Document:

EX-4.3

 Exhibit 4.3 

SECURITY AGREEMENT 
 dated
as of 
 March 27, 2018 

among 
 THE GRANTORS IDENTIFIED
HEREIN 
 and 
 CORTLAND CAPITAL
MARKET SERVICES LLC, 
 as Collateral Agent 

 TABLE OF CONTENTS 

 
  

 

							
	 	 	 	  	PAGE	 
	 ARTICLE 1

DEFINITIONS
	  
  

			
	 Section 1.01.
	 	 Securities Purchase Agreement
	  	 	1	 
	 Section 1.02.
	 	 Other Defined Terms
	  	 	1	 
	 Section 1.03.
	 	 [Intercreditor and Subordination Agreement
	  	 	4	 
	 Section 1.04.
	 	 Senior Credit Agreement
	  	 	4	 
	
	ARTICLE 2	 
	PLEDGE OF SECURITIES	 
			
	 Section 2.01.
	 	 Pledge
	  	 	5	 
	 Section 2.02.
	 	 Delivery of the Pledged Securities
	  	 	5	 
	 Section 2.03.
	 	 Representations, Warranties and Covenants
	  	 	6	 
	 Section 2.04.
	 	 Certification of Limited Liability Company and Limited Partnership Interest
	  	 	8	 
	 Section 2.05.
	 	 Registration in Nominee Name; Denominations
	  	 	9	 
	 Section 2.06.
	 	 Voting Rights; Dividends and Interest
	  	 	9	 
	
	ARTICLE 3	 
	SECURITY INTERESTS IN PERSONAL PROPERTY	 
			
	 Section 3.01.
	 	 Security Interest
	  	 	11	 
	 Section 3.02.
	 	 Representations and Warranties
	  	 	13	 
	 Section 3.03.
	 	 Covenants
	  	 	14	 
	
	ARTICLE 4	 
	REMEDIES	 
			
	 Section 4.01.
	 	 Remedies Upon Default
	  	 	17	 
	 Section 4.02.
	 	 Application of Proceeds
	  	 	18	 
	 Section 4.03.
	 	 Grant of License to Use Intellectual Property
	  	 	19	 
	 Section 4.04.
	 	 Effect of Securities Laws
	  	 	19	 
	 Section 4.05.
	 	 Deficiency
	  	 	20	 
	 Section 4.06.
	 	 FCC Authorizations; Related Collateral
	  	 	20	 
	
	ARTICLE 5	 
	SUBORDINATION	 
			
	 Section 5.01.
	 	Subordination	  	 	20	 
	
	ARTICLE 6	 
	MISCELLANEOUS	 

  
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	 Section 6.01.
	 	 Notices
	  	 	21	 
	 Section 6.02.
	 	 Waivers; Amendment
	  	 	21	 
	 Section 6.03.
	 	 Collateral Agent’s Fees and Expenses; Indemnification
	  	 	21	 
	 Section 6.04.
	 	 Successors and Assigns
	  	 	22	 
	 Section 6.05.
	 	 Survival of Agreement
	  	 	22	 
	 Section 6.06.
	 	 Counterparts; Effectiveness; Several Agreement
	  	 	22	 
	 Section 6.07.
	 	 Severability
	  	 	22	 
	 Section 6.08.
	 	 Governing Law; Jurisdiction; Venue; Waiver of Jury Trial; Consent to Service of Process
	  	 	22	 
	 Section 6.09.
	 	 Headings
	  	 	23	 
	 Section 6.10.
	 	 Security Interest Absolute
	  	 	23	 
	 Section 6.11.
	 	 Termination, Release or Subordination
	  	 	23	 
	 Section 6.12.
	 	 Additional Grantors
	  	 	24	 
	 Section 6.13.
	 	 Collateral Agent Appointed
Attorney-in-Fact
	  	 	24	 
	 Section 6.14.
	 	 General Authority of the Collateral Agent
	  	 	25	 
	 Section 6.15.
	 	 Reasonable Care
	  	 	25	 
	 Section 6.16.
	 	 Delegation; Limitation
	  	 	25	 
	 Section 6.17.
	 	 Reinstatement
	  	 	25	 
			
	 Schedules
	 		  			
	 Schedule I
	 	 Subsidiary Parties
	  			
	 Schedule II
	 	 Pledged Equity and Pledged Debt
	  			
	 Schedule III
	 	 Commercial Tort Claims
	  			
			
	 Exhibits
	 		  			
	 Exhibit I
	 	 Form of Security Agreement Supplement
	  			
	 Exhibit II
	 	 Form of Perfection Certificate
	  			
	 Exhibit III
	 	 Form of Patent Security Agreement
	  			
	 Exhibit IV
	 	 Form of Trademark Security Agreement
	  			
	 Exhibit V
	 	 Form of Copyright Security Agreement
	  			

  
 ii 

 SECURITY AGREEMENT dated as of March 27, 2018 (as amended, restated, amended and
restated, supplemented and otherwise modified from time to time, the “Agreement”), by and among the Grantors (as defined below) and Cortland Capital Market Services LLC, as Collateral Agent for the Secured Parties (in such capacity
and together with its successors and permitted assigns in such capacity, the “Collateral Agent”). 
 Reference is made to
the Securities Purchase Agreement dated as of March 27, 2018 (as amended, restated, amended and restated, supplemented or otherwise modified in writing from time to time, the “SPA”), among Global Eagle Entertainment Inc., a
Delaware corporation (the “Issuer”) and each purchaser from time to time party thereto (collectively, the “Purchasers”). The Purchasers have agreed to purchase certain Notes issued by the Company subject to the
terms and conditions set forth in the SPA. The obligations of the Purchasers to purchase the Notes are conditioned upon, among other things, the execution and delivery of this Agreement. The Subsidiary Parties (as defined below) are affiliates of
the Issuer, will derive substantial benefits from the purchase of Notes by the Purchaser pursuant to the SPA, and are willing to execute and deliver this Agreement in order to induce the Purchasers to purchase such Notes. It is acknowledged and
agreed by all parties hereto that this Agreement is executed and effective on and from the Closing Date. Accordingly, the parties hereto agree as follows: 

ARTICLE 1 

DEFINITIONS 

Section 1.01.    Securities Purchase Agreement. 

(a)    Capitalized terms used in this Agreement and not otherwise defined herein have the meanings specified in the SPA.
All terms defined in the UCC (as defined herein) and not defined in this Agreement have the meanings specified therein; the term “instrument” shall have the meaning specified in Article 9 of the UCC. 

(b)    The rules of construction specified in Article 1 (including Sections 1.1 through 1.5) of the SPA also apply to this
Agreement. 
 Section 1.02.    Other Defined Terms. As used in this Agreement, the following terms have the
meanings specified below: 
 “Account Debtor” means any Person who is or who may become obligated to any Grantor under,
with respect to or on account of an Account. 
 “Accounts” has the meaning specified in Article 9 of the UCC. 

“Article 9 Collateral” has the meaning assigned to such term in Section 3.01(a). 

“CFC Holding Company” means a Domestic Subsidiary of the Issuer that owns no material assets (directly or through one or more
disregarded entities) other than the equity (including any debt instrument treated as equity for U.S. federal income tax purposes) of one or more Foreign Subsidiaries that are Controlled Foreign Corporations. 

“Collateral” means the Article 9 Collateral and the Pledged Collateral. 

“Collateral Agent” has the meaning assigned to such term in the preliminary statements to this Agreement. 

  
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 “Commercial Tort Claims” has the meaning specified in Article 9 of the UCC.

 “Controlled Foreign Corporation” means a Subsidiary of the Issuer that is a “controlled foreign corporation”
within the meaning of Section 957 of the Code. 
 “Copyright License” means any written agreement, now or hereafter in
effect, granting any use right to any third party under any Copyright now or hereafter owned by any Grantor or that such Grantor otherwise has the right to license, or granting any use right to any Grantor under any Copyright now or hereafter owned
by any third party, and all rights of such Grantor under any such agreement. 
 “Copyrights” means all of the following:
(a) all copyright rights in any work subject to the copyright Laws of the United States, whether as author, assignee, transferee or otherwise, and (b) all registrations and applications for registration of any such copyright in the United
States, including registrations, recordings, supplemental registrations and pending applications for registration in the USCO. 

“Enforcement Qualifications” has the meaning given to such term in the Senior Credit Agreement (as in effect on the date
hereof). 
 “Excluded Assets” has the meaning given to such term in the Senior Credit Agreement (as in effect on the date
hereof). 
 “Excluded Subsidiary” has the meaning given to such term in the Senior Credit Agreement. 

“First Lien Administrative Agent” means Citibank N.A., in its capacity as “administrative agent” for the Senior
Lenders under the Senior Credit Agreement (together with any successor is such capacity). 
 “First Lien Security
Agreement” means that certain security agreement, dated as of January 6, 2017 among the Issuer, the other grantors party thereto from time to time, Citibank, N.A., as Administrative Agent, as amended, restated, amended and restated,
supplemented and otherwise modified from time to time. 
 “General Intangibles” has the meaning specified in Article 9 of
the UCC. 
 “Grantor” means the Issuer, each Guarantor that is a party hereto, and each Guarantor that is a Domestic
Subsidiary that becomes a party to this Agreement after the Closing Date. 
 “Immaterial Subsidiary” has the meaning given
to such term in the Senior Credit Agreement (as in effect on the date hereof). 
 “Intellectual Property” means all
intellectual property of every kind and nature throughout the world, including: (a) Patents, Copyrights, Trademarks, trade secrets, intellectual property rights in software and databases and related documentation and all additions and
improvements to the foregoing and (b) renewals, extensions, supplements and continuations thereof. 

  
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 “Intellectual Property Security Agreements” means the short-form Patent
Security Agreement, short-form Trademark Security Agreement, and short-form Copyright Security Agreement, each substantially in the form attached hereto as Exhibits III, IV and V, respectively. 

“Issuer” has the meaning assigned to such term in the preliminary statements to this Agreement. 

“License” means any Patent License, Trademark License, Copyright License or other Intellectual Property license or sublicense
agreement to which any Grantor is a party; provided, that Licenses shall not include any Excluded Assets. 
 “Mortgaged
Property” has the meaning given to such term in the Senior Credit Agreement (as in effect on the date hereof). 
 “Patent
License” means any written agreement, now or hereafter in effect, granting to any third party any right to make, use or sell any invention on which a Patent, now or hereafter owned by any Grantor or that any Grantor otherwise has the right
to license, exists, or granting to any Grantor any right to make, use or sell any invention on which a Patent, now or hereafter owned by any third party, exists, and all rights of any Grantor under any such agreement. 

“Patents” means all of the following: (a) all letters patent of the United States, all registrations and recordings
thereof, and all applications for letters patent of the United States, including registrations, recordings and pending applications in the USPTO; and (b) all reissues, continuations, divisionals, continuations-in-part, improvements or extensions thereof, including the right to make, use and/or sell the inventions disclosed or claimed therein. 

“Perfection Certificate” means a certificate substantially in the form of Exhibit II, completed and supplemented with
the schedules and attachments contemplated thereby, and duly executed by a Responsible Officer of each Grantor. 
 “Pledged
Collateral” has the meaning assigned to such term in Section 2.01. 
 “Pledged Debt” has the meaning assigned
to such term in Section 2.01. 
 “Pledged Equity” has the meaning assigned to such term in Section 2.01. 

“Pledged Securities” means the Pledged Equity and Pledged Debt. 

“Proceeds” shall mean all “proceeds” as such term is defined in the UCC. 

“Purchasers” has the meaning assigned to such term in the preliminary statements to this Agreement. 

“Registered Intellectual Property Collateral” means the Collateral consisting of United States issued Patents, United States
registered Trademarks and United States registered Copyrights and, in each case, applications therefor. 
 “Security Agreement
Supplement” means an instrument substantially in the form of Exhibit I hereto. 
 “Secured Parties” means
Collateral Agent and the Purchasers. 

  
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 “Security Interest” has the meaning assigned to such term in
Section 3.01(a). 
 “SPA” has the meaning assigned to such term in the preliminary statements to this Agreement. 

“Subsidiary Parties” means (a) the Restricted Subsidiaries identified on Schedule I and (b) each other
Restricted Subsidiary that becomes a party to this Agreement as a Subsidiary Party after the Closing Date. 
 “Trademark
License” means any written agreement, now or hereafter in effect, granting to any third party any right to use any Trademark now or hereafter owned by any Grantor or that any Grantor otherwise has the right to license, or granting to any
Grantor any right to use any Trademark now or hereafter owned by any third party, and all rights of any Grantor under any such agreement. 

“Trademarks” means all of the following: (a) all trademarks, service marks, trade names, corporate names, fictitious
business names, and other source or business identifiers, now existing or hereafter adopted or acquired and whether registered or unregistered, all registrations and recordings thereof, and all registration and recording applications filed in
connection therewith, including registrations and registration applications in the USPTO or any similar offices in any State of the United States or any political subdivision thereof and all extensions or renewals thereof; and (b) all goodwill
connected with the use of and symbolized thereby; provided, that “Trademarks” shall not include any Excluded Assets. 

“UCC” means the Uniform Commercial Code as from time to time in effect in the State of New York; provided that, if
perfection or the effect of perfection or non-perfection or the priority of the security interest in any Collateral is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the
State of New York, “UCC” means the Uniform Commercial Code as in effect from time to time in such other jurisdiction for purposes of the provisions hereof relating to such perfection, effect of perfection or non-perfection or priority. 
 “USCO” means the United States Copyright Office. 

“USPTO” means the United States Patent and Trademark Office. 

Section 1.03.    Intercreditor and Subordination Agreement. Notwithstanding anything herein to the
contrary, the priority of the Liens and the security interest granted to the Collateral Agent pursuant to this Agreement and the exercise of any right or remedy by the Collateral Agent hereunder are subject in all respects to the provisions of the
Intercreditor and Subordination Agreement. In the event of any conflict between the terms of the Intercreditor and Subordination Agreement and this Agreement with respect to the priority of the Liens and the security Interest granted to the
Collateral Agent pursuant to this Agreement or with respect to the exercise of any right or remedy by the Collateral Agent hereunder, the terms of the Intercreditor and Subordination Agreement shall govern and control. 

Section 1.04.    Senior Credit Agreement. Capitalized terms used in this Agreement and defined by
reference to the Senior Credit Agreement have the meanings specified in the Senior Credit Agreement as in effect on the date hereof, provided that references in the Senior Credit Agreement to (i) the “Borrower” shall be deemed to mean
the Issuer, (ii) the “Loan Parties” shall be deemed to mean the Note Parties and (iii) the “Loan Documents” shall be deemed to mean the Note Documents. 

  
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 ARTICLE 2 

PLEDGE OF SECURITIES 

Section 2.01.    Pledge. As security for the payment or performance in full of the Note Obligations, including
the obligations arising pursuant to the Guaranty Agreement, each of the Grantors hereby pledges to the Collateral Agent, its successors and permitted assigns, for the benefit of the Secured Parties, and hereby grants to the Collateral Agent, its
successors and permitted assigns, for the benefit of the Secured Parties, a security interest in all of such Grantor’s right, title and interest in, to and under any and all of the following assets and properties now owned or at any time
hereafter acquired by such Grantor or in which such Grantor now has or at any time in the future may acquire right, title or interest: 

(i)    all Equity Interests held by it, including without limitation, the Equity Interests which are listed
on Schedule II, and any other Equity Interests obtained in the future by such Grantor and the certificates (if any) representing all such Equity Interests (the “Pledged Equity”); provided that the Pledged Equity shall
not include (A) Excluded Assets or (B) for the avoidance of doubt, Equity Interests in excess of 65% of the issued and outstanding Equity Interests of (1) any Restricted Subsidiary that is a CFC Holding Company and (2) any
Restricted Subsidiary that is a wholly owned Foreign Subsidiary that is directly owned by the Issuer or by any Subsidiary Guarantor; 

(ii)    (A) all debt securities owned by it, including without limitation, the debt securities which are
listed opposite the name of such Grantor on Schedule II, (B) any debt securities obtained in the future by such Grantor and (C) the promissory notes and any other instruments evidencing such debt securities (the “Pledged
Debt”); 
 (iii)    all other property that may be delivered to and held by the Collateral Agent
pursuant to the terms of this Agreement; 
 (iv)    subject to Section 2.06, all payments of
principal or interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of, in exchange for or upon the conversion of, and all other Proceeds received in respect of, the
securities referred to in clauses (i) and (ii) above; 
 (v)    subject to Section 2.06, all
rights and privileges of such Grantor with respect to the securities and other property referred to in clauses (i), (ii), (iii) and (iv) above; and 

(vi)    all Proceeds of any of the foregoing 

(the items referred to in clauses (i) through (vi) above being collectively referred to as the “Pledged Collateral”). For the avoidance
of doubt, neither “Pledged Collateral” nor any defined term used therein shall include any Excluded Assets. 
 TO HAVE AND TO HOLD
the Pledged Collateral, together with all right, title, interest, powers, privileges and preferences pertaining or incidental thereto, unto the Collateral Agent, its successors and permitted assigns, for the benefit of the Secured Parties, forever,
subject, however, to the terms, covenants and conditions hereinafter set forth. 
 Section 2.02.    Delivery of
the Pledged Securities. 

  
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 (a)    As of the Closing Date, each Grantor has delivered or caused to
be delivered to the Collateral Agent (or to the First Lien Administrative Agent pursuant to the First Lien Security Agreement), for the benefit of the Secured Parties, any and all Pledged Equity evidenced by a certificate and, to the extent required
to be delivered pursuant to Section 2.02(b) below, any and all Pledged Debt; provided that no Grantor shall be required to take any action to perfect the interest of the Secured Parties in the Pledged Equity of Foreign Subsidiaries that
are Immaterial Subsidiaries, including but not limited to delivering any pledges under the laws of any non-U.S. jurisdiction and delivering or causing to be delivered any certificates evidencing such Pledged
Equity. Each Grantor agrees promptly (but in any event within 10 Business Days after receipt by such Grantor or such longer period as the Collateral Agent may agree in its reasonable discretion) to deliver or cause to be delivered to the Collateral
Agent (or to the First Lien Administrative Agent pursuant to the First Lien Security Agreement), for the benefit of the Secured Parties, any and all Pledged Equity acquired after the Closing Date that is evidenced by a certificate and, to the extent
required to be delivered pursuant to Section 2.02(b), any and all Pledged Debt acquired after the Closing Date. 

(b)    Each Grantor will cause any Indebtedness for borrowed money having an aggregate principal amount in excess of
$5,000,000 owed to such Grantor by any Person that is evidenced by a duly executed promissory note to be pledged and delivered to the Collateral Agent (or to the First Lien Administrative Agent pursuant to the First Lien Security Agreement), for the
benefit of the Secured Parties, pursuant to the terms hereof. 
 (c)    Upon delivery to the Collateral Agent (or to the
First Lien Administrative Agent pursuant to the First Lien Security Agreement), any Pledged Securities shall be accompanied by stock or security powers, endorsements or allonges duly executed in blank or other instruments of transfer reasonably
satisfactory to the Collateral Agent (other than instruments or documents requiring actions in any non-U.S. jurisdiction related to Equity Interests of Foreign Subsidiaries). Each delivery of Pledged
Securities shall be accompanied by a schedule describing the Pledged Securities, which schedule shall be deemed to supplement Schedule II and made a part hereof; provided that failure to supplement Schedule II shall not affect
the validity of such pledge of such Pledged Securities. Each schedule so delivered shall supplement any prior schedules so delivered. 

(d)    No actions in any non-U.S. jurisdiction or required by the Laws of any non-U.S. jurisdiction shall be required in order to create any security interests in assets located, titled, registered or filed outside of the U.S. or to perfect such security interests (it being understood that
there shall be no security agreements or pledge agreements governed under the Laws of any non-U.S. jurisdiction). 

Section 2.03.    Representations, Warranties and Covenants. Each Grantor represents, warrants and covenants to
and with the Collateral Agent, for the benefit of the Secured Parties, that: 
 (a)    As of the date hereof,
Schedule II includes all Equity Interests, debt securities and promissory notes required to be pledged by such Grantor hereunder in order to satisfy the Collateral and Guarantee Requirement; 

(b)    the Pledged Equity issued by the Issuer or a wholly-owned Restricted Subsidiary have been duly and validly
authorized and issued by the issuers thereof and are fully paid and non-assessable (if applicable); 

  
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 (c)    except for the security interests granted hereunder, such Grantor
(i) is, subject to any transfers made in compliance with the SPA, the direct owner, beneficially and of record, of the Pledged Securities indicated on Schedule II to be owned by such Grantor, (ii) holds the same free and clear of
all Liens, other than (A) Liens created by the Collateral Documents and (B) Liens permitted pursuant to Section 8.2 of the SPA, and (iii) if reasonably requested by the Collateral Agent, will defend its title or interest thereto
or therein against any and all Liens (other than the Liens permitted pursuant to this Section 2.03(c)), however arising, of all Persons whomsoever; 

(d)    as of the Closing Date, except for restrictions and limitations (i) imposed or permitted by the Note
Documents, Contractual Obligations permitted pursuant to Section 8.8 of the SPA, or securities laws generally, (ii) imposed by the Communications Act with respect to any proposed transfer of control or assignment of a FCC Authorization,
and (iii) in the case of Pledged Equity of Persons that are not Subsidiaries, transfer restrictions that exist at the time of acquisition of Equity Interests in such Persons (but not entered into in contemplation thereof), the Pledged
Collateral is freely transferable and assignable, and none of the Pledged Collateral is subject to any option, right of first refusal, shareholders agreement, charter or bylaw provisions or contractual restriction of any nature that could reasonably
be expected to prohibit, impair, delay or otherwise affect, in each case, in any manner material and adverse to the Secured Parties the pledge of such Pledged Collateral hereunder, the sale or disposition thereof pursuant hereto or the exercise by
the Collateral Agent of rights and remedies hereunder; 
 (e)    the execution and performance by the Grantors of this
Agreement are within each Grantor’s corporate or limited liability company powers and have been duly authorized by all necessary corporate action or other organizational action; 

(f)    no approval, consent, exemption, authorization or other action, filing, notice or registration is necessary to
ensure the validity of the pledge effected hereby, except for (i) approvals, consents, exemptions, authorizations, or other actions by, or notices to, or filings and registrations necessary to perfect the Liens on the Collateral granted by the
Note Parties in favor of the Secured Parties (or release existing Liens) under applicable U.S. law, (ii) the approvals, consents, exemptions, authorizations, actions, notices and filings which have been duly obtained, taken, given or made and
are in full force and effect (except to the extent not required to be obtained, taken, given or made or in full force and effect pursuant to the Collateral and Guarantee Requirement) and (iii) those approvals, consents, exemptions,
authorizations or other actions, notices or filings, the failure of which to obtain or make could not reasonably be expected to have a Material Adverse Effect; 

(g)    by virtue of the execution and delivery by each Grantor of this Agreement, and delivery of the Pledged Equity to
and continued possession by the Collateral Agent in the State of New York, the Collateral Agent (for the benefit of the Secured Parties) has a legal, valid and perfected second-priority lien upon and security interest in such Pledged Equity as
security for the payment and performance of the Note Obligations to the extent such perfection is governed by the UCC, subject only to Liens permitted by Section 8.2 of the SPA and the Enforcement Qualifications; 

(h)    by virtue of (i) the filing of UCC financing statements or other appropriate filings, recordings or
registrations prepared by the Collateral Agent based upon the information provided to the Collateral Agent in the Perfection Certificate for filing in the applicable filing office, in each case, as required by the Collateral and Guarantee
Requirement and Section 7.10 of the SPA and (ii) delivery of the Pledged Debt to and continued possession of the Pledged Debt by the 

  
 7 

 
Collateral Agent in the State of New York, the Collateral Agent (for the benefit of the Secured Parties) has a legal, valid and perfected security interest in respect of all Collateral in which
the Security Interest in the Pledged Debt may be perfected by filing or recording in the United States (or any political subdivision thereof) and its territories and possessions pursuant to the UCC or by possession of the Pledged Debt (subject, in
each case, to the Enforcement Qualifications); and 
 (i)    the pledge effected hereby is effective to vest in the
Collateral Agent, for the benefit of the Secured Parties, the rights set forth herein of the Collateral Agent in the Pledged Collateral. 

Subject to the terms of this Agreement and the Intercreditor and Subordination Agreement, each Grantor hereby agrees that upon the occurrence
and during the continuance of an Event of Default, it will comply with instructions of the Collateral Agent with respect to the Equity Interests in such Grantor that constitute Pledged Equity hereunder without further consent by the applicable owner
or holder of such Equity Interests. 
 Notwithstanding anything to the contrary in this Agreement, to the extent any provision of this
Agreement or the SPA excludes any assets from the scope of the Pledged Collateral, or from any requirement to take any action to perfect any security interest in favor of the Collateral Agent in the Pledged Collateral, the representations,
warranties and covenants made by any relevant Grantor in this Agreement with respect to the creation, perfection or priority (as applicable) of the security interest granted in favor of the Collateral Agent (including, without limitation, this
Section 2.03) shall be deemed not to apply to such excluded assets. 
 Section 2.04.    Certification of
Limited Liability Company and Limited Partnership Interest. No interest in any limited liability company or limited partnership controlled by any Grantor that constitutes Pledged Equity is, or shall be, represented by a certificate unless the
limited liability company agreement or partnership agreement expressly provides that such interests shall be a “security” within the meaning of Article 8 of the UCC; provided that, (x) regardless of whether such Pledged Equity
is a “security” within the meaning of Article 8 of the UCC, any and all certificates evidencing such Pledged Equity shall be delivered to the Collateral Agent (or to the First Lien Administrative Agent pursuant to the First Lien Security
Agreement) in accordance with Section 2.02 and (y) the certification of the Equity Interests of each of N44 HQ, LLC, Emerging Markets Communications, LLC and EMC Satcom Technologies, LLC shall not be deemed to violate this
Section 2.04 so long as any and all certificates evidencing such Equity Interests are delivered to the Collateral Agent (or to the First Lien Administrative Agent pursuant to the First Lien Security Agreement) in accordance with
Section 2.02(a) hereof and the applicable Grantor shall have fulfilled all other requirements under Section 2.02 hereof applicable in respect thereof. If any limited liability company or limited partnership controlled by any Grantor, the
interest of which is pledged under Section 2.01, includes in its limited liability company agreement or partnership agreement that any interests in such limited liability company or such limited partnership be a “security” as defined
under Article 8 of the UCC, the applicable Grantor shall promptly certificate any Equity Interests in any such limited liability company or such limited partnership. To the extent an interest in any limited liability company or limited partnership
controlled by any Grantor and pledged under Section 2.01 is certificated or becomes certificated, (i) each such certificate shall be delivered to the Collateral Agent, pursuant to Section 2.02(a) and (ii) such Grantor shall
fulfill all other requirements under Section 2.02 applicable in respect thereof. To the extent an interest in any limited liability company or limited partnership controlled by any Grantor and pledged under Section 2.01 is an
“uncertificated security” as defined under Article 8 of the UCC, each Grantor shall not permit any issuer of such uncertificated securities (other than (x) an uncertificated security credited on the books of a 

  
 8 

 
Clearing Corporation or Securities Intermediary and (y) an uncertificated security issued by a Person that is not a Restricted Subsidiary of the Issuer) to (i) enter into any agreement
with any Person, other than the Collateral Agent, whereby such issuer effectively delivers “control” of such uncertificated securities under the UCC to such Person, or (ii) allow such uncertificated securities to become
“certificated securities”, as defined under Article 8 of the UCC, unless such Grantor complies with the procedures set forth in this Section 2.04. 

Section 2.05.    Registration in Nominee Name; Denominations. If an Event of Default shall have occurred and
be continuing and the Collateral Agent shall have given the Issuer two (2) Business Days prior written notice of its intent to exercise such rights, subject to the provisions of the Intercreditor and Subordination Agreement, (a) the
Collateral Agent, on behalf of the Secured Parties, shall have the right to hold the Pledged Equity in its own name as pledgee, the name of its nominee (as pledgee or as subagent) or the name of the applicable Grantor, endorsed or assigned in blank
or in favor of the Collateral Agent and each Grantor will promptly give to the Collateral Agent copies of any written notices or other written communications received by it with respect to Pledged Equity registered in the name of such Grantor and
(b) to the extent permitted by the documentation governing such Pledged Equity, the Collateral Agent shall have the right to exchange the certificates representing Pledged Equity for certificates of smaller or larger denominations for any
purpose consistent with this Agreement. 
 Section 2.06.    Voting Rights; Dividends and Interest. 

(a)    Subject to the provisions of the Intercreditor and Subordination Agreement, unless and until an Event of Default
shall have occurred and be continuing and the Collateral Agent shall have provided two (2) Business Days prior written notice to the Issuer that the rights of the Grantor under this Section 2.06 are being suspended: 

(i)    Each Grantor shall be entitled to exercise any and all voting and/or other consensual rights and
powers inuring to an owner of Pledged Securities or any part thereof and each Grantor agrees that it shall not exercise such rights in violation of this Agreement, the SPA and the other Note Documents. 

(ii)    The Collateral Agent shall promptly (after reasonable advance notice) execute and deliver to each
Grantor, or cause to be executed and delivered to such Grantor, all such proxies, powers of attorney and other instruments as such Grantor may reasonably request for the purpose of enabling such Grantor to exercise the voting and/or consensual
rights and powers it is entitled to exercise pursuant to subparagraph (i) above. 
 (iii)    Each
Grantor shall be entitled to receive and retain any and all dividends, interest, principal and other distributions paid on or distributed in respect of the Pledged Securities to the extent and only to the extent that such dividends, interest,
principal and other distributions are permitted by, and otherwise paid or distributed in accordance with, the terms and conditions of the SPA, the other Note Documents and applicable Laws; provided that any noncash dividends, interest,
principal or other distributions that would constitute Pledged Equity or Pledged Debt, whether resulting from a subdivision, combination or reclassification of the outstanding Equity Interests of the issuer of any Pledged Securities or received in
exchange for Pledged Securities or any part thereof, or in redemption thereof, or as a result of any merger, consolidation, acquisition or other exchange of assets to which such issuer may be a party or otherwise, shall be and become part of the
Pledged Collateral, and, if received by any Grantor, shall not be commingled by such Grantor with any of its other funds or property but shall be held separate and 

  
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apart therefrom, for the benefit of the Secured Parties and shall be promptly (and in any event within 10 Business Days or such longer period as the Collateral Agent may agree in its reasonable
discretion) delivered to the Collateral Agent in the same form as so received (with any endorsement reasonably requested by the Collateral Agent). So long as no Event of Default has occurred and is continuing, the Collateral Agent shall promptly
deliver to each Grantor any Pledged Securities in its possession if requested to be delivered to the issuer thereof in connection with any exchange or redemption of such Pledged Securities permitted by the SPA in accordance with this
Section 2.06(a)(iii). 
 (b)    Subject to the provisions of the Intercreditor and Subordination Agreement, upon
the occurrence and during the continuance of an Event of Default, after the Collateral Agent shall have notified the Issuer of the suspension of the Grantors’ rights under paragraph (a)(iii) of this Section 2.06, then all rights of any
Grantor to dividends, interest, principal or other distributions that such Grantor is authorized to receive pursuant to paragraph (a)(iii) of this Section 2.06 shall cease, and all such rights shall thereupon become vested in the Collateral
Agent, which shall have the sole and exclusive right and authority to receive and retain such dividends, interest, principal or other distributions. All dividends, interest, principal or other distributions received by any Grantor contrary to the
provisions of this Section 2.06 shall not be commingled by such Grantor with any of its other funds or property but shall be held separate and apart therefrom, for the benefit of the Collateral Agent and the Secured Parties and shall be
promptly (and in any event within 10 Business Days or such longer period as the Collateral Agent may agree in its reasonable discretion) delivered to the Collateral Agent upon demand in the same form as so received (with any endorsement reasonably
requested by the Collateral Agent). Any and all money and other property paid over to or received by the Collateral Agent pursuant to the provisions of this paragraph (b) shall be retained by the Collateral Agent in an account to be established
by the Collateral Agent upon receipt of such money or other property and shall be applied in accordance with the provisions of Section 4.02. After all Events of Default have been cured or waived, the Collateral Agent shall promptly repay to
each Grantor (without interest) all dividends, interest, principal or other distributions that such Grantor would otherwise be permitted to retain pursuant to the terms of paragraph (a)(ii) of this Section 2.06 and that remain in such account.

 (c)    Subject to the provisions of the Intercreditor and Subordination Agreement, upon the occurrence and during the
continuance of an Event of Default, after the Collateral Agent shall have provided the Issuer with notice of the suspension of its rights under paragraph (a)(i) of this Section 2.06, then all rights of any Grantor to exercise the voting and
consensual rights and powers it is entitled to exercise pursuant to paragraph (a)(i) of this Section 2.06, and the obligations of the Collateral Agent under paragraph (a)(ii) of this Section 2.06, shall cease, and all such rights shall
thereupon become vested in the Collateral Agent, which shall have the sole and exclusive right and authority to exercise such voting and consensual rights and powers; provided that, unless otherwise directed by the Requisite Purchasers, the
Collateral Agent shall have the right from time to time following and during the continuance of an Event of Default to permit the Grantors to exercise such rights. After all Events of Default have been cured or waived, each Grantor shall have the
exclusive right to exercise the voting and/or consensual rights and powers that the Issuer would otherwise be entitled to exercise pursuant to the terms of paragraph (a)(i) above, and the obligations of the Collateral Agent under paragraph (a)(ii)
of this Section 2.06 shall be reinstated. 
 (d)    In order to permit the Collateral Agent to exercise the voting
and other consensual rights which it may be entitled to exercise pursuant hereto and to receive all dividends and other distributions which it may be entitled to receive hereunder, each Grantor shall promptly execute and deliver (or cause to be
executed and delivered) to the Collateral Agent all proxies, dividend 

  
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payment orders and other instruments as the Collateral Agent may from time to time reasonably request, but in any event solely after an Event of Default has occurred and is continuing, and after
having provided required notice to Issuer of its desire to exercise its rights hereunder, and each Grantor acknowledges that the Collateral Agent may utilize the power of attorney set forth in Section 6.13 herein in accordance with the terms
thereof. 
 (e)    Any notice given by the Collateral Agent to the Issuer under Section 2.05 or this
Section 2.06 (i) shall be given in writing, (ii) may be given with respect to one or more Grantors at the same or different times and (iii) may suspend the rights of the Grantors under paragraph (a)(i) or paragraph (a)(iii) of this
Section 2.06 in part without suspending all such rights (as specified by the Collateral Agent in its sole and absolute discretion) and without waiving or otherwise affecting the Collateral Agent’s rights to give additional notices from
time to time suspending other rights so long as an Event of Default has occurred and is continuing. 

(f)    Notwithstanding anything to the contrary herein or in any other Note Document, the Collateral Agent shall not
exercise voting rights under this Section 2.06 with respect to any Pledged Securities unless and until it has obtained FCC consent to any transfers of control or assignments that would result from the assumption of voting rights for such
Pledged Securities (if applicable). 
 ARTICLE 3 

SECURITY INTERESTS IN PERSONAL PROPERTY 

Section 3.01.    Security Interest. 

(a)    As security for the payment or performance in full of the Note Obligations, including the obligations arising
pursuant to the Guaranty Agreement, each Grantor hereby pledges to the Collateral Agent, its successors and permitted assigns, for the benefit of the Secured Parties, and hereby grants to the Collateral Agent, its successors and permitted assigns,
for the benefit of the Secured Parties, a security interest (the “Security Interest”) in all right, title or interest in or to any and all of the following assets and properties now owned or at any time hereafter acquired by such
Grantor or in which such Grantor now has or at any time in the future may acquire any right, title or interest (collectively, the “Article 9 Collateral”): 

(i)    all Accounts; 

(ii)    all Chattel Paper; 

(iii)    all Documents; 

(iv)    all Equipment and Fixtures; 

(v)    all General Intangibles; 

(vi)    all Goods; 

(vii)    all Instruments; 

(viii)    all Inventory; 

  
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 (ix)    all Investment Property; 

(x)    all Letter-of-Credit
Rights to the extent constituting a Supporting Obligation for other Article 9 Collateral as to which perfection of security interests in such Article 9 Collateral is accomplished solely by the filing of a UCC financing statement; 

(xi)    all books and records pertaining to the Article 9 Collateral; 

(xii)    all Intellectual Property and Licenses; 

(xiii)    all Commercial Tort Claims listed on Schedule III and on any supplement thereto received
by the Collateral Agent pursuant to Section 3.03(g); and 
 (xiv)    to the extent not otherwise
included, all Proceeds, products, accessions, rents and profits of any and all of the foregoing and all Supporting Obligations, collateral security and guarantees given by any Person with respect to any of the foregoing; 

provided that, notwithstanding anything to the contrary in this Agreement, (i) this Agreement shall not constitute a grant of a security interest
in any Excluded Assets and (ii) the Article 9 Collateral (nor any defined term therein) shall not include any Excluded Assets. 

(b)    Subject to Section 3.01(e), each Grantor hereby irrevocably authorizes the Collateral Agent for the benefit of
the Secured Parties at any time and from time to time to file in any relevant jurisdiction any financing statements with respect to the Collateral or any part thereof and amendments thereto and continuations thereof that (i) indicate the
Collateral as “all assets of the debtor, whether now existing or hereafter arising” or words of similar effect as being of an equal or lesser scope or with greater detail and (ii) contain the information required by Article 9 of the
UCC or the analogous legislation of each applicable jurisdiction for the filing of any financing statement or amendment, including whether such Grantor is an organization, the type of organization and, if required, any organizational identification
number issued to such Grantor. Each Grantor agrees to provide such information to the Collateral Agent promptly upon any reasonable request. 

(c)    The Security Interest is granted as security only and shall not subject the Collateral Agent or any other Secured
Party to, or in any way alter or modify, any obligation or liability of any Grantor with respect to or arising out of the Collateral; provided that the foregoing will not limit or otherwise affect the obligations and liabilities of the
Grantors to the extent set forth herein and in the other Note Documents. 
 (d)    Upon three (3) Business Days
prior written notice (or, with respect to filings as of the Closing Date, without any such notice) to the applicable Grantor, the Collateral Agent is authorized to file with the USPTO or the USCO (or any successor office) additional documents
(including any Intellectual Property Security Agreements and/or supplements thereto) as may be necessary for the purpose of perfecting, confirming, continuing, enforcing or protecting the Security Interest in the Registered Intellectual Property
Collateral of each Grantor in which a security interest has been granted by each Grantor, and naming any Grantor as debtor and the Collateral Agent as secured party. 

(e)    Notwithstanding anything to the contrary in the Note Documents, none of the Grantors shall be required, nor is the
Collateral Agent authorized, (i) to perfect the Security 

  
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Interests granted by this Agreement (including Security Interests in Investment Property and Fixtures) by any means other than by (A) filings pursuant to the UCC in the office of the
secretary of state (or similar central filing office) of the relevant State(s), and filings in the applicable real estate records with respect to any fixtures relating to Mortgaged Property to the extent required by the Collateral and Guarantee
Requirement, (B) filings in United States government offices with respect to Intellectual Property of Grantor as expressly required elsewhere herein, (C) delivery to the Collateral Agent (or to the First Lien Administrative Agent pursuant
to the First Lien Security Agreement), to be held in its possession of all Collateral consisting of Instruments or certificated Pledged Collateral as expressly required elsewhere herein or (D) other methods expressly provided herein,
(ii) to enter into any deposit account control agreement, securities account control agreement or any other control agreement with respect to any deposit account, securities account or any other Collateral that requires perfection by
“control,” (iii) to take any action (other than the actions listed in clauses (i)(A) and (C) above) with respect to any assets located outside of the United States or any other assets, including any Intellectual Property registered in
any non-U.S. jurisdiction (and no security agreements or pledge agreements governed under the laws of any non-U.S. jurisdiction shall be required), (iv) to perfect in
any assets subject to a certificate of title statute or (v) to deliver any Equity Interests except as expressly provided in Section 2.02. 

Section 3.02.    Representations and Warranties. Each Grantor, jointly and severally, represents and warrants
to the Collateral Agent and the Secured Parties that: 
 (a)    Each Grantor has good and valid rights in and title
(except as otherwise permitted by the Note Documents) to (or, with respect to Licenses, a license or other permission to use) the Article 9 Collateral with respect to which it has purported to grant a Security Interest hereunder and has full
organizational power and authority to grant to the Collateral Agent the Security Interest in such Article 9 Collateral pursuant hereto and to execute, deliver and perform its obligations in accordance with the terms of this Agreement, without the
consent or approval of any Governmental Authority other than (i) any consent or approval that has been obtained or (ii) any consent or approval for which the lack thereof could not reasonably be expected to cause a Material Adverse Effect.

 (b)    The Perfection Certificate has been duly prepared, completed and executed and the information set forth
therein is correct and complete in all material respects (except the information therein with respect to the exact legal name of each Grantor shall be correct and complete in all respects) as of the Closing Date. The UCC financing statements or
other appropriate filings, recordings or registrations prepared by the Collateral Agent based upon the information provided to the Collateral Agent in the Perfection Certificate for filing in the applicable filing office (or specified by notice from
the Issuer to the Collateral Agent after the Closing Date in the case of filings, recordings or registrations (other than filings required to be made in the USPTO and the USCO in order to perfect the Security Interest in Article 9 Collateral
consisting of Registered Intellectual Property Collateral), in each case, as required by the Collateral and Guarantee Requirement and Section 7.10 of the SPA), are all the filings, recordings and registrations that are necessary to establish a
legal, valid and perfected security interest in favor of the Collateral Agent (for the benefit of the Secured Parties) in respect of all Collateral in which the Security Interest may be perfected by filing, recording or registration in the United
States (or any political subdivision thereof) and its territories and possessions pursuant to the UCC; provided, however, that additional filings may be necessary in the USPTO and USCO to perfect the Security Interest in any Registered
Intellectual Property Collateral acquired, owned, filed or developed by or on behalf of any Grantor after the date hereof. 

  
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 (c)    Each Grantor represents and warrants that the Intellectual
Property Security Agreements containing a description of all Registered Intellectual Property Collateral (other than, in each case, any Excluded Assets), have been delivered as of or prior to the date hereof to the Collateral Agent for recording
with the USPTO and the USCO pursuant to 35 U.S.C. § 261, 15 U.S.C. § 1060 or 17 U.S.C. § 205 and the regulations thereunder, as applicable (for the benefit of the Secured Parties) in respect of all Registered Intellectual Property
Collateral to the extent required by this Agreement or the SPA. To the extent a security interest may be perfected by filing, recording or registration with the USPTO or the USCO under the U.S. Federal intellectual property laws, then no further or
subsequent filing, re-filing, recording, rerecording, registration or reregistration is necessary (other than (i) such filings and actions as are necessary to perfect the Security Interest with respect to
any Registered Intellectual Property Collateral acquired, owned, filed or developed by or on behalf of any Grantor after the date hereof and (ii) the UCC financing and continuation statements contemplated in Section 3.02(b)). 

(d)    The Security Interest constitutes (i) a legal and valid security interest in all the Article 9 Collateral
securing the payment and performance of the Note Obligations, (ii) subject to the filings described in Section 3.02(b), a perfected security interest in all Article 9 Collateral in which a security interest may be perfected by filing,
recording or registering a financing statement or analogous document in the United States (or any political subdivision thereof) pursuant to the UCC, and (iii) subject to the filings described in Section 3.02(c), a perfected security
interest in all Intellectual Property included in the Article 9 Collateral in which a security interest may be perfected by filing, recording or registering a security agreement or analogous document with the USPTO or the USCO, as applicable.
Subject to the Intercreditor and Subordination Agreement, the Security Interest is and shall be prior to any other Lien on any of the Article 9 Collateral, other than any Liens permitted pursuant to Section 8.2 of the SPA. 

(e)    The Article 9 Collateral is owned by the Grantors free and clear of any Lien, except for Liens permitted pursuant
to Section 8.2 of the SPA. None of the Grantors has filed or consented to the filing of (i) any assignment in which any Grantor assigns any Article 9 Collateral or any security agreement or similar instrument covering any Article 9
Collateral with the USPTO or the USCO or (ii) any assignment in which any Grantor assigns any Collateral or any security agreement or similar instrument covering any Collateral with any foreign governmental, municipal or other office, which
financing statement or analogous document, assignment, security agreement or similar instrument is still in effect, except, in each case, for Liens expressly permitted pursuant to Section 8.2 of the SPA and assignments expressly permitted by
the SPA. 
 (f)    As of the date hereof, no Grantor has any Commercial Tort Claim in respect of which a complaint or a
counterclaim has been filed by such Grantor, seeking damages in an amount reasonably estimated to exceed $5,000,000, other than the Commercial Tort Claims listed on Schedule III. 

Section 3.03.    Covenants. 

(a)    The Issuer agrees to notify the Collateral Agent in writing (x) promptly, but in any event within five
(5) Business Days following (or such longer period as the Collateral Agent may agree in its reasonable discretion), any change in (i) the legal name of any Grantor, (ii) the identity or type of organization or corporate structure of
any Grantor, or (iii) the jurisdiction of organization of any Grantor and (y) promptly, but at any event within twenty (20) Business Days (or such longer period as the Collateral Agent may agree in its reasonable discretion) after any
change in (i) the chief executive office of any Grantor or (ii) the organizational identification number of such Grantor, if any. 

  
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 (b)    Subject to Section 3.01(e), each Grantor shall, at its own
expense, upon the reasonable request of the Collateral Agent, take any and all commercially reasonable actions necessary to defend title to the Collateral against all Persons and to defend the Security Interest of the Collateral Agent in the Article
9 Collateral and the priority thereof against any Lien not permitted pursuant to Section 8.2 of the SPA; provided that, nothing in this Agreement shall prevent any Grantor from discontinuing the operation or maintenance of any of its
assets or properties if such discontinuance is permitted by the SPA. 
 (c)    Subject to Section 3.01(e), each
Grantor agrees, at its own expense, to promptly execute, acknowledge, deliver and cause to be filed all such further instruments and documents and take all such actions as the Collateral Agent may from time to time reasonably request to better
assure, preserve, protect and perfect the Security Interest and the rights and remedies created hereby, including the payment of any fees and taxes reasonably required in connection with the execution and delivery of this Agreement, the granting of
the Security Interest and the filing of any financing statements or other documents in connection herewith or therewith. Notwithstanding the foregoing, nothing in this Agreement or in any other Note Document shall require any Grantor to make any
filings or take any other actions in any jurisdiction outside of the United States to record or perfect the Collateral Agent’s security interest in any Intellectual Property of any Grantor. 

(d)    Subject to the provisions of the Intercreditor and Subordination Agreement, at its option after the occurrence and
during the continuance of an Event of Default, upon five (5) Business Days’ prior written notice to the Grantors, the Collateral Agent may discharge past due taxes, assessments, charges, fees, Liens, security interests or other
encumbrances at any time levied or placed on the Collateral and not permitted pursuant to Section 8.2 of the SPA, and may pay for the maintenance and preservation of the Collateral to the extent any Grantor fails to do so as required by the SPA
or any other Note Document and within a reasonable period of time after the Collateral Agent has required that it do so, and each Grantor jointly and severally agrees to reimburse the Collateral Agent pursuant to the terms of the SPA; provided,
however, the Grantors shall not be obligated to reimburse the Collateral Agent with respect to any Intellectual Property that any Grantor has failed to maintain or pursue, or otherwise allowed to lapse, terminate or be put into the public domain
in accordance with Section 3.03(f)(iv). Nothing in this paragraph shall be interpreted as excusing any Grantor from the performance of, or imposing any obligation on the Collateral Agent or any Secured Party to cure or perform, any covenants or
other promises of any Grantor with respect to taxes, assessments, charges, fees, Liens, security interests or other encumbrances and maintenance as set forth herein or in the other Note Documents. 

(e)    If at any time any Grantor shall take a security interest in any property of an Account Debtor or any other Person
the value of which is in excess of $2,500,000 to secure payment and performance of an Account, such Grantor shall promptly grant a security interest to the Collateral Agent for the benefit of the Secured Parties; provided that,
notwithstanding anything to the contrary in this Agreement, such grant shall not constitute a grant of a security interest in any Excluded Assets. Such grant need not be filed of public record unless necessary to continue the perfected status of the
security interest against creditors of and transferees from the Account Debtor or other Person granting the security interest. 

(f)    Intellectual Property Covenants. 

(i)    Other than to the extent not prohibited herein or in the SPA, or with respect to registrations and
applications no longer used by or useful to Grantors in the applicable Grantor’s business operations, or except to the extent failure to act would not, 

  
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as deemed by the applicable Grantor in its reasonable business judgment, reasonably be expected to have a Material Adverse Effect, with respect to each registration or pending application of each
item of its Intellectual Property for which such Grantor has standing to do so, each Grantor agrees to take, at its expense, all reasonable steps, including, without limitation, in the USPTO, the USCO and any other governmental authority located in
the United States, to pursue the registration and maintenance of each Patent, Trademark, or Copyright registration or application now or hereafter included in the Collateral owned by such Grantor that are not Excluded Assets. 

(ii)    Other than to the extent not prohibited herein or in the SPA, or with respect to registrations and
applications no longer used by or useful to Grantors in the applicable Grantor’s business operations, or except as would not, as deemed by the applicable Grantor in its reasonable business judgment, reasonably be expected to have a Material
Adverse Effect, no Grantor shall do or permit any act or knowingly omit to do any act whereby any Intellectual Property owned by such Grantor, excluding Excluded Assets, may lapse, be terminated, become invalid or unenforceable or placed in the
public domain (or in the case of a trade secret, become publicly known). 
 (iii)    Other than as
excluded or as not prohibited herein or in the SPA, or with respect to Patents, Copyrights or Trademarks which are no longer used by or useful to Grantors in the applicable Grantor’s business operations, or except where failure to do so would
not, as deemed by the applicable Grantor in its reasonable business judgment, reasonably be expected to have a Material Adverse Effect, each Grantor shall take all reasonable steps to preserve and protect each item of Intellectual Property owned by
such Grantor, including, without limitation, maintaining the quality of any and all products or services used or provided in connection with any of the Trademarks owned by such Grantor, consistent with the quality of the products and services as of
the Closing Date, and taking reasonable steps necessary to ensure that all licensed users of any of the Trademarks abide by the applicable license’s terms with respect to standards of quality. 

(iv)    Notwithstanding any other provision of this Agreement, nothing in this Agreement or any other Note
Document prevents or shall be deemed to prevent any Grantor from disposing of, discontinuing the use or maintenance of, failing to pursue, or otherwise allowing to lapse, terminate or be put into the public domain, any of its Intellectual Property
to the extent permitted by the SPA if such Grantor determines in its reasonable business judgment that such disposition of, discontinuance, failure to pursue, or other allowance to lapse, termination, or placement in the public domain is desirable
in the conduct of its business. 
 (v)    Within the same delivery period as required for the delivery of
the financial statements required to be delivered under Section 7.1(a) and (b) of the SPA, the Issuer shall provide a list of any Registered Intellectual Property Collateral owned by all Grantors not listed in any Intellectual Property
Security Agreement previously delivered to the Collateral Agent, together with supplemental Intellectual Property Security Agreements covering all such Registered Intellectual Property Collateral duly executed by such Grantors and in proper form for
recording, and shall promptly file and record such supplemental Intellectual Property Security Agreements with the USPTO or the USCO, as applicable. 

(g)    Commercial Tort Claims. If the Grantors shall at any time hold or acquire a Commercial Tort Claim in an
amount reasonably estimated by such Grantor to exceed $5,000,000 

  
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for which this clause has not been satisfied and for which a complaint in a court of competent jurisdiction has been filed, such Grantor shall, on the date on which financial statements are
delivered to the Collateral Agent pursuant to Section 7.1(a) or (b) of the SPA for the fiscal quarter in which such complaint was filed, notify the Collateral Agent thereof in a writing signed by such Grantor including a summary
description of such claim and grant to the Collateral Agent, for the benefit of the Secured Parties, in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement. 

ARTICLE 4 
 REMEDIES

 Section 4.01.    Remedies Upon Default. Subject to the provisions of the Intercreditor and Subordination
Agreement, upon the occurrence and during the continuance of an Event of Default, it is agreed that the Collateral Agent shall have the right to exercise any and all rights afforded to a secured party with respect to the Note Obligations, including
the obligations arising pursuant to the Guaranty Agreement, under the UCC or other applicable Law or in equity and also may (i) require each Grantor to, and each Grantor agrees that it will at its expense and upon request of the Collateral
Agent, promptly assemble all or part of the Collateral as directed by the Collateral Agent and make it available to the Collateral Agent at a place and time to be designated by the Collateral Agent that is reasonably convenient to both parties;
(ii) occupy any premises owned or, to the extent lawful and permitted, leased by any of the Grantors where the Collateral or any part thereof is assembled or located for a reasonable period in order to effectuate its rights and remedies
hereunder or under Law, without obligation to such Grantor in respect of such occupation; provided that the Collateral Agent shall provide the applicable Grantor with written notice thereof prior to such occupancy; (iii) exercise any and all
rights and remedies of any of the Grantors under or in connection with the Collateral, or otherwise in respect of the Collateral; provided that the Collateral Agent shall provide the applicable Grantor with written notice thereof prior to such
exercise; and (iv) subject to the mandatory requirements of applicable Law and the notice requirements described below, sell or otherwise dispose of all or any part of the Collateral securing the Note Obligations at a public or private sale or
at any broker’s board or on any securities exchange, for cash, upon credit or for future delivery as the Collateral Agent shall deem appropriate. The Collateral Agent shall be authorized at any such sale of securities (if it deems it advisable
to do so) to restrict the prospective bidders or purchasers to Persons who will represent and agree that they are purchasing the Collateral for their own account for investment and not with a view to the distribution or sale thereof, and upon
consummation of any such sale the Collateral Agent shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Collateral so sold. Each such purchaser at any sale of Collateral shall hold the property sold
absolutely free from any claim or right on the part of any Grantor, and each Grantor hereby waives (to the extent permitted by Law) all rights of redemption, stay and appraisal which such Grantor now has or may at any time in the future have under
any Law now existing or hereafter enacted. 
 The Collateral Agent shall give the applicable Grantors 10 days’ written notice (which
each Grantor agrees is commercially reasonable notice within the meaning of Section 9-611 of the UCC or its equivalent in other jurisdictions) of the Collateral Agent’s intention to make any sale of
Collateral. Such notice, in the case of a public sale, shall state the time and place for such sale and, in the case of a sale at a broker’s board or on a securities exchange, shall state the board or exchange at which such sale is to be made
and the day on which the Collateral, or portion thereof, will first be offered for sale at such board or exchange. Any such public sale shall be held at such time or times within ordinary business hours and at such place or places as the Collateral

  
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Agent may fix and state in the notice (if any) of such sale. At any such sale, the Collateral, or portion thereof, to be sold may be sold in one lot as an entirety or in separate parcels, as the
Collateral Agent may (in its sole and absolute discretion) determine. The Collateral Agent shall not be obligated to make any sale of any Collateral if it shall determine not to do so, regardless of the fact that notice of sale of such Collateral
shall have been given. The Collateral Agent may, without notice or publication, adjourn any public or private sale or cause the same to be adjourned from time to time by announcement at the time and place fixed for sale, and such sale may, without
further notice, be made at the time and place to which the same was so adjourned. In case any sale of all or any part of the Collateral is made on credit or for future delivery, the Collateral so sold may be retained by the Collateral Agent until
the sale price is paid by the purchaser or purchasers thereof, but the Collateral Agent shall not incur any liability in case any such purchaser or purchasers shall fail to take up and pay for the Collateral so sold and, in case of any such failure,
such Collateral may be sold again upon like notice. At any public (or, to the extent permitted by applicable Law, private) sale made pursuant to this Agreement, any Secured Party may bid for or purchase, free (to the extent permitted by applicable
Law) from any right of redemption, stay, valuation or appraisal on the part of any Grantor (all said rights being also hereby waived and released to the extent permitted by applicable Law), the Collateral or any part thereof offered for sale and may
make payment on account thereof by using any claim then due and payable to such Secured Party from any Grantor as a credit against the purchase price, and such Secured Party may, upon compliance with the terms of sale, hold, retain and dispose of
such property without further accountability to any Grantor therefor. For purposes hereof, a written agreement to purchase the Collateral or any portion thereof shall be treated as a sale thereof; the Collateral Agent shall be free to carry out such
sale pursuant to such agreement and no Grantor shall be entitled to the return of the Collateral or any portion thereof subject thereto, notwithstanding the fact that after the Collateral Agent shall have entered into such an agreement all Events of
Default shall have been remedied and the Note Obligations paid in full. As an alternative to exercising the power of sale herein conferred upon it, the Collateral Agent may proceed by a suit or suits at Law or in equity to foreclose this Agreement
and to sell the Collateral or any portion thereof pursuant to a judgment or decree of a court or courts having competent jurisdiction or pursuant to a proceeding by a court-appointed receiver. Any sale pursuant to the provisions of this
Section 4.01 shall be deemed to conform to the commercially reasonable standards as provided in Section 9-610(b) of the UCC or its equivalent in other jurisdictions. 

Section 4.02.    Application of Proceeds. The Collateral Agent shall apply the proceeds of any collection or
sale of Collateral, including any Collateral consisting of cash, first, to the payment of the Note Obligations then due and owing, and second, the balance, if any, to the Issuer or as otherwise required by applicable law. 

The Collateral Agent shall have absolute discretion as to the time of application of any such proceeds, moneys or balances in accordance with
this Agreement. Upon any sale of Collateral by the Collateral Agent (including pursuant to a power of sale granted by statute or under a judicial proceeding), the receipt of the Collateral Agent or of the officer making the sale shall be a
sufficient discharge to the purchaser or purchasers of the Collateral so sold and such purchaser or purchasers shall not be obligated to see to the application of any part of the purchase money paid over to the Collateral Agent or such officer or be
answerable in any way for the misapplication thereof. 
 The Collateral Agent shall have no liability to any of the Secured Parties for
actions taken in reliance on information supplied to it as to the amounts of unpaid principal and interest and other amounts outstanding with respect to the Note Obligations, provided that nothing in this sentence shall prevent any Grantor
from contesting any amounts claimed by any Secured Party in 

  
 18 

 
any information so supplied. All distributions made by the Collateral Agent pursuant to this Section 4.02 shall be final (absent manifest error). 

Section 4.03.    Grant of License to Use Intellectual Property. Subject to the provisions of the Intercreditor
and Subordination Agreement, for the exclusive purpose of enabling the Collateral Agent to exercise rights and remedies under this Agreement at and during the continuance of such time as the Collateral Agent shall be lawfully entitled to exercise
such rights and remedies at any time after and during the continuance of an Event of Default, each Grantor hereby grants to the Collateral Agent a nonexclusive, royalty-free, limited license (exercisable until the termination or cure of the Event of
Default) to use, license or sublicense any of the Intellectual Property now owned or hereafter acquired by such Grantor or for which such Grantor has the ability to grant sublicenses, and wherever the same may be located, and including in such
license reasonable access to all media in which any of the licensed items may be recorded or stored and to all computer software used for the compilation or printout thereof; provided, however, that all of the foregoing rights of the Collateral
Agent to use such licenses, sublicenses and other rights, and (to the extent permitted by the terms of such licenses and sublicenses) all licenses and sublicenses granted thereunder, shall expire immediately upon the termination or cure of all
Events of Default (together with the Issuer’s written notice to the Collateral Agent of such termination or cure) and shall be exercised by the Collateral Agent solely in connection with the Collateral Agent’s exercise of remedies pursuant
to Section 4.01 and, to the extent reasonably practicable, upon prior written notice to the Issuer, and nothing in this Section 4.03 shall require Grantors to grant any license that is prohibited by any rule of law, statute or regulation,
or is prohibited by, or constitutes a breach or default under or results in the termination of any contract, license, agreement, instrument or other document evidencing, giving rise to or theretofore granted, to the extent permitted by the SPA, with
respect to such property or otherwise unreasonably prejudices the value thereof to the relevant Grantor; provided, further, that any such license and any such license granted by the Collateral Agent to a third party shall include reasonable and
customary terms and conditions necessary to preserve the existence, validity and enforceability of the affected Intellectual Property, including provisions requiring the continuing confidential handling of trade secrets, requiring the use of
appropriate notices and prohibiting the use of false notices, quality control and inurement provisions with regard to Trademarks, patent designation provisions with regard to Patents, copyright notices and restrictions on decompilation and reverse
engineering of copyrighted software (it being understood and agreed that, without limiting any other rights and remedies of the Collateral Agent under this Agreement, any other Note Document or applicable Law, nothing in the foregoing license grant
shall be construed as granting the Collateral Agent rights in and to such Intellectual Property above and beyond (x) the rights to such Intellectual Property that each Grantor has reserved for itself and (y) in the case of Intellectual
Property that is licensed to any such Grantor by a third party, the extent to which such Grantor has the right to grant a sublicense under such Intellectual Property hereunder). For the avoidance of doubt, the use of such license by the Collateral
Agent may be exercised, at the option of the Collateral Agent, only during the continuance of an Event of Default. Upon the occurrence and during the continuance of an Event of Default, the Collateral Agent may also exercise the rights afforded
under Section 4.01 of this Agreement with respect to Intellectual Property contained in the Article 9 Collateral. 

Section 4.04.    Effect of Securities Laws. Each Grantor recognizes that the Collateral Agent may be unable to
effect a public sale of any or all of the Pledged Collateral by reason of certain prohibitions contained in the Securities Act and applicable state securities laws or otherwise, and may be compelled to resort to one or more private sales thereof to
a restricted group of purchasers which will be obliged to agree, among other things, to acquire such securities for their own account for investment and not with a view to the distribution or resale thereof. 

  
 19 

 
Each Grantor acknowledges and agrees that any such private sale may result in prices and other terms less favorable than if such sale were a public sale and, notwithstanding such circumstances,
agrees that any such private sale shall be deemed to have been made in a commercially reasonable manner. The Collateral Agent shall be under no obligation to delay a sale of any of the Pledged Collateral for the period of time necessary to permit
the applicable issuer thereof to register such securities for public sale under the Securities Act, or under applicable state securities laws, even if such issuer would agree to do so. 

Section 4.05.    Deficiency. Each Grantor shall remain liable for any deficiency if the proceeds of any sale
or other disposition of the Collateral are insufficient to pay its Note Obligations and, to the extent set forth herein and in the other Note Documents, the fees and disbursements of any attorneys employed by any Secured Party to collect such
deficiency. 
 Section 4.06.    FCC Authorizations; Related Collateral. 

(a)    The Collateral Agent’s rights hereunder (and the rights of any receiver appointed by reason of the exercise of
remedies hereunder) with respect to the FCC Authorizations and any Collateral subject to such FCC Authorizations, as applicable, are expressly subject to, and limited by any obligations and/or restrictions imposed by, the Communications Act. 

(b)    Notwithstanding anything to the contrary contained in this Agreement, but without waiving or limiting any
obligations of any Grantor hereunder, neither the Collateral Agent nor any receiver appointed by reason of the exercise of remedies hereunder shall control, supervise, direct, or manage, or attempt to control, supervise, direct, or manage, the
business of any Grantor, in any case that would constitute or result in any assignment of any FCC Authorization or a direct or indirect transfer of control of any Grantor, or any FCC Authorization, whether de jure or de facto, if such assignment or
such direct or indirect transfer of control would require, under the Communications Act, the prior approval of the FCC or any other Governmental Authority without first obtaining such approval. 

(c)    Subject to the terms and conditions herein, each Grantor agrees to take any lawful action with respect to
requesting and obtaining any approvals from any Governmental Authority that may be required by Law which the Collateral Agent may reasonably request in order to obtain and enjoy the full rights and benefits granted to the Collateral Agent and the
Secured Parties by this Agreement, including, specifically, after the occurrence and during the continuance of any Event of Default and an exercise of the Collateral Agent’s remedies hereunder, such Grantor’s full cooperation in lawfully
obtaining any approval of the FCC and of any other Governmental Authority that is then required under the Communications Act or any other Law for the exercise of the Collateral Agent’s remedies under this Agreement. 

ARTICLE 5 

SUBORDINATION 

Section 5.01.    Subordination. 

(a)    Notwithstanding any provision of this Agreement to the contrary, all rights of the Grantors to indemnity,
contribution or subrogation under applicable Law or otherwise shall be fully subordinated to the payment in full of the Note Obligations (other than contingent indemnification obligations as to which no claim has been asserted). No failure on the
part of the Issuer or any other Grantor to make the payments required under applicable Law or otherwise 

  
 20 

 
shall in any respect limit the obligations and liabilities of any Grantor with respect to its obligations hereunder, and each Grantor shall remain liable for the full amount of the Obligations of
such Grantor hereunder. 
 (b)    Each Grantor hereby agrees that upon the occurrence and during the continuance of an
Event of Default and after written notice from the Collateral Agent, all Indebtedness owed to it by any other Grantor shall be fully subordinated to the payment in full of the Note Obligations (other than contingent indemnification obligations as to
which no claim has been asserted). 
 ARTICLE 6 

MISCELLANEOUS 

Section 6.01.    Notices. All communications and notices hereunder shall (except as otherwise expressly
permitted herein) be in writing and given as provided in Section 13.1 of the SPA. All communications and notices hereunder to the Issuer or any other Grantor shall be given to it in care of the Issuer as provided in Section 13.1 of the
SPA. 
 Section 6.02.    Waivers; Amendment. 

(a)    No failure or delay by any Secured Party in exercising any right, remedy, power or privilege hereunder or under any
other Note Document shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power
or privilege. The rights, remedies, powers and privileges of the Secured Parties herein provided, and provided under each other Note Document, are cumulative and are not exclusive of any rights, remedies, powers and privileges provided by Law. No
waiver of any provision of this Agreement or consent to any departure by any Grantor therefrom shall in any event be effective unless the same shall be permitted by paragraph (b) of this Section 6.02, and then such waiver or consent shall
be effective only in the specific instance and for the purpose for which given. Without limiting the generality of the foregoing, the issuance of a Note to a Purchaser 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. 

(b)    Neither this Agreement nor any provision hereof may be waived, amended or modified except pursuant to an agreement
or agreements in writing entered into by the Collateral Agent and the Grantor or Grantors with respect to which such waiver, amendment or modification is to apply, subject to the Collateral and Guarantee Requirement and any consent required in
accordance with Section 13.8 of the SPA. 
 Section 6.03.    Collateral Agent’s Fees and
Expenses; Indemnification. 
 (a)    The parties hereto agree that the Collateral Agent shall be entitled to
reimbursement of its reasonable and documented out-of-pocket expenses incurred hereunder and indemnity for its actions in connection herewith as provided in Sections
13.4 and 13.5 of the SPA. 
 (b)    Any such amounts payable as provided hereunder shall be additional Note Obligations
secured hereby and by the other Collateral Documents. The provisions of this Section 6.03 shall remain operative and in full force and effect regardless of the termination of this Agreement or any other Note Document, the consummation of the
transactions contemplated 

  
 21 

 
hereby, the repayment of any of the Note Obligations, the invalidity or unenforceability of any term or provision of this Agreement or any other Note Document, or any investigation made by or on
behalf of the Collateral Agent or any other Secured Party. All amounts due under this Section 6.03 shall be payable within 30 days of written demand therefor (including documentation reasonably supporting such request). 

Section 6.04.    Successors and Assigns. The provisions of this Agreement shall be binding upon and inure to
the benefit of the parties here to and their respective successors and assigns. 
 Section 6.05.    Survival of
Agreement. All covenants, agreements, representations and warranties made by the Grantors hereunder and in the other Note Documents and in the certificates or other instruments prepared or delivered in connection with or pursuant to this
Agreement shall be considered to have been relied upon by the Secured Parties and shall survive the execution and delivery of the Note Documents, the issuance of any Notes to a Purchaser, regardless of any investigation made by any Secured Party or
on its behalf and notwithstanding that any Secured Party may have had notice or knowledge of any Default or Event of Default at the time any Note was purchased under the SPA, and shall continue in full force and effect as long as this Agreement has
not been terminated or released pursuant to Section 6.11 below. 
 Section 6.06.    Counterparts;
Effectiveness; Several Agreement. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Delivery by facsimile or other
electronic communication of an executed counterpart of a signature page to this Agreement shall be effective as delivery of an original executed counterpart of this Agreement. This Agreement shall become effective as to any Grantor when a
counterpart hereof executed on behalf of such Grantor shall have been delivered to the Collateral Agent and a counterpart hereof shall have been executed on behalf of the Collateral Agent, and thereafter shall be binding upon such Grantor and the
Collateral Agent and their respective permitted successors and assigns, and shall inure to the benefit of such Grantor, the Collateral Agent and the other Secured Parties and their respective permitted successors and assigns, except that no Grantor
shall have the right to assign or transfer its rights or obligations hereunder or any interest herein (and any such assignment or transfer shall be void) without the prior written consent of the Collateral Agent, except to the extent permitted by
the SPA. This Agreement shall be construed as a separate agreement with respect to each Grantor and may be amended, restated, modified, supplemented, waived or released with respect to any Grantor without the approval of any other Grantor and
without affecting the obligations of any other Grantor hereunder. 
 Section 6.07.    Severability.
If any provision of this Agreement is held to be illegal, invalid or unenforceable, the legality, validity and enforceability of the remaining provisions of this Agreement shall not be affected or impaired thereby. The invalidity of a provision
in a particular jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 

Section 6.08.    Governing Law; Jurisdiction; Venue; Waiver of Jury Trial; Consent to Service of Process. 

(a)    The terms of Sections 13.6 and 13.7 of the SPA with respect to governing law, submission of jurisdiction, venue and
waiver of jury trial are incorporated herein by reference, mutatis mutandis, and the parties hereto agree to such terms. 

  
 22 

 (b)    Each party to this Agreement irrevocably consents to service of
process in the manner provided for notices in Section 6.01. Nothing in this Agreement will affect the right of any party to this Agreement to serve process in any other manner permitted by Law. 

Section 6.09.    Headings. Article and Section headings and the Table of Contents used herein are for
convenience of reference only, are not part of this Agreement and are not to affect the construction of, or to be taken into consideration in interpreting, this Agreement. 

Section 6.10.    Security Interest Absolute. To the extent permitted by Law, all rights of the Collateral
Agent hereunder, the Security Interest, the grant of a security interest in the Collateral and all obligations of each Grantor hereunder shall be absolute and unconditional irrespective of (a) any lack of validity or enforceability of the SPA,
any other Note Document, any agreement with respect to any of the Note Obligations or any other agreement or instrument relating to any of the foregoing, (b) any change in the time, manner or place of payment of, or in any other term of, all or
any of the Note Obligations, or any other amendment or waiver of or any consent to any departure from the SPA, any other Note Document or any other agreement or instrument, (c) any exchange, release or
non-perfection of any Lien on other collateral, or any release or amendment or waiver of or consent under or departure from any guarantee, securing or guaranteeing all or any of the Note Obligations or
(d) any other circumstance that might otherwise constitute a defense (other than defense of payment or performance) available to, or a discharge of, any Grantor in respect of the Note Obligations or this Agreement. 

Section 6.11.    Termination, Release or Subordination. 

(a)    This Agreement (other than with respect to provisions hereof that expressly survive termination), the Security
Interest and all other security interests granted hereby shall terminate with respect to all Note Obligations and any Liens arising therefrom shall be automatically released upon termination of and payment in full of all Note Obligations and the
expiration or termination of all Notes issued thereunder (other than, in each case, contingent indemnification obligations as to which no claim has been asserted). 

(b)    A Subsidiary Party shall automatically be released from its obligations hereunder and the Security Interest and any
Liens granted herein to the Collateral Agent in the Collateral of such Subsidiary Party shall be automatically released upon the consummation of any transaction permitted by and in accordance with the terms of the SPA as a result of which such
Subsidiary Party ceases to be a Restricted Subsidiary of the Issuer or becomes an Excluded Subsidiary. 
 (c)    Upon
any Disposition by any Grantor of any Collateral that is permitted under and in accordance with the terms of the SPA (other than a sale or transfer to another Note Party), or upon the effectiveness of any written consent to the release of the
security interest granted hereby in any Collateral pursuant to Section 13.8 of the SPA, the security interest in such Collateral shall be automatically released. 

(d)    The security interest granted hereby in any Collateral shall be subordinated to another Lien permitted by
Section 8.2 of the SPA (other than the Liens permitted by Section 8.2(jj) of the SPA) to be senior to the Liens securing the Note Obligations, in accordance with the terms of Section 13.19(b) of SPA, either (i) upon an election
by the Collateral Agent to subordinate such security interest or (ii) in respect of Liens permitted by Sections 8.2(u), (w) (with respect to assumed Indebtedness incurred in accordance with clause (iii) of the proviso thereto), (aa) (with
respect to Section 8.2(u) of the SPA) and (bb) (incurred in accordance with 

  
 23 

 
the proviso thereto) of the SPA, upon Issuer’s reasonable request (with Collateral Agent’s consent, not to be unreasonably withheld, delayed or conditioned). 

(e)    In connection with any termination or release pursuant to paragraph (a), (b), (c) or (d) of this
Section 6.11, the Collateral Agent shall execute and deliver to any Grantor, at such Grantor’s expense, all documents that such Grantor shall reasonably request to evidence such termination or release and shall perform such other actions
reasonably requested by such Grantor to effect such release, including delivery of certificates, securities and instruments. Any execution and delivery of documents pursuant to this Section 6.11 shall be without recourse to or warranty by the
Collateral Agent. 
 Section 6.12.    Additional Grantors. Pursuant to Section 7.10 of the SPA, certain
additional Restricted Subsidiaries of the Grantors may be required to enter in this Agreement as Grantors. Upon execution and delivery by the Collateral Agent and a Restricted Subsidiary of a Security Agreement Supplement, such Restricted Subsidiary
shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any other Grantor hereunder, except to the extent obtained
on or prior to such date and in full force and effect on such date. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement. 

Section 6.13.    Collateral Agent Appointed
Attorney-in-Fact. Each Grantor hereby appoints the Collateral Agent the
attorney-in-fact of such Grantor for the purpose of carrying out the provisions of this Agreement and taking any action and executing any instrument that the Collateral
Agent may deem necessary or advisable to accomplish the purposes hereof, in each case, at any time after the occurrence and during the continuance of an Event of Default, which appointment is irrevocable and coupled with an interest. Without
limiting the generality of the foregoing, the Collateral Agent shall have the right, after the occurrence and during the continuance of an Event of Default and, to the extent reasonably practicable, notice by the Collateral Agent to the applicable
Grantor of the Collateral Agent’s intent to exercise such rights, with full power of substitution either in the Collateral Agent’s name or in the name of such Grantor (a) to receive, endorse, assign and/or deliver any and all notes,
acceptances, checks, drafts, money orders or other evidences of payment relating to the Collateral or any part thereof; (b) to demand, collect, receive payment of, give receipt for and give discharges and releases of all or any of the
Collateral; (c) to sign the name of any Grantor on any invoice or bill of lading relating to any of the Collateral; (d) upon prior written notice to the Issuer, to send verifications of accounts receivable to any Account Debtor;
(e) to commence and prosecute any and all suits, actions or proceedings at Law or in equity in any court of competent jurisdiction to collect or otherwise realize on all or any of the Collateral or to enforce any rights in respect of any
Collateral; (f) to settle, compromise, compound, adjust or defend any actions, suits or proceedings relating to all or any of the Collateral; (g) upon prior written notice to the Issuer, to notify, or to require the Issuer or any Grantor
to notify, Account Debtors to make payment directly to the Collateral Agent; (h) upon prior written notice to the Issuer, to otherwise communicate with any Account Debtor; (i) to make, settle and adjust claims in respect of Collateral
under policies of insurance, endorse the name of such Grantor on any check, draft, instrument or other item of payment for the proceeds of such policies of insurance; (j) to make all determinations and decisions with respect to policies of
insurance; (k) to obtain or maintain the policies of insurance required by Section 7.7 of the SPA or to pay any premium in whole or in part relating thereto; and (l) except as prohibited by the Communications Act as an unauthorized
transfer of control, to use, sell, assign, transfer, pledge, make any agreement with respect to or otherwise deal with all or any of the Collateral, and to do all other acts and things necessary to carry out the purposes of this 

  
 24 

 
Agreement, as fully and completely as though the Collateral Agent were the absolute owner of the Collateral for all purposes; provided that nothing herein contained shall be construed as
requiring or obligating the Collateral Agent to make any commitment or to make any inquiry as to the nature or sufficiency of any payment received by the Collateral Agent, or to present or file any claim or notice, or to take any action with respect
to the Collateral or any part thereof or the moneys due or to become due in respect thereof or any property covered thereby. The Collateral Agent and the other Secured Parties shall be accountable only for amounts actually received as a result of
the exercise of the powers granted to them herein, and neither they nor their officers, directors, employees or agents shall be responsible to any Grantor for any act or failure to act hereunder, except for their own gross negligence, bad faith,
willful misconduct, or material breach of this Agreement or that of any of their Affiliates, directors, officers, employees, partners, advisors, counsel, agents,
attorneys-in-fact or other representatives, in each case, as determined by a final non-appealable judgment of a court of
competent jurisdiction. All sums disbursed by the Collateral Agent in connection with this paragraph shall be payable pursuant to the terms of Section 13.4 of the SPA. 

Section 6.14.    General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement
and any other Collateral Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents,
(b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Documents against any Grantor, the exercise
of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any
action to enforce any provisions of this Agreement or any other Collateral Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this
Agreement or any other Collateral Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Documents. 

Section 6.15.    Reasonable Care. The Collateral Agent is required to use reasonable care in the custody and
preservation of any of the Collateral in its possession; provided, that the Collateral Agent shall be deemed to have used reasonable care in the custody and preservation of any of the Collateral, if such Collateral is accorded treatment
substantially similar to that which the Collateral Agent accords its own property. 

Section 6.16.    Delegation; Limitation. The Collateral Agent may execute any of the powers granted under this
Agreement and perform any duty hereunder either directly or by or through agents or attorneys-in-fact, and shall not be responsible for the gross negligence or willful
misconduct of any agents or attorneys-in-fact selected by it with reasonable care and without gross negligence or willful misconduct. 

Section 6.17.    Reinstatement. The obligations of the Grantors under this Agreement shall be automatically
reinstated if and to the extent that for any reason any payment by or on behalf of the Issuer or other Note Party in respect of the Note Obligations is rescinded or must be otherwise restored by any holder of any of the Note Obligations, whether as
a result of any proceedings in bankruptcy or reorganization or otherwise. 
 [Signature Pages Follow] 

  
 25 

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

			
	 GLOBAL EAGLE ENTERTAINMENT INC.

GLOBAL EAGLE SERVICES, LLC

	AIRLINE MEDIA PRODUCTIONS, INC.
	ENTERTAINMENT IN MOTION, INC.
	GLOBAL EAGLE ENTERTAINMENT OPERATIONS SOLUTIONS, INC.
	EMC INTERMEDIATE, LLC
	INFLIGHT PRODUCTIONS USA INC.
	POST MODERN EDIT, INC.
	THE LAB AERO, INC.
	ROW 44, INC.
	N44HQ, LLC
	EMERGING MARKETS COMMUNICATIONS, LLC
	EMC ACQUISITION, LLC
	SCISCO PARENT, INC.
	SEAMOBILE, INC.
	MARITEL HOLDINGS, INC.
	MARITIME TELECOMMUNICATIONS NETWORK, INC.
	MTN GOVERNMENT SERVICES, INC.
	MTN LICENSE CORP.
	EMC-JV HOLDCO LLC, each as a Grantor

 
					
		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer

  
 [Signature Page to
Security Agreement] 

					
	CORTLAND CAPITAL MARKET SERVICES LLC, as Collateral Agent
		
	By:	 	 /s/ Jonathan Kirschmeier

		 	Name:	 	Jonathan Kirschmeier
		 	Title:	 	Associate Counsel

  
 [Signature Page to
Security Agreement] 

 EXHIBIT I TO 

SECURITY AGREEMENT 

SECURITY AGREEMENT SUPPLEMENT, dated as of [            ],
201[  ] (this “Security Agreement Supplement”), made by [                    ], a
[                    ] (the “Additional Grantor”), in favor of Cortland Capital Market Services LLC, as Collateral Agent for
the Secured Parties (in such capacity and together with its successors and permitted assigns, the “Collateral Agent”). Capitalized terms not defined herein shall have the meaning assigned to such terms in the Security Agreement (as
defined below). 
 W I T N E S S E T H: 

WHEREAS, Global Eagle Entertainment Inc., a Delaware corporation, and each purchaser from time to time party thereto (collectively, the
“Purchasers” and, individually, a “Purchaser”), have entered into that certain Securities Purchase Agreement, dated as of March 27, 2018 (as amended, restated, amended and restated, supplemented or otherwise
modified from time to time, the “SPA”); 
 WHEREAS, in connection with the SPA, the Issuer, certain Subsidiaries of the
Issuer and the Collateral Agent have entered into that certain Security Agreement, dated as of March 27, 2018 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Security
Agreement”); 
 WHEREAS, the SPA requires the Additional Grantor to become a party to the Security Agreement; and 

WHEREAS, the Additional Grantor has agreed to execute and deliver this Security Agreement Supplement in order to become a party to the
Security Agreement; 
 NOW, THEREFORE, IT IS AGREED: 

1.    SECURITY AGREEMENT. By executing and delivering this Security Agreement Supplement, the Additional Grantor,
as provided in Section 6.12 of the Security Agreement, hereby (i) becomes a party to the Security Agreement as a Grantor thereunder with the same force and effect as if originally named therein as a Grantor and, without limiting the
generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor thereunder and (ii) grants to the Collateral Agent for the benefit of the Secured Parties, a security interest in all of such Additional
Grantor’s right, title and interest in, to and under all Collateral, as security for the Note Obligations. The information set forth in Annex 1-A is hereby added to the information set forth in
Schedules [    ]1 to the Security Agreement. The Additional Grantor hereby represents and warrants that each of the representations and warranties contained in
Section 3.02 of the Security Agreement is true and correct on and as the date hereof (after giving effect to this Security Agreement Supplement) as if made on and as of such date, provided that, to the extent that such representations
and warranties specifically refer to an earlier date, they shall be true and correct as of such earlier date. 

2.    Subject to Section 3.01(e) of the Security Agreement, each Grantor hereby irrevocably authorizes the Collateral
Agent for the benefit of the Secured Parties at any time and from 
  

	1 	Refer to each Schedule which needs to be supplemented. 

  
 Exhibit I-1 

 
time to time to file in any relevant jurisdiction any financing statements with respect to the Collateral or any part thereof and amendments thereto and continuations thereof that
(i) indicate the Collateral as “all assets of the debtor, whether now existing or hereafter arising” or words of similar effect as being of an equal or lesser scope or with greater detail and (ii) contain the information required
by Article 9 of the UCC or the analogous legislation of each applicable jurisdiction for the filing of any financing statement or amendment, including whether such Grantor is an organization, the type of organization and, if required, any
organizational identification number issued to such Grantor. Each Grantor agrees to provide such information to the Collateral Agent promptly upon any reasonable request. 

3.    GOVERNING LAW. THIS SECURITY AGREEMENT SUPPLEMENT AND ANY CLAIMS, CONTROVERSY, DISPUTE OR CAUSE OF ACTION
(WHETHER IN CONTRACT OR TORT OR OTHERWISE) BASED UPON OR ARISING OUT OF THIS SECURITY AGREEMENT SUPPLEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 

4.    Intercreditor and Subordination Agreement. Notwithstanding anything herein to the contrary, the priority of
the Liens and the security interest granted to the Collateral Agent pursuant to this Security Agreement Supplement and the exercise of any right or remedy by the Collateral Agent hereunder are subject in all respects to the provisions of the
Intercreditor and Subordination Agreement. In the event of any conflict between the terms of the Intercreditor and Subordination Agreement and this Security Agreement Supplement with respect to the priority of the Liens and the security Interest
granted to the Collateral Agent pursuant to this Security Agreement Supplement or with respect to the exercise of any right or remedy by the Collateral Agent hereunder, the terms of the Intercreditor and Subordination Agreement shall govern and
control. 
 [Remainder of page intentionally left blank] 

  
 Exhibit I-2 

 IN WITNESS WHEREOF, the undersigned has caused this Security Agreement Supplement to be duly
executed and delivered by its authorized officer as of the date first above written. 
  

			
	[NAME OF ADDITIONAL GRANTOR]
		
	By:	 	
                     
                                        

		 	Name:
		 	Title:

  
 Exhibit I-3 

 ANNEX 1-A 

  
 Annex 1-A to 

Exhibit I 

 EXHIBIT II TO 

SECURITY AGREEMENT 

PERFECTION CERTIFICATE 
 (See
attached) 

  
 Exhibit II 

 EXHIBIT III 

TO SECURITY AGREEMENT 

FORM OF PATENT SECURITY AGREEMENT 

This PATENT SECURITY AGREEMENT, dated as of [            ],
201[  ] (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), is made by the entities identified as grantors on the signature pages hereto (collectively, the
“Grantors”) in favor of Cortland Capital Market Services LLC, as Collateral Agent for the Secured Parties (in such capacity and together with its successors and permitted assigns, the “Collateral Agent”). 

WHEREAS, the Grantors are party to a Security Agreement, dated as of March 27, 2018 (as amended, restated, amended and restated,
supplemented or otherwise modified from time to time, the “Security Agreement”), between each of the Grantors and the other grantors party thereto and the Collateral Agent pursuant to which the Grantors granted a security interest
to the Collateral Agent in the Patent Collateral (as defined below) and are required to execute and deliver this Agreement. 
 NOW,
THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Grantors hereby agree with the Collateral Agent as follows: 

 

	SECTION  1.	DEFINED TERMS 

 Unless otherwise defined herein, terms defined in the Security Agreement
and used herein have the meaning given to them in the Security Agreement. 
  

	SECTION  2.	GRANT OF SECURITY INTEREST 

 As security for the payment or performance in full of the
Note Obligations, including the obligations arising pursuant to the Guaranty Agreement, each Grantor hereby pledges to the Collateral Agent, its successors and permitted assigns, for the benefit of the Secured Parties, and hereby grants to the
Collateral Agent, its successors and permitted assigns, for the benefit of the Secured Parties, a security interest in all of such Grantor’s right, title and interest in or to any and all of the following assets and properties now owned or at
any time hereafter acquired by such Grantor or in which such Grantor now has or at any time in the future may acquire any right, title or interest (collectively, the “Patent Collateral”); provided, that the Patent Collateral
shall not include any Excluded Assets: 
 1.    all Patents, including those listed on Schedule A hereto,

 2.    renewals, extensions and continuations thereof, 

3.    income, fees, royalties, damages, claims and payments now and hereafter due and/or payable thereunder
or with respect thereto including damages and payments for past, present or future infringements or violations thereof, and 

4.    rights to sue for past, present or future infringements or violations thereof, in each case whether
such Patent is owned or licensed. 

  
 Exhibit III-1 

	SECTION  3.	SECURITY AGREEMENT 

 The security interest granted pursuant to this Agreement is granted
in conjunction with the security interest granted to the Collateral Agent for the Secured Parties pursuant to the Security Agreement, and the Grantors hereby acknowledge and affirm that the rights and remedies of the Collateral Agent with respect to
the security interest in the Patent Collateral made and granted hereby are more fully set forth in the Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein. In the event that any
provision of this Agreement is deemed to conflict with the Security Agreement, the provisions of the Security Agreement shall control. 
  

	SECTION  4.	RECORDATION 

 EACH GRANTOR HEREBY AUTHORIZES AND REQUESTS THAT THE UNITED STATES
PATENT AND TRADEMARK OFFICE RECORD THIS PATENT SECURITY AGREEMENT. 
  

	SECTION  5.	TERMINATION 

 This Agreement shall terminate and the lien on and security interest in the
Patent Collateral shall be released upon the payment and performance of the Note Obligations (other than any outstanding indemnification obligations). Upon the termination of this Agreement, the Collateral Agent shall execute all documents, make all
filings, take all other actions reasonably requested by the Grantors to evidence and record the release of the lien on and security interests in the Patent Collateral granted herein. 

 

	SECTION  6.	GOVERNING LAW 

 THIS AGREEMENT AND ANY CLAIMS, CONTROVERSY, DISPUTE OR CAUSE OF ACTION
(WHETHER IN CONTRACT OR TORT OR OTHERWISE) BASED UPON OR ARISING OUT OF THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 

 

	SECTION  7.	COUNTERPARTS 

 This Agreement may be executed in one or more counterparts and by
different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument. 

 

	SECTION  8.	INTERCREDITOR AND SUBORDINATION AGREEMENT 

 Notwithstanding anything herein to the
contrary, the priority of the Liens and the security interest granted to the Collateral Agent pursuant to this Agreement and the exercise of any right or remedy by the Collateral Agent hereunder are subject in all respects to the provisions of the
Intercreditor and Subordination Agreement. In the event of any conflict between the terms of the Intercreditor and Subordination Agreement and this Agreement with respect to the priority of the Liens and the security Interest granted to the
Collateral Agent pursuant to this Agreement or with respect to the exercise of any right or remedy by the Collateral Agent hereunder, the terms of the Intercreditor and Subordination Agreement shall govern and control. 

[Remainder of page intentionally left blank] 

  
 Exhibit III-2 

 IN WITNESS WHEREOF, each Grantor has caused this Agreement to be executed and
delivered by its duly authorized officer as of the date first set forth above. 
  

			
	 [NAME OF GRANTOR],

as Grantor

		
	By:	 	
                     
                                        

		 	Name:
		 	Title:

  
 [Signature Page to Patent
Security Agreement] 

 
			
	 CORTLAND CAPITAL MARKET SERVICES LLC,

as the Collateral Agent

		
	By:	 	
                     
                                        

		 	Name:
		 	Title:

  
 [Signature Page to Patent
Security Agreement] 

 SCHEDULE A 

to 
 PATENT SECURITY
AGREEMENT 
 PATENTS AND PATENT APPLICATIONS 
  

									
	 Title
	  	 Application No.
	  	 Filing Date
	  	 Patent No.
	 	 Issue Date

		  		  		  		 	
		  		  		  		 	
		  		  		  		 	
		  		  		  		 	
		  		  		  		 	

  
 Schedule A to 

Exhibit III 

 EXHIBIT IV 

TO SECURITY AGREEMENT 

FORM OF TRADEMARK SECURITY AGREEMENT 

This TRADEMARK SECURITY AGREEMENT, dated as of [            ],
201[  ] (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), is made by the entities identified as grantors on the signature pages hereto (collectively, the
“Grantors”) in favor of Cortland Capital Market Services LLC, as Collateral Agent for the Secured Parties (in such capacity and together with its successors and permitted assigns, the “Collateral Agent”). 

WHEREAS, the Grantors are party to a Security Agreement, dated as of March 27, 2018 (as amended, restated, amended and restated,
supplemented or otherwise modified from time to time, the “Security Agreement”) between each of the Grantors and the other grantors party thereto and the Collateral Agent pursuant to which the Grantors granted a security interest to
the Collateral Agent in the Trademark Collateral (as defined below) and are required to execute and deliver this Agreement. 
 NOW,
THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Grantors hereby agree with the Collateral Agent as follows: 

 

	SECTION  1.	DEFINED TERMS 

 Unless otherwise defined herein, terms defined in the Security Agreement
and used herein have the meaning given to them in the Security Agreement. 
  

	SECTION  2.	GRANT OF SECURITY INTEREST 

 As security for the payment or performance in full of the
Note Obligations, including the obligations arising pursuant to the Guaranty Agreement, each Grantor hereby pledges to the Collateral Agent, its successors and permitted assigns, for the benefit of the Secured Parties, and hereby grants to the
Collateral Agent, its successors and permitted assigns, for the benefit of the Secured Parties, a security interest in all of such Grantor’s right, title and interest in, to and under any and all of the following assets and properties now owned
or at any time hereafter acquired by such Grantor or in which such Grantor now has or at any time in the future may acquire any right, title or interest (collectively, the “Trademark Collateral”); provided, that the Trademark
Collateral shall not include any Excluded Assets (including any Trademark applications excluded pursuant to Section 2.1 hereof): 

1.     all Trademarks, including those listed on Schedule A hereto, 

2.    renewals and extensions thereof, 

3.    income, fees, royalties, damages, claims and payments now and hereafter due and/or payable thereunder
or with respect thereto including damages and payments for past, present or future infringements or violations thereof, and 

4.    rights to sue for past, present or future infringements or violations thereof, in each case whether
such Trademark is owned or licensed. 

  
 Exhibit IV-1 

 SECTION 2.1    Certain Limited Exclusions. Notwithstanding
anything herein to the contrary, in no event shall the Trademark Collateral include any “intent-to-use” application for registration of a Trademark filed
pursuant to Section 1(b) of the Lanham Act, 15 U.S.C. § 1051, prior to the filing of a “Statement of Use” pursuant to Section 1(d) of the Lanham Act or an “Amendment to Allege Use” pursuant to
Section 1(c) of the Lanham Act with respect thereto, solely to the extent, if any, that, and solely during the period, if any, in which, the grant of a security interest therein would impair the validity or enforceability of any such
application (or registration that issues therefrom) under applicable federal law. 
  

	SECTION  3.	SECURITY AGREEMENT 

 The security interest granted pursuant to this Agreement is granted
in conjunction with the security interest granted to the Collateral Agent for the Secured Parties pursuant to the Security Agreement, and the Grantors hereby acknowledge and affirm that the rights and remedies of the Collateral Agent with respect to
the security interest in the Trademark Collateral made and granted hereby are more fully set forth in the Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein. In the event that any
provision of this Agreement is deemed to conflict with the Security Agreement, the provisions of the Security Agreement shall control. 
  

	SECTION  4.	RECORDATION 

 EACH GRANTOR HEREBY AUTHORIZES AND REQUESTS THAT THE UNITED STATES
PATENT AND TRADEMARK OFFICE RECORD THIS TRADEMARK SECURITY AGREEMENT. 
  

	SECTION  5.	TERMINATION 

 This Agreement shall terminate and the lien on and security interest in the
Trademark Collateral shall be released upon the payment and performance of the Note Obligations (other than any outstanding indemnification obligations). Upon the termination of this Agreement, the Collateral Agent shall execute all documents, make
all filings, take all other actions reasonably requested by the Grantors to evidence and record the release of the lien on and security interests in the Trademark Collateral granted herein. 

 

	SECTION  6.	GOVERNING LAW 

 THIS AGREEMENT AND ANY CLAIMS, CONTROVERSY, DISPUTE OR CAUSE OF ACTION
(WHETHER IN CONTRACT OR TORT OR OTHERWISE) BASED UPON OR ARISING OUT OF THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 

 

	SECTION  7.	COUNTERPARTS 

 This Agreement may be executed in one or more counterparts and by
different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument. 

 

	SECTION  8.	INTERCREDITOR AND SUBORDINATION AGREEMENT 

 Notwithstanding anything herein to the
contrary, the priority of the Liens and the security interest granted to the Collateral Agent pursuant to this Agreement and the exercise of any right 

  
 Exhibit IV-2 

 
or remedy by the Collateral Agent hereunder are subject in all respects to the provisions of the Intercreditor and Subordination Agreement. In the event of any conflict between the terms of
the Intercreditor and Subordination Agreement and this Agreement with respect to the priority of the Liens and the security Interest granted to the Collateral Agent pursuant to this Agreement or with respect to the exercise of any right or remedy by
the Collateral Agent hereunder, the terms of the Intercreditor and Subordination Agreement shall govern and control. 
 [Remainder of
page intentionally left blank] 

  
 Exhibit IV-3 

 IN WITNESS WHEREOF, each Grantor has caused this Agreement to be executed and
delivered by its duly authorized officer as of the date first set forth above. 
  

			
	 [NAME OF GRANTOR],

as Grantor

		
	By:	 	
                     
                                         
       

		 	Name:
		 	Title:

  
 [Signature Page to
Trademark Security Agreement] 

 
			
	 CORTLAND CAPITAL MARKET SERVICES LLC,

as the Collateral Agent

		
	By:	 	
                     
                                         
               

		 	Name:
		 	Title:

  
 [Signature Page to
Trademark Security Agreement] 

 SCHEDULE A 

to 
 TRADEMARK SECURITY
AGREEMENT 
 TRADEMARK REGISTRATIONS AND APPLICATIONS 
  

									
	 Mark
	 	 Serial No.
	 	 Filing Date
	 	 Registration No.
	 	 Registration Date

		 		 		 		 	
		 		 		 		 	
		 		 		 		 	
		 		 		 		 	

  
 Schedule A to 

Exhibit IV 

 EXHIBIT V 

TO SECURITY AGREEMENT 

FORM OF COPYRIGHT SECURITY AGREEMENT 

This COPYRIGHT SECURITY AGREEMENT, dated as of [            ],
201[  ] (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), is made by the entities identified as grantors on the signature pages hereto (collectively, the
“Grantors”) in favor of Cortland Capital Market Services LLC, as Collateral Agent for the Secured Parties (in such capacity and together with its successors and permitted assigns, the “Collateral Agent”). 

WHEREAS, the Grantors are party to a Security Agreement, dated as of March 27, 2018 (as amended, restated, amended and restated,
supplemented or otherwise modified from time to time, the “Security Agreement”), between each of the Grantors and the other grantors party thereto and the Collateral Agent pursuant to which the Grantors granted a security interest
to the Collateral Agent in the Copyright Collateral (as defined below) and are required to execute and deliver this Agreement. 
 NOW,
THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Grantors hereby agree with the Collateral Agent as follows: 

 

	SECTION  1.	DEFINED TERMS 

 Unless otherwise defined herein, terms defined in the Security Agreement
and used herein have the meaning given to them in the Security Agreement. 
  

	SECTION  2.	GRANT OF SECURITY INTEREST 

 As security for the payment or performance in full of the
Note Obligations, including the obligations arising pursuant to the Guaranty Agreement, each Grantor hereby pledges to the Collateral Agent, its successors and permitted assigns, for the benefit of the Secured Parties, and hereby grants to the
Collateral Agent, its successors and permitted assigns, for the benefit of the Secured Parties, a security interest in all of such Grantor’s right, title and interest in, to and under any and all of the following assets and properties now owned
or at any time hereafter acquired by such Grantor or in which such Grantor now has or at any time in the future may acquire any right, title or interest (collectively, the “Copyright Collateral”); provided, that the Copyright
Collateral shall not include any Excluded Assets: 
 1.    all Copyrights, including those listed on
Schedule A hereto, 
 2.    renewals and extensions thereof, 

3.    income, fees, royalties, damages, claims and payments now and hereafter due and/or payable thereunder
or with respect thereto including damages and payments for past, present or future infringements or violations thereof, and 

4.    rights to sue for past, present or future infringements or violations thereof, in each case whether
such Copyright is owned or licensed. 

  
 Exhibit V-1 

	SECTION  3.	SECURITY AGREEMENT 

 The security interest granted pursuant to this Agreement is granted
in conjunction with the security interest granted to the Collateral Agent for the Secured Parties pursuant to the Security Agreement, and the Grantors hereby acknowledge and affirm that the rights and remedies of the Collateral Agent with respect to
the security interest in the Copyright Collateral made and granted hereby are more fully set forth in the Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein. In the event that any
provision of this Agreement is deemed to conflict with the Security Agreement, the provisions of the Security Agreement shall control. 
  

	SECTION  4.	RECORDATION 

 EACH GRANTOR HEREBY AUTHORIZES AND REQUESTS THAT THE UNITED STATES
COPYRIGHT OFFICE RECORD THIS COPYRIGHT SECURITY AGREEMENT. 
  

	SECTION  5.	TERMINATION 

 This Agreement shall terminate and the lien on and security interest in the
Copyright Collateral shall be released upon the payment and performance of the Note Obligations (other than any outstanding indemnification obligations). Upon the termination of this Agreement, the Collateral Agent shall execute all documents, make
all filings, take all other actions reasonably requested by the Grantors to evidence and record the release of the lien on and security interests in the Copyright Collateral granted herein. 

 

	SECTION  6.	GOVERNING LAW 

 THIS AGREEMENT AND ANY CLAIMS, CONTROVERSY, DISPUTE OR CAUSE OF ACTION
(WHETHER IN CONTRACT OR TORT OR OTHERWISE) BASED UPON OR ARISING OUT OF THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 

 

	SECTION  7.	COUNTERPARTS 

 This Agreement may be executed in one or more counterparts and by
different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument. 

 

	SECTION  8.	INTERCREDITOR AND SUBORDINATION AGREEMENT 

 Notwithstanding anything herein to the
contrary, the priority of the Liens and the security interest granted to the Collateral Agent pursuant to this Agreement and the exercise of any right or remedy by the Collateral Agent hereunder are subject in all respects to the provisions of the
Intercreditor and Subordination Agreement. In the event of any conflict between the terms of the Intercreditor and Subordination Agreement and this Agreement with respect to the priority of the Liens and the security Interest granted to the
Collateral Agent pursuant to this Agreement or with respect to the exercise of any right or remedy by the Collateral Agent hereunder, the terms of the Intercreditor and Subordination Agreement shall govern and control. 

  
 Exhibit V-2 

 [Remainder of page intentionally left blank] 

  
 Exhibit V-3 

 IN WITNESS WHEREOF, each Grantor has caused this Agreement to be executed and
delivered by its duly authorized officer as of the date first set forth above. 
  

			
	 [NAME OF GRANTOR],

as Grantor

		
	By:	 	
                     
                                         
       

		 	Name:
		 	Title:

  
 [Signature Page to
Copyright Security Agreement] 

 
			
	 CORTLAND CAPITAL MARKET SERVICES LLC,

as the Collateral Agent

		
	By:	 	  

		 	Name:
		 	Title:

  
 [Signature Page to
Copyright Security Agreement] 

 SCHEDULE A 

to 
 COPYRIGHT SECURITY
AGREEMENT 
 COPYRIGHT REGISTRATIONS AND APPLICATIONS 
  

									
	 Title
	 	 Application No.
	 	 Filing Date
	 	 Registration No.
	 	 Registration Date

		 		 		 		 	
		 		 		 		 	
		 		 		 		 	
		 		 		 		 	

  
 Schedule A to 

Exhibit VEX-10.1

 Exhibit 10.1 

INTERCREDITOR AND SUBORDINATION AGREEMENT 

dated as of 
 March 27, 2018,

 among 
 CITIBANK, N.A., 

as First Lien Agent, 
 CORTLAND
CAPITAL MARKET SERVICES LLC, 
 as Second Lien Agent, 

GLOBAL EAGLE ENTERTAINMENT INC., 

as the Borrower 
 and 

THE OTHER GRANTORS PARTY HERETO FROM TIME TO TIME 

 TABLE OF CONTENTS 

 

							
	ARTICLE 1	 
	Definitions	 
			
	 Section 1.01.
	 	 Construction; Certain Defined Terms
	  	 	1	 
	
	ARTICLE 2	 
	Subordination of Liens	 
			
	 Section 2.01.
	 	 Similar Liens and Agreements
	  	 	11	 
	 Section 2.02.
	 	 Subordination of Liens
	  	 	12	 
	 Section 2.03.
	 	 No Duties of Designated First Lien Representative or other First Lien Secured
Parties
	  	 	13	 
	 Section 2.04.
	 	 Automatic Release of Second Liens
	  	 	14	 
	 Section 2.05.
	 	 Reinstatement
	  	 	15	 
	 Section 2.06.
	 	 New Liens
	  	 	15	 
	
	ARTICLE 3	 
	
	Payment Subordination	 
			
	 Section 3.01.
	 	 Agreement to Subordinate
	  	 	16	 
	 Section 3.02.
	 	 No Payment on Subordinated Indebtedness in Event of Default on Senior Indebtedness
	  	 	16	 
	 Section 3.03.
	 	 Notices to Designated Second Lien Representative
	  	 	18	 
	 Section 3.04.
	 	 Agreement of Grantors
	  	 	18	 
	 Section 3.05.
	 	 Subordination Rights Not Impaired by Acts or Omissions of the Grantors or First Lien Secured
Parties
	  	 	18	 
	
	ARTICLE 4	 
	
	Standstill; Bankruptcy/Liquidation Proceedings	 
			
	 Section 4.01.
	 	 No Action with Respect to Second Lien Collateral Subject to First Liens
	  	 	18	 
	 Section 4.02.
	 	 Distribution on Dissolution, Liquidation and Reorganization
	  	 	20	 
	 Section 4.03.
	 	 No Interference
	  	 	21	 
	 Section 4.04.
	 	 Certain Agreements with Respect to Bankruptcy/Liquidation Proceedings
	  	 	22	 
	 Section 4.05.
	 	 Purchase Right
	  	 	25	 
	 Section 4.06.
	 	 Injunctive Relief
	  	 	26	 
	 Section 4.07.
	 	 Rights as Unsecured Creditors
	  	 	27	 
	
	ARTICLE 5	 
	Sub-Agency for Perfection of Certain Security Interests	 
	
	ARTICLE 6	 
	Existence and Amounts of Liens and Obligations	 

							
	ARTICLE 7	 
	Representations and Warranties of Each Representative	 
	
	ARTICLE 8	 
	Application of Proceeds	 
			
	 Section 8.01.
	 	 Payment Over
	  	 	29	 
	 Section 8.02.
	 	 Application of Proceeds
	  	 	29	 
	 Section 8.03.
	 	 Insurance and Condemnation Awards
	  	 	30	 
	
	ARTICLE 9	 
	Other Agreements	 
			
	 Section 9.01.
	 	 Matters Related to First Lien Loan Documents
	  	 	30	 
	 Section 9.02.
	 	 Matters Related to Second Lien Note Documents
	  	 	30	 
	 Section 9.03.
	 	 Matters Related to Amendments of First Lien Security Documents
	  	 	31	 
	 Section 9.04.
	 	 Additional Debt Facilities
	  	 	32	 
	 Section 9.05.
	 	 Obligations Unconditional
	  	 	33	 
	
	ARTICLE 10	 
	Miscellaneous	 
			
	 Section 10.01.
	 	 Notices
	  	 	34	 
	 Section 10.02.
	 	 Waivers; Amendments
	  	 	34	 
	 Section 10.03.
	 	 Parties in Interest
	  	 	35	 
	 Section 10.04.
	 	 Survival of Agreement
	  	 	35	 
	 Section 10.05.
	 	 Counterparts
	  	 	35	 
	 Section 10.06.
	 	 Severability
	  	 	35	 
	 Section 10.07.
	 	 Governing Law; Jurisdiction; Consent to Service of Process
	  	 	35	 
	 Section 10.08.
	 	 Waiver of Jury Trial
	  	 	36	 
	 Section 10.09.
	 	 Headings
	  	 	36	 
	 Section 10.10.
	 	 Further Assurances
	  	 	36	 
	 Section 10.11.
	 	 No Third Party Beneficiaries
	  	 	37	 
	 Section 10.12.
	 	 Provisions Solely to Define Relative Rights
	  	 	37	 
	 Section 10.13.
	 	 Subrogation
	  	 	37	 
	 Section 10.14.
	 	 Additional Grantors
	  	 	38	 
	 Section 10.15.
	 	 Additional Intercreditor Agreements
	  	 	38	 
	 Section 10.16.
	 	 Equity Interests; Payment in Kind
	  	 	38	 
			
	 ANNEXES
	 		  			
			
	 I
	 	 Provisions for Certain Second Lien Note Documents
	  			
	 II
	 	 Form of Joinder
	  			
	 III
	 	 Form of Additional Debt Designation
	  			

 INTERCREDITOR AND SUBORDINATION AGREEMENT (as amended, restated, amended and restated,
supplemented or otherwise modified from time to time, this “Agreement”), dated as of March 27,, 2018, among GLOBAL EAGLE ENTERTAINMENT INC., a Delaware corporation (the “Borrower”), certain subsidiaries of the
Borrower from time to time party to the First Lien Credit Agreement referred to herein and the Second Lien Securities Purchase Agreement referred to herein (the “Subsidiary Guarantors”), CITIBANK, N.A., as administrative agent for
the First Lien Credit Agreement Secured Parties referred to herein (together with its successors and assigns in such capacity, the “First Lien Agent”), CORTLAND CAPITAL MARKET SERVICES LLC, as collateral agent for the Second Lien
Securities Purchase Agreement Secured Parties referred to herein (together with its successors and assigns in such capacity, the “Second Lien Agent”), and each of the other Representatives from time to time party hereto in
accordance with the terms hereof. 
 Reference is made to the (i) First Lien Credit Agreement under which the lenders referred to
therein have extended and agreed to extend credit to the Borrower and (ii) the Second Lien Securities Purchase Agreement under which the purchasers referred to therein have agreed to purchase from the Borrower and the Borrower has agreed to
issue to such purchasers, certain second lien subordinated notes constituting Second Lien Securities Purchase Agreement Secured Obligations. In consideration of the mutual agreements herein contained and other good and valuable consideration, the
receipt of which is hereby acknowledged, the First Lien Agent (for itself and on behalf of the First Lien Credit Agreement Secured Parties), the Second Lien Agent (for itself and on behalf of the Second Lien Securities Purchase Agreement Secured
Parties), the Borrower and each Subsidiary Guarantor agree as follows: 
 ARTICLE 1 

DEFINITIONS 

Section 1.01.    Construction; Certain Defined Terms. (a) The rules of construction specified in
Section 1.02, 1.03, 1.05, 1.07, 1.09, and 1.11 of the First Lien Credit Agreement shall apply to this Agreement, including terms defined in the preamble hereto. Capitalized terms used in
this Agreement and not otherwise defined herein shall have the meanings set forth in the First Lien Credit Agreement as in effect on the date hereof. Any term referenced herein by cross-reference to a defined term or section reference in
(i) the First Lien Credit Agreement shall be deemed to be a cross-reference to a defined term or section reference, as applicable, in the First Lien Credit Agreement as in effect on the date hereof (or, after any Refinancing of the First Lien
Credit Agreement as so in effect, any Replacement First Lien Credit Agreement as in effect on the date of such Refinancing) or the same or comparable term or section reference, as applicable, in any other First Lien Loan Document and (ii) the
Second Lien Securities Purchase Agreement shall be deemed to be a cross-reference to a defined term or section reference, as applicable, in the Second Lien Securities Purchase Agreement as in effect on the date hereof (or, after any Refinancing of
the Second Lien Securities Purchase Agreement as so in effect, any Replacement Second Lien Securities Purchase Agreement as in effect on the date of such Refinancing) or the same or comparable term or section reference, as applicable, in any other
Second Lien Note Document. Each agreement herein of any Representative shall bind the Secured Parties represented by such Representative and any reference herein to the parties hereto shall also bind all such Secured Parties. 

  
 1 

 (b)    As used in this Agreement, the following terms have the meanings
specified below: 
 “Additional First Lien Debt” means any Indebtedness that is issued or guaranteed by any Grantor (other
than Indebtedness and guarantees constituting First Lien Credit Agreement Secured Obligations) which Indebtedness and guarantees are secured by the First Lien Collateral (or a portion thereof) on a senior basis to the Second Lien Secured
Obligations; provided, however, that (i) such Indebtedness is permitted to be incurred, secured and guaranteed on such senior basis by this Agreement and by the relevant First Lien Loan Documents and the relevant Second Lien Note
Documents in effect at the time of such incurrence and (ii) the First Lien Representative for the holders of such Indebtedness shall have become party to: (A) this Agreement pursuant to, and by satisfying the conditions set forth in,
Section 9.04 hereof and (B) the First Lien Parity Intercreditor Agreement pursuant to, and by satisfying the conditions set forth therein; provided, further, that, if such Indebtedness will be the initial
Additional First Lien Debt incurred by a Grantor after the date hereof, then the Grantors, the First Lien Agent and the First Lien Representative for such Indebtedness shall have executed and delivered the First Lien Parity Intercreditor Agreement.
Additional First Lien Debt shall include any Registered Equivalent Notes and guarantees thereof by the Grantors issued in exchange therefor. 

“Additional First Lien Debt Facility” means each indenture, credit agreement or other governing agreement with respect to any
Additional First Lien Debt. 
 “Additional First Lien Loan Documents” means with respect to any series, issue or class of
Additional First Lien Debt, the promissory notes, indentures, credit agreements, guarantees or other operative agreements evidencing or governing such indebtedness and any First Lien Security Documents securing such Additional First Lien Debt. 

“Additional First Lien Secured Obligations” means with respect to any series, issue or class of Additional First Lien Debt,
(i) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy/Liquidation Proceeding, whether or not allowed or allowable as a claim in any such proceeding) payable with
respect to, such Additional First Lien Debt, (ii) all premiums, fees, costs, expenses and other amounts payable to the related Additional First Lien Secured Parties under the related Additional First Lien Loan Documents (including, without
limitation, any premium, fees, costs, expenses or other amounts which accrue after the commencement of any Bankruptcy/Liquidation Proceeding, whether or not allowed or allowable as a claim in any such proceeding), (iii) any Hedging Obligations of
(and guarantees thereof by) a Grantor secured under the First Lien Security Documents securing the related series, issue or class of Additional First Lien Debt, (iv) any Cash Management Obligations of (and guarantees thereof by) a Grantor
secured under the First Lien Security Documents securing the related series, issue or class of Additional First Lien Debt and (v) any renewals or extensions of the foregoing. 

“Additional First Lien Secured Parties” means with respect to any series, issue or class of Additional First Lien Debt, the
holders of such Additional First Lien Debt, the First Lien Representative with respect thereto, any trustee or agent therefor under any related Additional First Lien Loan Documents and the beneficiaries of each indemnification obligation undertaken
by any Grantor under any related Additional First Lien Loan Documents and the holders of any 

  
 2 

 
other Additional First Lien Secured Obligations secured by the First Lien Security Documents for such series, issue or class of Additional First Lien Debt. 

“Additional Second Lien Debt” means any Indebtedness that is issued or guaranteed by any Grantor (other than Indebtedness and
guarantees constituting Second Lien Securities Purchase Agreement Secured Obligations) which Indebtedness and guarantees are secured by the Second Lien Collateral (or a portion thereof) on a junior basis to the First Lien Secured Obligations;
provided, however, that (i) such Indebtedness is permitted to be incurred, secured and guaranteed on such junior basis by this Agreement and by the relevant First Lien Loan Documents and the relevant Second Lien Note Documents in effect
at the time of such incurrence and (ii) the Second Lien Representative for the holders of such Indebtedness shall have become party to: (A) this Agreement pursuant to, and by satisfying the conditions set forth in,
Section 9.04 hereof and (B) the Second Lien Parity Intercreditor Agreement pursuant to, and by satisfying the conditions set forth therein; provided, further, that, if such Indebtedness will be the
initial Additional Second Lien Debt incurred by a Grantor after the date hereof, then the Grantors, the Second Lien Agent and the Second Lien Representative for such Indebtedness shall have executed and delivered the Second Lien Parity Intercreditor
Agreement. Additional Second Lien Debt shall include any Registered Equivalent Notes and guarantees thereof by the Grantors issued in exchange therefor. 

“Additional Second Lien Debt Facility” means each indenture, credit agreement or other governing agreement with respect to
any Additional Second Lien Debt. 
 “Additional Second Lien Note Documents” means with respect to any series, issue or
class of Additional Second Lien Debt, the promissory notes, indentures, credit agreements, guarantees or other operative agreements evidencing or governing such indebtedness and any Second Lien Security Documents securing such Additional Second Lien
Debt. 
 “Additional Second Lien Secured Obligations” means, with respect to any series, issue or class of Additional
Second Lien Debt, (i) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy/Liquidation Proceeding, whether or not allowed or allowable as a claim in any such
proceeding) payable with respect to, such Additional Second Lien Debt, (ii) all premiums, fees, costs, expenses and other amounts payable to the related Additional Second Lien Secured Parties under the related Additional Second Lien Note
Documents (including, without limitation, any premium, fees, costs, expenses or other amounts which accrue after the commencement of any Bankruptcy/Liquidation Proceeding, whether or not allowed or allowable as a claim in any such proceeding), (iii)
any Hedging Obligations of (or guarantees thereof by) a Grantor secured under the Second Lien Security Documents securing the related series, issue or class of Additional Second Lien Debt and (iv) any renewals or extensions of the foregoing.

 “Additional Second Lien Secured Parties” means with respect to any series, issue or class of Additional Second Lien
Debt, the holders of such Additional Second Lien Debt, the Second Lien Representative with respect thereto, any trustee or agent therefor under any related Additional Second Lien Note Documents and the beneficiaries of each indemnification
obligation undertaken by any Grantor under any related Additional Second Lien Note Documents and the holders of any other Additional Second Lien Secured Obligations secured by 

  
 3 

 
the Second Lien Security Documents for such series, issue or class of Additional Second Lien Debt. 

“Agreement” has the meaning provided in the preamble to this Agreement. 

“Bankruptcy Code” means Title 11 of the United States Code entitled “Bankruptcy”, as now and hereafter in effect,
or any successor statute. 
 “Bankruptcy/Liquidation Proceeding” means any event, proceeding or occurrence described in
Section 8.01(f) of the First Lien Credit Agreement. 
 “Blockage Notice” has the meaning given to such term in
Section 3.02. 
 “Borrower” has the meaning provided in the preamble to this Agreement. 

“Business Day” has the meaning provided in the First Lien Credit Agreement. 

“Cash Equivalents” has the meaning assigned to such term in the First Lien Credit Agreement as in effect on the date hereof.

 “Cash Management Obligations” has the meaning assigned to such term in the First Lien Credit Agreement. 

“Class Debt” has the meaning given to such term in Section 9.04. 

“Class Debt Representatives” has the meaning given to such term in Section 9.04.

 “Collateral” means the First Lien Collateral and the Second Lien Collateral. 

“Contingent First Lien Obligation” means, at any time, First Lien Secured Obligations for taxes, costs, indemnifications,
reimbursements, damages and other liabilities (excluding (a) the principal of, and interest and premium (if any) on, and fees and expenses relating to, any First Lien Secured Obligation and (b) contingent reimbursement obligations in
respect of amounts that may be drawn under outstanding letters of credit) in respect of which no assertion of liability (whether oral or written) and no claim or demand for payment (whether oral or written) has been made (and, in the case of First
Lien Secured Obligations for indemnification, no notice for indemnification has been issued by the indemnitee) at such time. 

“Contingent Second Lien Obligation” means, at any time, Second Lien Secured Obligations for taxes, costs, indemnifications,
reimbursements, damages and other liabilities (excluding the principal of, and interest and premium (if any) on, and fees and expenses relating to, any Second Lien Secured Obligation) in respect of which no assertion of liability (whether oral or
written) and no claim or demand for payment (whether oral or written) has been made (and, in the case of Second Lien Secured Obligations for indemnification, no notice for indemnification has been issued by the indemnitee) at such time. 

“Debt Facility” means any First Lien Debt Facility and any Second Lien Debt Facility, as the context may require. 

  
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 “Designated First Lien Representative” means (i) the First Lien Agent,
until such time as the Discharge of First Lien Credit Agreement Obligations has occurred, and (ii) thereafter, the First Lien Representative serving as the “Applicable Authorized Representative” (as defined in the First Lien Parity
Intercreditor Agreement). When any First Lien Representative other than the First Lien Agent becomes the Applicable Authorized Representative thereunder, it shall send a written notice thereof to each Second Lien Representative and the Grantors. For
purposes of this definition, the First Lien Credit Agreement shall not be deemed to be Discharged if it is Refinanced with a Replacement First Lien Credit Agreement. 

“Designated Second Lien Representative” means (i) the Second Lien Agent, until such time as the Discharge of Second Lien
Securities Purchase Agreement Obligations has occurred, and (ii) thereafter, the Second Lien Representative serving as the “Applicable Authorized Representative” (as defined in the Second Lien Parity Intercreditor Agreement). When any
Second Lien Representative other than the Second Lien Agent becomes the Applicable Authorized Representative thereunder, it shall send a written notice thereof to each First Lien Representative and the Grantors. For purposes of this definition, the
Second Lien Securities Purchase Agreement shall not be deemed to be Discharged if it is Refinanced with a Replacement Second Lien Securities Purchase Agreement. 

“Designation” means a designation of Indebtedness as either Additional First Lien Debt or Additional Second Lien Debt in
substantially the form of Annex III attached hereto. 
 “DIP Financing” has the meaning provided in
Section 4.04. 
 “Discharge” means, with respect to any Debt Facility, the date on which such
Debt Facility and the First Lien Secured Obligations or Second Lien Secured Obligations thereunder, as the case may be, (i) have been paid in full in cash (other than any Contingent First Lien Obligations or Contingent Second Lien Obligations)
and are no longer secured by the Collateral pursuant to the terms of the documentation governing such Debt Facility or, with respect to any Hedging Obligations or Cash Management Obligations secured by the Security Documents for such Debt Facility,
any of (x) such Hedging Obligations or Cash Management Obligations have been paid in full in cash, (y) such Hedging Obligations or Cash Management Obligations shall have been cash collateralized on terms satisfactory to each applicable
counterparty (or other arrangements satisfactory to the applicable counterparty shall have been made) or (z) such Hedging Obligations or Cash Management Obligations are no longer secured by the Collateral pursuant to the terms of the
documentation governing such Debt Facility, (ii) any letters of credit issued under the applicable Debt Facility have terminated or been cash collateralized or backstopped (in the amount and form required under the applicable Debt Facility) and
(iii) all commitments of the First Lien Secured Parties and the Second Lien Secured Parties, as applicable, under their respective Debt Facilities have terminated. The term “Discharged” shall have a corresponding meaning. 

“Discharge of First Lien Credit Agreement Obligations” means the Discharge of the First Lien Credit Agreement Secured
Obligations with respect to the First Lien Collateral; provided that the Discharge of First Lien Credit Agreement Secured Obligations shall not be deemed to have occurred in connection with a Refinancing of such First Lien Credit Agreement
Secured Obligations with a Replacement First Lien Credit Agreement or, at any time after the Discharge 

  
 5 

 
of the First Lien Credit Agreement in effect on the date hereof, an Additional First Lien Debt Facility secured by First Lien Collateral under one or more Additional First Lien Loan Documents
which has been designated in writing by the First Lien Agent (under the First Lien Credit Agreement so Refinanced) to the Designated First Lien Representative (if the Designated First Lien Representative is not such agent) and the Designated Second
Lien Representative, as the “First Lien Credit Agreement” for purposes of this Agreement. 
 “Discharge of Second Lien
Securities Purchase Agreement Obligations” means the Discharge of the Second Lien Securities Purchase Agreement Secured Obligations with respect to the Second Lien Collateral; provided that the Discharge of Second Lien Securities
Purchase Agreement Secured Obligations shall not be deemed to have occurred in connection with a Refinancing of such Second Lien Securities Purchase Agreement Secured Obligations with a Replacement Second Lien Securities Purchase Agreement or, at
any time after the Discharge of the First Lien Credit Agreement in effect on the date hereof, an Additional Second Lien Debt Facility secured by Second Lien Collateral under one or more Additional Second Lien Note Documents which has been designated
in writing by the Second Lien Agent (under the Second Lien Securities Purchase Agreement so Refinanced) to the Designated Second Lien Representative (if the Designated Second Lien Representative is not such agent) and the Designated First Lien
Representative, as the “Second Lien Securities Purchase Agreement” for purposes of this Agreement. 
 “First Lien
Agent” has the meaning provided in the preamble to this Agreement; provided, however, that if the First Lien Credit Agreement is Refinanced by a Replacement First Lien Credit Agreement, then all references herein to the First Lien
Agent shall refer to the administrative agent (or trustee) under the Replacement First Lien Credit Agreement. 
 “First Lien
Class Debt” has the meaning given to such term in Section 9.04. 
 “First Lien
Class Debt Representative” has the meaning given to such term in Section 9.04. 

“First Lien Collateral” means the “Collateral”, as such term is defined in the First Lien Credit Agreement, and any
other assets or properties of any of the Grantors now or at any time hereafter subject to, or required to be subject to, Liens securing any First Lien Secured Obligations or deemed to be so subject pursuant to Section 2.06.

 “First Lien Credit Agreement” means the Credit Agreement, dated as of January 6, 2017, among the Borrower, the
other Subsidiary Guarantors from time to time party thereto, the lenders from time to time party thereto, Citibank, N.A., as administrative agent, and the other agents named therein, as amended and as may be further amended, restated, amended and
restated, waived, restructured, renewed, extended or otherwise modified from time to time and shall also include any Replacement First Lien Credit Agreement. 

“First Lien Credit Agreement Secured Obligations” means the “Secured Obligations”, as such term is defined in the
First Lien Credit Agreement. 

  
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 “First Lien Credit Agreement Secured Parties” means, at any time, the
“Secured Parties”, as such term is defined in the First Lien Credit Agreement. 
 “First Lien Debt Facilities”
shall mean the First Lien Credit Agreement and any Additional First Lien Debt Facilities. 
 “First Lien Loan Documents”
means (a) the “Loan Documents”, as such term is defined in the First Lien Credit Agreement, and (b) the Additional First Lien Loan Documents. 

“First Lien Parity Intercreditor Agreement” means an agreement among each First Lien Representative allocating rights among
the various First Lien Secured Parties. 
 “First Lien Representative” means (i) in the case of the First Lien Credit
Agreement, the First Lien Agent and (ii) in the case of any Additional First Lien Debt Facility and the Additional First Lien Secured Parties thereunder, the trustee, administrative agent, collateral agent, security agent or similar agent under
such Additional First Lien Debt Facility that is named as the “First Lien Representative” in respect of such Additional First Lien Debt Facility in the applicable Joinder Agreement. 

“First Lien Secured Obligations” means, at any time, (a) the First Lien Credit Agreement Secured Obligations and
(b) the Additional First Lien Secured Obligations. 
 “First Lien Secured Parties” means, at any time, (a) the
First Lien Credit Agreement Secured Parties and (b) any Additional First Lien Secured Parties. 
 “First Lien Security
Agreement” means the Security Agreement, dated as of January 6, 2017, among the Borrower, certain Subsidiaries of the Borrower and the First Lien Agent, as amended, restated, amended and restated, extended, renewed, supplemented or
otherwise modified from time to time or as replaced in connection with any Refinancing of the First Lien Credit Agreement. 
 “First
Lien Security Documents” means the “Collateral Documents”, as such term is defined in the First Lien Credit Agreement, and any other documents now existing or entered into after the date hereof that create Liens on any assets or
properties of any of the Grantors to secure any First Lien Secured Obligations or pursuant to which any Lien thereon is perfected. 

“First Liens” mean Liens created or purported to be created under the First Lien Security Documents securing any First Lien
Secured Obligations. 
 “Grantor” means the Borrower and each Subsidiary which has granted a Lien pursuant to any Security
Document to secure any Secured Obligations. 
 “Hedging Obligations” of any Person means any obligation of such Person
pursuant to any Swap Contract. 
 “Indebtedness” has the meaning assigned to such term in the First Lien Credit Agreement.

  
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 “Joinder Agreement” means a joinder agreement substantially in the form of
Annex II hereof required to be delivered by a Representative to the Designated First Lien Representative and the Designated Second Lien Representative pursuant to Section 9.04 hereof in order to include an additional
Debt Facility hereunder and to become the Representative hereunder for the First Lien Secured Parties or Second Lien Secured Parties, as the case may be, under such Debt Facility. 

“Lien” has the meaning assigned to such term in the First Lien Credit Agreement. 

“Non-Payment Default” has the meaning given to such term in
Section 3.02. 
 “Payment Blockage Period” has the meaning given to such term in
Section 3.02. 
 “Payment Default” has the meaning given to such term in
Section 3.02. 
 “Person” has the meaning assigned to such term in the First Lien Credit
Agreement. 
 “Pledged Collateral” has the meaning given to such term in Article 5. 

“Post-Petition Interest” means interest, fees, costs, expenses and other charges that pursuant to the First Lien Loan
Documents or the Second Lien Note Documents, as applicable, continue to accrue after the commencement of any Bankruptcy/Liquidation Proceeding, whether or not such interest, fees, costs, expenses and other charges are allowed or allowable under the
Bankruptcy Code or in any such Bankruptcy/Liquidation Proceeding. 
 “Pro Forma Effect” has the meaning assigned to such
term in the First Lien Credit Agreement. 
 “Purchase Event” has the meaning provided in
Section 4.05. 
 “Refinance” means, in respect of any Indebtedness, to refinance, extend, renew,
defease, amend, restate, amend and restate, modify, supplement, restructure, refund, replace or repay, or to issue other Indebtedness, whether of the same principal amount or greater or lesser principal amount, in exchange or replacement for such
Indebtedness. “Refinanced” and “Refinancing” shall have correlative meanings. 
 “Registered
Equivalent Notes” has the meaning assigned to such term in the First Lien Credit Agreement. 
 “Release” has the
meaning provided in Section 2.04(a). 
 “Replacement First Lien Credit Agreement” means any loan
agreement, indenture or other agreement that (i) Refinances the First Lien Credit Agreement so long as, after giving effect to such Refinancing, the agreement that was the First Lien Credit Agreement immediately prior to such Refinancing is no
longer secured, or required to be secured, by any of the Collateral and (ii) is designated as the “Replacement First Lien Credit Agreement” pursuant to Section 9.04(ii)(A). 

  
 8 

 “Replacement Second Lien Securities Purchase Agreement” means any
securities purchase agreement, note purchase agreement, indenture, loan agreement or other agreement that (i) Refinances the Second Lien Securities Purchase Agreement so long as, after giving effect to such Refinancing, the agreement that was
the Second Lien Securities Purchase Agreement immediately prior to such Refinancing is no longer secured, or required to be secured, by any of the Collateral and (ii) is designated as the “Replacement Second Lien Securities Purchase
Agreement” pursuant to Section 9.04(ii)(A). 
 “Representatives” shall mean the First Lien
Representatives and the Second Lien Representatives. 
 “Requirements of Law” means, with respect to any Person, any
statute, law, treaty, rule, regulation, order, executive order, ordinance, decree, writ, injunction or determination of any arbitrator or court or other governmental authority, in each case applicable to or binding upon such Person or any of its
property or to which such Person or any of its property is subject. 
 “Second Lien Agent” has the meaning provided in the
preamble to this Agreement; provided, however, that if the Second Lien Securities Purchase Agreement is Refinanced by a Replacement Second Lien Securities Purchase Agreement, then all references herein to the Second Lien Agent shall refer to
the collateral agent (or trustee) under the Replacement Second Lien Securities Purchase Agreement. 
 “Second Lien
Class Debt” has the meaning given to such term in Section 9.04. 
 “Second
Lien Class Debt Representative” has the meaning given to such term in Section 9.04. 

“Second Lien Collateral” means the “Collateral”, as such term is defined in the Second Lien Securities Purchase
Agreement, and any other assets or properties of any of the Grantors now or at any time hereafter subject to, or required to be subject to, Liens securing any Second Lien Secured Obligations. 

“Second Lien Debt Facilities” means the Second Lien Securities Purchase Agreement and any Additional Second Lien Debt
Facilities. 
 “Second Lien Note Documents” means (a) the “Note Documents”, as such term is defined in the
Second Lien Securities Purchase Agreement and (b) the Additional Second Lien Note Documents. 
 “Second Lien Parity
Intercreditor Agreement” means an agreement among each Second Lien Representative allocating rights among the various Second Lien Secured Parties. 

“Second Lien Permitted Actions” has the meaning provided in Section 4.01(b). 

“Second Lien Representative” shall mean (i) in the case of the Second Lien Securities Purchase Agreement, the Second
Lien Agent and (ii) in the case of any Additional Second Lien Debt Facility and the Additional Second Lien Secured Parties thereunder, the trustee, administrative agent, collateral agent, security agent or similar agent under such Additional

  
 9 

 
Second Lien Debt Facility that is named as the “Second Lien Representative” in respect of such Additional Second Lien Debt Facility in the applicable Joinder Agreement. 

“Second Lien Secured Obligations” means, at any time, (a) the Second Lien Securities Purchase Agreement Secured
Obligations and (b) the Additional Second Lien Secured Obligations. 
 “Second Lien Secured Parties” means, at any
time, (a) the Second Lien Securities Purchase Agreement Secured Parties and (b) any Additional Second Lien Secured Parties. 

“Second Lien Securities Purchase Agreement” means the Securities Purchase Agreement, dated as of March 8, 2018, among
the Borrower, the various Subsidiary Guarantors from time to time party thereto, the purchasers from time to time party thereto, and Cortland Capital Market Services LLC, as collateral agent, as such agreement may be amended, restated, amended and
restated, waived, restructured, renewed, extended or otherwise modified from time to time and shall also include any Replacement Second Lien Securities Purchase Agreement. 

“Second Lien Securities Purchase Agreement Secured Obligations” means the “Note Obligations”, as such term is
defined in the Second Lien Securities Purchase Agreement. 
 “Second Lien Securities Purchase Agreement Secured Parties”
means, at any time, the “Secured Parties”, as such term is defined in the Second Lien Security Agreement. 
 “Second Lien
Security Agreement” means the Security Agreement, dated as of the date hereof, among the Borrower, certain Subsidiaries of the Borrower and the Second Lien Agent, as amended, restated, amended and restated, extended, renewed, supplemented
or otherwise modified from time to time or as replaced in connection with any Refinancing of the Second Lien Securities Purchase Agreement. 

“Second Lien Security Documents” means the “Collateral Documents”, as such term is defined in the Second Lien
Securities Purchase Agreement, and any other documents now existing or entered into after the date hereof that create Liens on any assets or properties of any of the Grantors to secure any Second Lien Secured Obligations. 

“Second Liens” means Liens created or purported to be created under the Second Lien Security Documents securing Second Lien
Secured Obligations. 
 “Secured Obligations” means the First Lien Secured Obligations and the Second Lien Secured
Obligations. 
 “Secured Parties” means the First Lien Secured Parties and the Second Lien Secured Parties. 

“Security Documents” means the First Lien Security Documents and the Second Lien Security Documents. 

“Standstill Period” has the meaning provided in Section 4.01(b). 

  
 10 

 “Uniform Commercial Code” or “UCC” means the Uniform
Commercial Code (or any similar or equivalent legislation) as in effect in any applicable jurisdiction. 
 ARTICLE 2 

SUBORDINATION OF LIENS 

Section 2.01.    Similar Liens and Agreements. The parties hereto (including the Borrower, on behalf of
itself and the other Grantors) agree that it is their intention that the First Lien Collateral and the Second Lien Collateral be identical, subject to Sections 2.01(c), 2.01(d), 2.04(a) and clause (ii) of the
first sentence of Section 4.04. In furtherance of the foregoing, the parties hereto agree, subject to the other provisions of this Agreement: 

(a)    Upon request by any First Lien Representative or any Second Lien Representative, to cooperate in good faith (and to
direct their counsel to cooperate in good faith) from time to time in order to determine the specific items included in the First Lien Collateral and the Second Lien Collateral and the steps taken to perfect their respective Liens thereon and the
identity of the respective parties obligated under the First Lien Loan Documents and the Second Lien Note Documents; 

(b)    The documents and agreements creating or evidencing the First Lien Collateral and the Second Lien Collateral,
subject to Section 9.03, shall be in all material respects the same forms of documents other than with respect to the first lien and the second lien nature of the Secured Obligations thereunder; 

(c)    The existence of a maximum claim with respect to any real property subject to a mortgage which applies to all
Secured Obligations shall not be deemed to be a difference in Collateral among any series, issue or class of First Lien Secured Obligations or Second Lien Secured Obligations; and 

(d)    Notwithstanding anything in this Agreement or any other First Lien Loan Documents or Second Lien Note Documents to
the contrary, collateral consisting of segregated cash and Cash Equivalents specifically pledged to secure First Lien Credit Agreement Obligations consisting of reimbursement obligations in respect of Letters of Credit or otherwise held by the
Administrative Agent pursuant to Sections 2.03(g), 2.05(b)(iv) or 8.02(iii) of the First Lien Credit Agreement (or any equivalent successor provision) or any applicable provision in connection with such pledge shall be applied
as specified in the applicable First Lien Loan Document pursuant to which such Secured Obligations are issued and secured and will not constitute Collateral hereunder. Nothing in this Agreement shall be construed to impair the right of any Secured
Party to recoup, set off, net or off-set amounts against any cash or Cash Equivalents (or letter of credit support) that does not constitute Collateral hereunder and that was specifically pledged to such
Secured Party as provided in this Section 2.01(d) (including amounts delivered as margin or cash collateral) to satisfy such Secured Obligations to the extent permitted under the applicable First Lien Loan Document, or exercise its rights and
remedies with respect to any such Cash Collateral pledged for its sole benefit or as a beneficiary under and pursuant to any other credit support issued solely in its favor, each of which will be governed by the terms of such First Lien Loan
Document. 

  
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 Section 2.02.    Subordination of Liens. (a)
All Liens (regardless of how acquired) securing the Second Lien Secured Obligations granted on any Collateral are expressly subordinated and made junior in right, priority, operation and effect to any and all Liens (regardless of how acquired)
securing the First Lien Secured Obligations granted on such Collateral, notwithstanding any provision of the UCC or any other Federal, State or foreign law or anything contained in this Agreement, the Second Lien Securities Purchase Agreement, any
Additional Second Lien Debt Facility, any Second Lien Security Document, any Second Lien Parity Intercreditor Agreement, any other Second Lien Note Document or any other agreement or instrument to the contrary or otherwise, and irrespective of the
time, order or method of creation, attachment or perfection of any Liens securing the Second Lien Secured Obligations granted on the Collateral and any Liens securing the First Lien Secured Obligations granted on the Collateral or any defect or
deficiency or alleged defect or deficiency in any of the foregoing and irrespective of the subordination of any Lien securing any First Lien Secured Obligations to any other Liens. Each Second Lien Representative for itself and on behalf of the
applicable Second Lien Secured Parties expressly agrees that any Lien purported to be granted on any Collateral as security for the First Lien Secured Obligations shall be and remain senior in all respects and prior to all Liens on the Collateral
securing any Second Lien Secured Obligations for all purposes regardless of whether the Lien purported to be granted is found to be improperly granted, improperly perfected, preferential, a fraudulent conveyance or legally or otherwise deficient in
any manner. 
 (b)    It is acknowledged that (i) aggregate amount of the First Lien Credit Agreement Secured
Obligations may be increased pursuant to Section 2.14 of the First Lien Credit Agreement as in effect on the date hereof, (ii) a portion of the First Lien Secured Obligations consists of Indebtedness that is revolving
in nature, and the amount thereof that may be outstanding at any time or from time to time may be increased or reduced and subsequently reborrowed, (iii) the First Lien Secured Obligations may be extended, renewed, replaced, restructured,
Refinanced or otherwise amended, restated, amended and restated, supplemented or modified, or secured with additional collateral (which collateral shall be subject to Section 2.06), and (iv) the aggregate amount of the
First Lien Secured Obligations may be increased, from time to time in accordance with the terms of the First Lien Debt Facilities, all without affecting the subordination hereunder of the Liens securing the Second Lien Secured Obligations granted on
the Collateral or the subordination provisions in Article 3 hereof or the provisions of this Agreement defining the relative rights of the First Lien Secured Parties and the Second Lien Secured Parties. The subordination and lien priorities
provided for herein shall not be altered or otherwise affected by any amendment, restatement, amendment and restatement, modification, supplement, extension, increase, renewal, replacement, restructuring, or Refinancing of either the Second Lien
Secured Obligations or the First Lien Secured Obligations, by the securing of any First Lien Secured Obligations with any additional collateral or guarantees (which collateral shall be subject to Section 2.06), by the
release of any First Lien Collateral, by the failure of any Person to comply with any provision of this Agreement or any agreement evidencing, governing or securing any First Lien Secured Obligation or Second Lien Secured Obligation, or by any
action that any Representative or Secured Party may take or fail to take in respect of any Collateral. Without limiting the foregoing, all existing and any future First Lien Secured Obligations of any class are intended to be secured by the
Collateral, and the Liens on the 

  
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Collateral securing such First Lien Secured Obligations will constitute first priority Liens entitled to the benefit of this Agreement. 

(c)    It is agreed that the First Lien Representatives will have no obligations to exercise any remedies available to
them as a condition to obtaining the benefits of this Article 2 and Article 8. 
 (d)    The Second Lien
Agent acknowledges receipt of copies of each of the First Lien Loan Documents existing on the date hereof. Each Second Lien Representative on behalf of the applicable Second Lien Secured Parties agrees that the Second Lien Securities Purchase
Agreement, any Additional Second Lien Debt Facility and the principal Second Lien Security Documents to which such Second Lien Representative is a party will contain the provisions set forth in Annex I hereto under which the applicable Second
Lien Secured Parties agree to, and subject their rights to the provisions of, this Agreement as set forth therein. 

Section 2.03.    No Duties of Designated First Lien Representative or other First Lien Secured Parties. Each
Second Lien Representative on behalf of itself and each Second Lien Secured Party represented by it acknowledges and agrees that neither the Designated First Lien Representative nor any other First Lien Secured Party shall have any duties or other
obligations to any Second Lien Secured Party with respect to any First Lien Collateral, other than to transfer to the Designated Second Lien Representative (if the Discharge of Second Lien Secured Obligations has not occurred) any net proceeds of
any such Collateral that constitutes Second Lien Collateral remaining in its possession following any sale, transfer or other disposition of such Collateral and the Discharge of First Lien Secured Obligations, or, if the Designated First Lien
Representative shall be in possession of all or any part of such Collateral after any Discharge of First Lien Secured Obligations and there are then any Second Lien Secured Obligations outstanding, such Collateral or any part thereof remaining, in
each case without representation or warranty on the part of the Designated First Lien Representative or any other First Lien Secured Party. In furtherance of the foregoing, each Second Lien Representative on behalf of itself and each Second Lien
Secured Party represented by it acknowledges and agrees that until the Discharge of First Lien Secured Obligations, the Designated First Lien Representative shall be entitled, subject to Section 4.01(b)(ii), for the benefit
of the holders of the First Lien Secured Obligations, to sell, transfer or otherwise dispose of or deal with such Collateral as provided herein and in the First Lien Security Documents, without regard to any Lien securing the Second Lien Secured
Obligations granted on the Collateral or any rights to which the holders of the Second Lien Secured Obligations would otherwise be entitled as a result of such Lien. Without limiting the foregoing, each Second Lien Representative on behalf of itself
and each Second Lien Secured Party represented by it agrees that neither the Designated First Lien Representative nor any other First Lien Secured Party shall have any duty or obligation first to marshal or realize upon any type of Collateral or any
other collateral securing the First Lien Secured Obligations, or to sell, dispose of or otherwise liquidate all or any portion of the Collateral or any other collateral securing the First Lien Secured Obligations, in any manner that would maximize
the return to the Second Lien Secured Parties, notwithstanding that the order and timing of any such realization, sale, disposition or liquidation may affect the amount of net proceeds actually received by the Second Lien Secured Parties from such
realization, sale, disposition or liquidation. Each Second Lien Representative on behalf of itself and each Second Lien Secured Party represented by it waives any claim it or such Second Lien 

  
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Secured Party may now or hereafter have against the Designated First Lien Representative or any other First Lien Secured Party (or their representatives) arising out of (a) any actions which
the Designated First Lien Representative or the other First Lien Secured Parties take or omit to take (including actions with respect to the creation, perfection or continuation of Liens on any Collateral, actions with respect to the foreclosure
upon, sale, release or depreciation of, or failure to realize upon, any of the Collateral and actions with respect to the collection of any claim for all or any part of the First Lien Secured Obligations from any account debtor, guarantor or any
other party) in accordance with the First Lien Security Documents or any other agreement related thereto or to the collection of the First Lien Secured Obligations or the valuation, use, protection or release of any Collateral, (b) any election
by the Designated First Lien Representative or First Lien Secured Parties, in any proceeding instituted under the Bankruptcy Code, of the application of Section 1111(b) of the Bankruptcy Code with respect to the Collateral and/or (c) any
borrowing by any Grantor as debtor in possession, or any related grant of a security interest or administrative expense priority under Section 364 of the Bankruptcy Code. The First Lien Representatives and the First Lien Secured Parties, on the
one hand, and the Second Lien Representatives and the Second Lien Secured Parties, on the other hand, shall each be responsible for keeping themselves informed of (a) the financial condition of the Grantors and their Subsidiaries and all
endorsers and/or guarantors of the First Lien Secured Obligations or the Second Lien Secured Obligations and (b) all other circumstances bearing upon the risk of nonpayment of the First Lien Secured Obligations or the Second Lien Secured
Obligations. 
 Section 2.04.    Automatic Release of Second Liens. (a) Until such time as the Discharge of
Second Lien Securities Purchase Agreement Obligations has occurred, the Designated First Lien Representative, for itself and on behalf of the First Lien Secured Parties, will have the exclusive right (subject to the provisions of the First Lien Loan
Documents) to make determinations regarding the release of Liens on, or disposition of, any Collateral, without consultation with, consent of, or notice to, the Designated Second Lien Representative or any other Second Lien Secured Party, in each
case, subject to the provisions of this Section 2.04. If, in connection with (i) any sale, transfer or other disposition of any Collateral by any Grantor (other than in connection with any enforcement or exercise of
rights or remedies with respect to the Collateral which shall be governed by clause (ii)) permitted under the terms of the First Lien Loan Documents or consented to by the applicable First Lien Secured Parties under such First Lien Loan
Documents (other than in connection with the Discharge of First Lien Secured Obligations) or (ii) the enforcement or exercise of any rights or remedies with respect to the Collateral, including any sale, transfer or other disposition of
Collateral, to the extent that the net proceeds of such sale, transfer or other disposition will be applied to repay (and, to the extent applicable, to reduce permanently commitments with respect to) the First Lien Secured Obligations, the
Designated First Lien Representative, for itself and on behalf of the other First Lien Secured Parties, or any Grantor releases any of the First Liens (a “Release”), then the Liens on such Collateral securing any Second Lien Secured
Obligations shall be automatically, unconditionally and simultaneously released (but shall not be deemed to have been released from the proceeds of such Collateral that were not applied to reduce permanently the First Lien Secured Obligations), and
the Designated Second Lien Representative shall, for itself and on behalf of the other Second Lien Secured Parties, promptly execute and deliver to the Designated First Lien Representative and the applicable Grantors such termination statements,
releases and other documents as the Designated First Lien Representative or any applicable Grantor may 

  
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reasonably request to effectively confirm such Release. Similarly, if the Equity Interests of any Person are foreclosed upon or otherwise disposed of pursuant to clause (i) or
(ii) above and in connection therewith the Designated First Lien Representative releases the First Liens on the property or assets of such Person or releases such Person from its guarantee of First Lien Secured Obligations, then the Second
Liens on such property or assets of such Person and such Person’s guarantee of Second Lien Secured Obligations shall be automatically released to the same extent. 

(b)    Until the Discharge of First Lien Secured Obligations, the Designated Second Lien Representative, for itself and on
behalf of the Second Lien Secured Parties, hereby irrevocably constitutes and appoints the Designated First Lien Representative and any officer or agent of the Designated First Lien Representative, with full power of substitution, as its true and
lawful attorney-in-fact with full irrevocable power and authority in the place and stead of the Designated Second Lien Representative or such holder or in the Designated
First Lien Representative’s own name, from time to time in the Designated First Lien Representative’s discretion, for the purpose of carrying out the terms of this Section 2.04, to take any and all appropriate
action and to execute any and all documents and instruments which may be necessary to accomplish the purposes of this Section 2.04, including any endorsements or other instruments of transfer or release. 

Section 2.05.    Reinstatement. In the event that (i) the Discharge or any payment of First Lien Secured
Obligations shall have occurred and any of such First Lien Secured Obligations shall subsequently, for whatever reason (including, but not limited to, an order or judgment for disgorgement or avoidance of a preference or fraudulent transfer under
the Bankruptcy Code, or any other law, or the settlement of any claim in respect thereof), be required to be returned or repaid, the terms and conditions of this Agreement shall be fully applicable thereto until there shall thereafter have been a
Discharge of First Lien Secured Obligations then from and after such date of required return or repayment, such Discharge of First Lien Secured Obligations shall be automatically deemed not to have occurred for all purposes of this Agreement and
(ii) the Designated First Lien Representative or the other First Lien Secured Parties have released any Lien on Collateral and any such Liens are later reinstated, then the Designated Second Lien Representative, for itself and the benefit of
the Second Lien Secured Parties, shall be granted a second priority Lien on such Collateral, subject to the subordination provisions of this Agreement. 

Section 2.06.    New Liens. Subject to Sections 2.01(c), 2.01(d) and clause (ii) of
the first sentence of Section 4.04, the Borrower, on behalf of itself and the other Grantors agrees that, so long as the Discharge of First Lien Secured Obligations has not occurred, it shall not (i) permit any
additional Liens on any asset or property of any Grantor to be granted to secure any Second Lien Secured Obligation, unless a Lien has been granted on such asset or property to secure the First Lien Secured Obligations, with each such Lien to be
subject to the provisions of this Agreement, or (ii) permit any additional Liens on any asset or property of any Grantor to be granted to secure any First Lien Secured Obligations unless a Lien has been granted on such asset to secure the
Second Lien Secured Obligations, with each such Lien to be subject to the provisions of this Agreement. If any Second Lien Representative or any Second Lien Secured Party shall hold any Lien on any assets or property of any Grantor securing any
Second Lien Secured Obligations that are not also subject to the first-priority Liens securing all First Lien Secured Obligations under the First Lien Loan Documents, such Second Lien Representative or

  
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Second Lien Secured Party (i) shall notify the Designated First Lien Representative promptly upon becoming aware thereof and, unless such Grantor shall promptly grant a similar Lien on such
assets or property to each First Lien Representative as security for the First Lien Secured Obligations, shall assign such Lien to the Designated First Lien Representative as security for all First Lien Secured Obligations for the benefit of the
First Lien Secured Parties (but may retain a junior Lien on such assets or property subject to the terms hereof) and (ii) until such assignment or such grant of a similar Lien to each First Lien Representative, shall be deemed to hold and have
held such Lien for the benefit of each First Lien Representative and the other First Lien Secured Parties as security for the First Lien Secured Obligations. To the extent that the foregoing provisions are not complied with for any reason, without
limiting any other rights and remedies available to the First Lien Representatives and/or the First Lien Secured Parties, the Designated Second Lien Representative, on behalf of the Second Lien Secured Parties, agrees that any amounts received by or
distributed to any of them pursuant to or as a result of Liens granted in contravention of this Section 2.06 shall be subject to Section 8.01. 

ARTICLE 3 
 PAYMENT
SUBORDINATION 
 Section 3.01.    Agreement to Subordinate. The Borrower and each other
Grantor covenants and agrees, and the Designated Second Lien Representative, for itself and on behalf of the Second Lien Secured Parties, covenants and agrees, and each Second Lien Secured Party by accepting the Second Lien Note Documents covenants
and agrees that, anything in the Second Lien Note Documents or Second Lien Securities Purchase Agreement to the contrary notwithstanding, the Second Lien Secured Obligations are subordinate and junior in right of payment, to the extent provided
herein, to all First Lien Secured Obligations, whether outstanding on the date of execution of the Second Lien Securities Purchase Agreement or thereafter created, incurred or assumed, and that the subordination is for the benefit of the First Lien
Secured Parties.  
 Section 3.02.    No Payment on Subordinated Indebtedness in Event of Default on
Senior Indebtedness.  
 (a)    No payment by the Borrower or any other Grantor with respect to the Second
Lien Secured Obligations (whether such payment is a payment on account of principal (or premium, if any), sinking funds or interest on the Second Lien Secured Obligations or otherwise) shall be made if either of the following occurs (each, a
“Payment Default”): 
 (i)    the failure of any Grantor to pay, on a timely basis, any
principal, interest, fees or other obligations under the First Lien Loan Documents including, without limitation, any default in payment of First Lien Secured Obligations after acceleration thereof; or 

(ii)    any Default or Event of Default (each as defined in the First Lien Credit Agreement) under any
First Lien Loan Documents has occurred and the maturity of any First Lien Secured Obligations is accelerated in accordance with the applicable terms of the First Lien Loan Documents, 

  
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unless, in either case, the Payment Default has been cured or waived and any such acceleration has been rescinded or such First Lien Secured Obligations have been Discharged; provided,
however, that the Borrower may pay the Second Lien Secured Obligations without regard to the foregoing if (i) the Borrower and the Designated Second Lien Representative receive written notice approving such payment from the Designated
First Lien Representative with respect to which a Payment Default has occurred and is continuing or (ii) such payment is made in kind or in Equity Interests of the Borrower (or any parent entity thereof). The Borrower shall promptly give notice
to the Designated Second Lien Representative of any occurrence of a Payment Default. 
 (b)    The Borrower shall not
pay the Second Lien Secured Obligations for a Payment Blockage Period (as defined below) during the continuance of any Default other than a Payment Default (a “Non-Payment Default”), with
respect to any First Lien Secured Obligation that permits the First Lien Secured Parties in respect of such First Lien Secured Obligations to accelerate its maturity immediately without either further notice (except such notice as may be required to
effect such acceleration) or the expiration of any applicable grace periods; provided, however, that the Borrower may pay the Second Lien Secured Obligations without regard to the foregoing if (i) the Borrower and the Designated
Second Lien Representative receive written notice approving such payment from the Designated First Lien Representative with respect to which a Non-Payment Default has occurred and is continuing or
(ii) such payment is made in kind or in Equity Interests of the Borrower (or any parent entity thereof). 

(c)    A “Payment Blockage Period” commences on the receipt by the Designated Second Lien Representative
(with a copy to the Borrower) of written notice (a “Blockage Notice”) of a Non-Payment Default from the Designated First Lien Representative specifying an election to effect a Payment Blockage
Period and ends 179 days after the date of receipt of such notice. The Payment Blockage Period will end earlier if such Payment Blockage Period is terminated: 

(i)    by written notice to the Designated Second Lien Representative and the Borrower from the Person or
Persons who gave such Blockage Notice; 
 (ii)    because the Default giving rise to such Blockage Notice
is cured, waived or otherwise no longer continuing; or 
 (iii)    because the Discharge of First Lien
Secured Obligations has occurred. 
 (d)    The Borrower may resume paying on the Second Lien Secured Obligations after
the end of the Payment Blockage Period (including any missed payments), unless the First Lien Secured Parties or the Designated First Lien Representative have accelerated the maturity of such First Lien Secured Obligations. The Second Lien Secured
Obligations will not be subject to more than one Payment Blockage Period in any consecutive 360-day period, irrespective of the number of Defaults with respect to First Lien Secured Obligations during such
period. In no event, however, may the total number of days during which any Payment Blockage Period or Payment Blockage Periods is in effect exceed 179 days in the aggregate during any consecutive 360-day
period, and there must be at least 181 days during any consecutive 360-day period during which no Payment Blockage Period is in effect. For purposes of this paragraph, no

  
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Default or Event of Default that existed or was continuing on the date of the commencement of any Payment Blockage Period with respect to the applicable First Lien Secured Obligations initiating
such Payment Blockage Period shall be, or be made, the basis of the commencement of a subsequent Payment Blockage Period by the Designated First Lien Representative, whether or not within a period of 360 consecutive days, unless such Default or
Event of Default shall have been cured or waived for a period of not less than 90 consecutive days (it being acknowledged that any subsequent action, or any breach of any financial covenant during the period after the date of delivery of a Blockage
Notice, that, in either case, would give rise to a Non-Payment Default pursuant to any provisions under which a Non-Payment Default previously existed or was continuing
shall constitute a new Non-Payment Default for this purpose). 

Section 3.03.    Notices to Designated Second Lien Representative. The Borrower shall give prompt written
notice to the Designated Second Lien Representative of any fact known to the Borrower which would prohibit the making of any payment to or by the Designated Second Lien Representative in respect of the Second Lien Secured Obligations. Failure to
give such notice shall not affect the subordination of the Second Lien Secured Obligations to the First Lien Secured Obligations. The Designated Second Lien Representative shall be entitled to rely on the delivery to it of a written notice by a
person representing himself or herself to be a First Lien Secured Party or the Designated First Lien Representative to establish that such a notice has been given by a First Lien Secured Party or the Designated First Lien Representative. 

Section 3.04.    Agreement of Grantors. Each Grantor, for itself, its successors and assigns, covenants
and agrees, and the Designated Second Lien Representative, for itself and on behalf of the Second Lien Secured Parties, covenants and agrees, and each Second Lien Secured Party by its acceptance thereof, likewise covenants and agrees, that the
payment of any of the Second Lien Secured Obligations is hereby expressly subordinated, to the extent and in the manner hereinafter set forth, in right of payment to the prior Discharge of First Lien Secured Obligations, and the obligations of the
Grantors under the First Lien Security Documents will in no way be diminished or otherwise affected by the provisions of this Agreement. 

Section 3.05.    Subordination Rights Not Impaired by Acts or Omissions of the Grantors or First Lien Secured
Parties. No right of any present or future First Lien Secured Party to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of any Grantor or by any act or
failure to act, in good faith, by any such First Lien Secured Party, or by any noncompliance by any Grantor with the terms, provisions and covenants of this Agreement or any First Lien Loan Document, regardless of any knowledge thereof which any
such First Lien Secured Party may have or be otherwise charged with. 
 ARTICLE 4. 

STANDSTILL; BANKRUPTCY/LIQUIDATION PROCEEDINGS 

Section 4.01.    No Action with Respect to Second Lien Collateral Subject to First Liens. (a) Subject
to Section 4.01(b), so long as the Discharge of First Lien Secured Obligations has not occurred, no Second Lien Representative nor any other Second Lien Secured Party shall commence or instruct the Designated Second Lien
Representative to commence any judicial or nonjudicial foreclosure proceedings with respect to, seek to have a trustee, receiver, liquidator or 

  
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similar official appointed for or over, attempt any action to take possession of, exercise any right, remedy or power with respect to, or otherwise take any action to enforce its interest in or
realize upon, or take any other action available to it in respect of, any Second Lien Collateral under any Second Lien Security Document, Requirements of Law or otherwise (including the exercise of any right of setoff or any right under any lockbox
agreement, account control agreement, landlord waiver or bailee’s letter or similar agreement or arrangement to which the Second Lien Representative or any Second Lien Secured Party is a party), at any time prior to the Discharge of First Lien
Secured Obligations; it being agreed that only the Designated First Lien Representative or any Person authorized by it, acting in accordance with the First Lien Security Documents, shall be entitled to take any such actions or exercise any such
remedies. Notwithstanding the foregoing, any Second Lien Representative and any other Second Lien Secured Party may, subject to Article 3 and Section 4.04, (i) take all such actions as it shall deem necessary to
continue, preserve or protect the perfection of (but not enforce) the Liens securing the Second Lien Secured Obligations granted on any Second Lien Collateral, (ii) vote on any plan of reorganization, file any proof of claim, make other filings
and make any arguments and motions that are, in each case, in accordance with the terms of this Agreement, with respect to the Second Lien Secured Obligations and the Second Lien Collateral, (iii) file any necessary or appropriate responsive or
defensive pleadings in opposition to any motion, claim, adversary proceeding or other pleading made by any person objecting to or otherwise seeking the disallowance of the claims or Liens of the Second Lien Secured Parties, including any claims
secured by the Second Lien Collateral, if any, in each case in accordance with the terms of this Agreement, (iv) join (but not exercise any control with respect to) any judicial foreclosure proceeding, other judicial lien enforcement proceeding
or motion to lift the automatic stay with respect to the Collateral initiated by the Designated First Lien Representative or any other First Lien Secured Party to the extent that any such action could not reasonably be expected, in any material
respect, to restrain, hinder, limit, delay for any material period or otherwise interfere with the exercise of remedies by the Designated First Lien Representative or such other First Lien Secured Party (it being understood that neither the Second
Lien Representative nor any other Second Lien Secured Party shall be entitled to receive any proceeds thereof unless otherwise expressly permitted herein), (v) file any pleadings, objections, motions or agreements which assert rights or interests
available to unsecured creditors of the Grantors arising under the Bankruptcy Code or applicable law, in each case, not inconsistent with this Agreement or applicable law, and (vi) exercise any rights or remedies with respect to the Collateral
after the termination of the Standstill Period to the extent permitted by clause (b) below. 

(b)    Notwithstanding clause (a) above, but subject in all respects to Article 3 hereof, the
Designated Second Lien Representative may enforce any of its rights and exercise any of its remedies (any such enforcement or exercise in accordance with this clause (b), the “Second Lien Permitted Actions”) with respect to
the Second Lien Collateral after a period of 180 consecutive days has elapsed since the date on which the Designated Second Lien Representative has delivered to the Designated First Lien Representative written notice of the acceleration or non-payment at the final stated maturity of the Indebtedness then outstanding under the Second Lien Loan Documents (the “Standstill Period”); provided, however, that (i) notwithstanding
the expiration of the Standstill Period or anything herein to the contrary, in no event shall the Designated Second Lien Representative or any other Second Lien Secured Party enforce or exercise any rights or remedies with respect to any Collateral
if (A) the Designated First Lien 

  
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Representative or any other First Lien Secured Party shall have commenced, and shall be diligently pursuing (or shall have sought or requested relief from or modification of the automatic stay or
any other stay in any Bankruptcy/Liquidation Proceeding to enable the commencement and pursuit thereof) the enforcement or exercise of any rights or remedies with respect to all or a material portion of such Collateral (prompt written notice thereof
to be given to the Designated Second Lien Representative by the Designated First Lien Representative; provided that the failure to give such notice shall not affect the effectiveness and validity of this clause (b)) or (B) at any
time a Grantor is then a debtor under or with respect to (or otherwise subject to) any Bankruptcy/Liquidation Proceeding (except as otherwise set forth in this Section 4.01(b) or in Section 2.04)
and (ii) after the expiration of the Standstill Period, so long as neither the Designated First Lien Representative nor any other First Lien Secured Party has commenced any action to enforce the Liens securing the First Lien Secured Obligations
on all or any material portion of the Collateral and is not stayed from such enforcement as described above, the Second Lien Secured Parties (or the Designated Second Lien Representative on their behalf) may, subject to the provisions of Article
8, enforce the Liens securing the Second Lien Secured Obligations with respect to all or any portion of the Collateral. If the Designated Second Lien Representative or any other Second Lien Secured Party exercises any rights or remedies with
respect to the Collateral in accordance with the immediately preceding sentence of this paragraph and thereafter the Designated First Lien Representative or any other First Lien Secured Party commences (or attempts to commence or gives notice of its
intent to commence) the exercise of any of its rights or remedies with respect to all or a material portion of the Collateral (including seeking relief from the automatic stay or any other stay in any Bankruptcy/Liquidation Proceeding), the
Standstill Period shall recommence and the Designated Second Lien Representative and each other Second Lien Secured Party shall rescind any such rights or remedies already exercised with respect to the Collateral. 

Section 4.02.    Distribution on Dissolution, Liquidation and Reorganization. Upon any distribution of assets
of any Grantor upon any dissolution, winding up, liquidation or reorganization of such Grantor, whether in a Bankruptcy/Liquidation Proceeding or upon an assignment for the benefit of creditors or any other marshalling of the assets and liabilities
of such Grantor or otherwise: 
 (a)    the First Lien Secured Parties shall be entitled to a Discharge of First Lien
Secured Obligations before the Second Lien Secured Parties are entitled to receive any payment or distribution upon the Second Lien Secured Obligations (whether by payment of principal (and premium, if any) or interest on the Second Lien Secured
Obligations or otherwise); 
 (b)    any payment or distribution by any Grantor of any kind or character, whether in
cash, property or securities, to which the Second Lien Agent or Second Lien Secured Parties would be entitled except for the provisions of this Article 4 shall be paid by the liquidating trustee or agent or other person making such payment or
distribution, whether a trustee in bankruptcy, a receiver or liquidating trustee or otherwise, directly to the Designated First Lien Representative for application to payment of the First Lien Secured Obligations, to the extent necessary for the
Discharge of the First Lien Secured Obligations; and 
 (c)    in the event that, notwithstanding the foregoing, any
payment or distribution of assets of any Grantor of any kind or character, whether in cash, property or securities, shall be 

  
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received by the Designated Second Lien Representative or any Second Lien Secured Party before the Discharge of First Lien Secured Obligations shall have occurred, such payment or distribution
shall be paid over to the Designated First Lien Representative for application to payment of the First Lien Secured Obligations, to the extent necessary for the Discharge of the First Lien Secured Obligations. 

Nothing contained in this Agreement or in the Second Lien Note Documents is intended to or shall impair, as between the Borrower, its
creditors (other than the First Lien Secured Parties) and the Second Lien Secured Parties, the obligation of the Grantors, which is unconditional and absolute, to pay to the Second Lien Secured Parties the Second Lien Secured Obligations as and when
the same shall become due and payable in accordance with the terms of the applicable Second Lien Note Documents, or to affect the relative rights of the Second Lien Secured Parties and creditors of the Borrower (other than the First Lien Secured
Parties). 
 Section 4.03.    No Interference. Each Second Lien Representative on behalf of itself and each
Second Lien Secured Party represented by it agrees that, whether or not a Bankruptcy/Liquidation Proceeding has been commenced by or against any Grantor, (a) it will not take or cause to be taken any action the purpose or effect of which is, or
could be, to make any Lien on the Collateral securing any of the Second Lien Secured Obligations pari passu with, or to give such Second Lien Secured Party any preference or priority relative to, any Lien on the Collateral securing any of the
First Lien Secured Obligations, (b) it will not challenge or question in any proceeding, or support any other Person in challenging or questioning in any proceeding, in each case including, without limitation, any Bankruptcy/Liquidation
Proceeding, the validity or enforceability of any First Lien Secured Obligations or First Lien Security Document, or the validity, attachment, perfection or priority of any Lien on the Collateral securing or purporting to secure any of the First
Lien Secured Obligations, or the validity or enforceability of the priorities, rights or duties established by or other provisions of this Agreement, (c) it will not, except in connection with the taking of any Second Lien Permitted Actions,
contest, protest, object to, interfere with, hinder or delay, in any manner, whether by judicial proceedings or otherwise, any sale, transfer or other disposition of the Collateral, or any other exercise of remedies against any Collateral or any
forbearance thereof, in each case, by any First Lien Secured Parties or the First Lien Representative acting on their behalf, (d) it shall have no right to (i) direct any First Lien Representative or any First Lien Secured Party to
exercise any right, remedy or power with respect to the Collateral or (ii) consent to the exercise by any First Lien Representative or any First Lien Secured Party of any right, remedy or power with respect to the Collateral, (e) it will
not institute any suit or assert in any suit, Bankruptcy/Liquidation Proceeding or other proceeding any claim against any First Lien Representative or any First Lien Secured Party seeking damages from or other relief by way of specific performance,
instructions or otherwise with respect to, and neither any First Lien Representative nor any First Lien Secured Party shall be liable for, any action taken or omitted to be taken by any such First Lien Representative or any such First Lien Secured
Party with respect to any Collateral securing such First Lien Secured Obligations; provided that nothing in this clause (e) shall prevent any Second Lien Secured Party from asserting or seeking to enforce any provision of this
Agreement or any provision of any Second Lien Security Document (to the extent not prohibited by this Agreement) and (f) it will not attempt, directly or indirectly, whether by judicial proceedings or otherwise, to challenge the enforceability
of any provision of this Agreement in its capacity as a 

  
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secured creditor. Each First Lien Secured Party agrees that it will not challenge or question in any proceeding (including in any Bankruptcy/Liquidation Proceeding) the validity or enforceability
of any Second Lien Security Document, or the validity, attachment, perfection or priority of any Lien on the Collateral securing any of the Second Lien Secured Obligations. 

Section 4.04.    Certain Agreements with Respect to Bankruptcy/Liquidation Proceedings. In the event of
a Bankruptcy/Liquidation Proceeding, each Second Lien Representative (in its capacity as a Second Lien Representative) and the other Second Lien Secured Parties (each in its capacity as a Second Lien Secured Party) shall not, unless and until all
First Lien Secured Obligations have been Discharged, directly or indirectly (i) seek in respect of any part of the Collateral or proceeds thereof or any Lien on the Collateral securing the Second Lien Secured Obligations that may exist thereon
any relief from or modification of the automatic or other stay as provided in Section 362 of the Bankruptcy Code or under any other applicable law or otherwise or seek any form of adequate protection under either or both of Sections 362 and 363
of the Bankruptcy Code or under any other applicable law or otherwise with respect thereto, except replacement or additional liens junior to the Liens on the Collateral securing the First Lien Secured Obligations, superpriority administrative claims
junior to those granted to the First Lien Secured Parties (provided that, each Second Lien Representative shall have irrevocably agreed, pursuant to Section 1129(a)(9) of the Bankruptcy Code, on behalf of itself and the Second Lien
Secured Parties, in any stipulation and/or order granting such adequate protection, that such junior superpriority claims may be paid under any plan of reorganization in any combination of cash, debt, equity or other property having a value on the
effective date of such plan equal to the allowed amount of such claims), provided that (A) in the event any Second Lien Representative, for itself and on behalf of any Second Lien Secured Parties, seeks or requests adequate protection
and such adequate protection is granted in the form of additional or replacement collateral, then such Second Lien Representative, for itself and on behalf of such Second Lien Secured Parties, agrees that each First Lien Representative shall also be
granted a senior Lien on such additional or replacement collateral as security for the First Lien Obligations and that any Lien on such additional or replacement collateral securing the Second Lien Obligations shall be subordinated to the Liens on
such collateral securing the First Lien Obligations and any other Liens granted to the First Lien Secured Parties as adequate protection on the same basis as the other Liens securing the Second Lien Obligations are so subordinated to such Liens
securing First Lien Obligations under this Agreement (and, to the extent the First Lien Secured Parties are not granted such adequate protection in such form, any amounts recovered by or distributed to any Second Lien Secured Party pursuant to or as
a result of any Lien on such additional or replacement collateral so granted to the Second Priority Debt Parties shall be subject to Section 4.02), and (B) in the event any Second Lien Representative, for itself and on
behalf of any Second Lien Secured Parties, seeks or requests adequate protection and such adequate protection is granted (in each instance, to the extent such grant is otherwise permissible under the terms and conditions of this Agreement) in the
form of a superpriority claim, then such Second Lien Representative, for itself and on behalf of such Second Lien Secured Party, agrees that each First Lien Representative shall also be granted adequate protection in the form of a superpriority
claim, which superpriority claim shall be senior to the claims of the Second Lien Secured Parties (and, to the extent the First Lien Secured Parties are not granted such adequate protection in such form, any amounts recovered by or distributed to
any Second Lien Secured Party pursuant to or as a result of any such superpriority claim so 

  
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granted to the Second Lien Secured Parties shall be subject to Section 4.02); provided further that, to the extent that the First Lien Secured Parties are granted
adequate protection in the form of payments in the amount of current post-petition fees and expenses, and/or other cash payments, then the Second Lien Representative, for itself and on behalf of each Second Lien Secured Party, shall not be
prohibited from seeking adequate protection in the form of accrual of interest and the current payment of reasonable out-of-pocket expenses, including fees and
disbursements of counsel and other professional advisors, incurred by the Second Lien Secured Parties, subject to the right of the First Lien Secured Parties to object to the reasonableness of the amounts of fees and expenses or other cash payments
so sought by the Second Lien Secured Parties, (ii) oppose or object to (A) any adequate protection sought by or granted to any First Lien Secured Party in connection with the use of cash collateral or post-petition financing under
Sections 362, 363 or 364 of the Bankruptcy Code or under any other applicable law or otherwise or (B) any motion or other request made by any First Lien Secured Party seeking relief from or modification of the automatic or other stay as
provided in Section 362 of the Bankruptcy Code or under any other applicable law with respect to the Collateral, (iii) oppose or object to the use of cash collateral by a Grantor unless the Designated First Lien Representative shall have
opposed or objected to such use of cash collateral (provided that, if the First Lien Secured Parties withdraw such opposition or objection, while any First Lien Secured Obligations remain outstanding, the Second Lien Secured Parties will also
withdraw such opposition or objection), (iv) subject to the final sentence of this paragraph, oppose or object to (and will consent, solely in its capacity as a secured creditor, to) any post-petition financing (including any debtor in possession
financing) provided by any of the First Lien Secured Parties or provided by a third party pursuant to Section 364 of the Bankruptcy Code or under any other applicable law or otherwise (including on a priming basis) (a “DIP
Financing”) unless the Designated First Lien Representative shall have opposed or objected to such DIP Financing; provided, however, that notwithstanding the foregoing, the Designated Second Lien Representative and the other Second
Lien Secured Parties may propose post-petition financing (including any debtor in possession financing) so long as (A) the Liens on the Collateral or any other assets of the debtors or the debtors’ estates securing such financing are
junior to both the Liens on the Collateral securing the First Lien Secured Obligations and the Liens on the Collateral or any other assets of the debtors or the debtors’ estates securing any adequate protection sought by or granted to any First
Lien Secured Party in connection with the use of cash collateral or such post-petition financing under Sections 362, 363 or 364 of the Bankruptcy Code or under any other applicable law or otherwise, (B) any and all First Lien Secured
Obligations shall, at the election of the First Lien Secured Parties, be converted into a roll-up post-petition debtor in possession financing facility, senior in all respects to the debtor in possession
financing facility offered by the Second Lien Secured Parties, (C) the First Lien Secured Parties and the Second Lien Secured Parties shall enter into a form of post-petition intercreditor agreement in form and substance acceptable to the
Designated First Lien Representative in its sole discretion, and (D) any use of cash collateral in connection with any such post-petition financing shall be subject to terms and conditions acceptable to the Designated First Lien Representative
in its sole discretion, (v) oppose or object to the determination of the extent of any Liens held by any of the First Lien Secured Parties or the value of any claims of First Lien Secured Parties under Section 506(a) of the Bankruptcy Code
or under any other applicable law or otherwise, (vi) oppose or object to the allowance and payment of interest (including, without limitation, Post-Petition Interest), fees, and expenses as provided under Section 506(b) of the Bankruptcy
Code or under any other applicable law or 

  
 23 

 
otherwise to any First Lien Secured Party, without taking into account the Liens of the Second Lien Secured Parties on the Collateral, provided that the First Lien Secured Parties shall similarly
not oppose or object to the allowance of interest (including, without limitation, Post-Petition Interest), fees, and expenses as provided under Section 506(b) of the Bankruptcy Code or under any other applicable law or otherwise to any Second
Lien Secured Party, after taking into account the Liens of the First Lien Secured Parties on the Collateral, (vii) assert or support any claim against any of the First Lien Secured Parties for costs or expenses of preserving or disposing of any
Collateral under Section 506(c) of the Bankruptcy Code or any similar provision of any other applicable law, (viii) oppose or object (and instead shall be deemed to have consented) to any disposition of any Collateral (including
(x) any credit bid under Section 363(k) of the Bankruptcy Code or under any other applicable law or otherwise and (y) any proposed bidding or related procedures to be utilized in connection with such disposition) free and clear of the
Liens on the Collateral securing the Second Lien Secured Obligations or other claims under Section 363 of the Bankruptcy Code or otherwise (so long as the respective interests of the Second Lien Secured Parties attach to any net proceeds
thereof subject to the relative priorities in this Agreement), if the First Lien Secured Parties, or a representative authorized by the First Lien Secured Parties, shall consent to such disposition; provided, that nothing herein shall be
deemed to impair any rights of the Second Lien Secured Parties to make a credit bid under Section 363(k) or under any other applicable law or otherwise, as long as any such bid provides for the payment in full in cash of the First Lien Secured
Obligations in connection therewith or (ix) propose, vote in favor of, or otherwise directly or indirectly support any plan of reorganization, liquidation, or other dispositive plan that is inconsistent with the priorities or other provisions
of this Agreement, other than with the prior written consent of the Designated First Lien Representative or to the extent any such plan (1) pays the First Lien Secured Obligations in cash in full or (2) is proposed or supported by the
number of First Lien Secured Parties required under Section 1126(c) of the Bankruptcy Code for acceptance of a plan of reorganization. To the extent any Liens granted in favor of the First Lien Secured Parties that are providing, or any third
party provider of, DIP Financing are senior to, or rank pari passu with, the Liens on the Collateral securing the First Lien Secured Obligations or provided as adequate protection therefor, each Second Lien Representative will, for itself and
on behalf of the other Second Lien Secured Parties represented by it, subordinate its Liens on the Collateral securing the Second Lien Secured Obligations to the Liens on the Collateral securing the First Lien Secured Obligations or provided as
adequate protection therefor and such Liens on the Collateral granted to the First Lien Secured Parties providing such DIP Financing, or such third party provider, on the terms of this Agreement and to any
“carve-out” agreed to by the First Lien Representatives or the other First Lien Secured Parties. This Agreement constitutes a “subordination agreement” under Section 510 of the
Bankruptcy Code as well as all other applicable laws. Notwithstanding the foregoing, the provisions of clause (iv) of the first sentence of this Section 4.04 and the second sentence of this
Section 4.04 shall only be applicable as to the Second Lien Secured Parties with respect to any DIP Financing to the extent (A) the aggregate principal amount of the DIP Financing plus, measured after giving
effect to the DIP Financing and any payment of debt with the proceeds of such DIP Financing, the sum of (1) the aggregate outstanding principal amount of the loans outstanding under the First Lien Credit Agreement and (2) the aggregate
face amount of any letters of credit issued (and unreimbursed drawings under letters of credit issued) under the First Lien Credit Agreement, does not exceed (B) $100,000,000 plus, the sum of (1) measured immediately prior to the
commencement of the 

  
 24 

 
Bankruptcy/Liquidation Proceeding, the aggregate outstanding principal amount of the loans outstanding under the First Lien Credit Agreement and the aggregate face amount of any letters of credit
issued (and unreimbursed drawings under letters of credit issued) under the First Lien Credit Agreement and (2) any “carve-out” for professional and United States Trustee fees agreed to by the
First Lien Representative with respect to such DIP Financing. Each Second Lien Representative, for itself and on behalf of each Second Lien Secured Party, agrees that notice received two (2) Business Days prior to the entry of an order
approving any usage of cash or other collateral described in this Section 4.04 or approving any DIP Financing described in this Section 4.04 shall be adequate notice. 

Each Second Lien Representative, for itself and on behalf of the Second Lien Secured Parties represented by it, and each First Lien
Representative, for itself and on behalf of the First Lien Secured Parties represented by it, acknowledges and agrees that: 

(a)    the grants of Liens pursuant to the First Lien Security Documents and the Second Lien Security Documents constitute
two separate and distinct grants of Liens; and 
 (b)    because of, among other things, their differing rights in the
Collateral, the Second Lien Secured Obligations are fundamentally different from the First Lien Secured Obligations and must be separately classified in any plan of reorganization proposed or adopted in an Bankruptcy/Liquidation Proceeding. 

To further effectuate the intent of the parties as provided in the immediately preceding sentence, if it is held that the claims of the First
Lien Secured Parties and the Second Lien Secured Parties in respect of the Collateral constitute only one secured claim (rather than separate classes of senior and junior secured claims), then each of the parties hereto hereby acknowledges and
agrees that all distributions shall be made as if there were separate classes of senior and junior secured claims against the Grantors in respect of the Collateral (with the effect being that, to the extent that the aggregate value of the Collateral
is sufficient (for this purpose ignoring all claims held by the Second Lien Secured Parties), the First Lien Secured Parties shall be entitled to receive, in addition to amounts distributed to them in respect of principal, pre-petition interest and other claims, all amounts owing (or that would be owing if there were such separate classes of senior and junior secured claims) in respect of Post-Petition Interest, including any
additional interest payable pursuant to the First Lien Loan Documents, arising from or related to a default, whether or not any claim therefor is allowed or allowable as a claim in any Bankruptcy/Liquidation Proceeding) before any distribution is
made in respect of the claims held by the Second Lien Secured Parties with respect to the Collateral, with each Second Lien Representative, for itself and on behalf of the Second Lien Secured Parties represented by it, hereby acknowledging and
agreeing to turn over to the Designated First Lien Representative, for itself and on behalf of the First Lien Secured Parties, Collateral or proceeds of Collateral otherwise received or receivable by them to the extent necessary to effectuate the
intent of this sentence, even if such turnover has the effect of reducing the claim or recovery of the Second Lien Secured Parties). 

Section 4.05.    Purchase Right. Without prejudice to the enforcement of the First Lien Secured Parties’
remedies, the First Lien Secured Parties agree that at any time following (a) acceleration of the First Lien Secured Obligations in accordance with the terms of the First 

  
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Lien Loan Documents or (b) the commencement of a Bankruptcy/Liquidation Proceeding under the Bankruptcy Code or any other Federal, state or foreign bankruptcy, insolvency, receivership or
similar law by or against any Grantor (each, a “Purchase Event”), one or more of the Second Lien Secured Parties may request within 30 days after the first date on which a Purchase Event occurs, and the First Lien Secured Parties
hereby offer the Second Lien Secured Parties the option, to purchase all, but not less than all, of the aggregate amount of First Lien Secured Obligations outstanding at the time of purchase at (a) in the case of First Lien Secured Obligations
other than First Lien Secured Obligations arising under Swap Contracts or in connection with undrawn letters of credit, par (including any premium set forth in the First Lien Credit Agreement or other applicable First Lien Loan Document on the date
hereof, interest and fees), and (b) in the case of First Lien Secured Obligations arising under a Swap Contract, an amount equal to the greater of (i) all amounts payable by any Grantor under the terms of such Swap Contract in the event of
a termination of such Swap Contract and (ii) the mark-to-market value of such Swap Contract, as determined by the counterparty to the Grantor thereunder with
respect to such Swap Contract in accordance with the terms thereof and in accordance with customary methods for calculating mark-to-market amounts under similar
arrangements by such counterparty, without warranty or representation or recourse (except for representations and warranties required to be made by assigning lenders pursuant to an Assignment and Assumption). In the case of any First Lien Secured
Obligations in respect of letters of credit (including reimbursement obligations in connection therewith), simultaneous with the purchase of the other First Lien Secured Obligations, the purchasing Second Lien Secured Parties shall provide First
Lien Secured Parties who issued such letters of credit cash collateral in such amounts (not to exceed 103% thereof) as such First Lien Secured Parties determine is reasonably necessary to secure such First Lien Secured Parties in connection with any
outstanding and undrawn letters of credit. If such right is exercised, the parties shall endeavor to close promptly thereafter but in any event within 10 Business Days of the request. If one or more of the Second Lien Secured Parties exercise such
purchase right, it shall be exercised pursuant to documentation mutually acceptable to each of the Designated First Lien Representative and the Designated Second Lien Representative. If none of the Second Lien Secured Parties exercise such right
within 30 days after the first date on which a Purchase Event occurs, the First Lien Secured Parties shall have no further obligations pursuant to this Section 4.05 for such Purchase Event and may take any further actions
in their sole discretion in accordance with the First Lien Security Documents and this Agreement. 

Section 4.06.    Injunctive Relief. Should any Second Lien Secured Party, contrary to this Agreement, in any
way take, attempt to or threaten to take any action with respect to the Collateral (including any attempt to realize upon or enforce any remedy with respect to this Agreement), or fail to take any action required by this Agreement, any First Lien
Representative or any other First Lien Secured Party (in its or their own name or in the name of the Borrower) may obtain relief against such Second Lien Secured Party by injunction, specific performance and/or other appropriate equitable relief, it
being understood and agreed by the Designated Second Lien Representative on behalf of each Second Lien Secured Party that (a) the First Lien Secured Parties’ damages from its actions may by that time be difficult to ascertain any may be
irreparable and (b) each Second Lien Representative on behalf of itself and each Second Lien Secured Party represented by it waives any defense that the First Lien Secured Party cannot demonstrate damage and/or be made whole by the awarding of
damages. 

  
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 Section 4.07.    Rights as Unsecured Creditors. Except as
otherwise set forth in this Agreement, each Second Lien Representative and the Second Lien Secured Parties may exercise rights and remedies as unsecured creditors against any Grantor that is obligated to pay or has guaranteed the Second Lien Secured
Obligations in accordance with the terms of the Second Lien Note Documents and any Requirements of Law; provided that in the event that any Second Lien Secured Party becomes a judgment Lien creditor or other secured creditor, in each case, in
respect of Collateral as a result of its enforcement of its rights as an unsecured creditor with respect to the Second Lien Secured Obligations, such judgment Lien on Collateral shall be subject to the terms of this Agreement for all purposes
(including in relation to the First Lien Secured Obligations) as the other Liens on Collateral securing the Second Lien Secured Obligations are subject to this Agreement. Nothing in this Agreement impairs or otherwise adversely affects any rights or
remedies any First Lien Secured Party may have with respect to the Collateral. 
 ARTICLE 5 

SUB-AGENCY FOR PERFECTION OF
CERTAIN SECURITY INTERESTS 
 Each First Lien Representative acknowledges and agrees that if it
shall at any time hold a Lien on any Second Lien Collateral that can be perfected by the possession or control of such Collateral or, to the extent applicable under any Security Documents, of any account in which such Collateral is held, and if such
Collateral or any such account is in fact in the possession or under the control of such First Lien Representative (such Second Lien Collateral being the “Pledged Collateral”), such First Lien Representative will serve as gratuitous
sub-agent and bailee for each applicable Second Lien Representative for the sole purpose of perfecting the Lien, if any, of such Second Lien Representative in such Pledged Collateral and shall have possession
or control of such Pledged Collateral as agent on behalf of each applicable Second Lien Representative (such bailment being intended, among other things, to satisfy the requirements of
Section 8-301(a)(2), 8-106(d)(3) and 9-313(c) of the Uniform Commercial Code, to the extent applicable). It is agreed that
the obligations of each First Lien Representative and the rights of each Second Lien Representative and the other Second Lien Secured Parties in connection with any such sub-agency arrangement will be in all
respects subject to the provisions of this Agreement. Subject to the terms of this Agreement, until the Discharge of First Lien Secured Obligations has occurred, the First Lien Representatives shall be entitled to deal with the Pledged Collateral in
accordance with the terms of the First Lien Loan Documents as if the Liens of the Second Lien Secured Parties under the Second Lien Security Documents did not exist. The First Lien Representatives will be deemed to make no representation as to the
adequacy of the steps taken by it or any of them to perfect the Lien on any such Pledged Collateral or the genuineness of any Pledged Collateral and shall have no responsibility to the Second Lien Representatives or any other Second Lien Secured
Party for such perfection or genuineness; it being understood that the sole purpose of this Article 5 is to enable the Second Lien Secured Parties to obtain a perfected second priority Lien on such Pledged Collateral to the
extent that such perfection results from the possession or control of such Pledged Collateral or, to the extent applicable under any Security Documents, any such account by the First Lien Representatives. No First Lien Representative shall owe any
fiduciary duty any Second Lien Secured Party and the Second Lien Secured Parties hereby waive and release the First Lien Representatives and First Lien Secured Parties from all claims and liabilities relating to the First Lien Agents’ role

  
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under this Article 5. At such time as the Discharge of First Lien Secured Obligations shall have occurred, the applicable First Lien Representatives shall take all such actions in their
power as shall reasonably be requested by the Designated Second Lien Representative or the Borrower to transfer possession of such Pledged Collateral to the Designated Second Lien Representative or to transfer direct control of such Pledged
Collateral with any necessary endorsements of the First Lien Representatives (such endorsements shall be without recourse and without any representation or warranty) or, to the extent applicable under any Security Documents, any such account to the
Designated Second Lien Representative (if there are then any Second Lien Secured Obligations outstanding); provided that if any such Pledged Collateral or any such account shall be subject to any other Lien senior to the Liens of the
Designated Second Lien Representative on the Collateral, then the First Lien Representatives may instead transfer possession of such Pledged Collateral to the Person or Persons holding such senior Lien or their representative or take such actions in
its power as shall reasonably be requested to transfer direct control of such Pledged Collateral or any such account to the Person or Persons holding such senior Lien or their representative. The Designated Second Lien Representative agrees that if
it shall obtain possession or direct control of any Pledged Collateral or any account pursuant to the foregoing provisions and such Pledged Collateral or account shall thereafter become subject to a Lien securing the First Lien Secured Obligations,
it will take all such actions as shall reasonably be requested by the Designated First Lien Representative to transfer possession of such Pledged Collateral to the Designated First Lien Representative or take such actions in its power as shall
reasonably be requested to transfer direct control of such Pledged Collateral or any such account to the Designated First Lien Representative, all at the cost and expense of the Borrower. 

ARTICLE 6 

EXISTENCE AND AMOUNTS OF LIENS AND
OBLIGATIONS 
 Whenever any Representative shall be required, in connection with the exercise of its rights or the
performance of its obligations hereunder, to determine the existence or amount of any First Lien Secured Obligations or Second Lien Secured Obligations, or the existence of any Lien securing any such obligations, or the Collateral subject to any
such Lien, it may request that such information be furnished to it in writing by the First Lien Representatives or the Second Lien Representatives and shall be entitled to make such determination on the basis of the information so furnished;
provided, however, that if, notwithstanding the request of such Representative, such other Representative shall fail or refuse reasonably promptly to provide the requested information, such first Representative shall be entitled to determine
such existence or amount by such method as it may, in the exercise of its good faith judgment, determine, including by reliance upon a certificate of the Borrower. Each Representative may rely conclusively, and shall be fully protected in so
relying, on any determination made by it in accordance with the provisions of the preceding sentence (or as otherwise directed by a court of competent jurisdiction) and shall have no liability to any Secured Party or any affiliate thereof as a
result of such determination. 
 ARTICLE 7 

REPRESENTATIONS AND WARRANTIES OF EACH REPRESENTATIVE

 Each Representative represents and warrants to the other parties hereto that it has the requisite power and authority to enter into,
execute, deliver, and carry out the terms of this 

  
 28 

 
Agreement on behalf of itself and the applicable First Lien Secured Parties represented by it (in the case of each First Lien Representative) and the applicable Second Lien Secured Parties
represented by it (in the case of each Second Lien Representative). 
 ARTICLE 8 

APPLICATION OF PROCEEDS 

Section 8.01.    Payment Over. With respect to the Collateral and any proceeds thereof, the Second Lien
Representatives and each other Second Lien Secured Party hereby agrees that if it shall obtain possession of any Collateral, or shall realize any proceeds or payment in respect of any such Collateral, whether pursuant to any Second Lien Security
Document, in connection with the taking of any Second Lien Permitted Actions, or by the exercise of any rights available to it (including any right of set-off) under any Requirements of Law or in any
Bankruptcy/Liquidation Proceeding or otherwise, or shall receive any Collateral or proceeds of Collateral, or any payment on account thereof, at any time prior to the Discharge of First Lien Secured Obligations and when such possession or receipt of
proceeds or payment on Collateral is not expressly permitted by the terms of this Agreement, then it shall hold such Collateral, proceeds or payment in trust for the First Lien Secured Parties and forthwith transfer such Collateral, proceeds or
payment, as the case may be, to the Designated First Lien Representative for the benefit of the First Lien Secured Parties in the same form as received, with any necessary endorsements or as a court of competent jurisdiction may otherwise direct.
Each Second Lien Representative on behalf of itself and each Second Lien Secured Party represented by it agrees that if, at any time, all or part of any payment with respect to the First Lien Secured Obligations previously made shall be rescinded
for any reason whatsoever, such Second Lien Secured Party shall promptly pay over to the Designated First Lien Representative any payment (including any payment received under any agreement subordinating any Liens on the First Lien Collateral to the
Liens securing the Second Lien Secured Obligations) received by it in respect of any First Lien Collateral and shall promptly turn any First Lien Collateral then held by it over to the Designated First Lien Representative, and the provisions set
forth in this Agreement shall be reinstated as if such payment had not been made, until the Discharge of the First Lien Secured Obligations. 

Section 8.02.    Application of Proceeds. In furtherance of the foregoing, all Collateral and any proceeds or
payment in respect of any Collateral received in connection with the enforcement of any of its rights or the exercise of any of its remedies with respect to the Collateral (including any right of set-off) and
all insurance or condemnation proceeds not remitted to any Grantor shall be applied by the First Lien Representatives to the First Lien Secured Obligations in such order as specified in the relevant First Lien Loan Documents including, if then in
effect, the First Lien Parity Intercreditor Agreement. Upon the Discharge of First Lien Secured Obligations, the Designated First Lien Representative shall deliver to the Designated Second Lien Representative any proceeds of Collateral held by it in
the same form as received, with any necessary endorsements (such endorsements shall be without recourse and without any representation or warranty) or as a court of competent jurisdiction may otherwise direct to be applied by the Second Lien
Representatives to the Second Lien Secured Obligations in such order as specified in the Second Lien Note Documents including, if then in effect, the Second Lien Parity Intercreditor Agreement. 

  
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 Section 8.03.    Insurance and Condemnation Awards.
Until a Discharge of all First Lien Secured Obligations, the Designated First Lien Representative and the First Lien Secured Parties shall have the sole and exclusive right, subject to the rights of the Grantors under the First Lien Loan
Documents, (a) to be named as additional insured and loss payee under any insurance policies maintained from time to time by any Grantor (it being understood, however, that the Designated Second Lien Representative may be named as a
“junior” additional insured and loss payee on terms satisfactory to the Designated First Lien Representative prior to the Discharge of all First Lien Secured Obligations), (b) to adjust settlement for any insurance policy covering the
Collateral in the event of any loss thereunder and (c) to approve any award granted in any condemnation or similar proceeding affecting the Collateral. Subject to any rights of the Grantors to receive any such insurance proceeds or condemnation
amounts under the First Lien Loan Documents, all such amounts shall be applied as set forth in Section 8.02. 

ARTICLE 9 
 OTHER
AGREEMENTS 
 Section 9.01.    Matters Related to First Lien Loan Documents. Subject
to the restrictions in clause (ii) of this Section 9.01, the First Lien Loan Documents may be amended (including, in the case of this Agreement, in accordance with Section 10.02
hereof), restated, amended and restated, Refinanced, waived, supplemented or otherwise modified in accordance with their terms, and the indebtedness under the First Lien Loan Documents may be Refinanced or increased, in each case, without the
consent of any Second Lien Secured Party; provided, however, that, (i) without the consent of the Designated Second Lien Representative, no First Lien Loan Document may be amended, restated, amended and restated,
Refinanced, waived, supplemented or otherwise modified, or entered into, to the extent such amendment, restatement, amendment and restatement, Refinancing, waiver, supplement or modification, or the terms of such new First Lien Loan Document, would
contravene any provision of this Agreement, it being understood that notwithstanding the provisions of this Section 9.01, the First Lien Loan Documents may be amended, restated, amended and restated, Refinanced, waived,
supplemented or otherwise modified in accordance with their terms in order to effect the making or provision of (w) any “Incremental Commitments” or “Incremental Term Loans” under (and as defined in) the First Lien Credit
Agreement, (x) any Indebtedness incurred in connection with a “Refinancing Amendment” (as defined in the First Lien Credit Agreement), (y) any “Extension” (as defined in the First Lien Credit Agreement) or (z) any
Indebtedness incurred in connection with a “Permitted Repricing Amendment” or constituting a “Replacement Term Loan” (as defined in the First Lien Credit Agreement), in each case without notice to, or the consent of, any Second
Lien Representative or any Second Lien Secured Party and (ii) notice of such amendment, restatement, amendment and restatement, Refinancing, waiver, supplement or other modification shall be given to the Designated Second Lien Representative no
later than 30 days after its effectiveness; provided that the failure to give such notice shall not affect the effectiveness and validity thereof. 

Section 9.02.    Matters Related to Second Lien Note Documents. The Second Lien Note Documents may be amended,
restated, amended and restated, Refinanced, waived, supplemented or otherwise modified in accordance with their terms (including, in the case of this Agreement, in accordance with Section 10.02 hereof), and the indebtedness
under the Second Lien Note Documents may be Refinanced or increased, in each case, without the consent of any First Lien 

  
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Secured Party; provided, however, that, (i) without the prior written consent of the Designated First Lien Representative, no Second Lien Note Document may be amended,
restated, amended and restated, Refinanced, waived, supplemented or otherwise modified, or entered into, to the extent such amendment, restatement, amendment and restatement, Refinancing, waiver, supplement or modification, or the terms of such new
Second Lien Note Document, would (1) contravene the provisions of this Agreement or the requirements of the definition of “Permitted Refinancing” contained in the First Lien Credit Agreement as in effect on the date hereof,
(2) add any scheduled amortization payments in respect of the Second Lien Debt Facilities or change in a manner adverse to the Borrower, the First Lien Agent or any First Lien Secured Party any redemption or prepayment provisions of the Second
Lien Note Documents (it being understood that such payments and deadlines for such payments may be extended, waived and/or capitalized), or (3) change the dates (to earlier dates) for the payment of principal (including the final scheduled
maturity date) under any such Second Lien Note Document (provided that nothing herein shall prohibit any optional prepayments under any Second Lien Note Document to the extent otherwise permitted by the terms of this Agreement and the First Lien
Loan Documents) and (ii) notice of such amendment, restatement, amendment and restatement, waiver supplement, modification or consent shall be given to the Designated First Lien Representative no later than 30 days after its effectiveness;
provided that the failure to give such notice shall not affect the effectiveness and validity thereof. 

Section 9.03.    Matters Related to Amendments of First Lien Security Documents. In the event any First Lien
Representative enters into any amendment, restatement, amendment and restatement, supplement, modification, waiver or consent in respect of any of the First Lien Security Documents for the purpose of adding to, or deleting from, or waiving or
consenting to any departures from any provisions of, any First Lien Security Document or changing in any manner the rights of any parties thereunder, then such amendment, restatement, amendment and restatement, supplement, modification, waiver or
consent shall apply automatically to any comparable provision of the comparable Second Lien Security Document without the consent of or action by any Second Lien Secured Party (with all such amendments, restatements, amendment and restatements,
supplements, modifications, waivers and consents subject to the terms hereof); provided that (other than with respect to amendments, restatements, amendment and restatements, supplements, modifications, waivers or consents that secure
additional extensions of credit and add additional secured creditors and do not violate the express provisions of the Second Lien Note Documents), (i) no such amendment, restatement, amendment and restatement, supplement, modification, waiver
or consent shall have the effect of (A) removing assets subject to the Lien of any Second Lien Security Documents, except to the extent that a release of such Lien is permitted by Section 2.04, (B) imposing additional
duties on the Second Lien Representatives without their consent or (C) permitting other Liens on the Collateral not permitted under the terms of the Second Lien Note Documents or this Agreement, (ii) any such amendment, restatement,
amendment and restatement, supplement, modification, waiver or consent that materially and adversely affects the rights of the Second Lien Secured Parties and does not affect the First Lien Secured Parties in a like or similar manner shall not apply
to the Second Lien Security Documents without the consent of the Designated Second Lien Representative and (iii) notice of such amendment, restatement, amendment and restatement, supplement, modification, waiver or consent shall be given to the
Designated 

  
 31 

 
Second Lien Representative no later than 30 days after its effectiveness; provided that the failure to give such notice shall not affect the effectiveness and validity thereof. 

Section 9.04.    Additional Debt Facilities. To the extent, but only to the extent, permitted by the
provisions of the First Lien Loan Documents and the Second Lien Note Documents, any Grantor may incur or issue and sell one or more series or classes of Additional First Lien Debt and one or more series or classes of Additional Second Lien Debt. Any
such additional class or series of Additional Second Lien Debt (the “Second Lien Class Debt”) may be secured by a Lien on the Second Lien Collateral, in each case under and pursuant to the relevant Second Lien
Security Documents for such Second Lien Class Debt, if and subject to the condition that the Representative of any such Second Lien Class Debt (each, a “Second Lien Class Debt Representative”), acting on
behalf of the holders of such Second Lien Class Debt becomes a party to this Agreement and the Second Lien Parity Intercreditor Agreement by satisfying conditions (i) through (iii), as applicable, of the immediately succeeding paragraph.
Any such additional class or series of Additional First Lien Debt (the “First Lien Class Debt”; and the First Lien Class Debt and Second Lien Class Debt, collectively, the
“Class Debt”) may be secured by a Lien on the First Lien Collateral, in each case under and pursuant to the relevant First Lien Security Documents for such First Lien Class Debt, if and subject to the
condition that the Representative of any such First Lien Class Debt (each, a “First Lien Class Debt Representative”; and the First Lien Class Debt Representatives and Second Lien Class Debt
Representatives, collectively, the “Class Debt Representatives”), acting on behalf of the holders of such First Lien Class Debt, becomes a party to this Agreement and the First Lien Parity Intercreditor
Agreement by satisfying the conditions set forth in clauses (i) through (iii), as applicable, of the immediately succeeding paragraph. Upon the joinder of any Class Debt Representative, all related Secured Obligations shall
also be subject to this Agreement. 
 In order for a Class Debt Representative to become a party to this Agreement: 

(i)    such Class Debt Representative shall have executed and delivered a Joinder Agreement
substantially in the form of Annex II (with such changes as may be reasonably approved by the Designated First Lien Representative and such Class Debt Representative) pursuant to which it becomes a Representative hereunder, and the
Class Debt in respect of which such Class Debt Representative is the Representative and the related Secured Parties for whom the Class Debt Representative is the Representative become subject hereto and bound hereby and (x) such
Class Debt Representative, if a First Lien Representative, shall have become a party to the First Lien Parity Intercreditor Agreement in accordance with the terms and conditions thereof, provided, further, that, if such
Indebtedness will be the initial Additional First Lien Debt incurred by a Grantor after the date hereof, then the Grantors, the First Lien Agent and the Representative for such Indebtedness shall have executed and delivered the First Lien Parity
Intercreditor Agreement or (y) such Class Debt Representative, if a Second Lien Representative, shall have become a party to the Second Lien Parity Intercreditor Agreement in accordance with the terms and conditions thereof
provided, further, that, if such Indebtedness will be the initial Additional Second Lien Debt incurred by a Grantor after the date hereof, then the Grantors, the Second Lien Agent and the Representative for such Indebtedness shall have
executed and delivered the Second Lien Parity Intercreditor Agreement; 

  
 32 

 (ii)    the Borrower shall have delivered to each other
Representative a Designation substantially in the form of Annex III executed by an authorized officer of the Borrower which Designation shall (A) designate Indebtedness as Additional First Lien Debt or Additional Second Lien Debt
hereunder (and if the agreement under which such Indebtedness is to be incurred Refinances the First Lien Credit Agreement or Second Lien Securities Purchase Agreement and is intended to become the Replacement First Lien Credit Agreement or
Replacement Second Lien Securities Purchase Agreement, as applicable, such agreement shall be so designated in such certificate), and (B) certify that the incurrence of such Indebtedness and its designation as such hereunder is permitted by
each First Lien Loan Document and Second Lien Note Document and that the conditions set forth in this Section 9.04 are satisfied with respect to such Class Debt and, true and complete copies of each of the Second Lien
Note Documents or First Lien Loan Documents, as applicable, relating to such Class Debt, certified as being true and correct by an authorized officer of the Borrower; 

(iii)    the Second Lien Note Documents or First Lien Loan Documents, as applicable, relating to such
Class Debt shall provide that each Secured Party with respect to such Class Debt will be subject to and bound by the provisions of this Agreement in its capacity as a holder of such Class Debt; and 

(iv)    upon the execution and delivery of a Joinder Agreement by a Class Debt Representative in
accordance with this Section 8.04, each other Representative shall acknowledge receipt thereof by countersigning a copy thereof, subject to the terms of this Section 9.04 and returning the same to
the new Class Debt Representative; provided that the failure of any Representative to so acknowledge or return the same shall not affect the status of such Indebtedness as First Lien Secured Obligations or Second Lien Secured Obligations
hereunder if the other requirements of this Section 9.04 are complied with. 

Section 9.05.    Obligations Unconditional. All rights, interests, agreements and obligations of the First
Lien Representatives, the First Lien Secured Parties, the Second Lien Representatives and the Second Lien Secured Parties hereunder shall remain in full force and effect irrespective of: 

(a)    any lack of validity or enforceability of any First Lien Loan Document or any Second Lien Note
Document; 
 (b)    any change in the time, manner or place of payment of, or in any other terms of, all
or any of the First Lien Secured Obligations or Second Lien Secured Obligations, or any amendment or waiver or other modification, including any increase in the amount thereof, whether by course of conduct or otherwise, of the terms of the First
Lien Credit Agreement or any other First Lien Loan Document or of the terms of any Second Lien Note Document; 

(c)    any exchange of any security interest in any Collateral or any other collateral or any amendment,
waiver or other modification, whether in writing or by 

  
 33 

 
course of conduct or otherwise, of all or any of the First Lien Secured Obligations or Second Lien Secured Obligations or any guarantee thereof; 

(d)    the commencement of any Bankruptcy/Liquidation Proceeding in respect of any Borrower or any other
Grantor; or 
 (e)    any other circumstances that otherwise might constitute a defense available to, or
a discharge of, (i) any Borrower or any other Grantor in respect of the First Lien Secured Obligations (other than the Discharge of First Lien Credit Agreement Obligations) or (ii) any Second Lien Representative or Second Lien Secured
Party in respect of this Agreement. 
 ARTICLE 10 

MISCELLANEOUS 

Section 10.01.    Notices. 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 or sent by telecopy, as follows: 

(a)    if to the First Lien Agent, to the address referred to in Section 10.02 of the First Lien
Credit Agreement; 
 (b)    if to the Second Lien Agent, to the address referred to in
Section 13.1 of the Second Lien Securities Purchase Agreement; 
 (c)    if to any other
Representative, to the address referred to in the Joinder Agreement executed and delivered by such Representative; and 

(d)    if to the Borrower, to the address referred to in Section 10.02 of the First Lien Credit
Agreement. 
 Any party hereto may change its address or telecopy number for notices and other communications hereunder by notice to the other parties
hereto (and for this purpose a notice to the Borrower shall be deemed to be a notice to each Grantor). All such notices and other communications shall be deemed to be given on the date of receipt if delivered by hand or overnight courier service or
mailed by certified or registered mail, and all such notices and other communications sent by fax 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), in each case delivered, sent or mailed (properly addressed) to such party as provided in this Section 10.01 or in accordance with the latest
unrevoked direction from such party given in accordance with this Section 10.01. As agreed to among the Borrower, the First Lien Agent and the Second Lien Agent from time to time, notices and other communications may also
be delivered by e-mail to the e-mail address of a representative of the applicable person provided from time to time by such person. 

Section 10.02.    Waivers; Amendments. (a) No failure or delay on the part of any party hereto in
exercising any right or power hereunder shall operate as a waiver thereof, nor shall any 

  
 34 

 
single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any other or further exercise thereof or the
exercise of any other right or power. The rights and remedies of the parties hereto are cumulative and are not exclusive of any rights or remedies that they would otherwise have. No waiver of any provision of this Agreement or consent to any
departure by any party therefrom shall in any event be effective unless the same shall be permitted by paragraph (b) of this Section 10.02, and then such waiver or consent shall be effective only in the specific
instance and for the purpose for which given. No notice or demand on any party hereto in any case shall entitle such party to any other or further notice or demand in similar or other circumstances. 

(b)    Neither this Agreement nor any provision hereof may be waived, amended, restated, amended and restated, or modified
except pursuant to an agreement or agreements in writing entered into by each Representative and by the Borrower and each other affected Grantor with respect to which such waiver, consent, amendment, restatement, amendment and restatement supplement
or modification is to apply. 
 Section 10.03.    Parties in Interest. This Agreement shall be
binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, as well as the other First Lien Secured Parties and Second Lien Secured Parties. 

Section 10.04.    Survival of Agreement. All covenants, agreements, representations and warranties made by any
party in this Agreement shall be considered to have been relied upon by the other parties hereto and shall survive the execution and delivery of this Agreement. 

Section 10.05.    Counterparts. This Agreement may be executed in one or more counterparts, each of which
shall be deemed an original, but all of which together shall constitute one and the same instrument. This Agreement constitutes the entire contract among the parties relating to the subject matter hereof and supersedes any and all previous
agreements and understandings, oral or written, relating to the subject matter hereof. This Agreement shall become effective when it shall have been executed by the First Lien Agent and the Second Lien Agent and when the First Lien Agent shall have
received counterparts hereof that, when taken together, bear the signatures of each of the other parties and acknowledgors hereto, and thereafter shall be binding upon and inure to the benefit of the parties hereto and their respective successors
and assigns. Delivery of an executed counterpart of a signature page to this Agreement by facsimile or other electronic transmission shall be as effective as delivery of a manually executed counterpart of this Agreement. 

Section 10.06.    Severability. Any provision of this Agreement held to be invalid, illegal or unenforceable
in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the remaining provisions hereof; and the invalidity of
a particular provision in a particular jurisdiction shall not invalidate such provision in any other jurisdiction. 

Section 10.07.    Governing Law; Jurisdiction; Consent to Service of Process (a) THIS AGREEMENT AND ANY
CLAIMS, CONTROVERSY, DISPUTE OR CAUSE OF ACTION (WHETHER IN CONTRACT OR TORT OR OTHERWISE) BASED UPON OR ARISING 

  
 35 

 
OUT OF THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 

(b)    ANY LEGAL ACTION OR PROCEEDING ARISING UNDER THIS AGREEMENT OR IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL
TO THE DEALINGS OF THE PARTIES HERETO OR ANY OF THEM WITH RESPECT TO THIS AGREEMENT WHETHER NOW EXISTING OR HEREAFTER ARISING, SHALL BE BROUGHT IN THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY (BOROUGH OF MANHATTAN) OR OF THE UNITED
STATES FOR THE SOUTHERN DISTRICT OF SUCH STATE, AND BY EXECUTION AND DELIVERY OF THIS AGREEMENT, EACH PARTY HERETO CONSENTS, FOR ITSELF AND IN RESPECT OF ITS PROPERTY, TO THE EXCLUSIVE JURISDICTION OF THOSE COURTS AND AGREES THAT IT WILL NOT
COMMENCE OR SUPPORT ANY SUCH ACTION OR PROCEEDING IN ANOTHER JURISDICTION. EACH PARTY HERETO IRREVOCABLY WAIVES (TO THE EXTENT PERMITTED BY APPLICABLE LAW) ANY OBJECTION, INCLUDING ANY OBJECTION TO THE LAYING OF VENUE OR BASED ON THE GROUNDS OF
FORUM NON CONVENIENS, WHICH IT MAY NOW OR HEREAFTER HAVE TO THE BRINGING OF ANY ACTION OR PROCEEDING IN SUCH JURISDICTION IN RESPECT OF THIS AGREEMENT. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN ANY ACTION OR PROCEEDING ARISING
OUT OF OR RELATING THIS AGREEMENT IN THE MANNER PROVIDED FOR NOTICES (OTHER THAN FACSIMILE) IN SECTION 10.01. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE
LAW. 
 Section 10.08.    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 THE TRANSACTIONS CONTEMPLATED HEREBY (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 BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 10.08. 

Section 10.09.    Headings. Article and Section headings used herein are for convenience of reference
only, are not part of this Agreement and are not to affect the construction of, or to be taken into consideration in interpreting, this Agreement. 

Section 10.10.    Further Assurances. Each First Lien Representative, on behalf of itself and the applicable
First Lien Secured Parties under the First Lien Loan Documents, and each Second Lien Representative, on behalf of itself and the applicable Second Lien Secured Parties under the Second Lien Note Documents, each agrees that it shall take such further
action and 

  
 36 

 
shall execute and deliver such additional documents and instruments (in recordable form, if requested) as the Designated First Lien Representative or the Designated Second Lien Representative may
reasonably request to effectuate the terms of and the Lien priorities contemplated by this Agreement. 

Section 10.11.    No Third Party Beneficiaries. This Agreement and the rights and benefits hereof shall inure
to the benefit of each of the parties hereto and its respective successors and assigns and shall inure to the benefit of and bind each of the First Lien Secured Parties and the Second Lien Secured Parties. Nothing in this Agreement shall impair, as
between the Borrower, and the other Grantors and the First Lien Representatives and the other First Lien Secured Parties, and as between the Borrower and the other Grantors and the Second Lien Representatives and the other Second Lien Secured
Parties, the obligations of the Borrower and the other Grantors, which are absolute and unconditional, to pay principal, interest, fees and other amounts as provided in the First Lien Loan Documents and the Second Lien Note Documents respectively.
Other than with respect to Sections 2.04 and 4.04 and Articles 9 and 10 of this Agreement, none of the Borrower, any other Grantor or any other creditor thereof shall have any rights hereunder and neither the Borrower nor
any Grantor may rely on the terms hereof. 
 Section 10.12.    Provisions Solely to Define Relative Rights.
The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the First Lien Representatives and the other First Lien Secured Parties on the one hand and the Second Lien Representatives and the other
Second Lien Secured Parties on the other hand. In the event of any conflict between the provisions of this Agreement and the provisions of the First Lien Loan Documents or the Second Lien Note Documents, the provisions of this Agreement shall govern
and control. However, as among the First Lien Secured Parties, their rights and obligations are governed by, and any provisions herein regarding them are therefore subject to, the provisions of the First Lien Parity Intercreditor Agreement and as
among the Second Lien Secured Parties, their rights and obligations are governed by, and any provisions herein regarding them are therefore subject to, the provisions of the Second Lien Parity Intercreditor Agreement. 

Section 10.13.    Subrogation. With respect to the value of any payments or distributions in cash, property or
other assets that any of the Second Lien Representatives or the other Second Lien Secured Parties pays over to any of the First Lien Representatives or the other First Lien Secured Parties under the terms of this Agreement, such Second Lien Secured
Parties and Second Lien Representatives shall be subrogated to the rights of such First Lien Representatives and First Lien Secured Parties; provided that each Second Lien Representative, on behalf of itself and the Second Lien Secured
Parties represented by it, hereby agrees not to assert or enforce all such rights of subrogation it may acquire as a result of any payment hereunder until the Discharge of First Lien Secured Obligations has occurred. The Borrower and the other
Grantors each acknowledges and agrees that the value of any payments or distributions in cash, property or other assets received by any Second Lien Representative or other Second Lien Secured Party that are paid over to any First Lien Representative
or other First Lien Secured Party pursuant to this Agreement shall not reduce any of the Second Lien Secured Obligations. 

  
 37 

 Section 10.14.    Additional Grantors. Each Person that
becomes a Grantor after the date hereof shall become a party to this Agreement upon execution and delivery by such Person of a Joinder Agreement in the form of Exhibit J to the First Lien Credit Agreement. 

Section 10.15.    Additional Intercreditor Agreements. Each party hereto agrees that the First Lien Secured
Parties and/or their Representatives (as among themselves) and the Second Lien Secured Parties and/or their Representatives (as among themselves) may each enter into the First Lien Parity Intercreditor Agreement and the Second Lien Parity
Intercreditor Agreement, as applicable, or other intercreditor arrangements governing the rights, benefits and privileges as among the First Lien Secured Parties or the Second Lien Secured Parties, as the case may be, in respect of the Collateral,
this Agreement and the other First Lien Security Documents or Second Lien Security Documents, as the case may be, including as to application of proceeds of the Collateral, voting rights, control of the Collateral and waivers with respect to the
Collateral, in each case so long as the terms thereof do not violate or conflict with the provisions of this Agreement. 

Section 10.16.    Equity Interests; Payment in Kind. Notwithstanding anything contained herein to the contrary
(including, without limitation, in respect of subordination and turnover provisions), the right of the Second Lien Secured Parties to receive either (i) interest payments in kind or (ii) except in the context of a Bankruptcy/Insolvency
Proceeding in which the First Lien Secured Parties are not receiving payment in full in cash of the First Lien Obligations pursuant to a plan of reorganization, Equity Interests of the Borrower (or any parent entity thereof) shall not be affected by
any of the terms contained herein. 
 [Signature Pages Follow] 

  
 38 

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

					
	 CITIBANK, N.A.,
 as First Lien
Agent

		
	By:	 	 /s/ Michael V. Moore

		 	Name:	 	Michael V. Moore
		 	Title:	 	Vice President

  
 [Intecreditor Agreement
Signature Page] 

 
					
	 CORTLAND CAPITAL MARKET SERVICES LLC,

as Second Lien Agent

		
	By:	 	 /s/ Jonathan Kirschmeier

		 	Name:	 	Jonathan Kirschmeier
		 	Title:	 	Associate Counsel

  
 [Intecreditor Agreement
Signature Page] 

					
	GLOBAL EAGLE ENTERTAINMENT INC., as Borrower
		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer
	
	GLOBAL EAGLE SERVICES, LLC
		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer
	
	AIRLINE MEDIA PRODUCTIONS, INC.
		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer
	
	ENTERTAINMENT IN MOTION, INC.
		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer
	
	GLOBAL EAGLE ENTERTAINMENT OPERATIONS SOLUTIONS, INC.
		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer
	
	EMC INTERMEDIATE, LLC
		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer

  
 [Intecreditor Agreement
Signature Page] 

					
	INFLIGHT PRODUCTIONS USA INC.
		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer
	
	POST MODERN EDIT, INC.
		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer
	
	THE LAB AERO, INC.
		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer
	
	ROW 44, INC.
		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer
	
	 N44HQ, LLC
 By: Row 44, Inc., its
Sole Member

		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer
	
	EMERGING MARKETS COMMUNICATIONS, LLC
		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer

  
 [Intecreditor Agreement
Signature Page] 

					
	EMC ACQUISITION, LLC
		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer
	
	SCISCO PARENT, INC.
		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer
	
	SEAMOBILE INC.
		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer
	
	MARITEL HOLDINGS, INC.
		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer
	
	MARITIME TELECOMMUNICATIONS NETWORK, INC.
		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer
	
	MTN GOVERNMENT SERVICES, INC.
		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer

  
 [Intecreditor Agreement
Signature Page] 

					
	MTN LICENSE CORP.
		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer
	
	EMC-JV HOLDCO LLC
		
	By:	 	 /s/ Paul Rainey

		 	Name:	 	Paul Rainey
		 	Title:	 	Chief Financial Officer

  
 [Intecreditor Agreement
Signature Page] 

 ANNEX I 

Provision for Second Lien Securities Purchase Agreement 

Each Purchaser hereunder and each holder of the Notes (a) acknowledges that it has received a copy of the Intercreditor and Subordination Agreement,
(b) agrees that it will be bound by and will take no actions contrary to the provisions of the Intercreditor and Subordination Agreement, (c) authorizes and instructs the Collateral Agent to enter into the Intercreditor and Subordination
Agreement as Collateral Agent and on behalf of such Purchaser or holder of the Notes, as applicable, and (d) hereby consents to the payment subordination and the subordination of the Liens securing the Note Obligations on the terms set forth in
the Intercreditor and Subordination Agreement. The foregoing provisions are intended as an inducement to the lenders and/or purchasers under the First Lien Loan Documents and the other Second Lien Note Documents to extend credit to the Borrower and
Subsidiary Guarantors and such lenders and/or purchasers are intended third party beneficiaries of such provisions. In the event of any conflict or inconsistency between the provisions of the Intercreditor and Subordination Agreement and this
Agreement, the provisions of the Intercreditor and Subordination Agreement shall control. 
 Provision for Second Lien Security Agreement and other
principal Second Lien Security Documents 
 Notwithstanding anything herein to the contrary, the priority of the Liens and the Security Interest granted
to the Collateral Agent pursuant to this Agreement and the exercise of any right or remedy by the Collateral Agent hereunder are subject in all respects to the provisions of the Intercreditor and Subordination Agreement. In the event of any conflict
between the terms of the Intercreditor and Subordination Agreement and this Agreement with respect to the priority of the Liens and the Security Interest granted to the Collateral Agent pursuant to this Agreement or with respect to the exercise of
any right or remedy by the Collateral Agent hereunder, the terms of the Intercreditor and Subordination Agreement shall govern and control. 

 ANNEX II 

[FORM OF] JOINDER NO. [    ] dated as of [            ],
201[  ] (this “Joinder Agreement”), to the INTERCREDITOR AND SUBORDINATION AGREEMENT dated as of [            ], 2018 (the “Intercreditor
Agreement”), among GLOBAL EAGLE ENTERTAINMENT INC., a Delaware corporation, the other Grantors from time to time party thereto, CITIBANK, N.A., as First Lien Agent, CORTLAND CAPITAL MARKET SERVICES LLC, as Second Lien Agent, and the
additional Representatives from time to time a party thereto. 
 A.    Capitalized terms used herein but not otherwise
defined herein shall have the meanings assigned to such terms in the Intercreditor Agreement. 
 B.    As a condition to
the ability of the Borrower to incur Additional [First/Second] Lien Debt and to secure such [First/Second] Lien Class Debt (and guarantees thereof) with [First/Second] Liens, in each case under and pursuant to the [First/Second] Lien Security
Documents, the [First/Second] Lien Class Debt Representative in respect of such [First/Second] Lien Class Debt is required to become a Representative under, and such [First/Second] Lien Class Debt and the [First/Second] Lien Secured
Parties in respect thereof are required to become subject to and bound by, the Intercreditor Agreement. Section 9.04 of the Intercreditor Agreement provides that such [First/Second] Lien Class Debt Representative may become a
Representative under, and such [First/Second] Lien Class Debt and such [First/Second] Lien Secured Parties may become subject to and bound by, the Intercreditor Agreement, pursuant to the execution and delivery by the [First/Second] Lien
Class Debt Representative of an instrument in the form of this Joinder Agreement and the satisfaction of the other conditions set forth in Section 9.04 of the Intercreditor Agreement. The undersigned [First/Second] Lien Class Debt
Representative (the “New Representative”) is executing this Joinder Agreement in accordance with the requirements of the First Lien Loan Documents and the [First/Second] Lien Loan Documents. 

Accordingly, the New Representative agrees with each other Representative as follows: 

SECTION 1.    In accordance with Section 9.04 of the Intercreditor Agreement, the New Representative by its signature
below becomes a Representative under, and the related [First/Second] Lien Class Debt and related First Lien Secured Obligations and related [First/Second] Lien Secured Parties become subject to and bound by, the Intercreditor Agreement with the
same force and effect as if the New Representative had originally been named therein as a Representative, and the New Representative, on behalf of itself and such [First/Second] Lien Secured Parties, hereby agrees to all the terms and provisions of
the Intercreditor Agreement applicable to it as a [First/Second] Lien Representative and to the [First/Second] Lien Secured Parties that it represents as [First/Second] Lien Secured Parties. Each reference to a “Representative” or
“[First/Second] Lien Representative” in the Intercreditor Agreement shall be deemed to include the New Representative. The Intercreditor Agreement is hereby incorporated herein by reference. 

SECTION 2.    The New Representative represents and warrants to the other Representatives and the other Secured Parties
that (a) it has full power and authority to enter into this Joinder Agreement, in its capacity as [agent] [trustee], (b) this Joinder Agreement has been 

 
duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with the terms of such Joinder Agreement and
(c) the [First/Second] Lien Loan Documents relating to such [First/Second] Lien Class Debt provide that, upon the New Representative’s entry into this Joinder Agreement, the [First/Second] Lien Secured Parties in respect of such
[First/Second] Lien Class Debt will be subject to and bound by the provisions of the Intercreditor Agreement as [First/Second] Lien Secured Parties. 

SECTION 3.    This Joinder Agreement may be executed by one or more of the parties to this Joinder Agreement on any number
of separate counterparts (including by facsimile or other electronic image scan transmission), and all of said counterparts taken together shall be deemed to constitute one and the same instrument. A set of the copies of this Joinder Agreement
signed by all the parties shall be lodged with the Borrower, the Designated First Lien Representative and the Designated Second Lien Representative. Delivery of an executed counterpart of a signature page of this Joinder Agreement by facsimile or in
electronic (i.e., “pdf” or “tif”) format shall be effective as delivery of a manually executed counterpart of this Joinder Agreement. 

SECTION 4.    Except as expressly supplemented hereby, the Intercreditor Agreement shall remain in full force and effect.

 SECTION 5.    THIS JOINDER AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS JOINDER AGREEMENT AND
ANY CLAIMS, CONTROVERSY, DISPUTE OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF OR RELATED TO THIS JOINDER AGREEMENT (INCLUDING, WITHOUT LIMITATION, ANY CLAIMS SOUNDING IN CONTRACT LAW OR TORT LAW ARISING OUT OF THE SUBJECT MATTER HEREOF) SHALL BE
CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK. 
 SECTION 6.    Any provision of this
Joinder Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof or in the
Intercreditor Agreement, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 

SECTION 7.    All communications and notices hereunder shall be in writing and given as provided in Section 10.01 of
the Intercreditor Agreement. All communications and notices hereunder to the New Representative shall be given to it at the address set forth below its signature hereto. 

 IN WITNESS WHEREOF, the New Representative and the First Lien Agent have duly executed this
Joinder Agreement to the Intercreditor Agreement as of the day and year first above written. 
  

			
	 [NAME OF NEW REPRESENTATIVE],
 as
[                    ] for the holders of
[                    ]

		
	By:	 	
                     
                                         
   

		 	Name:
		 	Title:
	
	Address for notices:
	
	  

	
	  

	
	attention of:                                 
                                         
    
	
	Telecopy:                                  
                                         
       
	
	RECEIPT OF THE FOREGOING ACKNOWLEDGED BY:
	
	 [NAME OF OTHER REPRESENTATIVE],
 as
First Lien Representative

		
	By:	 	
                     
                        

		 	Name:
		 	Title:
	
	 [NAME OF OTHER REPRESENTATIVE],
 as
Second Lien Representative

		
	By:	 	
                     
                    

		 	Name:
		 	Title:

 ANNEX III 

[FORM OF] ADDITIONAL DEBT DESIGNATION NO. [    ] (this “Designation”) dated as of
[            ], 20[    ] with respect to the INTERCREDITOR AND SUBORDINATION AGREEMENT dated as of
[            ], 2018 (the “Intercreditor Agreement”), among GLOBAL EAGLE ENTERTAINMENT INC., a Delaware corporation, the other Grantors from time to time party thereto,
CITIBANK, N.A., as First Lien Agent, CORTLAND CAPITAL MARKET SERVICES LLC, as Second Lien Agent, and the additional Representatives from time to time a party thereto. 

Capitalized terms used herein but not otherwise defined herein shall have the meanings assigned to such terms in the Intercreditor Agreement.

 This Designation is being executed and delivered in order to designate additional Indebtedness of the Borrower and the Grantors as
Additional [First/Second] Lien Debt, entitled to the benefit of, and subject to the terms of, the Intercreditor Agreement. 
 The
undersigned, the duly appointed [specify title of Responsible Officer] of the Borrower hereby certifies on behalf of the Borrower that: 

1.    [Insert name of the Borrower or other Grantor] intends to incur Indebtedness (the “Designated
Obligations”) in the initial aggregate principal amount of [                    ] pursuant to the following agreement: [describe
credit/loan agreement indenture or other agreement] (the “Designated Agreement”). 
 2.    The
incurrence of the Designated Obligations is permitted by each applicable First Lien Loan Document and Second Lien Note Document. 

3.    Conform the following as applicable; Pursuant to and for the purposes of Section 9.04 of the
Intercreditor Agreement, (i) the Designated Agreement is hereby designated as [an “Additional First Lien Debt Facility”] [an “Additional Second Lien Debt Facility”] [the “Replacement First Lien Credit Agreement”]
[the “Replacement Second Lien Securities Purchase Agreement”] and (ii) the Designated Obligations are hereby designated as [“Additional First Lien Secured Obligations”] [“Additional Second Lien Secured
Obligations”] [“First Lien Credit Agreement Secured Obligations”] [“Second Lien Securities Purchase Agreement Secured Obligations”]. 

4.    The name and address of the Representative for such Designated Obligations is: 

[Insert name and all capacities; Address] 

 

							
		 	Telephone:	 	  
	  	
				
		 	Fax:	 	  
	  	
				
		 	Email:	 	  
	  	

 IN WITNESS WHEREOF, the Borrower has caused this Designation to be duly executed by the
undersigned Responsible Officer as of the day and year first above written. 
  

			
	GLOBAL EAGLE ENTERTAINMENT INC.
		
	By:	 	
                     
                                        

		 	Name:
		 	Title:

  

			
	Receipt acknowledged by:
	
	[INSERT NAME OF FIRST LIEN REPRESENTATIVE],
		
	By:	 	
                     
                                        

		 	Name:
		 	Title:
	
	[INSERT NAME OF SECOND LIEN REPRESENTATIVE],
		
	By:	 	
                     
                    

		 	Name:
		 	Title:
	
	[OTHERS AS NEEDED]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00281-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00281-of-00352.parquet"}]]