Document:

EX-10.4

 Exhibit 10.4 

Execution Version 
 AMENDMENT
NO. 3 TO FIRST LIEN CREDIT AGREEMENT 
 This AMENDMENT NO. 3 TO FIRST LIEN CREDIT AGREEMENT, dated as of June 13, 2019 (this
“Amendment”), is entered into by and among McAfee, LLC, a Delaware limited liability company (the “Borrower”), the Guarantors party hereto, the Lenders party hereto, Morgan Stanley Senior Funding, Inc.
(“MSSF”), as administrative agent (the “Administrative Agent”) and Bank of America, N.A., as 2019 Term B Euro Incremental Lender (as defined in Exhibit A) and 2019 Term B USD Incremental Lender (as defined in
Exhibit A). Capitalized terms used and not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement. 

PRELIMINARY STATEMENTS: 
 WHEREAS, the
Borrower, McAfee Finance 2, LLC, a Delaware limited liability company (“Holdings”), the Administrative Agent and the lenders from time to time party thereto are party to that certain First Lien Credit Agreement, dated as of
September 29, 2017 (as amended, supplemented or otherwise modified prior to the date hereof, the “Credit Agreement”; capitalized terms not otherwise defined in this Amendment have the same meanings as specified in the Credit
Agreement); 
 WHEREAS, Section 10.01 of the Credit Agreement provides that the relevant Loan Parties and the Required Lenders may
amend the Credit Agreement and the other Loan Documents for certain purposes, including to permit additional extensions of credit to be included in the Credit Agreement; 

WHEREAS, (i) pursuant to Section 2.14(1) of the Credit Agreement, the Borrower has delivered a request for a Term Loan Increase to
the Administrative Agent in an aggregate principal Euro-denominated amount of €355,000,000 and (ii) the Borrower has requested that on the Amendment No. 3 Effective Date the financial institution signatory hereto as the 2019 Term B
Euro Incremental Lender provide, pursuant to Section 2.14(4)(c) of the Credit Agreement, a 2019 Term B Euro Incremental Commitment (as defined in Exhibit A) under the Amended Credit Agreement, and make 2019 Term B Euro Incremental Loans
(as defined in Exhibit A) as a Term Loan Increase of the Term B Euro Loans, which 2019 Term B Euro Incremental Loans will be of the same Class as the Term B Euro Loans, in an aggregate principal amount equal to €355,000,000 on the
Amendment No. 3 Effective Date, the proceeds of which will be used by the Borrower to pay a dividend to certain equity holders of the Borrower, and each 2019 Term B Euro Incremental Lender is prepared to provide its 2019 Term B Euro Incremental
Commitment and to make the 2019 Term B Euro Incremental Loans pursuant to the Amended Credit Agreement in the principal amount set forth opposite such 2019 Term B Euro Incremental Lender’s name under the heading “2019 Term B Euro
Incremental Commitment” on Schedule 2.01(a) to the Amended Credit Agreement, in each case subject to the other terms and conditions set forth herein; and 

WHEREAS, (i) pursuant to Section 2.14(1) of the Credit Agreement, the Borrower has delivered a request for a Term Loan Increase to
the Administrative Agent in an aggregate principal USD-denominated amount of $300,000,000 and (ii) the Borrower has requested that on the Amendment No. 3 Effective Date the financial institution signatory hereto

 
as the 2019 Term B USD Incremental Lender provide, pursuant to Section 2.14(4)(c) of the Credit Agreement, a 2019 Term B USD Incremental Commitment (as defined in Exhibit A) under the
Amended Credit Agreement, and make 2019 Term B USD Incremental Loans (as defined in Exhibit A) as a Term Loan Increase of the Term B USD Loans, which 2019 Term B USD Incremental Loans will be of the same Class as the Term B USD Loans, in an
aggregate principal amount equal to $300,000,000 on the Amendment No. 3 Effective Date, the proceeds of which will be used by the Borrower to pay a dividend to certain equity holders of the Borrower, and each 2019 Term B USD Incremental Lender
is prepared to provide its 2019 Term B USD Incremental Commitment and to make the 2019 Term B USD Incremental Loans pursuant to the Amended Credit Agreement in the principal amount set forth opposite such 2019 Term B USD Incremental Lender’s
name under the heading “2019 Term B USD Incremental Commitment” on Schedule 2.01(a) to the Amended Credit Agreement, in each case subject to the other terms and conditions set forth herein; and 

WHEREAS, each of BofA Securities, Inc. (or any of its designated affiliates, “BofA Securities”), Barclays Bank PLC
(“Barclays”), Citigroup Global Markets Inc. (“CGMI”) on behalf of Citi1, Deutsche Bank Securities Inc. (“DBSI”), Goldman Sachs Bank USA
(“GS Bank”), JPMorgan Chase Bank, N.A. (“JPMorgan”), Mizuho Bank, Ltd. (“Mizuho”), MSSF, Royal Bank of Canada2 (“Royal Bank”),
UBS Securities LLC (“UBSS”) has acted as joint lead arrangers and joint lead bookrunners in connection with this Amendment and TPG Capital BD (“TPG BD”, and together with the Arrangers, in such capacity, each an
“Engagement Party”, and collectively the “Engagement Parties”) has acted as a co-manager in connection with this Amendment; 

NOW, THEREFORE, in consideration of the premises contained herein and for other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows: 
 Section 1.
Amendment. The Credit Agreement is, effective as of the Amendment No. 3 Effective Date, hereby amended to delete the stricken text (indicated textually in the same manner as the following example: stricken text) and to add the double-underlined text (indicated textually in the same manner as the following
example: double-underlined text) as set forth in the pages
of the Credit Agreement attached as Exhibit A hereto (the “Amended Credit Agreement”). 
  

	1 	 “Citi” shall mean CGMI, Citibank, N.A., Citicorp USA, Inc., Citicorp North America, Inc. and/or any
of their affiliates as any of them shall determine to be appropriate to provide the services contemplated herein. 

	2 	 RBC Capital Markets is a brand name for the capital markets businesses of Royal Bank of Canada and its
affiliates. 

  
 -2- 

 Section 2. Representations and Warranties, No Default. The Borrower
hereby represents and warrants that as of the Amendment No. 3 Effective Date, after giving effect to the amendments set forth in this Amendment, (i) no Default or Event of Default exists and is continuing and (ii) all representations
and warranties of the Loan Parties contained in the Amended Credit Agreement and the other Loan Documents are true and correct in all material respects; provided that to the extent that such representations and warranties specifically refer
to an earlier date, they shall be 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 shall be true and correct (after giving effect to any qualification therein) in all respects on such respective dates. 

Section 3. Effectiveness. Section 1 of this Amendment shall become effective on the date (such date, if any, the
“Amendment No. 3 Effective Date”) that the following conditions have been satisfied or waived: 
 (i)
Consents. The Administrative Agent shall have received executed signature pages hereto from each of the Lenders constituting the Required Lenders, the 2019 Term B Euro Incremental Lender, the 2019 Term B USD Incremental Lender and each Loan
Party. 
 (ii) Fees. The Administrative Agent shall have received for the account of the Engagement Parties all
fees required to be paid, and, to the extent invoiced at least two Business Days prior to the Amendment No. 3 Effective Date, all expenses required to be reimbursed, to the Engagement Parties in connection with this Amendment as separately
agreed by the Borrower and the Engagement Parties. 
 (iii) Legal Opinions. The Administrative Agent shall have
received a customary written opinion of Ropes & Gray LLP, counsel to the Loan Parties. 
 (iv) Officer’s
Certificate. The Administrative Agent shall have received a certificate of a Responsible Officer of the Borrower dated the Amendment No. 3 Effective Date certifying as to the representations and warranties set forth in Section 2. 

(v) Other Documents. The Administrative Agent shall have received such certificates of good standing or status (to the
extent that such concepts exist) from the applicable secretary of state (or equivalent authority) of the jurisdiction of organization of each Loan Party (in each case, to the extent such concept exists in the applicable jurisdiction), certificates
of customary Board of Directors resolutions or other customary corporate authorizing action, incumbency certificates and/or other customary certificates of Responsible Officers of each Loan Party evidencing the identity, authority and capacity of
each Responsible Officer thereof authorized to act as a Responsible Officer in connection with this Amendment. The Administrative Agent, 2019 Term B USD Incremental Lender and 2019 Term B EUR Incremental Lender shall each have received customary
consents to assignments of the Term B USD Loans and the Term B Euro Loans. 

  
 -3- 

 (vi) EUR Committed Loan Notice. The Administrative Agent and the 2019
Term B Euro Incremental Lender shall have received a Committed Loan Notice no later than 1:00 p.m. (New York time) at least one Business Day prior to the requested date of the Borrowing in respect of the 2019 Term B Euro Incremental Loans. 

(vii) USD Committed Loan Notice. The Administrative Agent and the 2019 Term B USD Incremental Lender shall have received
a Committed Loan Notice no later than 1:00 p.m. (New York time) at least one Business Day prior to the requested date of the Borrowing in respect of the 2019 Term B USD Incremental Loans. 

SECTION 4. Costs and Expenses. The Borrower agrees to pay (a) all reasonable and documented out-of-pocket expenses incurred
by the Administrative Agent (including the Attorney Costs of the Administrative Agent to the extent provided for in Section 10.04 of the Credit Agreement) in connection with the preparation, execution and delivery of this Amendment and any
other instruments and documents to be delivered hereunder or in connection herewith, including all Attorney Costs of a single U.S. counsel to the Administrative Agent and (b) all reasonable and documented out-of-pocket expenses incurred by
the 2019 Term B Euro Incremental Lender and 2019 Term B USD Incremental Lender to the extent separately agreed between the 2019 Term B Euro Incremental Lender, the 2019 Term B USD Incremental Lender and the Borrower on or prior to the date hereof.

 SECTION 5. Execution in Counterparts; Effectiveness. This Amendment may be executed in counterparts (and by different
parties hereto in different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. Delivery of an executed counterpart of a signature page of this Amendment by facsimile or
other electronic imaging (including in.pdf format) means shall be effective as delivery of a manually executed counterpart of this Amendment. 

SECTION 6. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW
YORK. Clauses (b) and (c) of Section 10.16 of the Credit Agreement are incorporated herein by reference, mutatis mutandis. 

SECTION 7. Headings. The headings of this Amendment are included for convenience of reference only and shall not affect the
interpretation of this Amendment. 
 SECTION 8. Effect of Amendment. Except as expressly set forth herein, (i) this
Amendment 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 or any other Agent, in each case under the Credit Agreement or any other Loan
Document, and (ii) 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. Each and every term, condition, obligation,
covenant and agreement contained in the Credit Agreement as amended hereby, or any other Loan Document as amended hereby, is hereby ratified and re-affirmed in all respects and shall continue in full force and effect. This Amendment shall constitute

  
 -4- 

 
a Loan Document for purposes of the Credit Agreement and from and after the Amendment No. 3 Effective Date, all references to the Credit Agreement in any Loan Document and all references in
the Credit Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Credit Agreement, shall, unless expressly provided otherwise, refer to the Credit Agreement as amended by this
Amendment. Each of the Loan Parties hereby consents to this Amendment and confirms that all obligations of such Loan Party under the Loan Documents to which such Loan Party is a party shall continue to apply to the Credit Agreement as amended
hereby. The parties hereto acknowledge and agree that the amendment of the Credit Agreement pursuant to this Amendment and all other Loan Documents amended and/or executed and delivered in connection herewith shall not constitute a novation of the
Credit Agreement and the other Loan Documents as in effect prior to the Amendment No. 3 Effective Date. 
 SECTION 9.
Reaffirmation. Each of the Loan Parties hereby consents to the amendment of the Credit Agreement described in Section 1 of this Amendment and hereby confirms its respective guarantees, pledges, grants of security interests,
subordinations and other obligations, as applicable, under and subject to the terms of each of the Loan Documents to which it is party, and confirms, agrees and acknowledges that, notwithstanding the consummation of this Amendment, such guarantees,
pledges, grants of security interests, subordinations and other obligations, and the terms of each of the Loan Documents to which it is a party, except as expressly modified by this Amendment, are not affected or impaired in any manner whatsoever
and shall continue to be in full force and effect and shall also guarantee and secure all obligations as amended and reaffirmed pursuant to the Credit Agreement and this Amendment. Each of the Loan Parties confirms, acknowledges and agrees that the
Lenders, the 2019 Term B Euro Incremental Lender providing the 2019 Term B Euro Incremental Loans and the 2019 Term B USD Incremental Lender providing the 2019 Term B USD Incremental Loans are “Lenders” and “Secured Parties” for
all purposes under the Loan Documents. For the avoidance of doubt, each Loan Party hereby restates the provisions of Article II of the Security Agreement and agrees that all references in the Security Agreement to the “Secured Obligations”
shall include the 2019 Term B Euro Incremental Loans and 2019 Term B USD Incremental Loans. 
 SECTION 10. WAIVER OF RIGHT OF TRIAL BY
JURY. EACH PARTY TO THIS AMENDMENT HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS
AMENDMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT
SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AMENDMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS
AND CERTIFICATIONS IN THIS SECTION 10. 

  
 -5- 

 SECTION 11. Waiver of Breakage Costs. Each Second Amendment Consenting Lender
waives any right to compensation pursuant to Section 3.05 of the Credit Agreement that such Second Amendment Consenting Lender would otherwise have a right to pursuant to the transactions described in this Amendment to occur on or about the
Amendment No. 3 Effective Date. 
 [Remainder of page left intentionally blank] 

  
 -6- 

 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 above written. 
  

			
	MCAFEE, LLC
		
	By:	 	 /s/ Michael Berry

		 	Name: Michael Berry
		 	Title: Chief Financial Officer
	
	GUARANTORS:
	
	MCAFEE FINANCE 2, LLC
	MCAFEE EMPLOYEE HOLDINGS, LLC
	MCAFEE EXECUTIVE HOLDINGS, INC.
	 MCAFEE PUBLIC SECTOR LLC

MCAFEE ACQUISITION CORP.
 SKYHIGH NETWORKS ACQUISITION
CORP.
 SKYHIGH NETWORKS HOLDINGS CORP.
 SKYHIGH
NETWORKS, LLC

	MCAFEE CONSUMER AFFAIRS NORTH, LLC
	TUNNELBEAR, LLC
		
	By:	 	 /s/ Michael Berry

		 	Name: Michael Berry
		 	Title: Vice President

 [Signature Page to Amendment No. 3 to First Lien Credit Agreement] 

 
			
	MORGAN STANLEY SENIOR FUNDING, INC.
	as Administrative Agent
		
	By:	 	 /s/ Brian Sanderson

		 	Name: Brian Sanderson
		 	Title: Authorized Signatory

 [Signature Page to Amendment
No. 3 to First Lien Credit Agreement] 

 
			
	
	 BANK OF AMERICA, N.A., as the 2019 Term B

Euro Incremental Lender, the 2019 Term B USD Incremental Lender

		
	By:	 	 /s/ Michael Roane

		 	Name: Michael Roane
		 	Title: Vice President

 [Signature Page to Amendment No. 3 to First Lien Credit Agreement] 

 [Lender signature pages intentionally omitted] 

[Signature Page to Amendment No. 3 to First Lien Credit Agreement] 

 EXHIBIT A 

Conformed through Amendment No. 23 to First Lien Credit Agreement 

Published CUSIP Number: 57906PAA7 

CUSIP (Revolving Credit Facility): 57906PAB5 

CUSIP (USD Term Facility): 57906PAG4 

CUSIP (EUR Term Facility): 57906PAH2 

 
  

FIRST LIEN CREDIT AGREEMENT 

Dated as of September 29, 2017 

among 
 MCAFEE, LLC, 

as the Borrower, 
 MCAFEE FINANCE
2, LLC, 
 as Holdings, 
 MORGAN
STANLEY SENIOR FUNDING, INC., 
 as Administrative Agent, Collateral Agent and Issuing Bank, 

and 
 THE OTHER LENDERS PARTY
HERETO 
  
  

Morgan Stanley Senior Funding, Inc., 

JPMorgan Chase Bank N.A., 
 Goldman
Sachs Bank USA, 
 Merrill Lynch, Pierce, Fenner &
Smith Incorporated,  
 BofA Securities, Inc.,  

Barclays Bank PLC, 
 Citigroup
Global Markets Inc., 
 Deutsche Bank Securities Inc., 

RBC Capital Markets1, 

UBS Securities LLC, and 
 Mizuho
Bank, Ltd., 
 as Joint Lead Arrangers and Joint Lead Bookrunners 
  

 
  

 

	1 	 RBC Capital Markets is a brand name for the capital markets businesses of Royal Bank of Canada and its
affiliates. 

 Table of Contents 

 

							
	 	 	 	  	Page	 
			
		 	Article I	  			
			
		 	Definitions and Accounting Terms	  			
			
	
SECTION 1.01
	 	Defined Terms	  	 	1	 
	
SECTION 1.02
	 	Other Interpretive Provisions	  	 	99101	 
	 SECTION
1.03
	 	Accounting Terms	  	 	10116	 
	 SECTION
1.04
	 	Rounding	  	 	10116	 
	 SECTION
1.05
	 	References to Agreements, Laws, etc.	  	 	10116	 
	 SECTION
1.06
	 	Times of Day and Timing of Payment and Performance	  	 	10116	 
	 SECTION
1.07
	 	Pro Forma and Other Calculations	  	 	10116	 
	 SECTION
1.08
	 	Available Amount Transaction	  	 	106107	 
	 SECTION
1.09
	 	Guaranties of Hedging Obligations	  	 	106107	 
	 SECTION
1.10
	 	Currency Generally	  	 	106107	 
	 SECTION
1.11
	 	Letters of Credit	  	 	107108	 
	
	 Article
II
	  

	
	 The Commitments and
Borrowings
	  

			
	 SECTION
2.01
	 	The Loans	  	 	107109	 
	 SECTION
2.02
	 	Borrowings, Conversions and Continuations of Loans	  	 	109111	 
	 SECTION
2.03
	 	Letters of Credit	  	 	112114	 
	 SECTION
2.04
	 	[Reserved]	  	 	121124	 
	 SECTION
2.05
	 	Prepayments	  	 	121124	 
	 SECTION
2.06
	 	Termination or Reduction of Commitments	  	 	13418	 
	 SECTION
2.07
	 	Repayment of Loans	  	 	13419	 
	 SECTION
2.08
	 	Interest	  	 	13519	 
	 SECTION
2.09
	 	Fees	  	 	135138	 
	 SECTION
2.10
	 	Computation of Interest and Fees	  	 	136138	 
	 SECTION
2.11
	 	Evidence of Indebtedness	  	 	136139	 
	 SECTION
2.12
	 	Payments Generally	  	 	137139	 
	 SECTION
2.13
	 	Sharing of Payments	  	 	139141	 
	 SECTION
2.14
	 	Incremental Facilities	  	 	139142	 
	 SECTION
2.15
	 	Refinancing Amendments	  	 	148150	 
	 SECTION
2.16
	 	Extensions of Loans	  	 	149152	 
	 SECTION
2.17
	 	Defaulting Lenders	  	 	153156	 
	 SECTION
2.18
	 	Loan Repricing Protection	  	 	15524	 
	
	 Article
III
	  

	
	 Taxes, Increased Costs Protection
and Illegality
	  

			
	 SECTION
3.01
	 	Taxes	  	 	155157	 
	 SECTION
3.02
	 	Illegality	  	 	158161	 
	 SECTION
3.03
	 	Inability to Determine Rates	  	 	159162	 
	 SECTION
3.04
	 	Increased Cost and Reduced Return; Capital Adequacy; Reserves on Eurodollar Rate Loans and EURIBOR Rate Loans	  	 	161163	 
	 SECTION
3.05
	 	Funding Losses	  	 	162164	 
	 SECTION
3.06
	 	Matters Applicable to All Requests for Compensation	  	 	162164	 

  
 i 

							
	 SECTION
3.07
	 	Replacement of Lenders under Certain Circumstances	  	 	163165	 
	 SECTION
3.08
	 	Survival	  	 	165167	 
			
		 	
Article
IV
	  			
			
		 	
Conditions Precedent to
Credit Extensions
	  			
			
	 SECTION
4.01
	 	Conditions to Credit Extensions on Closing Date	  	 	165167	 
	 SECTION
4.02
	 	Conditions to Credit Extensions after the Closing Date	  	 	167169	 
			
		 	
Article
V
	  			
			
		 	
Representations and
Warranties
	  			
			
	 SECTION
5.01
	 	Existence, Qualification and Power; Compliance with Laws	  	 	168170	 
	 SECTION
5.02
	 	Authorization; No Contravention	  	 	168170	 
	 SECTION
5.03
	 	Governmental Authorization	  	 	168171	 
	 SECTION
5.04
	 	Binding Effect	  	 	169171	 
	 SECTION
5.05
	 	Financial Statements; No Material Adverse Effect	  	 	169171	 
	 SECTION
5.06
	 	Litigation	  	 	170172	 
	 SECTION
5.07
	 	Labor Matters	  	 	170172	 
	 SECTION
5.08
	 	Ownership of Property; Liens	  	 	170172	 
	 SECTION
5.09
	 	Environmental Matters	  	 	170172	 
	 SECTION
5.10
	 	Taxes	  	 	170173	 
	 SECTION
5.11
	 	ERISA Compliance	  	 	171173	 
	 SECTION
5.12
	 	Subsidiaries	  	 	171173	 
	 SECTION
5.13
	 	Margin Regulations; Investment Company Act	  	 	171174	 
	 SECTION
5.14
	 	Disclosure	  	 	172174	 
	 SECTION
5.15
	 	Intellectual Property; Licenses, etc.	  	 	172174	 
	 SECTION
5.16
	 	Solvency	  	 	172174	 
	 SECTION
5.17
	 	USA PATRIOT Act; Anti-Terrorism Laws	  	 	172174	 
	 SECTION
5.18
	 	Collateral Documents	  	 	172175	 
			
		 	
Article
VI
	  			
			
		 	
Affirmative
Covenants
	  			
			
	 SECTION
6.01
	 	Financial Statements	  	 	173175	 
	 SECTION
6.02
	 	Certificates; Other Information	  	 	175177	 
	 SECTION
6.03
	 	Notices	  	 	177179	 
	 SECTION
6.04
	 	Payment of Obligations	  	 	177180	 
	 SECTION
6.05
	 	Preservation of Existence, etc.	  	 	177180	 
	 SECTION
6.06
	 	Maintenance of Properties	  	 	178180	 
	 SECTION
6.07
	 	Maintenance of Insurance	  	 	178180	 
	 SECTION
6.08
	 	Compliance with Laws	  	 	178180	 
	 SECTION
6.09
	 	Books and Records	  	 	178181	 
	 SECTION
6.10
	 	Inspection Rights	  	 	178181	 
	 SECTION
6.11
	 	Covenant to Guarantee Obligations and Give Security	  	 	179181	 
	 SECTION
6.12
	 	Compliance with Environmental Laws	  	 	182184	 
	 SECTION
6.13
	 	Further Assurances and Post-Closing Covenant	  	 	182184	 
	 SECTION
6.14
	 	Use of Proceeds	  	 	18224	 
	 SECTION
6.15
	 	Maintenance of Ratings	  	 	18324	 
			
		 	
Article
VII
	  			
			
		 	
Negative
Covenants
	  			
			
	 SECTION
7.01
	 	Liens	  	 	18324	 
	 SECTION
7.02
	 	Indebtedness	  	 	18325	 

  
 ii 

							
	 SECTION
7.03
	 	Fundamental Changes	  	 	192195	 
	 SECTION
7.04
	 	Asset Sales	  	 	196198	 
	 SECTION
7.05
	 	Restricted Payments	  	 	197199	 
	 SECTION
7.06
	 	Change in Nature of Business	  	 	208210	 
	 SECTION
7.07
	 	Transactions with Affiliates	  	 	208210	 
	 SECTION
7.08
	 	Burdensome Agreements	  	 	212215	 
	 SECTION
7.09
	 	Accounting Changes	  	 	215218	 
	 SECTION
7.10
	 	Modification of Terms of Subordinated Indebtedness	  	 	215218	 
	 SECTION
7.11
	 	Holdings	  	 	215218	 
	 SECTION
7.12
	 	Financial Covenant	  	 	216219	 
			
		 	
Article
VIII
	  			
			
		 	
Events of Default and
Remedies
	  			
			
	 SECTION
8.01
	 	Events of Default	  	 	217219	 
	 SECTION
8.02
	 	Remedies upon Event of Default	  	 	219222	 
	 SECTION
8.03
	 	Application of Funds	  	 	220222	 
	 SECTION
8.04
	 	Right to Cure	  	 	221223	 
			
		 	
Article
IX
	  			
			
		 	
Administrative Agent
and Other Agents
	  			
			
	 SECTION
9.01
	 	Appointment and Authorization of the Administrative Agent	  	 	222225	 
	 SECTION
9.02
	 	Rights as a Lender	  	 	223225	 
	 SECTION
9.03
	 	Exculpatory Provisions	  	 	223226	 
	 SECTION
9.04
	 	Lack of Reliance on the Administrative Agent	  	 	224227	 
	 SECTION
9.05
	 	Certain Rights of the Administrative Agent	  	 	225227	 
	 SECTION
9.06
	 	Reliance by the Administrative Agent	  	 	225227	 
	 SECTION
9.07
	 	Delegation of Duties	  	 	225228	 
	 SECTION
9.08
	 	Indemnification	  	 	225228	 
	 SECTION
9.09
	 	The Administrative Agent in Its Individual Capacity	  	 	226229	 
	 SECTION
9.10
	 	[Reserved]	  	 	226229	 
	 SECTION
9.11
	 	Resignation by the Administrative Agent	  	 	226229	 
	 SECTION
9.12
	 	Collateral Matters	  	 	228230	 
	 SECTION
9.13
	 	[Reserved]	  	 	228231	 
	 SECTION
9.14
	 	Administrative Agent May File Proofs of Claim	  	 	228231	 
	 SECTION
9.15
	 	Appointment of Supplemental Administrative Agents	  	 	230232	 
	 SECTION
9.16
	 	Intercreditor Agreements	  	 	231233	 
	 SECTION
9.17
	 	Secured Cash Management Agreements and Secured Hedge Agreements	  	 	231234	 
	 SECTION
9.18
	 	Withholding Tax	  	 	231234	 
			
		 	
Article
X
	  			
			
		 	
Miscellaneous

	  			
			
	 SECTION
10.01
	 	Amendments, etc.	  	 	232235	 
	 SECTION
10.02
	 	Notices and Other Communications; Facsimile Copies	  	 	237240	 
	 SECTION
10.03
	 	No Waiver; Cumulative Remedies	  	 	239241	 
	 SECTION
10.04
	 	Costs and Expenses	  	 	239242	 
	 SECTION
10.05
	 	Indemnification by the Borrower	  	 	240242	 
	 SECTION
10.06
	 	Marshaling; Payments Set Aside	  	 	241243	 
	 SECTION
10.07
	 	Successors and Assigns	  	 	241244	 
	 SECTION
10.08
	 	Resignation of Issuing Bank	  	 	249252	 
	 SECTION
10.09
	 	Confidentiality	  	 	249252	 
	 SECTION
10.10
	 	Setoff	  	 	251254	 
	 SECTION
10.11
	 	Interest Rate Limitation	  	 	251254	 

  
 iii 

							
	 SECTION
10.12
	 	Counterparts; Integration; Effectiveness	  	 	251254	 
	 SECTION
10.13
	 	Electronic Execution of Assignments and Certain Other Documents	  	 	252254	 
	 SECTION
10.14
	 	Survival of Representations and Warranties	  	 	252255	 
	 SECTION
10.15
	 	Severability	  	 	252255	 
	 SECTION
10.16
	 	GOVERNING LAW	  	 	252255	 
	 SECTION
10.17
	 	WAIVER OF RIGHT TO TRIAL BY JURY	  	 	253256	 
	 SECTION
10.18
	 	Binding Effect	  	 	253256	 
	 SECTION
10.19
	 	Lender Action	  	 	253256	 
	 SECTION
10.20
	 	Use of Name, Logo, etc.	  	 	254256	 
	 SECTION
10.21
	 	USA PATRIOT Act	  	 	254256	 
	 SECTION
10.22
	 	Service of Process	  	 	254257	 
	 SECTION
10.23
	 	No Advisory or Fiduciary Responsibility	  	 	254257	 
	 SECTION
10.24
	 	Release of Collateral and Guarantee Obligations; Subordination of Liens	  	 	255257	 
	 SECTION
10.25
	 	Acknowledgement and Consent to Bail-In of EEA Financial Institutions	  	 	256258	 
	 SECTION
10.26
	 	Acknowledgement Regarding Any Supported QFCs.	  	 	32	 

  
 iv 

 FIRST LIEN CREDIT AGREEMENT 

This FIRST LIEN CREDIT AGREEMENT (this “Agreement”) is entered into as of September 29, 2017 by and among McAfee, LLC, a
Delaware limited liability company (the “Borrower”), McAfee Finance 2, LLC, a Delaware limited liability company, as Holdings, Morgan Stanley Senior Funding, Inc., as administrative agent (in such capacity, including any successor
thereto, the “Administrative Agent”) under the Loan Documents, as collateral agent (in such capacity, including any successor thereto, the “Collateral Agent”) under the Loan Documents and as an Issuing Bank, and
each lender from time to time party hereto (collectively, the “Lenders” and individually, a “Lender”). 

PRELIMINARY STATEMENTS 

The Borrower has requested that (a) the Lenders extend credit to the Borrower in the form of $2,555.0 million of Closing Date USD Term
Loans, €507.0 million of Closing Date Euro Term Loans and $500.0 million of Revolving Commitments on the Closing Date as first lien secured credit facilities and (b) from time to time on and after the Closing Date, the Lenders lend to
the Borrower and the Issuing Banks issue Letters of Credit for the account of the Borrower, each to provide working capital for, and for other general corporate purposes of, the Borrower and its Subsidiaries, pursuant to the Revolving Commitments
hereunder and pursuant to the terms of, and subject to the conditions set forth in, this Agreement. 
 On the Closing Date, the Borrower
will enter into the Second Lien Credit Agreement pursuant to which the Borrower will obtain $600.0 million in initial aggregate principal amount of second lien term loans (the “Second Lien Initial Term Loans”). 

The proceeds of the Closing Date Term Loans and the Closing Date Revolving Borrowings, together with the proceeds of the Second Lien Initial
Term Loans and cash on hand, will be used on the Closing Date to fund the Transactions. 
 The applicable Lenders have indicated their
willingness to lend, and the applicable Issuing Banks have indicated their willingness to issue Letters of Credit, in each case on the terms and subject to the conditions set forth herein. 

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

Article I 

Definitions and Accounting Terms 

SECTION 1.01 Defined Terms. As used in this Agreement (including the introductory paragraph hereof and the preliminary statements
hereto), the following terms have the meanings set forth below: 

“2019 Dividend
” means a Restricted Payment made on the Third Amendment Effective Date in an amount not to exceed $680,836,027.09. 

“2019 Term
 B Euro Incremental Commitment” means, with respect to the 2019 Term B Euro Lender, its commitment to make a 2019 Term B Euro Incremental Loan on the Third Amendment Effective Date in an amount equal to €355,000,000. 

“2019
Term B Euro Incremental Lender” means Bank of America, N.A., in its capacity as such. 

“2019 Term
 B Euro Incremental Loan” means a 2019 Term B Euro Incremental Loan made by the 2019 Term B Euro Incremental Lender on the Third Amendment Effective Date pursuant to Section 2.01(1)(i).

“2019 Term
 B USD Incremental Commitment” means, with respect to the 2019 Term B USD Incremental Lender, its commitment to make a 2019 Term B USD Incremental Loan on the Third Amendment Effective Date in an amount equal to $300,000,000. 

“2019 Term
 B USD Incremental Lender” means Bank of America, N.A., in its capacity as such. 

“2019 Term
 B USD Incremental Loan” means a 2019 Term B USD Incremental Loan made by the 2019 Term B USD Incremental Lender on the Third Amendment Effective Date pursuant to Section 2.01(1)(h).

 “Acceptable Discount” has the meaning specified in Section 2.05(1)(e)(D)(2). 

“Acceptable Non-USD Currency” means (i) Sterling and Euros and (ii) subject to the consent of the Administrative
Agent (not to be unreasonably withheld, delayed or conditioned) and each Lender under the applicable Revolving Facility, any other currency. 

“Acceptable Prepayment Amount” has the meaning specified in Section 2.05(1)(e)(D)(3). 

“Acceptance and Prepayment Notice” means a notice of the Borrower’s acceptance of the Acceptable Discount in
substantially the form of Exhibit M. 
 “Acceptance Date” has the meaning specified in
Section 2.05(1)(e)(D)(2). 
 “Acquired Indebtedness” means, with respect to any specified Person, 

(1) Indebtedness of any other Person existing at the time such other Person is merged, consolidated or amalgamated with or into
or became a Restricted Subsidiary of such specified Person, including Indebtedness incurred in connection with, or in contemplation of, such other Person merging, amalgamating or consolidating with or into, or becoming a Restricted Subsidiary of,
such specified Person, and 
 (2) Indebtedness secured by a Lien encumbering any asset acquired by such specified Person.

 “Additional Lender” means, at any time, any bank, other financial institution or institutional lender or investor that,
in any case, is not an existing Lender and that agrees to provide any portion of any (a) Incremental Loan in accordance with Section 2.14, (b) Other Loans pursuant to a Refinancing Amendment in accordance with Section 2.15 or
(c) Replacement Loans pursuant to Section 10.01; provided that each Additional Lender shall be subject to the approval of the Administrative Agent, such approval not to be unreasonably withheld, conditioned or delayed, in each case
solely to the extent that any such consent would be required from the Administrative Agent under Section 10.07(b)(iii)(B) for an assignment of Loans to such Additional Lender, and in the case of Incremental Revolving Commitments and Other
Revolving Commitments and the Issuing Bank, such Default under Section 8.01(1) shall have occurred and be continuing, and shall continue to so apply to but excluding the date on which such Event of Default is cured or waived (and thereafter the
pricing level otherwise determined in accordance with this definition shall apply). 

  
 2 

 “Appropriate Lender” means, at any time, (a) with respect to Loans of
any Class, the Lenders of such Class and (b) with respect to Letters of Credit, (i) the relevant Issuing Banks and (ii) the relevant Revolving Lenders. 

“Approved Fund” means, with respect to any Lender, any Fund that is administered, advised or managed by (a) such Lender,
(b) an Affiliate of such Lender or (c) an entity or an Affiliate of an entity that administers, advises or manages such Lender. 

“Arrangers” means Morgan Stanley Senior Funding, Inc., JPMorgan Chase Bank, N.A., Goldman Sachs Bank USA, Merrill Lynch, Pierce, Fenner & Smith
IncorporatedBofA Securities, Inc., Barclays Bank
PLC, Citigroup Global Markets Inc., Deutsche Bank Securities Inc., RBC Capital Markets, UBS Securities LLC and Mizuho Bank, Ltd., each in its capacity as a joint lead arranger under this Agreement. 

“Asset Sale” means: 

(1) the sale, conveyance, transfer or other disposition, whether in a single transaction or a series of related transactions of
property or assets of the Borrower or any Restricted Subsidiary (each referred to in this definition as a “disposition”); or 

(2) the issuance or sale of Equity Interests (other than Preferred Stock or Disqualified Stock of Restricted Subsidiaries
issued in compliance with Section 7.02 and directors’ qualifying shares or shares or interests required to be held by foreign nationals or other third parties to the extent required by applicable Law) of any Restricted Subsidiary (other
than to the Borrower or another Restricted Subsidiary), whether in a single transaction or a series of related transactions; 
 in each case, other than:

 (a) any disposition of: 

(i) Cash Equivalents or Investment Grade Securities, 

(ii) obsolete, damaged or worn out property or assets, any disposition of inventory or goods (or other assets) held for sale
and property or assets no longer used or useful in the ordinary course, 
 (iii) assets no longer economically practicable or
commercially reasonable to maintain (as determined in good faith by the management of the Borrower), 
 (iv) improvements
made to leased real property to landlords pursuant to customary terms of leases entered into in the ordinary course of business and 

(v) assets for purposes of charitable contributions or similar gifts to the extent such assets are not material to the ability
of the Borrower and its Restricted Subsidiaries, taken as a whole, to conduct its business in the ordinary course; 

  
 6 

 Interest Coverage Ratio, Consolidated EBITDA or Total Assets) permitted or prescribed with respect to any
Lien, Indebtedness, Asset Sale, Investment, Restricted Payment, transaction, action, judgment or amount under any provision in this Agreement or any other Loan Document. 

“BHC
Act Affiliate” of a party means an “affiliate” (as such term is defined under, and interpreted in accordance with, 12 U.S.C. 1841(k)) of such party. 

“Big Boy Letter” means a letter from a Lender acknowledging that (1) an assignee may have information regarding
Holdings, the Borrower and any Subsidiary of the Borrower, their ability to perform the Obligations or any other material information that has not previously been disclosed to the Administrative Agent and the Lenders (“Excluded
Information”), (2) the Excluded Information may not be available to such Lender, (3) such Lender has independently and without reliance on any other party made its own analysis and determined to assign Term Loans to such assignee
pursuant to Section 10.07(h) or (l) notwithstanding its lack of knowledge of the Excluded Information and (4) such Lender waives and releases any claims it may have against the Administrative Agent, such assignee, Holdings, the
Borrower and the Subsidiaries of the Borrower with respect to the nondisclosure of the Excluded Information; or otherwise in form and substance reasonably satisfactory to such assignee, the Administrative Agent and assigning Lender. 

“Board of Directors” means, for any Person, the board of directors or other governing body of such Person or, if such Person
does not have such a board of directors or other governing body and is owned or managed by a single entity, the Board of Directors of such entity, or, in either case, any committee thereof duly authorized to act on behalf of such Board of Directors.
Unless otherwise provided, “Board of Directors” means the Board of Directors of the Borrower. 
 “Borrower” has
the meaning specified in the introductory paragraph to this Agreement. 
 “Borrower Materials” has the meaning specified in
Section 6.02. 
 “Borrower Offer of Specified Discount Prepayment” means any offer by any Borrower Party to make a
voluntary prepayment of Loans at a specified discount to par pursuant to Section 2.05(1)(e)(B). 
 “Borrower Parties”
means the collective reference to Holdings, the Borrower and each Subsidiary of the Borrower and “Borrower Party” means any of them. 

“Borrower Solicitation of Discount Range Prepayment Offers” means the solicitation by any Borrower Party of offers for, and
the corresponding acceptance by a Lender of, a voluntary prepayment of Loans at a specified range of discounts to par pursuant to Section 2.05(1)(e)(C). 

“Borrower Solicitation of Discounted Prepayment Offers” means the solicitation by any Borrower Party of offers for, and the
subsequent acceptance, if any, by a Lender of, a voluntary prepayment of Loans at a discount to par pursuant to Section 2.05(1)(e)(D). 

“Borrowing” means a borrowing consisting of Loans of the same Class and Type made, converted or continued on the same date
and, in the case of Eurodollar Rate Loans or EURIBOR Rate Loans, having the same Interest Period. 
 “Broker-Dealer Regulated
Subsidiary” means any Subsidiary of the Borrower that is registered as a broker-dealer under the Exchange Act or any other applicable Laws requiring such registration. 

  
 10 

 “Business Day” means any day that is not a Legal Holiday and (i) with
respect to any interest rate settings as to a Eurodollar Rate Loan, any fundings, disbursements, settlements and payments in respect of any such Eurodollar Rate Loan, or any other dealings to be carried out pursuant to this Agreement in respect of
any such Eurodollar Rate Loan, any day on which dealings in deposits in Dollars are conducted by and between banks in the London interbank eurodollar market and (ii) with respect to any interest rate settings as to a EURIBOR Rate Loan, any
fundings, disbursements, settlements and payments in respect of any such EURIBOR Rate Loan, or any other dealings to be carried out pursuant to this Agreement in respect of any such EURIBOR Rate Loan, any day on which dealings in deposits in Euros
are conducted by and between banks in the European interbank market. 
 “Canadian Dollars” means the lawful currency of
Canada. 
 “Capital Expenditures” means, for any period, the aggregate of all expenditures (whether paid in cash or accrued
as liabilities and including in all events all amounts expended or capitalized under Capitalized Lease Obligations) by the Borrower and the Restricted Subsidiaries during such period that, in conformity with GAAP, are or are required to be included
as capital expenditures on the consolidated statement of cash flows of the Borrower and the Restricted Subsidiaries. 
 “Capital
Stock” means: 
 (1) in the case of a corporation, corporate stock or shares in the capital of such corporation;

 (2) in the case of an association or business entity, any and all shares, interests, participations, rights or other
equivalents (however designated) of corporate stock; 
 (3) in the case of a partnership or limited liability company,
partnership or membership interests (whether general or limited); and 
 (4) any other interest or participation that confers
on a Person the right to receive a share of the profits and losses of, or distributions of assets of, the issuing Person, but excluding from all of the foregoing any debt securities convertible into or exchangeable for Capital Stock, whether or not
such debt securities include any right of participation with Capital Stock. 
 “Capitalized Lease Obligation” means, at the
time any determination thereof is to be made, the amount of the liability in respect of a capital or finance lease that would at such time be required to be capitalized and reflected as a liability on a balance sheet (excluding the footnotes thereto) prepared in accordance with GAAP in accordance with Section
1.03and, for the avoidance of doubt, shall not include any operating lease or other Non-Finance Lease
Obligation. 
 “Capitalized Software Expenditures” means, for
any period, the aggregate of all expenditures (whether paid in cash or accrued as liabilities) by a Person and its Restricted Subsidiaries during such period in respect of licensed or purchased software or internally developed software and software
enhancements that, in conformity with GAAP, are or are required to be reflected as capitalized costs on the consolidated balance sheet of a Person and its Restricted Subsidiaries. 

“Captive Insurance Subsidiary” means any Subsidiary of the Borrower that is subject to regulation as an insurance company (or
any Subsidiary thereof). 
 “Cash Collateral” has the meaning specified in the definition of “Cash
Collateralize.” 

  
 11 

 (b) to maintain working capital or equity capital of the primary obligor or
otherwise to maintain the net worth or solvency of the primary obligor; or 
 (3) to purchase property, securities or
services primarily for the purpose of assuring the owner of any such primary obligation of the ability of the primary obligor to make payment of such primary obligation against loss in respect thereof. 

“Contract Consideration” has the meaning specified in clause (2)(k) of the definition of “Excess Cash Flow.”

 “Contractual Obligation” means, as to any Person, any provision of any security issued by such Person or of any
agreement, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound. 

“Controlled Investment Affiliate” means, as to any Person, any other Person, other than any Investor, which directly or
indirectly is in control of, is controlled by, or is under common control with such Person and is organized by such Person (or any Person controlling such Person) primarily for making direct or indirect equity or debt investments in the Borrower or
other companies. 
 “Converted Closing Date Euro Term Loan” means each Closing Date Euro Term Loan held by a Second
Amendment Consenting Lender on the Second Amendment Effective Date that has consented to its Closing Date Euro Term Loans being converted to Term B Euro Loans (or, if less, the amount notified to such Lender by the Administrative Agent) (which
amount was €650,802,180.40). 
 “Converted Closing Date Term Loans” means the Converted Closing Date USD Term Loans
and the Converted Closing Date Euro Term Loans. 
 “Converted Closing Date USD Term Loan” means each Closing Date USD Term
Loan held by a Second Amendment Consenting Lender on the Second Amendment Effective Date that has consented to its Closing Date USD Term Loans being converted to Term B USD Loans (or, if less, the amount notified to such Lender by the Administrative
Agent) (which amount was $2,703,592,110.32). 
 “Convertible Indebtedness” means Indebtedness of the Borrower (which may be
guaranteed by the Guarantors) permitted to be incurred hereunder that is either (a) convertible into common equity of the Borrower (and cash in lieu of fractional shares) or cash (in an amount determined by reference to the price of such common
equity) or (b) sold as units with call options, warrants or rights to purchase (or substantially equivalent derivative transactions) that are exercisable for common equity of the Borrower or cash (in an amount determined by reference to the
price of such common equity). 
 “Corrective Extension Amendment” has the meaning specified in Section 2.16(6). 

“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).

 “Credit Agreement Refinanced Debt” has the meaning assigned to such term in the definition of “Credit
Agreement Refinancing Indebtedness.” 
 “Credit Agreement Refinancing Indebtedness” means (a) Permitted Equal
Priority Refinancing Debt, (b) Permitted Junior Priority Refinancing Debt or (c) Permitted Unsecured Refinancing Debt; provided that, in each case, such Indebtedness is issued, incurred or otherwise 

  
 29 

 “Debt Fund Affiliate” means any Affiliate of an Investor that is a bona
fide diversified debt fund that is not (a) a natural person or (b) Holdings, the Borrower or any Subsidiary of the Borrower. 

“Debt Representative” means, with respect to any series of Indebtedness, the trustee, administrative agent, collateral agent,
security agent or similar agent or representative under the indenture or agreement pursuant to which such Indebtedness is issued, incurred or otherwise obtained, as the case may be, and each of their successors in such capacities. 

“Debtor Relief Laws” means the Bankruptcy Code of the United States, and all other liquidation, conservatorship, bankruptcy,
assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization or similar debtor relief Laws of the United States or other applicable jurisdictions from time to time in effect and affecting the rights of
creditors generally. 
 “Declined Proceeds” has the meaning specified in Section 2.05(2)(g). 

“Default” means any event that is, or with the passage of time or the giving of notice or both would be, an Event of Default.

 “Default Rate” means (i) with respect to any amounts denominated in Dollars, an interest rate equal to (a) the
Base Rate plus (b) the Applicable Rate applicable to Base Rate Loans that are Revolving Loans plus (c) 2.00% per annum; provided that with respect to the outstanding principal amount of any Loan, the Default Rate
shall be an interest rate equal to the interest rate (including any Applicable Rate) otherwise applicable to such Loan (giving effect to Section 2.02(3)) plus 2.00% per annum, in each case, to the fullest extent permitted by
applicable Laws and (ii) with respect to any amounts denominated in Euros, an interest rate equal to the interest rate (including any Applicable Rate) otherwise applicable to Euro Term Loans (giving effect to Section 2.02(3)) plus
2.00% per annum, to the fullest extent permitted by applicable Laws. 
 “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. 
 “Defaulting
Lender” means, subject to Section 2.17(2), any Lender that (a) has refused (which refusal may be given verbally or in writing and has not been retracted) or failed to perform any of its funding obligations hereunder, including in
respect of its Loans or participations in respect of L/C Obligations, within one Business Day of the date required to be funded by it hereunder, (b) has failed to pay over to the Administrative Agent, any Issuing Bank or any other Lender any
other amount required to be paid by it hereunder within one Business Day of the date when due, unless the subject of a good faith dispute, (c) has notified the Borrower or the Administrative Agent that it does not intend to comply with its
funding obligations or has made a public statement to that effect with respect to its funding obligations hereunder or generally under other agreements in which it commits to extend credit, (d) has failed, within three (3) Business Days
after request by the Administrative Agent, to confirm in a manner satisfactory to the Administrative Agent that it will comply with its funding obligations, or (e) has, or has a direct or indirect parent company that has, either
(i) admitted in writing that it is insolvent or (ii) become subject to a Lender-Related Distress Event. Any determination by the Administrative Agent as to whether a Lender is a Defaulting Lender shall be conclusive absent manifest error.

 “Designated Non-Cash Consideration” means the fair market value of non-cash consideration received by the Borrower or a
Restricted Subsidiary in connection with an Asset Sale that is so designated as Designated Non-Cash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation, less the amount of cash or Cash
Equivalents received in connection with a 

  
 31 

 Closing Date, the Borrower may elect to apply IFRS accounting principles in lieu of GAAP and, upon any such
election, references herein to GAAP will thereafter be construed to mean IFRS (except as otherwise provided in this Agreement); provided, however, that any such election, once made, will be irrevocable; provided, further
that any calculation or determination in this Agreement that requires the application of GAAP for periods that include fiscal quarters ended prior to the Borrower’s election to apply IFRS will remain as previously calculated or determined
in accordance with GAAP. The Borrower will give notice of any such election made in accordance with this definition to the Administrative Agent. Notwithstanding any other provision contained herein, (i) the amount of any Indebtedness under GAAP with respect to Capitalized Lease Obligations and Attributable Indebtedness shall be determined in accordance with
Section 1.03 and (ii) all terms of an accounting or financial nature used herein shall be construed, and all computations of amounts and ratios referred to herein shall be made,
without giving effect to any election under Financial Accounting Standards Board Accounting Standards Codification 825 (or any other Financial Accounting Standard having a similar result or effect) to value any Indebtedness or other liabilities of
the Borrower or the Loan Parties at “fair value”, as defined therein. 
 Notwithstanding the foregoing, if at any time any
change occurs after the Closing Date in GAAP (or IFRS) or in the application thereof that, in each case, would affect the computation of any financial ratio or financial requirement, or compliance with any covenant, set forth in any Loan Document
(including, but not limited to, the impact of Accounting Standards Update 2016-2, Revenue from Contracts with Customers (Topic 606) or similar revenue recognition policies promulgated after the Closing Date), and the Borrower shall so request
(regardless of whether any such request is given before or after such change), the Administrative Agent, the Lenders and the Borrower will negotiate in good faith to amend (subject to the approval of the Required Lenders) such ratio, requirement or
covenant to preserve the original intent thereof in light of such change in GAAP (or IFRS); provided that until so amended, (a) such ratio, requirement or covenant shall continue to be computed in accordance with GAAP (or IFRS) without
giving effect to such change therein and (b) if reasonably requested by the Administrative Agent with respect to periods ending prior to the date that is one year after the effectiveness of such change, the Borrower shall provide to the
Administrative Agent (for distribution to the Lenders), together with any financial statements to be delivered pursuant to Section 6.01, a summary reconciliation between calculations of any such ratios or requirements required to be included in
the corresponding Compliance Certificate to be delivered pursuant to Section 6.02(4) made before and after giving effect to such change in GAAP (or IFRS). For the avoidance of doubt, subject to the requirements of the foregoing clause (b), the
operation of this paragraph shall otherwise have no effect with respect to any financial statements required to be delivered pursuant to Section 6.01 unless the Borrower otherwise elects. 

“General Debt Basket Reallocated Amount” means any amount that, at the option of the Borrower, has been reallocated from
Section 7.02(b)(12)(b) to clause (A)(1) of the Available Incremental Amount, which shall be deemed to be a utilization of the Basket set forth in Section 7.02(b)(12)(b). 

“Governmental Authority” means the government of the United States or any other nation, or of any political subdivision
thereof, whether state, local, or otherwise, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or
pertaining to government (including any supra-national bodies such as the European Union or the European Central Bank). 
 “Granting
Lender” has the meaning specified in Section 10.07(g). 

  
 50 

 and (iii) accruals for payroll and other liabilities accrued in the
ordinary course of business; or 
 (d) representing the net obligations under any Hedging Obligations; 

if and to the extent that any of the foregoing Indebtedness (other than obligations in respect of letters of credit and Hedging Obligations)
would appear as a liability upon a balance sheet (excluding the footnotes thereto) of such Person prepared in accordance with GAAP; provided that Indebtedness of any Parent Company appearing upon the balance sheet of the Borrower solely by
reason of push-down accounting under GAAP will be excluded; 
 (2) to the extent not otherwise included, any obligation by
such Person to be liable for, or to pay, as obligor, guarantor or otherwise, on the obligations of the type referred to in clause (1) of this definition of a third Person (whether or not such items would appear upon the balance sheet of such
obligor or guarantor), other than by endorsement of negotiable instruments for collection in the ordinary course of business or consistent with industry practice; and 

(3) to the extent not otherwise included, the obligations of the type referred to in clause (1) of this definition of a
third Person secured by a Lien on any asset owned by such first Person, whether or not such Indebtedness is assumed by such first Person; provided that the amount of such Indebtedness will be the lesser of (i) the fair market value of
such asset at such date of determination and (ii) the amount of such Indebtedness of such other Person; provided that notwithstanding the foregoing, Indebtedness will be deemed not to include: 

(i) Contingent Obligations incurred in the ordinary course of business or consistent with industry practice, 

(ii) reimbursement obligations under commercial letters of credit (provided that unreimbursed amounts under commercial
letters of credit will be counted as Indebtedness three (3) Business Days after such amount is drawn), 
 (iii)
obligations under or in respect of Qualified Securitization Facilities, 
 (iv) accrued expenses, 

(v) deferred or prepaid revenues,
and 

(vi)
 any Non-Financing Lease Obligation, and 
 (vivii) asset retirement obligations and obligations in respect of reclamation and workers compensation (including pensions and retiree medical care); 

provided further that Indebtedness will be calculated without giving effect to the effects of Accounting Standards Codification Topic No. 815,
Derivatives and Hedging, and related interpretations to the extent such effects would otherwise increase or decrease an amount of Indebtedness for any purpose under this Agreement as a result of accounting for any embedded derivatives created
by the terms of such Indebtedness. 
 “Indemnified Liabilities” has the meaning specified in Section 10.05. 

“Indemnitees” has the meaning specified in Section 10.05. 

  
 54 

 Term Loans shall constitute Closing Date USD Term Loans for all purposes under this Agreement and the other
Loan Documents. 
 “Intellectual Property Security Agreements” has the meaning specified in the Security Agreement. 

“Intercompany Note” means the Intercompany Note, dated as of the Closing Date, substantially in the form of Exhibit Q
executed by the Borrower and each Restricted Subsidiary of the Borrower party thereto. 
 “Intercreditor Agreement” means,
as applicable, any First Lien/Second Lien Intercreditor Agreement and any Equal Priority Intercreditor Agreement. 
 “Interest
Coverage Ratio” means, with respect to any Test Period, the ratio of (a) Consolidated EBITDA of the Borrower and the Restricted Subsidiaries for such Test Period to (b) Consolidated Interest Expense of the Borrower and the
Restricted Subsidiaries for such Test Period, in each case on a pro forma basis with such pro forma adjustments as are appropriate and consistent with Section 1.07. 

“Interest Payment Date” means, (a) as to any Loan of any Class other than a Base Rate Loan, the last day of each
Interest Period applicable to such Loan and the applicable Maturity Date of the Loans of such Class; provided that if any Interest Period for a Eurodollar Rate Loan or EURIBOR Rate Loan exceeds three months, the respective dates that fall
every three months after the beginning of such Interest Period shall also be Interest Payment Dates; (b) as to any Base Rate Loan of any Class, the last Business Day of each March, June, September and December and the applicable Maturity Date
of the Loans of such Class; and (c) with respect to all Closing Date Term Loans (including Converted Closing Date Term Loans), the Second Amendment Effective Date. 

“Interest Period” means, as to each Eurodollar Rate Loan and EURIBOR Rate Loan, the period commencing on the date such
Eurodollar Rate Loan or EURIBOR Rate Loan is disbursed or converted to or continued as a Eurodollar Rate Loan or EURIBOR Rate Loan, as applicable, and ending on the date one, two, three or six months thereafter (or, with respect to the initial
Interest Period for the Term B Loans, the period set forth in Sections 2.01(1)(e) and (f), or, with respect to the
initial Interest Period for the 2019 Term B USD Incremental Loans and 2019 Term B Euro Incremental Loans, the period set forth in Sections 2.01(1)(h) and (i)), or to the extent consented to by
each applicable Lender, twelve months, as selected by the Borrower in its Committed Loan Notice; provided that: 

(1) any Interest Period that would otherwise end on a day that is not a Business Day shall be extended to the next succeeding
Business Day unless such Business Day falls in another calendar month, in which case such Interest Period shall end on the immediately preceding Business Day; 

(2) any Interest Period that begins on the last Business Day of a calendar month (or on a day for which there is no numerically
corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest Period; and 

(3) no Interest Period shall extend beyond the applicable Maturity Date for the Class of Loans of which such Eurodollar Rate
Loan or EURIBOR Rate Loan is a part. 

  
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 Restricted Subsidiary after such sale or other disposition thereof, including pension and
other post-employment benefit liabilities and liabilities related to environmental matters or against any indemnification obligations associated with such transaction; provided that (a) no net cash proceeds calculated in accordance with
the foregoing realized in a single transaction or series of related transactions shall constitute Net Proceeds unless such net cash proceeds shall exceed $25.0 million and (b) no such net cash proceeds shall constitute Net Proceeds under this
clause (1) in any fiscal year until the aggregate amount of all such net cash proceeds in such fiscal year shall exceed $50.0 million (and thereafter only net cash proceeds in excess of such amount shall constitute Net Proceeds under this
clause (1)); and 
 (2) (a) with respect to the incurrence or issuance of any Indebtedness by the Borrower or any
Restricted Subsidiary, any Permitted Equity Issuance by the Borrower or any Parent Company or any contribution to the common equity capital of the Borrower, the excess, if any, of (i) the sum of the cash and Cash Equivalents received in
connection with such incurrence or issuance over (ii) all taxes paid or reasonably estimated to be payable, and all fees (including investment banking fees, attorneys’ fees, accountants’ fees, underwriting fees and discounts),
commissions, costs and other out-of-pocket expenses and other customary expenses incurred, in each case by the Borrower or such Restricted Subsidiary in connection with such incurrence or issuance and (b) with respect to any Permitted Equity
Issuance by any Parent Company, the amount of cash from such Permitted Equity Issuance contributed to the capital of the Borrower. 

“Net Proceeds Percentage” has the meaning specified in Section 2.05(b)(2)(b) 

“Non-Consenting Lender” has the meaning specified in Section 3.07. 

“Non-Converted Closing Date Euro Term Loans” means each Closing Date Euro Term Loan (or portion thereof) other than a
Converted Closing Date Euro Term Loan. 
 “Non-Converted Closing Date Term Loans” means the Non-Converted Closing Date USD
Term Loans and the Non-Converted Closing Date Euro Term Loans. 
 “Non-Converted Closing Date USD Term Loans” means each
Closing Date USD Term Loan (or portion thereof) other than a Converted Closing Date USD Term Loan. 
 “Non-Defaulting
Lender” means, at any time, a Lender that is not a Defaulting Lender. 
 “Non-Excluded Taxes” means all Taxes,
other than Excluded Taxes, imposed on or with respect to any payment made by or on account of any obligation of any Loan Party under any Loan Document. 

“Non-Extension Notice Date” has the meaning specified in Section 2.03(2)(c). 

“Non-Financing
 Lease Obligation” means a lease obligation that is not required
to be accounted for as a financing or capital lease on both the balance sheet and the income statement for financial reporting purposes in
accordance with GAAP. For the avoidance of doubt, a straight-line or operating lease (including any lease that would not have been a capital lease under GAAP as of December 31, 2017) shall be considered a Non-Financing Lease
Obligation. 
 “Non-Recourse Indebtedness” means Indebtedness
that is non-recourse to the Borrower and the Restricted Subsidiaries. 

  
 64 

 (38) receipt of progress payments and advances from customers in the
ordinary course of business or consistent with industry practice to the extent the same creates a Lien on the related inventory and proceeds thereof and Liens on property or assets under construction arising from progress or partial payments by a
third party relating to such property or assets; 
 (39) Liens on all or any portion of the Collateral (but no other assets)
to secure obligations in respect of (a) Indebtedness permitted to be incurred pursuant to Section 7.02; provided that after giving pro forma effect to the incurrence of the then proposed Indebtedness (and without netting any
cash received from the incurrence of such proposed Indebtedness), (i) if such Indebtedness is secured on a (x) pari passu basis with the Liens that secure the First Lien Obligations under this Agreement (“Pari Passu Lien
Debt”), the First Lien Net Leverage Ratio would be no greater than
4.254.75 to 1.00 or (y) junior basis to the Liens that secure the First Lien Obligations (“Junior Lien Debt”), the Secured Net Leverage Ratio would be no greater than 5.255.75 to 1.00, (ii) such Liens are in each case subject the applicable Intercreditor Agreement(s) and (iii) if such Liens secure syndicated Dollar-denominated or Euro-denominated term loans that are Pari Pass
Lien Debt, then the Borrower shall comply with the “most favored nation” pricing provisions of Section 2.14(5)(c) (to the extent then applicable) as if such Indebtedness were Incremental Term Loans incurred pursuant to
Section 2.14 and (b) any Refinancing Indebtedness in respect of Pari Passu Lien Debt or Junior Lien Debt (but subject to the foregoing clause (iii)); 

(40) agreements to subordinate any interest of the Borrower or any Restricted Subsidiary in any accounts receivable or other
proceeds arising from inventory consigned by the Borrower or any Restricted Subsidiary pursuant to an agreement entered into in the ordinary course of business or consistent with industry practice; 

(41) Liens arising pursuant to Section 107(l) of the Comprehensive Environmental Response, Compensation and Liability Act
or similar provision of any Environmental Law; 
 (42) Liens disclosed by any title insurance reports or policies delivered
on or prior to the Closing Date and any replacement, extension or renewal of any such Lien (to the extent the Indebtedness and other obligations secured by such replacement, extension or renewal Liens are permitted by this Agreement); provided
that such replacement, extension or renewal Liens do not cover any property other than the property that was subject to such Liens prior to such replacement, extension or renewal; 

(43) rights reserved or vested in any Person by the terms of any lease, license, franchise, grant or permit held by the
Borrower or any of its Restricted Subsidiaries or by a statutory provision, to terminate any such lease, license, franchise, grant or permit, or to require annual or periodic payments as a condition to the continuance thereof; 

(44) restrictive covenants affecting the use to which real property may be put; provided that the covenants are complied
with; 
 (45) security given to a public utility or any municipality or governmental authority when required by such utility
or authority in connection with the operations of that Person in the ordinary course of business or consistent with industry practice; 

(46) zoning, building and other similar land use restrictions, including site plan agreements, development agreements and
contract zoning agreements; 

  
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 required by applicable Law to be publicly disclosed in connection with an issuance by Holdings or any of its
Subsidiaries of its debt or equity securities pursuant to a registered public offering made at such time or (b) not material to make an investment decision with respect to securities of Holdings or any of its Subsidiaries (for purposes of
United States federal and state securities laws), and (ii) at any time on and after Holdings or any of its Subsidiaries becoming the issuer of any Traded Securities, information that does not constitute material non-public information (within
the meaning of United States federal and state securities laws) with respect to Holdings or any of its Subsidiaries or any of their respective securities. 

“Purchase Money Obligations” means any Indebtedness incurred to finance or refinance the acquisition, leasing, construction
or improvement of property (real or personal) or assets (other than Capital Stock), and whether acquired through the direct acquisition of such property or assets, or otherwise. 

“QFC”
 has the meaning assigned to the term “qualified financial contract” in, and shall be interpreted in accordance with, 12 U.S.C. 5390(c)(8)(D). 

“Qualified ECP Guarantor” means, in respect of any Swap Obligation, each Loan Party that has total assets exceeding $10.0
million at the time the relevant guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other Person as constitutes an “eligible contract participant” under the Commodity
Exchange Act or any regulations promulgated thereunder and can cause another Person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange
Act. 
 “Qualified Equity Interests” means any Equity Interests that are not Disqualified Stock. 

“Qualified Proceeds” means the fair market value of assets that are used or useful in, or Capital Stock of any Person engaged
in, a Similar Business. 
 “Qualified Securitization Facility” means any Securitization Facility (1) constituting a
securitization financing facility that meets the following conditions: (a) the Board of Directors will have determined in good faith that such Securitization Facility (including financing terms, covenants, termination events and other
provisions) is in the aggregate economically fair and reasonable to the Borrower and the applicable Restricted Subsidiary or Securitization Subsidiary and (b) all sales or contributions of Securitization Assets and related assets to the
applicable Person or Securitization Subsidiary are made at fair market value (as determined in good faith by the Borrower) or (2) constituting a receivables financing facility. 

“Qualifying IPO” means the issuance by the Borrower or any Parent Company of its common Equity Interests that are listed on a
national exchange or publicly offered (other than a public offering pursuant to a registration statement on Form S-8) (including pursuant to an effective registration statement filed with the SEC in accordance with the Securities Act (whether alone
or in connection with a secondary public offering)). 
 “Qualifying Lender” has the meaning specified in
Section 2.05(1)(e)(D)(3). 
 “Quarterly Financial Statements” means the unaudited consolidated balance sheets and
related consolidated combined statements of operations and cash flows of the Borrower and its Subsidiaries for the commencing April 3, 2017 and ended July 1, 2017. 

  
 83 

 Loans shall constitute Term B Euro Loans for all purposes under this Agreement and the other Loan Documents.

 “Term B Euro Loan” or “Term B Euro Loans” has the meaning specified in Section 2.01(1)(f), and shall also include each 2019 Term B Euro Incremental Loan.

 “Term B Loan” means any Term B USD Loan and any Term B Euro Loan. 

“Term B USD Loan” or “Term B USD Loans” has the meaning specified in Section 2.01(1)(e), and shall also include each 2019 Term B USD Incremental Loan.

 “Term Borrowing” means a Borrowing of any Term Loans. 

“Term Commitment” means, as to each Term Lender, its obligation to make a Term Loan to the Borrower hereunder, expressed as
an amount representing the maximum principal amount of the Term Loan to be made by such Term Lender under this Agreement, as such commitment may be (a) reduced from time to time pursuant to this Agreement and (b) reduced or increased from
time to time pursuant to (i) assignments by or to such Term Lender pursuant to an Assignment and Assumption, (ii) an Incremental Amendment, (iii) a Refinancing Amendment, (iv) an Extension Amendment or (v) an amendment in
respect of Replacement Loans. The amount of the Additional Term B USD Lender’s Additional Term B USD Commitment and the amount of the Additional Term B Euro Lender’s Additional Term B Euro Commitment as of the Second Amendment Effective
Date are specified in the definition of “Additional Term B USD Commitment” and “Additional Term B Euro Commitment” respectively; and the amount of each Lender’s other Term Commitment shall be specified in the Assignment and
Assumption (or Affiliated Lender Assignment and Assumption), Incremental Amendment, Refinancing Amendment, Extension Amendment or amendment in respect of Replacement Loans pursuant to which such Lender shall have assumed its Commitment, as the case
may be. 
 “Term Facility” means any Facility consisting of Term Loans of a single Class and/or Term Commitments with
respect to such Class of Term Loans. 
 “Term Lender” means, at any time, any Lender that has a Term Commitment or a Term
Loan at such time. 
 “Term Loan” means any Closing Date Term Loan, Term B Loan, Incremental Term Loan, Other Term Loan,
Extended Term Loan or Replacement Loan, as the context may require. 
 “Term Loan Extension Request” has the meaning
provided in Section 2.16(1). 
 “Term Loan Extension Series” has the meaning provided in Section 2.16(1). 

“Term Loan Increase” has the meaning specified in Section 2.14(1). 

“Term Note” means a promissory note of the Borrower payable to any Term Lender or its registered assigns, in substantially
the form of Exhibit B-1 or Exhibit B-2 hereto, evidencing the aggregate Indebtedness of the Borrower to such Term Lender resulting from the Term Loans made by such Term Lender. 

“Termination Conditions” means, collectively, (a) the payment in full in cash of the Obligations (other than
(i) contingent indemnification obligations not then due and (ii) Obligations under Secured Hedge Agreements and Secured Cash Management Agreements) and (b) the termination of the Commitments and the termination or expiration of all
Letters of Credit under this Agreement (unless the 

  
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 Outstanding Amount of the L/C Obligations related thereto has been Cash Collateralized on terms reasonably
acceptable to the applicable Issuing Bank, backstopped by a letter of credit reasonably satisfactory to the applicable Issuing Bank or deemed reissued under another agreement reasonably acceptable to the applicable Issuing Bank). 

“Test Period” in effect at any time means (x) for purposes of (a) the definition of “Applicable Rate,”
(b) Section 2.05(2)(a) and (c) the Financial Covenant (other than for the purpose of determining pro forma compliance with the Financial Covenant), the most recent period of four consecutive fiscal quarters of the Borrower
ended on or prior to such time (taken as one accounting period) in respect of which, subject to Section 1.07(1), financial statements for each quarter or fiscal year in such period have been or are required to be delivered pursuant to
Section 6.01(1) or (2), as applicable and (y) for all other purposes in this Agreement, the most recent period of four consecutive fiscal quarters of the Borrower ended on or prior to such time (taken as one accounting period) in respect
of which financial statements for each such quarter or fiscal year in such period are internally available (as determined in good faith by the Borrower) (it being understood that for purposes of determining pro forma compliance with the
Financial Covenant, if no Test Period with an applicable level cited in the Financial Covenant has passed, the applicable level shall be the level for the first Test Period cited in the Financial Covenant with an indicated level); provided
that, prior to the first date that financial statements have been or are required to be delivered pursuant to Section 6.01(1) or (2), the Test Period in effect shall be the period of four consecutive full fiscal quarters of the Borrower ended
prior to the Closing Date for which financial statements would have been required to be delivered hereunder had the Closing Date occurred prior to the end of such period. 

“Third
 Amendment” means that certain Amendment No. 3 to First Lien Credit Agreement, dated as of the Third Amendment Effective Date, among the Borrower, the Lenders party thereto, the Administrative Agent, the 2019 Term B USD Incremental
Lender party thereto and the 2019 Term B Euro Incremental Lender party thereto. 

“Third
 Amendment Consenting Lender” means each Term Lender that provided the Administrative Agent with a counterpart to the Third Amendment executed by such Lender prior to the Third Amendment Effective Date. 

“Third
 Amendment Effective Date” means the date on which all of the conditions contained in Section 3 of the Third Amendment have been satisfied or waived, which date, for the avoidance of doubt, is June 13, 2019. 
 “Threshold Amount” means $100.0 million. 

“Total Assets” means, at any time, the total assets of the Borrower and the Restricted Subsidiaries, determined on a
consolidated basis in accordance with GAAP, as shown on the then most recent balance sheet of the Borrower or such other Person as may be available (as determined in good faith by the Borrower) (and, in the case of any determination relating to any
Specified Transaction, on a pro forma basis including any property or assets being acquired in connection therewith). 

“Total Net Leverage Ratio” means, with respect to any Test Period, the ratio of (a) Consolidated Total Debt outstanding
as of the last day of such Test Period, minus the Unrestricted Cash Amount on such last day to (b) Consolidated EBITDA of the Borrower and the Restricted Subsidiaries for such Test Period, in each case on a pro forma basis with such pro
forma adjustments as are appropriate and consistent with Section 1.07. 

  
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 (d) in the case of an Initial Default for which (i) the Borrower failed
to give notice to the Agent and the Lenders of such Initial Default in accordance with Section 6.03(1) of this Agreement and (ii) the Borrower had actual knowledge of such failure to give such notice. 

(1) For purposes hereof, unless otherwise specifically indicated, the term “consolidated” with respect to any Person refers to such
Person consolidated with its Restricted Subsidiaries and excludes from such consolidation any Unrestricted Subsidiary as if such Unrestricted Subsidiary were not an Affiliate of such Person. 

SECTION 1.03 Accounting Terms. All accounting terms not specifically or completely defined herein shall be construed in conformity
with, and all financial data (including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity with, GAAP, except as otherwise specifically prescribed herein.
Notwithstanding any other provision contained herein, (i) all terms of an accounting or financial nature
used herein shall be construed, and all computations of amounts and ratios referred to herein shall be made, without giving effect to any election under Financial Accounting Standards Board Accounting Standards Codification 825 (or any other
Financial Accounting Standard having a similar result or effect) to value any Indebtedness or other liabilities of Holdings, the Borrower or any of its Subsidiaries at “fair value,” as defined therein and (ii) unless the Borrower has requested an amendment pursuant to the second paragraph of the definition of “GAAP” with respect to the treatment of
operating leases and Capitalized Lease Obligations under GAAP (or IFRS) and until such amendment has become effective, all obligations of any Person that are or would have been treated as operating leases for purposes of GAAP prior to the issuance
by the Financial Accounting Standards Board on February 25, 2016 of an Accounting Standards Update (the “ASU”) shall continue to
be accounted for as operating leases for purposes of all financial definitions and calculations for purpose of this Agreement (whether or not such
operating lease obligations were in effect on such date) notwithstanding the fact that such obligations are required in accordance with the ASU (on a prospective or retroactive basis or otherwise) to be treated as Capitalized Lease Obligations in
the financial statements to be delivered pursuant to Section 6.01.. 

SECTION 1.04 Rounding. Any financial ratios required to be satisfied in order for a specific action to be permitted under this
Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest
number (with a rounding-up if there is no nearest number). 
 SECTION 1.05 References to Agreements, Laws, etc. Unless otherwise
expressly provided herein, (1) references to Organizational Documents, agreements (including the Loan Documents) and other contractual instruments shall be deemed to include all subsequent amendments, restatements, extensions, supplements and
other modifications thereto, but only to the extent that such amendments, restatements, extensions, supplements and other modifications are not prohibited by any Loan Document; and (2) references to any Law shall include all statutory and
regulatory provisions consolidating, amending, replacing, supplementing or interpreting such Law. 
 SECTION 1.06 Times of Day and Timing
of Payment and Performance. Unless otherwise specified, (1) all references herein to times of day shall be references to New York time (daylight or standard, as applicable) and (2) when the payment of any obligation or the performance
of any covenant, duty or obligation is stated to be due or performance required on a day which is not a Business Day, the date of such payment (other than as described in the definition of “Interest Period”) or performance shall extend to
the immediately succeeding Business Day. 
 SECTION 1.07 Pro Forma and Other Calculations. 

(1) Notwithstanding anything to the contrary herein, financial ratios and tests, including the First Lien Net Leverage Ratio, the Secured Net
Leverage Ratio, the Total Net Leverage Ratio and the Interest Coverage Ratio shall be calculated in the manner prescribed by this Section 1.07; 

  
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 portion of the Interest Period applicable to the Closing Date Euro Term Loans immediately prior to the
Second Amendment Effective Date and with a EURIBOR Rate equal to the rate per annum for such Interest Period applicable to the Closing Date Euro Term Loans immediately prior to the Second Amendment Effective Date. 

(g) Immediately following the incurrence of the Term B Euro Loans incurred pursuant to clause (f) above, subject to the
terms and conditions set forth in the Second Amendment, each Term B Euro Incremental Lender severally agrees to make to the Borrower on the Second Amendment Effective Date one or more Term B Euro Incremental Loans denominated in Euros in an
aggregate principal amount equal to such Term B Euro Incremental Lender’s Term B Euro Incremental Commitment. Amounts borrowed under this Section 2.01(1)(g) and repaid or prepaid may not be reborrowed. The Term B Euro Incremental Loan
shall be EURIBOR Rate Loans. For the avoidance of doubt, from and after the Second Amendment Effective Date, the Term B Euro Incremental Loans shall constitute Term B Euro Loans and be of the same Class as the Term B Euro Loans. 

(h)
 Subject to the terms and conditions set forth in the Third Amendment, each 2019 Term B USD Incremental Lender severally agrees to make to the Borrower on the Third Amendment Effective Date one or more 2019 Term B USD Incremental Loans denominated
in Dollars in an aggregate principal amount equal to such 2019 Term B USD Incremental Lender’s 2019 Term B USD Incremental Commitment. Amounts borrowed under this Section 2.01(1)(h) and repaid or prepaid may not be reborrowed. The 2019
Term B USD Incremental Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein. For the avoidance of doubt, from and after the Third Amendment Effective Date, the 2019 Term B USD Incremental Loans shall constitute Term B
USD Loans and be of the same Class as the Term B USD Loans. Notwithstanding anything to the contrary contained herein, the 2019 Term B USD Incremental Loans will initially be Eurodollar Rate Loans with an Interest Period equal to the unexpired
portion of the Interest Period applicable to the Term B USD Loans immediately prior to the Third
Amendment Effective Date and
with a Eurodollar Rate equal to the rate per annum for such Interest Period applicable to the Term B USD
Loans immediately prior to the Third Amendment Effective Date. 

(i)
 Subject to the terms and conditions set forth in the Third Amendment, each 2019 Term B Euro Incremental Lender severally agrees to make to the Borrower on the Third Amendment Effective Date one or more 2019 Term B Euro Incremental Loans denominated
in Euros in an aggregate principal amount equal to such 2019 Term B Euro Incremental Lender’s 2019 Term B Euro Incremental Commitment. Amounts borrowed under this Section 2.01(1)(i) and repaid or prepaid may not be reborrowed. The 2019
Term B Euro Incremental Loans shall be EURIBOR Rate Loans. For the avoidance of doubt, from and after the Third Amendment Effective Date, the 2019 Term B Euro Incremental Loans shall constitute Term B Euro Loans and be of the same Class as the Term
B Euro Loans. Notwithstanding anything to the contrary contained herein, the 2019 Term B Euro Incremental Loans will initially be EURIBOR Rate Loans with an Interest Period equal to the unexpired portion of the Interest Period applicable to the Term
B Euro Loans immediately prior to the Third Amendment Effective Date and with a EURIBOR Rate equal to the rate per annum for such Interest Period applicable to the Term B Euro Loans immediately prior to the Third Amendment Effective Date. 
 (2) Revolving Borrowings. Subject to the terms and conditions set forth herein, each
Revolving Lender severally agrees to make loans denominated in Dollars from its applicable Lending Office (each such loan, a “Revolving Loan”) to the Borrower from time to time, on any Business Day during the period from the Closing
Date until the Maturity Date, in an aggregate principal 

  
 111 

 Additionally, notwithstanding anything else in this Agreement to the contrary, in the event
that any Term Loan of any Lender would otherwise be repaid or prepaid from the proceeds of other Term Loans being funded on the date of such repayment or prepayment, if agreed to by the Borrower and such Lender and notified to the Administrative
Agent prior to the date of the applicable repayment or prepayment, all or any portion of such Lender’s Term Loan that would have otherwise been repaid or prepaid in connection therewith may be converted on a “cashless roll” basis into
a new Term Loan. 
 SECTION 2.06 Termination or Reduction of Commitments. 

(1) Optional. The Borrower may, upon written notice by the Borrower to the Administrative Agent, terminate the unused Commitments of any
Class, or from time to time permanently reduce the unused Commitments of any Class, in each case without premium or penalty; provided that 

(a) any such notice shall be received by the Administrative Agent three (3) Business Days prior to the date of termination
or reduction, 
 (b) any such partial reduction shall be in an aggregate amount of $5.0 million or any whole multiple of $1.0
million in excess thereof or, if less, the entire amount thereof and 
 (c) if, after giving effect to any reduction of the
Commitments, the L/C Sublimit exceeds the amount of the Revolving Facility, the L/C Sublimit shall be automatically reduced by the amount of such excess. 

Except as provided above, the amount of any such Revolving Commitment reduction shall not be applied to the L/C Sublimit unless otherwise
specified by the Borrower. Notwithstanding the foregoing, the Borrower may rescind or postpone any notice of termination of any Commitments if such termination would have resulted from a refinancing of all of the applicable Facility or other
conditional event, which refinancing or other conditional event shall not be consummated or shall otherwise be delayed. 
 (2)
Mandatory. The Additional Term B USD Commitment of the Additional Term B USD Lender on the Second Amendment Effective Date shall be automatically and permanently reduced to $0 upon the making of such Lender’s Term B USD Loans to the
Borrower pursuant to Section 2.01(1)(e). The Additional Term B Euro Commitment of the Additional Term B Euro Lender on the Second Amendment Effective Date shall be automatically and permanently reduced to €0 upon the making of such
Lender’s Term B Euro Loans to the Borrower pursuant to Section 2.01(1)(f). The Term B Euro Incremental Commitment of the Term B Euro Incremental Lender on the Second Amendment Effective Date shall be automatically and permanently reduced
to €0 upon the making of such Lender’s Term B Euro Incremental Loans to the Borrower pursuant to Section 2.01(1)(g). The
2019 Term B USD Incremental Commitment of the 2019 Term B USD Incremental Lender on the Third Amendment Effective Date
shall be automatically and permanently reduced to $0 upon the making of such Lender’s 2019 Term B USD Incremental Loans to the Borrower pursuant to Section 2.01(1)(h). The 2019 Term B Euro Incremental Commitment of the 2019 Term B Euro
Incremental Lender on the Third Amendment Effective Date shall be automatically and permanently reduced to $0 upon the making of such Lender’s 2019 Term B Euro Incremental Loans to the Borrower pursuant to Section 2.01(1)(i).
The Revolving Commitment of each Revolving Lender shall automatically and permanently terminate on the Maturity Date for the applicable Revolving Facility. 

  
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 (3) Application of Commitment Reductions; Payment of Fees. The Administrative Agent
will promptly notify the Appropriate Lenders of any termination or reduction of unused portions of the L/C Sublimit or the unused Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any Class, the
Commitment of each Lender of such Class shall be reduced on a pro rata basis (determined on the basis of the aggregate Commitments under such Class) (other than the termination of the Commitment of any Lender as provided in Section 3.07). Any
commitment fees accrued until the effective date of any termination of the Revolving Commitments shall be paid on the effective date of such termination. 

SECTION 2.07 Repayment of Loans. 

(1) Term B Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Appropriate Lenders (a) on
the last Business Day of each March, June, September and December, commencing with December 31, 2018, an aggregate principal amount
(x) with respect to the Term B USD Loans, in Dollars equal to
0.25% of the aggregate principal amount of all Term B USD Term Loans outstanding on the Second Amendment Effective Date and (y) in Euros equal to 0.25% of the
aggregate principal amount of all Term B Euro Loans
outstanding on the Second Amendment Effective Date
$7,756,303.62 and (y) with respect to the
Term B Euro
Loans, in Euros equal to €2,743,965.25 (in each
case, which payments shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05) and (b) on the Maturity Date for the Term B Loans, the aggregate principal amount of
all Term B Loans outstanding on such date. In connection with any Incremental Term Loans that constitute part of the same Class as the Term B USD Loans or Term B Euro Loans, as applicable, the Borrower and the Administrative Agent shall be permitted
to adjust the rate of prepayment in respect of such Class such that the Term Lenders holding Term B USD Loans or Term B Euro Loans, as applicable, comprising part of such Class continue to receive a payment that is not less than the same Dollar
amount that such Term Lenders would have received absent the incurrence of such Incremental Term Loans; provided, that if such Incremental Term Loans are to be “fungible” with the Term B USD Loans or Term B Euro Loans, as
applicable, notwithstanding any other conditions specified in this Section 2.07(1), the amortization schedule for such “fungible” Incremental Term Loan may provide for amortization in such other percentage(s) to be agreed by the
Borrower and the Administrative Agent to ensure that the Incremental Term Loans will be “fungible” with the Term B USD Loans or Term B Euro Loans, as applicable. 

(2) Revolving Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Appropriate Lenders on the
Maturity Date for the applicable Revolving Facility the aggregate principal amount of all Revolving Loans under such Facility outstanding on such date. 

(3) Non-Converted Closing Date Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of each Term
Lender with Non-Converted Closing Date Term Loans, the full amount of Non-Converted Closing Date Term Loans on the Second Amendment Effective Date. 

SECTION 2.08 Interest. 

(1) Subject to the provisions of Section 2.08(2), (a) each Eurodollar Rate Loan shall bear interest on the outstanding principal
amount thereof for each Interest Period at a rate per annum equal to the Eurodollar Rate for such Interest Period, plus the Applicable Rate, (b) each Base Rate Loan shall bear interest on the outstanding principal amount thereof from the
applicable Borrowing date at a rate per annum equal to the Base Rate, plus the Applicable Rate and (c) each EURIBOR Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum
equal to the EURIBOR Rate for such Interest Period, plus the Applicable Rate. 

  
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 (2) During the continuance of a Default under Section 8.01(1), the Borrower shall pay
interest on past due amounts hereunder at a fluctuating interest rate per annum at all times equal to the Default Rate to the fullest extent permitted by applicable Laws; provided that no interest at the Revolving Commitments to the extent
such consent, if any, would be required under Section 10.07(b) for an assignment of Loans or Revolving Commitments, as applicable, to such Additional Lender, (ii) with respect to Incremental Term Commitments, any Affiliated Lender
providing an Incremental Term Commitment shall be subject to the same restrictions set forth in Section 10.07(h) as they would otherwise be subject to with respect to any purchase by or assignment to such Affiliated Lender of Term Loans and
(iii) Affiliated Lenders may not provide Incremental Revolving Commitments. 
 (4) Effectiveness of Incremental Amendment. The
effectiveness of any Incremental Amendment and the availability of any initial credit extensions thereunder shall be subject to the satisfaction on the date thereof (the “Incremental Facility Closing Date”) of each of the following
conditions (subject to Section 1.07(10)): 
 (a) (x) no Event of Default shall exist after giving effect to
such Incremental Commitments; provided that, with respect to any Incremental Amendment the primary purpose of which is to finance an acquisition or other Investment permitted by this Agreement, the requirement pursuant to this
clause (4)(a)(x) shall be that no Event of Default under Section 8.01(1) or, solely with respect to the Borrower, Section 8.01(6) shall exist after giving effect to such Incremental Commitments, and (y) the representations and
warranties of the Borrower contained in Article V or any other Loan Document shall be true and correct in all material respects on and as of the date of such Incremental Amendment (provided that, to the extent that such representations and
warranties specifically refer to an earlier date, they shall be 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 shall be true and correct (after giving effect to any qualification therein) in all respects on such respective dates); provided that, in connection with an
acquisition or other Investment permitted hereunder, the conditions in clause (x) and in clause (y) shall only be required to the extent requested by the Persons providing more than 50% of the applicable Incremental Term Loans and
Incremental Term Commitments or Incremental Revolving Loans and Incremental Revolving Commitments, as the case may be (provided, further, that, in the case of an acquisition or other Investment with a purchase price in excess of $100.0 million, the
conditions contained in the proviso to clause (x) with respect to no Event of Default under Section 8.01(1) or, solely with respect to the Borrower, Section 8.01(6) and in clause (y) with respect to Specified Representations, in
each case, shall be required whether or not requested by such Persons, unless waived in accordance with Section 10.01); 

(b) each Incremental Term Commitment shall be in an aggregate principal amount that is not less than $5.0 million
(provided that such amount may be less than $5.0 million if such amount represents all remaining availability under the limit set forth in clause (c) of this Section 2.14(4)) and each Incremental Revolving Commitment shall be in an
aggregate principal amount that is not less than $5.0 million (provided that such amount may be less than $5.0 million if such amount represents all remaining availability under the limit set forth in clause (c) of Section 2.14(4));

 (c) the aggregate principal amount of Incremental Term Loans and Incremental Revolving Commitments shall not, together
with the aggregate principal amount of Permitted Incremental Equivalent Debt, exceed the sum of: 
 (A) (1) $500.0
million plus any General Debt Basket Reallocated Amount less the Second Lien Incremental Usage Amount
(for the avoidance of doubt, it being agreed that as of the Third Amendment Effective Date, no Incremental Loans or
Incremental Commitments have been incurred pursuant to this clause (1)) plus (2) the 

  
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 (B) (x) in the case of any Incremental Loans or Incremental Commitments
that effectively extend the Maturity Date of, or refinance, any Facility, an amount equal to the portion of the Facility to be replaced with (or refinanced by) such Incremental Loans or Incremental Commitments and (y) in the case of any
Incremental Loans or Incremental Commitments that effectively replace any Commitment or Loan that is terminated or cancelled in accordance with Section 3.07, an amount equal to the portion of the relevant terminated or cancelled Commitment or
Loan, plus 
 (C) solely to the extent not in duplication of prepayments, redemptions, repurchases or permanent
commitment reductions described in Section 2.14(4)(c)(A)(2), the aggregate amount of (x) voluntary prepayments, redemptions or repurchases of Term Loans and Permitted Incremental Equivalent Debt (other than any Permitted Incremental
Equivalent Debt that is a revolving credit facility) (including purchases of Term Loans or Permitted Incremental Equivalent Debt by Holdings, the Borrower or any of its Subsidiaries), (y) voluntary permanent commitment reductions in respect of
Revolving Commitments or Permitted Incremental Equivalent Debt consisting of revolving credit commitments and (z) voluntary prepayments, redemptions or repurchases of any Credit Agreement Refinancing Indebtedness, Other Loans, Refinancing
Indebtedness or other Indebtedness, in each case, previously applied to the prepayment, redemption or repurchase of any Term Loans and Permitted Incremental Equivalent Debt (other than any Permitted Incremental Equivalent Debt that is a revolving
credit facility), in the case of this clause (z), so long as such prepayment, redemption or repurchase was not previously included in clause (x) above; other than, in each case under clauses (x) and (z), from proceeds of long-term
Indebtedness (other than revolving credit facilities) provided, that for the avoidance of doubt, this clause (C) shall not give credit to any prepayment of Closing Date Term Loans with the proceeds of, or by the conversion into, Term B
Loans, plus 
 (D) an unlimited amount, so long as in the case of this clause (D) only, 

(x) in the case of Incremental Loans or Incremental Revolving Commitments secured by Liens on all or a portion of the
Collateral on a basis that is equal in priority to the Liens on the Collateral securing the First Lien Obligations under this Agreement (but without regard to the control of remedies), either (I) the First Lien Net Leverage Ratio for the Test
Period most recently ended calculated on a pro forma basis after giving effect to any such incurrence, does not exceed 4.254.75 to 1.00 (including in connection with an acquisition or other
similar Investment permitted under this Agreement) or (II) to the extent such Incremental Loans or Incremental Revolving Commitments are incurred in connection with an acquisition or other similar Investment permitted under this Agreement, the First
Lien Net Leverage Ratio for the Test Period most recently ended calculated on a pro forma basis after giving effect to any such incurrence is no greater than the First Lien Net Leverage Ratio immediately prior to giving effect to such
incurrence of Incremental Loans or establishment of Incremental Revolving Commitments (in each case under clauses (I) and (II), in the case of an incurrence of Incremental Revolving Commitments, assuming such Incremental Revolving Commitments
are fully drawn and calculating the First Lien Net Leverage Ratio without netting the cash proceeds from such Incremental Loans then proposed to be incurred)
(it being agreed that the 2019 Term B USD Incremental Loans and 2019 Term B Euro Incremental Loans shall be
deemed to be incurred pursuant to this clause (4)(c)(D)(x)), 

  
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 (y) in the case of Incremental Loans or Incremental Revolving Commitments
secured by Liens on all or a portion of the Collateral on a basis that is junior in priority to the Liens on the Collateral securing the First Lien Obligations under this Agreement, either (I) the Secured Net Leverage Ratio for the Test Period
most recently ended calculated on a pro forma basis after giving effect to any such incurrence, does not exceed 5.255.75 to 1.00 (including in connection with an acquisition or other
similar Investment permitted under this Agreement) or (II) to the extent such Incremental Loans or Incremental Revolving Commitments are incurred in connection with an acquisition or other similar Investment permitted under this Agreement, the
Secured Net Leverage Ratio for the Test Period most recently ended calculated on a pro forma basis after giving effect to any such incurrence is no greater than the Secured Net Leverage Ratio immediately prior to giving effect to such
incurrence of Incremental Loans or establishment of Incremental Revolving Commitments (in each case under clauses (I) and (II), in the case of an incurrence of Incremental Revolving Commitments, assuming such Incremental Revolving Commitments
are fully drawn and calculating the Secured Net Leverage Ratio without netting the cash proceeds from such Incremental Loans then proposed to be incurred) and 

(z) in the case of Incremental Loans or Incremental Revolving Commitments that are unsecured, (i) the Total Net Leverage
Ratio for the Test Period most recently ended calculated on a pro forma basis after giving effect to any such incurrence, does not exceed 5.506.00 to 1.00 (including in connection with an acquisition or other
similar Investment permitted under this Agreement) or (ii) to the extent such Incremental Loans or Incremental Revolving Commitments are incurred in connection with an acquisition or other Investment permitted under this Agreement, the Total
Net Leverage Ratio for the Test Period most recently ended calculated on a pro forma basis after giving effect to any such incurrence is no greater than the Total Net Leverage Ratio immediately prior to giving effect to such incurrence of
Incremental Loans or establishment of Incremental Revolving Commitments (in each case in the case of an incurrence of Incremental Revolving Commitments, assuming such Incremental Revolving Commitments are fully drawn and calculating the Total Net
Leverage Ratio without netting the cash proceeds from such Incremental Loans then proposed to be incurred); 
 (the amount available under
clauses (A) through (D), the “Available Incremental Amount”). The Borrower may elect to use clause (D) of the Available Incremental Amount regardless of whether the Borrower has capacity under clauses (A), (B) or
(C) of the Available Incremental Amount. Further, the Borrower may elect to use clause (D) of the Available Incremental Amount prior to using clauses (A), (B) or (C) of the Available Incremental Amount, and if both clause
(D) and clauses (A), (B) or (C) of the Available Incremental Amount are available and the Borrower does not make an election, then the Borrower will be deemed to have elected to use clause (D) of the Available Incremental Amount.
In addition, any Indebtedness originally designated as incurred pursuant to clauses (A), (B) or (C) of the Available Incremental Amount shall be automatically reclassified as incurred under clause (D) of the 

  
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 SECTION 2.18 Loan Repricing Protection. In the event that, on or prior to the date
that is six months after the
SecondThird
 Amendment Effective Date, the Borrower (a) makes any prepayment or as may be required by applicable Laws (a) correct any material defect or error that may be discovered in the execution,
acknowledgment, filing or recordation of any Collateral Document or other document or instrument relating to any Collateral, and (b) do, execute, acknowledge, deliver, record, re-record, file, re-file, register and re-register any and all such
further acts, deeds, certificates, assurances and other instruments as the Administrative Agent or Collateral Agent may reasonably request from time to time in order to satisfy the Collateral and Guarantee Requirement. 

(2) As promptly as practicable, and in any event no later than one hundred and twenty (120) days after the Closing Date or such later date
as the Administrative Agent reasonably agrees to in writing, including to reasonably accommodate circumstances unforeseen on the Closing Date, (a) deliver the documents or take the actions required pursuant to sub clauses (i) through
(v) of Section 6.11(2)(b) hereof with respect to any Material Real Properties listed in Schedule 1.01(2) and (b) deliver the documents or take the actions specified in Schedule 6.13(2), in each case except to the extent
otherwise agreed by the Collateral Agent pursuant to its authority as set forth in the definition of the term “Collateral and Guarantee Requirement.” 

SECTION 6.14 Use of Proceeds. The proceeds of (a) the Closing Date Term Loans made on the Closing Date, together with the proceeds
of the Second Lien Initial Term Loans, any Revolving Loans drawn on the Closing Date (to the extent permitted under this Agreement) and cash on hand, will be used to fund the Transactions, (b) any Revolving Loans will be used for working
capital and general corporate purposes and for any other purpose not prohibited by the Loan Documents; provided that the Closing Date Revolving Facility shall not be utilized to finance the Parent Distribution, (c) the Initial
Incremental Term Loans will be used solely (i) to finance certain acquisitions and investments, including all or a portion of the purchase price for Skyhigh Networks, Inc., (ii) to pay fees, costs and expenses related to such acquisitions
and investments and the transactions contemplated by the First Amendment and any other transaction occurring on the First Amendment Effective Date and (iii) for other general corporate purposes not prohibited by this Agreement and, (d) the Term B Loans made on the Second Amendment Effective Date will be used (i) to refinance the Closing Date Term Loans on the Second Amendment Effective Date and (ii) to pay fees, costs and
expenses in connection therewith and (e) the 2019 Term B Euro Incremental Loan and 2019 Term B USD
Incremental Loan made on the Third Amendment Effective Date will be used (i) to pay the 2019 Dividend and (ii) to pay fees, costs and expenses in connection therewith. 

SECTION 6.15 Maintenance of Ratings. Use commercially reasonable efforts to maintain (1) a public corporate credit rating (but not
any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Moody’s, in each case in respect of the Borrower, and (2) a public rating (but not any specific rating) in respect of each Term
Facility comprising the Term B Loans as of the
SecondThird
 Amendment Effective Date from each of S&P and Moody’s. 
 Article VII 

Negative Covenants 

So long as the Termination Conditions are not satisfied: 

SECTION 7.01 Liens. The Borrower shall not, nor shall the Borrower permit any Restricted Subsidiary to, directly or indirectly, create,
incur or assume any Lien (except any Permitted Lien(s)) that secures obligations under any Indebtedness or any related guarantee of Indebtedness on any asset or property of the Borrower or any Restricted Subsidiary, or any income or profits
therefrom. 

  
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 The expansion of Liens by virtue of accretion or amortization of original issue discount,
the payment of dividends in the form of Indebtedness, and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies will not be deemed to be an incurrence of Liens for purposes of this
Section 7.01. 
 SECTION 7.02 Indebtedness. 

(a) The Borrower shall not, nor shall the Borrower permit any Restricted Subsidiary to, directly or indirectly: 

(i) create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise
(collectively, “incur” and collectively, an “incurrence”) with respect to any Indebtedness (including Acquired Indebtedness), or 

(ii) issue any shares of Disqualified Stock or permit any Restricted Subsidiary to issue any shares of Disqualified Stock or
Preferred Stock; 
 provided that the Borrower may incur Indebtedness (including Acquired Indebtedness) or issue shares of Disqualified Stock, and
any Restricted Subsidiary may incur Indebtedness (including Acquired Indebtedness), issue shares of Disqualified Stock and issue shares of Preferred Stock, in each case, if (any Indebtedness, Disqualified Stock or Preferred Stock incurred or issued
pursuant to following clauses (A), (B) and (C), “Permitted Ratio Debt”): 
 (A) with respect to
Indebtedness secured by the Collateral on a pari passu basis with the First Lien Obligations, the First Lien Net Leverage Ratio for the Test Period preceding the date on which such Indebtedness is incurred (without netting any cash received
from the incurrence of such Indebtedness proposed to be incurred) would be no greater than 4.254.75 to 1.00; 

(B) with respect to Indebtedness secured by the Collateral on a basis that is junior in priority to the First Lien Obligations,
the Secured Net Leverage Ratio for the Test Period preceding the date on which such Indebtedness is incurred (without netting any cash received from the incurrence of such Indebtedness proposed to be incurred) would be no greater than 5.255.75 to 1.00; or 
 (C) with respect to Indebtedness that is not secured by the
Collateral, including all Indebtedness of Restricted Subsidiaries that are not Guarantors, or any Disqualified Stock or Preferred Stock, the Total Net Leverage Ratio for the Test Period preceding the date on which such Indebtedness is incurred or
such Disqualified Stock or Preferred Stock is issued (without netting any cash received from the incurrence of such Indebtedness proposed to be incurred) would be no greater than 5.506.00 to 1.00, 
 in each case, determined on a pro forma basis (including a pro forma application of
the net proceeds therefrom), as if the additional Indebtedness had been incurred, or the Disqualified Stock or Preferred Stock had been issued, as the case may be, and the application of proceeds therefrom had occurred at the beginning of such Test
Period; 
 provided further that (I) Restricted Subsidiaries of the Borrower that are not Guarantors may not incur Indebtedness or issue
Disqualified Stock or Preferred Stock under this Section 7.02(a) if, after giving pro forma effect to such incurrence or issuance (including a pro forma application of the net proceeds therefrom), the aggregate principal amount of
Indebtedness, liquidation preference of Disqualified Stock and amount of Preferred Stock of such Restricted Subsidiaries incurred or issued pursuant to this Section 

  
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incurred or otherwise obtained) (i) the greater of (I) $200.0 million and (II) 25.0% of Consolidated EBITDA of the Borrower and the Restricted Subsidiaries for the most recently ended
Test Period (calculated on a pro forma basis) plus, without duplication, (ii) in the event of any extension, replacement, refinancing, renewal or defeasance of any such Indebtedness, Disqualified Stock or Preferred Stock, an
amount equal to (x) any accrued and unpaid interest on the Indebtedness, any accrued and unpaid dividends on the Preferred Stock, and any accrued and unpaid dividends on the Disqualified Stock being so refinanced, extended, replaced, refunded,
renewed or defeased plus (y) the amount of any tender premium or penalty or premium required to be paid under the terms of the instrument or documents governing such Indebtedness, Disqualified Stock or Preferred Stock and any defeasance
costs and any fees and expenses (including original issue discount, upfront fees, underwriting, arrangement and similar fees) incurred in connection with the issuance of such new Indebtedness, Disqualified Stock or Preferred Stock or the extension,
replacement, refunding, refinancing, renewal or defeasance of such Indebtedness, Disqualified Stock or Preferred Stock, minus (iii) any General Debt Basket Reallocated Amount; 

(13) the incurrence or issuance by the Borrower of Refinancing Indebtedness or the incurrence or issuance by a Restricted
Subsidiary of Refinancing Indebtedness that serves to Refinance any Indebtedness (including any Designated Revolving Commitments) permitted under Section 7.02(a) and clauses (b)(3) and (12)(a) above, this clause (13) and clauses
(14) and (30), or any successive Refinancing Indebtedness with respect to any of the foregoing; 
 (14) (a) the
incurrence or issuance of: 
 (x) Indebtedness or Disqualified Stock of the Borrower or Indebtedness, Disqualified Stock or Preferred Stock
of a Restricted Subsidiary, incurred or issued to finance an acquisition or investment (or other purchase of assets), or 
 (y)
Indebtedness, Disqualified Stock or Preferred Stock (I) of Persons that are acquired by the Borrower or any Restricted Subsidiary or merged into, amalgamated or consolidated with the Borrower or a Restricted Subsidiary in accordance with the
terms of this Agreement or (II) that is assumed by the Borrower or any Restricted Subsidiary in connection with such acquisition or investment (or other purchase of assets), 

in an aggregate principal amount or liquidation preference, together with any Refinancing Indebtedness in respect of any of the foregoing
(excluding any Incremental Amounts), not to exceed (i) the greater of $270.0 million and 35.0% of Consolidated EBITDA plus (ii) an unlimited amount so long as in the case of this clause (ii) only, either: 

(A) with respect to Indebtedness secured by the Collateral on a pari passu basis with the First Lien Obligations, the
First Lien Net Leverage Ratio for the Test Period preceding the date on which such Indebtedness is incurred (without netting any cash received from the incurrence of such Indebtedness proposed to be incurred) would be no greater than the greater of
(I) 
4.254.75 to 1.00 and (II) the First Lien Net Leverage Ratio immediately prior to giving effect to such incurrence of such Indebtedness; 

(B) with respect to Indebtedness secured by the Collateral on a basis that is junior in priority to the First Lien Obligations,
the Secured Net Leverage Ratio for the Test Period preceding the date on which such Indebtedness is incurred (without netting 

  
 191 

 
any cash received from the incurrence of such Indebtedness proposed to be incurred) would be no greater than the greater of (I) 5.255.75 to 1.00 and (II) the Secured Net Leverage Ratio immediately prior to giving effect to such incurrence of such Indebtedness; or 

(C) with respect to Indebtedness that is not secured by the Collateral, including all Indebtedness of Restricted Subsidiaries
that are not Guarantors, or any Disqualified Stock or Preferred Stock, the Total Net Leverage Ratio for the Test Period preceding the date on which such Indebtedness is incurred or such Disqualified Stock or Preferred Stock is issued (without
netting any cash received from the incurrence of such Indebtedness proposed to be incurred) would be no greater than the greater of (I) 5.506.00 to 1.00 and (II) the Total Net Leverage Ratio immediately prior to
giving effect to such incurrence of such Indebtedness or the issuance of such Disqualified Stock or Preferred Stock; 
 provided
that (x) with respect to such Indebtedness, Restricted Subsidiaries of the Borrower that are not Guarantors may not incur Indebtedness or issue Disqualified Stock or Preferred Stock under clause (14)(a) if, after giving pro
forma effect to such incurrence or issuance (including a pro forma application of the net proceeds therefrom), the aggregate principal amount of Indebtedness, liquidation preference of Disqualified Stock and amount of Preferred Stock of
such Restricted Subsidiaries incurred or issued pursuant to clause (14)(a), together with any principal amounts incurred, assumed or issued by such Restricted Subsidiaries under Section 7.02(a) and any Refinancing Indebtedness in respect of any
of the foregoing (excluding any Incremental Amounts), in each case then outstanding, would exceed (as of the date of such indebtedness, Disqualified Stock or Preferred Stock is issued, incurred or otherwise obtained) the greater of (i) $500.0
million and (ii) 65.0% of Consolidated EBITDA of the Borrower and the Restricted Subsidiaries for the most recently ended Test Period (calculated on a pro forma basis), (y) such Indebtedness (I) shall not mature earlier than
the Original Term Loan Maturity Date and (II) shall have a Weighted Average Life to Maturity not shorter than the remaining Weighted Average Life to Maturity of the Term B Loans on the date of incurrence of such Indebtedness and (z) if any such
Indebtedness under clause (i) or clause (ii)(A) consists of syndicated Dollar-denominated or Euro-denominated term loans secured by a Lien on the Collateral ranking pari passu with the First Lien Obligations under this Agreement, then
the Borrower shall comply with the “most favored nation” pricing provisions of Section 2.14(5)(c) (to the extent then applicable) as if such Indebtedness were Incremental Term Loans incurred pursuant to Section 2.14; 

(b) so long as not created in contemplation of such acquisition or investment, (i) Indebtedness or Disqualified Stock that
is assumed by the Borrower or any Restricted Subsidiary in connection with an acquisition or investment (or other purchase of assets) and (ii) Indebtedness, Disqualified Stock or Preferred Stock of Persons that are acquired by the Borrower or
any Restricted Subsidiary or merged into, amalgamated or consolidated with the Borrower or a Restricted Subsidiary in accordance with the terms of this Agreement, in each case in an aggregate principal amount or liquidation preference, together with
any Refinancing Indebtedness in respect thereof (excluding any Incremental Amounts), not to exceed (as of the date such Indebtedness, Disqualified Stock or Preferred Stock is assigned or acquired) (A) the greater of $115.0 million and 15.0% of
Consolidated EBITDA of the Borrower and the Restricted Subsidiaries for the most recently ended Test Period (calculated on a pro forma basis) plus (B) an unlimited amount of Indebtedness, Disqualified Stock or Preferred Stock so long as, after
giving pro forma effect to the assumption or acquisition of such Indebtedness, Disqualified Stock or Preferred stock and such acquisition or investment (or other purchase of assets), the 

  
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 (D) make any Restricted Investment; 

(all such payments and other actions set forth in clauses (A) through (D) above being collectively referred to as “Restricted
Payments”), unless, at the time of and immediately after giving effect to such Restricted Payment: 
 (1) in the
case of a Restricted Payment described in clauses (A) and (B) above utilizing clause 3(a) or (g) below, no Event of Default under Section 8.01(1) or Section 8.01(6) will have occurred and be continuing or would occur as a
consequence thereof; 
 (2) [reserved]; 

(3) such Restricted Payment, together with the aggregate amount of all other Restricted Payments (including the fair market
value of any non-cash amount) made by the Borrower and its Restricted Subsidiaries after the ClosingThird Amendment Effective Date (excluding Restricted Payments permitted
by 7.05(b) other than clause (1) thereof), is less than the sum of (without duplication): 
 (a) 50.0% of the
Consolidated Net Income of the Borrower and the Restricted Subsidiaries for the period (taken as one accounting period) commencing on April 3, 2017 to the end of the most recently ended fiscal quarter for which internal financial statements of
the Borrower are available (as determined in good faith by the Borrower) preceding such Restricted Payment or, in the case such Consolidated Net Income for such period is a deficit, minus 100.0% of such deficit; plus 

(b) 100.0% of the aggregate net cash proceeds and the fair market value of marketable securities or other property received by
the Borrower and its Restricted Subsidiaries since the Closing Date (other than net cash proceeds to the extent such net cash proceeds have been used to incur Indebtedness or issue Disqualified Stock or Preferred Stock pursuant to
Section 7.02(b)(12)(a)) from the issue or sale of: 
 (i) (A) Equity Interests of the Borrower, including Treasury
Capital Stock (as defined below), but excluding cash proceeds and the fair market value of marketable securities or other property received from the sale of: 

(I) Equity Interests to any future, present or former employees, directors, officers, members of management, consultants or
independent contractors (or their respective Controlled Investment Affiliates, Immediate Family Members or any permitted transferees thereof) of the Borrower, its Subsidiaries or any Parent Company after the Closing Date to the extent such amounts
have been applied to Restricted Payments made in accordance with Section 7.05(b)(4); and 
 (II) Designated Preferred
Stock; and 
 (B) Equity Interests of Parent Companies, to the extent the proceeds of any such issuance or consideration for
any such sale are contributed to the Borrower (excluding contributions of the proceeds from the sale of Designated Preferred Stock of such companies or contributions to the extent such amounts 

  
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 provided that in the case of each of clauses (a), (b) and (c) of this
clause (6), for the most recently ended Test Period preceding the date of issuance of such Designated Preferred Stock or the declaration of such dividends on Refunding Capital Stock that is Preferred Stock, after giving effect to such issuance or
declaration on a pro forma basis, the Borrower would have had a Interest Coverage Ratio of at least 2.00 to 1.00; 

(7) (a) payments made or expected to be made by the Borrower or any Restricted Subsidiary in respect of withholding or
similar taxes payable by any future, present or former employee, director, officer, member of management, consultant or independent contractor (or their respective Controlled Investment Affiliates or Immediate Family Members or permitted
transferees) of the Borrower, any Restricted Subsidiary or any Parent Company, 
 (b) any repurchases or withholdings of
Equity Interests in connection with the exercise of stock options, warrants or similar rights if such Equity Interests represent a portion of the exercise price of, or withholding obligations with respect to, such options, warrants or similar rights
or required withholding or similar taxes and 
 (c) loans or advances to officers, directors, employees, managers,
consultants and independent contractors of the Borrower, any Restricted Subsidiary or any Parent Company in connection with such Person’s purchase of Equity Interests of the Borrower or any Parent Company; provided that no cash is
actually advanced pursuant to this clause (c) other than to pay taxes due in connection with such purchase, unless immediately repaid; 

(8) the declaration and payment of dividends on the Borrower’s common equity (or the payment of dividends to any Parent
Company to fund a payment of dividends on such company’s common equity), following the first public offering of the Borrower’s common equity or the common equity of any Parent Company after the Closing Date, in an aggregate amount per
annum not to exceed 6.0% of Market Capitalization; 
 (9) Restricted Payments in an amount that does not exceed the aggregate
amount of Excluded Contributions; 
 (10) Restricted Payments in an aggregate amount taken together with all other Restricted
Payments made pursuant to this clause (10) after the Third Amendment Effective Date not to exceed (as of the date any such Restricted Payment is made) $100.0 million; provided that if this clause (10) is utilized to make a Restricted Investment, the amount deemed to be utilized under this
clause (10) will be the amount of such Restricted Investment at any time outstanding (with the fair market value of such Investment being measured at the time made and without giving effect to subsequent changes in value, but subject to
adjustment as set forth in the definition of “Investment”); 
 (11) distributions or payments of
Securitization Fees; 
 (12) any Restricted Payment made in connection with the Transactions and the fees and expenses
related thereto; 
 (13) the repurchase, redemption, defeasance, acquisition or retirement for value of any Junior
Indebtedness from Excluded Proceeds (except to the extent utilized to make Restricted Payments pursuant to clause (f) of Section 7.05(a)); 

  
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 (14) the declaration and payment of dividends or distributions by the
Borrower or any Restricted Subsidiary to, or the making of loans or advances to, the Borrower or any Parent Company in amounts required for any Parent Company to pay in each case without duplication: 

(a) franchise, excise and similar taxes and other fees and expenses, required to maintain their corporate or other legal
existence; 
 (b) for any taxable period (or portion thereof) for which the Borrower or any of its Restricted Subsidiaries
are members of a consolidated, combined, unitary or similar income tax group for U.S. federal or applicable foreign, state or local income tax purposes of which a Parent Company is the common parent (a “Tax Group”), to pay the
portion of any U.S. federal, foreign, state or local income Taxes (as applicable) of such Tax Group for such taxable period that are attributable to the taxable income of the Borrower and/or the applicable Restricted Subsidiaries (and, to the extent
permitted below, the applicable Unrestricted Subsidiaries); provided that for each taxable period, (A) the amount of such payments made in respect of such taxable period in the aggregate will not exceed the amount that the Borrower and
the applicable Restricted Subsidiaries (and, to the extent permitted below, the applicable Unrestricted Subsidiaries), as applicable, would have been required to pay in respect of such taxable income as stand-alone taxpayers or a stand-alone Tax
Group and (B) the amount of such payments made in respect of an Unrestricted Subsidiary will be permitted only to the extent that cash distributions were made by an Unrestricted Subsidiary to the Borrower or any Restricted Subsidiary for such
purpose; 
 (c) for any taxable period (or portion thereof) for which the Borrower and any Parent Company is a partnership or
disregarded entity for U.S. federal income tax purposes (amounts permitted to be distributed, loaned or advanced pursuant to this clause (c), “Tax Distributions”): cash distributions from the Borrower at such times and in such
amounts necessary to permit each Parent Company to make cash distributions to each direct or indirect member of the Parent Company in accordance with the terms of its relevant operating agreement, in an aggregate amount not to exceed the sum of
(I) any non-income Taxes payable by such member with respect to the Borrower and (II) the product of (A) the taxable income of the Borrower allocable to such member for such period (assuming the Borrower for this purpose is a regarded
entity for U.S. federal income tax purposes), determined by taking into account any basis step-up in the assets of the Borrower or any of its Subsidiaries resulting from the Transactions (other than any basis adjustment arising under section 743 of
the Code), and (B) the maximum combined effective tax rate applicable to any direct or indirect equity owner of the Borrower or Parent Company for such taxable period (taking into account the Medicare Contribution Tax on net investment income
tax, the character of the taxable income in question (e.g. long-term capital gain, qualified dividend income, etc.) and the deductibility of state and local income taxes for U.S. federal income tax purposes (and any applicable limitations thereon,
including the limitations in Sections 67 and 68 of the Code) and adjusted to the extent necessary to calculate federal, state and local tax liability separately so as to take into account the limitations under Section 163 of the Code and the calculation under
the applicable state and local tax laws of taxable income and taxable losses and the extent to which such losses may offset such income) increased if necessary to apply alternative minimum tax rates and rules in years in which the alternative
minimum tax applies (or would apply based on the assumptions stated herein) to the relevant distributee if the distributee were an individual or a corporation, assuming each distributee’s sole asset is its direct or indirect interest in the
Borrower)); provided that the amount of any Tax complies with the terms of this Agreement or any other transaction that complies with the terms of this Agreement; 

  
 208 

 (20) the payment of dividends, other distributions and other amounts by the
Borrower to, or the making of loans to, any Parent Company in the amount required for such parent to, if applicable, pay amounts equal to amounts required for any Parent Company, if applicable, to pay interest or principal (including AHYDO Payments)
on Indebtedness, the proceeds of which have been permanently contributed to the Borrower or any Restricted Subsidiary and that has been guaranteed by, or is otherwise considered Indebtedness of, the Borrower or any Restricted Subsidiary incurred in
accordance with this Agreement; provided that the aggregate amount of such dividends, distributions, loans and other amounts shall not exceed the amount of cash actually contributed to the Borrower for the incurrence of such Indebtedness; 

(21) the making of cash payments in connection with any conversion of Convertible Indebtedness of the Borrower or any
Restricted Subsidiary in an aggregate amount since the date of this Agreement not to exceed the sum of (a) the principal amount of such Convertible Indebtedness plus (b) any payments received by the Borrower or any Restricted Subsidiary
pursuant to the exercise, settlement or termination of any related Permitted Bond Hedge Transaction; 
 (22) any payments in
connection with (a) a Permitted Bond Hedge Transaction and (b) the settlement of any related Permitted Warrant Transaction (i) by delivery of shares of the Borrower’s common equity upon settlement thereof or (ii) by
(A) set-off against the related Permitted Bond Hedge Transaction or (B) payment of an early termination amount thereof in common equity upon any early termination thereof; 

(23) the refinancing of any Junior Indebtedness with the Net Proceeds of, or in exchange for, any Refinancing Indebtedness;

 (24) the prepayment of Second Lien Term Loans on the Second Amendment Effective Date in an aggregate principal amount not
to exceed $50,000,000 (plus, for the avoidance of doubt, any premiums and accrued interest paid in connection therewith); and 
 (25) the prepayment of Second Lien Term Loans in an aggregate principal amount
taken together with all other Restricted Payments made pursuant to this clause (25) not to exceed (as of the date any such Restricted Payment is made) $50,000,000 (plus, for the avoidance of doubt, any premiums and accrued interest paid in
connection
therewith).;
and 
 (26) the 2019 Dividend. 

provided that at the time of, and after giving effect to, any Restricted Payment pursuant to clause (17) in respect of Restricted Payments
described in clauses (A) or (B) of the definition thereof, no Event of Default will have occurred and be continuing or would occur as a consequence thereof. For purposes of clauses (7) and (14) above, taxes will include all
interest and penalties with respect thereto and all additions thereto. 
 The amount of all Restricted Payments (other than cash) will be
the fair market value on the date the Restricted Payment is made, or at the Borrower’s election, the date a commitment is made to make such Restricted Payment, of the assets or securities proposed to be transferred or issued by the Borrower or
any Restricted Subsidiary, as the case may be, pursuant to the Restricted Payment. 

  
 211 

 (b) the effects of any Bail-In Action on any such liability, including, if
applicable: 
 (i) a reduction in full or in part or cancellation of any such liability; 

(ii) a conversion of all, or a portion of, such liability into shares or other instruments of ownership in such EEA Financial
Institution, its parent entity, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in lieu of any rights with respect to any such liability
under this Agreement or any other Loan Document; or 
 (iii) the variation of the terms of such liability in connection with
the exercise of the write-down and conversion powers of any EEA Resolution Authority. 
 SECTION 10.26 Acknowledgement Regarding Any Supported QFCs. To the extent that the Loan Documents provide support, through a guarantee or otherwise, for any Hedge Agreement or any other
agreement or instrument that is a QFC (such support, “QFC Credit Support”, and each such QFC, a “Supported QFC”), the parties acknowledge and agree as follows with respect to the resolution power of the Federal Deposit Insurance
Corporation under the Federal Deposit Insurance Act and Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act (together with the regulations promulgated thereunder, the “U.S. Special Resolution Regimes”) in respect of
such Supported QFC and QFC Credit Support (with the provisions below applicable notwithstanding that the Loan Documents and any Supported QFC may in fact be stated to be governed by the laws of the State of New York and/or of the United States or
any other state of the United States): 
 In the event a Covered Entity that is party to a Supported QFC (each, a “Covered Party”) becomes subject to a
proceeding under a U.S. Special Resolution Regime, the transfer of such Supported QFC and the benefit of such QFC Credit Support (and any interest and obligation in or under such Supported QFC and such QFC Credit Support, and any rights in property
securing such Supported QFC or such QFC Credit Support) from such Covered Party will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if the Supported QFC and such QFC Credit Support (and
any such interest, obligation and rights in property) were governed by the laws of the United States or a state of the United States. In the event a Covered Party or a BHC Act Affiliate of a Covered Party becomes subject to a proceeding under a U.S.
Special Resolution Regime, Default Rights under the Loan Documents that might otherwise apply to such Supported QFC or any QFC Credit Support that may be exercised against such Covered Party are permitted to be exercised to no greater extent than
such Default Rights could be exercised under the U.S. Special Resolution Regime if the Supported QFC and the Loan Documents were governed by the laws of the United States or a state of the United States. Without limitation of the foregoing, it is
understood and agreed that rights and remedies of the parties with respect to a Defaulting Lender hereunder shall in no event affect the rights of any Covered Party under a Supported QFC or any QFC Credit Support. 
 [THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK.] 

  
 261EX-10.9

 Exhibit 10.9 

SECOND AMENDED AND RESTATED 

LIMITED LIABILITY COMPANY AGREEMENT 

of 
 FOUNDATION
TECHNOLOGY WORLDWIDE LLC 
 Dated as of [•], 2020 

THE UNITS AND OTHER INTERESTS IN FOUNDATION TECHNOLOGY WORLDWIDE LLC HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT, THE SECURITIES LAWS OF ANY STATE, OR
ANY OTHER APPLICABLE SECURITIES LAWS, AND HAVE BEEN OR ARE BEING ISSUED IN RELIANCE UPON EXEMPTIONS FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND SUCH LAWS. SUCH INTERESTS MAY BE ACQUIRED FOR INVESTMENT ONLY AND MAY NOT BE OFFERED FOR
SALE, PLEDGED, HYPOTHECATED, SOLD, ASSIGNED OR OTHERWISE TRANSFERRED OR DISPOSED OF AT ANY TIME EXCEPT IN COMPLIANCE WITH (I) THE SECURITIES ACT, ANY APPLICABLE SECURITIES LAWS OF ANY STATE AND ANY OTHER APPLICABLE SECURITIES LAWS;
(II) THE TERMS AND CONDITIONS OF THIS SECOND AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT; AND (III) ANY OTHER TERMS AND CONDITIONS AGREED TO IN WRITING BETWEEN THE MANAGING MEMBER AND ANY HOLDER OF SUCH UNITS AND OTHER
INTERESTS. 

 TABLE OF CONTENTS 

 

	
	Page

  

							
	 Article I DEFINITIONS AND USAGE
	  	 	2	 
			
	 Section 1.01
	 	Definitions	  	 	2	 
	 Section 1.02
	 	Other Definitional and Interpretative Provisions	  	 	15	 
		
	 Article II THE COMPANY
	  	 	16	 
			
	 Section 2.01
	 	Continuation of the Company	  	 	16	 
	 Section 2.02
	 	Name	  	 	16	 
	 Section 2.03
	 	Term	  	 	17	 
	 Section 2.04
	 	Registered Agent and Registered Office	  	 	17	 
	 Section 2.05
	 	Purposes	  	 	17	 
	 Section 2.06
	 	Powers of the Company	  	 	17	 
	 Section 2.07
	 	Partnership Tax Status	  	 	17	 
	 Section 2.08
	 	Regulation of Internal Affairs	  	 	17	 
	 Section 2.09
	 	Ownership of Property	  	 	17	 
		
	 Article III UNITS; MEMBERS; BOOKS AND RECORDS; REPORTS
	  	 	18	 
			
	 Section 3.01
	 	Units; Admission of Members	  	 	18	 
	 Section 3.02
	 	Additional Members	  	 	19	 
	 Section 3.03
	 	Tax and Accounting Information	  	 	19	 
	 Section 3.04
	 	Books and Records	  	 	21	 
		
	 Article IV COMPANY OWNERSHIP; RESTRICTIONS ON COMPANY UNITS
	  	 	21	 
			
	 Section 4.01
	 	Company Ownership	  	 	21	 
	 Section 4.02
	 	Restrictions on Units	  	 	22	 
	 Section 4.03
	 	Call Rights/Mandatory Redemption Rights	  	 	24	 
		
	 Article V CAPITAL CONTRIBUTIONS; CAPITAL ACCOUNTS; DISTRIBUTIONS; ALLOCATIONS
	  	 	26	 
			
	 Section 5.01
	 	Capital Contributions	  	 	26	 
	 Section 5.02
	 	Capital Accounts	  	 	26	 
	 Section 5.03
	 	Amounts and Priority of Distributions	  	 	27	 
	 Section 5.04
	 	Allocations	  	 	32	 
	 Section 5.05
	 	Other Allocation Rules	  	 	34	 
	 Section 5.06
	 	Tax Withholding; Withholding Advances	  	 	35	 
	 Section 5.07
	 	Tax Proceedings	  	 	36	 
		
	 Article VI CERTAIN TAX MATTERS
	  	 	37	 
			
	 Section 6.01
	 	Company Representative	  	 	37	 
	 Section 6.02
	 	Assets Held Through Corporations	  	 	38	 

  
 i 

							
	 Section 6.03
	 	Transfers of Property to Corporations	  	 	38	 
	 Section 6.04
	 	Section 83(b) Elections	  	 	39	 
		
	 Article VII MANAGEMENT OF THE COMPANY
	  	 	39	 
			
	 Section 7.01
	 	Management by the Managing Member	  	 	39	 
	 Section 7.02
	 	Withdrawal of the Managing Member	  	 	39	 
	 Section 7.03
	 	Decisions by the Members	  	 	40	 
	 Section 7.04
	 	Fiduciary Duties	  	 	40	 
	 Section 7.05
	 	Officers	  	 	40	 
	 Section 7.06
	 	PubCo	  	 	41	 
		
	 Article VIII TRANSFERS OF INTERESTS
	  	 	41	 
			
	 Section 8.01
	 	Restricted Transfer	  	 	41	 
	 Section 8.02
	 	Permitted Transfers	  	 	42	 
	 Section 8.03
	 	Transfer Requirements	  	 	43	 
	 Section 8.04
	 	Market Standoff	  	 	44	 
	 Section 8.05
	 	Certain Transfer Restrictions	  	 	44	 
	 Section 8.06
	 	Withdrawal of a Member	  	 	45	 
	 Section 8.07
	 	Registration of Transfers	  	 	45	 
	 Section 8.08
	 	Restricted Units Legend	  	 	45	 
		
	 Article IX REDEMPTION AND EXCHANGE RIGHTS
	  	 	46	 
			
	 Section 9.01
	 	Redemption Right of a Member	  	 	46	 
	 Section 9.02
	 	Exchange of Management Incentive Units	  	 	48	 
	 Section 9.03
	 	Reservation of Shares of Class A Common Stock; Listing; Certificate of PubCo, etc	  	 	49	 
	 Section 9.04
	 	Effect of Exercise of Redemption or Exchange	  	 	50	 
	 Section 9.05
	 	Tax Treatment	  	 	50	 
	 Section 9.06
	 	Other Redemption and Exchange Matters	  	 	50	 
		
	 Article X CERTAIN OTHER MATTERS
	  	 	52	 
			
	 Section 10.01
	 	PubCo Change of Control; PubCo Approved Recap Transaction	  	 	52	 
		
	 Article XI LIMITATION ON LIABILITY, EXCULPATION AND INDEMNIFICATION
	  	 	53	 
			
	 Section 11.01
	 	Limitation on Liability	  	 	53	 
	 Section 11.02
	 	Exculpation and Indemnification	  	 	54	 
		
	 Article XII DISSOLUTION AND TERMINATION
	  	 	58	 
			
	 Section 12.01
	 	Dissolution	  	 	58	 
	 Section 12.02
	 	Winding Up of the Company	  	 	58	 
	 Section 12.03
	 	Termination	  	 	59	 
	 Section 12.04
	 	Survival	  	 	59	 

  
 ii 

							
	 Article XIII MISCELLANEOUS
	  	 	59	 
			
	 Section 13.01
	 	Expenses	  	 	59	 
	 Section 13.02
	 	Further Assurances	  	 	59	 
	 Section 13.03
	 	Notices	  	 	60	 
	 Section 13.04
	 	Binding Effect; Benefit; Assignment	  	 	61	 
	 Section 13.05
	 	Consent to Jurisdiction	  	 	62	 
	 Section 13.06
	 	WAIVER OF JURY TRIAL	  	 	62	 
	 Section 13.07
	 	Remedies	  	 	63	 
	 Section 13.08
	 	Counterparts	  	 	63	 
	 Section 13.09
	 	Entire Agreement; Amendment	  	 	63	 
	 Section 13.10
	 	Severability	  	 	64	 
	 Section 13.11
	 	Governing Law	  	 	64	 
	 Section 13.12
	 	No Presumption	  	 	64	 
	 Section 13.13
	 	Attorney-In-Fact	  	 	64	 
	 Section 13.14
	 	Immunity Waiver	  	 	65	 
			
	 Schedule A
	 	Member Schedule	  			
	 Schedule 8.05(a)
	 	 Restrictions on Transfers
	  			

  

  
 iii 

 SECOND AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT (this
“Agreement”) of FOUNDATION TECHNOLOGY WORLDWIDE LLC, a Delaware limited liability company (the “Company”), dated as of [•], 2020 (the “Restatement Date”), by and among the Company and the
Members (as defined below). 
 W I T N E S S E T H: 

WHEREAS, the Company was formed as a limited liability company under the Delaware Act (as defined below) pursuant to a certificate of
formation (as amended, the “Certificate”) which was executed and filed with the Secretary of State of the State of Delaware on July 14, 2016; 

WHEREAS, prior to the effectiveness of this Agreement, the Company was subject to that certain Amended and Restated Limited Liability Company
Agreement of the Company, dated as of April 3, 2017 (the “A&R LLCA”, as amended by Amendment No.1, dated August 29, 2017, Amendment No. 3, dated March 30, 2020, and the Amendment No. 4 (as defined
below), the “Prior Agreement”); 
 WHEREAS, on [__], 2020, the Company adopted Amendment No. 4 to the A&R LLCA,
dated as of the date hereof (the “Amendment No.4”), and the transactions contemplated by the Amendment No. 4 shall be deemed to have taken place immediately prior to the effectiveness of this Agreement; 

WHEREAS, McAfee Corp., a Delaware corporation (“PubCo”), a holding company that holds, and will hold, as its sole material
assets direct or indirect (through one or more Subsidiaries) equity interests in the Company, has entered into an underwriting agreement (i) to issue and sell to the several underwriters named therein shares of its Class A Common Stock and
(ii) to make a public offering of such shares of Class A Common Stock (collectively, the “IPO”); 
 WHEREAS, in
connection with the IPO, the Company has been party to a series of transactions with PubCo and various other parties pursuant to which, among other things, (i) the Company distributed 100% of the shares of McAfee Acquisition Corp.
(“MAC”) to its members in accordance with the Prior Agreement, following the successive distribution of those shares from McAfee, LLC to the Company (the “MAC Distribution”), and (ii) PubCo acquired (directly
or indirectly) interests in and become a Member of the Company; and 
 WHEREAS, the Members and the Company are amending and restating the
Prior Agreement to provide for, among other things, the management of the business and affairs of the Company, the allocation of profits and losses among the Members, the respective rights and obligations of the Members to each other and to the
Company and certain other matters described herein. 

 NOW, THEREFORE, in consideration of the mutual covenants and agreements made herein and for
other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree to amend and restate the Prior Agreement in its entirety as follows: 

ARTICLE I 
 DEFINITIONS AND USAGE

 Section 1.01 Definitions. 

(a) The following terms shall have the following meanings for the purposes of this Agreement: 

“A&R LLCA” has the meaning set forth in the recitals. 

“Additional Member” means any Person admitted as a Member of the Company pursuant to Section 3.02 in
connection with the issuance of new Units to such Person after the Restatement Date. 
 “Adjusted Capital Account Deficit”
means, with respect to any Member, the deficit balance, if any, in any of such Member’s Capital Accounts as of the end of the relevant Fiscal Year, after giving effect to the following adjustments: 

(a) credit to such Capital Account any amounts that such Member is deemed to be obligated to restore pursuant to the penultimate sentence in
Treasury Regulations Sections 1.704-2(g)(1) and 1.704-2(i)(5); and 

(b) debit to such Capital Account the items described in Treasury Regulations
Sections 1.704-1(b)(2)(ii)(d)(4), 1.704-1(b)(2)(ii)(d)(5) and 1.704-1(b)(2)(ii)(d)(6). 

The foregoing definition of “Adjusted Capital Account Deficit” is intended to comply with the provisions of Treasury Regulations Section 1.704-1(b)(2)(ii)(d) and shall be interpreted consistently therewith. 

“Affiliate” means, with respect to any specified Person, (a) any Person that directly or through one or more
intermediaries controls or is controlled by or is under common control with the specified Person, (b) any Person who is a general partner, managing member, managing director, manager, officer, director or principal of the specified Person or
(c) in the event that the specified Person is a natural Person, a Member of the Immediate Family of such Person; provided that the Company and each Subsidiary of the Company shall be deemed not to be an Affiliate of the TPG Member, any
Person that controls the TPG Member or any Person with whom the Company or any such Subsidiary would otherwise be Affiliated through Affiliation with the TPG Member or any Person that controls the TPG Member; provided, further, that
the Company and each Subsidiary of the Company shall be deemed not to be an Affiliate of the Intel Member, any Person that controls the Intel Member or any Person with whom the Company or any such Subsidiary would otherwise be Affiliated through
Affiliation with the Intel Member or any Person that controls the Intel Member; provided, further, that the Company and each Subsidiary of the Company shall be deemed not to be an Affiliate of the TB Member, any Person that controls
the TB Member or any Person with whom the Company or any such Subsidiary would otherwise be 

  
 2 

 
Affiliated through Affiliation with the TB Member or any Person that controls the TB Member. “Affiliated” and “Affiliation” shall have correlative meanings. As used in this
definition, the term “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through ownership of voting securities, by contract or
otherwise. 
 “Affiliate Indemnitors” has the meaning set forth in
Section 11.02(a)(ii)(A). 
 “Agreement” has the meaning set forth in the preamble. 

“Amendment No. 4” has the meaning set forth in the recitals. 

“Assignee” has the meaning set forth in Section 8.01(c). 

“Assignor” has the meaning set forth in Section 8.01(b). 

“Award Agreement” means one or more agreements, notices or other governing documents (including adjustment agreements or
notices, subscription agreements, Equity Incentive Plans and investment plans) between a Service Provider Member and/or any of his, her or its Affiliates, as applicable, on the one hand, and the Company, on the other hand (in each case, as amended
from time to time), governing the issuance or other terms of any Units (or any interests which were converted into or exchanged for such Units). 

“Assignee” has the meaning set forth in Section 8.01(c). 

“Assignor” has the meaning set forth in Section 8.01(b). 

“Black-Out Period” means any
“black-out” or similar period under PubCo’s policies covering trading in PubCo’s securities by employees (including any Trading Policy) to which the applicable Redeeming Member is subject
(or will be subject at such time as such Redeeming Member owns Class A Common Stock), which period restricts the ability of such Redeeming Member to immediately resell shares of Class A Common Stock to be delivered to such Redeeming Member
in connection with a Share Settlement. 
 “Business Day” means any day excluding Saturday, Sunday or any day which is a
legal holiday under the Laws of the State of California or the State of New York or is a day on which banking institutions in the State of California or the State of New York are closed. 

“Capital Account” means the capital account established and maintained for each Member pursuant to
Section 5.02. 
 “Capital Contribution” means, with respect to any Member, the amount of money
and the initial Carrying Value of any Property (other than money) contributed to the Company with respect to any Units held or purchased by such Member. 

“Carrying Value” means, with respect to any Property (other than money), such Property’s adjusted basis for U.S. federal
income tax purposes, except as follows: 

  
 3 

 (a) the initial Carrying Value of any such Property contributed by a Member to the Company
shall be the fair market value of such Property at the time of contribution, as determined by the Managing Member; and 
 (b) the Carrying
Values of all such assets may, as determined by the Managing Member, be adjusted to equal their respective fair market values at the following times: (i) immediately prior to the contribution of more than a de minimis amount of money or
other property to the Company by a new or existing Member as consideration for an interest in the Company; (ii) immediately prior to the distribution by the Company to a Member of more than a de minimis amount of property (other than
cash) in exchange for all or a portion of such Member’s interest in the Company; (iii) immediately prior to the liquidation of the Company within the meaning of Treasury Regulations
Section 1.704-1(b)(2)(ii)(g); and (iv) in connection with a grant of an interest in the Company (other than a de minimis interest) as consideration for the provision of services to or for the
benefit of the Company by an existing Member acting in a Member capacity or by a new Member acting in a Member capacity or in anticipation of becoming a Member; provided, however, that adjustments pursuant to clauses (i), (ii) or
(iv) of this paragraph need not be made if the Managing Member, with the consent of each of the TPG Member and the Intel Member, reasonably determines that such adjustments are not necessary or appropriate to reflect the relative economic
interests of the Members and that the absence of such adjustments does not adversely and disproportionately affect any Member. 
 In the case of any asset
of the Company that has a Carrying Value that differs from its adjusted tax basis, the Carrying Value shall be adjusted by the Depreciation taken into account with respect to such asset for purposes of computing Net Income and Net Loss. 

“Cash Settlement” means, with respect to any applicable Redemption, immediately available funds in U.S. dollars in an amount
equal to the number of Redeemed Units subject thereto, multiplied by the Class A Unit Redemption Price. 

“Certificate” has the meaning set forth in the recitals. 

“Change of Control” has the meaning set forth in the Tax Receivable Agreement. 

“Change of Control Exchange Date” has the meaning set forth in Section 10.01(a). 

“Class A Common Stock” means Class A common stock, $0.001 par value per share, of PubCo. 

“Class A Unit” means a limited liability company interest in the Company, designated herein as a
“Class A Unit”. 
 “Class A Unit Redemption Price” means, with respect to any Redemption,
the price for a share of Class A Common Stock (or any class of stock into which it has been converted) on the Stock Exchange, as reported on bloomberg.com or such other reliable source as determined by the Managing Member in good faith, at the
close of trading on the last full Trading Day immediately prior to the Redemption, subject to appropriate and equitable adjustment for any stock splits, reverse splits, stock dividends or similar events affecting the Class A Common Stock. In
the event the shares of Class A Common Stock are not publicly traded at the time of a Redemption, then the Managing Member shall determine the Class A Unit Redemption Price in good faith. 

  
 4 

 “Class B Common Stock” means Class B common stock,
$0.001 par value per share, of PubCo. 
 “Code” means the Internal Revenue Code of 1986, as amended. 

“Company” has the meaning set forth in the preamble. 

“Company Minimum Gain” means “partnership minimum gain” as defined in Treasury Regulation Sections 1.704-2(b)(2) and 1.704-2(d). 

“Company Representative” has, with respect to taxable periods during the effectiveness of the Partnership Tax Audit Rules to
the Company, the meaning assigned to the term “partnership representative” in Section 6223 of the Code and any Treasury Regulations or other administrative or judicial pronouncements promulgated thereunder and, with respect to taxable
periods before the effectiveness of the Partnership Tax Audit Rules to the Company, the meaning assigned to the term “tax matters partner” as defined in Code Section 6231(a)(7) prior to its amendment by Title XI of the Bipartisan
Budget Act of 2015, in each case as appointed pursuant to Section 6.01(a). 
 “Contribution
Agreements” means those certain Contribution and Exchange Agreements entered on or around the date hereof, in accordance with the Restructuring Agreement, pursuant to which shares of MAC are contributed directly or indirectly to PubCo. 

“Contribution Redemption” has the meaning set forth in Section 9.01(c). 

“Covered Persons” has the meaning set forth in Section 11.02(a)(iii). 

“Delaware Act” means the Delaware Limited Liability Company Act, as amended from time to time. 

“Depreciation” means, for each Fiscal Year, an amount equal to the depreciation, amortization, or other cost recovery
deduction allowable with respect to an asset for such Fiscal Year, except that if the Carrying Value of an asset differs from its adjusted basis for U.S. federal income tax purposes at the beginning of such Fiscal Year, Depreciation shall be an
amount that bears the same ratio to such beginning Carrying Value as the U.S. federal income tax depreciation, amortization, or other cost recovery deduction for such Fiscal Year bears to such beginning adjusted tax basis; provided,
however, that if the adjusted basis for U.S. federal income tax purposes of an asset at the beginning of such Fiscal Year is zero (0), Depreciation shall be determined with reference to such beginning Carrying Value using any reasonable
method selected by the Managing Member. 
 “Determination” has the meaning set forth in
Section 3.03(d)(iv). 
 “DGCL” means the Delaware General Corporation Law, as amended from time
to time. 

  
 5 

 “Direct Redemption” has the meaning set forth in
Section 9.01(c). 
 “Dissolution Event” has the meaning set forth in
Section 12.01(c). 
 “Economic PubCo Security” has the meaning set forth in
Section 4.01(a). 
 “Election Notice” has the meaning set forth in
Section 9.01(a). 
 “Equity Incentive Plan” means any equity incentive or similar plan, agreement
or arrangement adopted or entered into by the Company or PubCo that is effective on or after the date hereof, including, the McAfee 2017 Management Incentive Plan and the McAfee 2020 Omnibus Incentive Plan, in each case, as from time to time amended
and in effect. 
 “Equity Securities” means (a) with respect to a partnership, limited liability company or similar
Person, any and all units, interests, rights to purchase, warrants, options or other equivalents of, or other ownership interests in, any such Person as well as debt or equity instruments convertible, exchangeable or exercisable into any such units,
interests, rights or other ownership interests and (b) with respect to a corporation, any and all shares, interests, participation or other equivalents (however designated) of corporate stock, including all common stock and preferred stock, or
warrants, options or other rights to acquire any of the foregoing, including any debt or equity instrument convertible, exchangeable or exercisable into any of the foregoing. 

“Exchange” has the meaning set forth in Section 9.02. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended. 

“Exchange Date” has the meaning set forth in Section 9.02. 

“Exchange Notice” has the meaning set forth in Section 9.02. 

“Exchange Right” has the meaning set forth in Section 9.02. 

“Exchange Management Incentive Units” has the meaning set forth in Section 9.02. 

“Exchanging Member” has the meaning set forth in Section 9.02. 

“Exempted Person” means (i) the TPG Member, TPG, each of their respective partners, shareholders, members, Affiliates,
associated investment funds, directors, officers, fiduciaries, managers, controlling Persons, employees and agents and each of the partners, shareholders, members, Affiliates, associated investment funds, directors, officers, fiduciaries, managers,
controlling Persons, employees and agents of each of the foregoing, excluding in each case the PubCo and the Company and any of their respective Subsidiaries and any such Person that would qualify as an Exempted Person solely by reason of its
Affiliation or service relationship with the Company, or any of its respective Subsidiaries, (ii) Intel and each of its shareholders, members, Affiliates, directors and officers, excluding in each case PubCo and the Company and any of their
respective Subsidiaries and any such Person that would qualify as an Exempted Person solely by reason of its Affiliation or service relationship with the Company, or any of its respective Subsidiaries and (iii) the TB Member, TB, each of their
respective partners, shareholders, 

  
 6 

 
members, Affiliates, associated investment funds, directors, officers, fiduciaries, managers, controlling Persons, employees and agents and each of the partners, shareholders, members,
Affiliates, associated investment funds, directors, officers, fiduciaries, managers, controlling Persons, employees and agents of each of the foregoing, excluding in each case PubCo and the Company and any of its respective Subsidiaries and any such
Person that would qualify as an Exempted Person solely by reason of its Affiliation or service relationship with the Company, or any of its respective Subsidiaries; provided, that no Person who is an employee of PubCo, the Company or any of
their respective Subsidiaries shall be an Exempted Person. 
 “Fair Market Value” means, as of any date, as to any Unit,
the fair market value of such Unit as reasonably determined in good faith by the Managing Member as of the applicable reference date and which shall be calculated by reference to the closing sale price of a share of Class A Common Stock as of
the applicable reference date (or, if the applicable reference date is not a Trading Day, the last Trading Day preceding the applicable reference date). 

“Fiscal Year” means the fiscal year of the Company, which shall be a 52- or 53-week fiscal year ending on the last Saturday of December (unless otherwise determined by the Managing Member). Where the context requires (i.e., in connection with tax compliance matters), references to
“Fiscal Year” shall refer to the taxable year of the Company, which shall be the same period as described in the preceding sentence to the extent permitted by law. 

“Governmental Authority” means any national, federal, state or local, whether domestic or foreign, government, governmental
entity, quasi-governmental entity, court, tribunal, mediator, arbitrator or arbitral body, or any governmental bureau, or any regulatory, administrative or other agency, or any political or other subdivision, department or branch of any of the
foregoing and the SEC, any non-U.S. regulatory agency and any other regulatory authority or body (including any state or provincial securities authority and any self-regulatory organization) with jurisdiction
over the Company or any of its Subsidiaries. 
 “Indemnified Person” has the meaning set forth in
Section 11.02(a)(i). 
 “Initial Capital Account Balance” means, with respect to any Member, the
positive Capital Account balance of such Member as of the closing of the IPO, the amount of which is set forth on the Member Schedule. 

“Intel” means Intel Corporation, a Delaware corporation, and its successors. 

“Intel Member” means, collectively, Intel Americas, Inc., and any of its Subsidiaries or Affiliates or any of its or their
respective successors. 
 “Interest” means, with respect to any Person as of any time, such Person’s membership
interest in the Company as represented by the ownership of Units in accordance with the terms of this Agreement, which includes the number of Units such Person holds and such Person’s Capital Account balance. 

“IPO” has the meaning set forth in the recitals. 

  
 7 

 “Law” means any foreign or domestic, national, federal, territorial, state
or local law (including common law), statute, treaty, regulation, ordinance, rule, order, or permit, in each case having the force and effect of law, issued, enacted, adopted, promulgated, implemented or otherwise put in effect by or under the
authority of any Governmental Authority, or any similar form of binding decision or approval of, or binding determination by, or binding interpretation or administration of any of the foregoing by, any Governmental Authority. 

“Lock-Up Securities” has the meaning set forth in
Section 8.04. 
 “Liquidation” means a liquidation or winding up of the Company. 

“MAC” has the meaning set forth in the recitals. 

“MAC Distribution” has the meaning set forth in the recitals. 

“Management Incentive Units” means any Units issued by the Company that are designated as “Management Incentive
Units.” 
 “Management Incentive Unit Return Threshold” has the meaning set forth in Section 3.01(c). 

“Managing Member” means (i) PubCo so long as PubCo has not withdrawn as the Managing Member pursuant to
Section 7.02 and (ii) any successor thereof appointed as Managing Member in accordance with Section 7.02. 

“Member” means any Person named as a Member of the Company on Schedule A (the “Member Schedule”) and
the books and records of the Company, as the same may be amended from time to time to reflect any Person admitted as an Additional Member or a Substitute Member, for so long as such Person continues to be a Member of the Company. 

“Member Nonrecourse Debt” has the same meaning as the term “partner nonrecourse debt” in Treasury Regulations Section 1.704-2(b)(4). 
 “Member Nonrecourse Debt Minimum Gain” means an amount
with respect to each “partner nonrecourse debt” (as defined in Treasury Regulation Section 1.704-2(b)(4)) equal to the Company Minimum Gain that would result if such partner nonrecourse debt
were treated as a nonrecourse liability (as defined in Treasury Regulation Section 1.752-1(a)(2)) determined in accordance with Treasury Regulation
Section 1.704-2(i)(3). 
 “Member Nonrecourse Deductions” has the same meaning
as the term “partner nonrecourse deductions” in Treasury Regulations Sections 1.704-2(i)(1) and 1.704-2(i)(2). 

“Member of the Immediate Family” means, with respect to any natural Person, (a) each parent, spouse (but not including a
former spouse or a spouse from whom such Unit Holder is legally separated) or child (including those adopted) of such individual and (b) each trustee, solely in his or her capacity as trustee and so long as such trustee is reasonably
satisfactory to the Managing Member, for a trust naming only one or more of the Persons listed in sub-clause (a) as beneficiaries. 

  
 8 

 “Net Income” and “Net Loss” means, for each Fiscal Year,
an amount equal to the Company’s taxable income or loss for such Fiscal Year, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss, or deduction required to be stated separately
pursuant to Section 703(a)(1) of the Code shall be included in taxable income or loss), with the following adjustments (without duplication): 

(a) any income of the Company that is exempt from U.S. federal income tax and not otherwise taken into account in computing Net Income or Net
Loss pursuant to this definition of “Net Income” and “Net Loss” shall be added to such taxable income or loss; 
 (b) any
expenditures of the Company described in Section 705(a)(2)(B) of the Code or treated expenditures as described in Section 705(a)(2)(B) of the Code pursuant to Treasury Regulations
Section 1.704-1(b)(2)(iv)(i), and not otherwise taken into account in computing Net Income and Net Loss pursuant to this definition of “Net Income” and “Net Loss,” shall be subtracted
from such taxable income or loss; 
 (c) gain or loss resulting from any disposition of Property with respect to which gain or loss is
recognized for U.S. federal income tax purposes shall be computed by reference to the Carrying Value of the Property disposed of, notwithstanding that the adjusted tax basis of such Property differs from its Carrying Value; 

(d) in lieu of the depreciation, amortization, and other cost recovery deductions taken into account in computing such taxable income or loss,
there shall be taken into account Depreciation for such Fiscal Year, computed in accordance with the definition of Depreciation; 
 (e) to
the extent an adjustment to the adjusted tax basis of any Company asset pursuant to Section 734(b) of the Code is required, pursuant to Treasury Regulations Section 1.704-1(b)(2)(iv)(m)(4), to be
taken into account in determining Capital Accounts as a result of a distribution other than in liquidation of a Member’s interest in the Company, the amount of such adjustment shall be treated as an item of gain (if the adjustment increases the
basis of the asset) or loss (if the adjustment decreases such basis) from the disposition of such asset and shall be taken into account for purposes of computing Net Income or Net Loss; 

(f) if the Carrying Value of any Company asset is adjusted in accordance with clause (b) of the definition of Carrying Value, the amount
of such adjustment shall be taken into account in the taxable year of such adjustment as gain or loss from the disposition of such asset for purposes of computing Net Income or Net Loss; and 

(g) notwithstanding any other provision of this definition, any items that are specially allocated pursuant to
Section 5.04(b) shall not be taken into account in computing Net Income and Net Loss. 
 The amounts of the items of Company
income, gain, loss, or deduction available to be specially allocated pursuant to Section 5.04(b) shall be determined by applying rules analogous to those set forth in subparagraphs (a) through (e) above. 

  
 9 

 “New Class A Units” means, with respect to any Exchanged
Management Incentive Unit, a number of Class A Units equal to the quotient of (a) the difference between the Fair Market Value on the date of the Exchange and the then-unsatisfied Management Incentive Unit Return Threshold applicable to
such Exchanged Management Incentive Unit, divided by (b) the Fair Market Value on the date of the Exchange; provided, that if the number of New Class A Units determined by the foregoing calculation is a negative number, it
shall be deemed to be zero (0). 
 “Non-Employee Directors” has the meaning set
forth in Section 9.03(b). 
 “Nonrecourse Deductions” has the meaning set forth in Treasury
Regulations Sections 1.704-2(b)(1) and 1.704-2(c). 

“Notice” has the meaning set forth in Section 5.03(e)(ii). 

“Officers” has the meaning set forth in Section 7.05(a). 

“Partnership Tax Audit Rules” means Sections 6221 through 6241 of the Code, as amended by Title XI of the Bipartisan Budget
Act of 2015, together with any final or temporary Treasury Regulations, Revenue Rulings, and case law interpreting Sections 6221 through 6241 of the Code, as so amended (and any analogous provision of state or local tax law). 

“Percentage Interest” means, with respect to any Member, a fractional amount, expressed as a percentage: (i) the
numerator of which is the aggregate number of Units owned of record by such Member and (ii) the denominator of which is the aggregate number of Units issued and outstanding, in each case, determined as if all Management Incentive Units were
exchanged for New Class A Units. The sum of the outstanding Percentage Interests of all Members shall at all times equal 100%. 

“Permitted Loan” means any bona fide purpose (margin) or non-purpose loan. 

“Permitted Pledge Transfer” means (i) any pledge, mortgage or hypothecation of Units by the TPG Member, the Intel Member
or the TB Member in connection with a Permitted Loan and (ii) any Transfer by the TPG Member, the Intel Member or the TB Member to the extent that all of the net proceeds of such sale are solely used to satisfy a bona fide margin call (i.e.,
posted as collateral) pursuant to a Permitted Loan, or repay a Permitted Loan to the extent necessary to satisfy a bona fide margin call on such Permitted Loan or avoid a bona fide margin call on such Permitted Loan, or in connection with a
foreclosure or event of default under a Permitted Loan. 
 “Permitted Transferee” has the meaning set forth in
Section 8.02. 
 “Person” means an individual, partnership (general or limited), corporation,
limited liability company, joint venture, association or other form of business organization (whether or not regarded as a legal entity under applicable Law), trust or other entity or organization, including a Governmental Authority. 

“Prior Agreement” has the meaning set forth in the recitals. 

  
 10 

 “Profits Interest” means an interest in the Company that is intended to be
classified as a profits interest within the meaning of Internal Revenue Service Revenue Procedures 93-27 and 2001-43 (or the corresponding requirements of any subsequent
guidance promulgated by the Internal Revenue Service or other Law) for U.S. federal income tax purposes, including Management Incentive Units. 

“Property” means an interest of any kind in any real or personal (or mixed) property, including cash, and any improvements
thereto, and shall include both tangible and intangible property. 
 “PubCo” has the meaning set forth in the recitals.

 “PubCo Approved Change of Control” means any Change of Control of PubCo that meets the following conditions:
(i) such Change of Control was approved by the board of directors of PubCo prior to such Change of Control, (ii) the terms of such Change of Control provide for the consideration for the Units (or shares of Class A Common Stock into
which such Units are or may be exchanged) in such Change of Control to consist solely of (A) common equity securities of an issuer listed on a national securities exchange in the United States and/or (B) cash, and (iii) if such common
equity securities, if any, would be Registrable Securities (as defined in the Registration Rights Agreement) of such issuer for any stockholder party to the Registration Rights Agreement, the issuer of such listed equity securities has become a
party thereto as a successor to PubCo effective upon closing of such Change of Control. 
 “PubCo Approved Recap
Transaction” has the meaning set forth in Section 10.01(a). 
 “Record Date” means, with
respect to any distribution pursuant to Article V, the Business Day specified by the Managing Member for purposes of determining the outstanding Units entitled to participate in such distribution. 

“Redeeming Member” has the meaning set forth in Section 9.01(a). 

“Redemption” has the meaning set forth in Section 9.01(a). 

“Redemption Date” has the meaning set forth in Section 9.01(a). 

“Redemption Notice” has the meaning set forth in Section 9.01(a). 

“Redemption Right” has the meaning set forth in Section 9.01(a).  

“Registration Rights Agreement” means that certain Registration Rights Agreement, dated on or about the date hereof, by and
among PubCo and the other Persons party thereto or that may become parties thereto from time to time, as the same may be amended, restated, supplemented and/or otherwise modified, from time to time. 

“Regulatory Allocations” has the meaning set forth in Section 5.04(c). 

  
 11 

 “Relative Percentage Interest” means, with respect to any Member relative
to another Member or group of Members, a fractional amount, expressed as a percentage, the numerator of which is the Percentage Interest of such Member; and the denominator of which is (x) the Percentage Interest of such Member plus
(y) the aggregate Percentage Interest of such other Member or group of Members. 
 “Restatement Date” has the meaning
set forth in the recitals. 
 “Restricted Period” has the meaning set forth in Section 8.04. 

“Restrictive Covenant” means any restrictive covenants related to confidentiality,
non-competition, non-solicitation, no-hire, non-disparagement and/or assignment of
intellectual property rights for the benefit of the Company, PubCo or any of their respective Affiliates. 

“Restructuring” means the consummation of the transactions contemplated by the Restructuring Agreement. 

“Restructuring Agreement” means, that certain Master Restructuring Agreement, dated as of the date hereof, by and among the
Company, PubCo and other parties thereto, as the same may be amended, restated, supplemented and/or otherwise modified, from time to time. 

“Revenue Procedure” has the meaning set forth in Section 5.03(e)(ii). 

“Rule 144” means Rule 144 under the Securities Act (or any successor provision). 

“SEC” means the United States Securities and Exchange Commission. 

“Securities Act” means the Securities Act of 1933, as amended. 

“Service Provider Member” means any Member that holds Units that were issued in connection with the performance of services
as an employee or other service provider to PubCo, the Company or any of their respective Subsidiaries (including, for the avoidance of doubt, Class A Units that were purchased pursuant to the terms of an Award Agreement with an employee or
other service provider), whether or not such Member continues to provide services on or after the date hereof. 
 “Share
Settlement” means, with respect to any applicable Redemption, a number of shares of Class A Common Stock equal to the number of Redeemed Units, subject to appropriate and equitable adjustment for any stock splits, reverse splits, stock
dividends or similar events affecting the Class A Common Stock. 
 “Special TRA Payment” has the meaning set forth in
the Amendment No. 4. 
 “Stock Exchange” means the Nasdaq Stock Market or other stock exchange on which common equity
securities of PubCo are listed for trading from time to time. 
 “Stockholders Agreement” means the Stockholders Agreement,
dated as of the date hereof, by and among PubCo and the other Persons party thereto or that may become parties thereto from time to time, as the same may be amended, restated, supplemented and/or otherwise modified, from time to time. 

  
 12 

 “Subsidiary” means, with respect to any Person, any corporation, limited
liability company, partnership, association or business entity of which (a) if a corporation, a majority of the total voting power of shares of stock entitled (without regard to the occurrence of any contingency) to vote in the election of
directors, managers or trustees thereof is at the time owned or controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person or a combination thereof, or (b) if a limited liability company,
partnership, association or other business entity (other than a corporation), a majority of limited liability company, partnership or other similar ownership interests thereof is at the time owned or controlled, directly or indirectly, by that
Person or one or more Subsidiaries of that Person or a combination thereof. For purposes hereof, a Person or Persons shall be deemed to have a majority ownership interest in a limited liability company, partnership, association or other business
entity (other than a corporation) if such Person or Persons shall be allocated a majority of limited liability company, partnership, association or other business entity gains or losses or shall be or control any managing director, general partner
or board of managers of such limited liability company, partnership, association or other business entity. For purposes hereof, references to a “Subsidiary” of any Person shall be given effect only at such times that such Person has one or
more Subsidiaries. 
 “Substitute Member” means any Person admitted as a Member of the Company pursuant to
Section 8.03 in connection with the Transfer of then-existing Units to such Person. 
 “Tax
Distribution” means a distribution made by the Company pursuant to Section 5.03(d)(i). 
 “Tax
Distribution Amount” means, for a Member for a Fiscal Year, the amount determined by the Managing Member to be sufficient such that such amount is at least equal to the amount of the Member’s U.S. federal, state and local income tax
liability with respect to the net amount of taxable income and gain allocated to the Member for such fiscal period (or as a result of any capital shifts or guaranteed payments for the use of capital), determined by assuming (without regard to such
Member’s actual tax liability) that such income or gain, as applicable, is taxable to the Member, with respect to Class A Units or Management Incentive Units, at the Tax Rate, (i) assuming each Member’s sole asset is its
Interest, (ii) without regard to any tax deductions or basis adjustments of any Member arising under Section 743 of the Code and the Treasury Regulations thereunder, (iii) in the discretion of the Managing Member, assuming the Company
is a “United States shareholder” (within the meaning of Section 957 of the Code) treated as owning the equity interests of any Subsidiary that is a “controlled foreign corporation” (within the meaning of Section 957 of
the Code), and (iv) taking into account the deductibility, if any, of state and local taxes (subject to the limitations in Sections 67 and 68 of the Code) and adjusted to the extent necessary to calculate federal, state and local tax liability
separately so as to take into account the limitations under Section 163 of the Code and the calculation under the applicable state and local tax Laws of taxable income and taxable losses (and the extent to which such losses may offset such
income). The Tax Distribution Amount with regard to a Member for a Fiscal Year shall also be increased without duplication by the amount of any liability (calculated using the assumptions in this definition) arising from an election by the Company
or any of its Subsidiaries pursuant to Section 6226 of the Code or any analogous election under state or local tax Laws. The Tax Distribution Amount with respect to the Managing Member and its wholly-owned Subsidiaries, in the aggregate, for a
Fiscal Year shall in no event be less than an amount that will enable the Managing Member and its wholly-owned Subsidiaries to meet their tax obligations. 

  
 13 

 “Tax Rate” means the highest marginal U.S. federal income tax rate then in
effect (including any tax on “net investment income”), and a state and local income tax rate equal to the highest marginal rate then in effect for an individual, or (if higher) a corporation, that is a resident of San Francisco,
California, increased if necessary to apply alternative minimum tax rates and rules in years in which the alternative minimum tax applies (or would apply based on the assumptions stated herein) to either an individual or a corporation. 

“Tax Receivable Agreement” means that certain Tax Receivable Agreement, dated as or around the date hereof, by and among
PubCo, the Company and the other Persons party thereto, as the same may be amended, restated, supplemented and/or otherwise modified, from time to time. 

“TB” means Thoma Bravo, L.P. 

“TB Affiliated Fund” means each corporation, trust, limited liability company, general or limited partnership or other entity
controlling or under common control with the TB Member. 
 “TB Member” means collectively, Thoma Bravo Fund XII AIV, L.P.,
a Delaware limited partnership, Thoma Bravo Executive Fund XII AIV, L.P., a Delaware limited partnership, Thoma Bravo Executive Fund XII-A AIV, L.P., a Delaware limited partnership, and Thoma Bravo Partners XII AIV, LP, a Delaware limited
partnership. 
 “Termination of Service” with respect to a Service Provider Member means the date he or she ceases to be an
employee or other service provider of PubCo, the Company and their respective Subsidiaries. The Managing Member, in its sole discretion, shall determine the effect of all matters and questions relating to any Termination of Service, including
whether a Termination of Service has occurred and all questions of whether particular leaves of absence constitutes a Termination of Service. For purposes of this Agreement, unless the Managing Member expressly determines otherwise, a Service
Provider Member’s employee-employer relationship or consultancy relationship with PubCo, the Company and their respective Subsidiaries shall be deemed to be terminated in the event that the Subsidiary employing or contracting him or her ceases
to remain a Subsidiary of PubCo or the Company, as applicable, following any merger, sale of stock or other corporate transaction or event (including a spin-off). 

“TPG” means TPG Global, LLC. 

“TPG Affiliated Fund” means each corporation, trust, limited liability company, general or limited partnership or
other entity controlling or under common control with the TPG Member. 
 “TPG Member” means, collectively, TPG VII Manta
Holdings II, L.P., a Delaware limited partnership, and TPG VII Manta AIV Co-Invest, L.P., a Delaware limited partnership. 

“Trading Day” means a day on which the Stock Exchange is open for the transaction of business (unless such trading shall have
been suspended for the entire day). 

  
 14 

 “Trading Policy” means any exchange and/or insider trading policy
established by PubCo with respect to employees or other service providers of PubCo, the Company or any of their respective Subsidiaries, as may be amended from time to time. 

“Transaction Documents” means the Registration Rights Agreement, Restructuring Agreement, Stockholders Agreement, Tax
Receivable Agreement and any applicable Award Agreement(s). 
 “Transfer” means, when used as a noun, any direct or
indirect, voluntary or involuntary, sale, disposition, hypothecation, mortgage, gift, pledge, assignment, attachment, or any other transfer (including the creation of any derivative or synthetic interest, including a participation or other similar
interest or any lien or encumbrance) and, when used as a verb, voluntarily (whether in fulfillment of contractual obligation or otherwise) to directly or indirectly sell, dispose, hypothecate, mortgage, gift, pledge, assign, attach, or otherwise
transfer (including by creating any derivative or synthetic interest or any lien or encumbrance) or any other similar participation or interest, in any case, whether by operation of Law or otherwise, and shall include any transaction that is treated
as a “transfer” within the meaning of Treasury Regulations Section 1.7704-1; and “Transferred,” “Transferee” and “Transferor” shall each have a correlative meaning;
provided, that “Transfer” shall be deemed not to include any issuance or other transfer of Equity Securities issued by PubCo for so long as PubCo is treated as a corporation for U.S. federal income tax purposes. 

“Transferor Member” has the meaning set forth in Section 5.02(b). 

“Treasury Regulations” means the regulations promulgated under the Code. 

“Unit Holder” means a Person in regard to such Person’s interest in a Unit (or portion thereof) or Units, as applicable.

 “Units” means Class A Units, Management Incentive Units or any other type, class or series of limited liability
company interests in the Company designated by the Company after the date hereof in accordance with this Agreement; provided, that any type, class or series of Units shall have the designations, preferences and/or special rights set forth or
referenced in this Agreement, and the limited liability company interests of the Company represented by such type, class or series of Units shall be determined in accordance with such designations, preferences and/or special rights. 

“Unvested” means, on any date of determination and with respect to any Class A Unit, Management Incentive Unit or other
Unit, that such Unit is not “vested” in accordance with the Award Agreement(s) or other documents governing such Unit. 

“Withholding Advances” has the meaning set forth in Section 5.06(b). 

Section 1.02 Other Definitional and Interpretative Provisions. The definitions in Section 1.01 shall
apply equally to both the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “hereof”, “herein” and
“hereunder” and words of like import used in this Agreement shall refer to this Agreement as a whole and not to any particular 

  
 15 

 
provision of this Agreement. The captions herein are included for convenience of reference only and shall be ignored in the construction or interpretation hereof. References to Articles, Sections
and Schedules are to Articles, Sections and Schedules of this Agreement unless otherwise specified. All Schedules annexed hereto or referred to herein are hereby incorporated in and made a part of this Agreement as if set forth in full
herein. Any capitalized terms used in any Schedule but not otherwise defined therein, shall have the meaning as defined in this Agreement. Any singular term in this Agreement shall be deemed to include the plural, and any plural term the
singular. The terms “clause(s)” and “subparagraph(s)” shall be used herein interchangeably. Whenever the words “include”, “includes” or “including” are used in this Agreement, they shall be deemed to
be followed by the words “without limitation”, whether or not they are in fact followed by those words or words of like import. “Writing”, “written” and comparable terms refer to printing, typing and other means of
reproducing words (including electronic media) in a visible form. Unless otherwise expressly provided herein, any agreement or instrument defined or referred to herein or in any agreement or instrument that is referred to herein means such agreement
or instrument as from time to time amended, modified, supplemented or restated, including by waiver or consent, and references to all attachments thereto and instruments incorporated therein. References from or through any date mean, unless
otherwise specified, from and including or through and including, respectively. Unless otherwise expressly provided herein, any statute defined or referred to herein or in any agreement or instrument that is referred to herein means such statute as
from time to time amended, modified, supplemented or restated, including by succession of comparable successor statutes and any rules or regulations promulgated thereunder. Unless otherwise expressly provided herein, when any approval, consent or
other matter requires any action or approval of any group of Members, including any holders of any class of Units, such approval, consent or other matter shall require the approval of a majority in interest of such group of Members. Except to the
extent otherwise expressly provided herein, all references to any Member shall be deemed to refer solely to such Person in its capacity as such Member and not in any other capacity. 

ARTICLE II 
 THE COMPANY 

Section 2.01 Continuation of the Company. The Members hereby agree to continue the Company as a limited liability company pursuant
to the Delaware Act, upon the terms and subject to the conditions set forth in this Agreement. The authorized officer or representative, as an “authorized person” within the meaning of the Delaware Act, shall file and record any amendments
and/or restatements to the Certificate and such other certificates and documents (and any amendments or restatements thereof) as may be required under the Laws of the State of Delaware and of any other jurisdiction in which the Company may conduct
business. The authorized officer or representative shall, on request, provide the Managing Member, the TPG Member, the Intel Member and the TB Member with copies of each such document as filed and recorded. The Members hereby agree that the Company
and its Subsidiaries shall be governed by the terms and conditions of this Agreement and, except as provided herein, the Delaware Act. 

Section 2.02 Name. The name of the Company shall be Foundation Technology Worldwide LLC. The Managing Member may change the
name of the Company in its sole discretion and shall have the authority to execute, acknowledge, deliver, file and record such further certificates, amendments, instruments and documents, and to do all such other acts and things, as may be required
by Law or necessary or advisable to effect such change. 

  
 16 

 Section 2.03 Term. The term of the Company began on July 14, 2016, the date
the Certificate was filed with the Secretary of State of the State of Delaware, and the Company shall have perpetual existence unless sooner dissolved and its affairs wound up as provided in Article XII. 

Section 2.04 Registered Agent and Registered Office. The registered office required to be maintained by the Company in the State
of Delaware pursuant to the Delaware Act will initially be the office and the agent so designated on the Certificate. The Company may, upon compliance with the applicable provisions of the Delaware Act, change its registered office or registered
agent from time to time in the determination of the Managing Member. 
 Section 2.05 Purposes. Subject to the limitations
contained elsewhere in this Agreement, the Company is formed for the object and purpose of, and the nature of the business to be conducted and promoted by the Company is, engaging in any lawful act or activity for which limited liability companies
may be formed under the Delaware Act and engaging in any and all activities necessary, advisable, convenient or incidental thereto. The Company shall have all powers permitted under applicable Laws to do any and all things deemed by the Managing
Member to be necessary or desirable in furtherance of the purposes of the Company. 
 Section 2.06 Powers of the Company. The
Company will possess and may exercise all of the powers and privileges granted by the Delaware Act or by any other Law together with such powers and privileges as are necessary, advisable, incidental or convenient to, or in furtherance of the
conduct, promotion or attainment of the business purposes or activities of the Company. 
 Section 2.07 Partnership Tax Status.
The Members intend that the Company shall be treated as a partnership for federal, state and local tax purposes to the extent such treatment is available, and agree to take (or refrain from taking) such actions as may be necessary to receive
and maintain such treatment and refrain from taking any actions inconsistent therewith. 
 Section 2.08 Regulation of Internal
Affairs. The internal affairs of the Company and the conduct of its business shall be regulated by this Agreement, and to the extent not provided for herein, shall be determined by the Managing Member. 

Section 2.09 Ownership of Property. Legal title to all Property conveyed to, or held by, the Company or its Subsidiaries shall
reside in the Company or its Subsidiaries, as applicable, and shall be conveyed only in the name of the Company or its Subsidiaries, as applicable, and no Member or any other Person, individually, shall have any ownership of such Property. 

  
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 ARTICLE III 

UNITS; MEMBERS; BOOKS AND RECORDS; REPORTS 

Section 3.01 Units; Admission of Members. 

(a) Each Member’s ownership interest in the Company shall be represented by Units, which may be divided into one or more types, classes or
series, or subseries of any type, class or series, with each type, class or series, or subseries thereof, having the rights and privileges, set forth in this Agreement. 

(b) The Managing Member shall have the right to authorize and cause the Company to issue an unlimited number of Class A Units. The Company
may only issue additional Management Incentive Units to the extent such issuance is approved in writing by the Managing Member, the TPG Member and the Intel Member. The number and type of Units issued to each Member shall be set forth opposite such
Member’s name on the Member Schedule. The Member Schedule shall be maintained by the Managing Member on behalf of the Company in accordance with this Agreement. When any Units or other Equity Securities of the Company are issued, repurchased,
redeemed, converted or Transferred in accordance with this Agreement, the Member Schedule shall be amended by the Managing Member to reflect such issuance, repurchase, redemption, conversion or Transfer, the admission of Additional Members or
Substitute Members and the resulting Percentage Interest of each Member. The Managing Member may from time to time redact the Member Schedule in its sole discretion and no Person other than the Managing Member, the TPG Member, the Intel Member and
the TB Member shall have a right to review the unredacted Member Schedule, unless otherwise required by applicable Law. Following the date hereof, no Person shall be admitted as a Member and no additional Units shall be issued except as expressly
provided herein. Fractional Units are hereby expressly permitted. 
 (c) The Class A Units and Management Incentive Units may be subject
to vesting and other terms and conditions as set forth in an Award Agreement (or Award Agreements). Each Management Incentive Unit shall be subject to a return threshold (the “Management Incentive Unit Return Threshold”), which
shall be, for each Management Incentive Unit that is intended to constitute a Profits Interest for U.S. federal income tax purposes, an amount not less than the amount determined by the Managing Member to be necessary to cause such Management
Incentive Unit to constitute a Profits Interest, as set forth on the Member Schedule. Each Management Incentive Unit that is intended to constitute a Profits Interest shall have an initial Capital Account at the time of its issuance equal to zero
dollars ($0.00). 
 (d) The Managing Member may cause the Company to authorize and issue from time to time such other Units or other Equity
Securities of any type, class or series, in each case, having the designations, preferences and/or special rights as may be determined by the Managing Member. Such Units or other Equity Securities may be issued pursuant to such agreements as the
Managing Member shall approve in its discretion. When any such other Units or other Equity Securities are authorized and issued, the Member Schedule and this Agreement shall be amended by the Managing Member to reflect such additional issuances and
the resulting dilution, which shall be borne pro rata by all Members based on their Class A Units and Management Incentive Units (taking into account the applicable unsatisfied Management Incentive Unit Return Thresholds). 

(e) Unvested Class A Units and Unvested Management Incentive Units shall be subject to the terms of this Agreement and any applicable
Award Agreement(s). Unvested Class A Units and Unvested Management Incentive Units that fail to vest and are forfeited by the applicable Member shall be cancelled by the Company (and shares of Class B Common Stock held by the applicable
Member shall be cancelled, in each case for no consideration) and shall not be entitled to any distributions pursuant to Section 5.03. 

  
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 (f) Unless the Managing Member otherwise directs, Units will not be represented by
certificates. 
 Section 3.02 Additional Members. 

(a) No Person to whom any Units are issued pursuant to this Agreement shall be admitted as a Member hereunder or acquire any rights hereunder,
including any voting rights or the right to receive distributions and allocations in respect of the issued Units, unless (i) such Units are issued in compliance with the provisions of this Agreement and (ii) such recipient shall have
executed and delivered to the Company such instruments as the Managing Member deems necessary or desirable, in its reasonable discretion, to effectuate the admission of such recipient as a Member and to confirm the agreement of such recipient to be
bound by all the terms and provisions of this Agreement. Upon complying with the immediately preceding sentence, without the need for any further action of any Person, a recipient shall be deemed admitted to the Company as a Member. 

Section 3.03 Tax and Accounting Information. 

(a) Accounting Decisions and Reliance on Others. All decisions as to accounting matters, except as otherwise specifically set forth
herein, shall be made by the Managing Member in accordance with Law and with accounting methods followed for U.S. federal income tax purposes. In making such decisions, the Managing Member may rely upon the advice of the independent accountants of
the Company. 
 (b) Records and Accounting Maintained. For financial reporting purposes, unless otherwise determined by PubCo’s
audit committee, the books and records of the Company shall be kept on the accrual method of accounting applied in a consistent manner and shall reflect all Company transactions. For tax purposes, the books and records of the Company shall be kept
on the accrual method. The Fiscal Year of the Company shall be used for financial reporting and, to the extent permitted by applicable law, for U.S. federal income tax purposes. 

(c) Financial Reports. 

(i) The books and records of the Company shall be audited as of the end of each Fiscal Year by the same accounting firm that audits the books
and records of PubCo (or, if such firm declines to perform such audit, by an accounting firm selected by the Managing Member). 
 (ii) In
the event that neither PubCo nor the Company is required to file an annual report on Form 10-K or quarterly report on Form 10-Q, the Company shall deliver, or cause to
be delivered, the following to each of the Intel Member, TB Member and TPG Member: 
 (A) not later than ninety
(90) days after the end of each Fiscal Year of the Company, a copy of the audited consolidated balance sheet of the Company and its Subsidiaries as of the end of such Fiscal Year and the related statements of operations and cash flows for such
Fiscal Year, setting forth in each case in comparative form the figures for the previous year, all in reasonable detail; and 

  
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 (B) not later than forty-five (45) days or such later time as
permitted under applicable securities law after the end of each of the first three fiscal quarters of each Fiscal Year, the unaudited consolidated balance sheet of the Company and its Subsidiaries, and the related statements of operations and cash
flows for such quarter and for the period commencing on the first day of the Fiscal Year and ending on the last day of such quarter. 
 (d)
Tax Returns. 
 (i) The Company shall cause to be prepared and timely filed all federal, state, local and foreign tax returns
(including information returns) of the Company and its Subsidiaries which are required to be filed. Upon written request of the TPG Member, the Intel Member or the TB Member, for a purpose reasonably related to such Member’s interest in the
Company, the Company shall furnish to such Member a copy of such tax return. 
 (ii) The Company shall furnish to the Managing Member, the
TPG Member, the Intel Member and the TB Member (a) as soon as reasonably practicable after the end of each Fiscal Year, all information concerning the Company and its Subsidiaries reasonably required for the preparation of tax returns of such
Members (or any beneficial owner(s) of such Member), including a report (including Schedule K-1) indicating such Member’s share of the Company’s taxable income, gain, credits, losses and deductions
for such year, in sufficient detail to enable such Member to prepare its federal, state and other tax returns; provided, that the Managing Member shall (i) cause the Company to deliver to such Member a draft Schedule K-1 within ninety (90) days after the end of each Fiscal Year and (ii) use commercially reasonable efforts to provide estimates of such other information, which estimates the Managing Member in good faith
believes to be reasonable, (b) as soon as reasonably practicable after the close of the relevant fiscal period, such information concerning the Company as is required to enable such Member (or any beneficial owner of such Member) to pay
estimated taxes and (c) as soon as reasonably practicable after a request by such Member, such other information concerning the Company and its Subsidiaries that is reasonably requested by such Member for compliance with its tax obligations (or
the tax obligations of any beneficial owner(s) of such Member) or for tax planning purposes. These rights with respect to the Managing Member, the TPG Member, the Intel Member and the TB Member shall survive such Member becoming a former Member.

 (iii) The Company shall provide each Member other than the Managing Member, the TPG Member, the Intel Member and the TB Member, as soon
as reasonably practicable after the end of each fiscal year a Schedule K-1, indicating such Member’s share of the Company’s taxable income, gain, credits, losses and deductions for such year, in
sufficient detail to enable such Member to prepare its federal, state and other tax return; provided, that the Managing Member shall cause the Company to deliver to such Member a draft Schedule K-1
within ninety (90) days after the end of each Fiscal Year. 

  
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 (iv) Notwithstanding anything to the contrary in this Agreement, PubCo shall, and shall
cause each of its Subsidiaries (including the Company) to, file its tax returns in accordance with the tax treatment described in Section 8.10 of the Subscription Agreement, dated as of September 8, 2016, by and among the Company, Intel
Corporation and TPG VII Manta Holdings L.P. and to not take any position inconsistent with such tax treatment in any tax audit or similar proceeding or exam (except upon a contrary Determination, as defined in the Tax Receivable Agreement). 

(e) Inconsistent Positions. Unless a Member provides prior written notice to the Company, such Member will not take a position on such
Member’s U.S. federal income tax return, in any claim for refund or in any administrative or legal proceedings that is inconsistent with this Agreement or with any information return filed by the Company. 

Section 3.04 Books and Records. The Company shall keep full and accurate books of account and other records of the Company at its
principal place of business. No Member (other than the Managing Member, the TPG Member and the Intel Member) shall have any right (except as otherwise explicitly accorded to a Member hereunder or under any other applicable agreement) to inspect the
books and records of PubCo, the Company or any of its Subsidiaries, and each Member (other than the Managing Member, the TPG Member and the Intel Member) hereby waives its rights under Section 18-305(a)
of the Delaware Act to the greatest extent permitted by applicable Law. 
 ARTICLE IV 

COMPANY OWNERSHIP; RESTRICTIONS ON COMPANY UNITS 

Section 4.01 Company Ownership. 

(a) Except in connection with Redemptions or Exchanges in accordance with Article IX, pursuant to the Restructuring Agreement (and the
transactions contemplated thereby), or as otherwise determined by the Managing Member with the approval of the TPG Member and the Intel Member, if at any time PubCo issues a share of Class A Common Stock or any other Equity Security of PubCo
entitled to any economic rights (including in the IPO) (an “Economic PubCo Security”), (i) the Company shall issue to PubCo (or a wholly-owned Subsidiary of PubCo that PubCo designates) an equal number (or such other number as
determined by the Managing Member in good faith to reflect the respective economic entitlements of the applicable Equity Securities) of Class A Units (if PubCo issues shares of Class A Common Stock) or such other Equity Securities (if
PubCo issues Economic PubCo Securities other than a share of Class A Common Stock) corresponding to the Economic PubCo Security, with substantially the same rights to dividends and distributions (including distributions on liquidation) and
other economic rights as those of such Economic PubCo Security and (ii) in exchange for the issuances in the foregoing clause (i), the net proceeds or contributed proceeds or other assets received by PubCo with respect to the corresponding
issuance of Class A Common Stock or other Economic PubCo Securities, if any, shall be concurrently contributed by PubCo directly or indirectly to the Company, it being understood that, if PubCo or any of its Subsidiaries acquires the equity of
any entity treated as a domestic corporation for U.S. federal income tax purposes, PubCo or such Subsidiary, as applicable, will, subject to non-Tax commercial objectives (other than reducing

  
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payment obligations under the Tax Receivable Agreement), use its reasonable best efforts to restructure such acquired entity so that, for U.S. federal income tax purposes, the operating assets
and liabilities of such entity are contributed, for U.S. federal income tax purposes, to the Company in a manner that minimizes the amount of equity interests in domestic corporations, for U.S. federal income tax purposes, that the Company owns,
directly or indirectly. 
 (b) Notwithstanding Section 4.01(a), this Article IV shall not apply (i) to
the issuance and distribution to holders of shares of PubCo Common Stock of rights to purchase Equity Securities of PubCo under a “poison pill” or similar shareholders rights plan (it being understood that upon a Redemption involving a
Share Settlement or an Exchange under Article IX, the shares of Class A Common Stock and/or Class B Common Stock, as the case may be, issued therein will be issued together with a corresponding right) or (ii) to the issuance
under any Equity Incentive Plan, the McAfee Employee Stock Purchase Plan or any other employee benefit plan sponsored or maintained by PubCo, of any Equity Securities, warrants, restricted stock units, options or other rights to acquire Equity
Securities of PubCo or rights or property that are not themselves capital stock of PubCo but may be converted into or settled in Equity Securities of PubCo, but shall in each of the foregoing cases apply to the issuance of capital stock of PubCo
upon the exercise or settlement of such warrants, restricted stock units, options, rights or property. 
 (c) Notwithstanding anything to the
contrary herein, in the event that shares of unvested Class A Common Stock issued to holders of Management Incentive Units in connection with their direct or indirect contribution of equity of MAC to PubCo are canceled, (a) the number of
Class A Units owned by PubCo and its wholly-owned Subsidiaries shall not be reduced and (b) the number of Class A Units owned by PubCo and its wholly-owned Subsidiaries shall not be increased to reflect the issuance of additional
shares of Class A Common Stock pursuant to the Contribution Agreements. 
 Section 4.02 Restrictions on Units. 

(a) Except as expressly permitted by Section 4.01 or as otherwise determined by the Managing Member with the consent
of each of the TPG Member and the Intel Member, the Company may not issue any additional Class A Units or any other Equity Securities to PubCo or any of its Subsidiaries, unless substantially simultaneously therewith PubCo issues, including in
connection with a stock dividend, or sells an equal number (or such other number as determined by the Managing Member in good faith to reflect the respective economic entitlements of the applicable Equity Securities) of shares of Class A Common
Stock or other Equity Securities of PubCo with substantially the same rights to dividends and distributions (including distributions upon liquidation of PubCo) and other economic rights as the Equity Securities issued by the Company. 

(b) Except as otherwise determined by the Managing Member with the consent of each of the TPG Member and the Intel Member, (i) neither
PubCo nor any of its Subsidiaries may redeem, repurchase or otherwise acquire any shares of Class A Common Stock unless substantially simultaneously therewith the Company redeems, repurchases or otherwise acquires from PubCo (or such
Subsidiary, as applicable) an equal number of Class A Units for the same price per security and (ii) neither PubCo nor any of its Subsidiaries may redeem or repurchase any other Equity Securities of PubCo unless substantially
simultaneously therewith, the Company 

  
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redeems or repurchases from PubCo (or such Subsidiary, as applicable) an equal number (or such other number as determined by the Managing Member in good faith to reflect the respective economic
entitlements of the applicable Equity Securities) of Equity Securities of the Company of a corresponding class or series with substantially the same rights to dividends and distributions (including distributions upon liquidation) or other economic
rights as those of such Equity Securities of PubCo for the same price per security (or such other price as determined by the Managing Member in good faith to reflect the respective economic entitlements of the applicable Equity Securities). Except
as otherwise determined by the Managing Member with the consent of each of the TPG Member and the Intel Member or as provided in Section 4.03 below, the Company may not redeem, repurchase or otherwise acquire Class A
Units or other Equity Securities of the Company from PubCo or any of its Subsidiaries, unless substantially simultaneously therewith PubCo redeems, repurchases or otherwise acquires an equal number (or such other number as determined by the Managing
Member in good faith to reflect the respective economic entitlements of the applicable Equity Securities) of shares of Class A Common Stock or other applicable Equity Securities of PubCo with substantially the same rights to dividends and
distributions (including distributions upon liquidation of PubCo) and other economic rights as the Equity Securities issued by the Company for a corresponding price per security (or such other price as determined by the Managing Member in good faith
to reflect the respective economic entitlements of the applicable Equity Securities) from holders thereof. Notwithstanding the immediately preceding sentence, to the extent that any consideration payable by PubCo in connection with the redemption or
repurchase of any shares or other Equity Securities of PubCo is or consists (in whole or in part) of shares or such other Equity Securities (including, for the avoidance of doubt, in connection with the net exercise of an option or warrant, the net
settlement of a restricted stock unit or net withholding with respect to restricted stock), then redemption or repurchase of the corresponding Equity Securities of the Company shall be effectuated in an equivalent manner. 

(c) Except as otherwise determined by the Managing Member with the approval of the TPG Member and the Intel Member (or pursuant to the
Restructuring Agreement), if at any time an Economic PubCo Security is forfeited (e.g., due to the forfeiture of a restricted Economic PubCo Security in connection with a termination of employment or other service or the failure to meet
applicable performance conditions), PubCo (or a Subsidiary of PubCo that PubCo designates) shall automatically forfeit an equal number (or such other number as determined by the Managing Member in good faith to reflect the respective economic
entitlements of the applicable Economic PubCo Security) of Class A Units (if restricted shares of Class A Common Stock are forfeited) or such other Equity Securities (if other restricted Economic PubCo Securities are forfeited)
simultaneously with the forfeiture of the applicable Economic PubCo Security. 
 (d) Except as otherwise determined by the Managing Member
with the consent of each of the TPG Member and the Intel Member, (i) the Company shall not in any manner effect any subdivision (by any stock or Unit split, stock or Unit dividend or distribution, reclassification, reorganization,
recapitalization or otherwise) or combination (by reverse stock or Unit split, reclassification, reorganization, recapitalization or otherwise) of the outstanding Equity Securities of the Company unless accompanied by a substantively identical
subdivision or combination, as applicable, of the outstanding Equity Securities of PubCo, with corresponding changes made with respect to any other exchangeable or convertible securities, and (ii) PubCo shall not in any manner effect any
subdivision (by any stock split, stock dividend or distribution, reclassification, reorganization, recapitalization or otherwise) or combination (by reverse stock 

  
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split, reclassification, reorganization, recapitalization or otherwise) of the outstanding Class A Common Stock unless accompanied by a substantively identical subdivision or combination, as
applicable, of the outstanding Equity Securities of the Company, with corresponding changes made with respect to any other exchangeable or convertible securities. Notwithstanding any other provision of this Section 4.02,
but subject to Section 4.02(e), PubCo shall be permitted to pay a dividend to its shareholders consisting of a number of shares of Class A Common Stock or other Equity Securities equal to the number of Class A
Units (or Equity Securities, as applicable) the Company issues to PubCo or any of PubCo’s wholly owned Subsidiaries in exchange for a contribution of cash or other property by such Persons to the Company where the Managing Member reasonably
determines that such cash or other property is not attributable to proceeds received by PubCo from an issuance of Equity Securities of PubCo (with (i) the number of Class A Units issued by the Company to PubCo or its Subsidiaries equal to
the quotient obtained by dividing (x) the amount of cash and the fair market value (as reasonably determined by the Managing Member) of other property contributed by such Persons to the Company by (y) the last closing sale price of a share
of Class A Common Stock on the Trading Day immediately preceding the date of the contribution, or such other amount of Class A Units as approved by the TPG Member and the Intel Member, and (ii) the number of other Equity Securities
issued by the Company to PubCo or its Subsidiaries calculated by the Managing Member in good faith and approved by the TPG Member and the Intel Member). 

(e) Notwithstanding any other provision of this Agreement, except as contemplated by the Restructuring Agreement or with respect to cash
balances of any entity PubCo acquires pursuant thereto, which cash PubCo shall use to directly or indirectly acquire Equity Securities of the Company, if PubCo acquires or holds cash in excess of any monetary obligations it reasonably anticipates
(including as a result of the receipt of distributions pursuant to Section 5.03(d) for any period in excess of PubCo’s (x) actual tax liabilities and (y) current obligations under the Tax Receivable
Agreement, for such period), PubCo may not use such excess cash amount to acquire Equity Securities in the Company without the prior written consent of the TPG Member and the Intel Member. 

Section 4.03 Call Rights/Mandatory Redemption Rights. 

(a) Company Call Option/Mandatory Redemption Rights. Upon the Termination of Service of any Service Provider Member for any reason
(including by reason of death, disability, retirement or voluntary resignation) other than a Termination of Service for “Cause” (as defined in the applicable Award Agreement) (or a voluntary Termination of Service by the Service Provider
Member at a time when the Company or any of its Affiliates could terminate the Service Provider Member for “Cause”), subject to any limitations set forth in an applicable Award Agreement, the Company may, within one hundred eighty days
(180) days following the later to occur of (x) such Termination of Service or (y) the date that is six (6) months plus one (1) day following the latest date on which any of the Service Provider Member’s Units vested,
repurchase the vested portion thereof (whether or not held by the Service Provider Member or a direct or indirect Transferee of such vested portion) for cash or a note payable (or in any other medium provided for in an applicable Award Agreement) at
their Fair Market Value determined on the date that notice of the repurchase is provided to the Service Provider Member or may require the Service Provider Member to redeem such Units in accordance with the applicable provisions of Article
IX on the date that a notice of mandatory redemption is provided. 

  
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In addition, subject to any limitations set forth in an applicable Award Agreement, in the event that the Service Provider Member commences employment or a service relationship that is
competitive with the Company or any of its Affiliates, other than an Affiliate of the Company, that is not in violation of the Restrictive Covenants, the Company may, within one hundred eighty (180) days following the later to occur of
(a) the date on which the Company obtained actual knowledge of the commencement of such employment or other service relationship or (b) the date that is six (6) months plus one (1) day following the latest date on which any of
the Service Provider Member’s Units vested, repurchase the vested portion thereof (whether or not held by Service Provider Member or a direct or indirect Transferee of such vested portion) for cash at their Fair Market Value determined on the
date that notice of the repurchase is provided to the Service Provider Member or may require the Service Provider Member to redeem such Units in accordance with the applicable provisions of Article IX on the date that a notice of mandatory
redemption is provided. Such repurchase or mandatory redemption shall be closed promptly after the Company provides written notice of its desire to repurchase the vested portion of the applicable Units or cause such vested portion to be redeemed.
Each Service Provider Member agrees, at any time after the granting of a Unit, to execute, and to cause any Permitted Transferee to execute, any documents (including a power of attorney) determined by the Managing Member in good faith to be
necessary or appropriate to give effect to the Company’s repurchase right or mandatory redemption right described in this Section 4.03(a). 

(b) Forfeiture. For avoidance of doubt, subject to any limitations set forth in an applicable Award Agreement, upon a Termination of
Service for “Cause” (as defined in the applicable Award Agreement) (or a voluntary termination by the Service Provider Member at a time when the Company or any of its Affiliates could terminate the Service Provider Member for
“Cause”) or upon the material violation of an applicable Restrictive Covenant, which breach, to the extent such breach is susceptible to cure, is not cured within thirty (30) days after such Service Provider Member receives written
notice from the Company of the same, the Service Provider Member’s Unit(s) (including all portions thereof) (whether or not held by the Service Provider Member or a direct or indirect Transferee of such Unit(s)) shall be immediately forfeited
for no consideration. For the avoidance of doubt, upon a Termination of Service or termination of “Employment” of a Service Provider Member, all Unvested portions of any Units granted to or in respect of such Service Provider Member
(whether or not held by such Service Provider Member, a direct or indirect Transferee of such Unit(s) or any other Person) shall be forfeited pursuant to the applicable Award Agreement. 

(c) Coordination. For purposes of this Section 4.03 any reference in an applicable Award Agreement to
Section 13 of the Prior Agreement dated prior to the date hereof shall be deemed to refer to this Section 4.03 from and after the Restatement Date. 

  
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 ARTICLE V 

 CAPITAL CONTRIBUTIONS; CAPITAL ACCOUNTS; 

DISTRIBUTIONS; ALLOCATIONS 

Section 5.01 Capital Contributions. 

(a) From and after the date hereof, no Member shall have any obligation to the Company, to any other Member or to any creditor of the Company
to make any further Capital Contribution, except as expressly provided in this Agreement. 
 (b) Except as expressly provided herein, no
Member, in its capacity as a Member, shall have the right to receive any Property of the Company. 
 Section 5.02 Capital
Accounts. 
 (a) Maintenance of Capital Accounts. The Company shall maintain a separate Capital Account for each Member on the
books of the Company in accordance with the provisions of Treasury Regulations Section 1.704-1(b)(2)(iv) and, to the extent consistent with such provisions, the following provisions: 

(i) Each Member listed on the Member Schedule shall be credited with the Initial Capital Account Balance set forth on the Member
Schedule. The Member Schedule shall be amended by the Managing Member after the closing of the IPO and from time to time to reflect adjustments to the Members’ Capital Accounts made in accordance with
Section 5.02(a)(ii), Section 5.02(a)(iii), Section 5.02(a)(iv), Section 5.02(c) or otherwise. 

(ii) To each Member’s Capital Account there shall be credited: (A) such Member’s Capital Contributions, (B) such
Member’s distributive share of Net Income and any item in the nature of income or gain that is allocated pursuant to Section 5.04 and (C) the amount of any Company liabilities assumed by such Member or that are
secured by any Property distributed to such Member. 
 (iii) To each Member’s Capital Account there shall be debited: (A) the
amount of money and the Carrying Value of any Property distributed to such Member pursuant to any provision of this Agreement, (B) such Member’s distributive share of Net Loss and any items in the nature of expenses or losses that are
allocated to such Member pursuant to Section 5.04 and (C) the amount of any liabilities of such Member assumed by the Company or that are secured by any Property contributed by such Member to the Company. 

(iv) In determining the amount of any liability for purposes of subparagraphs (ii) and (iii) above there shall be taken into account
Section 752(c) of the Code and any other applicable provisions of the Code and the Treasury Regulations. 
 The foregoing provisions and the other
provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent
with such Treasury Regulations. In the event that the Managing Member shall reasonably determine that it is prudent to modify the manner in which the Capital Accounts or any debits or credits thereto are maintained (including debits or credits
relating to liabilities that are secured by contributed or distributed Property or that are assumed by the Company or the Members), the Managing Member may make such modification so long as such modification will not have any effect on the amounts
distributed to any Person pursuant to Article XII upon the dissolution of the Company. The Managing Member also shall (i) make any adjustments that are necessary or appropriate to maintain equality between Capital Accounts of the Members
and the amount of capital reflected on the Company’s balance sheet, as computed for book purposes, in accordance with Treasury Regulations Section 1.704-1(b)(2)(iv)(g), and (ii) make any
appropriate modifications in the event unanticipated events might otherwise cause this Agreement not to comply with Treasury Regulations Section 1.704-1(b). 

  
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 (b) Succession to Capital Accounts. In the event any Person becomes a Substitute
Member in accordance with the provisions of this Agreement, such Substitute Member shall succeed to the Capital Account of the former Member (the “Transferor Member”) to the extent such Capital Account relates to the Transferred
Units. 
 (c) Adjustments of Capital Accounts. The Company shall revalue the Capital Accounts of the Members in accordance with
Treasury Regulations Section 1.704-1(b)(2)(iv)(f) at the following times: (i) immediately prior to the contribution of more than a de minimis amount of money or other property to the Company
by a new or existing Member as consideration for one or more Units; (ii) immediately prior to the distribution by the Company to a Member of more than a de minimis amount of property as consideration for one or more Units;
(iii) immediately prior to the liquidation of the Company within the meaning of Treasury Regulations Section 1.704-1(b)(2)(ii)(g); (iv) in connection with the issuance by the Company of more
than a de minimis amount of Units as consideration for the provision of services to or for the benefit of the Company (as described in Treasury Regulations Section 1.704-1(b)(2)(iv)(f)(5)(iii));
and (v) upon the contribution of cash to the Company and to McAfee Finance 2, LLC in connection with the IPO; provided, however, that adjustments pursuant to clauses (i), (ii) and (iv) above need not be made if the
Managing Member, with the consent of each of the TPG Member and the Intel Member, reasonably determines that such adjustments are not necessary or appropriate to reflect the relative economic interests of the Members and that the absence of such
adjustments does not adversely and disproportionately affect any Member. 
 (d) No Member shall be entitled to withdraw capital or receive
distributions except as specifically provided herein. A Member shall have no obligation to the Company, to any other Member or to any creditor of the Company to restore any negative balance in the Capital Account of such Member. Except as expressly
provided elsewhere herein, no interest shall be paid on the balance in any Member’s Capital Account. 
 (e) Whenever it is necessary for
purposes of this Agreement to determine a Member’s Capital Account on a per Unit basis, such amount shall be determined by dividing the Capital Account of such Member attributable to the applicable class of Units held of record by such Member
by the number of Units of such class held of record by such Member, with appropriate adjustments if necessary to reflect the economic differences between Units. 

Section 5.03 Amounts and Priority of Distributions. 

(a) Distributions Generally. Except as otherwise provided in Article XII, distributions shall be made to the Members as
set forth in this Section 5.03, at such times and in such amounts as the Managing Member, in its sole discretion, shall determine. 

  
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 (b) Distributions to the Members. 

(i) Subject to Section 5.03(d), any applicable agreement to which the Company or any of its Subsidiaries is a party
governing the terms of third-party indebtedness for borrowed money, and the retention and establishment of reserves, or payment to the relevant parties of such funds as the Managing Member deems necessary or desirable in its sole discretion with
respect to the reasonable needs and obligations of the Company, the net cash flow of the Company may be distributed to the Members at such times as may be determined by the Managing Member from time to time in its sole discretion. Except as
specifically set forth herein and subject to Section 5.03(b)(ii), Section 5.03(d) and Section 5.03(e), all distributions as of any date shall be distributed ratably among
the holders of Class A Units and Management Incentive Units, based on the number of Class A Units or Management Incentive Units, as applicable, owned by such holders; provided, that, subject to
Section 5.03(e), for purposes of this Section 5.01(b) and notwithstanding anything to the contrary set forth herein, a holder of a Management Incentive Unit (or portion thereof) shall be eligible
to participate in distributions (A) only to the extent that the per Unit amount distributed by the Company (after the date of issuance of such Management Incentive Unit) in respect of each Class A Unit that is not a Management Incentive
Unit and that was outstanding on the date of issuance of such Management Incentive Unit, excluding Tax Distributions, exceeds the then-unsatisfied Management Incentive Unit Return Threshold applicable to such Management Incentive Unit and
(B) solely from the excess described in the preceding clause (A). 
 (ii) Notwithstanding anything contained herein to the contrary,
(i) all distributions (other than Tax Distributions and the MAC Distribution) otherwise payable in respect of any Unvested Class A Unit or Unvested Management Incentive Unit to any holder thereof will be held back and distributed to such
holder of such Unvested Class A Unit or Unvested Management Incentive Unit, as applicable, if and when such Unvested Class A Unit or Unvested Management Incentive Unit vests; provided, that, if any condition to the vesting of such
Unvested Class A Unit or Unvested Management Incentive Unit becomes incapable of being satisfied, then any amounts that have not been distributed with respect to such Unvested Class A Unit or Unvested Management Incentive Unit, as
applicable, may be distributed to all other Unit Holders in accordance with Section 5.03(b)(i) as if such distribution were a new distribution pursuant to Section 5.03(b)(i); and provided
further that any shares of capital stock of MAC received in connection with the MAC Distribution by a holder of Units that, as of immediately prior to the MAC Distribution, were unvested shall be subject to the same vesting conditions as the Units
in respect of which they were distributed. Furthermore, in the event that any holder of Class A Units or Management Incentive Units is obligated to return to the Company any distributions made in respect of such Class A Units or Management
Incentive Units, including by reason of the violation of any Restrictive Covenant, such returned amounts may be distributed to the other holders of Units in accordance with Section 5.03(b)(i) as if such distribution were a
new distribution pursuant to Section 5.03(b)(i). For all purposes under this Agreement (including U.S. federal, state and local income tax purposes) each Member who holds any Unvested Class A Unit or Unvested
Management Incentive Unit will be treated as the owner of the unvested portion of the applicable Unvested Class A Unit or Management Incentive Unit and will be entitled to allocations of Net Income and Net Loss (and any items of income, gain,
loss, deduction or credit) with respect thereto. 
 (c) Distributions in Kind. Any distributions in kind shall be made at such times
and in such amounts as the Managing Member, in its sole discretion, shall determine based on their fair market value as determined by the Managing Member in the same proportions as if distributed in accordance with
Section 5.03(b). If cash and property are to be distributed in kind simultaneously, the Company shall distribute such cash and property in kind in the same proportion to each Member. In connection with the MAC Distribution,
the Company shall be treated as having made a distribution equal to the aggregate fair market value (as determined by the Company in its sole discretion) of the shares of MAC distributed in the MAC Distribution. 

  
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 (d) Tax Distributions. 

(i) To the extent the Company has available cash for distribution by the Company under the Delaware Act and subject to any applicable
agreement to which the Company or any of its Subsidiaries is a party governing the terms of third party indebtedness for borrowed money, and subject to the retention and establishment of reserves, or payment to third parties, of such funds as the
Managing Member deems necessary or desirable in its sole discretion with respect to the reasonable needs and obligations of the Company or any of its Subsidiaries, the Managing Member shall cause the Company to make each Fiscal Year, on a quarterly
basis by the 10th (or next succeeding Business Day) of each of March, June, September and December (or other dates as may be appropriate in light of tax and estimated tax payment requirements),
distributions to each Member that aggregate to such Member’s Tax Distribution Amount for such Fiscal Year. A final accounting for Tax Distributions shall be made for each taxable year after the taxable income or loss of the Company has been
determined for such taxable year, and the Company shall promptly thereafter make supplemental Tax Distributions (or future Tax Distributions will be reduced) to reflect any difference between estimates previously used in calculating Tax
Distributions and the relevant actual amounts recognized. If, following an audit or examination, there is an adjustment (including in connection with a “push-out” election under Section 6226 of
the Code and any analogous election under state or local tax Laws) that would affect the calculation of the Company’s taxable income or taxable loss for a given period or portion thereof (or result in additional tax liabilities to a Member
pursuant to Section 6226 of the Code or any analogous election under state or local tax Laws), or in the event that the Company files an amended tax return (or administrative adjustment request) which has such effect, then, subject to the
availability of cash and any restrictions set forth in any credit agreements or other debt documents to which the Company is a party, and subject to the retention and establishment of reserves, or payment to third parties, of such funds as the
Managing Member deems necessary or desirable in its sole discretion with respect to the reasonable needs and obligations of the Company or any of its Subsidiaries, the Company shall promptly recalculate each Member’s Tax Distribution and Tax
Distribution Amount for the applicable period and, subject to Section 9.01(d), make additional Tax Distributions (increased by an additional amount estimated to be sufficient to cover any interest or penalties) to give
effect to such adjustment or amended tax return (or administrative adjustment request). Notwithstanding the foregoing, to the extent a Member otherwise would, on any given date, be entitled to receive less than its ratable portion, based on the
number of Class A Units or Management Incentive Units, as applicable, owned by such Member, of the aggregate Tax Distributions to be paid pursuant to this Section 5.03(d) on such date to the holders of Class A
Units and Management Incentive Units, the Tax Distributions to such Member shall, subject to Section 5.03(f)(v) and Section 9.01(d), be increased to ensure that all Tax Distributions made pursuant
to this Section 5.03(d) are made ratably among the Members based on the number of Class A Units or Management Incentive Units, as applicable, owned by the Members as of such date. If on the date on which a Tax
Distribution is to be made there are not sufficient available funds in the Company (or any of its Subsidiaries that are not foreign corporations for U.S. federal income tax purposes) to distribute the full amount of the relevant Tax Distributions
otherwise to be made or any credit agreements or other debt documents to which the Company (or any of its 

  
 29 

 
Subsidiaries) is a party do not permit the Company to receive from its Subsidiaries or distribute to each Member the full amount of the Tax Distributions otherwise to be made to each such Member,
distributions pursuant to this Section 5.03(d) shall, subject to Section 5.03(f)(v) and Section 9.01(d), be made ratably among the Members based on the number of
Class A Units or Management Incentive Units, as applicable, owned by such Members as of such date to the extent of the available funds. 

(ii) For the avoidance of doubt, Tax Distributions shall not be treated as advances of amounts otherwise distributable to any Member pursuant
to this Section 5.03 or Section 12.02(b)(ii), and accordingly shall not be applied against or reduce the next amounts that would otherwise be payable to such Member pursuant to such provisions or
otherwise. 
 (e) Limitations in Respect of Profits Interests. 

(i) It is the intention of the Members that distributions with respect to each Profits Interest be limited to the extent necessary so that
each Profits Interest qualifies at the time of grant as a “profits interest” for U.S. federal income tax purposes, and this Agreement shall be interpreted accordingly. In the event that distributions to which a Member would otherwise be
entitled are inconsistent with the first sentence of this Section 5.03(e)(i), the Managing Member is authorized to adjust future distributions to the Members in whatever manner it deems appropriate (to the extent consistent
with the intended treatment of each Profits Interest as a “profits interest” for U.S. federal income tax purposes) so that, after such adjustments are made, each Member receives, to the maximum extent possible, an amount of distributions
equal to the amount of distributions such Member would have received were such sentence not part of this Agreement. Additionally, the Company intends to treat a Member holding a Profits Interest as the owner of such Interest for tax reporting
purposes from the date it is granted, and the Company intends to file its IRS Form 1065, and the Company intends to issue appropriate Schedule K-1s, if any, to such Member, allocating to such Member its
distributive share of all items of income, gain, loss, deduction and credit associated with such Management Incentive Unit (or portion thereof) as if no time-based vesting restrictions applied. Each holder of Management Incentive Units agrees to
take into account such distributive share in computing its U.S. federal income tax liability for the entire period during which it holds any Management Incentive Unit (or portion thereof). The Company and each Member agree not to claim a deduction
(as wages, compensation or otherwise) for U.S. federal, state and local income tax purposes the fair market value of any Profits Interest issued to a holder of Management Incentive Units, either at the time of grant of the Unit or at the time the
Unit becomes substantially vested. The undertakings contained in this Section 5.03(e)(i) shall be construed in accordance with the treatment of each Profits Interest as a “profits interest” for U.S. federal income
tax purposes. Each recipient of a Profits Interest whether issued on or after the date hereof that is subject to vesting agrees to timely and properly file an election under Section 83(b) of the Code with respect to each Profits Interest and
provide the Company with a copy of such election. Each holder of Profits Interests acknowledges and agrees that such holder will consult with such holder’s tax advisor to determine the tax consequences of filing an election under
Section 83(b) of the Code. Each such holder acknowledges that it is the sole responsibility of such holder, and not the Company, to file a timely election under Section 83(b) of the Code even if such holder requests the Company or its
representatives to make such filing on behalf of such holder. 

  
 30 

 (ii) By executing this Agreement, each Member authorizes the Company, at the election of
the Managing Member, to elect to have the “Safe Harbor” described in the proposed Revenue Procedure (“Revenue Procedure” ) set forth in the IRS Notice 2005-43 (the
“Notice” ) apply to any Interest Transferred to a service provider by the Company on or after the effective date of such Revenue Procedure in connection with services provided to the Company or any Subsidiary of the Company. For
purposes of making such “Safe Harbor” election, the Managing Member is hereby designated as the “partner who has responsibility for U.S. federal income tax reporting” by the Company and, accordingly, execution of such “Safe
Harbor” election by the Managing Member shall constitute execution of a “Safe Harbor Election” in accordance with Section 3.03 of the Notice. The Company and each Member hereby agree to comply with all requirements of the
“Safe Harbor” described in the Notice, to the extent such requirements are imposed in the Revenue Procedure, including the requirement that each Member shall prepare and file all U.S. federal income tax returns reporting the income tax
effects of each interest in the Company issued by the Company covered by the “Safe Harbor” in a manner consistent with the requirements of the Revenue Procedure. 

(iii) Each Member authorizes the Managing Member to amend this Section 5.03(e) to the extent necessary and advisable
in the determination of the Managing Member to comply with the requirements of the Revenue Procedure as issued; provided, that such amendment is not adverse to such Member (as compared with the
after-tax consequences that would result if the provisions of the Notice applied to all Interests in the Company Transferred to a service provider by the Company in connection with services provided to the
Company or any Subsidiary of the Company). A Member’s obligations to comply with the requirements of this Section 5.03(e) shall survive such Member’s ceasing to be a Member of the Company and/or the winding up and
dissolution of the Company, and, for purposes of this Section 5.03(e), the Company shall be treated as continuing in existence. 

(f) Managing Member Distributions. Notwithstanding the provisions of Section 5.03(b), the Managing Member may
authorize that, to the extent expenses or other obligations of the Managing Member and its wholly owned Subsidiaries are related to its role as the Managing Member or the business and affairs of the Managing Member and its wholly-owned Subsidiaries
that are conducted through the Company or any of the Company’s direct or indirect Subsidiaries, cash (and, for the avoidance of doubt, only cash) distributions may be made to the Managing Member or its wholly-owned Subsidiaries, as applicable
(which distributions shall be made without pro rata distributions to the other Members), in amounts required for the Managing Member and its wholly-owned Subsidiaries to pay (v) the Special TRA Payment (and the aggregate amount of any Special
TRA Payment that the Managing Member makes shall reduce the next succeeding Tax Distributions to the Managing Member and its wholly-owned Subsidiaries), (w) operating, administrative and other similar costs incurred by the Managing Member and its
wholly-owned Subsidiaries, to the extent the proceeds are used or will be used by the Managing Member and its wholly-owned Subsidiaries to pay expenses described in this Section 5.03(f) (in either case only to the extent
economically equivalent indebtedness or Equity Securities of the Company were not issued to the Managing Member or its wholly-owned Subsidiaries), and payments pursuant to any legal, tax, accounting and other professional fees and expenses (but, for
the avoidance of doubt, excluding any tax liabilities of the Managing Member and its wholly-owned Subsidiaries), (x) any judgments, settlements, penalties, fines or other costs and expenses in respect of any claims against, or any litigation or
proceedings involving, the 

  
 31 

 
Managing Member and its wholly-owned Subsidiaries, (y) fees and expenses (including any underwriters’ discounts and commissions) related to any securities offering, investment or
acquisition transaction (whether or not successful) authorized by the Managing Member and its wholly-owned Subsidiaries and (z) other fees and expenses in connection with the maintenance of the existence of the Managing Member and its
wholly-owned Subsidiaries. For the avoidance of doubt, distributions made under this Section 5.03(f) may not be used to pay or facilitate dividends or distributions on the common stock of PubCo or pursuant to the Tax
Receivable Agreement without the consent of each of the TPG Member and the Intel Member and must be used solely for the express purposes set forth under the immediately preceding sentence. 

Section 5.04 Allocations. 

(a) Net Income and Net Loss. Except as otherwise provided in this Agreement, and after giving effect to the special allocations set
forth in Section 5.04(b), Section 5.04(c) and Section 5.04(d), Net Income and Net Loss (and, to the extent necessary, individual items of income, gain, loss, deduction or
credit) of the Company shall be allocated among the Members in a manner such that the Capital Account of each Member, immediately after making such allocation, is, as nearly as possible, equal to (i) the distributions that would be made to such
Member pursuant to Section 5.03(b) if the Company were dissolved, its affairs wound up and its assets sold for cash equal to their Carrying Value, all Company liabilities were satisfied (limited with respect to each
nonrecourse liability to the Carrying Value of the assets securing such liability), and the net assets of the Company were distributed, in accordance with Section 5.03(b), to the Members immediately after making such
allocation (assuming, solely for this purpose that all Unvested Units were fully vested in respect of time-based vesting conditions), minus (ii) such Member’s share of Company Minimum Gain and Member Nonrecourse Debt Minimum Gain, computed
immediately prior to the hypothetical sale of assets. 
 (b) Special Allocations. The following special allocations shall be made in
the following order: 
 (i) Minimum Gain Chargeback. Except as otherwise provided in Treasury Regulations Section 1.704-2(f), notwithstanding any other provision of this Article V, if there is a net decrease in Company Minimum Gain during any Fiscal Year, each Member shall be specially allocated items of
Company income and gain for such Fiscal Year (and, if necessary, subsequent Fiscal Years) in an amount equal to such Member’s share of the net decrease in Company Minimum Gain, determined in accordance with Treasury Regulations Section 1.704-2(g). Allocations pursuant to the immediately preceding sentence shall be made in proportion to the respective amounts required to be allocated to each Member pursuant thereto. The items to be so
allocated shall be determined in accordance with Treasury Regulations Section 1.704-2(f)(6) and 1.704-2(j)(2). This Section 5.04(b)(i) is
intended to comply with the minimum gain chargeback requirement in Treasury Regulations Section 1.704-2(f) and shall be interpreted consistently therewith. 

  
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 (ii) Member Minimum Gain Chargeback. Except as otherwise provided in Treasury
Regulations Section 1.704-2(i)(4), notwithstanding any other provision of this Article V, if there is a net decrease in Member Nonrecourse Debt Minimum Gain attributable to a Member Nonrecourse
Debt during any Fiscal Year, each Member who has a share of the Member Nonrecourse Debt Minimum Gain attributable to such Member Nonrecourse Debt, determined in accordance with Treasury Regulations
Section 1.704-2(i)(5), shall be specially allocated items of Company income and gain for such Fiscal Year (and, if necessary, subsequent Fiscal Years) in an amount equal to such Member’s share of the
net decrease in Member Nonrecourse Debt Minimum Gain attributable to such Member Nonrecourse Debt, determined in accordance with Treasury Regulations Section 1.704-2(i)(4). Allocations pursuant to the
previous sentence shall be made in proportion to the respective amounts required to be allocated to each Member pursuant thereto. The items to be so allocated shall be determined in accordance with Treasury Regulations
Sections 1.704-2(i)(4) and 1.704-2(j)(2). This Section 5.04(b)(ii) is intended to comply with the minimum gain chargeback requirement in
Treasury Regulations Section 1.704-2(i)(4) and shall be interpreted consistently therewith. 

(iii) Qualified Income Offset. In the event any Member unexpectedly receives any adjustments, allocations, or distributions described
in Treasury Regulations Sections 1.704-1(b)(2)(ii)(d)(4), 1.704-1(b)(2)(ii)(d)(5) or Section 1.704-1(b)(2)(ii)(d)(6),
items of Company income and gain shall be specially allocated to such Member in an amount and manner sufficient to eliminate, to the extent required by the Treasury Regulations, the Adjusted Capital Account Deficit of the Member as promptly as
possible; provided, that an allocation pursuant to this Section 5.04(b)(iii) shall be made only if and to the extent that the Member would have an Adjusted Capital Account Deficit after all other allocations provided
for in this Article V have been tentatively made as if this Section 5.04(b)(iii) were not in the Agreement. 

(iv) Nonrecourse Deductions. Nonrecourse Deductions for any Fiscal Year shall be specially allocated to the Members in a manner
determined by the Managing Member consistent with Treasury Regulations Sections 1.704-2(b) and 1.704-2(c). 

(v) Member Nonrecourse Deductions. Any Member Nonrecourse Deductions for any Fiscal Year shall be specially allocated to the Member who
bears the economic risk of loss with respect to the Member Nonrecourse Debt to which such Member Nonrecourse Deductions are attributable in accordance with Treasury Regulations Sections 1.704-2(i)(1) and 1.704-2(j)(1). 
 (vi) Section 754 Adjustments. (A) To the extent an
adjustment to the adjusted tax basis of any Company asset pursuant to Sections 734(b) or 743(b) of the Code is required pursuant to Treasury Regulations Section 1.704-1(b)(2)(iv)(m)(4) to be taken
into account in determining Capital Accounts as a result of a distribution other than in liquidation of a Member’s interest in the Company, the amount of such adjustment shall be treated as an item of gain (if the adjustment increases the basis
of such asset) or loss (if the adjustment decreases the basis of such asset) from the disposition of the asset and shall be taken into account for purposes of computing Net Income and Net Loss; and (B) to the extent an adjustment to the
adjusted tax basis of any Company asset pursuant to Sections 734(b) or 743(b) of the Code is required, pursuant to Treasury Regulations Section 1.704-1(b)(2)(iv)(m)(2) or Section 1.704-1(b)(2)(iv)(m)(4), to be taken into account in determining Capital Accounts as the result of a distribution to a Member in complete liquidation of such Member’s interest in the Company, the
amount of such adjustment to Capital Accounts shall be treated as an item of gain (if the adjustment increases the basis of the asset) or loss (if the adjustment decreases such basis) and such gain or loss shall be specially allocated to such
Members in accordance with their interests in the Company in the event Treasury Regulations Section 1.704-1(b)(2)(iv)(m)(2) applies, or to the Member to whom such distribution was made in the event
Treasury Regulations Section 1.704-1(b)(2)(iv)(m)(4) applies. 

  
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 (c) Curative Allocations. The allocations set forth in
Section 5.04(b)(i) through Section 5.04(b)(vi) and Section 5.04(d) (the “Regulatory Allocations”) are intended to comply with certain requirements of the
Treasury Regulations. It is the intent of the Members that, to the extent possible, all Regulatory Allocations shall be offset either with other Regulatory Allocations or with special allocations of other items of Company income, gain, loss, or
deduction pursuant to this Section 5.04(c). Therefore, notwithstanding any other provision of this Article V (other than the Regulatory Allocations), the Managing Member shall make such offsetting special
allocations of Company income, gain, loss, or deduction in whatever manner it determines appropriate so that, after such offsetting allocations are made, each Member’s Capital Account balance is, to the extent possible, equal to the Capital
Account balance such Member would have had if the Regulatory Allocations were not part of the Agreement and all Company items were allocated pursuant to Section 5.04. 

(d) Loss Limitation. Net Loss (or individual items of loss or deduction) allocated pursuant to Section 5.04
hereof shall not exceed the maximum amount of Net Loss (or individual items of loss or deduction) that can be allocated without causing any Member to have an Adjusted Capital Account Deficit at the end of any Fiscal Year. In the event some but not
all of the Members would have Adjusted Capital Account Deficits as a consequence of an allocation of Net Loss (or individual items of loss or deduction) pursuant to Section 5.04 hereof, the limitation set forth in this
Section 5.04(d) shall be applied on a Member by Member basis and Net Loss (or individual items of loss or deduction) not allocable to any Member as a result of such limitation shall be allocated to the other Members in
accordance with the positive balances in such Member’s Capital Accounts so as to allocate the maximum permissible Net Loss to each Member under Treasury Regulations Section 1.704-1(b)(2)(ii)(d). Any
reallocation of Net Loss pursuant to this Section 5.04(d) shall be subject to chargeback pursuant to the curative allocation provision of Section 5.04(c). 

Section 5.05 Other Allocation Rules. 

(a) Interim Allocations Due to Percentage Adjustment. If a Percentage Interest of Units is the subject of a Transfer or the
Members’ interests in the Company change pursuant to the terms of the Agreement during any Fiscal Year, the amount of Net Income and Net Loss (or items thereof) to be allocated to the Members for such entire Fiscal Year shall be allocated to
the portion of such Fiscal Year which precedes the date of such Transfer or change (and if there shall have been a prior Transfer or change in such Fiscal Year, which commences on the date of such prior Transfer or change) and to the portion of such
Fiscal Year which occurs on and after the date of such Transfer or change (and if there shall be a subsequent Transfer or change in such Fiscal Year, which precedes the date of such subsequent Transfer or change), and the amounts of the items so
allocated to each such portion shall be credited or charged to the Members in accordance with Section 5.04 as in effect during each such portion of the Fiscal Year in question. Such allocation shall be in accordance with
Section 706 of the Code and the regulations thereunder and made without regard to the date, amount or receipt of any distributions that may have been made with respect to the Transferred Percentage Interest to the extent consistent with
Section 706 

  
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of the Code and the regulations thereunder, and shall be made using any method permitted by Section 706 of the Code and such regulations as determined by the Managing Member. As of the date
of such Transfer, the Transferee Member shall succeed to the Capital Account of the Transferor Member with respect to the Transferred Units. 

(b) Tax Allocations: Code Section 704(c). In accordance with Section 704(c) of the Code and the Treasury
Regulations thereunder, income, gain, loss, and deduction with respect to any Property contributed to the capital of the Company, and allocations that are “reverse Section 704(c) allocations” described in Treasury Regulations 1.704-3(a)(6) shall, solely for tax purposes, be allocated among the Members so as to take account of any variation between the adjusted basis of such Property to the Company for U.S. federal income tax purposes and
its initial Carrying Value or its Carrying Value determined pursuant to Treasury Regulation 1.704-1(b)(2)(iv)(f) (computed in accordance with the definition of Carrying Value) using the traditional allocation
method under Treasury Regulation 1.704-3(b), except as otherwise agreed by each of the Managing Member, the TPG Member and the Intel Member. Any elections or other decisions relating to such allocations shall
be made by the Managing Member in any manner that reasonably reflects the purpose and intention of this Agreement. Allocations pursuant to this Section 5.05(b), Section 704(c) of the Code (and the principles thereof),
Treasury Regulation 1.704-1(b)(4)(i), and Treasury Regulation 1.704-3(a)(6) are solely for purposes of federal, state, and local taxes and shall not affect, or in
any way be taken into account in computing, any Member’s Capital Account or share of Net Income, Net Loss, other items, or distributions (other than by reason of affecting Tax Distributions) pursuant to any provision of this Agreement. 

Section 5.06 Tax Withholding; Withholding Advances. 

(a) Tax Withholding. 
 (i)
If requested by the Managing Member, each Member shall, if reasonably able to do so, deliver to the Managing Member: (A) an affidavit in form satisfactory to the Company that the applicable Member (or its regarded owner for U.S. federal income
tax purposes, as the case may be) is not subject to withholding under the provisions of any federal, state, local, foreign or other Law; (B) any certificate that the Company may reasonably request with respect to any such Laws; and/or
(C) any other form or instrument reasonably requested by the Company relating to any Member’s status under such Law. In the event that a Member (or its regarded owner for U.S. federal income tax purposes, as the case may be) fails or is
unable to deliver to the Company an affidavit described in subclause (A) of this clause (i), for the avoidance of doubt, the Company may withhold amounts from such Member in accordance with Section 5.06(b). 

(ii) After receipt of a written request of any Member, the Company shall provide such information to such Member and take such other action as
may be reasonably necessary to assist such Member in making any necessary filings, applications or elections to obtain any available exemption from, or any available refund of, any withholding imposed by any foreign taxing authority with respect to
amounts distributable or items of income allocable to such Member hereunder to the extent not adverse to the Company or any Member. In addition, the Company shall, at the request of TPG or Intel or the reasonable request of any other Member, make or
cause to be made (or cause the Company to make) any such filings, applications 

  
 35 

 
or elections; provided, that any such requesting Member shall cooperate with the Company, with respect to any such filing, application or election to the extent reasonably determined by
the Company and that any filing fees, taxes or other out-of-pocket expenses reasonably incurred and related thereto shall be paid and borne by such requesting Member or,
if there is more than one requesting Member, by such requesting Members in accordance with their Relative Percentage Interests. 
 (b)
Withholding Advances. To the extent PubCo or the Company or any of their Subsidiaries is required by Law to withhold or to make tax payments on behalf of or with respect to any Member (e.g., in connection with allocations of income or with
the delivery of consideration in connection with a Redemption or Exchange, backup withholding, Section 1441 of the Code, Section 1445 of the Code, or Section 1446 of the Code or, in each case, similar provisions of state, local or
other tax Law with respect to allocations or distributions to Persons who are not U.S. persons for U.S. federal income tax purposes) (“Withholding Advances”), PubCo, the Company, or such Subsidiary, as the case may be, may withhold
such amounts and make such tax payments as so required. “Withholding Advances” shall not include any “imputed underpayment” within the meaning of the Code or similar provisions of state or local tax Law or any related liability.

 (c) Repayment of Withholding Advances. All Withholding Advances made (or to be made) on behalf of a Member, plus interest thereon
at a rate equal to 10% per annum, shall (i) be paid on demand by the Member on whose behalf such Withholding Advances were made (it being understood that no such payment shall increase such Member’s Capital Account except to the extent
that the Withholding Advances previously reduced such Member’s Capital Account), or (ii) with the consent of the Managing Member be repaid by reducing the amount of the current or next succeeding distribution or distributions that would
otherwise have been made to such Member or, if such distributions are not sufficient for that purpose, by so reducing the proceeds of liquidation otherwise payable to such Member. Whenever repayment of a Withholding Advance by a Member is made as
described in clause (ii) of this Section 5.06(c), for all other purposes of this Agreement such Member shall be treated as having received all distributions (whether before or upon any Dissolution Event) unreduced by
the amount of such Withholding Advance and interest thereon. 
 (d) Withholding Advances — Reimbursement of Liabilities. Each
Member hereby agrees to reimburse the Company for any liability with respect to Withholding Advances (including interest thereon) required or made on behalf of or with respect to such Member (including penalties imposed with respect thereto). The
obligations of a Member with respect to the repayment and reimbursement of Withholding Advances will survive the termination, liquidation, winding up and dissolution of the Company and will survive the partial or complete Transfer or redemption of a
Member’s interests in the Company. 
 Section 5.07 Tax Proceedings. In representing the Company before any taxing
authorities and courts in tax matters affecting the Company and the Members in their capacity as such, the Company Representative shall, to the extent practicable and permitted under the circumstances, keep the Members promptly informed of any such
administrative and judicial proceedings; provided, that, (x) with respect to any tax year for which the TPG Member is a Member, the TPG Member shall (to the extent permitted by applicable Law) be entitled to

  
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participate with the Company Representative in any tax matters that would reasonably be expected to adversely affect the TPG Member or a TPG Affiliated Fund (or any beneficial owners of the TPG
Member or a TPG Affiliated Fund) in any material respect, (y) with respect to any tax year for which the Intel Member is a Member, the Intel Member shall (to the extent permitted by applicable Law) be entitled to participate with the Company
Representative in any tax matters that would reasonably be expected to adversely affect the Intel Member (or Intel) in any material respect, and (z) with respect to any tax year for which the TB Member is a Member, the TB Member shall (to the
extent permitted by applicable Law) be entitled to participate with the Company Representative in any U.S. federal income tax audits of a partnership tax return of the Company that would reasonably be expected to disproportionately and adversely
affect the TB Member or a TB Affiliated Fund (or any beneficial owners of the TB Member or a TB Affiliated Fund) in any material respect. The Company shall not make any tax election or adopt any method of tax allocation in a manner inconsistent with
past practice that would materially affect the TPG Member or a TPG Affiliated Fund without the TPG Member’s prior written consent, and the Company shall not make any tax election or adopt any method of tax allocation in a manner inconsistent
with past practice that would materially affect the Intel Member without the Intel Member’s prior written consent. Nothing in this Section 5.07 shall prevent the Company (or any of its Subsidiaries) from making an
election pursuant to Section 754 of the Code (or analogous provisions of state or local Law), and the Company shall make and maintain at all times, and shall cause each of its Subsidiaries that is treated as a partnership for U.S. federal
income tax purposes to make and maintain at all times, a valid election pursuant to Section 754 of the Code (and analogous provisions of state or local Law). 

ARTICLE VI 
 CERTAIN TAX MATTERS

 Section 6.01 Company Representative. 

(a) The Managing Member is authorized and appointed to act as the Company Representative and in any similar capacity under state or local Law;
provided, that the Managing Member may appoint and replace the Company Representative. The Company Representative shall designate a “designated individual” in accordance with Treasury Regulations Section 301.6223-1(b)(3)(i). The Company and the Members (including any Member designated as the Company Representative prior to the date hereof) shall cooperate fully with each other and shall use reasonable
best efforts to cause the Managing Member (or any Person subsequently designated) to become the Company Representative with respect to any taxable period of the Company with respect to which the statute of limitations has not yet expired, including
(as applicable) by filing certifications pursuant to Treasury Regulations Section 301.6231(a)(7)-1(d). 

(b) The Company Representative may retain, at the Company’s expense, such outside counsel, accountants and other professional consultants
as it may reasonably deem necessary in the course of fulfilling its obligations as the Company Representative. The Company Representative is authorized to take, and shall determine in its sole discretion whether or not the Company will take, such
actions and execute and file all statements and forms on behalf of the Company that are approved by the Managing Member and are permitted or required by the applicable provisions of the Partnership Tax Audit Rules; provided that, except with
the consent 

  
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of the TPG Member and the Intel Member, a “push-out” election under Section 6226 of the Code and any analogous election under state or local
tax Law shall be made with respect to the Company and each of its Subsidiaries, in each case where such election is available. If the Company does not make a “push-out” election pursuant to the
preceding sentence, any “imputed underpayment” shall be treated as an expense of the Company. Each Member agrees to cooperate with the Company Representative and to use commercially reasonable efforts to do or refrain from doing any or all
things requested by the Company Representative (including paying any and all resulting taxes, additions to tax, penalties and interest in a timely fashion) in connection with any examination of the Company’s affairs by any federal, state, or
local tax authorities, including resulting administrative and judicial proceedings; provided, however, that, notwithstanding anything to the contrary contained in this Agreement, neither the Company nor the Managing Member shall
require any Member (i) to file any amended tax return (or administrative adjustment request) in connection with or pursuant to the Partnership Tax Audit Rules or otherwise, except as required by Law, or (ii) to pay any adjustment pursuant
to Section 6225(c)(2)(B) of the Code or, in each case, any analogous provision under state or local tax law without the prior written consent of each of the TPG Member and the Intel Member. 

(c) To the extent permitted by Law, the Company Representative shall cause the Company to elect the application of the Partnership Tax Audit
Rules for any pre-2018 taxable year, except if each of the TPG Member and the Intel Member agree otherwise. 

Section 6.02 Assets Held Through Corporations. Except with the consent of the TPG Member and the Intel Member, each of the Company
and the Managing Member shall, subject to non-Tax commercial objectives (other than reduction of payment obligations under the Tax Receivable Agreement) and except to the extent consistent with past practice
in respect of assets principally used or held for use in the conduct of a trade or business outside of the United States, use its reasonable best efforts to minimize, or cause the Company to minimize, as applicable, the portion of the assets of the
Company and each of its Subsidiaries that are held directly or indirectly by or through entities that are treated as corporations for U.S. federal income tax purposes. 

Section 6.03 Transfers of Property to Corporations. Neither the Company nor any of its Subsidiaries shall contribute or
otherwise Transfer any assets that constitute Property of such Transferor entity to a domestic or foreign entity treated as a corporation for U.S. federal income tax purposes, without the consent of each of the TPG Member and Intel Member, except
that (a) the Company and its Subsidiaries through which the Company owns equity in McAfee HoldCo Corp. may contribute cash to McAfee HoldCo Corp. for it to retain a 0.2% equity interest in McAfee Finance 2, LLC and (ii) the Company and its
Subsidiaries may transfer assets principally used or held for use in the conduct of a trade or business outside the United States to an entity that is a foreign corporation for U.S. federal income tax purposes for valid commercial objectives (other
than for U.S. tax objectives or to reduce payment obligations under the Tax Receivable Agreement). 

  
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 Section 6.04 Section 83(b) Elections. 

(a) Each Member who acquires Units that are subject to a “substantial risk of forfeiture” within the meaning of Code Section 83
at the time of such acquisition shall consult with such Member’s tax advisor to determine the tax consequences of such acquisition and the advisability of filing an election under Code Section 83(b) with respect to such Units. Each Member
who acquires Units that are intended to constitute Profits Interests (including Management Incentive Units) and at the time of such acquisition are subject to a “substantial risk of forfeiture” within the meaning of Code Section 83
shall make a timely election under Code Section 83 with respect to such Units. It is the sole responsibility of a Member, and not the Company, to file the election under Code Section 83(b) even if such Member requests the Company or any of
its representatives to assist in making such filing. Each Member who files an election under Code Section 83(b) with respect to Units (including each Member who is required to file such an election under this
Section 6.04(a)) shall provide a copy of such election and proof of filing of such election to the Company on or before the due date for the filing of such election. 

(b) The Company is authorized to follow the proposed Treasury regulations that were issued on May 24, 2005 regarding the issuance of
partnership equity for services (including Prop. Treas. Reg. §§1.83-3, 1.83-6, 1.704-1,
1.706-3, 1.721-1 and 1.761-1), as such regulations may be subsequently amended, upon the issuance of a Company interest for
services rendered or to be rendered to or for the benefit of the Company or a Subsidiary of the Company, until final Treasury regulations regarding such matters are issued. 

ARTICLE VII 
 MANAGEMENT OF THE
COMPANY 
 Section 7.01 Management by the Managing Member. Except as otherwise specifically set forth in this Agreement, the
Managing Member shall be deemed to be a “manager” for purposes of the Delaware Act. Except as expressly provided in this Agreement or the Delaware Act, the
day-to-day business and affairs of the Company and its Subsidiaries shall be managed, operated and controlled exclusively by the Managing Member in accordance with the
terms of this Agreement, and no other Members shall have management authority or rights over the Company or its Subsidiaries. The Managing Member is, to the extent of its rights and powers set forth in this Agreement, an agent of the Company for the
purpose of the Company’s and its Subsidiaries’ business, and the actions of the Managing Member taken in accordance with such rights and powers, shall bind the Company (and no other Members shall have such right). Except as expressly
provided in this Agreement, the Managing Member shall have all necessary powers to carry out the purposes, business, and objectives of the Company and its Subsidiaries. The Managing Member may delegate to Members, employees, officers or agents of
the Company or any Subsidiary in its discretion (i) the authority to sign agreements and other documents on behalf of the Company or any Subsidiary and (ii) such of the powers as are granted to the Managing Member hereunder as it deems
appropriate. The Managing Member shall have the exclusive power and authority, on behalf of the Company to take such actions not inconsistent with this Agreement as the Managing Member deems necessary or appropriate to carry on the business and
purposes of the Company and its Subsidiaries. 
 Section 7.02 Withdrawal of the Managing Member. PubCo may withdraw as the
Managing Member and appoint as its successor at any time upon written notice to the Company (i) any wholly-owned Subsidiary of PubCo, (ii) any Person into which PubCo is merged or consolidated or (iii) any Transferee of all or
substantially all of the assets of PubCo, which 

  
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withdrawal and replacement shall be effective upon the delivery of such notice. No appointment of a Person as Managing Member shall be effective unless PubCo and the new Managing Member provide
all other Members with contractual rights, directly enforceable by such other Members against the new Managing Member, to cause the new Managing Member to comply with all the Managing Member’s obligations under this Agreement. 

Section 7.03 Decisions by the Members. 

(a) Other than the Managing Member and except as set forth in this Agreement, the Members shall take no part in the management of the
Company’s business, shall transact no business for the Company and shall have no power to act for or to assume any obligations or responsibility on behalf of, or to bind the Company; provided, however, that the Company may engage
any Member or principal, partner, member, shareholder or interest holder thereof as an employee, independent contractor or consultant to the Company, in which event the duties and liabilities of such Person with respect to the Company as an
employee, independent contractor or consultant, as applicable, shall be governed by the terms of such engagement with the Company. 
 (b)
Except as expressly provided herein, neither the Members nor any class of Members shall have the power or authority to vote, approve or consent to any matter or action taken by the Company (or by PubCo, as Managing Member). 

Section 7.04 Fiduciary Duties. (i) The Managing Member shall, in its capacity as Managing Member, and not in any other
capacity, have the same fiduciary duties to the Company and the Members as a member of the board of directors of a Delaware corporation (assuming such corporation had in its certificate of incorporation a provision eliminating the liabilities of
directors and officers to the maximum extent permitted by Section 102(b)(7) of the DGCL); and (ii) each Officer shall, in their capacity as such, and not in any other capacity, have the same fiduciary duties to the Company and the Members
as an officer of a Delaware corporation (assuming such corporation had in its certificate of incorporation a provision eliminating the liabilities of directors and officers to the maximum extent permitted by Section 102(b)(7) of the DGCL).
Notwithstanding the immediately preceding sentence, the doctrine of corporate opportunity and any analogous doctrine shall not apply to any Exempted Person. 

Section 7.05 Officers. 

(a) Appointment of Officers. The Managing Member may appoint individuals as officers (“Officers”) of the Company, which
may include such officers as the Managing Member determines are necessary or appropriate. No Officer need be a Member. An individual may be appointed to more than one office. 

(b) Authority of Officers. The Officers shall have the duties, rights, powers and authority as may be prescribed by the Managing Member
from time to time. 
 (c) Removal, Resignation and Filling of Vacancy of Officers. Unless otherwise set forth in the employment
agreement of the applicable Officer, the Managing Member may remove any Officer, for any reason or for no reason, at any time. Any Officer may resign at any time by giving written notice to the Secretary or, if there is no Secretary, to the Managing

  
 40 

 
Member, without prejudice to the rights, if any, of the Company under any contract to which such Officer is a party, and such resignation shall take effect at the date of the receipt of that
notice or any later time specified in that notice; provided, that, unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation shall be without prejudice to
the rights, if any, of the Company or such Officer under this Agreement. A vacancy in any office because of death, resignation, removal or otherwise shall be filled by the Managing Member. 

Section 7.06 PubCo. Except with the consent of the TPG Member and the Intel Member, PubCo shall not and shall not cause any of its
Subsidiaries to operate or conduct any business other than through the Company and its Subsidiaries. 
 ARTICLE VIII 

TRANSFERS OF INTERESTS 

Section 8.01 Restricted Transfer. 

(a) No Member will directly or indirectly Transfer any Unit or Units (including all or any portion of any Management Incentive Unit) or all or
any part of the economic or other rights that comprise such Member’s interest in the Company except (i) Transfers to a Permitted Transferee in compliance with this Article VIII, (ii) with the prior written consent of the
Managing Member, (iii) a Permitted Pledge Transfer or (iv) solely in the case of a limited partner in an investment fund that indirectly holds Units, indirect Transfers of Units by such limited partner in connection with the Transfer of
its interest in the applicable investment fund. Any attempted Transfer not in compliance with the terms of this Article VIII will be null and void and the Company will not in any way give effect to any such Transfer. In addition to the
foregoing, no Member will, and each Member will cause its Affiliates not to, circumvent the provisions of this Agreement by Transferring (or permitting the Transfer of) its securities or any entity whose primary purpose is to hold (directly or
indirectly) Units unless such Transfer is otherwise in compliance with the terms of this Article VIII. 
 (b) Any Member who assigns
any Units or other interest represented by such Units in the Company (any such Member, an “Assignor”) in accordance with this Article VIII will cease to be a Member of the Company with respect to such Units or other interest
represented by such Units and will no longer have any rights or privileges of a Member with respect to such Units or such portion of its interest represented by such Units (but will still be bound by this Agreement in accordance with this Article
VIII, subject to Section 8.03), including the power and right to vote (in proportion to the extent of the interest Transferred) on any matter submitted to the Members, and, for voting purposes, such interest will not be
counted as outstanding in proportion to the extent of the interest Transferred unless and until the Transferee is admitted as a Member in accordance with Section 8.03. 

(c) Subject to the terms of this Article VIII, any Person who acquires in any manner whatsoever any Interest (any such Person, an
“Assignee”), irrespective of whether such Person has accepted and adopted in writing the terms and provisions of this Agreement, will be deemed by the acceptance of the benefits of the acquisition thereof to have agreed to be
subject to and bound by all of the terms, conditions and obligations (but will be entitled to none of the rights or benefits) of this Agreement that any Transferor of such Interest of such Person was subject to or by which such Transferor was bound.

  
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 (d) Notwithstanding any other provision of this Agreement to the contrary, except as
otherwise agreed by each of the Managing Member, the Intel Member and the TPG Member, no Member shall Transfer all or any part of its Units or any right or economic interest pertaining thereto if such Transfer, in the reasonable discretion of the
Managing Member, would cause the Company to (i) be classified as a “publicly traded partnership” as that term is defined in Section 7704 of the Code and Regulations promulgated thereunder or (ii) fail to qualify for the safe
harbor contained in Treasury Regulations Section 1.7704-1(h), it being understood that the Company is not expected to qualify for such safe harbor for the 2020 taxable year. Without limiting any of the
foregoing, and notwithstanding any other provision of this Agreement to the contrary, no Member shall Transfer all or any part of its Units or any right or economic interest pertaining thereto during the 2020 taxable year of the Company unless such
Transfer either (x) qualifies as a block transfer under Treasury Regulations Section 1.7704-1(e)(2), or (y) is disregarded pursuant to Treasury Regulations Sections 1.7704-1(e)(1)(i) or (ii). Any purported Transfer in contravention of this Section 8.01(d) will be null and void ab initio. 

(e) For the avoidance of doubt, in addition to any restrictions on Transfer set forth in this Article VIII that may apply to such
Transfer, any Transfer of Units by any Member shall be subject to the restrictions on Transfer applicable thereto pursuant to any Award Agreement or other policy, agreement or arrangement with or of PubCo, the Company of any of their Affiliates
applicable to such Member. 
 Section 8.02 Permitted Transfers. Subject to Section 8.01(d) and
Section 8.01(e), from and after the IPO, the following Transfers shall be permitted (any such Transfer, a “Permitted Transfer” and, the applicable Transferee, a “Permitted Transferee”): 

(a) Affiliates and Members of the Immediate Family. Subject to Section 8.03, a Member who is an individual
will be entitled to Transfer all or any portion of such Member’s Units to one or more Members of the Immediate Family of such Member, or to a trust or other estate planning vehicle for the benefit of such Member or one or more of the Members of
the Immediate Family of such Member, so long as the Person controlling such trust or other estate planning vehicle is the Transferring Member; provided, however, that no such Transfer will be effective until the holders of the
beneficial interests of such Transferee will have delivered to the Company a written acknowledgement and agreement in form and substance reasonably satisfactory to the Company that they will not Transfer any such beneficial interests or permit such
Transferee to issue any such beneficial interests except to the extent such Transfer or issuance (treating such issuance as a Transfer by such holders) would be permitted under this Section 8.02 if the beneficial interests
were Units; provided, further, that such Member will retain voting control of such Transferred Units (to the extent such Units have voting rights hereunder), whether by proxy or other arrangement. In no event will all or any portion of
a Member’s Units Transferred to a minor or an incompetent except in trust or pursuant to the Uniform Gifts to Minors Act. Subject to compliance with the requirements set forth in this Agreement, (A) each of the TPG Member and its
Affiliates, the Intel Member and its Affiliates and the TB Member and its Affiliates, as applicable, will be entitled to Transfer all or any portion of such Member’s Interest to its Affiliates 

  
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(including, in the case of the TB Member and the TPG Member, a TB Affiliated Fund and a TPG Affiliated Fund, respectively); and (B) the direct and indirect owners of the TB Member and the
TPG Member and their respective Affiliates will be entitled to Transfer to their respective Affiliates all or any portion of their indirect interests in the Company so long as Affiliates of TB or TPG, respectively, continue to control the applicable
vehicles through which such owners hold their investment in the Company. 
 (b) Upon Death. Subject to
Section 8.03 and compliance with the requirements set forth in this Agreement, upon the death of any Member who is a natural Person, such Member’s Interest may be Transferred by the will or other instrument taking
effect at death of such Member or by applicable Laws of descent and distribution to such Member’s estate, executors, administrators and personal representatives, and then to such Member’s heirs, legatees or distributees, whether or not
such recipients are Members of the Immediate Family of such Member. 
 (c) To the Company. Subject to compliance with the requirements
set forth in this Agreement, each Member will be entitled to Transfer all or any portion of such Member’s Units to the Company. 
 (d)
Exchanges. Any Transfer pursuant to the terms of Article IX or Section 4.03; and 
 (e) Certain
Company Transactions. Any Transfer contemplated by Section 10.01 in connection with a PubCo Approved Change of Control or PubCo Approved Recap Transaction. 

Section 8.03 Transfer Requirements. Subject to the provisions of Section 8.01, no Assignee (including a
Permitted Transferee) will be admitted to the Company as a Member unless the following conditions are satisfied: 
 (a) In the case of a
Transfer to a Permitted Transferee or pursuant to Section 8.01, a duly executed written instrument of Transfer is provided to the Managing Member, specifying the Units being Transferred and setting forth the intention of
the Member effecting the Transfer that the Transferee succeed to a portion or all of such Member’s Units as a Member; 
 (b) If
requested by the Managing Member, an opinion of responsible counsel (who may be counsel for the Company) is provided to it, reasonably satisfactory in form and substance to the Managing Member to the effect that: 

(i) such Transfer would not violate the Securities Act or any state securities or blue sky Laws applicable to the Company or the Units to be
Transferred; 
 (ii) such Transfer would not cause the Company to be considered a publicly traded partnership under Section 7704(b) of
the Code; and 

  
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 (iii) such Transfer would not cause the Company to lose its status as a partnership for
U.S. federal income tax purposes, it being understood that the opinions described in clauses (ii) and (iii) above shall only be required to the extent that the Managing Member shall reasonably determine that such Transfer may otherwise raise a
material risk that the Company would be considered a publicly traded partnership under Section 7704(b) of the Code or lose its status as a partnership for U.S. federal income tax purposes, as the case may be. 

(c) In the case of a Transfer to a Permitted Transferee or pursuant to Section 8.01, the Member effecting the
Transfer and the Transferee execute any other instruments that the Managing Member deems reasonably necessary or desirable for admission of the Transferee, including the written acceptance by the Transferee of this Agreement and such
Transferee’s agreement to be bound by and comply with the provisions hereof, and the Member effecting the Transfer and the Transferee provide the Managing Member any information necessary to comply with the requirements of Section 743(e)
of the Code, if applicable; and 
 (d) Other than in connection with a Transfer pursuant to Section 8.02 or unless waived by the
Managing Member, the Member effecting the Transfer or the Transferee pays to the Company a transfer fee in an amount sufficient to cover the reasonable out-of-pocket
expenses incurred by the Company in connection with the admission of the Transferee and provides to the Company any information necessary for the Company to make required basis adjustments and comply with tax reporting requirements. 

Section 8.04 Market Standoff. Each Member hereby agrees that it will not, without the prior written consent of the managing
underwriter, during the period commencing on the date of the final prospectus relating to the IPO and ending on the date that is one hundred eighty (180) days following the date of the final prospectus (the “Restricted Period”), (i)
offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly, any shares of
Class A Common Stock, Class A Units or any securities convertible into or exercisable or exchangeable (directly or indirectly) for Class A Common Stock (whether such shares or any such securities are then owned by the Member or are
thereafter acquired) (collectively, the “Lock-Up Securities”) or (ii) enter into any swap or other arrangement or transaction that transfers to another Person, in whole or in part, any of the
economic consequences of ownership of the Lock-Up Securities, whether any such transaction described in clause (i) or (ii) above to be settled by delivery of the
Lock-Up Securities, in cash or otherwise; provided, that the foregoing clauses (i) and (ii) shall be subject to the terms and conditions, including any carve-outs for permitted transfers, contained in any
lock-up agreement executed by the Unit Holders of a majority of the Units in connection with the IPO (each, a “Lock-up Agreement”); provided, further, that the
restrictions contained in this Section 8.04 shall not apply to any Member that has entered into a Lock-Up Agreement, and such Member shall be bound by the terms and provisions of such
Lock-Up Agreement in lieu hereof. 
 Section 8.05 Certain Transfer Restrictions. 

(a) The TPG Member and its Affiliates and the TB Member and its Affiliates shall not knowingly Transfer, directly or indirectly, all or any
portion of its Interest to any of the Persons set forth on Schedule 8.05(a). This Section 8.05(a) shall automatically terminate at such time as the TPG Member and its Affiliates or the TB Member
and its Affiliates, as the case may be, hold less than 5% of the outstanding Units of the Company. Notwithstanding any other provision in this Agreement, any amendment to this Agreement having the effect of

  
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amending or modifying this Section 8.05(a) (including for the avoidance of doubt Schedule 8.05(a)) shall require the prior written consent of the Intel Member,
the TPG Member and (if such amendment involves adding Person to Schedule 8.05(a) or the TB Member is otherwise adversely effected by such amendment), the TB Member. 

(b) Notwithstanding anything to the contrary contained herein, no Member will be entitled to Transfer any Unvested Management Incentive Unit
Interest without the written consent of the Managing Member. 
 Section 8.06 Withdrawal of a Member. If a Member Transfers all
of its Units in accordance with the terms of this Agreement and the Assignee of such Interest is admitted as a Member pursuant to Section 8.03, such Assignee will be admitted to the Company as a Member effective on the
effective date of the Transfer or such other date as may be specified when the Assignee is admitted and immediately following such admission the Assignor will cease to be a Member of the Company. Upon the Assignor ceasing to be a Member, the
Assignor will not be entitled to any distributions from and after the date of such Transfer. Notwithstanding the admission of an Assignee as a Member and except as otherwise expressly approved by the Managing Member, the Assignor will not be
released from any obligations to the Company as a Member (or otherwise) existing as of the date of the Transfer or relating to the consummation of such Transfer (which shall be deemed to include any liabilities arising from any failure by the
Transferee to withhold or deduct any amounts required to be deducted or withheld under Section 1446 of the Code or any other law (including as a result of the Company or any of its Affiliates being required to deduct and withhold amounts from
distributions to Transferee or its successor) and any liabilities for Taxes imposed on the Company or any Subsidiaries thereof for any taxable period (or portion thereof) ending on or before the date of such Transfer, including pursuant to Chapter
63 of the Code (and any analogous provisions of state, local or non-U.S. Law)); provided, however, that if the Assignor is the TPG Member, then the Intel Member must also approve a release from any obligations
contemplated by this sentence in order to be effective; provided, further, that if the Assignor is the Intel Member, then the TPG Member must also approve a release from any obligations contemplated by this sentence in order to be effective. If a
Service Provider Member forfeits all of his, her or its Units in the manner contemplated by any applicable Award Agreement or Section 4.03, and holds no other Interests, such Service Provider Member will cease to be a
Member of the Company as of the time of such forfeiture, and will not be entitled to any distributions from and after such time. 

Section 8.07 Registration of Transfers. When any Units are Transferred in accordance with the terms of this Agreement, the Company
shall cause such Transfer to be registered on the books of the Company. 
 Section 8.08 Restricted Units Legend. The Units have
not been registered under the Securities Act and, therefore, in addition to the other restrictions on Transfer contained in this Agreement, cannot be sold unless subsequently registered under the Securities Act or an exemption from such registration
is then available. To the extent such Units have been certificated, each certificate evidencing Units and each certificate issued in exchange for or upon the Transfer of any Units (if such securities remain Units as defined herein after such
Transfer) shall be stamped or otherwise imprinted with a legend in substantially the following form: 

  
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 “THE SECURITIES REPRESENTED BY THIS CERTIFICATE WERE ISSUED ON , AND HAVE NOT BEEN REGISTERED
UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), AND MAY NOT BE SOLD OR TRANSFERRED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT OR AN EXEMPTION FROM REGISTRATION THEREUNDER. THE SECURITIES REPRESENTED BY
THIS CERTIFICATE ARE ALSO SUBJECT TO ADDITIONAL RESTRICTIONS ON TRANSFER SPECIFIED IN THE SECOND AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF FOUNDATION TECHNOLOGY WORLDWIDE LLC, AS MAY BE AMENDED AND MODIFIED FROM TIME TO TIME, AND
FOUNDATION TECHNOLOGY WORLDWIDE LLC RESERVES THE RIGHT TO REFUSE THE TRANSFER OF SUCH SECURITIES UNTIL SUCH CONDITIONS HAVE BEEN FULFILLED WITH RESPECT TO ANY TRANSFER. A COPY OF SUCH CONDITIONS SHALL BE FURNISHED BY FOUNDATION TECHNOLOGY WORLDWIDE
LLC TO THE HOLDER HEREOF UPON WRITTEN REQUEST AND WITHOUT CHARGE.” 
 The Company shall imprint such legend on certificates (if any)
evidencing Units. The legend set forth above shall be removed from the certificates (if any) evidencing any units which cease to be Units in accordance with the definition thereof. 

ARTICLE IX 
 REDEMPTION AND
EXCHANGE RIGHTS 
 Section 9.01 Redemption Right of a Member. 

(a) From and after the date of the IPO, and subject to (A) in the case of Service Provider Members, the terms of any applicable Award
Agreement and any Trading Policy (including any Black-Out Period contained therein) and (B) the waiver or expiration of the Restricted Period or any other contractual
lock-up period relating to the shares of PubCo (or any corresponding Units) that may be applicable to such Member, each Member shall be entitled to cause the Company to redeem (a “Redemption”)
its Class A Units (excluding any Class A Units that are subject to vesting conditions), in whole or in part (the “Redemption Right”) at any time and from time to time. A Member desiring to exercise its Redemption Right (a
“Redeeming Member”) shall exercise such right by giving written notice (including in electronic form) (the “Redemption Notice”) to the Company, with a copy to PubCo. The Redemption Notice shall specify the number of
Class A Units (the “Redeemed Units”) that the Redeeming Member intends to have the Company redeem and a date, not less than two (2) Business Days nor more than ten (10) Business Days after delivery of such Redemption
Notice (unless and to the extent that the Managing Member in its sole discretion agrees in writing to waive such time periods), on which exercise of the Redemption Right shall be completed (the “Redemption Date”); provided,
that the Redemption Notice may specify that the Redemption is to be contingent (including as to the timing) upon the consummation of a purchase by another Person (whether in a tender or exchange offer, an underwritten offering or otherwise) of the
Share Settlement into which the Redeemed Units are exchangeable, or contingent (including as to timing) upon the closing of an announced merger, consolidation or other transaction or event in which the Share Settlement would be exchanged or
converted or become exchangeable for or convertible into cash or other securities or property; provided, further that the Redeeming Member may withdraw or amend a Redemption 

  
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Notice, in whole or in part, prior to the effectiveness of the Redemption by mutual agreement signed in writing (including in electronic form) by each of the Company and PubCo, specifying
(1) the number of withdrawn Units, (2) if any, the number of Units as to which the Redemption Notice remains in effect and (3) if the Redeeming Member so determines, a new Redemption Date or any other new or revised information
permitted in the Redemption Notice. Following receipt of the Redemption Notice, and in any event at least two (2) Business Days prior to the Redemption Date, PubCo shall deliver to the Redeeming Member a notice, specifying whether it elects to
settle the Redemption with a Share Settlement or a Cash Settlement (an “Election Notice”). In the event an Election Notice is not delivered to the Redeeming Member at least two (2) Business Days prior to the Redemption Date,
the Company will be deemed to have elected a Share Settlement. 
 (b) If the Election Notice specifies a Cash Settlement, then, unless the
Redeeming Member has withdrawn the applicable Redemption, on the Redemption Date (to be effective immediately prior to the close of business on the Redemption Date): 

(i) PubCo shall pay the Cash Settlement directly to the Redeeming Member in exchange for the Redeemed Units; 

(ii) the Redeeming Member shall Transfer and surrender, free and clear of all liens and encumbrances (x) the Redeemed Units to PubCo, and
(y) an equal number of shares of Class B Common Stock to PubCo (to the extent the Redeeming Member owns shares of Class B Common Stock); 

(iii) the Company shall register PubCo as the owner of the Redeemed Units, and if the Redeemed Units are certificated, issue to the Redeeming
Member a certificate for a number of Class A Units equal to the difference (if any) between the number of Class A Units evidenced by the certificate surrendered by the Redeeming Member pursuant to clause (i) of this
Section 9.01(b) and the Redeemed Units; and 
 (iv) PubCo shall cancel and retire for no consideration such shares
of Class B Common Stock, if any. 
 In the event that (x) the Shares of Class A Common Stock are not publicly traded at the time of a
Redemption and the Class A Unit Redemption Price is determined by the Managing Member and (y) the Redeeming Member reasonably objects to such Class A Unit Redemption Price, the Election Notice shall deemed to have specified a Share
Settlement and Section 9.01(c) shall apply. 
 (c) If the Election Notice specifies a Share Settlement, then,
unless the Redeeming Member has withdrawn the applicable Redemption, on the Redemption Date PubCo (or a wholly-owned Subsidiary thereof) shall Transfer the Share Settlement directly to the Redeeming Member in exchange for the Redeemed Units (a
“Direct Redemption”) unless the Company has elected to effect the Redemption as a Contribution Redemption as provided below. In connection with a Direct Redemption, on the Redemption Date, (1) PubCo shall Transfer to such
Redeeming Member the Share Settlement; (2) the Redeeming Member shall Transfer and surrender, free and clear of all liens and encumbrances (x) the Redeemed Units to PubCo and (y) an equal number of shares of Class B Common Stock
to PubCo (to the extent the Redeeming Member owns shares of Class B Common Stock); (3) PubCo shall cancel and retire for no 

  
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consideration such shares of Class B Common Stock, if any; and (4) the Company shall register PubCo as the owner of the Redeemed Units and, if the Redeemed Units are certificated, shall
issue to the Redeeming Member a certificate for a number of Class A Units equal to the difference (if any) between the number of Class A Units evidenced by the certificate surrendered by the Redeeming Member pursuant to clause (1) of
this Section 9.01(c) and the Redeemed Units. In lieu of the steps described in the preceding sentence, the Company may cause the relevant parties to structure a Direct Redemption to involve the contribution (a
“Contribution Redemption”) by PubCo of a number of shares of Class A Common Stock of PubCo equal to what would otherwise be the Share Settlement to the Company in exchange for an equal number of Class A Units of the
Company with the Company distributing such PubCo equity interests to the Redeeming Member in redemption of such Member’s interest in the Company (or applicable portion thereof) free and clear of all liens and encumbrances in a transaction that
is treated as a “disguised sale of partnership interests” for U.S. federal income tax purposes, and in connection therewith PubCo shall cancel and retire for no consideration a number of shares of Class B Common Stock of the Redeeming
Member equal to the number of equity interests in the Company redeemed by the Company. In furtherance of the foregoing, each of the Company and the Redeeming Member shall take all actions reasonably requested by PubCo to effect the transactions
contemplated by this Section 9.01(c), including executing and delivering any document reasonably requested by PubCo in connection therewith. Where a TPG Member, Intel Member or TB Member (or an Affiliate of any of the
foregoing) is the Redeeming Member, such Person may cause PubCo to effect a Redemption as a purchase for U.S. federal income tax purposes by a wholly-owned Subsidiary of PubCo that is a domestic corporation for U.S. federal income tax purposes. 

(d) The number of shares of Class A Common Stock applicable to any Share Settlement or Cash Settlement shall not be adjusted on account of
any distributions previously made after the date hereof with respect to the Redeemed Units, dividends previously paid with respect to Class A Common Stock or cash or cash equivalents held by PubCo; provided, however, that
if a Redeeming Member causes the Company to redeem Redeemed Units and the Redemption Date occurs subsequent to the Record Date for any distribution with respect to the Redeemed Units but prior to payment of such distribution, the Redeeming Member
shall be entitled to receive such distribution with respect to the Redeemed Units on the date that it is made notwithstanding that the Redeeming Member Transferred and surrendered the Redeemed Units to the Company prior to such date;
provided, further, however, that a Redeeming Member shall not be entitled to receive any Tax Distributions after it ceases to own any Units in the Company. 

(e) In the case of a Share Settlement, in the event a reclassification or other similar transaction occurs following delivery of a Redemption
Notice, but prior to the Redemption Date, as a result of which shares of Class A Common Stock are converted into another security, then a Redeeming Member shall be entitled to receive the amount of such other security that the Redeeming Member
would have received if such Redemption Right had been exercised and the Redemption Date had occurred immediately prior to the Record Date of such reclassification or other similar transaction. 

Section 9.02 Exchange of Management Incentive Units. From and after the date of the IPO, and subject to (A) in the case of
Service Provider Members, the terms of any applicable Award Agreement and any Trading Policy (including any Black-Out Period contained therein) and (B) the waiver or expiration of the Restricted Period or
any other contractual lock-up period 

  
 48 

 
relating to the shares of PubCo (or any corresponding Units) that may be applicable to such Member, each Member (other than the Managing Member) shall be entitled to cause the Company to exchange
(an “Exchange”) its vested Management Incentive Units, in whole or in part (the “Exchange Right”) at any time and from time to time for a number of New Class A Units determined with respect to such vested
Management Incentive Units and in accordance with the terms set forth below; provided, that such Exchange shall not be permitted if such Management Incentive Units do not have a Fair Market Value that is greater than $0 at the time of such
Exchange. A Member desiring to exercise its Exchange Right (an “Exchanging Member”) shall exercise such right by giving written notice (including, if permitted by the Company, in electronic form) (the “Exchange
Notice”) to the Company and PubCo. The Exchange Notice shall specify the number and identity (including the relevant then-unsatisfied Management Incentive Unit Return Threshold) of Management Incentive Units (the “Exchanged
Management Incentive Units”) that the Exchanging Member intends to have the Company exchange and a date, not less than two (2) Business Days nor more than ten (10) Business Days after delivery of such Exchange Notice (unless and
to the extent that the Managing Member in its sole discretion agrees in writing to waive such time periods), on which exercise of the Exchange Right shall be completed (the “Exchange Date”); provided, that the Company and the
Exchanging Member may change the number of Exchanged Management Incentive Units and/or the Exchange Date specified in such Exchange Notice to another number and/or date by mutual agreement signed in writing (including, if permitted by the Company,
in electronic form) by each of the Company and PubCo. On the Exchange Date (to be effective immediately prior to the close of business on the Exchange Date): (a) the Exchanging Member shall Transfer and surrender, free and clear of all liens and
encumbrances, the Exchanged Management Incentive Units to the Company and (b) the Company shall (i) cancel the Exchanged Management Incentive Units, (ii) issue to the Exchanging Member the New Class A Units applicable to the
Exchanged Management Incentive Units and (iii) if the Exchanged Management Incentive Units are certificated, issue to the Exchanging Member a certificate for a number of Management Incentive Units equal to the difference (if any) between the
number of Management Incentive Units evidenced by the certificate surrendered by the Exchanging Member pursuant to clause (a) of this Section 9.02 and the Exchanged Management Incentive Units. Upon issuance of the New
Class A Units, such New Class A Units shall immediately be subject to all of the provisions herein applicable to Class A Units, including the Redemption provisions contained in this Article IX, and notwithstanding anything
herein to the contrary, immediately upon consummation of any Exchange, the Exchanging Member shall be required to initiate its Redemption Right with respect to the New Class A Units received in such Exchange, and therefore the provisions of the
foregoing Section 9.01 shall be deemed to apply as though the applicable Member had sent a Redemption Notice thereunder on the date that it sent the Exchange Notice under this Section 9.02, such
that the Redemption occurs on the same day as, and immediately following, the Exchange. 
 Section 9.03 Reservation of Shares of
Class A Common Stock; Listing; Certificate of PubCo, etc. 
 (a) At all times PubCo shall reserve and keep available
out of its authorized but unissued Class A Common Stock, solely for the purpose of issuance upon a Share Settlement in a Redemption such number of shares of Class A Common Stock as shall be issuable upon any such Redemption, including any
Redemption of New Class A Units that are issuable in 

  
 49 

 
connection with any Exchange; provided, that nothing contained herein shall be construed to preclude PubCo from satisfying its obligations in respect of any such Redemption by delivery of
purchased Class A Common Stock (which may or may not be held in the treasury of PubCo). PubCo shall use its commercially reasonable efforts to list the Class A Common Stock required to be delivered upon any such Redemption prior to such
delivery upon each national securities exchange upon which the outstanding shares of Class A Common Stock are listed at the time of such Redemption (it being understood that any such shares may be subject to Transfer restrictions under
applicable securities Laws). PubCo covenants that all Class A Common Stock issued upon a Redemption in which a Share Settlement is made will, upon issuance, be validly issued, fully paid and
non-assessable. The provisions of this Article IX shall be interpreted and applied in a manner consistent with any corresponding provisions of PubCo’s certificate of incorporation (if any). 

(b) PubCo agrees that it has taken all or will take such steps as may be required to cause to qualify for exemption under Rule 16b-3(d) or (e), as applicable, under the Exchange Act, and to be exempt for purposes of Section 16(b) under the Exchange Act, any acquisitions from, or dispositions to, PubCo of equity securities of PubCo
(including derivative securities with respect thereto) and any securities that may be deemed to be equity securities or derivative securities of PubCo for such purposes that result from the transactions contemplated by this Agreement, by each
officer or director of PubCo. The authorizing resolutions shall be approved by either PubCo’s board of directors or a committee composed solely of two or more Non-Employee Directors (as defined in Rule 16b-3) of PubCo. By including this covenant, it is the intention of the board that all such transactions be exempt. 

Section 9.04 Effect of Exercise of Redemption or Exchange. This Agreement shall continue notwithstanding the consummation of a
Redemption or Exchange and all other rights set forth herein shall be exercised by the remaining Members and the Redeeming Member or the Exchanging Member (to the extent of such Redeeming Member’s or Exchanging Member’s remaining interest
in the Company). No Redemption shall relieve such Redeeming Member of any prior breach of this Agreement. 
 Section 9.05 Tax
Treatment. Unless otherwise required by applicable Law, the parties hereto acknowledge and agree that any Redemption and any Exchange shall be treated as a direct exchange of shares of Class A Common Stock (or cash) for Units between PubCo
(or one of its wholly-owned Subsidiaries, pursuant to Section 9.01(c)) and the Redeeming Member for U.S. federal and applicable state and local income tax purposes. 

Section 9.06 Other Redemption and Exchange Matters. 

(a) Each Redemption shall be deemed to be effective immediately prior to the close of business on the Redemption Date, and, in the case of a
Share Settlement, the Redeeming Member (or other Person(s) whose name or names in which the Share Settlement is to be issued) shall be deemed to be a holder of the Equity Securities issued in such Share Settlement, from and after that time, until
such Equity Securities have been disposed of. As promptly as practicable on or after the Redemption Date, PubCo shall deliver or cause to be delivered to the Redeeming Member (or other Person(s) whose name or names in which the Share Settlement is
to be issued as directed by the Redeeming Member) the number of the Share Settlement deliverable 

  
 50 

 
upon such Redemption, registered in the name of such Redeeming Member (or other Person(s) whose name or names in which the Share Settlement is to be issued as directed by the Redeeming Member).
To the extent the Share Settlement is settled through the facilities of The Depository Trust Company, PubCo will, subject to Section 9.06(c), upon the written instruction of a Redeeming Member, deliver or cause to be
delivered the shares of the Share Settlement deliverable to such Redeeming Member (or other Person(s) whose name or names in which the Share Settlement is to be issued as directed by the Redeeming Member), through the facilities of The Depository
Trust Company, to the account of the participant of The Depository Trust Company designated by such Redeeming Member. 
 (b) Subject to
Section 9.06(c), the shares of the Share Settlement issued upon a Redemption shall bear a legend in substantially the following form: 

THE TRANSFER OF THESE SECURITIES HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR UNDER THE SECURITIES LAWS OF ANY OTHER JURISDICTION,
AND MAY NOT BE SOLD OR TRANSFERRED OTHER THAN IN ACCORDANCE WITH THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT OF 1933, AS AMENDED (OR OTHER APPLICABLE LAW), OR AN EXEMPTION THEREFROM. 

(c) If any shares issued upon a Redemption involving a Share Settlement are (i) effectively registered under the Securities Act,
(ii) in the opinion of other counsel reasonably acceptable to PubCo, no longer required to bear the legend set forth in Section 9.06(b) to assure compliance by PubCo with the Securities Act or (iii) Transferable
under paragraph (b)(1) of Rule 144, upon the written request of the Redeeming Member thereof, PubCo or its agent shall promptly provide such Redeeming Member or its respective Transferees, without any expense to such Persons (other than applicable
transfer taxes and similar governmental charges, if any) with new certificates (or evidence of book-entry share) for the applicable securities not bearing the provisions of the legend with respect to which the restriction has terminated. In
connection therewith, such Redeeming Member shall provide PubCo with such information in its possession as PubCo may reasonably request in connection with the removal of any such legend. 

(d) PubCo shall bear all of its own expenses in connection with the consummation of any Redemption, whether or not any such Redemption is
ultimately consummated, including any transfer taxes, stamp taxes or duties, or other similar taxes in connection with, or arising by reason of, any Redemption; provided, however, that if any of the Share Settlement is to be delivered
in a name other than that of the Redeeming Member that requested the Redemption (or The Depository Trust Company or its nominee for the account of a participant of The Depository Trust Company that will hold the shares for the account of such
Redeeming Member), then such Redeeming Member and/or the Person in whose name such shares are to be delivered shall pay to PubCo the amount of any transfer taxes, stamp taxes or duties, or other similar taxes in connection with, or arising by reason
of, such Redemption or shall establish to the reasonable satisfaction of PubCo that such tax has been paid or is not payable. Except as otherwise may separately be agreed by the Company, the Redeeming Member shall bear all of its own expenses in
connection with the consummation of any Redemption (including, for the avoidance of doubt, expenses incurred by such Redeeming Member in connection with any Redemption that are invoiced to the Company). 

  
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 (e) Notwithstanding anything to the contrary contained herein, any Exchange by a Service
Provider Member shall be conditioned upon such Service Provider Member’s execution and delivery of a general release of claims against the Company in a form provided by the Company. 

ARTICLE X 
 CERTAIN OTHER MATTERS

 Section 10.01 PubCo Change of Control; PubCo Approved Recap Transaction. 

(a) In connection with a PubCo Approved Change of Control, the Managing Member shall have the right, in its sole discretion, to require each
Member to effect an Exchange of all of such Member’s vested Management Incentive Units (if any) pursuant to Section 9.02 and, thereafter, a Redemption of all or a portion of such Member’s and all other
Members’ Units (including, but not limited to, any New Class A Units received by such Member pursuant to such Exchange and any other Class A Units otherwise held by such Members) together with a number of shares of Class B Common
Stock corresponding to such Class A Units (to the extent such Members own shares of Class B Common Stock), pursuant to which such Units and such shares of Class B Common Stock will be exchanged for shares of Class A Common Stock
(or economically equivalent cash or securities of a successor entity), mutatis mutandis, in accordance with the Redemption provisions of Article IX (applied for this purpose as if PubCo had delivered an Election Notice that specified a
Share Settlement with respect to such exchanges) and otherwise in accordance with this Section 10.01. Any such exchange pursuant to this Section 10.01(a) shall be effective immediately prior to the
consummation of the PubCo Approved Change of Control (and, for the avoidance of doubt, shall not be effective if such PubCo Approved Change of Control is not consummated) (the date of such exchange, the “Change of Control Exchange
Date”). From and after the Change of Control Exchange Date, (i) the Units and any shares of Class B Common Stock subject to such exchange shall be deemed to be Transferred to PubCo on the Change of Control Exchange Date and
(ii) each such Member shall cease to have any rights with respect to the Units and any shares of Class B Common Stock subject to such exchange (other than the right to receive shares of Class A Common Stock (or economically equivalent
cash or equity securities in a successor entity) pursuant to such exchange). PubCo shall provide written notice of an expected PubCo Approved Change of Control to all Members within the earlier of (x) five (5) Business Days following the
execution of an agreement with respect to such PubCo Approved Change of Control and (y) ten (10) Business Days before the proposed date upon which the contemplated PubCo Approved Change of Control is to be effected, including in such notice
such information as may reasonably describe the PubCo Approved Change of Control transaction, subject to Law, including the date of execution of such agreement or such proposed effective date, as applicable, the amount and types of consideration to
be paid for shares of Class A Common Stock in the PubCo Approved Change of Control, any election with respect to types of consideration that a holder of shares of Class A Common Stock, as applicable, shall be entitled to make in connection
with such PubCo Approved Change of Control (which election shall be available to each Member on the same terms as holders of shares of Class A Common Stock). Following delivery of such notice and on or prior to the Change of Control Exchange
Date, the Members shall take all actions reasonably requested by PubCo to effect such exchange, including taking any action and delivering any document required pursuant to this Section 10.01 to effect such exchange. 

  
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 (b) In the event that a tender offer, share exchange offer, issuer bid, take-over bid,
recapitalization or similar transaction with respect to all or any portion of shares of PubCo’s issued and outstanding Class A Common Stock is proposed by PubCo or PubCo’s stockholders and approved by the PubCo board of directors, or
is otherwise consented to or approved by the PubCo board of directors (a “PubCo Approved Recap Transaction”), PubCo shall provide written notice of the PubCo Approved Recap Transaction to all Members within the earlier of
(i) five (5) Business Days following the execution of an agreement (if applicable) with respect to, or the commencement of (if applicable), such PubCo Approved Recap Transaction and (ii) ten (10) Business Days before the proposed date upon
which the PubCo Approved Recap Transaction is to be effected, including in such notice such information as may reasonably describe the PubCo Approved Recap Transaction, subject to Law, including the date of execution of such agreement (if
applicable) or of such commencement (if applicable), the material terms of such PubCo Approved Recap Transaction, including the amount and types of consideration to be received by holders of shares of Class A Common Stock in the PubCo Approved
Recap Transaction, any election with respect to types of consideration that a holder of shares of Class A Common Stock shall be entitled to make in connection with such PubCo Approved Recap Transaction, and the number of Units (and the
corresponding shares of Class B Common Stock) held by such Member that is applicable to such PubCo Approved Recap Transaction. The Members shall be permitted to participate in such transaction by delivering a written notice of participation
that is effective immediately prior to the consummation of such transaction (and that is contingent upon consummation of such transaction), and shall include such information necessary for consummation of such transaction as requested by PubCo. In
the case of any PubCo Approved Recap Transaction that was initially proposed by PubCo, PubCo shall use reasonable best efforts to enable and permit the Members (other than the Managing Member) to participate in such transaction to the same extent or
on an economically equivalent basis as the holders of shares of Class A Common Stock, and to enable such Members to participate in such transaction without being required to exchange Units or shares of Class B Common Stock in connection
therewith. 
 ARTICLE XI 
 
LIMITATION ON LIABILITY, EXCULPATION 
 AND INDEMNIFICATION 

Section 11.01 Limitation on Liability. 

(a) Except as otherwise provided by the Delaware Act, the debts, expenses, obligations and liabilities of the Company, whether arising in
contract, tort or otherwise, will be solely the debts, expenses, obligations and liabilities of the Company, and no Member or Indemnified Person will be obligated personally for any such debt, expense, obligation or liability of the Company solely
by reason of being a Member or Indemnified Person. All Persons dealing with the Company will have recourse solely to the assets of the Company for the payment of the debts, expenses, obligations or liabilities of the Company. In no event will any
Member be required to make up any deficit balance in such Member’s Capital Account upon the liquidation of such Member’s interest in the Company or otherwise. 

  
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 (b) Except as expressly set forth in this Agreement or as otherwise expressly required by
Law, a Member, in such capacity, shall have no liability for obligations or liabilities of the Company in excess of (a) the amount of Capital Contributions made or required to be made by such Member, (b) such Member’s share of any
assets and undistributed profits of the Company and (c) to the extent required by Law or this Agreement, the amount of any amounts wrongfully distributed to such Member. Except as expressly set forth in this Agreement or as otherwise required
by Law, upon an insolvency of the Company, no Member shall be obligated by this Agreement to return any distribution to the Company or pay the amount of any distribution for the account of the Company or to any creditor of the Company;
provided, however, that if any court of competent jurisdiction holds that, notwithstanding this Agreement, any Member is obligated to return or pay any part of any distribution, such obligation shall bind such Member alone and not any
other Member (including the Managing Member); and provided, further, that if any Member is required to return all or any portion of any distribution under circumstances that are not unique to such Member but that would have been
applicable to all Member if such Member had been named in the lawsuit against the Member in question (such as where a distribution was made to all Members and rendered the Company insolvent, but only one Member was sued for the return of such
distribution), the Member that was required to return or repay the distribution (or any portion thereof) shall be entitled to reimbursement from the other Members that were not required to return the distributions made to them based on each such
Member’s share of the distribution in question. The provisions of the immediately preceding sentence are solely for the benefit of the Members and shall not be construed as benefiting any third party. The amount of any distribution returned to
the Company by a Member or paid by a Member for the account of the Company or to a creditor of the Company shall be added to the account or accounts from which it was subtracted when it was distributed to such Member. 

Section 11.02 Exculpation and Indemnification. 

(a) Indemnification Rights. 

(i) General. The Company shall indemnify, defend and hold harmless the TPG Member, the Intel Member, the TB Member, the Managing
Member, all former members of the board of managers of the Company, the Company Representative (in such Company Representative’s capacity as such), to the extent applicable, each such Person’s officers, directors, partners, members,
shareholders, and employees, and the officers of PubCo, the Company and their respective Subsidiaries who are designated as such in a written resolution (all such persons being referred to herein as “Indemnified Persons”), who is or
was a party, witness or other participant, or is threatened or proposed to be made a party, witness or other participant, in any actual, threatened, pending or complete action, suit, proceeding, demand or investigation, whether civil, criminal,
administrative, investigative, or an alternative dispute resolution proceeding by reason of the fact that such Indemnified Person is or was a Member, the Managing Member, the Company Representative (in such Company Representative’s capacity as
such), an officer of the Company or an officer, manager, partner, member, shareholder or employee of such Indemnified Person, or by reason of the fact that such Indemnified Person is or was serving at the request of the Company as a manager, member
of any board of managers, tax matters member, company representative, director, officer or partner of another corporation, limited liability company, partnership, trust, plan or other organization or enterprise, from and against all expenses
(including attorneys’ and experts’ fees and expenses), judgments, fines and amounts paid in 

  
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settlement actually and reasonably incurred by such Indemnified Person in connection with such action, suit, proceeding, demand or investigation to the maximum extent a Delaware corporation would
be permitted to indemnify such Indemnified Persons if the Company was a Delaware corporation and such individual was a member of such corporation’s board of directors. Notwithstanding anything to the contrary herein, nothing in this
Section 11.02 shall require the Company to indemnify any Person in connection with any action, suit, proceeding, claim or counterclaim initiated by or on behalf of such Person, other than an action approved by (i) the
Managing Member, (ii) only if in connection with any action, suit, proceeding, claim or counterclaim initiated by or on behalf of by or on behalf of TPG Member or any of its Affiliates, the Intel Member and (iii) only if in connection with
any action, suit, proceeding, claim or counterclaim initiated by or on behalf of by or on behalf of Intel Member or any of its Affiliates, the TPG Member. 

(ii) Indemnification Priority. 

(A) The Company hereby acknowledges that the rights to indemnification, advancement of expenses and/or insurance provided
pursuant to this Section 11.02 may also be provided to certain Indemnified Persons by one or more of their respective Affiliates (other than the Company and its Subsidiaries) or their insurers (collectively, and including,
in the case of the TPG Member and the TB Member, the TPG Member, the TB Member, TPG and TB each of their respective partners, shareholders, members, Affiliates, associated investment funds, directors, officers, fiduciaries, managers, controlling
Persons, employees and agents and each of the partners, shareholders, members, Affiliates, associated investment funds, directors, officers, fiduciaries, managers, controlling Persons, employees and agents of each of the foregoing, the
“Affiliate Indemnitors” ). The Company hereby agrees that, as between the Company, on the one hand, and the Affiliate Indemnitors, on the other hand, (i) the Company is the full indemnitor of first resort and the Affiliate
Indemnitors are the full indemnitors of second resort with respect to all such indemnifiable claims against such Indemnified Persons, whether arising under this Agreement or otherwise (i.e., the obligations of the Company to such Indemnified Persons
are primary and any obligation of the Affiliate Indemnitors to advance expenses or to provide indemnification for the same expenses or liabilities incurred by such Indemnified Persons are secondary), (ii) upon receipt by the Company of an
undertaking by or on behalf of such Indemnified Persons to repay such amount if it shall be determined that the Covered Person is not entitled to be indemnified as authorized by this Section 11.02 or otherwise, the Company
shall be required to advance the full amount of expenses incurred by such Indemnified Persons and shall be liable for the full amount of all expenses, judgments, penalties, fines and amounts paid in settlement to the extent legally permitted and as
required by the terms of this Agreement (or any other agreement between the Company and such Indemnified Persons), without regard to any rights such Indemnified Persons may have against the Affiliate Indemnitors and (iii) the Company
irrevocably waives, relinquishes and releases the Affiliate Indemnitors from any and all claims against the Affiliate Indemnitors for contribution, subrogation or any other recovery of any kind in respect thereof. The Company agrees to indemnify the
Affiliate Indemnitors directly for any amounts that the Affiliate Indemnitors pay as indemnification or advancement on behalf of any such Indemnified Person and for which such Indemnified Person may be entitled to indemnification from the Company in
connection with serving 

  
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as a director or officer (or equivalent titles) of the Company or its Subsidiaries. The Company further agrees that no advancement or payment by the Affiliate Indemnitors on behalf of any such
Indemnified Person with respect to any claim for which such Indemnified Person has sought indemnification from the Company shall affect the foregoing and the Affiliate Indemnitors shall be subrogated to the extent of such advancement or payment to
all of the rights of recovery of such Indemnified Person against the Company, and the Company shall cooperate with the Affiliate Indemnitors in pursuing such rights. 

(B) Except as provided in Section 11.02(a)(ii)(A) above, in the event of any payment by the
Company of indemnifiable expenses, judgments, fines and amounts paid in settlement actually and reasonably incurred by such Indemnified Person in connection with such action, suit, proceeding, demand or investigation pursuant to
Section 11.02(a), the Company shall be subrogated to the extent of such payment to all of the rights of contribution or recovery of the Indemnified Persons against other Persons (other than the Affiliate Indemnitors), and
the Indemnified Person shall take, at the request of the Company, all reasonable action necessary to secure such rights, including the execution of such documents as are necessary to enable the Company to bring suit to enforce such rights. 

(iii) Third-Party Indemnification. The Company may make, execute, record and file on its own behalf and on behalf of each Member all
instruments and other documents (including one or more deeds poll in favor of the persons to whom the benefit of the exculpation and indemnification provisions of this Agreement are intended (the “Covered Persons”) and/or one or
more separate indemnification agreements between the Managing Member, the Company, each Member (as applicable) and individual Covered Persons) that the Managing Member deems necessary or appropriate in order to extend the benefit of the exculpation
and indemnification provisions of this Agreement to the Covered Persons; provided, that such other instruments and documents authorized hereunder shall be on the same terms as provided for in this Agreement except as otherwise may be required
by applicable Law. 
 (b) Exculpation. No Indemnified Person will be liable, for damages or otherwise, to the Company or to any Member
for any loss that arises out of any act performed or omitted to be performed by it, him or her, in its, his or her capacity as such, to the maximum extent a Delaware corporation would be permitted to exculpate such Indemnified Person if the Company
was a Delaware corporation and such individual was a member of such corporation’s board of directors; provided that notwithstanding anything to the contrary contained in this Section 11.02, a Covered Person
shall be liable for any such loss, liability, damage or claim arising out of acts or omissions by such Covered Person that constitute “Cause” (as defined in a written agreement applicable to any such Indemnified Person who is an employee
of PubCo, the Company or any of their respective Subsidiaries) or that involve intentional misconduct or a knowing violation of Law. In performing his, her or its duties, each Indemnified Person shall be entitled to rely in good faith on the
provisions of this Agreement and on information, opinions, reports or statements (including financial statements and information, opinions, reports or statements as to the value or amount of the assets, liabilities, profits or losses of the Company
or any facts pertinent to the existence and amount of assets from which distributions to Members might properly be paid) of the following other persons or groups: the Managing Member, officers or employees of PubCo, the Company

  
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and their respective Subsidiaries; any attorney, independent accountant, appraiser or other expert or professional employed or engaged by or on behalf of the Company or such Managing Member or
officer; or any other person who has been selected with reasonable care by or on behalf of the Company or such Managing Member or officer; in each case as to matters which such relying person reasonably believes to be within such other person’s
competence. For the avoidance of doubt, this Section 11.02(b) shall not exculpate, indemnify, or otherwise protect a Member from a breach of this Agreement by such Member or any other agreement between such Member and the
Company, any Affiliates of the Company, or any other Member. 
 (c) Persons Entitled to Indemnity. Any Person who is within the
definition of “Indemnified Person” at the time of any action or inaction in connection with the activities of the Company shall be entitled to the benefits of this Section 11.02 as an “Indemnified
Person” with respect thereto, regardless of whether such Person continues to be within the definition of “Indemnified Person” at the time of such Indemnified Person’s claim for indemnification or exculpation hereunder. The right
to indemnification and the advancement of expenses conferred in this Section 11.02 shall not be exclusive of any other right which any Person may have or hereafter acquire under any statute, agreement, by Law, decision of
the Managing Member or otherwise. If this Section 11.02 or any portion hereof shall be invalidated on any ground by any court of competent jurisdiction, then the Company shall nevertheless indemnify and hold harmless each
Indemnified Person pursuant to this Section 11.02 to the fullest extent permitted by any applicable portion of this Section 11.02 that shall not have been invalidated and to the fullest extent
permitted by applicable Law. 
 (d) Procedure Agreements. The Company may enter into an agreement with any Indemnified Person
setting forth procedures consistent with applicable Law for implementing the indemnities provided in this Section 11.02. 

(e) Reliance, etc. Notwithstanding any other provision of this Agreement, an Indemnified Person or Exempted Person acting under
this Agreement shall not be liable to the Company or to any other Indemnified Person for its, his or her good faith reliance on the provisions of this Agreement. Whenever in this Agreement any Member (in each case, other than the Managing Member or
any Person who is also an officer or employee of the Company or any of its Subsidiaries) is permitted or required to make a decision (i) in its, his or her discretion or under a grant of similar authority, he, she or it shall be entitled to
consider only such interests and factors as such Indemnified Person desires, including its, his or her own and its, his or her Affiliates’ interests, and shall, to the fullest extent permitted by applicable Law, have no duty or obligation to
give any consideration to any interest of or factors affecting the Company, any Member or any other Person, or (ii) in its, his or her good faith or under another express standard, he, she or it shall act under such express standard and shall
not be subject to any other or different standards; provided, further, that, for the avoidance of doubt, the Managing Member shall not take any actions in contravention of its duties set forth in Article VII. 

  
 57 

 ARTICLE XII 

DISSOLUTION AND TERMINATION 

Section 12.01 Dissolution. 

(a) The Company shall not be dissolved by the admission of Additional Members or Substitute Members pursuant to
Section 3.02 or Section 8.03, respectively. 
 (b) No Member shall (i) resign from
the Company prior to the dissolution and winding up of the Company except in connection with a Transfer, Redemption or Exchange of Units pursuant to the terms of this Agreement or (ii) take any action to dissolve, terminate or liquidate the
Company or to require apportionment, appraisal or partition of the Company or any of its assets, or to file a bill for an accounting, except as specifically provided in this Agreement, and each Member, to the fullest extent permitted by Law, hereby
waives any rights to take any such actions under Law, including any right to petition a court for judicial dissolution under Section 18-802 of the Delaware Act. 

(c) The Company shall be dissolved and its business wound up only upon the earliest to occur of any one of the following events (each a
“Dissolution Event”): 
 (i) the expiration of forty-five (45) days after the consummation of the sale or other
disposition of all or substantially all the assets of the Company; 
 (ii) upon the prior written approval of the Managing Member, the TPG
Member and the Intel Member; or 
 (iii) the entry of a decree of judicial dissolution under
Section 18-802 of the Delaware Act, in contravention of this Agreement. 
 The Members hereby
agree that the Company shall not dissolve prior to the occurrence of a Dissolution Event and that no Member shall seek a dissolution of the Company, under Section 18-802 of the Delaware Act or otherwise,
other than based on the matters set forth in subsections (i), (ii) and (iii) above. If it is determined by a court of competent jurisdiction that the Company has dissolved prior to the occurrence of a Dissolution Event, the Members hereby agree
to continue the business of the Company without a Liquidation. 
 (d) The death, retirement, resignation, expulsion, bankruptcy, insolvency
or dissolution of a Member or the occurrence of any other event that terminates the continued membership of a Member of the Company shall not in and of itself cause dissolution of the Company. 

Section 12.02 Winding Up of the Company. 

(a) The Managing Member shall promptly notify the other Members of any Dissolution Event. Upon dissolution, the Company’s business shall
be liquidated in an orderly manner. The Managing Member shall appoint a liquidating trustee to wind up the affairs of the Company pursuant to this Agreement. In performing its duties, the liquidating trustee is authorized to sell, distribute,
exchange or otherwise dispose of the assets of the Company in accordance with the Delaware Act and in any reasonable manner that the liquidating trustee shall determine to be in the best interest of the Members. 

(b) The proceeds of the liquidation of the Company shall be distributed in the following order and priority: 

  
 58 

 (i) first, to the creditors (including any Members or their respective Affiliates
that are creditors (except any obligations to the Members in respect of their Capital Accounts) of the Company in satisfaction of all of the Company’s liabilities (whether by payment or by making reasonable provision for payment thereof,
including the setting up of any reserves which are, in the judgment of the liquidating trustee, reasonably necessary therefor); and 
 (ii)
second, to the Members in the same manner as distributions under Section 5.03(b), subject to Section 5.03(e). 

(c) Distribution of Property. In the event it becomes necessary in connection with the Liquidation to make a distribution of Property in-kind, subject to the priority set forth in Section 12.02(b), the liquidating trustee shall have the right to compel each Member, treating each such Member in a substantially similar
manner, to accept a distribution of any Property in-kind (with such Property, as a percentage of the total liquidating distributions to such Member), corresponding as nearly as possible to the distributions
such Member would receive under Section 12.02(b) with such distribution being based upon the amount of cash that would be distributed to such Members if such Property were sold for an amount of cash equal to the fair market
value of such Property, as determined by the liquidating trustee in good faith. 
 Section 12.03 Termination. The Company shall
terminate when all of the assets of the Company, after payment of or reasonable provision for the payment of all debts and liabilities of the Company, shall have been distributed to the Members in the manner provided for in this Article XII,
and the Certificate shall have been cancelled in the manner required by the Delaware Act. 
 Section 12.04 Survival. 

(a) Termination, dissolution or Liquidation of the Company for any reason shall not release any party from any liability which at the time of
such termination, dissolution or Liquidation already had accrued to any other party or which thereafter may accrue in respect to any act or omission prior to such termination, dissolution or Liquidation. 

(b) The rights of the TPG Member and the Intel Member (in their capacity as such) to consent or withhold consent to any action under this
Agreement shall not survive the TPG Member or Intel Member ceasing to be a Member, except with respect to the consent rights under Section 6.01(b). 

ARTICLE XIII 
 MISCELLANEOUS 

Section 13.01 Expenses. All costs and expenses incurred in connection with this Agreement and the transactions contemplated hereby
shall be paid by the party incurring such cost or expense. 
 Section 13.02 Further Assurances. Each Member agrees to execute,
acknowledge, deliver, file and record such further certificates, amendments, instruments and documents, and to do all such other acts and things, as may be required by Law or as, in the reasonable judgment of the Managing Member, may be necessary or
advisable to carry out the intent and purposes of this Agreement. 

  
 59 

 Section 13.03 Notices. Any notices, requests, demands and other
communications required or permitted in this Agreement shall be effective if in writing and (i) delivered personally, (ii) sent by facsimile or e-mail, or (iii) sent by overnight courier, in
each case, addressed as follows: 
 if to the Company or to PubCo, to: 

c/o McAfee Corp. 
 2821 Mission
College Blvd. 
 Santa Clara, CA 95054 

Attention: Sayed Darwish 
 E-mail: Sayed_Darwish@McAfee.com 
 with a copy (which shall not constitute notice) to: 

Ropes & Gray LLP 
 3
Embarcadero Center 
 San Francisco, California 94111 

Attention: Thomas Holden and Michael Roh 

Facsimile: (415) 315-4823 

E-mail: thomas.holden@ropesgray.com; michael.roh@ropesgray.com 

If to the TPG Member, to: 
 TPG Global, LLC 

301 Commerce Street, Suite 3300 

Fort Worth, Texas 76102 

Attention: General Counsel 

Facsimile: (415) 743-1501 

E-mail: officeofgeneralcounsel@tpg.com 

with a copy (which shall not constitute notice) to: 

Ropes & Gray LLP 
 3
Embarcadero Center 
 San Francisco, California 94111 

Attention: Thomas Holden and Michael Roh 

Facsimile: (415) 315-4823 

E-mail: thomas.holden@ropesgray.com; michael.roh@ropesgray.com 

if to Intel, to: 
 Intel Corporation 

2200 Mission College Boulevard 

Santa Clara, California 95054 

Attention: Patrick Bombach and Benjamin A. Olson 

Facsimile: (408) 653-9098 

E-mail: patrick.bombach@intel.com and benjamin.a.olson@intel.com 

  
 60 

 with a copy (which shall not constitute notice) to: 

Skadden, Arps, Slate, Meagher & Flom LLP 

525 University Avenue, Suite 1400 

Palo Alto, California 
 Attention:
Gregg Noel and Amr Razzak 
 Facsimile: (213) 621-5234 

E-mail: gregg.noel@skadden.com and amr.razzak@skadden.com 

if to TB, to: 
 c/o Thoma Bravo, LP 

600 Montgomery Street, 20th Floor 

San Francisco, California 94111 

Attention: Seth Boro and Chip Virnig 

Facsimile: (415) 392-6480 

Email: sboro@thomabravo.com and cvirnig@thomabravo.com 

with a copy (which shall not constitute notice) to: 

Kirkland & Ellis LLP 

300 North LaSalle Drive 
 Chicago,
Illinois 60654 
 Attention: Gerald T. Nowak, P.C., Corey D. Fox, P.C. and Bradley C. Reed, P.C. 

Facsimile: (312) 862-2200 

E-mail: gerald.nowak@kirkland.com, corey.fox@kirkland.com and bradley.reed@kirkland.com 

Unless otherwise specified herein, such notices or other communications shall be deemed effective (i) on the date received, if personally delivered,
(ii) on the date received if delivered by facsimile or e-mail on a Business Day, or if not delivered on a Business Day, on the first Business Day thereafter and (iii) one Business Day after being
sent by overnight courier. Each of the parties hereto shall be entitled to specify a different address by giving notice as aforesaid to each of the other parties hereto. 

Section 13.04 Binding Effect; Benefit; Assignment. 

(a) The provisions of this Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors
and assigns. No provision of this Agreement is intended to confer any rights, benefits, remedies, obligations or liabilities hereunder upon any Person other than the parties hereto and their respective successors and assigns. 

  
 61 

 (b) Except as provided in Article VIII, no Member may assign, delegate or otherwise
Transfer any of its rights or obligations under this Agreement without the consent of the Managing Member. 
 Section 13.05 Consent
to Jurisdiction. Each party to this Agreement, by its execution hereof, (i) hereby irrevocably submits to the exclusive jurisdiction of the Delaware Court of Chancery within New Castle County in in the State of Delaware (or, solely if the
Delaware Court of Chancery within New Castle County in the State of Delaware declines jurisdiction, the Complex Commercial Litigation Division of the Delaware Superior Court, New Castle County, or solely if such court declines jurisdiction, the
United States District Court for the District of Delaware) for the purpose of any action, claim, cause of action or suit (in contract, tort or otherwise), inquiry, proceeding or investigation arising out of or based upon this Agreement or relating
to the subject matter hereof, (ii) hereby waives to the extent not prohibited by applicable Law, and agrees not to assert, and agrees not to allow any of its Subsidiaries to assert, by way of motion, as a defense or otherwise, in any such
action, any claim that it is not subject personally to the jurisdiction of the above-named courts, that its property is exempt or immune from attachment or execution, that any such proceeding brought in one of the above-named courts is improper, or
that this Agreement or the subject matter hereof or thereof may not be enforced in or by such court and (iii) hereby agrees not to commence or maintain any action, claim, cause of action or suit (in contract, tort or otherwise), inquiry,
proceeding or investigation arising out of or based upon this Agreement or relating to the subject matter hereof or thereof other than before one of the above-named courts nor to make any motion or take any other action seeking or intending to cause
the transfer or removal of any such action, claim, cause of action or suit (in contract, tort or otherwise), inquiry, proceeding or investigation to any court other than one of the above-named courts whether on the grounds of inconvenient forum or
otherwise. Notwithstanding the foregoing, to the extent that any party hereto is or becomes a party in any litigation in connection with which it may assert indemnification rights set forth in this Agreement, the court in which such litigation is
being heard shall be deemed to be included in clause (i) above. Notwithstanding the foregoing, any party to this Agreement may commence and maintain an action to enforce a judgment of any of the above-named courts in any court of competent
jurisdiction. Each party hereto hereby consents to service of process in any such proceeding in any manner permitted by Delaware law, and agrees that service of process by registered or certified mail, return receipt requested, at its address
specified pursuant to Section 13.03 hereof is reasonably calculated to give actual notice. 
 Section 13.06
WAIVER OF JURY TRIAL. TO THE EXTENT NOT PROHIBITED BY APPLICABLE LAW THAT CANNOT BE WAIVED, EACH PARTY HERETO HEREBY WAIVES, AND COVENANTS THAT IT WILL NOT ASSERT (WHETHER AS PLAINTIFF, DEFENDANT OR OTHERWISE), ANY RIGHT TO TRIAL BY JURY IN
ANY FORUM IN RESPECT OF ANY ISSUE OR ACTION, CLAIM, CAUSE OF ACTION OR SUIT (IN CONTRACT, TORT OR OTHERWISE), INQUIRY, PROCEEDING OR INVESTIGATION ARISING OUT OF OR BASED UPON THIS AGREEMENT OR THE SUBJECT MATTER HEREOF OR IN ANY WAY CONNECTED WITH
OR RELATED OR INCIDENTAL TO THE DEALINGS OF ANY MEMBER IN CONNECTION WITH ANY OF THE ABOVE, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING 

  
 62 

 
AND WHETHER IN CONTRACT, TORT OR OTHERWISE. EACH PARTY HERETO ACKNOWLEDGES THAT IT HAS BEEN INFORMED BY THE OTHER PARTIES HERETO THAT THIS SECTION 13.06 CONSTITUTES A MATERIAL
INDUCEMENT UPON WHICH IT IS RELYING AND WILL RELY IN ENTERING INTO THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED HEREBY. ANY PARTY HERETO MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS SECTION 13.06 WITH ANY COURT AS WRITTEN EVIDENCE
OF THE CONSENT OF EACH SUCH PARTY TO THE WAIVER OF ITS RIGHT TO TRIAL BY JURY. 
 Section 13.07 Remedies. The parties to
this Agreement shall have all remedies available at law, in equity or otherwise in the event of any breach or violation of this Agreement or any default hereunder. The parties acknowledge and agree that in the event of any breach of this Agreement,
in addition to any other remedies that may be available, each of the parties hereto shall be entitled to injunctive relief, including specific performance of the obligations of the other parties hereto, without the posting of any bond, and, in
addition, to such other equitable remedies (including preliminary or temporary relief) as may be appropriate in the circumstances. If any action should be brought in equity to enforce any of the provisions of this Agreement, none of the parties
shall raise the defense that there is an adequate remedy at law. No delay of or omission in the exercise of any right, power or remedy accruing to any party as a result of any breach or default by any other party under this Agreement shall impair
any such right, power or remedy, nor shall it be construed as a waiver of or acquiescence in any such breach or default, or of any similar breach or default occurring later; nor shall any such delay, omission nor waiver of any single breach or
default be deemed a waiver of any other breach or default occurring before or after that waiver. 
 Section 13.08 Counterparts.
This Agreement may be executed in any number of separate counterparts each of which when so executed shall be deemed to be an original and all of which together shall constitute one and the same agreement. Counterpart signature pages to this
Agreement may be delivered by facsimile or electronic delivery (i.e., by email of a PDF signature page) and each such counterpart signature page will constitute an original for all purposes. 

Section 13.09 Entire Agreement; Amendment. 

(a) This Agreement and the Transaction Documents set forth the entire understanding and agreement among the parties with respect to the
transactions contemplated herein and supersedes and replaces any prior understanding, agreement or statement of intent, in each case written or oral, of any kind and every nature with respect hereto. For the avoidance of doubt, to the extent the Tax
Receivable Agreement imposes obligations on the Company or the parties hereto, the Tax Receivable Agreement shall be treated by the Company and the parties hereto as part of this Agreement as described in Section 761 of the Code and Treasury
Regulations Sections 1.704-1(b)(2)(ii)(h) and 1.761-1(c). 

(b) This Agreement or any provision hereof may be modified, amended or supplemented by written action of the Managing Member; provided,
that this Agreement or any provision hereof may not be modified, amended or supplemented (i) without the prior written consent of the TPG Member and the Intel Member to the extent such Person, directly or indirectly, has an ownership interest
in Units or Interests in the Company, (ii) in any way that is adverse to or disproportionately impacts the TB Member without the TB Member’s prior written consent, 

  
 63 

 
(iii) in any way that would affect any class of Units in a manner materially and disproportionately adverse to any other class of Units in existence immediately prior to such amendment without
the prior written consent of the Members, not to be unreasonably withheld or delayed, that hold at least a majority of such class of Units so materially adversely and disproportionately affected, (iv) in any way that would affect any Units in a
manner materially and disproportionately adverse to other Units of the same class in existence immediately prior to such amendment without the prior written consent of the Members, not to be unreasonably withheld or delayed, that hold at least a
majority of such Units so materially adversely and disproportionately affected. 
 (c) No waiver of any provision or default under, nor
consent to any exception to, the terms of this Agreement or any agreement contemplated hereby shall be effective unless in writing and signed and delivered by the party to be bound and then only to the specific purpose, extent and instance so
provided. The waiver by any party hereto of a breach of any provision of this Agreement shall not operate or be construed as a further or continuing waiver of such breach or as a waiver of any other or subsequent breach. Except as otherwise
expressly provided herein, no failure on the part of any party to exercise, and no delay in exercising, any right, power or remedy hereunder, or otherwise available in respect hereof at law or in equity, shall operate as a waiver thereof, nor shall
any single or partial exercise of such right, power or remedy by such party preclude any other or further exercise thereof or the exercise of any other right, power or remedy. 

Section 13.10 Severability. In the event that any provision hereof would, under applicable law, be invalid, illegal or
unenforceable in any respect, such provision shall be construed by modifying or limiting it so as to be valid, legal and enforceable to the maximum extent compatible with, and possible under, applicable law. The provisions hereof are severable, and
in the event any provision hereof should be held invalid or unenforceable in any respect, it shall not invalidate, render unenforceable or otherwise affect any other provision hereof. 

Section 13.11 Governing Law. This Agreement and all claims arising out of or based upon this Agreement or relating to the subject
matter hereof shall be governed by and construed in accordance with the domestic substantive laws of the State of Delaware without giving effect to any choice or conflict of laws provision or rule that would cause the application of the domestic
substantive laws of any other jurisdiction. 
 Section 13.12 No Presumption. With regard to each and every term and condition of
this Agreement, the parties hereto understand and agree that the same have or has been mutually negotiated, prepared and drafted, and if at any time the parties hereto desire or are required to interpret or construe any such term or condition, no
consideration will be given to the issue of which party hereto actually prepared, drafted or requested any term or condition of this Agreement. 

Section 13.13 Attorney-In-Fact. Each Member (other
than the Intel Member, the TPG Member, and the TB Member) hereby appoints the Managing Member as such Member’s attorney-in-fact (with full power of substitution)
and hereby authorizes the Company to execute and deliver in such Member’s name and on its behalf any amendment of this Agreement otherwise adopted in accordance with the terms of this Agreement or other document relating hereto in furtherance
of such Member’s rights and obligations pursuant to this Agreement. Each Member hereby acknowledges and agrees that such proxy is coupled with an interest and shall not terminate upon any bankruptcy, dissolution, liquidation, death or
incapacity of such Member. 

  
 64 

 Section 13.14 Immunity Waiver. Each Member that is not an individual
acknowledges that it is a commercial entity and is a separate entity distinct from its ultimate shareholders and/or the executive organs of the government of any state and is capable of suing and being sued. The entry by each Member into this
Agreement constitutes, and the exercise by each Member of its respective rights and performance of its respective obligations hereunder will constitute, private and commercial acts performed for private and commercial purposes that shall not be
deemed as being entered into in the exercise of any public function. 
 [signature pages follow] 

  
 65 

 IN WITNESS WHEREOF, the parties hereto have caused this Second Amended and Restated Limited
Liability Company Agreement to be duly executed as of the day and year first written above. 
  

							
	THE COMPANY:	 		 	FOUNDATION TECHNOLOGY WORLDWIDE LLC
				
		 		 	By:	 	          

		 		 	Name: [    ]
		 		 	Title: [    ]
			
	THE MANAGING MEMBER:	 		 	MCAFEE CORP.
				
		 		 	By:	 	          

		 		 	Name: [    ]
		 		 	Title: [    ]
			
	THE MEMBERS:	 		 	MCAFEE CORP.
				
		 		 	By:	 	          

		 		 	Name: [    ]
		 		 	Title: [    ]
			
		 		 	TB XII-A MANTA BLOCKER, L.L.C.
				
		 		 	By:	 	          

		 		 	Name: [    ]
		 		 	Title: [    ]

  
 [Signature Page to the
Second Amended and Restated 
 Limited Liability Company Agreement of Foundation Technology Worldwide LLC] 

 
			
	TPG VII MANTA BL I-A, LLC
		
	By:	 	       

	Name: [    ]
	Title: [    ]
	
	TPG VII MANTA BL II-A, LLC
		
	By:	 	  

	Name: [    ]
	Title: [    ]
	
	SKYHIGH NETWORKS HOLDINGS CORP.
		
	By:	 	  

	Name: [    ]
	Title: [    ]
	
	INTEL AMERICAS, INC.
		
	By:	 	  

	Name: [    ]
	Title: [    ]

 [Signature Page to the Second Amended and Restated 

Limited Liability Company Agreement of Foundation Technology Worldwide LLC] 

 
			
	TPG VII MANTA AIV CO-INVEST, L.P.
		
	By:	 	       

	Name: [    ]
	Title: [    ]
	
	TPG VII MANTA HOLDINGS II, L.P.
		
	By:	 	  

	Name: [    ]
	Title: [    ]
	
	THOMA BRAVO FUND XII AIV, L.P.
		
	By:	 	  

	Name: [    ]
	Title: [    ]
	
	THOMA BRAVO EXECUTIVE FUND XII AIV, L.P.
		
	By:	 	  

	Name: [    ]
	Title: [    ]

 [Signature Page to the Second Amended and Restated 

Limited Liability Company Agreement of Foundation Technology Worldwide LLC] 

 
			
	THOMA BRAVO EXECUTIVE FUND XII-A AIV, L.P.
		
	By:	 	       

	Name: [    ]
	Title: [    ]
	
	THOMA BRAVO PARTNERS XII AIV, L.P.
		
	By:	 	  

	Name: [    ]
	Title: [    ]

 [Signature Page to the Second Amended and Restated 

Limited Liability Company Agreement of Foundation Technology Worldwide LLC] 

 Schedule A – Member Schedule 

 Schedule 8.04(a) – Certain Transfer Restrictions

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