Document:

EX-10.12

 Exhibit 10.12 
  

 
  

			
	 	  	November 21, 2013
		
	To:	  	Cardtronics, Inc.
		  	3250 Briarpark Drive
		  	Suite 400
		  	Houston, Texas 77042
		  	Attn: Chris Brewster and Todd Ruden
		
	From:	  	Wells Fargo Securities, LLC
		  	375 Park Avenue, 4th Floor
		  	MAC J0127-041
		  	New York, NY 10152
		  	Attention: Derivatives Structuring Group
		  	Telephone: (212) 214-6101
		  	Facsimile: (212) 214-5913
		  	With a copy to CorpEqDerivSales@wellsfargo.com
		
		  	Trader’s Contact Information:
		
		  	Mark Kohn or Head Trader
		  	Telephone: (212) 214-6089
		  	Facsimile: (212) 214-8914
		
	Re:	  	Additional Issuer Warrant Transaction

 Ladies and Gentlemen: 

The purpose of this communication (this “Confirmation”) is to set forth the terms and conditions of the
above-referenced transaction entered into on the Trade Date specified below (the “Transaction”) between Wells Fargo Bank, National Association (“Dealer”) and Cardtronics, Inc. (“Issuer”). This
communication constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below.  
 1. This
Confirmation is subject to, and incorporates, the definitions and provisions of the 2006 ISDA Definitions (including the Annex thereto) (the “2006 Definitions”) and the definitions and provisions of the 2002 ISDA Equity Derivatives
Definitions (the “Equity Definitions”, and together with the 2006 Definitions, the “Definitions”), in each case as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). In
the event of any inconsistency between the 2006 Definitions and the Equity Definitions, the Equity Definitions will govern. For purposes of the Equity Definitions, each reference herein to a Warrant shall be deemed to be a reference to a Call Option
or an Option, as context requires. 
 This Confirmation evidences a complete and binding agreement between Dealer and Issuer as to
the terms of the Transaction to which this Confirmation relates. This Confirmation shall be subject to an agreement (the “Agreement”) in the form of the 2002 ISDA Master Agreement as if Dealer and Issuer had executed an agreement in
such form (without any Schedule but with the elections set forth in this Confirmation and the election that the “Cross-Default” provisions of Section 5(a)(vi) of the Agreement shall apply to Dealer with a “Threshold Amount”
of 3% of the stockholders’ equity of Dealer’s ultimate parent company (“Dealer Parent”) and to Issuer with a “Threshold Amount” of USD 30 million; provided that (A) the words “, or becoming capable at
such time of being declared,” shall be deleted from such Section 5(a)(vi), (B) the term “Specified Indebtedness” shall have the meaning specified in Section 14 of the Agreement, except that, with respect to Dealer, such
term shall not include obligations in respect of deposits received in the ordinary course of a party’s banking business and (C) the following language shall be added to the end of such 

 
Section 5(a)(vi): “Notwithstanding the foregoing, a default under subsection (2) hereof shall not constitute an Event of Default if (i) the default was caused solely by error
or omission of an administrative or operational nature; (ii) funds were available to enable the party to make the payment when due; and (iii) the payment is made within two Local Business Days of such party’s receipt of written notice
of its failure to pay.”). For the avoidance of doubt, the Transaction shall be the only transaction under the Agreement. 
 All
provisions contained in, or incorporated by reference to, the Agreement will govern this Confirmation except as expressly modified herein. In the event of any inconsistency between this Confirmation and either the Definitions or the Agreement, this
Confirmation shall govern. 
 2. The Transaction is a Warrant Transaction, which shall be considered a Share Option Transaction for purposes
of the Equity Definitions. The terms of the particular Transaction to which this Confirmation relates are as follows: 
 General Terms: 

 

					
		 	Trade Date:	  	November 21, 2013
			
		 	Components:	  	The Transaction will be divided into individual Components, each with the terms set forth in this Confirmation, and, in particular, with the Number of Warrants and Expiration Date set forth in this Confirmation. The payments and
deliveries to be made upon settlement of the Transaction will be determined separately for each Component as if each Component were a separate Transaction under the Agreement.
			
		 	Warrant Style:	  	European
			
		 	Warrant Type:	  	Call
			
		 	Seller:	  	Issuer
			
		 	Buyer:	  	Dealer
			
		 	Shares:	  	The common stock of Issuer, par value USD 0.0001 per share (Ticker Symbol: “CATM”).
			
		 	Number of Warrants:	  	For each Component, as provided in Annex A to this Confirmation.
			
		 	Warrant Entitlement:	  	One Share per Warrant
			
		 	Strike Price:	  	As provided in Annex A to this Confirmation.
			
		 		  	Notwithstanding anything to the contrary in the Agreement, this Confirmation or the Equity Definitions, in no event shall the Strike Price be subject to adjustment to the extent that, after giving effect to such adjustment, the
Strike Price would be less than USD 41.86, except for any adjustment pursuant to the terms of this Confirmation and the Equity Definitions in connection with stock splits or similar changes to Issuer’s capitalization.
			
		 	Premium:	  	As provided in Annex A to this Confirmation.
			
		 	Premium Payment Date:	  	November 25, 2013, subject to Section 8(p) below.
			
		 	Exchange:	  	NASDAQ Global Select Market
			
		 	Related Exchange:	  	All Exchanges

  
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	Procedures for Exercise:	  	
		
	 In respect of any Component:
	  	
			
		 	Expiration Time:	  	Valuation Time
			
		 	Expiration Date:	  	As provided in Annex A to this Confirmation (or, if such date is not a Scheduled Trading Day, the next following Scheduled Trading Day that is not already an Expiration Date for another Component); provided that if
that date is a Disrupted Day, the Expiration Date for such Component shall be the first succeeding Scheduled Trading Day that is not a Disrupted Day and is not or is not deemed to be an Expiration Date in respect of any other Component of the
Transaction hereunder; and provided further that if the Expiration Date has not occurred pursuant to the preceding proviso as of the Final Disruption Date, Dealer may elect in its discretion that the Final Disruption Date shall be the
Expiration Date (irrespective of whether such date is an Expiration Date in respect of any other Component for the Transaction) and, notwithstanding anything to the contrary in this Confirmation or the Definitions, the Relevant Price for such
Expiration Date shall be the prevailing market value per Share determined by the Calculation Agent in a commercially reasonable manner. “Final Disruption Date” has the meaning specified in Annex A to this Confirmation.
Notwithstanding the foregoing and anything to the contrary in the Equity Definitions, if a Market Disruption Event occurs on any Expiration Date, the Calculation Agent may determine that such Expiration Date is a Disrupted Day only in part, in which
case (i) the Calculation Agent shall make adjustments to the Number of Warrants for the relevant Component for which such day shall be the Expiration Date and shall designate the Scheduled Trading Day determined in the manner described in the
immediately preceding sentence as the Expiration Date for the remaining Warrants for such Component, and (ii) the VWAP Price for such Disrupted Day shall be determined by the Calculation Agent based on transactions in the Shares on such Disrupted
Day taking into account the nature and duration of such Market Disruption Event on such day. Any Scheduled Trading Day on which, as of the date hereof, the Exchange is scheduled to close prior to its normal close of trading shall be deemed not to be
a Scheduled Trading Day; if a closure of the Exchange prior to its normal close of trading on any Scheduled Trading Day is scheduled following the date hereof, then such Scheduled Trading Day shall be deemed to be a Disrupted Day in full. Section
6.6 of the Equity Definitions shall not apply to any Valuation Date occurring on an Expiration Date.
			
		 	Market Disruption Event:	  	Section 6.3(a) of the Equity Definitions is hereby amended (A) by deleting the words “during the one hour period that ends at the relevant Valuation Time, Latest Exercise Time, Knock-in Valuation Time or Knock-out Valuation
Time, as the case may be,” in clause (ii) thereof and (B) by replacing the words “or (iii) an Early Closure.” therein with “(iii) an Early Closure, or (iv) a Regulatory Disruption.”
			
		 		  	Section 6.3(d) of the Equity Definitions is hereby amended by deleting the remainder of the provision following the term “Scheduled Closing Time” in the fourth line thereof.
			
		 	Regulatory Disruption:	  	Any event that Dealer, in its reasonable judgment, based on advice of counsel, determines makes it advisable with regard to any applicable legal, regulatory or self-regulatory requirements, or with

  
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		 		  	related policies and procedures applicable to Dealer and the Transaction (whether or not such requirements, policies or procedures are imposed by law or have been voluntarily adopted by Dealer in good faith in relation to such
requirements), for Dealer to refrain from or decrease any market activity in connection with the Transaction. Dealer shall notify Issuer as soon as reasonably practicable that a Regulatory Disruption has occurred and the Expiration Dates affected by
it.
			
		 	Automatic Exercise:	  	Applicable; and means that the Number of Warrants for each Component will be deemed to be automatically exercised at the Expiration Time on the Expiration Date for such Component unless Dealer notifies Seller (by telephone or in
writing) prior to the Expiration Time on the Expiration Date that it does not wish Automatic Exercise to occur, in which case Automatic Exercise will not apply.
			
		 	Issuer’s Telephone Number and Telex and/or Facsimile Number and Contact Details for purpose of Giving Notice:	  	To be provided by Issuer.
		
	Settlement Terms:	  	
		
	 In respect of any Component:
	  	
			
		 	Settlement Method Election:	  	Applicable; provided that (i) references to “Physical Settlement” in Section 7.1 of the Equity Definitions shall be replaced by references to “Net Share Settlement”; (ii) Issuer may elect Cash Settlement only if
Issuer represents and warrants to Dealer in writing on the date of such election that (A) Issuer is not aware of any material nonpublic information regarding Issuer or the Shares, (B) Issuer is electing Cash Settlement in good faith and not as part
of a plan or scheme to evade compliance with the federal securities laws, and (C) the assets of Issuer at their fair valuation exceed the liabilities of Issuer, including contingent liabilities, and Issuer has the ability to pay its debts and
obligations as such debts mature; and (iii) the same settlement method shall apply to all Components hereunder.
			
		 	Electing Party:	  	Issuer
			
		 	Settlement Method Election Date:	  	The fifth Scheduled Trading Day immediately preceding the scheduled Expiration Date for the Component with the earliest scheduled Expiration Date.
			
		 	Default Settlement Method:	  	Net Share Settlement
			
		 	Settlement Currency:	  	USD
			
		 	Net Share Settlement:	  	If Net Share Settlement is applicable, on each Settlement Date, Issuer shall deliver to Dealer a number of Shares equal to the Number of Shares to be Delivered for such Settlement Date to the account specified by Dealer and cash in
lieu of any fractional shares valued at the Relevant Price on the Valuation Date corresponding to such Settlement Date.
			
		 	Number of Shares to be Delivered:	  	In respect of any Exercise Date, subject to the last sentence of Section 9.5 of the Equity Definitions, the product of (i) the number of Warrants exercised or deemed exercised on such Exercise Date,

  
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		 		  	(ii) the Warrant Entitlement and (iii) (A) the excess, if any, of the VWAP Price on the Valuation Date occurring on such Exercise Date over the Strike Price divided by (B) such VWAP Price.
			
		 		  	The Number of Shares to be Delivered shall be delivered by Issuer to Dealer no later than 1:00 P.M. (local time in New York City) on the relevant Settlement Date.
			
		 	Cash Settlement:	  	If Cash Settlement is applicable, on the relevant Settlement Date, Issuer shall pay to Dealer an amount of cash in USD (the “Option Cash Settlement Amount”) equal to the product of (i) the number of Warrants
exercised or deemed exercised on such Exercise Date, (ii) the Warrant Entitlement and (iii) the excess, if any, of the VWAP Price on the Valuation Date occurring on such Exercise Date over the Strike Price.
			
		 	VWAP Price:	  	For any Valuation Date, the Rule 10b-18 dollar volume weighted average price per Share for such Valuation Date based on transactions executed during such Valuation Date, as reported on Bloomberg Screen “CATM <Equity> AQR
SEC” (or any successor thereto) or, in the event such price is not so reported on such Valuation Date for any reason or is manifestly incorrect, as reasonably determined by the Calculation Agent using a volume weighted method.
			
		 	Settlement Dates:	  	As determined pursuant to Section 9.4 of the Equity Definitions; provided that Section 9.4 of the Equity Definitions is hereby amended by (i) inserting the words “or cash” immediately following the word
“Shares” in the first line thereof and (ii) inserting the words “for the Shares” immediately following the words “Settlement Cycle” in the second line thereof.
			
		 	Other Applicable Provisions:	  	If Net Share Settlement is applicable, the provisions of Sections 9.1(c), 9.8, 9.9, 9.10, 9.11 (except that the Representation and Agreement contained in Section 9.11 of the Equity Definitions shall be modified by excluding any
representations therein relating to restrictions, obligations, limitations or requirements under applicable securities laws arising as a result of the fact that Seller is the Issuer of the Shares) and 9.12 of the Equity Definitions will be
applicable as if “Physical Settlement” applied to the Transaction.
		
	Adjustments:	  	
		
	 In respect of any Component:
	  	
			
		 	Method of Adjustment:	  	Calculation Agent Adjustment
			
		 	Extraordinary Dividend:	  	Any Dividend (i) that has an ex-dividend date occurring on or after the Trade Date and on or prior to the date on which Issuer satisfies all of its delivery obligations hereunder and (ii) the amount or value of which exceeds the
Ordinary Dividend Amount for such Dividend, as determined by the Calculation Agent.
			
		 	Dividend:	  	Any dividend or distribution on the Shares (other than any dividend or distribution of the type described in Sections 11.2(e)(i), 11.2(e)(ii)(A) or 11.2(e)(ii)(B) of the Equity Definitions).
			
		 	Ordinary Dividend Amount:	  	USD 0.00.

  
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	Extraordinary Events:	  	
			
		 	Consequences of Merger Events:	  	
			
		 	 Merger Event:
	  	If an event occurs that constitutes both a Merger Event under Section 12.1(b) of the Equity Definitions and an Additional Termination Event under Section 8(m) of this Confirmation, the provisions of Section 12.2 of the Equity
Definitions shall apply.
			
		 	 (a)    Share-for-Share:
	  	Modified Calculation Agent Adjustment
			
		 	 (b)    Share-for-Other:
	  	Cancellation and Payment (Calculation Agent Determination)
			
		 	 (c)    Share-for-Combined:
	  	Component Adjustment
			
		 	Tender Offer:	  	Applicable; provided that Section 12.1(d) of the Equity Definitions is hereby amended by replacing “10%” with “25%”. If an event occurs that constitutes both a Tender Offer under Section 12.1(d) of the
Equity Definitions and an Additional Termination Event under Section 8(m) of this Confirmation, the provisions of Section 12.3 of the Equity Definitions shall apply.
			
		 	Consequences of Tender Offers:	  	
			
		 	 (a)    Share-for-Share:
	  	Modified Calculation Agent Adjustment
			
		 	 (b)    Share-for-Other:
	  	Cancellation and Payment (Calculation Agent Determination) on that portion of the Other Consideration that consists of cash; Modified Calculation Agent Adjustment on the remainder of the Other Consideration.
			
		 	 (c)    Share-for-Combined:
	  	Modified Calculation Agent Adjustment
			
		 	Modified Calculation Agent Adjustment:	  	If, in respect of any Merger Event to which Modified Calculation Agent Adjustment applies, the adjustments to be made in accordance with Section 12.2(e)(i) of the Equity Definitions would result in Issuer being different from the
issuer of the Shares, then with respect to such Merger Event, as a condition precedent to the adjustments contemplated in Section 12.2(e)(i) of the Equity Definitions, Dealer, the Issuer of the Affected Shares and the entity that will be the Issuer
of the New Shares shall, prior to the Merger Date, have entered into such documentation containing representations, warranties and agreements relating to securities law and other issues as requested by Dealer that Dealer has determined, in its
reasonable judgment, based on advice of counsel, to be reasonably necessary or appropriate to allow Dealer to continue as a party to the Transaction, as adjusted under Section 12.2(e)(i) of the Equity Definitions, and to preserve its commercially
reasonable hedging or hedge unwind activities in connection with the Transaction in a manner compliant with applicable legal, regulatory or self-regulatory requirements, or with related policies and procedures applicable to Dealer and the
Transaction (whether or not such requirements, policies or procedures are imposed by law or have been voluntarily adopted by Dealer in good faith in relation to such requirements), and if such conditions are not met or if the Calculation Agent
determines that no adjustment that it could make under Section 12.2(e)(i) of the Equity Definitions will produce a commercially reasonable result, then the consequences set forth in Section 12.2(e)(ii) of the Equity Definitions shall
apply.

  
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		  	Consequences of Announcement Events:	  	Modified Calculation Agent Adjustment as set forth in Section 12.3(d) of the Equity Definitions; provided that references to “Tender Offer” shall be replaced by references to “Announcement Event” and
references to “Tender Offer Date” shall be replaced by references to “date of such Announcement Event” and provided further that, in making any adjustment as a result of an Announcement Event, the Calculation Agent shall
take into account the Hedging Party’s commercially reasonable Hedge Positions. An Announcement Event shall be an “Extraordinary Event” for purposes of the Equity Definitions, to which Article 12 of the Equity Definitions is
applicable.
			
		  	Announcement Event:	  	(i) The public announcement of any Merger Event or Tender Offer or the intention to enter into a Merger Event or Tender Offer, (ii) the public announcement by Issuer of an intention to solicit or enter into, or to explore strategic
alternatives or other similar undertakings that are reasonably likely to include, a Merger Event or Tender Offer or (iii) any subsequent public announcement of a change to a transaction or intention that is the subject of an announcement of the type
described in clause (i) or (ii) of this sentence (in each case, if such announcement is made by, or on behalf of, Issuer, a counterparty to a proposed Merger Event with Issuer or the tendering party in a proposed Tender Offer).
			
		  	Announcement Date:	  	The definition of “Announcement Date” in Section 12.1 of the Equity Definitions is hereby amended by (i) replacing the words “a firm” with the word “any” in the second and fourth lines thereof, (ii)
replacing the word “leads to the” with the words “, if completed, would lead to a” in the third and the fifth lines thereof, (iii) replacing the words “voting shares” with the word “Shares” in the fifth line
thereof, and (iv) inserting the words “by any entity” after the word “announcement” in the second and the fourth lines thereof.
			
		  	New Shares:	  	In the definition of New Shares in Section 12.1(i) of the Equity Definitions, (a) the text in clause (i) thereof shall be deleted in its entirety (including the word “and” following such clause (i)) and replaced with
“publicly quoted, traded or listed on any of the New York Stock Exchange, The NASDAQ Global Select Market or The NASDAQ Global Market (or their respective successors),” and (b) the phrase “and (iii) issued by a corporation organized
under the laws of the United States, any State thereof or the District of Columbia” shall be inserted immediately prior to the period.
			
		  	Nationalization, Insolvency or Delisting:	  	Cancellation and Payment (Calculation Agent Determination); provided that in addition to the provisions of Section 12.6(a)(iii) of the Equity Definitions, it shall also constitute a Delisting if the Exchange is located in the
United States and the Shares are not immediately re-listed, re-traded or re-quoted on any of the New York Stock Exchange, The NASDAQ Global Select Market or The NASDAQ Global Market (or their respective successors); if the

  
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		 		  	Shares are immediately re-listed, re-traded or re-quoted on any such exchange or quotation system, such exchange or quotation system shall thereafter be deemed to be the Exchange.
			
		 	Additional Disruption Events:	  	
			
		 	 (a)    Change in Law:
	  	Applicable; provided that Section 12.9(a)(ii) is hereby amended by (i) adding the words “(including, for the avoidance of doubt and without limitation, any tax law or the adoption or promulgation of new regulations
authorized or mandated by existing statute)” after the word “regulation” in the second line thereof, (ii) replacing the phrase “the interpretation” in the third line thereof with the phrase “, or public announcement of,
the formal or informal interpretation”, (iii) adding the words “or any Hedge Positions” after the word “Shares” in the clause (X) thereof, (iv) by immediately following the word “Transaction” in clause (X) thereof,
adding the phrase “in the manner contemplated by the Hedging Party on the Trade Date” and (v) adding the words “, or holding, acquiring or disposing of Shares or any Hedge Positions relating,” after the word
“obligations” in clause (Y) thereof.
			
		 	 (b)    Failure to Deliver:
	  	Not Applicable
			
		 	 (c)    Insolvency Filing:
	  	Applicable
			
		 	 (d)    Hedging Disruption:
	  	Applicable; provided that:
			
		 		  	(i) Section 12.9(a)(v) of the Equity Definitions is hereby amended by (a) inserting the following words at the end of clause (A) thereof: “in the manner contemplated by the Hedging Party on the Trade Date” and (b)
inserting the following two sentences at the end of such Section:
			
		 		  	“For the avoidance of doubt, the term “equity price risk” shall be deemed to include, but shall not be limited to, stock price and volatility risk. And, for the further avoidance of doubt, any such transactions or
assets referred to in phrases (A) or (B) above must be available on commercially reasonable pricing terms.”; and
			
		 		  	(ii) Section 12.9(b)(iii) of the Equity Definitions is hereby amended by inserting in the third line thereof, after the words “to terminate the Transaction”, the words “or a portion of the Transaction affected by such
Hedging Disruption”.
			
		 	 (e)    Increased Cost of Hedging:
	  	Applicable
			
		 	 (f)     Loss of Stock Borrow:
	  	Applicable
			
		 	 Maximum Stock Loan Rate:
	  	As provided in Annex A to this Confirmation.
			
		 	 (g)    Increased Cost of Stock Borrow:
	  	Applicable
			
		 	 Initial Stock Loan Rate:
	  	As provided in Annex A to this Confirmation.
			
		 	Hedging Party:	  	Dealer for all applicable Potential Adjustment Events and Extraordinary Events
			
		 	Determining Party:	  	Dealer for all applicable Extraordinary Events
			
		 	Non-Reliance:	  	Applicable
			
		 	Agreements and Acknowledgments Regarding Hedging Activities:	  	Applicable

  
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		 	Additional Acknowledgments:	  	Applicable
			
		 	 3.      Calculation Agent:
	  	Dealer; provided that following the occurrence of an Event of Default of the type described in Section 5(a)(vii) of the Agreement with respect to which Dealer is the sole Defaulting Party, if the Calculation Agent fails to
timely make any calculation, adjustment or determination required to be made by the Calculation Agent hereunder or to perform any obligation of the Calculation Agent hereunder and such failure continues for five (5) Exchange Business Days following
notice to the Calculation Agent by Issuer of such failure, Issuer shall have the right to designate a nationally recognized third-party dealer in over-the-counter corporate equity derivatives to act, during the period commencing on the date such
Event of Default occurred and ending on the Early Termination Date with respect to such Event of Default, as the Calculation Agent. Upon request from Issuer, the Calculation Agent shall promptly (but in no event later than within five (5) Exchange
Business Days from the receipt of such request) provide Issuer with a written explanation describing in reasonable detail any calculation, adjustment or determination made by it (including any quotations, market data or information from external
sources used in making such calculation, adjustment or determination, as the case may be, but without disclosing Dealer’s proprietary models or other information that may be proprietary or subject to contractual, legal or regulatory obligations
to not disclose such information).
		 	 4.      Account Details:
	  	
			
		 	 Dealer Payment Instructions:
	  	Wells Fargo Bank, N.A.
		 		  	ABA 121-000-248
		 		  	Internal Acct No. 01020304464228
		 		  	A/C Name: WFB Equity Derivatives
			
		 	 Issuer Payment Instructions:
	  	To be provided by Issuer.
			
		 	 5.      Offices:
	  	
		
		 	The Office of Dealer for the Transaction is: Charlotte
		
		 	The Office of Issuer for the Transaction is: Not applicable
		
		 	 6.      Notices: For purposes of this Confirmation:

		
		 	 (a)        Address for notices or communications to Issuer:

		
		 	 Cardtronics, Inc.

		 	 3250 Briarpark Drive

		 	 Suite 400

		 	 Houston, Texas 77042

		 	 Attn: Chris Brewster

		 	 Telephone: (832) 308-4128

		 	 Email: cbrewster@cardtronics.com

		
		 	 Cardtronics, Inc.

		 	 3250 Briarpark Drive

		 	 Suite 400

		 	 Houston, Texas 77042

		 	 Attn: Todd Ruden

		 	 Telephone: (832) 308-4150

		 	 Email: truden@cardtronics.com

  
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		 	 With a copy to:

		
		 	 Cardtronics, Inc.

		 	 3250 Briarpark Drive

		 	 Suite 400

		 	 Houston, Texas 77042

		 	 Attn: Michael Keller

		 	 Telephone: (832) 308-4161

		 	 Email: mkeller@cardtronics.com

		
		 	 (b)       Address for notices or communications to Dealer:

		
		 	 Wells Fargo Securities, LLC

		 	 375 Park Avenue, 4th Floor

		 	 MAC J0127-041

		 	 New York, NY 10152

		 	 Attention: Derivatives Structuring Group

		 	 Telephone: (212) 214-6101

		 	 Facsimile: (212) 214-5913

		 	 With a copy to CorpEqDerivSales@wellsfargo.com

		
		 	 Trader’s Contact Information:

		 	 Mark Kohn or Head Trader

		 	 Telephone: (212) 214-6089

		 	 Facsimile: (212) 214-8914

  

	 	7.	Representations, Warranties and Agreements: 

 (a) In addition to the representations and
warranties in the Agreement and those contained elsewhere herein, Issuer represents and warrants to and for the benefit of, and agrees with, Dealer as follows: 

(i) On the Trade Date, and as of the date of any election by Issuer of the Share Termination Alternative under (and as defined
in) Section 8(a) below, Issuer is not aware of any material nonpublic information regarding Issuer or the Shares. 

(ii) Without limiting the generality of Section 13.1 of the Equity Definitions, Issuer acknowledges that Dealer is not
making any representations or warranties or taking any position or expressing any view with respect to the treatment of the Transaction under any accounting standards including ASC Topic 260, Earnings Per Share, ASC Topic 815, Derivatives
and Hedging, or ASC Topic 480, Distinguishing Liabilities from Equity and ASC 815-40, Derivatives and Hedging – Contracts in Entity’s Own Equity (or any successor issue statements) or under FASB’s
Liabilities & Equity Project. 
 (iii) Prior to the Trade Date, Issuer shall deliver to Dealer a resolution of
Issuer’s board of directors authorizing the Transaction and such other certificate or certificates as Dealer shall reasonably request. 

(iv) Issuer is not entering into this Confirmation to create actual or apparent trading activity in the Shares (or any security
convertible into or exchangeable for Shares) or to raise or depress or otherwise manipulate the price of the Shares (or any security convertible into or exchangeable for Shares) in violation of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”) or any other applicable securities laws. 
 (v) Issuer is not, and after giving effect to
the transactions contemplated hereby will not be, required to register as an “investment company” as such term is defined in the Investment Company Act of 1940, as amended. 

(vi) On the Trade Date, (A) the assets of Issuer at their fair valuation exceed the liabilities of Issuer, including
contingent liabilities, (B) the capital of Issuer is adequate to conduct the business of Issuer and (C) Issuer has the ability to pay its debts and obligations as such debts mature and does not intend to, or does not believe that it will,
incur debt beyond its ability to pay as such debts mature. 

  
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 (vii) Issuer shall not take any action to decrease the number of Available Shares
below the Capped Number (each as defined below). 
 (viii) The representations and warranties of Issuer set forth in
Section 3 of the Agreement and Section 1 of the Purchase Agreement dated as of November 19, 2013, between Issuer and Merrill Lynch, Pierce, Fenner & Smith Incorporated as representative of the Initial Purchasers party thereto
(the “Purchase Agreement”) are true and correct and are hereby deemed to be repeated to Dealer as if set forth herein. 

(ix) Issuer understands no obligations of Dealer to it hereunder will be entitled to the benefit of deposit insurance and that
such obligations will not be guaranteed by any affiliate of Dealer or any governmental agency. 
 (x) (A) During the period
starting on the first Expiration Date and ending on the last Expiration Date (the “Settlement Period”), the Shares or securities that are convertible into, or exchangeable or exercisable for, Shares will not be subject to a
“restricted period,” as such term is defined in Regulation M under the Exchange Act (“Regulation M”) and (B) Issuer shall not engage in any “distribution,” as such term is defined in Regulation M, other than
a distribution meeting the requirements of the exceptions set forth in sections 101(b)(10) and 102(b)(7) of Regulation M, until the second Exchange Business Day immediately following the Settlement Period, as applicable. 

(xi) On each day during the Settlement Period, Issuer will not, will cause its subsidiaries not to and will use commercially
reasonable efforts to cause its other “affiliated purchasers” (as defined in Rule 10b-18 under the Exchange Act (“Rule 10b-18”)) not to, directly or indirectly (including, without limitation, by means of any cash-settled
or other derivative instrument) purchase, offer to purchase, place any bid or limit order that would effect a purchase of, or commence any tender offer relating to, any Shares (or an equivalent interest, including a unit of beneficial interest in a
trust or limited partnership or a depository share) or any security convertible into or exchangeable or exercisable for Shares, except through Dealer. 

(xii) On the Trade Date and at all times until termination or earlier expiration of the Transaction, (A) a number of
Shares equal to the Capped Number have been reserved for issuance by all required corporate action of Issuer, (B) the Shares issuable upon exercise of the Warrants (the “Warrant Shares”) have been duly authorized and, when
delivered against payment therefor (which may include Net Share Settlement in lieu of cash) and otherwise as contemplated by the terms of the Warrant following the exercise of the Warrant in accordance with the terms and conditions of the Warrant,
will be validly issued, fully-paid and non-assessable and (C) the issuance of the Warrant Shares will not be subject to any preemptive or similar rights. 

(xiii) To the best of Issuer’s knowledge, no state or local (including non-U.S. jurisdictions) law, rule, regulation or
regulatory order applicable to the Shares would give rise to any reporting, consent, registration or other requirement (including without limitation a requirement to obtain prior approval from any person or entity) as a result of Dealer or its
affiliates owning or holding (however defined) Shares. 
 (xiv) Issuer (A) is capable of evaluating investment risks
independently, both in general and with regard to all transactions and investment strategies involving a security or securities; (B) will exercise independent judgment in evaluating the recommendations of any broker-dealer or its associated
persons, unless it has otherwise notified the broker-dealer in writing; and (C) has total assets of at least $50 million. 

(xv) Without limiting the generality of Section 3(a) of the Agreement, neither the execution and delivery of this
Confirmation nor the incurrence or performance of obligations of Issuer hereunder will conflict with or result in a breach of the certificate of incorporation or by-laws (or any equivalent documents) of Issuer, or any applicable law or regulation,
or any order, writ, injunction or decree of any court or governmental authority or agency, or any agreement or instrument filed as an exhibit to Issuer’s Annual Report on Form 10-K for the year ended December 31, 2012, as updated by any
subsequent filings, to which Issuer or any of its subsidiaries is a party or by which Issuer or any of its subsidiaries is bound or to which Issuer or any of its subsidiaries is subject, or constitute a default under, or result in the creation of
any lien under, any such agreement or instrument. 
 (xvi) An application for the listing of the Warrant Shares has been
submitted to the Exchange. 
 (xvii) Issuer understands, acknowledges and agrees that: (A) at any time during the term
of the Transaction, Dealer and its affiliates may buy or sell Shares or other securities or buy or sell options or futures contracts or enter into swaps or other derivative securities in order to adjust its hedge position with respect to

  
 11 

 
the Transaction; (B) Dealer and its affiliates also may be active in the market for Shares other than in connection with hedging activities in relation to the Transaction; (C) Dealer
shall make its own determination as to whether, when or in what manner any hedging or market activities in securities of Issuer shall be conducted and shall do so in a manner that it deems appropriate to hedge its price and market risk with respect
to the relevant prices with respect to the Shares referred to herein; and (D) any market activities of Dealer and its affiliates with respect to Shares may affect the market price and volatility of Shares, as well as the relevant prices with
respect to the shares referred to herein, each in a manner that may be adverse to Issuer. 
 (b) Each of Dealer and Issuer agrees and
represents that it is an “eligible contract participant” as defined in Section 1a(18) of the U.S. Commodity Exchange Act, as amended. 

(c) Each of Dealer and Issuer acknowledges that the offer and sale of the Transaction to it is intended to be exempt from registration
under the Securities Act of 1933, as amended (the “Securities Act”), by virtue of Section 4(2) thereof. Accordingly, Dealer represents and warrants to Issuer that (i) it has the financial ability to bear the economic risk
of its investment in the Transaction and is able to bear a total loss of its investment, (ii) it is an “accredited investor” as that term is defined in Regulation D as promulgated under the Securities Act, (iii) it is entering
into the Transaction for its own account without a view to the distribution or resale thereof and (iv) the assignment, transfer or other disposition of the Transaction has not been and will not be registered under the Securities Act and is
restricted under this Confirmation, the Securities Act and state securities laws. 
 (d) Issuer agrees and acknowledges that
Dealer has informed Issuer that Dealer is a “financial institution” and “financial participant” within the meaning of Sections 101(22) and 101(22A) of Title 11 of the United States Code (the “Bankruptcy Code”).
The parties hereto further agree and acknowledge that it is the intent of the parties that (A) this Confirmation is a “securities contract,” as such term is defined in Section 741(7) of the Bankruptcy Code, with respect to which
each payment and delivery hereunder or in connection herewith is a “termination value,” “payment amount” or “other transfer obligation” within the meaning of Section 362 of the Bankruptcy Code and a
“settlement payment,” within the meaning of Section 546 of the Bankruptcy Code, and (B) Dealer is entitled to the protections afforded by, among other sections, Sections 362(b)(6), 362(o), 546(e), 548(d)(2), 555 and 561 of the
Bankruptcy Code.  
 (e) Issuer shall deliver to Dealer an opinion of counsel, dated as of November 25, 2013, in substantially
the form agreed between Issuer and Dealer. 
 8. Other Provisions: 

(a) Alternative Calculations and Payment on Early Termination and on Certain Extraordinary Events. If Issuer shall owe Dealer any
amount pursuant to Sections 12.2, 12.3, 12.6, 12.7 or 12.9 of the Equity Definitions or pursuant to Section 6(d)(ii) of the Agreement (a “Payment Obligation”), Issuer shall have the right, in its sole discretion,
to satisfy any such Payment Obligation by the Share Termination Alternative (as defined below) by giving irrevocable telephonic notice to Dealer, confirmed in writing within one Scheduled Trading Day, no later than the later of (x) 9:30 A.M.
New York City time on the Merger Date, Tender Offer Date, Announcement Date, Early Termination Date or date of cancellation or termination in respect of an Extraordinary Event, as applicable, and (y) two hours after becoming aware of the
relevant event or date; provided that, in the case of this clause (y), if such notice would otherwise be given during the regular trading session on the Exchange, such notice shall instead be given after the close of the regular trading
session on the Exchange (in either case, “Notice of Share Termination”); provided that if Issuer does not elect to satisfy its Payment Obligation by the Share Termination Alternative, Dealer shall have the
right, in its sole discretion, to elect to require Issuer to satisfy its Payment Obligation by the Share Termination Alternative, notwithstanding Issuer’s failure to elect or election to the contrary; and provided further that Issuer
shall not have the right to so elect (but, for the avoidance of doubt, Dealer shall have the right to so elect) in the event of (i) an Insolvency, a Nationalization, a Tender Offer or a Merger Event, in each case, in which the consideration or
proceeds to be paid to holders of Shares consists solely of cash or (ii) an Event of Default in which Issuer is the Defaulting Party or a Termination Event in which Issuer is the Affected Party, which Event of Default or Termination Event
resulted from an event or events within Issuer’s control. Upon such Notice of Share Termination, the following provisions shall apply on the Scheduled Trading Day immediately following the Merger Date, the Tender Offer Date, Announcement Date,
Early Termination Date or date of cancellation or termination in respect of an Extraordinary Event, as applicable: 
  

			
	Share Termination Alternative:	  	Applicable and means that Issuer shall deliver to Dealer the Share Termination Delivery Property on the date on which the Payment Obligation would otherwise be due pursuant to Section 12.7 or 12.9 of the Equity Definitions or
Section 6(d)(ii) of the Agreement, as applicable (the “Share Termination Payment Date”), in satisfaction of the Payment Obligation.

  
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	Share Termination Delivery Property:	  	A number of Share Termination Delivery Units, as calculated by the Calculation Agent, equal to the Payment Obligation divided by the Share Termination Unit Price. The Calculation Agent shall adjust the Share Termination Delivery
Property by replacing any fractional portion of the aggregate amount of a security therein with an amount of cash equal to the value of such fractional security based on the values used to calculate the Share Termination Unit Price.
		
	Share Termination Unit Price:	  	The value of property contained in one Share Termination Delivery Unit on the date such Share Termination Delivery Units are to be delivered as Share Termination Delivery Property, as determined by the Calculation Agent in its
discretion by commercially reasonable means and notified by the Calculation Agent to Issuer at the time of notification of the Payment Obligation.
		
	Share Termination Delivery Unit:	  	In the case of a Termination Event, Event of Default, Delisting or Additional Disruption Event, one Share or, in the case of an Insolvency, Nationalization, Merger Event or Tender Offer, one Share or a unit consisting of the number
or amount of each type of property received by a holder of one Share (without consideration of any requirement to pay cash or other consideration in lieu of fractional amounts of any securities) in such Insolvency, Nationalization, Merger Event or
Tender Offer, as applicable. If such Insolvency, Nationalization, Merger Event or Tender Offer involves a choice of consideration to be received by holders, such holder shall be deemed to have elected to receive the maximum possible amount of
cash.
		
	Other applicable provisions:	  	If Share Termination Alternative is applicable, the provisions of Sections 9.8, 9.9, 9.10, 9.11 (except that the Representation and Agreement contained in Section 9.11 of the Equity Definitions shall be modified by excluding any
representations therein relating to restrictions, obligations, limitations or requirements under applicable securities laws arising as a result of the fact that Seller is the issuer of the Shares or any portion of the Share Termination Delivery
Units) and 9.12 of the Equity Definitions will be applicable as if “Physical Settlement” applied to the Transaction, except that all references to “Shares” shall be read as references to “Share Termination Delivery
Units”.

 (b) Registration/Private Placement Procedures. (i) If, in the good faith reasonable judgment of
Dealer based on advice of counsel, any Shares or any securities of Issuer or its affiliates comprising any Share Termination Delivery Units deliverable to Dealer hereunder (any such Shares or securities, “Delivered Securities”)
would not be immediately freely transferable by Dealer under Rule 144 under the Securities Act, other than as a result of Dealer being an “affiliate” (as defined in Rule 144(a)(1) under the Securities Act) of Issuer, then the provisions
set forth in this Section 8(b) shall apply. At the election of Issuer by notice to Dealer within one Scheduled Trading Day after the relevant delivery obligation arises, but in any event at least one Scheduled Trading Day prior to the date on
which such delivery obligation is due, either (A) all Delivered Securities delivered by Issuer to Dealer shall be, at the time of such delivery, covered by an effective registration statement of Issuer for immediate resale by Dealer (such
registration statement and the corresponding prospectus (the “Prospectus”) (including, without limitation, any sections describing the plan of distribution) in form and content commercially reasonably satisfactory to Dealer) or
(B) Issuer shall deliver additional Delivered Securities so that the value of such Delivered Securities, as determined by the Calculation Agent to reflect a commercially reasonable liquidity discount, equals the value of the number of Delivered
Securities that would otherwise be deliverable if such Delivered Securities were freely tradeable (without prospectus delivery) upon receipt by Dealer (such value, the “Freely Tradeable Value”); provided that Issuer may not
make the election described in this clause (B) if, on the date of its election, it has taken, or caused to be taken, any action that would make unavailable either the exemption pursuant to Section 4(2) of the Securities Act for the
delivery by Issuer to Dealer (or any affiliate designated by Dealer) of the Delivered Securities or the exemption pursuant to Section 4(1) or Section 4(3) of the Securities Act for resales of the Delivered Securities by Dealer (or any such
affiliate of Dealer). (For the avoidance of doubt, as used in this paragraph (b) only, the term “Issuer” shall mean the issuer of the relevant securities, as the context shall require.) 

  
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 (ii) If Issuer makes the election described in clause (b)(i)(A) above: 

(A) Dealer (or an affiliate of Dealer designated by Dealer) shall be afforded a reasonable opportunity to conduct a due
diligence investigation with respect to Issuer that is customary in scope for underwritten offerings of equity securities of similar size for similarly situated issuers and that yields results that are commercially reasonably satisfactory to Dealer
or such affiliate, as the case may be, in its discretion; and 
 (B) Dealer (or an affiliate of Dealer designated by Dealer)
and Issuer shall enter into an agreement (a “Registration Agreement”) on commercially reasonable terms in connection with the public resale of such Delivered Securities by Dealer or such affiliate substantially similar to
underwriting agreements customary for underwritten offerings of equity securities of similar size for similarly situated issuers, in form and substance commercially reasonably satisfactory to Dealer or such affiliate and Issuer, which Registration
Agreement shall include, without limitation, provisions substantially similar to those customarily contained in such underwriting agreements relating to the indemnification of, and contribution in connection with the liability of, Dealer and its
affiliates and Issuer, shall provide for the payment by Issuer of all expenses in connection with such resale, including all registration costs and all fees and expenses of counsel for Dealer and such affiliate, and shall provide for the delivery of
accountants’ “comfort letters” in customary form for registered offerings of equity securities of similar size for a similarly situated issuer to Dealer and such affiliate with respect to the financial statements and certain financial
information contained in or incorporated by reference into the Prospectus. 
 (iii) If Issuer makes the election described in clause
(b)(i)(B) above: 
 (A) Dealer (or an affiliate of Dealer designated by Dealer) and any potential institutional purchaser of
any such Delivered Securities from Dealer or such affiliate identified by Dealer shall be afforded a commercially reasonable opportunity to conduct a due diligence investigation in compliance with applicable law with respect to Issuer customary in
scope for private placements of equity securities (including, without limitation, the right to have made available to them for inspection all financial and other records, pertinent corporate documents and other information reasonably requested by
them); 
 (B) Dealer (or an affiliate of Dealer designated by Dealer) and Issuer shall enter into an agreement (a
“Private Placement Agreement”) on commercially reasonable terms in connection with the private placement of such Delivered Securities by Issuer to Dealer or such affiliate and the private resale of such shares by Dealer or such
affiliate, substantially similar to private placement purchase agreements customary for private placements of equity securities of similar size for similarly situated issuers, in form and substance commercially reasonably satisfactory to Dealer and
Issuer, which Private Placement Agreement shall include, without limitation, provisions substantially similar to those customarily contained in such private placement purchase agreements, if any, relating to the indemnification of, and contribution
in connection with the liability of, Dealer and its affiliates and Issuer, shall provide for the payment by Issuer of all expenses in connection with such resale, including all fees and expenses of counsel for Dealer, shall contain representations,
warranties and agreements of Issuer reasonably necessary or advisable to establish and maintain the availability of an exemption from the registration requirements of the Securities Act for such resales, and shall use best efforts to provide for the
delivery of accountants’ “comfort letters” to Dealer or such affiliate with respect to the financial statements and certain financial information contained in or incorporated by reference into the offering memorandum prepared for the
resale of such Shares; and 
 (C) Issuer agrees that any Delivered Securities so delivered to Dealer, (i) may be
transferred by and among Dealer and its affiliates that are 100% owned direct or indirect subsidiaries of Dealer Parent, and Issuer shall effect such transfer without any further action by Dealer if such transfer would then comply with applicable
securities laws and (ii) after the minimum “holding period” within the meaning of Rule 144(d) under the Securities Act has elapsed with respect to such Delivered Securities, Issuer shall promptly remove, or cause the transfer agent
for such Shares or securities to remove, any legends referring to any such restrictions or requirements from such Delivered Securities upon delivery by Dealer (or such affiliate of Dealer) to Issuer or such transfer agent of seller’s and
broker’s representation letters customarily delivered by Dealer in connection with resales of restricted securities pursuant to Rule 144 under the Securities Act, without any further requirement for the delivery of any other certificate,
consent, agreement, opinion of counsel, notice or any other document, any transfer tax stamps or payment of any other amount or any other action by Dealer (or such affiliate of Dealer). 

(D) Issuer shall not take, or cause to be taken, any action that it reasonably believes would make unavailable either the
exemption pursuant to Section 4(2) of the Securities Act for the sale by Issuer to Dealer (or any affiliate designated by Dealer) of the Shares or Share Termination Delivery Units, as the case may be, or the exemption pursuant to
Section 4(1) or Section 4(3) of the Securities Act for resales of the Shares or Share Termination Delivery Units, as the case may be, by Dealer (or any such affiliate of Dealer). 

  
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 (c) Make-whole. If Issuer makes the election described in clause (b)(i)(B) of paragraph
(b) of this Section 8, then Dealer or its affiliate may sell such Shares or Share Termination Delivery Units, as the case may be, during a period (the “Resale Period”) commencing on the Exchange Business Day following
delivery of such Shares or Share Termination Delivery Units, as the case may be, and ending on the Exchange Business Day on which Dealer completes the sale of all such Shares or Share Termination Delivery Units, as the case may be, or a sufficient
number of Shares or Share Termination Delivery Units, as the case may be, so that the realized net proceeds of such sales exceed the Freely Tradeable Value (such amount of the Freely Tradeable Value, the “Required Proceeds”). If any
of such delivered Shares or Share Termination Delivery Units remain after such realized net proceeds exceed the Required Proceeds, Dealer shall return such remaining Shares or Share Termination Delivery Units to Issuer. If the Required Proceeds
exceed the realized net proceeds from such resale after all such Shares or Share Termination Delivery Units are so sold, Issuer shall transfer to Dealer on or prior to the second Scheduled Trading Day immediately following receipt of written notice
from Dealer of the amount of such excess (the “Additional Amount”) cash in an amount equal to the Additional Amount or a number of additional Shares or Share Termination Delivery Units, as the case may be, (“Make-whole
Shares”) in an amount that, based on the Relevant Price on the last day of the Resale Period (as if such day was the “Valuation Date” for purposes of computing such Relevant Price), has a dollar value equal to the Additional
Amount. The Resale Period shall continue to enable the sale of the Make-whole Shares in the manner contemplated by this Section 8(c). This provision shall be applied successively until the Additional Amount is equal to zero, subject to
Section 8(e). 
 (d) Beneficial Ownership. Notwithstanding anything to the contrary in the Agreement or this Confirmation, in no
event shall Dealer be entitled to receive, or shall be deemed to receive, any Shares in connection with this Transaction if, immediately upon giving effect to such receipt of such Shares, (i) Dealer’s Beneficial Ownership would be equal to
or greater than 7.5% of the outstanding Shares, (ii) the Warrant Equity Percentage exceeds 14.5%, (iii) Dealer, or any “affiliate” or “associate” of Dealer, would be an “interested stockholder” of Issuer, as
all such terms are defined in Section 203 of the Delaware General Corporation Law or (iv) Dealer, Dealer Group (as defined below) or any person whose ownership position would be aggregated with that of Dealer or Dealer Group (Dealer,
Dealer Group or any such person, a “Dealer Person”) under any federal, state or local laws, regulations, regulatory orders or organizational documents or contracts of Issuer that are, in each case, applicable to ownership of Shares
(“Applicable Restrictions”), owns, beneficially owns, constructively owns, controls, holds the power to vote or otherwise meets a relevant definition of ownership in excess of a number of Shares equal to (x) the number of
Shares that would give rise to reporting or registration obligations or other requirements (including obtaining prior approval by a state or federal regulator) of a Dealer Person, or could result in an adverse effect on a Dealer Person, under
Applicable Restrictions, as determined by Dealer in its reasonable discretion, and with respect to which such requirements have not been met or the relevant approval has not been received or that would give rise to any consequences under the
constitutive documents of Issuer or any contract or agreement to which Issuer is a party, in each case minus (y) 1% of the number of Shares outstanding on the date of determination (each of clause (i), (ii), (iii) and
(iv) above, an “Ownership Limitation”). If any delivery owed to Dealer hereunder is not made, in whole or in part, as a result of an Ownership Limitation, Dealer’s right to receive such delivery shall not be extinguished
and Issuer shall make such delivery as promptly as practicable after, but in no event later than one Exchange Business Day after, Dealer gives notice to Issuer that such delivery would not result in any of such Ownership Limitations being breached.
“Dealer’s Beneficial Ownership” means the “beneficial ownership” (within the meaning of Section 13 of the Exchange Act and the rules promulgated thereunder (collectively, “Section 13”)) of
Shares, without duplication, by Dealer, together with any of its affiliates or other person subject to aggregation with Dealer under Section 13 for purposes of “beneficial ownership”, or by any “group” (within the meaning of
Section 13) of which Dealer is or may be deemed to be a part (Dealer and any such affiliates, persons and groups, collectively, “Dealer Group”) (or, to the extent that, as a result of a change in law, regulation or
interpretation after the date hereof, the equivalent calculation under Section 16 of the Exchange Act and the rules and regulations thereunder results in a higher number, such number). Notwithstanding anything in the Agreement or this
Confirmation to the contrary, Dealer (or the affiliate designated by Dealer pursuant to Section 8(l) below) shall not become the record or beneficial owner, or otherwise have any rights as a holder, of any Shares that Dealer (or such affiliate)
is not entitled to receive at any time pursuant to this Section 8(d), until such time as such Shares are delivered pursuant to this Section 8(d). The “Warrant Equity Percentage” as of any day is the fraction, expressed as
a percentage, (A) the numerator of which is the sum of (1) the product of the Number of Warrants and the Warrant Entitlement and (2) the aggregate number of Shares underlying any other warrants purchased by Dealer from Issuer, and
(B) the denominator of which is the number of Shares outstanding. 

  
 15 

 (e) Limitations on Settlement by Issuer. Notwithstanding anything herein or in the
Agreement to the contrary, in no event shall Issuer be required to deliver Shares in connection with the Transaction in excess of the Capped Number of Shares (as provided in Annex A to this Confirmation), subject to adjustment from time to time in
accordance with the provisions of this Confirmation or the Definitions resulting from actions of Issuer or events within Issuer’s control (the “Capped Number”). Issuer represents and warrants to Dealer (which
representation and warranty shall be deemed to be repeated on each day that the Transaction is outstanding) that the Capped Number is equal to or less than the number of authorized but unissued Shares of the Issuer that are not reserved for future
issuance in connection with transactions in the Shares (other than the Transaction) on the date of the determination of the Capped Number (such Shares, the “Available Shares”). In the event Issuer shall not have
delivered the full number of Shares otherwise deliverable as a result of this Section 8(e) (the resulting deficit, the “Deficit Shares”), Issuer shall be continually obligated to deliver, from time to time until
the full number of Deficit Shares have been delivered pursuant to this paragraph, Shares when, and to the extent, that (i) Shares are repurchased, acquired or otherwise received by Issuer or any of its subsidiaries after the Trade Date (whether
or not in exchange for cash, fair value or any other consideration), (ii) authorized and unissued Shares reserved for issuance in respect of other transactions prior to such date which prior to the relevant date become no longer so reserved or
(iii) Issuer additionally authorizes any unissued Shares that are not reserved for other transactions. Issuer shall immediately notify Dealer of the occurrence of any of the foregoing events (including the number of Shares subject to clause
(i), (ii) or (iii) and the corresponding number of Shares to be delivered) and promptly deliver such Shares thereafter. 

(f) Right to Extend. The Calculation Agent may postpone or add, in whole or in part, any Exercise Date or Settlement Date or any
other date of valuation or delivery with respect to some or all of the relevant Warrants (in which event the Calculation Agent shall make appropriate adjustments to the Number of Shares to be Delivered or the Option Cash Settlement Amount, as
applicable, with respect to one or more Components), if Dealer reasonably determines, based on advice of counsel in the case of the immediately following clause (ii), that such postponement or addition is reasonably necessary or appropriate to
(i) preserve Dealer’s commercially reasonable hedging or hedge unwind activity hereunder in light of existing liquidity conditions in the cash market, the stock loan market or any other relevant market (but only if there is a material
decrease in liquidity relative to Dealer’s expectations as of the Trade Date) or (ii) to enable Dealer to effect purchases of Shares in connection with its commercially reasonable hedging, hedge unwind or settlement activity hereunder in a
manner that would, if Dealer were Issuer or an affiliated purchaser of Issuer, be in compliance with applicable legal, regulatory or self-regulatory requirements, or with related policies and procedures applicable to Dealer and the Transaction
(whether or not such requirements, policies or procedures are imposed by law or have been voluntarily adopted by Dealer in good faith in relation to such requirements). 

(g) Equity Rights. Dealer acknowledges and agrees that this Confirmation is not intended to convey to it rights with respect to
the Transaction that are senior to the claims of common stockholders in the event of Issuer’s bankruptcy. For the avoidance of doubt, the parties agree that the preceding sentence shall not apply at any time other than during Issuer’s
bankruptcy to any claim arising as a result of a breach by Issuer of any of its obligations under this Confirmation or the Agreement. For the avoidance of doubt, the parties acknowledge that this Confirmation is not secured by any collateral that
would otherwise secure the obligations of Issuer herein under or pursuant to any other agreement. 
 (h) Amendments to Equity
Definitions. The following amendments shall be made to the Equity Definitions: 
 (i) Section 11.2(a) of the Equity
Definitions is hereby amended by deleting the words “an event having, in the determination of the Calculation Agent, a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words
“a Potential Adjustment Event”; 
 (ii) The first sentence of Section 11.2(c) of the Equity Definitions, prior
to clause (A) thereof, is hereby amended to read as follows: ‘(c) If “Calculation Agent Adjustment” is specified as the Method of Adjustment in the related Confirmation of a Share Option Transaction, then following the
announcement or occurrence of any Potential Adjustment Event, the Calculation Agent will determine whether such Potential Adjustment Event has an effect on the theoretical value of the relevant Shares or options on the Shares and, if so, will
(i) make appropriate adjustment(s), if any, to any one or more of:’ and, the portion of such sentence immediately preceding clause (ii) thereof is hereby amended by deleting the words “diluting or concentrative” and the
words “(provided that no adjustments will be made to account solely for changes in volatility, expected dividends, stock loan rate or liquidity relative to the relevant Shares)” and replacing such latter phrase with the words “(and,
for the avoidance of doubt, adjustments may be made to account solely for changes in volatility, expected dividends, stock loan rate or liquidity relative to the relevant Shares)”; 

  
 16 

 (iii) Section 11.2(e)(vii) of the Equity Definitions is hereby amended by
deleting the words “a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “, in the commercially reasonable judgment of the Calculation Agent, an economic effect on the
relevant Shares, options on the relevant Shares or the Transaction; provided that such event is not based on (a) an observable market, other than the market for Issuer’s own stock or (b) an observable index, other than an index
calculated and measured solely by reference to Issuer’s own operations”; 
 (iv) Section 12.6(a)(ii) of the
Equity Definitions is hereby amended by (1) deleting from the fourth line thereof the word “or” after the word “official” and inserting a comma therefor, and (2) deleting the semi-colon at the end of subsection
(B) thereof and inserting the following words therefor “or (C) at Dealer’s option, the occurrence of any of the events specified in Section 5(a)(vii) (1) through (9) of the ISDA Master Agreement with respect to
that Issuer.”; 
 (v) Section 12.7(b) of the Equity Definitions is hereby amended by deleting the words “(and
in any event within five Exchange Business Days) by the parties after” appearing after the words “agreed promptly” and replacing with the words “by the parties on or prior to”. 

(vi) Section 12.9(b)(iv) of the Equity Definitions is hereby amended by (A) deleting (1) subsection (A) in
its entirety, (2) the phrase “or (B)” following subsection (A) and (3) the phrase “in each case” in subsection (B); and (B) deleting the phrase “neither the Non-Hedging Party nor the Lending Party lends
Shares in the amount of the Hedging Shares or” in the penultimate sentence; and 
 (vii) Section 12.9(b)(v) of the
Equity Definitions is hereby amended by (A) adding the word “or” immediately before subsection “(B)” and deleting the comma at the end of subsection (A); and (B)(1) deleting subsection (C) in its entirety,
(2) deleting the word “or” immediately preceding subsection (C) and (3) replacing in the penultimate sentence the words “either party” with “the Hedging Party” and (4) deleting clause (X) in the
final sentence. 
 (i) Transfer and Assignment. Dealer may transfer or assign its rights and obligations hereunder and under
the Agreement, in whole or in part, at any time to any person or entity whatsoever without the consent of Issuer; provided that, (i) as a result of any such transfer or assignment, Issuer will not be required to pay the transferee or
assignee of such rights or obligations on any payment date an amount under Section 2(d)(i)(4) of the Agreement greater than the amount, if any, that Issuer would have been required to pay Dealer in the absence of such transfer or assignment and
(ii) the transferee or assignee shall provide Issuer with a complete and accurate U.S. Internal Revenue Service Form W-9 or W-8 (as applicable) prior to becoming a party to the Transaction. At any time at which an Ownership Limitation exists,
if Dealer reasonably determines it is unable to effect a transfer or assignment to a third party after using its commercially reasonable efforts on pricing terms and within a time period reasonably acceptable to Dealer to the extent that an
Ownership Limitation would no longer exist after giving effect thereto (assuming a commercially reasonable corresponding change to Dealer’s commercially reasonable Hedge Position), Dealer may designate any Scheduled Trading Day as an Early
Termination Date with respect to a portion (the “Terminated Portion”) of the Transaction to the extent that such Ownership Limitation would no longer exist after giving effect thereto (assuming a commercially
reasonable corresponding change to Dealer’s commercially reasonable Hedge Position). In the event that Dealer so designates an Early Termination Date with respect to a portion of the Transaction, a payment or delivery shall be made pursuant to
Section 6 of the Agreement and Section 8(a) of this Confirmation as if (i) an Early Termination Date had been designated in respect of an Additional Termination Event occurring under a Transaction having terms identical to the
Terminated Portion of the Transaction, (ii) Issuer shall be the sole Affected Party with respect to such Additional Termination Event and (iii) such portion of the Transaction shall be the only Terminated Transaction. Dealer shall use
commercially reasonable efforts to manage its Hedge Positions, through cash-settled swaps or otherwise, to avoid an Ownership Limitation without exercising the termination right described in the two immediately preceding sentences; provided
that, if Dealer determines that as a result of using such efforts Dealer or its affiliates would incur any increased (as compared with circumstances existing on the Trade Date) amount of tax, duty, expense or fee, then Dealer may give notice to
Issuer of such increased cost and the Price Adjustment that Dealer proposes to make to the Transaction in respect thereof and Issuer shall, within two Scheduled Trading Days, notify Dealer of its election to either (A) amend this Confirmation
to take into account such Price Adjustment or (B) pay Dealer an amount determined by the Calculation Agent that corresponds to such Price Adjustment; and provided further that, if notice of such election is not given by the end of that
second Scheduled Trading Day, then notwithstanding the foregoing, Dealer will be deemed to have used, and thereafter to use, commercially reasonable efforts to manage its Hedge Positions as required above.  

  
 17 

 (j) Adjustments. For the avoidance of doubt, whenever the Calculation Agent is
called upon to make an adjustment pursuant to the terms of this Confirmation or the Definitions to take into account the effect of an event, the Calculation Agent shall make such adjustment by reference to the effect of such event on the Hedging
Party, assuming that the Hedging Party maintains a commercially reasonable hedge position. 
 (k) Disclosure. Effective
from the date of commencement of discussions concerning the Transaction, Issuer and each of its employees, representatives, or other agents may disclose to any and all persons, without limitation of any kind, the tax treatment and tax structure of
the Transaction and all materials of any kind (including opinions or other tax analyses) that are provided to Issuer relating to such tax treatment and tax structure. 

(l) Designation by Dealer. Notwithstanding any other provision in this Confirmation to the contrary requiring or allowing Dealer
to purchase, sell, receive or deliver any Shares or other securities to or from Issuer, Dealer may designate any of its affiliates to purchase, sell, receive or deliver such shares or other securities and otherwise to perform Dealer obligations in
respect of the Transaction and any such designee may assume such obligations. Dealer shall be discharged of its obligations to Issuer only to the extent of any such performance. 

(m) Additional Termination Events. The occurrence of any of the following shall constitute an Additional Termination Event with
respect to which the Transaction shall be the sole Affected Transaction and Issuer shall be the sole Affected Party; provided that with respect to any Additional Termination Event, Dealer may choose to treat part of the Transaction as the
sole Affected Transaction, and, upon the termination of the Affected Transaction, a Transaction with terms identical to those set forth herein except with a Number of Warrants equal to the unaffected number of Warrants shall be treated for all
purposes as the Transaction, which shall remain in full force and effect: 
 (i) Dealer reasonably determines that it
is advisable, based on advice of counsel, to terminate a portion of the Transaction so that Dealer’s related commercially reasonable hedging activities with respect to the Transaction will comply with applicable securities laws, rules or
regulations or related policies and procedures applicable to Dealer and the Transaction (whether or not such requirements, policies or procedures are imposed by law or have been voluntarily adopted by Dealer in good faith in relation to such
requirements); 
 (ii) a “person” or “group” (within the meaning of Section 13(d) of the Exchange
Act), other than Issuer or its subsidiaries, or Issuer’s or its subsidiaries’ employee benefit plans, files a Schedule TO or any schedule, form or report under the Exchange Act disclosing that such person or group has become the direct or
indirect “beneficial owner,” as defined in Rule 13d-3 under the Exchange Act, of the common equity of Issuer representing more than 50.0% of the voting power of all classes of such common equity entitled to vote generally in the election
of Issuer’s directors; or 
 (iii) consummation of (A) any recapitalization, reclassification or change of
Issuer’s common stock (other than changes resulting from a subdivision or combination) pursuant to which the Shares would be converted into, or exchanged for, stock, other securities, other property or assets, (B) any share exchange,
consolidation, merger or similar event involving Issuer pursuant to which the Shares will be converted into, or exchanged for, cash, securities or other property or (C) any sale, lease or other transfer in one transaction or a series of
transactions of all or substantially all of the consolidated assets of the Issuer and its subsidiaries, taken as a whole, to any person other than one or more of Issuer’s wholly owned subsidiaries; 

provided that, notwithstanding the foregoing, a transaction or series of transactions described in the immediately preceding clause
(ii) or (iii) shall not constitute an Additional Termination Event if at least 90% of the consideration received or to be received by holders of the Shares (excluding cash payments for fractional Shares and cash payments made pursuant to
dissenters’ appraisal rights) in connection with such transaction or transactions consists of shares of common stock, depositary receipts representing common equity interests or similar certificates, in each case, traded on any of The New York
Stock Exchange, The NASDAQ Global Select Market or The NASDAQ Global Market (or any of their respective successors). In addition, a transaction or event that constitutes an Additional Termination Event under both clauses (ii) and
(iii) above will be deemed to constitute an Additional Termination Event solely under clause (iii) above. 

  
 18 

 (n) No Netting and Set-off. Each party waives any and all rights it may have to set
off obligations arising under the Agreement and the Transaction against other obligations between the parties, whether arising under any other agreement, applicable law or otherwise. 

(o) Payment by Dealer. In the event that an Early Termination Date occurs or is designated with respect to the Transaction as a
result of a Termination Event or an Event of Default (other than an Event of Default arising under Section 5(a)(ii) or 5(a)(iv) of the Agreement) and, as a result, Dealer owes to Issuer an amount calculated under Section 6(e) of the
Agreement, such amount shall be deemed to be zero. 
 (p) Early Unwind. In the event the sale by Issuer
of the Additional Securities is not consummated with the initial purchasers pursuant to the Purchase Agreement for any reason by the close of business in New York on November 25, 2013 (or such later date as agreed upon by the parties, which in
no event shall be later than December 6, 2013) (November 25, 2013 or such later date being the “Early Unwind Date”), the Transaction shall automatically terminate (the “Early Unwind”), on the Early Unwind Date
and (i) the Transaction and all of the respective rights and obligations of Dealer and Issuer thereunder shall be cancelled and terminated and (ii) only in the case where such Early Unwind occurred as a result of events within
Issuer’s control, Issuer shall pay to Dealer an amount in cash equal to the aggregate amount of costs and expenses relating to the unwinding of Dealer’s hedging activities in respect of the Transaction (including market losses incurred in
reselling any Shares purchased by Dealer or its affiliates in connection with such hedging activities) or, at the election of Issuer, deliver to Dealer Shares with a value equal to such amount, as commercially reasonably determined by the
Calculation Agent, in which event the parties shall enter into customary and commercially reasonable documentation relating to the registered or exempt resale of such Shares; provided that, if Issuer makes such election to
deliver Shares, notwithstanding the foregoing, the number of Shares so delivered will not exceed a number of Shares equal to the Capped Number. Following such termination, cancellation and (if applicable) payment or delivery, each party shall be
released and discharged by the other party from and agrees not to make any claim against the other party with respect to any obligations or liabilities of either party arising out of and to be performed in connection with the Transaction either
prior to or after the Early Unwind Date. Dealer and Issuer represent and acknowledge to the other that upon an Early Unwind and following the payment or delivery referred to above (if applicable), all obligations with respect to the Transaction
shall be deemed fully and finally discharged. 
 (q) Wall Street Transparency and Accountability Act of 2010. The
parties hereby agree that none of (v) Section 739 of the Wall Street Transparency and Accountability Act of 2010 (“WSTAA”), (w) any similar legal certainty provision in any legislation enacted, or rule
or regulation promulgated, on or after the Trade Date, (x) the enactment of WSTAA or any regulation under the WSTAA, (y) any requirement under WSTAA nor (z) an amendment made by WSTAA, shall limit or otherwise impair either
party’s rights to terminate, renegotiate, modify, amend or supplement this Confirmation or the Agreement, as applicable, arising from a termination event, force majeure, illegality, increased costs, regulatory change or similar event under this
Confirmation, the Equity Definitions incorporated herein, or the Agreement (including, but not limited to, rights arising from Change in Law, Hedging Disruption, Increased Cost of Hedging, Loss of Stock Borrow, Increased Cost of Stock Borrow, an
Ownership Limitation or Illegality (as defined in the Agreement)). 
 (r) Withholding Tax with respect to non-US
counterparties. “Indemnifiable Tax” as defined in Section 14 of the Agreement shall not include (i) any U.S. federal withholding tax imposed or collected pursuant to Sections 1471 through 1474 of the U.S. Internal Revenue
Code of 1986, as amended (the “Code”), any current or future regulations or official interpretations thereof, any agreement entered into pursuant to Section 1471(b) of the Code, or any fiscal or regulatory
legislation, rules or practices adopted pursuant to any intergovernmental agreement entered into in connection with the implementation of such Sections of the Code (a “FATCA Withholding Tax”) or (ii) any U.S.
federal withholding tax imposed on amounts treated as dividends from sources within the United States under Sections 305 or 871(m) of the Code (or any Treasury regulations or other guidance issued thereunder) (a “Dividend Tax”). For all
purposes of Section 2(d) of the Agreement, the requirement that Issuer remit any amount of Dividend Tax (without regard to whether there is a payment under the Transaction from which to withhold or deduct Tax) shall be treated as a requirement
to withhold or deduct Tax with respect to a payment under the Transaction. If at any time, Issuer is required to remit an amount of Dividend Tax then without duplication for any amount that Issuer has deducted on account of such Tax from any payment
pursuant to the Transaction, the amount that was remitted shall be payable by Dealer to Issuer within 10 days after the request therefor by Issuer. For the avoidance of doubt, a FATCA Withholding Tax is a Tax the deduction or withholding of which is
required by applicable law for the purposes of Section 2(d) of the Agreement. 
 (s) Waiver of Trial by
Jury. EACH OF ISSUER AND BUYER HEREBY IRREVOCABLY WAIVES (ON ITS OWN BEHALF AND, TO THE EXTENT PERMITTED BY APPLICABLE LAW, ON BEHALF OF 

  
 19 

 
ITS STOCKHOLDERS) ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT OR OTHERWISE) ARISING OUT OF OR RELATING TO THE TRANSACTION OR THE ACTIONS
OF BUYER OR ITS AFFILIATES IN THE NEGOTIATION, PERFORMANCE OR ENFORCEMENT HEREOF. 
 (t) Governing Law;
Jurisdiction. THIS CONFIRMATION AND ANY CLAIM, CONTROVERSY OR DISPUTE ARISING UNDER OR RELATED TO THIS CONFIRMATION SHALL BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK. THE PARTIES HERETO IRREVOCABLY SUBMIT TO THE EXCLUSIVE
JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK AND THE UNITED STATES COURT FOR THE SOUTHERN DISTRICT OF NEW YORK IN CONNECTION WITH ALL MATTERS RELATING HERETO AND WAIVE ANY OBJECTION TO THE LAYING OF VENUE IN, AND ANY CLAIM OF INCONVENIENT
FORUM WITH RESPECT TO, THESE COURTS. 
 (u) Terms Relating to Agent. 

(i) Wells Fargo Securities, LLC (the “Agent”) is registered as a broker-dealer with the U.S. Securities and
Exchange Commission and the Financial Industry Regulatory Authority (FINRA), is acting hereunder for and on behalf of Dealer solely in its capacity as agent for Dealer pursuant to instructions from Dealer, and is not and will not be acting as the
Issuer’s agent, broker, advisor or fiduciary in any respect under or in connection with the Transaction. 
 (ii) In
addition to acting as Dealer’s agent in executing the Transaction, the Agent is authorized from time to time to give written payment and/or delivery instructions to Issuer directing it to make its payments and/or deliveries under the
Transaction to an account of the Agent for remittance to Dealer (or its designee), and for that purpose any such payment or delivery by Issuer to the Agent shall be treated as a payment or delivery to Dealer. 

(iii) Except as otherwise provided herein, any and all notices, demands, or communications of any kind transmitted in writing
by either Dealer or Issuer under or in connection with the Transaction will be transmitted exclusively by such party to the other party through the Agent at the following address: 

Wells Fargo Securities, LLC 

One Wells Fargo Center 

301 South College Street, 7th floor 

MAC D1053-070 

Charlotte, NC 28202 

Attn: Equity Derivatives/Kyle Saunders 

DerivativeSupportOperations@WellsFargo.com 

(iv) The Agent shall have no responsibility or liability to Dealer or Issuer for or arising from (A) any failure by
either Dealer or Issuer to perform any of their respective obligations under or in connection with the Transaction, (B) the collection or enforcement of any such obligations, or (C) the exercise of any of the rights and remedies of either
Dealer or Issuer under or in connection with the Transaction. Each of Dealer and Issuer agrees to proceed solely against the other to collect or enforce any such obligations, and the Agent shall have no liability in respect of the Transaction except
for its gross negligence or willful misconduct in performing its duties as the agent of Dealer. 
 (v) Upon written request,
the Agent will furnish to Dealer and Issuer the date and time of the execution of the Transaction and a statement as to the source and amount of any remuneration received or to be received by the Agent in connection with the Transaction. 

  
 20 

 Issuer hereby agrees (a) to check this Confirmation carefully and immediately upon receipt
so that errors or discrepancies can be promptly identified and rectified and (b) to confirm that the foregoing (in the exact form provided by Dealer) correctly sets forth the terms of the agreement between Dealer and Issuer with respect to the
Transaction, by manually signing this Confirmation or this page hereof as evidence of agreement to such terms and providing the other information requested herein and immediately returning an executed copy to Dealer. 

 

			
	Yours faithfully,
	
	Wells Fargo Bank, National Association
	By: Wells Fargo Securities, LLC, acting solely in its capacity as its Agent
		
	By:	 	 /s/ Catherine Burke

		 	Name: Catherine Burke
		 	Title: Managing Director
	
	Wells Fargo Securities, LLC, as agent for Wells Fargo Bank, National Association
		
	By:	 	 /s/ Catherine Burke

		 	Name: Catherine Burke
		 	Title: Managing Director

  

			
	Agreed and Accepted By:
	
	CARDTRONICS, INC.
		
	By:	 	 /s/ Michael E. Keller

		 	Name: Michael E. Keller
		 	Title: General Counsel and Secretary

  
 21 

 Annex A 

For each Component of the Transaction, the Number of Warrants and Expiration Date is set forth below. 

 

							
	 	 	 Component Number
	  	 Number of Warrants
	  	 Expiration Date

		 	1	  	1,193	  	Mon-1-Mar-21
		 	2	  	1,193	  	Tue-2-Mar-21
		 	3	  	1,193	  	Wed-3-Mar-21
		 	4	  	1,193	  	Thu-4-Mar-21
		 	5	  	1,193	  	Fri-5-Mar-21
		 	6	  	1,193	  	Mon-8-Mar-21
		 	7	  	1,193	  	Tue-9-Mar-21
		 	8	  	1,193	  	Wed-10-Mar-21
		 	9	  	1,193	  	Thu-11-Mar-21
		 	10	  	1,193	  	Fri-12-Mar-21
		 	11	  	1,193	  	Mon-15-Mar-21
		 	12	  	1,193	  	Tue-16-Mar-21
		 	13	  	1,193	  	Wed-17-Mar-21
		 	14	  	1,193	  	Thu-18-Mar-21
		 	15	  	1,193	  	Fri-19-Mar-21
		 	16	  	1,193	  	Mon-22-Mar-21
		 	17	  	1,193	  	Tue-23-Mar-21
		 	18	  	1,193	  	Wed-24-Mar-21
		 	19	  	1,193	  	Thu-25-Mar-21
		 	20	  	1,193	  	Fri-26-Mar-21
		 	21	  	1,193	  	Mon-29-Mar-21
		 	22	  	1,193	  	Tue-30-Mar-21
		 	23	  	1,193	  	Wed-31-Mar-21
		 	24	  	1,193	  	Thu-1-Apr-21
		 	25	  	1,193	  	Mon-5-Apr-21
		 	26	  	1,193	  	Tue-6-Apr-21
		 	27	  	1,193	  	Wed-7-Apr-21
		 	28	  	1,193	  	Thu-8-Apr-21
		 	29	  	1,193	  	Fri-9-Apr-21
		 	30	  	1,193	  	Mon-12-Apr-21
		 	31	  	1,193	  	Tue-13-Apr-21
		 	32	  	1,193	  	Wed-14-Apr-21
		 	33	  	1,193	  	Thu-15-Apr-21
		 	34	  	1,193	  	Fri-16-Apr-21
		 	35	  	1,193	  	Mon-19-Apr-21
		 	36	  	1,193	  	Tue-20-Apr-21
		 	37	  	1,193	  	Wed-21-Apr-21
		 	38	  	1,193	  	Thu-22-Apr-21
		 	39	  	1,193	  	Fri-23-Apr-21
		 	40	  	1,193	  	Mon-26-Apr-21
		 	41	  	1,193	  	Tue-27-Apr-21
		 	42	  	1,193	  	Wed-28-Apr-21
		 	43	  	1,193	  	Thu-29-Apr-21
		 	44	  	1,193	  	Fri-30-Apr-21
		 	45	  	1,193	  	Mon-3-May-21
		 	46	  	1,193	  	Tue-4-May-21

  
 22 

							
		 	47	  	1,193	  	Wed-5-May-21
		 	 48
	  	1,193	  	Thu-6-May-21
		 	 49
	  	1,193	  	Fri-7-May-21
		 	 50
	  	1,193	  	Mon-10-May-21
		 	 51
	  	1,193	  	Tue-11-May-21
		 	 52
	  	1,193	  	Wed-12-May-21
		 	 53
	  	1,193	  	Thu-13-May-21
		 	 54
	  	1,193	  	Fri-14-May-21
		 	 55
	  	1,193	  	Mon-17-May-21
		 	 56
	  	1,193	  	Tue-18-May-21
		 	 57
	  	1,193	  	Wed-19-May-21
		 	 58
	  	1,193	  	Thu-20-May-21
		 	 59
	  	1,193	  	Fri-21-May-21
		 	 60
	  	1,193	  	Mon-24-May-21
		 	 61
	  	1,193	  	Tue-25-May-21
		 	 62
	  	1,193	  	Wed-26-May-21
		 	 63
	  	1,193	  	Thu-27-May-21
		 	 64
	  	1,193	  	Fri-28-May-21
		 	 65
	  	1,193	  	Tue-1-Jun-21
		 	 66
	  	1,193	  	Wed-2-Jun-21
		 	 67
	  	1,193	  	Thu-3-Jun-21
		 	 68
	  	1,193	  	Fri-4-Jun-21
		 	 69
	  	1,193	  	Mon-7-Jun-21
		 	 70
	  	1,193	  	Tue-8-Jun-21
		 	 71
	  	1,193	  	Wed-9-Jun-21
		 	 72
	  	1,193	  	Thu-10-Jun-21
		 	 73
	  	1,193	  	Fri-11-Jun-21
		 	 74
	  	1,193	  	Mon-14-Jun-21
		 	 75
	  	1,193	  	Tue-15-Jun-21
		 	 76
	  	1,193	  	Wed-16-Jun-21
		 	 77
	  	1,193	  	Thu-17-Jun-21
		 	 78
	  	1,193	  	Fri-18-Jun-21
		 	 79
	  	1,193	  	Mon-21-Jun-21
		 	 80
	  	1,193	  	Tue-22-Jun-21
		 	 81
	  	1,193	  	Wed-23-Jun-21
		 	 82
	  	1,193	  	Thu-24-Jun-21
		 	 83
	  	1,193	  	Fri-25-Jun-21
		 	 84
	  	1,193	  	Mon-28-Jun-21
		 	 85
	  	1,193	  	Tue-29-Jun-21
		 	 86
	  	1,193	  	Wed-30-Jun-21
		 	 87
	  	1,193	  	Thu-1-Jul-21
		 	 88
	  	1,193	  	Fri-2-Jul-21
		 	 89
	  	1,193	  	Tue-6-Jul-21
		 	 90
	  	1,193	  	Wed-7-Jul-21
		 	 91
	  	1,193	  	Thu-8-Jul-21
		 	 92
	  	1,193	  	Fri-9-Jul-21
		 	 93
	  	1,193	  	Mon-12-Jul-21
		 	 94
	  	1,193	  	Tue-13-Jul-21
		 	 95
	  	1,193	  	Wed-14-Jul-21
		 	 96
	  	1,193	  	Thu-15-Jul-21

  
 23 

							
		 	97	  	1,193	  	Fri-16-Jul-21
		 	 98
	  	1,193	  	Mon-19-Jul-21
		 	 99
	  	1,193	  	Tue-20-Jul-21
		 	 100
	  	1,193	  	Wed-21-Jul-21
		 	 101
	  	1,193	  	Thu-22-Jul-21
		 	 102
	  	1,193	  	Fri-23-Jul-21
		 	 103
	  	1,193	  	Mon-26-Jul-21
		 	 104
	  	1,193	  	Tue-27-Jul-21
		 	 105
	  	1,193	  	Wed-28-Jul-21
		 	 106
	  	1,193	  	Thu-29-Jul-21
		 	 107
	  	1,193	  	Fri-30-Jul-21
		 	 108
	  	1,193	  	Mon-2-Aug-21
		 	 109
	  	1,193	  	Tue-3-Aug-21
		 	 110
	  	1,193	  	Wed-4-Aug-21
		 	 111
	  	1,193	  	Thu-5-Aug-21
		 	 112
	  	1,193	  	Fri-6-Aug-21
		 	 113
	  	1,193	  	Mon-9-Aug-21
		 	 114
	  	1,193	  	Tue-10-Aug-21
		 	 115
	  	1,193	  	Wed-11-Aug-21
		 	 116
	  	1,193	  	Thu-12-Aug-21
		 	 117
	  	1,193	  	Fri-13-Aug-21
		 	 118
	  	1,193	  	Mon-16-Aug-21
		 	 119
	  	1,193	  	Tue-17-Aug-21
		 	 120
	  	1,300	  	Wed-18-Aug-21

  

					
	Strike Price:	  	USD 73.2900	  	
			
	Premium:	  	USD 1,056,750.00	  	
			
	Maximum Stock Loan Rate:	  	200 basis points	  	
			
	Initial Stock Loan Rate:	  	25 basis points	  	
			
	Capped Number of Shares:	  	286,534	  	
			
	Final Disruption Date:	  	August 30, 2021	  	

  
 24EX-10.13

 Exhibit 10.13 

FOURTH AMENDMENT TO CREDIT AGREEMENT 

THIS FOURTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated as of November 18, 2013, is entered into by
and among CARDTRONICS, INC., a Delaware corporation (the “Borrower”), each of the Guarantors party hereto (the “Guarantors”), each of the Lenders party hereto (the “Lenders”) and JPMORGAN
CHASE BANK, N.A., as Administrative Agent for the Lenders (the “Agent”). 
 PRELIMINARY STATEMENT 

WHEREAS, the Borrower, the Guarantors, the Lenders and the Agent entered into that certain Credit Agreement dated as of July 15,
2010 (as hereby amended and as from time to time further amended, modified, supplemented, restated or amended and restated, the “Credit Agreement”), pursuant to which the Lenders agreed to make available to the Borrower a revolving
credit facility; and 
 WHEREAS, the Borrower has now asked the Agent and the Lenders to amend certain provisions of the Credit
Agreement; and 
 WHEREAS, the Agent and Lenders are willing to do so subject to the terms and conditions set forth herein, provided
that the Borrower and Guarantors ratify and confirm all of their respective obligations under the Credit Agreement and the Loan Documents; 

NOW, THEREFORE, in consideration of the premises and further valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties hereto agree as follows: 
 1. Defined Terms. Unless otherwise defined herein, capitalized terms used
herein have the meanings assigned to them in the Credit Agreement. 
 2. Amendments to Section 1.01. 

(a) Section 1.01 of the Credit Agreement is hereby amended to add the following definitions in alphabetical order: 

“Call Spread Counterparties” means one or more financial institutions selected by the Borrower. 

“Permitted Bond Hedge Transaction(s)” means one or more bond hedge or capped call options purchased by the Borrower from the
Call Spread Counterparties to hedge the Borrower’s payment and/or delivery obligations due upon conversion of any convertible or equity-linked debt securities issued by the Borrower pursuant the exception set forth in
Section 6.01(n) of this Agreement. 
 “Permitted Warrant Transaction(s)” means one or more net share or cash
settled warrants sold by the Borrower to the Call Spread Counterparties, concurrently with the purchase by the Borrower of the Permitted Bond Hedge Transactions, to offset the cost to the Borrower of the Permitted Bond Hedge Transactions. 

 (b) The definition of “Permitted Investments” in Section 1.01 of the Credit
Agreement is hereby amended to delete the “and” following clause (d) thereof, replace the “.” following clause (e) thereof with “; and” and add the following new clause (f) to the end of said definition:

 “(f) any Permitted Bond Hedge Transaction(s).” 

3. Amendment to Section 6.01. Section 6.01 of the Credit Agreement is hereby amended to restate clause (n) thereof in
its entirety as follows: 
 “(n) other unsecured convertible or equity-linked Indebtedness or senior unsecured Indebtedness in an
aggregate principal amount not to exceed $300,000,000, so long as such Indebtedness (i) does not have a maturity date shorter than six (6) months following the Termination Date and (ii) has covenants, taken as a whole, that are no
more restrictive than the terms of the Loan Documents in any material respects; and” 
 4. Amendment to Section 6.06.
Section 6.06 of the Credit Agreement is amended and restated in its entirety as follows: 
 “None of the Obligors nor any
Restricted Subsidiary will enter into any Swap Agreement, except (a) Swap Agreements entered into to hedge or manage the interest rate exposure associated with vault cash procurement, any debt securities, debt facilities or leases (existed or
forecasted) of the Borrower or any Restricted Subsidiary, (b) any Permitted Bond Hedge Transaction(s), (c) any Permitted Warrant Transaction(s), (d) Swap Agreements for foreign exchange or currency exchange management or (e) Swap
Agreements to hedge or manage any exposure that the Borrower or any Restricted Subsidiary may have to counterparties under other Swap Agreements such that, in each case, such Swap Agreements are entered into in the ordinary course of business and
the combination of such Swap Agreements, taken as a whole, is for risk management purposes and not speculative.” 
 5. Amendment to
Section 6.07. Section 6.07 of the Credit Agreement is hereby amended to delete the “and” at the end of clause (d) thereof, replace the “.” following clause (e) thereof with “; and” and add the
following new clauses (f), (g), (h) and (i) to the end of said definition: 
 “(f) the payment by the Borrower of the purchase
price for any Permitted Bond Hedge Transaction(s); 

  
 -2- 

 (g) the receipt of cash and/shares of common stock of the Borrower upon exercise and settlement
or termination of any Permitted Bond Hedge Transaction(s); 
 (h) the payment and/or delivery of cash or common stock of the Borrower, as the
case may be, by the Borrower upon exercise and settlement, termination or redemption of any Permitted Warrant Transaction(s); 
 (i) the
payment and/or delivery of cash or common stock of the Borrower, as the case may be, by the Borrower in satisfaction of the Borrower’s obligations in respect of any convertible or equity-linked debt securities issued by the Borrower pursuant
the exception set forth in Section 6.01(n) of this Agreement whether upon conversion of such securities, upon a fundamental change (or similar event, however so defined by the terms of such securities), upon repurchase of such
securities, at maturity of such securities or otherwise; and 
 (j) the repurchase of capital stock of the Borrower so long as (i) such
repurchase takes place concurrently with the issuance of convertible or equity-linked debt securities issued by the Borrower pursuant to the exception set forth in Section 6.01(n) of this Agreement and (ii) the aggregate amount of
such repurchase does not exceed $30,000,000.” 
 6. Amendment to Section 6.08. Section 6.08 of the Credit Agreement is
hereby amended to add the following sentence to the end of said section: 
 “For the avoidance of doubt, neither of the payment of cash
nor the delivery of common stock by the Borrower upon conversion of any convertible or equity-linked debt securities issued by the Borrower pursuant the exception set forth in Section 6.01(n) of this Agreement shall be prohibited by this
Section 6.08.” 
 7. Amendment to Section 7.01. Section 7.01 of the Credit Agreement is hereby amended to
restate clause (g) thereof in its entirety as follows: 
 “(g) any event or condition occurs (i) that results in any Material
Indebtedness becoming due prior to its scheduled maturity or (ii) that requires the prepayment, repurchase, redemption or defeasance thereof, prior to its scheduled maturity; provided that this clause (g) shall not apply to
(w) secured Indebtedness that becomes due as a result of the voluntary sale or transfer of the property or assets securing such Indebtedness, (x) the occurrence of a fundamental change (or similar event, however so defined) as such term is
defined in respect of any convertible or equity-linked 

  
 -3- 

 
debt securities issued by the Borrower pursuant the exception set forth in Section 6.01(n) of this Agreement or the exercise of any put right in connection with such fundamental
change by holders of such convertible or equity-linked debt securities, (y) the occurrence of any event or condition that permits the conversion, whether into cash, shares of Borrower common stock, or a combination thereof, of any convertible
or equity-linked debt securities issued by the Borrower pursuant the exception set forth in Section 6.01(n) of this Agreement and (z) any conversion, whether into cash, shares of Borrower common stock, or a combination thereof, of
any convertible or equity-linked debt securities issued by the Borrower pursuant to the exception set forth in Section 6.01(n) of this Agreement by the holders thereof;” 

8. Conditions Precedent. The effectiveness of this Amendment is subject to satisfaction of the following conditions precedent: 

(a) no Default or Event of Default shall exist; 

(b) the Agent shall have received counterparts of this Amendment, duly executed by the Borrower, the Guarantors and the Majority Lenders; and

 (c) each of J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith, Incorporated, as the Arrangers, the Lenders
and the Agent shall have received all fees required to be paid to it, and all expenses for which invoices have been presented prior to the date hereof (including the reasonable fees and expenses of legal counsel to the Agent for which invoices have
been presented at least forty-eight hours prior to the date hereof), but without prejudice to the later payment of accrued fees and expenses not so invoiced. 

9. Ratification. Each of the Borrower and Guarantors hereby ratifies all of its Obligations under the Credit Agreement and each of the
Loan Documents to which it is a party, and agrees and acknowledges that the Credit Agreement and each of the Loan Documents to which it is a party are and shall continue to be in full force and effect as amended and modified by this Amendment.
Nothing in this Amendment extinguishes, novates or releases any right, claim, lien, security interest or entitlement of any of the Lenders or the Administrative Agent created by or contained in any of such documents nor are the Borrower nor
Guarantors released from any covenant, warranty or obligation created by or contained herein or therein. 
 10. Representations and
Warranties. Each of the Borrower and Guarantors hereby represents and warrants to the Lenders and the Administrative Agent that (a) this Amendment has been duly executed and delivered on behalf of each of the Borrower and Guarantors,
(b) this Amendment constitutes a valid and legally binding agreement enforceable against each of the Borrower and Guarantors in accordance with its terms, subject to applicable bankruptcy, insolvency, fraudulent transfer, reorganization,
moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law, (c) the representations and warranties contained in the
Credit Agreement and the Loan Documents are true and correct on and as of the date hereof 

  
 -4- 

 
in all material respects as though made as of the date hereof, except for such representations and warranties as are by their express terms limited to a specific date, in which case such
representations and warranties were true and correct in all material respects as of such specific date, (d) no Default or Event of Default exists under the Credit Agreement or under any Loan Document and (e) the execution, delivery and
performance of this Amendment has been duly authorized by each of the Borrower and Guarantors. 
 11. Release and Indemnity. 

(a) The Borrower hereby releases and forever discharges the Agent and each of the Lenders and each affiliate thereof and each of their
respective employees, officers, directors, trustees, agents, attorneys, successors, assigns or other representatives from any and all claims, demands, damages, actions, cross-actions, causes of action, costs and expenses (including legal expenses),
of any kind or nature whatsoever, whether based on law or equity, which any of said parties has held or may now own or hold, whether known or unknown, for or because of any matter or thing done, omitted or suffered to be done on or before the actual
date upon which this Amendment is signed by any of such parties (i) arising directly or indirectly out of the Loan Documents, or any other documents, instruments or any other transactions relating thereto and/or (ii) relating directly or
indirectly to all transactions by and between the Borrower or its representatives and the Agent, and each Lender or any of their respective directors, officers, agents, employees, attorneys or other representatives. Such release, waiver, acquittal
and discharge shall and does include, without limitation, any claims of usury, fraud, duress, misrepresentation, lender liability, control, exercise of remedies and all similar items and claims, which may, or could be, asserted by the Borrower
including any such claims caused by the actions or negligence of the indemnified party (other than its gross negligence or willful misconduct). 

(b) The Borrower hereby ratifies the indemnification provisions contained in the Loan Documents, including, without limitation,
Section 10.03 of the Credit Agreement, and agrees that this Amendment and losses, claims, damages and expenses related thereto shall be covered by such indemnities. 

12. Counterparts. This Amendment may be signed in any number of counterparts, which may be delivered in original, facsimile or
electronic form each of which shall be construed as an original, but all of which together shall constitute one and the same instrument. 

13. Governing Law. This Amendment shall be construed in accordance with and governed by the Law of the State of Texas without regard to
any choice-of-law provisions that would require the application of the law of another jurisdiction. 
 14. Final Agreement of the
Parties. THIS AMENDMENT, THE CREDIT AGREEMENT AND THE LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO
UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES. 
 [Signature pages follow] 

  
 -5- 

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

			
	BORROWER:
	
	 CARDTRONICS, INC.,
 a
Delaware corporation

		
	By:	 	 /s/ Todd Ruden

		 	Todd Ruden
		 	Senior Vice President – Planning & Treasurer
	
	GUARANTORS:
	
	 CARDTRONICS USA, INC.,
 a
Delaware corporation

		
	By:	 	 /s/ Todd Ruden

		 	Todd Ruden
		 	Treasurer
	
	 CARDTRONICS HOLDINGS, LLC,
 a
Delaware limited liability company

		
	By:	 	 /s/ Todd Ruden

		 	Todd Ruden
		 	Treasurer
	
	 ATM NATIONAL, LLC,
 a
Delaware limited liability company

		
	By:	 	 /s/ Todd Ruden

		 	Todd Ruden
		 	Treasurer

  
 Signature Page to
Fourth Amendment to Credit Agreement 

 
			
	ADMINISTRATIVE AGENT AND LENDER:
	
	JPMORGAN CHASE BANK, N.A.
		
	By:	 	 /s/ John Kushnerick

	Name:	 	John Kushnerick
	Title:	 	Vice President

  
 Signature Page to
Fourth Amendment to Credit Agreement 

 
			
	LENDER:
	
	BANK OF AMERICA, N.A.
		
	By:	 	 /s/ Gary L. Mingle

	Name:	 	Gary L. Mingle
	Title:	 	Senior Vice-President

  
 Signature Page to
Fourth Amendment to Credit Agreement 

 
			
	LENDER:
	
	WELLS FARGO BANK, N.A.
		
	By:	 	 /s/ Geri Landa

	Name:	 	Geri Landa
	Title:	 	SVP

  
 Signature Page to
Fourth Amendment to Credit Agreement 

 
			
	LENDER:
	
	COMPASS BANK
		
	By:	 	 /s/ Adrayll Askew

	Name:	 	Adrayll Askew
	Title:	 	Senior Vice President

  
 Signature Page to
Fourth Amendment to Credit Agreement 

 
			
	LENDER:
	
	AMEGY BANK NATIONAL ASSOCIATION
		
	By:	 	 /s/ Kelly Nash

	Name:	 	Kelly Nash
	Title:	 	Vice President

  
 Signature Page to
Fourth Amendment to Credit Agreement 

 
			
	LENDER:
	
	SUNTRUST BANK
		
	By:	 	 /s/ Douglas O’Bryan

	Name:	 	Douglas O’Bryan
	Title:	 	Director

  
 Signature Page to
Fourth Amendment to Credit Agreement 

 
			
	LENDER:
	
	BRANCH BANKING AND TRUST COMPANY
		
	By:	 	 /s/ Matt McCain

	Name:	 	Matt McCain
	Title:	 	Senior Vice President

  
 Signature Page to
Fourth Amendment to Credit Agreement 

 
			
	LENDER:
	
	CAPITAL ONE, N.A.
		
	By:	 	 /s/ Yasmin Elkhatib

	Name:	 	Yasmin Elkhatib
	Title:	 	Vice President

  
 Signature Page to
Fourth Amendment to Credit Agreement

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