Document:

Equity Purchase Agreement

 Exhibit 10.3 
 EQUITY PURCHASE AGREEMENT 
 Dated as of September 27, 2012 

by and between 

TECO Guatemala Holdings II, LLC 
 as Seller, 
 and 

Renewable Energy Investments Guatemala Limited, 
 as Purchaser 

 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
		
	 ARTICLE I SALE AND PURCHASE OF THE EQUITY INTERESTS
	  	 	1	  
	 Section 1.1
	  	 Sale and Purchase of the Equity Interests
	  	 	1	  
		
	 ARTICLE II PURCHASE PRICE
	  	 	2	  
	 Section 2.1
	  	 Purchase Price; Letter of Credit
	  	 	2	  
	 Section 2.2
	  	 Method of Payment
	  	 	2	  
	 Section 2.3
	  	 Closing
	  	 	2	  
		
	 ARTICLE III REPRESENTATIONS AND WARRANTIES REGARDING THE SELLER
	  	 	3	  
	 Section 3.1
	  	 Corporate Existence; Standing
	  	 	3	  
	 Section 3.2
	  	 Authorization
	  	 	3	  
	 Section 3.3
	  	 Noncontravention
	  	 	4	  
	 Section 3.4
	  	 Equity Ownership
	  	 	4	  
	 Section 3.5
	  	 Governmental Approvals
	  	 	4	  
	 Section 3.6
	  	 Legal Proceedings
	  	 	4	  
	 Section 3.7
	  	 Brokers
	  	 	5	  
	 Section 3.8
	  	 Solvency
	  	 	5	  
	 Section 3.9
	  	 Bankruptcy
	  	 	5	  
		
	 ARTICLE IV REPRESENTATIONS AND WARRANTIES REGARDING THE ACQUIRED ENTITIES
	  	 	5	  
	 Section 4.1
	  	 Organization, Standing and Corporate Power
	  	 	5	  
	 Section 4.2
	  	 Capitalization of Services and the Subsidiaries
	  	 	6	  
	 Section 4.3
	  	 Noncontravention
	  	 	7	  
	 Section 4.4
	  	 Financial Statements
	  	 	7	  
	 Section 4.5
	  	 Undisclosed Liabilities
	  	 	8	  
	 Section 4.6
	  	 Absence of Certain Changes
	  	 	8	  
	 Section 4.7
	  	 Legal Proceedings
	  	 	9	  
	 Section 4.8
	  	 Compliance With Laws; Permits
	  	 	10	  
	 Section 4.9
	  	 Tax Matters
	  	 	10	  
	 Section 4.10
	  	 Environmental Matters
	  	 	10	  
	 Section 4.11
	  	 Real Property
	  	 	11	  
	 Section 4.12
	  	 Intellectual Property
	  	 	11	  
	 Section 4.13
	  	 Contracts
	  	 	12	  
	 Section 4.14
	  	 Insurance
	  	 	14	  
	 Section 4.15
	  	 Employees
	  	 	15	  
	 Section 4.16
	  	 Personal Property
	  	 	15	  

							
	 Section 4.17
	  	 Brokers
	  	 	15	  
	 Section 4.18
	  	 Assets Used in Business
	  	 	15	  
	 Section 4.19
	  	 Bank Accounts; Powers of Attorney
	  	 	16	  
	 Section 4.20
	  	 Bankruptcy
	  	 	16	  
	 Section 4.21
	  	 Books and Records
	  	 	16	  
	 Section 4.22
	  	 Transactions with Affiliates
	  	 	16	  
		
	 ARTICLE V REPRESENTATIONS AND WARRANTIES OF THE PURCHASER
	  	 	16	  
	 Section 5.1
	  	 Corporate Existence; Standing; Bankruptcy; Solvency
	  	 	16	  
	 Section 5.2
	  	 Authorization
	  	 	17	  
	 Section 5.3
	  	 Noncontravention
	  	 	17	  
	 Section 5.4
	  	 Governmental Approvals
	  	 	18	  
	 Section 5.5
	  	 Capital Resources
	  	 	18	  
	 Section 5.6
	  	 Legal Proceedings
	  	 	18	  
	 Section 5.7
	  	 Brokers
	  	 	18	  
	 Section 5.8
	  	 Purchase for Investment
	  	 	18	  
	 Section 5.9
	  	 Purchaser’s Independent Investigation
	  	 	19	  
		
	 ARTICLE VI COVENANTS AND AGREEMENTS
	  	 	19	  
	 Section 6.1
	  	 Conduct of Business
	  	 	19	  
	 Section 6.2
	  	 Employment Matters
	  	 	22	  
	 Section 6.3
	  	 Commercially Reasonable Efforts
	  	 	23	  
	 Section 6.4
	  	 Public Announcements
	  	 	24	  
	 Section 6.5
	  	 Access to Information; Periodic Reports; Confidentiality
	  	 	24	  
	 Section 6.6
	  	 Preservation of Records; Post-Closing Cooperation
	  	 	26	  
	 Section 6.7
	  	 Fees and Expenses
	  	 	26	  
	 Section 6.8
	  	 Directors and Officers.
	  	 	26	  
	 Section 6.9
	  	 Related-Party Transactions
	  	 	28	  
	 Section 6.10
	  	 TECO Marks
	  	 	28	  
	 Section 6.11
	  	 Consents
	  	 	28	  
	 Section 6.12
	  	 Non-Solicitation
	  	 	29	  
	 Section 6.13
	  	 Exclusivity
	  	 	29	  
	 Section 6.14
	  	 Commitment Letters
	  	 	29	  
		
	 ARTICLE VII POST-CLOSING TAX MATTERS
	  	 	30	  
	 Section 7.1
	  	 Tax Filings
	  	 	30	  
	 Section 7.2
	  	 Pre-Closing and Straddle-Period Taxes.
	  	 	31	  
	 Section 7.3
	  	 Post-Closing Actions; Refunds
	  	 	32	  
		
	 ARTICLE VIII CONDITIONS PRECEDENT
	  	 	33	  

  
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	 Section 8.1
	  	 Conditions to Each Party’s Obligation to Effect the Transactions
	  	 	33	  
	 Section 8.2
	  	 Conditions to Obligations of the Purchaser
	  	 	33	  
	 Section 8.3
	  	 Conditions to Obligations of the Seller
	  	 	34	  
		
	 ARTICLE IX TERMINATION
	  	 	35	  
	 Section 9.1
	  	 Termination
	  	 	35	  
	 Section 9.2
	  	 Effect of Termination; Reverse Termination Fee
	  	 	36	  
	 Section 9.3
	  	 Return of Confidential Information
	  	 	36	  
		
	 ARTICLE X INDEMNIFICATION
	  	 	37	  
	 Section 10.1
	  	 Indemnification by the Seller
	  	 	37	  
	 Section 10.2
	  	 Indemnification by the Purchaser
	  	 	37	  
	 Section 10.3
	  	 Indemnification Procedures
	  	 	38	  
	 Section 10.4
	  	 Certain Limitations
	  	 	40	  
	 Section 10.5
	  	 Termination of Indemnification Obligations
	  	 	41	  
	 Section 10.6
	  	 Dollar Limitations
	  	 	42	  
	 Section 10.7
	  	 Exclusive Remedy
	  	 	43	  
		
	 ARTICLE XI MISCELLANEOUS
	  	 	43	  
	 Section 11.1
	  	 No Other Representations or Warranties
	  	 	43	  
	 Section 11.2
	  	 Amendment or Supplement
	  	 	44	  
	 Section 11.3
	  	 Extension of Time, Waiver, Etc.
	  	 	44	  
	 Section 11.4
	  	 Assignment
	  	 	45	  
	 Section 11.5
	  	 Counterparts
	  	 	45	  
	 Section 11.6
	  	 Entire Agreement; No Third-Party Beneficiaries
	  	 	45	  
	 Section 11.7
	  	 Governing Law
	  	 	45	  
	 Section 11.8
	  	 Consent to Jurisdiction; Waiver
	  	 	45	  
	 Section 11.9
	  	 Notices
	  	 	46	  
	 Section 11.10
	  	 Severability
	  	 	47	  
	 Section 11.11
	  	 Definitions
	  	 	47	  
	 Section 11.12
	  	 Rules of Interpretation
	  	 	55	  
	 Section 11.13
	  	 Specific Performance
	  	 	57	  
	 Section 11.14
	  	 Further Assurances
	  	 	57	  

  
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 EQUITY PURCHASE AGREEMENT 

This EQUITY PURCHASE AGREEMENT, dated as of September 27, 2012, is by and between TECO Guatemala Holdings II, LLC, a limited
liability company organized under the Laws of the State of Florida (the “Seller”) and Renewable Energy Investments Guatemala Limited, an International Business Company organized under the Laws of the Commonwealth of the Bahamas (the
“Purchaser”). Certain capitalized terms used in this Agreement shall have the meanings set forth in Section 11.11. 
 RECITALS 
 WHEREAS, the Seller is the record and beneficial owner of one hundred
percent (100%) of the equity interests of TECO Guatemala Services, Ltd., an exempted company formed under the Laws of the Cayman Islands (“Services”); 
 WHEREAS, Services, directly and indirectly through its wholly owned subsidiary Tasajero I, Ltd., an exempted company formed under the Laws of the Cayman Islands (“Tasajero”), is the owner
of one hundred percent (100%) of the equity interests of TPS Operaciones de Guatemala, Ltda., a sociedad de responsabilidad limitada organized under the Laws of Guatemala (“Operaciones”); and 

WHEREAS, pursuant to the terms and conditions set forth herein, the Seller desires to sell and transfer to the Purchaser, and the
Purchaser desires to buy from the Seller, one hundred percent (100%) of the outstanding equity interests of Services. 

NOW, THEREFORE, in consideration of the representations, warranties, covenants and agreements contained in this Agreement, and intending
to be legally bound hereby, the Seller and the Purchaser hereby agree as follows: 
 ARTICLE I 

SALE AND PURCHASE OF THE EQUITY INTERESTS 
 Section 1.1 Sale and Purchase of the Equity Interests. Subject to the terms and conditions set forth herein, at the Closing, for the consideration specified in Section 2.1, the Seller
will sell, assign, convey, transfer and deliver to the Purchaser, and the Purchaser will acquire from the Seller, one hundred (100) ordinary shares of U.S.$1.00 each in the capital of Services representing one hundred percent (100%) of the
issued equity interests of Services (the “Acquired Company Interests”). 

 ARTICLE II 
 PURCHASE PRICE 
 Section 2.1 Purchase Price; Letter of Credit.
In consideration for the sale, assignment, conveyance, transfer and delivery of the Acquired Company Interests, the Purchaser will at the Closing pay to the Seller an amount equal to One Million Five Hundred Thousand dollars (U.S.$1,500,000)
(“Purchase Price”). Concurrently with the execution and delivery of this Agreement and as security for the performance of its obligations hereunder, the Purchaser shall cause to be delivered to the Seller an irrevocable letter of
credit substantially in the form of Exhibit A and reasonably satisfactory to the Seller (the “Letter of Credit”) in the amount of U.S.$250,000 issued by a recognized international financial institution satisfactory to the Seller
designating the Seller and its successors and assigns as beneficiary and permitting drawings upon such Letter of Credit upon the delivery to such financial institution of a certificate of the Seller representing that the Purchaser is obligated to
indemnify the Seller in accordance with Section 9.1(d)(i) and Section 9.2(b). Any Letter of Credit provided to the Seller pursuant to this Section will expire on the Closing. 

Section 2.2 Method of Payment. Each applicable payment under this Article II shall be made in U.S. Dollars when due by wire
transfer of immediately available funds to an account that the Person owed such funds has designated to the Person owing such funds. 
 Section 2.3 Closing. 
 (a) The closing of the purchase and sale of the
Acquired Company Interests (the “Closing”) will take place (i) at the offices of Holland & Knight LLP, 701 Brickell Avenue, Miami, Florida at 10:00 a.m. local time on the third Business Day following the satisfaction
or waiver of all conditions set forth in Article VIII, or (ii) at such other place, date and time as the Seller and the Purchaser may agree (the “Closing Date”). The Closing shall be deemed to be effective as of 12:01 a.m.
(local time) on the day of the Closing Date. 
 (b) At the Closing, the Seller will deliver or cause to be delivered to the
Purchaser the following: 
 (i) to the extent applicable, certificates representing the Acquired Company
Interests owned by it, duly endorsed for transfer by delivery or accompanied by stock powers duly executed in blank; 
 (ii) written resignations of the directors and officers of the Acquired Entities as set forth on Section 2.3(b)(ii) of the Disclosure Schedule; and 

  
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 (iii) all other instruments, agreements, certificates and documents
required to be delivered by the Seller at or prior to the Closing Date pursuant to this Agreement. 
 (c) At the Closing, the
Purchaser will deliver or cause to be delivered the following: 
 (i) the payment required by Section 2.1;
and 
 (ii) all other instruments, agreements, certificates and documents required to be delivered by the
Purchaser at or prior to the Closing Date pursuant to this Agreement. 
 ARTICLE III 

REPRESENTATIONS AND WARRANTIES REGARDING THE SELLER 
 Except as set forth in the disclosure schedule delivered by the Seller to the Purchaser simultaneously with the execution of this Agreement (the “Disclosure Schedule”), the Seller, as of
the date hereof, represents and warrants to the Purchaser as follows: 
 Section 3.1 Corporate Existence; Standing.
The Seller is an entity duly organized, validly existing and in good standing (or equivalent status) under the Laws of its jurisdiction of organization. 
 Section 3.2 Authorization. The Seller has full legal power and authority to execute and deliver this Agreement and all documents required to be executed by it, to perform its obligations
hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. The execution, delivery and performance of this Agreement by the Seller and the consummation by the Seller of the Transactions have been, and, in the case
of documents to be executed and delivered at the Closing, will have been duly authorized by all necessary action on the part of the Seller, and no other action on the part of the Seller is necessary to authorize this Agreement or the consummation of
the Transactions. This Agreement and all documents required hereunder to be executed by the Seller have been and, in the case of documents to be executed and delivered at the Closing, will have been immediately prior to Closing, duly executed and
delivered by the Seller and, assuming due authorization, execution and delivery by the other parties thereto, this Agreement and all documents required hereunder to be executed by the Seller constitute and will constitute, in the case of documents
to be executed and delivered at the Closing, the legally valid and binding obligations of the Seller, enforceable against the Seller in accordance with its terms, except that such enforceability (i) may be limited by bankruptcy, insolvency,
fraudulent transfer, reorganization, moratorium and other similar Laws of general application affecting or relating to the enforcement of creditors’ rights generally and (ii) is 

  
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subject to general principles of equity, whether considered in a proceeding at Law or in equity (the “Bankruptcy and Equity Exception”). 

Section 3.3 Noncontravention. Neither the execution and delivery by the Seller of this Agreement, nor the consummation by the
Seller of the Transactions, will (i) result in the creation, imposition or enforcement of any Lien on, over or affecting the Acquired Company Interests owned by the Seller; (ii) conflict with or violate any provisions of the articles of
incorporation, bylaws or other constitutive or corporate documents of the Seller, (iii) violate, conflict with, result in a breach of or constitute a default under any of the terms, conditions or provisions of any Contract to which the Seller
is a party; or (iv) violate, conflict with or result in a breach of any Law, judgment, writ or injunction of any Governmental Authority applicable to the Seller, except, in the case of clauses (ii), (iii) and (iv), for such conflicts,
violations, breaches or defaults which would not impair in any material respect the ability of the Seller to perform its obligations hereunder or prevent or materially delay consummation of the Transactions. 

Section 3.4 Equity Ownership. 
 (a) The Seller is the record and beneficial owner of one hundred percent (100%) of the Acquired Company Interests, free and clear of any Liens. 

(b) Except as set forth in Section 3.4(b) of the Disclosure Schedule, there are no voting trusts, shareholder agreements or other
agreements or understandings to which the Seller is a party with respect to the ownership, disposition or voting of the Acquired Company Interests, and there are no outstanding or authorized options, warrants, subscription or other agreements to
which the Seller is a party or by which it is bound, relating to the sale, issuance or voting of, or the granting of rights to acquire, any shares of any class or series of the capital stock of, or other equity interest in, Services, or any
securities convertible or exchangeable into or evidencing the right to purchase any shares of any class or series of the capital stock of, or other equity interest in, Services. The Seller has not granted any right to any distribution, carried
interest, economic interest, preferred return or similar right with respect to Services. 
 Section 3.5 Governmental
Approvals. There are no consents or approvals of, or filings, declarations or registrations with, any Governmental Authority that are necessary for the execution and delivery of this Agreement by the Seller or the performance of this Agreement
and the consummation of the Transactions by the Seller, other than such consents, approvals, filings, declarations or registrations that, if not obtained, made or given, would not impair in any material respect the ability of the Seller to perform
its obligations hereunder or prevent or materially delay consummation of the Transactions. 
 Section 3.6 Legal
Proceedings. There are no suits, actions, claims, proceedings or investigations pending or, to the Knowledge of the Seller, threatened against, relating to or involving the Seller that would reasonably be expected to impair in any material
respect the 

  
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ability of the Seller to perform its obligations hereunder or prevent or materially delay the consummation of the Transactions. 

Section 3.7 Brokers. The Seller and its Affiliates (including the Acquired Entities) have not entered into any Contract or
other arrangement or understanding (written or oral, express or implied) with any Person which may result in the obligation of the Purchaser, any of its Affiliates or any of the Acquired Entities to pay any fees or commissions to any broker or
finder as a result of the execution and delivery of this Agreement or the consummation of the Transactions. 
 Section 3.8
Solvency. Immediately after the Closing and after giving effect to the Transactions, the sale of the Acquired Company Interests, the receipt of the Purchase Price, the payment of all fees and expenses related to the Transactions and any other
transactions and/or transfers contemplated by the Seller in connection therewith: (i) the fair saleable value of the assets of the Seller will exceed its liabilities (including contingent liabilities); (ii) the Seller will not have an
unreasonably small amount of capital for the operation of its business; and (iii) the Seller will be able to pay its liabilities as they mature. In consummating such transactions, the Seller does not intend to disturb, delay, hinder or defraud
creditors or other persons to which it is indebted. 
 Section 3.9 Bankruptcy. The Seller is neither in bankruptcy,
liquidation or receivership (and no order or resolution therefore has been presented and no notice of appointment of any liquidator, receiver, administrative receiver or administrator has been given), nor are there any valid grounds or circumstances
on the basis of which any such procedure may be requested by any Person on a voluntary or involuntary basis. 
 ARTICLE IV

 REPRESENTATIONS AND WARRANTIES REGARDING THE ACQUIRED ENTITIES 

Except as set forth in and as qualified by the Disclosure Schedule the Seller, as of the date hereof, represents and warrants to the
Purchaser as follows: 
 Section 4.1 Organization, Standing and Corporate Power. 

Each of the Acquired Entities is an entity duly organized, validly existing and in good standing (or equivalent status) under the Laws of
its jurisdiction of organization and has all requisite corporate power and authority necessary to own or lease all of its properties and assets and to carry on its business as it is now being conducted. Each of the Acquired Entities is duly licensed
or qualified to do business in each jurisdiction in which the nature of the business conducted by it or the character or location of the properties and assets owned or leased by it makes such licensing or qualification necessary, except where the
failure to be so licensed, qualified or in good standing (or equivalent status) would not reasonably be expected to have a 

  
 5 

 
Material Adverse Effect. True and correct copies of the organizational governing documents of each of the Acquired Entities (the “Company Charter Documents”) have previously been
delivered or made available to the Purchaser. 
 Section 4.2 Capitalization of Services and the Subsidiaries.

 (a) The total equity interests of Services and the amount of such equity interests issued and outstanding is set forth in
Section 4.2(a) of the Disclosure Schedule. 
 (b) All of the Acquired Company Interests are duly authorized, validly
issued, fully paid and nonassessable, and have not been issued in violation of any preemptive rights, rights of first refusal or similar rights. 
 (c) Except as set forth in Section 4.2(c) of the Disclosure Schedule, the Acquired Company Interests owned by the Seller are the only equity interests of Services issued and outstanding, and there
are no other equity interests of Services authorized, issued or outstanding, and there are no outstanding or authorized options, warrants, subscription or other agreements to which Services is a party or by which it is bound, relating to the sale,
issuance or voting of, or the granting of rights to acquire, any shares of any class or series of the capital stock of, or other equity interest in, any Acquired Entity or any securities convertible or exchangeable into or evidencing the right to
purchase any shares of any class or series of the capital stock of, or other equity interest in, any Acquired Entity. Services has not granted any right to any distribution, carried interest, economic interest, preferred return or similar right with
respect to any Acquired Entity. 
 (d) Section 4.2(d)(i) of the Disclosure Schedule sets forth the total equity interests
of each Subsidiary, the amount of such equity interests issued and outstanding and the record and beneficial owners of such outstanding equity interests. Except as set forth in Section 4.2(d)(i) of the Disclosure Schedule, no Acquired
Entity has any direct or indirect ownership interests in any corporation, partnership or other Person. All the equity interests of the Subsidiaries are duly authorized, validly issued, fully paid and nonassessable, and have not been issued in
violation of any preemptive rights, rights of first refusal or similar rights. Except as set forth in Section 4.2(d)(ii) of the Disclosure Schedule, the outstanding equity interests of the Subsidiaries, as set forth on Section 4.2(d)(i) of
the Disclosure Schedule, are the only equity interests of the Subsidiaries issued and outstanding, and there are no other equity interests of the Subsidiaries authorized, issued or outstanding, and there are no outstanding or authorized options,
warrants, subscription or other agreements to which any Subsidiary is a party or by which it is bound, relating to the sale, issuance or voting of, or the granting of rights to acquire, any shares of any class or series of the capital stock of, or
other equity interest in, any Subsidiary or any securities convertible or exchangeable into or evidencing the right to purchase any shares of any class or series of the capital stock of, or other equity interest in, any Subsidiary. Except as set
forth in Section 3.4(b) of the Disclosure Schedule, there are no voting trusts, shareholder agreements or other agreements or understandings to which any Subsidiary is a party with respect to the

  
 6 

 
ownership, disposition or voting of any Subsidiary. No Subsidiary has granted any right to any Person for any distribution, carried interest, economic interest, preferred return or similar right.

 (e) Except as reflected on the Year End Financial Statements (Services and Tasajero), the sole assets of Services consist of
equity interests in Tasajero and Operaciones and the sole assets of Tasajero consist of equity interests in Operaciones and none of Services and Tasajero has conducted any business other than incidental to the ownership of such equity interests.

 Section 4.3 Noncontravention. Neither the execution and delivery of this Agreement by the Seller, nor the
consummation of the Transactions by the Seller, will (i) conflict with or violate any provision of the Company Charter Documents, (ii) violate, conflict with, result in a breach of or constitute a default under any of the terms, conditions
or provisions of any Material Contract to which any Acquired Entity is a party or (iii) violate, conflict with or result in a breach of any Law, judgment, writ or injunction of any Governmental Authority applicable to any Acquired Entity,
except, in the case of clauses (ii) and (iii), for such conflicts, violations, breaches or defaults which would not reasonably be expected to have a Material Adverse Effect. 

Section 4.4 Financial Statements. 
 (a) Section 4.4(a) of the Disclosure Schedule contains true and correct copies of: 
 (i) with respect to Operaciones, (A) the audited balance sheet, income statement and statement of cash flows for the year ended December 31, 2011 (“Year End Financial Statements
(Operaciones)”); and (B) the unaudited balance sheet, income statement and statement of cash flows for the seven month period ended July 31, 2012, (“July Financial Statements (Operaciones)” and together with the
Year End Financial Statements (Operaciones), the “Financial Statements (Operaciones)”), all of which have been prepared in conformity with Guatemalan GAAP; and 

(ii) with respect to Services and Tasajero, (A) the unaudited balance sheet, income statement and statement of cash
flows for the year ended December 31, 2011 (the “Year End Financial Statements (Services and Tasajero)”) and (B) the unaudited balance sheet, income statement and statement of cash flows for the seven month period ended
July 31, 2012 (the “July Financial Statements (Services and Tasajero)”), together with the Year End Financial Statements (Services and Tasajero), the “Financial Statements (Services and Tasajero)”), all of
which have been prepared in conformity with US GAAP; 

  
 7 

 (b) The Financial Statements (Operaciones) and the Financial Statements (Services and
Tasajero) (collectively, the “Financial Statements”) fairly present, in all material respects, the financial position and results of operations of Operaciones, and Services and Tasajero, respectively, for the periods or as of
the dates set forth therein (subject to year-end audit adjustments and the absence of footnotes). 
 (c) Section 4.4(c) of
the Disclosure Schedule contains with respect to Operaciones true and correct copies of the unaudited balance sheet, income statement and statement of cash flows for the year ended December 31, 2011 and (B) the unaudited balance sheet,
income statement and statement of cash flows for the seven month period ended July 31, 2012, (collectively, the (“Management Financial Statements (Operaciones)”). The Management Financial Statements (Operaciones) are derived
from and are in accordance with the accounting books and records of Operaciones and comply as to form (subject to year-end audit adjustments and the absence of footnotes) in all material respects with US GAAP requirements with respect thereto
as of their respective dates. 
 Section 4.5 Undisclosed Liabilities. To the Knowledge of the Seller, none of the
Acquired Entities has any liabilities of any kind that (other than as specified in clause (f) below) would be required under US GAAP, with respect to Services and Tasajero, or Guatemalan GAAP, with respect to Operaciones, to have an amount
set forth on an audited balance sheet (or to be described in its footnotes), except for (a) liabilities set forth, reflected in, reserved against or disclosed in the Financial Statements, (b) liabilities incurred in the ordinary course of
business consistent with past practice since July 31, 2012, (c) liabilities disclosed in Section 4.5 of the Disclosure Schedule, (d) as contemplated by this Agreement or otherwise in connection with the Transactions,
(e) liabilities related to the subject matter of the other representations and warranties contained in this Article IV and (f) such other liabilities (including, specifically, any liabilities of an Acquired Entity not required to be shown
on a balance sheet prepared in accordance with US GAAP or Guatemalan GAAP, as applicable) that do not exceed U.S.$150,000. 

Section 4.6 Absence of Certain Changes. Except as set forth in Section 4.6 of the Disclosure Schedule, since
July 31, 2012 (a) there has not been a Material Adverse Effect, (b) except in connection with the Transactions and as would not reasonably be expected to have a Material Adverse Effect, the business of the Acquired Entities has been
conducted in the ordinary course of business consistent with past practices, and (c) no Acquired Entity has: 
 (i) (A) issued, sold or granted any of its equity interests, or any securities or rights convertible into, exchangeable or exercisable for, or evidencing the right to subscribe for any of its equity
interests, or any rights, warrants or options to purchase any of its equity interests; (B) redeemed, purchased or otherwise acquired any of its equity interests, or any rights, warrants or options to acquire any of its equity interests;
(C) declared, set aside for payment or paid any dividend on, or made any other distribution in 

  
 8 

 
respect of, any of its equity interests; or (D) split, combined, subdivided or reclassified any of its equity interests; 

(ii) amended its certificate of incorporation, bylaws or analogous charter documents; 

(iii) (A) adopted or effected a plan or agreement of complete or partial liquidation or dissolution or
(B) effected any merger into or with any other Person, consolidation with any other Person or acquisition of all or any substantial portion of the business or assets of any Person; 

(iv) except as required to comply with applicable Law or agreements, plans or arrangements existing prior to the date of
this Agreement and listed on the Disclosures Schedules, (A) taken any action with respect to, adopted, entered into, terminated or amended any employee benefit plan or any collective bargaining agreement, (B) increased the compensation or
benefits of, or pay or promise any bonus to, any director, officer, employee or consultant or materially modified their terms of employment or engagement, (C) amended or accelerated the payment, right to payment or vesting of any compensation
or benefits, including any outstanding equity compensation, (D) paid any bonus or other benefit to its directors, officers or employees or hired any new officers or (except in the ordinary course of business and consistent with past practice)
any new employees, (E) granted any awards under any bonus, incentive, performance or other compensation plan or arrangement or benefit plan, or (F) taken any action to fund or in any other way secure the payment of compensation or benefits
under any employee plan, agreement, contract or arrangement or benefit plan; 
 (v) made any material change in
accounting policies or practices (including any change in depreciation or amortization policies) of any Acquired Entity, except in each case as required under Guatemalan GAAP or in the ordinary course of business and consistent with past practice;

 (vi) except in the ordinary course of business and consistent with past practice, made any material Tax
election, changed any Tax accounting method or settled or compromised any material Tax liability; or 
 (vii)
entered into any Contract, commitment or arrangement to do, or taken, or agree to take any of the foregoing actions. 

Section 4.7 Legal Proceedings. Except as set forth in Section 4.7 of the Disclosure Schedule, as of the date hereof,
there is no pending or, to the Knowledge of the Seller, threatened 

  
 9 

 
legal (whether civil or criminal), administrative, arbitral or similar proceeding, claim, suit or action against any of the Acquired Entities, nor is there any injunction, order, judgment, ruling
or decree imposed upon any of the Acquired Entities in each case, or to the Knowledge of the Seller, investigation that is pending by or before any Governmental Authority, that would reasonably be expected to have a Material Adverse Effect.

 Section 4.8 Compliance With Laws; Permits. Except as would not reasonably be expected to have a Material Adverse
Effect, each of the Acquired Entities is in compliance with all laws, statutes, ordinances, codes, rules, regulations, decrees, orders, judicial or arbitral or administrative or regulatory judgments, decisions, rulings or awards issued by any
Governmental Authorities (collectively, “Laws”) applicable to the Acquired Entities. No Acquired Entity has since January 1, 2011 received from any Governmental Authority any written notice that it is not in compliance with
applicable Law. Each of the Acquired Entities holds all licenses, franchises, permits, certificates, approvals and authorizations from Governmental Authorities necessary for the lawful conduct of their respective businesses as currently conducted
(collectively, “Permits”), except where the failure to hold the same would not reasonably be expected to have a Material Adverse Effect. Each of the Acquired Entities is in compliance with the terms of all Permits, except for such
non-compliance as would not reasonably be expected to have a Material Adverse Effect. This Section 4.8 does not relate to matters with respect to Taxes, which are the subject of Section 4.9, environmental matters, which are the subject of
Section 4.10, and intellectual property, which is the subject of Section 4.12. 
 Section 4.9 Tax Matters.
(i) Each of the Acquired Entities has timely filed, or has caused to be timely filed on its behalf (taking into account any extension of time within which to file), all material Tax returns required to be filed by it and all material Taxes of
the Acquired Entities shown to be due on such Tax returns have been timely paid; (ii) no deficiency adjustment with respect to Taxes has been proposed, asserted or assessed in writing against any of the Acquired Entities, which has not been
fully paid or adequately reserved in the Financial Statements; and (iii) except as set forth in Section 4.9 of the Disclosure Schedule, no audit or other administrative or court proceedings is pending with any Governmental Authority with
respect to Taxes of any of the Acquired Entities and no written notice thereof has been received and there are no pending or, to the Knowledge of the Seller, threatened actions or proceedings for the assessment or collection of material Taxes
against any of the Acquired Entities. The Acquired Entities are not a party to any Tax indemnity agreement, Tax allocation agreement, or Tax sharing agreement and have no liability with respect to any such agreements. This Section 4.9 includes
the sole and exclusive representations and warranties of the Seller relating to Tax matters, including compliance with Laws relating thereto. 
 Section 4.10 Environmental Matters. Except as would not reasonably be expected to have a Material Adverse Effect, (a) to the Knowledge of the Seller, each of the Acquired Entities is in
compliance in all material respects with all applicable Environmental Laws, (b) there is no investigation, suit, claim, action or proceeding relating to or arising under Environmental Laws that is pending or, to the Knowledge of the Seller,
threatened against any of the Acquired 

  
 10 

 
Entities, or any real property owned, operated or leased by Operaciones, and (c) none of the Acquired Entities has received any written notice of or entered into any order, settlement,
judgment, injunction or decree involving uncompleted, outstanding or unresolved obligations, liabilities or requirements relating to or arising under Environmental Laws. No Acquired Entity has since January 1, 2011 received from any written
notice that it is not in compliance with any Environmental Laws. The Seller has provided the Purchaser with true and correct copies of all material environmental reports in the possession, custody or control of the Seller or any of its Affiliates
relating to the Real Property and/or Structures, which reports are identified in Section 4.10 of the Disclosure Schedule. This Section 4.10 constitutes the sole and exclusive representation and warranty of the Seller regarding
environmental matters, including compliance with Laws relating thereto. 
 Section 4.11 Real Property. 

(a) Section 4.11(a) of the Disclosure Schedule contains a list of all material real property now owned by each of the Acquired
Entities (collectively, the “Owned Real Property”), other than easements, licenses and other rights of way used in connection with transmission or distribution and related activities including repair and maintenance. 

(b) Except as set forth in Section 4.11(b) of the Disclosure Schedule, the Acquired Entities do not (i) lease,
(ii) sublease or (iii) have a right of use over, any material real property (other than, for purpose of clause (iii) only, the Owned Real Property). 
 (c) Except as set forth in Section 4.11(c) of the Disclosure Schedule, the applicable Acquired Entities have good fee simple title to all Owned Real Property in accordance with Guatemalan Law, free
and clear of all Liens, except Permitted Liens. 
 (d) All Structures are adequate and suitable for the purposes for which they
are presently being used and since January 1, 2012 have been maintained in the ordinary course of business consistent with past practice. 
 Section 4.12 Intellectual Property. 
 (a) Each of the Acquired Entities
own or have the right to use all (i) trademarks, service marks, trade names, Internet domain names, and all goodwill associated therewith and symbolized thereby, and registrations and applications therefor, including renewals;
(ii) inventions and discoveries, whether patentable or not, and all patents, registrations, and applications therefor, including divisions, continuations, continuations-in-part and reissues; (iii) published and unpublished works of
authorship, whether copyrightable or not, including computer software programs, applications, source code and object code, and databases and other compilations of information, copyrights in and to the foregoing, including extensions, renewals, and
restorations, and registrations and applications therefor; and (iv) confidential and/or proprietary information, trade secrets and know-how, including processes, schematics, business 

  
 11 

 
methods, formulae, drawings, prototypes, models, designs, customer lists and supplier lists ((i) through (iv) collectively being referred to as “IP Rights”) that are used in
the conduct of the business of the Acquired Entities as currently conducted, except for any such failures to own or have the right to use that would not reasonably be expected to have a Material Adverse Effect. 

(b) Except as set forth on Section 4.12(b) of the Disclosure Schedule or as would not reasonably be expected to have a Material
Adverse Effect: 
 (i) the Seller has no Knowledge of any existing claims made within the last two
(2) years, (A) that the conduct of the business of any of the Acquired Entities as currently conducted infringes or otherwise violates any IP Rights of any Person; (B) against the use by any of the Acquired Entities of any IP Right
used in the business of any of the Acquired Entities as currently conducted; (C) challenging the ownership, validity or enforceability of any of the IP Rights owned by any of the Acquired Entities, or any IP Rights owned or held by third
parties exclusively licensed to any of the Acquired Entities (the “Third-Party IP Rights”); or (D) challenging the right to use of any Third-Party IP Rights held by any of the Acquired Entities; 

(ii) to the Knowledge of the Seller, there is no unauthorized use, infringement or other violation of any of the IP
Rights, or any Third-Party IP Rights held exclusively by any of the Acquired Entities, by any Person; and 

(iii) to the Knowledge of the Seller, all IP Rights and material Third-Party IP Rights held exclusively by Operaciones
are valid and enforceable and Services and Tasajero do not hold any, and have not during the preceding two (2) years held, IP Rights and material Third Party IP Rights. 
 (c) This Section 4.12 constitutes the sole and exclusive representation and warranty of the Seller regarding Intellectual Property, including compliance with Laws relating thereto. 

Section 4.13 Contracts. 
 (a) Section 4.13(a) of the Disclosure Schedule sets forth a list of all of the following executory written Contracts to which Operaciones is a party and which are in effect on the date hereof:

 (i) loan agreements, credit agreements, security agreements, promissory notes, mortgages, indentures and
other Contracts which provide for the borrowing of moneys by or extensions of credit to Operaciones or the 

  
 12 

 
guaranty by Operaciones of obligations in respect of the borrowings of moneys by or extensions of credit to any other Person, in any case involving in excess of U.S.$50,000 of indebtedness or
committed credit; 
 (ii) employment Contracts (other than collective bargaining agreements) which expressly
provide for the payment of base salary to any employee of Operaciones of more than U.S.$40,000 annually, except those that may be cancelled by Operaciones without material penalty or further expenditure upon not more than 180 days’ notice;

 (iii) except for (i) Retention and General Release Agreements and (ii) Severance Agreements set
forth in Section 6.2(d) of the Disclosure Schedules, any Contracts providing for the payment of sums, individually or in the aggregate, in excess of U.S.$50,000 upon or following any change of control or ownership of any of Operaciones;

 (iv) power purchase agreements which expressly provide for aggregate annual payments to or from Operaciones
of more than U.S.$50,000, except those that may be cancelled by Operaciones without material penalty upon not more than 180 days’ notice; 
 (v) commodity supply and transportation agreements which expressly provide for aggregate annual payments to or from Operaciones of more than U.S.$50,000, except those that may be cancelled by Operaciones
without material penalty upon not more than 180 days’ notice; 
 (vi) contracts with a Governmental
Authority (other than ordinary course Contracts with Governmental Authorities as a customer) which expressly provide for aggregate annual payments to or from Operaciones of more than U.S.$50,000, except those that may be cancelled by Operaciones
without material penalty upon not more than 180 days’ notice; 
 (vii) except for open market sales of
energy or capacity with a term of less than ninety (90) days in the ordinary course of business, any power purchase agreements, electricity transmission agreements and electricity interconnection agreements with a remaining term in excess of
ninety (90) days; 
 (viii) any swap, exchange, commodity option or hedging agreements with a remaining
term in excess of ninety (90) days; 

  
 13 

 (ix) any operating and maintenance agreement, spare parts agreement,
project management agreement or administrative services agreement requiring payments by Operaciones in excess of U.S.$50,000 in any calendar year; 
 (x) any contract requiring a capital or operating expenditure by Operaciones in excess of U.S.$40,000 in any calendar year; 

(xi) any agreement between Operaciones and the Seller or an Affiliate thereof in excess of U.S.$75,000, except those that
may be cancelled by Operaciones without material penalty upon not more than sixty (60) days’ notice; 

(xii) any material partnership or joint venture agreement; 

(xiii) other Contracts (other than (A) those of a type described in clauses (i) through (xii) above,
without giving effect to the minimum dollar or term thresholds set forth therein and (B) contracts entered into in the ordinary course of business) which expressly provide for aggregate annual payments to or from Operaciones of more than
U.S.$80,000, except those that may be cancelled by Operaciones without material penalty upon not more than 180 days’ notice; and 
 (xiv) any amendments to any of the foregoing. 
 All Contracts required to be set forth on
Section 4.13(a) of the Disclosure Schedule are referred to herein as “Material Contracts”. 
 (b) All
Material Contracts are legal, valid, binding and enforceable in accordance with their respective terms with respect to Operaciones and, to the Knowledge of the Seller, each other party to the Material Contracts. There is no existing material default
or breach by Operaciones under any Material Contract and, to the Knowledge of the Seller, there is no such default or breach with respect to any third party to any Material Contract, except for any such default or breach as would not, individually
or in the aggregate, reasonably be expected to have a Material Adverse Effect. 
 (c) Neither Services nor Tasajero are a party
to any Contracts, nor has either been a party thereto within the preceding two (2) years or incurred any liability thereunder. 
 Section 4.14 Insurance. Section 4.14 of the Disclosure Schedule sets forth a list of all material current policies of insurance in force as of the date hereof covering Operaciones
including the period of coverage of such policies. Services and Tasajero do not maintain any policies of insurance in force as of the date hereof. To the Knowledge of the Seller: (a) all 

  
 14 

 
premiums due and payable thereon have been paid, (b) there have been no threatened terminations of, or material premium increases with respect to, any such policies and (c) except as
set forth in Section 4.14 of the Disclosure Schedule, no such policy is terminable by reason of the change in control or ownership of the Acquired Entities. The insurance policies listed in Section 4.14 of the Disclosure Schedule include
all policies of insurance that are required by Contracts or applicable Laws, in the amounts required under such Contracts or applicable Laws. 
 Section 4.15 Employees. 
 (a) Except as set forth in
Section 4.15(a) of the Disclosure Schedule, no Acquired Entity is a party to any collective bargaining agreement in effect relating to its employees. 
 (b) On the date hereof, there is no labor strike or work stoppage pending or, to the Knowledge of the Seller, threatened against Operaciones which, individually or in the aggregate, would reasonably be
expected to have a Material Adverse Effect. 
 (c) Section 4.15(c) of the Disclosure Schedule sets forth each material
pension, retirement, savings, profit sharing, deferred compensation, stock bonus or other similar plan; each material medical, vision, dental or other health plan; each material life insurance plan; and any other material employee benefit plan, in
each case, to which any of the Acquired Entities is required to contribute, or which any of the Acquired Entities sponsors for the benefit of any of their employees, or under which employees (or their beneficiaries) of any of the Acquired Entities
(in their capacities as such) are eligible to receive benefits (each, a “Plan” and collectively, the “Plans”). 
 Section 4.16 Personal Property. Except as set forth in Section 4.16 of the Disclosure Schedule, for real property which is the subject of Section 4.11 and for intangible assets which
are the subject of Section 4.12, Operaciones has good title to (free and clear of all Liens other than Permitted Liens), or a valid leasehold interest in, all personal properties and assets that are material to the business and operations of
Operaciones. 
 Section 4.17 Brokers. None of the Acquired Entities has entered into any contract or other
arrangement or understanding (written or oral, express or implied) with any Person which may result in the obligation of the Purchaser, any of its Affiliates or any Acquired Entity to pay any fees or commissions to any broker or finder as a result
of the execution and delivery of this Agreement or the consummation of the Transactions. 
 Section 4.18 Assets Used in
Business. Except as set forth on Section 4.18 of the Disclosure Schedule, Operaciones own or has the right to use all assets and properties of every kind, nature, character and description, whether real or personal, tangible or intangible,
necessary for Operaciones to conduct its business consistent with its past practices and operations as reflected in the Financial Statements (Operaciones). All such assets are adequate and suitable for the purposes for which they are presently being
used, and have been maintained in the ordinary 

  
 15 

 
course of business consistent with past practice. Section 4.18 of the Disclosure Schedule sets forth a list of the assets as of August 31, 2012 for Operaciones derived from and in
accordance with the accounting books and records of Operaciones. Operaciones owns or leases all of the assets set forth on such list. 
 Section 4.19 Bank Accounts; Powers of Attorney. Section 4.19 of the Disclosure Schedule sets forth an accurate and complete list of the names and locations of all banks, trust companies,
and other financial institutions at which Operaciones maintains accounts of any nature or safe deposit boxes, and the names of all persons or entities authorized to draw thereon, make withdrawals therefrom or have access thereto, and the names of
all persons or entities holding general or specific powers of attorney from each Acquired Entity. The Seller has made available to the Purchaser true and correct copies of each such power of attorney. The Acquired Entities (other than Operaciones)
do not have or maintain any accounts of any nature or safe deposit boxes with financial institutions. 
 Section 4.20
Bankruptcy. No Acquired Entity is in bankruptcy, liquidation or receivership (and no order or resolution therefore has been presented and no notice of appointment of any liquidator, receiver, administrative receiver or administrator has been
given), nor is there any valid grounds or circumstances on the basis of which any such procedure may be requested on a voluntary or involuntary basis. 
 Section 4.21 Books and Records. The books and records of the Acquired Entities have been maintained in accordance with sound business practices and accurately reflect the activities of
Operaciones in all material respects. At the Closing, all such books and records will be in the possession of the Acquired Entities. 
 Section 4.22 Transactions with Affiliates. Except as set forth under Section 4.22 of the Disclosure Schedule, none of the Seller or its Affiliates and no director or officer of the
Seller or its Affiliates is involved in any material business arrangement or relationship with any of the Acquired Entities. 

ARTICLE V 

REPRESENTATIONS AND WARRANTIES OF THE PURCHASER 
 The Purchaser represents and warrants to the Seller that: 
 Section 5.1
Corporate Existence; Standing; Bankruptcy; Solvency. 
 (a) The Purchaser is an International Business Company, duly
organized, validly existing and in good standing (or equivalent status) under the Laws of the Commonwealth of the Bahamas. 

  
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 (b) The Purchaser has the requisite power and authority to enter into and perform this
Agreement. 
 (c) The Purchaser is neither in bankruptcy, liquidation or receivership (and no order or resolution therefore has
been presented and no notice of appointment of any liquidator, receiver, administrative receiver or administrator has been given), nor is there any valid grounds or circumstances on the basis of which any such procedure may be requested on a
voluntary or involuntary basis. 
 (d) Immediately after the Closing and after giving effect to the Transactions, the payment of
the Purchase Price, the receipt of the Acquired Company Interests and the payment of all fees and expenses related to the Transactions: (i) the fair saleable value of the assets of the Purchaser will exceed the liabilities of the Purchaser;
(ii) the Purchaser will not have an unreasonably small amount of capital for the operation of its business; and (iii) the Purchaser will be able to pay its liabilities as they mature. In consummating such transactions, the Purchaser does
not intend to disturb, delay, hinder or defraud either present or future creditors or other persons to which it is or will become, on or after the date hereof, indebted. 
 Section 5.2 Authorization. The Purchaser has full legal power and authority to execute and deliver this Agreement and all documents required to be executed by the Purchaser, to perform its
obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. The execution, delivery and performance of this Agreement by the Purchaser and the consummation by the Purchaser of the Transactions have been,
and, in the case of documents to be executed and delivered at the Closing, will have been duly authorized by all necessary action on the part of the Purchaser, and no other action on the part of the Purchaser is necessary to authorize this Agreement
or the consummation of the Transactions. This Agreement and all documents required hereunder to be executed by the Purchaser have been, and, in the case of documents to be executed and delivered at the Closing, will have been immediately prior to
Closing, duly executed and delivered by the Purchaser and, assuming due authorization, execution and delivery by the other parties thereto, this Agreement and all documents required hereunder to be executed by the Purchaser constitute and will
constitute, in the case of documents to be executed and delivered at the Closing, the legally valid and binding obligations of the Purchaser, enforceable against the Purchaser in accordance with its terms, subject to the Bankruptcy and Equity
Exception. 
 Section 5.3 Noncontravention. Neither the execution and delivery by the Purchaser of this Agreement,
nor consummation by the Purchaser of the Transactions, will (i) conflict with or violate any provisions of the articles of incorporation, bylaws or other constitutive or corporate documents of the Purchaser, (ii) violate, conflict with,
result in a breach of or constitute a default under any of the terms, conditions or provisions of any Contract to which the Purchaser is a party; or (iii) violate, conflict with or result in a breach of any Law, judgment, writ or injunction of
any Governmental Authority applicable to the Purchaser, except, in the case of clauses (ii) and (iii), for such violations, breaches or defaults which would not impair in any 

  
 17 

 
material respect the ability of the Purchaser to perform its obligations hereunder or prevent or materially delay consummation of the Transactions. 

Section 5.4 Governmental Approvals. Except as set forth in Section 5.4 of the Disclosure Schedule, there are no consents
or approvals of, or filings, declarations or registrations with, any Governmental Authority that are necessary for the execution and delivery of this Agreement by the Purchaser or performance of this Agreement and consummation of the Transactions by
the Purchaser, other than such consents, approvals, filings, declarations or registrations that, if not obtained, made or given, would not impair in any material respect the ability of the Purchaser to perform its obligations hereunder or prevent or
materially delay consummation of the Transactions. 
 Section 5.5 Capital Resources. The Purchaser has available to
it, and will have available to it at the Closing, sufficient funds to pay the Purchase Price, to pay all related fees and expenses payable by the Purchaser in connection with the Transactions and to consummate the other transactions contemplated by
this Agreement to be consummated by the Purchaser, all as evidenced by valid and executed commitment letters issued by recognized local Guatemalan or international financial institutions (the “Commitment Letters”). True and complete
copies of such Commitment Letters in form and substance reasonably acceptable to the Seller have been provided to the Seller. 

Section 5.6 Legal Proceedings. There are no suits, actions, claims, proceedings or investigations pending or, to the
knowledge of the Purchaser, threatened against, relating to or involving the Purchaser that would reasonably be expected to impair in any material respect the ability of the Purchaser to perform its obligations hereunder or prevent or materially
delay the consummation of the Transactions. 
 Section 5.7 Brokers. None of the Purchaser or its Affiliates has
entered into any Contract or other arrangement or understanding (written or oral, express or implied) with any Person which may result in the obligation of the Seller, the Acquired Entities, or any of their Affiliates to pay any fees or commissions
to any broker or finder as a result of the execution and delivery of this Agreement or the consummation of the Transactions. 

Section 5.8 Purchase for Investment. The Purchaser is acquiring the Acquired Company Interests for its own account, not as a
nominee or agent, for investment and not with a view toward any resale or distribution of any part thereof and the Purchaser has no present intention of selling, granting any participation in, or otherwise distributing the Acquired Company
Interests. The Purchaser further represents that it does not presently have any contract, undertaking, agreement or arrangement with any Person to sell, transfer or grant participations to such Person or to any third Person, with respect to any of
the Acquired Company Interests. 

  
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 Section 5.9 Purchaser’s Independent Investigation. The Purchaser and its
representatives have undertaken an independent investigation and verification of the business, operations and financial condition of the Acquired Entities. The Purchaser acknowledges that: 

(a) the Purchaser has been afforded access to and the opportunity to inspect the Acquired Entities, the business of the Acquired Entities
and all other due diligence materials; and 
 (b) the Purchaser has inspected the business of the Acquired Entities and all
other due diligence materials (including any documentation provided by the Seller or its Affiliates in connection with the Transactions), in each case to the extent the Purchaser deems necessary or advisable in connection with its decision to enter
into this Agreement and to consummate the Transactions. 
 ARTICLE VI 

COVENANTS AND AGREEMENTS 
 Section 6.1 Conduct of Business. 
 (a) Except as contemplated or
permitted by this Agreement, Section 6.1 of the Disclosure Schedule or as required by applicable Law, during the period from the date of this Agreement until the Closing, unless the Purchaser otherwise consents (which consent shall not be
unreasonably withheld, conditioned or delayed), the Seller shall use commercially reasonable efforts to cause the Acquired Entities to conduct the business of the Acquired Entities in all material respects in the ordinary course consistent with past
practice. 
 (b) Without limiting the generality of the foregoing, except as contemplated or permitted by this Agreement,
Section 6.1 of the Disclosure Schedule or as required by applicable Law, during the period from the date of this Agreement until the Closing, unless the Purchaser otherwise consents (which consent shall not be unreasonably withheld, conditioned
or delayed), the Seller shall use commercially reasonable efforts to cause the Acquired Entities not to: 
 (i)
(A) issue, sell or grant any of its equity interests, or any securities or rights convertible into, exchangeable or exercisable for, or evidencing the right to subscribe for any of its equity interests, or any rights, warrants or options to purchase
any of its equity interests; (B) redeem, purchase or otherwise acquire any of its equity interests, or any rights, warrants or options to acquire any of its equity interests; (C) declare, set aside for payment or pay any dividend on, or
make any other distribution in respect of, any of its equity interests; or (D) split, combine, subdivide or reclassify any of its equity interests; 

  
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 (ii) amend its certificate of incorporation, bylaws or analogous charter
documents; 
 (iii) (a) adopt or effect a plan or agreement of complete or partial liquidation or dissolution or
effect any merger into or with any other Person, consolidation with any other Person or acquisition of all or any substantial part of the business or assets of any Person; 

(iv) sell, pledge, transfer, dispose of or encumber or suffer or permit to exist any Lien (other than Permitted Liens) on
any of their material properties or assets except (x) pursuant to Contracts in force on the date of this Agreement or entered into after the date of this Agreement in compliance with the provisions of this Agreement, or (y) transfers among
the Acquired Entities; 
 (v) make any material change in accounting policies or practices (including any change
in depreciation or amortization policies), except in each case as required under Guatemalan GAAP or in the ordinary course of business and consistent with past practice; 

(vi) change any business policies, including advertising, investment, marketing, pricing, purchasing, production,
personnel, sales, returns, budget or product acquisition policies, which in each case would result in any amount in excess of U.S.$100,000, in aggregate, that would have been payable by such Acquired Entity prior to the Closing prior to such change
of business policy is deferred until after the Closing; 
 (vii) incur any indebtedness for borrowed money in
excess of U.S.$250,000; 
 (viii) except in the ordinary course of business and consistent with past practice,
(w) make any material Tax election, change any Tax accounting method or settle or compromise any material Tax liability, (x) assign, terminate or amend, in any material respect, any Material Contract or material Permit, (y) execute or
effect any material waiver or consent with respect to any Material Contract or material Permit, or (z) enter into any Contract that, if entered into on or prior to the date hereof, would be required to be listed in Section 4.13(a) of the
Disclosure Schedule; 
 (ix) except as required to comply with (x) applicable Law or (y) agreements,
plans or arrangements existing on the date of this Agreement and listed on the Disclosures Schedules, (A) take any action with respect to, adopt, enter into, terminate or amend any employee benefit plan

  
 20 

 
or any collective bargaining agreement, (B) increase the compensation or benefits of, or pay or promise any bonus to, any director, officer, employee or consultant or materially modify their
terms of employment or engagement, (C) amend or accelerate the payment, right to payment or vesting of any compensation or benefits, including any outstanding equity compensation, (D) pay any bonus or other benefit to its directors,
officers or employees or hire any new officers or (except in the ordinary course of business and consistent with past practice) any new employees, (E) grant any awards under any bonus, incentive, performance or other compensation plan or
arrangement or benefit plan, or (F) take any action to fund or in any other way secure the payment of compensation or benefits under any employee plan, agreement, contract or arrangement or benefit plan; 

(x) except for (i) Retention and General Release Agreements, and (ii) Severance Agreements set forth in
Section 6.2(d) of the Disclosure Schedules, enter into any Contracts providing for the payment of sums, individually or in the aggregate, in excess of U.S.$100,000 upon or following any change of control or ownership of any of the Acquired
Entities; 
 (xi) assign, terminate or amend any policies of insurance set forth on Section 4.14 of the
Disclosure Schedule; 
 (xii) make any payment in connection with any agreements set forth on Section 4.22
of the Disclosure Schedule; or 
 (xiii) enter into any Contract, commitment or arrangement to do, or take, or
agree to take any of the foregoing actions. 
 (c) In addition, the Seller agrees that, during the period from the date of this
Agreement until the Closing Date, the Seller shall not and shall not permit any of its Affiliates to, take, or agree or commit to take, any action that could reasonably be expected to (a) impose any material delay in the obtaining of, or
significantly increase the risk of not obtaining, any authorizations, consents, orders, declarations or approvals of any Governmental Authority necessary to consummate the Transactions or the expiration or termination of any applicable waiting
period, (b) significantly increase the risk of any Governmental Authority entering an order or restraint prohibiting or impeding the consummation of the Transactions or (c) otherwise materially delay the consummation of the Transactions

 (d) The Purchaser agrees that, during the period from the date of this Agreement until the Closing Date, the Purchaser shall
not and shall not permit any of its Affiliates to, take, or agree or commit to take, any action that could reasonably be expected to (a) impose any material delay in the obtaining of, or significantly increase the risk of not obtaining, any

  
 21 

 
authorizations, consents, orders, declarations or approvals of any Governmental Authority necessary to consummate the Transactions or the expiration or termination of any applicable waiting
period, (b) significantly increase the risk of any Governmental Authority entering an order or restraint prohibiting or impeding the consummation of the Transactions or (c) otherwise materially delay the consummation of the Transactions.

 Section 6.2 Employment Matters 
 (a) During the one (1) year period following the Closing, the Purchaser or its Affiliates shall, or shall cause the Acquired Entities to, provide to the employees of the Acquired Entities who
are employed at the Closing (“Company Employees”) and who remain employed with the Purchaser or any Affiliate of the Purchaser for so long as the Company Employee remains so employed, compensation and employee benefits that, with
respect to each employee, are substantially similar in the aggregate to the compensation and benefits provided to such employee under the Plans (without regard to qualified or non-qualified defined benefit plans, or retiree medical or retiree life
insurance benefits) as of the date hereof. The Purchaser or its Affiliates shall, or shall cause the Acquired Entities to, perform all of their respective obligations under the Plans as in effect on the date hereof or as may thereafter be amended in
accordance with the terms thereof. 
 (b) The Purchaser or its Affiliates shall, or shall cause the Acquired Entities to,
provide each Company Employee (other than Company Employees that are executing an Employment Agreement concurrently with the execution of this Agreement) who incurs a termination of employment during the one (1) year period following the
Closing with severance payments and severance benefits that are no less favorable than those to which such Company Employee would have been entitled under the pay policy applicable to employees of the applicable Acquired Entity as in effect on the
date hereof, based upon the default or recommended level of benefits thereunder. Without limiting the generality of the foregoing, the Purchaser agrees that it will use the Severance Reserve solely for the payment of severance benefits to the
Company Employees. 
 (c) The provisions of this Section 6.2 are solely for the benefit of the parties to this Agreement,
and no employee or former employee of the Acquired Entities or any other individual associated therewith shall be regarded for any purpose as a third party beneficiary of this Agreement, and nothing herein shall be construed as an amendment to any
Plan for any purpose. The parties acknowledge and agree that nothing contained in this Agreement, including in this Section 6.2 shall require the Purchaser or any Affiliate thereof (including, after the Closing Date, the Acquired Entities) to
maintain the employment of any employee of the Acquired Entities. 
 (d) The Seller hereby agrees to be responsible for and at
the Closing, shall (or shall cause an Affiliate to) make each payment pursuant to the Retention and General Release Agreements set forth in Section 6.2(d) of the Disclosure Schedules on the date such payment is

  
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required to be paid pursuant to the terms thereof and shall pay or cause to be paid to any Governmental Authority all Taxes required to be withheld or paid by any of the Acquired Entities to any
Governmental Authority in respect thereof. The Purchaser hereby agrees to be responsible for and shall make each payment pursuant to the Severance Agreements set forth in Section 6.2(d) of the Disclosure Schedules on the date such payment is
required to be paid pursuant to the terms thereof, including any such payments that are required to be paid on the Closing Date and shall pay or cause to be paid to any Governmental Authority all Taxes required to be withheld or paid by any of the
Acquired Entities to any Governmental Authority in respect thereof. 
 (e) The Seller acknowledges and confirms that the
Purchaser and the Acquired Entities shall not be responsible for any payments that are required to be made pursuant to the any sales price retention incentive agreements with Company Employees 

Section 6.3 Commercially Reasonable Efforts. 
 (a) Subject to the terms and conditions of this Agreement, each party hereto shall cooperate with the other party and use its respective commercially reasonable efforts to promptly (i) take, or cause
to be taken, all actions and do, or cause to be done, all things, necessary, proper or advisable to cause the conditions to Closing to be satisfied as promptly as practicable and to consummate and make effective, in the most expeditious manner
practicable, the Transactions, including preparing and filing promptly and fully all documentation to effect all necessary filings, notices, petitions, statements, registrations, submissions of information, applications and other documents
(including, to the extent determined necessary, any filings under applicable Antitrust Laws) and (ii) obtain all approvals, consents, registrations, permits, authorizations and other confirmations from any Governmental Authority or third party
necessary, proper or advisable to consummate the Transactions. For purposes hereof, “Antitrust Laws” means the applicable Laws issued by a Governmental Authority that are designed or intended to prohibit, restrict or regulate
actions having the purpose or effect of monopolization or restraint of trade or lessening of competition through merger or acquisition. 
 (b) Each party hereto shall use its commercially reasonable efforts to (i) cooperate in all respects with each other in connection with any filing or submission with a Governmental Authority in
connection with the Transactions and in connection with any investigation or other inquiry by or before a Governmental Authority relating to the Transactions, including any proceeding initiated by a private party and (ii) keep the other party
informed in all material respects and on a reasonably timely basis of any material communication received by such party from, or given by such party to any Governmental Authority and of any material communication received or given in connection with
any proceeding by a private party, in each case regarding any of the Transactions. Subject to applicable Laws relating to the exchange of information, each party hereto shall have the right to review in advance and to the extent practicable each
will consult the other party on, all the information relating to the other party and its Affiliates, as the case may be, that appears in any filing made with, or written materials submitted to, any third

  
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party and/or any Governmental Authority in connection with the Transactions. Each party shall have the right to attend conferences and meetings between another party and regulators concerning the
Transactions. In this regard, the party requesting any such conference or meeting with a regulator shall, to the extent practicable, notify the other party at least three (3) Business Days in advance of such conference or meeting. 

(c) In furtherance and not in limitation of the covenants of the parties contained in this Section 6.3, each party hereto shall use
its commercially reasonable efforts to resolve such objections, if any, as may be asserted by a Governmental Authority or other Person with respect to the Transactions. Without limiting any other provision hereof, each party shall use its
commercially reasonable efforts to (i) avoid the entry of, or to have vacated or terminated, any decree, order or judgment that would restrain, prevent or delay the consummation of the Transactions, on or before the Walk-Away Date,
provided, however, that such party shall not be required to defend through litigation any claim asserted by any Person and (ii) avoid or eliminate each and every impediment under any Antitrust Law that may be asserted by any
Governmental Authority with respect to the Transactions so as to enable the consummation of the Transactions to occur as soon as reasonably possible (and in any event no later than the Walk-Away Date). 

(d) Notwithstanding anything to the contrary contained in this Agreement, commercially reasonable efforts shall not require the party
undertaking such efforts to pay any form of compensation or other consideration or create an obligation to enter into or modify any form of relationship, arrangement or agreement with any third party. 

Section 6.4 Public Announcements. The Seller and the Purchaser shall each be entitled to issue an initial press release with
respect to this Agreement and the Transactions (a copy of which shall be shared with the other party and each party shall allow the other party reasonable time to comment on such release in advance of its announcement). Each party acknowledges and
agrees that each party’s initial press release shall be released on the same day and during the same time period. Thereafter, each party may make (i) any public statements regarding this Agreement or the Transactions as may be required by
Law or by any applicable listing agreement with a national securities exchange or national market system as determined in the good faith judgment of the party proposing to make such statement or (ii) public statements with respect to this
Agreement and the Transactions, whether oral or written, in connection with shareholder reports, earnings announcements or communications with stock market analysts; provided, however that such statements are consistent with the
information contained in the initial press releases or the statements made in accordance with clause (i) of this sentence. 

Section 6.5 Access to Information; Periodic Reports; Confidentiality. 

(a) Upon reasonable request and written notice, subject to applicable Laws relating to the exchange of information, the Seller shall use
commercially reasonable efforts to cause the Acquired Entities to afford to the Purchaser and the Purchaser’s representatives reasonable access during normal business hours to the Acquired Entities’ books, Contracts and

  
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records and the Seller shall use commercially reasonable efforts to cause the Acquired Entities to furnish promptly to the Purchaser such information concerning its business and properties as the
Purchaser may reasonably request; provided, however, that such access shall not unreasonably interfere with the business or operations of any of the Seller or any Acquired Entity; provided, further, that the Seller shall
not be obligated to cause the Acquired Entities to provide such access or information if the Seller determines, in its reasonable judgment, that doing so would (i) cause significant competitive harm to the Seller, any Acquired Entity, or their
respective businesses if the transactions contemplated by this Agreement are not consummated, (ii) violate applicable Law or a Contract or obligation of confidentiality owing to a third-party or (iii) jeopardize the protection of an
attorney-client privilege. Until the Closing, the information provided will be subject to the terms of the Confidentiality Agreement. 
 (b) No later than fifteen (15) days following the end of each calendar month prior to the Closing, the Seller shall provide to the Purchaser (i) the unaudited consolidated balance sheet of the
Acquired Entities as of the end of the most recently completed calendar month and the related unaudited consolidated statements of income and retained earnings and cash flows for the period from the beginning of the then-current fiscal year until
the end of such month, and (ii) an operations and maintenance report relating to the Acquired Entities. 
 (c)
Reserved 
 (d) The Purchaser acknowledges that the confidential information provided to it by the Seller or the Acquired
Entities prior to the Closing in connection with this Agreement and the terms hereof, to the extent it relates to the Seller (but not the Acquired Entities, if the Closing occurs), shall be deemed confidential information and shall be used by the
Purchaser only in connection with the Transactions and for no other purpose. 
 (e) The Purchaser shall cause the Acquired
Entities to reasonably cooperate with the Seller and its Affiliates (at the sole cost and expense of the Seller and its Affiliates) and their counsel in connection with the CAFTA Claim, which cooperation will include, but not be limited to, the
following: (A) if requested by the Seller or its Affiliates, the Purchaser will cause officers, directors, and employees of the Acquired Entities to (i) appear for a reasonable number of interviews, at reasonable times and locations, and
(ii) answer questions concerning such CAFTA Claim or concerning their work for the Acquired Entities, (B) the Purchaser will cause the Acquired Entities to produce their non-privileged books, records, returns, documents, files, other
information on file prior to Closing (including working papers and schedules) relating to such CAFTA Claim within the Acquired Entities’ custody and control, which it is reasonably requested to produce by the Seller or its Affiliates, and
(C) upon reasonable notice from the Seller or its Affiliates, the Purchaser shall instruct the officers, directors and employees of the Acquired Entities to (i) appear for a reasonable number of hearings, depositions and at trial or
arbitral proceeding (including as witnesses) related to any such CAFTA Claim, and (ii) meet with the representatives of the Seller and its Affiliates to assist in preparation for such depositions and trials. 

  
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 Section 6.6 Preservation of Records; Post-Closing Cooperation. 

(a) The Purchaser agrees that it shall preserve and keep any books, records and other documents relating to the businesses of the Acquired
Entities for a period of six (6) years from the Closing Date and shall make such records available for inspection and copying to the Seller as may be reasonably required. No such books, records or documents shall be destroyed by the Purchaser
without first advising the Seller in writing and giving the Seller a reasonable opportunity to obtain possession thereof. 
 (b)
After the Closing, each party shall furnish, or cause to be furnished, to the other party reasonable access during normal business hours to such information and employees as may be reasonably required by such party and relating to the Acquired
Entities in connection with, among other things, (i) financial reporting, accounting and Tax matters, (ii) any insurance claims by, suits, actions, claims, or proceedings against or investigations of, any party or (iii) in order to
enable any party to comply with its obligations under this Agreement or any other agreement, document or instrument contemplated hereby. No party shall be required by this Section 6.6(b) to take any action that would unreasonably interfere with
the conduct of its business or unreasonably disrupt its normal operations or be reasonably expected to violate any attorney-client privilege of a party or its Affiliates or violate any applicable Law. 

Section 6.7 Fees and Expenses. Except as otherwise expressly provided herein, (a) the Purchaser shall pay its own fees,
costs and expenses incurred in connection herewith and the Transactions and (b) the Seller shall pay its own fees, costs and expenses incurred in connection herewith and the Transactions. 

Section 6.8 Directors and Officers. 
 (a) Immediately following the Closing, the Purchaser shall take all such action as shall be required to release resigning directors and officers of the Acquired Entities from liability in connection with
their service as directors and officers of the Acquired Entities. For such purpose, the Purchaser shall take all necessary actions to carry out an equity holder’s meeting for each Acquired Entity immediately after the Closing, in which the
equity holders of each Acquired Entity shall accept the resignation of each such director and officer, effective as of the date of issuance of each resignation letter, and grant the release pursuant to this Section 6.8. The Purchaser shall take
all necessary actions to provide each resigning director and officer of the Acquired Entities with the appropriate document that evidences such release. The Seller shall use commercially reasonable efforts to cause each resigning director and
officer of the Acquired Entities to release the Purchaser and its Affiliates from any and all liability to such resigning Person in connection with their service as directors and officers of the Acquired Entities. The Seller shall use commercially
reasonable efforts to cause each such resigning director and officer of the Acquired Entities to provide to the Purchaser and its Affiliates with a release of any and all liability to such resigning Person except as specifically provided by this
Agreement. 

  
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 (b) From, and for a period of six (6) years following, the Closing Date, the Purchaser
shall, or shall cause each Acquired Entity to, indemnify and hold harmless each present and former director and officer of each Acquired Entity (each, a “Indemnified Director”, collectively, the “Indemnified
Directors”), who was or is a party or is threatened to be made a party to any claim, action, suit, proceeding or investigation, whether civil, criminal, administrative or investigative, by reason of the fact that such Indemnified Director
is or was a director, officer, employee or agent of such Acquired Entity, against any and all costs or expenses (including, without limitation, travel expenses and reasonable attorneys’ fees), judgments, fines, losses, claims, damages,
liabilities and amounts paid in defense or settlement or otherwise arising out of or pertaining to any facts or events existing or occurring at or prior to the Closing Date to the extent permitted as of the date hereof by applicable Law and by the
Company Charter Documents of such Acquired Entity, as applicable. The Purchaser shall, or shall cause each Acquired Entity to, advance expenses to an Indemnified Director, as incurred, to the extent such advances are permitted as of the date hereof
by applicable Law and by the Company Charter Documents of such Acquired Entity; provided, that the Indemnified Director to whom expenses are advanced provides an undertaking to repay such advances if it is ultimately determined that such
Indemnified Director is not entitled to indemnification. In the event of any such claim, action, suit, proceeding or investigation (whether arising before or after the Closing Date), (i) the Indemnified Directors shall promptly notify the
Purchaser and the applicable Acquired Entity thereof, (ii) any counsel retained by the Indemnified Director for any period after the Closing Date shall be subject to the consent of the Purchaser and the applicable Acquired Entity (which consent
shall not be unreasonably withheld, conditioned or delayed), (iii) none of the Purchaser and the applicable Acquired Entity shall be obligated to pay for more than one firm of counsel for all Indemnified Directors, except to the extent that
(A) an Indemnified Director has been advised by counsel that there are conflicting interests between it and any other Indemnified Director, or (B) local counsel, in addition to such other counsel, is required to effectively defend against
such action or proceedings, and (iv) none of the Purchaser and the applicable Acquired Entity shall be liable for any settlement effected without its written consent (which consent shall not be unreasonably withheld, conditioned or delayed).
The Purchaser and the applicable Acquired Entity shall not have any obligation hereunder to any Indemnified Director when and if a court of competent jurisdiction shall ultimately determine (and such determination shall have become final and
non-appealable) that the indemnification of such Indemnified Director in the manner contemplated hereby is prohibited by applicable Law. 
 (c) If the Purchaser or any Acquired Entity or any of their successors or assigns (i) shall merge or consolidate with or merge into any other corporation or entity and shall not be the surviving or
continuing entity of such consolidation or merger, or (ii) shall transfer all or substantially all of their respective properties and assets to any individual, corporation or other entity, then in each such case, proper provisions shall be made
so that the successors or assigns of the Purchaser or such Acquired Entity shall assume all of the obligations set forth in this Section 6.8. 

  
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 Section 6.9 Related-Party Transactions. On or prior to the Closing Date, the
Seller and the Acquired Entities shall terminate, with no further liability to any of the Acquired Entities, all contracts between any Acquired Entity and the Seller or its Affiliates (other than those contracts set forth on Schedule 6.9 of the
Disclosure Schedule). 
 Section 6.10 TECO Marks. TECO Marks will appear on some of the assets of the Acquired
Entities, including on signage at the facilities of the Acquired Entities, and on supplies, materials, stationery, brochures, advertising materials, manuals and similar consumable items of the Acquired Entities. The Purchaser shall, (i) within
sixty (60) days after the Closing Date, remove, cover or conceal the TECO Marks from the assets of the Acquired Entities, including signage at the facilities of the Acquired Entities, and provide written verification thereof to the Seller
promptly after completing such removal and (ii) within thirty (30) days after the Closing Date, return or destroy (with proof of destruction) all other assets of the Acquired Entities that contain any TECO Marks that are not removed,
covered or concealed; provided, however, that the Purchaser shall be authorized to continue to use for internal purposes only and not for public use, materials bearing such TECO Marks (including manuals) used by the Seller and the
Acquired Entities prior to the Closing for up to two (2) months following the Closing. Notwithstanding the foregoing, use of the TECO Marks shall remain under the control of the Seller and all goodwill associated with the TECO Marks shall
remain with the Seller. Subject to the terms of the preceding sentences, the Purchaser acknowledges and agrees that it has and, upon consummation of the Transactions contemplated hereby shall have, no right, title, interest, license, or any other
right whatsoever to use the TECO Marks. The Purchaser agrees never to challenge the Seller’s (or its Affiliates’) ownership of the TECO Marks or any application for registration thereof or any registration thereof or any rights of the
Seller or its Affiliates therein as a result, directly or indirectly, of their ownership of the Acquired Entities. The Purchaser will not conduct any business nor offer any goods or services under any TECO Marks. The Purchaser will not send, or
cause to be sent, any correspondence or other materials to any Person on any stationery that contains any TECO Marks or otherwise operate the Acquired Entities in any manner which would or might reasonably be expected to confuse any Person into
believing that the Purchaser has any right, title, interest or license to use any TECO Marks. Nothing herein shall be construed as granting the Purchaser the right to use the TECO Marks in any manner or for any purpose inconsistent with or to any
greater extent than the current use of such TECO Marks by the Acquired Entities. 
 Section 6.11 Consents. The
Purchaser acknowledges that certain consents or waivers with respect to the Transactions may be required, including with respect to the Contracts of Operaciones and that such consents have not been obtained. The Seller shall use commercially
reasonable efforts to obtain on behalf of the Purchaser such consents; provided that the Purchaser acknowledges that the Seller’s obligation under this Section 6.11 shall not include any obligation on the part of the Seller or any of its
Affiliates to enter into or modify any form of relationship, arrangement or agreement with any third party or require the payment by the Seller or any of its Affiliates of any compensation or other consideration. The Purchaser acknowledges and
agrees that the Seller shall not have any liability or obligation whatsoever to 

  
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the Purchaser arising out of or relating to the failure to obtain any consents that may be required in connection with the Transactions or because of the termination of any Contract as a result
thereof. The Purchaser agrees that no representation, warranty or covenant of the Seller contained in this Agreement shall be breached or deemed breached, and no condition shall be deemed not satisfied, as a result of (a) the failure to obtain
any consent, (b) any such termination or (c) any lawsuit, action, proceeding or investigation commenced or threatened by or on behalf of any Person arising out of or relating to the failure to obtain any consent or any termination.

 Section 6.12 Non-Solicitation. Beginning on the date hereof and continuing until the date which is twenty four
(24) months after the Closing Date, the Seller and its Affiliates shall not initiate, knowingly solicit or knowingly encourage any inquiries or the making of any proposal or offer for employment or employ, including as consultant or independent
contractor, any person who on the Closing Date is an employee, officer or manager of any of the Acquired Entities and that resides in Guatemala, except with the express written permission of the Purchaser in each instance; provided, that the
foregoing restriction will not apply to (i) general solicitations for employees not specifically directed at any such person, (ii) general mandates given to recruitment consultants or (iii) soliciting or hiring any person who was not
employed by any of the Acquired Entities at any time during the thirty (30) days prior to such solicitation or hiring. 

Section 6.13 Exclusivity. Between the date hereof and the earlier to occur of the Closing Date or termination in accordance
with Section 9.1: (a) the Seller shall not and shall cause each of the Acquired Entities not to, directly or indirectly: (i) initiate, solicit, encourage or otherwise facilitate any inquiry, proposal, offer or discussion with any
party (other than the Purchaser) concerning any Acquisition Transaction, (ii) furnish any information concerning the business, properties or assets of the Acquired Entities to any Person (other than the Purchaser) or (iii) engage in
discussions or negotiations with any party (other than the Purchaser) concerning any such transaction; and (b) the Seller shall and shall cause the Acquired Entities to (i) immediately cease any discussions or negotiations of the nature
described in clause (a) of this Section that were pending, (ii) refrain from entering into any Acquisition Transaction, and (iii) promptly advise the Purchaser in writing of the receipt, directly or indirectly, of any inquiry,
proposal or other materials, and of any discussions, negotiations or proposals relating to, an Acquisition Transaction. Notwithstanding the foregoing, the Purchaser acknowledges and agrees that the Seller and its Affiliates will not be in violation
of this Section 6.13 in connection with any discussions or proposals relating to an Acquisition Transaction with C.F. Financeco, Ltd., a British Virgin Islands business company (or any of its successors or assigns). 

Section 6.14 Commitment Letters. The Purchaser shall use its reasonable best efforts to comply with its obligations and
enforce its rights under the Commitment Letters in a timely manner and shall not permit any amendment or modification thereto, or any waiver of any provision or remedy thereunder, which would have the effect of introducing an additional condition to
such counterparties’ obligations, reducing the amount of the commitments thereunder or delaying the Closing. If any portion of the financing contemplated pursuant to the 

  
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Commitment Letters (the “Financing”) becomes unavailable on the terms and conditions contemplated in the Commitment Letters, the Purchaser shall notify the Seller within two
(2) Business Days and shall use its reasonable best efforts to obtain alternative financing from alternative sources on substantially the same terms (including pricing) in an amount sufficient to consummate the Transactions as promptly as
reasonably practicable following the occurrence of such event. The Purchaser shall deliver to the Seller true and complete copies of all agreements pursuant to which any such alternative source shall have committed to provide the Purchaser with any
portion of the financing necessary to consummate the Transactions. The Purchaser shall give the Seller notice within two (2) Business Days of any material breach by any party to the Commitment Letters, or any termination of the Commitment
Letters. The Purchaser shall refrain (and shall use its reasonable best efforts to cause its Affiliates to refrain) from taking, directly, or indirectly, any action that would result in a failure of any of the conditions contained in the Commitment
Letters or in any definitive agreements related to the Financing. The Purchaser shall not agree to or permit any material amendment, supplement or other modification to be made to, or any waiver of any material provision or remedy under, the
Commitment Letters or the definitive agreements relating to the Financing that would materially and adversely affect or delay in any material respect the Purchaser’s ability to consummate the Transactions, without first obtaining the
Seller’s prior written consent (which shall not be unreasonably withheld, conditioned or delayed). Any material breach by the Purchaser of the Commitment Letters and/or any related fee or engagement letter shall be deemed a material breach by
the Purchaser of this Section 6.14. The Purchaser will provide to the Seller any modifications or amendments to the Commitment Letters, or any material notices given in connection therewith, promptly but in any event within two
(2) Business Days. 
 ARTICLE VII 
 POST-CLOSING TAX MATTERS 
 Section 7.1 Tax Filings. The Seller
shall cause the Acquired Entities to file all Tax returns due on or prior to the Closing Date. The Purchaser shall be responsible for preparing and shall cause the Acquired Entities to file all Tax returns that
are due after the Closing Date; provided, however, that the Seller shall have the right to review and approve any such Tax return which relates to a Pre-Closing Tax Period (a draft copy of which shall be provided to the
Seller not later than fifteen (15) Business Days prior to the applicable due date thereof); provided that such approval shall not be unreasonably withheld. All Tax returns that are filed pursuant to this Section 7.1, in the
absence of a controlling change in any Law or circumstances, shall be prepared on a basis consistent with the elections, accounting methods, conventions and principles of taxation used for the most recent taxable periods for which Tax
returns have been filed and in a manner that does not accelerate deductions or defer income between Tax periods, except as otherwise required by any applicable Law. 

  
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 Section 7.2 Pre-Closing and Straddle-Period Taxes. 

(a) Taxes relating to a Straddle Period shall be allocated to the Pre-Closing Date Tax Period or Post-Closing Date Tax Period for purposes
of determining the portion of such Taxes that are Pre-Closing Taxes as follows: Taxes allocable to the portion of the Straddle Period that ends on the Closing Date shall: (i) in the case of Taxes that are based upon or related to income or
receipts, or imposed on a transactional basis, be deemed equal to the amount of Tax that would be payable if the Tax year or period ended on the Closing Date; and (ii) in the case of other Taxes, determined by allocating such Taxes between the
Pre-Closing Tax Period and Post-Closing Tax Period on a per diem basis. For purposes of clause (i) of the preceding sentence, any exemption, deduction, credit or other item that is calculated on an annual basis shall be allocated pro rata per
day between the period ending on the Closing Date and the period beginning after the Closing Date. The parties hereto will, to the extent permitted by applicable Law, elect with the relevant Tax authority to treat a portion of any Straddle Period as
a short taxable period ending as of the close of business on the Closing Date. 
 (b) Following the Closing, the Seller and the
Purchaser will cooperate with each other, as and to the extent reasonably requested by the other, in the preparation of any Tax returns and in the conduct of any audit or other proceeding related to Taxes involving or relating to the Acquired
Entities (which cooperation will include the retention and, upon request, the provision to the requesting party of records and information which are reasonably relevant to the preparation of such Tax return or to the conduct of such audit or other
proceeding and making employees available on a mutually convenient basis to provide additional information and explanation of any material provided hereunder). The Purchaser and the Seller agree (i) to retain all books and records with respect
to Tax matters pertinent to the Acquired Entities relating to any Pre-Closing Date Tax Period, and to abide by all record retention agreements entered into with any Tax authority, and (ii) to give the other party reasonable written notice prior
to destroying or discarding any such books and records and, if the other party so requests, the Purchaser or the Seller, as the case may be, shall allow such other party to take possession of such books and records. The Purchaser will promptly
provide the Seller with written notification in the manner set forth in (and subject to the terms of) Section 11.9 of any notice of any Tax audits or other assessments against any of the Acquired Entities involving any Pre-Closing Tax
Periods.
 (c) The Seller shall control and participate in all proceedings taken in connection with the conduct of any audit or
other administrative or judicial proceeding related to Pre-Closing Taxes for which the Seller is obligated to provide indemnification under this Agreement (other than Taxes relating to a Straddle Period), and the Seller will reasonably consult with
the Purchaser prior to any settlement thereof and will not enter into any such settlement without the Purchaser’s prior written approval (not to be unreasonably withheld, conditioned or delayed) if such settlement could result in an increase in
any Taxes for which the Purchaser is not entitled to indemnification under this Agreement. 

  
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 (d) The Seller and the Purchaser will jointly control and participate in all proceedings
taken in connection with the conduct of any audit or other proceeding related to Taxes of any of the Acquired Entities for any Straddle Period. Neither the Seller nor the Purchaser will settle any assessment or claim made by any Governmental
Authority in any such audit or other proceeding without the prior written consent of the others (which consent will not be unreasonably withheld, conditioned or delayed). 
 Section 7.3 Post-Closing Actions; Refunds. 
 (a) Post-Closing
Actions. The Purchaser shall not, and shall not cause or permit its Affiliates (including the Acquired Entities) to, take any action during any Straddle Period, outside of the ordinary course of business, or make any election, that could
increase the Seller’s liability for Taxes (including any liability of the Seller to indemnify the Purchaser for Taxes pursuant to this Agreement) except in each case as may be required by applicable Law, this Agreement or any other agreement
entered into by an Acquired Entity prior to the Closing (in which case the Purchaser will provide written notice to the Seller of such action or election and the consequences thereof not less than fifteen (15) Business Days prior to taking such
action or making such election). The Purchaser shall not, and shall not cause or permit the Acquired Entities to, amend, re-file or otherwise modify any Tax return for any period that includes, or ends on or prior to, the Closing Date, in each case,
without the Seller’s prior written approval (which shall not be unreasonably withheld, conditioned or delayed). The Purchaser shall not make, and shall cause its Affiliates (including the Acquired Entities) not to make, (i) any election
under Section 338 of the U.S. Internal Revenue Code (the “Code”) (or any comparable election under the Law of any U.S. state or local jurisdiction) with respect to the acquisition of the Acquired Entities without the prior
written consent of the Seller (which the Seller may grant or withhold in its sole and absolute discretion), or (ii) any election provided under U.S. federal, state or local Law with respect to the Acquired Entities (including any election
pursuant to U.S. Treasury Regulation Section 301.7701-3), which election would be effective on or prior to the Closing Date. Notwithstanding the foregoing, the Purchaser shall not, and shall not cause or permit the Acquired Entities to, make
any election under foreign Law that would be effective on or prior to the Closing Date which could increase the Seller’s liability for Taxes (including any liability of the Seller to indemnify the Purchaser for Taxes pursuant to this
Agreement). Following the Closing, the Seller will in good faith cooperate with the Purchaser to the extent reasonably requested by the Purchaser, to determine the consequences of any proposed restructuring of the Purchaser, any of the Acquired
Entities or the financing of any thereof that could have an effect on the Seller during any Straddle Period. 
 (b)
Proceedings. The Purchaser shall control and participate in all proceedings taken in connection with the conduct of any audit or other administrative or judicial proceeding related to Post-Closing Taxes for which the Purchaser is obligated to
provide indemnification under this agreement (other than Taxes relating to a Straddle Period), and the Purchaser will reasonably consult with the Seller prior to any settlement thereof and will not enter into any such settlement without the
Seller’s prior written approval (not to be unreasonably withheld, 

  
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conditioned or delayed) if such settlement could result in an increase in any Taxes of the Seller for which the Seller is not entitled to indemnification under this Agreement. 

(c) Refunds. Any refunds or credits of Taxes paid by, for or on behalf of the Acquired Entities relating to any Pre-Closing Tax
Period (plus any interest actually received with respect thereto and including refunds or credits arising from amended Tax returns filed on or after the Closing Date) shall be for the Seller’s account and, if received by the Purchaser or its
Affiliates (including the Acquired Entities), shall be paid to the Seller within ten (10) Business Days after such receipt by the Purchaser or such Affiliate (including the Acquired Entities); provided, that such refunds or credits of
Taxes shall be for the Seller’s account only if and to the extent that the Tax liability to which the refund or credit relates was paid by an Acquired Entity prior to the Closing Date or paid (or actually indemnified) by the Seller. 

ARTICLE VIII 

CONDITIONS PRECEDENT 
 Section 8.1 Conditions to Each Party’s Obligation to Effect the Transactions. The respective obligations of each party hereto to effect the Transactions shall be subject to the
satisfaction (or waiver, if permissible under applicable Law) on or prior to the Closing Date of the following conditions: 

(a) Governmental Consents. The consents, approvals, orders or authorizations of, or registrations, declarations or filings with,
any Governmental Authority set forth in Section 8.1(a) of the Disclosure Schedule required in connection with the execution, delivery or performance hereof by the parties hereto shall have been made or obtained; and 

(b) No Injunctions or Restraints. No Law, injunction, judgment or ruling enacted, promulgated, issued, entered, amended or
enforced by any Governmental Authority shall be in effect enjoining, restraining, preventing or prohibiting consummation of the Transactions or making the consummation of the Transactions illegal. 

Section 8.2 Conditions to Obligations of the Purchaser. The obligations of the Purchaser to effect the Transactions are
further subject to the satisfaction (or waiver, if permissible under applicable Law) on or prior to the Closing Date of the following conditions: 
 (a) Representations and Warranties. The representations and warranties of the Seller contained in (i) Section 3.4, Section 3.7, Section 4.2, Section 4.11(c) and/or
Section 4.17 shall be true and correct in all respects as of the Closing Date as if made as of the Closing Date (or, if given as of a specific date, at and as of such date) and (ii) except as provided in clause (i) of this
Section 8.2(a), Articles III and IV of this Agreement shall be true and correct as of the Closing Date as if made on and as of the Closing Date (or, if given as of a specific date, at and as of such date), except (as to clause (ii))
(x) for changes permitted by this Agreement or (y) where 

  
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the failure or failures to be so true and correct, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect; 

(b) Performance of Obligations of the Seller. The Seller shall have performed in all material respects all obligations required to
be performed by the Seller under this Agreement at or prior to the Closing Date; 
 (c) Seller’s Certificate. The
Purchaser shall have received a certificate signed on behalf of the Seller by an executive officer of the Seller certifying that the conditions set forth in Sections 8.2(a) and (b) as they relate to the representations, warranties and covenants
of the Seller have been satisfied; 
 (d) Seller Related Party Indebtedness. Any indebtedness of the Seller or any
Affiliate of the Seller with the Acquired Entities shall have been eliminated; and 
 (e) Material Adverse Effect. No
change, event or effect has occurred that has had or could reasonably be expected to have a Material Adverse Effect. 

Section 8.3 Conditions to Obligations of the Seller. The obligations of the Seller to effect the Transactions are further
subject to the satisfaction (or waiver by the Seller, if permissible under applicable Law) on or prior to the Closing Date of the following conditions: 
 (a) Representations and Warranties. The representations and warranties of the Purchaser contained in Article V of this Agreement shall be true and correct as of the Closing Date as if made on and
as of the Closing Date (or, if given as of a specific date, at and as of such date), except where the failure or failures to be so true and correct, individually or in the aggregate, would not reasonably be expected to impair in any material respect
the ability of the Purchaser to perform its obligations under this Agreement or prevent or materially delay consummation of the Transactions; 
 (b) Performance of Obligations of the Purchaser. The Purchaser shall have performed in all material respects all obligations required to be performed by it under this Agreement at or prior to the
Closing Date; 
 (c) Officer’s Certificate. The Seller shall have received a certificate signed on behalf of the
Purchaser by an executive officer of the Purchaser certifying that the conditions set forth in Sections 8.3(a) and (b) have been satisfied; 
 (d) ROFO. Neither the Seller nor any Affiliate of the Seller shall have received an Offer Notice or a written instrument purporting to constitute an Offer Notice under the Option Agreement,
provided, however, this condition shall be deemed satisfied without further action by any party upon a ROFO Expiration; and 

  
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 (e) Concurrent Closing. Purchaser shall concurrently with the Closing consummate a
direct or indirect purchase of all the equity interests of TEMSA and CGESJ from the Seller or an Affiliate of the Seller. 

ARTICLE IX 

TERMINATION 
 Section 9.1 Termination. This Agreement may be terminated and the Transactions abandoned at any time prior to the Closing: 

(a) by the mutual written consent of the Seller and the Purchaser; 

(b) by the Seller or the Purchaser: 

(i) if the Closing Date does not occur on or before the later of (A) ninety (90) days
after the date of this Agreement and (B) sixty (60) days after any ROFO Expiration (the “Walk-Away Date”); provided, however, that the right to terminate this Agreement under this Section 9.1(b)(i) shall
not be available to a party if the failure of the Closing Date to occur on or before the Walk-Away Date was primarily due to the failure of such party to perform any of its obligations under this Agreement; provided, further, that if
as of such date the only condition to the Closing which has not been satisfied or waived is the condition to Closing set forth in Section 8.1(a), then the Walk-Away Date will be extended for ten (10) additional days; provided,
further, that if the Seller exercises its right to deliver a Disclosure Schedule Update, then solely as to the Purchaser, the Walk-Away Date shall be the later of the date specified in this Section 9.1(b)(i) above or the fifth (5th) Business Day after the delivery of such Disclosure Schedule
Update; or 
 (ii) if any order or restraint having the effect set forth in Section 8.1(b) shall be in
effect and shall have become final and non-appealable; 
 (c) by the Purchaser, (i) if the Seller shall have materially
breached any of its representations, warranties, covenants or agreements set forth in this Agreement, which breach (x) would give rise to the failure of a condition set forth in Section 8.2 and (y) cannot be cured by the Seller by the
Walk-Away Date; provided, however, that the Purchaser is not in breach in any material respect of any of its representations, warranties, covenants or agreements contained in this Agreement or (ii) pursuant to the final sentence
of Section 11.12(g). 
 (d) by the Seller, (i) if the Purchaser shall have materially breached any of its
representations, warranties, covenants or agreements set forth in this Agreement, which breach (x) would give rise to the failure of a condition set forth in Section 8.3 and (y) cannot be cured

  
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by the Purchaser by the Walk-Away Date; provided, however, that the Seller is not in breach in any material respect of any of its representations, warranties, covenants or
agreements contained in this Agreement or (ii) immediately prior to the consummation of a direct or indirect sale of all the equity interest of TEMSA or CGESJ to a Person other than the Purchaser. 

Section 9.2 Effect of Termination; Reverse Termination Fee. 

(a) In the event of the termination of this Agreement as provided in Section 9.1, written notice thereof shall be given to the other
party, specifying the provision hereof pursuant to which such termination is made and this Agreement shall forthwith become null and void (other than the last sentence of Section 6.4, the last sentence of Section 6.5(a),
Section 6.5(b), Section 6.7, this Section 9.2 and Article XI) and there shall be no liability on the part of the Purchaser or the Seller or their respective directors, officers and Affiliates, except that, where a party has committed
fraud or intentionally breached this Agreement, nothing shall relieve such party from liability to the non-breaching party for such fraud or intentional breach nor impair the right of any non-breaching party to compel specific performance by such
other party of its obligations under this Agreement. 
 (b) Notwithstanding Section 9.2(a), in the event this Agreement is
terminated by the Seller pursuant to Section 9.1(d)(i), the Seller shall immediately draw down the total amount from the Letter of Credit (the “Reverse Termination Fee”). The Seller’s right to receive the Reverse
Termination Fee from the Purchaser shall be the Seller’s sole remedy in the event of any such termination by the Seller pursuant to Section 9.1(d)(i) and shall be treated as liquidated damages suffered as a result of the failure of the
Transactions to be consummated or as a result of the breach or failure to perform under this Agreement. 
 Section 9.3
Return of Confidential Information. If the transactions contemplated by this Agreement are terminated as provided herein: 
 (a) The Purchaser shall return to the Seller or destroy (such destruction to be certified in writing by an appropriate officer of the Purchaser) all confidential information received by the Purchaser and
its representatives from the Seller, the Acquired Entities or their respective representatives relating to the Seller and the Acquired Entities, whether so obtained before or after the execution hereof; and 

(b) all confidential information received by the Purchaser and its representatives with respect to the Seller and the Acquired Entities
shall be treated in accordance with the Confidentiality Agreement, which shall remain in full force and effect subject to its terms notwithstanding the termination of this Agreement. 

  
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 ARTICLE X 
 INDEMNIFICATION 
 Section 10.1 Indemnification by the Seller.
The Seller will indemnify, defend and hold harmless the Purchaser, each Affiliate of the Purchaser (including, after the Closing, the Acquired Entities) and each of their respective officers, directors, and employees (collectively, the
“Purchaser Group”) from and against and pay or reimburse, as the case may be, the Purchaser Group for, any and all Damages actually paid or suffered by any member of the Purchaser Group based upon or arising out of: 

(a) the breach by the Seller of any of the Seller’s representations and warranties contained in Article III and Article IV;

 (b) the breach by the Seller of any covenant or agreement of the Seller contained in this Agreement on the part of the Seller
to be observed or performed; 
 (c) any Pre-Closing Taxes, provided, however, that the Seller shall not indemnify
and hold harmless the Purchaser Group, from any liability for Pre-Closing Taxes attributable to any action taken after the Closing by the Purchaser, any of its Affiliates (including the Acquired Entities), or any transferee of the Purchaser or any
of its Affiliates (including the Acquired Entities) if such action was taken in breach of Section 7.3(a) (a “Purchaser Tax Act”); or 
 (d) any federal, state, local or foreign taxes, charges, fees, imposts, transaction taxes, levies or other assessments in respect of income and/or gains of the Seller (including income taxes, profit
taxes, capital gains taxes and withholding taxes in respect thereof), and all value added taxes and stamp taxes, if any, imposed in connection with the Restructuring and the sale of the Acquired Company Interests (collectively, the “Seller
Taxes”). 
 Section 10.2 Indemnification by the Purchaser. The Purchaser will indemnify, defend and hold
harmless the Seller, each Affiliate of the Seller and each of their respective officers, directors, and employees (collectively, the “Seller Group”) from and against, and pay or reimburse, as the case may be, the Seller Group for,
any and all Damages actually paid or suffered by any member of the Seller Group based upon or arising out of: 
 (a) the breach
by the Purchaser of any representations and warranties contained in Article V; 
 (b) the breach by the Purchaser of any
covenant or agreement of the Purchaser contained in this Agreement on the part of the Purchaser to be observed or performed; or 

(c) any Post-Closing Taxes or any liability for Pre-Closing Taxes that in each case is attributable to a Purchaser Tax Act. 

  
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 Section 10.3 Indemnification Procedures. 

(a) If any claim or demand is made against an Indemnified Party by a Person not a party hereto (or an Affiliate thereof) with respect to
any matter, by any Person who is not a party to this Agreement (or an Affiliate thereof) which may give rise to a claim for indemnification against an Indemnifying Party under this Agreement (a “Third Party Claim”), then the
Indemnified Party will promptly notify the Indemnifying Party in writing and in reasonable detail of the Third Party Claim, including the factual basis for the Third Party Claim and, to the extent known, the amount of the Third Party Claim;
provided, however, that no delay on the part of the Indemnified Party in notifying the Indemnifying Party will affect the Indemnifying Party’s obligations under this Article X, except to the extent the Indemnifying Party is
actually prejudiced as a result thereof (except that the Indemnifying Party will not be liable for any expenses incurred during the period in which the Indemnified Party failed to give such notice). Thereafter, the Indemnified Party will deliver to
the Indemnifying Party, promptly after the Indemnified Party’s receipt thereof, copies of all non-ministerial notices and documents (including court papers) received or transmitted by the Indemnified Party relating to the Third Party Claim.

 (b) The Indemnifying Party will have the right to participate in or to assume the defense of any Third Party Claim (in either
case at the expense of the Indemnifying Party) with counsel of its choice. The Indemnifying Party will be liable for the reasonable fees and expenses of counsel employed by the Indemnified Party for any period during which the Indemnifying Party has
failed to assume the defense thereof (other than during any period in which the Indemnified Party shall have failed to give notice of the Third Party Claim as provided above). Should the Indemnifying Party so elect to assume the defense of a Third
Party Claim, the Indemnifying Party will not be liable to the Indemnified Party for any legal or other expenses subsequently incurred by the Indemnified Party in connection with the defense thereof. If the Indemnifying Party is conducting the
defense of the Third Party Claim the Indemnified Party, at its sole cost and expense, may retain separate counsel and participate in the defense of the Third Party Claim, it being understood that the Indemnifying Party will control such defense and
any such counsel shall cooperate with the legal counsel of the Indemnifying Party. 
 (c) No Indemnifying Party will consent to
any settlement, compromise or discharge (including the consent to entry of any judgment) of any Third Party Claim without each Indemnified Party’s prior written consent (which consent will not be unreasonably withheld, conditioned or delayed);
provided that if the Indemnifying Party assumes the defense of any Third Party Claim, the Indemnified Party will agree to any settlement, compromise or discharge of such Third Party Claim which the Indemnifying Party may recommend and which by its
terms unconditionally releases the Indemnified Party and each member of such Indemnified Party’s Group completely from all liability in connection with such Third Party Claim; provided, however, that the Indemnified Party may
refuse to agree to any such settlement, compromise or discharge that provides for injunctive or other nonmonetary relief affecting the Indemnified Party or any member of such Indemnified Party’s Group. Whether or not the

  
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Indemnifying Party shall have assumed the defense of a Third Party Claim, the Indemnified Party will not and will cause its Affiliates not to, admit any liability, consent to the entry of any
judgment or agree to any settlement, compromise or discharge with respect to any Third Party Claim without the prior written consent of the Indemnifying Party. 
 (d) If the Indemnifying Party assumes the defense of any Third Party Claim, the Indemnifying Party will keep the Indemnified Party reasonably informed of all material developments relating to or in
connection with such Third Party Claim. If the Indemnifying Party chooses to defend a Third Party Claim, the Indemnified Party will cooperate in the defense thereof, which cooperation will include the provision to the Indemnifying Party of records
and information which are reasonably relevant to such Third Party Claim and making employees available on a mutually convenient basis to provide additional information and explanation of any material provided hereunder. 

(e) Any claim on account of Damages for which indemnification is provided under this Agreement that does not involve a Third Party Claim
will be asserted by reasonably prompt written notice given by the Indemnified Party to the Indemnifying Party from whom such indemnification is sought. The notice shall set forth the amount, if known, or, if not known, an estimate of the foreseeable
maximum amount, of claimed Damages and a description of the basis for such claim. The delay by any Indemnified Party to so notify the Indemnifying Party will not affect the Indemnifying Party’s obligations under this Article X, except to the
extent that the Indemnifying Party is actually prejudiced as a result thereof. 
 (f) In connection with any matter for which a
claim or demand is made against an Indemnified Party under this Agreement, the Indemnified Party shall use commercially reasonable efforts to provide the Indemnifying Party with reasonable and necessary access to all documents, data, products,
product exemplars and knowledgeable personnel of the Indemnified Party and its Affiliates relevant to any such matter, in each case at the Indemnified Party’s cost and expense. Without limiting the generality of the foregoing, the Indemnified
Party shall, at its own cost and expense, use commercially reasonable efforts to, and shall use commercially reasonable efforts to cause its Affiliates to, provide employees to act as witnesses, prepare and execute statements, authorizations,
orders, reports and other documents and information and provide such other assistance, in each case that is reasonably requested by the Indemnifying Party in connection with any matter for which a claim or demand is made against an Indemnified Party
under this Agreement, including in anticipation of, or preparation for, existing or future litigation or other matters in which the Indemnifying Party or any of its Affiliates is involved. 

(g) In the event of payment in full by an Indemnifying Party to any Indemnified Party in connection with any claim (an
“Indemnified Claim”), such Indemnifying Party will be subrogated to and will stand in the place of such Indemnified Party as to any events or circumstances in respect of which such Indemnified Party may have any right or claim
relating to such Indemnified Claim against any claimant or plaintiff asserting such Indemnified Claim or against any other Person. Such Indemnified Party will cooperate with such Indemnifying Party

  
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in a reasonable manner in prosecuting any subrogated right or claim. Each such Indemnified Party and Indemnifying Party will duly execute upon request all instruments reasonably necessary to
evidence and perfect the above described subrogation rights. 
 Section 10.4 Certain Limitations. 

(a) The amount which an Indemnifying Party is or may be required to pay to an Indemnified Party in respect of Damages for which
indemnification is provided under this Agreement will be reduced by any amounts actually received (including amounts received under insurance policies) by or on behalf of the Indemnified Party from third parties (net of out-of-pocket costs and
expenses (including reasonable legal fees and expenses) incurred by such Indemnified Party in connection with seeking to collect and collecting such amounts), in respect of such Damages (such net amounts are referred to herein as “Indemnity
Reduction Amounts”). If any Indemnified Party receives any Indemnity Reduction Amounts in respect of an Indemnified Claim for which indemnification is provided under this Agreement after the full amount of such Indemnified Claim has been
paid by an Indemnifying Party or after an Indemnifying Party has made a partial payment of such Indemnified Claim and such Indemnity Reduction Amounts exceed the remaining unpaid balance of such Indemnified Claim, then the Indemnified Party will
promptly remit to the Indemnifying Party an amount equal to the excess (if any) of (i) the amount theretofore paid by the Indemnifying Party in respect of such Indemnified Claim, less (ii) the amount of the indemnity payment that would
have been due if such Indemnity Reduction Amounts in respect thereof had been received before the indemnity payment was made. An insurer or other third party who would otherwise be obligated to pay any claim shall not be relieved of the
responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled
to any benefit they would not be entitled to receive in the absence of the indemnification provisions by virtue of the indemnification provisions hereof. The Seller and the Purchaser will use commercially reasonable efforts to mitigate the amount of
Damages for which indemnification is provided under this Agreement. 
 (b) The amount of Damages for which indemnification is
provided under this Agreement will reduced to take account of any Tax benefit actually realized by the Indemnified Party arising from the incurrence or payment of any such Damages. 

(c) Anything contained in this Agreement to the contrary notwithstanding, the Seller will not have any obligation to indemnify any member
of the Purchaser Group with respect to any matter if the Damages arise from a change in the accounting or Tax policies or practices of any of the Acquired Entities after the Closing Date. 

(d) Anything contained in this Agreement to the contrary notwithstanding, excluding a party’s breach of its confidentiality
obligations, no member of the Seller Group and no member of the Purchaser Group will be entitled to any recovery under this Agreement for 

  
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special, punitive, exemplary, incidental, indirect, or consequential damages, lost profits or diminution in value. No Damages shall be determined or increased based on any multiple of any
financial measure (including earnings, sales or other benchmarks) that might have been used by the Purchaser in the valuation of the Acquired Company Interests, the Acquired Entities, or their respective businesses and operations. 

(e) No Indemnified Party shall be entitled to indemnification under this Article X for any breach of a representation or warranty
hereunder if (1) such Indemnified Party had actual knowledge of such breach on or before Closing and (2) the Indemnifying Party did not have actual knowledge of such breach (or the facts giving rise to such breach) on or before the
Closing. Solely for purposes of this Section 10.4(e) “actual knowledge” as it relates to (i) the Purchaser shall mean the actual knowledge of Luis Kafie, Luis Jose Kafie and Christopher Kafie and (ii) the Seller shall mean
with respect to the Operaciones, the actual knowledge of Victor Urrutia, Operations VP and General Manager, Ana Karina Mendizabal, Financial Manager and Rafael Navajas, Commercial Manager, and with respect to Services and Tasajero, the actual
knowledge of Terry Schramm, Assistant Controller of TECO Guatemala, Inc. 
 (f) In addition to the limitations set forth in this
Section 10.4 and Section 10.6, with respect to any claim for indemnification regarding any breach of the representation and warranty set forth in Section 4.10 there shall be no obligation to indemnify any member of the Purchaser Group
for any Damages (i) unless the Damages arise out of (A) a Third Party Claim that is not intentionally instigated or encouraged by any member of the Purchaser Group, or (B) a condition discovered in the ordinary course of business, and
then (ii) only to the extent such Damages were incurred to comply with applicable Environmental Laws using, in the case of any remedial measures taken by or on behalf of the Purchaser (including the Acquired Entities) after the Closing,
reasonable and recognized remediation protocols and techniques that are economically reasonable in relation to other reasonable and recognized remediation protocols and techniques; provided, however, that there shall be no liability
for any such Damages to the extent that any member of the Purchaser Group or any other Person after Closing contributed to the condition or circumstance forming the basis of such Damages. 

(g) Any Damages for which any member of the Purchaser Group is entitled to indemnification under Section 10.1 shall be determined
without duplication of recovery by reason of the state of facts giving rise to such Damages constituting a breach of more than one representation and warranty or covenant. 
 Section 10.5 Termination of Indemnification Obligations. 
 (a) Each and
every representation and warranty of the Seller or the Purchaser contained in Articles III, IV and V will survive the Closing Date solely for purposes of Sections 10.1(a) and 10.2(a), as applicable, until (and will expire and be of no further force
or effect after) the eighteen (18) month anniversary of the Closing Date; provided, however, that the representations and warranties contained in Sections 3.4, 4.2 and 4.11(c) shall survive until (and

  
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will expire and be of no further force or effect after) the sixth anniversary of the Closing Date. Each other representation and warranty made by any party contained in or made pursuant to this
Agreement or contained in or made pursuant to any closing certificate or other instrument or agreement delivered by any party pursuant to this Agreement will not survive (and will expire at) the Closing and shall thereafter be of no further force or
effect and no party will have any obligation to provide indemnification or other liability in respect thereof. 
 (b) The
obligations of each party to indemnify, defend and hold harmless the applicable Persons (i) pursuant to Sections 10.1(a) and 10.2(a) will terminate when the applicable representation or warranty expires pursuant to Section 10.5(a) and
(ii) pursuant to Sections 10.1(b) and 10.2(b) will terminate eighteen (18 months from the date of this Agreement and (iii) pursuant to Sections 10.1(c), 10.1(d) and 10.2(c) will terminate on the date that the applicable statute of
limitations relating to any Pre-Closing Taxes, Post-Closing Taxes, or Seller Taxes, as applicable expire; provided, however, that as to clauses (i), (ii) and (iii) above, such obligations to indemnify, defend and hold
harmless will not terminate with respect to any individual item as to which an Indemnified Party shall have, before the expiration of the applicable period, previously made a claim by delivering a notice (stating in reasonable detail the basis of
such claim) to the applicable Indemnifying Party and such obligation will continue until the resolution of such claim. 

Section 10.6 Dollar Limitations. 
 (a) Anything contained in this Agreement to the contrary notwithstanding, in no event will the aggregate amount for which the Seller collectively shall be responsible to indemnify the Purchaser Group for
all claims under Sections 10.1(a) or 10.1(b) (other than with respect to the Seller’s representations and warranties contained in Sections 3.4, 4.2 and 4.11(c)) exceed, and the Seller’s collective aggregate liability under
Sections 10.1(a) or 10.1(b) (other than with respect to the Seller’s representations and warranties contained in Sections 3.4, 4.2 and 4.11(c)) shall be limited to, an amount equal to fifteen percent (15%) of the Purchase Price (the
“Cap”). In no event will the collective aggregate amount for which the Seller shall be responsible to indemnify the Purchaser Group for all claims under Sections 10.1(a) with respect to the representations and warranties
contained in Sections 3.4, 4.2 and 4.11(c) exceed the Purchase Price; provided, however, that in no event will the aggregate amount for which the Seller collectively shall be responsible to indemnify the Purchaser Group for all claims
under Sections 10.1(a) or 10.1(b) exceed the Purchase Price. Notwithstanding any other provision of this Agreement to the contrary, the Seller’s liability relating to the Seller Taxes shall not be subject to any Cap or Basket or Purchase
Price limit otherwise provided for herein. 
 (b) Anything contained in this Agreement to the contrary notwithstanding, no
monetary amount will be payable by the Seller to any member of the Purchaser Group with respect to the indemnification of any claims pursuant to Section 10.1 until the aggregate amount of Damages actually incurred by the Purchaser Group with
respect to such claims against the Seller shall exceed on a cumulative basis an amount equal to U.S.$1,000,000 of the Purchase 

  
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Price (the “Basket”), in which event the Seller shall be responsible for the full amount of the damages (i.e. not just the amount in excess of the Basket). In addition, the
Seller will not be responsible for making payments with respect to Damages for any individual unrelated items pursuant to Section 10.1 where the aggregate Damages relating thereto are less than U.S.$100,000 and such items shall not be
aggregated for purposes of determining whether aggregate Damages incurred by the Purchaser Group exceed the Basket. In connection with any claim for indemnification under Section 10.1, the Purchaser and the other members of the Purchaser Group
will promptly provide the Seller with written notice of all claims included in the Basket and copies of all documents reasonably requested by the Seller relating thereto. The limitations of this Section 10.6(b) shall not apply to claims with
respect to the Seller’s representations and warranties contained in Sections 3.4, 4.2 and 4.11(c). 
 Section 10.7
Exclusive Remedy. To the fullest extent permitted by applicable Law, the indemnification provided in this Article X and specific performance pursuant to Section 11.13 shall be the sole and exclusive remedy available to each party and
their respective Affiliates and each member of the Seller Group and the Purchaser Group for breaches of any of the terms, conditions, representations, warranties, covenants or agreements contained in this Agreement or for any other claims relating
to the subject matter of this Agreement and shall preclude assertion by members of the Seller Group or the Purchaser Group of any other rights, claims or causes of action or the seeking of any other remedies, whether in contract, tort, strict
liability, under Law (including statutory or common law) or otherwise, against the Purchaser (or any of its Affiliates) or against the Seller (or any of its Affiliates), with respect to breaches of any of the terms, conditions, representations,
warranties, covenants or agreements contained in this Agreement or for any other claims relating to the subject matter of this Agreement, all of which the Purchaser (on behalf of itself and the other members of the Purchaser Group) and the Seller
(on behalf of itself and the other members of the Seller Group) hereby waives. 
 ARTICLE XI 

MISCELLANEOUS 
 Section 11.1 No Other Representations or Warranties. 
 (a) The parties
acknowledge and agree that except for the representations and warranties made by the Seller in Articles III and IV hereof, the Seller does not (nor any Person on behalf of the Seller) make any representation or warranty, express or implied, at Law
or in equity, with respect to the Acquired Entities, or their respective businesses, operations, assets, liabilities, condition (financial or otherwise), prospects (financial or otherwise) or risks, including with respect to merchantability or
fitness for any particular purpose, or with respect to any financial projections or forecasts, notwithstanding the delivery or disclosure to the Purchaser or any of its Affiliates or representatives of any documentation, forecasts or other
information with respect to any one or more of the foregoing. Without limiting the generality of the foregoing, the Seller shall not have made, or shall not be deemed to have made, any 

  
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representations or warranties in the Confidential Information Memorandum dated October 2011 (the “Information Memorandum”), in the management presentations relating to the
Acquired Entities presented to the Purchaser on December 15, 2011 and January 12, 2012 or in any presentation of the Acquired Entities in connection with the Transactions, or in any other written materials delivered to the Purchaser in
connection with any other such presentation (collectively, the “Offering Materials and Presentations”), and no statement contained in the Offering Materials and Presentations shall be deemed a representation or warranty hereunder or
otherwise. Except as otherwise expressly provided herein, the Acquired Entities are being transferred “as is, where is and with all faults”. Any claims the Purchaser may have for breach of representation or warranty in connection with the
Transactions shall be based solely on the representations and warranties set forth in Articles III and IV and any such other representations and warranties are hereby disclaimed. The parties further acknowledge and agree that the Seller has not made
(nor any Person on behalf of the Seller) any representation or warranty, express or implied, at Law or in equity, as to the accuracy or completeness of any information regarding the Acquired Entities or the Transactions not expressly set forth in
this Agreement, and neither the Seller, nor any of its Affiliates, or any other Person will have or be subject to any liability to the Purchaser, any of its representatives or any other Person resulting from the distribution to the Purchaser or its
representatives or the Purchaser’s use of any such information, including any document or information in any form provided to the Purchaser or its representatives in connection with the Transactions. 

(b) With respect to any projection or forecast delivered by or on behalf of the Seller, any Acquired Entity, or any of their respective
representatives to the Purchaser or any of its representatives, the Purchaser acknowledges that (i) there are uncertainties inherent in attempting to make such projections and forecasts, (ii) the Purchaser is familiar with such
uncertainties, (iii) the Purchaser is taking full responsibility for making its own evaluation of the adequacy and accuracy of all such projections and forecasts so delivered and (iv) none of the Purchaser or its representatives or any
other Person shall have any claim against the Seller or any of its representatives or any other Person with respect thereto. The Purchaser further acknowledges that it has expertise in the businesses of the Acquired Entities and understands the
risks and uncertainties in connection with such businesses. 
 Section 11.2 Amendment or Supplement. This Agreement
may be modified, altered, amended or supplemented in any and all respects, by written agreement of each of the parties hereto. 

Section 11.3 Extension of Time, Waiver, Etc. At any time prior to the Closing Date, any party may, subject to applicable Law,
(a) waive any inaccuracies in the representations and warranties of the other party hereto, (b) extend the time for the performance of any of the obligations or acts of the other party hereto or (c) waive compliance by the other party
with any of the agreements contained herein or, except as otherwise provided herein, waive any of such party’s conditions. Notwithstanding the foregoing, no failure or delay by the Seller or the Purchaser in exercising any right hereunder shall
operate as a waiver thereof nor shall any single 

  
 44 

 
or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right hereunder. Any agreement on the part of a party hereto to any such extension or
waiver shall be valid only if set forth in an instrument in writing signed on behalf of such party. 
 Section 11.4
Assignment. Neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned, in whole or in part, (including by operation of Law in connection with a merger, consolidation, sale of all or substantially all
of a party’s assets or otherwise) by any party without the prior written consent of the other party. Notwithstanding the assignment of this Agreement pursuant to the provisions stated hereinabove, it is understood and agreed that the assignor
shall remain responsible for its obligations under this Agreement. Subject to the preceding sentences, this Agreement shall be binding upon, inure to the benefit of and be enforceable by, the parties hereto and their respective successors and
permitted assigns. Any purported assignment not permitted under this Section 11.4 shall be null and void. 

Section 11.5 Counterparts. This Agreement may be executed in counterparts (each of which shall be deemed to be an original
but all of which taken together shall constitute one and the same agreement) and shall become effective when one or more counterparts have been signed by each party and delivered to the other party. This Agreement may be executed by facsimile
signature or by other electronic means, such as portable document format (.pdf) file, which shall constitute a legal and valid signature for purposes hereof. 
 Section 11.6 Entire Agreement; No Third-Party Beneficiaries. This Agreement, including the Disclosure Schedule, the exhibits hereto and the Confidentiality Agreement (a) constitute the
entire agreement and supersede and cancel all other prior agreements, negotiations, correspondence, undertakings, communications and understandings, both written and oral, among the parties with respect to the subject matter hereof and thereof,
including the Offering Materials and Presentations and (b) except for the provisions of Section 6.8 with respect to the Indemnified Directors and Article X with respect to members of the Seller Group and the Purchaser Group, are not
intended to and shall not be construed to confer upon any Person, other than the parties hereto any rights, benefits, privileges or remedies under or by reason of this Agreement. 

Section 11.7 Governing Law. This Agreement, including its formation, validity, performance, termination or enforcement, and
the parties’ relationship in connection therewith, together with any related claims whether sounding in contract, tort or otherwise, shall be governed by and interpreted under the Laws of the State of New York (without regard to its principles
of conflicts of Laws which would result in the application of the Laws of another jurisdiction). 
 Section 11.8 Consent
to Jurisdiction; Waiver. 
 (a) The parties hereto hereby irrevocably submit to the exclusive jurisdiction of any federal or
state court located in Miami, Florida for any action, dispute, suit or proceeding 

  
 45 

 
arising out of or relating to this Agreement (and the parties agree not to commence any action, suit or proceeding relating thereto except in such court). The parties hereby irrevocably and
unconditionally waive, to the fullest extent permitted by applicable Law, any objection which they may now or hereafter have to the laying of venue of any such action, dispute, suit or proceeding arising out of or relating to this Agreement in such
court, the lack of jurisdiction of such court or any defense of inconvenient forum for the maintenance of such action, dispute, suit or proceeding. Each party hereto agrees that a judgment in any such action, dispute, suit or proceeding may be
enforced in other jurisdictions by suit on the judgment or in any other manner provided by Law. 
 (b) Each party hereto hereby
consents to process being served by any party to this Agreement in any suit, action or proceeding by the delivery of a copy thereof in accordance with the provisions of Section 11.9. 

(c) Each party to this Agreement waives, to the fullest extent permitted by applicable Law, any right it may have to a trial by jury in
respect to any action, dispute, suit or proceeding directly or indirectly arising out of, under or in connection with this Agreement or any transaction contemplated in this Agreement. Each party (a) certifies that no representative, agent or
attorney of the other party has represented, expressly or otherwise, that such other party would seek to avoid that foregoing waiver in the event of any action, dispute, suit or proceeding and (b) acknowledges that it and the other party hereto
have been induced to enter into this Agreement, by, among other things, the mutual waivers and certifications in this Section 11.8. 
 Section 11.9 Notices. All notices, requests and other communications to any party hereunder shall be in writing and shall be deemed given if sent by hand delivery, facsimile, or air courier to
the parties at the following addresses: 
 If to the Purchaser, to: 

Renewable Energy Investments Guatemala Limited (REIN) 
 Edificio Comercial Los Proceres #3917 
 Final Avenida Los Proceres 

Tegucigalpa, Honduras, Central America 
 Attention: Luis Jose Kafie 
 Email: luisjose.kafie@lufussa.com with copy to
lkafie@hotmail.com 
 Facsimile: (504) 2236-7322 
 Mobile: (504) 9991-0443 
 with a copy (which shall not constitute notice) to:

 Renewable Energy Investments Guatemala Limited (REIN) 

Edificio Comercial Los Proceres #3917 
 Final Avenida Los Proceres 

  
 46 

 
Tegucigalpa, Honduras, Central America 
 Attention: Luis Kafie

 Email: luis.kafie@lufussa.com 
 Facsimile: (504) 2236-7322 
 Mobile: (504) 9990-1796 

If to the Seller, to: 
 TECO Energy, Inc. 
 702 N. Franklin Street 

Tampa, FL 33602 

Attention: General Counsel 
 Facsimile: (813) 228-4013 
 with a copy (which shall not constitute notice)
to: 
 Holland & Knight LLP 
 701 Brickell Avenue, Suite 3000 
 Miami, FL 33131 

Attention: Rodney H. Bell, Esq. 
 Facsimile: (305) 305-789-7799 
 or such other address or facsimile number as such party may
hereafter specify by like notice to the other party hereto. All such notices, requests and other communications shall be deemed received (a) at the time personally delivered, if delivered by hand with receipt acknowledged, (b) at the time
received, if sent by air courier and (c) upon issuance by the transmitting machine of a confirmation slip that the number of pages constituting the notice has been transmitted without error, if sent by facsimile. 

Section 11.10 Severability. If any term or other provision of this Agreement is determined by a court of competent
jurisdiction to be invalid, illegal or incapable of being enforced by any rule of Law or public policy, all other terms, provisions and conditions of this Agreement shall nevertheless remain in full force and effect. Upon such determination that any
term or other provision is invalid, illegal or incapable of being enforced, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible to the fullest extent
permitted by applicable Law in an acceptable manner to the end that the Transactions are fulfilled to the extent possible. 

Section 11.11 Definitions. 
 (a) As used in this Agreement, the following terms have the meanings ascribed thereto below: 

  
 47 

 “Acquired Company Interests” shall have the meaning set forth in
Section 1.1. 
 “Acquired Entities” or “Acquired Entity” shall mean Services, Tasajero
and Operaciones. 
 “Acquired Subsidiary Interests” means (a) one hundred percent (100%) of the
equity interests held by Services directly in Tasajero and (b) one hundred percent (100%) of the equity interests held by Services directly (and indirectly, through Tasajero) in Operaciones. 

“Acquisition Transaction” shall mean any merger, liquidation, recapitalization, consolidation or other business
combination directly or indirectly involving any Acquired Entity or the direct or indirect acquisition of any capital stock or other securities of any Acquired Entity, or any substantial portion of the assets of any Acquired Entity, or any
combination of the foregoing (excluding the transactions contemplated hereby). 
 “Affiliate” shall mean, as to
any Person, any other Person that, directly or indirectly, controls, or is controlled by, or is under common control with, such Person. For this purpose, “control” (including, with its correlative meanings, “controlled by” and
“under common control with”) shall mean the possession, directly or indirectly, of the power to direct or cause the direction of management or policies of a Person, whether through the ownership of securities or partnership or other
ownership interests, by contract or otherwise. 
 “Agreement” shall mean this Equity Purchase Agreement, as
amended from time to time. 
 “Antitrust Laws” shall have the meaning set forth in Section 6.3(a).

 “Bankruptcy and Equity Exception” shall have the meaning set forth in Section 3.2. 

“Basket” shall have the meaning set forth in Section 10.6(b). 

“Business Day” shall mean a day except (i) a Saturday, a Sunday or (ii) any other day on which banks in the
City of New York are authorized or required by Law to be closed. 
 “CAFTA Claim” shall mean all claims,
defenses and rights of offset or counterclaim (at any time or in any manner arising or existing, whether choate or inchoate, known or unknown, contingent or non-contingent) of the Seller and its Affiliates related to or arising out of the events
giving rise to that certain arbitration proceeding captioned TECO Guatemala Holdings, LLC v. Republic of Guatemala (ICSID Case No. ARB/10/23) and the underlying matter. 
 “Cap” shall have the meaning set forth in Section 10.6(a). 

  
 48 

 “CGESJ” shall mean Central Generadora Eléctrica San José,
Ltda., a sociedad de responsabilidad limitada organized under the Laws of Guatemala. 
 “Closing” shall
have the meaning set forth in Section 2.3(a). 
 “Closing Date” shall have the meaning set forth in
Section 2.3(a). 
 “Code” shall have the meaning set forth in Section 7.3(a). 

“Commitment Letters” shall have the meaning set forth in Section 5.5. 

“Company Charter Documents” shall have the meaning set forth in Section 4.1. 

“Company Employees” shall have the meaning set forth in Section 6.2(a). 

“Confidentiality Agreement” shall mean that certain letter agreement dated October 6, 2011 between the Purchaser
and TECO Guatemala, Inc. 
 “Contract” shall mean any loan or credit agreement, debenture, note, bond,
mortgage, indenture, deed of trust, lease, contract or other agreement. 
 “Damages” shall mean losses,
liabilities, claims, damages, fines, fees, penalties, payments, demands, judgments, settlements, costs and expenses (including reasonable costs and expenses of actions, suits, arbitrations or proceedings, amounts paid in connection with any
assessments, judgments or settlements relating thereto, interest and penalties recovered by a third party with respect thereto and out-of-pocket expenses and reasonable attorneys’, accountants’ and other experts’ fees and expenses
incurred in defending against any such actions, suits, arbitrations or proceedings or in enforcing an Indemnified Party’s rights hereunder). 
 “Disclosure Schedule” shall have the meaning set forth in the preamble to Article III. 
 “Environmental Law” shall mean any applicable Law relating to (i) the protection of the environment (including air, water, soil and natural reserves, or (ii) the use, storage,
handling, release or disposal of Hazardous Substances, in each case as in effect on the date of this Agreement. 

“Force Majeure Event” shall mean any events beyond the reasonable control of a Person, including acts of God such as
severe adverse weather conditions, earthquakes, floods, hurricanes, tornados or other natural disasters; acts of governmental authority; pandemics; acts of the public enemy or due to terrorism; war (whether declared or undeclared); riot; civil
commotion; insurrection; malicious damage; strike; and changes in general political or social conditions, including sabotage, political unrest, change in government, military action or any escalation thereof. 

  
 49 

 “Financial Statements” shall have the meaning set forth in
Section 4.4(b). 
 “Financial Statements (Operaciones)” shall have the meaning set forth in
Section 4.4(a)(i). 
 “Financial Statements (Services and Tasajero)” shall have the meaning set forth in
Section 4.4(a)(ii). 
 “Financing” shall have the meaning set forth in Section 6.14. 

“Governmental Authority” shall mean any government, court, regulatory or administrative agency, commission or authority
or other governmental instrumentality, federal, state or local, domestic, foreign or multinational. 
 “Guatemalan
GAAP” means generally accepted principles used by professional accountants in the Republic of Guatemala. 

“Hazardous Substance” shall mean any substance to the extent presently listed, defined, designated or classified as
hazardous, toxic or radioactive under any applicable Environmental Law, including petroleum and any derivative or by-products thereof. 
 “Indemnified Claim” shall have the meaning set forth in Section 10.3(g). 
 “Indemnified Director” or “Indemnified Directors” shall have the meaning set forth in Section 6.8(b). 

“Indemnified Party” shall mean any member of the Seller Group or the Purchaser Group who or which may seek
indemnification under this Agreement. 
 “Indemnifying Party” shall mean a party against whom indemnification
may be sought under this Agreement. 
 “Indemnity Reduction Amount” shall have the meaning set forth in
Section 10.4(a). 
 “Information Memorandum” shall have the meaning set forth in Section 11.1(a).

 “International” shall mean TPS San José International, Inc., an exempted company formed under the
Laws of the Cayman Islands. 
 “IP Rights” shall have the meaning set forth in Section 4.12(a).

 “July Financial Statements (Operaciones)” shall have the meaning set forth in Section 4.4(a)(i).

  
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 “July Financial Statements (Services and Tasajero)” shall have the meaning
set forth in Section 4.4(a)(ii). 
 “Knowledge” with respect to the Seller, as used in Article IV hereof,
shall mean the actual knowledge (without any duty to undertake any investigation concerning any matter), as of the date of this Agreement, of (i) with respect to the Operaciones, Victor Urrutia, Operations VP and General Manager, Ana Karina
Mendizabal, Financial Manager and Rafael Navajas, Commercial Manager and (ii) with respect to Services and Tasajero, Terry Schramm, Assistant Controller of TECO Guatemala, Inc., and in no event shall Knowledge include any constructive or
imputed knowledge of the Seller or any of its Affiliates (including the Acquired Entities) or any of their respective directors, officers, employees, partners, managers, members or other representatives. 

“Laws” shall have the meaning set forth in Section 4.8. 

“Letter of Credit” shall have the meaning set forth in Section 2.1. 

“Liens” shall mean all charges, claims, mortgages, liens, pledges, security interests or encumbrances. 

“Management Financial Statements (Operaciones)” shall have the meaning set forth in Section 4.4(c). 

“Material Adverse Effect” shall mean a material adverse effect on the business, financial condition, assets, or
operations of the Acquired Entities, taken as a whole, except for any such effect resulting from or arising out of or in connection with: 
 (a) the public announcement of this Agreement; 
 (b) the Transactions or any
actions taken pursuant to or in accordance with this Agreement; 
 (c) changes in, or events or conditions affecting, any
industry or market in which any of the Acquired Entities operate, provided that such changes do not disproportionately affect the Acquired Entities in any material respect relative to other entities operating in such industry or market; 

(d) changes in, or events or conditions affecting, Guatemala or the global economy or capital or financial markets generally, including,
changes in interest rates, the availability of financing or the insolvency of any government, provided that such changes do not disproportionately affect the Acquired Entities in any material respect relative to other entities operating businesses
similar to the Acquired Entities; 

  
 51 

 (e) changes in applicable Law or the interpretations thereof by any Governmental Authority;

 (f) changes in applicable accounting principles; 
 (g) Force Majeure Events; 
 (h) currency exchange rates or any fluctuations
thereof; 
 (i) the taking of any action by the Seller or the Acquired Entities with the prior consent of the Purchaser; or

 (j) the failure of the Acquired Entities to meet internal projections or forecasts or revenue or earnings predictions for any
period ending on or after the date hereof. 
 Notwithstanding the foregoing clauses (a) through (j), the following shall constitute
Material Adverse Effect: 
 (i) any casualty loss to the Real Property and/or associated Structures
(collectively, the “Facility Assets”) after the date hereof and prior to the Closing Date if (x) the restoration of such Facility Assets to a condition reasonably comparable to their prior condition has not been substantially
completed before the Closing Date, or (y) the cost of restoring such Facility Assets to a condition reasonably comparable to their prior condition could reasonably be expected to cost in excess of twenty five percent (25%) of the Purchase
Price; and 
 (ii) the condemnation of any portion of the Facility Assets if (x) the proceeds of such
condemnation have not been assigned to the Purchaser at or prior to the Closing, (y) the value of the Facility Assets condemned (including any lost profits as a result of such condemnation) could be reasonably expected to exceed the
condemnation proceeds assigned to the Purchaser, or (z) the value of the Facility Assets condemned (including any lost profits as a result of such condemnation) could reasonably be expected to exceed twenty five percent (25%) of the
Purchase Price. 
 “Material Contracts” shall have the meaning set forth in Section 4.13(a). 

“Offer Notice” shall mean the written notice of C.F. Financeco, Ltd. (or any of its successors or assigns) electing to
purchase the direct or indirect equity interests of TEMSA or CGESJ in accordance with Section 4(a) of the Option Agreement. 
 “Offering Materials and Presentations” shall have the meaning set forth in Section 11.1(a). 

  
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 “Operaciones” shall have the meaning set forth in the Recitals. 

“Option Agreement” means the Amended and Restated Option Agreement dated as of January 16, 2006, as further amended
to date by and among Power, Palm Import and Export Corporation, a British Virgin Island company, Services, International, and C.F. Financeco, Ltd. 
 “Owned Real Property” shall have the meaning set forth in Section 4.11(a). 
 “Permits” shall have the meaning set forth in Section 4.8. 

“Permitted Liens” shall mean (a) Liens for Taxes not yet due and payable, (b) Liens of carriers, warehousemen,
mechanics, materialmen and repairmen incurred in the ordinary course of business consistent with past practice and not yet delinquent, (c) with respect to the Owned Real Property, (i) any conditions shown by a current, accurate survey,
(ii) easements, encroachments, restrictions, rights of way and any other non-monetary encumbrances which, individually or collectively, do not (A) make title to the Owned Real Property unmarketable as defined by applicable title standards,
and/or (B) materially interfere with or otherwise impair the Acquired Entities access to, use of, or operations from any of the Owned Real Property, (iii) the effect of zoning, building codes and other similar land use ordinances, codes,
and regulations that apply to real property generally, (iv) leases, subleases, licenses, and similar rental contracts listed on Section 4.11(b) of the Disclosure Schedule, and (v) covenants, conditions and restrictions of record,
which, individually or collectively, do not (X) make title to the Owned Real Property unmarketable as defined by applicable title standards, and/or (Y) materially interfere with or otherwise impair the Acquired Entities access to, use of,
or operations from any of the Owned Real Property, and (d) Liens reflected on the Financial Statements. 

“Person” shall mean an individual, a corporation, a limited liability company, a partnership, an association, a trust or
any other entity, including a Governmental Authority. 
 “Post-Closing Taxes” means any Taxes of or payable by
any of the Acquired Entities with respect to a Post-Closing Tax Period. 
 “Post-Closing Tax Period” means any
Tax period (or portion of any Straddle Period) beginning after the Closing Date. 
 “Power” shall mean San
José Power Holding Company Ltd., an exempted company formed under the Laws of the Cayman Islands. 
 “Pre-Closing
Taxes” means any Taxes of or payable by any of the Acquired Entities with respect to a Pre-Closing Tax Period. 

“Pre-Closing Tax Period” means any Tax period (or portion of any Straddle Period) ending on or before the Closing Date.

  
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 “Purchase Price” shall have the meaning set forth in Section 2.1.

 “Purchaser” shall have the meaning set forth in the Preamble. 

“Purchaser Group” shall have the meaning set forth in Section 10.1. 

“Purchaser Tax Act” shall have the meaning set forth in Section 10.1(c). 

“Restructuring” means the formation of the Seller and the corporate reorganization of the ownership structure of the
Acquired Companies undertaken by the Seller and its shareholder prior to the Closing. 
 “Reverse Termination
Fee” shall have the meaning set forth in Section 9.2(b). 
 “ROFO Expiration” means the earlier
of (i) if an Offer Notice has not been delivered within the time period specified in Section 4(a) of the Option Agreement, the day after such specified time period, and (ii) if an Offer Notice has been delivered, the day C.F.
Financeco, Ltd.’s (or any of its successors or assigns) rights to consummate the transaction contemplated in such Offer Notice have irrevocably expired or otherwise terminated pursuant to Section 4(a) of Option Agreement. 

“Seller” shall have the meaning set forth in the Preamble. 

“Seller Group” shall have the meaning set forth in Section 10.2. 

“Seller Taxes” shall have the meaning set forth in Section 10.1(d). 

“Services” shall have the meaning set forth in the Recitals. 

“Straddle Period” means any Tax period that begins before and ends after the Closing Date. 

“Structures” means all structures and all structural, mechanical and other physical systems that constitute part of the
Owned Real Property. 
 “Subsidiary” or “Subsidiaries” means each Person listed on
Section 11.11 of the Disclosure Schedule. 
 “Tasajero” shall have the meaning set forth in the Recitals.

 “Tax” or “Taxes” shall mean all federal, state, local or foreign taxes, charges, fees,
imposts, levies or other assessments, including all net income, gross receipts, capital, sales, use, ad valorem, value added, transfer, franchise, profits, inventory, capital stock, license, withholding, payroll, employment, social security,
unemployment, excise, severance, stamp, 

  
 54 

 
occupation, property and estimated taxes, customs duties, fees, assessments and charges of any kind and all interest, penalties, fines, additions to tax or additional amounts imposed by any
Governmental Authority with respect thereto. 
 “TECO Marks” means the names and marks “TECO”,
“TECO Guatemala” (including any variations and derivatives thereof) and related marks, and all other trade names, trademarks and service marks owned by the Seller or any of its Affiliates (other than the Acquired Entities). 

“TEMSA” shall mean Tecnología Marítima, S.A., a sociedad anónima organized under the Laws of
Guatemala. 
 “Third Party Claim” shall have the meaning set forth in Section 10.3(a). 

“Third-Party IP Rights” shall have the meaning set forth in Section 4.12(b)(i). 

“Transactions” refers collectively to this Agreement and the transactions contemplated hereby. 

“US GAAP” means generally accepted accounting principles consistently applied in the United States. 

“Walk-Away Date” shall have the meaning set forth in Section 9.1(b)(i). 

“Year End Financial Statements (Operaciones)” shall have the meaning set forth in Section 4.4(a)(i). 

“Year-End Financial Statements (Services and Tasajero)” shall have the meaning set forth in Section 4.4(a)(ii).

 Section 11.12 Rules of Interpretation. Unless otherwise expressly provided, the following rule of interpretation
shall apply: 
 (a) Calculation of Time Period. When calculating the period of time before which, within which or
following which any act is to be done or step taken pursuant to this Agreement, the date that is the reference date in calculating such period shall be excluded. If the last day of such period is not a Business Day, the period in question shall end
on the next succeeding Business Day. 
 (b) Number and Gender. Where the context requires, the use of a singular form
herein shall include the plural, the use of the plural shall include the singular and the use of any gender shall include any and all genders. 

  
 55 

 (c) Headings. The table of contents and the Article, Section and paragraph headings
contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. 
 (d) Herein. The words “hereof”, “herein” and “hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to
any particular provision of this Agreement. 
 (e) Including. Whenever the words “include”,
“includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words “without limitation”. 
 (f) Schedules and Exhibits Generally. The Schedules and Exhibits attached to this Agreement shall be construed with and as an integral part of this Agreement to the same extent as if the same had
been set forth verbatim herein. 
 (g) Disclosure Schedule. The parties acknowledge and agree that: (i) any
disclosure made with reference to a section of the Disclosure Schedule shall be deemed sufficient for purposes of disclosure in any other section or sections of the Disclosure Schedule that may require disclosure therein to the extent its readily
apparent that such disclosure is applicable to such Section or Sections; (ii) the Disclosure Schedule is intended only to qualify and limit the representations, warranties and covenants of the Seller contained in this Agreement and shall
not be deemed to expand in any way the scope or effect of any such representations, warranties or covenants; (iii) the disclosures in the Disclosure Schedule may be over-inclusive, considering the materiality standard contained in the section
of this Agreement relating to the corresponding section of the Disclosure Schedule and any items or matters disclosed in the Disclosure Schedule are not intended to set or establish standards of materiality different from those set forth in the
corresponding section of this Agreement; and (iv) the disclosure of any item or information in the Disclosure Schedule is not an admission that such item or information (or any non-disclosed item or information of comparable or greater
significance) is material, required to have been disclosed in the Disclosure Schedule, or is of a nature that would reasonably be expected to have a Material Adverse Effect. Prior to the Closing, the Seller shall have the right from time to time to
supplement, modify or update the Disclosure Schedule (each a “Disclosure Schedule Update”) by written notice to the Purchaser to reflect events occurring after the date hereof which, if occurring prior to the date hereof, would have
been required to be set forth or described on the Disclosure Schedule. The Seller shall not be deemed to be in breach of any representation or warranty hereunder and no representation or warranty of the Seller shall be deemed to be untrue or
inaccurate with respect to the information disclosed in any such Disclosure Schedule Update. Notwithstanding the preceding sentence, if the Seller makes a Disclosure Schedule Update and if the Purchaser determines that the event(s) disclosed in such
Disclosure Schedule Update would be reasonably likely to result in Damages to the Acquired Entities in excess of U.S.$750,000, then the Purchaser shall have the right exercisable no later than ten (10) Business Days after such Disclosure
Schedule Update is delivered to it to terminate this Agreement in accordance with Section 9.1(c)(ii). 

  
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 (h) References to Articles, Sections, Exhibits or Schedules. When a reference is made
in this Agreement to an Article, a Section, Exhibit or Schedule, such reference shall be to an Article of, a Section of, or an Exhibit or Schedule to, this Agreement unless otherwise indicated. 

(i) Defined Terms. All terms defined in this Agreement shall have the defined meanings when used in any document made or delivered
pursuant hereto unless otherwise defined therein. 
 (j) References to a Person. References to a Person are also to its
permitted successors and assigns. 
 (k) Negotiation and Drafting of Agreement. The parties hereto have participated
jointly in the negotiation and drafting of this Agreement with the benefit of legal representation and, in the event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as jointly drafted by the parties
hereto and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship of any provision of this Agreement or to the extent to which any such party’s counsel participated in the drafting of any
provision hereof or by virtue of the extent to which any such provision is inconsistent with any prior draft hereof. 

Section 11.13 Specific Performance. In the event of any actual or threatened breach by any party of any of the covenants or
agreements in this Agreement, the party who is or is to be thereby aggrieved shall have the right to seek specific performance and injunctive relief giving effect to its rights under this Agreement, (without the necessity of proving actual damages,
posting a bond or any other undertaking) in addition to any other rights and remedies at Law or in equity, subject to Section 10.7. 
 Section 11.14 Further Assurances. Each party shall execute and deliver such certificates and other documents and take such other actions as may reasonably be requested by the other party in
order to consummate or implement the transactions contemplated hereby. 

*        *        *      
  *        * 

  
 57 

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

			
	
	RENEWABLE ENERGY INVESTMENTS GUATEMALA LIMITED
		
	By:	 	 /s/ Luis Kafie

	Name:	 	 Luis Kafie

	Title:	 	Director
	
	TECO GUATEMALA HOLDINGS II, LLC
		
	By:	 	 /s/ Phil L. Barringer

	Name:	 	 Phil L. Barringer

	Title:	 	President

 SIGNATURE PAGE TO OPERACIONES
EQUITY PURCHASE AGREEMENT 

 GUARANTY 
 TECO Energy, Inc., a Florida corporation (“Parent”), as primary obligor and not merely as surety, absolutely, irrevocably, and unconditionally guarantees to the Purchaser the due and
punctual observance, payment, performance, and discharge of all obligations and liabilities of the Seller pursuant to this Agreement and any other agreement entered into by the Seller in connection with the transactions contemplated hereby up to a
maximum aggregate amount equal to the Purchase Price (collectively, the “Guarantied Obligations”); provided however that Parent’s obligations under this Guaranty shall terminate and be of no force or effect after the
(i) seven (7) year anniversary of the Closing Date in connection with Sections 10.1(c) and 10.1(d), provided, however, that such obligations will not terminate with respect to any Indemnified Claim pursuant to
Section 10.1(c) and 10.1(d) as to which the Purchaser shall have, before the expiration of the seven (7) year anniversary, previously made a claim in writing to the Seller and such obligations will continue until the resolution thereof or
payment by the Guarantor and (ii) three (3) year anniversary of the Closing Date in connection with all other Guarantied Obligations, provided that such obligations will not terminate with respect to any Indemnified Claim pursuant to such
other Guarantied Obligations as to which the Purchaser shall have, before the expiration of the three (3) year anniversary, previously made a claim in writing to the Seller and such obligations will continue until the resolution thereof or
payment by the Guarantor. If any Guarantied Obligation is not paid when due or is not otherwise performed or discharged according to its terms, or upon any breach or default by the Seller of or under this Agreement or any other agreement entered
into by the Seller in connection with the transactions contemplated hereby, the Purchaser shall be entitled to proceed directly and at once against Parent to enforce such Guarantied Obligation and/or to collect and recover the full amount or any
portion of such Guarantied Obligation then due, without first proceeding against the Seller and without joining the Seller in any proceeding against Parent. This guarantee is an absolute and unconditional guarantee of payment and performance and not
collection and is not in any way conditioned or contingent upon any attempt to collect from or enforce performance by the Seller or upon any other event or condition whatsoever. 

 Parent hereby unconditionally waives (i) presentment, promptness, diligence, acceptance of this
Guaranty, protest and any and all notices and (ii) any and all defenses to the enforceability of the guarantee provided herein. 
  

			
	TECO ENERGY, INC.
		
	By:	 	 /s/ Sandra W. Callahan

	Name:	 	 Sandra W. Callahan

	Title:	 	Senior Vice President – Finance and Accounting and Chief Financial Officer

 OPERACIONES PARENT GUARANTYCredit Agreement

 Exhibit 10.1 

EXECUTION 

CREDIT AGREEMENT 
 Dated as of November 1, 2012 
 among 

DESTINATION MATERNITY CORPORATION, 
 as the Lead Borrower 
 For 

The Borrowers Named Herein 
 The Guarantors Named Herein 
 WELLS FARGO BANK, NATIONAL ASSOCIATION

 as Administrative Agent, L/C Issuer, Swing Line Lender, 

and 

The Other Lenders Party Hereto 
 WELLS FARGO CAPITAL FINANCE, LLC, 
 as 

Sole Lead Arranger and Sole Bookrunner 

 TABLE OF CONTENTS 

 

							
	Section	 	 	  	Page	 
	ARTICLE I DEFINITIONS AND ACCOUNTING TERMS	  	 	1	  
			
	 1.01.
	 	 Defined Terms
	  	 	1	  
	 1.02.
	 	 Other Interpretive Provisions
	  	 	66	  
	 1.03.
	 	 Accounting Terms
	  	 	67	  
	 1.04.
	 	 Rounding
	  	 	68	  
	 1.05.
	 	 Times of Day
	  	 	68	  
	 1.06.
	 	 Letter of Credit Amounts
	  	 	68	  
	 1.07.
	 	 Currency Equivalents Generally
	  	 	68	  
	 1.08.
	 	 Determination of Compliance with Certain Covenants
	  	 	68	  
		
	ARTICLE II THE COMMITMENTS AND CREDIT EXTENSIONS	  	 	69	  
			
	 2.01.
	 	 Committed Loans; Reserves
	  	 	69	  
	 2.02.
	 	 Borrowings, Conversions and Continuations of Committed Loans
	  	 	71	  
	 2.03.
	 	 Letters of Credit
	  	 	73	  
	 2.04.
	 	 Swing Line Loans
	  	 	79	  
	 2.05.
	 	 Prepayments
	  	 	82	  
	 2.06.
	 	 Termination or Reduction of Commitments
	  	 	83	  
	 2.07.
	 	 Repayment of Loans
	  	 	84	  
	 2.08.
	 	 Interest
	  	 	84	  
	 2.09.
	 	 Fees
	  	 	85	  
	 2.10.
	 	 Computation of Interest and Fees
	  	 	85	  
	 2.11.
	 	 Evidence of Debt
	  	 	86	  
	 2.12.
	 	 Payments Generally; Administrative Agent’s Clawback
	  	 	86	  
	 2.13.
	 	 Sharing of Payments by Lenders
	  	 	89	  
	 2.14.
	 	 Settlement Amongst Lenders
	  	 	89	  
	 2.15.
	 	 Increase in Tranche A Revolving Loan Commitments
	  	 	90	  
		
	ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY; APPOINTMENT OF LEAD BORROWER	  	 	91	  
			
	 3.01.
	 	 Taxes
	  	 	91	  
	 3.02.
	 	 Illegality
	  	 	93	  
	 3.03.
	 	 Inability to Determine Rates
	  	 	93	  
	 3.04.
	 	 Increased Costs; Reserves on LIBO Rate Loans
	  	 	93	  
	 3.05.
	 	 Compensation for Losses
	  	 	95	  
	 3.06.
	 	 Mitigation Obligations; Replacement of Lenders
	  	 	95	  
	 3.07.
	 	 Survival
	  	 	96	  
	 3.08.
	 	 Designation of Lead Borrower as Borrowers’ Agent
	  	 	96	  
		
	ARTICLE IV CONDITIONS PRECEDENT TO CREDIT EXTENSIONS	  	 	96	  
			
	 4.01.
	 	 Conditions of Initial Credit Extension
	  	 	96	  
	 4.02.
	 	 Conditions to all Credit Extensions
	  	 	99	  

  
 i 

							
		
	ARTICLE V REPRESENTATIONS AND WARRANTIES	  	 	100	  
			
	 5.01.
	 	 Existence, Qualification and Power
	  	 	100	  
	 5.02.
	 	 Authorization; No Contravention
	  	 	100	  
	 5.03.
	 	 Governmental Authorization; Other Consents
	  	 	100	  
	 5.04.
	 	 Binding Effect
	  	 	101	  
	 5.05.
	 	 Financial Statements; No Material Adverse Effect
	  	 	101	  
	 5.06.
	 	 Litigation
	  	 	102	  
	 5.07.
	 	 No Default or Event of Default
	  	 	102	  
	 5.08.
	 	 Ownership of Property; Liens
	  	 	102	  
	 5.09.
	 	 Environmental Compliance
	  	 	103	  
	 5.10.
	 	 Insurance
	  	 	104	  
	 5.11.
	 	 Taxes
	  	 	104	  
	 5.12.
	 	 ERISA and Canadian Pension Compliance
	  	 	104	  
	 5.13.
	 	 Subsidiaries; Equity Interests
	  	 	105	  
	 5.14.
	 	 Margin Regulations; Investment Company Act
	  	 	105	  
	 5.15.
	 	 Disclosure
	  	 	106	  
	 5.16.
	 	 Compliance with Laws
	  	 	106	  
	 5.17.
	 	 Intellectual Property; Licenses, Etc
	  	 	106	  
	 5.18.
	 	 Labor Matters
	  	 	106	  
	 5.19.
	 	 Security Documents
	  	 	107	  
	 5.20.
	 	 Solvency
	  	 	107	  
	 5.21.
	 	 Deposit Accounts; Credit Card Arrangements
	  	 	107	  
	 5.22.
	 	 Brokers
	  	 	108	  
	 5.23.
	 	 Customer and Trade Relations
	  	 	108	  
	 5.24.
	 	 Material Contracts
	  	 	108	  
	 5.25.
	 	 Payables Practices
	  	 	108	  
	 5.26.
	 	 Credit Card Receivables
	  	 	108	  
		
	ARTICLE VI AFFIRMATIVE COVENANTS	  	 	108	  
			
	 6.01.
	 	 Financial Statements
	  	 	108	  
	 6.02.
	 	 Certificates; Other Information
	  	 	110	  
	 6.03.
	 	 Notices
	  	 	112	  
	 6.04.
	 	 Payment of Obligations
	  	 	113	  
	 6.05.
	 	 Preservation of Existence, Etc
	  	 	113	  
	 6.06.
	 	 Maintenance of Properties
	  	 	113	  
	 6.07.
	 	 Maintenance of Insurance
	  	 	113	  
	 6.08.
	 	 Compliance with Laws
	  	 	114	  
	 6.09.
	 	 Books and Records; Accountants
	  	 	114	  
	 6.10.
	 	 Inspection Rights; Field Examinations; Appraisals
	  	 	114	  
	 6.11.
	 	 Use of Proceeds
	  	 	116	  
	 6.12.
	 	 Additional Loan Parties
	  	 	116	  
	 6.13.
	 	 Cash Management
	  	 	116	  
	 6.14.
	 	 Information Regarding the Collateral
	  	 	117	  
	 6.15.
	 	 Physical Inventories
	  	 	118	  
	 6.16.
	 	 Environmental Laws
	  	 	119	  
	 6.17.
	 	 Further Assurances
	  	 	119	  
	 6.18.
	 	 Lender Meetings
	  	 	120	  
	 6.19.
	 	 Reserved
	  	 	120	  
	 6.20.
	 	 Designation as Senior Debt
	  	 	120	  

  
 ii 

							
	 6.21.
	 	 Post-Closing Matters
	  	 	120	  
	 6.22.
	 	 Compliance with Canadian Pension Matters
	  	 	120	  
	 6.23.
	 	 Maintenance of Records
	  	 	121	  
	 6.24.
	 	 Collection
	  	 	121	  
	 6.25.
	 	 Actions Regarding Intellectual Property
	  	 	121	  
		
	ARTICLE VII NEGATIVE COVENANTS	  	 	122	  
			
	 7.01.
	 	 Liens
	  	 	122	  
	 7.02.
	 	 Investments; Acquisitions
	  	 	122	  
	 7.03.
	 	 Indebtedness; Disqualified Stock
	  	 	122	  
	 7.04.
	 	 Fundamental Changes
	  	 	122	  
	 7.05.
	 	 Dispositions
	  	 	123	  
	 7.06.
	 	 Restricted Payments
	  	 	123	  
	 7.07.
	 	 Prepayments of Indebtedness
	  	 	124	  
	 7.08.
	 	 Change in Nature of Business
	  	 	125	  
	 7.09.
	 	 Transactions with Affiliates
	  	 	125	  
	 7.10.
	 	 Burdensome Agreements
	  	 	125	  
	 7.11.
	 	 Use of Proceeds
	  	 	126	  
	 7.12.
	 	 Amendment of Material Documents
	  	 	126	  
	 7.13.
	 	 Fiscal Year
	  	 	127	  
	 7.14.
	 	 Deposit Accounts; Credit Card Processors
	  	 	127	  
	 7.15.
	 	 Financial Covenant
	  	 	127	  
	 7.16.
	 	 [Reserved]
	  	 	127	  
	 7.17.
	 	 Canadian Pension Plans
	  	 	127	  
	 7.18.
	 	 Modification of Terms, Etc
	  	 	127	  
		
	ARTICLE VIII EVENTS OF DEFAULT AND REMEDIES	  	 	128	  
			
	 8.01.
	 	 Events of Default
	  	 	128	  
	 8.02.
	 	 Remedies Upon Event of Default
	  	 	131	  
	 8.03.
	 	 Application of Funds
	  	 	132	  
		
	ARTICLE IX ADMINISTRATIVE AGENT	  	 	133	  
			
	 9.01.
	 	 Appointment and Authority
	  	 	133	  
	 9.02.
	 	 Rights as a Lender
	  	 	134	  
	 9.03.
	 	 Exculpatory Provisions
	  	 	134	  
	 9.04.
	 	 Reliance by Administrative Agent
	  	 	135	  
	 9.05.
	 	 Delegation of Duties
	  	 	135	  
	 9.06.
	 	 Resignation of Administrative Agent
	  	 	135	  
	 9.07.
	 	 Non-Reliance on Administrative Agent and Other Lenders
	  	 	136	  
	 9.08.
	 	 No Other Duties, Etc
	  	 	136	  
	 9.09.
	 	 Administrative Agent May File Proofs of Claim
	  	 	137	  
	 9.10.
	 	 Collateral and Guaranty Matters
	  	 	137	  
	 9.11.
	 	 Notice of Transfer
	  	 	138	  
	 9.12.
	 	 Reports and Financial Statements
	  	 	138	  
	 9.13.
	 	 Agency for Perfection
	  	 	139	  
	 9.14.
	 	 Indemnification
	  	 	139	  
	 9.15.
	 	 Relation among Lenders
	  	 	139	  
	 9.16.
	 	 Defaulting or Deteriorating Lender
	  	 	139	  
	 9.17.
	 	 [Reserved.]
	  	 	140	  
	 9.18.
	 	 Appointment for the Province of Québec
	  	 	140	  

  
 iii

							
		
	ARTICLE X MISCELLANEOUS	  	 	141	  
			
	 10.01.
	 	 Amendments, Etc
	  	 	141	  
	 10.02.
	 	 Notices; Effectiveness; Electronic Communications
	  	 	142	  
	 10.03.
	 	 No Waiver; Cumulative Remedies
	  	 	144	  
	 10.04.
	 	 Expenses; Indemnity; Damage Waiver
	  	 	144	  
	 10.05.
	 	 Payments Set Aside
	  	 	146	  
	 10.06.
	 	 Successors and Assigns
	  	 	146	  
	 10.07.
	 	 Treatment of Certain Information; Confidentiality
	  	 	149	  
	 10.08.
	 	 Right of Setoff
	  	 	150	  
	 10.09.
	 	 Interest Rate Limitation
	  	 	151	  
	 10.10.
	 	 Counterparts; Integration; Effectiveness
	  	 	151	  
	 10.11.
	 	 Survival
	  	 	151	  
	 10.12.
	 	 Severability
	  	 	151	  
	 10.13.
	 	 Replacement of Lenders
	  	 	152	  
	 10.14.
	 	 Governing Law; Jurisdiction; Etc
	  	 	152	  
	 10.15.
	 	 Waiver of Jury Trial
	  	 	153	  
	 10.16.
	 	 No Advisory or Fiduciary Responsibility
	  	 	153	  
	 10.17.
	 	 USA PATRIOT Act Notice
	  	 	154	  
	 10.18.
	 	 Foreign Asset Control Regulations
	  	 	154	  
	 10.19.
	 	 Time of the Essence
	  	 	155	  
	 10.20.
	 	 Reserved
	  	 	155	  
	 10.21.
	 	 Press Releases
	  	 	155	  
	 10.22.
	 	 Additional Waivers
	  	 	155	  
	 10.23.
	 	 No Strict Construction
	  	 	156	  
	 10.24.
	 	 Attachments
	  	 	156	  
	 10.25.
	 	 Québec Interpretation
	  	 	156	  
	 10.26.
	 	 English Language Only
	  	 	157	  
	 10.27.
	 	 Lender Action
	  	 	157	  
		
	SIGNATURES	  			

  
 iv 

 SCHEDULES 
  

			
	1.01(a)	  	Customer List and Marketing Service Agreements
	1.01(b)	  	Leased Department Agreements
	1.01(c)	  	Approved Foreign Jurisdictions
	2.01	  	Commitments and Applicable Percentages
	4.01(a)	  	Security Documents
	5.01	  	Loan Parties Organizational Information
	5.05	  	Material Indebtedness
	5.06	  	Litigation
	5.08(b)(1)	  	Owned Real Estate
	5.08(b)(2)	  	Leased Real Estate
	5.09	  	Environmental Matters
	5.10	  	Insurance
	5.11	  	Tax Sharing Arrangements
	5.13	  	Subsidiaries; Other Equity Investments
	5.17	  	Intellectual Property Matters
	5.18	  	Collective Bargaining Agreements
	5.21(a)	  	DDAs
	5.21(b)	  	Credit Card Arrangements
	5.24	  	Material Contracts
	6.02	  	Financial and Collateral Reporting
	6.21	  	Post-Closing Matters
	7.01	  	Existing Liens
	7.02	  	Existing Investments
	7.03	  	Existing Indebtedness
	7.10	  	Burdensome Agreements
	10.02	  	Administrative Agent’s Office; Certain Addresses for Notices

 EXHIBITS 

Form of 
  

			
	A	  	Committed Loan Notice
	B	  	Swing Line Loan Notice
	C-1	  	Note
	C-2	  	Swing Line Note
	D	  	Compliance Certificate
	E	  	Assignment and Assumption
	F	  	Customs Broker Agreement
	G	  	Borrowing Base Certificate
	H	  	DDA Notification
	I	  	Credit Card Notification

  
 v 

 CREDIT AGREEMENT 

This CREDIT AGREEMENT (“Agreement”) is entered into as of November 1, 2012, among DESTINATION MATERNITY
CORPORATION, a Delaware corporation (the “Lead Borrower”), CAVE SPRINGS, INC., a Delaware corporation (“Cave”, and together with Lead Borrower, each a “Borrower” and collectively, the
“Borrowers”), the Guarantors, each lender from time to time party hereto (collectively, the “Lenders” and individually, a “Lender”), WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent
and Swing Line Lender and L/C Issuer. 
 The Borrowers have requested that the Lenders provide a revolving credit facility, and
the Lenders have indicated their willingness to lend and the L/C Issuer has indicated its willingness to issue Letters of Credit, in each case on the terms and conditions set forth herein. 

In consideration of the mutual covenants and agreements herein contained, the parties hereto covenant and agree as follows: 

ARTICLE I 

DEFINITIONS AND ACCOUNTING TERMS 
 1.01. Defined Terms. As used in this Agreement, the following terms shall have the meanings set forth below: 
 “Accelerated Borrowing Base Delivery Event” means either (a) the occurrence and continuance of any Event of Default, or (b) the failure of the Borrowers to maintain Excess
Availability of an amount greater than twelve and one-half percent (12.5%) of the Borrowing Base. For purposes of this Agreement, the occurrence of an Accelerated Borrowing Base Delivery Event shall be deemed continuing at the Administrative
Agent’s option (c) so long as such Event of Default has not been waived, and/or (d) if the Accelerated Borrowing Base Delivery Event arises as a result of the Borrowers’ failure to achieve Excess Availability as required
hereunder, until Excess Availability has exceeded the amount equal to fifteen percent (15%) of the Borrowing Base for thirty (30) consecutive calendar days, in which case an Accelerated Borrowing Base Delivery Event shall no longer be
deemed to be continuing for purposes of this Agreement. 
 “Acceptable Document of Title” means, with respect to
any Inventory, a tangible, negotiable bill of lading or other Document (as defined in the UCC) that (a) is issued by a common carrier which is not an Affiliate of the Approved Foreign Vendor or any Loan Party which is in actual possession of
such Inventory, (b) is issued to the order of the Borrower or, if so requested by the Administrative Agent, to the order of the Administrative Agent, (c) names the Administrative Agent as a notify party and bears a conspicuous notation on
its face of the Administrative Agent’s security interest therein, (d) that is not subject to any Lien other than a perfected first priority security interest in favor of the Administrative Agent and Liens permitted under clauses (a), (b),
(p) and (r) of the definition of Permitted Encumbrances and any other Liens with respect thereto permitted under this Agreement that are subject to an intercreditor agreement in form and substance reasonably satisfactory to Administrative
Agent, and (e) is on terms otherwise reasonably acceptable to the Administrative Agent. 
 “ACH” means
automated clearing house transfers. 
 “Accommodation Payment” has the meaning specified in
Section 10.22. 

  
 1 

 “Account” means “accounts” as defined in the UCC, and also
means a right to payment of a monetary obligation, whether or not earned by performance, (a) for property that has been or is to be sold, leased, licensed, assigned, or otherwise disposed of, (b) for services rendered or to be rendered,
(c) for a policy of insurance issued or to be issued, (d) for a secondary obligation incurred or to be incurred, (e) for energy provided or to be provided, (f) for the use or hire of a vessel under a charter or other contract,
(g) arising out of the use of a credit or charge card or information contained on or for use with the card, or (h) as winnings in a lottery or other game of chance operated or sponsored by a state, governmental unit of a state, or person
licensed or authorized to operate the game by a state or governmental unit of a state. The term “Account” includes health-care-insurance receivables. 
 “Account Debtor” means an “Account Debtor” as such term is a defined in the UCC, including without limitation, any Credit Card Issuer, any Credit Card Processor and any
Department Lessor. 
 “Acquisition” means, with respect to any Person (a) an Investment in, or a purchase
of a Controlling interest in, the Equity Interests of any other Person, (b) a purchase or other acquisition of all or substantially all of the assets or properties of, another Person or of any business unit of another Person, (c) any
merger or consolidation of such Person with any other Person or other transaction or series of transactions resulting in the acquisition of all or substantially all of the assets, or a Controlling interest in the Equity Interests, of any Person, or
(d) any acquisition of any Store locations of any Person (other than the leasing or acquisition of any one Store in the ordinary course of business), in each case, in any transaction or group of transactions which are part of a common plan.

 “Additional Maximum PMSI Debt Amount” means on any date of determination, the maximum amount of Additional
PMSI Indebtedness which may be outstanding pursuant to clause (c) of the definition of Permitted Indebtedness, provided, that, (a) at all times prior to the incurrence of Permitted Term Loan Indebtedness, the Additional
Maximum PMSI Debt Amount shall not exceed $10,000,000, and (b) upon and after the incurrence of the Permitted Term Loan Indebtedness and for so long as any Permitted Term Loan Indebtedness remains outstanding or there is any undrawn or
committed amount of Permitted Term Loan Indebtedness, the Additional Maximum PMSI Debt Amount shall not exceed the amount equal to (i) $150,000,000 minus (ii) the outstanding principal amount of Permitted Term Loan Indebtedness, up to a
maximum amount of $10,000,000. The amount of Additional PMSI Indebtedness outstanding at any time plus the amount of Permitted Term Loan Indebtedness outstanding at anytime shall not exceed $150,000,000, in the aggregate. 

“Additional PMSI Indebtedness” means the Indebtedness permitted to be incurred and outstanding pursuant to clause
(c) of the definition of Permitted Indebtedness in excess of $15,000,000. 
 “Adjusted LIBO Rate” means:

 (a) for any Interest Period with respect to any LIBO Borrowing, an interest rate per annum (rounded upwards, if necessary, to
the next 1/100 of one percent) equal to (i) the LIBO Rate for such Interest Period multiplied by (ii) the Statutory Reserve Rate; and 
 (b) for any interest rate calculation with respect to any Base Rate Loan, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of one percent) equal to (i) the LIBO Rate for
an Interest Period commencing on the date of such calculation and ending on the date that is thirty (30) days thereafter multiplied by (ii) the Statutory Reserve Rate. 

The Adjusted LIBO Rate will be adjusted automatically as of the effective date of any change in the Statutory Reserve Rate. 

  
 2 

 “Administrative Agent” means Wells Fargo in its capacity as administrative
and collateral agent hereunder and under any of the other Loan Documents, or any replacement or any successor administrative agent permitted hereunder. 
 “Administrative Agent’s Office” means the Administrative Agent’s address as set forth on Schedule 10.02, and, as appropriate, the Agent Payment Account, or such other
address or account as the Administrative Agent may from time to time notify the Lead Borrower and the Lenders. 

“Administrative Questionnaire” means an Administrative Questionnaire in a form supplied by the Administrative Agent.

 “Affiliate” means, with respect to any Person, (i) another Person that directly, or indirectly through
one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified. 
 “Agent
Payment Account” shall mean account no. 37235547964501150 of Administrative Agent at Wells Fargo, or such other account of Administrative Agent as Administrative Agent may from time to time designate to Lead Borrower as the Agent Payment
Account for purposes of this Agreement and the other Loan Documents. 
 “Agent Parties” shall have the meaning
specified in Section 10.02(c). 
 “Aggregate Commitments” means the Commitments of all the Lenders.
As of the Closing Date, the Aggregate Commitments are $61,000,000. 
 “Aggregate Tranche A Revolving Loan
Commitments” means the Tranche A Loan Revolving Commitments of all the Tranche A Revolving Loan Lenders. As of the Closing Date, the Aggregate Tranche A Revolving Loan Commitments are $55,000,000. 

“Aggregate Tranche A-1 Revolving Loan Commitments” means the Tranche A-1 Revolving Loan Commitments of all the Lenders.
As of the Closing Date, the Aggregate Tranche A -1 Revolving Loan Commitments are $6,000,000. 
 “Agreement”
means this Credit Agreement. 
 “Allocable Amount” has the meaning specified in Section 10.22(d).

 “Applicable Lenders” means the Required Lenders, all affected Lenders, or all Lenders, as the context may
require. 
 “Applicable Margin” means with respect to each: 

 

	 	(a)	LIBO Rate Loan that is a Tranche A Revolving Loan, one and one-half percent (1.50%); 

 

	 	(b)	LIBO Rate Loan that is a Tranche A-1 Revolving Loan, three percent (3.00%); 

 

	 	(c)	Base Rate Loan that is a Tranche A Revolving Loan, one-half of one percent (0.50%), and 

 

	 	(d)	Base Rate Loan that is a Tranche A-1 Revolving Loan, two percent (2.00%). 

  
 3 

 “Applicable Percentage” means with respect to (a) any Lender at any
time, the percentage (carried out to the ninth decimal place) of the Aggregate Commitments represented by such Lender’s Commitment at such time, (b) any Tranche A Revolving Loan Lender at any time, the percentage (carried out to the ninth
decimal place) of the Aggregate Tranche A Revolving Loan Commitments represented by such Lender’s Tranche A Revolving Loan Commitment at such time, and (c) any Tranche A-1 Revolving Loan Lender at any time, the percentage (carried out to
the ninth decimal place) of the Aggregate Tranche A-1 Revolving Loan Commitments represented by such Lender’s Tranche A-1 Revolving Loan Commitment at such time. If the commitment of each Lender to make Loans and the obligation of the L/C
Issuer to make L/C Credit Extensions have been terminated pursuant to Section 8.02 or if the Aggregate Commitments have expired, then the Applicable Percentage of each Lender shall be determined based on the Applicable Percentage of such
Lender most recently in effect, giving effect to any subsequent assignments. The initial Applicable Percentage of each Lender is set forth opposite the name of such Lender on Schedule 2.01 or in the Assignment and Assumption pursuant to which
such Lender becomes a party hereto, as applicable. 
 “Appraised Value” means (a) with respect to Eligible
Inventory, the appraised orderly liquidation value, net of costs and expenses to be incurred in connection with any such liquidation, which value is expressed as a percentage of Cost of Eligible Inventory as set forth in the inventory stock ledger
of the Lead Borrower, which value shall be determined from time to time by the most recent appraisal undertaken by an independent appraiser engaged by the Administrative Agent, or (b) with respect to Eligible Real Estate, the fair market value
of Eligible Real Estate as set forth in the most recent appraisal of Eligible Real Estate as determined from time to time by an independent appraiser engaged by the Administrative Agent, which appraisal shall assume, among other things, a marketing
time of not greater than twelve (12) months or less than three (3) months; provided, that, the Appraised Value of Eligible Real Estate shall in no event exceed the maximum amount of the Obligations at any time specified to be
secured by a Mortgage thereon. 
 “Approved Foreign Jurisdiction” means each country or jurisdiction listed on
Schedule 1.01(c) and each additional country or jurisdiction as Administrative Agent may from time to time agree in its Permitted Discretion. 
 “Approved Fund” means any Fund that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender, (c) an entity or an Affiliate of an entity that administers or
manages a Lender or (d) the same investment advisor or an advisor under common control with such Lender, Affiliate or advisor, as applicable. 
 “Approved Foreign Vendor” means a Foreign Vendor which (a) is located in any country acceptable to the Administrative Agent in its Permitted Discretion, (b) has received timely
payment or material performance of all obligations owed to it by the Loan Parties, (c) has not asserted and has no right to assert any reclamation, repossession, diversion, stoppage in transit, Lien or title retention rights in respect of such
Inventory, and (d), if so requested by the Administrative Agent, has entered into and is in material compliance with the terms of a Foreign Vendor Agreement. 
 “Arranger” means Wells Fargo Capital Finance, LLC, in its capacity as sole lead arranger and sole book manager. 
 “Assignee Group” means two or more Eligible Assignees that are Affiliates of one another or two or more Approved Funds managed by the same investment advisor. 

“Assignment and Assumption” means an assignment and assumption entered into by a Lender and an Eligible Assignee (with
the consent of any party whose consent is required by Section 10.06(b)), and accepted by the Administrative Agent, in substantially the form of Exhibit E or any other form approved by the Administrative Agent. 

  
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 “Attributable Indebtedness” means, on any date, (a) in respect of any
Capital Lease Obligation of any Person, the capitalized amount thereof that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP, and (b) in respect of any Synthetic Lease Obligation, the capitalized
amount of the remaining lease or similar payments under the relevant lease or other applicable agreement or instrument that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP if such lease, agreement or
instrument were accounted for as a capital lease. 
 “Audited Financial Statements” means the audited
consolidated balance sheet of the Lead Borrower and its Subsidiaries for the Fiscal Year ended September 30, 2011, and the related consolidated statements of income or operations, Shareholders’ Equity and cash flows for such Fiscal Year of
the Lead Borrower and its Subsidiaries, including the notes thereto. 
 “Auto-Extension Letter of Credit” shall
have the meaning specified in Section 2.03(b)(iii). 
 “Availability Period” means the period from
and including the Closing Date to the earliest of (a) the Maturity Date, (b) the date of termination of the Aggregate Commitments pursuant to Section 2.06, and (c) the date of termination of the commitment of each Lender
to make Loans and of the obligation of the L/C Issuer to make L/C Credit Extensions pursuant to Section 8.02. 

“Availability Reserves” means, without duplication of any other Reserves or items to the extent such items are otherwise
addressed or excluded through eligibility criteria, such reserves as the Administrative Agent from time to time determines in its Permitted Discretion as being appropriate, to reflect (a) matters that adversely affect the Collateral, its value
or the amount that Administrative Agent might receive from the sale or other disposition thereof or the ability of Administrative Agent to realize thereon, (b) claims and liabilities that Administrative Agent in its Permitted Discretion
determines will need to be satisfied in connection with the realization on the Collateral (c) events, conditions, contingencies or risks which adversely affect any component of the Borrowing Base, (d) matters that adversely affect the
validity or enforceability of the Loan Documents or any material remedies of the Administrative Agent and the Credit Parties thereunder, or (e) that a Default or an Event of Default then exists. Without limiting the generality of the foregoing,
Availability Reserves may include, in the Administrative Agent’s Permitted Discretion, (but are not limited to) reserves based on: (i) rental payments or other amounts payable to lessors where Administrative Agent has not received a
Collateral Access Agreement, provided, that, (A) such reserves as to retail store locations shall not exceed at any time the aggregate of amounts payable for the next one (1) month for such locations in those States where any
right of the lessor may be pari passu or have priority over the Lien of Administrative Agent, including Pennsylvania, Virginia and Washington and (B) no Availability Reserves shall be established in respect of payments to Department Lessors
that would be categorized as rent by the Loan Parties, consistent with their current practices in effect on the Closing Date, provided, that, the applicable Leased Department Agreement is in full force and effect and no event of
default exists thereunder; (ii) customs duties, and other costs to release Inventory which is being imported into the United States; (iii) salaries, wages and benefits due to employees of any Borrower, that would reasonably be expected to
be incurred in connection with a Liquidation, (iv) outstanding Taxes and other governmental charges, including, without limitation, ad valorem, real estate, personal property, sales, claims of the PBGC and other Taxes which may have or are
reasonably anticipated to have priority over the interests of the Administrative Agent in the Collateral; (v) [Reserved], (vi) Customer Credit Liabilities, which reserve shall be in an amount equal to thirty-three percent (33%) of the
aggregate amount of Customer Credit Liabilities, (vii) Customer Deposits, which reserve shall be in an amount equal to thirty-three percent (33%) of the aggregate amount of Customer Deposits, (viii) reserves for reasonably anticipated
changes in the Appraised Value of 

  
 5 

 
Eligible Inventory and Eligible Real Estate between appraisals, (ix) warehousemen’s or bailee’s charges and other Permitted Encumbrances which may have priority over the security
interests of the Administrative Agent in the Collateral, (x) amounts due to vendors on account of consigned goods, (xi) Cash Management Reserves, (xii) Bank Products Reserves, (xiii) Realty Reserves, (xiv) royalties payable
in respect of licensed merchandise, and (xv) for the amount of the Priority Payables then outstanding. To the extent that such Availability Reserve is in respect of amounts that may be payable to third parties the Administrative Agent may, at
its option, deduct such Availability Reserve from the amount equal to the Aggregate Tranche A Revolving Loan Commitments, at any time that the Aggregate Tranche A Revolving Loan Commitments are less than the amount of the Tranche A Borrowing Base.
The amount of any Availability Reserve established by the Administrative Agent shall have a reasonable relationship to the event, condition or other matter which is the basis for such reserve as determined by the Administrative Agent in their
Permitted Discretion. To the extent that an event, condition or matter is directly addressed pursuant to the calculation of the Net Recovery Percentage as to Inventory or the calculation of the Real Property Availability, the Administrative Agent
shall not also establish an Availability Reserve to address the same event, condition or matter, including any Availability Reserve referred to in clause (iii) above. 
 “Bank Products” means any services or facilities provided to any Loan Party by the Administrative Agent or any of its Affiliates (but excluding Cash Management Services) including,
without limitation, on account of (a) Swap Contracts, (b) merchant services constituting a line of credit, (c) leasing facilities, and (d) supply chain finance services including, without limitation, trade payable services and
supplier accounts receivable purchases, but excluding any factoring services. 
 “Bank Products Reserves” means
such reserves as the Administrative Agent from time to time determine in its discretion as being appropriate to reflect the liabilities and obligations of the Loan Parties with respect to Bank Products then provided or outstanding. 

“Base Rate” means, for any day, a fluctuating rate per annum equal to the highest of (a) the Federal Funds Rate, as
in effect from time to time, plus one-half of one percent (0.50%), (b) the Adjusted LIBO Rate plus one percent (1.00%), or (c) the rate of interest in effect for such day as publicly announced from time to time by Wells Fargo
as its “prime rate.” The “prime rate” is a rate set by Wells Fargo based upon various factors including Wells Fargo’s costs and desired return, general economic conditions and other factors, and is used as a
reference point for pricing some loans, which may be priced at, above, or below such announced rate. Any change in such rate announced by Wells Fargo shall take effect at the opening of business on the day specified in the public announcement of
such change. 
 “Base Rate Loan” means a Loan that bears interest based on the Base Rate. 

“Blocked Account” means a deposit account of a Loan Party to which funds from one or more DDAs are from time to time
transferred. 
 “Blocked Account Agreement” means with respect to an account established by a Loan Party, an
agreement, in form and substance reasonably satisfactory to the Administrative Agent, establishing control (as defined in the UCC) of such account by the Administrative Agent and whereby the bank maintaining such account agrees, upon the occurrence
and during the continuance of a Cash Dominion Event, to comply only with the instructions originated by the Administrative Agent without the further consent of any Loan Party. 
 “Blocked Account Bank” means each bank with whom deposit accounts are maintained in which any funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a
Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof. 

  
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 “Borrower Materials” has the meaning specified in last paragraph of
Section 6.02. 
 “Borrowers” has the meaning specified in the introductory paragraph hereto.

 “Borrowing” means a Committed Borrowing or a Swing Line Borrowing, as the context may require. 

“Borrowing Base” means, at any time of calculation, the sum of the Tranche A Borrowing Base and the Tranche A-1 Borrowing
Base. 
 “Borrowing Base Certificate” means a certificate substantially in the form of Exhibit G hereto
(with such changes therein as may be required by the Administrative Agent in the Permitted Discretion to reflect the components of and reserves against the Borrowing Base as provided for hereunder from time to time), executed and certified as
accurate and complete by a Responsible Officer of the Lead Borrower which shall include appropriate exhibits, schedules, supporting documentation, and additional reports as reasonably requested by the Administrative Agent. 

“Business” means the retail or wholesale manufacturing, marketing and/or sale of consumer products or services, the
licensing of Borrowers’ trademarks and/or other intellectual property (either in connection with its franchising activities or otherwise), and the provision of services to third party companies in connection with the Borrowers’ proprietary
list of customers and other marketing partnership related activities. 
 “Business Day” means any day other than
a Saturday, Sunday or other day on which commercial banks are authorized to close under the Laws of, or are in fact closed in, the state where the Administrative Agent’s Office is located and, if such day relates to any LIBO Rate Loan, means
any such day on which dealings in Dollar deposits are conducted by and between banks in the London interbank market. 

“Canadian Benefit Plans” means any plan, fund, program, or policy, whether oral or written, formal or informal, funded or
unfunded, insured or uninsured, providing employee benefits, including medical, hospital care, dental, sickness, accident, disability, life insurance, pension, retirement or savings benefits, under which any of the Loan Parties or any Restricted
Subsidiary has any liability with respect to any employee or former employee related to employment in Canada, but excluding any Canadian Pension Plans and any Canadian Union Plans. 

“Canadian Collateral” means Collateral consisting of assets or interests in assets of the Loan Parties located in Canada,
and the proceeds thereof. 
 “Canadian Dollars” and “C$” shall each mean the lawful currency of
Canada. 
 “Canadian Pension Event” means (a) the voluntary whole or partial wind up of a Canadian Pension
Plan by any Loan Party or Restricted Subsidiary; (b) the withdrawal of a Borrower or Restricted Subsidiary from a Canadian Union Plan; (c) the filing of a notice of intent to terminate in whole or in part a Canadian Pension Plan or
Canadian Union Plan or the treatment of a Canadian Pension Plan or Canadian Union Plan amendment as a termination or partial termination; (d) the institution of proceedings by any Governmental Authority to terminate in whole or in part or have
a trustee appointed to administer a Canadian Pension Plan or Canadian Union Plan, or (e) any other event or condition which might constitute grounds for the termination of, winding up or partial termination or winding up or the appointment of
trustee to administer, any Canadian Pension Plan or Canadian Union Plan. 

  
 7 

 “Canadian Pension Plans” means any plan or arrangement that is required to
be registered under Canadian federal or provincial law and is or was established, maintained or contributed to or required to be contributed to by a Borrower or any Restricted Subsidiary for its employees or former employees, but does not include
the Canada Pension Plan or the Quebec Pension Plan as maintained by the Government of Canada or the Province of Quebec, respectively, or any Canadian Union Plan. 
 “Canadian Security Agreement” means the Security agreement, dated of even date herewith, in form and substance reasonably satisfactory to Administrative Agent, executed and delivered by
the Loan Parties. 
 “Canadian Security Documents” means the Canadian Security Agreement, the Québec
Hypothec and any other Loan Document that grants or purports to grant a Lien on any Canadian Collateral. 
 “Canadian
Union Plan” means any and all registered pension and other benefit plans for the benefit of employees or former employees of any Loan Party or Restricted Subsidiary in respect of employment in Canada, which are not maintained, sponsored or
administered by a Loan Party or Restricted, but to which a Borrower or any Restricted Subsidiary is or was required to contribute pursuant to a collective agreement or a participation agreement. 

“Capital Expenditures” means, with respect to any Person for any period, (a) all expenditures made (whether made in
the form of cash or other property) or costs incurred for the acquisition or improvement of fixed or capital assets of such Person (excluding normal replacements and maintenance which are properly charged to current operations), in each case that
are (or should be) set forth as capital expenditures in a Consolidated statement of cash flows of such Person for such period, in each case prepared in accordance with GAAP, and (b) Capital Lease Obligations incurred by a Person during such
period. 
 “Capital Lease Obligations” means, with respect to any Person for any period, the obligations of such
Person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as liabilities on a
balance sheet of such Person under GAAP and the amount of which obligations shall be the capitalized amount thereof determined in accordance with GAAP. 
 “Cash Collateral” means any pledges or deposits of cash by the Loan Parties to Cash Collateralize any L/C Obligations. 

“Cash Collateral Account” means a non-interest bearing account established by one or more of the Loan Parties with Wells
Fargo, and in the name of, the Administrative Agent (as the Administrative Agent shall otherwise direct) and under the sole and exclusive dominion and control of the Administrative Agent, in which deposits are required to be made in accordance with
Section 2.03(g) or 8.02(c). 
 “Cash Collateralize” means to (a) pledge and deposit with
or deliver to the Administrative Agent, for the benefit of the L/C Issuer and the Lenders, as collateral for the L/C Obligations, cash or deposit account balances in an amount equal to one hundred three percent (103%) of the Outstanding Amount
of all L/C Obligations (other than L/C Obligations with respect to Letters of Credit denominated in a currency other than Dollars, which L/C Obligations shall be Cash Collateralized in an amount equal to one hundred fifteen percent (115%) of
the Outstanding Amount of such L/C Obligations) pursuant to documentation in form and substance reasonably satisfactory to the Administrative Agent and the L/C Issuer (which documents are hereby Consented to by the Lenders) or (b) cause all
outstanding L/C Obligations (other than L/C Obligations that have been previously cash collateralized as described in clause (a) above) to be supported by standby letters of credit in an aggregate Stated Amount equal to one

  
 8 

 
hundred and three percent (103%) of the Outstanding Amount of all L/C Obligations (other than L/C Obligations with respect to Letters of Credit denominated in a currency other than Dollars,
which L/C Obligations shall be supported by standby letters of credit in an aggregate Stated Amount equal to one hundred and fifteen percent (115%) of the Outstanding Amount of such L/C Obligations); provided, that, the issuer of
such back-stop letter of credit shall be reasonably acceptable to the Administrative Agent and the L/C Issuer. Derivatives of such term have corresponding meanings. 
 “Cash Dominion Event” means either (a) the occurrence and continuance of any Specified Event of Default, or (b) the failure of the Borrowers to maintain Excess Availability in
an amount equal to or greater than the greater of (i) an amount equal to fifteen percent (15%) of the Borrowing Base for five (5) consecutive Business Days, or (ii) an amount equal to twelve and one-half percent (12.5%) of
the Borrowing Base at any time. For purposes of this Agreement, the occurrence of a Cash Dominion Event shall be deemed continuing until the earlier of: (A) the date of the waiver by Administrative Agent of such Specified Event of Default,
(B) if the Cash Dominion Event arises as a result of the Borrowers’ failure to achieve Excess Availability as required hereunder, until such date as Excess Availability has exceeded fifteen percent (15%) of the Borrower Base for
thirty (30) consecutive days or (C) such date on which the Administrative Agent states that the applicable Cash Dominion Event shall no longer be deemed to be continuing for purposes of this Agreement; provided, that, a Cash
Dominion Event shall be deemed continuing for a period of six (6) consecutive months (even if a Specified Event of Default is no longer continuing and/or Excess Availability exceeds the required amount for thirty (30) consecutive Business
Days) at any time a Cash Dominion Event occurs after a Cash Dominion Event has occurred and been discontinued on four (4) occasions after the Closing Date. The termination of a Cash Dominion Event as provided herein shall in no way limit, waive
or delay the occurrence of a subsequent Cash Dominion Event in the event that the conditions set forth in this definition again arise. 
 “Cash Equivalents” means 
 (a) readily marketable obligations
issued or directly and fully guaranteed or insured by the United States of America or any agency or instrumentality thereof having maturities of not more than 360 days from the date of acquisition thereof; provided, that, the full
faith and credit of the United States of America is pledged in support thereof; 
 (b) commercial paper issued by any Person
organized under the laws of any state of the United States of America and rated at least “Prime-1” (or the then equivalent grade) by Moody’s or at least “A-1” (or the then equivalent grade) by S&P, in each
case with maturities of not more than 180 days from the date of acquisition thereof; 
 (c) time deposits with, or insured
certificates of deposit or bankers’ acceptances of, any commercial bank that (i) (A) is a Lender or (B) is organized under the laws of the United States of America, any state thereof or the District of Columbia or is the
principal banking subsidiary of a bank holding company organized under the laws of the United States of America, any state thereof or the District of Columbia, and is a member of the Federal Reserve System, (ii) issues (or the Lead Borrower of
which issues) commercial paper rated as described in clause (c) of this definition and (iii) has combined capital and surplus of at least $1,000,000,000, in each case with maturities of not more than 180 days from the date of acquisition
thereof; 
 (d) fully collateralized repurchase agreements with a term of not more than thirty (30) days for securities
described in clause (a) above (without regard to the limitation on maturity contained in such clause) and entered into with a financial institution satisfying the criteria described in clause (c) above or with any primary dealer and having
a market value at the time that such repurchase agreement is entered into of not less than one hundred percent (100%) of the repurchase obligation of such counterparty entity with whom such repurchase agreement has been entered into; and

  
 9 

 (e) Investments, classified in accordance with GAAP as current assets of the Loan Parties,
in any money market fund, mutual fund, or other investment companies that are registered under the Investment Company Act of 1940, as amended, which are administered by financial institutions that have the highest rating obtainable from either
Moody’s or S&P, and which invest solely in one or more of the types of securities described in clauses (a) through (d) above. 
 “Cash Management Reserves” means such reserves as the Administrative Agent, from time to time, determines in its Permitted Discretion as being appropriate to reflect the reasonably
anticipated liabilities and obligations of the Loan Parties with respect to Cash Management Services then provided or outstanding. 
 “Cash Management Services” means any one or more of the following types or services or facilities provided to any Loan Party by the Administrative Agent or any of its Affiliates:
(a) ACH transactions, (b) cash management services, including, without limitation, controlled disbursement services, treasury, depository, overdraft, and electronic funds transfer services, (c) foreign exchange facilities,
(d) credit or debit cards, (e) credit card processing services, and (f) purchase cards. 
 “Casualty
Event” means casualty or other insured damage to, or any taking under power of eminent domain or by condemnation or similar proceeding of (and payments in lieu thereof), any property or asset of a Loan Party. 

“CERCLA” means the Comprehensive Environmental Response, Compensation, and Liability Act, 42 U.S.C. § 9601 et seq.

 “CERCLIS” means the Comprehensive Environmental Response, Compensation, and Liability Information System
maintained by the United States Environmental Protection Agency. 
 “CFC” means a Person that is a controlled
foreign corporation under Section 957 of the Code. 
 “Change in Law” means the occurrence, after the date
of this Agreement, of any of the following: (a) the adoption or taking effect of any law, rule, regulation or treaty, (b) any change in any law, rule, regulation or treaty or in the administration, interpretation or application thereof by
any Governmental Authority or (c) the making or issuance of any request, guideline or directive (whether or not having the force of law) by any Governmental Authority. For purposes of this definition, the Dodd-Frank Wall Street Reform and
Consumer Protection Act and all rules, regulations, orders, requests, guidelines or directives thereunder or in connection therewith and all requests, rules, guidelines or directives concerning capital adequacy known as “Basel III”
and promulgated either by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or by the United States or foreign regulatory authorities pursuant thereto are deemed to have been
adopted and gone into effect after the date of this Agreement. 
 “Change of Control” means an event or series
of events by which: 
 (a) any “person” or “group” (as such terms are used in Sections
13(d) and 14(d) of the Securities Exchange Act of 1934, but excluding any employee benefit plan of such person or its subsidiaries, and any person or entity acting in its capacity as trustee, agent or other fiduciary or administrator of
any such plan) becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Securities Exchange Act of 1934, except that a person or group shall be deemed to have

  
 10 

 
“beneficial ownership” of all securities that such person or group has the right to acquire, whether such right is exercisable immediately or only after the passage of time (such
right, an “option right”)), directly or indirectly, of fifty percent (50%) or more of the Equity Interests entitled to vote generally in the election of directors (or equivalent governing body) of the total voting power of all
outstanding shares of the Lead Borrower entitled to vote for members of the board of directors or equivalent governing body of the Lead Borrower on a fully-diluted basis (and taking into account all such Equity Interests that such
“person” or “group” has the right to acquire pursuant to any option right); or 
 (b) any
“change in control” or similar event as defined in the documents evidencing the Permitted Term Loan Indebtedness; or 
 (c) the Lead Borrower fails at any time to own, directly or indirectly, one hundred percent (100%) of the Equity Interests of each other Loan Party, except where such failure is as a result of a
transaction permitted by the Loan Documents. 
 “Closing Date” means the first date all the conditions precedent
in Section 4.01 are satisfied or waived in accordance with Section 10.01. 
 “Code”
means the Internal Revenue Code of 1986, and the regulations promulgated thereunder, as in effect from time to time. 

“Collateral” means any and all “Collateral” or “Mortgaged Property” as defined in any
applicable Security Document and all other property that is or is intended under the terms of the Security Documents to be subject to Liens in favor of the Administrative Agent. 

“Collateral Access Agreement” means an agreement reasonably satisfactory in form and substance to the Administrative
Agent executed by, as the case may be, (a) a bailee or other Person in possession of Collateral, and (b) any landlord of Real Estate leased by any Loan Party, pursuant to which such Person (i) acknowledges the Administrative
Agent’s Lien on the Collateral, (ii) releases or subordinates such Person’s Liens in the Collateral held by such Person or located on such Real Estate, (iii) agrees to provide the Administrative Agent with access to the
Collateral held by such bailee or other Person or located in or on such Real Estate, (iv) as to any landlord, provides the Administrative Agent with a reasonable time to sell and dispose of the Collateral from such Real Estate, and
(v) makes such other agreements with the Administrative Agent as it may reasonably require. 
 “Commercial Letter of
Credit” means any Letter of Credit issued for the purpose of providing the primary payment mechanism in connection with the purchase of any materials, goods or services by a Loan Party in the ordinary course of business of such Loan Party.

 “Commercial Letter of Credit Agreement” means the Commercial Letter of Credit Agreement relating to the
issuance of a Commercial Letter of Credit in the form from time to time in use by the L/C Issuer. 

“Commitment” means, as to each Lender, its Tranche A Revolving Loan Commitment and its Tranche A-1 Revolving Loan
Commitment as the context requires. 
 “Committed Borrowing” means a borrowing consisting of simultaneous
Committed Loans of the same Type and, in the case of LIBO Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01. 

  
 11 

 “Committed Loan” means a Tranche A Revolving Loan or a Tranche A-1
Revolving Loan, as the case may be. 
 “Committed Loan Notice” means a notice of (a) a Committed Borrowing,
(b) a conversion of Committed Loans from one Type to the other, or (c) a continuation of LIBO Rate Loans, pursuant to 2.01(a), which, if in writing, shall be substantially in the form of Exhibit A. 

“Compliance Certificate” means a certificate substantially in the form of Exhibit D. 

“Concentration Account” means the deposit account of Lead Borrower in which funds of any Loan Party from one or more
Blocked Accounts are from time to time deposited. As of the Closing Date, the Concentration Account is the deposit account identified as the Concentration Account on Schedule 5.21(a). 

“Consent” means actual consent given by a Lender from whom such consent is sought; or the passage of seven
(7) Business Days from receipt of written notice to a Lender from the Administrative Agent of a proposed course of action to be followed by the Administrative Agent without such Lender’s giving the Administrative Agent written notice of
that Lender’s objection to such course of action. 
 “Consolidated” means, when used to modify a financial
term, test, statement, or report of a Person, the application or preparation of such term, test, statement or report (as applicable) based upon the consolidation, in accordance with GAAP, of the financial condition or operating results of such
Person and its Subsidiaries. 
 “Contractual Obligation” means, as to any Person, any provision of any
agreement, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound. 

“Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management
or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings correlative thereto. 

“Control Agreement” shall have its meaning as set forth in the Security Agreement. 

“Cost” means the lower of cost or market value of Inventory, based upon the Borrowers’ accounting practices, known
to the Administrative Agent, which practices are in effect on the Closing Date as such calculated cost is determined from invoices received by the Borrowers, the Borrowers’ purchase journals or the Borrowers’ stock ledger, and the term
“Cost” in any event shall include freight costs and duties associated with the transportation of Inventory to distribution points. “Cost” does not include inventory capitalization costs or other non purchase price
charges used in the Borrowers’ calculation of cost of goods sold. 
 “Credit Card Agreements” shall mean
all agreements now or hereafter entered into by any Borrower or for the benefit of any Borrower, in each case with any Credit Card Issuer or any Credit Card Processor with respect to sales transactions involving credit card or debit card purchases,
including, but not limited to, the agreements set forth on Schedule 5.21(b) hereto. 
 “Credit Card
Issuer” shall mean any person (other than a Loan Party) who issues or whose members issue credit cards, including, without limitation, MasterCard or VISA bank credit or debit cards or other bank credit or debit cards issued through World
Financial Network National Bank, MasterCard International, Inc., Visa, U.S.A., Inc. or Visa International and American Express, Discover, Diners Club, Carte Blanche and other non-bank credit or debit cards, including, without limitation, credit or
debit cards issued by or through American Express Travel Related Services Company, Inc., Novus Services, Inc., PayPal and other issuers approved by the Administrative Agent. 

  
 12 

 “Credit Card Notifications” has the meaning provided in
Section 6.13(a)(ii). 
 “Credit Card Processor” shall mean any servicing or processing agent or any
factor or financial intermediary who facilitates, services, processes or manages the credit authorization, billing transfer and/or payment procedures with respect to any Borrower’s sales transactions involving credit card or debit card
purchases by customers using credit cards or debit cards issued by any Credit Card Issuer. 
 “Credit Card
Receivables” means each “Account” and “Payment Intangible” (as such terms are defined in the UCC) together with all income, payments and proceeds thereof, owed by a major credit or debit card issuer
(including, but not limited to, Visa, MasterCard and American Express and such other issuers approved by the Administrative Agent) to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such issuer in
connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business. 
 “Credit Extensions” mean each of the following: (a) a Borrowing and (b) an L/C Credit Extension. 
 “Customer Credit Liabilities” means at any time, the aggregate remaining value at such time of (a) outstanding gift certificates and gift cards of any Borrower entitling the holder
thereof to use all or a portion of the certificate or gift card to pay all or a portion of the purchase price for any Inventory, (b) outstanding merchandise credits of any Borrower, (c) layaway obligations of any Borrower, and
(d) liabilities in connection with frequent shopping programs of any Borrower. 
 “Customer Deposits” means
deposits made by customers with respect to the purchase of goods or the performance of services. 
 “Customer List and
Marketing Services Agreements” means agreements entered into from time to time by any of the Loan Parties with third parties pursuant to which such Loan Party leases its customer lists or provides marketing services to such third party,
including without limitation the agreements listed on Schedule 1.01(a), as such agreements may be amended, modified, replaced, extended or renewed from time to time; Schedule 1.01(a) lists each Customer List and Marketing Services
Agreement in respect of which the Receivables owing to the Borrowers in any Fiscal Year exceed $500,000 in the aggregate. 

“Customer List and Marketing Services Receivables” means all of the Receivables of any Borrower arising from Customer
List and Marketing Service Agreements. 
 “Customs Broker Agreement” means an agreement in substantially the
form attached hereto as Exhibit F among a Borrower, a customs broker or other carrier, and the Administrative Agent, in which the customs broker or other carrier acknowledges that it has control over and holds the documents evidencing
ownership of the subject Inventory for the benefit of the Administrative Agent and agrees, upon notice from the Administrative Agent, to hold and dispose of the subject Inventory solely as directed by the Administrative Agent. 

“DDA” means each checking, savings or other demand deposit account maintained by any of the Loan Parties. All funds in
each DDA (other than Excluded DDAs) shall be conclusively presumed to be Collateral and proceeds of Collateral and the Administrative Agent and the Lenders shall have no duty to inquire as to the source of the amounts on deposit in any DDA.

  
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 “DDA Notification” has the meaning provided therefor in
Section 6.17(e). 
 “Debtor Relief Laws” means the Bankruptcy Code of the United States, and all
other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the United States or other applicable jurisdictions from
time to time in effect and affecting the rights of creditors generally. 
 “Default” means any event or
condition that, with the giving of any notice, the passage of time, or both, would be an Event of Default. 
 “Default
Rate” means (a) when used with respect to Obligations other than Letter of Credit Fees, an interest rate equal to (i) the Base Rate plus (ii) the Applicable Margin, if any, applicable to Base Rate Loans, plus
(iii) two percent (2%) per annum; provided, that, with respect to a LIBO Rate Loan, the Default Rate shall be an interest rate equal to the interest rate (including any Applicable Margin) otherwise applicable to such Loan
plus two percent (2%) per annum, and (b) when used with respect to Letter of Credit Fees, a rate equal to the Applicable Margin for Standby Letters of Credit or Commercial Letters of Credit, as applicable, plus two percent
(2%) per annum. 
 “Defaulting Lender” means any Lender that (a) has failed to fund any portion of the
Committed Loans, participations in L/C Obligations or participations in Swing Line Loans required to be funded by it hereunder within one Business Day of the date required to be funded by it hereunder, (b) has otherwise failed to pay over to
the Administrative Agent or any other Lender any other amount required to be paid by it hereunder within one Business Day of the date when due, or (c) has been deemed insolvent or become the subject of a receivership, bankruptcy or insolvency
proceeding. 
 “Department Lessor” means a Person (other than a Loan Party) that owns and operates a department
or specialty store or other location and licenses space in such store to a Borrower. 
 “Deteriorating Lender”
means any Defaulting Lender or any Lender as to which (a) the L/C Issuer or the Swing Line Lender has a good faith belief that such Lender has defaulted in fulfilling its obligations under one or more other syndicated credit facilities, or
(b) a Person that Controls such Lender has been deemed insolvent or become the subject of a bankruptcy, insolvency or similar proceeding. 
 “Dilution Reserve” means, for any period, that percentage reasonably determined by the Administrative Agent by (a) dividing the amount of charge-offs of Eligible Trade Receivables
and Eligible Customer Service and Marketing Receivables and returns of goods purchased from the Borrowers during such period which had, at the time of sale, resulted in the creation of an Eligible Trade Receivable or an Eligible Customer Service and
Marketing Receivable, by (b) the amount of sales (exclusive of sales and other similar taxes) of the Borrowers during such period and thereafter. 
 “Disposition” or “Dispose” means the sale, transfer, license, lease or other disposition (including any sale and leaseback transaction and any sale, transfer, license or
other disposition of (whether in one transaction or in a series of transactions) of any property (including, without limitation, any Equity Interests) by any Person (or the granting of any option or other right to do any of the foregoing), including
any sale, assignment, transfer or other disposal, with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith. 
 “Disqualified Stock” means any Equity Interest that, by its terms (or by the terms of any security into which it is convertible, or for which it is exchangeable, in each case at the
option of the holder thereof), or upon the happening of any event, matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or redeemable at the option of the holder thereof, in whole or in part, on or

  
 14 

 
prior to the date that is 91 days after the date on which the Loans mature; provided, that, (a) only the portion of such Equity Interests which so matures or is mandatorily
redeemable, is so convertible or exchangeable or is so redeemable at the option of the holder thereof prior to such date shall be deemed to be Disqualified Stock and (b) with respect to any Equity Interests issued to any employee or to any plan
for the benefit of employees of the Lead Borrower or its Restricted Subsidiaries or by any such plan to such employees, such Equity Interest shall not constitute Disqualified Stock solely because it may be required to be repurchased by the Lead
Borrower or one of its Restricted Subsidiaries in order to satisfy applicable statutory or regulatory obligations or as a result of such employee’s termination, resignation, death or disability and if any class of Equity Interest of such Person
that by its terms authorizes such Person to satisfy its obligations thereunder by delivery of an Equity Interest that is not Disqualified Stock, such Equity Interests shall not be deemed to be Disqualified Stock. Notwithstanding the preceding
sentence, any Equity Interest that would constitute Disqualified Stock solely because the holders thereof have the right to require a Loan Party to repurchase such Equity Interest upon the occurrence of a change of control or an asset sale shall not
constitute Disqualified Stock. The amount of Disqualified Stock deemed to be outstanding at any time for purposes of this Agreement will be the maximum amount that the Lead Borrower and its Restricted Subsidiaries may become obligated to pay upon
maturity of, or pursuant to any mandatory redemption provisions of, such Disqualified Stock or portion thereof, plus accrued dividends. 
 “Dollars” and “$” mean lawful money of the United States. 
 “Domestic Holding Company” means any Domestic Subsidiary of the Borrowers that is treated as a disregarded entity for U.S. federal income tax purposes and all of its assets (other than
immaterial assets) consists of the ownership of the Equity Interests of one or more CFCs. 
 “Domestic
Subsidiary” means any Subsidiary that is organized under the laws of the United States of America, any State thereof or the District of Columbia (excluding, for the avoidance of doubt, any Subsidiary organized under the laws of Puerto Rico
or any other territory). 
 “Eligible Assignee” means (a) a Lender or any of its Affiliates; (b) a
bank, insurance company, or company engaged in the business of making commercial loans, which Person, together with its Affiliates, has a combined capital and surplus in excess of $250,000,000; (c) an Approved Fund; (d) any Person to whom
a Lender assigns its rights and obligations under this Agreement as part of an assignment and transfer of such Lender’s rights in and to a material portion of such Lender’s portfolio of asset based credit facilities, and (e) any other
Person (other than a natural person) approved by (i) the Administrative Agent, the L/C Issuer and the Swing Line Lender, and (ii) unless an Event of Default has occurred and is continuing, the Lead Borrower (each such approval not to be
unreasonably withheld or delayed); provided, that, notwithstanding the foregoing, “Eligible Assignee” shall not include a Loan Party or any of the Loan Parties’ Affiliates or Subsidiaries. 

“Eligible Credit Card Receivables” means at the time of any determination thereof, each Credit Card Receivable that at
all times satisfies the criteria set forth below as determined by the Administrative Agent in its Permitted Discretion and which has been earned by performance and represents the bona fide amounts due to a Borrower from a Credit Card Processor
and/or Credit Card Issuer, and in each case originated in the ordinary course of business of such Borrower. Without limiting the foregoing, in order to be an Eligible Credit Card Receivable, an Account shall indicate no Person other than a Borrower
as payee or remittance party. In determining the amount to be so included, the face amount of an Account shall be reduced by, without duplication, to the extent not reflected in such face amount, (a) the amount of all accrued and actual fees,
discounts, claims, credits or credits pending, promotional program allowances, price adjustments, finance charges or other allowances (including any amount that a Borrower may be obligated to rebate to a customer, a Credit Card Processor, or Credit
Card Issuer pursuant to the terms of 

  
 15 

 
any agreement or understanding (written or oral)) and (b) the aggregate amount of all cash received in respect of such Account but not yet applied by the Loan Parties to reduce the amount of
such Credit Card Receivable. Except as otherwise determined by the Administrative Agent in its Permitted Discretion, Eligible Credit Card Receivables shall not include any Credit Card Receivable: 

(i) which does not constitute an “Account” or “Payment Intangible”(as each is defined in the UCC);

 (ii) which is unpaid more than five (5) Business Days after the date of determination of eligibility thereof;

 (iii) payable other than in Dollars or Canadian Dollars; 

(iv) where such Credit Card Receivable or the underlying contract contravenes any laws, rules or regulations applicable thereto in any
material respect, including, rules and regulations relating to truth-in-lending, fair credit billing, fair credit reporting, equal credit opportunity, fair debt collection practices and privacy or any party to the underlying contract is in violation
of any such laws, rules or regulations in any material respect; 
 (v) which is not a valid, legally enforceable obligation of
the applicable Credit Card Issuer or Credit Card Processor with respect thereto; 
 (vi) (A) which is disputed, is with
recourse due to the creditworthiness of the cardholder, or with respect to which a claim, chargeback, offset, deduction or counterclaim, dispute or other defense has been asserted (to the extent of such claim, chargeback, offset, deduction or
counterclaim, dispute or other defense); or (B) to the extent to which it is subject to any present, or contingent (or any facts (i) exist to the knowledge of Administrative Agent or any Loan Party, or (ii) have been disclosed in the
course of any field examination or otherwise, which are the basis for any future) claim, chargeback, offset, deduction or counterclaim, dispute or other defense on the part of an Account Debtor; 

(vii) with respect to which a Borrower does not have good, valid and marketable title thereto, 

(viii) that is not subject to a perfected first priority security interest in favor of the Administrative Agent or that is subject to any
other Lien, other than Liens permitted under clauses (a), (e), (o) and (r) of the definition of Permitted Encumbrances and any other Liens with respect thereto permitted under this Agreement that are subject to an intercreditor agreement
in form and substance reasonably satisfactory to Administrative Agent between the holder of such Lien and Administrative Agent; 

(ix) which does not conform to all representations, warranties or other provisions in the Loan Documents relating to Credit Card
Receivables in all material respects, except (A) to the extent that such representations and warranties specifically refer to an earlier date, in which case they shall be true and correct as of such earlier date, and (B) in the case of any
representation and warranty qualified by “materiality”, “Material Adverse Effect” or similar language, they shall be true and correct in all respects; 
 (x) as to which the Credit Card Processor or Credit Card Issuer has the right under certain circumstances to require a Loan Party to repurchase such Credit Card Receivable from such Credit Card Processor
or Credit Card Issuer, as the case may be; 

  
 16 

 (xi) is due from a Credit Card Issuer or Credit Card Processor of the applicable credit
card which is the subject of any proceedings under a Debtor Relief Law; 
 (xii) which is evidenced by “chattel
paper” or an “instrument” of any kind unless such “chattel paper” or “instrument” is in the possession of the Administrative Agent, and to the extent necessary or appropriate, endorsed to
the Administrative Agent; or 
 (xiii) which the Administrative Agent determines in its Permitted Discretion to be uncertain of
collection or which do not meet such other eligibility criteria for Credit Card Receivables as the Administrative Agent may determine in its Permitted Discretion. 
 Any Credit Card Receivables that are not Eligible Credit Card Receivables shall nevertheless be part of the Collateral. 
 “Eligible In-Transit Inventory” means, as of any date of determination thereof, without duplication of other Eligible Inventory, In-Transit Inventory: 

(a) Which has been shipped from a foreign location for receipt by a Borrower, but which has not yet been delivered to such Borrower, which
In-Transit Inventory has been in transit for sixty (60) days or less from the date of shipment of such Inventory; 
 (b) For
which the purchase order is in the name of a Borrower and title and risk of loss has passed to such Borrower; 
 (c) For which an
Acceptable Document of Title has been issued, and in each case as to which the Administrative Agent has control (as defined in the UCC) over the documents of title which evidence ownership of the subject Inventory (such as, if requested by the
Administrative Agent, by the delivery of a Customs Broker Agreement with a carrier or freight forwarder); 
 (d) Which is insured
in accordance with the terms of this Agreement to the reasonable satisfaction of the Administrative Agent (including, without limitation, marine cargo insurance); 
 (e) the Foreign Vendor with respect to such In-Transit Inventory is an Approved Foreign Vendor; 
 (f) For which payment of the purchase price has been made by the Borrower or the purchase price is supported by a Commercial Letter of Credit; and 

(g) Which otherwise would constitute Eligible Inventory; 
 provided, that, the Administrative Agent may, in its discretion, exclude any particular Inventory from the definition of “Eligible In-Transit Inventory” in the event the
Administrative Agent determines that such Inventory is subject to any Person’s right or claim which is (or is capable of being) senior to, or pari passu with, the Lien of the Administrative Agent (such as, without limitation, a right of
stoppage in transit) or may otherwise adversely impact the ability of the Administrative Agent to realize upon such Inventory. 
 Any Inventory
that is not Eligible In-Transit Inventory shall nevertheless be part of the Collateral. 

  
 17 

 “Eligible Inventory” means, as of the date of determination thereof,
without duplication, (a) Eligible In-Transit Inventory, and (b) items of Inventory of a Borrower that are finished goods, merchantable and readily saleable to the public in the ordinary course of the Borrowers’ business deemed by the
Administrative Agent in its Permitted Discretion to be eligible for inclusion in the calculation of the Borrowing Base, in each case that, except as otherwise agreed by the Administrative Agent, (i) complies with each of the representations and
warranties respecting Inventory made by the Borrowers in the Loan Documents (except to the extent that such representations and warranties specifically refer to an earlier date, in which case they shall be true and correct as of such earlier date,
and except in the case of any such representation and warranty qualified by “materiality”, “Material Adverse Effect” or similar language, which shall be true and correct in all respects), and (ii) is not excluded as
ineligible by virtue of one or more of the criteria set forth below. Except as otherwise agreed by the Administrative Agent, in its Permitted Discretion, the following items of Inventory shall not be included in Eligible Inventory: 

(A) Inventory that is not solely owned by a Borrower or a Borrower does not have good and valid title thereto; 

(B) Inventory that is leased by or is on consignment to a Borrower or which is consigned by a Borrower to a Person which is not a Loan
Party; 
 (C) Inventory (other than Eligible In-Transit Inventory) that is not located in the United States of America
(excluding territories or possessions of the United States) and Canada at a location that is owned or leased by a Borrower, except (i) Inventory in transit between such owned or leased locations, or (ii) to the extent that the Borrowers
have furnished the Administrative Agent with (A) any UCC or PPSA financing statements or other documents that the Administrative Agent may determine in its Permitted Discretion to be necessary to perfect its security interest in such Inventory
at such location, and (B) a Collateral Access Agreement executed by the Person owning any such location on terms reasonably acceptable to the Administrative Agent unless the Administrative Agent has established an Availability Reserve with
respect to such location; 
 (D) Inventory that is located in a distribution center leased by a Borrower unless the applicable
lessor has delivered to the Administrative Agent a Collateral Access Agreement or the Administrative Agent has established an Availability Reserve with respect to such distribution center; 

(E) Inventory that is comprised of goods which (i) are damaged, defective, “seconds,” or otherwise unmerchantable,
(ii) are to be returned to the vendor, (iii) are obsolete or slow moving, or custom items, work in process, raw materials, or that constitute spare parts, promotional, marketing, packaging and shipping materials or supplies used or
consumed in a Borrower’s business, (iv) are seasonal in nature and which have been packed away for sale in the subsequent season, except in the ordinary course of business of such Borrower, (v) are not in material compliance with all
standards imposed by any Governmental Authority having regulatory authority over such Inventory, its use or sale, or (vi) are bill and hold goods; 
 (F) Inventory that is not subject to a perfected first priority security interest in favor of the Administrative Agent or that is subject to any other Lien, other than Liens permitted under clauses (a),
(b), (p) and (r) of the definition of Permitted Encumbrances and any other Liens with respect thereto permitted under this Agreement that are subject to an intercreditor agreement in form and substance reasonably satisfactory to
Administrative Agent between the holder of such Lien and Administrative Agent; 
 (G) Inventory that consists of samples,
labels, bags, packaging, and other similar non-merchandise categories; 

  
 18 

 (H) Inventory that is not insured in compliance with the provisions of
Section 5.10 hereof; 
 (I) Inventory that has been sold but not yet delivered or as to which a Borrower has
accepted a deposit; 
 (J) Inventory that is subject to any licensing, patent, royalty, trademark, trade name or copyright
agreement with any third party (1) from which any Borrower or any of its Restricted Subsidiaries has received notice of a dispute in respect of any such agreement, provided, that, only Inventory which is the subject of such
dispute shall be deemed ineligible by Administrative Agent in its Permitted Discretion or (2) unless Administrative Agent determines in its Permitted Discretion that it may sell or otherwise dispose of such Inventory without (a) infringing
the rights of such licensor, (b) violating any contract with such licensor, or (c) incurring any liability with respect to payment of royalties other than royalties incurred pursuant to sale of such Inventory under the current licensing
agreement; 
 (K) Inventory located in a Leased Department in the event that the Leased Department Agreement with respect to
such location, permits the applicable Borrower to file a UCC or PPSA financing statement against the Department Lessor, evidencing Borrower’s ownership of such Inventory and Borrower fails to file and maintain such UCC and PPSA Financing
Statements; 
 (L) Inventory acquired in a Permitted Acquisition or which is not of the type usually sold in the ordinary course
of the Borrowers’ business, unless and until the Administrative Agent has completed or received (i) an appraisal of such Inventory from appraisers reasonably satisfactory to the Administrative Agent and establishes an Inventory Advance
Rate and Inventory Reserves (if applicable) therefor, and otherwise agrees that such Inventory shall be deemed Eligible Inventory, and (ii) such other due diligence as the Administrative Agent may require, all of the results of the foregoing to
be reasonably satisfactory to the Administrative Agent (provided, that, it is agreed that so long as the Administrative Agent has received at least forty-five (45) days prior notice of such Permitted Acquisition and the Loan
Parties reasonably cooperate (and cause the Person being acquired to reasonably cooperate) with the Administrative Agent, the Administrative Agent shall use reasonable efforts to complete such due diligence, engage a third party appraiser and
complete such appraisal on or prior to the closing date of such Permitted Acquisition). 
 Any Inventory that is not Eligible Inventory shall
nevertheless be part of the Collateral. 
 “Eligible LC Inventory” shall mean Inventory that would otherwise be
Eligible Inventory (other than for its location) that as to which: (a) the Inventory is purchased with and subject to a Letter of Credit, (b) the Inventory is then in transit (whether by vessel, air or land) from a location outside of the
continental United States of America to a location permitted hereunder and for which Administrative Agent shall have received such evidence thereof as Administrative Agent may require, (c) the title of the Inventory has passed to, and such
Inventory is owned by, a Borrower and for which Administrative Agent shall have received such evidence thereof as Administrative Agent may require, (d) Administrative Agent has received each of the following: (i) a Customs Broker
Agreement, duly authorized, executed and delivered by the Customs Broker handling the shipping and delivery of such Inventory, (ii) a copy of the certificate of marine cargo insurance in connection therewith in which it has been named as an
additional insured and loss payee in a manner reasonably acceptable to Administrative Agent and (iii) a copy of the invoice and manifest with respect thereto, (e) the Inventory is either (A) subject to a negotiable bill of lading:
(1) that is consigned to a Borrower (unless and until such time as Administrative Agent shall require that the same be consigned to Administrative Agent, then thereafter, that is consigned to Administrative Agent either directly or by means of
endorsements), (2) that was issued by the carrier in 

  
 19 

 
respect of such Inventory and (3) is either in the possession of the Customs Broker or the subject of a telefacsimile copy that Administrative Agent has received from the issuer of the
Letter of Credit Accommodation and as to which Administrative Agent has also received confirmation from such issuer that such document is in transit to Administrative Agent or a Customs Broker or (B) subject to a negotiable cargo receipt and is
not the subject of a bill of lading (other than a negotiable bill of lading consigned to, and in the possession of a consolidator or Administrative Agent, or their respective agents) and such negotiable cargo receipt is (1) consigned to a
Borrower (unless and until such time as Administrative Agent shall require that the same be consigned to Administrative Agent, then thereafter, that is consigned to Administrative Agent either directly or by means of endorsements), (2) issued
by a consolidator in respect of such Inventory and (3) either in the possession of Administrative Agent or a Customs Broker or the subject of a telefacsimile copy that Administrative Agent has received from the issuer of the Letter of Credit
Accommodation and as to which Administrative Agent has also received a confirmation from such issuer that such document is in transit to Administrative Agent or a Customs Broker. 
 Any Inventory that is not Eligible LC Inventory shall nevertheless be part of the Collateral. 
 “Eligible Real Estate” means the Headquarters Facility, and any other Real Estate deemed by the Administrative Agent in its Permitted Discretion to be eligible for inclusion in the
calculation of the Tranche A Borrowing Base and which except as otherwise agreed by the Administrative Agent, in its Permitted Discretion satisfies all of the following conditions: 

(a) A Borrower owns such Real Estate in fee simple absolute; 
 (b) The Administrative Agent shall have received evidence that all actions that the Administrative Agent may reasonably deem necessary or appropriate in order to create valid first and subsisting Liens
(subject only to Permitted Encumbrances which have priority over the Lien of the Administrative Agent by operation of Law or otherwise reasonably acceptable to the Administrative Agent) on the property described in the Mortgages has been taken.

 (c) The Administrative Agent shall have received an appraisal (based upon Appraised Value) of such Real Estate complying with
the requirements of FIRREA by a third party appraiser reasonably acceptable to the Administrative Agent and otherwise in form and substance reasonably satisfactory to the Administrative Agent; and 

(d) The Real Estate Eligibility Requirements have been satisfied. 
 “Eligible Receivables” means (x) Customer List and Marketing Services Receivables owing to any Borrower or (y) Leased Department Receivables owing to any Borrower, in each case,
deemed by the Administrative Agent in its discretion to be eligible for inclusion in the calculation of the Borrowing Base that satisfy the following criteria at the time of creation and continues to meet the same at the time of such determination:
such Customer List and Marketing Receivable or Leased Department Receivable, as the case may be (i) has been earned by performance and represents the bona fide amounts due to a Borrower from an Account Debtor or a Department Lessor, as the case
may be, and in each case originated in the ordinary course of business of such Borrower, and (ii) in each case is acceptable to the Administrative Agent in its Permitted Discretion, and is not ineligible for inclusion in the calculation of the
Borrowing Base pursuant to any of clauses (A) through (V) below. Without limiting the foregoing, to qualify as an Eligible Receivable, such Customer List and Marketing Receivable or Leased Department Receivable, as the case may be shall
indicate no Person other than a Borrower as payee or remittance party. In determining the amount to be so included, the face amount of such Receivable shall be reduced by, without duplication, to the extent not reflected in such face amount,
(i) the amount of all accrued and 

  
 20 

 
actual discounts, claims, credits or credits pending, promotional program allowances, price adjustments, finance charges or other allowances (including any amount that a Borrower may be obligated
to rebate to a customer pursuant to the terms of any agreement or understanding (written or oral)) and (ii) the aggregate amount of all cash received in respect of such Account but not yet applied by the Borrowers to reduce the amount of such
Eligible Receivable. Except as otherwise agreed by the Administrative Agent, any such Customer List and Marketing Receivable or Leased Department Receivable, as the case may be included within any of the following categories shall not constitute an
Eligible Receivable: 
 (A) any Customer List and Marketing Receivable not evidenced by an invoice, or (ii) any Leased
Department Receivable that is not reported to the satisfaction of Administrative Agent in its Permitted Discretion; 
 (B) (1)
if arising under clause (x) above, that have been outstanding for more than ninety (90) days from the date of sale or more than sixty (60) days past the due date or (2) if arising under clause (y) above, that have been
outstanding for more than thirty (30) days from the date of sale or more than fifteen (15) days past the due date; 

(C) owed by an Account Debtor (or its Affiliates) where 50% or more of all Accounts owed by that Account Debtor (or its Affiliates) are
deemed ineligible in clause (B) above; 
 (D) with respect to which a Borrower does not have good, valid and marketable
title thereto 
 (E) that is not subject to a perfected first priority security interest in favor of the Administrative Agent or
that is subject to any other Lien, other than Liens permitted under clauses (a), (e), and (r) of the definition of Permitted Encumbrances and any other Liens with respect thereto permitted under this Agreement that are subject to an
intercreditor agreement in form and substance reasonably satisfactory to Administrative Agent between the holder of such Lien and Administrative Agent; 
 (F) which are disputed or with respect to which a claim, counterclaim, offset or chargeback has been asserted, but only to the extent of such dispute, counterclaim, offset or chargeback; 

(G) which arise out of any sale made not in the ordinary course of business, made on a basis other than upon credit terms usual to the
business of the Borrowers or are not payable in Dollars or Canadian Dollars; 
 (H) [Reserved]; 

(I) which are owed by any Affiliate or any employee of a Loan Party; 

(J) for which all material consents, approvals or authorizations of, or registrations or declarations with any Governmental Authority
required to be obtained, effected or given in connection with the performance of such Account by the Account Debtor or in connection with the enforcement of such Account by the Administrative Agent have not been duly obtained, effected or given and
are not in full force and effect; 

  
 21 

 (K) due from an Account Debtor which is the subject of any proceeding under any Debtor
Relief Laws, has had a trustee or receiver appointed for all or a substantial part of its property, has made an assignment for the benefit of creditors or has suspended its business; 

(L) due from any Governmental Authority except to the extent that the subject Account Debtor is the federal government of the United
States of America and has complied with the Federal Assignment of Claims Act of 1940 and any similar state legislation or is the federal government of Canada and has complied with the Financial Administration Act (Canada) and any similar provincial
legislation; 
 (M) (1) owing from any Person that is also a supplier to or creditor of a Loan Party or any of its Restricted
Subsidiaries unless such Person has waived any right of setoff in a manner acceptable to the Administrative Agent in its Permitted Discretion or (2) representing any manufacturer’s or supplier’s credits, discounts, incentive plans or
similar arrangements entitling a Loan Party or any of its Restricted Subsidiaries to discounts on future purchase therefrom; 

(N) arising out of sales on a bill-and-hold, guaranteed sale, sale-or-return, sale on approval or consignment basis or subject to any
right of return, set off or charge back; 
 (O) arising out of sales to Foreign Account Debtors other than those amounts arising
out of sales to Foreign Account Debtors in Approved Foreign Jurisdictions (provided, that, the maximum aggregate Dollar amount of all such Receivables owing by all Account Debtors located in Approved Foreign Jurisdictions and deemed
Eligible Receivables and Eligible Trade Receivables included in the Borrowing Base at any time shall not exceed $1,000,000 or such greater amount as the Administrative Agent shall otherwise agree in its Permitted Discretion), provided, further, that
if such Foreign Account Debtor (i) is not located in an Approved Foreign Jurisdiction (or the maximum amount which may be included in the Borrowing Base as set forth above would be exceeded whether as a result of the Receivables owing by one or
more Foreign Account Debtors), or (ii) is the government of any foreign country or sovereign state, or of any state or public corporation or other instrumentality thereof, then in each case, such Receivable shall be deemed eligible pursuant to
this clause (O) in the event that either (1) the Receivable is supported by an irrevocable letter of credit reasonably satisfactory to Administrative Agent in its Permitted Discretion (as to form, substance (including amount), and issuer
or domestic confirming bank), or (2) the Receivable is covered by credit insurance in form, substance, and amount, and by an insurer, satisfactory to Administrative Agent determined in its Permitted Discretion; provided, that, if
such Receivable is owed by a Foreign Account Debtor in an Approved Foreign Jurisdiction without a letter of credit or credit insurance in support of such Receivable, then promptly upon Administrative Agent’s request, each Borrower shall execute
and deliver, or cause to be executed and delivered, such other agreements, documents and instruments as may be required by Administrative Agent in its Permitted Discretion to perfect the security interests of Administrative Agent in those Accounts
of Foreign Account Debtors and take or cause to be taken such other and further actions as Administrative Agent may request to enable Administrative Agent as secured party with respect thereto to collect such Accounts under such applicable laws;
notwithstanding the foregoing, Borrower may request that Administrative Agent consider the inclusion of Receivables owed by Foreign Account Debtors which do not meet the eligibility criteria set forth in this clause (O), and Administrative Agent
agrees that it shall consider the eligibility of those Receivables, on a case by case basis in its Permitted Discretion; 
 (P)
payable other than in Dollars or Canadian Dollars or that are otherwise on terms other than those normal and customary in the Loan Parties’ business; 
 (Q) evidenced by a promissory note or other instrument; 

  
 22 

 (R) consisting of amounts due from vendors as rebates or allowances; 

(S) which are in excess of the credit limit for such Account Debtor established by the Loan Parties in the ordinary course of business
and consistent with practices of the Loan Parties in effect on the Closing Date; 
 (T) which include extended payment terms
(datings) beyond those generally furnished to other Account Debtors in the ordinary course of business; 
 (U) which constitute
Credit Card Receivables or Accounts which constitute Eligible Trade Receivables; 
 (V) with respect to which there exists a
material breach under the applicable Customer List and Marketing Agreement or Leased Department Agreement (or such agreement has been terminated) pursuant to which such Receivable was created; 

(W) which the Administrative Agent determines in its Permitted Discretion to be uncertain of collection or which do not meet such other
eligibility criteria for Eligible Credit Card Receivables as the Administrative Agent may determine in its Permitted Discretion. 
 Any
Receivables that are not Eligible Receivables shall nevertheless be part of the Collateral. 
 “Eligible Trade
Receivables” means Accounts created by any Borrower arising out of the sale of finished goods Inventory other than to retail customers deemed by the Administrative Agent in its discretion to be eligible for inclusion in the calculation of
the Borrowing Base arising from the sale of the Borrowers’ Inventory (other than those consisting of Credit Card Receivables, Customer and Marketing Services Receivables, and Leased Department Receivables) that satisfy the following criteria at
the time of creation and continue to meet the same at the time of such determination: such Account (a) has been earned by performance and represent the bona fide amounts due to a Borrower from an Account Debtor, and in each case originated in
the ordinary course of business of such Borrower, and (b) in each case is acceptable to the Administrative Agent in its Permitted Discretion, and is not ineligible for inclusion in the calculation of the Borrowing Base pursuant to any of
clauses (a) through (s) below. Without limiting the foregoing, to qualify as an Eligible Trade Receivable, an Account shall indicate no Person other than a Borrower as payee or remittance party. In determining the amount to be so included,
the face amount of an Account shall be reduced by, without duplication, to the extent not reflected in such face amount, (i) the amount of all accrued and actual discounts, claims, credits or credits pending, promotional program allowances,
price adjustments, finance charges or other allowances (including any amount that a Borrower may be obligated to rebate to a customer pursuant to the terms of any agreement or understanding (written or oral)) and (ii) the aggregate amount of
all cash received in respect of such Account but not yet applied by the Borrowers to reduce the amount of such Eligible Trade Receivable. Except as otherwise agreed by the Administrative Agent, any Account included within any of the following
categories shall not constitute an Eligible Trade Receivable: 
 (A) that are not evidenced by an invoice; 

(B) that have been outstanding for more than ninety (90) days from the date of sale or more than sixty (60) days past the due
date; 

  
 23 

 (C) owed by an Account Debtor (or its Affiliates) where 50% or more of all Accounts owed by
that Account Debtor (or its Affiliates) are deemed ineligible in clause (B), above. 
 (D) with respect to which a Borrower does
not have good, valid and marketable title thereto; 
 (E) that is not subject to a perfected first priority security interest in
favor of the Administrative Agent or that is subject to any other Lien, other than Liens permitted under clauses (a), (e), and (r) of the definition of Permitted Encumbrances and any other Liens with respect thereto permitted under this
Agreement that are subject to an intercreditor agreement in form and substance reasonably satisfactory to Administrative Agent between the holder of such Lien and Administrative Agent; 

(F) which are disputed or with respect to which a claim, counterclaim, offset or chargeback has been asserted, but only to the extent of
such dispute, counterclaim, offset or chargeback; 
 (G) which arise out of any sale made not in the ordinary course of
business, made on a basis other than upon credit terms usual to the business of the Borrowers or are not payable in Dollars or Canadian Dollars; 
 (H) [Reserved]; 
 (I) which are owed by any Affiliate or any employee of a Loan
Party; 
 (J) for which all material consents, approvals or authorizations of, or registrations or declarations with any
Governmental Authority required to be obtained, effected or given in connection with the performance of such Account by the Account Debtor or in connection with the enforcement of such Account by the Administrative Agent have not been duly obtained,
effected or given and are not in full force and effect; 
 (K) due from an Account Debtor which is the subject of any proceeding
under any Debtor Relief Laws, has had a trustee or receiver appointed for all or a substantial part of its property, has made an assignment for the benefit of creditors or has suspended its business; 

(L) due from any Governmental Authority except to the extent that the subject Account Debtor is the federal government of the United
States of America and has complied with the Federal Assignment of Claims Act of 1940 and any similar state legislation and has complied with the Federal Assignment of Claims Act of 1940 and any similar state legislation or is the federal government
of Canada and has complied with the Financial Administration Act (Canada) and any similar provincial legislation; 
 (M) (1)
owing from any Person that is also a supplier to or creditor of a Loan Party or any of its Restricted Subsidiaries unless such Person has waived any right of setoff in a manner acceptable to the Administrative Agent in its Permitted Discretion or
(2) representing any manufacturer’s or supplier’s credits, discounts, incentive plans or similar arrangements entitling a Loan Party or any of its Restricted Subsidiaries to discounts on future purchase therefrom; 

  
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 (N) arising out of sales on a bill-and-hold, guaranteed sale, sale-or-return, sale on
approval or consignment basis or subject to any right of return, set off or charge back; 
 (O) arising out of sales to Foreign
Account Debtors other than those amounts arising out of sales to Foreign Account Debtors in Approved Foreign Jurisdictions (provided, that, the maximum aggregate Dollar amount of all such Receivables owing by all Account Debtors located in Approved
Foreign Jurisdictions and deemed Eligible Receivables and Eligible Trade Receivables included in the Borrowing Base at any time shall not exceed $1,000,000 or such greater amount as the Administrative Agent shall otherwise agree in its Permitted
Discretion), provided, further, that if such Foreign Account Debtor (i) is not located in an Approved Foreign Jurisdiction (or the maximum amount which may be included in the Borrowing Base as set forth above would be exceeded whether as a
result of the Receivables owing by one or more Foreign Account Debtors), or (ii) is the government of any foreign country or sovereign state, or of any state or public corporation or other instrumentality thereof, then in each case, such
Receivable shall be deemed eligible pursuant to this clause (O) in the event that either (1) the Receivable is supported by an irrevocable letter of credit reasonably satisfactory to Administrative Agent in its Permitted Discretion (as to
form, substance (including amount), and issuer or domestic confirming bank), or (2) the Receivable is covered by credit insurance in form, substance, and amount, and by an insurer, satisfactory to Administrative Agent determined in its
Permitted Discretion; provided, that, if such Receivable is owed by a Foreign Account Debtor in an Approved Foreign Jurisdiction without a letter of credit or credit insurance in support of such Receivable, then promptly upon Administrative
Agent’s request, each Borrower shall execute and deliver, or cause to be executed and delivered, such other agreements, documents and instruments as may be required by Administrative Agent in its Permitted Discretion to perfect the security
interests of Administrative Agent in those Accounts of Foreign Account Debtors and take or cause to be taken such other and further actions as Administrative Agent may request to enable Administrative Agent as secured party with respect thereto to
collect such Accounts under such applicable laws; notwithstanding the foregoing, Borrower may request that Administrative Agent consider the inclusion of Receivables owed by Foreign Account Debtors which do not meet the eligibility criteria set
forth in this clause (O), and Administrative Agent agrees that it shall consider the eligibility of those Receivables, on a case by case basis in its Permitted Discretion; 
 (P) [Reserved]; 
 (Q) evidenced by a promissory note or other instrument;

 (R) consisting of amounts due from vendors as rebates or allowances; 

(S) which are in excess of the credit limit for such Account Debtor established by the Loan Parties in the ordinary course of business
and consistent with practices of the Loan Parties in effect on the Closing Date; 
 (T) which include extended payment terms
(datings) beyond those generally furnished to other Account Debtors in the ordinary course of business; 
 (U) which constitute
Credit Card Receivables, Leased Department Receivables or Customer List and Marketing Agreement Receivables or 
 (V) which the
Administrative Agent determines in its Permitted Discretion to be uncertain of collection or which do not meet such other eligibility criteria for Eligible Trade Receivables as the Administrative Agent may determine in its Permitted Discretion.

  
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 Any Receivables that are not Eligible Trade Receivables shall nevertheless be part of the Collateral.

 “Environmental Compliance Reserve” means, with respect to Eligible Real Estate, any reserve which
Administrative Agent, from time to time in its Permitted Discretion establishes for estimable amounts that are reasonably likely to be expended by any of the Loan Parties in order for such Loan Party and its operations and property (a) to
comply with any notice from a Governmental Authority asserting non-compliance with Environmental Laws, or (b) to correct any such non-compliance with Environmental Laws or to provide for any Environmental Liability. 

“Environmental Laws” means any and all Federal, provincial, state, local, and foreign statutes, laws, regulations,
ordinances, rules, judgments, orders, decrees, permits, concessions, grants, franchises, licenses, agreements or governmental restrictions relating to pollution or the protection of human health or the environment (including ambient air, surface
water, ground water, land surface, or subsurface strata), or emissions, discharges, releases, or threatened releases of, or the manufacture, processing, distribution, use, treatment, storage, disposal, transport, or handling of (i) any
hazardous substance, hazardous material, hazardous waste, regulated substance, or toxic substance and (ii) any chemicals, pollutants, contaminants, petroleum, petroleum products, or oil, asbestos-containing materials and any polychlorinated
biphenyls. 
 “Environmental Liability” means any liability, obligation, damage, loss, claim, action, suit,
judgment, order, fine, penalty, fee, expense, or cost, contingent or otherwise (including any liability for damages, costs of environmental remediation, fines, penalties or indemnities), of any Borrower, any other Loan Party or any of their
respective Restricted Subsidiaries directly or indirectly resulting from or based upon (a) violation of any Environmental Law, (b) the generation, use, handling, transportation, storage, treatment or disposal or presence of any Hazardous
Materials, (c) exposure to any Hazardous Materials, (d) the release or threatened release of any Hazardous Materials into the environment or (e) any contract, agreement or other consensual arrangement pursuant to which liability is
assumed or imposed with respect to any of the foregoing. 
 “Equipment” has the meaning set forth in the UCC.

 “Equity Interests” means, with respect to any Person, all of the shares of capital stock of (or other
ownership or profit interests in) such Person, all of the warrants, options or other rights for the purchase or acquisition from such Person of shares of capital stock of (or other ownership or profit interests in) such Person, all of the securities
convertible into or exchangeable for shares of capital stock of (or other ownership or profit interests in) such Person or warrants, rights or options for the purchase or acquisition from such Person of such shares (or such other interests), and all
of the other ownership or profit interests in such Person (including partnership, member or trust interests therein), whether voting or nonvoting, and whether or not such shares, warrants, options, rights or other interests are outstanding on any
date of determination. 
 “ERISA” means the Employee Retirement Income Security Act of 1974. 

“ERISA Affiliate” means any trade or business (whether or not incorporated) under common control with the Lead Borrower
within the meaning of Section 414(b) or (c) of the Code (and Sections 414(m) and (o) of the Code for purposes of provisions relating to Section 412 of the Code). 

“ERISA Event” means (a) a Reportable Event with respect to a Pension Plan; (b) a withdrawal by the Lead
Borrower or any ERISA Affiliate from a Pension Plan subject to Section 4063 of ERISA during a plan year in which it was a substantial employer (as defined in Section 4001(a)(2) of ERISA) or a cessation of operations that is treated as such
a withdrawal under Section 4062(e) of ERISA; (c) a 

  
 26 

 
complete or partial withdrawal by the Lead Borrower or any ERISA Affiliate from a Multiemployer Plan or notification that a Multiemployer Plan is in reorganization; (d) the filing of a
notice of intent to terminate, the treatment of a Plan amendment as a termination under Sections 4041 or 4041A of ERISA, or the commencement of proceedings by the PBGC to terminate a Pension Plan or Multiemployer Plan; (e) an event or condition
which constitutes grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Pension Plan or Multiemployer Plan; or (f) the imposition of any liability under Title IV of ERISA, other than
for PBGC premiums due but not delinquent under Section 4007 of ERISA, upon the Lead Borrower or any ERISA Affiliate. 

“Event of Default” has the meaning specified in Section 8.01. An Event of Default shall be deemed to be
continuing unless and until that Event of Default has been duly waived as provided in Section 10.01 hereof. 

“Excess Availability” means, as of any date of determination thereof by the Administrative Agent, the result, if a
positive number, of: (a) The Loan Cap minus (b) the aggregate unpaid balance of Credit Extensions to, or for the account of, the Borrowers. 
 “Excluded DDAs” means any DDA exclusively used (a) for trust, payroll, payroll taxes and other employee wage and benefit payments to or for the benefit of any Borrower’s or
Guarantor’s employees, or (b) after the incurrence of Permitted Term Loan Indebtedness, to hold proceeds of Term Loan Priority Collateral, subject to the Term Loan Intercreditor Agreement, unless and until the release of the Lien therein
of the Term Loan Agent. 
 “Excluded Subsidiary” means (a) any Subsidiary that is prohibited by applicable
law, regulation or contractual obligation from guaranteeing or providing collateral for the Obligations (only to the extent such prohibition is applicable and not rendered ineffective) or would require a governmental (including regulatory) consent,
approval, license or authorization in order to provide such guarantee, (b) any Domestic Holding Company, (c) any CFC and any direct or indirect Domestic Subsidiary of such CFC and (d) any Subsidiary that is not a Wholly-Owned
Subsidiary. 
 “Excluded Taxes” means, with respect to the Administrative Agent, any Lender, any LC Issuer or
any other recipient of any payment to be made by or on account of any obligation of the Loan Parties hereunder, (a) any tax imposed on or measured by, in whole or in part, the revenue, net income, net profits, net assets, capital or net worth
of, and franchise taxes imposed on, any Lender or any Participant (including any branch profits taxes), in each case imposed by the jurisdiction (or by any political subdivision or taxing authority thereof) (i) in which such Lender or such
Participant is organized (ii) in which such Lender’s or such Participant’s principal office is located, (iii) in which such Lender or such Participant is doing business, including, branch profits taxes and branch interest taxes
(other than solely as a result of entering into any Loan Document or taking any action contemplated thereunder), (iv) in which it has a present or former connection other than as a result of the Loan Documents or taking any action contemplated
thereunder or (v) in the case of any Foreign Lender, in which its applicable Lending Office is located, in each case as a result of a present or former connection between such Lender or such Participant and the jurisdiction or taxing authority
imposing the tax (other than any such connection arising solely from such Lender or such Participant having executed, delivered or performed its obligations or received payment under, or enforced its rights or remedies under the Agreement or any
other Loan Document); (b) taxes resulting from a Lender’s or a Participant’s failure to comply with the requirements of Section 3.01(e), (c) any branch profits taxes imposed by the United States or any similar tax
imposed by any other jurisdiction in which any Borrower is located, (d) in the case of a Foreign Lender, any United States federal withholding taxes imposed on amounts payable to such Foreign Lender as a result of such Foreign Lender’s
failure to comply with FATCA to establish a complete exemption from withholding thereunder, and (e) any United States federal withholding taxes that would be imposed 

  
 27 

 
on amounts payable to a Foreign Lender based upon the applicable withholding rate in effect at the time such Foreign Lender becomes a party to the Agreement (or designates a new lending office),
except that Taxes shall include (1) any amount that such Foreign Lender (or its assignor, if any) was previously entitled to receive pursuant to Section 3.01(e), if any, with respect to such withholding tax at the time such Foreign
Lender becomes a party to the Agreement (or designates a new lending office), and (2) additional United States federal withholding taxes that may be imposed after the time such Foreign Lender becomes a party to the Agreement (or designates a
new lending office), as a result of a Change in Law. 
 “Executive Order” has the meaning set forth in
Section 10.18. 
 “Existing Credit Agreements” means, collectively, the Existing ABL Credit
Agreement and the Existing Term Loan Credit Agreement. 
 “Existing ABL Agent” means Bank of America, N.A., as
administrative agent and collateral agent under the Existing ABL Credit Agreement. 
 “Existing ABL Credit
Agreement” means the Second Amended and Restated Loan and Security Agreement dated March 13, 2007, among the Borrowers, Guarantor, Existing ABL Agent and the lenders party thereto. 

“Existing Term Loan Agent” means Bank of America, N.A., as administrative agent and collateral agent under the Existing
Term Loan Credit Agreement. 
 “Existing Term Loan Credit Agreement” means the Term Loan and Security Agreement
dated March 13, 2007, among the Borrowers, Guarantor, Existing Term Loan Agent and the lenders party thereto. 

“Extraordinary Receipt” means any cash received by or paid to or for the account of any Loan Party not in the ordinary
course of business, including tax refunds, pension plan reversions, proceeds of insurance (other than proceeds of business interruption insurance to the extent such proceeds constitute compensation for lost earnings), condemnation awards (and
payments in lieu thereof), indemnity payments and any purchase price adjustments. 
 “Facility Guaranty” means
the Guaranty made by the Guarantors in favor of the Administrative Agent and the other Secured Parties, in form reasonably satisfactory to the Administrative Agent. 
 “Factored Receivables” means any Accounts of a Loan Party which have been factored or sold by an Account Debtor of a Loan Party to Wells Fargo or any of its Affiliates pursuant to a
factoring arrangement or otherwise. 
 “FATCA” means current Sections 1471 through 1474 of the Code, as of the
date of this Agreement (or any amended or successor version that is that is substantively comparable and not materially more burdensome to comply with), any current or future regulations or official interpretations thereof and any agreements entered
into pursuant to Section 1471(b)(1) of the Code. 
 “Federal Funds Rate” means, for any day, the rate per
annum equal to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the Business
Day next succeeding such day; provided, that, (a) if such day is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next preceding Business Day as so

  
 28 

 
published on the next succeeding Business Day, and (b) if no such rate is so published on such next succeeding Business Day, the Federal Funds Rate for such day shall be the average rate
(rounded upward, if necessary, to a whole multiple of 1/100 of 1%) charged to Wells Fargo on such day on such transactions as determined by the Administrative Agent. 
 “Fee Letter” means the letter agreement, dated of even date herewith, among the Lead Borrower, the Administrative Agent and the Arranger. 

“FIRREA” means the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as amended from time to time.

 “Fiscal Month” means any fiscal month of any Fiscal Year, each of which ends on the last day of each calendar
month in accordance with the fiscal accounting calendar of the Loan Parties, subject to change in accordance with Section 7.13. 
 “Fiscal Quarter” means any fiscal quarter of any Fiscal Year, each of which ends on the last day of each December, March, June and September of such Fiscal Year in accordance with the
fiscal accounting calendar of the Loan Parties, subject to change in accordance with Section 7.13. 
 “Fiscal
Year” means any period of twelve consecutive months ending on September 30th of any calendar year, subject to change in accordance with Section 7.13. 
 “Foreign Account Debtor” means an Account Debtor which (i) does not maintain its chief executive office in the United States, Puerto Rico or Canada, and (B) is not organized
under the laws of the United States, Puerto Rico, or Canada, or any state or province thereof. 
 “Foreign Asset Control
Regulations” has the meaning set forth in Section 10.18. 
 “Foreign Lender” means any
Lender that is organized under the laws of a jurisdiction other than that in which the Lead Borrower is resident for tax purposes. For purposes of this definition, the United States, each State thereof and the District of Columbia shall be deemed to
constitute a single jurisdiction. 
 “Foreign Vendor” means a Person that sells In-Transit Inventory to a
Borrower. 
 “Foreign Vendor Agreement” means an agreement between a Foreign Vendor and the Administrative Agent
in form and substance reasonably satisfactory to the Administrative Agent and pursuant to which, among other things, the parties shall agree upon their relative rights with respect to In-Transit Inventory of a Borrower purchased from such Foreign
Vendor. 
 “Formation” means the creation of any Person by a Loan Party of any of its Subsidiaries. 

“FRB” means the Board of Governors of the Federal Reserve System of the United States. 

“Fund” means any Person (other than a natural person) that is (or will be) engaged in making, purchasing, holding or
otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its business. 

“GAAP” means generally accepted accounting principles in the United States set forth in the opinions and pronouncements
of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or such other principles as may be approved by a significant segment of the
accounting profession in the United States, that are applicable to the circumstances as of the date of determination, consistently applied. 

  
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 “Governmental Authority” means the government of the United States or any
other nation, or of any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or
administrative powers or functions of or pertaining to government (including any supra-national bodies such as the European Union or the European Central Bank). 
 “Guarantee” means, as to any Person, (a) any obligation, contingent or otherwise, of such Person guaranteeing or having the economic effect of guaranteeing any Indebtedness or other
obligation payable or performable by another Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation of such Person, direct or indirect, (i) to purchase or pay (or advance or
supply funds for the purchase or payment of) such Indebtedness or other obligation, (ii) to purchase or lease property, securities or services for the purpose of assuring the obligee in respect of such Indebtedness or other obligation of the
payment or performance of such Indebtedness or other obligation, (iii) to maintain working capital, equity capital or any other financial statement condition or liquidity or level of income or cash flow of the primary obligor so as to enable
the primary obligor to pay such Indebtedness or other obligation, or (iv) entered into for the purpose of assuring in any other manner the obligee in respect of such Indebtedness or other obligation of the payment or performance thereof or to
protect such obligee against loss in respect thereof (in whole or in part), or (b) any Lien on any assets of such Person securing any Indebtedness or other obligation of any other Person, whether or not such Indebtedness or other obligation is
assumed by such Person (or any right, contingent or otherwise, of any holder of such Indebtedness to obtain any such Lien). The amount of any Guarantee shall be deemed to be an amount equal to the stated or determinable amount of the related primary
obligation, or portion thereof, in respect of which such Guarantee is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof as determined by the guaranteeing Person in good faith. The term
“Guarantee” as a verb has a corresponding meaning. 
 “Guarantor” means each Restricted
Subsidiary of the Lead Borrower in existence on the Closing Date (other than another Borrower) and each other Restricted Subsidiary of the Lead Borrower that shall be required to execute and deliver a Facility Guaranty pursuant to
Section 6.12. 
 “Hazardous Materials” means all explosive or radioactive substances or wastes and
all hazardous or toxic substances, wastes or other pollutants, including petroleum or petroleum distillates, asbestos or asbestos-containing materials, polychlorinated biphenyls, radon gas, infectious or medical wastes and all other substances or
wastes of any nature regulated pursuant to any Environmental Law. 
 “Headquarters Facility” means the Lead
Borrower’s headquarters building and related Real Estate located at 456 North Fifth Street, Philadelphia, Pennsylvania 19123. 
 “Honor Date” has the meaning specified in Section 2.03(c)(i). 
 “Increase Effective Date” shall have the meaning provided therefor in Section 2.15(c). 
 “Indebtedness” means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP:

 (a) all obligations of such Person for borrowed money and all obligations of such Person evidenced by bonds, debentures,
notes, loan agreements or other similar instruments; 

  
 30 

 (b) the maximum amount (after giving effect to any prior drawings or reductions that may
have been reimbursed) of all direct or contingent obligations of such Person arising under letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments; 

(c) net obligations of such Person under any Swap Contract; 
 (d) all obligations of such Person to pay the deferred purchase price of property or services (other than (i) trade accounts and accrued expenses payable in the ordinary course of business which are
not past due more than sixty (60) days after their applicable due date and (ii) accruals for payroll and other liabilities accrued in the ordinary course of business); 

(e) indebtedness (excluding prepaid interest thereon) secured by a Lien on property owned or being purchased by such Person (including
indebtedness arising under conditional sales or other title retention agreements), whether or not such indebtedness shall have been assumed by such Person or is limited in recourse; 

(f) All Attributable Indebtedness of such Person; 
 (g) all obligations of such Person to purchase, redeem, retire, defease or otherwise make any payment in respect of any Equity Interest in such Person or any other Person (including, without limitation,
Disqualified Stock, or any warrant, right or option to acquire such Equity Interest, valued, in the case of a redeemable preferred interest, at the greater of its voluntary or involuntary liquidation preference plus accrued and unpaid
dividends; and 
 (h) all Guarantees of such Person in respect of any of the foregoing. 

For all purposes hereof, the Indebtedness of any Person shall include the Indebtedness of any partnership or joint venture (other than a
joint venture that is itself a corporation or limited liability company) in which such Person is a general partner or a joint venturer, unless such Indebtedness is expressly made non-recourse to such Person. The amount of any net obligation under
any Swap Contract on any date shall be deemed to be the Swap Termination Value thereof as of such date. For purposes of this definition, (i) the amount of any Indebtedness represented by a guaranty or other similar instrument shall be the
lesser of the principal amount of the obligations guaranteed and still outstanding and the maximum amount for which the guaranteeing Person may be liable pursuant to the terms of the instrument embodying such Indebtedness, and (ii) the amount
of any Indebtedness described in clause (e) above shall be the lower of the amount of the obligation and the fair market value of the assets of such Person securing such obligation. 

“Indemnified Taxes” means Taxes other than Excluded Taxes. 

“Indemnitees” has the meaning specified in Section 10.04(b). 

“Information” has the meaning specified in Section 10.07. 

“Intellectual Property” means all present and future: trade secrets, know-how and other proprietary information;
trademarks, trademark applications, internet domain names, service marks, trade dress, trade names, business names, designs, logos, slogans (and all translations, adaptations, derivations and combinations of the foregoing) indicia and other source
and/or business identifiers, and all registrations or applications for registrations which have heretofore been or may hereafter be issued thereon throughout the world; copyrights and copyright applications; (including copyrights for computer

  
 31 

 
programs) and all tangible and intangible property embodying the copyrights, unpatented inventions (whether or not patentable); patents and patent applications; industrial design applications and
registered industrial designs; license agreements related to any of the foregoing and income therefrom; books, records, writings, computer tapes or disks, flow diagrams, specification sheets, computer software, source codes, object codes, executable
code, data, databases and other physical manifestations, embodiments or incorporations of any of the foregoing; all other intellectual property; and all common law and other rights throughout the world in and to all of the foregoing. 

“Intellectual Property Security Agreement” means the Intellectual Property Security Agreement dated as of the Closing
Date among the Loan Parties and the Administrative Agent, granting a Lien in the Intellectual Property and certain other assets of the Loan Parties, as amended and in effect from time to time. 

“Interest Payment Date” means, (a) as to any Loan other than a Base Rate Loan, the last day of each Interest Period
applicable to such Loan and the Maturity Date; provided, that, if any Interest Period for a LIBO Rate Loan exceeds three months, the respective dates that fall every three months after the beginning of such Interest Period shall also
be Interest Payment Dates; and (b) as to any Base Rate Loan (including a Swing Line Loan), the first day after the end of each month and the Maturity Date. 
 “Interest Period” means, as to each LIBO Rate Loan, the period commencing on the date such LIBO Rate Loan is disbursed or converted to or continued as a LIBO Rate Loan and ending on the
date one, two, three or six months thereafter, as selected by the Lead Borrower in its Committed Loan Notice; provided, that: 
 (a) any Interest Period that would otherwise end on a day that is not a Business Day shall be extended to the next succeeding Business Day unless such Business Day falls in another calendar month, in
which case such Interest Period shall end on the next preceding Business Day; 
 (b) any Interest Period that begins on the last
Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest Period;

 (c) no Interest Period shall extend beyond the Maturity Date; and 

(d) notwithstanding the provisions of clause (iii) unless Consented to by all Lenders, no Interest Period shall have a duration of
less than one (1) month, and if any Interest Period applicable to a LIBO Borrowing would be for a shorter period, such Interest Period shall not be available hereunder. 
 For purposes hereof, the date of a Borrowing initially shall be the date on which such Borrowing is made and thereafter shall be the effective date of the most recent conversion or continuation of such
Borrowing. 
 “Internal Control Event” means a material weakness in, or fraud that involves management or other
employees who have a significant role in, the Lead Borrower’s and/or its Subsidiaries’ internal controls over financial reporting, in each case as described in the Securities Laws. 

“In-Transit Inventory” means Inventory of a Borrower which is in the possession of a common carrier and is in transit
from a Foreign Vendor of a Borrower from a location outside of the continental United States to a location of a Borrower that is within the continental United States. 

  
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 “Inventory” has the meaning given that term in the UCC, and shall also
include, without limitation, all: (a) goods which (i) are leased by a Person as lessor, (ii) are held by a Person for sale or lease or to be furnished under a contract of service, (iii) are furnished by a Person under a contract
of service, or (iv) consist of raw materials, work in process, or materials used or consumed in a business; (b) goods of said description in transit; (c) goods of said description which are returned, repossessed or rejected; and
(d) packaging, advertising, and shipping materials related to any of the foregoing. 
 “Inventory Reserves”
means such reserves as may be established from time to time by the Administrative Agent in its Permitted Discretion with respect to the determination of the saleability, at retail, of the Eligible Inventory or which reflect such other factors as
affect the market value of the Eligible Inventory to the extent not addressed in the calculation of Net Recovery Percentage. Without limiting the generality of the foregoing, Inventory Reserves may, in the Administrative Agent’s Permitted
Discretion, include (but are not limited to) reserves based on: (a) obsolescence; (b) seasonality; (c) Shrink; (d) imbalance; (e) change in Inventory character; (f) change in Inventory composition; (g) change in
Inventory mix; (h) markdowns (both permanent and point of sale); (i) retail markons and markups inconsistent with prior period practice and performance, industry standards, current business plans or advertising calendar and planned
advertising events; (j) returns to vendors, (k) out-of-date and/or expired Inventory, (l) inventory in the possession of any bailee, (m) damaged Inventory and (n) design room Inventory. 

“Investment” means, as to any Person, any direct or indirect acquisition or investment by such Person, whether by means
of (a) the purchase or other acquisition of Equity Interests of another Person, (b) a loan, advance or capital contribution to, Guarantee or assumption of debt of, or purchase or other acquisition of any other debt or interest in, another
Person, or (c) any Acquisition. For purposes of covenant compliance, the amount of any Investment shall be the amount actually invested, without adjustment for subsequent increases or decreases in the value of such Investment. 

“IRB Indenture” means the Indenture of Trust, dated as of September 1, 1995, between IRB Issuer and IRB Trustee, as
the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced. 
 “IRB
Issuer” means the Philadelphia Authority For Industrial Development, a public instrumentality of the Commonwealth of Pennsylvania and a public body corporate and politic organized and existing under the Pennsylvania Economic Development
Financing Law (Act of August 23, 1967, P.L. 251, as amended) for the purpose and with the powers set forth therein. 

“IRB LC” means the Letter of Credit issued in favor of the IRB Trustee by Bank of America, N.A. in the outstanding face
amount of not greater than $1,873,920, as the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced, which IRB LC secures the Lead Borrower’s obligations to the Issuer arising under the IRB
Loan Agreement. 
 “IRB Lease” means the Agreement of Lease, dated August 26, 2002, between IRB Issuer, as
lessor, and Lead Borrower, as lessee, as the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced. 
 “IRB Loan Agreement” means the Loan Agreement, dated as of September 1, 1995, between IRB Issuer and Lead Borrower, as the same now exists or may hereafter be amended, modified,
supplemented, extended, renewed, restated or replaced. 

  
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 “IRBs” means the Philadelphia Authority For Industrial Development
Variable/Fixed Rate Federally Taxable Economic Development Bond (Mothers Work, Inc.) Series of 1995, maturing on September 1, 2020, in the aggregate original principal amount of $4,000,000, issued by IRB Issuer pursuant to the IRB Indenture, as
the same now exist or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced; sometimes being referred to herein individually as an “IRB”. 

“IRB Trustee” means Society National Bank, as trustee under the IRB Indenture, and its successors and assigns in such
capacity. 
 “IRS” means the United States Internal Revenue Service. 

“ISP” means, with respect to any Letter of Credit, the “International Standby Practices 1998” published
by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance). 
 “Issuer Documents” means with respect to any Letter of Credit, the Letter Credit Application, the Standby Letter of Credit Agreement or Commercial Letter of Credit Agreement, applicable,
and any other document, agreement and instrument entered into by the L/C Issuer and the Borrower (or any Restricted Subsidiary) or in favor of the L/C Issuer and relating to any such Letter of Credit. 

“Joinder Agreement” means an agreement, in form reasonably satisfactory to the Administrative Agent pursuant to which,
among other things, a Person becomes a party to, and bound by the terms of, this Agreement and/or the other Loan Documents in the same capacity and to the same extent as either a Borrower or a Guarantor, as the Administrative Agent may determine.

 “Landlord Lien State” means such state(s) in which a landlord’s claim for rent may have priority over
the Lien of the Administrative Agent in any of the Collateral. 
 “Laws” means each international, foreign,
Federal, state, provincial and local statute, treaty, rule, guideline, regulation, ordinance, code and administrative or judicial precedent or authority, including the interpretation or administration thereof by any Governmental Authority charged
with the enforcement, interpretation or administration thereof, and each applicable administrative order, directed duty, request, license, authorization and permit of, and agreement with, any Governmental Authority, in each case whether or not
having the force of law. 
 “L/C Credit Extension” means, with respect to any Letter of Credit, the issuance
thereof or extension of the expiry date thereof, or the increase of the amount thereof. 
 “L/C Issuer” means
(a) Wells Fargo in its capacity as issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder (which successor may only be a Lender selected by the Administrative Agent and prior to the occurrence and
continuance of an Event of Default, the consent of the Lead Borrower) (b) any other Lender selected by the Administrative Agent in its discretion. The L/C Issuer may, in its discretion, arrange for one or more Letters of Credit to be issued by
Affiliates of the L/C Issuer and/or for such Affiliate to act as an advising, transferring, confirming and/or nominated bank in connection with the issuance or administration of any such Letter of Credit, in which case the term “L/C
Issuer” shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate. 
 “L/C
Obligations” means, as at any date of determination, the aggregate undrawn amount available to be drawn under all outstanding Letters of Credit. For purposes of computing the amounts available to be drawn under any Letter of Credit, the
amount of such Letter of Credit shall be determined in accordance with Section 1.06. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn
thereunder by reason of the operation of any Rule under the ISP or any article of UCP 600, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn. 

  
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 “Lease” means any agreement, whether written or oral, no matter how styled
or structured, pursuant to which a Loan Party is entitled to the use or occupancy of any space in a structure, land, improvements or premises for any period of time. 
 “Leased Department” means the space licensed by any Loan Party from a Department Lessor pursuant to an applicable Leased Department Agreement. 

“Leased Department Agreements” means agreements entered into from time to time by any of the Loan Parties, pursuant to
which a Borrower licenses a portion of the space from a Department Lessor, including without limitation the agreements listed on Schedule 1.01(b), as the same may be amended, modified, replaced, extended or renewed from time to time. 

“Leased Department Receivable” means a Receivable owing by a Department Lessor to a Borrower arising out of a Leased
Department Agreement. 
 “Lender” has the meaning specified in the introductory paragraph hereto and, as the
context requires, includes the Swing Line Lender. 
 “Lending Office” means, as to any Lender, the office or
offices of such Lender described as such in such Lender’s Administrative Questionnaire, or such other office or offices as a Lender may from time to time notify the Lead Borrower and the Administrative Agent. 

“Letter of Credit” means each Standby Letter of Credit and each Commercial Letter of Credit issued hereunder. 

“Letter of Credit Application” means an application for the issuance or amendment of a Letter of Credit in the form from
time to time in use by the L/C Issuer. 
 “Letter of Credit Expiration Date” means the day that is seven days
prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day). 

“Letter of Credit Fee” has the meaning specified in Section 2.03(i). 

“Letter of Credit Sublimit” means an amount equal to $30,000,000. The Letter of Credit Sublimit is part of, and not in
addition to, the Aggregate Commitments. A permanent reduction of the Aggregate Commitments shall not require a corresponding pro rata reduction in the Letter of Credit Sublimit; provided, that, if the Aggregate Commitments are reduced
to an amount less than the Letter of Credit Sublimit, then the Letter of Credit Sublimit shall be reduced to an amount equal to (or, at Lead Borrower’s option, less than) the Aggregate Commitments. 

“LIBO Borrowing” means a Borrowing comprised of LIBO Rate Loans. 

“LIBO Rate” means for any Interest Period with respect to a LIBO Rate Loan, the rate per annum equal to the British
Bankers Association LIBOR Rate (“BBA LIBOR”), as published by Reuters (or other commercially available source providing quotations of BBA LIBOR as designated by the Administrative Agent from time to time) at approximately 11:00
a.m., London time, two Business Days prior to the commencement of such Interest Period, for Dollar deposits (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period. If such rate is not available at such
time for any 

  
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reason, then the “LIBO Rate” for such Interest Period shall be the rate per annum determined by the Administrative Agent to be the rate at which deposits in Dollars for delivery
on the first day of such Interest Period in same day funds in the approximate amount of the LIBO Rate Loan being made, continued or converted by Wells Fargo and with a term equivalent to such Interest Period would be offered to Wells Fargo by major
banks in the London interbank eurodollar market in which Wells Fargo participates at their request at approximately 11:00 a.m. (London time) two Business Days prior to the commencement of such Interest Period. 

“LIBO Rate Loan” means a Committed Loan that bears interest at a rate based on the Adjusted LIBO Rate. 

“Lien” means any mortgage, deed of trust, pledge, hypothecation, assignment, deposit arrangement, encumbrance, lien
(statutory or other), charge, or preference, priority or other security interest or preferential arrangement in the nature of a security interest of any kind or nature whatsoever (including any conditional sale, any Lease or other agreement
constituting or giving rise to a Capital Lease Obligation, Synthetic Lease Obligation, or other title retention agreement, any easement, right of way or other encumbrance on title to real property, and any financing lease having substantially the
same economic effect as any of the foregoing). 
 “Liquidation” means the exercise by the Administrative Agent
of those rights and remedies accorded to it under the Loan Documents and applicable Law as a creditor of the Loan Parties with respect to the realization on the Collateral, including (after the occurrence and during the continuation of an Event of
Default) the conduct by the Loan Parties acting with the consent of the Administrative Agent, of any public, private or “going out of business”, “store closing”, or other similarly themed sale or other disposition
of the Collateral for the purpose of liquidating the Collateral. Derivations of the word “Liquidation” (such as “Liquidate”) are used with like meaning in this Agreement. 

“Loan” means an extension of credit by or on behalf of a Lender to a Borrower under Article II in the form of a
Committed Loan or a Swing Line Loan. 
 “Loan Account” has the meaning assigned to such term in
Section 2.11(a). 
 “Loan Cap” means, at any time of determination, the lesser of (a) the
Aggregate Commitments or (b) the Borrowing Base. 
 “Loan Documents” means this Agreement, each Note, each
Issuer Document, the Fee Letter, all Borrowing Base Certificates, the Blocked Account Agreements, the DDA Notifications, the Credit Card Notifications, the Security Documents, the Facility Guaranty, and any other instrument or agreement, including
the Term Loan Intercreditor Agreement, now or hereafter executed and delivered in connection herewith, or in connection with any transaction arising out of any Cash Management Services and Bank Products provided by the Administrative Agent or any of
its Affiliates, each as amended and in effect from time to time; provided, that, for purposes of the definition of “Material Adverse Effect” and Article VIII, “Loan Documents” shall not include
agreements relating to Cash Management Services and Bank Products. 
 “Loan Parties” means, collectively, the
Borrowers and the Guarantors. 
 “Material Adverse Effect” means (a) a material adverse change in, or a
material adverse effect upon, the operations, business, assets, liabilities (actual or contingent), or financial condition of any Loan Party or the Lead Borrower and its Subsidiaries taken as a whole; (b) a material impairment of the ability of
any Loan Party to perform its obligations under any Loan Document to which it is a party; or (c) a 

  
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material impairment of the rights and remedies of the Agent or the Lenders under any Loan Document or a material adverse effect upon the legality, validity, binding effect or enforceability
against any Loan Party of any Loan Document to which it is a party. In determining whether any individual event would result in a Material Adverse Effect, notwithstanding that such event in and of itself does not have such effect, a Material Adverse
Effect shall be deemed to have occurred if the cumulative effect of such event and all other then existing events would result in a Material Adverse Effect. 
 “Material Contract” means, with respect to any Loan Party, each contract or agreement which is a “material contract” within the meaning of item 601(b)(10)(ii) of
Regulation S-K (as in effect on the Closing Date), whether or not Lead Borrower and its Restricted Subsidiaries are required to comply with the Securities Laws. 
 “Material Indebtedness” means (a) any individual Indebtedness (other than the Obligations) of the Loan Parties and Restricted Subsidiaries in an aggregate principal amount exceeding
$7,500,000, and (b) Permitted Term Loan Indebtedness. For purposes of determining the amount of Material Indebtedness at any time, (i) the amount of the obligations in respect of any Swap Contract at such time shall be calculated at the
Swap Termination Value thereof, (ii) undrawn committed or available amounts shall be included with respect to Permitted Term Loan Indebtedness, and (iii) all amounts owing to all creditors under any combined or syndicated credit
arrangement shall be included. 
 “Maturity Date” means November 1, 2017. 

“Maximum Rate” has the meaning provided therefor in Section 10.09. 

“Moody’s” means Moody’s Investors Service, Inc. and any successor thereto. 

“Mortgages” means each and every fee and leasehold mortgage or deed of trust, security agreement and assignment by and
between the Loan Party owning or holding the leasehold interest in the Real Estate encumbered thereby in favor of the Administrative Agent. 
 “Mortgage Policy” has the meaning specified in the definition of Real Estate Eligibility Requirements. 
 “Multiemployer Plan” means any employee benefit plan of the type described in Section 4001(a)(3) of ERISA, to which the Lead Borrower or any ERISA Affiliate makes or is obligated to
make contributions, or during the preceding five plan years, has made or been obligated to make contributions. 
 “Net
Proceeds” means (a) with respect to any Disposition by any Loan Party or any of its Restricted Subsidiaries, or any Extraordinary Receipt received or paid to the account of any Loan Party or any of its Restricted Subsidiaries, the
excess, if any, of (i) the sum of cash and Cash Equivalents received in connection with such transaction (including any cash or Cash Equivalents received by way of deferred payment pursuant to, or by monetization of, a note receivable or
otherwise, but only as and when so received) over (ii) the sum of (A) the principal amount of any Indebtedness that is secured by the applicable asset by a Lien permitted hereunder which is senior to the Administrative Agent’s Lien on
such asset and that is required to be repaid (or to establish an escrow for the future repayment thereof) in connection with such transaction (other than Indebtedness under the Loan Documents), (B) the reasonable and customary out-of-pocket
expenses incurred by such Loan Party or such Restricted Subsidiary in connection with such transaction (including, without limitation, appraisals, and brokerage, legal, title and recording or transfer tax expenses and commissions) paid by any Loan
Party to third parties (other than Affiliates), (C) taxes paid or reasonably estimated to be payable in connection therewith, (D) in the case of any Disposition or casualty event by a non-Wholly-Owned Subsidiary, the pro-rata portion of
the Net 

  
 37 

 
Proceeds thereof (calculated without regard to this clause (D)) attributable to minority interests and not available for distribution to or for the account of the Borrowers or a Wholly-Owned
Subsidiary as a result thereof, and (E) any reserve for adjustment in respect of (x) the sale price of such asset or assets established in accordance with GAAP and (y) any liabilities associated with such asset or assets and retained
by the Borrowers or their Restricted Subsidiaries after such sale or other disposition thereof, including pension and other post-employment benefit liabilities and liabilities related to environmental matters or against any indemnification
obligations associated with such transaction, it being understood that “Net Proceeds” shall include the amount of any reversal (without the satisfaction of any applicable liabilities in cash in a corresponding amount) of any reserve
described in this clause (E); and 
 (b) with respect to the sale or issuance of any Equity Interest by any Loan Party or any of
its Restricted Subsidiaries, or the incurrence or issuance of any Indebtedness by any Loan Party or any of its Restricted Subsidiaries, the excess of (i) the sum of the cash and Cash Equivalents received in connection with such transaction over
(ii) the investment banking fees, underwriting discounts and commissions, costs and other reasonable and customary out-of-pocket expenses, incurred by such Loan Party or such Restricted Subsidiary in connection therewith. 

“Net Recovery Percentage” means the fraction, expressed as a percentage (a) the numerator of which is the amount
equal to the recovery on the aggregate amount of the applicable category of Eligible Inventory at such time on a “going out of business sale” basis for such Inventory, as set forth in the most recent acceptable (as determined by
Administrative Agent in its Permitted Discretion) inventory appraisal received by Administrative Agent, in accordance with the requirements of this Agreement, net of operating expenses, liquidation expenses and commissions reasonably anticipated in
the disposition of such assets and (b) the denominator of which is the Book Value of the aggregate amount of the Eligible Inventory subject to such appraisal. The Net Recovery Percentage shall be based on the applicable percentage in the most
recent acceptable (as determined by Administrative Agent in its Permitted Discretion) appraisal conducted as set forth in Section 6.10. 
 “Non-Consenting Lender” has the meaning provided therefor in Section 10.01. 
 “Non-Extension Notice Date” has the meaning specified in Section 2.03(b)(iii). 
 “Non-Loan Party” means any Subsidiary of the Lead Borrower that is not a Loan Party. 
 “Note” means (a) a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit C-1, and (b) the
Swing Line Note, as each may be amended, supplemented or modified from time to time. 
 “NPL” means the National
Priorities List under CERCLA. 
 “Obligations” means (a) all advances to, and debts (including principal,
interest, fees, costs, and expenses), liabilities, obligations, covenants, indemnities, and duties of, any Loan Party arising under any Loan Document or otherwise with respect to any Loan or Letter of Credit (including payments in respect of
reimbursement of disbursements, interest thereon and obligations to provide cash collateral therefor), whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter
arising and including interest, fees, costs, expenses and indemnities that accrue after the commencement by or against any Loan Party or any Affiliate thereof of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such
proceeding, regardless of whether such interest, fees, costs, expenses and indemnities are allowed claims in such proceeding, and (b) any Other Liabilities. 

  
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 “Occurrence Update Schedules” means each of Schedule 5.01 (Loan Parties
Organizational Information), 5.05 (Material Indebtedness), 5.06 (Litigation), 5.09 (Environmental Matters), 5.10 (for primary casualty insurance policies that cover Collateral), 5.11 (Tax Sharing Agreements), 5.13 (Subsidiaries; Other Equity
Investments), 5.17 (Intellectual Property Matters), and 5.21(b) (Credit Card Agreements). 
 “Organization
Documents” means, (a) with respect to any corporation, the certificate or articles of incorporation and the bylaws (or equivalent or comparable constitutive documents with respect to any non-U.S. jurisdiction); (b) with respect to
any limited liability company, the certificate or articles of formation or organization and operating agreement; (c) with respect to any partnership, joint venture, trust or other form of business entity, the partnership, joint venture or other
applicable agreement of formation or organization and any agreement, instrument, filing or notice with respect thereto filed in connection with its formation or organization with the applicable Governmental Authority in the jurisdiction of its
formation or organization and, if applicable, any certificate or articles of formation or organization of such entity, and (d) in each case, all shareholder or other equity holder agreements, voting trusts and similar arrangements to which such
Person is a party or which is applicable to its Equity Interests and all other arrangements relating to the Control or management of such Person. 
 “Other Liabilities” means (a) any obligation on account of (i) any Cash Management Services furnished to any of the Loan Parties or any of their Restricted Subsidiaries and/or
(ii) any transaction with Administrative Agent or any of its Affiliates, which arises out of any Bank Product entered into with any Loan Party and any such Person, as each may be amended from time to time; and (b) any liability with
respect to Factored Receivables. 
 “Other Taxes” means all present or future stamp or documentary taxes or any
other excise or property taxes, charges or similar levies arising from any payment made hereunder or under any other Loan Document or from the execution, delivery or enforcement of, or otherwise with respect to, this Agreement or any other Loan
Document. 
 “Outstanding Amount” means (a) with respect to Committed Loans and Swing Line Loans on any
date, the aggregate outstanding principal amount thereof after giving effect to any Borrowings and prepayments or repayments of Committed Loans and Swing Line Loans, as the case may be, occurring on such date; (b) with respect to Tranche A
Revolving Loans and Swing Line Loans on any date, the aggregate outstanding principal amount thereof after giving effect to any Borrowings and prepayments or repayments of Tranche A Revolving Loans and Swing Line Loans, as the case may be, occurring
on such date; (c) with respect to Tranche A-1 Revolving Loans and Swing Line Loans on any date, the aggregate outstanding principal amount thereof after giving effect to any Borrowings and prepayments or repayments of Tranche A-1 Revolving
Loans, as the case may be, occurring on such date; and (d) with respect to any L/C Obligations on any date, the amount of such L/C Obligations on such date after giving effect to any L/C Credit Extension occurring on such date and any other
changes in the aggregate amount of the L/C Obligations as of such date. 
 “Overadvance” means a Credit
Extension to the extent that, immediately after its having been made, Excess Availability is less than zero. 

“Participant” has the meaning specified in Section 10.06(d). 

“Patriot Act” shall have the meaning specified in Section 10.17. 

  
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 “Payment Conditions” means, at the time of determination with respect to
any specified transaction or payment, that (a) as of the date of any such transaction or payment, and after giving effect thereto no Event of Default then exists or would arise as a result of entering into such transaction or the making such
payment, (b) as of the date of any such transaction or payment, and after giving effect to any such transaction or payment, on a pro forma basis using the most recent calculation of the Borrowing Base immediately prior to any such payment,
Excess Availability shall be not less than fifteen percent (15%) of the lesser of (i) the Borrowing Base or (ii) the Aggregate Commitments, and (c) Administrative Agent shall have received projections (in form satisfactory to
Administrative Agent in its Permitted Discretion) for the six (6) month period after the date of such transaction or payment showing, on a pro forma basis after giving effect thereto, minimum Excess Availability at all times during such period
of not less than fifteen percent (15%) of the lesser of (i) the Borrowing Base or (ii) the Aggregate Commitments. Prior to (A) undertaking a Permitted Acquisition, (B) incurring any Material Indebtedness or (C) making
of any Permitted Investment or Restricted Payment in excess of $5,000,000 which is subject to the satisfaction of Payment Conditions, the Loan Parties shall deliver to the Administrative Agent evidence of satisfaction of the conditions contained in
clause (b) and (c) above on a basis (including, without limitation, giving due consideration to results for prior periods) reasonably satisfactory to the Administrative Agent. 

“PBGC” means the Pension Benefit Guaranty Corporation. 

“PCAOB” means the Public Company Accounting Oversight Board. 

“Pension Plan” means any “employee pension benefit plan” (as such term is defined in Section 3(2)
of ERISA), other than a Multiemployer Plan, that is subject to Title IV of ERISA and is sponsored or maintained by the Lead Borrower or any ERISA Affiliate or to which the Lead Borrower or any ERISA Affiliate contributes or has an obligation to
contribute, or in the case of a multiple employer or other plan described in Section 4064(a) of ERISA, has made contributions at any time during the immediately preceding five plan years. 

“Periodic Update Schedules” shall mean each of Schedules 5.08(b)(1) (Owned Real Estate), 5.08(b)(2) (Leased Real Estate),
5.10 (for policies other than primary casualty policies that cover Collateral), 5.21(a) (Demand Deposit Accounts), 7.01 (Existing Liens), 7.02 (for Investments greater than $5,000,000 (Existing Investments), and 7.09 (Transactions with Affiliates).

 “Permitted Acquisition” means: 
 (a) an Acquisition or Formation of any Excluded Subsidiary, so long as (i) no Event of Default then exists or would arise from the consummation of such Acquisition or Formation; and (ii) as of
the date of any such Acquisition or Formation, and after giving effect thereto, the Loan Parties shall have satisfied the Payment Conditions; and 
 (b) any other Acquisition or Formation in which all of the following conditions are satisfied: 
 (i) no Default or Event of Default then exists or would arise from the consummation of such Acquisition or Formation; 
 (ii) in the case of an Acquisition of a majority (or more) of the Equity Interests of a Person, such Acquisition shall have been approved by the Board of Directors of the Person (or similar governing body
if such Person is not a corporation) which is the subject of such Acquisition and such Person shall not have announced that it will oppose such Acquisition or shall not have commenced any action which alleges that such Acquisition shall violate
applicable Law; 

  
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 (iii) in the case of any Acquisition where the consideration to be paid for such
Acquisition equals or exceeds $2,000,000, the Lead Borrower shall have furnished the Administrative Agent with thirty (30) days’ prior written notice of such intended Acquisition and shall have furnished the Administrative Agent with a
current draft of the Acquisition Documents (and final copies thereof as and when executed), a summary of any due diligence undertaken by the Loan Parties in connection with such Acquisition, appropriate financial statements of the Person which is
the subject of such Acquisition, pro forma projected financial statements for the twelve (12) month period following such Acquisition after giving effect to such Acquisition (including balance sheets, cash flows and income statements by month
for the acquired Person, individually, and on a Consolidated basis with all Loan Parties), and such other information as the Administrative Agent may reasonably require, all of which shall be reasonably satisfactory to the Administrative Agent;

 (iv) after giving effect to the Acquisition or Formation, if the Acquisition is an Acquisition of the Equity Interests, a
Loan Party shall acquire and own, directly or indirectly, a majority of the Equity Interests in the Person being acquired and shall Control a majority of any voting interests or shall otherwise Control the governance of the Person being acquired or
formed; 
 (v) such Acquisition or Formation shall be with respect to an operating company or division or line of business that
engages in a line of business substantially similar, reasonably related or incidental to, or a logical extension of, the Business; 
 (vi) if the Person which is the subject of such Acquisition or Formation will be maintained as a Restricted Subsidiary of a Loan Party, or if the assets acquired in an acquisition will be transferred to a
Subsidiary which is to be a Loan Party, such Subsidiary shall have been joined as a “Borrower” hereunder or as a Guarantor, as the Administrative Agent shall determine in its Permitted Discretion, and the Administrative Agent shall
have received a first priority security and/or mortgage interest (except for those Permitted Encumbrances that have priority in such Collateral by operation of law and except as to the Term Loan Priority Collateral, for the Liens of the Term Loan
Agent to the extent provided in the Term Loan Intercreditor Agreement) in such Subsidiary’s Equity Interests, Inventory, Accounts, Real Estate and other property of the same nature as constitutes collateral under the Security Documents;
provided, that, in the event such Subsidiary is joined as a “Borrower” the assets of such Person will only be eligible after a satisfactory field examination, appraisals and legal diligence is conducted by
Administrative Agent in its Permitted Discretion; and 
 (vii) as of the date of any such investment or acquisition and the date
of any payment in respect thereof, and after giving effect thereto, the Loan Parties shall have satisfied the Payment Conditions. 
 “Permitted Discretion” means, as used in this Agreement, with reference to the Administrative Agent, a determination made in good faith in the exercise of its reasonable business judgment
based on how an asset-based lender with similar rights providing a credit facility of the type set forth herein would act in similar circumstances at the time with the information then available to it. 

“Permitted Disposition” means any of the following so long as no Event of Default exists or will result therefrom:

 (a) Dispositions of Inventory in the ordinary course of business which for this purpose does not include any Disposition in
connection with a Store closing or sale of a Store location; 

  
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 (b) bulk sales or other Dispositions of the Inventory of a Loan Party in connection with the
closing of retail store locations, locations within department or specialty stores or other locations in which a Loan Party leases or licenses a portion of the space in such store in the ordinary course of the business of such Loan Party, in an
arm’s length transaction, provided, that, (i) such closings and related sales or other Dispositions of Inventory shall not exceed (A) in any Fiscal Year of the Lead Borrower, twenty percent (20%) of the retail
stores of Loan Parties (which does not include store relocations, locations which are closed in connection with the opening of a combination store or superstore, locations within department or specialty stores or other locations in which a Loan
Party leases or licenses a portion of such store or international locations where Inventory is not included in the Collateral) in any Fiscal Year of the Lead Borrower as of the beginning of such Fiscal Year (net of openings of new retail store
locations) and (B) in the aggregate from and after the Closing Date, thirty-five percent (35%) of the retail store locations of Loan Parties (which does not include store relocations, locations which are closed in connection with the
opening of a combination store or superstore, locations within department or specialty stores or other locations in which a Loan Party leases or licenses a portion of such store or international locations where Inventory is not included in the
Collateral) in existence as of the Closing Date (net of new store openings), and (ii) all sales of Inventory in connection with Store closings shall be in accordance with liquidation agreements and with professional liquidators reasonably
acceptable to Administrative Agent; provided, that, (A) all Net Proceeds received in connection therewith are applied to the Obligations if then required in accordance with Section 2.05 hereof, and (B) no such
liquidation agreement or professional liquidators shall be required to the extent such sales of Inventory are limited to the closing of a single Store; 
 (c) non-exclusive licenses of Intellectual Property of a Loan Party in the ordinary course of business; 
 (d) licenses for the conduct of licensed departments within the Loan Parties’ Stores in the ordinary course of business; provided, that, if requested by the Administrative Agent, the
Administrative Agent shall have entered into an intercreditor agreement with the Person operating such licensed department on terms and conditions reasonably satisfactory to the Administrative Agent; 

(e) Dispositions of obsolete, worn out, used or surplus Equipment, whether now owned or hereafter acquired, in the ordinary course of
business and Dispositions of property, no longer used or useful in the conduct of the business of the Loan Parties; 
 (f) sales,
transfers and Dispositions among the Loan Parties or by any Restricted Subsidiary to a Loan Party; 
 (g) [Reserved]; 

(h) (i) the making of Permitted Investments, (ii) the granting of or suffering to permit of Permitted Encumbrances,
(iii) transactions permitted under Section 7.04, (iv) the making of Restricted Payments permitted under Section 7.06, and (v) transfers of property subject to a Casualty Event upon receipt of the Net Proceeds
of such Casualty Event; 
 (i) sales of Real Estate of any Loan Party (or sales of any Person or Persons created to hold such
Real Estate or the Equity Interests in such Person or Persons), including sale-leaseback transactions involving any such Real Estate pursuant to leases on market terms, as long as, (i) with respect to any Eligible Real Estate, the Net Proceeds
paid in cash are in an amount at least equal to the greater of the amounts advanced against such Eligible Real Estate under the Borrowing Base, and (ii) the proceeds of such sale are utilized to repay the Obligations unless no advances have
been made with respect to such Eligible Real Estate and in any event such repayment shall not be greater than the outstanding amount advanced against such Eligible Real Estate; 

  
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 (j) the sale or abandonment of Intellectual Property of a Loan Party or any of its
Subsidiaries in the ordinary course of business that is not material and is no longer used or useful in the business of any Loan Party, is not affixed to or used in connection with any of the Collateral or any of the books and records of such Loan
Party relating to the Collateral and in the case of abandonment, does not have any material value; 
 (k) Dispositions by or of
any Excluded Subsidiary (including the Equity Interests thereof); 
 (l) leases, subleases, licenses or sublicenses (including
the provision of software under an open source license), in each case in the ordinary course of business of any Loan Party and which do not materially interfere with the business of the Loan Parties, taken as a whole; 

(m) Dispositions of Investments in joint ventures to the extent required by, or made pursuant to customary buy/sell arrangements between,
the joint venture parties set forth in joint venture arrangements and similar binding arrangements; 
 (n) the sale or discount
of Receivables arising in the ordinary course of business but only in connection with the collection or compromise thereof; provided, that, no sale or discount of Eligible Credit Card Receivables, Eligible Trade Receivables, or
Eligible Receivables shall be permitted pursuant to this clause (n) unless the applicable Loan Party shall have (i) delivered to the Administrative Agent written notice of such disposition in reasonable detail and (ii) if requested by
Administrative Agent an updated Borrowing Base Certificate; 
 (o) to the extent allowable under Section 1031 of the Code
(or comparable or successor provision), any exchange of like property (excluding any boot thereon permitted by such provision) for use in any business conducted by the Loan Parties that is not in contravention of Section 7.08 other than
Accounts and Inventory; 
 (p) the unwinding of any Swap Contract; 

(q) (i) any involuntary loss, damage or destruction of property of any Loan Party or (ii) any involuntary condemnation, seizure
or taking, by exercise of the power of eminent domain or otherwise, or confiscation or requisition of use of property of any Loan Party; 
 (r) Dispositions of cash and Cash Equivalents in a manner that is not prohibited by this Agreement or the other Loan Documents; 
 (s) sales or other Dispositions of assets of the Loan Parties in connection with the Disposition of any Real Estate, buildings or related assets, or the sale or other Disposition of any line of business
and related assets and liabilities, provided, that, as to any such sale or other Disposition, each of the following conditions is satisfied: 
 (i) in the event of a Disposition of any line of business and related assets and liabilities, not less than seventy-five percent (75%) of the consideration to be received by the Loan Parties shall be
paid or payable in cash and shall be paid contemporaneously with consummation of the transaction or otherwise on terms and conditions reasonably satisfactory to Administrative Agent, 

(ii) the consideration received by such Loan Party in respect of the sale or other Disposition of such assets shall be for the fair value
of such assets determined in a commercially reasonable manner based on an arm’s length transaction, 

  
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 (iii) in the case of any sale or other Disposition of any assets of a category included in
the Borrowing Base, as of the date of such sale or other Disposition and after giving effect thereto, using the most recent calculation of the Borrowing Base prior to the date of any such sale or other Disposition, on a pro forma basis, Excess
Availability shall be not less than twenty percent (20%) of the lesser of (A) the Aggregate Commitments or (B) the Borrowing Base, and Administrative Agent shall have received an updated Borrowing Base Certificate reflecting the
Disposition of such assets, 
 (iv) at any time a Cash Dominion Event exists, the Net Proceeds from any such sale or other
Disposition, shall be applied to the Obligations to the extent required herein, 
 (v) if the aggregate book value of the assets
subject to the applicable Disposition exceeds $10,000,000, prior to such Disposition, Lead Borrower shall provide to Administrative Agent updated financial projections (after giving effect to such Disposition for the twelve (12) month period
following such Disposition), and 
 (vi) as of the date of any such sale or other Disposition, and in each case after giving
effect thereto, no Default or Event of Default shall exist or have occurred and be continuing; 
 (t) the issuance and sale by
Lead Borrower of Equity Interests of Lead Borrower (including any purchase option, call or similar right of a third party with respect to the Equity Interests of the Lead Borrower) after the date hereof; provided, that, (i) Lead
Borrower shall not be required to pay any cash dividends or repurchase or redeem such Equity Interests or make any other payments in respect thereof except to the extent permitted by Section 7.06, and (ii) at any time during the
occurrence and continuance of a Cash Dominion Event, all of the Net Proceeds of the sale and issuance of such Equity Interests shall be applied to the Obligations if then required in accordance with Section 2.05 hereof, and 

(u) other Dispositions of property by Loan Parties and Restricted Subsidiaries not otherwise permitted pursuant to clauses
(a) through (t) above (but not including any Revolving Loan Priority Collateral), the proceeds of which when aggregated with the proceeds of all other Dispositions made pursuant to this clause (u) in any Fiscal Year are less than
$1,000,000; provided, that, the Net Proceeds thereof shall be applied or held as required hereunder. 

“Permitted Encumbrances” means: 
 (a) Liens for Taxes that are not yet delinquent (and remain payable without penalty) or are being contested in compliance with Section 6.04; 

(b) carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s and other like Liens imposed by applicable
Law, arising in the ordinary course of business and securing obligations that are not overdue or if they are overdue the amount secured is not in excess of $250,000 individually, and $2,000,000 in the aggregate or are otherwise being contested in
compliance with Section 6.04; 
 (c) (i) pledges and deposits of cash and Cash Equivalents made in the ordinary
course of business in compliance with workers’ compensation, unemployment insurance and other social security laws or regulations, other than any Lien imposed by ERISA and (ii) pledges and deposits of cash and Cash Equivalents in the
ordinary course of business securing liability for reimbursement or indemnification obligations of (including obligations in respect of letters of credit or bank guarantees for the benefit of) insurance carriers providing property, casualty or
liability insurance to any Loan Party or any Subsidiary thereof; 

  
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 (d) deposits of cash and Cash Equivalents to secure the performance of bids, trade
contracts, governmental contracts and leases (other than Indebtedness for borrowed money), statutory obligations, surety, stay, customs and appeal bonds, performance bonds and other obligations of a like nature (including those to secure health,
safety and environmental obligations) incurred in the ordinary course of business; 
 (e) Liens in respect of judgments that
would not constitute an Event of Default hereunder; 
 (f) easements, covenants, conditions, restrictions, encroachments,
building code laws, zoning restrictions, rights-of-way, protrusions and similar encumbrances and title defects affecting real property imposed by law or arising in the ordinary course of business that do not secure any monetary obligations and that
in the aggregate do not materially detract from the value of the affected property or materially interfere with the ordinary conduct of business of the Loan Parties, taken as a whole and such other title defects or survey matters in the aggregate
that are disclosed by current surveys that, in each case, do not materially interfere with the current use of the Real Estate; 

(g) Liens existing on the date hereof and listed on Schedule 7.01 and any renewals or extensions thereof, provided,
that, (i) the property covered thereby is not changed, (ii) the amount secured or benefited thereby is not increased, (iii) the direct or any contingent obligor with respect thereto is not changed, and (iv) any renewal or
extension of the obligations secured or benefited thereby is otherwise permitted hereunder); 
 (h) purchase money Liens on
improvements to, fixtures located on, Equipment located at or on, or the construction of any addition to any Real Estate or additional buildings at any Real Estate securing Indebtedness permitted under clause (l) of the definition of
Permitted Indebtedness so long as (i) such Liens and the Indebtedness secured thereby are incurred prior to or within sixty (60) days after such acquisition, (ii) the Indebtedness secured thereby does not exceed the cost of
acquisition of such fixed or capital assets and (iii) such Liens shall not extend to any other property or assets of the Loan Parties other than the proceeds of the disposition of such Real Estate, fixtures or Equipment; 

(i) Liens in favor of the Administrative Agent, for the benefit of the Administrative Agent and the other Secured Parties pursuant to the
Loan Documents to secure the Obligations; 
 (j) Statutory or common law Liens of landlords and other like Liens or other
customary Liens (other than in respect of Indebtedness) in favor of landlords, so long as, in each case, such Liens arise in the ordinary course of business and secure obligations not overdue for a period of more than thirty (30) days;

 (k) possessory Liens in favor of brokers and dealers arising in connection with the acquisition or disposition of Investments
owned as of the date hereof and Permitted Investments, provided, that, such liens (i) attach only to such Investments and the proceeds thereof and (ii) secure only obligations incurred in the ordinary course and arising in
connection with the acquisition or disposition of such Investments and not any obligation in connection with margin financing; 

(l) Liens arising solely by virtue of any statutory or common law provisions relating to banker’s liens, liens in favor of securities
intermediaries, rights of setoff or similar rights and remedies as to deposit accounts or securities accounts or other funds maintained with depository institutions or securities intermediaries; 

  
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 (m) purported Liens arising from precautionary UCC filings or similar public filings
regarding operating leases or the consignment of goods; 
 (n) voluntary Liens on property (other than property of the type
included in the Borrowing Base) in existence at the time such property is acquired pursuant to a Permitted Acquisition or on such property of a Subsidiary of a Loan Party in existence at the time such Subsidiary is acquired pursuant to a Permitted
Acquisition; provided, that, such Liens are not incurred in connection with or in anticipation of such Permitted Acquisition and do not attach to any other assets of any Loan Party or any Restricted Subsidiary; 

(o) Liens or rights of setoff against credit balances of Borrowers with Credit Card Issuers or Credit Card Processors or amounts owing by
such Credit Card Issuers or Credit Card Processors to Loan Parties in the ordinary course of business, but not Liens on or rights of setoff against any other property or assets of Loan Parties, pursuant to the Credit Card Agreements to secure the
obligations of Loan Parties to the Credit Card Issuers or Credit Card Processors as a result of fees and chargebacks; 
 (p)
Liens on Inventory in favor of customs and revenues authorities imposed by applicable Law arising in the ordinary course of business in connection with the importation of goods; 

(q) Liens on the fixed or capital assets acquired by any Loan Party with the proceeds of the Indebtedness described in clause (c) of
the definition of “Permitted Indebtedness” below so long as (A) such Liens and the Indebtedness secured thereby are incurred prior to or within ninety (90) days after such acquisition, (B) the Indebtedness secured
thereby consists only of the Indebtedness that was incurred to pay the purchase price for the purchase or acquisition of the property and such Indebtedness does not exceed the cost or fair market value, whichever is lower, of the property being
acquired on the date of acquisition, and (C) such Liens shall not extend to any other property or assets of the Loan Parties; 
 (r) Liens on the Collateral to secure the Permitted Term Loan Indebtedness, provided, that, such Liens are on the terms and conditions described the definition of the term “Permitted
Term Loan Indebtedness” and such Liens on the Revolving Loan Priority Collateral are subordinated to the Liens in favor of the Administrative Agent on such Revolving Loan Priority Collateral and are otherwise subject to the terms of the
Term Loan Intercreditor Agreement; 
 (s) encumbrances referred to in Schedule B of the Mortgage Policies insuring the Mortgages;

 (t) leases, licenses, subleases or sublicenses granted to others in the ordinary course of business which do not
(i) interfere in any material respect with the business of the Loan Parties, taken as a whole, or (ii) secure any Indebtedness; 
 (u) Liens relating to banker’s Liens (including Liens of a collection bank arising under Section 4-208 of the Uniform Commercial Code), Liens in favor of securities intermediaries, rights of
setoff or similar rights and remedies as to deposit accounts or securities accounts or other funds maintained with depository institutions or securities intermediaries in the ordinary course of business only to secure customary fees and charges
related to the maintenance and operation of accounts maintained with such depository institution or securities intermediaries; 

(v) Liens solely on any Cash deposits or Cash Equivalents of any Loan Party (other than Qualified Cash) by the Loan Parties in connection
with any letter of intent or purchase agreement in respect of any Permitted Investment; 

  
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 (w) any interest or title of a lessor, sublessor, licensor or sublicensor or secured by a
lessor’s, sublessor’s, licensor’s or sublicensor’s interest under any lease entered into in the ordinary course of business; 
 (x) Liens arising out of conditional sale, title retention, consignment or similar arrangements for the sale of goods (including Inventory having a Value not in excess of $1,000,000) entered into by any
Loan Party in the ordinary course of business; 
 (y) Liens that are contractual rights of set-off (i) relating to the
establishment of depository relations with banks not given in connection with the issuance of Indebtedness (other than Indebtedness described in clause (e) of the definition thereof), (ii) relating to pooled deposit or sweep accounts of
any Loan Party to permit satisfaction of overdraft or similar obligations incurred in the ordinary course of business of such Loan Party and (iii) relating to purchase orders and other agreements entered into with customers of any Loan Party in
the ordinary course of business; 
 (z) Liens on insurance policies owned by any Loan Party and the proceeds thereof securing the
financing of the premiums with respect thereto; 
 (aa) deposits of cash and Cash Equivalents made by any Loan Party held by the
owner or lessor of premises leased and operated by any of the Loan Parties in the ordinary course of business of the Loan Parties to secure the performance of the Loan Parties’ obligations under the terms of the lease for such premises;

 (bb) transactions described in Section 7.01 that constitute Dispositions to the extent that such Dispositions are
Permitted Dispositions; 
 (cc) Liens on the Equity Interests of Lead Borrower in favor of third parties consisting of any
purchase options, calls or similar rights of third parties; 
 (dd) Liens on Real Estate (together with Liens on improvements,
fixtures and Equipment located on such Real Estate) securing Indebtedness to the extent such Indebtedness is permitted under clause (f) of the definition of Permitted Indebtedness (and any Permitted Refinancing thereof) so long as such Liens do
not extend to any other property or assets (other than proceeds) of the Loan Parties other than such Real Estate (or fixtures, improvements, or Equipment located thereon); 
 (ee) Lien on the deposit account of the Lead Borrower maintained at Bank of America, N.A. and identified as the “Cash Collateral Account” on Schedule 5.21(a) in favor of Bank of America,
N.A., containing an aggregate amount of cash not to exceed $7,141,973.65, in respect of the outstanding letters of credit issued under the Existing Credit Agreements and set forth on Schedule 7.03, provided, that, such Lien
shall only be a Permitted Encumbrance for so long as any of such letters of credit remain outstanding; and 
 (ff) without
duplication of, or aggregation with, any other Liens on the assets of Borrowers permitted under any other clause of this definition, other Liens (other than Liens on Accounts and Inventory) securing obligations (other than in respect of Indebtedness
for borrowed money) in an aggregate principal amount not exceeding $1,000,000 at any one time outstanding. 

  
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 “Permitted Indebtedness” means each of the following as long as no Event of
Default exists on the date of such incurrence or would arise from the incurrence thereof: 
 (a) Indebtedness outstanding on the
date hereof and listed on Schedule 7.03 and any Permitted Refinancing thereof; 
 (b) Indebtedness of (i) any Loan
Party to any other Loan Party and (ii) any Loan Party to any Excluded Subsidiary to the extent such Indebtedness is subordinated on terms and conditions reasonably satisfactory to the Administrative Agent in its Permitted Discretion;

 (c) purchase money Indebtedness of any Loan Party to finance the acquisition of any fixed or capital assets (other than Real
Estate), including Capital Lease Obligations and Synthetic Lease Obligations, and any Indebtedness assumed in connection with the acquisition of any such assets or secured by a Lien on any such assets prior to the acquisition thereof, and Permitted
Refinancings thereof; provided, that, the aggregate principal amount of Indebtedness permitted by this clause (c) shall not exceed $15,000,000 at any time outstanding, plus Additional PMSI Indebtedness up to a maximum amount
outstanding at any time not to exceed the Additional Maximum PMSI Debt Amount; 
 (d) obligations (contingent or otherwise) of
any Loan Party existing or arising under any Swap Contract, provided, that, such obligations are (or were) entered into by such Person in the ordinary course of business for the purpose of directly mitigating risks associated with
fluctuations in interest rates, commodities pricing risks or foreign exchange rates, and not for purposes of speculation or taking a “market view”; 
 (e) contingent liabilities under performance, bid, appeal and surety bonds and performance and completion guarantees or similar obligations or obligations incurred in respect of letters of credit, bank
guarantees or similar instruments related thereto, in each case, incurred in the ordinary course of business, including in respect of workers compensation claims, health, disability or other employee benefits or property, casualty or liability
insurance or self-insurance or other Indebtedness with respect to reimbursement-type obligations regarding worker compensation claims; 
 (f) Indebtedness incurred for the construction or acquisition or improvement of, or to finance or to refinance, any Real Estate owned by any Loan Party (including therein any Indebtedness incurred in
connection with sale-leaseback transactions), provided, that, (i) with respect to any Eligible Real Estate that has been included in the Borrowing Base, the Net Proceeds paid in cash are in an amount at least equal to the greater
of the amounts advanced or available to be advanced against such Eligible Real Estate, as applicable, under the Borrowing Base and (ii) all Net Proceeds received in connection with any such Indebtedness are applied to the Obligations to the
extent the failure to do so would result in a Cash Dominion Event; 
 (g) unsecured Indebtedness incurred with respect to any
Permitted Acquisition, any other Permitted Investment or any Permitted Disposition, in each case, to the extent constituting customary indemnification obligations or obligations in respect of purchase price (including earn-outs) or other similar
adjustments; 
 (h) Indebtedness of any Person that becomes a Subsidiary of a Loan Party as a result of a Permitted Acquisition,
which Indebtedness is existing at the time such Person becomes a Subsidiary of a Loan Party (other than Indebtedness incurred solely in contemplation of such Person’s becoming a Subsidiary of a Loan Party); provided, that, the
foregoing shall not restrict the incurrence of Indebtedness by an Excluded Subsidiary in connection with the Permitted Acquisition thereof; 
 (i) the Obligations; 

  
 48 

 (j) Indebtedness of Lead Borrower under the IRB Lease (as in effect on the date hereof);

 (k) Indebtedness of the Lead Borrower under the IRB Loan Agreement (as in effect on the date hereof); 

(l) Indebtedness to finance the acquisition, construction, repair, replacement or improvement of (i) an addition or additions to the
Headquarters Facility on such premises or to acquire fixtures for such premises, (ii) additional or replacement buildings and/or Real Estate (or an addition or additions to such Real Estate) for distribution, warehousing or office space, and
(iii) any improvements, fixtures or Equipment for any buildings or Real Estate of a Loan Party, in each case, as to clauses (i), (ii), and (iii), only to the extent secured by Liens permitted under clause (h) of the definition of Permitted
Encumbrances; 
 (m) unsecured Indebtedness in the aggregate principal amount of up to $75,000,000 at any time outstanding (which
Indebtedness may include the issuance, redemption or repurchase of Disqualified Stock), provided, that, as to any such Indebtedness (i) such Indebtedness shall be on commercially reasonable terms and conditions with market rate
pricing and shall have a maturity date that is at least ninety-one (91) days after the Maturity Date, (ii) as of the date of the incurring of any such Indebtedness and after giving effect thereto, no Default or Event of Default shall exist
or have occurred and be continuing, and (iii) if such Indebtedness is owed to a seller of assets to any Loan Party, it is expressly subordinate in right of payment to the prior payment in full of the Obligations and otherwise subject to related
subordination provisions on terms reasonably acceptable to Administrative Agent; 
 (n) Permitted Term Loan Indebtedness;

 (o) unsecured guarantees made by any Loan Party in the ordinary course of business of the obligations of suppliers, customers,
franchisees and licensees of the Loan Parties; 
 (p) guarantees by any Loan Party of Indebtedness of any other Loan Party with
respect to Indebtedness otherwise permitted to be incurred pursuant to Section 7.02, 
 (q) Indebtedness consisting
of (i) the financing of insurance premiums or (ii) take or pay obligations contained in supply arrangements, in each case, in the ordinary course of business, 
 (r) Indebtedness representing deferred compensation to employees of the Loan Parties incurred in the ordinary course of business, 
 (s) Indebtedness consisting of obligations of the Loan Parties under deferred compensation or other similar arrangements with employees incurred by such Loan Party in connection with Permitted
Acquisitions or any other Investment permitted hereunder, 
 (t) Indebtedness to current or former officers, directors, managers,
consultants and employees, their respective estates, spouses, former spouses or domestic partners to finance the purchase or redemption of Equity Interests in the Lead Borrower permitted by Section 7.01, 

(u) cash management obligations and other Indebtedness in respect of netting services, automatic clearinghouse arrangements, overdraft
protections, employee credit card programs and other cash management and similar arrangements in the ordinary course of business; 

  
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 (v) obligations in respect of performance, bid, appeal and surety bonds and performance and
completion guarantees and similar obligations provided by the Loan Parties or obligations in respect of letters of credit, bank guarantees or similar instruments related thereto, in each case in the ordinary course of business; 

(w) all premiums (if any), interest (including post-petition interest), fees, expenses, charges and additional or contingent interest on
obligations described in clauses (a) through (v)above. 
 “Permitted Investments” means each of the
following as long as no Event of Default exists or would arise from the making of such Investment: 
 (a) Investments in cash and
Cash Equivalents, 
 (b) Investments existing on the Closing Date and set forth on Schedule 7.02, and any modifications,
replacements, renewals, reinvestments or extensions of any of the foregoing but not any increase in the amount thereof except pursuant to the terms of such Investment (as in effect on the Closing Date); 

(c) [Reserved]; 

(d) (i) Investments (including capital contributions, loans or advances) by any Loan Party and its Subsidiaries in their respective
Subsidiaries outstanding on the date hereof, (ii) additional Investments by any Loan Party and its Subsidiaries in Loan Parties, and (ii) additional Investments by the Loan Parties in Subsidiaries that are Non-Loan Parties,
provided, that, in the case of this clause (ii), as of the date of such Investment and after giving effect thereto, each of the Payment Conditions shall be satisfied; 

(e) Investments consisting of extensions of credit in the nature of accounts receivable or notes receivable arising from the grant of
trade credit in the ordinary course of business, and Investments received in satisfaction or partial satisfaction thereof from financially troubled Account Debtors; 
 (f) guarantees by any Loan Party of leases (other than Capitalized Leases) or of other obligations that do not constitute Indebtedness in the ordinary course of business; 

(g) Investments by any Loan Party in Swap Contracts permitted under clause (d) of the definition of “Permitted
Indebtedness”; 
 (h) Investments (including debt obligations and Equity Interests) received in connection with the
bankruptcy or reorganization of, or settlement of delinquent accounts and other disputes with, customers and suppliers, in each case in the ordinary course of business or upon the foreclosure with respect to any secured Investment or other transfer
of title with respect to any secured Investment; 
 (i) loans or advances to officers, directors, partners and employees of the
Loan Parties in the ordinary course of business in an amount not to exceed $200,000 to any individual at any time or in an aggregate amount not to exceed $500,000 at any time outstanding, for travel, entertainment, relocation and analogous ordinary
business purposes; 
 (j) Investments constituting Permitted Acquisitions; and 

  
 50 

 (k) asset purchases (including purchases of inventory, supplies and materials) and the
licensing or contribution of Intellectual Property pursuant to joint marketing arrangements with other Persons, in each case in the ordinary course of business; 
 (l) Investments permitted pursuant to Sections 7.01, 7.03, 7.04, 7.05 and 7.06; 
 (m) promissory notes and other noncash consideration permitted to be received in accordance with the terms of this Agreement in connection with Permitted Dispositions, Restricted Payments permitted to be
made in accordance with Section 7.06 and Permitted Acquisitions; 
 (n) Investments in the ordinary course of
business consisting of endorsements for collection or deposit and customary trade arrangements with customers; 
 (o) advances of
payroll payments to employees in the ordinary course of business; 
 (p) loans and advances made by Loan Parties to the Lead
Borrower in lieu of, and not in excess of the amount of (after giving effect to any other such loans or advances or Restricted Payments in respect thereof), Restricted Payments to the extent permitted to be made to the Lead Borrower in accordance
with Section 7.06; 
 (q) Investments held by a Loan Party acquired after the Closing Date or of a Person merged into
such Loan Party or merged or consolidated with such Loan Party (other than the Lead Borrower) in accordance with Section 7.04 after the Closing Date to the extent that such Investments were not made in contemplation of or in connection
with such acquisition, merger or consolidation and were in existence on the date of such acquisition, merger or consolidation; 

(r) Investments to the extent that payment for such Investments is made solely with Equity Interests (other than Disqualified Equity
Interests) of the Lead Borrower; 
 (s) Investments in any Rabbi Trust in order to fund accrued benefits under any SERP;

 (t) Investments made by Excluded Subsidiaries, provided, that, to the extent such Investments are loans and
advances to any Loan Party or Restricted Subsidiary such loans and advances shall be subordinated to the payment in full of the Obligations on terms and conditions acceptable to the Administrative Agent in its Permitted Discretion; and 

(u) other Investments (other than Permitted Acquisitions which shall be permitted upon the satisfaction of the conditions set forth in the
definition thereof), to the extent that, as of the date of such Investment and the date of any payment in respect thereof, and after giving effect thereto, the Payment Conditions are satisfied. 

“Permitted Overadvance” means an Overadvance made by the Administrative Agent, in its discretion, which: (a) is made
to maintain, protect or preserve the Collateral and/or the Secured Parties’ rights under the Loan Documents or which is otherwise for the benefit of the Secured Parties; or (b) is made to enhance the likelihood of, or to maximize the
amount of, repayment of any Obligation; (c) is made to pay any other amount chargeable to any Loan Party hereunder; and (d) together with all other Permitted Overadvances then outstanding, shall not (i) exceed ten percent
(10%) of the Borrowing Base at any time or (ii) unless a Liquidation is occurring, remain outstanding for more than forty-five (45) consecutive Business Days, unless in each case, the Required Lenders otherwise agree; provided,
that, the foregoing shall not (A) modify or abrogate any of the provisions of Section 2.03 regarding the Lender’s 

  
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obligations with respect to Letters of Credit, or (B) result in any claim or liability against the Administrative Agent (regardless of the amount of any Overadvance) for Unintentional
Overadvances and such Unintentional Overadvances shall not reduce the amount of Permitted Overadvances allowed hereunder, and provided, that, in no event shall the Administrative Agent make an Overadvance, if after giving effect
thereto, the principal amount of the Credit Extensions would exceed the Aggregate Commitments (as in effect prior to any termination of the Commitments pursuant to Section 2.06 hereof). 

“Permitted Refinancing” means any extension, renewal, replacement, modification or refinancing of any Permitted
Indebtedness of any Loan Party arising after the Closing Date issued in exchange for, or the proceeds of which are used to extend, refinance, replace or substitute for other Permitted Indebtedness (such extended, refinanced, replaced or substituted
Indebtedness, the “Refinanced Obligations”) to the extent permitted hereunder; provided that: (a) the Administrative Agent shall have received not less than ten (10) Business Days’ prior written notice of the intention to
incur such Indebtedness, which notice shall set forth in reasonable detail reasonably satisfactory to the Administrative Agent the amount of such Indebtedness, the schedule of repayments and maturity date with respect thereto and such other
information with respect thereto as the Administrative Agent may reasonably request; (b) promptly upon the Administrative Agent’s request, the Administrative Agent shall have received true, correct and complete copies of all agreements,
documents and instruments evidencing or otherwise related to such Indebtedness, as executed and delivered by the parties thereto; (c) the principal amount of such Refinancing Indebtedness shall not exceed the principal amount of the Refinanced
Obligations (plus the amount of reasonable refinancing fees and expenses incurred in connection therewith); (d) such Indebtedness shall have a final maturity that is no earlier than (i) in the case of Refinanced Obligations that constitute
Material Indebtedness, ninety-one (91) days after the Maturity Date, and (ii) in the case of all other Refinanced Obligations, three hundred sixty-four (364) days after the final maturity date of such Refinanced Obligations or, if
earlier, ninety (91) days after the Maturity Date; (e) such Indebtedness shall have a Weighted Average Life to Maturity not less than the Weighted Average Life to Maturity of the Refinanced Obligations; (f) such Indebtedness shall
rank in right of payment no more senior than, and be subordinated (if subordinated) to the Obligations on terms no less favorable to the Credit Parties than the Refinanced Obligations; (g)as of the date of incurring such Indebtedness and after
giving effect thereto, no Default or Event of Default shall exist or have occurred and be continuing; (h) if the Refinanced Obligations or any Guarantees thereof are unsecured, such Indebtedness and any Guarantees thereof shall be unsecured;
(i) if the Refinanced Obligations or any guarantees thereof are secured, such Indebtedness and any Guarantees thereof shall be secured in all material respects by substantially the same or less collateral as secured such Refinanced Obligations
or any guarantees thereof, on terms no less favorable to the Administrative Agent or the Lenders; (j) if the Refinanced Obligations or any guarantees thereof are secured, the Liens to secure such Indebtedness shall not have a priority more
senior than the Liens securing the Refinanced Obligations and if subordinated to any other Liens on such property, shall be subordinated to the Administrative Agent’s Liens on terms and conditions no less favorable; (k) if the Refinanced
Obligations or any Guarantees thereof are subordinated to any Indebtedness of the Borrower other than the Obligations, such Refinancing Indebtedness and any Guarantees thereof shall be subordinated to the Obligations on terms (including
intercreditor terms) no less favorable to the Administrative Agent or the Lenders; (l)the obligors in respect of the Refinanced Obligations immediately prior to such refinancing, refunding, extending, renewing or replacing thereof shall be the only
obligors on such Indebtedness; and (m) the terms and conditions (excluding as to pricing, premiums and optional prepayment or redemption provisions) of any such Indebtedness, taken as a whole, are not more restrictive with respect to the Lead
Borrower and the Restricted Subsidiaries, as reasonably determined by the Lead Borrower in good faith, than the terms and conditions of the Refinanced Obligations. 

  
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 “Permitted Term Loan Indebtedness” means secured Indebtedness incurred by
Borrowers after the Closing Date subject to the satisfaction, as reasonably determined by Administrative Agent, of the following conditions: (a) the aggregate maximum principal amount of such Indebtedness shall be in a principal amount not
greater than $150,000,000 minus the then outstanding principal amount of Additional PMSI Indebtedness, (b) such Indebtedness shall be on commercially reasonable terms and conditions with market rate pricing, (c) the maturity date of such
Indebtedness shall be no earlier than six (6) months after the Maturity Date, (d) scheduled amortization payments prior to or on the Maturity Date shall not exceed $6,000,000 in any calendar year (the “Maximum Annual Amortization
Amount”); provided, that, any market mandatory cash flow sweep prepayment shall be permitted to be made in addition to and not included as part of the Maximum Annual Amortization Amount, (e) Administrative Agent shall
have received, thirty (30) days prior to any such incurrence of such Indebtedness, pro forma (after giving effect to the incurrence of such Indebtedness and the application of the proceeds therefrom) projections on a monthly basis for the first
twelve (12) months and on an annual basis thereafter for the term of this Agreement, all in reasonable detail and in a format consistent with the projections delivered by Lead Borrower to Administrative Agent prior to the Closing Date, together
with such supporting information as Administrative Agent may reasonably request, using such methodology as is consistent with the then most recent financial statements delivered to Administrative Agent pursuant to the terms of the Loan Documents,
all in form and substance reasonably satisfactory to Administrative Agent, (f) the holders of such Indebtedness may have a first priority Lien on the Term Loan Priority Collateral to secure the payment of such Indebtedness, and a second
priority Lien on the Revolving Loan Priority Collateral subject to the intercreditor agreement referred in clause (g) immediately below, (g) the execution of an intercreditor agreement, in form and substance, reasonably satisfactory to
Administrative Agent, by and between the administrative agent for the holders of such Indebtedness and the Administrative Agent on behalf of itself and the other Secured Parties, with respect to the rights of each of Administrative Agent and the
other Secured Parties, and the administrative agent for the holders of the Indebtedness arising from the issuance of such Indebtedness as to the Loan Parties and the Collateral, including among other things, that Administrative Agent for the benefit
of itself and the other Secured Parties has a first priority Lien on the Revolving Loan Priority Collateral and a second priority Lien on the Term Loan Priority Collateral (referred to herein as the “Term Loan Intercreditor
Agreement”), (h) to the extent that there are outstanding Tranche A-1 Revolving Loans, and Tranche A Revolving Loans in respect of Real Property Availability, the initial proceeds of such Permitted Term Loan Indebtedness shall be used
to pay in full the outstanding Tranche A Revolving Loans in respect of Real Property Availability until paid in full and the Tranche A-1 Revolving Loans shall be paid in full and the Tranche A-1 Revolving Loan Commitments shall have been terminated,
(i) Administrative Agent shall have received at least thirty (30) days’ prior notice and other information, reasonably requested by Administrative Agent, related to such transactions, and (j) as of the date of the incurrence of
any such Indebtedness or the making of any payment in connection therewith, and after giving effect thereto, no Default or Event of Default shall exist or have occurred and be continuing. The amount of Additional PMSI Indebtedness outstanding at any
time plus the amount of Permitted Term Loan Indebtedness outstanding at any time shall not exceed $150,000,000, in the aggregate. 
 “Person” means any natural person, corporation, limited liability company, trust, joint venture, association, company, partnership, limited partnership, Governmental Authority or other
entity. 
 “Plan” means any “employee benefit plan” (as such term is defined in
Section 3(3) of ERISA) established by the Lead Borrower or, with respect to any such plan that is subject to Section 412 of the Code or Title IV of ERISA, any ERISA Affiliate. 

“Platform” has the meaning specified in the last paragraph of Section 6.02. 

“PPSA” means the Personal Property Security Act (Ontario), the Civil Code of Québec or any other applicable
Canadian Federal or Provincial statute pertaining to the granting, perfecting, priority or ranking of security interests, liens, hypothecs on personal property, and any successor statutes, together with any regulations thereunder, in each case as in
effect from time to time. References to sections of the PPSA shall be construed to also refer to any successor sections. 

  
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 “Prepayment Event” means: 

(a) solely to the extent a Cash Dominion Event then exists or would result therefrom, any Disposition (including pursuant to a sale and
leaseback transaction) of any property or asset of a Loan Party (other than Real Estate as set forth in clause (b) below); 

(b) solely to the extent a Cash Dominion Event then exists or would result therefrom, any Disposition of the Real Estate owned by the Lead
Borrower at 456 North Fifth Street, Philadelphia, Pennsylvania and assets related thereto; 
 (c) solely to the extent a Cash
Dominion Event then exists or would result therefrom, any Casualty Event with respect to Inventory or Eligible Real Estate (including the receipt of any Extraordinary Receipts with respect to such Casualty Event); 

(d) solely to the extent a Cash Dominion Event then exists, the issuance by a Loan Party or any of its Restricted Subsidiaries of any
Equity Interests, other than any such issuance of Equity Interests (i) to a Loan Party, (ii) as consideration for a Permitted Acquisition or other Investment permitted hereunder or (iii) as a compensatory issuance to any employee,
director, or consultant (including pursuant to any employee stock or option plans approved by the board of directors of such Loan Party); 
 (e) solely to the extent a Cash Dominion Event then exists, the incurrence by any Loan Party, of any Indebtedness for borrowed money issued by any Loan Party or its Restricted Subsidiaries (other than the
incurrence of (i) Permitted Term Loan Indebtedness in which event a Prepayment Event exists pursuant to clause (g) of this definition or (ii) Permitted Indebtedness described in clauses (c) and (l) of the definition
thereof); 
 (f) solely to the extent a Cash Dominion Event then exists, the receipt by any Loan Party of any Extraordinary
Receipts (other than Extraordinary Receipts in respect of Inventory or Eligible Real Property); or 
 (g) the date of the
incurrence of Permitted Term Loan Indebtedness. 
 “Priority Payables” shall mean, as to any Borrower or
Guarantor, as of any date of determination, (a) the full amount of the liabilities of such Borrower or Guarantor as of such date of determination which (i) have a trust imposed to provide for payment or a security interest, pledge, lien,
hypothec or charge ranking or capable of ranking senior to or pari passu with security interests, liens or charges securing the Obligations under Canadian federal, Provincial, state, county, district, municipal or local law in Canada, or
(ii) have a right imposed to provide for payment ranking or capable of ranking senior to or pari passu with the Obligations under local or national Canadian laws, regulations or directives, including, but not limited to, claims for unremitted
and/or accelerated rents, taxes, wages, withholding taxes, VAT and other amounts payable to an insolvency administrator, employee withholdings or deductions and vacation pay, workers’ compensation obligations, government royalties or pension
fund obligations, in each case to the extent such trust or security interest, lien or charge has been or may be imposed, and (b) the amount equal to the percentage applicable to Inventory in the calculation of Excess Availability multiplied by
the aggregate Value of the Eligible Inventory which Agent, in good faith, considers is or may be subject to retention of title by a supplier or a right of a supplier to recover possession thereof, where such supplier’s right has priority over
the security interests, hypothecs, liens or charges securing the Obligations, 

  
 54 

 
including, without limitation, Eligible Inventory subject to a right of a supplier to repossess goods pursuant to Section 81.1 of the Bankruptcy and Insolvency Act (Canada) or any applicable
laws granting revendication or similar rights to unpaid suppliers or any similar laws of Canada or any other applicable jurisdiction (provided, that, to the extent such Inventory has been identified and has been excluded from Eligible
Inventory, the amount owing to the supplier shall not be considered a Priority Payable). 
 “Public Lender” has
the meaning specified in last paragraph of Section 6.02. 
 “Public Market” shall exist if
(a) a Public Offering has been consummated and (b) any Equity Interests of the Lead Borrower have been distributed by means of an effective registration statement under the Securities Act of 1933. 

“Public Offering” means a public offering of the Equity Interests of the Lead Borrower pursuant to an effective
registration statement under the Securities Act of 1933. 
 “Qualified Cash” means unrestricted cash and Cash
Equivalents of Borrowers that are subject to the valid, enforceable and first priority perfected security interest of Administrative Agent in an investment account or deposit account at Administrative Agent or another institution reasonably
satisfactory to Administrative Agent subject to a Control Agreement, in form and substance reasonably satisfactory to Administrative Agent, and free and clear of any pledge, security interest, Lien, claim or other encumbrance (other than Liens
(i) in favor of Administrative Agent, and (ii) the Permitted Encumbrances set forth in clauses (a), (e), (u), and (r) of the definition of Permitted Encumbrances, provided, that, for purposes of the amount of Qualified
Cash in the Borrowing Base, such amount would be reduced by the amount secured by any such Permitted Encumbrances), are available for use by a Borrower, without condition or restriction (other than in favor of Administrative Agent), and for which
Administrative Agent shall have received evidence, in form and substance reasonably satisfactory to Administrative Agent, of the amount of such cash or Cash Equivalents held in such deposit account or investment account as of the applicable date of
the calculation of the Tranche A Borrowing Base. Borrowers shall be permitted to withdraw Qualified Cash from the applicable investment account or deposit account, as the case may be, until the occurrence and during the continuance of a Cash
Dominion Event. In addition, withdrawals of Qualified Cash shall be subject to the restrictions set forth in clause (f) of the definition of “Tranche A Borrowing Base” and the reporting requirements set forth in Schedule
6.02.  
 “Québec Hypothec” means a hypothec, in form and substance reasonably satisfactory to Agent
and all other documents contemplated thereby or delivered in connection therewith, each executed and delivered by the Loan Parties. 
 “Rabbi Trust” means any grantor trust established by an Obligor in accordance with Internal Revenue Service Revenue Procedure 96-24 to accept both employer and employee contributions made
under the terms of one or more SERPs. 
 “Real Estate” means all Leases and all land, together with the
buildings, structures, parking areas, and other improvements thereon, now or hereafter owned by any Loan Party, including all fixtures, hereditaments, appurtenances, easements, rights-of-way, and similar rights relating thereto and all leases,
tenancies, and occupancies thereof, now or hereafter owned by any Loan Party. 

  
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 “Real Estate Eligibility Requirements” means collectively, each of the
following: 
 (a) The Lead Borrower has executed and delivered to the Administrative Agent a Mortgage with respect to any Real
Estate intended by such Loan Party to be included in Eligible Real Estate; 
 (b) The Administrative Agent shall have received an
opinion of local counsel, in form and substance reasonably satisfactory to the Administrative Agent, from counsel to the Borrowers reasonably satisfactory to the Administrative Agent opining as to the due execution, delivery and enforceability of
the Mortgage and such other matters as may be requested by Administrative Agent; 
 (c) Such Real Estate is used by a Loan Party
for offices or as a Store, distribution center or warehouse; 
 (d) As to any particular property, the Loan Party and the
property is in compliance in all material respects with the representations, warranties and covenants set forth in the Mortgage relating to such Real Estate; 
 (e) The Administrative Agent shall have received fully paid American Land Title Association Lender’s Extended Coverage title insurance policies or marked-up title insurance commitments having the
effect of a policy of title insurance) (the “Mortgage Policies”) in form and substance, with the endorsements reasonably required by the Administrative Agent (to the extent available at commercially reasonable rates) and in amounts
reasonably acceptable to the Administrative Agent (provided, that, such amounts shall not exceed the Appraised Value of the applicable Mortgaged Property), issued, coinsured and reinsured (to the extent required by the Administrative
Agent) by title insurers reasonably acceptable to the Administrative Agent, insuring the Mortgages to be valid first and subsisting Liens on the property or leasehold interests described therein, free and clear of all defects (including, but not
limited to, mechanics’ and materialmen’s Liens) and encumbrances, excepting only Permitted Encumbrances having priority over the Lien of the Administrative Agent under applicable Law or otherwise reasonably acceptable to the Administrative
Agent; 
 (f) With respect to any Real Estate owned by a Borrower or any other Loan Party (excluding interests as lessee under a
Lease) which is intended by such Borrower or such other Loan Party to be included in Eligible Real Estate, the Administrative Agent shall have received American Land Title Association/American Congress on Surveying and Mapping form surveys, for
which all necessary fees (where applicable) have been paid, certified to the Administrative Agent and the issuer of the Mortgage Policies in a manner reasonably satisfactory to the Administrative Agent by a land surveyor duly registered and licensed
in the states in which the property described in such surveys is located and reasonably acceptable to the Administrative Agent, showing all buildings and other improvements, the location of any easements, parking spaces, rights of way, building
set-back lines and other dimensional regulations and the absence of encroachments, either by such improvements or on to such property, and other defects, other than encroachments and other defects reasonably acceptable to the Administrative Agent;

 (g) With respect to any Real Estate intended by any Borrower or other Loan Party to be included in Eligible Real Estate, the
Administrative Agent shall have received a Phase I Environmental Site Assessment in accordance with ASTM Standard E1527-05, in form and substance reasonably satisfactory to the Administrative Agent, from an environmental consulting firm reasonably
acceptable to the Administrative Agent, which report shall identify Recognized Environmental Conditions (in accordance with ASTM Standard E 1527-05) and shall to the extent possible quantify any related costs and liabilities, associated with such
conditions in accordance with ASTM Standard E 1527-05 and the Administrative Agent shall be reasonably satisfied with the nature and amount of any such matters. The Administrative Agent may, upon the receipt of a Phase I Environmental Site
Assessment require the delivery of further environmental assessments or reports to the extent such further assessments or reports are recommended in the Phase I Environmental Site Assessment; 

  
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 (h) If any improvements on the Real Estate or any part thereof is in an area designated by
the Department of Housing and Urban Development, the Federal Insurance Administration or other governmental agency, as subject to special flood risks, whether pursuant to the Flood Disaster Protection Act of 1973, any successor statute or otherwise,
the applicable Loan Party shall have delivered to the Administrative Agent evidence of flood insurance naming the Administrative Agent as mortgagee, which shall be reasonably satisfactory in form and substance to the Administrative Agent; and

 (i) The applicable Loan Party shall have delivered such other information and documents as may be reasonably requested by the
Administrative Agent, including, without limitation, such as may be necessary to comply with FIRREA. 
 “Real Property
Availability” means the lesser of (a) sixty percent (60%) multiplied by the Appraised Value of Eligible Real Estate or (b) $10,000,000. 
 “Realty Reserves” means such reserves as the Administrative Agent from time to time determines in the Administrative Agent’s Permitted Discretion as being appropriate to reflect the
impediments to the Administrative Agent’ ability to realize upon any Eligible Real Estate. Without limiting the generality of the foregoing, Realty Reserves may include (but are not limited to) (a) Environmental Compliance Reserves, and
(b) reserves for (i) municipal taxes and assessments, (ii) repairs and (iii) remediation of title defects, and (iv) reserves for Indebtedness secured by Liens having priority over the Lien of the Administrative Agent.

 “Receivables” shall mean all of the following now owned or hereafter arising or acquired property of any Loan
Party: (a) all Accounts; (b) all interest, fees, late charges, penalties, collection fees and other amounts due or to become due or otherwise payable in connection with any Account; (c) all payment intangibles of any Loan Party;
(d) letters of credit, indemnities, guarantees, security or other deposits and proceeds thereof issued payable to any Loan Party or otherwise in favor of or delivered to Borrower or Guarantor in connection with any Account; or (e) all
other accounts, contract rights, chattel paper, instruments, notes, general intangibles and other forms of obligations owing to any Loan Party, whether from the sale and lease of goods or other property, licensing of any property (including
Intellectual Property or other general intangibles), rendition of services or from loans or advances by any Loan Party or to or for the benefit of any third person (including loans or advances to any Affiliates or Subsidiaries of any Loan Party) or
otherwise associated with any Accounts, Inventory or general intangibles of any Loan Party (including, without limitation, choses in action, causes of action, tax refunds, tax refund claims, any funds which may become payable to any Loan Party in
connection with the termination of any Plan or other employee benefit plan and any other amounts payable to any Loan Party from any Plan or other employee benefit plan, rights and claims against carriers and shippers, rights to indemnification,
business interruption insurance and proceeds thereof, casualty or any similar types of insurance and any proceeds thereof and proceeds of insurance covering the lives of employees on which any Loan Party is a beneficiary). 

“Receivables Reserves” means such Reserves as may be established from time to time by the Administrative Agent in the
Administrative Agent’s Permitted Discretion with respect to the determination of the collectability in the ordinary course of Eligible Trade Receivables, including, without limitation, Dilution Reserves. 

“Register” has the meaning specified in Section 10.06(c). 

  
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 “Registered Public Accounting Firm” has the meaning specified by the
Securities Laws and shall be independent of the Lead Borrower and its Subsidiaries as prescribed by the Securities Laws. 

“Related Parties” means, with respect to any Person, such Person’s Affiliates and the partners, directors, officers,
employees, agents and advisors of such Person and of such Person’s Affiliates. 
 “Reportable Event” means
any of the events set forth in Section 4043(c) of ERISA, other than events for which the thirty (30) day notice period has been waived. 
 “Reports” has the meaning provided in Section 9.12(b). 

“Request for Credit Extension” means (a) with respect to a Borrowing, conversion or continuation of Committed Loans,
a Committed Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application and, if required by the L/C Issuer, a Standby Letter of Credit Agreement or Commercial Letter of Credit Agreement, as applicable, and
(c) with respect to a Swing Line Loan, a Swing Line Loan Notice. 
 “Required Lenders” means, as of any
date of determination, Lenders holding more than fifty percent (50%) of the Aggregate Commitments or, if the commitment of each Lender to make Loans and the obligation of the L/C Issuer to make L/C Credit Extensions have been terminated
pursuant to Section 8.02, Lenders holding in the aggregate more than fifty percent (50%) of the Total Outstandings (with the aggregate amount of each Lender’s risk participation and funded participation in L/C Obligations and
Swing Line Loans being deemed “held” by such Lender for purposes of this definition); provided, that, the Commitment of, and the portion of the Total Outstandings held or deemed held by, any Defaulting Lender or
Deteriorating Lender shall be excluded for purposes of making a determination of Required Lenders. 
 “Reserves”
means all Inventory Reserves, Availability Reserves, Realty Reserves, and Receivables Reserves. 
 “Responsible
Officer” means the chief executive officer, president, chief financial officer, secretary or assistant secretary, treasurer or assistant treasurer of a Loan Party or any of the other individuals designated in writing to the Administrative
Agent by an existing Responsible Officer of a Loan Party as an authorized signatory of any certificate or other document to be delivered hereunder. Any document delivered hereunder that is signed by a Responsible Officer of a Loan Party shall be
conclusively presumed to have been authorized by all necessary corporate, limited liability company partnership and/or other action on the part of such Loan Party and such Responsible Officer shall be conclusively presumed to have acted on behalf of
such Loan Party. 
 “Restricted Payment” means any dividend or other distribution (whether in cash, securities
or other property) with respect to any capital stock or other Equity Interest of any Person or any of its Subsidiaries, or any payment (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the
purchase, redemption, retirement, defeasance, acquisition, cancellation or termination of any such capital stock or other Equity Interest, or on account of any return of capital to such Person’s stockholders, partners or members (or the
equivalent of any thereof), or any option, warrant or other right to acquire any such dividend or other distribution or payment. Without limiting the foregoing, “Restricted Payments” with respect to any Person shall also include all
payments made by such Person with any proceeds of a dissolution or liquidation of such Person. 
 “Restricted
Subsidiary” means each Subsidiary of Lead Borrower that is not an Excluded Subsidiary. 

  
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 “Revolving Loan Priority Collateral” means assets and properties of the
Loan Parties consisting of the following: (i) Accounts, Receivables and payment intangibles (other than Accounts under contracts for sale of Term Loan Priority Collateral), (ii) chattel paper (other than chattel paper relating to Term Loan
Priority Collateral), (iii) deposit accounts and investment accounts (and all cash, checks and other negotiable instruments, funds and other evidences of payment held therein, but not any identifiable proceeds of Term Loan Priority Collateral),
(iv) investment property (but not Equity Interests in any Subsidiary of the Lead Borrower), (v) all Inventory, (vi) general intangibles consisting of payment intangibles, (vii) to the extent evidencing, governing, securing or
otherwise related to any of the foregoing and the other Revolving Loan Priority Collateral, all documents, general intangibles (excluding all Intellectual Property, but including loans or advances payable by a Loan Party to any other Loan Party),
instruments, investment property, commercial tort claims, letters of credit, supporting obligations and letter of credit rights, (viii) all books, records and documents related to the foregoing (including databases and other records, whether
tangible or electronic, which contain any information relating to any of the foregoing), and (ix) all proceeds and products of any or all of the foregoing in whatever form received, and proceeds of business interruption and other insurance and
claims against third parties. Extraordinary receipts constituting proceeds of judgments relating to any of the property referred to in the preceding sentence, insurance proceeds and condemnation awards in respect of any such property, indemnity
payments in respect of any such property and purchase price adjustments in connection with any such property shall constitute Revolving Loan Priority Collateral. 
 “S&P” means Standard & Poor’s Ratings Services, a division of The McGraw-Hill Companies, Inc. and any successor thereto. 

“Sarbanes-Oxley” means the Sarbanes-Oxley Act of 2002. 

“SEC” means the Securities and Exchange Commission, or any Governmental Authority succeeding to any of its principal
functions. 
 “Secured Party” or “Secured Parties” means (a) individually (i) each
Lender, (ii) the Administrative Agent, (iii) each L/C Issuer, (iv) the Arranger, (v) any other Person (including Affiliates of Lenders and the Administrative Agent) to whom Obligations (including Other Liabilities) are owing
until such time as the Obligations are paid in full, and (vi) the successors and assigns of each of the foregoing, and (b) collectively, all of the foregoing. 
 “Secured Party Expenses” means, without limitation, (a) all reasonable out-of-pocket expenses incurred by the Administrative Agent and its Affiliates, in connection with this
Agreement and the other Loan Documents, including without limitation (but in any event subject to the limitations described below) (i) the reasonable and documented fees, charges and disbursements of (A) counsel for the Administrative
Agent, (B) outside consultants for the Administrative Agent, (C) appraisers (but only to the extent expressly provided to be paid by the Borrowers as set forth in this Agreement), (D) field examinations (but only to the extent
expressly provided to be paid by the Borrowers as set forth in this Agreement), and (E) all such out-of-pocket expenses incurred during any workout, restructuring or negotiations in respect of the Obligations, (ii) in connection with
(A) the syndication of the credit facilities provided for herein, (B) the preparation, negotiation, administration, management, execution and delivery of this Agreement and the other Loan Documents or any amendments, modifications or
waivers of the provisions thereof (whether or not the transactions contemplated hereby or thereby shall be consummated), (C) the enforcement or protection of their rights in connection with this Agreement or the Loan Documents or efforts to
preserve, protect, collect, or enforce the Collateral, or (D) any workout, restructuring or negotiations in respect of any Obligations, and (b) with respect to the L/C Issuer, and its Affiliates, all reasonable and documented out-of-pocket
expenses incurred in connection with the issuance, amendment, renewal or extension of any Letter of Credit or any demand for payment 

  
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thereunder; and (c) all reasonable and documented out-of-pocket expenses incurred by the Lenders who are not the Administrative Agent, the L/C Issuer or any Affiliate of any of them, after
the occurrence and during the continuance of an Event of Default, provided, that, such Lenders shall be entitled to reimbursement for no more than one counsel representing all such Lenders (absent a conflict of interest in which case
the Lenders may engage and be reimbursed for additional counsel). Notwithstanding anything herein or otherwise to the contrary, no Loan Party shall be obligated to pay for or reimburse any party described in this definition for the fees for the
initial field examination or inventory appraisal conducted prior to the Closing Date. 
 “Securities Laws” means
the Securities Act of 1933, the Securities Exchange Act of 1934, Sarbanes-Oxley, and the applicable accounting and auditing principles, rules, standards and practices promulgated, approved or incorporated by the SEC or the PCAOB. 

“Security Agreement” means the Security Agreement dated as of the Closing Date among the Loan Parties and the
Administrative Agent. 
 “Security Documents” means the Security Agreement, the Intellectual Property Security
Agreement, the Blocked Account Agreements, the Mortgages, the DDA Notifications, the Credit Card Notifications, the Canadian Security Documents, and each other security agreement or other instrument or document executed and delivered to the
Administrative Agent pursuant to this Agreement or any other Loan Document granting a Lien to secure any of the Obligations. 

“SERP” means all non-qualified retirements plans approved by the members of any Loan Party’s board of directors,
whether individual supplemental agreements or executive deferred compensation plans. 
 “Settlement Date” has
the meaning provided in Section 2.14(a). 
 “Shareholders’ Equity” means, as of any date of
determination, consolidated shareholders’ equity of the Lead Borrower and its Subsidiaries as of that date determined in accordance with GAAP. 
 “Shrink” means Inventory which has been lost, misplaced, stolen, or is otherwise unaccounted for. 
 “Shrink Reserve” means an amount reasonably estimated by the Administrative Agent to be equal to that amount which is required in order that the Shrink reflected in Borrowers’ stock
ledger would be reasonably equivalent to the Shrink calculated as part of the Borrowers’ most recent physical inventory. 

“Solvent” and “Solvency” means, with respect to any Person on any date of determination, that on such
date (a) at fair valuation, all of the properties and assets of such Person are greater than the sum of the debts, including contingent liabilities, of such Person, (b) the present fair saleable value of the properties and assets of such
Person is not less than the amount that would be required to pay the probable liability of such Person on its debts as they become absolute and matured, (c) such Person is able to realize upon its properties and assets and pay its debts and
other liabilities, contingent obligations and other commitments as they mature in the normal course of business, (d) such Person does not intend to, and does not believe that it will, incur debts beyond such Person’s ability to pay as such
debts mature, and (e) such Person is not engaged in a business or a transaction, and is not about to engage in a business or transaction, for which such Person’s properties and assets would constitute unreasonably small capital after
giving due consideration to the prevailing practices in the industry in which such Person is engaged. The amount of all guarantees at any time shall be computed as the amount that, in light of all the facts and circumstances existing at the time,
can reasonably be expected to become an actual or matured liability. 

  
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 “Special Purpose Credit” means the letter of credit issued under that
certain Letter of Credit and Reimbursement Agreement dated as of July 1, 1998 among the Lead Borrower, Fleet Capital Corporation, as predecessor-in-interest to the Administrative Agent as Lender, and Fleet National Bank, predecessor in interest
to Bank of America, related to those certain $4,000,000 Philadelphia Authority for Industrial Development Variable/Fixed Rate Federally Taxable Economic Development Bonds (Mothers Work, Inc. Project) Series of 1995, as it may be or may have been
amended, modified, restated, supplemented, replaced, or substituted. 
 “Specified Canadian Pension Plan” means
any Canadian Pension Plan which contains a “defined benefit provision”, as defined in subsection 147.1(1) of the Income Tax Act (Canada). 
 “Specified Event of Default” means the occurrence of (a) any Event of Default described in any of Sections 8.01(a), 8.01(b) (but only with respect to an Event of
Default arising from the failure to deliver a Borrowing Base Certificate), 8.01(d) (but only with respect to representations and warranties set forth in a Borrowing Base Certificate) or 8.01(f) or (b) the exercise by
Administrative Agent of its rights and remedies upon an Event of Default. 
 “Spot Rate” has the meaning given
to such term in Section 1.07 hereof. 
 “Standby Letter of Credit” means any Letter of Credit that
is not a Commercial Letter of Credit and that (a) is used in lieu or in support of performance guaranties or performance, surety or similar bonds (excluding appeal bonds) arising in the ordinary course of business, (b) is used in lieu or
in support of stay or appeal bonds, (c) supports the payment of insurance premiums for reasonably necessary casualty insurance carried by any of the Loan Parties, or (d) supports payment or performance for identified purchases or exchanges
of products or services in the ordinary course of business. 
 “Standby Letter of Credit Agreement” means the
Standby Letter of Credit Agreement relating to the issuance of a Standby Letter of Credit in the form from time to time in use by the L/C Issuer. 
 “Stated Amount” means at any time the maximum amount for which a Letter of Credit may be honored. 
 “Statutory Reserve Rate” means a fraction (expressed as a decimal), the numerator of which is the number one and the denominator of which is the number one minus the aggregate of the
maximum reserve percentages (including any marginal, special, emergency or supplemental reserves) expressed as a decimal established by the FRB to which the Administrative Agent is subject with respect to the Adjusted LIBO Rate, for eurocurrency
funding (currently referred to as “Eurocurrency Liabilities” in Regulation D of the FRB). Such reserve percentages shall include those imposed pursuant to such Regulation D. LIBO Rate Loans shall be deemed to constitute eurocurrency
funding and to be subject to such reserve requirements without benefit of or credit for proration, exemptions or offsets that may be available from time to time to any Lender under such Regulation D or any comparable regulation. The Statutory
Reserve Rate shall be adjusted automatically on and as of the effective date of any change in any reserve percentage. 

“Store” means any retail store (which may include any real property, fixtures, equipment, inventory and other property
related thereto) operated, or to be operated, by any Loan Party other than a Leased Department. 
 “Store Leased
Location” means any Store which is subject to a lease agreement between a Loan Party and a third party, but excluding any location where a Loan Party is operating pursuant to a Leased Department Agreement. 

  
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 “Subordinated Indebtedness” means Indebtedness which is expressly
subordinated in right of payment to the prior payment in full of the Obligations and which is in form and on terms approved in writing by the Administrative Agent. 
 “Subsidiary” of a Person means a corporation, partnership, joint venture, limited liability company or other business entity of which a majority of the shares Equity Interests having
ordinary voting power for the election of directors or other governing body are at the time beneficially owned, or the management of which is otherwise controlled, directly, or indirectly through one or more intermediaries, or both, by such Person.
Unless otherwise specified, all references herein to a “Subsidiary” or to “Subsidiaries” shall refer to a Subsidiary or Subsidiaries of a Loan Party. 

“Swap Contract” means (a) any and all rate swap transactions, basis swaps, credit derivative transactions, forward
rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or forward bond price or forward bond index transactions,
interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency options, spot contracts, or any other similar
transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and (b) any and all transactions of any
kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master
Agreement, or any other master agreement (any such master agreement, together with any related schedules, a “Master Agreement”), including any such obligations or liabilities under any Master Agreement. 

“Swap Termination Value” means, in respect of any one or more Swap Contracts, after taking into account the effect of any
legally enforceable netting agreement relating to such Swap Contracts, (a) for any date on or after the date such Swap Contracts have been closed out and termination value(s) determined in accordance therewith, such termination value(s), and
(b) for any date prior to the date referenced in clause (a), the amount(s) determined as the mark-to-market value(s) for such Swap Contracts, as determined based upon one or more mid-market or other readily available quotations provided by any
recognized dealer in such Swap Contracts (which may include a Lender or any Affiliate of a Lender). 
 “Swing
Line” means the revolving credit facility made available by the Swing Line Lender pursuant to Section 2.04. 

“Swing Line Borrowing” means a borrowing of a Swing Line Loan pursuant to Section 2.04. 

“Swing Line Lender” means Wells Fargo, in its capacity as provider of Swing Line Loans, or any replacement or any
successor swing line lender permitted hereunder. 
 “Swing Line Loan” has the meaning specified in
Section 2.04(a). 
 “Swing Line Loan Notice” means a notice of a Swing Line Borrowing pursuant to
Section 2.04(b), which, if in writing, shall be substantially in the form of Exhibit B. 
 “Swing Line
Note” means the promissory note of the Borrowers substantially in the form of Exhibit C-2, payable to the order of the Swing Line Lender, evidencing the Swing Line Loans made by the Swing Line Lender. 

  
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 “Swing Line Sublimit” means an amount equal to $10,000,000. The Swing Line
Sublimit is part of, and not in addition to, the Aggregate Commitments. 
 “Synthetic Lease Obligation” means
the monetary obligation of a Person under (a) a so-called synthetic, off-balance sheet or tax retention lease, or (b) an agreement for the use or possession of property (including sale and leaseback transactions), in each case, creating
obligations that do not appear on the balance sheet of such Person but which, upon the application of any Debtor Relief Laws to such Person, would be characterized as the indebtedness of such Person (without regard to accounting treatment).

 “Taxes” means all present or future taxes, levies, imposts, duties, deductions, withholdings, assessments,
fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto. 
 “Termination Date” means the earliest to occur of (a) the Maturity Date, (b) the date on which the maturity of the Obligations is accelerated (or deemed accelerated) and the
Commitments are irrevocably terminated (or deemed terminated) in accordance with Article VII, or (c) the termination of the Commitments in accordance with the provisions of Section 2.06(a) hereof. 

“Term Loan Priority Collateral” means the assets and properties other than Revolving Loan Priority Collateral, including,
without limitation, Intellectual Property, Real Estate and fixtures of the Loan Parties. 
 “Total Outstandings”
means the aggregate Outstanding Amount of all Loans and all L/C Obligations. 
 “Total Tranche A Outstandings”
means the aggregate Outstanding Amount of all Tranche A Revolving Loans and all L/C Obligations. 
 “Total Tranche A-1
Outstandings” means the aggregate Outstanding Amount of all Tranche A-1 Revolving Loans. 
 “Tranche A Borrowing
Base” means, at any time of calculation, an amount equal to: 
 (a) the lesser of (i) the sum of (A) ninety
percent (90%) multiplied by the face amount of Eligible Credit Card Receivables; plus (B) eighty-five percent (85%) multiplied by the face amount of Eligible Trade Receivables; plus (C) eighty percent
(80%) multiplied by the face amount of Eligible Receivables consisting of Customer List and Marketing Services Receivables; plus (D) eighty percent (80%) multiplied by the face amount of Eligible Receivables consisting of
Leased Department Receivables or (ii) the amount equal to thirty percent (30%) of the Tranche A Borrowing Base (the “Tranche A Borrowing Base” calculation for purposes of this clause (ii), shall include the amount obtained in
clause (a)(i) without regard to the 30% limitation and the amounts set forth in clauses (b), (c), (d) and (e) and (f) below), and in the case of each of clauses (i) and (ii) net of any Receivables Reserves;
plus 
 (b) ninety percent (90%) of the Net Recovery Percentage of Eligible Inventory consisting of finished goods
Inventory and Eligible LC Inventory (other than Eligible In-Transit Inventory) multiplied by the Value of such Inventory, net of applicable Inventory Reserves; 

  
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 (c) the lesser of (i) ninety percent (90%) of the Net Recovery Percentage of
Eligible Inventory consisting of leased department finished goods Inventory multiplied by the Value of such Inventory, or (ii) the amount equal to thirty-five (35%) of the Tranche A Borrowing Base calculated pursuant to clauses (b),
(c) and (d) hereof (but without regard to the 35% limitation), and in the case of each of clauses (i) and (ii) net of any applicable Inventory Reserves; 

(d) the lesser of (i) ninety percent (90%) of the Net Recovery Percentage of Eligible In-Transit Inventory (exclusive of
Eligible LC Inventory) multiplied by the Value of such Inventory, net of applicable Inventory Reserves or (ii) $10,000,000; 

(e) Real Property Availability; plus 
 (f) one hundred percent (100%) of Qualified Cash, provided, that, Qualified Cash included in the Tranche A Borrowing Base may not be withdrawn from the deposit account or investment
account at Administrative Agent or another institution reasonably satisfactory to Administrative Agent, thereby reducing the Borrowing Base, unless and until the Lead Borrower furnishes the Administrative Agent with a Borrowing Base Certificate as
of the date of such proposed withdrawal reflecting that, after giving effect to such withdrawal, no Overadvance will result; 

minus 

(g) the then amount of all Availability Reserves. 
 “Tranche A Revolving Loan Commitment” means, at any time, as to any Lender, the principal amount set forth opposite such Lender’s name on Schedule 2.01 designated as such
Lender’s Tranche A Revolving Loan Commitment or on Schedule 1 of an the Assignment and Assumption Agreement pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 10.06, as the
same may be adjusted from time to time in accordance with the terms hereof; sometimes being collectively (as to all Tranche A Revolving Loan Lenders) referred to herein as the “Tranche A Revolving Loan Commitments”. 

“Tranche A Revolving Loan Lenders” means, at any time, Lenders having a Tranche A Revolving Loan Commitment or Tranche A
Revolving Loans owing to it at such time; each sometimes referred to herein individually as a “Tranche A Revolving Loan Lender”. 
 “Tranche A Revolving Loan Limit” means the lesser of (a) $55,000,000 (subject to adjustment as provided in Sections 2.06 and 2.14 of the Agreement) and (b) the Tranche A
Borrowing Base. 
 “Tranche A Revolving Loans” has the meaning specified in Section 2.01(a).

 “Tranche A-1 Borrowing Base” means, at any time of calculation, an amount equal to: 

(a) the sum of (i) ten percent (10%) multiplied by the face amount of Eligible Credit Card Receivables; plus
(ii) ten percent (10%) multiplied by the face amount of Eligible Trade Receivables; plus (iii) ten percent (10%) multiplied by the face amount of Eligible Receivables consisting of Customer List and Marketing Services
Receivables; plus (iv) ten percent (10%) multiplied by the face amount of Eligible Receivables consisting of Leased Department Receivables; plus 
 (b) ten percent (10%) of the Net Recovery Percentage of Eligible Inventory consisting of finished goods Inventory and Eligible LC Inventory (other than Eligible In-Transit Inventory) multiplied by
the Value of such Inventory; plus 

  
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 (c) ten percent (10%) of the Net Recovery Percentage of Eligible Inventory consisting
of leased department finished goods Inventory multiplied by the Value of such Inventory. 
 “Tranche A-1 Revolving Loan
Commitment” means, at any time, as to any Lender, the principal amount set forth opposite such Lender’s name on Schedule 2.01 designated as such Lender’s Tranche A-1 Revolving Loan Commitment or on Schedule 1 of an
the Assignment and Assumption pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 10.06, as the same may be adjusted from time to time in accordance with the terms hereof; sometimes being
collectively (as to all Tranche A-1 Revolving Loan Lenders) referred to herein as the “Tranche A-1 Revolving Loan Commitments”. 
 “Tranche A-1 Revolving Loan Lenders” means, at any time, Lenders having a Tranche A-1 Revolving Loan Commitment or Tranche A-1 Revolving Loans owing to it at such time; each sometimes
referred to herein individually as a “Tranche A-1 Revolving Loan Lender”. 
 “Tranche A-1 Revolving Loan
Limit” means the lesser of (a) $6,000,000, (subject to reduction as provided in Section 2.06 of the Agreement) and (b) the Tranche A-1 Borrowing Base. 

“Tranche A-1 Revolving Loans” has the meaning specified in Section 2.01(b). 

“Trading with the Enemy Act” has the meaning set forth in Section 10.18. 

“Type” means, with respect to a Committed Loan, its character as a (a) Tranche A Revolving Loan or Tranche A-1
Revolving Loan or (b) Base Rate Loan or a LIBO Rate Loan. 
 “UCC” or “Uniform Commercial
Code” means the Uniform Commercial Code as in effect from time to time in the State of New York provided, that, if a term is defined in Article 9 of the Uniform Commercial Code differently than in another Article thereof, the
term shall have the meaning set forth in Article 9; provided further that, if by reason of mandatory provisions of law, perfection, or the effect of perfection or non-perfection, of a security interest in any Collateral or the availability of
any remedy hereunder is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the State of New York, “Uniform Commercial Code” means the Uniform Commercial Code as in effect in such other jurisdiction for
purposes of the provisions hereof relating to such perfection or effect of perfection or non-perfection or availability of such remedy, as the case may be. 
 “UCP 600” means the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce and in effect as of July 1,
2007. 
 “UFCA” has the meaning specified in Section 10.22. 

“UFTA” has the meaning specified in Section 10.22. 

“Unfunded Pension Liability” means the excess of a Pension Plan’s benefit liabilities under Section 4001(a)(16)
of ERISA, over the current value of that Pension Plan’s assets, determined in accordance with the assumptions used for funding the Pension Plan pursuant to Section 412 of the Code for the applicable plan year. 

“Unintentional Overadvance” means an Overadvance which, to the Administrative Agent’s knowledge, did not constitute
an Overadvance when made but which has become an Overadvance resulting from changed circumstances beyond the control of the Secured Parties, including, without limitation, a reduction in the Appraised Value of property or assets included in the
Borrowing Base or misrepresentation by the Loan Parties. 

  
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 “United States” and “U.S.” mean the United States of
America. 
 “US Dollar Equivalent” means at any time (a) as to any amount denominated in Dollars, the
amount thereof at such time, and (b) as to any amount denominated in any other currency, the equivalent amount in Dollars calculated by Administrative Agent by converting such foreign currency involved in such computation into Dollars at the
spot rate for the purchase of Dollars with the applicable foreign currency as published in the Wall Street Journal in the “Exchange Rate” column under the heading “Currency Trading” (if currency is not quoted in the
Wall Street Journal on such day, such other source as the Agent shall reasonably select) on the Business Day immediately prior to such determination. 
 “Value” means, with respect to each category of Inventory, the Cost, consistent with the then current practices of Borrowers, without regard to intercompany profit or increases for
currency exchange rates. 
 “VAT” shall mean Value Added Tax imposed in Canada or any other jurisdiction and any
equivalent tax applicable in any jurisdiction (including Goods and Services Tax, Harmonized Sales Tax and Québec Sales Tax). 
 “Weighted Average Life to Maturity” shall mean, when applied to any Indebtedness at any date, the number of years obtained by dividing (a) the then outstanding principal amount of
such Indebtedness into (b) the total of the product obtained by multiplying (i) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal, including payment at final maturity, in
respect thereof, by (ii) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment. 
 “Wells Fargo” means Wells Fargo Bank, N.A. and its successors. 

“Wholly-Owned Subsidiary” means any Subsidiary of which all of the issued and outstanding shares of capital stock (other
than directors’ qualifying shares and shares held by a resident of the jurisdiction, in each case, as required by law) or other Equity Interests are owned by an one or more of the Borrowers and any of the Borrowers’ other Wholly-Owned
Subsidiaries at such time. 
  
 1.02. Other Interpretive
Provisions. With reference to this Agreement and each other Loan Document, unless otherwise specified herein or in such other Loan Document: 
 (a) The definitions of terms herein shall apply equally to the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine,
feminine and neuter forms. The words “include,” “includes” and “including” shall be deemed to be followed by the phrase “without limitation.” The word “will”
shall be construed to have the same meaning and effect as the word “shall.” Unless the context requires otherwise, (i) any definition of or reference to any agreement, instrument or other document (including any Organization
Document) shall be construed as referring to such agreement, instrument or other document as from time to time amended, modified, supplemented, extended, renewed, restated or replaced (subject to any restrictions on such amendments, supplements or
modifications set forth herein or in any other Loan Document), (ii) any reference herein to any Person shall be construed to include such Person’s successors and assigns, (iii) the words “herein,”
“hereof” and “hereunder,” and words of similar import when used in any Loan Document, shall be construed to refer to such Loan Document in its entirety and not to any particular provision thereof, (iv) all
references in a Loan Document to Articles, Sections, Exhibits and 

  
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Schedules shall be construed to refer to Articles and Sections of, and Exhibits and Schedules to, the Loan Document in which such references appear, (v) any reference to any law shall
include all statutory and regulatory provisions consolidating, amending replacing or interpreting such law and any reference to any law or regulation shall, unless otherwise specified, refer to such law or regulation as amended, modified or
supplemented from time to time, and (vi) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties,
including cash, securities, accounts and contract rights. 
 (b) In the computation of periods of time from a specified date to a
later specified date, the word “from” means “from and including;” the words “to” and “until” each mean “to but excluding;” and the word “through”
means “to and including.” 
 (c) Section headings herein and in the other Loan Documents are included for
convenience of reference only and shall not affect the interpretation of this Agreement or any other Loan Document. 
 (d) Any
reference herein or in any other Loan Document to the “satisfaction”, “repayment”, “paid in full” or “payment in full” of the Obligations (including, the “Guaranteed
Obligations” as defined in the Facility Guaranty and the “Secured Obligations” as defined in the Security Agreement) shall mean the repayment in Dollars in full in cash or immediately available funds (or, in the case of contingent
reimbursement obligations with respect to Letters of Credit and Bank Products (other than Swap Contracts), providing Cash Collateralization) of all of the Obligations (including the payment of any termination amount then applicable (or which would
or could become applicable as a result of the repayment of the other Obligations) under Swap Contracts with a Lender or an Affiliate of Lender) other than (i) unasserted contingent indemnification Obligations, (ii) any Obligations relating
to Bank Products (other than Swap Contracts) that, at such time, are allowed by the applicable Bank Product provider to remain outstanding without being required to be repaid or Cash Collateralized, and (iii) any Obligations relating to Swap
Contracts that, at such time, are allowed by the applicable provider of such Swap Contracts to remain outstanding without being required to be repaid. 
 1.03. Accounting Terms. 
 (a) Generally. All accounting terms not
specifically or completely defined herein shall be construed in conformity with, and all financial data (including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity
with, GAAP applied on a consistent basis, as in effect from time to time, applied in a manner consistent with that used in preparing the Audited Financial Statements, except as otherwise specifically prescribed herein. 

(b) Changes in GAAP. If at any time any change in GAAP would affect the computation of any financial ratio or requirement set forth
in any Loan Document, and either the Lead Borrower or the Required Lenders shall so request, the Administrative Agent, the Lenders and the Lead Borrower shall negotiate in good faith to amend such ratio or requirement to preserve the original intent
thereof in light of such change in GAAP (subject to the approval of the Required Lenders); provided, that, until so amended, (i) such ratio or requirement shall continue to be computed in accordance with GAAP prior to such change
therein and (ii) the Lead Borrower shall provide to the Administrative Agent and the Lenders financial statements and other documents required under this Agreement or as reasonably requested hereunder setting forth a reconciliation between
calculations of such ratio or requirement made before and after giving effect to such change in GAAP. 

  
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 (c) Lease. Notwithstanding any other provision contained herein, (i) any lease
that is treated as an operating lease for purposes of GAAP as of the Closing Date shall not be treated as Indebtedness or as a capital lease or Capital Lease Obligations and shall continue to be treated as an operating lease (and any future lease,
if it were in effect on the Closing Date, that would be treated as an operating lease for purposes of GAAP as of the Closing Date shall be treated as an operating lease), in each case for the purposes of this Agreement and (ii) any obligation
that is not treated as Indebtedness for the purposes of GAAP and otherwise included in the definition of “Indebtedness” as of the Closing Date shall not be treated as Indebtedness for purposes of this Agreement, in each case described in
subclauses (i) and (ii), notwithstanding any actual or proposed change in or application of GAAP after the Closing Date. 

1.04. Rounding. Any financial ratios required to be maintained by the Borrowers pursuant to this Agreement shall be calculated by
dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-up if there
is no nearest number). 
 1.05. Times of Day. Unless otherwise specified, all references herein to times of day shall be
references to Eastern time (daylight or standard, as applicable). 
 1.06. Letter of Credit Amounts. Unless otherwise
specified, all references herein to the amount of a Letter of Credit at any time shall be deemed to be the Stated Amount of such Letter of Credit in effect at such time; provided, that, with respect to any Letter of Credit that, by its
terms of any Issuer Documents related thereto, provides for one or more automatic increases in the Stated Amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum Stated Amount of such Letter of Credit after giving
effect to all such increases, whether or not such maximum Stated Amount is in effect at such time. 
 1.07. Currency
Equivalents Generally. Any amount specified in this Agreement (other than in Articles II, IX and X) or any of the other Loan Documents to be in Dollars shall also include the equivalent of such amount in any currency other
than Dollars, such equivalent amount thereof in the applicable currency to be determined by the Administrative Agent at such time on the basis of the Spot Rate (as defined below) for the purchase of such currency with Dollars. For purposes of this
Section 1.07, the “Spot Rate” for a currency means the rate determined by the Administrative Agent to be the rate quoted by the Person acting in such capacity as the spot rate for the purchase by such Person of such
currency with another currency through its principal foreign exchange trading office at approximately 11:00 a.m. on the date two Business Days prior to the date of such determination; provided, that, the Administrative Agent may obtain
such spot rate from another financial institution designated by the Administrative Agent if the Person acting in such capacity does not have as of the date of determination a spot buying rate for any such currency. 

1.08. Determination of Compliance with Certain Covenants. For purposes of determining compliance with any negative covenant set
forth in Section 7.01 (Liens), Section 7.02 (Investments), Section 7.03 (Indebtedness), Section 7.05 (Dispositions), Section 7.06 (Restricted Payments) and Section 7.07
(Prepayments of Indebtedness) (each of the foregoing the “Specified Negative Covenants”), (i) in the event that any Lien, Investment, Indebtedness, Disposition, Restricted Payment or prepayment of Indebtedness meets the criteria of
more than one of the categories permitted under the Specified Negative Covenants, the Lead Borrower, in its sole discretion, may classify or reclassify such Lien, Investment, Indebtedness, Disposition, Restricted Payment or prepayment of
Subordinated Indebtedness, as the case may be (or any portion thereof), and will only be required to include the amount and type of such Lien, Investment, Indebtedness, Disposition, Restricted Payment or prepayment of Subordinated Indebtedness,

  
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as the case may be, in one permitted category of Lien, Investment, Indebtedness, Disposition, Restricted Payment or prepayment of Subordinated Indebtedness, as the case may be and (ii) at
the time of incurrence or reclassification, the Lead Borrower will be entitled to divide and classify such Lien, Investment, Indebtedness, Disposition, Restricted Payment or prepayment of Subordinated Indebtedness, as the case may be, among the
relevant categories permitted under the Specified Negative Covenants. 
 ARTICLE II 

THE COMMITMENTS AND CREDIT EXTENSIONS 
 2.01. Committed Loans; Reserves. 
 (a) Subject to the terms and conditions
set forth herein, each Lender severally agrees to make loans (each such loan, a “Tranche A Revolving Loan”) to the Borrowers from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed
at any time outstanding the lesser of (x) the amount of such Lender’s Tranche A Revolving Loan Commitment, or (y) such Lender’s Applicable Percentage of the Tranche A Borrowing Base; subject in each case to the following
limitations: 
 (i) after giving effect to any Committed Borrowing, the Total Outstandings shall not exceed the Loan Cap,

 (ii) after giving effect to any Tranche A Revolving Loan, the Total Tranche A Outstandings shall not exceed the Tranche A
Revolving Loan Limit, 
 (iii) after giving effect to any Committed Borrowing pursuant to which Tranche A Revolving Loans are
requested, the aggregate Outstanding Amount of the Tranche A Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage
of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Tranche A Revolving Loan Commitment, 

(iv) The Outstanding Amount of all L/C Obligations shall not at any time exceed the Letter of Credit Sublimit, 

(v) Within the limits of each Lender’s Tranche A Revolving Loan Commitment, and subject to the other terms and conditions hereof,
the Borrower may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Tranche A Revolving Loans may be Base Rate Loans or LIBO Rate Loans, as further provided herein.

 (b) Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a
“Tranche A-1 Revolving Loan”) to the Borrowers from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the lesser of (x) the amount of such
Lender’s Tranche A-1 Revolving Loan Commitment, or (y) such Lender’s Applicable Percentage of the Tranche A-1 Borrowing Base; subject in each case to the following limitations: 

(i) after giving effect to any Committed Borrowing, the Total Outstandings shall not exceed the Loan Cap, 

(ii) after giving effect to any Tranche A-1 Revolving Loan, the Total Tranche A-1 Outstandings shall not exceed the Tranche A-1 Revolving
Loan Limit, and 

  
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 (iii) after giving effect to any Committed Borrowing pursuant to which Tranche A-1
Revolving Loans are requested, the aggregate Outstanding Amount of the Tranche A-1 Revolving Loans of any Lender, shall not exceed such Lender’s Tranche A-1 Revolving Loan Commitment. 
 Within the limits of each Lender’s Tranche A-1 Revolving Loan Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay
under Section 2.05, and reborrow under this Section 2.01. Tranche A-1 Revolving Loans may be Base Rate Loans or LIBO Rate Loans, as further provided herein. 

(c) The following are the Inventory Reserves and Availability Reserves as of the Closing Date: 

(i) Shrink Reserve (an Inventory Reserve): An amount equal to the amount set forth on the Borrowing Base Certificate delivered on the
Closing Date; 
 (ii) Rent Reserve (an Availability Reserve): An amount equal to one (1) month’s rent for all of the
Borrowers’ Store Leased Locations in each Landlord Lien State, other than Store Leased Locations with respect to which the Administrative Agent has received a Collateral Access Agreement in form reasonably satisfactory to the Administrative
Agent; 
 (iii) Customer Deposits Reserve (an Availability Reserve): An amount equal to thirty-three percent (33%) of the
Customer Deposits; 
 (iv) Priority Payables Reserve (an Availability Reserve); and 

(v) Customer Credit Liabilities Reserve (an Availability Reserve): An amount equal to thirty-three percent (33%) of the Customer
Credit Liabilities as reflected in the Borrowers’ books and records. 
 (d) The Administrative Agent shall have the right,
at any time and from time to time after the Closing Date in its discretion to establish, modify or eliminate Reserves against the Tranche A Borrowing Base. The Administrative Agent upon three (3) Business Days prior notice to the Lead Borrower
with respect to the establishment of any new categories of Reserves or changes in the methodology of the calculation of an existing category of Reserves (during which period the Administrative Agent shall be available to discuss any such proposed
new category of Reserves or proposed changes to methodology with Borrowers and Borrowers may take such action as may be required so that the event, condition or matter that is the basis for such reserve or change no longer exists in a manner and to
the extent reasonably satisfactory to Administrative Agent); provided, that, no such prior notice shall be required (i) at any time that an Event of Default is continuing, (ii) for changes to any Reserves resulting solely by
virtue of mathematical calculations of the amount of the Reserve in accordance with the methodology of calculation previously utilized (such as, but not limited to, rent and Customer Credit Liabilities), or (iii) for changes to Reserves or
establishment of additional Reserves if a Material Adverse Effect has occurred or it would be reasonably likely that a Material Adverse Effect to the Lenders would occur were such Reserve not changed or established prior to the expiration of such
three (3) Business Day period. The amount of any Reserve established by the Administrative Agent shall have a reasonable relationship to the event, condition or other matter which is the basis for such reserve as determined by the
Administrative Agent in its Permitted Discretion. The Administrative Agent shall not establish any Reserves that are duplicative of any other Reserves or items that are otherwise addressed or excluded through eligibility criteria. 

  
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 2.02. Borrowings, Conversions and Continuations of Committed Loans. 

(a) Committed Loans (other than Swing Line Loans) shall be either Base Rate Loans or LIBO Rate Loans as the Lead Borrower may request
subject to and in accordance with this Section 2.02. All Swing Line Loans shall be only Base Rate Loans. Subject to the other provisions of this Section 2.02, Committed Borrowings of more than one Type may be incurred at the
same time. 
 (b) Each Committed Borrowing, each conversion of Committed Loans from one Type to the other, and each continuation
of LIBO Rate Loans shall be made upon the Lead Borrower’s irrevocable notice to the Administrative Agent, which may be given by telephone. Each such notice must be received by the Administrative Agent not later than 11:00 a.m. (i) three
Business Days prior to the requested date of any Borrowing of, conversion to or continuation of LIBO Rate Loans or of any conversion of LIBO Rate Loans to Base Rate Loans, and (ii) one Business Day prior to the requested date of any Borrowing
of Base Rate Loans. Each telephonic notice by the Lead Borrower pursuant to this Section 2.02(b) must be confirmed promptly by delivery to the Administrative Agent of a written Committed Loan Notice, appropriately completed and signed by
a Responsible Officer of the Lead Borrower. Each Borrowing of, conversion to or continuation of LIBO Rate Loans shall be in a principal amount of $1,000,000 or a whole multiple of $500,000 in excess thereof. Except as provided in Sections
2.03(c) and 2.04(c), each Borrowing of or conversion to Base Rate Loans shall be in a principal amount of $200,000 or a whole multiple of $100,000 in excess thereof. Each Committed Loan Notice (whether telephonic or written) shall specify
(i) whether the Lead Borrower is requesting a Committed Borrowing, a conversion of Committed Loans from one Type to the other, or a continuation of LIBO Rate Loans, (ii) the requested date of the Borrowing, conversion or continuation, as
the case may be (which shall be a Business Day), (iii) whether such Committed Loan is a Tranche A Revolving Loan, a Tranche A-1 Revolving Loan or Swing Line Loan, provided, that, any request for a Tranche A Revolving Loan shall be
deemed a request for a Tranche A-1 Revolving Loan until such time as the aggregate outstanding principal amount of Tranche A-1 Revolving Loans equals the lesser of (A) the Tranche A-1 Borrowing Base or (B) the Tranche A-1Revolving Loan
Limit (iv) the principal amount of Committed Loans to be borrowed, converted or continued, (v) the Type of Committed Loans to be borrowed or to which existing Committed Loans are to be converted, and (vi) if applicable, the duration
of the Interest Period with respect thereto. If the Lead Borrower fails to specify a Type of Committed Loan in a Committed Loan Notice or if the Lead Borrower fails to give a timely notice requesting a conversion or continuation, then the applicable
Committed Loans shall be made as, or converted to, Base Rate Loans. Any such automatic conversion to Base Rate Loans shall be effective as of the last day of the Interest Period then in effect with respect to the applicable LIBO Rate Loans. If the
Lead Borrower requests a Borrowing of, conversion to, or continuation of LIBO Rate Loans in any such Committed Loan Notice, but fails to specify an Interest Period, it will be deemed to have specified an Interest Period of one month. Notwithstanding
anything to the contrary herein, a Swing Line Loan may not be converted to a LIBO Rate Loan. 
 (c) Following receipt of a
Committed Loan Notice, the Administrative Agent shall promptly notify each Lender of the amount of its Applicable Percentage of the applicable Committed Loans, and if no timely notice of a conversion or continuation is provided by the Lead Borrower,
the Administrative Agent shall notify each Lender of the details of any automatic conversion to Base Rate Loans described in Section 2.02(b). In the case of a Committed Borrowing, each Lender shall make the amount of its Committed Loan
available to the Administrative Agent in immediately available funds at the Administrative Agent’s Office not later than 1:00 p.m. on the Business Day specified in the applicable Committed Loan Notice. Upon satisfaction of the applicable
conditions set forth in Section 4.02 (and, if such Borrowing is the initial Credit Extension, Section 4.01), the Administrative Agent shall use reasonable efforts to make all funds so received available to the Borrowers in
like funds by no later than 4:00 p.m. on the day of receipt by the Administrative Agent either by (i) crediting the account of the Lead Borrower on the books of Wells Fargo with the amount of such funds or (ii) wire transfer of such funds,
in each case in accordance with instructions provided to (and reasonably acceptable to) the Administrative Agent by the Lead Borrower. 

  
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 (d) The Administrative Agent, without the request or consent of the Lead Borrower, may
advance any interest, fee, service charge (including direct wire fees), Secured Party Expenses, or other payment to which any Secured Party is entitled from the Loan Parties pursuant hereto or any other Loan Document and may charge the same to the
Loan Account notwithstanding that an Overadvance may result thereby. The Administrative Agent shall advise the Lead Borrower of any such advance or charge promptly after the making thereof. Such action on the part of the Administrative Agent shall
not constitute a waiver of the Administrative Agent’s rights and the Borrowers’ obligations under Section 2.05(c). Any amount which is added to the principal balance of the Loan Account as provided in this
Section 2.02(d) shall bear interest at the interest rate then and thereafter applicable to Base Rate Loans. 
 (e)
Except as otherwise provided herein, a LIBO Rate Loan may be continued or converted only on the last day of an Interest Period for such LIBO Rate Loan. During the existence of a Default or Event of Default, no Loans may be requested as, converted to
or continued as LIBO Rate Loans without the Consent of the Required Lenders. 
 (f) The Administrative Agent shall promptly
notify the Lead Borrower and the Lenders of the interest rate applicable to any Interest Period for LIBO Rate Loans upon determination of such interest rate. At any time that Base Rate Loans are outstanding, the Administrative Agent shall notify the
Lead Borrower and the Lenders of any change in Wells Fargo’s prime rate used in determining the Base Rate promptly following the public announcement of such change. 
 (g) After giving effect to all Committed Borrowings, all conversions of Committed Loans from one Type to the other, and all continuations of Committed Loans as the same Type, there shall not be more than
five (5) Interest Periods in effect with respect to LIBO Rate Loans. 
 (h) The Administrative Agent, the Lenders, the Swing
Line Lender and the L/C Issuer shall have no obligation to make any Loan or to provide any Letter of Credit if an Overadvance would result. The Administrative Agent may, in its discretion, make Permitted Overadvances without the consent of the
Borrowers, the Lenders, the Swing Line Lender and the L/C Issuer and the Borrowers and each Lender shall be bound thereby. Any Permitted Overadvance may constitute a Swing Line Loan. A Permitted Overadvance is for the account of the Borrowers and
shall constitute a Base Rate Loan and an Obligation and shall be repaid by the Borrowers in accordance with the provisions of Section 2.05(c). The making of any such Permitted Overadvance on any one occasion shall not obligate the
Administrative Agent or any Lender to make or permit any Permitted Overadvance on any other occasion or to permit such Permitted Overadvances to remain outstanding. The making by the Administrative Agent of a Permitted Overadvance shall not modify
or abrogate any of the provisions of Section 2.03 regarding the Lenders’ obligations to purchase participations with respect to Letter of Credits or of Section 2.04 regarding the Lenders’ obligations to purchase
participations with respect to Swing Line Loans. The Administrative Agent shall have no liability for, and no Loan Party or Secured Party shall have the right to, or shall, bring any claim of any kind whatsoever against the Administrative Agent with
respect to Unintentional Overadvances regardless of the amount of any such Overadvance(s). 

  
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 2.03. Letters of Credit. 

(a) The Letter of Credit Commitment. 
 (i) Subject to the terms and conditions set forth herein, (A) the L/C Issuer agrees, in reliance upon the agreements of the Lenders set forth in this Section 2.03, (1) from time to
time on any Business Day during the period from the Closing Date until the Letter of Credit Expiration Date, to issue Letters of Credit for the account of the Borrowers, and to amend or extend Letters of Credit previously issued by it, in accordance
with Section 2.03(b) below, and (2) to honor drawings under the Letters of Credit; and (B) the Lenders severally agree to participate in Letters of Credit issued for the account of the Borrowers and any drawings thereunder;
provided, that, after giving effect to any L/C Credit Extension with respect to any Letter of Credit, (1) the (aa) Total Outstandings shall not exceed the Loan Cap and (bb) the Total Tranche A Outstandings shall not exceed the
Tranche A Revolving Loan Limit, (2) the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s
Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Commitment, (3) the aggregate Outstanding Amount of the Tranche A Revolving Loans of any Lender, plus such Lender’s
Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Tranche A Revolving Loan Commitment,
and (4) the Outstanding Amount of the L/C Obligations shall not exceed the Letter of Credit Sublimit. Each request by the Lead Borrower for the issuance or amendment of a Letter of Credit shall be deemed to be a representation by the Borrowers
that the L/C Credit Extension so requested complies with the conditions set forth in the proviso to the preceding sentence. Within the foregoing limits, and subject to the terms and conditions hereof, the Borrowers’ ability to obtain Letters of
Credit shall be fully revolving, and accordingly the Borrowers may, during the foregoing period, obtain Letters of Credit to replace Letters of Credit that have expired or that have been drawn upon and reimbursed. Any L/C Issuer (other than Wells
Fargo or any of its Affiliates) shall notify the Administrative Agent in writing on each Business Day of all Letters of Credit issued on the prior Business Day by such L/C Issuer, provided, that, (A) until the Administrative Agent
advises any such Issuing Bank that the provisions of Section 4.02 are not satisfied, or (B) the aggregate amount of the Letters of Credit issued in any such week exceeds such amount as shall be agreed by the Administrative Agent and
the L/C Issuer, such L/C Issuer shall be required to so notify the Administrative Agent in writing only once each week of the Letters of Credit issued by such L/C Issuer during the immediately preceding week as well as the daily amounts outstanding
for the prior week, such notice to be furnished on such day of the week as the Administrative Agent and such L/C Issuer may agree. 
 (ii) No Letter of Credit shall be issued if, subject to Section 2.03(b)(iii), the expiry date of such requested Letter of Credit would occur after the Letter of Credit Expiration Date, unless
either such Letter of Credit is Cash Collateralized on or prior to the date of issuance of such Letter of Credit (or such later date as to which the Administrative Agent may agree) or all the Lenders have approved such expiry date. 

(iii) No Letter of Credit shall be issued without the prior consent of the Administrative Agent if: 

(A) any order, judgment or decree of any Governmental Authority or arbitrator shall by its terms purport to enjoin or restrain the L/C
Issuer from issuing such Letter of Credit, or any Law applicable to the L/C Issuer or any request or directive (whether or not having the force of law) from any Governmental Authority with jurisdiction over the L/C Issuer shall prohibit, or request
that the L/C Issuer refrain from, the issuance of letters of credit generally or such Letter of Credit in particular or shall impose upon the L/C Issuer with respect to such Letter of Credit any restriction, reserve or capital requirement (for which
the L/C Issuer is not otherwise compensated hereunder) not in effect on the Closing Date, or shall impose upon the L/C Issuer any unreimbursed loss, cost or expense which was not applicable on the Closing Date and which the L/C Issuer in good faith
deems material to it; 

  
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 (B) the issuance of such Letter of Credit would violate one or more policies of the L/C
Issuer applicable to letters of credit generally; 
 (C) except as otherwise agreed by the Administrative Agent and the L/C
Issuer, such Letter of Credit is in an initial Stated Amount less than $100,000, in the case of a Commercial Letter of Credit, or $500,000, in the case of a Standby Letter of Credit; 

(D) such Letter of Credit is to be denominated in a currency other than Dollars; provided, that, if the L/C Issuer, in its
discretion, issues a Letter of Credit denominated in a currency other than Dollars, all reimbursements by the Borrowers of the honoring of any drawing under such Letter of Credit shall be paid in Dollars based on the Spot Rate; 

(E) such Letter of Credit contains any provisions for automatic reinstatement of the Stated Amount after any drawing thereunder; or

 (F) a default of any Lender’s obligations to fund under Section 2.03(c) exists or any Lender is at such time
a Defaulting Lender hereunder, unless the Administrative Agent or L/C Issuer has entered into reasonably satisfactory arrangements with the Borrowers or such Lender to eliminate the L/C Issuer’s risk with respect to such Lender. 

(iv) The L/C Issuer shall not amend any Letter of Credit if (A) the L/C Issuer would not be permitted at such time to issue such
Letter of Credit in its amended form under the terms hereof or (B) the beneficiary of such Letter of Credit does not accept the proposed amendment to such Letter of Credit. 

(v) The L/C Issuer shall act on behalf of the Lenders with respect to any Letters of Credit issued by it and the documents associated
therewith, and the L/C Issuer shall have all of the benefits and immunities (A) provided to the Administrative Agent in Article IX with respect to any acts taken or omissions suffered by the L/C Issuer in connection with Letters of Credit
issued by it or proposed to be issued by it and Issuer Documents pertaining to such Letters of Credit as fully as if the term “Administrative Agent” as used in Article IX included the L/C Issuer with respect to such acts or
omissions, and (B) as additionally provided herein with respect to the L/C Issuer. 
 (b) Procedures for Issuance and
Amendment of Letters of Credit; Auto-Extension Letters of Credit. 
 (i) Each Letter of Credit shall be issued or amended,
as the case may be, upon the request of the Lead Borrower delivered to the L/C Issuer (with a copy to the Administrative Agent) in the form of a Letter of Credit Application, appropriately completed and signed by a Responsible Officer of the Lead
Borrower. Such Letter of Credit Application must be received by the L/C Issuer and the Administrative Agent not later than 11:00 a.m. at least two Business Days (or such other date and time as the Administrative Agent and the L/C Issuer may agree in
a particular instance in their sole discretion) prior to the proposed issuance date or date of amendment, as the case may be. In the case of a request for an initial issuance of a Letter of Credit, such Letter of Credit Application shall specify in
form and detail reasonably satisfactory to the Administrative Agent and the L/C Issuer: (A) the proposed issuance date of the requested Letter of Credit (which shall be a Business Day); (B) the amount thereof; (C) the expiry date
thereof; (D) the name and address of the beneficiary thereof; (E) the documents to be presented by such beneficiary in case of any drawing thereunder; (F) the full text of any certificate to be presented by such beneficiary in case of
any drawing thereunder; and (G) such other matters as the Administrative Agent or L/C Issuer may require. In the case of a request for an amendment of any outstanding Letter of Credit, such Letter of Credit Application shall specify in form and
detail 

  
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reasonably satisfactory to the Administrative Agent and the L/C Issuer (A) the Letter of Credit to be amended; (B) the proposed date of amendment thereof (which shall be a Business
Day); (C) the nature of the proposed amendment; and (D) such other matters as the Administrative Agent or the L/C Issuer may require. Additionally, the Lead Borrower shall furnish to the L/C Issuer and the Administrative Agent such other
documents and information pertaining to such requested Letter of Credit issuance or amendment, and any Issuer Documents (including, if requested by the L/C Issuer, a Standby letter of Credit Agreement or Commercial Letter of Credit Agreement, as
applicable), as the L/C Issuer or the Administrative Agent may require. 
 (ii) Promptly after receipt of any Letter of Credit
Application, the L/C Issuer will confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has received a copy of such Letter of Credit Application from the Lead Borrower and, if not, the L/C Issuer will
provide the Administrative Agent with a copy thereof. Unless the L/C Issuer has received written notice from any Lender, the Administrative Agent or any Loan Party, at least one Business Day prior to the requested date of issuance or amendment of
the applicable Letter of Credit, that one or more applicable conditions contained in Article IV shall not then be satisfied, then, subject to the terms and conditions hereof, the L/C Issuer shall, on the requested date, issue a Letter of
Credit for the account of the applicable Borrower or enter into the applicable amendment, as the case may be, in each case in accordance with the L/C Issuer’s usual and customary business practices. Immediately upon the issuance or amendment of
each Letter of Credit, each Lender shall be deemed to (without any further action), and hereby irrevocably and unconditionally agrees to, purchase from the L/C Issuer, without recourse or warranty, a risk participation in such Letter of Credit in an
amount equal to the product of such Lender’s Applicable Percentage times the Stated Amount of such Letter of Credit. Upon any change in the Commitments under this Agreement, it is hereby agreed that with respect to all L/C Obligations,
there shall be an automatic adjustment to the participations hereby created to reflect the new Applicable Percentages of the assigning and assignee Lenders. 
 (iii) If the Lead Borrower so requests in any applicable Letter of Credit Application, the L/C Issuer may, in its sole and absolute discretion, agree to issue a Standby Letter of Credit that has automatic
extension provisions (each, an “Auto-Extension Letter of Credit”); provided, that, any such Auto-Extension Letter of Credit must permit the L/C Issuer to prevent any such extension at least once in each twelve-month
period (commencing with the date of issuance of such Standby Letter of Credit) by giving prior notice to the beneficiary thereof not later than a day (the “Non-Extension Notice Date”) in each such twelve-month period to be agreed
upon at the time such Standby Letter of Credit is issued. Unless otherwise directed by the Administrative Agent or the L/C Issuer, the Lead Borrower shall not be required to make a specific request to the Administrative Agent or the L/C Issuer for
any such extension. Once an Auto-Extension Letter of Credit has been issued, the Lenders shall be deemed to have authorized (but may not require) the L/C Issuer to permit the extension of such Standby Letter of Credit at any time to an expiry date
not later than the Letter of Credit Expiration Date; provided, that, the Administrative Agent shall instruct the L/C Issuer not to permit any such extension if (A) the L/C Issuer has determined that it would not be permitted, or
would have no obligation, at such time to issue such Standby Letter of Credit in its revised form (as extended) under the terms hereof (by reason of the provisions of clause (ii) or (iii) of Section 2.03(a) or
otherwise), or (B) the L/C Issuer has received notice (which may be by telephone or in writing) on or before the day that is five Business Days before the Non-Extension Notice Date (1) from the Administrative Agent that the Required
Lenders have elected not to permit such extension or (2) from the Administrative Agent, any Lender or the Lead Borrower that one or more of the applicable conditions specified in Section 4.02 is not then satisfied, and in each such
case directing the L/C Issuer not to permit such extension. 
 (iv) Promptly after its delivery of any Letter of Credit or any
amendment to a Letter of Credit to an advising bank with respect thereto or to the beneficiary thereof, the L/C Issuer will also deliver to the Lead Borrower and the Administrative Agent a true and complete copy of such Letter of Credit or
amendment. 

  
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 (c) Drawings and Reimbursements; Funding of Participations. 

(i) Upon receipt from the beneficiary of any Letter of Credit of any notice of a drawing under such Letter of Credit, the L/C Issuer
shall notify the Lead Borrower and the Administrative Agent thereof not less than two (2) Business Days prior to the Honor Date (as defined below; provided, that, any failure to give or delay in giving such notice shall not
relieve the Borrowers of their obligation to reimburse the L/C Issuer and the Lenders with respect to any such payment. On the date of any payment by the L/C Issuer under a Letter of Credit (each such date, an “Honor Date”), the
Borrowers shall be deemed to have requested a Committed Borrowing of Base Rate Loans to be disbursed on the Honor Date in an amount equal to the amount of such payment, without regard to the minimum and multiples specified in
Section 2.02(b) for the principal amount of Base Rate Loans, and without regard to whether the conditions set forth in Section 4.02 have been met. Any notice given by the L/C Issuer or the Administrative Agent pursuant to
this Section 2.03(c)(i) may be given by telephone if immediately confirmed in writing; provided, that, the lack of such an immediate confirmation shall not affect the conclusiveness or binding effect of such notice.

 (ii) Each Lender’s obligation to make Committed Loans or L/C Advances to reimburse the L/C Issuer for amounts drawn
under Letters of Credit, as contemplated by this Section 2.03(c), shall be absolute and unconditional and shall not be affected by any circumstance, including (A) any setoff, counterclaim, recoupment, defense or other right which
such Lender may have against the L/C Issuer, any Borrower or any other Person for any reason whatsoever; (B) the occurrence or continuance of a Default, or (C) any other occurrence, event or condition, whether or not similar to any of the
foregoing, and without regard to whether the conditions set forth in Section 4.02 have been met. 
 (d) Repayment
of Participations. If any payment received by the L/C Issuer pursuant to Section 2.03(c)(i) is required to be returned under any of the circumstances described in Section 10.05 (including pursuant to any settlement
entered into by the L/C Issuer in its discretion), each Lender shall pay to the Administrative Agent for the account of the L/C Issuer its Applicable Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of
such demand to the date such amount is returned by such Lender, at a rate per annum equal to the Federal Funds Rate from time to time in effect. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations
and the termination of this Agreement. 
 (e) Obligations Absolute. The obligation of the Borrowers to reimburse the L/C
Issuer for each drawing under each Letter of Credit shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, including the following: 

(i) any lack of validity or enforceability of such Letter of Credit, this Agreement, or any other Loan Document; 

(ii) the existence of any claim, counterclaim, setoff, defense or other right that the Borrowers or any Subsidiary may have at any time
against any beneficiary or any transferee of such Letter of Credit (or any Person for whom any such beneficiary or any such transferee may be acting), the L/C Issuer or any other Person, whether in connection with this Agreement, the transactions
contemplated hereby or by such Letter of Credit or any agreement or instrument relating thereto, or any unrelated transaction; 

  
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 (iii) any draft, demand, certificate or other document presented under such Letter of
Credit proving to be forged, fraudulent, invalid or insufficient in any respect or any statement therein being untrue or inaccurate in any respect; or any loss or delay in the transmission or otherwise of any document required in order to make a
drawing under such Letter of Credit; 
 (iv) any payment by the L/C Issuer under such Letter of Credit against presentation of a
draft or certificate that does not strictly comply with the terms of such Letter of Credit; or any payment made by the L/C Issuer under such Letter of Credit to any Person purporting to be a trustee in bankruptcy, debtor-in-possession, assignee for
the benefit of creditors, liquidator, receiver or other representative of or successor to any beneficiary or any transferee of such Letter of Credit, including any arising in connection with any proceeding under any Debtor Relief Law; 

(v) any other circumstance or happening whatsoever, whether or not similar to any of the foregoing, including any other circumstance that
might otherwise constitute a defense available to, or a discharge of, the Borrowers or any of their Subsidiaries; or 
 (vi) the
fact that any Event of Default shall have occurred and be continuing. 
 The Lead Borrower shall promptly examine a copy of each Letter of
Credit and each amendment thereto that is delivered to it and, in the event of any claim of noncompliance with the Lead Borrower’s instructions or other irregularity, the Lead Borrower will immediately notify the Administrative Agent and the
L/C Issuer. The Borrowers shall be conclusively deemed to have waived any such claim against the L/C Issuer and its correspondents unless such notice is given as aforesaid. 
 (f) Role of L/C Issuer. Each Lender and the Borrowers agree that, in paying any drawing under a Letter of Credit, the L/C Issuer shall not have any responsibility to obtain any document (other than
any sight draft, certificates and documents expressly required by the Letter of Credit) or to ascertain or inquire as to the validity or accuracy of any such document or the authority of the Person executing or delivering any such document. None of
the L/C Issuer, the Administrative Agent, any of their respective Related Parties nor any correspondent, participant or assignee of the L/C Issuer shall be liable to any Lender for (i) any action taken or omitted in connection herewith at the
request or with the approval of the Lenders or the Required Lenders, as applicable; (ii) any action taken or omitted in the absence of gross negligence, bad faith or willful misconduct; (iii) any error, omission, interruption, loss or
delay in transmission or delivery of any draft, notice or other communication under or relating to any Letter of Credit or any error in interpretation of technical terms; or (iv) the due execution, effectiveness, validity or enforceability of
any document or instrument related to any Letter of Credit or Issuer Document. The Borrowers hereby assume all risks of the acts or omissions of any beneficiary or transferee with respect to its use of any Letter of Credit; provided,
that, this assumption is not intended to, and shall not, preclude the Borrowers’ pursuing such rights and remedies as it may have against the beneficiary or transferee at law or under any other agreement. None of the L/C Issuer, the
Administrative Agent, any of their respective Related Parties nor any correspondent, participant or assignee of the L/C Issuer shall be liable or responsible for any of the matters described in clauses (i) through (v) of
Section 2.03(e) or for any action, neglect or omission under or in connection with any Letter of Credit or Issuer Documents, including, without limitation, the issuance or any amendment of any Letter of Credit, the failure to issue or
amend any Letter of Credit, or the honoring or dishonoring of any demand under any Letter of Credit, and such action or neglect or omission will bind the Borrowers; provided, that, anything in such clauses to the contrary
notwithstanding, the Borrowers may have a claim against the L/C Issuer, and the L/C Issuer may be liable to the Borrowers, to the extent, but only to the extent, of any direct, as opposed to consequential, exemplary or punitive damages suffered by
the Borrowers which the Borrowers prove were caused by the L/C Issuer’s willful misconduct, bad faith or gross negligence or the L/C Issuer’s willful failure to pay under any Letter of Credit after the presentation to it by the beneficiary
of a 

  
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sight draft and certificate(s) strictly complying with the terms and conditions of a Letter of Credit; provided, that, any claim against the L/C Issuer by the Borrowers for any loss
suffered or incurred by the Borrowers shall be reduced by an amount equal to the sum of (i) the amount (if any) saved by the Borrowers as a result of the breach or other wrongful conduct that allegedly caused such loss, and (ii) the amount
(if any) of the loss that would have been avoided had the Borrowers taken all reasonable steps to mitigate such loss, including, without limitation, by enforcing their rights against any beneficiary and, in case of a claim of wrongful dishonor, by
specifically and timely authorizing the L/C Issuer to cure such dishonor. In furtherance and not in limitation of the foregoing, the L/C Issuer may accept documents that appear on their face to be in order, without responsibility for further
investigation, regardless of any notice or information to the contrary (or the L/C Issuer may refuse to accept and make payment upon such documents if such documents are not in strict compliance with the terms of such Letter of Credit and may
disregard any requirement in a Letter of Credit that notice of dishonor be given in a particular manner and any requirement that presentation be made at a particular place or by a particular time of day), and the L/C Issuer shall not be responsible
for the validity or sufficiency of any instrument transferring or assigning or purporting to transfer or assign a Letter of Credit or the rights or benefits thereunder or proceeds thereof, in whole or in part, which may prove to be invalid or
ineffective for any reason. The L/C Issuer shall not be responsible for the wording of any Letter of Credit (including, without limitation, any drawing conditions or any terms or conditions that are ineffective, ambiguous, inconsistent, unduly
complicated or reasonably impossible to satisfy), notwithstanding any assistance the L/C Issuer may provide to the Borrowers with drafting or recommending text for any Letter of Credit Application or with the structuring of any transaction related
to any Letter or Credit, and the Borrowers hereby acknowledge and agree that any such assistance will not constitute legal or other advice by the L/C Issuer or any representation or warranty by the L/C Issuer that any such wording or such Letter of
Credit will be effective. Without limiting the foregoing, the L/C Issuer may, as it deems appropriate, modify or alter and use in any Letter of Credit the terminology contained on the Letter of Credit Application for such Letter of Credit.

 (g) Cash Collateral. Upon the request of the Administrative Agent, (i) if the L/C Issuer has honored any full or
partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Obligation that remains outstanding, or (ii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the
Borrowers shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations. Sections 2.05 and 8.02(c) set forth additional circumstances and events which require L/C Obligations to be Cash
Collateralized. The Borrowers hereby grant to the Administrative Agent a security interest in all Cash Collateral and all proceeds of the foregoing. Cash Collateral shall be maintained in blocked, non-interest bearing deposit accounts at Wells
Fargo. If at any time the Administrative Agent determines that any funds held as Cash Collateral are subject to any right or claim of any Person other than the Administrative Agent or that the total amount of such funds is less than the aggregate
Outstanding Amount of all L/C Obligations, the Borrowers will, forthwith upon demand by the Administrative Agent, pay to the Administrative Agent, as additional funds to be deposited as Cash Collateral, an amount equal to the excess of (x) such
aggregate Outstanding Amount over (y) the total amount of funds, if any, then held as Cash Collateral that the Administrative Agent determines to be free and clear of any such right and claim. Upon the drawing of any Letter of Credit for which
funds are on deposit as Cash Collateral, such funds shall be applied, to the extent permitted under applicable Laws, to reimburse the L/C Issuer and, to the extent not so applied, shall thereafter be applied to satisfy other Obligations. 

(h) Applicability of ISP and UCP 600. Unless otherwise expressly agreed by the L/C Issuer and the Lead Borrower when a Letter of
Credit is issued, (i) the rules of the ISP and UCP 600 shall apply to each Standby Letter of Credit, and (ii) the rules of the UCP 600 shall apply to each Commercial Letter of Credit. 

  
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 (i) Letter of Credit Fees. The Borrowers shall pay to the Administrative Agent for
the account of each Lender in accordance with its Applicable Percentage a Letter of Credit fee (the “Letter of Credit Fee”) for each Letter of Credit equal to the Applicable Margin for LIBO Rate Loans that are Tranche A Revolving
Loans minus 0.50% multiplied by the daily Stated Amount under each such Letter of Credit (whether or not such maximum amount is then in effect under such Letter of Credit). For purposes of computing the daily amount available to be drawn
under any Letter of Credit, the amount of the Letter of Credit shall be determined in accordance with Section 1.06. Letter of Credit Fees shall be (i) due and payable on the first day after the end of each month commencing with the
first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand, and (ii) computed on a monthly basis in arrears. Notwithstanding anything to the contrary contained herein,
while any Event of Default exists, all Letter of Credit Fees shall accrue at the Default Rate as provided in Section 2.12(b) hereof. 
 (j) Documentary and Processing Charges Payable to L/C Issuer. The Borrowers shall pay directly to the L/C Issuer, for its own account the customary issuance, presentation, amendment and other
processing fees, and other standard costs and charges, of the L/C Issuer relating to letters of credit as from time to time in effect. Such customary fees and standard costs and charges are due and payable on demand and are nonrefundable.

 (k) Conflict with Issuer Documents. In the event of any conflict between the terms hereof and the terms of any Issuer
Document, the terms hereof shall control. 
 2.04. Swing Line Loans. 

(a) The Swing Line. Subject to the terms and conditions set forth herein, the Swing Line Lender may, in reliance upon the
agreements of the other Lenders set forth in this Section 2.04, make loans (each such loan, a “Swing Line Loan”) to the Borrowers from time to time on any Business Day during the Availability Period in an aggregate
amount not to exceed at any time outstanding the amount of the Swing Line Sublimit, notwithstanding the fact that such Swing Line Loans, when aggregated with the Applicable Percentage of the Outstanding Amount of Committed Loans and L/C Obligations
of the Lender acting as Swing Line Lender, may exceed the amount of such Lender’s Commitment; provided, that, after giving effect to any Swing Line Loan, (i) the Total Outstandings shall not exceed Loan Cap, and (ii) the
aggregate Outstanding Amount of the Committed Loans of any Lender at such time, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations at such time, plus such Lender’s Applicable Percentage of the
Outstanding Amount of all Swing Line Loans at such time shall not exceed such Lender’s Commitment, and provided, further, that the Borrowers shall not use the proceeds of any Swing Line Loan to refinance any outstanding Swing Line
Loan, and provided, further, that, the Swing Line Lender shall not be obligated to make any Swing Line Loan at any time when any Lender is at such time a Defaulting Lender hereunder, unless the Swing Line Lender has entered into
reasonably satisfactory arrangements with the Borrower or such Lender to eliminate the Swing Line Lender’s risk with respect to such Lender. Within the foregoing limits, and subject to the other terms and conditions hereof, the Borrowers may
borrow under this Section 2.04, prepay under Section 2.05, and reborrow under this Section 2.04. Each Swing Line Loan shall bear interest only at a rate based on the Base Rate. Immediately upon the making of a
Swing Line Loan, each Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Swing Line Lender a risk participation in such Swing Line Loan in an amount equal to the product of such Lender’s
Applicable Percentage times the amount of such Swing Line Loan. The Swing Line Lender shall have all of the benefits and immunities (A) provided to the Administrative Agent in Article IX with respect to any acts taken or omissions
suffered by the Swing Line Lender in connection with Swing Line Loans made by it or proposed to be made by it as if the term “Administrative Agent” as used in Article IX included the Swing Line Lender with respect to such
acts or omissions, and (B) as additionally provided herein with respect to the Swing Line Lender. 

  
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 (b) Borrowing Procedures. Each Swing Line Borrowing shall be made upon the Lead
Borrower’s irrevocable notice to the Swing Line Lender and the Administrative Agent, which may be given by telephone. Each such notice must be received by the Swing Line Lender and the Administrative Agent not later than 1:00 p.m. on the
requested borrowing date, and shall specify (i) the amount to be borrowed, which shall be a minimum of $100,000, and (ii) the requested borrowing date, which shall be a Business Day. Each such telephonic notice must be confirmed promptly
by delivery to the Swing Line Lender and the Administrative Agent of a written Swing Line Loan Notice, appropriately completed and signed by a Responsible Officer of the Lead Borrower. Promptly after receipt by the Swing Line Lender of any
telephonic Swing Line Loan Notice, the Swing Line Lender will confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has also received such Swing Line Loan Notice and, if not, the Swing Line Lender will
notify the Administrative Agent (by telephone or in writing) of the contents thereof. Unless the Swing Line Lender has received notice (by telephone or in writing) from the Administrative Agent at the request of the Required Lenders prior to 2:00
p.m. on the date of the proposed Swing Line Borrowing (A) directing the Swing Line Lender not to make such Swing Line Loan as a result of the limitations set forth in the proviso to the first sentence of Section 2.04(a), or
(B) that one or more of the applicable conditions specified in Article IV is not then satisfied, then, subject to the terms and conditions hereof, the Swing Line Lender may, not later than 3:00 p.m. on the borrowing date specified in
such Swing Line Loan Notice, make the amount of its Swing Line Loan available to the Borrowers at its office by crediting the account of the Lead Borrower on the books of the Swing Line Lender in immediately available funds. 

(c) Refinancing of Swing Line Loans. 
 (i) The Swing Line Lender at any time in its sole and absolute discretion may request, on behalf of the Borrowers (which hereby irrevocably authorize the Swing Line Lender to so request on their behalf),
that each Lender make a Base Rate Loan in an amount equal to such Lender’s Applicable Percentage of the amount of Swing Line Loans then outstanding. Such request shall be made in writing (which written request shall be deemed to be a Committed
Loan Notice for purposes hereof) and in accordance with the requirements of Section 2.02, without regard to the minimum and multiples specified therein for the principal amount of Base Rate Loans, but subject to the unutilized portion of
the Aggregate Commitments and the conditions set forth in Section 4.02. The Swing Line Lender shall furnish the Lead Borrower with a copy of the applicable Committed Loan Notice promptly after delivering such notice to the Administrative
Agent. Each Lender shall make an amount equal to its Applicable Percentage of the amount specified in such Committed Loan Notice available to the Administrative Agent in immediately available funds for the account of the Swing Line Lender at the
Administrative Agent’s Office not later than 1:00 p.m. on the day specified in such Committed Loan Notice, whereupon, subject to Section 2.04(c)(ii), each Lender that so makes funds available shall be deemed to have made a Base Rate
Loan to the Borrowers in such amount. The Administrative Agent shall remit the funds so received to the Swing Line Lender. 

(ii) If for any reason any Swing Line Loan cannot be refinanced by such a Committed Borrowing in accordance with
Section 2.04(c)(i), the request for Base Rate Loans submitted by the Swing Line Lender as set forth herein shall be deemed to be a request by the Swing Line Lender that each of the Lenders fund its risk participation in the relevant
Swing Line Loan and each Lender’s payment to the Administrative Agent for the account of the Swing Line Lender pursuant to Section 2.04(c)(i) shall be deemed payment in respect of such participation. 

  
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 (iii) If any Lender fails to make available to the Administrative Agent for the account of
the Swing Line Lender any amount required to be paid by such Lender pursuant to the foregoing provisions of this Section 2.04(c) by the time specified in Section 2.04(c)(i), the Swing Line Lender shall be entitled to recover
from such Lender (acting through the Administrative Agent), on demand, such amount with interest thereon for the period from the date such payment is required to the date on which such payment is immediately available to the Swing Line Lender at a
rate per annum equal to the greater of the Federal Funds Rate and a rate determined by the Swing Line Lender in accordance with banking industry rules on interbank compensation plus any administrative, processing or similar fees customarily charged
by the Swing Line Lender in connection with the foregoing. If such Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s Committed Loan included in the relevant Committed Borrowing or
funded participation in the relevant Swing Line Loan, as the case may be. A certificate of the Swing Line Lender submitted to any Lender (through the Administrative Agent) with respect to any amounts owing under this clause (iii) shall be
conclusive absent manifest error. 
 (iv) Each Lender’s obligation to make Committed Loans or to purchase and fund risk
participations in Swing Line Loans pursuant to this Section 2.04(c) shall be absolute and unconditional and shall not be affected by any circumstance, including (A) any setoff, counterclaim, recoupment, defense or other right which
such Lender may have against the Swing Line Lender, the Borrowers or any other Person for any reason whatsoever, (B) the occurrence or continuance of a Default, or (C) any other occurrence, event or condition, whether or not similar to any
of the foregoing; provided, that, each Lender’s obligation to make Committed Loans pursuant to this Section 2.04(c) is subject to the conditions set forth in Section 4.02. No such funding of risk
participations shall relieve or otherwise impair the obligation of the Borrowers to repay Swing Line Loans, together with interest as provided herein. 
 (d) Repayment of Participations. 
 (i) At any time after any Lender has
purchased and funded a risk participation in a Swing Line Loan, if the Swing Line Lender receives any payment on account of such Swing Line Loan, the Swing Line Lender will distribute to such Lender its Applicable Percentage of such payment
(appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Lender’s risk participation was funded) in the same funds as those received by the Swing Line Lender. 

(ii) If any payment received by the Swing Line Lender in respect of principal or interest on any Swing Line Loan is required to be
returned by the Swing Line Lender under any of the circumstances described in Section 10.05 (including pursuant to any settlement entered into by the Swing Line Lender in its discretion), each Lender shall pay to the Swing Line Lender
its Applicable Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make
such demand upon the request of the Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement. 

(e) Interest for Account of Swing Line Lender. The Swing Line Lender shall be responsible for invoicing the Borrowers for interest
on the Swing Line Loans. Until each Lender funds its Base Rate Loan or risk participation pursuant to this Section 2.04 to refinance such Lender’s Applicable Percentage of any Swing Line Loan, interest in respect of such Applicable
Percentage shall be solely for the account of the Swing Line Lender. 

  
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 (f) Payments Directly to Swing Line Lender. The Borrowers shall make all payments of
principal and interest in respect of the Swing Line Loans directly to the Swing Line Lender. 
 2.05. Prepayments.

 (a) The Borrowers may prior to a Cash Dominion Event, upon irrevocable notice from the Lead Borrower to the Administrative
Agent, at any time or from time to time voluntarily prepay Committed Loans in whole or in part without premium or penalty; provided, that, (i) such notice must be received by the Administrative Agent not later than 11:00 a.m.
(A) three Business Days prior to any date of prepayment of LIBO Rate Loans and (B) on the date of prepayment of Base Rate Loans; (ii) any prepayment of LIBO Rate Loans shall be in a principal amount of $5,000,000 or a whole multiple
of $1,000,000 in excess thereof; and (iii) any prepayment of Base Rate Loans shall be in a principal amount of $500,000 or a whole multiple of $100,000 in excess thereof or, in each case, if less, the entire principal amount thereof then
outstanding. Each such notice shall specify the date and amount of such prepayment and the Type(s) of Loans to be prepaid and, if LIBO Rate Loans, the Interest Period(s) of such Loans. The Administrative Agent will promptly notify each Lender of its
receipt of each such notice, and of the amount of such Lender’s Applicable Percentage of such prepayment. If such notice is given by the Lead Borrower, the Borrowers shall make such prepayment and the payment amount specified in such notice
shall be due and payable on the date specified therein. Any prepayment of a LIBO Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05. Each
such prepayment shall be applied to the Committed Loans of the Lenders in accordance with their respective Applicable Percentages. 
 (b) The Borrowers may, upon irrevocable notice from the Lead Borrower to the Swing Line Lender (with a copy to the Administrative Agent), at any time or from time to time, voluntarily prepay Swing Line
Loans in whole or in part without premium or penalty; provided, that, (i) such notice must be received by the Swing Line Lender and the Administrative Agent not later than 1:00 p.m. on the date of the prepayment, and (ii) any
such prepayment shall be in a minimum principal amount of $100,000. Each such notice shall specify the date and amount of such prepayment. If such notice is given by the Lead Borrower, the Borrowers shall make such prepayment and the payment amount
specified in such notice shall be due and payable on the date specified therein. 
 (c) If for any reason the Total Outstandings
at any time exceed the Loan Cap as then in effect, the Borrowers shall prepay Loans, Swing Line Loans and/or Cash Collateralize the L/C Obligations in an aggregate amount equal to such excess no later than one (1) Business Day thereafter;
provided, that, the Borrowers shall not be required to Cash Collateralize the L/C Obligations pursuant to this Section 2.05(c) unless after the prepayment in full of the Loans the Total Outstandings exceed the Loan Cap as
then in effect. 
 (d) If for any reason the Total Tranche A Outstandings at any time exceed the Tranche A Revolving Loan Limit
as then in effect, the Borrowers shall prepay Tranche A Revolving Loans, Swing Line Loans and/or Cash Collateralize the L/C Obligations in an aggregate amount equal to such excess no later than one (1) Business Day thereafter; provided,
that, the Borrowers shall not be required to Cash Collateralize the L/C Obligations pursuant to this Section 2.05(d) unless after the prepayment in full of the Tranche A Revolving Loans and Swing Line Loans the Total Tranche A
Outstandings exceed the Tranche A Revolving Loan Limit as then in effect. 
 (e) If for any reason the Total Tranche A-1
Outstandings at any time exceed the Tranche A-1 Revolving Loan Limit as then in effect, the Borrowers shall prepay Tranche A-1 Revolving Loans in an aggregate amount equal to such excess no later than one (1) Business Day thereafter.

  
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 (f) The Borrower shall prepay the Loans and Cash Collateralize the L/C Obligations in
accordance with the provisions of Section 6.13 hereof. 
 (g) The Borrowers shall prepay the Loans and Cash
Collateralize the L/C Obligations in an amount equal to the Net Proceeds received by a Loan Party on account of a Prepayment Event, unless the Net Proceeds therefrom are required to be paid to the holder of a Lien on such property or asset having
priority over the Lien of the Administrative Agent and no Net Proceeds remain after such application. 
 (h) The Borrowers shall
prepay the Loans with the initial proceeds of any Permitted Term Loan Indebtedness in an amount equal to the entire outstanding principal amount of the Tranche A-1 Revolving Loans and Tranche A Revolving Loans (and Cash Collateralize Letters of
Credit, to the extent that such Letters of Credit are maintained as a result of Real Property Availability) outstanding in respect of Real Property Availability. 
 (i) Prepayments made pursuant to Section 2.05(c) above, first, shall be applied to the Swing Line Loans, second, shall be applied ratably to the outstanding Committed Loans
(first to the Tranche A Revolving Loans and then to the Tranche A-1 Revolving Loans and any accrued and unpaid interest), third, shall be used to Cash Collateralize the remaining L/C Obligations; and, fourth, the amount remaining, if
any, after the prepayment in full of all Swing Line Loans and Committed Loans outstanding at such time and the Cash Collateralization of the remaining L/C Obligations in full may be retained by the Borrowers for use in the ordinary course of its
business. Upon the drawing of any Letter of Credit that has been Cash Collateralized, the funds held as Cash Collateral shall be applied (without any further action by or notice to or from the Borrowers or any other Loan Party) to reimburse the L/C
Issuer or the Lenders, as applicable. Any payment in respect of Committed Loans, shall first be made to Tranche A Revolving Loans until payment in full and then to Tranche A-1 Revolving Loans except if such payments are made in respect of a
termination of the Aggregate Tranche A-1 Revolving Loan Commitments pursuant to Section 2.06(d). 
 (j) After the
incurrence of the Permitted Term Loan Indebtedness and so long as the Permitted Term Loan Indebtedness is outstanding, prepayments made pursuant to Prepayment Events shall be applied first, to the outstanding Committed Loans (and any Obligations
then due and payable) in the event that such prepayment arises from a Disposition of, or Extraordinary Receipts with respect to, Revolving Loan Priority Collateral (without a permanent reduction in the Aggregate Commitments) and second, to the
Permitted Term Loan Indebtedness, and to the extent any prepayments are made pursuant to Prepayment Events that arise from a Disposition of, or Extraordinary Receipts with respect to Term Loan Priority Collateral, such proceeds shall be applied
first, to the Permitted Term Loan Indebtedness and second, to the outstanding Committed Loans and Obligations, in accordance with clause (i) above. 
 2.06. Termination or Reduction of Commitments. 
 (a) The Borrowers may, upon
not less than five (5) Business Days irrevocable notice from the Lead Borrower to the Administrative Agent, terminate the Aggregate Tranche A-1 Revolving Loan Commitments (without penalty or payment of any kind), provided, that,
the Borrowers shall have prepaid all Tranche A-1 Revolving Loans outstanding at the time of such termination with the proceeds of Tranche A Revolving Loans or otherwise. Once terminated, Borrowers may not request any Tranche A-1 Revolving Loans and
the Tranche A-1 Revolving Loan Commitments may not be reinstated. 

  
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 (b) In addition, the Borrowers may, upon irrevocable notice from the Lead Borrower to the
Administrative Agent, terminate, in whole or in part, the Aggregate Tranche A Revolving Loan Commitments (but only if the Tranche A-1 Revolving Loan Commitments have previously been terminated and the Tranche A-1 Revolving Loans have been paid in
full, or such Tranche A-1 Revolving Loan Commitments and Tranche A Revolving Loans are being terminated and paid in full simultaneously with such request for a reduction or termination of the Tranche A Revolving Loan Commitment), the Letter of
Credit Sublimit or the Swing Line Sublimit or from time to time permanently reduce, in whole or in part, the Aggregate Commitments, the Letter of Credit Sublimit or the Swing Line Sublimit; provided, that, (i) any such notice
shall be received by the Administrative Agent not later than 11:00 a.m. five (5) Business Days prior to the date of termination or reduction, (ii) any such partial reduction shall be in a minimum amount of $2,500,000 or any whole multiple
of $1,000,000 in excess thereof or in such lesser amount equal to the remaining Aggregate Commitments, (iii) the Borrowers shall not terminate or reduce (A) the Aggregate Commitments if, after giving effect thereto and to any concurrent
prepayments hereunder, the Total Outstandings would exceed the Aggregate Commitments, (B) the Letter of Credit Sublimit if, after giving effect thereto, the Outstanding Amount of L/C Obligations not fully Cash Collateralized hereunder would
exceed the Letter of Credit Sublimit, and (C) the Swing Line Sublimit if, after giving effect thereto, and to any concurrent payments hereunder, the Outstanding Amount of Swing Line Loans hereunder would exceed the Swing Line Sublimit. Once
Borrowers have requested a reduction in the amount of the Tranche A Revolving Loan Commitments, Borrowers shall not request an increase of the Tranche A Tranche A Revolving Loan Commitments pursuant to Section 2.15. 

(c) If, after giving effect to any reduction of the Tranche A Revolving Loan Commitments, the Letter of Credit Sublimit or the Swing Line
Sublimit exceeds the amount of the Aggregate Commitments, such Letter of Credit Sublimit or Swing Line Sublimit shall be automatically reduced by the amount of such excess. 
 (d) The Administrative Agent will promptly notify the Tranche A Revolving Loan Lenders of any termination or reduction of the Letter of Credit Sublimit, Swing Line Sublimit or the Aggregate Tranche A
Revolving Loan Commitments under this Section 2.06. Upon any reduction of the Aggregate Commitments, the Commitment of each Lender shall be reduced by such Lender’s Applicable Percentage of such reduction amount. All fees
(including, without limitation, commitment fees, and Letter of Credit Fees) and interest in respect of the Aggregate Commitments accrued until the effective date of any termination of the Aggregate Commitments shall be paid on the effective date of
such termination. 
 2.07. Repayment of Loans. 
 (a) The Borrower shall repay to the Lenders on the Termination Date the aggregate principal amount of Committed Loans outstanding on such date. 

(b) To the extent not previously paid, the Borrower shall repay the outstanding balance of the Swing Line Loans on the Termination Date.

 2.08. Interest. 
 (a) Subject to the provisions of Section 2.08(b) below, 
 (i) each
LIBO Rate Loan that is a (A) Tranche A Revolving Loan, shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the Adjusted LIBO Rate for such Interest Period plus the Applicable
Margin and (B) Tranche A-1 Revolving Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the Adjusted LIBO Rate for such Interest Period plus the Applicable Margin;

  
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 (ii) each Base Rate Loan that is a (A) Tranche A Revolving Loan shall bear interest on
the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Margin and (B) Tranche A-1 Revolving Loan shall bear interest on the outstanding principal amount
thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Margin; and 

(iii) each Swing Line Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate
per annum equal to the Base Rate plus the Applicable Margin for Tranche A Revolving Loan or Tranche A-1 Revolving Loans, as the case may be. 
 (b) (i) If any amount payable under any Loan Document is not paid when due (without regard to any applicable grace periods), whether at stated maturity, by acceleration or otherwise, such amount
shall thereafter bear interest at a fluctuating interest rate per annum at all times equal to the Default Rate to the fullest extent permitted by applicable Laws. 
 (ii) If any other Event of Default exists, then the Administrative Agent may, and upon the request of the Required Lenders shall, notify the Lead Borrower that all outstanding Obligations shall thereafter
bear interest at a fluctuating interest rate per annum at all times equal to the Default Rate and thereafter such Obligations shall bear interest at the Default Rate to the fullest extent permitted by applicable Laws. 

(iii) Accrued and unpaid interest on past due amounts (including interest on past due interest) shall be due and payable upon demand.

 (c) Interest on each Loan shall be due and payable in arrears on each Interest Payment Date applicable thereto and at such
other times as may be specified herein. Interest hereunder shall be due and payable in accordance with the terms hereof before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law. 

2.09. Fees. In addition to certain fees described in subsections (i) and (j) of Section 2.03: 

(a) Commitment Fee. The Borrowers shall pay to the Administrative Agent for the account of each Lender in accordance with its
Applicable Percentage, a commitment fee equal to one quarter of one percent (0.25%) per annum multiplied by the actual daily amount by which the Aggregate Commitments exceed the Total Outstandings (provided, that, for purposes
of calculating the commitment fee, outstanding Swing Line Loans will not be included in the calculation). The commitment fee shall accrue at all times during the Availability Period, including at any time during which one or more of the conditions
in Article IV is not met, and shall be due and payable monthly in arrears on the first day after the end of each month, commencing with the first such date to occur after the Closing Date, and on the last day of the Availability Period. The
commitment fee shall be calculated monthly in arrears. 
 (b) Other Fees. The Borrower shall pay to the Arranger and the
Administrative Agent for their own respective accounts fees in the amounts and at the times specified in the Fee Letter. Such fees shall be fully earned when paid and shall not be refundable for any reason whatsoever. 

2.10. Computation of Interest and Fees. All computations of fees and interest shall be made on the basis of a 360-day year and
actual days elapsed. Interest shall accrue on each Loan for the day on which the Loan is made, and shall not accrue on a Loan, or any portion thereof, for the day on which the Loan or such portion is paid, provided, that, any Loan that
is repaid on the same day on which it is made shall, subject to Section 2.12(a), bear interest for one day. Each determination by the Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all
purposes, absent manifest error. 

  
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 2.11. Evidence of Debt. 

(a) The Credit Extensions made by each Lender shall be evidenced by one or more accounts or records maintained by the Administrative Agent
(the “Loan Account”) in the ordinary course of business. In addition, each Lender may record in such Lender’s internal records, an appropriate notation evidencing the date and amount of each Loan from such Lender, each payment
and prepayment of principal of any such Loan, and each payment of interest, fees and other amounts due in connection with the Obligations due to such Lender. The accounts or records maintained by the Administrative Agent and each Lender shall be
conclusive absent manifest error of the amount of the Credit Extensions made by the Lenders to the Borrowers and the interest and payments thereon. Any failure to so record or any error in doing so shall not, however, limit or otherwise affect the
obligation of the Borrowers hereunder to pay any amount owing with respect to the Obligations. In the event of any conflict between the accounts and records maintained by any Lender and the accounts and records of the Administrative Agent in respect
of such matters, the accounts and records of the Administrative Agent shall control in the absence of manifest error. Upon the request of any Lender made through the Administrative Agent, the Borrowers shall execute and deliver to such Lender
(through the Administrative Agent) a Note, which shall evidence such Lender’s Loans in addition to such accounts or records. Each Lender may attach schedules to its Note and endorse thereon the date, Type (if applicable), amount and maturity of
its Loans and payments with respect thereto. Upon receipt of an affidavit of a Lender as to the loss, theft, destruction or mutilation of such Lender’s Note and upon cancellation of such Note, the Borrowers will issue, in lieu thereof, a
replacement Note in favor of such Lender, in the same principal amount thereof and otherwise of like tenor. 
 (b) In addition to
the accounts and records referred to in Section 2.11(a), each Lender and the Administrative Agent shall maintain in accordance with its usual practice accounts or records evidencing the purchases and sales by such Lender of
participations in Letters of Credit and Swing Line Loans. In the event of any conflict between the accounts and records maintained by the Administrative Agent and the accounts and records of any Lender in respect of such matters, the accounts and
records of the Administrative Agent shall control in the absence of manifest error. 
 2.12. Payments Generally;
Administrative Agent’s Clawback. 
 (a) General. 

(i) All payments to be made by the Borrowers shall be made without condition or deduction for any counterclaim, defense, recoupment or
setoff. Except as otherwise expressly provided herein, all payments by the Borrowers hereunder shall be made to the Administrative Agent, for the account of the respective Lenders to which such payment is owed, at the Administrative Agent’s
Office in Dollars and in immediately available funds not later than 2:00 p.m. on the date specified herein. The Administrative Agent will promptly distribute to each Lender its Applicable Percentage (or other applicable share as provided herein) of
such payment in like funds as received by wire transfer to such Lender’s Lending Office. All payments received by the Administrative Agent after 2:00 p.m., at the option of the Administrative Agent, shall be deemed received on the next
succeeding Business Day and any applicable interest or fee shall continue to accrue. If any payment to be made by the Borrowers shall come due on a day other than a Business Day, payment shall be made on the next following Business Day, and such
extension of time shall be reflected in computing interest or fees, as the case may be. 

  
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 (ii) All payments to be made hereunder by Borrowers shall be remitted to Administrative
Agent from and all such payments, and all proceeds of Collateral received by Administrative Agent, shall be applied, so long as a Cash Dominion Event (other than as a result of a Specified Event of Default) has occurred and is continuing, as
follows: 
 (A) first, to pay any Secured Party Group Expenses (including cost or expense reimbursements) or indemnities
then due to Administrative Agent under the Loan Documents, until paid in full, 
 (B) second, to pay any fees then due to
Administrative Agent under the Loan Documents, until paid in full, 
 (C) third, to pay interest then due on Protective
Overadvances to Borrowers, until paid in full, 
 (D) fourth, to pay principal then due on Protective Overadvances to
Borrowers, until paid in full, 
 (E) fifth, ratably, to pay any Secured Party Group Expenses (including cost or expense
reimbursements) or indemnities then due to any of the Lenders under the Loan Documents, until paid in full, 
 (F) sixth,
ratably, to pay any fees then due from Borrowers to any of the Lenders under the Loan Documents, until paid in full, 
 (G)
seventh, to pay interest then due in respect of the Swing Line Loans, until paid in full, 
 (H) eighth, ratably,
to pay interest then due in respect of the Tranche A Revolving Loans and Tranche A-1 Revolving Loans (other than Swing Line Loans and Protective Overadvances), until paid in full, 

(I) ninth, to pay the principal of all Swing Line Loans, until paid in full, 

(J) tenth, ratably to Administrative Agent, for the account of Administrative Agent and Lenders with Tranche A Revolving Loan
Commitments, to pay the principal of all Tranche A Revolving Loans whether or not then due, until paid in full, 
 (K)
eleventh, to Administrative Agent, ratably for the account of Lenders with Tranche A-1 Revolving Loan Commitments, to pay the principal of all Tranche A-1 Revolving Loans whether or not then due, until paid in full, 

(L) twelfth, (i) to pay in full any other Obligations then due (other than Obligations arising under or pursuant to any Other
Liabilities and Obligations owed to Defaulting Lenders), until paid in full, 
 (M) thirteenth, ratably, to pay in full
any other Obligations (other than Other Liabilities not then due, and Obligations owed to Defaulting Lenders) then due, until paid in full, and 
 (N) fourteenth, to Borrowers or such other Person entitled thereto under applicable law. 

  
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 In the absence of a Cash Dominion Event or an Event of Default, all payments made hereunder by Borrowers
shall be applied by the Administrative Agent to the Obligations in such order of application as set forth in Section 2.05(i). 
 (b) (i) Funding by Lenders; Presumption by Administrative Agent. Unless the Administrative Agent shall have received notice from a Lender prior to the proposed date of any Borrowing of LIBO
Rate Loans (or in the case of any Borrowing of Base Rate Loans, prior to 12:00 noon on the date of such Borrowing) that such Lender will not make available to the Administrative Agent such Lender’s share of such Borrowing, the Administrative
Agent may assume that such Lender has made such share available on such date in accordance with Section 2.02 (or in the case of a Borrowing of Base Rate Loans, that such Lender has made such share available in accordance with and at the
time required by Section 2.02) and may, in reliance upon such assumption, make available to the Borrowers a corresponding amount. In such event, if a Lender has not in fact made its share of the applicable Committed Borrowing available
to the Administrative Agent, then the applicable Lender and the Borrowers severally agree to pay to the Administrative Agent forthwith on demand such corresponding amount in immediately available funds with interest thereon, for each day from and
including the date such amount is made available to the Borrowers to but excluding the date of payment to the Administrative Agent, at (A) in the case of a payment to be made by such Lender, the greater of the Federal Funds Rate and a rate
determined by the Administrative Agent in accordance with banking industry rules on interbank compensation plus any administrative processing or similar fees customarily charged by the Administrative Agent in connection with the foregoing, and
(B) in the case of a payment to be made by the Borrowers, the interest rate applicable to Base Rate Loans. If the Borrowers and such Lender shall pay such interest to the Administrative Agent for the same or an overlapping period, the
Administrative Agent shall promptly remit to the Borrowers the amount of such interest paid by the Borrowers for such period. If such Lender pays its share of the applicable Committed Borrowing to the Administrative Agent, then the amount so paid
shall constitute such Lender’s Committed Loan included in such Committed Borrowing. Any payment by the Borrowers shall be without prejudice to any claim the Borrowers may have against a Lender that shall have failed to make such payment to the
Administrative Agent. 
 (ii) Payments by Borrowers; Presumptions by Administrative Agent. Unless the Administrative
Agent shall have received notice from the Lead Borrower prior to the time at which any payment is due to the Administrative Agent for the account of the Lenders or the L/C Issuer hereunder that the Borrowers will not make such payment, the
Administrative Agent may assume that the Borrowers have made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Lenders or the L/C Issuer, as the case may be, the amount due. In such event,
if the Borrowers have not in fact made such payment, then each of the Lenders or the L/C Issuer, as the case may be, severally agrees to repay to the Administrative Agent forthwith on demand the amount so distributed to such Lender or the L/C
Issuer, in immediately available funds with interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date of payment to the Administrative Agent, at the greater of the Federal Funds Rate and a
rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation. 
 A notice of
the Administrative Agent to any Lender or the Lead Borrower with respect to any amount owing under this subsection (b) shall be conclusive, absent manifest error. 

  
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 (c) Failure to Satisfy Conditions Precedent. If any Lender makes available to the
Administrative Agent funds for any Loan to be made by such Lender as provided in the foregoing provisions of this Article II, and such funds are not made available to the Borrowers by the Administrative Agent because the conditions to the
applicable Credit Extension set forth in Article IV are not satisfied or waived in accordance with the terms hereof (subject to the provisions of the last paragraph of Section 4.02 hereof), the Administrative Agent shall return
such funds (in like funds as received from such Lender) to such Lender, without interest. 
 (d) Obligations of Lenders
Several. The obligations of the Lenders hereunder to make Committed Loans, to fund participations in Letters of Credit and Swing Line Loans and to make payments hereunder are several and not joint. The failure of any Lender to make any Committed
Loan, to fund any such participation or to make any payment hereunder on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any
other Lender to so make its Committed Loan, to purchase its participation or to make its payment hereunder. 
 (e) Funding
Source. Nothing herein shall be deemed to obligate any Lender to obtain the funds for any Loan in any particular place or manner or to constitute a representation by any Lender that it has obtained or will obtain the funds for any Loan in any
particular place or manner. 
 2.13. Sharing of Payments by Lenders. If any Lender shall, by exercising any right of
setoff or counterclaim or otherwise, obtain payment in respect of any principal of, interest on, or other amounts with respect to, any of the Obligations resulting in such Lender’s receiving payment of a proportion of the aggregate amount of
such Obligations greater than its pro rata share thereof as provided herein (including as in contravention of the priorities of payment set forth in Section 8.03), then the Lender receiving such greater proportion shall (a) notify
the Administrative Agent of such fact, and (b) purchase (for cash at face value) participations in the Obligations of the other Lenders, or make such other adjustments as shall be equitable, so that the benefit of all such payments shall be
shared by the Lenders ratably and in the priorities set forth in Section 8.03, provided, that: 
 (i)
if any such participations or subparticipations are purchased and all or any portion of the payment giving rise thereto is recovered, such participations or subparticipations shall be rescinded and the purchase price restored to the extent of such
recovery, without interest; and 
 (ii) the provisions of this Section shall not be construed to apply to (x) any payment
made by the Loan Parties pursuant to and in accordance with the express terms of this Agreement or (y) any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Committed Loans or
subparticipations in L/C Obligations or Swing Line Loans to any assignee or participant, other than to the Borrowers or any Subsidiary thereof (as to which the provisions of this Section shall apply). 

Each Loan Party consents to the foregoing and agrees, to the extent it may effectively do so under applicable law, that any Lender
acquiring a participation pursuant to the foregoing arrangements may exercise against such Loan Party rights of setoff and counterclaim with respect to such participation as fully as if such Lender were a direct creditor of such Loan Party in the
amount of such participation. 
 2.14. Settlement Amongst Lenders. 

(a) The amount of each Lender’s Applicable Percentage of outstanding Loans (including outstanding Swing Line Loans, shall be computed
weekly (or more frequently in the Administrative Agent’s discretion) and shall be adjusted upward or downward based on all Loans (including Swing Line Loans and repayments of Loans (including Swing Line Loans) received by the Administrative
Agent as of 3:00 p.m. on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Administrative Agent. 

  
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 (b) The Administrative Agent shall deliver to each of the Lenders promptly after a
Settlement Date a summary statement of the amount of outstanding Committed Loans and Swing Line Loans for the period and the amount of repayments received for the period. As reflected on the summary statement, (i) the Administrative Agent shall
transfer to each Lender its Applicable Percentage of repayments, and (ii) each Lender shall transfer to the Administrative Agent (as provided below) or the Administrative Agent shall transfer to each Lender, such amounts as are necessary to
insure that, after giving effect to all such transfers, the amount of Committed Loans made by each Lender shall be equal to such Lender’s Applicable Percentage of all Committed Loans outstanding as of such Settlement Date. If the summary
statement requires transfers to be made to the Administrative Agent by the Lenders and is received prior to 1:00 p.m. on a Business Day, such transfers shall be made in immediately available funds no later than 3:00 p.m. that day; and, if received
after 1:00 p.m., then no later than 3:00 p.m. on the next Business Day. The obligation of each Lender to transfer such funds is irrevocable, unconditional and without recourse to or warranty by the Administrative Agent. If and to the extent any
Lender shall not have so made its transfer to the Administrative Agent, such Lender agrees to pay to the Administrative Agent, forthwith on demand such amount, together with interest thereon, for each day from such date until the date such amount is
paid to the Administrative Agent, equal to the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation plus any administrative, processing, or similar
fees customarily charged by the Administrative Agent in connection with the foregoing. 
 2.15. Increase in Tranche A
Revolving Loan Commitments. 
 (a) Request for Increase. Provided no Default or Event of Default then exists or would
arise therefrom, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Lead Borrower may from time to time, request an increase in the Tranche A Revolving Loan Commitments by an amount (for all such requests) not
exceeding $15,000,000; provided, that, (i) any such request for an increase shall be in a minimum amount of $2,500,000, and (ii) the Lead Borrower may make a maximum of five (5) such requests during the term of this
Agreement. So long as the conditions set forth in clause (b) immediately below are satisfied, Wells Fargo hereby commits to provide each requested increase in the Tranche A Revolving Loan Commitment described in this clause (a).

 (b) Conditions to Effectiveness of Increase. As a condition precedent to such increase in the amount of the Tranche A
Revolving Loan Commitment of Wells Fargo (and a concurrent increase in the Tranche A Revolving Loan Limit), (i) the Lead Borrower shall deliver to the Administrative Agent a certificate of each Loan Party dated as of the Increase Effective Date
signed by a Responsible Officer of such Loan Party (A) certifying and attaching the resolutions adopted by such Loan Party approving or consenting to such increase, and (B) in the case of the Borrowers, certifying that, before and after
giving effect to such increase, (1) the representations and warranties contained in Article V and the other Loan Documents shall be true and correct in all material respects on and as of the Increase Effective Date, except (i) to the
extent that such representations and warranties specifically refer to an earlier date, in which case they shall be true and correct as of such earlier date, (ii) in the case of any representation and warranty qualified by
“materiality”, “Material Adverse Effect” or similar language, they shall be true and correct in all respects, and (iii) for purposes of this Section 2.15, the representations and warranties contained in
subsections (a) and (b) of Section 5.05 shall be deemed to refer to the most recent statements furnished pursuant to clauses (a) and (b), respectively, of Section 6.01, (ii) Wells Fargo shall have received
the commitment fee set forth in the Fee Letter with respect to such increase in its Tranche A Revolving Loan Commitment; (iii) no Default or Event of Default exists; (iv) the Borrowers shall deliver to the Administrative Agent and the
Lenders an opinion or opinions, in form and substance 

  
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reasonably satisfactory to the Administrative Agent, from counsel to the Borrowers reasonably satisfactory to the Administrative Agent and dated such date; and (v) the Borrowers shall have
delivered such other instruments, documents and agreements as the Administrative Agent may reasonably have requested; 
 (c)
Increase Effective Date. If the Aggregate Commitments are increased in accordance with this Section, the Administrative Agent, in consultation with the Lead Borrower, shall determine the effective date (the “Increase Effective
Date”) which date shall be no more than 10 days following the date of the requested increase; provided, that, all of the conditions set forth in clause (b) have been satisfied. 

(d) Conflicting Provisions. This Section shall supersede any provisions in Sections 2.13 or 10.01 to the contrary.

 ARTICLE III 
 TAXES, YIELD PROTECTION AND ILLEGALITY; 
 APPOINTMENT OF LEAD BORROWER

 3.01. Taxes. For purposes of this Article III, the term “applicable law” shall include
FATCA. 
 (a) Payments Free of Taxes. Any and all payments by or on account of any obligation of the Borrowers hereunder
or under any other Loan Document shall be made free and clear of and without reduction or withholding for any Indemnified Taxes (including any Other Taxes), provided, that, if the Borrowers shall be required by applicable law to deduct
or withhold any Indemnified Taxes (including any Other Taxes) from such payments, then (i) the sum payable shall be increased as necessary so that after making all required deductions and withholdings (including deductions and withholdings
applicable to additional sums payable under this Section) the Administrative Agent, Lender or L/C Issuer, as the case may be, receives an amount equal to the sum it would have received had no such deductions or withholdings been made, (ii) the
Borrowers shall make such deductions or withholdings and (iii) the Borrowers shall timely pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with applicable law. 

(b) Payment of Other Taxes by the Borrowers. Without limiting the provisions of subsection (a) above, the Borrowers shall
timely pay any Other Taxes to the relevant Governmental Authority in accordance with applicable law or at the option of the Administrative Agent, timely reimburse it for the payment of Other Taxes. 

(c) Indemnification by the Loan Parties. The Loan Parties shall indemnify the Administrative Agent, each Lender and the L/C Issuer,
within 10 days after demand therefor, for the full amount of any Indemnified Taxes or Other Taxes (including Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts payable under this Section) paid by the Administrative
Agent, such Lender or the L/C Issuer, as the case may be, and any penalties, interest and reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes or Other Taxes were correctly or legally imposed or
asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to the Lead Borrower by a Lender or the L/C Issuer (with a copy to the Administrative Agent), or by the Administrative Agent on
its own behalf or on behalf of a the Administrative Agent, a Lender or the L/C Issuer, shall be conclusive absent manifest error. 
 (d) Evidence of Payments. As soon as practicable after any payment of Indemnified Taxes or Other Taxes by the Borrowers to a Governmental Authority, the Lead Borrower shall deliver to the
Administrative Agent the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of the return reporting such payment or other evidence of such payment reasonably satisfactory to the
Administrative Agent. 

  
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 (e) Status of Lenders. Any Foreign Lender that is entitled to an exemption from or
reduction of withholding tax under the law of the jurisdiction in which any Borrower is resident for tax purposes, or any treaty to which such jurisdiction is a party, with respect to payments hereunder or under any other Loan Document shall deliver
to the Lead Borrower (with a copy to the Administrative Agent), at the time or times prescribed by applicable law or reasonably requested by the Lead Borrower or the Administrative Agent, such properly completed and executed documentation prescribed
by applicable law as will permit such payments to be made without withholding or at a reduced rate of withholding. Such delivery shall be provided on the Closing Date and on or before such documentation expires or becomes obsolete or after the
occurrence of an event requiring a change in the documentation most recently delivered. In addition, any Lender, if requested by the Lead Borrower or the Administrative Agent, shall deliver such other documentation prescribed by applicable law or
reasonably requested by the Lead Borrower or the Administrative Agent as will enable the Lead Borrower or the Administrative Agent to determine whether or not such Lender is subject to backup withholding or information reporting requirements.

 Without limiting the generality of the foregoing, in the event that any Borrower is resident for tax purposes in the United
States, any Foreign Lender shall deliver to the Lead Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement
(and from time to time thereafter upon the request of the Lead Borrower or the Administrative Agent, but only if such Foreign Lender is legally entitled to do so), whichever of the following is applicable: 

(i) duly completed copies of Internal Revenue Service Form W-8BEN claiming eligibility for benefits of an income tax treaty to which the
United States is a party, 
 (ii) duly completed copies of Internal Revenue Service Form W-8ECI, 

(iii) in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under section 881(c) of the Code,
(x) a certificate to the effect that such Foreign Lender is not (A) a “bank” within the meaning of section 881(c)(3)(A) of the Code, (B) a “10 percent shareholder” of the Borrowers within the meaning
of section 881(c)(3)(B) of the Code, or (C) a “controlled foreign corporation” described in section 881(c)(3)(C) of the Code and (y) duly completed copies of Internal Revenue Service Form W-8BEN, or 

(iv) any other form prescribed by applicable law as a basis for claiming exemption from or a reduction in United States Federal
withholding tax duly completed together with such supplementary documentation as may be prescribed by applicable law to permit the Lead Borrower to determine the withholding or deduction required to be made, including under FATCA. 

(f) Treatment of Certain Refunds. If the Administrative Agent, any Lender or the L/C Issuer determines, in its sole discretion,
that it has received a refund of any Taxes or Other Taxes as to which it has been indemnified by the Borrowers or with respect to which the Borrowers have paid additional amounts pursuant to this Section, it shall pay to the indemnifying party an
amount equal to such refund (but only to the extent of indemnity payments made, or additional amounts paid, under this Section with respect to the Taxes or Other Taxes giving rise to such refund), net of all out-of-pocket expenses (including Taxes)
of the Administrative Agent, such Lender or the L/C Issuer, as the case may be, and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund), provided, that, the Loan Parties,
upon the request of the Administrative Agent, such 

  
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Lender or the L/C Issuer, agree to repay the amount paid over to the Loan Parties under this subsection (f) (plus any penalties, interest or other charges imposed by the relevant
Governmental Authority) to the Administrative Agent, such Lender or the L/C Issuer in the event the Administrative Agent, such Lender or the L/C Issuer is required to repay such refund to such Governmental Authority. Notwithstanding anything to the
contrary contained in this subsection (f) in no event will the indemnified party be required to pay any amount to an indemnifying party pursuant to this subsection (f) the payment of which would place the indemnified party in
a less favorable net after-Tax position than the indemnified party would have been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification payments or
additional amounts with respect to such Tax had never been paid. This subsection shall not be construed to require the Administrative Agent, any Lender or the L/C Issuer to make available its tax returns (or any other information relating to its
taxes that it deems confidential) to the Loan Parties or any other Person. 
 3.02. Illegality. If any Lender determines
that any Law has made it unlawful, or that any Governmental Authority has asserted that it is unlawful, for any Lender or its applicable Lending Office to make, maintain or fund LIBO Rate Loans, or to determine or charge interest rates based upon
the LIBO Rate, or any Governmental Authority has imposed material restrictions on the authority of such Lender to purchase or sell, or to take deposits of, Dollars in the London interbank market, then, on notice thereof by such Lender to the Lead
Borrower through the Administrative Agent, any obligation of such Lender to make or continue LIBO Rate Loans or to convert Base Rate Loans to LIBO Rate Loans shall be suspended until such Lender notifies the Administrative Agent and the Lead
Borrower that the circumstances giving rise to such determination no longer exist. Upon receipt of such notice, the Borrowers shall, upon demand from such Lender (with a copy to the Administrative Agent), prepay or, if applicable, convert all LIBO
Rate Loans of such Lender to Base Rate Loans, either on the last day of the Interest Period therefor, if such Lender may lawfully continue to maintain such LIBO Rate Loans to such day, or immediately, if such Lender may not lawfully continue to
maintain such LIBO Rate Loans. Upon any such prepayment or conversion, the Borrowers shall also pay accrued interest on the amount so prepaid or converted. 
 3.03. Inability to Determine Rates. If the Required Lenders determine that for any reason in connection with any request for a LIBO Rate Loan or a conversion to or continuation thereof that
(a) Dollar deposits are not being offered to banks in the London interbank market for the applicable amount and Interest Period of such LIBO Rate Loan, (b) adequate and reasonable means do not exist for determining the LIBO Rate for any
requested Interest Period with respect to a proposed LIBO Rate Loan, or (c) the LIBO Rate for any requested Interest Period with respect to a proposed LIBO Rate Loan does not adequately and fairly reflect the cost to such Lenders of funding
such Loan, the Administrative Agent will promptly so notify the Lead Borrower and each Lender. Thereafter, the obligation of the Lenders to make or maintain LIBO Rate Loans shall be suspended until the Administrative Agent (upon the instruction of
the Required Lenders) revokes such notice. Upon receipt of such notice, the Lead Borrower may revoke any pending request for a Borrowing of, conversion to or continuation of LIBO Rate Loans or, failing that, will be deemed to have converted such
request into a request for a Committed Borrowing of Base Rate Loans in the amount specified therein. 
 3.04. Increased
Costs; Reserves on LIBO Rate Loans. 
 (a) Increased Costs Generally. If any Change in Law shall: 

(i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against
assets of, deposits with or for the account of, or credit extended or participated in by, any Lender (except any reserve requirement reflected in the LIBO Rate) or the L/C Issuer; 

  
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 (ii) subject any Lender or the L/C Issuer to any tax of any kind whatsoever with respect to
this Agreement, any Letter of Credit, any participation in a Letter of Credit or any LIBO Rate Loan made by it, or change the basis of taxation of payments to such Lender or the L/C Issuer in respect thereof (except for Indemnified Taxes or Other
Taxes covered by Section 3.01 and the imposition of, or any change in the rate of, any Excluded Tax payable by such Lender or the L/C Issuer); or 
 (iii) impose on any Lender or the L/C Issuer or the London interbank market any other condition, cost or expense affecting this Agreement or LIBO Rate Loans made by such Lender or any Letter of Credit or
participation therein; 
 and the result of any of the foregoing shall be to increase the cost to such Lender of making or maintaining any LIBO
Rate Loan (or of maintaining its obligation to make any such Loan), or to increase the cost to such Lender or the L/C Issuer of participating in, issuing or maintaining any Letter of Credit (or of maintaining its obligation to participate in or to
issue any Letter of Credit), or to reduce the amount of any sum received or receivable by such Lender or the L/C Issuer hereunder (whether of principal, interest or any other amount) then, upon request of such Lender or the L/C Issuer, the Borrowers
will pay to such Lender or the L/C Issuer, as the case may be, such additional amount or amounts as will compensate such Lender or the L/C Issuer, as the case may be, for such additional costs incurred or reduction suffered. 

(b) Capital Requirements. If any Lender or the L/C Issuer determines that any Change in Law affecting such Lender or the L/C Issuer
or any Lending Office of such Lender or such Lender’s or the L/C Issuer’s holding company, if any, regarding capital requirements has or would have the effect of reducing the rate of return on such Lender’s or the L/C Issuer’s
capital or on the capital of such Lender’s or the L/C Issuer’s holding company, if any, as a consequence of this Agreement, the Commitments of such Lender or the Loans made by, or participations in Letters of Credit held by, such Lender,
or the Letters of Credit issued by the L/C Issuer, to a level below that which such Lender or the L/C Issuer or such Lender’s or the L/C Issuer’s holding company could have achieved but for such Change in Law (taking into consideration
such Lender’s or the L/C Issuer’s policies and the policies of such Lender’s or the L/C Issuer’s holding company with respect to capital adequacy), then from time to time the Borrowers will pay to such Lender or the L/C Issuer,
as the case may be, such additional amount or amounts as will compensate such Lender or the L/C Issuer or such Lender’s or the L/C Issuer’s holding company for any such reduction suffered. 

(c) Certificates for Reimbursement. A certificate of a Lender or the L/C Issuer setting forth the amount or amounts necessary to
compensate such Lender or the L/C Issuer or its holding company, as the case may be, as specified in subsection (a) or (b) of this Section and delivered to the Lead Borrower shall be conclusive absent manifest error. The
Borrowers shall pay such Lender or the L/C Issuer, as the case may be, the amount shown as due on any such certificate within 10 days after receipt thereof. 
 (d) Delay in Requests. Failure or delay on the part of any Lender or the L/C Issuer to demand compensation pursuant to the foregoing provisions of this Section shall not constitute a waiver of such
Lender’s or the L/C Issuer’s right to demand such compensation, provided, that, the Borrowers shall not be required to compensate a Lender or the L/C Issuer pursuant to the foregoing provisions of this Section for any
increased costs incurred or reductions suffered more than nine months prior to the date that such Lender or the L/C Issuer, as the case may be, notifies the Lead Borrower of the Change in Law giving rise to such increased costs or reductions and of
such Lender’s or the L/C Issuer’s intention to claim compensation therefor (except that, if the Change in Law giving rise to such increased costs or reductions is retroactive, then the nine-month period referred to above shall be extended
to include the period of retroactive effect thereof). 

  
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 (e) Reserves on LIBO Rate Loans. The Borrowers shall pay to each Lender, as long as
such Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency funds or deposits (currently known as “Eurocurrency liabilities”), additional interest on the unpaid
principal amount of each LIBO Rate Loan equal to the actual costs of such reserves allocated to such Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which shall be due and payable on each
date on which interest is payable on such Loan, provided, that, the Lead Borrower shall have received at least 10 days’ prior notice (with a copy to the Administrative Agent) of such additional interest from such Lender. If a
Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest shall be due and payable 10 days from receipt of such notice. 
 3.05. Compensation for Losses. Upon demand of any Lender (with a copy to the Administrative Agent) from time to time, the Borrowers shall promptly compensate such Lender for and hold such Lender
harmless from any loss, cost or expense incurred by it as a result of: 
 (a) any continuation, conversion, payment or prepayment
of any Loan other than a Base Rate Loan on a day other than the last day of the Interest Period for such Loan (whether voluntary, mandatory, automatic, by reason of acceleration, or otherwise); 

(b) any failure by the Borrowers (for a reason other than the failure of such Lender to make a Loan) to prepay, borrow, continue or
convert any Loan other than a Base Rate Loan on the date or in the amount notified by the Lead Borrower; or 
 (c) any assignment
of a LIBO Rate Loan on a day other than the last day of the Interest Period therefor as a result of a request by the Lead Borrower pursuant to Section 10.13; 
 including any loss or expense (excluding loss of anticipated profits or margin) actually incurred by reason of the liquidation or reemployment of funds obtained by it to maintain such Loan or from fees
payable to terminate the deposits from which such funds were obtained. 
 3.06. Mitigation Obligations; Replacement of
Lenders. 
 (a) Designation of a Different Lending Office. If any Lender requests compensation under
Section 3.04, or the Borrowers are required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 3.01, or if any Lender gives a notice pursuant to
Section 3.02, then such Lender shall (at the request of the Lead Borrower) use reasonable efforts to designate a different Lending Office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to
another of its offices, branches or affiliates, if, in the judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable pursuant to Section 3.01 or 3.04, as the case may be, in the
future, or eliminate the need for the notice pursuant to Section 3.02, as applicable, and (ii) in each case, would not subject such Lender to any unreimbursed cost or expense and would not otherwise be disadvantageous to such
Lender. The Borrowers hereby agree to pay all reasonable costs and expenses incurred by any Lender in connection with any such designation or assignment. 
 (b) Replacement of Lenders. If any Lender requests compensation under Section 3.04, or if the Borrowers are required to pay any additional amount to any Lender or any Governmental
Authority for the account of any Lender pursuant to Section 3.01, the Borrowers may replace such Lender in accordance with Section 10.13. 

  
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 3.07. Survival. All of the Borrowers’ obligations under this Article III
shall survive termination of the Aggregate Commitments and repayment of all other Obligations hereunder. 
 3.08. Designation
of Lead Borrower as Borrowers’ Agent. 
 (a) Each Borrower hereby irrevocably designates and appoints the Lead Borrower
as such Borrower’s agent to obtain Credit Extensions, the proceeds of which shall be available to each Borrower for such uses as are permitted under this Agreement. As the disclosed principal for its agent, each Borrower shall be obligated to
each Lender on account of Credit Extensions so made as if made directly by the applicable Lender to such Borrower, notwithstanding the manner by which such Credit Extensions are recorded on the books and records of the Lead Borrower and of any other
Borrower. In addition, each Loan Party other than the Borrowers hereby irrevocably designates and appoints the Lead Borrower as such Loan Party’s agent to represent such Loan Party in all respects under this Agreement and the other Loan
Documents. 
 (b) Each Borrower recognizes that credit available to it hereunder is in excess of and on better terms than it
otherwise could obtain on and for its own account and that one of the reasons therefor is its joining in the credit facility contemplated herein with all other Borrowers. Consequently, each Borrower hereby assumes and agrees to discharge all
Obligations of each of the other Borrowers. 
 (c) The Lead Borrower shall act as a conduit for each Borrower (including itself,
as a “Borrower”) on whose behalf the Lead Borrower has requested a Credit Extension. Neither the Administrative Agent nor any other Lender shall have any obligation to see to the application of such proceeds therefrom. 

ARTICLE IV 

CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 
 4.01. Conditions of Initial Credit Extension. The obligation of the L/C Issuer and each Lender to make its initial Credit Extension hereunder is subject to satisfaction or waiver of the following
conditions precedent: 
 (a) The Administrative Agent’s receipt of the following, each of which shall be originals,
telecopies or other electronic image scan transmission (e.g., “pdf” or “tif” via e-mail) (followed promptly by originals) unless otherwise specified, each properly executed by a Responsible Officer of the signing
Loan Party or the Lenders, as applicable, each dated the Closing Date (or, in the case of certificates of governmental officials, a recent date before the Closing Date) and each in form and substance reasonably satisfactory to the Administrative
Agent: 
 (i) executed counterparts of this Agreement sufficient in number for distribution to the Administrative Agent, each
Lender and the Lead Borrower; 
 (ii) a Note executed by the Borrowers in favor of each Lender requesting a Note; 

(iii) such certificates of resolutions or other action, incumbency certificates and/or other certificates of Responsible Officers of each
Loan Party as the Administrative Agent may reasonably require evidencing (A) the authority of each Loan Party to enter into this Agreement and the other Loan Documents to which such Loan Party is a party or is to become a party and (B) the
identity, authority and capacity of each Responsible Officer thereof authorized to act as a Responsible Officer in connection with this Agreement and the other Loan Documents to which such Loan Party is a party or is to become a party; 

  
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 (iv) copies of each Loan Party’s Organization Documents and such other documents and
certifications as the Administrative Agent may reasonably require to evidence that each Loan Party is duly organized or formed, and that each Loan Party is validly existing, in good standing and qualified to engage in business in each jurisdiction
where its ownership, lease or operation of properties or the conduct of its business requires such qualification, except to the extent that failure to so qualify in such jurisdiction could not reasonably be expected to have a Material Adverse
Effect; 
 (v) a favorable legal opinion of Alston & Bird, counsel to the Loan Parties, and the General Counsel of the
Lead Borrower, in each case, addressed to the Administrative Agent and each Lender, as to such matters concerning the Loan Parties and the Loan Documents as the Administrative Agent may reasonably request; 

(vi) a certificate signed by a Responsible Officer of the Lead Borrower certifying (A) that the conditions specified in Sections
4.02(a) and (b) have been satisfied, (B) that there has been no event or circumstance since the date of the Audited Financial Statements that has had or could be reasonably expected to have, either individually or in the
aggregate, a Material Adverse Effect, (C) to the Solvency of the Loan Parties as of the Closing Date after giving effect to the transactions contemplated hereby, and (D) either that (1) no consents, licenses or approvals are required
in connection with the execution, delivery and performance by such Loan Party and the validity against such Loan Party of the Loan Documents to which it is a party, or (2) that all such consents, licenses and approvals have been obtained and
are in full force and effect; 
 (vii) a duly completed Compliance Certificate as of the last day of the Fiscal Quarter of the
Lead Borrower and its Subsidiaries most recently ended prior to the Closing Date, signed by a Responsible Officer of the Lead Borrower; 
 (viii) evidence that all insurance required to be maintained pursuant to the Loan Documents and all endorsements in favor of the Administrative Agent required under the Loan Documents have been obtained
and are in effect; 
 (ix) a payoff letter from each of the agents for the lenders under the Existing Credit Agreements
reasonably satisfactory in form and substance to the Administrative Agent evidencing that the Existing Credit Agreements have been or concurrently with the Closing Date are being terminated, all obligations thereunder are being paid in full, and all
Liens securing obligations under the Existing Credit Agreements have been or concurrently with the Closing Date are being released; 
 (x) each Security Document set forth on Schedule 4.01(a) required to be executed on the Closing Date as indicated on such schedule, duly executed by each Loan Party party thereto and certificates
evidencing any stock being pledged thereunder, together with undated stock powers executed in blank, each duly executed by the applicable Loan Parties; 
 (xi) subject to Section 6.21, all other Loan Documents, each duly executed by the applicable Loan Parties; 
 (xii) (A) appraisals (based on net liquidation value) by a third party appraiser acceptable to the Administrative Agent of all Inventory of the Borrowers, the results of which are satisfactory to the
Administrative Agent and (B) a written report regarding the results of a commercial finance examination of the Loan Parties, which shall be satisfactory to the Administrative Agent; 

  
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 (xiii) results of searches or other evidence reasonably satisfactory to the Administrative
Agent (in each case dated as of a date reasonably satisfactory to the Administrative Agent) indicating the absence of Liens on the assets of the Loan Parties, except for Permitted Encumbrances and Liens for which termination statements and releases,
satisfactions and discharges of any Mortgages, and releases or subordination agreements reasonably satisfactory to the Administrative Agent are being tendered concurrently with such extension of credit or other arrangements reasonably satisfactory
to the Administrative Agent for the delivery of such termination statements and releases, satisfactions and discharges have been made; 
 (xiv) (A) all documents and instruments, including Uniform Commercial Code financing statements and PPSA filings, required by law or reasonably requested by the Administrative Agent to be filed,
registered or recorded to create or perfect the first priority Liens intended to be created under the Loan Documents and all such documents and instruments will be filed, registered or recorded to the satisfaction of the Administrative Agent
promptly upon the payment of amounts owing under the Existing Credit Agreements as set forth in the payoff letter referred in clause (ix) above, (B) the DDA Notifications, Credit Card Notifications, and Blocked Account Agreements required
pursuant to Section 6.13 hereof, (C) Control Agreements with respect to the Loan Parties’ securities and investment accounts, and (D) Collateral Access Agreements as required by the Administrative Agent; 

(b) After giving effect to (i) the first funding under the Loans, (ii) any charges to the Loan Account made in connection with
the establishment of the credit facility contemplated hereby and (iii) all Letters of Credit to be issued at, or immediately subsequent to, such establishment, Excess Availability shall be not less than $20,000,000. 

(c) The Administrative Agent shall have received a Borrowing Base Certificate dated the Closing Date, relating to the month ended on
September 30, 2012, and executed by a Responsible Officer of the Lead Borrower. 
 (d) The Administrative Agent shall have
received the Audited Financial Statements. 
 (e) The Administrative Agent shall have received and be satisfied with (i) a
detailed annual forecast for the period commencing on the Closing Date and ending with the end of the 2013 Fiscal Year, which shall include an Excess Availability model, Consolidated income statement, balance sheet, and statement of cash flow,
(ii) a detailed forecast for the period commencing on the Closing Date and ending with the end of the 2013 Fiscal Year, which shall include an Excess Availability model, Consolidated income statement, balance sheet and statement of cash flow,
by month (iii) any updates to the projections described in clauses (i) and (ii), in each case in form and substance reasonably satisfactory to Administrative Agent, and (iv) copies of interim unaudited financial statements for each
quarter and month since the date of the Audited Financial Statements, in each case of the foregoing clauses (i) through (iv), prepared in conformity with GAAP and consistent with the Loan Parties’ then current practices. 

(f) The consummation of the transactions contemplated hereby shall not violate any applicable Law or any Organization Document.

 (g) To the extent the following have been invoiced at least two (2) Business Days prior to the Closing Date, all fees
required to be paid to the Administrative Agent or the Arranger on or before the Closing Date shall have been paid in full, and all fees required to be paid to the Lenders on or before the Closing Date shall have been paid in full. 

  
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 (h) The Borrowers shall have paid all fees, charges and disbursements of counsel to the
Administrative Agent to the extent invoiced at least two (2) Business Days prior to the Closing Date, plus such additional amounts of such fees, charges and disbursements as shall constitute its reasonable estimate of such fees, charges and
disbursements incurred or to be incurred by it through the closing proceedings (provided, that, such estimate shall not thereafter preclude a final settling of accounts between the Borrowers and the Administrative Agent). 

(i) The Administrative Agent shall have received all documentation and other information reasonably requested in writing at least five
(5) Business Days prior to the Closing Date in order to allow the Lenders to comply with applicable “know your customer” and anti-money laundering rules and regulations, including without limitation the Patriot Act. 

Without limiting the generality of the provisions of Section 9.04, for purposes of determining compliance with the conditions specified in
this Section 4.01, each Lender that has signed this Agreement shall be deemed to have Consented to, approved or accepted or to be satisfied with, each document or other matter required thereunder to be Consented to or approved by or
acceptable or satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender prior to the proposed Closing Date specifying its objection thereto. 

4.02. Conditions to all Credit Extensions. The obligation of each Lender to honor any Request for Credit Extension (other than a
Committed Loan Notice requesting only a conversion of Committed Loans to the other Type, or a continuation of LIBO Rate Loans) and each L/C Issuer to issue each Letter of Credit is subject to the following conditions precedent: 

(a) The representations and warranties of each other Loan Party contained in Article V or any other Loan Document, shall be true
and correct in all material respects on and as of the date of such Credit Extension, except (i) to the extent that such representations and warranties specifically refer to an earlier date, in which case they shall be true and correct in all
material respects as of such earlier date, (ii) in the case of any representation and warranty qualified by “materiality”, “Material Adverse Effect” or similar language, they shall be true and correct in all respects, and
(iii) for purposes of this Section 4.02, the representations and warranties contained in subsections (a) and (b) of Section 5.05 shall be deemed to refer to the most recent statements furnished pursuant to
clauses (a) and (b), respectively, of Section 6.01. 
 (b) No Default or Event of Default shall exist, or would
result from such proposed Credit Extension or from the application of the proceeds thereof. 
 (c) The Administrative Agent and,
if applicable, the L/C Issuer or the Swing Line Lender shall have received a Request for Credit Extension in accordance with the requirements hereof. 
 (d) No Overadvance shall result from such Credit Extension. 
 Each Request for Credit Extension
(other than a Committed Loan Notice requesting only a conversion of Committed Loans to the other Type or a continuation of LIBO Rate Loans) submitted by the Borrower shall be deemed to be a representation and warranty by the Borrowers that the
conditions specified in Sections 4.02(a) and (b) have been satisfied on and as of the date of the applicable Credit Extension. The conditions set forth in this Section 4.02 are for the sole benefit of the Secured
Parties but until the Required Lenders otherwise direct the Administrative Agent to cease making Committed Loans, the Lenders will fund their Applicable Percentage of all Loans and participate in all Swing Line Loans and Letters of Credit whenever
made or issued, which are requested by the Lead Borrower and which, notwithstanding the failure of the Loan Parties to comply with the provisions of this Article IV, agreed to 

  
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by the Administrative Agent, provided, that, the making of any such Loans or the issuance of any Letters of Credit shall not be deemed a modification or waiver by any Secured Party
of the provisions of this Article IV on any future occasion or a waiver of any rights or the Secured Parties as a result of any such failure to comply. 
 ARTICLE V 
 REPRESENTATIONS AND WARRANTIES 

To induce the Secured Parties to enter into this Agreement and to make Loans and to issue Letters of Credit hereunder, each Loan Party
represents and warrants to the Administrative Agent and the other Secured Parties that: 
 5.01. Existence, Qualification and
Power. Each Loan Party and each Restricted Subsidiary thereof (a) is a corporation, limited liability company, partnership or limited partnership, duly incorporated, organized or formed, validly existing and, where applicable, in good
standing under the Laws of the jurisdiction of its incorporation, organization, or formation (b) has all requisite power and authority and all requisite governmental licenses, permits, authorizations, consents and approvals to (i) own or
lease its assets and carry on its business and (ii) execute, deliver and perform its obligations under the Loan Documents to which it is a party, and (c) is duly qualified and is licensed and, where applicable, in good standing under the
Laws of each jurisdiction where its ownership, lease or operation of properties or the conduct of its business requires such qualification or license; except in each case referred to in clause (b)(i) or (c), to the extent that failure to do so would
not reasonably be expected to have a Material Adverse Effect. Schedule 5.01 annexed hereto sets forth, as of the Closing Date, each Loan Party’s name as it appears in official filings in its state of incorporation or organization,
organization type, organization number, if any, issued by its state of incorporation or organization, and its federal employer identification number. 
 5.02. Authorization; No Contravention. The execution, delivery and performance by each Loan Party of each Loan Document to which such Person is or is to be a party, has been duly authorized by all
necessary corporate or other organizational action, and does not and will not (a) contravene the terms of any of such Person’s Organization Documents; (b) conflict with or result in any breach, termination, or contravention of, or
constitute a default under, or require any payment to be made under (i) any Material Contract to which such Person is a party or affecting such Person or the properties of such Person or any of its Subsidiaries which has or would reasonably
expected to have a Material Adverse Effect, (ii) any Material Indebtedness to which such Person is a party or affecting such Person or the properties of such Person or any of its Restricted Subsidiaries, or (iii) any order, injunction,
writ or decree of any Governmental Authority or any arbitral award to which such Person or its property is subject in each case which has or would reasonably expected to have a Material Adverse Effect; (c) result in or require the creation of
any Lien upon any asset of any Loan Party (other than Liens in favor of the Administrative Agent under the Security Documents); or (d) violate any Law where such violation has or would reasonably be expected to have a Material Adverse Effect.

 5.03. Governmental Authorization; Other Consents. No approval, consent, exemption, authorization, or other action by,
or notice to, or filing with, any Governmental Authority or any other Person is necessary or required in connection with the grant of the security interest by the Loan Parties of the Collateral pledged by the Loan Parties pursuant to the Security
Documents or for the execution, delivery or performance by, or enforcement against, any Loan Party of this Agreement or any other Loan Document, except for (a) the perfection or maintenance of the Liens created under the Security Documents or
the priority thereof, (b) such as have been obtained or made and are in full force and effect, or (c) those approvals, consents, exemptions, authorizations or other actions, notices or filings, the failure of which to obtain or make would
not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 

  
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 5.04. Binding Effect. This Agreement and each other Loan Document has been, duly
executed and delivered by each Loan Party that is party thereto. This Agreement and each other Loan Document constitutes, a legal, valid and binding obligation of such Loan Party, enforceable against each Loan Party that is party thereto in
accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a
proceeding in equity or at law. 
 5.05. Financial Statements; No Material Adverse Effect. 

(a) The Audited Financial Statements (i) were prepared in accordance with GAAP consistently applied throughout the period covered
thereby, except as otherwise expressly noted therein; (ii) fairly present in all material respects the financial condition of the Lead Borrower and its Subsidiaries as of the date thereof and their results of operations for the period covered
thereby in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein; and (iii) show all Material Indebtedness of the Lead Borrower and its Subsidiaries as of the date thereof,
if and as required by GAAP. 
 (b) The unaudited Consolidated balance sheet of the Lead Borrower and its Subsidiaries dated
June 30, 2012, and the related Consolidated statements of income or operations, Shareholders’ Equity and cash flows for the Fiscal Quarter ended on that date (i) were prepared in accordance with GAAP consistently applied throughout
the period covered thereby, except as otherwise expressly noted therein, and (ii) fairly present in all material respects the financial condition of the Lead Borrower and its Subsidiaries as of the date thereof and their results of operations
for the period covered thereby, subject, in the case of clauses (i) and (ii), to the absence of footnotes and to normal year-end audit adjustments. Schedule 5.05 sets forth all Material Indebtedness of the Loan Parties and their
Consolidated Subsidiaries as of the Closing Date. 
 (c) Since the date of the Audited Financial Statements, there has been no
event or circumstance, either individually or in the aggregate, that has had or would reasonably be expected to have a Material Adverse Effect. 
 (d) To the best knowledge of the Lead Borrower, no Internal Control Event exists or has occurred since the date of the Audited Financial Statements that has resulted in or would reasonably be expected to
result in a misstatement in any material respect, in any financial information delivered or to be delivered to the Administrative Agent or the Lenders, of (i) covenant compliance calculations provided hereunder or (ii) the assets,
liabilities, financial condition or results of operations of the Lead Borrower and its Subsidiaries on a Consolidated basis. 

(e) The Consolidated pro forma balance sheet of the Lead Borrower and its Subsidiaries as at June 30, 2012, and the related
Consolidated pro forma statements of income and cash flows of the Lead Borrower and its Subsidiaries for the nine (9) months then ended, certified by the chief financial officer of the Lead Borrower, copies of which have been furnished to each
Lender, fairly present in all material respects the Consolidated pro forma financial condition of the Lead Borrower and its Subsidiaries as at such date and the Consolidated pro forma results of operations of the Lead Borrower and its Subsidiaries
for the period ended on such date, all in accordance with GAAP. 

  
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 (f) The Consolidated forecasted balance sheet, statements of income and cash flows of the
Lead Borrower and its Subsidiaries delivered pursuant to Section 6.01(d) were prepared in good faith on the basis of the assumptions stated therein, which assumptions were believed to be reasonable at the time made and at the time of
delivery of such forecasts; it being understood that the projections and estimates contained in such Consolidated balance sheet, statements of income and cash flows are subject to uncertainties and contingencies, many of which are beyond the control
of the Loan Parties, that actual results may vary from projected results and that such variances may be material and that the Loan Parties make no representation as to the attainability of such projection or as to whether such projections will be
achieved or materialize. 
 5.06. Litigation. There are no actions, suits, proceedings, claims or disputes pending or, to
the knowledge of the Loan Parties after due and diligent investigation, threatened in writing, at law, in equity, in arbitration or before any Governmental Authority, by or against any Loan Party or any of its Subsidiaries or against any of its
properties or revenues that (a) purport to affect or pertain to this Agreement or any other Loan Document, or any of the transactions contemplated hereby, or (b) except as specifically disclosed in Schedule 5.06, either individually
or in the aggregate would reasonably be expected to have a Material Adverse Effect. 
 5.07. No Default or Event of
Default. No Loan Party or any Restricted Subsidiary is in default under or with respect to, any Material Indebtedness. No Default or Event of Default has occurred and is continuing or would result from the consummation of the transactions
contemplated by this Agreement or any other Loan Document. Neither the Lead Borrower nor any of its Subsidiaries is a party to any agreement or instrument or subject to any corporate restriction that has resulted or would reasonably be expected to
result in a Material Adverse Effect. 
 5.08. Ownership of Property; Liens. 

(a) Each of the Loan Parties and each Restricted Subsidiary thereof has good record and marketable title in fee simple to or valid
leasehold interests in, all Real Estate necessary or used in the ordinary conduct of its business, except for such defects in title as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. Each of the
Loan Parties and each Restricted Subsidiary has good and marketable title to, valid leasehold interests in, or valid licenses to use all personal property and assets material to the ordinary conduct of its business, except in each case as does not
have and would not reasonably be expected to have a Material Adverse Effect. 
 (b) Schedule 5.08(b)(1) sets forth the
address (including street address, county and state) of all Real Estate that is owned by the Loan Parties and each of their Restricted Subsidiaries, together with a list of the holders of any mortgage or other Lien thereon as of the Closing Date.
Each Loan Party and each of its Restricted Subsidiaries has good, marketable and insurable fee simple title to the Real Estate owned by such Loan Party or such Restricted Subsidiary, (i) constituting Eligible Real Estate, free and clear of all
Liens (other than Permitted Encumbrances), and (ii) constituting Real Estate, other than Eligible Real Estate, free and clear of all Liens (other than Permitted Encumbrances), except in each case as or would reasonably be expected to have a
Material Adverse Effect. Schedule 5.08(b)(2) sets forth the address (including street address, county and state) of all Leases of the Loan Parties, together with name of the lessor with respect to each such Lease as of the Closing Date. Each
of such Leases is in full force and effect and the Loan Parties and the Restricted Subsidiaries are not in default (beyond applicable cure periods) of the terms of any such Leases and each of the Loan Parties and the Restricted Subsidiaries enjoys
peaceful and undisturbed possession under all such Leases, except in each case as would not reasonably be expected to have a Material Adverse Effect. 

  
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 (c) Schedule 7.01 sets forth a complete and accurate list of all Liens (other than
Liens that constitute Permitted Encumbrances described in clauses (a) through (f) , clauses (h) through (l), clauses (n) through (s), and clauses (y) through (bb) of the definition thereof) on the property or assets of each
Loan Party and each of its Restricted Subsidiaries, as of the Closing Date showing the lien holder thereof, the principal amount of the obligations secured thereby and the property or assets of such Loan Party or such Restricted Subsidiary subject
thereto. The property of each Loan Party and each of its Restricted Subsidiaries is subject to no Liens, other than Permitted Encumbrances. 
 (d) Schedule 7.02 sets forth a complete and accurate list of all Investments held by any Loan Party or any Restricted Subsidiary of a Loan Party on the Closing Date, showing as of the Closing Date
the amount, obligor or issuer and maturity, if any, thereof. 
 (e) Schedule 7.03 sets forth a complete and accurate list
of all Indebtedness of each Loan Party or any Restricted Subsidiary of a Loan Party on the Closing Date, showing the as of the Closing Date the amount, obligor or issuer and maturity thereof. 

5.09. Environmental Compliance. 
 (a) No Loan Party or any Restricted Subsidiary thereof (i) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under
any Environmental Law, (ii) has become subject to any Environmental Liability, (iii) has received notice of any claim with respect to any Environmental Liability or (iv) knows of any basis for any Environmental Liability, except, in
each case, as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 
 (b)
Except as otherwise set forth in Schedule 5.09, (i) none of the properties currently or formerly owned or operated by any Loan Party or Restricted Subsidiary is or was listed or proposed for listing on the NPL or on the CERCLIS or any
analogous foreign, state or local list or is adjacent to any such property; (ii) there are no and never have been any underground or above-ground storage tanks or any surface impoundments, septic tanks, pits, sumps or lagoons in which Hazardous
Materials are being or have been treated, stored or disposed on any property currently owned or operated by any Loan Party or Restricted Subsidiary in violation of any Environmental Laws or, to the knowledge of any of the Loan Parties on any
property formerly owned or operated by any Loan Party or Restricted Subsidiary; (iii) there is no asbestos or asbestos-containing material on any property currently owned or operated by any Loan Party or Restricted Subsidiary;
(iv) Hazardous Materials have not been released, discharged or disposed of on any property currently or formerly owned or operated by any Loan Party or Restricted Subsidiary in violation of any Environmental Laws; and (v) to the knowledge
of any of the Loan Parties, there are no pending or threatened Liens under or pursuant to any applicable Environmental Laws on any Real Estate or other assets owned or leased by any Loan Party or Restricted Subsidiary, and to the best of the
knowledge of any of the Loan Parties, no actions by any Governmental Authority have been taken or are in process which would subject any of such properties or assets to such Liens, except, in the case of clauses (i) through (v) above, as
would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 
 (c) Except as otherwise
set forth on Schedule 5,09, no Loan Party or any Restricted Subsidiary thereof is undertaking, and no Loan Party or any Restricted Subsidiary thereof has completed, either individually or together with other potentially responsible parties,
any investigation or assessment or remedial or response action relating to any actual or threatened release, discharge or disposal of Hazardous Materials at any site, location or operation, either voluntarily or pursuant to the order of any
Governmental Authority or the requirements of any Environmental Law; and all Hazardous Materials generated, used, treated, handled or stored at, or transported to or from, any property currently or formerly owned or operated by any Loan Party or any
Restricted Subsidiary thereof have been disposed of in a manner not reasonably expected to result in a Material Adverse Effect. 

  
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 5.10. Insurance. The properties of the Loan Parties and their Restricted Subsidiaries
are insured with insurance companies the Loan Parties believe (in the good faith judgment of its management) to be financially sound and reputable at the time the relevant coverage is placed or renewed against such loss or damage with respect to its
properties and business of the kind customarily insured against by Persons engaged in the same or similar business, of such types and such amounts (after giving effect to self-insurance reasonable and customary for similarly situated Persons engaged
in the same or similar businesses as the Loan Parties), in such amounts as are customarily carried under similar circumstances by such other Persons. 
 5.11. Taxes. (a) Except as would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, the Loan Parties and their Restricted Subsidiaries have filed
all Federal, state and other tax returns and reports required to be filed, and (b) have paid when due and payable all Federal, state and other material taxes, assessments, fees and other governmental charges levied or imposed upon them or their
properties, income or assets otherwise due and payable, except those which are being contested in good faith by appropriate proceedings being diligently conducted, for which adequate reserves have been provided in accordance with GAAP, as to which
Taxes no Lien has been filed and which contest effectively suspends the collection of the contested obligation and the enforcement of any Lien securing such obligation. There is no proposed tax assessment against any Loan Party or any Restricted
Subsidiary that would, if made, have a Material Adverse Effect. Except as set forth on Schedule 5.11, no Loan Party or any Restricted Subsidiary thereof is a party to any tax sharing agreement. 

5.12. ERISA and Canadian Pension Compliance. 
 (a) Each Plan is in compliance in all material respects with the applicable provisions of ERISA, the Code and other Federal or state Laws. Each Plan that is intended to qualify under Section 401(a)
of the Code has received a favorable determination letter from the IRS or an application for such a letter is currently being processed by the IRS with respect thereto or is maintained under a prototype or volume submitter plan and may rely upon a
favorable opinion or advisory letter issued by the IRS with respect to such prototype or volume submitter plan. To the best knowledge of the Lead Borrower, nothing has occurred which would prevent, or cause the loss of, such qualification. The Loan
Parties and each ERISA Affiliate have made all required contributions to each Plan subject to Section 412 of the Code, and no application for a funding waiver or an extension of any amortization period pursuant to Section 412 of the Code
has been made with respect to any Plan except to the extent where such failure has not resulted in and could not reasonably be expected to have a Material Adverse Effect. 
 (b) There are no pending or, to the best knowledge of the Lead Borrower, threatened claims, actions or lawsuits, or action by any Governmental Authority, with respect to any Plan that could reasonably be
expected to have a Material Adverse Effect. There has been no prohibited transaction or violation of the fiduciary responsibility rules with respect to any Plan that has resulted or could reasonably be expected to result in a Material Adverse
Effect. 
 (c) (i) Except as would not be expected to result in a Material Adverse Effect, no ERISA Event has occurred or is
reasonably expected to occur; (ii) no Pension Plan has any Unfunded Pension Liability; (iii) neither any Loan Party nor any ERISA Affiliate has incurred, or reasonably expects to incur, any liability under Title IV of ERISA with respect to
any Pension Plan (other than premiums due and not delinquent under Section 4007 of ERISA) except as has not and could not be expected to result in a Material Adverse Effect; (iv) neither any Loan Party nor any ERISA Affiliate has incurred,
or reasonably expects to incur, any liability (and no event has occurred which, with the giving of notice under Section 4219 of ERISA, would result in such liability) under Sections 4201 or 4243 of ERISA with respect to a Multiemployer Plan
that has or would be reasonably expected to have a Material Adverse Effect; and (v) except as has not or could not be expected to result in a Material Adverse Effect, neither any Loan Party nor any ERISA Affiliate has engaged in a transaction
that could be subject to Sections 4069 or 4212(c) of ERISA. 

  
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 (d) (i) No Loan Party nor any Restricted Subsidiary maintains, sponsors, administers,
contributes to, participates in or has any liability in respect of any Specified Canadian Pension Plan, nor has any such Person ever maintained, sponsored, administered, contributed to or participated in any Specified Canadian Pension Plan;
(ii) the Canadian Pension Plans are duly registered under the Income Tax Act (Canada) and any other applicable Laws which require registration, have been administered in accordance with the Income Tax Act (Canada) and such other
applicable Laws and no event has occurred which could cause the loss of such registered status; (iii) all obligations of the Loan Parties and their Restricted Subsidiaries (including funding, investment and administration obligations) required
to be performed in connection with the Canadian Pension Plans and the Canadian Union Plans have been performed on a timely basis except where the failure to so perform on a timely basis would be reasonably expected to have a Material Adverse Effect;
(iv) all contributions or premiums required to be made or paid by the Loan Parties and their Restricted Subsidiaries to the Canadian Pension Plans, Canadian Benefit Plans and Canadian Union Plans have been made on a timely basis in accordance
with the terms of such plans and all applicable Laws; (v) the sole obligation of any Loan Party or any Restricted Subsidiary of any Loan Party under a Canadian Union Plan is to make monetary contributions to the plan in the amounts and in the
manner set forth in the applicable Canadian Union Plan, collective agreement or participation agreement, and all such contributions have been made; (vi) No Loan Party or Restricted Subsidiary has a material liability with respect to any
post-retirement benefit under a Canadian Benefit Plan; (vii) As of the date hereof, no Canadian Pension Event has occurred; (viii) There are no outstanding disputes concerning the Canadian Pension Plans, Canadian Union Plans or Canadian
Benefit Plans or the assets thereof which would reasonably be expected to have a Material Adverse Effect. 
 5.13.
Subsidiaries; Equity Interests. As of the Closing Date, the Loan Parties have no Subsidiaries other than those specifically disclosed in Part (a) of Schedule 5.13, which Schedule sets forth the legal name, jurisdiction of
incorporation or formation and authorized Equity Interests of each such Subsidiary. All of the outstanding Equity Interests in the Loan Parties and Restricted Subsidiaries have been validly issued, are fully paid and non-assessable (other than with
respect to the Lead Borrower) and are owned by a Loan Party (or a Subsidiary of a Loan Party) in the amounts specified on Part (a) of Schedule 5.13 free and clear of all Liens except for (i) those created under the Security
Documents, and (ii) Permitted Encumbrances securing any Permitted Term Loan Indebtedness, and (iii) Permitted Encumbrances under clauses (a) and (e) in the definition thereof. Except as set forth in Schedule 5.13, there
are no outstanding rights to purchase any Equity Interests in any Restricted Subsidiary. The Loan Parties have no equity investments in any other corporation or entity other than those specifically disclosed in Part (b) of Schedule 5.13.
The copies of the Organization Documents of each Loan Party and each amendment thereto provided pursuant to Section 4.01 are true and correct copies of each such document, each of which is valid and in full force and effect. 

5.14. Margin Regulations; Investment Company Act. 
 (a) No Loan Party is engaged or will be engaged, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the
FRB), or extending credit for the purpose of purchasing or carrying margin stock. None of the proceeds of the Credit Extensions shall be used directly or indirectly for purpose that might cause any of the Credit Extensions to be considered a
“purpose credit” within the meaning of Regulations T, U, or X issued by the FRB. 

  
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 (b) None of the Loan Parties, any Person Controlling any Loan Party, or any Restricted
Subsidiary is or is required to be registered as an “investment company” under the Investment Company Act of 1940. 
 5.15. Disclosure. Each Loan Party has disclosed to the Administrative Agent and the Lenders all agreements, instruments and corporate or other restrictions to which it or any of its Subsidiaries is
subject, and all other matters known to it, that, individually or in the aggregate, would reasonably be expected to result in a Material Adverse Effect. No report, financial statement, certificate or other information or other data furnished
(whether in writing or orally) by or on behalf of any Loan Party to the Administrative Agent or any Lender in connection with the transactions contemplated hereby and the negotiation of this Agreement or delivered hereunder or under any other Loan
Document (in each case, as modified or supplemented by other information so furnished) when taken as a whole contains any material misstatement of fact or omits to state any material fact necessary to make the statements, information or data taken
as a whole, in the light of the circumstances under which they were made or delivered, not misleading in any material respect at such time in light of the circumstances under which such information was provided; it being understood that for the
purposes of this Section 5.15 such statements or information or data shall not include projections and pro forma financial information or any other forward-looking information or information of a general economic or industry-specific
nature. 
 5.16. Compliance with Laws. Each of the Loan Parties and each Restricted Subsidiary is in compliance in all
material respects with the requirements of all Laws and all orders, writs, injunctions and decrees applicable to it or to its properties, except in such instances in which (a) such requirement of Law or order, writ, injunction or decree is
being contested in good faith by appropriate proceedings diligently conducted or (b) the failure to comply therewith, either individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. 

5.17. Intellectual Property; Licenses, Etc. The Loan Parties and their Restricted Subsidiaries own, or possess the right to use,
all of the Intellectual Property, licenses, permits and other authorizations that are reasonably necessary for the operation of their respective businesses as currently conducted. To the knowledge of the Lead Borrower, the operation of the
respective business of the Loan Parties and their Restricted Subsidiaries as currently conducted does not infringe upon misuse, misappropriate or violate any rights held by any other Person except for such infringements, misuses, misappropriations
or violations that would not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect. No claim or litigation regarding any of the foregoing is pending or, to the knowledge of the Lead Borrower, threatened in
writing, which, either individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect. 

5.18. Labor Matters. 
 There are no strikes, lockouts, slowdowns or other material labor disputes against any Loan Party or any Restricted Subsidiary thereof pending or, to the knowledge of any Loan Party, threatened. The hours
worked by and payments made based on hours worked to employees of the Loan Parties comply with the Fair Labor Standards Act and any other applicable federal, state, local or foreign Law dealing with such wage and hour matters except to the extent
that any such violation could not reasonably be expected to have a Material Adverse Effect. No Loan Party or any of its Restricted Subsidiaries has incurred any liability or obligation under the Worker Adjustment and Retraining Act or similar state
Law except where such incurrence could not reasonably be expected, individually or in the aggregate to have a Material Adverse Effect. All payments due from any Loan Party and its Restricted Subsidiaries, or for which any claim may be made against
any Loan Party or any of its Restricted Subsidiaries, on account of wages and employee health and welfare insurance and other benefits, have been paid or properly accrued in accordance with GAAP as a liability on the books of such Loan Party. Except
as set forth on Schedule  

  
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5.18, no Loan Party or any Restricted Subsidiary is a party to or bound by any collective bargaining agreement, management agreement, employment agreement which constitutes a Material
Contract, bonus plan, restricted stock plan, stock option plan, or stock appreciation plan or agreement or any similar plan, agreement or arrangement. There are no representation proceedings pending or, to any Loan Party’s knowledge, threatened
to be filed with the National Labor Relations Board, and no labor organization or group of employees of any Loan Party or any Restricted Subsidiary has made a pending demand for recognition that would reasonably be expected to have a Material
Adverse Effect. Except as would not reasonably be expected to have a Material Adverse Effect, there are no complaints, unfair labor practice charges, grievances, arbitrations, unfair employment practices charges or any other claims or complaints
against any Loan Party or any Restricted Subsidiary pending or, to the knowledge of any Loan Party, threatened to be filed with any Governmental Authority or arbitrator based on, arising out of, in connection with, or otherwise relating to the
employment or termination of employment of any employee of any Loan Party or any of its Restricted Subsidiaries. The consummation of the transactions contemplated by the Loan Documents on the Closing Date will not give rise to any right of
termination or right of renegotiation on the part of any union under any collective bargaining agreement to which any Loan Party or any of its Restricted Subsidiaries is bound. 
 5.19. Security Documents. 
 The provisions of the Security Documents,
together with such filings and other actions required to be taken hereby or by the applicable Security Documents (including the delivery to the Administrative Agent of any Pledged Securities (as defined in the Security Agreement, as applicable
required to be delivered pursuant to the applicable Security Documents together with stock powers or other appropriate instruments of transfer executed in blank form), are effective to create in favor of the Administrative Agent, for the benefit of
the Secured Parties referred to therein, a legal, valid and enforceable security interest in and first priority Lien (except for those Permitted Encumbrances that have priority in such Collateral by operation of law and except as to the Term Loan
Priority Collateral, for the Liens of the Term Loan Agent to the extent provided in the Term Loan Intercreditor Agreement) on all right title and interest of the respective Loan Parties in the Collateral described therein, subject to applicable
bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law, except (a) as
otherwise contemplated hereby or under any other Loan Documents, and (b) except as to specific items of Collateral as to which Agent may determine, in consultation with the Lead Borrower, not to perfect its security interest therein based on
the value thereof relative to the costs of such perfection. 
 5.20. Solvency. 

On the Closing Date and after giving effect to the transactions contemplated by this Agreement, and before and after giving effect to each
Credit Extension, the Loan Parties, on a Consolidated basis, are Solvent. No transfer of property has been made by any Loan Party and no obligation has been incurred by any Loan Party in connection with the transactions contemplated by this
Agreement or the other Loan Documents with the intent to hinder, delay, or defraud either present or future creditors of any Loan Party. 
 5.21. Deposit Accounts; Credit Card Arrangements. 
 (a) Annexed hereto as
Schedule 5.21(a) is a list of all DDAs (and including Blocked Accounts) maintained by the Loan Parties as of the Closing Date, which Schedule includes, with respect to each DDA (i) the name and address of the depository; (ii) the
account number(s) maintained with such depository; (iii) the purpose of the DDA, and (iv) the identification of each Blocked Account Bank. 

  
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 (b) Annexed hereto as Schedule 5.21(b) is a list describing all arrangements as of
the Closing Date to which any Loan Party is a party with respect to the processing and/or payment to such Loan Party of the proceeds of any credit card charges and debit card charges for sales made by such Loan Party. 

5.22. Brokers. No broker or finder brought about the obtaining, making or closing of the Loans or transactions contemplated by the
Loan Documents, and no Loan Party or Affiliate thereof has any obligation to any Person in respect of any finder’s or brokerage fees in connection therewith. 
 5.23. Customer and Trade Relations. There exists no actual or, to the knowledge of any Loan Party, threatened, termination or cancellation of, or any modification or change in the business
relationship of any Loan Party with any supplier that would reasonably be expected to have a Material Adverse Effect. 
 5.24.
Material Contracts. Schedule 5.24 sets forth all Material Contracts to which any Loan Party is a party or is bound as of the Closing Date. The Loan Parties have delivered true, correct and complete copies of such Material Contracts to the
Administrative Agent on or before the Closing Date. Except as would not be reasonably be expected to have a Material Adverse Effect, the Loan Parties are not in breach or in default in any material respect of or under any Material Contract and have
not received any notice of the intention of any other party thereto to terminate any Material Contract. 
 5.25. Payables
Practices. No Loan Party has made any material change in its historical accounts payable practices from those in effect immediately prior to the Closing Date that has or would reasonably be expected to have a Material Adverse Effect. 

5.26. Credit Card Receivables. As of the time when each of its Accounts is included in the Borrowing Base as an Eligible Credit
Card Receivable, such Account and all records, papers and documents relating thereto (a) are genuine and correct in all material respects, (b) represent the legal, valid and binding obligation of the Account Debtor, except as such
enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar Laws relating to or limiting creditors’ rights generally or by equitable principles relating to enforceability, evidencing indebtedness unpaid and
owed by such Account Debtor, arising out of the performance of labor or services or the sale, lease, license, assignment or other disposition and delivery of the goods or other property listed therein or out of an advance or a loan, and (c) are
in all material respects in compliance and conform with all applicable material federal, state and local Laws and applicable Laws of any relevant foreign jurisdiction. 
  

ARTICLE VI 

AFFIRMATIVE COVENANTS 
 So long as any Lender shall have any Commitment hereunder, and until such time, as Obligations are paid in full, the Loan Parties shall, and shall (except in the case of the covenants set forth in
Sections 6.01, 6.02, and 6.03) cause each Restricted Subsidiary to: 
 6.01. Financial Statements.
Deliver to the Administrative Agent for distribution to each Lender: 
 (a) as soon as available, but in any event within ninety
(90) days after the end of each Fiscal Year of the Lead Borrower (commencing with the Fiscal Year ended 2012), a Consolidated balance sheet of the Lead Borrower and its Subsidiaries as at the end of such Fiscal Year, and the related
consolidated statements of income or operations, Shareholders’ Equity and cash flows for such Fiscal Year, setting forth in each case in comparative form the figures for the previous Fiscal Year, all in

  
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reasonable detail and prepared in accordance with GAAP, such consolidated statements to be audited and accompanied by (i) a report and unqualified opinion of a Registered Public Accounting
Firm of nationally recognized standing reasonably acceptable to the Administrative Agent, which report and opinion shall be prepared in accordance with generally accepted auditing standards and shall not be subject to any “going
concern” or like qualification or exception or any qualification or exception as to the scope of such audit and (ii) an opinion of such Registered Public Accounting Firm independently assessing Loan Parties’ internal controls over
financial reporting in accordance with Item 308 of SEC Regulation S-K, PCAOB Auditing Standard No. 2, and Section 404 of Sarbanes-Oxley expressing a conclusion that contains no statement that there is a material weakness in such
internal controls; 
 (b) as soon as available, but in any event within forty-five (45) days after the end of each of the
first three Fiscal Quarters of each Fiscal Year of the Lead Borrower (commencing with the Fiscal Quarter ended December 31, 2012), a Consolidated balance sheet of the Lead Borrower and its Subsidiaries as at the end of such Fiscal Quarter, and
the related consolidated statements of income or operations, Shareholders’ Equity (year to date) and cash flows for such Fiscal Quarter and for the portion of the Lead Borrower’s Fiscal Year then ended, setting forth in each case in
comparative form the figures for (A) such period set forth in the projections delivered pursuant to Section 6.01(d) hereof, (B) the corresponding Fiscal Quarter of the previous Fiscal Year and (C) the corresponding portion
of the previous Fiscal Year, all in reasonable detail, such Consolidated statements to be certified by a Responsible Officer of the Lead Borrower as fairly presenting in all material respects the financial condition, results of operations,
Shareholders’ Equity (year to date) and cash flows of the Lead Borrower and its Subsidiaries as of the end of such Fiscal Quarter in accordance with GAAP, subject only to normal year-end audit adjustments and the absence of footnotes;

 (c) as soon as available, but in any event within thirty (30) days after the end of each of the Fiscal Months of each
Fiscal Year of the Lead Borrower (commencing with the Fiscal Month ended September 30, 2012), a consolidated balance sheet of the Lead Borrower and its Subsidiaries as at the end of such Fiscal Month, and the related Consolidated statements of
income or operations, and cash flows for such Fiscal Month, and for the portion of the Lead Borrower’s Fiscal Year then ended, setting forth in each case in comparative form the figures for (A) such period set forth in the projections
delivered pursuant to Section 6.01(d) hereof, (B) the corresponding Fiscal Month of the previous Fiscal Year and (C) the corresponding portion of the previous Fiscal Year, all in reasonable detail, such consolidated statements
to be certified by a Responsible Officer of the Lead Borrower as fairly presenting in all material respects the financial condition, results of operations and cash flows of the Lead Borrower and its Subsidiaries as of the end of such Fiscal Month in
accordance with GAAP, subject only to normal year-end audit adjustments and the absence of footnotes; 
 (d) as soon as
available, but in any event no later than thirty (30) days before the end of each Fiscal Year of the Lead Borrower, forecasts prepared by management of the Lead Borrower, in form consistent with the forecasts delivered by Lead Borrower to
Administrative Agent for the 2013 Fiscal Year, of consolidated balance sheets and statements of income or operations and cash flows of the Lead Borrower and its Subsidiaries on a monthly basis for the immediately following Fiscal Year (including the
Fiscal Year in which the Maturity Date occurs), and as soon as available, any significant revisions to such forecast with respect to such Fiscal Year. 

  
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 6.02. Certificates; Other Information. Deliver to the Administrative Agent for
distribution to each Lender: 
 (a) concurrently with the delivery of the financial statements referred to in Sections
6.01(a) and (b) and (c) (commencing with the delivery of the financial statements for the Fiscal Month ended October 31, 2012), a duly completed Compliance Certificate signed by a Responsible Officer of the Lead
Borrower, and in the event of any change in generally accepted accounting principles used in the preparation of such financial statements, the Lead Borrower shall also provide a statement of reconciliation conforming such financial statements to
GAAP and (ii) with respect to the financial statements referred to in Sections 6.01(a) and (b), a copy of management’s discussion and analysis with respect to such financial statements; 

(b) within ten (10) Business Days after the end of each Fiscal Month, a Borrowing Base Certificate showing the Borrowing Base as of
the close of business as of the last day of the immediately preceding Fiscal Month, each Borrowing Base Certificate to be certified as complete and correct by a Responsible Officer of the Lead Borrower; provided, that, (i) at any
time that an Accelerated Borrowing Base Delivery Event has occurred and is continuing, at the election of the Administrative Agent, such Borrowing Base Certificate shall be delivered on Wednesday of each week (or, if Wednesday is not a Business Day,
on the next succeeding Business Day), as of the close of business on the immediately preceding Saturday; and (ii) at any time, Lead Borrower may elect to deliver a Borrowing Base Certificate on Wednesday (or if Wednesday is not a Business Day,
on the next succeeding Business Day) of each week, as of the close of business on the Saturday of the immediately preceding week, provided, that, in the event that Lead Borrower elects to exercise such option, a weekly Borrowing Base
Certificate shall be delivered for not less than eight (8) consecutive weeks thereafter unless otherwise agreed by Administrative Agent; 
 (c) promptly upon receipt, copies of any detailed audit reports, management letters or recommendations submitted to the board of directors (or the audit committee of the board of directors) of any Loan
Party by its Registered Public Accounting Firm in connection with the accounts or books of the Loan Parties or any Restricted Subsidiary, or any audit of any of them; 
 (d) promptly after the same are available, copies of each annual report, proxy or financial statement or other material report or material communication sent to the stockholders of the Loan Parties, and
copies of all annual, regular, periodic and special reports and registration statements which any Loan Party may file or be required to file with the SEC under Section 13 or 15(d) of the Securities Exchange Act of 1934 or with any national
securities exchange, and in any case not otherwise required to be delivered to the Administrative Agent pursuant hereto; 
 (e)
The financial and collateral reports described on Schedule 6.02 hereto, at the times set forth in such Schedule; 
 (f)
promptly after the furnishing thereof, copies of any material statement or report furnished to any holder of debt securities of any Loan Party or any Restricted Subsidiary thereof pursuant to the terms of any indenture, loan or credit or similar
agreement and not otherwise required to be furnished to the Lenders pursuant to Section 6.01 or any other clause of this Section 6.02; 
 (g) as soon as available, but in any event within thirty (30) days after the end of each Fiscal Year of the Loan Parties, a report summarizing the insurance coverage (specifying type, amount and
carrier) in effect for each Loan Party and its Restricted Subsidiaries and containing such additional information as the Administrative Agent, or any Lender through the Administrative Agent, may reasonably specify; 

(h) promptly after the Administrative Agent’s request therefor, copies of all Material Contracts and documents evidencing Material
Indebtedness not otherwise previously provided hereunder; 

  
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 (i) promptly, and in any event within five (5) Business Days after receipt thereof by
any Loan Party or any Restricted Subsidiary thereof, copies of each material notice or other correspondence received from any Governmental Authority (including, without limitation, the SEC (or comparable agency in any applicable non-U.S.
jurisdiction)) concerning any proceeding with, or investigation or possible investigation or other inquiry by such Governmental Authority regarding financial or other operational results of any Loan Party or any Restricted Subsidiary thereof
(exclusive of any state or municipal sales tax audits unless the result thereof could reasonably be expected to have a Material Adverse Effect) or any other matter which would reasonably expected to have a Material Adverse Effect; and 

(j) promptly, such additional information regarding the business affairs, financial condition or operations of any Loan Party or any
Restricted Subsidiary, or compliance with the terms of the Loan Documents, as the Administrative Agent or any Lender may from time to time reasonably request. 
 Documents and notices required to be delivered pursuant to Section 6.01(a), (b), or (c), Section 6.02(d), (f) or (g) or
Section 6.03 (to the extent any such documents are included in materials otherwise filed with the SEC) may be delivered electronically and if so delivered, shall be deemed to have been delivered on the date (i) on which the Lead
Borrower posts such documents or notices, or provides a link thereto on the Lead Borrower’s website on the Internet at the website address listed on Schedule 10.02; or (ii) on which such documents or notices are posted on the Lead
Borrower’s behalf on an Internet or intranet website, if any, to which each Lender and the Administrative Agent have access (whether a commercial, third-party website or whether sponsored by the Administrative Agent); provided,
that: (i) the Lead Borrower shall deliver paper copies of such documents or notices to the Administrative Agent or any Lender that requests the Lead Borrower to deliver such paper copies until a written request to cease delivering paper
copies is given by the Administrative Agent or such Lender and (ii) the Lead Borrower shall notify the Administrative Agent and each Lender (by telecopy or electronic mail) of the posting of any such documents and provide to the Administrative
Agent by electronic mail electronic versions (i.e., soft copies) of such documents. The Administrative Agent shall have no obligation to request the delivery or to maintain copies of the documents or notices referred to above, and in any event shall
have no responsibility to monitor compliance by the Loan Parties with any such request for delivery, and each Lender shall be solely responsible for requesting delivery to it or maintaining its copies of such documents or notices. 

The Loan Parties hereby acknowledge that (a) the Administrative Agent and/or the Arranger will make available to the Lenders and the L/C Issuer
materials and/or information provided by or on behalf of the Loan Parties hereunder (collectively, “Borrower Materials”) by posting the Borrower Materials on Intralinks or another similar electronic system (the
“Platform”) and (b) certain of the Lenders may be “public-side” Lenders (i.e., Lenders that do not wish to receive material non-public information with respect to the Loan Parties or their securities) (each, a
“Public Lender”). The Loan Parties hereby agree that so long as any Loan Party is the issuer of any outstanding debt or equity securities that are registered or issued pursuant to a private offering or is actively contemplating
issuing any such securities they will use commercially reasonable efforts to identify that portion of the Borrower Materials that may be distributed to the Public Lenders and that (w) all such Borrower Materials shall be clearly and
conspicuously marked “PUBLIC” which, at a minimum, shall mean that the word “PUBLIC” shall appear prominently on the first page thereof; (x) by marking Borrower Materials “PUBLIC,” the Loan
Parties shall be deemed to have authorized the Administrative Agent, the Arranger, the L/C Issuer and the Lenders to treat such Borrower Materials as not containing any material non-public information (although it may be sensitive and proprietary)
with respect to the Loan Parties or their securities for purposes of United States Federal and state securities laws (provided, that, to the extent such Borrower Materials constitute Information, they shall be treated as set forth in
Section 10.07); (y) all Borrower Materials marked “PUBLIC” are permitted to be made available through a portion of the Platform designated “Public Investor”; and (z) the Administrative Agent
and the Arranger shall be entitled to treat any Borrower Materials that are not marked “PUBLIC” as being suitable only for posting on a portion of the Platform not designated “Public Investor.” 

  
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 6.03. Notices. Promptly notify (and in any event in the case of clause (a) below
within two (2) days of the occurrence of such event, and with respect to clauses (b) through (j) within ten (10) Business Days of such event) the Administrative Agent: 

(a) of the occurrence of any Event of Default; 
 (b) of any matter that has resulted or would reasonably be expected to result in a Material Adverse Effect; 
 (c) of the occurrence of any ERISA Event or any Canadian Pension Event; 
 (d) of
any material change in accounting policies or financial reporting practices by any Loan Party or any Restricted Subsidiary thereof; 
 (e) of any change in any Loan Party’s Named Executive Officers (as such term is defined in the Securities Laws); 
 (f) of the discharge by any Loan Party of its present Registered Public Accounting Firm or any withdrawal or resignation by such Registered Public Accounting Firm; 

(g) of the filing of any Lien for unpaid Taxes exceeding $1,000,000 in the aggregate against the Loan Parties; 

(h) of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for
the taking of any interest in a material portion of the Collateral under power of eminent domain or by condemnation or similar proceeding or if any material portion of the Collateral is damaged or destroyed; 

(i) of any transaction of the nature contained in ARTICLE VII hereof, occurring after the Closing Date, consisting of (i) the
incurrence by a Loan Party of Material Indebtedness, (ii) the voluntary or involuntary grant of any Lien other than a Permitted Encumbrance upon any property of any Loan Party, or (ii) the making of any Permitted Investments by a Loan
Party in excess of $5,000,000 (provided, that, if Lead Borrower shall have already provided and updated Occurrence Update Schedule or Periodic Update Schedule reflecting any of the foregoing, no additional notice shall be necessary);
and 
 (j) of any failure by any Loan Party to pay rent at (i) ten percent (10%) or more of such Loan Party’s
locations or (ii) any of such Loan Party’s locations if such failure continues for more than ten (10) days following the day on which such rent first came due and such failure would be reasonably likely to result in a Material Adverse
Effect. 
 Each notice pursuant to this Section shall be accompanied by a statement of a Responsible Officer of the Lead Borrower setting forth
details of the occurrence referred to therein and stating what action the Lead Borrower has taken and proposes to take with respect thereto. Each notice pursuant to Section 6.03(a) shall describe with particularity any and all provisions
of this Agreement and any other Loan Document that have been breached. 

  
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 6.04. Payment of Obligations. Pay and discharge as the same shall become due and
payable, all its obligations and liabilities, including (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, (b) all lawful claims (including, without limitation, claims of
landlords, warehousemen, customs brokers, and carriers) which, if unpaid, would by law become a Lien upon its property securing obligations in excess of $250,000; and (c) all Material Indebtedness, as and when due and payable, but subject to
any subordination provisions contained in any instrument or agreement evidencing such Indebtedness, except, in each case, where (i) the validity or amount thereof is being contested in good faith by appropriate proceedings, (ii) such Loan
Party has set aside on its books adequate reserves with respect thereto in accordance with GAAP, (iii) such contest effectively suspends collection of the contested obligation and enforcement of any Lien securing such obligation, (iv) no
Lien has been filed with respect thereto and (v) the failure to make payment pending such contest would not reasonably be expected to result in a Material Adverse Effect. Nothing contained herein shall be deemed to limit the rights of the
Administrative Agent with respect to determining Reserves in its Permitted Discretion pursuant to this Agreement. 
 6.05.
Preservation of Existence, Etc. (a) Preserve, renew and maintain in full force and effect its legal existence and good standing under the Laws of the jurisdiction of its organization or formation except in a transaction permitted by
Section 7.04 or 7.05; (b) take all reasonable action to maintain all rights, privileges, permits, licenses and franchises necessary or desirable in the normal conduct of its business, except to the extent that failure to do
so could not reasonably be expected to have a Material Adverse Effect; and (c) preserve or renew all of its Intellectual Property, except to the extent such Intellectual Property (i) is no longer used or useful in the conduct of the
business of the Loan Parties or any Restricted Subsidiary or (ii) the failure to preserve or renew such Intellectual Property could not reasonably be expected to have a Material Adverse Effect. 

6.06. Maintenance of Properties. Except where the failure to do so would not reasonably be expected to have a Material Adverse
Effect, (a) maintain, preserve and protect all of its properties and equipment necessary or useful in the operation of its business in good working order and condition, ordinary wear and tear excepted; and (b) make all necessary repairs
thereto and renewals and replacements thereof except where the failure to do so could not reasonably be expected to have a Material Adverse Effect. 
 6.07. Maintenance of Insurance. Maintain at all times with financially sound and reputable insurers insurance with respect to the Collateral against loss or damage and all other insurance of the
kinds and in the amounts customarily insured against or carried by corporations of established reputation engaged in the same or similar businesses and similarly situated, and such other insurance as may be required by applicable Law. Said policies
of insurance shall be reasonably satisfactory to Administrative Agent as to form, amount and insurer. The Lead Borrower shall furnish certificates, policies or endorsements to Administrative Agent as Administrative Agent shall reasonably require as
proof of such insurance, and, in the event that the Loan Parties at any time or times shall fail to obtain or maintain any of the policies of insurance required hereby or to pay any premium in whole or in part relating thereto, the Administrative
Agent may, without waiving or releasing any obligation or liability of the Loan Parties hereunder or any Event of Default, in its sole discretion, obtain and maintain such policies of insurance and pay such premium and take any other actions with
respect thereto as the Administrative Agent deems advisable, at the expense of Borrowers. All policies shall provide for at least thirty (30) days prior written notice to Administrative Agent of any cancellation or reduction of coverage and
that Administrative Agent may act as attorney for each Borrower and Guarantor in obtaining, and at any time an Event of Default exists or has occurred and is continuing, adjusting, settling, amending and canceling such insurance. Borrowers and
Guarantors shall cause Administrative Agent to be named as a loss payee and an additional insured (but without any liability for any premiums) under such insurance policies and Borrowers and Guarantors shall obtain non-contributory lender’s
loss payable endorsements to all insurance policies in form and substance satisfactory to Administrative Agent. Such lender’s loss payable endorsements shall specify that the proceeds of such insurance shall be payable to Administrative Agent

  
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as its interests may appear and further specify that Administrative Agent and Lenders shall be paid regardless of any act or omission by any Borrower, Guarantor or any of its or their Affiliates.
Without limiting any other rights of Administrative Agent or Lenders, any insurance proceeds received by Administrative Agent at any time may be applied to payment of the Obligations, whether or not then due, in any order and in such manner as
Administrative Agent may determine. Upon application of such proceeds to the Loans, Loans may be available subject and pursuant to the terms hereof to be used for the costs of repair or replacement of the Collateral lost or damages resulting in the
payment of such insurance proceeds. Each Loan Party hereby irrevocably makes, constitutes and appoints the Administrative Agent (and all officers, employees or agents designated by the Administrative Agent) as such Loan Party’s true and lawful
agent (and attorney-in-fact), exercisable only after the occurrence and during the continuance of an Event of Default, for the purpose of making, settling and adjusting claims in respect of the Collateral under policies of insurance, endorsing the
name of such Loan Party on any check, draft, instrument or other item of payment for the proceeds of such policies of insurance and for making all determinations and decisions with respect thereto. All sums disbursed by the Administrative Agent in
connection with this Section 6.07, including reasonable attorneys’ fees, court costs, expenses and other charges relating thereto, shall be payable, upon demand, by the Loan Parties to the Administrative Agent and shall be additional
Obligations secured hereby. 
 6.08. Compliance with Laws. Comply in all material respects with the requirements of all
Laws and all orders, writs, injunctions and decrees applicable to it or to its business or property, except in such instances in which the failure to comply therewith would not reasonably be expected to have a Material Adverse Effect. 

6.09. Books and Records; Accountants. 
 (a) Maintain proper books of record and account, in which entries are full, true and correct in all material respects and are in conformity with GAAP consistently applied shall be made of all material
financial transactions and matters involving the assets and business of the Loan Parties and their Subsidiaries; and maintain such books of record and account in material conformity with all applicable requirements of any Governmental Authority
having regulatory jurisdiction over the Loan Parties and their Subsidiaries. 
 (b) at all times retain a Registered Public
Accounting Firm of national standing and shall instruct such Registered Public Accounting Firm to cooperate with, and be available to, the Administrative Agent or its representatives to discuss the Loan Parties’ financial performance, financial
condition, operating results, controls, and such other matters, within the scope of the retention of such Registered Public Accounting Firm, as may be raised by the Administrative Agent. 

6.10. Inspection Rights; Field Examinations; Appraisals. 
 (a) Permit representatives and independent contractors of the Administrative Agent to visit and inspect any of its properties, to examine its corporate, financial and operating records, and make copies
thereof or abstracts therefrom, and to discuss its affairs, finances and accounts with its directors, officers, and Registered Public Accounting Firm, all at the expense of the Loan Parties and at such reasonable times during normal business hours
and as often as may be reasonably desired, upon reasonable advance notice to the Lead Borrower; provided, that, when an Event of Default exists the Administrative Agent (or any of its representatives or independent contractors) may do
any of the foregoing at the expense of the Loan Parties at any time during normal business hours and without advance notice. 

  
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 (b) Upon the request of the Administrative Agent after reasonable prior notice, permit the
Administrative Agent or professionals (including investment bankers, consultants, accountants and lawyers) retained by the Administrative Agent to conduct field examinations and other evaluations, including, without limitation, of (1) the Lead
Borrower’s practices in the computation of the Borrowing Base, (2) the assets included in the Borrowing Base and related financial information such as, but not limited to, sales, gross margins, payables, accruals and reserves, and
(3) the Loan Parties’ business plan and cash flows. The Loan Parties shall pay the fees and expenses of the Administrative Agent and such professionals with respect to such examinations and evaluations, provided, that, the
Administrative Agent shall undertake only one (1) field examination in each period of twelve (12) consecutive Fiscal Months at the Loan Parties’ expense; except, that, if (i) Excess Availability is less than the amount equal to
thirty percent (30%) of the Borrowing Base but greater than or equal to fifteen percent (15%) of the Borrowing Base at any time during such twelve (12) consecutive Fiscal Months, the Administrative Agent may, in its discretion, have
one (1) additional field examination done during such twelve (12) consecutive Fiscal Months at the Loan Parties’ expense, and (ii) Excess Availability is less than the amount equal to fifteen percent (15%) of the Borrowing
Base at any time during such twelve (12) consecutive Fiscal Months, the Administrative Agent may, in its discretion, have two (2) additional field examination done during such twelve (12) consecutive Fiscal Months at the Loan
Parties’ expense. Notwithstanding the foregoing, in addition to the field examinations described above, the Administrative Agent may have additional field examinations done (a) as it in its discretion deems necessary or appropriate at its
own expense, or (b) if required by Law or if an Event of Default shall have occurred and be continuing, at the Loan Parties’ expense. 
 (c) Upon the request of the Administrative Agent after reasonable prior notice, permit the Administrative Agent or professionals (including appraisers) retained by the Administrative Agent to conduct
appraisals of the Collateral, including, without limitation, the assets included in the Borrowing Base. The Loan Parties shall pay the fees and expenses of the Administrative Agent and such professionals with respect to such appraisals. Without
limiting the foregoing, the Loan Parties acknowledge that the Administrative Agent may, in its Permitted Discretion, undertake up to (1) one (1) inventory appraisal each period of twelve (12) consecutive Fiscal Months at the Loan
Parties’ expense; except, that, if (A) Excess Availability is less than the amount equal to thirty percent (30%) of the Borrowing Base but greater than or equal to fifteen percent (15%) of the Borrowing Base at any time during
such twelve (12) consecutive Fiscal Months, the Administrative Agent may, in its Permitted Discretion, have one (1) additional appraisals done during such twelve (12) consecutive Fiscal Months at the Loan Parties’ expense, and
(B) Excess Availability is less than the amount equal to fifteen percent (15%) of the Borrowing Base at any time during such twelve (12) consecutive Fiscal Months, the Administrative Agent may, in its Permitted Discretion, have two
(2) additional appraisals done during such twelve (12) consecutive Fiscal Months at the Loan Parties’ expense, and (2) one (1) Real Estate appraisal in each period of twelve (12) consecutive Fiscal Months at the Loan
Parties’ expense so long as Real Estate is included in the calculation of the Borrowing Base. Notwithstanding the foregoing, in addition to the appraisals described above, the Administrative Agent may have additional appraisals done (a) as
it in its Permitted Discretion deems necessary or appropriate at its own expense, or (b) if required by Law or if an Event of Default shall have occurred and be continuing, at the Loan Parties’ expense. 

(d) Permit the Administrative Agent, from time to time, engage a geohydrologist, an independent engineer or other qualified consultant or
expert, reasonably acceptable to the Administrative Agent, at the expense of the Loan Parties, to undertake Phase I environmental site assessments during the term of this Agreement of the Eligible Real Estate, provided, that, such
assessments may only be undertaken (i) during the continuance of an Event of Default, or (ii) if a Loan Party receives any notice or obtains knowledge of (A) any potential or known release of any Hazardous Materials at or from any
Eligible Real Estate, notification of which must be given to any Governmental Authority under any Environmental Law, or notification of which has, in fact, been given to any Governmental Authority, or

  
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(B) any complaint, order, citation or notice with regard to air emissions, water discharges, or any other environmental health or safety matter affecting any Loan Party or any Eligible Real
Estate from any Person (including, without limitation, the Environmental Protection Agency) and the Loan Party advises Administrative Agent that it will not conduct an environmental assessment. Environmental assessments may include detailed visual
inspections of the Real Estate, including, without limitation, any and all storage areas, storage tanks, drains, dry wells and leaching areas, and the taking of soil samples, surface water samples and ground water samples, as well as such other
investigations or analyses as are reasonably necessary for a determination of the compliance of the Real Estate and the use and operation thereof with all applicable Environmental Laws. The Borrowers will, and will cause each of their Restricted
Subsidiaries to, cooperate in all respects with the Administrative Agent and such third parties to enable such assessment and evaluation to be timely completed in a manner reasonably satisfactory to the Administrative Agent. 

6.11. Use of Proceeds. Use the proceeds of the Credit Extension (a) to repay the Indebtedness outstanding (and cash
collateralize outstanding letters of credit) under the Existing Credit Agreements, (b) to finance the acquisition of working capital assets of the Borrowers, including the purchase of inventory and equipment, in each case in the ordinary course
of business, (c) to finance Capital Expenditures of the Borrowers, (d) to pay costs, fees, and expenses in connection with the credit facility provided hereunder and (e) for general corporate purposes of the Loan Parties, in each case
to the extent expressly permitted under applicable Law and not expressly prohibited by the Loan Documents. 
 6.12. Additional
Loan Parties. Promptly (and in any event within five (5) Business Days after the acquisition or formation of any Subsidiary notify the Administrative Agent thereof and (a) unless such Subsidiary is an Excluded Subsidiary, at the time
that any Person becomes a Subsidiary, and promptly thereafter (and in any event within sixty (60) days thereafter), cause any such Person to (i) become a Loan Party by executing and delivering to the Administrative Agent a Joinder to this
Agreement or a counterpart of the Facility Guaranty or such other document as the Administrative Agent shall reasonably deem appropriate for such purpose, (ii) grant a Lien to the Administrative Agent on such Person’s assets to secure the
Obligations, and (iii) deliver to the Administrative Agent documents of the types referred to in clauses (iii) and (iv) of Section 4.01(a) and favorable opinions of counsel to such Person (which shall cover, among other
things, the legality, validity, binding effect and enforceability of the documentation referred to in clause (a)), and (b) if any Equity Interests or Indebtedness of such Person are owned by or on behalf of any Loan Party, to pledge such Equity
Interests and promissory notes evidencing such Indebtedness (except that, if such Subsidiary is a CFC, the Equity Interests of such Subsidiary to be pledged may be limited to sixty-five percent (65%) of the outstanding voting Equity Interests
of such Subsidiary and one hundred percent (100%) of the non-voting Equity Interests of such Subsidiary and such time period may be extended based on local law or practice), in each case in form, content and scope reasonably satisfactory to the
Administrative Agent. In no event shall compliance with this Section 6.12 waive or be deemed a waiver or Consent to any transaction giving rise to the need to comply with this Section 6.12 if such transaction was not
otherwise expressly permitted by this Agreement or constitute or be deemed to constitute, with respect to any Subsidiary, an approval of such Person as a Borrower or permit the inclusion of any acquired assets in the computation of the Borrowing
Base. 
 6.13. Cash Management. 
 (a) On or prior to the Closing Date, deliver to the Administrative Agent copies of notifications (each, a “Credit Card Notification”) substantially in the form attached hereto as
Exhibit I which have been executed on behalf of such Loan Party and delivered to such Loan Party’s Credit Card Processors listed on Schedule 5.21(b). 

  
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 (b) The Loan Parties shall ACH or wire transfer (i) no less frequently than weekly (and
whether or not there are then any outstanding Obligations) to a Blocked Account all available amounts on deposit in each DDA used by any Store or other retail location or otherwise for the receipt of proceeds of Accounts or other Collateral from
customers and other obligors (which shall not include any Excluded DDA, so that funds in an Excluded DDA are not sent to a Blocked Account), (ii) no less frequently than daily (and whether or not there are then any outstanding Obligations) to a
Blocked Account all payments due from Credit Card Issuers and Credit Card Processors, and (iii) no less frequently than daily (and whether or not there are then any outstanding Obligations) all amounts on deposit in a Blocked Account to the
Concentration Account; provided, that, the available amounts from any DDA shall only be required to be transferred if the available amount on deposit in such DDA on such day is greater than $2,500, as may be required to be kept in the
subject DDA by the depository bank. 
 (c) Each Blocked Account Agreement as to a Blocked Account shall require that the
applicable Blocked Account Bank, after notice by Administrative Agent to the applicable Blocked Account Bank, transfer no less frequently than daily to the Agent Payment Account all available amounts on deposit in the Blocked Account subject to such
Blocked Account Agreement, including the following: (i) all available cash receipts from the sale of Inventory and other assets (whether or not constituting Collateral); (ii) all proceeds of collections of Accounts; (iii) all Net
Proceeds, and all other cash payments received by a Loan Party from any Person or from any source or on account of any sale or other transaction or event, including any Prepayment Event, provided, that, Administrative Agent shall only
send such notice to a Blocked Account Bank with respect to a Blocked Account at any time a Cash Dominion Event shall exist. 

(d) The Blocked Account Agreement as to the Concentration Account shall require that the applicable Blocked Account Bank, after notice by
Administrative Agent to the applicable Blocked Account Bank, transfer no less frequently than daily to the Agent Payment Account, all funds on deposit therein, provided, that, Administrative Agent shall only send such notice to a
Blocked Account Bank with respect to a Concentration Account at any time a Cash Dominion Event shall exist. 
 (e) All funds
received in the Agent Payment Account shall be applied to the Obligations as provided in accordance with this Agreement. In the event that, notwithstanding the provisions of this Section 6.13, any Loan Party receives or otherwise has dominion
and control of any such proceeds or collections, such proceeds and collections shall be held in trust by such Loan Party for the Administrative Agent, shall not be commingled with any of such Loan Party’s other funds or deposited in any account
of such Loan Party and shall, not later than the Business Day after receipt thereof, be deposited into a Blocked Account or the Concentration Account, or if there then exists a Cash Dominion Event, dealt with in such other fashion as such Loan Party
may be instructed by the Administrative Agent. 
 (f) Upon the written request of the Administrative Agent, the Loan Parties
shall cause bank statements and/or other reports to be delivered to the Administrative Agent not less often than monthly, accurately setting forth all amounts deposited in each Blocked Account to ensure the proper transfer of funds as set forth
above. 
 6.14. Information Regarding the Collateral. 

(a) Furnish to the Administrative Agent at least ten (10) days prior written notice of any change in: (i) any Loan Party’s
legal name; (ii) the location of any Loan Party’s chief executive office, its principal place of business, any office in which it maintains books or records relating to Collateral owned by it or any office or facility at which Collateral
owned by it is located (including the establishment of any such new office or facility); (iii) any Loan Party’s organizational structure or 

  
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jurisdiction of incorporation or formation; or (iv) any Loan Party’s Federal Taxpayer Identification Number or organizational identification number assigned to it by its jurisdiction of
incorporation or formation. The Loan Parties agree not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the UCC, PPSA or otherwise that are required in order for the Administrative Agent to
continue at all times following such change to have a valid, legal and perfected first priority security interest in all the Collateral (subject to, with respect to priority, Permitted Encumbrances having priority by operation of law and Permitted
Encumbrances on Term Loan Priority Collateral securing Permitted Term Loan Indebtedness) for its own benefit and the benefit of the other Secured Parties. Each Loan Party agrees to promptly provide the Administrative Agent with certified
Organization Documents reflecting any of the changes described in this Section 6.14(a). 
 (b) The Administrative Agent may
rely on opinions of counsel as to whether any or all UCC financing statements of the Loan Parties need to be amended as a result of any of the changes described in Section 6.14(a). If any Loan Party fails to provide information to the
Administrative Agent about such changes on a timely basis, the Administrative Agent shall not be liable or responsible to any party for any failure to maintain a perfected security interest in such Loan Party’s property constituting Collateral,
for which the Administrative Agent needed to have information relating to such changes. The Administrative Agent shall have no duty to inquire about such changes if any Loan Party does not inform the Administrative Agent of such changes, the parties
acknowledging and agreeing that it would not be feasible or practical for the Administrative Agent to search for information on such changes if such information is not provided by any Loan Party. 

(c) Should any of the information on any (i) Periodic Update Schedule hereto become inaccurate or misleading in any material respect
as a result of changes after the Closing Date, the Lead Borrower shall provide updated versions of such Periodic Update Schedule together with the next delivery of financial statements required to be delivered to the Administrative Agent pursuant to
Section 6.01(a), (b) or (c) and (ii) Schedule become inaccurate or misleading in any material respect as a result of changes after the Closing Date, the Lead Borrower shall advise the Administrative Agent in writing of such
revisions or updates as may be necessary or appropriate to update or correct the same promptly, but in any event within fifteen (15) Business Days. From time to time as may be reasonably requested by the Administrative Agent, the Lead Borrower
shall supplement each Schedule hereto, or any representation herein or in any other Loan Document, with respect to any matter arising after the Closing Date that, if existing or occurring on the Closing Date, would have been required to be set forth
or described in such Schedule or as an exception to such representation or that is necessary to correct any information in such Schedule or representation which has been rendered materially inaccurate thereby (and, in the case of any supplements to
any Schedule, such Schedule shall be appropriately marked to show the changes made therein). Notwithstanding the foregoing, no supplement or revision to any Schedule or representation shall be deemed the Secured Parties’ consent to the matters
reflected in such updated Schedules or revised representations nor permit the Loan Parties to undertake any actions otherwise prohibited hereunder or fail to undertake any action required hereunder from the restrictions and requirements in existence
prior to the delivery of such updated Schedules or such revision of a representation; nor shall any such supplement or revision to any Schedule or representation be deemed the Secured Parties’ waiver of any Default or Event of Default resulting
from the matters disclosed therein. 
 6.15. Physical Inventories. 

(a) Cause not less than two (2) periodic cycle counts, in each case consistent with practices of the Loan Parties in effect on the
date hereof, conducted by such inventory takers as are reasonably satisfactory to the Administrative Agent and following such methodology as is consistent with the methodology used in the immediately preceding inventory or as otherwise may be
reasonably satisfactory to the Administrative Agent, so long such cycle counts result in at least two (2) physical 

  
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inventories of each retail store location and leased department (and so long as cycle counts of each distribution center result in at least one (1) physical inventory of such distribution
center) in each consecutive twelve (12) month period. The Administrative Agent, at the expense of the Loan Parties, may participate in and/or observe each scheduled physical count of Inventory which is undertaken on behalf of any Loan Party
with respect to up to ten percent (10%) of all Stores, in any consecutive twelve (12) month period. The Lead Borrower, within thirty (30) days following the completion of such inventory, shall provide the Administrative Agent with a
reconciliation of the results of such inventory (as well as of any other physical inventory or cycle counts undertaken by a Loan Party) and shall post such results to the Loan Parties’ stock ledgers and general ledgers, as applicable.

 (b) Permit the Administrative Agent, in its discretion, if any Event of Default exists, to cause additional such inventories
to be taken as the Administrative Agent determines (each, at the expense of the Loan Parties). 
 6.16. Environmental Laws.

 (a) Conduct its operations and keep and maintain its Real Estate and requires all lessees and sublessees of such Real
Estate to operate and maintain such Real Estate in material compliance with all Environmental Laws; (b) obtain and renew all environmental permits necessary for its operations and properties; and (c) implement any and all investigation,
remediation, removal and response actions that are appropriate or necessary to maintain the value and marketability of the Real Estate or to otherwise comply with Environmental Laws pertaining to the presence, generation, treatment, storage, use,
disposal, transportation or release of any Hazardous Materials on, at, in, under, above, to, from or about any of its Real Estate, except where such failure would not reasonably be expected to have a Material Adverse Effect, provided,
that, neither a Loan Party nor any of its Subsidiaries shall be required to undertake any such cleanup, removal, remedial or other action to the extent that its obligation to do so is being contested in good faith and by proper proceedings
and adequate reserves have been set aside and are being maintained by the Loan Parties with respect to such circumstances in accordance with GAAP. 
 6.17. Further Assurances. 
 (a) Execute any and all further documents,
financing statements, agreements and instruments, and take all such further actions (including the filing and recording of financing statements and other documents), that may be required under any applicable Law, or which Administrative Agent may
reasonably request, to effectuate the transactions contemplated by the Loan Documents or to grant, preserve, protect or perfect the Liens created or intended to be created by the Security Documents or the validity or priority of any such Lien, all
at the expense of the Loan Parties. The Loan Parties also agree to provide to the Administrative Agent, from time to time upon written request, evidence reasonably satisfactory to the Administrative Agent as to the perfection and priority of the
Liens created or intended to be created by the Security Documents. 
 (b) If any material assets (including any Term Loan
Priority Collateral but excluding any “Excluded Property,” as such term is defined in the Security Agreement) are acquired by any Loan Party after the Closing Date (other than assets constituting Collateral under the Security Documents
that become subject to the Lien of the Security Documents upon acquisition thereof) , notify the Administrative Agent thereof, and the Loan Parties will cause such assets to be subjected to a Lien securing the Obligations and will take such actions
as shall be necessary or shall be requested by any the Administrative Agent in its Permitted Discretion to grant and perfect such Liens, including actions described in paragraph (a) of this Section 6.13, all at the expense of the
Loan Parties. In no event shall compliance with this Section 6.13(b) waive or be deemed a waiver or Consent to any transaction giving rise to the need to comply with this Section 6.13(b) if such transaction was not otherwise
expressly permitted by this Agreement or constitute or be deemed to constitute Consent to the inclusion of any acquired assets in the computation of the Borrowing Base. 

  
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 (c) Use, and cause each of the Restricted Subsidiaries to use, their commercially reasonable
efforts to obtain lease terms in any lease entered into by any Loan Party after the date hereof not expressly prohibiting the recording in the relevant real estate filing office of an appropriate memorandum of lease and the encumbrancing of the
leasehold interest of such Loan Party in the property that is the subject of such lease. 
 (d) Upon the request of the
Administrative Agent, cause any of its landlords (other than with respect to Department Lessors and lessors of Store Leased Locations except in respect of Store Leased Locations in Landlord Lien States) to deliver a Collateral Access Agreement to
the Administrative Agent in such form as the Administrative Agent may reasonably require. With respect to Store Leased Locations in Landlord Lien States, Administrative Agent agrees that it shall only request a Collateral Access Agreement for any
such Store Leased Location to the extent the Lead Borrower requests the removal of all or a portion of any Reserves relating to such Store Leased Location. 
 (e) Upon the request of the Administrative Agent, deliver to the Administrative Agent copies of notifications (each, a “DDA Notification”) substantially in the form attached hereto as
Exhibit H which have been executed on behalf of such Loan Party and delivered to each depository institution at which a DDA (other than an Excluded DDA) is maintained. 
 6.18. Lender Meetings. Within sixty (60) days after the receipt by Administrative Agent of the audited financial statements pursuant to Section 6.01(a)(i) for the then most
recently ended Fiscal Year of Lead Borrower or on such other date as Administrative Agent and Lead Borrower may agree, at the request of Administrative Agent or of the Required Lenders and upon reasonable prior notice, hold a meeting (at a mutually
agreeable location and time or, at the option of Administrative Agent, by conference call) with all Lenders who choose to attend such meeting at which meeting shall be reviewed the financial results of the previous Fiscal Year and the financial
condition of the Lead Borrower and its Subsidiaries and the projections presented for the current Fiscal Year of Lead Borrower. 

6.19. Reserved. 
 6.20. Designation as Senior Debt. Designate all Obligations as “Designated Senior Indebtedness” under, and defined in, any agreement evidencing any Subordinated Indebtedness.

 6.21. Post-Closing Matters. Execute and deliver the documents and complete the tasks set forth on Schedule 6.21,
in each case within the time limits specified on such schedule (unless Administrative Agent, in its Permitted Discretion, shall have agreed to any particular longer period). 
 6.22. Compliance with Canadian Pension Matters. Promptly notify the Administrative Agent of each Canadian Pension Plan, Canadian Benefit Plan and Canadian Union Plan hereafter adopted or
contributed to by any of the Borrowers or their Restricted Subsidiaries. For each existing, or hereafter adopted, Canadian Benefit Plan, Canadian Pension Plan and Canadian Union Plan, each Loan Party and Restricted Subsidiary, as applicable, shall
in a timely fashion comply with and perform in all material respects its obligations under and in respect of such Canadian Benefit Plan, Canadian Pension Plan and Canadian Union Plan in accordance with applicable Laws and plan terms. All employer
contributions or premiums required to be remitted or paid (including employee withheld amounts) to or in respect of each Canadian Benefit Plan, Canadian Pension Plan and Canadian Union Plan shall be paid or remitted by each Loan Party or Restricted
Subsidiary in a timely fashion in accordance with the terms thereof, any funding 

  
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agreements and all Applicable Laws. The Lead Borrower shall deliver to the Administrative Agent (i) if requested by the Administrative Agent, copies of each annual and other return, report
or valuation with respect to each Canadian Pension Plan required to be and as filed with any applicable Governmental Authority; (ii) promptly, after receipt thereof, a copy of any direction, order, notice, ruling or opinion that any Borrower or
Restricted Subsidiary may receive from any Governmental Authority with respect to any Canadian Pension Plan or Canadian Union Plan; and (iii) notification within 30 days of any increases having a cost to one or more of the Loan Parties or any
Restricted Subsidiaries in excess of $500,000.00 per annum in the aggregate, in the benefits of any existing Canadian Pension Plan, Canadian Benefit Plan or Canadian Union Plan or the commencement of contributions to any such plan to which any
Borrower or Restricted Subsidiary was not previously contributing. 
 6.23. Maintenance of Records. Keep and maintain at
their own cost and expense materially complete records of each Account, in a manner consistent with prudent business practice, including, without limitation, records of all payments received, all credits granted thereon, all merchandise returned and
all other documentation relating thereto. Each Loan Party shall, at such Loan Party’s sole cost and expense, upon the Administrative Agent’s demand made at any time after the occurrence and during the continuance of any Event of Default,
deliver all tangible evidence of Accounts, including, without limitation, all documents evidencing Accounts and any books and records relating thereto to the Administrative Agent or to its representatives (copies of which evidence and books and
records may be retained by such Loan Party). Upon the occurrence and during the continuance of any Event of Default, the Administrative Agent may transfer a full and complete copy of any Loan Party’s books, records, credit information, reports,
memoranda and all other writings relating to the Accounts to and for the use by any Person that has acquired or is contemplating acquisition of an interest in the Accounts or the Administrative Agent’s security interest therein in accordance
with applicable Law without the consent of any Loan Party. 
 6.24. Collection. Cause to be collected from the Account
Debtor of each of the Accounts, as and when due in the ordinary course of business consistent with prudent business practice (including, without limitation, Accounts that are delinquent, such Accounts to be collected in accordance with generally
accepted commercial collection procedures), any and all amounts owing under or on account of such Account, and apply forthwith upon receipt thereof all such amounts as are so collected to the outstanding balance of such Account. The costs and
expenses (including, without limitation, attorneys’ fees) of collection, in any case, whether incurred by any Loan Party, the Administrative Agent or any other Credit Party, shall be paid by the Loan Parties. 

6.25. Actions Regarding Intellectual Property. If any Event of Default shall have occurred and be continuing, upon the written
demand of Administrative Agent, execute and deliver to the Administrative Agent an assignment or assignments of the registered Patents, Trademarks and/or Copyrights (as each such term is defined in the Security Agreement) and such other documents as
are necessary or appropriate to carry out the intent and purposes of hereof and of the Security Agreement to the extent such assignment does not result in any loss of rights therein under applicable Law. Within five (5) Business Days of written
notice thereafter from Administrative Agent, each Loan Party shall make available to Administrative Agent, to the extent within such Loan Party’s power and authority, such personnel in such Loan Party’s employ on the date of the Event of
Default as Administrative Agent may reasonably designate to permit such Loan Party to continue, directly or indirectly, to produce, advertise and sell the products and services sold by such Loan Party under the registered Patents, Trademarks and/or
Copyrights, and such Persons shall be available to perform their prior functions on Administrative Agent’s behalf. 

  
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 ARTICLE VII 
 NEGATIVE COVENANTS 
 So long as any Lender shall have any Commitment
hereunder, any Loan or other Obligation hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding (other than contingent indemnification obligations for which a claim has not been asserted), no Loan Party shall,
nor shall it permit any Restricted Subsidiary to, directly or indirectly: 
 7.01. Liens. Create, incur, assume or suffer
to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired or sign or file or suffer to exist under the UCC, the PPSA, or any similar Law or statute of any jurisdiction a financing statement that names
any Loan Party or any Restricted Subsidiary thereof as debtor; sign or suffer to exist any security agreement authorizing any Person thereunder to file such financing statement; sell any of its property or assets subject to an understanding or
agreement (contingent or otherwise) to repurchase such property or assets with recourse to it or any of its Restricted Subsidiaries; or assign or otherwise transfer any accounts or other rights to receive income, other than, as to all of the above,
Permitted Encumbrances and in the case of the assignment or transfer of accounts or other rights to receive payment except for Permitted Dispositions. 
 7.02. Investments; Acquisitions. Make any Investments, except Permitted Investments. 
 7.03. Indebtedness; Disqualified Stock. 
 (a) Create, incur, assume,
guarantee, suffer to exist or otherwise become or remain liable with respect to, any Indebtedness, except Permitted Indebtedness; or 
 (b) issue Disqualified Stock except as permitted by clause (m) of the definition of Permitted Indebtedness; 
 (c) issue and sell Equity Interest in a Restricted Subsidiary of a Loan Party. 

7.04. Fundamental Changes. Merge, dissolve, liquidate, consolidate with or into another Person, (or (x) agree to do any of the
below unless permitted under any of clauses (a)-(i) below or (y) enter into any agreement to do any of the below unless such agreement is conditioned upon either obtaining the consent of the Administrative Agent and Required Lenders to
such transaction or the termination of the Aggregate Commitments and the payment in full of the Obligations upon the occurrence of such fundamental change), except, that, so long as no Event of Default shall have occurred and be continuing prior to
or immediately after giving effect to any action described below or would result therefrom: 
 (a) (i) any domestic
wholly-owned Subsidiary that is not a Loan Party may merge with a Loan Party, provided, that, the Loan Party shall be the continuing or surviving Person and (ii) any Subsidiary of Lead Borrower that is a Loan Party may merge into
any Subsidiary that is a Loan Party or into a Borrower; provided, that, in any merger involving a Borrower, such Borrower shall be the continuing or surviving person, and any merger involving the Lead Borrower, the Lead Borrower shall
be the continuing or surviving Person; 
 (b) in connection with a Permitted Acquisition, any Restricted Subsidiary (other than a
Loan Party) may merge with or into or consolidate with any other Person or permit any other Person to merge with or into or consolidate with it; provided, that, (i) the Person surviving such merger shall be a Wholly-Owned
Subsidiary of a Loan Party and (ii) in the case of any such merger to which any Loan Party is a party, such Loan Party is the surviving Person; 
 (c) any CFC that is not a Loan Party may merge into any CFC that is not a Loan Party 

  
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 (d) any merger the sole purpose of which is to reincorporate or reorganize a Loan Party in
another jurisdiction in the United States shall be permitted; 
 (e) any Loan Party or Restricted Subsidiary (other than the Lead
Borrower) may liquidate, wind-up or dissolve or change its legal form, provided, that, promptly upon the commencement of the winding up, any action to dissolve or change such Loan Party or Restricted Subsidiary, as the case may be,
(A) any assets of such Loan Party which constitute Collateral are either (1) transferred to any other Loan Party and are subject to the valid perfected security interests of Administrative Agent as to any Revolving Loan Priority Collateral
and Term Loan Priority Collateral or (2) are subject to a Disposition which is a Permitted Disposition and (B) any such Loan Party that is a Borrower shall cease to be a Borrower; 

(f) so long as no Event of Default exists or would result therefrom, any Loan Party may merge or consolidate with any other Person in
order to effect any Permitted Investment (other than clause (j) of the definition of Permitted Investments); provided, that, the continuing or surviving Person shall be a Borrower or a Loan Party (unless such Subsidiary is an
Excluded Subsidiary), which shall have complied with the applicable requirements of Section 6.12; 
 (g) so long as
no Event of Default exists or would result therefrom, a merger, dissolution, liquidation, consolidation or Disposition, the purpose of which is to effect a Disposition permitted pursuant to Section 7.05 (other than clause (h) of the
definition of Permitted Dispositions); and 
 (h) any Subsidiary of Lead Borrower that is a Loan Party may liquidate, wind-up or
dissolve, provided, that, promptly upon the commencement of the winding up or any action to dissolve such Subsidiary, (A) any assets of such Subsidiary which constitute Collateral are either (1) transferred to a Loan Party
and are subject to the valid perfected security interests of Agent as to any Revolving Loan Priority Collateral and Term Loan Priority Collateral or (2) are subject to a Disposition which is a Permitted Disposition, and (3) any such
Subsidiary that is a Borrower shall cease to be a Borrower; and 
 (i) any Loan Party may change its name (within the meaning of
Section 9-503 of the Code), organizational identification number, jurisdiction of organization or organizational identity; provided, that, (a) such Loan Party gives at least 10 days’ prior written notice to
Administrative Agent of such change; (b) such jurisdiction of organization shall be within the United States; (c) such organizational identity shall be a corporation, a limited liability company or other identity reasonably acceptable to
Administrative Agent; and (d) Administrative Agent shall have received such agreements, documents and instruments as it shall reasonably request in order to continue the perfection of its security interests and to confirm the continuation of
the party being bound to the Loan Documents to which it is a party immediately prior to such change. 
 7.05.
Dispositions. Make any Disposition (or enter into any agreement to make any Disposition unless such agreement is conditioned upon either obtaining the consent of the Administrative Agent and Required Lenders to such transaction or the
termination of the Aggregate Commitments and the payment in full of the Obligations upon the occurrence of such Disposition), except Permitted Dispositions. 
 7.06. Restricted Payments. Declare or make, directly or indirectly, any Restricted Payment, (or enter into any agreement which obligates any Loan Party or Restricted Subsidiary to make any
Restricted Payment unless such agreement is conditioned upon either obtaining the consent of the Administrative Agent and Required Lenders to such transaction or the termination of the Aggregate Commitments and the payment in full of the Obligations
upon the making of such Restricted Payment) except that, so long as no Event of Default shall have occurred and be continuing prior to or immediately after giving effect to any Restricted Payment described below or would result therefrom:

  
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 (a) If the Payments Conditions are satisfied, the Loan Parties may declare or make any
Restricted Payment; 
 (b) each Subsidiary of a Loan Party may make Restricted Payments to any Loan Party; 

(c) the Loan Parties and each Restricted Subsidiary may declare and make dividend payments or other distributions payable solely in the
common stock or other common Equity Interests of such Person, so long as such dividends do not result in a Change of Control. 

(d) the Loan Parties and Restricted Subsidiaries may make payments (or make Restricted Payments to the Lead Borrower to pay) for the
repurchase, retirement or other acquisition or retirement for value of Equity Interests of the Lead Borrower held by any future, present or former employee, director, consultant or distributor (or any spouses, former spouses, domestic partners,
executors, administrators, heirs, legatees or distributes of any of the foregoing) of the Loan Parties upon the death, disability, retirement or termination of employment of any such Person or otherwise pursuant to any employee or director equity
plan, employee or director stock option plan or any other employee or director benefit plan or any agreement (including any stock subscription or shareholder agreement) with any employee, director, consultant or distributor of the Loan Parties in an
aggregate amount after the Closing Date together with the aggregate amount of any loans or advances made in lieu of Restricted Payments permitted pursuant to Section 7.03 not to exceed $2,000,000 in any calendar year; provided,
that, such amount in any calendar year may be increased by an amount to exceed the cash proceeds of key-man life insurance policies received by the Loan Parties after the Closing Date; 

(e) to the extent constituting Restricted Payments, the Loan Parties and Restricted Subsidiaries may enter into and consummate
transactions expressly permitted by any provision of Section 7.02 (other than clause (k) of the definition of Permitted Investments), 7.04 or 7.09 so long as such Restricted Payment is otherwise permitted to be made
pursuant to this Section 7.06; and 
 (f) notwithstanding anything to the contrary above, in addition to the cash
dividends permitted to be paid pursuant to the other subsections of this Section 7.06, Lead Borrower may declare or pay regularly scheduled cash dividends to holders of its Equity Interests of up to $15,000,000 in the aggregate in any
Fiscal Year of the Lead Borrower at times and in amounts otherwise consistent with its practice as in effect on the date hereof, without regard to the satisfaction of the Payment Conditions, except, that, as of the date of any such payment of a
dividend and after giving effect thereto, no Event of Default shall exist or have occurred and be continuing. 
 7.07.
Prepayments of Indebtedness. Prepay, redeem, purchase, defease or otherwise satisfy prior to the scheduled maturity thereof in any manner any Indebtedness, or make any payment in violation of any subordination terms of any Subordinated
Indebtedness, except: 
 (a) as long as no Event of Default then exists, regularly scheduled or mandatory repayments,
repurchases, redemptions or defeasances of Permitted Indebtedness (other than Subordinated Indebtedness); 
 (b) prepayments,
redemptions, purchases, defeasements and satisfactions prior to the scheduled maturity thereof of any Permitted Indebtedness so long as (i) the Payment Conditions are satisfied after giving effect to such prepayment, redemption, purchase,
defeasement or satisfaction, and (ii) Administrative Agent shall have received prior notice of such prepayment, redemption, purchase, defeasement or satisfaction and information related to such prepayment, redemption, purchase, defeasement or
satisfaction reasonably requested by Administrative Agent; and 
 (c) Permitted Refinancings of such Indebtedness. 

  
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 7.08. Change in Nature of Business. In the case of each of the Loan Parties, engage
in any line of business substantially different from the Business conducted by the Loan Parties and their Subsidiaries on the date hereof or any business substantially related or incidental thereto and any logical extensions thereof. 

7.09. Transactions with Affiliates. Enter into, renew, extend or be a party to any transaction of any kind with any Affiliate of
any Loan Party, whether or not in the ordinary course of business, other than on fair and reasonable terms substantially as favorable to the Loan Parties or such Subsidiary as would be obtainable by the Loan Parties or such Subsidiary at the time in
a comparable arm’s length transaction with a Person other than an Affiliate, provided, that, the foregoing restriction shall not apply to: 
 (a) transactions between or among the Loan Parties, including any entity that becomes a Loan Party as a result of such transactions; 

(b) employment and severance arrangements between the Loan Parties and their respective officers and employees in the ordinary course of
business and transactions pursuant to stock option plans and employee benefit plans and arrangements, 
 (c) the non-exclusive
licensing of trademarks, copyrights or other Intellectual Property rights in the ordinary course of business to permit the commercial exploitation of Intellectual Property rights between or among Affiliates and Subsidiaries of the Lead Borrower or
the Lead Borrower, 
 (d) the payment of customary fees and reasonable out-of-pocket costs to, and indemnities provided on behalf
of, directors, officers and employees of the Loan Parties in the ordinary course of business to the extent attributable to the ownership or operation of the Loan Parties, and 
 (e) payments to or from, and transactions with, joint ventures (to the extent any such joint venture is only an Affiliate as a result of Investments by a Loan Party in such joint venture) in the ordinary
course of business to the extent otherwise permitted under Section 7.02. 
 7.10. Burdensome Agreements. Enter
into or permit to exist any Contractual Obligation (other than this Agreement or any other Loan Document or any other Contractual Obligation entered into with respect to Permitted Indebtedness described in clauses (c) and (l) of such
definition) that limits the ability of the Loan Parties to create, incur, assume or suffer to exist Liens on Collateral of such Person (other than an Excluded Subsidiary) in favor of the Administrative Agent; provided, that, the
foregoing shall not apply to Contractual Obligations that: 
 (a) exist on the date hereof and (to the extent not otherwise
permitted by this Section 7.10) are listed on Schedule 7.10 hereto and (y) to the extent Contractual Obligations permitted by clause (x) are set forth in an agreement evidencing Indebtedness, are set forth in any
agreement evidencing any permitted modification, replacement, renewal, extension or refinancing of such Indebtedness so long as such modification, replacement, renewal, extension or refinancing does not expand the scope of such Contractual
Obligation, 

  
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 (b) are customary restrictions that arise in connection with (x) any Permitted
Encumbrance and relate to the property subject to such Lien or (y) any Disposition permitted by Section 7.05 applicable pending such Disposition solely to the assets subject to such Disposition, 

(c) are customary provisions in joint venture agreements and other similar agreements applicable to joint ventures permitted under
Section 7.02 and applicable solely to such joint venture entered into in the ordinary course of business, 
 (d) are
negative pledges and restrictions on Liens in favor of any holder of Indebtedness permitted under Section 7.03 but solely to the extent any negative pledge relates to the property financed by or the subject of such Indebtedness and the
proceeds and products thereof and, in the case of the Permitted Term Loan Indebtedness, permits the Liens securing the Obligations (subject to the Term Loan Intercreditor Agreement), 

(e) are customary restrictions on leases, subleases, licenses or asset sale agreements otherwise permitted hereby so long as such
restrictions relate to the assets subject thereto, 
 (f) comprise restrictions imposed by any agreement relating to Permitted
Indebtedness to the extent that such restrictions apply only to the property or assets securing such Indebtedness, 
 (g) are
customary provisions restricting subletting or assignment of any lease governing a leasehold interest, 
 (h) are customary
provisions restricting assignment of any agreement entered into in the ordinary course of business, 
 (i) restrictions contained
in the Permitted Term Loan Indebtedness and any Permitted Refinancing permitted under the Term Loan Intercreditor Agreement, 

(j) are restrictions on cash or other deposits imposed by customers under contracts entered into in the ordinary course of business, or

 (k) arise in connection with cash or other deposits permitted under Section 7.01. 

7.11. Use of Proceeds. Use the proceeds of any Credit Extension, whether directly or indirectly, and whether immediately,
incidentally or ultimately, (a) to purchase or carry margin stock (within the meaning of Regulation U of the FRB) or to extend credit to others for the purpose of purchasing or carrying margin stock or to refund Indebtedness originally incurred
for such purpose; or (b) for purposes other than those permitted under this Agreement. 
 7.12. Amendment of Material
Documents. Amend, modify or waive any of a Loan Party’s rights under: (a) its Organization Documents or Material Contracts in a manner that has or would reasonably be expected to have a Material Adverse Effect, (b) any of the
terms of any Indebtedness in excess of $7,500,000 (other than Permitted Term Loan Indebtedness) to the extent that such amendment, modification or waiver would result in an Event of Default, or that has or could reasonably be expected to have a
Material Adverse Effect, or (c) any terms of the Permitted Term Loan Indebtedness, except as agreed to between holders of the Permitted Term Loan Indebtedness and the Administrative Agent in the applicable intercreditor agreement described in
the definition of Permitted Term Loan Indebtedness. 

  
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 7.13. Fiscal Year. Change the Fiscal Year of any Loan Party, or the accounting
policies or reporting practices of the Loan Parties, except as permitted by GAAP; provided, that, the Lead Borrower and its Subsidiaries may, after prior written notice to Administrative Agent (not less than thirty (30) days prior
to the commencement of such new Fiscal Year), change their Fiscal Year (subject to entering into such amendments to other provisions of the Loan Documents that are affected by such change as required by Administrative Agent). 

7.14. Deposit Accounts; Credit Card Processors. 
 Open new DDAs, Blocked Accounts, or Concentration Accounts unless the Loan Parties shall have delivered to the Administrative Agent appropriate DDA Notifications or Blocked Account Agreements consistent
with the provisions of Section 6.13 and otherwise reasonably satisfactory to the Administrative Agent. No Loan Party shall maintain any bank accounts or enter into any agreements with Credit Card Processors other than as expressly
contemplated herein or in Section 6.13 hereof. 
 7.15. Financial Covenant. 

Permit Excess Availability at any time to be less than ten percent (10%) of the Borrowing Base. 

7.16. [Reserved] 
 7.17. Canadian Pension Plans. 
 (a) maintain, sponsor, administer,
contribute to, participate in or assume or incur any liability in respect of any Specified Canadian Pension Plan, or acquire an interest in any Person if such Person sponsors, administers, contributes to, participates in or has any liability in
respect of, any Specified Canadian Pension Plan. 
 (b) Contribute to or assume any obligation to contribute to any new
“multi-employer pension plan” as such term is defined in the Pension Benefits Act (Ontario) or any similar plan under pension standards Laws in another jurisdiction. 

(c) Fail to withhold, make, remit or pay when due or permit any other Loan Party to fail to withhold, make, remit or pay when due any
material withheld employee or employer payments, material contributions (including “normal cost”, “special payments” and any other required contributions or payments in respect of any funding deficiencies or
shortfalls) or premiums to or in respect of any Canadian Pension Plan, Canadian Benefit Plan or Canadian Union Plan pursuant to the terms of the particular plan, any applicable collective bargaining agreement or participation agreement or applicable
Laws. 
 (d) Establish or terminate, or permit any other Loan Party to establish or terminate, any Canadian Pension Plan or
Canadian Benefit Plan or withdraw from any Canadian Union Plan, if such establishment, termination or withdrawal would reasonably be expected to result in any material liability of a Loan Party, or take any other action with respect to any Canadian
Pension Plan, Canadian Union Plan or Canadian Benefit Plan which would reasonably be expected to result in any material liability of a Loan Party. 
 7.18. Modification of Terms, Etc. Rescind or cancel any indebtedness evidenced by any Account or modify any term thereof or make any adjustment with respect thereto except in the ordinary course of
business consistent with prudent business practice, or extend or renew any such indebtedness except in the ordinary course of business consistent with prudent business practice or compromise or settle any dispute, claim, suit or legal proceeding
relating thereto or sell any Account or interest therein except in the ordinary course of business consistent with prudent business practice or in accordance with this Agreement without the prior written consent of the Administrative Agent.

  
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 ARTICLE VIII 
 EVENTS OF DEFAULT AND REMEDIES 
 8.01. Events of Default. Any of the
following shall constitute an Event of Default: 
 (a) Non-Payment. The Borrowers or any other Loan Party fails to pay
when and as required to be paid herein, (i) any amount of principal of any Loan or any L/C Obligation, or deposit any funds to Cash Collateralize L/C Obligations, or (ii) pay within three (3) Business Days after the same becomes due,
any interest on any Loan or on any L/C Obligation, or any fee due hereunder, or (iii) any other amount payable hereunder or under any other Loan Document; or 
 (b) Specific Covenants. (i) Any Loan Party or any Restricted Subsidiary fails to perform or observe any term, covenant or agreement contained in any of Sections 6.01, 6.02 (a),
(b),(e), and (g), 6.03 (other than notices of Default), 6.05, 6.07, 6.10, 6.11, 6.12, 6.13 (so long as a Cash Dominion Event has occurred and is continuing) or 6.14 or Article VII;
or (ii) any Guarantor fails to perform or observe any term, covenant or agreement contained the Facility Guaranty beyond any applicable grace or cure period, if any; or (iii) except as specified in subsection (c) below, any of the
Loan Parties fails to perform or observe any term, covenant or agreement contained in Sections 6(a) and 8(d) of the Mortgages, to which it is a party; or (ii) Any Loan Party or any Restricted Subsidiary fails to perform or observe
any term, covenant or agreement contained in any of Section 6.03(a) with respect to notices of Default for more than ten (10) days after the occurrence of such Default, or 

(c) Other Defaults. Any Loan Party or any Restricted Subsidiary fails to perform or observe any other covenant or agreement (not
specified in subsection (a) or (b) above) contained in this Agreement or any other Loan Document on its part to be performed or observed and such failure continues for twenty (20) days after the date written notice thereof shall have
been given to the Lead Borrower by the Administrative Agent; provided, that, in the event the Lead Borrower fails to notify the Administrative Agent in accordance with the terms of Section 6.03(a) within two (2) Days after
the occurrence of its failure to perform or observe such term, covenant or agreement as provided therein, an Event of Default will occur as a result of the failure to perform or observe such term, covenant or agreement on the date twenty
(20) days after the earlier of (i) the date of the event or occurrence which is the basis for such Event of Default or (ii) the date written notice thereof shall have been given to the Lead Borrower by the Administrative Agent; or

 (d) Representations and Warranties. Any representation, warranty, certification or statement of fact made or deemed
made by or on behalf of any Restricted Subsidiary, any Borrower or any other Loan Party herein, in any other Loan Document, or in any document, report, certificate, financial statement or other instrument delivered in connection herewith or
therewith (including, without limitation, any Borrowing Base Certificate) shall be incorrect or misleading in any material respect when made or deemed made except that such materiality qualifier shall not be applicable to any representation or
warranty that is already qualified by materiality or “Material Adverse Effect”; or 
 (e) Cross-Default.
Any Loan Party or any Restricted Subsidiary (A) fails to make any payment when due (whether by scheduled maturity, required prepayment, acceleration, demand, or otherwise after the expiration of any applicable grace period and after giving
effect to any waivers or amendments with respect thereto) in respect of any Material Indebtedness (including undrawn committed or available amounts and including amounts owing to all creditors under any combined or syndicated

  
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credit arrangement), or (B) fails to observe or perform any other agreement or condition relating to any such Material Indebtedness or contained in any instrument or agreement evidencing,
securing or relating thereto, or any other event occurs (other than, with respect to Material Indebtedness consisting of Swap Contracts, termination events or equivalent events pursuant to the terms of such Swap Contracts and not as a result of any
default thereunder by any Loan Party), the effect of which default or other event is to cause, or to permit the holder or holders of such Material Indebtedness (or a trustee or agent on behalf of such holder or holders) to cause, with the giving of
notice if required and after the expiration of any applicable cure period and after giving effect to any waiver or amendment with respect thereto, such Material Indebtedness to be demanded or to become due or to be repurchased, prepaid, defeased or
redeemed (automatically or otherwise), or an offer to repurchase, prepay, defease or redeem such Indebtedness to be made, prior to its stated maturity; provided, that, this clause (e)(B) shall not apply to secured Material Indebtedness
that becomes due as a result of the voluntary sale or transfer of the property or assets securing such Material Indebtedness, if such sale or transfer is otherwise permitted hereunder and under the documents providing for such Material Indebtedness;
or 
 (f) Insolvency Proceedings, Etc. Any Loan Party or any of its Restricted Subsidiaries institutes or consents to the
institution of any proceeding under any Debtor Relief Law, or makes an assignment for the benefit of creditors; or applies for or consents to the appointment of any receiver, trustee, custodian, conservator, liquidator, rehabilitator or similar
officer for it or for all or any material part of its property; or a proceeding shall be commenced or a petition filed, without the application or consent of such Person, seeking or requesting the appointment of any receiver, trustee, custodian,
conservator, liquidator, rehabilitator or similar officer is appointed and the appointment continues undischarged, undismissed or unstayed for sixty (60) calendar days or an order or decree approving or ordering any of the foregoing shall be
entered; or any proceeding under any Debtor Relief Law relating to any such Person or to all or any material part of its property is instituted without the consent of such Person and continues undismissed or unstayed for sixty (60) calendar
days, or an order for relief is entered in any such proceeding; or 
 (g) Inability to Pay Debts; Attachment. (i) Any
Loan Party or any Restricted Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due in the ordinary course of business, or (ii) any writ or warrant of attachment or execution or
similar process is issued or levied against property of any of the Loan Parties in an aggregate amount in excess of $2,000,000 (except to the extent paid or covered by third party insurance (where the company has been notified of the potential claim
and does not dispute coverage) and is not released, vacated or fully bonded within thirty (30) days after its issuance or levy (except in the case of an attachment of the Blocked Accounts or Concentration Account, within five (5) days), or
(3) takes any action for the purpose of effecting the events described in the foregoing paragraph (f) or this paragraph (g); or 
 (h) Judgments. There is entered against any Loan Party or any Restricted Subsidiary (i) one or more judgments or orders for the payment of money in an aggregate amount (as to all such
judgments and orders) exceeding the US Dollar Equivalent of $2,000,000 (to the extent not covered by independent third-party insurance as to which the insurer is rated at least “A” by A.M. Best Company, has been notified of the
potential claim and does not dispute coverage), or (ii) any one or more non-monetary judgments that have, or would reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect and, in either case,
(A) enforcement proceedings are commenced by any creditor upon such judgment or order, or (B) there is a period of 10 consecutive days during which a stay of enforcement of such judgment or order, by reason of a pending appeal or
otherwise, is not in effect; or 

  
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 (i) ERISA. (A) An ERISA Event occurs with respect to a Pension Plan or
Multiemployer Plan which has resulted or could reasonably be expected to result in liability of any Loan Party under Title IV of ERISA to the Pension Plan, Multiemployer Plan or the PBGC in an aggregate amount in excess of $2,000,000 or which could
reasonably likely result in a Material Adverse Effect, or (B) a Loan Party or any ERISA Affiliate fails to pay when due, after the expiration of any applicable grace period, any installment payment with respect to its withdrawal liability under
Section 4201 of ERISA under a Multiemployer Plan in an aggregate amount in excess of $2,000,000 or which could reasonably likely result in a Material Adverse Effect; or 
 (j) Canadian Pension Event. A Canadian Pension Event occurs with respect to a Canadian Pension Plan or Canadian Union Plan which has resulted or could reasonably be expected to result in Liability
of any Loan Party to the Canadian Pension Plan, Canadian Union Plan or other Person in an aggregate amount in excess of $2,000,000 or which could reasonably likely result in a Material Adverse Effect; or 

(k) Invalidity of Loan Documents. (i) Any provision of any Loan Document, at any time after its execution and delivery and for
any reason other than as expressly permitted hereunder or thereunder or satisfaction in full of all the Obligations, ceases to be in full force and effect; or any Loan Party or any other Person contests in any manner the validity or enforceability
of any provision of any Loan Document; or any Loan Party denies that it has any or further liability or obligation under any provision of any Loan Document, or purports to revoke, terminate or rescind any provision of any Loan Document or seeks to
avoid, limit or otherwise adversely affect any Lien purported to be created under any Security Document; or (ii) any Lien purported to be created under any Security Document shall cease to be, or shall be asserted by any Loan Party or any other
Person not to be, a valid and perfected Lien on any Collateral, with the priority required by the applicable Security Document; or 
 (l) Change of Control. There occurs any Change of Control; or 
 (m)
Cessation of Business. Except as otherwise expressly permitted hereunder, Lead Borrower and its Restricted Subsidiaries shall take any action to suspend the operation of their business, taken as a whole, in the ordinary course, liquidate all
or a material portion of its assets or Store locations, or employ an agent or other third party to conduct a program of closings, liquidations or “going-out-of-business” sales of any material portion of its business, taken as a
whole; or 
 (n) Loss of Collateral. There occurs any uninsured loss to any portion of the Collateral having a Value in
excess of $10,000,000; or 
 (o) Breach of Contractual Obligation. Any Loan Party or any Restricted Subsidiary thereof
fails to make any payment when due (whether by scheduled maturity, required prepayment, acceleration, demand, or otherwise) in respect of any Material Contract or fails to observe or perform any other agreement or condition relating to any such
Material Contract or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event occurs, the effect of which default or other event is to cause, or to permit the counterparty to such Material Contract to
terminate such Material Contract but only if any of the foregoing could reasonably be expected to result in a Material Adverse Effect; or 
 (p) Indictment. The indictment or institution of any legal process or proceeding against, any Loan Party or any Restricted Subsidiary thereof, under any federal, state, municipal, and other
criminal statute, rule, regulation, order, or other requirement having the force of law for a felony and such action or proceeding is reasonably expected to have a Material Adverse Effect; 

(q) Guaranty. The termination or attempted termination of any Facility Guaranty by any Guarantor except as expressly permitted
hereunder or under any other Loan Document; 

  
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 (r) Credit Card Agreements. (i) any Credit Card Issuer or Credit Card Processor
shall send notice to any Borrower that it is ceasing to make or suspending payments to such Borrower of amounts due or to become due to such Borrower or shall cease or suspend such payments which represent ten percent (10%) or more of the
Credit Card Receivables then owing to Borrower and such suspension of payments continues for five (5) consecutive days, or shall send notice to such Borrower that it is terminating its arrangements with Borrower or such arrangements shall
terminate as a result of any event of default under such arrangements, which continues for more than the applicable cure period, if any, with respect thereto, unless such Borrower shall have entered into arrangements with another Credit Card Issuer
or Credit Card Processor, as the case may be, within sixty (60) days after the date of any such notice or (ii) any Credit Card Issuer or Credit Card Processor withholds payment of amounts otherwise payable to a Borrower to fund a reserve
account or otherwise hold as collateral, or shall require a Borrower to pay funds into a reserve account or for such Credit Card Issuer or Credit Card Processor to otherwise hold as collateral, or any Borrower shall provide a letter of credit,
guarantee, indemnity or similar instrument to or in favor of such Credit Card Issuer or Credit Card Processors such that in the aggregate all of such funds in the reserve account, other than amounts held as collateral and the amount of such letters
of credit, guarantees, indemnities or similar instruments shall exceed an amount equal to or exceeding ten percent (10%) of the Credit Card Receivables processed by such Credit Card Issuer or Credit Card Processor in the immediately preceding
Fiscal Year; or 
 (s) Subordination. The subordination provisions of the documents evidencing or governing any
Subordinated Indebtedness (the “Subordinated Provisions”) shall, in whole or in part, terminate, cease to be effective or cease to be legally valid, binding and enforceable against any holder of the applicable Subordinated
Indebtedness; or (ii) any Loan Party or any Restricted Subsidiary shall, directly or indirectly, disavow or contest in any manner (A) the effectiveness, validity or enforceability of any of the Subordination Provisions, (B) that the
Subordination Provisions exist for the benefit of the Secured Parties, or (C) that all payments of principal of or premium and interest on the applicable Subordinated Indebtedness, or realized from the liquidation of any property of any Loan
Party or any Restricted Subsidiary, shall be subject to any of the Subordination Provisions. 
 8.02. Remedies Upon Event of
Default. If any Event of Default occurs and is continuing, the Administrative Agent may, or, at the request of the Required Lenders shall, take any or all of the following actions: 

(a) declare the Commitments of each Lender to make Loans and any obligation of the L/C Issuer to make L/C Credit Extensions to be
terminated, whereupon such Commitments and obligation shall be terminated; 
 (b) declare the unpaid principal amount of all
outstanding Loans, all interest accrued and unpaid thereon, and all other amounts owing or payable hereunder or under any other Loan Document to be immediately due and payable, without presentment, demand, protest or other notice of any kind, all of
which are hereby expressly waived by the Loan Parties; 
 (c) require that the Loan Parties Cash Collateralize the L/C
Obligations; and 
 (d) whether or not the maturity of the Obligations shall have been accelerated pursuant hereto, proceed to
protect, enforce and exercise all rights and remedies of the Secured Parties under this Agreement, any of the other Loan Documents or applicable Law, including, but not limited to, by suit in equity, action at law or other appropriate proceeding,
whether for the specific performance of any covenant or agreement contained in this Agreement and the other Loan Documents or any instrument pursuant to which the Obligations are evidenced, and, if such amount shall have become due, by declaration
or otherwise, proceed to enforce the payment thereof or any other legal or equitable right of the Secured Parties; 

  
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 provided, that, upon the entry of an order for relief (or similar order) with respect to any
Loan Party or any Restricted Subsidiary thereof under any Debtor Relief Laws, the obligation of each Lender to make Loans and any obligation of the L/C Issuer to make L/C Credit Extensions shall automatically terminate, the unpaid principal amount
of all outstanding Loans and all interest and other amounts as aforesaid shall automatically become due and payable, and the obligation of the Loan Parties to Cash Collateralize the L/C Obligations as aforesaid shall automatically become effective,
in each case without further act of the Administrative Agent or any Lender. 
 No remedy herein is intended to be exclusive of
any other remedy and each and every remedy shall be cumulative and shall be in addition to every other remedy given hereunder or now or hereafter existing at law or in equity or by statute or any other provision of Law. 

8.03. Application of Funds. After the exercise of remedies provided for in Section 8.02 (or after the Loans have
automatically become immediately due and payable and the L/C Obligations have automatically been required to be Cash Collateralized as set forth in the proviso to Section 8.02), any amounts received on account of the Obligations shall be
applied by the Administrative Agent in the following order: 
 First, to payment of that portion of the Obligations
(excluding the Other Liabilities) constituting fees, indemnities, Secured Party Expenses and other amounts (including fees, charges and disbursements of counsel to the Administrative Agent and amounts payable under Article III) payable to the
Administrative Agent, each in its capacity as such; 
 Second, to payment of that portion of the Obligations (excluding
the Other Liabilities) constituting indemnities, Secured Party Expenses, and other amounts (other than principal, interest and fees) payable to the Lenders and the L/C Issuer (including fees, charges and disbursements of counsel to the respective
Lenders and the L/C Issuer and amounts payable under Article III), ratably among them in proportion to the amounts described in this clause Second payable to them; 

Third, to the extent not previously reimbursed by the Lenders, to payment to the Administrative Agent of that portion of the
Obligations constituting principal and accrued and unpaid interest on any Permitted Overadvances; 
 Fourth, to the extent
that Swing Line Loans have not been refinanced by a Committed Loan, payment to the Swing Line Lender of that portion of the Obligations constituting accrued and unpaid interest on the Swing Line Loans; 

Fifth, to payment of that portion of the Obligations constituting accrued and unpaid interest on the Loans and other Obligations,
and fees (including Letter of Credit Fees but excluding any early termination fees), ratably among the Lenders and the L/C Issuer in proportion to the respective amounts described in this clause Fifth payable to them; 

Sixth, to the extent that Swing Line Loans have not been refinanced by a Committed Loan, to payment to the Swing Line Lender of
that portion of the Obligations constituting unpaid principal of the Swing Line Loans; 

  
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 Seventh, to payment of that portion of the Obligations constituting unpaid principal
of the Tranche A Revolving Loans, ratably among the Lenders and the L/C Issuer in proportion to the respective amounts described in this clause Seventh held by them; 
 Eighth, to the Administrative Agent for the account of the L/C Issuer, to Cash Collateralize that portion of L/C Obligations comprised of the aggregate undrawn amount of Letters of Credit;

 Ninth, to payment of that portion of the Obligations constituting unpaid principal of the Tranche A-1 Revolving Loans,
ratably among the Tranche A-1 Lenders in proportion to the respective amounts described in this clause Ninth held by them; 
 Tenth, to payment of all other Obligations (including without limitation the cash collateralization of unliquidated indemnification obligations as provided in Section 10.04(b), but
excluding any Other Liabilities), ratably among the Secured Parties in proportion to the respective amounts described in this clause Tenth held by them; 
 Eleventh, to payment of that portion of the Obligations arising from Cash Management Services to the extent secured under the Security Documents, ratably among the Secured Parties in proportion to
the respective amounts described in this clause Eleventh held by them; 
 Twelfth, to payment of all other
Obligations arising from Bank Products and Factored Receivables to the extent secured under the Security Documents, ratably among the Secured Parties in proportion to the respective amounts described in this clause Twelfth held by them; and

 Last, the balance, if any, after all of the Obligations have been indefeasibly paid in full, to the Loan Parties or as
otherwise required by Law. 
 Subject to Section 2.03(c), amounts used to Cash Collateralize the aggregate undrawn amount of Letters
of Credit pursuant to clause Seventh above shall be applied to satisfy drawings under such Letters of Credit as they occur. If any amount remains on deposit as Cash Collateral after all Letters of Credit have either been fully drawn or
expired, such remaining amount shall be applied to the other Obligations, if any, in the order set forth above. 
 ARTICLE IX

 ADMINISTRATIVE AGENT 
 9.01. Appointment and Authority. 
 (a) Each of the Secured Parties hereby
irrevocably appoints Wells Fargo to act on its behalf as the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to
the Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article are solely for the benefit of the Administrative Agent, the Lenders and the L/C
Issuer, and no Loan Party or any Subsidiary thereof shall have rights as a third party beneficiary of any of such provisions. 

(b) Each of the Secured Parties hereby irrevocably appoints Wells Fargo as Administrative Agent and authorizes the Administrative Agent to
act as the agent of such Lender for purposes of acquiring, holding and enforcing any and all Liens on Collateral granted by any of the Loan Parties to secure any of the Obligations, together with such powers and discretion as are reasonably
incidental thereto. In this connection, the Administrative Agent, as “collateral agent” and any co-agents, 

  
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sub-agents and attorneys-in-fact appointed by the Administrative Agent pursuant to Section 9.05 for purposes of holding or enforcing any Lien on the Collateral (or any portion
thereof) granted under the Collateral Documents, or for exercising any rights and remedies thereunder at the direction of the Administrative Agent), shall be entitled to the benefits of all provisions of this Article IX and Article X
(including Section 10.04(c)), as though such co-agents, sub-agents and attorneys-in-fact were the “collateral agent” under the Loan Documents, as if set forth in full herein with respect thereto. 

9.02. Rights as a Lender. Any Person serving as the Administrative Agent hereunder shall have the same rights and powers in their
capacity as a Lender as any other Lender and may exercise the same as though they were not the Administrative Agent and the term “Lender” or “Lenders” shall, unless otherwise expressly indicated or unless the
context otherwise requires, include the Person serving as the Administrative Agent hereunder in its individual capacity. Such Person and its Affiliates may accept deposits from, lend money to, act as the financial advisor or in any other advisory
capacity for and generally engage in any kind of business with the Loan Parties or any Subsidiary or other Affiliate thereof as if such Person were not the Administrative Agent hereunder and without any duty to account therefor to the Lenders.

 9.03. Exculpatory Provisions. The Administrative Agent shall not have any duties or obligations except those expressly
set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, the Administrative Agent: 

(a) shall not be subject to any fiduciary or other implied duties, regardless of whether a Default or Event of Default has occurred and is
continuing; 
 (b) shall not have any duty to take any discretionary action or exercise any discretionary powers, except
discretionary rights and powers expressly contemplated hereby or by the other Loan Documents that the Administrative Agent is required to exercise as directed in writing by the Required Lenders (or such other number or percentage of the Lenders as
shall be expressly provided for herein or in the other Loan Documents), provided, that, the Administrative Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may expose the
Administrative Agent to liability or that is contrary to any Loan Document or applicable law; and 
 (c) shall not, except as
expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to the Loan Parties or any of its Affiliates that is communicated to or obtained by
the Person serving as the Administrative Agent, or any of its Affiliates in any capacity. 
 The Administrative Agent shall not
be liable for any action taken or not taken by it (i) with the Consent or at the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good
faith shall be necessary, under the circumstances as provided in Sections 10.01 and 8.02) or (ii) in the absence of its own gross negligence, bad faith or willful misconduct as determined by a final and non-appealable judgment of
a court of competent jurisdiction. 
 The Administrative Agent shall not be deemed to have knowledge of any Default or Event of
Default unless and until notice describing such Default or Event of Default is given to the Administrative Agent by the Loan Parties, a Lender or the L/C Issuer. Upon the occurrence of an Event of Default, the Administrative Agent shall take such
action with respect to such Default or Event of Default as shall be reasonably directed by the Applicable Lenders. Unless and until the Administrative Agent shall have received such direction, the Administrative Agent may (but shall not be obligated
to) take such action, or refrain from taking such action, with respect to any such Default or Event of Default as it shall deem advisable in the best interest of the Secured Parties. In no event shall the Administrative Agent be required to comply
with any such directions to the extent that the Administrative Agent believes that its compliance with such directions would be unlawful. 

  
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 The Administrative Agent shall not be responsible for or have any duty to ascertain or
inquire into (i) any statement, warranty or representation made in or in connection with this Agreement or any other Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder or thereunder or in
connection herewith or therewith, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth herein or therein or the occurrence of any Default, (iv) the validity, enforceability,
effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document or the creation, perfection or priority of any Lien purported to be created by the Security Documents, (v) the value or the
sufficiency of any Collateral, or (vi) the satisfaction of any condition set forth in Article IV or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent. 

9.04. Reliance by Administrative Agent. Each Administrative Agent shall be entitled to rely upon, and shall not incur any
liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including, but not limited to, any electronic message, Internet or intranet website posting or other distribution) believed by
it to be genuine and to have been signed, sent or otherwise authenticated by the proper Person. The Administrative Agent also may rely upon any statement made to it orally or by telephone and believed by it to have been made by the proper Person,
and shall not incur any liability for relying thereon. In determining compliance with any condition hereunder to the making of a Loan, or the issuance of a Letter of Credit, that by its terms must be fulfilled to the satisfaction of a Lender or the
L/C Issuer, the Administrative Agent may presume that such condition is satisfactory to such Lender or the L/C Issuer unless the Administrative Agent shall have received written notice to the contrary from such Lender or the L/C Issuer prior to the
making of such Loan or the issuance of such Letter of Credit. The Administrative Agent may consult with legal counsel (who may be counsel for any Loan Party), independent accountants and other experts selected by it, and shall not be liable for any
action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts. 
 9.05.
Delegation of Duties. The Administrative Agent may perform any and all of its duties and exercise its rights and powers hereunder or under any other Loan Document by or through any one or more sub agents appointed by the Administrative Agent.
The Administrative Agent and any such sub agent may perform any and all of its duties and exercise its rights and powers by or through their respective Related Parties. The exculpatory provisions of this Article shall apply to any such sub agent and
to the Related Parties of the Administrative Agent and any such sub agent, and shall apply to their respective activities in connection with the syndication of the credit facilities provided for herein as well as activities as such Administrative
Agent. 
 9.06. Resignation of Administrative Agent. The Administrative Agent may at any time give written notice of its
resignation to the Lenders and the Lead Borrower. Upon receipt of any such notice of resignation, the Required Lenders shall have the right, in consultation with the Lead Borrower, to appoint a successor, which shall be a Lender or a bank with an
office in the United States, or an Affiliate of any such Lender or bank with an office in the United States. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within thirty
(30) days after the retiring Administrative Agent gives notice of its resignation, then the retiring Administrative Agent may on behalf of the Lenders and the L/C Issuer, appoint a successor Administrative Agent meeting the qualifications set
forth above; provided, that, if the Administrative Agent shall notify the Lead Borrower and the Lenders that no qualifying Person has accepted such appointment, then such resignation shall nonetheless become effective in accordance
with such notice and (1) the retiring Administrative Agent 

  
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shall be discharged from its duties and obligations hereunder and under the other Loan Documents (except that in the case of any Collateral held by the Administrative Agent on behalf of the
Lenders or the L/C Issuer under any of the Loan Documents, the retiring Administrative Agent shall continue to hold such collateral security until such time as a successor Administrative Agent is appointed) and (2) all payments, communications
and determinations provided to be made by, to or through the Administrative Agent shall instead be made by or to each Lender and the L/C Issuer directly, until such time as the Required Lenders appoint a successor Administrative Agent as provided
for above in this Section. Upon the acceptance of a successor’s appointment as Administrative Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring (or retired)
Administrative Agent, and the retiring Administrative Agent shall be discharged from all of its duties and obligations hereunder or under the other Loan Documents (if not already discharged therefrom as provided above in this Section). The fees
payable by the Borrowers to a successor Administrative Agent shall be the same as those payable to its predecessor unless otherwise agreed between the Lead Borrower and such successor. After the retiring Administrative Agent’s resignation
hereunder and under the other Loan Documents, the provisions of this Article and Section 10.04 shall continue in effect for the benefit of such retiring Administrative Agent, its sub agents and their respective Related Parties in respect
of any actions taken or omitted to be taken by any of them while the retiring Administrative Agent was acting as Administrative Agent hereunder. 
 Any resignation by Wells Fargo as Administrative Agent pursuant to this Section shall also constitute its resignation as Swing Line Lender and the resignation of Wells Fargo as L/C Issuer. Upon the
acceptance of a successor’s appointment as Administrative Agent hereunder, (a) such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring L/C Issuer and Swing Line Lender,
(b) the retiring L/C Issuer and Swing Line Lender shall be discharged from all of their respective duties and obligations hereunder or under the other Loan Documents, and (c) the successor L/C Issuer shall issue letters of credit in
substitution for the Letters of Credit, if any, outstanding at the time of such succession or make other arrangements reasonably satisfactory to the retiring L/C Issuer to effectively assume the obligations of the retiring L/C Issuer with respect to
such Letters of Credit. 
 9.07. Non-Reliance on Administrative Agent and Other Lenders. Each Lender and the L/C Issuer
acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and
decision to enter into this Agreement. Each Lender and the L/C Issuer also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents
and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished
hereunder or thereunder. Except as provided in Section 9.12, the Administrative Agent shall not have any duty or responsibility to provide any Secured Party with any other credit or other information concerning the affairs, financial
condition or business of any Loan Party that may come into the possession of the Administrative Agent. 
 9.08. No Other
Duties, Etc. Anything herein to the contrary notwithstanding, none of the Bookrunners, Arrangers, Syndication Administrative Agent or Documentation Administrative Agent listed on the cover page hereof shall have any powers, duties or
responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as the Administrative Agent, a Lender or the L/C Issuer hereunder. 

  
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 9.09. Administrative Agent May File Proofs of Claim. In case of the pendency of any
proceeding under any Debtor Relief Law or any other judicial proceeding relative to any Loan Party, the Administrative Agent (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein expressed or by
declaration or otherwise and irrespective of whether the Administrative Agent shall have made any demand on the Loan Parties) shall be entitled and empowered, by intervention in such proceeding or otherwise 

(a) to file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the Loans, L/C Obligations
and all other Obligations that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the Lenders, the L/C Issuer, the Administrative Agent and the other Secured Parties (including any
claim for the reasonable compensation, expenses, disbursements and advances of the Lenders, the L/C Issuer, the Administrative Agent, such Secured Parties and their respective agents and counsel and all other amounts due the Lenders, the L/C Issuer
the Administrative Agent and such Secured Parties under Sections 2.03(i), 2.03(j), 2.09 and 10.04) allowed in such judicial proceeding; and 
 (b) to collect and receive any monies or other property payable or deliverable on any such claims and to distribute the same; 
 and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Lender and the L/C Issuer to make such
payments to the Administrative Agent and, if the Administrative Agent shall consent to the making of such payments directly to the Lenders and the L/C Issuer, to pay to the Administrative Agent any amount due for the reasonable compensation,
expenses, disbursements and advances of the Administrative Agent and its agents and counsel, and any other amounts due the Administrative Agent under Sections 2.09 and 10.04. 

Nothing contained herein shall be deemed to authorize the Administrative Agent to authorize or consent to or accept or adopt on behalf of
any Lender or the L/C Issuer any plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or the L/C Issuer or to authorize the Administrative Agent to vote in respect of the claim of any
Lender or the L/C Issuer in any such proceeding. 
 9.10. Collateral and Guaranty Matters. The Secured Parties
irrevocably authorize the Administrative Agent, at its option and in its discretion, 
 (a) to release any Lien on any property
granted to or held by the Administrative Agent under any Loan Document (i) upon termination of the Aggregate Commitments and payment in full of all Obligations (other than contingent indemnification obligations for which no claim has been
asserted) and the expiration or termination of all Letters of Credit (other than any Letter of Credit that has been Cash Collateralized), (ii) that is sold or to be sold as part of or in connection with any sale permitted hereunder or under any
other Loan Document, or (iii) if approved, authorized or ratified in writing by the Applicable Lenders in accordance with Section 10.01; 
 (b) to release or subordinate any Lien on any property granted to or held by the Administrative Agent under any Loan Document to the holder of any Lien on such property that is permitted by clauses (h),
(q) and (r) of the definition of Permitted Encumbrances; and 
 (c) to release any Guarantor from its obligations under
the Facility Guaranty if such Person ceases to be a Subsidiary as a result of a transaction permitted hereunder. 

  
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 Upon request by the Administrative Agent at any time, the Applicable Lenders will confirm in writing such
Administrative Agent’s authority to release or subordinate its interest in particular types or items of property, or to release any Guarantor from its obligations under the Facility Guaranty pursuant to this Section 9.10. In each
case as specified in this Section 9.10, the Administrative Agent will, at the Loan Parties’ expense, execute and deliver to the applicable Loan Party such documents as such Loan Party may reasonably request to evidence the release
of such item of Collateral from the assignment and security interest granted under the Security Documents or to subordinate its interest in such item, or to release such Guarantor from its obligations under the Facility Guaranty, in each case in
accordance with the terms of the Loan Documents and this Section 9.10. 
 9.11. Notice of Transfer. The
Administrative Agent may deem and treat a Lender party to this Agreement as the owner of such Lender’s portion of the Obligations for all purposes, unless and until, and except to the extent, an Assignment and Assumption shall have become
effective as set forth in Section 10.06. 
 9.12. Reports and Financial Statements. By signing this
Agreement, each Lender: 
 (a) agrees to furnish the Administrative Agent (and thereafter at such frequency as the Administrative
Agent may reasonably request) with a summary of all Other Liabilities due or to become due to such Lender. In connection with any distributions to be made hereunder, the Administrative Agent shall be entitled to assume that no amounts are due to any
Lender on account of Other Liabilities unless the Administrative Agent has received written notice thereof from such Lender; 

(b) is deemed to have requested that the Administrative Agent furnish such Lender, promptly after they become available, copies of all
financial statements required to be delivered by the Lead Borrower hereunder and all field examinations and appraisals of the Collateral received by the Administrative Agent (collectively, the “Reports”); 

(c) expressly agrees and acknowledges that the Administrative Agent makes no representation or warranty as to the accuracy of the Reports,
and shall not be liable for any information contained in any Report; 
 (d) expressly agrees and acknowledges that the Reports
are not comprehensive audits or examinations, that the Administrative Agent or any other party performing any audit or examination will inspect only specific information regarding the Loan Parties and will rely significantly upon the Loan
Parties’ books and records, as well as on representations of the Loan Parties’ personnel; 
 (e) agrees to keep all
Reports confidential in accordance with the provisions of Section 10.07 hereof; and 
 (f) without limiting the
generality of any other indemnification provision contained in this Agreement, agrees: (i) to hold the Administrative Agent and any such other Lender preparing a Report harmless from any action the indemnifying Lender may take or conclusion the
indemnifying Lender may reach or draw from any Report in connection with any Credit Extensions that the indemnifying Lender has made or may make to the Borrowers, or the indemnifying Lender’s participation in, or the indemnifying Lender’s
purchase of, a Loan or Loans; and (ii) to pay and protect, and indemnify, defend, and hold the Administrative Agent and any such other Lender preparing a Report harmless from and against, the claims, actions, proceedings, damages, costs,
expenses, and other amounts (including attorney costs) incurred by the Administrative Agent and any such other Lender preparing a Report as the direct or indirect result of any third parties who might obtain all or part of any Report through the
indemnifying Lender. 

  
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 9.13. Agency for Perfection. Each Lender hereby appoints each other Lender as agent
for the purpose of perfecting Liens for the benefit of the Administrative Agent and the Lenders, in assets which, in accordance with Article 9 of the UCC or any other applicable Law of the United States can be perfected only by possession. Should
any Lender (other than the Administrative Agent) obtain possession of any such Collateral, such Lender shall notify the Administrative Agent thereof, and, promptly upon the Administrative Agent’s request therefor shall deliver such Collateral
to the Administrative Agent or otherwise deal with such Collateral in accordance with the Administrative Agent’s instructions. 
 9.14. Indemnification. The Lenders hereby agree to indemnify the Administrative Agent, the L/C Issuer and any of their respective Related Parties, as the case may be (to the extent not reimbursed
by the Loan Parties and without limiting the obligations of Loan Parties hereunder), ratably according to their Applicable Percentages, from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits,
costs, expenses or disbursements of any kind or nature whatsoever that may be imposed on, incurred by, or asserted against the Administrative Agent in any way relating to or arising out of this Agreement or any other Loan Document or any action
taken or omitted to be taken by the Administrative Agent in connection therewith; provided, that, no Lender shall be liable for any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs,
expenses or disbursements resulting from such Administrative Agent’s gross negligence, bad faith or willful misconduct as determined by a final and nonappealable judgment of a court of competent jurisdiction. 

9.15. Relation among Lenders. The Lenders are not partners or co-venturers, and no Lender shall be liable for the acts or
omissions of, or (except as otherwise set forth herein in case of the Administrative Agent) authorized to act for, any other Lender. 
 9.16. Defaulting or Deteriorating Lender. 
 (a) If for any reason any Lender
shall become a Deteriorating Lender or shall fail or refuse to abide by its obligations under this Agreement, including without limitation its obligation to make available to Administrative Agent its Applicable Percentage of any Loans, expenses or
setoff or purchase its Applicable Percentage of a participation interest in the Swing Line Loans and such failure is not cured within one (1) Business Day after receipt from the Administrative Agent of written notice thereof, then, in addition
to the rights and remedies that may be available to the other Secured Parties, the Loan Parties or any other party at law or in equity, and not at limitation thereof, (i) such Deteriorating Lender’s or Defaulting Lender’s right to
participate in the administration of, or decision-making rights related to, the Obligations, this Agreement or the other Loan Documents shall be suspended during the pendency of such failure or refusal, and (ii) a Deteriorating Lender or
Defaulting Lender shall be deemed to have assigned any and all payments due to it from the Loan Parties, whether on account of outstanding Loans, interest, fees or otherwise, to the remaining non-Defaulting Lenders for application to, and reduction
of, their proportionate shares of all outstanding Obligations until, as a result of application of such assigned payments the Lenders’ respective Applicable Percentages of all outstanding Obligations shall have returned to those in effect
immediately prior to such delinquency and without giving effect to the nonpayment causing such delinquency, and (iii) at the option of the Administrative Agent, any amount payable to such Deteriorating Lender or Defaulting Lender hereunder
(whether on account of principal, interest, fees or otherwise) shall, in lieu of being distributed to such Deteriorating Lender or Defaulting Lender, be retained by the Administrative Agent as cash collateral for future funding obligations of the
Deteriorating Lender or Defaulting Lender in respect of any Loan or existing or future participating interest in any Swing Line Loan or Letter of Credit. The Defaulting Lender’s decision-making and participation rights and rights to payments as
set forth in clauses (i) and (ii) hereinabove shall be restored only upon the payment by the Defaulting Lender of its Applicable Percentage of any Obligations, any participation obligation, or expenses as to which it is delinquent,
together with interest thereon at the rate set forth in Section 2.08(b) hereof from the date when originally due until the date upon which any such amounts are actually paid. 

  
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 (b) The non-Defaulting Lenders shall also have the right, but not the obligation, in their
respective, sole and absolute discretion, to cause the termination and assignment, without any further action by the Deteriorating Lender or Defaulting Lender for no cash consideration (pro rata, based on the respective Commitments of
those Lenders electing to exercise such right), of the Deteriorating Lender’s or Defaulting Lender’s Commitment to fund future Loans. Upon any such purchase of the Applicable Percentage of any Deteriorating Lender or Defaulting Lender, the
Deteriorating Lender’s or Defaulting Lender’s share in future Credit Extensions and its rights under the Loan Documents with respect thereto shall terminate on the date of purchase, and the Deteriorating Lender or Defaulting Lender shall
promptly execute all documents reasonably requested to surrender and transfer such interest, including, if so requested, an Assignment and Assumption. 
 (c) Each Deteriorating Lender and Defaulting Lender shall indemnify the Administrative Agent and each non-Defaulting Lender from and against any and all loss, damage or expenses, including but not limited
to reasonable attorneys’ fees and funds advanced by the Administrative Agent or by any non-Defaulting Lender, on account of a Deteriorating Lender’s or Defaulting Lender’s failure to timely fund its Applicable Percentage of a Loan or
to otherwise perform its obligations under the Loan Documents. 
 9.17. [Reserved.] 

9.18. Appointment for the Province of Québec. Without prejudice to Section 9.01 above, each Secured
Party hereby appoints Wells Fargo as the person holding the power of attorney (fondé pouvoir) of the Secured Parties as contemplated under Article 2692 of the Civil Code of Québec, to enter into, to take and to hold on their behalf,
and for their benefit, any deed of hypothec (“Deed of Hypothec”) to be executed by any of the Borrowers or Guarantors granting a hypothec pursuant to the laws of the Province of Québec (Canada) and to exercise such powers and
duties which are conferred thereupon under such deed. All of the Secured Parties hereby additionally appoint Administrative Agent as agent, mandatary, custodian and depositary for and on behalf of the Secured Parties (a) to hold and to be the
sole registered holder of any bond (“Bond”) issued under the Deed of Hypothec, the whole notwithstanding any other applicable law, and (b) to enter into, to take and to hold on their behalf, and for their benefit, a bond pledge
agreement (“Pledge”) to be executed by such Borrower or Guarantor pursuant to the laws of the Province of Québec and creating a pledge of the Bond as security for the payment and performance of, inter alia, the Obligations.
In this respect, (i) Administrative Agent as agent, mandatary, custodian and depositary for and on behalf of the Secured Parties, shall keep a record indicating the names and addresses of, and the pro rata portion of the obligations and
indebtedness secured by the Pledge, owing to each of the Secured Parties for and on behalf of whom the Bond is so held from time to time, and (ii) each of the Secured Parties will be entitled to the benefits of any property or assets charged
under the Deed of Hypothec and the Pledge and will participate in the proceeds of realization of any such property or assets. Wells Fargo, in such aforesaid capacities shall (A) have the sole and exclusive right and authority to exercise,
except as may be otherwise specifically restricted by the terms hereof, all rights and remedies given to Wells Fargo, as fondé de pouvoir, with respect to the property or assets charged under the Deed of Hypothec and to Administrative Agent
with respect to the property and assets changed under the Pledge, any other applicable law or otherwise, and (B) benefit from and be subject to all provisions hereof with respect to Administrative Agent mutatis mutandis, including, without
limitation, all such provisions with respect to the liability or responsibility to and indemnification by the Secured Parties, the Borrowers or the Guarantors. The execution prior to the date hereof by Wells Fargo, as fondé de pouvoir, or
Administrative Agent of any Deed of Hypothec, Pledge or other security documents made pursuant to the laws of the Province of Québec (Canada) is hereby ratified and confirmed. The constitution of Wells Fargo as the Person holding the power of
attorney (fondé de pouvoir), and of Administrative Agent, as agent, mandatary, custodian and depositary with respect to any bond that may be issued and pledged from time to time to Administrative Agent for the benefit of the Secured Parties,
shall be deemed to have been 

  
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ratified and confirmed by each Person accepting an assignment of, a participation in or an arrangement in respect of, all or any portion of any of the Secured Parties’ rights and obligations
under this Agreement by the execution of an assignment, including an Assignment and Assumption or other agreement pursuant to which it becomes such assignee or participant, and by each successor Administrative Agent by the execution of an assignment
agreement or other agreement, or by the compliance with other formalities, as the case may be, pursuant to which it becomes a successor Administrative Agent hereunder. 
 ARTICLE X 
 MISCELLANEOUS 

10.01. Amendments, Etc. No amendment or waiver of any provision of this Agreement or any other Loan Document, and no Consent to any
departure by any Loan Party therefrom, shall be effective unless in writing signed by the Administrative Agent, with the Consent of the Required Lenders, and the Lead Borrower or the applicable Loan Party, as the case may be, and acknowledged by the
Administrative Agent, and each such waiver or Consent shall be effective only in the specific instance and for the specific purpose for which given; provided, that, no such amendment, waiver or consent shall: 

(a) extend or, increase the Commitment of any Lender (or reinstate any Commitment terminated pursuant to Section 8.02) without
the written Consent of such Lender; 
 (b) as to any Lender, postpone any date fixed by this Agreement or any other Loan Document
for (i) any scheduled payment (including the Maturity Date) or mandatory prepayment of principal, interest, fees or other amounts due hereunder or under any of the other Loan Documents without the written Consent of such Lender entitled to such
payment, or (ii) any scheduled or mandatory reduction of the Aggregate Commitments hereunder or under any other Loan Document without the written Consent of such Lender; 
 (c) as to any Lender, reduce the principal of, or the rate of interest specified herein on, any Loan, or (subject to clause (iv) of the second proviso to this Section 10.01) any fees or
other amounts payable hereunder or under any other Loan Document, without the written Consent of each Lender entitled to such amount; provided, that, only the Consent of the Required Lenders shall be necessary (i) to amend the
definition of “Default Rate” or to waive any obligation of the Borrowers to pay interest or Letter of Credit Fees at the Default Rate; 
 (d) as to any Lender, change Section 2.13 or Section 8.03 in a manner that would alter the pro rata sharing of payments required thereby without the written Consent of such Lender;

 (e) change any provision of this Section or the definition of “Required Lenders”, or any other provision
hereof specifying the number or percentage of Lenders required to amend, waive or otherwise modify any rights hereunder or make any determination or grant any consent hereunder, without the written Consent of each Lender; 

(f) except as expressly permitted hereunder or under any other Loan Document, release, or limit the liability of, any Loan Party without
the written Consent of each Lender; 
 (g) except for Permitted Dispositions, release all or substantially all of the Collateral
from the Liens of the Security Documents without the written Consent of each Lender; 
 (h) except as provided in
Section 2.15, increase the Aggregate Commitments without the written Consent of each Lender; 

  
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 (i) modify the definition of Permitted Overadvance so as to increase the amount thereof or,
except as provided in such definition, the time period for a Permitted Overadvance without the written Consent of each Lender; and 
 (j) except as set forth in Section 9.10 or as otherwise expressly permitted herein or in any other Loan Document, subordinate the Obligations hereunder or the Liens granted hereunder or under the
other Loan Documents, to any other Indebtedness or Lien, as the case may be without the written Consent of each Lender; 
 and, provided,
that, (i) no amendment, waiver or Consent shall, unless in writing and signed by the L/C Issuer in addition to the Lenders required above, affect the rights or duties of the L/C Issuer under this Agreement or any Issuer Document relating
to any Letter of Credit issued or to be issued by it; (ii) no amendment, waiver or Consent shall, unless in writing and signed by the Swing Line Lender in addition to the Lenders required above, affect the rights or duties of the Swing Line
Lender under this Agreement; (iii) no amendment, waiver or Consent shall, unless in writing and signed by the Administrative Agent in addition to the Lenders required above, affect the rights or duties of the Administrative Agent under this
Agreement or any other Loan Document; (iv) no amendment, waiver or Consent shall, unless in writing and signed by the Administrative Agent in addition to the Lenders required above, affect the rights or duties of the Administrative Agent under
this Agreement or any other Loan Document, and (v) the Fee Letter may be amended, or rights or privileges thereunder waived, in a writing executed only by the parties thereto. Notwithstanding anything to the contrary herein, no Deteriorating
Lender or Defaulting Lender shall have any right to approve or disapprove any amendment, waiver or Consent hereunder, except that the Commitment of such Lender may not be increased or extended without the consent of such Lender. 

Notwithstanding anything to the contrary in this Agreement or any other Loan Document, no provider or holder of any Bank Products or Cash
Management Services shall have any voting or approval rights hereunder (or be deemed a Lender) solely by virtue of its status as the provider or holder of such agreements or products or the Obligations owing thereunder, nor shall the consent of any
such provider or holder be required (other than in their capacities as Lenders, to the extent applicable) for any matter hereunder or under any of the other Loan Documents, including as to any matter relating to the Collateral or the release of
Collateral or any Loan Party. 
 If any Lender does not consent (a “Non-Consenting Lender”) to a proposed
amendment, waiver, consent or release with respect to any Loan Document that requires the consent of each Lender or of all Lenders directly affected thereby, and that has been approved by the Required Lenders, the Lead Borrower may replace such
Non-Consenting Lender in accordance with Section 10.13; provided, that, such amendment, waiver, consent or release can be effected as a result of the assignment contemplated by such Section (together with all other such
assignments required by the Lead Borrower to be made pursuant to this paragraph). 
 10.02. Notices; Effectiveness;
Electronic Communications. 
 (a) Notices Generally. Except in the case of notices and other communications expressly
permitted to be given by telephone (and except as provided in subsection (b) below), all notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified
or registered mail, electronic communication (including via pdf or other similar electronic communication) or sent by telecopier as follows, and all notices and other communications expressly permitted hereunder to be given by telephone shall be
made to the applicable telephone number, as follows: 

  
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 (i) if to the Loan Parties, the Administrative Agent, the L/C Issuer or the Swing Line
Lender, to the address, telecopier number, electronic mail address or telephone number specified for such Person on Schedule 10.02; and 
 (ii) if to any other Lender, to the address, telecopier number, electronic mail address or telephone number specified in its Administrative Questionnaire. 

Notices sent by hand or overnight courier service, or mailed by certified or registered mail, shall be deemed to have been given when received; notices
sent by telecopier shall be deemed to have been given when sent (except that, if not given during normal business hours for the recipient, shall be deemed to have been given at the opening of business on the next Business Day for the recipient).
Notices delivered through electronic communications to the extent provided in subsection (b) below, shall be effective as provided in such subsection (b). 
 (b) Electronic Communications. Notices and other communications to the Lenders and the L/C Issuer hereunder may be delivered or furnished by electronic communication (including e mail and Internet
or intranet websites) pursuant to procedures approved by the Administrative Agent, provided, that, the foregoing shall not apply to notices to any Lender or the L/C Issuer pursuant to Article II if such Lender or the L/C Issuer, as
applicable, has notified the Administrative Agent that it is incapable of receiving notices under such Article by electronic communication. The Administrative Agent or the Lead Borrower may, in its discretion, agree to accept notices and other
communications to it hereunder by electronic communications pursuant to procedures approved by it, provided, that, approval of such procedures may be limited to particular notices or communications. 

Unless the Administrative Agent otherwise prescribes, (i) notices and other communications sent to an e-mail address shall be deemed
received upon the sender’s receipt of an acknowledgement from the intended recipient (such as by the “return receipt requested” function, as available, return e-mail or other written acknowledgement), provided,
that, if such notice or other communication is not sent during the normal business hours of the recipient, such notice or communication shall be deemed to have been sent at the opening of business on the next Business Day for the recipient,
and (ii) notices or communications posted to an Internet or intranet website shall be deemed received upon the deemed receipt by the intended recipient at its e-mail address as described in the foregoing clause (i) of notification that
such notice or communication is available and identifying the website address therefor. 
 (c) The Platform. THE PLATFORM
IS PROVIDED “AS IS” AND “AS AVAILABLE.” THE AGENT PARTIES (AS DEFINED BELOW) DO NOT WARRANT THE ACCURACY OR COMPLETENESS OF THE BORROWER MATERIALS OR THE ADEQUACY OF THE PLATFORM, AND EXPRESSLY DISCLAIM LIABILITY
FOR ERRORS IN OR OMISSIONS FROM THE BORROWER MATERIALS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM
VIRUSES OR OTHER CODE DEFECTS, IS MADE BY ANY AGENT PARTY IN CONNECTION WITH THE BORROWER MATERIALS OR THE PLATFORM. In no event shall the Administrative Agent or any of their Related Parties (collectively, the “Administrative Agent
Parties”) have any liability to any Loan Party, any Lender, the L/C Issuer or any other Person for losses, claims, damages, liabilities or expenses of any kind (whether in tort, contract or otherwise) arising out of the Loan Parties’
or the Administrative Agent’s transmission of Borrower Materials through the Internet, except to the extent that such losses, claims, damages, liabilities or expenses are determined by a court of competent jurisdiction by a final and
nonappealable judgment to have resulted from the gross negligence, bad faith or willful misconduct of such Administrative Agent Party; provided, that, in no event shall the Administrative Agent Party have any liability to any Loan
Party, any Lender, the L/C Issuer or any other Person for indirect, special, incidental, consequential or punitive damages (as opposed to direct or actual damages). 

  
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 (d) Change of Address, Etc. Each of the Loan Parties, the Administrative Agent, the
L/C Issuer and the Swing Line Lender may change its address, telecopier or telephone number for notices and other communications hereunder by notice to the other parties hereto. Each other Lender may change its address, telecopier or telephone
number for notices and other communications hereunder by notice to the Lead Borrower, the Administrative Agent, the L/C Issuer and the Swing Line Lender. In addition, each Lender agrees to notify the Administrative Agent from time to time to ensure
that the Administrative Agent has on record (i) an effective address, contact name, telephone number, telecopier number and electronic mail address to which notices and other communications may be sent and (ii) accurate wire instructions
for such Lender. 
 (e) Reliance by Administrative Agent, L/C Issuer and Lenders. The Administrative Agent, the L/C Issuer
and the Lenders shall be entitled to rely and act upon any notices (including telephonic Committed Loan Notices and Swing Line Loan Notices) purportedly given by or on behalf of the Loan Parties even if (i) such notices were not made in a
manner specified herein, were incomplete or were not preceded or followed by any other form of notice specified herein, or (ii) the terms thereof, as understood by the recipient, varied from any confirmation thereof. The Loan Parties shall
indemnify the Administrative Agent, the L/C Issuer, each Lender and the Related Parties of each of them from all losses, costs, expenses and liabilities resulting from the reliance by such Person on each notice purportedly given by or on behalf of
the Loan Parties. All telephonic notices to and other telephonic communications with the Administrative Agent may be recorded by the Administrative Agent, and each of the parties hereto hereby consents to such recording. 

10.03. No Waiver; Cumulative Remedies. No failure by any Secured Party to exercise, and no delay by any such Person in exercising,
any right, remedy, power or privilege hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power or privilege hereunder or under any other Loan Document preclude any other or further exercise
thereof or the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and privileges provided herein and in the other Loan Documents are cumulative and not exclusive of any rights, remedies, powers and privileges
provided by law. Without limiting the generality of the foregoing, the making of a Loan or issuance of a Letter of Credit shall not be construed as a waiver of any Default or Event of Default, regardless of whether any Secured Party may have had
notice or knowledge of such Default or Event of Default at the time. 
 10.04. Expenses; Indemnity; Damage Waiver.

 (a) Costs and Expenses. The Borrowers shall pay all Secured Party Expenses. 

(b) Indemnification by the Loan Parties. The Loan Parties shall indemnify the Administrative Agent (and any sub-agent thereof),
each other Secured Party, and each Related Party of any of the foregoing Persons (each such Person being called an “Indemnitee”) against, and hold each Indemnitee harmless (on an after tax basis) from, any and all losses, claims,
causes of action, damages, liabilities, settlement payments, costs, and related expenses (including the fees, charges and disbursements of counsel to the Indemnitees, limited to one primary counsel for all Indemnitees, or in the case of a conflict
of interest as reasonably determined by the Indemnitee affected, after notice to the Lead Borrower, separate counsel for such Indemnitee and any other appropriate local counsel), incurred by any Indemnitee or asserted against any Indemnitee by any
third party or by any Borrower or any other Loan Party arising out of, in connection with, or as a result of (i) the execution or delivery of this Agreement, any other Loan Document or any agreement or instrument contemplated hereby or thereby,
the 

  
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performance by the parties hereto of their respective obligations hereunder or thereunder or the consummation of the transactions contemplated hereby or thereby, or, in the case of the
Administrative Agent (and any sub-agents thereof) and their Related Parties only, the administration of this Agreement and the other Loan Documents, (ii) any Loan or Letter of Credit or the use or proposed use of the proceeds therefrom
(including any refusal by the L/C Issuer to honor a demand for payment under a Letter of Credit if the documents presented in connection with such demand do not strictly comply with the terms of such Letter of Credit), any bank advising or
confirming a Letter of Credit or any other nominated person with respect to a Letter of Credit seeking to be reimbursed or indemnified or compensated, and any third party seeking to enforce the rights of an Borrower, beneficiary, nominated person,
transferee, assignee of Letter of Credit proceeds, or holder of an instrument or document related to any Letter of Credit), (iii) any actual or alleged presence or release of Hazardous Materials on or from any property owned or operated by any
Loan Party or any of its Restricted Subsidiaries, or any Environmental Liability related in any way to any Loan Party or any of its Restricted Subsidiaries, (iv) any claims of, or amounts paid by any Secured Party to, a Blocked Account Bank or
other Person which has entered into a Control Agreement with any Secured Party hereunder, or (v) any actual or prospective claim, litigation, investigation or proceeding relating to any of the foregoing, whether based on contract, tort or any
other theory, whether brought by a third party or by any Borrower or any other Loan Party or any of the Loan Parties’ directors, shareholders or creditors, and regardless of whether any Indemnitee is a party thereto, in all cases, whether or
not caused by or arising, in whole or in part, out of the comparative, contributory or sole negligence of the Indemnitee; provided, that, such indemnity shall not, as to any Indemnitee, be available to the extent that such losses,
claims, damages, liabilities or related expenses (x) are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted from the gross negligence, bad faith or willful misconduct of such Indemnitee,
(y) arising out of any litigation that does not involve an act or omission of the any of the Loan Parties or their Affiliates and that is brought by an Indemnitee against any other Indemnitee (except when one of the parties to such action was
acting in its capacity as an agent, an arranger, a bookrunner or other agency capacity), or (z) result from a claim brought by a Borrower or any other Loan Party against an Indemnitee for breach in bad faith of such Indemnitee’s
obligations hereunder or under any other Loan Document, if the Borrowers or such Loan Party has obtained a final and nonappealable judgment in its favor on such claim as determined by a court of competent jurisdiction. 

(c) Reimbursement by Lenders. Without limiting their obligations under Section 9.14 hereof, to the extent that the Loan
Parties for any reason fail to indefeasibly pay any amount required under subsection (a) or (b) of this Section to be paid by it, each Lender severally agrees to pay to the Administrative Agent (or any such sub-agent), the L/C Issuer or
such Related Party, as the case may be, such Lender’s Applicable Percentage (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought) of such unpaid amount, provided, that, the
unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (or any such sub-agent) or the L/C Issuer in its capacity as such, or against any
Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-agent) or L/C Issuer in connection with such capacity. The obligations of the Lenders under this subsection (c) are subject to the provisions of
Section 2.12(d). 
 (d) Waiver of Consequential Damages, Etc. To the fullest extent permitted by applicable
Law, the Loan Parties shall not assert, and hereby waives, any claim against any Indemnitee, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection
with, or as a result of, this Agreement, any other Loan Document or any agreement or instrument contemplated hereby, the transactions contemplated hereby or thereby, any Loan or Letter of Credit or the use of the proceeds thereof. No Indemnitee
shall be liable for any damages arising from the use by unintended recipients of any information or other materials distributed to such unintended recipients by such Indemnitee through telecommunications, electronic or

  
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other information transmission systems in connection with this Agreement or the other Loan Documents or the transactions contemplated hereby or thereby other than for direct or actual damages
resulting from the gross negligence, bad faith, or willful misconduct of such Indemnitee as determined by a final and nonappealable judgment of a court of competent jurisdiction. 

(e) Payments. All amounts due under this Section shall be payable on demand therefore by the Administrative Agent. 

(f) Survival. The agreements in this Section shall survive the resignation of any Administrative Agent and the L/C Issuer, the
assignment of any Commitment or Loan by any Lender, the replacement of any Lender, the termination of the Aggregate Commitments and the repayment, satisfaction or discharge of all the other Obligations. 

10.05. Payments Set Aside. To the extent that any payment by or on behalf of the Loan Parties is made to any Secured Party, or any
Secured Party exercises its right of setoff, and such payment or the proceeds of such setoff or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, set aside or required (including pursuant to any settlement
entered into by such Secured Party in its discretion) to be repaid to a trustee, receiver or any other party, in connection with any proceeding under any Debtor Relief Law or otherwise, then (a) to the extent of such recovery, the obligation or
part thereof originally intended to be satisfied shall be revived and continued in full force and effect as if such payment had not been made or such setoff had not occurred, and (b) each Lender and the L/C Issuer severally agrees to pay to the
Administrative Agent upon demand its Applicable Percentage (without duplication) of any amount so recovered from or repaid by the Administrative Agent, plus interest thereon from the date of such demand to the date such payment is made at a rate per
annum equal to the Federal Funds Rate from time to time in effect. The obligations of the Lenders and the L/C Issuer under clause (b) of the preceding sentence shall survive the payment in full of the Obligations and the termination of this
Agreement. 
 10.06. Successors and Assigns. 
 (a) Successors and Assigns Generally. The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted
hereby, except that no Loan Party may assign or otherwise transfer any of its rights or obligations hereunder or under any other Loan Document without the prior written Consent of the Administrative Agent and each Lender and no Lender may assign or
otherwise transfer any of its rights or obligations hereunder except (i) to an Eligible Assignee in accordance with the provisions of Section 10.06(b), (ii) by way of participation in accordance with the provisions of
subsection Section 10.06(d), or (iii) by way of pledge or assignment of a security interest subject to the restrictions of Section 10.06(f) (and any other attempted assignment or transfer by any party hereto shall be
null and void). Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby, Participants to the extent provided in subsection
(d) of this Section and, to the extent expressly contemplated hereby, the Related Parties of each of the Secured Parties) any legal or equitable right, remedy or claim under or by reason of this Agreement. 

(b) Assignments by Lenders. Any Lender may at any time assign to one or more Eligible Assignees all or a portion of its rights and
obligations under this Agreement (including all or a portion of its Commitment(s) and the Loans (including for purposes of this Section 10.06(b), participations in L/C Obligations and in Swing Line Loans) at the time owing to it);
provided, that, any such assignment shall be subject to the following conditions: 

  
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 (i) Minimum Amounts 

(A) in the case of an assignment of the entire remaining amount of the assigning Lender’s Commitment and the Loans at the time owing
to it or in the case of an assignment to a Lender or an Affiliate of a Lender or an Approved Fund with respect to a Lender, no minimum amount need be assigned; and 
 (B) in any case not described in subsection (b)(i)(A) of this Section, the aggregate amount of the Commitment (which for this purpose includes Loans outstanding thereunder) or, if the Commitment is not
then in effect, the principal outstanding balance of the Loans of the assigning Lender subject to each such assignment, determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent
or, if “Trade Date” is specified in the Assignment and Assumption, as of the Trade Date, shall not be less than $5,000,000 unless each of the Administrative Agent and, so long as no Event of Default has occurred and is continuing,
the Lead Borrower otherwise consents (each such consent not to be unreasonably withheld or delayed); provided, that, concurrent assignments to members of an Assignee Group and concurrent assignments from members of an Assignee Group to
a single Eligible Assignee (or to an Eligible Assignee and members of its Assignee Group) will be treated as a single assignment for purposes of determining whether such minimum amount has been met; 

(ii) Proportionate Amounts. Each partial assignment shall be made as an assignment of a proportionate part of all the assigning
Lender’s rights and obligations under this Agreement with respect to the Loans or the Commitment assigned, except that this clause (ii) shall not apply to the Swing Line Lender’s rights and obligations in respect of Swing Line Loans;

 (iii) Required Consents. No consent shall be required for any assignment except to the extent required by subsection
(b)(i)(B) of this Section and, in addition: 
 (A) the consent of the Lead Borrower (such consent not to be unreasonably
withheld or delayed) shall be required unless (1) a Default or Event of Default has occurred and is continuing at the time of such assignment or (2) such assignment is to a Lender, an Affiliate of a Lender or an Approved Fund; and

 (B) the consent of the Administrative Agent (such consent not to be unreasonably withheld or delayed) shall be required for
assignments in respect of any Commitment if such assignment is to a Person that is not a Lender, an Affiliate of such Lender or an Approved Fund with respect to such Lender; and 

(C) the consent of the L/C Issuer (such consent not to be unreasonably withheld or delayed) shall be required for any assignment that
increases the obligation of the assignee to participate in exposure under one or more Letters of Credit (whether or not then outstanding); and 
 (D) the consent of the Swing Line Lender (such consent not to be unreasonably withheld or delayed) shall be required for any assignment in respect of the assignment of any Commitment. 

(iv) Assignment and Assumption. The parties to each assignment shall execute and deliver to the Administrative Agent an Assignment
and Assumption, together with a processing and recordation fee of $3,500, provided, that, the Administrative Agent may, in its sole discretion, elect to waive such processing and recordation fee in the case of any assignment. The
assignee, if it shall not be a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire. 

  
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 Subject to acceptance and recording thereof by the Administrative Agent pursuant to subsection (c) of
this Section, from and after the effective date specified in each Assignment and Assumption, the Eligible Assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned by such Assignment and Assumption, have the
rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under this Agreement (and, in the case of
an Assignment and Assumption covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto) but shall continue to be entitled to the benefits of Sections 3.01,
3.04, 3.05, and 10.04 with respect to facts and circumstances occurring prior to the effective date of such assignment. Upon request, the Borrowers (at their expense) shall execute and deliver a Note to the assignee Lender. Any
assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this subsection shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and obligations in
accordance with Section 10.06(d). 
 (c) Register. The Administrative Agent, acting solely for this purpose as
an agent of the Borrowers, shall maintain at the Administrative Agent’s Office a copy of each Assignment and Assumption delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Commitments of, and
principal amounts of the Loans and L/C Obligations owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be conclusive, absent manifest error, and the Loan Parties,
the Administrative Agent and the Lenders may treat each Person whose name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of this Agreement, notwithstanding notice to the contrary. The Register shall
be available for inspection by the Lead Borrower and any Lender at any reasonable time and from time to time upon reasonable prior notice. 
 (d) Participations. Any Lender may at any time, without the consent of, or notice to, the Loan Parties or the Administrative Agent, sell participations to any Person (other than a natural person or
the Loan Parties or any of the Loan Parties’ Affiliates or Subsidiaries) (each, a “Participant”) in all or a portion of such Lender’s rights and/or obligations under this Agreement (including all or a portion of its
Commitment and/or the Loans (including such Lender’s participations in L/C Obligations and/or Swing Line Loans) owing to it); provided, that, (i) such Lender’s obligations under this Agreement shall remain unchanged,
(ii) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations and (iii) the Loan Parties, the Administrative Agent, the Lenders and the L/C Issuer shall continue to deal solely and
directly with such Lender in connection with such Lender’s rights and obligations under this Agreement. Any Participant shall agree in writing to comply with all confidentiality obligations set forth in Section 10.07 as if such
Participant was a Lender hereunder. 
 Any agreement or instrument pursuant to which a Lender sells such a participation shall
provide that such Lender shall retain the sole right to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement; provided, that, such agreement or instrument may provide that such
Lender will not, without the consent of the Participant, agree to any amendment, waiver or other modification described in the first proviso to Section 10.01 that affects such Participant. Subject to subsection (e) of this Section,
the Loan Parties agree that each Participant shall be entitled to the benefits of Sections 3.01, 3.04 and 3.05 to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to
Section 10.06(b). To the extent permitted by law, each Participant also shall be entitled to the benefits of Section 10.08 as though it were a Lender, provided such Participant agrees to be subject to Section 2.13
as though it were a Lender. 

  
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 (e) Limitations upon Participant Rights. A Participant shall not be entitled to
receive any greater payment under Section 3.01 or 3.04 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such
Participant is made with the Lead Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.01 unless the Lead Borrower is notified of the
participation sold to such Participant and such Participant agrees, for the benefit of the Loan Parties, to comply with Section 3.01(e) as though it were a Lender. 
 (f) Certain Pledges. Any Lender may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement (including under its Note, if any) to secure
obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank; provided, that, no such pledge or assignment shall release such Lender from any of its obligations hereunder or substitute
any such pledgee or assignee for such Lender as a party hereto. 
 (g) Electronic Execution of Assignments. The words
“execution,” “signed,” “signature,” and words of like import in any Assignment and Assumption shall be deemed to include electronic signatures or the keeping of records in electronic form, each of
which shall be of the same legal effect, validity or enforceability as a manually executed signature or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable law, including the Federal
Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act. 

(h) Resignation as L/C Issuer or Swing Line Lender after Assignment. Notwithstanding anything to the contrary contained herein, if
at any time Wells Fargo assigns all of its Commitment and Loans pursuant to subsection (b) above, Wells Fargo may, (i) upon thirty (30) days’ notice to the Lead Borrower and the Lenders, resign as L/C Issuer and/or (ii) upon
thirty (30) days’ notice to the Lead Borrower, Wells Fargo may resign as Swing Line Lender. In the event of any such resignation as L/C Issuer or Swing Line Lender, the Lead Borrower shall be entitled to appoint from among the Lenders a
successor L/C Issuer or Swing Line Lender hereunder; provided, that, no failure by the Lead Borrower to appoint any such successor shall affect the resignation of Wells Fargo as L/C Issuer or Swing Line Lender, as the case may be. If
Wells Fargo resigns as L/C Issuer, it shall retain all the rights, powers, privileges and duties of the L/C Issuer hereunder with respect to all Letters of Credit outstanding as of the effective date of its resignation as L/C Issuer and all L/C
Obligations with respect thereto (including the right to require the Lenders to make Base Rate Loans pursuant to Section 2.03(c)). If Wells Fargo resigns as Swing Line Lender, it shall retain all the rights of the Swing Line Lender
provided for hereunder with respect to Swing Line Loans made by it and outstanding as of the effective date of such resignation, including the right to require the Lenders to make Base Rate Loans or fund risk participations in outstanding Swing Line
Loans pursuant to Section 2.04(c). Upon the appointment of a successor L/C Issuer and/or Swing Line Lender, (a) such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring
L/C Issuer or Swing Line Lender, as the case may be, and (b) the successor L/C Issuer shall issue letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or make other arrangements
reasonably satisfactory to Wells Fargo to effectively assume the obligations of Wells Fargo with respect to such Letters of Credit. 
 10.07. Treatment of Certain Information; Confidentiality. Each of the Secured Parties agrees to maintain the confidentiality of the Information (as defined below), except that Information may be
disclosed (a) to its Affiliates and to its and its Affiliates’ respective partners, directors, officers, employees, agents, funding sources, attorneys, advisors and representatives (it being understood that the Persons to whom such
disclosure is made will be informed of the confidential nature of such Information 

  
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and instructed to keep such Information confidential), (b) to the extent requested by any regulatory authority purporting to have jurisdiction over it (including any self-regulatory
authority, such as the National Association of Insurance Commissioners), (c) to the extent required by applicable Laws or regulations or by any subpoena or similar legal process, (d) to any other party hereto, (e) in connection with
the exercise of any remedies hereunder or under any other Loan Document or any action or proceeding relating to this Agreement or any other Loan Document or the enforcement of rights hereunder or thereunder, (f) subject to an agreement
containing provisions substantially the same as those of this Section, to (i) any assignee of or Participant in, or any prospective assignee of or Participant in, any of its rights or obligations under this Agreement or (ii) any actual or
prospective counterparty (or its advisors) to any swap or derivative transaction relating to any Loan Party and its obligations, (g) with the consent of the Lead Borrower or (h) to the extent such Information (x) becomes publicly
available other than as a result of a breach of this Section or (y) becomes available to any Secured Party or any of their respective Affiliates on a non-confidential basis from a source other than the Loan Parties. 

For purposes of this Section, “Information” means all information received from the Loan Parties or any Subsidiary
thereof relating to the Loan Parties or any Subsidiary thereof or their respective businesses, other than any such information that is available to any Secured Party on a non-confidential basis prior to disclosure by the Loan Parties or any
Subsidiary thereof, provided, that, in the case of information received from any Loan Party or any Subsidiary after the date hereof, such information is clearly identified at the time of delivery as confidential. Any Person required to
maintain the confidentiality of Information as provided in this Section shall be considered to have complied with its obligation to do so if such Person has exercised the same degree of care to maintain the confidentiality of such Information as
such Person would accord to its own confidential information. 
 Each of the Secured Parties acknowledges that (a) the
Information may include material non-public information concerning the Loan Parties or a Subsidiary, as the case may be, (b) it has developed compliance procedures regarding the use of material non-public information and (c) it will handle
such material non-public information in accordance with applicable Law, including Federal and state securities Laws. 

10.08. Right of Setoff. If an Event of Default shall have occurred and be continuing or if any Lender shall have been served with
a trustee process or similar attachment relating to property of a Loan Party, each Lender, the L/C Issuer and each of their respective Affiliates is hereby authorized at any time and from time to time, after obtaining the prior written consent of
the Administrative Agent or the Required Lenders, to the fullest extent permitted by applicable law, to set off and apply any and all deposits (general or special, time or demand, provisional or final, in whatever currency) at any time held and
other obligations (in whatever currency) at any time owing by such Lender, the L/C Issuer or any such Affiliate to or for the credit or the account of the Borrowers or any other Loan Party against any and all of the Obligations now or hereafter
existing under this Agreement or any other Loan Document to such Lender or the L/C Issuer, regardless of the adequacy of the Collateral, and irrespective of whether or not such Lender or the L/C Issuer shall have made any demand under this Agreement
or any other Loan Document and although such obligations of the Borrowers or such Loan Party may be contingent or unmatured or are owed to a branch or office of such Lender or the L/C Issuer different from the branch or office holding such deposit
or obligated on such indebtedness; provided, that, in the event that any Deteriorating Lender or Defaulting Lender shall exercise any such right of setoff (x) all amounts so set off shall be paid over immediately to the
Administrative Agent for further application in accordance with the provisions of Section 9.16 and, pending such payment, shall be segregated by such Deteriorating Lender or Defaulting Lender from its other funds and deemed held in trust
for the benefit of the Administrative Agent and the Lenders and (y) such Deteriorating Lender or Defaulting Lender shall provide promptly to the Administrative Agent a statement describing in reasonable detail the Obligations owing to such
Deteriorating Lender or Defaulting Lender as to which it exercised such right of setoff. The rights of 

  
 150

 
each Lender, the L/C Issuer and their respective Affiliates under this Section are in addition to other rights and remedies (including other rights of setoff) that such Lender, the L/C Issuer or
their respective Affiliates may have. Each Lender and the L/C Issuer agrees to notify the Lead Borrower and the Administrative Agent promptly after any such setoff and application, provided, that, the failure to give such notice shall
not affect the validity of such setoff and application. 
 10.09. Interest Rate Limitation. Notwithstanding anything to
the contrary contained in any Loan Document, the interest paid or agreed to be paid under the Loan Documents shall not exceed the maximum rate of non-usurious interest permitted by applicable Law (the “Maximum Rate”). If the
Administrative Agent or any Lender shall receive interest in an amount that exceeds the Maximum Rate, the excess interest shall be applied to the principal of the Loans or, if it exceeds such unpaid principal, refunded to the Borrowers. In
determining whether the interest contracted for, charged, or received by the Administrative Agent or a Lender exceeds the Maximum Rate, such Person may, to the extent permitted by applicable Law, (a) characterize any payment that is not
principal as an expense, fee, or premium rather than interest, (b) exclude voluntary prepayments and the effects thereof, and (c) amortize, prorate, allocate, and spread in equal or unequal parts the total amount of interest throughout the
contemplated term of the Obligations hereunder. 
 10.10. Counterparts; Integration; Effectiveness. This Agreement may be
executed in counterparts (and by different parties hereto in different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Agreement and the other Loan Documents
constitute the entire contract among the parties relating to the subject matter hereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof. Except as provided in
Section 4.01, 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 that, when taken together, bear the signatures of
each of the other parties hereto. Delivery of an executed counterpart of a signature page of this Agreement by telecopy shall be as effective as delivery of a manually executed counterpart of this Agreement. 

10.11. Survival. All representations and warranties made hereunder and in any other Loan Document or other document delivered
pursuant hereto or thereto or in connection herewith or therewith shall survive the execution and delivery hereof and thereof. Such representations and warranties have been or will be relied upon by the Secured Parties, regardless of any
investigation made by any Secured Party or on their behalf and notwithstanding that any Secured Party may have had notice or knowledge of any Default or Event of Default at the time of any Credit Extension, and shall continue in full force and
effect as long as any Loan or any other Obligation hereunder shall remain unpaid or unsatisfied or any Letter of Credit shall remain outstanding. Further, the provisions of Sections 3.01, 3.04, 3.05 and 10.04 and
Article IX shall survive and remain in full force and effect regardless of the repayment of the Obligations, the expiration or termination of the Letters of Credit and the Commitments or the termination of this Agreement or any provision
hereof. In connection with the termination of this Agreement and the release and termination of the security interests in the Collateral, the Administrative Agent may require such indemnities and collateral security as they shall reasonably deem
necessary or appropriate to protect the Secured Parties against (x) loss on account of credits previously applied to the Obligations that may subsequently be reversed or revoked, (y) any obligations that may thereafter arise with respect
to the Other Liabilities and (z) any Obligations (other than contingent indemnification obligations for which no claim has been asserted)that may thereafter arise under Section 10.04. 

10.12. Severability. If any provision of this Agreement or the other Loan Documents is held to be illegal, invalid or
unenforceable, (a) the legality, validity and enforceability of the remaining provisions of this Agreement and the other Loan Documents shall not be affected or impaired thereby and (b) the parties shall endeavor in good faith negotiations
to replace the illegal, invalid or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the illegal, invalid or unenforceable provisions. The invalidity of a provision in a particular
jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 

  
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 10.13. Replacement of Lenders. If any Lender requests compensation under
Section 3.04, or if the Borrowers are required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 3.01, or if any Lender is a Defaulting Lender or a
Non-Consenting Lender, then the Borrowers may, at their sole expense and effort, upon notice to such Lender and the Administrative Agent, require such Lender to assign and delegate, without recourse (in accordance with and subject to the
restrictions contained in, and consents required by, Section 10.06), all of its interests, rights and obligations under this Agreement and the related Loan Documents to an assignee that shall assume such obligations (which assignee may
be another Lender, if a Lender accepts such assignment), provided, that: 
 (a) the Borrowers shall have paid to
the Administrative Agent the assignment fee specified in Section 10.06(b); 
 (b) such Lender shall have received
payment of an amount equal to the outstanding principal of its Loans, accrued interest thereon, accrued fees and all other amounts payable to it hereunder and under the other Loan Documents (including any amounts under Section 3.05) from
the assignee (to the extent of such outstanding principal and accrued interest and fees) or the Borrowers (in the case of all other amounts); 
 (c) in the case of any such assignment resulting from a claim for compensation under Section 3.04 or payments required to be made pursuant to Section 3.01, such assignment will
result in a reduction in such compensation or payments thereafter; and 
 (d) such assignment does not conflict with applicable
Laws. 
 A Lender shall not be required to make any such assignment or delegation if, prior thereto, as a result of a waiver by such Lender or
otherwise, the circumstances entitling the Borrowers to require such assignment and delegation cease to apply. 
 10.14.
Governing Law; Jurisdiction; Etc. 
 (a) GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. BUT EXCLUDING ANY PRINCIPLES OF CONFLICTS OF LAWS THAT WOULD CAUSE THE APPLICATION OF THE LAW OF ANY JURISDICTION OTHER THAN THE LAWS OF THE STATE OF NEW YORK. 

(b) SUBMISSION TO JURISDICTION. EACH LOAN PARTY IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE
NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING
OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE LOAN PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR
PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, 

  
 152

 
TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE LOAN PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY
BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT ANY SECURED PARTY MAY OTHERWISE HAVE TO BRING ANY ACTION OR
PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST ANY LOAN PARTY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 
 (c) WAIVER OF VENUE. EACH LOAN PARTY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF
VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT IN ANY COURT REFERRED TO IN PARAGRAPH (B) OF THIS SECTION. EACH OF THE LOAN PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT. 
 (d) SERVICE OF PROCESS. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES IN SECTION 10.02. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF
ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW. 
 (e) ACTIONS COMMENCED BY LOAN
PARTIES. EACH LOAN PARTY AGREES THAT ANY ACTION COMMENCED BY ANY LOAN PARTY ASSERTING ANY CLAIM OR COUNTERCLAIM ARISING UNDER OR IN CONNECTION WITH THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT SHALL BE BROUGHT SOLELY IN A COURT OF THE STATE OF NEW
YORK SITTING IN NEW YORK COUNTY OR THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK AS THE ADMINISTRATIVE AGENT MAY ELECT IN ITS SOLE DISCRETION AND CONSENTS TO THE EXCLUSIVE JURISDICTION OF SUCH COURTS WITH RESPECT TO ANY SUCH
ACTION. 
 10.15. Waiver of Jury Trial. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY
APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON
CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO
ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.

 10.16. No Advisory or Fiduciary Responsibility. In connection with all aspects of each transaction contemplated
hereby, the Loan Parties each acknowledge and agree that: (i) the credit facility provided for hereunder and any related arranging or other services in connection therewith (including in connection with any amendment, waiver or other
modification hereof or of any other Loan Document) are 

  
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an arm’s-length commercial transaction between the Loan Parties, on the one hand, and the Secured Parties, on the other hand, and each of the Loan Parties is capable of evaluating and
understanding and understands and accepts the terms, risks and conditions of the transactions contemplated hereby and by the other Loan Documents (including any amendment, waiver or other modification hereof or thereof); (ii) in connection with
the process leading to such transaction, the each Secured Party is and has been acting solely as a principal and is not the financial advisor, agent or fiduciary, for the Loan Parties or any of their respective Affiliates, stockholders, creditors or
employees or any other Person; (iii) none of the Lenders has assumed or will assume an advisory, agency or fiduciary responsibility in favor of the Loan Parties with respect to any of the transactions contemplated hereby or the process leading
thereto, including with respect to any amendment, waiver or other modification hereof or of any other Loan Document (irrespective of whether any of the Secured Parties has advised or is currently advising any Loan Party or any of its Affiliates on
other matters) and none of the Secured Parties has any obligation to any Loan Party or any of its Affiliates with respect to the transactions contemplated hereby except those obligations expressly set forth herein and in the other Loan Documents;
(iv) the Secured Parties and their respective Affiliates may be engaged in a broad range of transactions that involve interests that differ from those of the Loan Parties and their respective Affiliates, and none of the Secured Parties has any
obligation to disclose any of such interests by virtue of any advisory, agency or fiduciary relationship; and (v) the Secured Parties have not provided and will not provide any legal, accounting, regulatory or tax advice with respect to any of
the transactions contemplated hereby (including any amendment, waiver or other modification hereof or of any other Loan Document) and each of the Loan Parties has consulted its own legal, accounting, regulatory and tax advisors to the extent it has
deemed appropriate. Each of the Loan Parties hereby waives and releases, to the fullest extent permitted by law, any claims that it may have against each of the Secured Parties with respect to any breach or alleged breach of agency or fiduciary
duty. 
 10.17. USA PATRIOT Act Notice. Each Lender that is subject to the Act (as hereinafter defined) and the
Administrative Agent (for itself and not on behalf of any Lender) hereby notifies the Loan Parties that pursuant to the requirements of the USA Patriot Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “Patriot
Act”), it is required to obtain, verify and record information that identifies each Loan Party, which information includes the name and address of each Loan Party and other information that will allow such Lender or the Administrative
Agent, as applicable, to identify each Loan Party in accordance with the Act. Each Loan Party is in compliance, in all material respects, with the Patriot Act. No part of the proceeds of the Loans will be used by the Loan Parties, directly or
indirectly, for any payments to any governmental official or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or
obtain any improper advantage, in violation of the United States Foreign Corrupt Practices Act of 1977, as amended. 
 10.18.
Foreign Asset Control Regulations. Neither of the advance of the Loans nor the use of the proceeds of any thereof will violate the Trading With the Enemy Act (50 U.S.C. § 1 et seq., as amended) (the “Trading With the Enemy
Act”) or any of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended) (the “Foreign Assets Control Regulations”) or any enabling legislation or executive
order relating thereto (which for the avoidance of doubt shall include, but shall not be limited to (a) Executive Order 13224 of September 21, 2001 Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit,
or Support Terrorism (66 Fed. Reg. 49079 (2001)) (the “Executive Order”) and (b) the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (Public Law
107-56)). Furthermore, none of the Borrowers or their Affiliates (a) is or will become a “blocked person” as described in the Executive Order, the Trading With the Enemy Act or the Foreign Assets Control Regulations or
(b) engages or will engage in any dealings or transactions, or be otherwise associated, with any such “blocked person” or in any manner violative of any such order. 

  
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 10.19. Time of the Essence. Time is of the essence of the Loan Documents. 

10.20. Reserved. 
 10.21. Press Releases. 
 (a) Each Loan Party consents to the publication by
Administrative Agent or any Lender of advertising material relating to the financing transactions contemplated by this Agreement using any Loan Party’s name, product photographs, logo or trademark. Administrative Agent or such Lender shall
provide a draft reasonably in advance of any advertising material to the Lead Borrower for review and comment prior to the publication thereof. Administrative Agent reserves the right to provide to industry trade organizations information necessary
and customary for inclusion in league table measurements. 
 10.22. Additional Waivers. 

(a) The Obligations are the joint and several obligation of each Loan Party. To the fullest extent permitted by Applicable Law, the
obligations of each Loan Party shall not be affected by (i) the failure of any Secured Party to assert any claim or demand or to enforce or exercise any right or remedy against any other Loan Party under the provisions of this Agreement, any
other Loan Document or otherwise, (ii) any rescission, waiver, amendment or modification of, or any release from any of the terms or provisions of, this Agreement or any other Loan Document, or (iii) the failure to perfect any security
interest in, or the release of, any of the Collateral or other security held by or on behalf of the Administrative Agent or any other Secured Party. 
 (b) The obligations of each Loan Party shall not be subject to any reduction, limitation, impairment or termination for any reason (other than the indefeasible payment in full of the Obligations after the
termination of the Commitments), including any claim of waiver, release, surrender, alteration or compromise of any of the Obligations, and shall not be subject to any defense or setoff, counterclaim, recoupment or termination whatsoever by reason
of the invalidity, illegality or unenforceability of any of the Obligations or otherwise. Without limiting the generality of the foregoing, the obligations of each Loan Party hereunder shall not be discharged or impaired or otherwise affected by the
failure of any Administrative Agent or any other Secured Party to assert any claim or demand or to enforce any remedy under this Agreement, any other Loan Document or any other agreement, by any waiver or modification of any provision of any
thereof, any default, failure or delay, willful or otherwise, in the performance of any of the Obligations, or by any other act or omission that may or might in any manner or to any extent vary the risk of any Loan Party or that would otherwise
operate as a discharge of any Loan Party as a matter of law or equity (other than the indefeasible payment in full of all the Obligations after the termination of the Commitments). 

(c) To the fullest extent permitted by applicable Law, each Loan Party waives any defense based on or arising out of any defense of any
other Loan Party or the unenforceability of the Obligations or any part thereof from any cause, or the cessation from any cause of the liability of any other Loan Party, other than the indefeasible payment in full of all the Obligations and the
termination of the Commitments. The Administrative Agent and the other Secured Parties may, at their election, foreclose on any security held by one or more of them by one or more judicial or non-judicial sales, accept an assignment of any such
security in lieu of foreclosure, compromise or adjust any part of the Obligations, make any other accommodation with any other Loan Party, or exercise any other right or remedy available to them against any other Loan Party, without affecting or
impairing in any way the liability of any Loan Party hereunder except to the extent that all the Obligations have been indefeasibly paid in full and the Commitments have been terminated. Each Loan Party waives any defense arising out of any such
election even though such election operates, pursuant to applicable Law, to impair or to extinguish any right of reimbursement or subrogation or other right or remedy of such Loan Party against any other Loan Party, as the case may be, or any
security. 

  
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 (d) Each Borrower is obligated to repay the Obligations as joint and several obligors under
this Agreement. Upon payment by any Loan Party of any Obligations, all rights of such Loan Party against any other Loan Party arising as a result thereof by way of right of subrogation, contribution, reimbursement, indemnity or otherwise shall in
all respects be subordinate and junior in right of payment to the prior indefeasible payment in full of all the Obligations and the termination of the Commitments. In addition, any indebtedness of any Loan Party now or hereafter held by any other
Loan Party is hereby subordinated in right of payment to the prior indefeasible payment in full of the Obligations and no Loan Party will demand, sue for or otherwise attempt to collect any such indebtedness. If any amount shall erroneously be paid
to any Loan Party on account of (i) such subrogation, contribution, reimbursement, indemnity or similar right or (ii) any such indebtedness of any Loan Party, such amount shall be held in trust for the benefit of the Secured Parties and
shall forthwith be paid to the Administrative Agent to be credited against the payment of the Obligations, whether matured or unmatured, in accordance with the terms of this Agreement and the other Loan Documents. Subject to the foregoing, to the
extent that any Borrower shall, under this Agreement as a joint and several obligor, repay any of the Obligations constituting Revolving Loans made to another Borrower hereunder or other Obligations incurred directly and primarily by any other
Borrower (an “Accommodation Payment”), then the Borrower making such Accommodation Payment shall be entitled to contribution and indemnification from, and be reimbursed by, each of the other Borrowers in an amount, for each of such
other Borrowers, equal to a fraction of such Accommodation Payment, the numerator of which fraction is such other Borrower’s Allocable Amount and the denominator of which is the sum of the Allocable Amounts of all of the Borrowers. As of any
date of determination, the “Allocable Amount” of each Borrower shall be equal to the maximum amount of liability for Accommodation Payments which could be asserted against such Borrower hereunder without (a) rendering such
Borrower “insolvent” within the meaning of Section 101 (31) of the Bankruptcy Code, Section 2 of the Uniform Fraudulent Transfer Act (“UFTA”) or Section 2 of the Uniform Fraudulent Conveyance Act
(“UFCA”), (b) leaving such Borrower with unreasonably small capital or assets, within the meaning of Section 548 of the Bankruptcy Code, Section 4 of the UFTA, or Section 5 of the UFCA, or (c) leaving such Borrower
unable to pay its debts as they become due within the meaning of Section 548 of the Bankruptcy Code or Section 4 of the UFTA, or Section 5 of the UFCA. 
 10.23. No Strict Construction. The parties hereto have participated jointly in the negotiation and drafting of this Agreement. In the event an ambiguity or question of intent or interpretation
arises, this Agreement shall be construed as if drafted jointly by the parties hereto and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship of any provisions of this Agreement. 

10.24. Attachments. The exhibits, schedules and annexes attached to this Agreement are incorporated herein and shall be considered
a part of this Agreement for the purposes stated herein, except that in the event of any conflict between any of the provisions of such exhibits and the provisions of this Agreement, the provisions of this Agreement shall prevail. 

10.25. Québec Interpretation. For all purposes of any assets, liabilities or entities located in the Province of
Québec and for all purposes pursuant to which the interpretation or construction of this Agreement may be subject to the laws of the Province of Québec or a court or tribunal exercising jurisdiction in the Province of Québec,
(a) “personal property” shall include “movable property”, (b) “real property” shall include “immovable property”, (c) “tangible property” shall
include “corporeal property”, (d) “intangible property” shall include “incorporeal property”, (e) “security interest”, “mortgage” and
“lien” shall include a “hypothec”, “prior claim” and a “resolutory clause”, (f) all references to filing, 

  
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registering or recording under the UCC or PPSA shall include publication under the Civil Code of Québec, (g) all references to “perfection” of or
“perfected” liens or security interest shall include a reference to an “opposable” or “set up” lien or security interest as against third parties, (h) any “right of offset”,
“right of setoff” or similar expression shall include a “right of compensation”, (i) “goods” shall include “corporeal movable property” other than chattel paper, documents of
title, instruments, money and securities, (j) an “agent” shall include a “mandatary”, (k) “construction liens” shall include “legal hypothecs”, (l) “joint and
several” shall include “solidary”, (m) “gross negligence or willful misconduct” shall be deemed to be “intentional or gross fault”, (n) “beneficial ownership”
shall include “ownership on behalf of another as mandatary”, (o) “easement” shall include “servitude”, (p) “priority” shall include “prior claim”,
(q) “survey” shall include “certificate of location and plan”, and (r) “fee simple title” shall include “absolute ownership”. 

10.26. English Language Only. The parties hereto confirm that it is their wish that this Agreement and any other document executed
in connection with the transactions contemplated hereby be drawn up in the English language only and that all other documents contemplated hereunder or relating hereto, including notices, shall also be drawn up in the English language only. Les
parties aux présentes confirment que c’est leur volonté que cette convention et les autres documents de crédit soient rédigés en langue anglaise seulement et que tous les documents, y compris tous avis,
envisagés par cette convention et les autres documents peuvent être rédigés en langue anglaise seulement. 
 10.27. Lender Action. Notwithstanding anything herein to the contrary, each Lender agrees that it shall not take or institute any actions or proceedings, judicial or otherwise, for any right or
remedy against any Loan Party under any of the Loan Documents or any agreement in respect of Bank Products or Cash Management Services (including the exercise of any right of set-off, rights on account of any banker’s lien or similar claim or
other rights of self-help), or institute any actions or proceedings, or otherwise commence any remedial procedures, with respect to any Collateral or any other property of any such Loan Party, without the prior written consent of the Administrative
Agent. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

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

			
	BORROWERS:
	
	DESTINATION MATERNITY CORPORATION
		
	By:	 	/s/ Edward M. Krell
	Name:	 	Edward M. Krell
	Title:	 	Chief Executive Officer
	
	CAVE SPRINGS, INC.
		
	By:	 	/s/ Judd P. Tirnauer
	Name:	 	Judd P. Tirnauer
	Title:	 	Chief Financial Officer
	
	GUARANTOR:
	
	MOTHERS WORK CANADA, INC.
		
	By:	 	/s/ Judd P. Tirnauer
	Name:	 	Judd P. Tirnauer
	Title:	 	Treasurer

 
			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent, Issuing Bank, as a Lender and Swing Line Lender
		
	By:	 	/s/ Michele L. Ayou
	Name:	 	Michele L. Ayou
	Its Authorized Signatory

 Schedule 1.01(a) 

Customer List and Marketing Service Agreements 
 Agreement between Lead Borrower and The Parenting Group Inc. (as amended). 
 Amended &
Restated Data License and Marketing Services Agreement between Lead Borrower and Shutterfly, LLC. 
 Data License and Marketing Services
Agreement between Lead Borrower and Kimberly-Clark Global Sales, Inc. (as amended). 
 Data License and Marketing Services Agreement between
Lead Borrower and Mead Johnson & Company, LLC (as amended). 
 Data License and Marketing Services Agreement between Lead Borrower and
ViaCord LLC (as amended). 
 Department License, Data License & Marketing Services Agreement between Lead Borrower, and Bed
Bath & Beyond, Inc. and Buy Buy Baby, Inc. (as amended). 

 Schedule 1.01(b) 

Leased Department Agreements 
  

Department License Agreement between Lead Borrower and Boscov’s Department Store, LLC (as amended). 

Department License Agreement between Lead Borrower, and Baby Superstore, Inc. and Geoffrey, Inc. (as amended). 

Department License Agreement between Lead Borrower and Gordman’s, Inc. (as amended). 
 Department License, Data License & Marketing Services Agreement between Lead Borrower, and Bed Bath & Beyond, Inc. and Buy Buy Baby, Inc. (as amended). 

License Agreement between Lead Borrower and Macy’s Retail Holdings, Inc. (as amended). 
 Product Distribution Agreement between Lead Borrower and Sears, Roebuck and Co., Kmart Corporation and other subsidiaries of Sears Holdings Corporation (as amended). 

 Schedule 1.01(c) 

Approved Foreign Jurisdictions 
 Australia 
 Austria 
 Belgium 
 Denmark 
 Finland 
 Germany 
 Ireland 
 Netherlands 
 New Zealand 
 Norway 
 Spain 
 Sweden 
 Switzerland 
 United Kingdom 

 Schedule 2.01 

Commitments and Applicable Percentages1 
  

													
	 Lender
	  	Applicable
Percentage of
Tranche A
Revolving Loan
Commitments	 	 	Applicable
Percentage of
Tranche A-1
Revolving Loan
Commitments	 	 	Applicable Percentage of
Aggregate Commitments	 
	 Wells Fargo Bank, National Association
	  	 	100	% 	 	 	100	% 	 	 	100	% 

  

	1 	 Carried out to ninth decimal place. 

 Schedule 4.01(a) 

Required Security Documents 

	1.	Security Agreement 

  

	2.	Canadian Security Agreement 

  

	3.	Grant of Security Interest in United States Patents by Lead Borrower in favor of Administrative Agent 

 

	4.	Grant of Security Interest in United States Patents by Mothers Work Canada, Inc. in favor of Administrative Agent 

 

	5.	Grant of Security Interest in United States Trademarks by Lead Borrower in favor of Administrative Agent 

 

	6.	Grant of Security Interest in United States Trademarks by Cave in favor of Administrative Agent 

 

	7.	Grant of Security Interest in Canadian Patents by Lead Borrower in favor of Administrative Agent 

 

	8.	Grant of Security Interest in Canadian Trademarks by Cave in favor of Administrative Agent 

 Schedule 5.01 

Loan Parties Organizational Information 
  

																	
	 Legal Name of Loan Party
	  	Type of
Organization	 	  	Jurisdiction
of
Organization	 	  	Organizational
Identification
Number	 	  	Federal
Taxpayer
Identification
Number	 
	 Destination Maternity Corporation
	  	 	Corporation	  	  	 	Delaware	  	  	 	0901481	  	  	 	13-3045573	  
	 Cave Springs, Inc.
	  	 	Corporation	  	  	 	Delaware	  	  	 	2138916	  	  	 	51-0303603	  
	 Mothers Work Canada, Inc.
	  	 	Corporation	  	  	 	Delaware	  	  	 	3706693	  	  	 	20-0244780	  

 Schedule 5.05 

Material Indebtedness 
 Amounts owing from time to time by Lead Borrower to Lead Borrower’s Subsidiary, Cave Springs, Inc., pursuant to the Amended and Restated Revolving Line of Credit Note dated as of October 1, 2011
in the original principal amount of U.S. $450,000,000 (as amended). 

 Schedule 5.06 

Litigation 
 None.

 Schedule 5.08(b)(1) 

Owned Real Estate 
  

					
	 Name of Loan Party
	  	 Addresses of

Owned Real Estate
	  	 Holders of Mortgages or Other
Liens

	 Destination Maternity Corporation
	  	 456 North Fifth Street
 Philadelphia, PA
(Philadelphia county)
19123
	  	None

 Schedule 5.08(b)(2) 

Leased Real Estate 
  

	(a)	Leased Distribution Centers and Offices: 

  

					
	 Name of Loan Party
	  	 Addresses of

Leased Real Estate
	  	 Landlord

	Destination Maternity Corporation	  	 Building 990
 2001 Kitty Hawk Avenue
 The Navy Yard

Philadelphia, PA

(Philadelphia county)
	  	 Philadelphia Authority for Industrial Development c/o Philadelphia Industrial Development
Corporation
 4747 South Broad Street
 Building 101, Suite 120
 Philadelphia, PA 19112

(Philadelphia county)

  

	(b)	Leased Stores: See attached list. 

 Schedule 5.08(b)(2) 

Leased Stores 

as of 10/17/12 
  

															
	 STORE
	 	CHAIN	 	
NAME OF MALL / SHOPPING CENTER
	 	 STREET ADDRESS
	 	 CITY
	 	STATE	 	ZIP	 
	 7
	 	DESTMAT	 	SOUTH COAST PLAZA	 	3333 BRISTOL ST	 	COSTA MESA	 	CA	 	 	92626	  
	 63
	 	APIP	 	WATER TOWER PLACE	 	835 N MICHIGAN AVENUE	 	CHICAGO	 	IL	 	 	60611	  
	 106
	 	MHOOD	 	MERLE HAY MALL	 	3800 MERLE HAY ROAD	 	DES MOINES	 	IA	 	 	50310	  
	 107
	 	MHOOD	 	SOUTH SHORE MALL	 	1701 SUNRISE HWY	 	BAY SHORE	 	NY	 	 	11706	  
	 108
	 	MHOOD	 	ALDERWOOD MALL	 	3000 184TH STREET SW	 	LYNNWOOD	 	WA	 	 	98037	  
	 110
	 	MHOOD	 	CORAL RIDGE MALL	 	1451 CORAL RIDGE AVENUE	 	CORALVILLE	 	IA	 	 	52241	  
	 139
	 	MHOOD	 	GLENBROOK SQUARE	 	4201 COLDWATER RD.	 	FORT WAYNE	 	IN	 	 	46805	  
	 142
	 	MHOOD	 	COUNTRYSIDE MALL	 	27001 US HWY 19 NORTH	 	CLEARWATER	 	FL	 	 	33761	  
	 147
	 	MHOOD	 	SOUTHRIDGE MALL	 	5300 S. 76TH STREET	 	GREENDALE	 	WI	 	 	53129	  
	 163
	 	MHOOD	 	SUMMIT MALL	 	3265 W. MARKET STREET	 	FAIRLAWN	 	OH	 	 	44333	  
	 176
	 	MHOOD	 	CONSUMER SQUARE	 	324 CONSUMER SQUARE	 	MAYS LANDING	 	NJ	 	 	08330	  
	 200
	 	APIP	 	PACIFIC PLACE	 	10321 PACIFIC STREET	 	OMAHA	 	NE	 	 	68114	  
	 230
	 	MHOOD	 	SHOPPES AT RIVER CROSSING	 	5080 RIVERSIDE DRIVE	 	MACON	 	GA	 	 	31210	  
	 231
	 	MHOOD	 	MONTGOMERY MALL	 	238 MONTGOMERY MALL	 	NORTH WALES	 	PA	 	 	19454	  
	 238
	 	MHOOD	 	HANES MALL	 	3320 SILAS CREEK PRKWAY	 	WINSTON-SALEM	 	NC	 	 	27103	  
	 239
	 	MHOOD	 	BELDON VILLAGE MALL	 	4385 BELDEN VILLAGE MALL	 	CANTON	 	OH	 	 	44718	  
	 241
	 	MHOOD	 	GREAT LAKES MALL	 	7850 MENTOR AVENUE	 	MENTOR	 	OH	 	 	44060	  
	 242
	 	MHOOD	 	HULEN MALL	 	4800 S HULEN STREET	 	FORT WORTH	 	TX	 	 	76132	  
	 243
	 	MHOOD	 	GOVENOR'S SQUARE	 	1500 APALACHEE PKWY	 	TALLAHASSEE	 	FL	 	 	32301	  
	 246
	 	MHOOD	 	NORTH PARK MALL	 	320 W KIMBERLY RD	 	DAVENPORT	 	IA	 	 	52806	  
	 248
	 	MHOOD	 		 	595 PARKWAY PLAZA	 	EL CAJON	 	CA	 	 	92020	  
	 249
	 	MHOOD	 	GREENWOOD MALL	 	2625 SCOTTSVILLE RD	 	BOWLING GREEN	 	KY	 	 	42104	  
	 298
	 	MHOOD	 	WEST RIDGE MALL	 	1801 SW WANAMAKER RD	 	TOPEKA	 	KS	 	 	66604	  
	 300
	 	MHOOD	 	QUEENS CENTER	 	90-15 QUEENS BOULEVARD	 	ELMHURST	 	NY	 	 	11373	  
	 301
	 	MHOOD	 	COBB TOWN CENTER	 	400 ERNEST W BARRETT PKY	 	KENNESAW	 	GA	 	 	30144	  
	 302
	 	MHOOD	 	MC CAIN MALL	 	3929 MC CAIN BLVD	 	N. LITTLE ROCK	 	AR	 	 	72116	  
	 304
	 	MHOOD	 	TEMPE MARKETPLACE	 	2000 E. RIO SALADO PKWY	 	TEMPE	 	AZ	 	 	85281	  
	 305
	 	MHOOD	 	VALLEY FAIR SHOPPING CENTER	 	2329 VALLEY FAIR SOUTH	 	SANTA CLARA	 	CA	 	 	95050	  
	 310
	 	MHOOD	 	LAKESIDE CIRCLE	 	14600 LAKESIDE CIRCLE	 	STERLING HEIGHTS	 	MI	 	 	48313	  
	 311
	 	MHOOD	 	OAKLAND MALL	 	634 WEST 14 MILE ROAD	 	TROY	 	MI	 	 	48083	  
	 312
	 	MHOOD	 	CORDOVA MALL	 	5100 NORTH NINETH AVE	 	PENSACOLA	 	FL	 	 	32504	  
	 315
	 	MHOOD	 	SOUTHGATE MALL	 	SOUTHGATE MALL	 	MISSOULA	 	MT	 	 	59801	  
	 324
	 	MHOOD	 	SALEM CENTER	 	480 CENTER STREET N.E.	 	SALEM	 	OR	 	 	97301	  
	 325
	 	MHOOD	 	FOX VALLEY CTR	 	2082 FOX VALLEY MALL	 	AURORA	 	IL	 	 	60504	  
	 326
	 	MHOOD	 	VINTAGE FAIRE	 	3401 DALE ROAD	 	MODESTO	 	CA	 	 	95356	  
	 329
	 	MHOOD	 	TACOMA MALL	 	4502 S. STEELE ST	 	TACOMA	 	WA	 	 	98409	  
	 338
	 	MHOOD	 	HAMILTON PLACE	 	2100 HAMILTON PLACE	 	CHATTANOOGA	 	TN	 	 	37421	  
	 339
	 	MHOOD	 	COTTONWOOD MALL	 	10,000 COORS BLVD NW	 	ALBUQUERQUE	 	NM	 	 	87114	  
	 340
	 	MHOOD	 	NEW PARK MALL	 	5902 MOWRY AVENUE	 	NEWARK	 	CA	 	 	94560	  
	 341
	 	MHOOD	 	WESTFARMS MALL	 	224 WESTFARMS MALL	 	FARMINGTON	 	CT	 	 	06032	  
	 344
	 	MHOOD	 	MIDLAND PARK MALL	 	4511 MIDKIFF ROAD	 	MIDLAND	 	TX	 	 	79705	  
	 345
	 	MHOOD	 	ANNAPOLIS MALL	 	1450 ANNAPOLIS MALL	 	ANNAPOLIS	 	MD	 	 	21401	  
	 347
	 	MHOOD	 	LOS CERRITOS CENTER	 	512 LOS CERRITOS CENTER	 	CERRITOS	 	CA	 	 	90703	  
	 348
	 	MHOOD	 	FREEHOLD RACEWAY MALL	 	348 FREEHOLD RACEWAY MALL	 	FREEHOLD	 	NJ	 	 	07728	  
	 352
	 	MHOOD	 	GATEWAY MALL	 	3000 GATEWAY STREET	 	SPRINGFIELD	 	OR	 	 	97477	  
	 353
	 	MHOOD	 	ALGONQUIN COMMONS	 	1732 RANDALL ROAD	 	ALGONQUIN	 	IL	 	 	60102	  
	 359
	 	MHOOD	 	QUAIL SPRINGS MALL	 	2501 W. MEMORIAL #234	 	OKLAHOMA CITY	 	OK	 	 	73120	  
	 360
	 	MHOOD	 	EDISON MALL	 	4125 CLEVELAND AVENUE	 	FORT MYERS	 	FL	 	 	33901	  
	 362
	 	MHOOD	 	CLACKAMAS TOWN CENTER	 	12000 SE 82ND AVENUE	 	HAPPY VALLEY	 	OR	 	 	97086	  
	 364
	 	MHOOD	 	NORTH COUNTY FAIR	 	200 E VIA RANCHO PKWY	 	ESCONDIDO	 	CA	 	 	92025	  
	 367
	 	MHOOD	 	WHITE MARSH MALL	 	8200 PERRY HALL BLVD	 	BALTIMORE	 	MD	 	 	21236	  
	 368
	 	MHOOD	 	BARTON CREEK MALL	 	2901 CAPITOL OF TEXAS HIGHWAY	 	AUSTIN	 	TX	 	 	78746	  
	 369
	 	MHOOD	 	LYNN HAVEN MALL	 	701 LYNN HAVEN PKWY	 	VIRGINIA BEACH	 	VA	 	 	23453	  
	 370
	 	MHOOD	 	DEERBROOK MALL	 	20131 HIGHWAY 59	 	HUMBLE	 	TX	 	 	77338	  
	 371
	 	MHOOD	 	WILLOWBROOK MALL	 	7925 FM 1960 WEST	 	HOUSTON	 	TX	 	 	77070	  
	 372
	 	MHOOD	 	TOWNE WEST SQUARE SPACE	 	TOWNE WEST SQ.	 	WICHITA	 	KS	 	 	67209	  
	 373
	 	MHOOD	 	PLAZA BONITA	 	3030 PLAZA BONITA RD.#106	 	NATIONAL CITY	 	CA	 	 	91950	  
	 374
	 	MHOOD	 	NORTHTOWN MALL	 	4750 DIVISON ST	 	SPOKANE	 	WA	 	 	99207	  
	 376
	 	MHOOD	 	WESTFIELD SHOPPINGTOWN HAWTHORN	 	329 HAWTHORN CIRCLE	 	VERNON HILLS	 	IL	 	 	60061	  
	 377
	 	MHOOD	 	PARK CITY CENTER	 	818 PARK CITY CENTER	 	LANCASTER	 	PA	 	 	17601	  
	 378
	 	MHOOD	 	THE CITADEL	 	600 THE CITADEL MALL	 	CHARLESTON	 	SC	 	 	29407	  
	 379
	 	MHOOD	 	TUCSON MALL	 	4500 N. ORACLE ROAD	 	TUCSON	 	AZ	 	 	85705	  
	 386
	 	MHOOD	 	OXMOOR CENTER	 	7900 SHELBYVILLE ROAD	 	LOUISVILLE	 	KY	 	 	40222	  
	 390
	 	MHOOD	 	PEARLRIDGE CENTER	 	98-1005 MOANALUA ROAD	 	AIEA	 	HI	 	 	96701	  
	 391
	 	MHOOD	 	THE GALLERIA	 	5135 WEST ALABAMA	 	HOUSTON	 	TX	 	 	77056	  
	 393
	 	MHOOD	 	GALLERIA AT TYLER	 	2025 GALLERIA AT TYLER	 	RIVERSIDE	 	CA	 	 	92503	  
	 394
	 	MHOOD	 	WESTMINSTER MALL	 	1024 WESTMINSTER MALL	 	WESTMINSTER	 	CA	 	 	92683	  
	 396
	 	MHOOD	 	PEMBROKE LAKES MALL	 	11401 PINES BLVD #722	 	PEMBROKE PINES	 	FL	 	 	33026	  
	 399
	 	MHOOD	 	VISTA RIDGE MALL	 	2401 S STEMMONS FRWY#1426	 	LEWISVILLE	 	TX	 	 	75067	  
	 421
	 	MHOOD	 	BAYBROOK MALL	 	1312 BAYBROOK MALL	 	FRIENDSWOOD	 	TX	 	 	77546	  
	 424
	 	MHOOD	 	ARROWHEAD TOWN CENTER	 	7700 W. ARROWHEAD CENTER	 	GLENDALE	 	AZ	 	 	85308	  
	 428
	 	MHOOD	 	HILLDALE SHOPPING CENTER	 	642 N. MIDVALE BLVD	 	MADISON	 	WI	 	 	53703	  
	 431
	 	MHOOD	 	COLUMBIA MALL	 	2322 COLUMBIA MALL	 	COLUMBIA	 	MD	 	 	21044	  

  
 1 of 9

 Schedule 5.08(b)(2) 

Leased Stores 
  

 as of 10/17/12 
  

															
	 STORE
	 	CHAIN	 	
NAME OF MALL / SHOPPING CENTER
	 	 STREET ADDRESS
	 	 CITY
	 	STATE	 	ZIP	 
	 443
	 	MHOOD	 	MEADOWWOOD CIRCLE MALL	 	5183 MEADOWWOOD CIRCLE	 	RENO	 	NV	 	 	89502	  
	 451
	 	MHOOD	 	NORTHRIDGE FASHION CENTER	 	9301 TAMPA AVENUE	 	NORTHRIDGE	 	CA	 	 	91324	  
	 455
	 	MHOOD	 	SERRAMONTE CENTER	 	37 SERRAMONTE CENTER	 	DALY CITY	 	CA	 	 	94015	  
	 458
	 	MHOOD	 	CITADEL MALL	 	750 CITADEL DRIVE EAST	 	COLORADO SPRINGS	 	CO	 	 	80909	  
	 461
	 	MHOOD	 	MONTEBELLO TOWN CENTER	 	1856 MONTEBELLO TOWN CENT	 	MONTEBELLO	 	CA	 	 	90640	  
	 462
	 	MHOOD	 	FASHION PLACE	 	6191 SOUTH STATE	 	MURRAY	 	UT	 	 	84107	  
	 463
	 	MHOOD	 	PHEASANT LANE	 	310 DANIEL WEBSTER HWY.	 	NASHUA	 	NH	 	 	03060	  
	 465
	 	MHOOD	 	UNIVERSITY MALL	 	575 EAST UNIVERSITY PARKWAY	 	OREM	 	UT	 	 	84097	  
	 469
	 	MHOOD	 	WOODLANDS MALL	 	1201 LAKE WOODLANDS DRIVE	 	WOODLANDS	 	TX	 	 	77380	  
	 470
	 	MHOOD	 	MIDRIVERS MALL	 	MIDRIVERS MALL	 	ST PETERS	 	MO	 	 	63376	  
	 475
	 	MHOOD	 	DEL AMO FASHION CENTER	 	21880 HAWTHORNE BLVD	 	TORRANCE	 	CA	 	 	90503	  
	 476
	 	MHOOD	 	FOUR SEASONS	 	FOUR SEASONS	 	GREENSBORO	 	NC	 	 	27407	  
	 479
	 	MHOOD	 	ROCKINGHAM PARK	 	99 ROCKINGHAM PARK	 	SALEM	 	NH	 	 	03079	  
	 480
	 	MHOOD	 	SANTA ANITA FASHION PARK	 	400 BALDWIN	 	ARCADIA	 	CA	 	 	91007	  
	 482
	 	MHOOD	 	RIDGEDALE MALL	 	12633 WAYZATA BLVD.	 	MINNETONKA	 	MN	 	 	55305	  
	 483
	 	MHOOD	 	CIELO VISTA MALL	 	8401 GATEWAY WEST	 	EL PASO	 	TX	 	 	79925	  
	 484
	 	MHOOD	 	WASHINGTON SQUARE	 	9493 SW WASHINGTON SQUARE RD	 	PORTLAND	 	OR	 	 	97223	  
	 486
	 	MHOOD	 	SANTA ROSA PLZA	 	1036 SANTA ROSA PLAZA	 	SANTA ROSA	 	CA	 	 	95401	  
	 488
	 	MHOOD	 	QUAKERBRIDGE MALL	 	150 QUAKER BRIDGE MALL	 	LAWRENCEVILLE	 	NJ	 	 	08648	  
	 490
	 	MHOOD	 	VILLAGE SAND HILL	 	481-1 TOWN CENTER PLACE	 	COLUMBIA	 	SC	 	 	29229	  
	 492
	 	MHOOD	 	TYSONS CORNER	 	1961 CHAIN BRIDGE ROAD	 	MCLEAN	 	VA	 	 	22102	  
	 495
	 	MHOOD	 	WHEATON PLAZA	 	11160 VEIRS ROAD	 	WHEATON	 	MD	 	 	20902	  
	 498
	 	MHOOD	 	NEWPORT CENTRE	 	30-264 MALL DRIVE	 	JERSEY CITY	 	NJ	 	 	07310	  
	 501
	 	MHOOD	 	WESTFIELD SHOPPINGTOWN OAKRIDGE	 	925 BLOSSOM HILL ROAD	 	SAN JOSE	 	CA	 	 	95123	  
	 506
	 	MHOOD	 	BOISE TOWN CENTER	 	350 N. MILWALUKEE	 	BOISE	 	ID	 	 	83704	  
	 508
	 	MHOOD	 	TWELVE OAKS MALL	 	27378 NOVI ROAD	 	NOVI	 	MI	 	 	48377	  
	 509
	 	MHOOD	 	UNIVERSITY TOWN CENTER	 	4485 LAJOLLA VILLAGE	 	SAN DIEGO	 	CA	 	 	92122	  
	 512
	 	MHOOD	 	LOUIS JOLIET	 	1488 LOUIS JOLIET MALL	 	JOLIET	 	IL	 	 	60435	  
	 517
	 	MHOOD	 	CAPITOLA MALL	 	1855 41ST AVE #487	 	CAPITOLA	 	CA	 	 	95010	  
	 521
	 	MHOOD	 	GALLERIA AT SUNSET	 	1300 WEST SUNSET BLVD.	 	HENDERSON	 	NV	 	 	89015	  
	 522
	 	MHOOD	 	KING OF PRUSSIA PLAZA	 	160 N. GULPH RD	 	KING OF PRUSSIA	 	PA	 	 	19406	  
	 526
	 	MHOOD	 	OAKVIEW MALL	 	3001 S. 144TH STREET	 	OMAHA	 	NE	 	 	68144	  
	 527
	 	MHOOD	 	STATEN ISLAND MALL	 	2655 RICHMOND AVENUE	 	STATEN ISLAND	 	NY	 	 	10314	  
	 528
	 	MHOOD	 	WESTSIDE PAVILLION	 	10800 WEST PICO BLVD.	 	LOS ANGELES	 	CA	 	 	90064	  
	 529
	 	MHOOD	 	AUGUSTA MALL	 	3450 WRIGHTSBORO RD	 	AUGUSTA	 	GA	 	 	30909	  
	 530
	 	MHOOD	 	WATERFORD COMMONS	 	903 HARTFORD TURNPIKE	 	WATERFORD	 	CT	 	 	06385	  
	 531
	 	MHOOD	 	EMERALD SQUARE	 	999 S. WASHINGTON ST	 	NORTH ATTLEBORO	 	MA	 	 	02760	  
	 532
	 	MHOOD	 	MAINE MALL	 	364 MAINE MALL ROAD	 	SOUTH PORTLAND	 	ME	 	 	04106	  
	 536
	 	MHOOD	 	MALL AT ARDEN FAIR	 	1689 ARDEN WAY	 	SACRAMENTO	 	CA	 	 	95815	  
	 539
	 	MHOOD	 	SEMINOLE MARKETPLACE	 	1389 WP BALL BOULEVARD	 	SANFORD	 	FL	 	 	32771	  
	 543
	 	MHOOD	 	KINGS PLAZA	 	5377 KINGS PLAZA	 	BROOKLYN	 	NY	 	 	11234	  
	 545
	 	MHOOD	 	VALENCIA TOWN CENTER	 	24201 W VALENCIA BLVD	 	VALENCIA	 	CA	 	 	91355	  
	 546
	 	MHOOD	 	TOWN EAST MALL	 	2204 TOWN EAST MALL	 	MESQUITE	 	TX	 	 	75150	  
	 548
	 	MHOOD	 	TRI-COUNTY MALL	 	11700 PRINCETON PIKE	 	CINCINNATI	 	OH	 	 	45246	  
	 549
	 	MHOOD	 	THE PARKS AT ARLINGTON	 	3811 S COOPER ST	 	ARLINGTON	 	TX	 	 	76015	  
	 551
	 	MHOOD	 	CUMBERLAND MALL	 	1146 CUMBERLAND MALL SE	 	ATLANTA	 	GA	 	 	30339	  
	 554
	 	MHOOD	 	WOODLAND HILLS MALL	 	7021 S. MEMORIAL DRIVE	 	TULSA	 	OK	 	 	74133	  
	 555
	 	MHOOD	 	SUGAR LAND TOWN SQUARE	 	16205 CITY WALK	 	SUGAR LAND	 	TX	 	 	77479	  
	 557
	 	MHOOD	 	WOLFCHASE GALLERIA	 	2760 N. GERMANTOWN PKWY	 	MEMPHIS	 	TN	 	 	38133	  
	 560
	 	MHOOD	 	LLOYD CENTER	 	2201 LLOYD CENTER	 	PORTLAND	 	OR	 	 	97232	  
	 563
	 	MHOOD	 	CORONADO CENTER	 	6600 MENAUL BLVD., NE	 	ALBUQUERQUE	 	NM	 	 	87110	  
	 564
	 	MHOOD	 	CHESTERFIELD TOWN CENTER	 	11500 MIDLOTHIAN TURNPIKE	 	RICHMOND	 	VA	 	 	23235	  
	 566
	 	MHOOD	 	SUPERSTITION SPRINGS CENTER	 	6555 E. SOUTHERN AVENUE	 	MESA	 	AZ	 	 	85206	  
	 568
	 	MHOOD	 	SPRINGFIELD MALL	 	1250 BLTIMORE PIKE	 	SPRINGFIELD	 	PA	 	 	19064	  
	 570
	 	MHOOD	 	LINCOLN PLACE SHOPPING CENTER	 	5949 N. ILLINOIS STREET	 	FAIRVIEW HEIGHTS	 	IL	 	 	62208	  
	 573
	 	MHOOD	 	PAVILION AT TURKEY CREEK	 	11146 PARKSIDE DRIVE	 	KNOXVILLE	 	TN	 	 	37922	  
	 575
	 	MHOOD	 	GREENWOOD CENTER	 	789 US 31 NORTH	 	GREENWOOD	 	IN	 	 	46142	  
	 577
	 	MHOOD	 	FOX RIVER MALL	 	4301 W. WISCONSIN AVE.	 	APPLETON	 	WI	 	 	54913	  
	 579
	 	MHOOD	 	ST. CHARLES TOWN CENTER	 	11110 MALL CIRCLE	 	WALDORF	 	MD	 	 	20603	  
	 593
	 	MHOOD	 	DESTINY USA	 	9597 DESTINY USA DRIVE	 	SYRACUSE	 	NY	 	 	13204	  
	 595
	 	MHOOD	 	STONERIDGE MALL	 	2121 STONERIDGE MALL	 	PLEASANTON	 	CA	 	 	94588	  
	 597
	 	MHOOD	 	EASTVIEW MALL	 	325 EASTVIEW MALL	 	VICTOR	 	NY	 	 	14564	  
	 600
	 	OUTLET	 	FRANKLIN MILLS MALL	 	1574 FRANKLIN MILLS CIRCLE	 	PHILADELPHIA	 	PA	 	 	19154	  
	 603
	 	OUTLET	 	POTOMAC MILLS OUTLET	 	2700 POTOMAC MILLS CIRCLE	 	PRINCE WILLIAM	 	VA	 	 	22192	  
	 604
	 	OUTLET	 	SAWGRASS MILLS MALL	 	12801 WEST SUNRISE BLVD	 	SUNRISE	 	FL	 	 	33323	  
	 606
	 	OUTLET	 	PRIME OUTLETS SAN MARCOS	 	3939 I-35 SOUTH	 	SAN MARCOS	 	TX	 	 	78666	  
	 609
	 	OUTLET	 	ELLENTON PRIME OUTLETS	 	5295 FACTORY SHOPS BLVD	 	ELLENTON	 	FL	 	 	34222	  
	 610
	 	OUTLET	 	CASTLE ROCK PRIME OUTLETS'	 	5050 FACTORY STORES BLVD	 	CASTLE ROCK	 	CO	 	 	80108	  
	 611
	 	OUTLET	 	GURNEE MILLS MALL	 	6170 W GRAND AVE	 	GURNEE	 	IL	 	 	60031	  
	 612
	 	OUTLET	 	BIRCH RUN PREMIUM OUTLETS	 	12158 BEYER ROAD	 	BIRCH RUN	 	MI	 	 	48415	  
	 613
	 	OUTLET	 	CONROE PRIME OUTLETS	 	1111 LEAGUE LINE RD	 	CONROE	 	TX	 	 	77303	  
	 614
	 	OUTLET	 	JEFFERSONVILLE PRIME OUTLETS	 	8000 FACTORY SHOPS BLVD	 	JEFFERSONVILLE	 	OH	 	 	43128	  
	 615
	 	OUTLET	 	GILROY PRIME OUTLETS	 	681 LEAVESLEY ROAD	 	GILROY	 	CA	 	 	95020	  

  
 2 of 9

 Schedule 5.08(b)(2) 

Leased Stores 
  

 as of 10/17/12 
  

															
	 STORE
	 	CHAIN	 	
NAME OF MALL / SHOPPING CENTER
	 	 STREET ADDRESS
	 	 CITY
	 	STATE	 	ZIP	 
	 616
	 	OUTLET	 	PETALUMA VLG FCTRY OTLTS	 	2200 PETALUMA BLVD NORTH	 	PETALUMA	 	CA	 	 	94952	  
	 618
	 	OUTLET	 	VERO BEACH PRIME OUTLETS	 	1856 94TH DR.	 	VERO BEACH	 	FL	 	 	32966	  
	 620
	 	OUTLET	 	RIVERHEAD TANGER FACTORY OUTLETS	 	210 TANGER MALL DR.	 	RIVERHEAD	 	NY	 	 	11901	  
	 624
	 	OUTLET	 	FACTORY OUTLET VILLAGE	 	4540 HIGHWAY 54	 	OSAGE BEACH	 	MO	 	 	65065	  
	 625
	 	OUTLET	 	ST. AUGUSTINE OUTLET CENTER	 	2700 STATE ROAD 16	 	ST AUGUSTINE	 	FL	 	 	32092	  
	 626
	 	OUTLET	 	LIGHTHOUSE PLACE PREMIUM OUTLETS	 	118 LIGHTHOUSE PLACE	 	MICHIGAN CITY	 	IN	 	 	46360	  
	 627
	 	OUTLET	 	COMMERCE II TANGER OUTLET CENTER	 	800 STEVEN B. TANGER BLVD	 	COMMERCE	 	GA	 	 	30529	  
	 628
	 	OUTLET	 	WILLIAMSBURG TANGER FACTORY OUTLETS	 	TANGER DRIVE #110	 	WILLIAMSBURG	 	IA	 	 	52361	  
	 630
	 	OUTLET	 	EDINBURGH PREMIUM OUTLETS	 	3155 OUTLET DRIVE	 	EDINBURGH	 	IN	 	 	46124	  
	 631
	 	OUTLET	 	RIVIERIA CENTRE FACTORY	 	2601 S. MCKENZIE ST	 	FOLEY	 	AL	 	 	36535	  
	 634
	 	OUTLET	 	SILVER SANDS FACTORY STRS	 	10676 W EMERALD COAST PARKWAY	 	DESTIN	 	FL	 	 	32550	  
	 637
	 	OUTLET	 	CAMARILLO FACTRY OUTLTS	 	740 VENTURA BLVD	 	CAMARILLO	 	CA	 	 	93010	  
	 642
	 	OUTLET	 	LANCASTER TANGER FACTORY OUTLETS	 	STANLEY K TANGER BLVD	 	LANCASTER	 	PA	 	 	17602	  
	 644
	 	OUTLET	 	WESTBROOK FACTORY STORES	 	314 FLATROCK PL.	 	WESTBROOK	 	CT	 	 	06498	  
	 645
	 	OUTLET	 	SUPER MALL OF THE GREAT NORTHWEST	 	1101 SUPER MALL WAY	 	AUBURN	 	WA	 	 	98001	  
	 649
	 	OUTLET	 	NORTH GEORGIA PREMIUM OUTLETS	 	800 HWY., 400 SOUTH	 	DAWSONVILLE	 	GA	 	 	30534	  
	 652
	 	OUTLET	 	SECAUCUS OUTLET CENTER	 	55 HARTZ WAY	 	SECAUCUS	 	NJ	 	 	07094	  
	 653
	 	OUTLET	 	GROVE CITY PRIME OUTLETS	 	1-79 & RT. 208	 	GROVE CITY	 	PA	 	 	16127	  
	 655
	 	OUTLET	 	GRAPEVINE MILLS	 	3000 GRAPEVINE MILLS PKWY	 	GRAPEVINE	 	TX	 	 	76051	  
	 656
	 	OUTLET	 	CARLSBAD OUTLETS	 	5630 PASEO DEL NORTE	 	CARLSBAD	 	CA	 	 	92008	  
	 658
	 	OUTLET	 	GREAT MALL	 	278 GREAT MALL DRIVE	 	MILPITAS	 	CA	 	 	95035	  
	 664
	 	OUTLET	 	WRENTHAM OUTLET VILLAGE	 	1 PREMIUM OUTLET BLVD	 	WRENTHAM	 	MA	 	 	02093	  
	 680
	 	OUTLET	 	VACAVILLE	 	311-H NUT TREE ROAD	 	VACAVILLE	 	CA	 	 	95688	  
	 732
	 	MHOOD	 	AUBURN MALL	 	385 SOUTHBRIDGE STREET	 	AUBURN	 	MA	 	 	01501	  
	 733
	 	MHOOD	 	RUSHMORE MALL	 	2200 NORTH MAPLE	 	RAPID CITY	 	SD	 	 	57701	  
	 734
	 	MHOOD	 	INDEPENDENCE MALL	 	3500 OLEANDER DRIVE	 	WILMINGTON	 	NC	 	 	28403	  
	 748
	 	MHOOD	 	CHARLESTON TOWN CENTER	 	2003 CHARLESTON TOWN CENTER	 	CHARLESTON	 	WV	 	 	25389	  
	 764
	 	MHOOD	 	GREENBRIAR MALL	 	1401 GREENBRIAR PKWY	 	CHESAPEAKE	 	VA	 	 	23320	  
	 765
	 	MHOOD	 	WHITE OAKS MALL	 	2501 WEST WABASH AVENUE	 	SPRINGFIELD	 	IL	 	 	62704	  
	 767
	 	MHOOD	 	TOWNE CENTER MALL	 	1200S. TOWNE CENTER	 	PROVO	 	UT	 	 	84601	  
	 770
	 	OUTLET	 	HAGERSTOWN PREMIUM OUTLET	 	320 PREMIUM OUTLETS BLVD	 	HAGERSTOWN	 	MD	 	 	21740	  
	 771
	 	OUTLET	 	GREAT LAKES CROSSING	 	4140 BALDWIN ROAD	 	AUBURN HILLS	 	MI	 	 	48326	  
	 787
	 	MHOOD	 	FOX RUN MALL	 	50 FOX RUN ROAD	 	NEWINGTON	 	NH	 	 	03801	  
	 801
	 	APIP	 	FASHION VALLEY	 	7007 FRIARS	 	SAN DIEGO	 	CA	 	 	92108	  
	 811
	 	APIP	 	HOUSTON GALLERIA	 	5085 WESTHEIMER	 	HOUSTON	 	TX	 	 	77056	  
	 830
	 	APIP	 	ARDEN FAIR MALL	 	1689 ARDEN WAY	 	SACRAMENTO	 	CA	 	 	95815	  
	 835
	 	APIP	 	NEWBURY STREET	 	10 NEWBURY STREET	 	BOSTON	 	MA	 	 	02116	  
	 841
	 	APIP	 	THE GALLERIA IN MOUNT LEBANON	 	1500 WASHINGTON RD.	 	MT. LEBANON	 	PA	 	 	15228	  
	 845
	 	APIP	 	GATEWAY	 	51 SOUTH RIO GRANDE	 	SALT LAKE CITY	 	UT	 	 	84101	  
	 850
	 	MHOOD	 	BURLINGTON MALL	 	75 MIDDLESEX TURNPIKE	 	BURLINGTON	 	MA	 	 	01803	  
	 853
	 	MHOOD	 	CAMBRIDGESIDE GALLERIA	 	100 CAMBRIDGESIDE PLACE	 	CAMBRIDGE	 	MA	 	 	02141	  
	 857
	 	MHOOD	 	NORTH POINT MARKET CNTR	 	6270 NORTH POINTE PKWY.	 	ALPHARETTA	 	GA	 	 	30022	  
	 858
	 	MHOOD	 	FAIRFIELD MALL	 	2727 FAIRFIELD COMMONS	 	BEAVER CREEK	 	OH	 	 	45431	  
	 860
	 	MHOOD	 	HILLSDALE CENTER	 	230 HILLSDALE BLVD	 	SAN MATEO	 	CA	 	 	94403	  
	 875
	 	APIP	 	TOWN CENTER @ BOCA RATON	 	6000 W GLADES ROAD	 	BOCA RATON	 	FL	 	 	33431	  
	 897
	 	APIP	 	CLAYTON LANE	 	2751 EAST 1ST AVE	 	DENVER	 	CO	 	 	80206	  
	 902
	 	APIP	 	FASHION SQUARE	 	14006 RIVERSIDE DRIVE	 	SHERMAN OAKS	 	CA	 	 	91423	  
	 906
	 	APIP	 	CORTE MEDERA VILLAGE	 	1514 REDWOOD HIGHWAY	 	CORTE MADERA	 	CA	 	 	94925	  
	 913
	 	APIP	 	MALL AT GREEN HILLS	 	2126 ABBOTT MARTIN ROAD	 	NASHVILLE	 	TN	 	 	37215	  
	 914
	 	APIP	 	UTICA SQUARE	 	1726 UTICA SQUARE	 	TULSA	 	OK	 	 	74114	  
	 921
	 	APIP	 	FASHION SHOW	 	3200 LAS VEGAS BLVD SOUTH	 	LAS VEGAS	 	NV	 	 	89109	  
	 922
	 	APIP	 	FASHION CTR AT PENTAGON	 	1100 S. HAYES	 	ARLINGTON	 	VA	 	 	22202	  
	 923
	 	APIP	 	TYSONS 11 GALLERIA	 	1760G INTERNATIONAL DRIVE	 	MCLEAN	 	VA	 	 	22102	  
	 925
	 	DESTMAT	 	MANHASSETT	 	1595 NORTHERN BLVD.	 	MANHASSET	 	NY	 	 	11030	  
	 935
	 	APIP	 	BEVERLY DRIVE	 	352 N. BEVERLY DRIVE	 	BEVERLY HILLS	 	CA	 	 	90210	  
	 936
	 	APIP	 	SOUTH COAST PLAZA	 	3333 BEAR STREET	 	COSTA MESA	 	CA	 	 	92626	  
	 938
	 	APIP	 	PHIPPS PLAZA	 	3500 PEACHTREE ROAD NORTH #1080 B	 	ATLANTA	 	GA	 	 	30326	  
	 943
	 	APIP	 	345 SUTTER STREET	 	345 SUTTER STREET	 	SAN FRANCISCO	 	CA	 	 	94108	  
	 946
	 	APIP	 	RICE UNIVERSITY VILLAGE	 	2367 RICE BLVD.	 	HOUSTON	 	TX	 	 	77005	  
	 948
	 	APIP	 	REGALIA CENTER	 	6130 POPLAR AVENUE	 	MEMPHIS	 	TN	 	 	38119	  
	 950
	 	APIP	 	KING OF PRUSSIA PLAZA	 	160 N. GULPH RD.	 	KING OF PRUSSIA	 	PA	 	 	19406	  
	 969
	 	MHOOD	 	CARY TOWNE CENTER	 	1105 WALNUT ST	 	CARY	 	NC	 	 	27511	  
	 973
	 	APIP	 	PENN SQUARE	 	1901 NORTHWEST EXPRESSWAY	 	OKLAHOMA CITY	 	OK	 	 	73118	  
	 977
	 	MHOOD	 	COOL SPRINGS GALLERIA	 	1800 GALLERIA BLVD	 	FRANKLIN	 	TN	 	 	37067	  
	 978
	 	MHOOD	 	ABERCORN COMMON	 	8108 ABERCORN STREET	 	SAVANNAH	 	GA	 	 	31406	  
	 979
	 	MHOOD	 	MERIDEN SQUARE	 	470 LEWIS AVENUE	 	MERIDEN	 	CT	 	 	06451	  
	 980
	 	MHOOD	 	ANTELOPE VALLEY MALL	 	1233 WEST AVENUE P	 	PALMDALE	 	CA	 	 	93551	  
	 982
	 	MHOOD	 	PINNACLE HILLS PROMENADE	 	2203 PROMENADE BLVD.	 	ROGERS	 	AR	 	 	72758	  
	 983
	 	MHOOD	 	BATTLEFIELD MALL	 	2825 S. GLENSTONE	 	SPRINGFIELD	 	MO	 	 	65804	  
	 984
	 	MHOOD	 	CASCADE STATION	 	9945 NE CASCADES PARKWAY	 	PORTLAND	 	OR	 	 	97220	  
	 985
	 	MHOOD	 	PIERRE BOSSIER MALL	 	2950 EAST TEXAS STREET	 	BOSSIER CITY	 	LA	 	 	71111	  
	 989
	 	MHOOD	 	LA PALMERA MALL	 	5488 S PADRE ISLAND DR	 	CORPUS CHRISTI	 	TX	 	 	78411	  
	 1100
	 	APIP	 	COLUMBIA MALL	 	10300 LITTLE PATUXENT PWKY	 	COLUMBIA	 	MD	 	 	21044	  

  
 3 of 9

 Schedule 5.08(b)(2) 

Leased Stores 
  

 as of 10/17/12 

 

															
	 STORE
	 	CHAIN	 	
NAME OF MALL / SHOPPING CENTER
	 	 STREET ADDRESS
	 	 CITY
	 	STATE	 	ZIP	 
	 1105
	 	DESTMAT	 	EASTWOOD TOWN CENTER	 	3008 TOWN CENTER BLVD	 	LANSING	 	MI	 	 	48912	  
	 1108
	 	APIP	 	STREETS OF TANASBOURNE	 	2135 NW ALLIE AVENUE	 	HILLSBORO	 	OR	 	 	97124	  
	 1111
	 	DESTMAT	 	GENEVA COMMONS	 	1440 COMMONS DRIVE	 	GENEVA	 	IL	 	 	60134	  
	 1113
	 	DESTMAT	 	PALISADES MALL	 	3795 PALISADES CENTER DRIVE	 	WEST NYACK	 	NY	 	 	10994	  
	 1120
	 	APIP	 	BARTON CREEK SQUARE	 	2901 CAPITAL OF TEXAS HWY	 	AUSTIN	 	TX	 	 	78746	  
	 1131
	 	APIP	 	THE AVENUE EAST COBB	 	4475 ROSWELL ROAD	 	MARIETTA	 	GA	 	 	30062	  
	 1135
	 	DESTMAT	 	FASHION MALL AT KEYSTONE	 	8702 KEYSTONE CROSSING	 	INDIANAPOLIS	 	IN	 	 	46240	  
	 1136
	 	DESTMAT	 	TOWSON TOWN CENTER	 	825 DULANEY VALLEY ROAD	 	BALTIMORE	 	MD	 	 	21204	  
	 1137
	 	DESTMAT	 	BRIDGEWATER COMMONS	 	400 COMMONS WAY	 	BRIDGEWATER	 	NJ	 	 	08807	  
	 1139
	 	DESTMAT	 	THE GARDENS	 	3101 PGA BLVD	 	PALM BEACH	 	FL	 	 	33410	  
	 1140
	 	DESTMAT	 	GLENDALE GALLERIA	 	2189 GLENDALE GALLERIA	 	GLENDALE	 	CA	 	 	91210	  
	 1141
	 	DESTMAT	 	DANBURY SQUARE	 	15 BACKUS AVENUE	 	DANBURY	 	CT	 	 	06810	  
	 1142
	 	DESTMAT	 	NORTHEAST MALL	 	1101 MELBOURNE ROAD	 	HURST	 	TX	 	 	76053	  
	 1143
	 	DESTMAT	 	BRIARWOOD MALL	 	348 BRIARWOOD CIRCLE	 	ANN ARBOR	 	MI	 	 	48108	  
	 1144
	 	DESTMAT	 	1615 WALNUT STREET	 	1615 WALNUT STREET	 	PHILADELPHIA	 	PA	 	 	19102	  
	 1145
	 	DESTMAT	 	PERIMETER MALL	 	4400 ASHFORD-DUNWOODY RD	 	ATLANTA	 	GA	 	 	30346	  
	 1146
	 	DESTMAT	 	NORTHSHORE MALL	 	210 ANDOVER STREET	 	PEABODY	 	MA	 	 	01960	  
	 1147
	 	DESTMAT	 	BEACHWOOD PLACE	 	26300 CEDAR ROAD	 	CLEVELAND	 	OH	 	 	44122	  
	 1148
	 	DESTMAT	 	CHRISTIANA MALL	 	535 CHRISTIANA MALL	 	NEWARK	 	DE	 	 	19702	  
	 1149
	 	DESTMAT	 	HAYWOOD MALL	 	700 HAYWOOD ROAD	 	GREENVILLE	 	SC	 	 	29607	  
	 1150
	 	DESTMAT	 	SOUTHSHORE MALL	 	250 GRANITE STREET	 	BRAINTREE	 	MA	 	 	02184	  
	 1152
	 	DESTMAT	 	KENWOOD TOWNE CENTRE	 	7875 MONTGOMERY ROAD	 	CINCINNATI	 	OH	 	 	45236	  
	 1159
	 	DESTMAT	 	SOMERSET COLLECTION	 	2800 W BIG BEAVER ROAD	 	TROY	 	MI	 	 	48084	  
	 1160
	 	DESTMAT	 	259 WALT WHITMAN RD	 	259 WALT WHITMAN ROAD	 	HUNTINGTON STATION	 	NY	 	 	11746	  
	 1161
	 	DESTMAT	 	BIRCH STREET PROMENADE	 	215 S. BREA BLVD.	 	BREA	 	CA	 	 	92821	  
	 1162
	 	DESTMAT	 	8TH AND BELLEVUE	 	10300 A N.E. 8TH STREET	 	BELLEVUE	 	WA	 	 	98004	  
	 1163
	 	DESTMAT	 	WEST COUNTY MALL	 	70 WEST COUNTY CENTER	 	ST. LOUIS	 	MO	 	 	63131	  
	 1164
	 	DESTMAT	 	5539 LBJ FREEWAY	 	5539 LBJ FREEWAY	 	DALLAS	 	TX	 	 	75240	  
	 1166
	 	APIP	 	LINCOLN PARK	 	7700 W NORTHWEST HWY	 	DALLAS	 	TX	 	 	75225	  
	 1168
	 	DESTMAT	 	THE SOURCE AT WHITE PLAINS	 	5 MAPLE AVENUE	 	WHITE PLAINS	 	NY	 	 	10605	  
	 1169
	 	DESTMAT	 	DADELAND MALL	 	7247 DADELAND MALL	 	MIAMI	 	FL	 	 	33156	  
	 1170
	 	DESTMAT	 	EVERGREEN WALK	 	510 EVERGREEN WAY	 	SOUTH WINDSOR	 	CT	 	 	06074	  
	 1171
	 	DESTMAT	 	THE COLONNADE	 	9802 COLONNADE BLVD	 	SAN ANTONIO	 	TX	 	 	78230	  
	 1172
	 	DESTMAT	 	ROUTE 9	 	104 WORCESTER ROAD	 	NATICK	 	MA	 	 	01760	  
	 1173
	 	DESTMAT	 	SHARON CORNERS	 	4716 SHARON ROAD	 	CHARLOTTE	 	NC	 	 	28210	  
	 1182
	 	DESTMAT	 	FOUNTAIN SQUARE	 	16010 W BLUEMOUND ROAD	 	BROOKFIELD	 	WI	 	 	53005	  
	 1183
	 	DESTMAT	 	FRANKLIN PARK	 	5001 MONROE STREET	 	TOLEDO	 	OH	 	 	43623	  
	 1184
	 	DESTMAT	 	ACADIANA MALL	 	5727 JOHNSON STREET	 	LAFAYETTE	 	LA	 	 	70503	  
	 1189
	 	DESTMAT	 	OLD ORCHARD	 	4999 OLD ORCHARD CENTER	 	SKOKIE	 	IL	 	 	60077	  
	 1190
	 	DESTMAT	 	LA PLAZA MALL	 	2200 S 10TH STREET	 	MCALLEN	 	TX	 	 	78503	  
	 1192
	 	DESTMAT	 	306 THE SHOPS AT MISSION VIEJO	 	306 THE SHOPS AT VIEJO	 	MISSION VIEJO	 	CA	 	 	92691	  
	 1195
	 	DESTMAT	 	575 MADISON AVENUE	 	28 EAST 57TH STREET	 	NEW YORK	 	NY	 	 	10022	  
	 1197
	 	DESTMAT	 	35 PLAZA	 	65 EAST RT 4 WEST	 	PARAMUS	 	NJ	 	 	07652	  
	 1198
	 	DESTMAT	 	SHOPS AT RIVERPARK	 	40 E VIA DEL ORO	 	FRESNO	 	CA	 	 	93720	  
	 1233
	 	APIP	 	FLATIRON CROSSING	 	ONE WEST FLATIRON CRSSING DR	 	BROOMFIELD	 	CO	 	 	80021	  
	 1278
	 	APIP	 	MERRICK PARK	 	350 AVE SAN LORENZO	 	CORAL GABLES	 	FL	 	 	33146	  
	 1280
	 	DESTMAT	 	PASEO COLORADO	 	380 E COLORADO BLVD	 	PASADENA	 	CA	 	 	91101	  
	 1286
	 	APIP	 	VALLEY FAIR	 	2855 STEVENS CREEK BLVD	 	SANTA CLARA	 	CA	 	 	95050	  
	 1297
	 	APIP	 	BAY STREET EMERYVILLE	 	5683 BAY STREET	 	EMERYVILLE	 	CA	 	 	94608	  
	 1300
	 	MHOOD	 	PROMENADE IN TEMECULA	 	40770 WINCHESTER RD	 	TEMECULA	 	CA	 	 	92591	  
	 1303
	 	MHOOD	 	LOGAN VALLEY MALL	 	5580 GOODS LANE	 	ALTOONA	 	PA	 	 	16602	  
	 1306
	 	MHOOD	 	TURTLE CREEK MALL	 	1000 TURTLE CREEK DRIVE	 	HATTIESBURG	 	MS	 	 	39402	  
	 1313
	 	MHOOD	 	CHAPEL HILLS MALL	 	1710 BRIARGATE BLVD	 	COLORADO SPRINGS	 	CO	 	 	80920	  
	 1316
	 	MHOOD	 	WESTGATE MALL	 	7701 W. I-40	 	AMARILLO	 	TX	 	 	79121	  
	 1317
	 	MHOOD	 	DULLES TOWN CENTER	 	21100 DULLES TOWN CENTER	 	DULLES	 	VA	 	 	20166	  
	 1324
	 	MHOOD	 	WEBERSTON MALL	 	4950 PACIFIC MALL	 	STOCKTON	 	CA	 	 	95207	  
	 1325
	 	MHOOD	 	FRONTIER MALL	 	1400 DEL RANGE BLVD	 	CHEYENNE	 	WY	 	 	82009	  
	 1326
	 	MHOOD	 	KIRKWOOD MALL	 	705 KIRKWOOD MALL	 	BISMARCK	 	ND	 	 	58504	  
	 1327
	 	MHOOD	 	SOUTHPARK MALL	 	500 SOUTHPARK CENTER	 	STRONGSVILLE	 	OH	 	 	44136	  
	 1335
	 	OUTLET	 	THE MAINE OUTLET	 	US RTE 1 & EXIT 3A	 	KITTERY	 	ME	 	 	03904	  
	 1336
	 	MHOOD	 	LAYTON HILLS MALL	 	2043 LAYTON HILLS MALL	 	LAYTON	 	UT	 	 	84041	  
	 1337
	 	MHOOD	 	NESHAMINY MALL	 	718 NESHAMINY MALL	 	BENSALEM	 	PA	 	 	19020	  
	 1339
	 	MHOOD	 	ANCHORAGE 5TH AVE.	 	320 WEST 5TH AVENUE	 	ANCHORAGE	 	AK	 	 	99501	  
	 1340
	 	MHOOD	 	RIVERCHASE GALLERIA	 	2000-297 RIVERCHASE GALLE	 	BIRMINGHAM	 	AL	 	 	35244	  
	 1344
	 	MHOOD	 	ARBOR PLACE	 	1510 ARBOR PLACE MALL	 	DOUGLASVILLE	 	GA	 	 	30135	  
	 1345
	 	MHOOD	 	LAKELINE MALL	 	11200 LAKELINE MALL DR	 	CEDAR PARK	 	TX	 	 	78613	  
	 1348
	 	MHOOD	 	FLORENCE MALL	 	2026 FLORENCE MALL	 	FLORENCE	 	KY	 	 	41042	  
	 1350
	 	MHOOD	 	VALLEY PLAZA SHOPPING CENTER	 	2701 MING AVENUE	 	BAKERSFIELD	 	CA	 	 	93304	  
	 1352
	 	MHOOD	 	PLYMOUTH MEETING MALL	 	1145 PLYMOUTH MEETING MALL	 	PLYMOUTH MEETING	 	PA	 	 	19462	  
	 1354
	 	MHOOD	 	RIVER TOWN CROSSING	 	3700 RIVERTOWN PARKWAY	 	GRANDVILLE	 	MI	 	 	49418	  
	 1356
	 	MHOOD	 	PARKDALE MALL	 	6155 EASTEX FRWY. #A-118	 	BEAUMONT	 	TX	 	 	77706	  
	 1357
	 	MHOOD	 	PENN SQUARE MALL	 	1901 MW EXPRESSWAY	 	OKLAHOMA CITY	 	OK	 	 	73118	  
	 1358
	 	MHOOD	 	SOUTHLAKE MALL	 	1941 SOUTHLAKE MALL	 	MERILVILLE	 	IN	 	 	46410	  

  
 4 of 9

 Schedule 5.08(b)(2) 

Leased Stores 
  

 as of 10/17/12 

 

															
	 STORE
	 	CHAIN	 	
NAME OF MALL / SHOPPING CENTER
	 	 STREET ADDRESS
	 	 CITY
	 	STATE	 	ZIP	 
	 1359
	 	MHOOD	 	DAYTON MALL	 	2700 MIAMISBURG-CNTRVILLE	 	DAYTON	 	OH	 	 	45459	  
	 1361
	 	MHOOD	 	SOUTH COUNTY CNTR	 	309 SOUTH COUNTY WAY	 	ST. LOUIS	 	MO	 	 	63129	  
	 1362
	 	MHOOD	 	SOUTHERN PARK MALL	 	7401 MARKET STREET	 	YOUNGSTOWN	 	OH	 	 	44512	  
	 1363
	 	MHOOD	 	BRADLEY PARK CROSSING	 	1591 BRADLEY PARK DR	 	COLUMBUS	 	GA	 	 	31904	  
	 1365
	 	MHOOD	 	WATERFORD LAKES TOWN CTR	 	385 N. ALAFAYA TRAIL	 	ORLANDO	 	FL	 	 	32828	  
	 1370
	 	MHOOD	 	GROSSMONT SHOPPING CNTR	 	5500 GROSSMONT DRIVE	 	LA MESA	 	CA	 	 	91942	  
	 1371
	 	MHOOD	 	HARDEN RANCH PLAZA	 	1620 NORTH MAIN ST	 	SALINAS	 	CA	 	 	93906	  
	 1373
	 	MHOOD	 	MALL OF GEORGIA CROSSING	 	3385 WOODWARD CROSSING BLVD 370	 	BUFORD	 	GA	 	 	30519	  
	 1374
	 	MHOOD	 	CHINO SPECTRUM MARKET PLC	 	3926 GRAND AVE.	 	CHINO	 	CA	 	 	91710	  
	 1384
	 	MHOOD	 	MALL DEL NORTE	 	5300 N. SAN DARIO	 	LAREDO	 	TX	 	 	78041	  
	 1390
	 	MHOOD	 	INGRAM PARK MALL	 	6301 NW LOOP 410	 	SAN ANTONIO	 	TX	 	 	78238	  
	 1393
	 	MHOOD	 	HOLYOKE MALL	 	50 HOLYOKE STREET	 	HOLYOKE	 	MA	 	 	01040	  
	 1394
	 	MHOOD	 	POUGHKEEPSIE GALLERIA	 	790 SOUTH ROAD	 	POUGHKEEPSIE	 	NY	 	 	12601	  
	 1397
	 	MHOOD	 	SPOKANE VALLEY MALL	 	14700 EAST INDIANA AVE	 	SPOKANE VALLEY	 	WA	 	 	99216	  
	 1603
	 	OUTLET	 	JERSEY GARDENS MALL	 	651 KAPKOWSKI RD.	 	ELIZABETH	 	NJ	 	 	07201	  
	 1605
	 	OUTLET	 	CONCORD MILLS	 	8111 CONCORD MILLS BLVD	 	CONCORD	 	NC	 	 	28027	  
	 1606
	 	OUTLET	 	KATY MILLS	 	5000 KATY MILLS CIRCLE	 	KATY	 	TX	 	 	77494	  
	 1608
	 	OUTLET	 	ARIZONA MILLS CIRCLE	 	5000 ARIZONA MILLS CIRCLE	 	TEMPE	 	AZ	 	 	85282	  
	 1609
	 	OUTLET	 	DOLPHIN MALL	 	11401 NW 12TH STREET	 	MIAMI	 	FL	 	 	33172	  
	 1610
	 	OUTLET	 	REHOBOTH OUTLET 3	 	36461 SEASIDE OUTLET DRIVE	 	REHOBOTH BEACH	 	DE	 	 	19971	  
	 1614
	 	OUTLET	 	GULFPORT PRIME OUTLETS	 	10835 FACTORY SHOPS BLVD	 	GULFPORT	 	MS	 	 	39503	  
	 1615
	 	OUTLET	 	WOODBURN FACTORY STORES	 	1001 ARNEY ROAD	 	WOODBURN	 	OR	 	 	97071	  
	 1616
	 	OUTLET	 	ORLANDO PREMIUM OUTLET	 	8166 VINELAND AVENUE	 	ORLANDO	 	FL	 	 	32821	  
	 1618
	 	OUTLET	 	SEVIERVILLE TANGER FACTORY OUTLET	 	1645 PARKWAY	 	SEVIERVILLE	 	TN	 	 	37862	  
	 1619
	 	OUTLET	 	ARUNDEL MILLS MALL	 	7000 ARUNDEL MILLS CIRCLE	 	HANOVER	 	MD	 	 	21076	  
	 1621
	 	OUTLET	 	PREIUM OUTLET SOUTH	 	7400 LAS VEGAS BLVD	 	LAS VEGAS	 	NV	 	 	89123	  
	 1624
	 	OUTLET	 	WILLIAMSBURG PRIME OUTLETS	 	5709-62 RICHMOND RD	 	WILLIAMSBURG	 	VA	 	 	23188	  
	 1625
	 	OUTLET	 	OSHKOSH PRIME OUTLETS	 	3001 S WASHBURN STREET	 	OSHKOSH	 	WI	 	 	54904	  
	 1626
	 	OUTLET	 	OUTLETS AT ALBERTVILLE	 	6415 LABEAUX AVE NE	 	ALBERTVILLE	 	MN	 	 	55301	  
	 1627
	 	OUTLET	 	WATERLOO PREMIUM OUTLETS	 	655 ROUTE 318	 	WATERLOO	 	NY	 	 	13165	  
	 1629
	 	OUTLET	 	INTERNATIONAL GATEWAY	 	4201 CAMINO DELA PLAZA	 	SAN DIEGO	 	CA	 	 	92173	  
	 1630
	 	OUTLET	 	LEESBURG CORNER PREM OTLT	 	241 FORT EVAN ROAD NE	 	LEESBURG	 	VA	 	 	20176	  
	 1631
	 	OUTLET	 	DISCOVER MILLS	 	5900 SUGARLOAF PARKWAY	 	LAWRENCEVILLE	 	GA	 	 	30043	  
	 1632
	 	OUTLET	 	CAROLINA PREMIUM OUTLETS	 	1025 INDUSTRIAL PARK DR	 	SMITHFIELD	 	NC	 	 	27577	  
	 1633
	 	OUTLET	 	WAIKELE PREMIUM OUTLETS	 	94792 LUMIANINA STREET	 	WAIPAHU	 	HI	 	 	96797	  
	 1634
	 	OUTLET	 	FACTORY STRS @ PARK CITY	 	6699 NORTH LANDMARK DR	 	PARK CITY	 	UT	 	 	84098	  
	 1635
	 	OUTLET	 	CROSSING PREMIUM OUTLETS	 	1000 PREMIUM OUTLETS DR.	 	TANNERSVILLE	 	PA	 	 	18372	  
	 1636
	 	OUTLET	 	KENSINGTON VALLEY FACTORY	 	1475 N BURKHART ROAD	 	HOWELL	 	MI	 	 	48843	  
	 1637
	 	OUTLET	 	MYRTLE BEACH TANGER	 	10839 KINGS ROAD	 	MYRTLE BEACH	 	SC	 	 	29572	  
	 1640
	 	OUTLET	 	COLORADO MILLS	 	14500 W COLFAX AVE	 	LAKEWOOD	 	CO	 	 	80401	  
	 1642
	 	OUTLET	 	JOHNSON CREEK OUTLET CTR	 	622 W.LINMAR LANE	 	JOHNSON CREEK	 	WI	 	 	53038	  
	 1647
	 	OUTLET	 	LAS VEGAS PREIUM OUTLETS NORTH	 	855 S GRAND CENTRAL PKWY	 	LAS VEGAS	 	NV	 	 	89106	  
	 1648
	 	OUTLET	 	CHICAGO PREMIUM OUTLETS	 	1650 PREMIUM OUTLETS BLVD	 	AURORA	 	IL	 	 	60504	  
	 1649
	 	OUTLET	 	FACTORY STRS AT NORTH BEND	 	561A1 SOUTH FORK AVENUE SOUTH	 	SEATTLE	 	WA	 	 	98188	  
	 1651
	 	OUTLET	 	COLUMBIA GORGE PREM OUTLETS	 	450 NW 257TH AVE	 	TROUTDALE	 	OR	 	 	97060	  
	 1652
	 	OUTLET	 	FOLSOM PREMIUM OUTLETS	 	13000 FOLSOM BLVD	 	FOLSOM	 	CA	 	 	95630	  
	 1654
	 	OUTLET	 	ST. LOUIS MILLS	 	5555 ST. LOUIS MILLS BLVD	 	HAZELWOOD	 	MO	 	 	63042	  
	 1655
	 	OUTLET	 	PRIME LODI OUTLETS	 	9909 AVON LAKE ROAD	 	BURBANK	 	OH	 	 	44214	  
	 1656
	 	OUTLET	 	HILTON HEAD VILLAGE	 	1460 FORDING ISLAND ROAD	 	BLUFFTON	 	SC	 	 	29910	  
	 1658
	 	OUTLET	 	PRIME OUTLETS HUNTLEY	 	11800 FACTORY SHOPS BLVD	 	HUNTLEY	 	IL	 	 	60142	  
	 1662
	 	OUTLET	 	LEGENDS AT VILLAGE WEST	 	1829 VILLAGE WEST PARKWAY	 	KANSAS CITY	 	KS	 	 	66111	  
	 1668
	 	OUTLET	 	NORTH HILLS VILLAGE	 	4801 MCKNIGHT ROAD	 	PITTSBURGH	 	PA	 	 	15237	  
	 1670
	 	OUTLET	 	OUTLETS AT HERSHEY	 	149 OUTLET SQUARE	 	HERSHEY	 	PA	 	 	17033	  
	 1671
	 	OUTLET	 	JERSEY SHORE PREMIUM OUTLET	 	ONE PREMIUM OUTLET BLVD	 	TINTON FALLS	 	NJ	 	 	07753	  
	 1672
	 	OUTLET	 	OPRY MILLS	 	433 OPRY MILLS DRIVE	 	NASHVILLE	 	TN	 	 	37214	  
	 1673
	 	OUTLET	 	SHOPS AT GRAND RIVER	 	6200 GRANDWAY BLVD	 	LEEDS	 	AL	 	 	35094	  
	 1702
	 	MHOOD	 	LEHIGH VALLEY MALL	 	203 LEHIGH VALLEY MALL	 	WHITEHALL	 	PA	 	 	18052	  
	 1708
	 	MHOOD	 	RICHLAND MALL	 	6001 WEST WACO DRIVE	 	WACO	 	TX	 	 	76710	  
	 1710
	 	MHOOD	 	STONEBRIAR CENTRE	 	2601 PRESTON ROAD	 	FRISCO	 	TX	 	 	75034	  
	 1711
	 	MHOOD	 	CORAL RIDGE MALL	 	3200 N. FEDERAL HIGHWAY	 	FT. LAUDERDALE	 	FL	 	 	33306	  
	 1712
	 	MHOOD	 	SOUTHLAKE TOWN SQUARE	 	1228 PROSPECT STREET	 	SOUTHLAKE	 	TX	 	 	76092	  
	 1713
	 	MHOOD	 	CAPITAL CITY MALL	 	3523 CAPITAL CITY MALL DRIVE	 	CAMP HILL	 	PA	 	 	17011	  
	 1717
	 	APIP	 	TOWNE CENTRE MARKET PLACE	 	1620 PALMETTO GRANDE	 	MT. PLEASANT	 	SC	 	 	29464	  
	 1718
	 	MHOOD	 	ASHEVILLE MALL	 	3 SOUTH TUNNEL ROAD	 	ASHEVILLE	 	NC	 	 	28805	  
	 1722
	 	MHOOD	 	TREASURE COAST SQUARE	 	3054 NW FEDERAL HIGHWAY	 	JENSEN BEACH	 	FL	 	 	34957	  
	 1723
	 	MHOOD	 	APACHE MALL	 	333 APACHE MALL	 	ROCHESTER	 	MN	 	 	55902	  
	 1725
	 	MHOOD	 	FORUM AT OLYMPIA PKWY	 	8222 AGORA PARKWAY	 	LIVE OAK	 	TX	 	 	78233	  
	 1727
	 	MHOOD	 	MAGNOLIA MALL	 	2701 DAVID MCLEOD BLVD	 	FLORENCE	 	SC	 	 	29501	  
	 1728
	 	MHOOD	 	NEW HAMPSHIRE MALL	 	1500 S. WILLOW ST	 	MANCHESTER	 	NH	 	 	03103	  
	 1729
	 	MHOOD	 	YORK GALLERIA	 	2899 WHITEFORD ROAD	 	YORK	 	PA	 	 	17402	  
	 1732
	 	MHOOD	 	SHOPPES AT COLLEGE HILLS	 	305 S VETERANS PKWY	 	NORMAL	 	IL	 	 	61761	  
	 1733
	 	MHOOD	 	KENTUCKY OAKS MALL	 	5101 HINKLEVILLE RD.	 	PADUCAH	 	KY	 	 	42001	  
	 1735
	 	MHOOD	 	SPOTSYLVANIA MALL	 	355 SPOTSYLVANIA MALL	 	FREDRICKSBURG	 	VA	 	 	22407	  

  
 5 of 9

 Schedule 5.08(b)(2) 

Leased Stores 
  

 as of 10/17/12 

 

															
	 STORE
	 	CHAIN	 	
NAME OF MALL / SHOPPING CENTER
	 	 STREET ADDRESS
	 	 CITY
	 	STATE	 	ZIP	 
	 1736
	 	MHOOD	 	SUNRISE MALL	 	2370 N. EXPRESSWAY	 	BROWNSVILLE	 	TX	 	 	78521	  
	 1739
	 	MHOOD	 	PLAINFIELD COMMONS	 	2685 E. MAIN STREET	 	PLAINFIELD	 	IN	 	 	46168	  
	 1740
	 	MHOOD	 	WOODLAND MALL	 	3175 28TH STREET	 	GRAND RAPIDS	 	MI	 	 	49508	  
	 1741
	 	MHOOD	 	RIDGMAR	 	1866 GREEN OAKS ROAD	 	FORT WORTH	 	TX	 	 	76116	  
	 1744
	 	MHOOD	 	PREMIER CENTRE, PHASE #2	 	3414 HIGHWAY 190	 	MANDEVILLE	 	LA	 	 	70471	  
	 1746
	 	MHOOD	 	EXTON SQUARE MALL	 	164 EXTON SQUARE PKWY	 	EXTON	 	PA	 	 	19341	  
	 1747
	 	MHOOD	 	KILLEEN MALL	 	2100 SOUTH WS YOUNG DR	 	KILLEEN	 	TX	 	 	76543	  
	 1748
	 	MHOOD	 	MILFORD MARKETPLACE	 	1642 BOSTON POST ROAD	 	MILFORD	 	CT	 	 	06460	  
	 1749
	 	MHOOD	 	COLUMBIANA CENTRE	 	100 COLUMBIANA CIRCLE	 	COLUMBIA	 	SC	 	 	29212	  
	 1750
	 	MHOOD	 	MADISON SQUARE	 	5901 UNIVERSITY DRIVE	 	HUNTSVILLE	 	AL	 	 	35806	  
	 1753
	 	MHOOD	 	THE OAKS MALL	 	6279 NEWBERRY ROAD	 	GAINESVILLE	 	FL	 	 	32605	  
	 1756
	 	MHOOD	 	WELLINGTON GREEN COMMONS	 	2605 STATE ROAD 7	 	WELLINGTON	 	FL	 	 	33414	  
	 1760
	 	MHOOD	 	COLUMBIA MALL	 	2300 BERNADETTE DRIVE	 	COLUMBIA	 	MO	 	 	65203	  
	 1761
	 	MHOOD	 	OAKDALE MALL	 	233 REYNOLDS ROAD	 	JOHNSON CITY	 	NY	 	 	13790	  
	 1763
	 	MHOOD	 	EVANSVILLE PAVILION	 	6401 E LLOYD EXPRESSWAY	 	EVANSVILLE	 	IN	 	 	47715	  
	 1764
	 	MHOOD	 	SOUTHLAND SHOPPING CTR	 	23000 EUREKA ROAD	 	TAYLOR	 	MI	 	 	48180	  
	 1766
	 	MHOOD	 	BELLIS FAIR	 	ONE BELLIS PARKWAY	 	BELLINGHAM	 	WA	 	 	98226	  
	 1767
	 	MHOOD	 	GATEWAY MALL	 	6100 EAST O STREET	 	LINCOLN	 	NE	 	 	68505	  
	 1768
	 	MHOOD	 	UNIVERSITY PARK MALL	 	6501 N. GRAPE ROAD	 	MISHAWAKA	 	IN	 	 	46545	  
	 1771
	 	MHOOD	 	ROOKWOOD COMMONS	 	2745 EDMONDSON ROAD	 	CINCINNATI	 	OH	 	 	45209	  
	 1775
	 	MHOOD	 	ASHMENT SHOPPING CENTER	 	2387 E. 17TH STREET	 	IDAHO FALLS	 	ID	 	 	83402	  
	 1776
	 	MHOOD	 	MALL OF ABILENE	 	4310 BUFFALO GAP ROAD	 	ABILENE	 	TX	 	 	79606	  
	 1777
	 	MHOOD	 	THE MALL AT ROBINSON	 	1310 ROBINSON CENTER DR	 	PITTSBURGH	 	PA	 	 	15205	  
	 1778
	 	MHOOD	 	SHOPPES AT MONTAGE	 	2101 SHOPPES BLVD.	 	MOOSIC	 	PA	 	 	18507	  
	 1781
	 	MHOOD	 	THE EMPIRE	 	4001 WEST 41ST STREET	 	SIOUX FALLS	 	SD	 	 	57106	  
	 1782
	 	MHOOD	 	LAKE CHARLES CENTER	 	3515 DEREK DRIVE	 	LAKE CHARLES	 	LA	 	 	70607	  
	 1786
	 	MHOOD	 	CROSS CREEK MALL	 	419 CROSS CREEK MALL	 	FAYETTEVILLE	 	NC	 	 	28303	  
	 1793
	 	MHOOD	 	COOPERWOOD MALL	 	15757 FM 529	 	HOUSTON	 	TX	 	 	77095	  
	 1794
	 	MHOOD	 	CHAPEL HILL	 	2000 BRITTIAN ROAD	 	AKRON	 	OH	 	 	44310	  
	 1799
	 	MHOOD	 	JEFFERSON POINTE	 	4210 WEST JEFFERSON BLVD	 	FORT WAYNE	 	IN	 	 	46804	  
	 1800
	 	MHOOD	 	TAMARAK VILLAGE	 	8390 TAMARAK VILLAGE	 	WOODBURY	 	MN	 	 	55125	  
	 1804
	 	MHOOD	 	CHANDLER FASHION CENTER	 	3111 WEST CHANDLER BLVD	 	CHANDLER	 	AZ	 	 	85226	  
	 1808
	 	MHOOD	 	THE LAKES MALL	 	5600 HARVEY MALL	 	MUSKEGON	 	MI	 	 	49444	  
	 1809
	 	MHOOD	 	LAKEWOOD CENTER MALL	 	88 LAKEWOOD CENTER	 	LAKEWOOD	 	CA	 	 	90712	  
	 1811
	 	MHOOD	 	WESTMORELAND MALL	 	239 WESTMORELAND, RTE 30E	 	GREENSBURG	 	PA	 	 	15601	  
	 1813
	 	MHOOD	 	BIRCHWOOD MALL	 	4350 24TH AVENUE	 	FORT GRATIOT	 	MI	 	 	48059	  
	 1814
	 	MHOOD	 	BOCA PARK	 	8800 WEST CHARLESTON	 	LAS VEGAS	 	NV	 	 	89117	  
	 1817
	 	MHOOD	 	GENESSEE VALLEY MALL	 	3215 SOUTH LINDEN RD	 	FLINT	 	MI	 	 	48507	  
	 1819
	 	MHOOD	 	SHOPPES AT GRAND PRAIRIE	 	5201 W MEMORIAL DRIVE	 	PEORIA	 	IL	 	 	61615	  
	 1820
	 	MHOOD	 	BRANDON TOWN CENTER	 	SR 60 & I-75	 	BRANDON	 	FL	 	 	33511	  
	 1821
	 	MHOOD	 	CITRUS PARK TOWN CENTER	 	7985 CITRUS PARK DRIVE	 	TAMPA	 	FL	 	 	33625	  
	 1822
	 	MHOOD	 	BANGOR MALL	 	663 STILLWATER AVE	 	BANGOR	 	ME	 	 	04401	  
	 1825
	 	MHOOD	 	UNIVERSITY MALL	 	155 DORSET STREET	 	SOUTH BURLINGTON	 	VT	 	 	05403	  
	 1826
	 	MHOOD	 	TRIANGLE TOWN CENTER	 	5959 TRIANGLE TOWN CENTER	 	RALEIGH	 	NC	 	 	27616	  
	 1828
	 	MHOOD	 	GALLERY AT CRYSTAL RUN	 	1 GALLERIA DRIVE	 	MIDDLETOWN	 	NY	 	 	10941	  
	 1829
	 	MHOOD	 	EAST TOWNE MALL	 	89 EAST TOWN MALL	 	MADISON	 	WI	 	 	53704	  
	 1831
	 	MHOOD	 	COLONY PLACE	 	125B COLONY PLACE	 	PLYMOUTH	 	MA	 	 	02360	  
	 1839
	 	MHOOD	 	HENRY TOWNE CENTER	 	1804 JONEBORO ROAD	 	MCDONOUGH	 	GA	 	 	30253	  
	 1840
	 	MHOOD	 	TIPPECANOE	 	2415 SAGAMORE PRKY SOUTH	 	LAFAYETTE	 	IN	 	 	47905	  
	 1843
	 	MHOOD	 	VILLAGE PARK PLAZA	 	2007-3 E GREYHOUND PASS	 	CARMEL	 	IN	 	 	46032	  
	 1847
	 	MHOOD	 	COASTLAND	 	1836 TAMIAMI TRAIL NORTH	 	NAPLES	 	FL	 	 	34102	  
	 1848
	 	MHOOD	 	SHOPPES AT EAST CHASE	 	7052 EAST CHASE PKWY	 	MONTGOMERY	 	AL	 	 	36117	  
	 1851
	 	MHOOD	 	LAKELAND SQUARE	 	3800 US HWY 98 N	 	LAKELAND	 	FL	 	 	33809	  
	 1852
	 	MHOOD	 	PALM DESERT, WESTFIELD SHP TWN	 	72840 HIGHWAY 111	 	PALM DESERT	 	CA	 	 	92260	  
	 1853
	 	MHOOD	 	VALLEY VIEW	 	4802 VALLEY VIEW BLVD	 	ROANOKE	 	VA	 	 	24012	  
	 1856
	 	MHOOD	 	NORTH RIVERSIDE PARK	 	7501 CERMAK ROAD	 	NORTH RIVERSIDE	 	IL	 	 	60546	  
	 1857
	 	MHOOD	 	NORTHWOODS	 	2150 NORTHWOODS BLVD	 	N CHARLESTON	 	SC	 	 	29406	  
	 1859
	 	MHOOD	 	MILLCREEK MALL	 	624 MILLCREEK MALL	 	ERIE	 	PA	 	 	16565	  
	 1860
	 	MHOOD	 	INDEPENDENCE CENTER	 	2088 INDEPENDENCE CTR DR	 	INDEPENDENCE	 	MO	 	 	64057	  
	 1861
	 	MHOOD	 	NORTHPARK MALL	 	101 NORTH RANGE LINE	 	JOPLIN	 	MO	 	 	64801	  
	 1862
	 	MHOOD	 	PARKCHESTER	 	1445 METROPOLITAN AVENUE	 	BRONX	 	NY	 	 	10462	  
	 1863
	 	MHOOD	 	TOWNE EAST SQUARE	 	7700 E KELLOGG	 	WICHITA	 	KS	 	 	67207	  
	 1868
	 	MHOOD	 	CHARLOTTESVILLE FASHION SQ	 	1564 EAST RIO ROAD	 	CHARLOTTESVILLE	 	VA	 	 	22901	  
	 1869
	 	MHOOD	 	MILLER HILL	 	1600 MILLER TRUNK HWY	 	DULUTH	 	MN	 	 	55811	  
	 1870
	 	MHOOD	 	BAY PARK SQUARE	 	970 BAY PARK SQUARE	 	GREEN BAY	 	WI	 	 	54304	  
	 1876
	 	MHOOD	 	BROADWAY MALL	 	4601 SOUTH BROADWAY	 	TYLER	 	TX	 	 	75703	  
	 1878
	 	MHOOD	 	FOOTHILLS MALL	 	215 EAST FOOTHILLS PKWY	 	FT. COLLINS	 	CO	 	 	80525	  
	 1879
	 	MHOOD	 	WESTLAND	 	1695 WEST 49TH STREET	 	HIALEAH	 	FL	 	 	33012	  
	 1881
	 	MHOOD	 	UNIVERSITY MALL	 	1701 MCFARLAND BLVD EAST	 	TUSCALOOSA	 	AL	 	 	35404	  
	 1882
	 	MHOOD	 	CHICAGO RIDGE MALL	 	444 CHICAGO RIDGE MALL DR	 	CHICAGO RIDGE	 	IL	 	 	60415	  
	 1883
	 	MHOOD	 	VALLEY HILLS	 	1960 HIGHWAY 70 SE	 	HICKORY	 	NC	 	 	28602	  
	 1885
	 	MHOOD	 	MEMORIAL CITY MALL	 	536 MEMORIAL CITY MALL	 	HOUSTON	 	TX	 	 	77024	  
	 1886
	 	MHOOD	 	DOGWOOD FESTIVAL MARKET	 	114 DOGWOOD BLVD	 	FLOWOOD	 	MS	 	 	39208	  

  
 6 of 9

 Schedule 5.08(b)(2) 

Leased Stores 
  

 as of 10/17/12 

 

															
	 STORE
	 	CHAIN	 	
NAME OF MALL / SHOPPING CENTER
	 	 STREET ADDRESS
	 	 CITY
	 	STATE	 	ZIP	 
	 1887
	 	MHOOD	 	HAMBURG VILLAGE	 	2312 SIR BARTON WAY	 	LEXINGTON	 	KY	 	 	40509	  
	 1888
	 	MHOOD	 	MALL AT STONECREST	 	2929 TURNERHILL ROAD	 	LITHONIA	 	GA	 	 	30038	  
	 1889
	 	MHOOD	 	MORENO VALLEY	 	22500 TOWN CIRCLE	 	MORENO VALLEY	 	CA	 	 	92553	  
	 1891
	 	MHOOD	 	COLONIAL BROOKWOOD	 	712 BROOKWOOD VILLAGE	 	HOMEWOOD	 	AL	 	 	35209	  
	 1892
	 	MHOOD	 	COLONIAL MALL BEL AIR	 	3428 BEL AIR MALL	 	MOBILE	 	AL	 	 	36606	  
	 1893
	 	MHOOD	 	MEADOWBROOK MALL	 	2399 MEADOWBROOK ROAD	 	BRIDGEPORT	 	WV	 	 	26330	  
	 1895
	 	MHOOD	 	SUMMIT WOODS CROSSING	 	1736 NORTHWEST CHIPMAN RD	 	LEES SUMMIT	 	MO	 	 	64081	  
	 1899
	 	MHOOD	 	NEWGATE MALL	 	3651 WALL AVENUE	 	OGDEN	 	UT	 	 	84405	  
	 1901
	 	MHOOD	 	SUNLAND PARK	 	750 SUNLAND PARK DRIVE	 	EL PASO	 	TX	 	 	79912	  
	 1902
	 	MHOOD	 	GATEWAY STATION	 	1185 NORTH BURLESON BLVD	 	BURLESON	 	TX	 	 	76028	  
	 1903
	 	MHOOD	 	SOUTHLAND MALL	 	1 SOUTHLAND MALL	 	HAYWARD	 	CA	 	 	94545	  
	 1905
	 	MHOOD	 	INTERNATIONAL SPEEDWAY SQUARE	 	2500 W INTERNATIONAL SPEEDWAY BLVD.	 	DAYTONA BEACH	 	FL	 	 	32114	  
	 1907
	 	MHOOD	 	MADONNA PLAZA	 	257 MADONNA ROAD	 	SAN LUIS OBISPO	 	CA	 	 	93401	  
	 1908
	 	MHOOD	 	PLAZA LAS AMERICAS	 	525 FD ROOSEVELT&LAS AMERICAS	 	SAN JUAN	 	PR	 	 	00918	  
	 1910
	 	MHOOD	 	CHESAPEAKE SQUARE MALL	 	4200 PORTSMOUTH BLVD	 	CHESAPEAKE	 	VA	 	 	23321	  
	 1911
	 	MHOOD	 	EASTGATE MALL	 	4601 EASTGATE BLVD	 	CINCINNATI	 	OH	 	 	45245	  
	 1912
	 	MHOOD	 	KITSAP MALL	 	10315 SILVERDALE WAY NW	 	SILVERDALE	 	WA	 	 	98383	  
	 1914
	 	MHOOD	 	SOUTHLAND MALL	 	5953 W PARK AVENUE	 	HOUMA	 	LA	 	 	70364	  
	 1915
	 	MHOOD	 	CHERRYVALE MALL	 	7200 HARRISON AVENUE	 	ROCKFORD	 	IL	 	 	61112	  
	 1917
	 	MHOOD	 	SILVERLAKE VILLAGE S/C	 	10504 BROADWAY	 	PEARLAND	 	TX	 	 	77581	  
	 1918
	 	MHOOD	 	CENTURY PLAZA	 	4521 CENTURY BLVD	 	PITTSBURG	 	CA	 	 	94565	  
	 1920
	 	MHOOD	 	CENTRAL MALL	 	5111 ROGERS AVENUE	 	FORT SMITH	 	AR	 	 	72903	  
	 1921
	 	MHOOD	 	DEPTFORD MALL	 	1750 DEPTFORD CENTER ROAD	 	DEPTFORD	 	NJ	 	 	08096	  
	 1922
	 	MHOOD	 	CENTRAL MALL	 	113 CENTRAL MALL	 	TEXARKANA	 	TX	 	 	75503	  
	 1925
	 	MHOOD	 	CROSSROADS MALL	 	6650 S WESTNEDGE	 	PORTAGE	 	MI	 	 	49024	  
	 1927
	 	MHOOD	 	LA CUMBRE PLAZA	 	121 SOUTH HOPE AVENUE	 	SANTA BARBARA	 	CA	 	 	93105	  
	 1928
	 	MHOOD	 	ROGUE VALLEY MALL	 	1600 NORTH RIVERSIDE	 	MEDFORD	 	OR	 	 	97501	  
	 1935
	 	MHOOD	 	LAKEWOOD TOWN CENTER	 	5605 LAKEWOOD TWN CTR BLVD SW	 	LAKEWOOD	 	WA	 	 	98499	  
	 1936
	 	MHOOD	 	STONEWOOD MALL	 	159 STONEWOOD STREET	 	DOWNEY	 	CA	 	 	90241	  
	 1938
	 	MHOOD	 	EASTWOOD MALL	 	5555 YOUNGSTOWN-WARREN ROAD	 	NILES	 	OH	 	 	44446	  
	 1942
	 	MHOOD	 	RIVERDALE VILLAGE	 	12764 RIVERDALE BLVD	 	COON RAPIDS	 	MN	 	 	55448	  
	 1943
	 	MHOOD	 	WIREGRASS COMMONS MALL	 	900 COMMONS DRIVE	 	DOTHAN	 	AL	 	 	36303	  
	 1944
	 	MHOOD	 	163 EAST 125TH STREET	 	163 EAST 125TH STREET	 	NEW YORK	 	NY	 	 	10035	  
	 1945
	 	MHOOD	 	NORTHGATE MALL	 	401 NORTHEAST NORTHGATE WAY	 	SEATTLE CITY	 	WA	 	 	98125	  
	 1946
	 	MHOOD	 	CENTRAL MALL	 	3RD ST & C AVE	 	LAWTON	 	OK	 	 	73501	  
	 1948
	 	MHOOD	 	PECANLAND MALL	 	4700 MILLHAVEN ROAD	 	MONROE	 	LA	 	 	71201	  
	 1950
	 	MHOOD	 	PLEASANT RUN TOWNE CROSSING	 	715 NORTH HWY 67	 	CEDAR HILL	 	TX	 	 	75104	  
	 1951
	 	MHOOD	 	CHICO MALL	 	1950 E 20TH STREET	 	CHICO	 	CA	 	 	95928	  
	 1952
	 	MHOOD	 	COASTAL GRAND MALL	 	2000 COASTAL GRAND CIRCLE	 	MYRTLE BEACH	 	SC	 	 	29577	  
	 1954
	 	MHOOD	 	ALEXANDRIA MALL	 	3437 MASONIC DRIVE	 	ALEXANDRIA	 	LA	 	 	71301	  
	 1956
	 	MHOOD	 	FAIRWAY MARKETPLACE S/C	 	5576 FAIRMOUNT PKWY	 	PASADENA	 	TX	 	 	77502	  
	 1957
	 	MHOOD	 	WESTFIELD CULVER CITY	 	6000 SEPULVEDA BLVD	 	CULVER CITY	 	CA	 	 	90230	  
	 1958
	 	MHOOD	 	MEYERLAND PLAZA S/C	 	722 MEYERLAND PLAZA	 	HOUSTON	 	TX	 	 	77096	  
	 1959
	 	MHOOD	 	VALLEY MALL	 	2529 MAIN STREET	 	UNION GAP	 	WA	 	 	98903	  
	 1960
	 	MHOOD	 	INLAND CENTER	 	500 INLAND CENTER DRIVE	 	SAN BERNARDINO	 	CA	 	 	92408	  
	 1968
	 	MHOOD	 	DENTON CROSSING	 	1800 S LOOP 288	 	DENTON	 	TX	 	 	76205	  
	 1969
	 	MHOOD	 	PARK PLACE PROMENADE	 	2226 S MOONEY BLVD	 	VISALIA	 	CA	 	 	93277	  
	 1972
	 	OUTLET	 	526 86TH STREET	 	526 86TH STREET	 	BROOKLYN	 	NY	 	 	11209	  
	 1974
	 	MHOOD	 	GEORGIA SQUARE MALL	 	3700 ATLANTA HWY	 	ATHENS	 	GA	 	 	30606	  
	 1977
	 	MHOOD	 	JEFFERSON MALL	 	4801-B302 OUTER LOOP RD	 	LOUISVILLE	 	KY	 	 	40219	  
	 1982
	 	MHOOD	 	ANIMAS VALLEY MALL	 	4601 E MAIN STREET	 	FARMINGTON	 	NM	 	 	87402	  
	 1983
	 	MHOOD	 	CACHE VALLEY MALL	 	1300 N MAIN STREET	 	LOGAN	 	UT	 	 	84341	  
	 1986
	 	MHOOD	 	PARK PLACE	 	5870 EAST BROADWAY	 	TUCSON	 	AZ	 	 	85711	  
	 1987
	 	MHOOD	 	RED CLIFFS MALL	 	1770 W REDCLIFFS DRIVE	 	ST. GEORGE	 	UT	 	 	84790	  
	 1988
	 	MHOOD	 	WESTLAND MALL	 	35000 W WARREN ROAD	 	WESTLAND	 	MI	 	 	48185	  
	 1990
	 	MHOOD	 	SHERMAN TOWN CENTER	 	4176 TOWN CENTER STREET	 	SHERMAN	 	TX	 	 	75091	  
	 1991
	 	MHOOD	 	APPLE BLOSSOM MALL	 	1850 APPLE BLOSSOM DRIVE	 	WINCHESTER	 	VA	 	 	22601	  
	 1995
	 	MHOOD	 	MESA MALL	 	2424 US HWY 6 & 50	 	GRAND JUNCTION	 	CO	 	 	81505	  
	 3037
	 	DESTMAT	 	SMITH GROVE SHOPPING CENTER	 	127 ALEXANDER AVENUE	 	LAKE GROVE	 	NY	 	 	11755	  
	 3053
	 	DESTMAT	 	COLONIE CENTER	 	131 COLONIE CENTER	 	ALBANY	 	NY	 	 	12205	  
	 3057
	 	DESTMAT	 	WILLOW GROVE PARK	 	2500 MORELAND ROAD	 	WILLOW GROVE	 	PA	 	 	19090	  
	 3058
	 	DESTMAT	 	AVENTURA	 	19575 BISCAYNE BLVD	 	AVENTURA	 	FL	 	 	33180	  
	 3059
	 	DESTMAT	 	RENAISSANCE CENTER	 	7001 FAYETTEVILLE ROAD	 	DURHAM	 	NC	 	 	27713	  
	 3061
	 	DESTMAT	 	180 POST ROAD EAST	 	180 POST ROAD EAST	 	WESTPORT	 	CT	 	 	06880	  
	 3064
	 	DESTMAT	 	TOWN PLACE AT GARDEN STATE	 	901 HADDONFIELD ROAD	 	CHERRY HILL	 	NJ	 	 	08002	  
	 3065
	 	DESTMAT	 	BLUEBONNET PARC SHOPPING CTR	 	5921 BLUEBONNET BLVD	 	BATON ROUGE	 	LA	 	 	70806	  
	 3067
	 	DESTMAT	 	POLARIS FASHION PLACE	 	1540 POLARIS PARKWAY	 	COLUMBUS	 	OH	 	 	43240	  
	 3089
	 	DESTMAT	 	HODGES ROAD	 	1 SOUTH 550 RTE 83	 	OAKBROOK TERRACE	 	IL	 	 	60181	  
	 3091
	 	DESTMAT	 	CHAUNCEY RANCH	 	18560 NORTH SCOTTSDALE ROAD	 	PHOENIX	 	AZ	 	 	85054	  
	 3092
	 	DESTMAT	 	VICTORIA CROSSROADS	 	12455 VICTORIA GARDENS LANE	 	RANCHO CUCAMONGA	 	CA	 	 	91730	  
	 3096
	 	DESTMAT	 	WALDEN PLACE	 	2130 WALDEN AVENUE	 	CHEEKTOWAGA	 	NY	 	 	14225	  
	 3097
	 	DESTMAT	 	LIVINGSTON TOWN CENTER	 	2115 TOWN CENTER WAY	 	LIVINGSTON	 	NJ	 	 	07039	  
	 3098
	 	DESTMAT	 	PROMENADE AT CHENAL	 	17717 CHENAL PARKWAY	 	LITTLE ROCK	 	AR	 	 	72223	  

  
 7 of 9

 Schedule 5.08(b)(2) 

Leased Stores 
  

 as of 10/17/12 

 

															
	 STORE
	 	CHAIN	 	
NAME OF MALL / SHOPPING CENTER
	 	 STREET ADDRESS
	 	 CITY
	 	STATE	 	ZIP	 
	 3100
	 	DESTMAT	 	THE MARKETS AT TOWN CENTER	 	4880 BIG ISLAND DRIVE	 	JACKSONVILLE	 	FL	 	 	32246	  
	 3104
	 	DESTMAT	 	SHORT PUMP TOWN CENTER	 	11800 W. BROAD ST	 	RICHMOND	 	VA	 	 	23233	  
	 3108
	 	APIP	 	THE GROVES @ SHREWSBURY	 	597 ROUTE 35,	 	SHREWSBURY	 	NJ	 	 	07702	  
	 3201
	 	DESTMAT	 	MILLENIA CROSSING	 	4060 EASTGATE DRIVE	 	ORLANDO	 	FL	 	 	32839	  
	 3202
	 	DESTMAT	 	CENTENNIAL PROMENADE	 	9611 E. County Line Road	 	ENGLEWOOD	 	CO	 	 	80112	  
	 3203
	 	DESTMAT	 	TOPANGA PLAZA	 	6600 TOPANGA CANYON BLVD	 	CANOGA PARK	 	CA	 	 	91303	  
	 3204
	 	DESTMAT	 	PLAZA K	 	181 ROUTE 1 SOUTH	 	WOODBRIDGE	 	NJ	 	 	08840	  
	 3205
	 	DESTMAT	 	WESTFIELD MONTGOMERY MALL	 	7101 DEMOCRACY BLVD	 	BETHESDA	 	MD	 	 	20817	  
	 3206
	 	DESTMAT	 	CAUSEWAY BLVD	 	3300 NORTH CAUSEWAY BLVD	 	METAIRIE	 	LA	 	 	70002	  
	 3207
	 	DESTMAT	 	COUNTRY GLEN SHOPPING CTR	 	120-122 Glen Cove Road	 	CARLE PLACE	 	NY	 	 	11514	  
	 3208
	 	DESTMAT	 	MANHATTAN VILLAGE S/C	 	3200 NORTH SEPULVEDA BLVD	 	MANHATTAN BEACH	 	CA	 	 	90266	  
	 3209
	 	DESTMAT	 	FAIRFAX CORNER	 	11941 GRAND COMMONS AVE	 	FAIRFAX	 	VA	 	 	22030	  
	 3210
	 	DESTMAT	 	ONE NINETEEN	 	4521 119TH STREET	 	LEAWOOD	 	KS	 	 	66209	  
	 3212
	 	DESTMAT	 	STREETS OF WOODFIELD	 	601 NORTH MARTINGALE RD	 	SCHAUMBURG	 	IL	 	 	60173	  
	 3213
	 	DESTMAT	 	INTERNATIONAL PLAZA	 	2223 N. WEST SHORE BLVD	 	TAMPA	 	FL	 	 	33607	  
	 3214
	 	DESTMAT	 	THE OAKS MALL	 	222 W. HILLCREST DRIVE	 	THOUSAND OAKS	 	CA	 	 	91360	  
	 3215
	 	DESTMAT	 	CRABTREE VALLEY MALL	 	4325 GLENWOOD AVENUE	 	RALEIGH	 	NC	 	 	27612	  
	 3216
	 	DESTMAT	 	WALNUT CREEK	 	1604 MT. DIABLO	 	WALNUT CREEK	 	CA	 	 	94596	  
	 3217
	 	DESTMAT	 	ORLAND PARK PLACE	 	15345 S LAGRANGE ROADE	 	ORLAND PARK	 	IL	 	 	60462	  
	 3220
	 	DESTMAT	 	WESTFIELD MAINPLACE	 	2800 N. MAIN STREET	 	SANTA ANA	 	CA	 	 	92705	  
	 3224
	 	DESTMAT	 	MALL OF AMERICA	 	258 SOUTH AVE	 	BLOOMINGTON	 	MN	 	 	55425	  
	 3225
	 	DESTMAT	 	GARDEN CITY CENTER	 	85 HILLSIDE ROAD	 	CRANSTON	 	RI	 	 	02920	  
	 3227
	 	DESTMAT	 	PACIFIC PLACE	 	600 PINE STREET; STE 330	 	SEATTLE	 	WA	 	 	98101	  
	 3518
	 	DESTMAT	 	GALLERIA AT ROSEVILLE	 	1151 GALLERIA BLVD	 	ROSEVILLE	 	CA	 	 	95678	  
	 3522
	 	DESTMAT	 	CROCKER PARK	 	220 CROCKER PARK BLVD	 	WESTLAKE	 	OH	 	 	44145	  
	 3819
	 	OUTLET	 	TRINITY COMMONS	 	210 GREAT LAKES DRIVE	 	BRAMPTON	 	ON	 	 	L6R2K7	  
	 3860
	 	OUTLET	 	HEARTLAND TOWN CENTER	 	6045 MAVIS ROAD	 	MISSISSAUGA	 	ON	 	 	L5R4G6	  
	 3862
	 	OUTLET	 	KINGS CROSSING	 	97 DALTON AVENUE	 	KINGSTON	 	ON	 	 	K7K0C4	  
	 3863
	 	OUTLET	 	CROSSIRON MILLS	 	261055 CROSSIRON MILLS	 	ROCKY VIEW	 	AB	 	 	T4A0G3	  
	 4083
	 	MHOOD	 	SOUTH CENTER MALL	 	1057 SOUTH CENTER MALL	 	TUKWILA	 	WA	 	 	98188	  
	 4114
	 	MHOOD	 	FASHION CENTER @ PENTAGON	 	1100 S HAYNES STREET	 	ARLINGTON	 	VA	 	 	22202	  
	 4134
	 	MHOOD	 	LUFKIN MALL	 	4600 S MEDFORD DRIVE	 	LUFKIN	 	TX	 	 	75901	  
	 4135
	 	MHOOD	 	AVENUE AT VIERRA	 	2261 TOWN CENTER AVE	 	MELBOURNE	 	FL	 	 	32940	  
	 4140
	 	MHOOD	 	MONROEVILLE MALL	 	MONROEVILLE MALL	 	MONROEVILLE	 	PA	 	 	15146	  
	 4141
	 	MHOOD	 	REGENCY SQUARE MALL	 	301 COX CREEK BLVD	 	FLORENCE	 	AL	 	 	35630	  
	 4145
	 	MHOOD	 	RIMROCK MALL	 	300 S 24TH STREET W	 	BILLINGS	 	MT	 	 	59102	  
	 4146
	 	MHOOD	 	YUMA PALMS	 	1401 YUMA PALMS PKWY	 	YUMA	 	AZ	 	 	85364	  
	 4149
	 	MHOOD	 	WAUSAU CENTER	 	WAUSAU CENTER	 	WAUSAU	 	WI	 	 	54403	  
	 4150
	 	MHOOD	 	SIKES CENTER	 	3111 MIDWESTERN PARKWAY	 	WICHITA FALLS	 	TX	 	 	76308	  
	 4161
	 	MHOOD	 	MALL AT JOHNSON CITY	 	2011 N ROAN STREET	 	JOHNSON CITY	 	TN	 	 	37601	  
	 4164
	 	MHOOD	 	FAYETTE MALL	 	3401 NICHOLASVILLE ROAD	 	LEXINGTON	 	KY	 	 	40503	  
	 4172
	 	MHOOD	 	IMPERIAL VALLEY MALL	 	3451 DOGWOOD ROAD	 	EL CENTRO	 	CA	 	 	92243	  
	 4194
	 	MHOOD	 	SOUTHAVEN TOWN CENTER	 	6517 TOWNE CENTER CROSSING	 	SOUTHAVEN	 	MS	 	 	38671	  
	 4201
	 	MHOOD	 	LAKEPORT COMMONS	 	5001 SERGEANT ROAD	 	SIOUX CITY	 	IA	 	 	51106	  
	 4204
	 	MHOOD	 	COMMERCIAL DRIVE	 	4628 COMMERCIAL DRIVE	 	NEW HARTFORD	 	NY	 	 	13413	  
	 4205
	 	MHOOD	 	ROSEDALE CENTER	 	111 ROSEDALE CENTER	 	ROSEVILLE	 	MN	 	 	55113	  
	 4209
	 	MHOOD	 	RIVER HILLS MALL	 	1850 ADAMS ST	 	MANKATO	 	MN	 	 	56001	  
	 4210
	 	MHOOD	 	COLUMBIA MALL	 	1321 NORTH COLUMBIA CTR BLVD	 	KENNEWICK	 	WA	 	 	99336	  
	 4212
	 	MHOOD	 	GRAND TRAVERSE MALL	 	3200 SOUTH AIRPORT ROAD	 	TRAVERSE CITY	 	MI	 	 	49684	  
	 4226
	 	MHOOD	 	GATEWAY CENTER	 	1505 UNIVERSITY DRIVE	 	COLLEGE STATION	 	TX	 	 	77840	  
	 4232
	 	MHOOD	 	MARKET PLACE SHOPPING CENTER	 	2000 NORTH NEIL STREET	 	CHAMPAIGN	 	IL	 	 	61820	  
	 4245
	 	MHOOD	 	EAST RIDGE MALL	 	246 NORTH NEW HOPE ROAD	 	GASTONIA	 	NC	 	 	28054	  
	 4249
	 	MHOOD	 	SHOPS AT OLD MILL DISTRICT	 	450 SW POWERHOUSE DRIVE	 	BEND	 	OR	 	 	97702	  
	 4250
	 	MHOOD	 	AVENUES AT MURFREESBORO	 	2615 MEDICAL CENTER PARKWAY	 	MURFREESBORO	 	TN	 	 	37129	  
	 4273
	 	MHOOD	 	RIVER POINT SHOPPING CENTER	 	1730 W. FULLERTON AVENUE	 	CHICAGO	 	IL	 	 	60614	  
	 4274
	 	MHOOD	 	WEST ACRES	 	3902 13TH AVENUE SW	 	FARGO	 	ND	 	 	58103	  
	 4276
	 	MHOOD	 	ATLANTIC TERMINAL	 	139 FLATBUSH AVE	 	BROOKLYN	 	NY	 	 	11217	  
	 4280
	 	MHOOD	 	ORCHARD AT WESTMINSTER	 	14676 DELAWARE STREET	 	WESTMINSTER	 	CO	 	 	80023	  
	 4283
	 	MHOOD	 	AVIATION	 	578 AVIATION ROAD	 	QUEENSBURY	 	NY	 	 	12804	  
	 4284
	 	MHOOD	 	THE SHOPPES AT WYOMISSING	 	750 WOODLAND ROAD	 	WYOMISSING	 	PA	 	 	19610	  
	 4285
	 	MHOOD	 	GULF COAST TOWNE CENTER	 	9908 GULF COAST MAIN STREET	 	FT MYERS	 	FL	 	 	33913	  
	 4286
	 	MHOOD	 	UNIVERSITY TOWN CENTER	 	1432 24TH AVE N.W.	 	NORMAN	 	OK	 	 	73069	  
	 4288
	 	MHOOD	 	MESILLA VALLEY	 	700 S. TELSHOR BLVD	 	LAS CRUCES	 	NM	 	 	88011	  
	 4289
	 	MHOOD	 	SANTA FE PLACE	 	4250 CERRILLOS RD PO BOX 29298	 	SANTA FE	 	NM	 	 	87592	  
	 4291
	 	MHOOD	 	VALLEY WEST MALL	 	1551 VALLEY WEST DRIVE	 	WEST DES MOINES	 	IA	 	 	50266	  
	 4300
	 	MHOOD	 	THE COMMONS AT HOOPER	 	1350 HOOPER AVENUE	 	TOMS RIVER	 	NJ	 	 	08753	  
	 4304
	 	MHOOD	 	CHAMPLAIN MALL	 	60 SMITHFIELD BLVD	 	PLATTSBURGH	 	NY	 	 	12901	  
	 4308
	 	MHOOD	 	ASHLEY PARK	 	334 NEWNAN CROSSING BYPASS	 	NEWNAN	 	GA	 	 	30265	  
	 4336
	 	MHOOD	 	OAKWOOD MALL	 	4800 GULF ROAD	 	EAU CLAIRE	 	WI	 	 	54701	  
	 4344
	 	MHOOD	 	SHADOW LAKE CENTER	 	7902 TOWNE CENTER PARKWAY	 	PAPILLION	 	NE	 	 	68046	  
	 4345
	 	MHOOD	 	RIVER GATE MALL	 	1000 RIVERGATE PARKWAY	 	GOODLETTSVILLE	 	TN	 	 	37072	  
	 4351
	 	MHOOD	 	MACOMB MALL	 	32182 BEACONSFIELD	 	ROSEVILLE	 	MI	 	 	48066	  
	 4358
	 	MHOOD	 	JAY SCUTTI PLAZA	 	1000 HYLAN DRIVE	 	ROCHESTER	 	NY	 	 	14623	  

  
 8 of 9

 Schedule 5.08(b)(2) 

Leased Stores 
  

 as of 10/17/12 

 

															
	 STORE
	 	CHAIN	 	
NAME OF MALL / SHOPPING CENTER
	 	 STREET ADDRESS
	 	 CITY
	 	STATE	 	ZIP	 
	 4367
	 	MHOOD	 	BURNESVILLE CENTER	 	2012 BURNESVILLE CENTER	 	BURNSVILLE	 	MN	 	 	55306	  
	 4376
	 	MHOOD	 	SHASTA MALL	 	900 DANA DRIVE	 	REDDING	 	CA	 	 	96003	  
	 4384
	 	MHOOD	 	PATRICK HENRY MALL	 	12300 JEFFERSON AVE	 	NEWPORT NEWS	 	VA	 	 	23602	  
	 4391
	 	MHOOD	 	SOUTH PLAINS	 	6002 SLIDE ROAD	 	LUBBOCK	 	TX	 	 	79414	  
	 4393
	 	MHOOD	 	PIER PARK	 	15600 STARFISH STREET	 	PANAMA CITY	 	FL	 	 	32413	  
	 4394
	 	MHOOD	 	SOUTH TOWN CENTER	 	10450 S STATE STREET	 	SANDY	 	UT	 	 	84070	  
	 4405
	 	MHOOD	 	SHOPS AT WIREGRASS	 	28163 PASEO DRIVE	 	WESLEY CHAPEL	 	FL	 	 	33543	  
	 4406
	 	MHOOD	 	FLAGSTAFF MALL	 	4650 NORTH HIGHWAY 89	 	FLAGSTAFF	 	AZ	 	 	86004	  
	 4408
	 	MHOOD	 	WEST BELT PLAZA	 	57 ROUTE 23	 	WAYNE	 	NJ	 	 	07470	  
	 4409
	 	MHOOD	 	VILLAGE AT FAIRVIEW	 	163 TOWN PLACE	 	FAIRVIEW	 	TX	 	 	75069	  
	 4410
	 	MHOOD	 	FRIENDLY CENTER	 	605 FRIENDLY CENTER RD	 	GREENSBORO	 	NC	 	 	27408	  
	 4804
	 	MHOOD	 	1600 MARIVALE ROAD	 	1600 MERIVALE ROAD	 	NEPEAN	 	ON	 	 	K2G5J7	  
	 4805
	 	MHOOD	 	SOUTH EDMONTON COMMON	 	9765 19TH AVE NW	 	EDMONTON	 	AB	 	 	T6N1N5	  
	 4808
	 	MHOOD	 	WEST EDMONTON MALL	 	8882 170TH STREET	 	EDMONTON	 	AB	 	 	T5T4M2	  
	 4811
	 	MHOOD	 	2282 GUILDFORD TOWN CENTRE	 	104TH AVE AND 152ND ST	 	SURREY	 	BC	 	 	V3R7C1	  
	 4814
	 	MHOOD	 	CARREFOUR LAVAL	 	3035 BOULEVARD LE CARREFOUR	 	LAVAL	 	PQ	 	 	H7T1C7	  
	 4815
	 	MHOOD	 	LES PROMENADES ST. BRUNO	 	273 BLVD DES PROMENADES	 	ST. BRUNO	 	PQ	 	 	J3V5K3	  
	 4816
	 	MHOOD	 	ST. LAURENT SHOPPING CTR	 	1200 ST. LAURENT BLVD	 	OTTAWA	 	ON	 	 	K1K3B5	  
	 4817
	 	MHOOD	 	GREEN LANE POWER CENTRE	 	18166 YONGE ST, UNIT A8	 	EAST GWILLIMBURY	 	ON	 	 	L9N0J3	  
	 4820
	 	MHOOD	 	PEN CENTRE	 	221 GLENDALE AVENUE	 	ST.CATHARINES	 	ON	 	 	L2T2K9	  
	 4821
	 	MHOOD	 	KINGFISHER SQUARE	 	920 UPPER WENTWORTH STREET	 	HAMILTON	 	ON	 	 	L9A5C5	  
	 4822
	 	MHOOD	 	PICKERING TOWN CENTRE	 	13555 KINGSTON ROAD	 	PICKERING	 	ON	 	 	L1V1B8	  
	 4823
	 	MHOOD	 	AVALON MALL	 	48 KENMOUNT ROAD	 	ST JOHNS	 	NF	 	 	A1B1W3	  
	 4824
	 	MHOOD	 	ORCHARD PARK S/C	 	2271 HARVEY AVENUE	 	KELOWNA	 	BC	 	 	V1Y6H2	  
	 4825
	 	MHOOD	 	NORTH CITY CENTRE	 	13246 137TH AVENUE	 	EDMONTON	 	AB	 	 	T5L4Z6	  
	 4826
	 	MHOOD	 	BENTALL KITCHENER	 	655 FAIRWAY ROAD	 	KITCHENER	 	ON	 	 	N2C1X4	  
	 4827
	 	MHOOD	 	HALIFAX SHOPPING CENTRE	 	7001 MUMFORD ROAD	 	HALIFAX	 	NS	 	 	B3L2H8	  
	 4828
	 	MHOOD	 	WELLINGTON COMMONS	 	1230 WELLINGTON ROAD	 	LONDON	 	ON	 	 	N6E1M3	  
	 4829
	 	MHOOD	 	VILLAGE AT PARK ROYAL	 	940 MAIN STREET - B3	 	WEST VANCOUVER	 	BC	 	 	V7T2W4	  
	 4831
	 	MHOOD	 	MONCTON PLAZA	 	35-45 PLAZA BLVD	 	MONCTON	 	NB	 	 	E1C0E8	  
	 4832
	 	MHOOD	 	SOUTHLAND MALL	 	2965 GORDON ROAD	 	REGINA	 	SK	 	 	S4S6H7	  
	 4833
	 	MHOOD	 	COQUITLAM CENTRE	 	2929 BARNET HIGHWAY	 	COQUITLAM	 	BC	 	 	V3B5R5	  
	 4835
	 	MHOOD	 	2146-2148 W 4TH AVE	 	2146-2148 W 4TH AVENUE	 	VANCOUVER	 	BC	 	 	V6K1N6	  
	 4836
	 	MHOOD	 	YORKDALE SHOPPING CENTRE	 	1 YORKDALE ROAD	 	TORONTO	 	ON	 	 	M6A3A1	  
	 4837
	 	MHOOD	 	NEW MILLENIUM CENTER	 	110 DONNA DRIVE	 	SUDBURY	 	ON	 	 	P3B4K5	  
	 4838
	 	MHOOD	 	MIDTOWN PLAZA	 	1ST AVENUE AND 21ST STREET	 	SASKATOON	 	SK	 	 	S7K1J9	  
	 4839
	 	MHOOD	 	KENASTON	 	1539 KENASTON BLVD	 	WINNIPEG	 	MB	 	 	R3P2N3	  
	 4841
	 	MHOOD	 	SUNRIDGE MALL	 	2580 32 STREET NE	 	CALGARY	 	AB	 	 	T1Y7M8	  
	 4842
	 	MHOOD	 	BIG BEND CROSSING	 	5761 MARINE WAY	 	BURNABY	 	BC	 	 	V5J0A6	  
	 4843
	 	MHOOD	 	SPRINGWATER MARKETPLACE	 	411 BAYFIELD STREET	 	BARRIE	 	ON	 	 	L4M6E5	  
	 4844
	 	MHOOD	 	PRAIRIE MALL	 	11801 100TH STREET	 	GRAND PRAIRIE	 	AB	 	 	T8V3Y2	  

  
 9 of 9

 Schedule 5.09 

Environmental 

For a description of environmental matters related to the Headquarters Facility (including, without limitation, the presence of underground storage
tanks), see the Phase I Environmental Site Assessment dated September 21, 2012 prepared by Partner Engineering & Science, Inc. with respect to the Headquarters Facility. 

 Schedule 5.11 

Tax Sharing Agreement 
 Tax Sharing Agreement between Lead Borrower and Cave Springs, Inc. dated June 1, 2003. 

 Schedule 5.13 

Subsidiaries; Other Equity Investments 

	(a)	Subsidiaries: 

  

									
	Legal Name of Entity	  	Jurisdiction of Organization	  	Authorized Equity
Interests	  	Total Equity Interests
Outstanding	  	Stockholders / Capital
Structure
					
	 Cave Springs, Inc.
	  	Delaware	  	3,000 shares of
common stock
($1.00 par value)	  	1,000 shares of
common stock	  	100% owned by
Destination
Maternity
Corporation
					
	 Mothers Work Canada, Inc.
	  	Delaware	  	3,000 shares of
common stock
($0.01 par value)	  	100 shares of
common stock	  	100% owned by
Destination
Maternity
Corporation
					
	 Destination Maternity Apparel Private Limited
	  	India	  	10,000 equity shares	  	10,000 equity
shares	  	99.9% owned by
Destination
Maternity
Corporation; 0.01%
owned by Mothers
Work Canada, Inc.

  

	(b)	Equity Interests in other corporations or entities: None. 

  

	(c)	Rights to Receipt of Equity Interests: Securities issuable to holders of common stock pursuant to the Amended and Restated Rights Agreement, dated as of
October 9, 2005, between the Lead Borrower and StockTrans, Inc. 

 Schedule 5.17 

Intellectual Property Matters 
 None. 

 Schedule 5.18 

Collective Bargaining and Other Agreements 
  

	(a)	Collective Bargaining Agreements: None 

  

	(b)	Equity Plans and Related Documents: 

  

	 	i.	1994 Director Stock Option Plan, and agreements issued thereunder. 

  

	 	ii.	1987 Stock Option Plan (as amended and restated), as amended November 13, 2002, and agreements issued thereunder. 

 

	 	iii.	2005 Equity Incentive Plan (as amended and restated), and agreements issued thereunder. 

 

	(c)	Employment Agreements which are Material Agreements: 

  

	 	i.	Third Amended and Restated Employment Agreement dated March 6, 2012 between Edward M. Krell and the Lead Borrower. 

 

	 	ii.	Employment Agreement, dated July 23, 2008, between the Lead Borrower and Judd P. Tirnauer, as amended August 10, 2011 and November 22, 2011.

  

	 	iii.	Employment Agreement, dated April 11, 2011, between Christopher F. Daniel and the Lead Borrower. 

 

	 	iv.	Employment Agreement, dated July 16, 2009, between Ronald J. Masciantonio and the Lead Borrower, as amended April 27, 2010, August 10, 2011 and
November 22, 2011. 

  

	 	v.	Restrictive Covenant Agreement, dated July 16, 2009, between Ronald J. Masciantonio and the Lead Borrower. 

 

	 	vi.	Restrictive Covenant Agreement with Judd P. Tirnauer dated July 23, 2008. 

 

	(d)	Bonus Plan: 

  

	 	i.	Management Incentive Program (as adopted by the Lead Borrower’s Board of Directors on December 13, 2006, and by the Lead Borrower’s stockholders in
January 2007) 

 Schedule 5.21(a) 

DDAs 
 See
attached list. 

 Sch. 5.21 Corporate DDAs 

 

													
	 BANK NAME
	 	 BANK ADDRESS
	 	 ACCOUNT #
	 	 DESCRIPTION

	 Bank of America
	 	901 Main St, 7th floor	 	Dallas	 	TX	 	75202	 	XXXXXX	 	Concentration Account / Blocked Account Bank
	 Bank of America
	 	901 Main St, 7th floor	 	Dallas	 	TX	 	75202	 	XXXXXX	 	Disbursement
	 Bank of America
	 	901 Main St, 7th floor	 	Dallas	 	TX	 	75202	 	XXXXXX	 	L/C Cash Collateral Account
	 Bank of America India
	 	Express Towers, Nariman Point	 	Mumbai	 		 	India	 	XXXXXX	 	INR - Disbursement Account
	 Bank of America India
	 	Express Towers, Nariman Point	 	Mumbai	 		 	India	 	XXXXXX	 	US$
	 Bank of America India
	 	Express Towers, Nariman Point	 	Mumbai	 		 	India	 	XXXXXX	 	INR
	 Wells Fargo
	 	301 S. Tyron St, M6	 	Charlotte	 	NC	 	28288	 	XXXXXX	 	Corporate
	 Wells Fargo
	 	301 S. Tyron St, M6	 	Charlotte	 	NC	 	28288	 	XXXXXX	 	Payroll
	 Wells Fargo
	 	301 S. Tyron St, M6	 	Charlotte	 	NC	 	28288	 	XXXXXX	 	Payroll - Federal Taxes
	 Wells Fargo
	 	301 S. Tyron St, M6	 	Charlotte	 	NC	 	28288	 	XXXXXX	 	International Duty
	 Bank of Montreal
	 	 1st Canadian Place, 100 King Street W, Concourse

Level, PO Box 3
	 	Toronto	 	ON	 	M5X 1A3	 	XXXXXX	 	Corporate - Payroll
	 Bank of Montreal
	 	 1st Canadian Place, 100 King Street W, Concourse

Level, PO Box 3
	 	Toronto	 	ON	 	M5X 1A3	 	XXXXXX	 	Consolidated Depository - Stores
	 Bank of Montreal
	 	 1st Canadian Place, 100 King Street W, Concourse

Level, PO Box 3
	 	Toronto	 	ON	 	M5X 1A3	 	XXXXXX	 	Corporate - Credit Card Deposits and Disb
	 R-G Premier Bank
	 	280 Jesus T Pinero Ave, PO Box 2510	 	Guaynabo	 	PR	 	00970	 	XXXXXX	 	Payroll - Puerto Rico
	 PNC—Cave Springs
	 		 		 		 		 	XXXXXX	 	Business Basic Checking
	 New York Citibank
	 	Cigna Dental Claims	 		 		 		 	XXXXXX	 	

  

					
	11/1/2012	  	1 of 7	  	Corporate DDAs

 Sch. 5.21 Retail DDAs 

 

																							
	 CO
	 	STORE	 	SUPER	 	 	 MALL
	 	 ADDRESS
	 	 CITY
	 	STATE	 	ZIP	 	 CONSOLIDATED
	 	 NONCONSOLIDATED
	 	ACCOUNT #
	9	 	7	 	 	507	  	 	SOUTH COAST PLAZA	 	405 AND BRISTOL	 	COSTA MESA	 	CA	 	92626	 	Bank of America	 	N/A	 	XXXXXX
	9	 	63	 				 	WATER TOWER PLACE	 	835 N MICHIGAN AVENUE	 	CHICAGO	 	IL	 	60611	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	106	 				 	MERLE HAY MALL	 	3800 MERLE HAY ROAD	 	DES MOINES	 	IA	 	50310	 	Bank of America	 	N/A	 	XXXXXX
	4	 	107	 				 	SOUTH SHORE MALL #F-8	 	1701 SUNRISE HWY	 	BAY SHORE	 	NY	 	11706	 	Capital One Bank	 	N/A	 	XXXXXX
	4	 	108	 				 	ALDERWOOD MALL	 	3000 184TH STREET SW	 	LYNNWOOD	 	WA	 	98037	 	Bank of America	 	N/A	 	XXXXXX
	4	 	110	 				 	CORAL RIDGE MALL	 	1451 CORAL RIDGE AVENUE	 	CORALVILLE	 	IA	 	52241	 	N/A	 	Two Rivers Bank and trust	 	XXXXXX
	4	 	139	 				 	GLENBROOK SQUARE	 	4201 COLDWATER RD.	 	FORT WAYNE	 	IN	 	46805	 	PNC Bank	 	N/A	 	XXXXXX
	4	 	142	 				 	COUNTRYSIDE MALL	 	27001 US HWY 19 NORTH	 	CLEARWATER	 	FL	 	33761	 	Bank of America	 	N/A	 	XXXXXX
	4	 	147	 				 	SOUTHRIDGE MALL	 	5300 S. 76TH STREET	 	GREENDALE	 	WI	 	53129	 	US Bank	 	N/A	 	XXXXXX
	4	 	163	 				 	SUMMIT MALL	 	3265 W. MARKET STREET	 	AKRON	 	OH	 	44333	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	176	 	 	654	  	 	CONSUMER SQUARE	 	324 CONSUMER SQUARE	 	MAYS LANDING	 	NJ	 	8330	 	PNC Bank	 	N/A	 	XXXXXX
	3	 	180	 				 	PACIFIC PLACE	 	600 PINE STREET	 	SEATTLE	 	WA	 	98101	 	Bank of America	 	N/A	 	XXXXXX
	9	 	200	 				 	PACIFIC PLACE	 	10321 PACIFIC STREET	 	OMAHA	 	NE	 	68114	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	230	 				 	MACON MALL	 	3661 EISENHOWER PKWY	 	MACON	 	GA	 	31206	 	N/A	 	Capital City	 	XXXXXX
	4	 	231	 				 	MONTGOMERY MALL	 	217 MONTGOMERY MALL	 	NORTH WALES	 	PA	 	19454	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	238	 	 	1205	  	 	HANES MALL	 	3320 SILAS CREEK PRKWAY	 	WINSTON-SALEM	 	NC	 	27103	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	239	 				 	BELDON VILLAGE MALL	 	4385 BELDEN VILLAGE MALL	 	CANTON	 	OH	 	44718	 	Key Bank	 	N/A	 	XXXXXX
	4	 	241	 				 	GREAT LAKES MALL	 	7850 MENTOR AVENUE	 	MENTOR	 	OH	 	44060	 	Fifth Third Bank	 	N/A	 	XXXXXX
	4	 	242	 	 	759	  	 	HULEN MALL	 	4800 S HULEN STREET	 	FORT WORTH	 	TX	 	76132	 	Bank of America	 	N/A	 	XXXXXX
	4	 	243	 				 	GOVENOR'S SQUARE	 	1500 APALACHEE PKWY	 	TALLAHASSEE	 	FL	 	32301	 	Bank of America	 	N/A	 	XXXXXX
	4	 	246	 				 	NORTH PARK MALL	 	320 W KIMBERLY RD	 	DAVENPORT	 	IA	 	52806	 	US Bank	 	N/A	 	XXXXXX
	4	 	248	 				 		 	595 PARKWAY PLAZA	 	EL CAJON	 	CA	 	92020	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	249	 				 	GREENWOOD MALL	 	2625 SCOTTSVILLE RD	 	BOWLING GREEN	 	KY	 	42104	 	PNC Bank	 	N/A	 	XXXXXX
	4	 	298	 				 	WEST RIDGE MALL	 	1801 SW WANAMAKER RD	 	TOPEKA	 	KS	 	66604	 	Bank of America	 	N/A	 	XXXXXX
	4	 	300	 				 	QUEENS CENTER	 	90-15 QUEENS BOULEVARD	 	ELMHURST	 	NY	 	11373	 	Bank of America	 	N/A	 	XXXXXX
	4	 	301	 				 	COBB TOWN CENTER	 	400 ERNEST W BARRETT PKY	 	KENNESAW	 	GA	 	30144	 	Bank of America	 	N/A	 	XXXXXX
	4	 	302	 	 	1224	  	 	MC CAIN MALL	 	MC CAIN MALL	 	N. LITTLE ROCK	 	AR	 	72116	 	Bank of America	 	N/A	 	XXXXXX
	4	 	304	 				 	TEMPE MARKETPLACE	 	2000 E RIO SALADO PKWY	 	TEMPE	 	AZ	 	85281	 	US Bank	 	N/A	 	XXXXXX
	4	 	305	 				 	VALLEY FAIR SHOPPING CENTER	 	2329 VALLEY FAIR SOUTH	 	SANTA CLARA	 	CA	 	95050	 	Bank of America	 	N/A	 	XXXXXX
	4	 	310	 				 	LAKESIDE CIRCLE	 	14600 LAKESIDE CIRCLE	 	STERLING HEIGHTS	 	MI	 	48313	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	311	 				 	OAKLAND MALL	 	634 WEST 14 MILE ROAD	 	TROY	 	MI	 	48083	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	312	 				 	CORDOVA MALL	 	5100 NORTH NINETH AVE	 	PENSACOLA	 	FL	 	32504	 	Bank of America	 	N/A	 	XXXXXX
	4	 	313	 				 	THE MEADOWS	 	4300 MEADOWS LANE	 	LAS VEGAS	 	NV	 	89107	 	Bank of America	 	N/A	 	XXXXXX
	4	 	315	 				 	SOUTHGATE MALL	 	SOUTHGATE MALL	 	MISSOULA	 	MT	 	59801	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	324	 				 	SALEM CENTER	 	480 CENTER STREET N.E.	 	SALEM	 	OR	 	97301	 	Bank of America	 	N/A	 	XXXXXX
	4	 	325	 				 	FOX VALLEY CTR	 	2082 FOX VALLEY MALL	 	AURORA	 	IL	 	60504	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	326	 				 	VINTAGE FAIRE	 	3401 DALE ROAD	 	MODESTO	 	CA	 	95356	 	Bank of America	 	N/A	 	XXXXXX
	4	 	327	 				 	YORKTOWN CENTER	 	203 YORKTOWN CENTER	 	LOMBARD	 	IL	 	60148	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	329	 				 	TACOMA MALL	 	4502 S. STEELE ST	 	TACOMA	 	WA	 	98409	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	338	 				 	HAMILTON PLACE	 	2100 HAMILTON PLACE	 	CHATTANOOGA	 	TN	 	37421	 	First Tennessee	 	N/A	 	XXXXXX
	4	 	339	 				 	COTTONWOOD MALL	 	10,000 COORS BLVD NW	 	ALBUQUERQUE	 	NM	 	87114	 	Bank of America	 	N/A	 	XXXXXX
	4	 	340	 				 	NEW PARK MALL	 	5902 MOWRY AVENUE	 	NEWARK	 	CA	 	94560	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	341	 				 	WESTFARMS MALL	 	224 WESTFARMS MALL	 	FARMINGTON	 	CT	 	6032	 	Bank of America	 	N/A	 	XXXXXX
	4	 	344	 				 	MIDLAND PARK MALL	 	4511 MIDKIFF ROAD	 	MIDLAND	 	TX	 	79705	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	345	 	 	207	  	 	ANNAPOLIS MALL	 	1450 ANNAPOLIS MALL	 	ANNAPOLIS	 	MD	 	21401	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	347	 				 	LOS CERRITOS CENTER	 	512 LOS CERRITOS CENTER	 	CERRITOS	 	CA	 	90703	 	Bank of America	 	N/A	 	XXXXXX
	4	 	348	 	 	873	  	 	FREEHOLD RACEWAY MALL	 	FREEHOLD RACEWAY MALL	 	FREEHOLD	 	NJ	 	7728	 	Bank of America	 	N/A	 	XXXXXX
	4	 	352	 				 	GATEWAY MALL	 	3000 GATEWAY STREET	 	SPRINGFIELD	 	OR	 	97477	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	353	 				 	SPRING HILL MALL	 	1416 SPRING HILL MALL	 	DUNDEE	 	IL	 	60118	 	Bank of America	 	N/A	 	XXXXXX
	4	 	359	 				 	QUAIL SPRINGS MALL	 	2501 W. MEMORIAL #234	 	OKLAHOMA CITY	 	OK	 	73120	 	Bank of America	 	N/A	 	XXXXXX
	4	 	360	 	 	1207	  	 	EDISON MALL	 	4125 CLEVELAND AVENUE	 	FORT MYERS	 	FL	 	33901	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	362	 				 	CLACKAMAS TOWN CENTER	 	12000 SE 82ND AVENUE	 	PORTLAND	 	OR	 	97266	 	US Bank	 	N/A	 	XXXXXX
	4	 	364	 	 	750	  	 	NORTH COUNTY FAIR	 	200 E VIA RANCHO PKWY	 	ESCONDIDO	 	CA	 	92025	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	367	 				 	WHITE MARSH MALL	 	8200 PERRY HALL BLVD	 	BALTIMORE	 	MD	 	21236	 	Bank of America	 	N/A	 	XXXXXX
	4	 	368	 				 	BARTON CREEK MALL	 	2901 CAPITOL OF TEXAS HIGHWAY	 	AUSTIN	 	TX	 	78746	 	Bank of America	 	N/A	 	XXXXXX
	4	 	369	 				 	LYNN HAVEN MALL	 	701 LYNN HAVEN PKWY	 	VIRGINIA BEACH	 	VA	 	23453	 	Bank of America	 	N/A	 	XXXXXX
	4	 	370	 	 	1203	  	 	DEERBROOK MALL	 	20131 HIGHWAY 59	 	HUMBLE	 	TX	 	77338	 	Bank of America	 	N/A	 	XXXXXX
	4	 	371	 	 	881	  	 	WILLOWBROOK MALL	 	7925 FM 1960 WEST	 	HOUSTON	 	TX	 	77070	 	Bank of America	 	N/A	 	XXXXXX
	4	 	372	 				 	TOWNE WEST SQUARE SPACE	 	TOWNE WEST SQ.	 	WICHITA	 	KS	 	67209	 	Bank of America	 	N/A	 	XXXXXX
	4	 	373	 				 	PLAZA BONITA	 	3030 PLAZA BONITA RD.#106	 	NATIONAL CITY	 	CA	 	91950	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	374	 				 	NORTHTOWN MALL	 	4750 DIVISON ST	 	SPOKANE	 	WA	 	99207	 	Bank of America	 	N/A	 	XXXXXX
	4	 	376	 	 	1216	  	 	WESTFIELD SHOPPINGTOWN HAWTHORN	 	329 HAWTHORN CIRCLE	 	VERNON HILLS	 	IL	 	60061	 	PNC Bank	 	N/A	 	XXXXXX
	4	 	377	 				 	PARK CITY CENTER	 	814 PARK CITY CENTER	 	LANCASTER	 	PA	 	17601	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	378	 				 	THE CITADEL	 	600 THE CITADEL MALL	 	CHARLESTON	 	SC	 	29407	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	379	 				 	TUCSON MALL	 	4500 N. ORACLE ROAD	 	TUCSON	 	AZ	 	85705	 	Bank of America	 	N/A	 	XXXXXX
	4	 	386	 				 	OXMOOR CENTER	 	7900 SHELBYVILLE ROAD	 	LOUISVILLE	 	KY	 	40222	 	PNC Bank	 	N/A	 	XXXXXX
	4	 	390	 	 	1201	  	 	PEARLRIDGE CENTER	 	98-1005 MANALUA ROAD	 	AIEA	 	HI	 	96701	 	N/A	 	American Savings	 	XXXXXX
	4	 	391	 				 	THE GALLERIA	 	5085 WESTHEIMER	 	HOUSTON	 	TX	 	77056	 	Compass Bank	 	N/A	 	XXXXXX
	4	 	393	 	 	955	  	 	GALLERIA AT TYLER	 	2025 GALLERIA AT TYLER	 	RIVERSIDE	 	CA	 	92503	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	394	 				 	WESTMINSTER MALL	 	1024 WESTMINSTER MALL	 	WESTMINSTER	 	CA	 	92683	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	396	 	 	960	  	 	PEMBROKE LAKES MALL	 	11401 PINES BLVD #722	 	PEMBROKE PINES	 	FL	 	33026	 	Bank of America	 	N/A	 	XXXXXX
	4	 	399	 				 	VISTA RIDGE MALL	 	2401 S STEMMONS FRWY#1426	 	LEWISVILLE	 	TX	 	75067	 	Bank of America	 	N/A	 	XXXXXX
	4	 	421	 	 	957	  	 	BAYBROOK MALL	 	1312 BAYBROOK MALL	 	FRIENDSWOOD	 	TX	 	77546	 	Bank of America	 	N/A	 	XXXXXX
	4	 	424	 				 	ARROWHEAD TOWN CENTER	 	7700 W. ARROWHEAD CENTER	 	GLENDALE	 	AZ	 	85308	 	Bank of America	 	N/A	 	XXXXXX
	4	 	428	 				 	HILLSDALE CENTER	 	642 N. Midvale Blvd, suite c-2	 	MADISON	 	WI	 	53703	 	N/A	 	M&I Bank	 	XXXXXX
	4	 	431	 				 	COLUMBIA MALL	 	2322 COLUMBIA MALL	 	COLUMBIA	 	MD	 	21044	 	Bank of America	 	N/A	 	XXXXXX
	4	 	443	 				 	MEADOWWOOD CIRCLE MALL	 	5183 MEADOWWOOD CIRCLE	 	RENO	 	NV	 	89502	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	451	 	 	964	  	 	NORTHRIDGE FASHION CENTER	 	9301 TAMPA AVENUE	 	NORTHRIDGE	 	CA	 	91324	 	Bank of America	 	N/A	 	XXXXXX
	4	 	455	 				 	SERRAMONTE CENTER	 	37 SERRAMONTE CENTER	 	DALY CITY	 	CA	 	94015	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	458	 				 	CITADEL MALL	 	750 CITADEL DRIVE EAST 2144	 	COLORADO SPRINGS	 	CO	 	80909	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	461	 				 	MONTEBELLO TOWN CENTER	 	1856 MONTEBELLO TOWN CENT	 	MONTEBELLO	 	CA	 	90640	 	Bank of America	 	N/A	 	XXXXXX
	4	 	462	 				 	FASHION PLACE	 	6191 SOUTH STATE	 	MURRAY	 	UT	 	84107	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	463	 				 	PHEASANT LANE	 	310 DANIEL WEBSTER HWY.	 	NASHUA	 	NH	 	3060	 	Bank of America	 	N/A	 	XXXXXX
	4	 	465	 				 	UNIVERSITY MALL	 	575 EAST UNIVERSITY PARKWAY	 	OREM	 	UT	 	84097	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	469	 	 	1221	  	 	WOODLANDS MALL	 	1201 LAKE WOODLANDS DRIVE	 	WOODLANDS	 	TX	 	77380	 	Bank of America	 	N/A	 	XXXXXX
	4	 	470	 				 	MIDRIVERS MALL	 	MIDRIVERS MALL	 	ST PETERS	 	MO	 	63376	 	Bank of America	 	N/A	 	XXXXXX
	4	 	475	 	 	951	  	 	DEL AMO FASHION CENTER	 	DEL AMO FASHION SQUARE	 	TORRANCE	 	CA	 	90503	 	Bank of America	 	N/A	 	XXXXXX
	4	 	476	 				 	FOUR SEASONS	 	FOUR SEASONS	 	GREENSBORO	 	NC	 	27407	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	479	 	 	1223	  	 	ROCKINGHAM PARK	 	99 ROCKINGHAM PARK	 	SALEM	 	NH	 	3079	 	Bank of America	 	N/A	 	XXXXXX
	4	 	480	 	 	115	  	 	SANTA ANITA FASHION PARK	 	603 SANTA ANITA FASHION PARK	 	ARCADIA	 	CA	 	91006	 	Bank of America	 	N/A	 	XXXXXX
	4	 	482	 	 	133	  	 	RIDGEDALE MALL	 	12327 WAYZATA BLVD	 	MINNETONKA	 	MN	 	55305	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	483	 				 	CIELO VISTA MALL	 	CIELO VISTA MALL	 	EL PASO	 	TX	 	79925	 	Bank of America	 	N/A	 	XXXXXX
	4	 	484	 	 	749	  	 	WASHINGTON SQUARE	 	9493 SW WASHINGTON SQUARE RD	 	PORTLAND	 	OR	 	97223	 	Bank of America	 	N/A	 	XXXXXX
	4	 	486	 				 	SANTA ROSA PLZA	 	1036 SANTA ROSA PLAZA	 	SANTA ROSA	 	CA	 	95401	 	Bank of America	 	N/A	 	XXXXXX
	4	 	488	 	 	872	  	 	QUAKERBRIDGE MALL	 	150 QUAKER BRIDGE MALL	 	LAWRENCEVILLE	 	NJ	 	8648	 	Bank of America	 	N/A	 	XXXXXX
	4	 	490	 				 	COLUMBIA MALL	 	7201/AL-154 TWO NOTCH RD	 	COLUMBIA	 	SC	 	29223	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	491	 				 	MONTGOMERY MALL	 	7101 DEMOCRACY BLVD 255	 	BETHESDA	 	MD	 	20817	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	492	 	 	1209	  	 	TYSONS CORNER	 	1961 CHAIN BRIDGE ROAD	 	MCLEAN	 	VA	 	22102	 	Capital One Bank	 	N/A	 	XXXXXX
	4	 	495	 				 	WHEATON PLAZA	 	11160 VEIRS ROAD	 	WHEATON	 	MD	 	20902	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	498	 				 	NEWPORT CENTRE	 	30-264 MALL DRIVE	 	JERSEY CITY	 	NJ	 	7310	 	Bank of America	 	N/A	 	XXXXXX
	4	 	501	 				 	WESTFIELD SHOPPINGTOWN OAKRIDGE	 	925 BLOSSOM HILL ROAD	 	SAN JOSE	 	CA	 	95123	 	Bank of America	 	N/A	 	XXXXXX
	4	 	506	 	 	1202	  	 	BOISE TOWN CENTER	 	350 N. MILWALUKEE	 	BOISE	 	ID	 	83704	 	Bank of America	 	N/A	 	XXXXXX
	4	 	508	 				 	TWELVE OAKS MALL	 	27378 NOVI ROAD	 	NOVI	 	MI	 	48377	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	509	 	 	919	  	 	UNIVERSITY TOWN CENTER	 	4485 LAJOLLA VILLAGE	 	SAN DIEGO	 	CA	 	92122	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	512	 				 	LOUIS JOLIET	 	1488 LOUIS JOLIET MALL	 	JOLIET	 	IL	 	60435	 	N/A	 	First American Bank	 	XXXXXX
	4	 	517	 				 	CAPITOLA MALL	 	1855 41ST AVE #487	 	CAPITOLA	 	CA	 	95010	 	Bank of America	 	N/A	 	XXXXXX
	4	 	521	 				 	GALLERIA AT SUNSET	 	1300 WEST SUNSET BLVD.	 	HENDERSON	 	NV	 	89015	 	Bank of America	 	N/A	 	XXXXXX
	4	 	522	 				 	KING OF PRUSSIA PLAZA	 	160 N. GULPH RD	 	KING OF PRUSSIA	 	PA	 	19406	 	Citizens Bank	 	N/A	 	XXXXXX
	4	 	526	 				 	OAKVIEW MALL	 	3001 S. 144TH STREET	 	OMAHA	 	NE	 	68144	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	527	 				 	STATEN ISLAND MALL	 	2655 RICKMOND AVEENUE	 	STATEN ISLAND	 	NY	 	10314	 	1st Niagara Bank	 	N/A	 	XXXXXX
	4	 	528	 				 	WESTSIDE PAVILLION	 	10800 WEST PICO BLVD.	 	LOS ANGELES	 	CA	 	90064	 	Bank of America	 	N/A	 	XXXXXX
	4	 	529	 				 	AUGUSTA MALL	 	3450 WRIGHTSBORO RD	 	AUGUSTA	 	GA	 	30909	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	530	 				 	CRYSTAL MALL	 	850 HARTFORD TNPK	 	WATERFORD	 	CT	 	6385	 	N/A	 	People's United Bank	 	XXXXXX
	4	 	531	 	 	1215	  	 	EMERALD SQUARE	 	999 S. WASHINGTON ST	 	NORTH ATTLEBORO	 	MA	 	2760	 	Bank of America	 	N/A	 	XXXXXX

  

					
	11/1/2012	  	2 of 7	  	Retail Location DDAs

 Sch. 5.21 Retail DDAs 

 

																					
	 CO
	 	STORE	 	SUPER	 	 MALL
	 	 ADDRESS
	 	 CITY
	 	STATE	 	ZIP	 	 CONSOLIDATED
	 	 NONCONSOLIDATED
	 	ACCOUNT #
	4	 	532	 		 	MAINE MALL	 	364 MAINE MALL ROAD	 	SOUTH PORTLAND	 	ME	 	4106	 	Bank of America	 	N/A	 	XXXXXX
	4	 	536	 		 	MALL AT ARDEN FAIR	 	1689 ARDEN WAY	 	SACRAMENTO	 	CA	 	95815	 	Bank of America	 	N/A	 	XXXXXX
	4	 	539	 		 	SEMINOLE TOWNE CENTER	 	283 TOWN CENTER CIRCLE	 	SANFORD	 	FL	 	32771	 	Regions	 	N/A	 	XXXXXX
	4	 	543	 		 	KINGS PLAZA	 	5377 KINGS PLAZA	 	BROOKLYN	 	NY	 	11234	 	Bank of America	 	N/A	 	XXXXXX
	4	 	545	 		 	VALENCIA TOWN CENTER	 	24201 W VALENCIA BLVD	 	VALENCIA	 	CA	 	91355	 	Bank of America	 	N/A	 	XXXXXX
	4	 	546	 		 	TOWN EAST MALL	 	2204 TOWN EAST MALL	 	MESQUITE	 	TX	 	75150	 	Bank of America	 	N/A	 	XXXXXX
	4	 	548	 		 	TRI-COUNTY MALL	 	11700 PRINCETON PIKE	 	CINCINNATI	 	OH	 	45246	 	US Bank	 	N/A	 	XXXXXX
	4	 	549	 		 	THE PARKS AT ARLINGTON	 	3811 S COOPER ST	 	ARLINGTON	 	TX	 	76015	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	551	 		 	CUMBERLAND MALL	 	1405 CUMBERLAND MALL	 	ATLANTA	 	GA	 	30339	 	Bank of America	 	N/A	 	XXXXXX
	4	 	554	 		 	WOODLAND MILLS MALL	 	7021 S. MEMORIAL DRIVE	 	TULSA	 	OK	 	74133	 	Bank of America	 	N/A	 	XXXXXX
	4	 	555	 	956	 	SUGAR LAND TOWN SQUARE	 	16205 CITY WALK	 	SUGAR LAND	 	TX	 	77479	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	557	 	1212	 	WOLFCHASE GALLERIA	 	2760 N. GERMANTOWN PKWY	 	MEMPHIS	 	TN	 	38133	 	First Tennessee	 	N/A	 	XXXXXX
	4	 	560	 		 	LLOYD CENTER	 	2201 LLOYD CENTER	 	PORTLAND	 	OR	 	97232	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	563	 		 	CORONADO CENTER	 	6600 MENAUL BLVD., NE	 	ALBUQUERQUE	 	NM	 	87110	 	Bank of America	 	N/A	 	XXXXXX
	4	 	564	 		 	CHESTERFIELD TOWN CENTER	 	11500 MIDLOTHIAN TURNPIKE	 	RICHMOND	 	VA	 	23235	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	566	 		 	SUPERSTITION SPRINGS CENTER	 	6555 E. SOUTHERN AVENUE	 	MESA	 	AZ	 	85206	 	Bank of America	 	N/A	 	XXXXXX
	4	 	568	 		 	SPRINGFIELD MALL	 	1250 BLTIMORE PIKE	 	SPRINGFIELD	 	PA	 	19064	 	Citizens Bank	 	N/A	 	XXXXXX
	4	 	570	 		 	ST. CLAIR SQUARE	 	154 ST. CLAIR SQUARE	 	FAIRVIEW HEIGHTS	 	IL	 	62208	 	Regions	 	N/A	 	XXXXXX
	4	 	573	 		 	WEST TOWN MALL	 	7600 KINGSTON PIKE	 	KNOXVILLE	 	TN	 	37919	 	First Tennessee	 	N/A	 	XXXXXX
	4	 	575	 		 	GREENDALE CENTER	 	789 US 31 NORTH	 	GREENWOOD	 	IN	 	46142	 	Fifth Third Bank	 	N/A	 	XXXXXX
	4	 	577	 	1214	 	FOX RIVER MALL	 	4301 W. WISCONSIN AVE.	 	APPLETON	 	WI	 	54915	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	579	 		 	ST. CHARLES TOWN CENTER	 	11110 MALL CIRCLE	 	WALDORF	 	MD	 	20603	 	M&T Bank	 	N/A	 	XXXXXX
	4	 	593	 	164	 	CAROUSEL CENTER	 	9597 CAROUSEL CENTER	 	SYRACUSE	 	NY	 	13290	 	M&T Bank	 	N/A	 	XXXXXX
	4	 	595	 	50	 	STONERIDGE MALL	 	2121 STONERIDGE MALL	 	PLEASANTON	 	CA	 	94588	 	US Bank	 	N/A	 	XXXXXX
	4	 	597	 	135	 	EASTVIEW MALL	 	708 EASTVIEW MALL	 	VICTOR	 	NY	 	14564	 	N/A	 	Canadaigua National Bank & Trust	 	XXXXXX
	6	 	600	 	40	 	FRANKLIN MILLS MALL	 	1574 FRANKLIN MILLS CIRCLE	 	PHILADELPHIA	 	PA	 	19154	 	Citizens Bank	 	N/A	 	XXXXXX
	6	 	603	 	44	 	POTOMAC MILLS OUTLET	 	2700 POTOMAC MILLS CIRCLE	 	PRINCE WILLIAM	 	VA	 	22192	 	PNC Bank	 	N/A	 	XXXXXX
	6	 	604	 	181	 	SAWGRASS MILLS MALL	 	12801 WEST SUNRISE BLVD	 	SUNRISE	 	FL	 	33323	 	Bank of America	 	N/A	 	XXXXXX
	6	 	606	 	182	 	PRIME OUTLETS SAN MARCOS	 	3939 I-35 SOUTH	 	SAN MARCOS	 	TX	 	78666	 	Bank of America	 	N/A	 	XXXXXX
	6	 	609	 	183	 	ELLENTON PRIME OUTLETS	 	5277 FACTORY SHOPS BLVD	 	ELLENTON	 	FL	 	34222	 	SunTrust	 	N/A	 	XXXXXX
	6	 	610	 	188	 	CASTLE ROCK PRIME OUTLETS'	 	5050 FACTORY STORES BLVD	 	CASTLE ROCK	 	CO	 	80108	 	Wells Fargo	 	N/A	 	XXXXXX
	6	 	611	 	89	 	GURNEE MILLS MALL	 	6170 W GRAND AVE	 	GURNEE	 	IL	 	60031	 	JP Morgan Chase	 	N/A	 	XXXXXX
	6	 	612	 	112	 	BIRCH RUN PRIME OUTLETS	 	12158 BEYER ROAD	 	BIRCH RUN	 	MI	 	48415	 	PNC Bank	 	N/A	 	XXXXXX
	6	 	613	 	184	 	CONROE PRIME OUTLETS	 	1111 LEAGUE LINE RD	 	CONROE	 	TX	 	77303	 	JP Morgan Chase	 	N/A	 	XXXXXX
	6	 	614	 	127	 	JEFFERSONVILLE PRIME OUTLETS	 	8000 FACTORY SHOPS BLVD	 	JEFFERSONVILLE	 	OH	 	43128	 	Fifth Third Bank	 	N/A	 	XXXXXX
	6	 	615	 	189	 	GILROY PRIME OUTLETS	 	684 LEAVESLEY	 	GILROY	 	CA	 	95020	 	Bank of America	 	N/A	 	XXXXXX
	6	 	616	 	190	 	PETALUMA VLG FCTRY OTLTS	 	2200 PETALUMA BLVD NORTH	 	PETALUMA	 	CA	 	94952	 	Wells Fargo	 	N/A	 	XXXXXX
	6	 	618	 	186	 	VERO BEACH PRIME OUTLETS	 	1856 94TH DR.	 	VERO BEACH	 	FL	 	32966	 	Wells Fargo	 	N/A	 	XXXXXX
	6	 	620	 	75	 	RIVERHEAD TANGER FACTORY OUTLETS	 	1770 W.MAIN	 	RIVERHEAD	 	NY	 	11901	 	Bank of America	 	N/A	 	XXXXXX
	6	 	624	 	128	 	FACTORY OUTLET VILLAGE	 	4540 HIGHWAY 54	 	OSAGE BEACH	 	MO	 	65065	 	N/A	 	First Bank of the Lake	 	XXXXXX
	6	 	625	 	196	 	ST. AUGUSTINE OUTLET CENTER	 	2700 STATE ROAD	 	ST AUGUSTINE	 	FL	 	32092	 	Wells Fargo	 	N/A	 	XXXXXX
	6	 	626	 	130	 	LIGHTHOOUSE PLACE PREMIUM OUTLETS	 	118 LIGHTHOUSE PLACE	 	MICHIGAN CITY	 	IN	 	46360	 	Fifth Third Bank	 	N/A	 	XXXXXX
	6	 	627	 	197	 	COMMERCE II TANGER OUTLET CENTER	 	800 STEVEN B. TANGER BLVD	 	COMMERCE	 	GA	 	30529	 	N/A	 	Community Bank & Trust	 	XXXXXX
	6	 	628	 	167	 	WILLIAMSBURG TANGER FACTORY OUTLETS	 	TANGER DRIVE #110	 	WILLIAMSBURG	 	IA	 	52361	 	N/A	 	Keokuk County State Bank	 	XXXXXX
	6	 	630	 	170	 	EDINBURGH PREMIUM OUTLETS	 	3155 OUTLET DRIVE	 	EDINBURGH	 	IN	 	46124	 	N/A	 	Main Source Bank	 	XXXXXX
	6	 	631	 	198	 	RIVIERIA CENTRE FACTORY	 	2601 S. MCKENZIE ST	 	FOLEY	 	AL	 	36535	 	Regions	 	N/A	 	XXXXXX
	6	 	634	 	204	 	SILVER SANDS FACTORY STRS	 	10676 W EMERALD COAST PARKWAY	 	DESTIN	 	FL	 	32550	 	Regions	 	N/A	 	XXXXXX
	6	 	637	 	193	 	CAMARILLO FACTRY OUTLTS	 	740 VENTURA BLVD	 	CAMARILLO	 	CA	 	93010	 	Wells Fargo	 	N/A	 	XXXXXX
	6	 	642	 	79	 	LANCASTER TANGER FACTORY OUTLETS	 	STANLEY K TANGER BLVD	 	LANCASTER	 	PA	 	17602	 	Wells Fargo	 	N/A	 	XXXXXX
	6	 	644	 	85	 	WESTBROOK FACTORY STORES	 	314 FLATROCK PL.	 	WESTBROOK	 	CT	 	6498	 	Citizens Bank	 	N/A	 	XXXXXX
	6	 	645	 	194	 	SUPER MALL OF THE GREAT NORTHWEST	 	1101 SUPER MALL WAY	 	AUBURN	 	WA	 	98001	 	Wells Fargo	 	N/A	 	XXXXXX
	6	 	649	 	210	 	NORTH GEORGIA PREMIUM OUTLETS	 	800 HWY., 400 SOUTH	 	DAWSONVILLE	 	GA	 	30534	 	N/A	 	United Community Bank	 	XXXXXX
	6	 	652	 	87	 	SECAUCUS ROAD	 	900 A SECAUCUS ROAD	 	SECAUCUS	 	NJ	 	7094	 	JP Morgan Chase	 	N/A	 	XXXXXX
	6	 	653	 	226	 	GROVE CITY PRIME OUTLETS	 	1-79 & RT. 208	 	GROVE CITY	 	PA	 	16127	 	PNC bank	 	N/A	 	XXXXXX
	6	 	655	 	179	 	GRAPEVINE MILLS	 	3000 GRAPEVINE MILLS PKWY	 	GRAPEVINE	 	TX	 	76051	 	Bank of America	 	N/A	 	XXXXXX
	6	 	656	 	899	 	CARLSBAD OUTLETS	 	5630 PASEO DEL NORTE	 	CARLSBAD	 	CA	 	92008	 	Wells Fargo	 	N/A	 	XXXXXX
	6	 	658	 	769	 	GREAT MALL	 	266 GREAT MALL DRIVE	 	MILPITAS	 	CA	 	95035	 	Wells Fargo	 	N/A	 	XXXXXX
	6	 	664	 	837	 	WRENTHAM OUTLET VILLAGE	 	1 PREMIUM OUTLET BLVD	 	WRENTHAM	 	MA	 	2093	 	N/A	 	Wrentham Cooperative Bank	 	XXXXXX
	6	 	680	 	380	 	NUT TREE	 	311-H NUT TREE ROAD	 	VACAVILLE	 	CA	 	95688	 	Bank of America	 	N/A	 	XXXXXX
	4	 	732	 		 	AUBURN MALL	 	385 SOUTHBRIDGE STREET	 	AUBURN	 	MA	 	1501	 	Bank of America	 	N/A	 	XXXXXX
	4	 	733	 		 	RUSHMORE MALL	 	220 NORTH MAPLE,	 	RAPID CITY	 	SD	 	57701	 	US Bank	 	N/A	 	XXXXXX
	4	 	734	 		 	INDEPENDENCE MALL	 	3500 OLEANDER DRIVE	 	WILMINGTON	 	NC	 	28403	 	Bank of America	 	N/A	 	XXXXXX
	4	 	748	 		 	CHARLESTON TOWN CENTER	 	2003 CHARLESTON TOWN CENTER	 	CHARLESTON	 	WV	 	25389	 	BB&T	 	N/A	 	XXXXXX
	4	 	764	 		 	GREENBRIAR MALL	 	1401 GREENBRIAR PKWY	 	CHESAPEAKE	 	VA	 	23320	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	765	 		 	WHITE OAKS MALL	 	2501 WEST WABASH AVENUE	 	SPRINGFIELD	 	IL	 	62704	 	PNC Bank	 	N/A	 	XXXXXX
	4	 	767	 		 	TOWNE CENTER MALL	 	1200S. TOWNE CENTER	 	PROVO	 	UT	 	84601	 	Wells Fargo	 	N/A	 	XXXXXX
	6	 	770	 	662	 	HAGERSTOWN PRIME OUTLETS	 	320 PRIME OUTLETS BLVD	 	HAGERSTOWN	 	MD	 	21740	 	M&T Bank	 	N/A	 	XXXXXX
	6	 	771	 	663	 	GREAT LAKES CROSSING	 	4686 BALDWIN ROAD	 	AUBURN HILLS	 	MI	 	48326	 	Bank of America	 	N/A	 	XXXXXX
	4	 	787	 		 	FOX RUN MALL	 	FOX RUN ROAD	 	NEWINGTON	 	NH	 	3801	 	N/A	 	TD Banknorth	 	XXXXXX
	9	 	801	 		 	FASHION VALLEY	 	7007 FRIARS	 	SAN DIEGO	 	CA	 	92108	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	811	 		 	HOUSTON GALLERIA	 	5085 WESTHEIMER	 	HOUSTON	 	TX	 	77056	 	Compass Bank	 	N/A	 	XXXXXX
	9	 	830	 		 	ARDEN FAIR MALL	 	1689 ARDEN WAY	 	SACRAMENTO	 	CA	 	95815	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	835	 		 	NEWBURY STREET	 	10 NEWBURY STREET	 	BOSTON	 	MA	 	2116	 	Bank of America	 	N/A	 	XXXXXX
	9	 	841	 		 	THE GALLERIA IN MOUNT LEBANON	 	1500 WASHINGTON RD.	 	MT. LEBANON	 	PA	 	15228	 	Fifth Third Bank	 	N/A	 	XXXXXX
	9	 	845	 		 	GATEWAY	 	51 SOUTH RIO GRANDE	 	SALT LAKE CITY	 	UT	 	84101	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	850	 		 	BURLINGTON MALL	 	75 MIDDLESEX TURNPIKE	 	BURLINGTON	 	MA	 	1803	 	Bank of America	 	N/A	 	XXXXXX
	4	 	853	 		 	CAMBRIDGESIDE GALLERIA	 	100 CAMBRIDGESIDE PLACE	 	CAMBRIDGE	 	MA	 	2141	 	Bank of America	 	N/A	 	XXXXXX
	4	 	857	 		 	NORTH POINT MARKET CNTR	 	6270 NORTH POINTE PKWY.	 	ALPHARETTA	 	GA	 	30022	 	Bank of America	 	N/A	 	XXXXXX
	4	 	858	 		 	FAIRFIELD MALL	 	2727 FAIRFIELD COMMONS	 	BEAVER CREEK	 	OH	 	45431	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	860	 	69	 	HILLSDALE CENTER	 	233 HILLSDALE CENTER	 	SAN MATEO	 	CA	 	94403	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	875	 		 	TOWN CENTER @ BOCA RATON	 	6000 W GLADES ROAD	 	BOCA RATON	 	FL	 	33431	 	Bank of America	 	N/A	 	XXXXXX
	9	 	894	 		 	OAKBROOK CENTER	 	288 OAKBROOK CENTER	 	OAKBROOK	 	IL	 	60523	 	JP Morgan Chase	 	N/A	 	XXXXXX
	9	 	897	 		 	CLAYTON LANE	 	2751 EAST 1ST AVENUE	 	DENVER	 	CO	 	80206	 	JP Morgan Chase	 	N/A	 	XXXXXX
	3	 	902	 		 	FASHION SQUARE	 	14006 RIVERSIDE DRIVE	 	SHERMAN OAKS	 	CA	 	91423	 	Bank of America	 	N/A	 	XXXXXX
	3	 	906	 		 	CORTE MEDERA VILLAGE	 	1514 REDWOOD HIGHWAY	 	CORTE MADERA	 	CA	 	94925	 	Bank of America	 	N/A	 	XXXXXX
	3	 	913	 		 	MALL AT GREEN HILLS	 	2126 ABBOTT MARTIN ROAD	 	NASHVILLE	 	TN	 	37215	 	US Bank	 	N/A	 	XXXXXX
	3	 	914	 		 	UTICA SQUARE	 	1726 UTICA SQUARE	 	TULSA	 	OK	 	74114	 	JP Morgan Chase	 	N/A	 	XXXXXX
	3	 	921	 		 	FASHION SHOW	 	3200 LAS VEGAS BLVD SOUTH	 	LAS VEGAS	 	NV	 	89109	 	Bank of America	 	N/A	 	XXXXXX
	3	 	922	 		 	FASHION CTR AT PENTAGON	 	1100 S. HAYES	 	ARLINGTON	 	VA	 	22202	 	Capital One Bank	 	N/A	 	XXXXXX
	3	 	923	 		 	TYSONS 11 GALLERIA	 	1847G INTERNATIONAL DR	 	MCLEAN	 	VA	 	22102	 	Wells Fargo	 	N/A	 	XXXXXX
	3	 	925	 		 	MANHASSETT MALL	 	1595 NORTHERN BLVD.	 	MANHASSET	 	NY	 	11030	 	Capital One Bank	 	N/A	 	XXXXXX
	3	 	933	 		 	OAK STREET	 	46 EAST OAK STREET	 	CHICAGO	 	IL	 	60611	 	Bank of America	 	N/A	 	XXXXXX
	3	 	935	 		 	BEVERLY DRIVE	 	352 N. BEVERLY DRIVE	 	BEVERLY HILLS	 	CA	 	90210	 	Bank of America	 	N/A	 	XXXXXX
	3	 	936	 		 	SOUTH COAST PLAZA	 	3333 BEAR STREET	 	COSTA MESA	 	CA	 	92626	 	Bank of America	 	N/A	 	XXXXXX
	3	 	938	 		 	PHIPPS PLAZA	 	3500 PEACHTREE ROAD NORTH	 	ATLANTA	 	GA	 	30326	 	Bank of America	 	N/A	 	XXXXXX
	3	 	943	 		 	345 SUTTER STREET	 	345 SUTTER STREET	 	SAN FRANCISCO	 	CA	 	94108	 	Wells Fargo	 	N/A	 	XXXXXX
	3	 	946	 		 	RICE UNIVERSITY VILLAGE	 	2367 RICE BLVD.	 	HOUSTON	 	TX	 	77005	 	Compass Bank	 	N/A	 	XXXXXX
	3	 	948	 		 	REGALIA CENTER	 	6130 POPLAR AVENUE	 	MEMPHIS	 	TN	 	38119	 	Bank of America	 	N/A	 	XXXXXX
	3	 	950	 		 	KING OF PRUSSIA PLAZA	 	160 N. GULPH RD.	 	KING OF PRUSSIA	 	PA	 	19406	 	Citizens Bank	 	N/A	 	XXXXXX
	4	 	969	 	1206	 	CARY TOWNE CENTER	 	1105 WALNUT ST	 	CARY	 	NC	 	27511	 	Bank of America	 	N/A	 	XXXXXX
	3	 	973	 		 	PENN SQUARE	 	1901 NORTHWEST EXPRESSWAY	 	OKLAHOMA CITY	 	OK	 	73118	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	977	 	1204	 	COOL SPRINGS GALLERIA	 	1800 GALLERIA BLVD	 	FRANKLIN	 	TN	 	37067	 	First Tennessee	 	N/A	 	XXXXXX
	4	 	978	 		 	ABERCORN COMMON	 	8408 ABERCORN ST	 	SAVANNAH	 	GA	 	31406	 	Bank of America	 	N/A	 	XXXXXX
	4	 	979	 		 	MERIDEN SQUARE	 	470 LEWIS AVENUE	 	MERIDEN	 	CT	 	6451	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	980	 		 	ANTELOPE VALLEY MALL	 	1233 WEST AVENUE P	 	PALMDALE	 	CA	 	93551	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	982	 		 	PINNACLE HILLS PROMENADE	 	1122 PINNACLE HILLS PROMENADE	 	ROGERS	 	AR	 	72703	 	N/A	 	First Federal	 	XXXXXX
	4	 	983	 		 	BATTLEFIELD MALL	 	2825 S. GLENSTONE	 	SPRINGFIELD	 	MO	 	65804	 	Bank of America	 	N/A	 	XXXXXX
	4	 	984	 		 	VANCOUVER MALL	 	8700 NE VANCOUVER MALL DR.	 	VANCOUVER	 	WA	 	98662	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	985	 		 	PIERRE BOSSIER MALL	 	2950 EAST TEXAS STREET	 	BOSSIER CITY	 	LA	 	71111	 	Regions	 	N/A	 	XXXXXX
	4	 	989	 	1011	 	PADRE STAPLES MALL	 	5488 PADRE STAPLES	 	CORPUS CHRISTI	 	TX	 	78411	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1100	 		 	COLUMBIA MALL	 	10300 LITTLE PATUXENT PWKY	 	COLUMBIA	 	MD	 	21044	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1105	 	1929	 	EASTWOOD TOWN CENTER	 	3008 TOWN CENTER BLVD	 	LANSING	 	MI	 	48912	 	Fifth Third Bank	 	N/A	 	XXXXXX
	9	 	1108	 		 	STREETS OF TANASBOURNE	 	2135 NW ALLIE AVENUE	 	HILLSBORO	 	OR	 	97124	 	US Bank	 	N/A	 	XXXXXX
	9	 	1111	 	1930	 	GENEVA COMMONS	 	1440 COMMONS DRIVE	 	GENEVA	 	IL	 	60134	 	Bank of America	 	N/A	 	XXXXXX

  

					
	11/1/2012	  	3 of 7	  	Retail Location DDAs

 Sch. 5.21 Retail DDAs 

 

																					
	 CO
	 	STORE	 	SUPER	 	 MALL
	 	 ADDRESS
	 	 CITY
	 	STATE	 	ZIP	 	 CONSOLIDATED
	 	 NONCONSOLIDATED
	 	ACCOUNT #
	9	 	1113	 	4151	 	PALISADES MALL	 	2780 PALISADES CENTER DRIVE	 	WEST NYACK	 	NY	 	10994	 	JP Morgan Chase	 	N/A	 	XXXXXX
	9	 	1120	 		 	BARTON CREEK SQUARE	 	2901 CAPITAL OF TEXAS HWY	 	AUSTIN	 	TX	 	78746	 	JP Morgan Chase	 	N/A	 	XXXXXX
	9	 	1131	 		 	THE AVENUE EAST COBB	 	4475 ROSWELL ROAD	 	MARIETTA	 	GA	 	30062	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	1135	 	1963	 	FASHION MALL AT KEYSTONE	 	8702 KEYSTONE CROSSING	 	INDIANAPOLIS	 	IN	 	46240	 	JP Morgan Chase	 	N/A	 	XXXXXX
	9	 	1136	 	1965	 	TOWSON TOWN CENTER	 	825 DULANEY VALLEY ROAD	 	BALTIMORE	 	MD	 	21204	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1137	 	1966	 	BRIDGEWATER COMMONS	 	400 COMMONS WAY	 	BRIDGEWATER	 	NJ	 	8807	 	PNC Bank	 	N/A	 	XXXXXX
	9	 	1138	 	1953	 	4420 13TH AVENUE	 	4420 13TH AVENUE	 	BROOKLYN	 	NY	 	11219	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1139	 	1970	 	THE GARDENS	 	3101 PGA BLVD	 	PALM BEACH	 	FL	 	33410	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	1140	 	1971	 	GLENDALE GALLERIA	 	2189 GLENDALE GALLERIA	 	GLENDALE	 	CA	 	91210	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1141	 	1973	 	DANBURY SQUARE	 	15 BACKUS AVENUE	 	DANBURY	 	CT	 	6810	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	1142	 	1975	 	NORTHEAST MALL	 	1101 MELBOURNE ROAD	 	HURST	 	TX	 	76053	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1143	 	1976	 	BRIARWOOD MALL	 	100 BRIARWOOD CIRCLE	 	ANN ARBOR	 	MI	 	48108	 	JP Morgan Chase	 	N/A	 	XXXXXX
	9	 	1144	 	1979	 	1615 WALNUT STREET	 	1615 WALNUT STREET	 	PHILADELPHIA	 	PA	 	19102	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	1145	 	1980	 	PERIMETER MALL	 	4400 ASHFORD-DUNWOODY RD	 	ATLANTA	 	GA	 	30346	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1146	 	1981	 	NORTHSHORE MALL	 	210 ANDOVER STREET	 	PEABODY	 	MA	 	1960	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1147	 	1989	 	BEACHWOOD PLACE	 	26300 CEDAR ROAD	 	CLEVELAND	 	OH	 	44122	 	N/A	 	Ohio Savings	 	XXXXXX
	9	 	1148	 	1996	 	CHRISTIANA MALL	 	715 CHRISTIANA MALL	 	NEWARK	 	DE	 	19702	 	PNC Bank	 	N/A	 	XXXXXX
	9	 	1149	 	4000	 	HAYWOOD MALL	 	700 HAYWOOD ROAD	 	GREENVILLE	 	SC	 	29607	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	1150	 	4113	 	SOUTHSHORE MALL	 	250 GRANITE STREET	 	BRAINTREE	 	MA	 	2184	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1152	 	4131	 	KENWOOD TOWNE CENTRE	 	7875 MONTGOMERY ROAD	 	CINCINNATI	 	OH	 	45236	 	US Bank	 	N/A	 	XXXXXX
	9	 	1158	 	4140	 	MONROEVILLE MALL	 	MONROEVILLE MALL	 	MONROEVILLE	 	PA	 	15146	 	PNC bank	 	N/A	 	XXXXXX
	9	 	1159	 	4142	 	SOMERSET COLLECTION	 	2800 W BIG BEAVER ROAD	 	TROY	 	MI	 	48084	 	PNC Bank	 	N/A	 	XXXXXX
	9	 	1160	 	4147	 	259 WALT WHITMAN RD	 	259 WALT WHITMAN ROAD	 	HUNTINGTON STATION	 	NY	 	11746	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1161	 	4148	 	BREA MALL	 	2121 BREA MALL	 	BREA	 	CA	 	92821	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	1162	 	4152	 	8TH & BELLEVUE	 	10300 N.E. 8TH STREET	 	BELLEVUE	 	WA	 	98004	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1163	 	4153	 	WEST COUNTY MALL	 	70 WEST COUNTY CENTER	 	ST. LOUIS	 	MO	 	63131	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1164	 	4154	 	5539 LBJ FREEWAY	 	5539 LBJ FREEWAY	 	DALLAS	 	TX	 	75240	 	JP Morgan Chase	 	N/A	 	XXXXXX
	9	 	1165	 	4155	 	THE FALLS	 	8888 SW 136TH STREET	 	MIAMI	 	FL	 	33176	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1166	 	4156	 	LINCOLN PARK	 	7700 W NORTHWEST HWY	 	DALLAS	 	TX	 	75225	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	1168	 	4158	 	THE SOURCE AT WHITE PLAINS	 	5 MAPLE AVENUE	 	WHITE PLAINS	 	NY	 	10605	 	JP Morgan Chase	 	N/A	 	XXXXXX
	9	 	1169	 	4159	 	DADELAND MALL	 	7247 DADELAND MALL	 	MIAMI	 	FL	 	33156	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	1170	 	4160	 	EVERGREEN WALK	 	510 EVERGREEN WAY	 	SOUTH WINDSOR	 	CT	 	6074	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1171	 	4162	 	THE COLONNADE	 	9802 COLONNADE BLVD	 	SAN ANTONIO	 	TX	 	78230	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1172	 	4165	 	ROUTE 9	 	104 WORCESTER ROAD	 	NATICK	 	MA	 	1760	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1173	 	4166	 	SHARON CORNERS	 	4716 SHARON ROAD	 	CHARLOTTE	 	NC	 	28210	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1182	 	4170	 	FOUNTAIN SQUARE	 	16010 W BLUEMOUND ROAD	 	BROOKFIELD	 	WI	 	53005	 	US Bank	 	N/A	 	XXXXXX
	9	 	1183	 	4173	 	FRANKLIN PARK	 	5001 MONROE STREET	 	TOLEDO	 	OH	 	43623	 	Key Bank	 	N/A	 	XXXXXX
	9	 	1184	 	4174	 	ACADIANA MALL	 	5727 JOHNSON STREET	 	LAFAYETTE	 	LA	 	70503	 	JP Morgan Chase	 	N/A	 	XXXXXX
	9	 	1189	 	4175	 	OLD ORCHARD	 	34 OLD ORCHARD CENTER	 	SKOKIE	 	IL	 	60077	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1190	 	4191	 	LA PLAZA MALL	 	2200 S 10TH STREET	 	MCALLEN	 	TX	 	78503	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	1192	 	4192	 	SHOPS AT MISSION VIEJO	 	555 THE SHOPS AT VIEJO	 	MISSION VIEJO	 	CA	 	92691	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1195	 	4197	 	575 MADISON AVENUE	 	28 EAST 57TH STREET	 	NEW YORK	 	NY	 	10022	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1197	 	4199	 	35 PLAZA	 	65 EAST RT 4 WEST	 	PARAMUS	 	NJ	 	7652	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1198	 	4200	 	SHOPS AT RIVERPARK	 	40 E VIA DEL ORO	 	FRESNO	 	CA	 	93720	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1233	 		 	FLATIRON CROSSING	 	ONE WEST FLATIRON CRSSING DR	 	BROOMFIELD	 	CO	 	80021	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	1261	 	4144	 	GLEN EAGLE SQUARE	 	529 WILM WEST CHESTER PK	 	GLEN MILLS	 	PA	 	19342	 	PNC Bank	 	N/A	 	XXXXXX
	3	 	1278	 		 	MERRICK PARK	 	350 AVE SAN LORENZO	 	CORAL GABLES	 	FL	 	33146	 	JP Morgan Chase	 	N/A	 	XXXXXX
	9	 	1280	 	1837	 	PASEO COLORADO	 	380 E COLORADO BLVD	 	PASADENA	 	CA	 	91101	 	Bank of America	 	N/A	 	XXXXXX
	3	 	1286	 		 	VALLEY FAIR	 	2855 STEVENS CREEK BLVD	 	SANTA CLARA	 	CA	 	95050	 	Bank of America	 	N/A	 	XXXXXX
	9	 	1297	 		 	BAY STREET EMERYVILLE	 	5683 BAY STREET	 	EMERYVILLE	 	CA	 	94608	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1300	 		 	PROMENADE IN TEMECULA	 	40820 WINCHESTER RD	 	TEMECULA	 	CA	 	92591	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1303	 		 	LOGAN VALLEY MALL	 	RTE. 220 & GOODS LA	 	ALTOONA	 	PA	 	16601	 	N/A	 	First Commonwealth Bank	 	XXXXXX
	4	 	1306	 		 	TURTLE CREEK MALL	 	1000 TURTLE CREEK DRIVE	 	HATTIESBURG	 	MS	 	39402	 	Regions	 	N/A	 	XXXXXX
	4	 	1313	 		 	CHAPEL HILLS MALL	 	1710 BRIARGATE BLVD	 	COLORADO SPRINGS	 	CO	 	80920	 	US Bank	 	N/A	 	XXXXXX
	4	 	1316	 		 	WESTGATE MALL	 	7701 W. I-40	 	AMARILLO	 	TX	 	79121	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1317	 		 	DULLES TOWN CENTER	 	21100 DULLES TOWN CENTER	 	DULLES	 	VA	 	20166	 	Capital One Bank	 	N/A	 	XXXXXX
	4	 	1324	 		 	WEBERSTON MALL	 	4950 PACIFIC MALL	 	STOCKTON	 	CA	 	95207	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1325	 		 	FRONTIER MALL	 	1400 DEL RANGE BLVD	 	CHEYENNE	 	WY	 	82009	 	US Bank	 	N/A	 	XXXXXX
	4	 	1326	 		 	KIRKWOOD MALL	 	705 KIRKWOOD MALL	 	BISMARCK	 	ND	 	58504	 	N/A	 	Kirkwood Bank & Trust	 	XXXXXX
	4	 	1327	 		 	PARMATOWN MALL	 	8031 W. RIDGEWOOD DR	 	PARMA	 	OH	 	44129	 	Key Bank	 	N/A	 	XXXXXX
	6	 	1335	 	1607	 	THE MAINE OUTLET	 	US RTE 1 & EXIT 3A	 	KITTERY	 	ME	 	3904	 	N/A	 	TD Bank	 	XXXXXX
	4	 	1336	 		 	LAYTON HILLS MALL	 	2043 LAYTON HILLS MALL	 	LAYTON	 	UT	 	84041	 	Key Bank	 	N/A	 	XXXXXX
	4	 	1337	 		 	NESHAMINY MALL	 	718 NESHAMINY MALL	 	BENSALEM	 	PA	 	19020	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1339	 		 	ANCHORAGE 5TH AVE.	 	320 WEST 5TH AVENUE	 	ANCHORAGE	 	AK	 	99501	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1340	 		 	RIVERCHASE GALLERIA	 	2000-297 RIVERCHASE GALLE	 	BIRMINGHAM	 	AL	 	35244	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1344	 		 	ARBOR PLACE	 	1510 ARBOR PLACE MALL	 	DOUGLASVILLE	 	GA	 	30135	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1345	 		 	LAKELINE MALL	 	11200 LAKELINE MALL DR	 	CEDAR PARK	 	TX	 	78613	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1347	 		 	SARASOTA SQUARE	 	8201 S. TAMIAMI TRAIL	 	SARASOTA	 	FL	 	34238	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1348	 		 	FLORENCE MALL	 	2026 FLORENCE MALL	 	FLORENCE	 	KY	 	41042	 	Fifth Third Bank	 	N/A	 	XXXXXX
	4	 	1350	 		 	VALLEY PLAZA SHOPPING CENTER	 	2701 MING AVENUE	 	BAKERSFIELD	 	CA	 	93304	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1352	 		 	PLYMOUTH MEETING MALL	 	1145 PLYMOUTH MEETING MALL	 	PLYMOUTH MEETING	 	PA	 	19462	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1353	 		 	WOODBRIDGE CENTER	 	118 WOODBRIDGE CNTR DRIVE	 	WOODBRIDGE	 	NJ	 	7095	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1354	 		 	RIVER TOWN CROSSING	 	3700 RIVERTOWN PARKWAY	 	GRANDVILLE	 	MI	 	49418	 	PNC bank	 	N/A	 	XXXXXX
	4	 	1356	 		 	PARKDALE MALL	 	6155 EASTEX FRWY. #A-118	 	BEAUMONT	 	TX	 	77706	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1357	 		 	PENN SQUARE MALL	 	1901 MW EXPRESSWAY	 	OKLAHOMA CITY	 	OK	 	73118	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1358	 		 	SOUTHLAKE MALL	 	1941 SOUTHLAKE MALL	 	MERILVILLE	 	IN	 	46410	 	Fifth Third Bank	 	N/A	 	XXXXXX
	4	 	1359	 		 	DAYTON MALL	 	2700 MIAMISBURG-CNTRVILLE	 	DAYTON	 	OH	 	45459	 	Key Bank	 	N/A	 	XXXXXX
	4	 	1361	 		 	SOUTH COUNTY CNTR	 	309 SOUTH COUNTY WAY	 	ST. LOUIS	 	MO	 	63129	 	US Bank	 	N/A	 	XXXXXX
	4	 	1362	 		 	SOUTHERN PARK MALL	 	7401 MARKET STREET	 	YOUNGSTOWN	 	OH	 	44512	 	PNC bank	 	N/A	 	XXXXXX
	4	 	1363	 		 	BRADLEY PARK CROSSING	 	1591 BRADLEY PARK DR	 	COLUMBUS	 	GA	 	31904	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1365	 		 	WATERFORD LAKES TOWN CTR	 	385 N. ALAFAYA TRAIL	 	ORLANDO	 	FL	 	32828	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1370	 		 	GROSSMONT SHOPPING CNTR	 	5500 GROSSMONT DRIVE	 	LA MESA	 	CA	 	91942	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1371	 		 	HARDEN RANCH PLAZA	 	1620 NORTH MAIN ST	 	SALINAS	 	CA	 	93906	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1373	 		 	MALL OF GEORGIA CROSSING	 	3385 WOODWARD MILL CROSSING	 	BUFORD	 	GA	 	30519	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1374	 		 	CHINO SPECTRUM MARKET PLC	 	3926 GRAND AVE.	 	CHINO	 	CA	 	91710	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1384	 		 	MALL DEL NORTE	 	5300 N. SAN DARIO	 	LAREDO	 	TX	 	78041	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1388	 		 	TOWN CNTR @ BOCA RATON	 	136 TOWN CENTER	 	BOCA RATON	 	FL	 	33431	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1390	 		 	INGRAM PARK MALL	 	6301 NW LOOP 410	 	SAN ANTONIO	 	TX	 	78238	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1393	 		 	HOLYOKE MALL	 	50 HOLYOKE STREET	 	HOLYOKE	 	MA	 	1040	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1394	 		 	POUGHKEEPSIE GALLERIA	 	790 SOUTH ROAD	 	POUGHKEEPSIE	 	NY	 	12601	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1397	 		 	SPOKANE VALLEY MALL	 	14700 EAST INDIANA AVE	 	SPOKANE	 	WA	 	99216	 	Bank of America	 	N/A	 	XXXXXX
	6	 	1603	 	1323	 	JERSEY GARDENS MALL	 	651 KAPKOWSKI RD.	 	ELIZABETH	 	NJ	 	7201	 	Bank of America	 	N/A	 	XXXXXX
	6	 	1605	 	1332	 	CONCORD MILLS	 	8111 CONCORD MILLS BLVD	 	CONCORD	 	NC	 	28027	 	First Citizens Bank	 	N/A	 	XXXXXX
	6	 	1606	 	1333	 	KATY MILLS	 	5000 KATY MILLS CIRCLE	 	KATY	 	TX	 	77494	 	JP Morgan Chase	 	N/A	 	XXXXXX
	6	 	1608	 	1355	 	ARIZONA MILLS CIRCLE	 	5000 ARIZONA MILLS CIRCLE	 	TEMPE	 	AZ	 	85282	 	Bank of America	 	N/A	 	XXXXXX
	6	 	1609	 	1351	 	DOLPHIN MALL	 	11401 NW 12TH STREET	 	MIAMI	 	FL	 	33172	 	Bank of America	 	N/A	 	XXXXXX
	6	 	1610	 	1366	 	REHOBOTH OUTLET 3	 	36461 SEASIDE OUTLET DRIVE	 	REHOBOTH BEACH	 	DE	 	19971	 	PNC Bank	 	N/A	 	XXXXXX
	6	 	1614	 	1724	 	GULFPORT PRIME OUTLETS	 	10835 FACTORY SHOPS BLVD	 	GULFPORT	 	MS	 	39503	 	Regions	 	N/A	 	XXXXXX
	6	 	1615	 	1726	 	WOODBURN FACTORY STORES	 	1001 ARNEY ROAD	 	WOODBURN	 	OR	 	97071	 	Wells Fargo	 	N/A	 	XXXXXX
	6	 	1616	 	1730	 	ORLANDO PREMIUM OUTLET	 	8200 VINELAND AVENUE	 	ORLANDO	 	FL	 	32821	 	Bank of America	 	N/A	 	XXXXXX
	6	 	1618	 	1738	 	SEVIERVILLE TANGER FACTORY OUTLET	 	1645 PARKWAY	 	SEVIERVILLE	 	TN	 	37862	 	BB&T	 	N/A	 	XXXXXX
	6	 	1619	 	1742	 	ARUNDEL MILLS MALL	 	7000 ARUNDEL MILLS CIRCLE	 	HANOVER	 	MD	 	21076	 	Bank of America	 	N/A	 	XXXXXX
	6	 	1621	 	1757	 	BELZ FACTORY OUTLET WORLD	 	7400 LAS VEGAS BLVD	 	LAS VEGAS	 	NV	 	89123	 	Bank of America	 	N/A	 	XXXXXX
	6	 	1622	 	1774	 	BELZ FACTORY OUTLT WORLD	 	CARRETERA ESTATAL PR #3	 	CANOVANAS	 	PR	 	729	 	N/A	 	Banco Popular	 	XXXXXX
	6	 	1624	 	1783	 	WILLIAMSBURG PRIME OUTLETS	 	5709-62 RICHMOND RD	 	WILLIAMSBURG	 	VA	 	23188	 	Bank of America	 	N/A	 	XXXXXX
	6	 	1625	 	1784	 	OSHKOSH PRIME OUTLETS	 	3001 S WASHBURN STREET	 	OSHKOSH	 	WI	 	54904	 	US Bank	 	N/A	 	XXXXXX
	6	 	1626	 	1789	 	OUTLETS AT ALBERTVILLE	 	6415 LABEAUX AVE NE	 	ALBERTVILLE	 	MN	 	55301	 	N/A	 	Premier Bank Minnesota	 	XXXXXX
	6	 	1627	 	1791	 	WATERLOO PREMIUM OUTLETS	 	655 ROUTE 318	 	WATERLOO	 	NY	 	13165	 	N/A	 	Five Star Bank	 	XXXXXX
	6	 	1629	 	1801	 	INTERNATIONAL GATEWAY	 	4201 CAMINO DELA PLAZA	 	SAN DIEGO	 	CA	 	92173	 	Bank of America	 	N/A	 	XXXXXX
	6	 	1630	 	1802	 	LEESBURG CORNER PREM OTLT	 	241 FORT EVAN ROAD NE	 	LEESBURG	 	VA	 	20176	 	Bank of America	 	N/A	 	XXXXXX
	6	 	1631	 	1816	 	DISCOVER MILLS	 	5900 SUGARLOAF PARKWAY	 	LAWRENCEVILLE	 	GA	 	30043	 	Wells Fargo	 	N/A	 	XXXXXX
	6	 	1632	 	1396	 	CAROLINA PREMIUM OUTLETS	 	1025 INDUSTRIAL PARK DR	 	SMITHFIELD	 	NC	 	27577	 	First Citizens Bank	 	N/A	 	XXXXXX
	6	 	1633	 	1704	 	WAIKELE PREMIUM OUTLETS	 	94792 LUMIANINA STREET	 	WAIPAHU	 	HI	 	96797	 	N/A	 	Bank of Hawaii	 	XXXXXX
	6	 	1634	 	1709	 	FACTORY STRS @ PARK CITY	 	6699 NORTH LANDMARK DR	 	PARK CITY	 	UT	 	84098	 	Wells Fargo	 	N/A	 	XXXXXX

  

					
	11/1/2012	  	4 of 7	  	Retail Location DDAs

 Sch. 5.21 Retail DDAs 

 

																					
	 CO
	 	STORE	 	SUPER	 	 MALL
	 	 ADDRESS
	 	 CITY
	 	STATE	 	ZIP	 	 CONSOLIDATED
	 	 NONCONSOLIDATED
	 	ACCOUNT #
	6	 	1635	 	1720	 	CROSSINGS FACTORY STORES	 	1000 ROUTE 611	 	TANNERSVILLE	 	PA	 	18372	 	Citizens Bank	 	N/A	 	XXXXXX
	6	 	1636	 	1759	 	KENSINGTON VALLEY FACTORY	 	1475 N BURKHART ROAD	 	HOWELL	 	MI	 	48843	 	JP Morgan Chase	 	N/A	 	XXXXXX
	6	 	1637	 	1770	 	MYRTLE BEACH TANGER	 	10839 KINGS ROAD	 	MYRTLE BEACH	 	SC	 	29572	 	Bank of America	 	N/A	 	XXXXXX
	6	 	1640	 	1835	 	COLORADO MILLS	 	14500 W COLFAX AVE	 	LAKEWOOD	 	CO	 	80401	 	Key Bank	 	N/A	 	XXXXXX
	6	 	1642	 	1845	 	JOHNSON CREEK OUTLET CTR	 	575 W LINMAR LANE	 	JOHNSON CREEK	 	WI	 	53038	 	N/A	 	Premier Bank	 	XXXXXX
	6	 	1647	 	1865	 	LAS VEGAS PREMIUM OUTLETS	 	855 S GRAND CENTRAL PKWY	 	LAS VEGAS	 	NV	 	89106	 	Wells Fargo	 	N/A	 	XXXXXX
	6	 	1648	 	1866	 	CHICAGO PREMIUM OUTLETS	 	1650 PREMIUM OUTLETS BLVD	 	AURORA	 	IL	 	60504	 	JP Morgan Chase	 	N/A	 	XXXXXX
	6	 	1649	 	1873	 	FACTORY STRS AT NORTH BEND	 	561A1 SOUTH FORK AVENUE SOUTH	 	NORTH BEND	 	WA	 	98045	 	Bank of America	 	N/A	 	XXXXXX
	6	 	1651	 	1875	 	COLUMBIA GORGE PREM OUTLETS	 	450 NW 257TH AVE	 	TROUTDALE	 	OR	 	97060	 	Wells Fargo	 	N/A	 	XXXXXX
	6	 	1652	 	1877	 	FOLSOM PREMIUM OUTLETS	 	13000 FOLSOM BLVD	 	FOLSOM	 	CA	 	95630	 	Wells Fargo	 	N/A	 	XXXXXX
	6	 	1654	 	1906	 	ST. LOUIS MILLS	 	5555 ST. LOUIS MILLS BLVD	 	HAZELWOOD	 	MO	 	63042	 	Bank of America	 	N/A	 	XXXXXX
	6	 	1655	 	1909	 	PRIME LODI OUTLETS	 	9909 AVON LAKE ROAD	 	BURBANK	 	OH	 	44214	 	N/A	 	First Merit Bank	 	XXXXXX
	6	 	1656	 	1923	 	HILTON HEAD 2 FACTORY	 	1414 FORDING ISLAND ROAD	 	HILTON HEAD	 	SC	 	29910	 	N/A	 	South Carolina Bank & Trust	 	XXXXXX
	6	 	1658	 	1964	 	PRIME OUTLETS HUNTLEY	 	11800 FACTORY SHOPS BLVD	 	HUNTLEY	 	IL	 	60142	 	JP Morgan Chase	 	N/A	 	XXXXXX
	6	 	1662	 	1462	 	LEGENDS AT VILLAGE WEST	 	1829 VILLAGE WEST PARKWAY	 	KANSAS CITY	 	KS	 	66111	 	US Bank	 	N/A	 	XXXXXX
	6	 	1663	 	4277	 	GUAM PREMIER OUTLETS	 	199 CHALAN SAN ANTONIO ROAD	 	TAMUNING	 	GU	 	96913	 	N/A	 	Bank of Hawaii	 	XXXXXX
	6	 	1668	 	3368	 	NORTH HILLS VILLAGE	 	4801 MCKNIGHT ROAD ROOM 105	 	PITTSBURGH	 	PA	 	15237	 	PNC bank	 	N/A	 	XXXXXX
	6	 	1670	 	3370	 	OUTLETS AT HERSHEY	 	46 OUTLET SQUARE SPACE 149	 	HERSHEY	 	PA	 	17033	 	Wells Fargo	 	N/A	 	XXXXXX
	6	 	1671	 	3369	 	JERSEY SHORE PREMIUM OUTLET	 	ONE PREMIUM OUTLET BLVD, SPACE 829	 	TINTON FALLS	 	NJ	 	7753	 	JP Morgan Chase	 	N/A	 	XXXXXX
	6	 	1672	 	3372	 	OPRY MILLS	 	433 OPRY MILLS DR, STE 334	 	NASHVILLE	 	TN	 	37214	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1702	 		 	LEHIGH VALLEY MALL	 	203 LEHIGH VALLEY MALL	 	WHITEHALL	 	PA	 	18052	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1708	 		 	RICHLAND MALL	 	6001 WEST WACO DRIVE	 	WACO	 	TX	 	76710	 	N/A	 	American Bank	 	XXXXXX
	4	 	1710	 		 	STONEBRIAR CENTRE	 	2601 PRESTON ROAD	 	FRISCO	 	TX	 	75034	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1711	 		 	CORAL RIDGE MALL	 	3200 N. FEDERAL HIGHWAY	 	FT. LAUDERDALE	 	FL	 	33306	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1712	 		 	GRAPEVINE TOWN CENTER	 	1451 STATE HWY. 114 WEST	 	GRAPEVINE	 	TX	 	76051	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1713	 		 	CAPITAL CITY MALL	 	3523 CAPITAL CITY MALL DRIVE	 	CAMP HILL	 	PA	 	17011	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	1717	 		 	TOWNE CENTRE MARKET PLACE	 	1620 PALMETTO GRANDE	 	MT. PLEASANT	 	SC	 	29464	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1718	 		 	ASHVILLE MALL	 	3 SOUTH TUNNEL ROAD	 	ASHVILLE	 	NC	 	28805	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1722	 		 	TREASURE COAST SQUARE	 	3054 NW FEDERAL HIGHWAY	 	JENSEN BEACH	 	FL	 	34957	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1723	 		 	APACHE MALL	 	333 APACHE MALL	 	ROCHESTER	 	MN	 	55902	 	N/A	 	Associated Bank	 	XXXXXX
	4	 	1725	 		 	FORUM AT OLYMPIA PKWY	 	8222 AGORA PARKWAY	 	LIVE OAK	 	TX	 	78233	 	Compass Bank	 	N/A	 	XXXXXX
	4	 	1727	 		 	MAGNOLIA MALL	 	2701 DAVID MCLEOD BLVD	 	FLORENCE	 	SC	 	29501	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1728	 		 	NEW HAMPSHIRE MALL	 	1500 S. WILLOW ST	 	MANCHESTER	 	NH	 	3103	 	Citizens Bank	 	N/A	 	XXXXXX
	4	 	1729	 		 	YORK GALLERIA	 	2899 WHITEFORD ROAD	 	YORK	 	PA	 	17402	 	PNC bank	 	N/A	 	XXXXXX
	4	 	1732	 		 	EASTLAND MALL	 	1615 EAST EMPIRE	 	BLOOMINGTON	 	IL	 	61701	 	PNC Bank	 	N/A	 	XXXXXX
	4	 	1733	 		 	KENTUCKY OAKS MALL	 	5101 HINKLEVILLE RD.	 	PADUCAH	 	KY	 	42001	 	US Bank	 	N/A	 	XXXXXX
	4	 	1735	 		 	SPOTSYLVANIA MALL	 	355 SPOTSYLVANIA MALL	 	FREDRICKSBURG	 	VA	 	22407	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1736	 		 	SUNRISE MALL	 	2370 N. EXPRESSWAY	 	BROWNSVILLE	 	TX	 	78521	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1739	 		 	PLAINFIELD COMMONS	 	2685 E. MAIN STREET	 	PLAINFIELD	 	IN	 	46168	 	PNC Bank	 	N/A	 	XXXXXX
	4	 	1740	 		 	WOODLAND MALL	 	3175 28TH STREET	 	GRAND RAPIDS	 	MI	 	49508	 	PNC bank	 	N/A	 	XXXXXX
	4	 	1741	 		 	GREEN OAKS	 	1866 GREEN OAKS ROAD	 	FORT WORTH	 	TX	 	76116	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1744	 		 	PREMIER CENTRE, PHASE #2	 	3414 HIGHWAY 190	 	MANDEVILLE	 	LA	 	70470	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1746	 		 	EXTON SQUARE MALL	 	164 EXTON SQUARE PKWY	 	EXTON	 	PA	 	19341	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1747	 		 	KILLEEN MALL	 	2100 SOUTH WS YOUNG DR	 	KILLEEN	 	TX	 	76543	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1748	 		 	CONNECTICUT POST MALL	 	1201 BOSTON POST ROAD	 	MILFORD	 	CT	 	6460	 	N/A	 	People's United Bank	 	XXXXXX
	4	 	1749	 		 	COLUMBIANA CENTRE	 	100 COLUMBIANA CIRCLE	 	COLUMBIA	 	SC	 	29212	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1750	 		 	MADISON SQUARE	 	5901 UNIVERSITY DRIVE	 	HUNTSVILLE	 	AL	 	35806	 	Regions	 	N/A	 	XXXXXX
	4	 	1753	 		 	THE OAKS MALL	 	6279 NEWBERRY ROAD	 	GAINESVILLE	 	FL	 	32605	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1756	 		 	WELLINGTON GREEN COMMONS	 	2605 STATE ROAD SUITE 450	 	WELLINGTON	 	FL	 	33414	 	N/A	 	AmTrust Bank	 	XXXXXX
	4	 	1760	 		 	COLUMBIA MALL	 	2300 BERNADETTE DRIVE	 	COLUMBIA	 	MO	 	65203	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1761	 		 	OAKDALE MALL	 	233 REYNOLDS ROAD	 	JOHNSON CITY	 	NY	 	13790	 	1st Niagara Bank	 	N/A	 	XXXXXX
	4	 	1763	 		 	EASTLAND MALL	 	800 N GREEN RIVER RD	 	EVANSVILLE	 	IN	 	47715	 	Fifth Third Bank	 	N/A	 	XXXXXX
	4	 	1764	 		 	SOUTHLAND SHOPPING CTR	 	23000 EUREKA ROAD	 	TAYLOR	 	MI	 	48180	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1766	 	1245	 	BELLIS FAIR	 	ONE BELLIS PARKWAY	 	BELLINGHAM	 	WA	 	98226	 	Key Bank	 	N/A	 	XXXXXX
	4	 	1767	 	1246	 	GATEWAY MALL	 	6100 EAST O STREET	 	LINCOLN	 	NE	 	68505	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1768	 		 	UNIVERSITY PARK MALL	 	6501 N. GRAPE ROAD	 	MISHAWAKA	 	IN	 	46545	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1771	 		 	ROOKWOOD COMMONS	 	2745 EDMONDSON ROAD	 	CINCINNATI	 	OH	 	45209	 	Fifth Third Bank	 	N/A	 	XXXXXX
	4	 	1775	 		 	GRAND TETON MALL	 	2300 E 17TH STREET	 	IDAHO FALLS	 	ID	 	83404	 	Key Bank	 	N/A	 	XXXXXX
	4	 	1776	 		 	MALL OF ABILENE	 	4310 BUFFALO GAP ROAD	 	ABILENE	 	TX	 	79606	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1777	 		 	ROBINSON TOWN CENTRE	 	1310 ROBINSON CENTER DR	 	PITTSBURGH	 	PA	 	15205	 	PNC bank	 	N/A	 	XXXXXX
	4	 	1778	 	1257	 	WYOMING VALLEY MALL	 	29 WYOMING VALLEY MALL	 	WILKES-BARRE	 	PA	 	18702	 	PNC bank	 	N/A	 	XXXXXX
	4	 	1781	 		 	THE EMPIRE	 	4001 WEST 41ST STREET	 	SIOUX FALLS	 	SD	 	57106	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1782	 		 	PRIEN LAKE MALL	 	544 W PRIEN LAKE ROAD	 	LAKE CHARLES	 	LA	 	70601	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1786	 		 	CROSS CREEK MALL	 	419 CROSS CREEK MALL	 	FAYETTEVILLE	 	NC	 	28303	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1793	 		 	COOPERWOOD MALL	 	15757 FM 529	 	HOUSTON	 	TX	 	77095	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1794	 		 	CHAPEL HILL	 	2000 BRITTIAN ROAD	 	AKRON	 	OH	 	44310	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1799	 		 	JEFFERSON POINTE	 	4110 WEST JEFFERSON BLVD	 	FORT WAYNE	 	IN	 	46804	 	PNC Bank	 	N/A	 	XXXXXX
	4	 	1800	 		 	TAMARAK VILLAGE	 	8390 TAMARAK VILLAGE	 	WOODBURY	 	MN	 	55125	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1804	 		 	CHANDLER FASHION CENTER	 	3111 WEST CHANDLER BLVD	 	CHANDLER	 	AZ	 	85226	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1808	 		 	THE LAKES MALL	 	5600 HARVEY MALL	 	MUSKEGON	 	MI	 	49444	 	Fifth Third Bank	 	N/A	 	XXXXXX
	4	 	1809	 		 	LAKEWOOD CENTER MALL	 	88 LAKEWOOD CENTER	 	LAKEWOOD	 	CA	 	90712	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1811	 		 	WESTMORELAND MALL	 	239 WESTMORELAND, RTE 30E	 	GREENSBURG	 	PA	 	15601	 	PNC bank	 	N/A	 	XXXXXX
	4	 	1813	 		 	BIRCHWOOD MALL	 	4350 24TH AVENUE	 	FORT GRATIOT	 	MI	 	48059	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1814	 		 	BOCA PARK	 	8800 WEST CHARLESTON	 	LAS VEGAS	 	NV	 	89117	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1817	 		 	GENESSEE VALLEY MALL	 	3215 SOUTH LINDEN RD	 	FLINT	 	MI	 	48507	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1819	 		 	NORTHWOODS MALL	 	2200 WEST WAR MEMORIAL DR	 	PEORIA	 	IL	 	61613	 	N/A	 	Commerce	 	XXXXXX
	4	 	1820	 		 	BRANDON TOWN CENTER	 	SR 60 & I-75	 	BRANDON	 	FL	 	33511	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1821	 		 	CITRUS PARK TOWN CENTER	 	8021 CITRUS PARK DRIVE	 	TAMPA	 	FL	 	33625	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1822	 		 	BANGOR MALL	 	663 STILLWATER AVE	 	BANGOR	 	ME	 	4401	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1825	 		 	UNIVERSITY MALL	 	155 DORSET STREET	 	SOUTH BURLINGTON	 	VT	 	5403	 	N/A	 	People's United Bank	 	XXXXXX
	4	 	1826	 		 	TRIANGLE TOWN CENTER	 	5959 TRIANGLE TOWN CENTER	 	RALEIGH	 	NC	 	27616	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1828	 		 	GALLERY AT CRYSTAL RUN	 	1 GALLERIA DRIVE	 	MIDDLETOWN	 	NY	 	10941	 	1st Niagara Bank	 	N/A	 	XXXXXX
	4	 	1829	 		 	EAST TOWNE MALL	 	89 EAST TOWN MALL	 	MADISON	 	WI	 	53704	 	US Bank	 	N/A	 	XXXXXX
	10	 	1830	 		 	MAYAGUEZ	 	975 HOSTOS AVENUE	 	MAYAGUEZ	 	PR	 	680	 	N/A	 	Banco Popular	 	XXXXXX
	4	 	1831	 		 	COLONY PLACE	 	125B COLONY PLACE	 	PLYMOUTH	 	MA	 	2360	 	N/A	 	Sovereign Bank	 	XXXXXX
	4	 	1838	 	1283	 	WESTLAKE CENTER	 	400 PINE STREET	 	SEATTLE	 	WA	 	98101	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1839	 		 	HENRY TOWNE CENTER	 	1804 JONEBORO ROAD	 	MCDONOUGH	 	GA	 	30253	 	SunTrust	 	N/A	 	XXXXXX
	4	 	1840	 		 	TIPPECANOE	 	2415 SAGAMORE PRKY SOUTH	 	LAFAYETTE	 	IN	 	47905	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1843	 		 	VILLAGE PARK PLAZA	 	2007-3 E GREYHOUND PASS	 	CARMEL	 	IN	 	46032	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1847	 		 	COASTLAND	 	1836 TAMIAMI TRAIL NORTH	 	NAPLES	 	FL	 	34102	 	Fifth Third Bank	 	N/A	 	XXXXXX
	4	 	1848	 		 	SHOPPES AT EAST CHASE	 	7052 EAST CHASE PKWY	 	MONTGOMERY	 	AL	 	36117	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1851	 		 	LAKELAND SQUARE	 	3800 US HWY 98 N	 	LAKELAND	 	FL	 	33809	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1852	 		 	PALM DESERT, WESTFIELD SHP TWN	 	72840 HIGHWAY 111	 	PALM DESERT	 	CA	 	92260	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1853	 		 	VALLEY VIEW	 	4802 VALLEY VIEW BLVD	 	ROANOKE	 	VA	 	24012	 	First Citizens Bank	 	N/A	 	XXXXXX
	4	 	1856	 		 	NORTH RIVERSIDE PARK	 	7501 CERMAK ROAD	 	NORTH RIVERSIDE	 	IL	 	60546	 	Fifth Third Bank	 	N/A	 	XXXXXX
	4	 	1857	 		 	NORTHWOODS	 	2150 NORTHWOODS BLVD	 	N CHARLESTON	 	SC	 	29406	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1859	 		 	MILLCREEK MALL	 	624 MILLCREEK MALL	 	ERIE	 	PA	 	16565	 	PNC bank	 	N/A	 	XXXXXX
	4	 	1860	 		 	INDEPENDENCE CENTER	 	2088 INDEPENDENCE CTR DR	 	INDEPENDENCE	 	MO	 	64057	 	US Bank	 	N/A	 	XXXXXX
	4	 	1861	 		 	NORTHPARK MALL	 	101 NORTH RANGE LINE	 	JOPLIN	 	MO	 	64801	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1862	 		 	PARKCHESTER	 	1445 METROPOLITAN AVENUE	 	BRONX	 	NY	 	10462	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1863	 		 	TOWNE EAST SQUARE	 	7700 E KELLOGG	 	WICHITA	 	KS	 	67207	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1868	 		 	CHARLOTTESVILLE FASHION SQ	 	1564 EAST RIO ROAD	 	CHARLOTTESVILLE	 	VA	 	22901	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1869	 		 	MILLER HILL	 	1600 MILLER TRUNK HWY	 	DULUTH	 	MN	 	55811	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1870	 		 	BAY PARK SQUARE	 	970 BAY PARK SQUARE	 	GREEN BAY	 	WI	 	54304	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1876	 		 	BROADWAY MALL	 	4601 SOUTH BROADWAY	 	TYLER	 	TX	 	75703	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1878	 		 	FOOTHILLS MALL	 	215 E FOOTHILLS PKWY	 	FT. COLLINS	 	CO	 	80525	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1879	 		 	WESTLAND	 	1695 WEST 49TH STREET	 	HIALEAH	 	FL	 	33012	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1881	 		 	UNIVERSITY MALL	 	1701 MCFARLAND BLVD EAST	 	TUSCALOOSA	 	AL	 	35404	 	Regions	 	N/A	 	XXXXXX
	4	 	1882	 		 	CHICAGO RIDGE MALL	 	444 CHICAGO RIDGE MALL DR	 	CHICAGO RIDGE	 	IL	 	60415	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1883	 		 	VALLEY HILLS	 	1960 HIGHWAY 70 SE	 	HICKORY	 	NC	 	28602	 	First Citizens Bank	 	N/A	 	XXXXXX
	4	 	1885	 		 	MEMORIAL CITY MALL	 	900 GESSNER STREET	 	HOUSTON	 	TX	 	77024	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1886	 		 	DOGWOOD FESTIVAL MARKET	 	114 DOGWOOD BLVD	 	FLOWOOD	 	MS	 	39208	 	Regions	 	N/A	 	XXXXXX
	4	 	1887	 		 	HAMBURG VILLAGE	 	2312 SIR BARTON WAY	 	LEXINGTON	 	KY	 	40509	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1888	 		 	MALL AT STONECREST	 	2929 TURNERHILL ROAD	 	LITHONIA	 	GA	 	30038	 	Bank of America	 	N/A	 	XXXXXX

  

					
	11/1/2012	  	5 of 7	  	Retail Location DDAs

 Sch. 5.21 Retail DDAs 

 

																					
	 CO
	 	STORE	 	SUPER	 	 MALL
	 	 ADDRESS
	 	 CITY
	 	STATE	 	ZIP	 	 CONSOLIDATED
	 	 NONCONSOLIDATED
	 	ACCOUNT #
	4	 	1889	 		 	MORENO VALLEY	 	22500 TOWN CIRCLE	 	MORENO VALLEY	 	CA	 	92553	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1891	 		 	COLONIAL BROOKWOOD VILLAGE	 	780 BROOKWOOD VILLAGE	 	HOMEWOOD	 	AL	 	35209	 	Compass Bank	 	N/A	 	XXXXXX
	4	 	1892	 		 	COLONIAL MALL BEL AIR	 	3428 BEL AIR MALL	 	MOBILE	 	AL	 	36606	 	Regions	 	N/A	 	XXXXXX
	4	 	1893	 		 	MEADOWBROOK MALL	 	2399 MEADOWBROOK ROAD	 	BRIDGEPORT	 	WV	 	26330	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1894	 		 	PHILLIPSBURG MALL	 	1200 HIGHWAY 22 EAST	 	PHILLIPSBURG	 	NJ	 	8865	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1895	 		 	SUMMIT WOODS CROSSING	 	1736 NORTHWEST CHIPMAN RD	 	LEES SUMMIT	 	MO	 	64081	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1899	 		 	NEWGATE MALL	 	3651 WALL AVENUE	 	OGDEN	 	UT	 	84405	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1901	 		 	SUNLAND PARK	 	750 SUNLAND PARK DRIVE	 	EL PASO	 	TX	 	79912	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1902	 		 	GATEWAY STATION	 	1185 NORTH BURLESON BLVD	 	BURLESON	 	TX	 	76028	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1903	 		 	SOUTHLAND MALL	 	1 SOUTHLAND MALL	 	HAYWARD	 	CA	 	94545	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1905	 		 	INTERNATIONAL SPEEDWAY SQUARE	 	2500 W. INTERNATIONAL BLVD, SPACE 303	 	DAYTONA BEACH	 	FL	 	32114	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1907	 		 	MADONNA PLAZA	 	257 MADONNA ROAD	 	SAN LUIS OBISPO	 	CA	 	93401	 	JP Morgan Chase	 	N/A	 	XXXXXX
	10	 	1908	 	1260	 	PLAZA LAS AMERICAS	 	525 FD ROOSEVELT&LAS AMERICAS	 	SAN JUAN	 	PR	 	918	 	N/A	 	R-G Premier Bank	 	XXXXXX
	4	 	1910	 		 	CHESAPEAKE SQUARE MALL	 	4200 PORTSMOUTH BLVD	 	CHESAPEAKE	 	VA	 	23321	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1911	 		 	EASTGATE MALL	 	4601 EASTGATE BLVD	 	CINCINNATI	 	OH	 	45245	 	Key Bank	 	N/A	 	XXXXXX
	4	 	1912	 		 	KITSAP MALL	 	10315 SILVERDALE WAY NW	 	SILVERDALE	 	WA	 	98383	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1914	 		 	SOUTHLAND MALL	 	5953 W PARK AVENUE	 	HOUMA	 	LA	 	70364	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1915	 		 	CHERRYVALE MALL	 	7200 HARRISON AVENUE	 	ROCKFORD	 	IL	 	61112	 	US Bank	 	N/A	 	XXXXXX
	4	 	1917	 		 	SILVERLAKE VILLAGE S/C	 	10504 BROADWAY	 	PEARLAND	 	TX	 	77581	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1918	 		 	CENTURY PLAZA	 	4521 CENTURY BLVD	 	PITTSBURG	 	CA	 	94565	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1920	 		 	CENTRAL MALL	 	5111 ROGERS AVENUE	 	FORT SMITH	 	AR	 	72903	 	N/A	 	Bancorp South	 	XXXXXX
	4	 	1921	 		 	DEPTFORD MALL	 	1750 DEPTFORD CENTER ROAD	 	DEPTFORD	 	NJ	 	8096	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1922	 		 	CENTRAL MALL	 	113 CENTRAL MALL	 	TEXARKANA	 	TX	 	75503	 	Regions	 	N/A	 	XXXXXX
	4	 	1925	 		 	CROSSROADS MALL	 	6650 S WESTNEDGE	 	PORTAGE	 	MI	 	49024	 	Fifth Third Bank	 	N/A	 	XXXXXX
	4	 	1927	 		 	LA CUMBRE PLAZA	 	121 SOUTH HOPE AVENUE	 	SANTA BARBARA	 	CA	 	93105	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1928	 		 	ROGUE VALLEY MALL	 	1600 NORTH RIVERSIDE	 	MEDFORD	 	OR	 	97501	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1935	 		 	LAKEWOOD TOWN CENTER	 	5605 LAKEWOOD TWN CTR BLVD SW	 	LAKEWOOD	 	WA	 	98499	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1936	 		 	STONEWOOD MALL	 	159 STONEWOOD STREET	 	DOWNEY	 	CA	 	90241	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1938	 		 	EASTWOOD MALL	 	5555 YOUNGSTOWN-WARREN ROAD	 	NILES	 	OH	 	44446	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1942	 		 	RIVERDALE VILLAGE	 	12764 RIVERDALE BLVD	 	COON RAPIDS	 	MN	 	55448	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1943	 		 	WIREGRASS COMMONS MALL	 	900 COMMONS DRIVE	 	DOTHAN	 	AL	 	36303	 	Regions	 	N/A	 	XXXXXX
	4	 	1944	 		 	163 EAST 125TH STREET	 	163 EAST 125TH STREET	 	NEW YORK	 	NY	 	10035	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1945	 		 	NORTHGATE MALL	 	401 NORTHEAST NORTHGATE WAY	 	SEATTLE CITY	 	WA	 	98125	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1946	 		 	CENTRAL MALL	 	3RD ST & C AVE	 	LAWTON	 	OK	 	73501	 	N/A	 	IBC	 	XXXXXX
	4	 	1948	 		 	PECANLAND MALL	 	4700 MILLHAVEN ROAD	 	MONROE	 	LA	 	71201	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1950	 		 	PLEASANT RUN TOWNE CROSSING	 	715 NORTH HWY 67	 	CEDAR HILL	 	TX	 	75104	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1951	 		 	CHICO MALL	 	1950 E 20TH STREET	 	CHICO	 	CA	 	95928	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1952	 		 	COASTAL GRAND MALL	 	2000 COASTAL GRAND CIRCLE	 	MYRTLE BEACH	 	SC	 	29577	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1954	 		 	ALEXANDRIA MALL	 	3437 MASONIC DRIVE	 	ALEXANDRIA	 	LA	 	71301	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1956	 		 	FAIRWAY MARKETPLACE S/C	 	5576 FAIRMOUNT PKWY	 	PASADENA	 	TX	 	77502	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1957	 		 	WESTFIELD SHOPPNGTWN FOX HILLS	 	128 FOX HILLS MALL	 	CULVER CITY	 	CA	 	90230	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1958	 		 	MEYERLAND PLAZA S/C	 	722 MEYERLAND PLAZA	 	HOUSTON	 	TX	 	77096	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1959	 		 	VALLEY MALL	 	2529 MAIN STREET	 	UNION GAP	 	WA	 	98903	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1960	 		 	INLAND CENTER	 	500 INLAND CENTER DRIVE	 	SAN BERNARDINO	 	CA	 	92408	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1968	 		 	DENTON CROSSING	 	1800 S LOOP 288	 	DENTON	 	TX	 	76205	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1969	 		 	PARK PLACE PROMENADE	 	2226 S MOONEY BLVD	 	VISALIA	 	CA	 	93277	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1972	 		 	526 86TH STREET	 	526-86TH STREET	 	NEW YORK	 	NY	 	11209	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1974	 		 	GEORGIA SQUARE MALL	 	3700 ATLANTA HWY	 	ATHENS	 	GA	 	30606	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1977	 		 	JEFFERSON MALL	 	4801-B302 OUTER LOOP RD	 	LOUISVILLE	 	KY	 	40219	 	Fifth Third Bank	 	N/A	 	XXXXXX
	4	 	1982	 		 	ANIMAS VALLEY MALL	 	4601 E MAIN STREET	 	FARMINGTON	 	NM	 	87402	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1983	 		 	CACHE VALLEY MALL	 	1300 N MAIN STREET	 	LOGAN	 	UT	 	84341	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1986	 		 	PARK PLACE	 	5870 EAST BROADWAY	 	TUCSON	 	AZ	 	85711	 	Bank of America	 	N/A	 	XXXXXX
	4	 	1987	 		 	RED CLIFFS MALL	 	1770 W REDCLIFFS DRIVE	 	ST. GEORGE	 	UT	 	84790	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	1988	 		 	WESTLAND MALL	 	35000 W WARREN ROAD	 	WESTLAND	 	MI	 	48185	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1990	 		 	SHERMAN TOWN CENTER	 	4176 TOWN CENTER STREET	 	SHERMAN	 	TX	 	75091	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	1991	 		 	APPLE BLOSSOM MALL	 	1850 APPLE BLOSSOM DRIVE	 	WINCHESTER	 	VA	 	22601	 	BB&T	 	N/A	 	XXXXXX
	4	 	1995	 		 	MESA MALL	 	2424 US HWY 6 & 50	 	GRAND JUNCTION	 	CO	 	81505	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	3037	 	4208	 	SMITH GROVE SHOPPING CENTER	 	127 ALEXANDER AVENUE	 	LAKE GROVE	 	NY	 	11755	 	N/A	 	Citi Bank	 	XXXXXX
	9	 	3053	 	4224	 	COLONIE CENTER	 	131 COLONIE CENTER	 	ALBANY	 	NY	 	12205	 	Key Bank	 	N/A	 	XXXXXX
	9	 	3057	 	4229	 	WILLOW GROVE PARK	 	2500 MORELAND ROAD	 	WILLOW GROVE	 	PA	 	19090	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	3058	 	4231	 	AVENTURA	 	19575 BISCAYNE BLVD	 	AVENTURA	 	FL	 	33180	 	Bank of America	 	N/A	 	XXXXXX
	9	 	3059	 	4233	 	STREETS AT SOUTHPOINT	 	6910 FAYETTEVILLE ROAD	 	DURHAM	 	NC	 	27713	 	Bank of America	 	N/A	 	XXXXXX
	9	 	3061	 	4235	 	180 POST ROAD EAST	 	180 POST ROAD EAST	 	WESTPORT	 	CT	 	6880	 	Bank of America	 	N/A	 	XXXXXX
	9	 	3064	 	4238	 	TOWNE PLACE AT GARDEN STATE	 	901 HADDONFIELD RD, SUITE B	 	CHERRY HILL	 	NJ	 	08002	 	Citizens Bank	 	N/A	 	XXXXXX
	9	 	3065	 	4239	 	BLUEBONNET PARC SHOPPING CTR	 	5921 BLUEBONNET BLVD	 	BATON ROUGE	 	LA	 	70806	 	JP Morgan Chase	 	N/A	 	XXXXXX
	9	 	3067	 	4240	 	POLARIS FASHION PLACE	 	1540 POLARIS PARKWAY, SUITE 104	 	COLUMBUS	 	OH	 	43240	 	JP Morgan Chase	 	N/A	 	XXXXXX
	9	 	3089	 	4290	 	OAKBROOK	 	1 SOUTH 550 ROUTE 83	 	OAKBROOK TERRACE	 	IL	 	60181	 	JP Morgan Chase	 	N/A	 	XXXXXX
	9	 	3091	 	4275	 	CHAUNCEY RANCH	 	18560 NORTH SCOTTSDALE ROAD, STE 185	 	PHOENIX	 	AZ	 	85054	 	Bank of America	 	N/A	 	XXXXXX
	9	 	3092	 	4276	 	VICTORIA CROSSROADS	 	12455 VICTORIA GARDENS LANE	 	RANCHO CUCAMONGA	 	CA	 	91730	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	3096	 	4294	 	WALDEN PLACE	 	2130 WALDEN AVENUE, SUITE 2	 	CHEEKTOWAGA	 	NY	 		 	N/A	 	Northwest Savings Bank	 	XXXXXX
	9	 	3097	 	4298	 	LIVINGSTON TOWN CENTER	 	2115 TOWN CENTER WAY	 	LIVINGSTON	 	NJ	 	7039	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	3098	 	4302	 	PROMENADE AT CHENAL	 	17717 CHENAL PARKWAY	 	LITTLE ROCK	 	AZ	 	72223	 	US Bank	 	N/A	 	XXXXXX
	9	 	3100	 	4306	 	THE MARKETS AT TOWN CENTER	 	4880 BIG ISLAND DRIVE, SUITE 6	 	JACKSONVILLE	 	FL	 	32246	 	N/A	 	Ameris Bank	 	XXXXXX
	9	 	3104	 	4309	 	SHORT PUMP TOWN CENTER	 	11800 W. BROAD ST, SUITE 2108	 	RICHMOND	 	VA	 	23233	 	BB&T	 	N/A	 	XXXXXX
	9	 	3108	 	4108	 	THE GROVES @ SHREWSBURY	 	597 ROUTE 35,	 	SHREWSBURY	 	NJ	 	7702	 	Bank of America	 	N/A	 	XXXXXX
	9	 	3201	 	4601	 	MILLENIA CROSSING	 	4060 EASTGATE DR A101	 	ORLANDO	 	FL	 	32839	 	Fifth Third Bank	 	N/A	 	XXXXXX
	9	 	3202	 	4602	 	CENTENNIAL PROMENADE	 	9611 E. COUNTY LINE RD	 	ENGLEWOOD	 	CO	 	80112	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	3203	 	4603	 	TOPANGA PLAZA	 	6600 TOPANGA CANYON BLVD, STE 2048	 	CANOGA PARK	 	CA	 	91303	 	JP Morgan Chase	 	N/A	 	XXXXXX
	9	 	3205	 	4605	 	WESTFIELD MONTGOMERY MALL	 	7101 DEMOCRACY BLVD SPACE 1242	 	BETHESDA	 	MD	 	20817	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	3206	 	4606	 	3300 NORTH CAUSEWAY BLVD	 	3300 NORTH CAUSEWAY BLVD	 	METAIRIE	 	LA	 	70002	 	Regions	 	N/A	 	XXXXXX
	9	 	3207	 	4607	 	COUNTRY GLEN SHOPPING CENTER	 	120-122 GLEN COVE RD	 	CARLE PLACE	 	NY	 	11514	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	3208	 	4608	 	MANHATTAN VILLAGE S/C	 	3200 NORTH SEPULVEDA BLVD	 	MANHATTAN BEACH	 	CA	 	90266	 	Wells Fargo	 	N/A	 	XXXXXX
	9	 	3209	 	4609	 	FAIRFAX CORNER	 	11941 GRAND COMMONS AVE	 	FAIRFAX	 	VA	 	22030	 	PNC Bank	 	N/A	 	XXXXXX
	9	 	3210	 	4610	 	ONE NINETEEN	 	4521 119TH STREET, SPACE A123	 	LEAWOOD	 	KS	 	66209	 	US Bank	 	N/A	 	XXXXXX
	9	 	3212	 	4612	 	STREETS OF WOODFIELD	 	601 NORTH MARTINGALE RD, SPACE 125	 	SCHAUMBURG	 	IL	 	60173	 	JP Morgan Chase	 	N/A	 	XXXXXX
	9	 	3213	 	4613	 	INTERNATIONAL PLAZA	 	2223 N. WEST SHORE BLVD, SPACE 251	 	TAMPA	 	FL	 	33607	 	Bank of America	 	N/A	 	XXXXXX
	9	 	3214	 	4614	 	THE OAKS MALL	 	196 HILLCREAST DRIVE, SUITE 95	 	THOUSAND OAKS	 	CA	 	91360	 	Bank of America	 	N/A	 	XXXXXX
	9	 	3215	 	4615	 	CRABTREE VALLEY MALL	 	4325 GLENWOOD AVENUE	 	RALEIGH	 	NC	 	27612	 	Bank of America	 	N/A	 	XXXXXX
	9	 	3216	 	4616	 	WALNUT CREEK	 	1604 MT DIABLO	 	WALNUT CREEK	 	CA	 	94596	 	Bank of America	 	N/A	 	XXXXXX
	9	 	3217	 	4617	 	ORLAND PARK PLACE	 	15345 S LAGRANGE ROADE	 	ORLAND PARK	 	IL	 	60462	 	PNC Bank	 	N/A	 	XXXXXX
	9	 	3220	 	4620	 	WESTFIELD MAINPLACE	 	2800 N. MAIN STREET	 	SANTA ANA	 	CA	 	92705	 	Bank of America	 	N/A	 	XXXXXX
	9	 	3224	 	4624	 	MALL OF AMERICA	 	258 SOUTH AVE	 	BLOOMINGTON	 	IN	 	55425	 	US Bank	 	N/A	 	XXXXXX
	9	 	3225	 		 	THE OAKS MALL	 	196 HILLCREAST DRIVE, SUITE 95	 	THOUSAND OAKS	 	CA	 	91360	 	Citizens Bank	 	N/A	 	XXXXXX
	9	 	3518	 	4418	 	GALLERIA AT ROSEVILLE	 	1151 GALLERIA BLVD, SUITE 1200	 	ROSEVILLE	 	CA	 	95678	 	Bank of America	 	N/A	 	XXXXXX
	9	 	3522	 	4422	 	CROCKER PARK	 	220 CROCKER PARK BLVD	 	WESTLAKE	 	OH	 	44145	 	PNC Bank	 	N/A	 	XXXXXX
	4	 	4083	 		 	SOUTH CENTER MALL	 	1018 SOUTH CENTER MALL	 	SEATTLE	 	WA	 	98188	 	Bank of America	 	N/A	 	XXXXXX
	4	 	4114	 		 	FASHION CENTER @ PENTAGON	 	1100 S HAYNES STREET	 	ARLINGTON	 	VA	 	22202	 	Capital One Bank	 	N/A	 	XXXXXX
	4	 	4134	 		 	LUFKIN MALL	 	4600 S MEDFORD DRIVE	 	LUFKIN	 	TX	 	75901	 	Bank of America	 	N/A	 	XXXXXX
	4	 	4135	 		 	AVENUE AT VIERRA	 	2221-2261 TOWN CENTER AVE	 	MELBOURNE	 	FL	 	32940	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	4141	 		 	REGENCY SQUARE MALL	 	301 COX CREEK BLVD	 	FLORENCE	 	AL	 	35630	 	SunTrust	 	N/A	 	XXXXXX
	4	 	4145	 		 	RIMROCK MALL	 	300 S 24TH STREET W	 	BILLINGS	 	MT	 	59102	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	4146	 		 	YUMA PALMS	 	1401 YUMA PALMS PKWY	 	YUMA	 	AZ	 	85364	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	4149	 		 	WAUSAU CENTER	 	WAUSAU CENTER	 	WAUSAU	 	WI	 	54403	 	US Bank	 	N/A	 	XXXXXX
	4	 	4150	 		 	SIKES CENTER	 	3111 MIDWESTERN PARKWAY	 	WICHITA FALLS	 	TX	 	76308	 	Bank of America	 	N/A	 	XXXXXX
	4	 	4161	 		 	MALL AT JOHNSON CITY	 	2011 N ROAN STREET	 	JOHNSON CITY	 	TN	 	37601	 	First Tennessee	 	N/A	 	XXXXXX
	4	 	4164	 		 	FAYETTE MALL	 	3401 NICHOLASVILLE ROAD	 	LEXINGTON	 	KY	 	40503	 	PNC bank	 	N/A	 	XXXXXX
	4	 	4172	 		 	IMPERIAL VALLEY MALL	 	3451 DOGWOOD ROAD	 	EL CENTRO	 	CA	 	92243	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	4193	 		 	EASTRIDGE MALL	 	2200 EASTRIDGE LOOP	 	SAN JOSE	 	CA	 	95122	 	Bank of America	 	N/A	 	XXXXXX
	4	 	4194	 		 	SOUTHAVEN TOWN CENTER	 	6517 TOWNE CENTER CROSSING	 	SOUTHAVEN	 	MS	 	38671	 	First Tennessee	 	N/A	 	XXXXXX
	4	 	4201	 		 	LAKEPORT COMMONS	 	5001 SERGEANT ROAD	 	SIOUX CITY	 	IA	 	51106	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	4204	 		 	COMMERCIAL DRIVE	 	4628 COMMERCIAL DRIVE	 	NEW HARTFORD	 	NY	 	13413	 	M&T Bank	 	N/A	 	XXXXXX
	4	 	4205	 		 	ROSEDALE CENTER	 	111 ROSEDALE CENTER	 	ROSEVILLE	 	MN	 	55113	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	4209	 		 	RIVER HILLS MALL	 	1850 ADAMS ST	 	MANKATO	 	MN	 	56001	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	4210	 		 	COLUMBIA MALL	 	1321 NORTH COLUMBIA CTR BLVD	 	KENNEWICK	 	WA	 	99336	 	US Bank	 	N/A	 	XXXXXX

  

					
	11/1/2012	  	6 of 7	  	Retail Location DDAs

 Sch. 5.21 Retail DDAs 

 

																							
	 CO
	 	STORE	 	SUPER	 	 	 MALL
	 	 ADDRESS
	 	 CITY
	 	STATE	 	ZIP	 	 CONSOLIDATED
	 	 NONCONSOLIDATED
	 	ACCOUNT #
	4	 	4212	 				 	GRAND TRAVERSE MALL	 	3200 SOUTH AIRPORT ROAD	 	TRAVERSE CITY	 	MI	 	49684	 	PNC bank	 	N/A	 	XXXXXX
	4	 	4226	 				 	GATEWAY CENTER	 	1505 UNIVERSITY DRIVE	 	COLLEGE STATION	 	TX	 	77840	 	Bank of America	 	N/A	 	XXXXXX
	4	 	4232	 				 	MARKET PLACE SHOPPING CENTER	 	2000 NORTH NEIL STREET	 	CHAMPAIGN	 	IL	 	61820	 	N/A	 	Bank Champlain	 	XXXXXX
	4	 	4245	 				 	EAST RIDGE MALL	 	246 NORTH NEW HOPE ROAD	 	GASTONIA	 	NC	 	28054	 	BB&T	 	N/A	 	XXXXXX
	4	 	4249	 				 	SHOPS AT OLD MILL DISTRICT	 	450 SW POWERHOUSE DRIVE	 	BEND	 	OR	 	97702	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	4250	 				 	MURFSBORO	 	2615 MEDICAL CENTER PARKWAY	 	MURFREESBORO	 	TN	 	37129	 	US Bank	 	N/A	 	XXXXXX
	4	 	4273	 				 	RIVER POINT SHOPPING CENTER	 	1730 W. FULLERTON AVENUE	 	CHICAGO	 	IL	 	60614	 	US Bank	 	N/A	 	XXXXXX
	4	 	4274	 				 	WEST ACRES	 	3902 13TH AVENUE SW	 	FARGO	 	ND	 	58103	 	N/A	 	Union State Bank	 	XXXXXX
	4	 	4276	 				 	ATLANTIC TERMINAL	 	139 FLATBUSH AVE	 	BROOKLYN	 	NY	 	11217	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	4280	 				 	ORCHARD AT WESTMINISTER	 	14676 DELAWARE STREET, STE 300	 	WESTMINSTER	 	CO	 	80020	 	Key Bank	 	N/A	 	XXXXXX
	4	 	4283	 				 	AVIATION MALL	 	578 AVIATION ROAD	 	QUEENSBURY	 	NY	 	12804	 	Citizens Bank	 	N/A	 	XXXXXX
	4	 	4284	 				 	The Shoppes at Wyomissing	 	750 Woodland Road	 	Wyomissing	 	PA	 	19610	 	Bank of America	 	N/A	 	XXXXXX
	4	 	4285	 				 	GULF COAST TOWNE CENTER	 	9908 GULF COAST MAIN STREET	 	FT MYERS	 	FL	 	33913	 	Fifth Third Bank	 	N/A	 	XXXXXX
	4	 	4286	 				 	UNIVERSITY TOWN CENTER	 	1432 24TH AVE. NW	 	NORMAN	 	OK	 	73069	 	N/A	 	IBC	 	XXXXXX
	4	 	4288	 				 	MESILLA VALLEY MALL	 	700 S. TELSHOR BLVD., SP 1144	 	LAS CRUCES	 	NM	 	88011	 	Bank of America	 	N/A	 	XXXXXX
	4	 	4289	 				 	SANTE FE PLACE	 	4250 CERRILLOS ROAD, SP 1264	 	SANTE FE	 	NM	 	87507	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	4291	 				 	VALLEY WEST MALL	 	1551 VALLEY WEST DRIVE	 	WEST DES MOINES	 	IA	 	50266	 	Bank of America	 	N/A	 	XXXXXX
	4	 	4299	 				 	SHOPS AT LAKE HAVASU	 	5601 HWY 95 N, BUILDING 4000 SUITE 432	 	LAKE HAVASU CITY	 	AZ	 	86404	 	N/A	 	SunBank	 	XXXXXX
	4	 	4300	 				 	THE COMMONS AT HOOPER	 	1350 HOOPER AVE	 	TOMS RIVER	 	NJ	 	8753	 	PNC Bank	 	N/A	 	XXXXXX
	4	 	4304	 				 	CHAMPLAIN MALL	 	60 SMITHFIELD BLVD	 	PLATTSBURGH	 	NY	 	12901	 	N/A	 	Community Bank NA	 	XXXXXX
	4	 	4308	 				 	ASHLEY PARK	 	370 NEWNAN CROSSING BYPASS	 	NEWNAN	 	GA	 	30265	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	4336	 				 	OAKWOOD MALL	 	4800 GULF ROAD, STE 120	 	EAU CLAIRE	 	WI	 	54701	 	US Bank	 	N/A	 	XXXXXX
	4	 	4344	 				 	SHADOW LAKE CENTER	 	7902 TOWN CENTER PARKWAY	 	PAPILLION	 	NE	 	68046	 	N/A	 	American National Bank	 	XXXXXX
	4	 	4345	 				 	RIVER GATE MALL	 	1000 RIVERGATE PARKWAY	 	GOODLETTSVILLE	 	TN	 	37072	 	Bank of America	 	N/A	 	XXXXXX
	4	 	4351	 				 	MACOMB MALL	 	32182 BEACONSFIELD	 	ROSEVILLE	 	MI	 	48066	 	Fifth Third Bank	 	N/A	 	XXXXXX
	4	 	4358	 				 	JAY SCUTTI PLAZA	 	1000 HYLAND DRIVE	 	ROCHESTER	 	NY	 	14623	 	Bank of America	 	N/A	 	XXXXXX
	4	 	4367	 				 	BURNESVILLE CENTER	 	2012 BURNESVILLE CENTER	 	BURNSVILLE	 	MN	 	55306	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	4376	 				 	SHASTA MALL	 	900 DANA DRIVE	 	REDDING	 	CA	 	96003	 	Bank of America	 	N/A	 	XXXXXX
	4	 	4384	 				 	PATRICK HENRY MALL	 	12300 JEFFERSON AVE	 	NEWPORT NEWS	 	VA	 	23602	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	4391	 				 	SOUTH PLAINS	 	6002 SLIDE ROAD	 	LUBBOCK	 	TX	 	79414	 	Bank of America	 	N/A	 	XXXXXX
	4	 	4393	 				 	PIER PARK	 	15600 STARFISH STREET, STE 120	 	PANAMA CITY	 	FL	 	32413	 	Regions	 	N/A	 	XXXXXX
	4	 	4394	 				 	SOUTH TOWN CENTER	 	10450 S STATE STREET	 	SANDY	 	UT	 	84070	 	Wells Fargo	 	N/A	 	XXXXXX
	4	 	4405	 				 	SHOPS AT WIREGRASS	 	28163 PASEO DRIVE, UNIT 135	 	WESLEY CHAPEL	 	FL	 	33543	 	Fifth Third Bank	 	N/A	 	XXXXXX
	4	 	4406	 				 	FLAGSTAFF MALL	 	4650 NORTH HIGHWAY 89	 	FLAGSTAFF	 	AZ	 	86004	 	Bank of America	 	N/A	 	XXXXXX
	4	 	4408	 				 	WEST BELT PLAZA	 	57 ROUTE 23	 	WAYNE	 	NJ	 	7470	 	N/A	 	Valley National Bank	 	XXXXXX
	4	 	4409	 				 	VILLAGE AT FAIRVIEW	 	329 TOWN PLACE	 	FAIRVIEW	 	TX	 	75069	 	JP Morgan Chase	 	N/A	 	XXXXXX
	4	 	4410	 				 	FRIENDLY CENTER	 	605 FRIENDLY CENTER RD	 	GREENSBORO	 	NC	 	27408	 	Wells Fargo	 	N/A	 	XXXXXX
	8	 	4804	 	 	3804	  	 		 	1600 MERIVALE ROAD	 	NEPEAN	 	ON	 	K2G5J7	 	TD Canada Trust	 	N/A	 	XXXXXX
	8	 	4805	 	 	3805	  	 	SOUTH EDMONTON COMMON	 	9765 19TH AVE NW	 	EDMONTON	 	AB	 	T6N1N5	 	TD Canada Trust	 	N/A	 	XXXXXX
	8	 	4808	 	 	3808	  	 	WEST EDMONTON MALL	 	8882 170TH STREET, SUITE 2590	 	EDMONTON	 	AB	 	T5T4M2	 	TD Canada Trust	 	N/A	 	XXXXXX
	8	 	4811	 				 	2282 GUILDFORD TOWN CENTRE	 	104TH AVE & 152ND ST	 	SURREY	 	BC	 	V3R7C1	 	Bank of Montreal	 	N/A	 	XXXXXX
	8	 	4814	 				 	CARREFOUR LAVAL	 	3035 BOULEVARD LE CARREFOUR	 	LAVAL	 	PQ	 	H7T1C7	 	Bank of Montreal	 	N/A	 	XXXXXX
	8	 	4815	 				 	LES PROMENADES ST. BRUNO	 	273 BLVD DES PROMENADES	 	ST. BRUNO	 	PQ	 	J3V5K3	 	TD Canada Trust	 	N/A	 	XXXXXX
	8	 	4816	 				 	ST. LAURENT SHOPPING CTR	 	1200 ST. LAURENT BLVD	 	OTTAWA	 	ON	 	K1K3B5	 	TD Canada Trust	 	N/A	 	XXXXXX
	8	 	4817	 				 	GREEN LANE POWER CENTRE	 	18166 YONGE ST, UNIT A8	 	NEWMARKET	 	ON	 	L3Y4V8	 	TD Canada Trust	 	N/A	 	XXXXXX
	8	 	4819	 	 	3819	  	 	TRINITY COMMONS	 	210 GREAT LAKES DRIVE	 	BRAMPTON	 	ON	 	L6R2K7	 	TD Canada Trust	 	N/A	 	XXXXXX
	8	 	4820	 	 	3819	  	 	PEN CENTRE	 	221 GLENDALE AVENUE	 	ST.CATHARINES	 	ON	 	L2T2K9	 	Bank of Montreal	 	N/A	 	XXXXXX
	8	 	4821	 				 	KINGFISHER SQUARE	 	920 UPPER WENTWORTH STREET	 	HAMILTON	 	ON	 	L9A4Y6	 	Bank of Montreal	 	N/A	 	XXXXXX
	8	 	4822	 				 	PICKERING TOWN CENTRE	 	13555 KINGSTON ROAD	 	PICKERING	 	ON	 	L1V1B8	 	TD Canada Trust	 	N/A	 	XXXXXX
	8	 	4823	 				 	AVALON MALL	 	48 KENMOUNT ROAD	 	ST JOHNS	 	NF	 	A1N5C8	 	N/A	 	Scotiabank	 	XXXXXX
	8	 	4824	 				 	ORCHARD PARK S/C	 	2271 HARVEY AVENUE	 	KELOWNA	 	BC	 	V1Y6H2	 	Bank of Montreal	 	N/A	 	XXXXXX
	8	 	4825	 				 	NORTH CITY CENTRE	 	13246 137TH AVENUE	 	EDMONTON	 	AB	 	T5L4Z6	 	TD Canada Trust	 	N/A	 	XXXXXX
	8	 	4826	 				 	BENTALL KITCHENER	 	655 FAIRWAY ROAD	 	KITCHENER	 	ON	 	N2C1X4	 	TD Canada Trust	 	N/A	 	XXXXXX
	8	 	4827	 				 	HALIFAX SHOPPING CENTRE	 	7001 MUMFORD ROAD	 	HALIFAX	 	NS	 	B3L2H8	 	Bank of Montreal	 	N/A	 	XXXXXX
	8	 	4828	 				 	WELLINGTON COMMONS	 	1230 WELLINGTON ROAD	 	LONDON	 	ON	 	N6E1M3	 	TD Canada Trust	 	N/A	 	XXXXXX
	8	 	4829	 				 	VILLAGE AT PARK ROYAL	 	940 MAIN STREET - B3	 	WEST VANCOUVER	 	BC	 	V7T2W4	 	Bank of Montreal	 	N/A	 	XXXXXX
	8	 	4831	 				 	MONCTON PLAZA	 	35-45 PLAZA BLVD	 	MONCTON	 	NB	 	E1C0E8	 	Bank of Montreal	 	N/A	 	XXXXXX
	8	 	4832	 				 	SOUTHLAND MALL	 	2965 GORDON ROAD	 	REGINA	 	SK	 	S4S6H7	 	Bank of Montreal	 	N/A	 	XXXXXX
	8	 	4833	 				 	COQUITLAM CENTRE	 	2929 BARNET HIGHWAY	 	COQUITLAM	 	BC	 	V3B5R5	 	TD Canada Trust	 	N/A	 	XXXXXX
	8	 	4835	 				 	2146-2148 W 4TH AVE	 	2146-2148 W 4TH AVENUE	 	VANCOUVER	 	BC	 	V6E4M3	 	Bank of Montreal	 	N/A	 	XXXXXX
	8	 	4836	 				 	YORKDALE SHOPPING CENTRE	 	1 YORKDALE ROAD	 	TORONTO	 	ON	 	M6A3A1	 	N/A	 	Scotiabank	 	XXXXXX
	8	 	4837	 				 	NEW MILLENIUM CENTER	 	110 DONNA DRIVE	 	SUDBURY	 	ON	 	P3B4K5	 	Bank of Montreal	 	N/A	 	XXXXXX
	8	 	4838	 				 	MIDTOWN PLAZA	 	1ST AVENUE & 21ST STREET	 	SASKATOON	 	SK	 	S7K1J9	 	Bank of Montreal	 	N/A	 	XXXXXX
	8	 	4839	 				 	KENASTON	 	1539 KENASTON BLVD	 	WINNIPEG	 	MB	 	R3P2N3	 	TD Canada Trust	 	N/A	 	XXXXXX
	8	 	4841	 				 	SUNRIDGE MALL	 	2525-36TH STREET NE	 	CALGARY	 	AB	 	T1Y5T4	 	TD Canada Trust	 	N/A	 	XXXXXX
	8	 	4842	 	 	3842	  	 	BIG BEND CROSSING	 	5761 MARINE WAY	 	BURNABY	 	BC	 	V5J0A6	 	TD Canada Trust	 	N/A	 	XXXXXX
	8	 	4843	 	 	3843	  	 	SPRINGWATER MARKETPLACE	 	411 BAYFIELD STREET	 	BARRIE	 	ON	 	L4M6E5	 	Bank of Montreal	 	N/A	 	XXXXXX
	8	 	4844	 				 	PRAIRIE MALL SHOPPING CENTER	 	218-11801 100TH STREET	 	GRAND PRAIRIE	 	AB	 	T8V3Y2	 	Bank of Montreal	 	N/A	 	XXXXXX
	8	 	4860	 	 	3860	  	 	HEARTLAND TOWN CENTER	 	6045 MAVIS ROAD	 	MISSISSAUGA	 	ON	 	L5R4G6	 	N/A	 	Pace Bank	 	XXXXXX
	8	 	4862	 	 	3862	  	 	KING'S CROSSING	 	97 DALTON AVENUE	 	KINGSTON	 	ON	 	K7J0C4	 	Bank of Montreal	 	N/A	 	XXXXXX
	8	 	4863	 	 	3863	  	 	CROSSIRON MILLS	 	261055 CROSSIRON MILLS	 	CALGARY	 	AB	 	T4A0G3	 	TD Canada Trust	 	N/A	 	XXXXXX

  

					
	11/1/2012	  	7 of 7	  	Retail Location DDAs

 Schedule 5.21(b) 

Credit Card Arrangements 
 The Lead Borrower sends daily reports of credit card transactions to the credit card providers listed below. Within one to seven business days of the delivery of these reports, the credit card provider
remits payment to the Lead Borrower. 
 Providers: 
 MasterCard and Visa for credit and debit cards in the United States, pursuant to Merchant Agreement with Bank of America, N.A. dated June 12, 2007, as amended December 4,
2007, December 8, 2008, June 11, 2009 and June 29, 2009. 
 MasterCard and Visa for credit and debit cards in Canada,
pursuant to Merchant Agreement with Global Payments Canada GP dated March 23, 2011. 
 Discover Card credit cards, pursuant to Merchant
Services Agreement with Discover Financial Services, Inc. dated February 6, 2001, as amended August 30, 2007. 
 American Express
credit cards pursuant to Merchant Agreement with American Express dated July 1, 2003. 
 PayPal, pursuant to Merchant Agreement with
PayPal, Inc. and Bill Me Later, Inc. dated May 18, 2011. 

 Schedule 5.24 

Material Contracts 
  

	i.	Amended and Restated Rights Agreement, dated as of October 9, 2005, between the Lead Borrower and StockTrans, Inc. 

 

	ii.	Confidentiality Agreement, dated March 10, 2008, by and among the Lead Borrower, Crescendo Partners II, L.P., Series K, Crescendo Investments II, LLC, Crescendo
Partners III, L.P., and Crescendo Investments III, LLC. 

  

	iii.	Employment Agreement, dated July 23, 2008, between the Lead Borrower and Judd P. Tirnauer, as amended August 10, 2011 and November 22, 2011.

  

	iv.	Employment Agreement, dated April 11, 2011, between Christopher F. Daniel and the Lead Borrower. 

 

	v.	Employment Agreement, dated July 16, 2009, between Ronald J. Masciantonio and the Lead Borrower, as amended April 27, 2010, August 10, 2011 and
November 22, 2011. 

  

	vi.	Indenture of Trust between PAID and Society National Bank dated September 1, 1995. 

 

	vii.	Letter Agreement, dated November 6, 2009, by and among the Lead Borrower, Crescendo Partners II, L.P., Series K, Crescendo Investments II, LLC, Crescendo Partners
III, L.P., and Crescendo Investments III, LLC. 

  

	viii.	Loan Agreement, dated September 1, 1995, between Philadelphia Authority For Industrial Development and the Lead Borrower. 

 

	ix.	Restrictive Covenant Agreement, dated July 16, 2009, between Ronald J. Masciantonio and the Lead Borrower. 

 

	x.	Restrictive Covenant Agreement with Judd P. Tirnauer dated July 23, 2008. 

 

	xi.	Third Amended and Restated Employment Agreement dated March 6, 2012 between Edward M. Krell and the Lead Borrower. 

 

	xii.	Variable/Fixed Rate Federally Taxable Economic Development Bond (Mothers Work, Inc.), Series of 1995, in the aggregate principal amount of $4,000,000.

 Schedule 6.02 

Financial and Collateral Reporting 
 In addition to the other materials and information required to be provided pursuant to the terms of the Credit Agreement, the Loan Parties shall provide Administrative Agent, on the applicable day
specified below, the following documents (each in such form and detail as the Administrative Agent from time to time may specify): 
 After an
Accelerated Borrowing Base Delivery Event has occurred and is continuing, weekly, the Loan Parties shall provide to Administrative Agent original counterparts of (each in such form as Administrative Agent from time to time may specify): 

Weekly Reports. After an Accelerated Borrowing Base Delivery Event has occurred and is continuing, the Loan Parties shall provide to
Administrative Agent original counterparts of (each in such form as Administrative Agent from time to time may specify), no later than 5:00 p.m. EST on Wednesday of each week (or, if Wednesday is not a Business Day, on the next succeeding Business
Day) as of the closing of business on the immediately preceding week supporting source documents for the Borrowing Base Certificate delivered in accordance with Section 6.02 of the Credit Agreement. 

Monthly Reports. Monthly, the Loan Parties shall provide to Administrative Agent original counterparts of (each in such form as Administrative
Agent from time to time may specify): 
  

	 	(a)	Within fifteen (15) days of the end of each Fiscal Month for the immediately preceding Fiscal Month: 

 

	 	(i)	Purchases and accounts payable analysis report (together with account payable aging) for each Loan Party, in a format acceptable to Administrative Agent in its
Permitted Discretion; and 

  

	 	(ii)	Inventory summary by location and inventory summary by product category at cost (and including the amounts of Inventory and the value thereof at any leased locations
(including Stores and Leased Departments) and at premises of warehouses, processors or other third parties); and 

  

	 	(iii)	Inventory certificate in a format acceptable to Administrative Agent’s in its Permitted Discretion; and 

 

	 	(b)	Within thirty (30) days of the end of each Fiscal Month for the immediately preceding Fiscal Month: 

 

	 	(i)	Reconciliation of the stock ledger to the general ledger and the calculation of Availability; and 

 

	 	(ii)	Gross Margin Reconciliation; and 

  

	 	(iii)	Statement of Store Activity in a format acceptable to Administrative Agent’s in its Permitted Discretion; and 

 

	 	(iv)	Such other information as the Administrative Agent may from time to time reasonably request in its Permitted Discretion. 

For purposes of Sections (a) and (b) above, the first “preceding Fiscal Month” in respect of which the items required by such Section
shall be provided shall be October 2012. 

 Qualified Cash Reporting. Promptly, with respect to any withdrawal of Qualified Cash (but in no event
later than the close of business on such date), a copy of the bank statement reflecting such withdrawal, including to reflect the balance after giving effect to such withdrawal. 

 Schedule 6.21 

Post-Closing Matters 
 The Loan Parties shall deliver or cause to be delivered to Administrative Agent, in form and substance reasonably satisfactory to Administrative Agent, as promptly as possible following the Closing Date,
but in any event no later than the dates referred to below with respect to each such item (or such later date as the Administrative Agent may approve in writing in its sole discretion), the items set forth below: 

 

	 	1.	Within ninety (90) days after the Closing Date, (a) Blocked Account Agreements, duly authorized, executed and delivered by such Loan Party and the applicable
Blocked Account Bank with which such Loan Party maintains each Blocked Account and each Concentration Account covering each such Blocked Account and Concentration Account, and (b) control agreements, duly authorized executed and delivered by
such Loan Party and any securities intermediary with which such Loan Party maintains any securities or investment accounts, covering each such securities or investment account maintained with such securities intermediary. 

 

	 	2.	Within ninety (90) days after the Closing Date, evidence of the recordation of UCC-1 and PPSA financing statements naming Lead Borrower as secured party and each
Department Lessor as debtor, with respect to Inventory located in a Leased Department to the extent that the Leased Department Agreement between Lead Borrower and such Department Lessor does not prohibit the Lead Borrower from filing a UCC or PPSA
financing statement against the Department Lessor, evidencing Lead Borrower’s ownership of such Inventory. 

  

	 	3.	Within thirty (30) days after the Closing Date, evidence of the termination of the Credit Card Processor Agreement dated November 1, 2004, executed by NOVA
Information Systems, Inc., Lead Borrower and Existing ABL Agent. 

  

	 	4.	Within thirty (30) days after the Closing Date, evidence of the termination of the Waiver of Landlord’s Lien, dated as of September 14, 2004, executed by
IRB Issue, Lead Borrower and Existing ABL Agent. 

  

	 	5.	Within seven (7) days after the Closing Date, original certificates evidencing one hundred percent (100%) of the capital stock of Cave and Mothers Work
Canada, Inc., together with undated stock powers executed in blank, each duly executed by Lead Borrower. 

 Schedule 7.01 

Existing Liens 
  

							
	 Company
	  	 Lienholder
	  	 Principal

Amount

Secured
	  	 Property Subject to Lien

				
	 Lead Borrower
	  	Canon Financial Services	  	$257,239	  	Leased copier and printer equipment
				
	 Lead Borrower
	  	Macy’s Retail Holdings, Inc.	  	N/A	  	Security interest granted pursuant to the applicable Leased Department Agreement providing Lienholder and offset right
				
	 Lead Borrower
	  	Existing ABL Agent	  	N/A	  	Cash collateral deposited pursuant to the Cash Collateral Agreement with the Existing ABL Agent to secure letter of credit obligations (listed on 7.03(a)) of Bank of America,
N.A. pursuant to the Existing ABL Credit Agreement

 Schedule 7.02 

Existing Investments 
 Equity Interests listed on Schedule 5.13. 
 Short term investment and money market account
of Lead Borrower with UBS (One North Wacker Drive, Suite 2500, Chicago, IL 60606) under account number “xx-xxxx3-16”. 
 Short term
investment and money market account of Lead Borrower with Bank of Montreal (First Canadian Place, PO Box 3, B 2 Level, Toronto, ON M5X1A3) under account number “xxxxx891”. 
 Money market account of Lead Borrower with PNC under account number “xxxxxxx566”. 

 Schedule 7.03 

Existing Indebtedness 
  

	(a)	Letters of Credit: 

  

																	
	 LC Number
	  	Issue Date	 	  	 Applicant
	  	 Beneficiary
	  	Balance	 	  	Expiry
Date	 
	 xxxx588
	  	 	11/13/00	  	  	Lead Borrower	  	ALGM Leasehold	  	$	30,000	  	  	 	11/14/12	  
	 xxxx546
	  	 	03/26/03	  	  	Lead Borrower	  	Royal Bank of Canada	  	$	2,455,035	  	  	 	3/1/13	  
	 xxxx913
	  	 	07/17/03	  	  	Lead Borrower	  	Washington International Ins Co	  	$	240,000	  	  	 	7/18/13	  
	 xxxx855
	  	 	04/30/06	  	  	Lead Borrower	  	575 Associates	  	$	250,000	  	  	 	8/18/13	  
	 xxxx783
	  	 	05/03/10	  	  	Lead Borrower	  	Liberty Mutual Insurance Company	  	$	2,085,000	  	  	 	3/1/13	  
	 xxxx495
	  	 	07/10/98	  	  	Lead Borrower	  	Bank of New York Trust Company	  	$	1,873,920	  	  	 	9/15/13	  

  

	(b)	Other Indebtedness: 

  

	 	i.	$1,873,920 balance owed pursuant to the IRBs and IRB Loan Agreement which IRBs mature on September 1, 2020. 

 

	 	ii.	Amounts owing from time to time by Lead Borrower to Lead Borrower’s Subsidiary, Cave Springs, Inc., pursuant to the Amended and Restated Revolving Line of Credit
Note dated as of October 2011 in the original principal amount of U.S. $450,000,000 (as amended). 

  

	 	iii.	$257,239 balance owed pursuant to operating lease with Canon Financial Services for lease of copier and printer equipment. 

 

	 	iv.	Obligations of Lead Borrower to issue Securities (including, without limitation, options, restricted stock and restricted stock units) under outstanding equity
agreements entered into pursuant to the Lead Borrower equity plans listed on Schedule 5.18(b). 

  

	 	v.	Obligations of Lead Borrower to repurchase or retire Securities (including, without limitation, options, restricted stock and restricted stock units) under outstanding
equity agreements entered into pursuant to the Lead Borrower equity plans listed on Schedule 5.18(b) in connection with any rights of a holder to return Securities to the Lead Borrower to meet tax withholding obligations. 

 

	 	vi.	Obligations of Loan Parties to pay employees pursuant to employment agreements and or other payment arrangements with such employees (including the employment
agreements which are Material Agreements) to the extent any such payments would be deemed to be “deferred compensation” under the Code. 

	 	vii.	Obligations of Lead Borrower with respect to the cash collateral deposited pursuant to the Cash Collateral Agreement with the Existing ABL Agent to secure the above
referenced letter of credit obligations of Bank of America, N.A. pursuant to the Existing ABL Credit Agreement. 

  

	 	viii.	Obligations pursuant to the Lead Borrower’s employee American Express corporate credit card program pursuant to the Corporate Services Commercial Account Agreement
between Lead Borrower and American Express Travel Related Services Company, Inc. dated September 4, 2007. 

 Schedule 7.10 

Burdensome Agreements 
 None. 

 Schedule 10.02 

Administrative Agent’s Office; Certain Addresses for Notices 
 Notices and Account Information for Administrative Agent; LC Issuer and Swing Line Lender 

Wells Fargo Bank, National Association 
 One
Boston Place, 19th Floor 
 Boston, Massachusetts 02108 
 Attention: Michele L. Ayou, Director—Destination Maternity 
 Telephone: 617-854-7246

 Email: michele.l.ayou@wellsfargo.com 

Notices for Loan Parties 
 c/o
Destination Maternity Corporation 
 456 North 5th Street 
 Philadelphia, PA 19123 
 Attn: Judd Tirnauer 

Executive Vice President & Chief Financial Officer 
 Telephone: 215-873-2278 
 Email: jtirnauer@DestinationMaternity.com 

With a copy to: 
 Destination Maternity
Corporation 
 456 North 5th Street 

Philadelphia, PA 19123 
 Attn: Ronald J.
Masciantonio 
 Executive Vice President & General Counsel 
 Telephone: 215-400-2532 
 Email: rmasciantonio@DestinationMaternity.com 

Web Address: http://www.DestinationMaternity.com 

 EXHIBIT A 
 FORM OF COMMITTED LOAN NOTICE 
 Date:
                    ,          

 

	To:	Wells Fargo Bank, National Association, as Administrative Agent 

 Ladies and Gentlemen: 
 Wells Fargo Bank, National Association, as in its capacity
as administrative and collateral agent (“Administrative Agent”) for itself and the financial institutions from time to time party to the Credit Agreement (as hereinafter defined), as lenders (collectively, “Lenders”) and the
Lenders have entered into financing arrangements with Destination Maternity Corporation (the “Lead Borrower”), Cave Springs, Inc. (“Cave” and together with Lead Borrower, each a “Borrower” and collectively, the
“Borrowers”) and Mothers Work Canada, Inc. (“Guarantor”), pursuant to which Administrative Agent and Lenders may make loans and advances to Borrowers as set forth in the Credit Agreement, dated as of November 1, 2012, by and
among Administrative Agent, Lenders, Borrowers and Guarantor (the “Credit Agreement”), together with various other agreements, documents and instruments referred to therein or related thereto (all of the foregoing, collectively, the
“Loan Documents”). Capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Credit Agreement. 
  

	1.	 The Lead Borrower hereby requests [a Borrowing][a conversion of Committed Loans from one Type to the other][a continuation of LIBO Rate Loans]1: 

 

	 	(a)	 On ________________ (a Business Day)2 

  

	 	(b)	 In the amount of $________________3 

  

	 	(c)	 Comprised of [Base Rate][LIBO Rate]Loans (Type of Committed Loan)4 

  

	 	(d)	 Comprised of Tranche A Revolving Loans or Tranche A-1 Revolving Loans5 

 

	1 	 A Borrowing must be a borrowing consisting of simultaneous Loans of the same Type and, in the case of LIBO Rate Loans, must have the same Interest
Period. 

	2 	 Each notice of a Borrowing must be received by the Administrative Agent not later than 11:00 a.m. (i) three (3) Business Days prior to the
requested date of any Borrowing of, conversion to or continuation of LIBO Rate Loans or any conversion of LIBOR Rate Loans to Base Rate Loans, and (ii) one (1) Business Day prior to the requested date of any Borrowing of Base Rate Loans.

	3 	 Each Borrowing, conversion to, or continuation of LIBO Rate Loans must be in a principal amount of $1,000,000 or a whole multiple of $500,000 in excess
thereof. Each Borrowing, conversion to, or continuation of Base Rate Loans must be in a principal amount of $500,000 or a whole multiple of $100,000 in excess thereof. 

	4 	 Committed Loans may be either Base Rate Loans or LIBO Rate Loans. If the Type of Committed Loan is not specified, then the applicable Committed Loans
will be made as Base Rate Loans. 

	 	(e)	 For LIBO Rate Loans: with an Interest Period of                
months6 

The Lead Borrower hereby represents and warrants (for itself and on behalf of the other Borrowers) that on and as of the of the date of
the [Committed Borrowing], [conversion of Committed Loans from one Type to the other], [continuation of LIBO Rate Loans] requested herein, the conditions specified in Sections 4.01 and 4.02 of the Credit Agreement, as applicable, have been
satisfied. 
 [signature page follows] 

 

	5	 any request for a
Tranche A Revolving Loan shall be deemed a request for a Tranche A-1 Revolving Loan until such time as the aggregate outstanding principal amount of Tranche A-1 Revolving Loans equals the lesser of (A) the Tranche A-1 Borrowing Base or (B) the
Tranche A-1Revolving Loan Limit 

	6 	 The Lead Borrower may request a Borrowing of LIBO Rate Loans with an Interest
Period of one, two, three, or six months. If no election of Interest Period is specified, then the Lead Borrower will be deemed to have specified an Interest Period of one month. 

  
 2 

 Dated as of the date above first written. 

 

			
	DESTINATION MATERNITY CORPORATION,
as Lead Borrower
		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 

 Committed Loan Notice 

 EXHIBIT B 
 FORM OF SWING LINE LOAN NOTICE 

Date:                    ,
         
  

	 	To:	Wells Fargo Bank, National Association, as Swing Line Lender 

 Wells Fargo Bank, National Association, as Administrative Agent 
 Ladies and Gentlemen:

 Wells Fargo Bank, National Association, as in its capacity as administrative and collateral agent (“Administrative
Agent”) for itself and the financial institutions from time to time party to the Credit Agreement (as hereinafter defined), as lenders (collectively, “Lenders”) and the Lenders have entered into financing arrangements with Destination
Maternity Corporation (the “Lead Borrower”), Cave Springs, Inc. (“Cave” and together with Lead Borrower, each a “Borrower” and collectively, the “Borrowers”) and Mothers Work Canada, Inc.
(“Guarantor”), pursuant to which Administrative Agent and Lenders may make loans and advances to Borrowers as set forth in the Credit Agreement, dated as November 1, 2012, by and among Administrative Agent, Lenders, Borrowers and
Guarantor (the “Credit Agreement”), together with various other agreements, documents and instruments referred to therein or related thereto (all of the foregoing, collectively, the “Loan Documents”). Capitalized terms used
herein and not otherwise defined shall have the meanings set forth in the Credit Agreement. 
 The Lead Borrower hereby requests
a Swing Line Borrowing: 
  

	 	1.	
On                             
    (a Business Day)1

  

	 	2.	 In the amount of
$                                2 

The Swing Line Borrowing requested herein complies with the provisions of Section 2.04 of the Credit Agreement. 

 

			
	DESTINATION MATERNITY CORPORATION,
as Lead Borrower
		
	By:	 	 
	Name:	 	 
	Title:	 	 

  

	1 	 Each notice of a Swing Line Borrowing must be received by the Swing Line Lender and the Administrative Agent not later than 1:00 p.m. on the requested
date of any Swing Line Borrowing. 

	2 	 Each Swing Line Borrowing must be in a minimum amount of $100,000. 

 EXHIBIT C-1 
 FORM OF NOTE 
 NOTE 

 

			
	$                            
    	  	                           
 ,        

 FOR VALUE RECEIVED, the undersigned
(individually, a “Borrower” and, collectively, the “Borrowers”), jointly and severally promise to pay to the order of             (hereinafter, with any
subsequent holders, the “Payee”), c/o Wells Fargo Bank, National Association, [            ], the principal sum of
            ($            ), or, if less, the aggregate unpaid principal balance of Committed Loans made by the Payee to or for
the account of any Borrower pursuant to the Credit Agreement dated as of November 1, 2012 (as amended, modified, supplemented or restated and in effect from time to time, the “Credit Agreement”) by and among (i) the Borrowers,
(ii) Wells Fargo Bank, National Association, as administrative agent and collateral agent (in such capacity, the “Administrative Agent”) for its own benefit and the benefit of the other Credit Parties referred to therein,
(iii) Wells Fargo Bank, National Association, as L/C Issuer, and (iv) the lenders from time to time party thereto (individually, a “Lender” and, collectively, the “Lenders”), with interest at the rate and
payable in the manner stated therein. 
 This is a “Note” to which reference is made in the Credit Agreement and is
subject to all terms and provisions thereof. The principal of, and interest on, this Note shall be payable at the times, in the manner, and in the amounts as provided in the Credit Agreement and shall be subject to prepayment and acceleration as
provided therein. Capitalized terms used herein and not defined herein shall have the meanings assigned to such terms in the Credit Agreement. 
 The Administrative Agent’s books and records concerning the Committed Loans, the accrual of interest thereon, and the repayment of such Committed Loans, shall be prima facie evidence of the
indebtedness to the Payee hereunder. 
 No delay or omission by any Agent or the Payee in exercising or enforcing any of the
Agent’s or the Payee’s powers, rights, privileges, remedies, or discretions hereunder shall operate as a waiver thereof on that occasion nor on any other occasion. No waiver of any Event of Default shall operate as a waiver of any other
Event of Default, nor as a continuing waiver of any such Event of Default. 
 To the fullest extent permitted by applicable Law,
each Borrower, and each endorser and guarantor of this Note, waives presentment, demand, notice, and protest, and also waives any delay on the part of the holder hereof. Each Borrower assents to any extension or other indulgence (including, without
limitation, the release or substitution of Collateral) permitted by Administrative Agent and/or the Payee with respect to this Note and/or any Collateral or any extension or other indulgence with respect to any other liability or any collateral
given to secure any other liability of any Borrower or any other Person obligated on account of this Note. 

 This Note shall be binding upon each Borrower, and each endorser and guarantor hereof, and
upon their respective successors, assigns, and representatives, and shall inure to the benefit of the Payee and its successors, endorsees, and assigns. 
 The liabilities of each Borrower, and of any endorser or guarantor of this Note, are joint and several; provided, that, the release by Administrative Agent or the Payee of any one or more
such Persons shall not release any other Person obligated on account of this Note. Each reference in this Note to any Borrower, any endorser, and any guarantor, is to such Person individually and also to all such Persons jointly. No Person obligated
on account of this Note may seek contribution from any other Person also obligated unless and until all of the Obligations have been paid in full in cash. 
 THIS NOTE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAW PRINCIPLES THEREOF. 

EACH OF THE BORROWERS IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE
COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS NOTE OR
ANY OTHER LOAN DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE BORROWERS IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK
STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE BORROWERS AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON
THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS NOTE OR IN ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT THE ADMINISTRATIVE AGENT OR THE PAYEE MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS NOTE OR
ANY OTHER LOAN DOCUMENT AGAINST ANY OF THE BORROWERS OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 
 EACH OF THE
BORROWERS IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS NOTE OR ANY
OTHER LOAN DOCUMENT IN ANY COURT REFERRED TO ABOVE. EACH OF THE BORROWERS HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH
COURT. 

  
 2 

 Each Borrower makes the following waiver knowingly, voluntarily, and intentionally, and
understands that the Administrative Agent and the Payee, in the establishment and maintenance of their respective relationship with the Borrowers contemplated by this Note, are each relying thereon. EACH BORROWER, EACH GUARANTOR, ENDORSER AND
SURETY, AND THE PAYEE, BY ITS ACCEPTANCE HEREOF, HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS
NOTE OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH BORROWER (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED,
EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT THE ADMINISTRATIVE AGENT AND THE PAYEE HAVE BEEN INDUCED TO ENTER INTO THE CREDIT AGREEMENT AND
THIS NOTE BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS HEREIN. 
 [SIGNATURE PAGES FOLLOW] 

  
 3 

 IN WITNESS WHEREOF, the Borrowers have caused this Note to be duly executed as of the date
set forth above. 
  

			
	BORROWERS:
	
	 DESTINATION MATERNITY CORPORATION

CAVE SPRINGS, INC.

		 	
		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 

 Note - [Name of Lender] 

 EXHIBIT C-2 
 FORM OF SWING LINE NOTE 
 SWING LINE NOTE 

 

			
	$                        	  	                        ,
        

 FOR VALUE RECEIVED, the undersigned (individually, a
“Borrower” and, collectively, the “Borrowers”), jointly and severally promise to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION (hereinafter, with any subsequent holders, the “Swing Line
Lender”), [            ], the principal sum of
                        DOLLARS
($                ), or, if less, the aggregate unpaid principal balance of Swing Line Loans made by the Swing Line Lender to or for the account of any Borrower pursuant
to the Credit Agreement dated as of November 1, 2012 (as amended, modified, supplemented or restated and in effect from time to time, the “Credit Agreement”) by and among (i) the Borrowers, (ii) Wells Fargo Bank, National
Association, as administrative agent and collateral agent (in such capacity, the “Administrative Agent”) for its own benefit and the benefit of the other Credit Parties referred to therein, (iii) Wells Fargo Bank, National
Association, as L/C Issuer, and (iv) the lenders from time to time party thereto (individually, a “Lender” and, collectively, the “Lenders”), with interest at the rate and payable in the manner stated therein.

 This is a “Swing Line Note” to which reference is made in the Credit Agreement and is subject to all terms and
provisions thereof. The principal of, and interest on, this Swing Line Note shall be payable at the times, in the manner, and in the amounts as provided in the Credit Agreement and shall be subject to prepayment and acceleration as provided therein.
Capitalized terms used herein and not defined herein shall have the meanings assigned to such terms in the Credit Agreement. 

The Administrative Agent’s books and records concerning the Swing Line Loans, the accrual of interest thereon, and the repayment of
such Swing Line Loans, shall be prima facie evidence of the indebtedness to the Swing Line Lender hereunder. 
 No delay or
omission by the Administrative Agent or the Swing Line Lender in exercising or enforcing any of the Administrative Agent’s or the Swing Line Lender’s powers, rights, privileges, remedies, or discretions hereunder shall operate as a waiver
thereof on that occasion nor on any other occasion. No waiver of any Event of Default shall operate as a waiver of any other Event of Default, nor as a continuing waiver of any such Event of Default. 

 To the fullest extent permitted by applicable Law, each Borrower, and each endorser and
guarantor of this Swing Line Note, waives presentment, demand, notice, and protest, and also waives any delay on the part of the holder hereof. Each Borrower assents to any extension or other indulgence (including, without limitation, the release or
substitution of Collateral) permitted by the Administrative Agent and/or the Swing Line Lender with respect to this Swing Line Note and/or any Collateral or any extension or other indulgence with respect to any other liability or any collateral
given to secure any other liability of any Borrower or any other Person obligated on account of this Swing Line Note. 
 This
Swing Line Note shall be binding upon each Borrower, and each endorser and guarantor hereof, and upon their respective successors, assigns, and representatives, and shall inure to the benefit of the Swing Line Lender and its successors, endorsees,
and assigns. 
 The liabilities of each Borrower, and of any endorser or guarantor of this Swing Line Note, are joint and
several; provided, that, the release by the Administrative Agent or the Swing Line Lender of any one or more such Persons shall not release any other Person obligated on account of this Swing Line Note. Each reference in this Swing
Line Note to any Borrower, any endorser, and any guarantor, is to such Person individually and also to all such Persons jointly. No Person obligated on account of this Swing Line Note may seek contribution from any other Person also obligated unless
and until all of the Obligations have been paid in full in cash. 
 THIS SWING LINE NOTE SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAW PRINCIPLES THEREOF. 
 EACH OF THE
BORROWERS IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF
NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS SWING LINE NOTE OR ANY OTHER LOAN DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE BORROWERS IRREVOCABLY
AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE BORROWERS
AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS SWING LINE NOTE OR IN ANY OTHER LOAN
DOCUMENT SHALL AFFECT ANY RIGHT THAT THE ADMINISTRATIVE AGENT OR THE SWING LINE LENDER MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS SWING LINE NOTE OR ANY OTHER LOAN DOCUMENT AGAINST ANY OF THE BORROWERS OR ITS PROPERTIES IN
THE COURTS OF ANY JURISDICTION. 

  
 2 

 EACH OF THE BORROWERS IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS SWING LINE NOTE OR ANY OTHER LOAN DOCUMENT IN ANY COURT REFERRED TO ABOVE. EACH OF THE
BORROWERS HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT. 

Each Borrower makes the following waiver knowingly, voluntarily, and intentionally, and understands that the Administrative Agent and the
Swing Line Lender, in the establishment and maintenance of their respective relationship with the Borrowers contemplated by this Swing Line Note, are each relying thereon. EACH BORROWER, EACH GUARANTOR, ENDORSER AND SURETY, AND THE SWING LINE
LENDER, BY ITS ACCEPTANCE HEREOF, HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS SWING LINE
NOTE OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH BORROWER (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED,
EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT THE ADMINISTRATIVE AGENT AND THE SWING LINE LENDER HAVE BEEN INDUCED TO ENTER INTO THE CREDIT
AGREEMENT AND THIS NOTE BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS HEREIN. 
 [SIGNATURE PAGES FOLLOW]

  
 3 

 IN WITNESS WHEREOF, the Borrowers have caused this Swing Line Note to be duly executed as of
the date set forth above. 
  

			
	BORROWERS:
	
	DESTINATION MATERNITY CORPORATION

CAVE SPRINGS, INC.

		
	By:	 	 
	Name:	 	 
	Title:	 	 

 Swing Line Note 

 EXHIBIT D 
 FORM OF COMPLIANCE CERTIFICATE 
  

					
	 To:
	  	Wells Fargo Bank, National Association	  	Date:                            
                 
		  	One Boston Place, 18th Floor	  	
		  	Boston, MA 02108	  	
		  	Attention: Portfolio Manager	  	

 Re: Credit Agreement dated as of November 1, 2012 (as amended, modified, supplemented or restated
hereafter, the “Credit Agreement”) by and among (i) Destination Maternity Corporation, a Delaware corporation, for itself and as Lead Borrower (in such capacity, the “Lead Borrower”) for the other Borrowers
party thereto from time to time (individually, a “Borrower” and, collectively, the “Borrowers”), (ii) the Borrowers party thereto from time to time, (iii) the Guarantors party thereto from time to time,
(iv) Wells Fargo Bank, National Association, as administrative agent and collateral agent (in such capacity, the “Administrative Agent”) for its own benefit and the benefit of the other Secured Parties referred to therein,
(iv) Wells Fargo Bank, National Association, as L/C Issuer, and (vi) the lenders from time to time party thereto (individually, a “Lender” and, collectively, the “Lenders”). All capitalized terms used
herein and not otherwise defined shall have the same meaning herein as in the Credit Agreement. 
 The undersigned, a duly
authorized and acting Responsible Officer of the Lead Borrower, hereby certifies to you as follows: 
  

	1.	No Default. 

  

	 	a.	To the knowledge of the undersigned Responsible Officer, except as set forth in Appendix I, no Default or Event of Default has occurred and is continuing.

  

	 	b.	If a Default or Event of Default has occurred and is continuing, the Borrowers propose to take action as set forth in Appendix I with respect to such Default or
Event of Default. 

  

	2.	No Material Accounting Changes, Etc. The financial statements furnished to the Administrative Agent for the month/quarter/year ending
[            ] were prepared in accordance with GAAP consistently applied throughout the period covered thereby, except as noted therein, and fairly present in all material respects the
financial condition of the Lead Borrower and its Subsidiaries at the date thereof and the results of their operations for the period(s) covered thereby in accordance with GAAP consistently applied throughout the period covered thereby, except as
otherwise expressly noted therein. To the extent there has been any change in generally accepted accounting principles used in the preparation of such financial statements, attached as Appendix II hereto is a statement of reconciliation
conforming such financial statements to GAAP. Attached as Appendix III hereto is a copy of management’s discussion and analysis with respect to such financial statements. 

	3.	Intellectual Property. Appendix IV hereto sets forth all federally registered Intellectual Property Collateral (as such term is defined in the Security
Agreement) registered during the Fiscal Quarter of the Lead Borrower and its Subsidiaries most recently ended.1 

 

	1	To be included with each quarterly Compliance Certificate. 

 IN WITNESS WHEREOF, I have executed this certificate as of the date first written above.

  

			
	DESTINATION MATERNITY CORPORATION
		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 

 APPENDIX I 

Except as set forth below, no Default or Event of Default presently exists. [If a Default or Event of Default exists, the following
describes the nature of the Default in reasonable detail and the steps being taken or contemplated by the Borrowers to be taken on account thereof.] 

 APPENDIX II 
 Except as set forth below, no changes in GAAP used in the preparation of the financial statements of the Lead Borrower and its Subsidiaries have occurred since [the date of the most recently delivered
financial statements to the Administrative Agent prior to the date of this Certificate]. [If any change in GAAP used in the preparation of the financial statements of the Lead Borrower and its Subsidiaries has occurred, the Lead Borrower shall
provide a statement of reconciliation conforming such financial statements to GAAP.] 

 Appendix III 

 Appendix IV 

 EXHIBIT E 
 FORM OF ASSIGNMENT AND ASSUMPTION 
 Reference is made to the Credit
Agreement dated as of November 1, 2012 (as amended, modified, supplemented or restated hereafter, the “Credit Agreement”) by and among (i) Destination Maternity Corporation, a Delaware corporation, for itself and as Lead
Borrower (in such capacity, the “Lead Borrower”) for the other Borrowers party thereto from time to time (individually, a “Borrower” and, collectively, the “Borrowers”), (ii) the Borrowers
party thereto from time to time, (iii) the Guarantors party thereto from time to time, (iv) Wells Fargo Bank, National Association, as administrative agent and collateral agent (in such capacity, the “Administrative
Agent”) for its own benefit and the benefit of the other Secured Parties referred to therein, (v) Wells Fargo Bank, National Association, as L/C Issuer, and (vi) the lenders from time to time party thereto (individually, a
“Lender” and, collectively, the “Lenders”). All capitalized terms used herein and not otherwise defined shall have the same meaning herein as in the Credit Agreement. 

                      
                                   (the “Assignor”) and
                                         
            (the “Assignee”) agree as follows: 
  

	1.	The Assignor hereby sells and assigns to the Assignee, and the Assignee hereby purchases and assumes from the Assignor, that interest in and to the Assignor’s
rights and obligations as a Lender under the Credit Agreement as of November 1, 2012 (including, without limitation, such interest in each of the Assignor’s outstanding Commitments, if any, and the Loans (and related Obligations) owing to
it) specified in Section 1 of Schedule I hereto. After giving effect to such sale and assignment, the Assignor’s and the Assignee’s Commitments and the amount of the Loans owing to the Assignor and the Assignee and the
amount of Letters of Credit participated in by the Assignor and the Assignee will be as set forth in Section 2 of Schedule I hereto. 

  

	2.	The Assignor: (a) represents and warrants that it is the legal and beneficial owner of the interest being assigned by it hereunder and that such interest is free
and clear of any Liens and that it is legally authorized to enter into this Assignment and Assumption; (b) makes no representation or warranty and assumes no responsibility with respect to (i) any statements, warranties or representations
made in, or in connection with, the Credit Agreement or any other Loan Document or any other instrument or document furnished pursuant thereto, or (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the
Credit Agreement or any other Loan Document or any other instrument or document furnished pursuant thereto; (c) makes no representation or warranty and assumes no responsibility with respect to the financial condition of any Loan Party or the
performance or observance by any Loan Party of any of their respective obligations under the Credit Agreement or any other Loan Document or any other instrument or document furnished pursuant thereto; and (d) confirms, in the case of an
Assignee who is not a Lender, an Affiliate of a Lender, or an Approved Fund, the aggregate amount of the Commitment (which for this purpose includes Loans outstanding thereunder) or, if the Commitment is not then in effect, the principal outstanding
balance of the Loans of the Assignor subject to this Assignment and Assumption, is not less than $            , or, if less, the entire remaining amount of the Assignor’s Commitment
and the Loans at any time owing to it, unless each of the Administrative Agent, the L/C Issuer and the Swing Line Lender and, so long as no Default or Event of Default has occurred and is continuing, the Lead Borrower otherwise consent (each such
consent not to be unreasonably withheld or delayed). 

  
 1 

	3.	The Assignee: (a) confirms that it has received a copy of the Credit Agreement, together with copies of the financial statements referred to in
Section 6.01 thereof and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Assignment and Assumption; (b) agrees that it will, independently and without
reliance upon the Administrative Agent, the Assignor or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit
Agreement; (c) appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under the Credit Agreement as are delegated to the Administrative Agent by the terms thereof, together with
such powers as are reasonably incidental thereto; (d) agrees that it will perform in accordance with their terms all of the obligations which, by the terms of the Credit Agreement, are required to be performed by it as a Lender;
(e) specifies as its lending office (and address for notices) the office set forth beneath its name on the signature pages hereof; (f) agrees that, if the Assignee is a Foreign Lender entitled to an exemption from, or reduction of,
withholding tax under the law of the jurisdiction in which the applicable Loan Party is resident for tax purposes, it shall deliver to the Loan Parties and the Administrative Agent (in such number of copies as shall be requested by the recipient)
whichever of the following is applicable: (i) duly completed copies of Internal Revenue Service Form W-8BEN claiming eligibility for benefits of an income tax treaty to which the United States is a party, (ii) duly completed copies of
Internal Revenue Service Form W-8ECI, (iii) in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under section 881(c) of the Code, (A) a certificate to the effect that such Foreign Lender is not
(1) a “bank” within the meaning of section 881(c)(3)(A) of the Code, (2) a “10 percent shareholder” of the Loan Parties within the meaning of section 881(c)(3)(B) of the Code, or (3) a “controlled foreign
corporation” described in section 881(c)(3)(C) of the Code and (B) duly completed copies of Internal Revenue Service Form W-8BEN, or (iv) any other form prescribed by applicable law as a basis for claiming exemption from, or a
reduction in, United States Federal withholding tax, duly completed, together with such supplementary documentation as may be prescribed by applicable law to permit the Borrowers to determine the withholding or deduction required to be made; and
(g) represents and warrants that it is an Eligible Assignee. 

  

	4.	Following the execution of this Assignment and Assumption by the Assignor and the Assignee, it will be delivered, together with a processing and recordation fee in the
amount required as set forth in Section 10.06 to the Credit Agreement, to the Administrative Agent for acceptance and recording by the Administrative Agent. The effective date of this Assignment and Assumption shall be the date of
acceptance thereof by the Administrative Agent, unless otherwise specified on Schedule I hereto (the “Effective Date”). 

  

	5.	Upon such acceptance and recording by the Administrative Agent and, to the extent required by Section 10.06(b)(iii) of the Credit Agreement, consent by the
Administrative Agent, the L/C Issuer, the Swing Line Lender and the Lead Borrower, as applicable (such consent not to be unreasonably withheld or delayed), from and after the Effective Date, (a) the Assignee shall be a party to the Credit
Agreement and, to the extent of the interest assigned by this Assignment and Assumption, shall have the rights and obligations of a Lender under the Credit Agreement, and (b) the Assignor shall, to the extent of the interest assigned by this
Assignment and Assumption, be released from its obligations under the Credit Agreement. 

  
 2 

	6.	Upon such acceptance and recording by the Administrative Agent, from and after the Effective Date, the Administrative Agent shall make all payments under the Credit
Agreement in respect of the interest assigned hereby (including, without limitation, all payments of principal, interest and fees with respect thereto) to the Assignee. The Assignor and Assignee shall make all appropriate adjustments in payments
under the Credit Agreement for periods prior to the Effective Date directly between themselves. 

  

	7.	This Assignment and Assumption shall be governed by, and be construed in accordance with, the laws of the State of New York, without regard to conflicts of laws
principles thereof. 

 [SIGNATURE PAGE FOLLOWS] 

  
 3 

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

			
	[ASSIGNOR]
		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 
	
	[ASSIGNEE]
		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 
	
	Lending Office (and address for notices):
	
	[Address]

 Accepted
this                     day 

of                ,
                : 
  

			
	 WELL FARGO BANK, NATIONAL ASSOCIATION

as Administrative Agent

		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 

 Assignment and Assumption 

 Acknowledged and, to the extent required by Section 10.06(b)(iii) of the Credit Agreement, consented
to, this                  day of
                    ,                : 

L/C ISSUER: 
  

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION
		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 

 Assignment and Assumption 

 Acknowledged and, to the extent required by Section 10.06(b)(iii) of the Credit Agreement, consented
to, this             day of                    ,
                : 
 SWING LINE LENDER:

  

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION
		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 

 Assignment and Assumption 

 Acknowledged and, to the extent required by Section 10.06(b)(iii) of the Credit Agreement, consented
to, this                  day of
                        ,            : 

LEAD BORROWER: 
  

			
	DESTINATION MATERNITY CORPORATION
		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 

 Assignment and Assumption 

 SCHEDULE I 
 Section 1. Percentage/Amount of Commitments/Loans/Letters of Credit Assigned by Assignor to Assignee. 

 

					
	 Applicable Percentage assigned by Assignor:
	  	 	            	% 
		
	 Commitment assigned by Assignor:
	  	$	                           
 	  
		
	 Aggregate Outstanding Principal Amount of Tranche A Revolving Loans assigned by Assignor:
	  	$	                           
 	  
		
	 Aggregate Outstanding Principal Amount of Tranche A-1 Revolving Loans assigned by Assignor:
	  	$	                           
 	  
		
	 Aggregate Outstanding Principal Amount of Loans assigned by Assignor:
	  	$	                           
 	  
		
	 Aggregate Participations assigned by Assignor in L/C Obligations:
	  	$	                           
 	  

 Section 2. Percentage1/Amount of Commitments/Loans/Letters of Credit Held by Assignor and Assignee
after giving effect to Assignment and Assumption. 
  

					
	 Assignor’s Applicable Percentage (Tranche A Revolving Loan Commitments):
	  	 	            	% 
		
	 Assignee’s Applicable Percentage (Tranche A Revolving Loan Commitments):
	  	 	            	% 
		
	 Assignor’s Applicable Percentage (Tranche A-1 Revolving Loan Commitments):
	  	 	            	% 
		
	 Assignee’s Applicable Percentage (Tranche A-1 Revolving Loan Commitments):
	  	 	            	% 
		
	 Assignor’s Applicable Percentage (Aggregate Commitments):
	  	 	            	% 
		
	 Assignee’s Applicable Percentage (Aggregate Commitments):
	  	 	            	% 
		
	 Assignor’s Tranche A Revolving Loan Commitment:
	  	$	                           
 	  
		
	 Assignee’s Tranche A Revolving Loan Commitment:
	  	$	                           
 	  
		
	 Assignor’s Tranche A-1 Revolving Loan Commitment:
	  	$	                           
 	  
		
	 Assignee’s Tranche A-1 Revolving Loan Commitment:
	  	$	                           
 	  
		
	 Assignor’s Commitment:
	  	$	                           
 	  
		
	 Assignee’s Commitment:
	  	$	                           
 	  

  

	1	Percentages to be carried out to the ninth decimal place. 

 Assignment and Assumption 

					
		
	 Aggregate Outstanding Principal Amount of Tranche A Revolving Loans Owing to Assignor:
	  	$	                           
 	  
		
	 Aggregate Outstanding Principal Amount of Tranche A Loans Owing to Assignee:
	  	$	                           
 	  
		
	 Aggregate Outstanding Principal Amount of Tranche A-1 Revolving Loans Owing to Assignor:
	  	$	                           
 	  
		
	 Aggregate Outstanding Principal Amount of Tranche A-1 Revolving Loans Owing to Assignee:
	  	$	                           
 	  
		
	 Aggregate Outstanding Principal Amount of Loans Owing to Assignor:
	  	$	                           
 	  
		
	 Aggregate Outstanding Principal Amount of Loans Owing to Assignee:
	  	$	                           
 	  
		
	 Aggregate Participations by Assignor in L/C Obligations:
	  	$	                           
 	  
		
	 Aggregate Participations by Assignee in L/C Obligations:
	  	$	                           
 	  

 Section 3. Effective Date 

 

			
	 Effective Date:
	  	                    ,
                    

 Assignment and Assumption 

 EXHIBIT F 
 FORM OF CUSTOMS BROKER/FREIGHT FORWARDER 
 NOTIFICATION AND ACKNOWLEDGMENT OF
SECURITY INTEREST 
                 , 2012

			
	 	  	
	  	  	 
		
	      
	  	

 Ladies and Gentlemen: 
 Please be advised that we and certain of our subsidiaries and affiliates (collectively, the “Company”) have entered or are about to enter into financing arrangements with Wells Fargo Bank,
National Association, in its capacity as agent pursuant to the Credit Agreement (as hereinafter defined) acting for and on behalf of the parties thereto as lenders (in such capacity, together with its successors and assigns, “Agent”) and
the parties to the Credit Agreement as lenders (collectively, together with their respective successors and assigns, “Lenders”), pursuant to which the Company has granted or will grant to Agent a security interest in, among other
collateral, all of the Company’s existing and future inventory and other goods and documents of title, including, without limitation, all of the Company’s documents of title which may at any time now or hereafter be in your possession or
control and all inventory and other goods which may at any time now or hereafter be located on or in real property or buildings owned, leased or otherwise in your possession or control, and/or received or delivered to you for shipment, customs
clearance, distribution, storage or otherwise, whether pursuant to any agreement or otherwise (collectively, “Collateral”). For purposes of this agreement, the term “Credit Agreement” means the Credit Agreement by and among
Agent, Lenders, us and certain of our subsidiaries and affiliates, as the same may be amended, modified, supplemented, extended, renewed, restated or replaced. 
 By your signature below, you acknowledge receipt of the above notice of Agent’s security interest and agree to follow all instructions that Agent may from time to time hereafter give to you with
respect to Collateral in your possession or control or located on or in any of your premises, and/or received or delivered to you by or for our account for distribution, customs clearance, storage or otherwise. For the present, Agent consents to you
continuing to release Collateral pursuant to the instructions given to you by the Company, or any of the Company’s authorized agents, but this consent may be terminated or changed at any time by notice to you from Agent. Upon being so notified
by Agent, you are to abide solely by Agent’s instructions with respect to any of such goods or other Collateral and you are not to release any Collateral to the Company or to anyone else except according to written instructions which may be
given to you from time to time by Agent. If so instructed by Agent, you agree to return to Agent all of the Company’s goods and other Collateral in your custody, control or possession. You hereby acknowledge and agree that you hold and will
have possession of such goods or other Collateral and proceeds for the benefit of Agent and Lenders and you shall not take any action purporting to encumber or transfer any interest in such goods or other Collateral or the proceeds thereof.

 You agree and acknowledge that you do not have and in no event will you assert against Agent
or any Lender any lien, right of distraint or levy, right of offset, claim, deduction, counterclaim, security or other interest in any Collateral now or hereafter located on any of your premises or in your custody, possession or control, including
any of the foregoing which might otherwise arise or exist in your favor pursuant to any agreement, common law, statute (including the U.S. Bankruptcy Code or any state insolvency law) or otherwise. You certify that you do not know of any security
interest or other claim with respect to any of the Collateral, other than the security interest which is the subject of this agreement. You agree and acknowledge that no negotiable or non-negotiable warehouse receipts, documents of title or similar
instruments have been or will be issued by you with respect to any of the Company’s goods, except for non-negotiable receipts naming Agent or the Company as consignee. You shall not take any action purporting to encumber or transfer any
interest in such inventory or other goods or other Collateral. You are holding the Collateral as bailee for Agent for the purpose of perfecting the security interest and lien of Agent in the Collateral. 

You further agree to allow Agent, any Lender and their respective agents to enter upon your premises during business hours for the
purpose of examining, removing, taking possession of or otherwise dealing with any of the Collateral at any time in your possession or control or copies of any books and records related thereto. 

Agent and Lenders are relying upon this agreement in connection with their financing arrangements with the Company. This agreement may
not be changed or terminated orally or by course of conduct. Any change to the terms of this agreement must be in writing and signed by Agent. This agreement shall be binding upon you and your successors and assigns and shall be enforceable by and
inure to the benefit of Agent, Lenders and their respective successors and assigns. 
 This agreement constitutes our
acknowledgment that Agent or any Lender may assert any of the rights set forth or referred to herein, without objection by the Company. We also agree to reimburse you for all reasonable costs and expenses incurred by you as a direct result of
compliance with the instructions of Agent as to the disposition of any of the Collateral. 
 [REMAINDER OF THIS PAGE
INTENTIONALLY LEFT BLANK] 

  
 2 

 Please acknowledge your agreement to the foregoing by signing in the space provided below.

  

			
	 Very truly yours,
  

[APPLICABLE BORROWER]

		
	 By:
	 	 
	 Title:
	 	 

  

			
	 ACKNOWLEDGED AND AGREED:

	
	 
		 	
	 By:
	 	 
	 Title:
	 	 

             (Customs Broker/Freight Forwarder) 

													
	 Destination Maternity Corporation
	  		  	As of Date:	  				 	 	9/30/2012	  
	 Borrowing Base Certificate
	  		  	Certificate #	  				 	 	1	  
					
	 	  	 	  	 	  	Tranche A	 	 	Tranche A-1	 
	 Eligible Credit Card Receivables
	  	Cross Reference	  		  				 			
	 Credit Card Receivables as of:
	  		  	9/30/2012	  				 			
	 US Credit Card Receivables
	  		  		  	$	—  	  	 			
	 Canadian Credit Card Receivables
	  		  		  	 	—  	  	 			
		  		  		  	  
	  
	 	 			
	 Total Credit Card Receivables
	  		  		  	$	—  	  	 			
	 Less: Accrued fees
	  	 def of Eligible Credit Card Receivables (a)
	  		  	 	—  	  	 			
	 Less: Cash received but not yet applied
	  	 def of Eligible Credit Card Receivables (b)
	  		  	 	—  	  	 			
	 Less: Amounts over 5 business days
	  	 def of Eligible Credit Card Receivables (ii)
	  		  	 	—  	  	 			
	 Less: In dispute / subject to chargeback
	  	 def of Eligible Credit Card Receivables (vi)
	  		  	 	—  	  	 			
	 Less: Other
	  		  		  				 			
	 _____________________
	  	 def of Eligible Credit Card Receivables ___
	  		  	 	—  	  	 			
	 _____________________
	  	 def of Eligible Credit Card Receivables ___
	  		  	 	—  	  	 			
		  		  		  	  
	  
	 	 			
	 Eligible Credit Card Receivables
	  		  		  	$	—  	  	 			
	 Advance Rate
	  		  		  	 	90.0	% 	 	 	10.0	% 
		  		  		  	  
	  
	 	 	  
	  
	 
	 Total Eligible Credit Card Receivables Availability
	  		  		  	$	—  	  	 	$	—  	  
		  		  		  	  
	  
	 	 	  
	  
	 
					
	 Eligible Trade Receivables
	  	Cross Reference	  		  				 			
	 Wholesale Receivables as of:
	  		  	9/30/2012	  	$	—  	  	 			
	 Less: Kohl's dilution 20%
	  	 def of Eligible Trade Receivables (i)
	  		  	 	—  	  	 			
	 Less: Discounts, allowances, finance charges, etc. (not included above)
	  	 def of Eligible Trade Receivables (i)
	  		  	 	—  	  	 			
	 Less: Cash received but not yet applied
	  	 def of Eligible Trade Receivables (ii)
	  		  	 	—  	  	 			
	 Less: Debit memos
	  	 def of Eligible Trade Receivables (A)
	  		  	 	—  	  	 			
	 Less: 90 days past sale date or 60 days past due
	  	 def of Eligible Trade Receivables (B)
	  		  	 	—  	  	 			
	 Less: In dispute / subject to chargeback
	  	 def of Eligible Trade Receivables (F)
	  		  	 	—  	  	 			
	 Less: Foreign A/R in excess of letters of credit
	  	 def of Eligible Trade Receivables (O)
	  		  	 	—  	  	 			
	 Less: Other
	  		  		  				 			
	 _____________________
	  	 def of Eligible Trade Receivables ___
	  		  	 	—  	  	 			
	 _____________________
	  	 def of Eligible Trade Receivables ___
	  		  	 	—  	  	 			
		  		  		  	  
	  
	 	 			
	 Eligible Trade Receivables
	  		  		  	$	—  	  	 			
	 Advance Rate
	  		  		  	 	85.0	% 	 	 	10.0	% 
		  		  		  	  
	  
	 	 	  
	  
	 
	 Total Eligible Trade Receivables Availability
	  		  		  	$	—  	  	 	$	—  	  
		  		  		  	  
	  
	 	 	  
	  
	 
	 Eligible Receivables—Customer List and Marketing Services Receivables
	  	Cross Reference	  		  				 			
	 Customer List and Marketing Services Receivables as of:
	  		  	9/30/2012	  	$	—  	  	 			
	 Less: Discounts, allowances, finance charges, etc. (not included above)
	  	 def of Eligible Receivables (x)(i)
	  		  	 	—  	  	 			
	 Less: Cash received but not yet applied
	  	 def of Eligible Receivables (x)(ii)
	  		  	 	—  	  	 			
	 Less: Concentration in excess of 15%
	  	 def of Eligible Receivables (x) (Admin Agent discretion)
	  		  	 	—  	  	 			
	 Less: Debit memos
	  	 def of Eligible Receivables (x)(A)
	  		  	 	—  	  	 			
	 Less: 90 days past sale date or 60 days past due, excluding aged credits
	  	 def of Eligible Receivables (x)(B)(1)
	  		  	 	—  	  	 			
	 Less: In dispute / subject to chargeback
	  	 def of Eligible Receivables (x)(F)
	  		  	 	—  	  	 			
	 Less: Other
	  		  		  				 			
	 _____________________
	  	 def of Eligible Receivables (x) ___
	  		  	 	—  	  	 			
	 _____________________
	  	 def of Eligible Receivables (x) ___
	  		  	 	—  	  	 			
		  		  		  	  
	  
	 	 			
	 Eligible Receivables—Customer List and Marketing Services Receivables
	  		  		  	$	—  	  	 			
	 Advance Rate
	  		  		  	 	80.0	% 	 	 	10.0	% 
	 Total Eligible Receivables—Customer List and Marketing Services Receivables Availability
	  		  		  	$	—  	  	 	$	—  	  
		  		  		  	  
	  
	 	 	  
	  
	 
	 Eligible Receivables—Leased Department Receivables
	  	Cross Reference	  		  				 			
	 Leased Department Receivables as of:
	  		  	9/30/2012	  	$	—  	  	 			
	 Less: Discounts, allowances, finance charges, etc. (not included above)
	  	 def of Eligible Receivables (y)(i)
	  		  	 	—  	  	 			
	 Less: Cash received but not yet applied
	  	 def of Eligible Receivables (y)(ii)
	  		  	 	—  	  	 			
	 Less: Accrued shrink
	  	 def of Eligible Receivables (y) (Admin Agent discretion)
	  		  	 	—  	  	 			
	 Less: 30 days past sale date or 15 days past due
	  	 def of Eligible Receivables (y)(B)(bb)
	  		  	 	—  	  	 			
	 Less: In dispute / subject to chargeback
	  	 def of Eligible Receivables (y)(F)
	  		  	 	—  	  	 			
	 Less: Other
	  		  		  				 			
	 _____________________
	  	 def of Eligible Receivables (y) ___
	  		  	 	—  	  	 			
	 _____________________
	  	 def of Eligible Receivables (y) ___
	  		  	 	—  	  	 			
		  		  		  	  
	  
	 	 			
	 Eligible Receivables—Leased Department Receivables
	  		  		  	$	—  	  	 			
	 Advance Rate
	  		  		  	 	80.0	% 	 	 	10.0	% 
		  		  		  	  
	  
	 	 	  
	  
	 
	 Total Eligible Receivables—Leased Department Receivables Availability
	  		  		  	$	—  	  	 	$	—  	  
		  		  		  	  
	  
	 	 	  
	  
	 
	 Receivables Cap (30% of total Borrowing Base)
	  	 def of Tranche A Borrowing Base (a)(ii)
	  		  	 	—  	  	 			
		  		  		  	  
	  
	 	 	  
	  
	 
	 Total All Eligible Receivables Availability
	  		  		  	$	—  	  	 	$	—  	  
		  		  		  	  
	  
	 	 	  
	  
	 
	 Eligible Inventory—Finished Goods & L/C Inventory
	  	Cross Reference	  		  	 	At Cost	  	 			
	 Finished Goods Inventory as of:
	  		  	9/30/2012	  				 			
	 US DC & Store Inventory
	  		  		  	$	—  	  	 			
	 Canadian Store Inventory
	  		  		  	 	—  	  	 			
		  		  		  	  
	  
	 	 			
	 Total Finished Goods Inventory
	  		  		  	$	—  	  	 			
	 Less: NFL (#15), US Weekly (#93), closed stores
	  	 def of Eligible Inventory (b) (Admin Agent discretion)
	  		  	 	—  	  	 			
	 Less: Shrink reserve
	  	 def of Eligible Inventory (b) (Admin Agent discretion)
	  		  	 	—  	  	 			
	 Less: Damage inventory (#98)
	  	 def of Eligible Inventory (E)
	  		  	 	—  	  	 			
	 Less: Stores with UCC's filed
	  	 def of Eligible Inventory (F)
	  		  	 	—  	  	 			
	 Less: Sample inventory
	  	 def of Eligible Inventory (G)
	  		  	 	—  	  	 			
	 Less: Other
	  		  		  				 			
	 _____________________
	  	 def of Eligible Inventory ___
	  		  	 	—  	  	 			
	 _____________________
	  	 def of Eligible Inventory ___
	  		  	 	—  	  	 			
		  		  		  	  
	  
	 	 			
	 Eligible Inventory—Finished Goods Inventory
	  		  		  	$	—  	  	 			
		  		  		  	  
	  
	 	 			

													
	 Destination Maternity Corporation
	  		  	As of Date:	 				 	 	9/30/2012	  
	 Borrowing Base Certificate
	  		  	Certificate #	 				 	 	1	  
					
	 	  	 	  	 	 	Tranche A	 	 	Tranche A-1	 
	 L/C Inventory as of:
	  		  	9/30/2012	 	$	 —  	  	 			
	 Less: Incomplete documentation
	  	 def of Eligible L/C Inventory (i), (ii), (iii)
	  		 	 	—  	  	 			
	 Less: Other
	  		  		 				 			
	 _____________________
	  	 def of Eligible L/C Inventory ___
	  		 	 	—  	  	 			
		  		  		 	  
	  
	 	 			
	 Eligible Inventory—L/C Inventory
	  		  		 	$	—  	  	 			
		  		  		 	  
	  
	 	 			
	 Total Eligible Inventory—Finished Goods & L/C Inventory
	  		  		 	$	—  	  	 			
		  		  	NOLV	 				 			
	 Advance Rate (90% of NOLV)
	  	 90.0%
	  	85.6%	 	 	77.0	% 	 	 	10.0	% 
		  		  		 	  
	  
	 	 	  
	  
	 
	 Total Eligible Inventory—Finished Goods & L/C Inventory Availability
	  		  		 	$	—  	  	 	$	—  	  
		  		  		 	  
	  
	 	 	  
	  
	 
	 Eligible Inventory—Leased Department Inventory
	  	 Cross Reference
	  		 	 	At Cost	  	 			
	 Leased Department Inventory as of:
	  		  	9/30/2012	 	$	 —  	  	 			
	 Less: UCC not filed
	  	 def of Eligible Inventory (K)
	  		 	 	—  	  	 			
		  		  		 	  
	  
	 	 			
	 Eligible Inventory—Leased Department Inventory
	  		  		 	$	—  	  	 			
		  		  	NOLV	 				 			
	 Advance Rate (90% of NOLV)
	  	90.0%	  	85.6%	 	 	77.0	% 	 	 	10.0	% 
		  		  		 	  
	  
	 	 	  
	  
	 
	 Total Eligible Inventory—Leased Department Inventory Availability
	  		  		 	$	—  	  	 	$	—  	  
		  		  		 	  
	  
	 	 	  
	  
	 
	 Leased Department Cap (35% of total Eligible Inventory Availability)
	  		  		 	 	—  	  	 			
	 Eligible In-Transit Inventory
	  	Cross Reference	  		 	 	At Cost	  	 			
	 In-Transit Inventory as of:
	  		  	9/30/2012	 	$	 —  	  	 			
	 Add: Landed cost 17.7%
	  		  		 	 	—  	  	 			
	 Add: Commission paid
	  		  		 	 	—  	  	 			
	 Less: In-transit > 60 days
	  	 def of Eligible In-Transit Inventory (a)
	  		 	 	—  	  	 			
	 Less: Other
	  		  		 				 			
	 _____________________
	  	 def of Eligible In-Transit Inventory ___
	  		 	 	—  	  	 			
		  		  		 	  
	  
	 	 			
	 Eligible In-Transit Inventory
	  		  		 	$	—  	  	 			
		  		  	NOLV	 				 			
	 Advance Rate (90% of NOLV)
	  	90.0%	  	85.6%	 	 	77.0	% 	 	 	0.0	% 
		  		  		 	  
	  
	 	 	  
	  
	 
	 Total Eligible In-Transit Inventory Availability Capped at $10,000,000
	  		  		 	$	—  	  	 	$	—  	  
		  		  		 	  
	  
	 	 	  
	  
	 
	 Total All Eligible Inventory Availability
	  		  		 	$	—  	  	 	$	—  	  
		  		  		 	  
	  
	 	 	  
	  
	 
	 Eligible Real Estate
	  	Cross Reference	  		 				 			
	 Eligible Real Estate as of:
	  		  	9/30/2012	 				 			
	 Appraised Value of Headquarters Facility
	  		  		 	$	 —  	  	 			
	 Less: Pendng Phase I environmental assessment
	  	 def of Real Estate Eligibility Requirements (f)
	  		 	 	—  	  	 			
	 Other Eligible Real Estate
	  		  		 	 	—  	  	 			
		  		  		 	  
	  
	 	 			
	 Eligible Real Estate
	  		  		 	$	—  	  	 			
	 Advance Rate (60%)
	  		  		 	 	60.0	% 	 	 	0.0	% 
		  		  		 	  
	  
	 	 	  
	  
	 
	 Total Real Property Availability
	  		  		 	$	—  	  	 	$	—  	  
		  		  		 	  
	  
	 	 	  
	  
	 
	 Qualified Cash
	  	Cross Reference	  		 				 			
	 Qualified Cash as of:
	  		  	9/30/2012	 	$	—  	  	 			
	 Less: Amount Not Included in Borrowing Base Availability
	  	 def of Tranche A Borrowing Base (f)
	  		 	 	—  	  	 			
		  		  		 	  
	  
	 	 			
	 Adjusted Qualified Cash
	  		  		 	$	—  	  	 			
	 Advance Rate
	  		  		 	 	100.0	% 	 	 	0.0	% 
		  		  		 	  
	  
	 	 	  
	  
	 
	 Total Qualified Cash Availability
	  		  		 	$	—  	  	 	$	—  	  
		  		  		 	  
	  
	 	 	  
	  
	 
	 Gross Borrowing Base Availability
	  		  		 	$	—  	  	 	$	—  	  
		  		  		 	  
	  
	 	 	  
	  
	 
	 Less: Availability Reserves as of:
	  		  	9/30/2012	 				 			
	 Gift Certificates/Cards (33%)
	  	 def of Availability Reserves (vi)
	  		 	 	—  	  	 			
	 Rent Reserve (1 Mos PA, WA, and VA)
	  	 def of Availability Reserves (i)(A)
	  		 	 	—  	  	 			
	 Landed Costs (25% of in-transits)
	  	 def of Availability Reserves (ii)
	  		 	 	—  	  	 			
	 Employee Source Deductions
	  	 def of Availability Reserves (iii)
	  		 	 	—  	  	 			
	 Canadian Taxes (PST & GST)
	  	 def of Availability Reserves (iv)
	  		 	 	—  	  	 			
	 WEPPA
	  	 def of Availability Reserves (iv)
	  		 	 	—  	  	 			
	 Other Priority Payables
	  	 def of Availability Reserves (iv)
	  		 	 	—  	  	 			
	 Other
	  	 def of Availability Reserves ___
	  		 	 	—  	  	 			
		  		  		 	  
	  
	 	 			
	 Total Availability Reserves
	  		  		 	$	—  	  	 			
		  		  		 	  
	  
	 	 	  
	  
	 
	 Total Borrowing Base
	  		  		 	$	—  	  	 	$	—  	  
		  		  		 	  
	  
	 	 	  
	  
	 
	 Excess Availability
	  		  		 	 	—  	  	 	 	—  	  
		  		  		 	  
	  
	 	 	  
	  
	 
	 Total Capped Borrowing Base (Revolver/FILO capped at $55,000,000/$6,000,000)
	  		  		 	$	—  	  	 	$	—  	  
		  		  		 	  
	  
	 	 	  
	  
	 

													
	 Destination Maternity Corporation
	  		  	As of Date:	  				  	 	9/30/2012	  
	 Borrowing Base Certificate
	  		  	Certificate #	  				  	 	1	  
					
	 	  	 	  	 	  	Tranche A	 	  	Tranche A-1	 
	 AVAILABILITY CALCULATION
	  		  		  	$	—  	  	  	$	—  	  
					
	 Beginning Principal Balance
	  	as of:	  	 9/30/2012
	  	 	—  	  	  	 	—  	  
	 ADD:
	  		  	 Prior days advance
	  	 	—  	  	  	 	—  	  
	 ADD:
	  		  	 Fees charged today
	  	 	—  	  	  	 	—  	  
	 ADD:
	  		  	 Legal Fees
	  	 	—  	  	  	 	—  	  
	 ADD:
	  		  	 Prior day's requested lending
	  	 	—  	  	  	 	—  	  
	 LESS:
	  		  	 Prior day's pay down
	  	 	—  	  	  	 	—  	  
		  		  		  	  
	  
	 	  	  
	  
	 
	 Ending principal balance prior to advance request
	  		  		  	 	—  	  	  	 	—  	  
		  		  		  	  
	  
	 	  	  
	  
	 
	 Advance Request
	  		  		  	$	—  	  	  	$	—  	  
		  		  		  	  
	  
	 	  	  
	  
	 
	 Ending Principal Balance
	  		  		  	 	—  	  	  	 	—  	  
	 ADD:
	  		  	 Standby Letters of Credit
	  	 	—  	  	  	 	—  	  
	 ADD:
	  		  	 Commercial Letters of Credit
	  	 	—  	  	  	 	—  	  
		  		  		  	  
	  
	 	  	  
	  
	 
	 Total exposure
	  		  		  	$	—  	  	  	$	—  	  
		  		  		  	  
	  
	 	  	  
	  
	 
	 Net Availability After Today's Request / Pay Down
	  		  		  	$	—  	  	  	$	—  	  
		  		  		  	  
	  
	 	  	  
	  
	 
	 Minimum Excess Availability Covenant (> of (i) 10% of BBC or (ii) $4,500,000)
	  		  		  	 	—  	  	  	 	—  	  
		  		  		  	  
	  
	 	  	  
	  
	 
	 Net Availability After Covenant
	  		  		  	$	—  	  	  	$	—  	  
		  		  		  	  
	  
	 	  	  
	  
	 

 The undersigned, a Responsible Officer (as defined in the Credit Agreement referred to below) of Destination Maternity
Corporation (the “Lead Borrower”), represents and warrants that (A) the information set forth above and the supporting documentation and information delivered herewith (i) is true and correct in all respects, (ii) has been
prepared in accordance with the requirements of that certain Credit Agreement dated             , 2012 (as amended, restated, supplemented or otherwise modified from time to time, the
“Credit Agreement”), by, among others, (1) the Lead Borrower, as agent for itself and the other Borrowers party thereto, (2) the Lenders party thereto, and (3) Wells Fargo Bank, National Association, as Administrative Agent
and Collateral Agent (in such capacities, the “Agent”), and (iii) is based on supporting documentation that is satisfactory to the Agent, and (B) all accounts payable and Taxes are being paid on a timely basis and (C) no
Default or Event of Default (as such terms are defined in the Credit Agreement) has occurred and is continuing. 
  

					
	Responsible Officer	  	 	  	

 EXHIBIT H 
 FORM OF DDA NOTIFICATION 
 PREPARE ON BORROWER LETTERHEAD—ONE FOR EACH
DEPOSITORY 
 [DATE] 
  

	To:	[Name and Address of Bank] 

  

	 	Re:	[                           
     ] 

 The Account Numbers referenced on Exhibit A annexed hereto 

Dear Sir/Madam: 
 This letter
relates to the Account Numbers referenced on Exhibit A annexed hereto and any other depository account(s) (collectively the “Account”) which [            ], a
[            ] with an address at [            ] (the “Borrower”), now or hereafter maintains with you. The term
“Account” shall also mean any certificates of deposit, investments, or other evidence of indebtedness heretofore or hereafter issued by you to or for the account of the Borrower. 

Under various agreements between, among others, the Borrower and Wells Fargo Bank, National Association, a national banking association
with an office at One Boston Place, 18th Floor, Boston, MA 02108, as administrative and collateral agent (in such capacities, herein the “Administrative Agent”) for its own benefit and the benefit of a syndicate of revolving lenders and
certain other credit parties (the “Credit Parties”), the Borrower has granted to the Administrative Agent (for its own benefit and the benefit of the Credit Parties) security interests in and to, among other things, the Borrower’s
accounts, accounts receivable, inventory, and proceeds therefrom, including, without limitation, the proceeds now or hereafter deposited in the Account or evidenced thereby. Consequently, the present and all future contents of the Account constitute
the Administrative Agent’s collateral. 
 Until you receive written notification from the Administrative Agent that the
interest of the Administrative Agent and the other Credit Parties in the Accounts has been terminated, all funds from time to time on deposit in each of the Accounts, net of such minimum balance, not to exceed $2,500.00, as may be required by you to
be maintained in each of the Accounts, shall be transferred on each business day only as follows: 
  

	 	(a)	By ACH, Depository Transfer Check, or Electronic Depository Transfer to: 

  
 1 

 [Name of Bank] 
 ABA #                      

Account No.
                     

Re:                     

 or 

(b) As you may be otherwise instructed from time to time in writing by an officer of the Administrative Agent. 

Upon request of the Administrative Agent, a copy of each statement issued with respect to the Account should be provided to the
Administrative Agent at the following addresses (which address may be changed upon seven (7) days’ written notice given to you by the Administrative Agent): 
 Wells Fargo Bank, National Association 
 One Boston Place, 19th Floor 

Boston, Massachusetts 02108 
 Attention: Michele L. Ayou, Director—Destination Maternity 
 Telephone:
617-854-7246 
 Email: michele.l.ayou@wellsfargo.com 
 You shall be fully protected in acting on any order or direction by the Administrative Agent respecting the Accounts without making any inquiry whatsoever as to the Administrative Agent’s right or
authority to give such order or direction or as to the application of any payment made pursuant thereto, except to the extent liability arises from gross negligence or willful misconduct on your part. Nothing contained herein is intended to, nor
shall it be deemed to, modify the rights and obligations of the Borrower and the Administrative Agent under the terms of the loan arrangement and the loan documents executed in connection therewith between, among others, the Borrower and the
Administrative Agent. 
 This letter may be amended only by notice in writing signed by the Borrower and an officer of the
Administrative Agent and may be terminated solely by written notice signed by an officer of the Administrative Agent. 

[signature page follows] 

  
 2 

 
			
	Very truly yours,
	
[                 
                           ], as Borrower

		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 

  

	cc:	Wells Fargo Bank, National Association 

 DDA Notification 

 Exhibit A 
 Accounts 
 [see attached] 

 EXHIBIT I 
 FORM OF CREDIT CARD NOTIFICATION 
 PREPARE ON BORROWER
LETTERHEAD—ONE FOR EACH PROCESSOR 

                ,
             
  

	To:	[Name and Address of Credit Card Processor] (The “Processor”) 

 

	 	Re:	[            ] (the “Company”) 

    Merchant Account Number:
                 
 Dear Sir/Madam: 

Under various agreements between and among the Company, certain affiliates of the Company, Wells Fargo Bank, National Association,
a national banking association with offices at One Boston Place, Boston, MA 02108, as administrative and collateral agent (the “Agent”) for a syndicate of lenders and other credit parties (the “Credit Parties”)
party to a Credit Agreement dated as of November 1, 2012 (as amended, modified or supplemented from time to time, the “Credit Agreement”), the Company has granted to the Agent, for its own benefit and the benefit of the other
Credit Parties, a security interest in and to the Company’s inventory, accounts, general intangibles, equipment, and other assets, including, without limitation, all amounts due or to become due from the Processor to the Company. 

Under such agreements, the Company is obligated to deliver (or cause to be delivered) all proceeds of the Company’s accounts,
accounts receivable, and inventory to the Agent. Such proceeds include all payments with respect to credit card charges (the “Charges”) submitted by the Company to the Processor for processing and the amounts which the Processor
owes to the Company on account thereof (the “Credit Card Proceeds”). 
  

	1.	Until the Processor receives written notification from an officer of the Agent to the contrary, all amounts as may become due from time to time from the Processor to
the Company shall continue to be transferred only as follows: 

  

	 	(a)	By ACH, Depository Transfer Check, or Electronic Depository Transfer to: 

 [Name of Bank] 
 ABA #
                         
 Account No.                          

Re:
                         
 or 
  

	 	(b)	As the Processor may be instructed from time to time in writing by an officer of the Agent. 

	2.	Upon request of the Agent, a copy of each periodic statement provided by the Processor to the Company should be provided to the Agent at the following address (which
address may be changed upon seven (7) days’ written notice given to the Processor by the Agent): 

Wells Fargo Bank, National Association 
 One Boston Place 
 Boston, MA 02108 

Attention: Portfolio Manager 
 Re: Destination Maternity 
  

	3.	The Processor shall be fully protected in acting on any order or direction by the Agents respecting the Charges and the Credit Card Proceeds without making any inquiry
whatsoever as to the Agent’s right or authority to give such order or direction or as to the application of any payment made pursuant thereto. 

  
 2 

 This letter may be amended only by the written agreement of the Processor, the Company, and
an officer of the Agent and may be terminated solely by written notice signed by an officer of the Agent. 
  

			
	Very truly yours,
	
	
[                       
         ], as the Company

		
	By:	 	 
	Name:	 	 
	Title:	 	 

  

	cc:	Wells Fargo Bank, National Association 

 Credit Card Notification - [Name of Processor]

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