Document:

Exhibit 10.2

 

 

Nomura Global Financial Products Inc.

c/o Nomura Securities International, Inc.

Worldwide Plaza

309 West 49th Street

5th Floor

New York, NY 10019

December 4, 2014

	To:	 	ANI Pharmaceuticals, Inc.
	 	 	210 Main Street West
	 	 	Baudette, Minnesota 56623
	 	 	Attention:	 	Charlotte Arnold
	 	 	Title:	 	Chief Financial Officer
	 	 	Telephone No.:	 	(218) 634-3591
		 	Facsimile
    No.:	 	(302) 482-8645

 

	Re:	 	Base Warrants

 

The purpose of this
letter agreement (this “Confirmation”) is to confirm the terms and conditions of the Warrants issued by ANI
Pharmaceuticals, Inc. (“Company”) to Nomura Global Financial Products Inc. (“Nomura”)
as of the Trade Date specified below (the “Transaction”). This letter agreement constitutes a “Confirmation”
as referred to in the ISDA Master Agreement specified below. This Confirmation shall replace any previous agreements and serve
as the final documentation for the Transaction.

 

The definitions and
provisions contained in the 2002 ISDA Equity Derivatives Definitions (the “Equity Definitions”), as published
by the International Swaps and Derivatives Association, Inc. (“ISDA”), are incorporated into this Confirmation.
In the event of any inconsistency between the Equity Definitions and this Confirmation, this Confirmation shall govern.

 

Each party is hereby
advised, and each such party acknowledges, that the other party has engaged in, or refrained from engaging in, substantial financial
transactions and has taken other material actions in reliance upon the parties’ entry into the Transaction to which this
Confirmation relates on the terms and conditions set forth below.

 

1.           This
Confirmation evidences a complete and binding agreement between Nomura and Company as to the terms of the Transaction to which
this Confirmation relates. This Confirmation shall supplement, form a part of, and be subject to an agreement in the form of the
2002 ISDA Master Agreement (the “Agreement”) as if Nomura and Company had executed an agreement in such form
(but without any Schedule except for the election of the laws of the State of New York as the governing law (without reference
to choice of law doctrine)) on the Trade Date. In the event of any inconsistency between provisions of that Agreement and this
Confirmation, this Confirmation will prevail for the purpose of the Transaction to which this Confirmation relates. The parties
hereby agree that no Transaction other than the Transaction to which this Confirmation relates shall be governed by the Agreement.

 

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:	December 4, 2014

 

		Effective Date:	The third Exchange Business Day immediately prior to
the Premium Payment Date

 

		Warrants:	Equity call warrants, each giving the holder the right to purchase a number of Shares equal to
the Warrant Entitlement at a price per Share equal to the Strike Price, subject to the terms set forth under the caption “Settlement
Terms” below. For the purposes of the Equity Definitions, each reference to a Warrant herein shall be deemed to be a reference
to a Call Option.

 

    	 

    	 

    

 

		Warrant Style:	European

 

		Seller:	Company

 

		Buyer:	Nomura

 

		Shares:	The common stock of Company, par value USD 0.0001 per share (Exchange symbol “ANIP”)

 

		Number of Warrants:	1,798,950. For the avoidance of doubt, the Number of
Warrants shall be reduced by any Warrants exercised or deemed exercised hereunder. In no event will the Number of Warrants be
less than zero.

 

		Warrant Entitlement:	One Share per Warrant

 

		Strike Price:	USD 96.21.

 

			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 53.45, except for any adjustment pursuant to the terms of this Confirmation and the Equity Definitions
in connection with stock splits or similar changes to Company’s capitalization.

 

		Premium:	USD 17,955,965.00

 

		Premium Payment Date:	December 10, 2014

 

		Exchange:	The NASDAQ Global Market

 

		Related Exchange(s):	All Exchanges

 

Procedures for Exercise.

 

		Expiration Time:	The Valuation Time

 

		Expiration Dates:	Each Scheduled Trading Day during the period from, and
including, the First Expiration Date to, but excluding, the 60th Scheduled Trading Day following the First Expiration
Date shall be an “Expiration Date” for a number of Warrants equal to the Daily Number of Warrants on such date; provided
that, notwithstanding anything to the contrary in the Equity Definitions, if any such date is a Disrupted Day, the Calculation
Agent shall make adjustments, if applicable, to the Daily Number of Warrants or shall reduce such Daily Number of Warrants to
zero for which such day shall be an Expiration Date and shall designate a Scheduled Trading Day or a number of Scheduled Trading
Days as the Expiration Date(s) for the remaining Daily Number of Warrants or a portion thereof for the originally scheduled Expiration
Date; and provided further that if such Expiration Date has not occurred pursuant to this clause as of the eighth
Scheduled Trading Day following the last scheduled Expiration Date under the Transaction, the Calculation Agent shall have the
right to declare such Scheduled Trading Day to be the final Expiration Date and the Calculation Agent shall determine its good
faith estimate of the fair market value for the Shares as of the Valuation Time on that eighth Scheduled Trading Day or on any
subsequent Scheduled Trading Day, as the Calculation Agent shall determine using commercially reasonable means.

 

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		First Expiration Date:	March 1, 2020 (or if such day is not a Scheduled Trading
Day, the next following Scheduled Trading Day), subject to Market Disruption Event below.

 

		Daily Number of Warrants:	For any Expiration Date, the Number of Warrants that
have not expired or been exercised as of such day, divided by the remaining number of Expiration Dates (including such
day), rounded down to the nearest whole number, subject to adjustment pursuant to the provisos to “Expiration Dates”.

 

		Automatic Exercise:	Applicable; and means that for each Expiration Date,
a number of Warrants equal to the Daily Number of Warrants for such Expiration Date will be deemed to be automatically exercised
at the Expiration Time on such Expiration Date.

 

		Market Disruption Event:	Section 6.3(a) of the Equity Definitions is hereby amended
by replacing clauses (ii) and (iii) in their entirety with “(ii) an Exchange Disruption, (iii) an Early Closure or (iv)
a Regulatory Disruption, in each case, that the Calculation Agent determines is material.”

 

			Section 6.3(d) of the Equity Definitions is hereby amended by deleting the remainder of the provision
following the words “Scheduled Closing Time” in the fourth line thereof.

 

		Regulatory Disruption:	Any event that Nomura, in its discretion, determines
makes it appropriate with regard to any legal, regulatory or self-regulatory requirements or related policies and procedures,
for Nomura to refrain from or decrease any market activity in connection with the Transaction.

 

Valuation Terms.

 

		Valuation Time:	Scheduled Closing Time; provided that if the principal
trading session is extended, the Calculation Agent shall determine the Valuation Time in its reasonable discretion.

 

		Valuation Date:	Each Exercise Date.

 

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Settlement Terms.

 

		Settlement Method:	Net Share Settlement.

 

		Net Share Settlement:	On the relevant Settlement Date, Company shall deliver
to Nomura a number of Shares equal to the Share Delivery Quantity for such Settlement Date to the account specified herein free
of payment through the Clearance System, and Nomura shall be treated as the holder of record of such Shares at the time of delivery
of such Shares or, if earlier, at 5:00 p.m. (New York City time) on such Settlement Date, and Company shall pay to Nomura cash
in lieu of any fractional Share based on the Settlement Price on the relevant Valuation Date.

 

		Share Delivery Quantity:	For any Settlement Date, a number of Shares, as calculated
by the Calculation Agent, equal to the Net Share Settlement Amount for such Settlement Date divided by the Settlement Price
on the Valuation Date for such Settlement Date.

 

		Net Share Settlement Amount:	For any Settlement Date, an amount equal to the product
of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential
for the relevant Valuation Date and (iii) the Warrant Entitlement.

 

		Settlement Price:	For any Valuation Date, the per Share volume-weighted
average price as displayed under the heading “Bloomberg VWAP” on Bloomberg page ANIP US <equity> AQR (or any
successor thereto) in respect of the period from the scheduled opening time of the Exchange to the Scheduled Closing Time on such
Valuation Date (or if such volume-weighted average price is unavailable, the market value of one Share on such Valuation Date,
as determined by the Calculation Agent). Notwithstanding the foregoing, if (i) any Expiration Date is a Disrupted Day and (ii)
the Calculation Agent determines that such Expiration Date shall be an Expiration Date for fewer than the Daily Number of Warrants,
as described above, then the Settlement Price for the relevant Valuation Date shall be the volume-weighted average price per Share
on such Valuation Date on the Exchange, as determined by the Calculation Agent based on such sources as it deems appropriate using
a volume-weighted methodology, for the portion of such Valuation Date for which the Calculation Agent determines there is no Market
Disruption Event.

 

		Settlement Dates:	As determined pursuant to Section 9.4 of the Equity Definitions,
subject to Section ‎9(j)(i) hereof.

 

		Other Applicable Provisions:	The provisions of Sections 9.1(c), 9.8, 9.9, 9.11 and
9.12 of the Equity Definitions will be applicable, except that all references in such provisions to “Physically-settled”
shall be read as references to “Net Share Settled.” “Net Share Settled” in relation to any Warrant means
that Net Share Settlement is applicable to that Warrant.

 

		Representation and Agreement:	Notwithstanding Section 9.11 of the Equity Definitions,
the parties acknowledge that any Shares delivered to Nomura may be, upon delivery, subject to restrictions and limitations arising
from Company’s status as issuer of the Shares under applicable securities laws.

 

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3.           Additional
Terms applicable to the Transaction.

 

Adjustments
applicable to the Transaction:

 

		Method of Adjustment:	Calculation Agent Adjustment. For the avoidance of doubt,
in making any adjustments under the Equity Definitions, the Calculation Agent may make adjustments, if any, to any one or more
of the Strike Price, the Number of Warrants, the Daily Number of Warrants, the Warrant Entitlement and any other variable relevant
to the exercise, settlement or payment for the Transaction. Notwithstanding the foregoing, any cash dividends or distributions
on the Shares, whether or not extraordinary, shall be governed by Section ‎9(f) of this Confirmation in lieu of Article 10
or Section 11.2(c) of the Equity Definitions.

 

Extraordinary
Events applicable to the Transaction:

 

		New Shares:	Section 12.1(i) of the Equity Definitions is hereby amended
(a) by deleting the text in clause (i) thereof in its entirety (including the word “and” following clause (i)) and
replacing it with the phrase “publicly quoted, traded or listed (or whose related depositary receipts are 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) by inserting immediately prior to the period the phrase “and (iii) of an entity or
person that is a corporation organized under the laws of the United States, any State thereof or the District of Columbia that
also becomes Company under the Transaction following such Merger Event or Tender Offer”.

 

Consequence
of Merger Events:

 

		MergerEvent:	Applicable; provided that 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
9(g)(ii)(B) of this Confirmation, Nomura may elect, in its commercially reasonable judgment, whether the provisions of Section
12.2 of the Equity Definitions or Section ‎9(g)(ii)(B) will apply.

 

		Share-for-Share:	Modified Calculation Agent Adjustment

 

		Share-for-Other:	Cancellation and Payment (Calculation Agent Determination)

 

		Share-for-Combined:	Cancellation and Payment (Calculation Agent Determination); provided that Nomura may elect,
in its commercially reasonable judgment, Component Adjustment (Calculation Agent Determination) for all or any portion of the Transaction.

 

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Consequence
of Tender Offers:

 

		Tender Offer:	Applicable; provided that if an event occurs that
constitutes both a Tender Offer under Section 12.1(d) of the Equity Definitions and Additional Termination Event under Section
‎9(g)(ii)(A) of this Confirmation, Nomura may elect, in its commercially reasonable judgment, whether the provisions of Section
12.3 of the Equity Definitions or Section 9(g)(ii)(A) will apply.

 

		Share-for-Share:	Modified Calculation Agent Adjustment

 

		Share-for-Other:	Modified Calculation Agent Adjustment

 

		Share-for-Combined:	Modified Calculation Agent Adjustment

 

		Consequences of Announcement	Events:Modified Calculation Agent Adjustment as set
forth in Section 12.3(d) of the Equity Definitions; provided that, in respect of an Announcement Event, (x) 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 (y) for the avoidance
of doubt, the Calculation Agent may determine whether the relevant Announcement Event has had a material effect on the Transaction
(and, if so, adjust the terms of the Transaction accordingly) on one or more occasions on or after the date of the Announcement
Event up to, and including, the Expiration Date, any Early Termination Date and/or any other date of cancellation, it being understood
that any adjustment in respect of an Announcement Event shall take into account any earlier adjustment relating to the same Announcement
Event. 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 by any entity of (x) any
transaction or event that, if completed, would constitute a Merger Event or Tender Offer, (y) any potential acquisition by Issuer
and/or its subsidiaries where the aggregate consideration exceeds 15% of the market capitalization of Issuer as of the date of
such announcement (an “Acquisition Transaction”) or (z) the intention to enter into a Merger Event or
Tender Offer or an Acquisition Transaction, (ii) the public announcement by Issuer of an intention to solicit or enter into, or
to explore strategic alternatives or other similar undertaking that may include, a Merger Event or Tender Offer or an Acquisition
Transaction or (iii) any subsequent public announcement by any entity 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 (including, without limitation, a new announcement,
whether or not by the same party, relating to such a transaction or intention or the announcement of a withdrawal from, or the
abandonment or discontinuation of, such a transaction or intention), as determined by the Calculation Agent. For the avoidance
of doubt, the occurrence of an Announcement Event with respect to any transaction or intention shall not preclude the occurrence
of a later Announcement Event with respect to such transaction or intention. For purposes of this definition of “Announcement
Event,” the remainder of the definition of “Merger Event” in Section 12.1(b) of the Equity Definitions following
the definition of “Reverse Merger” therein shall be disregarded.

 

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		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 will 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 Shares are 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), such exchange or quotation system shall thereafter be deemed
to be the Exchange.

 

Additional
Disruption Events:

 

		Change in Law:	Applicable; provided that Section 12.9(a)(ii)
of the Equity Definitions is hereby amended by (i) replacing the word “Shares” with the phrase “Hedge Positions”
in clause (X) thereof and (ii) inserting the parenthetical “(including, for the avoidance of doubt and without limitation,
adoption or promulgation of new regulations authorized or mandated by existing statute)” at the end of clause (A) thereof.

 

		Failure to Deliver:	Not Applicable

 

		Insolvency Filing:	Applicable

 

		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 phrases 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”.

 

		Increased Cost of Hedging:	Applicable

 

		Loss of Stock Borrow:	Applicable

 

		Maximum Stock Loan Rate:	100 basis points

 

		Increased Cost of Stock Borrow:	Applicable

 

		Initial Stock Loan Rate:	0 basis points until December 1, 2019 and 25 basis points
thereafter.

 

		Hedging Party:	For all applicable Additional Disruption Events, Nomura.

 

		Determining Party:	For all applicable Extraordinary Events, Nomura.

 

		Non-Reliance:	Applicable

 

		Agreements and Acknowledgments

 Regarding Hedging Activities:	Applicable

 

		Additional Acknowledgments:	Applicable

 

	4.	Calculation Agent.	Nomura

 

5.             Account Details.

 

		(a)	Account for payments to Company:

 

		Bank:	Bank of America, N.A.

		ABA#:	026009593

		Acct No.:	005800975699

		Beneficiary:	BioSante Pharmaceuticals, Inc.

		Ref:	Convert

 

Account for delivery of Shares from Company:

 

To be provided by Counterparty.

 

		(b)	Account for payments to Nomura:

 

		Agent Bank Name:	BOA FX TRADING

		Agent BIC:	BOFAUS3N

		Account Name:	BANK OF AMERICA
NY NGFP

		Account No/Ref:	6550361610

 

6.             Offices.

 

		(a)	The Office of Company for the Transaction is: Inapplicable, Company is not a Multibranch Party.

 

		(b)	The Office of Nomura for the Transaction is: Inapplicable, Nomura is not a Multibranch Party.

 

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7.           Notices.

 

		(a)	Address for notices or communications to Company:

 

ANI Pharmaceuticals, Inc.

210 Main Street West

Baudette, Minnesota 56623

		Attention:	Charlotte Arnold

		Title:	Chief Financial Officer

		Telephone No.:	(218) 634-3591

		Facsimile No.:	(302) 482-8645

 

With copies to:

 

Dentons US LLP

1221 Avenue of the Americas

New York, NY 10020-1089

		Attention:	Paul A. Gajer

		Telephone:	(212) 398-5293

		Facsimile No.:	(212) 768-6800

 

		(b)	Address for notices or communications to Nomura:

 

Nomura
Global Financial Products Inc.

c/o
Nomura Securities International, Inc.

Worldwide
Plaza

309
West 49th Street

5th
Floor

New
York, NY 10019

		Attention:	Equity Derivatives
Operations

		Telephone No.:	(212) 667-9580

		Facsimile No.:	(646) 587-8638

		Email:	EDGUSOps@us.nomura.com

 

With copies to:

 

		Attention:	Aurelien Bonnet

		Title:	Executive Director, Corporate Equity Solutions

		Telephone No.:	(212) 667-1465

		Facsimile No.:	(646) 587-8740

		Email:	aurelien.bonnet@nomura.com

 

		Attention:	James Chenard

		Title:	Vice President

		Telephone	No.: (212) 667-1363

		Facsimile No.:	(646) 587-8740

		Email:	james.chenard@nomura.com

 

		Attention:	Michael Ena

		Title:	Vice President, Legal

		Telephone No.:	(212) 298-4502

		Facsimile No.:	(646) 587-9924

		Email:	michael.ena@nomura.com

 

8.           Representations
and Warranties of Company.

 

Each of the representations and
warranties of Company set forth in Section 1 of the Underwriting Agreement (the “Underwriting Agreement”), dated
as of December 4, 2014, between Company and Guggenheim Securities, LLC, as representative of the Underwriters party thereto (the
“Underwriter”), are true and correct and are hereby deemed to be repeated to Nomura as if set forth herein.
Company hereby further represents and warrants to Nomura on the date hereof, on and as of the Premium Payment Date and, in the
case of the representations in Section ‎8(d), at all times until termination of the Transaction, that:

 

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		(a)	Company has all necessary corporate power and authority to execute, deliver and perform its obligations
in respect of the Transaction; such execution, delivery and performance have been duly authorized by all necessary corporate action
on Company’s part; and this Confirmation has been duly and validly executed and delivered by Company and constitutes its
valid and binding obligation, enforceable against Company in accordance with its terms, subject to applicable bankruptcy, insolvency,
fraudulent conveyance, reorganization, moratorium and similar laws affecting creditors’ rights and remedies generally, and
subject, as to enforceability, to general principles of equity, including principles of commercial reasonableness, good faith and
fair dealing (regardless of whether enforcement is sought in a proceeding at law or in equity) and except that rights to indemnification
and contribution hereunder may be limited by federal or state securities laws or public policy relating thereto.

 

		(b)	Neither the execution and delivery of this Confirmation nor the incurrence or performance of obligations
of Company hereunder will conflict with or result in a breach of the certificate of incorporation or by-laws (or any equivalent
documents) of Company, 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 to which Company or any of its subsidiaries is a party or by which Company
or any of its subsidiaries is bound or to which Company 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.

 

		(c)	No consent, approval, authorization, or order of, or filing with, any governmental agency or body
or any court is required in connection with the execution, delivery or performance by Company of this Confirmation, except such
as have been obtained or made and such as may be required under the Securities Act of 1933, as amended (the “Securities
Act”) or state securities laws.

 

		(d)	A number of Shares equal to the Maximum Number of Shares (as defined below) (the “Warrant
Shares”) have been reserved for issuance by all required corporate action of Company. 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 Warrants following the exercise of the Warrants in accordance with the terms and conditions
of the Warrants, will be validly issued, fully-paid and non-assessable, and the issuance of the Warrant Shares will not be subject
to any preemptive or similar rights.

 

		(e)	Company is not and, after consummation of 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.

 

		(f)	Company is an “eligible contract participant” (as such term is defined in Section 1a(18)
of the Commodity Exchange Act, as amended, other than a person that is an eligible contract participant under Section 1a(18)(C)
of the Commodity Exchange Act).

 

		(g)	Company and each of its affiliates is not, on the date hereof, in possession of any material non-public
information with respect to Company or the Shares.

 

		(h)	No state or local (including any non-U.S. jurisdiction’s) 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 Nomura or its affiliates owning or
holding (however defined) Shares.

 

		(i)	Company (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.

 

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		(j)	Company agrees that it (i) will not during the period beginning on, and including, the First Expiration
Date and ending on, and including, the last Expiration Date (the “Settlement Period”) make, or permit to be
made, any public announcement (as defined in Rule 165(f) under the Securities Act) of any Merger Transaction or potential Merger
Transaction unless such public announcement is made prior to the opening or after the close of the regular trading session on the
Exchange for the Shares; (ii) shall promptly (but in any event prior to the next opening of the regular trading session on the
Exchange) notify Nomura following any such announcement that such announcement has been made; and (iii) shall promptly (but in
any event prior to the next opening of the regular trading session on the Exchange) provide Nomura with written notice specifying
(A) Company’s average daily Rule 10b-18 Purchases (as defined in Rule 10b-18 of the Exchange Act) during the three full calendar
months immediately preceding the announcement date that were not effected through Nomura or its affiliates and (B) the number of
Shares purchased pursuant to the proviso in Rule 10b-18(b)(4) under the Exchange Act for the three full calendar months preceding
the announcement date. Such written notice shall be deemed to be a certification by Company to Nomura that such information is
true and correct. In addition, Company shall promptly notify Nomura of the earlier to occur of the completion of such transaction
and the completion of the vote by target shareholders. “Merger Transaction” means any merger, acquisition or
similar transaction involving a recapitalization as contemplated by Rule 10b-18(a)(13)(iv) under the Exchange Act.

 

9.           Other
Provisions.

 

		(a)	Opinions, Board Resolutions and Listing of Warrant Shares. Company shall deliver
to Nomura an opinion of counsel, dated as of the Trade Date, with respect to the matters set forth in Sections ‎8(a) through
‎(d) of this Confirmation. Prior to the Trade Date, Company shall deliver to Nomura a resolution of Company’s board of
directors authorizing the Transaction, and such other certificate or certificates as Nomura shall reasonably request. On or prior
to the Premium Payment Date, Company shall deliver to Nomura evidence that listing of the Warrant Shares has been approved by the
Exchange, subject to official notice of issuance. Delivery of such opinion, resolution, evidence and (if applicable) certificate(s),
as the case may be, to Nomura shall be a condition precedent for the purpose of Section 2(a)(iii) of the Agreement with respect
to each obligation of Nomura under Section 2(a)(i) of the Agreement.

 

		(b)	Repurchase Notices. Company shall, on any day on which Company effects any repurchase
of Shares, promptly give Nomura a written notice of such repurchase (a “Repurchase Notice”) on such day if following
such repurchase, the number of outstanding Shares on such day, subject to any adjustments provided herein, is (i) less than 11.08
million (in the case of the first such notice) or (ii) thereafter more than 0.29 million less than the number of Shares included
in the immediately preceding Repurchase Notice. Company agrees to indemnify and hold harmless Nomura and its affiliates and their
respective officers, directors, employees, affiliates, advisors, agents and controlling persons (each, an “Indemnified
Person”) from and against any and all losses (including losses relating to Nomura’s hedging activities as a consequence
of becoming, or of the risk of becoming, a Section 16 “insider”, including without limitation, any forbearance from
hedging activities or cessation of hedging activities and any losses in connection therewith with respect to the Transaction),
claims, damages, judgments, liabilities and expenses (including reasonable attorney’s fees), joint or several, which an Indemnified
Person actually may become subject to, as a result of Company’s failure to provide Nomura with a Repurchase Notice on the
day and in the manner specified in this paragraph, and to reimburse, within 30 days, upon written request, each of such Indemnified
Persons for any reasonable legal or other expenses incurred in connection with investigating, preparing for, providing testimony
or other evidence in connection with or defending any of the foregoing. If any suit, action, proceeding (including any governmental
or regulatory investigation), claim or demand shall be brought or asserted against the Indemnified Person, such Indemnified Person
shall promptly notify Company in writing, and Company, upon request of the Indemnified Person, shall retain counsel reasonably
satisfactory to the Indemnified Person to represent the Indemnified Person and any others Company may designate in such proceeding
and shall pay the fees and expenses of such counsel related to such proceeding. Company shall not be liable for any settlement
of any proceeding effected without its written consent, but if settled with such consent or if there be a final judgment for the
plaintiff, Company agrees to indemnify any Indemnified Person from and against any loss or liability by reason of such settlement
or judgment. Company shall not, without the prior written consent of the Indemnified Person, effect any settlement of any pending
or threatened proceeding in respect of which any Indemnified Person is or could have been a party and indemnity could have been
sought hereunder by such Indemnified Person, unless such settlement includes an unconditional release of such Indemnified Person
from all liability on claims that are the subject matter of such proceeding on terms reasonably satisfactory to such Indemnified
Person. If the indemnification provided for in this paragraph is unavailable to an Indemnified Person or insufficient in respect
of any losses, claims, damages or liabilities referred to therein, then Company under such paragraph, in lieu of indemnifying such
Indemnified Person thereunder, shall contribute to the amount paid or payable by such Indemnified Person as a result of such losses,
claims, damages or liabilities. The remedies provided for in this paragraph are not exclusive and shall not limit any rights or
remedies which may otherwise be available to any Indemnified Person at law or in equity. The indemnity and contribution agreements
contained in this paragraph shall remain operative and in full force and effect regardless of the termination of the Transaction.

 

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		(c)	Regulation M. Company is not on the Trade Date engaged in a distribution, as such
term is used in Regulation M (“Regulation M”) under the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), of any securities of Company, other than (i) a distribution meeting the requirements of the exception set forth
in Rules 101(b)(10) and 102(b)(7) of Regulation M and (ii) the distribution of up to USD 143,750,000 of 3.00% Convertible
Senior Notes due 2019. Company shall not, until the second Scheduled Trading Day immediately following the Effective Date, engage
in any such distribution. During the Settlement Period (i) the Shares or securities that are convertible into, or exchangeable
or exercisable for, Shares are not, and shall not be, subject to a “restricted period,” as defined in Regulation M,
and (ii) Company shall not engage in any “distribution,” as defined in Regulation M, until the second Exchange Business
Day immediately following the last day of the Settlement Period.

 

		(d)	No Manipulation. Company is not entering into the Transaction to create actual or
apparent trading activity in the Shares (or any security convertible into or exchangeable for the Shares) or to raise or depress
or otherwise manipulate the price of the Shares (or any security convertible into or exchangeable for the Shares) or otherwise
in violation of the Exchange Act.

 

		(e)	Transfer or Assignment. Company may not transfer any of its rights or obligations
under the Transaction without the prior written consent of Nomura. Nomura may, without Company’s consent, transfer or assign
all or any part of its rights or obligations under the Transaction to any third party. If at any time at which (A) the Section
16 Percentage exceeds 7.5%, (B) the Warrant Equity Percentage exceeds 14.5%, or (C) the Share Amount exceeds the Applicable Share
Limit (if any applies) (any such condition described in clauses (A), (B) or (C), an “Excess Ownership Position”),
Nomura is unable after using its commercially reasonable efforts to effect a transfer or assignment of Warrants to a third party
on pricing terms reasonably acceptable to Nomura and within a time period reasonably acceptable to Nomura such that no Excess Ownership
Position exists, then Nomura may designate any Exchange Business Day as an Early Termination Date with respect to a portion of
the Transaction (the “Terminated Portion”), such that following such partial termination no Excess Ownership
Position exists. In the event that Nomura so designates an Early Termination Date with respect to a Terminated Portion, a payment
shall be made pursuant to Section 6 of the Agreement as if (1) an Early Termination Date had been designated in respect of a Transaction
having terms identical to the Transaction and a Number of Warrants equal to the number of Warrants underlying the Terminated Portion,
(2) Company were the sole Affected Party with respect to such partial termination and (3) the Terminated Portion were the sole
Affected Transaction (and, for the avoidance of doubt, the provisions of Section ‎9(i) shall apply to any amount that is payable
by Company to Nomura pursuant to this sentence as if Company was not the Affected Party). The “Section 16 Percentage”
as of any day is the fraction, expressed as a percentage, as determined by Nomura, (A) the numerator of which is the number of
Shares that Nomura and each person subject to aggregation of Shares with Nomura under Section 13 or Section 16 of the Exchange
Act and rules promulgated thereunder directly or indirectly beneficially own (as defined under Section 13 or Section 16 of the
Exchange Act and rules promulgated thereunder) and (B) the denominator of which is the number of Shares outstanding. 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 Nomura from Company, and (B) the denominator of which is the number of Shares outstanding. The “Share
Amount” as of any day is the number of Shares that Nomura and any person whose ownership position would be aggregated
with that of Nomura (Nomura or any such person, a “Nomura Person”) under any law, rule, regulation, regulatory
order or organizational documents or contracts of Company 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 under any Applicable Restriction, as determined by Nomura in its reasonable discretion. The “Applicable
Share Limit” means a number of Shares equal to (A) the minimum number of Shares that could give rise to reporting or
registration obligations or other requirements (including obtaining prior approval from any person or entity) of a Nomura Person,
or could result in an adverse effect on a Nomura Person, under any Applicable Restriction, as determined by Nomura in its reasonable
discretion, minus (B) 1% of the number of Shares outstanding. Notwithstanding any other provision in this Confirmation to
the contrary requiring or allowing Nomura to purchase, sell, receive or deliver any Shares or other securities, or make or receive
any payment in cash, to or from Company, Nomura may designate any of its affiliates to purchase, sell, receive or deliver such
Shares or other securities, or make or receive such payment in cash, and otherwise to perform Nomura’s obligations in respect
of the Transaction and any such designee may assume such obligations. Nomura shall be discharged of its obligations to Company
to the extent of any such performance.

 

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		(f)	Dividends. If at any time during the period from and including the Effective Date,
to and including the last Expiration Date, an ex-dividend date for a cash dividend occurs with respect to the Shares, then the
Calculation Agent will adjust any of the Strike Price, Number of Warrants, Daily Number of Warrants and/or any other variable relevant
to the exercise, settlement or payment of the Transaction to preserve the fair value of the Warrants to Nomura after taking into
account such dividend.

 

		(g)	Additional Provisions.

 

		(i)	Amendments to the Equity Definitions:

 

		(A)	Section 11.2(a) of the Equity Definitions is hereby amended by deleting the words “a diluting
or concentrative” and replacing them with the word “an”; and adding the phrase “or Warrants” at the
end of the sentence.

 

		(B)	Section 11.2(c) of the Equity Definitions is hereby amended by (w) replacing the words “a
diluting or concentrative” with “an” in the fifth line thereof, (x) adding the phrase “or Warrants”
after the words “the relevant Shares” in the same sentence, (y) deleting the words “diluting or concentrative”
in the sixth to last line thereof and (z) deleting the phrase “(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
it with the phrase “(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).”

 

		(C)	Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “a
diluting or concentrative” and replacing them with the word “a material”; and adding the phrase “or Warrants”
at the end of the sentence.

 

		(D)	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) 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.”

 

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		(E)	Section 12.9(b)(iv) of the Equity Definitions is hereby amended by:

 

		(x)	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

 

		(y)	replacing the phrase “neither the Non-Hedging Party nor the Lending Party lends Shares”
with the phrase “such Lending Party does not lend Shares” in the penultimate sentence.

 

		(F)	Section 12.9(b)(v) of the Equity Definitions is hereby amended by:

 

		(x)	adding the word “or” immediately before subsection “(B)” and deleting the
comma at the end of subsection (A); and

 

		(y)	(1) deleting subsection (C) in its entirety, (2) deleting the word “or” immediately
preceding subsection (C), (3) deleting the penultimate sentence in its entirety and replacing it with the sentence “The Hedging
Party will determine the Cancellation Amount payable by one party to the other.” and (4) deleting clause (X) in the
final sentence.

 

		(ii)	Notwithstanding anything to the contrary in this Confirmation, upon the occurrence of one of the
following events, with respect to the Transaction, (1) Nomura shall have the right to designate such event an Additional Termination
Event and designate an Early Termination Date pursuant to Section 6(b) of the Agreement, (2) Company shall be deemed the sole Affected
Party with respect to such Additional Termination Event and (3) the Transaction, or, at the election of Nomura in its sole discretion,
any portion of the Transaction, shall be deemed the sole Affected Transaction; provided that if Nomura so designates an
Early Termination Date with respect to a portion of the Transaction, (a) a payment shall be made pursuant to Section 6 of
the Agreement as if an Early Termination Date had been designated in respect of a Transaction having terms identical to the Transaction
and a Number of Warrants equal to the number of Warrants included in the terminated portion of the Transaction, and (b) for
the avoidance of doubt, the Transaction shall remain in full force and effect except that the Number of Warrants shall be reduced
by the number of Warrants included in such terminated portion:

 

		(A)	A “person” or “group” within the meaning of Section 13(d) of the Exchange
Act, other than Company, its wholly owned subsidiaries and its and their employee benefit plans, has become the direct or indirect
“beneficial owner,” as defined in Rule 13d-3 under the Exchange Act, of the common equity of Company representing more
than 50% of the voting power of such common equity. Notwithstanding the foregoing, any transaction or transactions set forth in
this clause (A) shall not constitute an Additional Termination Event if (x) 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 in respect of dissenters’
appraisal rights, in connection with such transaction or transactions consists of shares of common stock that are listed or quoted
on any of The New York Stock Exchange, The NASDAQ Global Select Market or The NASDAQ Global Market (or any of their respective
successors) or will be so listed or quoted when issued or exchanged in connection with such transaction or transactions, and (y) as
a result of such transaction or transactions, the Shares will consist of such consideration, excluding cash payments for fractional
Shares and cash payments made in respect of dissenters’ appraisal rights.

 

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		(B)	Consummation of (I) any recapitalization, reclassification or change of the Shares (other than
changes resulting from a subdivision or combination) as a result of which the Shares would be converted into, or exchanged for,
stock, other securities, other property or assets, (II) any share exchange, consolidation or merger of Company pursuant to which
the Shares will be converted into cash, securities or other property or assets or (III) any sale, lease or other transfer
in one transaction or a series of transactions of all or substantially all of the consolidated assets of Company and its subsidiaries,
taken as a whole, to any person other than one of Company’s wholly owned subsidiaries. Notwithstanding the foregoing, any
transaction or transactions set forth in this clause (B) shall not constitute an Additional Termination Event if (x) 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 in respect of dissenters’ appraisal rights, in connection with such transaction or transactions consists
of shares of common stock that are listed or quoted on any of The New York Stock Exchange, The NASDAQ Global Select Market or The
NASDAQ Global Market (or any of their respective successors) or will be so listed or quoted when issued or exchanged in connection
with such transaction or transactions, and (y) as a result of such transaction or transactions, the Shares will consist of
such consideration, excluding cash payments for fractional Shares and cash payments made in respect of dissenters’ appraisal
rights.

 

		(C)	If (I) the directors who were members of Company’s board of directors on the Trade Date or
(II) the directors who become members of Company’s board of directors subsequent to that date and whose election, appointment
or nomination for election by Company stockholders is duly approved by a majority of the continuing directors on Company’s
board of directors at the time of such approval, either by a specific vote or by approval of the proxy statement issued by Company
on behalf of its entire board of directors in which such individual is named as nominee for director, cease to constitute at least
a majority of Company’s board of directors.

 

		(D)	Default by Company or any of its subsidiaries with respect to any mortgage, agreement or other
instrument under which there may be outstanding, or by which there may be secured or evidenced, any indebtedness for money borrowed
in excess of $15 million (or its foreign currency equivalent) in the aggregate of Company and/or any such subsidiary, whether such
indebtedness now exists or shall hereafter be created (i) resulting in such indebtedness becoming or being declared due and payable
without such indebtedness having been discharged or the acceleration of such payment of such indebtedness having been cured, rescinded,
waived or annulled within 30 days after written notice to Company or (ii) constituting a failure to pay the principal or interest
of any such debt when due and payable at its stated maturity, upon required repurchase, upon declaration of acceleration or otherwise.

 

		(E)	A final judgment for the payment of $15 million (or its foreign currency equivalent) or more (excluding
any amounts covered by insurance) rendered against Company or any of its subsidiaries, which judgment is not discharged or stayed
within 60 days after (I) the date on which the right to appeal thereof has expired if no such appeal has commenced, or (II) the
date on which all rights to appeal have been extinguished.

 

		(F)	Nomura, despite using commercially reasonable efforts, is unable or reasonably determines that
it is impractical or illegal, to hedge its exposure with respect to the Transaction in the public market without registration under
the Securities Act or as a result of any legal, regulatory or self-regulatory requirements or related policies and procedures (whether
or not such requirements, policies or procedures are imposed by law or have been voluntarily adopted by Nomura).

 

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		(h)	No Collateral or Setoff. Notwithstanding any provision of the Agreement or any other
agreement between the parties to the contrary, the obligations of Company hereunder are not secured by any collateral. Neither
party shall have the right to set off any obligation that it may have to the other party under the Transaction against any obligation
such other party may have to it, whether arising under the Agreement, this Confirmation or any other agreement between the parties
hereto, by operation of law or otherwise.

 

		(i)	Alternative Calculations and Payment on Early Termination and on Certain Extraordinary Events.

 

		(i)	If (x) an Early Termination Date (whether as a result of an Event of Default or a Termination Event)
occurs or is designated with respect to the Transaction or (y) the Transaction is cancelled or terminated upon the occurrence of
an Extraordinary Event (except as a result of (i) a Nationalization, Insolvency or Merger Event in which the consideration to be
paid to holders of Shares consists solely of cash, (ii) a Merger Event or Tender Offer that is within Company’s control,
or (iii) an Event of Default in which Company is the Defaulting Party or a Termination Event in which Company is the Affected Party
other than an Event of Default of the type described in Section 5(a)(iii), (v), (vi), (vii) or (viii) of the Agreement or a Termination
Event of the type described in Section 5(b) of the Agreement, in each case that resulted from an event or events outside Company’s
control), and if Company would owe any amount to Nomura pursuant to Section 6(d)(ii) of the Agreement or any Cancellation Amount
pursuant to Article 12 of the Equity Definitions (any such amount, a “Payment Obligation”), then Company shall
satisfy the Payment Obligation by the Share Termination Alternative (as defined below), unless (a) Company gives irrevocable
telephonic notice to Nomura, confirmed in writing within one Scheduled Trading Day, no later than 12:00 p.m. (New York City time)
on the Merger Date, Tender Offer Date, Announcement Date (in the case of a Nationalization, Insolvency or Delisting), Early Termination
Date or date of cancellation, as applicable, of its election that the Share Termination Alternative shall not apply, (b) Company
remakes the representation set forth in Section ‎8(g) as of the date of such election and (c) Nomura agrees, in its sole discretion,
to such election, in which case the provisions of Section 12.7 or Section 12.9 of the Equity Definitions, or the provisions of
Section 6(d)(ii) of the Agreement, as the case may be, shall apply.

 

		Share Termination Alternative:	If applicable, Company shall deliver to Nomura the
Share Termination Delivery Property on the date (the “Share Termination Payment Date”) on which the Payment
Obligation would otherwise be due pursuant to Section 12.7 or Section 12.9 of the Equity Definitions or Section 6(d)(ii) of the
Agreement, as applicable, subject to Section ‎9(j)(i) below, in satisfaction, subject to Section ‎9(j)(ii) below, of the
relevant Payment Obligation, in the manner reasonably requested by Nomura free of payment.

 

Share Termination
Delivery

		Property:	A number of Share Termination Delivery Units, as calculated by the Calculation Agent, equal to
the relevant Payment Obligation divided by the Share Termination Unit Price. The Calculation Agent shall adjust the amount
of Share Termination Delivery Property by replacing any fractional portion 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 (without giving effect
to any discount pursuant to Section ‎9(j)(i)).

 

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		Share Termination Unit Price:	The value to Nomura 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. In the case of a Private
Placement of Share Termination Delivery Units that are Restricted Shares (as defined below), as set forth in Section ‎9(j)(i)
below, the Share Termination Unit Price shall be determined by the discounted price applicable to such Share Termination Delivery
Units. In the case of a Registration Settlement of Share Termination Delivery Units that are Restricted Shares (as defined below)
as set forth in Section ‎9(j)(ii) below, notwithstanding the foregoing, the Share Termination Unit Price shall be the Settlement
Price on the Merger Date, Tender Offer Date, Announcement Date (in the case of a Nationalization, Insolvency or Delisting), Early
Termination Date or date of cancellation, as applicable. The Calculation Agent shall notify Company of the Share Termination Unit
Price at the time of notification of such Payment Obligation to Company or, if applicable, at the time the discounted price applicable
to the relevant Share Termination Units is determined pursuant to Section ‎9(j)(i).

 

		Share Termination Delivery Unit:	One Share or, if the Shares have changed into cash
or any other property or the right to receive cash or any other property as the result of a Nationalization, Insolvency or Merger
Event (any such cash or other property, the “Exchange Property”), a unit consisting of the type and amount
of Exchange 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 Nationalization, Insolvency or Merger Event. If such Nationalization,
Insolvency or Merger Event involves a choice of Exchange Property to be received by holders, such holder shall be deemed to have
elected to receive the maximum possible amount of cash.

 

		Failure to Deliver:	Inapplicable

 

		Other applicable provisions:	If Share Termination Alternative is applicable, the
provisions of Sections 9.8, 9.9, 9.11 and 9.12 (as modified above) of the Equity Definitions will be applicable, except that all
references in such provisions to “Physically-settled” shall be read as references to “Share Termination Settled”
and all references to “Shares” shall be read as references to “Share Termination Delivery Units”. “Share
Termination Settled” in relation to the Transaction means that the Share Termination Alternative is applicable to the Transaction.

 

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		(j)	Registration/Private Placement Procedures. If, in the reasonable opinion of Nomura,
following any delivery of Shares or Share Termination Delivery Property to Nomura hereunder, such Shares or Share Termination Delivery
Property would be in the hands of Nomura subject to any applicable restrictions with respect to any registration or qualification
requirement or prospectus delivery requirement for such Shares or Share Termination Delivery Property pursuant to any applicable
federal or state securities law (including, without limitation, any such requirement arising under Section 5 of the Securities
Act as a result of such Shares or Share Termination Delivery Property being “restricted securities”, as such term is
defined in Rule 144 under the Securities Act, or as a result of the sale of such Shares or Share Termination Delivery Property
being subject to paragraph (c) of Rule 145 under the Securities Act) (such Shares or Share Termination Delivery Property, “Restricted
Shares”), then delivery of such Restricted Shares shall be effected pursuant to either clause (i) or (ii) below at the
election of Company, unless Nomura waives the need for registration/private placement procedures set forth in (i) and (ii) below.
Notwithstanding the foregoing, solely in respect of any Daily Number of Warrants exercised or deemed exercised on any Expiration
Date, Company shall elect, prior to the first Settlement Date for the first applicable Expiration Date, a Private Placement Settlement
or Registration Settlement for all deliveries of Restricted Shares for all such Expiration Dates which election shall be applicable
to all remaining Settlement Dates for such Warrants and the procedures in clause (i) or clause (ii) below shall apply for all such
delivered Restricted Shares on an aggregate basis commencing after the final Settlement Date for such Warrants. The Calculation
Agent shall make reasonable adjustments to settlement terms and provisions under this Confirmation to reflect a single Private
Placement or Registration Settlement for such aggregate Restricted Shares delivered hereunder.

 

		(i)	If Company elects to settle the Transaction pursuant to this clause (i) (a “Private Placement
Settlement”), then delivery of Restricted Shares by Company shall be effected in customary private placement procedures
with respect to such Restricted Shares reasonably acceptable to Nomura; provided that Company may not elect a Private Placement
Settlement 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(a)(2) of the Securities Act for the sale by Company to Nomura (or any affiliate designated
by Nomura) of the Restricted Shares or the exemption pursuant to Section 4(a)(1) or Section 4(a)(3) of the Securities Act for resales
of the Restricted Shares by Nomura (or any such affiliate of Nomura). The Private Placement Settlement of such Restricted Shares
shall include customary representations, covenants, blue sky and other governmental filings and/or registrations, indemnities to
Nomura, due diligence rights (for Nomura or any designated buyer of the Restricted Shares by Nomura), opinions and certificates,
and such other documentation as is customary for private placement agreements, all reasonably acceptable to Nomura. In the case
of a Private Placement Settlement, Nomura shall determine the appropriate discount to the Share Termination Unit Price (in the
case of settlement of Share Termination Delivery Units pursuant to Section ‎9(i) above) or premium to any Settlement Price
(in the case of settlement of Shares pursuant to Section ‎2 above) applicable to such Restricted Shares in a commercially reasonable
manner and appropriately adjust the number of such Restricted Shares to be delivered to Nomura hereunder. Notwithstanding anything
to the contrary in the Agreement or this Confirmation, the date of delivery of such Restricted Shares shall be the Exchange Business
Day following notice by Nomura to Company of such applicable discount or premium, as the case may be, and the number of Restricted
Shares to be delivered pursuant to this clause (i). For the avoidance of doubt, delivery of Restricted Shares shall be due as set
forth in the previous sentence and not be due on the Share Termination Payment Date (in the case of settlement of Share Termination
Delivery Units pursuant to Section ‎9(i) above) or on the Settlement Date for such Restricted Shares (in the case of settlement
in Shares pursuant to Section ‎2 above).

 

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		(ii)	If Company elects to settle the Transaction pursuant to this clause (ii) (a “Registration
Settlement”), then Company shall promptly (but in any event no later than the beginning of the Resale Period) file and
use its reasonable best efforts to make effective under the Securities Act a registration statement or supplement or amend an outstanding
registration statement in form and substance reasonably satisfactory to Nomura, to cover the resale of such Restricted Shares in
accordance with customary resale registration procedures, including covenants, conditions, representations, underwriting discounts
(if applicable), commissions (if applicable), indemnities, due diligence rights, opinions and certificates, and such other documentation
as is customary for equity resale underwriting agreements, all reasonably acceptable to Nomura. If Nomura, in its sole reasonable
discretion, is not satisfied with such procedures and documentation Private Placement Settlement shall apply. If Nomura is satisfied
with such procedures and documentation, it shall sell the Restricted Shares pursuant to such registration statement during a period
(the “Resale Period”) commencing on the Exchange Business Day following delivery of such Restricted Shares (which,
for the avoidance of doubt, shall be (x) the Share Termination Payment Date in case of settlement in Share Termination Delivery
Units pursuant to Section ‎9(i) above or (y) the Settlement Date in respect of the final Expiration Date for all Daily Number
of Warrants) and ending on the Exchange Business Day on which Nomura completes the sale of all Restricted Shares or, in the case
of settlement of Share Termination Delivery Units, a sufficient number of Restricted Shares so that the realized net proceeds of
such sales equals or exceeds the Payment Obligation (as defined above). If the Payment Obligation exceeds the realized net proceeds
from such resale, Company shall transfer to Nomura by the open of the regular trading session on the Exchange on the Exchange Trading
Day immediately following such resale the amount of such excess (the “Additional Amount”) in cash or in a number
of Shares (“Make-whole Shares”) in an amount that, based on the Settlement Price on such day (as if such day
was the “Valuation Date” for purposes of computing such Settlement Price), has a dollar value equal to the Additional
Amount. The Resale Period shall continue to enable the sale of the Make-whole Shares. If Company elects to pay the Additional Amount
in Shares, the requirements and provisions for Registration Settlement shall apply. This provision shall be applied successively
until the Additional Amount is equal to zero. In no event shall Company deliver a number of Restricted Shares greater than the
Maximum Number of Shares.

 

		(iii)	Without limiting the generality of the foregoing, Company agrees that (A) any Restricted Shares
delivered to Nomura may be transferred by and among Nomura and its affiliates and Company shall effect such transfer without any
further action by Nomura and (B) after the period of 6 months from the Trade Date (or 1 year from the Trade Date if, at such time,
informational requirements of Rule 144(c) under the Securities Act are not satisfied with respect to Company) has elapsed in respect
of any Restricted Shares delivered to Nomura, Company shall promptly remove, or cause the transfer agent for such Restricted Shares
to remove, any legends referring to any such restrictions or requirements from such Restricted Shares upon request by Nomura (or
such affiliate of Nomura) to Company or such transfer agent, without any requirement for the delivery of any 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 Nomura (or such affiliate of Nomura). Notwithstanding anything to the contrary herein, to the extent the provisions of
Rule 144 of the Securities Act or any successor rule are amended, or the applicable interpretation thereof by the Securities and
Exchange Commission or any court change after the Trade Date, the agreements of Company herein shall be deemed modified to the
extent necessary, in the opinion of outside counsel of Company, to comply with Rule 144 of the Securities Act, as in effect at
the time of delivery of the relevant Shares or Share Termination Delivery Property.

 

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		(iv)	If the Private Placement Settlement or the Registration Settlement shall not be effected as set
forth in clauses (i) or (ii), as applicable, then failure to effect such Private Placement Settlement or such Registration Settlement
shall constitute an Event of Default with respect to which Company shall be the Defaulting Party.

 

		(k)	Limit on Beneficial Ownership. Notwithstanding any other provisions hereof, Nomura
may not exercise any Warrant hereunder or be entitled to take delivery of any Shares deliverable hereunder, and Automatic Exercise
shall not apply with respect to any Warrant hereunder, to the extent (but only to the extent) that, after such receipt of any Shares
upon the exercise of such Warrant or otherwise hereunder, (i) the Section 16 Percentage would exceed 7.5%, or (ii) the Share Amount
would exceed the Applicable Share Limit. Any purported delivery hereunder shall be void and have no effect to the extent (but only
to the extent) that, after such delivery, (i) the Section 16 Percentage would exceed 7.5%, or (ii) the Share Amount would exceed
the Applicable Share Limit. If any delivery owed to Nomura hereunder is not made, in whole or in part, as a result of this provision,
Company’s obligation to make such delivery shall not be extinguished and Company shall make such delivery as promptly as
practicable after, but in no event later than one Business Day after, Nomura gives notice to Company that, after such delivery,
(i) the Section 16 Percentage would not exceed 7.5%, and (ii) the Share Amount would not exceed the Applicable Share Limit.

 

		(l)	Share Deliveries. Notwithstanding anything to the contrary herein, Company agrees
that any delivery of Shares or Share Termination Delivery Property shall be effected by book-entry transfer through the facilities
of DTC, or any successor depositary, if at the time of delivery, such class of Shares or class of Share Termination Delivery Property
is in book-entry form at DTC or such successor depositary.

 

		(m)	Waiver of Jury Trial. Each party waives, to the fullest extent permitted by applicable
law, any right it may have to a trial by jury in respect of any suit, action or proceeding relating to the Transaction. Each party
(i) certifies that no representative, agent or attorney of the other party has represented, expressly or otherwise, that such other
party would not, in the event of such a suit, action or proceeding, seek to enforce the foregoing waiver and (ii) acknowledges
that it and the other party have been induced to enter into the Transaction, as applicable, by, among other things, the mutual
waivers and certifications provided herein.

 

		(n)	Tax Disclosure. Effective from the date of commencement of discussions concerning
the Transaction, Company 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 Company relating to such tax treatment and tax structure.

 

		(o)	Maximum Share Delivery.

 

		(i)	Notwithstanding any other provision of this Confirmation, the Agreement or the Equity Definitions,
in no event will Company at any time be required to deliver a number of Shares greater than two times the Number of Shares (the
“Maximum Number of Shares”) to Nomura in connection with the Transaction.

 

		(ii)	In the event Company shall not have delivered to Nomura the full number of Shares or Restricted
Shares otherwise deliverable by Company to Nomura pursuant to the terms of the Transaction because Company has insufficient authorized
but unissued Shares that are not reserved for other transactions (such deficit, the “Deficit Shares”), Company
shall be continually obligated to deliver, from time to time, Shares or Restricted Shares, as the case may be, to Nomura until
the full number of Deficit Shares have been delivered pursuant to this Section ‎9(o)(ii), when, and to the extent that, (A)
Shares are repurchased, acquired or otherwise received by Company or any of its subsidiaries after the Trade Date (whether or not
in exchange for cash, fair value or any other consideration), (B) authorized and unissued Shares previously reserved for issuance
in respect of other transactions become no longer so reserved or (C) Company additionally authorizes any unissued Shares that are
not reserved for other transactions; provided that in no event shall Company deliver any Shares or Restricted Shares to
Nomura pursuant to this Section ‎9(o)(ii) to the extent that such delivery would cause the aggregate number of Shares and Restricted
Shares delivered to Nomura to exceed the Maximum Number of Shares. Company shall immediately notify Nomura of the occurrence of
any of the foregoing events (including the number of Shares subject to clause (A), (B) or (C) and the corresponding number of Shares
or Restricted Shares, as the case may be, to be delivered) and promptly deliver such Shares or Restricted Shares, as the case may
be, thereafter.

 

    	19

    	 

    

 

		(p)	Right to Extend. Nomura may postpone or add, in whole or in part, any Expiration
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 Daily Number of Warrants with respect to one or more Expiration Dates) if Nomura
determines, in its commercially reasonable judgment, that such extension is reasonably necessary or appropriate to preserve Nomura’s
hedging or hedge unwind activity hereunder in light of existing liquidity conditions or to enable Nomura to effect purchases of
Shares in connection with its hedging, hedge unwind or settlement activity hereunder in a manner that would, if Nomura 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 Nomura.

 

		(q)	Status of Claims in Bankruptcy.  Nomura acknowledges and agrees that this Confirmation
is not intended to convey to Nomura rights against Company with respect to the Transaction that are senior to the claims of common
stockholders of Company in any United States bankruptcy proceedings of Company; provided that nothing herein shall limit
or shall be deemed to limit Nomura’s right to pursue remedies in the event of a breach by Company of its obligations and
agreements with respect to the Transaction; provided, further, that nothing herein shall limit or shall be deemed
to limit Nomura’s rights in respect of any transactions other than the Transaction.

 

		(r)	Securities Contract; Swap Agreement. The parties hereto intend for (i) the Transaction
to be a “securities contract” and a “swap agreement” as defined in the Bankruptcy Code (Title 11 of the
United States Code) (the “Bankruptcy Code”), and the parties hereto to be entitled to the protections afforded
by, among other Sections, Sections 362(b)(6), 362(b)(17), 546(e), 546(g), 555 and 560 of the Bankruptcy Code, (ii) a party’s
right to liquidate the Transaction and to exercise any other remedies upon the occurrence of any Event of Default under the Agreement
with respect to the other party to constitute a “contractual right” as described in the Bankruptcy Code, and (iii)
each payment and delivery of cash, securities or other property hereunder to constitute a “margin payment” or “settlement
payment” and a “transfer” as defined in the Bankruptcy Code.

 

		(s)	Wall Street Transparency and Accountability Act. In connection with Section 739 of
the Wall Street Transparency and Accountability Act of 2010 (“WSTAA”), the parties hereby agree that neither
the enactment of WSTAA or any regulation under the WSTAA, nor any requirement under WSTAA or an amendment made by WSTAA, shall
limit or otherwise impair either party’s otherwise applicable 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, an Excess Ownership Position,
or Illegality (as defined in the Agreement)).

 

		(t)	Agreements and Acknowledgements Regarding Hedging. Company understands, acknowledges
and agrees that: (A) at any time on and prior to the last Expiration Date, Nomura 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 the Transaction; (B) Nomura 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) Nomura 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 Settlement Prices; and (D) any market activities
of Nomura and its affiliates with respect to Shares may affect the market price and volatility of Shares, as well as the Settlement
Prices, each in a manner that may be adverse to Company.

 

    	20

    	 

    

 

		(u)	Early Unwind. In the event the sale of the “Firm Securities” (as defined
in the Underwriting Agreement) is not consummated with the Underwriter for any reason, or Company fails to deliver to Nomura opinions
of counsel as required pursuant to Section ‎9(a), in each case by 5:00 p.m. (New York City time) on the Premium Payment Date,
or such later date as agreed upon by the parties (the Premium Payment Date or such later date 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 Nomura and Company under the Transaction shall be cancelled
and terminated and (ii) 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 the other party arising out of and to be performed in connection
with the Transaction either prior to or after the Early Unwind Date; provided that Company shall purchase from Nomura on
the Early Unwind Date all Shares purchased by Nomura or one or more of its affiliates in connection with the Transaction at the
then prevailing market price. Each of Nomura and Company represents and acknowledges to the other that, subject to the proviso
included in this Section ‎9(u), upon an Early Unwind, all obligations with respect to the Transaction shall be deemed fully
and finally discharged.

 

		(v)	Payment by Nomura. In the event that (i) 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, Nomura owes to Company an amount calculated under Section
6(e) of the Agreement, or (ii) Nomura owes to Company, pursuant to Section 12.7 or Section 12.9 of the Equity Definitions, an amount
calculated under Section 12.8 of the Equity Definitions, such amount shall be deemed to be zero.

 

		(w)	Listing of Warrant Shares. Company shall have submitted an application for the listing
of the Warrant Shares on the Exchange, and such application and listing shall have been approved by the Exchange, subject only
to official notice of issuance, in each case, on or prior to the Premium Payment Date.

 

		(x)	Matters relating to Nomura and the Agent.

 

		(i)	Nomura is not registered as a broker or dealer under the Exchange Act. Nomura Securities International,
Inc. (“Agent”) has acted solely as agent for Nomura and Company to the extent required by law in connection
with the Transaction and has no obligations, by way of issuance, endorsement, guarantee or otherwise, with respect to the performance
of either party under the Transaction. The parties agree to proceed solely against each other, and not against Agent, in seeking
enforcement of their rights and obligations with respect to the Transaction, including their rights and obligations with respect
to payment of funds and delivery of securities.

 

		(ii)	Agent may have been paid a fee by Nomura in connection with the Transaction. Further details will
be furnished upon written request.

 

		(iii)	The time of the Transaction will be furnished by Agent upon written request.

 

    	21

    	 

    

 

Please confirm that
the foregoing correctly sets forth the terms of our agreement by executing this Confirmation and returning it to us.

  

	 	Very truly yours,
	 	 	 
	 	 	Nomura Global Financial Products Inc.
	 	 	 
	 	 	 
	 	 	By:	/s/ Charlotte C. Arnold
	 	 	Authorized Signatory
	 	 	Name: Charlotte C. Arnold

  

Accepted and confirmed

as of the Trade Date:

 

	ANI Pharmaceuticals, Inc.
	 
	 
	By:	/s/ Thomas Bailey	 
	Authorized Signatory
	Name:Thomas Bailey

 

    	22EX-4.2

 Exhibit 4.2 
  

 
  

AMENDED AND RESTATED GUARANTY AND COLLATERAL AGREEMENT 

dated as of December 8, 2014 

made by 
 WHITING PETROLEUM
CORPORATION, 
 WHITING OIL AND GAS CORPORATION 

and 
 Each of the Other Obligors
(as defined herein) 
 In Favor of 

JPMORGAN CHASE BANK, N.A. 
 as
Administrative Agent 
  
  

 

 TABLE OF CONTENTS 

 

							
	ARTICLE I	  
	DEFINITIONS	  
			
	 Section 1.01
	 	 Definitions
	  	 	1	  
	 Section 1.02
	 	 Other Definitional Provisions
	  	 	4	  
	 Section 1.03
	 	 Rules of Interpretation
	  	 	4	  
	
	ARTICLE II	  
	GUARANTEE	  
			
	 Section 2.01
	 	 Guarantee
	  	 	4	  
	 Section 2.02
	 	 Right of Contribution
	  	 	5	  
	 Section 2.03
	 	 No Subrogation
	  	 	5	  
	 Section 2.04
	 	 Amendments, Etc.
	  	 	6	  
	 Section 2.05
	 	 Waivers
	  	 	6	  
	 Section 2.06
	 	 Guaranty Absolute and Unconditional
	  	 	6	  
	 Section 2.07
	 	 Payments
	  	 	8	  
	
	ARTICLE III	  
	GRANT OF SECURITY INTEREST	  
			
	 Section 3.01
	 	 Grant of Security Interest
	  	 	8	  
	 Section 3.02
	 	 Transfer of Pledged Securities
	  	 	8	  
	
	ARTICLE IV	  
	REPRESENTATIONS AND WARRANTIES	  
			
	 Section 4.01
	 	 Title; No Other Liens
	  	 	9	  
	 Section 4.02
	 	 Perfected First Priority Liens
	  	 	9	  
	 Section 4.03
	 	 Obligor Information
	  	 	9	  
	 Section 4.04
	 	 Pledged Securities
	  	 	9	  
	 Section 4.05
	 	 Benefit to the Guarantor
	  	 	10	  
	 Section 4.06
	 	 Solvency
	  	 	10	  
	
	ARTICLE V	  
	COVENANTS	  
			
	 Section 5.01
	 	 Maintenance of Perfected Security Interest; Further Documentation
	  	 	10	  
	 Section 5.02
	 	 Filing Office
	  	 	11	  
	 Section 5.03
	 	 Pledged Securities
	  	 	11	  
	
	ARTICLE VI	  
	REMEDIAL PROVISIONS	  
			
	 Section 6.01
	 	 Code and Other Remedies
	  	 	12	  
	 Section 6.02
	 	 Pledged Securities
	  	 	13	  
	 Section 6.03
	 	 Private Sales of Pledged Securities
	  	 	15	  
	 Section 6.04
	 	 Deficiency
	  	 	15	  
	 Section 6.05
	 	 Non-Judicial Enforcement
	  	 	15	  
	
	ARTICLE VII	  
	THE ADMINISTRATIVE AGENT	  
			
	 Section 7.01
	 	 Administrative Agent’s Appointment as Attorney-in-Fact, Etc.
	  	 	16	  
	 Section 7.02
	 	 Duty of Administrative Agent
	  	 	17	  

  
 i 

							
	 Section 7.03
	 	 Filing of Financing Statements
	  	 	17	  
	 Section 7.04
	 	 Authority of Administrative Agent
	  	 	18	  
	
	ARTICLE VIII	  
	SUBORDINATION OF INDEBTEDNESS	  
			
	 Section 8.01
	 	 Subordination of All Obligor Claims
	  	 	18	  
	 Section 8.02
	 	 Claims in Bankruptcy
	  	 	18	  
	 Section 8.03
	 	 Payments Held in Trust
	  	 	18	  
	 Section 8.04
	 	 Liens Subordinate
	  	 	19	  
	
	ARTICLE IX	  
	MISCELLANEOUS	  
			
	 Section 9.01
	 	 Waiver
	  	 	19	  
	 Section 9.02
	 	 Notices
	  	 	19	  
	 Section 9.03
	 	 Amendments in Writing
	  	 	19	  
	 Section 9.04
	 	 Successors and Assigns
	  	 	19	  
	 Section 9.05
	 	 Survival; Revival; Reinstatement
	  	 	20	  
	 Section 9.06
	 	 Counterparts; Integration; Effectiveness
	  	 	20	  
	 Section 9.07
	 	 Severability
	  	 	21	  
	 Section 9.08
	 	 Set-Off
	  	 	21	  
	 Section 9.09
	 	 Governing Law; Submission to Jurisdiction
	  	 	21	  
	 Section 9.10
	 	 Headings
	  	 	22	  
	 Section 9.11
	 	 Acknowledgments
	  	 	22	  
	 Section 9.12
	 	 Additional Obligors and Pledgors
	  	 	23	  
	 Section 9.13
	 	 Releases
	  	 	23	  
	 Section 9.14
	 	 Acceptance
	  	 	24	  
	 Section 9.15
	 	 Guarantor Senior Indebtedness
	  	 	24	  
	 Section 9.16
	 	 Amendment and Restatement
	  	 	24	  

 Annexes, Exhibits and Schedules 
  

			
	Annex I	  	Form of Assumption Agreement
	Annex II	  	Form of Supplement
	Annex III	  	Form of Supplemental Pledge Agreement
		
	Schedule 1	  	Notice Addresses of Obligors
	Schedule 2	  	Description of Pledged Securities
	Schedule 3	  	Filings and Other Actions Required to Perfect Security Interests
	Schedule 4	  	Location of Jurisdiction of Organization and Chief Executive Office
		
	Exhibit A	  	Acknowledgment and Consent

  
 ii 

 This AMENDED AND RESTATED GUARANTY AND COLLATERAL AGREEMENT is dated as of
December 8, 2014, and is by Whiting Petroleum Corporation, a Delaware corporation (the “Parent Guarantor”), Whiting Oil and Gas Corporation, a Delaware corporation (the “Borrower”), and each of the signatories
hereto (the Borrower and each of the signatories hereto, together with any other Restricted Subsidiary of the Parent Guarantor that becomes a party hereto from time to time after the date hereof, the “Obligors”), in favor of
JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, together with its successors in such capacity, the “Administrative Agent”), for the banks and other financial institutions (the “Lenders”) from
time to time parties to the Sixth Amended and Restated Credit Agreement dated as of August 27, 2014 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among the Borrower, the Parent
Guarantor, the Lenders, the Administrative Agent, and the other Agents party thereto. 
 RECITALS 

A. The Parent Guarantor and the Borrower have requested that the Lenders provide certain loans to and extensions of credit on behalf of the
Borrower. 
 B. The Lenders have agreed to make such loans and extensions of credit subject to the terms and conditions of the Credit
Agreement. 
 C. It is a condition precedent to the obligation of the Lenders to make their respective extensions of credit to the Borrower
under the Credit Agreement that the Obligors shall have executed and delivered this Agreement to the Administrative Agent for the ratable benefit of the Guaranteed Creditors. 

D. Now, therefore, in consideration of the premises herein and to induce the Administrative Agent and the Lenders to enter into the Credit
Agreement and to induce the Lenders to make their respective extensions of credit to the Borrower thereunder, each Obligor hereby agrees with the Administrative Agent, for the ratable benefit of the Guaranteed Creditors, as follows: 

ARTICLE I 
 DEFINITIONS

 Section 1.01 Definitions. 

(a) Unless otherwise defined herein, capitalized terms defined in the Credit Agreement and used herein have the meanings given to them in the
Credit Agreement, and all uncapitalized terms which are defined in the UCC on the date hereof are used herein as so defined. 
 (b) The
following terms have the following meanings: 
 “Agreement” means this Amended and Restated Guaranty and Collateral
Agreement, as the same may be amended, supplemented or otherwise modified from time to time. 
 “Assumption Agreement”
means an Assumption Agreement substantially in the form attached hereto as Annex I. 
 “Bankruptcy Code” means Title
11, United States Code, as amended from time to time. 
 “Borrower Obligations” means the collective reference to the
payment and performance when due of all indebtedness, liabilities, obligations and undertakings of the Credit Parties (including, without 

 
limitation, all Indebtedness) of every kind or description arising out of or outstanding under, advanced or issued pursuant, or evidenced by, the Guaranteed Documents, including, without
limitation, the unpaid principal of and interest on the Loans, LC Exposure, Treasury Management Agreements, and all other obligations and liabilities of the Credit Parties (including, without limitation, interest accruing at the then applicable rate
provided in the Credit Agreement after the maturity of the Loans and LC Exposure and interest accruing after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Credit
Parties, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) to the Guaranteed Creditors, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred,
arising out of or outstanding under, advanced or issued pursuant, or evidenced by, the Guaranteed Documents, whether on account of principal, interest, premium, reimbursement obligations, payments in respect of an early termination date, fees,
indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Guaranteed Creditors that are required to be paid by the Credit Parties pursuant to the terms of any Guaranteed Documents). 

“Collateral” has the meaning assigned such term in Section 3.01. 

“Existing Guaranty Agreement” means that certain Guaranty and Pledge Agreement dated October 15, 2010 among Parent
Guarantor, Borrower and Administrative Agent, as the same may have been amended, supplemented or otherwise modified prior to the date hereof. 

“Guaranteed Creditors” means the collective reference to the Administrative Agent, the Lenders, and the Lenders and
Affiliates of Lenders that are parties to Guaranteed Swap Agreements. 
 “Guaranteed Documents” means the collective
reference to the Credit Agreement, the other Loan Documents, each Guaranteed Swap Agreement and any other document made, delivered or given in connection with any of the foregoing. 

“Guaranteed Swap Agreement” means any Swap Agreement between the Borrower, the Parent Guarantor, or any Restricted Subsidiary
on one hand and any Lender or any Affiliate of any Lender on the other hand, entered into while such Person (or, in the case of an Affiliate of a Lender, the Person affiliated therewith) is a Lender, including any Swap Agreement between such Persons
in existence prior to the date hereof. For the avoidance of doubt, a Swap Agreement shall continue to be a Guaranteed Swap Agreement if the Person that is the counterparty to the Parent Guarantor, the Borrower or a Restricted Subsidiary under a Swap
Agreement ceases to be a Lender under the Credit Agreement (or, in the case of an Affiliate of a Lender, the Person affiliated therewith ceases to be a Lender under the Credit Agreement). 

“Guarantor Obligations” means with respect to any Guarantor, all obligations and liabilities of such Guarantor which may
arise under or in connection with any Guaranteed Document to which such Guarantor is a party, in each case, whether on account of principal, interest, guarantee obligations, reimbursement obligations, payments in respect of an early termination
date, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to any Guaranteed Creditor that are required to be paid by a Guarantor pursuant to the terms of any Guaranteed Document).

 “Guarantors” means the collective reference to each Obligor (other than the Borrower) and all Subsidiary Guarantors.

 “Issuers” means the collective reference to each issuer of a Pledged Security. 

  
 2 

 “LLC” means, with respect to each Pledgor, each limited liability company
described or referred to in Schedule 2 in which such Pledgor has an interest. 
 “LLC Agreement” means each
operating agreement relating to an LLC, as each agreement has heretofore been, and may hereafter be, amended, restated, supplemented or otherwise modified from time to time. 

“Obligations” means: (a) in the case of the Borrower, the Borrower Obligations and (b) in the case of each
Guarantor, its Guarantor Obligations. 
 “Obligor Claims” has the meaning assigned to such term in
Section 8.01. 
 “Partnership” means, with respect to each Pledgor, each partnership described or referred to
in Schedule 2 in which such Pledgor has an interest. 
 “Partnership Agreement” means each partnership
agreement governing a Partnership, as each such agreement has heretofore been, and may hereafter be, amended, restated, supplemented or otherwise modified. 

“Pledged LLC Interests” means, with respect to each Pledgor, all right, title and interest of such Pledgor as a member of
each LLC and all right, title and interest of any Pledgor in, to and under each LLC Agreement. 
 “Pledged Partnership
Interests” means, with respect to each Pledgor, all right, title and interest of such Pledgor as a limited or general partner in all Partnerships and all right, title and interest of such Pledgor in, to and under the Partnership Agreements.

 “Pledged Securities” means: (a) the Equity Interests described or referred to in Schedule 2 (as the
same may be supplemented from time to time pursuant to a Supplement in substantially the form of Annex II or Annex III) (in the case of any Equity Interests that are Equity Interests in a Foreign Subsidiary or a FSHCO,
limited to sixty six percent (66%) of all the issued and outstanding shares of all classes of the Equity Interests of such Foreign Subsidiary or FSHCO); and (b) (i) the certificates or instruments, if any, representing such Equity
Interests, (ii) all dividends (cash, Equity Interests or otherwise), cash, instruments, rights to subscribe, purchase or sell and all other rights and Property from time to time received, receivable or otherwise distributed in respect of or in
exchange for any or all of such Equity Interests, (iii) all replacements, additions to and substitutions for any of the Property referred to in this definition, including, without limitation, claims against third parties, (iv) the
proceeds, interest, profits and other income of or on any of the Property referred to in this definition and (v) all security entitlements in respect of any of the foregoing, if any. 

“Pledgor” means any Obligor that now or hereafter pledges Pledged Securities hereunder or pursuant to Section 8.13 of
the Credit Agreement. 
 “Proceeds” means all “proceeds” as such term is defined in Section 9-102(64) of the
Uniform Commercial Code in effect in the State of New York on the date hereof and, in any event, shall include, without limitation, all dividends or other income from the Pledged Securities, collections thereon or distributions or payments with
respect thereto. 
 “Securities Act” means the Securities Act of 1933, as amended. 

“Supplement” means a Supplement substantially in the form attached hereto as Annex II. 

  
 3 

 “Supplemental Pledge Agreement” means a Supplemental Pledge Agreement
substantially in the form attached hereto as Annex III. 
 “UCC” means the Uniform Commercial Code as from time
to time in effect in the State of New York; provided, however, that, in the event that, by reason of mandatory provisions of law, any of the attachment, perfection or priority of the Administrative Agent’s and the Guaranteed
Creditors’ security interest in any Collateral is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the State of New York, the term “UCC” shall mean the Uniform Commercial Code as in effect in such
other jurisdiction for purposes of the provisions hereof relating to such attachment, perfection, the effect thereof or priority and for purposes of definitions related to such provisions. 

Section 1.02 Other Definitional Provisions. Where the context requires, terms relating to the Collateral or any part thereof, when
used in relation to a Pledgor, refer to such Pledgor’s Collateral or the relevant part thereof. 
 Section 1.03 Rules of
Interpretation. Section 1.04 and Section 1.05 of the Credit Agreement are hereby incorporated herein by reference and shall apply to this Agreement, mutatis mutandis. 

ARTICLE II 
 GUARANTEE

 Section 2.01 Guarantee. 

(a) Each of the Guarantors hereby jointly and severally, unconditionally and irrevocably, guarantees to the Guaranteed Creditors and each of
their respective successors and permitted assigns, the prompt and complete payment in cash and performance by the Borrower when due (whether at the stated maturity, by acceleration or otherwise) of the Borrower Obligations. This is a guarantee of
payment and not collection and the liability of each Guarantor is primary and not secondary. 
 (b) Anything herein or in any other
Guaranteed Document to the contrary notwithstanding, (i) the maximum liability of each Guarantor hereunder and under the other Guaranteed Documents shall in no event exceed the amount which can be guaranteed by such Guarantor under applicable
federal and state laws relating to the insolvency of debtors (after giving effect to the right of contribution established in Section 2.02), and (ii) the maximum liability of each of Kodiak, Holdco (US) and their Subsidiaries
hereunder and under the other Guaranteed Documents shall in no event exceed, as to each such Person, the maximum amount which such Person may guarantee without violation of the Kodiak Indentures. 

(c) Each Guarantor agrees that the Borrower Obligations may at any time and from time to time exceed the amount of the liability of such
Guarantor hereunder without impairing the guarantee contained in this Article II or affecting the rights and remedies of any Guaranteed Creditor hereunder. 

(d) Each Guarantor agrees that if the maturity of the Borrower Obligations is accelerated by bankruptcy or otherwise, such maturity shall also
be deemed accelerated for the purpose of this guarantee. The guarantee contained in this Article II shall remain in full force and effect until all the Borrower Obligations except for (i) the Swap Agreements which shall be payable
upon the terms of such Swap Agreements, (ii) contingent obligations not yet due, and (iii) amounts owed or other obligations under Treasury Management Agreements with respect to which satisfactory collateral has been posted, shall have
been satisfied by payment in full in cash, no Letter of Credit shall be outstanding (or all such Letters of Credit shall have been satisfactorily collateralized in the applicable Issuing Bank’s reasonable opinion) and all of the Commitments are
terminated, notwithstanding that from time to time during the term of the Credit Agreement, Borrower Obligations might not be outstanding. 

  
 4 

 (e) No payment made by any Obligor, any other guarantor or any other Person or received or
collected by any Guaranteed Creditor from the Borrower, any of the Guarantors, any other guarantor or any other Person by virtue of any action or proceeding or any set-off or appropriation or application at any time or from time to time in reduction
of or in payment of the Borrower Obligations shall be deemed to modify, reduce, release or otherwise affect the liability of any Guarantor hereunder which shall, notwithstanding any such payment (other than any payment made by such Guarantor in
respect of the Borrower Obligations or any payment received or collected from such Guarantor in respect of the Borrower Obligations), remain liable for the Borrower Obligations up to the maximum liability of such Guarantor hereunder until the
Borrower Obligations except for (i) the Swap Agreements which shall be payable upon the terms of such Swap Agreements, (ii) contingent obligations not yet due, and (iii) amounts owed or other obligations under Treasury Management
Agreements with respect to which satisfactory collateral has been posted, are paid in full in cash, no Letter of Credit shall be outstanding (or all such Letters of Credit shall have been satisfactorily collateralized in the applicable Issuing
Bank’s reasonable opinion) and all of the Commitments are terminated. 
 Section 2.02 Right of Contribution. Subject to the
limitations in Section 2.01(b) hereof, each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share of any payment made hereunder, such Guarantor shall be entitled to seek and receive
contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment. Each Guarantor’s right of contribution also shall be subject to the terms and conditions of Section 2.03. Except
as set forth in Section 2.01(b) hereof, the provisions of this Section 2.02 shall in no respect limit the obligations and liabilities of any Guarantor to the Guaranteed Creditors, and each Guarantor shall remain liable to the
Guaranteed Creditors for the full amount guaranteed by such Guarantor hereunder. 
 Section 2.03 No Subrogation. Notwithstanding
any payment made by any Guarantor hereunder or any set-off or application of funds of any Guarantor by any Guaranteed Creditor, no Guarantor shall be entitled to be subrogated to any of the rights of any Guaranteed Creditor against the Borrower or
any other Guarantor or any collateral security or guarantee or right of offset held by any Guaranteed Creditor for the payment of the Borrower Obligations, nor shall any Guarantor seek or be entitled to seek any indemnity, exoneration,
participation, contribution or reimbursement from the Borrower or any other Guarantor in respect of payments made by such Guarantor hereunder, until all amounts owing to the Guaranteed Creditors by the Borrower on account of the Borrower Obligations
except for (i) the Swap Agreements which shall be payable upon the terms of such Swap Agreements, (ii) contingent obligations not yet due, and (iii) amounts owed or other obligations under Treasury Management Agreements with respect
to which satisfactory collateral has been posted, are paid in full in cash, no Letter of Credit shall be outstanding (or all such Letters of Credit shall have been satisfactorily collateralized in the applicable Issuing Bank’s reasonable
opinion) and all of the Commitments are terminated. If any amount shall be paid to any Guarantor on account of such subrogation rights at any time when all of the Borrower Obligations except for (i) the Swap Agreements which shall be payable
upon the terms of such Swap Agreements, (ii) contingent obligations not yet due, and (iii) amounts owed or other obligations under Treasury Management Agreements with respect to which satisfactory collateral has been posted, shall not have
been paid in full in cash, any Letter of Credit shall be outstanding (or all such Letters of Credit shall have been satisfactorily collateralized in the applicable Issuing Bank’s reasonable opinion) or any of the Commitments are in effect, such
amount shall be held by such Guarantor in trust for the Guaranteed Creditors, and shall, promptly upon receipt by such Guarantor, be turned over to the Administrative Agent in the exact form received by such Guarantor (duly indorsed by such
Guarantor to the Administrative Agent, if required), to be applied against the Borrower Obligations, whether matured or unmatured, in accordance with Section 10.02(c) of the Credit Agreement. 

  
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 Section 2.04 Amendments, Etc. Each Guarantor shall remain obligated hereunder, and
such Guarantor’s obligations hereunder shall not be released, discharged or otherwise affected, notwithstanding that, without any reservation of rights against any Guarantor and without notice to, demand upon or further assent by any Guarantor
(which notice, demand and assent requirements are hereby expressly waived by such Guarantor), (a) any demand for payment of any of the Borrower Obligations made by any Guaranteed Creditor may be rescinded by such Guaranteed Creditor or
otherwise and any of the Borrower Obligations continued; (b) the Borrower Obligations, the liability of any other Person upon or for any part thereof or any collateral security or guarantee therefor or right of offset with respect thereto, may,
from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by, or any indulgence or forbearance in respect thereof granted by, any Guaranteed Creditor; (c) any
Guaranteed Document may be amended, modified, supplemented or terminated, in whole or in part, as the Guaranteed Creditors and any other required parties may deem advisable from time to time; (d) any collateral security, guarantee or right of
offset at any time held by any Guaranteed Creditor for the payment of the Borrower Obligations may be sold, exchanged, waived, surrendered or released; (e) any additional guarantors, makers or endorsers of the Borrower’s Obligations may
from time to time be obligated on the Borrower’s Obligations or any additional security or collateral for the payment and performance of the Borrower’s Obligations may from time to time secure the Borrower’s Obligations; and
(f) any other event shall occur which constitutes a defense or release of sureties generally. No Guaranteed Creditor shall have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Borrower
Obligations or for the guarantee contained in this Article II or any Property subject thereto. 
 Section 2.05
Waivers. Each Guarantor hereby waives any and all notice of the creation, renewal, extension or accrual of any of the Borrower Obligations and notice of or proof of reliance by any Guaranteed Creditor upon the guarantee contained in this
Article II or acceptance of the guarantee contained in this Article II; the Borrower Obligations, and any of them, shall conclusively be deemed to have been created, contracted or incurred, or renewed, extended, amended or
waived, in reliance upon the guarantee contained in this Article II and no notice of creation of the Borrower Obligations or any extension of credit already or hereafter contracted by or extended to the Borrower need be given to any
Guarantor; and all dealings between the Borrower and any of the Guarantors, on the one hand, and the Guaranteed Creditors, on the other hand, likewise shall be conclusively presumed to have been had or consummated in reliance upon the guarantee
contained in this Article II. Except as otherwise provided in the Credit Agreement, each Guarantor waives diligence, presentment, protest, demand for payment and notice of default or nonpayment to or upon the Borrower or any of the
Guarantors with respect to the Borrower Obligations. 
 Section 2.06 Guaranty Absolute and Unconditional. 

(a) Each Guarantor understands and agrees that the guarantee contained in this Article II is, and shall be construed as, a
continuing, completed, absolute and unconditional guarantee of payment, and each Guarantor hereby waives any defense of a surety or guarantor or any other obligor on any obligations (other than a defense of payment or performance) arising in
connection with or in respect of any of the following and hereby agrees that its obligations hereunder shall not be discharged or otherwise affected as a result of, any of the following: 

(i) the invalidity or unenforceability of any Guaranteed Document, any of the Borrower Obligations or any other collateral security therefor
or guarantee or right of offset with respect thereto at any time or from time to time held by any Guaranteed Creditor; 

  
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 (ii) any defense, set-off or counterclaim (other than a defense of payment or performance) which
may at any time be available to or be asserted by the Borrower or any other Person against any Guaranteed Creditor; 
 (iii) the
insolvency, bankruptcy arrangement, reorganization, adjustment, composition, liquidation, disability, dissolution or lack of power of the Borrower or any other Guarantor or any other Person at any time liable for the payment of all or part of the
Obligations, including any discharge of, or bar or stay against collecting, any Obligation (or any part of them or interest therein) in or as a result of such proceeding; 

(iv) any sale, lease or transfer of any or all of the assets of the Borrower or any other Guarantor, or any changes in the shareholders of
the Borrower or any other Guarantor; 
 (v) any change in the corporate existence (including its constitution, laws, rules, regulations or
power), structure or ownership of any Obligor or in the relationship between the Borrower and any Obligor; 
 (vi) the fact that any
Collateral or Lien contemplated or intended to be given, created or granted as security for the repayment of the Obligations shall not be properly perfected or created, or shall prove to be unenforceable or subordinate to any other Lien, it being
recognized and agreed by each of the Guarantors that it is not entering into this Agreement in reliance on, or in contemplation of the benefits of, the validity, enforceability, collectability or value of any of the Collateral for the Obligations;

 (vii) the absence of any attempt to collect the Obligations or any part of them from any Obligor; 

(viii) (A) any Guaranteed Creditor’s election, in any proceeding instituted under chapter 11 of the Bankruptcy Code, of the
application of Section 1111(b)(2) of the Bankruptcy Code; (B) any borrowing or grant of a Lien by the Borrower, as debtor-in-possession, or extension of credit, under Section 364 of the Bankruptcy Code; (C) the disallowance,
under Section 502 of the Bankruptcy Code, of all or any portion of any Guaranteed Creditor’s claim (or claims) for repayment of the Obligations; (D) any use of cash collateral under Section 363 of the Bankruptcy Code;
(E) any agreement or stipulation as to the provision of adequate protection in any bankruptcy proceeding; (F) the avoidance of any Lien in favor of the Guaranteed Creditors or any of them for any reason; or (G) failure by any
Guaranteed Creditor to file or enforce a claim against the Borrower or its estate in any bankruptcy or insolvency case or proceeding; or 

(ix) any other circumstance or act whatsoever, including any action or omission of the type described in Section 2.04 (with or
without notice to or knowledge of the Borrower or such Guarantor), which constitutes, or might be construed to constitute, an equitable or legal discharge of the Borrower for the Borrower Obligations, or of such Guarantor under the guarantee
contained in this Article II, in bankruptcy or in any other instance. 
 (b) When making any demand hereunder or otherwise
pursuing its rights and remedies hereunder against any Guarantor, any Guaranteed Creditor may, but shall be under no obligation to, join or make a similar demand on or otherwise pursue or exhaust such rights and remedies as it may have against the
Borrower, any other Guarantor or any other Person or against any collateral security or guarantee for the Borrower Obligations or any right of offset with respect thereto, and any failure by any Guaranteed Creditor to make any such demand, to pursue
such other rights or remedies or to collect any payments from the Borrower, any other Guarantor or any other Person or to realize upon any such 

  
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collateral security or guarantee or to exercise any such right of offset, or any release of the Borrower, any other Guarantor or any other Person or any such collateral security, guarantee or
right of offset, shall not relieve any Guarantor of any obligation or liability hereunder, and shall not impair or affect the rights and remedies, whether express, implied or available as a matter of law, of any Guaranteed Creditor against any
Guarantor. For the purposes hereof “demand” shall include the commencement and continuance of any legal proceedings. 

Section 2.07 Payments. Each Guarantor hereby guarantees that payments hereunder will be paid to the Administrative Agent, for the
ratable benefit of the Guaranteed Creditors, without set-off, deduction or counterclaim in dollars, in immediately available funds, at the offices of the Administrative Agent specified in Section 12.01 of the Credit Agreement. 

ARTICLE III 
 GRANT OF
SECURITY INTEREST 
 Section 3.01 Grant of Security Interest. Each Pledgor hereby pledges and assigns to the Administrative
Agent, and hereby grants to the Administrative Agent, for the ratable benefit of the Guaranteed Creditors, a security interest in all of the following Property now owned or at any time hereafter acquired by such Pledgor or in which such Pledgor now
has or at any time in the future may acquire any right, title or interest (collectively, the “Collateral”), as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by
acceleration or otherwise) of the Obligations: 
 (a) all Pledged Securities; and 

(b) to the extent not otherwise included, all Proceeds and products of any and all of the foregoing, 

provided, however, that notwithstanding anything to the contrary, in no event shall (i) any Lien granted by Kodiak, Holdco (US) or any of
their Subsidiaries hereunder or under any other Security Instrument or (ii) any Lien granted on the Equity Interests of Kodiak, Holdco (US) or any of their Subsidiaries hereunder or under any other Security Instrument, in either case secure
Obligations in an amount in excess of the maximum amount which such Person may secure by granting a Lien on its assets, or that may be secured by a Lien on the Equity Interests of such Person, in each case without violation of the Kodiak Indentures.

 Section 3.02 Transfer of Pledged Securities. To the extent the Pledged Securities constitute “securities” under
Article 8 of the UCC, all certificates or instruments representing or evidencing the Pledged Securities shall be delivered to and held pursuant hereto by the Administrative Agent or a Person designated by the Administrative Agent and shall be in
suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, and accompanied by any required transfer tax stamps to effect the pledge of the Pledged Securities to the Administrative
Agent. Notwithstanding the preceding sentence, at the Administrative Agent’s sole discretion, to the extent the Pledged Securities constitute “securities” under Article 8 of the UCC, all such Pledged Securities must be delivered or
transferred in such manner as to permit the Administrative Agent to be a “protected purchaser” to the extent of its security interest as provided in Section 8.303 of the UCC (if the Administrative Agent otherwise qualifies as a
protected purchaser). During the continuance of an Event of Default, the Administrative Agent shall have the right, at any time in its discretion and without notice, to transfer to or to register in the name of the Administrative Agent or any of its
nominees any or all of the Pledged Securities, subject only to the revocable rights specified in Section 6.03. In addition, during 

  
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the continuance of an Event of Default, the Administrative Agent shall have the right at any time to exchange certificates or instruments representing or evidencing Pledged Securities for
certificates or instruments of smaller or larger denominations. 
 ARTICLE IV 

REPRESENTATIONS AND WARRANTIES 

To induce the Administrative Agent and the Lenders to enter into the Credit Agreement and to induce the Lenders to make their respective
extensions of credit to the Borrower thereunder and to induce the Lenders (and their Affiliates) to enter into Guaranteed Swap Agreements, each Obligor hereby represents and warrants that on the date of each Loan, issuance, amendment (to increase
the amount or extend the term), renewal or extension of any Letter of Credit (it being understood that solely the Company Representations and the Specified Representations shall be made with respect to Kodiak and its Subsidiaries on the Closing
Date): 
 Section 4.01 Title; No Other Liens. Except for the security interest granted to the Administrative Agent for the
ratable benefit of the Guaranteed Creditors pursuant to this Agreement, such Pledgor is the record and beneficial owner of its respective items of the Collateral free and clear of any and all Liens (other than Liens permitted by the Credit
Agreement) and has the power to grant a security interest in each item of the Collateral in which a Lien is granted by it hereunder. As of the date hereof, no valid financing statement with respect to all or any part of the Collateral is in effect
and on file or of record in any public office, except (i) such as have been filed in favor of the Administrative Agent, for the ratable benefit of the Guaranteed Creditors, pursuant to this Agreement or the Security Instruments and (ii) in
connection with the Existing Credit Agreement. 
 Section 4.02 Perfected First Priority Liens. As of the date hereof, the
security interests granted pursuant to this Agreement (a) upon the completion of the filings and the other actions specified on Schedule 3 constitute valid perfected security interests in all of the Collateral in favor of the
Administrative Agent, for the ratable benefit of the Guaranteed Creditors, as collateral security for the Obligations, enforceable in accordance with the terms hereof against all creditors of such Pledgor and any Persons purporting to purchase any
Collateral from such Pledgor and (b) are prior to all other Liens on the Collateral in existence on the date hereof (other than Liens permitted by the Credit Agreement). 

Section 4.03 Obligor Information. On the date hereof, the correct legal name of such Obligor, all names that such Obligor has used
in the last five years, such Obligor’s jurisdiction of organization and each jurisdiction of organization of such Obligor over the last five years, organizational number, taxpayor identification number are specified on Schedule 4.

 Section 4.04 Pledged Securities. 

(a) As of the date hereof, the Pledged Securities required to be pledged hereunder and under the Credit Agreement by such Pledgor are listed
in Schedule 2. The shares of Pledged Securities pledged by such Pledgor hereunder constitute all the issued and outstanding shares of all classes of the Equity Interests of each Issuer owned by such Pledgor (or in the case of any Issuer
that is a Foreign Subsidiary or FSHCO, sixty six percent (66%) of all the issued and outstanding shares of all classes of the Equity Interests of such Foreign Subsidiary or FSHCO). All the shares of the Pledged Securities have been duly and
validly issued and are fully paid and nonassessable (except as otherwise provided by law); and such Pledgor is the record and beneficial owner of, and has good title to, the Pledged Securities pledged by it hereunder, free and clear of any and all
Liens, except the security interest created by this Agreement and Liens permitted by the Credit Agreement, and has the power to pledge the Pledged Securities in which a Lien is granted by it hereunder. 

  
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 (b) Except as otherwise disclosed to the Administrative Agent from time to time, there are no
restrictions on transfer (that have not been waived or otherwise consented to) in the applicable LLC Agreement governing any Pledged LLC Interest and the applicable Partnership Agreement governing any Pledged Partnership Interest or any other
agreement relating thereto which would limit or restrict (i) the grant of a security interest in the Pledged LLC Interests and the Pledged Partnership Interests, (ii) the perfection of such security interest or (iii) the exercise of
remedies in respect of such perfected security interest in the Pledged LLC Interests and the Pledged Partnership Interests, in each case, as contemplated by this Agreement. Upon the exercise of remedies in respect of the Pledged LLC Interests and
the Pledged Partnership Interests, a transferee or assignee of a membership interest or partnership interest, as the case may be, of such LLC or Partnership, as the case may be, shall become a member or partner, as the case may be, of such LLC or
Partnership, as the case may be, entitled to participate in the management thereof and, upon the transfer of the entire interest of such Pledgor, such Pledgor ceases to be a member or partner, as the case may be. 

Section 4.05 Benefit to the Guarantor. The Borrower is a member of an affiliated group of companies that includes each Guarantor
and the Borrower and the other Guarantors are engaged in related businesses. Each Guarantor is related to the Borrower and its guaranty and surety obligations pursuant to this Agreement is expected to benefit, directly or indirectly, it; and it has
determined that this Agreement is necessary and convenient to the conduct, promotion and attainment of the business of such Guarantor and the Borrower. 

Section 4.06 Solvency. Each Obligor (a) is not insolvent as of the date hereof and will not be rendered insolvent as a result
of this Agreement (after giving effect to Section 2.01(e)), (b) is not engaged in business or a transaction, or about to engage in a business or a transaction, for which any Property remaining with it constitute unreasonably small
capital, and (c) does not intend to incur, or believe it will incur, Debt that will be beyond its ability to pay as such Debt matures. 

ARTICLE V 
 COVENANTS

 Each Obligor covenants and agrees with the Administrative Agent and the Lenders that, from and after the date of this Agreement until
the Borrower Obligations except for (i) the Swap Agreements which shall be payable upon the terms of such Swap Agreements, (ii) contingent obligations not yet due, and (iii) amounts owed or other obligations under Treasury Management
Agreements with respect to which satisfactory collateral has been posted, shall have been paid in full in cash, no Letter of Credit shall be outstanding (or all such Letters of Credit shall have been satisfactorily collateralized in the applicable
Issuing Bank’s reasonable opinion) and all of the Commitments shall have terminated: 
 Section 5.01 Maintenance of Perfected
Security Interest; Further Documentation. In the case of each Pledgor, such Pledgor agrees that: 
 (a) it shall maintain the security
interest created by this Agreement as a perfected security interest having at least the priority described in Section 4.02 and shall defend such security interest against the claims and demands of all Persons whomsoever, other than
holders of Liens permitted by the Credit Agreement. 
 (b) Not more than once in any 12 month period (except following the occurrence and
continuance of an Event of Default, in which case upon request of the Administrative Agent), it will furnish to the Administrative Agent from time to time statements and schedules further identifying and describing the Collateral and such other
reports in connection with the Collateral as the Administrative Agent may reasonably request, all in reasonable detail. 

  
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 (c) At any time and from time to time, upon the written request of the Administrative Agent, and
at the sole expense of such Pledgor, it will promptly and duly execute and deliver, and have recorded, such further instruments and documents and take such further actions as the Administrative Agent may reasonably deem necessary for the purpose of
obtaining or preserving the full benefits of this Agreement and of the rights and powers herein granted, including, without limitation, the delivery of certificated securities, if any, and the filing of any financing or continuation statements under
the UCC (or other similar laws) in effect in any jurisdiction with respect to the security interests created hereby. 
 Section 5.02
Filing Office. Such Obligor recognizes that financing statements pertaining to the Collateral have been or may be filed where such Obligor is organized. 

Section 5.03 Pledged Securities. In the case of each Pledgor, such Pledgor agrees that: 

(a) if such Pledgor shall become entitled to receive or shall receive any stock certificate (including, without limitation, any certificate
representing a stock dividend or a distribution in connection with any reclassification, increase or reduction of capital or any certificate issued in connection with any reorganization), option or rights in respect of the Equity Interests of any
Issuer, whether in addition to, in substitution of, as a conversion of, or in exchange for, any shares of the Pledged Securities, or otherwise in respect thereof, such Pledgor shall accept the same as the agent of the Guaranteed Creditors, hold the
same in trust for the Guaranteed Creditors, segregated from other Property of such Pledgor, and deliver the same, promptly to the Administrative Agent in the exact form received, duly indorsed by such Pledgor to the Administrative Agent, if
required, together with an undated stock power covering such certificate duly executed in blank by such Pledgor to be held by the Administrative Agent, subject to the terms hereof, as additional collateral security for the Obligations;
provided, however, that upon the occurrence of the aforementioned, such Pledgor shall execute a Supplemental Pledge Agreement, substantially in the form attached hereto as Annex III. 

(b) Without the prior written consent of the Administrative Agent, such Pledgor will not unless otherwise expressly permitted hereby or under
the other Loan Documents, (i) at such time as an Event of Default has occurred and is continuing, vote to enable, or take any other action to permit, any Issuer to issue any Equity Interests of any nature or to issue any other securities
convertible into or granting the right to purchase or exchange for any Equity Interests of any nature of any Issuer, (ii) sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Pledged Securities or
Proceeds thereof, or (iii) create, incur or permit to exist any Lien or option in favor of, or any claim of any Person with respect to, any of the Pledged Securities or Proceeds thereof, or any interest therein, except for the security
interests created by this Agreement and Liens permitted by the Credit Agreement or (iv) enter into any agreement or undertaking restricting the right or ability of such Pledgor or the Administrative Agent to sell, assign or transfer any of the
Pledged Securities or Proceeds thereof except for any agreement or instrument of a type contemplated by Section 9.15 of the Credit Agreement or in respect of any other transaction otherwise permitted in the Credit Agreement. 

(c) in the case of each Pledgor that is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this Agreement relating
to the Pledged Securities issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the Administrative Agent promptly in writing of the occurrence of any of the events described in
Section 5.03(a) with respect to the Pledged Securities issued by it and (iii) the terms of Section 6.02(d) and Section 6.03 shall apply to it, mutatis mutandis, with respect to all actions that may be
required of it pursuant to Section 6.02(d) or Section 6.03 with respect to the Pledged Securities issued by it. In the case of any Issuer that is not a Pledgor hereunder, such Pledgor shall promptly cause such Issuer to
execute and deliver to the Administrative Agent an Acknowledgment and Consent in substantially the form of Exhibit A. 

  
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 (d) in the case of each Pledgor that is a partner in a Partnership, such Pledgor hereby consents
to the extent required by the applicable Partnership Agreement to the pledge by each other Pledgor, pursuant to the terms hereof, of the Pledged Partnership Interests in such Partnership and to the transfer of such Pledged Partnership Interests to
the Administrative Agent or its nominee and to the substitution of the Administrative Agent or its nominee as a substituted partner in such Partnership with all the rights, powers and duties of a general partner or a limited partner, as the case may
be, following the exercise of remedies hereunder in connection with the occurrence and continuation of an Event of Default. In the case of each Pledgor that is a member of an LLC, such Pledgor hereby consents to the extent required by the applicable
LLC Agreement to the pledge by each other Pledgor, pursuant to the terms hereof, of the Pledged LLC Interests in such LLC and to the transfer of such Pledged LLC Interests to the Administrative Agent or its nominee and to the substitution of the
Administrative Agent or its nominee as a substituted member of the LLC with all the rights, powers and duties of a member of such LLC following the exercise of remedies hereunder in connection with the occurrence and continuation of an Event of
Default. 
 (e) such Pledgor shall furnish to the Administrative Agent such stock powers and other instruments as may be required by the
Administrative Agent to assure the transferability of the Pledged Securities when and as often as may be reasonably requested by the Administrative Agent. 

(f) During an Event of Default, such Pledgor will not permit any Issuer of any of the Pledged Securities to issue any new shares of any class
of Equity Interests of such Issuer without the prior written consent of the Administrative Agent, such consent not to be unreasonably withheld. 

ARTICLE VI 
 REMEDIAL
PROVISIONS 
 Section 6.01 Code and Other Remedies. 

(a) Upon the occurrence and during the continuance of an Event of Default, 

the Administrative Agent, on behalf of the Guaranteed Creditors, may exercise, in addition to all other rights and remedies granted to them in this Agreement,
the other Loan Documents and in any other instrument or agreement securing, evidencing or relating to the Obligations, all rights and remedies of a secured party under the UCC or any other applicable law or otherwise available at law or equity.
Without limiting the generality of the foregoing, the Administrative Agent, without demand of performance or other demand, presentment, protest, advertisement or notice of any kind (except any notice required by law referred to below) to or upon any
Pledgor or any other Person (all and each of which demands, defenses, advertisements and notices are hereby waived), may in such circumstances (i.e., during the continuance of an Event of Default) forthwith collect, receive, appropriate and realize
upon the Collateral, or any part thereof, and/or may forthwith sell, lease, assign, give option or options to purchase, or otherwise dispose of and deliver the Collateral or any part thereof (or contract to do any of the foregoing), in one or more
parcels at public or private sale or sales, at any exchange, broker’s board or office of any Guaranteed Creditor or elsewhere upon such terms and conditions as it may deem advisable and at such prices as it may deem best, for cash or on credit
or for future delivery without assumption of any credit risk. Any Guaranteed Creditor shall have the right upon any such public sale or sales, and, to the extent permitted by law, upon any such private sale or sales, to purchase the whole or any
part of the Collateral so sold, free of any right or equity of redemption in any Pledgor, which right or equity is hereby waived and released (to the extent permitted by law). If applicable to any particular item of Collateral, each Pledgor further
agrees, at the Administrative Agent’s request, to assemble the Collateral and make it available to the Administrative Agent at places which the Administrative Agent shall reasonably select, whether at such Pledgor’s premises or elsewhere.
Any such sale or transfer by the Administrative Agent 

  
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either to itself or to any other Person shall be absolutely free from any claim of right by Pledgor, including any equity or right of redemption, stay or appraisal which Pledgor has or may have
under any rule of law, regulation or statute now existing or hereafter adopted (and such Pledgor hereby waives any rights it may have in respect thereof). Upon any such sale or transfer, the Administrative Agent shall have the right to deliver,
assign and transfer to the purchaser or transferee thereof the Collateral so sold or transferred. The Administrative Agent shall apply the net proceeds of any action taken by it pursuant to this Section 6.01, after deducting all
reasonable costs and expenses of every kind incurred in connection therewith or incidental to the care or safekeeping of any of the Collateral or in any way relating to the Collateral or the rights of the Administrative Agent and the Guaranteed
Creditors hereunder, including, without limitation, reasonable attorneys’ fees and disbursements, to the payment in whole or in part of the Obligations, in accordance with Section 10.02(c) of the Credit Agreement, and only after such
application and after the payment by the Administrative Agent of any other amount required in connection therewith by any provision of law, including, without limitation, Section 9-615 of the UCC, need the Administrative Agent account for the
surplus, if any, to any Pledgor. To the extent permitted by applicable law, each Pledgor waives all claims, damages and demands it may acquire against the Administrative Agent or any Guaranteed Creditor arising out of the exercise by them of any
rights. If any notice of a proposed sale or other disposition of Collateral shall be required by law, such notice shall be deemed reasonable and proper if given at least 10 days before such sale or other disposition. For the avoidance of doubt, the
remedies set forth in this Section 6.01(a) shall only be pursued during the continuance of an Event of Default. 
 (b) In the
event that the Administrative Agent elects not to sell the Collateral in connection with the exercise of remedies pursuant to Section 6.01(a), the Administrative Agent retains its rights to dispose of or utilize the Collateral or any
part or parts thereof in any manner authorized or permitted by law or in equity, and to apply the proceeds of the same towards payment of the Obligations. Each and every method of disposition of the Collateral described in this Agreement shall
constitute disposition in a commercially reasonable manner. 
 (c) In furtherance of and in connection with this Section 6.01,
the Administrative Agent may appoint any Person as agent to perform any act or acts necessary or incident to any sale or transfer of the Collateral. 

Section 6.02 Pledged Securities. 

(a) Unless an Event of Default shall have occurred and be continuing and the Administrative Agent shall have given notice to the relevant
Pledgor of the Administrative Agent’s intent to exercise its corresponding rights pursuant to Section 6.01(a), each Pledgor shall be permitted to receive all cash dividends paid in respect of the Pledged Securities paid in the
normal course of business of the relevant Issuer and to exercise all voting, consent and corporate, partnership or limited liability rights with respect to the Pledged Securities; provided, however, that no vote shall be cast, consent
given or right exercised or other action taken by such Pledgor that would violate any provision of the Credit Agreement, this Agreement or any other Loan Document or, during an Event of Default, without the prior consent of the Administrative Agent,
enable or permit any issuer of Pledged Securities to issue any Equity Interest or to issue any other securities convertible into or granting the right to purchase or exchange for any Equity Interest of any issuer of Pledged Securities other than as
permitted by the Credit Agreement. During an Event of Default, any sums paid upon or in respect of any Pledged Securities upon the liquidation or dissolution of any issuer of any Pledged Securities, any distribution of capital made on or in respect
of any Pledged Securities or any property distributed upon or with respect to any Pledged Securities pursuant to the recapitalization or reclassification of the capital of any issuer of Pledged Securities or pursuant to the reorganization thereof
shall, unless otherwise subject to a perfected security interest in favor of the Administrative Agent, be delivered to the Administrative Agent to be held by it hereunder as 

  
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additional collateral security for the Obligations. If any sum of money or property so paid or distributed in respect of any Pledged Securities shall be received by such Pledgor, such Pledgor
shall, until such money or property is paid or delivered to the Administrative Agent, hold such money or property in trust for the Administrative Agent, segregated from other funds of such Pledgor, as additional security for the Obligations. 

(b) During the continuance of an Event of Default, upon notice by the Administrative Agent of its intent to exercise such rights to the
relevant Pledgor or Pledgors, (i) the Administrative Agent shall have the right to receive any and all cash dividends, payments, Property or other Proceeds paid in respect of the Pledged Securities and make application thereof to the Borrower
Obligations in accordance with Section 10.02(c) of the Credit Agreement, and (ii) any or all of the Pledged Securities shall be registered in the name of the Administrative Agent or its nominee, and (iii) the Administrative Agent or
its nominee may exercise (A) all voting, consent, corporate, partnership or limited liability and other rights pertaining to such Pledged Securities at any meeting of shareholders, partners or members (or other equivalent body) of the relevant
Issuer or Issuers or otherwise and (B) any and all rights of conversion, exchange and subscription and any other rights, privileges or options pertaining to such Pledged Securities as if it were the absolute owner thereof (including, without
limitation, the right to exchange at its discretion any and all of the Pledged Securities upon the merger, consolidation, reorganization, recapitalization or other fundamental change in the organizational structure of any Issuer, or upon the
exercise by any Pledgor or the Administrative Agent of any right, privilege or option pertaining to such Pledged Securities, and in connection therewith, the right to deposit and deliver any and all of the Pledged Securities with any committee,
depositary, transfer agent, registrar or other designated agency upon such terms and conditions as the Administrative Agent may determine), all without liability except to account for Property actually received by it, but the Administrative Agent
shall have no duty to any Pledgor to exercise any such right, privilege or option and shall not be responsible for any failure to do so or delay in so doing. 

(c) During the continuance of an Event of Default, until the payment in full in cash of the Obligations except for (i) the Swap
Agreements which shall be payable upon the terms of such Swap Agreements, (ii) contingent obligations not yet due, and (iii) amounts owed or other obligations under Treasury Management Agreements with respect to which satisfactory
collateral has been posted, and in order to permit the Administrative Agent to exercise the voting and other consensual rights that it may be entitled to exercise pursuant hereto and to receive all dividends and other distributions that it may be
entitled to receive hereunder, (i) each Pledgor shall promptly execute and deliver (or cause to be executed and delivered) to the Administrative Agent all such proxies, dividend payment orders and other instruments as the Administrative Agent
may from time to time reasonably request and (ii) without limiting the effect of clause (i) above, such Pledgor hereby grants to the Administrative Agent an irrevocable proxy to vote all or any part of the Pledged Securities and to
exercise all other rights, powers, privileges and remedies to which a holder of the Pledged Securities would be entitled (including giving or withholding written consents of shareholders, partners or members, as the case may be, calling special
meetings of shareholders, partners or members, as the case may be, and voting at such meetings), which proxy shall be effective, automatically and without the necessity of any action (including any transfer of any Pledged Securities on the record
books of the Issuer thereof) by any other Person (including the Issuer of such Pledged Securities or any officer or agent thereof). 
 (d)
Each Pledgor hereby authorizes and instructs each Issuer of any Pledged Securities pledged by such Pledgor hereunder to (i) comply with any instruction received by it from the Administrative Agent in writing (a copy of which instructions shall
also be provided by the Administrative Agent to the relevant Pledgor) that (A) states that an Event of Default has occurred and is continuing and (B) is otherwise in accordance with the terms of this Agreement, without any other or further
instructions from such Pledgor, and each Pledgor agrees that each Issuer shall be fully protected in 

  
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so complying, and (ii) unless otherwise expressly permitted hereby, pay any dividends with respect to the Pledged Securities directly to the Administrative Agent, if requested by the
Administrative Agent pursuant to the instruction above. 
 (e) Upon the occurrence and during the continuance of an Event of Default, if the
Issuer of any Pledged Securities is the subject of bankruptcy, insolvency, receivership, custodianship or other proceedings under the supervision of any Governmental Authority, then all rights of the Pledgor in respect thereof to exercise the voting
and other consensual rights which such Pledgor would otherwise be entitled to exercise with respect to the Pledged Securities issued by such Issuer shall cease, and all such rights shall thereupon become vested in the Administrative Agent who shall
thereupon have the sole right to exercise such voting and other consensual rights, but the Administrative Agent shall have no duty to exercise any such voting or other consensual rights and shall not be responsible for any failure to do so or delay
in so doing. 
 Section 6.03 Private Sales of Pledged Securities. 

(a) Each Pledgor recognizes that the Administrative Agent may be unable to effect a public sale of any or all the Pledged Securities, by
reason of certain prohibitions contained in the Securities Act and applicable state securities laws or otherwise or may determine that a public sale is impracticable or not commercially reasonable and, accordingly, may resort to one or more private
sales thereof to a restricted group of purchasers which will be obliged to agree, among other things, to acquire such securities for their own account for investment and not with a view to the distribution or resale thereof. Each Pledgor
acknowledges and agrees that any such private sale may result in prices and other terms less favorable than if such sale were a public sale and, notwithstanding such circumstances, agrees that any such private sale shall be deemed to have been made
in a commercially reasonable manner. The Administrative Agent shall be under no obligation to delay a sale of any of the Pledged Securities for the period of time necessary to permit the Issuer thereof to register such securities for public sale
under the Securities Act, or under applicable state securities laws, even if such Issuer would agree to do so. For the avoidance of doubt, the terms of Section 6.03(a) and (b) shall only apply during the continuance of an Event of Default.

 (b) Each Pledgor agrees to use its best efforts to do or cause to be done all such other acts as may reasonably be necessary to make such
sale or sales of all or any portion of the Pledged Securities pursuant to this Section 6.03 valid and binding and in compliance with any and all other applicable Governmental Requirements. Each Pledgor further agrees that a breach of any
of the covenants contained in this Section 6.03 will cause irreparable injury to the Guaranteed Creditors, that the Guaranteed Creditors have no adequate remedy at law in respect of such breach and, as a consequence, that each and every
covenant contained in this Section 6.03 shall be specifically enforceable against such Pledgor, and such Pledgor hereby waives and agrees not to assert any defenses against an action for specific performance of such covenants except for
a defense that no Event of Default has occurred or is continuing under the Credit Agreement. 
 Section 6.04 Deficiency. Each
Pledgor shall remain liable for any deficiency if the proceeds of any sale or other disposition of the Collateral are insufficient to pay its Obligations and the fees and disbursements of any attorneys employed by the Administrative Agent or any
Guaranteed Creditor to collect such deficiency. 
 Section 6.05 Non-Judicial Enforcement. The Administrative Agent may enforce
its rights hereunder without prior judicial process or judicial hearing, and to the extent permitted by law, each Pledgor expressly waives any and all legal rights which might otherwise require the Administrative Agent to enforce its rights by
judicial process. 

  
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 ARTICLE VII 

THE ADMINISTRATIVE AGENT 

Section 7.01 Administrative Agent’s Appointment as Attorney-in-Fact, Etc. 

(a) Each Pledgor hereby irrevocably constitutes and appoints the Administrative Agent and any officer or agent thereof, with full power of
substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of such Pledgor and in the name of such Pledgor or in its own name, exercisable during an Event of Default, for the purpose of
carrying out the terms of this Agreement, to take any and all reasonably appropriate action and to execute any and all documents and instruments which may be reasonably necessary or desirable to accomplish the purposes of this Agreement, and,
without limiting the generality of the foregoing, each Pledgor hereby gives the Administrative Agent the power and right, on behalf of such Pledgor, without assent by such Pledgor (but with notice provided to such Pledgor in each case) to do any or
all of the following: 
 (i) unless being disputed in accordance with or as otherwise permitted by the Credit Agreement, pay or discharge
Taxes and Liens levied or placed on or threatened against the Collateral, effect any repairs or any insurance called for by the terms of this Agreement or any other Loan Document and pay all or any part of the premiums therefor and the costs
thereof; 
 (ii) execute, in connection with any sale provided for in Section 6.01 or Section 6.03, any
endorsements, assignments or other instruments of conveyance or transfer with respect to the Collateral; and 
 (iii) (A) direct any party
liable for any payment under any of the Collateral to make payment of any and all moneys due or to become due thereunder directly to the Administrative Agent or as the Administrative Agent shall direct; (B) ask or demand for, collect, and
receive payment of and receipt for, any and all moneys, claims and other amounts due or to become due at any time in respect of or arising out of any Collateral; (C) in the name of such Pledgor or its own name, or otherwise, take possession of
and indorse and collect any check, draft, note, acceptance or other instrument for the payment of moneys due with respect to any Collateral and commence and prosecute any suits, actions or proceedings at law or in equity in any court of competent
jurisdiction to collect the Collateral or any portion thereof and to enforce any other right in respect of any Collateral; (D) defend any suit, action or proceeding brought against such Pledgor with respect to any Collateral; (E) settle,
compromise or adjust any such suit, action or proceeding and, in connection therewith, give such discharges or releases as the Administrative Agent may deem appropriate; and (F) generally, sell, transfer, pledge and make any agreement with
respect to or otherwise deal with any of the Collateral as fully and completely as though the Administrative Agent were the absolute owner thereof for all purposes, and do, at the Administrative Agent’s option and such Pledgor’s expense,
at any time, or from time to time, all acts and things which the Administrative Agent deems necessary to protect, preserve or realize upon the Collateral and the Administrative Agent’s and the Guaranteed Creditors’ security interests
therein and to effect the intent of this Agreement, all as fully and effectively as such Pledgor might do. 
 Anything in this
Section 7.01(a) to the contrary notwithstanding, the Administrative Agent agrees that it will not exercise any rights under the power of attorney provided for in this Section 7.01(a) unless an Event of Default shall have
occurred and be continuing. 
 (b) During an Event of Default, the Administrative Agent, at its option, but without any obligation so to do,
may perform or comply on behalf of the relevant Obligor, or otherwise cause performance or compliance on behalf of the relevant Obligor, with such agreement. 

  
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 (c) The expenses of the Administrative Agent incurred in connection with actions undertaken as
provided in this Section 7.01, together with interest thereon at a rate per annum equal to the post-default rate specified in Section 3.02(c) of the Credit Agreement, but in no event to exceed the Highest Lawful Rate, from the date
of the relevant Obligor’s receipt of a written invoice in reasonable detail from the Administrative Agent to the date reimbursed by such Obligor, shall promptly be paid by such Obligor to the Administrative Agent. 

(d) Each Obligor hereby ratifies all that said attorneys shall lawfully do or cause to be done by virtue hereof and in compliance herewith.
All powers, authorizations and agencies contained in this Agreement are coupled with an interest and are irrevocable until the Obligations except for (i) the Swap Agreements which shall be payable upon the terms of such Swap Agreements,
(ii) contingent obligations not yet due, and (iii) amounts owed or other obligations under Treasury Management Agreements with respect to which satisfactory collateral has been posted, are paid in full in cash. 

Section 7.02 Duty of Administrative Agent. The Administrative Agent’s sole duty with respect to the custody, safekeeping and
physical preservation of the Collateral in its possession, under Section 9-207 of the UCC or otherwise, shall be to deal with it in the same manner as the Administrative Agent deals with similar Property for its own account and shall be deemed
to have exercised reasonable care in the custody and preservation of the Collateral in its possession if the Collateral is accorded treatment substantially equal to that which comparable secured parties accord comparable collateral. Neither the
Administrative Agent, any Guaranteed Creditor nor any of their Related Parties shall be liable for failure to demand, collect or realize upon any of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise
dispose of any Collateral upon the request of any Pledgor or any other Person or to take any other action whatsoever with regard to the Collateral or any part thereof. The powers conferred on the Administrative Agent and the Guaranteed Creditors
hereunder are solely to protect the Administrative Agent’s and the Guaranteed Creditors’ interests in the Collateral and shall not impose any duty upon the Administrative Agent or any Guaranteed Creditor to exercise any such powers. The
Administrative Agent and the Guaranteed Creditors shall be accountable only for amounts that they actually receive as a result of the exercise of such powers, and neither they nor any of their Related Parties shall be responsible to any Obligor for
any act or failure to act hereunder, except for their own gross negligence, bad faith, breach of contract or willful misconduct. To the fullest extent permitted by applicable law, the Administrative Agent shall, except as specifically set forth in
this Agreement and the other Loan Documents, be under no duty whatsoever to make or give any presentment, notice of dishonor, protest, demand for performance, notice of non-performance, notice of intent to accelerate, notice of acceleration, or
other notice or demand in connection with any Collateral or the Obligations, or to take any steps necessary to preserve any rights against any Pledgor or other Person or ascertaining or taking action with respect to calls, conversions, exchanges,
maturities, tenders or other matters relative to any Collateral, whether or not it has or is deemed to have knowledge of such matters. Each Obligor, to the extent permitted by applicable law, waives any right of marshaling in respect of any and all
Collateral, and waives any right to require the Administrative Agent or any Guaranteed Creditor to proceed against any Obligor or other Person, exhaust any Collateral or enforce any other remedy which the Administrative Agent or any Guaranteed
Creditor now has or may hereafter have against each Obligor, any Obligor or other Person. 
 Section 7.03 Filing of Financing
Statements. Pursuant to the UCC and any other applicable law, each Pledgor authorizes the Administrative Agent to file or record financing statements and other filing or recording documents or instruments with respect to the Collateral in such
form and in such offices as the Administrative Agent reasonably determines appropriate to perfect the security interests of the Administrative Agent under this Agreement. A photographic or other reproduction of this Agreement shall be sufficient as
a financing statement or other filing or recording document or instrument for filing or recording in any jurisdiction. 

  
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 Section 7.04 Authority of Administrative Agent. Each Obligor acknowledges that the
rights and responsibilities of the Administrative Agent under this Agreement with respect to any action taken by the Administrative Agent or the exercise or non-exercise by the Administrative Agent of any option, voting right, request, judgment or
other right or remedy provided for herein or resulting or arising out of this Agreement shall, as between the Administrative Agent and the Guaranteed Creditors, be governed by the Credit Agreement and by such other agreements with respect thereto as
may exist from time to time among them, but, as between the Administrative Agent and the Obligors, the Administrative Agent shall be conclusively presumed to be acting as agent for the Guaranteed Creditors with full and valid authority so to act or
refrain from acting, and no Obligor shall be under any obligation, or entitlement, to make any inquiry respecting such authority. 

ARTICLE VIII 

SUBORDINATION OF INDEBTEDNESS 

Section 8.01 Subordination of All Obligor Claims. As used herein, the term “Obligor Claims” shall mean all debts
and obligations of the Borrower or any other Obligor to any other Obligor, whether such debts and obligations now exist or are hereafter incurred or arise, or whether the obligation of the debtor thereon be direct, contingent, primary, secondary,
several, joint and several, or otherwise, and irrespective of whether such debts or obligations be evidenced by note, contract, open account, or otherwise, and irrespective of the Person or Persons in whose favor such debts or obligations may, at
their inception, have been, or may hereafter be created, or the manner in which they have been or may hereafter be acquired by. 

Section 8.02 Claims in Bankruptcy. In the event of receivership, bankruptcy, reorganization, arrangement, debtor’s relief, or
other insolvency proceedings of any Obligor, the Administrative Agent on behalf of the Administrative Agent and the Guaranteed Creditors shall have the right to prove their claim in any proceeding, so as to establish their rights hereunder and
receive directly from the receiver, trustee or other court custodian, dividends and payments which would otherwise be payable upon Obligor Claims. Effective upon the occurrence of an event described in the prior sentence, each Obligor hereby assigns
such dividends and payments to the Administrative Agent for the benefit of the Administrative Agent and the Guaranteed Creditors for application against the Borrower Obligations as provided under Section 10.02(c) of the Credit Agreement. After
the occurrence of an event described in the first sentence of this Section 8.02, should any Agent or Guaranteed Creditor receive, for application upon the Obligations, any such dividend or payment which is otherwise payable to any Obligor, and
which, as between such Obligors, shall constitute a credit upon the Obligor Claims, then upon payment in full in cash of the Borrower Obligations except for (i) the Swap Agreements which shall be payable upon the terms of such Swap Agreements,
(ii) contingent obligations not yet due, and (iii) amounts owed or other obligations under Treasury Management Agreements with respect to which satisfactory collateral has been posted, the expiration of all Letters of Credit (or all such
Letters of Credit shall have been satisfactorily collateralized in the applicable Issuing Bank’s reasonable opinion) outstanding under the Credit Agreement and the termination of all of the Commitments, the intended recipient shall become
subrogated to the rights of the Administrative Agent and the Guaranteed Creditors to the extent that such payments to the Administrative Agent and the Guaranteed Creditors on the Obligor Claims have contributed toward the liquidation of the
Obligations, and such subrogation shall be with respect to that proportion of the Obligations which would have been unpaid if the Administrative Agent and the Guaranteed Creditors had not received dividends or payments upon the Obligor Claims. 

Section 8.03 Payments Held in Trust. In the event that notwithstanding Section 8.01 and Section 8.02, any
Obligor should receive any funds, payments, claims or distributions which are prohibited by such Sections, then it agrees: (a) to hold in trust for the Administrative Agent and the Guaranteed Creditors an amount equal to the amount of all
funds, payments, claims or distributions so 

  
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received, and (b) that it shall have absolutely no dominion over the amount of such funds, payments, claims or distributions except to pay them promptly to the Administrative Agent, for the
benefit of the Guaranteed Creditors; and each Obligor covenants promptly to pay the same to the Administrative Agent. 
 Section 8.04
Liens Subordinate. Each Obligor agrees that, until the Borrower Obligations except for (i) the Swap Agreements which shall be payable upon the terms of such Swap Agreements, (ii) contingent obligations not yet due, and
(iii) amounts owed or other obligations under Treasury Management Agreements with respect to which satisfactory collateral has been posted, are paid in full in cash, no Letter of Credit shall be outstanding (or all such Letters of Credit shall
have been satisfactorily collateralized in the applicable Issuing Bank’s reasonable opinion) and the termination of all of the Commitments, any Liens securing payment of the Obligor Claims shall be and remain inferior and subordinate to any
Liens securing payment of the Obligations, regardless of whether such encumbrances in favor of such Obligor, the Administrative Agent or any Guaranteed Creditor presently exist or are hereafter created or attach. Without the prior written consent of
the Administrative Agent and until the Borrower Obligations except for (i) the Swap Agreements which shall be payable upon the terms of such Swap Agreements, (ii) contingent obligations not yet due, and (iii) amounts owed or other
obligations under Treasury Management Agreements with respect to which satisfactory collateral has been posted, are paid in full in cash, no Letter of Credit shall be outstanding (or all such Letters of Credit shall have been satisfactorily
collateralized in the applicable Issuing Bank’s reasonable opinion) and all of the Commitments are terminated, no Obligor shall (a) exercise or enforce any creditor’s right it may have against any debtor in respect of the Obligor
Claims, or (b) foreclose, repossess, sequester or otherwise take steps or institute any action or proceeding (judicial or otherwise, including without limitation the commencement of or joinder in any liquidation, bankruptcy, rearrangement,
debtor’s relief or insolvency proceeding) to enforce any Lien held by it. 
 ARTICLE IX 

MISCELLANEOUS 

Section 9.01 Waiver. No failure on the part of the Administrative Agent or any Guaranteed Creditor to exercise and no delay in
exercising, and no course of dealing with respect to, any right, power, privilege or remedy or any abandonment or discontinuance of steps to enforce such right, power, privilege or remedy under this Agreement or any other Loan Document shall operate
as a waiver thereof, nor shall any single or partial exercise of any right, power, privilege or remedy under this Agreement or any other Loan Document preclude or be construed as a waiver of any other or further exercise thereof or the exercise of
any other right, power, privilege or remedy. The remedies provided herein are cumulative and not exclusive of any remedies provided by law or equity. 

Section 9.02 Notices. All notices and other communications provided for herein shall be given in the manner and subject to the
terms of Section 12.01 of the Credit Agreement; provided that any such notice, request or demand to or upon any Guarantor shall be addressed to such Guarantor at its notice address set forth on Schedule 1 (or other such address as
provided by such Guarantor to the Administrative Agent). 
 Section 9.03 Amendments in Writing. None of the terms or provisions
of this Agreement may be waived, amended, supplemented or otherwise modified except in accordance with Section 12.02 of the Credit Agreement. 

Section 9.04 Successors and Assigns. The provisions of this Agreement shall be binding upon the Obligors and their successors and
assigns and shall inure to the benefit of the Administrative Agent and the Guaranteed Creditors and their respective successors and assigns. 

  
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 Section 9.05 Survival; Revival; Reinstatement. 

(a) All covenants, agreements, representations and warranties made by any Obligor herein and in the certificates or other instruments
delivered in connection with or pursuant to this Agreement or any other Loan Document to which it is a party shall be considered to have been relied upon by the Administrative Agent, the other Agents, the Issuing Bank and the Lenders and shall
survive the execution and delivery of this Agreement and the making of any Loans and issuance of any Letters of Credit, regardless of any investigation made by any such other party or on its behalf and notwithstanding that the Administrative Agent,
the other Agents, the Issuing Bank or any Lender may have had notice or knowledge of any Default or incorrect representation or warranty at the time any credit is extended hereunder, and shall continue in full force and effect as long as the
principal of or any accrued interest on any Loan or any fee or any other amount payable under the Credit Agreement except for (i) the Swap Agreements which shall be payable upon the terms of such Swap Agreements, (ii) contingent
obligations not yet due, and (iii) amounts owed or other obligations under Treasury Management Agreements with respect to which satisfactory collateral has been posted, is outstanding and unpaid or any Letter of Credit is outstanding (or all
such Letters of Credit shall have been satisfactorily collateralized in the applicable Issuing Bank’s reasonable opinion) and so long as the Commitments have not expired or terminated. 

(b) To the extent that any payments on the Guarantor Obligations or proceeds of any Collateral are subsequently invalidated, declared to be
fraudulent or preferential, set aside or required to be repaid to a trustee, debtor in possession, receiver or other Person under any bankruptcy law, common law or equitable cause, then to such extent, the Guarantor Obligations so satisfied shall be
revived and continue (including without limitation all Guarantor Obligations arising under Article II hereof) as if such payment or proceeds had not been received and the Administrative Agent’s and the Guaranteed Creditors’ Liens,
security interests, rights, powers and remedies under this Agreement and each other Loan Document shall continue in full force and effect. In such event, each Loan Document shall be automatically reinstated and the Borrower shall take such action as
may be reasonably requested by the Administrative Agent and the Guaranteed Creditors to effect such reinstatement. 
 Section 9.06
Counterparts; Integration; Effectiveness. 
 (a) This Agreement may be executed in counterparts (and by different parties hereto on
different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. 

(b) This Agreement, the other Loan Documents and any separate letter agreements with respect to fees payable to the Administrative Agent
constitute the entire contract among the parties relating to the subject matter hereof and thereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof and thereof. This Agreement
and the other Loan Documents (other than the Letters of Credit and the Letter of Credit Agreements) represent the final agreement among the parties hereto and thereto and may not be contradicted by evidence of prior, contemporaneous or subsequent
oral agreements of the parties. There are no unwritten oral agreements between the parties. 
 (c) This Agreement shall become effective
when it shall have been executed by the Administrative Agent and when the Administrative Agent shall have received counterparts hereof which, when taken together, bear the signatures of each of the other parties hereto, and thereafter shall be
binding upon and inure to the benefit of the parties hereto, the Lenders and their respective successors and assigns. Delivery of an executed counterpart of a signature page of this Agreement by e-mail or facsimile shall be effective as delivery of
a manually executed counterpart of this Agreement. 

  
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 Section 9.07 Severability. Any provision of this Agreement or any other Loan Document
held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the
remaining provisions hereof or thereof; and the invalidity of a particular provision in a particular jurisdiction shall not invalidate such provision in any other jurisdiction. 

Section 9.08 Set-Off. If an Event of Default shall have occurred and be continuing, each Lender (and each of its Affiliates that
is party to a Guaranteed Swap Agreement) is hereby authorized at any time and from time to time, to the fullest extent permitted by law, to set off and apply any and all deposits (general or special, time or demand, provisional or final, but
excluding any deposits held in any trustee, agency, fiduciary or other capacity for the benefit of one or more third parties) at any time held and other obligations (of whatsoever kind, including, without limitation, obligations under Swap
Agreements) at any time owing by such Lender (or Affiliate that is party to such Guaranteed Swap Agreement) to or for the credit or the account of any Obligor against any of and all the obligations of the Obligor owed to such Lender now or hereafter
existing under this Agreement or any other Loan Document, irrespective of whether or not such Lender shall have made any demand under this Agreement or any other Loan Document and although such obligations may be unmatured. The rights of each Lender
under this Section 9.08 are in addition to other rights and remedies (including other rights of setoff) which such Lender or such Affiliates may have. Any Lender or Affiliate that exercises a right of setoff under this section shall
provide the Obligor prompt written notice thereof, it being understood that the failure to do so shall not impair the effectiveness of any such setoff in accordance with this Section. 

Section 9.09 Governing Law; Submission to Jurisdiction. 

(a) THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NEW YORK; PROVIDED THAT
(i) THE DETERMINATION OF THE ACCURACY OF ANY COMPANY REPRESENTATIONS AND WHETHER AS A RESULT OF ANY INACCURACY THEREOF THE PARENT GUARANTOR HAS THE RIGHT TO TERMINATE ITS OBLIGATIONS UNDER THE PSA OR THERE IS A FAILURE OF A CONDITION PRECEDENT
TO THE PARENT GUARANTOR’S OBLIGATIONS UNDER THE PSA AND (ii) TO THE EXTENT THERE IS A DISPUTE HEREUNDER AS TO THE SPECIFIC QUESTION OF WHETHER THE ACQUISITION HAS BEEN CONSUMMATED IN ACCORDANCE WITH THE TERMS OF THE PSA, THEN EACH OF THE
FOREGOING, IN EACH CASE, SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF DELAWARE APPLICABLE TO AGREEMENTS SUCH AS THE PSA (INCLUDING DELAWARE CASE LAW), WITHOUT GIVING EFFECT TO ANY CHOICE OR CONFLICT OF LAWS
PROVISION OR RULE (WHETHER OF THE STATE OF DELAWARE OR ANY OTHER JURISDICTION) THAT WOULD CAUSE THE APPLICATION OF THE LAWS OF ANY JURISDICTION OTHER THAN THE LAWS OF THE STATE OF DELAWARE AND PROVIDED FURTHER THAT MATTERS SUBJECT TO
OR CONTEMPLATED BY THE BUSINESS CORPORATIONS ACT (BRITISH COLUMBIA), INCLUDING THE PLAN OF ARRANGEMENT (AS DEFINED IN THE PSA), SHALL BE INTERPRETED, CONSTRUED AND GOVERNED BY AND IN ACCORDANCE WITH THE LAWS OF THE PROVINCE OF BRITISH COLUMBIA AND
FEDERAL LAWS APPLICABLE THEREIN (INCLUDING PROVINCE OF BRITISH COLUMBIA CASE LAW), WITHOUT GIVING EFFECT TO ANY CHOICE OR CONFLICT OF LAWS PROVISION OR RULE (WHETHER OF THE PROVINCE OF BRITISH COLUMBIA OR ANY OTHER JURISDICTION) THAT WOULD CAUSE THE
APPLICATION OF THE LAWS OF ANY JURISDICTION OTHER THAN THE LAWS OF THE PROVINCE OF BRITISH COLUMBIA. 

  
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 (b) ANY LEGAL ACTION OR PROCEEDING WITH RESPECT TO THIS AGREEMENT SHALL BE BROUGHT IN THE COURTS
OF THE STATE OF NEW YORK OR OF THE UNITED STATES OF AMERICA FOR THE SOUTHERN DISTRICT OF NEW YORK, AND, BY EXECUTION AND DELIVERY OF THIS AGREEMENT, EACH OF THE PARTIES HEREBY ACCEPTS FOR ITSELF AND (TO THE EXTENT PERMITTED BY LAW) IN RESPECT OF ITS
PROPERTY, GENERALLY AND UNCONDITIONALLY, THE JURISDICTION OF THE AFORESAID COURTS. EACH PARTY HEREBY IRREVOCABLY WAIVES ANY OBJECTION, INCLUDING, WITHOUT LIMITATION, ANY OBJECTION TO THE LAYING OF VENUE OR BASED ON THE GROUNDS OF FORUM NON
CONVENIENS, WHICH IT MAY NOW OR HEREAFTER HAVE TO THE BRINGING OF ANY SUCH ACTION OR PROCEEDING IN SUCH RESPECTIVE JURISDICTIONS. THIS SUBMISSION TO JURISDICTION IS NON-EXCLUSIVE AND DOES NOT PRECLUDE A PARTY FROM OBTAINING JURISDICTION OVER ANOTHER
PARTY IN ANY COURT OTHERWISE HAVING JURISDICTION. 
 (c) EACH PARTY IRREVOCABLY CONSENTS TO THE SERVICE OF PROCESS OF ANY OF THE
AFOREMENTIONED COURTS IN ANY SUCH ACTION OR PROCEEDING BY THE MAILING OF COPIES THEREOF BY REGISTERED OR CERTIFIED MAIL, POSTAGE PREPAID, TO IT AT THE ADDRESS SPECIFIED IN SECTION 12.01 OF THE CREDIT AGREEMENT (OR SUCH OTHER ADDRESS AS IS SPECIFIED
PURSUANT TO SECTION 12.01 OF THE CREDIT AGREEMENT) OR SCHEDULE 1 HERETO, AS APPLICABLE, SUCH SERVICE TO BECOME EFFECTIVE THIRTY (30) DAYS AFTER SUCH MAILING. NOTHING HEREIN SHALL AFFECT THE RIGHT OF A PARTY OR ANY HOLDER OF A NOTE TO
SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW OR TO COMMENCE LEGAL PROCEEDINGS OR OTHERWISE PROCEED AGAINST ANOTHER PARTY IN ANY OTHER JURISDICTION. 

(d) EACH PARTY HEREBY (1) IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, TRIAL BY JURY IN ANY LEGAL
ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN; (2) IRREVOCABLY WAIVES, TO THE MAXIMUM EXTENT NOT PROHIBITED BY LAW, ANY RIGHT IT MAY HAVE TO CLAIM OR RECOVER IN ANY SUCH LITIGATION
ANY SPECIAL, EXEMPLARY, PUNITIVE OR CONSEQUENTIAL DAMAGES, OR DAMAGES OTHER THAN, OR IN ADDITION TO, ACTUAL DAMAGES; (3) CERTIFIES THAT NO PARTY HERETO NOR ANY REPRESENTATIVE OR AGENT OF COUNSEL FOR ANY PARTY HERETO HAS REPRESENTED, EXPRESSLY
OR OTHERWISE, OR IMPLIED THAT SUCH PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVERS; AND (4) ACKNOWLEDGES THAT IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT, THE OTHER LOAN DOCUMENTS AND THE TRANSACTIONS
CONTEMPLATED HEREBY AND THEREBY BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS CONTAINED IN THIS SECTION 9.09. 

Section 9.10 Headings. Article and Section headings and the Table of Contents used herein are for convenience of reference only,
are not part of this Agreement and shall not affect the construction of, or be taken into consideration in interpreting, this Agreement. 

Section 9.11 Acknowledgments. Each Obligor hereby acknowledges that: 

(a) it has been advised by counsel in the negotiation, execution and delivery of this Agreement and the other Loan Documents to which it is a
party; 

  
 22 

 (b) neither the Administrative Agent nor any Guaranteed Creditor has any fiduciary relationship
with or duty to any Obligor arising out of or in connection with this Agreement or any of the other Loan Documents, and the relationship between the Obligors, on the one hand, and the Administrative Agent and Guaranteed Creditors, on the other hand,
in connection herewith or therewith is solely that of debtor and creditor; 
 (c) no joint venture is created hereby or by the other Loan
Documents or otherwise exists by virtue of the transactions contemplated hereby among the Guaranteed Creditors or among the Obligors and the Guaranteed Creditors; and 

(d) each of the parties hereto specifically agrees that it has a duty to read this Agreement, the Security Instruments and the other Loan
Documents and agrees that it is charged with notice and knowledge of the terms of this Agreement, the Security Instruments and the other Loan Documents; that it has in fact read this Agreement, the Security Instruments and the other Loan Documents
and is fully informed and has full notice and knowledge of the terms, conditions and effects thereof; that it has been represented by independent legal counsel of its choice throughout the negotiations preceding its execution of this Agreement and
the Security Instruments; and has received the advice of its attorney in entering into this Agreement and the Security Instruments; and that it recognizes that certain of the terms of this Agreement and the Security Instruments result in one party
assuming the liability inherent in some aspects of the transaction and relieving the other party of its responsibility for such liability. EACH PARTY HERETO AGREES AND COVENANTS THAT IT WILL NOT CONTEST THE VALIDITY OR ENFORCEABILITY OF ANY
EXCULPATORY PROVISION OF THIS AGREEMENT AND THE SECURITY INSTRUMENTS ON THE BASIS THAT THE PARTY HAD NO NOTICE OR KNOWLEDGE OF SUCH PROVISION OR THAT THE PROVISION IS NOT “CONSPICUOUS.” 

Section 9.12 Additional Obligors and Pledgors. Each Restricted Subsidiary of the Borrower or Additional Borrower that is required
to become a party hereto pursuant to Sections 2.09 or 8.13 of the Credit Agreement or otherwise desires to become a party hereto (if not already an Obligor hereunder) shall become an Obligor for all purposes of this Agreement upon execution and
delivery by such Subsidiary of an Assumption Agreement in the form of Annex I hereto and shall thereafter have the same rights, benefits and obligations as an Obligor party hereto on the date hereof. Each Obligor that is required to pledge
Equity Interests of its Restricted Subsidiaries pursuant to Section 8.13 of the Credit Agreement shall execute and deliver a Supplement in the form of Annex II hereto, if such Equity Interests were not previously pledged. 

Section 9.13 Releases. 

(a) Release Upon Payment in Full. Subject to Section 9.05, the grant of a security interest hereunder and all of rights,
powers and remedies in connection herewith shall remain in full force and effect until the Borrower Obligations except for (i) the Swap Agreements which shall be payable upon the terms of such Swap Agreements, (ii) contingent obligations
not yet due, and (iii) amounts owed or other obligations under Treasury Management Agreements with respect to which satisfactory collateral has been posted, shall have been satisfied by payment in full in cash, no Letter of Credit shall be
outstanding (or all such Letters of Credit shall have been satisfactorily collateralized in the applicable Issuing Bank’s reasonable opinion) and all of the Commitments are terminated. When the Borrower Obligations except for (i) the Swap
Agreements which shall be payable upon the terms of such Swap Agreements, (ii) contingent obligations not yet due, and (iii) amounts owed or other obligations under Treasury Management Agreements with respect to which satisfactory
collateral has been posted, shall have been satisfied by payment in full in cash, no Letter of Credit shall be outstanding (or all such Letters of Credit shall have been satisfactorily collateralized in the applicable Issuing Bank’s reasonable
opinion) 

  
 23 

 
and all of the Commitments are terminated, such security interest shall automatically be released and the Administrative Agent, at the expense of the Borrower, will promptly release, reassign and
transfer the Collateral to the Pledgors and declare this Agreement to be of no further force or effect. 
 (b) Partial Releases. If
any of the Collateral or any Equity Interest shall be subject to a Sale permitted under the Credit Agreement or otherwise entitled to be released pursuant to the terms of the Loan Documents (including, without limitation, upon the Parent
Guarantor’s election to commence an Investment Grade Rating Period), then the Administrative Agent, at the request and sole expense of such Pledgor, shall promptly execute and deliver to such Pledgor all releases or other documents reasonably
necessary or desirable for the release of the Liens created hereby on such Collateral and the Equity Interests of the Issuer thereof. At the request and sole expense of the Borrower, a Guarantor shall be released from its obligations hereunder in
the event such Guarantor ceases (or contemporarily with such release will cease) to be a Subsidiary of the Parent Guarantor as a result of a transaction or series of transactions permitted by the Credit Agreement or is otherwise entitled to be
released pursuant to the terms of the Loan Documents (including, without limitation, upon the Parent Guarantor’s election to commence an Investment Grade Rating Period); provided that the Borrower shall have delivered to the
Administrative Agent, at least five (5) Business Days prior to the date of the proposed release, a written request of a Responsible Officer of the Borrower for release identifying the relevant Guarantor and stating that such release is
permitted by the Credit Agreement and the other Loan Documents. Without limiting the foregoing, the Liens hereunder on Properties subject to Sales permitted under the Credit Agreement from time to time shall automatically be released upon such Sales
without the necessity of any further action by any party. 
 (c) Retention in Satisfaction. Except as may be expressly applicable
pursuant to Section 9-620 of the UCC, no action taken or omission to act by the Administrative Agent or the Guaranteed Creditors hereunder, including, without limitation, any exercise of voting or consensual rights or any other action taken or
inaction, shall be deemed to constitute a retention of the Collateral in satisfaction of the Obligations or otherwise to be in full satisfaction of the Obligations, and the Obligations shall remain in full force and effect, until the Administrative
Agent and the Guaranteed Creditors shall have applied payments (including, without limitation, collections from Collateral) towards the Obligations except for (i) the Swap Agreements which shall be payable upon the terms of such Swap
Agreements, (ii) contingent obligations not yet due, and (iii) amounts owed or other obligations under Treasury Management Agreements with respect to which satisfactory collateral has been posted, in the full amount then outstanding or
until such subsequent time as is provided in Section 9.13. 
 Section 9.14 Acceptance. Each Obligor hereby expressly
waives notice of acceptance of this Agreement, acceptance on the part of the Administrative Agent and the Guaranteed Creditors being conclusively presumed by their request for this Agreement and delivery of the same to the Administrative Agent. 

Section 9.15 Guarantor Senior Indebtedness. The Borrower, the Obligors, the Administrative Agent and the Lenders acknowledge and
agree that the Borrower Obligations hereunder constitute “Senior Debt” and “Designated Senior Debt,” in each case, under and as defined in the Indentures pursuant to which the Senior Notes have been issued. 

Section 9.16 Amendment and Restatement. This Agreement amends and restates and is given in substitution for, but not in
satisfaction of the Existing Guaranty Agreement; provided that nothing contained in this Agreement shall limit or affect the liens and security interests heretofore granted, pledged and/or assigned to the Administrative Agent under the
Existing Guaranty Agreement except as otherwise provided in the Credit Agreement. 

  
 24 

 [SIGNATURES BEGIN NEXT PAGE] 

  
 25 

 IN WITNESS WHEREOF, each of the undersigned has caused this Amended and Restated Guaranty and
Collateral Agreement to be duly executed and delivered as of the date first above written. 
  

									
	BORROWER:	 		 		 	WHITING OIL AND GAS CORPORATION
					
		 		 		 	By:	 	 /s/ Michael J. Stevens

		 		 		 	Name:	 	Michael J. Stevens
		 		 		 	Title:	 	Vice President and Chief Financial Officer
				
	GUARANTORS:	 		 		 	WHITING PETROLEUM CORPORATION
					
		 		 		 	By:	 	 /s/ Michael J. Stevens

		 		 		 	Name:	 	Michael J. Stevens
		 		 		 	Title:	 	Vice President and Chief Financial Officer
				
		 		 		 	KODIAK OIL & GAS CORP.
					
		 		 		 	By:	 	 /s/ Michael J. Stevens

		 		 		 	Name:	 	Michael J. Stevens
		 		 		 	Title:	 	Vice President and Chief Financial Officer
				
		 		 		 	KODIAK OIL & GAS (USA) INC.
					
		 		 		 	By:	 	 /s/ Michael J. Stevens

		 		 		 	Name:	 	Michael J. Stevens
		 		 		 	Title:	 	Vice President and Chief Financial Officer
				
		 		 		 	KODIAK WILLISTON, LLC
					
		 		 		 	By:	 	 /s/ Michael J. Stevens

		 		 		 	Name:	 	Michael J. Stevens
		 		 		 	Title:	 	Vice President and Chief Financial Officer

  
 Signature Page 

Amended and Restated Guaranty and Collateral Agreement 

 
			
	WHITING US HOLDING COMPANY
		
	By:	 	 /s/ Michael J. Stevens

	Name:	 	Michael J. Stevens
	Title:	 	Vice President and Chief Financial Officer

  
 Signature Page 

Amended and Restated Guaranty and Collateral Agreement 

									
	Acknowledged and Agreed to as of the date hereof by:	 		 		 	
			
	ADMINISTRATIVE AGENT:	 		 	JPMORGAN CHASE BANK, N.A.
					
		 		 		 	By:	 	 /s/ Jo Linda Papadakis

		 		 		 	Name:	 	Jo Linda Papadakis
		 		 		 	Title:	 	Authorized Officer

  
 Signature Page 

Amended and Restated Guaranty and Collateral Agreement 

 ANNEX I 

ASSUMPTION AGREEMENT 

ASSUMPTION AGREEMENT, dated as of [            ], 2014, made by
[                    ], a [                    ]
(the “Additional Obligor”), in favor of JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”) for the financial institutions (the “Lenders”) parties to
the Credit Agreement referred to below. All capitalized terms not defined herein shall have the meaning ascribed to them in such Credit Agreement. 

WITNESSETH: 
 WHEREAS,
Whiting Oil and Gas Corporation, a Delaware corporation (the “Borrower”), the Administrative Agent, Whiting Petroleum Corporation, a Delaware corporation, as parent guarantor, the other agents, and the Lenders have entered into a
Sixth Amended and Restated Credit Agreement, dated as of August 27, 2014 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”); 

WHEREAS, in connection with the Credit Agreement, the Borrower and certain of its Affiliates (other than the Additional Obligor) have entered
into the Amended and Restated Guaranty and Collateral Agreement, dated as of December 8, 2014 (as amended, supplemented or otherwise modified from time to time, the “Guaranty and Pledge Agreement”) in favor of the
Administrative Agent for the benefit of the Guaranteed Creditors; 
 WHEREAS, the Additional Obligor desires or is required pursuant to the
terms of the Credit Agreement to become a party to the Guaranty and Pledge Agreement; and 
 WHEREAS, the Additional Obligor has agreed to
execute and deliver this Assumption Agreement in order to become a party to the Guaranty and Pledge Agreement; 
 NOW, THEREFORE, IT IS
AGREED: 
 1. Guaranty and Pledge Agreement. By executing and delivering this Assumption Agreement, the Additional Obligor, as
provided in Section 9.12 of the Guaranty and Pledge Agreement, hereby becomes a party to the Guaranty and Pledge Agreement as an Obligor thereunder with the same force and effect as if originally named therein as an Obligor and, without
limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of an Obligor thereunder and expressly grants to the Administrative Agent, for the benefit of the Guaranteed Creditors, a security interest in all
Collateral owned by such Additional Obligor and required to be pledged by it pursuant to the terms of the Credit Agreement to secure all of such Additional Obligor’s obligations and liabilities thereunder. The information set forth in Annex
1-A hereto is hereby added to the information set forth in Schedules 1 through 4 to the Guaranty and Pledge Agreement. The Additional Obligor hereby represents and warrants on the date hereof and solely with respect to such
Additional Obligor that each of the representations and warranties contained in Article IV of the Guaranty and Pledge Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Assumption
Agreement) as if made on and as of such date, except to the extent that such representations and warranties relate to an earlier date. 
 2.
Governing Law. This Assumption Agreement shall be governed by, and construed in accordance with, the laws of the State of New York. 

  
 Annex I - 1 

 IN WITNESS WHEREOF, the undersigned has caused this Assumption Agreement to be duly executed and
delivered as of the date first above written. 
  

			
	[ADDITIONAL OBLIGOR]
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 Annex I - 2 

 ANNEX II 

SUPPLEMENT 

SUPPLEMENT, dated as of the [            ], 201[    ],
made by [                    ], a
[                    ] (the “Additional Pledgor”), in favor of JPMorgan Chase Bank, N.A., as administrative agent (in such capacity,
the “Administrative Agent”) for the financial institutions (the “Lenders”) parties to the Credit Agreement referred to below. All capitalized terms not defined herein shall have the meaning ascribed to them in such
Credit Agreement. 
 WITNESSETH: 

WHEREAS, Whiting Oil and Gas Corporation, a Delaware corporation (the “Borrower”), the Administrative Agent, Whiting
Petroleum Corporation, a Delaware corporation, as parent guarantor, the other agents, and the Lenders have entered into a Sixth Amended and Restated Credit Agreement, dated as of August 27, 2014 (as amended, supplemented or otherwise modified
from time to time, the “Credit Agreement”); 
 WHEREAS, in connection with the Credit Agreement, the Borrower and certain
of its Affiliates (other than the Additional Pledgor) have entered into the Amended and Restated Guaranty and Collateral Agreement, dated as of December 8, 2014 (as amended, supplemented or otherwise modified from time to time, the
“Guaranty and Pledge Agreement”) in favor of the Administrative Agent for the benefit of the Guaranteed Creditors; 

WHEREAS, the Additional Pledgor desires or is required pursuant to the terms of the Credit Agreement to pledge the Equity Interests described
hereto on Schedule 2-S; and 
 WHEREAS, the Additional Pledgor has agreed to execute and deliver this Supplement in order to pledge
such Equity Interests; 
 NOW, THEREFORE, IT IS AGREED: 

1. Guaranty and Pledge Agreement. By executing and delivering this Supplement, the Additional Pledgor, as provided in
Section 9.12 of the Guaranty and Pledge Agreement, hereby becomes a party to the Guaranty and Pledge Agreement as an Obligor thereunder (if not already a party thereto as an Obligor thereunder) with the same force and effect as if
originally named as an Obligor therein, and without limiting the generality of the foregoing, hereby pledges and grants a security interest in (a) the Equity Interests described or referred to in Schedule 2-S and (b) (i) the
certificates or instruments, if any, representing such Equity Interests, (ii) all dividends (cash, Equity Interests or otherwise), cash, instruments, rights to subscribe, purchase or sell and all other rights and Property from time to time
received, receivable or otherwise distributed in respect of or in exchange for any or all of such Equity Interests, (iii) all replacements, additions to and substitutions for any of the Property referred to in this paragraph, including, without
limitation, claims against third parties, (iv) the proceeds, interest, profits and other income of or on any of the Property referred to in this paragraph, (v) all security entitlements in respect of any of the foregoing, if any,
and (vi) all proceeds of any of the foregoing (collectively, the “Collateral”). Upon execution of this Supplement, such Equity Interests will constitute “Pledged Securities” for purposes of the Guaranty and
Pledge Agreement with the same force and effect as if originally listed on Schedule 2 thereto and, without limiting the generality of the foregoing, the Additional Pledgor hereby expressly assumes all obligations and liabilities of a Pledgor
thereunder and expressly grants to the Administrative Agent, for the benefit of the Guaranteed Creditors, a security interest in all Collateral owned by such Additional Pledgor and required to be pledged by it pursuant to the terms of the Credit
Agreement to secure all of its obligations and liabilities thereunder. The 

  
 Annex II - 1 

 
information set forth in Schedule 2-S hereto is hereby added to the information set forth in Schedule 2 to the Guaranty and Pledge Agreement. The Additional Pledgor hereby
represents and warrants on the date hereof and solely with respect to such Additional Pledgor that each of the representations and warranties contained in Article IV of the Guaranty and Pledge Agreement is true and correct in all material
respects on and as the date hereof (after giving effect to this Supplement) as if made on and as of such date, except to the extent such representations and warranties relate to an earlier date. 

2. Governing Law. This Supplement shall be governed by, and construed in accordance with, the laws of the State of New York. 

IN WITNESS WHEREOF, the undersigned has caused this Supplement to be duly executed and delivered as of the date first above written. 

 

			
	[ADDITIONAL PLEDGOR]
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 Annex II - 2 

 ANNEX III 

SUPPLEMENTAL PLEDGE AGREEMENT 

This SUPPLEMENTAL PLEDGE AGREEMENT (this “Agreement”) dated as of the
[            ], 201[    ], made by [                    ], a
[                    ] (the “Issuer”), in favor of JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the
“Administrative Agent”) for the financial institutions (the “Lenders”) parties to the Credit Agreement referred to below. 

WITNESSETH: 
 WHEREAS,
Whiting Oil and Gas Corporation, a Delaware corporation (the “Borrower”), Whiting Petroleum Corporation, a Delaware corporation, as parent guarantor, the Administrative Agent, the other agents, and the Lenders have entered into a
Sixth Amended and Restated Credit Agreement, dated as of August 27, 2014 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”); 

WHEREAS, in connection with the Credit Agreement, the Borrower and certain of its Affiliates have entered into the Amended and Restated
Guaranty and Collateral Agreement, dated as of December 8, 2014 (as amended, supplemented or otherwise modified from time to time, the “Guaranty and Pledge Agreement”) in favor of the Administrative Agent for the benefit of the
Guaranteed Creditors; 
 WHEREAS, to induce the Administrative Agent and the Lenders to enter into and make credit extensions to the
Borrower, the Guaranty and Pledge Agreement requires a Pledgor, pursuant to the terms of Section 5.03(a) of the Guaranty and Pledge Agreement, to designate such additional Equity Interests as Pledged Securities and grant a security
interest in such additional Equity Interests to the Administrative Agent for the ratable benefit of the Guaranteed Creditors. 
 WHEREAS,
the Pledgor has issued additional Equity Interests and, pursuant to the Guaranty and Pledge Agreement, agrees to execute and deliver this Supplemental Pledge Agreement. 

NOW, THEREFORE, IT IS AGREED: 

1. Defined Terms. Each capitalized term used herein, but not otherwise defined herein has the meaning given such term in the Guaranty
and Pledge Agreement. 
 2. Pledge of Equity Interests. As collateral security for the prompt and complete payment and performance
when due (whether at the stated maturity, by acceleration or otherwise) of the Obligations, the Pledgor hereby pledges to the Administrative Agent, and hereby grants to the Administrative Agent, a security interest in the Additional Equity
Interests. 
 For purposes of this Agreement, “Additional Equity Interests” means (a) the Equity Interests described
or referred to in Annex 1-A hereto (or in the case of any Issuer that is a Foreign Subsidiary or FSHCO, not less than and no more than sixty six percent (66%) of all the issued and outstanding
shares of all classes of the Equity Interests of such Foreign Subsidiary or FSHCO); (b) the certificates or instruments, if any, representing such Additional Equity Interests; (c) all dividends (cash, Equity Interests or otherwise), cash,
instruments, rights to subscribe, purchase or sell and all other rights and Property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such Equity Interests; (d) all replacements,
additions to and substitutions for any of the Property referred to in this definition, including, without limitation, claims against third parties; (e) the proceeds, interest, profits and other income of or on any of the Property referred to in
this definition and; (f) all security entitlements in respect of any of the foregoing, if any. 

  
 Annex III - 1 

 3. Supplement to Guarantee and Pledge Agreement. The information set forth in Annex
1-A hereto describing the Additional Equity Interests is hereby added to the information set forth in Schedule 2 to the Guarantee and Pledge Agreement. 

4. Representations and Warranties. The Pledgor hereby represents and warrants that, as to the Additional Equity Interests, on the date
hereof each of the representations and warranties contained in Article IV of the Guarantee and Pledge Agreement is true and correct in all material respects on the date hereof (after giving effect to this Supplemental Pledge Agreement) as if
made on and as of such date, unless such representations and warranties are expressly limited to an earlier date. 
 5. Governing
Law. This Agreement and the transactions contemplated hereby shall be construed in accordance with, and governed by, the laws of the State of New York and shall be deemed a Loan Document as such term is defined in the Credit Agreement. 

6. Loan Document. This Agreement is a “Loan Document” as defined and described in the Credit Agreement and all of the
terms and provisions of the Credit Agreement relating to Loan Documents shall apply hereto. 
 [SIGNATURES BEGIN NEXT PAGE] 

  
 Annex III - 2 

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

									
	PLEDGOR:	 		 	[                    ]
					
		 		 		 	By:	 	  

		 		 		 	Name:	 	  

		 		 		 	Title:	 	  

			
	ADMINISTRATIVE AGENT:	 		 	JPMORGAN CHASE BANK, N.A.
					
		 		 		 	By:	 	  

		 		 		 	Name:	 	  

		 		 		 	Title:	 	  

  
 Annex III - 3 

 SCHEDULE 1 

NOTICE ADDRESSES OF OBLIGORS 
 Whiting Oil
and Gas Corporation 
 1700 Broadway Street Suite 2300 
 Denver,
Colorado 80290 

			
	Attention:	 	Michael J. Stevens
	E-mail:	 	Mike.Stevens@whiting.com

 Whiting Petroleum Corporation 

1700 Broadway Street Suite 2300 
 Denver, Colorado 80290 

			
	Attention:	 	Michael J. Stevens
	E-mail:	 	Mike.Stevens@whiting.com

 Whiting US Holding Company 
 1700
Broadway Street Suite 2300 
 Denver, Colorado 80290 

			
	Attention:	 	Michael J. Stevens
	E-mail:	 	Mike.Stevens@whiting.com

 Kodiak Oil & Gas Corp. 

1700 Broadway Street Suite 2300 
 Denver, Colorado 80290 

			
	Attention:	 	Michael J. Stevens
	E-mail:	 	Mike.Stevens@whiting.com

 Kodiak Oil & Gas (USA) Inc. 

1700 Broadway Street Suite 2300 
 Denver, Colorado 80290 

			
	Attention:	 	Michael J. Stevens
	E-mail:	 	Mike.Stevens@whiting.com

 Kodiak Williston, LLC 
 1700
Broadway Street Suite 2300 
 Denver, Colorado 80290 

			
	Attention:	 	Michael J. Stevens
	E-mail:	 	Mike.Stevens@whiting.com

  
 Schedule 1 - 1 

 SCHEDULE 2 

DESCRIPTION OF PLEDGED SECURITIES 
  

																	
	 Owner
	  	 Issuer
	 	Percentage
Owned	 	 	Percentage
Pledged	 	 	Class of
Stock	 	No. of Shares	 	Certificate
No.
	 Whiting Petroleum Corporation
	  	Whiting Oil and Gas Corporation	 	 	100	% 	 	 	100	% 	 	Common	 	1000	 	14104
	 Whiting Petroleum Corporation
	  	Whiting US Holding Company	 	 	100	% 	 	 	100	% 	 	Common	 	1	 	1
	 Whiting Petroleum Corporation
	  	Kodiak Oil & Gas Corp.	 	 	100	% 	 	 	100	% 	 	Common	 	268,623,497
	 	1
	 Kodiak Oil & Gas Corp.
	  	Kodiak Oil & Gas (USA) Inc.	 	 	100	% 	 	 	100	% 	 	Common	 	 458.8172768 
 168.8603179

 
 136
	 	 C-002 
 C-003

 
 C-006

	 Kodiak Oil & Gas (USA) Inc.
	  	Kodiak Williston, LLC	 	 	100	% 	 	 	100	% 	 	LLC
Interests	 	N/A	 	N/A

  
 Schedule 2 - 1 

 SCHEDULE 3 

FILINGS AND OTHER ACTIONS REQUIRED TO PERFECT SECURITY INTERESTS 

 

	1.	Financing Statement Amendment with respect to the Amended and Restated Guaranty and Collateral Agreement dated as of December 8, 2014 among the Borrower, the Parent Guarantor, and the other Obligors party thereto
in favor of the Administrative Agent, filed in their respective jurisdictions: 

 (a) Borrower (Delaware). 

(b) Parent Guarantor (Delaware). 
  

	2.	Financing Statement (or the equivalent) with respect to the Amended and Restated Guaranty and Collateral Agreement dated as of December 8, 2014 among the Borrower, the Parent Guarantor, and the other Obligors party
thereto in favor of the Administrative Agent, filed in their respective jurisdictions: 

 (a) Kodiak Oil & Gas Corp.
(a British Columbia, Canada entity with filings to be made in Washington, D.C. and Colorado) 
 (b) Kodiak Oil & Gas (USA) Inc.
(Colorado) 
 (c) Kodiak Williston, LLC. (Delaware) 

(d) Whiting US Holding Company (Delaware) 

  
 Schedule 3 - 1 

 SCHEDULE 4 

LOCATION OF JURISDICTION OF ORGANIZATION AND CHIEF EXECUTIVE OFFICE 

Whiting Oil and Gas Corporation 
 Address: 1700 Broadway Street,
Suite 2300, Denver, Colorado 80290 
 All other names and trade names used in the last five years: N/A 

Jurisdiction of organization: Delaware 
 Organizational number:
2015285 
 Taxpayer identification number: 84-0918829 
 Location
of chief executive office or sole place of business over the last five years: 
 1700 Broadway Street, Suite 2300, Denver, Colorado 80290 

Whiting Petroleum Corporation 
 Address: 1700 Broadway Street,
Suite 2300, Denver, Colorado 80290 
 All other names and trade names used in the last five years: N/A 

Jurisdiction of organization: Delaware 
 Organizational number:
3683458 
 Taxpayer identification number: 20-0098515 
 Location
of chief executive office or sole place of business over the last five years: 
 1700 Broadway Street, Suite 2300, Denver, Colorado 80290 

Whiting US Holding Company 
 Address: 1700 Broadway Street, Suite
2300, Denver, Colorado 80290 
 All other names and trade names used in the last five years: N/A 

Jurisdiction of organization: Delaware 
 Organizational number:
5615449 
 Taxpayer identification number: 47-2452900 
 Location
of chief executive office or sole place of business over the last five years: 
 1700 Broadway Street, Suite 2300, Denver, Colorado 80290 

Kodiak Oil & Gas Corp. 
 Address: 1700 Broadway Street,
Suite 2300, Denver, Colorado 80290 
 All other names and trade names used in the last five years: N/A 

Jurisdiction of organization: British Columbia, Canada 

Organizational number: 20061166885 
 Taxpayer identification
number: N/A 
 Location of chief executive office or sole place of business over the last five years: 

1625 Broadway Street, Suite 250, Denver, Colorado 80202 
 Kodiak
Oil & Gas (USA) Inc. 
 Address: 1700 Broadway Street, Suite 2300, Denver, Colorado 80290 

All other names and trade names used in the last five years: N/A 

Jurisdiction of organization: Colorado 
 Organizational number:
20031303362 
 Taxpayer identification number: 57-1191218 

Location of chief executive office or sole place of business over the last five years: 

1625 Broadway Street, Suite 250, Denver, Colorado 80202 
 Kodiak
Williston, LLC 
 Address: 1700 Broadway Street, Suite 2300, Denver, Colorado 80290 

All other names and trade names used in the last five years: N/A 

  
 Schedule 4 - 1 

 Jurisdiction of organization: Delaware 

Organizational number: 5358589 
 Taxpayer identification number:
46-3105147 
 Location of chief executive office or sole place of business over the last five years: 

1625 Broadway Street, Suite 250, Denver, Colorado 80202 

  
 Schedule 4 - 2

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