Document:

EX-4.4

 Exhibit 4.4 
  

 
  

INDENTURE 
 EXTERRAN
ENERGY SOLUTIONS, L.P. and 
 EES FINANCE CORP., as Issuers, 

EXTERRAN CORPORATION, as Parent, 

and 
 EACH OF THE SUBSIDIARY
GUARANTORS PARTY HERETO 
 TO 

WELLS FARGO BANK, NATIONAL ASSOCIATION 

TRUSTEE 
 Dated as of [●]

  
  

 

 TABLE OF CONTENTS 
  

							
	 Article I DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION

	  	 	1	 
	 Section 1.1
	 	 Definitions.
	  	 	1	 
	 Section 1.2
	 	 Rules of Construction.
	  	 	8	 
	 Section 1.3
	 	 Compliance Certificates and Opinions.
	  	 	9	 
	 Section 1.4
	 	 Forms of Documents Delivered to Trustee.
	  	 	9	 
	 Section 1.5
	 	 Acts of Holders.
	  	 	10	 
	 Section 1.6
	 	 Notices, Etc. to Trustee and Issuers.
	  	 	12	 
	 Section 1.7
	 	 Notice to Holders; Waiver.
	  	 	12	 
	 Section 1.8
	 	 Conflict with Trust Indenture Act.
	  	 	13	 
	 Section 1.9
	 	 Effect of Headings and Table of Contents.
	  	 	13	 
	 Section 1.10
	 	 Successors and Assigns.
	  	 	13	 
	 Section 1.11
	 	 Separability Clause.
	  	 	13	 
	 Section 1.12
	 	 Benefits of Indenture.
	  	 	13	 
	 Section 1.13
	 	 Rules by Trustee and Agents.
	  	 	13	 
	 Section 1.14
	 	 Governing Law.
	  	 	13	 
	 Section 1.15
	 	 Legal Holidays.
	  	 	13	 
	 Section 1.16
	 	 Immunity of Incorporators, Stockholders, Officers and
Directors.
	  	 	14	 
	 Section 1.17
	 	 Counterparts.
	  	 	14	 
	 Section 1.18
	 	 Waiver of Jury Trial.
	  	 	14	 
	 Section 1.19
	 	 USA PATRIOT Act.
	  	 	14	 
		
	 Article II SECURITY FORMS
	  	 	15	 
	 Section 2.1
	 	 Forms Generally.
	  	 	15	 
	 Section 2.2
	 	 Form of Trustee’s Certificate of
Authentication.
	  	 	15	 
		
	 Article III THE SECURITIES
	  	 	16	 
	 Section 3.1
	 	 Amount Unlimited; Issuable in Series.
	  	 	16	 
	 Section 3.2
	 	 Denominations.
	  	 	18	 
	 Section 3.3
	 	 Execution, Authentication, Delivery and Dating.
	  	 	19	 
	 Section 3.4
	 	 Temporary Securities.
	  	 	20	 
	 Section 3.5
	 	 Registration, Transfer and Exchange.
	  	 	20	 
	 Section 3.6
	 	 Mutilated, Destroyed, Lost and Stolen Securities.
	  	 	24	 
	 Section 3.7
	 	 Payment of Interest; Interest Rights Preserved.
	  	 	24	 
	 Section 3.8
	 	 Persons Deemed Owners.
	  	 	26	 
	 Section 3.9
	 	 Cancellation.
	  	 	26	 
	 Section 3.10
	 	 Computation of Interest.
	  	 	26	 
	 Section 3.11
	 	 Agreed Tax Treatment.
	  	 	27	 
	 Section 3.12
	 	 CUSIP Numbers.
	  	 	27	 
		
	 Article IV SATISFACTION AND DISCHARGE
	  	 	27	 
	 Section 4.1
	 	 Satisfaction and Discharge of Indenture.
	  	 	27	 
	 Section 4.2
	 	 Application of Trust Money.
	  	 	28	 

  
 i 

							
	 Article V REMEDIES
	  	 	29	 
	 Section 5.1
	 	 Events of Default.
	  	 	29	 
	 Section 5.2
	 	 Acceleration of Maturity; Rescission and
Annulment.
	  	 	31	 
	 Section 5.3
	 	 Collection of Indebtedness and Suits for Enforcement by
Trustee.
	  	 	32	 
	 Section 5.4
	 	 Trustee May File Proofs of Claim.
	  	 	32	 
	 Section 5.5
	 	 Trustee May Enforce Claim Without Possession of
Securities.
	  	 	33	 
	 Section 5.6
	 	 Application of Money Collected.
	  	 	33	 
	 Section 5.7
	 	 Limitation on Suits.
	  	 	34	 
	 Section 5.8
	 	 Unconditional Right of Holders to Receive Principal, Premium and Interest.

	  	 	34	 
	 Section 5.9
	 	 Restoration of Rights and Remedies.
	  	 	35	 
	 Section 5.10
	 	 Rights and Remedies Cumulative.
	  	 	35	 
	 Section 5.11
	 	 Delay or Omission Not Waiver.
	  	 	35	 
	 Section 5.12
	 	 Control by Holders.
	  	 	35	 
	 Section 5.13
	 	 Waiver of Past Defaults.
	  	 	36	 
	 Section 5.14
	 	 Undertaking for Costs.
	  	 	36	 
	 Section 5.15
	 	 Waiver of Usury, Stay or Extension Laws.
	  	 	37	 
		
	 Article VI THE TRUSTEE
	  	 	37	 
	 Section 6.1
	 	 Certain Duties and Responsibilities.
	  	 	37	 
	 Section 6.2
	 	 Notice of Defaults.
	  	 	38	 
	 Section 6.3
	 	 Certain Rights of Trustee.
	  	 	38	 
	 Section 6.4
	 	 Not Responsible for Recitals or Issuance of
Securities.
	  	 	40	 
	 Section 6.5
	 	 May Hold Securities.
	  	 	40	 
	 Section 6.6
	 	 Money Held in Trust.
	  	 	40	 
	 Section 6.7
	 	 Compensation and Indemnity.
	  	 	40	 
	 Section 6.8
	 	 Disqualification; Conflicting Interests.
	  	 	41	 
	 Section 6.9
	 	 Corporate Trustee Required; Eligibility.
	  	 	42	 
	 Section 6.10
	 	 Resignation and Removal; Appointment of
Successor.
	  	 	42	 
	 Section 6.11
	 	 Acceptance of Appointment by Successor.
	  	 	44	 
	 Section 6.12
	 	 Merger, Conversion, Consolidation or Succession to
Business.
	  	 	45	 
	 Section 6.13
	 	 Preferential Collection of Claims Against Any Issuer or
Guarantor.
	  	 	45	 
	 Section 6.14
	 	 Appointment of Authenticating Agent.
	  	 	45	 
		
	 Article VII HOLDER’S LISTS AND REPORTS BY TRUSTEE AND
ISSUERS
	  	 	47	 
	 Section 7.1
	 	 Issuers to Furnish to Trustee Names and Addresses of
Holders.
	  	 	47	 
	 Section 7.2
	 	 Preservation of Information, Communications to
Holders.
	  	 	47	 
	 Section 7.3
	 	 Reports by Trustee.
	  	 	47	 
	 Section 7.4
	 	 Reports by Issuers.
	  	 	48	 
		
	 Article VIII SUCCESSORS
	  	 	48	 
	 Section 8.1
	 	 Merger, Consolidation or Sale of Assets.
	  	 	48	 
	 Section 8.2
	 	 Successor Substituted.
	  	 	50	 

  
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	 Article IX SUPPLEMENTAL INDENTURES
	  	 	51	 
	 Section 9.1
	 	 Supplemental Indentures Without Consent of
Holders.
	  	 	51	 
	 Section 9.2
	 	 Supplemental Indentures with Consent of Holders.
	  	 	52	 
	 Section 9.3
	 	 Execution of Supplemental Indentures.
	  	 	53	 
	 Section 9.4
	 	 Effect of Supplemental Indentures.
	  	 	53	 
	 Section 9.5
	 	 Conformity with Trust Indenture Act.
	  	 	54	 
	 Section 9.6
	 	 Reference in Securities to Supplemental
Indentures.
	  	 	54	 
		
	 Article X COVENANTS
	  	 	54	 
	 Section 10.1
	 	 Payment of Principal, Premium and Interest.
	  	 	54	 
	 Section 10.2
	 	 Maintenance of Office or Agency.
	  	 	54	 
	 Section 10.3
	 	 Money for Securities Payments to be Held in
Trust.
	  	 	55	 
	 Section 10.4
	 	 Statement as to Compliance.
	  	 	56	 
	 Section 10.5
	 	 Waiver of Certain Covenants.
	  	 	56	 
		
	 Article XI REDEMPTION OF SECURITIES
	  	 	56	 
	 Section 11.1
	 	 Applicability of this Article.
	  	 	56	 
	 Section 11.2
	 	 Election to Redeem; Notice to Trustee.
	  	 	57	 
	 Section 11.3
	 	 Selection of Securities to be Redeemed.
	  	 	57	 
	 Section 11.4
	 	 Notice of Redemption.
	  	 	57	 
	 Section 11.5
	 	 Deposit of Redemption Price.
	  	 	58	 
	 Section 11.6
	 	 Payment of Securities Called for Redemption.
	  	 	58	 
		
	 Article XII SINKING FUNDS
	  	 	59	 
	 Section 12.1
	 	 Applicability of Article.
	  	 	59	 
	 Section 12.2
	 	 Satisfaction of Sinking Fund Payments with
Securities.
	  	 	59	 
	 Section 12.3
	 	 Redemption of Securities for Sinking Fund.
	  	 	60	 
		
	 Article XIII REPAYMENT AT THE OPTION OF
HOLDERS
	  	 	61	 
	 Section 13.1
	 	 Applicability of Article.
	  	 	61	 
	 Section 13.2
	 	 Repayment of Securities.
	  	 	61	 
	 Section 13.3
	 	 Exercise of Option; Notice.
	  	 	61	 
	 Section 13.4
	 	 Securities Payable on the Repayment Date.
	  	 	62	 
		
	 Article XIV DEFEASANCE AND COVENANT
DEFEASANCE
	  	 	62	 
	 Section 14.1
	 	 Applicability of Article; Issuers’ Option to Effect Defeasance
 or Covenant Defeasance.
	  	 	62	 
	 Section 14.2
	 	 Defeasance and Discharge.
	  	 	63	 
	 Section 14.3
	 	 Covenant Defeasance.
	  	 	63	 
	 Section 14.4
	 	 Conditions to Defeasance and Covenant
Defeasance.
	  	 	64	 
	 Section 14.5
	 	 Deposited Money and Government Obligations to be Held in Trust; Other
 Miscellaneous Provisions.
	  	 	65	 
	 Section 14.6
	 	 Reinstatement.
	  	 	66	 
		
	 Article XV GUARANTEES
	  	 	66	 
	 Section 15.1
	 	 Guarantee.
	  	 	66	 
	 Section 15.2
	 	 Limitation of Guarantor Liability.
	  	 	67	 
	 Section 15.3
	 	 Notation of Guarantee Not Required.
	  	 	68	 
	 Section 15.4
	 	 Releases.
	  	 	68	 

  
 iii 

 Certain Sections of this Indenture relating to Sections 310 through 318, inclusive, of the
Trust Indenture Act of 1939: 
  

			
	 TRUST INDENTURE ACT SECTION
	  	 INDENTURE SECTION

	§ 310(a)(1), (2) and (5)	  	6.9
	         (a)(3)	  	Not Applicable
	         (a)(4)	  	Not Applicable
	         (b)	  	6.8, 6.10
	         (c)	  	Not Applicable
	§ 311(a)	  	6.13
	         (b)	  	6.13
	§ 312(a)	  	7.1, 7.2(a)
	         (b)	  	7.2(b)
	         (c)	  	7.2(c)
	§ 313(a)	  	7.3(a), 7.3(b)
	         (b)	  	7.3(b)
	         (c)	  	7.3(a), 7.3(b)
	         (d)	  	7.3(c)
	§ 314(a)(1), (2) and (3)	  	7.4
	         (a)(4)	  	10.4
	         (b)	  	Not Applicable
	         (c)(1)	  	1.3
	         (c)(2)	  	1.3
	         (c)(3)	  	Not Applicable
	         (d)	  	Not Applicable
	         (e)	  	1.3
	         (f)	  	Not Applicable
	§ 315(a)	  	6.1
	         (b)	  	6.2
	         (c)	  	6.1
	         (d)	  	6.1
	         (e)	  	5.14
	§ 316(a)	  	1.1
	         (a)(1)(A)	  	5.12
	         (a)(1)(B)	  	5.13
	         (a)(2)	  	Not Applicable
	         (b)	  	5.8
	         (c)	  	1.5(e)
	§ 317(a)(1)	  	5.3
	         (a)(2)	  	5.4
	         (b)	  	10.3
	§ 318(a)	  	1.8

 Note: This reconciliation and tie shall not, for any purpose, be deemed to be a part of the Indenture. 

  
 iv 

 INDENTURE, dated as of [●], among Exterran Energy Solutions, L.P., a Delaware
limited partnership, EES Finance Corp., a Delaware corporation, Exterran Corporation, a Delaware corporation, the Subsidiary Guarantors (as defined below) party hereto and Wells Fargo Bank, National Association, a national banking association, as
Trustee (as defined below). 
 Each party agrees as follows for the benefit of the other parties and for the equal and ratable benefit of
the holders of the debt securities to be issued from time to time in one or more series as provided in this Indenture (as defined below): 

Article I 

DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION 

Section 1.1 Definitions. 

“Act” has the meaning specified in Section 1.5. 

“Additional Interest” means the interest, if any, that shall accrue on any interest on the Securities of any series the
payment of which has not been made on the applicable Interest Payment Date and that shall accrue at the rate per annum specified or determined as specified in such Security. 

“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 specified 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 corresponding to the foregoing. 

“Authenticating Agent” means any Person authorized by the Trustee pursuant to Section 6.14 to act on behalf of the
Trustee to authenticate Securities of one or more series. 
 “Bankruptcy Law” means Title 11 of the United States Code or
any similar federal, state or foreign law for the relief of debtors. 
 “Board of Directors” means, with respect to any
Person, the board of directors, managers or trustees or other governing body serving a similar function, or any duly authorized committee of any of the foregoing, of such Person (or, if such Person is a partnership or limited liability company that
does not have a board of directors, managers or trustees or other governing body serving a similar function, the have a board of directors, managers or trustees or other governing body serving a similar function, or any duly authorized committee of
any of the foregoing, of any direct or indirect general partner or managing member, as the case may be, of such Person). 
 “Board
Resolution” means, with respect to any Person, a copy of a resolution certified by the secretary or any assistant secretary of such Person (or if such Person is a partnership or limited liability company, the general partner of such Person,
any direct or indirect general partner or managing member, as the case may be, of such Person) as having been duly adopted by the Board of Directors of such Person and remaining in full force and effect on the date of such certification, and
delivered to the Trustee. 

  
 1 

 “Business Day” means each day that is not a Saturday, Sunday or other day
on which banking institutions in Houston, Texas, or New York, New York are authorized or required by law, regulation or executive order to close. 

“Capital Stock” of any Person means any and all shares, rights, participations or other equivalents of or interests in
(however designated) the equity of such Person, but excluding in each case any debt securities convertible into such equity. 

“Code” means the Internal Revenue Code of 1986, as amended, as in effect from time to time, and any successor thereto. 

“Commission” means the Securities and Exchange Commission, as from time to time constituted, created under the Exchange Act,
or if at any time after the execution of this instrument such Commission is not existing and performing the duties now assigned to it under the Trust Indenture Act, then the body performing such duties on such date. 

“Company” means Exterran Energy Solutions, L.P. until a successor Person shall have become such pursuant to the applicable
provisions of this Indenture, and thereafter “Company” shall mean such successor Person. 
 “Corporate Trust
Office” means the office of the Trustee in Dallas, Texas at which at any particular time its corporate trust business in relation to the Securities of any series shall be administered, which office on the date hereof is located at 1445 Ross
Avenue, Suite 4300, MAC T9216-430, Dallas, Texas 75202, except with respect to payments on, or registrations of transfers of or exchanges of, the Securities of any series, in which case such office of the
Trustee shall be its corporate trust office in New York, New York, which office on the date hereof is located at 150 East 42nd Street, New York, New York 10017, or in any case such other address as the Trustee may designate from time to time by
notice to the Holders, the Issuers and any Guarantors, or the principal corporate trust office of any successor Trustee (or such other address as such successor Trustee may designate from time to time by notice to the Holders, the Issuers and any
Guarantors). 
 “corporation” includes a corporation, association, company, joint-stock company or business trust. 

“covenant defeasance” has the meaning specified in Section 14.3. 

“Defaulted Interest” has the meaning specified in Section 3.7. 

“defeasance” has the meaning specified in Section 14.2. 

“Depositary” means, with respect to the Securities of any series issuable or issued in whole or in part in the form of one or
more Global Securities, the Person designated as Depositary by the Issuers pursuant to Section 3.1 with respect to such series (or any successor thereto). 

  
 2 

 “Discount Security” means any security that provides for an amount less
than the principal amount thereof to be due and payable upon a declaration of acceleration of the Maturity thereof pursuant to Section 5.2. 

“Dollar” or “$” means the currency of the United States of America that, as at the time of payment, is legal
tender for the payment of public and private debts. 
 “DTC” means The Depository Trust Company. 

“Event of Default” has the meaning specified in Section 5.1. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder,
as in effect from time to time, or any successor thereto. 
 “Expiration Date” has the meaning specified in
Section 1.5. 
 “Finance Corp.” means EES Finance Corp. until a successor Person shall have become such pursuant to
the applicable provisions of this Indenture, and thereafter “Finance Corp.” shall mean such successor Person. 

“GAAP” means with respect to any computations required or permitted under this Indenture, generally accepted accounting
principles in effect in the United Sates as in effect from time to time; provided, that, if the Parent is required by the Commission to adopt (or is permitted to adopt and so adopts) a different accounting framework, including the
International Financial Reporting Standards, “GAAP” shall mean such new accounting framework as in effect from time to time, including, in each case, those accounting principles set forth in the opinions and pronouncements of the
Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entity as approved by a significant segment
of the accounting profession. 
 “Global Security” means a Security evidencing all or part of a series of Securities,
issued to the Depositary or its nominee for such series, and registered in the name of such Depositary or its nominee. 

“Guarantee” means the full and unconditional guarantee provided by each applicable Guarantor in respect of the applicable
Securities of any series as made applicable to such Securities in accordance with the provisions of Articles III and XV. 

“Guarantor” means, with respect to any Guarantee of a series of Securities, the Parent and each Subsidiary Guarantor who has
provided such Guarantee; provided, in each case, that upon the release or discharge of the Parent or any Subsidiary Guarantor from such Guarantee, such Person shall cease to be a Guarantor with respect to such Guarantee for all purposes under
this Indenture. 
 “Holder” means any Person in whose name a Security is registered in the Securities Register. 

  
 3 

 “Indebtedness” of any specified Person means, without duplication, any
indebtedness, whether or not contingent, in respect of borrowed money or that is evidenced by bonds, notes, debentures or similar instruments or letters of credit (or reimbursement agreements with respect thereto) or representing the balance
deferred and unpaid of the purchase price of any Property (including pursuant to any acquisition or lease of real property or equipment by such Person for use in its business that is required to be recorded as a capital lease in accordance with
GAAP), except any such balance that constitutes an accrued expense or trade payable, if and to the extent any of the foregoing indebtedness would appear as a liability upon an unconsolidated balance sheet of such person (but does not include
contingent liabilities which appear only in a footnote to a balance sheet). In addition, the following items shall also constitute “Indebtedness,” whether or not any such items would appear as a liability on a balance sheet of the
specified Person in accordance with GAAP: 
 (1) all Indebtedness of others secured by a mortgage, security interest, pledge,
lien, charge or other encumbrance on any asset of the specified Person (whether or not such Indebtedness is assumed by the specified Person); and 

(2) to the extent not otherwise included, any guarantee by the specified Person of Indebtedness of any other Person. 

“Indenture” means this instrument as originally executed and as it may from time to time be supplemented or amended by one or
more indentures supplemental hereto entered into pursuant to the applicable provisions hereof, including, for all purposes of this instrument and any such supplemental indenture, the provisions of the Trust Indenture Act that are deemed to be a part
of and govern this instrument and any such supplemental indenture, respectively. The term Indenture shall also include the terms of each particular series of Securities established as contemplated by Section 3.1. 

“Interest Payment Date” means, as to each series of Securities, the Stated Maturity of an installment of interest on such
Securities. 
 “Issuers” means each of the Company and Finance Corp.; provided, however, that, with respect
to the Securities of any series issued under this Indenture that are to be issued pursuant to Section 3.1 by only one of the Company and Finance Corp., the term “Issuers” and all references in this Indenture to the term
“Issuer” or “Issuers” shall be interpreted to refer only to the Person issuing such Securities. 
 “Issuer
Order” or “Issuer Request” mean, respectively, a written order or request signed in the name of each Issuer by an officer of each Issuer and delivered to the Trustee. 

“Maturity” means, when used with respect to any Security, the date on which the principal of such Security or an installment
of principal becomes due and payable as therein or herein provided, whether at the Stated Maturity or by declaration of acceleration, call for redemption, repayment at the option of the Holder or otherwise. 

“Notice of Default” means a written notice of the kind specified in Section 6.2. 

  
 4 

 “Officer” means, with respect to any Person, the Chairman of the Board, the
Chief Executive Officer, the President, the Chief Operating Officer, the Chief Financial Officer, the Treasurer, any Assistant Treasurer, the Controller, the Secretary, any Assistance Secretary or any Vice President (however designated) of such
Person or, if such Person is a partnership or limited liability company that does not have officers, of any direct or indirect general partner or managing member, as the case may be, of such Person. 

“Officers’ Certificate” means, with respect to any Person, a certificate signed by two Officers of such Person (or, in
the case of the Issuers, signed on behalf of each Issuer by two of its Officers). 
 “Opinion of Counsel” means a written
opinion of counsel, who may be counsel for or an employee of either Issuer or an Affiliate of either Issuer, or other counsel reasonably acceptable to the Trustee. 

“Original Issue Date” means the date of issuance specified as such in each Security. 

“Outstanding” means, when used in reference to the Securities of any series, as of the date of determination, all such
Securities theretofore authenticated and delivered under this Indenture, except: 
 (1) Securities theretofore cancelled by
the Trustee or delivered to the Trustee for cancellation; 
 (2) Securities for whose payment or redemption money in the
necessary amount has been theretofore deposited with the Trustee or any Paying Agent in trust for the Holders of such Securities; provided that if such Securities are to be redeemed, notice of such redemption has been duly given pursuant to
this Indenture or provision therefor satisfactory to the Trustee has been made; 
 (3) Securities, except solely to the
extent provided in Sections 14.2 or 14.3, as applicable, with respect to which the Issuers have effected defeasance or covenant defeasance as provided in Article XIV; and 

(4) Securities in substitution for or in lieu of which other Securities have been authenticated and delivered or that have been
paid pursuant to Section 3.6, unless proof satisfactory to the Trustee is presented that any such Securities are held by a protected purchaser, as such term is defined in Section 8-303 of the Uniform
Commercial Code of New York; 
 provided, however, that in determining whether the Holders of the requisite principal amount of Outstanding
Securities have given any request, demand, authorization, direction, notice, consent or waiver hereunder, (A) the principal amount of a Discount Security that shall be deemed to be Outstanding shall be the amount of the principal thereof that
would be due and payable as of such date upon acceleration of the Maturity thereof to such date pursuant to Section 5.2, (B) if, as of such date, the principal amount payable at the Stated Maturity of a Security is not determinable, the
principal amount of such Security that shall be deemed to be Outstanding shall 

  
 5 

 
be the amount as specified or determined as contemplated by Section 3.1, (C) the principal amount of a Security denominated in one or more foreign currencies or currency units that shall be
deemed to be Outstanding shall be the Dollar equivalent, determined as of such date in the manner provided as contemplated by Section 3.1, of the principal amount of such Security (or, in the case of a Security described in Clause (A) or
(B) above, of the amount determined as provided in such Clause), and (D) Securities owned by either Issuer or any other obligor upon the Securities or any Affiliate of either Issuer or such other obligor shall be disregarded and deemed not to
be Outstanding, except that, in determining whether the Trustee shall be protected in relying upon any such request, demand, authorization, direction, notice, consent or waiver, only Securities that a Responsible Officer of the Trustee actually
knows to be so owned shall be so disregarded. Securities so owned that have been pledged in good faith may be regarded as Outstanding if the pledgee establishes to the satisfaction of the Trustee the pledgee’s right so to act with respect to
such Securities and that the pledgee is not an Issuer or any other obligor upon the Securities or any Affiliate of either Issuer or such other obligor. Upon the written request of the Trustee, the Issuers shall furnish to the Trustee promptly an
Officers’ Certificate listing and identifying all Securities, if any, known by the Issuers to be owned or held by or for the account of either Issuer, or any other obligor on the Securities or any Affiliate of either Issuer or such obligor,
and, subject to the provisions of Section 6.1, the Trustee shall be entitled to accept such Officers’ Certificate as conclusive evidence of the facts therein set forth and of the fact that all Securities not listed therein are Outstanding
for the purpose of any such determination. 
 “Parent” means Exterran Corporation until a successor Person shall have
become such pursuant to the applicable provisions of this Indenture, and thereafter “Parent” shall mean such successor Person. 

“Paying Agent” means the Trustee or any Person authorized by the Issuers to pay or deliver the principal of (and premium, if
any) or interest on any Securities on behalf of the Issuers. 
 “Person” means a legal person, including any individual,
corporation, estate, partnership, joint venture, limited liability company, trust, unincorporated organization or government or any agency or political subdivision thereof or any other entity of whatever nature. 

“Place of Payment” means, with respect to the Securities of any series, the place or places where the principal of (and
premium, if any) and interest on the Securities of such series are payable pursuant to Section 3.1. 
 “Predecessor
Security” means, with respect to any particular Security, every previous Security evidencing all or a portion of the same debt as that evidenced by such particular Security; and, for the purposes of this definition, any security
authenticated and delivered under Section 3.6 in exchange for or in lieu of a mutilated, destroyed, lost or stolen Security shall be deemed to evidence the same debt as the mutilated, destroyed, lost or stolen Security. 

“Property” means any property or asset, whether real, personal or mixed, or tangible or intangible, including Capital Stock.

  
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 “Redemption Date” means, with respect to any Security to be redeemed, the
date fixed for such redemption by or pursuant to this Indenture. 
 “Redemption Price” means, with respect to any Security
to be redeemed, the price at which it is to be redeemed pursuant to this Indenture. 
 “Regular Record Date” means, for the
interest payable on any Interest Payment Date on the Registered Securities of or within any series, the date specified for that purpose as contemplated by Section 3.1, whether or not a Business Day. 

“Repayment Date” means, with respect to any Security to be repaid upon exercise of an option for repayment by the Holder, the
date fixed for such repayment pursuant to this Indenture. 
 “Repayment Price” means, with respect to any Security to be
repaid upon exercise of an option for repayment by the Holder, the price at which it is to be repaid pursuant to this Indenture. 

“Responsible Officer” means, when used with respect to the Trustee, any officer within the Corporate Trust Administration of
the Trustee (or any successor group of the Trustee) with direct responsibility for the administration of this Indenture, or any other officer of the Trustee customarily performing functions similar to those performed by such officers within the
Corporate Trust Administration of the Trustee (or any successor group of the Trustee), and also means, with respect to a particular corporate trust matter, any other officer to whom such matter is referred because of such other officer’s
knowledge of and familiarity with the particular subject and who shall have direct responsibility for the administration of this Indenture 

“Security” means any debt security authenticated and delivered under this Indenture. 

“Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder, as in
effect from time to time, or any successor thereto. 
 “Securities Register” and “Securities Registrar”
have the respective meanings specified in Section 3.5. 
 “Special Record Date” means a date fixed by the Issuers
pursuant to Section 3.7 for the payment of any Defaulted Interest. 
 “Stated Maturity” means, with respect to any
Security or any installment of principal thereof or interest thereon, the date specified pursuant to the terms of such Security as the date on which the principal of such Security or such installment of principal or interest is due and payable. 

“Subsidiary” means, with respect to any Person, any corporation, association, partnership or other business entity of which
more than 50% of the total voting power 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 (1) such Person, (2) such Person and one or more Subsidiaries of such Person or (3) one or more Subsidiaries of such Person. 

  
 7 

 “Subsidiary Guarantor” means each Subsidiary of the Parent that
provides a Guarantee in accordance with the provisions of this Indenture and each successor and assign of each such Subsidiary; provided, in each case, that upon the release or discharge of any Subsidiary from its respective Guarantee, such
Person shall cease to be a Subsidiary Guarantor for all purposes under this Indenture. 
 “Trustee” means Wells Fargo Bank,
National Association, until a successor Trustee shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Trustee” shall mean or include each Person who is then a Trustee hereunder and, if at any time
there is more than one such Person, “Trustee” as used with respect to the Securities of any series shall mean the Trustee with respect to Securities of that series. 

“Trust Indenture Act” means the Trust Indenture Act of 1939, as amended, and the rules and regulations promulgated
thereunder, as in effect from time to time, or any successor thereto. 
 “U.S. Government Obligation” means U.S. government
or U.S. government agency notes or bonds. 
 Section 1.2 Rules of Construction. 

For all purposes of this Indenture, except as otherwise expressly provided or unless the context otherwise requires: 

(1) the terms defined in this Article have the meanings assigned to them in this Article, and include the plural as well as the
singular; 
 (2) “or” is not exclusive; 

(3) all other terms used herein that are defined in the Trust Indenture Act, either directly or by reference therein, have the
meanings assigned to them therein; 
 (4) all accounting terms not otherwise defined herein have the meanings assigned to
them in accordance with GAAP; 
 (5) the words “herein,” “hereof” and “hereunder” and other
words of similar import refer to this Indenture as a whole and not to any particular Article, Section or other subdivision; 

(6) the words “include” or “including” shall be interpreted as if they were followed by the words
“without limitation;” and 
 (7) any reference to an “Article,” a “Section” or a
“Subsection” refers to an Article, Section or Subsection, as the case may be, of this Indenture; and 

  
 8 

 (8) any reference to sections of or rules under the Securities Act, Exchange
Act or Trust Indenture Act will be deemed to include substitute, replacement or successor sections or rules adopted by the Commission from time to time. 

Section 1.3 Compliance Certificates and Opinions. 

Upon any application or request by the Issuers to the Trustee to take any action under any provision of this Indenture, the Issuers shall
furnish to the Trustee such certificates and opinions as may be required under the Trust Indenture Act. Each such certificate or opinion shall be given in the form of an Officers’ Certificate, if to be given by an officer of either Issuer, or
an Opinion of Counsel, if to be given by counsel, and shall comply with the requirements of the Trust Indenture Act and any other requirements set forth in this Indenture. 

Every certificate or opinion with respect to compliance with a condition or covenant provided for in this Indenture (other than the
certificates provided pursuant to Section 10.4) shall include: 
 (1) a statement that each individual signing such
certificate or opinion has read such covenant or condition and the definitions herein relating thereto; 
 (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 each such individual, he or she has made such examination or investigation as is
necessary to enable him or her 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, in the opinion of each such individual, such condition or covenant has been complied with. 

Section 1.4 Forms of Documents Delivered to Trustee. 

In any case where several matters are required to be certified by, or covered by an opinion of, any specified Person, it is not necessary that
all such matters be certified by, or covered by the opinion of, only one such Person, or that they be so certified or covered by only one document, but one such Person may certify or give an opinion with respect to some matters and one or more other
such Persons as to other matters, and any such Person may certify or give an opinion as to such matters in one or several documents. 
 Any
certificate or opinion of an officer of either Issuer or, as applicable, any Guarantor may be based, insofar as it relates to legal matters, upon a certificate or opinion of, or representations by, counsel, unless such officer knows, or in the
exercise of reasonable care should know, that the certificate or opinion or representations with respect to the matters upon which such officer’s certificate or opinion is based are erroneous. Any such certificate or opinion of counsel may be
based, insofar as it relates to factual matters, upon a certificate or opinion of, or representations by, an officer or officers of either Issuer or, as applicable, any Guarantor stating that the information with respect to such factual matters is
in the possession of such Issuer or, as applicable, any Guarantor, unless such counsel knows, or in the exercise of reasonable care should know, that the certificate or opinion or representations with respect to such matters are erroneous. 

  
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 Where any Person is required to make, give or execute two or more applications, requests,
consents, certificates, statements, opinions or other instruments under this Indenture, they may, but need not, be consolidated and form one instrument. 

Section 1.5 Acts of Holders. 

(a) Any request, demand, authorization, direction, notice, consent, waiver or other action provided or permitted by this Indenture to be given,
made or taken by Holders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Holders in person or by an agent duly appointed in writing; and, except as herein otherwise expressly provided, such
action shall become effective when such instrument or instruments is or are delivered to the Trustee, and, where it is hereby expressly required, to the Issuers. Such instrument or instruments (and the action embodied therein and evidenced thereby)
are herein sometimes referred to as the “Act” of the Holders signing such instrument or instruments. Proof of execution of any such instrument or of a writing appointing any such agent shall be sufficient for any purpose of this
Indenture and (subject to Section 6.1) conclusive in favor of the Trustee and the Issuers, if made in the manner provided in this Section 1.5. 

(b) The fact and date of the execution by any Person of any such instrument or writing may be proved by the affidavit of a witness of such
execution or by the certificate of any notary public or other officer authorized by law to take acknowledgments of deeds, certifying that the individual signing such instrument or writing acknowledged to him the execution thereof. Where such
execution is by a Person acting in other than his or her individual capacity, such certificate or affidavit shall also constitute sufficient proof of his or her authority. The fact and date of the execution by any Person of any such instrument or
writing, or the authority of the Person executing the same, may also be proved in any other manner that the Trustee deems sufficient. 
 (c)
The ownership of Securities of any series shall be proved by the Securities Register. 
 (d) Any request, demand, authorization, direction,
notice, consent, waiver or other Act of the Holder of any Security shall bind every future Holder of the same Security and the Holder of every Security issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof in
respect of anything done, omitted or suffered to be done by the Trustee, either Issuer or any other Person in reliance thereon, whether or not notation of such action is made upon such Security. 

(e) The Issuers may set any day as a record date for the purpose of determining the Holders of Outstanding Securities of any series entitled to
give, make or take any request, demand, authorization, direction, notice, consent, waiver or other action provided or permitted by this Indenture to be given, made or taken by Holders of Securities of such series;

  
 10 

 
provided that the Issuers may not set a record date for, and the provisions of this paragraph shall not apply with respect to, the giving or making of any notice, declaration, request or
direction referred to in the next paragraph. If any record date is set pursuant to this paragraph, the Holders of Outstanding Securities of the relevant series on such record date, and no other Holders, shall be entitled to take the relevant action,
whether or not such Holders remain Holders after such record date; provided that no such action shall be effective hereunder unless taken on or prior to the applicable Expiration Date by Holders of the requisite principal amount of
Outstanding Securities of such series on such record date. Nothing in this paragraph shall be construed to prevent the Issuers from setting a new record date for any action for which a record date has previously been set pursuant to this paragraph
(whereupon the record date previously set shall automatically and with no action by any Person be cancelled and of no effect), and nothing in this paragraph shall be construed to render ineffective any action taken by Holders of the requisite
principal amount of Outstanding Securities of the relevant series on the date such action is taken. Promptly after any record date is set pursuant to this paragraph, the Issuers, at their own expense, shall cause notice of such record date, the
proposed action by Holders and the applicable Expiration Date to be given to the Trustee in writing and to each Holder of Securities of the relevant series in the manner set forth in Section 1.7. 

The Trustee may set any day as a record date for the purpose of determining the Holders of Outstanding Securities of any series entitled to
join in the giving or making of (i) any Notice of Default, (ii) any declaration of acceleration referred to in Section 5.2, (iii) any request to institute proceedings referred to in Section 5.7(2) or (iv) any direction
referred to in Section 5.12, in each case with respect to Securities of such series. If any record date is set pursuant to this paragraph, the Holders of Outstanding Securities of such series on such record date, and no other Holders, shall be
entitled to join in such notice, declaration, request or direction, whether or not such Holders remain Holders after such record date; provided that no such action shall be effective hereunder unless taken on or prior to the applicable
Expiration Date by Holders of the requisite principal amount of Outstanding Securities of such series on such record date. Nothing in this paragraph shall be construed to prevent the Trustee from setting a new record date for any action for which a
record date has previously been set pursuant to this paragraph (whereupon the record date previously set shall automatically and with no action by any Person be cancelled and of no effect), and nothing in this paragraph shall be construed to render
ineffective any action taken by Holders of the requisite principal amount of Outstanding Securities of the relevant series on the date such action is taken. Promptly after any record date is set pursuant to this paragraph, the Trustee, at the
Issuers’ expense, shall cause notice of such record date, the proposed action by Holders and the applicable Expiration Date to be given to the Issuers in writing and to each Holder of Securities of the relevant series in the manner set forth in
Section 1.7. 
 With respect to any record date set pursuant to this Section 1.5, the party hereto that sets such record dates may
designate any day as the “Expiration Date” and from time to time may change the Expiration Date to any earlier or later day; provided that no such change shall be effective unless notice of the proposed new Expiration Date is
given to the other party hereto in writing, and to each Holder of Securities of the relevant series in the manner set forth in Section 1.7, on or prior to the existing Expiration Date. If an Expiration Date is not designated with respect to any
record date set pursuant to this Section 1.5, the party hereto that set such record date shall be deemed to have initially designated the 180th day after such record date as the Expiration Date with respect thereto, subject to its right to
change the Expiration Date as provided in this paragraph. Notwithstanding the foregoing, no Expiration Date shall be later than the 180th day after the applicable record date. 

  
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 (f) Without limiting the foregoing, a Holder entitled to take any action hereunder with
regard to any particular Security may do so with regard to all or any part of the principal amount of such Security or by one or more duly appointed agents, each of which may do so pursuant to such appointment with regard to all or any part of such
principal amount. 
 Section 1.6 Notices, Etc. to Trustee and Issuers. 

Any request, demand, authorization, direction, notice, consent, waiver or Act of Holders or other document provided or permitted by this
Indenture to be made upon, given or furnished to, or filed with: 
 (1) the Trustee by any Holder, the Issuers or any other
party shall be sufficient for every purpose hereunder if made, given, furnished or filed in writing to or with the Trustee at its Corporate Trust Office; 

(2) the Issuers by the Trustee, any Holder or any other party shall be sufficient for every purpose hereunder (except as
otherwise herein expressly provided) if in writing and mailed, first class, postage prepaid, to the Issuers addressed to them at [•] or at any other address previously furnished in writing to the Trustee by the Issuers; or 

(3) the Parent by the Trustee, any Holder or any other party shall be sufficient for every purpose hereunder (except as
otherwise herein expressly provided) if in writing and mailed, first class, postage prepaid, to the Parent addressed to it at [•] or at any other address previously furnished in writing to the Trustee by the Parent. 

Section 1.7 Notice to Holders; Waiver. 

Where this Indenture provides for notice to Holders of any event, such notice shall be sufficiently given (unless otherwise herein expressly
provided) if in writing and mailed, first class, postage prepaid, to each Holder affected by such event, at the address of such Holder as it appears in the Securities Register, not later than the latest date (if any), and not earlier than the
earliest date (if any), prescribed for the giving of such notice. In any case where notice to Holders is given by mail, neither the failure to mail such notice, nor any defect in any notice so mailed, to any particular Holder shall affect the
sufficiency of such notice with respect to other Holders. In case, by reason of the suspension of or irregularities in regular mail service or for any other reason, it shall be impossible or impracticable to mail notice of any event to Holders when
said notice is required to be given pursuant to any provision of this Indenture or of the relevant Securities, then any manner of giving such notice as shall be satisfactory to the Trustee shall be deemed to be a sufficient giving of such notice.
Where this Indenture provides for notice in any manner, such notice may be waived in writing by the Person entitled to receive such notice, either before or after the event, and such waiver shall be the equivalent of such notice. Waivers of notice
by Holders shall be filed with the Trustee, but such filing shall not be a condition precedent to the validity of any action taken in reliance upon such waiver. 

  
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 Section 1.8 Conflict with Trust Indenture Act.

 If any provision hereof limits, qualifies or conflicts with a provision of the Trust Indenture Act that is required under the Trust
Indenture Act to be a part of and govern this Indenture, the latter provision shall control. If any provision of this Indenture modifies or excludes any provision of the Trust Indenture Act that may be so modified or excluded, the former provision
shall control. 
 Section 1.9 Effect of Headings and Table of Contents. 

The Article and Section headings herein and the Table of Contents are for convenience only and shall not affect the construction hereof. 

Section 1.10 Successors and Assigns. 

All covenants and agreements in this Indenture by either Issuer or any Guarantor shall bind each of their respective successors and assigns,
whether so expressed or not. 
 Section 1.11 Separability Clause. 

In case any provision in this Indenture or in Security or Guarantee shall be invalid, illegal or unenforceable, the validity, legality and
enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 

Section 1.12 Benefits of Indenture. 

Nothing in this Indenture or in any Security or Guarantee, in each case whether express or implied, shall give to any Person, other than the
parties hereto, any Securities Registrar, any Paying Agent, any Authenticating Agent and their respective successors hereunder and the Holders of any Securities any benefit or any legal or equitable right, remedy or claim under this Indenture. 

Section 1.13 Rules by Trustee and Agents. 

The Trustee may make reasonable rules for action by or at a meeting of Holders. The Registrar or Paying Agent may make reasonable rules and
set reasonable requirements for its functions. 
 Section 1.14 Governing Law. 

This Indenture and the Securities and Guarantees shall be governed by and construed in accordance with the laws of the State of New York. 

Section 1.15 Legal Holidays. 

In any case where any Interest Payment Date, Redemption Date, Repayment Date or Stated Maturity of any Security shall not be a Business Day at
any Place of Payment, then (notwithstanding any other provision of this Indenture or of the Securities or any Guarantee 

  
 13 

 
(other than a provision of any Security or Guarantee that specifically states that such provision shall apply in lieu of this Section 1.15)) payment of interest or principal (and premium, if
any) need not be made on such date, but may be made on the next succeeding Business Day at such Place of Payment (and no interest shall accrue for the period from and after such Interest Payment Date, Redemption Date, Repayment Date or Stated
Maturity, as the case may be, until such next succeeding Business Day). 
 Section 1.16
Immunity of Incorporators, Stockholders, Officers and Directors. 
 No recourse shall be had for the payment or delivery of
the principal, premium, if any, or the interest, on any Securities, or for any claim based thereon, or upon any obligation, covenant or agreement of this Indenture, against any incorporator, stockholder, officer or director, as such, past, present
or future, of either Issuer or any Guarantor, either directly or indirectly through either Issuer or any Guarantor, whether by virtue of any constitution, statute, or rule of law, or by the enforcement of any assessment of penalty or otherwise; it
being expressly agreed and understood that this Indenture and all the Securities and Guarantees are solely corporate obligations, and that no personal liability whatever shall attach to, or is incurred by, any incorporator, stockholder, officer or
director, past, present or future, of the corporation, because of the incurring of the indebtedness hereby authorized or under or by reason of any of the obligations, covenants or agreements contained in this Indenture or in any of the Securities or
Guarantees or implied therefrom, or for any claim based thereon or in respect thereof, all such liability and any and all such claims being hereby expressly waived and released as a condition of, and as part of the consideration for, the execution
of this Indenture and the issuance of the Securities or Guarantees. 
 Section 1.17
Counterparts. 
 This Indenture may be executed in several counterparts, each of which shall be an original and all of which shall
constitute but one and the same instrument. The exchange of copies of this Indenture and of signature pages by facsimile or PDF transmission shall constitute effective execution and delivery of this Indenture as to the parties hereto and may be used
in lieu of the original Indenture for all purposes. Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes. 

Section 1.18 Waiver of Jury Trial. 

EACH OF THE ISSUERS, THE GUARANTORS AND THE TRUSTEE HEREBY, AND EACH HOLDER OF A SECURITY OF ANY SERIES BY ITS ACCEPTANCE THEREOF, IRREVOCABLY
WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE SECURITIES OF SUCH SERIES OR THE TRANSACTIONS CONTEMPLATED HEREBY. 

Section 1.19 USA PATRIOT Act. 

The parties hereto acknowledge that in order to help the government fight the funding of terrorism and money laundering activities, pursuant
to federal regulations that became 

  
 14 

 
effective on October 1, 2003, Section 326 of the USA PATRIOT Act requires all financial institutions to obtain, verify, and record information that identifies each person establishing a
relationship or opening an account with the Trustee. The parties hereto agree that they will provide the Trustee with name, address, tax identification number, if applicable, and other information that will allow the Trustee to identify the
individual or entity who is establishing the relationship, and will further provide the Trustee with formation documents such as articles of incorporation or other identifying documents. 

Article II 

SECURITY FORMS 
 
Section 2.1 Forms Generally. 
 The Securities of each series and any related Guarantees shall be in substantially the form
or forms as shall be established by or pursuant to one or more Board Resolutions or in one or more indentures supplemental hereto, in each case with such appropriate insertions, omissions, substitutions and other variations as are required or
permitted by this Indenture and may have such letters, numbers or other marks of identification and such legends or endorsements placed thereon as may be required to comply with applicable tax laws or the rules of any securities exchange or
Depositary therefor or as may, consistently herewith, be determined by the officers executing such Securities, as evidenced by their execution thereof. A copy of the Board Resolutions or indenture supplemental hereto establishing the form or forms
of Securities of any series and any related Guarantees shall be delivered to the Trustee at or prior to the delivery of the Issuer Order contemplated by Section 3.3 with respect to the authentication and delivery of such Securities. 

The definitive Securities and any Guarantees shall be printed, lithographed or engraved or produced by any other method, and if required by
any securities exchange on which the Securities may be listed, on a steel engraved border or steel engraved borders or may be produced in any other manner permitted by the rules of any securities exchange on which the Securities may be listed, all
as determined by the officers executing such Securities, as evidenced by their execution of such Securities. 

Section 2.2 Form of Trustee’s Certificate of Authentication. 

The Trustee’s certificate of authentication shall be substantially in the following form: 

This is one of the Securities of the series designated therein referred to in the within mentioned Indenture. 

 

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION,
	Not in its individual capacity but solely as Trustee
		
	By:	 	 
		 	AUTHORIZED SIGNATORY

  
 15 

 Article III 

THE SECURITIES 
 
Section 3.1 Amount Unlimited; Issuable in Series. 
 The aggregate principal amount of Securities that may be authenticated
and delivered under this Indenture is unlimited. 
 The Securities may be issued in one or more series. There shall be established in or
pursuant to a Board Resolution, and, subject to Section 3.3, set forth, or determined in the manner provided, in an Officers’ Certificate, or established in one or more indentures supplemental hereto, prior to the issuance of Securities of
any series: 
 (a) the title of the Securities of such series, which shall distinguish the Securities of the series from all
other Securities; 
 (b) whether the Securities of such series are to be issued by only one of the Issuers or are to be co-issued by both Issuers; 
 (c) the limit, if any, upon the aggregate principal amount of
the Securities of such series that may be authenticated and delivered under this Indenture (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities of the series
pursuant to Section 3.4, 3.5, 3.6, 9.6, 11.6 or 13.3 and except for any Securities that, pursuant to Section 3.3, are deemed never to have been authenticated and delivered hereunder); provided, however, that the authorized
aggregate principal amount of such series may be increased above such amount by a Board Resolution to such effect; 
 (d) the
Stated Maturity or Maturities on which the principal of the Securities of such series is payable or the method of determination thereof; 

(e) the rate or rates, if any, at which the Securities of such series shall bear interest, the rate or rates and extent to
which Additional Interest, if any, shall be payable in respect of any Securities of such series, or the method or methods by which such rate or rates may be determined, whether payment of interest will be contingent in any respect and/or the
interest rate reset, the date or dates from which such interest or Additional Interest shall accrue, the Interest Payment Dates on which such interest shall be payable, and the Regular Record Date for the interest payable on any Security on any
Interest Payment Date, or the method by which any of the foregoing shall be determined; 
 (f) if applicable, the remarketing
or extension features of the Securities of the series; 
 (g) the place or places where the principal of (and premium, if
any) and interest on the Securities of such series shall be payable, the place or places where the Securities of such series may be presented for registration of transfer or exchange, and the place or places where notices and demands to or upon the
Issuers in respect of the Securities of such series may be made; 

  
 16 

 (h) the period or periods within or the date or dates on which, if any, the
price or prices at which and the terms and conditions upon which the Securities of such series may be redeemed, in whole or in part, at the option of the Issuers; 

(i) the obligation or the right, if any, of the Issuers to redeem, repay or purchase the Securities of such series pursuant to
any sinking fund, amortization or analogous provisions, or at the option of a Holder thereof, and the period or periods within which, the price or prices at which, the currency or currencies (including currency unit or units) in which and the other
terms and conditions upon which Securities of the series shall be redeemed, repaid or purchased, in whole or in part, pursuant to such obligation; 

(j) the denominations in which any Securities of such series shall be issuable, if other than minimum denominations of $2,000
and any integral multiple of $1,000 in excess thereof; 
 (k) if other than Dollars, the currency or currencies (including
currency unit or units) in which the principal of (and premium, if any) and interest, if any, on the Securities of the series shall be payable, or in which the Securities of the series shall be denominated and the manner of determining the
equivalent thereof in Dollars for purposes of the definition of Outstanding; 
 (l) the additions, modifications or
deletions, if any, in the Events of Default or covenants of the Issuers or any Guarantor set forth herein with respect to the Securities of such series; 

(m) and any change in the right of the Trustee or the requisite Holders of such Securities to declare the principal amount
thereof due and payable pursuant to Section 5.2; 
 (n) if other than the principal amount thereof, the portion of the
principal amount of Securities of such series that shall be payable upon declaration of acceleration of the Maturity thereof; 

(o) any index or indices used to determine the amount of payments of principal of and premium, if any, on the Securities of
such series or the manner in which such amounts will be determined; 
 (p) whether the Securities of the series, or any
portion thereof, shall initially be issuable in the form of a temporary Global Security representing all or such portion of the Securities of such series and provisions for the exchange of such temporary Global Security for definitive Securities of
such series; 
 (q) if applicable, that any Securities of the series shall be issuable in whole or in part in the form of one
or more Global Securities and, in such case, the respective Depositaries for such Global Securities, the form of any legend or legends that shall be borne by any such Global Security and any circumstances in addition to or in lieu of those set forth

  
 17 

 
in Section 3.5 in which any such Global Security may be exchanged in whole or in part for Securities registered, and any transfer of such Global Security in whole or in part may be
registered, in the name or names of Persons other than the Depositary for such Global Security or a nominee thereof; 
 (r)
the appointment of any Paying Agent or Agents for the Securities of such series; 
 (s) the terms of any right to convert or
exchange Securities of such series into any other securities or Property of the Issuers, any Guarantor or any other Person, and the additions or changes, if any, to this Indenture with respect to the Securities of such series to permit or facilitate
such conversion or exchange; 
 (t) the applicability, if any, of Sections 14.2 and 14.3 to the Securities of or within the
series and any provisions in modification of, in addition to or in lieu of any of the provisions of Article XIV; 
 (u)
whether the obligations of the Issuers under the Securities of such series will be subject to any Guarantee, and the form and terms of such Guarantee; and 

(v) any other terms of the Securities of such series. 

All Securities of any one series shall be substantially identical except as to denomination, currency of payments due thereunder, rate of
interest thereon, method of determining rate of interest, if any, the maturity, and the date from which interest will accrue, if any, and except as may otherwise be provided herein or in or pursuant to such Board Resolutions and set forth in such
Officers’ Certificate or in any such indenture supplemental hereto. The terms of the Securities of any series may provide, without limitation, that the Securities shall be authenticated and delivered by the Trustee upon original issuance from
time to time upon written order of persons designated in the Officers’ Certificate or supplemental indenture and that such persons are authorized to determine, consistent with such Officers’ Certificate or any applicable supplemental
indenture, such terms and conditions of the Securities of such series. All Securities of any one series need not be issued at the same time and, unless otherwise so provided, a series may be reopened for issuances of additional Securities of such
series or to establish additional terms of such series of Securities. 
 If any of the terms of the series are established by action taken
pursuant to a Board Resolution, a copy of such Board Resolution shall be delivered to the Trustee at or prior to the delivery of the Officers’ Certificate setting forth the terms of the series. 

Section 3.2 Denominations. 

The Securities of each series shall be in registered form without coupons. The Securities of each series shall be issuable in such
denominations as shall be specified as contemplated by Section 3.1. With respect to Securities of any series denominated in Dollars, in the absence of any such provisions with respect to the Securities or any series, the Securities of such
series shall be issuable in minimum denominations of $2,000 and any integral multiple of $1,000 in excess thereof. 

  
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 Section 3.3 Execution, Authentication, Delivery and
Dating. 
 The Securities shall be executed on behalf of the Issuers by at least one Officer of each Issuer by manual or facsimile
signature. 
 Securities and any Guarantees bearing the manual or facsimile signatures of individuals who were at any time the proper
officers of an Issuer or any Guarantor, as applicable, shall bind such Issuer or such Guarantor, as applicable, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such
Securities or did not hold such offices at the date of such Securities. At any time and from time to time after the execution and delivery of this Indenture, the Issuers may deliver Securities of any series executed by the Issuers to the Trustee for
authentication, together with an Issuer Order for the authentication and delivery of such Securities, and the Trustee in accordance with the Issuer Order shall authenticate and deliver such Securities. If the form or terms of the Securities of the
series have been established by or pursuant to one or more Board Resolutions as permitted by Sections 2.1 and 3.1, in authenticating such Securities, and accepting the additional responsibilities under this Indenture in relation to such Securities,
the Trustee shall receive, and (subject to Section 6.1) shall be fully protected in relying upon, an Opinion of Counsel stating: 

(1) if the form of such Securities and any related Guarantees has been established by or pursuant to Board Resolutions as
permitted by Sections 2.1 and 2.2, that such form has been established in conformity with the provisions of this Indenture; 

(2) if the terms of such Securities and any related Guarantees have been established by or pursuant to Board Resolutions as
permitted by Section 3.1, that such terms have been established in conformity with the provisions of this Indenture; and 

(3) that such Securities, together with any related Guarantees, when executed and delivered by the Issuers and any applicable
Guarantor to the Trustee for authentication in accordance with this Indenture, authenticated and delivered by the Trustee in accordance with this Indenture and issued by the Issuers in the manner and subject to any conditions specified in such
Opinion of Counsel, will constitute legally valid and binding obligations of the Issuers and any applicable Guarantor, respectively, enforceable in accordance with their terms, subject to applicable bankruptcy, insolvency, fraudulent transfer,
preferences and other similar laws of general applicability relating to or affecting the rights and remedies of creditors to general equitable principles, limitations on enforceability where such provisions are contrary to public policy and other
customary exceptions. 
 Notwithstanding the provisions of Section 3.1 and of the preceding paragraph, if all Securities of a series
are not to be originally issued at one time, it shall not be necessary to deliver the Officers’ Certificate otherwise required pursuant to Section 3.1 or the Issuer Order and Opinion of Counsel otherwise required pursuant to such preceding
paragraph at or prior to the authentication of each Security of such series if such documents are delivered at or prior to the authentication upon original issuance of the first Security of such series to be issued. 

  
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 Each Security shall be dated the date of its authentication. 

No Security shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless there appears on such
Security a certificate of authentication substantially in the form provided for herein executed by the Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Security shall be conclusive evidence, and the
only evidence, that such Security has been duly authenticated and delivered hereunder. Notwithstanding the foregoing, if any Security shall have been authenticated and delivered hereunder but never issued and sold by the Issuers, and the Issuers
shall deliver such Security to the Trustee for cancellation as provided in Section 3.9, for all purposes of this Indenture such Security shall be deemed never to have been authenticated and delivered hereunder and shall never be entitled to the
benefits of this Indenture. 
 If such form or terms have been so established, the Trustee shall not be required to authenticate such
Securities if the Trustee, after being advised by counsel, determines that the issue of such Securities pursuant to this Indenture will affect the Trustee’s own rights, duties or immunities under the Securities and this Indenture or otherwise
in a manner that is not reasonably acceptable to the Trustee. 
 Section 3.4 Temporary
Securities. 
 Pending the preparation of definitive Securities of any series, the Issuers may execute, and upon Issuer Order the
Trustee shall authenticate and deliver, temporary Securities that are printed, lithographed or engraved or produced by any other method, in any denomination, substantially of the tenor of the definitive Securities of such series in lieu of which
they are issued and with such appropriate insertions, omissions, substitutions and other variations as the officers executing such Securities may determine, as evidenced by their execution of such Securities. 

If temporary Securities of any series are issued, the Issuers will cause definitive Securities of such series to be prepared without
unreasonable delay. After the preparation of definitive Securities, the temporary Securities shall be exchangeable for definitive Securities upon surrender of the temporary Securities at the office or agency of the Issuers designated for that
purpose without charge to the Holder. Upon surrender for cancellation of any one or more temporary Securities, the Issuers shall execute and the Trustee shall authenticate and deliver in exchange therefor one or more definitive Securities of the
same series, of any authorized denominations having the same Original Issue Date and Stated Maturity and having the same terms as such temporary Securities. Until so exchanged, the temporary Securities of any series shall in all respects be entitled
to the same benefits under this Indenture as definitive Securities of such series and tenor. 

Section 3.5 Registration, Transfer and Exchange. 

The Issuers shall cause to be kept at each office or agency maintained for registrations of transfers and exchanges in a Place of Payment
pursuant to Section 10.2 with respect to the Securities of each series a register in which, subject to such reasonable regulations as it may prescribe, the Issuers shall provide for the registration of Securities and of transfers of

  
 20 

 
Securities. Each such register is herein sometimes referred to as the “Securities Register.” The Issuers shall designate one Person to maintain the Securities Register for the
Securities of each series on a consolidated basis, and such Person is referred to herein, with respect to such series, as the “Securities Registrar.” The Issuers appoint the Trustee as Securities Registrar unless otherwise specified
with respect to any particular series in accordance with Section 3.1. Anything herein to the contrary notwithstanding, the Issuers may designate one or more of its offices as an office in which a register with respect to the Securities of one
or more series shall be maintained, and the Issuers may designate themselves the Securities Registrar with respect to one or more of such series. The Issuers may revoke any designation of a Securities Registrar theretofore made by it. The Securities
Register shall be open for inspection by the Trustee and the Issuers at all reasonable times. 
 Upon surrender for registration of transfer
of any Security at the office or agency of the Issuers designated for that purpose the Issuers shall execute, and the Trustee shall authenticate and deliver, in the name of the designated transferee or transferees, one or more new Securities of the
same series of any authorized denominations, of a like aggregate principal amount, of the same Original Issue Date and Stated Maturity and having the same terms. 

At the option of the Holder, Securities may be exchanged for other Securities of the same series of any authorized denominations, of a like
aggregate principal amount, of the same Original Issue Date and Stated Maturity and having the same terms, upon surrender of the Securities to be exchanged at such office or agency. Whenever any securities are so surrendered for exchange, the
Issuers shall execute, and the Trustee shall authenticate and deliver, the Securities that the Holder making the exchange is entitled to receive. 

All Securities issued upon any transfer or exchange of Securities shall be the valid obligations of the Issuers, evidencing the same debt, and
entitled to the same benefits under this Indenture, as the Securities surrendered upon such transfer or exchange. 
 Every Security
presented or surrendered for transfer or exchange shall (if so required by the Issuers or the Securities Registrar) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Issuers and the Securities
Registrar, duly executed by the Holder thereof or his attorney duly authorized in writing. 
 No service charge shall be made to a Holder
for any transfer or exchange of Securities, but the Issuers may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Securities. 

The provisions of Clauses (1), (2), (3) and (4) below shall apply only to Global Securities: 

(1) Each Global Security authenticated under this Indenture shall be registered in the name of the Depositary designated for
such Global Security or a nominee thereof and delivered to such Depositary or a nominee thereof or custodian therefor, and each such Global Security shall constitute a single Security for all purposes of this Indenture. 

  
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 (2) Notwithstanding any other provision in this Indenture, no Global
Security may be exchanged in whole or in part for Securities registered, and no transfer of a Global Security in whole or in part may be registered, in the name of any Person other than the Depositary for such Global Security or a nominee thereof
unless (A) such Depositary (i) has notified the Issuers that it is unwilling or unable to continue as Depositary for such Global Security and no successor Depositary has been appointed within 90 days of this notice or (ii) has ceased
to be a clearing agency registered under the Exchange Act at a time when the Depositary is required to be so registered to act as depositary and no successor Depositary has been appointed within 90 days after the Issuers have learned that the
Depositary has ceased to be so registered, (B) there shall have occurred and be continuing an Event of Default with respect to such Global Security, (C) the Issuers in their sole discretion determine that such Global Security will be so
exchangeable or transferable or (D) there shall exist such circumstances, if any, in addition to or in lieu of the foregoing as have been specified for this purpose as contemplated by Section 3.1. 

(3) Subject to Clause (2) above, any exchange of a Global Security for other Securities may be made in whole or in part,
and all Securities issued in exchange for a Global Security or any portion thereof shall be registered in such names as the Depositary for such Global Security shall direct. 

(4) Every Security authenticated and delivered upon registration of transfer of, or in exchange for or in lieu of, a Global
Security or any portion thereof, whether pursuant to this Section 3.5, Section 3.4, 3.6, 9.6, 11.6 or 13.3 or otherwise, shall be authenticated and delivered in the form of, and shall be, a Global Security, unless such Security is
registered in the name of a Person other than the Depositary for such Global Security or a nominee thereof. 
 (5) Neither
any members of, or participants in, the Depositary nor any other Persons on whose behalf such members or participants may act shall have any rights under this Indenture with respect to any Global Security registered in the name of the Depositary or
any nominee thereof, and the Depositary or such nominee, as the case may be, may be treated by the Issuers, the Trustee and any agent of the Issuers or the Trustee as the absolute owner and holder of such Global Security for all purposes whatsoever.
None of the Issuers, the Trustee, any Paying Agent, any Securities Registrar, any authenticating agent or any other agent of the Issuers or any agent of the Trustee shall have any responsibility or liability for any aspect of the records relating to
or payments made on account of beneficial ownership interests of a Security in the form of a Global Security, or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests. The Issuers, the Trustee, any
Paying Agent, any Securities Registrar and any other agent of the Issuers and any agent of the Trustee shall be entitled to deal with any depositary (including any Depositary), and any nominee thereof, that is the holder of any such Global Security
for all purposes of this Indenture relating to such Global Security (including the payment of principal, premium, if any, and interest, if any, and the giving of instructions or directions by or to the owner or holder of a beneficial ownership
interest in such Global Security) as the sole holder of such Global Security and shall 

  
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have no obligations to the beneficial owners thereof. None of the Issuers, the Trustee, any Paying Agent, any Securities Registrar or any other agent of the Issuers or any agent of the Trustee
shall have any responsibility or liability for any acts or omissions of any such depositary with respect to such Global Security, for the records of any such depositary, including records in respect of beneficial ownership interests in respect of
any such Global Security, for any transactions between such depositary and any members or participants in the Depositary or other participant in such depositary or between or among any such depositary, any such member or participant in the
Depositary or other participant and/or any holder or owner of a beneficial interest in such Global Security or for any transfers of beneficial interests in any such Global Security. Notwithstanding the foregoing, nothing herein shall prevent the
Issuers, the Trustee or any agent of the Issuers or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary or such nominee, as the case may be, or impair, as between the Depositary,
members or participants of the Depositary and any other Person on whose behalf a member or participant of the Depositary may act, the operation of customary practices of such Persons governing the exercise of the rights of a beneficial holder of any
Global Security. 
 Neither the Issuers nor the Trustee shall be required, pursuant to the provisions of this Section 3.5, (a) to
issue, register the transfer of or exchange any Security of any series during a period beginning at the opening of business 15 days before the day of selection for redemption of Securities pursuant to Article XI and ending at the close of business
on the day of mailing of notice of redemption or (b) to transfer or exchange any Security so selected for redemption in whole or in part, except, in the case of any Security to be redeemed in part, any portion thereof not to be redeemed. 

The Trustee shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under
this Indenture or under applicable law with respect to any transfer of any interest in any Security other than to require delivery of such certificates and other documentation or evidence as are expressly required by, and to do so if and when
expressly required by the terms of, this Indenture, and to examine the same to determine substantial compliance as to form with the express requirements hereof. 

Neither the Trustee nor any agent shall have any responsibility or liability for any actions taken or not taken by the Depositary. 

The transferor of any Security of any series shall provide or cause to be provided to the Trustee all information necessary to allow the
Trustee to comply with any applicable tax reporting obligations, including any cost basis reporting obligations under Section 6045 of the Code. The Trustee may rely on information provided to it and shall have no responsibility to verify or
ensure the accuracy of such information. In connection with any proposed exchange of a certificated Security for a Global Security, the Issuers or the Depositary shall be required to provide or cause to be provided to the Trustee all information
necessary to allow the Trustee to comply with any applicable tax reporting obligations, including any cost basis reporting obligations under Section 6045 of the Code. The Trustee may rely on information provided to it and shall have no
responsibility to verify or ensure the accuracy of such information 

  
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 Section 3.6 Mutilated, Destroyed, Lost and Stolen
Securities. 
 If any mutilated Security or a Security with a mutilated Guarantee is surrendered to the Trustee, the Issuers shall
execute and the Trustee shall authenticate and deliver in exchange therefor a new Security of the same issue and series of like tenor and principal amount, having the same Original Issue Date and Stated Maturity, and bearing a number not
contemporaneously outstanding, with Guarantees, if any, corresponding to the Guarantees appertaining to the surrendered Security. 
 If
there shall be delivered to the Issuers and to the Trustee (i) evidence to their satisfaction of the destruction, loss or theft of any Security or Guarantee, and (ii) such security or indemnity as may be required to save each of them and
any agent of them harmless, then, in the absence of notice to the Issuers or the Trustee that such Security or Guarantee has been acquired by a bona fide purchaser, the Issuers shall execute and the Trustee shall authenticate and deliver, in lieu of
any such destroyed, lost or stolen Security or in exchange for the Security to which a destroyed, lost or stolen Guarantee, a new Security of the same issue and series of like tenor and principal amount, having the same Original Issue Date and
Stated Maturity as such destroyed, lost or stolen Security, and bearing a number not contemporaneously outstanding. 
 In case any such
mutilated, destroyed, lost or stolen Security has become or is about to become due and payable, the Issuers in their discretion may, instead of issuing a new Security, pay such Security. 

Upon the issuance of any new Security under this Section 3.6, the Issuers and the Trustee may require the payment of a sum sufficient to
cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Trustee) connected therewith. 

Every new Security of any series issued pursuant to this Section 3.6 in lieu of any destroyed, lost or stolen Security shall constitute
an original additional contractual obligation of the Issuers, whether or not the destroyed, lost or stolen Security shall be at any time enforceable by anyone, and shall be entitled to all the benefits of this Indenture equally and proportionately
with any and all other Securities of that series duly issued hereunder. 
 The provisions of this Section 3.6 are exclusive and shall
preclude (to the extent lawful) all other rights and remedies with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities and Guarantees. 

Section 3.7 Payment of Interest; Interest Rights Preserved. 

Interest on any Security of any series that is payable, and is punctually paid or duly provided for, on any Interest Payment Date, shall be
paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest in respect of Securities of such series, except that, unless otherwise
provided in the Securities of such series, interest payable on the Stated Maturity of the principal of a Security shall be paid to the Person to whom principal is paid. The initial payment of interest on any Security of any series that is issued
between a Regular Record Date and the related Interest Payment Date shall be payable as provided in such Security or in the Board Resolutions pursuant to Section 3.1 with respect to the related series of Securities. 

  
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 Any interest on any Security that is payable, but is not timely paid or duly provided for,
on any Interest Payment Date for Securities of such series (such interest, “Defaulted Interest”), shall forthwith cease to be payable to the registered Holder on the relevant Regular Record Date by virtue of having been such Holder,
and such Defaulted Interest may be paid by the Issuers, at their election in each case, as provided in Clause (1) or (2) below: 

(1) The Issuers may elect to make payment of any Defaulted Interest to the Persons in whose names the Securities of such series
in respect of which interest is in default (or their respective Predecessor Securities) are registered at the close of business on a Special Record Date for the payment of such Defaulted Interest, which shall be fixed in the following manner. The
Issuers shall notify the Trustee in writing of the amount of Defaulted Interest proposed to be paid on each Security and the date of the proposed payment, and at the same time the Issuers shall deposit with the Trustee an amount of money equal to
the aggregate amount proposed to be paid in respect of such Defaulted Interest or shall make arrangements satisfactory to the Trustee for such deposit prior to the date of the proposed payment, such money when deposited to be held in trust for the
benefit of the Persons entitled to such Defaulted Interest as in this Clause provided. Thereupon the Issuers shall fix a Special Record Date for the payment of such Defaulted Interest that shall be not more than 15 days and not less than 10 days
prior to the date of the proposed payment and not less than 10 days after the receipt by the Trustee of the notice of the proposed payment. The Issuers shall promptly notify the Trustee of such Special Record Date and the Trustee, in the name and at
the expense of the Issuers, shall cause notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor to be mailed, first class, postage prepaid, to each Holder of a Security of such series at the address of such
Holder as it appears in the Securities Register not less than 10 days prior to such Special Record Date. Notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor having been mailed as aforesaid, such Defaulted
Interest shall be paid to the Persons in whose names the Securities of such series (or their respective Predecessor Securities) are registered at the close of business on such Special Record Date and shall no longer be payable pursuant to the
following Clause (2). 
 (2) The Issuers may make payment of any Defaulted Interest in any other lawful manner not
inconsistent with the requirements of any securities exchange on which the Securities of the series in respect of which interest is in default may be listed and, upon such notice as may be required by such exchange (or by the Trustee if the
Securities are not listed), if, after notice given by the Issuers to the Trustee of the proposed payment pursuant to this Clause, such payment shall be deemed practicable by the Trustee. 

Subject to the foregoing provisions of this Section 3.7, each Security delivered under this Indenture upon transfer of or in exchange for
or in lieu of any other Security shall carry the rights to interest accrued and unpaid, and to accrue, which were carried by such other Security. 

  
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 The Trustee will have no duty whatsoever to determine whether any defaulted interest is
payable or the amount thereof. 
 Section 3.8 Persons Deemed Owners. 

The Issuers, any Guarantor, the Trustee and any agent of the Issuers, any Guarantor or the Trustee may treat the Person in whose name any
Security is registered as the owner of such Security for the purpose of receiving payment of principal of and any premium and (subject to Section 3.7) any interest on such Security and for all other purposes whatsoever, whether or not such
Security be overdue, and neither the Issuers, any Guarantor, the Trustee nor any agent of the Issuers, any Guarantor or the Trustee shall be affected by notice to the contrary. 

No holder of any beneficial interest in any Global Security held on its behalf by a Depositary shall have any rights under this Indenture with
respect to such Global Security, and such Depositary may be treated by the Issuers, any Guarantor, the Trustee and any agent of the Issuers, any Guarantor or the Trustee as the owner of such Global Security for all purposes whatsoever.
Notwithstanding the foregoing, nothing herein shall prevent the Issuers, any Guarantor, the Trustee or any agent of the Issuers, any Guarantor or the Trustee from giving effect to any written certification, proxy or other authorization furnished by
a Depositary or impair, as between a Depositary and such holders of beneficial interests, the operation of customary practices governing the exercise of the rights of the Depositary (or its nominee) as Holder of any Security. 

Section 3.9 Cancellation. 

All Securities surrendered for payment, redemption, repayment, transfer or exchange or for credit against any sinking fund payment shall, if
surrendered to any Person other than the Trustee, be delivered to the Trustee, and any such Securities and Securities surrendered directly to the Trustee for any such purpose shall be promptly cancelled by it. The Issuers may at any time deliver to
the Trustee for cancellation any Securities previously authenticated and delivered hereunder that the Issuers may have acquired in any manner whatsoever, and all Securities so delivered shall be promptly cancelled by the Trustee. No Securities shall
be authenticated in lieu of or in exchange for any Securities cancelled as provided in this Section 3.9, except as expressly permitted by this Indenture. All cancelled Securities shall be destroyed by the Trustee in accordance with its
customary procedures, and upon written request of the Issuers, the Trustee shall deliver to the Issuers a certificate of such destruction. 

Section 3.10 Computation of Interest. 

Except as otherwise specified as contemplated by Section 3.1 for Securities of any series, interest on the Securities of each series
shall be computed on the basis of a 360-day year of twelve 30-day months. 

  
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 Section 3.11 Agreed Tax Treatment. 

Each Security issued hereunder shall provide that the Issuers and, by its acceptance of a Security or a beneficial interest therein, the
Holder of, and any Person that acquires a beneficial interest in, such Security agree to treat for U.S. federal, state and local tax purposes such Security as indebtedness of the Issuers and to treat for U.S. federal income tax purposes stated
interest on the Security as ordinary interest income that is includible in gross income to such Holder or other Person at the time the interest is paid or accrued in accordance with its regular method of tax accounting. 

Section 3.12 CUSIP Numbers. 

The Issuers in issuing the Securities of any series may use “CUSIP” numbers (if then generally in use), and, if so, the Trustee or
its designee shall use “CUSIP” numbers in notices of redemption or other related material as a convenience to Holders; provided that any such notice or other related material may state that no representation is made as to the
correctness of such numbers either as printed on the Securities of such series or as contained in any notice of redemption or other related material and that reliance may be placed only on the other identification numbers printed on the Securities
of such series, and any such redemption shall not be affected by any defect in or omission of such numbers. The Issuers shall promptly notify the Trustee in writing of any change in the “CUSIP” numbers. 

Article IV 

SATISFACTION AND DISCHARGE 

Section 4.1 Satisfaction and Discharge of Indenture. 

This Indenture shall, upon Issuer Request, cease to be of further effect with respect to any series of Securities specified in such Issuer
Request (except as to (i) the rights hereunder of Holders of the Securities of such series to receive all amounts owing upon the Securities of such series and the other rights, duties and obligations of Holders of the Securities of such series,
as beneficiaries hereof with respect to the amounts, if any, so deposited with the Trustee, (ii) the rights, obligations and immunities of the Trustee hereunder and (iii) as provided in this Section 4.1) and the Trustee, on demand of
and at the expense of the Issuers, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture, when: 

(1) either: 

(A) all Securities of such series theretofore authenticated and delivered (other than (i) Securities that have been
destroyed, lost or stolen and which have been replaced or paid as provided in Section 3.6 and (ii) Securities for whose payment money has theretofore been deposited in trust or segregated and held in trust by the Issuers and thereafter
repaid to the Issuers or discharged from such trust, as provided in Section 10.3) have been delivered to the Trustee for cancellation; or 

  
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 (B) all such Securities of such series not theretofore delivered to the
Trustee for cancellation: 
 (i) have become due and payable; 

(ii) will become due and payable at their Stated Maturity within one year of the date of deposit; or 

(iii) have been called for redemption or are to be called for redemption within one year by the Trustee in the name, and at
the expense, of the Issuers; 
 and the Issuers, in the case of Clause (B)(i), (ii) or (iii) above, have irrevocably deposited or caused
to be deposited with the Trustee as trust funds in trust for such purpose money or U.S. Government Obligations in an amount sufficient (in the opinion of a nationally recognized firm of independent public accountants if any U.S. Government
Obligations are deposited) to pay and discharge the entire indebtedness on the Securities of such series not theretofore delivered to the Trustee for cancellation, including the principal of (and premium, if any) and interest (including any
Additional Interest) on such Securities, to the date of such deposit (in the case of Securities that have become due and payable) or to the Stated Maturity or Redemption Date, as the case may be; 

(2) the Issuers have paid or caused to be paid all other sums payable; and hereunder by the Issuers; and 

(3) the Issuers have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel each stating that all
conditions precedent herein provided for relating to the satisfaction and discharge of this Indenture have been complied with. 

Notwithstanding the satisfaction and discharge of this Indenture, the obligations of the Issuers to the Trustee under Section 6.7, the
obligations of the Trustee to any Authenticating Agent under Section 6.14 and, if money shall have been deposited with the Trustee pursuant to subclause (B) of clause (1) of this Section 4.1, the obligations of the Trustee under
Section 4.2 and the last paragraph of Section 10.3 shall survive. At such time as satisfaction and discharge of this Indenture shall be effective with respect to the Securities of a particular series, all Guarantors will be released from
their respective Guarantees of the Securities of such series. 
 Section 4.2 Application of Trust
Money. 
 Subject to the provisions of the last paragraph of Section 10.3, all money deposited with the Trustee pursuant to
Section 4.1 shall be held in trust and applied by the Trustee, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Issuers acting as their own Paying
Agent) as the Trustee may determine, to the Persons entitled thereto, of the principal (and premium, if any) and interest for the payment of which such money or obligations have been deposited with or received by the Trustee. 

  
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 The Issuers shall pay and indemnify the Trustee against any tax, fee or other charge imposed
on or assessed against the U.S. Government Obligations deposited pursuant to Section 4.1 or the principal and interest received in respect thereof, other than any such tax, fee or other charge which by law is for the account of the Holders of
such Outstanding Securities and any coupons appertaining thereto. 
 Anything in this Article to the contrary notwithstanding, the Trustee
shall deliver or pay to the Issuers from time to time upon Issuer Request any money or U.S. Government Obligations (or other property and any proceeds therefrom) held by it as provided in Section 14.1 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 which would then be required to be deposited to effect a satisfaction and discharge, in
accordance with this Article. 
 Article V 

REMEDIES 
 
Section 5.1 Events of Default. 
 Wherever used herein with respect to the Securities of any series, “Event of
Default” means any one of the following events (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be 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), unless such event is specifically deleted or modified in or pursuant to a supplemental indenture or any Board Resolution establishing the terms of such series pursuant to
this Indenture: 
 (1) the failure to pay interest on any Security of that series on an Interest Payment Date and the default
continues for a period of 30 days; 
 (2) the failure to pay the principal (or premium, if any) of any Security of that
series at Maturity; 
 (3) a default by any Issuer or Guarantor in the observance or performance of any other covenant or
agreement contained in this Indenture, and the default continues for a period of 60 days after written notice thereof to the Issuers by the Trustee or the Holders of least 25% in the aggregate principal amount of Outstanding Securities of that
series, specifying the default (and demanding that such default be remedied); 
 (4) the failure to repay any Security of
that series surrendered for repayment at the option of the Holders thereof before their Stated Maturity in conformance with Article XIII hereof; 

  
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 (5) (A) a failure to make any payment at the maturity, including any
applicable grace period, on any Indebtedness of either Issuer or any Guarantor at any one time in an amount in excess of $75 million and continuance of this failure to pay or (B) a default on any Indebtedness of either Issuer or any
Guarantor, which default results in the acceleration of Indebtedness in an amount in excess of $75 million without such Indebtedness having been discharged or the acceleration having been cured, waived, rescinded or annulled, for a period of,
in the case of clause (A) or (B) above, 60 days or more after written notice thereof to the Issuers by the Trustee or to the Issuers and the Trustee by the Holders of at least 25% in aggregate principal amount of Outstanding Securities of such
series; provided, however, that if the failure, default or acceleration referred to in clause (A) or (B) above shall cease or be cured, waived, rescinded or annulled, then the Event of Default shall be deemed cured; 

(6) the entry of a decree or order by a court having jurisdiction in the premises adjudging either Issuer or Parent a bankrupt
or insolvent, or approving as properly filed a petition seeking reorganization, arrangement, adjustment or composition of or in respect of any Issuer under any applicable Federal or State bankruptcy, insolvency, reorganization or other similar law,
or appointing a receiver, liquidator, assignee, trustee, sequestrator (or other similar official) of either Issuer or Parent, or of any substantial part of their respective property or ordering the winding up or liquidation of their respective
affairs, and the continuance of any such decree or order unstayed and in effect for a period of 90 consecutive days; 
 (7)
the institution by either Issuer or Parent of proceedings to be adjudicated a bankrupt or insolvent, or the consent by it to the institution of bankruptcy or insolvency proceedings against it, or the filing by it of a petition or answer or consent
seeking reorganization or relief under any applicable Federal or State bankruptcy, insolvency, reorganization or other similar law, or the consent by it to the filing of any such petition or to the appointment of a receiver, liquidator, assignee,
trustee, sequestrator (or other similar official) of any Issuer or of any substantial part of its property, or the making by it of an assignment for the benefit of creditors, or the admission by it in writing of its inability to pay its debts
generally as they become due and its willingness to be adjudicated a bankrupt, or the taking of corporate action by either Issuer or Parent in furtherance of any such action; 

(8) except as permitted by this Indenture, the Guarantee of the Parent or any Subsidiary Guarantor that is a “significant
subsidiary” of the Parent (as defined in Rule 1-02 of Regulation S-X promulgated under the Securities Act) is held in any judicial proceeding to be unenforceable or
invalid or ceases for any reason to be in full force and effect, or the Parent or any such Subsidiary Guarantor, or any Person acting on behalf of the Parent or any such Subsidiary Guarantor, denies or disaffirms its obligations under its Guarantee
hereunder; or 
 (9) any other Event of Default provided with respect to Securities of that series. 

  
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 Section 5.2 Acceleration of Maturity; Rescission and
Annulment. 
 If an Event of Default (other than an Event of Default specified in Section 5.1(6) or 5.1(7)) with respect to
Securities of any series at the time Outstanding shall occur and be continuing, then and in every such case the Trustee or the Holders of at least 25% in principal amount of the Outstanding Securities of that series may declare the principal amount
(or, if the Securities of that series are Discount Securities, such portion of the principal amount as may be specified in the terms of that series) of and accrued but unpaid interest on all the Securities of that series to be due and payable
immediately, by a notice in writing to the Issuers and the Parent (and to the Trustee if given by Holders) specifying the respective Event of Default and that it is a “notice of acceleration” and the same shall become immediately due and
payable. If an Event of Default specified in Section 5.1(6) or 5.1(7) and with respect to Securities of any series at the time Outstanding occurs and is continuing, the unpaid principal amount of all the Securities of that series (or, if the
Securities of that series are Discount Securities, such portion of the principal amount of such Securities as may be specified by the terms of that series) and accrued and unpaid interest thereon shall automatically, and without any declaration or
other action on the part of the Trustee or any Holder, become immediately due and payable. 
 At any time after such a declaration of
acceleration with respect to Securities of any series has been made, the Holders of a majority in principal amount of the Outstanding Securities of that series, by written notice to the Issuers, the Parent and the Trustee, may rescind and annul such
declaration and its consequences if: 
 (1) the rescission would not conflict with any judgment or decree; 

(2) all existing Events of Default have been cured or waived except nonpayment of principal or interest that has become due
solely because of the acceleration; and 
 (3) to the extent the payment of such interest is lawful, interest on overdue
installments of interest and overdue principal, which has become due otherwise than by such declaration of acceleration, has been paid. 

No such rescission shall affect any subsequent Event of Default or impair any right consequent thereto. 

Holders may not enforce this Indenture except as provided in this Indenture and under the Trust Indenture Act. Subject to the provisions
herein relating to the duties of the Trustee in case an Event of Default shall occur and be continuing, the Trustee will be under no obligation to exercise any of its rights or powers under this Indenture at the request or discretion of any of the
Holders, unless the Holders shall have offered to the trustee security or indemnity satisfactory to the Trustee. 

  
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 Section 5.3 Collection of Indebtedness and Suits for
Enforcement by Trustee. 
 The Issuers covenant that if: 

(1) default is made in the payment of any installment of interest (including any Additional Interest) on any Security when such
interest becomes due and payable and such default continues for a period of 30 days, or 
 (2) default is made in the payment
of the principal of (and premium, if any, on) any Security at the Maturity thereof, 
 the Issuers will, upon demand of the Trustee, pay to the Trustee, for
the benefit of the Holders of such Securities, the whole amount then due and payable on such Securities for principal, including any sinking fund payment or analogous obligations (and premium, if any) and interest (including any Additional Interest)
and, in addition thereto, all amounts owing the Trustee under Section 6.7. 
 If the Issuers fail to pay such amounts forthwith upon
such demand, the Trustee, in its own name and as trustee of an express trust, may institute a judicial proceeding for the collection of the sums so due and unpaid, and may prosecute such proceeding to judgment or final decree, and may enforce the
same against either Issuer, any Guarantor or any other obligor upon the Securities and collect the moneys adjudged or decreed to be payable in the manner provided by law out of the property of either Issuer, any Guarantor or any other obligor upon
the Securities, wherever situated. 
 If an Event of Default with respect to Securities of any series occurs and is continuing, the Trustee
may in its discretion proceed to protect and enforce its rights and the rights of the Holders of Securities of such series by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and enforce any such rights,
whether for the specific enforcement of any covenant or agreement in this Indenture or in aid of the exercise of any power granted herein, or to enforce any other proper remedy. 

Section 5.4 Trustee May File Proofs of Claim. 

In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or
other judicial proceeding relative to either Issuer, any Guarantor or any other obligor upon the Securities of any series or the property of either Issuer, any Guarantor or of such other obligor or their creditors: 

(a) the Trustee (irrespective of whether the principal of the Securities of any series shall then be due and payable as therein expressed or by
declaration or otherwise and irrespective of whether the Trustee shall have made any demand on the Issuers or the applicable Guarantor for the payment of overdue principal (and premium, if any) or interest (including any Additional Interest)) shall
be entitled and empowered, by intervention in such proceeding or otherwise, 
 (i) to file and prove a claim for the whole
amount of principal (and premium, if any) and interest (including any Additional Interest) owing and unpaid in respect to the Securities and to file such other papers or documents as may be necessary or advisable and to take any and all actions as
are authorized under the Trust Indenture Act in order to have the claims of the Holders and any predecessor to the Trustee under Section 6.7 allowed in any such judicial proceedings; and 

  
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 (ii) in particular, the Trustee shall be authorized to collect and receive
any moneys or other property payable or deliverable on any such claims and to distribute the same in accordance with Section 5.6; and 

(b) any custodian, receiver, assignee, trustee, liquidator, sequestrator (or other similar official) in any such judicial proceeding is hereby
authorized by each Holder to make such payments to the Trustee for distribution in accordance with Section 5.6, 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 to it and any predecessor Trustee under Section 6.7. 
 Nothing herein contained shall be deemed to authorize the Trustee to
authorize or consent to or accept or adopt on behalf of any Holder of a Security of any series any plan of reorganization, arrangement, adjustment or composition affecting the Securities of such series, or any related Guarantees, or the rights of
any Holder thereof, or to authorize the Trustee to vote in respect of the claim of any Holder of securities of such series in any such proceeding; provided, however, that the Trustee may, on behalf of the Holders, vote for the election
of a trustee in bankruptcy or similar official and be a member of a creditors’ or other similar committee. 
 
Section 5.5 Trustee May Enforce Claim Without Possession of Securities. 
 All rights of action and claims under this
Indenture or the Securities of any series or any related Guarantees may be enforced by the Trustee without the possession of any of the Securities of such series or the production thereof in any proceeding relating thereto, and any such proceeding
instituted by the Trustee shall be brought in its own name as trustee of an express trust, and any recovery of judgment shall, after provision for the payment of all the amounts owing the Trustee and any predecessor Trustee under Section 6.7,
its agents and counsel, be for the ratable benefit of the Holders of the Securities of such series in respect of which such judgment has been recovered. 

Section 5.6 Application of Money Collected. 

Any money or property collected or to be applied by the Trustee with respect to a series of Securities pursuant to this Article shall be
applied in the following order and, in case of the distribution of such money or property on account of principal (or premium, if any) or interest (including any Additional Interest), upon presentation of the Securities and the notation thereon of
the payment if only partially paid and upon surrender thereof if fully paid: 
  

	 	FIRST:	To the payment of all amounts due the Trustee and any predecessor Trustee; 

  

	 	SECOND:	To the payment of the amounts then due and unpaid upon such series of Securities for principal (and premium, if any) and interest (including any Additional Interest), in respect of which or for the benefit of which such
money has been collected, ratably, without preference or priority of any kind, according to the amounts due and payable on such series of Securities for principal (and premium, if any) and interest (including any Additional Interest), respectively;
and 

  
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	 	THIRD:	The balance, if any, to the Person or Persons entitled thereto. 

 The Trustee may fix record
dates and payment dates for any payment to Holders pursuant to this Article. 
 Section 5.7
Limitation on Suits. 
 No Holder of any Securities of any series shall have any right to institute any proceeding, judicial or
otherwise, with respect to this Indenture or for the appointment of a receiver, assignee, trustee, liquidator, sequestrator (or other similar official) or for any other remedy hereunder, unless: 

(1) such Holder has previously given written notice to the Trustee of a continuing Event of Default with respect to the
Securities of that series; 
 (2) the Holders of not less than 25% in principal amount of the Outstanding Securities of that
series shall have made written request to the Trustee to institute proceedings in respect of such Event of Default in its own name as Trustee hereunder; 

(3) such Holder or Holders have offered to the Trustee indemnity satisfactory to the Trustee against the costs, expenses and
liabilities to be incurred in compliance with such request; 
 (4) the Trustee for 60 days after its receipt of such notice,
request and offer of indemnity has failed to institute any such proceeding; and 
 (5) no direction inconsistent with such
written request has been given to the Trustee during such 60-day period by the Holders of a majority in principal amount of the Outstanding Securities of that series; 

it being understood and intended that no one or more of such Holders shall have any right in any manner whatever by virtue of, or by availing itself of, any
provision of this Indenture to affect, disturb or prejudice the rights of any other Holders of Securities, or to obtain or to seek to obtain priority or preference over any other of such Holders or to enforce any right under this Indenture, except
in the manner herein provided and for the equal and ratable benefit of all such Holders (it being further understood that the Trustee does not have an affirmative duty to ascertain whether or not any action the Holders direct it to take affects,
disturbs or prejudices another Holder or obtains a priority or preference over another Holder). 

Section 5.8 Unconditional Right of Holders to Receive Principal, Premium and Interest. 

Notwithstanding any other provision in this Indenture and any provision of any Security of any series, the Holder of any Security shall have
the right, which is absolute and unconditional, to receive payment of the principal of (and premium, if any) and (subject to Section 3.7) interest (including any Additional Interest) on such Security on the respective Stated Maturities
expressed in such Security (or, in the case of redemption or repayment, on the Redemption Date or the Repayment Date, as the case may be) and to institute suit for the enforcement of any such payment on or after such respective dates against either
Issuer or any Guarantor, and such right shall not be impaired without the consent of such Holder. 

  
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 Section 5.9 Restoration of Rights and Remedies.

 If the Trustee or any Holder has instituted any proceeding to enforce any right or remedy under this Indenture and such proceeding has
been discontinued or abandoned for any reason, or has been determined adversely to the Trustee or such Holder, then and in every such case the Issuers, the Guarantors, the Trustee and the Holders shall, subject to any determination in such
proceeding, be restored severally and respectively to their former positions hereunder, and thereafter all rights, remedies and powers of the Issuers, the Guarantors, the Trustee and the Holders shall continue as though no such proceeding had been
instituted. 
 Section 5.10 Rights and Remedies Cumulative. 

Except as otherwise provided in the last paragraph of Section 3.6, no right or remedy herein conferred upon or reserved to the Trustee or
to the Holders is intended to be exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at
law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy. 

Section 5.11 Delay or Omission Not Waiver. 

No delay or omission of the Trustee or any Holder of any Security to exercise any right or remedy accruing upon any Event of Default shall
impair any such right or remedy or constitute a waiver of any such Event of Default or an acquiescence therein. 
 Every right and remedy
given by this Article or by law to the Trustee or to the Holders may be exercised from time to time, and as often as may be deemed expedient, by the Trustee or the Holders, as the case may be. 

Section 5.12 Control by Holders. 

The Holders of a majority in principal amount of the Outstanding Securities of any series shall have the right to direct the time, method and
place of conducting any proceeding for any remedy available to the Trustee or exercising any trust or power conferred on the Trustee, with respect to the Securities of such series, provided that: 

(1) such direction shall not be in conflict with any rule of law or with this Indenture or with the Securities of such series,

 (2) the Trustee may take any other action deemed proper by the Trustee that is not inconsistent with such direction, and

 (3) subject to the provisions of Section 6.1, the Trustee shall have the right to decline to follow such direction if
the Trustee shall determine that the proceeding so directed would be unjustly prejudicial to the Holders not joining in any such direction or would involve the Trustee in personal liability. 

  
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 Prior to taking any action pursuant to this Section 5.12, the Trustee shall be entitled
to security or indemnification satisfactory to it in its sole discretion from Holders protecting the Trustee against all losses and expenses caused by taking or not taking such action. 

Section 5.13 Waiver of Past Defaults. 

The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may waive any past default hereunder
(including any default as defined in Section 6.02) or Event of Default and its consequences with respect to such series except any default or Event of Default: 

(1) in the payment of the principal of (or premium, if any) or interest (including any Additional Interest, if any) on any
Security of such series; 
 (2) in respect of the payment of the Redemption Price or any Interest on the Securities of such
series called for redemption on a Redemption Date pursuant to Article XI; or 
 (3) in respect of a provision hereof that
under Article IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. 

Any such waiver shall be deemed to be on behalf of the Holders of all the Securities of such series. 

Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for
every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon. 

Section 5.14 Undertaking for Costs. 

All parties to this Indenture agree, and each Holder of any Security by his acceptance thereof shall be deemed to have agreed, that any court
may in its discretion require, 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, the filing by any party litigant in such suit of an
undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the
claims or defenses made by such party litigant; but the provisions of this Section 5.14 shall not apply to any suit instituted by the Trustee, to any suit instituted by any Holder, or group of Holders, holding in the aggregate more than 10% in
principal amount of the Outstanding Securities of any series, or to any suit instituted by any Holder for the enforcement of the payment of the principal of (or premium, if any) or interest (including any Additional Interest) on any Security on or
after the respective Stated Maturities expressed in such Security. 

  
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 Section 5.15 Waiver of Usury, Stay or Extension
Laws. 
 The Issuers and each Guarantor covenant (to the extent that it may lawfully do so) that they will not at any time insist upon,
or plead, or in any manner whatsoever claim or take the benefit or advantage of, any usury, stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture; and the
Issuers and each Guarantor (to the extent that it may lawfully do so) hereby expressly waive all benefit or advantage of any such law, and covenants that they will not hinder, delay or impede the execution of any power herein granted to the Trustee,
but will suffer and permit the execution of every such power as though no such law had been enacted. 

Article VI 

THE TRUSTEE 
 
Section 6.1 Certain Duties and Responsibilities. 
 (a) If an Event of Default has occurred and is continuing, the Trustee
shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in such 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 with respect to the Securities of any series: 

(i) the Trustee undertakes to perform 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 
 (ii) 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; provided, however,
in the case of any such certificates or opinions which by any provision hereof are specifically required to be furnished to the Trustee, the Trustee shall examine such certificates and opinions to determine whether, on their face, they appear to
conform to the requirements of this Indenture (but need not confirm or investigate the accuracy of any such opinions and certificates, including mathematical calculations or other facts stated therein). 

(c) The Trustee may not be relieved from liabilities for its own negligent action, its own negligent failure to act or its own willful
misconduct, except that: 
 (i) this paragraph does not limit the effect of Section 6.1(b); 

(ii) the Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer, unless it is proved that the
Trustee was negligent in ascertaining the pertinent facts; and 

  
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 (iii) the Trustee shall not be liable with respect to any action it takes or omits to take
in good faith in accordance with a direction received by it pursuant to Section 5.12. 
 (d) Whether or not therein expressly so
provided, every provision of this Indenture that in any way relates to the Trustee is subject to the provisions of this Section 6.1. 

(e) Notwithstanding the foregoing, no provision of this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur
any financial liability in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers, if it shall have reasonable grounds for believing that repayment of such funds or adequate indemnity against such risk or
liability is not reasonably assured to it. 
 Section 6.2 Notice of Defaults. 

Within 90 days after the occurrence of any default hereunder with respect to the Securities of any series known to the Trustee (as provided in
Section 6.3(j)) or if it is not known to the Trustee (as provided in Section 6.3(j)), promptly (and in any event within 10 Business Days) after it becomes known to the Trustee (as provided in Section 6.3(j)), the Trustee shall
transmit by mail to all Holders of Securities of such series, as their names and addresses appear in the Securities Register, notice of such default, unless such default shall have been cured or waived; provided, however, that, in the
case of any default of the character specified in Section 5.1(6) with respect to Securities of any series, no such notice shall be given until at least 60 days after it is known to the Trustee (as provided in Section 6.3(j));
provided, further, that except in the case of a default in the payment of the principal of (or premium, if any) or interest (including any Additional Interest) on any Security of such series, the Trustee shall be protected in
withholding such notice if and so long as the Trustee in good faith determines that the withholding of such notice is in the interests of the Holders of Securities of such series. For the purpose of this Section 6.2, the term
“default” means any event that is, or after notice or lapse of time or both would become, an Event of Default with respect to Securities of such series (other than an Event of Default under 5.1(3) as a result of the failure to comply with
the requirements of Section 7.4). 
 Section 6.3 Certain Rights of Trustee. 

Subject to the provisions of Section 6.1: 

(a) the Trustee may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument,
opinion, report, notice, request, direction, consent, order, bond, debenture, Security or other paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties; 

(b) any request or direction of the Issuers mentioned herein shall be sufficiently evidenced by an Issuer Request or Issuer Order and any
resolution of the Board of Directors may be sufficiently evidenced by a Board Resolution; 
 (c) whenever in the administration of this
Indenture the Trustee shall deem it desirable that a matter be proved or established prior to taking, suffering or omitting any action hereunder, the Trustee (unless other evidence be herein specifically prescribed) may, in the absence of bad faith
on its part, rely upon an Officers’ Certificate, an Opinion of Counsel, or both; 

  
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 (d) the Trustee may consult with counsel and the advice of such counsel or any Opinion of
Counsel shall be full and complete authorization and protection in respect of any action taken, suffered or omitted by it hereunder in good faith and in reliance thereon; 

(e) the Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request or direction
of any of the Holders pursuant to this Indenture, unless such Holders shall have offered to the Trustee security or indemnity satisfactory to it against the costs, expenses and liabilities that might be incurred by it in compliance with such request
or direction; 
 (f) the Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution,
certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, indenture, security or other paper or document, but the Trustee in its discretion may make such inquiry or investigation into such facts or
matters as it may see fit, and, if the Trustee shall determine to make such inquiry or investigation, it shall be entitled to examine the books, records and premises of the Issuers, personally or by agent or attorney, at the sole cost of the Issuers
and shall incur no liability of any kind by reason of such inquiry or investigation; 
 (g) the Trustee may execute any of the trusts or
powers hereunder or perform any duties hereunder either directly or by or through agents or attorneys and the Trustee shall not be responsible for any misconduct or negligence on the part of any agent or attorney appointed with due care by it
hereunder; 
 (h) the rights, privileges, protections, immunities and benefits given to the Trustee, including, without limitation, its right
to be indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder, and each agent, custodian and other Person employed to act hereunder; and 

(i) in no event shall the Trustee be responsible or liable for special, indirect, punitive or consequential loss or damage of any kind
whatsoever (including, but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the likelihood of such loss or damage and regardless of the form of action; 

(j) the Trustee shall not be deemed to have notice of any default (as defined in Section 6.2) or Event of Default unless a Responsible
Officer of the Trustee has actual knowledge thereof or unless written notice of any event which is in fact such a default is received by the Trustee at the Corporate Trust Office of the Trustee, and such notice references the Securities and this
Indenture; 
 (k) the rights, privileges, protections, immunities and benefits given to the Trustee, including, without limitation, its right
to be indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder, and each agent, custodian and other Person employed to act hereunder; 

  
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 (l) in no event shall the Trustee be responsible or liable for any failure or delay in the
performance of its obligations under this Indenture arising out of or caused by, directly or indirectly, forces beyond its reasonable control, including strikes, work stoppages, accidents, acts of war or terrorism, civil or military disturbances,
nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software or hardware) services; it being understood that the Trustee shall use reasonable efforts consistent with
accepted practices in the banking industry to resume performance as soon as practicable under the circumstances; 
 (m) the permissive rights
of the Trustee to take certain actions under this Indenture shall not be construed as a duty unless so specified herein; and 
 (n) the
Trustee shall not be required to give any bond or surety in respect of the performance of its powers and duties hereunder. 
 
Section 6.4 Not Responsible for Recitals or Issuance of Securities. 
 The recitals contained herein and in the Securities
of any series and any related Guarantees, except the Trustee’s certificates of authentication, shall be taken as the statements of the Issuers and any applicable Guarantors, and neither the Trustee nor any Authenticating Agent assumes any
responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Securities, except that the Trustee represents that it is duly authorized to execute and deliver this Indenture
and authenticate the Securities and perform its obligations hereunder. Neither the Trustee nor any Authenticating Agent shall be accountable for the use or application by the Issuers and any Guarantors of the Securities or the proceeds thereof. 

Section 6.5 May Hold Securities. 

The Trustee, any Authenticating Agent, any Paying Agent, any Securities Registrar or any other agent of the Issuers or any Guarantor, in its
individual or any other capacity, may become the owner or pledgee of Securities and, subject to Sections 6.8 and 6.13, may otherwise deal with the Issuers and any Guarantors with the same rights it would have if it were not Trustee, Authenticating
Agent, Paying Agent, Securities Registrar or such other agent. 
 Section 6.6 Money Held in
Trust. 
 Money held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law. The
Trustee shall be under no liability for interest on any money received by it hereunder except as otherwise agreed with the Issuers and any interest on or investment of any money received by it shall be for the exclusive benefit of the Issuers. 

Section 6.7 Compensation and Indemnity. 

Each Issuer and Guarantor agrees, jointly and severally: 

(1) to pay to the Trustee from time to time such compensation as the Issuers and the Trustee have agreed in writing for all
services rendered by it hereunder (which compensation shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust); 

  
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 (2) except as otherwise expressly provided herein, to reimburse the Trustee
upon its request for all reasonable expenses, disbursements and advances incurred or made by the Trustee in accordance with any provision of this Indenture (including the reasonable compensation and the expenses and disbursements of its agents and
counsel), except to the extent any such expense, disbursement or advance is determined by a final, non-appealable judgment of a court of competent jurisdiction to have been caused by the Trustee’s
negligence, bad faith or willful misconduct; and 
 (3) to indemnify, defend and protect the Trustee for, and to hold it
harmless against, any loss, liability, claim, action, suit, cost or expense of any kind and nature whatsoever, arising out of or in connection with the acceptance or administration of this trust or the performance of its duties hereunder, including
the costs and expenses (including reasonable attorneys’ fees and expenses and court costs) of enforcing this Indenture against the Issuers and the Guarantors (including this Section 6.7) or defending itself against any claim or liability
in connection with the exercise or performance of any of its powers or duties hereunder, except to the extent such loss, liability, claim, action, suit, cost or expense is determined by a final, non-appealable
judgment of a court of competent jurisdiction to have been caused by the Trustee’s negligence, bad faith or willful misconduct. The Trustee will notify the Issuers promptly of any claim for which it may seek indemnity. The Issuers and the
Guarantors will defend the claim, and the Trustee will reasonably cooperate in the defense. The Trustee may have separate counsel, and the Issuers and the Guarantors will pay the reasonable fees and expenses of such counsel. Neither an Issuer nor
any Guarantor need pay for any settlement made without its consent, which consent will not be unreasonably withheld. 
 To secure the
payment obligations of the Issuers and the Guarantors, if any, in this Section 6.7, the Trustee shall have a lien prior to the Securities on all money or property held or collected by the Trustee, except for money or property held in trust to
pay principal of, premium (if any) and interest on the Securities. Such lien and any Issuer’s or Guarantor’s obligations under this Section 6.7 shall survive the satisfaction and discharge of this Indenture. 

When the Trustee incurs expenses or renders services after an Event of Default specified in Section 5.1(6) or (7) occurs, the
expenses and the compensation for the services are intended to constitute expenses of administration under any Bankruptcy Law. 
 
Section 6.8 Disqualification; Conflicting Interests. 
 If the Trustee has or shall acquire a conflicting interest within
the meaning of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture. To the extent permitted by
the Trust Indenture Act, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Securities of more than one series if all such series rank equally at the time of issuance.

  
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 Section 6.9 Corporate Trustee Required;
Eligibility. 
 There shall at all times be a Trustee hereunder with respect to the Securities of each series, which may be Trustee
hereunder for Securities of one or more other series. Each Trustee shall be a Person that is eligible pursuant to the Trust Indenture Act to act as such and shall be: 

(a) a corporation organized and doing business under the laws of the United States of America or of any State or Territory or the District of
Columbia, authorized under such laws to exercise corporate trust powers and subject to supervision or examination by Federal, State, Territorial or District of Columbia authority; or 

(b) a corporation or other Person organized and doing business under the laws of a foreign government that is permitted to act as Trustee
pursuant to a rule, regulation or order of the Commission, authorized under such laws to exercise corporate trust powers, and subject to supervision or examination by authority of such foreign government or a political subdivision thereof
substantially equivalent to supervision or examination applicable to United States institutional trustees; 
 in either case having a combined capital and
surplus of at least $50,000,000, subject to supervision or examination by Federal or State authority. If such corporation publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or
examining authority, then, for the purposes of this Section 6.9, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at
any time the Trustee with respect to the Securities of any series shall cease to be eligible in accordance with the provisions of this Section 6.9, it shall resign immediately in the manner and with the effect hereinafter specified in this
Article. Neither the Issuers, any Guarantors nor any Person directly or indirectly controlling, controlled by or under common control with either Issuer or any Guarantor shall serve as Trustee for the Securities of any series issued hereunder. 

Section 6.10 Resignation and Removal; Appointment of Successor. 

(a) No resignation or removal of the Trustee and no appointment of a successor Trustee pursuant to this Article shall become effective until
the acceptance of appointment by the successor Trustee under Section 6.11. 
 (b) The Trustee may resign at any time with respect to the
Securities of one or more series by giving written notice thereof to the Issuers. If an instrument of acceptance by a successor Trustee shall not have been delivered to the Trustee within 30 days after the giving of such notice of resignation, the
resigning Trustee (at the expense of the Issuers) may petition any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series. 

(c) The Trustee may be removed at any time with respect to the Securities of any series by Act of the Holders of a majority in principal amount
of the Outstanding Securities of such series, delivered to the Trustee and to the Issuers not less than 30 days prior to the effective date of such removal. 

  
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 (d) If at any time: 

(1) the Trustee shall fail to comply with Section 6.8 after written request therefor by the Issuers or by any Holder who
has been a bona fide Holder of a Security for at least six months; or 
 (2) the Trustee shall cease to be eligible under
Section 6.9 and shall fail to resign after written request therefor by the Issuers or by any such Holder; or 
 (3) the
Trustee shall become incapable of acting or shall be adjudged a bankrupt or insolvent or a receiver of the Trustee or of its property shall be appointed or any public officer shall take charge or control of the Trustee or of its property or affairs
for the purpose of rehabilitation, conservation or liquidation; 
 then, in any such case, (i) the Issuers, each acting pursuant to the authority of a
Board Resolution, may remove the Trustee with respect to all Securities, or (ii) subject to Section 5.14, any Holder who has been a bona fide Holder of a Security for at least six months may, on behalf of himself and all others similarly
situated, petition any court of competent jurisdiction for the removal of the Trustee with respect to all Securities and the appointment of a successor Trustee or Trustees. 

(e) If the Trustee shall resign, be removed or become incapable of acting, or if a vacancy shall occur in the office of Trustee for any cause
with respect to the Securities of one or more series, the Issuers, each by a Board Resolution, shall promptly appoint a successor Trustee or Trustees with respect to the Securities of that or those series (it being understood that any such successor
Trustee may be appointed with respect to the Securities of one or more or all of such series and that at any time there shall be only one Trustee with respect to the Securities of any particular series) and shall comply with the applicable
requirements of Section 6.11. If, within one year after such resignation, removal or incapability, or the occurrence of such vacancy, a successor Trustee with respect to the Securities of any series shall be appointed by Act of the Holders of a
majority in principal amount of the Outstanding Securities of such series delivered to the Issuers and the retiring Trustee, the successor Trustee so appointed shall, forthwith upon its acceptance of such appointment, become the successor Trustee
with respect to the Securities of such series and supersede the successor Trustee appointed by the Issuers. If no successor Trustee with respect to the Securities of any series shall have been so appointed by the Issuers or the Holders and accepted
appointment in the manner hereinafter provided, the Trustee (at the expense of the Issuers) or any Holder who has been a bona fide Holder of a Security of such series for at least six months may, subject to Section 5.14, on behalf of himself
and all others similarly situated, petition any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series. 

(f) The Issuers shall give notice of each resignation and each removal of the Trustee with respect to the Securities of any series and each
appointment of a successor Trustee with respect to the Securities of any series by mailing written notice of such event by first-class mail, postage prepaid, to the Holders of Securities of such series as their names and addresses appear in the
Securities Register. Each notice shall include the name of the successor Trustee with respect to the Securities of such series and the address of its Corporate Trust Office. 

  
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 Section 6.11 Acceptance of Appointment by
Successor. 
 (a) In case of the appointment hereunder of a successor Trustee with respect to all Securities, every such successor
Trustee so appointed shall execute, acknowledge and deliver to the Issuers and to the retiring Trustee an instrument accepting such appointment, and thereupon the resignation or removal of the retiring Trustee shall become effective and such
successor Trustee, without any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee; but, on the request of the Issuers or the successor Trustee, such retiring Trustee shall,
upon payment of its charges, execute and deliver an instrument transferring to such successor Trustee all the rights, powers and trusts of the retiring Trustee and shall duly assign, transfer and deliver to such successor Trustee all property and
money held by such retiring Trustee hereunder. 
 (b) In case of the appointment hereunder of a successor Trustee with respect to the
Securities of one or more (but not all) series, the Issuers, the retiring Trustee and each successor Trustee with respect to the Securities of one or more series shall execute and deliver an instrument in writing or an indenture supplemental hereto
wherein each successor Trustee shall accept such appointment and that (1) shall contain such provisions as shall be necessary or desirable to transfer and confirm to, and to vest in, each successor Trustee all the rights, powers, trusts and
duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor Trustee relates, (2) if the retiring Trustee is not retiring with respect to all Securities, shall contain such
provisions as shall be deemed necessary or desirable to confirm that all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series as to which the retiring Trustee is not retiring shall
continue to be vested in the retiring Trustee, and (3) shall add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee, it
being understood that nothing herein or in such instrument in writing or supplemental indenture shall constitute such Trustees co-trustees of the same trust and that each such Trustee shall be trustee of a
trust or trusts hereunder separate and apart from any trust or trusts hereunder administered by any other such Trustee; and upon the execution and delivery of such instrument in writing or supplemental indenture the resignation or removal of the
retiring Trustee shall become effective to the extent provided therein and each such successor Trustee, without any further act, deed or conveyance, shall become vested with all the rights, powers, trusts, and duties of the retiring Trustee with
respect to the Securities of that or those series to which the appointment of such successor Trustee relates; but, on request of the Issuers or any successor Trustee, such retiring Trustee shall duly assign, transfer and deliver to such successor
Trustee all property and money held by such retiring Trustee hereunder with respect to the Securities of that or those series to which the appointment of such successor Trustee relates. 

(c) Upon request of any such successor Trustee, the Issuers shall execute any and all instruments for more fully and certainly vesting in and
confirming to such successor Trustee all rights, powers and trusts referred to in paragraph (a) or (b) of this Section 6.11, as the case may be. 

(d) No successor Trustee shall accept its appointment unless at the time of such acceptance such successor Trustee shall be qualified and
eligible under this Article. 

  
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 (e) Notwithstanding replacement of the Trustee or Trustees pursuant to this
Section 6.11, the obligations of the Issuers and the Guarantors under Section 6.7 shall continue for the benefit of the retiring Trustee or Trustees. 

Section 6.12 Merger, Conversion, Consolidation or Succession to Business. 

Any corporation into which the Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting from any
merger, conversion or consolidation to which the Trustee shall be a party, or any corporation succeeding to all or substantially all of the corporate trust business of the Trustee, shall be the successor of the Trustee hereunder, provided
such corporation shall be otherwise qualified and eligible under this Article, without the execution or filing of any paper or any further act on the part of any of the parties hereto. In case any Securities shall have been authenticated, but not
delivered, by the Trustee then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may adopt such authentication and deliver the Securities so authenticated, and in case any Securities shall not have been
authenticated, any successor to the Trustee may authenticate such Securities either in the name of any predecessor Trustee or in the name of such successor Trustee, and in all cases the certificate of authentication shall have the full force that it
is provided anywhere in the Securities or in this Indenture that the certificate of the Trustee shall have. 

Section 6.13 Preferential Collection of Claims Against Any Issuer or Guarantor. 

If and when the Trustee shall be or become a creditor of any Issuer, any Guarantor or any other obligor upon the Securities, the Trustee shall
be subject to the provisions of the Trust Indenture Act regarding the collection of claims against such Issuer, Guarantor or other obligor. 

Section 6.14 Appointment of Authenticating Agent. 

The Trustee may appoint an Authenticating Agent or Agents with respect to one or more series of Securities that shall be authorized to act on
behalf of the Trustee to authenticate Securities of such series issued upon original issue and upon exchange, registration of transfer or partial redemption thereof or pursuant to Section 3.6, and Securities so authenticated shall be entitled
to the benefits of this Indenture and shall be valid and obligatory for all purposes as if authenticated by the Trustee hereunder. Wherever reference is made in this Indenture to the authentication and delivery of Securities by the Trustee or the
Trustee’s certificate of authentication, such reference shall be deemed to include authentication and delivery on behalf of the Trustee by an Authenticating Agent and a certificate of authentication executed on behalf of the Trustee by an
Authenticating Agent. Each Authenticating Agent shall be acceptable to the Issuers and shall at all times be a corporation organized and doing business under the laws of the United States of America, or of any State or Territory or the District of
Columbia, authorized under such laws to act as Authenticating Agent, having a combined capital and surplus of not less than $50,000,000 and subject to supervision or examination by Federal or State authority. If such Authenticating Agent publishes
reports of condition at least annually, pursuant to law or to the requirements of said supervising or examining authority, then for the purposes of this Section 6.14 the combined capital and surplus of such Authenticating Agent shall be deemed
to 

  
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be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time an Authenticating Agent shall cease to be eligible in accordance with the
provisions of this Section 6.14, such Authenticating Agent shall resign immediately in the manner and with the effect specified in this Section 6.14. 

Any corporation into which an Authenticating Agent may be merged or converted or with which it may be consolidated, or any corporation
resulting from any merger, conversion or consolidation to which such Authenticating Agent shall be a party, or any corporation succeeding to all or substantially all of the corporate trust business of an Authenticating Agent shall be the successor
Authenticating Agent hereunder, provided such corporation shall be otherwise eligible under this Section 6.14, without the execution or filing of any paper or any further act on the part of the Trustee or the Authenticating Agent. 

An Authenticating Agent may resign at any time by giving written notice thereof to the Trustee and to the Issuers. The Trustee may at any time
terminate the agency of an Authenticating Agent by giving written notice thereof to such Authenticating Agent and to the Issuers. Upon receiving such a notice of resignation or upon such a termination, or in case at any time such Authenticating
Agent shall cease to be eligible in accordance with the provisions of this Section 6.14, the Trustee may appoint a successor Authenticating Agent that shall be acceptable to the Issuers and shall give notice of such appointment in the manner
provided in Section 1.7 to all Holders of Securities of the series with respect to which such Authenticating Agent will serve. Any successor Authenticating Agent upon acceptance of its appointment hereunder shall become vested with all the
rights, powers and duties of its predecessor hereunder, with like effect as if originally named as an Authenticating Agent. No successor Authenticating Agent shall be appointed unless eligible under the provision of this Section 6.14. 

Each Issuer agrees to pay to each Authenticating Agent from time to time reasonable compensation for its services under this
Section 6.14. 
 If an appointment with respect to one or more series is made pursuant to this Section 6.14, the Securities of
such series may have endorsed thereon, in addition to the Trustee’s certificate of authentication, an alternative certificate of authentication in the following form: 

This is one of the Securities of the series designated therein referred to in the within mentioned Indenture. 

Dated: 
  

			
	 WELLS FARGO BANK, NATIONAL ASSOCIATION,

not in its individual capacity but solely as Trustee

		
	By:	 	 
		 	AS AUTHENTICATING AGENT
		
	By:	 	 
		 	AUTHORIZED SIGNATORY

  
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 Article VII 

HOLDER’S LISTS AND REPORTS BY TRUSTEE AND ISSUERS 

Section 7.1 Issuers to Furnish to Trustee Names and Addresses of Holders. 

The Issuers will furnish or cause to be furnished to the Trustee: 

(a) monthly, quarterly or semi-annually, as the case may be, not more than 15 days after each Regular Record Date in each year, a list, in such
form as the Trustee may reasonably require, of the names and addresses of the Holders of Securities of each series as of such Regular Record Date; and 

(b) at such other times as the Trustee may request in writing, within 30 days after the receipt by the Issuers of any such request, a list of
similar form and content as of a date not more than 15 days prior to the time such list is furnished; 
 excluding from any such list names and addresses
received by the Trustee in its capacity as Securities Registrar. 
 Section 7.2 Preservation of
Information, Communications to Holders. 
 (a) The Trustee shall preserve, in as current a form as is reasonably practicable, the names
and addresses of Holders contained in the most recent list furnished to the Trustee as provided in Section 7.1 and the names and addresses of Holders received by the Trustee in its capacity as Securities Registrar. The Trustee may destroy any
list furnished to it as provided in Section 7.1 upon receipt of a new list so furnished. 
 (b) The rights of Holders to communicate
with other Holders with respect to their rights under this Indenture or under the Securities, and the corresponding rights and privileges of the Trustee, shall be as provided in the Trust Indenture Act. 

(c) Every Holder of Securities, by receiving and holding the same, agrees with the Issuers and the Trustee that neither the Issuers nor the
Trustee nor any agent of either of them shall be held accountable by reason of the disclosure of information as to the names and addresses of the Holders made pursuant to the Trust Indenture Act. 

Section 7.3 Reports by Trustee. 

(a) The Trustee shall transmit to Holders such reports concerning the Trustee and its actions under this Indenture as may be required pursuant
to the Trust Indenture Act, at the times and in the manner provided pursuant thereto. 

  
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 (b) Reports so required to be transmitted at stated intervals of not more than 12 months
shall be transmitted no later than 60 days after May 15 in each calendar year, commencing with the first May 15 after the first issuance of Securities under this Indenture. 

(c) A copy of each such report shall, at the time of such transmission to Holders, be filed by the Trustee with each securities exchange upon
which any Securities are listed, with the Commission and with the Issuers. The Issuers will notify the Trustee in writing when any Securities are listed on any securities exchange. 

Section 7.4 Reports by Issuers. 

So long as Securities of any series are Outstanding, if either Issuer or the Parent is subject to the requirements of Section 13 or 15(d)
of the Exchange Act, such Issuer or the Parent, as the case may be, shall file with the Trustee, within 15 days after it files the same with the SEC, copies of the annual reports and the information, documents and other reports (or copies of such
portions of any of the foregoing as the SEC may by rules and regulations prescribe) that such Issuer or the Parent is required to file with the SEC pursuant to Section 13 or 15(d) of the Exchange Act, provided that the delivery
obligation hereunder shall be deemed satisfied by such Issuer or the Parent if all such items are made available to the Trustee on such Issuer’s or the Parent’s website or at the website of the SEC; provided, however, that
the Trustee shall have no obligation whatsoever to determine whether or not such materials are available on any such website. Delivery of such reports, information and documents to the Trustee shall be for informational purposes only, and the
Trustee’s receipt thereof shall not constitute constructive notice of any information contained therein or determinable from information contained therein, including the Issuers’ compliance with any of the covenants hereunder (as to which
the Trustee is entitled to rely exclusively on Officers’ Certificates). 
 Article VIII 

SUCCESSORS 
 
Section 8.1 Merger, Consolidation or Sale of Assets. 
 (a) None of the Issuers or the Parent may (i) consolidate or
merge with or into another Person or (ii) sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its properties or assets in one or more related transactions, to another Person, unless: 

(1) either: (A) such Issuer or the Parent, as applicable, is the survivor; or (B) the Person formed by or surviving
any such consolidation or merger (if other than such Issuer or the Parent) or to which such sale, assignment, transfer, lease, conveyance or other disposition has been made is a Person organized or existing under the laws of the United States, any
state of the United States or the District of Columbia; provided, however, that so long as the Company is not a corporation, Finance Corp. may not engage in any such transaction described in clause (B) of this
Section 8.1(a)(1) unless the Person formed by or surviving such consolidation or merger or to which such disposition is made is a corporation; 

  
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 (2) the Person formed by or surviving any such consolidation or merger (if
other than such Issuer or the Parent, as applicable) or the Person to which such sale, assignment, transfer, lease, conveyance or other disposition has been made assumes all the obligations of such Issuer or the Parent, as applicable, under the
Securities of each series and this Indenture pursuant to a supplemental indenture or other agreement reasonably satisfactory to the Trustee; 

(3) immediately after such transaction, no default (as defined in Section 6.2) or Event of Default exists; and 

(4) such Issuer or the Parent, as applicable, has delivered to the Trustee an Officers’ Certificate and an Opinion of
Counsel, each stating that such consolidation, merger or disposition and such supplemental indenture (if any) comply with this Indenture. 

(b) The restrictions described in Section 8.1(a)(3) will not apply to any consolidation or merger of the Parent with or into one or more
of its wholly-owned Subsidiaries for any purpose or any sale, assignment, transfer, lease, conveyance or other disposition of properties or assets of any wholly-owned Subsidiary of the Parent to the Parent or another wholly-owned Subsidiary of the
Parent. 
 (c) Notwithstanding Section 8.1(a), the Company may reorganize as any other form of entity provided that: 

(1) the entity so formed by or resulting from such reorganization is an entity organized or existing under the laws of the
United States, any state thereof or the District of Columbia; 
 (2) the entity so formed by or resulting from such
reorganization assumes all the obligations of the Company under the Securities of each series and this Indenture pursuant to a supplemental indenture or other agreement reasonably satisfactory to the Trustee; 

(3) immediately after such reorganization no default (as defined in Section 6.2) or Event of Default exists; and 

(4) such reorganization is not materially adverse to the Holders of the Securities of any series (for purposes of this
Section 8.1(c)(4) a reorganization will not be considered materially adverse to the Holders of any Securities solely because the successor or survivor of such reorganization (A) is subject to federal or state income taxation as an entity
or (B) is considered to be an “includible corporation” of an affiliated group of corporations within the meaning of Section 1504(b) of the Code, or any similar state or local law). 

(d) Notwithstanding anything in this Section 8.1 to the contrary, if the Company becomes a corporation or the Company or the Person formed
by or surviving any consolidation or merger of the Company or any of its successors hereunder (permitted in accordance with the terms of this Indenture) is a corporation, Finance Corp. may be merged into the Company or it may be dissolved and cease
to be an Issuer. 

  
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 (e) In addition, a Subsidiary Guarantor may not consolidate or merge with or into (whether
or not such Subsidiary Guarantor is the survivor), or sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its properties or assets, in one or more related transactions, to another Person other than an Issuer or
another Guarantor, unless: 
 (1) either: (A) the Subsidiary Guarantor is the survivor; or (B) the Person formed by
or surviving any such consolidation or merger (if other than the Subsidiary Guarantor) or to which such sale, assignment, transfer, lease, conveyance or other disposition has been made is a Person organized or existing under the laws of the United
States, any state of the United States or the District of Columbia; 
 (2) the Person formed by or surviving any such
consolidation or merger (if other than the Subsidiary Guarantor) or the Person to which such sale, assignment, transfer, lease, conveyance or other disposition has been made assumes all the obligations of the Subsidiary Guarantor under this
Indenture (including the Guarantee) then in effect pursuant to a supplemental indenture or other agreement reasonably satisfactory to the Trustee; 

(3) immediately after such transaction, no default (as defined in Section 6.2) or Event of Default exists; and 

(4) such Subsidiary Guarantor has delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each
stating that such consolidation, merger or disposition and such supplemental indenture (if any) comply with this Indenture. 
 
Section 8.2 Successor Substituted. 
 Upon compliance with the requirements of Section 8.1 with respect to any
consolidation or merger or any sale, assignment, transfer, conveyance, lease or other disposition of all or substantially all of the properties or assets of an Issuer, the Parent or a Subsidiary Guarantor in accordance with Section 8.1 in which
such Issuer, the Parent or such Subsidiary Guarantor, as the case may be, is not the surviving entity, the surviving Person formed by such consolidation or into or with which such Issuer, the Parent or such Subsidiary Guarantor, as the case may be,
is merged or to which such sale, assignment, transfer, conveyance, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, such Issuer, the Parent or such Subsidiary Guarantor, as the
case may be, under this Indenture with the same effect as if such surviving Person had been named as such Issuer, the Parent or such Subsidiary Guarantor, as the case may be, in this Indenture, and thereafter (except in the case of a lease of all or
substantially all of such Issuer’s, the Parent’s or such Subsidiary Guarantor’s properties or assets, as the case may be), such Issuer, the Parent or such Subsidiary Guarantor, as the case may be, will be released from all of its
obligations and covenants under this Indenture, the Securities of any series and the Guarantee, as the case may be. 

  
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 Article IX 

SUPPLEMENTAL INDENTURES 
 
Section 9.1 Supplemental Indentures Without Consent of Holders. 
 Without the consent of any Holders, the Issuers, the
Parent, the Subsidiary Guarantors and the Trustee, at any time and from time to time, may amend or supplement this Indenture or the Securities of any series by entering into one or more indentures supplemental hereto, in form reasonably satisfactory
to the Trustee, for any of the following purposes: 
 (1) to cure any ambiguity, defect or inconsistency; 

(2) to provide for uncertificated Securities in addition to or in place of certificated notes; 

(3) to comply with the requirements of the Commission in order to effect or maintain the qualification of this Indenture under
the Trust Indenture Act; 
 (4) to evidence and provide for the acceptance of appointment by a successor Trustee; 

(5) to conform the terms of this Indenture, the Securities or any Guarantee to any provision or other description of such
Securities or Guarantee, as the case may be, contained in any applicable offering document related thereto; 
 (6) to provide
for the assumption by a successor corporation, partnership, trust or limited liability company of Issuers’ or any Guarantor’s obligations under this Indenture, the Securities or any applicable Guarantee, in each case in compliance with the
provisions thereof; 
 (7) to add any additional Guarantor or to evidence the release of any Guarantor from its Guarantee
under this Indenture or the Securities of any series, in each case in compliance with the provisions thereof; 
 (8) to
establish the form or terms of Securities of any series as permitted by Section 3.1; 
 (9) to provide for the issuance
of any additional Securities under this Indenture; 
 (10) to comply with the rules of any applicable securities depository;

 (11) to make any change that would provide any additional rights or benefits to the Holders of the Securities of any
series (including to secure the Securities of such series, add Guarantees with respect thereto, transfer any property to or with the Trustee, add to the Issuers’ covenants for the benefit of the Holders, add any additional Events of Default for
the Securities, or surrender any right or power conferred upon the Issuers or any Guarantor) or that does not adversely affect the legal rights hereunder of any Holder in any material respect; 

  
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 (12) to change or eliminate any restrictions on the payment of principal (or
premium, if any) on Securities in registered form; provided that any such action shall not adversely affect the interests of the Holders of any series of Securities in any material respect; 

(13) to supplement any provision of this Indenture as shall be necessary to permit or facilitate the defeasance and discharge
of the Securities in accordance with this Indenture; provided that such action shall not adversely affect the interests of any of the Holders of any series of Securities in any material respect; 

(14) to change or eliminate any of the provisions of this Indenture so long as such change or elimination does not affect any
Securities which are outstanding under this Indenture prior to the effectiveness of such change or elimination; or 
 (15) to
make any change that does not adversely affect the interests of any Holder of the Securities of any series. 
 Any supplemental indenture
authorized by the provisions of this Section 9.1 may be executed by the Issuers, any Guarantor and the Trustee without the consent of the Holders of any of the Securities at the time Outstanding, notwithstanding any of the provisions of
Section 9.2. 
 Section 9.2 Supplemental Indentures with Consent of Holders. 

With the consent of the Holders of not less than a majority in principal amount of the Outstanding Securities of each series affected by such
supplemental indenture, by Act of said Holders delivered to the Issuers and the Trustee, the Issuers and each Guarantor, when authorized by a Board Resolution, and the Trustee may enter into an indenture or indentures supplemental hereto for the
purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of modifying in any manner the rights of the Holders of Securities of such series under this Indenture, including a waiver;
provided, however, that no such supplemental indenture shall, without the consent of the Holder of each Outstanding Security affected thereby: 

(1) reduce the principal amount of an Outstanding Security whose Holders must consent to an amendment or waiver; 

(2) reduce the rate of, change or have the effect of changing the time for payment of interest, including Defaulted Interest,
on a series of Securities; 
 (3) reduce the principal of, change or have the effect of changing the fixed maturity of a
series of Securities, or change the date on which a series of Securities may be subject to redemption or repurchase or reduce the redemption price or repurchase price therefor; 

  
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 (4) make a series of Securities payable in currency other than that stated
in the Security or change the place of payment of a series of Securities from that stated in the Security or in this Indenture; 

(5) make any change in provisions of this Indenture protecting the right of each Holder to receive payment of principal of and
interest on the Securities on or after the due date thereof or to bring suit to enforce such payment, or permitting holders holding a majority in principal amount of a series of Securities to waive defaults or Events of Default; 

(6) make any change to or modify the ranking of any series of Securities that would adversely affect the Holders thereof; or

 (7) modify any of the provisions of this Section 9.2, Section 5.13 or Section 10.5, except to increase any
such percentage or to provide that certain other provisions of this Indenture cannot be modified or waived without the consent of the Holder of each Outstanding Security affected thereby. 

A supplemental indenture which changes or eliminates any covenant or other provision of this Indenture which has expressly been included
solely for the benefit of one or more particular series of Securities, or which modifies the rights of the Holders of Securities of such series with respect to such covenant or other provision, shall be deemed not to affect the rights under this
Indenture of the Holders of Securities of any other series. 
 It shall not be necessary for any Act of Holders under this Section 9.2
to approve the particular form of any proposed supplemental indenture, but it shall be sufficient if such Act shall approve the substance thereof. 

Section 9.3 Execution of Supplemental Indentures. 

In executing or accepting the additional trusts created by any supplemental indenture permitted by this Article or the modifications thereby
of the trusts created by this Indenture, the Trustee shall receive, and (subject to Section 6.1) shall be fully protected in relying upon, an Officers’ Certificate and an Opinion of Counsel stating that the execution of such supplemental
indenture is authorized or permitted by this Indenture and that the supplemental indenture is valid, binding and enforceable against the Issuers and the Guarantors in accordance with its terms. The Trustee may, but shall not be obligated to, enter
into any such supplemental indenture that affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise. 
 
Section 9.4 Effect of Supplemental Indentures. 
 Upon the execution of any supplemental indenture under this Article, this
Indenture shall be modified and amended in accordance therewith and the respective rights, limitation of rights, obligations, duties and immunities under this Indenture of the Trustee, the Issuers, the Guarantors and the Holders of Securities shall
thereafter be determined, exercised and enforced hereunder, subject in all respects to such modifications and amendments and all the terms and conditions of any such supplemental indenture shall be and be deemed to be part of the terms and
conditions of this Indenture for any and all purposes; and every Holder of Securities theretofore or thereafter authenticated and delivered hereunder shall be bound thereby. 

  
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 Section 9.5 Conformity with Trust Indenture Act. 

Every supplemental indenture executed pursuant to this Article shall conform to the requirements of the Trust Indenture Act as then in effect.

 Section 9.6 Reference in Securities to Supplemental Indentures. 

Securities of any series authenticated and delivered after the execution of any supplemental indenture pursuant to this Article may, and shall
if required by the Issuers, bear a notation in form approved by the Issuers as to any matter provided for in such supplemental indenture. If the Issuers shall so determine, new Securities of any series so modified as to conform, in the opinion of
the Issuers, to any such supplemental indenture may be prepared and executed by the Issuers and authenticated and delivered by the Trustee in exchange for Outstanding Securities of such series. 

Article X 

COVENANTS 
 
Section 10.1 Payment of Principal, Premium and Interest. 
 The Issuers covenant and agree for the benefit of each
series of Securities that they will duly and punctually pay the principal of (and premium, if any) and interest on the Securities of that series in accordance with the terms of such Securities and this Indenture. 

Section 10.2 Maintenance of Office or Agency. 

The Issuers will maintain in each Place of Payment for any series of Securities, an office or agency where Securities of that series may be
presented or surrendered for payment and an office or agency where Securities of that series may be surrendered for transfer or exchange and where notices and demands to or upon the Issuers in respect of the Securities of that series and this
Indenture may be served. The Issuers initially appoint the Trustee, acting through its Corporate Trust Office, as their agent for said purposes. The Issuers will give prompt written notice to the Trustee of any change in the location of any such
office or agency. If at any time the Issuers shall fail to maintain such office or agency or shall fail to furnish the Trustee with the address thereof, such presentations, surrenders, notices and demands may be made or served at the Corporate Trust
Office of the Trustee, and the Issuers hereby appoint the Trustee as their agent to receive all such presentations, surrenders, notices and demands. 

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

  
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 Section 10.3 Money for Securities Payments to be
Held in Trust. 
 If the Parent or any of its Subsidiaries shall at any time act as the Paying Agent with respect to any series of
Securities, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the
principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its failure so to act. 

Whenever the Issuers shall have one or more Paying Agents for any series of Securities, it will, prior to 10:00 a.m. New York City time on
each due date of the principal of or interest on any Securities of that series, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the
Persons entitled to such principal and premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Issuers will promptly notify the Trustee of its failure so to act. 

The Issuers will cause each Paying Agent for any series of Securities other than the Trustee to execute and deliver to the Trustee an
instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3, that such Paying Agent will: 

(1) hold all sums held by it for the payment of the principal of (and premium, if any) or interest on Securities of that series
in trust for the benefit of the Persons entitled thereto until such sums shall be paid to such Persons or otherwise disposed of as herein provided; 

(2) give the Trustee notice of any default by the Issuers (or any other obligor upon the Securities of that series) in the
making of any payment of principal of (and premium, if any) or interest; and 
 (3) at any time during the continuance of any
such default, upon the written request of the Trustee, forthwith pay to the Trustee all sums so held in trust by such Paying Agent. 
 The
Issuers may at any time, for the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose, pay, or by Issuer Order direct any Paying Agent to pay, to the Trustee all sums held in trust by the Issuers or such
Paying Agent, such sums to be held by the Trustee upon the same trusts as those upon which such sums were held by the Issuers or such Paying Agent; and, upon such payment by any Paying Agent to the Trustee, such Paying Agent shall be released from
all further liability with respect to such money. 
 Any money deposited with the Trustee or any Paying Agent, or then held by the Issuers
or the Parent, in trust for the payment of the principal of (and premium, if any) or interest on any Security of that series and remaining unclaimed for two years after such principal (and 

  
 55 

 
premium, if any) or interest has become due and payable shall be paid on Issuer Request to the Issuers, or (if then held by the Issuers) shall (unless otherwise required by mandatory provision of
applicable escheat or abandoned or unclaimed property law) be discharged from such trust; and the Holder of such Security shall thereafter, as an unsecured general creditor, look only to the Issuers and any Guarantor of such Security for payment
thereof, and all liability of the Trustee or such Paying Agent with respect to such trust money, and all liability of the Issuers as trustee thereof, shall thereupon cease. 

Section 10.4 Statement as to Compliance. 

The Issuers and any Guarantors shall deliver to the Trustee, within 120 days after the end of each calendar year of the Issuers ending after
the date hereof, an Officers’ Certificate signed by the principal executive officer, principal financial officer or principal accounting officer of each Issuer covering the preceding calendar year, stating whether or not to the best knowledge
of the signers thereof the Issuers and such Guarantors are in default in the performance, observance or fulfillment of or compliance with any of the terms, provisions, covenants and conditions of this Indenture, and if the Issuers shall be in
default, specifying all such defaults and the nature and status thereof of which they may have knowledge. For the purpose of this Section 10.4, compliance shall be determined without regard to any grace period or requirement of notice provided
pursuant to the terms of this Indenture. 
 Section 10.5 Waiver of Certain Covenants. 

The Issuers may omit in any particular instance to comply with any covenant or condition provided pursuant to Section 3.1, 9.1(9) or
9.1(11) with respect to the Securities of any series, if before or after the time for such compliance the Holders of at least a majority in principal amount of the Outstanding Securities of such series shall, by Act of such Holders, either waive
such compliance in such instance or generally waive compliance with such covenant or condition, but no such waiver shall extend to or affect such covenant or condition except to the extent so expressly waived, and, until such waiver shall become
effective, the obligations of the Issuers in respect of any such covenant or condition shall remain in full force and effect. If the Securities of a series have not been registered under the Securities Act, the Holders of at least a majority in
principal amount of such series, by Act of such Holders, may waive compliance by the Issuers with the Trust Indenture Act with respect to such series unless such compliance is otherwise required by the Trust Indenture Act. 

Article XI 

REDEMPTION OF SECURITIES 

Section 11.1 Applicability of this Article. 

Redemption of Securities of any series (whether by operation of a sinking fund or otherwise) as permitted or required by any form of Security
issued pursuant to this Indenture shall be made in accordance with such form of Security and this Article; provided, however, that if any provision of any such form of Security shall conflict with any provision of this Article, the
provision of such form of Security shall govern. Except as otherwise set forth in the form of Security for such series, each Security of such series shall be subject to partial redemption only in the minimum amount of $2,000 or integral multiples of
$1,000 thereof. 

  
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 Section 11.2 Election to Redeem; Notice to
Trustee. 
 The election of the Issuers to redeem any Securities shall be evidenced by or pursuant to a Board Resolution. In case of any
redemption at the election of the Issuers of any of the Securities of any particular series and having the same terms, the Issuers shall at least five Business Days before the giving of a notice of redemption to the Holders of Securities of that
series to be redeemed pursuant to Section 11.4 (unless a shorter notice shall be satisfactory to the Trustee), notify the Trustee of such date and of the principal amount of Securities of that series to be redeemed. In the case of any
redemption of Securities prior to the expiration of any restriction on such redemption provided in the terms of such Securities, the Issuers shall furnish the Trustee with an Officers’ Certificate and an Opinion of Counsel evidencing compliance
with such restriction. 
 Section 11.3 Selection of Securities to be Redeemed. 

If less than all the Securities of any series are to be redeemed, the particular Securities to be redeemed shall be selected not more than 60
days prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series not previously called for redemption, pro rata, or in accordance with the procedures of the Depositary and that may provide for the selection for
redemption of a portion of the principal amount of any Security of such series, provided that the unredeemed portion of the principal amount of any Security shall be in a denomination (which shall not be less than the minimum authorized
denomination) for such Security. If less than all the Securities of such series and of a specified tenor are to be redeemed (unless such redemption affects only a single Security), the particular Securities to be redeemed shall be selected not more
than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series and specified tenor not previously called for redemption in accordance with the preceding sentence. 

The Trustee shall promptly notify the Issuers in writing of the Securities selected for partial redemption and the principal amount thereof to
be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Securities shall relate, in the case of any Security redeemed or to be redeemed only in part, to the portion of the
principal amount of such Security that has been or is to be redeemed. If the Issuers shall so direct, Securities registered in the name of the Issuers, any Affiliate or any Subsidiary thereof shall not be included in the Securities selected for
redemption. 
 Section 11.4 Notice of Redemption. 

Notice of redemption shall be given by first-class mail, postage prepaid, mailed not later than the thirtieth day, and not earlier than the
sixtieth day, prior to the Redemption Date, to each Holder of Securities to be redeemed, at the address of such Holder as it appears in the Securities Register. 

  
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 With respect to Securities of each series to be redeemed, each notice of redemption shall
state: 
 (a) the Redemption Date; 

(b) the Redemption Price or if the Redemption Price cannot be calculated prior to the time the notice is required to be sent, the estimate of
the Redemption Price provided pursuant to this Indenture together with a statement that it is an estimate and that the actual Redemption Price will be calculated on a specified day prior to the Redemption Date; 

(c) if less than all Outstanding Securities of such particular series and having the same terms are to be redeemed, the identification (and, in
the case of partial redemption, the respective principal amounts) of the particular Securities to be redeemed; 
 (d) that on the Redemption
Date, the Redemption Price will become due and payable upon each such Security or portion thereof, and that interest thereon, if any, shall cease to accrue on and after said date; 

(e) the place or places where such Securities are to be surrendered for payment of the Redemption Price; 

(f) that the redemption is for a sinking fund, if such is the case; and 

(g) the CUSIP number(s) of the Securities being redeemed. 

Notice of redemption of Securities to be redeemed at the election of the Issuers shall be given by the Issuers or, upon delivery of an Issuer
Request at least five Business Days prior to the giving of a notice of redemption to the Holders of Securities to be redeemed (unless a shorter notice shall be satisfactory to the Trustee) requesting that the Trustee give such notice of redemption
and setting forth the information required by this Section 11.4, by the Trustee in the name and at the expense of the Issuers and shall not be irrevocable. The notice if mailed in the manner herein provided shall be conclusively presumed to
have been duly given, whether or not the Holder receives such notice. In any case, a failure to give such notice by mail or any defect in the notice to the Holder of any Security designated for redemption as a whole or in part shall not affect the
validity of the proceedings for the redemption of any other Security. 
 Section 11.5 Deposit of
Redemption Price. 
 Prior to 10:00 a.m. New York City time on the Redemption Date specified in the notice of redemption given as
provided in Section 11.4, the Issuers will deposit with the Trustee or with one or more Paying Agents (or if the Issuers or the Parent is acting as the Paying Agent, the Issuers or the Parent, as applicable, will segregate and hold in trust as
provided in Section 10.3) an amount of money sufficient to pay the Redemption Price of, and any accrued interest (including Additional Interest) on, all the Securities that are to be redeemed on that date. 

Section 11.6 Payment of Securities Called for Redemption. 

If any notice of redemption has been given as provided in Section 11.4, the Securities or portion of Securities with respect to which
such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable Redemption Price. On presentation and surrender of such Securities at a Place of Payment in said

  
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notice specified, the said Securities or the specified portions thereof shall be paid and redeemed by the Issuers at the applicable Redemption Price, together with accrued interest (including any
Additional Interest) to the Redemption Date; provided, however, that, unless otherwise specified as contemplated by Section 3.1, installments of interest whose Stated Maturity is on or prior to the Redemption Date will be payable to the Holders
of such Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant record dates according to their terms and the provisions of Section 3.7. 

Upon presentation of any Security redeemed in part only, the Issuers shall execute and the Trustee shall authenticate and deliver to the
Holder thereof, at the expense of the Issuers, a new Security or Securities of the same series, of authorized denominations, in aggregate principal amount equal to the unredeemed portion of the Security so presented and having the same Original
Issue Date, Stated Maturity and terms. If a Global Security is so surrendered, such new Security (subject to Section 3.5) will also be a new Global Security. 

If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal of and premium, if any, on
such Security shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor in the Security. 
 
Article XII 
 SINKING FUNDS 

Section 12.1 Applicability of Article. 

The provisions of this Article shall be applicable to any sinking fund for the retirement of Securities of any series except as otherwise
specified as contemplated by Section 3.1 for such Securities. 
 The minimum amount of any sinking fund payment provided for by the
terms of any Securities of any series is herein referred to as a “mandatory sinking fund payment,” and any sinking fund payment in excess of such minimum amount that is permitted to be made by the terms of such Securities of any series is
herein referred to as an “optional sinking fund payment.” If provided for by the terms of any Securities of any series, the cash amount of any sinking fund payment may be subject to reduction as provided in Section 12.2. Each sinking
fund payment shall be applied to the redemption (or purchase by tender or otherwise) of Securities of any series as provided for by the terms of such Securities. 

Section 12.2 Satisfaction of Sinking Fund Payments with Securities. 

In lieu of making all or any part of a mandatory sinking fund payment with respect to any Securities of a series in cash, the Issuers may at
their option, at any time no more than 16 months and no less than 45 days prior to the date on which such sinking fund payment is due, deliver to the Trustee Securities of such series (together with the unmatured coupons, if any, appertaining
thereto) theretofore purchased or otherwise acquired by the Issuers, except Securities of such series that have been redeemed through the application of mandatory sinking fund payments or optional sinking fund payments pursuant to the terms of the
Securities of such series, accompanied by an Issuer Order instructing the Trustee to credit such obligations and 

  
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stating that the Securities of such series were originally issued by the Issuers by way of a bona fide sale or other negotiation for value; provided that the Securities to be so credited have not
been previously so credited. The Securities to be so credited shall be received and credited for such purpose by the Trustee at the Redemption Price for such Securities, as specified in the Securities so to be redeemed, for redemption through
operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly. 

Section 12.3 Redemption of Securities for Sinking Fund. 

Not less than 60 days prior to each sinking fund payment date for any series of Securities, the Issuers will deliver to the Trustee an
Officers’ Certificate specifying the amount of the next ensuing sinking fund payment for such Securities pursuant to the terms of such Securities, the portion thereof, if any, which is to be satisfied by payment of cash in the currency in which
the Securities of such series are payable (except as provided pursuant to Section 3.1) and the portion thereof, if any, which is to be satisfied by delivering and crediting Securities pursuant to Section 12.2 and will also deliver to the
Trustee any Securities to be so delivered. Such Officers’ Certificate shall be irrevocable and upon its delivery the Issuers shall be obligated to make the cash payment or payments therein referred to, if any, on or before the succeeding
sinking fund payment date. In the case of the failure of the Issuers to deliver such Officers’ Certificate (or, as required by this Indenture, the Securities and coupons, if any, specified in such Officers’ Certificate), the sinking fund
payment due on the succeeding sinking fund payment date for such series shall be paid entirely in cash and shall be sufficient to redeem the principal amount of the Securities of such series subject to a mandatory sinking fund payment without the
right to deliver or credit securities as provided in Section 12.2 and without the right to make the optional sinking fund payment with respect to such series at such time. 

Any sinking fund payment or payments (mandatory or optional) made in cash plus any unused balance of any preceding sinking fund payments made
with respect to the Securities of any particular series shall be applied by the Trustee (or by the Issuers or the Parent if the Issuers or the Parent, as applicable, is acting as the Paying Agent) on the sinking fund payment date on which such
payment is made (or, if such payment is made before a sinking fund payment date, on the sinking fund payment date immediately following the date of such payment) to the redemption of Securities of such series at the Redemption Price specified in
such Securities with respect to the sinking fund. Any sinking fund moneys not so applied or allocated by the Trustee (or, if the Issuers or the Parent is acting as the Paying Agent, segregated and held in trust by the Issuers or the Parent, as
applicable, as provided in Section 10.3) for such series and together with such payment (or such amount so segregated) shall be applied in accordance with the provisions of this Section 12.3. Any and all sinking fund moneys with respect to
the Securities of any particular series held by the Trustee (or if the Issuers or the Parent is acting as the Paying Agent, segregated and held in trust as provided in Section 10.3) on the last sinking fund payment date with respect to
Securities of such series and not held for the payment or redemption of particular Securities of such series shall be applied by the Trustee (or by the Issuers or the Parent, as applicable, if the Issuers or the Parent is acting as the Paying
Agent), together with other moneys, if necessary, to be deposited (or segregated) sufficient for the purpose, to the payment of the principal of the Securities of such series at Maturity. The Trustee shall select the Securities to be redeemed upon
such sinking fund payment date in the manner specified in Section 11.3 and cause notice of the redemption thereof to be given in the name of 

  
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and at the expense of the Issuers in the manner provided in Section 11.4. Such notice having been duly given, the redemption of such Securities shall be made upon the terms and in the manner
stated in Section 11.6. On or before each sinking fund payment date, the Issuers shall pay to the Trustee (or, if the Issuers or the Parent is acting as the Paying Agent, the Issuers or the Parent, as applicable, shall segregate and hold in
trust as provided in Section 10.3) in cash a sum in the currency in which Securities of such series are payable (except as provided pursuant to Section 3.1) equal to the principal, premium, if any, and any interest accrued to the
Redemption Date for Securities or portions thereof to be redeemed on such sinking fund payment date pursuant to this Section 12.3. 

Neither the Trustee nor the Issuers shall redeem any Securities of a series with sinking fund moneys or mail any notice of redemption of
Securities of such series by operation of the sinking fund for such series during the continuance of a default in payment of interest, if any, on any Securities of such series or of any Event of Default (other than an Event of Default occurring as a
consequence of this paragraph) with respect to the Securities of such series, except that if the notice of redemption shall have been provided in accordance with the provisions hereof, the Trustee (or the Issuers, if the Issuers are then acting as
their own Paying Agent) shall redeem such Securities if cash sufficient for that purpose shall be deposited with the Trustee (or segregated by the Issuers) for that purpose in accordance with the terms of this Article. Except as aforesaid, any
moneys in the sinking fund for such series at the time when any such default or Event of Default shall occur and any moneys thereafter paid into such sinking fund shall, during the continuance of such default or Event of Default, be held as security
for the payment of the Securities and coupons, if any, of such series; provided, however, that in case such default or Event of Default shall have been cured or waived herein, such moneys shall thereafter be applied on the next sinking fund payment
date for the Securities of such series on which such moneys may be applied pursuant to the provisions of this Section 
12.3. 
 Article XIII 

REPAYMENT AT THE OPTION OF HOLDERS 

Section 13.1 Applicability of Article. 

Securities of any series that are repayable at the option of the Holders thereof before their Stated Maturity shall be repaid in accordance
with their terms and (except as otherwise specified pursuant to Section 3.1 for Securities of such series) in accordance with this Article. 

Section 13.2 Repayment of Securities. 

Each Security that is subject to repayment in whole or in part at the option of the Holder thereof on a Repayment Date shall be repaid at the
applicable Repayment Price together with interest accrued to such Repayment Date as specified pursuant to Section 
3.1. 
 Section 13.3 Exercise of Option; Notice. 

Each Holder desiring to exercise such Holder’s option for repayment shall, as conditions to such repayment, surrender the Security to be
repaid in whole or in part together 

  
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with written notice of the exercise of such option at any office or agency of the Issuers in a Place of Payment, not less than 30 nor more than 60 days prior to the Repayment Date. Such notice,
which shall be irrevocable, shall specify the principal amount of such Security to be repaid, which shall be equal to the minimum authorized denomination for such Security or an integral multiple thereof, and shall identify the Security to be repaid
and, in the case of a partial repayment of the Security, shall specify the denomination or denominations of the Security or Securities of the same series to be issued to the Holder for the portion of the principal of the Security surrendered that is
not to be repaid. 
 The Issuers shall execute and the Trustee shall authenticate and deliver without service charge to the Holder of any
Security so surrendered a new Security or Securities of the same series, of any authorized denomination specified in the foregoing notice, in an aggregate principal amount equal to any portion of the principal of the Security so surrendered that is
not to be repaid. 
 For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the repayment of
Securities shall relate, in the case of any Security repaid or to be repaid only in part, to the portion of the principal of such Security that has been or is to be repaid. 

Section 13.4 Securities Payable on the Repayment Date. 

Notice of exercise of the option of repayment having been given and the Securities so to be repaid having been surrendered as aforesaid, such
Securities shall, unless purchased in accordance with this Section 13.4, on the Repayment Date become due and payable at the price therein specified and from and after the Repayment Date such Securities shall cease to bear interest and shall be
paid on the Repayment Date, unless the Issuers shall default in the payment of such price in which case the Issuers shall continue to be obligated for the principal amount of such Securities and shall be obligated to pay interest on such principal
amount at the rate borne by such Securities from time to time until payment in full of such principal amount. 
 
Article XIV 
 DEFEASANCE AND COVENANT DEFEASANCE 

Section 14.1 Applicability of Article; Issuers’ Option to Effect Defeasance or
Covenant Defeasance. 
 If pursuant to Section 3.1 provision is made for either or both of (a) defeasance of the Securities of
a series under Section 14.2 or (b) covenant defeasance of the Securities of a series under Section 14.3, then the provisions of such Section or Sections, as the case may be, together with the other provisions of this Article XIV,
shall be applicable to the Securities of such series, and the Issuers may at their option by a Board Resolution, at any time, with respect to the Securities of such series, elect to have either Section 14.2 (if applicable) or Section 14.3
(if applicable) be applied to the Outstanding Securities of such series upon compliance with the conditions set forth below in this Article XIV. 

  
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 Section 14.2 Defeasance and Discharge. 

Upon the Issuers’ exercise of the above option applicable to this Section 14.2 with respect to any Securities of or within a series,
the Issuers and each of the Guarantors shall be deemed to have been discharged from its obligations with respect to such Outstanding Securities (including the Guarantees) and any coupons appertaining thereto on and after the date the conditions set
forth in Section 14.4 are satisfied (“defeasance”). For this purpose, such defeasance means that the Issuers and the Guarantors shall be deemed to have paid and discharged the entire indebtedness represented by such Outstanding
Securities (including the Guarantees) and any coupons appertaining thereto, which shall thereafter be deemed to be “Outstanding” only for the purposes of Section 14.5 and the other Sections of this Indenture referred to in clauses
(A) and (B) below, and to have satisfied all of its other obligations under such Securities (including the Guarantees) and any coupons appertaining thereto and this Indenture insofar as such Securities and any coupons appertaining thereto are
concerned (and the Trustee, at the expense of the Issuers, shall execute proper instruments acknowledging the same), except for the following which shall survive until otherwise terminated or discharged hereunder: (A) the rights of Holders of
such Outstanding Securities and any coupons appertaining thereto to receive, solely from the trust fund described in Section 14.4 and as more fully set forth in such Section, payments in respect of the principal of (and premium, if any) and
interest, if any, on such Securities and any coupons appertaining thereto when such payments are due, (B) the Issuers’ obligations with respect to such Securities under Sections 3.5, 3.6, 10.2 and 10.3, (C) the rights, powers, trusts,
duties and immunities of the Trustee hereunder and the Issuers’ and Guarantors’ obligations in connection therewith and (D) this Article. Subject to compliance with this Article XIV, the Issuers may exercise their option under this
Section 14.2 notwithstanding the prior exercise of their option under Section 14.3 with respect to such Securities. Upon the effectiveness of any defeasance (but not covenant defeasance) with respect to the Securities of a particular
series, each Guarantors will be released from its Guarantee of the Securities of such series. 

Section 14.3 Covenant Defeasance. 

Upon the Issuers’ exercise of the above option applicable to this Section 14.3 with respect to any Securities of or within a series,
the Issuers and each of the Guarantors shall be released from their obligations under Section 8.1 and Sections 10.4 to 10.5, inclusive, and, if specified pursuant to Section 3.1, its obligations under any other covenant, with respect to
such Outstanding Securities (including the Guarantees) and any coupons appertaining thereto on and after the date the conditions set forth in Section 14.4 are satisfied (“covenant defeasance”), and such Securities (including
the Guarantees) and any coupons appertaining thereto shall thereafter be deemed to be not “Outstanding” for the purposes of any direction, waiver, consent or declaration or Act of Holders (and the consequences of any thereof) in connection
with Section 8.1 and Sections 10.4 to 10.5, inclusive, or such other covenant, but shall continue to be deemed “Outstanding” for all other purposes hereunder. For this purpose, such covenant defeasance means that, with respect to such
Outstanding Securities (including the Guarantees) and any coupons appertaining thereto, the Issuers and the Guarantors may omit to comply with and shall have no liability in respect of any term, condition or limitation set forth in any such Section
or such other covenant, whether directly or indirectly, by reason of any reference elsewhere herein to any such Section or such other covenant or by reason of reference in any such Section or such other covenant to any other provision herein or in
any other document and such omission to comply shall not constitute a default or an Event of Default under Section 5.1(3) or 5.1(9) or otherwise, as the case may be, but, except as specified above, the remainder of this Indenture and such
Securities, any related Guarantees and any coupons appertaining thereto shall be unaffected thereby. 

  
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 Section 14.4 Conditions to Defeasance and Covenant
Defeasance. 
 The following shall be the conditions to application of Sections 14.2 and 14.3 to any Outstanding Securities of or within
a series and any related Guarantees and any coupons appertaining thereto: 
 (a) The Issuers irrevocably deposit in trust for the benefit of
Holders of the series of Securities cash or U.S. Government Obligations, or a combination thereof, that, in the opinion of an independent accounting firm, which shall be delivered to the Trustee, will generate enough cash to make interest,
principal, any premium and any other payments on the Securities of that series at their Stated Maturity. 
 (b) Such defeasance or covenant
defeasance shall not result in a breach of violation of, or constitute a breach of default under, this Indenture or any other material agreement or instrument to which the Parent or any of its subsidiaries is a party or by which any the Parent or
any of its subsidiaries is bound (and shall not cause the Trustee to have a conflicting interest pursuant to Section 310(b) of the Trust Indenture Act with respect to any Security of the Issuers). 

(c) No Event of Default or event which with notice or lapse of time or both would become an Event of Default with respect to such Securities
shall have occurred and be continuing on the date of such deposit or, insofar as Sections 5.1(6) and 5.1(7) are concerned, at any time during the period ending on the 91st day after the date of such deposit (it being understood that this condition
shall not be deemed satisfied until the expiration of such period). 
 (d) The Issuers shall have delivered to the Trustee an Officers’
Certificate and an Opinion of Counsel, each stating that all conditions precedent with respect to such defeasance or covenant defeasance have been complied with. 

(e) After the 91st day following the deposit, the trust funds will not be subject to the effect of any applicable bankruptcy, insolvency,
reorganization or similar laws affecting creditors’ rights generally. 
 (f) Notwithstanding any other provisions of this
Section 14.4, such defeasance or covenant defeasance shall be effected in compliance with any additional or substitute terms, conditions or limitations which may be imposed on the Issuers in connection therewith pursuant to Section 3.1.

 (g) With respect to defeasance pursuant to Section 14.2, the Issuers shall have delivered to the Trustee an Opinion of Counsel
stating that either (i) since the date of this Indenture there has been a change in U.S. federal tax law or (ii) the Internal Revenue Service has published a ruling or the Issuers have received a ruling from the Internal Revenue Service,
and based on that ruling or change, Holders of the series of Securities will not recognize gain or loss for federal income tax purposes as a result of the defeasance and will be subject to federal income tax on the same amount, in the same manner
and at the same times as if no defeasance had occurred. 

  
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 (h) With respect to covenant defeasance pursuant to Section 14.3, the Issuers shall
have delivered to the Trustee an Opinion of Counsel confirming that under then current U.S. federal income tax law the Issuers may make the above deposit without causing Holders to be taxed on the Securities any differently than if the Issuers did
not make the deposit and instead repaid the Securities at the Stated Maturity. 
 If the Issuers complete a full defeasance, as described
above, Holders of the affected series of Securities shall be required to rely solely on the trust deposit for repayment of the Securities. However, the Issuers will remain subject to obligations to exchange or register the transfer of such
Securities, to replace stolen, lost or mutilated Securities, to maintain paying agencies, to hold moneys for payment in trust and, if applicable, to effect conversion of such Securities. 

Section 14.5 Deposited Money and Government Obligations to be Held in Trust; Other Miscellaneous
Provisions. 
 Subject to the provisions of the last paragraph of Section 10.3, all money and U.S. Government Obligations (or other
property as may be provided pursuant to Section 3.1) (including the proceeds thereof) deposited with the Trustee (or other qualifying trustee, collectively for purposes of this Section 14.5, the “Trustee”) pursuant to
Section 14.4 in respect of any Outstanding Securities of any series and any coupons appertaining thereto shall be held in trust and applied by the Trustee, in accordance with the provisions of such Securities and any coupons appertaining
thereto and this Indenture, to the payment, either directly or through any Paying Agent (including the Issuers or the Parent acting as its own Paying Agent) as the Trustee may determine, to the Holders of such Securities and any coupons appertaining
thereto of all sums due and to become due thereon in respect of principal (and premium, if any) and interest, if any, but such money need not be segregated from other funds except to the extent required by law. 

The Issuers shall pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the U.S. Government
Obligations deposited pursuant to Section 14.4 or the principal and interest received in respect thereof other than any such tax, fee or other charge which by law is for the account of the Holders of such Outstanding Securities and any coupons
appertaining thereto. 
 Anything in this Article to the contrary notwithstanding, the Trustee shall deliver or pay to the Issuers from time
to time upon Issuer Request any money or U.S. Government Obligations (or other property and any proceeds therefrom) held by it as provided in Section 14.4 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 which would then be required to be deposited to effect a defeasance or covenant defeasance, as applicable, in accordance with this Article.

  
 65 

 Section 14.6 Reinstatement. 

If the Trustee or the Paying Agent is unable to apply any money or the U.S. Government Obligations, as the case may be, in accordance with
this Article with respect to any Securities by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, then the obligations under this Indenture, such Securities
(including the Guarantees) and any coupons appertaining thereto from which the Issuers and the Guarantors have been discharged or released pursuant to Section 14.2 or 14.3 shall be revived and reinstated as though no deposit had occurred
pursuant to this Article with respect to such Securities, until such time as the Trustee or Paying Agent is permitted to apply all money or U.S. Government Obligations, as the case may be, held in trust pursuant to Section 14.5 with respect to
such Securities and any coupons appertaining thereto in accordance with this Article; provided, however, that if the Issuers or the Guarantors make any payment of principal of or any premium or interest on any such Security following
such reinstatement of its obligations, the Issuers or the Guarantor, as the case may be, shall be subrogated to the rights (if any) of the Holders of such Securities or coupons to receive such payment from the money or U.S. Government Obligations,
as the case may be, so held in trust. 
 Article XV 

GUARANTEES 
 
Section 15.1 Guarantee. 
 (a) Subject to this Article XV, each of the Guarantors hereby, jointly and severally,
unconditionally guarantees to each Holder of Securities each series authenticated and delivered by the Trustee and to the Trustee and its successors and assigns, irrespective of the validity and enforceability of this Indenture, the Securities of
such series issued under this Indenture or the obligations of the Issuers hereunder or thereunder, that: 
 (1) the principal
of, premium, if any, on, and interest on, the Securities of such series will be promptly paid in full when due, whether at Stated Maturity, by acceleration, redemption or otherwise, and interest on the overdue principal of, premium, if any, on, and
interest on, the Securities of such series, if lawful, and all other obligations of the Issuers to the Holders or the Trustee hereunder or thereunder will be promptly paid in full, all in accordance with the terms hereof and thereof; and 

(2) in case of any extension of time of payment or renewal of any Securities of such series or any of such other obligations,
that same will be promptly paid in full when due in accordance with the terms of the extension or renewal, whether at Stated Maturity, by acceleration or otherwise. 

provided, however, that the guarantee of any Guarantor pursuant to this Article XV shall not apply to any series of Securities as to which such
Guarantor is not required to provide a Guarantee pursuant to the terms of such series of Securities as established pursuant to Section 3.1. 

  
 66 

 Failing payment when due of any amount so guaranteed for whatever reason, the Guarantors will be jointly and
severally obligated to pay the same immediately. Each Guarantor agrees that this is a guarantee of payment and not a guarantee of collection. 

(b) The Guarantors hereby agree that their obligations hereunder are unconditional, irrespective of the validity, regularity or enforceability
of the Securities of each applicable series or this Indenture, the absence of any action to enforce the same, any waiver or consent by any Holder of the Securities with respect to any provisions hereof or thereof, the recovery of any judgment
against the Issuers, any action to enforce the same or any other circumstance which might otherwise constitute a legal or equitable discharge or defense of a guarantor. Each Guarantor hereby waives diligence, presentment, demand of payment, filing
of claims with a court in the event of insolvency or bankruptcy of the Issuers, any right to require a proceeding first against the Issuers, protest, notice and all demands whatsoever and covenants that its Guarantee will not be discharged except by
complete performance of the obligations contained in the Securities of each applicable series and this Indenture. 
 (c) If any Holder or the
Trustee is required by any court or otherwise to return to the Issuers, the Guarantors or any custodian, trustee, liquidator or other similar official acting in relation to either the Issuers or the Guarantors, any amount paid by any of them to the
Trustee or such Holder, this Guarantee, to the extent theretofore discharged, will be reinstated in full force and effect. 
 (d) Each
Guarantor agrees that it will not be entitled to any right of subrogation in relation to the Holders in respect of any obligations guaranteed hereby until payment in full of all obligations guaranteed hereby. Each Guarantor further agrees that, as
between the Guarantors, on the one hand, and the Holders and the Trustee, on the other hand, (1) the maturity of the obligations guaranteed hereby may be accelerated as provided in Article V hereof for the purposes of this Article XV,
notwithstanding any stay, injunction or other prohibition preventing such acceleration in respect of the obligations guaranteed hereby, and (2) in the event of any declaration of acceleration of such obligations as provided in Article V hereof,
such obligations (whether or not due and payable) will forthwith become due and payable by the Guarantors for the purpose of this Article XV. The Guarantors will have the right to seek contribution from any
non-paying Guarantor so long as the exercise of such right does not impair the rights of the Holders under this Article XV. 

Section 15.2 Limitation of Guarantor Liability. 

Each Guarantor and, by its acceptance of Securities of any applicable series, each Holder, hereby confirm that it is the intention of all such
parties that the Guarantee of such Guarantor not constitute a fraudulent transfer or conveyance for purposes of Bankruptcy Law, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar federal or state law to the
extent applicable to any Guarantee. To effectuate the foregoing intention, the Trustee, the Holders and the Guarantors hereby irrevocably agree that the obligations of such Guarantor will be limited to the maximum amount that will, after giving
effect to such maximum amount and all other contingent and fixed liabilities of such Guarantor that are relevant under such laws, and after giving effect to any collections from, rights to receive contribution from or payments made by or on behalf
of any other Guarantor in respect of the obligations of such other Guarantor under this Article XV, result in the obligations of such Guarantor under its Guarantee not constituting a fraudulent transfer or conveyance. 

  
 67 

 Section 15.3 Notation of Guarantee Not
Required. 
 To evidence the Guarantee set forth in Section 15.1, each Guarantor agrees that a notation of the Guarantee shall be
endorsed on each Security of any applicable series that is guaranteed by the Guarantor, and authenticated and delivered by the Trustee, and that this Indenture shall be executed on behalf of each Guarantor by an Officer of such Guarantor. 

Each Guarantor agrees that its Guarantee set forth in this Article XV shall remain in full force and effect and apply to all the Securities of
any applicable series that are guaranteed by such Guarantor notwithstanding any failure to endorse on each Security of such series a notation of such Guarantee. 

If an Officer whose facsimile signature is on a Security of any applicable series or a notation of Guarantee no longer holds that office at
the time the Trustee authenticates such Security on which the Guarantee is endorsed, the Guarantee shall be valid nevertheless. 
 The
delivery of any Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Guarantee set forth in this Indenture and endorsed on such Security on behalf of each applicable Guarantor. 

Section 15.4 Releases. 

The Guarantee of any Guarantor, together with all of its other obligations under this Indenture, shall be automatically and unconditionally
released and discharged: 
 (a) upon defeasance or covenant defeasance in accordance with Article XIV; 

(b) upon the liquidation or dissolution of such Guarantor; provided, no default (as defined in Section 6.2) or Event of Default has
occurred that is continuing; or 
 (c) upon the merger of such Guarantor into, or the consolidation of such Guarantor with, an Issuer, the
Parent or another Guarantor. 
 The Trustee shall execute any documents reasonably requested by the Issuers or any Guarantor in order to
evidence the release of any Guarantor from its obligations under its Guarantee; provided, that in the case of a release of a Guarantee of a Subsidiary Guarantor not involving a defeasance or covenant defeasance or a satisfaction and discharge
of this Indenture, prior to executing such documents, the Trustee shall be entitled to receive from the Issuers an Officers’ Certificate and an Opinion of Counsel compliant with Section 1.3 to the effect that the conditions precedent to
such release have been satisfied. Any failure by the Trustee to execute such documents shall not, however, affect the automatic release and discharge of the Guarantee and the other obligations of any Guarantor as contemplated by the foregoing
provisions of this Section 15.4. Any Guarantor not released from its obligations under its Guarantee as provided in this Section 15.4 will remain liable for the full amount of principal of, premium, if any, on, and interest on, the
Securities and for the other obligations of such Guarantor under this Indenture as provided in this Article XV. 
 * * * * 

  
 68 

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

			
	EXTERRAN ENERGY SOLUTIONS, L.P.

 
			
		
	By:	 	 
	Name:	 	
	Title:	 	

  

			
	EES FINANCE CORP.

 
			
		
	By:	 	 
	Name:	 	
	Title:	 	

  

			
	EXTERRAN CORPORATION

 
			
		
	By:	 	 
	Name:	 	
	Title:	 	

  

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee

 
			
		
	By:	 	 
	Name:	 	
	Title:	 	

 [Signature Page to Indenture]EX-10.16

 EXHIBIT 10.16 

• THE LAKES AT BAYHILL • 

• 1150, 1200, AND 1250 BAYHILL DRIVE • 

• OFFICE BUILDING LEASE • 

BASIC LEASE INFORMATION 
  

					
	Date of Lease:	  	December 10, 2015
		
	Landlord:	  	 CCF RPP BAYHILL, LLC,
 a Delaware
limited liability company

		
	Landlord’s Address for Notices:	  	 100 Montgomery Street
 Suite
1760
 San Francisco, California 94104
 Attn: Razmig
Boladian

		
	Tenant:	  	 AQUINOX PHARMACEUTICALS, INC.,
 a
Delaware corporation

		
	Tenant’s Address for Notices:	  	 Suite 450 – 887 Great Northern Way,

Vancouver, British Columbia,
 Canada, V5T 4T5

Attn: Kamran Alam, VP Finance & CFO

		
	Building:	  	1150 Bayhill Drive, San Bruno, California
		
	Leased Premises:	  	 Approximately 3,520 rentable square feet

located in Suite 200

		
	Rentable Area:	  	
	Leased Premises:	  	Approximately 3,520 rentable square feet
	Building:	  	Approximately 48,768 rentable square feet
	Project:	  	Approximately 147,762 rentable square feet
		
	Term Commencement Date:	  	The later of (i) January 1, 2016, or (ii) the date that the Tenant Improvements (as defined in Exhibit B) are Substantially Complete (as defined in Exhibit B).
		
	Term Expiration Date:	  	The last day of the thirty-sixth (36th) full calendar month after the Term Commencement Date (meaning if the Term Commencement Date shall occur on a date other than the first day of a calendar month, the Term shall be thirty-six (36) full calendar months plus a partial month).
			
	Option to Extend:	  	Number of Option Terms:	  	One (1)
		  	Year(s) per Option Term:	  	Three (3)
			
	Base Rent:	  	Month	  	Base Rent Per Month
		  	Term Commencement	  	
		  	Date through the last	  	
		  	day of the 12th full	  	
		  	calendar month after	  	
		  	the Term Commencement	  	
		  	Date:	  	$12,848.00

  
 - i - 

					
		  	Notwithstanding the foregoing, so long as Tenant is not in breach or continuous default under this Lease, Base Rent for the first two (2) months after the Term Commencement Date (the “Base Rent Abatement
Period”) shall be abated (the collective Base Rent abatement during the Base Rent Abatement Period is equivalent to $25,696.00). Notwithstanding the foregoing, in the event this Lease is terminated prior to the expiration of the Term in
connection with a breach or default by Tenant, Tenant shall, in addition to any and all amounts payable by Tenant, repay the entire amount of abated Base Rent to Landlord immediately upon such termination. For clarity, Tenant’s sub-lease or permitted assignment of Lease does not constitute a termination of Lease for purposes of repaying the abated Base Rent.
			
		  	Month 13 through	  	
		  	Month 24:	  	$13,233.44
			
		  	Month 25 through	  	
		  	Month 36:	  	$13,630.44
		
	Base Year:	  	Calendar year 2016 (subject to Section 3.4(a))
		
	Tenant’s Proportionate	  	
	Share:	  	Approximately 7.2% of the Building and 2.38% of the Project
		
	Parking Spaces:	  	Eleven (11) unreserved, surface parking spaces (based on 3.1 parking spaces per 1,000 rentable square feet of Rentable Area of the Leased Premises).
		
	Security Deposit:	  	$13,630.44, which shall be paid upon execution of this Lease.
			
	Guarantor:	  	None.	  	
		
	Landlord’s Broker:	  	Simon Clark and Matthew Mulry of CBRE, Inc.
		
	Tenant’s Broker:	  	Rick Friday of CBRE, Inc.

 EXHIBITS: 
  

			
	Exhibit A -	  	Floor Plan of the Leased Premises
	Exhibit A-1 -	  	Site Plan of the Project
	Exhibit B -	  	Initial Improvement of the Leased Premises
	Exhibit C -	  	Confirmation of Term of Lease
	Exhibit D -	  	Building Rules and Regulations

 The foregoing BASIC LEASE INFORMATION is incorporated herein and made a part of the LEASE to which it is
attached. If there is any conflict between the BASIC LEASE INFORMATION and the LEASE, the BASIC LEASE INFORMATION shall control. 

  
 - ii - 

 OFFICE BUILDING LEASE 

THIS LEASE is made as of the date specified in the BASIC LEASE INFORMATION sheet, by and between the landlord specified in the BASIC LEASE
INFORMATION sheet (“Landlord”) and the tenant specified in the BASIC LEASE INFORMATION sheet (“Tenant”). 
 Article 1.

 Definitions 

1.1 Definitions: Terms used herein shall have the following meanings: 

1.2 “Additional Rent” shall mean all monetary obligations of Tenant under this Lease other than the obligation for payment of
Gross Rent. 
 1.3 Intentionally deleted. 

1.4 “Base Rent” shall mean the minimum monthly rental amounts set forth in the Basic Lease Information due from time to time
as rental for the Leased Premises. 
 1.5 “Base Year” shall mean the calendar year specified on the Basic Lease Information
sheet. 
 1.6 “Basic Operating Costs” shall have the meaning given in Section 3.5. 

1.7 “Building” shall mean the building and other improvements associated therewith identified on the Basic Lease Information
sheet. 
 1.8 “Building Standard Improvements” shall mean the standard materials ordinarily used by Landlord in the
improvement of the Leased Premises. 
 1.9 “Common Areas” shall mean, as applicable, (a) the areas of the Building
devoted to non-exclusive uses such as common corridors, lobbies, fire vestibules, elevator foyers, stairways, elevators, electric and telephone closets, restrooms, mechanical closets, janitor closets, loading
docks, and other similar facilities for the benefit of all tenants (and invitees), and (b) other areas of the Project available for the non-exclusive use and benefit of all tenants (and invitees). 

1.10 “Computation Year” shall mean a fiscal year consisting of the calendar year commencing January 1st of the Base Year and
continuing through the Term with a short or stub fiscal year in (i) the Base Year for the period between the Term Commencement Date and December 31 of such year and (ii) any partial year in which the Lease expires or is terminated for
the period between January 1 of such year and the date of lease termination or expiration. 
 1.11 “Gross Rent” shall
mean the total of Base Rent and Tenant’s Proportionate Share of Basic Operating Costs and Tenant’s Proportionate Share of Property Taxes. 

1.12 “Landlord’s Broker” shall mean the individual or corporate broker identified on the Basic Lease Information sheet
as the broker for Landlord. 
 1.13 Intentionally deleted. 

1.14 Intentionally deleted. 

  
 - 1 - 

 1.15 “Leased Premises” shall mean the floor area more particularly shown on
the floor plan attached hereto as Exhibit A, containing the Rentable Area (as such term is defined in Section 1.19 below) specified on the Basic Lease Information sheet. 

1.16 “Permitted Use” shall mean general office and other ancillary office use, subject to the provisions set forth in this
Lease; provided, however, that Permitted Use shall not include (a) offices or agencies of any foreign government or political subdivision thereof; (b) offices of any agency or bureau of any state, county or city government;
(c) offices of any health care professionals; (d) schools or other training facilities which are not ancillary to corporate, executive or professional office use; (e) retail, restaurant, church or worship uses; or (f) telephone
call centers, data centers, internet service provider facilities. 
 1.17 “Project” shall mean the three (3) buildings
with an address of 1150 Bayhill Drive, 1200 Bayhill Drive, and 1250 Bayhill Drive, San Bruno, California, the parking and Common Areas affiliated therewith, and the real property on which the buildings and the parking and Common Areas are located.

 1.18 “Rent” shall mean Gross Rent plus Additional Rent. 

1.19 “Rentable Area” shall mean the number of rentable square feet included within the Building as calculated in accordance
with the methods of measuring rentable square feet, as that method is described in the American National Institute Publication ANSI Z65.1-1996, as promulgated by the Building Owners and Managers Association
(the “BOMA Standard”). The number of rentable square feet in the Leased Premises may also be calculated by measuring the number of usable square feet within the Leased Premises calculated in accordance with the BOMA Standard and increasing
the number of usable square feet by fifteen percent (15%), and the rentable square footage of the Leased Premises is agreed for all purposes of this Lease to be the amount stated on the Basic Lease Information sheet; accordingly, neither Landlord
nor Tenant shall have the right to remeasure the Leased Premises. 
 1.20 “Security Deposit” shall mean the amount
specified on the Basic Lease Information sheet to be paid by Tenant to Landlord and held and applied pursuant to Section 5.14. 

1.21 Intentionally deleted. 

1.22 Intentionally deleted. 

1.23 “Tenant Improvements” shall have the meaning given in Exhibit B, if any. 

1.24 “Tenant’s Broker” shall mean the individual or corporate broker identified on the Basic Lease Information sheet as
the broker for Tenant. 
 1.25 Intentionally deleted. 

1.26 “Tenant’s Proportionate Share” is specified on the Basic Lease Information sheet and is based on the
percentage which the Rentable Area of the Leased Premises bears to the total Rentable Area of either the Building or the Project (at Landlord’s election from time to time). Landlord shall have the right to (i) adjust Tenant’s
Proportionate Share from time to time in accordance with the provisions herein relating to Cost Pools (as hereinafter defined) and (ii) recalculate Tenant’s Proportionate Share from time to time in any reasonable manner as a result of a
physical change in the size of the Building, as determined by Landlord. 
 1.27 “Term” shall mean the period commencing
with the Term Commencement Date and ending at midnight on the Term Expiration Date. If Tenant has the right to any Options (as expressly set forth in this Lease), all references in this Lease to the “Term” shall be deemed to mean the
initial Term as extended by the Option Terms, as applicable. 

  
 - 2 - 

 1.28 “Term Commencement Date” shall be the date set forth on the Basic
Lease Information sheet. 
 1.29 “Term Expiration Date” shall be the date set forth on the Basic Lease Information sheet,
unless sooner terminated pursuant to the terms of this Lease or unless extended pursuant to the provisions of Section 8.1. 

1.30 Other Terms. Other terms used in this Lease and on the Basic Lease Information sheet shall have the meanings given to them
herein and thereon. 
 Article 2. 

Leased Premises 

2.1 Lease. Landlord hereby leases to Tenant and Tenant hereby leases from Landlord the Leased Premises upon all of the terms,
covenants and conditions set forth in this Lease. If more than one person or entity is named as Tenant, the obligations of such multiple parties shall be the joint and several responsibility of all persons or entities named herein as Tenant. 

2.2 Acceptance of Leased Premises. Tenant acknowledges that: (a) it has been advised by Landlord, Landlord’s Broker
and Tenant’s Broker, if any, to satisfy itself with respect to the condition of the Leased Premises (including, without limitation, the HVAC, electrical, plumbing and other mechanical installations, fire sprinkler systems, security,
environmental aspects, and compliance with applicable laws, ordinances, rules and regulations) and the present and future suitability of the Leased Premises for Tenant’s intended use; (b) Tenant has made such inspection and investigation
as it deems necessary with reference to such matters and assumes all responsibility therefor as the same relate to Tenant’s occupancy of the Leased Premises and the term of this Lease; and (c) neither Landlord nor Landlord’s Broker
nor any of Landlord’s agents has made any oral or written representations or warranties with respect to the condition, suitability or fitness of the Leased Premises other than as may be specifically set forth in this Lease. Tenant accepts the
Leased Premises in its AS IS condition existing on the date Tenant executes this Lease, subject to all matters of record (including, but not limited to, the CC&R’s) and applicable laws, ordinances, rules and regulations. Tenant acknowledges
that neither Landlord nor Landlord’s Broker nor any of Landlord’s agents has agreed to undertake any alterations or additions or to perform any maintenance or repair of the Leased Premises except for the routine maintenance and janitorial
work specified herein and except as may be expressly set forth in Exhibit B. If Landlord, for any reason whatsoever, cannot deliver possession of the Leased Premises to Tenant on the estimated commencement date in the condition
specified in this Section 2.2, Landlord shall neither be subject to any liability nor shall the validity of this Lease be affected; provided, the Term and the obligation to pay Rent shall commence on the date possession is actually tendered to
Tenant and the Term Expiration Date shall be extended commensurately. If the commencement date and/or the expiration date of this Lease is other than the Term Commencement Date and Term Expiration Date specified in the Basic Lease Information, the
parties shall execute a written amendment to this Lease, substantially in the form of Exhibit C hereto specifying the actual commencement date, expiration date and the date on which Tenant is to commence paying Rent. Tenant shall
execute and return such amendment to Landlord within fifteen (15) days after Tenant’s receipt thereof. 
 2.3 Right To Relocate
Leased Premises. At any time during the Term, Landlord shall have the right to relocate Tenant to other premises within the Project which have the same approximate area and quality as the Leased Premises, materially equivalent fixtures (but not
any furniture or personal property), and the same rental rate per square foot as the Leased Premises, upon no less than ninety (90) days prior notice to Tenant. Landlord or an affiliate of Landlord shall lease the new premises to Tenant on the
same terms and conditions as set forth in this Lease, provided that if the Rentable Area of the new premises is not the same as the Rentable Area of the Lease Premises, there shall be a proportionate adjustment of Gross Rent based on the revised
Rentable Area. Landlord shall reimburse Tenant for Tenant’s reasonable out of pocket costs to relocate Tenant’s inventory, furniture, trade fixtures, and equipment, and to install Tenant’s fixtures (or provide new fixtures (but not
any 

  
 - 3 - 

 
furniture or personal property) of the same quality, nature and extent as those in the Leased Premises if, in Landlord’s judgment, it is not economically feasible to relocate Tenant’s
fixtures), within ten (10) business days after the later of (a) Tenant’s submission to Landlord of an itemized list of such out of pocket expenses (accompanied by copies of paid receipts for each itemized cost) and
(b) Tenant’s conducting business in such new premises. The new premises thereafter shall be the “Leased Premises” under this Lease for all purposes and Tenant agrees to execute an amendment to this Lease memorializing such
relocation and modifying this Lease to reflect any change in Rent or other terms. 
 2.4 Reservation of Rights. Landlord reserves the
right from time to time, to install, use, maintain, repair, relocate and/or replace pipes, conduits, wires and equipment within and around the Building and the Common Areas and to do and perform such other acts and make such other changes,
additions, improvements, repairs and/or alterations in, to or with respect to the Building and the Project (including without limitation with respect to the driveways, parking areas, walkways and entrances to the Project) as Landlord may, in the
exercise of sound business judgment, deem to be appropriate, and such change, addition, improvement, repair and/or alteration shall not entitle Tenant to any abatement of rent or other claim against Landlord. In connection therewith, Landlord shall
have the right to close temporarily any of the Common Areas while engaged in making any such repairs, improvements or alterations. 

Article 3. 
 Term, Use
and Rent 
 3.1 Term. Except as otherwise provided in this Lease, the Term shall commence upon the Term Commencement Date, and
unless sooner terminated, shall end on the Term Expiration Date. Subject to factors entirely beyond the reasonable control of Landlord and the rules and regulations of the Project, Tenant shall have access to the Leases Premises twenty-four
(24) hours per day, seven (7) days per week. 
 3.2 Use. Tenant shall use the Leased Premises solely for the Permitted Use
and for no other use or purpose. Tenant shall not commit waste, overload the Building’s structure or the Building’s systems or subject the Leased Premises to any use that would damage the Leased Premises. Tenant shall maintain a ratio of
not more than one Occupant (as defined below) for each one hundred seventy-five (175) rentable square foot of the Leased Premises or less, as may be required by applicable laws. Upon request by Landlord, Tenant shall maintain on a daily basis
an accurate record of the number of employees, visitors, contractors and other people that visit the Leased Premises (collectively “Occupants”). Landlord shall have the right to audit Tenant’s Occupant record and, at Landlord’s
option, Landlord shall have the right to periodically visit the Leased Premises without advance notice to Tenant in order to track the number of Occupants arriving at the Leased Premises. For purposes of this Section 3.2, “Occupants”
shall not include people not employed by Tenant that deliver or pick up mail or other packages at the Leased Premises, employees of Landlord or employees of Landlord’s agents or contractors. Tenant acknowledges that increased numbers of
Occupants causes additional wear and tear on the Leased Premises and the Common Areas, additional use of electricity, water and other utilities, and additional demand for other Building services. Tenant’s failure to comply with the requirements
of this Section 3.2 shall constitute an event of default under Section 7.8 and Landlord shall have the right, in addition to any other remedies it may have at law or equity, to specifically enforce Tenant’s obligations under this
Section. 
 3.3 Base Rent. 

(a) Tenant shall pay the Base Rent to Landlord in accordance with the schedule set forth on the Basic Lease Information sheet and in the
manner described below. Tenant shall prepay the last month’s Base Rent upon execution of this Lease. Tenant shall pay the Gross Rent (consisting of Base Rent plus, when applicable in accordance with Section 3.4 below, Tenant’s
Proportionate Share of Basic Operating Costs and/or Tenant’s Proportionate Share of Property Taxes) in monthly installments on or before the first day of each calendar month during the Term and any extensions or renewals thereof, in advance
without demand and without any reduction, 

  
 - 4 - 

 
abatement, counterclaim or setoff, in lawful money of the United States at Landlord’s address specified on the Basic Lease Information sheet or at such other address as may be designated by
Landlord in the manner provided for giving notice under Section 9.11 hereof. Tenant shall pay first month’s Base Rent and Security Deposit to Landlord on the date Tenant signs this Lease. 

(b) If the Term commences on other than the first day of a month, then the Base Rent provided for such partial month shall be prorated based
upon a thirty (30)-day month and the prorated installment shall be paid on the first day of the calendar month next succeeding the Term Commencement Date together with the other amounts payable on that day. If
the Term terminates on other than the last day of a calendar month, then the Gross Rent provided for such partial month shall be prorated based upon a thirty (30)-day month and the prorated installment shall
be paid on the first day of the calendar month in which the date of termination occurs. 
 3.4 Tenant’s Proportionate Share of Basic
Operating Costs and Property Taxes. 
 (a) Commencing on the first day of the first Computation Year after the Base Year (i.e. the first
January 1st immediately following the Base Year) and continuing through the remainder of the Term, Tenant shall pay to Landlord (i) Tenant’s Proportionate Share of the total dollar
increase, if any, in Basic Operating Costs attributable to each Computation Year over Base Year Basic Operating Costs, and (ii) Tenant’s Proportionate Share of the total dollar increase, if any, in Property Taxes attributable to each
Computation Year over Base Year Property Taxes. 
 (b) During the first Computation Year after the Base Year (and each Computation Year
thereafter during the Term), on or before the first day of each month during such Computation Year, Tenant shall pay to Landlord one-twelfth (1/12th) of Landlord’s estimate of the amount payable by Tenant
under Section 3.4(a) as set forth in Landlord’s written notice to Tenant. During the last month of each Computation Year (or as soon thereafter as practicable), Landlord shall give Tenant notice of Landlord’s estimate of the amount
payable by Tenant under Section 3.4(a) for the following Computation Year. On or before the first day of each month during the following Computation Year, Tenant shall pay to Landlord one-twelfth (1/12)
of such estimated amount, provided that if Landlord fails to give such notice in the last month of the prior year, then Tenant shall continue to pay on the basis of the prior year’s estimate until the first day of the calendar month next
succeeding the date such notice is given by Landlord; and from the first day of the calendar month following the date such notice is given, Tenant’s payments shall be adjusted so that the estimated amount for that Computation Year will be fully
paid by the end of that Computation Year. If at any time or times Landlord determines that the amount payable under Section 3.4(a) for the current Computation Year will vary from its estimate given to Tenant, Landlord, by notice to Tenant, may
revise its estimate for such Computation Year, and subsequent payments by Tenant for such Computation Year shall be based upon such revised estimate. 

(c) Following the end of each Computation Year, Landlord shall deliver to Tenant a statement of amounts payable under Section 3.4(a) for
such Computation Year. If such statement shows an amount owing by Tenant that is less than the payments for such Computation Year previously made by Tenant, and if no event of default (as defined below) is outstanding at the time such statement is
delivered, Landlord shall credit such amount to the next payment(s) of Gross Rent falling due under this Lease. If such statement shows an amount owing by Tenant that is more than the estimated payments for such Computation Year previously made by
Tenant, Tenant shall pay the deficiency to Landlord within fifteen (15) days after delivery of such statement. The respective obligations of Landlord and Tenant under this Section 3.4(c) shall survive the Term Expiration Date, and, if the
Term Expiration Date is a day other than the last day of a Computation Year, the adjustment in Tenant’s Proportionate Share of Basic Operating Costs and in Tenant’s Proportionate Share of Property Taxes pursuant to this Section 3.4(c)
for the Computation Year in which the Term Expiration Date occurs shall be prorated in the proportion that the number of days in such Computation Year preceding the Term Expiration Date bears to three hundred sixty-five (365). 

  
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 (d) Landlord shall have the same remedies for a default in the payment of Tenant’s
Proportionate Share of Basic Operating Costs or for a default in the payment of Tenant’s Proportionate Share of Property Taxes as for a default in the payment of Base Rent. 

(e) Tenant’s Right to Audit Basic Operating Costs. Provided that (i) no Event of Default is then occurring hereunder, nor
(ii) is any event occurring which with the giving of notice or the passage of time, or both, would constitute an Event of Default, then in the event that Basic Operating Costs allocated to the Building increases by more than ten percent (10%)
in any Computation Year as compared to the immediately preceding Computation Year (or the Base Year in the case of the initial Computation Year) Tenant, at its sole expense, shall have the right, exercisable within sixty (60) days after the end
of the Computation Year or the receipt of a reconciliation statement for the Computation Year (if applicable), to review and audit Landlord’s books and records regarding such increase in Basic Operating Costs with respect to such Computation
Year for the sole purpose of determining the accuracy thereof. Such review or audit shall be performed by a nationally recognized accounting firm that calculates its fees with respect to hours actually worked (as opposed to a calculation based upon
percentage of recoveries or other incentive or contingency fee arrangement), shall take place during business hours in the office of Landlord or Landlord’s property manager and shall be completed within sixty (60) days after Tenant’s
delivery to Landlord of notice of its election to conduct such audit. If Tenant does not so review or audit Landlord’s books and records, the Basic Operating Costs for a particular Computation Year shall be final and binding upon Tenant. In the
event that such audit of Landlord’s books and records reveals that the amount of Basic Operating Costs paid by Tenant pursuant to Section 3.4, as adjusted pursuant to Section 3.4 above, for the period covered by such audit is less
than or greater than the actual amount properly payable by Tenant under the terms of this Lease, Tenant shall promptly pay any deficiency to Landlord or, if Landlord concurs with the results of such audit, Landlord shall promptly refund any excess
payment to Tenant, as the case may be. Without limiting the foregoing, in the event that such audit reveals an overstatement of Basic Operating Costs charged to Tenant in excess of seven percent (7%), then subject to Landlord’s right to review
and/or contest the audit results, Landlord shall reimburse Tenant for the reasonable cost of said audit in addition to refunding any excess payment to Tenant as provided above. Tenant shall keep any information gained from its review of
Landlord’s books and records confidential and shall not disclose it to any other party, except as required by any laws. Prior to being permitted access to Landlord’s books and records to conduct any audit permitted by the terms of this
Section 3.4, Tenant’s accounting firm shall execute a confidentiality agreement, in a form reasonably acceptable to Landlord, pursuant to which Tenant’s accounting firm shall agree (i) to keep any information gained from its
review of Landlord’s books and records confidential, (ii) not disclose such information to any other party, except as required by any laws, and (iii) such other terms and conditions as Landlord may reasonably require. 

3.5 Basic Operating Costs. 

(a) Basic Operating Costs shall mean all expenses, fees, disbursements and costs (but not specific costs which are separately billed to and
paid by particular tenants of the Project) of every kind and nature which Landlord shall pay or become obligated to pay because of or in connection with the management, ownership, maintenance, insurance, repair, replacement, preservation and
operation of the Leased Premises, the Building, the Project and its supporting facilities directly servicing the Building and/or the Project (determined in accordance with generally accepted accounting principles, consistently applied) including,
but not limited to, the following: 
 (1) Wages, salaries and related expenses and benefits of all
on-site and off-site employees and personnel engaged in the operation, maintenance, repair and security of the Project. 

(2) Costs of Landlord’s office (including the property management office) to the extent providing for the management of the Project and
office operation in the Project, as well as the costs of operation of a room for delivery and distribution of mail to tenants of the Building. 

(3) All supplies, materials, equipment and equipment rental used in the operation, maintenance, repair, replacement and preservation of the
Project. 

  
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 (4) Utilities, including water, sewer and power, telephone, communication and cable
television facilities, lighting, heating, air conditioning and ventilating the entire Project. 
 (5) All maintenance, janitorial and
service agreements for the Project and the equipment therein, including, without limitation, alarm and/or security service, window cleaning, elevator maintenance, sidewalks, landscaping, Building exterior and service areas. 

(6) A property management fee in an amount not to exceed five percent (5%) of all Rent derived from the Project. 

(7) Legal and accounting services for the Project, including the costs of audits by certified public accountants; provided, however, that
legal expenses shall not include the cost of lease negotiations, termination of leases, extension of leases or legal costs incurred in proceedings by or against any specific tenant, or for the defense of Landlord’s legal title to the Project.

 (8) All insurance premiums and costs, including, but not limited to, the cost of property and liability coverage and rental income and
earthquake and flood insurance applicable to the Project and Landlord’s personal property used in connection therewith, as well as deductible amounts applicable to such insurance; provided, however, that Landlord may, but shall not be obligated
to, carry earthquake or flood insurance. 
 (9) Repairs, replacements and general maintenance (except to the extent paid by proceeds of
insurance or by Tenant or other tenants of the Project). 
 (10) Costs incurred (capital or otherwise) on a regular recurring basis every
two (2) or more years for certain maintenance projects (e.g. parking lot slurry coat or replacement of lobby and elevator cab carpeting). 

(11) Amortized costs (together with reasonable financing charges) of capital improvements and expenditures made to the Project and/or
Building subsequent to the Term Commencement Date which are designed or intended to maintain the quality, appearance or safety of the Building and/or Project, improve the operating efficiency of the Building and/or Project, achieve energy or carbon
reduction, or which may be required by governmental authorities, regulations, laws, or ordinances, including, but not limited to, those improvements required for the benefit of individuals with disabilities pursuant to Title III of the Americans
with Disabilities Act of 1990, as amended (the “ADA”), or other similar statutes (“ADA Improvements”), such amortization to be taken in accordance with generally accepted accounting principles. 

(b) Notwithstanding anything to the contrary in this Lease, in the event any of the Basic Operating Costs are not allocable solely to the
Building or are not provided on a uniform basis, Landlord shall make an appropriate and equitable adjustment, in Landlord’s discretion reasonably exercised, to the relevant cost allocations to the Building and Tenant shall pay its proportionate
share of such Basic Operating Costs allocable solely to the Building and one hundred percent (100%) of such Basic Operating Costs allocable solely to the Leased Premises. Landlord shall also have the right to establish cost pools for the components
of Basic Operating Costs relating to certain elements (but not all) of the Project, Building and/or the Common Area serving certain elements of the Project, Building and/or the Common Area serving the entire Project or Building, and to reasonably in
good faith allocate Basic Operating Costs among such cost pools. 
 (c) Notwithstanding any other provision of this Lease to the contrary,
in the event that the Project is not fully occupied during any year of the Term, an adjustment shall be made in computing Basic Operating Costs for such year so that Basic Operating Costs shall be computed as though the Project had been one hundred
percent (100%) occupied during such year. 
 (d) The following items shall be excluded from Basic Operating Costs: (i) depreciation on
the Building and the Project; (ii) debt service on any mortgages of the Landlord; (iii) rental under any ground or underlying 

  
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lease; (iv) attorneys’ fees and expenses incurred in connection with lease negotiations with prospective Project tenants or alleged defaults with other Project tenants; (v) the
cost of any improvements or equipment which would be properly classified as capital expenditures to the extent the same constitute upgrades as opposed to repairs or replacements (except for any capital expenditures expressly included in
Section 3.5(a), including, without limitation, Section 3.5(a)(11)); (vi) the cost of decorating, improving for tenant occupancy, painting or redecorating portions of the Building or Project to be demised to tenants; (vii) advertising
expenses relating to vacant space; or (viii) real estate brokers’ or other leasing commissions. 
 3.6 Property Taxes.
“Property Taxes” shall mean all real estate or personal property taxes, possessory interest taxes, business or license taxes or fees, service payments in lieu of such taxes or fees, annual or periodic license or use fees, excises,
transit charges, housing fund assessments, open space charges, assessments, bonds, levies, fees or charges, general and special, ordinary and extraordinary, unforeseen as well as foreseen, of any kind which are assessed, levied, charged, confirmed
or imposed by any public authority upon the Project (or any portion or component thereof), its operations, this Lease, or the Rent due hereunder (or any portion or component thereof), except: (i) inheritance or estate taxes imposed upon or
assessed against the Project, or any part thereof or interest therein, and (ii) Landlord’s personal or corporate income, gift or franchise taxes. 

Article 4. 

Landlord’s Covenants 

4.1 Basic Services. Landlord shall provide the following basic services during the Term, subject to any limitations imposed by
applicable law and governmental authorities: 
 (a) Hot and cold water at those points of supply provided for general use of other tenants
in the Project; heat and air conditioning in season, during the Building hours of operation specified in the rules and regulations for the Project adopted pursuant to Section 5.17 and at such temperatures and in such amounts as are considered
by Landlord to be standard for the comfortable use and occupancy of the Leased Premises or, in all events, as may be permitted or controlled by applicable laws, ordinances, rules and regulations. 

(b) Structural and exterior maintenance (including exterior glass and glazing) and routine maintenance, repairs and electric lighting service
for all public areas and service areas of the Project in the manner and to the extent deemed by Landlord to be standard. 
 (c) Janitorial
service on a five (5) day per week basis, excluding holidays. 
 (d) Electric lighting service throughout the Leased Premises and
electrical facilities to provide sufficient power for copy machines, facsimile machines, standard size personal computers and other standard office machines of similar low electrical consumption, but not including electricity required for special
lighting in excess of Building standards, and any other item of electrical equipment which consumes electricity in amounts in excess of standard office equipment (“Extra Electrical Service”). 

(e) Building Standard lamps, bulbs, starters and ballasts used in the Leased Premises. 

(f) Public elevator service serving the floors on which the Leased Premises are situated, including freight elevator service when prearranged
with Landlord, subject to such rules and regulations as Landlord shall promulgate from time to time. 
 Tenant shall cooperate fully with
Landlord at all times and abide by all regulations and requirements that Landlord may reasonably prescribe for the proper functioning and protection of the HVAC, electrical, mechanical and plumbing systems. Landlord shall not be liable for damages
to either person or property, nor shall Landlord be deemed to have evicted Tenant, nor shall there be any abatement of Rent, nor shall Tenant be 

  
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relieved from performance of any covenant on its part to be performed under this Lease by reason of any (i) deficiency in the provision of basic services; (ii) breakdown of equipment or
machinery utilized in supplying services; or (iii) curtailment or cessation of services due to causes or circumstances beyond the reasonable control of Landlord or by the making of the necessary repairs or improvements, unless such deficiency,
breakdown, curtailment or cessation is due to the active gross negligence or willful misconduct of Landlord. Landlord shall use reasonable diligence to make such repairs as may be required to machinery or equipment within the Project to provide
restoration of services and, where the cessation or interruption of service has occurred due to circumstances or conditions beyond Project boundaries, to cause the same to be restored, by diligent application or request to the provider thereof. In
no event shall any mortgagee or the beneficiary under any deed of trust referred to in Section 5.12 be or become liable for any default of Landlord under this Section 4.1. 

4.2 Extra Services. Landlord shall provide to Tenant at Tenant’s sole cost and expense (and subject to the limitations hereinafter
set forth) the following extra services: 
 (a) Such extra cleaning and janitorial services if requested by Tenant; 

(b) Intentionally deleted; 
 (c)
Heating, ventilation, air conditioning or Extra Electrical Service, subject to the provisions of Section 4.2(g) hereof, provided by Landlord to Tenant (i) during hours other than the Building hours of operation specified in the rules and
regulations for the Project adopted pursuant to Section 5.17, which shall provide for Building hours of operation of 8:00 a.m. to 6:00 p.m., Monday through Friday, and 8:00 a.m. to 1:00 p.m., Saturday (excluding holidays) or (ii) on
Saturdays (before 8:00 a.m. and after 1:00 p.m.), Sundays, or holidays, all said heating, ventilation, lighting and air conditioning or extra electrical service to be furnished solely upon the prior written request of Tenant submitted during
business hours to Landlord at least 24 hours in advance of the time such service is needed, or pursuant to such other procedures (which may permit less than 24 hours notice) as may be established from time to time by Landlord for the Building or the
Project; 
 (d) Maintaining and replacing non-Building Standard lamps, bulbs, starters and ballasts
(whether or not the light fixtures were installed by Landlord as part of the Tenant Improvements); 
 (e) Repair and maintenance service
which is the obligation of Tenant under this Lease; 
 (f) Repair, maintenance or janitorial service to the Leased Premises, the Common
Areas or the Project parking area which is required as a result of the acts or omissions of Tenant, its agents, employees, contractors, invitees or licensees; and 

(g) Any basic service in amounts determined by Landlord to exceed the amounts required to be provided under Section 4.1, including
without limitation, Extra Electrical Service, but only if Landlord elects to provide such additional or excess service. 
 For the purposes
of this Section 4.2, if, in Landlord’s reasonable opinion, Tenant’s use of electrical and/or water service at the Leased Premises is excessive, Landlord may install a separate meter(s) at the Leased Premises to measure the amount of
electricity and/or water consumed by Tenant therein. The cost of such installation and of such excess electricity and/or water (at the rates charged for such services by the local public utility) shall be paid by Tenant to Landlord upon receipt by
Tenant of a bill therefor. 
 The cost chargeable to Tenant for all extra services shall constitute Additional Rent and, except for extra
utility costs, shall include a management fee payable to Landlord of five percent (5%). Additional Rent shall be paid monthly by Tenant to Landlord concurrently with the payment of Base Rent. 

4.3 Window Coverings. All window coverings for the Leased Premises shall be those approved by Landlord. Tenant shall not place or
maintain any window coverings, blinds, curtains or drapes other than those 

  
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approved by Landlord on any exterior window without Landlord’s prior written approval, which Landlord shall have the right to grant or withhold in its absolute and sole discretion. 

4.4 Graphics and Signage. Landlord shall provide Building standard identification of Tenant’s name and suite numerals (i) on
a building directory in the Building lobby, and (ii) at the main entrance door to the Leased Premises. Landlord reserves the right to exclude any other names from the building directory. All signs, notices, advertisements and graphics of every
kind or character, visible in or from the Common Areas or the exterior of the Leased Premises shall be subject to the CC&R’s and Landlord’s prior written approval, which Landlord shall have the right to withhold in its absolute and
sole discretion. Landlord may remove, without notice to and at the expense of Tenant, any sign, notice, advertisement or graphic of any kind inscribed, displayed or affixed in violation of the foregoing requirement. All approved signs, notices,
advertisements or graphics shall be printed, affixed or inscribed at Tenant’s expense by a sign company selected by or approved by Landlord. Landlord shall be entitled to revise the Project graphics and signage standards at any time. 

4.5 Intentionally deleted. 

4.6 Repair Obligation. Landlord’s obligation under this Lease with respect to maintenance, repair, and replacement shall be
limited to (i) the structural portions of the Building; (ii) the exterior walls of the Building, including exterior glass and glazing; (iii) the exterior roof; (iv) mechanical, electrical, plumbing and life safety systems serving
the Project (other than such systems installed by Tenant); (v) the Common Areas; (vi) the Project parking area; and (vii) landscaped areas. However, Landlord shall not have any obligation to repair damage caused by Tenant, its agents,
employees, contractors, invitees or licensees. Landlord shall have the right, but not the obligation, to undertake work of repair which Tenant is required to perform under this Lease and which Tenant fails or refuses to perform in a timely and
efficient manner after Tenant’s receipt of written notice. Tenant shall reimburse Landlord upon demand, as Additional Rent, for all costs incurred by Landlord in performing any such repair for the account of Tenant, together with an amount
equal to ten percent (10%) of such costs to reimburse Landlord for its administration and managerial effort. Except as specifically set forth in this Lease, Landlord shall have no obligation whatsoever to maintain or repair the Leased Premises or
the Project. The parties intend that the terms of this Lease govern their respective maintenance and repair obligations. Tenant expressly waives the benefit of any statute now or hereafter in effect to the extent it is inconsistent with the terms of
this Lease with respect to such obligations or which affords Tenant the right to make repairs at the expense of Landlord or terminate this Lease by reason of the condition of the Leased Premises or any needed repairs. 

Article 5. 

Tenant’s Covenants 

5.1 Payments by Tenant. Tenant shall pay Rent at the times and in the manner provided in this Lease. All obligations of Tenant
hereunder to make payments to Landlord shall constitute Rent and failure to pay the same when due shall give rise to the rights and remedies provided for in Section 7.8. If Tenant consists of more than one person or entity, the obligations
imposed under this Lease upon all such persons or entities shall be joint and several. 
 5.2 Tenant Improvements. Any initial tenant
improvements to be made by Tenant, if any, shall be installed and constructed pursuant to Exhibit B and all applicable terms under this Lease. 

5.3 Taxes on Personal Property. In addition to, and wholly apart from its obligation to pay Tenant’s Proportionate Share of Basic
Operating Costs and Tenant’s Proportionate Share of Property Taxes, Tenant shall be responsible for, and shall pay prior to delinquency, all taxes or governmental service fees, possessory interest taxes, fees or charges in lieu of any such
taxes, capital levies, and any other charges imposed upon, levied with respect to, or assessed against Tenant’s personal property, and on its interest pursuant to this Lease. To the extent that any such taxes are not separately assessed or
billed to Tenant, Tenant shall pay the amount thereof as invoiced to Tenant by Landlord. 

  
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 5.4 Repairs by Tenant. Tenant shall be obligated to maintain and repair, at
Tenant’s sole cost and expense, the Leased Premises (including Tenant’s personal property, trade fixtures and any equipment, systems, improvements or alterations installed by or on behalf of Tenant) and every part thereof (other than
elements of the Leased Premises to be maintained and repaired by Landlord as expressly set forth in this Lease), to keep the same at all times in good order, condition and repair, and, upon expiration of the Term, to surrender the same to Landlord
in the same condition as on the Term Commencement Date, reasonable wear and tear, taking by condemnation, and damage by casualty not caused by Tenant, its agents, employees, contractors, invitees and licensees excepted. Tenant’s obligations
shall include, without limitation, the obligation to maintain and repair all walls, floors, ceilings and fixtures and to repair all damage caused by Tenant, its agents, employees, contractors, invitees and others using the Leased Premises with
Tenant’s expressed or implied permission. At Landlord’s option, but without obligation to do so, Landlord may perform the work of maintenance and repair constituting Tenant’s obligation under this Section 5.4 at Tenant’s
sole cost and expense and as an extra service to be rendered pursuant to Section 4.2(e). Any work of repair and maintenance performed by or for the account of Tenant by persons other than Landlord shall be performed by contractors or
subcontractors approved by Landlord and in accordance with procedures Landlord shall from time to time reasonably establish. Tenant shall give Landlord prompt notice of any damage to or defective condition in any part of the Building’s
mechanical, electrical, plumbing, life safety or other system servicing, located in or passing through the Leased Premises. 
 5.5
Waste. Tenant shall not commit or allow any waste or damage to be committed in any portion of the Leased Premises or the Project. 

5.6 Assignment or Sublease. 

(a) Except as expressly provided in this Section 5.6(a) below, Tenant shall not voluntarily or by operation of law assign, transfer,
mortgage or otherwise transfer or encumber (collectively “Transfer”) or sublet all or any part of Tenant’s interest in this Lease or in the Leased Premises without Landlord’s prior written consent given under and subject to the
terms of this Section 5.6. Notwithstanding anything to the contrary in this Lease, Tenant may, without Landlord’s prior written consent and without constituting an assignment or sublease hereunder, sublet the Premises or assign this Lease
to (a) an entity controlling, controlled by or under common control with Tenant, (b) an entity related to Tenant by merger, consolidation or reorganization, or (c) a purchaser of substantially all of Tenant’s assets (each, a
“Permitted Transferee”); provided that: (i) at least thirty (30) days prior to such assignment or sublease, Tenant delivers to Landlord a reasonably detailed description of the Permitted Transferee and the financial statements
and other financial and background information of the Permitted Transferee; (ii) in the case of an assignment, the Permitted Transferee assumes, in full, the obligations of Tenant under this Lease (or in the case of a sublease, the sublessee of
a portion of the Premises or Term assumes, in full, the obligations of Tenant with respect to such portion) pursuant to an assignment and assumption agreement (or a sublease, as applicable) reasonably acceptable to Landlord, a fully executed copy of
which is delivered to Landlord within thirty (30) days following the effective date of such assignment or subletting; (iii) Tenant remains fully liable under this Lease; (iv) the use of the Premises is pursuant to Section 1.16 of
this Lease; (v) such transaction is not entered into as a subterfuge to avoid the restrictions and provisions of this Section 5.6 and will not violate any exclusive use covenant to which Landlord is bound; (vi) with respect to a
subletting only, Tenant and such Permitted Transferee execute Landlord’s standard consent to sublease form; and (vii) Tenant is not in default under this Lease. 

(b) If Tenant desires to Transfer this Lease or any interest herein or sublet the Leased Premises or any part thereof, Tenant shall give
Landlord a request for consent to such transaction, in writing. Tenant’s written request for consent shall specify the date the proposed Transfer or sublease would be effective and be accompanied by information pertinent to Landlord’s
determination as to the financial and operational responsibility and appropriateness of the proposed assignee or subtenant, including, without limitation, its name, business and financial condition, financial details of the proposed transfer, the
intended use (including any modification) of the Leased Premises, and exact copies of all of the proposed agreement(s) between Tenant and the proposed assignee or subtenant. Tenant shall promptly provide Landlord with (i) such other or
additional 

  
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information or documents reasonably requested (within ten (10) days after receiving Tenant’s consent request) by Landlord, and (ii) an opportunity to meet and interview the
proposed assignee or subtenant, if requested by Landlord. 
 (c) Landlord shall have a period of thirty (30) days following such
interview and receipt of all such additional information (or thirty (30) days from the date of Tenant’s original notice if Landlord does not request additional information or an interview) within which to notify Tenant in writing that
Landlord elects either (i) to terminate this Lease as to the space so affected as of the effective date of the proposed Transfer or sublease specified by Tenant, in which event Landlord and Tenant will be relieved of all further obligations
hereunder as to such space as of such date, other than those obligations which survive termination of the Lease, (ii) refuse consent (provided, if Landlord should fail to notify Tenant in writing of such election within such 30-day period, Landlord shall be deemed to have elected to refuse consent), or (iii) to permit Tenant to Transfer this Lease or sublet such space to the proposed transferee. Landlord’s consent to the
proposed Transfer or sublease shall not be unreasonably withheld, conditioned or delayed so long as the use of the Leased Premises by such proposed assignee or subtenant would be a Permitted Use, the proposed assignee or subtenant is of sound and
sufficient financial condition and has an acceptable credit history as determined by Landlord in its absolute and sole discretion, the business experience and quality of business operations of the proposed assignee or subtenant is comparable to
Tenant, the reputation of the proposed assignee or subtenant (including any principals, members, partners or shareholders of such assignee or subtenant) is acceptable to Landlord in its absolute and sole discretion, the proposed assignee or
subtenant executes such reasonable assumption documentation as Landlord shall require, and the proposed assignee or subtenant is not (x) already a tenant in the Building or (y) a party with whom Landlord has been discussing the leasing of
space in the Building. In the event all or any one of the foregoing conditions are not satisfied (without limiting other factors that may be imposed by Landlord in connection with a requested Transfer or sublease), Landlord shall be considered to
have acted reasonably if it withholds its consent. Without in any manner limiting the rights of Landlord, following any such termination by Landlord as permitted above, Landlord may lease the affected portion of the Leased Premises to the
prospective assignee or subtenant proposed by Tenant, without liability to Tenant. Failure by Landlord to approve a proposed subtenant or assignee shall not cause a termination of this Lease. Tenant acknowledges and agrees that the provision of this
Section 5.6 are not unreasonable standards or conditions for purposes of Section 1951.4 of the California Civil Code, as amended from time to time, under bankruptcy laws, or for any other purpose. 

(d) In the event Tenant shall request the consent of Landlord to any Transfer or subletting hereunder, Tenant shall pay Landlord a non-refundable processing fee of $1,250.00 and shall reimburse Landlord for all of Landlord’s reasonable out-of-pocket costs and
expenses, including attorneys’ fees, incurred in connection therewith. All such fees shall be deemed Additional Rent under this Lease. 

(e) Any rent or other consideration realized by Tenant under any such Transfer or sublease in excess of the Rent payable hereunder paid by
Tenant, shall be divided and paid as follows: fifty percent (50%) to Landlord and fifty percent (50%) to Tenant. 
 (f) A change in the
control of Tenant shall constitute an assignment requiring Landlord’s consent. The transfer, on a cumulative basis, of twenty-five percent (25%) or more of the voting control of Tenant or of the
beneficial ownership of Tenant shall constitute a change in control for this purpose. 
 (g) The consent of Landlord to any Transfer or
subletting shall not constitute a consent to any subsequent Transfer or subletting by Tenant or to any subsequent or successive Transfer or subletting by the assignee or subtenant. 

(h) No Transfer or subletting by Tenant shall relieve Tenant of any obligation under this Lease. In the event of default by an assignee or
subtenant of Tenant or any successor of Tenant in the performance of any of the terms hereof, Landlord may proceed directly against Tenant without the necessity of exhausting remedies against such assignee, subtenant or successor. Any Transfer or
subletting made without Landlord’s consent or 

  
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which conflicts with the provisions hereof shall be void and, at Landlord’s option, shall constitute a default under this Lease. 

5.7 Alterations, Additions and Improvements. 

(a) Tenant shall not make or allow to be made any alterations, additions or improvements in or to the Leased Premises without first obtaining
the written consent of Landlord. Landlord’s consent will not be unreasonably withheld with respect to proposed alterations, additions and/or improvements which (i) comply with the CC&R’s and all applicable laws, ordinances, rules
and regulations; (ii) are compatible with and does not adversely affect the Building and its mechanical, telecommunication, electrical, HVAC and life safety systems; (iii) will not affect the structural or exterior portions of the
Building; (iv) will not interfere with the use and occupancy of any other portion of the Building by any other tenant, its employees or invitees; (v) will not trigger any additional costs to Landlord, and (vi) cost less than Ten
Thousand Dollars ($10,000.00). Specifically, but without limiting the generality of the foregoing, Landlord’s right of consent shall encompass plans and specifications for the proposed alterations or additions, construction means and methods,
the identity of any contractor or subcontractor to be employed on the work of alterations or additions, and the time for performance of such work. Tenant shall supply to Landlord any additional documents and information requested by Landlord in
connection with Tenant’s request for consent hereunder. 
 (b) Any consent given by Landlord under this Section 5.7 shall be
deemed conditioned upon: (i) Tenant’s acquiring all applicable permits required by governmental authorities; (ii) Tenant’s furnishing to Landlord copies of such permits, together with copies of the approved plans and
specifications, prior to commencement of the work thereon; and (iii) the compliance by Tenant with the conditions of all applicable permits and approvals in a prompt and expeditious manner. Tenant shall pay all reasonable out-of-pocket costs incurred by Landlord in the evaluation of the plans and specifications, including, but not limited to, Landlord’s general contractor’s,
architects’ and engineers’ fees. In addition, as a condition to Landlord’s granting of its consent to any alterations, additions, or improvements, Landlord shall have the right to (1) require that such work be performed by
Landlord’s designated contractors and subcontractors, or (if Landlord does not so require that such work be performed by Landlord’s designated contractors and subcontractors) Landlord shall have the right to approve the contractor and
subcontractors performing such alterations, additions, or improvements, such approval not to be unreasonably withheld or delayed (provided that in any event Building standard subcontractors shall be used for work on Building roof, exterior,
mechanical and utility systems), and (2) require that Tenant furnish assurances satisfactory to Landlord that all contractors and subcontractors who will perform such work have in force all insurance required under Section 7.3, and such
other insurance as Landlord reasonably deems necessary to supplement the insurance coverage provided for in Section 7.3. In the event Landlord elects to have any alterations, additions, or improvements to the Leased Premises performed by
Landlord’s designated contractors and subcontractors, Landlord shall be entitled to charge Tenant a five percent (5%) administration fee in addition to the actual costs of labor and materials provided. Such costs and fees shall be deemed
Additional Rent under this Lease, and may be charged and payable prior to commencement of the work. 
 (c) Tenant shall provide Landlord
with not less than fifteen (15) days prior written notice of commencement of the work so as to enable Landlord to post and record appropriate notices of non-responsibility. All alterations and additions
permitted hereunder shall be made and performed by Tenant without cost or expense to Landlord and in strict accordance with plans and specifications approved by Landlord. Tenant shall pay the contractors, subcontractors and suppliers all amounts due
to them when due and keep the Leased Premises and the Project free from any and all mechanics’, materialmen’s and other liens and claims arising out of any work performed, materials furnished or obligations incurred by or for Tenant.
Landlord may require, at its sole option, that Tenant provide to Landlord, at Tenant’s expense, a lien and completion bond in an amount equal to the total estimated cost of any alterations, additions or improvements to be made in or to the
Leased Premises, to protect Landlord against any liability for mechanics’, materialmen’s and other liens and claims, and to ensure timely completion of the work. Any mechanics’ liens filed against the Leased Premises or against the
Building or the Project for work claimed to have been done for, or materials claimed to have been furnished to, Tenant will be 

  
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discharged by Tenant, by bond or otherwise, within thirty (30) days after the filing thereof, at Tenant’s sole cost and expense. 

(d) Any and all alterations, additions or improvements made to the Leased Premises by Tenant shall become the property of Landlord upon
installation and shall be surrendered to Landlord without compensation to Tenant upon the termination of this Lease by lapse of time or otherwise unless (i) Landlord conditioned its approval of such alterations, additions or improvements on
Tenant’s agreement to remove them, or (ii) if Tenant did not provide a Removal Determination Request (as defined below), Landlord notifies Tenant prior to (or promptly after) the Term Expiration Date that the alterations, additions and/or
improvements must be removed, in which case Tenant shall, by the Term Expiration Date, remove such alterations, additions and improvements, repair any damage resulting from such removal and restore the Leased Premises to their condition existing
prior to the date of installation of such alterations, additions and improvements, ordinary wear and tear excepted. Prior to making any alterations, additions or improvements to the Leased Premises, Tenant may make a written request that Landlord
determine in advance whether or not Tenant must remove such alterations, additions or improvements on or prior to the Term Expiration Date or any earlier termination of this Lease (“Removal Determination Request”). Notwithstanding anything
to the contrary set forth above, this clause shall not apply to movable equipment or furniture owned by Tenant. Tenant shall repair at its sole cost and expense all damage caused to the Leased Premises and the Project by removal of Tenant’s
movable equipment or furniture and such other alterations, additions and improvements as Tenant shall be required or allowed by Landlord to remove from the Leased Premises. 

(e) All alterations, additions and improvements permitted under this Section 5.7 shall be constructed diligently, in a good and
workmanlike manner with new, good and sufficient materials and in compliance with the CC&R’s and all applicable laws, ordinances, rules and regulations (including, without limitation, building codes and those related to accessibility and
use by individuals with disabilities, including, but not limited to the ADA). Tenant shall, promptly upon completion of the work, furnish Landlord with “as built” drawings for any alterations, additions or improvements performed under this
Section 5.7. 
 (f) Tenant shall have the right to install a wireless intranet, internet, and communications network (also known as “Wi-Fi”) within the Leased Premises for the use of Tenant and its employees (the “Network”) subject to this subsection and all the other clauses of this Lease as are applicable. Tenant shall not
solicit, suffer, or permit other tenants or occupants of the Building to use the Network or any other communications service, including, without limitation, any wired or wireless internet service that passes through, is transmitted through, or
emanates from the Leased Premises. Tenant agrees that Tenant’s communications equipment and the communications equipment of Tenant’s service providers located in or about the Leased Premises, including, without limitation, any antennas,
switches, or other equipment (collectively, “Tenant’s Communications Equipment”) shall be of a type and, if applicable, a frequency that will not cause radio frequency, electromagnetic, or other interference to any other party or any
equipment of any other party including, without limitation, Landlord, other tenants, or occupants of the Building or any other party. In the event that Tenant’s Communications Equipment causes or is believed to cause any such interference, upon
receipt of notice from Landlord of such interference, Tenant will take all steps necessary, at Tenant’s sole cost and expense, to correct and eliminate the interference. If the interference is not eliminated within 24 hours (or a shorter period
if Landlord believes a shorter period to be appropriate) then, upon request from Landlord, Tenant shall shut down the Tenant’s Communications Equipment pending resolution of the interference, with the exception of intermittent testing upon
prior notice to and with the approval of Landlord. 
 5.8 Compliance With Laws and Insurance Standards. Tenant shall not occupy or
use, or permit any portion of the Leased Premises to be occupied or used in a manner that violates any applicable law, ordinance, rule, regulation, order, permit, covenant, easement or restriction of record, or the recommendations of Landlord’s
engineers or consultants, relating in any manner to the Project, or for any business or purpose which is disreputable, objectionable or productive of fire hazard. Tenant shall not do or permit anything to be done which would result in the
cancellation, or in any way increase the cost, of the property insurance coverage on the 

  
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Project and/or its contents. If Tenant does or permits anything to be done which increases the cost of any insurance covering or affecting the Project, then Tenant shall reimburse Landlord, upon
demand, as Additional Rent, for such additional costs. Landlord shall deliver to Tenant a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.
Tenant shall, at Tenant’s sole cost and expense, comply with all laws, ordinances, rules, regulations and orders (state, federal, municipal or promulgated by other agencies or bodies having or claiming jurisdiction) related to the use,
condition or occupancy of the Leased Premises now in effect or which may hereafter come into effect including, but not limited to, (a) accessibility and use by individuals with disabilities, and (b) environmental conditions in, on or about
the Leased Premises. If anything done by Tenant in its use or occupancy of the Leased Premises shall create, require or cause imposition of any requirement by any public authority for structural or other upgrading of or alteration or improvement to
the Project, Tenant shall, at Landlord’s option, either perform the upgrade, alteration or improvement at Tenant’s sole cost and expense or reimburse Landlord upon demand, as Additional Rent, for the cost to Landlord of performing such
work. The judgment of any court of competent jurisdiction or the admission by Tenant in any action against Tenant, whether Landlord is a party thereto or not, that Tenant has violated any law, ordinance, rule, regulation, order, permit, covenant,
easement or restriction shall be conclusive of that fact as between Landlord and Tenant. 
 5.9 No Nuisance; No Overloading. Tenant
shall use and occupy the Leased Premises, and control its agents, employees, contractors, subcontractors, invitees and visitors in such manner so as not to create any nuisance, or interfere with, annoy or disturb (whether by noise, odor, vibration
or otherwise) any other tenant or occupant of the Project or Landlord in its operation of the Project. Tenant shall not place or permit to be placed any loads upon the floors, walls or ceilings in excess of the maximum designed load specified by
Landlord or which might damage the Leased Premises, the Building, or any portion thereof. 
 5.10 Furnishing of Financial Statements;
Tenant’s Representations. In order to induce Landlord to enter into this Lease, Tenant agrees that it shall promptly furnish Landlord, from time to time, within ten (10) business days of receipt of Landlord’s written request
therefor, with financial statements in form and substance reasonably satisfactory to Landlord reflecting Tenant’s current financial condition. Tenant represents and warrants that all financial statements, records and information furnished by
Tenant to Landlord in connection with this Lease are true, correct and complete in all material respects. 
 5.11 Entry by Landlord.
Landlord, its employees, agents and consultants, shall have the right to enter the Leased Premises at any time, in cases of an emergency, and otherwise at reasonable times after reasonable advance notice to Tenant (which notice may be
telephonic, via email, or in person) to inspect the same, to clean, to perform such work as may be permitted or required under this Lease, to make repairs to or alterations of the Leased Premises or other portions of the Project or other tenant
spaces therein, to deal with emergencies, to post such notices as may be permitted or required by law to prevent the perfection of liens against Landlord’s interest in the Project, to show the Leased Premises to prospective tenants, purchasers,
encumbrancers or others, or for any other purpose as Landlord may deem reasonably necessary or desirable. Tenant shall not be entitled to any abatement of Rent or damages by reason of the exercise of any such right of entry or performance of any
such work by Landlord. 
 5.12 Nondisturbance and Attornment. 

(a) This Lease and the rights of Tenant hereunder shall be subject and subordinate to the lien of any deed of trust, mortgage, ground lease or
other hypothecation or security instrument (collectively, “Security Device”) now or hereafter placed upon, affecting or encumbering the Building, Project or any part thereof or interest therein, and to any and all advances made thereunder,
interest thereon or costs incurred and any modifications, renewals, supplements, consolidations, replacements and extensions thereof. Without the consent of Tenant, the holder of any such Security Device or the beneficiary thereunder shall have the
right to elect to be subject and subordinate to this Lease, such subordination to be effective upon such terms and conditions as such holder or beneficiary may direct which are not inconsistent with the provisions hereof. Tenant agrees to attorn to

  
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and recognize as the Landlord under this Lease the holder or beneficiary under a Security Device or any other party that acquires ownership of the Leased Premises by reason of a foreclosure or
sale under any Security Device (or deed in lieu thereof). The new owner following such foreclosure, sale or deed shall not be (i) liable for any act or omission of any prior landlord or with respect to events occurring prior to acquisition of
ownership; (ii) subject to any offsets or defenses which Tenant might have against any prior landlord; (iii) bound by prepayment of more than one (1) month’s Rent; or (iv) liable to Tenant for any security deposit not
actually received by such new owner. Tenant covenants and agrees to execute (and acknowledge if required by Landlord, any lender or ground lessor) and deliver, within ten (10) days of a written demand or request by Landlord and in the form
reasonably requested by Landlord, ground lessor, mortgagee or beneficiary, any additional documents evidencing the priority or subordination of this Lease with respect to any such ground leases or underlying leases or the lien of any such mortgage
or deed of trust. 
 (b) Tenant shall not unreasonably withhold its consent to changes or amendments to this Lease requested by the holder
of a Security Device so long as these changes do not alter the basic business terms of this Lease or otherwise materially diminish any rights or materially increase any obligations of Tenant hereunder. If, within ten (10) days after notice from
Landlord, Tenant fails or refuses to execute with Landlord the amendment(s) to this Lease accomplishing the change(s) or amendment(s) which are requested by such holder, Landlord, at its sole option, shall have the right to immediately terminate
this Lease. 
 5.13 Estoppel Certificate. Within ten (10) days following Landlord’s request, Tenant shall execute,
acknowledge and deliver written estoppel certificates addressed to (i) any mortgagee or prospective mortgagee of Landlord, or (ii) any purchaser or prospective purchaser of all or any portion of, or interest in, the Project, on a form
specified by Landlord, certifying as to such facts (if true) and agreeing to such notice provisions and other matters as such mortgagee(s) or purchaser(s) may reasonably require, including, without limitation, the following: (a) that this Lease
is unmodified and in full force and effect (or in full force and effect as modified, and stating the modifications); (b) the amount of, and date to which Rent and other charges have been paid in advance; (c) the amount of any Security Deposit;
and (d) acknowledging that Landlord is not in default under this Lease (or, if Landlord is claimed to be in default, stating the nature of the alleged default). Any such estoppel certificate may be relied upon by any such mortgagee or
purchaser. Failure by Tenant to execute and deliver any such estoppel certificate within the time requested shall, at Landlord’s election, constitute a default hereunder and shall be conclusive upon Tenant that (1) this Lease is in full
force and effect and has not been modified except as represented by Landlord; (2) not more than one month’s Rent has been paid in advance; and (3) Landlord is not in default under this Lease. 

5.14 Security Deposit. Concurrently with the execution hereof, Tenant shall pay to Landlord the agreed upon Security Deposit as
security for the full and faithful performance of Tenant’s obligations under this Lease. If at any time during the Term, Tenant shall be in default in the payment of Rent or in default for any other reason, Landlord may use, apply or retain all
or part of the Security Deposit for payment of any amount due to Landlord or to cure such default or to reimburse or compensate Landlord for any liability, loss, cost, expense or damage (including attorneys’ fees) which Landlord may suffer or
incur by reason of Tenant’s defaults. If Landlord uses or applies all or any part of the Security Deposit, Tenant shall, on demand, pay to Landlord a sum sufficient to restore the Security Deposit to the full amount required by this Lease. Upon
expiration of the Term or earlier termination of this Lease and after Tenant has vacated the Leased Premises, Landlord shall return the Security Deposit to Tenant, reduced by such amounts as may be required by Landlord to remedy defaults on the part
of Tenant in the payment of Rent, to repair damages to the Leased Premises caused by Tenant and to clean the Leased Premises. The portion of the deposit not so required shall be paid over to Tenant (or, at Landlord’s option, to the last
assignee of Tenant’s interest in this Lease) within thirty (30) days after expiration of the Term or earlier termination hereof. Landlord shall hold the Security Deposit for the foregoing purposes; provided, however, that Landlord shall
have no obligation to segregate the Security Deposit from its general funds or to pay interest in respect thereof. No part of the Security Deposit shall be considered to be held in trust, or to be prepayment of any monies to be paid by Tenant under
this Lease. Tenant hereby waives (i) the protections of Section 1950.7 of the California Civil Code, as it may hereafter be amended and any and all other laws, rules and 

  
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regulations applicable to security deposits in the commercial context (“Security Deposit Laws”), and (ii) any and all rights, duties and obligations either party may now or, in the
future, will have relating to or arising from the Security Deposit Laws. Notwithstanding anything to the contrary herein, the Security Deposit may be retained and applied by Landlord (a) to offset Rent which is unpaid either before or after
termination of this Lease, and (b) against other damages suffered by Landlord before or after termination of this Lease. If Landlord sells its interest in the Project (or any portion thereof) during the Term hereof and deposits with the
purchaser thereof the then unappropriated funds deposited by Tenant as aforesaid, Landlord shall be discharged from any further liability with respect to such Security Deposit. 

5.15 Surrender. 
 (a)
Subject to the provisions of Section 5.7 hereof, on the Term Expiration Date (or earlier termination of this Lease), Tenant shall quit and surrender possession of the Leased Premises to Landlord in as good order and condition as they were in on
the Term Commencement Date, reasonable wear and tear, casualty damage, taking by condemnation and damage by casualty not caused by Tenant, its agents, employees, contractors, subcontractors, invitees and licensees excepted. Reasonable wear and tear
shall not include any damage or deterioration that would have been prevented by good maintenance practice or by Tenant performing all of its obligations under this Lease. Tenant shall, without cost to Landlord, remove all furniture, equipment, trade
fixtures, debris and articles of personal property owned by Tenant in the Leased Premises, and shall repair any damage to the Project resulting from such removal. Any such property not removed by Tenant by the Term Expiration Date (or earlier
termination of this Lease) shall be considered abandoned, and Landlord may remove any or all of such items and dispose of same in any lawful manner or store same in a public warehouse or elsewhere for the account and at the expense and risk of
Tenant. If Tenant shall fail to pay the cost of storing any such property after storage for thirty (30) days or more, Landlord may sell any or all of such property at public or private sale, in such manner and at such times and places as
Landlord may deem proper, without notice to or demand upon Tenant. Landlord shall apply the proceeds of any such sale as follows: first, to the costs of such sale; second, to the costs of storing any such property; third, to the payment of any other
sums of money which may then or thereafter be due to Landlord from Tenant under any of the terms of this Lease; and fourth, the balance, if any, to Tenant. 

(b) In addition, on the Term Expiration Date (or earlier termination of this Lease), Tenant shall remove, at its sole cost and expense, all of
Tenant’s telecommunications lines and cabling installed by Tenant, including, without limitation, any such lines and cabling installed in the plenum or risers of the Building in compliance with the National Electrical Code (collectively,
“Wires”) and repair all damage caused thereby and restore the Leased Premises or the Building, as the case may be, to their condition existing prior to the installation of the Wires (“Wire Restoration Work”). Landlord, at its
option, may perform such Wire Restoration Work at Tenant’s sole cost and expense. In the event that Tenant fails to perform the Wire Restoration Work or refuses to pay all costs of the Wire Restoration Work (if performed by Landlord) within ten
(10) days of Tenant’s receipt of Landlord’s notice requesting Tenant’s reimbursement for or payment of such costs or otherwise fails to comply with the provisions of this Section, Landlord may apply all or any portion of the
Security Deposit toward the payment of any costs or expenses relative to the Wire Restoration Work or Tenant’s obligations under this Section. The retention or application of such Security Deposit (if any) by Landlord pursuant to this Section
does not constitute a limitation on or waiver of Landlord’s right to seek further remedy under law or equity. The provisions of this Section shall survive the expiration or sooner termination of this Lease. 

5.16 Tenant’s Remedies. Landlord shall not be deemed in breach of this Lease unless Landlord fails within a reasonable time to
perform an obligation required to be performed by Landlord. For purposes of this Section 5.16, a reasonable time shall in no event, be less than thirty (30) days after receipt by Landlord, and by the holders of any ground lease, deed of
trust or mortgage covering the Leased Premises whose name and address shall have been furnished Tenant in writing for such purpose, of written notice specifying wherein such obligation of Landlord has not been performed; provided, however, that if
the nature of Landlord’s obligation is such that more than thirty (30) days after such notice are reasonably required for its performance, then Landlord 

  
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shall not be in breach of this Lease if performance is commenced within said thirty (30)-day period and thereafter diligently pursued to completion. If
Landlord fails to cure such default within the time provided for in this Lease, the holder of any such ground lease, deed of trust or mortgage shall have an additional thirty (30) days to cure such default; provided that if such default cannot
reasonably be cured within that thirty (30) day period, then such holder shall have such additional time to cure the default as is reasonably necessary under the circumstances. Tenant shall look solely to Landlord’s interest in the Project
for recovery of any judgment from Landlord. Neither Landlord nor any of its trustees, shareholders, members, partners (whether general or limited), asset managers, property managers, beneficiaries, directors, officers, agents, employees, contractors
or representatives shall ever be personally liable for any such judgment. Any lien obtained to enforce any such judgment and any levy of execution thereon shall be subject and subordinate to any lien, deed of trust or mortgage to which
Section 5.12 applies or may apply. Notwithstanding any contrary provision contained in this Lease, neither Landlord nor any of its trustees, shareholders, members, partners (whether general or limited), asset managers, property managers,
beneficiaries, directors, officers, agents, employees, contractors or representatives shall be liable under any circumstances for any indirect or consequential damages or any injury or damage to, or interference with, Tenant’s business,
including but not limited to, loss of profits, loss of rents or other revenues, loss of business opportunity, loss of goodwill or loss of use, in each case, however occurring. Tenant shall not have the right to terminate this Lease or withhold,
reduce or offset any amount against any payments of Rent due and payable under this Lease by reason of a breach of this Lease by Landlord. 

5.17 Rules and Regulations. Tenant shall comply with the rules and regulations for the Project attached as Exhibit D and
such reasonable amendments thereto as Landlord may adopt from time to time with prior notice to Tenant. 
 5.18 CC&R’s.
Tenant acknowledges that the Leased Premises and the Project are subject and subordinate to all matters of record as of the date of this Lease including, but not limited to that certain Declaration of Establishment of Covenants, Conditions and
Restrictions on Bayhill: The San Francisco Airport Office Center recorded on December 20, 1971 at Book 6064, Page 710 as Instrument No. 73645-AE, as amended by that certain First Amendment to Declaration
of Establishment of Covenants, Conditions and Restrictions on Bayhill: The San Francisco Airport Office Center recorded on February 13, 1996 as Instrument No. 96016416, and as amended by that certain Second Amendment to Declaration of
Establishment of Covenants, Conditions and Restrictions on Bayhill: The San Francisco Airport Office Center recorded on March 26, 1998 as Instrument No. 98040836, all in the official records of San Mateo County, California (collectively,
the “CC&R’s”). Landlord may modify the CC&R’s in accordance with the terms of the CC&R’s without Tenant’s prior written approval, except that no such modification shall materially increase any of
Tenant’s obligations or materially decrease any of Tenant’s rights or Landlord’s obligations under this Lease or the CC&R’s. 

Article 6. 

Environmental Matters 

6.1 Hazardous Materials Prohibited. 

(a) Tenant shall not cause or permit any Hazardous Material (as defined in Section 6.1(c) below) to be brought, kept, used, generated,
released or disposed in, on, under or about the Leased Premises or the Project by Tenant, its agents, employees, contractors, subcontractors, licensees or invitees (collectively, “Tenant’s Representatives”); provided, however, that
Tenant may use, store and dispose of, in accordance with applicable Laws, limited quantities of standard office and janitorial supplies, but only to the extent reasonably necessary for Tenant’s operations in the Leased Premises. Tenant hereby
indemnifies Landlord from and against (i) any breach by Tenant of the obligations stated in the preceding sentence, (ii) any breach of the obligations stated in Section 6.1(b) below, or (iii) any claims or liability resulting
from Tenant’s use of Hazardous Materials. Tenant hereby agrees to defend and hold Landlord harmless from and against any and all claims, liability, losses, damages, costs and/or expenses (including, without limitation, diminution in value of
the Project, or any portion 

  
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thereof, damages for the loss or restriction on use of rentable or usable space or of any amenity of the Project, damages arising from any adverse impact on marketing of space in the Project, and
sums paid in settlement of claims, fines, penalties, attorneys’ fees, consultants’ fees and experts’ fees) which arise during or after the Term as a result of any breach of the obligations stated in Sections 6.1(a) or 6.1(b) or
otherwise resulting from Tenant’s use of Hazardous Materials. This indemnification of Landlord by Tenant includes, without limitation, death of or injury to person, damage to any property or the environment and costs incurred in connection with
any investigation of site conditions or any cleanup, remedial, removal, or restoration work required by any federal, state or local governmental agency or political subdivision because of any Hazardous Material present in, on, under or about the
Leased Premises or the Project (including soil and ground water contamination) which results from such a breach. Without limiting the foregoing, if the presence of any Hazardous Material in, on, under or about the Leased Premises or the Project
caused or permitted by Tenant results in any contamination of the Leased Premises or the Project, Tenant shall promptly take all actions at its sole expense as are necessary to return the same to the condition existing prior to the introduction of
such Hazardous Material; provided that Landlord’s approval of such actions, and the contractors and/or subcontractors to be used by Tenant in connection therewith, shall first be obtained. This indemnification of Landlord by Tenant shall
survive the expiration or sooner termination of this Lease. 
 (b) Tenant covenants and agrees that Tenant shall at all times be responsible
and liable for, and be in compliance with, all federal, state, local and regional laws, ordinances, rules, codes and regulations, as amended from time to time (“Governmental Requirements”), relating to health and safety and environmental
matters, arising, directly or indirectly, out of the use of Hazardous Materials (as defined in Section 6.1(c) below) in the Project. Health and safety and environmental matters for which Tenant is responsible under this paragraph include,
without limitation (i) notification and reporting to governmental agencies, (ii) the provision of warnings of potential exposure to Hazardous Materials to Landlord and Tenant’s agents, employees, licensees, contractors, subcontractors
and others, (iii) the payment of taxes and fees, (iv) the proper off-site transportation and disposal of Hazardous Materials, and (v) all requirements, including training, relating to the use of
equipment. Immediately upon discovery of a release of Hazardous Materials, Tenant shall give written notice to Landlord, whether or not such release is subject to reporting under Governmental Requirements. The notice shall include information on the
nature and conditions of the release and Tenant’s planned response. Tenant shall be liable for the cost of any clean-up of the release of any Hazardous Materials by Tenant or Tenant’s Representatives
on the Project. 
 (c) As used in this Lease, the term “Hazardous Material” means any hazardous or toxic substance, material or
waste which is or becomes regulated by any local governmental authority, the State of California or the United States Government. The term “Hazardous Material” includes, without limitation, any substance, material or waste which is
(i) defined as a “hazardous waste” or similar term under the laws of the jurisdiction where the Project is located; (ii) designated as a “hazardous substance” pursuant to Section 311 of the Federal Water Pollution
Control Act (33 U.S.C. § 1317); (iii) defined as a “hazardous waste” pursuant to Section 1004 of the Federal Resource, Conservation and Recovery Act, 42 U.S.C. § 6901 et seq. (42 U.S.C. § 6903); (iv) defined as a
“hazardous substance” pursuant to Section 101 of the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. § 9601 et seq. (42 U.S.C. § 9601); (v) hydrocarbons, petroleum, gasoline, crude oil or any
products, by-products or fractions thereof; or (vi) asbestos in any form or condition. 
 (d)
As used in this Article 6, the term “Laws” means any applicable federal, state or local laws, ordinances, rules or regulations relating to any Hazardous Material affecting the Project, including, without limitation, the specific laws,
ordinances and regulations referred to in Section 6.1(c) above. References to specific Laws shall also be references to any amendments thereto and to any applicable successor Laws. 

6.2 Limitations on Assignment and Subletting. In addition to the provisions of Section 5.6 above, it shall not be unreasonable for
Landlord to withhold its consent to any proposed Transfer or subletting of the Leased Premises if (i) the proposed transferee’s anticipated use of the Leased Premises involves the generation, storage, use, treatment, or disposal of
Hazardous Material (excluding standard office and janitorial supplies; in limited 

  
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quantities as hereinabove provided); (ii) the proposed transferee has been required by any prior landlord, lender or governmental authority to take remedial action in connection with Hazardous
Material contaminating a property if the contamination resulted from such transferee’s actions or use of the property in question; or (iii) the proposed transferee is subject to an enforcement order issued by any governmental authority in
connection with the generation, storage, use, treatment or disposal of a Hazardous Material. 
 6.3 Right of Entry. In addition to
the provisions of Section 5.11 above, Landlord, its employees, agents and consultants, shall have the right to enter the Leased Premises at any time, in case of an emergency, and otherwise during reasonable hours and upon reasonable notice to
Tenant, in order to conduct periodic environmental inspections and tests to determine whether any Hazardous Materials are present. The costs and expenses of such inspections shall be paid by Landlord unless a default or breach of this Lease,
violation of Laws or contamination caused or permitted by Tenant and/or any of Tenant’s Representatives is found to exist or Landlord has reason to believe such a default exists. In such event, Tenant shall reimburse Landlord upon demand, as
Additional Rent, for the costs and expenses of such inspections. 
 6.4 Notice to Landlord. Tenant shall immediately notify Landlord
in writing of: (i) any enforcement, clean-up, removal or other governmental or regulatory action instituted or threatened regarding the Leased Premises or the Project pursuant to any Laws; (ii) any
claim made or threatened by any person against Tenant or the Leased Premises relating to damage, contribution, cost recovery, compensation, loss or injury resulting from or claimed to result from any Hazardous Material; and (iii) any reports
made to or received from any governmental agency arising out of or in connection with any Hazardous Material in or removed from the Leased Premises or the Project, including any complaints, notices, warnings or asserted violations in connection
therewith. Tenant shall also supply to Landlord as promptly as possible, and in any event within three (3) business days after Tenant first receives or sends the same, copies of all claims, reports, complaints, notices, warnings, asserted
violations or other communications relating in any way to the Leased Premises or Tenant’s use thereof. 
 6.5 Disclosure as to
Hazardous Materials. Landlord hereby discloses to Tenant that previous occupants or others possessed and used or may have possessed and used office supplies, cleaning products, construction and decorating materials and other substances in or
about the Leased Premises or portions thereof and which may contain or may have contained Hazardous Materials. In addition: (i) portions of the Project (including, without limitation, the equipment rooms and emergency generator areas, if
applicable) contain Hazardous Materials of the kind ordinarily employed in such areas; and (ii) automobiles and other vehicles operated or parked in the parking and loading dock areas emit substances which may contain Hazardous Materials. As
part of Tenant’s obligations under this Lease, Tenant agrees to comply with the California “Connelly Act” and other applicable laws. 

Article 7. 
 Insurance,
Indemnity, Condemnation, Damage and Default 
 7.1 Landlord’s Insurance. Landlord shall secure and maintain policies of
insurance for the Project covering loss of or damage to the Project, including the Tenant Improvements, if any, but excluding all subsequent alterations, additions and improvements to the Leased Premises, with loss payable to Landlord and to the
holders of any deeds of trust, mortgages or ground leases on the Project. Landlord shall not be obligated to obtain insurance for Tenant’s trade fixtures, equipment, furnishings, machinery or other property. Such policies shall provide
protection against fire and extended coverage perils and such additional perils as Landlord deems suitable, and with such deductible(s) as Landlord shall deem reasonably appropriate. Landlord shall further secure and maintain commercial general
liability insurance with respect to the Project in such amount as Landlord shall determine, such insurance to be in addition to, and not in lieu of, the liability insurance required to be maintained by Tenant. Landlord may elect to self-insure for
the coverages required under this Section 7.1. If the annual cost to Landlord for any such insurance exceeds the standard rates because of the nature of Tenant’s operations, Tenant shall, upon receipt of appropriate invoices, reimburse
Landlord for such increases in cost, 

  
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which amounts shall be deemed Additional Rent hereunder. Tenant shall not be named as an additional insured on any policy of insurance maintained by Landlord. 

7.2 Tenant’s Liability Insurance. Tenant (with respect to both the Leased Premises and the Project) shall secure and maintain, at
its own expense, at all times during the Term (including any early access period), a policy or policies of commercial general liability insurance with the premiums thereon fully paid in advance, protecting Tenant and naming Landlord, the holders of
any deeds of trust, mortgages or ground leases on the Project, and Landlord’s representatives (which term, whenever used in this Article 7, shall be deemed to include Landlord’s partners, members, asset managers, property managers,
trustees, ancillary trustees, officers, directors, shareholders, beneficiaries, agents, employees and independent contractors) as additional insureds by endorsement(s) acceptable to Landlord, in the form specified under Section 7.3(c) below,
providing coverage for claims for bodily injury, personal injury, advertising injury and property damage (including attorneys’ fees) based upon, involving or arising out of Tenant’s operations, assumed liabilities or Tenant’s use,
occupancy or maintenance of the Leased Premises and the Common Areas of the Project. Such insurance shall provide for a minimum amount of Two Million Dollars ($2,000,000.00) for property damage or injury, bodily injury, or death of one or more than
one person in any one accident or occurrence, with an annual aggregate limit of at least Three Million Dollars ($3,000,000.00). The coverage required to be carried shall include fire legal liability, blanket contractual liability, personal injury
liability (libel, slander, false arrest and wrongful eviction), property damage, medical payments, products liability and completed operations coverage (as well as owned, non-owned and hired automobile
liability if an exposure exists) and the policy shall contain an exception to any pollution exclusion which insures damage or injury arising out of heat, smoke or fumes from a hostile fire. Such insurance shall be written on an occurrence basis and
contain a separation of insureds provision or cross-liability endorsement acceptable to Landlord. Tenant shall provide Landlord with a certificate evidencing such insurance coverage. The certificate shall indicate that the insurance provided
specifically recognizes the liability assumed by Tenant under this Lease and that Tenant’s insurance is primary to and not contributory (and Tenant shall provide Landlord with evidence of a primary and
non-contributory endorsement) with any other insurance maintained by Landlord, whose insurance shall be considered excess insurance only. Not more frequently than every two (2) years, if, in the opinion
of any mortgagee of Landlord or of the insurance broker retained by Landlord, the amount of liability insurance coverage at that time is not adequate, then Tenant shall increase its liability insurance coverage as required by either any mortgagee of
Landlord or Landlord’s insurance broker. Whenever, in Landlord’s reasonable judgment, good business practice or change in conditions indicate a need for additional or different types of insurance (but in no event greater than the coverage
being required of comparable tenants by comparable landlords of Comparable Buildings [as defined in Section 8.1]), Tenant shall, within fifteen (15) days of receipt of Landlord’s request therefor, obtain the insurance at its own
expense. 
 7.3 Tenant’s Additional Insurance Requirements. 

(a) Tenant shall secure and maintain, at Tenant’s expense, at all times during the Term (including any early access period), a commercial
property policy, covering risks of direct physical loss (known as Special Form coverage) including a replacement cost provision, on all of Tenant’s fixtures, furnishings, equipment, machinery, merchandise and personal property in the Leased
Premises and on any alterations, additions or improvements made by or for Tenant upon the Leased Premises, all for the full replacement cost thereof without deduction for depreciation of the covered items and in amounts that meet any co-insurance clauses of the policies of insurance. Such insurance shall insure against those risks customarily covered in an “all risk” policy of insurance covering physical loss or damage. Tenant shall
use the proceeds from such insurance for the replacement of fixtures, furnishings, equipment and personal property and for the restoration of any alterations, additions or improvements to the Leased Premises. In addition, Tenant shall secure and
maintain, at all times during the Term, loss of income, business interruption and extra expense insurance in such amounts as will reimburse Tenant for direct or indirect loss of earnings and incurred costs for a minimum period of twelve
(12) months attributable to all perils commonly insured against by prudent tenants or attributable to prevention of access to the Leased Premises or to the Building as a result of such perils; such insurance shall be maintained with
Tenant’s property insurance carrier. Further, Tenant shall secure and maintain at all times during the Term 

  
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workers’ compensation insurance in such amounts as are required by law, employer’s liability insurance in the amount of One Million Dollars ($1,000,000.00) per occurrence, and all such
other insurance as may be required by applicable law. In the event Tenant makes any alterations, additions or improvements to the Leased Premises, prior to commencing any work in the Leased Premises, Tenant shall secure “builder’s all
risk” insurance which shall be maintained throughout the course of construction, such policy being an all risk builder’s risk completed value form, in an amount approved by Landlord, but not less than the total contract price for the
construction of such alterations, additions or improvements and covering the construction of such alterations, additions or improvements, and such other insurance as Landlord may reasonably require, it being understood and agreed that all of such
alterations, additions or improvements shall be insured by Tenant pursuant to this Section 7.3 immediately upon completion thereof. Tenant shall provide Landlord with certificates of all such insurance. The property insurance certificate shall
confirm that the waiver of subrogation required to be obtained pursuant to Section 7.5 is permitted by the insurer. Tenant shall, at least thirty (30) days prior to the expiration of any policy of insurance required to be maintained by
Tenant under this Lease, furnish Landlord with an “insurance binder” or other satisfactory evidence of renewal thereof. 
 (b) All
policies required to be carried by Tenant under this Lease shall be issued by and binding upon a reputable insurance company of good financial standing licensed to do business in the State of California with a rating of at least A-IX or such other rating as may be required by a lender having a lien on the Project, as set forth in the most current issue of “Best’s Insurance Reports.” Tenant shall not do or permit anything to
be done that would invalidate the insurance policies referred to in this Article 7. All policies required to be carried by Tenant under this Article 7 shall contain a waiver of subrogation endorsement, in favor of Landlord and its affiliated
entities, the property manager for the Building, and the asset manager for the Building, and shall contain an endorsement or endorsements providing that (i) Landlord and its affiliated entities, the property manager for the Building, the asset
manager for the Building, and any lender with a deed of trust encumbering the Project or any part thereof, of whom Landlord has notified Tenant, are included as additional insureds, (ii) the insurer agrees not to cancel or alter the policy
without at least thirty (30) days’ prior written notice to Landlord and all named and additional insureds, and (iii) all such insurance maintained by Tenant is primary, with any other insurance available to Landlord or any other named
or additional insured being excess and non-contributing. 
 (c) Tenant shall provide evidence of
each of the policies of insurance which Tenant is required to obtain and maintain pursuant to this Lease on or before the Term Commencement Date (or any early access period, if applicable) and at least thirty (30) days prior to the expiration
of any policy, which evidence shall be binding upon the insurance carrier, shall be accompanied by a copy of the ISO Additional Insured Endorsement CG 1185 (or equivalent form(s) acceptable to Landlord, and affording additional insureds coverage for
liability arising out of both ongoing and completed operations) and, as applicable, and, as to property insurance, shall be in the form of an “ACORD 28 (10/2003)” evidence of insurance or other form reasonably acceptable to Landlord. In
the event that Tenant fails to provide evidence of insurance required to be provided by Tenant under this Lease, prior to commencement of the Term, and thereafter during the Term, within ten (10) days following Landlord’s written request
therefor, and thirty (30) days prior to the expiration date of any such coverage, Landlord shall be authorized (but not required) to procure such coverage in the amounts stated with all costs thereof (plus a fifteen percent (15%) administrative
fee) to be chargeable to Tenant and payable upon written invoice therefor, which amounts shall be deemed Additional Rent hereunder. 
 (d)
The minimum limits of insurance required by this Lease, or as carried by Tenant, shall not limit the liability of Tenant nor relieve Tenant of any obligation hereunder. 

7.4 Indemnity and Exoneration. 

(a) To the extent not prohibited by law, Landlord and Landlord’s representatives, partners, shareholders, members, agents, employees,
directors, officers, property managers, asset managers, trustees, successors and assigns (“Landlord’s Representatives”) shall not be liable for any loss, injury or damage to person 

  
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or property of Tenant, Tenant’s agents, employees, contractors, subcontractors, invitees or any other person, whether caused by theft, fire, act of God, acts of the public enemy, riot,
strike, insurrection, war, court order, requisition or order of governmental body or authority or which may arise through repair, alteration or maintenance of any part of the Project or failure to make any such repair or from any other cause
whatsoever, except as expressly otherwise provided in Sections 7.6 and 7.7. Landlord and Landlord’s Representatives shall not be liable for any loss, injury or damage arising from any act or omission of any other tenant or occupant of the
Project, nor shall Landlord or Landlord’s Representatives be liable under any circumstances for damage or inconvenience to Tenant’s business or for any loss of income or profit therefrom. 

(b) Tenant shall indemnify, protect, defend and hold the Project, Landlord and Landlord’s Representatives, harmless of and from any and
all claims, liability, costs, penalties, fines, damages, injury, judgments, forfeiture, losses (including without limitation diminution in the value of the Leased Premises) or expenses (including without limitation attorneys’ fees, consultant
fees, testing and investigation fees, expert fees and court costs) arising out of or in any way related to or resulting directly or indirectly from (i) the use or occupancy of the Leased Premises, (ii) the activities of Tenant or
Tenant’s Representatives in or about the Leased Premises or the Project, (iii) any failure to comply with any applicable law, and (iv) any default or breach by Tenant in the performance of any obligation of Tenant under this Lease;
provided, however, that the foregoing indemnity shall not be applicable to claims arising by reason of the active gross negligence or willful misconduct of Landlord. 

(c) Tenant shall indemnify, protect, defend and hold the Project, Landlord and Landlord’s Representatives, harmless of and from any and
all claims, liability, costs, penalties, fines, damages, injury, judgments, forfeiture, losses (including without limitation diminution in the value of the Leased Premises) or expenses (including without limitation attorneys’ fees, consultant
fees, testing and investigation fees, expert fees and court costs) arising out of or in any way related to or resulting directly or indirectly from work or labor performed, materials or supplies furnished to or at the request of Tenant or in
connection with obligations incurred by or performance of any work done for the account of Tenant in the Leased Premises or the Project. 

(d) Notwithstanding the foregoing, Tenant shall not have an obligation to indemnify, protect, defend and hold the Project, Landlord and
Landlord’s Representatives, harmless of and from any and all claims, liability, costs, penalties, fines, damages, injury, judgments, forfeiture, losses (including without limitation diminution in the value of the Leased Premises) or expenses
(including without limitation attorneys’ fees, consultant fees, testing and investigation fees, expert fees and court costs) to the extent such claims, liability, costs, penalties, fines, damages, injury, judgments, forfeiture, losses
(including without limitation diminution in the value of the Leased Premises) or expenses (including without limitation attorneys’ fees, consultant fees, testing and investigation fees, expert fees and court costs) is caused by the willful
misconduct or grossly negligent acts or omissions of Landlord. 
 (e) The provisions of this Section 7.4 shall survive the expiration
or sooner termination of this Lease. TENANT ACKNOWLEDGES THAT IT HAS READ AND UNDERSTANDS THE MEANING AND RAMIFICATIONS OF THE PROVISIONS SET FORTH IN THIS SECTION 7.4 AND FURTHER ACKNOWLEDGES THAT SUCH PROVISIONS WERE SPECIFICALLY
NEGOTIATED. 
 7.5 Waiver of Subrogation. Anything in this Lease to the contrary notwithstanding, Landlord and Tenant each waives
all rights of recovery, claim, action or cause of action against the other, its agents (including partners, both general and limited), trustees, officers, shareholders, members, directors, asset managers, property managers, and employees, for any
loss or damage that may occur to the Leased Premises, or any improvements thereto, or the Project or any personal property of such party therein, by reason of any cause required to be insured against under this Lease to the extent of the coverage
required, regardless of cause or origin, including negligence of the other party hereto; and each party covenants that, to the fullest extent permitted by law, no insurer shall hold any right of subrogation against such other party. Tenant shall
advise its insurers of the foregoing and such waiver shall be a part of each policy maintained by Tenant which applies to the Leased Premises, any part of the Project or Tenant’s use and occupancy of any part thereof. 

  
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 7.6 Condemnation. 

(a) If the Leased Premises are taken under the power of eminent domain or sold under the threat of the exercise of such power (all of which
are referred to herein as “condemnation”), this Lease shall terminate as to the part so taken as of the date the condemning authority takes title or possession, whichever first occurs (the “date of taking”). If the Leased
Premises or any portion of the Project is taken by condemnation to such an extent as to render the Leased Premises untenantable as reasonably determined by Landlord, this Lease shall, at the option of either party to be exercised in writing within
thirty (30) days after receipt of written notice of such taking, forthwith cease and terminate as of the date of taking. All proceeds from any condemnation of the Leased Premises without deduction for any estate or interest of Tenant
(including, without limitation, any award attributable to the value of the remaining Term of this Lease) shall belong and be paid to Landlord, subject to the rights of any mortgagee of Landlord’s interest in the Project or the beneficiary of
any deed of trust which constitutes an encumbrance thereon; provided that Tenant shall be entitled to any compensation separately awarded to Tenant for Tenant’s relocation expenses or, loss of Tenant’s trade fixtures. If this Lease
continues in effect after the date of taking pursuant to the provisions of this Section 7.6(a), Landlord shall, to the extent of proceeds received, proceed with reasonable diligence to repair, at its expense, the remaining parts of the Project
and the Leased Premises to substantially their former condition to the extent that the same is feasible (subject to reasonable changes which Landlord shall deem desirable) and so as to constitute a complete and tenantable Project and Leased
Premises. Following a taking, Gross Rent shall thereafter be equitably adjusted according to the remaining Rentable Area of the Leased Premises and the Building. Except as hereinafter provided, in the event of any taking, Landlord shall have the
right to all compensation, damages, income, rent or awards made with respect thereto (collectively an “award”), including any award for the value of the leasehold estate created by this Lease. No award to Landlord shall be apportioned and,
subject to Tenant’s rights hereinafter specified, Tenant hereby assigns to Landlord any right of Tenant in any award made for any taking. So long as such claim will not reduce any award otherwise payable to Landlord under this Section 7.6,
Tenant may seek to recover, at its cost and expense, as a separate claim, any damages or awards payable on a taking of the Leased Premises to compensate for the unamortized cost paid by Tenant for the alterations, additions or improvements, if any,
made by Tenant during the initial improvement of the Leased Premises and for any alterations, or for Tenant’s personal property taken, or for interference with or interruption of Tenant’s business (including goodwill), or for Tenant’s
removal and relocation expenses. 
 (b) In the event of a temporary taking of all or a portion of the Leased Premises, there shall be no
abatement of Rent and Tenant shall remain fully obligated for performance of all of the covenants and obligations on its part to be performed pursuant to the terms of this Lease. Landlord and Tenant hereby waive the provisions of any statutes
(including, without limitation, Section 1265.130 of the California Code of Civil Procedure) or court decisions which provide a party to a lease with a right to abatement of rent or termination of the lease when leased property is condemned or
taken and agree that such event shall be exclusively governed by the terms of this Lease. 
 7.7 Damage or Destruction. In the
event of a fire or other casualty in the Leased Premises, Tenant shall immediately give notice thereof to Landlord. The following provisions shall then apply: 

(a) If the damage is limited solely to the Leased Premises and the Leased Premises can, in Landlord’s reasonable opinion, be made
tenantable with all damage repaired (excluding Tenant’s personal property, trade fixtures, equipment and any tenant improvements or alterations installed by or on behalf of Tenant) within six (6) months from the date of damage, then
Landlord shall, to the extent of available insurance proceeds plus any funds delivered by Tenant to Landlord for purposes of performing such repairs (as hereinafter provided), be obligated to rebuild the same to substantially their former condition
to the extent that the same is feasible (subject to reasonable changes which Landlord shall deem desirable and such changes as may be required by applicable law) and shall proceed with reasonable diligence to do so and this Lease shall remain in
full force and effect. 
 (b) If portions of the Project outside the boundaries of the Leased Premises are damaged or destroyed (whether or
not the Leased Premises are also damaged or destroyed) and the Leased Premises and the Project can, in Landlord’s opinion, both be made tenantable with all damage repaired (excluding Tenant’s personal property, trade fixtures, equipment
and any tenant improvements or alterations installed by or on behalf of 

  
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Tenant) within six (6) months from the date of damage or destruction, and provided that Landlord determines that it is economically feasible, then Landlord shall, to the extent of available
insurance proceeds plus any funds delivered by Tenant to Landlord for purposes of performing such repairs (as hereinafter provided), be obligated to rebuild the same to substantially their former condition to the extent that the same is feasible
(subject to reasonable changes which Landlord shall deem desirable and such changes as may be required by applicable law) and shall proceed with reasonable diligence to do so and this Lease shall remain in full force and effect. 

(c) Notwithstanding anything to the contrary contained in Sections 7.7(a) or 7.7(b) above, Landlord shall not have any obligation whatsoever
to repair, reconstruct or restore the Leased Premises if (i) the cost to repair and restore the Building is twenty-five percent (25%) or more of the replacement cost of the entire Building prior to such damage or destruction, or (ii) when
any damage thereto or to the Building occurs during the last eighteen (18) months of the Term. Under such circumstances, Landlord shall notify Tenant of its decision not to rebuild within ninety (90) days of such damage, whereupon the
Lease shall terminate as of the date of such notice. 
 (d) If neither Section 7.7(a) nor 7.7(b) above applies, Landlord shall so
notify Tenant within ninety (90) days after the date of the damage or destruction and Landlord may terminate this Lease within thirty (30) days after the date of such notice, such termination notice to be immediately effective; provided,
however, that if Landlord elects to reconstruct the Project and the Leased Premises, such election to be made at Landlord’s sole option, in which event (i) Landlord shall notify Tenant of such election within said ninety (90) day
period, and (ii) Landlord shall, to the extent of available insurance proceeds plus any funds delivered by Tenant to Landlord for purposes of performing such repairs (as hereinafter provided), proceed with reasonable diligence to rebuild the
Project and the Leased Premises to substantially their former condition to the extent that the same is feasible (subject to reasonable changes which Landlord shall deem desirable and such changes as may be required by applicable law) but excluding
Tenant’s personal property, trade fixtures, equipment and any tenant improvements or alterations installed by or on behalf of Tenant. 

(e) During any period when Tenant’s use of the Leased Premises is significantly impaired by damage or destruction, Base Rent shall abate
in proportion to the degree to which Tenant’s use of the Leased Premises is impaired and Tenant does not actually use the Leased Premises until such time as the Leased Premises are made tenantable as reasonably determined by Landlord; provided
that no such rental abatement shall be permitted if the casualty is the result of the negligence or willful misconduct of Tenant or Tenant’s Representatives. 

(f) The proceeds from any insurance paid by reason of damage to or destruction of the Project or any part thereof insured by Landlord shall
belong to and be paid to Landlord, subject to the rights of any mortgagee of Landlord’s interest in the Project or the beneficiary of any deed of trust which constitutes an encumbrance thereon. Tenant shall be responsible at its sole cost and
expense for the repair, restoration and replacement of (i) its fixtures, furnishings, equipment, machinery, merchandise and personal property in the Leased Premises, and (ii) its alteration, additions and improvements. In the event of any
damage or destruction of all or any part of the Leased Premises, Tenant agrees to immediately deliver to Landlord all property insurance proceeds received by Tenant with respect to any alterations, additions or improvements, but excluding proceeds
for Tenant’s furniture, fixtures, equipment and other personal property, whether or not this Lease is terminated as permitted in this Section 7.7, and Tenant hereby assigns to Landlord all rights to receive such insurance proceeds. If, for
any reason (including Tenant’s failure to obtain insurance for the full replacement cost of any alterations, additions or improvements from any and all casualties), Tenant fails to receive insurance proceeds covering the full replacement cost
of any alterations, additions or improvements which are damaged, Tenant will be deemed to have self-insured the replacement cost of such items, and upon any damage or destruction thereto, Tenant agrees to immediately pay to Landlord the full
replacement cost of such items, less any insurance proceeds actually received by Landlord from Landlord’s or Tenant’s insurance with respect to such items. 

(g) Landlord’s repair and restoration obligations under this Section 7.7 shall not impair or otherwise affect the rights and
obligations of the parties set forth elsewhere in this Lease. Subject to Section 7.7(e), Landlord shall not be liable for any inconvenience or annoyance to Tenant, its employees, agents, contractors,

  
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subcontractors or invitees, or injury to Tenant’s business resulting in any way from such damage or the repair thereof. Landlord and Tenant agree that the terms of this Lease shall govern
the effect of any damage to or destruction of the Leased Premises or the Project with respect to the termination of this Lease and hereby waive the provisions of any present or future statute or law to the extent inconsistent therewith. 

(h) Tenant shall promptly replace or repair, at Tenant’s cost and expense, Tenant’s movable furniture, equipment, trade fixtures and
other personal property in the Leased Premises which Tenant shall be responsible for insuring during the Term of this Lease. 
 (i)
[intentionally deleted]. 
 (j) The respective rights and obligations of Landlord and Tenant in the event of any damage to or destruction of
the Leased Premises, or any other portion of the Building or the Project, are governed exclusively by this Lease. Accordingly, Tenant hereby waives the provisions of any law to the contrary, including California Civil Code Sections 1932(2), 1933(4),
1941 and 1942 and any similar or successor laws and any other laws providing for the termination of a lease upon destruction of the leased property. 

7.8 Default by Tenant. 

(a) Events of Default. The occurrence of any of the following shall constitute an event of default on the part of Tenant: 

(1) Abandonment. Vacating the Leased Premises without the intention to reoccupy same, or abandonment of the Leased Premises for a
continuous period in excess of fifty (50) days; 
 (2) Nonpayment of Rent. Failure to pay any installment of Rent due and
payable hereunder on the date when payment is due; furthermore, if Tenant shall be served with a demand for the payment of past due Rent, any payment(s) tendered thereafter to cure any default by Tenant shall be made only by cashier’s check,
wire-transfer or direct deposit of immediately available funds; 
 (3) Other Obligations. Failure to perform any obligation,
agreement or covenant under this Lease other than those matters specified in subsections 7.8(a)(1), 7.8(a)(2) or 7.8(a)(12), such failure continuing for a period of fifteen (15) days after written notice of such failure (or such longer period
as is reasonably necessary to remedy such default (not to exceed sixty (60) days), provided that Tenant commences the remedy within such fifteen (15)-day period and continuously and diligently pursues
such remedy at all times until such default is cured); 
 (4) General Assignment. Any general arrangement or assignment by Tenant
for the benefit of creditors; 
 (5) Bankruptcy. The filing of any voluntary petition in bankruptcy by Tenant, or the filing of an
involuntary petition against Tenant, which involuntary petition remains undischarged for a period of sixty (60) days. In the event that under applicable law the trustee in bankruptcy or Tenant has the right to affirm this Lease and continue to
perform the obligations of Tenant hereunder, such trustee or Tenant shall, within such time period as may be permitted by the bankruptcy court having jurisdiction, cure all defaults of Tenant hereunder outstanding as of the date of the affirmance of
this Lease and provide to Landlord such adequate assurances as may be necessary to ensure Landlord of the continued performance of Tenant’s obligations under this Lease; 

(6) Receivership. The appointment of a trustee or receiver to take possession of all or substantially all of Tenant’s assets or
the Leased Premises, where possession is not restored to Tenant within ten (10) business days; 
 (7) Attachment. The
attachment, execution or other judicial seizure of all or substantially all of Tenant’s assets or the Leased Premises, if such attachment or other seizure remains undismissed or undischarged for a period of ten (10) business days after the
levy thereof; 

  
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 (8) Insolvency. The admission by Tenant in writing of its inability to pay its debts
as they become due; the filing by Tenant of a petition seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any present or future statute, law or regulation; the filing by Tenant of an
answer admitting or failing timely to contest a material allegation of a petition filed against Tenant in any such proceeding; or, if within sixty (60) days after the commencement of any proceeding against Tenant seeking any reorganization,
arrangement, composition, readjustment, liquidation, dissolution or similar relief under any present or future statute, law or regulation, such proceeding shall not have been dismissed; 

(9) Guarantor. If the performance of Tenant’s obligations under this Lease is guaranteed: (i) the death of a guarantor;
(ii) the termination of a guarantor’s liability with respect to this Lease other than in accordance with the terms of such guaranty; (iii) a guarantor’s becoming insolvent or the subject of a bankruptcy filing; (iv) a
guarantor’s refusal to honor the guaranty; or (v) a guarantor’s breach of its guaranty obligation on an anticipatory breach basis, and Tenant’s failure, within sixty (60) days following written notice by or on behalf of
Landlord to Tenant of any such event, to provide Landlord with written alternative assurance or security, which, when coupled with the then existing resources of Tenant, equals or exceeds the combined financial resources of Tenant and the
guarantor(s) that existed at the time of execution of this Lease; 
 (10) Partner. If Tenant is a partnership or consists of more
than one (1) person or entity, if any partner of the partnership or any person or entity constituting Tenant is involved in any of the events or acts described in subsections 7.8(a)(4) through (8); 

(11) Misrepresentation. The discovery by Landlord that any representation, warranty or financial statement given to Landlord by Tenant
or any guarantor of Tenant’s obligations under this Lease was materially false or misleading; or 
 (12) Estoppel/SNDA. Failure
to deliver the documents required to be delivered by Tenant under Sections 5.12 and/or 5.13 within the applicable time period set forth in such sections. 

(b) Remedies Upon Default: 

(1) Termination. If an event of default occurs, Landlord shall have the right, with or without notice or demand, immediately (after
expiration of any applicable grace period specified herein) to terminate this Lease, and at any time thereafter recover possession of the Leased Premises or any part thereof and expel and remove therefrom Tenant and any other person occupying the
same, by any lawful means, and again repossess and enjoy the Leased Premises without prejudice to any of the remedies that Landlord may have under this Lease, or at law or in equity by reason of Tenant’s default or of such termination. In
addition to the foregoing, if at any time, Tenant is in default of any term, condition or provision of this Lease, to the fullest extent permitted by law, any express or implicit waiver by Landlord of Tenant’s requirement to pay Base Rent shall
be null and void and Tenant shall immediately pay to Landlord all Base Rent so expressly or implicitly waived by Landlord. 
 (2)
Continuation After Default. Even though Tenant has breached this Lease and/or abandoned the Leased Premises, this Lease shall continue in effect for so long as Landlord does not terminate Tenant’s right to possession under subsection
7.8(b)(1) hereof in writing, and Landlord may enforce all of its rights and remedies under this Lease, including (but without limitation) the right to recover Rent as it becomes due, and Landlord, without terminating this Lease, may exercise all of
the rights and remedies of a landlord under Section 1951.4 of the Civil Code of the State of California or any amended or successor code section, provided Tenant has the right to sublet or assign the Lease Premises, subject only to reasonable
limitations. See Sections 5.6 and 6.2 for the limitations on assignment and subletting which limitations Tenant and Landlord agree are reasonable. Acts of maintenance or preservation, efforts to relet the Leased Premises or the appointment of a
receiver upon application of Landlord to protect Landlord’s interest under this Lease shall not constitute an election to terminate Tenant’s right to possession. If Landlord elects to relet the Leased Premises for the account of Tenant,
the rent received by Landlord from such reletting shall be applied as follows: first, to the payment of 

  
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any indebtedness other than Rent due hereunder from Tenant to Landlord; second, to the payment of any costs of such reletting; third, to the payment of the cost of any alterations or repairs to
the Leased Premises; fourth, to the payment of Rent due and unpaid hereunder; and the balance, if any, shall be held by Landlord and applied in payment of future Rent as it becomes due. If that portion of rent received from the reletting which is
applied against the Rent due hereunder is less than the amount of the Rent due, Tenant shall pay the deficiency to Landlord promptly upon demand by Landlord. Such deficiency shall be calculated and paid monthly. Tenant shall also pay to Landlord, as
soon as determined, any costs and expenses incurred by Landlord in connection with such reletting or in making alterations and repairs to the Leased Premises, which are not covered by the rent received from the reletting. 

(c) Damages Upon Termination. Should Landlord terminate this Lease pursuant to the provisions of subsection 7.8(b)(1) hereof, Landlord
shall have all the rights and remedies of a landlord provided by Section 1951.2 of the Civil Code of the State of California. Upon such termination, in addition to any other rights and remedies to which Landlord may be entitled under applicable
law, Landlord shall be entitled to recover from Tenant: (i) the worth at the time of award of the unpaid Rent and other amounts which had been earned at the time of termination; (ii) the worth at the time of award of the amount by which
the unpaid Rent which would have been earned after termination until the time of award exceeds the amount of such Rent loss that Tenant proves could have been reasonably avoided; (iii) the worth at the time of award of the amount by which the
unpaid Rent for the balance of the Term after the time of award exceeds the amount of such Rent loss that Tenant proves could be reasonably avoided; and (iv) any other amount necessary to compensate Landlord for all the detriment proximately
caused by Tenant’s failure to perform its obligations under this Lease or which, in the ordinary course of things, would be likely to result therefrom. The “worth at the time of award” of the amounts referred to in clauses
(i) and (ii) shall be computed with interest at the lesser of eighteen percent (18%) per annum or the maximum rate then allowed by law. The “worth at the time of award” of the amount referred to in clause (iii) shall be computed
by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of the award plus one percent (1%). 

(d) Computation of Rent for Purposes of Default. For purposes of computing unpaid Rent which would have accrued and become payable
under this Lease pursuant to the provisions of Section 7.8(c), unpaid Rent shall consist of the sum of: 
 (1) the total Base Rent for
the balance of the Term, plus 
 (2) a computation of Tenant’s Proportionate Share of Basic Operating Costs and of Tenant’s
Proportionate Share of Property Taxes for the balance of the Term, the assumed amount for the Computation Year of the default and each future Computation Year in the Term to be equal to Tenant’s Proportionate Share of Basic Operating Costs and
Tenant’s Proportionate Share of Property Taxes, respectively, for the Computation Year immediately prior to the year in which default occurs, compounded at a per annum rate equal to the mean average rate of inflation for the preceding five
(5) calendar years as determined by the United States Department of Labor, Bureau of Labor Statistics Consumer Price Index (All Urban Consumers, all items (1982-84=100)) for the Metropolitan Area or
Region in which the Project is located. If such Index is discontinued or revised, the average rate of inflation shall be determined by reference to the index designated as the successor or substitute index by the government of the United States.

 (e) Late Charge. If any payment required to be made by Tenant under this Lease is not received by Landlord on or before the date
the same is due, Tenant shall pay to Landlord an amount equal to ten percent (10%) of the delinquent amount. The parties agree that Landlord would incur costs not contemplated by this Lease by virtue of such delinquencies, including without
limitation administrative, collection, processing and accounting expenses, the amount of which would be extremely difficult to compute, and the amount stated herein represents a reasonable estimate thereof. Acceptance of such late charge by Landlord
shall in no event constitute a waiver of Tenant’s breach or default with respect to such delinquency, or prevent Landlord from exercising any of Landlord’s other rights and remedies. Notwithstanding the foregoing, Landlord will not assess
a late charge 

  
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until Landlord has given written notice of such late payment for the first late payment in any calendar year and after Tenant has not cured such late payment within five (5) business days
from receipt of such notice. After Landlord has given written notice of one (1) late payment in any calendar year, no other notices will be required during the remainder of the applicable calendar year for a late charge to be assessed to
Tenant. 
 (f) Interest on Past-Due Obligations. Except as expressly otherwise provided in
this Lease, any Rent due Landlord hereunder, other than late charges, which is not received by Landlord on the date on which it was due, shall bear interest from the day after it was due at the lesser of fifteen percent (15%) per annum or the
maximum rate then allowed by law, in addition to the late charge provided for in Section 7.8(e). 
 (g) Landlord’s Right to
Perform. Notwithstanding anything to the contrary set forth elsewhere in this Lease, in the event Tenant fails to perform any affirmative duty or obligation of Tenant under this Lease, then Landlord may (but shall not be obligated to) perform
such duty or obligation on Tenant’s behalf without waiving any of Landlord’s rights in connection therewith or releasing Tenant from any of its obligations or such default, including, without limitation, the obtaining of insurance policies
or governmental licenses, permits or approvals. Tenant shall reimburse Landlord upon demand for the costs and expenses of any such performance (including penalties, interest and attorneys’ fees incurred in connection therewith). Such costs and
expenses incurred by Landlord shall be deemed Additional Rent hereunder. 
 (h) Remedies Cumulative. All rights, privileges and
elections or remedies of Landlord are cumulative and not alternative with all other rights and remedies at law or in equity to the fullest extent permitted by law. 

(i) Waiver. Tenant waives any right of redemption or relief from forfeiture under California Code of Civil Procedure Sections 1174 and
1179 and California Civil Code Section 3275, or under any other present or future law in the event Tenant is evicted and Landlord takes possession of the Leased Premises by reason of a default. 

Article 8. 
 Tenant
Options 
 8.1 Option to Renew. 

(a) Landlord hereby grants to Tenant one (1) option (the “Option”) to extend the term of this Lease for an additional period of
three (3) years (the “Option Term”), all on the following terms and conditions: 
 (1) The Option must be exercised, if at
all, by written notice irrevocably exercising the Option (“Option Notice”) delivered by Tenant to Landlord not later than six (6) months and not earlier than twelve (12) months prior to the commencement of the applicable Option
Term. Further, at Landlord’s option, the Option shall not be deemed to be properly exercised if, as of the date of the Option Notice or at or prior to the commencement of the applicable Option Term, (i) Tenant is in default under this
Lease, (ii) Tenant has assigned this Lease or sublet any portion of the Leased Premises (other than to an affiliate or subsidiary of Tenant), (iii) Tenant, or Tenant’s affiliate or subsidiary, is in possession of less than all of the
square footage of the Leased Premises, or (iv) Tenant has been in default beyond all applicable notice and cure periods at any time during the applicable Term. Provided Tenant has properly and timely exercised the Option, the term of this Lease
shall be extended for the period of the applicable Option Term, and all terms, covenants and conditions of this Lease shall remain unmodified and in full force and effect, except that (i) the Tenant Improvements set forth in Exhibit B
shall not apply to the Option Term (Tenant shall accept the Leased Premises in its AS IS condition existing prior to Option Term), and (ii) the Base Rent shall be modified as set forth in subsection 8.1(a)(2) below. 

(2) The Base Rent payable for the initial year of each Option Term shall be the then-current rental rate per rentable square foot (as further
defined below, “FMRR”) being agreed to (with annual market increases) 

  
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in new and renewal leases by the Landlord and other landlords of buildings in the San Bruno, California area which are comparable in quality, location and prestige to the Building
(“Comparable Buildings”) and tenants leasing space in the Building or Comparable Buildings. Thereafter, Base Rent shall increase by three percent (3%), on a compounding basis, on each anniversary of the Term Commencement Date during the
Option Term. As used herein, “FMRR” shall mean the rental rate per rentable square foot for which Landlord and/or other landlords are entering into new leases with new tenants leasing from Landlord and other landlords office space in the
Building and/or Comparable Buildings (“Comparative Transactions”), taking into consideration fair market annual increases, all free rent and other
out-of-pocket concessions generally being granted at such time for comparable space, including the value of existing tenant improvements in the Leased Premises. To the
extent such other Comparable Buildings have historically received lower or higher rents from the rents in the Building, then for the purpose of arriving at the FMRR, such rates when used to establish the FMRR in the Building shall be increased or
decreased as appropriate to reflect such historical differences. Landlord shall provide its determination of the FMRR to Tenant within twenty (20) days after Landlord receives the Option Notice. Tenant shall have ten (10) days
(“Tenant’s Review Period”) after receipt of Landlord’s notice of the FMRR within which to accept such FMRR or to reasonably object thereto in writing. In the event Tenant objects to the FMRR submitted by Landlord, Landlord and
Tenant shall attempt to agree upon such FMRR. If Landlord and Tenant fail to reach agreement on such FMRR within ten (10) days following Tenant’s Review Period (the “Outside Agreement Date”), then each party shall place in a
separate sealed envelope its final proposal as to FMRR and such determination shall be submitted to arbitration in accordance with subparagraph 8.1(b) below. 

(b) Landlord and Tenant shall meet with each other within three (3) business days of the Outside Agreement Date and exchange the sealed
envelopes and then open such envelopes in each other’s presence. If Landlord and Tenant do not mutually agree upon the FMRR within one (1) business day of the exchange and opening of envelopes, then, within ten (10) business days of
the exchange and opening of envelopes, Landlord and Tenant shall agree upon and jointly appoint one arbitrator who shall be, by profession, a real estate appraiser or broker who shall have been active over the ten (10) year period ending on the
date of such appointment in the leasing of comparable commercial properties in the vicinity of the Building. Neither Landlord nor Tenant shall consult with such broker or appraiser as to his or her opinion as to FMRR prior to the appointment. The
determination of the arbitrator shall be limited solely to the issue of whether Landlord’s or Tenant’s submitted FMRR for the Leased Premises is the closer to the actual rental rate per rentable square foot for new leases for Comparative
Transactions. Such arbitrator may hold such hearings and require such briefs as the arbitrator, in his or her sole discretion, determines is necessary. In addition, Landlord or Tenant may submit to the arbitrator with a copy to the other party
within two (2) business days after the appointment of the arbitrator any data and additional information that such party deems relevant to the determination by the arbitrator (“Data”) and the other party may submit a reply in writing
within two (2) business days after receipt of such Data. 
 (1) The arbitrator shall, within thirty (30) days of his or her
appointment, reach a decision as to whether the parties shall use Landlord’s or Tenant’s submitted FMRR, and shall notify Landlord and Tenant of such determination. 

(2) The decision of the arbitrator shall be binding upon Landlord and Tenant. 

(3) If Landlord and Tenant fail to agree upon and appoint such arbitrator, then the appointment of the arbitrator shall be made by the
American Arbitration Association. 
 (4) The cost of arbitration shall be paid by the losing party. 

(5) The arbitration proceeding and all evidence given or discovered pursuant thereto shall be maintained in confidence by all parties. 

(c) Each Option granted to Tenant in this Lease is personal to the original Tenant named in the Basic Lease Information sheet, and cannot be
voluntarily or involuntarily assigned or exercised by any person or entity 

  
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other than said original Tenant while the original Tenant is in full and actual possession of the Leased Premises and without the intention of thereafter assigning or subletting. The Options, if
any, herein granted to Tenant are not assignable, either as a part of an assignment of this Lease or separately or apart therefrom, and no Option may be separated from this Lease in any manner, by reservation or otherwise. 

(d) In the event that Tenant has any multiple Options to extend or renew this Lease, a later option cannot be exercised unless the prior
Options to extend or renew this Lease have been validly exercised. 
 8.2 Right of First Offer. 

1. Tenant shall have a continuous right of first offer to lease (the “Right of First Offer”) any separately-demised contiguous space
on the second (2nd) floor of the Building (the “ROFO Space”). For ROFO Space that is not currently leased to a third party (“Vacant ROFO Space”), promptly following written request (“Tenant Request”) by Tenant (which
may not be given more than twice in any twelve (12) consecutive month period), Landlord will give Tenant written notice of the availability of any Vacant ROFO Space (“Landlord’s Availability Notice”). The term “ROFO
Space,” as used in the portion of this Section that follows this sentence, shall mean and refer to either the ROFO Space or the Vacant ROFO Space, as applicable. Tenant’s Right of First Offer shall be exercised as follows: at any time
after Landlord has determined that the existing tenant in such ROFO Space will not extend or renew the term of its lease for such ROFO Space (but prior to leasing such ROFO Space to a party other than the existing tenant), or within five
(5) business days following delivery of Landlord’s Availability Notice for Vacant ROFO Space, as applicable, Landlord shall deliver written notice to Tenant (the “ROFO Notice”) of the terms under which Landlord is prepared to
lease the ROFO Space to Tenant for the remainder of the Term, which terms shall reflect the Prevailing Market (hereinafter defined) rate for such ROFO Space as reasonably determined by Landlord and taking into account the then remaining length of
the Term. Tenant may lease such ROFO Space in its entirety only, under such terms, by delivering written notice of exercise to Landlord (the “Notice of Exercise”) within five (5) business days after the date of the ROFO Notice, except
that Tenant shall have no such Right of First Offer and Landlord need not provide Tenant with a ROFO Notice, if: 
 a. Tenant is in default
under the Lease beyond any applicable cure periods at the time that Landlord would otherwise deliver the ROFO Notice; or 
 b. Tenant has
sublet the Premises prior to the date Landlord would otherwise deliver the ROFO Notice; or 
 c. Tenant is not occupying any portion of the
Premises on the date Landlord would otherwise deliver the ROFO Notice; or 
 e. Tenant does not intend to use the ROFO Space for
Tenant’s exclusive use during the Term; or 
 f. The existing tenant in the ROFO Space is interested in extending or renewing its lease
for the ROFO Space or entering into a new lease for such ROFO Space. 
 2. Terms for ROFO Space. 

a. The term for the ROFO Space shall commence upon the commencement date stated in the ROFO Notice (which shall provide for a reasonable
period of time for construction of improvements) and thereupon such ROFO Space shall be considered a part of the Premises, provided that all of the terms stated in the ROFO Notice shall govern Tenant’s leasing of the ROFO Space and only to the
extent that they do not conflict with the ROFO Notice, the terms and conditions of this Lease shall apply to the ROFO Space. 
 b. Tenant
shall pay Base Rent and Additional Rent for the ROFO Space in accordance with the terms and conditions of the ROFO Notice, which terms and conditions shall reflect the Prevailing Market rate for the ROFO Space as determined in Landlord’s
reasonable judgment. 

  
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 c. The ROFO Space (including improvements and personalty, if any) shall be accepted by
Tenant in its condition and as-built configuration existing on the earlier of the date Tenant takes possession of the ROFO Space or as of the date the term for such ROFO Space commences, unless the ROFO Notice
specifies any work to be performed by Landlord in the ROFO Space, in which case Landlord shall perform such work in the ROFO Space; provided, however, that Landlord shall deliver same with the structure and systems serving the ROFO Space in good
condition and operating order. If Landlord is delayed delivering possession of the ROFO Space due to the holdover or unlawful possession of such space by any party, Landlord shall use reasonable efforts to obtain possession of the space, and the
commencement of the term for the ROFO Space shall be postponed until the date Landlord delivers possession of the ROFO Space to Tenant free from occupancy by any party. 

3. Lease of ROFO Space to Third Party. If Tenant fails to timely elect to lease the ROFO Space on the terms set forth in the ROFO
Notice as set forth in Paragraph 1 of this Section 8.2, then Landlord shall thereafter be entitled to lease the ROFO Space to a third party or any other person or entity; provided, however, that if Landlord intends to lease the ROFO Space on
terms economically more favorable to the third party than the terms offered to Tenant, then Landlord shall be obligated to reoffer the right to lease the ROFO Space in accordance with the terms and conditions of this Section 8.2 by delivering
to Tenant a new ROFO Notice in accordance with the terms and conditions of Paragraph 1 of this Section 8.2. For purposes of this Paragraph 3, terms shall be considered to be “economically more favorable” if the effective Rent payable
by the third party is greater than five percent (5%) less than the effective Rent payable by Tenant under the ROFO Notice. 
 4. ROFO
Amendment. If Tenant exercises its Right of First Offer, Landlord shall prepare an amendment (the “ROFO Amendment”) adding the ROFO Space to the Premises on the terms set forth in the ROFO Notice and reflecting the changes in the Base
Rent, Rentable Square Footage of the Premises, Tenant’s Percentage and other appropriate terms. A copy of the ROFO Amendment shall be sent to Tenant within a reasonable time after Landlord’s receipt of the Notice of Exercise executed by
Tenant, and Tenant shall execute and return the ROFO Amendment to Landlord as soon as reasonably possible thereafter, but an otherwise valid exercise of the Right of First Offer shall be fully effective whether or not the ROFO Amendment is executed.

 5. Definition of Prevailing Market. For purposes of this Right of First Offer provision, “Prevailing Market” shall mean
the annual rental rate per square foot for space comparable to the ROFO Space in the Building and office buildings comparable to the Building in the San Bruno, California area under leases and renewal and expansion amendments being entered into at
or about the time that Prevailing Market is being determined, giving appropriate consideration to tenant concessions, brokerage commissions, tenant improvement allowances, existing improvements in the space in question, and the method of allocating
operating expenses and taxes. Notwithstanding the foregoing, space leased under any of the following circumstances shall not be considered to be comparable for purposes hereof: (i) the lease term is for less than the lease term of the ROFO
Space, (ii) the space is encumbered by the option rights of another tenant, or (iii) the space has a lack of windows and/or an awkward or unusual shape or configuration. The foregoing is not intended to be an exclusive list of space that
will not be considered to be comparable. 
 6. Subordination. Notwithstanding anything herein to the contrary, Tenant’s Right
of First Offer is subject and subordinate to the expansion rights (whether such rights are designated as a right of first offer, right of first refusal, expansion option or otherwise) of any tenant of the Building existing on the date hereof. 

Article 9. 

Miscellaneous Matters 

9.1 Parking. 
 (a)
Provided Tenant is not in default of any term or provision of this Lease, Landlord agrees to provide Tenant for use by the employees, agents, customers and invitees of Tenant the number of parking spaces

  
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designated on the Basic Lease Information sheet on an unreserved and unassigned basis on those portions of the Project designated by Landlord for parking. Tenant shall not use more parking spaces
than said number of parking spaces. The parking spaces will not be separately identified and Landlord shall have no obligation to monitor the use of the parking area. If a parking density problem occurs during the Term, Landlord may address the
problem, in its reasonable discretion, which solution may include initiating a parking permit system or a reserved parking system and any costs associated therewith (including, without limitation, costs of patrolling the parking lot for compliance
with the parking system) shall constitute Basic Operating Costs. All parking shall be subject to any and all rules and regulations adopted by Landlord in its discretion from time to time. Only automobiles no larger than full size passenger
automobiles or pick-up trucks or standard business use vehicles (which do not require parking spaces larger than full size passenger automobiles) may be parked in the Project parking area. Tenant shall not
permit or allow any vehicles that belong to or are controlled by Tenant or Tenant’s employees, agents, customers or invitees to be loaded, unloaded or parked in areas other than those designated by Landlord for such activities. A failure by
Tenant or any of its employees, agents, customers or invitees to comply with the foregoing provisions shall afford Landlord the right, but not the obligation, without notice, in addition to any other rights and remedies available under this Lease,
to remove and to tow away the vehicles involved and to charge the cost to Tenant, which cost shall be immediately due and payable upon demand by Landlord. If Tenant relinquishes in writing (or by nonpayment, if a parking fee is charged) any of such
parking rights during the Term, Tenant shall no longer have a right to the parking relinquished and may obtain future parking solely on a space-available basis. 

(b) Landlord reserves the right to charge a per-car parking fee during the Term if such parking fees
are mandated or otherwise imposed by applicable law. 
 9.2 Intentionally Omitted 

9.3 No Waiver. No waiver by either party of the default or breach of any term, covenant or condition of this Lease by the other shall
be deemed a waiver of any other term, covenant or condition hereof, or of any subsequent default or breach by the other of the same or of any other term, covenant or condition hereof. Landlord’s consent to, or approval of, any act shall not be
deemed to render unnecessary the obtaining of Landlord’s consent to, or approval of, any subsequent or similar act by Tenant, or be construed as the basis of an estoppel to enforce the provision or provisions of this Lease requiring such
consent. Regardless of Landlord’s knowledge of a default or breach at the time of accepting Rent, the acceptance of Rent by Landlord shall not be a waiver of any preceding default or breach by Tenant of any provision hereof, other than the
failure of Tenant to pay the particular Rent so accepted. Any payment given Landlord by Tenant may be accepted by Landlord on account of monies or damages due Landlord, notwithstanding any qualifying statements or conditions made by Tenant in
connection therewith, which statements and/or conditions shall be of no force or effect whatsoever unless specifically agreed to in writing by Landlord at or before the time of deposit of such payment. 

9.4 Recording. Neither this Lease nor a memorandum thereof shall be recorded without the prior written consent of Landlord, which
consent may be withheld in Landlord’s sole discretion. 
 9.5 Holding Over. If Tenant holds over after expiration or termination
of this Lease without the written consent of Landlord, Tenant shall pay for each month of hold-over tenancy one hundred fifty (150%) times the Gross Rent which Tenant was obligated to pay for the month immediately preceding the end of the Term for
each month or any part thereof of any such hold-over period, together with such other amounts as may become due hereunder. No holding over by Tenant after the Term shall operate to extend the Term. In the event of any unauthorized holding over,
Tenant shall indemnify, defend and hold Landlord harmless from and against all claims, demands, liabilities, losses, costs, expenses (including attorneys’ fees), injury and damages including any lost profits incurred by Landlord as a result of
Tenant’s delay in vacating the Leased Premises. 
 9.6 Transfers by Landlord. The term “Landlord” as used in this
Lease shall mean the owner(s) at the time in question of the fee title to the Leased Premises or, if this is a sublease, of the Tenant’s interest in the master 

  
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lease. If Landlord transfers, in whole or in part, its rights and obligations under this Lease or in the Project, upon its transferee’s assumption of Landlord’s remaining obligations
under this Lease, no further liability or obligations shall thereafter accrue against the transferring or assigning party as Landlord hereunder and such transferring or assigning party shall automatically be freed and relieved from the performance
of any covenants or obligations on part of Landlord contained in this Lease. Subject to the foregoing, the obligations and/or covenants in this Lease to be performed by the Landlord shall be binding only upon the Landlord as defined in this
Section 9.6. 
 9.7 Attorneys’ Fees. In the event either party places the enforcement of this Lease, or any part of it, or
the collection of any Rent due, or to become due, hereunder, or recovery of the possession of the Leased Premises, in the hands of an attorney, or files suit upon the same, the prevailing party shall recover its reasonable attorneys’ fees,
costs and expenses as a cost of suit incurred and not as damages, including those which may be incurred on appeal. Such fees may be awarded in the same suit or recovered in a separate suit, whether or not suit is filed or any suit that may be filed
is pursued to decision or judgment. The term “prevailing party” shall include, without limitation, a party who substantially obtains or defeats the relief sought, as the case may be, whether by compromise, settlement, judgment, or the
abandonment by the other party of its claim or defense. The attorneys’ fee award shall not be computed in accordance with any court fee schedule, but shall be such as to fully reimburse all attorneys’ fees reasonably incurred. In addition
to the foregoing, in the event Tenant requires Landlord’s consent or signature with respect to an agreement or other matter not provided for in this Lease (e.g., an agreement requested by Tenant’s lender), Tenant shall reimburse Landlord
for its reasonable attorneys’ fees or other consultant fees incurred in connection with the review and/or negotiation of such agreement or matter. 

9.8 Termination; Merger. No act or conduct of Landlord, including, without limitation, the acceptance of keys to the Leased Premises,
shall constitute an acceptance of the surrender of the Leased Premises by Tenant before the scheduled Term Expiration Date. Only a written notice from Landlord to Tenant shall constitute acceptance of the surrender of the Leased Premises and
accomplish a termination of this Lease. Unless specifically stated otherwise in writing by Landlord, the voluntary or other surrender of this Lease by Tenant, the mutual termination or cancellation hereof, or a termination hereof by Landlord for
default by Tenant, shall automatically terminate any sublease or lesser estate in the Leased Premises; provided, however, Landlord shall, in the event of any such surrender, termination or cancellation, have the option to continue any one or all of
any existing subtenancies. Landlord’s failure within thirty (30) days following any such event to make any written election to the contrary by written notice to the holder of any such lesser interest, shall constitute Landlord’s
election to have such event constitute the termination of such interest. 
 9.9 Amendments; Interpretation. This Lease may not be
altered, changed or amended, except by an instrument in writing signed by the parties in interest at the time of the modification. The captions of this Lease are for convenience only and shall not be used to define or limit any of its provisions.

 9.10 Severability. If any term or provision of this Lease, or the application thereof to any person or circumstances, shall to any
extent be invalid or unenforceable, the remainder of this Lease, or the application of such provision to persons or circumstances other than those as to which it is invalid or unenforceable, shall not be affected thereby, and each provision of this
Lease shall be valid and shall be enforceable to the fullest extent permitted by law. 
 9.11 Notices. All notices, demands, consents
and approvals which are required or permitted by this Lease to be given by either party to the other shall be in writing and shall be deemed to have been fully given by personal delivery or by recognized same day or overnight courier service or when
deposited in the United States mail, certified or registered, with postage prepaid, and addressed to the party to be notified at the address for such party specified on the Basic Lease Information sheet, or to such other place as the party to be
notified may from time to time designate by at least fifteen (15) days’ notice to the notifying party given in accordance with this Section 9.11, except that upon Tenant’s taking possession of the Leased Premises, the Leased
Premises shall constitute Tenant’s address for notice purposes. A copy of all notices given to Landlord under this Lease shall be concurrently transmitted to such party or parties at such addresses as Landlord may from time to time hereafter

  
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designate by notice to Tenant. A copy of all notices given under this Lease shall be concurrently transmitted to Tenant at the Tenant’s Address for Notices as specified on the Basic Lease
Information sheet. 
 Any notice sent by registered or certified mail, return receipt requested, shall be deemed given on the date of
delivery shown on the receipt card, or if no delivery date is shown, the postmark thereon. Notices delivered by recognized overnight courier shall be deemed given on the next business day after the business day upon which delivery of the same was
made to the courier. If notice is received on a Saturday, Sunday or legal holiday, it shall be deemed received on the next business day. Tenant hereby appoints as its agent to receive the service of all default notices and notice of commencement of
unlawful detainer proceedings the person in charge of or apparently in charge of or occupying the Leased Premises at the time, and, if there is no such person, then such service may be made by attaching the same on the main entrance of the Leased
Premises. 
 9.12 Force Majeure. Any prevention, delay or stoppage of work to be performed by Landlord or Tenant which is due to
strikes, labor disputes, inability to obtain labor, materials, equipment or reasonable substitutes therefor, acts of God, governmental restrictions or regulations or controls, judicial orders, enemy or hostile government actions, civil commotion, or
other causes beyond the reasonable control of the party obligated to perform hereunder, shall excuse performance of the work by that party for a period equal to the duration of that prevention, delay or stoppage. Nothing in this Section 9.12
shall excuse or delay Tenant’s obligation to pay Rent or other charges due under this Lease. 
 9.13 Guarantor. Tenant’s
obligations under this Lease shall be guaranteed by the guarantor(s) set forth under the Basic Lease Information sheet pursuant to a form of guaranty provided by Landlord, and each such guarantor shall have the same obligations as Tenant under this
Lease, including, but not limited to, the obligation to provide the estoppel certificate and information called for by Section 5.13. Tenant shall deliver to Landlord, concurrently with the execution and delivery of this Lease, the original
guaranty executed by each guarantor. It shall constitute a default of Tenant under this Lease if any such guarantor fails or refuses, upon reasonable request by Landlord, to give: (a) evidence of the due execution of the guarantee called for by
this Lease, including the authority of the guarantor (and of the party signing on guarantor’s behalf) to obligate such guarantor on said guarantee, and including, in the case of a corporate guarantor, a certified copy of a resolution of the
board of directors of guarantor authorizing the making of such guarantee, together with a certificate of incumbency showing the signatures of the persons authorized to sign on its behalf; (b) current financial statements of guarantor as may,
from time to time, be requested by Landlord; (c) an estoppel certificate; or (d) written confirmation that the guarantee is still in effect. 

9.14 Successors and Assigns. This Lease shall be binding upon and inure to the benefit of Landlord, its successors and assigns (subject
to the provisions hereof, including, without limitation, Section 5.15), and shall be binding upon and inure to the benefit of Tenant, its successors, and to the extent assignment or subletting, which may be approved by Landlord hereunder,
Tenant’s assigns or subtenants. 
 9.15 Further Assurances. Landlord and Tenant each agree to promptly sign all documents
reasonably requested to give effect to the provisions of this Lease. 
 9.16 Incorporation of Prior Agreements. This Lease, including
the exhibits and addenda attached to it, contains all agreements of Landlord and Tenant with respect to any matter referred to herein. No prior agreement or understanding pertaining to such matters shall be effective. 

9.17 Applicable Law. This Lease shall be governed by, construed and enforced in accordance with the laws of the State of California.

 9.18 Time of the Essence. Time is of the essence of each and every covenant of this Lease. Each and every covenant, agreement or
other provision of this Lease on Tenant’s part to be performed shall be deemed and construed as a separate and independent covenant of Tenant, not dependent on any other provision of this Lease or on any other covenant or agreement set forth
herein. 

  
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 9.19 No Joint Venture. This Lease shall not be deemed or construed to create or
establish any relationship of partnership or joint venture or similar relationship or arrangement between Landlord and Tenant hereunder. 

9.20 Authority. If Tenant is a corporation, limited liability company, trust or general or limited partnership, each individual
executing this Lease on behalf of Tenant represents and warrants that he or she is duly authorized to execute and deliver this Lease on Tenant’s behalf and that this Lease is binding upon Tenant in accordance with its terms. If Tenant is a
corporation, limited liability company, trust or partnership, Tenant shall, upon request by Landlord, deliver to Landlord evidence satisfactory to Landlord of such authority. 

9.21 Landlord Renovations. It is specifically understood and agreed that Landlord has no obligation and has made no promises to alter,
remodel, improve, renovate, repair or decorate the Leased Premises, Building, Project, or any part thereof and that no representations or warranties respecting the condition of the Leased Premises, the Building or the Project have been made by
Landlord to Tenant, except as specifically set forth in this Lease. However, Tenant acknowledges that Landlord may from time to time, at Landlord’s sole option, renovate, improve, alter, or modify (collectively, the “Renovations”) the
Building, Leased Premises, and/or Project, common areas, systems and equipment, roof, and structural portions of the same, which Renovations may include, without limitation, (i) modifying the common areas and tenant spaces to comply with
applicable laws, including regulations relating to the physically disabled, seismic conditions, and building safety and security, and (ii) installing new carpeting, lighting, and wall coverings in the Building common areas, and in connection
with such Renovations, Landlord may, among other things, erect scaffolding or other necessary structures in the Building, limit or eliminate access to portions of the Project, including portions of the common areas, or perform work in the Building,
which work may create noise, dust or leave debris in the Building. Tenant hereby agrees that such Renovations and Landlord’s actions in connection with such Renovations shall in no way constitute a constructive eviction of Tenant nor entitle
Tenant to any abatement of Rent. Landlord shall have no responsibility or for any reason be liable to Tenant for any direct or indirect injury to or interference with Tenant’s business arising from the Renovations, nor shall Tenant be entitled
to any compensation or damages from Landlord for loss of the use of the whole or any part of the Leased Premises or of Tenant’s personal property or improvements resulting from the Renovations or Landlord’s actions in connection with such
Renovations, or for any inconvenience or annoyance occasioned by such Renovations or Landlord’s actions in connection with such Renovations. Notwithstanding the foregoing, Landlord shall use commercially reasonable efforts to minimize
interference with Tenant’s business operations in the Leased Premises as a result of Landlord’s performance of the Renovations. 

9.22 Landlord Exculpation. The liability of Landlord to Tenant for any default by Landlord under the terms of this Lease shall be
limited to the actual interest of Landlord and its present or future partners or members in the Building, and Tenant agrees to look solely to Landlord’s interest in the Building for satisfaction of any liability and shall not look to other
assets of Landlord nor seek any recourse against the assets of the individual partners, members, trustees, directors, officers, shareholders, agents or employees of Landlord, including without limitation, any property management or asset management
company of Landlord (collectively, the “Landlord Parties”). It is the parties’ intention that Landlord and the Landlord Parties shall not in any event or circumstance be personally liable, in any manner whatsoever, for any judgment or
deficiency hereunder or with respect to this Lease. Landlord shall not be liable for any loss, injury or damage arising from any act or omission of any other tenant or occupant of the Project, nor shall Landlord be liable under any circumstances for
damage or inconvenience to Tenant’s business or for any loss of income or profit therefrom. The liability of Landlord under this Lease is limited to its actual period of ownership of title to the Building. 

9.23 Offer. Preparation of this Lease by Landlord or Landlord’s agent and submission of same to Tenant shall not be deemed an
offer to lease to Tenant. This Lease is not intended to be binding and shall not be effective until fully executed by both Landlord and Tenant. 

9.24 Security. Landlord shall not be required to provide, operate or maintain alarm or surveillance systems or services for the Leased
Premises or the Common Areas. Tenant shall provide such security services and shall install within the Leased Premises such security equipment, systems and procedures as may reasonably be required for the protection of its employees and invitees,
provided that Tenant shall coordinate such services and 

  
 - 36 - 

 
equipment with Landlord and the Building rules and regulations. The determination of the extent to which such security equipment, systems and procedures are reasonably required shall be made in
the sole judgment, and shall be the sole responsibility, of Tenant. Tenant acknowledges that it has neither received nor relied upon any representation or warranty made by or on behalf of Landlord with respect to the safety or security of the Leased
Premises or the Project or any part thereof, and further acknowledges that Tenant has made its own independent determinations with respect to all such matters. 

9.25 No Easement For Light, Air and View. This Lease conveys to Tenant no rights for any light, air or view. No diminution of light,
air or view, or any impairment of the visibility of the Leased Premises from inside or outside the Building, by any structure or other object that may hereafter be erected (whether or not by Landlord) shall entitle Tenant to any reduction of Rent
under this Lease, constitute an actual or constructive eviction of Tenant, result in any liability of Landlord to Tenant, or in any other way affect this Lease or Tenant’s obligations hereunder. 

9.26 OFAC Compliance. 

(a) Tenant represents and warrants that (i) Tenant and each person or entity owning an interest in Tenant is (A) not currently
identified on the Specially Designated Nationals and Blocked Persons List maintained by the Office of Foreign Assets Control, Department of the Treasury (“OFAC”) and/or on any other similar list maintained by OFAC pursuant to any
authorizing statute, executive order or regulation (collectively, the “List”), and (B) not a person or entity with whom a citizen of the United States is prohibited to engage in transactions by any trade embargo, economic sanction, or
other prohibition of United States law, regulation, or Executive Order of the President of the United States, (ii) none of the funds or other assets of Tenant constitute property of, or are beneficially owned, directly or indirectly, by any
Embargoed Person (as hereinafter defined), (iii) no Embargoed Person has any interest of any nature whatsoever in Tenant (whether directly or indirectly), (iv) none of the funds of Tenant have been derived from any unlawful activity with the result
that the investment in Tenant is prohibited by law or that the Lease is in violation of law, and (v) Tenant has implemented procedures, and will consistently apply those procedures, to ensure the foregoing representations and warranties remain
true and correct at all times. The term “Embargoed Person” means any person, entity or government subject to trade restrictions under U.S. law, including but not limited to, the International Emergency Economic Powers Act, 50 U.S.C.
§1701 et seq., The Trading with the Enemy Act, 50 U.S.C. App. 1 et seq., and any Executive Orders or regulations promulgated thereunder with the result that the investment in Tenant is prohibited by law or Tenant is in violation of law. 

(b) Tenant covenants and agrees (i) to comply with all requirements of law relating to money laundering, anti-terrorism, trade embargos
and economic sanctions, now or hereafter in effect, (ii) to immediately notify Landlord in writing if any of the representations, warranties or covenants set forth in this paragraph or the preceding paragraph are no longer true or have been
breached or if Tenant has a reasonable basis to believe that they may no longer be true or have been breached, (iii) not to use funds from any “Prohibited Person” (as such term is defined in the September 24, 2001 Executive Order
Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or Support Terrorism) to make any payment due to Landlord under the Lease and (iv) at the request of Landlord, to provide such information as may be
requested by Landlord to determine Tenant’s compliance with the terms hereof. 
 (c) Tenant hereby acknowledges and agrees that
Tenant’s inclusion on the List at any time during the Term shall be a material default of the Lease. Notwithstanding anything herein to the contrary, Tenant shall not permit the Leased Premises or any portion thereof to be used or occupied by
any person or entity on the List or by any Embargoed Person (on a permanent, temporary or transient basis), and any such use or occupancy of the Leased Premises by any such person or entity shall be a material default of the Lease. 

(d) Simultaneously with the execution of the Lease, Tenant will provide to Landlord the names of the persons holding an ownership interest in
Tenant, for purposes of compliance with Presidential Executive Order 13224 (issued September 24, 2001). 

  
 - 37 - 

 (e) Landlord represents and warrants as of the date of this Lease that (i) Landlord and
each person or entity owning an interest in Landlord is (A) not currently identified on the Specially Designated Nationals and Blocked Persons List maintained by OFAC and/or on any other similar List, and (B) not a person or entity with
whom a citizen of the United States is prohibited to engage in transactions by any trade embargo, economic sanction, or other prohibition of United States law, regulation, or Executive Order of the President of the United States, (ii) none of
the funds or other assets of Landlord constitute property of, or are beneficially owned, directly or indirectly, by any Embargoed Person, (iii) no Embargoed Person has any interest of any nature whatsoever in Landlord (whether directly or
indirectly), and (iv) none of the funds of Landlord have been derived from any unlawful activity with the result that the investment in Landlord is prohibited by law or that the Lease is in violation of law. 

9.27 Mortgagee Protection. Upon any default on the part of Landlord, Tenant will give written notice by registered or certified mail to
any beneficiary of a deed of trust or mortgagee of a mortgage covering the Leased Premises who has provided Tenant with notice of their interest together with an address for receiving notice, and shall offer such beneficiary or mortgagee a
reasonable opportunity to cure the default, including time to obtain possession of the Leased Premises by power of sale or a judicial foreclosure, if such should prove necessary to effect a cure. If such default cannot be cured within such time
period, then such additional time as may be necessary will be given to such beneficiary or mortgagee to effect such cure so long as such beneficiary or mortgagee has commenced the cure within the original time period and thereafter diligently
pursues such cure to completion, in which event this Lease shall not be terminated while such cure is being diligently pursued. Tenant agrees that each lender to whom this Lease has been assigned by Landlord is an express third party beneficiary
hereof. Tenant shall not make any prepayment of Rent more than one (1) month in advance without the prior written consent of each such lender. Tenant waives the collection of any deposit from each such lender or purchaser at a foreclosure sale
unless said lender or purchaser shall have actually received and not refunded the deposit. Tenant agrees to make all payments under this Lease to the lender with the most senior encumbrance upon receiving a direction, in writing, to pay said amounts
to such lender. Tenant shall comply with such written direction to pay without determining whether an event of default exists under such lender’s loan to Landlord. If, in connection with obtaining financing for the Leased Premises or any other
portion of the Project, Landlord’s lender shall request reasonable modification(s) to this Lease as a condition to such financing, Tenant shall not unreasonably withhold, delay or defer its consent thereto, provided such modifications do not
materially and adversely affect Tenant’s rights hereunder, including Tenant’s use, occupancy or quiet enjoyment of the Leased Premises. 

9.28 Confidentiality. Landlord and Tenant each agree that the terms of this Lease are confidential and constitute proprietary
information of the parties hereto. Disclosure of the terms hereof could adversely affect the ability of Landlord to negotiate with other tenants. Each of the parties hereto agrees that such party, and its respective partners, officers, directors,
employees, agents, real estate brokers and sales persons and attorneys, shall not disclose the terms and conditions of this Lease to any other person without the prior written consent of the other party hereto except pursuant to an order of a court
of competent jurisdiction. Provided, however, that Landlord may disclose the terms hereof to any lender now or hereafter having a lien on Landlord’s interest in the Project or any portion thereof, and either party may disclose the terms hereof
to its respective independent accountants who review its respective financial statements or prepare its respective tax returns, to any prospective transferee of all or any portions of their respective interests hereunder, to any lender or
prospective lender to such party, to any governmental entity, agency or person to whom disclosure is required by applicable law, regulation or duty of diligent inquiry and in connection with any action brought to enforce the terms of this Lease, on
account of the breach or alleged breach hereof or to seek a judicial determination of the rights or obligations of the parties hereunder. Tenant acknowledges that any breach by Tenant of the agreements set forth in this Section shall cause Landlord
irreparable harm. The terms and provisions of this Section shall survive the termination of the Lease (whether by lapse of time or otherwise). 

9.29 Waiver of Jury Trial. To the extent permitted by applicable law, Landlord and Tenant each hereby waive trial by jury in any
action, proceeding or counterclaim brought by either party against the other on any 

  
 - 38 - 

 
matter whatsoever arising out of or in any way connected with this Lease, the relationship of Landlord and Tenant created hereby, Tenant’s use or occupancy of the Leased Premises or any
claim or injury or damage. 
 9.30 Counterparts; Signatures. This Lease may be executed in counterparts. All executed counterparts
shall constitute one agreement, and each counterpart shall be deemed an original. The parties hereby acknowledge and agree that facsimile signatures or signatures transmitted by electronic mail in so-called
“pdf” format shall be legal and binding and shall have the same full force and effect as if an original of this Lease had been delivered. Landlord and Tenant (i) intend to be bound by the signatures on any document sent by facsimile
or electronic mail, (ii) are aware that the other party will rely on such signatures, and (iii) hereby waive any defenses to the enforcement of the terms of this Lease based on the foregoing forms of signature. 

9.31 Accessibility Inspection Disclosure. Pursuant to California Civil Code Section 1938, Landlord hereby advises Tenant that
Landlord has not had the Building or the Leased Premises inspected by a Certified Access Specialist. Tenant acknowledges that it will be wholly responsible for any accommodations or alterations which need to be made to the Leased Premises to
accommodate disabled employees and customers of Tenant, including without limitation, the requirements under the accessibility laws. If a complaint is received by Landlord from either a private or government complainant regarding accessibility
access to the Common Areas, Landlord reserves the right to mediate, contest, comply with or otherwise respond to such complaint as Landlord deems to be reasonably prudent under the circumstances. If Landlord decides to make alterations to the Common
Areas in response to any such complaints or in response to legal requirements Landlord considers to be applicable to the Common Areas, the cost of such alterations shall be included in Basic Operating Costs. In the event Landlord is required to take
action to effectuate compliance with the accessibility laws, Landlord shall have a reasonable period of time to make the improvements and alterations necessary to effectuate such compliance. 

9.32 Energy Usage Reporting. Tenant agrees to reasonably cooperate with Landlord to the extent required by Landlord to comply with
California Public Resources Code Section 25402.10 including, without limitation, providing or consenting to any utility company providing Tenant’s energy consumption information for the Premises to Landlord. 

9.33 Project/Building Remodeling. Landlord shall have the right, at any time and from time to time during the Term, upon not less than
sixty (60) days’ prior written notice to Tenant, to remodel, renovate, reduce or expand, in any manner, the Project, Building or any portion thereof, which work may include the addition or removal of office spaces and/or the addition or
removal of buildings, including the Building, to, or from, the Project. If such remodel, renovation or expansion will materially and adversely affect Tenant’s operations from the Leased Premises, as reasonably determined by Landlord, or
if Landlord shall need to utilize the Leased Premises in connection with the remodel, renovation or expansion, Landlord shall have the following options: (a) cause Tenant to vacate the Leased Premises during the period necessary for Landlord to
effect the remodel, renovation or expansion, or during the period during which Tenant will be unable to reasonably operate from the Leased Premises, during which period Tenant shall have no obligation to pay Rent, or (b) terminate this Lease,
in which event Landlord shall pay to Tenant, within sixty (60) days following the date Tenant vacates the Leased Premises, the unamortized cost of all permanently affixed leasehold improvements (the cost of which shall be evidenced by invoices
and proofs of payment of same) installed in the Leased Premises by Tenant (and paid for by Tenant without any contribution or reimbursement from Landlord), which amortization shall be determined on a straight line basis over the Term, and upon
payment by Landlord, Tenant shall provide Landlord with a bill of sale for said permanently affixed leasehold improvements. 
 9.34
Exhibits; Addenda. The following Exhibits and addenda are attached to, incorporated in and made a part of this Lease: Exhibit A Floor Plan of the Leased Premises; Exhibit A-1
Site Plan of the Project; Exhibit B Initial Improvement of the Leased Premises; Exhibit C Confirmation of Term of Lease; and Exhibit D Building Rules and Regulations. 

  
 - 39 - 

 IN WITNESS WHEREOF, the parties hereto have executed this Lease as of the day and year first
written above. 
  

							
	“LANDLORD”:
	
	 CCF RPP BAYHILL, LLC,
 a Delaware
limited liability company

		
	By:    	 	CCF Rubicon, LLC, a Delaware limited liability company, its Sole Member
			
		 	By:    	 	Rubicon Manager II, LLC, a California limited liability company, its Administrative Member

 
							
				
		 		 	By:	 	 

 
							
		 		 	Printed Name:	 	 

 
							
		 		 	Title:	 	 

  

			
	“TENANT”:
	
	 AQUINOX PHARMACEUTICALS, INC.,
 a
Delaware corporation

		
	By:	 	 
	Printed Name: Kamran Alam
	Title: Vice President Finance & CFO

  
 - 40 - 

 EXHIBIT A 

FLOOR PLAN 
 OF THE

 LEASED PREMISES 

[TO BE ADDED.] 

  
 Exhibit A – Page 1

 EXHIBIT A-1 

SITE PLAN OF THE 

PROJECT 
  

 

  
 Exhibit A-1 – Page 1

 EXHIBIT B 

INITIAL IMPROVEMENT OF THE LEASED PREMISES 

1. Tenant Improvements. Landlord shall deliver the Leased Premises with the following improvements: (i) new Building standard
paint, and (ii) new Building standard carpet (collectively, the “Tenant Improvements”). Except for the foregoing, Tenant accepts the Leased Premises in its AS IS condition existing on the date Tenant executes this Lease and agrees
that Landlord shall have no obligation to perform any other tenant improvements in the Leased Premises and Landlord shall have no obligation to make any tenant improvement allowance available to Tenant. Except for the foregoing, Tenant, at its sole
cost, shall be responsible for all improvement of the Leased Premises. 
 2. Requirements for Work Performed by Tenant. All work
(including, without limitation, all fit-up work, phone and data cabling, installation of telephone conduits, furniture, fixtures, and equipment, and any specialized improvements) performed at the Building or
in the Project by Tenant or Tenant’s contractor or subcontractors prior to the Term Commencement Date (“Tenant’s Work”) shall be subject to the following additional requirements: 

(a) Such work shall not proceed until Landlord has approved in writing (which approval shall not be unreasonably withheld,
conditioned or delayed): (i) the amount and coverage of public liability and property damage insurance, with Landlord named as an additional insured, on such liability coverage carried by Tenant’s contractor and subcontractors,
(ii) complete and detailed plans and specifications for such work, and (iii) a schedule for the work. 
 (b) All
work shall be done in conformity with a valid permit when required, a copy of which shall be furnished to Landlord before such work is commenced. In any case, all such work shall be performed in accordance with all applicable laws. Notwithstanding
any failure by Landlord to object to any such work, Landlord shall have no responsibility for Tenant’s failure to comply with applicable laws. 

(c) Tenant shall be responsible for cleaning the Leased Premises, the Building and the Project and removing all debris in
connection with its work. All completed work shall be subject to inspection and acceptance by Landlord. Tenant shall reimburse Landlord for the actual out-of pocket cost for all extra expenses incurred by
Landlord by reason of faulty work done by Tenant or Tenant’s contractor or subcontractors or by reason of inadequate cleanup by Tenant or Tenant’s contractor or subcontractors. 

(d) Tenant (and Tenant’s contractors, subcontractors, vendors, agents, and employees) performing Tenant’s Work shall
not disrupt or delay the performance of the Tenant Improvements. 
 3. Substantial Completion. “Substantial Completion”
shall mean (and the Tenant Improvements shall be deemed “Substantially Complete”) when performance of the Tenant Improvements by the Landlord’s contractor has occurred in accordance with the provisions of this Exhibit B.
Substantial Completion shall be deemed to have occurred notwithstanding a requirement to complete punchlist items or similar corrective work. 

4. Early Access. Tenant shall be given access to the Leased Premises starting approximately fourteen (14) days prior to the Term
Commencement Date in order for Tenant to install Tenant’s furniture, trade fixtures, equipment, telephone networks and computer networks, and to perform general set-up for Tenant’s business
operations. From the date Tenant is given early access to the Leased Premises as set forth above through the Term Commencement Date, Tenant shall be subject to all of the covenants in the Lease, except that Tenant’s obligation to pay Rent shall
commence in accordance with the Basic Lease Information of the Lease; provided, however (i) Tenant shall exercise such right of access in a manner that comports with the requirements of all relevant insurance policies, (ii) Tenant (and
Tenant’s contractors, subcontractors, vendors, agents, and employees) shall not disrupt or delay the performance of the Tenant Improvements, and (iii) Tenant (and Tenant’s contractors, subcontractors, vendors, agents, and employees)
shall in no event give directions to (or otherwise interfere with) Landlord’s contractor or others performing the Tenant Improvements. Tenant shall indemnify and hold the Landlord free and harmless from any and all liens, costs, and liabilities
or expenses incurred in connection with any early access of Tenant. 

  
 Exhibit B – Page 1

 EXHIBIT C 

CONFIRMATION OF TERM OF LEASE 

This Confirmation of Term of Lease is made by and between
                , a                 , as Landlord, and
                , a                 , as Tenant, who agree as follows: 

1. Landlord and Tenant entered into a Lease dated
                ,                  (the “Lease”), in which Landlord leased to
Tenant and Tenant leased from Landlord the Leased Premises described in the Basic Lease Information sheet of the Lease (the “Leased Premises”). 

2. Pursuant to Section 3.1 of the Lease, Landlord and Tenant hereby confirm as follows: 

a.             ,
             is the Term Commencement Date; 
 b.
            ,              is the Term Expiration Date; and 

c.             ,
             is the commencement date of Rent under the Lease. 
 3. Tenant
hereby confirms that the Lease is in full force and effect and: 
 a. It has accepted possession of the Leased Premises as provided in the
Lease; 
 b. The improvements and space required to be furnished by Landlord under the Lease have been furnished; 

c. Landlord has fulfilled all its duties of an inducement nature; 

d. The Lease has not been modified, altered or amended, except as follows:     
                                         
                                         
                   and 
 e. There are no
setoffs or credits against Rent and no security deposit has been paid except as expressly provided by the Lease. 
 4. The provisions of
this Confirmation of Term of Lease shall inure to the benefit of, or bind, as the case may require, the parties and their respective successors, subject to the restrictions on assignment and subleasing contained in the Lease. 

///signature page follows/// 

  
 Exhibit C – Page 1

 ///continued from previous page/// 

DATED:
                                ,
         
  

			
	“LANDLORD”:
	
	                                   
                                         
      ,
	

 
			
		
	By:	 	 

 
			
	Printed Name:	 	 

 
			
	Title:	 	 

  

			
	“TENANT”:

 
			
	
	                                   
                                         
      ,
	

 
			
		
	By:	 	 

 
			
	Printed Name:	 	 

 
			
	Title:	 	 

  
 Exhibit C – Page 2

 EXHIBIT D 

BUILDING RULES AND REGULATIONS 

1. The sidewalks, doorways, halls, stairways, vestibules and other similar areas shall not be obstructed by Tenant or used by it for any
purpose other than ingress to and egress from the Leased Premises, and for going from one part of the Building to another part. Corridor doors, when not in use, shall be kept closed. Before leaving the Building, Tenant shall ensure that all doors to
the Leased Premises are securely locked and all water faucets and electricity are shut off. 
 2. Plumbing fixtures shall be used only for
their designated purpose, and no foreign substances of any kind shall be deposited therein. Damage to any such fixtures resulting from misuse by Tenant or any employee or invitee of Tenant shall be repaired at the expense of Tenant. 

3. Nails, screws and other attachments to the Building require prior written consent from Landlord, except for the routine hanging of pictures
and diplomas or certifications. Tenant shall not mar or deface the Leased Premises in any way. Tenant shall not place anything on or near the glass of any window, door or wall which may appear unsightly from outside the Leased Premises. 

4. All contractors and technicians rendering any installation service to Tenant shall be subject to Landlord’s approval and supervision
prior to performing services. This applies to all work performed in the Building, including, but not limited to, installation of telephones, telegraph equipment, wiring of any kind, and electrical devices, as well as all installations affecting
floors, walls, woodwork, windows, ceilings and any other physical portion of the Building. 
 5. Movement in or out of the Building of
furniture, office equipment, safes or other bulky material which requires the use of elevators, stairways, or the Building entrance and lobby shall be restricted to hours established by Landlord. All such movement shall be under Landlord’s
supervision, and the use of an elevator for such movements shall be restricted to the Building’s freight elevator. Arrangements shall be made at least 24 hours in advance with Landlord regarding the time, method, and routing of such movements.
Tenant shall pay for the services of the employees of the elevator service company employed when safes and other heavy articles are moved into or from the Building, and Tenant shall assume all risks of damage and pay the cost of repairing or
providing compensation for damage to the Building, to articles moved and injury to persons or property resulting from such moves. Landlord shall not be liable for any acts or damages resulting from any such activity. 

6. Landlord shall have the right to limit the weight and size of, and to designate the location of, all safes and other heavy property brought
into the Building. 
 7. Tenant shall cooperate with Landlord in maintaining the Leased Premises. Tenant shall not employ any person for the
purpose of cleaning the Leased Premises other than the Building’s cleaning and maintenance personnel. Window cleaning shall be done only by Landlord’s agents at such times and during such hours as Landlord shall elect. Janitorial services
will not be furnished on nights when rooms are occupied after 7:00 P.M. 
 8. Deliveries of water, soft drinks, newspapers or other such
items to the Leased Premises shall be restricted to hours established by Landlord and made by use of the freight elevator if Landlord so directs. 

9. Nothing shall be swept or thrown into the corridors, halls, elevator shafts or stairways. No birds, fish or animals of any kind shall be
brought into or kept in, on or about the Leased Premises, with the exception of guide dogs where necessary. 
 10. No cooking shall be done
in the Leased Premises except in connection with a convenience lunch room for the sole use of employees and guests (on a non-commercial basis) in a manner which complies with all of the provisions of the Lease
and which does not produce fumes or odors. 

  
 Exhibit D – Page 1

 11. Food, soft drink or other vending machines shall not be placed within the Leased
Premises without Landlord’s prior written consent. 
 12. Tenant shall not install or operate on the Leased Premises any electric
heater, stove or similar equipment without Landlord’s prior written consent. Tenant shall not use or keep on the Leased Premises any kerosene, gasoline, or inflammable or combustible fluid or material other than limited quantities reasonably
necessary for the operation and maintenance of office equipment utilized at the Leased Premises. No explosives shall be brought onto the Project at any time. 

13. Tenant shall not waste electricity, water or air conditioning and agrees to cooperate fully with Landlord to assure the most effective
operation of the Building’s heating and air conditioning and to comply with any governmental energy-saving rules, laws or regulations of which Tenant has actual notice. Tenant shall not tamper with or attempt to adjust temperature control
thermostats in the Leased Premises; Landlord shall make reasonable adjustments in thermostats upon request from Tenant. 
 14. The Building
air conditioning system is designed for operation only with all outside Building windows closed; accordingly, Tenant shall not open or allow any outside window to be opened at any time. 

15. Tenant, its employees, agents and invitees shall each comply with all requirements necessary for the security of the Leased Premises,
including, if implemented by Landlord, the use of service passes issued by Landlord for after-hours movement of office equipment/packages, and the signing of a security register in the Building lobby after hours. Landlord reserves the right to
refuse entry to the Building after normal business hours to Tenant, its employees, agents or invitees, or any other person without satisfactory identification showing his or her right of access to the Building at such time. Landlord shall not be
liable for any damages resulting from any error in regard to any such identification or from such admission to or exclusion from the Building. Landlord shall not be liable to Tenant for losses due to theft or burglary, or for damage by unauthorized
persons in, on or about the Project, and Tenant assumes full responsibility for protecting the Leased Premises from theft, robbery and pilferage, which includes keeping doors locked and other means of entry closed. 

16. Landlord will furnish Tenant with a reasonable number of initial keys for entrance doors into the Leased Premises, and may charge Tenant
for additional keys thereafter. All such keys shall remain the property of Landlord. No additional locks are allowed on any door of the Leased Premises without Landlord’s prior written consent and Tenant shall not make any duplicate keys. Upon
termination of this Lease, Tenant shall surrender to Landlord all keys to the Leased Premises, and give to Landlord the combination of all locks for safes and vault doors, if any, in the Leased Premises. 

17. Tenant shall not bring into (or permit to be brought into) the Building any bicycle or other type of vehicle. 

18. Landlord retains the right at any time, without liability to Tenant, to change the name and street address of the Building, except as
otherwise expressly provided in the Lease with respect to signage. 
 19. Canvassing, peddling, soliciting, and distribution of handbills in
or at the Project are prohibited and Tenant will cooperate to prevent these activities. 
 20. The Building hours of operation are 8:00 a.m.
to 6:00 p.m., Monday through Friday, and 8:00 a.m. to 1:00 p.m., Saturday excluding holidays. Landlord reserves the right to close and keep locked all entrance and exit doors of the Building on Saturdays (before 8:00 a.m. and after 1:00 p.m.),
Sundays and legal holidays, and between the hours of 6:01 p.m. of any day and 7:59 a.m. of the following day, and during such other hours as Landlord may deem advisable for the protection of the Building and the tenants thereof. 

  
 Exhibit D – Page 2

 21. The requirements of Tenant will be attended to only upon application to the Project
manager. Employees will not perform any work or do anything outside of their regular duties unless under specific instruction from the Project manager. 

22. Tenant shall cooperate fully with the life safety program of the Building as established and administered by Landlord. This shall include
participation by Tenant and its employees in exit drills, fire inspections, life safety orientations and other programs relating to fire and life safety that may be established by Landlord. 

23. No smoking shall be permitted in the Building. 

24. Landlord reserves the right to rescind any of these rules and regulations and to make future rules and regulations required for the
safety, protection and maintenance of the Project, the operation and preservation of the good order thereof, and the protection and comfort of the tenants and their employees and visitors. Such rules and regulations, when made and written notice
thereof given to Tenant, shall be binding as if originally included herein. Landlord shall not be responsible to Tenant for the non-observance or violation of these rules and regulations by any other tenant of
the Building. Landlord reserves the right to exclude or expel from the Project any person who, in Landlord’s judgment, is under the influence of liquor or drugs, or who shall in any manner do any act in violation of any of these rules and
regulations. 

  
 Exhibit D – Page 3

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