Document:

Exhibit

Exhibit 10.41

CHANGE IN CONTROL SEVERANCE AGREEMENT
THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”) dated as of January 24, 2017 (“Effective Date”) is made by and between ClubCorp Holdings, Inc., a Nevada corporation (the “Company”), and Ingrid J. Keiser, an executive employee of the Company (the “Executive”).
BACKGROUND AND PURPOSES
The Company has determined that it is in the best interests of the Company and its stockholders to assure that the Company will have the continued service of the Executive, despite the possibility or occurrence of a Change in Control, and to reward the Executive for his or her contributions in connection with implementing a Change in Control. The Company has determined it to be imperative to encourage the Executive’s full attention and dedication to the Company and to provide the Executive with compensation and benefits arrangements upon a Change in Control. This Agreement is intended to accomplish these objectives.
In consideration of the mutual covenants contained herein, the Company and the Executive agree as follows:
ARTICLE I.
CERTAIN DEFINITIONS
When used in this Agreement, the terms specified below shall have the following meanings:
1.1    “Accrued Obligations” means 
(a)    any unpaid base salary through the Termination Date, paid in accordance with the Company’s normal payroll policies as if the Executive were an employee; 
(b)    any bonus earned but unpaid under the Company’s annual incentive plan with respect to the fiscal year ending immediately preceding the Termination Date, paid when such bonus would have ordinarily been paid in accordance with the Company’s annual incentive plan, and disregarding any requirement of being employed on the date of payment;
(c)    only if during the term of this Agreement, there shall be a Change in Control, the Company terminates the Executive’s employment for any reason other than Cause and other than the Executive’s death or Disability, and the Termination Date is during the Post-Change Period, or if the Executive shall terminate his or her employment for Good Reason during the Post-Change Period, any bonus earned but unpaid under the Company’s annual incentive plan with respect to the fiscal year during which the Termination Date occurred, paid on a prorated basis for the period of employment by multiplying the bonus by a fraction, the numerator of which is the number of days in the fiscal year through the Termination Date, and the denominator of which is 365, payable when such bonus would have ordinarily been paid in accordance with the Company’s annual incentive plan, and disregarding any requirement of being employed on the date of payment;

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(d)    reimbursement for any unreimbursed expenses incurred through the Termination Date paid in accordance with the Company’s normal reimbursement procedures; and 
(e)    any other vested amounts and vested benefits the Executive is entitled to receive under any employee benefit plan of the Company in accordance with the terms of such plans or as required by law, including without limitation earned and accrued vacation pay.
1.2    “Affiliate” means any corporation, trade or business that controls, is controlled by or is under common control with the Company as defined in Section 414(b) or (c) of the Code.
1.3    “Board” means the Company’s board of directors. 
1.4    “Cause” means (a) the Company or one of its Affiliates having “cause” to terminate the Executive’s employment or service, as defined in any employment or consulting agreement between the Executive and the Company or one of its Affiliates in effect on the Termination Date, or (b) in the absence of any such employment or consulting agreement (or the absence of any definition of “cause” contained therein), (i) the Executive’s conviction for, or plea of guilty or nolo contendere to, a felony or a crime involving moral turpitude or other material act or omission involving dishonesty, theft or fraud; (ii) the Executive’s conduct that brings or is reasonably likely to bring the Company or any of its Affiliates into public disgrace or disrepute or that affects the Company’s or any of its Affiliates’ business in any materially adverse way; (iii) the Executive’s failure to perform those duties which have historically been within the scope of Executive’s responsibilities, provided that termination under this Section 1.4(b)(iii) shall not be effective unless the Executive shall have received written notice of the failure or violation from the Board (which notice shall include a description of the reasons and circumstances giving rise to such notice) seven (7) days prior to his or her termination and such failure or violation is not cured (if curable) within seven (7) days following the date upon which the Board provides notice under this Section 1.4(b)(iii), or (iv) the Executive’s gross negligence, willful malfeasance or material act of disloyalty with respect to the Company or its Affiliates. 
For purposes of Section 1.4(b)(iv) no act, or failure to act, on the part of the Executive shall be considered “willful” unless it is done, or omitted to be done, by the Executive in bad faith or without reasonable belief that the Executive’s action or omission was in the best interests of the Company. Any act, or failure to act, based upon (A) express authorization from the Executive’s direct or indirect supervisor or the Board, or (B) the advice of counsel for the Company, shall be conclusively presumed to be done, or omitted to be done, by the Executive in good faith and in the best interests of the Company.
1.5    “Change in Control” means the occurrence, in a single transaction or in a series of related transactions, of any one or more of the following events:
(a)    the sale or disposition, in one or a series of related transactions, of all or substantially all of the assets of the Company to any “person” or “group” (as such terms are used for purposes of Sections 13(d)(3) and 14(d)(2) of the Exchange Act); 

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(b)    any person or group is or becomes the “beneficial owner” (as such term is used for purposes of Rule 13d-3 and Rule 13d-5 under the Exchange Act), directly or indirectly, of more than fifty percent (50%) of the total voting power of the outstanding voting stock of the Company, including by way of merger, consolidation or otherwise; or 
(c)    during any period of twenty-four (24) months, individuals who, at the beginning of such period, constitute the Board (the “Incumbent Directors”) cease for any reason to constitute at least a majority of the Board, provided, that any person becoming a director subsequent to the date hereof, whose election or nomination for election was approved by a vote of at least two-thirds (2/3) of the Incumbent Directors then on the Board (either by a specific vote or by approval of the proxy statement of the Company in which such person is named as a nominee for director, without written objection to such nomination) shall be an Incumbent Director; provided, however, that no individual initially elected or nominated as a director of the Company as a result of an actual or threatened election contest, as such terms are used in Rule 14a-12 of Regulation 14A promulgated under the Exchange Act, with respect to directors or as a result of any other actual or threatened solicitation of proxies or consents by or on behalf of any person other than the Board shall be deemed to be an Incumbent Director. 
In addition, to the extent necessary to comply with Section 409A of the Code, the transaction or event described in subsection (a), (b), or (c) must also constitute a “change in control event,” as defined in Treasury Regulation Section 1.409A-3(i)(5).
1.6    “Code” means the Internal Revenue Code of 1986, as amended, or any successor statute, and the regulations and other formal guidance issued thereunder.
1.7    “Disability” means the Executive has been determined to be disabled in accordance with the Company’s disability insurance program applicable to the Executive (or which would be applicable to the Executive if the Executive had elected coverage thereunder), applying the definition of disability applicable to the Executive under such disability insurance program.
1.8    “Equity Award” means an equity-based award granted to the Executive pursuant to the Amended and Restated ClubCorp Holdings, Inc. 2012 Stock Award Plan (or any other equity incentive plan of the Company) that (a) was granted prior to the date of a Change in Control, and (b) remains outstanding and partially or fully unvested as of the date of a Change in Control. Notwithstanding the foregoing, Performance Restricted Stock Units granted to the Executive pursuant to the Amended and Restated ClubCorp Holdings, Inc. 2012 Stock Award Plan on April 12, 2016, and all equity-based awards granted to the Executive pursuant to any equity incentive plan of the Company after the Effective Date shall not be considered “Equity Awards” for purposes of this Agreement.
1.9    “Exchange Act” means the Securities Exchange Act of 1934, as amended, and any successor thereto. Any reference in this Agreement to any section of (or rule promulgated under) the Exchange Act shall be deemed to include any rules, regulations or other interpretative guidance under such section or rule, and any amendments or successor provisions to such section, rules, regulations or guidance.

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1.10    “Good Reason” means any of the following that occurs during the Post-Change Period without the Executive’s consent:
(a)    a material reduction in the Executive’s base compensation or target bonus opportunity (either upon one reduction or during a series of reductions during the Post-Change Period);
(b)    a change of more than 50 miles in the geographic location at which the Executive is based and principally performs services for the Company;
(c)    the material diminution in the Executive’s authority, duties, or responsibilities (whether alone or in the aggregate considering a series of reductions); or
(d)    any material breach by the Company of this Agreement, including a failure by the Company to cause a successor, including the Surviving Entity, prior to or as of the date it becomes a successor, to assume and agree to perform this Agreement in accordance with the provisions of Section 6.3;
provided, however, the Executive may not terminate his or her employment for Good Reason unless (i) not later than ninety (90) days after the initial occurrence of any act or omission that constitutes Good Reason, the Executive provides the Company with a written notice setting forth in reasonable detail the actions or omissions that constitute Good Reason, (ii) the Company fails to correct or cure the acts or omissions within thirty (30) days after it receives such written notice, and (iii) the Executive terminates his or her employment with the Company not later than fifteen (15) days after the expiration of such cure period.
1.11    “Notice of Termination” means a written notice which sets forth (a) the specific termination provision in this Agreement relied upon by the party giving such notice, and (b) in reasonable detail the facts and circumstances claimed to provide a basis for termination of the Executive’s employment under such termination provision.
1.12    “Post-Change Period” means the period commencing on the date a Change in Control first occurs after the Effective Date and ending on the second anniversary of such date.
1.13    “Surviving Entity” means the Company or its successor following a Change in Control. For the avoidance of doubt, if the Change in Control is a transaction described in Section 1.5(a), the Surviving Entity will be the purchaser or an Affiliate of the purchaser that otherwise serves as successor to the Company’s business.
1.14    “Termination Date” means the date of receipt of the Notice of Termination; provided, however, that (a) if the Company terminates the Executive’s employment due to Disability, the Termination Date shall be the 30th day after the Executive’s receipt of the Notice of Termination unless the Executive shall have resumed the full-time performance of duties before such Termination Date, (b) if the Executive’s employment is terminated by reason of death, then the Termination Date shall be the date of death of the Executive; and (c) for purposes of determining the date of any payment of severance benefits under Article II that are triggered by a termination of employment, 

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the Termination Date shall be the date of the Executive’s “separation from service” within the meaning of Section 409A(a)(2)(A)(i) of the Code and regulations thereunder. For the avoidance of doubt, no Termination Date will occur for purposes of this Agreement if (i) the applicable Change in Control is as described in Section 1.5(a), (ii) as of the date of the Change in Control, the Executive is offered a position with the Surviving Entity that would not be described in Section 1.10(c), (iii) as of the date of the Change in Control, the Executive is offered compensation by the Surviving Entity that would not be a material reduction in the Executive’s compensation, and (iv) the Surviving Entity assumes the Company’s obligations under this Agreement.
ARTICLE II.
OBLIGATIONS OF THE COMPANY
2.1    Termination for any Reason Prior to a Change in Control. If the Executive’s employment is terminated for any reason prior to a Change in Control, this Agreement shall terminate without further obligation under this Agreement by the Company to the Executive, other than the obligation to pay the Accrued Obligations to the Executive; provided, however, that notwithstanding anything to the contrary in this Section 2.1, the parties agree that if the circumstance described in Section 2.1 arises, nothing in this Section 2.1 shall prevent the parties from separately agreeing to additional compensation to be paid independently of the obligation under this Section 2.1. 
2.2    Termination of Employment Due to Death or Disability. If the Executive’s employment is terminated at any time due to his or her death or Disability, this Agreement shall terminate without further obligation by the Company to the Executive, other than the obligation to pay the Accrued Obligations to the Executive or his or her legal representatives. 
2.3    Termination by the Company for Cause or by the Executive Without Good Reason. If at any time the Company terminates the Executive’s employment for Cause or if the Executive terminates his or her employment without Good Reason at any time, this Agreement shall terminate without further obligation by the Company to the Executive, other than the obligation to pay the Accrued Obligations to the Executive.
2.4    Termination by the Executive for Good Reason or by the Company Other Than for Cause During the Post-Change Period. If, during the term of this Agreement, there shall be a Change in Control, the Company terminates the Executive’s employment for any reason other than for Cause and other than due to the Executive’s death or Disability, and the Termination Date is during the Post-Change Period, or if the Executive shall terminate his or her employment for Good Reason during the Post-Change Period, the Company shall pay the Accrued Obligations to the Executive. In addition, subject to the Executive’s timely execution of a release of claims in substantially the form attached hereto as Exhibit A (the “Release”), which Release shall have become fully effective and irrevocable within sixty (60) days following the Termination Date in accordance with Article III, the Executive shall receive the payments and benefits described in this Section 2.4.
(a)    Severance. The Executive will receive a lump sum severance payment within five (5) business days after the Release becomes fully effective and irrevocable in accordance with Article III, but subject to Section 6.6(g), in an amount equal to two times the sum of the Executive’s base annual salary (at the rate in effect at the time of the Executive’s 

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termination) and target annual bonus (disregarding any decrease in base compensation or target bonus opportunity that constituted Good Reason).
(b)    Benefit Continuation. If the Executive timely elects continued group health coverage pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”), the Company will pay the Executive’s COBRA premiums for medical and dental coverage under the Company’s plans, as and when due to the carrier, to continue the Executive’s coverage (including coverage for eligible dependents, if applicable) (“COBRA Premiums”) for a twenty-four (24) month period following the Termination Date (the “COBRA Premium Period”); provided, however, that the Company will cease to pay the COBRA Premiums if the Executive becomes eligible for group health insurance coverage through a new employer.  Notwithstanding the foregoing, (i) if the Company determines, in its sole discretion, that it cannot pay the COBRA Premiums without potentially incurring financial costs or penalties under applicable law (including, without limitation, Section 2716 of the Public Health Service Act), or (ii) if the Executive ceases to be eligible for COBRA continuation coverage, the Company instead shall pay to the Executive, on the first day of each month of the remainder of the COBRA Premium Period, a fully taxable cash payment for the remainder of the COBRA Premium period equal to the amount of the monthly COBRA Premium the Executive would be required to pay to continue his or her group health coverage (including coverage for any covered dependents) (such amount, the “Special Cash Payment”), for a number of months equal to the greater of (A) the duration of the period in which the Executive and his eligible dependents are enrolled in such COBRA coverage and (B) the number of months remaining in the COBRA Premium Period, but not following the date the Executive becomes eligible for group insurance through a new employer.  In the event the Executive becomes covered under another employer’s group health plan, the Executive must immediately notify the Company of such event, and the Company shall cease payment of the COBRA Premiums or Special Cash Payments (whichever is applicable).
(c)    Country Club Membership.  The Executive will be granted (i) a dues-free, recallable “Life Membership” (“Membership”) at a country club of his or her choice  (“Club”), and (ii) “Signature Gold Golf” and “Community” privileges, as the same may change from time-to-time or be discontinued; provided, however, Executive shall be responsible for any and all charges associated with the use of such privileges, other than the payment of dues for the same.  Notwithstanding the foregoing, the Executive shall also have “O.N.E.” privileges and discounts for a period of sixty (60) calendar months beginning on the Termination Date.  The initiation deposit/fee for the Club shall be waived.  There shall be no other discounts associated with the Membership.  The Executive may not transfer, sell, pledge or encumber the Membership; provided, however, the Executive may transfer the Membership from the Club to another club owned and operated by the Company or its Affiliate once during the Executive’s lifetime, after which the successor club shall become the Club under this Section 2.4(c).  The Membership shall transfer to the Executive’s surviving spouse in the event of the Executive’s death and shall expire upon the death of the Executive’s surviving spouse.  The Executive must abide by all of the rules, regulations and policies and otherwise pay all charges in a timely manner with the understanding that 

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the Company or Club may terminate the Executive’s Membership without the need for any grievance committee hearing in the event the Executive does not abide by such requirements. The Membership may be recalled if the Company or its Affiliate no longer owns the Club, at which time the new owner of the Company or the Club (as applicable) shall be entitled to charge the Executive the then current dues (subject to any periodic increases charged to other members of the Club); provided, however, the Executive may transfer the Membership from the Club to another club owned and operated by the Company or its Affiliate if the Executive has not already done so under this Section 2.4(c) once during the Executive’s lifetime, after which the successor club shall become the Club under this Section 2.4(c).
(d)    Outplacement Services.  The Company will pay up to $10,000.00 of outplacement     services, to be coordinated through the Company’s human resource department.  No cash     will be offered or paid in lieu of such outplacement services.
2.5    Termination After the Post-Change Period. If the Termination Date occurs after the Post-Change Period, this Agreement shall terminate without further obligation by the Company to the Executive, other than the obligation to pay the Accrued Obligations to the Executive.
2.6    Treatment of Equity-Based Awards in a Change in Control. In the event a Change in Control occurs during the term, then (a) any Equity Awards that would otherwise have become vested based on the Executive’s continued employment and the passage of time shall become fully vested as of the date of the Change in Control; and (b) any Equity Awards that would otherwise have become vested based on the Executive’s continued employment and the achievement of specified performance criteria shall become vested assuming achievement of target performance, and such vesting shall occur as of the date of the Change in Control. 

ARTICLE III.
WAIVER AND RELEASE OF CLAIMS AGAINST THE COMPANY
 
    As a condition of receiving the compensation and benefits described in Section 2.4, the Executive must execute the Release (with such changes as the Company may request to support the legality and effectiveness of the Release) as provided in this Article III. The Company shall provide the Executive with a copy of the Release within seven (7) days following the Termination Date, and the Executive will be required to provide the Company with an executed copy of the Release, for which the revocation period shall have lapsed, within sixty (60) days following the Termination Date. For avoidance of doubt, the compensation and benefits described in Section 2.4 will not be paid or provided to the Executive if (a) the Executive fails to execute the Release within the time frame specified in such Release (but in no event later than more than fifty-three (53) days after the Termination Date), (b) the Executive revokes the Release within the applicable revocation period set forth in such Release, or (c) the revocation period expires more than sixty (60) days following the Executive’s Termination Date. 

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ARTICLE IV.
PARACHUTE TAX CAP
Anything in this Agreement to the contrary notwithstanding, in the event it shall be determined that any payment, award, benefit or distribution (including any acceleration) by the Company or any entity which effectuates a transaction described in Section 280G(b)(2)(A)(i) of the Code to or for the benefit of the Executive (whether pursuant to the terms of this Agreement or otherwise, but determined before application of any reductions required pursuant to this Article IV) (a “Payment”) would be subject to the excise tax imposed by Section 4999 of the Code or any interest or penalties are incurred with respect to such excise tax by the Executive (such excise tax, together with any such interest and penalties, are hereinafter collectively referred to as the “Excise Tax”), the Company will automatically reduce such Payments to the extent, but only to the extent, necessary so that no portion of the remaining Payments will be subject to the Excise Tax, unless the amount of such Payments that the Executive would retain after payment of the Excise Tax and all applicable Federal, state and local income taxes without such reduction would exceed the amount of such Payments that the Executive would retain after payment of all applicable Federal, state and local taxes after applying such reduction. To the extent applicable, such reduction shall first be applied to any severance payments payable to the Executive under this Agreement, then to the accelerated vesting on any Equity Awards or other equity-based awards, starting with reversing accelerated vesting of restricted stock, restricted stock units and performance restricted stock units and other similar equity awards on a pro rata basis.
All determinations required to be made under this Article IV, including the assumptions to be utilized in arriving at such determination, shall be made by the Company’s independent auditors or such other certified public accounting firm of national standing as may be designated by the Company (the “Accounting Firm”) which shall provide detailed supporting calculations both to the Company and the Executive within fifteen (15) business days of the receipt of notice from the Executive that there has been a Payment, or such earlier time as is requested by either the Company or the Executive. All fees and expenses of the Accounting Firm shall be borne solely by the Company. If the Accounting Firm determines that no Excise Tax is payable by the Executive, it shall furnish the Executive with a written opinion to such effect. Any determination by the Accounting Firm shall be binding upon the Company and the Executive.
ARTICLE V.
NO MITIGATION
The Executive shall not have any duty to mitigate the amounts payable by the Company under this Agreement by seeking new employment following termination. Except as specifically otherwise provided in this Agreement, all amounts payable pursuant to this Agreement shall be paid without reduction regardless of any amounts of salary, compensation or other amounts which may be paid or payable to the Executive as the result of the Executive’s employment by another employer.

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ARTICLE VI.
MISCELLANEOUS
6.1    Term. The term of this Agreement (the “Initial Term”) shall commence on the Effective Date and, unless earlier terminated pursuant to Article II, terminate on December 31, 2018; provided that if, as of December 31, 2018, a Change in Control is “imminent,” the Initial Term shall be extended to March 31, 2019, (the “Extended Term”), and if, a Change in Control is also “imminent” on March 31, 2019, the Extended Term shall be extended one more time, to June 30, 2019). This Agreement shall expire at the end of the Initial Term, the Extended Term, or June 30, 2019 (as the case may be) unless there has been a Change in Control, in which case this Agreement shall remain in effect in accordance with its terms. For purposes of this Section 6.1, a Change in Control is “imminent” if the Board has approved a specific agreement the consummation of which would constitute a Change in Control. A Change in Control shall cease to be “imminent” if without a Change in Control having occurred, either of the following has occurred: (a) such specific agreement has been terminated or cancelled, or has expired, or (b) the Board has determined that such agreement is no longer in effect.
6.2    No Assignability. This Agreement is personal to the Executive and without the prior written consent of the Company shall not be assignable by the Executive otherwise than by will or the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Executive’s legal representatives.
6.3    Successors. This Agreement shall inure to the benefit of and be binding upon the Company, and its successors and assigns. The Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business or assets of the Company to assume expressly and agree to perform this Agreement. 
6.4    Payments to Beneficiary. If the Executive dies before receiving amounts to which the Executive has become entitled under this Agreement, such amounts shall be paid as soon as administratively practicable in a lump sum to the beneficiary designated in writing by the Executive, or if none is so designated, to the Executive’s estate.
6.5    Non-alienation of Benefits. Benefits payable under this Agreement shall not be subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, charge, garnishment, execution or levy of any kind, either voluntary or involuntary, before actually being received by the Executive, and any such attempt to dispose of any right to benefits payable under this Agreement shall be void.
6.6    Section 409A of the Code. 
(a)    Notwithstanding any provision of this Agreement, this Agreement shall be construed and interpreted to comply with Section 409A of the Code, and if necessary, any provision shall be held null and void to the extent such provision (or part thereof) fails to comply with Section 409A of the Code or regulations thereunder. Severance benefits payable under this Agreement are intended to be exempt from the requirements of Section 409A of the Code as a short-term deferral and/or as exempt separation pay to the maximum extent 

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permitted under Section 409A of the Code, and this Agreement shall be construed consistent with that intent.
(b)    For purposes of the limitations on nonqualified deferred compensation under Section 409A of the Code, each payment of nonqualified deferred compensation under the Agreement shall be treated as a separate payment of such compensation for purposes of applying the Section 409A of the Code deferral election rules and the exclusion from Section 409A of the Code for certain short-term deferral amounts. 
(c)    If, as of the date of the Executive’s “separation from service” (as determined under Section 409A of the Code), the Executive is a “specified employee” within the meaning of Treasury Regulation Section 1.409A-1(i), then to the extent that any amount or benefit that would be paid or provided to the Executive under this Agreement prior to the first day of the seventh month following the Executive’s “separation from service” constitutes an amount of deferred compensation for purposes of Section 409A of the Code and is considered for purposes of Section 409A of the Code to be owed to the Executive by virtue of his or her separation from service, then such amount or benefit will not be paid or provided during the six-month period following the date of the Executive’s separation from service and instead shall be paid or provided on the first business day that is coincident with or following the first day of the seventh month following the Executive’s separation from service, except to the extent that, in the Company’s reasonable judgment, payment during such six-month period would not cause the Executive to incur additional tax, interest or penalties under Section 409A of the Code. 
(d)    Any reimbursements or in-kind benefits provided under the Agreement shall be made or provided in accordance with the requirements of Section 409A of the Code, including, where applicable, the requirement that (i) any reimbursement is for expenses incurred during the period of time specified in the Agreement, (ii) the amount of expenses eligible for reimbursement, or in-kind benefits provided, during a calendar year may not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year, (iii) the reimbursement of an eligible expense will be made no later than the last day of the calendar year following the year in which the expense is incurred, and (iv) the right to reimbursement or in-kind benefits is not subject to liquidation or exchange for another benefit.
(e)    In no event whatsoever shall the Company be liable for any additional tax, interest or penalties that may be imposed on the Executive by Section 409A of the Code or any damages for failing to comply with Section 409A of the Code.
(f)    To the extent that this Agreement provides for indemnification by the Company and/or the payment or advancement of costs and expenses associated with indemnification, any such amounts shall be paid or advanced to the Executive only in a manner and to the extent that such amounts are exempt from the application of Code Section 409A in accordance with the provisions of Treasury Regulation Section 1.409A-1(b)(10) or that are provided in accordance with Section 409A of the Code.

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(g)    If payment of any amount of “deferred compensation” (as defined under Section 409A of the Code, after giving effect to the exemptions thereunder) is contingent upon the Executive’s taking any employment related action, including but not limited to, execution of a release and waiver of claims, and if the period within which the Executive must take the employment related action would begin in one calendar year and expire in the following calendar year, then, notwithstanding the provisions of the Agreement specifying the date of payment, any payments contingent on such employment-related action shall be made in such following calendar year (regardless of the year of execution of such release) if payment in such following calendar year is required in order to avoid taxes, interest and penalties under Section 409A of the Code.
6.7    Severability. If any one or more articles, sections or other portions of this Agreement are declared by any court or governmental authority to be unlawful or invalid, such unlawfulness or invalidity shall not serve to invalidate any article, section or other portion not so declared to be unlawful or invalid. Any article, section or other portion so declared to be unlawful or invalid shall be construed so as to effectuate the terms of such article, section or other portion to the fullest extent possible while remaining lawful and valid.
6.8    No Duplication of Benefits; Clawback. Payments and benefits payable or otherwise due hereunder that are not subject to Section 409A of the Code shall be offset (at the time otherwise payable) by any similar payments under any other plan, policy or individual agreement providing for such similar payments. Payments and benefits provided hereunder shall be in lieu of any termination or severance payments or benefits for which the Executive may be eligible under any of the plans or policies of the Company or an Affiliate or any agreement between an individual and the Company or an Affiliate, or under the Worker Adjustment Retraining Notification Act of 1988 or any similar statute or regulation. The Executive hereby acknowledges and agrees that the Executive may become subject to the clawback provisions of the Dodd Frank Wall Street Reform and Consumer Protection Act, and that pursuant thereto he or she may under certain circumstances be obligated to pay back to the Company certain amounts previously received by him or her. 
6.9    Amendments. This Agreement shall not be altered, amended or modified except by written instrument executed by the Company and the Executive.
6.10    Notices. All notices and other communications under this Agreement shall be in writing and delivered by hand or by first class registered or certified mail, return receipt requested, postage prepaid, addressed, if to the Executive, at the most recent residence address on file with the Company, and if to the Company, then to:
ClubCorp Holdings, Inc.
3030 LBJ Freeway, Suite 600
Dallas Texas, 75234
Attn: General Counsel

or to such other address as either party shall have furnished to the other in writing. Notice and communications shall be effective when actually received by the addressee.

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6.11    Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together constitute one and the same instrument.
6.12    Governing Law. This Agreement has been executed and delivered in the State of Texas, and its validity, interpretation, performance, and enforcement will be governed by the laws of such state, without giving effect to any choice of law or conflict of law provision or rule (whether of the State of Texas or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Texas. Executive and the Company hereby irrevocably submit to the exclusive jurisdiction of any state or federal court located in Dallas County, Texas over any suit, action or proceeding, whether at law or in equity, arising out of or relating to or concerning this Agreement. To the fullest extent permitted by the law, the Executive and the Company waive any rights to demand a jury trial with respect to any dispute arising out of or relating to or concerning this Agreement. In any action for breach of this Agreement or to enforce this Agreement, the prevailing party shall be entitled to recover its reasonable costs of suit, including reasonable attorneys’ fees.
6.13    Captions. The captions of this Agreement are not a part of the provisions hereof and shall have no force or effect.
6.14    Tax Withholding. Notwithstanding anything in this Agreement to the contrary, the Company may withhold from any amounts payable under this Agreement any federal, state or local taxes that are required to be withheld pursuant to any applicable law or regulation.
6.15    No Waiver. The Executive’s or the Company’s failure to insist upon strict compliance with any provision of this Agreement shall not be deemed a waiver of such provision or any other provision of this Agreement. A waiver of any provision of this Agreement shall not be deemed a waiver of any other provision, and any waiver of any default in any such provision shall not be deemed a waiver of any later default thereof or of any other provision.
6.16    Entire Agreement. This Agreement contains the entire understanding of the Company and the Executive with respect to change in control or severance payments and benefits, and supersedes any prior change in control severance agreement and any change in control severance benefit provisions in any prior employment agreement between the Company and the Executive. It has no effect on restrictive covenants applicable to the Executive. To the extent permitted by the applicable governing plan, this Agreement shall be deemed to be an amendment to the agreements governing any Equity Award.
[SIGNATURE PAGE FOLLOWS]

12

Exhibit 10.41

IN WITNESS WHEREOF, the Executive and the Company have executed this Agreement as of the date first above written. 

CLUBCORP HOLDINGS, INC.

By:    /s/ Douglas H. Brooks      
Name:    Douglas H. Brooks     
Title:    Director                         

EXECUTIVE

     /s/ Ingrid J. Keiser                 
Ingrid J. Keiser

[Signature Page to Change in Control Severance Agreement]

Exhibit 10.41

EXHIBIT A
FORM OF RELEASE
AGREEMENT AND GENERAL RELEASE AND WAIVER, dated as of [INSERT DATE] (the “Agreement”), by and between Ingrid J. Keiser, (the “Executive”) and ClubCorp Holdings, Inc., a Nevada corporation (the “Company”).
The Executive and the Company mutually desire to enter into this Agreement concerning the Executive’s separation from and termination of employment with the Company. Where appropriate in the context of this Agreement, the term “Company” includes, the Company’s past, present and future subsidiaries, affiliates, divisions, parents, and any of its or their respective predecessors, successors, assigns, assets, employee benefit plans or funds and its or their past, present and future directors, officers, fiduciaries, trustees, administrators, representatives, shareholders, members, general partners, limited partners, agents, employees, and independent contractors, whether acting on behalf of the Company or in their individual capacities.
1.    The Executive acknowledges and agrees that (a) the Executive’s last date of employment with the Company was [INSERT DATE] (the “Separation Date”), (b) the Separation Date was the termination date of the Executive’s employment with the Company for purposes of participation in and coverage under all benefit plans and programs sponsored by or through the Company, (c) the Company shall have no obligation to rehire the Executive, or to consider the Executive for employment, after the Termination Date, and (d) the Executive will not seek employment with the Company at any time in the future.
2.    The Executive acknowledges that he or she has carefully read this Agreement in its entirety, the terms and implications of this Agreement have been fully explained to the Executive, the Executive has had answered to his or her satisfaction any questions the Executive has asked with regard to the meaning and significance of any provision of this Agreement, and that the Executive fully understands the significance of all of the terms and conditions of this Agreement.
3.    The Executive acknowledges that he or she has been given the opportunity to consider this Agreement for [twenty-one (21)][forty-five (45)] days and decide for himself or herself whether or not the Executive wants to sign it.
4.    The Executive acknowledges that he or she has been advised to consult with an attorney of the Executive’s choice concerning this Agreement and the implications to the Executive of signing or not signing it.
5.    The Executive acknowledges that he or she has carefully considered other alternatives to executing this Agreement, and has decided that the Executive wants to sign it.
6.    The Executive may accept this Agreement by signing it and returning it to ClubCorp Holdings, Inc., [INSERT THEN CURRENT ADDRESS], attention:[INSERT APPLICABLE NAME], within [twenty-one (21)][forty-five (45)] days of the Executive’s receipt of this Agreement. The Executive is entitled to change his or her mind and revoke this Agreement by 

1

Exhibit 10.41

indicating the Executive’s desire to do so in writing delivered to [INSERT APPLICABLE NAME] at the address above (or by fax at [INSERT NUMBER]) by no later than 5:00 p.m. Central Time on the seventh (7th) calendar day after the date the Executive signs this Agreement (the “Revocation Period”). This Agreement will not become effective and the Executive will not receive any of the benefits set out below until the eighth (8th) calendar day after the Executive signs it (the “Release Effective Date”). If the last day of the Revocation Period falls on a Saturday, Sunday or holiday, the last day of the Revocation Period will be deemed to be the next business day.
7.    In consideration for the Executive’s signing and not revoking this Agreement, the Company has agreed to pay the Executive the consideration set forth in Section 2.4 of that certain Change in Control Severance Agreement, dated as of [INSERT DATE], 2017, by and between the Company and the Executive (the “CIC Severance Agreement”). The Company and the Executive expressly agree that the Company is not otherwise obligated to pay such consideration; that the Executive is not otherwise entitled to receive any of such consideration; and that, if the Executive does not sign this Agreement or revokes this Agreement during the Revocation Period, the Company will have no further obligations to the Executive under the CIC Severance Agreement or this Agreement, including, without limitation, the obligation to make the payments set forth in this Section 7. The Executive acknowledges the adequacy and the sufficiency of the consideration described in this Section 7.
8.    By entering into this Agreement, the parties do not admit, and specifically deny, any liability or wrongdoing, or violation of any law, statute, order, regulation or policy. It is expressly understood and agreed that this Agreement is being entered into solely for the purpose of avoiding the costs of litigation and amicably resolving all matters in controversy, disputes, causes of action, claims, contentions and differences of any kind whatsoever which have been or could have been alleged by the respective parties against each other.
9.    The Executive acknowledges that he or she knows that there are various state and federal laws which prohibit employment discrimination on the basis of age, sex, race, color, creed, national origin, marital status, religion, disability or veteran status and that these laws are enforced through the Federal Equal Employment Opportunity Commission, and various state, city, county and local human rights agencies. In addition, the Executive acknowledges that he or she knows that there are other federal, state, and local laws of other types or description regarding employment, including, but not limited to, claims arising from or derivative of the Executive’s employment with the Company.
10.    The consideration set forth in Section 7 of this Agreement is in full and complete satisfaction of all claims whatsoever the Executive may have against the Company arising from the Executive’s employment and/or separation from employment with the Company, or from any other matter whatsoever up to and including the date of this Agreement, whether known or unknown and whether foreseen or unforeseen. Without limiting the generality of the foregoing, the Executive hereby fully and completely releases, waives, and forever discharges any and all claims of any kind against the Company arising from the Executive’s employment and/or separation from employment with the Company, or from any other matter whatsoever up to and including the date of this Agreement, whether known or unknown and whether foreseen or unforeseen, that the Executive 

2

Exhibit 10.41

may have or had, including, but not limited to, fraud, claims arising under Age Discrimination in Employment Act of 1967, as amended, 29 U.S.C. §621 et. seq., Title VII of the Civil Rights Act of 1964, as amended, 42 U.S.C. §2000 et. seq., the Civil Rights Act of 1866, 42 U.S.C. §1981, 42 U.S.C. §1983, The Equal Pay Act, as amended, 29 U.S.C. §206(d)(1), the Fair Labor Standards Act of 1938, as amended, 29 U.S.C. §201 et. seq., the Family and Medical Leave Act of 1993, 29 U.S.C. §2601 et. seq., the Employee Retirement Income Security Act of 1974, as amended, 29 U.S.C. §1001 et. seq., the Americans with Disabilities Act, 42 U.S.C. §12101 et. seq., the Civil Rights Act of 1991, 105 Stat. 1071, Executive Order 11246, the Sarbanes-Oxley Act of 2002, the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Worker Adjustment Retraining Notification Act of 1988, the Family Medical Leave Act, the Fair Credit Reporting Act all as amended, and any other federal, state and local fair employment practice law, workers’ compensation law, unemployment insurance law, and any other employee relations duties and obligations, whether imposed by express or implied contract, tort (including, but not limited to, all intentional torts, negligence, negligent hiring, training, supervision or retention), common law, equity, public policy statute, executive order or law, any claims for physical or emotional distress or injuries, or any other duty or obligation of any kind or description, as well as any rights or claims the Executive or his or her attorney or other representative have or may have for costs, expenses, attorneys’ fees or otherwise. The foregoing shall not apply to the Executive’s right to receive the payments and benefits provided under Section 2.4 of the CIC Severance Agreement, nor to the Executive’s rights, if any, to indemnification as an officer or employee of the Company or a fiduciary of any Company benefit plan. In addition, nothing in this Agreement shall be construed to prevent the Executive from communicating with, filing a charge with, or participating in an investigation conducted by, any governmental agency, including, without limitation, the Equal Employment Opportunity Commission, the Securities and Exchange Commission or applicable state/city fair employment practices agency, to the extent required or permitted by law, provided that in each case, such communications with a government agency are consistent with all applicable laws, or to prevent any challenge by the Executive to the waiver and release of any claims as set forth herein; provided, that, except as required by law, the Executive hereby agrees not to accept any award or settlement from any source or proceeding (including, but not limited to, any proceeding brought by any other person or by any government agency) with respect to any claim or right waived in this Agreement. This Agreement does not limit the Executive’s right to receive an award for information provided to any governmental agency.
11.    The Executive represents and warrants that the Executive has returned all property belonging to the Company and has deleted all Company information from the Executive’s home or personal computer, any smartphone, personal e-mail accounts and electronic filings.
12.    The parties hereto agree and acknowledge that Section 2.4 and Articles III, IV, V and VI of the CIC Severance Agreement shall remain in full force and effect and shall remain fully enforceable following the Release Effective Date.
13.    The payments set forth in Section 7 of this Agreement are subject to taxes and all applicable withholding requirements.

3

Exhibit 10.41

14.    Except as specifically set forth in this Agreement, this Agreement constitutes the entire agreement between the Executive and the Company with respect to the subject matter hereof and may only be modified, altered or changed in writing, signed by both the Company and the Executive.
15.    This Agreement has been executed freely, knowingly and voluntarily by the Executive without duress, coercion, or undue influence, with a full understanding of its terms. The Executive acknowledges and agrees that, prior to executing this Agreement, the Executive has been provided with sufficient time in which to consider this Agreement and that, in deciding to execute this Agreement, the Executive has relied on his or her own judgment and further acknowledges that the Executive is fully aware of its contents and of its legal effects. The parties to this Agreement agree that no fact, evidence or transaction currently unknown to them but which may hereafter become known to them shall affect in any way or manner the final or unconditional nature of this Agreement.
16.    This Agreement shall be interpreted and construed and enforced in accordance with the laws of the State of Texas, excluding choice of law principles thereof.
17.    This Agreement shall be binding upon, and shall inure to the benefit of, the parties hereto and their respective successors, assigns and legal representatives. 
18.    The waiver by either party of a breach of any provision of this Agreement shall not operate or be construed as a waiver of any subsequent breach. If any provision of this Agreement, or part thereof, shall be held to be invalid or unenforceable, such invalidity or unenforceability shall attach only to such provision and not in any way affect or render invalid or unenforceable any other provisions of this Agreement, and this Agreement shall be carried out as if such invalid or unenforceable provision, or part thereof, had been reformed, and any court of competent jurisdiction is authorized to so reform such invalid or unenforceable provision, so that it would be valid, legal and enforceable to the fullest extent permitted by applicable law. 
19.    BY SIGNING THIS AGREEMENT, THE EXECUTIVE STATES THAT: THE EXECUTIVE HAS READ IT; THE EXECUTIVE UNDERSTANDS IT AND KNOWS THAT HE OR SHE IS GIVING UP IMPORTANT RIGHTS; THE EXECUTIVE AGREES WITH EVERYTHING IN IT; THE EXECUTIVE WAS TOLD, IN WRITING, TO CONSULT AN ATTORNEY BEFORE SIGNING IT; THE EXECUTIVE HAS HAD [21] [45] DAYS TO REVIEW THE AGREEMENT AND THINK ABOUT WHETHER OR NOT THE EXECUTIVE WANTED TO SIGN IT; THE EXECUTIVE HAS SIGNED IT KNOWINGLY AND VOLUNTARILY; AND, ONCE EXECUTED, THE EXECUTIVE HAS SEVEN DAYS TO REVOKE THIS AGREEMENT AS PROVIDED IN SECTION 6 HEREOF.
[SIGNATURE PAGE FOLLOWS]

4

Exhibit 10.41

WHEREFORE, the Executive and the Company now voluntarily and knowingly execute this Agreement as of the day and year first written above.

CLUBCORP HOLDINGS, INC.

By:_______________________
Name:_____________________
Title:______________________

EXECUTIVE

__________________________
Ingrid J. Keiser

    

[Signature Page to Agreement and General Release and Waiver]EX-4.6

 Exhibit 4.6 

FORM OF 
 AMENDED AND
RESTATED SECURITYHOLDERS AGREEMENT 
 This AMENDED AND RESTATED SECURITYHOLDERS AGREEMENT (this
“Agreement”), dated as of [•], 2017, by and among Presidio, Inc. (f/k/a Aegis Holdings, Inc.), a Delaware corporation (the “Company”), and each holder of Securities of the Company that is a party
hereto or who may become party to this Agreement from time to time in accordance with the provisions herein (collectively, the “Holders”), amends and restates in its entirety the Securityholders Agreement, dated as of
February 2, 2015 (the “Original Agreement”), by and among the Company and the Holders. 
 WHEREAS,
contemporaneously with the execution of this Agreement, the Company is consummating an Initial Public Offering in the form of a Qualified Public Offering of its Common Shares (as such terms are defined in the Original Agreement); and 

WHEREAS, pursuant to Section 12(f) of the Original Agreement, the Apollo Holder (as defined below) is amending and restating the
Original Agreement for the administrative purpose of removing references to certain terms of the Original Agreement that no longer apply following the consummation by the Company of an Initial Public Offering in the form of a Qualified Public
Offering. 
 NOW, THEREFORE, in consideration of the premises and of the mutual consents and obligations hereinafter set forth, the
parties hereto hereby agree as follows: 
 Section 1.    Definitions. As used in this Agreement: 

“Adoption Agreement” means an adoption agreement in substantially the form of Exhibit A or in such other form that is
reasonably satisfactory to the Company. 
 “Affiliate” means: 

(a)    In the case of a Person that is not an individual, another Person that directly, or indirectly through one or more
intermediaries, controls, or is controlled by, or is under common control with such Person. For the avoidance of doubt, any co-investment vehicle controlled by any member of the Apollo Group or any of its
Affiliates shall be deemed to be an Affiliate of the Apollo Group. 
 (b)    In the case of a Person who is an
individual, (i) such individual’s parents, siblings, spouse and children (including those by adoption) and any other Person who lives in such individual’s household (a “Family Member”); the parents, siblings, spouse,
or children (including those by adoption) of such Family Member; and any trust whose exclusive beneficiaries consist only of Family Members, the parents, siblings, spouse or children (including those by adoption) of Family Members and/or such
individual’s lineal descendants; (ii) the legal representative or guardian of such individual or of any Family Member if such individual or Family Member becomes mentally incompetent; and (iii) any Person controlling, controlled by or
under common control with such individual. 

 As used in this definition, the term “control,” including the correlative terms
“controlling,” “controlled by” and “under common control with,” means possession, directly or indirectly, of the power to direct or cause the direction of management or policies (whether through ownership of securities
or any partnership or other ownership interest, by contract or otherwise) of a Person. The term “Affiliate” shall not include at any time any portfolio companies of Apollo Management VIII, L.P. or its Affiliates. 

“Agreement” has the meaning ascribed to such term in the preamble. 

“Ancillary Agreement” means any subscription, option, award or grant agreement and/or Adoption Agreement between a Holder and
the Company. 
 “Apollo Group” means the Apollo Holder and any Affiliate thereof (excluding, for the avoidance of doubt,
the Company and its Subsidiaries) to which any Securities are issued or Transferred. 
 “Apollo Holder” means AP VIII Aegis
Holdings LP, a Delaware limited partnership. 
 “Board” means the Board of Directors of the Company and any duly authorized
committee thereof. 
 “Business Day” means any day other than a Saturday, Sunday or day on which commercial banks in New
York City are authorized by law to close. 
 “Common Shares” means the shares of common stock of the Company, par value
$0.01 per share. As used in this Agreement, Common Shares shall include any shares of restricted stock or any restricted stock units granted to any Management Holders that may be settled in Common Shares. 

“Company” has the meaning ascribed to such term in the preamble. 

“Confidential Information” means information that is not generally known to the public (except for information known to the
public because of the Management Holder’s violation of Section 8(a) of this Agreement or in breach of any other obligation owed by the Management Holder to the Company or any of its Affiliates) and that is used,
developed or obtained by the Company or any of its Affiliates in connection with its business, including information, observations and data obtained by the Management Holder while employed by the Company, its Affiliates or any predecessors thereof
(including those obtained prior to the date of this Agreement) concerning, with respect to the Company, its Affiliates or any predecessors thereof, its business or affairs, products or services, fees, costs and pricing structures, designs, analyses,
drawings, photographs and reports, computer software, including operating systems, applications and program listings, flow charts, manuals and documentation, databases, accounting and business methods, inventions, devices, new developments, methods
and processes, whether patentable or unpatentable and whether or not reduced to practice, customers and clients and customer or client lists, other copyrightable works, all production methods, processes, technology and trade secrets, and all similar
and related information in whatever form. “Confidential Information” will not include any information that has been published in a form generally available to the public prior to the date the Management Holder proposes to disclose or

  
 -2- 

 
use such information; provided that information will not be deemed to have been published or otherwise disclosed merely because individual portions of the information have been separately
published, but only if all material features comprising such information have been published in combination. 
 “Exchange
Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder. 

“Governmental Entity” means any government or governmental or regulatory body thereof, or political subdivision thereof,
whether federal, state, local or foreign, or any agency, department, commission, board, bureau, instrumentality or authority thereof, or any court, arbitrator or mediator (public or private). 

“Holders” has the meaning ascribed to such term in the preamble. 

“Initial Notice” has the meaning ascribed to such term in Section 4(a). 

“Law” means any law, rule, regulations, judgment, injunction, order, decree or other restriction of any Governmental Entity.

 “LTIP” means the 2015 Long-Term Incentive Plan of the Company, as it may be amended or supplemented from time to
time. 
 “Management Holder” means Holders who are employed by, or serve as consultants to or directors of, the Company or
any of its Affiliates. 
 “Marketed Underwritten Shelf Take-Down” has the meaning ascribed to such term in
Section 3(g). 
 “Noncompetition Covenants” has the meaning ascribed to such term in
Section 8. 
 “Non-Marketed Shelf Take-Down” has the
meaning ascribed to such term in Section 3(g). 
 “Options” means options issued to certain
Holders pursuant to the LTIP, or any other options, warrants, rights or other securities convertible or exchangeable into or exercisable for Common Shares. 

“Original Cost” means, with respect to a Common Share, the original price paid by the Holder for such Common Share, subject
to appropriate adjustment for stock splits, stock dividends, extraordinary cash dividends, recapitalizations or other distributions of cash, stock or property, combinations and similar transactions. For the avoidance of doubt, the Original Cost of a
Common Share issued upon the exercise of an Option is the exercise price of such Option. 

  
 -3- 

 “Person” shall be construed broadly and shall include an individual, a
partnership, a limited liability company, a corporation, an association, a joint stock company, a trust, a joint venture, an unincorporated organization, any other entity or a Governmental Entity. 

“Piggyback Registration Right” has the meaning ascribed to such term in Section 4(a). 

“Policies” means the following policies, handbooks and similar materials, in each case, as they may be amended, modified or
supplemented from time to time and as approved by the board of directors (or similar governing body) or committee thereof: (a) the corporate policies of the Company and its Subsidiaries adopted by the Board that will set forth those actions
requiring the approval of the Board and (b) such other policies of the Company and its Subsidiaries that may be adopted from time to time by the Board or any committee thereof. 

“Prospectus” means the prospectus included in any Registration Statement, including any preliminary prospectus, and any such
prospectus as amended or supplemented by any prospectus supplement, including any such prospectus supplement with respect to the terms of the offering of any portion of the Securities covered by a Registration Statement, and by all other amendments
and supplements to a prospectus, including post-effective amendments and freewriting prospectuses and in each case including all material incorporated by reference therein. 

“Registrable Securities” shall mean Common Shares (including any Common Shares issuable or issued upon exercise, exchange or
conversion of any Options) held by the Apollo Group or Management Holders; provided that any Registrable Securities shall cease to be Registrable Securities when (a) a Registration Statement with respect to the sale of such Registrable
Securities has been declared effective under the Securities Act and such Registrable Securities have been disposed of in accordance with the plan of distribution set forth in such Registration Statement, (b) such Registrable Securities are
distributed pursuant to Rule 144 or (c) such Registrable Securities shall have been otherwise transferred and new certificates for them not bearing a legend restricting further transfer under the Securities Act shall have been delivered by the
Company; and provided, further, that any securities that have ceased to be Registrable Securities shall not thereafter become Registrable Securities and any security that is issued or distributed in respect of securities that have
ceased to be Registrable Securities is not a Registrable Security. 
 “Registration Request” has the meaning ascribed to
such term in Section 3(a). 
 “Registration Statement” means a registration statement filed by
the Company with the SEC. 
 “Related Parties” has the meaning ascribed to such term in
Section 10(o). 
 “Rollover Options” has the meaning set forth in the LTIP. 

“Rule 144” means Rule 144 promulgated under the Securities Act, or any similar or successor provision then in force. 

  
 -4- 

 “Rule 144A” means Rule 144A promulgated under the Securities Act, or any similar
or successor provision then in force. 
 “SEC” means the U.S. Securities and Exchange Commission. 

“Securities” means “securities” as defined in Section 2(1) of the Securities Act and includes Common Shares,
Options and any other capital stock or other equity interests of the Company or any options, warrants or other securities that are directly or indirectly convertible into, or exercisable or exchangeable for, such capital stock or other equity or
equity-linked interests, including phantom stock and stock appreciation rights. 
 “Securities Act” means the Securities
Act of 1933, as amended, and the rules and regulations promulgated thereunder. 
 “Shelf Holder” has the meaning ascribed
to such term in Section 3(g). 
 “Shelf Registration” has the meaning ascribed to such term in
Section 3(g). 
 “Shelf Take-Down” has the meaning ascribed to such term in
Section 3(g). 
 “Short-Form Registration” has the meaning ascribed to such term in
Section 3(g). 
 “Subsidiary” means, with respect to any Person, any corporation of which a
majority of the total voting power of shares of stock entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof is at the time owned or controlled, directly or indirectly, by
such Person or one or more of the other Subsidiaries of such Person or a combination thereof, or any partnership, association or other business entity of which a majority of the partnership or other similar ownership interest is at the time owned or
controlled, directly or indirectly, by such Person or one or more Subsidiaries of such Person or a combination thereof. For purposes of this definition, a Person is deemed to have a majority ownership interest in a partnership, association or other
business entity if such Person is allocated a majority of the gains or losses of such partnership, association or other business entity or is or controls the managing director or general partner of such partnership, association or other business
entity. 
 “Termination of Service” means (a) if the Management Holder is an employee of the Company or any
Subsidiary, the termination of the Management Holder’s employment with the Company and its Subsidiaries for any reason, (b) if the Management Holder is a consultant to the Company or any Subsidiary, the termination of the Management
Holder’s consulting relationship with the Company and its Subsidiaries for any reason, and (c) if the Management Holder is a director of the Company or any Subsidiary, the termination of the Management Holder’s service as a director
of the Company or such Subsidiary for any reason, including, in the case of each of clauses (a)–(c), as a result of such Subsidiary no longer being a Subsidiary of the Company because of a sale, divestiture, or other disposition of such
Subsidiary by the Company (whether such disposition is effected by the Company or another Subsidiary thereof). Notwithstanding the foregoing, (i) a Termination of Service shall not be deemed to have occurred if a Management Holder remains an
employee, consultant, or director of the Company or any Subsidiary; and (ii) with respect to any award that constitutes a “nonqualified deferred compensation plan” 

  
 -5- 

 
within the meaning of Section 409A of the Code, “Termination of Service” shall mean a “separation from service” as defined under Section 409A of the Code. 

“Threshold Investment Management Holder” means any Management Holder who invests, in the aggregate (whether through cash, an
exchange of securities (including stock options) or a combination thereof), at least $200,000 in Common Shares and/or Rollover Options, as applicable. 

“Transfer” means any direct or indirect transfer, assignment, sale, gift, pledge, hypothecation or other encumbrance, or any
other disposition, of any Common Shares or Options held at any time by any Holder (or any interest therein or right thereto, including all Common Shares and Options that may be acquired upon the exercise of any Option), regardless of the manner in
which such Holder initially acquired such any such Common Shares or Options, or any other transfer of beneficial ownership of any Common Shares or Options, whether voluntary or involuntary. The mere pledge of Common Shares or Options by a Holder of
such shares or options as collateral to any institutional lender in connection with any financing shall not be deemed a “Transfer” if such arrangement does not interfere with the administration and implementation of this Agreement;
provided that in the case of foreclosure of such pledge, such foreclosure and any other transfer of such Common Shares or Options shall then be deemed a “Transfer.” 

“Underwritten Offering” means a sale of Common Shares to an underwriter for reoffering to the public. 

“Underwritten Shelf Take-Down” has the meaning ascribed to such term in Section 3(g). 

“Underwritten Shelf Take-Down Notice” has the meaning ascribed to such term in Section 3(g). 

“Well-Known Seasoned Issuer” means a “well-known seasoned issuer” as defined in Rule 405 (or successor rule)
promulgated under the Securities Act. 
 “Work Product” means all inventions, innovations, improvements, technical
information, systems, software developments, methods, designs, analyses, drawings, reports, service marks, trademarks, trade names, logos and all similar or related information (whether patentable or unpatentable) that relates to the Company’s
or any of its Affiliates’ actual or anticipated business, research and development or existing or future products or services and that are conceived, developed or made by the Management Holder (whether or not during usual business hours and
whether or not alone or in conjunction with any other Person) while employed by the Company or any of its Affiliates (including those conceived, developed or made prior to the date of this Agreement) together with all patent applications, letters
patent, trademark, trade name and service mark applications or registrations, copyrights and reissues thereof that may be granted for or upon any of the foregoing. 

Section 2.    Transfers; Additional Parties. 

(a)    Securities Restrictions; Legends. 

  
 -6- 

 (i)    No Common Shares or Options may be
Transferred except upon the conditions specified in this Section 2(a), which conditions are intended to ensure compliance with the provisions of the Securities Act. 

(ii)    Each certificate representing Common Shares or Options (if any) shall (unless otherwise permitted
by the provisions of Section 2(a)(iv)) be stamped or otherwise imprinted with a legend in substantially the following form: 

THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ACQUIRED FOR INVESTMENT AND HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933,
AS AMENDED, OR ANY STATE SECURITIES OR BLUE SKY LAWS. THESE SECURITIES MAY NOT BE SOLD OR TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION THEREFROM UNDER SAID ACT OR LAWS. THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE ALSO
SUBJECT TO A SECURITYHOLDERS AGREEMENT AMONG THE ISSUER OF SUCH SECURITIES (THE “COMPANY”), AND THE OTHER PARTIES NAMED THEREIN. THE TERMS OF SUCH SECURITYHOLDERS AGREEMENT INCLUDE, AMONG OTHER THINGS, RESTRICTIONS ON TRANSFER. A COPY OF
SUCH AGREEMENT WILL BE FURNISHED WITHOUT CHARGE BY THE COMPANY TO THE HOLDER HEREOF UPON WRITTEN REQUEST. NO SALE, ASSIGNMENT, TRANSFER OR OTHER DISPOSITION SHALL BE EFFECTIVE UNLESS AND UNTIL THE TERMS AND CONDITIONS OF SUCH STOCKHOLDERS AGREEMENT
HAVE BEEN COMPLIED WITH IN FULL. 
 THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO THE TERMS OF A SECURITYHOLDERS AGREEMENT
WHICH, AMONG OTHER THINGS, IMPOSE RESTRICTIONS ON THE TRANSFER OF SUCH SECURITIES. THE COMPANY WILL, UPON WRITTEN REQUEST, FURNISH A COPY OF SUCH SECURITYHOLDERS AGREEMENT TO THE HOLDER HEREOF WITHOUT CHARGE. 

(iii)    The Holder of any Common Shares or Options, by acceptance thereof, agrees, prior to any voluntary
Transfer, to give written notice to the Company of such Holder’s intention to effect such Transfer and to comply in all other respects with the provisions of this Section 2(a). Each such notice shall describe the
manner and circumstances of the proposed Transfer. Upon request by the Company, the Holder delivering such notice shall deliver a written opinion of such Holder’s counsel (which opinion and counsel shall be reasonably satisfactory to the
Company), addressed to the Company, stating that in the opinion of such counsel such proposed Transfer does not require registration or qualification under the Securities Act. Such Holder shall be entitled effect such proposed Transfer in accordance
with the terms of the notice delivered to the Company, if the Company does not reasonably object to such Transfer or 

  
 -7- 

 
request such opinion ten (10) days after delivery of such notice, or, if it requests such opinion, does not reasonably object to such Transfer within ten (10) days after delivery of
such opinion. 
 (iv)    The restrictions imposed by this Section 2(a) upon
transferability shall cease and terminate (and the Holder shall be entitled to receive from the Company, without expense, a new certificate not bearing the restrictive legend set forth in Section 2(a)(ii) or containing any
other reference to the restrictions imposed by this Section 2(a)) (i) when any such Common Shares or Options are sold or otherwise disposed of pursuant to an effective Registration Statement or (ii) if the Holder of
such Common Shares or Options has met the requirements for transfer pursuant to Rule 144. 
 (b)    Improper
Transfers. Any Transfer or attempted Transfer in breach of this Agreement shall be void ab initio and of no effect. In connection with any Transfer or attempted Transfer in breach of this Agreement, the Company may hold and refuse to give
effect thereto in the books and records of the Company and to transfer any Common Shares, Options or any certificate therefor, in addition to and without prejudice to any and all other rights or remedies that may be available to it or the Holders,
and the Person(s) engaging in such Transfer or attempted Transfer shall indemnify and hold harmless the Company and each of the Holders from all losses, claims, damages, liabilities and expenses that such indemnified person may incur (including
legal fees and expenses) in enforcing the provisions of this Agreement. 
 Section 3.    Demand Registration
Rights. 
 (a)    Subject to the provisions of this Section 3, at any time and from time to
time after the date hereof, the Apollo Group may make one or more written requests (“Registration Request”) to the Company for registration under and in accordance with the provisions of the Securities Act of all or part of their
Registrable Securities. All Registration Requests made pursuant to this Section 3 will specify the aggregate amount of Registrable Securities to be registered and will also specify the intended methods of disposition
thereof. 
 (b)    Subject to the provisions of this Section 3, promptly upon receipt of any
such Registration Request, the Company will use its best efforts to effect such registration under the Securities Act within 120 days of such request (subject to any lock-up restrictions) of the Registrable
Securities that the Company has been so requested to register, including, without limitation, filing post-effective amendments, appropriate qualification under applicable blue sky or other state securities laws and appropriate compliance with the
applicable regulations promulgated under the Securities Act. At any time prior to the registration, the Apollo Group may revoke its Registration Request by providing a notice to the Company revoking such Registration Request. 

(c)    If the Company receives a Registration Request and the Company furnishes to the Apollo Group a copy of a resolution
of the Board (certified by the secretary of the Company) stating that in the good faith judgment of the Board it would be materially adverse to the Company for a Registration Statement (or an Underwritten Shelf Take-Down or a Non-Marketed Shelf Take-Down) to be filed or effected on or before the date such filing or take-downs would otherwise be required hereunder, the Company shall have the right to defer

  
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such filing or take-downs for a period of not more than fifty (50) days after the date such filing or take-downs would otherwise be required hereunder. The Company shall not be permitted to
take such action more than twice in any 360-day period (except that the Company shall be able to use this right more than twice in any 12-month period if the Company is
exercising such right during the 15-day period prior to the Company’s regularly scheduled quarterly earnings announcement date and the total number of days postponement in such 12-month period does not exceed ninety (90) days). If the Company shall so postpone the filing of a Registration Statement, the Apollo Group may withdraw its Registration Request by so advising the Company in
writing. In addition, if the Company receives a Registration Request and the Company is then in the process of preparing to register Common Shares in connection with a primary offering, the Company shall inform the Apollo Group of the Company’s
intent to engage in a primary offering and may require the Apollo Group to withdraw such Registration Request for a period of up to 120 days so that the Company may complete its offering. In the event that the Company ceases to pursue such primary
offering, it shall promptly inform the Apollo Group in writing and the Apollo Group shall be permitted to submit a new Registration Request. For the avoidance of doubt, the Apollo Group shall have the right to participate in the Company’s
primary offering as provided in Section 4 (and notwithstanding anything to the contrary in Section 4, the Apollo Group shall have the right to piggyback on the Company’s primary offering).

 (d)    Registrations under this Section 3 shall be on such appropriate registration form of
the Securities and Exchange Commission (i) as shall be selected by the Apollo Group and as shall be reasonably acceptable to the Company and (ii) as shall permit the disposition of such Registrable Securities in accordance with the
intended method or methods of disposition specified in the Registration Request. If, in connection with any registration under this Section 3 that is proposed by the Apollo Group to be on Form
S-3 or any successor form, the managing underwriter, if any, shall advise the Apollo Group or the Company in writing that in its opinion the use of another permitted form is of material importance to the
success of the offering, then such registration shall be on such other permitted form. Upon the Company becoming a Well-Known Seasoned Issuer, (x) the Company shall give written notice to the Apollo Group as promptly as practicable but in no
event later than ten (10) days thereafter, and such notice shall describe, in reasonable detail, the basis on which the Company has become a Well-Known Seasoned Issuer, and (y) if the Apollo Group so elects in writing at any time
thereafter, the Company shall, as promptly as practicable, file an Automatic Shelf Registration Statement, which would cover all of the Registrable Securities of the Apollo Group. 

(e)    The Company shall use its best efforts to keep any Registration Statement filed in response to a Registration
Request effective for as long as is necessary for the Apollo Group to dispose of all of the covered securities. 

(f)    In the case of an Underwritten Offering that is the subject of a Registration Request, the Apollo Group shall
select the underwriter(s) (including the roles thereof); provided that such selection is reasonably acceptable to the Company. 

  
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 (g)    Following such time as the Company shall have qualified for the use of
Form S-3 promulgated under the Securities Act or any successor form thereto, the Apollo Group shall have the right to request in writing an unlimited number of registrations under the Securities Act of all or
any portion of the Registrable Securities beneficially owned by any member of the Apollo Group on Form S-3 (or any successor form) or any similar short form registration statement, if available (a
“Short-Form Registration”) and the Apollo Group may request that such Short-Form Registration constitute a shelf offering on a delayed or continuous basis in accordance with Rule 415 under the Securities Act (a “Shelf
Registration”), in which case the provisions of this Section 3(g) shall be applicable. All written requests for Short-Form Registrations shall (i) specify the aggregate number of Registrable Securities
intended to be sold or disposed of, (ii) state the intended method of disposition of such Registrable Securities and (iii) whether or not such Short-Form Registration shall be a Shelf Registration, and upon receipt of such request, the
Company shall use its best efforts promptly to effect the registration under the Securities Act of the Registrable Securities so requested to be registered. Any Apollo Group member whose Registrable Securities are included in an effective Shelf
Registration (a “Shelf Holder”) may initiate an offering or sale of all or part of such Registrable Securities (a “Shelf Take-Down”). If a Shelf Holder so elects in a written request delivered to the Company (an
“Underwritten Shelf Take-Down Notice”), a Shelf Take-Down may be in the form of an Underwritten Offering (an “Underwritten Shelf Take-Down”) and, if necessary, the Company shall file and effect an amendment or
supplement to its Shelf Registration for such purpose as soon as practicable. Such initiating Shelf Holder shall indicate in such Underwritten Shelf Take-Down Notice whether it intends for such Underwritten Shelf Take-Down to involve a customary
“road show” (including an “electronic road show”) or other marketing effort by the underwriters (a “Marketed Underwritten Shelf Take-Down”). If a Shelf Holder desires to effect a Shelf Take-Down that does not
constitute a Marketed Underwritten Shelf Take-Down and that does not involve an Underwritten Offering (a “Non-Marketed Shelf Take-Down”), such Shelf Holder shall so indicate in a written
request delivered to the Company no later than three Business Days prior to the expected date of such Non-Marketed Shelf Take-Down, which request shall include (i) the total number of Registrable
Securities expected to be offered and sold in such Non-Marketed Shelf Take-Down, (ii) the expected plan of distribution of such Non-Marketed Shelf Take-Down and
(iii) the action or actions required (including the timing thereof) in connection with such Non-Marketed Shelf Take-Down, and, if necessary, the Company shall file and effect an amendment or supplement to
its Short Form Shelf Registration for such purpose as soon as practicable. All determinations as to whether to complete any Non-Marketed Shelf Take-Down and as to the timing, manner, price and other terms of
any Non-Marketed Shelf Take-Down shall be at the discretion of the applicable Shelf Holder. 

Section 4.    Piggyback Registration Right. 

(a)    Participation. Subject to Section 4(b), if the Company proposes to file a
Registration Statement, whether on its own behalf or in connection with the exercise of any demand registration rights by the Apollo Group or any other Holder possessing such rights (other than (A) a registration relating solely to an employee
benefit plan or employee stock plan, a dividend reinvestment plan, or a merger or a consolidation, (B) a registration incidental to an issuance of debt securities under Rule 144A, (C) a registration on Form
S-4 or any successor form or (D) a registration on Form S-8 or any successor form), with respect to an offering (for its own account or otherwise, and including any
registration pursuant to Section 3) that includes any Registrable Securities, then the Company shall give prompt notice (the “Initial Notice”) to the Apollo Group and the Management Holders, and the Apollo
Group and the 

  
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Management Holders shall be entitled to include in such Registration Statement the Registrable Securities held by them. The Initial Notice shall offer the Apollo Group and the Management Holders
the right, subject to Section 4(b) (the “Piggyback Registration Right”), to register such number of shares of Registrable Securities as each such Holder may request and shall set forth (X) the
anticipated filing date of such Registration Statement and (Y) the aggregate number of Registrable Securities that is proposed to be included in such Registration Statement. Subject to Section 4(b), the Company shall
include in such Registration Statement such Registrable Securities for which it has received written requests to register within ten (10) days after the Initial Notice has been given. 

(b)    Underwriters’ Cutback. Notwithstanding the foregoing, if a registration pursuant to
Section 3 or this Section 4 involves an Underwritten Offering and the managing underwriter(s) of such proposed Underwritten Offering advises the Company or the Apollo Group that the total or kind
of securities that such Holders and any other Persons intend to include in such offering (or Underwritten Shelf Take-Down, as applicable), or that the inclusion of certain Holders in such offering, would be reasonably likely to adversely affect the
price, timing or distribution of the securities offered in such offering (or Underwritten Shelf Take-Down, as applicable), then the number of securities proposed to be included in such registration (or Underwritten Shelf Take-Down, as applicable)
shall be allocated among the Company and all of the selling Apollo Group and Management Holders and other applicable Holders, such that the number of securities that each such Person shall be entitled to sell in the Underwritten Offering (or
Underwritten Shelf Take-Down, as applicable) shall be included in the following order: 
 (i)    In the
event of an exercise of any demand registration rights by the Apollo Group or any other Holder possessing such rights: 

(1)    first, the securities held by the Person(s) exercising such demand registration rights,
pro rata based upon the number of Registrable Securities requested to be registered by each such Person in connection with such registration; 

(2)    second, the securities held by the Apollo Group and the Management Holders or other
applicable Holders requested to be included in such registration pursuant to the terms of this Section 4 or pursuant to any other agreement containing piggyback registration rights, pro rata based upon the number of
Registrable Securities requested to be registered by each such Person in connection with such registration; and 

(3)    third, the securities to be issued and sold by the Company in such registration. 

(ii)    In all other cases: 

(1)    first, the securities to be issued and sold by the Company in such registration; and 

  
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 (2)    second, the securities held by the Apollo Group
and the Management Holders or other applicable Holders requested to be included in such registration pursuant to the terms of this Section 4 or pursuant to any other agreement containing piggyback registration rights,
pro rata based upon the number of Registrable Securities requested to be registered by each such Person in connection with such registration. 
 In
the event that the managing underwriter(s) of such proposed Underwritten Offering (or Underwritten Shelf Take-Down, as applicable) determines that participation in such Underwritten Offering (or Underwritten Shelf Take-Down, as applicable) by a
particular Holder or group of Holders (other than the Apollo Group) would be likely to adversely affect such Underwritten Offering (or Underwritten Shelf Take-Down, as applicable), such Holder or group of Holders shall not participate in such
Underwritten Offering (or Underwritten Shelf Take-Down, as applicable). 

(c)    Lock-ups. In connection with any registration by the Company under
the Securities Act for sale to the public, no Holder shall sell publicly, make any short sale of, grant any option for the purchase of, or otherwise dispose publicly of, any Common Shares or Options without the prior written consent of the Company,
for the period of time in which the Apollo Group has similarly agreed not to sell publicly, make any short sale of, grant any option for the purchase of, or otherwise dispose publicly of, Common Shares or Options (and such Holders shall enter into
customary lock-up agreements to that effect with the Company (and managing underwriter(s), if applicable)). 

(d)    Company Control. Subject to Section 3, the Company may decline to file a
Registration Statement after giving the Initial Notice, or withdraw any such Registration Statement after filing but prior to the effectiveness of such Registration Statement; provided that the Company shall promptly notify each Holder who
was to participate in such offering in writing of any such action; provided, further, that the Company shall bear all reasonable and documented
out-of-pocket expenses incurred by such Holder or otherwise in connection with such unfilled or withdrawn Registration Statement, up to a maximum of $10,000 per Holder,
and no Holder shall be deemed to have made a Registration Request with respect to the unfilled or withdrawn Registration Statement. Except as provided in Section 3(f), the Company shall have sole discretion to select any
and all underwriters that may participate in any Underwritten Offering. 
 (e)    Participation in
Underwritten Offerings. No Person may participate in any Underwritten Offering hereunder unless such Person agrees to sell such Person’s securities on the basis provided in any underwriting arrangements approved by the Company and provides
the questionnaires, powers of attorney, customary indemnities, underwriting agreements, lock-ups (subject to Section 4(c)) and other documents required for such underwriting arrangements. Nothing
in this Section 4(e) shall be construed to create any additional rights regarding the piggyback registration of Registrable Securities in any Person otherwise than as set forth herein. 

  
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 (f)    Exchange Act Compliance. (A) In the event that the Company
registers a class of securities under Section 12 of the Exchange Act, then the Company shall commence to file reports under Section 13 of the Exchange Act and file with the SEC in a timely manner all reports and other documents required of
the Company under the Exchange Act, and in any other event the Company shall make and keep public information available, as those terms are understood and defined in Rule 144, and (B) the Company shall, at the request of any Holder if such
Holder proposes to sell securities in compliance with Rule 144, forthwith furnish to such Holder, as applicable, a written statement of compliance with the reporting requirements of the SEC as set forth in Rule 144 and make available to such Holder
such information as will enable the Holder to make sales pursuant to Rule 144. 
 (g)    Form S-8 Registration. As promptly as reasonable practicable following the date hereof, the Company agrees to register on Form S-8 (or any successor form), all Common
Shares issuable upon exercise of the Options issued to the Management Holders, to the extent such securities are eligible to be registered thereon; provided that the Company may deregister unsold securities under any such Form S-8 and/or withdraw any such Form S-8 to the extent the Company generally deregisters unsold securities under and/or withdraws its outstanding, unexpired,
effective registration statements on Form S-8 and Form S-3. 

(h)    Expenses. As between the Company and the Holders, the Company will pay all registration fees and other
expenses in connection with each registration of Registrable Securities requested pursuant to Section 3 and this Section 4; provided that each Holder shall pay all applicable underwriting
fees, discounts and similar charges (pro rata based on the securities sold) and that all Holders as a group shall be entitled to a single counsel (at the Company’s expense) to be selected by the Apollo Group. 

Section 5.    Indemnification. 

(a)    Indemnification by the Company. The Company agrees to indemnify and hold harmless, to the full extent
permitted by law, each selling Holder, its officers, directors, employees and representatives and each Person who controls (within the meaning of the Securities Act) such selling Holder, and in the case of the Apollo Holder, its officers, managers,
employees, representatives, Affiliates, the Apollo Group and any portfolio companies of any members of the Apollo Group or its Affiliates, against any losses, claims, damages, liabilities and expenses caused by any untrue or alleged untrue statement
of a material fact contained in any Registration Statement or Prospectus or any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, except insofar as
the same may be caused by or contained in any information furnished in writing to the Company by such selling Holder for use therein; provided, however, that the Company shall not be liable in any such case to the extent that any such
loss, claim, damage, liability or expense arises out of or is based upon an untrue statement or alleged untrue statement or omission or alleged omission made in any such preliminary prospectus if (i) such selling Holder failed to deliver or
cause to be delivered a copy of the prospectus to the Person asserting such loss, claim, damage, liability or expense after the Company has furnished such selling Holder with a sufficient number of copies of the same and (ii) the prospectus
completely corrected in a timely manner such untrue statement or omission; and provided, further, that the Company shall not be liable in any such case to the extent that any such loss, claim, damage, liability or expense arises out of
or is based upon an untrue statement or alleged untrue statement or omission or alleged omission in the prospectus, if such 

  
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untrue statement or alleged untrue statement, omission or alleged omission is completely corrected in an amendment or supplement to the prospectus and the selling Holder thereafter fails to
deliver such prospectus as so amended or supplemented prior to or concurrently with the sale of the securities to the Person asserting such loss, claim, damage, liability or expense after the Company had furnished such selling Holder with a
sufficient number of copies of the same. 
 (b)    Indemnification by Selling Holders. Each selling Holder agrees
to indemnify and hold harmless, to the full extent permitted by law, the Company, its directors, officers, employees and representatives and each Person who controls the Company (within the meaning of the Securities Act) against any losses, claims,
damages or liabilities and expenses caused by any untrue or alleged untrue statement of a material fact contained in any Registration Statement or Prospectus or any omission or alleged omission to state therein a material fact required to be stated
therein or necessary to make the statements therein not misleading, to the extent that such untrue statement or omission was caused by or contained in any information furnished in writing to the Company by such selling Holder for use therein and has
not been corrected in a subsequent writing prior to or concurrently with the sale of the securities to the Person asserting such loss, claim, damage, liability or expense. In no event shall the liability of any selling Holder hereunder be greater in
amount than the dollar amount of the proceeds received by such selling Holder upon the sale of the securities giving rise to such indemnification obligation (except in the event of liability for fraud by such selling Holder). The Company and the
selling Holders shall be entitled to receive indemnities from underwriters, selling brokers, dealer managers and similar securities industry professionals participating in the distribution, to the same extent as provided above with respect to
information so furnished in writing by such Persons specifically for inclusion in any Registration Statement or Prospectus. 

(c)    Conduct of Indemnification Proceedings. Any Person entitled to indemnification hereunder will (i) give
prompt (but in any event within thirty (30) days after such Person has actual knowledge of the facts constituting the basis for indemnification) written notice to the indemnifying party of any claim with respect to which it seeks
indemnification and (ii) permit such indemnifying party to assume the defense of such claim with counsel reasonably satisfactory to the indemnified party; provided, however, that any delay or failure to so notify the indemnifying
party shall relieve the indemnifying party of its obligations hereunder only to the extent, if at all, that it is actually prejudiced by reason of such delay or failure; provided, further, however, that any Person entitled to
indemnification hereunder shall have the right to select and employ separate counsel and to participate in the defense of such claim, but the fees and expenses of such counsel shall be at the expense of such Person unless (A) the indemnifying
party has agreed in writing to pay such fees or expenses, (B) the indemnifying party shall have failed to assume the defense of such claim within a reasonable time after receipt of notice of such claim from the Person entitled to
indemnification hereunder and employ counsel reasonably satisfactory to such Person or (C) in the reasonable judgment of any such Person, based upon advice of counsel, a conflict of interest may exist between such Person and the indemnifying
party with respect to such claims (in which case, if the Person notifies the indemnifying party in writing that such Person elects to employ separate counsel at the expense of the indemnifying party, the indemnifying party shall not have the right
to assume the defense of such claim on behalf of such Person). If such defense is not assumed by the indemnifying party, the indemnifying party will not be subject to any liability for any 

  
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settlement made without its consent (but such consent will not be unreasonably withheld). An indemnified party shall not be required to consent to any settlement involving the imposition of
equitable remedies or involving the imposition of any material obligations on such indemnified party other than financial obligations for which such indemnified party will be indemnified hereunder. No indemnifying party will be required to consent
to entry of any judgment or enter into any settlement that does not include as an unconditional term thereof the giving by the claimant or plaintiff to such indemnified party of a release from all liability in respect to such claim or litigation.
Whenever the indemnified party or the indemnifying party receives a firm offer to settle a claim for which indemnification is sought hereunder, it shall promptly notify the other of such offer. If the indemnifying party refuses to accept such offer
within twenty (20) Business Days after receipt of such offer (or of notice thereof), such claim shall continue to be contested and, if such claim is within the scope of the indemnifying party’s indemnity contained herein, the indemnified
party shall be indemnified pursuant to the terms hereof. If the indemnifying party notifies the indemnified party in writing that the indemnifying party desires to accept such offer, but the indemnified party refuses to accept such offer within
twenty (20) Business Days after receipt of such notice, the indemnified party may continue to contest such claim and, in such event, the total maximum liability of the indemnifying party to indemnify or otherwise reimburse the indemnified party
hereunder with respect to such claim shall be limited to and shall not exceed the amount of such offer, plus reasonable out-of-pocket costs and expenses (including
reasonable attorneys’ fees and disbursements) to the date of notice that the indemnifying party desires to accept such offer; provided that this sentence shall not apply to any settlement of any claim involving the imposition of
equitable remedies or to any settlement imposing any material obligations on such indemnified party other than financial obligations for which such indemnified party will be indemnified hereunder. An indemnifying party who is not entitled to, or
elects not to, assume the defense or a claim will not be obligated to pay the fees and expenses of more than one counsel for all parties indemnified by such indemnifying party with respect to such claim in any one jurisdiction, unless in the written
opinion of counsel to the indemnified party, reasonably satisfactory to the indemnifying party, use of one counsel would be expected to give rise to a conflict of interest between such indemnified party and any other of such indemnified parties with
respect to such claim, in which event the indemnifying party shall be obligated to pay the fees and expenses of each additional counsel. 

(d)    Other Indemnification. Indemnification similar to that specified in this Section 5
(with appropriate modifications) shall be given by the Company and each selling Holder with respect to any required registration or other qualification of securities under federal or state law or regulation of governmental authority other than the
Securities Act. 
 (e)    Contribution. If for any reason the indemnification provided for in
Section 5(a) and Section 5(b) is unavailable to an indemnified party or insufficient to hold such indemnified party harmless as contemplated by Section 5(a) and
Section 5(b), then the indemnifying party shall contribute to the amount paid or payable by the indemnified party as a result of such loss, claim, damage or liability in such proportion as is appropriate to reflect not only
the relative benefits received by the indemnified party and the indemnifying party, but also the relative fault of the indemnified party and the indemnifying party, as well as any other relevant equitable considerations; provided that no
selling Holder shall be required to contribute in an amount greater than the dollar amount of the proceeds received by such selling Holder 

  
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with respect to the sale of any securities hereunder. No Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to
contribution from any Person who was not itself guilty of such fraudulent misrepresentation. 

Section 6.    Withholdings. The Company may withhold from any amounts payable under this Agreement such
federal, state, local or foreign taxes as shall be required to be withheld pursuant to any applicable Law or regulation, or may permit a Holder to elect to pay the Company any such required withholding taxes. If such Holder so elects, the payment by
such Holder of such taxes shall be a condition to the receipt of amounts payable to such Holder under this Agreement. The Company shall, to the extent permitted or required by law, have the right to deduct any such taxes from any payment otherwise
due to such Holder. 
 Section 7.    Governance; Information. 

(a)    Each Holder agrees that the Company shall be governed in accordance with this Agreement, the certificate of
incorporation of the Company and the by-laws of the Company, as well as any policies adopted in accordance with the foregoing, in each case, as each may be amended or supplemented from time in accordance
therewith. Each Management Holder hereby agrees to be bound by and to act in accordance with the Policies. 
 (b)    In
addition to the powers and authorities granted hereunder specifically conferred upon the Board, authority and power to exercise all powers of the Company pursuant to this Agreement or otherwise and do all lawful acts and things as are not by
applicable Law, the Company’s organizational documents or this Agreement expressly required to be exercised or done by the Holders or any of them is hereby expressly conferred upon the Board. All determinations by the Board required or
permitted pursuant to the terms of this Agreement shall be binding and conclusive, so long as they are made in good faith. 

(c)    The Company shall furnish to the Apollo Group the annual, quarterly and monthly consolidated financial reports of
the Company and its Subsidiaries promptly after the preparation thereof. The Company shall permit the Apollo Group and such Persons as it may designate to visit and inspect any of the properties of the Company and its Subsidiaries, examine the
Company’s and any of its Subsidiaries’ books and records and take copies and extracts therefrom, discuss the affairs, finances and accounts of the Company and its Subsidiaries with the Company’s and any of its Subsidiaries’
officers, employees and public accountants (and the Company, on behalf of itself and each of its Subsidiaries, hereby authorizes such accountants to discuss with such Holder and such designees such affairs, finances and accounts) during normal
business hours and upon reasonable notice. The Apollo Group is expressly permitted to share confidential information of the Company and its Subsidiaries with any potential purchaser of its Common Shares or any potential purchaser of the Company;
provided that such potential purchaser executes a customary confidentiality agreement with the Apollo Group or the Company in order to preserve the confidentiality of such information. 

  
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 Section 8.    Agreements of Management Holders. To the extent
that a given Threshold Investment Management Holder, as of the date such Threshold Investment Management Holder becomes a party to this Agreement (or, if later, the date a Management Holder becomes a Threshold Investment Management Holder), is not
subject to nonsolicitation, non-hire and/or noncompetition covenants of a type similar to those set forth Exhibit B hereto (such covenants, “Noncompetition
Covenants”), then such Threshold Investment Management Holder shall execute and deliver to the Company as of such date a Non-Competition, Non-Solicitation and No-Hire Agreement in the form set forth in Exhibit B hereto. In addition, each Management Holder hereby agrees to the provisions in Section 8(a) through
8(d) below. Each Management Holder acknowledges that it has received good and valuable consideration, the sufficiency of which is hereby acknowledged, for the applicable covenants set forth in this Section 8. 

(a)    Nondisclosure; Confidential Information. Each Management Holder shall not disclose or use at any time,
either during his or her employment with or service to the Company and its Subsidiaries or thereafter, any Confidential Information of which the Management Holder is or becomes aware, whether or not such information is developed by him or her,
except to the extent that such disclosure or use is directly related to and required by such Management Holder’s performance in good faith of duties assigned to such Management Holder by the Company or its Subsidiaries. Each Management Holder
shall take all appropriate steps to safeguard Confidential Information in his or her possession and to protect it against disclosure, misuse, espionage, loss and theft. Each Management Holder shall deliver to the Company at his or her Termination of
Service, or at any time the Company may request, all memoranda, notes, plans, records, reports, computer tapes and software and other documents and data (and copies thereof) relating to the Confidential Information or the Work Product of the
business of the Company or any of its Affiliates that the Management Holder may then possess or have under his or her control. The obligations set forth in this Section 8(a) shall survive each Management Holder’s
Termination of Service with the Company and its Subsidiaries. The foregoing does not limit any other nondisclosure or confidentiality obligation otherwise applicable to such Management Holder. 

(b)    Nondisparagement. Each Management Holder shall not, either during his or her employment with or service to
the Company and its Subsidiaries or thereafter, directly or indirectly, whether in writing or orally, publicly make any statement related to the Company, the Apollo Group, the Management Holder’s employment with or service to the Company or the
Management Holder’s Termination of Service, including the reasons for or any of the events or circumstances surrounding such Termination of Service, that could reasonably be understood as disparaging the Company or the Apollo Group or any of
their respective Affiliates, directors, officers, employees, agents, advisors or representatives or that is intended to harm the business or reputation of the Company, the Apollo Group or any of their respective Affiliates, directors, officers,
employees, agents, advisors or representatives; provided, however, that the foregoing shall not be deemed to prevent or impair any Management Holder from testifying in any legal or administrative proceeding or responding to inquiries
or requests for information by any regulator or auditor. 
 (c)    No Right of Continued Employment or Engagement of
Services. Each Management Holder acknowledges that neither the ownership of any Securities nor any provision contained in this Agreement shall entitle the Management Holder to obtain employment with or engagement for services by, remain in the
employment of or otherwise provide services to the Company or any of its Affiliates or affect any right the Company or its Affiliates may have to terminate the Management Holder’s employment or service. 

  
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 (d)    Remedies. Each Management Holder acknowledges that the
provisions of this Section 8 have been specifically negotiated by sophisticated commercial parties and agree that all such provisions are reasonable under the circumstances of the activities contemplated by this Agreement
and in light of the opportunity to invest in the Company and to receive awards under the LTIP.    Each Management Holder further acknowledges and agrees that the terms of this Section 8 (inclusive of the
Noncompetition Covenants applicable to such Management Holder): (i) are reasonable in light of all of the circumstances, (ii) are sufficiently limited to protect the legitimate interests of the Company and its Affiliates, (iii) impose
no undue hardship on such Management Holder and (iv) are not injurious to the public. Each Management Holder further acknowledges and agrees that a breach of the provisions of this Section 8 (inclusive of the
Noncompetition Covenants applicable to such Management Holder) will cause the Company irreparable harm, which cannot be adequately compensated by money damages, and agrees that the Company shall be entitled to temporary and permanent injunctive and
other equitable relief (in addition to any other remedies that may be available at law or in equity) in case of any such breach or attempted breach and further agrees to waive (to the extent legally permissible) any legal conditions required to be
met for the obtaining of any such injunctive or other equitable relief (including posting any bond in order to obtain equitable relief) and without the necessity of proof of actual damages. Any severance payment previously made to a Management
Holder breaching or attempting to breach this Section 8 (inclusive of the Noncompetition Covenants applicable to such Management Holder) shall be returned to the Company, and no further severance payments shall be made to
such Management Holder. If any of the restrictions contained in this Section 8 is found by any court of competent jurisdiction to be unenforceable because it is too broad, then such restriction shall nevertheless remain
effective but shall be considered amended to have the broadest terms that such court may find enforceable. 

Section 9.    Notices. All notices, demands and other communications to be given or delivered under or by
reason of the provisions of this Agreement shall be in writing and shall be deemed to have been given (a) when personally delivered, (b) when transmitted via telecopy (or other facsimile device) to the number set out below if the sender on
the same day sends a confirming copy of such notice by a recognized overnight delivery service (charges prepaid), (c) the day following the day (except if not a Business Day then the next Business Day) on which the same has been delivered prepaid to
a reputable national overnight air courier service, (d) the third Business Day following the day on which the same is sent by certified or registered mail, postage prepaid or (e) the day on which the same is sent via e-mail and has been confirmed via telephone. Notices, demands and communications, in each case to the respective parties, shall be sent to the applicable address set forth below, unless another address has been
previously specified in writing: 

  
 -18- 

			
	If to the Company:
	
	 Aegis Holdings, Inc.
 c/o Apollo
Management VIII, L.P.

	9 West 57th St.
	New York, New York 10019
	Attention:	  	Matthew H. Nord
	Email:	  	nord@apollolp.com
	Attention:	  	Laurie Medley
	Email:	  	lmedley@apollolp.com
	Telephone:	  	212-515-3484
	Facsimile:	  	646-607-0528

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

 

			
	Wachtell, Lipton, Rosen & Katz
	51 West 52nd Street
	New York, New York 10019
	Attention:	  	Andrew J. Nussbaum
		  	Gordon S. Moodie
	Email:	  	AJNussbaum@wlrk.com
		  	GSMoodie@wlrk.com
	Telephone:	  	(212) 403-1000
	Facsimile:	  	(212) 403-2000

 If to the Apollo Group: 
  

			
	 AP VIII Aegis Holdings LP
 c/o
Apollo Management VIII, L.P.

	9 West 57th St.
	New York, New York 10019
	Attention:	  	Matthew H. Nord
	Email:	  	nord@apollolp.com
	Attention:	  	Laurie Medley
	Email:	  	lmedley@apollolp.com
	Telephone:	  	212-515-3484
	Facsimile:	  	646-607-0528

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

 

			
	Wachtell, Lipton, Rosen & Katz
	51 West 52nd Street
	New York, New York 10019
	Attention:	  	Andrew J. Nussbaum
		  	Gordon S. Moodie
	Email:	  	AJNussbaum@wlrk.com
		  	GSMoodie@wlrk.com
	Telephone:	  	(212) 403-1000
	Facsimile:	  	(212) 403-2000

  
 -19- 

 If to any Management Holder: to the address set forth with respect to such Management Holder in
the Company’s records. 
 The Company, any Holder or any spouse or legal representative of a Holder may effect a change of address for
purposes of this Agreement by giving notice of such change to the Company, and the Company shall, upon the request of any party hereto, notify such party of such change in the manner provided herein. Until such notice of change of address is
properly given, the addresses set forth in this Section 9 shall be effective for all purposes. 

Section 10.    Miscellaneous Provisions. 

(a)    Governing Law. THIS AGREEMENT WILL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
DELAWARE, WITHOUT GIVING EFFECT TO ANY CHOICE OF LAW OR CONFLICTING PROVISION OR RULE THAT WOULD CAUSE THE LAWS OF ANY JURISDICTION OTHER THAN THE STATE OF DELAWARE TO BE APPLIED. IN FURTHERANCE OF THE FOREGOING, THE INTERNAL LAW OF THE STATE OF
DELAWARE WILL CONTROL THE INTERPRETATION AND CONSTRUCTION OF THIS AGREEMENT, EVEN IF UNDER SUCH JURISDICTION’S CHOICE OF LAW OR CONFLICT OF LAW ANALYSIS, THE SUBSTANTIVE LAW OF SOME OTHER JURISDICTION WOULD ORDINARILY APPLY. 

(b)    Jurisdiction; Venue. The parties to this Agreement agree that jurisdiction and venue in any action brought
by any party hereto pursuant to this Agreement shall exclusively and properly lie in the Delaware Chancery Court located in Wilmington, Delaware, or (in the event that such court denies jurisdiction) any federal or state court located in the State
of Delaware. By execution and delivery of this Agreement each party hereto irrevocably submits to the jurisdiction of such courts for himself, herself or itself and in respect of his, her or its property with respect to such action. The parties
hereto irrevocably agree that venue for such action would be proper in such court, and hereby waive any objection that such court is an improper or inconvenient forum for the resolution of such action. The parties further agree that the mailing by
certified or registered mail, return receipt requested, of any process required by any such court shall constitute valid and lawful service of process against them, without necessity for service by any other means provided by statute or rule of
court. 
 (c)    Waiver of Jury Trial. BECAUSE DISPUTES ARISING IN CONNECTION WITH COMPLEX FINANCIAL TRANSACTIONS
ARE MOST QUICKLY AND ECONOMICALLY RESOLVED BY AN EXPERIENCED AND EXPERT PERSON AND THE PARTIES WISH APPLICABLE STATE AND FEDERAL LAWS TO APPLY (RATHER THAN ARBITRATION RULES), THE PARTIES DESIRE THAT THEIR DISPUTES BE RESOLVED BY A JUDGE, APPLYING
SUCH APPLICABLE LAWS. THEREFORE, TO ACHIEVE THE BEST COMBINATION OF THE BENEFITS OF THE JUDICIAL SYSTEM, THE PARTIES HERETO WAIVE ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, SUIT OR PROCEEDING BROUGHT TO ENFORCE OR DEFEND ANY RIGHT OR REMEDIES UNDER
THIS AGREEMENT OR ANY DOCUMENTS ENTERED INTO IN CONNECTION WITH THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED HEREIN. 

  
 -20- 

 (d)    Interpretation. Each Management Holder shall be bound by the
provisions contained in this Agreement, except that if any Management Holder is a party to a subscription, employment or other agreement with the Company or any of its Subsidiaries entered into on or following the date hereof that expressly
supersedes any provision of this Agreement, the superseding provisions of such subscription, employment or other agreement shall control. This Agreement has been freely and fairly negotiated among the parties. If an ambiguity or question of intent
or interpretation arises, this Agreement will be construed as if drafted jointly by the parties, and no presumption or burden of proof will arise favoring or disfavoring any party because of the authorship of any provision of this Agreement.
Whenever the context requires, the gender of all words used herein shall include the masculine, feminine and neuter, and the number of all words shall include the singular and plural. The words “including,” “include” and
“includes” shall be deemed to be followed by “without limitation.” 
 (e)    Binding Effect.
This Agreement shall be binding upon the Company, the Apollo Holder, the Management Holders, any other Holders, any spouses of individual Holders and their respective heirs, executors, administrators and permitted successors and assigns. Any Holder
who Transfers all of his, her or its Common Shares and Options in conformity with the terms of this Agreement shall have no further rights hereunder other than rights to indemnification under Section 5, if applicable (it
being understood and agreed, for the avoidance of doubt, that the obligations and restrictions under Section 8 shall continue to apply to a Management Holder after such disposition in accordance with the terms of
Section 8). 
 (f)    Amendment; Termination; Waiver. This Agreement may be amended,
terminated or waived from time to time by an instrument in writing signed by the Company and the Apollo Holder; provided, however, that if an amendment, termination or waiver would materially disproportionately adversely affect the
rights or obligations of the Management Holders as a group relative to the Apollo Holder, such instrument in writing shall also require the signatures of Management Holders who hold at least a majority of the outstanding Common Shares owned by all
Management Holders as of the date of such amendment or waiver; provided, further, however, that if Registrable Securities have been registered pursuant to Section 3 or
Section 4 prior to any such termination of this Agreement, Section 5 shall survive such termination. No course of dealing between the Company, its Subsidiaries and the Holders (or any of them) or
any delay in exercising any rights hereunder will operate as a waiver of any rights of any party to this Agreement. The failure of any party to enforce any of the provisions of this Agreement will in no way be construed as a waiver of such
provisions and will not affect the right of such party thereafter to enforce each and every provision of this Agreement in accordance with its terms. In the event of any amendment of or material waiver under this Agreement, the Company shall provide
the Holders with a written notice of such amendment or waiver, with such notice conforming to the requirements set forth in Section 9. A copy of this Agreement and of all amendments hereto shall be filed and maintained at
the principal offices of the Company. 
 (g)    Consent of Spouses. The spouses of the individual Holders are
fully aware of, understand and fully consent and agree to the provisions of this Agreement and its binding effect upon any community property interests or similar marital property interests in the Common Shares or Options they may now or hereafter
own, and agree that the termination of their marital relationship with any Holder for any reason shall not have the effect of removing 

  
 -21- 

 
any Common Shares or Options otherwise subject to this Agreement from the coverage of this Agreement and that their awareness, understanding, consent and agreement are evidenced by their signing
this Agreement. Furthermore, each individual Holder agrees to cause his or her spouse (and any subsequent spouse) to execute and deliver, upon the request of the Company, a counterpart of this Agreement, or an Adoption Agreement substantially in the
form of Exhibit A or in a form satisfactory to the Company. 
 (h)    Specific Performance;
Injunctive Relief. Each party to this Agreement acknowledges that a remedy at law for any breach or attempted breach of this Agreement will be inadequate, agrees that each other party to this Agreement shall be entitled to specific performance
and injunctive and other equitable relief (in addition to any other remedies that may be available at law or in equity) in case of any such breach or attempted breach and further agrees to waive (to the extent legally permissible) any legal
conditions required to be met for the obtaining of any such injunctive or other equitable relief (including posting any bond in order to obtain equitable relief). 

(i)    Counterparts. This Agreement may be executed simultaneously in one or more counterparts, any one of which
need not contain the signatures of more than one party, but all such counterparts taken together will constitute one and the same agreement. It shall not be necessary in making proof of this Agreement to produce or account for more than one such
counterpart. The failure of any Holder to execute this Agreement does not make it invalid as against any other Holder. 

(j)    Severability. Whenever possible, each provision of this Agreement will be interpreted in such manner as to
be effective and valid under applicable Law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable Law or rule in any jurisdiction, such invalidity, illegality or unenforceability
will not affect any other provision or any other jurisdiction, and such invalid, illegal or otherwise unenforceable provisions shall be null and void as to such jurisdiction. It is the intent of the parties, however, that any invalid, illegal or
otherwise unenforceable provisions be automatically replaced by other provisions which are as similar as possible in terms to such invalid, illegal or otherwise unenforceable provisions but are valid and enforceable to the fullest extent permitted
by law. 
 (k)    Further Assurances. Each party hereto shall do and perform or cause to be done and performed
all such further acts and things and shall execute and deliver all such other agreements, certificates, instruments and other documents as any other party hereto reasonably may request in order to carry out the provisions of this Agreement and the
consummation of the transactions contemplated hereby. 
 (l)    Entire Agreement. Except as otherwise expressly
provided herein, this Agreement and the exhibits, schedules and annexes attached hereto or referred to herein, together with any Ancillary Agreement and the LTIP, sets forth the entire agreement of the parties hereto as to the subject matter hereof
and supersedes all previous agreements among all or some of the parties hereto, whether written, oral or otherwise, as to such subject matter. Unless otherwise provided herein, any consent required by the Company may be withheld by the Company in
its sole discretion. 

  
 -22- 

 (m)    No Third-Party Beneficiaries. Except as otherwise expressly
provided herein, no Person not a party to this Agreement, as a third-party beneficiary or otherwise, shall be entitled to enforce any rights or remedies under this Agreement. 

(n)    Adjustments for Stock Splits. If, and as often as, there are any changes in the Common Shares or Options by
way of stock split, stock dividend, combination or reclassification, or through merger, consolidation, reorganization or recapitalization, or by any other means, appropriate adjustment shall be made in the provisions of this Agreement, as may be
required, so that the rights, privileges, duties and obligations hereunder shall continue with respect to the Common Shares and Options as so changed. 

(o)    No Recourse. No officer or director of the Company shall be personally liable to the Company or any Holder
as a result of any acts or omissions taken under this Agreement in good faith. Notwithstanding anything that may be expressed or implied in this Agreement, and notwithstanding that certain of the Holders may be limited partnership or limited
liability companies, each Holder covenants, agrees and acknowledges that, except as required by applicable Law, no recourse under this Agreement or any documents or instruments delivered in connection with this Agreement shall be had against the
Apollo Group or any of its Affiliates or any of its or their former, current or future direct or indirect equity holders, controlling persons, shareholders, directors, officers, employees, agents, Affiliates, members, financing sources, accountants,
advisors, managers, general or limited partners, assignees or representatives (“Related Parties”), whether by the enforcement of any assessment or by any legal or equitable proceeding, or by virtue of any applicable Law, it being
expressly agreed and acknowledged that no personal liability whatsoever shall attach to, be imposed on or otherwise be incurred by any of the Related Parties, as such, for any obligation or liability of the Company, the Apollo Group or any Holder,
under this Agreement or any documents or instruments delivered in connection with this Agreement in respect of or by reason of obligations or liabilities or their creation. 

(p)    Additional Issuances. In the event additional Common Shares or Options are issued by the Company to a Holder
at any time during the term of this Agreement, either directly or upon the exercise or exchange of securities of the Company exercisable for or exchangeable into Common Shares or Options, such additional Common Shares or Options, as a condition to
their issuance, shall become subject to the terms and provisions of this Agreement. 
 (q)    Assignment. Except
as otherwise provided herein, no Holder may assign any of its rights or obligations under this Agreement without the prior written consent of the Apollo Group. 

*  *  *  *  * 

  
 -23- 

 This Agreement is executed by each of the undersigned to be effective as of the date first above
written. 
  

			
	PRESIDIO, INC.
		
	By:	 	  

	Name:	 	Robert Cagnazzi
	Title:	 	Chief Executive Officer
	
	AP VIII AEGIS HOLDINGS, L.P.
	By: AP VIII Aegis Holdings GP, LLC, its general partner
		
	By:	 	  

	Name:	 	Laurie Medley
	Title:	 	

 [Signature Page to Aegis Holdings, Inc. Securityholders Agreement] 

 
	
	  

	Name of Holder:
	
	  

	Name of Spouse:

 [Signature Page to Aegis Holdings, Inc. Securityholders Agreement] 

 EXHIBIT A 

ADOPTION AGREEMENT 
 This
Adoption Agreement (“Adoption”) is executed pursuant to the terms of the Amended and Restated Securityholders Agreement, dated as of [●], by and among Aegis Holdings, Inc., a Delaware corporation (the
“Company”), and the Holders, a copy of which is attached hereto (as it may be amended or supplemented from time to time, the “Securityholders Agreement”) (capitalized terms used but not defined herein shall have the
meanings ascribed to such terms in the Securityholders Agreement), by the transferee or the recipient of an issuance by the Company, as applicable (“Transferee”), executing this Adoption. By the execution of this Adoption, the
Transferee agrees as follows: 
 1.    Acknowledgement. Transferee acknowledges that Transferee is acquiring
certain Securities of the Company, subject to the terms and conditions of the Securityholders Agreement. 

2.    Agreement. Transferee (a) agrees that the Securities acquired by Transferee, and certain other
Securities that may be acquired by Transferee in the future, shall be bound by and subject to the terms of the Securityholders Agreement, pursuant to the terms thereof, (b) hereby adopts the Securityholders Agreement with the same force and
effect as if he, she or it were originally a party thereto, and (c) agrees that Transferee shall be deemed to be a [insert “Management Holder” or “Holder,” as applicable] for purposes of the Securityholders Agreement. 

3.    Notice. Any notice required as permitted by the Securityholders Agreement shall be given to Transferee at the
address listed below Transferee’s signature. 
 4.    Law. THIS ADOPTION WILL BE GOVERNED BY AND CONSTRUED
IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, WITHOUT GIVING EFFECT TO ANY CHOICE OF LAW OR CONFLICTING PROVISION OR RULE (WHETHER OF THE STATE OF DELAWARE OR ANY OTHER JURISDICTION) THAT WOULD CAUSE THE LAWS OF ANY JURISDICTION OTHER THAN
THE STATE OF DELAWARE TO BE APPLIED. IN FURTHERANCE OF THE FOREGOING, THE INTERNAL LAW OF THE STATE OF DELAWARE WILL CONTROL THE INTERPRETATION AND CONSTRUCTION OF THIS ADOPTION, EVEN IF UNDER SUCH JURISDICTION’S CHOICE OF LAW OR CONFLICT OF
LAW ANALYSIS, THE SUBSTANTIVE LAW OF SOME OTHER JURISDICTION WOULD ORDINARILY APPLY. 
 5.    Joinder. The spouse
of the undersigned Transferee, if applicable, executes this Adoption to acknowledge its fairness and that it is in such spouse’s best interest, and to bind such spouse’s community interest, if any, in the Securities and in the
Securityholders Agreement, to the terms of the Securityholders Agreement. 

 IN WITNESS WHEREOF, the undersigned has executed this Adoption Agreement as of the date written
below. 
 Date:                  ,
             
  

			
	[NAME]
		
	By:	 	  

		
	Name:	 	  

		
	Title:	 	  

	
	[SPOUSE, IF APPLICABLE]
	
	  

	[Spouse Name]
	
	Address for Notices

 [Signature Page to Aegis Holdings, Inc. Adoption Agreement] 

 EXHIBIT B 

FORM OF NON-COMPETITION, NON-SOLICITATION AND NON-HIRE AGREEMENT 
 (attached) 

 FORM OF 

NON-COMPETITION, NON-SOLICITATION AND NO-HIRE AGREEMENT 
 THIS NON-COMPETITION, NON-SOLICITATION AND NO-HIRE AGREEMENT (this “Agreement”) is entered into as of [Date], by and among [Name], an individual (“Employee”),
Presidio, Inc., a Delaware corporation (the “Company”). 
 W I T N E S S E T H: 

WHEREAS, Employee has detailed knowledge of competitively sensitive and important confidential information and trade secrets of the Company
and its business, including information regarding the Company’s plans and relationships with customers, suppliers and others; 

WHEREAS, Employee further recognizes the Company’s interests in protecting, among other things, the Company’s relationships with
customers, suppliers and others, and the goodwill associated with its ongoing business; 
 WHEREAS, Employee has considered the effects of
this Agreement, considers them reasonable and is willing to enter into and be bound by this Agreement; 
 NOW, THEREFORE, in consideration
of the premises and the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and Employee hereby agree as follows: 

1. Definitions. All capitalized terms used herein shall have the respective meanings set forth in this Section 1. 

“Board” shall mean the board of directors of the Company. 

“Company Party” shall mean the Company and any direct or indirect parent, sister company, or subsidiary of the Company; and
“Company Parties” means, collectively, all of the foregoing entities. 
 “Competing Business” shall mean
any one or more of the following: (i) any business engaged in by any Company Party, including, without limitation, the ownership and operation of voice, data and/or security value added resellers, system integrators, interconnects or voice
and/or data managed service providers (except manufacturers of products (hardware or software)); or (ii) any other material line of business which any Company Party is actively pursuing (including, without limitation, as a potential acquisition
target) as of the Termination Date. 
 “Control” shall mean the direct or indirect ownership of equity interests of such
Person representing either (i) at least 50% of the equity interests of such Person or (ii) the direct or indirect power to elect or cause the designation of a majority of the board of directors or similar governing body of such Person, in
each case whether through ownership of securities, by contract or otherwise. 

 “Person” includes any individual, corporation, association, partnership (general
or limited), joint venture, trust, estate, limited liability company, or other legal entity or organization. 
 “Protected
Territory” shall mean the United States of America. 
 “Restricted Period” shall mean the period commencing on the
date hereof and ending 18 months following the Termination Date. 
 “Termination Date” shall mean the date Employee ceases
to be employed for any reason by any Company Party. 
 2. Confidential Information. 

(a) Company Party Information. Employee agrees at all times during the term employment and thereafter, to hold in strictest confidence,
and not to use, except for the benefit of the Company Parties to fulfill Employee’s employment obligations, or to disclose to any Person without written authorization of the Board, any Confidential Information of a Company Party. Employee
understands that “Confidential Information” means any Company Party proprietary information, technical data, trade secrets or know-how, including, but not limited to, research, product plans,
products, services, customer lists and confidential information regarding customers (including, but not limited to, customers of a Company Party on whom Employee has called or with whom Employee became acquainted during Employee’s term of
employment), markets, software, developments, inventions, processes, formulas, technology, designs, drawings, engineering, hardware configuration information, marketing, finances or other business information disclosed to Employee by a Company Party
either directly or indirectly in writing, orally or by drawings or observation of parts or equipment. “Confidential Information” shall also include any information which is identified as confidential according to written Company policy.
Employee further understands that “Confidential Information” does not include any of the foregoing items which either are generally known in the industry and not specific to any Company Party or have become generally known by or available
to the public through no wrongful act of Employee. 
 (b) Former Employer Information. Employee agrees that he will not improperly
use or disclose any proprietary information or trade secrets of any former or concurrent employer or other Person and that he will not bring onto the premises of a Company Party any unpublished document or proprietary information belonging to any
such employer or Person unless consented to in writing by such employer or Person. The Company agrees that it will not request or require Employee to use or disclose any trade secrets or proprietary information of any former or concurrent employer.

 (c) Third Party Information. Employee recognizes that the Company has received and in the future will receive from third parties
their confidential or proprietary information subject to a duty on the Company’s part to maintain the confidentiality of such information and to use it only for certain limited purposes. Employee agrees to hold all such confidential or
proprietary information in the strictest confidence and not to disclose it to any 

  
 2 

 
Person or to use it except as necessary in carrying out Employee’s work for the Company consistent with the Company’s agreement with such third party, the terms and conditions of which
shall be communicated by the Company to Employee on a timely basis. 
 (d) Notwithstanding Sections 2(a) through 2(c) above,
Employee shall not have any obligation to keep confidential any Confidential Information if and to the extent disclosure thereof is specifically required by law or governmental entity; provided, however, that in the event disclosure is
required by law or governmental entity, Employee shall, to the extent legally permissible, provide the Company with prompt notice of such requirement prior to making any disclosure so that the Company may seek an appropriate protective order. 

3. Inventions. 
 (a)
Inventions Retained and Licensed. Employee has attached hereto, as Exhibit A, a list describing all inventions, original works of authorship, developments, improvements, and trade secrets which were made by Employee prior to his
employment with a Company Party (collectively referred to as “Prior Inventions”), which belong to Employee, which relate to a Company Party’s proposed business, products or research and development, and which are not assigned
to the Company Party hereunder; or, if no such list is attached, Employee represents that there are no such Prior Inventions. If in the course of Employee’s employment with a Company Party, Employee incorporates into a Company product, process
or machine a Prior Invention owned by Employee or in which Employee has an interest, the Company is hereby granted and shall have a nonexclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use and sell such
Prior Invention as part of or in connection with such product, process or machine. 
 (b) Assignment of Inventions. Employee agrees
to promptly make full written disclosure to the Company, hold in trust for the sole right and benefit of the Company, and hereby assign to the Company, or its designee, all of Employee’s right, title, and interest in and to any and all
inventions, original works of authorship, developments, concepts, improvements or trade secrets, whether or not patentable or registrable under copyright or similar laws, which Employee may solely or jointly conceive or develop or reduce to
practice, or cause to be conceived or developed or reduced to practice, during the period of time Employee is in the employ of a Company Party (collectively referred to as “Inventions”). Employee further acknowledges that all
original works of authorship which are made by Employee (solely or jointly with others) within the scope of and during the period of Employee’s employment with a Company Party and which are protected by copyright are “works made for
hire,” as that term is defined in the United States Copyright Act. Employee shall not incorporate any invention, original work of authorship, development, concept, improvement, or trade secret known to Employee to be owned, in whole or in part,
by any third party, into any Invention without the Company’s prior written permission or at its direction. 
 (c) Inventions
Assigned to the United States. Employee agrees to assign to the United States government all rights, title, and interest in and to any and all Inventions whenever such full title is required to be in the United States by a contract between the
Company and the United States or any of its agencies. 

  
 3 

 (d) Maintenance of Records. Employee agrees to keep and maintain adequate and current
written records of all Inventions made by Employee (solely or jointly with others) during the term of Employee’s employment with a Company Party. The records will be in the form of notes, sketches, drawings, and any other format that may be
specified by the Company in writing. The records will be available to and remain the sole property of the Company at all times. 
 (e)
Patent and Copyright Registrations. Employee agrees to assist the Company, or its designee, at the Company’s expense, in every commercially reasonable way to secure the Company’s rights in the Inventions and any copyrights, patents,
mask work rights or other intellectual property rights relating thereto in any and all countries, including the disclosure to the Company of all pertinent information and data with respect thereto, the execution of all applications, specifications,
oaths, assignments and all other instruments which the Company shall deem necessary in order to apply for and obtain such rights and in order to assign and convey to the Company, its successors, assigns, and nominees the sole and exclusive rights,
title and interest in and to such Inventions, and any copyrights, patents, mask work rights or other intellectual property rights relating thereto. Employee further agrees to execute or cause to be executed, when it is in Employee’s power to do
so, any such instrument or papers after the termination of this Agreement. If the Company is unable because of Employee’s mental or physical incapacity or for any other reason to secure Employee’s signature to apply for or to pursue any
application for any United States or foreign patents or copyright registrations covering Inventions or original works of authorship assigned to the Company as above, then Employee hereby irrevocably designates and appoints the Company and its duly
authorized officers and agents as Employee’s agent and attorney in fact, to act for and on Employee’s behalf and stead solely to execute and file any such applications and to do all other lawfully permitted acts to further the prosecution
and issuance of letters patent or copyright registrations thereon in accordance with this Agreement with the same legal force and effect as if executed by Employee. 

(f) Returning Company Documents. Employee shall, at the time of leaving the employ of a Company Party, deliver to the Company (and
shall not keep in his possession, recreate or deliver to anyone else) any and all devices, records, data, notes, reports, proposals, lists, correspondence, specifications, drawings, blueprints, sketches, materials, equipment, other documents or
property, or reproductions of any aforementioned items developed by Employee pursuant to employment with a Company Party or otherwise belonging to a Company Party, its successors or assigns. In the event of the termination of Employee’s
employment, Employee agrees to sign and deliver the “Termination Certification” attached hereto as Exhibit B. 

(g) Notification of New Employer. In the event that Employee leaves the employ of a Company Party, Employee hereby grants consent to
notification by the Company to his new employer about Employee’s rights and obligations under this Agreement. 
 4. Non-Competition. During the Restricted Period, Employee shall not singly, jointly, or as a partner, member, employee, agent, officer, director, stockholder or equity holder (except as a holder, for investment
purposes only, of not more than three (3%) percent of the outstanding stock or other equity of any company or other entity listed on a national securities exchange, or actively traded in a national over-the-counter market), lender, consultant, 

  
 4 

 
independent contractor, or joint venturer of any other Person, or in any other capacity, directly or beneficially: own, manage, operate, join, Control, or participate in the ownership,
management, operation or Control of, or permit the use of his name by, or work for, or provide consulting, financial or other assistance to, a Competing Business anywhere in the Protected Territory. 

5. Non-Solicitation and No-Hire. 

(a) During the Restricted Period, Employee shall not: 

(i) employ, retain or engage (as an employee, consultant, or independent contractor), or induce or attempt to induce to be employed, retained
or engaged, any Person who is or was within twelve (12) months preceding the Termination Date an employee, consultant or independent contractor of any Company Party; 

(ii) solicit, divert, take away, or attempt to solicit, divert or take away, any Person who is a customer or supplier of any Company Party or
who otherwise is a contracting party with any Company Party, as of the date hereof or at any time during the period commencing on the date hereof and ending on the Termination Date, to a Competing Business; or 

(iii) induce or attempt to induce any Person who is a customer or supplier of any Company Party or who otherwise is a contracting party with
any Company Party, as of the date hereof or at any time during the period commencing on the date hereof and ending on the Termination Date, to reduce its patronage of such Company Party or to terminate any written or oral agreement or understanding
or other relationships with such Company Party. 
 6. Scope of Restrictions. The parties agree that the covenants set forth in this
Agreement shall be enforced to the fullest extent permitted by law. Accordingly if, in any judicial proceedings, a court shall determine that such covenant is unenforceable for any reason, including, without limitation, because it covers too
extensive a geographical area or survives too long a period of time, then the parties intend that any such covenant shall be deemed to cover only such maximum geographical area and maximum period of time, if applicable, and/or shall otherwise be
deemed to be limited in such manner, as will permit enforceability by such court. In the event that any one or more of such covenants shall, either by itself or together with other covenants be adjudged to go beyond what is reasonable in all the
circumstances for the protection of the interests of the Company Parties, but would be adjudged reasonable if any particular covenant or covenants or parts thereof were deleted, restricted, or limited in a particular manner, then the said covenants
shall apply with such deletions, restrictions, or limitations, as the case may be. The parties further agree that the covenants set forth in this Agreement are reasonable in all circumstances for the protection of the legitimate interests of the
Company Parties. 
 7. Miscellaneous. 

(a) Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the parties and their respective
successors and assigns. Employee shall not be 

  
 5 

 
permitted to assign any of its rights or obligations hereunder, directly or indirectly (by operation of law or otherwise), without the prior written consent of the Company, and any attempted
assignment without the required consents shall be void. The Employee agrees that: (i) each Company Party that is not a party to this Agreement is a third party beneficiary of the covenants and agreements made herein and (ii) each Company
Party that is not a party to this Agreement may enforce the provisions of this Agreement under and in accordance with this Agreement. 
 (b)
Entire Agreement; Amendments. This Agreement (together with any prior agreements entered into by Employee and any Company Party, which are related to confidentiality, invention assignment,
non-competition or non-solicitation) constitutes the full and entire understanding and agreement between the parties with regard to the subjects hereof and supersedes in
their entirety all other or prior agreements, whether oral or written, with respect thereto. Employee may enter into one or more agreements that contain restrictions relating to confidentiality, invention assignment,
non-competition or non-solicitation, each of which is intended to be separate and distinct and all of which are intended to be enforceable; provided that to the
extent any such restriction in one agreement is more restrictive on Employee (either in respect of scope or time) than any similar restriction contained in any other agreement, the parties intend for the more restrictive provision (as determined by
the Company) to be applied. The respective rights and obligations of the Company and Employee may be waived (either generally or in a particular instance, either retroactively or prospectively, and either for a specified period of time or
indefinitely) or amended only with the written consent of a duly authorized representative of the Company and Employee. 
 (c)
Notices. All demands, notices, requests, consents and other communications required or permitted under this Agreement shall be in writing and shall be personally delivered or sent by facsimile machine (with a confirmation copy sent by one of
the other methods authorized in this Section), reputable commercial overnight delivery service (including Federal Express and U.S. Postal Service overnight delivery service) or, deposited with the U.S. Postal Service mailed first class, registered
or certified mail, postage prepaid, as set forth below: 
 If to the Company, addressed to: 

Presidio, Inc. 
 1 Pennsylvania
Plaza, New York NY 10019 
 Attention: General Counsel 

Facsimile: (212) 652 - 10119 
 If
to Employee, to the address set forth in the signature block to this Agreement under Employee’s name or such other address as the Employee may specify to the Company in writing. 

Notices shall be deemed given upon the earlier to occur of (i) receipt by the party to whom such notice is directed; (ii) if sent by
facsimile machine, on the day (other than a Saturday, Sunday or legal holiday in the jurisdiction to which such notice is directed) such notice is sent if sent (as evidenced by the facsimile confirmed receipt) prior to 5:00 p.m. Eastern Time

  
 6 

 
and, if sent after 5:00 p.m. Eastern Time, on the day (other than a Saturday, Sunday or legal holiday in the jurisdiction to which such notice is directed) after which such notice is sent;
(iii) on the first business day (other than a Saturday, Sunday or legal holiday in the jurisdiction to which such notice is directed) following the day the same is deposited with the commercial courier if sent by commercial overnight delivery
service; or (iv) the fifth day (other than a Saturday, Sunday or legal holiday in the jurisdiction to which such notice is directed) following deposit thereof with the U.S. Postal Service as aforesaid. Each party, by notice duly given in
accordance herewith, may specify a different address for the giving of any notice hereunder. 
 (d) Governing Law. This Agreement,
and all claims or causes of action (whether in contract or tort) that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement (including any claim or cause of action based upon,
arising out of or related to any representation or warranty made in or in connection with this Agreement or as an inducement to enter into this Agreement), shall be construed and enforced in accordance with and governed by the laws of the State of
Delaware (without giving effect to any conflicts or choice of laws provisions thereof that would cause the application of the domestic substantive laws of any other jurisdiction). 

(e) Consent to Jurisdiction. 

(i) EACH OF THE PARTIES HERETO HEREBY CONSENTS TO THE EXCLUSIVE JURISDICTION OF THE CHANCERY COURTS OF THE STATE OF DELAWARE AND THE U.S.
DISTRICT COURT FOR THE DISTRICT OF DELAWARE, AS WELL AS TO THE JURISDICTION OF ALL COURTS TO WHICH AN APPEAL MAY BE TAKEN FROM SUCH COURTS, FOR THE PURPOSE OF ANY SUIT, ACTION OR OTHER PROCEEDING ARISING OUT OF, OR IN CONNECTION WITH, THIS
AGREEMENT. 
 (ii) EACH PARTY HEREBY EXPRESSLY WAIVES ANY AND ALL RIGHTS TO BRING ANY SUIT, ACTION OR OTHER PROCEEDING IN OR BEFORE ANY
COURT OR TRIBUNAL OTHER THAN THE COURTS DESCRIBED ABOVE AND COVENANTS THAT IT SHALL NOT SEEK IN ANY MANNER TO RESOLVE ANY DISPUTE OTHER THAN AS SET FORTH IN THIS SECTION 8(e) OR TO CHALLENGE OR SET ASIDE ANY DECISION, AWARD OR JUDGMENT OBTAINED IN
ACCORDANCE WITH THE PROVISIONS HEREOF. 
 (iii) EACH OF THE PARTIES HERETO HEREBY EXPRESSLY WAIVES ANY AND ALL OBJECTIONS IT MAY HAVE TO
VENUE, INCLUDING, WITHOUT LIMITATION, THE INCONVENIENCE OF SUCH FORUM, IN ANY OF SUCH COURTS. IN ADDITION, EACH OF THE PARTIES CONSENTS TO THE SERVICE OF PROCESS BY PERSONAL SERVICE OR ANY MANNER IN WHICH NOTICES MAY BE DELIVERED HEREUNDER IN
ACCORDANCE WITH SECTION 8(c) OF THIS AGREEMENT. 
 (f) Equitable Remedies. The parties hereto agree that irreparable harm would occur
in the event that any of the agreements and provisions of this Agreement were not performed fully by the parties hereto in accordance with their specific terms or conditions or 

  
 7 

 
were otherwise breached, and that money damages are an inadequate remedy for breach of this Agreement because of the difficulty of ascertaining and quantifying the amount of damage that will be
suffered by the parties hereto in the event that this Agreement is not performed in accordance with its terms or conditions or is otherwise breached. It is accordingly hereby agreed that the parties hereto shall be entitled, without the requirement
of posting a bond or other security, to seek an injunction or injunctions to restrain, enjoin and prevent breaches of this Agreement by the other parties and to seek to enforce specifically such terms and provisions of this Agreement, such remedy
being in addition to and not in lieu of, any other rights and remedies to which the other parties are entitled at law or in equity. 
 (g)
Waiver of Jury Trial. EACH OF THE PARTIES HERETO HEREBY VOLUNTARILY AND IRREVOCABLY WAIVES TRIAL BY JURY IN ANY ACTION OR OTHER PROCEEDING BROUGHT IN CONNECTION WITH THIS AGREEMENT OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREBY. 

(h) Severability; Titles and Subtitles; Gender; Singular and Plural; Counterparts; Facsimile. 

(i) In case any provision of this Agreement shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the
remaining provisions of this Agreement shall not in any way be affected or impaired thereby. 
 (ii) The titles of the sections and
subsections of this Agreement are for convenience of reference only and are not to be considered in construing this Agreement. 
 (iii) The
use of any gender in this Agreement shall be deemed to include the other genders, and the use of the singular in this Agreement shall be deemed to include the plural (and vice versa), wherever appropriate. 

(iv) This Agreement may be executed in any number of counterparts, and by the different parties hereto on separate counterparts hereof, each
of which shall be an original, and all of which together shall constitute one instrument. 
 (v) Counterparts of this Agreement (or
applicable signature pages hereof) that are manually signed and delivered by facsimile, Portable Document Format (PDF) or other electronic transmission shall be deemed to constitute and have the same legal effect as signed original counterparts
hereof and shall bind the parties signing and delivering in such manner. 
 (i) Expenses. In the event of any dispute relating to or
arising from this Agreement or its enforcement, the prevailing party in such dispute shall be entitled to recover from the non-prevailing party any and all costs and expenses (including without limitation
reasonable attorneys’ fees, court costs, arbitration costs, and fees of arbitrators) incurred in connection with litigating or arbitrating such dispute including any appeal therefrom. 

  
 8 

 [The remainder of this page is intentionally
left blank.] 

  
 9 

 IN WITNESS WHEREOF, the undersigned have executed this
Non-Competition, Non-Solicitation and No-Hire Agreement as of the date first written above. 

 

			
	COMPANY
	
	PRESIDIO, INC.
		
	By:	 	  

		 	Name:
		 	Title:

 
	
	EMPLOYEE
	
	  

 EXHIBIT A 

Inventions 

 EXHIBIT B 

TERMINATION CERTIFICATION 

This is to certify that I do not have in my possession, nor have I failed to return, any devices, records, data, notes, reports, proposals,
lists, correspondence, specifications, drawings, blueprints, sketches, materials, equipment, other documents or property, or reproductions of any aforementioned items belonging to Presidio, Inc. (the “Company”), except for Rolodex
and similar personal phone directories. 
 I further certify that I have complied with all of the terms of the Company’s Non-Competition, Non-Solicitation and No-Hire Agreement (the “Agreement”), signed by me, including the reporting of
any inventions and original works of authorship (as defined therein), conceived or made by me (solely or jointly with others) covered by the Agreement. 

I further agree that, in compliance with the Agreement, I will preserve as confidential all trade secrets, confidential knowledge, data or
other proprietary information relating to products, processes, know-how, designs, formulas, developmental or experimental work, computer programs, data bases, other original works of authorship, customer
lists, business plans, financial information or other subject matter pertaining to any business of the Company or any of its employees, clients, consultants or licensees to the extent provided in the Agreement. 

 

			
	Date:	 	
		
		 	  

		 	(Employee’s Signature)
		 	  

		 	(Type/Print Employee’s Name)

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