Document:

EX-10.1

 Exhibit 10.1 

Execution Version 

AMENDMENT AGREEMENT 

AMENDMENT AGREEMENT dated as of April 15, 2014 (this “Amendment”), to the TERM LOAN AND REVOLVING CREDIT AGREEMENT dated
as of December 27, 2007 (as amended, supplemented or otherwise modified prior to the date hereof, the “Existing Credit Agreement”), among FEDERAL-MOGUL CORPORATION, a Delaware corporation (the “Original
Borrower”), CITICORP USA, INC. (“CUSA”) and each of the other commercial banks, finance companies, insurance companies or other financial institutions or funds from time to time party hereto (together with CUSA,
collectively, the “Lenders” and individually, a “Lender”), CUSA, as administrative agent, and each other party from time to time party thereto. 

WHEREAS, pursuant to the Existing Credit Agreement, the Term Loan Lenders under and as defined in the Existing Credit Agreement (the
“Existing Term Loan Lenders”) have made the Term Loans under and as defined in the Existing Credit Agreement (the “Existing Term Loans”) to the Original Borrower; 

WHEREAS, the Original Borrower desires that Federal-Mogul Holdings Corporation, a Delaware corporation (after giving effect to such
substitution, “Holdings” or the “New Borrower”), assume all of the rights and obligations of the Original Borrower, in its capacity as the Original Borrower, under the Amended Credit Agreement (as defined below) and
the other Loan Documents (other than with respect to the Existing Term Loans) including, without limitation, with respect to the Revolving Credit Facility and the Revolving Credit Loans, and become party to the Amended Credit Agreement; 

WHEREAS, the Original Borrower desires to repay the Existing Term Loans made by the Existing Term Loan Lenders; 

WHEREAS, the New Borrower has requested that the lenders set forth on the signature pages hereto as the “New Term Loan Lenders” (the
“New Term Loan Lenders”) extend credit to the New Borrower in the form of (x) four-year term loans (the “Tranche B Term Loans”) having an aggregate principal amount of $500,000,000 (the “Tranche B Term
Facility”) and (y) seven-year term loans (the “Tranche C Term Loans”, and together with the Tranche B Term Loans, the “New Term Loans”) having an aggregate principal amount of $2,100,000,000 (the
“Tranche C Term Facility”); 
 WHEREAS, Citibank, N.A. has agreed to serve as the administrative agent with respect to the
Tranche B Term Facility (in such capacity, the “Tranche B Term Administrative Agent”) and Credit Suisse AG has agreed to serve as the administrative agent with respect to the Tranche C Term Facility (in such capacity, the
“Tranche C Term Administrative Agent”); 
 WHEREAS, Citibank, N.A. has agreed to succeed CUSA in its capacity as
administrative agent with respect to the Revolving Credit Facility available under, and as defined in, the Amended Credit Agreement (Citibank, N.A. in such capacity, the “Revolving Administrative Agent” and, together with the
Tranche B Term Administrative Agent and the Tranche C Term Administrative Agent, the “Administrative Agents”) and the Lenders party hereto have agreed to so appoint Citibank, N.A. as Revolving Administrative Agent; 

WHEREAS, the Revolving Credit Lenders have agreed, in accordance with the Revolving Lender Consents (as defined in the Existing Credit
Agreement) and as otherwise provided herein, and the New Term Loan Lenders agree (A) to amend the Existing Credit Agreement as set forth herein as of the Amendment Effective Date (as defined below) and (B) to permit the New Borrower to
assume all of the rights and obligations of the Original Borrower in its capacity as the Original Borrower with respect to the Revolving Credit Facility and the Amended Credit Agreement; 

 WHEREAS, Holdings agrees (x) to assume all of the rights and obligations of the Original
Borrower with respect to the Revolving Credit Facility and the Amended Credit Agreement and (y) to become the Borrower with respect thereto; 

WHEREAS, the New Term Loan Lenders agree to make the New Term Loans to the New Borrower; 

WHEREAS, the New Borrower intends to contribute the proceeds of such New Term Loans to the Original Borrower so the Original Borrower may
repay the Existing Term Loans; 
 NOW, THEREFORE, in consideration of the mutual agreements herein contained and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 
 SECTION 1.
Defined Terms. Capitalized terms used but not otherwise defined herein have the meanings assigned to them in the Existing Credit Agreement or the Amended Credit Agreement, as the context may require. The interpretive provisions specified in
Section 1.02 of the Amended Credit Agreement also apply to this Amendment, mutatis mutandis. 
 SECTION 2. Amendment
of the Existing Credit Agreement. Effective as of the Amendment Effective Date: 
 (a) The Existing Credit Agreement shall be amended to
delete the stricken text (indicated textually in the same manner as the following example: stricken text) and to add the double-underlined text (indicated textually in the same manner as the following example:
double-underlined text) as set forth in the pages of the Existing Credit Agreement attached as Exhibit A hereto (the Existing Credit Agreement, as so amended, the “Amended
Credit Agreement”). 
 (b) All schedules and exhibits to the Existing Credit Agreement shall be replaced in their entirety by the
schedules and exhibits attached to the Amended Credit Agreement. 
 (c) On and after the Amendment Effective Date, each reference in the
Amended Credit Agreement to “this Agreement”, “hereunder”, “hereof”, “herein” or words of like import, and each reference to the Existing Credit Agreement in any other Loan Document, shall be deemed a
reference to the Amended Credit Agreement. This Amendment shall constitute a “Loan Document” for all purposes of the Amended Credit Agreement and the other Loan Documents. 

SECTION 3. Assumption of Obligations by Federal-Mogul Holdings Corporation Under Loan Documents, Etc. Effective as of the date hereof
and immediately after giving effect to this Amendment (the “Assumption Effective Time”), Federal-Mogul Holdings Corporation, a Delaware corporation, hereby (x) unconditionally assumes from the Original Borrower all rights,
Obligations, covenants and agreements of the Original Borrower (in its capacity as Original Borrower) under, (y) agrees that it will perform and observe on and after the Assumption Effective Time, all Obligations, covenants and agreements to be
performed by the Original Borrower under, and (z) agrees that, from and after the Assumption Effective Time, it will be bound in all respects by all of the terms and conditions of, the Amended Credit Agreement, the Notes (as defined in the
Existing Credit Agreement) and each other Loan Document (as defined in the Existing Credit Agreement) to which the Original Borrower is a party, in each case, as if Holdings were an original party thereto and without further action required on the
part of any Person, but in each case excluding the Original Borrower’s obligations with respect to the Existing Term Loans. In addition, as of the Assumption Effective Time, Holdings assumes (x) all liabilities of the Original Borrower
arising out of all representations, documents, instruments and certificates made or 

  
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delivered by the Original Borrower under or in connection with each Loan Document (as defined in the Existing Credit Agreement) (including, without limitation, the punctual payment when due of
the principal, interest and fees owing thereunder from time to time) to which the Original Borrower is a party and (y) all liabilities and Obligations as the “Borrower” and a “Loan Party” under each Loan Document, but in
each case excluding the Original Borrower’s obligations with respect to the Existing Term Loans. Further, each of Holdings and the Original Borrower hereby confirms and agrees that (x) the Loan Documents to which the Original Borrower is,
and Holdings will be, a party are, and shall continue on and after the Assumption Effective Time to be, in full force and effect in accordance with their respective terms and are, effective as of the Assumption Effective Time, ratified and confirmed
in all respects, and (y) the Security Documents to which the Original Borrower is, and Holdings will be, a party and all of the Collateral described therein do, and shall continue on and after the Assumption Effective Time to, secure the
payment of the Obligations purported to be secured thereby in accordance with their respective terms. 
 SECTION 4. Lender Consent.

 (a) The Revolving Administrative Agent acting at the direction, and on behalf of the Revolving Credit Lenders, hereby acknowledges and
agrees that this Amendment shall constitute the notice required to be provided to the Revolving Administrative Agent with respect to “Refinancing Indebtedness” pursuant to Section 2A.02 of the Existing Credit Agreement, and hereby
waives the obligation of the Original Borrower, the New Borrower or any other Loan Party to deliver any further notice of “Refinancing Indebtedness” with respect to this Amendment and the New Term Loans. 

(b) Each Revolving Credit Lender party hereto as a “Consenting Revolving Credit Lender” hereby consents to those terms of the Amended
Credit Agreement as to which such Revolving Credit Lender’s consent is required. 
 (c) Each Lender party hereto (x) acknowledges
and agrees that, as of the Amended Effective Date, the Intercreditor Agreement (as defined in the Existing Credit Agreement) shall be terminated and replaced with the ABL Intercreditor Agreement and (y) authorizes the Collateral Trustee and
each Applicable Administrative Agent to enter into the ABL Intercreditor Agreement, and any separate amendment or other agreement with respect to any of the Security Documents, to effect the foregoing. 

(d) Each Lender party hereto acknowledges and agrees to the resignation of CUSA as administrative agent under the Loan Documents and the
appointment of Citibank, N.A., as Revolving Administrative Agent under the Amended Credit Agreement (pursuant to Section 8.10 thereof) and the other Loan Documents, and in such capacity, shall succeed to, and become vested with, all the rights,
powers, privileges and duties bestowed upon the Revolving Administrative Agent under the Amended Credit Agreement and such other Loan Documents. 

SECTION 5. Subsidiary Release. Each of Federal-Mogul Global LLC and Federal-Mogul Global Properties, Inc. (collectively, the
“Released Subsidiaries”) are hereby released as Guarantors pursuant to the applicable Loan Documents, including, without limitation, the Domestic Subsidiary Guarantee, and from and after the Amendment Effective Date each such
Released Subsidiary shall be a Non-Guarantor Domestic Subsidiary. 
 SECTION 6. Representations and Warranties. To induce the other
parties hereto to enter into this Amendment, the New Borrower and each other Loan Party (as defined in the Amended Credit Agreement) represents and warrants to each other party hereto that, as of the Amendment Effective Date: 

  
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 (a) This Amendment has been duly authorized, executed and delivered by it and the Amended Credit
Agreement constitute its legal, valid and binding obligation, enforceable against it in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the
enforcement of creditors’ rights generally and by general equitable principles (whether enforcement is sought by proceedings in equity or at law). 

(b) All representations and warranties made by the New Borrower or such Loan Party in or pursuant to the Loan Documents (including, for
purposes of clarity, the Amended Credit Agreement) are true and correct in all material respects on and as of the Amendment Effective Date with the same effect as if made on and as of the Amendment Effective Date except to the extent such
representations and warranties expressly relate to an earlier date, in which case they shall be true and correct on and as of such earlier date. 

(c) At the time of and immediately after giving effect to this Amendment, no Event of Default or event which upon notice or lapse of time or
both would constitute an Event of Default has occurred and is continuing. 
 SECTION 7. Conditions to the Amendment Effective Date.
This Amendment shall become effective as of the first date (such date, the “Amendment Effective Date”) on which each condition set forth below shall be satisfied or waived: 

(a) Amendment Agreement. The Administrative Agents shall have received this Amendment, executed and delivered by
each of the New Borrower, the Original Borrower, each other Loan Party, the New Term Loan Lenders, the Tranche B Term Administrative Agent, the Tranche C Term Administrative Agent, CUSA, in its capacity as resigning administrative agent, acting at
the direction, and on behalf of, the Revolving Credit Lenders pursuant to Section 9.18 of the Existing Credit Agreement, Citibank, N.A., in its capacity as incoming Revolving Administrative Agent under the Amended Credit Agreement, and the
Required Revolving Credit Lenders. 
 (b) Loan Documents. The Administrative Agents shall have received each of the
Loan Documents set forth on Annex 1 to this Amendment, in each case executed and delivered by each of the parties thereto. 

(c) Solvency. The Administrative Agents shall have received a solvency certificate from a Financial Officer of the
New Borrower attesting to the solvency, on a consolidated basis as of the Amendment Effective Date (immediately after giving effect to the transactions to occur on the Amendment Effective Date), of the New Borrower and its Subsidiaries. Such
certificate shall be in form and substance reasonably satisfactory to the Administrative Agents. 
 (d)
Approvals. All governmental and third party approvals necessary in connection with this Amendment, the continuing operations of the Loan Parties and the transactions contemplated hereby shall have been obtained and be in full force and
effect, and all applicable waiting periods shall have expired without any action being taken or threatened by any competent authority that would restrain, prevent or otherwise impose adverse conditions on the transactions contemplated hereby. 

(e) Lien Searches. The Administrative Agents shall have received the results of a recent Lien search in each of the
domestic jurisdictions where the Loan Parties are organized, and such search shall reveal no liens on any of the assets of the Loan Parties except for Liens 

  
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permitted by Sections 6.03 of the Amended Credit Agreement or discharged on or prior to the Amendment Effective Date pursuant to documentation reasonably satisfactory to the Administrative
Agents. The Administrative Agents acknowledge that the documents and items referred to in this Section 6(e) have been received. 

(f) Fees. The Lenders and the Administrative Agents (or its applicable affiliate) shall have received all fees
required to be paid, and all expenses for which invoices have been presented (including the reasonable fees and expenses of legal counsel and financial advisors), pursuant to this Amendment and that certain Engagement Letter dated as of
March 20, 2014 among the Original Borrower, Citigroup Global Markets, Inc. and Credit Suisse Securities (USA) LLC. 

(g) Supporting Documents. The Administrative Agents (or their respective counsel) shall have received for each of
the Loan Parties: 
  

	 	(i)	a copy of such Loan Party’s Organizational Documents, as amended up to and including the Amendment Effective Date, certified as of a recent date by the applicable Governmental Authority of such Loan Party’s
jurisdiction incorporation, organization or formation; 

  

	 	(ii)	with respect to the New Borrower and each Loan Party that is a Domestic Subsidiary, a good standing certificate from the applicable Governmental Authority of such Loan Party’s jurisdiction of incorporation,
organization or formation, each dated a recent date prior to the Amendment Effective Date; 

  

	 	(iii)	signature and incumbency certificates of the officers of such Loan Party executing the Loan Documents to which it is a party, dated as of the Amendment Effective Date; and 

 

	 	(iv)	duly adopted resolutions of the board of directors or similar governing body of such Loan Party approving and authorizing the execution, delivery and performance of this Amendment and the other Loan Documents to which
it is a party or by which it or its assets may be bound as of the Amendment Effective Date, certified as of the Amendment Effective Date by its secretary or assistant secretary as being in full force and effect without modification or amendment.

 (h) Opinions of Counsel. The Administrative Agents and the Lenders shall have received the
favorable written opinion of counsel to the Loan Parties in each relevant jurisdiction, in form and substance reasonably satisfactory to the Administrative Agents. 

(i) Pledged Stock; Stock Powers; Pledged Notes. To the extent not previously delivered to the Collateral Trustee,
the Collateral Trustee shall have received (i) the certificates representing the shares of Capital Stock pledged pursuant to the Collateral Agreement and each Foreign Pledge Agreement (to the extent certificated), together with an undated stock
power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof (or such other instrument of transfer required under local law) and (ii) each promissory note (if any) pledged to the Collateral Trustee
pursuant to the Collateral Agreement and each Foreign Pledge Agreement endorsed (without recourse) in blank (or accompanied by an executed transfer form in blank) by the pledgor thereof. The applicable Administrative Agent acknowledge that the
documents and items referred to in this Section 6(i) have been delivered in connection with the Existing Credit Agreement. 

  
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 (j) Filings, Registrations and Recordings. Each document (including
any Uniform Commercial Code financing statement) required by the Collateral Agreement or under law or reasonably requested by the Collateral Trustee or the Administrative Agents to be filed, registered or recorded in order to create in favor of the
Collateral Trustee a perfected Lien on the Collateral described therein for the benefit of the Term Loan Lenders and a perfected Lien on the Collateral described therein for the benefit of the Revolving Credit Lenders, each such Lien to be prior and
superior in right to any other Person (other than with respect to Liens expressly permitted by Sections 6.03 of the Amended Credit Agreement), shall have been received and shall be in proper form for filing, registration or recordation. 

(k) Absence of Material Adverse Change. Since December 31, 2013 there shall have been no material adverse
change in the business, financial condition, operations, or property of the New Borrower or the New Borrower and its Subsidiaries, taken as a whole. 

(l) Representations and Warranties. Each of the representations and warranties made by any Loan Party in or
pursuant to the Loan Documents shall be true and correct on and as of the Amendment Effective Date with the same effect as if made on and as of such date except to the extent such representations and warranties expressly relate to an earlier date,
in which case they shall be true and correct on and as of such earlier date. 
 (m) No Default. No Default or
Event of Default shall have occurred and be continuing under the Existing Credit Agreement on the Amendment Effective Date (immediately prior to giving effect to this Amendment) or immediately after giving effect to this Amendment and to the Loans
to be made and Letters of Credit deemed issued under this Amendment on the Amendment Effective Date. 
 (n) Officer’s
Certificate. The Administrative Agents shall have received from the New Borrower a certificate dated the Amendment Effective Date and signed by a Financial Officer of the New Borrower, certifying to the matters set forth in Sections 6(l),
6(l) and 6(m) of this Amendment.
 (o) USA PATRIOT Act. Each Lender shall have received, to the extent not
previously delivered to such Lender, all documentation and other information required by bank regulatory authorizes under applicable “know your customer” and anti-money laundering rules and regulations, including the USA PATRIOT Act. 

SECTION 8. Post-Closing Obligations. Execute and deliver the documents and complete the tasks set forth on Annex 2 to this
Amendment in each case within the time limits specified on such schedule, or such later date(s) as the applicable Administrative Agent may agree in its sole discretion. 

SECTION 9. Partial Collateral Release; Term Letters of Credit. 

(a) Each Lender party hereto hereby authorizes the Administrative Agents and/or the Collateral Trustee (as applicable) to execute such
documents and take such other actions (at the expense of the Borrower) as may be reasonably requested by the Borrower to terminate each Foreign Pledge 

  
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Agreement set forth on Annex 3 to this Amendment (in accordance with Section 5.09(d) of the Amended Credit Agreement, under which no pledges or other security documentation governed by the
law of any jurisdiction other than the United States of America (or any political subdivision thereof) shall be required with respect to any Capital Stock of a Foreign Subsidiary that is evidenced by a certificate delivered to the Collateral
Trustee). For the avoidance of doubt, the termination of any such Foreign Pledge Agreement shall not constitute a termination or waiver of, or consent to or a modification or amendment of, any other term or condition of the Collateral Agreement or
any other Loan Document. 
 (b) Each of the parties hereto hereby acknowledges that, as of the Amendment Effective Date, the Term Letters of
Credit (as defined in the Existing Credit Agreement) outstanding as of such date will be deemed to be outstanding as Letters of Credit under the Revolving Credit Facility under the Amended Credit Agreement (such Term Letters of
Credit, the “Converted Letters of Credit”). Accordingly, the parties hereto agree that (i) as of the Amendment Effective Date, (x) the amount on deposit in the Term Letter of Credit Account (other than for purposes of
clause (ii) below) shall be deemed to be $0 and (y) the Revolving Credit Availability shall be reduced by an amount equal to the sum of (A) the aggregate undrawn stated amount of all Converted Letters of Credit plus (B) all
amounts theretofore drawn under such Converted Term Letters of Credit and not reimbursed as of the Amendment Effective Date and (ii) promptly following delivery to the Revolving Administrative Agent of an updated Borrowing Base Certificate
reflecting the Converted Letters of Credit, the Revolving Administrative Agent shall transfer the Term Letter of Credit Deposit Amount (as defined in the Existing Credit Agreement) as of such date into such account or accounts designated by the
Borrower. 
 SECTION 10. Effect of Amendment. The amendment of the Existing Credit Agreement as contemplated hereby shall not be
construed to discharge or release any Loan Party from any obligations accrued or otherwise owing under the Existing Credit Agreement, which shall remain owing under the Amended Credit Agreement. 

SECTION 11. Applicable Law; Waiver of Jury Trial. THIS AMENDMENT AND ANY CLAIMS, CONTROVERSY, DISPUTE OR CAUSE OF ACTION (WHETHER IN
CONTRACT OR TORT OR OTHERWISE) BASED UPON, ARISING OUT OF OR RELATING TO THIS AMENDMENT AND THE TRANSACTIONS CONTEMPLATED HEREBY SHALL IN ALL RESPECTS BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO
CONTRACTS MADE AND TO BE PERFORMED WHOLLY WITHIN SUCH STATE. 
 EACH PARTY HERETO HEREBY AGREES TO THE WAIVER OF JURY TRIAL PROVISIONS SET FORTH IN
SECTION 9.16 OF THE AMENDED CREDIT AGREEMENT AS IF SUCH SECTION WERE SET FORTH IN FULL HEREIN. 
 The New Borrower (on behalf of itself
and the other Loan Parties) and each Lender party hereto 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 hereto or any related party of any of the foregoing in any way relating to this Amendment or any other Loan Document 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, for itself and its property, to the
jurisdiction of such courts and agrees that all claims in respect of any 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 party 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. 

  
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 SECTION 12. Miscellaneous. 

(a) Expenses; Settlement. The New Borrower agrees to reimburse the Administrative Agents, for its reasonable out-of-pocket expenses in
connection with this Amendment to the extent required under Section 9.05 of the Amended Credit Agreement. The Borrower and each of the Loan Parties hereby consent to the primary syndication of the New Term Loans, for a period of three Business
Day from and after the Amendment Effective Date (whether by assignment or customary cashless settlement), and hereby acknowledge and agree that the documents evidencing such primary syndication, and the transactions contemplated thereby, shall be
subject to the provisions of Section 9.06 of the Amended Credit Agreement. 
 (b) Reaffirmation. Except as expressly set forth
herein, this Amendment shall not by implication or otherwise limit, impair, constitute a waiver of or otherwise affect the rights and remedies of the Lenders, the Collateral Trustee or the Administrative Agents under the Existing Credit Agreement as
amended by this Amendment or under any other Loan Document and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Existing Credit Agreement as amended by this
Amendment, or of any other Loan Document, all of which are ratified and affirmed in all respects and shall continue in full force and effect. Each of the New Borrower and each other Loan Party party hereto hereby (a) ratifies and affirms its
obligations under the Amended Credit Agreement and each Loan Document to which it is a party, in each case as amended by this Amendment (and, in the case of the Guarantees, each Guarantor (including the Original Borrower) hereby confirms and
ratifies its continuing unconditional obligations as a Guarantor under the applicable Guarantee with respect to all Guaranteed Obligations thereunder (including, for the avoidance of doubt, the Term Loans made on the Amendment Effective Date),
(b) ratifies and affirms all Liens on the Collateral which have been granted by it for the benefit of the Secured Parties pursuant to the Loan Documents and (c) acknowledges and agrees that the grants of security interests by the Loan
Parties contained in the Collateral Agreement and the other Security Documents are, and shall remain, in full force and effect immediately after giving effect to this Amendment and, in each case, shall continue to secure the payment of all
Obligations (including, for the avoidance of doubt, the Term Loans made on the Amendment Effective Date). 
 (c) Execution in
Counterparts. This Amendment may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract.
Delivery of an executed counterpart of a signature page of this Amendment by facsimile transmission or other electronic imaging shall be effective as delivery of a manually executed counterpart of this Amendment. 

(d) Headings. The Section headings used herein are for convenience of reference only, are not part of this Amendment and are not to
affect the construction of, or to be taken into consideration in interpreting, this Amendment. 
 [Remainder of page intentionally
left blank.] 

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

			
	FEDERAL-MOGUL HOLDINGS CORPORATION, as New Borrower
		
	by:	 	 /s/ James C. Zabriskie

		 	 Name: James C. Zabriskie
 Title: Vice President
and Treasurer

	
	FEDERAL-MOGUL CORPORATION, as Original Borrower
		
	by:	 	 /s/ James C. Zabriskie

		 	 Name: James C. Zabriskie
 Title: Vice President
and Treasurer

  
 [Signature Page to
Refinancing Amendment Agreement] 

 
			
	 CARTER AUTOMOTIVE COMPANY, INC.
  

FEDERAL-MOGUL IGNITION COMPANY
  

FEDERAL-MOGUL PISTON RINGS, INC.
  

FEDERAL-MOGUL POWERTRAIN, INC.
  

FEDERAL-MOGUL POWERTRAIN IP, LLC
  

FEDERAL-MOGUL PRODUCTS, INC.
  

FEDERAL-MOGUL VEHICLE COMPONENT SOLUTIONS, INC.
  

FEDERAL-MOGUL WORLD WIDE, INC.
  

FELT PRODUCTS MFG, CO.
  

MUZZY LYON AUTO PARTS, INC.

	
	FEDERAL-MOGUL CHASSIS LLC
		
	by:	 	 /s/ James C. Zabriskie

		 	 Name: James C. Zabriskie
 Title: President and
Treasurer

  
 [Signature Page to
Refinancing Amendment Agreement] 

 
			
	CITICORP USA, INC.
	as resigning Administrative Agent
		
		 	 /s/ Matthew Burke

		 	 Name: Matthew Burke
 Title: Vice
President

	
	CITIBANK, N.A.,
	as incoming Revolving Administrative Agent
		
		 	 /s/ Matthew Burke

		 	 Name: Matthew Burke
 Title: Vice
President

	
	CITIBANK, N.A.,
	as Tranche B Term Administrative Agent
		
		 	 /s/ Matthew Burke

		 	 Name: Matthew Burke
 Title: Vice
President

  
 [Signature Page to
Refinancing Amendment Agreement] 

 
			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Tranche C
	Term Administrative Agent
		
		 	 /s/ John D. Toronto

		 	 Name: John D. Toronto
 Title: Authorized
Signatory

		
		 	 /s/ Whitney Gaston

		 	 Name: Whitney Gaston
 Title: Authorized
Signatory

  
 [Signature Page to
Refinancing Amendment Agreement] 

 
			
	CITICORP NORTH AMERICA, INC.
	as a New Term Loan Lender and Tranche B Lender
		
		 	 /s/ Matthew S. Burke

		 	 Name: Matthew S. Burke
 Title:
Director

  
 [Signature Page to
Refinancing Amendment Agreement] 

 
			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH
	as a New Term Loan Lender and Tranche C Lender
		
		 	 /s/ John D. Toronto

		 	 Name: John D. Toronto
 Title: Authorized
Signatory

		
		 	 /s/ Whitney Gaston

		 	 Name: Whitney Gaston
 Title: Authorized
Signatory

  
 [Signature Page to
Refinancing Amendment Agreement] 

 
			
	CITIBANK, N.A.,
	as a Consenting Revolving Credit Lender
		
		 	 /s/ Matthew Burke

		 	 Name: Matthew Burke
 Title: Vice
President

  
 [Signature Page to
Refinancing Amendment Agreement] 

 
			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH,
	as a Consenting Revolving Credit Lender
		
		 	 /s/ John D. Toronto

		 	 Name: John D. Toronto
 Title: Authorized
Signatory

		
		 	 /s/ Whitney Gaston

		 	 Name: Whitney Gaston
 Title: Authorized
Signatory

  
 [Signature Page to
Refinancing Amendment Agreement] 

 
			
	Wells Fargo Bank, N.A.,
	as a Consenting Revolving Credit Lender
		
		 	 /s/ Kevin Cox

		 	 Name: Kevin Cox
 Title: Authorized
Signatory

  
 [Signature Page to
Refinancing Amendment Agreement] 

 
			
	UBS AG, STAMFORD BRANCH,
	as a Consenting Revolving Credit Lender
		
		 	 /s/ Lana Gifas

		 	 Name: Lana Gifas
 Title: Director

		
		 	 /s/ Jennifer Anderson

		 	 Name: Jennifer Anderson
 Title: Associate
Director

  
 [Signature Page to
Refinancing Amendment Agreement] 

 
			
	ROYAL BANK OF CANADA,
	as a Consenting Revolving Credit Lender
		
		 	 /s/ Edward D. Herko

		 	 Name: Edward D. Herko
 Title: Authorized
Signatory

  
 [Signature Page to
Refinancing Amendment Agreement] 

 
			
	SIEMENS FINANCIAL SERVICES, INC.,
	as a Consenting Revolving Credit Lender
		
		 	 /s/ James Tregillies

		 	 Name: James Tregillies
 Title: Vice
President

		
		 	 /s/ John Finore

		 	 Name: John Finore
 Title: Vice
President

  
 [Signature Page to
Refinancing Amendment Agreement] 

 
			
	BMO HARRIS BANK N.A.,
	as a Consenting Revolving Credit Lender
		
		 	 /s/ Kara Goodwin

		 	 Name: Kara Goodwin
 Title:
Director

  
 [Signature Page to
Refinancing Amendment Agreement] 

 
			
	COMPASS BANK,
	as a Consenting Revolving Credit Lender
		
		 	 /s/ Kenneth E. Moore, Jr.

		 	 Name: Kenneth E. Moore, Jr.
 Title: Managing
Director

  
 [Signature Page to
Refinancing Amendment Agreement] 

 
			
	Bank of America, N.A.,
	as a Consenting Revolving Credit Lender
		
		 	 /s/ Kindra M. Mullarky

		 	 Name: Kindra M. Mullarky
 Title: Vice
President

  
 [Signature Page to
Refinancing Amendment Agreement] 

 
			
	U.S. Bank National Association,
	as a Consenting Revolving Credit Lender
		
		 	 /s/ Matthew Kasper

		 	 Name: Matthew Kasper
 Title:
Vice-President

  
 [Signature Page to
Refinancing Amendment Agreement] 

 
			
	Commerzbank AG, New York and Grand Cayman Branches,
	as a Consenting Revolving Credit Lender
		
		 	 /s/ Patrick Hartweger

		 	 Name: Patrick Hartweger
 Title: Managing
Director

		
		 	 /s/ Raquel Jegouzo

		 	 Name: Raquel Jegouzo
 Title: Assistant Vice
President

  
 [Signature Page to
Refinancing Amendment Agreement] 

 Composite conformed copy reflecting amendments made pursuant to the 2014 Term Facility 

Amendment Agreement dated as of April 15, 2014. 

CUSIP Number for the Revolving Credit Loans: 
 CUSIP
Number for the Tranche B Term Loans: 
 CUSIP Number for the Tranche C Term Loans: 

TERM LOAN AND REVOLVING CREDIT AGREEMENT 
  

 
 among 

FEDERAL-MOGUL HOLDINGS CORPORATION, 

as Borrower, 
 THE LENDERS PARTY
HERETO, 
 CITIBANK, N.A., 

as Revolving Administrative Agent, 

CITIBANK, N.A., 
 as Tranche
B Term Administrative Agent, 
 CREDIT SUISSE AG, 

as Tranche C Term Administrative Agent, 

CITIGROUP GLOBAL MARKETS INC., 

CREDIT SUISSE SECURITIES (USA) LLC and  

WELLS FARGO BANK, N.A., 
 as
Joint Lead Arrangers and Joints Bookrunners with respect to the Revolving Credit Facility, 
 and 

WELLS FARGO BANK, N.A., 
 as
sole Documentation Agent with respect to the Revolving Credit Facility, 
 CITIGROUP GLOBAL MARKETS INC. and  

CREDIT SUISSE SECURITIES (USA) LLC, 

as Joint Lead Arrangers and Joint Bookrunners with respect to the Term Facility 

 
  

Dated as of December 27, 2007, as amended 

April 30, 2009, December 6, 2013 and as further amended April 15, 2014 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	PAGE	 
	ARTICLE I DEFINITIONS	  
			
	 Section 1.01.
	 	Defined Terms	  	 	2	  
	 Section 1.02.
	 	Terms Generally	  	 	66	  
	 Section 1.03.
	 	Accounting Terms; GAAP	  	 	66	  
	
	ARTICLE II AMOUNT AND TERMS OF CREDIT	  
			
	 Section 2.01.
	 	The Loans	  	 	66	  
	 Section 2.02.
	 	Borrowing Base	  	 	67	  
	 Section 2.03.
	 	Making of Loans	  	 	67	  
	 Section 2.04.
	 	[Reserved]	  	 	68	  
	 Section 2.05.
	 	Letters of Credit	  	 	68	  
	 Section 2.06.
	 	Issuance	  	 	71	  
	 Section 2.07.
	 	Nature of Letter of Credit Obligations Absolute	  	 	71	  
	 Section 2.08.
	 	[Reserved]	  	 	71	  
	 Section 2.09.
	 	Repayment of Loans and Unreimbursed Draws; Evidence of Debt	  	 	71	  
	 Section 2.10.
	 	Interest on Loans	  	 	73	  
	 Section 2.11.
	 	Default Interest	  	 	73	  
	 Section 2.12.
	 	Termination or Reduction of Commitments	  	 	73	  
	 Section 2.13.
	 	Alternate Rate of Interest	  	 	74	  
	 Section 2.14.
	 	Refinancing of Loans	  	 	74	  
	 Section 2.15.
	 	Mandatory Prepayments of Revolving Credit Loans	  	 	76	  
	 Section 2.16.
	 	Mandatory Prepayments of Term Loans	  	 	76	  
	 Section 2.17.
	 	Optional Prepayment of Loans; Reimbursement of Lenders	  	 	78	  
	 Section 2.18.
	 	Reserve Requirements; Change in Circumstances	  	 	80	  
	 Section 2.19.
	 	Change in Legality	  	 	81	  
	 Section 2.20.
	 	Pro Rata Treatment, Application of Payments, etc.	  	 	82	  
	 Section 2.21.
	 	Taxes	  	 	84	  
	 Section 2.22.
	 	Certain Fees	  	 	89	  
	 Section 2.23.
	 	Commitment Fee	  	 	89	  
	 Section 2.24.
	 	Letter of Credit Fees	  	 	89	  
	 Section 2.25.
	 	Nature of Fees	  	 	90	  
	 Section 2.26.
	 	Right of Set-Off; Sharing	  	 	90	  
	 Section 2.27.
	 	Replacement of Certain Lenders	  	 	90	  
	 Section 2.28.
	 	Revolving Credit Commitment Expansion Option	  	 	91	  
	 Section 2.29.
	 	Defaulting Revolving Lenders	  	 	92	  
	 Section 2.30.
	 	Extension of Maturity Date	  	 	94	  
	 Section 2.31.
	 	Term Loan Refinancing Facilities	  	 	97	  
	 Section 2.32.
	 	Incremental Term Facilities	  	 	98	  

  
 i 

							
	
	ARTICLE III REPRESENTATIONS AND WARRANTIES	  
			
	 Section 3.01.
	 	Financial Condition	  	 	100	  
	 Section 3.02.
	 	No Change	  	 	100	  
	 Section 3.03.
	 	Existence; Compliance With Law	  	 	100	  
	 Section 3.04.
	 	Power; Authorization; Enforceable Obligations	  	 	100	  
	 Section 3.05.
	 	No Legal Bar	  	 	101	  
	 Section 3.06.
	 	Litigation	  	 	101	  
	 Section 3.07.
	 	No Default	  	 	101	  
	 Section 3.08.
	 	Ownership of Property; Liens	  	 	101	  
	 Section 3.09.
	 	Intellectual Property	  	 	101	  
	 Section 3.10.
	 	Taxes	  	 	102	  
	 Section 3.11.
	 	Investment Company Act; Other Regulations	  	 	102	  
	 Section 3.12.
	 	Subsidiaries	  	 	102	  
	 Section 3.13.
	 	Accuracy of Information, etc.	  	 	102	  
	 Section 3.14.
	 	Security Documents	  	 	102	  
	 Section 3.15.
	 	Regulation H	  	 	103	  
	 Section 3.16.
	 	Environmental Matters	  	 	103	  
	 Section 3.17.
	 	[Reserved]	  	 	104	  
	 Section 3.18.
	 	Solvency	  	 	104	  
	 Section 3.19.
	 	Regulation U	  	 	105	  
	 Section 3.20.
	 	Use of Proceeds	  	 	105	  
	 Section 3.21.
	 	Labor Matters	  	 	105	  
	 Section 3.22.
	 	ERISA	  	 	105	  
	 Section 3.23.
	 	Trading with the Enemy Act; Patriot Act; Foreign Corrupt Practices Act	  	 	105	  
	 Section 3.25.
	 	Economic Sanctions	  	 	106	  
	
	ARTICLE IV CONDITIONS OF LENDING	  
			
	 Section 4.01.
	 	[Reserved]	  	 	106	  
	 Section 4.02.
	 	Conditions Precedent to Each Loan and Each Letter of Credit	  	 	106	  
	
	ARTICLE V AFFIRMATIVE COVENANTS	  
			
	 Section 5.01.
	 	Financial Statements	  	 	107	  
	 Section 5.02.
	 	Certificates; Other Information	  	 	108	  
	 Section 5.03.
	 	Payment of Obligations	  	 	110	  
	 Section 5.04.
	 	Maintenance of Existence; Compliance	  	 	110	  
	 Section 5.05.
	 	Maintenance of Property; Insurance	  	 	110	  
	 Section 5.06.
	 	Inspection of Property; Books and Records; Discussions	  	 	110	  
	 Section 5.07.
	 	Notices	  	 	111	  
	 Section 5.08.
	 	Environmental Laws	  	 	112	  
	 Section 5.09.
	 	Additional Collateral, Additional Loan Parties, etc.	  	 	113	  
	 Section 5.10.
	 	Maintenance of Concentration Account	  	 	115	  
	 Section 5.11.
	 	Blocked Accounts	  	 	115	  
	 Section 5.12.
	 	Borrowing Base Certificate	  	 	116	  

  
 ii 

							
	 Section 5.13.
	 	Use of Proceeds	  	 	116	  
	 Section 5.14.
	 	[Reserved]	  	 	116	  
	 Section 5.15.
	 	Designation of Subsidiaries	  	 	116	  
	
	ARTICLE VI NEGATIVE COVENANTS	  
			
	 Section 6.01.
	 	Fixed Charge Coverage Ratio	  	 	117	  
	 Section 6.02.
	 	Indebtedness	  	 	117	  
	 Section 6.03.
	 	Liens	  	 	120	  
	 Section 6.04.
	 	Fundamental Changes	  	 	123	  
	 Section 6.05.
	 	Disposition of Property	  	 	124	  
	 Section 6.06.
	 	Restricted Payments	  	 	126	  
	 Section 6.07.
	 	[Reserved]	  	 	127	  
	 Section 6.08.
	 	Investments	  	 	128	  
	 Section 6.09.
	 	Optional Payments and Modifications of Certain Debt Instruments	  	 	130	  
	 Section 6.10.
	 	Transactions with Affiliates	  	 	130	  
	 Section 6.11.
	 	Sales and Leasebacks	  	 	131	  
	 Section 6.12.
	 	Swap Agreements	  	 	131	  
	 Section 6.13.
	 	Changes in Fiscal Periods	  	 	131	  
	 Section 6.14.
	 	Negative Pledge Clauses	  	 	131	  
	 Section 6.15.
	 	Clauses Restricting Subsidiary Distributions	  	 	132	  
	 Section 6.16.
	 	Lines of Business	  	 	132	  
	
	ARTICLE VII EVENTS OF DEFAULT	  
			
	 Section 7.01.
	 	Events of Default	  	 	133	  
	 Section 7.02.
	 	Equity Cure Right	  	 	136	  
	
	ARTICLE VIII THE ADMINISTRATIVE AGENTS	  
			
	 Section 8.01.
	 	Administration by Administrative Agents	  	 	137	  
	 Section 8.02.
	 	Advances and Payments	  	 	137	  
	 Section 8.03.
	 	Sharing of Setoffs	  	 	138	  
	 Section 8.04.
	 	Agreement of Required Lenders	  	 	138	  
	 Section 8.05.
	 	Liability of Administrative Agents	  	 	138	  
	 Section 8.06.
	 	Reimbursement and Indemnification	  	 	139	  
	 Section 8.07.
	 	Rights of Administrative Agents	  	 	139	  
	 Section 8.08.
	 	Independent Lenders	  	 	140	  
	 Section 8.09.
	 	Notice of Transfer	  	 	140	  
	 Section 8.10.
	 	Successor Administrative Agents	  	 	140	  
	 Section 8.11.
	 	Designated Hedging Obligations; Secured Cash Management Obligations	  	 	140	  
	
	ARTICLE IX MISCELLANEOUS	  
			
	 Section 9.01.
	 	Notices	  	 	143	  
	 Section 9.02.
	 	Survival of Agreement, Representations and Warranties, etc.	  	 	144	  
	 Section 9.03.
	 	Successors and Assigns	  	 	144	  

  
 iii 

							
	 Section 9.04.
	 	Confidentiality	  	 	150	  
	 Section 9.05.
	 	Expenses	  	 	151	  
	 Section 9.06.
	 	Indemnity	  	 	151	  
	 Section 9.07.
	 	Choice of Law; Jurisdiction; Service of Process	  	 	152	  
	 Section 9.08.
	 	No Waiver	  	 	153	  
	 Section 9.09.
	 	Extension of Maturity	  	 	153	  
	 Section 9.10.
	 	Amendments, etc.	  	 	153	  
	 Section 9.11.
	 	Severability	  	 	158	  
	 Section 9.12.
	 	Headings	  	 	158	  
	 Section 9.13.
	 	Execution in Counterparts	  	 	158	  
	 Section 9.14.
	 	Prior Agreements	  	 	158	  
	 Section 9.15.
	 	Further Assurances	  	 	158	  
	 Section 9.16.
	 	Waiver of Jury Trial	  	 	158	  
	 Section 9.17.
	 	USA PATRIOT Act	  	 	159	  
	 Section 9.18.
	 	[Reserved]	  	 	159	  
	 Section 9.19.
	 	No Fiduciary Relationship	  	 	160	  

  

					
	 Annex A-1
	 	–	  	Tranche B Commitment Amounts
	 Annex A-2
	 	–	  	Tranche C Commitment Amounts
	 Annex A-3
	 	–	  	Revolving Credit Commitment Amounts
			
	 Exhibit A
	 	–	  	Form of Assignment and Acceptance
	 Exhibit B
	 	–	  	Form of Borrowing Base Certificate
	 Exhibit C
	 	–	  	Form of Collateral Agreement
	 Exhibit D
	 	–	  	Form of Collateral Trust Agreement
	 Exhibit E
	 	–	  	Form of Compliance Certificate
	 Exhibit F
	 	–	  	Form of Domestic Subsidiary Guarantee
	 Exhibit G-1
	 	–	  	Form of ABL Intercreditor Agreement
	 Exhibit G-2
	 	–	  	Form of Pari Passu Intercreditor Agreement
	 Exhibit G-3
	 	–	  	Form of Second Lien Intercreditor Agreement
	 Exhibit H
	 	–	  	Form of Mortgage
	 Exhibit I
	 	–	  	Form of Increasing/Augmenting Lender Supplement
			
	 Pricing Schedule
	 		  	
		
	 Schedule 1.01A
	  	Business Segmentation Restructuring Plan
	 Schedule 1.01B
	  	Existing Receivables Facilities Documents
	 Schedule 1.01C
	  	Existing Term Letters of Credit
	 Schedule 1.01D
	  	Existing Foreign Pledge Agreements
	 Schedule 1.01E
	  	Joint Ventures
	 Schedule 1.01F
	  	Mortgaged Properties; Mortgage Documentation
	 Schedule 1.01G
	  	Non-Guarantor Domestic Subsidiaries
	 Schedule 1.01H
	  	Tax Restructuring
	 Schedule 1.01I
	  	Specified Divestitures
	 Schedule 1.01J
	  	Unrestricted Subsidiaries

  
 iv 

					
	 Schedule 1.01K
	 		  	Permitted Acquisitions
	 Schedule 3.04
	 		  	Consents, Authorizations, Filings and Notices
	 Schedule 3.06
	 		  	Litigation
	 Schedule 3.12
	 		  	Subsidiaries
	 Schedule 3.14(a)
	 		  	Perfection of Security Interests
	 Schedule 3.14(b)
	 		  	Locations/Offices for Filing of Mortgages
	 Schedule 3.16
	 		  	Environmental Matters
	 Schedule 3.22
	 		  	ERISA
	 Schedule 6.02(f)
	 		  	Existing Indebtedness
	 Schedule 6.03(f)
	 		  	Existing Liens
	 Schedule 6.08(l)
	 		  	Existing Investments

  
 v 

 Exhibit A 

(Amended Credit Agreement) 

EXHIBIT A 
 AMENDED
CREDIT AGREEMENT 
 TERM LOAN AND REVOLVING CREDIT AGREEMENT 

TERM LOAN AND REVOLVING CREDIT AGREEMENT, dated as of December 27, 2007, as amended April 30, 2009, as amended
December 6, 2013 and as further amended on the 2014 Amendment Effective Date, among FEDERAL-MOGUL HOLDINGS CORPORATION, a Delaware corporation (“Holdings”, and after giving effect to the Borrower Substitution referred to below,
the “Borrower”), each of the commercial banks, finance companies, insurance companies or other financial institutions or funds from time to time party hereto (collectively, the “Lenders” and individually, each a
“Lender”), CITIBANK, N.A., as administrative agent with respect to the Revolving Credit Facility (such term, and each other capitalized term used herein, having the meaning assigned thereto in Section 1.01) (in such capacity,
including any successors and assigns, the “Revolving Administrative Agent”), CITIBANK, N.A., as administrative agent with respect to the Tranche B Term Facility (in such capacity, including any successors and assigns, the
“Tranche B Term Administrative Agent”), CREDIT SUISSE AG, as administrative agent with respect to the Tranche C Term Facility (in such capacity, including any successors and assigns, the “Tranche C Term Administrative
Agent”) and each Fronting Bank from time to time party hereto. 
 INTRODUCTION 

WHEREAS, Federal-Mogul Corporation, a Delaware corporation (in its capacity as the borrower, the “Original Borrower”)
entered into this Term Loan and Revolving Credit Agreement, dated as of December 27, 2007, among the Original Borrower, Citicorp USA, Inc., as administrative agent for the lenders thereunder (in such capacity, the “Original
Administrative Agent”), the lenders party thereto and the other parties thereto, pursuant to which the Lenders extended credit to the Original Borrower in the form of term loan facilities and an asset-based revolving credit facility;

 WHEREAS, pursuant to the 2013 Revolving Facility Amendment Agreement, the parties thereto agreed to (i) to replace in full the
revolving credit facility under this Agreement immediately prior to the 2013 Amendment Effective Date with a Replacement Revolving Credit Facility (as contemplated by Section 9.10 of this Agreement as in effect immediately prior to the 2013
Amendment Effective Date) and (ii) to increase the Total Revolving Credit Commitments hereunder by $10,000,000 to an aggregate principal amount of $550,000,000 pursuant to Section 2.28 of this Agreement as in effect immediately prior to
the 2013 Amendment Effective Date; 
 WHEREAS, Holdings and the Original Borrower have requested that as of the 2014 Amendment
Effective Date, (a) Holdings assume (the “Borrower Substitution”) all of the rights and obligations of the Original Borrower (in its capacity as the Original Borrower) with respect to the Revolving Credit Facility pursuant to
the 2014 Term Facility Amendment Agreement and (b) the Term Loan Lenders extend credit to Holdings in the form of (x) Tranche B Term Loans having an aggregate principal amount of $700,000,000 and (y) Tranche C Term Loans having an
aggregate principal amount of $1,900,000,000 in order to refinance the Term Loans outstanding immediately prior to the 2014 Amendment Effective Date;  

WHEREAS, the Original Borrower, the Borrower, the Revolving Credit Lenders, the Term Loan Lenders, the Revolving Administrative Agent, the
Tranche B Term Administrative Agent, the Tranche C Administrative Agent and the other parties to the 2014 Term Facility Amendment Agreement have agreed to amend this Agreement as set forth herein; and 

 WHEREAS, as of the 2014 Amendment Effective Date, (i) the Term Loans outstanding immediately
prior to the 2014 Amendment Effective Date will be refinanced with the proceeds of the Term Loans made on the 2014 Amendment Effective Date, (ii) the Borrower will assume all of the rights and obligations of the Original Borrower (in its
capacity as the Original Borrower) with respect to the Revolving Credit Facility and the other Loan Documents to which the Original Borrower was a party in such capacity and (iii) the Original Administrative Agent will resign from such capacity
and the Required Revolving Credit Lenders will appoint Citibank to serve as the Revolving Administrative Agent hereunder and under each other applicable Loan Document; 

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

ARTICLE I 
 DEFINITIONS 

Section 1.01. Defined Terms. As used in this Agreement, the following terms shall have the meanings specified below. 

“2013 Revolving Facility Amendment Agreement” shall mean the Increase, Joinder and Amendment Agreement dated as of
December 6, 2013, among the Original Borrower, certain of the other Loan Parties, the Revolving Credit Lenders party thereto (which represented all of the Revolving Credit Lenders as of the 2013 Amendment Effective Date) and the Original
Administrative Agent. 
 “2013 Amendment Effective Date” shall mean the date on which the conditions precedent set
forth in Section 6 of the 2013 Revolving Facility Amendment Agreement were first satisfied, which date was December 6, 2013. 

“2014 Amendment Effective Date” shall mean the date on which the conditions precedent set forth in Section 7 of the 2014
Term Facility Amendment Agreement are first satisfied, which date is April 15, 2014. 
 “2014 Term Facility Amendment
Agreement” shall mean the Amendment Agreement dated as of the 2014 Amendment Effective Date, among the Original Borrower, the Borrower, the other Loan Parties party thereto, the Term Loan Lenders party thereto (which represent all of the
Term Loan Lenders as of the 2014 Amendment Effective Date), the Revolving Credit Lenders party thereto, Citicorp USA, Inc., as outgoing administrative agent, and the Administrative Agents. 

“ABL Intercreditor Agreement” shall mean that certain ABL/Term Intercreditor Agreement substantially in the form of
Exhibit G-1, dated as of the 2014 Amendment Effective Date, by and among the Collateral Trustee, the Revolving Administrative Agent, as First Priority Representative (as defined in the ABL Intercreditor Agreement), each Term Administrative Agent, as
Second Priority Representatives (as defined in the ABL Intercreditor Agreement), the Borrower and each of the other Loan Parties party thereto, as the same may be amended, supplemented or modified from time to time in accordance with the terms
hereof and thereof. 

  
 2 

 “ABR Loan” shall mean any Loan bearing interest at a rate determined by
reference to the Alternate Base Rate in accordance with the provisions of Article II. 
 “Account” shall mean
any right to payment for goods sold in the ordinary course of business, regardless of how such right is evidenced and whether or not it has been earned by performance. 

“Account Debtor” shall mean, with respect to any Account, the obligor with respect to such Account. 

“Acquisition” shall mean any acquisition or series of related acquisitions (including, Investments) by any Group
Member of (a) more than 50% of the voting stock of any Person, (b) all or substantially all of the Capital Stock, or substantially all of the assets, of any Person, or (c) all or substantially all of the assets constituting a division
or business line of any Person. 
 “Adjusted Consolidated Net Income” shall mean, for any period,
Consolidated Net Income from continuing operations, but excluding (without duplication) an amount equal to the amount of all non-cash restructuring or impairment charges, or similar non-cash expenses, or write-downs or write-offs (other than
write-downs or write-offs of inventory) for such period. 
 “Adjusted Eligible Accounts Receivable” shall mean
Eligible Accounts Receivable, minus the Dilution Reserve. 
 “Adjusted LIBOR Rate” shall mean, with respect
to any Eurodollar Borrowing for any Interest Period, an interest rate per annum (rounded to the nearest 1/100 of 1%) equal to the quotient of (a) the LIBOR Rate in effect for such Interest Period divided by (b) a percentage (expressed as a
decimal) equal to 100% minus Statutory Reserves. For purposes hereof, the term “LIBOR Rate” shall mean, with respect to any Eurodollar Borrowing for any Interest Period, the rate appearing on the LIBOR01 page of the Intercontinental
Exchange Benchmark Administration Ltd (ICE) (or on any successor or substitute page of such service) at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period, as the rate for Dollar deposits with
a maturity comparable to such Interest Period; provided that if any Eurodollar Borrowing under the Revolving Credit Facility is for an Interest Period of Discontinued Tenor, the LIBOR Rate shall mean the Interpolated Screen
Rate. In the event that any such rate is not available at such time for any reason, then the “LIBOR Rate” with respect to such Eurodollar Borrowing for such Interest Period shall be the rate at which Dollar deposits in an amount
approximately equal to the Loan to be made by the Applicable Administrative Agent as part of such Borrowing and for a maturity comparable to such Interest Period are offered by the principal London office of any Reference Bank in immediately
available funds to prime banks in the London interbank market at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period. Notwithstanding the foregoing, the LIBOR Rate with respect to any Eurodollar
Term Borrowing shall be not less than 1.00%. 

  
 3 

 “Adjustment Period” shall have the meaning set forth in the definition of
“Liquidity Event”. 
 “Administrative Agents” shall mean the collective reference to the Tranche B Term
Administrative Agent, the Tranche C Term Administrative Agent and the Revolving Administrative Agent and “Administrative Agent” shall mean the Applicable Administrative Agent. 

“Administrative Questionnaire” shall mean an administrative questionnaire in a form supplied by the Applicable
Administrative Agent. 
 “Affected Lender” shall have the meaning set forth in Section 2.27. 

“Affiliate” shall mean, as to any Person, any other Person which, directly or indirectly, is in control of, is
controlled by, or is under common control with, such Person. For purposes of this definition, a Person (a “Controlled Person”) shall be deemed to be “controlled by” another Person (a “Controlling Person”)
if the Controlling Person possesses, directly or indirectly, power to direct or cause the direction of the management and policies of the Controlled Person, whether by contract or otherwise. A Person shall not be deemed to be a Controlling Person of
another Person solely by reason of such former Person beneficially owning voting equity securities of such latter Person representing less than 10% in voting power of all voting equity securities of such latter Person. 

“Affiliated Lender” shall mean a Lender that is any Person included in the definition of “Related Party” or
an Affiliate of the Borrower (other than the Borrower, any Subsidiary of the Borrower or a natural person).  

“Agent’s Fee Letters” shall mean, collectively, (a) the Agent’s Fee Letter dated as of March 20,
2014 between the Original Borrower and CGMI (as amended as of the 2014 Amendment Effective Date) and (b) the Agent’s Fee Letter dated as of March 20, 2014 between the Original Borrower and CS Securities.  

“Agreement” shall mean this Term Loan and Revolving Credit Agreement, as the same may from time to time be amended,
restated, modified or supplemented. 
 “All-in Yield” shall mean, with respect to any Indebtedness, the
average yield to stated maturity thereof based on the interest rate or rates applicable thereto and giving effect to all upfront or similar fees (other than arrangement, commitment, structuring, underwriting or other closing fees or expenses that
were not paid for the account of, or distributed to, all the lenders that advanced such Indebtedness) or original issue discount payable to the providers of such Indebtedness with respect thereto and to any “LIBOR floor” to the extent the
operation of such floor would increase the yield of such Indebtedness), in each case in connection with such Indebtedness; provided that original issue discount and upfront fees shall be equated to yield based on an assumed
four-year life to maturity. For purposes of determining the All-In Yield of any floating rate Indebtedness at any time, the rate of interest applicable to such Indebtedness at such time shall be assumed to be the rate applicable to such Indebtedness
at all times prior to maturity). 

  
 4 

 “Alternate Base Rate” shall mean, for any day, a rate per annum (rounded
to the nearest 1/100 of 1%) equal to the highest of (a) the applicable Prime Rate for such day, (b) the applicable Federal Funds Rate in effect on such day plus 1/2 of 1% and (c) the Adjusted LIBOR Rate for a Eurodollar Borrowing
having an Interest Period of one month plus 1.00% (with respect to Term Loans, after taking into account the “LIBOR floor” of 1.00%); provided that (x) with respect to Term Loans, the Adjusted LIBOR Rate for any
day shall be based on the rate determined on such day at approximately 11 a.m. (London time) by reference to the British Bankers’ Association Interest Settlement Rates for deposits in Dollars (as set forth by any service selected by the
applicable Term Administrative Agent that has been nominated by the British Bankers’ Association as an authorized vendor for the purpose of displaying such rates) and (y) if the applicable Term Administrative Agent shall have determined
(which determination shall be conclusive absent manifest error) that it is unable to ascertain the Federal Funds Rate for any reason, including the inability or failure of such Term Administrative Agent to obtain sufficient quotations in accordance
with the terms of the definition thereof, the Alternate Base Rate shall be determined without regard to clause (b) of the immediately preceding sentence until the circumstances giving rise to such inability no longer exist. Any change in the
Alternate Base Rate due to a change in the applicable Prime Rate, the applicable Federal Funds Rate or the Adjusted LIBOR Rate shall be effective on the effective date of such change in such Prime Rate, such Federal Funds Effective Rate or the
Adjusted LIBOR Rate, respectively. 
 “Alternative Currency” shall mean (i) Euros, (ii) Pounds
Sterling and (iii) any other currency (other than Dollars, Euros and Pounds Sterling) that the Revolving Administrative Agent and the applicable Fronting Bank shall agree in their discretion is an “Alternative Currency” for purposes
of this Agreement. 
 “ALTA” shall have the meaning set forth in Part II of Schedule 1.01F. 

“AM Finished Goods” shall mean Finished Goods, manufactured by a Loan Party for sale to an Account Debtor that is an
after-market retailer or distributor of goods of that kind, as determined by the Administrative Agent in its reasonable credit judgment. 

“Applicable Administrative Agent” shall mean (a) with respect to matters involving the Revolving Credit Facility,
the Revolving Credit Loans, the Revolving Credit Commitments, the Letters of Credit, the Revolving Credit Lenders, a Person’s Permitted Discretion, a Financial Covenant Default, the Borrowing Base (including, without limitation, any calculation
thereof and definition related thereto), the Borrowing Base Collateral, the Revolving Administrative Agent, (b) with respect to matters involving the Tranche B Term Loans, the Tranche B Commitments or with respect to the matters involving the
Term Facility, the Term Loans, the Term Commitments, the Term Loan Lenders or the PP&E Collateral, the Term Administrative Agents or (c) otherwise, the Revolving Administrative Agent or the Term Administrative Agents, or all of them acting
collectively, as the context may require.  
 “Applicable ECF Amount” shall have the meaning set forth in Section
2.16(c). 

  
 5 

 “Applicable Margin” shall mean: 

(a) with respect to Tranche B Term Loans, a rate per annum equal to (i) for Eurodollar Loans, 3.00% and (ii) for ABR Loans, 2.00%;

 (b) with respect to Tranche C Term Loans, a rate per annum equal to (i) for Eurodollar Loans, 3.75% and (ii) for ABR Loans,
2.75%; 
 (c) with respect to Revolving Credit Loans, a rate per annum determined in accordance with the Pricing Schedule; and 

(d) with respect to Commitment Fees payable with respect to the Total Revolving Credit Commitment, a rate per annum determined in accordance
with the Pricing Schedule. 
 “Approved Fund” shall mean, with respect to any Lender, any fund or other entity that
invests in bank loans and similar commercial extensions of credit and is managed or advised by (i) such Lender, (ii) an Affiliate of such Lender or (iii) an entity or an Affiliate of an entity that advises or manages such Lender.

 “Arrangers” shall mean, collectively (x) with respect to the Revolving Credit Facility, CGMI, CS
Securities and Wells Fargo Bank, N.A., acting in their capacity as joint lead arrangers and joint bookrunners and (y) with respect to the Term Facility, CGMI and CS Securities, acting in their capacity as joint lead arrangers and joint
bookrunners.  
 “Asset Sale” shall mean any Disposition of property or series of related Dispositions of
property excluding (a) any such Disposition permitted by any clause of Section 6.05 other than clause (g) and (b) any other Disposition or series of related Dispositions so long as the Net Cash Proceeds to all Group Members
therefrom (valued at the initial principal amount thereof in the case of non-cash proceeds consisting of notes or other debt securities and valued at fair market value in the case of other non-cash proceeds) do not exceed (x) $10,000,000 for
any single Disposition or series of related Dispositions and (y) $50,000,000 in any fiscal year for all Dispositions and series of related Dispositions excluded pursuant to subclause (x) of this clause (b). 

“Assignment and Acceptance” shall mean an assignment and acceptance entered into by a Lender and an Eligible Assignee,
and accepted by the Applicable Administrative Agent, substantially in the form of Exhibit A. 
 “Augmenting Lender”
shall have the meaning set forth in Section 2.28. 
 “Available Accounts Receivable” shall mean, at any time, the
product of (a) 0.85 and (b) the aggregate amount of Adjusted Eligible Accounts Receivable at such time. 

“Available AM Finished Goods” at any date of determination shall be equal to the product of (i) Eligible AM
Finished Goods multiplied by (ii) 85% of the Net Orderly Liquidation Rate in effect (based on the then most recent independent inventory appraisal) on such date of determination. 

  
 6 

 “Available Amount” shall mean the sum of (i) $150,000,000
plus (ii) 50% of Adjusted Consolidated Net Income for the period commencing on the first day of the fiscal quarter in which the 2014 Amendment Effective Date occurs and ending on the last day of the most recent fiscal
quarter for which financial statements shall have been delivered pursuant to Section 5.01 (treated for this purpose as a single accounting period) (or, if such Adjusted Consolidated Net Income for such period is in deficit, minus 100% of such
deficit) plus (iii) Equity Proceeds that are Not Otherwise Applied. 
 “Available
Goods-In-Transit” at any date of determination shall be equal to the product of (i) Eligible Goods-In-Transit multiplied by (ii) 50% of the Net Orderly Liquidation Rate in effect (based on the then most recent
independent inventory appraisal) on such date of determination. 
 “Available OE Finished Goods” at any date
of determination shall be equal to the product of (i) Eligible OE Finished Goods multiplied by (ii) 85% of the Net Orderly Liquidation Rate in effect (based on the then most recent independent inventory appraisal) on
such date of determination. 
 “Available Raw Materials” at any date of determination shall be equal to the
product of (i) Eligible Raw Materials multiplied by (ii) 85% of the Net Orderly Liquidation Rate in effect (based on the then most recent independent inventory appraisal) on such date of determination. 

“Available Work-In-Process” at any date of determination shall be equal to the product of (i) Eligible
Work-In-Process multiplied by (ii) 85% of the Net Orderly Liquidation Rate in effect (based on the then most recent independent inventory appraisal) on such date of determination. 

“Average Monthly Revolving Credit Facility Availability” shall mean, for any fiscal month, the average daily Revolving
Credit Facility Availability for such fiscal month. 
 “Bankruptcy Code” shall mean The Bankruptcy Reform Act
of 1978, as heretofore and hereafter amended, and codified as 11 U.S.C. Section 101 et seq. 

“Bankruptcy Event” shall mean, with respect to any Person, that such Person has become the subject of a bankruptcy or
insolvency proceeding, or has had a receiver, conservator, trustee, administrator, custodian, assignee for the benefit of creditors or similar Person charged with the reorganization or liquidation of its business appointed for it, or, in the good
faith determination of the Revolving Administrative Agent, has taken any action in furtherance of, or indicating its consent to, approval of or acquiescence in, any such proceeding or appointment; provided that a Bankruptcy
Event shall not result solely by virtue of any ownership interest, or the acquisition of any ownership interest, in such Person by a Governmental Authority; provided further that such ownership interest does not result in or
provide such Person with immunity from the jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Person (or such Governmental Authority) to reject, repudiate, disavow
or disaffirm any contracts or agreements made by such Person. 

  
 7 

 “BMG Cash Pooling Arrangement” shall mean the cash pooling arrangement
established pursuant to (i) the Cash Pooling Agreement dated as of October 1, 2001, between Federal Mogul Holding Deutschland GmbH, the other Foreign Subsidiaries of the Borrower party thereto from time to time and Bank Mendes Gans N.V.
and (ii) the Accession Agreement dated as of January 28, 2014, between Borrower, Federal Mogul Holding Deutschland GmbH and Bank Mendes Gans N.V., each as may be amended, restated, supplemented or otherwise modified from time to time.

 “Board” shall mean the Board of Governors of the Federal Reserve System of the United States. 

“Borrower” shall have the meaning set forth in the introductory paragraph to this Agreement. 

“Borrower Notice” shall have the meaning set forth in Section 3.15. 

“Borrower Substitution” shall have the meaning set forth in the recitals to this Agreement. 

“Borrowing” shall mean a Revolving Credit Borrowing or a Term Borrowing, as the context may require. 

“Borrowing Base” shall mean, at the time of any determination, an amount equal to the sum, without duplication, of
(a) 85% of Adjusted Eligible Accounts Receivable; provided that, at the time of determination, the portion of such amount calculated under this clause (a) that is attributable to Long Dated Accounts Receivable shall not exceed
$200,000,000 plus (b) Available Raw Materials, plus (c) Available OE Finished Goods, plus (d) Available AM Finished Goods, plus (e) Available Goods-In-Transit, plus (f) Available
Work-In-Process minus (g) the Designated Hedging Obligations Reserve minus (h) the Secured Cash Management Obligations Reserve. The Borrowing Base at any time shall be determined by reference to the most recent Borrowing Base
Certificate delivered to the Revolving Administrative Agent pursuant to Section 5.12 of this Agreement; provided that the Designated Hedging Obligations Reserve and the Secured Cash Management Obligations Reserve shall be determined and shall
be applicable as set forth in Section 8.11. Subject to the limitations and requirements set forth in Section 9.10 of this Agreement, standards of eligibility and reserves and advance rates of the Borrowing Base may be revised and adjusted
from time to time by the Revolving Administrative Agent in its Permitted Discretion, with any changes in such standards to be effective three (3) Business Days after delivery of notice thereof to the Borrower. No reserve established by the
Revolving Administrative Agent pursuant to this definition or any component definition thereof shall reserve against any (x) Hedging Agreement or any Hedging Obligation thereunder (other than the Designated Hedging Obligations Reserve) or
(y) Cash Management Agreement or any Cash Management Obligation thereunder (other than the Secured Cash Management Obligations Reserve). 

“Borrowing Base Addition Amount” shall mean, with respect to each Permitted Acquisition, an amount equal to the
increase in the Borrowing Base that results from giving effect to the consummation of such Acquisition on a Pro Forma Basis, as determined in consultation with the Revolving Administrative Agent based on internal audits or inventory appraisals
performed by an independent inventory appraisal firm reasonably satisfactory to the  

  
 8 

 
Revolving Administrative Agent; provided that, such increase to the Borrowing Base shall be calculated based on the highest level of inventory, accounts receivables and other borrowing base
components determined on any date within the twelve months preceding such Permitted Acquisition if the Borrower shall have delivered to the Revolving Administrative Agent such information as the Revolving Administrative Agent shall reasonably
request to demonstrate such inventory, accounts receivables and other borrowing base components on such date. 
 “Borrowing
Base Certificate” shall mean a certificate substantially in the form of Exhibit B (with such changes therein as may be required by the Revolving Administrative Agent from time to time to reflect the components of and reserves against the
Borrowing Base as provided for hereunder from time to time), executed and certified as accurate and complete by a Financial Officer, which shall include appropriate exhibits, schedules and supporting documentation, and additional reports (i) as
outlined in Exhibit B, (ii) as requested by the Revolving Administrative Agent, or (iii) as provided in Section 5.12. 

“Borrowing Base Collateral” shall mean Accounts, Inventory and the proceeds thereof. 

“Borrowing Base Priority Obligations” shall have the meaning set forth in the ABL Intercreditor Agreement. 

“Business Day” shall mean any day other than a Saturday, Sunday or other day on which banks in the State
of New York are required or permitted to close (and, for a Letter of Credit, any day other than a day on which the applicable Fronting Bank issuing such Letter of Credit is closed); provided, however, that when used in connection with a
Eurodollar Loan, the term “Business Day” shall also exclude any day on which banks are not open for dealings in dollar deposits on the London interbank market. 

“Business Segmentation Restructuring Plan” shall mean the actions intended to accomplish the legal separation of the
Borrower’s original equipment and aftermarket businesses, including (a) the transactions and steps set forth in Schedule 1.01A and (b) any additional transactions to so restructure the Borrower’s operations after the 2013
Amendment Effective Date that the Borrower determines in good faith to be necessary or desirable to effect such plan, so long as (i) the Borrower shall have provided all information relating to such additional transactions under clause
(b) of this definition as the Administrative Agents shall have reasonably requested and (ii) in the case of the transactions described in clauses (a) and (b), the consummation of such transactions shall not have an impact that is
material and adverse on the structure or the value of the Collateral, as determined by each Administrative Agent in its commercially reasonable judgment, exercised in good faith in accordance with customary business practices. 

“Calculation Date” shall mean (i) each day on which a Revolving Credit Borrowing is proposed to be made,
(ii) each day on which an Letter of Credit is proposed to be issued, (iii) each day on which a draft is drawn under an Letter of Credit, (iv) any date on which the Total Revolving Credit Usage exceeds 85% of the lesser of (x) the
Total Revolving Credit Commitment and (y) the Borrowing Base, and (v) the last calendar day of each month. 

“Canadian Dollars” shall mean lawful currency of the Dominion of Canada. 

  
 9 

 “Capital Expenditures” shall mean, for any period, with respect to any
Person, the amount of all expenditures by such Person and its Subsidiaries during such period that are capital expenditures as determined in accordance with GAAP, whether such expenditures are paid in cash or financed, but excluding, without
duplication, (a) with respect to the purchase price of assets that are purchased substantially contemporaneously with the trade-in of existing assets during such period, the amount that the gross amount of such purchase price is reduced by the
credit granted by the seller of such assets for the assets being traded in at such time, (b) expenditures made during such period to consummate one or more Permitted Acquisitions, (c) expenditures made during such period to the extent made
with the identifiable proceeds of an equity investment in the Borrower or any of its Restricted Subsidiaries by any Permitted Holder (other than a Specified Equity Contribution) and (d) expenditures during such period that, pursuant to a
written agreement, are reimbursed by a third Person (excluding the Borrower or any of its Affiliates). 
 “Capital
Lease Obligations” shall mean, as to any Person, the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which
obligations are required to be classified and accounted for as capital leases on a balance sheet of such Person under GAAP and, for the purposes of this Agreement, the amount of such obligations at any time shall be the capitalized amount thereof at
such time determined in accordance with GAAP.  
 “Capital Stock” shall mean any and all shares, interests,
participations or other equivalents (however designated) of capital stock of a corporation, any and all equivalent ownership interests in a Person (other than a corporation) and any and all warrants, rights or options to purchase any of the
foregoing. 
 “Cash Equivalents” shall mean (a) marketable direct obligations issued by, or
unconditionally guaranteed by, the United States Government or issued by any agency thereof and backed by the full faith and credit of the United States, in each case maturing within one year from the date of acquisition; (b) certificates of
deposit, time deposits, eurodollar time deposits or overnight bank deposits having maturities of one year or less from the date of acquisition issued by any Lender or by any commercial bank organized under the laws of the United States or any state
thereof having combined capital and surplus of not less than $500,000,000; (c) commercial paper of an issuer rated at least A-1 by S&P or P-1 by Moody’s, or carrying an equivalent rating by a nationally recognized rating agency, and
maturing within one year from the date of acquisition; (d) repurchase obligations of any Lender or of any commercial bank satisfying the requirements of clause (b) of this definition, having a term of not more than 30 days, with respect to
securities issued or fully guaranteed or insured by the United States government; (e) securities with maturities of one year or less from the date of acquisition issued or fully guaranteed by any state, commonwealth or territory of the United
States, by any political subdivision or taxing authority of any such state, commonwealth or territory or by any foreign government, the securities of which state, commonwealth, territory, political subdivision, taxing authority or foreign government
(as the case may be) are rated at least A by S&P or A by Moody’s; (f) securities with maturities of one year or less from the date of acquisition backed by standby letters of credit issued by any Lender or any commercial bank
satisfying the requirements of clause (b) of this definition; (g) money market mutual or similar funds that invest exclusively in assets satisfying the requirements of any of clauses (a) through (f) of this 

  
 10 

 
definition; (h) money market funds that (i) comply with the criteria set forth in SEC Rule 2a-7 under the Investment Company Act of 1940, as amended, (ii) are rated AAA by S&P
and Aaa by Moody’s and (iii) have portfolio assets of at least $5,000,000,000; (i) debt securities of an issuer rated at least A-1 by S&P or P-1 by Moody’s, or carrying an equivalent rating by a nationally recognized rating
agency and (j) solely with respect to any Foreign Subsidiary, in addition to the investments described in clauses (a) through (i), any investment of the type described in clause (a) issued or unconditionally guaranteed by any
government of any country in which such Foreign Subsidiary conducts any operations, any investment of the type described in clause (b) issued by any commercial bank organized under the laws of any country in which such Foreign Subsidiary
conducts any operations, any investment of the type described in clause (c) or clause (e) that has ratings issued by any internationally recognized rating agency equivalent to those set forth in such clause and any investment of the type
described in clause (g) that satisfies the requirements of any of the other investments described in this clause (j). 
 “Cash
Management Agreement” means any agreement creating or governing the terms of any Cash Management Obligations. 
 “Cash
Management Bank” shall have the meaning set forth in Section 8.11(a). 
 “Cash Management Obligations” shall have
the meaning set forth in the ABL Intercreditor Agreement. 
 “CGMI” shall mean Citigroup Global Markets Inc., and its
successors. 
 “Change of Control” shall mean: 

(a) at any time any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”)) other than Permitted Holders shall become the “beneficial owner” (as defined in Rules 13(d)-3 and 13(d)-5 under the Exchange Act), directly or indirectly, of more than
50% of the aggregate outstanding Common Stock;  
 (b) at any time during which IEH FM Holdings LLC holds any Common Stock,
(i) the aggregate amount of Common Stock held by IEH FM Holdings LLC shall be less than 66 2/3% of the aggregate amount of Common Stock held by IEH FM Holdings LLC on the 2014 Amendment Effective Date and (ii) a person or group (other
than Permitted Holders) shall be the beneficial owner of at least 35% of the aggregate outstanding Common Stock; or 
 (c) at any time
(i) the majority of the seats on the board of directors of the Borrower is occupied by Persons who were neither (x) nominated or appointed by the board of directors of the Borrower as of the 2014 Amendment Effective Date nor
(y) appointed or nominated by directors described in clause (x) and (ii) a person or group (other than Permitted Holders) shall be the beneficial owner of at least 35% of the aggregate outstanding Common Stock. 

For the avoidance of doubt, in no event shall any direct or indirect transfer of any Common Stock or any other Capital Stock of the Borrower, by IEH FM
Holdings LLC or any of its Affiliates to any Affiliate of IEH FM Holdings LLC or to IEH FM Holdings LLC, give rise to or be deemed a “Change of Control” hereunder. 

  
 11 

 “Citibank” shall mean Citibank, N.A., a national banking association, and its
successors. 
 “Class” (a) when used with respect to Lenders, shall refer to whether such Lenders are Term Loan
Lenders or Revolving Credit Lenders (and in the case of Term Loan Lenders, shall refer to the class of Term Loans held by such Term Loan Lenders), (b) when used with respect to Commitments, shall refer to whether such Commitments are Tranche B
Commitments, Tranche C Commitments, Incremental Term Commitments (of a class), Other Term Loans (of a class), Refinancing Term Loans (of a class) or Revolving Credit Commitments and (c) when used with respect to Loans or a Borrowing, shall
refer to whether such Loans, or the Loans comprising such Borrowing, are Tranche B Term Loans, Tranche C Term Loans, Incremental Term Loans (of a class), Other Term Loans (of a class), Refinancing Term Loans (of a Class) or Revolving Credit
Loans. 
 “Class Percentage” shall mean at any time (a) when used with respect to any Tranche B Lender,
the percentage obtained by dividing (x) the aggregate outstanding principal amount of such Tranche B Lender’s Tranche B Term Loans at such time by (y) the aggregate outstanding principal amount of all Tranche B Term Loans at such
time, (b) when used with respect to any Tranche C Lender, the percentage obtained by dividing (x) the aggregate outstanding principal amount of such Tranche C Lender’s Tranche C Term Loans at such time by (y) the aggregate
outstanding principal amount of all Tranche C Term Loans at such time, and (c) when used with respect to any Revolving Credit Lender, the percentage obtained by dividing such Revolving Credit Lender’s Revolving Credit Commitment at such
time by the Total Revolving Credit Commitment at such time; provided that, in the case of Section 2.29, when a Defaulting Revolving Lender shall exist, “Class Percentage” shall mean, at any time with respect to
any Revolving Credit Lender, the percentage of the Total Revolving Credit Commitment (disregarding any Defaulting Revolving Lender’s Revolving Credit Commitment) represented by such Lender’s Revolving Credit Commitment. If the Total
Revolving Credit Commitment has been terminated, the Class Percentage shall be determined by dividing the sum of such Revolving Credit Lender’s outstanding principal amount of Revolving Credit Loans, aggregate amount of participations in Letter
of Credit Outstandings by the Total Revolving Credit Usage, in each case at such time, but disregarding any of the foregoing held by Defaulting Revolving Lenders. 

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

“Collateral” shall mean all property of the Loan Parties, now owned or hereafter acquired, upon which a Lien is
purported to be created by any Security Document. 
 “Collateral Agreement” shall mean the Amended and
Restated Collateral Agreement among the Loan Parties and the Collateral Trustee, substantially in the form of Exhibit C. 

“Collateral Trustee” shall mean Citibank, in its capacity as collateral agent under the Collateral Trust Agreement,
together with any of its successors and assigns. 
 “Collateral Trust Agreement” shall mean the Amended and
Restated Collateral Trust Agreement among the Loan Parties, the Collateral Trustee, the Revolving Administrative Agent, as First Priority Representative (as defined in the ABL Intercreditor Agreement) and the Term Administrative Agents, as First
Priority Representatives (as defined in the ABL Intercreditor Agreement), substantially in the form of Exhibit D. 

  
 12 

 “Commitment” shall mean a Term Loan Commitment or a Revolving Credit Commitment.

 “Commitment Fee” shall have the meaning set forth in Section 2.23(a). 

“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. 
 “Common Stock” shall mean the Common Stock, par value $0.01 of the Borrower.

 “Commonly Controlled Entity” shall mean an entity, whether or not incorporated, that is under common control with
the Borrower within the meaning of Section 4001 of ERISA or is part of a group that includes the Borrower and that is treated as a single employer under Section 414 of the Code. 

“Communications” shall have the meaning set forth in Section 5.02. 

“Compliance Certificate” shall mean a certificate duly executed by a Responsible Officer substantially in the form of
Exhibit E. 
 “Concentration Account” shall have the meaning set forth in Section 5.10. 

“Connection Income Taxes” shall mean Other Connection Taxes that are imposed on or measured by net income (however
denominated) or that are franchise Taxes or branch profits Taxes.  
 “Consolidated Amortization” shall mean,
for any period, the aggregate amount of scheduled payments required to be made during such period on account of principal of Indebtedness of Group Members (including, scheduled principal payments in respect of the Term Loans and payments of
revolving loans accompanying scheduled reductions of the corresponding commitments, but excluding, (x) any scheduled principal payments in respect of Specified Indebtedness, and (y) any final scheduled principal payment in respect of
Indebtedness (other than Specified Indebtedness); provided that, for purposes of calculating Consolidated Amortization for any period of four fiscal quarters which includes the final scheduled principal payment of any such
Indebtedness, Consolidated Amortization shall be deemed to include an amount equal to the scheduled principal payment immediately preceding such date of final scheduled principal payment in lieu of the final scheduled principal payment). 

“Consolidated Assets” shall mean, at any time, all amounts which would be included under total assets on a
consolidated balance sheet of the Group Members, determined in accordance with GAAP. 
 “Consolidated EBITDA”
shall mean, for any period Consolidated Net Income for such period (a) plus, without duplication and to the extent reflected as a charge in the statement of such Consolidated Net Income for such period, the sum of
(i) interest expense, (ii) consolidated  

  
 13 

 
tax expense for such period based on income, profits or capital, including state, franchise, capital and similar taxes and withholding taxes paid or accrued during such period,
(iii) depreciation expense, (iv) amortization expense, (v) other non-cash items (other than accruals or items expected to be a cash charge in a future period and excluding any such non-cash charge in respect of any item that was
included in Consolidated Net Income in a prior period and any such charge that results from the write-down or write-off of inventory), (vi) expenses or losses resulting from LIFO adjustments for inventory valuation in accordance with GAAP,
(vii) extraordinary losses, (viii) unusual or non-recurring items, restructuring charges or expenses (whether or not classified as restructuring charges or expenses under GAAP) and other business optimization expenses, including, those
relating to retention, severance, systems establishment costs, excess pension charges, contract termination costs (including future lease commitments), costs related to relocation of employees or to closure or consolidation of facilities or
locations and earnout payments; provided that the aggregate amount of add-backs incurred under this clause (viii) shall not exceed 15% of Consolidated EBITDA (prior to giving effect to any such add-backs) for any four (4) fiscal
quarter period, (ix) charges and expenses incurred in connection with the issuance, redemption, repurchase, repayment, refinancing, defeasance or amendments to the terms of, Capital Stock or Indebtedness, (x) the cumulative effect of any
changes in accounting principles, as shown on the Borrower’s consolidated statement of income for such period, including, expenses, charges and losses due to the effects of purchase accounting, as set forth in the Statement of Financial
Accounting Standards 141(R), Business Combinations, (xi) non-cash stock-based compensation expense for such period (including any non-cash compensation expense resulting from the application of Financial Accounting Standards Board ASC Topic
718), (xii) any pension expense in respect of defined benefit plans, (xiii) [reserved], (xiv) costs, fees and expenses associated with the transactions contemplated by the 2013 Revolving Facility Amendment Agreement, the 2014
Revolving Facility Amendment Agreement or this Agreement, (xv) costs, fees and expenses incurred in connection with any contemplated or consummated Permitted Acquisition, disposition or other investment, in each case whether or not consummated,
(xvi) management, consultant or advisory fees and expenses, in an amount not to exceed $1,000,000 in any fiscal year of the Borrower, (xvii) cash expenses incurred during such period in connection with casualty events (including, without
limitation, property casualty events) to the extent such expenses are covered by insurance under which the insurer has been properly notified and has not denied or contested coverage, expenses with respect to liability events or casualty events and
(xviii) proceeds of business interruption insurance, in an amount actually received during such period (or prior to the earlier of (x) the date on which financial statements have been delivered for the most recently ended fiscal quarter in
such period and (y) the date for which financial statements are required to have been delivered for the most recently ended fiscal quarter in such period, in each case in accordance with the terms of this Agreement); and (b) minus,
to the extent included in the statement of such Consolidated Net Income for such period, the sum of (i) interest income, (ii) extraordinary, non-recurring or unusual gains, (iii) any income tax credits (to the extent not netted from
income tax expense), (iv) any income resulting from LIFO adjustments or inventory valuation in accordance with GAAP, (v) any pension income and gains in respect of defined benefit plans and (vi) any other non-cash income or gains, all
as determined on a consolidated basis. 
 For the purposes of calculating Consolidated EBITDA for any period, (a) the
Consolidated EBITDA attributable to any Capital Stock of, or any assets comprising a division or business unit or a substantial part of all of the business of, a Restricted Subsidiary of the 

  
 14 

 
Borrower Disposed of during such period shall be excluded from the calculation of Consolidated EBITDA as if such Disposition and the repayment of any Indebtedness in connection therewith occurred
on the first day of such period and (b) the Consolidated EBITDA attributable to any Person, division or business unit acquired by the Borrower or any Restricted Subsidiary pursuant to an acquisition permitted hereunder during such period shall
be included in the calculation of Consolidated EBITDA on a Pro Forma Basis. 
 “Consolidated Interest Coverage
Ratio” shall mean, on the last day of any fiscal quarter of the Borrower, the ratio of (a) Consolidated EBITDA for the period of four fiscal quarters ending on such day, to (b) Consolidated Interest Expense for the period of four
fiscal quarters ending on such day. 
 “Consolidated Interest Expense” shall mean, for any period, the
consolidated cash interest expense of the Group Members for such period (but excluding any such interest expense in respect of Specified Indebtedness and any upfront fees paid with respect to the debt financings evidenced by this Agreement),
determined on a consolidated basis in accordance with GAAP, less interest income. 
 “Consolidated Net
Income” shall mean, for any period, the consolidated net income (or loss) of the Group Members, determined on a consolidated basis in accordance with GAAP; provided that there shall be excluded (a) the income (or
loss) of any Restricted Subsidiary accrued prior to the date it becomes a Restricted Subsidiary or is merged into or consolidated with any Group Member and (b) any non-cash gains in respect of “cancellation of indebtedness” resulting
from the cancellation of any Term Loans purchased by or contributed to the Borrower or any of its Subsidiaries pursuant to Section 9.03(g). 

“Consolidated Senior Debt” shall mean all Consolidated Total Debt other than Permitted Subordinated Indebtedness. 

“Consolidated Total Debt” shall mean, at any date, the aggregate principal amount of all Indebtedness of the Group
Members at such date, determined on a consolidated basis minus Specified Indebtedness. 
 “Contra
Reserve” shall mean, at any date, a reserve determined in the Revolving Administrative Agent’s Permitted Discretion, based upon the estimated amount of Accounts wherein the Account Debtor (i) is a creditor of a Loan Party,
(ii) has, has asserted or is reasonably expected to assert a right of set-off against a Loan Party or (iii) has disputed or is reasonably expected to dispute its liability (whether by chargeback or otherwise) or made, or is reasonably
expected to make any claim with respect to the Account or any other Account of a Loan Party which has not been resolved, in each case, without duplication, to the extent of the amount owed by such Loan Party to the Account Debtor, the amount of such
actual or asserted right of set-off, or the amount of such dispute or claim, as the case may be. 
 “Contractual
Obligation” shall mean, as to any Person, any provision of any security issued by such Person or of any agreement, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound (excluding the
Loan Documents); provided that such security, agreement, instrument or undertaking requires aggregate payments by such Person of at least $75,000,000 pursuant to the terms thereof. 

  
 15 

 “Credit Suisse AG” shall mean Credit Suisse AG, Cayman Islands Branch
acting through such branches and affiliates as it shall deem appropriate to provide the services contemplated hereunder, and its successors. 

“CS Securities” shall mean Credit Suisse Securities (USA) LLC, and its successors. 

“Cure Right” shall have the meaning set forth in Section 7.02. 

“Current Assets” shall mean, at any time, the consolidated current assets (other than cash, deferred taxes and Cash
Equivalents) of the Group Members. 
 “Current Liabilities” shall mean, at any time, the consolidated current
liabilities of the Group Members at such time, but excluding, without duplication, (a) the current portion of any long term Indebtedness, (b) outstanding Revolving Credit Loans and (c) deferred taxes. 

“Debtor Relief Laws” shall mean the Bankruptcy Code and all other liquidation, conservatorship, bankruptcy, assignment
for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief laws of the United States or other applicable jurisdictions from time to time in effect. 

“Default” shall mean any of the events specified in Article VII, whether or not any requirement for the giving of
notice, the lapse of time, or both, has been satisfied. 
 “Defaulting Revolving Lender” shall mean (subject
to Section 2.29) any Revolving Credit Lender that (a) has failed, within two Business Days of the date required to be funded or paid, to (i) fund any portion of its Loans or (ii) fund any portion of its participations in Letters
of Credit or pay over any other amount required to be paid by it hereunder, unless, in the case of clause (i) above, such Revolving Credit Lender notifies the Revolving Administrative Agent in writing that such failure is the result of such
Revolving Credit Lender’s good faith determination that a condition precedent to funding (specifically identified in such writing, including, if applicable, by reference to a specific Default) has not been satisfied, (b) has notified any
Loan Party, the Revolving Administrative Agent or a Fronting Bank in writing, or has made a public statement to the effect, that it does not intend or expect to comply with any of its funding obligations under this Agreement (unless such writing or
public statement indicates that such position is based on such Revolving Credit Lender’s good faith determination that a condition precedent to funding (specifically identified in such writing, including, if applicable, by reference to a
specific Default) cannot be satisfied) or generally under other agreements in which it commits to extend credit, (c) has failed, within three Business Days after request by a Loan Party or the Revolving Administrative Agent to provide a
certification in writing from an authorized officer of such Revolving Credit Lender that it will comply with its obligations to fund prospective Loans and participations in then outstanding Letters of Credit; provided that such
Revolving Credit Lender shall cease to be a Defaulting Revolving Lender pursuant to this clause (c) upon such Loan Party’s and the Revolving Administrative Agent’s receipt of such certification in form and substance satisfactory to
each of them or (d) has, or has a direct or indirect parent company that has, become the subject of a Bankruptcy Event. Any determination  

  
 16 

 
by the Revolving Administrative Agent that a Revolving Credit Lender is a Defaulting Revolving Lender under any one or more of clauses (a) through (d) above shall be conclusive and
binding absent manifest error, and such Revolving Credit Lender shall be deemed to be a Defaulting Revolving Lender (subject to Section 2.29) upon delivery of written notice of such determination to the Borrower, the Fronting Banks and each
other Lender. 
 “Designated Cash Management Agreement” shall have the meaning set forth in Section 8.11(a). 

“Designated Hedging Agreement” shall have the meaning set forth in Section 8.11(a). 

“Designated Hedging Counterparty” shall have the meaning set forth in Section 8.11(a). 

“Designated Hedging Obligations Reserve” shall have the meaning set forth in Section 8.11(c). 

“Designation Notice” shall have the meaning set forth in Section 8.11(a). 

“Designation Termination Notice” shall have the meaning set forth in Section 8.11(e). 

“Dilution Factors” shall mean, without duplication, and excluding any items included in the Rebate Reserve, with
respect to any period, the aggregate amount of all deductions, credit memos, returns, adjustments, allowances, bad debt write-offs and other non-cash credits which are recorded to reduce accounts receivable in a manner consistent with current and
historical accounting practices of the Loan Parties. 
 “Dilution Ratio” shall mean, at any date, the amount
(expressed as a percentage) equal to (a) the aggregate amount of the applicable Dilution Factors for the twelve (12) most recently ended fiscal months divided by (b) total gross sales for the twelve (12) most recently
ended fiscal months or such other amount as may be determined by the Revolving Administrative Agent in its Permitted Discretion in the event the Loan Parties are unable to calculate dilution effectively in the manner contemplated. 

“Dilution Reserve” shall mean, at any date, the product of (i) the applicable Dilution Ratio minus 5% (which
amount shall not be less than zero) multiplied by (ii) the Eligible Accounts Receivable on such date. 

“Disposition” shall mean, with respect to any property, any sale, lease, sale and leaseback, assignment, conveyance,
transfer or other disposition thereof. The terms “Dispose” and “Disposed of” shall have correlative meanings. 

“Disqualified Stock” shall mean any Capital Stock that, by its terms (or by the terms of any security or other Capital Stock
into which it is convertible or for which it is exchangeable), or upon the happening of any event or condition (a) matures or is mandatorily redeemable (other than solely for Qualified Capital Stock), pursuant to a sinking fund obligation or
otherwise, (b) is redeemable at the option of the holder thereof (other than solely for Qualified Capital Stock), in whole or in part, (c) provides for the scheduled payments of dividends in cash or (d) is or becomes convertible into
or exchangeable for Indebtedness or any other Capital Stock that would constitute Disqualified Stock, in each case, prior to the date that is ninety-one (91) days after the then Latest Maturity Date. 

  
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 “Dollar Equivalent” shall mean on any date (i) with respect to the
undrawn stated amount of any Letter of Credit that is denominated in Dollars, the undrawn stated amount thereof, (ii) with respect to the undrawn stated amount of any Letter of Credit that is denominated in an Alternative Currency, the
equivalent of such amount in Dollars determined at the Exchange Rate, (iii) with respect to the drawn and unreimbursed amounts under any Letter of Credit that is denominated in Dollars, the drawn and unreimbursed amounts thereof and
(iv) with respect to the drawn and unreimbursed amounts under any Letter of Credit that is denominated in an Alternative Currency, the equivalent of such drawn and unreimbursed amounts in Dollars determined at the Exchange Rate, in each case as
of the most recent Calculation Date occurring on or prior to such date. 
 “Dollars” and “$” shall
mean lawful money of the United States. 
 “Domestic Restricted Subsidiary” shall mean any Domestic Subsidiary that is a
Restricted Subsidiary. 
 “Domestic Subsidiary” shall mean any Subsidiary incorporated, organized or formed under
the laws of any jurisdiction of the United States. 
 “Domestic Subsidiary Guarantee” shall mean the Amended
and Restated Domestic Subsidiary Guarantee to be executed and delivered by each Guarantor that is a Domestic Subsidiary (other than the Non-Guarantor Domestic Subsidiaries), substantially in the form of Exhibit F. 

“ECF Prepayment Percentage” shall mean, with respect to the Excess Cash Flow for any fiscal year of the Borrower
commencing with the first full fiscal year following the 2014 Amendment Effective Date, (a) 50%, if the Total Net Secured Leverage Ratio as of the last day of such fiscal year is greater than or equal to 3.25 to 1.00, (b) 25%, if the Total
Net Secured Leverage Ratio as of the last day of such fiscal year is less than 3.25 to 1.00, but greater than or equal to 3.00 to 1.00 and (c) 0%, if the Total Net Secured Leverage Ratio as of the last day of such fiscal year is less than 3.00
to 1.00. 
 “Eligible Accounts Receivable” shall mean, at the time of any determination thereof, each Account
of a Loan Party that satisfies the following criteria at the time of creation and continues to meet the same at the time of such determination: such Account (i) has been invoiced to, and represents the bona fide amounts due to any Loan Party
from, the purchaser of goods or services, in each case originated in the ordinary course of business of such Loan Party, (ii) in each case is subject to the Loan Parties’ corporate accounts receivable credit and collection policies,
procedures and practices and (iii) is not ineligible for inclusion in the calculation of the Borrowing Base pursuant to any of clauses (a) through (r) below or otherwise deemed by the Revolving Administrative Agent in its Permitted
Discretion to be ineligible for inclusion in the calculation of the Borrowing Base as described below. In computing the amount of Eligible Accounts Receivable, an amount equal to the Contra Reserve and the Rebate Reserve shall be 

  
 18 

 
subtracted. Non-Core Accounts Receivable shall not constitute Eligible Accounts Receivable. Without limiting the foregoing, to qualify as Eligible Accounts Receivable, an Account shall indicate
no Person other than a Loan Party as payee or remittance party. In determining the amount to be so included, the face amount of an Account shall be reduced by, without duplication, to the extent not reflected in such face amount, (i) the amount
of all accrued and actual discounts, claims, credits or credits pending, promotional program allowances, price adjustments, finance charges or other allowances (including any amount that the Loan Parties, as applicable, may be obligated to rebate to
a customer pursuant to the terms of any agreement or understanding (written or oral)), (ii) the aggregate amount of all limits and deductions provided for in this definition and elsewhere in this Agreement and (iii) the aggregate amount of
all cash received in respect of such Account but not yet applied by the Loan Parties to reduce the amount of such Account. Unless otherwise approved from time to time in writing by the Revolving Administrative Agent (subject to the limitations and
requirements set forth in Section 9.10), no Account shall be an Eligible Account Receivable if, without duplication: 
 (a) the relevant
Loan Party does not have sole lawful and absolute title to such Account; or 
 (b) (i) except for Long Dated Accounts Receivable and Accounts
subject to the Extended Terms Eligible Amount, it is unpaid more than ninety (90) days from the original date of invoice or sixty (60) days from the original due date, (ii) in the case of a Long Dated Account Receivable, such Account
is overdue or (iii) it has been written off the books of the Loan Parties or has been otherwise designated on such books as uncollectible; or 

(c) more than 50% in face amount of all Accounts of the same Account Debtor are ineligible pursuant to clause (b) above; or 

(d) the Account Debtor is insolvent or the subject of any bankruptcy case or insolvency proceeding of any kind or is of uncertain credit
quality, as determined by the Revolving Administrative Agent in its Permitted Discretion; or 
 (e) the Account is not payable in Dollars or
Canadian Dollars or the Account Debtor is either not organized under the laws of the United States or Canada, any State or Province thereof, or the District of Columbia or is located outside or has its principal place of business or substantially
all of its assets outside the United States or Canada, except to the extent the Account is supported by an irrevocable letter of credit reasonably satisfactory to the Revolving Administrative Agent (as to form, substance and issuer) and assigned to
and directly drawable by the Revolving Administrative Agent; provided, however, that Accounts not to exceed $30,000,000 at any time outstanding may be eligible despite the fact that the Account Debtor is not organized under the laws of the United
States or Canada, any State or Province thereof or the District of Columbia, or is located, has its principal place of business or has substantially all of its assets outside the United States or Canada, and no letter of credit has been issued to
support such Accounts; or 
 (f) the Account Debtor is the United States or any department, agency or instrumentality thereof, unless the
relevant Loan Party duly assigns its rights to payment of such Account to the Revolving Administrative Agent pursuant to the Assignment of Claims Act of 1940, as amended, which assignment and related documents and filings shall be in form and
substance satisfactory to the Revolving Administrative Agent; or 

  
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 (g) the Account is supported by a security deposit (to the extent received from the applicable
Account Debtor), progress payment, retainage or other similar advance made by or for the benefit of the applicable Account Debtor, in each case to the extent thereof; or 

(h) (i) it is not subject to a valid and perfected first priority Lien in favor of the Revolving Administrative Agent for the benefit of the
Lenders, subject to no other Liens other than Liens permitted by Section 6.03 or (ii) it does not otherwise conform in all material respects to the representations and warranties contained in the Loan Documents relating to Accounts; or

 (i) such Account was invoiced in advance of goods or services provided, or twice, or the income associated with such Account has not been
earned; or 
 (j) such Account is classified as a note receivable by the Loan Parties in accordance with the Loan Parties’ current and
historical practices; or 
 (k) the sale to the Account Debtor is on a bill-and-hold, guaranteed sale, sale-and-return, ship-and-return, sale
on approval or consignment or other similar basis or made pursuant to any other written agreement providing for repurchase or return of any merchandise which has been claimed to be defective or otherwise unsatisfactory; or 

(l) the Account represents a progress-billing or otherwise does not represent a completed sale; or 

(m) the Account Debtor is an Affiliate (other than an Eligible Affiliate) of any of the Loan Parties; or 

(n) such Account was not paid in full, and the Loan Party created a new receivable for the unpaid portion of the Account, without the agreement
of the customer, and other Accounts constituting chargebacks, debit memos and other adjustments for unauthorized deductions; or 
 (o) the
Account is due and payable more than one year from the original date of invoice; or 
 (p) the Account is created on cash on delivery terms;
or 
 (q) the Account does not comply in all material respects with the requirements of all applicable laws and regulations, whether Federal,
state or local; or 
 (r) as to all or any part of such Account, a check, promissory note, draft, trade acceptance of other instrument for
the payment of money has been received, presented for payment and returned uncollected for any reason. 

  
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 Notwithstanding the foregoing, all Accounts of any single Account Debtor and its Affiliates
which, in the aggregate exceed (i) 20%, in respect of Account Debtors that are Investment Grade Entities, or (ii) 10%, in respect of all other Account Debtors, of the total amount of all Eligible Accounts Receivable at the time of any
determination shall be deemed not to be Eligible Accounts Receivable to the extent of such excess. In determining the aggregate amount of Accounts from the same Account Debtor that are unpaid more than ninety (90) days from the date of invoice
or more than sixty (60) days from the due date pursuant to clause (b) above, there shall be excluded the amount of any net credit balances relating to Accounts with invoice dates more than ninety (90) days prior to the date of
determination or more than sixty (60) days from the due date. Furthermore, no Account shall be an Eligible Account Receivable if it is for goods that have been sold under a purchase order or pursuant to the terms of a contract or other
agreement or understanding (written or oral) that indicates that any Person other than a Loan Party has or has had or has purported to have or have had an ownership interest in such goods. 

For purposes of this definition, a Long Dated Account Receivable shall constitute an Eligible Account Receivable (a) only on and
after the date (such date, the “Eligibility Date”) that is one hundred eighty (180) days prior to the due date of such Account and (b) only if, on and after the Eligibility Date for such Account, the Long Dated Accounts
Receivable Customer for such Account is an Investment Grade Entity; provided, however, that if, after the Eligibility Date for such Account, the Long Dated Accounts Receivable Customer for such Account
ceases to be an Investment Grade Entity, but is rated at least B2 by Moody’s (or the then equivalent) or B from S&P (or the then equivalent), then such Account shall continue to be included in Eligible Accounts Receivable until the date
that is 90 days after the public announcement of such Long Dated Accounts Receivable Customer ceasing to be an Investment Grade Entity. 

“Eligible Affiliate” shall mean any Affiliate of any of the Loan Parties, provided that
(a) the Group Members, individually or in the aggregate, do not own, control or hold, directly or indirectly, Capital Stock in such Affiliate representing 50% or more of the equity or 50% or more of the voting power, or, in the case of a
partnership, 50% of the general or limited partnership interests of such Affiliate, (b) the accounts of such Affiliate are not consolidated with those of the Borrower in the Borrower’s consolidated financial statements (and are not
required to be so consolidated in accordance with GAAP) and (c) each Account due to any Loan Party from such Affiliate requires payment for the goods sold or leased or the services rendered in the ordinary course of business to such Affiliate
in cash and on terms that are no less favorable to such Loan Party than those that could be obtained at such time in arm’s length dealings with a Person who is not an Affiliate of such Loan Party. 

“Eligible AM Finished Goods” shall mean, on any date, Eligible Inventory (other than Goods-In-Transit) composed of AM
Finished Goods on such date as shown on the Loan Parties’ perpetual inventory records in accordance with their current and historical accounting practices, minus Inventory Reserves with respect thereto. 

“Eligible Assignee” shall mean (i) a commercial bank having total assets in excess of $1,000,000,000; (ii) a
finance company, insurance company or other financial institution or fund, in each case reasonably acceptable to the Applicable Administrative Agent, which in the ordinary course of business extends credit of the type contemplated herein and has
total assets in excess of $200,000,000 and whose becoming an assignee would not constitute a prohibited transaction under Section 4975 of ERISA; (iii) an Approved Fund of a Lender; (iv) a Lender 

  
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Affiliate; (v) to the extent permitted under Section 9.03(g), the Borrower or any of its Subsidiaries, (vi) in connection with any assignment of Term Loans in accordance with
Section 9.03(h) and in connection with providing any Incremental Term Loans or Refinancing Term Loans, so long as the limitations set forth in Section 9.03(h) are satisfied, any Affiliated Lender and (vii) any other Person (other than
a natural person) satisfactory to the Applicable Administrative Agent, and in the case of any assignment of a Revolving Credit Commitment, to the Borrower and each Fronting Bank; provided, however, that Eligible Assignees shall not include
any Defaulting Revolving Lender. 
 “Eligible Goods-In-Transit” shall mean, on any date, Eligible Inventory composed
of Goods-In-Transit, as determined by the Revolving Administrative Agent in its Permitted Discretion, on such date as shown on the Loan Parties’ perpetual inventory records in accordance with current and historical accounting practices,
minus Inventory Reserves with respect thereto. 
 “Eligible Inventory” shall mean, on
any date, the Inventory Value of all Inventory owned by the Loan Parties on such date deemed by the Revolving Administrative Agent in its Permitted Discretion to be eligible for inclusion in the calculation of the Borrowing Base. Eligible Inventory
shall exclude remanufactured parts and Inventory referred to as “cores inventory”. Unless otherwise from time to time approved in writing by the Revolving Administrative Agent (subject to the limitations and requirements set forth in
Section 9.10), no Inventory shall be deemed Eligible Inventory if (and without duplication): 
 (a) it is not owned solely by the
Loan Parties or the Loan Parties do not have sole and good, valid and unencumbered title thereto; or 
 (b) it is not located in the United
States; or 
 (c) it is not located on or in, or is not in transit to, (i) property owned or leased by the Loan Parties or (ii) a
contract warehouse specified on a schedule attached to the Collateral Agreement and segregated or otherwise separately identifiable from goods of all others, if any, stored on the premises; or 

(d) it is not subject to a valid and perfected first priority Lien in favor of the Revolving Administrative Agent, except, with respect to
Inventory stored at sites described in clause (c) above, for Liens for unpaid rent or normal and customary warehousing charges, in each case, not yet paid, to the extent of such unpaid rent or charges; or 

(e) it is goods returned or rejected due to quality issues by the Loan Parties’ customers or goods in transit to third parties (other than
to warehouse sites described in clause (c) above); or 
 (f) it is not in good condition, does not meet all material standards imposed
by any Governmental Authority having regulatory authority over it, is defective, is seconds or thirds or stale, or is obsolete or slow moving or unmerchantable, or does not otherwise conform in all material respects to the representations and
warranties contained in the Loan Documents; or 

  
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 (g) it is located at any operating facility that the Loan Parties plan to close, or at any
operating facility that is closed, within thirty (30) days from the date of determination of the most recent Borrowing Base; or 
 (h)
it is comprised of film, pallets, and/or other shipping materials or supplies, repair parts, fuel, cartons used in production or other containers, and any other such material not used for sale; or 

(i) the Loan Parties classify such item as a sample item on their perpetual inventory records, or the Loan Parties use such item for display;
or 
 (j) it is a discontinued product or component thereof; or 

(k) any portion of the Inventory Value thereof is attributable to intercompany profit among the Loan Parties or their Affiliates; or 

(l) it is damaged or marked for return to vendor; or 

(m) it is consigned but still accounted for in the Loan Parties’ perpetual inventory records. 

“Eligible OE Finished Goods” shall mean, on any date, Eligible Inventory (other than Goods-In-Transit) composed of OE
Finished Goods on such date as shown on the Loan Parties’ perpetual inventory records in accordance with their current and historical accounting practices, minus Inventory Reserves with respect thereto. 

“Eligible Raw Materials” shall mean, on any date, Eligible Inventory (other than Goods-In-Transit) composed of Raw
Materials to be used in the production of finished goods inventory for sale, as determined by the Revolving Administrative Agent in its Permitted Discretion, on such date as shown on the Loan Parties’ perpetual inventory records in accordance
with current and historical accounting practices, minus Inventory Reserves with respect thereto. 

“Eligible Work-In-Process” shall mean, on any date, Eligible Inventory (other than Goods-In-Transit) composed of
Work-In-Process, as determined by the Revolving Administrative Agent in its Permitted Discretion, on such date as shown on the Loan Parties’ perpetual inventory records in accordance with current and historical accounting practices,
minus Inventory Reserves with respect thereto. 
 “Environmental Laws” shall mean any
and all laws, rules, orders, regulations, statutes, ordinances, guidelines, codes, decrees, orders, injunctions, judgments, requirements of any Governmental Authority or other Requirements of Law (including, without limitation, common law)
regulating, relating to or imposing liability or standards of conduct concerning protection of human health or the environment, or employee safety, or the use, generation, storage, release, emission, presence or transportation of any pollutants,
contaminants, toxic or hazardous substances or wastes, in each case as has been, is now or may at any time hereafter be in effect. 

  
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 “Environmental Permits” shall mean any and all permits, licenses,
approvals, registrations, notifications, exemptions and other authorizations required under any Environmental Law. 

“Equity Proceeds” shall mean, an amount equal to 100% of the aggregate Net Cash Proceeds received by the Borrower from
(A) any capital contribution to the Borrower after the 2014 Amendment Effective Date or any issue or sale after the 2014 Amendment Effective Date of Capital Stock (other than Disqualified Stock) of the Borrower (other than (i) to any
Subsidiary thereof or (ii) constituting Specified Equity Contribution), (B) the issue or sale after the 2014 Amendment Effective Date of any Indebtedness or other securities of the Borrower convertible into or exercisable for Capital Stock
(other than Disqualified Stock) of the Borrower that have been so converted or exercised, as the case may be and (C) without duplication, cash payments or cash contributions made to the Borrower pursuant to the Tax Allocation Agreement.

 “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as amended from time to time, and the
regulations promulgated and rulings issued thereunder. 
 “ERISA Affiliate” shall mean any trade or business
(whether or not incorporated) which is a member of a group of which the Borrower is a member and which is under common control within the meaning of Section 414(b) or (c) of the Code and the regulations promulgated and rulings issued
thereunder. 
 “Eurocurrency Liabilities” shall have the meaning assigned thereto in Regulation D issued by
the Board, as in effect from time to time. 
 “Eurodollar Borrowing” shall mean a Borrowing comprised of Eurodollar
Loans. 
 “Eurodollar Loan” shall mean any Loan bearing interest at a rate determined by reference to the Adjusted LIBOR
Rate in accordance with the provisions of Article II. 
 “Euros” shall mean the lawful currency of the European Union. 

“Event of Default” shall have the meaning set forth in Article VII. 

“Excess Cash Flow” shall mean, for any fiscal year of the Borrower, an amount (if positive) equal to: 

(a) the sum, without duplication, of the following (exclusive of any amounts attributable to Foreign Subsidiaries, including
intercompany transactions therewith (other than amounts attributable to ordinary course sales of products by the Borrower or any Domestic Restricted Subsidiary to any Foreign Subsidiary)): 

(i) Consolidated Net Income for such period, 

(ii) an amount equal to the amount of all non-cash charges (excluding any such non-cash expense to the extent that it
represents an accrual of or reserve for cash expenses in any future period) to the extent deducted in arriving at such Consolidated Net Income and cash receipts to the extent excluded in arriving at such Consolidated Net Income, 

  
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 (iii) an amount equal to the aggregate net non-cash loss on Asset Sales by
Borrower or any Domestic Restricted Subsidiary during such period (other than Asset Sales consisting of the sale, transfer, or other disposition of Capital Stock in Foreign Subsidiaries) to the extent deducted in arriving at such Consolidated Net
Income; 
 minus 
 (b)
the sum, without duplication, of the following (exclusive of any amounts attributable to Foreign Subsidiaries, including intercompany transactions therewith (other than amounts attributable to ordinary course sales of products by the Borrower or any
Domestic Restricted Subsidiary to any Foreign Subsidiary)): 
 (i) an amount equal to the amount of all non-cash credits
included in calculating such Consolidated Net Income and cash charges added in the definition of Consolidated Net Income (excluding any non-cash credit to the extent representing the reversal of an accrual or reserve described in clause (a)(ii)
above, 
 (ii) the aggregate amount of all principal payments of Indebtedness of the Borrower and its Domestic Restricted
Subsidiaries (including (x) the principal component of payments in respect of Capital Lease Obligations and (y) the amount of any mandatory prepayment of Term Loans pursuant to Section 2.16(b) to the extent required due to an Asset
Sale or Recovery Event that resulted in an increase to such Consolidated Net Income and not in excess of the amount of such increase but excluding (A) all other prepayments of Term Loans, (B) all prepayments of Permitted Subordinated
Indebtedness or any other unsecured Indebtedness, (C) all prepayments of Revolving Credit Loans and (D) all prepayments in respect of any other revolving credit facility, except, in the case of clauses (C) and (D) only, to the
extent there is an equivalent permanent reduction in commitments thereunder) made during such period, except in each case to the extent financed with the proceeds of long-term Indebtedness or Capital Stock of the Borrower and its Domestic Restricted
Subsidiaries, 
 (iii) an amount equal to the aggregate net non-cash gain on Asset Sales or realization, profits or return on
Investments by the Borrower or any Domestic Restricted Subsidiary during such period (other than Asset Sales in the ordinary course of business and Asset Sales consisting of the sale, transfer, or other disposition of Capital Stock in Foreign
Subsidiaries) to the extent included in arriving at such Consolidated Net Income, 
 (iv) the amount of Restricted Payments
paid during such period pursuant to Sections 6.06(k), except to the extent financed with the proceeds of long-term Indebtedness or Capital Stock of the Borrower or any Domestic Restricted Subsidiary, 

  
 25 

 (v) the amount of Investments made pursuant to Section 6.08(k) or
Section 6.08(x), except in each case to the extent financed with the proceeds of long-term Indebtedness or Capital Stock of the Borrower or any Domestic Restricted Subsidiary, 

(vi) the aggregate amount of expenditures actually made by the Borrower and its Domestic Restricted Subsidiaries in cash during
such period (including expenditures for the payment of financing fees) to the extent that such expenditures are not expensed during such period and are not deducted in calculating Consolidated Net Income, 

(vii) the aggregate amount of any premium, make-whole or penalty payments actually paid in cash by the Borrower and the
Domestic Restricted Subsidiaries during such period that are made in connection with any prepayment of Indebtedness to the extent that such payments are not deducted in calculating Consolidated Net Income, 

(viii) the amount of taxes (including penalties and interest) paid in cash in such period (including Restricted Payments paid
during such period pursuant to Section 6.06(l)) to the extent they exceed the amount of tax expense deducted in determining Consolidated Net Income for such period, 

(ix) to the extent not deducted in arriving at Consolidated Net Income, the aggregate amount actually paid by the Borrower
during such fiscal year on account of other post-employment benefits or pension expense in respect of defined benefit plans, and 

(x) without duplication of amounts deducted pursuant to this definition in calculating Excess Cash Flow in respect of a prior
period, at the option of the Borrower so long as no Default or Event of Default has occurred and is then continuing, the aggregate consideration required to be paid in cash by the Borrower and its Domestic Restricted Subsidiaries pursuant to binding
contracts (the “Contract Consideration”) entered into prior to or during such period relating to Capital Expenditures or Investments (including acquisitions) made during or following such period constituting Permitted Acquisitions
and other Investments permitted by Section 6.08 (other than Investments in (x) cash and Cash Equivalents and (y) equity or Indebtedness of the Borrower or any of its Domestic Restricted Subsidiaries) to be consummated or made during
the period of four consecutive fiscal quarters of the Borrower following the end of such period (except, in each case, to the extent financed with Indebtedness (other than Indebtedness incurred under any Revolving Credit Commitments now or hereafter
existing) after the 2014 Amendment Effective Date); provided that (A) to the extent the aggregate amount actually utilized to make such expenditures during such subsequent period of four consecutive fiscal quarters is less than the 

  
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Contract Consideration, the amount of such shortfall shall be added to the calculation of Excess Cash Flow at the end of such subsequent period and (B) any such expenditures made in such
subsequent period of four consecutive fiscal quarters shall not be subtracted from the calculation of Excess Cash Flow at the end of such subsequent period; 

minus 
 (c) an amount
equal to the product of (i) Unfinanced Capital Expenditures or acquisitions of Intellectual Property, in any such case, accrued or made in cash during such period by the Borrower and its Restricted Subsidiaries, except to the extent that such
acquisitions of Intellectual Property were financed from the proceeds of any Indebtedness (other than the Revolving Credit Loans) or Equity Proceeds times (ii) seventy-five percent (75%); 

plus 
 (d) decrease or
minus increase (as the case may be) in the Working Capital of the Borrower and its Domestic Restricted Subsidiaries during such fiscal year. For purposes of this definition, “Working Capital” means Current Assets minus Current Liabilities,
in each case, for such fiscal year. 
 “Excess Designated Hedging Obligations” shall mean, at any time, all Hedging
Obligations that are not Pari Passu Secured Hedging Obligations at such time. 
 “Excess Secured Cash Management
Obligations” shall mean, at any time, all Cash Management Obligations that are not Pari Passu Secured Cash Management Obligations at such time. 

“Excess Secured Obligations” shall mean, collectively, Excess Designated Hedging Obligations and Excess Secured Cash
Management Obligations. 
 “Exchange Rate” shall mean, with respect to any amount denominated in an Alternative
Currency on any Calculation Date, the rate at which such Alternative Currency may be exchanged into Dollars, as set forth at approximately 11:00 a.m., London time, on such date on the Reuters World Currency Page for such Alternative Currency. In the
event that such rate does not appear on any Reuters World Currency Page, the Exchange Rate with respect to such Alternative Currency shall be determined by reference to such other publicly available service for displaying exchange rates as may be
agreed upon by the Revolving Administrative Agent and the Borrower or, in the absence of such agreement, such Exchange Rate shall instead be calculated on the basis of the arithmetical mean of the buy and sell spot rates of exchange of the Revolving
Administrative Agent for such Alternative Currency on the London market at 11:00 a.m., London time, on such date for the purchase of Dollars with such Alternative Currency, for delivery two Business Days later; provided, that if at the time of any
such determination, for any reason, no such spot rate is being quoted, the Revolving Administrative Agent, after consultation with the Borrower, may use any reasonable method it deems appropriate to determine such rate, and such determination shall
be conclusive absent manifest error. 

  
 27 

 “Excluded Hedging Obligation” shall mean, with respect to any Guarantor,
any Hedging Obligation if, and to the extent that, all or a portion of the Guarantee Obligation of such Guarantor of, or the grant by such Guarantor of a security interest to secure, such Hedging Obligation (or any Guarantee Obligation with respect
thereto) 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 Guarantor’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 Obligation of such Guarantor or the grant of such security interest becomes
effective with respect to such Hedging Obligation. 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 Obligation or security interest is or becomes illegal. 
 “Excluded Subsidiary” shall
mean (a) any Subsidiary that is not a wholly owned Subsidiary of the Borrower or a Guarantor, (b) any Foreign Subsidiary of the Borrower or of any direct or indirect Domestic Subsidiary or Foreign Subsidiary, (c) any Domestic
Subsidiary (i) substantially all of the assets of which constitute the Capital Stock in one or more Foreign Subsidiaries or (ii) substantially all of the assets of which constitute the Capital Stock of any entity described in clause
(i) (including, without limitation, FM International, LLC), (d) any Domestic Subsidiary that is a direct or indirect Subsidiary of a Foreign Subsidiary or a Subsidiary described in clause (c) above, (e) any Subsidiary that is
prohibited by applicable Law existing on the Closing Date or by applicable Law or Contractual Obligation existing at the time of the formation or acquisition by the Borrower (or any of its Subsidiaries) of such Subsidiary (so long as such
Contractual Obligation is not entered into in contemplation of such formation or acquisition) from providing a Domestic Subsidiary Guarantee for so long as such prohibition exists, or if such Domestic Subsidiary Guarantee would require governmental
(including regulatory) consent, approval, license or authorization unless such consent, approval, license or authorization has been received, (f) any Subsidiary that is a not-for-profit organization and (g) any other Subsidiary with
respect to which, in the reasonable judgment of the Administrative Agents (confirmed in writing by notice to the Borrower), the cost or other consequences (including any adverse tax consequences) of providing a Domestic Subsidiary Guarantee shall be
excessive in view of the benefits to be obtained by the Lenders therefrom. 
 “Excluded Taxes” shall mean any of the
following Taxes imposed on or with respect to a Recipient or required to be withheld or deducted from a payment to a Recipient, (a) Taxes imposed on or measured by net income (however denominated), overall gross income, franchise Taxes, and
branch profits Taxes, in each case, (i) imposed as a result of such Recipient being organized under the laws of, or having its principal office or, in the case of any Lender, its applicable lending office located in, the jurisdiction imposing
such Tax (or any political subdivision thereof) or (ii) that are Other Connection Taxes, (b) in the case of a Lender, U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an
applicable interest in a Loan, Commitment, or other interest under any Loan Document pursuant to a law in effect on (i) the 2014 Amendment Effective Date, (ii) the date on which such Lender acquires such interest (other than pursuant to an
assignment request by the Borrower under Section 2.27) or (iii) the date on which such Lender changes its lending office, except, in the case of clause (ii) and (iii), to the extent that, pursuant to Section 2.21, amounts

  
 28 

 
with respect to such Taxes were payable either to such Lender’s assignor immediately before such Lender became a party hereto or to such Lender immediately before it changed its lending
office, (c) Taxes attributable to such Recipient’s failure to comply with Section 2.21(g) and (d) any Taxes imposed under FATCA. 

“Existing Maturity Date” shall have the meaning set forth in Section 2.30(a). 

“Existing Receivables Facilities” shall mean the accounts receivable purchase and sale facilities established pursuant
to the Existing Receivables Facilities Documents. 
 “Existing Receivables Facilities Documents” shall mean,
collectively, the documents identified on Schedule 1.01B, as amended, restated, supplemented or otherwise modified to the extent consistent with the definition of “Permitted Receivables Facility Documents.” 

“Existing Term Letters of Credit” shall mean those letters of credit issued as “Term Letters of Credit”
pursuant to the Original Credit Agreement and outstanding on the 2014 Amendment Effective Date, as set forth on Schedule 1.01C. 

“Existing Term Loans” shall mean the Term Loans outstanding as of the 2013 Amendment Effective Date. 

“Extended Loans” shall have the meaning set forth in Section 2.30(a). 

“Extended Terms Customer” shall mean, on any date, Account Debtors which have terms of sales greater than ninety
(90) days, but not greater than one hundred eighty (180) days. 
 “Extended Terms Eligible Amount” shall
mean, on any date, for each Extended Terms Customer, Accounts which are less than one day past due, arising as a result of the sale of goods with payment terms in excess of ninety (90) days and not greater than one hundred eighty (180) days.

 “Extending Lender” shall have the meaning set forth in Section 2.30(a). 

“Extension Effective Date” shall have the meaning set forth in Section 2.30(a). 

“F-M Canada” shall mean Federal-Mogul Canada Limited, a Canadian corporation. 

“Factoring Arrangements” shall mean any arrangements between a Group Member and a third party (other than an
Affiliate) under which the Receivables of such Group Member are factored on a non-recourse basis. 
 “Factoring
Basket” shall mean, on any date, an amount equal to the greater of (i) $400,000,000 and (ii) $400,000,000 times the Factoring Growth Rate on such date.  

“Factoring Growth Rate” shall mean, on any date, the ratio of (i) the collective sales of the Group Members outside of
the United States for the period of twelve consecutive months most recently ended prior to such date and for which such figure has been reported by the Borrower to the Revolving Administrative Agent (calculated on a Pro Forma Basis), expressed at

  
 29 

 
the Borrower’s accounting rate as in effect on the last day of such period (which accounting rate shall be determined by the Borrower in good faith consistent with the manner in which such
rate has been determined by the Borrower prior to the 2014 Amendment Effective Date) to (ii) $3,000,000,000. 

“FATCA” shall mean Sections 1471 through 1474 of the Code, as of the date of this Agreement (or any amended or
successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof, any agreements entered into pursuant to Section 1471(b)(1) of the Code
and any law implementing an intergovernmental agreement with respect thereto. 
 “Federal Funds Rate” shall
mean, for any day, the rate per annum (rounded upward, if necessary, to the nearest 1/100th of 1%) equal to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal
funds brokers on such day, as published on the next succeeding Business Day by the Federal Reserve Bank of New York, provided that (i) if such day is not a Business Day, the Federal Funds Rate for such day shall be such
rate on such transactions on the next preceding Business Day as so published on the next succeeding Business Day, and (ii) if no such rate is so published on such next succeeding Business Day, the Federal Funds Rate for such day shall be the
average rate quoted to Revolving Administrative Agent (or its banking affiliate) on such day on such transactions as determined by the Revolving Administrative Agent. 

“Fees” shall collectively mean the Commitment Fees, Letter of Credit Fees and other fees referred to in Sections 2.22,
2.23 and 2.24 and the Prepayment Fees. 
 “Financial Covenant Default” shall have the meaning set forth in clause
(c) of Section 7.01. 
 “Financial Officer” shall mean the Chief Financial Officer, Controller, Treasurer or
Assistant Treasurer of the Borrower. 
 “Finished Goods” shall mean goods to be sold by the Loan Parties in the
ordinary course of business. 
 “Fixed Charges” shall mean, for any period, without duplication, the sum of
(a) Consolidated Interest Expense paid in cash during such period, (b) scheduled principal payments on Indebtedness actually made and (c) all Restricted Payments made in cash pursuant to Sections 6.06(f) or 6.06(k) (to the extent not
financed with the proceeds of Indebtedness or Equity Proceeds), all calculated for the Group Members on a consolidated basis in accordance with GAAP. 

“Fixed Charge Coverage Ratio” shall mean, on the last day of any fiscal quarter of the Borrower, the ratio of
(a) Consolidated EBITDA for the period of four fiscal quarters ending on such day (less the sum of (i) Unfinanced Capital Expenditures for such period plus (ii) without duplication, consolidated tax expense paid in cash for such
period based on income, profits or capital, including state, franchise, capital and similar taxes and withholding taxes (less any income tax refund to the extent not netted from income tax payments) plus (iii) without duplication, tax sharing
payments received under the Tax Allocation Agreement for such period) to (b) Fixed Charges for the period of four fiscal quarters ending on such day. 

  
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 “FMC” shall mean Federal-Mogul Corporation, a Delaware corporation.

 “Foreign Credit Facilities” shall mean credit facilities to be made available to Excluded Subsidiaries of the
Borrower to fund their respective operations; provided that such credit facilities are not secured by any assets of any Loan Party. 

“Foreign Lender” means a Lender that is not a U.S. Person. 

“Foreign Pledge Agreements” shall mean (a) the pledge agreements described on Schedule 1.01D and (b) any
other pledge agreement, in form and substance reasonably satisfactory to the Administrative Agents, pursuant to which shares of Foreign Subsidiaries may be pledged from time to time. 

“Foreign Subsidiary” shall mean a Subsidiary that is incorporated or organized under the laws of a jurisdiction
outside of the United States. 
 “Fronting Bank” shall mean each of Citibank, Credit Suisse AG (acting
through its New York branch) and such other commercial bank as may agree in writing to act in such capacity for the Lenders with the prior consent of the Borrower. Any Fronting Bank may, in its discretion, arrange for one or more Letters of Credit
to be issued by one or more Affiliates of such Fronting Bank (and any such Affiliate that issues a Letter of Credit shall be deemed to be a “Fronting Bank” for all purposes hereunder). 

“Fronting Sublimit” shall mean (i) with respect to Citibank, $75,000,000, (ii) with respect to Credit Suisse
AG, $75,000,000 and (iii) with respect to any other Fronting Bank, the amount agreed by such Fronting Bank and set forth in a written instrument delivered to the Borrower and the Revolving Administrative Agent. 

“GAAP” shall mean accounting principles generally accepted in the United States and applied in accordance with Section
1.03. 
 “Goods-In-Transit” shall mean Inventory that is in transit to a location specified in clause
(c) of the definition of Eligible Inventory. 
 “Governmental Authority” shall mean any nation or
government, any state or other political subdivision thereof, any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative functions of
or pertaining to government, any securities exchange and any self-regulatory organization (including the National Association of Insurance Commissioners). 

“Group Members” shall mean the Borrower and the Restricted Subsidiaries. 

“Guarantee Obligation” shall mean, as to any Person (the “guaranteeing person”), any obligation, including a
reimbursement, counterindemnity or similar obligation, of the guaranteeing Person that guarantees or in effect guarantees, or which is given to induce the  

  
 31 

 
creation of a separate obligation by another Person (including any bank under any letter of credit) that guarantees or in effect guarantees, any Indebtedness, leases, dividends or other
obligations (the “primary obligations”) of any other third Person (the “primary obligor”) in any manner, whether directly or indirectly, including any obligation of the guaranteeing person, whether or not contingent, (a) to
purchase any such primary obligation or any property constituting direct or indirect security therefor, (b) to advance or supply funds (i) for the purchase or payment of any such primary obligation or (ii) to maintain working capital
or equity capital of the primary obligor or otherwise to maintain the net worth or solvency of the primary obligor, (c) 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 or (d) otherwise to assure or hold harmless the owner of any such primary obligation against loss in respect thereof; provided, however, that the term Guarantee
Obligation shall not include endorsements of instruments for deposit or collection in the ordinary course of business. The amount, as of any date of determination, of any Guarantee Obligation shall be the principal amount outstanding on such date of
Indebtedness or other obligation guaranteed thereby (or such lesser amount to which the terms of the Guarantee Obligation limit the monetary exposure of the guarantor) or, in the case of any Guarantee Obligation of an obligation that does not have a
principal amount, the maximum liability of the guarantor with respect to such Guarantee reasonably anticipated as of such date, as determined by the Borrower in good faith. 

“Guarantor” shall mean each Domestic Subsidiary (other than the Non-Guarantor Domestic Subsidiaries) of the Borrower
that has become a party to one of the Domestic Subsidiary Guarantees pursuant to the terms of the Loan Documents. 

“Hedging Agreement” shall have the meaning set forth in the ABL Intercreditor Agreement. 

“Hedging Obligations” shall have the meaning set forth in the ABL Intercreditor Agreement. 

“Holdings” shall have the meaning set forth in the introductory paragraph to this Agreement. 

“IEH FM Holdings LLC” shall mean IEH FM Holdings LLC, a Delaware limited liability company, and its Affiliates. 

 “Increased Amount Date” shall have the meaning assigned to such term in Section 2.32(a). 

“Increasing Lender” shall have the meaning set forth in Section 2.28. 

“Incremental Assumption Agreement” shall have the meaning assigned to such term in Section 2.32(b). 

“Incremental Cap” shall mean, at any time, such amount so long as, on a Pro Forma Basis, after giving effect to the
incurrence of the applicable Incremental Term Loan Facility or Incremental Equivalent Debt (including after giving effect on a Pro Forma Basis to any 

  
 32 

 
acquisition consummated concurrently therewith and all other events that are funded out of the proceeds of such Incremental Term Loan Facility or Incremental Equivalent Debt), the Total Net
Secured Leverage Ratio, recomputed as of the last day of the most recently ended fiscal quarter of the Borrower for which financial statements have been delivered pursuant to Section 5.01, is equal to or less than 3.75 to 1.00; provided
that for purposes of determining the Incremental Cap in connection with the borrowing of any Incremental Term Loans, the effectiveness of any Incremental Term Loan Facilities or the incurrence of any Incremental Equivalent Debt, the net cash
proceeds of such Incremental Term Loans to be borrowed or such Incremental Term Loan Facilities to become effective or such Incremental Equivalent Debt shall not be netted for purposes of determining the Total Net Secured Leverage Ratio unless such
proceeds are applied simultaneously to repay Indebtedness that is secured by Liens on the Collateral (excluding any such Indebtedness that is secured by Liens on the Collateral that is junior to the Liens securing the Obligations pursuant to a
Second Lien Intercreditor Agreement or any other written agreement reasonably acceptable to the Administrative Agents). 

“Incremental Equivalent Debt” shall mean any unsecured or secured Indebtedness incurred by the Borrower in the form of
one or more series or tranches of senior secured or unsecured notes (including bridge financings in respect thereof) or tranches of senior secured or unsecured term loans (other than Loans); provided that (i) at the time of
incurrence thereof, no Default shall have occurred and be continuing, (ii) any such secured Indebtedness shall be secured by (X) the PP&E Collateral on a pari passu basis (but without regard to the control of
remedies) relative to the other PP&E First Lien Obligations and (Y) the Borrowing Base Collateral on a junior basis relative to the Liens securing the Borrowing Base Priority Obligations (and is (a) not secured by any property or
assets of the Borrower or any Subsidiary that is not a Guarantor other than the Collateral and (b) secured on a pari passu basis with any Permitted First Priority Refinancing Debt), (iii) in the case of any term loans,
such term loans (x) shall have a maturity date not earlier than the Latest Revolving Maturity Date (or if later, the then Latest Maturity Date with respect to the Term Loans) and (y) shall not have a Weighted Average Life to Maturity
shorter than the longest remaining Weighted Average Life to Maturity of the Revolving Credit Facility (or, if later the longest remaining Weighted Average Life to Maturity of any Class of Term Loans then outstanding), (iv) in the case of any
notes, the terms of such notes shall not provide for any scheduled repayment, mandatory redemption, sinking fund obligation or other payment prior to the then Latest Revolving Maturity Date (or if later, the then Latest Maturity Date with respect to
the Term Loans), other than customary offers to purchase upon a change of control, asset sale or casualty or condemnation event and customary acceleration rights upon an event of default (or, in the case of any bridge financing, subject to
prepayments from the issuance of equity or other indebtedness permitted hereunder customary for bridge financings), (v) the other terms and conditions of such Indebtedness (excluding pricing, fees, optional prepayment, redemption terms,
amortization and for covenants or other provisions applicable only to periods after the Latest Maturity Date at such time), taken as a whole, shall be market terms and conditions at the time of incurrence of such Indebtedness, (vi) such
Indebtedness shall not be guaranteed or borrowed by any Person that is not a Loan Party and (vii) a Senior Representative acting on behalf of the lenders or holders of such Indebtedness shall have become party to or otherwise subject to the
provisions of the applicable Intercreditor Agreements and, if secured, the Collateral Trust Agreement (or shall have delivered a written notice to the Collateral Trustee acknowledging the Liens on the Collateral held by the Collateral Trustee and
that such Senior Representative’s security interest in the Collateral shall be subject to the terms of the Collateral Trust Agreement). Incremental Equivalent Debt will include any Registered Equivalent Notes issued in exchange therefor. 

  
 33 

 “Incremental Term Commitment” shall mean the commitment of any Lender,
established pursuant to Section 2.32, to make Incremental Term Loans to the Borrower. 
 “Incremental Term Lender”
shall mean a Lender with an Incremental Term Commitment or an outstanding Incremental Term Loan. 
 “Incremental Term Loan
Facility” shall mean each class or tranche of Incremental Term Commitments and the related Incremental Term Loans made hereunder pursuant thereto. 

“Incremental Term Loans” shall mean term loans made by one or more Lenders to the Borrower pursuant to Section 2.32.
Incremental Term Loans may be made in the form of additional Term Loans that are to be included in the same Class as the Tranche B Term Loans or Tranche C Term Loans or, to the extent permitted by Section 2.32 and provided for in the relevant
Incremental Assumption Agreement, Other Term Loans. 
 “Indebtedness” shall mean, at any time and with respect to
any Person, without duplication, (a) all indebtedness of such Person for borrowed money, (b) all obligations of such Person for the deferred purchase price of property or services (other than (x) current trade payables incurred in the
ordinary course of such Person’s business and (y) property, including inventory, and services purchased, and expense accruals (other than trade payables) and deferred compensation items arising, in each case, in the ordinary course of such
Person’s business), (c) all obligations of such Person evidenced by notes, bonds, debentures or other similar instruments, (d) all indebtedness created or arising under any conditional sale or other title retention agreement with
respect to property acquired by such Person (even though the rights and remedies of the seller or lender under such agreement in the event of default are limited to repossession or sale of such property), (e) all Capital Lease Obligations of
such Person, (f) all obligations of such Person, contingent or otherwise, as an account party or applicant under or in respect of acceptances, letters of credit, surety bonds or similar arrangements, (g) the liquidation value of all
redeemable preferred Capital Stock of such Person which is mandatorily redeemable prior to the Latest Maturity Date, (h) all Guarantee Obligations of such Person in respect of obligations of the kind referred to in clauses (a) through
(g) above or (j) below, (i) all obligations of the kind referred to in clauses (a) through (h) above or (j) below secured by (or for which the holder of such obligation has an existing right, contingent or otherwise, to
be secured by) any Lien on property (including accounts and contract rights) owned by such Person, whether or not such Person has assumed or become liable for the payment of such obligation, and (j) all obligations of such Person in respect of
Swap Agreements. The Indebtedness of any Person (i) shall include the Indebtedness of any other entity (including any partnership in which such Person is a general partner) to the extent such Person is liable therefor as a result of such
Person’s ownership interest in or other relationship with such entity solely to the extent such Indebtedness is required to be reflected on the balance sheet of such Person in accordance with GAAP and (ii) shall not include in any event
any Joint Venture Put Obligation. 
 “Indemnified Liabilities” shall have the meaning set forth in Section
9.06. 

  
 34 

 “Indemnified Party” shall have the meaning set forth in Section 9.06.

 “Indemnified Taxes” shall mean (a) Taxes, other than Excluded Taxes, imposed on or with respect to any
payment made by or on account of any obligation of any Loan Party under any Loan Document and (b) to the extent not otherwise described in (a), Other Taxes.  

“Insolvency” shall mean, with respect to any Multiemployer Plan, the condition that such Plan is insolvent within the
meaning of Section 4245 of ERISA. 
 “Intellectual Property” shall mean all rights, priorities and
privileges relating to intellectual property, whether arising under United States, multinational or foreign laws or otherwise, including copyrights, copyright licenses, patents, patent licenses, trademarks, service marks, trademark and service mark
licenses, trade names, technology, know-how, trade secrets and processes, all registrations and applications for registration of any of the foregoing, all goodwill associated with any of the foregoing, and all rights to sue at law or in equity for
any infringement or other impairment or violation of any of the foregoing, including the right to receive all proceeds and damages therefrom. 

“Intercompany Loan” shall mean any Indebtedness for borrowed money owed by any Group Member to any other Group
Member. 
 “Intercompany Loan Notes” shall mean (i) that certain note dated June 11, 1999 and
payable by Federal-Mogul, S.A., a French company, to AE International Ltd. in the original principal amount of 142,404,240 French francs, (ii) that certain note dated August 31, 1998 and payable by Federal-Mogul, S.A. to T&N
International Ltd. in the original principal amount of 488,163,908 French francs, (iii) that certain note dated August 31, 1998 and payable by Federal-Mogul, S.A. to AE International Ltd in the original principal amount of 904,841,256
French francs, (iv) that certain note dated July 8, 1998 and payable by Federal-Mogul Holding Deutschland GmbH, a German company, to AE International Ltd in the original principal amount of 126,979,412 Deutschmarks, (v) that certain
note dated July 8, 1998 and payable by Federal-Mogul Holding Deutschland GmbH to T&N International Ltd. in the original principal amount of 611,020,588 Deutschmarks, and (vi) that certain note dated May 22, 2001 and payable by
Federal Mogul S.p.A., an Italian company, to T&N International Ltd. in the original principal amount of €111,627,744.  

“Intercreditor Agreements” shall mean the ABL Intercreditor Agreement, any Second Lien Intercreditor Agreement and any
Pari Passu Intercreditor Agreement.  
 “Interest Payment Date” shall mean (i) as to any Eurodollar
Loan, the last day of the applicable Interest Period, provided that with respect to Interest Periods exceeding three months, interest shall be payable on the three-month anniversary of the first day of the Interest Period and on
the last day of the Interest Period and (ii) as to any ABR Loan, the first Business Day of each April, July, October and January and the date on which any ABR Loans are refinanced with Eurodollar Loans pursuant to Section 2.14. 

“Interest Period” shall mean, as to any Borrowing of Eurodollar Loans, the period commencing on the date of such
Borrowing (including as a result of a refinancing of ABR Loans) or on the last day of the preceding Interest Period applicable to such Borrowing and ending on  

  
 35 

 
either (i) the numerically corresponding day (or if there is no corresponding day, the last day) in the calendar month that is one, two, three or six months thereafter, as the Borrower may
elect in the related notice delivered pursuant to Section 2.03(b) or 2.14 or (ii) such other Business Day chosen by the Borrower that is agreed to by the Applicable Administrative Agent and each of the applicable Lenders (which agreement
shall not be unreasonably withheld); provided, however, that (i) if any Interest Period would end on a day which shall not be a Business Day, such Interest Period shall be extended to the next succeeding Business Day unless such next
succeeding Business Day would fall in the next calendar month, in which case such Interest Period shall end on the next preceding Business Day, (ii) no Interest Period with respect to any Borrowing of Term Loans of either Class shall end later
than the Tranche B Maturity Date or the Tranche C Maturity Date, as applicable, and (ii) no Interest Period with respect to any Borrowing of Revolving Credit Loans shall end later than the Revolving Credit Maturity Date. 

“Interest Period of Discontinued Tenor” shall mean an Interest Period with a tenor of two weeks, two months, four
months, five months, seven months, eight months, nine months, ten months or eleven months. 
 “Interpolated Screen
Rate” shall mean, in relation to LIBOR for any Loan, the rate which results from interpolating on a linear basis between: 

(a) the rate appearing on the LIBOR01 page of Intercontinental Exchange Benchmark Administration Ltd (ICE) (or on any successor or substitute
page of such service) for the longest period (for which that rate is available) which is less than the Interest Period; and 
 (b) the rate
appearing on the LIBOR01 page of Intercontinental Exchange Benchmark Administration Ltd (ICE) (or on any successor or substitute page of such service) for the shortest period (for which that rate is available) which exceeds the Interest Period each
as of approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period. 

“Inventory” shall mean all Raw Materials, Work-in-Process, and Finished Goods held by the Loan Parties in the normal
course of business. 
 “Inventory Reserves” shall mean the following, each as determined by the Revolving
Administrative Agent in its Permitted Discretion from time to time: 
 (a) a reserve for shrink, or discrepancies that arise
pertaining to inventory quantities on hand between the Loan Parties’ perpetual accounting system and physical counts of the Inventory, but not less than 2% of the Eligible Inventory; or 

(b) a reserve for slow move, obsolete or excess Inventory; or 

(c) a reserve for favorable standard cost variances; or 

(d) a reserve for amounts owing to landlords or warehousemen for Inventory stored at leased facilities or public warehouses which are not the
subject of an access agreement acceptable to the Revolving Administrative Agent, in the amount of (i) to the extent the Loan Parties are able to determine the Loan Parties’ average monthly rental expense for such facility, two
(2) times the Loan Parties’ average monthly rental expense for such facility or (ii) in all other events, the Inventory Value of the Inventory stored at such leased facilities or public warehouses; or 

  
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 (e) a reserve for Inventory located at contractors’ or vendors’ facilities in the
amount of the Inventory Value of such Inventory; or 
 (f) any other reserve as deemed appropriate by the Revolving Administrative Agent in
its Permitted Discretion from time to time; or 
 (g) a reserve for vendor rebates; or 

(h) a reserve for lower of cost or market. 

“Inventory Value” shall mean a dollar amount equal to the lesser of (i) the actual cost of Inventory determined
on a basis consistent with GAAP and with the Loan Parties’ current and historical accounting practice or (ii) the market value of such Inventory. 

“Investment Agreement” shall mean the Investment Agreement dated as of May 28, 2013, by and between the Borrower
and IEH FM Holdings LLC, a Delaware limited liability company, as the Investor, as amended, restated, supplemented or otherwise modified (except as otherwise expressly provided herein). 

“Investment Grade Entity” shall mean (i) an entity with either (a) a corporate family rating of at least
Baa3 from Moody’s (or the then equivalent) or (b) a corporate credit rating of at least BBB- from S&P (or the then equivalent) and (ii) Genuine Parts Company (d/b/a NAPA) or any of its Subsidiaries, until such time as Genuine
Parts Company (d/b/a NAPA) is rated by Moody’s or S&P at which time it will be subject to clause (i) of the definition hereof.  

“Investments” shall have the meaning set forth in Section 6.08. 

“IRS” means the United States Internal Revenue Service. 

“Joint Venture” shall mean each Affiliate of the Borrower listed on Schedule 1.01E and any other Person not a
Subsidiary in which any Group Member obtains an ownership interest to the extent permitted by Section 6.08(j). 

“Joint Venture Basket” shall mean, at any date, an amount equal to (i) $400,000,000 minus
(ii) the aggregate amount of Investments made pursuant to Section 6.08(j)(ii) after the 2014 Amendment Effective Date and on or prior to such date minus (iii) the aggregate amount of operating leases (measured on
the basis of the fair market value of the assets subject thereto) outstanding pursuant to Section 6.05(j)(ii) after the 2014 Amendment Effective Date and on or prior to such date plus (iv) the aggregate amount of
distributions in cash and Cash Equivalents with respect to any Investment made pursuant to Section 6.08(j)(ii) that have been received after the 2014 Amendment Effective Date and on or prior to such date by the Group Member that holds such
Investment. 

  
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 “Joint Venture Put Obligation” shall mean any obligation of any Group
Member (i) to purchase any Capital Stock of any Person that is a Joint Venture on the 2014 Amendment Effective Date, which Capital Stock is not owned by a Group Member on the 2014 Amendment Effective Date, so long as such obligation is in
existence on the 2014 Amendment Effective Date and has been disclosed by the Borrower to the Lenders prior to the 2014 Amendment Effective Date, (ii) to purchase any Capital Stock of any Person that is a Joint Venture on the 2014 Amendment
Effective Date, which Capital Stock is not owned by a Group Member on the 2014 Amendment Effective Date and where such obligation to purchase Capital Stock arises after the 2014 Amendment Effective Date, or (iii) to purchase any Capital Stock
of any Joint Venture formed after the 2014 Amendment Effective Date, which Capital Stock is not owned by a Group Member on the date of formation of such new Joint Venture; provided, however, that the aggregate amount of
obligations described in the preceding clause (ii) or (iii) for any single such Joint Venture shall not exceed $50,000,000 (with the amount of any non-cash obligations to be estimated by the Borrower in good faith). 

“Latest Maturity Date” shall mean, at any time, the latest scheduled maturity date applicable to any Loan or
Commitment outstanding hereunder at such time. 
 “Latest Revolving Maturity Date” shall mean the Latest
Maturity Date with respect to the Revolving Credit Loans or Revolving Credit Commitments. 
 “Latest Term Maturity
Date” shall mean the Latest Maturity Date with respect to the Term Loans. 
 “Lender” and
“Lenders” shall have the respective meanings set forth in the introductory paragraph to this Agreement and, as the context requires, includes the Fronting Bank, any Augmenting Lender, any Incremental Term Lender and any Refinancing
Term Lender. 
 “Lender Affiliate” shall mean, (a) with respect to any Lender, (i) an Affiliate of
such Lender or (ii) any entity (whether a corporation, partnership, trust or otherwise) that is engaged in making, purchasing, holding or otherwise investing in loans and similar extensions of credit in the ordinary course of its business and
is administered or managed by a Lender or an Affiliate of such Lender and (b) with respect to any Lender that is a fund which invests in loans and similar extensions of credit, any other fund that invests in loans and similar extensions of
credit and is managed by the same investment advisor as such Lender or by an Affiliate of such investment advisor. 

“Letter of Credit” shall mean any irrevocable letter of credit issued (or deemed issued) pursuant to Section
2.05(b)(i), which letter of credit shall be (a) a standby or import documentary letter of credit, (b) denominated in Dollars or any Alternative Currency and (c) otherwise in such form as may be reasonably approved from time to time by
the Revolving Administrative Agent and the applicable Fronting Bank. 
 “Letter of Credit Account” shall mean
the account established by the Borrower under the sole and exclusive control of the Revolving Administrative Agent maintained at the office of Citibank at 388 Greenwich Street, New York, New York 10013 designated as the “Federal-Mogul
Corporation Letter of Credit Account” that shall be used solely for the purposes set forth in Sections 2.05(c) and 2.15. 

  
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 “Letter of Credit Fees” shall mean the fees payable in respect of Letters
of Credit pursuant to Section 2.24. 
 “Letter of Credit Outstandings” shall mean, at any time, the sum of
(i) the Dollar Equivalent of the aggregate undrawn stated amount of all Letters of Credit then outstanding plus (ii) the Dollar Equivalent of all amounts theretofore drawn under Letters of Credit and not then reimbursed. The Letter of
Credit Outstandings of any Revolving Credit Lender at any time shall be its Class Percentage of the aggregate Letter of Credit Outstandings at such time. 

“Lien” shall mean any mortgage, pledge, security interest, encumbrance, lien or charge of any kind whatsoever
(including any conditional sale or other title retention agreement or any lease in the nature thereof). 
 “Liquidity
Event” shall mean that Revolving Credit Facility Availability is less than the Threshold Amount for a period of five (5) consecutive Business Days (such five-consecutive-Business-Day-period, the “Adjustment Period”);
provided that once a Liquidity Event has occurred, it shall be deemed to be continuing on each day thereafter until Revolving Credit Facility Availability exceeds the Threshold Amount for thirty (30) consecutive days. 

“Loan” shall mean a Term Loan or a Revolving Credit Loan, as the context may require. 

“Loan Documents” shall mean this Agreement, the Letters of Credit, the Security Documents, the Intercreditor
Agreements, the Collateral Trust Agreement, the Guarantees and any other instrument or agreement executed and delivered in connection herewith.  

“Loan Parties” shall mean the Borrower and the Guarantors. 

“Long Dated Accounts Receivable” shall mean, on any date, for each Long Dated Account Receivable Customer, Accounts
arising as a result of the sale of goods with payment terms in excess of one hundred eighty (180) days and not greater than one year.  

“Long Dated Accounts Receivable Customer” shall mean, on any date, with respect to any Account, an Account Debtor that
has terms of sales on such Account greater than one hundred eighty (180) days, but not greater than one year. 

“Material Adverse Effect” shall mean a material adverse effect on (a) the business, property, operations or
financial condition of the Group Members taken as a whole or (b) the validity or enforceability of this Agreement or any of the other Loan Documents or the material rights or remedies of the Administrative Agents or the Lenders hereunder or
thereunder. 
 “Materials of Environmental Concern” shall mean any gasoline or petroleum (including crude oil
or any fraction thereof) or petroleum products, polychlorinated biphenyls, urea-formaldehyde insulation, asbestos, molds, pollutants, contaminants, radioactivity, any hazardous or toxic substances or wastes and any other substances that are
regulated pursuant to or would reasonably be expected to give rise to liability under any Environmental Law. 

  
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 “Maturity Date” shall mean the Revolving Credit Maturity Date, the
Tranche B Maturity Date, the Tranche C Maturity Date or the maturity date applicable to any other Class of Term Loans, as the context requires. 

“Maturity Date Extension Request” shall mean a request by the Borrower, in a form approved by the Applicable
Administrative Agent, for the extension of the applicable Maturity Date pursuant to Section 2.30. 
 “Minority
Interests” shall mean any shares of stock of any class of a Subsidiary of the Borrower (other than directors’ qualifying shares if required by law) that are not owned by Borrower or one of its Subsidiaries; Minority Interest shall be
valued in accordance with GAAP. 
 “Monthly Payment Date” shall mean the last Business Day of each calendar
month. 
 “Moody’s” shall mean Moody’s Investors Service, Inc. or any successor to the rating
agency business thereof. 
 “Mortgaged Properties” shall mean the real properties listed on Part I of
Schedule 1.01F under the heading “Mortgaged Properties”, as to which the Collateral Trustee, for the benefit of the Term Loan Lenders, shall be granted a Lien pursuant to the Mortgages and the Collateral Trustee, for the benefit of the
Revolving Credit Lenders, shall be granted a Lien pursuant to the Mortgages (such Liens to be separate and distinct from each other). 

“Mortgages” shall mean each of the mortgages and deeds of trust made by any Loan Party in favor of the Collateral
Trustee, for the benefit of the Lenders and the other secured parties referred to therein, substantially in the form of Exhibit H (with such changes thereto as shall be advisable or are customary under the law of the jurisdiction in which such
mortgage or deed of trust is to be recorded). 
 “Multiemployer Plan” shall mean a Plan that is a
multiemployer plan as defined in Section 4001(a)(3) of ERISA. 
 “Multiple Employer Plan” shall mean a
Single Employer Plan, which (i) is maintained for employees of a Borrower or an ERISA Affiliate and at least one Person other than such Borrower and its ERISA Affiliates or (ii) was so maintained and in respect of which a Borrower or an
ERISA Affiliate could have liability under Section 4064 or 4069 of ERISA in the event such Plan has been or were to be terminated. 

“Net Cash Proceeds” shall mean (a) in connection with any Asset Sale (other than the liquidation of a Joint
Venture) or any Recovery Event or any transaction that would constitute an Asset Sale but for clause (ii) of the definition thereof, the gross proceeds thereof in the form of cash and Cash Equivalents (including any such proceeds received by
way of deferred payment of principal pursuant to a note or installment receivable or purchase price adjustment receivable or otherwise, but only as and when received, and, with respect to any Asset Sale consisting of the Disposition of all or
substantially all of the assets of a business or business unit of the Borrower or any of its Restricted Subsidiaries, net proceeds from the liquidation or sale of accounts receivable or inventory of such business or business unit), net of
(i) attorneys’ fees, accountants’ fees, investment banking fees, (ii) amounts required to be applied to the repayment of (x)  

  
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Indebtedness secured by a Lien expressly permitted hereunder on any asset that is the subject of such Asset Sale or Recovery Event (other than any Lien created pursuant to a Security Document and
excluding, in any event, any Lien securing Indebtedness that is junior to the Liens securing the Obligations) and (y) solely if such Asset Sale or Recovery Event is consummated by a Foreign Subsidiary that is a Restricted Subsidiary, any other
Indebtedness permitted hereunder, including any Foreign Credit Facility and any Indebtedness of any parent or Subsidiary of such Foreign Subsidiary, but excluding any Indebtedness owed to any Group Member, (iii) other customary fees and
expenses actually incurred in connection therewith and (iv) taxes paid or reasonably estimated to be payable as a result thereof and as a result of distributing such proceeds to the Borrower (after taking into account any available tax credits
or deductions and any tax sharing arrangements), (b) in connection with any issuance or sale of Capital Stock to a Person that is not a Group Member or any incurrence of Indebtedness to a Person that is not a Group Member, the cash proceeds
received from such issuance or incurrence, net of (i) attorneys’ fees, accountants’ fees, investment banking fees, underwriting discounts and commissions and (ii) other customary fees and expenses actually incurred in connection
therewith and net of taxes paid or reasonably estimated to be payable as a result of distributing such proceeds to the Borrower (after taking into account any available tax credits or deductions and any tax sharing arrangements) and (c) in
connection with the liquidation of a Joint Venture, the gross proceeds thereof in the form of cash and Cash Equivalents received by any Group Member in excess of the fair market value of the aggregate of all Investments made in such Joint Venture by
any Group Member at any time and net of (i) attorneys’ fees, accountants’ fees, investment banking fees, (ii) amounts required to be applied to the repayment of (x) Indebtedness secured by a Lien expressly permitted
hereunder on any asset that is the subject of such liquidation (other than any Lien created pursuant to a Security Document and excluding, in any event, any Lien securing Indebtedness that is junior to the Liens securing the Obligations) and
(y) solely if such Asset Sale or Recovery Event is consummated by a Foreign Subsidiary that is a Restricted Subsidiary, any other Indebtedness permitted hereunder, including any Foreign Credit Facility and any Indebtedness of any parent or
Restricted Subsidiary of such Foreign Subsidiary, but excluding any Indebtedness owed to any Group Member, (iii) other customary fees and expenses actually incurred in connection therewith and (iv) taxes paid or reasonably estimated to be
payable as a result thereof and as a result of distributing such proceeds to the Borrower (after taking into account any available tax credits or deductions and any tax sharing arrangements). Notwithstanding the foregoing, the “Net Cash
Proceeds” of a Foreign Subsidiary shall not include any amounts to the extent such amount may not be distributed (by way of dividends, intercompany loans or otherwise) to the Borrower or a Domestic Restricted Subsidiary because doing so would
(1) violate legal restrictions binding upon such Foreign Subsidiary, (2) violate contractual restrictions contained in agreements with third parties (other than Affiliates) entered into in good faith and binding upon such Foreign
Subsidiary or (3) result in adverse tax consequences to the Borrower. 
 “Net Orderly Liquidation Rate” shall
mean, at any time with respect to any Inventory, the quotient (expressed as a percentage) of (i) the Net Orderly Liquidation Value of such Inventory divided by (ii) the gross inventory cost of such Inventory,
determined on the basis of the then most recently conducted inventory appraisal performed by an independent inventory appraisal firm reasonably satisfactory to the Revolving Administrative Agent. 

  
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 “Net Orderly Liquidation Value” shall mean, at any time, with respect to
any Inventory, the net liquidation value of such Inventory as then most recently determined, based on the then most recently conducted inventory appraisal performed by an independent inventory appraisal firm reasonably satisfactory to the Revolving
Administrative Agent. 
 “Non-Consenting Lender” shall have the meaning specified in Section 2.27.

 “Non-Core Accounts Receivable” shall mean, at the time of any determination, without duplication,
(i) receivables arising from transactions that are not in the ordinary course of business, including equipment and equipment parts sales, (ii) Accounts arising from transactions other than sales to customers who are not Affiliates of any
of the Loan Parties of automobile, truck, aviation, farm or construction vehicle parts manufactured by the Loan Parties, on usual and customary terms, in a manner consistent with historical sales practices, (iii) non-trade receivables and
(iv) miscellaneous and sundry receivables. 
 “Non-Extending Lender” shall have the meaning set forth in
Section 2.30(a). 
 “Non-Guarantor Domestic Subsidiaries” shall mean (a) those Domestic Subsidiaries
identified on Schedule 1.01G, (b) all Joint Ventures, (c) any Domestic Subsidiary that is an Excluded Subsidiary, (d) all Receivables Entities and (e) all Domestic Subsidiaries that are Unrestricted Subsidiaries. 

“Not Otherwise Applied” shall mean on any date, with respect to any amount of Equity Proceeds or Permitted
Subordinated Indebtedness Proceeds, that such amount was not applied to optionally prepay the Loans pursuant to Section 2.17. The Borrower shall promptly notify each Administrative Agent of any application of such amount contemplated by this
definition. 
 “Obligations” shall mean (a) the due and punctual payment of principal of and interest on
the Loans and the reimbursement of all amounts drawn under Letters of Credit and (b) the due and punctual payment of the Fees and all other present and future, fixed or contingent, monetary obligations of the Borrower to the Lenders and the
Administrative Agents under the Loan Documents. 
 “OE Finished Goods” shall mean Finished Goods,
manufactured by Loan Parties pursuant to an order by an Account Debtor, for use in such Account Debtor’s (original equipment) manufacturing processes, as determined by the Revolving Administrative Agent in its Permitted Discretion. 

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

“Organizational Documents” shall mean (i) with respect to any corporation, its certificate or articles of
incorporation, as amended, and its by-laws, as amended, (ii) with respect to any limited partnership, its certificate of limited partnership or formation, as amended, and its partnership agreement, as amended, (iii) with respect to any
general partnership, its partnership agreement, as amended, (iv) with respect to any limited liability company, its certificate of formation or articles of organization, as amended, and its operating agreement, as amended, and (v) with
respect to any unlimited liability company, its certificate of formation, as amended, and its memorandum and articles of association, as amended. In the event any term or condition of  

  
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this Agreement or any other Loan Document requires any Organizational Document to be certified by a secretary of state of similar governmental official, the reference to any such
“Organizational Document” shall only be to a document of a type customarily certified by such governmental official. 

“Original Administrative Agent” shall have the meaning set forth in the recitals to this Agreement.  

“Original Borrower” shall have the meaning set forth in the recitals to this Agreement.  

“Original Closing Date” shall mean December 27, 2007. 

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

“Other Taxes” shall mean all present or future stamp, court or documentary, intangible, recording, filing or similar
Taxes that arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest under, or otherwise with respect to, any Loan Document, except any such
Taxes that are Other Connection Taxes imposed with respect to an assignment (other than an assignment made pursuant to Section 2.27). 

“Other Term Loans” has the meaning specified in Section 2.32(a). 

“Pari Passu Intercreditor Agreement” shall mean, with respect to any Permitted First Priority Refinancing Debt or Incremental
Equivalent Debt, a customary intercreditor agreement substantially in the form of Exhibit G-2 hereto or such other form as is reasonably acceptable to the Administrative Agents, providing that the Liens securing such Indebtedness rank pari passu
with the Liens securing the Obligations in respect of the Term Loans (but without regard to control of remedies). 
 “Pari Passu
Secured Cash Management Obligations” shall mean, at any time, all Cash Management Obligations incurred under Designated Cash Management Agreements, but only to the extent that a reserve against the Borrowing Base with respect to such Cash
Management Obligations has been taken by the Revolving Administrative Agent pursuant to Section 8.11(c) (and after giving effect to the operation of the proviso to the second sentence to Section 8.11(c)), in each case at such time. 

“Pari Passu Secured Hedging Obligations” shall mean, at any time, all Hedging Obligations incurred from time to time
pursuant to Designated Hedging Agreements (in each case, including any ISDA Master Agreement, any related Schedule thereto, any Credit Support Annex or other Credit Support Document thereto, each Confirmation thereunder, and as such agreement may be
amended, supplemented, restated or otherwise modified from time to time), but only to the extent that a reserve against the Borrowing Base with respect to such Hedging  

  
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Obligations incurred under Designated Hedging Agreements has been taken by the Revolving Administrative Agent pursuant to Section 8.11(c) (and after giving effect to the operation of the
proviso to the first sentence of Section 8.11(c)), in each case at such time. To the extent that, at any time, the aggregate amount of all negative Swap Termination Values for each Designated Counterparty with respect to all Designated Hedging
Agreements (expressed as an absolute number) exceeds such reserve, the portion of the Designated Hedging Agreements with each Designated Hedging Counterparty that constitute Pari Passu Secured Hedging Obligations shall be determined pro rata
on the basis of such Swap Termination Values. 
 “Payment Conditions” shall mean at any time of determination,
unless waived by the Required Revolving Credit Lenders, the conditions that (i) no Default or Event of Default shall have occurred and be continuing or result from the applicable event, and (ii) Revolving Credit Facility Availability
would, on a Pro Forma Basis, be at least $96,250,000, both immediately before and immediately after giving effect to the applicable event. 

“PBGC” shall mean the Pension Benefit Guaranty Corporation, or any successor agency or entity performing substantially
the same functions. 
 “Permitted Acquisition” shall mean, collectively (i) each Acquisition set forth
on Schedule 1.01K and (ii) any Acquisition, if such Acquisition complies with the following criteria: 
 (a) no Default or Event
of Default shall have occurred or be continuing either prior to or immediately after giving effect to the consummation of such Acquisition and the incurrence by the Group Members of any Indebtedness associated therewith; 

(b) with respect to any Acquisition (or series of related Acquisitions) for which the total consideration (including deferred payment
obligations and Indebtedness assumed or incurred) is greater than $50,000,000, after giving effect to the consummation of such Acquisition and to the incurrence by the Group Members of any Indebtedness associated therewith, the Fixed Charge Coverage
Ratio, determined on a Pro Forma Basis for the period of four consecutive fiscal quarters most recently ended, shall either (x) be not less than 1.00 to 1.00 or (y) be not less than the Fixed Charge Coverage Ratio for such period prior to
giving effect to such Acquisition and to the incurrence by the Group Members of any Indebtedness associated therewith, and the Borrower shall have delivered to the Administrative Agents prior to the consummation of such Acquisition such financial
information as the Administrative Agents shall reasonably request to demonstrate such compliance; 
 (c) all actions required to be taken, if
any, with respect to such acquired Person or assets under Section 5.09 shall have been taken within the applicable time frame specified in such Section 5.09; 

(d) any Person whose Capital Stock is directly or indirectly acquired shall be, after giving effect to such Acquisition, a direct or an
indirect Restricted Subsidiary of the Borrower; and 

  
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 (e) with respect to any Acquisition (or series of related Acquisitions) for which the total
consideration (including deferred payment obligations and Indebtedness assumed or incurred) is greater than $100,000,000, the Borrower shall have delivered to the Administrative Agents on or prior to the consummation of such Acquisition a
certificate from a Financial Officer certifying that such transaction will, upon consummation, comply with this definition. 

“Permitted Asset Sale” shall mean any Asset Sale by any Group Member, if such Asset Sale complies with the following
criteria: (a) such Asset Sale is for consideration at least 66 2⁄3% of which is cash (for which purpose, “cash” shall include (I) up to an
aggregate per fiscal year of $50,000,000 of Indebtedness or other liabilities that are assumed by the purchaser or retained by the obligor thereof (and for which the Borrower and its Restricted Subsidiaries shall thereafter have no liability with
respect thereto) or that are otherwise cancelled, forgiven or terminated in connection with the transaction with such purchaser, (II) Indebtedness (other than the Obligations), to the extent that such Indebtedness is then secured by a Lien permitted
under Section 6.02 that is then either senior to or pari passu with the Lien then securing the Obligations on the subject property, that are assumed by the purchaser or retained by the obligor thereof (and for which the Borrower and its
Restricted Subsidiaries shall thereafter have no liability with respect thereto) or that is otherwise cancelled, forgiven or terminated in connection with the transaction with such purchaser; and (III) securities convertible to cash within 365 days
after the Asset Sale); (b) such consideration is at least equal to the fair market value of the assets being sold, transferred, leased, swapped or disposed of; and (c) unless the consideration to be received in connection with such Asset
Sale is less than 10% of Consolidated Assets, no Event of Default shall have occurred and be continuing, either prior to or after giving effect to the consummation of such Asset Sale; provided the foregoing restrictions of
clauses (a) and (b) above shall not apply to: (w) up to $50,000,000 of Asset Sales per fiscal year, (x) transfers of condemned property as a result of the exercise of “eminent domain” or other similar policies to the
respective Governmental Authority that has condemned such property, transactions in lieu of eminent domain, and other dedications of property that are required to be made to Governmental Authorities, (y) mergers effected pursuant to
Section 6.04 or (z) dispositions of property to the extent that (i) such property is exchanged for credit against the purchase price of similar replacement property or (ii) the proceeds of such disposition are reasonably promptly
applied to the purchase price of such replacement property. 
 “Permitted Corporate Structure Transactions”
shall mean the collective reference to (a) the actions taken on, or prior to, the 2014 Amendment Effective Date to create, form or otherwise establish Holdings, which on the 2014 Amendment Effective Date directly holds a controlling equity
interest in FMC, (b) the Borrower Substitution, (c) merger or similar transactions involving the Holdings or the Borrower occurring on, or prior to, the 2014 Amendment Effective Date and which do not result in a Change of Control,
(d) the specific transactions and steps to effectuate certain of the foregoing transactions more fully described in a written notice from the Borrower to the Revolving Administrative Agent and (e) any additional transactions and steps to
effectuate the foregoing transactions that the Borrower determines in good faith to be necessary or desirable to effect such transactions; provided that (w) the Borrower shall have provided (I) all information relating
to such additional transactions under clause (e) of this definition as the Revolving Administrative Agent shall have reasonably requested and (II)(A) such evidence of good standing, corporate authority and the authorization of such Borrower
Substitution and (B) an officer’s certificate and a customary opinion of counsel addressed to the Lenders and reasonably satisfactory to the Revolving Administrative Agent, to the effect that such Permitted Corporate Structure Transactions
complies with the provisions  

  
 45 

 
hereof and preserves the enforceability of the Guarantee and the Loan Documents, and the validity and perfection of the Liens securing the Collateral, in each case of clause (A) and
(B) as the Revolving Administrative Agent shall have reasonably requested, and the consummation of such foregoing transactions shall not have an impact that is material and adverse on the structure or the value of the Collateral, as determined
by the Revolving Administrative Agent in its reasonable discretion. 
 “Permitted Designated Subordinated
Indebtedness” shall mean Permitted Subordinated Indebtedness that (x) shall mature at least six months after the Latest Maturity Date as in effect on the date of incurrence of such Permitted Subordinated Indebtedness and (y) shall
not require any principal payments thereof prior to the date that is six months after the Latest Maturity Date as in effect on the date of incurrence of such Permitted Subordinated Indebtedness. 

“Permitted Discretion” shall mean the Revolving Administrative Agent’s commercially reasonable judgment,
exercised in good faith in accordance with customary business practices for comparable asset-based lending transactions, as to any factor which the Revolving Administrative Agent reasonably determines (a) will or reasonably could be expected to
adversely affect in any material respect the value of any Collateral, the enforceability or priority of the Collateral Trustee’s Liens thereon or the amount that the Revolving Administrative Agent, the Collateral Trustee or any Revolving Credit
Lender would be likely to receive (after giving consideration to delays in payment and costs of enforcement) in the liquidation of such Collateral or (b) suggests that any Collateral report or financial information delivered to the Revolving
Administrative Agent by the Borrower is incomplete, inaccurate or misleading in any material respect. 
 “Permitted
First Priority Refinancing Debt” shall mean any secured Indebtedness incurred by the Borrower in the form of one or more series of senior secured notes or loans; provided that (i) such Indebtedness is secured by
(X) the PP&E Collateral on a pari passu basis (but without regard to the control of remedies) relative to the other PP&E First Lien Obligations and (Y) the Borrowing Base Collateral on a junior basis relative
to the Liens securing the Borrowing Base Priority Obligations (and is not secured by any property or assets of the Borrower or any Subsidiary other than the Collateral), (ii) such Indebtedness constitutes PP&E First Lien Obligations,
(iii) such Indebtedness constitutes Refinancing Indebtedness in respect of Term Loans (including portions of Classes of Term Loans), (iv) such Indebtedness is not guaranteed by any Subsidiaries other than the Guarantors or a Subsidiary
which becomes a Guarantor hereunder and (v) a Senior Representative acting on behalf of the lenders or holders of such Indebtedness shall have become party to or otherwise subject to the provisions of the applicable Intercreditor Agreements and
the Collateral Trust Agreement (or shall have delivered a written notice to the Collateral Trustee acknowledging the Liens on the Collateral held by the Collateral Trustee and that such Senior Representative’s security interest in the
Collateral shall be subject to the terms of the Collateral Trust Agreement). 
 “Permitted Holders” shall
mean the Related Parties and any group (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Securities Exchange Act of 1934, as amended, or any successor provision) of which any of the foregoing are members. 

  
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 “Permitted Investment Payment Conditions” shall mean at any time of
determination, unless waived by the Required Revolving Credit Lenders, the conditions that (i) no Specified Default or Event of Default shall have occurred and be continuing or result from the applicable event, and (ii) either (a) the
Fixed Charge Coverage Ratio would be at least 1.00 to 1.00, calculated on a Pro Forma Basis, and the Revolving Credit Facility Availability would, on a Pro Forma Basis, be at least $82,500,000 or (b) Revolving Credit Facility Availability
would, on a Pro Forma Basis, be at least $96,250,000, in each case both immediately before and immediately after giving effect to the applicable event. 

“Permitted Junior Debt” shall have the meaning specified in Section 6.02(q). 

“Permitted Loan Purchase Assignment and Acceptance” shall mean an assignment and acceptance entered into by a Lender
as an assignor and the Borrower or its Subsidiary (as applicable) as an assignee. 
 “Permitted Net Cash Proceeds
Reinvestments” shall mean (i) assets (“replacement assets”) to be acquired or built with the Net Cash Proceeds of any Recovery Event (but not any Asset Sale), so long as (x) such replacement assets are to be used for
substantially the same purpose as the assets that were subject to the relevant Recovery Event (“subject assets”) and (y) such replacement assets are to be located in the United States to the extent that the subject assets were located
in the United States prior to such Recovery Event and (ii) assets to be acquired or built with the Net Cash Proceeds of any Asset Sale or Recovery Event that are useful in the business of the Borrower but that do not comply with the criteria
set forth in clause (i) of this definition. 
 “Permitted Receivables Facility” shall mean (a) the
receivables facility or facilities created under the Permitted Receivables Facility Documents, providing for the sale or pledge by the Borrower and/or one or more other Receivables Sellers of Permitted Receivables Facility Assets (thereby providing
financing to the Borrower and the Receivables Sellers) to the Receivables Entity (either directly or through another Receivables Seller), which in turn shall sell or pledge interests in the respective Permitted Receivables Facility Assets to
third-party investors pursuant to the Permitted Receivables Facility Documents (with the Receivables Entity permitted to issue investor certificates, purchased interest certificates or other similar documentation evidencing interests in the
Permitted Receivables Facility Assets) in return for the cash used by the Receivables Entity to purchase the Permitted Receivables Facility Assets from the Borrower and/or the respective Receivables Sellers, in each case as more fully set forth in
the Permitted Receivables Facility Documents or (b) the Existing Receivables Facilities. For the avoidance of doubt, each reference herein to “the Permitted Receivables Facility” shall be deemed to mean the applicable Permitted
Receivables Facility or Permitted Receivables Facilities. 
 “Permitted Receivables Facility Assets” shall
mean (i) Receivables (whether now existing or arising in the future) of the Borrower and its Restricted Subsidiaries which are transferred or pledged to the Receivables Entity pursuant to the Permitted Receivables Facility and any related
Permitted Receivables Related Assets which are also so transferred or pledged to the Receivables Entity and all proceeds thereof and (ii) loans to the Borrower and its Restricted Subsidiaries secured by Receivables (whether now existing or
arising in the future) and any related Permitted Receivables Related Assets of the Borrower and its Restricted Subsidiaries which are made pursuant to the Permitted Receivables Facility. 

  
 47 

 “Permitted Receivables Facility Documents” shall mean (a) each of
the documents and agreements entered into in connection with the Permitted Receivables Facility, including all documents and agreements relating to the issuance, funding and/or purchase of certificates and purchased interests, all of which documents
and agreements shall be in form and substance reasonably customary for transactions of this type, in each case as such documents and agreements may be amended, restated, modified, supplemented, refinanced or replaced from time to time so long as
(i) any such amendments, restatements, modifications, supplements, refinancings or replacements do not impose any conditions or requirements on the Borrower or any of its Restricted Subsidiaries that are more restrictive in any material respect
than those in existence immediately prior to any such amendment, restatement, modification, supplement, refinancing or replacement, and (ii) any such amendments, restatements, modifications, supplements, refinancings or replacements are not
adverse in any material respect to the interests of the Lenders and (b) the Existing Receivables Facilities Documents. For the avoidance of doubt, each reference herein to “the Permitted Receivables Facility Documents” shall be deemed
to mean the applicable Permitted Receivables Facility Documents. 
 “Permitted Receivables Related Assets”
shall mean any assets that are customarily transferred or in respect of which security interests are customarily granted in connection with customary financing transactions involving the sale or pledge of accounts receivable. 

“Permitted Refinancing” shall mean, with respect to any Indebtedness of any Person, any modification, refinancing,
refunding, renewal or extension of such Indebtedness of such Person; provided that (a) the principal amount (or accreted value, if applicable) thereof does not exceed the principal amount (or accreted value, if applicable)
of the Indebtedness so modified, refinanced, refunded, renewed or extended except by an amount equal to unpaid accrued interest and premium thereon plus other reasonable amounts paid, and fees and expenses reasonably incurred, in connection with
such modification, refinancing, refunding, renewal or extension and by an amount equal to any existing commitments unutilized thereunder, (b) such modification, refinancing, refunding, renewal or extension has a final maturity date equal to or
later than the final maturity date of, and has a Weighted Average Life to Maturity equal to or greater than the Weighted Average Life to Maturity of, the Indebtedness being modified, refinanced, refunded, renewed or extended, (c) if such
Indebtedness being modified, refinanced, refunded, renewed or extended is secured, the terms and conditions relating to collateral of any such modified, refinanced, refunded, renewed or extended indebtedness, taken as a whole, are not materially
less favorable to the Loan Parties or the Lenders than the terms and conditions with respect to the Collateral for the Indebtedness being modified, refinanced, refunded, renewed or extended, taken as a whole (and the Liens on any Collateral securing
any such modified, refinanced, refunded, renewed or extended Indebtedness shall have the same (or lesser) priority relative to the Liens on the Collateral securing the Obligations), (d) the terms and conditions (excluding as to collateral,
subordination, interest rate and redemption premium) of any such modified, refinanced, refunded, renewed or extended Indebtedness, taken as a whole, shall be market terms at the time of incurrence of such Indebtedness, and (e) such
modification, refinancing, refunding, renewal or extension is incurred by one or more Persons who is or becomes an obligor of the Indebtedness being modified, refinanced, refunded, renewed or extended; provided that a certificate of a 

  
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Responsible Officer delivered to the Administrative Agents including a reasonably detailed description of the material terms and conditions of such resulting Indebtedness or drafts of the
documentation relating thereto and stating that the Borrower has determined in good faith that such terms and conditions satisfy the foregoing requirements shall be conclusive absent manifest error. For the avoidance of doubt, any refinancing funded
with the proceeds of Refinancing Indebtedness is a “Permitted Refinancing.” 
 “Permitted Second Priority
Refinancing Debt” shall mean any secured Indebtedness incurred by the Borrower in the form of one or more series of senior secured notes or loans; provided that (i) such Indebtedness is secured by (X) the
PP&E Collateral on a junior basis relative to the PP&E First Lien Obligations and (Y) the Borrowing Base Collateral on a junior basis relative to the Liens securing the Borrowing Base Priority Obligations (and is not secured by any
property or assets of the Borrower or any Subsidiary other than the Collateral), (ii) such Indebtedness constitutes Refinancing Indebtedness in respect of Term Loans (including portions of Classes of Term Loans), (iii) such Indebtedness is
not guaranteed by any Subsidiaries other than the Guarantors or a Subsidiary which becomes a Guarantor hereunder and (iv) a Senior Representative acting on behalf of the lenders or holders of such Indebtedness shall have become party to or
otherwise subject to the provisions of the applicable Intercreditor Agreements and the Collateral Trust Agreement (or shall have delivered a written notice to the Collateral Trustee acknowledging the Liens on the Collateral held by the Collateral
Trustee and that such Senior Representative’s security interest in the Collateral shall be subject to the terms of the Collateral Trust Agreement). 

“Permitted Subordinated Indebtedness” shall mean, Indebtedness of the Borrower (i) which shall be contractually
subordinated to the Obligations, (ii) which shall have subordination and other terms that are market terms at the time of incurrence of such Indebtedness and (iii) if such Indebtedness is secured, any Liens securing such Indebtedness shall
be subject to the Second Lien Intercreditor Agreement and the holders of which (or their representatives) shall be party to the Second Lien Intercreditor Agreement with the Administrative Agents. 

“Permitted Subordinated Indebtedness Proceeds” shall mean the Net Cash Proceeds of any Permitted Designated
Subordinated Indebtedness incurred by a Group Member following the 2014 Amendment Effective Date. 
 “Permitted
Unsecured Refinancing Debt” shall mean unsecured Indebtedness incurred by the Borrower in the form of one or more series of senior or subordinated unsecured notes or loans; provided that (i) such Indebtedness
constitutes Refinancing Indebtedness in respect of Term Loans (including portions of Classes of Term Loans), (ii) such Indebtedness is not guaranteed by any Subsidiaries other than the Guarantors (or a Subsidiary which becomes a Guarantor
hereunder), (iii) such Indebtedness is not secured by any Lien on any property or assets of the Borrower or any Subsidiary and (iv) if such Indebtedness is contractually subordinated to the Obligations, such subordination terms shall be
market terms at the time of incurrence of such Indebtedness. 
 “Person” shall mean any natural person,
corporation, division of a corporation, partnership, trust, joint venture, association, company, estate, unincorporated organization or government or any agency or political subdivision thereof. 

  
 49 

 “Plan” shall mean, at a particular time, any employee benefit plan that
is covered by Title IV of ERISA and in respect of which the Borrower or a Commonly Controlled Entity is (or, if such plan were terminated at such time, would under Section 4069 of ERISA be deemed to be) an “employer” as defined in
Section 3(5) of ERISA. 
 “Pounds Sterling” shall mean the lawful currency of the United Kingdom.

 “PP&E Collateral” shall mean any Collateral other than Borrowing Base Collateral. 

“PP&E First Lien Obligations” shall have the meaning set forth in the ABL Intercreditor Agreement. 

“PP&E Priority Obligations” shall have the meaning set forth in the ABL Intercreditor Agreement. 

“Pre-Approved Assignee” shall mean, with respect to any proposed assignment pursuant to Section 9.03(b), an
Eligible Assignee that is (i) a Lender immediately prior to such assignment, (ii) a Lender Affiliate of the assigning Lender, (iii) an Approved Fund of a Person that is a Lender immediately prior to such assignment, or (iv) a
Person at least 50% owned by the assigning Lender or by a common parent of the assigning Lender and the Person described in clause (iii). 

“Prepayment Application Date” shall mean, with respect to any mandatory prepayment pursuant to Section 2.16(c),
one-hundred and fifteen (115) days after the end of the fiscal year with respect to which such prepayment is made. 

“Prepayment Fee” shall have the meaning set forth in Section 2.17(a). 

“Pricing Schedule” shall mean the Pricing Schedule attached hereto. 

“Prime Rate” shall mean the rate of interest per annum publicly announced from time to time by the Applicable
Administrative Agent as its base rate in effect at its principal office in New York City (provided that each change in such Rate shall be effective on the date such change is publicly announced) and notified to the Borrower.

 “Principal” means Carl Icahn. 

“Pro Forma Basis” shall mean, with respect to any calculation of any financial term, financial covenant or financial
ratio hereunder, such financial term, financial covenant or financial test calculated on a pro forma basis after giving effect to the consummation of any Acquisition, and to the incurrence by the Group Members of any Indebtedness associated
therewith, or any Asset Sale, as the case may be, consummated during the applicable test period as if such Acquisition or Asset Sale, as the case may be, had occurred on the first day of the period of four consecutive fiscal quarters most recently
ended for which the financial statements are available and shall include adjustments for cost savings to the extent such cost savings are determined in good faith by a responsible Financial Officer of the Borrower, regardless of whether such
calculation complies with the requirements of Rule 11-02 of Regulation S-X, as it may be amended or replaced from time to time, promulgated by the SEC, including adjustments  

  
 50 

 
for synergies and cost savings that the Company expects in good faith to achieve within twelve months in connection therewith and, with respect to an Acquisition, such cost savings are
factually supportable and have been realized or are reasonably expected to be realized within 365 days following such Acquisition; provided that (i) the Borrower shall have delivered to the Revolving Administrative Agent a certificate of
the chief financial officer of the Borrower, in form and substance reasonably satisfactory to the Revolving Administrative Agent, certifying that such cost savings meet the requirements set forth above, together with reasonably detailed evidence in
support thereof, and (ii) if any cost savings included in any pro forma calculations based on the expectation that such cost savings will be realized within 365 days following such acquisition shall at any time cease to be reasonably expected
to be so realized within such period, then on and after such time pro forma calculations required to be made hereunder shall not reflect such cost savings); provided further, that (x) the aggregate amount of any such adjustments for cost
savings shall not exceed 15% of pro forma Consolidated EBITDA for any four (4) fiscal quarter period and (y) no such adjustments to Consolidated EBITDA may be made pursuant to this definition to the extent duplicative of amounts otherwise
added back in computing Consolidated EBITDA pursuant to the definition thereof. 
 “Projections” shall have
the meaning set forth in Section 5.02(c). 
 “Qualified Capital Stock” means any Capital Stock that is not
Disqualified Capital Stock. 
 “Qualified ECP Guarantor” shall mean, in respect of any Hedging Obligation,
each Guarantor that constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” at such
time by entering into a keepwell, support or other agreement under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. 

“Quarterly Payment Date” shall have the meaning set forth in Section 2.09(a). 

“Raw Materials” shall mean any raw materials or Supplies used or consumed in the manufacture, packing or shipping of
goods to be sold by the Loan Parties in the ordinary course of business. 
 “Refunding Borrowing” shall have
the meaning set forth in Section 2.05(e). 
 “Rebate Reserve” shall mean, at any time of determination, an
amount owing or payable to Account Debtors pursuant to incentive marketing programs or similar programs, as determined by the Revolving Administrative Agent in its Permitted Discretion from time to time, to the extent not already deducted in
computing the amount of Eligible Receivables. 
 “Receipt of Sufficient Consents” shall mean that, with
respect to any requested modification, amendment, waiver or other change to this Agreement and/or any other Loan Document (any such modification, amendment or change, a “Requested Amendment”), the requisite percentage of Lenders (as
required pursuant to Section 9.10), necessary to effect such Requested Amendment shall have voted for, consented to or otherwise approved such Requested Amendment in accordance with the terms and conditions set forth in Section 9.10;
provided that in determining whether the Receipt of Sufficient Consents has been satisfied with respect to any  

  
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Requested Amendment in connection with the consents and modifications set forth in Section 9.18, each Revolving Credit Lender shall be deemed to have voted for, consented to or otherwise
approved such Requested Amendment and to have authorized and directed the Revolving Administrative Agent to execute on its behalf any amendment or similar agreement or document required in connection with the effectiveness of such Requested
Amendment (provided, that the form of such amendment, similar agreement or document shall in the reasonable determination of the Revolving Administrative Agent comply with the terms of this Agreement). 

“Receivable” shall mean a payment owing to a Person (whether constituting an account, chattel paper, document,
instrument or general intangible) arising from the provision of merchandise, goods or services by such Person, including the right to payment of any interest or finance charges and other obligations owing to such Person with respect thereto.

 “Receivables Entity” shall mean a wholly-owned Subsidiary of the Borrower or any of its Subsidiaries which
engages in no activities other than in connection with the financing of accounts receivable of the Receivables Sellers and which is designated (as provided below) as the “Receivables Entity” (a) no portion of the Indebtedness or any
other obligations (contingent or otherwise) of which (i) is guaranteed by the Borrower or any other Subsidiary of the Borrower (excluding guarantees of obligations (other than the principal of, and interest on, Indebtedness) pursuant to
Standard Securitization Undertakings), (ii) is recourse to or obligates the Borrower or any other Subsidiary of the Borrower in any way (other than pursuant to Standard Securitization Undertakings) or (iii) subjects any property or asset
of the Borrower or any other Subsidiary of the Borrower, directly or indirectly, contingently or otherwise, to the satisfaction thereof, other than pursuant to Standard Securitization Undertakings, (b) with which neither the Borrower nor any of
its Subsidiaries has any contract, agreement, arrangement or understanding (other than pursuant to the Permitted Receivables Facility Documents (including with respect to fees payable in the ordinary course of business in connection with the
servicing of accounts receivable and related assets)) on terms less favorable to the Borrower or such Subsidiary than those that might be obtained at the time from Persons that are not Affiliates of the Borrower, and (c) to which neither the
Borrower nor any other Subsidiary of the Borrower has any obligation to maintain or preserve such entity’s financial condition or cause such entity to achieve certain levels of operating results. Any such designation shall be evidenced to the
Administrative Agents by filing with the Administrative Agents an officer’s certificate of the Borrower certifying that, to the best of such officer’s knowledge and belief after consultation with counsel, such designation complied with the
foregoing conditions. Notwithstanding anything to the foregoing, “Receivables Entity” shall include Federal-Mogul Transaction LLC.  

“Receivables Sellers” shall mean the Borrower and those Subsidiaries (other than Receivables Entities) that are from
time to time party to the Permitted Receivables Facility Documents. 
 “Recipient” shall mean (a) each
Administrative Agent, (b) any Lender, and (c) the Fronting Bank. 
 “Recovery Event” shall mean any
settlement of or payment in respect of any property or casualty insurance claim or any condemnation proceeding relating to any asset of any Group Member. 

  
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 “Reference Bank” shall mean Citibank or Credit Suisse AG. 

“Refinanced Indebtedness” shall have the meaning set forth in the definition of “Refinancing
Indebtedness”. 
 “Refinancing Effective Date” shall have the meaning set forth in Section 2.31.

 “Refinancing Indebtedness” shall mean (a) Permitted First Priority Refinancing Debt, (b) Permitted
Second Priority Refinancing Debt, (c) Permitted Unsecured Refinancing Debt or (d) Refinancing Term Loans obtained pursuant to an amendment hereto, in each case, issued, incurred or otherwise obtained (including by means of the extension or
renewal of existing Indebtedness) in exchange for, or to extend, renew, refinance or replace, in whole or in part, the Term Loans or any previously incurred Refinancing Indebtedness (the Indebtedness so exchanged, extended, renewed, refinanced or
replaced, the “Refinanced Indebtedness”); provided that (i) the principal amount (or accreted value, if applicable) of such Refinancing Indebtedness shall not exceed the principal amount (or accreted value,
if applicable) of such Refinanced Indebtedness except by an amount equal to the sum of accrued and unpaid interest, accrued fees and premiums (if any) with respect to the applicable Refinanced Indebtedness and fees and expenses associated with the
refinancing of such Refinanced Indebtedness with such Refinancing Indebtedness; provided, however, that, as part of the same incurrence or issuance of Indebtedness as such Refinancing Indebtedness, the
Borrower may incur or issue an additional amount of Indebtedness to the extent permitted under Section 6.02 (other than clause (aa) thereof) without violating this clause (i) (and, for purposes of clarity, such additional amount of
Indebtedness shall not constitute Refinancing Indebtedness); (ii) the stated final maturity of such Refinancing Indebtedness shall not be earlier than the latest stated final maturity of the applicable Refinanced Indebtedness, and such stated
final maturity of such Refinancing Indebtedness shall not be subject to any conditions that could result in such stated final maturity occurring on a date that precedes the latest stated final maturity of such Refinanced Indebtedness;
(iii) such Refinancing Indebtedness shall not be required to be repaid, prepaid, redeemed, repurchased or defeased, whether on one or more fixed dates, upon the occurrence of one or more events or at the option of any holder thereof (except, in
each case, on the stated final maturity date as permitted pursuant to the preceding clause (ii) or upon the occurrence of an event of default or pursuant to customary prepayments or offers to purchase in respect of asset sales or casualty or
condemnation events or, in the case of Refinancing Indebtedness in the form of notes, pursuant to customary change of control provisions, or, in the case of Refinancing Indebtedness in the form of loans, excess cash flow prepayments, or as and to
the extent such repayment, prepayment, redemption, repurchase or defeasance would have been required pursuant to the terms of such Refinanced Indebtedness) prior to the Latest Maturity Date of the applicable Refinanced Indebtedness;
provided that, notwithstanding the foregoing, scheduled amortization payments (however denominated) of such Refinancing Indebtedness shall be permitted so long as the Weighted Average Life to Maturity of such Refinancing
Indebtedness shall be longer than the Weighted Average Life to Maturity of the applicable Refinanced Indebtedness remaining as of the date of such extension, replacement or refinancing; (iv) such Refinancing Indebtedness shall not
constitute an obligation (including pursuant to a Guarantee) of the Borrower or any Subsidiary, in each case that shall not have been (or, in the case of after-acquired Subsidiaries, shall not have been required to become pursuant to the terms of
the applicable Refinanced Indebtedness) an obligor in respect of the applicable Refinanced  

  
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Indebtedness unless, simultaneously with the incurrence of such Refinancing Indebtedness, such Borrower or Subsidiary becomes a Loan Party hereunder, and, in each case, shall constitute an
obligation of the Borrower or such Subsidiary to the extent of their obligations in respect of the applicable Refinanced Indebtedness; and (v) such Refinancing Indebtedness shall contain other terms and conditions that reflect market terms and
conditions when taken as a whole on the date such Refinancing Indebtedness is incurred (as determined by the Borrower in good faith and certified to the Administrative Agents) (other than (A) with respect to pricing, fees and amortization and
(B) covenants or other provisions applicable only to periods after the Latest Revolving Maturity Date), unless such terms are more favorable to the Lenders than the terms of the applicable Refinanced Indebtedness of such Class (as determined
reasonably and in good faith by the Administrative Agents). 
 “Refinancing Term Lender” shall mean, at any time,
any Person that qualifies as an Eligible Assignee and that holds one or more Classes of Refinancing Term Loans. 

“Refinancing Term Loans” shall mean one or more Classes of term loans incurred by the Borrower under this Agreement
pursuant to an amendment hereto (and in compliance with Section 2.31), to the extent that such term loans constitute Refinancing Indebtedness in respect of Term Loans (including portions of Classes of Term Loans). 

“Register” shall have the meaning set forth in Section 9.03(d). 

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

“Regulation U” shall mean Regulation U of the Board as in effect from time to time. 

“Reinvestment Deferred Amount” shall mean, with respect to any Reinvestment Event, the aggregate Net Cash Proceeds
received by any Group Member in connection therewith that are not applied to prepay the Term Loans pursuant to Section 2.16(b). 

“Reinvestment Event” shall mean any Asset Sale or Recovery Event in respect of which the Borrower has elected to use
all or a specified portion of the Net Cash Proceeds to make a Permitted Net Cash Proceeds Reinvestment, 

“Reinvestment Prepayment Amount” shall mean, as of any Reinvestment Prepayment Date with respect to any Reinvestment
Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to such Reinvestment Prepayment Date to make Permitted Net Cash Proceeds Reinvestments. 

“Reinvestment Prepayment Date” shall mean, with respect to any Reinvestment Event, the earlier of (a) the date on
which financial statements are required to be delivered pursuant to Section 5.01(a) or (b), as applicable, for the fiscal quarter in which the twelve month anniversary of the date of such Reinvestment Event occurs is (i) required to be
delivered to the Lenders or (ii) actually delivered to the Lenders and (b) the date on which the Borrower shall have determined not to, or shall have otherwise ceased to, apply all or any portion of the relevant Reinvestment Deferred
Amount to make the Permitted Net Cash Proceeds Reinvestment. 

  
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 “Related Party” or “Related Parties” means (1) the
Principal and his siblings, his and their respective spouses and descendants (including stepchildren and adopted children) and the spouses of such descendants (including stepchildren and adopted children) (collectively, the “Family
Group”); (b) any trust, estate, partnership, corporation, company, limited liability company or unincorporated association or organization (each an “Entity” and collectively “Entities”) controlled by
(as defined in the definition of “Affiliate”) one or more members of the Family Group; (c) any Entity over which one or more members of the Family Group, directly or indirectly, have rights that, either legally or in practical effect,
enable them to make or veto significant management decisions with respect to such Entity, whether pursuant to the constituent documents of such Entity, by contract, through representation on a board of directors or other governing body of such
Entity, through a management position with such Entity or in any other manner (such rights hereinafter referred to as “Veto Power”); (d) the estate of any member of the Family Group; (e) any trust created (in whole or in
part) by any one or more members of the Family Group; (f) any individual or Entity who receives an interest in any estate or trust listed in clauses (d) or (e), to the extent of such interest; (g) any trust or estate, substantially
all the beneficiaries of which (other than charitable organizations or foundations) consist of one or more members of the Family Group; (h) any organization described in Section 501(c) of the Code, over which any one or more members of the
Family Group and the trusts and estates listed in clauses (d), (e) and (g) have direct or indirect Veto Power, or to which they are substantial contributors (as such term is defined in Section 507 of the Code); (i) any
organization described in Section 501(c) of the Code of which a member of the Family Group is an officer, director or trustee; or (j) any Entity, directly or indirectly (i) owned or controlled by (as defined in the definition of
“Affiliate”) or (ii) a majority of the economic interests in which are owned by, or are for or accrue to the benefit of, in either case, any Person or Persons identified in clauses (a) through (i) above. 

For the purposes of this definition of “Related Party”, and for the avoidance of doubt, in addition to any other Person or Persons
that may be considered to possess control, (x) a partnership shall be considered controlled by a general partner or managing general partner thereof, (y) a limited liability company shall be considered controlled by a managing member of
such limited liability company and (z) a trust or estate shall be considered controlled by any trustee, executor, personal representative, administrator or any other Person or Persons having authority over the control, management or disposition
of the income and assets therefrom. 
 “Reorganization” shall mean, with respect to any Multiemployer Plan, the
condition that such plan is in reorganization within the meaning of Section 4241 of ERISA. 
 “Replacement
Lender” shall have the meaning set forth in Section 2.27. 
 “Replacement Revolving Credit Facility”
shall have the meaning set forth in Section 9.10. 

  
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 “Reportable Event” shall mean any of the events set forth in
Section 4043(c) of ERISA, other than those events as to which the thirty day notice period is waived under PBGC Reg. § 4043. 

“Repricing Transaction” shall mean (a) the incurrence by the Borrower of any Indebtedness for the purpose of
effecting a repricing of the Tranche B Term Loans or Tranche C Term Loans in the form of a term loan (including via any Incremental Term Loan Facilities or by way of the conversion of the Tranche B Term Loans or Tranche C Term Loans into Refinancing
Term Loans) that is broadly marketed or syndicated to banks, financial institutions and/or other institutional lenders or investors in financings similar to the Term Loans (i) having an All-in Yield that is less than the All-in Yield for the
Tranche B Term Loans or Tranche C Term Loans, as applicable and (ii) the proceeds of which are used to prepay (or, in the case of a conversion, deemed to prepay or replace), in whole or in part, outstanding principal of Tranche B Term Loans or
Tranche C Term Loans, as applicable or (b) any effective reduction in the All-in Yield for the Tranche B Term Loans or Tranche C Term Loans (e.g., by way of amendment, waiver or otherwise) but excluding any such Indebtedness incurred in
connection with a Transformative Acquisition of a Change of Control. 
 “Required Lenders” shall mean, at any
time, Lenders holding in excess of 50% of the sum of (i) the Total Revolving Credit Commitment (or, if the Total Revolving Credit Commitment shall have terminated, the Total Revolving Credit Usage), (ii) the aggregate outstanding principal
amount of the Term Loans and (iii) the Total Term Loan Commitment (if any), in each case at such time. 

“Required Revolving Credit Lenders” shall mean, at any time, Revolving Credit Lenders holding in the aggregate in
excess of 50% of the Total Revolving Credit Commitment (or, if the Total Revolving Credit Commitment shall have terminated, in excess of 50% of the Total Revolving Credit Usage) at such time. 

“Required Term Lenders” shall mean, at any time, Term Loan Lenders holding in excess of 50% of the sum of the
aggregate outstanding principal amount of the Term Loans and the Total Term Loan Commitment (if any) at such time. 

“Requirement of Law” shall mean, as to any Person, its Organizational Documents, and any law, treaty, rule or
regulation or determination of an arbitrator or a court or other Governmental Authority, in each case applicable to or binding upon such Person or any of its property or to which such Person or any of its property is subject. 

“Resignation Date” shall have the meaning set forth in Section 8.10. 

“Responsible Officer” shall mean the chief executive officer, president, chief financial officer or treasurer of the
Borrower, but in any event, with respect to financial matters, the chief financial officer or treasurer of the Borrower. 

“Restricted Payments” shall have the meaning set forth in Section 6.06. 

“Restricted Subsidiary” shall mean a Subsidiary other than an Unrestricted Subsidiary.  

  
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 “Revolving Administrative Agent” shall have the meaning set forth in the
introductory paragraph to this Agreement. 
 “Revolving Credit Availability Period” shall mean the period
from and including the 2013 Amendment Effective Date to but excluding the Revolving Credit Maturity Date (or, if earlier, the date on which the Total Revolving Credit Commitment terminates pursuant to Section 2.12 or Section 7.01). 

“Revolving Credit Borrowing” shall mean a borrowing consisting of simultaneous Revolving Credit Loans of the same Type
and, in the case of Eurodollar Loans, having the same Interest Period, made by each of the Revolving Credit Lenders pursuant to Section 2.01(b). 

“Revolving Credit Commitment” shall mean, as to each Revolving Credit Lender, its obligation to (a) make
Revolving Credit Loans to the Borrower pursuant to Section 2.01(b) and (b) purchase participations in Letter of Credit Outstandings, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite
such Lender’s name on Annex A-3 under the caption “Revolving Credit Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be reduced from time to time
pursuant to Section 2.12, increased from time to time pursuant to Section 2.28, or otherwise adjusted from time to time in accordance with this Agreement. 

“Revolving Credit Facility” shall mean the Revolving Credit Commitments and the Revolving Credit Loans made, and the Letters
of Credit issued, thereunder. 
 “Revolving Credit Facility Availability” shall mean, at any time, an amount equal
to (a) the lesser of (i) the aggregate Revolving Credit Commitments at such time and (ii) the Borrowing Base at such time, minus (b) the Total Revolving Credit Usage at such time. 

“Revolving Credit Facility Specific Covenants” shall mean the provisions set forth in Sections 6.01, 6.02, 6.03, 6.06
and 6.08. 
 “Revolving Credit Lender” shall mean, at any time, any Lender that has a Revolving Credit
Commitment at such time. 
 “Revolving Credit Lender Parent” shall mean, with respect to any Revolving Credit
Lender, any Person as to which such Revolving Credit Lender is, directly or indirectly, a Subsidiary. 
 “Revolving
Credit Loan” shall have the meaning set forth in Section 2.01(b). 
 “Revolving Credit Maturity
Date” shall mean December 6, 2018; provided that if on any date (the “Springing Maturity Date”) more than $700,000,000 aggregate principal amount of Existing Term Loans, Refinancing Indebtedness in
respect of Existing Term Loans, Incremental Term Loans, Incremental Equivalent Debt and Permitted Junior Debt (to the extent (x) the proceeds of such Permitted Junior Debt have been used to refinance the Existing Term Loans or any Refinancing
Indebtedness in respect thereof or (y) such Permitted Junior Debt is secured by a Lien on any Collateral) will become due within 91 calendar days of such Springing  

  
 57 

 
Maturity Date, the Revolving Credit Maturity Date shall occur on the Springing Maturity Date; provided further that if such Springing Maturity Date is not a Business Day, the Revolving
Credit Maturity Date shall occur on the next preceding Business Day 
 “Revolving Lender Consents” shall have
the meaning set forth in Section 9.18. 
 “S&P” shall mean Standard & Poor’s Rating
Services, a division of The McGraw-Hill Companies, Inc., or any successor to the rating agency business thereof. 

“Sanctioned Country” means a country that is the subject of comprehensive or selective territorial sanctions
administered or enforced by OFAC (currently, Burma (Myanmar, Cuba, Iran, Sudan, Syria and North Korea).  

“Sanctioned Person” means (a) a Person named on the list of “Specially Designated Nationals and Blocked
Persons” maintained by OFAC available at http://www.treasury.gov/resource-center/sanctions/SDN-List/Pages/default.aspx, or as otherwise published from time to time, or similar lists published by the United Nations Security Council, the European
Union, Her Majesty’s Treasury or other applicable sanctions authorities to which the Borrower is subject, or (b) (i) the government of a Sanctioned Country, as defined by the applicable Executive Order and/or regulations administered
or enforced by OFAC or (ii) a person resident in a Sanctioned Country, to the extent such persons are the subject of a sanctions program administered or enforced by OFAC.  

“SEC” shall mean the Securities and Exchange Commission and any successor thereto. 

“Second Lien Intercreditor Agreement” shall mean, with respect to any Permitted Second Priority Refinancing Debt, a
customary intercreditor agreement substantially in the form of Exhibit G-3 hereto or such other form as is reasonably acceptable to the Administrative Agents, which agreement shall provide that the Liens securing such Indebtedness shall rank second
or otherwise subordinate to the Liens securing the Obligations. 
 “Secured Cash Management Obligations
Reserve” shall have the meaning set forth in Section 8.11(c).  
 “Securities Act” means the
Securities Act of 1933, as amended. 
 “Security Documents” shall mean, collectively, the Collateral
Agreement, the Collateral Trust Agreement, the Foreign Pledge Agreements, the Mortgages and all other security documents hereafter delivered to the Collateral Trustee granting a Lien on any property of any Person to secure the obligations and
liabilities of any Loan Party under any Loan Document. 
 “Senior Representatives” means, with respect to any
series of Permitted First Priority Refinancing Debt, Incremental Equivalent Debt, Permitted Second Priority Refinancing Debt, Refinancing Term Loans or Other Term Loans, the trustee, administrative agent, collateral agent, security agent or similar
agent under the indenture or other agreement pursuant to which such Indebtedness is issued, incurred or otherwise obtained, as the case may be, and each of their successors in such capacities. 

  
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 “Significant Shareholder” shall mean any beneficial holder or group of
affiliated beneficial holders of securities representing 30% or more of the voting power of the Borrower. 
 “Single
Employer Plan” shall mean any Plan that is covered by Title IV of ERISA, but that is not a Multiemployer Plan. 

“Specified Default” shall mean (x) any failure to pay any principal, interest, Letter of Credit Fees or
Commitment Fees due hereunder when due (for the avoidance of doubt, without giving effect to any grace periods provided for hereunder (including in Section 7.01)), (y) the occurrence of any event described in Section 7.01(f)(ii),
without giving effect to the existence of any of the 60 day cure periods referred to in such section and (z) any failure to comply with Section 5.10, 5.11 or 5.12, in each case without giving effect to any grace period provided for
hereunder (including in Section 7.01). 
 “Specified Divestiture” shall mean each Disposition or proposed
Disposition consisting of the sale by the Borrower and its Restricted Subsidiaries of assets related to those entities set forth on Schedule 1.01I, including any manufacturing equipment related thereto. 

“Specified Equity Contribution” shall have the meaning set forth in Section 7.02. 

“Specified Indebtedness” shall mean, on any date or for any period, (i) Intercompany Loans,
(ii) Indebtedness described in clause (f) of the definition thereof, so long as such Indebtedness is contingent and (iii) any Indebtedness described in clause (j) of the definition thereof and Indebtedness permitted under
Sections 6.02(i), 6.02(k) and 6.02(m), unless any such Indebtedness described in this clause (iii) would be required to be reflected as debt on the consolidated balance sheet of the Borrower on such date and the payments associated therewith
would be required to be included as interest expense on the consolidated income statement of the Borrower for such period, in each case in accordance with GAAP.  

“Springing Maturity Date” shall have the meaning set forth in the definition of “Revolving Credit Maturity
Date”. 
 “Standard Securitization Undertakings” shall mean representations, warranties, covenants and
indemnities entered into by the Borrower or any Subsidiary thereof in connection with the Permitted Receivables Facility which are reasonably customary in an accounts receivable financing transaction. 

“Statutory Reserves” shall mean on any date the percentage (expressed as a decimal) established by the Board and any
other banking authority which is the then stated maximum rate for all reserves (including but not limited to any emergency, supplemental or other marginal reserve requirements) applicable to any member bank of the Federal Reserve System in respect
of Eurocurrency Liabilities (or any successor category of liabilities under Regulation D issued by the Board, as in effect from time to time). Such reserve percentages shall include, without limitation, those imposed pursuant to said Regulation. The
Statutory Reserves shall be adjusted automatically on and as of the effective date of any change in such percentage. 

  
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 “Subsidiary” shall mean, with respect to any Person (referred to in this
definition as the “parent”), any corporation, association or other business entity (whether now existing or hereafter organized) of which at least a majority of the securities or other ownership interests having ordinary voting power for
the election of directors is, at the time as of which any determination is being made, owned or controlled by the parent or one or more subsidiaries of the parent. Unless otherwise qualified, all references to a “Subsidiary” or to
“Subsidiaries” in this Agreement shall refer to a Subsidiary or Subsidiaries of the Borrower. 
 “Successor
Borrower” shall have the meaning assigned thereto in Section 6.04(a). 
 “Super-majority Revolving Credit
Lenders” shall mean at any time, Revolving Credit Lenders holding in excess of 66 2/3% of the Total Revolving Credit Commitment (or, if the Total Revolving Credit Commitment shall have terminated, in excess of 66 2/3% of the Total Revolving
Credit Usage) at such time. 
 “Supplies” shall mean film, packaging and/or shipping supplies or materials
not otherwise directly used in the production of Finished Goods. 
 “Swap Agreement” shall mean 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 any similar transaction or any combination of these transactions; 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 any Group Member shall be a “Swap Agreement”. 

“Swap Termination Value” shall mean, in respect of all Hedging Agreements with a Designated Hedging Counterparty,
after taking into account the effect of any legally enforceable netting agreement relating to such Hedging Agreements, (a) for any date on or after the date such Hedging Agreements have been closed out and termination values determined in
accordance therewith, such aggregate net termination values (to the extent unpaid), and (b) for any date prior to the date referenced in clause (a), the amounts determined as the aggregate net mark-to-market value for such Hedging Agreements,
as determined based upon one or more mid-market or other readily available quotations provided by any recognized dealer in such Hedging Agreements (which may include a Revolving Credit Lender or any Affiliate of a Revolving Credit Lender),
provided that, in the case of each of clause (a) and (b), to the extent such aggregate value is in favor of such Designated Hedging Counterparty (i.e., the party other than the applicable Loan Party) the Swap Termination
Value shall be negative and to the extent such aggregate value is in favor of the Loan Party the Swap Termination Value shall be positive.  

“Sweep Period” shall mean each period (A) commencing on the first date following the 2014 Amendment Effective
Date (or the last day of the prior Sweep Period) on which Revolving Credit Facility Availability is less than the Threshold Amount, and continuing thereafter until the first date on which Revolving Credit Facility Availability shall have been
greater than the Threshold Amount for the immediately preceding 30 consecutive days and (B) during which an Event of Default has occurred and is continuing. 

  
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 “Tax Allocation Agreement” shall mean the Tax Allocation Agreement in the
form delivered to the Revolving Administrative Agent on the 2013 Amendment Effective Date, by and among American Entertainment Properties Corp., a Delaware corporation, FMC and the Subsidiaries party thereto, as amended, restated, supplemented,
renewed, extended or otherwise modified to the extent permitted pursuant to Section 6.10. 
 “Tax Amount”
means, for any taxable period (or portion thereof) in which the Borrower (or FMC) is not subject to the Tax Allocation Agreement, the combined federal, state and local income taxes, including estimated taxes, that would be payable by the Borrower if
it were a Delaware corporation filing separate tax returns with respect to the Taxable Income for such period; provided, that in determining the Tax Amount, the effect thereon of any net operating loss carryforwards or other carryforwards or tax
attributes, such as alternative minimum tax carryforwards, that would have arisen if Borrower were a Delaware corporation (but assuming these assets are carried forward in their entirety, notwithstanding any rule permitting carrybacks) shall be
taken into account, subject to any limitations on the utilization of any such carryforwards or attributes imposed by law; provided further that (i) if there is an adjustment in the amount of the taxable income for any period, an appropriate
positive or negative adjustment shall be made in the Tax Amount, (ii) the Tax Amount shall be reduced by any amounts paid directly by the Borrower with respect to its tax liability and (iii) any Tax Amount other than amounts relating to
estimated taxes shall be computed by a nationally recognized accounting firm (but, including in any event, the Borrower’s auditors). 

“Taxable Income” shall mean, for any period, the taxable income or loss of the Borrower and its direct and indirect
subsidiaries for such period for federal, state and local income tax purposes. 
 “Tax Restructuring” shall
mean (a) the transactions set forth in Schedule 1.01H and (b) any additional transactions to restructure the Borrower’s foreign operations after the 2014 Amendment Effective Date so long as (i) the Borrower shall have provided
all information relating to such additional transactions under this clause (b) as the Administrative Agents shall have requested and (ii) consummation of such additional transactions under this clause (b) shall not have an impact that
is material and adverse on the structure or the value of the Collateral set forth in Schedule 1.01H, in each case as determined by the Administrative Agents in their reasonable credit judgment. 

“Taxes” shall mean all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup
withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto. 

“Term Administrative Agent” shall mean (a) with respect to matters involving the Tranche B Term Facility, Tranche
B Term Loans, the Tranche B Commitments or the Tranche B Term Lenders, the Tranche B Term Administrative Agent, (b) with respect to matters involving the Tranche C Term Facility, the Tranche C Term Loans, the Tranche C Commitments or the
Tranche C Term Lenders, the Tranche C Term Administrative Agent, (c) with respect to matters involving the PP&E Collateral, the Tranche B Term Administrative Agent and the Tranche C Term Administrative Agent acting collectively or
(d) otherwise, the Tranche B Term Administrative Agent or the Tranche C Term Administrative Agent or both of them acting collectively, as the context may require.  

  
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 “Term Borrowing” shall mean a borrowing consisting of simultaneous Term
Loans of the same Class and Type and, in the case of Eurodollar Loans, having the same Interest Period made by each of the Term Loan Lenders of the applicable Class pursuant to Section 2.01(a). 

“Term Facility” shall mean, collectively, the Tranche B Term Facility and the Tranche C Facility. 

“Term Loan Commitment” shall mean the Tranche B Commitments and the Tranche C Commitments. 

“Term Loan Lender” shall mean, at any time, any Lender that has a Tranche B Commitment, a Tranche C Commitment or an
outstanding Term Loan at such time. 
 “Term Loans” shall mean the Tranche B Term Loans, Tranche C Term
Loans, any Other Term Loans, any Incremental Term Loans and any Refinancing Term Loans, and shall include any of the foregoing the maturity of which has been extended pursuant to Section 2.30. 

“Term Refinancing Facilities Consent” shall have the meaning set forth in Section 9.18(a). 

“Termination Event” shall mean (a) a Reportable Event, as such term is described in Section 4043 of ERISA
and the regulations issued thereunder (other than a “reportable event” not subject to the provision for 30-day notice to the PBGC under Section 4043 of ERISA or such regulations) or an event described in Section 4068 of ERISA
excluding events described in Section 4043(c)(9) of ERISA or 29 CFR §§ 2615.21 or 2615.23, or (b) the withdrawal of the Borrower or any ERISA Affiliate from any Plan or Multiple Employer Plan during a plan year in which it was a
“substantial employer”, as such term is defined in Section 4001(c) of ERISA, or the incurrence of liability by the Borrower or any ERISA Affiliate under Section 4064 of ERISA upon the termination of a Multiemployer Plan, or
(c) providing notice of intent to terminate a Plan or a Multiple Employer Plan pursuant to Section 4041(c) of ERISA or the treatment of a Plan amendment as a termination under Section 4041 of ERISA, or (d) the institution of
proceedings to terminate a Plan or a Multiemployer Plan by the PBGC under Section 4042 of ERISA, or (e) any other event or condition which would reasonably be expected to constitute grounds under Section 4042 of ERISA for the
termination of, or the appointment of a trustee to administer, any Multiemployer Plan, or the imposition of any liability under Title IV of ERISA (other than for the payment of premiums to the PBGC). 

“Threshold Amount” shall mean an amount, at any time, equal to the greater of (a) the lesser of (i) 10% of
the aggregate Revolving Credit Commitments at such time and (ii) 10% of the Borrowing Base then in effect and (b) $55,000,000. 

“Title Insurance Company” shall mean any title insurance company reasonably satisfactory to the Collateral Trustee.

  
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 “Total Net Leverage Ratio” shall mean, on any date, the ratio of
(a) Consolidated Total Debt on such date, less the aggregate amount of unrestricted cash and Cash Equivalents of the Group Members on such date to (b) Consolidated EBITDA for the period of four consecutive fiscal
quarters most recently ended prior to such date for which financial statements have been delivered pursuant to Section 5.01(a) or 5.01(b), as applicable. 

“Total Net Secured Leverage Ratio” shall mean, as of the last day of any period of four consecutive fiscal quarters, the
ratio of (a) the portion of Consolidated Senior Debt on such day that is secured by Liens on the Collateral (including any Incremental Equivalent Debt and any Refinancing Indebtedness, but excluding any such Consolidated Senior Debt that is
secured by Liens on the Collateral that are junior to the Liens securing the Obligations pursuant to a Second Lien Intercreditor Agreement or other written agreement reasonably acceptable to the Administrative Agents), less the
lesser of (i) the aggregate amount of unrestricted cash and Cash Equivalents of the Group Members on such day and (ii) $500,000,000, to (b) Consolidated EBITDA for the period of four consecutive fiscal quarters most recently ended
prior to such date for which financial statements have been delivered pursuant to Section 5.01(a) or 5.01(b), as applicable; provided that for purposes of determining the Total Net Secured Leverage Ratio for purposes of the
definition of “Incremental Cap”, all Incremental Equivalent Debt and any Refinancing Indebtedness in respect thereof shall be deemed secured by Liens on the Collateral that are not junior to the Liens securing the Obligations, whether or
not so secured. 
 “Total Revolving Credit Commitment” shall mean, at any time, the sum of the Revolving
Credit Commitments of all Revolving Credit Lenders at such time. The Total Revolving Credit Commitment shall be $550,000,000 on the 2013 Amendment Effective Date, as such amount may be adjusted from time to time in accordance with the terms of this
Agreement. 
 “Total Revolving Credit Usage” shall mean, at any time, the sum of the aggregate principal
amount of the Revolving Credit Loans then outstanding plus the then aggregate Letter of Credit Outstandings. 
 “Total
Term Loan Commitment” shall mean, at any time, the sum of (i) the Total Tranche B Commitment and (ii) the Total Tranche C Commitment at such time. The Total Term Loan Commitment shall be $2,600,000,000 on the 2014 Amendment
Effective Date. 
 “Total Tranche B Commitment” shall mean, at any time, the sum of the Tranche B Commitments
at such time. The Total Tranche B Commitments shall be $700,000,000 on the 2014 Amendment Effective Date. 
 “Total
Tranche C Commitment” shall mean, at any time, the sum of the Tranche C Commitments at such time. The Total Tranche C Commitments shall be $1,900,000,000 on the 2014 Amendment Effective Date. 

“Tranche B Commitment” shall mean, with respect to each Tranche B Lender, its obligation, if any, to make Term Loans to the
Borrower pursuant to Section 2.01(a)(i), in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on Annex A-1 under the caption “Tranche B Term Commitment” or in the Assignment and Assumption
pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be reduced from time to time pursuant to Section 2.12 or otherwise adjusted from time to time in accordance with this Agreement. 

  
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 “Tranche B Lender” shall mean a Lender with a Tranche B Commitment or an
outstanding Tranche B Term Loan.  
 “Tranche B Maturity Date” shall mean April 15, 2018. 

“Tranche B Term Administrative Agent” shall have the meaning set forth in the introductory paragraph to this
Agreement. 
 “Tranche B Term Facility” shall mean the Tranche B Commitments and the Tranche B Term Loans made
thereunder. 
 “Tranche B Term Loans” shall have the meaning set forth in Section 2.01(a)(i). 

“Tranche C Commitment” shall mean, with respect to each Tranche C Lender, its obligation, if any, to make Term Loans
to the Borrower pursuant to Section 2.01(a)(ii), in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on Annex A-2 under the caption “Tranche C Term Commitment” or in the Assignment and
Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be reduced from time to time pursuant to Section 2.12 or otherwise adjusted from time to time in accordance with this Agreement. 

“Tranche C Lender” shall mean a Lender with a Tranche C Commitment or an outstanding Tranche C Term Loan.  

“Tranche C Maturity Date” shall mean April 15, 2021. 

“Tranche C Term Administrative Agent” shall have the meaning set forth in the introductory paragraph to this
Agreement. 
 “Tranche C Term Facility” shall mean the Tranche C Commitments and the Tranche C Term Loans made
thereunder. 
 “Tranche C Term Loans” shall have the meaning set forth in Section 2.01(a)(ii).  

“Transformative Acquisition” means any acquisition by the Borrower or any Restricted Subsidiary that (a) would
not be a Permitted Acquisition immediately prior to the consummation of such acquisition or (b) if it would be a Permitted Acquisition immediately prior to the consummation of such acquisition, would not provide the Borrower and its Restricted
Subsidiaries with adequate flexibility under this Agreement for the continuation and/or expansion of their combined operations following such consummation, as determined in good faith by the Borrower. 

“Type” when used in respect of any Loan or Borrowing shall refer to the Rate of interest by reference to which
interest on such Loan or on the Loans comprising such Borrowing is determined. For purposes hereof, “Rate” shall mean the Adjusted LIBOR Rate and the Alternate Base Rate. 

  
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 “UCC” shall have the meaning set forth in the Collateral Trust
Agreement. 
 “Unfinanced Capital Expenditures” shall mean, for any period, the Capital Expenditures of the
Group Members during such period, which Capital Expenditures are not financed from the proceeds of any Indebtedness (other than the Revolving Credit Loans, it being understood and agreed that, to the extent financed with Revolving Credit Loans, such
Capital Expenditures shall be deemed Unfinanced Capital Expenditures) or Equity Proceeds. 
 “United States”
shall mean the United States of America. 
 “Unrestricted Subsidiary” shall mean (a) each Subsidiary of
the Borrower listed on Schedule 1.01J, (b) each Subsidiary of a Loan Party designated by such Loan Party as an Unrestricted Subsidiary pursuant to Section 5.15 subsequent to the 2014 Amendment Effective Date and (c) a Subsidiary
of an Unrestricted Subsidiary, in each case until such Unrestricted Subsidiary becomes a Restricted Subsidiary in accordance with Section 5.15; provided that in no event shall FMC be an Unrestricted Subsidiary.  

“Unused Total Revolving Credit Commitment” shall mean, at any time, (i) the Total Revolving Credit Commitment
less (ii) the Total Revolving Credit Usage, in each case at such time. 
 “U. S. Borrower” means any Borrower
that is a U. S. Person. 
 “U.S. Person” means any Person that is a “United States Person” as defined in
Section 7701(a)(30) of the Code. 
 “U.S. Tax Compliance Certificate” has the meaning assigned to such
term in Section 2.21(g). 
 “Weighted Average Life to Maturity” shall mean, when applied to any Indebtedness
at any date, the number of years obtained by dividing: (i) the sum of the products obtained by multiplying (a) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal, including
payment at final maturity, in respect thereof, by (b) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment by (ii) the then outstanding principal amount of such
Indebtedness. 
 “Wholly Owned Subsidiary” shall mean, as to any Person, any other Person all of the Capital
Stock of which (other than directors’ qualifying shares required by law) is owned by such Person directly and/or through other Wholly Owned Subsidiaries. 

“Wholly Owned Subsidiary Guarantor” shall mean any Guarantor that is a Wholly Owned Subsidiary of the Borrower.

 “Withholding Agent” means any Loan Party and any Administrative Agent. 

  
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 “Work-in-Process” shall mean goods to be sold by the Loan Parties in the
ordinary course of business, which are currently in the process of being manufactured. 
 Section 1.02. Terms Generally.
The definitions in Section 1.01 shall apply equally to both the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. References
to agreements or other Contractual Obligations shall, unless otherwise specified, be deemed to refer to such agreements, or other Contractual Obligations, as amended, restated, supplemented or otherwise modified from time to time. All references
herein to Sections, Exhibits and Schedules shall be deemed references to Sections of, and Exhibits and Schedules to, this Agreement unless expressly indicated otherwise or the context shall otherwise require. The words “include”,
“includes” and “including” shall be deemed to be followed by the phrase “without limitation”. The word “will” shall be construed to have the same meaning and effect as the word “shall”. 

Section 1.03. Accounting Terms; GAAP. Except as otherwise expressly provided herein, all terms of an accounting or financial
nature shall be construed in accordance with GAAP, as in effect from time to time; provided, however, that (a) for purposes of determining compliance with any covenant set forth in Article VI, such terms shall be construed in
accordance with GAAP as in effect on the date of this Agreement applied on a basis consistent with the application used in the Borrower’s audited financial statements referred to in Section 3.01(b) and (b) if the Borrower notifies the
Administrative Agents that the Borrower requests an amendment to any provision (including any definition) hereof to eliminate the effect of any change occurring after the date hereof in GAAP or in the application thereof on the operation of such
provision (or if the Administrative Agents notify the Borrower that the Required Lenders request an amendment to any provision hereof for such purpose), regardless of whether any such notice is given before or after such change in GAAP or in the
application thereof, then such provision shall be interpreted on the basis of GAAP as in effect and applied immediately before such change shall have become effective until such notice shall have been withdrawn or such provision amended in
accordance herewith. Notwithstanding any other provision contained herein, all terms of an accounting or financial nature used herein shall be construed, and all computations of amounts and ratios referred to herein shall be made, without giving
effect to any election under Statement of Financial Accounting Standards 159, The Fair Value Option for Financial Assets and Financial Liabilities, or any successor thereto (including pursuant to Accounting Standard Codifications), to value any
Indebtedness of the Borrower or any Subsidiary at “fair value”, as defined therein. 
 ARTICLE II 

AMOUNT AND TERMS OF CREDIT 

Section 2.01. The Loans. 

(a) The Term Borrowings. Subject to the terms and conditions set forth herein and in the 2014 Term Facility Amendment,
(i) each Tranche B Lender severally agrees to make one or more loans (each such loan, a “Tranche B Term Loan”) to the Borrower on the 2014 Amendment Effective Date in an aggregate amount not to exceed such Tranche B
Lender’s Tranche B Commitment and (ii) each Tranche C Lender severally agrees to make to make one or more loans (each such loan, a “Tranche C Term Loan”) to the Borrower on the 2014

  
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Amendment Effective Date in an aggregate amount not to exceed such Tranche C Lender’s Tranche C Commitment. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be
reborrowed. Term Loans may be ABR Loans or Eurodollar Loans, as further provided herein. 
 (b) The Revolving Credit
Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender severally agrees to make loans to the Borrower (each such loan, a “Revolving Credit Loan”) from time to time, on any Business Day during
the Revolving Credit Availability Period, in an aggregate principal amount outstanding at any time not to exceed, when added to such Revolving Credit Lender’s Class Percentage of the then aggregate Letter of Credit Outstandings, the amount of
such Lender’s Revolving Credit Commitment. At no time shall the Total Revolving Credit Usage exceed the Total Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitment, and subject to the other terms and
conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.17 and reborrow under this Section 2.01(b). Revolving Credit Loans may be ABR Loans or Eurodollar Loans, as further provided herein. 

Section 2.02. Borrowing Base. Notwithstanding any other provision of this Agreement to the contrary, the Total Revolving Credit
Usage shall not at any time exceed the lesser of (a) the Total Revolving Credit Commitment and (b) the Borrowing Base, and no Revolving Credit Loan shall be made or Letter of Credit issued in violation of the foregoing. 

Section 2.03. Making of Loans. 

(a) Except as contemplated by Section 2.13, Term Loans and Revolving Credit Loans shall be either ABR Loans or Eurodollar
Loans as the Borrower may request subject to and in accordance with this Section 2.03; provided that all Term Loans made pursuant to the same Term Borrowing and all Revolving Credit Loans made pursuant to the same Revolving Credit
Borrowing shall, unless otherwise specifically provided herein, be Term Loans or Revolving Credit Loans, as applicable, of the same Type. Each Lender may fulfill its Commitment of any Class with respect to any Eurodollar Loan or ABR Loan by causing
any lending office of such Lender to make such Loan; provided that any such use of a lending office shall not affect the obligation of the Borrower to repay such Loan in accordance with the terms of this Agreement. Each Lender shall, subject
to its overall policy considerations, use reasonable efforts (but shall not be obligated) to select a lending office which will not result in the payment of increased costs or Taxes by the Borrower pursuant to Sections 2.18 or 2.21. No more than
fifteen (15) Borrowings of Eurodollar Loans may be outstanding at any time. 
 (b) The Borrower shall give the
Applicable Administrative Agent prior written, telex, facsimile or telephonic (confirmed promptly in writing) notice of each Term Borrowing and Revolving Credit Borrowing hereunder (other than an Refunding Borrowing) of at least three
(3) Business Days for Eurodollar Loans. Borrowings of ABR Loans may be made on same day notice so long as the Applicable Administrative Agent shall have been given notice thereof not later than 11:00 a.m. on the date of the proposed Borrowing.
Such notice shall be irrevocable and shall (i) specify the Class of the proposed Borrowing, (ii) specify the amount of the proposed Borrowing (which shall be in a minimum amount of $5,000,000 in the case of a Revolving Credit Borrowing and
in an amount which is an integral multiple of $1,000,000, 

  
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(iii) specify the date of the proposed Borrowing, and (iv) contain disbursement instructions. Such notice, to be effective, must be received by the Applicable Administrative Agent not later
than 12:00 noon, New York City time, on the third Business Day in the case of Eurodollar Loans and the first Business Day in the case of ABR Loans, preceding the date on which such Borrowing is to be made. Such notice shall specify whether the
Borrowing then being requested is to be a Borrowing of ABR Loans or Eurodollar Loans. If no election is made as to the Type of Loan, such notice shall be deemed a request for a Borrowing of ABR Loans. Each Borrowing of any Class shall be made
ratably from the Lenders of such Class in accordance with their respective Commitments of such Class. The Applicable Administrative Agent shall promptly notify each Lender of the relevant Class of its proportionate share of such Borrowing, the date
of such Borrowing, the Type of Borrowing being requested and the Interest Period or Interest Periods applicable thereto, as appropriate. On the Borrowing date specified in such notice, each Lender of the relevant Class shall make its share of the
Borrowing available at the office of the Applicable Administrative Agent at such address specified by the Applicable Administrative Agent, no later than 12:00 noon, New York City time, in immediately available funds. Upon receipt of the funds made
available by the Lenders to fund any Borrowing hereunder, the Applicable Administrative Agent shall disburse such funds in the manner specified in the notice of Borrowing delivered by the Borrower. 

Section 2.04. [Reserved]. 

Section 2.05. Letters of Credit. 

(a) On the 2014 Amendment Effective Date, all Existing Term Letters of Credit shall be automatically deemed to have been issued
as Letters of Credit under this Agreement and shall thereafter constitute Letters of Credit for all purposes of this Agreement and the other Loan Documents. For the avoidance of doubt, all Letters of Credit outstanding on the 2014 Amendment
Effective Date shall remain outstanding as Letters of Credit under this Agreement. 
 (b) (i) Upon the terms and subject
to the conditions herein set forth, the Borrower may request the applicable Fronting Bank, at any time and from time to time during the Revolving Credit Availability Period, to issue, and, subject to the terms and conditions contained herein, the
Fronting Bank shall issue, for the account of the Borrower one or more Letters of Credit in support of obligations of the Borrower or one or more Subsidiaries; provided that no Letter of Credit shall be issued if after giving effect to such issuance
(A) the aggregate Letter of Credit Outstandings would exceed $150,000,000, (B) the Total Revolving Credit Usage would exceed the lesser of (x) the Total Revolving Credit Commitment and (y) the Borrowing Base or (C) the
Letter of Credit Outstandings with respect to all Letters of Credit issued by such Fronting Bank would exceed the Fronting Sublimit of such Fronting Bank, and provided further that no Letter of Credit shall be issued if such Fronting Bank
shall have received notice from the Revolving Administrative Agent or the Required Revolving Credit Lenders that the conditions to such issuance have not been met. 

(ii) [Reserved]. 

  
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 (c) No Letter of Credit shall expire later than the earlier of (i) without
giving effect to any automatic renewal provision thereof, one year from the issuance thereof, and (ii) five (5) days before the Revolving Credit Maturity Date; provided that if the Revolving Credit Maturity Date (or the earlier date
of termination of the Total Revolving Credit Commitment) shall occur prior to the expiration of any Letter of Credit the Borrower shall, at or prior to such date, except as the Revolving Administrative Agent may otherwise agree in writing,
(i) cause all Letters of Credit which expire after such date to be returned to the applicable Fronting Bank undrawn and marked “canceled” or (ii) either (x) provide a “back-to-back” letter of credit to such
Fronting Bank in a form reasonably satisfactory to such Fronting Bank (in its reasonable credit judgment), issued by a bank reasonably satisfactory to such Fronting Bank (in its reasonable credit judgment), in an amount equal to 105% of the then
undrawn stated amount of all outstanding Letters of Credit issued by such Fronting Bank and/or (y) deposit cash in the Letter of Credit Account for the Letters of Credit in an amount which, together with any amounts then held in the Letter of
Credit Account, is equal to 105% of the then undrawn stated amount of all Letter of Credit Outstandings, as collateral security for the Borrower’s reimbursement obligations in connection therewith, such cash to be remitted to the Borrower upon
the expiration, cancellation or other termination or satisfaction of such reimbursement obligations. 
 (d) The Borrower
shall pay to the applicable Fronting Bank, in addition to such other fees and charges as are specifically provided for in Section 2.24 hereof, such fees and charges in connection with the issuance and processing of the Letters of Credit issued
by such Fronting Bank as are customarily imposed by such Fronting Bank from time to time in connection with letter of credit transactions. 

(e) The applicable Fronting Bank shall notify the Borrower of each draft drawn under a Letter of Credit. Drafts drawn under
each Letter of Credit shall be reimbursed by the Borrower in Dollars (and, in the case of any Letter of Credit denominated in an Alternative Currency, in an amount equal to the Dollar Equivalent of such draft) not later than the first Business Day
following the date on which the Borrower receives notice from such Fronting Bank of a draw and shall bear interest (1) from the date of draw until the first Business Day following the date on which the Borrower receives notice from the Fronting
Bank of a draw at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin with respect to Revolving Credit Loans and (2) thereafter until reimbursed in full at a rate per annum equal to the Alternate Base Rate plus the
Applicable Margin with respect to Revolving Credit Loans plus 2% computed on the basis of the actual number of days elapsed over a year of 360 days. The Borrower shall effect such reimbursement (x) if such draft is drawn prior to the Revolving
Credit Maturity Date (or the earlier date of termination of the Total Revolving Credit Commitment), in cash or through a Revolving Credit Borrowing (an “Refunding Borrowing”) without the satisfaction of the conditions precedent set
forth in Section 4.02 or (y) if such draft is drawn on or after the Revolving Credit Maturity Date (or the earlier date of termination of the Total Revolving Credit Commitment), in cash. Each Revolving Credit Lender agrees to make the
Revolving Credit Loans pursuant to any Revolving Credit Borrowing described in clause (x) of the immediately preceding sentence notwithstanding a failure to satisfy the applicable lending conditions thereto or the provisions of
Section 2.01 or Section 2.27. 
 (f) Immediately upon the issuance (or deemed issuance) of any Letter of Credit by
the applicable Fronting Bank, such Fronting Bank shall be deemed to have sold to each Revolving Credit Lender and each such Revolving Credit Lender shall be deemed 

  
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unconditionally and irrevocably to have purchased from such Fronting Bank, without recourse or warranty, an undivided interest and participation, to the extent of such Revolving Credit
Lender’s Class Percentage, in such Letter of Credit, each drawing thereunder and the obligations of the Borrower under this Agreement with respect thereto. Upon any change in the Revolving Credit Commitments pursuant to Section 9.03(b) or
pursuant to a Replacement Revolving Credit Facility, it is hereby agreed that with respect to all Letter of Credit Outstandings, there shall be an automatic adjustment to the participations hereby created to reflect the new Class Percentage of the
assigning and assignee Revolving Credit Lenders. Any action taken or omitted by the applicable Fronting Bank under or in connection with a Letter of Credit, if taken or omitted in the absence of gross negligence or willful misconduct, shall not
create for such Fronting Bank any resulting liability to any other Lender. 
 (g) In the event that the applicable Fronting
Bank makes any payment under any Letter of Credit and the Borrower shall not have reimbursed such amount in full to such Fronting Bank pursuant to this Section, such Fronting Bank shall promptly notify the Revolving Administrative Agent, which shall
promptly notify each Revolving Credit Lender of such failure, and each Revolving Credit Lender shall promptly and unconditionally pay to the Revolving Administrative Agent for the account of the applicable Fronting Bank the amount of such Revolving
Credit Lender’s Class Percentage of such unreimbursed payment in Dollars (determined, in the case of any Letter of Credit denominated in an Alternative Currency, on the date such draft is drawn) and in same day funds. If the applicable Fronting
Bank so notifies the Revolving Administrative Agent, and the Revolving Administrative Agent so notifies the Revolving Credit Lenders prior to 11:00 a.m. (New York City time) on any Business Day, then each of the Revolving Credit Lenders shall make
available to such Fronting Bank in Dollars such Revolving Credit Lender’s Class Percentage of the amount of such payment on such Business Day in same day funds. If and to the extent any Revolving Credit Lender shall not have so made its Class
Percentage of the amount of such payment available to the applicable Fronting Bank, such Lender agrees to pay to such Fronting Bank, forthwith on demand, such amount, together with interest thereon, for each day from such date until the date such
amount is paid to the Revolving Administrative Agent for the account of such Fronting Bank at the Federal Funds Rate. The failure of any Revolving Credit Lender to make available to such Fronting Bank its Class Percentage of any payment under any
Letter of Credit shall not relieve any other Revolving Credit Lender of its obligation hereunder to make available to the applicable Fronting Bank its Class Percentage of any payment under any Letter of Credit on the date required, as specified
above, but no other Lender shall be responsible for the failure of any Revolving Credit Lender to make available to such Fronting Bank such Revolving Credit Lender’s Class Percentage of any such payment. Whenever the applicable Fronting Bank
receives a payment of a reimbursement obligation with respect to an Letter of Credit as to which it has received any payments from the Revolving Credit Lenders pursuant to this paragraph, such Fronting Bank shall pay to each Revolving Credit Lender
which has paid its Class Percentage thereof, in Dollars and in same day funds, an amount equal to such Revolving Credit Lender’s Class Percentage thereof. 

(h) On each Calculation Date, the applicable Fronting Bank shall determine the Letter of Credit Outstandings and shall give the
Revolving Administrative Agent and the Borrower notice thereof. 

  
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 (i) The amendment, extension or renewal of a Letter of Credit or a request from
the Borrower therefor shall for purposes of this Agreement be deemed the issuance (or request therefor) of a Letter of Credit as so amended, extended or renewed. 

Section 2.06. Issuance. Whenever the Borrower desires the applicable Fronting Bank to issue an Letter of Credit, it shall give to
such Fronting Bank and the Revolving Administrative Agent at least two (2) Business Days’ prior written (including telegraphic, telex, facsimile or cable communication) notice (or such shorter period as may be agreed upon by the Revolving
Administrative Agent, the Borrower and such Fronting Bank) specifying the date on which the proposed Letter of Credit is to be issued (which shall be a Business Day), the stated amount of the Letter of Credit so requested, the expiration date of
such Letter of Credit, the name and address of the beneficiary thereof and, if such proposed Letter of Credit is to be denominated in an Alternative Currency, such Alternative Currency. 

Section 2.07. Nature of Letter of Credit Obligations Absolute. The Borrower’s reimbursement obligations with respect to
drawings made under any Letter of Credit shall be unconditional and irrevocable and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, including: (i) any lack of validity or enforceability of such
Letter of Credit; (ii) the existence of any claim, setoff, defense or other right which the Borrower may have at any time against a beneficiary of such Letter of Credit against any of the Revolving Credit Lenders, whether in connection with
this Agreement, the transactions contemplated herein or any unrelated transaction; (iii) any draft, demand, certificate or other document presented under a Letter of Credit proving to be forged, fraudulent, invalid or insufficient in any
respect or any statement therein being untrue or inaccurate in any respect; (iv) payment by the applicable Fronting Bank of any Letter of Credit against presentation of a demand, draft or certificate or other document which does not comply with
the terms of such Letter of Credit; (v) any other circumstance or happening whatsoever, which is similar to any of the foregoing; or (vi) the fact that any Event of Default shall have occurred and be continuing. Nothing in this
Section 2.07 shall be construed to limit any claim the Borrower may have against the applicable Fronting Bank for any direct damages suffered by the Borrower that are caused by such Fronting Bank’s gross negligence or willful misconduct in
the performance of its duties in such capacity. 
 Section 2.08. [Reserved]. 

Section 2.09. Repayment of Loans and Unreimbursed Draws; Evidence of Debt. 

(a) Tranche B Term Loans. The Borrower shall repay to the Tranche B Term Administrative Agent for the ratable account of
the Tranche B Lenders the aggregate principal amount of all Tranche B Term Loans in sixteen (16) consecutive quarterly installments, the first fifteen (15) of which shall be in the amount of 0.25% of the total funded Tranche B Term Loans
as of the 2014 Amendment Effective Date and the last of which shall be in the aggregate principal amount of such Tranche B Term Loans then outstanding. Each of the foregoing installments shall be reduced as a result of the application of prepayments
of the Tranche B Term Loans in accordance with the order of priority set forth in Section 2.16(e). Each such payment shall be made on the first Business Day of each April, July, October and January of each year, commencing October 1, 2014
(each, a “Quarterly Payment Date”); provided that the final principal repayment installment of the Tranche B Term Loans shall be made on the 

  
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Tranche B Maturity Date and in any event the final principal repayment installment with respect to the Tranche B Term Loans shall be in an amount equal to the aggregate principal amount of the
Tranche B Term Loans outstanding on the date of the applicable final principal repayment installment. 
 (b) Tranche C
Term Loans. The Borrower shall repay to the Tranche C Term Administrative Agent for the ratable account of the Tranche C Lenders the aggregate principal amount of all Tranche C Term Loans in twenty-eight (28) consecutive quarterly
installments, the first twenty-seven (27) of which shall be in the amount of 0.25% of the total funded Tranche C Term Loans as of the 2014 Amendment Effective Date and the last of which shall be in the aggregate principal amount of such Tranche
C Term Loans then outstanding. Each of the foregoing installments shall be reduced as a result of the application of prepayments of the Tranche C Term Loans in accordance with the order of priority set forth in Section 2.16(e). Each such
payment shall be made on each Quarterly Payment Date; provided that the final principal repayment installment of the Tranche C Term Loans shall be made on the Tranche C Maturity Date and in any event the final principal repayment installment with
respect to the Tranche C Term Loans shall be in an amount equal to the aggregate principal amount of the Tranche C Term Loans outstanding on the date of the applicable final principal repayment installment. 

(c) [Reserved]. 

(d) Revolving Credit Loans. The Borrower shall repay to the Revolving Administrative Agent for the ratable account of
the Revolving Credit Lenders on the Revolving Credit Maturity Date the aggregate principal amount of all of the Revolving Credit Loans outstanding on such date. 

(e) Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the Indebtedness of the
Borrower to such Lender resulting from each Loan made by such Lender or participation in each Letter of Credit in which such Lender is participating, including the amounts of principal and interest payable and paid to such Lender from time to time
hereunder. 
 (f) The Applicable Administrative Agent shall maintain accounts in which it shall record (i) the amount of
each Loan made hereunder, the Class and Type thereof and the Interest Period applicable thereto, (ii) the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder and
(iii) the amount of any sum received by the Applicable Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof. 

(g) The entries made in the accounts maintained pursuant to paragraph (e) or (f) of this Section shall be prima facie evidence
of the existence and amounts of the obligations recorded therein; provided that the failure of any Lender or an Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower
to repay the Loans or drafts drawn under any Letter of Credit in accordance with the terms of this Agreement. 

  
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 (h) Any Lender may request that Loans made by it be evidenced by a promissory
note. In such event, the Borrower shall execute and deliver to such Lender a promissory note payable to such Lender (or, if requested by such Lender, to such Lender and its registered assigns) in a form furnished by the Applicable Administrative
Agent and reasonably acceptable to the Borrower. 
 Section 2.10. Interest on Loans. 

(a) Subject to the provisions of Section 2.11, each ABR Loan shall bear interest (computed, for ABR Loans wherein the
Alternate Base Rate is determined by reference to the Federal Funds Rate or the Adjusted LIBOR Rate, on the basis of the actual number of days elapsed over a year of 360 days, and otherwise computed on the basis of the actual number of days elapsed
over a year of 365 days) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin. 
 (b) Subject to
the provisions of Section 2.11, each Eurodollar Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days) at a rate per annum equal, during each Interest Period applicable thereto, to the
Adjusted LIBOR Rate for such Interest Period in effect for such Borrowing plus the Applicable Margin. 
 (c) [Reserved]. 

(d) Accrued interest on all Loans shall be payable in arrears on each Interest Payment Date applicable thereto, at maturity
(whether by acceleration or otherwise), after such maturity on demand and upon any repayment or prepayment thereof (on the amount repaid or prepaid). 

(e) For purposes of clarification, the Applicable Margin with respect to any Term Loans for any portion of any Interest Period
or for any other period that occurs prior to the 2014 Amendment Effective Date shall, solely with respect to such portion of such Interest Period or other period, be the Applicable Margin (prior to giving effect to the 2014 Term Facility Amendment
Agreement). 
 Section 2.11. Default Interest. If the Borrower shall default in the payment of the principal of or interest on
any Loan or in the payment of any other amount becoming due hereunder (other than the reimbursement pursuant to Section 2.05(e) of any draft drawn under a Letter of Credit, which shall be governed by the provisions of such Section), whether at
stated maturity, by acceleration or otherwise, the Borrower shall on demand from time to time pay interest, to the extent permitted by law, on such defaulted amount up to (but not including) the date of actual payment (after as well as before
judgment) at a rate per annum (computed on the basis of the actual number of days elapsed over a year of 360 days) equal to 2% above the then applicable rate. 

Section 2.12. Termination or Reduction of Commitments. 

(a) Optional. Upon at least two (2) Business Days’ prior written notice to the Revolving Administrative Agent,
the Borrower may at any time (i) in whole permanently terminate, or from time to time in part permanently reduce, the Unused Total Revolving Credit Commitment or (ii) in whole permanently terminate, or from time to time in part permanently

  
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reduce, the Total Tranche B Commitment or the Total Tranche C Commitment. Each such reduction of the Unused Total Revolving Credit Commitment, the Total Tranche B Commitment or the Total Tranche
C Commitment shall be in the principal amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof. Any reduction or termination, as applicable, of the Unused Total Revolving Credit Commitment pursuant to this Section 2.12
shall be deemed to be a reduction or termination, as applicable, in the amount of such reduction or termination of the Total Revolving Credit Commitment and shall be applied pro rata to reduce the Revolving Credit Commitment of each Revolving Credit
Lender. Any reduction or termination, as applicable, of the Total Tranche B Commitment or the Total Tranche C Commitment pursuant to this Section 2.12 shall be applied pro rata to reduce the Total Tranche B Commitment or the Total Tranche C
Commitment of each Term Loan Lender, as the case may be. Simultaneously with each reduction or termination, as applicable, of the Unused Total Revolving Credit Commitment pursuant to this Section 2.12, the Borrower shall pay to the Revolving
Administrative Agent for the account of each Revolving Credit Lender the Commitment Fee accrued on the amount of the Unused Revolving Credit Commitment of such Lender so terminated or reduced through the date thereof. 

(b) Mandatory. On the date of the Term Borrowings to be made on the 2014 Amendment Effective Date, the Total Term Loan
Commitment shall be automatically and permanently reduced to $0. The Total Revolving Credit Commitment shall be automatically and permanently reduced to $0 and the Borrower shall pay the Revolving Credit Loans in full and, if any Letter of Credit
remains outstanding, comply with Section 2.05(c), in each case on the Revolving Credit Maturity Date. 
 Section 2.13.
Alternate Rate of Interest. In the event, and on each occasion, that on the day two (2) Business Days prior to the commencement of any Interest Period for a Eurodollar Loan, the Applicable Administrative Agent shall have determined
(which determination shall be conclusive and binding upon the Borrower absent manifest error) that reasonable means do not exist for ascertaining the applicable Adjusted LIBOR Rate, the Applicable Administrative Agent shall, as soon as practicable
thereafter, give written or email notice of such determination to the Borrower and the Lenders of the applicable Class, and any request by the Borrower for a Borrowing of Eurodollar Loans (including pursuant to a refinancing with Eurodollar Loans)
pursuant to Section 2.03 or 2.14 shall be deemed a request for a Borrowing of ABR Loans. After such notice shall have been given and until the circumstances giving rise to such notice no longer exist, each request for a Borrowing of Eurodollar
Loans shall be deemed to be a request for a Borrowing of ABR Loans. 
 Section 2.14. Refinancing of Loans. The Borrower shall
have the right, at any time, on three (3) Business Days’ prior irrevocable written notice to the Applicable Administrative Agent (which notice, to be effective, must be received by the Applicable Administrative Agent not later than 1:00
p.m., New York City time, on the third Business Day preceding the date of any refinancing), (x) to refinance (without the satisfaction of the conditions set forth in Section 4.02 or Section 6.01 as a condition to such refinancing) any
outstanding Borrowing or Borrowings of Loans of one Type (or a portion thereof) of any Class with a Borrowing of Loans of the other Type of such Class or (y) to continue an outstanding Borrowing of Eurodollar Loans of any Class for an
additional Interest Period, subject to the following: 

  
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 (a) as a condition to the refinancing of ABR Loans with Eurodollar Loans and to
the continuation of Eurodollar Loans for an additional Interest Period, no Event of Default shall have occurred and be continuing at the time of such refinancing; 

(b) if less than a full Borrowing of Loans shall be refinanced, such refinancing shall be made pro rata among the Lenders of
the relevant Class in accordance with the respective principal amounts of the Loans comprising such Borrowing held by such Lenders immediately prior to such refinancing; 

(c) the aggregate principal amount of Loans being refinanced shall be at least $5,000,000 or any integral multiple of
$1,000,000 in excess thereof; provided that no partial refinancing of a Borrowing of Eurodollar Loans shall result in the Eurodollar Loans remaining outstanding pursuant to such Borrowing being less than $5,000,000 in aggregate principal
amount; 
 (d) each Lender of the relevant Class shall effect each refinancing by applying the proceeds of its new Eurodollar
Loan or ABR Loan, as the case may be, to its Loan being refinanced; 
 (e) the Interest Period with respect to a Borrowing of
Eurodollar Loans effected by a refinancing or in respect to the Borrowing of Eurodollar Loans being continued as Eurodollar Loans shall commence on the date of refinancing or the expiration of the current Interest Period applicable to such
continuing Borrowing, as the case may be; 
 (f) unless the Borrower makes the reimbursement payment provided for under
Section 2.17(b), a Borrowing of Eurodollar Loans may be refinanced only on the last day of an Interest Period applicable thereto; 

(g) the Borrower shall not be entitled to refinance or continue an outstanding Term Borrowing of Eurodollar Term Loans of any
Class for an additional Interest Period if it would result in more than ten Term Borrowings of Eurodollar Term Loans outstanding under such Class of Term Loans at any one time; and 

(h) each request for a refinancing with a Borrowing of Eurodollar Loans which fails to state an applicable Interest Period
shall be deemed to be a request for an Interest Period of one month. 
 In the event that the Borrower shall not give notice to refinance any Borrowing of
Eurodollar Loans, or to continue such Borrowing as Eurodollar Loans, or shall not be entitled to refinance or continue such Borrowing as Eurodollar Loans, in each case as provided above, such Borrowing shall automatically be refinanced with a
Borrowing of ABR Loans at the expiration of the then-current Interest Period for such Borrowing. The Applicable Administrative Agent shall, after it receives notice from the Borrower, promptly give each Lender notice of any refinancing, in whole or
part, of any Loan made by such Lender. 

  
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 Section 2.15. Mandatory Prepayments of Revolving Credit Loans. 

(a) If at any time the aggregate principal amount of the outstanding Revolving Credit Loans plus the aggregate Letter of Credit
Outstandings exceeds the lesser of (x) the Total Revolving Credit Commitment and (y) the Borrowing Base, the Borrower will within one (1) Business Day (i) prepay the Revolving Credit Loans in an amount necessary to cause the
aggregate principal amount of the outstanding Revolving Credit Loans plus the aggregate Letter of Credit Outstandings, including unreimbursed draws, to be equal to or less than the lesser of (x) the Total Revolving Credit Commitment and
(y) the Borrowing Base, and (ii) if, after giving effect to the prepayment in full of the Revolving Credit Loans, the aggregate Letter of Credit Outstandings in excess of the amount of cash held in the Letter of Credit Account exceeds the
lesser of (x) the Total Revolving Credit Commitment or (y) the Borrowing Base, deposit into the Letter of Credit Account an amount equal to 105% of the amount by which the aggregate Letter of Credit Outstandings in excess of the amount of
cash held in the Letter of Credit Account so exceeds the lesser of (x) the Total Revolving Credit Commitment or (y) the Borrowing Base. Any such amount deposited in the Letter of Credit Account pursuant to this Section 2.15(a) shall,
unless an Event of Default has occurred and is continuing, be made available or refunded to the Borrower by the Revolving Administrative Agent to the extent at any time the lesser of (x) the Total Revolving Credit Commitment and (y) the
Borrowing Base exceeds the aggregate principal amount of the outstanding Revolving Credit Loans plus the aggregate Letter of Credit Outstandings. 

(b) Within three (3) Business Days of receipt by a Group Member of the Net Cash Proceeds of any Asset Sale or Recovery
Event that results from the sale or other disposition of Accounts that are Collateral or Inventory that is Collateral, an amount equal to 100% of such Net Cash Proceeds shall be applied to prepay the Revolving Credit Loans then outstanding. No
prepayment made pursuant to this Section 2.15(b) shall reduce the Total Revolving Credit Commitment, and amounts prepaid pursuant to this Section 2.15(b) may be reborrowed, subject to the other terms and conditions hereof. 

(c) Without duplication of any prepayment of the Revolving Credit Loans made pursuant to Section 2.15(a) or 2.15(b), at
the close of each Business Day during each Sweep Period the Revolving Administrative Agent shall apply any amounts then on deposit in the Concentration Account to prepay the Revolving Credit Loans then outstanding, subject to the provisions of
Sections 2.20(b) and 2.20(c), and the Borrower hereby authorizes the Revolving Administrative Agent to do so. No prepayment made pursuant to this Section 2.15(c) shall reduce the Total Revolving Credit Commitment, and amounts prepaid pursuant
to this Section 2.15(c) may be reborrowed, subject to the other terms and conditions hereof. 
 Section 2.16. Mandatory
Prepayments of Term Loans. 
 (a) The Borrower shall apply an amount equal to 100% of the Net Cash Proceeds of any
incurrence of Indebtedness of any Loan Party (excluding any Indebtedness permitted to be incurred under Section 6.02 (other than clause (i) of Section 6.02(aa)) to the prepayment of the Term Loans as set forth in Section 2.16(e)
on the date of such incurrence. 
 (b) Subject to Section 2.16(f), not later than ten (10) Business Days following
the receipt by a Group Member of the Net Cash Proceeds of any Asset Sale or Recovery Event that results from the sale or other disposition of, or payment with respect to, any of the PP&E 

  
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Collateral, an amount equal to 100% of such Net Cash Proceeds shall be applied to the prepayment of the Term Loans as set forth in Section 2.16(e); provided that no prepayment of the
Term Loans shall be required to be made pursuant to this subsection until the amount of Net Cash Proceeds to be applied to make such prepayment is at least equal to $10,000,000; provided further that no payment under this Section shall be
required to the extent the Borrower uses all or a specified portion of the Net Cash Proceeds of an Asset Sale or Recovery Event to make a Permitted Net Cash Proceeds Reinvestment. On each Reinvestment Prepayment Date, an amount equal to the
Reinvestment Prepayment Amount with respect to the relevant Reinvestment Event shall be applied to the prepayment of the Term Loans as set forth in Section 2.16(e). 

(c) Commencing with the fiscal year of the Borrower ending December 31, 2014, an amount equal to (i) the ECF
Prepayment Percentage of the Excess Cash Flow for each fiscal year of the Borrower minus (ii) the aggregate principal amount of all Term Loans voluntarily prepaid by the Borrower pursuant to Section 2.17 during such fiscal year (the
“Applicable ECF Amount”) shall be applied to the prepayment of the Term Loans as set forth in Section 2.16(e) on the Prepayment Application Date; provided that so long as (i) no Default or Event of Default shall
then exist or would arise therefrom and (ii) the Total Net Secured Leverage Ratio as of the last day of such fiscal year is not greater than 4.25:1.00, up to 50% of such Excess Cash Flow that would have been required to be applied to prepay the
Term Loans shall not be required to be so applied on the Prepayment Application Date to the extent that on or prior to such Prepayment Application Date, the Borrower shall have delivered an officer’s certificate of a Financial Officer to the
Term Administrative Agents stating that the Borrower and/or its Restricted Subsidiaries reasonably intend to reinvest such amount of Excess Cash Flow (without duplication to any amounts specified for such Excess Cash Flow Period pursuant to clause
(b)(x) of the definition of Excess Cash Flow), within 12 months following the last day of the most recently ended fiscal year, in Capital Expenditures permitted hereunder or Investments permitted to be made under Section 6.08 in Restricted
Subsidiaries for purposes of the making of Capital Expenditures (which officer’s certificate shall set forth in reasonable detail the estimates of the Excess Cash Flow intended to be reinvested). 

(d) [Reserved]. 

(e) Any amount of Net Cash Proceeds, any Applicable ECF Amount of the Excess Cash Flow or any other amount required to be
applied to the prepayment of the Term Loans pursuant to this Section 2.16 shall be allocated (i) ratably to each Class of Term Loan and (ii) ratably among the Term Loan Lenders of each such Class in accordance with their respective
Term Loans of such Class. Each prepayment of Term Loans of a Class made pursuant to this Section 2.16 shall be applied to reduce ratably the then remaining principal repayment installments of the Term Loans of such Class (including the final
installment of such Term Loans due on the Tranche B Maturity Date or Tranche C Maturity Date, as applicable), except to the extent that any applicable amendment in connection with a refinancing pursuant to Section 2.31 or, to the extent
permitted under Section 2.32, any Incremental Assumption Agreement for any Class of Term Loans provides that the Term Loans made pursuant thereto shall be entitled to less than pro rata treatment; provided, that any prepayment of Term
Loans required as a result of the incurrence of Indebtedness incurred pursuant to Section 2.31 shall be applied solely to each applicable Class or tranche of Refinanced Debt. The application of any prepayment of the Term Loans pursuant to this
Section 2.16 shall be made, first, to ABR Loans (until all ABR Loans are paid in full) and, second, to Eurodollar Loans. 

  
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 (f) The Borrower shall notify the Term Administrative Agents (with a copy to the
Revolving Administrative Agent) in writing of any mandatory prepayment of Term Loans required to be made pursuant to clauses (a) through (d) of this Section 2.16 (the aggregate amount of such prepayment to be made in any single instance, a
“Term Payment Amount”) at least five (5) Business Days prior to the date of such prepayment (a “Term Prepayment Date”). Each such notice shall specify the applicable Term Prepayment Date and provide a
reasonably detailed calculation of the applicable Term Payment Amount. The Term Administrative Agents will promptly notify each Term Loan Lender of the contents of the Borrower’s prepayment notice and of such Term Loan Lender’s ratable
share (such ratable share to be calculated for each Class of Term Loans by dividing such Term Loan Lender’s Term Loans by the total Term Loans then outstanding in such Class) of the Term Payment Amount. Any Term Loan Lender (a
“Declining Lender”) may elect, by delivering, not less than three (3) Business Days prior to the applicable Term Prepayment Date, a written notice that any mandatory prepayment otherwise required to be made with respect to the
Term Loans held by such Term Loan Lender pursuant to clauses (a) through (d) of this Section 2.16 not be made, in which event the portion of such prepayment which otherwise would have been allocated to such Declining Lenders shall instead be
retained by the Borrower (the “Retained Amount”). 
 Section 2.17. Optional Prepayment of Loans; Reimbursement of
Lenders. 
 (a) Subject to following proviso, the Borrower shall have the right at any time and from time to time to
prepay any Loans without premium or penalty (except for any breakage costs associated with Eurodollar Loans), in whole or in part; provided, that any such prepayment of Term Loans made in connection with a Repricing Transaction prior to the
date that is twelve months following the 2014 Amendment Effective Date shall be accompanied by a prepayment fee (the “Prepayment Fee”) of 1% of the aggregate principal amount of Term Loans so prepaid (including any mandatory
assignment in connection therewith). All such prepayments shall be made (x) with respect to Eurodollar Loans, upon at least three (3) Business Days’ prior written, telex, facsimile or telephonic (confirmed promptly in writing) notice
to the Applicable Administrative Agent and (y) with respect to ABR Loans on the same Business Day if written, telex, facsimile or telephonic (confirmed promptly in writing) notice is received by the Applicable Administrative Agent prior to 1:00
p.m., New York City time, on such Business Day; provided, however, that (i) each such partial prepayment shall be in integral multiples of $1,000,000, (ii) no prepayment of Eurodollar Loans shall be permitted pursuant to this
Section 2.17(a) other than on the last day of an Interest Period applicable thereto unless such prepayment is accompanied by the payment of the amounts described in clause (i) of the first sentence of Section 2.17(b), and
(iii) no partial prepayment of a Borrowing of Eurodollar Loans shall result in the aggregate principal amount of the Eurodollar Loans remaining outstanding pursuant to such Borrowing being less than $5,000,000. Each notice of prepayment
(X) shall specify the prepayment date, the principal amount, Class and Type of the Loans to be prepaid, and in the case of Eurodollar Loans, the Borrowing or Borrowings pursuant to which made and (Y) shall commit the Borrower to prepay
such Loans by the amount and on the date stated therein; provided that a notice of prepayment delivered by 

  
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the Borrower may state that such notice is conditioned upon the effectiveness of another credit facility, the consummation of an Asset Sale, the closing of a securities offering or similar
transaction, the receipt of any insurance or other proceeds or funds in connection with a Recovery Event, or the occurrence or non-occurrence of any similar event specified in such notice, in which case such notice may be revoked by the Borrower (by
written notice to the Applicable Administrative Agent on or prior to the specified prepayment date) if such condition is not satisfied. The Applicable Administrative Agent shall, promptly after receiving notice from the Borrower hereunder, notify
each Lender of the relevant Class of the principal amount of the Loans held by such Lender which are to be prepaid and the prepayment date. Any partial prepayment of the Term Loans by the Borrower pursuant to this Section 2.17 shall be applied
to reduce the then remaining principal repayment installments of the Term Loans in forward order of maturity. 
 (b) The
Borrower shall reimburse each Lender of the relevant Class on demand for any loss incurred or to be incurred by it in the reemployment of the funds released (i) resulting from any prepayment (for any reason whatsoever, including refinancing
with ABR Loans) of any Eurodollar Loan required or permitted under this Agreement, if such Loan is prepaid prior to the last day of the Interest Period for such Loan or (ii) in the event that after the Borrower delivers a notice of Borrowing
under Section 2.03 in respect of Eurodollar Loans, such Loans are not made on the first day of the Interest Period specified in such notice of Borrowing for any reason other than a breach by such Lender of its obligations hereunder. Such loss
shall be the amount as reasonably determined by such Lender as the excess, if any, of (A) the amount of interest which would have accrued to such Lender on the amount so paid or not borrowed at a rate of interest equal to the Adjusted LIBOR
Rate for such Loan, for the period from the date of such payment or failure to borrow to the last day (x) in the case of a payment or refinancing with ABR Loans prior to the last day of the Interest Period for such Loan, of the then current
Interest Period for such Loan, or (y) in the case of such failure to borrow, of the Interest Period for such Loan which would have commenced on the date of such failure to borrow, over (B) the amount of interest which would have accrued to
such Lender on such amount by placing such amount on deposit for a comparable period with leading banks in the London interbank market. Each Lender of the relevant Class shall deliver to the Borrower from time to time one or more certificates
setting forth the amount of such loss as determined by such Lender. 
 (c) In the event the Borrower fails to prepay any Loan
on the date specified in any prepayment notice delivered pursuant to Section 2.17(a), the Borrower on demand by any Lender of the relevant Class shall pay to the Applicable Administrative Agent for the account of such Lender any amounts
required to compensate such Lender for any loss, cost or expenses incurred by reason of the acquisition of deposits or other funds by such Lender to fulfill deposit obligations incurred in anticipation of such prepayment, but without duplication of
any amounts paid under Section 2.17(b). Each Lender of the relevant Class shall deliver to the Borrower from time to time one or more certificates setting forth the amount of such loss as determined by such Lender. 

  
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 Section 2.18. Reserve Requirements; Change in Circumstances. 

(a) Notwithstanding any other provision herein, if after the date of this Agreement any change in applicable law or regulation
or in the interpretation or administration thereof by any Governmental Authority charged with the interpretation or administration thereof (whether or not having the force of law) shall subject any Lender or Fronting Bank to any Taxes (other than
(A) Indemnified Taxes, (B) Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its Loans or any Letter of Credit or participation therein, or shall impose,
modify or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by such Lender (except any such reserve requirement which is reflected in the Adjusted LIBOR
Rate) or shall impose on such Lender or the London interbank market any other condition affecting this Agreement or the Eurodollar Loans made by such Lender, and the result of any of the foregoing shall be to increase the cost to such Lender or
Fronting Bank of making or maintaining any Eurodollar Loan or to reduce the amount of any sum received or receivable by such Lender or Fronting Bank hereunder (whether of principal, interest or otherwise) by an amount deemed by such Lender or
Fronting Bank to be material, then the Borrower or Guarantor will pay to such Lender or Fronting Bank in accordance with paragraph (c) below such additional amount or amounts as will compensate such Lender or Fronting Bank for such additional
costs incurred or reduction suffered. 
 (b) If the adoption or effectiveness after the date hereof of any law, rule,
regulation or guideline regarding capital adequacy, or any change in any of the foregoing or in the interpretation or administration of any of the foregoing by any governmental authority, central bank or comparable agency charged with the
interpretation or administration thereof, or compliance by any Lender (or any lending office of such Lender) or any Lender’s holding company with any request or directive regarding capital adequacy (whether or not having the force of law) of
any such authority, central bank or comparable agency, has or would have the effect of reducing the rate of return on such Lender’s capital or on the capital of such Lender’s holding company, if any, as a consequence of this Agreement, the
Loans made by such Lender pursuant hereto, such Lender’s Commitment hereunder or the issuance of, or participation in, any Letter of Credit by such Lender to a level below that which such Lender or such Lender’s holding company could have
achieved but for such adoption, change or compliance (taking into account Lender’s policies and the policies of such Lender’s holding company with respect to capital adequacy) by an amount deemed by such Lender to be material, then from
time to time the Borrower shall pay to such Lender such additional amount or amounts as will compensate such Lender or such Lender’s holding company for any such reduction suffered. 

(c) A certificate of each Lender setting forth such amount or amounts as shall be necessary to compensate such Lender or
Fronting Bank or its holding company as specified in paragraph (a) or (b) above, as the case may be, shall be delivered to the Borrower and shall be conclusive absent manifest error. The Borrower shall pay each Lender or Fronting Bank the
amount shown as due on any such certificate delivered to it within ten (10) days after its receipt of the same. Any Lender or Fronting Bank receiving any such payment shall promptly make a refund thereof to the Borrower if the law, regulation,
guideline or change in circumstances giving rise to such payment is subsequently deemed or held to be invalid or inapplicable. 

(d) Failure on the part of any Lender or Fronting Bank to demand compensation for any increased costs or reduction in amounts
received or receivable or reduction in return on capital with respect to any period shall not constitute a waiver of such Lender’s or Fronting Bank’s right to demand compensation with respect to such period or any other period; provided
 

  
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that the Borrower shall not be required to compensate a Lender or Fronting Bank pursuant to this Section 2.18 for any increased costs or reductions incurred more than 180 days prior to the
date that such Lender or Fronting Bank notifies the Borrower of the change in law giving rise to such increased costs or reductions, as the case may be, and of such Lender’s or Fronting Bank’s intention to claim compensation therefor;
provided further that, if the change in law giving rise to such increased costs or reductions is retroactive, then the 180-day period referred to above shall be extended to include the period of retroactive effect thereof. 

(e) Notwithstanding anything herein to the contrary, (i) the Dodd-Frank Wall Street Reform and Consumer Protection Act and
all requests, rules, guidelines or directives promulgated thereunder or issued in connection therewith and (ii) any request, rule, guideline or directive promulgated by the Bank for International Settlements, the Basel Committee on Banking
Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities, in each case pursuant to Basel III, in each case shall be deemed to be (A) a change in law or regulation or in the interpretation or
administration thereof by any Governmental Authority charged with the interpretation or administration thereof (whether or not having the force of law), (B) the adoption or effectiveness after the date hereof of any law, rule, regulation or
guideline regarding capital adequacy, or any change in any of the foregoing or in the interpretation, administration, implementation or application of any of the foregoing by any Governmental Authority charged with the interpretation,
administration, implementation or application thereof, (C) a request, rule, guideline or directive regarding capital adequacy (whether or not having the force of law) of any Governmental Authority and (D) any other circumstance described
in paragraph (a) or (b) of this Section 2.18, in each case regardless of the date enacted, adopted, promulgated or issued. 

Section 2.19. Change in Legality. 

(a) Notwithstanding anything to the contrary contained elsewhere in this Agreement, if (x) any change after the date of
this Agreement in any law or regulation or in the interpretation thereof by any Governmental Authority charged with the administration thereof shall make it unlawful for a Lender to make or maintain a Eurodollar Loan or to give effect to its
obligations as contemplated hereby with respect to a Eurodollar Loan or (y) at any time any Lender determines that the making or continuance of any of its Eurodollar Loans has become impracticable as a result of a contingency occurring after
the date hereof which adversely affects the London interbank market or the position of such Lender in such market, then, by written notice to the Borrower, such Lender may (i) declare that Eurodollar Loans will not thereafter be made by such
Lender hereunder, whereupon any request by the Borrower for a Eurodollar Borrowing shall, as to such Lender only, be deemed a request for an ABR Loan unless such declaration shall be subsequently withdrawn; and (ii) require that all outstanding
Eurodollar Loans made by it be converted to ABR Loans, in which event all such Eurodollar Loans shall be automatically converted to ABR Loans as of the effective date of such notice as provided in paragraph (b) below. In the event any Lender
shall exercise its rights under clause (i) or (ii) of this paragraph (a), all payments and prepayments of principal which would otherwise have been applied to repay the Eurodollar Loans that would have been made by such Lender or the
converted Eurodollar Loans of such Lender shall instead be applied to repay the ABR Loans made by such Lender in lieu of, or resulting from the conversion of, such Eurodollar Loans. 

  
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 (b) For purposes of this Section 2.19, a notice to the Borrower by any
Lender pursuant to paragraph (a) above shall be effective, if lawful, and if any Eurodollar Loans shall then be outstanding, on the last day of the then-current Interest Period, otherwise, such notice shall be effective on the date of receipt
by the Borrower. 
 Section 2.20. Pro Rata Treatment, Application of Payments, etc. 

(a) All payments and repayments of principal, interest and Prepayment Fees in respect of Loans of any Class (except as provided
in Sections 2.16(f), 2.18 and 2.19) shall be made for the pro rata benefit of the Lenders of such Class in accordance with their respective Class Percentages. All payments of Commitment Fees and Letter of Credit Fees (other than those payable to a
Fronting Bank) shall be made for the pro rata benefit of the Revolving Credit Lenders in accordance with their Revolving Credit Commitments. All payments by the Borrower hereunder shall be made in Dollars in immediately available funds, without
defense, setoff or counterclaim and free of any restriction or condition, at the office of the Applicable Administrative Agent by 12:00 noon, New York City time, on the date on which such payment shall be due. Interest in respect of any Loan
hereunder shall accrue from and including the date of such Loan to but excluding the date on which such Loan is paid in full or converted to a Loan of a different Type. 

(b) All proceeds from the sale of, or other realization upon, all or any part of the PP&E Collateral (including any such
proceeds received by the Applicable Administrative Agent from the Collateral Trustee pursuant to Section 3.04(b) of the Collateral Trust Agreement) pursuant to the exercise of remedies with respect to such Collateral shall be applied as
follows: 
 First, to pay the then unreimbursed expenses (if any) of the Applicable Administrative Agent in connection with such sale
or other realization, including reasonable compensation to agents of and counsel for the Applicable Administrative Agent, and all other expenses, fees, advances and indemnities then payable to the Applicable Administrative Agent (including amounts
then due and payable to the Applicable Administrative Agent pursuant to Section 9.05 of this Agreement); 
 Second, to pay
interest and Prepayment Fees (if any) then due with respect to the Term Loans, ratably to each Class of Term Loan and pro rata among the Term Loan Lenders of each Class, and to pay interest and prepayment fees (if any) on any other PP&E Priority
Obligations pro rata among the holders of such other PP&E Priority Obligations, until such interest, Prepayment Fees (if any) and prepayment fees (if any) have each been paid in full; 

Third, to pay the then outstanding principal amount of the Term Loans, ratably to each Class of Term Loan and pro rata among the Term
Loan Lenders of each Class, and the then outstanding principal amount of any other PP&E Priority Obligations pro rata among the holders of such other PP&E Priority Obligations, until each such amount has been paid in full; 

Fourth, to pay interest then due with respect to the Revolving Credit Loans, interest then due with respect to the then drawn amounts
under Letters of Credit that have not been reimbursed by the Loan Parties, interest then due with respect to any other Borrowing Base 

  
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Priority Obligations (other than Excess Secured Obligations), Commitment Fees with respect to the Revolving Credit Commitments and Letter of Credit Fees with respect to the Letters of Credit, in
each case pro rata among the Revolving Credit Lenders, until such interest and such fees have each been paid in full; 
 Fifth, to
pay the then outstanding principal amount of the Revolving Credit Loans and the then drawn amounts under Letters of Credit that have not been reimbursed by the Loan Parties, and to pay the then outstanding principal amount of any other Borrowing
Base Priority Obligations (other than Excess Secured Obligations) (or, in the case of Cash Management Obligations owed to any Lender (or any Person that was an affiliate of a Lender at the time of incurrence thereof) (other than Excess Secured Cash
Management Obligations) and Hedging Obligations (other than Excess Secured Hedging Obligations) owed to any Lender (or any Person that was an affiliate of a Lender at the time of incurrence thereof), to cash collateralize same (at 105%)), pro rata
among the holders thereof, until such amounts have each been paid in full or cash collateralized in full; and 
 Sixth, to cash
collateralize outstanding Letters of Credit until an amount equal to 105% of the then undrawn stated amount of all outstanding Letters of Credit has been deposited in the Letter of Credit Account. 

(c) All proceeds from the sale of, or other realization upon, all or any part of the Borrowing Base Collateral (including any
such proceeds received by the Applicable Administrative Agent from the Collateral Trustee pursuant to Section 3.04(b) of the Collateral Trust Agreement) pursuant to the exercise of remedies with respect to such Collateral shall be applied as
follows: 
 First, to pay the then unreimbursed expenses (if any) of the Applicable Administrative Agent in connection with such sale
or other realization, including reasonable compensation to agents of and counsel for the Applicable Administrative Agent, and all other expenses, fees, advances and indemnities then payable to the Applicable Administrative Agent (including amounts
then due and payable to the Applicable Administrative Agent pursuant to Section 9.05 of this Agreement); 
 Second, to pay
interest then due with respect to the Revolving Credit Loans, interest then due with respect to the then drawn amounts under Letters of Credit that have not been reimbursed by the Loan Parties, interest then due with respect to any other Borrowing
Base Priority Obligations (other than Excess Secured Obligations), Commitment Fees with respect to the Revolving Credit Commitments and Letter of Credit Fees with respect to the Letters of Credit, in each case pro rata among the Revolving Credit
Lenders, until such interest and such fees have each been paid in full; 
 Third, to pay the then outstanding principal amount of the
Revolving Credit Loans and the then drawn amounts under Letters of Credit that have not been reimbursed by the Loan Parties, and to pay the then outstanding principal amount of any other Borrowing Base Priority Obligations (other than Excess Secured
Obligations) or, in the case of Cash Management Obligations owed to any Lender (or any Person that was an affiliate of a Lender at the time of incurrence thereof) (other than Excess Secured Cash Management Obligations) and Hedging

  
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Obligations (other than Excess Secured Hedging Obligations) owed to any Lender (or any Person that was an affiliate of a Lender at the time of incurrence thereof), to cash collateralize same (at
105%)), pro rata among the holders thereof, until such amounts have each been paid in full or cash collateralized in full; 
 Fourth,
to cash collateralize outstanding Letters of Credit until an amount equal to 105% of the then undrawn stated amount of all outstanding Letters of Credit has been deposited in the Letter of Credit Account; 

Fifth, to pay the then outstanding principal amount of any Excess Secured Obligations; 

Sixth, to pay interest and Prepayment Fees (if any) then due with respect to the Term Loans, ratably to each Class of Term Loan and pro
rata among the Term Loan Lenders of each Class, and to pay interest and prepayment fees (if any) on any other PP&E Priority Obligations pro rata among the holders of such other PP&E Priority Obligations, until such interest, Prepayment Fees
(if any) and prepayment fees (if any) have each been paid in full; and 
 Seventh, to pay the then outstanding principal amount of
the Term Loans of each Class, ratably to each Class of Term Loan and pro rata among the Term Loan Lenders of each Class, and the then outstanding principal amount of any other PP&E Priority Obligations pro rata among the holders of such other
PP&E Priority Obligations, until each such amount has been paid in full. 
 (d) If, in the event that both PP&E
Collateral and Borrowing Base Collateral are subject to a sale or other realization upon all or any part of the Collateral pursuant to the exercise of remedies with respect to Collateral in a single transaction or series of related transactions, the
aggregate sales price shall not have been allocated between PP&E Collateral and Borrowing Base Collateral disposed of in such transaction or series of transactions in any agreement with respect to such sale or other realization then, solely for
purposes of Sections 2.20(b) and 2.20(c), the aggregate sales price shall be allocated as follows: the portion allocable to the PP&E Collateral shall be the fair market value thereof, and the balance of the aggregate sales price shall be
allocable to Borrowing Base Collateral (unless the Required Term Lenders and the Required Revolving Credit Lenders shall, among themselves, agree to any other allocation, in which case such allocation shall govern). 

(e) The application of proceeds described in this Section 2.20 to any PP&E Priority Obligations shall be subject to
the provisions of any applicable Pari Passu Intercreditor Agreement, Second Lien Intercreditor Agreement or other customary intercreditor agreement expressly contemplated by this Agreement. 

Section 2.21. Taxes. 

(a) Defined Terms. For purposes of this Section 2.21, the term “Lender” includes any Fronting Bank and
the term “applicable law” includes FATCA. 
 (b) Payments Free of Taxes. Any and all payments by or on
account of any obligation of any Loan Party under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by applicable law. If any applicable law (as 

  
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determined in the good faith discretion of an applicable Withholding Agent) requires the deduction or withholding of any Tax from any such payment by a Withholding Agent, then the applicable
Withholding Agent shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with applicable law and, if such Tax is an Indemnified Tax, then
the sum payable by the applicable Loan Party shall be increased as necessary so that after such deduction or withholding has been made (including such deductions and withholdings applicable to additional sums payable under this Section) the
applicable Recipient receives an amount equal to the sum it would have received had no such deduction or withholding been made. 

(c) Payment of Other Taxes by the Borrower. The Loan Parties shall timely pay to the relevant Governmental Authority in
accordance with applicable law, or at the option of an Administrative Agent timely reimburse it for the payment of, any Other Taxes. 

(d) Indemnification by the Borrower. The Loan Parties shall indemnify each Recipient, within 10 days after demand
therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on or attributable to amounts payable under this Section) payable or paid by such Recipient or required to be withheld of deducted from a payment
to such Recipient and any reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of
such payment or liability delivered to the Borrower by a Lender (with a copy to the Applicable Administrative Agent), or by the Applicable Administrative Agent on its own behalf or on behalf of a Lender, shall be conclusive absent manifest error.

 (e) Indemnification by the Lenders. Each Lender shall severally indemnify the Applicable Administrative Agent,
within 10 days after demand therefor, for (i) any Indemnified Taxes attributable to such Lender (but only to the extent that any Loan Party has not already indemnified the Applicable Administrative Agent for such Indemnified Taxes and without
limiting the obligation of the Loan Parties to do so), (ii) any Taxes attributable to such Lender’s failure to comply with the provisions of Section 9.03 relating to the maintenance of a Participant Register and (iii) any
Excluded Taxes attributable to such Lender, in each case, that are payable or paid by the Applicable Administrative Agent in connection with any Loan Document, and any reasonable expenses arising therefrom or with respect thereto, whether or not
such Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to any Lender by an Administrative Agent shall be conclusive absent manifest
error. Each Lender hereby authorizes the Applicable Administrative Agent to set off and apply any and all amounts at any time owing to such Lender under any Loan Document or otherwise payable by the Applicable Administrative Agent to the Lender from
any other source against any amount due to the Applicable Administrative Agent under this paragraph (e). 
 (f) Evidence
of Payments. As soon as practicable after any payment of Taxes by any Loan Party to a Governmental Authority pursuant to this Section 2.21, such Loan Party shall deliver to the Applicable Administrative Agent the original or a certified
copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of the return reporting such payment or other evidence of such payment reasonably satisfactory to the Applicable Administrative Agent. 

  
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 (g) Status of Lenders. 

(i) Any Lender that is entitled to an exemption from or reduction of withholding Tax with respect to payments made under any
Loan Document shall deliver to the Borrower and each Administrative Agent, at the time or times reasonably requested by the Borrower or such Administrative Agent, such properly completed and executed documentation reasonably requested by the
Borrower or such Administrative Agent as will permit such payments to be made without withholding or at a reduced rate of withholding. In addition, any Lender, if reasonably requested by the Borrower or an Administrative Agent, shall deliver such
other documentation prescribed by applicable law or reasonably requested by the Borrower or such Administrative Agent as will enable the Borrower or such Administrative Agent to determine whether or not such Lender is subject to backup withholding
or information reporting requirements. Notwithstanding anything to the contrary in the preceding two sentences, the completion, execution and submission of such documentation (other than such documentation set forth in Section 2.21(g)(ii)(A),
(B) and (D) below) shall not be required if in the Lender’s reasonable judgment such completion, execution or submission would subject such Lender to any material unreimbursed cost or expense or would materially prejudice the legal or
commercial position of such Lender. 
 (ii) Without limiting the generality of the foregoing, in the event that the Borrower
is a U.S. Borrower, 
 (A) any Lender that is a U.S. Person shall deliver to the Borrower and each Administrative Agent on or prior to the
date on which such Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or such Administrative Agent), executed originals of IRS Form W-9 certifying that such Lender is exempt
from U.S. federal backup withholding tax; 
 (B) any Foreign Lender shall, to the extent it is legally entitled to do so, deliver to the
Borrower and each Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable
request of the Borrower or such Administrative Agent), whichever of the following is applicable: 
 (i) in the case of a
Foreign Lender claiming the benefits of an income tax treaty to which the United States is a party (x) with respect to payments of interest under any Loan Document, executed originals of IRS Form W-8BEN establishing an exemption from, or
reduction of, U.S. federal withholding Tax pursuant to the “interest” article of such tax treaty and (y) with respect to any other applicable payments under any Loan Document, IRS Form W-8BEN establishing an exemption from, or
reduction of, U.S. federal withholding Tax pursuant to the “business profits” or “other income” article of such tax treaty; 

  
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 (ii) executed originals of IRS Form W-8ECI; 

(iii) in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under Section 881(c)
of the Code, (x) a certificate substantially in the form of Exhibit J-1 to the effect that such Foreign Lender is not a “bank” within the meaning of Section 881(c)(3)(A) of the Code, a “10 percent shareholder” of the
Borrower within the meaning of Section 881(c)(3)(B) of the Code, or a “controlled foreign corporation” described in Section 881(c)(3)(C) of the Code (a “U.S. Tax Compliance Certificate”) and (y) executed
originals of IRS Form W-8BEN; or 
 (iv) to the extent a Foreign Lender is not the beneficial owner, executed originals of
IRS Form W-8IMY, accompanied by IRS Form W-8ECI, IRS Form W-8BEN, a U.S. Tax Compliance Certificate substantially in the form of Exhibit J-2 or Exhibit J-3, IRS Form W-9, and/or other certification documents from each beneficial owner, as
applicable; provided that if the Foreign Lender is a partnership and one or more direct or indirect partners of such Foreign Lender are claiming the portfolio interest exemption, such Foreign Lender may provide a U.S. Tax Compliance
Certificate substantially in the form of Exhibit J-4 on behalf of each such direct and indirect partner; 
 (C) any Foreign Lender shall, to
the extent it is legally entitled to do so, deliver to the Borrower and each Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this
Agreement (and from time to time thereafter upon the reasonable request of the Borrower or such Administrative Agent), executed originals of any other form prescribed by applicable law as a basis for claiming exemption from or a reduction in U.S.
federal withholding Tax, duly completed, together with such supplementary documentation as may be prescribed by applicable law to permit the Borrower or such Administrative Agent to determine the withholding or deduction required to be made; and

 (D) if a payment made to a Recipient under any Loan Document would be subject to U.S. federal withholding Tax imposed by FATCA if such
Recipient were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such Recipient shall deliver to the Borrower and the Applicable
Administrative Agent at the time or times prescribed by law and at such time or times reasonably requested by the Borrower or such Administrative Agent such documentation prescribed by applicable law (including as prescribed by
Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Borrower or such Administrative Agent as may be necessary for the Borrower and such Administrative Agent to comply with their obligations under
FATCA and to determine that such Recipient has complied with such Recipient’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes of this clause (D), “FATCA” shall include
any amendments made to FATCA after the date of this Agreement. 

  
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 Each Lender agrees that if any form or certification it previously delivered expires or becomes
obsolete or inaccurate in any respect, it shall update such form or certification or promptly notify the Borrower and the Applicable Administrative Agent in writing of its legal inability to do so. 

Further, at any time that Credit Suisse AG is an Administrative Agent hereunder, Credit Suisse AG shall deliver to the Borrower, on or prior
to the 2014 Amendment Effective Date, (i) two duly completed executed originals of IRS Form W-8ECI to establish that Credit Suisse AG is not subject to withholding Taxes under the Code with respect to any amounts payable for the account of
Credit Suisse AG under any of the Loan Documents and (ii) two duly completed executed originals of Form W-8IMY certifying that it is a “U.S. branch” and that the payments it receives for the account of others under the Loan Documents
are not effectively connected with the conduct of its trade or business in the United States and that such Form W-8IMY evidences its agreement with the Borrower to be treated as a “United States person” with respect to such payments such
that the Borrower can make payments to such Administrative Agent under the Loan Documents without deduction or withholding of any United States federal income tax under Section 1441 of the Code. 

(h) Treatment of Certain Refunds. If any party determines, in its sole discretion exercised in good faith, that it has
received a refund of any Taxes as to which it has been indemnified pursuant to this Section 2.21 (including by the payment of additional amounts pursuant to this Section 2.21), it shall pay to the indemnifying party an amount equal to such
refund (but only to the extent of indemnity payments made under this Section with respect to the Taxes giving rise to such refund), net of all out-of-pocket expenses (including Taxes) of such indemnified party and without interest (other than any
interest paid by the relevant Governmental Authority with respect to such refund). Such indemnifying party, upon the request of such indemnified party, shall repay to such indemnified party the amount paid over pursuant to this paragraph
(h) (plus any penalties, interest or other charges imposed by the relevant Governmental Authority) in the event that such indemnified party is required to repay such refund to such Governmental Authority. Notwithstanding anything to the
contrary in this paragraph (h), in no event will the indemnified party be required to pay any amount to an indemnifying party pursuant to this paragraph (h) the payment of which would place the indemnified party in a less favorable net
after-Tax position than the indemnified party would have been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification payments or additional amounts with
respect to such Tax had never been paid. This paragraph shall not be construed to require any indemnified party to make available its Tax returns (or any other information relating to its Taxes that it deems confidential) to the indemnifying party
or any other Person. 
 Any Lender or any Administrative Agent claiming any additional amounts payable pursuant to this Section 2.21 or
Section 2.18 shall use reasonable efforts (consistent with legal and regulatory restrictions) to file any certificate or document requested by the Borrower or to change its applicable lending office if the making of such a filing or change
would avoid the need for or reduce the amount of any such additional amounts that may thereafter accrue and would not in the judgment of such Lender or such Administrative Agent, be materially disadvantageous to such Lender or such Administrative
Agent. 

  
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 (i) Survival. Each party’s obligations under this Section 2.21
shall survive the resignation or replacement of the Applicable Administrative Agent or any assignment of rights by, or the replacement of, a Lender, the termination of the Commitments and the repayment, satisfaction or discharge of all obligations
under any Loan Document. 
 Section 2.22. Certain Fees. The Borrower shall pay to each of the Administrative Agents the fees set
forth in the applicable Agent’s Fee Letter at the times set forth therein. 
 Section 2.23. Commitment Fee. The Borrower
shall pay to the Revolving Credit Lenders a commitment fee (the “Commitment Fee”) for the period from and including the 2013 Amendment Effective Date to but excluding the Revolving Credit Maturity Date (or the earlier date of
termination of the Total Revolving Credit Commitment) calculated (on the basis of the actual number of days elapsed over a year of 360 days) at a rate equal to the Applicable Margin with respect to Commitment Fees on the average daily Unused Total
Revolving Credit Commitment during the preceding quarter (or, if shorter than a quarter, during the period from the 2013 Amendment Effective Date to the end of the fiscal quarter during which the 2013 Amendment Effective Date occurs). The issuance
of Letters of Credit shall be treated as usage of the Total Revolving Credit Commitment. Such Commitment Fee, to the extent then accrued, shall be payable (x) quarterly in arrears on the first Business Day of each April, July, October and
January (commencing with the first Business Day of January 2014), (y) on the Revolving Credit Maturity Date (or the earlier date of termination of the Total Revolving Credit Commitment) and (z) as provided in Section 2.12 hereof, upon
any reduction or termination in whole or in part of the Total Revolving Credit Commitment. For purposes of clarification, the Applicable Margin used to calculate the Commitment Fee for any portion of any period that occurs prior to the 2013
Amendment Effective Date shall, solely with respect to such portion of such period, be the Applicable Margin (prior to giving effect to the 2013 Revolving Facility Amendment Agreement). 

Section 2.24. Letter of Credit Fees. The Borrower shall pay with respect to each Letter of Credit, (i) to the Revolving
Administrative Agent on behalf of the Revolving Credit Lenders a fee calculated (on the basis of the actual number of days elapsed over a year of 360 days) at a rate per annum equal to the Applicable Margin for Revolving Credit Loans that are
Eurodollar Loans on the undrawn stated amount thereof, and (ii) to the applicable Fronting Bank its customary fees for issuance, amendments and processing referred to in Section 2.05. In addition, the Borrower agrees to pay each Fronting
Bank for its account a fronting fee in respect of each Letter of Credit issued by such Fronting Bank, for the period from and including the date of issuance of such Letter of Credit to and including the date of termination of such Letter of Credit,
computed at the rate of 0.125% per annum, and payable at times to be determined by such Fronting Bank, the Borrower and the Revolving Administrative Agent. Accrued fees described in clause (i) of the first sentence of this paragraph in
respect of each Letter of Credit shall be due and payable quarterly in arrears on the first day of each April, July, October and January and on the Revolving Credit Maturity Date, or such earlier date as the Total Revolving Credit Commitment is
terminated. Accrued fees described in clause (ii) of the first sentence of this paragraph in respect of each Letter of Credit shall be payable at times to be determined by the applicable Fronting

  
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Bank, the Borrower and the Revolving Administrative Agent. For purposes of clarification, the Applicable Margin used to calculate any fees under this Section 2.24 for any portion of any
period that occurs prior to the 2013 Amendment Effective Date shall, solely with respect to such portion of such period, be the Applicable Margin (prior to giving effect to the 2013 Revolving Facility Amendment Agreement). 

Section 2.25. Nature of Fees. All Fees shall be paid on the dates due, in immediately available funds, to the Applicable
Administrative Agent for the respective accounts of the Applicable Administrative Agent, the applicable Fronting Bank and the applicable Lenders, as provided herein and in the Agent’s Fee Letters. Once paid, none of the Fees shall be refundable
under any circumstances. 
 Section 2.26. Right of Set-Off; Sharing. Subject to the provisions of Section 7.01, upon the
occurrence and during the continuance of any Event of Default, the Applicable Administrative Agent and each Lender is hereby authorized at any time and from time to time, to the fullest extent permitted by law, to set off and apply any and all
deposits (general or special, time or demand, provisional or final) at any time held and other Indebtedness at any time owing by such Administrative Agent and each such Lender to or for the credit or the account of the Borrower against any and all
of the obligations of the Borrower now or hereafter existing under the Loan Documents, irrespective of whether or not such Lender shall have made any demand under any Loan Document and although such obligations may not have been accelerated. Each
Lender and each Administrative Agent agrees promptly to notify the Borrower after any such set-off and application made by such Lender or by such Administrative Agent, as the case may be, provided that the failure to give such notice shall
not affect the validity of such set-off and application. The rights of each Lender and each Administrative Agent under this Section are in addition to other rights and remedies which such Lender and such Administrative Agent may have upon the
occurrence and during the continuance of any Event of Default. 
 Section 2.27. Replacement of Certain Lenders. In the event a
Lender (“Affected Lender”) shall have: (i) become a Defaulting Revolving Lender, (ii) requested compensation from the Borrower under Section 2.18 with respect to increased costs or capital or under Section 2.21
to recover Indemnified Taxes, Other Taxes or other additional amounts incurred by such Lender, (iii) delivered a notice pursuant to Section 2.19 claiming that such Lender is unable to extend Eurodollar Loans to the Borrower for reasons not
generally applicable to the other Lenders or (iv) become a Non-Consenting Lender, then, in any case, the Borrower or the Applicable Administrative Agent may make written demand on such Affected Lender (with a copy to the Applicable
Administrative Agent in the case of a demand by the Borrower and a copy to the Borrower in the case of a demand by the Applicable Administrative Agent) for the Affected Lender to assign, and such Affected Lender shall assign (at par, unless
otherwise consented to by the applicable Affected Lender) pursuant to one or more duly executed Assignments and Acceptances five (5) Business Days after the date of such demand, to one or more Eligible Assignees which the Borrower or the
Applicable Administrative Agent, as the case may be, shall have engaged for such purpose (“Replacement Lender”), all of such Affected Lender’s rights and obligations under this Agreement and the other Loan Documents (including
its Commitment of each Class, all Loans owing to it and its obligation to participate in Letters of Credit) in accordance with Section 9.03(b); provided, that no Administrative Agent and no Lender shall have any obligation to the
Borrower to find a Replacement Lender. Each Administrative Agent 

  
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agrees, upon the occurrence of such events with respect to an Affected Lender and upon the written request of the Borrower, to use its reasonable efforts to obtain the relevant Commitments
from one or more Eligible Assignees to act as a Replacement Lender. Each Administrative Agent is authorized to execute one or more of such Assignments and Acceptances as attorney-in-fact for any Affected Lender failing to execute and deliver the
same within five (5) Business Days after the date of such demand. Further, with respect to such assignment the Affected Lender shall have concurrently received, in cash, all amounts due and owing to the Affected Lender hereunder or under any
other Loan Document, including the aggregate outstanding principal amount of the Loans owed to such Lender, together with accrued interest thereon through the date of such assignment, amounts payable under Section 2.18 with respect to such
Affected Lender, compensation payable under Section 2.23 in the event of any replacement of any Affected Lender under clause (ii) or clause (iii) of this Section 2.27 and, in the case of a mandatory assignment in connection with
a Repricing Transaction, the Prepayment Fee in respect of the applicable Term Loans so assigned; provided that upon such Affected Lender’s replacement, such Affected Lender shall cease to be a party hereto but shall
continue to be entitled to the benefits of Sections 2.18, 2.21, 9.05 and 9.06, as well as to any fees accrued for its account hereunder and not yet paid, and shall continue to be obligated under Section 8.06 with respect to losses, obligations,
liabilities, damages, penalties, actions, judgments, costs, expenses or disbursements for matters which occurred prior to the date the Affected Lender is replaced. In the event that (i) the Borrower or the Applicable Administrative Agent has
requested the Lenders to consent to a departure or waiver of any provisions of the Loan Documents or to agree to any amendment thereto, (ii) the consent, waiver or amendment in question requires the agreement of all affected Lenders in
accordance with the terms of Section 9.10 or all the Lenders with respect to a certain class of the Loans and (iii) the Required Lenders (and/or the Required Revolving Credit Lenders or the Required Term Lenders, as the case may be) have
agreed to such consent, waiver or amendment, then any Lender who does not agree to such consent, waiver or amendment shall be deemed a “Non-Consenting Lender.” 

Section 2.28. Revolving Credit Commitment Expansion Option. The Borrower may from time to time elect to increase the Total
Revolving Credit Commitment in a minimum amount of $5,000,000 so long as, after giving effect thereto, the aggregate increase in the Total Revolving Credit Commitment pursuant to this Section 2.28 does not exceed the sum of (a) $90,000,000
and (b) the aggregate amount of Borrowing Base Addition Amounts; provided that (x) each of the conditions set forth in Sections 4.02(b) and 4.02(c) shall be satisfied (with references therein to the date of a Borrowing deemed to be
references to the date of effectiveness of any such increase to the Total Revolving Credit Commitments), (y) the terms and conditions of any such increased Revolving Credit Commitments shall be identical to the existing Revolving Credit
Commitments so increased and (z) any such Revolving Credit Increase shall benefit from the same Domestic Subsidiary Guarantees and be secured on a pari passu basis by the same Collateral securing the Revolving Credit Facility prior to
such increase. The Borrower may arrange for any such increase to be provided by one or more Lenders (each Lender so agreeing to a Revolving Credit Commitment or an increase in its Revolving Credit Commitment, an “Increasing
Lender”), or by one or more new banks, financial institutions or other entities (each such new bank, financial institution or other entity an “Augmenting Lender”), to increase their existing Revolving Credit Commitments, or
extend Revolving Credit Commitments, as the case may be; provided that (i) each Augmenting Lender shall be subject to the approval of the Borrower and the approval of the Revolving Administrative Agent and each Fronting Bank, not to

  
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be unreasonably withheld in either case, and (ii) the Borrower, such Increasing Lender or Augmenting Lender (as the case may be) and the Revolving Administrative Agent execute an agreement
substantially in the form of Exhibit I hereto. Increases and new Revolving Credit Commitments created pursuant to this Section 2.28 shall become effective on the date agreed by the Borrower, the Revolving Administrative Agent and the relevant
Increasing Lenders or Augmenting Lenders (it being understood that no consent of any other Lender shall be required) and the Revolving Administrative Agent shall notify each Revolving Credit Lender thereof. On the effective date of any increase in
the Total Revolving Credit Commitment, (i) each relevant Increasing Lender and Augmenting Lender shall make available to the Revolving Administrative Agent such amounts in immediately available funds as the Revolving Administrative Agent shall
determine, for the benefit of the other Revolving Credit Lenders, as being required in order to cause, after giving effect to such increase and the use of such amounts to make payments to such other Revolving Credit Lenders, each Revolving Credit
Lender’s portion of the outstanding Revolving Credit Loans of all the Revolving Credit Lenders to equal its Class Percentage, and (ii) the Borrower shall be deemed to have repaid and reborrowed all outstanding Revolving Credit Loans as of
the date of any increase in the Revolving Credit Commitments (with such reborrowing to consist of the Types of Revolving Credit Loans, with related Interest Periods if applicable, specified in a notice delivered by the Borrower in accordance with
the requirements of Section 2.03). The deemed payments made pursuant to clause (ii) of the immediately preceding sentence shall be accompanied by the payment of the amounts described in clause (i) of the first sentence of
Section 2.17(b), if the deemed payment occurs other than on the last day of the related Interest Periods. 
 Section 2.29.
Defaulting Revolving Lenders. Notwithstanding any provision of this Agreement to the contrary, if any Revolving Credit Lender becomes a Defaulting Revolving Lender, then the following provisions shall apply for so long as such Revolving
Credit Lender is a Defaulting Revolving Lender: 
 (a) to the extent permitted by applicable law, the Commitment Fees shall
cease to accrue on the unfunded portion of the Revolving Credit Commitment of such Defaulting Revolving Lender pursuant to Section 2.23. 

(b) to the extent permitted by applicable law, the Revolving Credit Commitment and the Total Revolving Credit Usage of such
Defaulting Revolving Lender shall be disregarded in any determination of whether the Required Lenders or any other requisite Lenders have taken or may take any action hereunder or under any other Loan Document (including any consent to any
amendment, waiver or other modification pursuant to Section 9.10); provided that any amendment, waiver or other modification requiring the consent of all Lenders or all Lenders affected thereby shall, except as otherwise provided in
Section 9.10, require the consent of such Defaulting Revolving Lender in accordance with the terms hereof. 
 (c) if
Letter of Credit Outstandings exists at the time such Revolving Credit Lender becomes a Defaulting Revolving Lender, then: 

(i) all or any part of the Letter of Credit Outstandings (other than any portion thereof attributable to unreimbursed amounts
drawn under Letters of Credit with respect to which such Defaulting Revolving Lender shall have 

  
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funded its participation as contemplated by Sections 2.05(e) and 2.05(g)) of such Defaulting Revolving Lender shall be reallocated among the Revolving Credit Lenders that are not Defaulting
Revolving Lenders in accordance with their respective Class Percentages but only to the extent that (A) the Total Revolving Credit Usage held by each Revolving Credit Lender that is not a Defaulting Revolving Lender would not exceed such
Revolving Credit Lender’s Revolving Credit Commitment, (B) the Total Revolving Credit Usage of all Revolving Credit Lenders that are not Defaulting Revolving Lenders would not exceed the sum of the Revolving Credit Commitments held by all
Revolving Credit Lenders that are not Defaulting Revolving Lenders and (C) the conditions set forth in Section 4.02 are satisfied at the time of such reallocation (and, unless the Borrower shall have otherwise notified the Revolving
Administrative Agent at such time, the Borrower shall be deemed to have represented and warranted that such conditions are satisfied at such time); provided that no reallocation under this clause (i) shall constitute a waiver or release
of any claim of any party hereunder against a Defaulting Revolving Lender arising from that Lender having become a Defaulting Revolving Lender, including any claim of a non-Defaulting Revolving Lender as a result of such non-Defaulting Revolving
Lender’s increased exposure following such reallocation; 
 (ii) if the reallocation described in clause (i) above
cannot, or can only partially, be effected, the Borrower shall within one Business Day following notice by the Revolving Administrative Agent, cash collateralize for the benefit of the applicable Fronting Bank (and to the reasonable satisfaction of
such Fronting Bank) the portion of such Defaulting Revolving Lender’s Letter of Credit Outstandings that has not been reallocated for so long as such Letter of Credit Outstandings is outstanding; 

(iii) if the Borrower cash collateralizes any portion of such Defaulting Revolving Lender’s Letter of Credit Outstandings
pursuant to clause (ii) above, then, to the extent permitted by applicable law, the Borrower shall not be required to pay fees to such Defaulting Revolving Lender pursuant to clause (i) of Section 2.24 with respect to such portion of
such Defaulting Revolving Lender’s Letter of Credit Outstandings for so long as such Defaulting Revolving Lender’s Letter of Credit Outstandings is cash collateralized; 

(iv) if any portion of the Letter of Credit Outstandings of such Defaulting Revolving Lender is reallocated pursuant to clause
(i) above, then the fees payable to the Lenders pursuant to Section 2.23 and clause (i) of Section 2.24 shall be adjusted to give effect to such reallocation; 

(v) if all or any portion of such Defaulting Revolving Lender’s Letter of Credit Outstandings is neither reallocated nor
cash collateralized pursuant to clause (i) or (ii) above, then, without prejudice to any rights or remedies of the applicable Fronting Bank or any other Lender hereunder, to the extent permitted by applicable law, all fees payable under
clause (i) of Section 2.24 with respect to such Defaulting Revolving Lender’s Letter of Credit Outstandings shall be payable to such Fronting Bank until and to the extent that such Letter of Credit Outstandings is reallocated and/or
cash collateralized; and 

  
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 (d) so long as such Revolving Credit Lender is a Defaulting Revolving Lender, the
applicable Fronting Bank shall not be required to issue, amend, renew or extend any Letter of Credit, unless it is satisfied that the related exposure and the Defaulting Revolving Lender’s then Letter of Credit Outstandings will be fully
covered by the Revolving Credit Commitments of the non-Defaulting Revolving Lenders and/or cash collateral provided by the Borrower in accordance with Section 2.29(c), and participating interest in any such issued, amended, renewed or extended
Letter of Credit will be allocated among the non-Defaulting Revolving Lenders in a manner consistent with Section 2.29(c)(i) (and such Defaulting Revolving Lender shall not participate therein). 

(e) In the event that (i) a Bankruptcy Event with respect to a Revolving Credit Lender Parent shall occur following the
date hereof and for so long as such Bankruptcy Event shall continue or (ii) the applicable Fronting Bank has a good faith belief that any Revolving Credit Lender has defaulted in fulfilling its obligations under one or more other agreements in
which such Lender commits to extend credit, the applicable Fronting Bank shall not be required to issue, amend, renew or extend any Letter of Credit, unless such Fronting Bank shall have entered into arrangements with the Borrower or the applicable
Revolving Credit Lender, satisfactory to such Fronting Bank to defease any risk to it in respect of such Lender hereunder. 

(f) In the event that the Revolving Administrative Agent, the Borrower, and the applicable Fronting Bank each agrees that a
Defaulting Revolving Lender has adequately remedied all matters that caused the applicable Revolving Credit Lender to be a Defaulting Revolving Lender, then the Letter of Credit Outstandings of the Revolving Credit Lenders shall be readjusted to
reflect the inclusion of such Revolving Credit Lender’s Revolving Credit Commitment and on such date such Revolving Credit Lender shall purchase at par such of the Revolving Credit Loans of the other Revolving Credit Lenders as the Revolving
Administrative Agent shall determine may be necessary in order for such Revolving Credit Lender to hold such Revolving Credit Loans in accordance with its Class Percentage; provided that no adjustments will be made retroactively with respect to fees
accrued or payments made by or on behalf of the Borrower while such Revolving Credit Lender was a Defaulting Revolving Lender; provided further that, except as otherwise expressly agreed by the affected parties, no change hereunder from a
Defaulting Revolving Lender to a non-Defaulting Revolving Lender will constitute a waiver or release of any claim of any party hereunder arising from such Revolving Credit Lender’s having been a Defaulting Revolving Lender. 

Section 2.30. Extension of Maturity Date. 

(a) The Borrower may, by delivery of a Maturity Date Extension Request to the Applicable Administrative Agent (which shall
promptly deliver a copy thereof to each of the Lenders of the applicable Class and to the other Administrative Agents) not less than 30 days prior to the then existing Maturity Date for the Revolving Credit Commitments and/or applicable Class of
Term Loans hereunder to be extended (the “Existing Maturity Date”), request that the Lenders of the applicable Class extend the Existing Maturity Date in accordance with this Section 2.30. Each Maturity Date Extension Request
shall (i) specify the 

  
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Revolving Credit Commitments and/or applicable Class of Term Loans hereunder to be extended, (ii) specify the date to which the applicable Maturity Date is sought to be extended,
(iii) specify the changes, if any, to the Applicable Margin to be applied in determining the interest payable on the applicable Class of Loans of, and fees payable hereunder to, Extending Lenders (as defined below) in respect of that portion of
their Revolving Credit Commitments and/or the applicable Class of Term Loans, as applicable, so extended and the time as of which such changes will become effective (which may be prior to the Existing Maturity Date) and (iv) provide that each
Lender of the applicable Class shall have the right to participate on a pro rata basis in such extension. In the event a Maturity Date Extension Request shall have been delivered by the Borrower, each Lender of the applicable Class or Classes shall
have the right to agree to the extension of the Existing Maturity Date and other matters contemplated thereby on the terms and subject to the conditions set forth therein (each Lender agreeing to the Maturity Date Extension Request being referred to
herein as a “Extending Lender” and each Lender not agreeing thereto being referred to herein as a “Non-Extending Lender”), which right may be exercised by written notice thereof, specifying the maximum amount of the
Revolving Credit Commitment and/or Loans of such Lender with respect to which such Lender agrees to the extension of the Maturity Date, delivered to the Borrower (with a copy to the Applicable Administrative Agent) not later than a day to be agreed
upon by the Borrower and the Applicable Administrative Agent following the date on which the Maturity Date Extension Request shall have been delivered by the Borrower (it being understood and agreed that any Lender that shall have failed to exercise
such right as set forth above shall be deemed to be a Non-Extending Lender). If a Lender elects to extend only a portion of its then existing Revolving Credit Commitment and/or applicable Class of Term Loans, as applicable, it will be deemed for
purposes hereof to be an Extending Lender in respect of such extended portion and a Non-Extending Lender in respect of the remaining portion of its Revolving Credit Commitment and/or applicable Class of Term Loans, as applicable, and the aggregate
principal amount of each Type of Loans of the applicable Class of such Lender shall be allocated ratably among the extended and non-extended portions of the applicable Class of Loans of such Lender based on the aggregate principal amount of such
applicable Class of Loans so extended and not extended. If Extending Lenders shall have agreed to such Maturity Date Extension Request in respect of Revolving Credit Commitments and/or applicable Class of Term Loans held by them, then, subject to
Section 2.30(d), on the date specified in the Maturity Date Extension Request as the effective date thereof (the “Extension Effective Date”), (i) the Existing Maturity Date of the applicable Revolving Credit Commitments or
applicable Term Loans shall, as to the Extending Lenders, be extended to such date as shall be specified therein (any such Commitments or Loans so extended, the “Extended Loans”), and (ii) the Applicable Margin and fees with
respect to such Extended Loans (including interest and fees (including Letter of Credit fees) payable in respect thereof) shall be modified as set forth in the Maturity Date Extension Request; provided that the terms of any such Extended
Loans shall be identical to the Revolving Credit Commitments and/or applicable Class of Term Loans of the existing Class from such Extended Loans converted (other than (A) with respect to pricing, fees, final maturity date and amortization and
(B) covenants or other provisions applicable only to periods after the Latest Maturity Date of the then outstanding Term Loans). In addition any Maturity Date Extension Request may, with the consent of the Borrower, the Applicable
Administrative Agent and the Extending Lenders (and no other Lenders) effect such technical changes to this Agreement as are necessary, in the good faith determination of the Applicable Administrative Agent, to reflect such extension of maturity.
Notwithstanding the foregoing, at no time shall there be more than three separate maturity dates with respect to Revolving Credit Commitments. 

  
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 (b) Notwithstanding the foregoing, the Borrower shall have the right, in
accordance with the provisions of Sections 2.27 and 9.03, at any time prior to the Existing Maturity Date, to replace a Non-Extending Lender (for the avoidance of doubt, only in respect of that portion of such Lender’s Revolving Credit
Commitment and/or Revolving Credit Loans subject to a Maturity Date Extension Request that it has not agreed to extend) with a Lender or other financial institution that will agree to such Maturity Date Extension Request, and any such replacement
Lender shall for all purposes constitute a Consenting Lender in respect of the Revolving Credit Commitment and/or applicable Class of Loans assigned to and assumed by it on and after the effective time of such replacement. 

(c) If a Maturity Date Extension Request has become effective hereunder: 

(i) solely in respect of a Maturity Date Extension Request that has become effective in respect of the Revolving Credit
Commitments, not later than the fifth Business Day prior to the Existing Maturity Date with respect to the Revolving Credit Commitments, the Borrower shall make prepayments of Revolving Credit Loans such that, after giving effect to such prepayments
and such provision of cash collateral, the Total Revolving Credit Usage as of such date will not exceed the aggregate Revolving Credit Commitments of the Extending Lenders extended pursuant to this Section (and the Borrower shall not be permitted
thereafter to request any Revolving Credit Loan or any issuance, amendment, renewal or extension of a Letter of Credit if, after giving effect thereto, the Total Revolving Credit Usage would exceed the aggregate amount of the Revolving Credit
Commitments so extended); 
 (ii) solely in respect of a Maturity Date Extension Request that has become effective in respect
of the Revolving Credit Commitments, on the Existing Maturity Date, the Revolving Credit Commitment of each Non-Extending Lender shall terminate, and the Borrower shall repay all the Revolving Credit Loans of each Non-Extending Lender, together with
accrued and unpaid interest and all fees and other amounts owing to such Non-Extending Lender hereunder, it being understood and agreed that, subject to satisfaction of the conditions set forth in Section 4.02, such repayments may be funded
with the proceeds of new Revolving Borrowings made simultaneously with such repayments by the Extending Lenders, which such Revolving Credit Borrowings shall be made ratably by the Extending Lenders in accordance with their extended Revolving Credit
Commitments; and 
 (iii) solely in respect of a Maturity Date Extension Request that has become effective in respect of a
Class of Term Loans, on the Existing Maturity Date for such Class of Term Loans, the Borrower shall repay all the Term Loans of such Class of each Non-Extending Lender, together with accrued and unpaid interest and all fees and other amounts owing
to such Non-Extending Lender 

  
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hereunder, it being understood and agreed that, subject to satisfaction of the conditions set forth in Section 4.02, such repayments may be funded with the proceeds of new Revolving Credit
Borrowings made simultaneously with such repayments by the Revolving Credit Lenders. 
 (d) Notwithstanding the foregoing, no
Maturity Date Extension Request shall become effective hereunder unless, on the related Extension Effective Date, the conditions set forth in Section 4.02 shall be satisfied (with all references in such Section to a Borrowing being deemed to be
references to such Maturity Date Extension Request) and the Applicable Administrative Agent shall have received a certificate to that effect dated such date and executed by a Financial Officer. 

(e) Notwithstanding any provision of this Agreement to the contrary, it is hereby agreed that no extension of an Existing
Maturity Date in accordance with the express terms of this Section 2.30, or any amendment or modification of the terms and conditions of the Revolving Credit Commitments and the Loans of the Consenting Lenders effected pursuant thereto, shall
be deemed to violate Section 2.12(a), Section 2.20 or any other provision of this Agreement requiring the ratable reduction of Revolving Credit Commitments or the ratable sharing of payments. 

Section 2.31. Term Loan Refinancing Facilities. The Borrower may, on one or more occasions, by written notice to the
applicable Term Administrative Agent (with a copy to the Revolving Administrative Agent and the other Term Administrative Agent), obtain Refinancing Indebtedness in respect of all or a portion of the Term Loans of any Class. Each such notice shall
specify the date (each, a “Refinancing Effective Date”) on which the Borrower proposes that such Refinancing Indebtedness shall be incurred, which shall be a date not less than five Business Days after the date on
which such notice is delivered to the applicable Term Administrative Agent; provided that: 
 (a) the
conditions set forth in Sections 4.02(b) and 4.02(c) shall be satisfied (with references therein to the date of a Borrowing deemed to be references to the Refinancing Effective Date), 

(b) substantially concurrently with the incurrence of such Refinancing Indebtedness, the Borrower shall repay or prepay the
Refinanced Indebtedness (together with any accrued but unpaid interest, fees, penalty (if any) thereon and the fees and expenses associated with the refinancing of Refinancing Indebtedness and any prepayment premium with respect thereto) in an
aggregate amount equal to the net cash proceeds of such Refinancing Indebtedness, and any such prepayment of Term Loans of such Class shall be applied to reduce the remaining principal installments of the Term Loans of such Class in accordance with
the terms hereof, and 
 (c) such notice shall set forth, with respect to any Refinancing Indebtedness established thereby in
the form of Refinancing Term Loans, to the extent applicable, the following terms thereof: (i) the designation of such Refinancing Term Loans as a new “Class” for all purposes hereof, (ii) the stated termination and maturity
dates applicable to the Refinancing Term Loans of such Class, (iii) the amortization applicable thereto and the effect 

  
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thereon of any prepayment of such Refinancing Term Loans, (iv) the interest rate or rates applicable to the Refinancing Term Loans of such Class, (v) the fees applicable to the
Refinancing Term Loans of such Class, (vi) any original issue discount applicable thereto, (vii) the initial Interest Period or Interest Periods applicable to Refinancing Term Loans of such Class, (viii) any voluntary or mandatory
commitment reduction or prepayment requirements applicable to Refinancing Term Loans of such Class and any restrictions on the voluntary or mandatory reductions or prepayments of Refinancing Term Loans of such Class and (ix) any financial
covenant with which the Borrower shall be required to comply (to the extent permitted pursuant to the definition of Refinancing Indebtedness). 

Any Lender or any other Eligible Assignee approached by the Borrower to provide all or a portion of the Refinancing Indebtedness may elect or
decline, in its sole discretion, to provide any Refinancing Indebtedness. 
 Any Refinancing Term Loans shall be established pursuant to an
amendment to this Agreement executed and delivered by the Borrower and each Refinancing Term Lender providing such Refinancing Term Loan and the applicable Term Administrative Agent (not to be unreasonably withheld), which shall be consistent with
the provisions set forth in paragraphs (a) through (c) above, inclusive (but which shall not require the consent of any other Lender). Each such amendment shall be binding on the Lenders, the Loan Parties and the other parties hereto and
may effect amendments to the other Loan Documents as may be necessary or appropriate, in the reasonable opinion of the applicable Term Administrative Agent and the Borrower, to effect provisions of this Section 2.31, including any amendments
necessary to treat such Refinancing Term Loans as a new “Class” of loans hereunder. The applicable Term Administrative Agent shall promptly notify each Lender as to the effectiveness of each amendment (if any) in connection with a
refinancing pursuant to Section 2.31. 
 Section 2.32. Incremental Term Facilities. 

(a) The Borrower may, by written notice to the Term Administrative Agents from time to time and on one or more occasions,
request Incremental Term Commitments, from one or more Eligible Assignees (which may include any existing Lender in such Lender’s sole discretion) that are willing to provide such Incremental Term Loans; provided that no Incremental Term
Loans may be borrowed at any time, and no commitments in respect of Incremental Term Loan Facilities may become effective at any time, if the sum, without duplication, of (x) the aggregate principal amount of all Incremental Term Loans borrowed
hereunder at or prior to such time plus (y) the aggregate amount of all Incremental Term Commitments in respect of Incremental Term Loan Facilities that shall have become effective at or prior to such time plus (z) the
aggregate principal amount of all Incremental Equivalent Debt incurred at or prior to such time would exceed the Incremental Cap at such time. Each such notice shall set forth (i) the amount of the Incremental Term Commitments being requested,
(ii) the date on which such Incremental Term Commitments are requested to become effective (the “Increased Amount Date”), and (iii) whether such Incremental Term Commitments are to be the same as the existing Commitments
or commitments to make term loans with interest rates and/or amortization and/or maturity and/or other terms different from the existing Term Loans (the “Other Term Loans”). Each tranche of Incremental Term Loans shall be in an
integral multiple of $1,000,000 and be in an aggregate principal amount that is not less than $25,000,000; provided that such amount may be less than $25,000,000 if such amount represents all the remaining availability under the Incremental
Cap outstanding at such time. 

  
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 (b) The Borrower and each Incremental Term Lender shall execute and deliver to
the Term Administrative Agents an agreement (an “Incremental Assumption Agreement”) and such other documentation as the Term Administrative Agents shall reasonably request to evidence the Incremental Term Commitment of such
Incremental Term Lender, in each case in form and substance reasonably satisfactory to the Term Administrative Agents. Each Incremental Assumption Agreement shall specify the terms of the applicable Incremental Term Loans; provided that
(i) no existing Lender will be required to participate in any such Incremental Term Loan Facility without its consent, (ii) on the date of effectiveness of any Incremental Term Commitment and after giving effect to the making of such
Incremental Term Loans, each of the conditions set forth in Sections 4.02(b) and 4.02(c) shall be satisfied (with references therein to the date of a Borrowing deemed to be references to such date of effectiveness), (iii) the final maturity
date of any Other Term Loans shall be no earlier than the Revolving Credit Maturity Date (without giving effect to the Springing Maturity Date) (or, if longer the Latest Term Maturity Date) and the Weighted Average Life to Maturity of such
Incremental Term Loan Facility shall be not shorter than the then remaining Weighted Average Life to Maturity of the Revolving Credit Facility (or, if longer, the then remaining Weighted Average Life to Maturity of the Term Loans), (iv) each
Incremental Term Loan Facility will have the same guarantees as, and be secured by (X) the PP&E Collateral on a pari passu basis (but without regard to the control of remedies) with the other PP&E First Lien Obligations and
(Y) the Borrowing Base Collateral on a junior basis relative to the Liens on the Borrowing Base Collateral securing the Borrowing Base Priority Obligations, (v) the interest rate margins and original issue discount or upfront fees (if
any), interest rate floors (if any) and amortization schedule applicable to any Incremental Term Loan Facility shall be determined by the Borrower and the applicable Incremental Term Lenders; provided that if the All-in Yield applicable to
any Incremental Term Loan Facility exceeds the All-in Yield applicable to any Class of Term Loans by more than 50 basis points, then the applicable margins for such Class of Term Loans shall be increased to the extent necessary so that the All-in
Yield applicable to such Class of Term Loans is 50 basis points less than the All-in Yield on such Incremental Term Loan Facility; and (vi) the other terms and conditions of such Incremental Term Loan Facility (excluding pricing, fees, optional
prepayment, redemption terms, amortization (subject to the preceding clause (iii)) and for covenants or other provisions applicable only to periods after the Latest Maturity Date at such time), taken as a whole, shall not be more restrictive in any
material respect on the Loan Parties than those with respect to the Term Facility. 
 (c) The Term Administrative Agents
shall promptly notify each Term Loan Lender (and the Revolving Administrative Agent) as to the effectiveness of each Incremental Term Loan Facility. Each of the parties hereto hereby agrees that, upon the effectiveness of any Incremental Assumption
Agreement, this Agreement and the other Loan Documents shall be amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Incremental Term Commitments evidenced thereby. Any such amendment may be memorialized
in writing by the Term Administrative Agents with the Borrower’s consent (not to be unreasonably withheld) and furnished to the other parties hereto but shall not require the consent of any Lender other than the Incremental Term Lenders in
respect of such Incremental Term Commitments. 

  
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 ARTICLE III 

REPRESENTATIONS AND WARRANTIES 

To induce the Administrative Agents and the Lenders to enter into this Agreement, on the 2014 Amendment Effective Date the Borrower hereby
represents and warrants to the Administrative Agents and each Lender that: 
 Section 3.01. Financial Condition. The audited
consolidated balance sheets of the Borrower and its consolidated Subsidiaries as at (x) December 31, 2012, and the related consolidated statements of income and of cash flows for the fiscal years ended on such dates, reported on by and
accompanied by an unqualified report from Ernst & Young LLP and (y) December 31, 2013, and the related consolidated statements of income and of cash flows for the fiscal years ended on such dates, reported on by and accompanied by
an unqualified report from Grant Thornton LLP, in each case present fairly the consolidated financial condition of the Borrower and its consolidated Subsidiaries as at such date, and the consolidated results of its operations and its consolidated
cash flows for the respective fiscal years then ended. All such financial statements, including the related schedules and notes thereto, have been prepared in accordance with GAAP applied consistently throughout the periods involved (except as
approved by the aforementioned firm of accountants and disclosed therein). As of the 2014 Amendment Effective Date, neither the Borrower nor any of its Subsidiaries has any material Guarantee Obligations, contingent liabilities and liabilities for
taxes, or any long-term leases or unusual forward or long-term commitments, including any interest rate or foreign currency swap or exchange transaction or other obligation in respect of derivatives, that are not (x) reflected in the most
recent financial statements referred to in this paragraph or (y) Swap Agreements permitted by Section 6.12. 
 Section 3.02.
No Change. Since December 31, 2013 there has been no material adverse change in the business, financial condition, operations, or property of the Borrower or the Borrower and its Subsidiaries, taken as a whole. 

Section 3.03. Existence; Compliance With Law. Each Loan Party (a) is duly organized, validly existing and in good standing
under the laws of the jurisdiction of its organization, (b) has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently
engaged, (c) is duly qualified as a foreign corporation and in good standing under the laws of each jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such qualification except to the extent
the failure to so qualify or be in good standing could not, in the aggregate, reasonably be expected to have a Material Adverse Effect, and (d) is in compliance with all Requirements of Law except to the extent that the failure to comply
therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect. 
 Section 3.04. Power;
Authorization; Enforceable Obligations. Each Loan Party has the power and authority, and the legal right, to make, deliver and perform the Loan Documents to which it is a party. Each Loan Party has taken all necessary organizational action to
authorize the 

  
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execution, delivery and performance of the Loan Documents to which it is a party and, in the case of the Borrower, to authorize the extensions of credit on the terms and conditions of this
Agreement. No consent or authorization of, filing with, notice to or other act by or in respect of, any Governmental Authority or any other Person is required in connection with the extensions of credit hereunder or with the execution, delivery,
performance, validity or enforceability of this Agreement or any of the Loan Documents, except (i) consents, authorizations, filings and notices described in Schedule 3.04, which consents, authorizations, filings and notices have been obtained
or made and are in full force and effect and (ii) the filings referred to in Section 3.14. Each Loan Document has been duly executed and delivered on behalf of each Loan Party that is party thereto. This Agreement constitutes, and each
other Loan Document upon execution and delivery will constitute, a legal, valid and binding obligation of each Loan Party that is party thereto, enforceable against each such Loan Party in accordance with its terms, except as enforceability may be
limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by general equitable principles (whether enforcement is sought by proceedings in equity or at
law). 
 Section 3.05. No Legal Bar. The execution, delivery and performance of this Agreement and the other Loan Documents, and
the Loans made hereunder and the Letters of Credit issued hereunder will not violate any Requirement of Law or any Contractual Obligation of any Loan Party and will not result in, or require, the creation or imposition of any Lien on any of their
respective properties or revenues pursuant to any Requirement of Law or any such Contractual Obligation (other than the Liens created by the Security Documents). 

Section 3.06. Litigation. Except as disclosed on Schedule 3.06, no litigation, investigation or proceeding of or before any
arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened against the Borrower or any of its Subsidiaries or against any of their respective properties or revenues (a) that calls into question the validity
or enforceability of the Loan Documents or that seeks to enjoin any of the transactions contemplated thereby, or (b) that could reasonably be expected to have a Material Adverse Effect. 

Section 3.07. No Default. No Group Member is in default under any of its Contractual Obligations in any respect that could
reasonably be expected to have a Material Adverse Effect. No Default or Event of Default has occurred and is continuing. 

Section 3.08. Ownership of Property; Liens. Each Group Member has title in fee simple to, or a valid leasehold interest in, all
its real property subject to the Mortgages, and none of its property is subject to any Lien except as permitted by Section 6.03. 

Section 3.09. Intellectual Property. Each Loan Party owns, or is licensed to use, all Intellectual Property necessary for the
conduct of its business as currently conducted. No material claim has been asserted and is pending by any Person challenging or questioning the use, validity or effectiveness of any Intellectual Property, or alleging that any Loan Party is
infringing, misappropriating or otherwise violating the rights of any Person, nor does the Borrower know of any valid basis for any such claim. To the knowledge of the Borrower, the use of Intellectual Property by each Loan Party and the conduct of
their respective businesses does not infringe, misappropriate or otherwise violate the rights of any Person in any material respect. 

  
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 Section 3.10. Taxes. Each Group Member has filed or caused to be filed all federal
income and other material tax returns that are required to be filed and has paid all material taxes due and payable, including any material assessments made against it or any of its property and all other material Taxes imposed on it or any of its
property by any Governmental Authority (other than any the amount or validity of which are currently being contested in good faith by appropriate proceedings and with respect to which reserves in conformity with GAAP have been provided on the books
of the relevant Group Member); no material tax Lien has been filed with respect to any Group Member, and, to the knowledge of the Borrower, no material claim is being asserted against any Group Member, with respect to any such Tax. 

Section 3.11. Investment Company Act; Other Regulations. No Loan Party is an “investment company”, or a company
“controlled” by an “investment company”, within the meaning of the Investment Company Act of 1940, as amended. No Loan Party is subject to regulation under any Requirement of Law (other than Regulation X of the Board) that limits
its ability to incur Indebtedness. 
 Section 3.12. Subsidiaries. Schedule 3.12 sets forth as of the 2014 Amendment Effective
Date the name and jurisdiction of incorporation of each Subsidiary and, as to each such Subsidiary, the percentage of each class of Capital Stock owned by any Loan Party. There are no outstanding subscriptions, options, warrants, calls, rights or
other agreements or commitments (other than stock options granted to employees or directors and directors’ qualifying shares) of any nature relating to any Capital Stock of the Borrower or any other Loan Party, except as created by the Loan
Documents, pursuant to the Investment Agreement and any documentation delivered in connection therewith. 
 Section 3.13. Accuracy
of Information, etc. No statement or information contained in this Agreement, any other Loan Document or any other document, certificate or statement furnished by or on behalf of any Loan Party to the Administrative Agents or the Lenders, or any
of them, for use in connection with the transactions contemplated by this Agreement or the other Loan Documents when taken as a whole together with the Borrower’s public filings with the SEC), contained as of the date such statement,
information, document or certificate was so furnished, in light of the circumstances under which they were made, any untrue statement of material fact or omitted to state a material fact necessary to make the statements contained herein or therein
not materially misleading. Any projections (including the Projections) and pro forma financial information delivered in connection herewith are based upon good faith estimates and assumptions believed by management of the Borrower to be reasonable
at the time made, it being recognized by the Lenders that such financial information as it relates to future events is not to be viewed as fact and that actual results during the period or periods covered by such financial information may differ
from the projected results set forth therein by a material amount. 
 Section 3.14. Security Documents. (a) Each of the
Security Documents (other than the Mortgages) is effective to create in favor of the Collateral Trustee a legal, valid and enforceable security interest in the Collateral described therein for the benefit of the Term Loan Lenders, and a legal, valid
and enforceable security interest in the Collateral described therein for the benefit of the Revolving Credit Lenders (each such security interest being separate and distinct from the other). When the actions described in Schedule 3.14(a) in respect
of each such Security Document have been taken, the Collateral Trustee shall have, pursuant to each such Security 

  
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Document, a fully perfected Lien on, and security interest in, all right, title and interest of the Loan Parties in such Collateral, as security for the “Term Secured Obligations”
described therein, and a fully perfected Lien on, and security interest in, all right, title and interest of the Loan Parties in such Collateral, as security for the “Revolver Secured Obligations” described therein (in either case, to the
extent a Lien or security interest can be perfected by taking such actions under applicable law). 
 (b) Each of the
Mortgages is effective to create in favor of the Collateral Trustee, for the benefit of the Term Loan Lenders, a legal, valid and enforceable Lien on the applicable Loan Party’s right, title and interest to the mortgaged property or trust
property described therein and proceeds thereof, and for the benefit of the Revolving Credit Lenders a legal, valid and enforceable Lien on the applicable Loan Party’s right, title and interest to the mortgaged property or trust property
described therein and proceeds thereof (each such Lien being separate and distinct from the other) and when each Mortgage is filed in the offices specified on Schedule 3.14(b), the Collateral Trustee shall have, pursuant to such Mortgage, a fully
perfected Lien on, and security interest in, all right, title and interest of the Loan Parties in the applicable mortgaged property or trust property described therein, as security for the “Term Secured Obligations” described therein, and
a fully perfected Lien on, and security interest in, all right, title and interest of the Loan Parties in the applicable mortgaged property or trust property described therein, as security for the “Revolver Secured Obligations” described
therein. Schedule 1.01F lists, as of the 2014 Amendment Effective Date, each parcel of owned real property and each leasehold interest in real property located in the United States and held by the Borrower or any Loan Party that is a Domestic
Subsidiary that has a value, in the reasonable opinion of the Borrower, in excess of $5,000,000. 
 Section 3.15. Regulation H.
No Mortgage encumbers improved real property that is located in an area having special flood hazards and in which flood insurance has been made available under the National Flood Insurance Act of 1968, other than properties for which the Borrower
has delivered the following documents to the Collateral Trustee: (a) a completed standard flood hazard determination form, (b) a notification to the borrower that the improvement(s) to the improved Mortgaged Property is located in a
special flood hazard area and flood insurance coverage under the National Flood Insurance Program is available (“Borrower Notice”), (c) documentation evidencing the Borrower’s receipt of the Borrower Notice, and (d) a
copy of one of the following: the flood insurance policy, the borrower’s application for a flood insurance policy plus proof of premium payment, a declaration page confirming that flood insurance has been issued, or such other evidence of flood
insurance satisfactory to the Administrative Agents. 
 Section 3.16. Environmental Matters. Other than (x) as set forth on
Schedule 3.16 or (y) exceptions to any of the following that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect: 

(a) the Borrower and each of its Subsidiaries: (i) are, and within the period of all applicable statutes of limitation
have been, in compliance with all applicable Environmental Laws; (ii) hold all Environmental Permits (each of which is in full force and effect) required for any of their current or intended operations or for any property owned, leased, or
otherwise operated by any of them; (iii) are, and within the period of all applicable statutes of limitation 

  
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have been, in compliance with all of their Environmental Permits; and (iv) reasonably believe that: each of their Environmental Permits will be timely renewed and complied with; any
additional Environmental Permits that may be required of any of them will be timely obtained and complied with; and compliance with any Environmental Law that is or is expected to become applicable to any of them will be timely attained and
maintained; 
 (b) Materials of Environmental Concern are not present at, on, under, in or about any real property now or
formerly owned, leased or operated by the Borrower or any of its Subsidiaries or at any other location (including any location to which Materials of Environmental Concern have been sent for re-use or recycling or for treatment, storage, or disposal)
which could reasonably be expected to (i) give rise to liability of the Borrower or any of its Subsidiaries under any applicable Environmental Law or otherwise result in costs to the Borrower or any of its Subsidiaries, or (ii) interfere
with continued operations of the Borrower or any of its Subsidiaries, or (iii) impair the fair saleable value of any real property owned or leased by the Borrower or any of its Subsidiaries; 

(c) there is no judicial, administrative or arbitral proceeding (including any notice of violation or alleged violation) under
or relating to any Environmental Law to which the Borrower or any of its Subsidiaries is, or to the knowledge of the Borrower or any of its Subsidiaries will be, named as a party that is pending or, to the knowledge of the Borrower or any of its
Subsidiaries, threatened; and to the knowledge of the Borrower or any of its Subsidiaries, there are no judicial, administrative, or arbitral proceedings under or relating to any Environmental Law or any Environmental Permit pending or threatened
against any Person other than the Borrower or any of its Subsidiaries; 
 (d) neither the Borrower nor any of its
Subsidiaries has entered into or agreed to any consent decree, order, or settlement or other agreement, or is subject to any judgment, decree, or order or other agreement, relating to compliance with or liability under any Environmental Law or any
Environmental Permit; 
 (e) neither the Borrower nor any of its Subsidiaries has received any written notice, notification,
demand, claim, summons, order or request for information relating to any Environmental Law or Environmental Permit, or with respect to any Materials of Environmental Concern; and 

(f) neither the Borrower nor any of its Subsidiaries has assumed or retained or is subject to, by contract, operation of law or
otherwise, any liabilities of any kind, fixed or contingent, known or unknown, under or relating to any Environmental Law or any Environmental Permit or with respect to any Materials of Environmental Concern. 

Section 3.17. [Reserved]. 

Section 3.18. Solvency. Immediately after the transactions to occur on the 2014 Amendment Effective Date are consummated and after
giving effect to the application of the proceeds of the Term Loans made on the 2014 Amendment Effective Date, (a) the fair value of the assets of the Loan Parties taken as a whole, at a fair valuation, will exceed their debts and liabilities,
subordinated, contingent or otherwise; (b) the present fair saleable value of the 

  
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property of the Loan Parties taken as a whole will exceed the amount that will be required to pay the probable liability of their debts and other liabilities, subordinated, contingent or
otherwise, as such debts and other liabilities become absolute and matured; (c) the Loan Parties taken as a whole will be able to pay or refinance their debts and liabilities, subordinated, contingent or otherwise, as such debts and liabilities
become absolute and matured; and (d) the Loan Parties taken as a whole will not have unreasonably small capital with which to conduct the businesses in which they are engaged as such businesses are now conducted and proposed to be conducted
after the 2014 Amendment Effective Date. 
 Section 3.19. Regulation U. Neither the Borrower nor any of its Restricted
Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U). 

Section 3.20. Use of Proceeds. The proceeds of the Term Loans shall be used, together with cash on hand, to repay in full on the
2014 Amendment Effective Date all Tranche B Term Loans (as defined in the Original Credit Agreement) and Tranche C Term Loans (as defined in the Original Credit Agreement) and, to the extent applicable, certain Revolving Credit Loans (as defined in
the Original Credit Agreement), in each case outstanding under the Original Credit Agreement and to pay fees and expenses in connection therewith (and, to the extent of any excess, for working capital and general corporate purposes on and after the
2014 Amendment Effective Date). The proceeds of the Revolving Credit Loans shall be used for working capital and general corporate purposes of the Borrower and its Subsidiaries (including to pay fees and expenses incurred in connection with this
Agreement and the transactions described in the preceding sentence). The Letters of Credit shall be issued for general corporate purposes of the Borrower and its Subsidiaries. 

Section 3.21. Labor Matters. There are no strikes, lockouts or slowdowns against any Group Member pending or, to the knowledge of
the Borrower, threatened which could reasonably be expected to have a Material Adverse Effect. The hours worked by and payments made to employees of the Borrower and its Domestic Subsidiaries have not violated in any material respect the Fair Labor
Standards Act or any other applicable Federal, state, local or foreign law dealing with such matters. All material payments due from any Loan Party, or for which any claim may be made against any Loan Party, on account of wages and employee health
and welfare insurance and other benefits, have been paid or accrued as a liability on the books of such Loan Party. 
 Section 3.22.
ERISA. Other than as described on Schedule 3.22, no Termination Event has occurred or is reasonably expected to occur that, when taken together with all other Termination Events for which liability is reasonably expected to occur, could
reasonably be expected to result in a Material Adverse Effect. 
 Section 3.23. Trading with the Enemy Act; Patriot Act; Foreign
Corrupt Practices Act. To the extent applicable, each Loan Party is in compliance, in all material respects, with the (i) Trading with the Enemy Act, as amended, and each sanctions program administered or enforced by OFAC (31 CFR, Subtitle B,
Chapter V, as amended, and Executive Orders issued from time to time by the President of the United States) and any other enabling legislation or executive order relating thereto and (ii) the USA PATRIOT Act (Title III of Pub. L. 107-56

  
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(signed into law October 26, 2001)). No part of the proceeds of the Loans will be used, directly or indirectly, for any payments to any governmental official or employee, political party,
official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of the United States Foreign Corrupt Practices
Act of 1977, as amended. 
 Section 3.24. Economic Sanctions. (a) No Group Member nor, to the knowledge of the Borrower,
any director, officer, employee, agent or affiliate of any Group Member is a Sanctioned Person, is owned or controlled by a Sanctioned Person, or is located, organized or resident in a Sanctioned Country. 

(b) The Borrower will not, directly or indirectly, use the proceeds of the Loans, or lend, contribute or otherwise make
available such proceeds to any subsidiary, joint venture partner or other Person, to fund any activities or business of or with any Person, or in any country or territory, that, at the time of such funding, is the subject of sanctions administered
or enforced by OFAC or the United Nations Security Council, the European Union, Her Majesty’s Treasury or other relevant sanctions authority to which the Borrower is subject. 

ARTICLE IV 
 CONDITIONS OF LENDING

 Section 4.01. [Reserved].  

Section 4.02. Conditions Precedent to Each Loan and Each Letter of Credit. The obligation of the Lenders to make each Loan (other
than a Revolving Credit Loan pursuant to an Refunding Borrowing), of each Fronting Bank to issue and extend or renew each Letter of Credit is subject to the following conditions precedent: 

(a) Notice. The Applicable Administrative Agent shall have received a notice with respect to each Borrowing or the
issuance of each Letter of Credit, as the case may be, as required by Article II. 
 (b) Representations and
Warranties. All representations and warranties contained in this Agreement and the other Loan Documents shall be true and correct in all material respects (except to the extent such representation and warranty is qualified by materiality or
reference to a Material Adverse Effect, in which case it shall be true and correct in all respects) on and as of the date of each Borrowing or the issuance of each Letter of Credit with the same effect as if made on and as of such date except to the
extent such representations and warranties expressly relate to an earlier date, in which case they shall be true and correct on and as of such earlier date. 

(c) No Default. On the date of each Borrowing or the issuance, extension or renewal of each Letter of Credit, no Event
of Default or event which upon notice or lapse of time or both would constitute an Event of Default shall have occurred and be continuing or, unless waived by the Required Revolving Credit Lenders, would result immediately after giving effect to
such Borrowing or issuance, extension or renewal of Letters of Credit. 
 (d) [Reserved]. 

  
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 (e) Borrowing Base Certificate. Solely with respect to the making of any
Revolving Credit Loan, or the issuance, extension or renewal of any Letter of Credit, the Revolving Administrative Agent shall have received a Borrowing Base Certificate dated no more than seven (7) days prior thereto, which Borrowing Base
Certificate shall include supporting schedules as required by the Revolving Administrative Agent. 
 Each Borrowing and each issuance,
extension or renewal of a Letter of Credit shall be deemed to constitute a representation and warranty by the Borrower on the date thereof as to the matters specified in paragraphs (b) and (c) of this Section. 

ARTICLE V 
 AFFIRMATIVE COVENANTS

 From the date hereof and for so long as any Commitment shall be in effect, any Loan shall remain outstanding or any Letter of Credit
shall remain outstanding (in a face amount in excess of the amount of cash then held in the Letter of Credit Account, or in excess of the face amount of back-to-back letters of credit delivered, in each case pursuant to Section 2.05(c)), or any
other amount shall remain outstanding or unpaid under this Agreement, the Borrower shall and shall cause each of its Restricted Subsidiaries (and, solely in the case of Section 5.08, cause each of its Subsidiaries) to: 

Section 5.01. Financial Statements. Furnish to the Revolving Administrative Agent for delivery to the Revolving Credit Lenders and
the Term Administrative Agents for delivery to the Term Loan Lenders: 
 (a) as soon as available, but in any event within
one hundred twenty (120) days after the end of each fiscal year of the Borrower, a copy of the audited consolidated balance sheet of the Borrower and its consolidated Subsidiaries as at the end of such year and the related audited consolidated
statements of income and of cash flows for such year, setting forth in each case in comparative form the figures for the previous year, reported on without a “going concern” or like qualification or exception (except for any such
qualification pertaining to one or more debt maturities occurring within 12 months of the date of the relevant audit opinion), or qualification arising out of the scope of the audit, by Grant Thornton LLP or other independent certified public
accountants of nationally recognized standing; 
 (b) as soon as available, but in any event not later than sixty
(60) days after the end of each of the first three (3) quarterly periods of each fiscal year of the Borrower, the unaudited consolidated balance sheet of the Borrower and its consolidated Subsidiaries as at the end of such quarter and the
related unaudited consolidated statements of income and of cash flows for such quarter and the portion of the fiscal year through the end of such quarter, setting forth in each case in comparative form the figures for the previous year, certified by
a Responsible Officer as being fairly stated in all material respects (subject to normal year-end audit adjustments); and 

(c) to the extent that one or more Unrestricted Subsidiaries exist, simultaneously with the delivery of each set of
consolidated financial statements referred to in Section 5.01(a) and 5.01(b) above, the related consolidating financial statements reflecting only the adjustments necessary to eliminate the accounts of such Unrestricted Subsidiaries from such
consolidated financial statements. 

  
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 All such financial statements shall be complete and correct in all material respects and shall be
prepared in reasonable detail and in accordance with GAAP applied (except as approved by such accountants or officer, as the case may be, and disclosed in reasonable detail therein) consistently throughout the periods reflected therein and with
prior periods. 
 Section 5.02. Certificates; Other Information. Furnish to each of the Administrative Agents: 

(a) concurrently with the delivery of the financial statements referred to in Section 5.01(a), a certificate of the
independent certified public accountants reporting on such financial statements stating that in making the examination necessary therefor no knowledge was obtained of any Event of Default as a result of noncompliance with Section 6.01, except
as specified in such certificate; 
 (b) concurrently with the delivery of any financial statements pursuant to
Section 5.01: 
 (i) a certificate of a Responsible Officer stating that such Responsible Officer has obtained no
knowledge of any Default or Event of Default except as specified in such certificate; and 
 (ii) unless waived by the
Required Revolving Credit Lenders, furnish to the Revolving Administrative Agent a Compliance Certificate containing all information and calculations necessary for determining compliance with Section 6.01 of this Agreement as of the last day of
the fiscal quarter or fiscal year of the Borrower, as the case may be (but only if (A) a Liquidity Event exists at such time, (B) an Event of Default has occurred and is continuing or (C) the Total Revolving Credit Usage at such time
is equal to or greater than 50% of the lesser of (x) the Borrowing Base and (y) the Total Revolving Credit Commitment, in each case at such time); 

(c) as soon as available, and in any event no later than February 28 of each fiscal year of the Borrower, commencing with
February 28, 2015, a detailed consolidated budget for such fiscal year (including a projected consolidated balance sheet of the Borrower and its Subsidiaries as at the end of such fiscal year, the related consolidated statements of projected
cash flow, projected changes in financial position and projected income and a description of the underlying assumptions applicable thereto on a business segment basis) (collectively, the “Projections”); 

(d) [Reserved]; and 

(e) promptly, such additional financial and other information, or arrange such periodic conference calls with the Borrower and
its professionals, as the Administrative Agents may from time to time reasonably request. 

  
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 The Borrower hereby agrees that it will provide to the Administrative Agents all information,
documents and other materials that it is obligated to furnish to the Administrative Agents pursuant to the Loan Documents, including all notices, requests, financial statements, financial and other reports, certificates and other information
materials, but excluding any such communication that (i) relates to a request for a new, or a conversion of an existing, Borrowing or other extension of credit (including any election of an interest rate or interest period relating thereto),
(ii) relates to the payment of any principal or other amount due under this Agreement prior to the scheduled date therefor, (iii) provides notice of any Default or Event of Default or (iv) is required to be delivered to satisfy any
condition contained in Article IV (all such non-excluded communications being referred to herein collectively as “Communications”), by transmitting the Communications in an electronic/soft medium in a format acceptable to the Applicable
Administrative Agent to oploanswebadmin@ citigroup.com or [            ], as applicable. In addition, the Borrower agrees to continue to provide the Communications to the Applicable
Administrative Agent in the manner specified in Section 9.01 and as specified in the other Loan Documents, but only to the extent requested by the Applicable Administrative Agent. The Borrower further agrees that the Applicable Administrative
Agent may, but shall not be obligated to, make the Communications available to the Lenders by posting the Communications on Intralinks, DebtDomain, SyndTrak or a substantially similar electronic transmission systems (the
“Platform”). 
 THE PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE.” THE AGENT PARTIES (AS DEFINED
BELOW) DO NOT WARRANT THE ACCURACY OR COMPLETENESS OF THE COMMUNICATIONS, OR THE ADEQUACY OF THE PLATFORM AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS OR OMISSIONS IN THE COMMUNICATIONS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY,
INCLUDING ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS, IS MADE BY THE AGENT PARTIES IN CONNECTION WITH THE COMMUNICATIONS OR THE PLATFORM. IN
NO EVENT SHALL ANY ADMINISTRATIVE AGENT OR ANY OF THEIR RESPECTIVE AFFILIATES OR ANY OF THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, ADVISORS OR REPRESENTATIVES (COLLECTIVELY, THE “AGENT PARTIES”) HAVE ANY LIABILITY TO
THE BORROWER, ANY LENDER OR ANY OTHER PERSON OR ENTITY FOR DAMAGES OF ANY KIND, INCLUDING DIRECT OR INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES, LOSSES OR EXPENSES (WHETHER IN TORT, CONTRACT OR OTHERWISE) ARISING OUT OF THE
BORROWER’S OR ANY ADMINISTRATIVE AGENT’S TRANSMISSION OF COMMUNICATIONS THROUGH THE INTERNET, EXCEPT TO THE EXTENT THE LIABILITY OF ANY AGENT PARTY IS FOUND IN A FINAL NON-APPEALABLE JUDGMENT BY A COURT OF COMPETENT JURISDICTION TO HAVE
RESULTED PRIMARILY FROM SUCH AGENT PARTY’S GROSS NEGLIGENCE OR WILLFUL MISCONDUCT. 
 Each Administrative Agent agrees that the receipt
of the Communications by such Administrative Agent at its e-mail address set forth above shall constitute effective delivery of the Communications to such Administrative Agent for purposes of the Loan Documents. Each Lender agrees that notice to it
(as provided in the next sentence) specifying that the 

  
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Communications have been posted to the Platform shall constitute effective delivery of the Communications to such Lender for purposes of the Loan Documents. Each Lender agrees (i) to notify
the Applicable Administrative Agent in writing (including by electronic communication) from time to time of such Lender’s e-mail address to which the foregoing notice may be sent by electronic transmission and (ii) that the foregoing
notice may be sent to such e-mail address. 
 Nothing herein shall prejudice the right of any Administrative Agent or any Lender to give any
notice or other communication pursuant to any Loan Document in any other manner specified in such Loan Document. 
 Section 5.03.
Payment of Obligations. Pay, discharge or otherwise satisfy at or before maturity or before they become delinquent, as the case may be, all its material obligations of whatever nature, except where the amount or validity thereof is currently
being contested in good faith by appropriate proceedings and reserves in conformity with GAAP with respect thereto have been provided on the books of the relevant Group Member. 

Section 5.04. Maintenance of Existence; Compliance. (a) (i) Preserve, renew and keep in full force and effect its
organizational existence and (ii) take all reasonable action to maintain all rights (including Intellectual Property rights), privileges and franchises necessary or desirable in the normal conduct of its business, except, in each case, as
otherwise permitted by Section 6.04 or Section 6.05 and except, in the case of clause (ii) above, to the extent that failure to do so could not reasonably be expected to have a Material Adverse Effect; and (b) comply with all
Contractual Obligations and Requirements of Law except to the extent that failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect. 

Section 5.05. Maintenance of Property; Insurance. (a) Keep all property material to the conduct of its business in good
working order and condition, ordinary wear and tear excepted and (b) maintain with financially sound and reputable insurance companies insurance on all its property in at least such amounts and against at least such risks (but including in any
event public liability, product liability and business interruption) as are usually insured against in the same general area by companies engaged in the same or a similar business. 

(b) Cause the Collateral Trustee to at all times be named as loss payee with respect to all “All Risk” insurance
policies and an additional insured (but without any liability for premiums) under all general liability insurance policies maintained pursuant to Section 5.05(a). 

Section 5.06. Inspection of Property; Books and Records; Discussions. (a) Keep proper books of records and account in which
full, true and correct entries in conformity with GAAP and all Requirements of Law shall be made of all dealings and transactions in relation to its business and activities. 

(b) Permit representatives of any Administrative Agent or employees of any Lender during normal business hours (i) to
visit and inspect any of its properties and examine and make abstracts from any of its books and records during regular business hours and as often as may reasonably be desired, but no more than twice per fiscal year so long as no Event of Default
is outstanding, and (ii) to discuss the business, operations, properties and financial and other condition of the Group Members with officers and employees of the Group Members and 

  
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with their independent certified public accountants, in either case on reasonable prior notice and at the expense of such Administrative Agent or such Lender, provided that at any time
after the occurrence and during the continuance of an Event of Default, the reasonable costs and expenses of such Lender in respect of any such inspection shall be at the expense of the Borrower. 

(c) Permit any representatives designated by Revolving Administrative Agent (including any consultants, accountants, lawyers
and appraisers retained by the Revolving Administrative Agent) to conduct evaluations and appraisals of the Borrower’s computation of the Borrowing Base and the assets included in the Borrowing Base and such other assets and properties of the
Loan Parties as the Revolving Administrative Agent or Required Revolving Credit Lenders may require, all upon reasonable prior notice during normal business hours and as often as reasonably requested; provided that such evaluations shall not
be conducted more often than once during each fiscal year of the Borrower and such appraisals shall not be conducted more often than once during each fiscal year of the Borrower (exclusive in each case of any evaluations and appraisals conducted
while an Event of Default has occurred and is continuing); provided further that during such time that Revolving Credit Facility Availability is less than the greater of (a) the lesser of (i) 15% of the aggregate Revolving Credit
Commitments at such time and (ii) 15% of the Borrowing Base at such time and (b) $82,500,000, the Revolving Administrative Agent shall have the right to conduct up to two such evaluations in any fiscal year of the Borrower and the right to
conduct up to two such appraisals in any fiscal year of the Borrower. The Borrower shall pay the reasonable applicable fees (including reasonable and customary internally allocated fees of employees of the Revolving Administrative Agent as to which
invoices have been furnished) and expenses of any such representatives retained by such Administrative Agent as to which invoices have been furnished to conduct any such evaluation or appraisal (it being understood that all such reasonable fees and
expenses described in this sentence shall be in addition to the collateral agency fee described in the Agent’s Fee Letter to which CGMI is a party). 

Section 5.07. Notices. Promptly give notice to each Administrative Agent and each Lender of: 

(a) the occurrence of any Default or Event of Default of which any Loan Party has knowledge; provided that any such
notice in respect of a Financial Covenant Default shall be required to be delivered solely to the Revolving Administrative Agent; 

(b) any default or event of default under any Contractual Obligation of any Group Member of which any Loan Party has knowledge;

 (c) any litigation, investigation or proceeding affecting the Borrower or any of its Subsidiaries (other than any
litigation or investigation in which the Borrower or such Subsidiary is the plaintiff or complainant) (i) in which the amount involved is $25,000,000 or more and not covered by insurance, (ii) in which injunctive or similar relief is
sought, except any such litigation which the Borrower, in consultation with its counsel, has determined in good faith would not reasonably be expected to have a Material Adverse Effect, or (iii) which relates to any Loan Document; 

  
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 (d) the following events, as soon as reasonably possible and in any event within
forty five (45) days after any Loan Party has knowledge thereof: (i) the occurrence of any Reportable Event with respect to any Single Employer Plan, a failure to make any required contribution to a Plan, the creation of any Lien in favor
of the PBGC or a Plan or any withdrawal from, or the termination, Reorganization or Insolvency of, any Multiemployer Plan or (ii) the institution of proceedings or the taking of any other material action by the PBGC or the Borrower or any
Commonly Controlled Entity or any Multiemployer Plan with respect to the withdrawal from, or the termination, Reorganization or Insolvency of, any Plan, in each case, which could reasonably be expected to have a Material Adverse Effect; 

(e) (i) any development, event, or condition in any way related to Environmental Laws, Environmental Permits, or Materials
of Environmental Concern that, individually or in the aggregate with other developments, events or conditions, could reasonably be expected to result in a Material Adverse Effect; (ii) any notice that any Governmental Authority may deny any
application for a Environmental Permit sought by, or revoke or refuse to renew any Environmental Permit held by, the Borrower or any of its Subsidiaries which denial, revocation or refusal could reasonably be expected to result in a Material Adverse
Effect; and (iii) any notice from a Governmental Authority to the Borrower or any of its Subsidiaries under or relating to any Environmental Law including any identification of the Borrower or any of its Subsidiaries as a potentially
responsible party for the investigation or clean-up of Materials of Environmental Concern at any location, whether or not owned, leased or operated by the Borrower or such Subsidiary which identification could reasonably be expected to result in a
Material Adverse Effect; and 
 (f) any development or event that has had or could reasonably be expected to have a Material
Adverse Effect promptly after any Loan Party has knowledge thereof. 
 Each notice pursuant to this Section 5.07 shall be accompanied by a statement of
a Responsible Officer setting forth details of the occurrence referred to therein and stating what action the Borrower or applicable Subsidiary proposes to take with respect thereto. 

Section 5.08. Environmental Laws. (a) Comply in all material respects with, and use reasonable efforts to ensure compliance
in all material respects by all tenants and subtenants, if any, with, all applicable Environmental Laws, and obtain and comply in all material respects with and maintain, and use reasonable efforts to ensure that all tenants and subtenants obtain
and comply in all material respects with and maintain, any and all Environmental Permits. 
 (b) Conduct and complete all
investigations, studies, sampling and testing, and all remedial, removal and other actions required under Environmental Laws and promptly comply in all material respects with all orders and directives of all Governmental Authorities regarding
Environmental Laws, except where the requirement to comply is being contested in good faith and appropriate reserves are being maintained in accordance with GAAP. 

(c) Generate, use, handle, transport, treat, store, release, dispose of, and otherwise manage Materials of Environmental
Concern in a manner that would not reasonably be expected to result in a Material Adverse Effect; and take reasonable efforts to prevent any other Person from generating, using, handling, transporting, treating, storing, releasing, disposing of, or
otherwise managing Materials of Environmental Concern in a manner that could reasonably be expected to result in a Material Adverse Effect. 

  
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 Section 5.09. Additional Collateral, Additional Loan Parties, etc. (a) With
respect to any property acquired after the Original Closing Date by any Loan Party (other than (x) property that would constitute “Excluded Assets” as defined in the Collateral Agreement, (y) any property of the type
described in paragraph (b), (c) or (d) below and (z) any property subject to a Lien expressly permitted by Section 6.03(g)) as to which the Collateral Trustee does not have a perfected Lien for the benefit of the Term Loan
Lenders and a perfected Lien for the benefit of the Revolving Credit Lenders, promptly (but in any event within thirty (30) days (or such longer period as the Applicable Administrative Agent may agree in its reasonable discretion) after such
acquisition (i) execute and deliver to the Collateral Trustee and the Administrative Agents such amendments to the Collateral Agreement or such other documents as the Collateral Trustee or the Administrative Agents deem necessary or advisable
to grant to the Collateral Trustee, for the benefit of the Term Loan Lenders, a security interest in such property and for the benefit of the Revolving Credit Lenders, a security interest in such property (such security interests to be separate and
distinct from each other) and (ii) take all actions necessary to perfect each such security interest, including the filing of Uniform Commercial Code financing statements in such jurisdictions as may be required by the applicable Security
Document or by law. 
 (b) With respect to any fee interest in any real property having a value (together with improvements
thereof), in the reasonable opinion of the Borrower, of $5,000,000 or greater acquired after the Original Closing Date by any Loan Party (other than any such real property subject to a Lien expressly permitted by Section 6.03(g) or 6.03(v)
(but, in the case of any property subject to any Lien permitted by Section 6.03(v), solely if the terms of such Lien prohibit the granting of a Lien to secure the Obligations)), promptly (but in any event within sixty (60) days (or such
longer period as the Applicable Administrative Agent may agree in its reasonable discretion) after such acquisition) (i) execute and deliver a Mortgage, in favor of the Collateral Trustee, for the benefit of the Term Loan Lenders and for the
benefit of the Revolving Credit Lenders, covering such real property, (ii) if requested by the Collateral Trustee or the Applicable Administrative Agent, provide the Lenders, with respect to each Mortgage, the applicable mortgage documentation
described in Part II of Schedule 1.01F. 
 (c) With respect to any new Subsidiary (other than an Unrestricted Subsidiary, an
Excluded Subsidiary or a Receivables Entity) created or acquired after the Original Closing Date by any Group Member (which, for the purposes of this paragraph (c), shall include any existing Subsidiary that ceases to be an Unrestricted Subsidiary,
an Excluded Subsidiary or a Receivables Entity), promptly (but in any event within thirty (30) days (or such longer period as the Administrative Agents may agree in their reasonable discretion) after such creation or acquisition)
(i) execute and deliver to the Collateral Trustee and the Administrative Agents such amendments to the Collateral Agreement as the Collateral Trustee or the Applicable Administrative Agent deems necessary to grant to the Collateral Trustee, for
the benefit of the Term Loan Lenders, a security interest in the Collateral of such new Subsidiary and for the benefit of the Revolving Credit Lenders, a security interest in the Collateral of such Subsidiary (such security interests to be separate
and distinct from each other), (ii) deliver to the Collateral Trustee the certificates representing such Capital Stock (to the extent certificated), together with undated stock powers, in blank, executed and delivered by a duly authorized
officer of the 

  
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relevant Group Member, (iii) cause such new Subsidiary (A) to become a party to the Domestic Subsidiary Guarantee and the Collateral Agreement, (B) to take all actions necessary to
perfect each such security interest, including the filing of Uniform Commercial Code financing statements in such jurisdictions as may be required by the applicable Security Document or by law and (C) to deliver to the Collateral Trustee and
the Administrative Agents each of the documents specified in Section 7(g) of the 2014 Amendment Agreement (with references in such Section to “2014 Amendment Effective Date” being deemed references to the date on which all the other
requirements of this clause (c) are satisfied)), and (iv) if requested by the Collateral Trustee or the Applicable Administrative Agent, deliver to the Collateral Trustee and the Applicable Administrative Agent legal opinions relating to
the matters described above, which opinions shall be in form and substance, and from counsel, reasonably satisfactory to the Collateral Trustee and the Applicable Administrative Agent. 

(d) With respect to any new Excluded Subsidiary of the type described in clauses (b) and (c) of the definition
thereof (other than an Unrestricted Subsidiary) created or acquired after the 2014 Amendment Effective Date and directly owned by any Loan Party, promptly (but in any event within thirty (30) days (or such longer period as the Applicable
Administrative Agent may agree in its reasonable discretion) after such creation or acquisition) (i) execute and deliver to the Collateral Trustee and the Applicable Administrative Agent such amendments to the Collateral Agreement or the
applicable Foreign Pledge Agreement, as the Collateral Trustee or the Applicable Administrative Agent deems necessary to grant to the Collateral Trustee, for the benefit of the Term Loan Lenders, a security interest in the Capital Stock of such new
Subsidiary that is owned directly by any such Loan Party and for the benefit of the Revolving Credit Lenders, a security interest in such Capital Stock (such security interests to be separate and distinct from each other); provided that in no
event shall more than 65% of the total outstanding voting Capital Stock of any such new Subsidiary be required to be so pledged; provided further that no pledges or other security documentation governed by the law of any jurisdiction other
than the United States of America (or any political subdivision thereof) shall be required with respect to any Capital Stock of such a Foreign Subsidiary that is evidenced by a certificate delivered to the Collateral Trustee; (ii) deliver to
the Collateral Trustee the certificates representing such Capital Stock (to the extent certificated), together with undated stock powers, in blank, executed and delivered by a duly authorized officer of the relevant Loan Party, and take such other
action as may be necessary to perfect the Collateral Trustee’s security interest therein; and (iii) if requested by the Collateral Trustee or the Applicable Administrative Agent, deliver to the Collateral Trustee and the Applicable
Administrative Agent legal opinions relating to the matters described above, which opinions shall be in form and substance, and from counsel, reasonably satisfactory to the Collateral Trustee and the Applicable Administrative Agent. 

(e) Without duplication of any obligation set forth in the foregoing clauses of this Section 5.09, with respect to any
Subsidiary of the Borrower that at any time pledges any property to secure the obligations of any Loan Party under any Permitted First Priority Refinancing Debt or Permitted Second Priority Refinancing Debt, or incurs any Guarantee Obligations with
respect to any such obligation, promptly (i) execute and deliver to the Collateral Trustee and the Administrative Agents such amendments to the Collateral Agreement as the Collateral Trustee or the Administrative Agents deem necessary to grant
to the Collateral Trustee, for the benefit of the Term Loan Lenders, a security interest in such 

  
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property and for the benefit of the Revolving Credit Lenders, a security interest in such property (such security interests to be separate and distinct from each other), (ii) to the extent
any such property is Capital Stock, deliver to the Collateral Trustee the certificates representing such Capital Stock (to the extent certificated), together with undated stock powers, in blank, executed and delivered by a duly authorized officer of
the relevant Group Member, (iii) cause such Subsidiary (A) to become a party to the Domestic Subsidiary Guarantee and the Collateral Agreement, (B) to take all actions necessary to perfect each such security interest, including the
filing of Uniform Commercial Code financing statements in such jurisdictions as may be required by the applicable Security Document or by law and (C) to deliver to the Collateral Trustee and the Administrative Agents each of the documents
specified in Section 6 of the 2014 Amendment Agreement (with references in such Section to “2014 Amendment Effective Date” being deemed references to the date on which all the other requirements of this clause (e) are
satisfied)), and (iv) if requested by the Collateral Trustee or the Applicable Administrative Agent, deliver to the Collateral Trustee and the Applicable Administrative Agent legal opinions relating to the matters described above, which
opinions shall be in form and substance, and from counsel, reasonably satisfactory to the Collateral Trustee and the Applicable Administrative Agent. 

(f) Notwithstanding anything in this Section 5.09 or any other Loan Document to the contrary, (1) no Excluded
Subsidiary shall be required to pledge any of its property or assets as collateral under the Loan Documents, (2) no Excluded Subsidiary shall be required to provide a guaranty of any obligations under the Loan Documents, and (3) none of
the Capital Stock of any Excluded Subsidiary shall be pledged as collateral under the Loan Documents other than 65% of the issued and outstanding voting Capital Stock and 100% of the issued and outstanding non-voting Capital Stock of (A) each
wholly owned Domestic Subsidiary that is described in clause (c) of the definition of “Excluded Subsidiary” that is directly owned by a Loan Party and (B) each wholly owned Foreign Subsidiary that is directly owned by the
Borrower or by any Guarantor. 
 Section 5.10. Maintenance of Concentration Account. Establish and maintain with the Revolving
Administrative Agent an account (the “Concentration Account”) to be used by the Loan Parties as their principal domestic concentration or sweep account(s) into which shall be deposited during each Sweep Period the available balances
from the Loan Parties’ operating accounts at the end of each Business Day, net of disbursements paid in the ordinary course of business during such Business Day. Amounts on deposit in the Concentration Account shall be applied as set forth in
Section 2.15(c) during each Sweep Period. 
 Section 5.11. Blocked Accounts. Subject all of the Loan Parties’
lockboxes and accounts that are maintained for the purposes of collecting Receivables of the Loan Parties and that have been identified by the Revolving Administrative Agent and the Loan Parties (and any other lockboxes and accounts that serve the
same purpose as any lockboxes and accounts so identified) to blocked account agreements reasonably acceptable to the Revolving Administrative Agent. The Revolving Administrative Agent shall have the right, at all times during a Sweep Period, to
instruct each applicable depositary bank to transfer on a daily basis all amounts in the subject blocked account constituting Collateral to the Concentration Account.  

  
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 Section 5.12. Borrowing Base Certificate. Furnish to the Revolving Administrative
Agent, no later than (a) four (4) Business Days after the end of each calendar week (each calendar week deemed, for purposes hereof, to end on a Friday), a completed Borrowing Base Certificate showing the Borrowing Base as of the close of
business on the Friday of such calendar week at all times when Revolving Credit Facility Availability is less than the greater of (i) the lesser of (A) 12.5% of the aggregate Revolving Credit Commitments at such time and (B) 12.5% of
the Borrowing Base at such time and, (ii) $68,750,000, (b) eleven (11) Business Days after the end of each fiscal month, a completed Borrowing Base Certificate showing the Borrowing Base as of the close of business on the last day of
such fiscal month, and (c) if requested by the Revolving Administrative Agent, at any other time when the Revolving Administrative Agent reasonably believes that the then existing Borrowing Base Certificate is materially inaccurate, as soon as
reasonably available but in no event later than eleven (11) Business Days after such request, a completed Borrowing Base Certificate showing the Borrowing Base as of the date so requested, in each case with supporting documentation and
additional reports with respect to the Borrowing Base as the Revolving Administrative Agent may reasonably request. The components of the Borrowing Base consisting of inventory shall be updated monthly as of the close of business on the last
Business Day of each fiscal month. 
 Section 5.13. Use of Proceeds. Use the proceeds of the Borrowings made hereunder on and
after the Restatement Effective Date solely for the purposes set forth in Section 3.20. 
 Section 5.14. [Reserved].  

Section 5.15. Designation of Subsidiaries. The Borrower may at any time designate any Subsidiary (other than FMC) as an
Unrestricted Subsidiary or any Unrestricted Subsidiary as a Restricted Subsidiary; provided that (i) the designation of any Unrestricted Subsidiary as a Restricted Subsidiary shall constitute the incurrence at the time of designation of
any Indebtedness or Liens of such Subsidiary existing at such time, (ii) the designation of such Subsidiary as an Unrestricted Subsidiary shall constitute an Investment by the applicable Group Members therein at the date of designation in an
amount equal to the fair market value of each such Group Member’s Investment in such Subsidiary, (iii) no Restricted Subsidiary may be designated as an Unrestricted Subsidiary if it was previously designated an Unrestricted Subsidiary,
(iv) no Subsidiary may be designated as an Unrestricted Subsidiary if, after such designation, it would be a “Restricted Subsidiary” for the purpose of any Incremental Equivalent Debt, any Permitted First Priority Refinancing Debt,
any Permitted Second Priority Refinancing Debt, any Permitted Unsecured Refinancing Debt or any other Indebtedness of any Loan Party in excess of $125,000,000 and (v) immediately before and after any such designation, no Event of Default shall
have occurred and be continuing. 
 ARTICLE VI 

NEGATIVE COVENANTS 
 From the date
hereof and for so long as any Commitment shall be in effect, any Loan shall remain outstanding or any Letter of Credit shall remain outstanding (in a face amount in excess of the amount of cash then held in the Letter of Credit Account, or in excess
of the face amount of back-to-back letters of credit delivered, in each case pursuant to Section 2.05(c)) or any other amount shall remain outstanding or unpaid under this Agreement, the Borrower shall not, and shall not permit any of its
Restricted Subsidiaries to, directly or indirectly: 

  
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 Section 6.01. Fixed Charge Coverage Ratio. Unless waived by the Required Revolving
Credit Lenders, if at any time a Liquidity Event has occurred and is continuing, the Borrower shall not permit the Fixed Charge Coverage Ratio determined for the period of four consecutive fiscal quarters most recently ended at or prior to such time
(a “Test Period”), to be less than 1.00 to 1.00. It is understood and agreed that, during any Adjustment Period, if the Fixed Charge Coverage Ratio for the most recently ended Test Period for which financial statements have been
provided pursuant to Section 5.01 was less than 1.00 to 1.00, the Borrower shall not be entitled to make any new Revolving Credit Borrowing or request (x) the issuance of any new Letter of Credit or (y) the amendment, extension or
renewal of any existing Letter of Credit that would increase the face amount available to be drawn thereunder (it being understood and agreed that any refinancing of Borrowings pursuant to Section 2.14 shall not constitute the making of a new
Revolving Credit Borrowing). 
 Section 6.02. Indebtedness. Create, issue, incur, assume, become liable in respect of or suffer
to exist any Indebtedness, except: 
 (a) Indebtedness of any Loan Party pursuant to any Loan Document; 

(b) (i) Indebtedness of any Loan Party to any other Loan Party, (ii) Indebtedness of any Loan Party to any Group
Member and (iii) Indebtedness of any Restricted Subsidiary that is not a Guarantor to any other Restricted Subsidiary that is not a Guarantor; 

(c) (i) Guarantee Obligations of any Group Member of Indebtedness of any Loan Party, and (ii) Guarantee Obligations
of any Restricted Subsidiary that is not a Guarantor of Indebtedness of any other Restricted Subsidiary that is not a Guarantor; 

(d) Guarantee Obligations of any Group Member of Indebtedness of any Excluded Subsidiary permitted hereunder in an amount not
to exceed $250,000,000; provided that if such Group Member could have incurred the Indebtedness that is being guaranteed directly pursuant to this Section 6.02 (other than pursuant to this clause (d) and determined without
duplication of such Indebtedness), such Guaranteed Obligations may be incurred by such Group Member irrespective of such $250,000,000 limitation; 

(e) Guarantee Obligations of any Person which becomes a Subsidiary of any Group Member or is merged into any Group Member
after the date of this Agreement; provided that (i) such Guarantee Obligation was in existence on the date such Person became a Subsidiary of, or was merged into, such Group Member, (ii) such Guarantee Obligation was not created in
contemplation of such Person becoming a Subsidiary of, or merging into, such Group Member and (iii) immediately after giving effect to the acquisition of such Person by such Group Member, no Default or Event of Default shall have occurred and
be continuing; 
 (f) Indebtedness outstanding on the 2014 Amendment Effective Date and listed on Schedule 6.02(f) and any
Permitted Refinancing thereof; provided that this Section 6.02(f) shall not permit the incurrence of any new Indebtedness to refinance, replace, refund, renew or extend any Indebtedness owing to a Group Member unless the obligee on such
new Indebtedness is also a Group Member; 

  
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 (g) Indebtedness (including, purchase money Indebtedness and Capital Lease
Obligations) incurred after the 2014 Amendment Effective Date to finance Capital Expenditures; provided that the aggregate principal amount of Indebtedness incurred in reliance on this Section 6.02(g) shall not exceed $200,000,000 in any
fiscal year; 
 (h) [Reserved]; 

(i) Indebtedness incurred in the ordinary course of business under travel and expense cards, corporate purchasing cards and car
leasing programs, and Guarantee Obligations of the Borrower with respect to any such Indebtedness; 
 (j) Indebtedness of any
Excluded Subsidiary to any Loan Party constituting an Investment permitted pursuant to Section 6.08(u) or Section 6.08(z). 

(k) Intercompany and third-party Indebtedness incurred in the ordinary course of business in connection with the cash pooling
and/or interest set-off arrangements described in Section 6.03(k); 
 (l) Indebtedness in connection with Swap
Agreements not prohibited by Section 6.12; 
 (m) Indebtedness secured by Liens permitted by Section 6.03(a), (b),
(c), (d), (e), (i), (l), (m) or (n) to the extent the obligations secured thereby constitute Indebtedness; 
 (n)
Incremental Equivalent Debt and any Permitted Refinancing thereof; provided that (i) no Incremental Equivalent Debt may be incurred at any time if the sum of (A) the aggregate principal amount of all Incremental Term Loans borrowed
hereunder at or prior to such time plus (B) the aggregate amount of all Incremental Term Loan Commitments (that have not been funded at or prior to such time) in respect of Incremental Term Loans that shall have become effective at or
prior to such time plus (C) the aggregate principal amount of all Incremental Equivalent Debt incurred at or prior to such time would exceed the Incremental Cap at such time and (ii) if the All-in Yield applicable to any Incremental
Equivalent Debt or Permitted Refinancing thereof that is in the form of term loans secured by the Collateral on a pari passu basis with the Liens on the Collateral securing the Term Loans exceeds the All-in Yield applicable to any Class of
Term Loans by more than 50 basis points, then the applicable margins for such Class of Term Loans shall be increased to the extent necessary so that the All-in Yield applicable to such Class of Term Loans is 50 basis points less than the All-in
Yield on such Incremental Equivalent Debt or Permitted Refinancing thereof; 
 (o) [Reserved]; 

(p) [Reserved]; 

  
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 (q) Permitted Subordinated Indebtedness (including Permitted Designated
Subordinated Indebtedness) and any other Indebtedness (other than Indebtedness of an Excluded Subsidiary) in an aggregate outstanding principal amount incurred and outstanding following the 2013 Amendment Effective Date not to exceed the sum of
(x) $200,000,000 plus (y) such other amount so long as (1) after giving effect to the incurrence of such Indebtedness, the Consolidated Interest Coverage Ratio as of the last day of the most recently ended fiscal quarter for
which financial statements have been delivered pursuant to Section 5.01(a) or Section 5.01(b), computed on a Pro Forma Basis, equals or exceeds 2.00 to 1.00 and (2) unless waived by the Required Revolving Credit Lenders, the Payment
Conditions are satisfied at the time of incurrence of such Indebtedness (any such Indebtedness incurred in accordance with this paragraph, “Permitted Junior Debt”); 

(r) Intercompany Loans incurred in order to consummate (i) the Tax Restructuring or (ii) the Business Segmentation
Restructuring Plan (in either case, including any Intercompany Loans arising solely as a result of the recharacterization as Indebtedness of any equity Investment made by any Group Member in any other Group Member and permitted by
Section 6.08); 
 (s) Indebtedness of any Person which becomes a Restricted Subsidiary or is merged into any Group
Member after the date of this Agreement; provided that (i) such Indebtedness was in existence on the date such Person became a Restricted Subsidiary of, or merged into, such Group Member, (ii) such Indebtedness was not created in
contemplation of such Person becoming a Restricted Subsidiary of, or merging into, such Group Member and (iii) immediately after giving effect to the acquisition of such Person by such Group Member no Default or Event of Default shall have
occurred and be continuing; 
 (t) Indebtedness of any Group Member owed to any other Group Member and arising solely as a
result of the recharacterization as Indebtedness of any equity Investment made by any Group Member in any other Group Member and permitted by Section 6.08; 

(u) [Reserved]; 

(v) [Reserved]; 

(w) Indebtedness in respect of any Permitted Receivables Facility; 

(x) Indebtedness incurred to fund obligations arising from the exercise of a right of first refusal or a right of last refusal
relating to Turkish Joint Ventures in an aggregate outstanding principal amount not to exceed at any date $200,000,000; 

(y) Indebtedness of Excluded Subsidiaries in an aggregate principal amount not to exceed at any date $200,000,000; 

(z) other Indebtedness of the Group Members in an aggregate outstanding principal amount for all Group Members not to exceed at
any date $1,000,000,000; and 
 (aa) (i) Refinancing Indebtedness incurred pursuant to Section 2.31 (including
Refinancing Indebtedness which refinances existing Refinancing Indebtedness; provided that the net cash proceeds thereof are used to make the prepayments required under Section 2.31(b) and (ii) any Permitted Refinancing thereof
(including successive Permitted Refinancings). 

  
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For purposes of determining the outstanding principal amount of any particular Indebtedness incurred pursuant to this Section 6.02: (1) Indebtedness permitted by this Section 6.02
need not be permitted solely by reference to one provision permitting such Indebtedness but may be permitted in part by one such provision and in part by one or more other provisions of this covenant permitting such Indebtedness; and (2) in the
event that Indebtedness meets the criteria of more than one of the types of Indebtedness described in this covenant, the Borrower, in its sole discretion, shall classify such Indebtedness (or any portion thereof) as of the time of incurrence and
will only be required to include the amount of such Indebtedness in one of such clauses (provided that any Indebtedness originally classified as being incurred under one clause of this Section 6.02 (other than clauses (a), (n) or (q)) may
later be reclassified as having been incurred pursuant to any other of clause of this Section 6.02 (other than clauses (a), (n) or (q)) to the extent that such reclassified Indebtedness could be incurred pursuant to such other clause if it
were incurred at the time of such reclassification). 
 Section 6.03. Liens. Create, incur, assume or suffer to exist any Lien
upon any of its property, whether now owned or hereafter acquired, except: 
 (a) Liens for taxes, assessments or
governmental charges not yet due or that are being contested in good faith by appropriate proceedings, provided that adequate reserves with respect thereto are maintained on the books of the Borrower or its Restricted Subsidiaries, as the
case may be, in conformity with GAAP or in the case of a Restricted Subsidiary located outside the United States, general accounting principles in effect from time to time in its jurisdiction of incorporation; 

(b) carriers’, warehousemen’s, mechanics’, landlords’, materialmen’s, repairmen’s or other like
Liens arising in the ordinary course of business that are not overdue for a period of more than sixty (60) days or that are being contested in good faith by appropriate proceedings; 

(c) pledges or deposits in connection with workers’ compensation, unemployment insurance and other social security
legislation; 
 (d) deposits to secure the performance of bids, trade contracts (other than for borrowed money), leases,
statutory obligations, surety and appeal bonds, performance bonds and other obligations of a like nature incurred in the ordinary course of business; 

(e) easements, rights-of-way, zoning and similar restrictions and other similar encumbrances or title defects incurred in the
ordinary course of business that do not materially detract from the value of the property subject thereto or materially interfere with the ordinary conduct of the business of any Group Member; 

(f) (i) Liens in existence on the 2014 Amendment Effective Date and listed on Schedule 6.03(f) securing Indebtedness in
existence on the date hereof and permitted by Section 6.02(f) and (ii) renewals of any Liens permitted by clause (i) securing Indebtedness permitted by Section 6.02(f) that is a refinancing, replacement, refunding, renewal or
extension of any Indebtedness described in clause (i), provided that no such Lien permitted by this clause (ii) shall cover any property that is not subject to such Lien on the date hereof and that the amount of Indebtedness secured
thereby is not increased after the date hereof; 

  
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 (g) Liens securing Indebtedness of any Group Member incurred pursuant to
Section 6.02(g) to finance purchase money Indebtedness or any other Capital Expenditure, provided that (i) such Liens shall be created substantially simultaneously with, or within 60 days after, the making of such Capital
Expenditure and (ii) such Liens do not at any time encumber any property other than the property financed by such Indebtedness; 

(h) Liens created pursuant to the Security Documents securing the Obligations, the Cash Management Obligations and the Hedging
Obligations; 
 (i) Liens in favor of any Governmental Authority to secure progress, advance or other payments pursuant to
any contract or provision of any statute; 
 (j) Liens on assets of any Excluded Subsidiary to secure Indebtedness of any
Group Member (including Indebtedness of such Excluded Subsidiary) permitted under Section 6.02(y) or (z); 
 (k) Liens
created in the ordinary course of business in favor of banks and other financial institutions on credit balances of any bank accounts of any Group Member held at such banks or financial institutions, as the case may be, to facilitate the operation
of cash pooling and/or interest set-off arrangements in respect of such bank accounts in the ordinary course of business; 

(l) Liens arising from leases, subleases or licenses granted to others which do not interfere in any material respect with the
business of any Group Member; 
 (m) Liens arising by virtue of any statutory or common law provision relating to
bankers’ liens, rights of set-off or similar rights and remedies as to deposit accounts; 
 (n) any interest or title of
a lessor under any lease entered into by any Group Member in the ordinary course of its business and covering only the assets so leased; 

(o) [Reserved]; 

(p) Liens securing Permitted Receivables Facilities; 

(q) Liens securing Indebtedness permitted by Section 6.02(b) or 6.02(j) on the assets of the Restricted Subsidiaries
described therein; provided that any such Liens on assets of any Loan Party shall be subordinated to any and all Liens securing the Obligations, the Cash Management Obligations and the Hedging Obligations and any other Liens governed by the
Intercreditor Agreements on terms and conditions reasonably satisfactory to each Administrative Agent in its discretion; 

(r) Liens securing Indebtedness permitted by Section 6.02(i), (r) or (x); 

(s) Liens arising from judgments and attachments in connection with court proceedings; provided that (i) the
attachment or enforcement of such Liens would not result in an Event of Default hereunder, (ii) such Liens are being contested in good faith by appropriate proceedings, (iii) no material assets or property of any Group Member is subject to
material risk of loss or forfeiture, and (iv) a stay of execution pending appeal or proceeding for review is in effect; 

  
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 (t) Liens on cash or Cash Equivalents to secure the obligations of any Group
Member under any Swap Agreement not prohibited by Section 6.12; 
 (u) [Reserved]; 

(v) Liens on property or assets acquired by any Group Member or on property or assets of any Person which becomes a Subsidiary
of a Group Member, in any such case existing at the time of the acquisition thereof (including acquisition through merger or consolidation) and not incurred in contemplation of such acquisition; 

(w) with respect to each Mortgaged Property, the Liens permitted in the Mortgage for such Mortgaged Property; 

(x) Liens created under Section 4.07 of the Collateral Trust Agreement in favor of the Collateral Trustee; 

(y) Liens granted by the Borrower or a Restricted Subsidiary upon one or more Intercompany Loan Notes securing Indebtedness
owing to the Borrower or a Restricted Subsidiary; 
 (z) [Reserved]. 

(aa) Liens not otherwise permitted by this Section so long as the aggregate outstanding principal amount of the obligations
secured thereby shall not exceed, as to all Group Members, $250,000,000 at any one time; 
 (bb) Liens on the Collateral
securing (x) any Permitted First Priority Refinancing Debt or Permitted Second Priority Refinancing Debt, in each case incurred pursuant to Section 2.31 and permitted by Section 6.02(aa) and any Permitted Refinancing thereof
(including with Refinancing Indebtedness) or (y) any Incremental Equivalent Debt and any Permitted Refinancing thereof (including with Refinancing Indebtedness); provided that, in each case such Liens are subject to the applicable
Intercreditor Agreements and are made in favor of the Collateral Trustee in accordance with the Collateral Trust Agreement; and 

(cc) Liens on the Collateral securing Permitted Junior Debt; provided that (x) any such Liens on the Borrowing Base
Collateral shall be junior to the Liens on the Borrowing Base Collateral securing the Borrowing Base Priority Obligations pursuant to the ABL Intercreditor Agreement (and the holders thereof (or their representatives) shall be party to the ABL
Intercreditor Agreement), (y) any such Liens on the PP&E Collateral shall be junior to the Liens on the PP&E Collateral securing the PP&E First Lien Obligations pursuant to (i) the Second Lien Intercreditor Agreement (and the
holders thereof (or their representatives) shall be party to the Second Lien Intercreditor Agreement) or (ii) a customary intercreditor agreement in form and substance reasonably acceptable to the Administrative Agents and the Borrower that
contains subordination and other terms that are no less favorable to the Administrative Agents and the Lenders than the terms of the subordination of the “Second Liens” referred to 

  
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in the Second Lien Intercreditor Agreement (and the holders thereof (or their representatives) shall be party to such customary intercreditor agreement) and (z) the holders of such Permitted
Junior Debt (or their representatives) shall have executed and delivered to the Collateral Trustee a counterpart to the Collateral Trust Agreement (or another written notice to the Collateral Trustee acknowledging the Liens on the Collateral shall
be held by the Collateral Trustee and that such holder’s security interest in the Collateral shall be subject to the terms of the Collateral Trust Agreement). 

Section 6.04. Fundamental Changes. Enter into any merger, consolidation or amalgamation, or liquidate, wind up or dissolve itself
(or suffer any liquidation or dissolution), or Dispose of all or substantially all of its property or business, except that: 

(a) So long as no Default or Event of Default shall have occurred and be continuing, the Borrower may merge or consolidate with
or into any other Person; provided that (A) the Borrower shall be the continuing or surviving Person or the Person formed by or surviving any such merger or consolidation is (x) a corporation or (y) partnership or limited
liability company organized or existing under the laws of the United States, any state thereof or the District of Columbia (such Person, if not the Borrower, the “Successor Borrower”), and, in the case of clause (y), the Lenders
will not recognize income, gain or loss for U.S. federal income tax purposes as a result of such merger or consolidation and will be subject to federal income tax on the same amounts, in the same manner and at the same times as would have been the
case if such merger or consolidation had not occurred, (B) the Successor Borrower (if applicable) expressly assumes all the obligations of the Borrower under the Loan Documents and the Loans pursuant to an assumption agreement or other
documents or instruments in form reasonably satisfactory to the Administrative Agents, (C) each Guarantor, by supplement to the Domestic Subsidiary Guarantee, confirms that the guarantee made by it pursuant thereto shall apply to the Successor
Borrower’s obligations under this Agreement, (D) each Loan Party, by supplement to each applicable Security Document, confirms that the liens granted by it thereunder shall secure the Successor Borrower’s obligations under this
Agreement, (E) if requested by the Administrative Agents, each mortgagor of a Mortgaged Property, by an instrument reasonably satisfactory to the Collateral Trustee, confirms that the liens granted by it thereunder shall secure the Successor
Borrower’s obligations under this Agreement, (F) each Lender shall have received, to the extent not previously delivered to such Lender, all documentation and other information required by bank regulatory authority under applicable
“know your customer” and anti-money laundering rules and regulations, including the USA PATRIOT Act and (G) the Borrower delivers to the Administrative Agents an officer’s certificate and an opinion of counsel to the effect that
such merger or consolidation, and the supplements referred to in the preceding clauses, comply with this Agreement. Notwithstanding the foregoing, the Borrower and any of its Restricted Subsidiaries may (x) merge with an Affiliate that has no
material assets or liabilities and that is incorporated or organized solely for the purpose of reincorporating or reorganizing the Borrower, as the case may be, in any state of the United States or the District of Columbia and (y) may otherwise
convert its legal form under the laws of its jurisdiction of organization. The Lenders hereby authorize the Administrative Agents to enter into and deliver such agreements, amendments and modifications to the Loan Documents as are necessary to
effectuate any such transaction consummated pursuant to this clause (a) and to substitute the Successor Borrower for the Borrower under the Loan Documents and the Loans; 

  
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 (b) So long as no Default or Event of Default shall have occurred and be
continuing, any Person may merge into or consolidate with or amalgamate with any Restricted Subsidiary in a transaction in which the surviving entity is a Restricted Subsidiary and (if any party to such merger or consolidation or amalgamation is a
Guarantor or a Wholly Owned Subsidiary Guarantor) a Guarantor or a Wholly Owned Subsidiary Guarantor, as the case may be; 

(c) any Group Member may Dispose of any or all of its assets (including transfers of Intercompany Loans or equity Investments)
to any other Group Member; provided that if the Borrower or any Restricted Subsidiary that is not an Excluded Subsidiary Disposes of assets to a Restricted Subsidiary that is an Excluded Subsidiary, such Disposition complies with
Section 6.08(h), (u) or (x); 
 (d) any Investment expressly permitted by Section 6.08 may be structured as a
merger, consolidation or amalgamation; 
 (e) any Restricted Subsidiary which has Disposed of all of its assets as permitted
under this Section 6.04 and Section 6.05 or otherwise has no assets may be liquidated; 
 (f) the Group Members may
consummate the transactions contemplated under (i) the Tax Restructuring, (ii) the Business Segmentation Restructuring Plan or (iii) the Permitted Corporate Structure Transactions; 

(g) any Joint Venture may be liquidated; provided that (x) the assets and liabilities thereof are distributed to
the owners of such Joint Venture, pro rata, in accordance with such owners’ respective equity interests in such Joint Venture and (y) the Net Cash Proceeds thereof are applied to prepay the Loans, to the extent required by
Section 2.15 or Section 2.16, as applicable; and 
 (h) any Restricted Subsidiary that is not a Guarantor may be
liquidated or dissolved after the 2014 Amendment Effective Date (i) into a Group Member or (ii) to effectuate a Disposition permitted under Section 6.05. 

Section 6.05. Disposition of Property. Dispose of any of its property, whether now owned or hereafter acquired, or, in the case of
any Restricted Subsidiary, issue or sell any shares of such Restricted Subsidiary’s Capital Stock to any Person, except: 

(a) the Disposition of obsolete or worn out property in the ordinary course of business; 

(b) the sale of inventory in the ordinary course of business and Dispositions of Cash Equivalents in the ordinary course of
business; 
 (c) Dispositions (i) in the form of transactions permitted by Section 6.04 and (ii) constituting
Restricted Payments permitted by Section 6.06; 
 (d) Dispositions of Receivables pursuant to Factoring Arrangements, so
long as (i) solely with respect to Factoring Arrangements entered into by Excluded Subsidiaries, on the last day of each calendar month, the aggregate amount of Receivables that have been Disposed

  
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of pursuant to Factoring Arrangements of the Excluded Subsidiaries and that are then outstanding shall not exceed the Factoring Basket then in effect and (ii) immediately after giving effect
to any such Disposition of Receivables (other than Long Dated Accounts Receivable that are, at the time of determination, not Eligible Accounts Receivable) of Group Members that are not Excluded Subsidiaries pursuant to a Factoring Arrangement, the
amount of Available Accounts Receivable, determined as of the date of such Disposition, shall not be less than 40% of the lesser of (x) the aggregate Borrowing Base as of such date and (y) the Total Revolving Credit Commitment as of such
date (and the Borrower shall have furnished to the Revolving Administrative Agents advance written notice of such Factoring Arrangement, including the aggregate amount of Receivables expected to be Disposed of pursuant to such Factoring Arrangement
and a list, in reasonable detail, of the Receivables to be subject to such Factoring Arrangement); 
 (e) Dispositions
pursuant to sale and leaseback transactions permitted pursuant to Section 6.11; 
 (f) the sale, issuance or transfer of
any Subsidiary’s Capital Stock in a merger or similar transaction permitted under Section 6.04 pursuant to which such Subsidiary is Disposed of or to the Borrower or any Wholly Owned Subsidiary Guarantor or the sale, issuance or transfer
of any Excluded Subsidiary’s Capital Stock to any other Excluded Subsidiary; 
 (g) any Permitted Asset Sales;
provided that (i) the Net Cash Proceeds thereof are applied to prepay the Loans, to the extent required by Section 2.15 or Section 2.16, as applicable and (ii) if (A) the aggregate fair market value of all
consideration paid to the Group Members in respect of any such Asset Sale is greater than or equal to $50,000,000 and (B) such Asset Sale is consummated at any time when the Borrower is required to comply with the financial covenant set forth
in Section 6.01, the Borrower shall be in compliance (unless compliance is waived by the Required Revolving Credit Lenders), determined on a Pro Forma Basis, with such covenant, and the Borrower shall have delivered to the Revolving
Administrative Agent prior to the consummation of such Asset Sale such financial information as the Revolving Administrative Agent shall reasonably request to demonstrate such pro forma compliance; 

(h) any Disposition that does not constitute an “Asset Sale” pursuant to clause (b) of the definition thereof;

 (i) Dispositions constituting Investments permitted by Section 6.08; 

(j) Dispositions consisting of (i) operating leases to Loan Parties, (ii) operating leases to Joint Ventures of
assets at a fair market value in an aggregate amount not to exceed at any date the Joint Venture Basket then in effect and (iii) operating leases to Excluded Subsidiaries of assets at a fair market value; 

(k) intercompany Dispositions necessary in order to effect (i) the Tax Restructuring, (ii) the Business Segmentation
Restructuring Plan or (iii) the Permitted Corporate Structure Transactions; 

  
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 (l) the licensing of Intellectual Property in the ordinary course of business in
a manner consistent with past practices of the Borrower and its Restricted Subsidiaries; 
 (m) transfers of accounts
receivable and related rights by F-M Canada to the Borrower; 
 (n) involuntary dispositions consisting of property or
casualty events or condemnation proceedings, in each case resulting in a Recovery Event; 
 (o) Dispositions of in-plant
maintenance, repair and operating and perishable tooling operations to third parties in connection with the outsourcing and such operations; 

(p) the Specified Divestitures; and 

(q) Dispositions of assets pursuant to a Permitted Receivables Facility. 

Section 6.06. Restricted Payments. Declare or pay any dividend (other than dividends payable solely in common stock of the Person
making such dividend) on, or make any payment on account of, or set apart assets for a sinking or other analogous fund for, the purchase, redemption, defeasance, retirement or other acquisition of, any Capital Stock of any Group Member, whether now
or hereafter outstanding, or make any other distribution in respect thereof, either directly or indirectly, whether in cash or property or in obligations of any Group Member (collectively, “Restricted Payments”), except that: 

(a) any Restricted Subsidiary may make Restricted Payments to the Borrower or any Wholly Owned Subsidiary Guarantor; 

(b) any Restricted Subsidiary that is not a Guarantor may make Restricted Payments to any other Group Member; 

(c) any Restricted Subsidiary may make Restricted Payments to Persons directly owning Minority Interests, if such Restricted
Subsidiary shall first have made, or shall substantially simultaneously make, a Restricted Payment to the Group Member which has an ownership interest in such Restricted Subsidiary in an amount not less than such Group Member’s proportionate
share (based upon such Group Member’s percentage ownership interest in such Restricted Subsidiary) of the total Restricted Payment to be made by such Restricted Subsidiary; 

(d) any Restricted Subsidiary may make Restricted Payments necessary in order to consummate (i) the Tax Restructuring,
(ii) the Business Segmentation Restructuring Plan or (iii) the Permitted Corporate Structure Transactions; 
 (e)
the Borrower may make Restricted Payments to members of management pursuant to compensation arrangements typical of companies of similar size and scope; 

(f) so long as (x) the Payment Conditions are satisfied at the time of the making of any such Restricted Payment (unless
such requirement has been waived by the Required Revolving Credit Lenders) and (y) the Total Net Leverage Ratio as of the last day of the 

  
 126 

 
immediately preceding fiscal quarter for the period of four consecutive fiscal quarters ending on the date of such Restricted Payment, computed on a Pro Forma Basis (after giving pro forma effect
to any transaction occurring in connection with any such Restricted Payment) as if such Restricted Payment and any such transaction had been made on the first day of the period of four consecutive fiscal quarters ending on such last day, is less
than 3.50 to 1.00, the Borrower may make Restricted Payments in an aggregate amount for all such Restricted Payments made under this clause (f), together with the aggregate amount for all Investments made pursuant to Section 6.08(r), in each
case, on or after the 2014 Amendment Effective Date not to exceed the Available Amount at such time; 
 (g) any Group Member
may make Restricted Payments in connection with the retention of the Intercompany Loan Notes (without limiting payments relating to Intercompany Loan Notes in connection with the Tax Restructuring, the Business Segmentation Restructuring Plan or the
Permitted Corporate Structure Transactions); 
 (h) [Reserved]; 

(i) any Group Member may make Restricted Payments that result from Investments permitted pursuant to Section 6.08(x); 

(j) [Reserved]; 

(k) the Borrower may make Restricted Payments so long as at the time of such Restricted Payment and immediately after giving
effect thereto, (x) the Payment Conditions shall have been satisfied (unless such requirement has been waived by the Required Revolving Credit Lenders) and (y) the Total Net Leverage Ratio as of the last day of the immediately preceding
fiscal quarter for the period of four consecutive fiscal quarters ending on such date, computed on a Pro Forma Basis (after giving pro forma effect to any transaction occurring in connection with any such Restricted Payment) as if such Restricted
Payment and any such transaction had been made on the first day of the period of four consecutive fiscal quarters ending on such last day, is less than 3.50 to 1.00 (or, if such Restricted Payment is in the form of cash, 3.00 to 1.00); and 

(l) (i) for any taxable period (or portion thereof) during which the Borrower (or FMC) is not subject to the Tax
Allocation Agreement, if the Borrower is either (x) a partnership or disregarded entity for U.S. federal income tax purposes or (y) is a member of a consolidated group of which a direct or indirect parent of the Borrower is the common
parent, the Borrower may make cash distributions to its equity holders or partners in an amount not to exceed the Tax Amount and (ii) for any taxable period (or portion thereof) during which the Borrower (or FMC) is subject to the Tax
Allocation Agreement, the Borrower (or FMC) may make payments pursuant to the Tax Allocation Agreement, in each case to the extent not duplicative of any amounts paid directly by any Group Member in respect of the applicable taxes. 

Section 6.07. [Reserved.] 

  
 127 

 Section 6.08. Investments. Make any advance, loan, extension of credit (by way of
guaranty or otherwise) or capital contribution of cash or other property to, or purchase any Capital Stock, bonds, notes, debentures or other debt securities of, or any assets constituting a business unit of, or make any other investment in, any
Person (all of the foregoing, “Investments”), except: 
 (a) extensions of trade credit and the conversion
of overdue trade receivables into notes receivables, in each case in the ordinary course of business; 
 (b) Investments in
Cash Equivalents; 
 (c) Guarantee Obligations permitted by Section 6.02; 

(d) loans and advances to employees of any Group Member in the ordinary course of business (including for travel, entertainment
and relocation expenses or pursuant to any Plan) in an aggregate amount for all Group Members not to exceed $10,000,000 at any one time outstanding; 

(e) Investments consisting of Permitted Net Cash Proceeds Reinvestments made by any Group Member with the proceeds of any
Reinvestment Deferred Amount; 
 (f) Investments permitted by Section 6.04(a), (b), (c) or (e) or
Section 6.05(f); 
 (g) Investments consisting of Intercompany Loans permitted under Section 6.02(b), (k) or
(t); 
 (h) (i) Investments existing on the 2014 Amendment Effective Date in Excluded Subsidiaries,
(ii) Investments in a Foreign Subsidiary for the purpose of complying with local statutory capitalization requirements in such Foreign Subsidiary’s host jurisdiction and (iii) so long as the Permitted Investment Payment Conditions are
satisfied at the time of the making of any such Investment (unless such requirement has been waived by the Required Revolving Credit Lenders), Investments made by any Loan Party in any Excluded Subsidiary that is a Restricted Subsidiary; 

(i) Investments by (i) any Group Member in the Borrower or any Person that, prior to such investment, is a Guarantor and
(ii) any Restricted Subsidiary that is not a Guarantor in any Group Member; 
 (j) (i) Investments consisting of
the Capital Stock of any Person acquired pursuant to any Joint Venture Put Obligation and (ii) so long as the Permitted Investment Payment Conditions are satisfied at the time of the making of any such Investment (unless such requirement has
been waived by the Required Revolving Credit Lenders), Investments (other than Investments described in clause (i)) in Joint Ventures, including without limitation, Investments in new Joint Ventures, the purchase of ownership interests in Joint
Ventures from Persons that are not Group Members and increases in the ownership interest of any Group Member in Joint Ventures, in an aggregate outstanding amount not to exceed at any date the Joint Venture Basket in effect on such date; 

(k) Permitted Acquisitions; 

  
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 (l) (i) Investments outstanding on the 2014 Amendment Effective Date and listed
on Schedule 6.08(l) and (ii) equity Investments of any Group Member in any other Group Member and arising solely as a result of the recharacterization as an equity investment of any Intercompany Loan permitted by Section 6.02; 

(m) Investments by any Group Member made on or after the 2014 Amendment Effective Date in existing or potential suppliers and
customers from whom the Borrower reasonably expects to obtain a material commercial benefit; provided that, to the extent such Investments are not structured as secured loans and the loan documents are not pledged to the Collateral Trustee,
such Investments will not in the aggregate (valued at cost) exceed $50,000,000 at any one time outstanding; 
 (n)
Investments by any Group Member of any Restricted Payment received by such Person that consists of equity interests in a Restricted Subsidiary; provided that if the initial payor of any such Restricted Payment is a Guarantor, then the
ultimate recipient of such Restricted Payment shall also be a Guarantor; 
 (o) Investments by any Group Member necessary to
effect (i) the Tax Restructuring, (ii) the Business Segmentation Restructuring Plan or (iii) the Permitted Corporate Structure Transactions; 

(p) Investments in notes receivable payable to any Group Member by the purchasers of assets purchased pursuant to Dispositions
permitted under Section 6.05; 
 (q) Investments by the Borrower in any Restricted Subsidiary consisting of the issuance
of Letters of Credit hereunder (and the incurrence by the Borrower of Indebtedness hereunder with respect thereto) to support obligations of such Restricted Subsidiary; 

(r) so long as the Permitted Investment Payment Conditions are satisfied at the time of the making of any such Investment
(unless such requirement has been waived by the Required Revolving Credit Lenders), the Borrower may make Investments in an aggregate amount for all such Investments made under this clause (r), together with the aggregate amount for all Restricted
Payments made under Section 6.06(f), in each case, on or after the 2014 Amendment Effective Date not to exceed the Available Amount at such time; 

(s) [Reserved]; 

(t) [Reserved]; 

(u) Investments by Loan Parties in Excluded Subsidiaries and Joint Ventures and other Investments in an aggregate outstanding
amount not at any time to exceed the sum of (x) $40,000,000 plus (y) all dividends, distributions, interest payments, returns of capital, repayments of other amounts received in cash by Loan Parties from Excluded Subsidiaries, Joint
Ventures and such other Investments after the 2014 Amendment Effective Date and prior to the date of such proposed Investment; 

  
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 (v) Investments by the Borrower or any Restricted Subsidiary in the form of
purchases of Minority Interests from the current holder thereof in an amount not to exceed $20,000,000 during any fiscal year; 

(w) Investments by the Borrower (i) in the BMG Cash Pooling Arrangement (and any similar cash pooling arrangement that
replaces, restates or supplements the BMG Cash Pooling Arrangement) and (ii) in or on behalf of any Excluded Subsidiary with funds subject to the BMG Cash Pooling Arrangement (and any similar cash pooling arrangement that replaces, restates or
supplements the BMG Cash Pooling Arrangement); provided that the aggregate amount of all such Investments pursuant to clause (x)(i) shall not exceed $75,000,000 at any one time outstanding (calculated based on the initial amount thereof
without giving effect to any increase in value, but taking into account the amount of withdrawal by the Borrower of all or any portion of such Investment from the BMG Cash Pooling Arrangement (and any similar cash pooling arrangement that replaces,
restates or supplements the BMG Cash Pooling Arrangement); 
 (x) Investments not otherwise permitted under this
Section 6.08 in an aggregate amount not to exceed the greater of (i) $300,000,000 or (ii) 4.25% of Consolidated Assets at any time plus, without duplication, all cash returns of principal or capital, cash dividends or other cash
returns received by any Loan Party from such Investment; provided that, unless waived by the Required Revolving Credit Lenders, the Permitted Investment Payment Conditions shall be satisfied at the time of making any such Investment and
immediately after giving effect thereto; and 
 (y) any other Investment that, if such Investment were a Restricted Payment,
would be permitted under Section 6.06(k). 
 Section 6.09. Optional Payments and Modifications of Certain Debt
Instruments. (a) [reserved]; (b) make or offer to make any optional or voluntary payment, prepayment, repurchase or redemption of or otherwise optionally or voluntarily defease or segregate funds with respect to any Permitted
Subordinated Indebtedness, unless at the time no Default or Event of Default has occurred and is continuing and immediately after giving effect thereto (and any Indebtedness incurred in connection therewith, and the application of the proceeds
thereof), the Total Net Leverage Ratio is not greater than 3.5 to 1.0; (c) amend, modify, waive or otherwise change, or consent or agree to any amendment, modification, waiver or other change to, any of the terms of any document governing any
Permitted Subordinated Indebtedness (other than any such amendment, modification, waiver or other change that (A) would extend the maturity or reduce the amount of any payment of principal thereof or reduce the rate or extend any date for
payment of interest thereon and (B) does not involve the payment of a consent fee); or (d) designate any Indebtedness (other than Consolidated Senior Debt permitted by this Agreement) as “Designated Senior Debt” or
“Guarantor Senior Debt” (or any other defined term having similar purposes) for the purposes of any document governing any Permitted Subordinated Indebtedness. 

Section 6.10. Transactions with Affiliates. Except for (a) the Tax Restructuring, (b) the Business Segmentation
Restructuring Plan, (c) the Permitted Corporate Structure Transactions, (d) the retention of the Intercompany Loan Notes (without limiting any transactions in connection with the Tax Restructuring, the Business Segmentation Restructuring
Plan or the Permitted 

  
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Corporate Structure Transactions), (e) the transactions contemplated by the Investment Agreement (as in effect on the 2014 Amendment Effective Date and as amended or otherwise modified after
the 2014 Amendment Effective Date to the extent that such amendment or modification does not adversely affect the interests of the Lenders as determined by the Administrative Agents) or the Tax Allocation Agreement (in the form delivered to the
Administrative Agents on the 2014 Amendment Effective Date and as amended or otherwise modified after the 2014 Amendment Effective Date to the extent that such amendment or modification does not adversely affect the interests of the Lenders as
determined by the Administrative Agents) or (f) a Permitted Receivables Facility, enter into any material transaction, including any purchase, sale, lease or exchange of property, the rendering of any service or the payment of any management,
advisory or similar fees, with any Affiliate (other than the Borrower or any Wholly Owned Subsidiary Guarantor) unless such transaction is (i) otherwise permitted under this Agreement and (ii) upon fair and reasonable terms no less
favorable to the relevant Group Member than it would obtain in a comparable arm’s length transaction with a Person that is not an Affiliate as determined in good faith by the Borrower or the relevant Group Member (or, if the nature of such
transaction is such that it is not available on an arm’s-length basis, on terms and conditions that are fair and reasonable). For the avoidance of doubt (i) contemporaneous purchases and/or sales by a Group Member and an Affiliate of
assets, Capital Stock, bonds, notes, debentures or other debt securities, and bank loans, participations or similar obligations at substantially the same price shall not be deemed transactions with an Affiliate under this Agreement and (ii) in
no event shall any direct or indirect transfer of any Common Stock or any other Capital Stock of the Borrower, by IEH FM Holdings LLC or any of its Affiliates to any Affiliate of IEH FM Holdings LLC or to IEH FM Holdings LLC, give rise to or be
deemed a “Change of Control” hereunder. 
 Section 6.11. Sales and Leasebacks. Enter into any arrangement with any
Person providing for the leasing by any Group Member of real or personal property that has been or is to be sold or transferred by such Group Member to such Person or to any other Person to whom funds have been or are to be advanced by such Person
on the security of such property or rental obligations of such Group Member; provided that (i) any Group Member may consummate a sale and leaseback transactions in which the transferee is the Borrower or a Wholly Owned Subsidiary
Guarantor, and any Restricted Subsidiary which is not a Guarantor may consummate a sale and leaseback transaction in which the transferor is another Restricted Subsidiary which is not a Guarantor and (ii) the Group Members may consummate other
sale and leaseback transactions in an amount not to exceed in the aggregate for all Group Members $250,000,000. 
 Section 6.12.
Swap Agreements. Enter into any Swap Agreement that is for speculative purposes. 
 Section 6.13. Changes in Fiscal
Periods. Permit the fiscal year of the Borrower to end on a day other than December 31 or change the Borrower’s method of determining fiscal quarters. 

Section 6.14. Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits
the ability of any Group Member to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure the Obligations other than (a) this Agreement and the other Loan
Documents, (b) any customary agreements governing secured Incremental Equivalent Debt, (c) any customary 

  
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agreements governing secured Refinancing Indebtedness, (d) any agreements governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in which case, any
prohibition or limitation shall only be effective against the assets financed thereby), (e) any agreements with respect to Indebtedness incurred by the Excluded Subsidiaries and permitted under Sections 6.02 imposing any such prohibitions or
limitations on Excluded Subsidiaries, (f) any agreements binding any Person which becomes a Subsidiary or is merged into any Group Member after the date of this Agreement, provided that such agreement was in existence on the date such
Person became a Subsidiary of, or merged into, such Group Member and was not entered into in contemplation of such Person becoming a Subsidiary of, or merging into, such Group Member, (g) any Permitted Receivables Facility Documents, and
(h) any agreements to which any Subsidiary that is not a Wholly-Owned Subsidiary is a party that prohibit or limit the ability of such Subsidiary or any of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its
property or revenues. 
 Section 6.15. Clauses Restricting Subsidiary Distributions. Enter into or become effective any
consensual encumbrance or restriction on the ability of any Restricted Subsidiary to (a) make Restricted Payments in respect of any Capital Stock of such Restricted Subsidiary held by, or pay any Indebtedness owed to, any Group Member,
(b) make loans or advances to, or other Investments in, any Group Member or (c) transfer any of its assets to any Group Member, except for such encumbrances or restrictions existing under or by reason of (i) any restrictions existing
under the Loan Documents, (ii) any restrictions existing under any indenture governing unsecured bond Indebtedness permitted to be incurred under Section 6.02, (iii) any customary restrictions existing under any agreements governing
Incremental Equivalent Debt, (iv) any customary restrictions existing under any agreements governing Refinancing Indebtedness, (v) any restrictions (other than those described in clauses (i), (ii), (iii) and (iv)) in existence on the
date hereof, (vi) any restrictions with respect to a Restricted Subsidiary imposed pursuant to an agreement that has been entered into in connection with the Disposition of all or substantially all of the Capital Stock or assets of such
Restricted Subsidiary, (vii) any restrictions relating to Excluded Subsidiaries imposed in connection with the Indebtedness incurred by the Excluded Subsidiaries and permitted under Section 6.02, (viii) any restrictions contained in
the terms of any Indebtedness permitted under Section 6.02(s) or any other agreement binding any Person which becomes a Restricted Subsidiary or is merged into any Group Member after the date of this Agreement, provided that such
agreement was in existence on the date such Person became a Restricted Subsidiary of, or merged into, such Group Member and was not entered into in contemplation of such Person becoming a Subsidiary of, or merging into, such Group Member,
(ix) any restrictions contained in Permitted Receivables Facility Documents and (x) any restrictions contained in any agreements to which any Subsidiary that is not a wholly-owned Subsidiary is a party so long as such restrictions apply
solely to such Subsidiary or any of its Subsidiaries. 
 Section 6.16. Lines of Business. Enter into any business, either
directly or through any Restricted Subsidiary, except for those businesses in which the Group Members are engaged on the date of this Agreement or that are determined by the Board of Directors of the Borrower to be reasonably related thereto. 

  
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 ARTICLE VII 

EVENTS OF DEFAULT 

Section 7.01. Events of Default. In the case of the happening of any of the following events and the continuance thereof beyond
the applicable period of grace (if any) set forth below (each, an “Event of Default”): 
 (a) any
representation or warranty made by the Borrower in this Agreement or in any Loan Document or any statement or representation made in any report, financial statement, certificate or other document furnished by the Borrower to the Lenders under or in
connection with this Agreement, shall prove to have been false or misleading in any material respect when made or delivered; or 

(b) the Borrower shall fail to pay any principal of any Loan when due in accordance with the terms hereof; or the Borrower
shall fail to pay any interest on any Loan, or any other amount payable hereunder or under any other Loan Document, within five Business Days after any such interest or other amount becomes due in accordance with the terms hereof; or 

(c) any Loan Party shall default in the observance or performance of any agreement contained in clause (i) or (ii) of
Section 5.04(a) (with respect to the Borrower only), Section 5.07(a) or Article VI of this Agreement; provided that any Event of Default resulting solely from a failure to comply with Section 6.01 (a “Financial Covenant
Default”) shall not constitute an Event of Default with respect to the Term Loans until the earlier of (I) the date on which the Revolving Administrative Agent, with the consent or upon the request of the Required Revolving Credit
Lenders, terminates the Revolving Credit Commitments or exercises (or instructs the Revolving Administrative Agent or the Collateral Trustee to exercise) any remedies with respect to any material portion of the Collateral due to a Financial Covenant
Default (provided that the following shall not constitute an exercise of remedies: (1) cash sweeps that are permitted pursuant to the terms of any Loan Document relating to dominion over bank accounts, (2) the establishment of
Borrowing Base reserves, Collateral ineligibles, or other conditions for Borrowings, (3) the changing of advance rates or advance sublimits, (4) the imposition of a default interest or any late fee and (5) the cessation of lending
pursuant to the provisions of any Loan Document, including upon the occurrence of a Default on the existence of an overadvance, in each case, so long as the Revolving Credit Commitments have not been terminated) and (II) the date on which the
Revolving Administrative Agent, with the consent or upon the request of the Required Revolving Credit Lenders, declares the Revolving Credit Loans (with accrued interest thereon) to be due and payable forthwith due to a Financial Covenant Default in
accordance with this Section 7.01; or 
 (d) any Loan Party shall default in the observance or performance of
(i) Section 5.01 and such default shall continue unremedied for a period of sixty (60) days after notice to the Borrower from the Administrative Agents or (ii) any other agreement contained in this Agreement or any other Loan
Document (other than as provided in paragraphs (a), (b), (c) or (m) of this Section 7.01), and such default shall continue unremedied for a period of 30 days after notice to the Borrower from the Administrative Agents or the Required
Lenders (or, in the case of Section 7.01(m), the Required Revolving Credit Lenders); or 
 (e) any Group Member shall
(i) default in making any payment of any principal of or interest on any Indebtedness (including any Guarantee Obligation, but excluding the Loans and Intercompany Loans) when the same shall become due (giving effect to the applicable period

  
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of grace, if any, provided in the instrument or agreement under which such Indebtedness was created); or (ii) default in the observance or performance of any other agreement or condition
relating to any such Indebtedness or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event shall occur or condition exist, the effect of which default or other event or condition is to cause, or to
permit the holder or beneficiary of such Indebtedness (or a trustee or agent on behalf of such holder or beneficiary) to cause, with the giving of notice if required, such Indebtedness to become due prior to its stated maturity or (in the case of
any such Indebtedness constituting a Guarantee Obligation) to become payable and, if any such default is under any Indebtedness of any Foreign Subsidiary, such default shall continue unremedied or unwaived for a period of ten days; provided
that a default, event or condition described in clause (i) or (ii) of this paragraph (e) shall not at any time constitute an Event of Default unless, at such time, one or more defaults, events or conditions of the type described in
clauses (i) or (ii) of this paragraph (e) shall have occurred and be continuing with respect to Indebtedness the outstanding principal amount of which exceeds in the aggregate $125,000,000; or 

(f) (i) one or more Group Members having assets with an aggregate book value of at least 10% of the book value of the
consolidated assets of the Group Members, taken as a whole (as set forth in the most recent audited consolidated financial statements of the Borrower that have been delivered pursuant to Section 5.01(a) (or, until any audited financial
statements have been delivered pursuant to such Section, FMC’s audited financial statements for the year ending December 31, 2013) shall commence any case, proceeding or other action (A) under any existing or future law of any
jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization or relief of debtors, seeking to have an order for relief entered with respect to it, or seeking to adjudicate it a bankrupt or insolvent, or seeking
reorganization, arrangement, adjustment, winding-up, liquidation, dissolution, composition or other relief with respect to it or its debts, or (B) seeking appointment of a receiver, bankruptcy trustee, trustee, custodian, conservator or other
similar official for it or for all or any substantial part of its assets, or such Group Member or Group Members shall make a general assignment for the benefit of its creditors; or (ii) there shall be commenced against such Group Member or
Group Members any case, proceeding or other action of a nature referred to in clause (i) above that (A) results in the entry of an order for relief or any such adjudication or appointment or (B) remains undismissed, undischarged or
unbonded for a period of sixty (60) days; or (iii) there shall be commenced against such Group Member or Group Members any case, proceeding or other action seeking issuance of a warrant of attachment, execution, distraint or similar
process against all or any substantial part of its assets that results in the entry of an order for any such relief that shall not have been vacated, discharged, or stayed or bonded pending appeal within 60 days from the entry thereof; or
(iv) such Group Member or Group Members shall take any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any of the acts set forth in clause (i), (ii), or (iii) above; or (v) such Group Member or
Group Members shall generally not, or shall be unable to, or shall admit in writing its inability to, pay its debts as they become due; or 

(g) (i) any Person shall engage in any “prohibited transaction” (as defined in Section 406 of ERISA or
Section 4975 of the Code) involving any Plan, (ii) a failure to meet the minimum funding standards (as defined in Section 302 of ERISA) shall exist with respect to any Plan or any Lien in favor of the PBGC or a Plan shall arise on the
assets of any Group 

  
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Member or any Commonly Controlled Entity, (iii) a Reportable Event shall occur with respect to, or proceedings shall commence to have a trustee appointed, or a trustee shall be appointed, to
administer or to terminate, any Single Employer Plan, which Reportable Event or commencement of proceedings or appointment of a trustee is, in the reasonable opinion of the Required Lenders, likely to result in the termination of such Plan for
purposes of Title IV of ERISA, (iv) any Single Employer Plan shall terminate for purposes of Title IV of ERISA, or (v) any Group Member or any Commonly Controlled Entity shall, or in the reasonable opinion of the Required Lenders is likely
to, incur any material liability in connection with a withdrawal from, or the Insolvency or Reorganization of, a Multiemployer Plan; and in each case in clauses (i) through (v) above, such event or condition, together with all other such
events or conditions, if any, could, in the reasonable judgment of the Required Lenders, reasonably be expected to have a Material Adverse Effect; or 

(h) one or more judgments or decrees shall be entered against (i) any Loan Party involving in the aggregate a liability
(not paid or fully covered by insurance as to which the relevant insurance company has acknowledged coverage) of $75,000,000 or more, and all such judgments or decrees shall not have been vacated, discharged, stayed or bonded pending appeal within
30 days from the entry thereof or (ii) any Group Member that is not a Loan Party which, individually or in the aggregate for all such Group Members, could reasonably be expected to have a Material Adverse Effect; or 

(i) (i) any of the Security Documents or the Intercreditor Agreements shall cease, for any reason, to be in full force and
effect, or any Loan Party or any Affiliate of any Loan Party or any party to an Intercreditor Agreement shall so assert, or (ii) any Lien securing the Obligations created by any of the Security Documents shall cease to be enforceable and of the
same effect and priority purported to be created thereby; or 
 (j) the Domestic Subsidiary Guarantee shall cease, for any
reason, to be in full force and effect or any Loan Party or any Affiliate of any Loan Party shall so assert; or 
 (k) a
Change of Control shall occur; or 
 (l) if such Indebtedness was subordinated in the first instance, any Permitted Junior
Debt, or the guarantees of any Permitted Subordinated Indebtedness shall cease, for any reason, to be validly subordinated to the Obligations, the obligations of the Guarantors under the Domestic Subsidiary Guarantee or the Liens securing the
Obligations granted pursuant to the Security Documents, as the case may be; or 
 (m) the Borrower shall fail to deliver a
certified Borrowing Base Certificate when due and such default shall continue unremedied for more than five (5) Business Days (it being understood that an Event of Default under this clause (m) shall be cured upon delivery of the certified
Borrowing Base Certificate that was failed to be delivered or a certified Borrowing Base Certificate that sets forth the Borrowing Base as of a date more recent that required by the Borrowing Base Certificate that was failed to be delivered); 

  
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 then, and in any such event, (A) if such event is an Event of Default specified in clause (i) or
(ii) of paragraph (f) above with respect to the Borrower, automatically the Loans (with accrued interest thereon) and all other amounts owing under this Agreement and the other Loan Documents shall immediately become due and payable,
(B) if such event is a Financial Covenant Default, with the request of the Required Revolving Credit Lenders, the Revolving Administrative Agent may, or upon the consent of the Required Revolving Credit Lenders, the Revolving Administrative
Agent shall, by notice to the Borrower, terminate the Revolving Credit Commitments and declare the Revolving Credit Loans (with accrued interest thereon) and all other amounts owing under this Agreement and the other Loan Documents to the Revolving
Credit Lenders to be due and payable forthwith, whereupon the same shall immediately become due and payable and (C) if such event is any other Event of Default or if any action has been taken under the immediately preceding clause (B) at
any time that a Financial Covenant Default has occurred and is continuing, with the consent of the Required Lenders, the Administrative Agents may, or upon the request of the Required Lenders, the Administrative Agents shall, by notice to the
Borrower, terminate the Commitments and declare the Loans (with accrued interest thereon) and all other amounts owing under this Agreement and the other Loan Documents to be due and payable forthwith, whereupon the same shall immediately become due
and payable. Except as expressly provided above in this Section 7.01, presentment, demand, protest and all other notices of any kind are hereby expressly waived by the Borrower. 

Section 7.02. Equity Cure Right. Notwithstanding anything to the contrary contained in Section 7.01, if the Borrower fails to
comply with the requirements of Section 6.01 for any fiscal quarter (including, for the avoidance of doubt, the fourth fiscal quarter of the fiscal year), then during the period (the “Applicable Period”) commencing on the later
to occur of (1) the day following the last day of such fiscal quarter and (2) the day the Borrower obtains knowledge of a failure to comply with the requirements of Section 6.01 for such fiscal quarter, and ending on (X) the
tenth day after the date on which the Compliance Certificate is required to be delivered pursuant to Section 5.02(h) (in the case of clause (1)) or (Y) the tenth day following the date on which the Borrower obtains such knowledge (in
the case of clause (2)), the Borrower shall have the right to issue Common Stock for cash or otherwise receive cash contributions to the capital of the Borrower and, in each case, to contribute any such cash to the capital of the Borrower and apply
the amount of the proceeds thereof (up to the aggregate amount necessary to cure (by addition to Consolidated EBITDA) such Event of Default under Section 6.01 for the applicable period) (any such contribution so included in the calculation of
Consolidated EBITDA, a “Specified Equity Contribution”) to increase Consolidated EBITDA with respect to the applicable fiscal quarter of the Borrower (the “Cure Right”), which increase shall continue to be included
in Consolidated EBITDA for so long as such fiscal quarter is part of any trailing four fiscal quarter period included in the calculation of the financial covenant set forth in Section 6.01; provided that (a) such proceeds are
actually received by the Borrower no later than the last day of such Applicable Period, (b) the Cure Right shall not be exercised more than four times during the term of this Agreement and (c) in each period of four consecutive fiscal
quarters of the Borrower, there shall be at least two fiscal quarters during which the Cure Right is not exercised; provided further that, for the avoidance of doubt, during such Applicable Period (A) the Lenders shall not be permitted
to exercise remedies with respect to such breach of Section 6.01 and (Y) unless such Specified Equity Contribution is made prior the expiration of such Applicable Period), the Borrower shall not be permitted to make any new Revolving
Credit Borrowing or request (x) the issuance of any new Letter of Credit or (y) the amendment, extension or renewal of any existing Letter of Credit that would increase the face amount available to be drawn thereunder (it being understood
and agreed that any refinancing of 

  
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Borrowings pursuant to Section 2.14 shall not constitute the making of a new Revolving Credit Borrowing). If, after giving effect to the foregoing adjustment, the Borrower is in compliance
with the financial covenant set forth in Section 6.01, then the Borrower shall be deemed to have satisfied the requirements of such Section as of the relevant date of determination with the same effect as though there had been no failure to
comply on such date, and the applicable breach or default of such Section that had occurred shall be deemed cured for purposes of this Agreement. The parties hereby acknowledge that this Section may not be relied on for purposes of calculating any
financial ratios other than as applicable to determining compliance with Section 6.01 (and not for the purposes of any basket contained in Article VI) and shall not result in any adjustment to any amounts, other than the amount of the
Consolidated EBITDA referred to in the immediately preceding sentence. 
 ARTICLE VIII 

THE ADMINISTRATIVE AGENTS 

Section 8.01. Administration by Administrative Agents. The general administration of the Loan Documents shall be performed by the
Administrative Agents. Each Lender hereby irrevocably authorizes the relevant Applicable Administrative Agent, at its discretion, to take or refrain from taking such actions as agent on its behalf and to exercise or refrain from exercising such
powers under the Loan Documents as are delegated by the terms hereof or thereof, as appropriate, together with all powers reasonably incidental thereto (including the release of Collateral in connection with any transaction that is expressly
permitted by the Loan Documents and including such actions in connection with the incurrence of Refinancing Indebtedness as are expressly contemplated by the Loan Documents). No Administrative Agent shall have duties or responsibilities except as
set forth in this Agreement and the remaining Loan Documents. 
 Section 8.02. Advances and Payments. (a) On the date of
each Loan of any Class, the Applicable Administrative Agent shall be authorized (but not obligated) to advance, for the account of each of the Lenders of such Class, the amount of the Loan to be made by such Lender in accordance with its Commitment
hereunder. Should the Applicable Administrative Agent do so, each of the Lenders agrees forthwith to reimburse such Administrative Agent in immediately available funds for the amount so advanced on its behalf by such Administrative Agent, together
with interest at the Federal Funds Rate if not so reimbursed on the date due from and including such date but not including the date of reimbursement. 

(b) Any amounts received by an Administrative Agent in connection with this Agreement (other than amounts to which such
Administrative Agent is entitled pursuant to Sections 2.22, 8.06, 9.05 and 9.06), the application of which is not otherwise provided for in this Agreement, shall be applied, first, in accordance with each applicable Lender’s applicable
Class Percentage to pay ratably accrued but unpaid Fees, and second, ratably, (x) in accordance with each Revolving Credit Lender’s Class Percentage to pay accrued but unpaid interest and the principal balance outstanding of all
Revolving Credit Loans and all unreimbursed Letter of Credit drawings and (y) in accordance with each Term Loan Lender’s Class Percentage to pay accrued but unpaid interest and the principal balance outstanding of all Term Loans. All
amounts to be paid to a Lender by an Administrative Agent shall be credited to that Lender, after collection by such Administrative Agent, in immediately available funds either by wire transfer or deposit in that Lender’s correspondent account
with such Administrative Agent, as such Lender and such Administrative Agent shall from time to time agree. The Administrative Agents shall cooperate to effect the provisions of this Section 8.02. 

  
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 Section 8.03. Sharing of Setoffs. Each Lender agrees that if it shall, through the
exercise of a right of banker’s lien, setoff or counterclaim against the Borrower, including, but not limited to, a secured claim or other security or interest arising from, or in lieu of, such secured claim and received by such Lender under
any applicable bankruptcy, insolvency or other similar law or otherwise, obtain payment in respect of its Loans of any Class as a result of which the unpaid portion of its Loans of such Class is proportionately less than the unpaid portion of the
Loans of such Class of any other Lender, (a) such Lender shall promptly purchase at par (and shall be deemed to have thereupon purchased) from such other Lender a participation in the Loans of such Class of such other Lender, so that the
aggregate unpaid principal amount of each Lender’s Loans of such Class and such Lender’s participation in Loans of such Class of the other Lenders shall be in the same proportion to the aggregate unpaid principal amount of all Loans of
such Class then outstanding as the principal amount of its Loans of such Class prior to the obtaining of such payment was to the principal amount of all Loans of such Class outstanding prior to the obtaining of such payment and (b) such other
adjustments shall be made from time to time as shall be equitable to ensure that the Lenders share such payment pro-rata; provided that (x) if any such non-pro-rata payment is thereafter recovered or otherwise set aside, such purchase of
participations shall be rescinded (without interest) and (y) the foregoing shall be inapplicable to any transaction that is expressly permitted hereunder. The Borrower expressly consents to the foregoing arrangements and agrees that any Lender
holding (or deemed to be holding) a participation in a Loan may exercise any and all rights of banker’s lien, setoff or counterclaim with respect to any and all moneys owing by the Borrower to such Lender as fully as if such Lender was the
original obligee thereon, in the amount of such participation. 
 Section 8.04. Agreement of Required Lenders. Upon any occasion
requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, the Required Revolving Credit Lenders, the Super-majority Revolving Credit Lenders or Required Term Lenders, action shall be taken by
the Applicable Administrative Agent (or the Applicable Administrative Agents) for and on behalf or for the benefit of all Lenders, all Revolving Credit or all Term Loan Lenders, as applicable, upon the direction of the Required Lenders, the Required
Revolving Credit Lenders, the Super-majority Revolving Credit Lenders or Required Term Lenders, as the case may be (subject to Section 9.18 and to the definition of “Receipt of Sufficient Consents”, as applicable), and any such action
shall be binding on all Lenders (or all Revolving Credit Lenders or all Term Loan Lenders, as applicable). No amendment, modification, consent, or waiver shall be effective except in accordance with the provisions of Section 9.10 (or as
otherwise expressly provided for in Sections 2.28, 2.30 or 2.31. 
 Section 8.05. Liability of Administrative Agents.
(a) Each Administrative Agent, when acting on behalf of the applicable Class(es) of Lenders, may execute any of its duties under this Agreement by or through any of its officers, agents, and employees, and neither such Administrative Agent nor
its directors, officers, agents, employees or Affiliates shall be liable to the Lenders or any of them for any action taken or omitted to be taken in good faith, or be responsible to the Lenders or to any of them for the consequences of any
oversight or error of judgment, or for any loss, unless the same shall happen through its gross negligence or willful misconduct. No Administrative Agent nor its directors, officers, agents, employees and Affiliates shall in any event be liable to
the Lenders or to any of them for any action taken or omitted to be taken by them pursuant to instructions received by them from the Required Lenders or in reliance upon the advice of counsel selected by such Administrative Agent.

  
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Without limiting the foregoing, no Administrative Agent, nor any of its directors, officers, employees, agents or Affiliates shall be responsible to any Lender for the due execution, validity,
genuineness, effectiveness, sufficiency, or enforceability of, or for any statement, warranty, or representation in, this Agreement, any Loan Document or any related agreement, document or order, or shall be required to ascertain or to make any
inquiry concerning the performance or observance by the Borrower of any of the terms, conditions, covenants, or agreements of this Agreement or any of the Loan Documents. 

(b) No Administrative Agent nor any of its directors, officers, employees, agents or Affiliates shall have any responsibility
to the Borrower on account of the failure or delay in performance or breach by any Lender or by the Borrower of any of their respective obligations under this Agreement or any of the Loan Documents or in connection herewith or therewith. 

(c) Each Administrative Agent, in its capacity as an Applicable Administrative Agent hereunder, shall be entitled to rely on
any communication, instrument, or document reasonably believed by it to be genuine or correct and to have been signed or sent by a person or persons believed by it to be the proper person or persons, and such Administrative Agent shall be entitled
to rely on advice of legal counsel, independent public accountants, and other professional advisers and experts selected by it. 

Section 8.06. Reimbursement and Indemnification. Each Lender agrees (i) to reimburse the Applicable Administrative Agent for
such Lender’s Class Percentage of (x) any expenses and fees incurred for the benefit of the Lenders under this Agreement and any of the Loan Documents, including counsel fees and compensation of agents and employees for services rendered
on behalf of the Lenders, and any other expense incurred in connection with the operations or enforcement thereof not reimbursed by the Borrower and (y) any expenses of such Administrative Agent incurred for the benefit of the Lenders that the
Borrower has agreed to reimburse pursuant to Section 9.05 and has failed to so reimburse and (ii) to indemnify and hold harmless the Applicable Administrative Agent and its directors, officers, employees, agents or Affiliates, on demand,
in the amount of its proportionate share, from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses, or disbursements of any kind or nature whatsoever which may be imposed on,
incurred by, or asserted against it or any of them in any way relating to or arising out of this Agreement or any of the Loan Documents or any action taken or omitted by it or any of them under this Agreement or any of the Loan Documents to the
extent not reimbursed by the Borrower (except such as shall result from their respective gross negligence or willful misconduct). 

Section 8.07. Rights of Administrative Agents. It is understood and agreed that each of the Revolving Administrative Agent (in its
capacity as such), the Tranche B Term Administrative Agent (in its capacity as such) and Tranche C Term Administrative Agent (in its capacity as such) shall have the same rights and powers hereunder (including the right to give such instructions) as
the other Lenders and may exercise such rights and powers, as well as its rights and powers under other agreements and instruments to which it is or may be party, and engage in other transactions with the Borrower, as though it were not an
administrative agent of the Lenders under this Agreement. 

  
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 Section 8.08. Independent Lenders. Each Lender acknowledges that it has decided to
enter into this Agreement and to make the Loans hereunder based on its own analysis of the transactions contemplated hereby and of the creditworthiness of the Borrower and agrees that no Administrative Agent shall bear responsibility therefor. 

Section 8.09. Notice of Transfer. The Applicable Administrative Agent may deem and treat a Lender party to this Agreement as the
owner of such Lender’s portion of the Loans held by such Lender for all purposes, unless and until a written notice of the assignment or transfer thereof executed by such Lender shall have been received by such Administrative Agent. 

Section 8.10. Successor Administrative Agents. Each Administrative Agent may resign at any time by giving written notice thereof
to the Borrower and (x) in the case of the Revolving Administrative Agent, the Revolving Credit Lenders and (y) in the case of any Term Administrative Agents, the Term Loan Lenders of the applicable Class. Upon any such resignation, the
Required Revolving Credit Lenders or the Required Term Lenders (with respect to the applicable Class of Term Loans), as applicable, shall have the right to appoint a successor Revolving Administrative Agent (in the case of the Required Revolving
Credit Lenders) or a successor Tranche B Term Administrative Agent or Tranche C Term Administrative Agent, as applicable (in the case of the Required Term Lenders), which in each case shall be reasonably satisfactory to the Borrower. If no such
successor Administrative Agent shall have been so appointed by the Required Revolving Credit Lenders or the Required Term Lenders (with respect to the applicable Class of Term Loans), as applicable, and shall have accepted such appointment within
thirty (30) days after such retiring Administrative Agent’s giving of notice of resignation (the “Resignation Date”), such retiring Administrative Agent may, on behalf of such applicable Class(es) of Lenders, appoint a
successor Applicable Administrative Agent, which shall be a commercial bank organized under the laws of the United States or of any State thereof and having a combined capital and surplus of a least $100,000,000, and which shall be reasonably
satisfactory to the Borrower. Whether or not a successor has been appointed, such resignation shall become effective in accordance with such notice on the Resignation Date. Upon the acceptance of any appointment as an Administrative Agent hereunder
by a successor Administrative Agent, such successor Administrative Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of such retiring Administrative Agent, and such retiring Administrative Agent
shall be discharged from its duties and obligations under this Agreement. After any retiring Administrative Agent’s resignation hereunder as an Administrative Agent, the provisions of this Article VIII and Sections 9.05 and 9.06 shall inure to
its benefit as to any actions taken or omitted to be taken by it while it was an Administrative Agent under this Agreement. 

Section 8.11. Designated Hedging Obligations; Secured Cash Management Obligations. (a) The Borrower and any Person
that is or becomes a Revolving Credit Lender as of or following the 2013 Amendment Effective Date (or that was a Revolving Credit Lender immediately prior to giving effect to the 2013 Revolving Facility Amendment Agreement) or any Affiliate of any
such Person (the “Designated Hedging Counterparty”) may from time to time designate the obligations of a Loan Party in respect of a Hedging Agreement to which such Designated Hedging Counterparty and such Loan Party
are parties as being “Designated Hedging Obligations” upon written notice (a “Designation Notice”; and any such designated Hedging Agreement, a “Designated Hedging Agreement”,
and following the first such designation with  

  
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respect to a Designated Hedging Counterparty, unless otherwise notified to the Revolving Administrative Agent in writing, all Hedging Agreements thereafter entered into with such Designated
Hedging Counterparty shall constitute Designated Hedging Agreements, subject to Section 8.11(e)) to the Revolving Administrative Agent from the Borrower and the Designated Hedging Counterparty, in form reasonably acceptable to the Revolving
Administrative Agent, which Designation Notice shall include (x) a description of such Hedging Agreement and, if requested by the Revolving Administrative Agent, a copy of such Hedging Agreement and (y) a calculation of the Swap
Termination Value for all Designated Hedging Agreements with such Designated Hedging Counterparty as of the date of such Designation Notice. The Borrower and any Person that is or becomes a Revolving Credit Lender as of or following the 2013
Amendment Effective Date (or that was a Revolving Credit Lender immediately prior to giving effect to the 2013 Revolving Facility Amendment Agreement) (the “Cash Management Bank”) may from time to time designate the Cash Management
Obligations under any Cash Management Agreement to which such Revolving Credit Lender and a Loan Party are parties (a “Designated Cash Management Agreement”) as being “Pari Passu Secured Cash Management Obligations” by
delivering a Designation Notice to the Revolving Administrative Agent from the Borrower stating the maximum amount of Cash Management Obligations under such Designated Cash Management Agreement that shall constitute Pari Passu Secured Cash
Management Obligations. 
 (b) The Borrower shall include in each Borrowing Base Certificate furnished to the Revolving
Administrative Agent pursuant to Section 5.12 (i) a determination of the aggregate amount of all negative Swap Termination Values for each Designated Hedging Counterparty with respect to all Designated Hedging Agreements (with each such
aggregate amount being expressed as an absolute value) and (ii) a calculation of the aggregate amount of Pari Passu Secured Cash Management Obligations as of the date of such Borrowing Base Certificate; provided, that the Borrower shall
have the right to (and, if requested by the Revolving Administrative Agent, the Borrower shall use commercially reasonable efforts to) provide to the Revolving Administrative Agent an updated Swap Termination Value determination with respect to each
Designated Hedging Agreement on a more frequent basis (but not more frequently than weekly). 
 (c) The Revolving
Administrative Agent shall establish a reserve against the Borrowing Base (the “Designated Hedging Obligations Reserve”) in an amount equal to the aggregate amount of the Swap Termination Values for each Designated Hedging
Counterparty as determined in accordance with the preceding Section 8.11(b) most recently reported to it in respect of all Designated Hedging Agreements (or, in the case of Hedging Agreements that are designated as Designated Hedging Agreements
on the 2013 Amendment Effective Date, as reported in the Designation Notice delivered on the 2013 Amendment Effective Date (and as such amount may be adjusted from time to time in accordance with Section 8.11(b)), in each case plus such
additional reserve amount as may be requested by the Borrower in its sole discretion (subject to the following proviso); provided, however, that no such reserve shall be established with respect to any Designated Hedging Agreement (or the
Hedging Obligations thereunder) to the extent that the establishment of such reserve would cause the Total Revolving Credit Usage to exceed the lesser of (A) the Total Revolving Commitment and (B) the Borrowing Base. The Revolving
Administrative Agent shall establish a reserve against the Borrowing Base (the “Secured Cash Management Obligations Reserve”) in an amount equal to the aggregate amount of Cash Management Obligations most recently reported to it in
respect of all Designated Cash Management Agreements; provided, however, that no such 

  
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reserve shall be established with respect to any Designated Cash Management Agreement (or the Cash Management Obligations thereunder) to the extent that the establishment of such reserve would
cause the Total Revolving Credit Usage to exceed the lesser of (A) the Total Revolving Commitment and (B) the Borrowing Base. For the avoidance of doubt, the Borrowing Base shall be promptly adjusted in response to the establishment of, or
any adjustment made to, the Designated Hedging Obligations Reserve or the Secured Cash Management Obligations Reserve in accordance with this Section 8.11(c). 

(d) No holder of Hedging Obligations or Cash Management Obligations that obtains the benefits of Section 2.20(b) or
2.20(c), any guarantee of such obligations pursuant to any Loan Document or any Collateral by virtue of the provisions hereof or of any other Loan Document shall have any right to notice of any action or to consent to, direct or object to any action
hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) other than in its capacity as a Revolving Credit Lender and, in such case, only to the extent expressly
provided in the Loan Documents. Notwithstanding any other provision of this Article 8 to the contrary, neither the Administrative Agent nor the Collateral Trustee (x) shall be required to verify the payment of, or that other satisfactory
arrangements have been made with respect to, Hedging Obligations or Cash Management Obligations unless the Revolving Administrative Agent has received written notice thereof, together with such supporting documentation as the Revolving
Administrative Agent may request, from the parties to the applicable agreements, (y) shall have any responsibility to determine the accuracy of any Swap Termination Value calculation provided to it pursuant to this Section 8.11 or
(z) shall have any duty to notify any Designated Hedging Counterparty or Cash Management Bank of the receipt of any Designation Termination Notice or of any resulting removal of the designation of any Hedging Obligations or Cash Management
Obligations as Pari Passu Secured Hedging Obligations or Pari Passu Secured Cash Management Obligations. By its acceptance of the benefits of Section 2.20(b) or 2.20(c), any guarantee of Hedging Obligations or Cash Management Obligations
pursuant to any Loan Document or any Collateral by virtue of the provisions hereof or of any other Loan Document, each Designated Hedging Counterparty and each Designated Cash Management Bank shall be deemed to agree to the foregoing and to all
other applicable provisions of this Section 8.11. 
 (e) The Borrower may from time to time remove the designation of
any Designated Hedging Agreement or Designated Cash Management Agreement, as applicable, by written notice (the “Designation Termination Notice”) to the Revolving Administrative Agent, and from the date of such Designation
Termination Notice, the obligations under such Designated Hedging Agreement or such Designated Cash Management Agreement, as applicable, shall no longer constitute Pari Passu Secured Hedging Obligations or Cash Management Obligations, as applicable,
for purposes of the Loan Documents; provided, that no Designation Termination Notice shall be effective without the written consent of the applicable Revolving Credit Lender that is the Designated Hedge Counterparty or Cash Management Bank,
any such consent not to be unreasonably withheld, delayed or conditioned (it being understood and agreed that the provision and effectiveness of substitute collateralization or security arrangements and/or the receipt of such replacement collateral
or security for Pari Passu Secured Hedging Obligations, in each case consistent with the terms of the applicable Designated Hedging Agreement, are deemed to be reasonable conditions to any such consent). For the avoidance of doubt, neither a

  
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Designated Hedging Agreement nor a Designated Cash Management Agreement shall cease to be a Designated Hedging Agreement or a Designated Cash Management Agreement, as applicable, solely because
the Designated Hedging Counterparty or Cash Management Bank, as applicable, ceases to be a Revolving Credit Lender (or an Affiliate of a Revolving Credit Lender) after the date of the applicable Designated Hedging Agreement or Designated Cash
Management Agreement. 
 ARTICLE IX 

MISCELLANEOUS 
 Section 9.01.
Notices. (a) General. Except in the case of notices and other communications expressly permitted to be given by telephone (and subject to paragraph (b) of this Section), all notices and other communications provided for
herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or registered mail or sent by fax, as follows: 

(i) if to the Borrower, to it at World Headquarters, 26555 Northwestern Highway, Southfield, Michigan 48033, Attention: James
C. Zabriskie, Telephone: (248) 354-8673 and Telecopy: (248) 354-7727, with copies to Brett Pynnonen, Telephone: (248) 354-1748 and Telecopy: (248) 354-7727, 

(ii) if to the Revolving Administrative Agent, to it at Citibank, N.A., 1615 Brett Road, OPS III, New Castle, DE 19720,
Attention: Loan and Agency Team, Telephone: (302) 894-6010, Telecopy: (212) 994-0961, email: GLAgentOfficeOps@citi.com, 

(iii) if to the Tranche B Term Administrative Agent, to it at Citibank, N.A., 1615 Brett Road, OPS III, New Castle, DE 19720,
Attention: Loan and Agency Team, Telephone: (302) 894-6010, Telecopy: (212) 994-0961, email: GLAgentOfficeOps@citi.com1; 

(iv) if to the Tranche C Term Administrative Agent, to it at Credit Suisse AG, Attn: Loan Operations – Agency Manager,
Eleven Madison Avenue., 23rd Floor, Phone: 919-994-6369, New York, NY 10010, Fax: 212-322-2291, Email: agency.loanops@credit-suisse.com; and 

(v) if to any Lender, to it at its address (or telecopy number) set forth in its Administrative Questionnaire. 

Notices and communications sent by hand or overnight courier service, or mailed by certified or registered mail, shall be deemed to have been given when
received; notices sent by fax shall be deemed to have been given when sent (except that, if not given during normal business hours for the recipient, shall be deemed to have been given at the opening of business on the next Business Day for the
recipient). Notices delivered through electronic communications, to the extent provided in paragraph (b) of this Section, shall be effective as provided in such paragraph. 

 

	1 	Citibank to confirm contact information. 

  
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 (b) Electronic Communications. Notices and other communications to the
Lenders and the Fronting Banks hereunder may be delivered or furnished by electronic communication (including e-mail and Internet and intranet websites) pursuant to procedures approved by the Applicable Administrative Agent; provided that the
foregoing shall not apply to notices under Article II to any Lender or any Fronting Bank if such Lender or such Fronting Bank, as applicable, has notified the Applicable Administrative Agent that it is incapable of receiving notices under such
Article by electronic communication. Any notices or other communications to an Administrative Agent or the Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by electronic communications pursuant to
procedures approved by it; provided that approval of such procedures may be limited to particular notices or communications or may be rescinded by any such Person by notice to each other such Person. 

(c) Unless the Applicable Administrative Agent otherwise prescribes, (i) notices and other communications sent to an
e-mail address shall be deemed received upon the sender’s receipt of an acknowledgment from the intended recipient (such as by the “return receipt requested” function, as available, return e-mail or other written acknowledgment) and
(ii) notices and other communications posted to an Internet or intranet website shall be deemed received upon the deemed receipt by the intended recipient, at its e-mail address as described in the foregoing clause (i), of notification that
such notice or communication is available and identifying the website address therefore; provided that, for both clauses (i) and (ii) above, if such notice or other communication is not sent during the normal business hours of the
recipient, such notice or communication shall be deemed to have been sent at the opening of business on the next Business Day for the recipient. 

(d) Change of Address, etc. Any party hereto may change its address or fax number for notices and other
communications hereunder by notice to the other parties hereto. 
 Section 9.02. Survival of Agreement, Representations and
Warranties, etc. All warranties, representations and covenants made by the Borrower herein or in any certificate or other instrument delivered by it or on its behalf in connection with this Agreement shall be considered to have been relied upon
by the Lenders and shall survive the making of the Loans herein contemplated regardless of any investigation made by any Lender or on its behalf and shall continue in full force and effect so long as any amount due or to become due hereunder is
outstanding and unpaid and so long as the Commitments have not been terminated. All statements in any such certificate or other instrument shall constitute representations and warranties by the Borrower hereunder with respect to the Borrower. 

Section 9.03. Successors and Assigns. (a) This Agreement shall be binding upon and inure to the benefit of the Borrower, the
Administrative Agents and the Lenders and their respective successors and assigns. The Borrower may neither assign nor transfer any of its rights or obligations hereunder to any Person other than a Successor Borrower as permitted under Section
6.04(a) without the prior written consent of all of the Lenders. Each Lender may sell participations to any Person (other than to a natural person or a Defaulting Revolving Lender) 

  
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(each, a “Participant”) in all or part of any Loan, or all or part of its Commitment, in which event, without limiting the foregoing, the provisions of Sections 2.18 and 2.21
shall inure to the benefit of each purchaser of a participation (provided that such participant shall look solely to the seller of such participation for such benefits and the Borrower’s liability, if any, under Sections 2.18 and 2.21
shall not be increased as a result of the sale of any such participation other than as a result of a Change in Law that occurs after the Participant acquired the applicable participation) and the pro rata treatment of payments, as described in
Section 2.20, shall be determined as if such Lender had not sold such participation. In the event any Lender shall sell any participation, such Lender shall retain the sole right and responsibility to enforce the obligations of the Borrower
relating to the Loans, including the right to approve any amendment, modification or waiver of any provision of this Agreement (provided that such Lender may grant its participant the right to consent to such Lender’s execution of
amendments, modifications or waivers which (i) reduce any Fees payable hereunder to the Lenders, (ii) reduce the amount of any scheduled principal payment on any Loan or reduce the principal amount of any Loan or the rate of interest
payable hereunder or (iii) extend the maturity of the Borrower’s obligations hereunder). The sale of any such participation shall not alter the rights and obligations of the Lender selling such participation hereunder with respect to the
Borrower. Each Lender that sells a participation shall, acting solely for this purpose as a non-fiduciary agent of the Borrower, maintain a register on which it enters the name and address of each Participant and the principal amounts (and stated
interest) of each Participant’s interest in the Loans or other obligations under the Loan Documents (the “Participant Register”). The entries in the Participant Register shall be conclusive absent manifest error, and such
Lender shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the contrary. No Lender shall have any obligation to disclose all
or any portion of the Participant Register to any Person (including the identity of any Participant or any information relating to a Participant’s interest in any Commitments, Loans, Letters of Credit or its other obligations under any Loan
Document) except to the extent that such disclosure is necessary to establish that such Commitment, Loan, Letter of Credit or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. For the
avoidance of doubt, no Administrative Agent (in its capacity as an Administrative Agent) shall have any responsibility for maintaining a Participant Register. 

(b) Each Lender may assign to one or more Lenders or Eligible Assignees all or a portion of its interests, rights and
obligations under this Agreement; provided, however, that, (i) with respect to any assignment of a Term Loan or a Term Loan Commitment to any Person other than a Pre-Approved Assignee (other than with respect to Sections 9.03(g)
and 9.03(h)), the Applicable Administrative Agent and, so long as no Specified Default shall have occurred and be continuing, the Borrower, must give their respective prior written consent to such assignment, which consent will not be unreasonably
withheld (with a failure by the Borrower to respond within 10 days to a request for such consent being deemed consent by it, provided that, the Borrower’s refusal to accept an assignment to a competitor shall not be deemed to be
unreasonable), (ii) with respect to any assignment of a Revolving Credit Commitment and corresponding Revolving Credit Loans, Letter of Credit Outstandings, other than in the case of an assignment to a Revolving Credit Lender, an Affiliate of a
Revolving Credit Lender or an Approved Fund of a Revolving Credit Lender, the Revolving Administrative Agent, the applicable Fronting Bank and, so long as no Specified Default shall have occurred and be continuing, the Borrower, must give their
respective prior written consent to such assignment, 

  
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which consent will not be unreasonably withheld, (iii) other than in the case of an assignment to a Pre-Approved Assignee, immediately after giving effect to any such assignment,
(x) the aggregate amount of the Revolving Credit Commitment or the aggregate principal amount of the applicable Class of Term Loans of the assigning Lender (determined as of the date the Assignment and Acceptance with respect to such assignment
is delivered to the Applicable Administrative Agent) shall, unless otherwise agreed to in writing by the Borrower and the Applicable Administrative Agent, be $0 or at least $1,000,000 (provided that Revolving Credit Commitments or Term Loans
held by two or more Approved Funds of a Lender shall be aggregated for purposes of meeting such minimum amounts) and (y) the aggregate amount of the Revolving Credit Commitment or the aggregate principal amount of the applicable Class of Term
Loans subject to each such assignment (determined as of the date the Assignment and Acceptance with respect to such assignment is delivered to the Applicable Administrative Agent) shall, unless otherwise agreed to in writing by the Borrower and the
Applicable Administrative Agent, be at least $1,000,000 (provided that contemporaneous assignments by two or more Approved Funds of a Lender shall be aggregated for purposes of meeting such minimum amounts), (iv) any assignment by any
Revolving Credit Lender of all or a portion of its Revolving Credit Commitment shall include an assignment of all or the same portion of the Revolving Credit Loans, the Letter of Credit Outstandings then held by such Revolving Credit Lender (and
vice versa), and (v) the parties to each such assignment shall execute and deliver to the Applicable Administrative Agent, for its acceptance and recording in the Register (as defined below), an Assignment and Acceptance via (A) an
electronic settlement system acceptable to the such Administrative Agent or (B) if previously agreed with the such Administrative Agent, manually execute and deliver to the such Administrative Agent an Assignment and Acceptance with blanks
appropriately completed, together with a processing and recordation fee of $3,500 unless waived by the Applicable Administrative Agent in its sole discretion (for which the Borrower shall have no liability), provided that, in the case of
multiple assignments by or to any Lender or two or more Approved Funds of a Lender that occur substantially contemporaneously, only one such processing and recordation fee shall be payable to the Applicable Administrative Agent. Upon such
execution, delivery, acceptance and recording, from and after the effective date specified in each Assignment and Acceptance, which effective date shall be within ten (10) Business Days after the execution thereof (unless otherwise agreed to in
writing by the Applicable Administrative Agent), (A) the assignee thereunder shall be a party hereto and, to the extent provided in such Assignment and Acceptance, have the rights and obligations of a Lender hereunder and (B) the Lender
thereunder shall, to the extent provided in such Assignment and Acceptance, be released from its obligations under this Agreement (and, in the case of an Assignment and Acceptance covering all or the remaining portion of an assigning Lender’s
rights and obligations under this Agreement, such Lender shall cease to be a party hereto). Upon request and the surrender by the assigning Lender of its promissory note, if any, the Borrower (at its expense) shall execute and deliver a
promissory note to the assignee Lender. For the avoidance of doubt, any assignment to an Affiliated Lender shall be subject to Section 9.03(h). 

(c) By executing and delivering an Assignment and Acceptance, the Lender assignor thereunder and the assignee thereunder
confirm to and agree with each other and the other parties hereto as follows: (i) other than the representation and warranty that it is the legal and beneficial owner of the interest being assigned thereby free and clear of any adverse claim,
such Lender assignor makes no representation or warranty and assumes no responsibility with 

  
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respect to any statements, warranties or representations made in or in connection with this Agreement or any of the other Loan Documents or the execution, legality, validity, enforceability,
genuineness, sufficiency or value of this Agreement or any of the other Loan Documents; (ii) such Lender assignor makes no representation or warranty and assumes no responsibility with respect to the financial condition of the Borrower or the
performance or observance by the Borrower of any of their obligations under this Agreement or any of the other Loan Documents or any other instrument or document furnished pursuant hereto; (iii) such assignee confirms that it has received a
copy of this Agreement and the other Loan Documents, together with copies of the financial statements referred to in Section 3.01 and the most recent financial statements delivered pursuant to Section 5.01 and such other documents and
information as it has deemed appropriate to make its own credit analysis and decision to enter into such Assignment and Acceptance; (iv) such assignee will, independently and without reliance upon any Administrative Agent, such Lender assignor
or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement; (v) such assignee appoints and authorizes
the Applicable Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement as are delegated to the Applicable Administrative Agent by the terms hereof, together with such powers as are reasonably
incidental thereto; and (vi) such assignee agrees that it will perform in accordance with their terms all obligations that by the terms of this Agreement are required to be performed by it as a Lender. 

(d) Each Administrative Agent shall maintain at its office a copy of each Assignment and Acceptance delivered to it and a
register for the recordation of the names and addresses of the applicable Lenders, the Commitments of the applicable Lenders, the principal amount (and stated interest on) of the Loans owing to each applicable Lender and the Letter of Credit
Outstandings (if applicable), in each case from time to time (the “Register”). The entries in the Register shall be conclusive, in the absence of manifest error, and the Borrower, the Applicable Administrative Agent and the Lenders
shall treat each Person the name of which is recorded in the Register as a Lender hereunder for all purposes of this Agreement. The Register shall be available for inspection by the Borrower or any Lender at any reasonable time and from time to time
upon reasonable prior notice. 
 (e) Upon its receipt of an Assignment and Acceptance executed by an assigning Lender and the
assignee thereunder together with the fee payable in respect thereto, the Applicable Administrative Agent shall, if such Assignment and Acceptance has been completed with blanks appropriately filled and consented to by the Applicable Administrative
Agent and each Fronting Bank (to the extent such consent is required hereunder), (i) accept such Assignment and Acceptance, (ii) record the information contained therein in the Register and (iii) give prompt written notice thereof to
the Borrower (together with a copy thereof). No assignment shall be effective for purposes of this Agreement unless it has been recorded in the Register as provided in this paragraph. 

(f) Any Lender may, in connection with any assignment or participation or proposed assignment or participation pursuant to this
Section 9.03, disclose to the assignee or participant or proposed assignee or participant, any information relating to the Borrower furnished to such Lender by or on behalf of the Borrower; provided that prior to any such disclosure, each
such assignee or participant or proposed assignee or participant shall agree in writing to be bound by confidentiality provisions not less restrictive than those contained in Section 9.04. 

  
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 (g) (i) Notwithstanding anything to the contrary in this Agreement, the
Borrower or any of its Subsidiaries may purchase by way of assignment and become an assignee with respect to Term Loans of any Class at any time and from time to time from Lenders in accordance with Section 9.03(b) hereof (each, a
“Permitted Loan Purchase”); provided that (A) any such Permitted Loan Purchase occurs pursuant to Dutch auction procedures open to all applicable Lenders on a pro rata basis in accordance with customary procedures
to be agreed between the Borrower and the Term Administrative Agent; (B) no Permitted Loan Purchases shall be made with the proceeds of any Revolving Credit Loans, (C) no Default or Event of Default has occurred and is continuing or would
result from the Permitted Loan Purchase, (D) upon consummation of any such Permitted Loan Purchase, the Term Loans purchased pursuant thereto shall be automatically, immediately and permanently cancelled and extinguished in accordance with
Section 9.03(g)(ii) below, (E) the Borrower or its Subsidiary (as applicable) shall make a customary representation to the assigning Lender that it does not possess material non-public information with respect to the Borrower or its
Subsidiaries or the securities of any of them that has not been disclosed to the Lenders generally (other than Lenders that have elected not to receive such material non-public information), (F) any non-cash gain in respect of cancellation of
indebtedness resulting from any such cancellation of Loans shall not be taken into account in the calculation of Excess Cash Flow, Consolidated Net Income or Consolidated EBITDA and (G) in connection with any such Permitted Loan Purchase, the
Borrower or its Subsidiary (as applicable) and the assigning Lender shall execute and deliver to the Term Administrative Agent a Permitted Loan Purchase Assignment and Acceptance (and for the avoidance of doubt, shall not be required to execute and
deliver an Assignment and Acceptance pursuant to Section 9.03(b)) and shall otherwise comply with the conditions to Assignments under this Section 9.03. 

(ii) Each Permitted Loan Purchase shall, for purposes of this Agreement, be deemed to be an automatic, immediate and permanent
cancellation and extinguishment of such Term Loans and the Borrower shall, upon consummation of any Permitted Loan Purchase, notify the Term Administrative Agent that the Register be updated to record such event as if it were a prepayment of such
Term Loans; provided, that Permitted Loan Purchases shall not constitute an optional or mandatory prepayment of Loans and shall not be subject to Section 8.03, but each principal repayment installment in respect of the Term Loans of the
applicable Class shall be reduced pro rata by the principal amount of each Permitted Loan Purchase. 
 (h) Notwithstanding
anything to the contrary contained herein, any Term Loan Lender may, at any time, assign all or a portion of its rights and obligations under this Agreement in respect of its Term Loans on a non-pro rata basis to an Affiliated Lender through open
market purchases, subject to the following limitations: 

  
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 (i) (i) for purposes of any amendment, waiver or modification of any Loan
Document (including pursuant to Section 9.10) that does not require the consent of each Lender or each affected Lender or does not adversely affect Affiliated Lenders in any material respect as compared to other Term Loan Lenders, Affiliated
Lenders will be deemed to have voted in the same proportion as the Term Loan Lenders that are not Affiliated Lenders voting on such matter (so long as the Affiliated Lenders are not adversely affected in connection therewith in any material respect
as compared to other Term Loan Lenders solely as a result of their being Affiliated Lenders); 
 (ii) the aggregate
principal amount of Term Loans (including Incremental Term Loans) held by all Affiliated Lenders will not exceed 25% of the aggregate principal amount of the Term Loans (including any Incremental Term Loans) outstanding at such time; provided
that each of the parties hereto agrees and acknowledges that neither Term Administrative Agent shall be liable for any losses, damages, penalties, claims, demands, actions, judgments, suits, costs, expenses and disbursements of any kind or nature
whatsoever incurred or suffered by any Person in connection with any compliance or non-compliance with this Section 9.03(h)(ii) or any purported assignment exceeding such limitation; and  

(iii) by its purchase or other acquisition of a Term Loan, each Affiliated Lender shall be deemed to have acknowledged and
agreed that it has no right whatsoever (in such Person’s capacity as a Lender) so long as such Person is an Affiliated Lender to attend or receive any notice of any meeting (live or by any electronic means) in its capacity as a Lender with any
Term Administrative Agent or any other Lender or have access to the Platform (including, without limitation, that portion of the Platform that has been designated as for “private-side” Lenders). 

Notwithstanding anything in this Agreement or any other Loan Document to the contrary, each Affiliated Lender hereby agrees that, if a
proceeding under any Debtor Relief Law is commenced by or against any Loan Party at a time when such Lender is an Affiliated Lender, such Affiliated Lender irrevocably authorizes and empowers the applicable Term Administrative Agent to vote on
behalf of such Affiliated Lender with respect to the applicable Class of Term Loans held by such Affiliated Lender in the same proportion, for and against, as votes were cast on each matter by Lenders that are not Affiliated Lenders, unless such
Term Administrative Agent instructs such Affiliated Lender to vote, in which case such Affiliated Lender shall vote with respect to the Term Loans held by it in the same proportion, for and against, as votes were cast on each matter by Lenders that
are not Affiliated Lenders; provided that in connection with any matter that proposes to treat any Obligations held by such Affiliated Lender in a manner that is different than the proposed treatment of similar Obligations held by Lenders
that are not Affiliates, (a) such Affiliated Lender shall be entitled to vote in accordance with its sole discretion (and not in accordance with the direction of such Term Administrative Agent) and (b) such Term Administrative Agent shall
not be entitled to vote on behalf of such Affiliated Lender. Each Affiliated Lender hereby irrevocably appoints each Term Administrative Agent (such appointment being coupled with an interest) as such Affiliated Lender’s
attorney-

  
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in-fact, with full authority in the place and stead of such Affiliated Lender and in the name of such Affiliated Lender (solely in respect of the applicable Class of Term Loans and participations
therein and not in respect of any other claim or status that such Affiliated Lender may otherwise have), from time to time in such Term Administrative Agent’s discretion to take any action and to execute any instrument that such Term
Administrative Agent may deem reasonably necessary to carry out the provisions of (but subject to the limitations set forth in) this paragraph. 

(i) The words “execution,” “signed,” “signature,” and words of like import in any Assignment and
Acceptance shall be deemed to include electronic signatures or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature or the use of a paper-based
recordkeeping system, as the case may be, to the extent and as provided for in any applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, or any
other similar state laws based on the Uniform Electronic Transactions Act. 
 (j) Any Lender may at any time pledge or assign
a security interest in all or any portion of its rights under this Agreement to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank, and this Section shall not apply to any pledge or
assignment of a security interest; provided that no such pledge or assignment of a security interest shall release a Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto.

 Section 9.04. Confidentiality. Each Lender agrees to keep any non-public information delivered or made available by the
Borrower to it confidential from anyone other than persons employed or retained by such Lender who are or are expected to become engaged in evaluating, approving, structuring or administering the Loans; provided that nothing herein shall
prevent any Lender from disclosing such information (i) to any of its officers, directors, partners, members or Affiliates or to any other Lender, provided such officer, director, partner, member or Affiliate agrees to keep such
information confidential in a manner not less restrictive than is required by the Lenders hereunder, (ii) upon the order of any court or administrative agency, (iii) upon the request or demand of any regulatory agency or authority or by
the National Association of Insurance Commissioners, (iv) which has been publicly disclosed other than as a result of a disclosure by any Administrative Agent or any Lender which is not permitted by this Agreement, (v) in connection with
any litigation to which any Administrative Agent, any Lender, or their respective Affiliates may be a party to the extent reasonably required, (vi) to the extent reasonably required in connection with the exercise of any remedy hereunder,
(vii) to such Lender’s legal counsel and independent auditors, (viii) to any actual or proposed participant or assignee of all or part of its rights hereunder subject to the proviso in Section 9.03(f), (ix) to any direct or
indirect contractual counterparties (or the professional advisors thereto) to any swap or derivative transaction relating to the Borrower and its obligations (provided such party agrees to be bound by confidentiality provisions no less restrictive
than those contained in Section 9.04) and (x) on a confidential basis to (a) any rating agency in connection with rating the Borrower or its Subsidiaries or the facilities hereunder or (b) the CUSIP Service Bureau or any similar
agency in connection with the issuance and monitoring of CUSIP numbers with respect to the facilities or 

  
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market data collectors, similar services, providers to the lending industry and service providers to the Applicable Administrative Agent in connection with the administration and management of
this Agreement and the Loan Documents . Each Lender shall notify the Borrower of any required disclosure under clause (ii) of this Section 9.04; provided, however, that the failure of any such Lender to provide such
notification shall not limit, alter or otherwise affect any of the Borrower’s obligations under this Agreement. 
 Section 9.05.
Expenses. The Borrower agrees to pay all reasonable expenses incurred by each Administrative Agent and the Arrangers (including the reasonable fees and disbursements of Davis Polk & Wardwell LLP, counsel for the Arrangers and the
Administrative Agents, any other counsel that any Administrative Agent shall retain and any internal or third-party appraisers, consultants and auditors advising such Administrative Agent and the Arrangers and their counsel) in connection with the
preparation, execution, delivery and administration of this Agreement and the other Loan Documents, the making of the Loans and the issuance of the Letters of Credit, the perfection of the Liens contemplated hereby, the syndication of the
transactions contemplated hereby, the costs, fees and expenses of the Applicable Administrative Agent and CGMI in connection with monthly and other periodic field audits, monitoring of assets (including reasonable and customary internal collateral
monitoring fees) in accordance with Section 5.06 and publicity expenses, and, following the occurrence of an Event of Default, all expenses incurred by the Lenders and the Administrative Agents in the enforcement or protection of the rights of
any one or more of the Lenders or one or more of the Administrative Agents in connection with this Agreement or the other Loan Documents, including but not limited to the reasonable fees and disbursements of (a) one counsel to the
Administrative Agents and the Lenders, taken as a whole, and if necessary in the event of an actual conflict of interest, one additional counsel to all parties similarly situated and (b) one counsel in each applicable local jurisdiction. Such
payments by the Borrower shall be made upon delivery of a statement setting forth such costs and expenses. The obligations of the Borrower under this Section shall survive the termination of this Agreement and/or the payment of the Loans. 

Section 9.06. Indemnity. The Borrower agrees to indemnify and hold harmless each Administrative Agent, the Arrangers and the
Lenders and their respective directors, officers, partners, members, employees, trustees, advisors, agents and Affiliates (each an “Indemnified Party”) from and against any and all liabilities, obligations, losses, damages,
penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever with respect to the execution, delivery, enforcement, performance and administration of this Agreement, the other Loan Documents and any such
other documents, including any of the foregoing relating to the use of proceeds of the Loans or the violation of, noncompliance with or liability under or relating to, any Environmental Law applicable to the Borrower or any of its Subsidiaries, the
operations of the Borrower or any of its Subsidiaries or any property at any time owned, leased, or in any way used by the Borrower or any of its Subsidiaries or any entity for which any of them is alleged to be responsible, and the reasonable fees
and expenses of legal counsel in connection with any of the foregoing, whether based on contract, tort or any other theory and regardless of whether brought by the Borrower, any of its directors, security holders or creditors, an Indemnified Party
or any other person or whether any Indemnified Party is a party thereto (all the foregoing, collectively, the “Indemnified Liabilities”); provided that the Borrower shall have no obligation hereunder to any Indemnified Party
with respect to Indemnified Liabilities to the extent such Indemnified Liabilities have resulted from the gross negligence, bad faith or willful 

  
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misconduct of such Indemnified Party as determined in a final, non-appealable judgment of a court of competent jurisdiction. Without limiting the foregoing, and to the extent permitted by
applicable law, the Borrower agrees not to assert and to cause its Subsidiaries not to assert, and hereby waives and agrees to cause its Subsidiaries to waive, all rights for contribution or any other rights of recovery with respect to all claims,
demands, penalties, fines, liabilities, settlements, damages, costs and expenses of whatever kind or nature, under or related to Environmental Laws, that any of them might have by statute or otherwise against any Indemnified Party. All amounts due
under this Section 9.06 shall be payable not later than ten (10) days after written demand therefor. Statements payable by the Borrower pursuant to this Section 9.06 shall be submitted to the Borrower at the address of the Borrower
set forth in Section 9.01, or to such other Person or address as may be hereafter designated by the Borrower in a written notice to the Administrative Agents. The agreements in this Section 9.06 shall survive repayment of the Loans and all
other amounts payable hereunder. 
 Section 9.07. Choice of Law; Jurisdiction; Service of Process. (a) THIS AGREEMENT AND
THE OTHER LOAN DOCUMENTS AND ANY CLAIM, CONTROVERSY, DISPUTE OR CAUSE OF ACTION (WHETHER IN CONTRACT OR TORT OR OTHERWISE) BASED UPON, ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE OTHER LOAN DOCUMENTS SHALL IN ALL RESPECTS BE CONSTRUED IN
ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE AND TO BE PERFORMED WHOLLY WITHIN SUCH STATE. 

(b) Each party hereto (in the case of the Borrower, on behalf of itself and the other Loan Parties) 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 hereto or any related party of any of
the foregoing in any way relating to this Agreement or any other Loan Document 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, for itself and its property, to the jurisdiction of such courts and agrees that all claims
in respect of any 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 party 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. 

(c) Each party hereto (in the case of the Borrower, on behalf of itself and the other Loan Parties) hereby irrevocably and
unconditionally waives, to the fullest extent permitted by applicable law, any objection that it may now or hereafter have to the laying of venue of any action, litigation or proceeding arising out of or relating to this Agreement or any other Loan
Document in any court referred to in paragraph (b) of this Section. Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or
proceeding in any such court. 
 (d) Each party hereto irrevocably consents to service of process in the manner provided for
notices in Section 9.01. Nothing in this Agreement or any other Loan Document will affect the right of any party to this Agreement to serve process in any other manner permitted by law. 

  
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 Section 9.08. No Waiver. No failure on the part of any Administrative Agent or any of
the Lenders to exercise, and no delay in exercising, any right, power or remedy hereunder or any of the other Loan Documents shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power or remedy preclude any
other or further exercise thereof or the exercise of any other right, power or remedy. All remedies hereunder are cumulative and are not exclusive of any other remedies provided by law. 

Section 9.09. Extension of Maturity. Should any payment of principal of or interest or any other amount due hereunder become due
and payable on a day other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and, in the case of principal, interest shall be payable thereon at the rate herein specified during such extension. 

Section 9.10. Amendments, etc. No modification, amendment or waiver of any provision of any Loan Document, and no consent to any
departure by the Borrower or Guarantors therefrom, shall in any event be effective unless the same shall be in writing and consented to by the Administrative Agents (or, if applicable, the Applicable Administrative Agent) (or the Collateral Trustee
at the instruction or with the consent of the Administrative Agents (or, if applicable, the Applicable Administrative Agent)), with the written consent, or at the written direction, of the applicable requisite Lenders specified below, and then such
waiver or consent shall be effective only in the specific instance and for the purpose for which given: 
 (A) the Lender affected thereby
(and no other Lenders) to: 
 (i) increase the Commitment of a Lender (it being understood that a waiver of an Event of
Default shall not constitute an increase in the Commitment of a Lender); provided, that notwithstanding anything to the contrary, any amendment having the effect of increasing the size of the Term Facility or the Revolving Credit Facility
(other than as expressly contemplated hereunder) shall also require the consent of the Required Lenders, 
 (ii) reduce the
principal amount of any Loan (or any unreimbursed Letter of Credit) or the rate of interest payable thereon, or extend any scheduled date for the payment of principal pursuant to Section 2.09(a) or (b), or extend any date for the payment of interest
or Fees hereunder, or reduce any Fees payable hereunder or extend the Tranche B Maturity Date, the Tranche C Maturity Date, the maturity date applicable to any other Class of Term Loans, or the Revolving Credit Maturity Date; provided,
however, that, notwithstanding the foregoing, only the consent of the Required Lenders shall be necessary in order to waive the application of the default rate of interest imposed pursuant to Section 2.11 hereof notwithstanding that any
such amendment may have the effect of reducing the amount of interest or fees payable hereunder, or 

  
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 (iii) change the order of application of proceeds set forth in
Section 2.20(b) or Section 2.20(c) or, solely to the extent used to determine such order of application of proceeds, any defined terms used in such Sections; 

(B) all of the Lenders to: 

(i) amend or modify any provision of the Loan Documents which provides for the unanimous consent or approval of all the
Lenders, 
 (ii) amend this Section 9.10 (other than clauses (C), (D), (E), (F) or (G)) or the definition of
Required Lenders, except to the extent necessary to give effect to any Term Incremental Facility, Refinancing Term Facility or Replacement Revolving Facility, or 

(iii) release all or substantially all of the Collateral from the Liens created under the Security Documents or all or
substantially all of the Guarantors in their respective capacities as guarantors of the Obligations under the Domestic Subsidiary Guarantee; 

(C) the Required Revolving Credit Lenders (and no other Lenders) to: 

(i) waive the requirement set forth in Section 2.02, in Section 4.02(e) or in the second sentence of
Section 6.01 with respect to any Revolving Credit Borrowing or the issuance, extension or renewal of any Letter of Credit, 

(ii) release any Borrowing Base Collateral (other than all or substantially all of the Collateral) from the Liens created under
the Security Documents, 
 (iii) amend Section 2.15, 5.10, 5.11 or 5.12 (or any definition to the extent used in any
such Section), 
 (iv) amend Section 6.01 (and any defined terms used therein, solely to the extent that they relate to
Section 6.01) solely for purposes of determining compliance with Section 6.01 or waive any Event of Default resulting from a breach of Section 6.01, 

(v) amend the definition of “Payment Conditions” or “Permitted Investment Payment Conditions” or waive the
applicability thereof, 
 (vi) amend the size of any “baskets” contained in the Revolving Credit Facility Specific
Covenants (or add any new “basket” or provision that is substantively identical to doing so) other than any amendment or waiver of the type described in this clause (vi) (A) that is requested by the Borrower in connection with
the incurrence of Refinancing Indebtedness and (B) the effect of which is to make the applicable provision more restrictive on the Borrower and its Subsidiaries as determined in good faith by the Revolving Administrative Agent (it being
acknowledged and agreed that any such amendment or waiver to Section 6.06 or Section 6.08 that increases the size of any such basket but that subjects the usage of such basket to the satisfaction of Payment Conditions (in the case of
Section 6.06) or Permitted Investment Payment Conditions (in the case of Section 6.08) shall be deemed to be more restrictive on the Borrower and its Subsidiaries, or 

  
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 (vii) amend (I) the definition of “Incremental Cap”, the
definition of “Incremental Equivalent Debt”, Section 2.32 or Section 6.02 (and in each case any defined terms used therein) solely to the extent that the effect of such amendment would be to increase the amount of Incremental
Term Loans and/or Incremental Equivalent Debt permitted to be incurred or (II) Section 6.02(q)(y) or any of the defined term used in such clause to the extent that the effect of such amendment would be to increase the amount of Permitted Junior
Debt permitted to be incurred; 
 (D) the Super-majority Revolving Credit Lenders (and no other Lenders) to: 

(i) alter the eligibility standards used in determining the Borrowing Base in a manner which would increase the amount of the
Borrowing Base, 
 (ii) increase the advance rates in the calculation of the Borrowing Base, or 

(iii) modify the definition of “Borrowing Base Collateral”; 

(E) all of the Revolving Credit Lenders (and no other Lender) to: 

(i) amend or modify clauses (C), (D) or (E) of this Section 9.10 or the definitions of Required Revolving Credit
Lenders or Super-majority Revolving Credit Lenders or any other provision of the Loan Documents which provides for the unanimous consent or approval of the Revolving Credit Lenders, or 

(ii) release all or substantially all of the Borrowing Base Collateral from the Liens created under the Security Documents
(and, if the Borrowing Base Collateral shall constitute all or substantially all of the Collateral, the provisions of clause (B)(iii) shall also apply); 

(F) the Required Term Lenders (and no other Lender) to: 

(i) release any PP&E Collateral (other than all or substantially all of the PP&E Collateral) from the Liens created
under the Security Documents, 
 (ii) amend Section 2.16 (or any definition to the extent used in such Section), or 

(iii) modify the definition of “PP&E Collateral”; 

  
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 (G) all of the Term Loan Lenders (and no other Lender) to: 

(i) amend or modify clauses (F) or (G) of this Section 9.10 or the definition of Required Term Lenders or any
other provision of the Loan Documents which provides for the unanimous consent or approval of the Term Loan Lenders, or 

(ii) release all or substantially all of the PP&E Collateral from the Liens created under the Security Documents (and, if
the PP&E Collateral shall constitute all or substantially all of the Collateral, the provisions of clause (B)(iii) shall also apply); or 

(H) the Required Lenders (and no other Lender) to amend of modify any provision of this Agreement of any other Loan Document not expressly
subject to the provisions of clauses (A) through (G) or any other provision of this Section 9.10. 
 For the avoidance of doubt, any waiver,
amendment or modification that by its terms affects the rights or duties of one Class of Lenders (but not of any other Class of Lenders) shall require the consent of the requisite percentage in interest of the affected Class of Lenders that would be
required to consent thereto if such Class of Lenders were the only Class of Lenders hereunder at the time (and no other Lenders). No such modification, amendment or waiver or consent may adversely affect the rights and obligations of (i) any
Administrative Agent or (ii) any Fronting Bank, in each case without its prior written consent. No Lender consent shall be required (i) with respect to any action described in Section 6.03 of the Collateral Trust Agreement (subject to
the proviso contained therein), (ii) to add the obligations of the Loan Parties with respect to Indebtedness permitted under Section 6.02(q) to the Security Documents and the Intercreditor Agreements or (iii) for the entry by the
Collateral Trustee into any Intercreditor Agreement in connection with the incurrence of any Incremental Equivalent Debt (or Permitted Refinancing thereof), Permitted First Priority Refinancing Debt or Permitted Second Priority Refinancing Debt (or
Permitted Refinancing thereof) permitted under Section 6.02(aa) that is secured by Liens permitted under Section 6.03(bb) (and each Class of Lenders hereby authorizes the Applicable Administrative Agent to enter into, or to instruct the
Collateral Trustee to enter into, any amendments or modifications of the Security Documents or any Intercreditor Agreement, to the extent necessary or desirable to give effect to any such addition or incurrence). Each assignee shall be bound by any
modification, amendment, waiver, or consent authorized as provided herein, and any consent by a Lender shall bind any Person subsequently acquiring an interest in the Loans held by such Lender. No amendment to this Agreement shall be effective
against the Borrower unless in writing and signed by the Borrower. 
 Notwithstanding anything to the contrary contained in this
Section 9.10: 
 (a) This Agreement may be amended with the written consent of the Revolving Administrative Agent (or successor, as
applicable), the Borrower and the Lenders or other institutions providing the relevant Replacement Revolving Credit Facility (as defined below) to permit the refinancing of all, but not less than all, Revolving Credit Commitments with a replacement
facility under this Agreement or, if applicable, pursuant to a separate credit agreement and related documentation with respect thereto (each of the foregoing, a “Replacement Revolving Credit Facility”); provided that
(i) the aggregate amount of commitments under such Replacement Revolving Credit Commitments shall not exceed the 

  
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aggregate amount of the replaced Revolving Credit Commitments, (ii) the maturity date of such Replacement Revolving Credit Facility shall not be earlier than the Revolving Credit Maturity
Date at the time of such replacement and (iii) the other terms and conditions of such Replacement Revolving Credit Facility (excluding pricing, fees and for covenants or other provisions applicable only to periods after the Latest Maturity Date
at such time), taken as a whole, shall be market terms and conditions at the time of incurrence of such Replacement Revolving Credit Facility. The Revolving Administrative Agent (or successor, as applicable) shall not unreasonably withhold its
consent to a Replacement Revolving Credit Facility. For the avoidance of doubt, a Replacement Revolving Credit Facility shall not require the consent of any Person other than the Revolving Administrative Agent (or successor, as applicable), the
Borrower and the Lenders or other financial institutions providing such Replacement Revolving Credit Facility. 
 (b) No Lender’s
consent is required to effect any amendment, modification or supplement (i) to this Agreement or any other Loan Document to effectuate the transactions contemplated by Sections 2.28, 2.30, 2.31 and 2.32 except as expressly required pursuant to
those sections, and each of those sections shall supersede anything in this Section 9.10 to the contrary; and (ii) to the Collateral Trust Agreement or any Intercreditor Agreement, any subordination agreement or any other intercreditor
agreement or arrangement permitted under this Agreement (A) that is for the purpose of adding the holders of Permitted First Priority Refinancing Debt, Permitted Second Priority Refinancing Debt or secured Permitted Subordinated Indebtedness
(or a Senior Representative with respect thereto) as parties thereto, as expressly contemplated by the terms of this Agreement, the applicable Intercreditor Agreements, such subordination agreement or such other intercreditor agreement or
arrangement permitted under this Agreement or in any document pertaining to any Indebtedness permitted hereby that is permitted to be secured by the Collateral as applicable (it being understood that any such amendment or supplement may make such
other changes to the applicable intercreditor agreement as, in the good faith determination of the Administrative Agents, are required to effectuate the foregoing and provided that such other changes are not adverse, in any material respect, to the
interests of the Lenders) or (B) that is expressly contemplated by this Agreement, the Collateral Trust Agreement, any Intercreditor Agreement (or the comparable provisions, if any, of any subordination agreement or any other intercreditor
agreement or arrangement permitted under this Agreement); provided, further, that no such agreement shall amend, modify or otherwise affect the rights or duties of any Administrative Agent or the Collateral Trustee hereunder or under any
other Loan Document without the prior written consent of such Administrative Agent or the Collateral Trustee, as applicable. 
 (c)
Guarantees, collateral security documents and related documents executed by Subsidiaries in connection with this Agreement may be in a form reasonably determined by the Administrative Agents and may be, together with this Agreement, amended and
waived with the consent of the Administrative Agents at the request of the Borrower without the need to obtain the consent of any other Lender if such amendment or waiver is delivered in order (i) to comply with local Law or advice of local
counsel, (ii) to cure errors or omissions of a technical nature or ambiguities or defects or (iii) to cause such guarantee, collateral security document or other document to be consistent with this Agreement and the other Loan Documents.

  
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 (d) If at any time after the 2014 Amendment Effective Date, any Administrative Agent and the
Borrower shall have jointly identified an obvious error or any error or omission of a technical nature, in each case, in any provision of the Loan Documents, then the Administrative Agents and the Borrower shall be permitted to amend such provision
and such amendment shall become effective without any further action or consent of any other party to any Loan Document if the same is not objected to in writing by the Required Lenders within five (5) Business Days following receipt of notice
thereof. 
 Section 9.11. Severability. Any provision of this Agreement which is prohibited or unenforceable in any jurisdiction
shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or
render unenforceable such provision in any other jurisdiction. 
 Section 9.12. Headings. Section headings used herein are for
convenience only and are not to affect the construction of or be taken into consideration in interpreting this Agreement. 

Section 9.13. Execution in Counterparts. This Agreement may be executed in any number of counterparts, each of which shall
constitute an original, but all of which taken together shall constitute one and the same instrument. 
 Section 9.14. Prior
Agreements. This Agreement represents the entire agreement of the parties with regard to the subject matter hereof and the terms of any letters and other documentation entered into between the Borrower and any Lender or any Administrative Agent
prior to the 2014 Amendment Effective Date which relate to Loans made or to be made hereunder shall, with respect to periods on and after the 2014 Amendment Effective Date, be replaced by the terms of this Agreement (except as otherwise expressly
provided herein with respect to the Agent’s Fee Letters). 
 Section 9.15. Further Assurances. Whenever and so often as
reasonably requested by the Administrative Agents, the Borrower will promptly execute and deliver or cause to be executed and delivered all such other and further instruments, documents or assurances, and promptly do or cause to be done all such
other and further things as may be necessary and reasonably required in order to further and more fully vest in the Administrative Agents all rights, interests, powers, benefits, privileges and advantages conferred or intended to be conferred by
this Agreement and the other Loan Documents. 
 Section 9.16. Waiver of Jury Trial. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES
ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT OR TORT OR OTHERWISE).
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 AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 9.16. 

  
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 Section 9.17. USA PATRIOT Act. Each Lender, each Fronting Bank and each
Administrative Agent hereby notifies the Borrower (on behalf of each Loan Party) that pursuant to the requirements of the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (as subsequently amended and
reauthorized, the “Act”), it is required to obtain, verify and record information that identifies each Loan Party, which information includes the name and address of such Loan Party and other information that will allow such Lender
to identify the such Loan Party in accordance with the Act, and the Borrower (on behalf of each Loan Party) agrees to provide such information from time to time to such Lender, such Fronting Bank and such Administrative Agent, as applicable. 

Section 9.18. Certain Consents of Revolving Credit Lenders. Notwithstanding anything herein to the contrary, each Revolving
Credit Lender hereby agrees and consents (collectively, the “Revolving Lender Consents”): 

(a) that to the extent that (a) any amendment hereto is proposed in order to document, give effect to and incorporate the
terms of any Refinancing Indebtedness to be incurred under this Agreement in compliance with Section 2.31 and (b) such amendment does not include any modification, amendment or waiver of any provision of any Loan Document or any consent to
any departure by the Borrower or Guarantors therefrom which would require a vote of all or all affected or the relevant percentage of Revolving Credit Lenders pursuant to Sections 9.10(A), (B)(iii), (C), (D) or (E), then each Revolving Credit
Lender hereby consents (the “Term Refinancing Facilities Consent”) (i) to any such amendment, (ii) to any Permitted Refinancing of such Refinancing Indebtedness on substantially the same conditions as those set forth in
Section 2.31 to any further amendments (if any) necessary to document, give effect to and incorporate the terms of such Permitted Refinancing Indebtedness and (iii) if such Refinancing Indebtedness is in the form of Refinancing Term Loans
borrowed hereunder, to the appointment of a single financial institution reasonably acceptable to the Borrower to act as the administrative agent with respect to such Refinancing Term Loans and any other Term Loans hereunder. Each Revolving Credit
Lender hereby authorizes each of the Administrative Agent and the Collateral Trustee to enter into new documents and agreements to the extent consistent with the foregoing. 

(b) For purposes of determining consents of the Required Revolving Credit Lenders under Section 9.10(C), to authorize the
Revolving Administrative Agent to direct such Revolving Credit Lender’s vote in favor of any amendment to any of the Revolving Credit Facility Specific Covenants to modify the size of any basket to make the applicable provision more restrictive
on the Borrower and its Subsidiaries or to increase the size of any such basket contained in Section 6.06 or Section 6.08 so long as the usage of such basket is subject to the satisfaction of Payment Conditions (in the case of
Section 6.06) or Permitted Investment Payment Conditions (in the case of Section 6.08). 

  
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 Without limiting the foregoing, each Revolving Lender hereby agrees and consents to any amendment or other
modification to this Agreement and the other Loan Documents in order to effectuate the Revolving Lender Consents set forth in this Section 9.18 and hereby instructs the Revolving Administrative Agent and the Collateral Trustee, as applicable,
to enter into any agreements to effectuate the foregoing; provided that it is understood and agreed that consummation of the amendments contemplated by the Revolving Lender Consents is subject to Receipt of Sufficient Consents and
accordingly, shall require the consent of additional Lenders (including, in the case of the Borrower Substitution contemplated by the Permitted Holdco Consents, all other Lenders). The Revolving Administrative Agent shall provide to any Revolving
Credit Lender such information with respect to the matters described in this Section 9.18 as such Revolving Credit Lender shall reasonably request (to the extent such information is in the possession of the Revolving Administrative Agent). 

Section 9.19. No Fiduciary Relationship. The Borrower, on behalf of itself and the Subsidiaries, agrees that in connection with
all aspects of the transactions contemplated hereby and any communications in connection therewith, the Borrower, the Subsidiaries and their respective Affiliates, on the one hand, and the Administrative Agents, the Arrangers, the Lenders, the
Fronting Banks and their respective Affiliates, on the other hand, will have a business relationship that does not create, by implication or otherwise, any fiduciary duty on the part of the Administrative Agents, the Lenders, the Fronting Banks or
their respective Affiliates, and no such duty will be deemed to have arisen in connection with any such transactions or communications. The Administrative Agents, the Arrangers, the Lenders, the Fronting Banks and their respective Affiliates may be
engaged, for their own accounts or the accounts of customers, in a broad range of transactions that involve interests that differ from those of the Borrower, the Subsidiaries and their respective Affiliates, and none of the Administrative Agents,
the Arrangers, the Lenders, the Fronting Banks or any of their respective Affiliates has any obligation to disclose any of such interests to the Borrower, the Subsidiaries or any of their respective Affiliates. To the fullest extent permitted by
law, the Borrower hereby waives and releases any claims that it or any of its Affiliates may have against the Administrative Agents, the Arrangers, the Lenders, the Fronting Banks or any of their respective Affiliates with respect to any breach or
alleged breach of agency or fiduciary duty in connection with any aspect of any transaction contemplated hereby. 
 [REMAINDER OF THIS PAGE
INTENTIONALLY LEFT BLANK] 

  
 160 

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

			
	BORROWER:
	
	FEDERAL-MOGUL HOLDINGS CORPORATION
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 CITIBANK, N.A.,
 as Revolving
Administrative Agent

		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 CITIBANK, N.A., 
 as
Tranche B Term Administrative Agent

		
	By:	 	  

	Name:	 	
	Title:	 	
	
	CREDIT SUISSE AG,
	as Tranche C Term Administrative Agent
		
	By:	 	  

	Name:	 	
	Title:	 	

 
			
	CITIBANK, N.A.,
	as a Tranche B Term Lender
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	CREDIT SUISSE AG,
	as a Tranche C Term Lender
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 2 

 PRICING SCHEDULE 

The Applicable Margin with respect to Revolving Credit Loans and Commitment Fees with respect to the Total Revolving Credit Commitment shall
be the rate per annum set forth below in the row opposite the relevant category and in the column corresponding to the “Pricing Level” that applies for such day: 
  

													
	 	  	Level I	 	 	Level II	 	 	Level III	 
	 Revolving Credit
	  				 				 			
	 Loans that are
	  				 				 			
	 Eurodollar Loans
	  	 	1.50	% 	 	 	1.75	% 	 	 	2.00	% 
	 Revolving Credit
	  				 				 			
	 Loans that are
	  				 				 			
	 ABR Loans
	  	 	0.50	% 	 	 	0.75	% 	 	 	1.00	% 
	 Commitment Fees
	  	 	0.375	% 	 	 	0.375	% 	 	 	0.375	% 

 For purposes of this Pricing Schedule, the following terms have the following meanings: 

“Level I Pricing” shall apply for any day if, on such day, Average Monthly Revolving Credit Facility Availability (determined
as of the last day of the most recently concluded calendar month) was equal to or greater than 66.66% of the Total Revolving Credit Commitments. 

“Level II Pricing” shall apply for any day if, on such day, Average Monthly Revolving Credit Facility Availability
(determined as of the last day of the most recently concluded calendar month) was equal to or greater than 33.33% of the Total Revolving Credit Commitments, but less than 66.66% of the Total Revolving Credit Commitments. 

“Level III Pricing” shall apply for any day if, on such day, Average Monthly Revolving Credit Facility Availability
(determined as of the last day of the most recently concluded calendar month) was less than 33.33% of the Total Revolving Credit Commitments. 

“Pricing Level” shall refer to the determination of which of Level I, Level II or Level III Pricing applies for any day. 

 Annex 1 

(Loan Documents) 
 ANNEX 1

 LOAN DOCUMENTS 
 1. Collateral
Agreement 
 2. Collateral Trust Agreement 
 3. ABL
Intercreditor Agreement 
 4. Domestic Subsidiary Guarantee 

 Annex 2 

(Post-Closing Obligations) 

ANNEX 2 
 POST-CLOSING
OBLIGATIONS 
  

	1.	Foreign Pledge Agreements. Within 60 days after the Amendment Effective Date (unless extended by the Administrative Agents in their sole discretion), the Loan Parties shall either (x) deliver such local law
documentation as may be reasonably requested by the applicable Administrative Agent to continue to effect the security interest created by each Foreign Pledge Agreement set forth below under the applicable local law or (y) cause the Capital
Stock of each applicable Foreign Subsidiary to be evidenced by a certificate delivered to the Collateral Trustee and the applicable amendments made to the Collateral Agreement; provided that if the Administrative Agents and the Borrower
reasonably determine that the burden or cost of compliance with such post-closing obligation outweighs the benefit to the Lenders of the security to be afforded thereby, such post-closing obligation shall be deemed to be waived. 

 

	 	•	 	Deed of Pledge, dated as of December 27, 2007, made by Federal-Mogul Corporation in favor of Citibank, N.A., as collateral trustee, with respect to the Capital Stock of Cooperatief Federal-Mogul Dutch Investments
B.A. 

  

	 	•	 	Deed of Pledge of Shares, dated April 25, 2008, by Federal-Mogul Ignition Company over 64.5% of the shares of Federal-Mogul Ibérica, S.L., together with related deliveries. 

 

	2.	German Pledge. Within 60 days after the Amendment Effective Date (unless extended by the Administrative Agents in their sole discretion), Federal World Wide, Inc. shall deliver such local law documentation as may
be reasonably requested by the Administrative Agents to continue to pledge the security interest in Federal Mogul Automative Verwaltungs GmbH; provided that if the Administrative Agents and the Borrower reasonably determine that the burden or
cost of compliance with such post-closing obligation outweighs the benefit to the Lenders of the security to be afforded thereby, such post-closing obligation shall be deemed to be waived. 

 

	3.	Stock Certificates. Within 60 days after the Amendment Effective Date (unless extended by the Administrative Agents in their sole discretion), the applicable Loan Party shall deliver to the Collateral Trustee the
stock certificate and stock power for Federal Mogul Vehicle Component Solutions, Inc. (and updated schedules to the Collateral Agreement reflecting the delivery of such items) and the stock power for Federal-Mogul de Guatemala, S.A.; provided
that if the Administrative Agents and the Borrower reasonably determine that the burden or cost of compliance with such post-closing obligation outweighs the benefit to the Lenders of the security to be afforded thereby, such post-closing obligation
shall be deemed to be waived. 

  

	4.	Deposit Account Control Agreements. Within 60 days after the Amendment Effective Date (unless extended by the Administrative Agents in their sole discretion), the Borrower shall deliver deposit account control
agreements in form and substance reasonably satisfactory to the Collateral Trustee, with respect to the following accounts held by Borrower: 

  

	 	•	 	Account Nos. 7914640888, 7914640458, and 7914640821 with Fifth Third Bank 

  

	 	•	 	Account No. 30956601 with Citibank, N.A. 

  

	5.	Real Estate: Within 90 days after the Amendment Effective Date (unless extended by the Administrative Agents in their sole discretion), the following undertakings must be completed: 

 

	 	•	 	With respect to each Mortgaged Property, the Collateral Trustee shall have received a Mortgage (or a modification to or amendment and restatement of the Mortgage delivered pursuant to the Existing Credit Agreement)
executed and delivered by a duly authorized officer of each party thereto. 

 Annex 2 

(Post-Closing Obligations) 
  

	 	•	 	The Collateral Trustee shall have received and the Title Insurance Company shall have received, with respect to each Mortgaged Property, (i) an as-built land survey of the sites of the Mortgaged Property dated
within three (3) years of the 2014 Amendment Effective Date, by an independent professional licensed land surveyor reasonably satisfactory to the Administrative Agents and the Title Insurance Company, which surveys shall be made in accordance
with the Minimum Standard Detail Requirements for Land Title Surveys jointly established and adopted by the American Land Title Association (“ALTA”) and the American Congress on Surveying and Mapping in 1992, and, without limiting
the generality of the foregoing, there shall be surveyed and shown on such surveys the following: (A) the locations on such sites of all the buildings, structures and other improvements and the established building setback lines; (B) the
lines of streets abutting the sites and width thereof; (C) all access and other easements appurtenant to the sites; (D) all roadways, paths, driveways, easements, encroachments and overhanging projections and similar encumbrances affecting
the site, whether recorded, apparent from a physical inspection of the sites or otherwise known to the surveyor; (E) any encroachments on any adjoining property by the building structures and improvements on the sites; and (F) the flood
zone designations, if any, in which the Mortgaged Property is located (provided that if the Administrative Agents determines that it is reasonable to do so, the Administrative Agents may accept a survey in respect of any parcel of Mortgaged
Property not conforming to the requirements specified above in this clause (i)); or (ii) a satisfactory Survey Affidavit (together with a survey in respect of any parcel of Mortgaged Property not conforming to the requirements specified above
in clause (i)) in a form sufficient for the Title Insurance Company to delete the standard survey exception. 

  

	 	•	 	The Collateral Trustee shall have received in respect of each Mortgaged Property (i) a mortgagee’s title insurance policy (or policies), (ii) a marked up unconditional binder for such insurance, or
(iii) a date down endorsement to the title insurance policy delivered pursuant to the Existing Credit Agreement reasonably satisfactory to the Administrative Agents. Each such policy (after giving effect to any date down endorsement) shall
(A) be in an amount reasonably satisfactory to the Administrative Agents (not to exceed the fair market value of such property); (B) insure that the Mortgage insured thereby creates a valid Lien on such Mortgaged Property free and clear of
all defects and encumbrances, except as permitted by Section 6.03 of the Amended Credit Agreement or as is otherwise reasonably acceptable to the Administrative Agents; (C) name the Collateral Trustee for the benefit of the Secured Parties
as the insured thereunder; (D) be in the form of ALTA Loan Policy—1970 (Amended 10/17/70 and 10/17/84) (or reasonably acceptable equivalent policies); (E) contain such endorsements and affirmative coverage as the Administrative Agents
may reasonably request; and (F) be issued by title companies reasonably satisfactory to the Administrative Agents (including any such title companies acting as co-insurers or reinsurers, at the option of the Administrative Agents)
(provided that if the Administrative Agents determine that it is reasonable to do so, the Administrative Agents may accept a title insurance policy in respect of any parcel of Mortgaged Property not conforming to the requirements specified
above in this paragraph). The Administrative Agents shall have received evidence satisfactory to it that all premiums in respect of each such policy (or endorsement), all charges for mortgage recording tax, and all related expenses, if any, have
been paid. 

 Annex 2 

(Post-Closing Obligations) 
  

	 	•	 	The Administrative Agents shall have received in respect of each Mortgaged Property a copy of all recorded documents referred to, or listed as exceptions to title in, the title policy or policies referred to above and a
copy of all other material documents in the possession of the any Loan Party affecting the Mortgaged Property, in each case to the extent required by the Administrative Agents and not already provided to the Administrative Agents. 

 

	 	•	 	The Administrative Agents and the Lenders shall have received in respect of each Mortgaged Property the favorable written opinions of local counsel, reasonably acceptable to the Administrative Agents, covering such
matters as the Administrative Agents may reasonably request with respect to the applicable Mortgage. 

  

	6.	Intellectual Property: Within 60 days of the Amendment Effective Date (unless extended by the Administrative Agents in their sole discretion), the Borrower shall deliver to the Collateral Trustee customary
short-form intellectual property security agreements or confirmatory grants of security interest with the United States Patent and Trademark Office and U.S. Copyright Office, as applicable, granting a security interest in all intellectual property
set forth in Schedule 3.06 of the Collateral Agreement to the Collateral Trustee. 

  

	7.	Promissory Notes: Within 30 days after the Amendment Effective Date (unless extended by the Administrative Agents in their sole discretion), the applicable Loan Party shall deliver to the Collateral Trustee the
original copies of the promissory notes listed on Schedule 1.01A to the Credit Agreement and the executed related note powers. 

 Annex 3 

(Foreign Pledge Agreements to be Terminated) 

ANNEX 3 
 FOREIGN PLEDGE
AGREEMENTS TO BE TERMINATED 
 Bermuda 

Share Pledge Agreement, dated as of December 27, 2007, made by Federal-Mogul Corporation in favor of Citibank, N.A., as collateral trustee, with respect
to the Capital Stock of Coventry Assurance Ltd. 
 Canada 

Canadian Pledge Agreement, dated as of December 27, 2007, made by Federal-Mogul Corporation in favor of Citibank, N.A., as collateral trustee, with
respect to the Capital Stock of Federal-Mogul Canada Limited 
 England 

Security Agreement, dated as of December 27, 2007, between Federal-Mogul Global Inc. and Citibank, N.A., as security agent, with respect to the Capital
Stock of Federal-Mogul Global Growth Limited 
 Security Agreement, dated as of December 27, 2007, between Federal-Mogul Corporation and Citibank,
N.A., as security agent, with respect to the Capital Stock of Federal-Mogul (Continental European Operations) Limited 
 Netherlands 

Security Agreement, dated as of December 27, 2007, made by Federal-Mogul Corporation in favor of Citibank, N.A., as collateral trustee, with respect to
the Capital Stock of Cooperatief Federal-Mogul Dutch Investments B.A. (the “Dutch Co-Op”) 
 Security Agreement, dated as of December 27,
2007, made by Federal-Mogul Global Inc. in favor of Citibank, N.A., as collateral trustee, with respect to the Capital Stock of Federal-Mogul Global B.V. 

Security Agreement, dated as of December 27, 2007, made by Federal-Mogul Dutch Holdings Inc. in favor of Citibank, N.A., as collateral trustee, with
respect to the Capital Stock of Federal-Mogul Holdings B.V. 
 Spain 

Deed of Pledge of Shares, dated April 25, 2008, by Federal-Mogul Ignition Company over 64.5% of the shares of Federal-Mogul Ibérica, S.L., together
with related deliveries 
 Sweden 
 Deed of
Pledge of Shares, dated October 25, 2010 where Federal-Mogul Corporation pledged 66% of the shares of F-M Holding Sweden AB (now knows as Federal-Mogul Holding Sweden AB)EX-4.1

 Exhibit 4.1 

 
  

 
 DENBURY RESOURCES INC.,

 Issuer 
 [•]% Senior Subordinated Notes Due 2022 
  

 
 INDENTURE

 Dated as of April     , 2014 

 
  

WELLS FARGO BANK, NATIONAL ASSOCIATION 
 Trustee 
  
  

 

 CROSS-REFERENCE TABLE 

 

					
	 TIA
Section
	  	Indenture
Section	 
	 310(a)(1)
	  	 	7.10	  
	  (a)(2)
	  	 	7.10	  
	  (a)(3)
	  	 	N.A.	  
	  (a)(4)
	  	 	N.A.	  
	  (a)(5)
	  	 	7.10	  
	  (b)
	  	 	7.08; 7.10	  
	  (c)
	  	 	N.A.	  
	 311(a)
	  	 	7.11	  
	  (b)
	  	 	7.11	  
	  (c)
	  	 	N.A.	  
	 312(a)
	  	 	2.05	  
	  (b)
	  	 	13.03	  
	  (c)
	  	 	13.03	  
	 313(a)
	  	 	7.06	  
	  (b)(1)
	  	 	7.06	  
	  (b)(2)
	  	 	7.06	  
	  (c)
	  	 	13.02	  
	  (d)
	  	 	7.06	  
	 314(a)
	  	 	4.02; 4.11; 13.02	  
	  (b)
	  	 	N.A.	  
	  (c)(1)
	  	 	2.02; 13.04	  
	  (c)(2)
	  	 	2.02; 13.04	  
	  (c)(3)
	  	 	N.A.	  
	  (d)
	  	 	N.A.	  
	  (e)
	  	 	13.05	  
	  (f)
	  	 	N.A.	  
	 315(a)
	  	 	7.01	  
	  (b)
	  	 	7.05; 13.02	  
	  (c)
	  	 	7.01	  
	  (d)
	  	 	7.01	  
	  (e)
	  	 	6.11	  
	 316(a)(last sentence)
	  	 	13.06	  
	  (a)(1)(A)
	  	 	6.05	  
	  (a)(1)(B)
	  	 	6.04	  
	  (a)(2)
	  	 	N.A.	  
	  (b)
	  	 	6.07	  
	  (c)
	  	 	N.A.	  
	 317(a)(1)
	  	 	6.08	  
	  (a)(2)
	  	 	6.09	  
	  (b)
	  	 	2.04	  
	  318(a)
	  	 	13.01	  
	  (b)
	  	 	N.A.	  
	  (c)
	  	 	N.A.	  

 N.A. means Not Applicable. 

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

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	 ARTICLE 1
	   

	
	 Definitions and Incorporation by Reference
	   

			
	 Section 1.01.
	 	Definitions	  	 	1	  
	 Section 1.02.
	 	Other Definitions	  	 	24	  
	 Section 1.03.
	 	Incorporation by Reference of Trust Indenture Act	  	 	24	  
	 Section 1.04.
	 	Rules of Construction	  	 	25	  
	
	 ARTICLE 2
	  

	
	 The Securities
	   

			
	 Section 2.01.
	 	Form and Dating	  	 	25	  
	 Section 2.02.
	 	Execution and Authentication	  	 	25	  
	 Section 2.03.
	 	Registrar and Paying Agent	  	 	26	  
	 Section 2.04.
	 	Paying Agent To Hold Money in Trust	  	 	27	  
	 Section 2.05.
	 	Securityholder Lists	  	 	27	  
	 Section 2.06.
	 	Transfer and Exchange	  	 	27	  
	 Section 2.07.
	 	Replacement Securities	  	 	27	  
	 Section 2.08.
	 	Outstanding Securities	  	 	27	  
	 Section 2.09.
	 	Temporary Securities	  	 	28	  
	 Section 2.10.
	 	Cancellation	  	 	28	  
	 Section 2.11.
	 	Defaulted Interest	  	 	28	  
	 Section 2.12.
	 	CUSIP Numbers	  	 	28	  
	 Section 2.13.
	 	Issuance of Additional Securities	  	 	29	  
	
	 ARTICLE 3
	   

	
	 Redemption
	   

			
	 Section 3.01.
	 	Notices to Trustee	  	 	29	  
	 Section 3.02.
	 	Selection of Securities To Be Redeemed	  	 	29	  
	 Section 3.03.
	 	Notice of Redemption	  	 	30	  
	 Section 3.04.
	 	Effect of Notice of Redemption	  	 	30	  
	 Section 3.05.
	 	Deposit of Redemption Price	  	 	30	  
	 Section 3.06.
	 	Securities Redeemed in Part	  	 	30	  

  
 i 

							
	 	 	 	  	Page	 
	
	 ARTICLE 4
	   

	
	 Covenants
	   

	 Section 4.01.
	 	Payment of Securities	  	 	31	  
	 Section 4.02.
	 	SEC Reports	  	 	31	  
	 Section 4.03.
	 	Limitation on Indebtedness	  	 	31	  
	 Section 4.04.
	 	Incurrence of Layered Indebtedness	  	 	33	  
	 Section 4.05.
	 	Limitation on Restricted Payments	  	 	33	  
	 Section 4.06.
	 	Limitation on Restrictions on Distributions from Restricted Subsidiaries	  	 	35	  
	 Section 4.07.
	 	Limitation on Sales of Assets and Subsidiary Stock	  	 	36	  
	 Section 4.08.
	 	Limitation on Affiliate Transactions	  	 	38	  
	 Section 4.09.
	 	Change of Control	  	 	39	  
	 Section 4.10.
	 	Limitation on Liens	  	 	40	  
	 Section 4.11.
	 	Compliance Certificate	  	 	40	  
	 Section 4.12.
	 	Further Instruments and Acts	  	 	40	  
	 Section 4.13.
	 	Future Subsidiary Guarantors	  	 	40	  
	 Section 4.14.
	 	Suspension of Certain Covenants	  	 	40	  
	
	 ARTICLE 5
	   

	
	 Successor Company
	   

			
	 Section 5.01.
	 	When Company May Merge or Transfer Assets	  	 	41	  
	 Section 5.02.
	 	When Subsidiary Guarantors May Merge or Transfer Assets	  	 	42	  
	
	 ARTICLE 6
	   

	
	 Defaults and Remedies
	   

			
	 Section 6.01.
	 	Events of Default	  	 	43	  
	 Section 6.02.
	 	Acceleration	  	 	45	  
	 Section 6.03.
	 	Other Remedies	  	 	45	  
	 Section 6.04.
	 	Waiver of Past Defaults	  	 	45	  
	 Section 6.05.
	 	Control by Majority	  	 	46	  
	 Section 6.06.
	 	Limitation on Suits	  	 	46	  
	 Section 6.07.
	 	Rights of Holders To Receive Payment	  	 	46	  
	 Section 6.08.
	 	Collection Suit by Trustee	  	 	46	  
	 Section 6.09.
	 	Trustee May File Proofs of Claim	  	 	46	  
	 Section 6.10.
	 	Priorities	  	 	47	  
	 Section 6.11.
	 	Undertaking for Costs	  	 	47	  
	 Section 6.12.
	 	Waiver of Stay or Extension Laws	  	 	47	  

  
 ii 

							
	 	 	 	  	Page	 
	
	 ARTICLE 7
	   

	
	 Trustee
	   

			
	 Section 7.01.
	 	Duties of Trustee	  	 	48	  
	 Section 7.02.
	 	Rights of Trustee	  	 	49	  
	 Section 7.03.
	 	Individual Rights of Trustee	  	 	49	  
	 Section 7.04.
	 	Trustee’s Disclaimer	  	 	49	  
	 Section 7.05.
	 	Notice of Defaults	  	 	50	  
	 Section 7.06.
	 	Reports by Trustee to Holders	  	 	50	  
	 Section 7.07.
	 	Compensation and Indemnity	  	 	50	  
	 Section 7.08.
	 	Replacement of Trustee	  	 	51	  
	 Section 7.09.
	 	Successor Trustee by Merger	  	 	51	  
	 Section 7.10.
	 	Eligibility; Disqualification	  	 	52	  
	 Section 7.11.
	 	Preferential Collection of Claims Against Company	  	 	52	  
	
	 ARTICLE 8
	   

	
	 Discharge of Indenture; Defeasance
	   

			
	 Section 8.01.
	 	Discharge of Liability on Securities; Defeasance	  	 	52	  
	 Section 8.02.
	 	Conditions to Defeasance	  	 	53	  
	 Section 8.03.
	 	Application of Trust Money	  	 	54	  
	 Section 8.04.
	 	Repayment to Company	  	 	54	  
	 Section 8.05.
	 	Indemnity for Government Obligations	  	 	54	  
	 Section 8.06.
	 	Reinstatement	  	 	54	  
	
	 ARTICLE 9
	   

	
	 Amendments
	   

			
	 Section 9.01.
	 	Without Consent of Holders	  	 	55	  
	 Section 9.02.
	 	With Consent of Holders	  	 	56	  
	 Section 9.03.
	 	Compliance with Trust Indenture Act	  	 	57	  
	 Section 9.04.
	 	Revocation and Effect of Consents and Waivers	  	 	57	  
	 Section 9.05.
	 	Notation on or Exchange of Securities	  	 	57	  
	 Section 9.06.
	 	Trustee To Sign Amendments	  	 	57	  
	 Section 9.07.
	 	Payment for Consent	  	 	57	  

  
 iii

							
	 	 	 	  	Page	 
	
	 ARTICLE 10
	   

	
	 Subordination of the Securities
	   

			
	 Section 10.01.
	 	Agreement To Subordinate	  	 	58	  
	 Section 10.02.
	 	Liquidation, Dissolution, Bankruptcy	  	 	58	  
	 Section 10.03.
	 	Default on Designated Senior Indebtedness	  	 	58	  
	 Section 10.04.
	 	Acceleration of Payment of Securities	  	 	59	  
	 Section 10.05.
	 	When Distribution Must Be Paid Over	  	 	59	  
	 Section 10.06.
	 	Subrogation	  	 	59	  
	 Section 10.07.
	 	Relative Rights	  	 	59	  
	 Section 10.08.
	 	Subordination May Not Be Impaired by Company	  	 	60	  
	 Section 10.09.
	 	Rights of Trustee and Paying Agent	  	 	60	  
	 Section 10.10.
	 	Distribution or Notice to Representative	  	 	60	  
	 Section 10.11.
	 	Article 10 Not To Prevent Events of Default or Limit Right To Accelerate	  	 	60	  
	 Section 10.12.
	 	Trust Moneys Not Subordinated	  	 	60	  
	 Section 10.13.
	 	Trustee Entitled To Rely	  	 	60	  
	 Section 10.14.
	 	Trustee To Effectuate Subordination	  	 	61	  
	 Section 10.15.
	 	Trustee Not Fiduciary for Holders of Senior Indebtedness of the Company	  	 	61	  
	 Section 10.16.
	 	Reliance by Holders of Senior Indebtedness of the Company on Subordination Provisions	  	 	61	  
	
	 ARTICLE 11
	   

	
	 Subsidiary Guarantees
	   

			
	 Section 11.01.
	 	Subsidiary Guarantees	  	 	61	  
	 Section 11.02.
	 	Limitation on Liability	  	 	63	  
	 Section 11.03.
	 	Successors and Assigns	  	 	64	  
	 Section 11.04.
	 	No Waiver	  	 	64	  
	 Section 11.05.
	 	Modification	  	 	64	  
	 Section 11.06.
	 	Release of Subsidiary Guarantor	  	 	64	  
	
	 ARTICLE 12
	   

	
	 Subordination of Subsidiary Guarantees
	   

			
	 Section 12.01.
	 	Agreement To Subordinate	  	 	64	  
	 Section 12.02.
	 	Liquidation, Dissolution, Bankruptcy	  	 	65	  
	 Section 12.03.
	 	Default on Designated Senior Indebtedness of Subsidiary Guarantor	  	 	65	  

  
 iv 

							
	 	 	 	  	Page	 
	 Section 12.04.
	 	Demand for Payment	  	 	66	  
	 Section 12.05.
	 	When Distribution Must Be Paid Over	  	 	66	  
	 Section 12.06.
	 	Subrogation	  	 	66	  
	 Section 12.07.
	 	Relative Rights	  	 	66	  
	 Section 12.08.
	 	Subordination May Not Be Impaired by Subsidiary Guarantor	  	 	67	  
	 Section 12.09.
	 	Rights of Trustee and Paying Agent	  	 	67	  
	 Section 12.10.
	 	Distribution or Notice to Representative	  	 	67	  
	 Section 12.11.
	 	Article 12 Not To Prevent Defaults Under a Subsidiary Guarantee or Limit Right To Demand Payment	  	 	67	  
	 Section 12.12.
	 	Trustee Entitled To Rely	  	 	67	  
	 Section 12.13.
	 	Trustee To Effectuate Subordination	  	 	68	  
	 Section 12.14.
	 	Trustee Not Fiduciary for Holders of Senior Indebtedness of Subsidiary Guarantor	  	 	68	  
	 Section 12.15.
	 	Reliance by Holders of Senior Indebtedness on Subordination Provisions	  	 	68	  
	
	 ARTICLE 13
	   

	
	 Miscellaneous
	   

	 Section 13.01.
	 	Trust Indenture Act Controls	  	 	68	  
	 Section 13.02.
	 	Notices	  	 	68	  
	 Section 13.03.
	 	Communication by Holders with Other Holders	  	 	69	  
	 Section 13.04.
	 	Certificate and Opinion as to Conditions Precedent	  	 	69	  
	 Section 13.05.
	 	Statements Required in Certificate or Opinion	  	 	69	  
	 Section 13.06.
	 	When Securities Disregarded	  	 	70	  
	 Section 13.07.
	 	Rules by Trustee, Paying Agent and Registrar	  	 	70	  
	 Section 13.08.
	 	Legal Holidays	  	 	70	  
	 Section 13.09.
	 	Governing Law	  	 	70	  
	 Section 13.10.
	 	No Recourse Against Others	  	 	70	  
	 Section 13.11.
	 	Successors	  	 	71	  
	 Section 13.12.
	 	Multiple Originals	  	 	71	  
	 Section 13.13.
	 	Table of Contents; Headings	  	 	71	  
	 Section 13.14.
	 	Severability	  	 	71	  

  

			
	 Exhibit 1
	  	Form of Supplemental Indenture
		
	 Exhibit A
	  	Form of Security

  
 v 

 INDENTURE dated as of April     , 2014, among DENBURY RESOURCES
INC., a Delaware corporation (the “Company”), certain of the Company’s subsidiaries signatory hereto (each, a “Subsidiary Guarantor” and, collectively, the “Subsidiary Guarantors”) and WELLS
FARGO BANK, NATIONAL ASSOCIATION (the “Trustee”). 
 Each party agrees as follows for the benefit of the other
parties and for the equal and ratable benefit of the Holders of the Company’s $[•]aggregate principal amount of [•]% Senior Subordinated Notes due 2022 issued on the Issue Date (the “Securities”): 

ARTICLE 1 

Definitions and Incorporation by Reference 
 Section 1.01. Definitions. 
 “Additional Assets” means
(i) any property or assets (other than Indebtedness and Capital Stock) in the Oil and Gas Business; (ii) the Capital Stock of a Person that becomes a Restricted Subsidiary as a result of the acquisition of such Capital Stock by the Company
or another Restricted Subsidiary; or (iii) Capital Stock constituting a non-controlling interest in any Person that at such time is a Restricted Subsidiary; provided, however, that any such
Restricted Subsidiary described in clauses (ii) or (iii) above is primarily engaged in the Oil and Gas Business. 

“Additional Securities” means, subject to the Company’s compliance with Section 4.03, [•]% Senior
Subordinated Notes due 2022 issued from time to time after the Issue Date under the terms of this Indenture (other than pursuant to Section 2.06, 2.07, 2.09, 3.06 or 9.05 of this Indenture). 

“Adjusted Consolidated Net Tangible Assets” or “ACNTA” means (without duplication), as of the date of
determination, (a) the sum of (i) the discounted future net revenue from proved crude oil, natural gas and helium reserves of the Company and its Restricted Subsidiaries calculated in accordance with SEC guidelines before any state or U.S.
federal income taxes, as estimated in a reserve report prepared as of the end of the Company’s most recently completed fiscal year, which reserve report is prepared or reviewed by independent petroleum engineers, as increased by, as of the date
of determination, the discounted future net revenue of (A) estimated proved crude oil, natural gas and helium reserves of the Company and its Restricted Subsidiaries attributable to acquisitions consummated since the date of such year-end reserve report, and (B) estimated crude oil, natural gas and helium reserves of the Company and its Restricted Subsidiaries attributable to extensions, discoveries and other additions and upward
determinations of estimates of proved crude oil, natural gas and helium reserves (including previously estimated development costs incurred during the period and the accretion of discount since the prior year end) due to exploration, development or
exploitation, production or other activities which reserves were not reflected in such year-end reserve report which would, in the case of determinations made pursuant to clauses (A) and (B), in
accordance with standard industry practice, result in such determinations, in each case calculated in accordance with SEC guidelines (utilizing the prices utilized in such year-end reserve report), and
decreased by, as of 

 
the date of determination, the discounted future net revenue attributable to (C) estimated proved crude oil, natural gas and helium reserves of the Company and its Restricted Subsidiaries
reflected in such year-end reserve report produced or disposed of since the date of such year-end reserve report and (D) reductions in the estimated crude oil,
natural gas and helium reserves of the Company and its Restricted Subsidiaries reflected in such year-end reserve report since the date of such year-end reserve report
attributable to downward determinations of estimates of proved crude oil, natural gas and helium reserves due to exploration, development or exploitation, production or other activities conducted or otherwise occurring since the date of such year-end reserve report which would, in the case of determinations made pursuant to clauses (C) and (D), in accordance with standard industry practice, result in such determinations, in each case calculated in
accordance with SEC guidelines (utilizing the prices utilized in such year-end reserve report); provided, however, that, in the case of each of the determinations made pursuant to clauses
(A) through (D), such increases and decreases shall be as estimated by the Company’s engineers, except that if as a result of such acquisitions, dispositions, discoveries, extensions or revisions, there is a Material Change which is an
increase, then such increases and decreases in the discounted future net revenue shall be confirmed in writing by an independent petroleum engineer, (ii) the capitalized costs that are attributable to crude oil, natural gas and helium
properties of the Company and its Restricted Subsidiaries to which no proved crude oil, natural gas and helium reserves are attributed, based on the Company’s books and records as of a date no earlier than the date of the Company’s latest
annual or quarterly financial statements, (iii) the Net Working Capital on a date no earlier than the date of the Company’s latest annual or quarterly financial statements and (iv) the greater of (I) the net book value on a date
no earlier than the date of the Company’s latest annual or quarterly financial statements and (II) the appraised value, as estimated by independent appraisers, of other tangible assets of the Company and its Restricted Subsidiaries as of a date
no earlier than the date of the Company’s latest audited financial statements (provided that the Company shall not be required to obtain such an appraisal of such assets if no such appraisal has been performed), minus (b) to the
extent not otherwise taken into account in the immediately preceding clause (a), the sum of (i) noncontrolling interests, (ii) any natural gas balancing liabilities of the Company and its Restricted Subsidiaries reflected in the
Company’s latest audited financial statements, (iii) the discounted future net revenue, calculated in accordance with SEC guidelines (utilizing the same prices utilized in the Company’s year-end
reserve report), attributable to reserves subject to participation interests, overriding royalty interests or other interests of third parties, pursuant to participation, partnership, vendor financing or other agreements then in effect, or which
otherwise are required to be delivered to third parties, (iv) the discounted future net revenue, calculated in accordance with SEC guidelines (utilizing the same prices utilized in the Company’s
year-end reserve report), attributable to reserves that are required to be delivered to third parties to fully satisfy the obligations of the Company and its Restricted Subsidiaries with respect to Volumetric
Production Payments on the schedules specified with respect thereto and (v) the discounted future net revenue, calculated in accordance with SEC guidelines, attributable to reserves subject to Dollar-Denominated Production Payments that, based
on the estimates of production included in determining the discounted future net revenue specified in the immediately preceding clause (a)(i) (utilizing the same prices utilized in the Company’s year-end
reserve report), would be necessary to satisfy fully the obligations of the Company and its Restricted Subsidiaries with respect to Dollar-Denominated Production Payments on the schedules specified with respect thereto. 

  
 2 

 “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 the purposes of this definition, “control” when used with respect to any Person means the power to direct the
management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to
the foregoing. For purposes of Sections 4.05, 4.07 and 4.08 only, “Affiliate” shall also mean any beneficial owner of Capital Stock representing 10% or more of the total voting power of the Voting Stock (on a fully diluted basis) of
the Company or of rights or warrants to purchase such Capital Stock (whether or not currently exercisable) and any Person who would be an Affiliate of any such beneficial owner pursuant to the first sentence hereof. 

“Asset Disposition” means any sale, lease, transfer or other disposition (or series of related sales, leases, transfers
or dispositions) by the Company or any Restricted Subsidiary, including any disposition by means of a merger, consolidation or similar transaction (each referred to for the purposes of this definition as a “disposition”), of
(i) any shares of Capital Stock of a Restricted Subsidiary (other than directors’ qualifying shares or shares required by applicable law to be held by a Person other than the Company or a Restricted Subsidiary), (ii) all or
substantially all the assets of any division or line of business of the Company or any Restricted Subsidiary or (iii) any other assets of the Company or any Restricted Subsidiary outside of the ordinary course of business of the Company or such
Restricted Subsidiary. Notwithstanding the foregoing, none of the following shall be deemed to be an Asset Disposition: (1) a disposition by a Restricted Subsidiary to the Company or by the Company or a Restricted Subsidiary to a Wholly Owned
Subsidiary, (2) for purposes of Section 4.07 only, a disposition that constitutes a Restricted Payment permitted by Section 4.05, a disposition of all or substantially all the assets of the Company in compliance with Section 5.01
or a disposition that constitutes a Change of Control pursuant to clause (iii) of the definition thereof, (3) the sale or transfer (whether or not in the ordinary course of business) of crude oil and natural gas properties or direct or
indirect interests in real property; provided, however, that at the time of such sale or transfer such properties do not have associated with them any proved reserves, (4) the abandonment, farm-out, lease or sublease of developed
or undeveloped crude oil and natural gas properties in the ordinary course of business, (5) the trade or exchange by the Company or any Restricted Subsidiary of any crude oil and natural gas property owned or held by the Company or such
Restricted Subsidiary for any crude oil and natural gas property owned or held by another Person, (6) the sale or transfer of hydrocarbons or other mineral products or surplus or obsolete equipment or (7) a single transaction or series of
related transactions that involve the disposition of assets with a fair market value of less than $20.0 million, in each case in the ordinary course of business. 
 “Attributable Debt” in respect of a Sale/Leaseback Transaction means, as at the time of determination, the present value (discounted at the interest rate implicit in the Sale/Leaseback
Transaction, compounded annually) of the total obligations of the lessee for rental payments during the remaining term of the lease included in such Sale/Leaseback Transaction (including any period for which such lease has been extended).

  
 3 

 “Average Life” means, as of the date of determination, with respect to any
Indebtedness or Preferred Stock, the quotient obtained by dividing (i) the sum of the products of the numbers of years from the date of determination to the dates of each successive scheduled principal payment of such Indebtedness or redemption
or similar payment with respect to such Preferred Stock multiplied by the amount of such payment by (ii) the sum of all such payments. 
 “Board of Directors” means the Board of Directors of the Company or any committee thereof duly authorized to act on behalf of such Board. 

“Business Day” means each day which is not a Legal Holiday. 

“Capital Lease Obligation” means an obligation that is required to be classified and accounted for as a capital lease
for financial reporting purposes in accordance with GAAP, and the amount of Indebtedness represented by such obligation shall be the capitalized amount of such obligation determined in accordance with GAAP; and the Stated Maturity thereof shall be
the date of the last payment of rent or any other amount due under such lease prior to the first date upon which such lease may be terminated by the lessee without payment of a penalty. 

“Capital Stock” of any Person means any and all shares, interests, rights to purchase, warrants, options, participations
or other equivalents of or interests (however designated) in equity of such Person, including any Preferred Stock, but excluding any debt securities convertible into such equity. 

“Change of Control” means the occurrence of any of the following events: 

(i) any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) is or becomes the
beneficial owner (as defined in Rules 13d-3 and 13d-5 under the Exchange Act, except that for purposes of this clause (i) such person shall be deemed to have
“beneficial ownership” of all shares that such person has the right to acquire, whether such right is exercisable immediately or only after the passage of time), directly or indirectly, of more than 40% of the total voting power of the
Voting Stock of the Company (for the purposes of this clause (i), such person shall be deemed to beneficially own any Voting Stock of a specified corporation held by a parent corporation, if such person is the beneficial owner (as defined in this
clause (i)), directly or indirectly, of more than 40% of the voting power of the Voting Stock of such parent corporation); 
 (ii) during any period of two consecutive years from and after the Issue Date, individuals who at the beginning of such period constituted the Board of Directors of the Company (together with any new
directors whose election by such Board of Directors or whose nomination for election by the shareholders of the Company was approved by a vote of a majority of the directors of the Company then still in office who were either directors at the
beginning of such period or whose election or nomination for election was previously so approved) cease for any reason to constitute a majority of the Board of Directors then in office; 

(iii) the shareholders of the Company shall have approved any plan of liquidation or dissolution of the Company; or

  
 4 

 (iv) the merger or consolidation of the Company with or into another Person
or the merger of another Person with or into the Company, or the sale, lease, conveyance or transfer of all or substantially all the assets of the Company and its Restricted Subsidiaries, taken as a whole, to another Person, and, in the case of any
such merger or consolidation, the securities of the Company that are outstanding immediately prior to such transaction and which represent 100% of the aggregate voting power of the Voting Stock of the Company are changed into or exchanged for cash,
securities or property, unless pursuant to such transaction such securities are changed into or exchanged for, in addition to any other consideration, securities of the surviving corporation that represent immediately after such transaction, at
least a majority of the aggregate voting power of the Voting Stock of the surviving corporation. 
 “Code”
means the Internal Revenue Code of 1986, as amended. 
 “Company” means the party named as such in the preamble
to this Indenture until a successor replaces it and, thereafter, means the successor and, for purposes of any provision contained herein and required by the TIA, each other obligor on the indenture securities. 

“Consolidated Coverage Ratio” as of any date of determination means the ratio of (i) the aggregate amount of EBITDA
for the period of the most recent four consecutive fiscal quarters ending at least 45 days prior to the date of such determination to (ii) Consolidated Interest Expense for such four fiscal quarters; provided, however, that
(1) if the Company or any Restricted Subsidiary has Incurred any Indebtedness since the beginning of such period that remains outstanding or if the transaction giving rise to the need to calculate the Consolidated Coverage Ratio is an
Incurrence of Indebtedness, or both, EBITDA and Consolidated Interest Expense for such period shall be calculated after giving effect on a pro forma basis to such Indebtedness as if such Indebtedness had been Incurred on the first day of such period
and the discharge of any other Indebtedness repaid, repurchased, defeased or otherwise discharged with the proceeds of such new Indebtedness as if such discharge had occurred on the first day of such period, (2) if the Company or any Restricted
Subsidiary has repaid, repurchased, defeased or otherwise discharged any Indebtedness since the beginning of such period or if any Indebtedness is to be repaid, repurchased, defeased or otherwise discharged on the date of the transaction giving rise
to the need to calculate the Consolidated Coverage Ratio, EBITDA and Consolidated Interest Expense for such period shall be calculated on a pro forma basis as if such discharge had occurred on the first day of such period and as if the Company or
such Restricted Subsidiary had not earned the interest income actually earned during such period in respect of cash or Temporary Cash Investments used to repay, repurchase, defease or otherwise discharge such Indebtedness, (3) if since the
beginning of such period the Company or any Restricted Subsidiary shall have made any Asset Disposition (other than an Asset Disposition involving assets having a fair market value of less than the greater of 2.5% of Adjusted Consolidated Net
Tangible Assets as of the end of the Company’s then most recently completed fiscal year and $3.0 million), then EBITDA for such period shall be reduced by an amount equal to EBITDA (if positive) directly attributable to the assets which are the
subject of such Asset Disposition for such period, or increased by an amount equal to EBITDA (if negative) directly attributable thereto for such period and Consolidated Interest Expense for such period shall be reduced by an amount equal to the
Consolidated Interest Expense directly attributable to any Indebtedness of the Company or any Restricted Subsidiary repaid, repurchased, defeased or 

  
 5 

 
otherwise discharged with respect to the Company and its continuing Restricted Subsidiaries in connection with such Asset Disposition for such period (or, if the Capital Stock of any Restricted
Subsidiary is sold, the Consolidated Interest Expense for such period directly attributable to the Indebtedness of such Restricted Subsidiary to the extent the Company and its continuing Restricted Subsidiaries are no longer liable for such
Indebtedness after such sale), (4) if since the beginning of such period the Company or any Restricted Subsidiary (by merger or otherwise) shall have made an Investment in any Restricted Subsidiary (or any Person which becomes a Restricted
Subsidiary) or an acquisition (including by way of lease) of assets, including any acquisition of assets occurring in connection with a transaction requiring a calculation to be made hereunder, EBITDA and Consolidated Interest Expense for such
period shall be calculated after giving pro forma effect thereto (including the Incurrence of any Indebtedness) as if such Investment or acquisition occurred on the first day of such period and (5) if since the beginning of such period any
Person (that subsequently became a Restricted Subsidiary or was merged with or into the Company or any Restricted Subsidiary since the beginning of such period) shall have made any Asset Disposition, any Investment or acquisition of assets that
would have required an adjustment pursuant to clause (3) or (4) above if made by the Company or a Restricted Subsidiary during such period, EBITDA and Consolidated Interest Expense for such period shall be calculated after giving pro forma
effect thereto as if such Asset Disposition, Investment or acquisition occurred on the first day of such period. For purposes of this definition, whenever pro forma effect is to be given to an acquisition of assets, the amount of income or earnings
relating thereto and the amount of Consolidated Interest Expense associated with any Indebtedness Incurred in connection therewith, the pro forma calculations shall be determined in good faith by a responsible financial or accounting Officer of the
Company. 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 date of determination had been the applicable rate for
the entire period (taking into account any Interest Rate Agreement applicable to such Indebtedness if such Interest Rate Agreement has a remaining term in excess of 12 months). 

“Consolidated Interest Expense” means, for any period, the total interest expense of the Company and its Restricted
Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP, plus, to the extent not included in such total interest expense, and to the extent incurred by the Company or its Restricted Subsidiaries, without duplication,
(i) interest expense attributable to Capital Lease Obligations and imputed interest with respect to Attributable Debt, (ii) capitalized interest, (iii) non-cash interest expense,
(iv) commissions, discounts and other fees and charges owed with respect to letters of credit and bankers’ acceptance financing, (v) net costs (including amortization of fees and up-front
payments) associated with interest rate caps and other interest rate and currency options that, at the time entered into, resulted in the Company and its Restricted Subsidiaries being net payees as to future payouts under such caps or options, and
interest rate and currency swaps and forwards for which the Company or any of its Restricted Subsidiaries has paid a premium, (vi) dividends (excluding dividends paid in shares of Capital Stock which is not Disqualified Stock) in respect of all
Disqualified Stock held by Persons other than the Company or a Wholly Owned Subsidiary and (vii) interest accruing on any Indebtedness of any other Person to the extent such Indebtedness is Guaranteed by the Company or any Restricted Subsidiary
or secured by a Lien on assets of the Company or any Restricted Subsidiary to the extent such Indebtedness constitutes Indebtedness of the Company or any Restricted Subsidiary (whether or not such

  
 6 

 
Guarantee or Lien is called upon); provided, however, “Consolidated Interest Expense” shall not include any (x) amortization of costs relating to original debt
issuances other than the amortization of debt discount related to the issuance of zero coupon securities or other securities with an original issue price of not more than 90% of the principal thereof, (y) Consolidated Interest Expense with
respect to any Indebtedness Incurred pursuant to Section 4.03(b)(8) and (z) noncash interest expense Incurred in connection with interest rate caps and other interest rate and currency options that, at the time entered into, resulted in
the Company and its Restricted Subsidiaries being either neutral or net payors as to future payouts under such caps or options. 

“Consolidated Net Income” means, for any period, the net income of the Company and its Subsidiaries determined on a
consolidated basis in accordance with GAAP; provided, however, that there shall not be included in such Consolidated Net Income: (i) any net income of any Person (other than the Company) if such Person is not a Restricted
Subsidiary, except that (A) subject to the exclusion contained in clause (iv) below, the Company’s equity in the net income of any such Person for such period shall be included in such Consolidated Net Income up to the aggregate
amount of cash actually distributed by such Person during such period to the Company or a Restricted Subsidiary as a dividend or other distribution (subject, in the case of a dividend or other distribution paid to a Restricted Subsidiary, to the
limitations contained in clause (iii) below) and (B) the Company’s equity in a net loss of any such Person for such period shall be included in determining such Consolidated Net Income; (ii) any net income (or loss) of any Person
acquired by the Company or a Subsidiary in a pooling of interests transaction for any period prior to the date of such acquisition; (iii) any net income of any Restricted Subsidiary (other than a Subsidiary Guarantor) if such Restricted
Subsidiary is subject to restrictions, directly or indirectly, on the payment of dividends or the making of distributions by such Restricted Subsidiary, directly or indirectly, to the Company, except that (A) subject to the exclusion contained
in clause (iv) below, the Company’s equity in the net income of any such Restricted Subsidiary for such period shall be included in such Consolidated Net Income up to the aggregate amount of cash actually distributed by such Restricted
Subsidiary during such period to the Company or another Restricted Subsidiary as a dividend or other distribution (subject, in the case of a dividend or other distribution paid to another Restricted Subsidiary, to the limitation contained in this
clause) and (B) the Company’s equity in a net loss of any such Restricted Subsidiary for such period shall be included in determining such Consolidated Net Income; (iv) any gain or loss realized upon the sale or other disposition of
any assets of the Company or its Subsidiaries (including pursuant to any sale-and-leaseback arrangement) which is not sold or otherwise disposed of in the ordinary
course of business and any gain or loss realized upon the sale or other disposition of any Capital Stock of any Person; (v) extraordinary gains or losses; (vi) any non-cash compensation expense
realized for grants of performance shares, stock options or stock awards to officers, directors and employees of the Company or any of its Restricted Subsidiaries; (vii) any write-downs of non-current
assets; provided, however, that any ceiling limitation write-downs under SEC guidelines shall be treated as capitalized costs, as if such write-downs had not occurred; and (viii) the cumulative effect of a change in accounting
principles. Notwithstanding the foregoing, for the purposes of Section 4.05 only, there shall be excluded from Consolidated Net Income any dividends, repayments of loans or advances or other transfers of assets from Unrestricted Subsidiaries to
the Company or a Restricted Subsidiary to the extent such dividends, repayments or transfers increase the amount of Restricted Payments permitted under Section 4.05(a)(3)(E). 

  
 7 

 “Consolidated Net Worth” means the total of the amounts shown on the
balance sheet of the Company and its Subsidiaries, determined on a consolidated basis in accordance with GAAP, as of the end of the most recent fiscal quarter of the Company ending at least 45 days prior to the taking of any action for the purpose
of which the determination is being made, as (i) the par or stated value of all outstanding Capital Stock of the Company plus (ii) paid-in capital or capital surplus relating to such Capital
Stock plus (iii) any retained earnings or earned surplus less (A) any accumulated deficit and (B) any amounts attributable to Disqualified Stock. 
 “Credit Agreement” means the Credit Agreement among the Company, as Borrower, JPMorgan Chase Bank, N.A., as Administrative Agent, and certain other financial institutions, dated
March 9, 2010, as amended (or any successor thereto or replacement thereof), including any related notes, guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated,
modified, renewed, refunded, replaced, refinanced or increased in whole or in part, from time to time. 
 “Credit
Facilities” means, with respect to the Company or any Restricted Subsidiary, one or more debt facilities (including the Credit Agreement) or commercial paper facilities with banks or other institutional lenders providing for revolving
credit loans, term loans, receivables financing (including through the sale of receivables to such lenders or to special purpose entities formed to borrow from such lenders against such receivables) or letters of credit, in each case, as amended,
restated, modified, renewed, refunded, replaced or refinanced in whole or in part from time to time. 
 “Currency
Agreement” means in respect of a Person any foreign exchange contract, currency swap agreement or other similar agreement to which such Person is a party or a beneficiary. 

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

 “Designated Senior Indebtedness” in respect of a Person means (i) all the obligations of such Person
under any Credit Facilities (including the Credit Agreement) and (ii) any other Senior Indebtedness of such Person which, at the date of determination, has an aggregate principal amount outstanding of, or under which, at the date of
determination, the holders thereof are committed to lend up to, at least $20.0 million and is specifically designated by such Person in the instrument evidencing or governing such Senior Indebtedness as “Designated Senior
Indebtedness” for purposes of this Indenture. 
 “Disqualified Stock” means, with respect to any
Person, any Capital Stock that by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable) or upon the happening of any event, (i) matures or is mandatorily redeemable pursuant to a sinking fund
obligation or otherwise, (ii) is convertible or exchangeable for Indebtedness or Disqualified Stock or (iii) is redeemable, in whole or in part, at the option of the holder thereof, in each case described in the immediately preceding
clauses (i), (ii) or (iii), on or prior to the Stated Maturity of the Securities; provided, however, that any Capital Stock that would not constitute Disqualified Stock but for provisions thereof giving holders thereof the right
to require such Person to purchase or redeem such Capital Stock upon the occurrence of an 

  
 8 

 
“asset sale” or “change of control” occurring prior to the Stated Maturity of the Securities shall not constitute Disqualified Stock if (x) the “asset sale” or
“change of control” provisions applicable to such Capital Stock are not more favorable to the holders of such Capital Stock than the provisions of Sections 4.07 and 4.09 and (y) any such requirement only becomes operative after
compliance with such corresponding terms applicable to the Securities, including the purchase of any Securities tendered pursuant thereto. The amount of any Disqualified Stock that does not have a fixed redemption, repayment or repurchase price
shall be calculated in accordance with the terms of such Disqualified Stock as if such Disqualified Stock were redeemed, repaid or repurchased on any date on which the amount of such Disqualified Stock is to be determined pursuant to this Indenture;
provided, however, that if such Disqualified Stock could not be required to be redeemed, repaid or repurchased at the time of such determination, the redemption, repayment or repurchase price shall be the book value of such
Disqualified Stock as reflected in the most recent financial statements of such Person. 
 “Dollar-Denominated
Production Payments” means production payment obligations recorded as liabilities in accordance with GAAP, together with all undertakings and obligations in connection therewith. 

“DTC” means The Depository Trust Company, its nominees and their respective successors and assigns, or such other
depository institution hereinafter appointed by the Company. 
 “EBITDA” for any period means the sum of
Consolidated Net Income, plus Consolidated Interest Expense plus the following to the extent deducted in calculating such Consolidated Net Income: (a) provision for taxes based on income or profits, (b) depletion and
depreciation expense, (c) amortization expense, (d) exploration expense (if applicable to the Company after the Issue Date), (e) unrealized foreign exchange losses and (f) all other
non-cash charges, including non-cash charges taken pursuant to the “Derivatives and Hedging” topic of the FASC (excluding any such non-cash charge to the extent that it represents an accrual of or reserve for cash charges in any future period or amortization of a prepaid cash expense that was paid in a prior period except such amounts as the
Company determines in good faith are nonrecurring), and less, to the extent included in calculating such Consolidated Net Income and in excess of any costs or expenses attributable thereto and deducted in calculating such Consolidated Net
Income, the sum of (w) the amount of deferred revenues that are amortized during such period and are attributable to reserves that are subject to Volumetric Production Payments, (x) amounts recorded in accordance with GAAP as repayments of
principal and interest pursuant to Dollar-Denominated Production Payments, (y) unrealized foreign exchange gains and (z) all other non-cash unrealized gains, including
non-cash unrealized gains taken pursuant to the “Derivatives and Hedging” topic of the FASC. Notwithstanding the foregoing, the provision for taxes based on the income or profits of, and the
depletion, depreciation, amortization and exploration and other non-cash charges of, a Restricted Subsidiary shall be added to Consolidated Net Income to compute EBITDA only to the extent (and in the same
proportion) that the net income of such Restricted Subsidiary was included in calculating Consolidated Net Income and only if a corresponding amount would be permitted at the date of determination to be dividended to the Company by such Restricted
Subsidiary without prior approval (that has not been obtained), pursuant to the terms of its charter and all agreements, instruments, judgments, decrees, orders, statutes, rules and governmental regulations applicable to such Restricted Subsidiary
or its stockholders. 

  
 9 

 “Exchange Act” means the Securities Exchange Act of 1934, as amended.

 “Existing Senior Subordinated Notes” means the Company’s 7 1/2% Senior Subordinated Notes due 2015 issued under an indenture dated as of December 7, 2005, the Company’s 6.25% Senior Subordinated Notes due 2014 issued under an indenture dated as of
April 2, 2004, the Company’s 6.0% Senior Subordinated Notes due 2015 issued under an indenture dated as of July 13, 2005, the Company’s 7.25% Senior Subordinated Notes due 2017 issued under an indenture dated as of
November 23, 2005, the Company’s
6 3/8% Senior Subordinated Notes due 2021 issued under an indenture dated as of February 17, 2011, and the Company’s
4 5/8% Senior Subordinated Notes due 2023 issued under an indenture dated as of February 5, 2013. 
 “FASC” means Financial Accounting Standards Codification issued by the Financial Accounting Standards Board. 
 “Fitch” means Fitch Ratings Ltd. and any successor to its rating business. 
 “GAAP” means generally accepted accounting principles in the United States of America as in effect on the Issue Date, including those set forth in (i) the opinions and pronouncements
of the Accounting Principles Board of the American Institute of Certified Public Accountants, (ii) statements and pronouncements of the Financial Accounting Standards Board, (iii) such other statements by such other entity as approved by a
significant segment of the accounting profession, and (iv) the rules and regulations of the SEC governing the inclusion of financial statements (including pro forma financial statements) in periodic reports required to be filed pursuant to
Section 13 of the Exchange Act, including opinions and pronouncements in staff accounting bulletins and similar written statements from the accounting staff of the SEC. 
 “Guarantee” means, without duplication, any obligation, contingent or otherwise, of any Person directly or indirectly guaranteeing any Indebtedness of any Person and any obligation,
direct or indirect, contingent or otherwise, of such Person (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness of such Person (whether arising by virtue of partnership arrangements, or by
agreements to keep-well, to purchase assets, goods, securities or services, to take-or-pay or to maintain financial statement conditions or otherwise) or
(ii) entered into for the purpose of assuring in any other manner the obligee of such Indebtedness of the payment thereof or to protect such obligee against loss in respect thereof (in whole or in part); provided, however, that
the term “Guarantee” shall not include endorsements for collection or deposit in the ordinary course of business. The term “Guarantee” used as a verb has a corresponding meaning. 

  
 10 

 “Guarantee Agreement” means a supplemental indenture, substantially in the
form attached hereto as Exhibit 1, pursuant to which a Subsidiary Guarantor or any other Person becomes subject to the applicable terms and conditions of this Indenture. 
 “Hedging Obligations” of any Person means the obligations of such Person pursuant to any Oil and Gas Hedging Contract, Interest Rate Agreement or Currency Agreement. 

“Holder” or “Securityholder” means the Person in whose name a Security is registered on the
Registrar’s books. 
 “Incur” means issue, assume, Guarantee, incur or otherwise become liable for;
provided, however, that any Indebtedness or Capital Stock of a Person existing at the time such Person becomes a Subsidiary (whether by merger, consolidation, acquisition or otherwise) shall be deemed to be Incurred by such Subsidiary
at the time it becomes a Subsidiary. The term “Incurrence” when used as a noun shall have a correlative meaning. The accretion of principal of a non-interest bearing or other discount security
shall not be deemed the Incurrence of Indebtedness. 
 “Indebtedness” means, with respect to any Person on any
date of determination (without duplication), (i) the principal of and premium (if any) in respect of (A) indebtedness of such Person for money borrowed and (B) indebtedness evidenced by notes, debentures, bonds or other similar
instruments for the payment of which such Person is responsible or liable; (ii) all Capital Lease Obligations of such Person and all Attributable Debt in respect of Sale/Leaseback Transactions entered into by such Person; (iii) all
obligations of such Person issued or assumed as the deferred purchase price of property (which purchase price is due more than six months after the date of taking delivery of title to such property), including all obligations of such Person for the
deferred purchase price of property under any title retention agreement (but excluding trade accounts payable arising in the ordinary course of business); (iv) all obligations of such Person for the reimbursement of any obligor on any letter of
credit, banker’s acceptance or similar credit transaction (other than obligations with respect to letters of credit securing obligations (other than obligations described in (i) through (iii) above) entered into in the ordinary course
of business of such Person to the extent such letters of credit are not drawn upon or, if and to the extent drawn upon, such drawing is reimbursed no later than the tenth Business Day following receipt by such Person of a demand for reimbursement
following payment on the letter of credit); (v) the amount of all obligations of such Person with respect to the redemption, repayment or other repurchase of any Disqualified Stock (but excluding any accrued dividends) or, with respect to any
Subsidiary of such Person that is not a Subsidiary Guarantor, the amount of all obligations of such person with respect to any Preferred Stock of such Subsidiary; (vi) all obligations of the type referred to in clauses (i) through
(v) of other Persons and all dividends of other Persons for the payment of which, in either case, such Person is responsible or liable, directly or indirectly, as obligor, guarantor or otherwise, including by means of any Guarantee; and
(vii) all obligations of the type referred to in clauses (i) through (vi) of other Persons secured by any Lien on any property or asset of such first-mentioned Person (whether or not such obligation is assumed by such first-mentioned
Person), the amount of such obligation being deemed to be the lesser of the value of such property or assets or the amount of the obligation so secured. The amount of Indebtedness of any Person at any date shall be the outstanding balance at such
date of all unconditional obligations as described above and the maximum liability, assuming the contingency giving rise to the obligation was to have occurred on such date, of any Guarantees outstanding at such date. 

  
 11 

 None of the following shall constitute Indebtedness: (i) indebtedness arising from
agreements providing for indemnification or adjustment of purchase price or from guarantees securing any obligations of the Company or any of its Subsidiaries pursuant to such agreements, incurred or assumed in connection with the disposition of any
business, assets or Subsidiary of the Company, other than guarantees or similar credit support by the Company or any of its Subsidiaries of Indebtedness incurred by any Person acquiring all or any portion of such business, assets or Subsidiary for
the purpose of financing such acquisition; (ii) any trade payables or other similar liabilities to trade creditors and other accrued current liabilities incurred in the ordinary course of business as the deferred purchase price of property;
(iii) any liability for Federal, state, local or other taxes owed or owing by such Person; (iv) amounts due in the ordinary course of business to other royalty and working interest owners; (v) obligations arising from guarantees to
suppliers, lessors, licensees, contractors, franchisees or customers incurred in the ordinary course of business; (vi) obligations (other than express Guarantees of indebtedness for borrowed money) in respect of Indebtedness of other Persons
arising in connection with (A) the sale or discount of accounts receivable, (B) trade acceptances and (C) endorsements of instruments for deposit in the ordinary course of business; (vii) obligations in respect of performance
bonds provided by the Company or its Subsidiaries in the ordinary course of business and refinancing thereof; (viii) obligations 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, however, that such obligation is extinguished within two Business Days of its Incurrence; (ix) obligations in respect of any obligations under workers’
compensation laws and similar legislation; (x) any obligation in respect of any Oil and Gas Hedging Contract; (xi) any unrealized losses or charges in respect of Hedging Obligations (including those resulting from the application of the
“Derivatives and Hedging” topic of the FASC); and (xii) any obligations relating to any Production Payments. 

“Indenture” means this Indenture as amended or supplemented from time to time, including the provisions of the TIA that
are deemed to be a part of and govern this Indenture and any supplemental indenture, respectively. 
 “Interest Rate
Agreement” means any interest rate swap agreement, interest rate cap agreement or other financial agreement or arrangement designed to protect the Company or any Restricted Subsidiary against fluctuations in interest rates. 

“Investment” in any Person means any direct or indirect advance, loan (other than advances to customers or joint
interest partners or drilling partnerships sponsored by the Company or any Restricted Subsidiary in the ordinary course of business that are recorded as accounts receivable on the balance sheet of the lender) or other extensions of credit (including
by way of Guarantee or similar arrangement) or capital contribution to (by means of any transfer of cash or other property to others or any payment for property or services for the account or use of others), or any purchase or acquisition of Capital
Stock, Indebtedness or other similar instruments issued by such Person. Except as otherwise provided for herein, the amount of an Investment shall be its fair value at the time the Investment is made and without giving effect to

  
 12 

 
subsequent changes in value. For purposes of the definition of “Unrestricted Subsidiary”, the definition of “Restricted Payment” and Section 4.05,
(i) “Investment” shall include the portion (proportionate to the Company’s equity interest in such Subsidiary) of the fair market value of the net assets of any Subsidiary of the Company at the time that such Subsidiary is
designated an Unrestricted Subsidiary; provided, however, that upon a redesignation of such Subsidiary as a Restricted Subsidiary, the Company shall be deemed to continue to have a permanent “Investment” in an Unrestricted
Subsidiary equal to an amount (if positive) equal to (x) the Company’s “Investment” in such Subsidiary at the time of such redesignation less (y) the portion (proportionate to the Company’s equity interest in such
Subsidiary) of the fair market value of the net assets of such Subsidiary at the time of such redesignation; and (ii) any property transferred to or from an Unrestricted Subsidiary shall be valued at its fair market value at the time of such
transfer, in each case as determined in good faith by the Board of Directors. 
 “Investment Grade Rating”
means for Moody’s, a rating equal to or higher than Baa3 (or equivalent), for S&P, a rating equal to or higher than BBB- (or equivalent) and for any other Rating Agency the equivalent to the
foregoing. 
 “Issue Date” means [•], 2014. 

“Leverage Ratio” means, with respect to any Person as of any date of determination, the ratio of (x) the total
consolidated Indebtedness of such Person and its Restricted Subsidiaries as of the end of the most recent fiscal quarter for ending at least 45 days prior to the date of determination, which would be reflected as a liability on a consolidated
balance sheet of such Person and its Restricted Subsidiaries prepared as of such date in accordance with GAAP, to (y) the EBITDA of such Person for the then most recent four fiscal quarters ending at least 45 days prior to the date of
determination, in each case with such pro forma adjustments to the amount of consolidated Indebtedness and EBITDA as are appropriate and consistent with the pro forma adjustment provisions set forth in the definition of Consolidated Coverage Ratio.

 “Lien” means any mortgage, pledge, security interest, encumbrance, lien or charge of any kind (including any
conditional sale or other title retention agreement or lease in the nature thereof). 
 “Material Change” means
an increase or decrease (excluding changes that result solely from changes in prices and changes resulting from the Incurrence of previously estimated future development costs) of more than 25% during a fiscal quarter in the discounted future net
revenues from proved crude oil and natural gas reserves of the Company and its Restricted Subsidiaries, calculated in accordance with clause (a)(i) of the definition of Adjusted Consolidated Net Tangible Assets; provided, however, that
the following shall be excluded from the calculation of Material Change: (i) any acquisitions during the fiscal quarter of oil and gas reserves that have been estimated by independent petroleum engineers and with respect to which a report or
reports of such engineers exist and (ii) any disposition of properties existing at the beginning of such fiscal quarter that have been disposed of in compliance with Section 4.07. 

“Moody’s” means Moody’s Investors Service, Inc. and its successors. 

  
 13 

 “Net Available Cash” from an Asset Disposition means cash payments received
therefrom (including 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 any other consideration received in the form of
assumption by the acquiring Person of Indebtedness or other obligations relating to such properties or assets or received in any other noncash form) in each case net of (i) all legal, title and recording tax expenses, commissions and other fees
(including financial and other advisory fees) and expenses incurred, and all Federal, state, provincial, foreign and local taxes required to be accrued as a liability under GAAP, as a consequence of such Asset Disposition, (ii) all payments
made on any Indebtedness which is secured by any assets subject to such Asset Disposition, in accordance with the terms of any Lien upon or other security agreement of any kind with respect to such assets, or which must by its terms, or in order to
obtain a necessary consent to such Asset Disposition, or by applicable law, be repaid out of the proceeds from such Asset Disposition, (iii) all distributions and other payments required to be made to noncontrolling interest holders in
Subsidiaries or joint ventures as a result of such Asset Disposition and (iv) the deduction of appropriate amounts provided by the seller as a reserve, in accordance with GAAP, against any liabilities associated with the property or other
assets disposed in such Asset Disposition and retained by the Company or any Restricted Subsidiary after such Asset Disposition. 
 “Net Cash Proceeds” means, with respect to any issuance or sale of Capital Stock, the cash proceeds of such issuance or sale net of attorneys’ fees, accountants’ fees,
underwriters’ or placement agents’ fees, discounts or commissions and brokerage, consultant and other fees actually incurred in connection with such issuance or sale and net of taxes paid or payable as a result thereof. 

“Net Present Value” means, with respect to any proved hydrocarbon reserves, the discounted future net cash flows
associated with such reserves, determined in accordance with the rules and regulations (including interpretations thereof) of the SEC in effect on the Issue Date. 
 “Net Working Capital” means (a) all current assets of the Company and its Restricted Subsidiaries minus (b) all current liabilities of the Company and its Restricted
Subsidiaries, except current liabilities included in Indebtedness, in each case as determined in accordance with GAAP. 

“Non-recourse Purchase Money Indebtedness” means Indebtedness (other than Capital Lease Obligations) of the Company or
any Subsidiary Guarantor incurred in connection with the acquisition by the Company or such Subsidiary Guarantor in the ordinary course of business of fixed assets used in the Oil and Gas Business (including office buildings and other real property
used by the Company or such Subsidiary Guarantor in conducting its operations) with respect to which (i) the holders of such Indebtedness agree that they shall look solely to the fixed assets so acquired which secure such Indebtedness, and
neither the Company nor any Restricted Subsidiary (a) is directly or indirectly liable for such Indebtedness or (b) provides credit support, including any undertaking, Guarantee, agreement or instrument that would constitute Indebtedness
(other than the grant of a Lien on such acquired fixed assets), and (ii) no default or event of default with respect to such Indebtedness would cause, or permit (after notice or passage of time or otherwise), any holder of any other
Indebtedness of the Company or a 

  
 14 

 
Subsidiary Guarantor to declare a default or event of default on such other Indebtedness or cause the payment, repurchase, redemption, defeasance or other acquisition or retirement for value
thereof to be accelerated or payable prior to any scheduled principal payment, scheduled sinking fund payment or maturity. 

“Obligations” means with respect to any Indebtedness all obligations for principal, premium, interest, penalties, fees,
indemnifications, reimbursements, and other amounts payable pursuant to the documentation governing such Indebtedness. 

“Officer” means the Chairman of the Board, the Chief Executive Officer, the President, any Vice Chairman of the Board,
Vice President, the Chief Financial Officer, the Treasurer, any Assistant Treasurer, the Controller, the Secretary or any Assistant Secretary of a Person. 
 “Officers’ Certificate” means a certificate signed by two Officers. 
 “Oil and Gas Business” means the business of the exploration for, and exploitation, development, acquisition, production, processing (but not refining), marketing, storage and
transportation of, hydrocarbons, and other related energy and natural resource businesses (including oil and gas services businesses related to the foregoing). 
 “Oil and Gas Hedging Contract” means any oil and gas purchase or hedging agreement, and other agreement or arrangement, in each case, that is designed to provide protection against oil
and gas price fluctuations. 
 “Oil and Gas Liens” means (i) Liens on any specific property or any
interest therein, construction thereon or improvement thereto to secure all or any part of the costs incurred for surveying, exploration, drilling, extraction, development, operation, production, construction, alteration, repair or improvement of,
in, under or on such property and the plugging and abandonment of wells located thereon (it being understood that, in the case of oil and gas producing properties, or any interest therein, costs incurred for “development” shall include
costs incurred for all facilities relating to such properties or to projects, ventures or other arrangements of which such properties form a part or which relate to such properties or interests); (ii) Liens on an oil or gas producing property
to secure obligations Incurred or guarantees of obligations Incurred in connection with or necessarily incidental to commitments for the purchase or sale of, or the transportation or distribution of, the products derived from such property;
(iii) Liens arising under partnership agreements, oil and gas leases, overriding royalty agreements, net profits agreements, production payment agreements, royalty trust agreements, incentive compensation programs on terms that are reasonably
customary in the Oil and Gas Business for geologists, geophysicists and other providers of technical services to the Company or a Restricted Subsidiary, master limited partnership agreements, farm-out
agreements, farm-in agreements, division orders, contracts for the sale, purchase, exchange, transportation, gathering or processing of oil, gas or other hydrocarbons, unitizations and pooling designations,
declarations, orders and agreements, development agreements, operating agreements, production sales contracts, area of mutual interest agreements, gas balancing or deferred production agreements, injection, repressuring and recycling agreements,
salt water or other disposal agreements, seismic or geophysical permits or agreements, and other agreements which are 

  
 15 

 
customary in the Oil and Gas Business; provided, however, that in all instances such Liens are limited to the assets that are the subject of the relevant agreement, program, order
or contract; (iv) Liens arising in connection with Production Payments; and (v) Liens on pipelines or pipeline facilities that arise by operation of law. 
 “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 Company or the Trustee. 

“Permitted Business Investment” means any investment made in the ordinary course of, and of a nature that is or shall
have become customary in, the Oil and Gas Business, including investments or expenditures for actively exploiting, exploring for, acquiring, developing, producing, processing, gathering, marketing or transporting oil and gas through agreements,
transactions, interests or arrangements which permit one to share risks or costs, comply with regulatory requirements regarding local ownership or satisfy other objectives customarily achieved through the conduct of Oil and Gas Business jointly with
third parties, including (i) ownership interests in oil and gas properties, processing facilities, gathering systems, pipelines or ancillary real property interests and (ii) Investments in the form of or pursuant to operating agreements,
processing agreements, farm-in agreements, farm-out agreements, development agreements, area of mutual interest agreements, unitization agreements, pooling agreements,
joint bidding agreements, service contracts, joint venture agreements, partnership agreements (whether general or limited), subscription agreements, stock purchase agreements and other similar agreements (including for limited liability companies),
excluding, however, Investments in corporations other than Restricted Subsidiaries. 
 “Permitted Investment”
means an Investment by the Company or any Restricted Subsidiary in (i) a Restricted Subsidiary or a Person that shall, upon the making of such Investment, become a Restricted Subsidiary; provided, however, that the primary
business of such Restricted Subsidiary is an Oil and Gas Business; (ii) another Person if as a result of such Investment such other Person is merged or consolidated with or into, or transfers or conveys all or substantially all its assets to,
the Company or a Restricted Subsidiary; provided, however, that such Person’s primary business is an Oil and Gas Business; (iii) Temporary Cash Investments; (iv) receivables owing to the Company or any Restricted
Subsidiary if created or acquired in the ordinary course of business and payable or dischargeable in accordance with customary trade terms; provided, however, that such trade terms may include such concessionary trade terms as the
Company or any such Restricted Subsidiary deems reasonable under the circumstances; (v) payroll, travel and similar advances to cover matters that are expected at the time of such advances ultimately to be treated as expenses for accounting
purposes and that are made in the ordinary course of business; (vi) loans or advances to employees made in the ordinary course of business; (vii) stock, obligations or securities received in settlement of debts created in the ordinary
course of business and owing to the Company or any Restricted Subsidiary or in satisfaction of judgments; (viii) any Person to the extent such Investment represents the non-cash portion of the
consideration received for an Asset Disposition as permitted pursuant to Section 4.07; (ix) Permitted Business Investments; (x) Investments intended to promote the Company’s strategic objectives in the Oil and Gas Business in an
aggregate amount not to exceed 5.0% of ACNTA (determined as of the date of the making of any such Investment) at any one time 

  
 16 

 
outstanding (which Investments shall be deemed to be no longer outstanding only upon and to the extent of the return of capital thereof); and (xi) Investments made pursuant to Hedging
Obligations of the Company and the Restricted Subsidiaries. 
 “Permitted Liens” means, with respect to any
Person, (a) Liens existing as of the Issue Date; (b) Liens securing the Securities, any Subsidiary Guarantee and other obligations arising under this Indenture; (c) any Lien existing on any property of a Person at the time such Person
is merged or consolidated with or into the Company or a Restricted Subsidiary or becomes a Restricted Subsidiary (and not incurred in anticipation of or in connection with such transaction), provided that such Liens are not extended to other
property of the Company or the Restricted Subsidiaries; (d) any Lien existing on any property at the time of the acquisition thereof (and not incurred in anticipation of or in connection with such transaction), provided that such Liens
are not extended to other property of the Company or the Restricted Subsidiaries; (e) any Lien incurred in the ordinary course of business incidental to the conduct of the business of the Company or the Restricted Subsidiaries or the ownership
of their property (including (i) easements, rights of way and similar encumbrances, (ii) rights or title of lessors under leases (other than Capital Lease Obligations), (iii) rights of collecting banks having rights of setoff,
revocation, refund or chargeback with respect to money or instruments of the Company or the Restricted Subsidiaries on deposit with or in the possession of such banks, (iv) Liens imposed by law, including Liens under workers’ compensation
or similar legislation and mechanics’, carriers’, warehousemen’s, materialmen’s, suppliers’ and vendors’ Liens, (v) Liens incurred to secure performance of obligations with respect to statutory or regulatory
requirements, performance or return-of-money bonds, surety bonds or other obligations of a like nature and incurred in a manner consistent with industry practice and
(vi) Oil and Gas Liens, in each case which are not incurred in connection with the borrowing of money, the obtaining of advances or credit or the payment of the deferred purchase price of property (other than trade accounts payable arising in
the ordinary course of business)); (f) Liens for taxes, assessments and governmental charges not yet due or the validity of which are being contested in good faith by appropriate proceedings, promptly instituted and diligently conducted, and
for which adequate reserves have been established to the extent required by GAAP as in effect at such time; (g) Liens incurred to secure appeal bonds and judgment and attachment Liens, in each case in connection with litigation or legal
proceedings that are being contested in good faith by appropriate proceedings, so long as reserves have been established to the extent required by GAAP as in effect at such time and so long as such Liens do not encumber assets by an aggregate amount
(together with the amount of any unstayed judgments against the Company or any Restricted Subsidiary but excluding any such Liens to the extent securing insured or indemnified judgments or orders) in excess of $10.0 million; (h) Liens securing
Hedging Obligations of the Company and its Restricted Subsidiaries; (i) Liens securing purchase money Indebtedness or Capital Lease Obligations, provided that such Liens attach only to the property acquired with the proceeds of such
purchase money Indebtedness or the property which is the subject of such Capital Lease Obligations; (j) Liens securing Non-recourse Purchase Money Indebtedness granted in connection with the acquisition
by the Company or any Restricted Subsidiary in the ordinary course of business of fixed assets used in the Oil and Gas Business (including the office buildings and other real property used by the Company or such Restricted Subsidiary in conducting
its operations), provided that (i) such Liens attach only to the fixed assets acquired with the proceeds of such Non-recourse Purchase Money Indebtedness and (ii) such Non-recourse Purchase Money Indebtedness is not in excess of the purchase price of such 

  
 17 

 
fixed assets; (k) Liens resulting from the deposit of funds or evidences of Indebtedness in trust for the purpose of decreasing or legally defeasing Indebtedness of the Company or any
Restricted Subsidiary so long as such deposit of funds is permitted under Section 4.05; (l) Liens resulting from a pledge of Capital Stock of a Person that is not a Restricted Subsidiary to secure obligations of such Person and any
refinancing thereof; (m) Liens to secure any permitted extension, renewal, refinancing, refunding or exchange (or successive extensions, renewals, refinancing, refunding or exchanges), in whole or in part, of or for any Indebtedness secured by
Liens referred to in clauses (a), (b), (c), (d), (i) and (j) above; provided, however, that (i) such new Lien shall be limited to all or part of the same property (including future improvements thereon and accessions
thereto) subject to the original Lien and (ii) 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, if greater, the committed amount of the
Indebtedness secured by such original Lien immediately prior to such extension, renewal, refinancing, refunding or exchange and (B) an amount necessary to pay any fees and expenses, including premiums, related to such refinancing, refunding,
extension, renewal or replacement; and (n) Liens in favor of the Company or a Restricted Subsidiary. Notwithstanding anything in this definition to the contrary, the term “Permitted Liens” shall not include Liens resulting from the
creation, Incurrence, issuance, assumption or Guarantee of any Production Payments other than (i) any such Liens existing as of the Issue Date, (ii) Production Payments in connection with the acquisition of any property after the Issue
Date; provided that any such Lien created in connection therewith is created, incurred, issued, assumed or Guaranteed in connection with the financing of, and within 60 days after the acquisition of, such property and (iii) Production
Payments other than those described in clauses (i) and (ii) of this sentence, to the extent such Production Payments constitute Asset Dispositions made pursuant to and in compliance with Section 4.07 and (iv) incentive
compensation programs for geologists, geophysicists and other providers of technical services to the Company and any Restricted Subsidiary; provided, however, that, in the case of the immediately foregoing clauses (i), (ii),
(iii) and (iv), any Lien created in connection with any such Production Payments shall be limited to the property that is the subject of such Production Payments. 
 “Permitted Marketing Obligations” means Indebtedness of the Company or any Restricted Subsidiary under letter of credit or borrowed money obligations, or in lieu of or in addition to such
letters of credit or borrowed money, guarantees of such Indebtedness or other obligations of the Company or any Restricted Subsidiary by any other Restricted Subsidiary, as applicable, related to the purchase by the Company or any Restricted
Subsidiary of hydrocarbons for which the Company or such Restricted Subsidiary has contracts to sell; provided, however, that in the event that such Indebtedness or obligations are guaranteed by the Company or any Restricted
Subsidiary, then either (i) the Person with which the Company or such Restricted Subsidiary has contracts to sell has an investment grade credit rating from S&P or Moody’s, or in lieu thereof, a Person guaranteeing the payment of such
obligated Person has an investment grade credit rating from S&P or Moody’s, or (ii) such Person posts, or has posted for it, a letter of credit in favor of the Company or such Restricted Subsidiary with respect to all such
Person’s obligations to the Company or such Restricted Subsidiary under such contracts. 
 “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. 

  
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 “Preferred Stock”, as applied to the Capital Stock of any Person, means
Capital Stock of any class or classes (however designated) which is preferred as to the payment of dividends or distributions, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such Person, over
shares of Capital Stock of any other class of such Person. 
 The term “principal” of a Security means the
principal of the Security plus the premium, if any, payable on the Security which is due or overdue or is to become due at the relevant time. 
 “Production Payments” means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments. 

“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 Company’s control, Fitch, unless at such time Fitch ceases to rate the Notes for reasons outside of the Company’s control, in which case another “nationally recognized statistical rating
organization” within the meaning of Section 3(a)(62) of the Exchange Act selected by the Company as a replacement agency for Moody’s, S&P or Fitch, as the case may be. 

“Refinance” means, in respect of any Indebtedness, to refinance, extend, renew, refund, repay, prepay, redeem, defease
or retire, or to issue other Indebtedness in exchange or replacement for, such Indebtedness. “Refinanced” and “Refinancing” shall have correlative meanings. 

“Refinancing Indebtedness” means Indebtedness that Refinances any Indebtedness of the Company or any Restricted
Subsidiary existing on the Issue Date or Incurred in compliance with the Indenture including Indebtedness that Refinances Refinancing Indebtedness; provided, however, that (i) such Refinancing Indebtedness has a Stated Maturity no
earlier than the Stated Maturity of the Indebtedness being Refinanced, (ii) such Refinancing Indebtedness has an Average Life at the time such Refinancing Indebtedness is Incurred that is equal to or greater than the Average Life of the
Indebtedness being Refinanced, (iii) such Refinancing Indebtedness has an aggregate principal amount (or if Incurred with original issue discount, an aggregate issue price) that is equal to or less than the aggregate principal amount (or if
Incurred with original issue discount, the aggregate accreted value) then outstanding or committed (plus fees and expenses, including any premium and defeasance costs) under the Indebtedness being Refinanced and (iv) if the Indebtedness being
Refinanced is Non-recourse Purchase Money Indebtedness, such Refinancing Indebtedness satisfies clauses (i) and (ii) of the definition of “Non-recourse Purchase Money Indebtedness;”
provided, further, however, that Refinancing Indebtedness shall not include (x) Indebtedness of a Subsidiary that Refinances Indebtedness of the Company or (y) Indebtedness of the Company or a Restricted Subsidiary
that Refinances Indebtedness of an Unrestricted Subsidiary. 
 “Representative” means any trustee, agent or
representative (if any) for an issue of Senior Indebtedness of the Company or of a Subsidiary Guarantor. 

  
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 “Restricted Payment” with respect to any Person means (i) the
declaration or payment of any dividends or any other distributions of any sort in respect of its Capital Stock (including any payment in connection with any merger or consolidation involving such Person) or similar payment to the direct or indirect
holders of its Capital Stock (other than (x) dividends or distributions payable solely in its Capital Stock (other than Disqualified Stock), (y) dividends or distributions payable solely to the Company or a Restricted Subsidiary, and
(z) pro rata dividends or other distributions made by a Subsidiary that is not a Wholly Owned Subsidiary to minority stockholders (or owners of an equivalent interest in the case of a Subsidiary that is an entity other than a corporation)),
(ii) the purchase, redemption or other acquisition or retirement for value of any Capital Stock of the Company held by any Person or of any Capital Stock of a Restricted Subsidiary held by any Affiliate of the Company (other than a Restricted
Subsidiary), including the exercise of any option to exchange any Capital Stock (other than into Capital Stock of the Company that is not Disqualified Stock), (iii) the purchase, repurchase, redemption, defeasance or other acquisition or
retirement for value, prior to scheduled maturity, scheduled repayment or scheduled sinking fund payment of any Subordinated Obligations of such Person (other than the purchase, repurchase or other acquisition of Subordinated Obligations of such
Person purchased in anticipation of satisfying a sinking fund obligation, principal installment or final maturity, in each case due within one year of the date of acquisition) or (iv) the making of any Investment (other than a Permitted
Investment) in any Person. 
 “Restricted Subsidiary” means any Subsidiary of the Company that is not an
Unrestricted Subsidiary. 
 “S&P” means Standard & Poor’s Ratings Services, a division of The
McGraw-Hill Company, Inc., and its successors. 
 “Sale/Leaseback Transaction” means an arrangement relating to
property owned on the Issue Date or thereafter acquired whereby the Company or a Restricted Subsidiary transfers such property to a Person and the Company or a Restricted Subsidiary leases it from such Person; provided that the fair market
value of such property (as reasonably determined by the Board of Directors acting in good faith) is $10.0 million or more. 

“SEC” means the Securities and Exchange Commission. 

“Secured Indebtedness” means any Indebtedness of the Company secured by a Lien. 

“Senior Indebtedness” means with respect to any Person (i) Indebtedness of such Person, and all obligations of such
Person under any Credit Facility, whether outstanding on the Issue Date or thereafter Incurred and (ii) accrued and unpaid interest (including interest accruing on or after the filing of any petition in bankruptcy or for reorganization relating
such Person to the extent post-filing interest is allowed in such proceeding) in respect of (A) indebtedness of such Person for money borrowed and (B) indebtedness evidenced by notes, debentures, bonds or other similar instruments for the
payment of which such Person is responsible or liable unless, with respect to obligations described in the immediately preceding clause (i) or (ii), in the instrument creating or evidencing the same or pursuant to which the same is outstanding,
it is provided that such obligations are not superior in right of payment to the Securities or the 

  
 20 

 
applicable Subsidiary Guarantee; provided, however, that Senior Indebtedness shall not include (1) any obligation of such Person to any Subsidiary of such Person, (2) any
liability for Federal, state, local or other taxes owed or owing by such Person, (3) any accounts payable or other liability to trade creditors arising in the ordinary course of business (including guarantees thereof or instruments evidencing
such liabilities), (4) any Indebtedness of such Person (and any accrued and unpaid interest in respect thereof) which is subordinate or junior in any respect to any other Indebtedness or other obligation of such Person or (5) that portion
of any Indebtedness which at the time of Incurrence is Incurred in violation of this Indenture (other than, in the case of the Company or any Subsidiary Guarantor that Guarantees any Credit Facility, Indebtedness under any Credit Facility that is
Incurred on the basis of a representation by the Company or the applicable Subsidiary Guarantor to the applicable lenders that such Person is permitted to Incur such Indebtedness under this Indenture). 

“Senior Subordinated Indebtedness” means (i) with respect to the Company, the Securities, the Existing Senior
Subordinated Notes and any other Indebtedness of the Company that specifically provides that such Indebtedness is to rank pari passu with the Securities in right of payment and is not subordinated by its terms in right of payment to any
Indebtedness or other obligation of the Company which is not Senior Indebtedness of the Company, and (ii) with respect to each Subsidiary Guarantor, its Subsidiary Guarantee of the Securities and the Existing Senior Subordinated Notes and any
other Indebtedness of such Person that specifically provides that such Indebtedness rank pari passu with its applicable Subsidiary Guarantee in right of payment and is not subordinated by its terms in right of payment to any Indebtedness or
other obligation of such Person which is not Senior Indebtedness of such Person. 
 “Significant Subsidiary”
means any Restricted Subsidiary that would be a “Significant Subsidiary” of the Company within the meaning of Rule 1-02 under Regulation S-X promulgated by the
SEC. 
 “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 unless such contingency has occurred). 
 “Stock Offering” means a
primary offering, whether public or private, of shares of common stock of the Company. 
 “Subordinated
Obligation” means any Indebtedness of the Company or any Subsidiary Guarantor (whether outstanding on the Issue Date or thereafter Incurred) which is subordinate or junior in right of payment to, in the case of the Company, the Securities
or, in the case of a Subsidiary Guarantor, its Subsidiary Guarantee pursuant to a written agreement to that effect. 

“Subsidiary” means, in respect of any Person, any corporation, association, partnership or other business entity of
which more than 50% of the total voting power of shares of Capital Stock or other interests (including partnership interests) entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees
thereof is at the time owned or controlled, directly or indirectly, by (i) such Person, (ii) such Person and one or more Subsidiaries of such Person or (iii) one or more Subsidiaries of such Person. 

  
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 “Subsidiary Guarantor” means each Subsidiary designated as such on the
signature pages hereto and any other Subsidiary that has issued a Subsidiary Guarantee. 
 “Subsidiary
Guarantee” means a Guarantee by a Subsidiary Guarantor of the Company’s obligations with respect to the Securities. 
 “Temporary Cash Investments” means any of the following: (i) any investment in direct obligations of the United States of America or any agency thereof or obligations guaranteed by
the United States of America or any agency thereof, (ii) investments in time deposit accounts, certificates of deposit and money market deposits maturing within one year of the date of acquisition thereof issued by a bank or trust company which
is organized under the laws of the United States of America, any state thereof or any foreign country recognized by the United States of America, and which bank or trust company has capital, surplus and undivided profits aggregating in excess of
$200.0 million (or the foreign currency equivalent thereof) and has outstanding debt which is rated “A” (or such similar equivalent rating) or higher by at least one nationally recognized credit rating organization (as defined in Rule 436
under the Securities Act) or any money-market fund sponsored by a registered broker dealer or mutual fund distributor whose assets consist of obligations of the types described in clauses (i), (ii), (iii), (iv) and (v) hereof,
(iii) repurchase obligations with a term of not more than 30 days for underlying securities of the types described in clause (i) above entered into with a bank meeting the qualifications described in clause (ii) above,
(iv) investments in commercial paper, maturing not more than 180 days after the date of acquisition, issued by a Person (other than an Affiliate of the Company) 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-2” (or higher) according to Moody’s or “A-2” (or higher) according to S&P or “R-1” (or higher) by Dominion Bond Rating Service Limited or Canadian Bond Rating Service, Inc. (in the case of a
Canadian issuer), (v) investments in securities with maturities of six months or less from the date of acquisition issued or fully guaranteed by any state, commonwealth or territory of the United States of America, or by any political
subdivision or taxing authority thereof, and rated at least “A” by S&P or “A” by Moody’s and (vi) investments in asset-backed securities maturing within one year of the date of acquisition thereof with a long-term
rating at the time as of which any investment therein is made of “A3” (or higher) by Dominion Bond Rating Service Limited or Canadian Bond Rating Service, Inc. (in the case of a Canadian issuer). 

“TIA” means the Trust Indenture Act of 1939, as amended (15 U.S.C. §§ 77aaa-77bbbb), as in effect on
the date of this Indenture except as provided in Section 9.03; provided, however, that, in the event the Trust Indenture Act of 1939 is amended after such date, “TIA” means, to the extent required by any such
amendments, the Trust Indenture Act of 1939 as so amended. 
 “Trustee” means the party named as such in the
preamble to this Indenture until a successor replaces it and, thereafter, means the successor. 

  
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 “Trust Officer” means the Chairman of the Board, the President or any other
officer or assistant officer of the Trustee assigned by the Trustee to administer this Indenture. 
 “Uniform Commercial
Code” means the New York Uniform Commercial Code as in effect from time to time. 
 “Unrestricted
Subsidiary” means (i) any Subsidiary of the Company that at the time of determination shall be designated an Unrestricted Subsidiary by the Board of Directors in the manner provided below, and (ii) any Subsidiary of an
Unrestricted Subsidiary. The Board of Directors may designate any Subsidiary of the Company (including any newly acquired or newly formed Subsidiary) to be an Unrestricted Subsidiary unless such Subsidiary or any of its Subsidiaries owns any Capital
Stock or Indebtedness of, or holds any Lien on any property of, the Company or any other Subsidiary of the Company that is not a Subsidiary of the Subsidiary to be so designated; provided, however, that either (A) the Subsidiary
to be so designated has total assets of $1,000 or less or (B) if such Subsidiary has assets greater than $1,000, such designation would be permitted under Section 4.05. The Board of Directors may designate any Unrestricted Subsidiary to be
a Restricted Subsidiary; provided, however, that immediately after giving effect to such designation (x) the Company could Incur $1.00 of additional Indebtedness under Section 4.03(a) and (y) no Default shall have
occurred and be continuing. Any such designation by the Board of Directors shall be evidenced by the Company to the Trustee by promptly filing with the Trustee a copy of the board resolution giving effect to such designation and an Officers’
Certificate certifying that such designation complied with the foregoing provisions. 
 “U.S. Government
Obligations” means direct obligations (or certificates representing an ownership interest in such obligations) of the United States of America (including any agency or instrumentality thereof) for the payment of which the full faith and
credit of the United States of America is pledged and which are not callable at the issuer’s option. 
 “Volumetric
Production Payments” means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith. 

“Voting Stock” of a Person means all classes of Capital Stock or other interests (including partnership interests) of
such Person then outstanding and normally entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof. 
 “Wholly Owned Subsidiary” means a Restricted Subsidiary all the Capital Stock of which (other than directors’ qualifying shares and shares held by other Persons to the extent such
shares are required by applicable law to be held by a Person other than the Company or a Restricted Subsidiary) is owned by the Company or one or more Wholly Owned Subsidiaries. 

  
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 Section 1.02. Other Definitions. 

 

					
	 Term
	  	Defined in
Section	 
	 “Affiliate Transaction”
	  	 	4.08	(a) 
	 “Bankruptcy Law”
	  	 	6.01	  
	 “Blockage Notice”
	  	 	10.03	  
	 “Company Order”
	  	 	2.02	  
	 “covenant defeasance option”
	  	 	8.01	(b) 
	 “Covenant Suspension Event”
	  	 	4.14	(a) 
	 “Custodian”
	  	 	6.01	  
	 “Event of Default”
	  	 	6.01	  
	 “Excess Proceeds”
	  	 	4.07	(a) 
	 “Excess Proceeds Offer”
	  	 	4.07	(b)(i) 
	 “Excess Proceeds Payment”
	  	 	4.07	(b)(i) 
	 “Excess Proceeds Payment Date”
	  	 	4.07	(b)(ii) 
	 “Guaranteed Obligations”
	  	 	11.01	  
	 “legal defeasance option”
	  	 	8.01	(b) 
	 “Legal Holiday”
	  	 	13.08	  
	 “pay the Securities”
	  	 	10.03	  
	 “Paying Agent”
	  	 	2.03	  
	 “Payment Blockage Period”
	  	 	10.03	  
	 “Registrar”
	  	 	2.03	  
	 “Reversion Date”
	  	 	4.14	(b) 
	 “Subsidiary Guarantor Blockage Notice”
	  	 	12.03	  
	 “Subsidiary Guarantor Payment Blockage Period”
	  	 	12.03	  
	 “Successor Company”
	  	 	5.01	  
	 “Suspended Covenants”
	  	 	4.14	(a) 
	 “Suspension Period”
	  	 	4.14	(c) 
	 “Unrestricted Affiliate”
	  	 	4.08	(b) 

 Section 1.03. Incorporation by Reference of Trust Indenture Act. This Indenture is subject to
the mandatory provisions of the TIA which are incorporated by reference in and made a part of this Indenture. The following TIA terms have the following meanings: 
 “Commission” means the SEC. 
 “indenture
securities” means the Securities. 
 “indenture security holder” means a Securityholder. 

“indenture to be qualified” means this Indenture. 

“indenture trustee” or “institutional trustee” means the Trustee. 

  
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 “obligor” on the indenture securities means the Company and any other
obligor on the indenture securities. 
 All other TIA terms used in this Indenture that are defined by the TIA, defined by TIA
reference to another statute or defined by SEC rule have the meanings assigned to them by such definitions. 

Section 1.04. Rules of Construction. Unless the context otherwise requires: 

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

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

(3) “or” is not exclusive; 

(4) “including” means including without limitation; 

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

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

(8) 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. 
 ARTICLE 2 
 The Securities 

Section 2.01. Form and Dating. The Securities and the Trustee’s certificate of authentication shall be substantially in
the form of Exhibit A, which is hereby incorporated in and expressly made a part of this Indenture. The Securities may have notations, legends or endorsements required by law, stock exchange rule, agreements to which the Company is subject, if any,
or depository procedure or usage (provided that any such notation, legend or endorsement is in a form acceptable to the Company). Each Security shall be dated the date of its authentication. The terms of the Securities set forth in Exhibit A are
part of the terms of this Indenture. 
 Section 2.02. Execution and Authentication. Two Officers shall sign the
Securities for the Company by manual signature. 

  
 25 

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

On the Issue Date, upon receipt of a written order of the Company signed by two Officers of the Company (a “Company
Order”), the Trustee shall authenticate and deliver $[•] of [•]% Senior Subordinated Notes due 2022 and, at any time and from time to time thereafter, the Trustee shall, upon receipt of a Company Order, authenticate and deliver
Securities for original issue in an aggregate principal amount specified in such Company Order; provided that, in each case, the Trustee shall be entitled to receive an Officers’ Certificate and an Opinion of Counsel of the Company that
it may reasonably request in connection with such authentication of Securities. Such Company Order shall specify the amount of Securities to be authenticated and the date on which the original issue of Securities is to be authenticated and, in the
case of an issuance of Additional Securities pursuant to Section 2.13 after the Issue Date, shall certify that such issuance is in compliance with Section 4.03. 
 The Trustee may appoint an authenticating agent reasonably acceptable to the Company to authenticate the Securities. Unless limited by the terms of such appointment, an authenticating agent may
authenticate Securities 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 2.03. Registrar and Paying Agent. The Company shall maintain an office or
agency where Securities may be presented for registration of transfer or for exchange, which office shall maintain the names and addresses of Securityholders (the “Registrar”), and an office or agency where Securities may be
presented for payment (the “Paying Agent”). The Registrar shall keep a register of the Securities and of their transfer and exchange. The Company may have one or more co-registrars and one or
more additional paying agents. The term “Paying Agent” includes any additional paying agent. 
 The Company shall
enter into an appropriate agency agreement with any Registrar, Paying Agent or co-registrar not a party to this Indenture, which shall incorporate the terms of the TIA. The agreement shall implement the
provisions of this Indenture that relate to such agent. The Company shall notify the Trustee of the name and address of any such agent. If the Company fails to maintain a Registrar or Paying Agent, the Trustee shall act as such and shall be entitled
to appropriate compensation therefor pursuant to Section 7.07. The Company or any Wholly Owned Subsidiary incorporated or organized within the United States of America may act as Paying Agent, Registrar,
co-registrar or transfer agent. 
 The Company initially appoints the Trustee as
Registrar and Paying Agent in connection with the Securities. 

  
 26 

 Section 2.04. Paying Agent To Hold Money in Trust. Prior to 11:00 a.m., New York
City time, on each due date of the principal and interest on any Security, the Company shall deposit with the Paying Agent a sum sufficient to pay such principal and interest when so becoming due. The Company shall require each Paying Agent (other
than the Trustee) to agree in writing that the Paying Agent shall hold in trust for the benefit of Securityholders or the Trustee all money held by the Paying Agent for the payment of principal of or interest on the Securities and shall notify the
Trustee of any default by the Company in making any such payment. If the Company or a Wholly Owned Subsidiary acts as Paying Agent, it shall segregate the money held by it as Paying Agent and hold it as a separate trust fund. The Company 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 the Paying Agent. Upon complying with this Section, the Paying Agent shall have no further liability for the money delivered to the
Trustee. 
 Section 2.05. Securityholder 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 Securityholders. If the Trustee is not the Registrar, the Company shall 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 Securityholders. 

Section 2.06. Transfer and Exchange. The Securities shall be issued in registered form and shall be transferable only upon
the surrender of a Security for registration of transfer. When a Security is presented to the Registrar or a co-registrar with a request to register a transfer, the Registrar shall register the transfer as
requested if the requirements of this Indenture and Section 8-401(a) of the Uniform Commercial Code are met. 
 When Securities are presented to the Registrar or a co-registrar with a request to exchange them for an equal principal amount of Securities of other denominations,
the Registrar shall make the exchange as requested if the same requirements are met. 
 Section 2.07. Replacement
Securities. If a mutilated Security is surrendered to the Registrar or if the Holder of a Security claims that the Security has been lost, destroyed or wrongfully taken, the Company shall issue and the Trustee shall authenticate and deliver a
replacement Security if the requirements of Section 8-405 of the Uniform Commercial Code are met and the Holder satisfies any other reasonable requirements of the Trustee. If required by the Trustee or
the Company, such Holder shall furnish an indemnity bond sufficient in the judgment of the Company and the Trustee to protect the Company, the Trustee, the Paying Agent, the Registrar and any co-registrar from
any loss which any of them may suffer if a Security is replaced. The Company and the Trustee may charge the Holder for their expenses in replacing a Security. 
 Every replacement Security is an additional obligation of the Company. 

Section 2.08. Outstanding Securities. Securities outstanding at any time are all Securities 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. A Security does not cease to be outstanding because the Company or an Affiliate of the Company holds the Security.

  
 27 

 If a Security is replaced pursuant to Section 2.07, it ceases to be outstanding unless
the Trustee and the Company receive proof satisfactory to them that the replaced Security is held by a bona fide purchaser. 

If the 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 Securities (or portions thereof) to be redeemed or maturing, as the case may be, and the Paying Agent is not prohibited from paying such money to the
Securityholders on that date pursuant to the terms of this Indenture, then on and after that date such Securities (or portions thereof) cease to be outstanding and interest on them ceases to accrue. 

Section 2.09. Temporary Securities. Until definitive Securities are ready for delivery, the Company may prepare and the
Trustee shall authenticate and deliver temporary Securities. Temporary Securities shall be substantially in the form of definitive Securities but may have variations that the Company considers appropriate for temporary Securities. Without
unreasonable delay, the Company shall prepare and the Trustee shall authenticate definitive Securities and deliver them in exchange for temporary Securities. 
 Section 2.10. Cancellation. The Company at any time may deliver Securities to the Trustee for cancellation. The Registrar and the Paying Agent shall forward to the Trustee any Securities
surrendered to them for registration of transfer, exchange, payment or cancellation. The Trustee and no one else shall cancel and destroy (subject to the record retention requirements of the Exchange Act) all Securities surrendered for registration
of transfer, exchange, payment or cancellation and deliver a certificate of such destruction to the Company unless the Company directs the Trustee to deliver canceled Securities to the Company. The Company may not issue new Securities to replace
Securities it has redeemed, paid or delivered to the Trustee for cancellation. 
 Section 2.11. Defaulted Interest.
If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the
Persons who are Securityholders on a subsequent special record date as provided in the Securities and in Section 4.01 hereof. The Company 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 to each Securityholder 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. The Company in issuing the Securities may use “CUSIP” numbers (if then generally in
use) and, if so, the Trustee shall use “CUSIP”, numbers in notices of redemption as a convenience to Holders; provided, however, that any such notice may state that no representation made as to the correctness of such numbers either as
printed on the Securities or as contained in any notice of a redemption and that reliance may be placed only on the other identification numbers printed on the Securities, and any such redemption shall not be affected by any defect in or omission of
such numbers. 

  
 28 

 Section 2.13. Issuance of Additional Securities. The Company shall be entitled,
subject to its compliance with Section 4.03, to issue Additional Securities under this Indenture which shall have identical terms as the Securities issued on the Issue Date, other than with respect to the date of issuance and issue price;
provided that such Additional Securities are fungible with the Securities for U.S. federal income tax purposes or are issued under a separate CUSIP number. The Securities issued on the Issue Date and any Additional Securities shall be treated
as a single class for all purposes under this Indenture. 
 With respect to any Additional Securities, the Company shall set
forth in a resolution of the Board of Directors and an Officers’ Certificate, a copy of each which shall be delivered to the Trustee, the following information: 

(1) the aggregate principal amount of such Additional Securities to be authenticated and delivered pursuant to this
Indenture; and 
 (2) the issue price, the issue date and the CUSIP number of such Additional Securities;
provided, however, that no Additional Securities may be issued at a price that would cause such Additional Securities to have “original issue discount” within the meaning of Section 1273 of the Code. 

ARTICLE 3 

Redemption 
 Section 3.01. Notices to Trustee. If the Company elects to redeem Securities pursuant to paragraph 5 of the Securities, it shall notify the Trustee in writing of the redemption date, the
principal amount of Securities to be redeemed and the paragraph of the Securities pursuant to which the redemption shall occur. 

The Company shall give each notice to the Trustee provided for in this Section at least 45 days before the redemption date unless the
Trustee consents to a shorter period. Such notice shall be accompanied by an Officers’ Certificate and an Opinion of Counsel from the Company to the effect that such redemption shall comply with the conditions herein. 

Section 3.02. Selection of Securities To Be Redeemed. If fewer than all the Securities are to be redeemed, the Trustee shall
select the Securities to be redeemed pro rata or by lot or by a method that complies with applicable legal and securities exchange requirements, if any, and that the Trustee in its sole discretion considers fair and appropriate. The Trustee shall
make the selection from outstanding Securities not previously called for redemption. The Trustee may select for redemption portions of the principal of Securities that have denominations larger than $2,000. Securities and portions of them the
Trustee selects shall be in amounts of $2,000 or a whole multiple of $2,000 in excess thereof. Provisions of this Indenture that apply to Securities called for redemption also apply to portions of Securities called for redemption. The Trustee shall
notify the Company, the Registrar and each Paying Agent promptly of the Securities or portions of Securities to be redeemed. 

  
 29 

 Section 3.03. Notice of Redemption. At least 30 days but not more than 60 days
before a date for redemption of Securities, the Company shall mail a notice of redemption by first-class mail to each Holder of Securities to be redeemed. 
 The notice shall identify the Securities to be redeemed and shall state: 
 (1) the redemption date; 
 (2) the redemption price; 

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

(4) that Securities called for redemption must be surrendered to the Paying Agent to collect the redemption price;

 (5) if fewer than all the outstanding Securities are to be redeemed, the identification and principal amounts
of the particular Securities to be redeemed; 
 (6) that, unless the Company defaults in making such redemption
payment or the Paying Agent is prohibited from making such payment pursuant to the terms of this Indenture, interest on Securities (or portions thereof) called for redemption ceases to accrue on and after the redemption date; and 

(7) that no representation is made as to the correctness or accuracy of the CUSIP number, if any, listed in such notice or
printed on the Securities. 
 At the Company’s request, the Trustee shall give the notice of redemption in the
Company’s name and at the Company’s expense. In such event, the Company shall provide the Trustee with the information required by this Section. 
 Section 3.04. Effect of Notice of Redemption. Once notice of redemption is mailed, Securities called for redemption become due and payable on the redemption date and at the redemption price
stated in the notice, subject to any condition or contingency stated therein. Upon surrender to the Paying Agent, such Securities shall be paid at the redemption price stated in the notice, plus accrued and unpaid interest to the redemption 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 3.05. Deposit of Redemption Price. Prior to the redemption date, the Company shall deposit with the Paying Agent (or, if the Company or a Subsidiary 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 Securities to be redeemed on that date other than Securities or portions of Securities called for redemption which have been
delivered by the Company to the Trustee for cancellation. 
 Section 3.06. Securities Redeemed in Part. Upon
surrender of a Security that is redeemed in part, the Company shall execute and the Trustee shall authenticate and deliver to the Holder (at the Company’s expense) a new Security equal in principal amount to the unredeemed portion of the
Security surrendered. 

  
 30 

 ARTICLE 4 
 Covenants 
 Section 4.01. Payment of Securities. The Company
shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the
Paying Agent holds in accordance with this Indenture 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 Securityholders on that date
pursuant to the terms of this Indenture. 
 The Company shall pay interest on overdue principal at the rate specified therefor
in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful. 

Section 4.02. SEC Reports. Notwithstanding that the Company may not at any time be subject to the reporting requirements of
Section 13 or 15(d) of the Exchange Act, the Company shall file with the SEC and provide the Trustee and Securityholders with such annual reports and such information, documents and other reports as are specified in Sections 13 and 15(d) of the
Exchange Act and applicable to a U.S. corporation subject to such Sections, such information, documents and other reports to be so filed and provided at the times specified for the filing of such information, documents and reports under such
Sections. The Company also shall comply with the other provisions of TIA § 314(a). 
 Section 4.03. Limitation on
Indebtedness. (a) The Company shall not, and shall not permit any Restricted Subsidiary to, Incur, directly or indirectly, any Indebtedness; provided, however, that the Company or a Restricted Subsidiary may Incur Indebtedness
if, on the date of such Incurrence and after giving effect thereto, the Consolidated Coverage Ratio equals or exceeds 2.25 to 1.0. 
 (b) Notwithstanding Section 4.03(a), the Company and any Restricted Subsidiary may Incur the following Indebtedness: 
 (1) Indebtedness Incurred pursuant to any Credit Facility, so long as the aggregate amount of all Indebtedness outstanding under all Credit Facilities does not, at any one time, exceed the aggregate
amount of borrowing availability as of such date under all Credit Facilities that determine availability on the basis of a borrowing base or other asset-based calculation; provided, however, that in no event shall such amount exceed
the greater of (x) $500.0 million and (y) 75% of ACNTA as of the date of such Incurrence; 
 (2) Indebtedness owed to
and held by the Company or any Restricted Subsidiary; provided, however, that any subsequent issuance or transfer of any Capital Stock which results in any such Restricted Subsidiary ceasing to be a Restricted Subsidiary or any
subsequent transfer of such Indebtedness (other than to the Company or another Restricted Subsidiary) shall be deemed, in each case, to constitute the Incurrence of such Indebtedness by the issuer thereof; 

  
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 (3) Indebtedness of the Company represented by the Securities (other than any Additional
Securities); 
 (4) Indebtedness outstanding on the Issue Date (other than Indebtedness described in paragraph (b) (1),
(2) or (3) of this Section 4.03); 
 (5) Indebtedness of (A) a Restricted Subsidiary Incurred and outstanding
on or prior to the date on which such Restricted Subsidiary was acquired by the Company (other than Indebtedness Incurred in connection with, or to provide all or any portion of the funds or credit support utilized to consummate, the transaction or
series of related transactions pursuant to which such Restricted Subsidiary became a Restricted Subsidiary or was acquired by the Company) and (B) the Company or a Restricted Subsidiary Incurred for the purpose of financing all or any part of
the cost of acquiring oil and gas properties, another Person (other than a Person that was, immediately prior to such acquisition, a Subsidiary of the Company) engaged in the Oil and Gas Business or all or substantially all the assets of such a
Person; provided, however, that in the case of each of clause (A) and clause (B) above, on the date of such Incurrence and after giving effect thereto, the Consolidated Coverage Ratio equals or exceeds 2.0 to 1.0; 

(6) Refinancing Indebtedness in respect of Indebtedness Incurred pursuant to Section 4.03(a) or Section 4.03(b)(3), (4) or
(5), this clause (6) or clause (7) below; provided, however, that to the extent such Refinancing Indebtedness directly or indirectly Refinances Indebtedness or Preferred Stock of a Restricted Subsidiary described in
Section 4.03(b)(5), such Refinancing Indebtedness shall be Incurred only by such Restricted Subsidiary or the Company; 

(7) Non-recourse Purchase Money Indebtedness; 

(8) Indebtedness consisting of the Subsidiary Guarantees and any Guarantee by a Subsidiary Guarantor of Indebtedness Incurred by the
Company pursuant to paragraphs (b)(1) and (3) of this Section 4.03; 
 (9) Indebtedness consisting of Interest Rate
Agreements directly related to Indebtedness permitted to be Incurred by the Company and its Restricted Subsidiaries pursuant to this Indenture; 
 (10) Indebtedness under Oil and Gas Hedging Contracts and Currency Agreements entered into in the ordinary course of business for the purpose of limiting risks that arise in the ordinary course of
business of the Company and its Restricted Subsidiaries; 
 (11) Indebtedness in respect of bid, performance or surety
obligations issued by or for the account of the Company or any Restricted Subsidiary in the ordinary course of business, including Guarantees and letters of credit functioning as or supporting such bid, performance or surety obligations (in each
case other than for an obligation for money borrowed); 

  
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 (12) Indebtedness of the Company or a Restricted Subsidiary Incurred to finance capital
expenditures and Refinancing Indebtedness Incurred in respect thereof in an aggregate amount which, when taken together with the amount of all other Indebtedness Incurred pursuant to this clause (12) since the Issue Date and then outstanding,
does not exceed $20.0 million; 
 (13) Permitted Marketing Obligations; 

(14) In-kind obligations relating to oil and gas balancing positions arising in the ordinary
course of business; and 
 (15) Indebtedness in an aggregate amount which, together with the amount of all other Indebtedness of
the Company and its Restricted Subsidiaries outstanding on the date of such Incurrence (other than Indebtedness permitted by Section 4.03(a) or Section 4.03(b)(1)-(14)) does not exceed $100.0 million. 

(c) Notwithstanding the foregoing, the Company shall not, and shall not permit any Subsidiary Guarantor to, Incur any Indebtedness
pursuant to Section 4.03(b) if the proceeds thereof are used, directly or indirectly, to Refinance any Subordinated Obligations unless such Indebtedness shall be subordinated to the Securities or the relevant Subsidiary Guarantee, as the case
may be, to at least the same extent as such Subordinated Obligations. 
 (d) For purposes of determining compliance with this
Section 4.03, (i) in the event that an item of Indebtedness meets the criteria of more than one of the types of Indebtedness described in this Section 4.03, the Company, in its sole discretion, shall classify such item of Indebtedness
at the time of Incurrence and only be required to include the amount and type of such Indebtedness in one of the above clauses of this Section 4.03; provided that items of Indebtedness outstanding under the Credit Agreement on the Issue
Date shall be treated as Incurred on the Issue Date under Section 4.03(b)(1); and (ii) an item of Indebtedness may be divided and classified in more than one of the types of Indebtedness described in this Section 4.03. 

Section 4.04. Incurrence of Layered Indebtedness. Notwithstanding paragraphs (a) and (b) of Section 4.03
above, the Company shall not, and the Company shall not permit any Subsidiary Guarantor to, Incur any Indebtedness if such Indebtedness is subordinate or junior in ranking in any respect to any Senior Indebtedness of the Company or such Subsidiary
Guarantor, as applicable, unless such Indebtedness is Senior Subordinated Indebtedness or is expressly subordinated in right of payment to Senior Subordinated Indebtedness of such Person. 

Section 4.05. Limitation on Restricted Payments. (a) The Company shall not, and shall not permit any Restricted
Subsidiary, directly or indirectly, to make a Restricted Payment if at the time the Company or such Restricted Subsidiary makes such Restricted Payment: (1) a Default shall have occurred and be continuing (or would result therefrom);
(2) the Company is not able to Incur an additional $1.00 of Indebtedness pursuant to Section 4.03(a); or (3) the aggregate amount of such Restricted Payment and all other Restricted Payments since 

  
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the Issue Date would exceed the sum of (without duplication): (A) 50% of the aggregate Consolidated Net Income of the Company accrued on a cumulative basis commencing on December 31,
2002, and ending on the last day of the fiscal quarter ending on or immediately preceding the date of such proposed Restricted Payment (or, if such aggregate Consolidated Net Income shall be a deficit, minus 100% of such deficit); (B) the
aggregate Net Cash Proceeds received by the Company from the issuance or sale of its Capital Stock (other than Disqualified Stock) subsequent to December 31, 2005 (other than an issuance or sale to a Subsidiary of the Company and other than an
issuance or sale to an employee stock ownership plan or to a trust established by the Company or any of its Subsidiaries for the benefit of their employees); (C) the aggregate Net Cash Proceeds received by the Company from the issue or sale
subsequent to December 31, 2005 of its Capital Stock (other than Disqualified Stock) to an employee stock ownership plan; provided, however, that if such employee stock ownership plan incurs any Indebtedness with respect thereto,
such aggregate amount shall be limited to an amount equal to any increase in the Consolidated Net Worth of the Company resulting from principal repayments made by such employee stock ownership plan with respect to such Indebtedness; (D) the
amount by which Indebtedness of the Company is reduced on the Company’s balance sheet upon the conversion or exchange (other than by a Subsidiary of the Company) subsequent to December 31, 2005, of any Indebtedness of the Company
convertible or exchangeable for Capital Stock (other than Disqualified Stock) of the Company (less the amount of any cash, or the fair value of any other property, distributed by the Company upon such conversion or exchange); and (E) an amount
equal to the sum of (i) the net reduction in Investments made subsequent to December 31, 2005 by the Company or any Restricted Subsidiary in any Person resulting from dividends, repayments of loans or advances or other transfers of assets,
in each case to the Company or any Restricted Subsidiary from such Person, and (ii) the portion (proportionate to the Company’s equity interest in such Subsidiary) of the fair market value of the net assets of an Unrestricted Subsidiary at
the time such Unrestricted Subsidiary is designated a Restricted Subsidiary; provided, however, that the foregoing sum shall not exceed, in the case of any such Person or Unrestricted Subsidiary, the amount of Investments previously
made (and treated as a Restricted Payment) by the Company or any Restricted Subsidiary in such Person or Unrestricted Subsidiary. 
 (b) The provisions of Section 4.05(a) shall not prohibit: (i) dividends paid within 60 days after the date of declaration thereof if at such date of declaration such dividend would have complied
with this Section 4.05; provided, however, that at the time of payment of such dividend, no other Default shall have occurred and be continuing (or result therefrom); provided, further, however, that such
dividend shall be included in the calculation of the amount of Restricted Payments; (ii) any purchase or redemption of Capital Stock or Subordinated Obligations of the Company made by exchange for, or out of the proceeds of the substantially
concurrent sale of, Capital Stock of the Company (other than Disqualified Stock and other than Capital Stock issued or sold to a Subsidiary of the Company or an employee stock ownership plan or to a trust established by the Company or any of its
Subsidiaries for the benefit of their employees); provided, however, that (A) such purchase or redemption shall be excluded in the calculation of the amount of Restricted Payments and (B) the Net Cash Proceeds from such sale
shall be excluded from the calculation of amounts under Section 4.05(a)(3)(B) (but only to the extent that such Net Cash Proceeds were used to purchase or redeem such Capital Stock as provided in this clause (ii)); (iii) any purchase,
repurchase, redemption, defeasance or other acquisition or retirement for value of Subordinated Obligations of the Company made by 

  
 34 

 
exchange for, or out of the proceeds of the substantially concurrent sale of, Subordinated Obligations of the Company; provided, however, that such purchase, repurchase, redemption,
defeasance or other acquisition or retirement for value shall be excluded in the calculation of the amount of Restricted Payments; (iv) the repurchase of shares of, or options to purchase shares of, common stock of the Company or any of its
Subsidiaries from employees, former employees, directors or former directors of the Company or any of its Subsidiaries (or permitted transferees of such employees, former employees, directors or former directors), pursuant to the terms of the
agreements (including employment agreements) or plans (or amendments thereto) approved by the Board of Directors under which such individuals purchase or sell or are granted the option to purchase or sell, shares of such common stock;
provided, however, that the aggregate amount of such repurchases shall not exceed $25.0 million in any calendar year (with any unused amounts in any calendar year being carried over to succeeding calendar years); provided,
further, however, that such repurchases shall be excluded in the calculation of the amount of Restricted Payments; (v) loans made to officers, directors or employees of the Company or any Restricted Subsidiary approved by the
Board of Directors (or a duly authorized officer), the net cash proceeds of which are used solely (A) to purchase common stock of the Company in connection with a restricted stock or employee stock purchase plan, or to exercise stock options
received pursuant to an employee or director stock option plan or other incentive plan, in a principal amount not to exceed the exercise price of such stock options or (B) to refinance loans, together with accrued interest thereon, made
pursuant to item (A) of this clause (v); provided, however, that such loans shall be excluded in the calculation of the amount of Restricted Payments; (vi) any Restricted Payment so long as on the date of such Restricted
Payment, after giving pro forma effect thereto and to any related transactions as if the same had occurred at the beginning of the Company’s most recently ended four full fiscal quarters for which internal financial statements are available,
the Company’s Leverage Ratio would not have exceeded 2.5 to 1.0; provided, however, that such Restricted Payments shall be excluded in the calculation of the amount of Restricted Payments; or (vii) other Restricted Payments in an aggregate
amount not to exceed $40.0 million; provided, however, that such Restricted Payments shall be excluded in the calculation of the amount of Restricted Payments. 
 Section 4.06. Limitation on Restrictions on Distributions from Restricted Subsidiaries. The Company shall not, and shall not permit any Restricted Subsidiary to, create or otherwise cause or
permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary (a) to pay dividends or make any other distributions on its Capital Stock or pay any Indebtedness owed to the Company or a
Restricted Subsidiary, (b) to make any loans or advances to the Company or a Restricted Subsidiary or (c) to transfer any of its property or assets to the Company or a Restricted Subsidiary, except: (i) any encumbrance or restriction
in the Credit Agreement on the Issue Date or pursuant to any other agreement in effect on the Issue Date; (ii) any encumbrance or restriction with respect to a Restricted Subsidiary pursuant to an agreement relating to any Indebtedness Incurred
by such Restricted Subsidiary on or prior to the date on which such Restricted Subsidiary was acquired by the Company (other than Indebtedness Incurred as consideration in, or to provide all or any portion of the funds or credit support utilized to
consummate, the transaction or series of related transactions pursuant to which such Restricted Subsidiary became a Restricted Subsidiary or was acquired by the Company) and outstanding on such date; (iii) any encumbrance or restriction
pursuant to an agreement effecting a Refinancing of Indebtedness Incurred pursuant to an agreement referred to in clause (i) or (ii) of this covenant or this clause (iii) or contained in any 

  
 35 

 
amendment to an agreement referred to in clause (i) or (ii) of this covenant or this clause (iii); provided, however, that the encumbrances and restrictions with respect
to such Restricted Subsidiary contained in any such refinancing agreement or amendment are no less favorable to the Securityholders than encumbrances and restrictions with respect to such Restricted Subsidiary contained in such agreements;
(iv) any such encumbrance or restriction consisting of customary nonassignment provisions in leases governing leasehold interests to the extent such provisions restrict the transfer of the lease or the property leased thereunder; (v) in
the case of clause (c) above, restrictions contained in security agreements or mortgages securing Indebtedness of a Restricted Subsidiary to the extent such restrictions restrict the transfer of the property subject to such security agreements
or mortgages; and (vi) any restriction with respect to a Restricted Subsidiary imposed pursuant to an agreement entered into for the sale or disposition of all or substantially all the Capital Stock or assets of such Restricted Subsidiary
pending the closing of such sale or disposition. 
 Section 4.07. Limitation on Sales of Assets and Subsidiary
Stock. (a) The Company shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, consummate any Asset Disposition unless (1) the Company or such Restricted Subsidiary receives consideration at least equal to
the fair market value (such fair market value to be determined in advance in good faith by an Officer or an officer of such Restricted Subsidiary with responsibility for such transaction, or the Board of Directors if the Asset Disposition exceeds
$50.0 million, which determination shall be conclusive evidence of compliance with this provision), of the equity and assets subject to such Asset Disposition; (2) (A) at least 75% of the consideration received by the Company or such
Restricted Subsidiary is in the form of cash or cash equivalents, Additional Assets or any combination thereof (collectively, the “Cash Consideration”) or (B) the fair market value of all forms of such consideration other than
Cash Consideration since the date of this Indenture does not exceed in the aggregate 10% of the ACNTA at the time of the applicable Asset Disposition; and (3) an amount equal to 100% of the Net Available Cash from such Asset Disposition is
applied by the Company (or such Restricted Subsidiary, as the case may be) (A) first, to the extent the Company elects (or is required by the terms of any Indebtedness), to prepay, repay, redeem or purchase Senior Indebtedness of the
Company or any Subsidiary Guarantor or Indebtedness (other than any Disqualified Stock) of a Wholly Owned Subsidiary that is not a Subsidiary Guarantor (in each case other than Indebtedness owed to the Company or an Affiliate of the Company) within
540 days from the later of the date of such Asset Disposition or the receipt of such Net Available Cash, provided such prepayment, repayment, redemption or purchase permanently retires, or reduces the related loan commitment (if any) for, such
Indebtedness in an amount equal to the principal amount so prepaid, repaid, redeemed or purchased; (B) second, to the extent of the balance of such Net Available Cash after application in accordance with clause (A), to the extent the
Company elects, to acquire Additional Assets or to make capital expenditures in the Oil and Gas Business within 540 days from the later of the date of such Asset Disposition or the receipt of such Net Available Cash; and (C) third,
to the extent of the balance of such Net Available Cash after application in accordance with clauses (A) and (B), to make an offer to the holders of the Securities (and to holders of other Senior Subordinated Indebtedness of the Company
designated by the Company) to purchase Securities (and such other Senior Subordinated Indebtedness of the Company) pursuant to and subject to the conditions contained in this Indenture, which purchase permanently reduces the outstanding amount of
such Securities (and such other Senior Subordinated Indebtedness) in an amount equal to the principal amount purchased. 

  
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 Pending application of Net Available Cash pursuant to this covenant, such Net Available Cash
shall be invested in Temporary Cash Investments or applied to temporarily reduce revolving credit Indebtedness. 

Notwithstanding Section 4.07(a), the Company and the Restricted Subsidiaries shall not be required to apply any Net Available Cash
in accordance with Section 4.07(a) except to the extent that the aggregate Net Available Cash from all Asset Dispositions, which is not applied in accordance with Section 4.07(a), exceeds $40.0 million during any calendar year.

 For the purposes of Section 4.07(a), the following are deemed to be cash or cash equivalents (i) any liabilities,
as shown on the Company’s or such Restricted Subsidiary’s most recent balance sheet, of the Company or any Restricted Subsidiary (other than contingent liabilities and liabilities that are by their terms subordinated to the Securities or
any Subsidiary Guaranty) that are assumed by the transferee of any such Asset Disposition pursuant to (A) a customary novation agreement that releases the Company or such Restricted Subsidiary from further liability or (B) an assignment
agreement that includes, in lieu of such a release, the agreement of the transferee or its parent company to indemnify and hold harmless the Company or such Restricted Subsidiary from and against any loss, liability or cost in respect of such
assumed liability or (ii) any non-Cash Consideration received by the Company or any Restricted Subsidiary from the transferee that is converted, monetized, sold or exchanged by the Company or such
Restricted Subsidiary into cash or cash equivalents within 120 days of receipt. Notwithstanding the foregoing, the 75% limitation referred to in Section 4.07(a)(2) above shall be deemed satisfied with respect to any Asset Disposition
in which the cash or cash equivalents portion of the consideration received therefrom, determined in accordance with the foregoing provision on an after-tax basis, is equal to or greater than what the after-tax proceeds would have been had such Asset Disposition complied with the aforementioned 75% limitation. The requirement of Section 4.07(a)(3)(B) above shall be deemed to be satisfied if an agreement
(including a lease, whether a capital lease or an operating lease) committing to make the acquisitions or expenditures referred to therein is entered into by the Company or its Restricted Subsidiary within the time period specified in such clause
and such Net Available Cash is subsequently applied in accordance with such agreement within six months following such agreement. 
 (b) In the event of an Asset Disposition that requires the purchase of Securities (and other Senior Subordinated Indebtedness of the Company) pursuant to Section 4.07(a)(3)(C), the Company shall make
such offer to purchase Securities (an “Offer”) on or before the 541st day after the later of the date of such Asset Disposition or the receipt of such Net Available Cash, and shall purchase Securities tendered pursuant to an
offer by the Company for the Securities (and such other Senior Subordinated Indebtedness of the Company) at a purchase price of 100% of their principal amount (or, in the event such other Senior Subordinated Indebtedness of the Company was issued
with original issue discount greater than 2.5%, 100% of the accreted value thereof) without premium, plus accrued but unpaid interest (or, in respect of such other Senior Subordinated Indebtedness of the Company, such lesser price, if any, as may be
provided for by the terms of such Senior Subordinated Indebtedness of the Company) in accordance with the procedures (including prorating in the event of oversubscription) set forth in Section 3.02. If the aggregate purchase price of the
securities tendered exceeds the Net Available Cash allotted to their purchase, the Company shall select the 

  
 37 

 
securities to be purchased on a pro rata basis but in round denominations, which in the case of the Securities shall be denominations of $2,000 principal amount and whole multiples of $1,000 in
excess thereof. The Company shall not be required to make such an offer to purchase Securities (and other Senior Subordinated Indebtedness of the Company) pursuant to this covenant if the Net Available Cash not applied or invested as provided in
Section 4.07(a)(3)(A) or (B) is less than $20.0 million (which lesser amount shall be carried forward for purposes of determining whether such an offer is required with respect to the Net Available Cash from any subsequent Asset
Disposition). Upon completion of such an offer to purchase, Net Available Cash shall be deemed to be reduced by the aggregate amount of such offer. 
 (c) The Company 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
Securities pursuant to Section 4.07(b). To the extent that the provisions of any securities laws or regulations conflict with provisions of Section 4.07(b), the Company shall comply with the applicable securities laws and regulations and
shall not be deemed to have breached its obligations under Section 4.07(b) by virtue of its compliance with such securities laws or regulations. 
 Section 4.08. Limitation on Affiliate Transactions. (a) The Company shall not, and shall not permit any Restricted Subsidiary to, enter into or permit to exist any transaction (including
the purchase, sale, lease or exchange of any property, employee compensation arrangements or the rendering of any service) with any Affiliate of the Company (an “Affiliate Transaction”) unless the terms thereof (1) are no less
favorable to the Company or such Restricted Subsidiary than those that could be obtained at the time of such transaction in arm’s-length dealings with a Person who is not such an Affiliate, (2) if such Affiliate Transaction involves an
amount in excess of $15.0 million, are set forth in writing and have been approved by the Board of Directors, including a majority of the members of the Board of Directors having no personal stake in such Affiliate Transaction, and (3) if such
Affiliate Transaction involves an amount in excess of $25.0 million, have been determined by a nationally recognized investment banking firm or other qualified independent appraiser to be fair, from a financial standpoint, to the Company and its
Restricted Subsidiaries. 
 (b) The provisions of Section 4.08(a) shall not prohibit (i) any sale of hydrocarbons or
other mineral products to an Affiliate of the Company or the entering into or performance of Oil and Gas Hedging Contracts, gas gathering, transportation or processing contracts or oil or natural gas marketing or exchange contracts with an Affiliate
of the Company, in each case, in the ordinary course of business, so long as the terms of any such transaction are approved by a majority of the members of the Board of Directors who are disinterested with respect to such transaction, (ii) the
sale to an Affiliate of the Company of Capital Stock of the Company that does not constitute Disqualified Stock, and the sale to an Affiliate of the Company of Indebtedness (including Disqualified Stock) of the Company in connection with an offering
of such Indebtedness in a market transaction and on terms substantially identical to those of other purchasers in such market transaction, (iii) transactions contemplated by any employment agreement or other compensation plan or arrangement
existing on the Issue Date or thereafter entered into by the Company or any of its Restricted Subsidiaries in the ordinary course of business, (iv) the payment of reasonable fees to directors of the Company and its Restricted Subsidiaries who
are not employees of the Company or any Restricted Subsidiary, (v)

  
 38 

 
transactions between or among the Company and its Restricted Subsidiaries, (vi) transactions between the Company or any of its Restricted Subsidiaries and Persons that are controlled (as
defined in the definition of “Affiliate”) by the Company (an “Unrestricted Affiliate”); provided that no other Person that controls (as so defined) or is under common control with the Company holds any
Investments in such Unrestricted Affiliate; (vii) Restricted Payments that are permitted by the provisions of Section 4.05; and (viii) loans or advances to employees in the ordinary course of business and approved by the
Company’s Board of Directors in an aggregate principal amount not to exceed $2.5 million outstanding at any one time. 

Section 4.09. Change of Control. (a) Upon the occurrence of a Change of Control, each Holder shall have the right to
require that the Company purchase such Holder’s Securities at a purchase price in cash equal to 101% of the principal amount thereof plus accrued and unpaid interest, if any, to the date of purchase (subject to the right of Holders of record on
the relevant record date to receive interest on the relevant interest payment date), in accordance with the terms contemplated in Section 4.09(b). In the event that at the time of such Change of Control the terms of the Indebtedness under the
Credit Agreement restrict or prohibit the repurchase of Securities pursuant to this Section, then prior to the mailing of the notice to Holders provided for in Section 4.09(b), but in any event within 30 days following any Change of Control,
the Company shall (i) repay in full the Indebtedness under the Credit Agreement or (ii) obtain the requisite consent under the agreements governing the Indebtedness under the Credit Agreement to permit the purchase of the Securities as
provided for in Section 4.09(b). 
 (b) Within 30 days following a Change of Control, the Company shall mail a notice to
each Holder with a copy to the Trustee stating: (1) that a Change of Control has occurred and that such Holder has the right to require the Company to purchase such Holder’s Securities at a purchase price in cash equal to 101% of the
principal amount thereof plus accrued and unpaid interest, if any, to the date of purchase (subject to the right of Holders of record on the relevant record date to receive interest on the relevant interest payment date); (2) the circumstances
and relevant facts regarding such Change of Control (including information with respect to pro forma historical income, cash flow and capitalization, in each case after giving effect to such Change of Control); (3) the purchase date (which
shall be no earlier than 30 days nor later than 60 days from the date such notice is mailed); and (4) the instructions determined by the Company, consistent with this Section 4.09, that a Holder must follow in order to have its Securities
purchased. 
 (c) Holders electing to have a Security purchased shall be required to surrender the Security, with an appropriate
form duly completed, to the Company 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 Company receives not later than one
Business Day prior to the purchase date, a telegram, telex, facsimile transmission or letter setting forth the name of the Holder, the principal amount of the Security which was delivered for purchase by the Holder and a statement that such Holder
is withdrawing his election to have such Security purchased. 
 (d) On the purchase date, all Securities purchased by the
Company under this Section shall be delivered to the Trustee for cancelation, and the Company shall pay the purchase price plus accrued and unpaid interest, if any, to the Holders entitled thereto. 

  
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 (e) The Company 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 purchase of Securities pursuant to this Section 4.09. To the extent that the provisions of any securities laws or regulations conflict
with the provisions of this Section 4.09, the Company shall comply with the applicable securities laws and regulations and shall not be deemed to have breached its obligations under this Section 4.09 by virtue thereof. 

(f) The Company shall not be required to make an offer to purchase Securities as a result of a Change of Control pursuant to this
Section 4.09 if a third party (i) makes such offer in the manner, at the times and otherwise in compliance with the requirements set forth in Section 4.09(b) and (ii) purchases all Securities validly tendered and not withdrawn
under such an offer. 
 Section 4.10. Limitation on Liens. The Company shall not, and shall not permit any
Restricted Subsidiary to, directly or indirectly, enter into, create, incur, assume or suffer to exist any Lien on or with respect to any property of the Company or such Restricted Subsidiary, whether owned on the Issue Date or acquired after the
Issue Date, or any interest therein or any income or profits therefrom, unless the Securities or any Subsidiary Guarantee of such Restricted Subsidiary, as applicable, are secured equally and ratably with (or prior to) any and all other Indebtedness
secured by such Lien, except that the Company and its Restricted Subsidiaries may enter into, create, incur, assume or suffer to exist Permitted Liens and Liens securing Senior Indebtedness. 

Section 4.11. Compliance Certificate. The Company shall deliver to the Trustee within 120 days after the end of each fiscal
year of the Company an Officers’ Certificate stating that in the course of the performance by the signers of their duties as Officers of the Company they would normally have knowledge of any Default and whether or not the signers know of any
Default that occurred during such fiscal year. If they do, the certificate shall describe the Default, its status and what action the Company is taking or proposes to take with respect thereto. The Company also shall comply with TIA §
314(a)(4). 
 Section 4.12. Further Instruments and Acts. Upon request of the Trustee, the Company 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 4.13. Future Subsidiary Guarantors. The Company shall cause each Restricted Subsidiary that represents at least 10% of the book assets of, or 10% of the ACNTA of the Company and its
Restricted Subsidiaries, taken as a whole, and that has an aggregate of $15.0 million or more of Indebtedness and Preferred Stock outstanding at any time to promptly Guarantee the Securities pursuant to a Supplemental Indenture substantially in the
form attached hereto as Exhibit 1. 
 Section 4.14. Suspension of Certain Covenants. (a) If at any time after
the Issue Date: (i) the Securities have Investment Grade Ratings from both Rating Agencies and (ii) no Event of Default has occurred and is continuing under this Indenture at such time (the occurrence of the events described in the
foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), then until the end of the Suspension Period (as defined in 

  
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Section 4.14(c)) the Company and the Restricted Subsidiaries shall not be subject to the provisions under Sections 4.03, 4.04, 4.05 (provided that no Restricted Subsidiary may be
designated as an Unrestricted Subsidiary during the Suspension Period), 4.06, 4.07, 4.08, and paragraph (iii) of Section 5.01 (collectively, the “Suspended Covenants”). 

(b) In the event that the Company and the Restricted Subsidiaries are not subject to the Suspended Covenants 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 withdraws its Investment Grade Rating or downgrades the rating assigned to the Securities below an Investment Grade
Rating, then the Company and the Restricted Subsidiaries shall thereafter again be subject to the Suspended Covenants with respect to future events. Notwithstanding that the Suspended Covenants may be reinstated, no Default or Event of Default shall
be deemed to have occurred as a result of a failure to comply with the Suspended Covenants during the period of time between the Covenant Suspension Event and the Reversion Date (the “Suspension Period”), or upon termination of the
Suspension Period or after that time based on any actions taken by the Company or its Restricted Subsidiaries during the Suspension Period. On the Reversion Date, all Indebtedness incurred during the Suspension Period shall be classified as
having been incurred pursuant to Section 4.03(a) or Section 4.03(b) (to the extent such Indebtedness 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 would not be so permitted to be incurred pursuant to Section 4.03(a) or Section 4.03(b), such Indebtedness shall be deemed to have been
outstanding on the Issue Date, so that it is classified as permitted under Section 4.03(b)(4). Calculations made after the Reversion Date of the amount available to be made as Restricted Payments under Section 4.05 shall be made as though
the covenant described under Section 4.05 had been in effect since the Issue Date and throughout the Suspension Period. Accordingly, Restricted Payments made during the Suspension Period shall reduce the amount available to be made as
Restricted Payments under Section 4.05(a)(3) except to the extent that such Restricted Payments were permitted to have been made and are treated as having been made pursuant to Section 4.05(b). 

ARTICLE 5 

Successor Company 
 Section 5.01. When Company May Merge or Transfer Assets. The Company shall not consolidate with or merge with or into, or convey, transfer or lease, in one transaction or a series of related
transactions, all or substantially all the assets of the Company and its Restricted Subsidiaries, taken as a whole, to, any Person, unless: 
 (i) (A) the resulting, surviving or transferee Person (the “Successor Company”) shall be a Person organized and existing under the laws of the United States of America, any State
thereof or the District of Columbia and (B) the Successor Company (if not the Company) shall expressly assume, by an indenture supplemental hereto, executed and delivered to the Trustee, in form satisfactory to the Trustee, all the obligations
of the Company under the Securities and this Indenture; 

  
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 (ii) immediately after giving effect to such transaction (and treating any
Indebtedness which becomes an obligation of the Successor Company or any Subsidiary as a result of such transaction as having been Incurred by such Successor Company or such Subsidiary at the time of such transaction), no Default shall have occurred
and be continuing; 
 (iii) immediately after giving effect to such transaction, the Successor Company would be
able to Incur an additional $1.00 of Indebtedness pursuant to Section 4.03(a); 
 (iv) immediately after
giving effect to such transaction, the Successor Company shall have Adjusted Consolidated Net Tangible Assets that are not less than the Adjusted Consolidated Net Tangible Assets prior to such transaction; 

(v) in the case of a conveyance, transfer or lease of all or substantially all the assets of the Company and its
Restricted Subsidiaries, taken as a whole, such assets shall have been so conveyed, transferred or leased as an entirety or virtually as an entirety to one Person; and 

(vi) the Company shall have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating
that such consolidation, merger or transfer and such supplemental indenture (if any) comply with this Indenture; 
 provided,
however, that clauses (iii) and (iv) shall not be applicable to any such transaction solely between the Company and any Restricted Subsidiary. 
 The Successor Company shall be the successor to the Company and shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture, and the predecessor
Company, except in the case of a lease, shall be released from the obligation to pay the principal of and interest on the Securities. 
 Section 5.02. When Subsidiary Guarantors May Merge or Transfer Assets. The Company shall not permit any Subsidiary Guarantor to consolidate with or merge with or into, or convey, transfer or
lease, in one transaction or a series of transactions, all or substantially all of its assets to any Person unless: (i) the resulting, surviving or transferee Person (if not such Subsidiary) shall be a Person organized and existing under the
laws of the jurisdiction under which such Subsidiary was organized or under the laws of the United States of America, or any State thereof or the District of Columbia, and, if such Person is not the Company or a Subsidiary Guarantor, such Person
shall expressly assume, by executing a Guarantee Agreement, all the obligations of such Subsidiary, if any, under its Subsidiary Guarantee; (ii) immediately after giving effect to such transaction or transactions on a pro forma basis (and
treating any Indebtedness which becomes an obligation of the resulting, surviving or transferee Person as a result of such transaction as having been issued by such Person at the time of such transaction), no Default shall have occurred and be
continuing; (iii) in the case of a conveyance, transfer or lease of all or substantially all the assets of a Subsidiary Guarantor, such assets shall have been so conveyed, transferred or leased as an entirety or virtually as an entirety to one
Person; and (iv) the 

  
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Company delivers to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that such consolidation, merger or transfer and such Guarantee Agreement, if any, complies
with this Indenture. The provisions of clauses (i) and (ii) above shall not apply to any one or more transactions which constitute an Asset Disposition if the Company has complied with the applicable provisions of Section 4.07.

 ARTICLE 6 
 Defaults and Remedies 
 Section 6.01. Events of Default. An
“Event of Default” occurs if: 
 (1) the Company defaults in any payment of interest on any
Security when the same becomes due and payable, whether or not such payment shall be prohibited by Article 10, and such default continues for a period of 30 consecutive days; 

(2) the Company (i) defaults in the payment of the principal of any Security when the same becomes due and payable at
its Stated Maturity, upon optional redemption, upon required purchase, upon declaration of acceleration or otherwise, whether or not such payment shall be prohibited by Article 10 or (ii) fails to redeem or purchase Securities when required
pursuant to this Indenture or the Securities, whether or not such redemption or purchase shall be prohibited by Article 10; 
 (3) the Company fails to comply with Section 5.01; 
 (4) the
Company fails to comply with Section 4.02, 4.03, 4.04, 4.05, 4.06, 4.07 (other than a failure to purchase Securities when required under Section 4.07), 4.08, 4.09 (other than a failure to purchase Securities when required under
Section 4.09), 4.10, 4.11 or 4.13 and such failure continues for 30 consecutive days after the notice specified below; 
 (5) the Company fails to comply with any of its agreements contained in the Securities or in this Indenture (other than those referred to in (1), (2), (3) or (4) above) and such failure
continues for 60 consecutive days after the notice specified below; 
 (6) Indebtedness of the Company (other
than Non-recourse Purchase Money Indebtedness) is not paid within any applicable grace period after final maturity or the maturity of such Indebtedness is accelerated by the holders thereof because of a
default (and such acceleration is not rescinded or annulled) and the total amount of such Indebtedness unpaid or accelerated exceeds $20.0 million; 
 (7) the Company or any Significant Subsidiary pursuant to or within the meaning of any Bankruptcy Law: 
 (A) commences a voluntary case; 
 (B) consents to the entry of an
order for relief against it in an involuntary case; 

  
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 (C) consents to the appointment of a Custodian of it or for any substantial
part of its property; or 
 (D) makes a general assignment for the benefit of its creditors; 

or takes any comparable action under any foreign laws relating to insolvency; 

(8) a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that: 

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

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

 (C) orders the winding up or liquidation of the Company or any Significant Subsidiary; 

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

(9) any judgment or decree for the payment of money in an uninsured or unindemnified amount in excess of $20.0 million or
its foreign currency equivalent at the time is rendered against the Company or a Significant Subsidiary and is not discharged and either (A) an enforcement proceeding has been commenced by any creditor upon such judgment or decree or
(B) there is a period of 60 days following the entry of such judgment or decree during which such judgment or decree is not discharged, waived, bonded or the execution thereof stayed, in either case 10 days after the notice specified below; or

 (10) any Subsidiary Guarantee ceases or otherwise fails to be in full force and effect (other than in
accordance with the terms of such Subsidiary Guarantee) or any Subsidiary Guarantor denies or disaffirms its obligations under its Subsidiary Guarantee if such default continues for a period of 10 days after the notice specified below. 

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. 

The term “Bankruptcy Law” means Title 11, United States Code, or any similar Federal or state law for the relief
of debtors. The term “Custodian” means any receiver, trustee, assignee, liquidator, custodian or similar official under any Bankruptcy Law. 
 A Default under clause (4), (5), (9) or (10) is not an Event of Default until the Trustee or the Holders of at least 25% in principal amount of the Securities notify the Company of the Default
and the Company does not cure such Default within the time specified 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”. 

  
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 The Company shall deliver to the Trustee, within 30 days after the occurrence thereof,
written notice, in the form of an Officers’ Certificate, of any Event of Default under clause (3) or (6) and any event which with the giving of notice or the lapse of time would become an Event of Default under clause (4), (5),
(9) or (10), describing its status and what action the Company is taking or proposes to take with respect thereto. The Trustee shall not be deemed to have knowledge of any Default or Event of Default unless one of its Trust Officers receives
written notice thereof from the Company or any of the Holders. 
 Section 6.02. Acceleration. If an Event of Default
(other than an Event of Default specified in Section 6.01(7) or (8) with respect to the Company) occurs and is continuing, the Trustee by written notice to the Company, or the Holders of at least 25% in principal amount of the outstanding
Securities by written notice to the Company and the Trustee, may declare the principal of and accrued but unpaid interest on all the Securities to be due and payable. Upon such a declaration, such principal and interest shall be due and payable
immediately. If an Event of Default specified in Section 6.01(7) or (8) with respect to the Company occurs and is continuing, the principal of and interest on all the Securities shall ipso facto become and be immediately due
and payable without any declaration or other act on the part of the Trustee or any Securityholders. The Holders of a majority in principal amount of the outstanding Securities by written notice to the Trustee may rescind any such acceleration and
its consequences if the rescission would not conflict with any judgment or decree and if all existing Events of Default have been cured or waived except nonpayment of principal or interest that has become due solely because of acceleration. No such
rescission shall affect any subsequent Default or impair any right consequent thereto. 
 Section 6.03. Other
Remedies. If an Event of Default occurs and is continuing, the Trustee may pursue any available remedy to collect the payment of principal of or interest on the Securities or to enforce the performance of any provision of the Securities or this
Indenture. 
 The Trustee may maintain a proceeding even if it does not possess any of the Securities or does not produce any of
them in the proceeding. A delay or omission by the Trustee or any Securityholder 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. All available remedies are cumulative. 
 Section 6.04. Waiver of
Past Defaults. The Holders of a majority in principal amount of the Securities by written notice to the Trustee may waive an existing or past Default and its consequences except (i) a Default in the payment of the principal of or interest
on a Security or (ii) a Default in respect of a provision that under Section 9.02 cannot be amended without the consent of each Securityholder affected. When a Default is waived, it is deemed cured, but no such waiver shall extend to any
subsequent or other Default or impair any consequent right. 

  
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 Section 6.05. Control by Majority. The Holders of a majority in principal amount
of the outstanding Securities 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. The Trustee, however, may refuse to follow any
direction that conflicts with law or this Indenture or, subject to Section 7.01, that the Trustee determines is unduly prejudicial to the rights of other Securityholders or would involve the Trustee in personal liability; provided,
however, that the Trustee may take any other action deemed proper by the Trustee that is not inconsistent with such direction. Prior to taking any action hereunder, the Trustee shall be entitled to be furnished with indemnification
satisfactory to it in its sole discretion against all losses and expenses caused by taking or not taking such action. 

Section 6.06. Limitation on Suits. A Securityholder may not pursue any remedy with respect to this Indenture or the
Securities unless: 
 (1) the Holder gives to the Trustee written notice stating that an Event of Default is
continuing; 
 (2) the Holders of at least 25% in principal amount of the outstanding Securities make a written
request to the Trustee to pursue the remedy; 
 (3) such Holder or Holders furnish, if required by the Trustee,
to the Trustee reasonable security or indemnity against any loss, liability or expense; 
 (4) the Trustee does
not comply with the request within 60 days after receipt of the request and the furnishing of the required security or indemnity; and 
 (5) the Holders of a majority in principal amount of the outstanding Securities do not give the Trustee a direction inconsistent with the request during such 60-day
period. 
 A Securityholder may not use this Indenture to prejudice the rights of another Securityholder or to obtain a
preference or priority over another Securityholder. 
 Section 6.07. Rights of Holders To Receive Payment.
Notwithstanding any other provision of this Indenture, the right of any Holder to receive payment of principal of, premium (if any) or interest on the Securities held by such Holder, on or after the respective due dates expressed in the Securities,
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(1) or (2) occurs and is continuing, the Trustee may recover judgment in its own name and as
trustee of an express trust against the Company and the Subsidiary Guarantors for the whole amount then due and owing (together with interest on any unpaid interest to the extent lawful) and the amounts provided for in Section 7.07. 

Section 6.09. Trustee May File Proofs of Claim. The Trustee may file such proofs of claim and other papers or documents as
may be necessary or advisable in order to have the claims of the Trustee and the Securityholders allowed in any judicial proceedings relative to 

  
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the Company or any Subsidiary Guarantor their respective creditors or their respective property 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 7.07. 
 Section 6.10. Priorities. If the Trustee collects any money or property pursuant to this
Article 6, it shall pay out the money or property in the following order: 
 FIRST: to the Trustee for amounts
due under Section 7.07; 
 SECOND: to holders of Senior Indebtedness to the extent required by Article 10 or
12; 
 THIRD: to Securityholders for amounts due and unpaid on the Securities for principal and interest,
ratably, without preference or priority of any kind, according to the amounts due and payable on the Securities for principal and interest, respectively; and 
 FOURTH: to the Company. 
 The Trustee may fix a record date and payment date for
any payment to Securityholders pursuant to this Section. At least 15 days before such record date, the Company shall mail to each Securityholder and the Trustee a notice that states the record date, the payment date and 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, 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 Section 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 an aggregate of 10% in principal amount of the outstanding Securities. 
 Section 6.12. Waiver of Stay or Extension Laws. The Company (to the extent it may lawfully do so) shall not 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 Company (to the extent that it may lawfully do so) hereby
expressly waives 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. 

  
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 ARTICLE 7 
 Trustee 
 Section 7.01. Duties of Trustee. (a) 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: 

(1) 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; and 
 (2) in the
absence of bad faith 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. However, the Trustee shall examine such certificates and opinions to determine whether or not they conform to the requirements of this Indenture. 
 (c) The Trustee may not be relieved from liability for its own negligent action, its own negligent failure to act or its own wilful misconduct, except that: 

(1) this paragraph does not limit the effect of paragraph (b) of this Section; 

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

(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 Company.

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

 (g) No provision of this Indenture shall require the Trustee to advance, 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. The Trustee, however, may so advance or expend its own funds if, in its own reasonable judgment, the Trustee believes that
repayment of such funds or adequate indemnity against such risk or liability has been reasonably assured to it. 

  
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 (h) 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 and to the provisions of the TIA. 

(i) Notwithstanding anything to the contrary herein, the Trustee shall have no duty to review the reports and information documents
required to be provided by Section 4.02 for the purposes of determining compliance with any provisions of this Indenture. 

Section 7.02. Rights of Trustee. (a) The Trustee may rely on any document believed by it to be genuine and to have been
signed or presented by the proper Person. The Trustee need not investigate any fact or matter stated in the document. 
 (b)
Before the Trustee acts or refrains from acting, it may require an Officers’ Certificate or an Opinion of Counsel. The Trustee shall not be liable for any action it takes or omits to take in good faith in reliance on the Officers’
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 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 wilful misconduct or negligence. 

(e) The Trustee may consult with counsel, and the advice or opinion of counsel with respect to legal matters relating to this Indenture
and the Securities shall be full and complete authorization and protection from liability in respect to 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 charged with knowledge of any Default or Event of Default unless either (1) a Trust Officer shall have
actual knowledge of such Default or Event of Default or (2) written notice of such Default or Event of Default shall have been given to the Trustee by the Company or any other obligor on such Securities or by any Holder of the Securities.

 Section 7.03. Individual Rights of Trustee. The Trustee in its individual or any other capacity may become the
owner or pledgee of Securities and may otherwise deal with the Company or its Affiliates with the same rights it would have if it were not Trustee. Any Paying Agent, Registrar, co-registrar or co-paying agent may do the same with like rights. However, the Trustee must comply with Sections 7.10 and 7.11. 
 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 or the Securities, it shall not
be accountable for the Company’s use of the proceeds from the Securities, and it shall not be responsible for any statement of the Company in the Indenture or in any document issued in connection with the sale of the Securities or in the
Securities other than the Trustee’s certificate of authentication. 

  
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 Section 7.05. Notice of Defaults. If a Default occurs and is continuing and if
it is known to the Trustee, the Trustee shall mail to each Securityholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Security (including payments pursuant to
the mandatory redemption provisions of such Security, if any), the Trustee may withhold the notice if and so long as the Trust Officer responsible for administering this Indenture and the Securities in good faith determines that withholding notice
is not opposed to the interests of Securityholders. 
 Section 7.06. Reports by Trustee to Holders. Within sixty
(60) days after [•] of each year, beginning with [•], 2014, the Trustee shall mail to each Securityholder a brief report dated as of [•] of such year, that complies with TIA § 313(a). The Trustee also shall comply with TIA
§ 313(b). 
 A copy of each report at the time of its mailing to Securityholders shall be filed with the SEC and each stock
exchange (if any) on which the Securities are listed. The Company agrees to notify promptly the Trustee whenever the Securities become listed on any stock exchange and of any delisting thereof. 

Section 7.07. Compensation and Indemnity. The Company shall pay to the Trustee from time to time reasonable compensation for
its services, including extraordinary services such as default administration. The Trustee’s compensation shall not be limited by any law on compensation of a trustee of an express trust. The Company shall reimburse the Trustee upon request for
all reasonable out-of-pocket expenses incurred or made by it, including costs of collection, in addition to the compensation for its services. Such expenses shall
include the reasonable compensation and expenses, disbursements and advances of the Trustee’s agents, counsel, accountants and experts. The Company shall indemnify the Trustee against any and all loss, liability or expense (including
attorneys’ fees) arising out of its acceptance of this trust or incurred by it in connection with the administration of this trust and the performance of its duties hereunder, including the costs and expenses of enforcing this Indenture against
the Company (including under Section 7.07). The Trustee shall notify the Company promptly of any claim (whether asserted by any Securityholder or the Company) for which it may seek indemnity. Failure by the Trustee to so notify the Company
shall not relieve the Company of its obligations hereunder. The Company shall defend the claim and the Trustee may have separate counsel and the Company shall pay the fees and expenses of such counsel. The Company need not reimburse any expense or
indemnify against any loss, liability or expense incurred by the Trustee through the Trustee’s own wilful misconduct, negligence or bad faith. 
 To secure the Company’s payment obligations in this Section, the Trustee shall have a lien prior to the Securities 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 Securities. 
 The Company’s payment obligations
pursuant to this Section shall survive the resignation or removal of the Trustee and the discharge of this Indenture. When the Trustee incurs expenses after the occurrence of a Default specified in Section 6.01(7) or (8) with respect to
the Company, the expenses are intended to constitute expenses of administration under the Bankruptcy Law. 

  
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 Section 7.08. Replacement of Trustee. The Trustee may resign at any time by so
notifying the Company. The Holders of a majority in principal amount outstanding of the Securities may remove the Trustee by so notifying the Trustee and may appoint a successor Trustee. A Holder may petition a court of competent jurisdiction to
remove the Trustee in the manner and under the circumstances contemplated by TIA § 310(b)(iii). The Company shall remove the Trustee if: 
 (1) the Trustee fails to comply with Section 7.10; 
 (2) the
Trustee is adjudged bankrupt or insolvent; 
 (3) a receiver or other public officer takes charge of the Trustee
or its property; or 
 (4) the Trustee otherwise becomes incapable of acting. 

If the Trustee resigns, is removed by the Company or by the Holders of a majority in principal amount outstanding of the Securities 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 Company shall promptly appoint a
successor Trustee. 
 A successor Trustee shall deliver a written acceptance of its appointment to the retiring Trustee and to
the Company. 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 Securityholders. The retiring Trustee shall promptly transfer all property held by it as Trustee to the successor Trustee, subject to the lien provided for in Section 7.07. 

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 outstanding of the Securities may petition any court of competent jurisdiction for the appointment of a successor Trustee. 
 If the Trustee fails to comply with Section 7.10, any Securityholder may petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor Trustee.

 Notwithstanding the replacement of the Trustee pursuant to this Section, the Company’s obligations under
Section 7.07 shall continue for the benefit of the retiring Trustee. 
 Section 7.09. Successor Trustee by
Merger. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation
without any further act shall be the successor Trustee. 

  
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 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 Securities 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 Securities so authenticated; and in case at that time any of the Securities shall not have been authenticated, any successor to the Trustee may authenticate such Securities 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 Securities or in this Indenture provided that the certificate of the Trustee shall have. 

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

ARTICLE 8 

Discharge of Indenture; Defeasance 
 Section 8.01. Discharge of Liability on Securities; Defeasance. (a) When either (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced
pursuant to Section 2.07) for cancelation or (ii) all outstanding Securities not theretofore delivered to the Trustee for cancellation: (1) have become due and payable, or (2) will become due and payable at their Stated Maturity within one
year, or (3) 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 Company, and the Company irrevocably deposits
with the Trustee funds sufficient to pay at maturity or upon redemption all outstanding Securities, including interest thereon to maturity or such redemption date (other than Securities replaced pursuant to Section 2.07), and if in either case
the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 8.01(c), cease to be of further effect. The Trustee shall acknowledge satisfaction and discharge of this Indenture on demand of the
Company accompanied by an Officers’ Certificate and an Opinion of Counsel and at the cost and expense of the Company. 

(b) Subject to Sections 8.01(c) and 8.02, the Company at any time may terminate (i) all its obligations under the Securities and
this Indenture (“legal defeasance option”) or (ii) its obligations under Sections 4.02, 4.03, 4.05, 4.06, 4.07, 4.08, 4.09, 4.10, 4.11 and 4.13 and the operation of Sections 6.01(4), 6.01(6), 6.01(7) (but only with respect to
Significant Subsidiaries), 6.01(8) (but only with respect to Significant Subsidiaries), 6.01(9) and 6.01(10) and its obligations under Sections 5.01(iii), (iv) and (v) and under Section 5.02 (“covenant defeasance
option”). The Company may exercise its legal defeasance option notwithstanding its prior exercise of its covenant defeasance option. 

  
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 If the Company exercises its legal defeasance option, payment of the Securities may not be
accelerated because of an Event of Default. If the Company exercises its covenant defeasance option, payment of the Securities may not be accelerated because of an Event of Default specified in Section 6.01(4), 6.01(6), 6.01(7) (but only with
respect to Significant Subsidiaries), 6.01(8) (but only with respect to Significant Subsidiaries), 6.01(9) or 6.01(10) or because of the failure of the Company to comply with Section 5.01(iii), (iv) or (v) or with Section 5.02.
If the Company exercises its legal defeasance option or its covenant defeasance option, each Subsidiary Guarantor shall be released from all its obligations with respect to its Subsidiary Guarantee. 

Upon satisfaction of the conditions set forth herein and upon request of the Company, the Trustee shall acknowledge in writing the
discharge of those obligations that the Company terminates. 
 (c) Notwithstanding clauses (a) and (b) above, the
Company’s obligations in Sections 2.03, 2.04, 2.05, 2.07, 7.07, 7.08 and this Article 8 shall survive until the Securities have been paid in full. Thereafter, the Company’s obligations in Sections 7.07, 8.04 and 8.05 shall survive.

 Section 8.02. Conditions to Defeasance. The Company may exercise its legal defeasance option or its covenant
defeasance option only if: 
 (1) the Company irrevocably deposits in trust with the Trustee money or U.S.
Government Obligations for the payment of principal and interest on the Securities to maturity or redemption, as the case may be; 
 (2) the Company delivers to the Trustee a certificate from a nationally recognized firm of independent accountants expressing its opinion that the payments of principal of and interest when due and
without reinvestment on the deposited U.S. Government Obligations plus any deposited money without investment shall provide cash at such times and in such amounts as shall be sufficient to pay principal and interest when due on all the Securities to
maturity or redemption, as the case may be; 
 (3) 123 days pass after the deposit is made and during the 123-day period no Default specified in Section 6.01(7) or (8) with respect to the Company occurs which is continuing at the end of the period; 

(4) the deposit does not constitute a default under any other agreement binding on the Company and is not prohibited by
Article 10; 
 (5) the Company delivers to the Trustee an Opinion of Counsel to the effect that the trust
resulting from the deposit does not constitute, or is qualified as, a regulated investment company under the Investment Company Act of 1940; 
 (6) in the case of the legal defeasance option, the Company shall have delivered to the Trustee an Opinion of Counsel stating that (i) the Company has received from, or there has been published by,
the Internal Revenue Service a ruling, or (ii) since the date of this Indenture there has been a change in the applicable U.S. Federal income tax 

  
 53 

 
law, in either case to the effect that, and based thereon such Opinion of Counsel shall confirm that, the Securityholders shall not recognize income, gain or loss for U.S. Federal income tax
purposes as a result of such defeasance and shall 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 legal defeasance had not occurred; 

(7) in the case of the covenant defeasance option, the Company shall have delivered to the Trustee an Opinion of Counsel
to the effect that the Securityholders shall not recognize income, gain or loss for U.S. Federal income tax purposes as a result of such covenant defeasance and shall 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 covenant defeasance had not occurred; and 
 (8) the
Company delivers to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions precedent to the defeasance and discharge of the Securities as contemplated by this Article 8 have been complied with.

 Before or after a deposit, the Company may make arrangements satisfactory to the Trustee for the redemption of Securities at
a future date in accordance with Article 3. 
 Section 8.03. Application of Trust Money. The Trustee shall hold in
trust money or U.S. Government Obligations deposited with it pursuant to this Article 8. It shall apply the deposited money and the money from U.S. Government Obligations through the Paying Agent and in accordance with this Indenture to the payment
of principal of and interest on the Securities. Money and securities so held in trust are not subject to Article 10. 

Section 8.04. Repayment to Company. The Trustee and the Paying Agent shall promptly turn over to the Company upon request any
money or securities held by them at any time which, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, are in excess of the amount thereof that
would then be required for the Company to exercise its legal defeasance option or its covenant defeasance option pursuant to this Article 8. 
 Subject to any applicable abandoned property law, the Trustee and the Paying Agent shall pay to the Company upon written request any money held by them for the payment of principal or interest that
remains unclaimed for two years, and, thereafter, Securityholders entitled to the money must look solely to the Company for payment as general creditors. 
 Section 8.05. Indemnity for Government Obligations. The Company shall pay and shall indemnify the Trustee against any tax, fee or other charge imposed on or assessed against deposited U.S.
Government Obligations or the principal and interest received on such U.S. Government Obligations. 
 Section 8.06.
Reinstatement. If the Trustee or Paying Agent is unable to apply any money or U.S. Government Obligations in accordance with this Article 8 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 Company’s obligations under this Indenture and the Securities shall be revived and reinstated as though no deposit had 

  
 54 

 
occurred pursuant to this Article 8 until such time as the Trustee or Paying Agent is permitted to apply all such money or U.S. Government Obligations in accordance with this Article 8;
provided, however, that, if the Company has made any payment of interest on or principal of any Securities because of the reinstatement of its obligations, the Company shall be subrogated to the rights of the Holders of such Securities
to receive such payment from the money or U.S. Government Obligations held by the Trustee or Paying Agent. 
 ARTICLE 9

 Amendments 
 Section 9.01. Without Consent of Holders. The Company, the Subsidiary Guarantors and the Trustee may amend this Indenture or the Securities without notice to or consent of any Securityholder:

 (1) to cure any ambiguity, omission, defect or inconsistency; 

(2) to provide for the assumption by a successor corporation of the obligations of the Company or the Subsidiary Guarantor
under this Indenture as provided in Article 5; 
 (3) to provide for uncertificated Securities in addition to or
in place of certificated Securities; provided, however, that the uncertificated Securities are issued in registered form for purposes of Section 163(f) of the Code; 

(4) to make any change in Article 10 or 12 that would limit or terminate the benefits available to any holder of Senior
Indebtedness of the Company or any Subsidiary Guarantor (or Representatives therefor) under Article 10 or 12; 

(5) to add guarantees with respect to the Securities (including any Subsidiary Guarantee) or to secure the Securities;

 (6) to add to the covenants of the Company for the benefit of the Holders or to surrender any right or power
herein conferred upon the Company or the Subsidiary Guarantors; 
 (7) to comply with any requirements of the SEC
in connection with qualifying this Indenture under the TIA; or 
 (8) to make any change that does not adversely
affect the rights of any Securityholder. 
 An amendment under this Section may not make any change that adversely affects the
rights under Article 10 or 12 of any holder of Senior Indebtedness of the Company or of a Subsidiary Guarantor then outstanding unless the holders of such Senior Indebtedness (or their Representative) consent to such change. 

After an amendment under this Section becomes effective, the Company shall mail to Securityholders a notice briefly describing such
amendment. The failure to give such notice to all Securityholders, or any defect therein, shall not impair or affect the validity of an amendment under this Section. 

  
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 Section 9.02. With Consent of Holders. The Company, the Subsidiary Guarantors
and the Trustee may amend this Indenture or the Securities without notice to any Securityholder but with the written consent of the Holders of at least a majority in principal amount outstanding of the Securities. Without the consent of each
Securityholder affected, however, an amendment may not: 
 (1) reduce the amount of Securities whose Holders must
consent to an amendment; 
 (2) reduce the rate of or extend the time for payment of interest on any Security;

 (3) reduce the principal of or extend the Stated Maturity of any Security; 

(4) reduce the premium payable upon a required purchase (to the extent the Company has at the time become obligated by the
terms of this Indenture to effect a required purchase) or the redemption of any Security or change the date on which any Security may be redeemed in accordance with Article 3 and paragraph 5 of the Securities (except, in any case, for the redemption
notice period); 
 (5) make any Security payable in money other than that stated in the Security; 

(6) impair the right of any Securityholder to receive payment of principal of and interest on such Securityholder’s
Security on or after the due dates therefor or to institute suit for the enforcement of any payment on or with respect to such Securityholder’s Security; 
 (7) make any change in Article 10 or 12 or that adversely affects the rights of any Securityholder under Article 10 or 12; 

(8) make any change in Section 6.04 or 6.07 or the second sentence of this Section; or 

(9) make any change in any Subsidiary Guarantee that could adversely affect the Securityholders. 

It shall not be necessary for the consent of the Holders under this Section to approve the particular form of any proposed amendment, but
it shall be sufficient if such consent approves the substance thereof. 
 An amendment under this Section may not make any
change that adversely affects the rights under Article 10 or 12 of any holder of Senior Indebtedness then outstanding unless the holders of such Senior Indebtedness (or any group or representative thereof authorized to give a consent) consent to
such change. 
 After an amendment under this Section becomes effective, the Company shall mail to Securityholders a notice
briefly describing such amendment. The failure to give such notice to all Securityholders, or any defect therein, shall not impair or affect the validity of an amendment under this Section. 

  
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 Section 9.03. Compliance with Trust Indenture Act. Every amendment to this
Indenture or the Securities shall comply with the TIA as then in effect. 
 Section 9.04. Revocation and Effect of
Consents and Waivers. A consent to an amendment or a waiver by a Holder of a Security shall bind the Holder and every subsequent Holder of that Security or portion of the Security that evidences the same debt as the consenting Holder’s
Security, even if notation of the consent or waiver is not made on the Security. However, any such Holder or subsequent Holder may revoke the consent or waiver as to such Holder’s Security or portion of the Security if the Trustee receives the
notice of revocation before the date the amendment or waiver becomes effective. After an amendment or waiver becomes effective, it shall bind every Securityholder. 
 The Company may, but shall not be obligated to, fix a record date for the purpose of determining the Securityholders 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 Securityholders 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 9.05. Notation on or Exchange of Securities. If an amendment
changes the terms of a Security, the Trustee may require the Holder of the Security to deliver it to the Trustee. The Trustee may place an appropriate notation on the Security regarding the changed terms and return it to the Holder. Alternatively,
if the Company or the Trustee so determines, the Company in exchange for the Security shall issue and the Trustee shall authenticate a new Security that reflects the changed terms. Failure to make the appropriate notation or to issue a new Security
shall not affect the validity of such amendment. 
 Section 9.06. Trustee To Sign Amendments. The Trustee shall sign
any amendment authorized pursuant to this Article 9 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 reasonably satisfactory to it and to receive, and (subject to Section 7.01) shall be fully protected in relying upon, an Officers’ Certificate and an Opinion of Counsel stating that such amendment is
authorized or permitted by this Indenture. 
 Section 9.07. Payment for Consent. Neither the Company nor any
Affiliate of the Company shall, directly or indirectly, pay or cause to be paid any consideration, whether by way of interest, fee or otherwise, to any Holder for or as an inducement to any consent, waiver or amendment of any of the terms or
provisions of this Indenture or the Securities unless such consideration is offered to be paid or agreed to be paid to all Holders that so consent, waive or agree to amend in the time frame set forth in solicitation documents relating to such
consent, waiver or agreement. 

  
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 ARTICLE 10 
 Subordination of the Securities 
 Section 10.01. Agreement To
Subordinate. The Company agrees, and each Securityholder by accepting a Security agrees, that the Indebtedness evidenced by the Securities are senior unsecured, general obligations of the Company, subordinated in right of payment, to the extent
and in the manner provided in this Article 10, to the prior payment of all Senior Indebtedness of the Company, whether outstanding on the Issue Date or thereafter incurred, including the Company’s obligations under the Credit Agreement, and
that the subordination is for the benefit of and enforceable by the holders of such Senior Indebtedness. The Securities shall in all respects rank pari passu with all other Senior Subordinated Indebtedness of the Company, and only
Indebtedness of the Company which is Senior Indebtedness shall rank senior to the Securities in accordance with the provisions set forth herein. All provisions of this Article 10 shall be subject to Section 10.12. 

Section 10.02. Liquidation, Dissolution, Bankruptcy. Upon any payment or distribution of the assets of the Company upon a
total or partial liquidation or a total or partial dissolution of the Company or in a bankruptcy, reorganization, insolvency, receivership or similar proceeding relating to the Company or its property: 

(1) subject to the provisions of Section 10.12, holders of Senior Indebtedness of the Company shall be entitled to
receive payment in full of such Senior Indebtedness before Securityholders shall be entitled to receive any payment of principal of or interest on the Securities; and 

(2) until the Senior Indebtedness of the Company is paid in full, any payment or distribution to which Securityholders
would be entitled but for this Article 10 shall be made to holders of such Senior Indebtedness as their interests may appear, except that Securityholders may receive shares of stock and any debt securities that are subordinated to such Senior
Indebtedness to at least the same extent as the Securities. 
 Section 10.03. Default on Designated Senior
Indebtedness. The Company may not pay the principal of, premium (if any) or interest on the Securities or make any deposit pursuant to Section 8.01 and may not repurchase, redeem or otherwise retire any Securities (collectively,
“pay the Securities”) if (i) any Designated Senior Indebtedness of the Company is not paid when due or (ii) any other default on Designated Senior Indebtedness of the Company occurs and the maturity of such Designated
Senior Indebtedness is accelerated in accordance with its terms unless, in either case, (x) the default has been cured or waived and any such acceleration has been rescinded or (y) such Designated Senior Indebtedness has been paid in full;
provided, however, that the Company may pay the Securities without regard to the foregoing if the Company and the Trustee receive written notice approving such payment from the Representative of the Designated Senior Indebtedness with
respect to which either of the events set forth in clause (i) or (ii) of this sentence has occurred and is continuing. During the continuance of any default (other than a default described in clause (i) or (ii) of the preceding
sentence) with respect to any Designated Senior Indebtedness of the Company pursuant to which the maturity thereof may be accelerated immediately without further notice (except such notice 

  
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as may be required to effect such acceleration) or the expiration of any applicable grace periods, the Company may not pay the Securities for a period (a “Payment Blockage
Period”) commencing upon the receipt by the Trustee (with a copy to the Company) of written notice (a “Blockage Notice”) of such default from the Representative of the holders of such Designated Senior Indebtedness
specifying an election to effect a Payment Blockage Period and ending 179 days thereafter (or earlier if such Payment Blockage Period is terminated (i) by written notice to the Trustee and the Company from the Person or Persons who gave such
Blockage Notice, (ii) because the default giving rise to such Blockage Notice is no longer continuing or (iii) because such Designated Senior Indebtedness has been repaid in full). Notwithstanding the provisions described in the
immediately preceding sentence, unless the holders of such Designated Senior Indebtedness giving such Blockage Notice or the Representative of such holders shall have accelerated the maturity of such Designated Senior Indebtedness, the Company shall
resume payments on the Securities after the end of such Payment Blockage Period. The Securities shall not be subject to more than one Payment Blockage Period in any period of 360 consecutive days, irrespective of the number of defaults with respect
to Designated Senior Indebtedness of the Company during such period. For purposes of this Section, no default or event of default which existed or was continuing on the date of the commencement of any Payment Blockage Period with respect to the
Designated Senior Indebtedness initiating such Payment Blockage Period shall be, or be made, the basis of the commencement of a subsequent Payment Blockage Period by the Representative of such Designated Senior Indebtedness, whether or not within a
period of 360 consecutive days, unless such default or event of default shall have been cured or waived for a period of not less than 90 consecutive days. 
 Section 10.04. Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee (upon receipt of the requisite
information from the Company) shall promptly notify the holders of Designated Senior Indebtedness (or their Representatives) of the Company of the acceleration. 
 Section 10.05. When Distribution Must Be Paid Over. If a distribution is made to Securityholders that because of this Article 10 should not have been made to them, the Securityholders who
receive the distribution shall hold it in trust for holders of Senior Indebtedness of the Company and pay it over to them as their interests may appear. 
 Section 10.06. Subrogation. After all Senior Indebtedness of the Company is paid in full and until the Securities are paid in full, Securityholders shall be subrogated to the rights of holders
of such Senior Indebtedness to receive distributions applicable to such Senior Indebtedness. A distribution made under this Article 10 to holders of Senior Indebtedness of the Company which otherwise would have been made to Securityholders is not,
as between the Company and Securityholders, a payment by the Company on such Senior Indebtedness. 
 Section 10.07.
Relative Rights. This Article 10 defines the relative rights of Securityholders and holders of Senior Indebtedness of the Company. Nothing in this Indenture shall: 

(1) impair, as between the Company and Securityholders, the obligation of the Company, which is absolute and
unconditional, to pay principal of and interest on the Securities in accordance with their terms; or 

  
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 (2) prevent the Trustee or any Securityholder from exercising its available
remedies upon a Default, subject to the rights of holders of Senior Indebtedness of the Company to receive distributions otherwise payable to Securityholders. 
 Section 10.08. Subordination May Not Be Impaired by Company. No right of any holder of Senior Indebtedness of the Company to enforce the subordination of the Indebtedness evidenced by the
Securities shall be impaired by any act or failure to act by the Company or by its failure to comply with this Indenture. 

Section 10.09. Rights of Trustee and Paying Agent. Notwithstanding Section 10.03, the Trustee or Paying Agent may
continue to make payments on the Securities and shall not be charged with knowledge of the existence of facts that would prohibit the making of any such payments unless, not less than two Business Days prior to the date of such payment, a Trust
Officer of the Trustee receives notice satisfactory to it that payments may not be made under this Article 10. The Company, the Registrar or co-registrar, the Paying Agent, a Representative or a holder of
Senior Indebtedness may give the notice; provided, however, that, if an issue of Senior Indebtedness of the Company has a Representative, only the Representative may give the notice. 

The Trustee in its individual or any other capacity may hold Senior Indebtedness of the Company with the same rights it would have if it
were not Trustee. The Registrar and co-registrar and the Paying Agent may do the same with like rights. The Trustee shall be entitled to all the rights set forth in this Article 10 with respect to any such
Senior Indebtedness which may at any time be held by it, to the same extent as any other holder of such Senior Indebtedness; and nothing in Article 7 shall deprive the Trustee of any of its rights as such holder. Nothing in this Article 10 shall
apply to claims of, or payments to, the Trustee under or pursuant to Section 7.07. 
 Section 10.10. Distribution
or Notice to Representative. Whenever a distribution is to be made or a notice given to holders of Senior Indebtedness of the Company, the distribution may be made and the notice given to their Representative (if any). 

Section 10.11. Article 10 Not To Prevent Events of Default or Limit Right To Accelerate. The failure to make a payment
pursuant to the Securities by reason of any provision in this Article 10 shall not be construed as preventing the occurrence of a Default. Nothing in this Article 10 shall have any effect on the right of the Securityholders or the Trustee to
accelerate the maturity of the Securities. 
 Section 10.12. Trust Moneys Not Subordinated. Notwithstanding anything
contained herein to the contrary, payment from the money or the proceeds of U.S. Government Obligations deposited in trust with the Trustee in accordance with the provisions of Article 8 for the payment of principal of and interest on the Securities
shall not be subordinated to the prior payment of any Senior Indebtedness of the Company or subject to the restrictions set forth in this Article 10, and none of the Securityholders shall be obligated to pay over any such amount to the Company or
any holder of such Senior Indebtedness of the Company or any other creditor of the Company. 
 Section 10.13. Trustee
Entitled To Rely. Upon any payment or distribution pursuant to this Article 10, the Trustee and the Securityholders shall be entitled to rely (i) upon 

  
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any order or decree of a court of competent jurisdiction in which any proceedings of the nature referred to in Section 10.02 are pending, (ii) upon a certificate of the liquidating
trustee or agent or other Person making such payment or distribution to the Trustee or to the Securityholders or (iii) upon the Representatives for the holders of Senior Indebtedness of the Company for the purpose of ascertaining the Persons
entitled to participate in such payment or distribution, the holders of such Senior Indebtedness and other Indebtedness of the Company, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts
pertinent thereto or to this Article 10. In the event that the Trustee determines, in good faith, that evidence is required with respect to the right of any Person as a holder of Senior Indebtedness of the Company to participate in any payment or
distribution pursuant to this Article 10, the Trustee may request such Person to furnish evidence to the reasonable satisfaction of the Trustee as to the amount of Senior Indebtedness held by such Person, the extent to which such Person is entitled
to participate in such payment or distribution and other facts pertinent to the rights of such Person under this Article 10, and, if such evidence is not furnished, the Trustee may defer any payment to such Person pending judicial determination as
to the right of such Person to receive such payment. The provisions of Sections 7.01 and 7.02 shall be applicable to all actions or omissions of actions by the Trustee pursuant to this Article 10. 

Section 10.14. Trustee To Effectuate Subordination. Each Securityholder by accepting a Security authorizes and directs the
Trustee on his behalf to take such action as may be necessary or appropriate to acknowledge or effectuate the subordination between the Securityholders and the holders of Senior Indebtedness of the Company as provided in this Article 10 and appoints
the Trustee as attorney-in-fact for any and all such purposes. 
 Section 10.15. Trustee Not Fiduciary for Holders of Senior Indebtedness of the Company. The Trustee shall not be deemed to owe any fiduciary duty to the holders of Senior Indebtedness of the
Company. The Trustee undertakes to perform or to observe only such of the covenants and obligations as are specifically set forth in this Article 10, and no implied covenants or obligations with respect to such holders of such Senior Indebtedness
shall be implied in this Indenture against the Trustee. 
 Section 10.16. Reliance by Holders of Senior Indebtedness of
the Company on Subordination Provisions. Each Securityholder by accepting a Security acknowledges and agrees that the foregoing subordination provisions are, and are intended to be, an inducement and a consideration to each holder of any Senior
Indebtedness of the Company, whether such Senior Indebtedness was created or acquired before or after the issuance of the Securities, to acquire and continue to hold, or to continue to hold, such Senior Indebtedness and such holder of such Senior
Indebtedness shall be deemed conclusively to have relied on such subordination provisions in acquiring and continuing to hold, or in continuing to hold, such Senior Indebtedness. 

ARTICLE 11 

Subsidiary Guarantees 
 Section 11.01. Subsidiary Guarantees. Each Subsidiary Guarantor, jointly and severally, as primary obligor and not merely as surety, hereby irrevocably, fully and unconditionally Guarantees on
a senior subordinated basis to each Holder and to the Trustee and 

  
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its successors and assigns (a) the full and punctual payment of principal of and interest on the Securities when due, whether at Stated Maturity, by acceleration, by redemption or otherwise,
and all other monetary obligations of the Company under this Indenture and the Securities and (b) the full and punctual performance within applicable grace periods of all other obligations of the Company under this Indenture and the Securities
(all the foregoing obligations 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 such Subsidiary Guarantor, and that such Subsidiary Guarantor shall remain bound under this Article 11 notwithstanding any extension or renewal of any such Guaranteed Obligation. 

Each Subsidiary Guarantor waives presentation to, demand of, payment from and protest to the Company of any of the Guaranteed Obligations
and also waives notice of protest for nonpayment. Each Subsidiary Guarantor waives notice of any default under the Securities or the Guaranteed Obligations. The obligations of each Subsidiary Guarantor hereunder shall not be affected by (a) the
failure of any Holder or the Trustee to assert any claim or demand or to enforce any right or remedy against the Company or any other Person under this Indenture, the Securities or any other agreement or otherwise; (b) any extension or renewal
of any thereof; (c) any rescission, waiver, amendment or modification of any of the terms or provisions of this Indenture, the Securities or any other agreement; (d) the release of any security held by any Holder or the Trustee for the
Guaranteed Obligations or any of them; (e) the failure of any Holder or Trustee to exercise any right or remedy against any other guarantor of the Guaranteed Obligations; or (f) except as provided in Section 11.06, any change in the
ownership of such Subsidiary Guarantor. 
 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. 
 Each Subsidiary Guarantee is, to the extent and manner set forth in Article 12, subordinated and subject in
right of payment to the prior payment in full in cash or cash equivalents of all Senior Indebtedness of the Subsidiary Guarantor giving such Subsidiary Guarantee and each Subsidiary Guarantee is hereby made subject to such provisions of this
Indenture. 
 Except as expressly set forth in Sections 8.01(b), 11.02 and 11.06, 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 Securities or any other agreement, by any waiver or modification
of any thereof, by any default, failure or delay, wilful or otherwise, in the performance of the Guaranteed Obligations, or by any other act or thing or omission or delay 

  
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to do any other act or thing which may or might in any manner or to any extent vary the risk of such Subsidiary Guarantor or would otherwise operate as a discharge of such Subsidiary Guarantor as
a matter of law or equity. 
 Each Subsidiary Guarantor further agrees that its Subsidiary Guarantee shall continue to be
effective or be reinstated, as the case may be, if at any time payment, or any part thereof, of principal of or interest on any Guaranteed Obligation is rescinded or must otherwise be restored by any Holder or the Trustee upon the bankruptcy or
reorganization of the Company or otherwise. 
 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 the Company 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 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 law) and
(iii) all other monetary Guaranteed Obligations of the Company to the Holders and the Trustee. 
 Each Subsidiary Guarantor
agrees that it shall not be entitled to any right of subrogation in respect of any Guaranteed Obligations guaranteed hereby until payment in full of all Guaranteed Obligations and all obligations to which the Guaranteed Obligations are subordinated
as provided in Article 12. Each Subsidiary Guarantor further agrees that, as between it, on the one hand, and the Holders and the Trustee, on the other hand, (x) the maturity of the Guaranteed Obligations Guaranteed hereby may be accelerated as
provided in Article 6 for the purposes of such Subsidiary Guarantor’s Subsidiary Guarantee, notwithstanding any stay, injunction or other prohibition preventing such acceleration in respect of the Guaranteed Obligations Guaranteed hereby, and
(y) in the event of any declaration of acceleration of such Guaranteed Obligations as provided in Article 6, such Guaranteed Obligations (whether or not due and payable) shall forthwith become due and payable by such Subsidiary Guarantor for
the purposes of this Section. 
 Each Subsidiary Guarantor also agrees to pay any and all costs and expenses (including
reasonable attorneys’ fees) incurred by the Trustee or any Holder in enforcing any rights under this Section. 

Section 11.02. Limitation on Liability. Any term or provision of this Indenture to the contrary notwithstanding, the maximum,
aggregate amount of the obligations guaranteed hereunder by any Subsidiary Guarantor shall not exceed the maximum amount that can be hereby guaranteed without rendering 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. 

  
 63 

 Section 11.03. Successors and Assigns. This Article 11 shall be binding upon
each Subsidiary Guarantor and its successors and assigns and shall ensure 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 Securities shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions of this Indenture. 

Section 11.04. 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 11 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 11 at law, in equity, by statute or otherwise. 

Section 11.05. Modification. No modification, amendment or waiver of any provision of this Article 11, 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 such Subsidiary Guarantor to any other or further notice or demand in the same, similar or other circumstances. 

Section 11.06. Release of Subsidiary Guarantor. This Subsidiary Guarantee as to any Subsidiary Guarantor shall terminate and
be of no further force or effect (i) upon the sale (including any sale pursuant to any exercise of remedies by a holder of Senior Indebtedness of such Subsidiary Guarantor) or other disposition (including by way of consolidation or merger) of
such Subsidiary Guarantor or (ii) upon the sale or disposition of all or substantially all of the assets of such Subsidiary Guarantor, in each case other than to the Company or an Affiliate of the Company; provided, however, that
such sale or transfer shall be deemed to constitute an Asset Disposition and the Company shall comply with all applicable provisions of Section 4.06 with respect to such Asset Disposition. 

ARTICLE 12 

Subordination of Subsidiary Guarantees 
 Section 12.01. Agreement To Subordinate. Each Subsidiary Guarantor agrees, and each Securityholder by accepting a Security agrees, that the Obligations of such Subsidiary Guarantor under its
Subsidiary Guarantee are subordinated in right of payment, to the extent and in the manner provided in this Article 12, to the prior payment in full in cash or cash equivalents of all Senior Indebtedness of such Subsidiary Guarantor and that the
subordination is for the benefit of and enforceable by the holders of such Senior Indebtedness. The Obligations of each Subsidiary Guarantor under its Subsidiary Guarantee shall in all respects rank pari passu with all other Senior
Subordinated Indebtedness of such Subsidiary Guarantor and only Senior Indebtedness of such Subsidiary Guarantor (including such Subsidiary Guarantor’s Guarantees of Senior Indebtedness of the Company) shall rank senior to the Subsidiary
Guarantee of such Subsidiary Guarantor in accordance with the provisions set forth herein. 

  
 64 

 Section 12.02. Liquidation, Dissolution, Bankruptcy. Upon any payment or
distribution of the assets of any Subsidiary Guarantor to creditors upon a total or partial liquidation or a total or partial dissolution of such Subsidiary Guarantor or in a bankruptcy, reorganization, insolvency, receivership or similar proceeding
relating to such Subsidiary Guarantor or its property: 
 (1) holders of Senior Indebtedness of such Subsidiary
Guarantor shall be entitled to receive payment in full of such Senior Indebtedness in cash or cash equivalents before Securityholders shall be entitled to receive any payment pursuant to the Subsidiary Guarantee of such Subsidiary Guarantor; and

 (2) until the Senior Indebtedness of such Subsidiary Guarantor is paid in full in cash or cash equivalents,
any distribution to which Securityholders would be entitled but for this Article 12 shall be made to holders of such Senior Indebtedness as their interests may appear, except that Securityholders may receive shares of stock and any debt securities
of such Subsidiary Guarantor that are subordinated to Senior Indebtedness, and to any debt securities received by holders of Senior Indebtedness, of such Subsidiary Guarantor to at least the same extent as the Subsidiary Guarantee of such Subsidiary
Guarantor are subordinated to Senior Indebtedness of such Subsidiary Guarantor. 
 Section 12.03. Default on Designated
Senior Indebtedness of Subsidiary Guarantor. No Subsidiary Guarantor may make any payment pursuant to its Subsidiary Guarantee or repurchase, redeem or otherwise retire or defease any Securities or other Obligations (collectively, “pay
its Subsidiary Guarantee”) if (i) any Designated Senior Indebtedness of such Subsidiary Guarantor is not paid when due or (ii) any other default on Designated Senior Indebtedness of such Subsidiary Guarantor occurs and the
maturity of such Designated Senior Indebtedness is accelerated in accordance with its terms unless, in either case, (x) the default has been cured or waived and any such acceleration has been rescinded or (y) such Designated Senior
Indebtedness has been paid in full; provided, however, that such Subsidiary Guarantor may pay its Subsidiary Guarantee without regard to the foregoing if such Subsidiary Guarantor and the Trustee receive written notice approving such
payment from the Representative of the Designated Senior Indebtedness with respect to which either of the events set forth in clause (i) or (ii) of this sentence has occurred and is continuing. During the continuance of any default (other
than a default described in clause (i) or (ii) of the preceding sentence) with respect to any Designated Senior Indebtedness of such Subsidiary Guarantor pursuant to which the maturity thereof may be accelerated immediately without further
notice (except such notice as may be required to effect such acceleration) or the expiration of any applicable grace periods, such Subsidiary Guarantor may not pay its Guarantee for a period (a “Subsidiary Guarantor Payment Blockage
Period”) commencing upon the receipt by the Trustee (with a copy to such Subsidiary Guarantor) of written notice (a “Subsidiary Guarantor Blockage Notice”) of such default from the Representative of the holders of such
Designated Senior Indebtedness specifying an election to effect a Subsidiary Guarantor Payment Blockage Period and ending 179 days thereafter (or earlier if such Subsidiary Guarantor Payment Blockage Period is terminated (i) by written notice
to the Trustee and such Subsidiary Guarantor from the Person or Persons who gave such Subsidiary Guarantor Blockage Notice, (ii) because the default giving rise to such Subsidiary Guarantor Blockage Notice is no longer continuing or
(iii) because such Designated Senior Indebtedness has been repaid in full). Notwithstanding the provisions 

  
 65 

 
described in the immediately preceding sentence (but subject to the provisions contained in the first sentence of this Section), unless the holders of Designated Senior Indebtedness giving such
Subsidiary Guarantor Blockage Notice or the Representative of such holders shall have accelerated the maturity of such Designated Senior Indebtedness, such Subsidiary Guarantor shall resume payments pursuant to its Subsidiary Guarantee after the end
of such Subsidiary Guarantor Payment Blockage Period. A Subsidiary Guarantee shall not be subject to more than one Subsidiary Guarantor Payment Blockage Period in any period of 360 consecutive days, irrespective of the number of defaults with
respect to Designated Senior Indebtedness of such Subsidiary Guarantor during such period. For purposes of this Section, no default or event of default which existed or was continuing on the date of the commencement of any Subsidiary Guarantor
Payment Blockage Period with respect to the Designated Senior Indebtedness initiating such Subsidiary Guarantor Payment Blockage Period shall be, or be made, the basis of the commencement of a subsequent Subsidiary Guarantor Payment Blockage Period
by the Representative of such Designated Senior Indebtedness, whether or not within a period of 360 consecutive days, unless such default or event of default shall have been cured or waived for a period of not less than 90 consecutive days.

 Section 12.04. Demand for Payment. If a demand for payment is made on a Subsidiary Guarantor pursuant to Article
11, the Trustee shall promptly notify the holders of the Designated Senior Indebtedness (or their Representatives) of such Subsidiary Guarantor of such demand. 
 Section 12.05. When Distribution Must Be Paid Over. If a distribution is made to Securityholders that because of this Article 12 should not have been made to them, the Securityholders who
receive the distribution shall hold it in trust for holders of the relevant Senior Indebtedness and pay it over to them or their Representative as their interests may appear. 
 Section 12.06. Subrogation. After all Senior Indebtedness of a Subsidiary Guarantor is paid in full and until the Securities are paid in full, Securityholders shall be subrogated to the rights
of holders of such Senior Indebtedness to receive distributions applicable to Senior Indebtedness. A distribution made under this Article 12 to holders of such Senior Indebtedness which otherwise would have been made to Securityholders is not, as
between the relevant Subsidiary Guarantor and Securityholders, a payment by such Subsidiary Guarantor on such Senior Indebtedness. 
 Section 12.07. Relative Rights. This Article 12 defines the relative rights of Securityholders and holders of Senior Indebtedness of a Subsidiary Guarantor. Nothing in this Indenture shall:

 (1) impair, as between such Subsidiary Guarantor and Securityholders, the obligation of such Subsidiary
Guarantor, which is absolute and unconditional, to pay the Obligations to the extent set forth in Article 11; or 

(2) prevent the Trustee or any Securityholder from exercising its available remedies upon a default by such Subsidiary
Guarantor under its Subsidiary Guarantee, subject to the rights of holders of Senior Indebtedness of such Subsidiary Guarantor to receive distributions otherwise payable to Securityholders. 

  
 66 

 Section 12.08. Subordination May Not Be Impaired by Subsidiary Guarantor. No
right of any holder of Senior Indebtedness of any Subsidiary Guarantor to enforce the subordination of the Obligations of such Subsidiary Guarantor shall be impaired by any act or failure to act by such Subsidiary Guarantor or by its failure to
comply with this Indenture. 
 Section 12.09. Rights of Trustee and Paying Agent. Notwithstanding
Section 12.03, the Trustee or Paying Agent may continue to make payments pursuant to any Subsidiary Guarantee and shall not be charged with knowledge of the existence of facts that would prohibit the making of any such payments unless, not less
than two Business Days prior to the date of such payment, a Trust Officer of the Trustee receives written notice satisfactory to it that payments may not be made under this Article 12. The Company, such Subsidiary Guarantor, the Registrar or co-registrar, the Paying Agent, a Representative or a holder of Senior Indebtedness of such Subsidiary Guarantor may give the notice; provided, however, that, if an issue of Senior Indebtedness of such
Subsidiary Guarantor has a Representative, only the Representative may give the notice. 
 The Trustee in its individual or any
other capacity may hold Senior Indebtedness of any Subsidiary Guarantor with the same rights it would have if it were not Trustee. The Registrar and co-registrar and the Paying Agent may do the same with like
rights. The Trustee shall be entitled to all the rights set forth in this Article 12 with respect to any Senior Indebtedness of any Subsidiary Guarantor which may at any time be held by it, to the same extent as any other holder of such Senior
Indebtedness of such Subsidiary Guarantor; and nothing in Article 7 shall deprive the Trustee of any of its rights as such holder. Nothing in this Article 12 shall apply to claims of, or payments to, the Trustee under or pursuant to
Section 7.07. 
 Section 12.10. Distribution or Notice to Representative. Whenever a distribution is to be made
or a notice given to holders of Senior Indebtedness of any Subsidiary Guarantor, the distribution may be made and the notice given to their Representative (if any). 
 Section 12.11. Article 12 Not To Prevent Defaults Under a Subsidiary Guarantee or Limit Right To Demand Payment. The failure to make a payment pursuant to a Subsidiary Guarantee by reason of
any provision in this Article 12 shall not be construed as preventing the occurrence of a default under such Subsidiary Guarantee. Nothing in this Article 12 shall have any effect on the right of the Securityholders or the Trustee to make a demand
for payment on any Subsidiary Guarantor pursuant to its Subsidiary Guarantee. 
 Section 12.12. Trustee Entitled To
Rely. Upon any payment or distribution pursuant to this Article 12, the Trustee and the Securityholders shall be entitled to rely (i) upon any order or decree of a court of competent jurisdiction in which any proceedings of the nature
referred to in Section 12.02 are pending, (ii) upon a certificate of the liquidating trustee or agent or other Person making such payment or distribution to the Trustee or to the Securityholders or (iii) upon the Representative for
the holders of Senior Indebtedness of any Subsidiary Guarantor for the purpose of ascertaining the Persons entitled to participate in such payment or distribution, the holders of such Senior Indebtedness and other Indebtedness of such Subsidiary
Guarantor, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Article 12. In the event that the Trustee determines, in good faith, that evidence is required with
respect to the right of any Person as a holder of Senior 

  
 67 

 
Indebtedness of such Subsidiary Guarantor to participate in any payment or distribution pursuant to this Article 12, the Trustee may request such Person to furnish evidence to the reasonable
satisfaction of the Trustee as to the amount of Senior Indebtedness of such Subsidiary Guarantor held by such Person, the extent to which such Person is entitled to participate in such payment or distribution and other facts pertinent to the rights
of such Person under this Article 12, and, if such evidence is not furnished, the Trustee may defer any payment to such Person pending judicial determination as to the right of such Person to receive such payment. The provisions of Sections 7.01 and
7.02 shall be applicable to all actions or omissions of actions by the Trustee pursuant to this Article 12. 

Section 12.13. Trustee To Effectuate Subordination. Each Securityholder by accepting a Security authorizes and directs the
Trustee on his behalf to take such action as may be necessary or appropriate to acknowledge or effectuate the subordination between the Securityholders and the holders of Senior Indebtedness of any Subsidiary Guarantor as provided in this Article 12
and appoints the Trustee as attorney-in-fact for any and all such purposes. 
 Section 12.14. Trustee Not Fiduciary for Holders of Senior Indebtedness of Subsidiary Guarantor. The Trustee shall not be deemed to owe any fiduciary duty to the holders of Senior Indebtedness
of any Subsidiary Guarantor and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders or the Company or any other Person, money or assets to which any holders of such Senior Indebtedness shall be
entitled by virtue of this Article 12 or otherwise. 
 Section 12.15. Reliance by Holders of Senior Indebtedness on
Subordination Provisions. Each Securityholder by accepting a Security acknowledges and agrees that the foregoing subordination provisions are, and are intended to be, an inducement and a consideration to each holder of any Senior Indebtedness of
any Subsidiary Guarantor, whether such Senior Indebtedness was created or acquired before or after the issuance of the Securities, to acquire and continue to hold, or to continue to hold, such Senior Indebtedness and such holder of Senior
Indebtedness shall be deemed conclusively to have relied on such subordination provisions in acquiring and continuing to hold, or in continuing to hold, such Senior Indebtedness. 

ARTICLE 13 

Miscellaneous 
 Section 13.01. Trust Indenture Act Controls. If any provision of this Indenture limits, qualifies or conflicts with another provision which is required to be included in this Indenture by the
TIA, the required provision shall control. 
 Section 13.02. Notices. Any notice or communication shall be in
writing and delivered in person or mailed by first-class mail addressed as follows: 
 if to the Company or any Subsidiary
Guarantor: 

  
 68 

 Denbury Resources Inc. 

5320 Legacy Drive 
 Plano, Texas 75024 
 Attention of Corporate Secretary 

if to the Trustee: 
 Wells Fargo Bank, National Association 
 750 N. Saint Paul Place, Suite 1750

 Dallas, TX 75201 
 Attention: Corporate Trust Services 
 The Company or the Trustee by notice to the
other may designate additional or different addresses for subsequent notices or communications. 
 Any notice or communication
mailed to a Securityholder shall be mailed to the Securityholder at the Securityholder’s address as it appears on the registration books of the Registrar and shall be sufficiently given if so mailed within the time prescribed. 

Failure to mail a notice or communication to a Securityholder or any defect in it shall not affect its sufficiency with respect to other
Securityholders. If a notice or communication is mailed in the manner provided above, it is duly given, whether or not the addressee receives it. 
 Section 13.03. Communication by Holders with Other Holders. Securityholders may communicate pursuant to TIA § 312(b) with other Securityholders with respect to their rights under this
Indenture or the Securities. The Company, the Trustee, the Registrar and anyone else shall have the protection of TIA § 312(c). 
 Section 13.04. Certificate and Opinion as to Conditions Precedent. Upon any request or application by the Company to the Trustee to take or refrain from taking any action under this Indenture,
the Company shall furnish to the Trustee: 
 (1) an Officers’ Certificate in form and substance 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 

(2) an Opinion of Counsel in form and substance reasonably satisfactory to the Trustee stating that, in the opinion of
such counsel, all such conditions precedent have been complied with. 
 Section 13.05. Statements Required in
Certificate or Opinion. Each certificate or opinion with respect to compliance with a covenant or condition provided for in this Indenture shall include: 

  
 69 

 (1) a statement that the individual making such certificate or opinion has
read such covenant or condition; 
 (2) 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; 
 (3) 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 

(4) a statement as to whether or not, in the opinion of such individual, such covenant or condition has been complied
with. 
 Any Officers’ Certificate may be based, insofar as it relates to legal matters, upon an Opinion of Counsel, unless any such
Officer knows or in the exercise of reasonable care should have known that such Opinion of Counsel is erroneous. Any Opinion of Counsel may be based, insofar as it relates to factual matters or information with respect to which is in possession of
the Company, upon an Officers’ Certificate, unless such counsel knows or in the exercise of reasonable care should have known that such Officers’ Certificate is erroneous. 

Section 13.06. When Securities Disregarded. In determining whether the Holders of the required principal amount of Securities
have concurred in any direction, waiver or consent, Securities owned by the Company or by any Person directly or indirectly controlling or controlled by or under direct or indirect common control with the Company 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 Securities which the Trustee actually knows are so owned shall be so disregarded. Also,
subject to the foregoing, only Securities outstanding at the time shall be considered in any such determination. 

Section 13.07. Rules by Trustee, Paying Agent and Registrar. The Trustee may make reasonable rules for action by or a meeting
of Securityholders. The Registrar and the Paying Agent may make reasonable rules for their functions. 
 Section 13.08.
Legal Holidays. A “Legal Holiday” is a Saturday, a Sunday or a day on which banking institutions are authorized or required by law to be closed in the State of New York or in the State of Texas. If a payment date is a Legal
Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue with respect to such payment for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be
affected. 
 Section 13.09. Governing Law. This Indenture and the Securities shall be governed by, and construed in
accordance with, the laws of the State of New York. 
 Section 13.10. No Recourse Against Others. A director,
officer, employee or stockholder, as such, of the Company shall not have any liability for any obligations of the Company under the Securities or this Indenture or for any claim based on, in respect of or by reason of such obligations or their
creation. By accepting a Security, each Securityholder shall waive and release all such liability. The waiver and release shall be part of the consideration for the issue of the Securities. 

  
 70 

 Section 13.11. Successors. All agreements of the Company in this Indenture and
the Securities shall bind its successors. All agreements of the Trustee in this Indenture shall bind its successors. 

Section 13.12. Multiple Originals. The parties may sign any number of copies of this Indenture. Each signed copy shall be an
original, but all of them together represent the same agreement. One signed copy is enough to prove this Indenture. 

Section 13.13. Table of Contents; Headings. The table of contents, cross-reference sheet and headings of the Articles and
Sections of this Indenture have been inserted for convenience of reference only, are not intended to be considered a part hereof and shall not modify or restrict any of the terms or provisions hereof. 

Section 13.14. Severability. If any one or more of the provisions contained herein, or the application thereof in any
circumstance, is held invalid, illegal or unenforceable, the validity, legality and enforceability of any such provision in every other respect and of the remaining provisions contained herein shall not be affected or impaired thereby. 

  
 71 

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

			
	DENBURY RESOURCES INC.,
		
	    by	 	  

		 	Name: Mark C. Allen
		 	 Title: Senior Vice President and Chief
           Financial Officer

	
	SUBSIDIARY GUARANTORS:
	
	DENBURY AIR, LLC
		
	    by	 	  

		 	Name: Mark C. Allen
		 	 Title: Senior Vice President and Chief
           Financial Officer

	
	DENBURY GATHERING & MARKETING, INC.,
		
	    by	 	  

		 	Name: Mark C. Allen
		 	 Title: Senior Vice President and Chief
           Financial Officer

	
	DENBURY GREEN PIPELINE – TEXAS, LLC,
		
	    by	 	  

		 	Name: Mark C. Allen
		 	 Title: Senior Vice President and Chief
           Financial Officer

	
	DENBURY GULF COAST PIPELINES, LLC,
		
	    by	 	  

		 	Name: Mark C. Allen
		 	 Title: Senior Vice President and Chief
           Financial Officer

 [Signature Page to Indenture] 

 
			
	DENBURY HOLDINGS, INC.,
		
	By:	 	Denbury Operating Company,
		 	its sole member
		
	    by	 	  

		 	Name: Mark C. Allen
		 	 Title: Senior Vice President and Chief
           Financial Officer

	
	DENBURY ONSHORE, LLC,
		
	    by	 	  

		 	Name: Mark C. Allen
		 	 Title: Senior Vice President and Chief
           Financial Officer

	
	DENBURY OPERATING COMPANY
		
	    by	 	  

		 	Name: Mark C. Allen
		 	 Title: Senior Vice President and Chief
           Financial Officer

	
	DENBURY PIPELINE HOLDINGS, LLC,
		
	    by	 	  

		 	Name: Mark C. Allen
		 	 Title: Senior Vice President and Chief
           Financial Officer

  
 [Signature
Page to Indenture] 

 
			
	GREENCORE PIPELINE COMPANY, LLC,
		
	by	 	  

		 	Name: Mark C. Allen
		 	 Title: Senior Vice President and Chief
           Financial Officer

  
 [Signature
Page to Indenture] 

 
			
	TRUSTEE:
	
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee
		
	by	 	  

		 	Name: Patrick Giordano
		 	 Title: Vice President – Senior Relationship
           Manager

  
 [Signature
Page to Indenture] 

 EXHIBIT 1 
 FORM OF SUPPLEMENTAL INDENTURE 
 SUPPLEMENTAL INDENTURE (this
“Supplemental Indenture”), dated as of , among [SUBSIDIARY GUARANTOR] (the “New Subsidiary Guarantor”), a subsidiary of Denbury Resources Inc. (or its successor) (the “Company”), DENBURY RESOURCES
INC., a Delaware corporation, on behalf of itself and the Subsidiary Guarantors (the “Existing Subsidiary Guarantors”) under the Indenture referred to below, and WELLS FARGO BANK, NATIONAL ASSOCIATION, as trustee under the indenture
referred to below (the “Trustee”). 
 W I T N E S S E T H : 

WHEREAS the Company has heretofore executed and delivered to the Trustee an Indenture (the “Indenture”) dated as of
[•], 2014, providing for the issuance of [•]% Senior Subordinated Notes due 2022 (the “Securities”); 

WHEREAS Section 4.13 of the Indenture provides that under certain circumstances the Company is 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 of the Company’s obligations under the Securities 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, the
Company and Existing Subsidiary Guarantors 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 Company, the Existing Subsidiary Guarantors and the Trustee mutually covenant and agree
for the equal and ratable benefit of the holders of the Securities as follows: 
 1. Definitions. (a) Capitalized
terms used herein without definition shall have the meanings assigned to them in the Indenture. 
 (b) For all purposes of this
Supplement, except as otherwise herein expressly provided or unless the context otherwise requires: (i) the terms and expressions used herein shall have the same meanings as corresponding terms and expressions used in the Indenture; and
(ii) the words “herein,” “hereof” and “hereby” and other words of similar import used in this Supplement refer to this Supplement 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 other Subsidiary Guarantors,
to guarantee the Company’s obligations under the Securities on the terms and subject to the conditions set forth in Article 11 of the Indenture and to be bound by all other applicable provisions of the Indenture. 

 3. 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 Securities heretofore or hereafter authenticated and delivered shall be bound hereby. 
 4.
Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 5. Trustee Makes No Representation. The Trustee makes no representation as to the validity or sufficiency of this Supplemental Indenture. 

6. 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. 
 7. Effect of Headings. The Section headings herein are for
convenience only and shall not effect the construction thereof. 

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

			
	[NEW SUBSIDIARY GUARANTOR],
		
	by	 	  

		 	 Name:

Title:

	
	DENBURY RESOURCES INC., on behalf of itself and the Existing Subsidiary Guarantors,
		
	by	 	  

		 	 Name:

Title:

	
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee,
		
	by	 	  

		 	 Name:

Title:

 EXHIBIT A 
 [FORM OF FACE OF SECURITY] 
 [Global Securities 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 COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY
PAYMENT IS MADE TO CEDE & CO., OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 
 TRANSFERS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN
PART, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE INDENTURE REFERRED TO ON
THE REVERSE HEREOF. 
 CUSIP No. [•] 
 ISIN No. [•] 
 No. [•] $ [•] 

[•]% Senior Subordinated Notes Due 2022 
 Denbury Resources Inc., a Delaware corporation, promises to pay to Cede & Co., or registered assigns, the principal sum of $
                Dollars on [•], 2022. 

Interest Payment Dates: [•] and [•]. 
 Record Dates: [•] and [•]. 

 Additional provisions of this Security are set forth on the other side of this Security.

 Dated: 
  

			
	DENBURY RESOURCES INC.
		
	by	 	  

		 	 Name: Phil Rykhoek
 Title:
Chief Executive Officer

		 	
		 	  

		 	 Name: Mark C. Allen
 Title:
Senior Vice President and Chief Financial
           Officer

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 
 WELLS FARGO BANK, NATIONAL ASSOCIATION 
 as Trustee, certifies that this is one of the
Securities referred to in the Indenture. 
  

			
	by	 	  

		 	Authorized Signatory

  
 2 

 FORM OF REVERSE SIDE OF SECURITY 

[•]% Senior Subordinated Notes Due 2022 
 1. Interest 
 Denbury Resources Inc., a Delaware corporation (such
corporation, and its successors and assigns under the Indenture hereinafter referred to, being herein called the “Company”), promises to pay interest on the principal amount of this Security at the rate per annum shown above. The
Company shall pay interest semiannually on [•] and [•] of each year, commencing [•], 2014. Interest on the Securities shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from
[•], 2012. Interest shall be computed on the basis of a 360-day year of twelve 30-day months. The Company shall pay interest on overdue principal at the rate borne
by the Securities plus 1% per annum, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful. 

2. Method of Payment 

The Company shall pay interest on the Securities (except defaulted interest) to the Persons who are registered holders of Securities at
the close of business on the [•] and [•] next preceding the interest payment date even if Securities are canceled after the record date and on or before the interest payment date. Holders must surrender Securities to a Paying Agent to
collect principal payments. The Company shall pay principal and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Payments in respect of the Securities represented by a Global
Security (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. The Company shall make all payments in respect of a certificated
Security (including principal, premium, if any, and interest) by mailing a check to the registered address of each Holder thereof; provided, however, that payments on a certificated Security shall be made 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 the Paying Agent to such effect designating such account no later than 30 days
immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). 
 3. Paying Agent
and Registrar 
 Initially, Wells Fargo Bank, National Association (the “Trustee”), shall act as Paying Agent and
Registrar. The Company may appoint and change any Paying Agent, Registrar or co-registrar without notice. The Company or any Wholly Owned Subsidiary may act as Paying Agent, Registrar or co-registrar. 
 4. Indenture 
 The Company issued the Securities under an Indenture dated as of [•], 2014 (“Indenture”), among the Company, the Subsidiary Guarantors and the Trustee. The terms of the Securities include
those stated in the Indenture and those made part of the Indenture by reference 

 
to the Trust Indenture Act of 1939 (15 U.S.C. §§ 77aaa-77bbbb) as in effect on the date of the Indenture (the “Act”). Terms defined in the Indenture and not defined
herein have the meanings ascribed thereto in the Indenture. The Securities are subject to all such terms, and Securityholders are referred to the Indenture and the Act for a statement of those terms. 

The Securities are general unsecured obligations of the Company. The Company shall be entitled, subject to its compliance with
Section 4.03 of the Indenture, to issue Additional Securities pursuant to Section 2.13 of the Indenture. The Securities issued on the Issue Date and any Additional Securities shall be treated as a single class for all purposes under the
Indenture. The Indenture contains covenants that limit the ability of the Company and its subsidiaries to incur additional indebtedness; pay dividends or distributions on, or redeem or repurchase capital stock; make investments; engage in
transactions with affiliates; transfer or sell assets; guarantee indebtedness; restrict dividends or other payments of subsidiaries; and consolidate, merge or transfer all or substantially all of its assets and the assets of its subsidiaries. These
covenants are subject to important exceptions and qualifications. 
 5. Optional Redemption 

(a) Optional Redemption. Except as set forth below, the Company shall not be entitled to redeem the Securities prior to [•],
2017. On and after [•], 2017, the Company shall be entitled at its option to redeem all or a portion of the Securities upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed in percentages of principal
amount on the redemption date), plus accrued and unpaid interest to the redemption date (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date), if redeemed during the 12-month period commencing on [•] of the years set forth below: 
  

					
	 Period
	  	Redemption Price	 
	 2017
	  	 	[	•]% 
	 2018
	  	 	[	•]% 
	 2019
	  	 	[	•]% 
	 2020 and thereafter
	  	 	[	•]% 

 (b) Option Redemption Upon Equity Offerings. Prior to [•], 2017, the Company may at its
option on one or more occasions redeem Securities (which includes Additional Securities, if any) in an aggregate principal amount not to exceed 35% of the aggregate principal amount of the Securities (which includes Additional Securities, if any)
originally issued at a redemption price (expressed as a percentage of principal amount) of [•]%, plus accrued and unpaid interest to the redemption date, with the net cash proceeds from one or more Stock Offerings; provided,
however, that 
 (1) at least 65% of such aggregate principal amount of Securities (which includes
Additional Securities, if any) remains outstanding immediately after the occurrence of each such redemption (excluding Securities held, directly or indirectly, by the Company or its Affiliates); and 

  
 2 

 (2) each such redemption occurs within 60 days after the date of the related
Stock Offering. 
 (c) Make-Whole Redemption. At any time prior to [•], 2017, upon not less than 30 nor more than 60
days’ prior notice mailed by first-class mail to each Holder’s registered address, the Company may redeem Securities, in whole or in part, at a redemption price equal to 100% of the principal amount thereof plus the Applicable Premium,
plus accrued and unpaid interest, if any, to 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). 

“Applicable Premium” means, with respect to a Security on any date of redemption, the greater of
(1) 1.0% of the principal amount of such Security and (2) the excess, if any, of (a) the present value as of such date of redemption of (i) the redemption price of such Security on [•], 2017 plus (ii) all required
interest payments due on such Security through [•], 2017 (excluding accrued but unpaid interest to the date of redemption), computed using a discount rate equal to the Treasury Rate as of such date of redemption plus 50 basis points, over
(b) the then-outstanding principal of such Security. 
 “Treasury Rate” means as of any
date of redemption of Securities the yield to maturity at the time of computation 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 the redemption date (or, if such Statistical Release is no longer published, any publicly available source or similar market data)) most nearly equal to the period from the redemption
date to [•], 2017; provided, however, that if the period from the redemption date to [•], 2017 is not equal to the constant maturity of a United States Treasury security for which a weekly average yield is given, the Treasury Rate shall be
obtained by linear interpolation (calculated to the nearest one-twelfth of a year) from the weekly average yields of United States Treasury securities for which such yields are given, except that if the period
from the redemption date to [•], 2017 is less than one year, the weekly average yield on actually traded United States Treasury securities adjusted to a constant maturity of one year shall be used. 

6. Notice of Redemption 

Notice of redemption shall be mailed at least 30 days but not more than 60 days before the redemption date to each Holder of Securities to
be redeemed at its registered address. Securities in denominations larger than $2,000 principal amount may be redeemed in part but only in whole multiples of $1,000 in excess thereof. If money sufficient to pay the redemption price of and accrued
interest on all Securities (or portions thereof) to be redeemed on the redemption date is deposited with the 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 Securities (or such portions thereof) called for redemption. 

  
 3 

 7. Put Provisions  
 Upon a Change of Control, any Holder of Securities shall have the right to cause the Company to repurchase all or any part of the Securities of such Holder at a purchase price equal to 101% of the
principal amount of the Securities to be repurchased on the date of purchase plus accrued and unpaid interest, if any, to 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) as provided in, and subject to the terms of, the Indenture. 
 8. Subordination 

The Securities are subordinated to Senior Indebtedness of the Company, as defined in the Indenture. To the extent provided in the
Indenture, Senior Indebtedness of the Company must be paid in full in cash before the Securities may be paid. The Company agrees, and each Securityholder by accepting a Security agrees, to the subordination provisions contained in the Indenture and
authorizes the Trustee to give it effect and appoints the Trustee as attorney-in-fact for such purpose. 
 9. Guaranties 
 The payment by the Company of the principal of, and premium
(if any) and interest on, the Securities is fully and unconditionally guaranteed on a joint and several senior subordinated basis by each of the Subsidiary Guarantors on the terms set forth in the Indenture. 

10. Denominations; Transfer; Exchange 
 The Securities are in registered form without coupons in denominations of $2,000 principal amount and whole multiples of $1,000. A Holder may transfer or exchange Securities in accordance with the
Indenture. The Registrar may require a Holder, among other things, to furnish appropriate endorsements or transfer documents and to pay any taxes and fees required by law or permitted by the Indenture. The Registrar need not register the transfer of
or exchange any Securities selected for redemption (except, in the case of a Security to be redeemed in part, the portion of the Security not to be redeemed) or any Securities for a period of 15 days before a selection of Securities to be redeemed
or 15 days before an interest payment date. 
 11. Persons Deemed Owners 

The registered Holder of this Security may be treated as the owner of it for all purposes. 

12. Unclaimed Money 
 If
money for the payment of principal, premium (if any) or interest remains unclaimed for two years, the Trustee or Paying Agent shall pay the money back to the Company at its request unless an abandoned property law designates another Person. After
any such payment, Holders entitled to the money must look only to the Company and not to the Trustee for payment. 

  
 4 

 13. Discharge and Defeasance 
 Subject to certain conditions, the Company at any time shall be entitled to terminate some or all of its obligations under the Securities and the Indenture, including the Subsidiary Guarantees, if the
Company deposits with the Trustee money or U.S. Government Obligations for the payment of principal and interest on the Securities to redemption or maturity, as the case may be. 
 14. Amendment, Waiver 
 Subject to certain exceptions set forth in the
Indenture, (i) the Indenture or the Securities may be amended with the written consent of the Holders of at least a majority in principal amount of the Securities then outstanding and (ii) any default or noncompliance with any provisions
may be waived with the written consent of the Holders of at least a majority in principal amount of the Securities then outstanding. Subject to certain exceptions set forth in the Indenture, without notice to or the consent of any Securityholder,
the Company, the Subsidiary Guarantors and the Trustee may amend the Indenture or the Securities to cure any ambiguity, omission, defect or inconsistency, or to comply with Article 5 of the Indenture, or to provide for uncertificated Securities in
addition to or in place of certificated Securities (provided that the uncertificated Securities are issued in registered form for purposes of Section 163(f) of the Code), or to make any change to the subordination provisions of the Indenture
that would limit or terminate the benefits available to any holder of Senior Indebtedness (or its Representative) of the Company or any Subsidiary Guarantor, or to add guarantees (including Subsidiary Guarantees) with respect to the Securities, or
to secure the Securities, or to add to the covenants of the Company for the benefit of the Holders, or to surrender any right or power conferred on the Company or any Subsidiary Guarantor, or to make any change that does not adversely affect the
rights of any Securityholder, or to comply with any requirement of the SEC in connection with qualifying the Indenture under the Act. No amendment may be made to the subordination provisions of the Indenture that adversely affects the rights of any
holder of Senior Indebtedness of the Company or of any Subsidiary Guarantor then outstanding unless the holders of such Senior Indebtedness (or their Representative) consent to such change. 
 15. Defaults and Remedies 
 Under the Indenture, Events of Default include
(i) default for 30 days in payment of interest on the Securities when due; (ii) default in payment of principal on the Securities at maturity, upon redemption pursuant to paragraph 5 of the Securities, upon declaration or acceleration or
otherwise, or failure by the Company to redeem or purchase Securities when required; (iii) failure by the Company to comply with its obligations under certain covenants; (iv) failure by the Company to comply with other agreements in the
Indenture or the Securities, in certain cases subject to notice and lapse of time; (v) certain accelerations (including failure to pay within any grace period after final maturity) of other Indebtedness of the Company or any Significant
Subsidiary (other than Nonrecourse Purchase Money Indebtedness) if the amount accelerated (or so unpaid) exceeds $20.0 million; (vi) certain events of bankruptcy, insolvency or reorganization with respect to the Company or a Significant
Subsidiary; (vii) any judgment or decree for the payment of money in excess of $20.0 million is rendered against the Company or a Significant Subsidiary, remains outstanding for a period of 60 days following such judgment or

  
 5 

 
decree and is not discharged, waived or stayed within 10 days after notice; or (viii) any Subsidiary Guarantee ceases or otherwise fails to be in full force and effect (other than in
accordance with the terms of such Subsidiary Guarantee) or any Subsidiary Guarantor denies or disaffirms its obligations under its Subsidiary Guarantee if such default continues for a period of 10 days after notice thereof to the Company. If an
Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in principal amount of the outstanding Securities may declare the principal of and accrued but unpaid interest on all the Securities to be due and payable
immediately. Certain events of bankruptcy, insolvency or reorganization are Events of Default which shall result in the Securities being due and payable immediately upon the occurrence of such Events of Default. A default under clauses (iv), (v),
(vii) or (viii) shall not constitute an Event of Default until the Trustee or the Holders of 25% in principal amount of the outstanding Securities notifies the Company of the default and the Company does not cure such default within the
time specified after receipt of such notice. 
 Securityholders may not enforce the Indenture or the Securities except as
provided in the Indenture. The Trustee may refuse to enforce the Indenture or the Securities unless it receives reasonable indemnity or security. Subject to certain limitations, Holders of a majority in principal amount of the Securities may direct
the Trustee in its exercise of any trust or power. The Trustee may withhold from Securityholders notice of any continuing Default (except a Default in payment of principal or interest) if it determines that withholding notice is in the interest of
the Holders. 
 16. Trustee Dealings with the Company 
 Subject to certain limitations imposed by the Act, the Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise deal with and
collect obligations owed to it by the Company or its Affiliates and may otherwise deal with the Company or its Affiliates with the same rights it would have if it were not Trustee. 
 17. No Recourse Against Others 
 A director, officer, employee, stockholder,
incorporator, or member, as such, of the Company or any Subsidiary Guarantor shall not have any liability for any obligations of the Company or any Subsidiary Guarantor under the Securities, any Subsidiary Guarantee, or the Indenture or for any
claim based on, in respect of or by reason of such obligations or their creation. By accepting a Security, each Securityholder waives and releases all such liability. The waiver and release are part of the consideration for the issue of the
Securities. 
 18. Authentication 
 This Security 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 Security. 

  
 6 

 19. Abbreviations 
 Customary abbreviations may be used in the name of a Securityholder 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. CUSIP Numbers

 The Company has caused CUSIP numbers to be printed on the Securities and has directed the Trustee to use CUSIP numbers in
notices of redemption as a convenience to Securityholders. No representation is made as to the accuracy of such numbers either as printed on the Securities or as contained in any notice of redemption and reliance may be placed only on the other
identification numbers placed thereon. 
 22. Governing Law 
 THIS SECURITY SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 The Company shall furnish to any Securityholder upon written request and without charge to the Securityholder a copy of the Indenture which has in it the text of this Security in larger type. Requests
may be made to: 
 Denbury Resources Inc. 
 5320 Legacy Drive 
 Plano, Texas 75024 

Attention of Chief Financial Officer 

  
 7 

  
 ASSIGNMENT FORM 
 To assign this Security, fill in the form below: 

I or we assign and transfer this Security 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 Security on the books of the Company. The agent may substitute another to act for him. 

 

			
	Date:                     	  	Your Signature:                     

  
  

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

  
 8 

 [TO BE ATTACHED TO GLOBAL SECURITIES] 

SCHEDULE OF INCREASES OR DECREASES IN GLOBAL SECURITY 
 The following increases or decreases in this Global Security have been made: 
  

									
	 Date of

Exchange
	  	 Amount of decrease
 in
Principal amount
 of this Global

Security
	  	 Amount of increase
 in
Principal amount
 of this Global

Security
	  	 Principal amount of
 this
Global Security
 following such

decrease or
 increase)
	  	 Signature of
 authorized
officer of
 Trustee or Securities

Custodian

 OPTION OF HOLDER TO ELECT PURCHASE 

If you want to elect to have this Security purchased by the Company pursuant to Section 4.07 or 4.09 of the Indenture, check the
box: 
  
  ̈

 If you want to elect to have only part of this Security purchased by the Company pursuant to Section 4.07 or 4.09 of the
Indenture, state the amount in principal amount ($2,000 and any whole multiples of $1,000 in excess thereof): $            . 

 

					
	Dated:                            
            	  	Your Signature:	  	 
		  		  	 Sign exactly as your name appears
 on the other side of this Security.)

			
	Signature Guarantee:	  	 	  	 
		  	(Signature must be guaranteed)	  	

 Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements
of the Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Registrar in addition to,
or in substitution for, STAMP, all in accordance with the United States Securities Exchange Act of 1934, as amended.

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