Document:

EX-10.1

 Exhibit 10.1 

Execution Version 

PURCHASE AGREEMENT 

February 3, 2021 
 WELLS
FARGO SECURITIES, LLC 
 BOFA SECURITIES, INC. 

As Representatives of the Initial Purchasers 

c/o Wells Fargo Securities, LLC 
 550 South Tryon Street, 5th
Floor 
 Charlotte, North Carolina 28202 
 c/o BofA Securities,
Inc. 
 One Bryant Park 
 New York, New York 10036 

Ladies and Gentlemen: 
 Introductory.
Silgan Holdings Inc., a Delaware corporation (the “Company”), proposes to issue and sell to Wells Fargo Securities, LLC (“Wells Fargo Securities”) and BofA Securities, Inc. (“BofA Securities”) and
the other several Initial Purchasers named in Schedule A (the “Initial Purchasers”), acting severally and not jointly, the respective amounts set forth in such Schedule A of $500 million aggregate principal amount of the
Company’s 1.400% Senior Secured Notes due 2026 (the “Notes”). Wells Fargo Securities and BofA Securities have agreed to act as the representatives of the several Initial Purchasers (the “Representatives”) in
connection with the offering and sale of the Securities (as defined below). 
 The Securities will be issued pursuant to an indenture, to be
dated as of February 10, 2021 (the “Indenture”), among the Company, the Guarantors (as defined below) and Wells Fargo Bank, National Association, as trustee (in such capacity, the “Trustee”) and collateral
agent (in such capacity, the “Collateral Agent”). The Securities will be issued only in book-entry form in the name of Cede & Co., as nominee of The Depository Trust Company (“DTC”), pursuant to a letter of
representations, to be dated on or before the Closing Date (as defined in Section 2 hereof) (the “DTC Agreement”) between the Company and DTC. 

The payment of principal of, premium, if any, and interest on the Notes will be fully and unconditionally guaranteed on a senior secured
basis, jointly and severally by (i) each of the Company’s existing wholly-owned U.S. subsidiaries that guarantees the obligations of the Company and the other borrowers under the amended and restated Credit Agreement, dated as of
March 24, 2017, as amended (the “Credit Agreement”), by and among the Company, Silgan Containers LLC, Silgan Plastics LLC, Silgan Containers Manufacturing Corporation, Silgan Plastics Canada Inc., Silgan International Holdings
B.V. and such other borrowers party thereto, Wells Fargo Bank, National Association, as Administrative Agent, Bank of America, N.A., Goldman Sachs Bank USA, HSBC Bank USA, National Association, Mizuho Bank, Ltd. and Coöperatieve Rabobank U.A.,
New York Branch, as Co-Syndication Agents, JP Morgan Chase Bank, N.A., Sumitomo Mitsui Banking Corporation, MUFG Bank, Ltd., TD Bank, N.A. and CoBank, ACB, as Co-Documentation Agents, and Wells Fargo
Securities, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Goldman Sachs Bank USA, HSBC Bank USA, National Association, Mizuho Bank, Ltd. and Coöperatieve Rabobank U.A., New York Branch, as Joint Lead Arrangers and Joint
Bookrunners, and the various lenders party thereto, which subsidiaries, as of the Closing Date, are set forth on Schedule C hereto and (ii) any U.S. subsidiary of the Company formed or acquired after the Closing Date that executes an additional
guarantee in accordance with the terms of the Indenture (the subsidiaries of the Company described clauses (i) and (ii), collectively, the “Guarantors”), pursuant to their guarantees (the “Guarantees”). The
Notes and the Guarantees attached thereto are herein collectively referred to as the “Securities”. 

 The Notes will be secured on a first priority basis, subject to Permitted Liens (as defined
in the Indenture), by liens on the assets (the “Collateral”) of the Company and the Guarantors that have been pledged on a first priority basis as collateral securing the Credit Agreement as more particularly described in the
Pricing Disclosure Package and documented by a pledge agreement to be dated as of the Closing Date (the “Pledge Agreement”), and other instruments evidencing or creating a security interest (collectively, with the Intercreditor
Agreement referred to below, the “Security Documents”) in favor of the Collateral Agent, for its benefit and the benefit of the Trustee and the holders of the Notes. 

The liens on the Collateral securing the Securities will be subject to an Intercreditor Agreement, to be dated as of the Closing Date (the
“Intercreditor Agreement”), by and between the Collateral Agent and Wells Fargo Bank, National Association, as administrative agent and collateral agent under the Credit Agreement, and acknowledged by the Company and the Guarantors.

 This Purchase Agreement (this “Agreement”), the DTC Agreement, the Securities, the Security Documents and the Indenture
are referred to herein as the “Transaction Documents.”  
 The Company
understands that the Initial Purchasers propose to make an offering of the Securities on the terms and in the manner set forth herein and in the Pricing Disclosure Package (as defined below) and agrees that the Initial Purchasers may resell, subject
to the conditions set forth herein, all or a portion of the Securities to purchasers (the “Subsequent Purchasers”) on the terms set forth in the Pricing Disclosure Package (the first time when sales of the Securities are made is
referred to as the “Time of Sale”). The Securities are to be offered and sold to or through the Initial Purchasers without being registered with the Securities and Exchange Commission (the “Commission”) under the
Securities Act of 1933 (as amended, the “Securities Act,” which term, as used herein, includes the rules and regulations of the Commission promulgated thereunder), in reliance upon exemptions therefrom. Pursuant to the terms of the
Securities and the Indenture, investors who acquire Securities shall be deemed to have agreed that Securities may only be resold or otherwise transferred, after the date hereof, if such Securities are registered for sale under the Securities Act or
if an exemption from the registration requirements of the Securities Act is available (including the exemptions afforded by Rule 144A under the Securities Act (“Rule 144A”) or Regulation S under the Securities Act
(“Regulation S”)). 
 The Company has prepared and delivered to each Initial Purchaser copies of a Preliminary Offering
Memorandum, dated February 3, 2021 (the “Preliminary Offering Memorandum”), and has prepared and delivered to each Initial Purchaser copies of a Pricing Supplement, dated February 3, 2021 (the “Pricing
Supplement”), attached as Schedule B hereto, describing the terms of the Securities, each for use by such Initial Purchaser in connection with its solicitation of offers to purchase the Securities. The Preliminary Offering Memorandum and
the Pricing Supplement are herein referred to collectively as the “Pricing Disclosure Package.” Promptly after this Agreement is executed and delivered, the Company will prepare and deliver to each Initial Purchaser a final offering
memorandum dated the date hereof (the “Final Offering Memorandum”). 
 All references herein to the terms “Pricing
Disclosure Package” and “Final Offering Memorandum” shall be deemed to mean and include all information filed under the Securities Exchange Act of 1934 (as amended, the “Exchange Act,” which term, as used herein,
includes the rules and regulations of the Commission promulgated thereunder) prior to the Time of Sale and incorporated by reference in the Pricing Disclosure Package (including the Preliminary Offering Memorandum) or the Final Offering Memorandum
(as the case may be), and all references herein to the terms “amend,” “amendment” or “supplement” with respect to the Final Offering Memorandum shall be deemed to mean and include all information
filed under the Exchange Act after the Time of Sale and incorporated by reference in the Final Offering Memorandum. 
 The Company hereby
confirms its agreements with the Initial Purchasers as follows: 

  
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 SECTION 1.    Representations and Warranties. Each of the
Company and the Guarantors, jointly and severally, hereby represents, warrants and covenants to each Initial Purchaser that, as of the date hereof and as of the Closing Date (references in this Section 1 to the “Offering
Memorandum” are to (x) the Pricing Disclosure Package in the case of representations and warranties made as of the date hereof and (y) the Final Offering Memorandum in the case of representations and warranties made as of the
Closing Date): 
 (a)    No Registration Required. Subject to compliance by the
Initial Purchasers with the representations and warranties set forth in Section 2 hereof and with the procedures set forth in Section 7 hereof, it is not necessary in connection with the offer, sale and delivery of the Securities to the
Initial Purchasers and the initial resale by the Initial Purchasers of the Securities to each Subsequent Purchaser in the manner contemplated by this Agreement and the Offering Memorandum to register the Securities under the Securities Act or to
qualify the Indenture under the Trust Indenture Act of 1939 (the “Trust Indenture Act,” which term, as used herein, includes the rules and regulations of the Commission promulgated thereunder). 

(b)    No Integration of Offerings or General Solicitation. None of the Company, or,
to the knowledge of the Company and the Guarantors, its affiliates (as such term is defined in Rule 501 under the Securities Act) (each, an “Affiliate”), or any person acting on its or any of their behalf (other than the Initial
Purchasers, as to which the Company and the Guarantors make no representation or warranty) has, directly or indirectly, solicited any offer to buy or offered to sell, or will, directly or indirectly, solicit any offer to buy or offer to sell, in the
United States or to any United States citizen or resident, any security which is or would be integrated with the sale of the Securities in a manner that would require the Securities to be registered under the Securities Act. None of the Company, its
Affiliates, or any person acting on its or any of their behalf (other than the Initial Purchasers, as to which the Company and the Guarantors make no representation or warranty) has engaged or will engage, in connection with the offering of the
Securities, in any form of general solicitation or general advertising within the meaning of Rule 502 under the Securities Act or in any manner involving a public offering within the meaning of Section 4(a)(2) of the Securities Act. With
respect to those Securities sold in reliance upon Regulation S, (i) none of the Company, its Affiliates or any person acting on its or their behalf (other than the Initial Purchasers, as to whom the Company and the Guarantors make no
representation or warranty) has engaged or will engage in any directed selling efforts within the meaning of Regulation S and (ii) each of the Company and its Affiliates and any person acting on its or their behalf (other than the Initial
Purchasers, as to whom the Company and the Guarantors make no representation or warranty) has complied and will comply with the offering restrictions set forth in Regulation S. 

(c)    Eligibility for Resale under Rule 144A. The Securities are eligible for resale
pursuant to Rule 144A and will not be, at the Closing Date, of the same class as securities listed on a national securities exchange registered under Section 6 of the Exchange Act or quoted in a U.S. automated interdealer quotation system. 

(d)    The Pricing Disclosure Package and Offering Memorandum. Neither the Pricing
Disclosure Package, as of the Time of Sale, nor the Final Offering Memorandum, as of its date or (as amended or supplemented in accordance with Section 3(a), as applicable) as of the Closing Date, contains an untrue statement of a material fact
or omits to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided that this representation, warranty and agreement shall not apply to
statements in or omissions from the Pricing Disclosure Package, the Final Offering Memorandum or any amendment or supplement thereto made in reliance upon and in conformity with information furnished to the Company in writing by any Initial
Purchaser through the Representatives expressly for use in the Pricing Disclosure Package, the Final Offering Memorandum or any amendment or 

  
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supplement thereto, as the case may be. The Company and the Guarantors have not distributed and will not distribute, prior to the later of the Closing Date and the completion of the Initial
Purchasers’ distribution of the Securities, any offering material in connection with the offering and sale of the Securities other than the Pricing Disclosure Package and the Final Offering Memorandum. 

(e)    Company Additional Written Communications. Neither the Company, the Guarantors nor any
of their agents and representatives (other than the Initial Purchasers in their capacity as such) has prepared, made, used, authorized, approved or distributed and will not prepare, make, use, authorize, approve or distribute any written
communication that constitutes an offer to sell or solicitation of an offer to buy the Securities other than (i) the Pricing Disclosure Package, (ii) the Final Offering Memorandum and (iii) any electronic road show or other written
communications, in each case used in accordance with Section 3(a). Each such communication by the Company and the Guarantors or their agents and representatives pursuant to clause (iii) of the preceding sentence (each, a “Company
Additional Written Communication”), when taken together with the Pricing Disclosure Package, did not as of the Time of Sale, and at the Closing Date will not, contain any untrue statement of a material fact or omit to state a material fact
necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided that this representation, warranty and agreement shall not apply to statements in or omissions from each such
Company Additional Written Communication made in reliance upon and in conformity with information furnished to the Company in writing by any Initial Purchaser through the Representatives expressly for use in any Company Additional Written
Communication. 
 (f)    Incorporated Documents. The documents incorporated or
deemed to be incorporated by reference in the Offering Memorandum at the time they were or hereafter are filed with the Commission (collectively, the “Incorporated Documents”) complied and will comply in all material respects with
the requirements of the Exchange Act. 
 (g)    The Purchase Agreement. This
Agreement has been duly authorized, executed and delivered by the Company and the Guarantors. 

(h)    The DTC Agreement. The DTC Agreement has been duly authorized by and, on
the Closing Date, will have been duly executed and delivered by, and will constitute a valid and binding agreement of, the Company, enforceable against the Company in accordance with its terms, except as the enforcement thereof may be limited by
bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the rights and remedies of creditors or by general equitable principles (the “Enforceability Exceptions”). 

(i)    Authorization of the Notes and the Guarantees. The Notes to be purchased by the
Initial Purchasers from the Company will on the Closing Date be in the form contemplated by the Indenture, have been duly authorized by the Company for issuance and sale pursuant to this Agreement and the Indenture and, at the Closing Date, will
have been duly executed by the Company and, when authenticated in the manner provided for in the Indenture and delivered against payment of the aggregate purchase price therefor, will constitute valid and binding obligations of the Company,
enforceable against the Company in accordance with their terms, except as the enforcement thereof may be limited by the Enforceability Exceptions and will be entitled to the benefits of the Indenture. The Guarantees of the Notes on the Closing Date
will be in the forms contemplated by the Indenture and have been duly authorized by the Guarantors for issuance pursuant to this Agreement and the Indenture; the Guarantees of the Notes, at the Closing Date, will have been duly executed by each of
the Guarantors and, when the Notes have been authenticated in the manner provided for in the Indenture and issued and delivered against payment of the purchase price therefor, the Guarantees of the Notes will constitute valid and binding agreements
of the Guarantors, enforceable against 

  
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the Guarantors in accordance with their terms, except as the enforcement thereof may be limited by the Enforceability Exceptions and will be entitled to the benefits of the Indenture. 

(j)    Authorization of the Indenture. The Indenture has been duly authorized by the
Company and the Guarantors and, at the Closing Date, will have been duly executed and delivered by the Company and the Guarantors and will constitute a valid and binding agreement of the Company and the Guarantors, enforceable against the Company
and the Guarantors in accordance with its terms, except as the enforcement thereof may be limited by the Enforceability Exceptions. 

(k)    Authorization of the Intercreditor Agreement. The Intercreditor Agreement has been
duly authorized by the Company and each Guarantor and, at the Closing Date, will have been duly executed and delivered by the Company and each Guarantor and will constitute a valid and binding agreement of the Company and each Guarantor, enforceable
against the Company and each Guarantor in accordance with its terms, except as the enforcement thereof may be limited by the Enforceability Exceptions. 

(l)    Security Documents. Each of the Security Documents has been duly authorized by the
Company and/or the applicable Guarantor, as appropriate, and, when executed and delivered by the Company and/or the applicable Guarantor, will constitute a legal and binding agreement of the Company and/or the applicable Guarantor in accordance with
its terms, except as the enforcement thereof may be limited by the Enforceability Exceptions. The Security Documents, when executed and delivered in connection with the sale of the Securities, will create in favor of the Collateral Agent for the
benefit of itself, the Trustee and the holders of the Notes, valid and enforceable security interests in and liens on the Collateral and, upon the filing of appropriate Uniform Commercial Code financing statements in United States jurisdictions and
the taking of the other actions, in each case as further described in the Security Documents, the security interests in and liens on the rights of the Company or the applicable Guarantor in such Collateral will be perfected security interests and
liens, superior to and prior to the liens of all third persons other than the liens securing the Credit Agreement and Permitted Liens. 

(m)    Description of the Transaction Documents. This Agreement, the Indenture, the
Security Documents and the Securities will conform in all material respects to the respective descriptions thereof contained in the Offering Memorandum. 

(n)    No Material Adverse Change. Since the filing date of the Company’s
Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2020, other than as disclosed under the heading “Summary —Recent Developments” in the Offering Memorandum, there has
not been any material adverse change or any development involving a prospective material adverse change in or affecting the earnings, business, properties, assets, operations, or condition (financial or otherwise) of the Company and its
subsidiaries, taken as a whole, whether or not occurring in the ordinary course of business (any such change is called a “Material Adverse Change”). The Company and the Guarantors have no material contingent obligations which are
not disclosed in the Company’s financial statements which are included or incorporated by reference in the Offering Memorandum or under the heading “Summary —Recent Developments” in the Offering Memorandum. 

(o)    Independent Accountants. Ernst & Young LLP, which expressed its
opinion with respect to the financial statements (which term as used in this Agreement includes the related notes thereto) filed with the Commission and included or incorporated by reference in the Offering Memorandum is an independent registered
public accounting firm with respect to the Company within the meaning of the Securities Act, the Exchange Act and the rules of the Public Company Accounting Oversight Board. 

  
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 (p)    Preparation of the Financial
Statements. The consolidated financial statements of the Company and its subsidiaries, together with the related schedules and notes, as set forth or incorporated by reference in the Offering Memorandum present fairly in all material
respects the consolidated financial position of and the results of operations and cash flows of the Company and its subsidiaries, at the indicated dates and for the indicated periods. Such financial statements have been prepared in conformity with
accounting principles generally accepted in the United States (“GAAP”), consistently applied throughout the periods involved, except as disclosed therein, and all adjustments necessary for a fair presentation in all material
respects of results for such periods have been made. The summary financial data included in the Offering Memorandum under the caption “Summary–Summary Financial and Other Information” fairly present the information set forth therein
on a basis consistent with that of the audited financial statements contained or incorporated by reference in the Offering Memorandum. The statistical and market-related data included or incorporated by
reference in the Offering Memorandum are based on or derived from sources that the Company believes to be reliable and accurate in all material respects and represent their good faith estimates that are made on the basis of data derived from such
sources. The interactive data in eXtensible Business Reporting Language included or incorporated by reference in the Offering Memorandum and the Pricing Disclosure Package fairly present the information called for in all material respects and have
been prepared in all material respects in accordance with the Commission’s rules and guidelines applicable thereto. 

(q)    Incorporation and Good Standing of the Company and the Guarantors. The
Company has been duly incorporated and is validly existing as a corporation in good standing under the laws of the State of Delaware, with corporate power and authority to own or lease its properties and conduct its business as described in the
Offering Memorandum. Each of the Guarantors has been duly organized and is validly existing as a corporation or limited liability company in good standing under the laws of the jurisdiction of its organization, with corporate or limited liability
company power and authority to own or lease its properties and conduct its business as described in the Offering Memorandum. The Company is duly qualified to transact business and is in good standing in all jurisdictions in which the conduct of its
business or ownership or leasing of property requires such qualification except as would not be reasonably be expected to result in a Material Adverse Change. The outstanding shares of capital stock or membership interests of each of the Guarantors
have been duly authorized and validly issued and are fully paid and non-assessable. The outstanding shares of capital stock or membership interests of each of the Guarantors are owned by the Company or another
Guarantor free and clear of all liens, encumbrances and equities and claims, other than: (a) the pledges of such capital stock or membership interests existing on the date hereof made in connection with (A) the Credit Agreement, and
(B) the US Pledge Agreement (as defined in the Credit Agreement) and (b) any such liens, encumbrances and equities and claims described in the Offering Memorandum or that would not reasonably be expected to result in a Material Adverse
Change. 
 (r)    Non-Contravention of Existing
Instruments; No Further Authorizations or Approvals Required. Neither the Company nor any of the Guarantors is, or with the giving of notice or lapse of time or both, will be, in violation of or in default under (i) its Certificate
of Incorporation or By-Laws, (ii) any agreement, lease, contract, indenture or other instrument or obligation to which it is a party or by which it, or any of its properties, is bound and, solely with
respect to this clause (ii), which violation or default would reasonably be expected to result in a Material Adverse Change. The execution and delivery by the Company and the Guarantors of, and the performance by the Company and the Guarantors of
their obligations under, this Agreement, the Indenture and the Securities will not contravene any provision of applicable law or the Amended and Restated Certificate of Incorporation, as amended, or the Amended and Restated By-Laws of the Company, as amended, or any agreement or other instrument binding upon the Company or any of the subsidiaries that is material to the Company and its subsidiaries, taken as a whole, or any judgment,
order or decree of 

  
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any governmental body, agency or court having jurisdiction over the Company or any subsidiary, and no consent, approval, authorization or order of, or qualification with, any governmental body or
agency is required for the performance by the Company of its obligations under this Agreement, the Indenture or the Securities, except (1) such as may have been obtained, (2) as may be required by applicable federal or state securities
laws, (3) for qualification of the Indenture under the Trust Indenture Act and (4) to the extent that failure to obtain any such consent, approval, authorization, order or qualification would not have a material adverse effect on the
ability of the Company to perform its obligations under this Agreement, the Indenture or the Securities. 

(s)    No Material Actions or Proceedings. Other than as described in the Offering
Memorandum (including the documents incorporated by reference therein), there is no action, suit, claim or proceeding pending or, to the knowledge of the Company or any of the Guarantors, threatened against the Company or any of the Guarantors or
any of their properties by or before any court or governmental agency, authority or body or any arbitrator which would reasonably be expected to result in a Material Adverse Change or prevent the Company or any of the Guarantors from performing
their obligations under this Agreement, the Indenture or the Securities or the consummation of the transactions contemplated by the Offering Memorandum. 

(t)    All Necessary Permits, etc. The Company and each of the Guarantors hold
all material licenses, certificates and permits from governmental authorities which are necessary to the conduct of their businesses, except where the failure to hold any such license, certificate or permit would not result in a Material Adverse
Change. 
 (u)    Company Not an “Investment
Company”. Neither the Company nor any Guarantor is, and after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Offering Memorandum none of the Company or
the Guarantors will be, required to register as an “investment company” as such term is defined in the Investment Company Act of 1940, as amended. 

(v)    No Price Stabilization or Manipulation. None of the Company or any of the
Guarantors has taken or will take, directly or indirectly, any action designed to or that might be reasonably expected to cause or result in stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale
of the Securities. 
 (w)    Compliance with Sarbanes-Oxley. The Company and, to the
Company’s knowledge, its officers and directors, in their capacities as such, are in compliance in all material respects with the applicable provisions of the Sarbanes-Oxley Act of 2002 (the “Sarbanes-Oxley Act,” which term, as
used herein, includes the rules and regulations of the Commission promulgated thereunder). 

(x)    Company’s Accounting System. The Company maintains a system of
internal accounting controls sufficient to provide reasonable assurances that: (i) transactions are executed in accordance with management’s general or specific authorization; (ii) transactions are recorded as necessary to permit
preparation of financial statements in conformity with accounting principles generally accepted in the U.S.; and (iii) the recorded accountability for assets is compared with existing assets at reasonable intervals and appropriate action is
taken with respect to any differences. 
 (y)    Disclosure Controls and Procedures. The
Company maintains an effective system of disclosure controls and procedures (as such term is defined in Rule 13a-15(e) under the Exchange Act) that has been designed by, or under the supervision of, management
to ensure that information required to be disclosed by the Company in reports that it files or submits under the Exchange Act is 

  
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recorded, processed, summarized and reported within the time periods specified in the Commission’s rules and forms. The Company has carried out an evaluation, with the participation of
management, of the effectiveness of such disclosure controls and procedures as of the end of the period covered by the Company’s most recent Annual Report on Form 10-K filed with the Commission. 

(z)    Regulations T, U, X. Neither the Company nor any Guarantor nor any agent thereof
acting on their behalf has taken, and none of them will take, any action that might cause this Agreement or the issuance or sale of the Securities to violate Regulation T, Regulation U or Regulation X of the Board of Governors of the Federal Reserve
System. 
 (aa)    Compliance with and Liability Under Environmental Laws. Except as
disclosed in the Offering Memorandum (including the documents incorporated by reference therein), the Company and the Guarantors (1) are in compliance with any and all applicable foreign, federal, state and local laws and regulations relating
to the protection of human health and safety, the environment or hazardous or toxic substances or wastes, pollutants or contaminants (“Environmental Laws”), (2) have received all permits, licenses or other approvals required of them
under applicable Environmental Laws to conduct their respective businesses, and (3) are in compliance with all terms and conditions of any such permit, license or approval, except where such noncompliance with Environmental Laws, failure to
receive required permits, licenses or other approvals or failure to comply with the terms and conditions of such permits, licenses or approvals would not, singly or in the aggregate, reasonably be expected to result in a Material Adverse Change.

 (bb)    Costs of Environmental Compliance. There are no costs or liabilities
associated with Environmental Laws (including, without limitation, any capital or operating expenditures required for clean-up, closure of properties or compliance with Environmental Laws or any permit,
license or approval, any related constraints on operating activities and any potential liabilities to third parties) which could, singly or in the aggregate, reasonably be expected to result in a Material Adverse Change. 

(cc)    No Unlawful Contributions or Other Payments. Neither the Company, the Guarantors nor
any of their respective subsidiaries nor, to the knowledge of the Company and the Guarantors, any director, officer, agent, employee or affiliate of the Company, the Guarantors or any of their respective subsidiaries is aware of or has taken any
action, directly or indirectly, that would result in a violation by such persons of the FCPA, any applicable law or regulation implementing the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions,
the U.K. Bribery Act of 2010 (the “Bribery Act”), or any other applicable anti-bribery or anti-corruption law, which could, singly or in the aggregate, reasonably be expected to result in a Material Adverse Change, including, without
limitation, making use of the mails or any means or instrumentality of interstate commerce corruptly in furtherance of an offer, payment, promise to pay or authorization of the payment of any money, or other property, gift, promise to give, or
authorization of the giving of anything of value to any “foreign official” (as such term is defined in the FCPA or other applicable anti-bribery or anti-corruption law) or any foreign political party or official thereof or any candidate
for foreign political office, in contravention of the FCPA or other applicable anti-bribery or anti-corruption law, and the Company, the Guarantors and their respective subsidiaries have instituted and maintain policies and procedures designed to
ensure, and which are reasonably expected to continue to ensure, continued compliance therewith. 
 “FCPA”
means Foreign Corrupt Practices Act of 1977, as amended, and the rules and regulations thereunder. 

  
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 (dd)    No Conflict with Money Laundering
Laws. The operations of the Company, the Guarantors and their respective subsidiaries are and have been conducted at all times in compliance in all material respects with applicable financial recordkeeping and reporting requirements of the
Currency and Foreign Transactions Reporting Act of 1970, as amended, the money laundering statutes of all applicable jurisdictions, the rules and regulations thereunder and any related or similar rules, regulations or guidelines issued, administered
or enforced by any governmental agency (collectively, the “Money Laundering Laws”) and no action, suit or proceeding by or before any court or governmental agency, authority or body or any arbitrator involving the Company, the
Guarantors or any of their respective subsidiaries with respect to the Money Laundering Laws is pending or, to the best knowledge of the Company and the Guarantors, threatened. 

(ee)    No Conflict with Sanctions Laws. Neither the Company, the Guarantors nor any of their
respective subsidiaries nor, to the knowledge of the Company and the Guarantors, any director, officer, agent, employee or affiliate of the Company, the Guarantors or any of their respective subsidiaries is currently the subject of any U.S.
sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department, the U.S. Department of Commerce, the U.S. Department of State, the United Nations Security Council, the European Union, or Her Majesty’s Treasury,
or other relevant sanctions authority with jurisdiction over the Company (collectively, “Sanctions”), nor is the Company, the Guarantors or any of their respective subsidiaries located, organized or resident in a country or
territory that is the subject of Sanctions (currently, the Crimea region of Ukraine, Cuba, Iran, North Korea, and Syria). The Company will not, directly or indirectly, use the proceeds of the offering, or lend, contribute or otherwise make available
such proceeds to any subsidiary, joint venture partner or other person, (i) to fund any activities of or business with any person, or in any country or territory, that, at the time of such funding, is the subject of Sanctions, or (ii) in
any other manner that will result in a violation by any person (including any person participating in the offering, whether as initial purchaser, advisor, investor or otherwise) of Sanctions. 

(ff)    Cybersecurity. (A) To the knowledge of the Company and the Guarantors, there has
been no security breach, or unauthorized access or other compromise of or relating to any of the Company’s, the Guarantors’ and their respective subsidiaries’ information technology and computer systems, networks, hardware, software,
data and databases (including the data and information of their respective customers, employees, suppliers, vendors and any third party data maintained, processed or stored by the Company, the Guarantors and their respective subsidiaries, and any
such data processed or stored by third parties on behalf of the Company, the Guarantors and their respective subsidiaries), equipment or technology (collectively, “IT Systems and Data”); (B) neither the Company, the Guarantors, nor
any of their respective subsidiaries has received any written notice nor has any knowledge of any event or condition that could reasonably be expected to result in, any security breach, or unauthorized access or other compromise to their IT Systems
and Data; and (C) the Company, the Guarantors and their respective subsidiaries are presently in compliance with all applicable laws or statutes and all judgments, orders, rules and regulations of any court or arbitrator or governmental or
regulatory authority relating to the privacy and security of IT Systems and Data and to the protection of such IT Systems and Data from unauthorized use, access, misappropriation or modification except as would not, in the case of clauses (A), (B)
and (C) above, individually or in the aggregate, be reasonably likely to result in a Material Adverse Change. 

(gg)    Regulation S. The Company, the Guarantors and their respective affiliates and all
persons acting on their behalf (other than the Initial Purchasers, as to whom the Company and the Guarantors make no representation), have complied with and will comply with the offering restrictions requirements of Regulation S in connection
with the offering of the Securities outside the United States, and in connection therewith, the Offering Memorandum will contain the disclosure required by Rule 902. The Company is a “reporting issuer,” as defined in Rule 902
under the 

  
 9 

 
Securities Act. The Securities sold in reliance on Regulation S will be represented upon issuance by a temporary global security that may not be exchanged for definitive securities until the
expiration of the 40-day restricted period referred to in Rule 903 of the Securities Act and only upon certification of beneficial ownership of such Securities by
non-U.S. persons or U.S. persons who purchased such Securities in transactions that were exempt from the registration requirements of the Securities Act. 

(hh)    Taxes. Each of the Company, the Guarantors and their respective subsidiaries have
paid all material national, regional, local and other taxes and have filed all material tax returns required to be paid or filed, each through the date hereof; and there is no tax deficiency that has been asserted or threatened in writing against
the Company, the Guarantors or any of their respective subsidiaries or any of their respective properties or assets, except for any such deficiency that would not reasonably be expected to result in a Material Adverse Change or except as otherwise
disclosed in the Offering Memorandum. 
 (ii)    No Withholding Tax. All payments to be
made by or on behalf of the Company or the Guarantors under this Agreement and, except as disclosed in the Offering Memorandum, all payments of interest, principal, premium, if any, additional amounts, if any, and other payments on or under the
Securities will not be subject to withholding or other taxes under the current laws and regulations of the United States or any political subdivision thereof or therein. 

(jj)    Stamp Duty. No stamp, registration, documentary, capital, issuance, transfer or other
similar taxes or duties (“Stamp Taxes”) are payable by or on behalf of the Initial Purchasers in the United States or any political subdivision thereof or therein in connection with (i) the creation, issuance or delivery by the
Company and the Guarantors of the Securities, (ii) the purchase by the Initial Purchasers of the Securities in the manner contemplated by this Agreement, (iii) the resale and delivery by the Initial Purchasers of the Securities in the
manner contemplated by this Agreement, (iv) the execution and delivery of this Agreement and the other Transaction Documents, or (v) the consummation of the transactions contemplated by this Agreement or the other Transaction Documents.

 Any certificate signed by an officer of the Company or any Guarantor and delivered to the Initial Purchasers or to counsel for the
Initial Purchasers shall be deemed to be a representation and warranty by the Company or such Guarantor to each Initial Purchaser as to the matters set forth therein. 

SECTION 2.    Purchase, Sale and Delivery of the Securities. 

(a)    The Securities. Each of the Company and the Guarantors agrees to issue and sell to the Initial
Purchasers, severally and not jointly, all of the Securities, and, subject to the conditions set forth herein, the Initial Purchasers agree, severally and not jointly, to purchase from the Company and the Guarantors the aggregate principal amount of
Securities set forth opposite their names on Schedule A, at a purchase price equal to 99.345% of the principal amount thereof, payable on the Closing Date, and on the basis of the representations, warranties and agreements herein contained, and upon
the terms herein set forth. 
 (b)    The Closing Date. Delivery of certificates for the Securities
in definitive form to be purchased by the Initial Purchasers and payment therefor shall be made at the offices of Cahill Gordon & Reindel LLP, 32 Old Slip, New York, NY, 10005 (or such other place as may be agreed to by the Company and the
Representatives) at 9:00 a.m. New York City time, on February 10, 2021, or such other time and date as the Representatives shall designate by notice to the Company (the time and date of such closing are called the “Closing
Date”). The Company hereby acknowledges that circumstances under which the Representatives may provide notice to postpone the Closing Date as originally scheduled include, but are in 

  
 10 

 
no way limited to, any determination by the Company or the Initial Purchasers to recirculate to investors copies of an amended or supplemented Offering Memorandum or a delay as contemplated by
the provisions of Section 17 hereof. 
 (c)    Delivery of the Securities. The Company shall
deliver, or cause to be delivered, to the Representatives for the accounts of the several Initial Purchasers certificates for the Securities at the Closing Date against the irrevocable release of a wire transfer of immediately available funds for
the amount of the aggregate purchase price therefor. The certificates for the Securities shall be in such denominations ($2,000 or integral multiples of $1,000 in excess thereof) and registered in book-entry form in the name of Cede & Co.,
as nominee of DTC, pursuant to the DTC Agreement. The certificates for the Securities shall be made available for inspection on the business day preceding the Closing Date at a location in New York City, as the Representatives may designate. Time
shall be of the essence, and delivery at the time and place specified in this Agreement is a further condition to the obligations of the Initial Purchasers. 

(d)    Initial Purchasers as Qualified Institutional Buyers. Each Initial Purchaser severally and not
jointly represents and warrants to, and agrees with, the Company that: 
 (i)     it will offer and sell
Securities only to (a) persons who it reasonably believes are “qualified institutional buyers” within the meaning of Rule 144A (“Qualified Institutional Buyers”) in transactions meeting the requirements of Rule 144A
or (b) upon the terms and conditions set forth in Annex I to this Agreement; 
 (ii)    it is
an institutional “accredited investor” within the meaning of Rule 501(a)(1), (2), (3) or (7) under the Securities Act; and 

(iii)    it will not offer or sell Securities by any form of general solicitation or general advertising,
including but not limited to the methods described in Rule 502(c) under the Securities Act. 
 SECTION
3.    Additional Covenants. Each of the Company and the Guarantors, jointly and severally, further covenants and agrees with each Initial Purchaser as follows: 

(a)    Preparation of Final Offering Memorandum; Initial Purchasers’ Review of
Proposed Amendments and Supplements and Company Additional Written Communications. As promptly as practicable following the Time of Sale and in any event not later than the second business day following the date hereof, the Company will
prepare and deliver to the Initial Purchasers the Final Offering Memorandum, which shall consist of the Preliminary Offering Memorandum as modified only by the information contained in the Pricing Supplement. The Company will not amend or supplement
the Preliminary Offering Memorandum or the Pricing Supplement. The Company will not amend or supplement the Final Offering Memorandum prior to the Closing Date unless the Representatives shall previously have been furnished a copy of the proposed
amendment or supplement prior to the proposed use or filing, and shall not have reasonably objected to such amendment or supplement. Before making, preparing, using, authorizing, approving or distributing any Company Additional Written
Communication, the Company will furnish to the Representatives a copy of such written communication for review and will not make, prepare, use, authorize, approve or distribute any such written communication to which the Representatives reasonably
object. 
 (b)    Amendments and Supplements to the Final Offering Memorandum and Other
Securities Act Matters. If at any time prior to the Closing Date (i) any event shall occur or condition shall exist as a result of which any of the Pricing Disclosure Package as then amended or supplemented would include any untrue
statement of a material fact or omit to state any material fact 

  
 11 

 
necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading or (ii) it is necessary to amend or supplement any of the
Pricing Disclosure Package to comply with law, the Company will promptly notify the Initial Purchasers thereof and forthwith prepare and (subject to Section 3(a) hereof) furnish to the Initial Purchasers such amendments or supplements to any of
the Pricing Disclosure Package as may be necessary so that the statements in any of the Pricing Disclosure Package as so amended or supplemented will not, in the light of the circumstances under which they were made, be misleading or so that any of
the Pricing Disclosure Package will comply with all applicable law. If, prior to the completion of the placement of the Securities by the Initial Purchasers with the Subsequent Purchasers, any event shall occur or condition exist as a result of
which it is necessary to amend or supplement the Final Offering Memorandum, as then amended or supplemented, in order to make the statements therein, in the light of the circumstances when the Final Offering Memorandum is delivered to a Subsequent
Purchaser, not misleading, or if in the judgment of the Representatives or counsel for the Initial Purchasers it is otherwise necessary to amend or supplement the Final Offering Memorandum to comply with law, the Company agrees to promptly prepare
(subject to Section 3 hereof) (or in the case of documents incorporated by reference into the Final Offering Memorandum, to file with the Commission) and furnish at its own expense to the Initial Purchasers, amendments or supplements to the
Final Offering Memorandum so that the statements in the Final Offering Memorandum as so amended or supplemented will not, in the light of the circumstances at the Closing Date and at the time of sale of Securities, be misleading or so that the Final
Offering Memorandum, as amended or supplemented, will comply with all applicable law. 
 The Company hereby expressly
acknowledges that the indemnification and contribution provisions of Sections 8 and 9 hereof are specifically applicable and relate to each offering memorandum, amendment or supplement referred to in this Section 3. 

(c)    Copies of the Offering Memorandum. The Company agrees to furnish the Initial
Purchasers, without charge, as many copies of the Pricing Disclosure Package and the Final Offering Memorandum and any amendments and supplements thereto as they shall reasonably request. 

(d)    Blue Sky Compliance. Each of the Company and the Guarantors shall cooperate
with the Representatives and counsel for the Initial Purchasers to qualify or register (or to obtain exemptions from qualifying or registering) all or any part of the Securities for offer and sale under the securities laws of the several states of
the United States, the provinces of Canada or any other jurisdictions designated by the Representatives, shall comply with such laws and shall continue such qualifications, registrations and exemptions in effect so long as required for the
distribution of the Securities. None of the Company or any of the Guarantors shall be required to qualify as a foreign corporation or to take any action that would subject it to general service of process in any such jurisdiction where it is not
presently qualified or where it would be subject to taxation as a foreign corporation. The Company will advise the Representatives promptly of the suspension of the qualification or registration of (or any such exemption relating to) the Securities
for offering, sale or trading in any jurisdiction or any initiation or threat of any proceeding for any such purpose, and in the event of the issuance of any order suspending such qualification, registration or exemption, each of the Company and the
Guarantors shall use its reasonable best efforts to obtain the withdrawal thereof as soon as reasonably practicable. 

(e)    Use of Proceeds. The Company shall apply the net proceeds from the sale of the
Securities sold by it in the manner described under the caption “Use of Proceeds” in the Pricing Disclosure Package. 

  
 12 

 (f)    Clearance and Settlement. The
Company will cooperate with the Initial Purchasers and use its best efforts to permit the Securities to be eligible for clearance and settlement through the facilities of DTC. 

(g)    Additional Issuer Information. Prior to the completion of the placement of the
Securities by the Initial Purchasers with the Subsequent Purchasers, the Company shall file, on a timely basis, with the Commission all reports and documents required to be filed under Section 13 or 15 of the Exchange Act. Additionally, at any
time when the Company is not subject to Section 13 or 15 of the Exchange Act, for the benefit of holders and beneficial owners from time to time of the Securities, the Company shall furnish, at its expense, upon request, to holders and
beneficial owners of Securities and prospective purchasers of Securities information (“Additional Issuer Information”) satisfying the requirements of Rule 144A(d). 

(h)    Agreement Not To Offer or Sell Additional Securities. During the period of 30
days following the date hereof, the Company will not, without the prior written consent of the Representatives (which consent may be withheld at the sole discretion of the Representatives), directly or indirectly, sell, offer, contract or grant any
option to sell, pledge, transfer or establish an open “put equivalent position” within the meaning of Rule 16a-1 under the Exchange Act, or otherwise dispose of or transfer, or announce the offering
of, or file any registration statement under the Securities Act in respect of, any debt securities of the Company or securities exchangeable for or convertible into debt securities of the Company (other than as contemplated by this Agreement). 

(i)    No Integration. The Company agrees that it will not and will cause its
Affiliates not to make any offer or sale of securities of the Company of any class if, as a result of the doctrine of “integration” referred to in Rule 502 under the Securities Act, such offer or sale would render invalid (for the purpose
of (i) the sale of the Securities by the Company to the Initial Purchasers, (ii) the resale of the Securities by the Initial Purchasers to Subsequent Purchasers or (iii) the resale of the Securities by such Subsequent Purchasers to
others) the exemption from the registration requirements of the Securities Act provided by Section 4(a)(2) thereof or by Rule 144A or by Regulation S thereunder or otherwise. 

(j)    No General Solicitation or Directed Selling Efforts. The Company agrees that it will
not and will not permit any of its Affiliates or any other person acting on its or their behalf (other than the Initial Purchasers, as to which no covenant is given) to (i) solicit offers for, or offer or sell, the Securities by means of any
form of general solicitation or general advertising within the meaning of Rule 502(c) of Regulation D or in any manner involving a public offering within the meaning of Section 4(a)(2) of the Securities Act or (ii) engage in any directed
selling efforts with respect to the Securities within the meaning of Regulation S, and the Company will and will cause all such persons to comply with the offering restrictions requirement of Regulation S with respect to the Securities. 

(k)    No Restricted Resales. During the period of one year after the Closing Date, the
Company will not, and will not permit any of its affiliates (as defined in Rule 144 under the Securities Act) to resell any of the Notes that have been reacquired by any of them. 

(l)    Legended Securities. Each certificate for a Security will bear the legend contained in
“Notice to Investors” in the Preliminary Offering Memorandum for the time period and upon the other terms stated in the Preliminary Offering Memorandum. 

(m)    Taxes. The Company will indemnify and hold harmless the Initial Purchasers against any
Stamp Taxes imposed by the United States or any political subdivision thereof or therein in connection with (i) the creation, issuance, sale and delivery of the Securities, (ii) the initial resale

  
 13 

 
thereof by the Initial Purchasers, and (iii) the execution and delivery of this Agreement and the other Transaction Documents and the consummation of the transactions contemplated hereby and
thereby. 
 (n)    Payments. All payments made by the Company and the Guarantors under this
Agreement shall be exclusive of any value added tax or any other tax of a similar nature (“VAT”) which is chargeable thereon and if any VAT is or becomes chargeable in respect of any such payment, the Company and the Guarantors
shall, subject to receipt of an appropriate VAT invoice, pay in addition the amount of such VAT (at the same time and in the same manner as the payment to which such VAT relates). For the avoidance of doubt, all amounts charged by the Initial
Purchasers or for which the Initial Purchasers are to be reimbursed will be invoiced and payable together with VAT, where applicable. Any amount for which the Initial Purchasers are to be reimbursed or indemnified under this Agreement will be
reimbursed or indemnified together with an amount equal to any VAT payable in relation to the cost, fee, expense or other amount to which the reimbursement or indemnification relates. 

The Representatives may, in their sole discretion, waive in writing the performance by the Company or any of the Guarantors of any one or more
of the foregoing covenants or extend the time for their performance. 
 SECTION 4.    Payment of
Expenses. Each of the Company and the Guarantors, jointly and severally, agrees to pay all costs, fees and expenses incurred in connection with the performance of its obligations hereunder and in connection with the transactions
contemplated hereby, including, without limitation, (i) all expenses incident to the issuance and delivery of the Securities (including all printing and engraving costs), (ii) all necessary issue, transfer and other stamp taxes in connection
with the issuance and sale of the Securities to the Initial Purchasers, (iii) all fees and expenses of the Company’s and the Guarantors’ counsel, independent public or certified public accountants and other advisors of the Company,
(iv) all costs and expenses incurred in connection with the preparation, printing, filing, shipping and distribution of the Pricing Disclosure Package and the Final Offering Memorandum (including financial statements and exhibits), and all
amendments and supplements thereto, and this Agreement, the Indenture, the Security Documents and the Securities, (v) all filing fees, attorneys’ fees and expenses incurred by the Company, the Guarantors or the Initial Purchasers in
connection with qualifying or registering (or obtaining exemptions from the qualification or registration of) all or any part of the Securities for offer and sale under the securities laws of the several states of the United States, the provinces of
Canada or other jurisdictions designated by the Initial Purchasers (including, without limitation, the cost of preparing, printing and mailing preliminary and final blue sky or legal investment memoranda and any related supplements to the Pricing
Disclosure Package or the Final Offering Memorandum), (vi) the fees and expenses of the Trustee, including the fees and disbursements of counsel for the Trustee in connection with the Indenture, the Security Documents and the Securities,
(vii) the fees and expenses incurred in connection with creating, documenting and perfecting the security interests in the Collateral as contemplated by the Security Documents (including all related fees and expenses of counsel to the Initial
Purchasers for all periods prior to and after the Closing Date and all expenses related to lien searches and filing and recording fees and expenses), (viii) any fees payable in connection with the rating of the Securities with the ratings agencies,
(ix) any filing fees incident to, and any reasonable fees and disbursements of counsel to the Initial Purchasers in connection with, the review by FINRA, if any, of the terms of the sale of the Securities, (x) all fees and expenses
(including reasonable fees and expenses of Company counsel) of the Company and the Guarantors in connection with approval by DTC of the Securities for “book-entry” transfer, and the performance by the Company and the Guarantors of their
respective other obligations under this Agreement and (xi) all expenses incident to the “road show” for the offering of the Securities. Except as provided in this Section 4 and Sections 6, 8 and 9 hereof, the Initial
Purchasers shall pay their own expenses, including the fees and disbursements of their counsel. 

  
 14 

 SECTION 5.    Conditions of the Obligations of the Initial
Purchasers. The obligations of the several Initial Purchasers to purchase and pay for the Securities as provided herein on the Closing Date shall be subject to the accuracy of the representations and warranties on the part of the Company
and the Guarantors set forth in Section 1 hereof as of the date hereof and as of the Closing Date as though then made and to the timely performance by the Company and the Guarantors of their covenants and other obligations hereunder, and to
each of the following additional conditions: 
 (a)    Accountants’ Comfort
Letter. On the date hereof, the Initial Purchasers shall have received from Ernst & Young LLP, the independent registered public accounting firm for the Company, a “comfort letter” dated the date hereof addressed to the
Initial Purchasers, in form and substance satisfactory to the Representatives, covering the financial information in the Pricing Disclosure Package and other customary matters. In addition, on the Closing Date, the Initial Purchasers shall have
received from such accountants a “bring-down comfort letter” dated the Closing Date addressed to the Initial Purchasers, in form and substance satisfactory to the Representatives, in the form of the “comfort letter” delivered on
the date hereof, except that (i) it shall cover the financial information in the Final Offering Memorandum and any amendment or supplement thereto and (ii) procedures shall be brought down to a date no more than 3 days prior to the Closing
Date. 
 (b)    No Material Adverse Change or Ratings Agency Change. For the period
from and after the date of this Agreement and prior to the Closing Date: 
  

	 	(i)	 in the judgment of the Representatives there shall not have occurred any change, or any development involving a
prospective change, in the condition, financial or otherwise, or in the earnings, business or operations of the Company, the Guarantors and their respective subsidiaries, taken as a whole, from that set forth in the Pricing Disclosure Package
provided to prospective purchasers of the Securities that, in your judgment, is material and adverse and that makes it, in your judgment, impracticable or inadvisable to proceed with the offering, sale or delivery of the Securities on the terms and
in the manner contemplated in the Pricing Disclosure Package; and 

  

	 	(ii)	 there shall not have occurred any downgrading, nor shall any notice have been given of any intended or
potential downgrading or of any review for a possible change that does not indicate the direction of the possible change, in the rating accorded the Company, the Guarantors or any of their respective subsidiaries or any of their securities or
indebtedness by any “nationally recognized statistical rating organization” registered under Section 15E of the Exchange Act. 

(c)    Opinion of Counsel for the Company. On the Closing Date the Initial Purchasers
shall have received the opinion of Jenner & Block LLP, counsel for the Company, dated as of such Closing Date, the form of which is attached as Exhibit A. 

(d)    Opinion of Counsel for the Initial Purchasers. On the Closing Date the Initial
Purchasers shall have received the opinion of Cahill Gordon & Reindel LLP, counsel for the Initial Purchasers, dated as of such Closing Date, with respect to such matters as may be reasonably requested by the Initial Purchasers. 

(e)    Officers’ Certificate. On the Closing Date the Initial Purchasers shall have
received a written certificate executed by (i) the Chief Executive Officer or President of the Company or the Chief Financial Officer or Chief Accounting Officer of the Company and (ii) any other authorized

  
 15 

 
officer of the Company reasonably acceptable to the Initial Purchasers, dated as of the Closing Date, to the effect set forth in Section 5(b)(ii) hereof, and further to the effect that: 

(x)    the representations, warranties and covenants of the Company and the Guarantors set forth in Section 1 hereof
were true and correct as of the date hereof and are true and correct as of the Closing Date with the same force and effect as though expressly made on and as of the Closing Date; and 

(y)    each of the Company and the Guarantors has complied with all the agreements and satisfied all the conditions on its
part to be performed or satisfied at or prior to the Closing Date. 
 The officers signing and delivering such certificate may rely upon the
best of their knowledge as to proceedings threatened. 
 (f)    Chief Financial Officer
Certificate. On the date hereof and on the Closing Date, the Initial Purchasers shall have received a written certificate executed by the Chief Financial Officer of the Company, in form and substance reasonably satisfactory to the Initial
Purchasers, with respect to certain financial information contained in the Offering Memorandum. 

(g)    Indenture. The Company and the Guarantors shall have executed and delivered the
Indenture in form and substance reasonably satisfactory to the Initial Purchasers, and the Initial Purchasers shall have received executed copies thereof. 

(h)    Security Documents and Intercreditor Agreement. Except as otherwise provided for in
the Pledge Agreement, the Indenture or the other documents entered into pursuant to the transactions contemplated hereby, the Representatives and the Collateral Agent shall have received each of the Security Documents, in form and substance
reasonably satisfactory to the Initial Purchasers, and all other certificates, agreements or instruments necessary to perfect the Collateral Agent’s security interest in all of the Collateral, including but not limited to, stock certificates
accompanied by instruments of transfer and stock powers undated and endorsed in blank and Uniform Commercial Code financing statements in appropriate form for filing. 

(i)    Additional Documents. On or before the Closing Date, the Initial Purchasers and
counsel for the Initial Purchasers shall have received such information and documents as they may reasonably require for the purposes of enabling them to pass upon the issuance and sale of the Securities as contemplated herein, or in order to
evidence the accuracy of any of the representations and warranties, or the satisfaction of any of the conditions or agreements, herein contained. 

If any condition specified in this Section 5 is not satisfied when and as required to be satisfied, this Agreement may be terminated by
the Representatives by notice to the Company at any time on or prior to the Closing Date, which termination shall be without liability on the part of any party to any other party, except that Sections 4, 6, 8 and 9 hereof shall at all times be
effective and shall survive such termination. 
 SECTION 6.    Reimbursement of Initial
Purchasers’ Expenses. If this Agreement is terminated by the Representatives pursuant to Section 5 or 10 hereof, including if the sale to the Initial Purchasers of the Securities on the Closing Date is not
consummated because of any refusal, inability or failure on the part of the Company to perform any agreement herein or to comply with any provision hereof, the Company and the Guarantors, jointly and severally, agree to reimburse the Initial
Purchasers, severally, upon demand for all out-of-pocket expenses that shall have been reasonably incurred by the Initial Purchasers in connection with the proposed
purchase and the offering and sale of the Securities, including, 

  
 16 

 
without limitation, fees and disbursements of counsel, printing expenses, travel expenses, postage, facsimile and telephone charges. 

SECTION 7.    Offer, Sale and Resale Procedures. Each of the Initial Purchasers and the Company and each of
the Guarantors, hereby agree to observe the following procedures in connection with the offer and sale of the Securities: 

(a)    Offers and sales of the Securities will be made only by the Initial Purchasers or Affiliates
thereof qualified to do so in the jurisdictions in which such offers or sales are made. Each such offer or sale shall only be made to persons whom the offeror or seller reasonably believes to be Qualified Institutional Buyers or non-U.S. persons outside the United States to whom the offeror or seller reasonably believes offers and sales of the Securities may be made in reliance upon Regulation S upon the terms and conditions set forth in
Annex I hereto, which Annex I is hereby expressly made a part hereof. 
 (b)    No general
solicitation or general advertising (within the meaning of Rule 502 under the Securities Act) will be used in the United States in connection with the offering of the Securities. 

(c)    Upon original issuance by the Company, and until such time as the same is no longer required
under the applicable requirements of the Securities Act, the Securities (and all securities issued in exchange therefor or in substitution thereof) shall bear the following legend: 

“THE NOTES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE SECURITIES
LAWS. NEITHER THIS NOTE NOR ANY INTEREST OR PARTICIPATION HEREIN MAY BE REOFFERED, SOLD, ASSIGNED, TRANSFERRED, PLEDGED, ENCUMBERED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION OR UNLESS SUCH TRANSACTION IS EXEMPT FROM, OR NOT
SUBJECT TO, REGISTRATION AS SET FORTH BELOW. BY ITS ACQUISITION HEREOF, THE HOLDER (1) REPRESENTS THAT (A) IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT (“RULE 144A”)),
(B) IT IS NOT A U.S. PERSON AND IS ACQUIRING THIS NOTE IN AN OFFSHORE TRANSACTION OR (C) IT IS AN “ACCREDITED INVESTOR” WITHIN THE MEANING OF RULE 501(a) UNDER THE SECURITIES ACT, (2) AGREES TO OFFER, SELL, PLEDGE OR
OTHERWISE TRANSFER SUCH NOTE PRIOR TO THE DATE WHICH IS ONE YEAR AFTER THE DATE OF ORIGINAL ISSUE HEREOF ONLY (A) TO THE COMPANY, (B) PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BEEN DECLARED EFFECTIVE UNDER THE SECURITIES ACT,
(C) FOR SO LONG AS THE NOTES ARE ELIGIBLE FOR RESALE PURSUANT TO RULE 144A TO A PERSON IT REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER THAT PURCHASES FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER TO WHOM
NOTICE IS GIVEN THAT THE TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (D) OUTSIDE THE UNITED STATES PURSUANT TO OFFERS AND SALES TO NON-U.S. PERSONS IN AN OFFSHORE TRANSACTION PURSUANT TO REGULATION S
UNDER THE SECURITIES ACT IN A TRANSACTION MEETING THE REQUIREMENTS OF RULE 904 UNDER THE SECURITIES ACT, (E) TO AN “ACCREDITED INVESTOR” WITHIN 

  
 17 

 
THE MEANING OF RULE 501(a) UNDER THE SECURITIES ACT THAT IS ACQUIRING THE SECURITY FOR ITS OWN ACCOUNT, OR FOR THE ACCOUNT OF SUCH AN ACCREDITED INVESTOR, FOR INVESTMENT PURPOSES AND NOT WITH A
VIEW TO, OR FOR OFFER OR SALE IN CONNECTION WITH, ANY DISTRIBUTION IN VIOLATION OF THE SECURITIES ACT, OR (F) PURSUANT TO ANOTHER AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT, SUBJECT TO THE COMPANY’S AND
THE TRUSTEE’S RIGHT PRIOR TO ANY SUCH OFFER, SALE OR TRANSFER PURSUANT TO CLAUSE (F) TO REQUIRE THE DELIVERY OF AN OPINION OF COUNSEL, CERTIFICATION AND/OR OTHER INFORMATION SATISFACTORY TO EACH OF THEM.” 

Following the sale of the Securities by the Initial Purchasers to Subsequent Purchasers pursuant to the terms hereof, the Initial Purchasers
shall not be liable or responsible to the Company for any losses, damages or liabilities suffered or incurred by the Company, including any losses, damages or liabilities under the Securities Act, arising from or relating to any resale or transfer
of any Security. 
 SECTION 8.    Indemnification. 

(a)    Indemnification of the Initial Purchasers. Each of the Company and the Guarantors, jointly and
severally, agrees to indemnify and hold harmless each Initial Purchaser, its affiliates, directors, officers and employees, and each person, if any, who controls any Initial Purchaser within the meaning of the Securities Act and the Exchange Act
against any loss, claim, damage, liability or expense, as incurred, to which such Initial Purchaser, affiliate, director, officer, employee or controlling person may become subject, under the Securities Act, the Exchange Act or other federal or
state statutory law or regulation, or at common law or otherwise (including in settlement of any litigation, if such settlement is effected with the written consent of the Company or is otherwise permitted under Section 8(d)), insofar as such
loss, claim, damage, liability or expense (or actions in respect thereof as contemplated below) arises out of or is based upon any untrue statement or alleged untrue statement of a material fact contained in the Preliminary Offering Memorandum,
the Pricing Supplement, any Company Additional Written Communication or the Final Offering Memorandum (or any amendment or supplement thereto), or the omission or alleged omission therefrom of a material fact necessary in order to make the
statements therein, in the light of the circumstances under which they were made, not misleading; and to reimburse each Initial Purchaser and each such affiliate, director, officer, employee or controlling person for any and all expenses (including
the fees and disbursements of one counsel chosen by the Representatives) as such expenses are reasonably incurred by such Initial Purchaser or such affiliate, director, officer, employee or controlling person in connection with investigating,
defending, settling, compromising or paying any such loss, claim, damage, liability, expense or action; provided, however, that the foregoing indemnity agreement shall not apply to any loss, claim, damage, liability or expense to the extent, but
only to the extent, arising out of or based upon any untrue statement or alleged untrue statement or omission or alleged omission made in reliance upon and in conformity with written information furnished to the Company by the Representatives
expressly for use in the Preliminary Offering Memorandum, the Pricing Supplement, any Company Additional Written Communication or the Final Offering Memorandum (or any amendment or supplement thereto). The indemnity agreement set forth in this
Section 8(a) shall be in addition to any liabilities that the Company may otherwise have. 

(b)    Indemnification of the Company and the Guarantors. Each Initial Purchaser agrees, severally
and not jointly, to indemnify and hold harmless the Company, each Guarantor, each of their respective directors, officers and employees and each person, if any, who controls the Company or any Guarantor within the meaning of the Securities Act or
the Exchange Act, against any loss, claim, damage, 

  
 18 

 
liability or expense, as incurred, to which the Company or any such director, officer and employee or controlling person may become subject, under the Securities Act, the Exchange Act, or other
federal or state statutory law or regulation, or at common law or otherwise (including in settlement of any litigation, if such settlement is effected with the written consent of such Initial Purchaser), insofar as such loss, claim, damage,
liability or expense (or actions in respect thereof as contemplated below) arises out of or is based upon any untrue statement or alleged untrue statement of a material fact contained in the Preliminary Offering Memorandum, the Pricing Supplement,
any Company Additional Written Communication or the Final Offering Memorandum (or any amendment or supplement thereto), or the omission or alleged omission therefrom of a material fact necessary in order to make the statements therein, in the light
of the circumstances under which they were made, not misleading, in each case to the extent, but only to the extent, that such untrue statement or alleged untrue statement or omission or alleged omission was made in the Preliminary Offering
Memorandum, the Pricing Supplement, any Company Additional Written Communication or the Final Offering Memorandum (or any amendment or supplement thereto), in reliance upon and in conformity with written information furnished to the Company by such
Initial Purchaser through the Representatives expressly for use therein; and to reimburse the Company, any Guarantor and each such director, officer and employee, or controlling person for any and all expenses (including the fees and disbursements
of counsel) as such expenses are reasonably incurred by the Company, any Guarantor or such director or controlling person in connection with investigating, defending, settling, compromising or paying any such loss, claim, damage, liability, expense
or action. Each of the Company and the Guarantors hereby acknowledges that the only information that the Initial Purchasers through the Representatives have furnished to the Company expressly for use in the Preliminary Offering Memorandum, the
Pricing Supplement, any Company Additional Written Communication or the Final Offering Memorandum (or any amendment or supplement thereto) are (i) the names of the Initial Purchasers on the cover page of the Preliminary Offering Memorandum and
the Final Offering Memorandum, and (ii) the statements set forth in (x) the second, third and fourth sentences of the fifth paragraph, the third sentence of the sixth paragraph, the eighth paragraph, the ninth paragraph and the
twenty-fourth paragraph under the caption “Plan of Distribution” in the Preliminary Offering Memorandum and (y) the second, third and fourth sentences of the fifth paragraph, the third sentence of the sixth paragraph, the eighth
paragraph, the ninth paragraph and the twenty-fourth paragraph under the caption “Plan of Distribution” in the Final Offering Memorandum. The indemnity agreement set forth in this Section 8(b) shall be in addition to any liabilities
that each Initial Purchaser may otherwise have. 
 (c)    Notifications and Other Indemnification
Procedures. Promptly after receipt by an indemnified party under this Section 8 of notice of the commencement of any action, such indemnified party will, if a claim in respect thereof is to be made against an indemnifying party under this
Section 8, notify the indemnifying party in writing of the commencement thereof; provided that the failure to so notify the indemnifying party will not relieve it from any liability which it may have to any indemnified party under this
Section 8 except to the extent that it has been materially prejudiced by such failure (through the forfeiture of substantive rights and defenses) and shall not relieve the indemnifying party from any liability that the indemnifying party may
have to an indemnified party other than under this Section 8. In case any such action is brought against any indemnified party and such indemnified party seeks or intends to seek indemnity from an indemnifying party, the indemnifying party will
be entitled to participate in and, to the extent that it shall elect, jointly with all other indemnifying parties similarly notified, by written notice delivered to the indemnified party promptly after receiving the aforesaid notice from such
indemnified party, to assume the defense thereof with counsel reasonably satisfactory to such indemnified party; provided, however, if the defendants in any such action include both the indemnified party and the indemnifying party and the
indemnified party shall have reasonably concluded that a conflict may arise between the positions of the indemnifying party and the indemnified party in conducting the defense of any such action or that there may be legal defenses available to it
and/or other indemnified parties which are different from or additional to those available to the indemnifying party, the indemnified party or parties shall have the right to select separate counsel to assume such legal defenses and to otherwise
participate in 

  
 19 

 
the defense of such action on behalf of such indemnified party or parties. Upon receipt of notice from the indemnifying party to such indemnified party of such indemnifying party’s election
so to assume the defense of such action and approval by the indemnified party of counsel, the indemnifying party will not be liable to such indemnified party under this Section 8 for any legal or other expenses subsequently incurred by such
indemnified party in connection with the defense thereof unless (i) the indemnified party shall have employed separate counsel in accordance with the proviso to the immediately preceding sentence (it being understood, however, that the
indemnifying party shall not be liable for the expenses of more than one separate counsel (together with local counsel), which shall be selected by the Representatives (in the case of counsel representing the Initial Purchasers or their related
persons), representing the indemnified parties who are parties to such action) or (ii) the indemnifying party shall not have employed counsel satisfactory to the indemnified party to represent the indemnified party within a reasonable time
after notice of commencement of the action, in each of which cases the fees and expenses of counsel shall be at the expense of the indemnifying party. 

(d)    Settlements. The indemnifying party under this Section 8 shall not be liable for any settlement
of any proceeding effected without its written consent, which will not be unreasonably withheld, but if settled with such consent or if there be a final judgment for the plaintiff, the indemnifying party agrees to indemnify the indemnified party
against any loss, claim, damage, liability or expense by reason of such settlement or judgment. Notwithstanding the foregoing sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party
for fees and expenses of counsel as contemplated by this Section 8, the indemnifying party agrees that it shall be liable for any settlement of any proceeding effected without its written consent if (i) such settlement is entered into more
than 30 days after receipt by such indemnifying party of the aforesaid request and (ii) such indemnifying party shall not have reimbursed the indemnified party in accordance with such request prior to the date of such settlement. No
indemnifying party shall, without the prior written consent of the indemnified party, effect any settlement, compromise or consent to the entry of judgment in any pending or threatened action, suit or proceeding in respect of which any indemnified
party is or could have been a party and indemnity was or could have been sought hereunder by such indemnified party, unless such settlement, compromise or consent (i) includes an unconditional release of such indemnified party from all
liability on claims that are the subject matter of such action, suit or proceeding and (ii) does not include any statements as to or any findings of fault, culpability or failure to act by or on behalf of any indemnified party. 

SECTION 9.    Contribution. If the indemnification provided for in Section 8 hereof is for any reason
held to be unavailable to or otherwise insufficient to hold harmless an indemnified party in respect of any losses, claims, damages, liabilities or expenses referred to therein, then each indemnifying party shall contribute to the aggregate amount
paid or payable by such indemnified party, as incurred, as a result of any losses, claims, damages, liabilities or expenses referred to therein (i) in such proportion as is appropriate to reflect the relative benefits received by the Company
and the Guarantors, on the one hand, and the Initial Purchasers, on the other hand, from the offering of the Securities pursuant to this Agreement or (ii) if the allocation provided by clause (i) above is not permitted by applicable law,
in such proportion as is appropriate to reflect not only the relative benefits referred to in clause (i) above but also the relative fault of the Company and the Guarantors, on the one hand, and the Initial Purchasers, on the other hand, in
connection with the statements or omissions or inaccuracies in the representations and warranties herein which resulted in such losses, claims, damages, liabilities or expenses, as well as any other relevant equitable considerations. The relative
benefits received by the Company, on the one hand, and the Initial Purchasers, on the other hand, in connection with the offering of the Securities pursuant to this Agreement shall be deemed to be in the same respective proportions as the total net
proceeds from the offering of the Securities pursuant to this Agreement (before deducting expenses) received by the Company, and the total discount received by the Initial Purchasers bear to the aggregate initial offering prices of the Securities.
The relative fault of the Company and the Guarantors, on the one hand, and the Initial Purchasers, on the other hand, shall be determined by reference to, among other things, whether any such untrue or alleged untrue

  
 20 

 
statement of a material fact or omission or alleged omission to state a material fact or any such inaccurate or alleged inaccurate representation or warranty relates to information supplied by
the Company and the Guarantors, on the one hand, or the Initial Purchasers, on the other hand, and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission or inaccuracy.

 The amount paid or payable by a party as a result of the losses, claims, damages, liabilities and expenses referred to above shall be
deemed to include, subject to the limitations set forth in Section 8 hereof, any legal or other fees or expenses reasonably incurred by such party in connection with investigating or defending any action or claim. The provisions set forth in
Section 8 hereof with respect to notice of commencement of any action shall apply if a claim for contribution is to be made under this Section 9; provided, however, that no additional notice shall be required with respect to any action for
which notice has been given under Section 8 hereof for purposes of indemnification. 
 The Company, the Guarantors and the Initial
Purchasers agree that it would not be just and equitable if contribution pursuant to this Section 9 were determined by pro rata allocation (even if the Initial Purchasers were treated as one entity for such purpose) or by any other method of
allocation which does not take account of the equitable considerations referred to in this Section 9. 
 Notwithstanding the provisions
of this Section 9, no Initial Purchaser shall be required to contribute any amount in excess of the amount by which the total price or prices of the Securities purchased and sold by it hereunder exceeds the amount of any damages which
such Initial Purchaser has otherwise been required to pay by reason of such untrue or alleged untrue state or omission or alleged omission in connection with the Securities distributed by it. No person guilty of fraudulent misrepresentation (within
the meaning of Section 11 of the Securities Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. The Initial Purchasers’ obligations to contribute pursuant to this Section 9
are several, and not joint, in proportion to their respective commitments as set forth opposite their names in Schedule A. For purposes of this Section 9, each director, officer and employee of an Initial Purchaser and each person, if any, who
controls an Initial Purchaser within the meaning of the Securities Act and the Exchange Act shall have the same rights to contribution as such Initial Purchaser, and each director of the Company or any Guarantor, and each person, if any, who
controls the Company or any Guarantor within the meaning of the Securities Act and the Exchange Act shall have the same rights to contribution as the Company and the Guarantors. 

SECTION 10.    Termination of this Agreement. Prior to the Closing Date, this Agreement may be
terminated by the Representatives by notice given to the Company if at any time: (i) trading or quotation in any of the Company’s securities shall have been suspended or limited by the Commission or by the Nasdaq Stock Market, or trading
in securities generally on either the Nasdaq Stock Market or the New York Stock Exchange shall have been suspended or limited; (ii) a general banking moratorium shall have been declared by any of federal or New York authorities; or
(iii) there shall have occurred any outbreak or escalation of national or international hostilities or any crisis or calamity the effect of which on financial markets is such as to make it, in the judgment of the Representatives, impracticable
or inadvisable to proceed with the offering, sale or delivery of the Securities in the manner and on the terms described in the Pricing Disclosure Package. Any termination pursuant to this Section 10 shall be without liability on the part of
(i) the Company or any Guarantor to any Initial Purchaser, except that the Company and the Guarantors shall be obligated to reimburse the expenses of the Initial Purchasers pursuant to Sections 4 and 6 hereof, (ii) any Initial
Purchaser to the Company, or (iii) any party hereto to any other party except that the provisions of Sections 8 and 9 hereof shall at all times be effective and shall survive such termination. 

SECTION 11.    Representations and Indemnities to Survive Delivery. The respective indemnities,
agreements, representations, warranties and other statements of the Company, the Guarantors, 

  
 21 

 
their respective officers and the several Initial Purchasers set forth in or made pursuant to this Agreement will remain in full force and effect, regardless of any investigation made by or on
behalf of any Initial Purchaser, the Company, any Guarantor or any of their partners, officers or directors or any controlling person, as the case may be, and will survive delivery of and payment for the Securities sold hereunder and any termination
of this Agreement. 
 SECTION 12.    Notices. All communications hereunder shall be in writing and
shall be mailed, hand delivered, couriered or facsimiled and confirmed to the parties hereto as follows: 
 If to the Initial Purchasers of
the Securities: 
 Wells Fargo Securities, LLC 

550 South Tryon Street, 5th Floor 

Charlotte, NC 28202 

Attention: Transaction Management 

Email: tmgcapitalmarkets@wellsfargo.com 

and 

BofA Securities, Inc. 

1540 Broadway 

NY8-540-26-02

 New York, NY 10036 

Attention: High Grade Debt Capital Markets Transaction Management/Legal 

Fax: 212-901-7881 

Email: dg.hg_us_notices@bofa.com 

with a copy to: 

Cahill Gordon & Reindel LLP 

32 Old Slip 

New York, NY 10005 

Facsimile: (212) 378-2169 

Attention: James Clark 

If to the Company or the Guarantors: 

Silgan Holdings Inc. 

4 Landmark Square, Suite 400 

Stamford, Connecticut 06901 

Facsimile: (203) 975-4598 

Attention: Frank W. Hogan, III 

with a copy to: 

Jenner & Block LLP 

919 Third Avenue 

New York, NY 10022-3908 

Facsimile: 212-891-1699 

Attention: Robert J. Rawn 

  
 22 

 Any party hereto may change the address or facsimile number for receipt of communications by
giving written notice to the others. 
 SECTION 13.    Successors. This Agreement will inure to the
benefit of and be binding upon the parties hereto, and to the benefit of the indemnified parties referred to in Sections 8 and 9 hereof, and in each case their respective successors, and no other person will have any right or obligation
hereunder. The term “successors” shall not include any Subsequent Purchaser or other purchaser of the Securities as such from any of the Initial Purchasers merely by reason of such purchase. 

SECTION 14.    Authority of the Representatives. Any action by the Initial Purchasers hereunder may be taken
by the Representatives on behalf of the Initial Purchasers, and any such action taken by the Representatives shall be binding upon the Initial Purchasers. 

SECTION 15.    Partial Unenforceability. The invalidity or unenforceability of any section, paragraph or
provision of this Agreement shall not affect the validity or enforceability of any other section, paragraph or provision hereof. If any section, paragraph or provision of this Agreement is for any reason determined to be invalid or unenforceable,
there shall be deemed to be made such minor changes (and only such minor changes) as are necessary to make it valid and enforceable. 

SECTION 16.    Governing Law Provisions. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF NEW YORK APPLICABLE TO AGREEMENTS MADE AND TO BE PERFORMED IN SUCH STATE WITHOUT REGARD TO CONFLICTS OF LAW PRINCIPLES THEREOF. 

(a)    Consent to Jurisdiction. Any legal suit, action or proceeding arising out of or based upon this
Agreement or the transactions contemplated hereby (“Related Proceedings”) may be instituted in the federal courts of the United States of America located in the City and County of New York or the courts of the State of New York in
each case located in the City and County of New York (collectively, the “Specified Courts”), and each party irrevocably submits to the exclusive jurisdiction (except for suits, actions, or proceedings instituted in regard to the
enforcement of a judgment of any Specified Court in a Related Proceeding (a “Related Judgment”), as to which such jurisdiction is non-exclusive) of the Specified Courts in any Related
Proceeding. Service of any process, summons, notice or document by mail to such party’s address set forth above shall be effective service of process for any Related Proceeding brought in any Specified Court. The parties irrevocably and
unconditionally waive any objection to the laying of venue of any Related Proceeding in the Specified Courts and irrevocably and unconditionally waive and agree not to plead or claim in any Specified Court that any Related Proceeding brought in any
Specified Court has been brought in an inconvenient forum. 
 SECTION 17.    Default of One or More of the
Several Initial Purchasers. If any one or more of the several Initial Purchasers shall fail or refuse to purchase Securities that it or they have agreed to purchase hereunder on the Closing Date, and the aggregate principal amount of
Securities which such defaulting Initial Purchaser or Initial Purchasers agreed but failed or refused to purchase does not exceed 10% of the aggregate principal amount of the Securities to be purchased on such date, the other Initial Purchasers
shall be obligated, severally, in the proportions that the number of Securities set forth opposite their respective names in Schedule A bears to the aggregate number of Securities set forth opposite the names of all such non-defaulting Initial Purchasers, or in such other proportions as may be specified by the Initial Purchasers with the consent of the non-defaulting Initial Purchasers, to
purchase the Securities which such defaulting Initial Purchaser or Initial Purchasers agreed but failed or refused to purchase on the Closing Date. If any one or more of the Initial Purchasers shall fail or refuse to purchase Securities and the
aggregate principal amount of Securities with respect to which such default occurs exceeds 10% of the aggregate principal amount of Securities to be purchased on the Closing Date, and arrangements satisfactory to the Initial

  
 23 

 
Purchasers and the Company for the purchase of such Securities are not made within 48 hours after such default, this Agreement shall terminate without liability of any party to any other party
except that the provisions of Sections 4, 6, 8 and 9 hereof shall at all times be effective and shall survive such termination. In any such case either the Initial Purchasers or the Company shall have the right to postpone the Closing Date, as
the case may be, but in no event for longer than seven days in order that the required changes, if any, to the Final Offering Memorandum or any other documents or arrangements may be effected. 

As used in this Agreement, the term “Initial Purchaser” shall be deemed to include any person substituted for a defaulting
Initial Purchaser under this Section 17. Any action taken under this Section 17 shall not relieve any defaulting Initial Purchaser from liability in respect of any default of such Initial Purchaser under this Agreement. 

SECTION 18.    No Advisory or Fiduciary Responsibility. Each of the Company and the Guarantors acknowledges
and agrees that: (i) the purchase and sale of the Securities pursuant to this Agreement, including the determination of the offering prices of the Securities and any related discounts and commissions, is an
arm’s-length commercial transaction between the Company and the Guarantors, on the one hand, and the several Initial Purchasers, on the other hand, and the Company and the Guarantors are capable of
evaluating and understanding and understands and accepts the terms, risks and conditions of the transactions contemplated by this Agreement; (ii) in connection with each transaction contemplated hereby and the process leading to such
transaction each Initial Purchaser is and has been acting solely as a principal and is not the agent or fiduciary of the Company and the Guarantors, or their respective affiliates, stockholders, creditors or employees or any other party;
(iii) no Initial Purchaser has assumed or will assume an advisory or fiduciary responsibility in favor of the Company and the Guarantors with respect to any of the transactions contemplated hereby or the process leading thereto (irrespective of
whether such Initial Purchaser has advised or is currently advising the Company and the Guarantors on other matters) or any other obligation to the Company and the Guarantors except the obligations expressly set forth in this Agreement;
(iv) the several Initial Purchasers and their respective affiliates may be engaged in a broad range of transactions that involve interests that differ from those of the Company and the Guarantors, and the several Initial Purchasers have no
obligation to disclose any of such interests by virtue of any fiduciary or advisory relationship; and (v) the Initial Purchasers have not provided any legal, accounting, regulatory or tax advice with respect to the offering contemplated hereby,
and the Company and the Guarantors have consulted their own legal, accounting, regulatory and tax advisors to the extent they deemed appropriate. 

The Company and the Guarantors hereby waive and release, to the fullest extent permitted by law, any claims that the Company and the
Guarantors may have against the several Initial Purchasers with respect to any breach or alleged breach of fiduciary duty. 
 SECTION
19.    Recognition of the U.S. Special Resolution Regimes. 
 (a) In the event that any Initial Purchaser that is a
Covered Entity becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from such Initial Purchaser of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as
the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States. 

(b) In the event that any Initial Purchaser that is a Covered Entity or a BHC Act Affiliate of such Initial Purchaser becomes subject to a
proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against such Initial Purchaser are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S.
Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States. 

  
 24 

 For purposes of this Section 19, a “BHC Act Affiliate” has the meaning
assigned to the term “affiliate” in, and shall be interpreted in accordance with, 12 U.S.C. § 1841(k). “Covered Entity” means any of the following: (i) a “covered entity” as that term is defined in, and
interpreted in accordance with, 12 C.F.R. § 252.82(b); (ii) a “covered bank” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 47.3(b); or (iii) a “covered FSI” as that term is defined in,
and interpreted in accordance with, 12 C.F.R. § 382.2(b). “Default Right” has the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. §§ 252.81, 47.2 or 382.1, as applicable.
“U.S. Special Resolution Regime” means each of (i) the Federal Deposit Insurance Act and the regulations promulgated thereunder and (ii) Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the
regulations promulgated thereunder. 
 SECTION 20.    Patriot Act. In accordance with the requirements of
the USA Patriot Act (Title III of Pub. L, 107-56 (signed into law October 26, 2001)), the Initial Purchasers are required to obtain, verify and record information that identifies their clients, which may
include the name and address of their clients, as well as other information that will allow the Initial Purchasers to properly identify their clients. 

SECTION 21.    General Provisions. This Agreement constitutes the entire agreement of the parties to this
Agreement and supersedes all prior written or oral and all contemporaneous oral agreements, understandings and negotiations with respect to the subject matter hereof. This Agreement may be executed in two or more counterparts, each one of which
shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. Any signature to this Agreement may be delivered by facsimile, electronic mail (including pdf) or any electronic signature complying
with the U.S. federal ESIGN Act of 2000 or the New York Electronic Signature and Records Act or other transmission method and any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid and effective for all
purposes to the fullest extent permitted by applicable law. Each of the parties represents and warrants to the other parties that it has the corporate or other capacity and authority to execute this Agreement through electronic means and there are
no restrictions for doing so in that party’s constitutive documents. This Agreement may not be amended or modified unless in writing by all of the parties hereto, and no condition herein (express or implied) may be waived unless waived in
writing by each party whom the condition is meant to benefit. The section headings herein are for the convenience of the parties only and shall not affect the construction or interpretation of this Agreement. 

[SIGNATURE PAGES TO FOLLOW] 

  
 25 

 If the foregoing is in accordance with your understanding of our agreement, kindly sign and
return to the Company the enclosed copies hereof, whereupon this instrument, along with all counterparts hereof, shall become a binding agreement in accordance with its terms. 

 

			
	Very truly yours,
	
	SILGAN HOLDINGS INC.
		
	By:	 	 /s/ Frank W. Hogan, III

	Name:	 	Frank W. Hogan, III
	Title:	 	Senior Vice President, General Counsel and Secretary
	
	SILGAN HOLDINGS LLC
	SILGAN CORPORATION
		
	By:	 	 /s/ Frank W. Hogan, III

	Name:	 	Frank W. Hogan, III
	Title:	 	Senior Vice President, General Counsel and Secretary
	
	SILGAN CONTAINERS LLC
	SILGAN PLASTICS LLC
	SILGAN WHITE CAP LLC
	 SILGAN CONTAINERS MANUFACTURING CORPORATION

	SILGAN PLASTICS CORPORATION
	SILGAN TUBES HOLDING COMPANY
	SILGAN WHITE CAP CORPORATION
	 SILGAN CLOSURES INTERNATIONAL HOLDING COMPANY

	SILGAN WHITE CAP AMERICAS LLC
	SILGAN EQUIPMENT COMPANY
	SILGAN IPEC CORPORATION
	 SILGAN PLASTIC FOOD CONTAINERS CORPORATION

	PORTOLA PACKAGING LLC
	 SILGAN DISPENSING SYSTEMS HOLDINGS COMPANY

	 SILGAN DISPENSING SYSTEMS CORPORATION

	 SILGAN DISPENSING SYSTEMS SLATERSVILLE LLC

  
 [Silgan – Signature
Page to Purchase Agreement] 

 
	
	SILGAN DISPENSING SYSTEMS THOMASTON
	 CORPORATION

	SILGAN DISPENSING SYSTEMS METAL
	 HOLDINGS CORPORATION

	SILGAN DISPENSING SYSTEMS METAL REAL
	 ESTATE CORPORATION

	SILGAN DISPENSING SYSTEMS COVIT
	 AMERICA CORPORATION

  

			
	By:	 	 /s/ Frank W. Hogan, III

	Name:	 	Frank W. Hogan, III
	Title:	 	Vice President

 [Silgan – Signature Page to Purchase Agreement] 

 The foregoing Purchase Agreement is hereby confirmed and accepted by the Initial Purchasers
as of the date first above written. 
  

			
	WELLS FARGO SECURITIES, LLC
	
	 Acting on behalf of itself
 and as a
Representative of
 the several Initial Purchasers

  

			
		
	 By:
	 	/s/ Carolyn Hurley
	 Name:
	 	Carolyn Hurley
	 Title:
	 	Managing Director

  
 [Silgan – Signature Page to Purchase
Agreement] 

 The foregoing Purchase Agreement is hereby confirmed and accepted by the Initial Purchasers
as of the date first above written. 
  

	
	BOFA SECURITIES, INC.
	
	Acting on behalf of itself and as a Representative of the several Initial Purchasers

  

			
		
	 By:
	 	/s/ Happy H. Daily
	 Name:
	 	Happy H. Daily
	 Title:
	 	Managing Director

 [Silgan – Signature Page to Purchase Agreement]Exhibit 10.1

      

      

      

    

    
      Execution Version

       

      INCREMENTAL AMENDMENT NO. 1

       

      INCREMENTAL AMENDMENT NO. 1, dated as of February 2, 2021 (this “Amendment”), is entered into by and among ONE WATER ASSETS & OPERATIONS, LLC, a Delaware limited liability company (the “Borrower”),

        ONE WATER MARINE HOLDINGS, LLC, a Delaware limited liability company (“Holdings”), ONEWATER MARINE INC., a Delaware corporation (the “Parent”), each of the other Guarantors party hereto, each of the financial institutions set forth on
        Schedule I hereto under the heading “2021 Incremental Term Lender” (each, a “2021 Incremental Term Lender” and, collectively, the “2021 Incremental Term Lenders”), the other Lenders party hereto and TRUIST BANK, as
        Administrative Agent.

       

      WHEREAS, reference is made to that certain Credit Agreement, dated as of July 22,  2020 (as amended, restated, supplemented or otherwise modified from time to time to, but not including, the date
        hereof, the “Credit Agreement”), by and among the Borrower, Holdings, Parent, the other Guarantors from time to time party thereto, the Lenders and Issuing Banks from time to time party thereto and Truist Bank, as Administrative Agent,
        Collateral Agent, a Lender, an Issuing Bank and Swingline Lender; capitalized terms used in this Amendment but not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement;

      

      

      WHEREAS, pursuant to Section 2.23 of the Credit Agreement, the Borrower has requested (which request hereunder shall serve as notice pursuant to Section 2.23(a) of the Credit Agreement) an
        Incremental Term Loan facility (the “2021 Incremental Term Facility”) pursuant to which the 2021 Incremental Term Lenders will make Incremental Term Loans (the “2021 Incremental Term Loans”) to the Borrower on the Amendment Effective
        Date (as defined below) in an aggregate principal amount equal to $30,000,000, which 2021 Incremental Term Loans will be added to, and constitute a part of, the existing Class of Initial Term Loans;

       

      WHEREAS, the Borrower intends to utilize the proceeds of the 2021 Incremental Term Loans, along with cash on the balance sheet, to (i) repay outstanding Revolving Loans in an aggregate principal
        amount of up to $30,000,000, and (ii) pay the fees, costs and expenses incurred in connection with the foregoing (the transactions described in this recital being collectively referred to herein as the “Transactions”);

       

      WHEREAS, the 2021 Incremental Term Lenders are willing to provide the requested 2021 Incremental Term Facility to the Borrower on the Amendment Effective Date on the terms and subject to the
        conditions set forth herein;

      

      

      WHEREAS, as contemplated by Section 2.23 of the Credit Agreement, (x) the parties hereto have agreed, subject to the conditions set forth herein, to amend certain terms of the Credit Agreement as
        hereinafter provided to give effect to the incurrence of the 2021 Incremental Term Loans, and (y) this Amendment constitutes an amendment of the kind referenced in Section 2.23(e) and the last paragraph of Section 11.2 of the Credit Agreement (an “Incremental

          Amendment”) and a “Loan Document” for all purposes of the Credit Agreement and the other Loan Documents;

       

      WHEREAS, the Borrower has requested that the Administrative Agent and the Lenders party hereto (which Lenders constitute all Lenders holding Initial Term Loans immediately prior to giving effect to
        the Amendment Effective Date) agree to certain amendments to the Credit Agreement, as more fully set forth herein;

      

      

      WHEREAS, the Administrative Agent and the Lenders party hereto are willing to agree to such amendments, subject to and in accordance with the terms and conditions set forth herein; and

       

      

      
        
          

      

      
      WHEREAS, pursuant to that certain engagement letter, dated January 13, 2021 (the “Engagement Letter”), entered into by the Borrower and Truist Securities, Inc. (“Truist Securities”)
        with respect to the 2021 Incremental Term Facility, Truist Securities shall act as lead arranger and bookrunner, in each case, with respect to this Amendment and the 2021 Incremental Term Facility (in such capacity, the “2021 Incremental Lead
          Arranger”).

      

      

      NOW, THEREFORE, in consideration of the mutual agreements herein contained and other good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the parties
        hereto agree as follows:

      

      

      SECTION 1.  2021 Incremental Term Loans.

      

      

      (a)          Subject to the terms and conditions set forth herein and in the Credit Agreement, each 2021 Incremental Term Lender agrees to make
        a 2021 Incremental Term Loan denominated in dollars to the Borrower on the Amendment Effective Date in an aggregate principal amount equal to the amount set forth opposite such 2021 Incremental Term Lender’s name on Schedule I hereto (such
        amount for such 2021 Incremental Term Lender, its “2021 Incremental Term Commitment” and all such amounts for all 2021 Incremental Term Lenders, collectively, the “2021 Incremental Term Commitments”). The  proceeds of the 2021
        Incremental Term Loans shall be used by the Borrower for the purposes set forth in the recitals to this Amendment.

       

      (b)         The 2021 Incremental Term Loans shall be funded as an increase of the Initial Term Loans. The 2021 Incremental Term Loans shall
        constitute, and be considered to be part of, the same Class of Term Loans as the Initial Term Loans for all purposes of the Loan Documents (except for purposes of Sections 2.1(v) and 5.10 (the first sentence only) of the Credit Agreement) and shall
        be on the same terms (including interest rates but (subject to Section 2.23(c)(v) of the Credit Agreement) excluding upfront  fees, original issue discount and other similar amounts) and pursuant to the same documentation (other than this
        Amendment) applicable to the Initial Term Loans under the Credit Agreement and the other Loan Documents. Immediately upon the incurrence of the Incremental Term Loans on the Amendment Effective Date, (i) the 2021 Incremental Term Loans shall be
        added to (and form part of) each Borrowing of existing Initial Term Loans outstanding under the Credit Agreement immediately prior to the effectiveness of this Amendment on a pro rata basis (based on the principal amount of each outstanding
        Borrowing), so that each Lender with Initial Term Loans (including the 2021 Incremental Term Loans) will participate proportionately in each then outstanding Borrowing of Initial Term Loans, (ii) the 2021 Incremental Term Loans shall constitute a
        single Class of Term Loans with the Initial Term Loans (and shall be fully fungible with the existing Initial Term Loans), and (iii) the 2021 Incremental Term Loans shall be secured by identical collateral and guarantied on identical terms as the
        existing Initial Term Loans. On and after the Amendment Effective Date, (i) each reference in the Loan Documents to the “Term Loan Commitments” and the “Commitments” shall be deemed to include and be a reference to the 2021 Incremental Term
        Commitments, (ii) each reference in the Loan Documents to the “Initial Term Loans” (other than for purposes of Sections 2.1(v), 2.5 and 5.10 (the first sentence only) of the Credit Agreement), “Term Loans” and the “Loans” shall be deemed to include
        and be a reference to the 2021 Incremental Term Loans and (iii) each reference in the Loan Documents to the “Lenders” shall be deemed to include and be a reference to the 2021 Incremental Term Lenders.

      

      

      (c)         The 2021 Incremental Term Loans shall be made as a single borrowing on the Amendment Effective Date. Amounts repaid or prepaid in
        respect of the 2021 Incremental Term Loans may not be reborrowed. Each 2021 Incremental Term Lender’s 2021 Incremental Term Commitment  shall terminate automatically on the Amendment Effective Date immediately after giving effect to the funding of
        such 2021 Incremental Term Lender’s 2021 Incremental Term Loans.

       

      

      
        2

        
          

      

      (d)         The maturity date for the 2021 Incremental Term Loans shall be the Maturity Date. The 2021 Incremental Term Loans shall be
        Eurodollar Loans and shall have an initial Interest Period that commences on the Amendment Effective Date and ends on the last day of the Interest Period then in  effect for the Initial Term Loans immediately prior to the Amendment Effective Date.

      

      

      (e)          The execution of this Amendment shall satisfy the requirements of Section 2.23 of  the Credit Agreement regarding the delivery of
        a request with respect to the establishment of the 2021 Incremental Term Facility contemplated by this Amendment.

      

      

      (f)          The Borrower hereby designates that the 2021 Incremental Term Loans are being incurred in reliance on clause (ii) of the
        definition of “Incremental Amount”.

      

      

      SECTION 2. Amendments to Credit Agreement. Subject to the satisfaction (or waiver in writing by the 2021 Incremental Term Lenders, the
        other Lenders party hereto and the Administrative Agent) of the conditions set forth in Section 4 hereof, in accordance with Sections 2.23 and Section 11.2 of the Credit Agreement, the Credit Agreement is hereby amended as follows:

       

      (a)         Section 1.1 of the Credit Agreement is hereby amended by (i) adding in the appropriate alphabetical order the following new
        definitions:

      

      

      “2021 Incremental Term Commitment” has the meaning assigned to such term in the First Amendment.

      

      

      “2021 Incremental Term Lenders” has the meaning assigned to such term in the First Amendment.

       

      “2021 Incremental Term Loans” has the meaning assigned to such term in the First Amendment.

      

      

      “First Amendment” means that certain Incremental Amendment No. 1, dated as  of February 2, 2021, by and among the Borrower, Holdings, Parent, the other Guarantors party
        thereto, the Administrative Agent, the 2021 Incremental Term Lenders party thereto and the other Lenders party thereto.

      

      

      “First Amendment Effective Date” has the meaning assigned to the term “Amendment Effective Date” in the First Amendment.

       

      and (ii) replacing the definition of “Initial Term Loans” in its entirety with the following definition: 

       

      

      “Initial Term Loans”  means, collectively, the  Loans made  on the  Closing  Date pursuant to Section 2.5 and the Incremental Term Loans made on the First Amendment Effective Date pursuant to
        the First Amendment.

      

      

      (b)       Section 2.1 of the Credit Agreement is hereby amended by deleting the word “and” before clause (v) thereof and inserting the
        following new clause (vi) at the end thereof: “and (vi) each 2021 Incremental Term Lender severally agrees to make its portion of the 2021 Incremental Term Loans to the Borrower on the First Amendment Effective Date in a principal amount not
        exceeding such 2021 Incremental Term Lender’s 2021 Incremental Term Commitment.”

       

      (c)          Section 2.5 of the Credit Agreement is hereby amended and restated in  its entirety as follows:

       

      

      
        3

        
          

      

      Section 2.5. Initial Term Loan Commitments. Subject to the terms and conditions set forth herein, (i) each Lender severally agrees to
        make its portion of the Initial Term  Loans to the Borrower on the Closing Date in a principal amount equal to the Initial Term Loan Commitment of such Lender and (ii) each 2021 Incremental Term Lender severally agrees to make its portion of the
        2021 Incremental Term Loans to the Borrower on the First Amendment Effective Date in a principal amount not exceeding such 2021 Incremental Term Lender’s 2021 Incremental Term Commitment. The Initial Term  Loans may be, from time to time, Base Rate
        Loans or Eurodollar Loans or a combination thereof.

      

      

      (d)         Section 2.8 of the Credit Agreement is hereby amended by inserting the following new sentence at the end thereof: “The 2021
        Incremental Term Commitments shall terminate on the First Amendment Effective Date upon the making of the 2021 Incremental Term Loans pursuant to Section 2.5(ii).”

      

      

      (e)        The amortization table in Section 2.9(b) of the Credit Agreement is hereby amended and restated in its entirety as follows:

       

      	 	
              Installment Date

            	 	
              Aggregate Principal Amount

            	 
	 	
              March 31, 2021

            	 	
              $

            	
              1,375,000

            	 
	 	
              June 30, 2021

            	 	
              $

            	
              1,375,000

            	 
	 	
              September 30, 2021

            	 	
              $

            	
              1,375,000

            	 
	 	
              December 31, 2021

            	 	
              $

            	
              1,375,000

            	 
	 	
              March 31, 2022

            	 	
              $

            	
              1,375,000

            	 
	 	
              June 30, 2022

            	 	
              $

            	
              1,375,000

            	 
	 	
              September 30, 2022

            	 	
              $

            	
              1,375,000

            	 
	 	
              December 31, 2022

            	 	
              $

            	
              1,375,000

            	 
	 	
              March 31, 2023

            	 	
              $

            	
              2,065,500

            	 
	 	
              June 30, 2023

            	 	
              $

            	
              2,065,500

            	 
	 	
              September 30, 2023

            	 	
              $

            	
              2,065,500

            	 
	 	
              December 31, 2023

            	 	
              $

            	
              2,065,500

            	 
	 	
              March 31, 2024

            	 	
              $

            	
              2,750,000

            	 
	 	
              June 30, 2024

            	 	
              $

            	
              2,750,000

            	 
	 	
              September 30, 2024

            	 	
              $

            	
              2,750,000

            	 
	 	
              December 31, 2024

            	 	$	
              2,750,000

            	 
	 	
              March 31, 2025

            	 	$	
              2,750,000

            	 
	 	
              June 30, 2025

            	 	$	
              2,750,000

            	 
	 	
              Maturity Date

            	 	 	
              Remaining outstanding principal amount of Initial Term Loans

            	 

      
         

        

      

      
        4

        
          

      

      
      (f)          Section 5.10 of the Credit Agreement is hereby amended by inserting the following new sentence at the end thereof:

       

      “The proceeds of the 2021 Incremental Term Loans will be used on the First Amendment Effective Date to (i) repay
        outstanding Revolving Loans in an aggregate principal amount of up to $30,000,000, (ii) pay accrued and unpaid interest on the outstanding Initial Term Loans and Revolving Loans through the date immediately prior to the Amendment Effective Date and
        (iii) pay the fees, costs and expenses incurred in connection with the foregoing.”

      

      

      SECTION 3. Representations and Warranties. To induce the 2021 Incremental Term Lenders, all other Lenders and the Administrative Agent
        to enter into this Amendment and to induce the 2021 Incremental Term Lenders to make the 2021 Incremental Term Loans, each Loan Party represents and warrants to the 2021 Incremental Term Lenders, the Lenders and the Administrative Agent as of the
        Amendment Effective Date as follows:

       

      (a)       Each Loan Party has the requisite power and authority to execute and deliver this Amendment and perform its obligations under this
        Amendment and the Credit Agreement (as amended by this Amendment). The execution and delivery of this Amendment and performance by such Loan Party of its obligations under this Amendment and the Credit Agreement (as amended by this Amendment) have
        been duly authorized by all necessary corporate or other organizational action of such Loan Party. This Amendment has been duly executed and delivered by each Loan Party. Each of this Amendment and the Credit Agreement as amended hereby is a legal,
        valid and binding obligation of such Loan Party, enforceable against such Loan Party in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and
        subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

      

      

      (b)        The representations and warranties of each Loan Party set forth in the Loan Documents are true and correct in all material respects
        on and as of the Amendment Effective Date; provided that, to the extent that such representations and warranties specifically refer to an earlier date, they are true and correct in all material respects as of such earlier date; provided

          further that any representation and warranty that is qualified as to “materiality,” “Material Adverse Effect” or similar language is true and correct in all respects on the Amendment Effective Date or on such earlier date, as the case may
        be.

      

      

      (c)         At the time of and immediately after giving effect to the 2021 Incremental Term Facility, no Default or Event of Default shall have
        occurred and be continuing.

       

      

      
        5

        
          

      

      (d)          All proceeds of the 2021 Incremental Term Loans will be used for the purposes set forth in Section 1(a) hereof.

      

      

      SECTION 4. Effectiveness. The effectiveness of this Amendment, and each 2021 Incremental Term Lender’s obligation to make its 2021
        Incremental Term Loan on the Amendment Effective Date pursuant to this Amendment, shall be subject to the satisfaction (or waiver by the Administrative Agent, the 2021 Incremental Term Lenders and the other Lenders party hereto) of the following
        conditions (the date of such effectiveness, the “Amendment Effective Date”):

      

      

      (a)        The Administrative Agent (or its counsel) shall have received from each Loan Party named on the signature pages hereto, the
        Administrative Agent, each 2021 Incremental Term Lender and 100% of the Lenders holding Initial Term Loans immediately prior to giving effect to this Amendment either (i) a counterpart of this Amendment signed on behalf of such party or (ii)
        written evidence satisfactory to the Administrative Agent (which may include facsimile or other electronic transmission of a signed counterpart of this Amendment) that such party has signed a counterpart of this Amendment.

      

      

      (b)          The Administrative Agent shall have received a customary written opinion  (addressed to the Administrative Agent and the 2021
        Incremental Term Lenders and dated the Amendment Effective Date) of counsel to the Loan Parties, in form and substance reasonably satisfactory to the Administrative Agent.

      

      

      (c)         The Administrative Agent shall have received a certificate of each Loan Party, dated as of the Amendment Effective Date, in form
        and substance reasonably satisfactory to the Administrative Agent with appropriate insertions, executed by any Responsible Officer of such Loan Party, and including or attaching the documents referred to in paragraph (d) of this Section 4.

      

      

      (d)        The Administrative Agent shall have received, as to each Loan Party, (i) either (x) a copy of each Organizational Document of such
        Loan Party certified, to the extent applicable, as of a recent date by the applicable Governmental Authority or (y) written certification by a Responsible Officer of such Loan Party that the Organizational Documents of such Loan Party most recently
        certified and delivered to the Administrative Agent prior to the Amendment Effective Date pursuant to the Credit Agreement remain in full force and effect on the Amendment Effective Date without modification or amendment since the date of such
        prior delivery, (ii) either (x) signature and incumbency certificates of the Responsible Officers of such Loan Party executing this Amendment or (y) written certification by a Responsible Officer of such Loan Party that the signature and incumbency
        certificates of such Loan Party most recently delivered to the Administrative Agent prior to the Amendment Effective Date pursuant to the Credit Agreement remain true and correct as of the Amendment Effective Date, (iii) resolutions of the Board of
        Directors of such Loan Party approving and authorizing the execution, delivery and performance of this Amendment, certified as of the Amendment Effective Date by its secretary, an assistant secretary  or a Responsible Officer as being in full force
        and effect without modification or amendment, and (iv) a good standing certificate (to the extent such concept exists) from the applicable Governmental Authority of such Loan Party’s jurisdiction of incorporation, organization or formation.

      

      

      (e)         The Administrative Agent shall have received a Notice of Borrowing in accordance with the requirements of Section 2.3 of the Credit
        Agreement.

       

      (f)          The Administrative Agent shall have received a solvency certificate executed by a chief financial officer or treasurer of the
        Borrower, dated as of the Amendment Effective Date, substantially consistent with the solvency certificate delivered on the Closing Date.

       

      

      
        6

        
          

      

      (g)        The Administrative Agent and the 2021 Incremental Lead Arranger shall have received all costs, fees and expenses (including, without
        limitation, legal fees and expenses) required to  be paid on the Amendment Effective Date pursuant to this Amendment or the Engagement Letter, in the case of costs and expenses, to the extent invoiced at least two (2) Business Days (or such shorter
        period as the Borrower may agree) prior to the Amendment Effective Date.

      

      

      (h)          The 2021 Incremental Term Lenders shall have received, at least three days prior to the Amendment Effective Date, (x) all
        documentation and other information about the Loan Parties as shall have been reasonably requested in writing at least ten days prior to the Amendment Effective Date by the 2021 Incremental Term Lenders that they shall have reasonably determined is
        required by bank regulatory authorities under applicable “know-your-customer” and anti-money laundering rules and regulations, including the PATRIOT Act and the Beneficial Ownership Regulation and (y) to the extent the Borrower qualifies as a
        “legal entity customer” under the Beneficial Ownership Regulation, a Beneficial Ownership Certification in relation to the Borrower.

       

      (i)          Immediately after giving effect to the making of the 2021 Incremental Term Loans on the Amendment Effective Date, the use of
        proceeds thereof and all pro forma adjustments related thereto (but without “netting” the cash proceeds of the 2021 Incremental Term Loans), the Consolidated  Leverage Ratio does not exceed 2.00:1.00.

      

      

      (j)          Concurrently with the funding of the 2021 Incremental Term Loans, the Borrower shall have paid (or caused to be paid) to the
        Administrative Agent for the account of each Lender with outstanding Initial Term Loans and/or Revolving Loans on, and immediately prior to, the Amendment Effective Date all accrued but unpaid interest owing on the Initial Term Loans and Revolving
        Loans, as applicable, through the date immediately prior to the Amendment Effective Date.

       

      (k)          The Administrative Agent shall have received a certificate executed by the chief financial officer or the treasurer of the
        Borrower, dated as of the Amendment Effective Date, certifying as to the satisfaction of the conditions referred to in the preceding clause (i) of this Section 4 (setting forth reasonably detailed calculations thereof).

       

      
         (l)           The representations and warranties of the Loan Parties set forth in Section 3 above are true and correct.

      

      

      

      (m)        The Borrower shall have paid (or shall, out of the proceeds of the 2021 Incremental Term Loans, simultaneously pay) to the 2021
        Incremental Lead Arranger, for the account of each 2021 Incremental Term Lender on a pro rata basis in accordance with their final allocated commitments in respect of the 2021 Incremental Term Facility, an upfront fee in respect of the 2021
        Incremental Term Loans in an amount equal to 0.50% multiplied by the aggregate principal amount of the 2021 Incremental Term Loans funded on the Amendment Effective Date by the 2021 Incremental Term
        Lenders; provided, in each case, that at the option of any 2021 Incremental Term Lender, such upfront fee may be deducted from the gross proceeds of the 2021 Incremental Term Loans funded by such 2021 Incremental Term Lender on the
        Amendment Effective Date.

       

      

      
        7

        
          

      

      SECTION 5.  Effect on Credit Agreement; Reaffirmation.

       

      (a)          Except as expressly set forth herein, this Amendment (x) shall not by implication or otherwise limit, impair, constitute a waiver
        of or otherwise affect the rights and remedies of the Lenders, the Administrative Agent, the Borrower or any other Loan Party under the Credit Agreement or any other Loan Document and (y) shall not alter, modify, amend or in any way affect any of
        the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other Loan Document, all of which are ratified and affirmed in all respects and shall continue in full force and effect. Each Loan Party
        acknowledges that it expects to receive substantial direct and indirect benefits as a result of this Amendment and the transactions contemplated hereby and (i) reaffirms its obligations under the Credit Agreement and each other Loan Document to
        which it is a party, in each case, as modified by this Amendment, (ii) reaffirms all Liens on the Collateral which have been granted by it in favor of the Administrative Agent for the benefit of the Secured Parties pursuant to the Loan Documents,
        (iii) acknowledges and agrees that the grants of security interests by and the guarantees of the Loan Parties contained in the Loan Documents are, and shall remain, in full force and effect immediately after giving effect to this Amendment, and
        (iv) acknowledges that, from and after the Amendment Effective Date, the 2021 Incremental Term Loans shall constitute Obligations. This Amendment shall constitute an “Incremental Amendment” and a “Loan Document” for all purposes of the Credit
        Agreement and the other Loan Documents.

      

      

      (b)       Each subsidiary of the Borrower party hereto (each, a “Subsidiary Guarantor”) acknowledges and agrees that (i) notwithstanding
        the conditions to effectiveness set forth in this Amendment, such Subsidiary Loan Party is not required by the terms of the Credit Agreement or any other Loan Document to consent to this Amendment and (ii) nothing in the Credit Agreement, this
        Amendment or any other Loan Document shall be deemed to require the consent of such Subsidiary Loan Party to any future amendment, consent or waiver of the terms of the Credit Agreement.

       

      

      SECTION 6.  Governing Law; Submission to Jurisdiction and Waivers; Waiver of Jury Trial.

       

      (a)        This Amendment and any claim, dispute, cause of action or proceeding (whether based in contract, tort or otherwise) based upon,
        arising out of, connected with, or relating to, this Amendment, and the rights and obligations of the parties hereto, shall be governed by and construed and interpreted in accordance with, the laws of the State of New York without regard to
        principles of conflicts of law.

       

      (b)        Each party hereto hereby irrevocably and unconditionally submits, for itself and its property, to the exclusive jurisdiction of the
        Supreme Court of the State of New York sitting in New York County and of the United States District Court of the Southern District of New York sitting in New York County, and any appellate court from any thereof, in any action or proceeding arising
        out of or relating to this Amendment, or for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may be heard and
        determined in such New York State court or, to the extent permitted by law, in such Federal court. Each of the parties hereto agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other
        jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this Amendment shall affect any right that the Administrative Agent, any Issuing Bank or any Lender may otherwise have to bring any action or proceeding
        relating to this Amendment against Holdings or the Borrower or their respective properties in the courts of any jurisdiction.

       

      (c)          Each party hereto hereby irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, any
        objection that it may now or hereafter have to the laying of venue of any suit, action or proceeding described in paragraph (b) of this Section 6 and brought in any court referred to in paragraph (b) of this Section 6. Each of the parties hereto
        hereby irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court.

       

      

      
        8

        
          

      

      (d)          Each party to this Amendment irrevocably consents to service of process in the manner provided for notices in Section 11.1 of the
        Credit Agreement. Nothing in this Amendment will affect the right of any party hereto to serve process in any other manner permitted by law.

      

      

      (e)          EACH PARTY HERETO HEREBY 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 AMENDMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (i) CERTIFIES  THAT NO REPRESENTATIVE, AGENT OR
        ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, AND (ii) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO
        ENTER INTO THIS AMENDMENT BY, AMONG OTHER THINGS, THE  MUTUAL  WAIVERS AND CERTIFICATIONS IN THIS SECTION.

      

      

      SECTION 7. Counterparts; Integration; Effectiveness; Amendment. This Amendment may be executed in counterparts (and by different parties
        hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Amendment, the Credit Agreement, the other Loan Documents and any separate letter
        agreements with respect to fees payable to the Administrative Agent or any Lenders constitute the entire contract among the parties relating to the subject matter hereof and supersede any and all previous agreements and understandings, oral or
        written, relating to the subject matter hereof. This Amendment shall become effective in accordance with the terms of Section 4 hereof 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 of this Amendment by facsimile or other electronic means shall be effective as delivery of a manually executed counterpart of this Amendment. This Amendment may not  be
        amended nor may any provision hereof be waived except in accordance with Section 11.2 of the Credit Agreement. The words “execution,” “execute,” “signed,” “signature,” and words of like import in or related to this Amendment or any other document
        to be signed in connection with this Amendment and the transactions contemplated hereby shall be deemed to include electronic signatures, the electronic matching of assignment terms and contract formations on electronic platforms approved by the
        Administrative Agent, or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature or the use of a paper-based recordkeeping system, as the case may be,
        to the extent and as provided for in any applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, or any other similar state laws based on the Uniform
        Electronic Transactions Act; provided that notwithstanding anything contained herein to the contrary, the Administrative Agent is under no obligation to agree to accept electronic signatures in any form or in any format unless expressly agreed to
        by the Administrative Agent pursuant to procedures approved by it.

      

      

      SECTION 8. Severability.  Any provision of this Amendment 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 9. Headings. Article and Section headings used herein are for convenience of reference only, are not part of this Amendment
        and shall not affect the construction of, or be taken into consideration in interpreting, this Amendment.

       

      

      [Signature Pages Follow]

        

      

      
        
          

      

       

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

      

      

      	
              PARENT:

            	
              ONEWATER MARINE INC.,

            
	 	
              as the Parent

            
	 	 
	 	
              By:

            	
              /s/ Philip Austin Singleton, Jr.

            	 
	 	
              Name: Philip Austin Singleton, Jr.

            
	 	
              Title: CEO

            
	 	 
	
              HOLDINGS:

            	
              ONE WATER MARINE HOLDINGS, LLC,

            
	 	
              as Holdings

            
	 	 
	 	
              By:

            	
              /s/ Philip Austin Singleton, Jr.

            	 
	 	
              Name: Philip Austin Singleton, Jr.

            
	 	
              Title: CEO

            
	 	 
	
              BORROWER:

            	
              ONE WATER ASSETS & OPERATIONS, LLC,

            
	 	
              as the Borrower

            
	 	 
	 	
              By:

            	
              /s/ Philip Austin Singleton, Jr.

            	 
	 	
              Name: Philip Austin Singleton, Jr.

            
	 	
              Title: CEO

            
	 	 
	
              GUARANTORS:

            	
              SINGLETON ASSETS & OPERATIONS, LLC

            
	 	
              LEGENDARY ASSETS & OPERATIONS, LLC

            
	 	
              SOUTH FLORIDA ASSETS & OPERATIONS, LLC

            
	 	
              MIDWEST ASSETS & OPERATIONS, LLC

            
	 	
              SOUTH SHORE LAKE ERIE ASSETS &

            
	 	
              OPERATIONS, LLC

            
	 	
              BOSUN’S ASSETS & OPERATIONS, LLC,

            
	 	
              as Guarantors

            
	 	 	 
	 	
              By:

            	
              /s/ Philip Austin Singleton, Jr.

            	 
	 	
              Name: Philip Austin Singleton, Jr.

            
	 	
              Title: Manager

            

      

      

      
        [OneWater – Incremental Amendment No. 1 Signature Page]

         

        

      

      
        
          

      

      	 	
              TRUIST BANK,

            
	 	
              as Administrative Agent and a 2021 Incremental Term Lender

            
	 	 
	 	
              By:

            	
              /s/ Tesha Winslow

            	 
	 	
              Name: Tesha Winslow

            
	 	
              Title: Director

            

      

      

      
        [OneWater – Incremental Amendment No. 1 Signature Page]

      

      

      

      
        
          

      

      	 	
              STIFEL BANK & TRUST,

            
	 	
              as a 2021 Incremental Term Lender

            
	 	 
	 	
              By:

            	
              /s/ Tim Howard

            	 
	 	
              Name: Tim Howard

            
	 	
              Title: VP – C&I Lending

            

      

      

      
        [OneWater – Incremental Amendment No. 1 Signature Page]

         

        

      

      
        
          

      

      	 	
              IBERIABANK, a division of First Horizon Bank,

            
	 	
              as a 2021 Incremental Term Lender

            
	 	 
	 	
              By:

            	
              /s/ Donald W. Dobbins, Jr.

            	 
	 	
              Name: Donald W. Dobbins, Jr.

            
	 	
              Title: SVP

            

      
         

        

        [OneWater – Incremental Amendment No. 1 Signature Page]

         

        

      

      
        
          

      

      	 	
              BBVA USA,

            
	 	
              as a 2021 Incremental Term Lender

            
	 	 
	 	
              By:

            	
              /s/ John Whittenburg

            	 
	 	
              Name: John Whittenburg

            	 
	 	
              Title: SVP

            	 

      
         

        

        [OneWater – Incremental Amendment No. 1 Signature Page]

         

        

      

      
        
          

      

      	 	
              SYNOVUS BANK,

            
	 	
              as a 2021 Incremental Term Lender

            
	 	 
	 	
              By: 

              

            	/s/ Robert Haley	 
	 	
              Name: Robert Haley

            
	 	
              Title: Corporate Banker

            

      
         

        

        [OneWater – Incremental Amendment No. 1 Signature Page]

         

        

      

      
        
          

      

      	 	
              KEYBANK NATIONAL ASSOCIATION,

            
	 	
              as a 2021 Incremental Term Lender

            
	 	  
	 	
              By: 

            	/s/ Jason A Nichols	 
	 	
              Name: Jason A Nichols

            
	 	
              Title: Vice President

            

      

      

      
        [OneWater – Incremental Amendment No. 1 Signature Page]

         

        

      

      
        
          

      

      	 	
              HANCOCK WHITNEY,

            
	 	
              as a Lender

            
	 	 
	 	
              By:

            	
              /s/ Jennifer Pelham

            	 
	 	
              Name: Jennifer Pelham

            
	 	
              Title: Senior Vice President

            

      
         

        

        [OneWater – Incremental Amendment No. 1 Signature Page]

         

        

      

      
        
          

      

      SCHEDULE I

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