Document:

Amended and Restated Loan, Security and Guarantee Agreement, dated 3-27-2012.

 Exhibit 10.1 
 Execution Version 
  

 
  

AMENDED AND RESTATED LOAN, SECURITY AND GUARANTEE AGREEMENT 
 Dated as of March 27, 2012 
 among 

MCJUNKIN RED MAN CORPORATION, 
 GREENBRIER PETROLEUM CORPORATION, 
 MCJUNKIN RED MAN DEVELOPMENT
CORPORATION, 
 MIDWAY – TRISTATE CORPORATION, 

MILTON OIL & GAS COMPANY, 
 MRC MANAGEMENT COMPANY, 
 RUFFNER REALTY COMPANY 

and  

THE SOUTH TEXAS SUPPLY COMPANY, INC., 
 as U.S. Borrowers and Guarantors, 
 MRC TRANSMARK PTY LTD  

and  

MRC SPF PTY LTD., 
 as Australian Borrowers, 
 MRC TRANSMARK NV, 

as Belgian Borrower, 
 MIDFIELD SUPPLY ULC,  
 as a Canadian Borrower, 

MRC TRANSMARK B.V.  
 and  
 MRC TRANSMARK INTERNATIONAL B.V., 

as Dutch Borrowers, 
 MRC TRANSMARK HOLDINGS UK LIMITED, 
 MRC TRANSMARK LIMITED,

 MRC TRANSMARK (DRAGON) LIMITED  
 and  
 MRC SPF SCANFIT LIMITED, 

as UK Borrowers, 

any other Borrowers party hereto from time to time 
 and 
 certain Persons party hereto from time to time as Guarantors, 

CERTAIN FINANCIAL INSTITUTIONS, 
 as Lenders, 
 BANK OF AMERICA, N.A., 

as Administrative Agent and Collateral Agent, 
  

 
  

 ARRANGERS AND AGENTS 

BARCLAYS BANK PLC  
 and  
 WELLS FARGO CAPITAL FINANCE, LLC,  

as Co-Syndication Agents, 
 RBS CITIZENS BUSINESS CAPITAL, 
 U.S. BANK NATIONAL ASSOCIATION,

 SUNTRUST BANK, 
 UNION BANK, N.A., 
 GOLDMAN SACHS LENDING PARTNERS LLC  

and  

REGIONS BANK, 
 as Co-Documentation Agents, 
 MERRILL LYNCH, PIERCE,
FENNER & SMITH INCORPORATED,  
 as Lead Arranger and Book Manager 

and 
 BARCLAYS
BANK PLC  
 and  
 WELLS FARGO CAPITAL FINANCE, LLC,  
 as Joint Lead Arrangers and as Joint
Book Managers 

 TABLE OF CONTENTS 

 

							
	  	 	 	  	Page	 
	SECTION 1.	 	 DEFINITIONS; RULES OF CONSTRUCTION
	  	 	2	  
			
	1.1	 	 Definitions
	  	 	2	  
	1.2	 	 Accounting Terms
	  	 	138	  
	1.3	 	 Uniform Commercial Code/PPSA
	  	 	139	  
	1.4	 	 Certain Matters of Construction
	  	 	139	  
	1.5	 	 Currency Calculations
	  	 	140	  
	1.6	 	 Interpretation (Quebec)
	  	 	140	  
			
	SECTION 2.	 	 CREDIT FACILITIES
	  	 	141	  
			
	2.1	 	 Commitment
	  	 	141	  
	2.2	 	 Australian Letters of Credit
	  	 	161	  
	2.3	 	 Belgian Letters of Credit
	  	 	164	  
	2.4	 	 Canadian Letters of Credit
	  	 	167	  
	2.5	 	 Dutch Letters of Credit
	  	 	170	  
	2.6	 	 New Zealand Letters of Credit
	  	 	173	  
	2.7	 	 Singapore Letters of Credit
	  	 	177	  
	2.8	 	 UK Letters of Credit
	  	 	180	  
	2.9	 	 U.S. Letters of Credit
	  	 	183	  
	  2.10	 	 Issuance of Letters of Credit by Non-Lender Fronting Banks
	  	 	186	  
	  2.11	 	 Applicable Foreign Borrower Sublimits
	  	 	186	  
	  2.12	 	 Obligations of the non-U.S. Loan Parties
	  	 	187	  
			
	SECTION 3.	 	 INTEREST, FEES AND CHARGES
	  	 	187	  
			
	3.1	 	 Interest
	  	 	187	  
	3.2	 	 Fees
	  	 	193	  
	3.3	 	 Computation of Interest, Fees, Yield Protection
	  	 	196	  
	3.4	 	 Reimbursement Obligations
	  	 	197	  
	3.5	 	 Illegality
	  	 	198	  
	3.6	 	 Inability to Determine Rates
	  	 	198	  
	3.7	 	 Increased Costs; Capital Adequacy
	  	 	199	  
	3.8	 	 Additional Reserve Costs
	  	 	200	  
	3.9	 	 Mitigation
	  	 	200	  
	  3.10	 	 Funding Losses
	  	 	200	  
	  3.11	 	 Maximum Interest
	  	 	201	  
			
	SECTION 4.	 	 LOAN ADMINISTRATION
	  	 	202	  
			
	4.1	 	 Manner of Borrowing and Funding Loans
	  	 	202	  
	4.2	 	 Defaulting Lender
	  	 	207	  
	4.3	 	 Number and Amount of Interest Period Loans; Determination of Rate
	  	 	207	  
	4.4	 	 Loan Party Agents
	  	 	208	  
	4.5	 	 One Obligation
	  	 	209	  
	4.6	 	 Effect of Termination
	  	 	209	  
			
	SECTION 5.	 	 PAYMENTS
	  	 	209	  
			
	5.1	 	 General Payment Provisions
	  	 	209	  
	5.2	 	 Repayment of Obligations
	  	 	210	  

							
	5.3	 	 Payment of Other Obligations
	  	 	210	  
	5.4	 	 Marshaling; Payments Set Aside
	  	 	210	  
	5.5	 	 Post-Default Allocation of Payments
	  	 	211	  
	5.6	 	 Application of Payments
	  	 	218	  
	5.7	 	 Loan Account; Account Stated
	  	 	218	  
	5.8	 	 Taxes
	  	 	219	  
	5.9	 	 Lender Tax Information
	  	 	242	  
	  5.10	 	 Guarantees
	  	 	243	  
	  5.11	 	 Currency Matters
	  	 	246	  
			
	SECTION 6.	 	 CONDITIONS PRECEDENT
	  	 	247	  
			
	6.1	 	 Conditions Precedent to Initial Loans
	  	 	247	  
	6.2	 	 Conditions Precedent to All Credit Extensions
	  	 	251	  
			
	SECTION 7.	 	 COLLATERAL
	  	 	252	  
			
	7.1	 	 Grant of Security Interest
	  	 	252	  
	7.2	 	 Lien on Deposit Accounts; Cash Collateral
	  	 	253	  
	7.3	 	 Pledged Collateral
	  	 	254	  
	7.4	 	 Other Collateral
	  	 	258	  
	7.5	 	 Limitation on Permitted Discretion
	  	 	259	  
	7.6	 	 No Assumption of Liability
	  	 	259	  
	7.7	 	 Further Assurances
	  	 	260	  
			
	SECTION 8.	 	 COLLATERAL ADMINISTRATION
	  	 	260	  
			
	8.1	 	 Administration of Accounts
	  	 	260	  
	8.2	 	 Administration of Inventory
	  	 	261	  
	8.3	 	 Administration of Deposit Accounts
	  	 	261	  
	8.4	 	 General Provisions
	  	 	262	  
	8.5	 	 Power of Attorney
	  	 	263	  
			
	SECTION 9.	 	 REPRESENTATIONS AND WARRANTIES
	  	 	264	  
			
	9.1	 	 General Representations and Warranties
	  	 	264	  
			
	SECTION 10.	 	 COVENANTS AND CONTINUING AGREEMENTS
	  	 	271	  
			
	  10.1	 	 Affirmative Covenants
	  	 	271	  
	  10.2	 	 Negative Covenants
	  	 	283	  
	  10.3	 	 Financial Covenants
	  	 	301	  
			
	SECTION 11.	 	 EVENTS OF DEFAULT; REMEDIES ON DEFAULT
	  	 	301	  
			
	  11.1	 	 Events of Default
	  	 	301	  
	  11.2	 	 License
	  	 	305	  
	  11.3	 	 Setoff
	  	 	305	  
	  11.4	 	 Remedies Cumulative; No Waiver
	  	 	305	  
	  11.5	 	 Judgment Currency
	  	 	306	  
			
	SECTION 12.	 	 AGENT AND SECURITY TRUSTEES
	  	 	307	  
			
	  12.1	 	 Appointment, Authority and Duties of Agent
	  	 	307	  
	  12.2	 	 European Security Trustee
	  	 	308	  
	  12.3	 	 AUS-NZ Security Trustee
	  	 	313	  

							
	12.4  	 	 Agreements Regarding Collateral and Field Examination Reports
	  	 	319	  
	12.5  	 	 Reliance By Agent
	  	 	322	  
	12.6  	 	 Action Upon Default
	  	 	323	  
	12.7  	 	 Ratable Sharing
	  	 	323	  
	12.8  	 	 Indemnification of Agent Indemnitees
	  	 	323	  
	12.9  	 	 Limitation on Responsibilities of Agent
	  	 	324	  
	12.10	 	 Successor Agent and Co-Agents
	  	 	324	  
	12.11	 	 Due Diligence and Non-Reliance
	  	 	325	  
	12.12	 	 Remittance of Payments and Collections
	  	 	325	  
	12.13	 	 Agent in its Individual Capacity
	  	 	326	  
	12.14	 	 Agent Titles
	  	 	326	  
	12.15	 	 Bank Product Providers
	  	 	326	  
	12.16	 	 No Third Party Beneficiaries
	  	 	326	  
			
	SECTION 13.	 	 BENEFIT OF AGREEMENT; ASSIGNMENTS AND PARTICIPATIONS
	  	 	327	  
			
	13.1  	 	 Successors and Assigns
	  	 	327	  
	13.2  	 	 Participations
	  	 	327	  
	13.3  	 	 Assignments
	  	 	328	  
			
	SECTION 14.	 	 MISCELLANEOUS
	  	 	330	  
			
	14.1  	 	 Consents, Amendments and Waivers
	  	 	330	  
	14.2  	 	 Indemnity
	  	 	335	  
	14.3  	 	 Notices and Communications
	  	 	335	  
	14.4  	 	 Performance of Loan Parties’ Obligations
	  	 	336	  
	14.5  	 	 Credit Inquiries
	  	 	336	  
	14.6  	 	 Severability
	  	 	336	  
	14.7  	 	 Cumulative Effect; Conflict of Terms
	  	 	336	  
	14.8  	 	 Counterparts
	  	 	336	  
	14.9  	 	 Entire Agreement
	  	 	336	  
	14.10	 	 Relationship with Lenders
	  	 	337	  
	14.11	 	 No Advisory or Fiduciary Responsibility
	  	 	337	  
	14.12	 	 Confidentiality
	  	 	337	  
	14.13	 	 Certifications Regarding Indentures
	  	 	338	  
	14.14	 	 GOVERNING LAW
	  	 	338	  
	14.15	 	 Consent to Forum; Process Agent
	  	 	338	  
	14.16	 	 Waivers by Loan Parties
	  	 	339	  
	14.17	 	 Contracting out of PPSA Australia Provisions
	  	 	339	  
	14.18	 	 Waiver of Rights (PPSA New Zealand)
	  	 	340	  
	14.19	 	 Patriot Act Notice
	  	 	341	  
	14.20	 	 Canadian Anti-Money Laundering Legislation
	  	 	341	  
	14.21	 	 Know Your Customer
	  	 	341	  
	14.22	 	 Australian Anti-Money Laundering Provisions
	  	 	341	  
	14.23	 	 Belgian Anti-Money Laundering Legislation
	  	 	342	  
	14.24	 	 “Know your customer” Checks
	  	 	342	  
	14.25	 	 Reinstatement
	  	 	342	  
	14.26	 	 Nonliability of Lenders
	  	 	343	  
	14.27	 	 Ratification of Loan Documents
	  	 	343	  

 LIST OF EXHIBITS AND SCHEDULES 

 

			
		
	Exhibit A-1	 	Form of Assignment and Acceptance
		
	Exhibit A-2	 	Form of Assignment Notice
		
	Exhibit B-1	 	Form of Australian Borrowing Base Certificate
		
	Exhibit B-2	 	Form of Belgian Borrowing Base Certificate
		
	Exhibit B-3	 	Form of Canadian Borrowing Base Certificate
		
	Exhibit B-4	 	Form of Dutch Borrowing Base Certificate
		
	Exhibit B-5	 	Form of UK Borrowing Base Certificate
		
	Exhibit B-6	 	Form of U.S. Borrowing Base Certificate
		
	Exhibit C-1	 	Form of Australian Revolver Note
		
	Exhibit C-2	 	Form of Belgian Revolver Note
		
	Exhibit C-3	 	Form of Canadian Revolver Note
		
	Exhibit C-4	 	Form of Dutch Revolver Note
		
	Exhibit C-5	 	Form of New Zealand Revolver Note
		
	Exhibit C-6	 	Form of Singapore Revolver Note
		
	Exhibit C-7	 	Form of UK Revolver Note
		
	Exhibit C-8	 	Form of U.S. Revolver Note
		
	Exhibit D	 	Form of Compliance Certificate
		
	Exhibit E	 	Form of Notice of Borrowing
		
	Exhibit F	 	Form of Notice of Conversion/Continuation
		
	Exhibit G	 	Form of Perfection Certificate
		
	Exhibit H-1	 	Form of Australian Closing Certificate
		
	Exhibit H-2	 	Form of Belgian Closing Certificate
		
	Exhibit H-3	 	Form of Canadian Closing Certificate
		
	Exhibit H-4	 	Form of Dutch Closing Certificate
		
	Exhibit H-5	 	Form of UK Closing Certificate
		
	Exhibit H-6	 	Form of U.S. Closing Certificate
		
	Exhibit I	 	Form of Joinder Agreement
		
	Exhibit J-1	 	Form of Non-Bank Certificate for Non-Partnership
		
	Exhibit J-2	 	Form of Non-Bank Certificate for Partnership
		
	Schedule 1.1(a)	 	Existing U.S. Letters of Credit
		
	Schedule 1.1(b)	 	Existing Receivables Entities
		
	Schedule 2.1.1(a)	 	Australian Revolver Commitment

			
		
	Schedule 2.1.1(b)	 	Belgian Revolver Commitment
		
	Schedule 2.1.1(c)	 	Canadian Revolver Commitment
		
	Schedule 2.1.1(d)	 	Dutch Revolver Commitment
		
	Schedule 2.1.1(e)	 	UK Revolver Commitment
		
	Schedule 2.1.1(f)	 	U.S. Revolver Commitment
		
	Schedule 3.8	 	Mandatory Costs Rate
		
	Schedule 7.3	 	Pledged Stock/Pledged Debt
		
	Schedule 8.3	 	Deposit Accounts
		
	Schedule 8.4.1	 	Location of Collateral
		
	Schedule 9.1.12	 	Subsidiaries/Excluded Subsidiaries
		
	Schedule 10.1.11	 	Permitted Transactions with Affiliates
		
	Schedule 10.1.16	 	Post-Closing Actions
		
	Schedule 10.2.1	 	Existing Indebtedness
		
	Schedule 10.2.2	 	Existing Liens
		
	Schedule 10.2.4	 	Non-Core Assets
		
	Schedule 10.2.5	 	Permitted Investments
		
	Schedule 10.2.10	 	Permitted Burdensome Agreements
		
	Schedule 13.3.3	 	Permitted Assignees

 AMENDED AND RESTATED 

LOAN, SECURITY AND GUARANTEE AGREEMENT 
 THIS AMENDED AND RESTATED LOAN, SECURITY AND GUARANTEE AGREEMENT is dated as of March 27, 2012, among MCJUNKIN RED MAN CORPORATION, a Delaware corporation (“MRC”), GREENBRIER
PETROLEUM CORPORATION, a West Virginia corporation (“Greenbrier”), MCJUNKIN RED MAN DEVELOPMENT CORPORATION, a Delaware corporation (“McJunkin Development”), MIDWAY – TRISTATE CORPORATION, a New York
corporation (“Midway”), MILTON OIL & GAS COMPANY, a West Virginia corporation (“Milton”), MRC MANAGEMENT COMPANY, a Delaware corporation (“Management”), RUFFNER REALTY COMPANY, a West
Virginia corporation (“Ruffner”), and THE SOUTH TEXAS SUPPLY COMPANY, INC., a Texas corporation (“South Texas” and together with MRC, Greenbrier, McJunkin Development, Midway, Milton, Management and Ruffner, the
“Initial U.S. Borrowers”), MRC TRANSMARK PTY LTD, a company incorporated under the laws of Australia (as defined herein) (“Transmark Australia”), and MRC SPF PTY LTD., a company incorporated under the laws of
Australia (“SPF Australia” and together with Transmark Australia, the “Initial Australian Borrowers”), MRC TRANSMARK NV, a limited liability company organized under the laws of Belgium (the “Initial Belgian
Borrower”), MIDFIELD SUPPLY ULC, an unlimited liability corporation organized under the laws of Alberta, Canada (the “Initial Canadian Borrower”), MRC TRANSMARK B.V., a limited company organized under the laws of the
Netherlands (“Transmark Netherlands”), and MRC TRANSMARK INTERNATIONAL B.V., a limited company organized under the laws of the Netherlands (“International Netherlands” and together with Transmark Netherlands, the
“Initial Dutch Borrowers”), MRC TRANSMARK HOLDINGS UK LIMITED, a company incorporated in England and Wales with company number 05436123 (“Holdings UK”), MRC TRANSMARK LIMITED, a company incorporated in England and
Wales with company number 03471259 (“Transmark UK”), MRC TRANSMARK (DRAGON) LIMITED, a company incorporated in England and Wales with company number 03797606 (“Dragon UK”), and MRC SPF SCANFIT LIMITED, a company
incorporated in England and Wales with company number 02299105 (“SPF UK” and together with Holdings UK, Transmark UK and Dragon UK, the “Initial UK Borrowers”; and collectively with any other UK Borrowers (as
defined herein), the Australian Borrowers (as defined herein), the Belgian Borrowers (as defined herein), the Canadian Borrowers (as defined herein), the Dutch Borrowers (as defined herein), any New Zealand Borrowers (as defined herein), any
Singapore Borrowers (as defined herein) and the U.S. Borrowers (as defined herein), the “Borrowers” and each, a “Borrower”), the Persons from time to time party to this Agreement as Guarantors (as defined herein),
the financial institutions party to this Agreement from time to time as lenders (collectively, “Lenders”), BANK OF AMERICA, N.A., a national banking association, in its capacity as collateral agent and administrative agent for
itself and the other Secured Parties (as defined herein) (together with any successor agent appointed pursuant to Section 12.10, the “Agent”), and Barclays Bank PLC and Wells Fargo Capital Finance LLC, as Co-Syndication Agents.

 R E C I T A L S: 
 A. Certain of the Initial U.S. Borrowers, the Initial Canadian Borrower, the Agent and the financial institutions named therein entered into that certain Loan, Security and Guarantee Agreement dated as of
June 14, 2011 (the “Existing Loan Agreement”). 

 B. The parties hereto desire to amend and restate the Existing Loan Agreement in its
entirety in order to, among other things, increase the commitments thereunder and provide additional foreign revolving credit facilities to borrowers domiciled in Australia, Belgium, the Netherlands, New Zealand, Singapore and the United Kingdom.

 C. Lenders are willing to amend and restate the Existing Loan Agreement and provide the senior secured revolving credit
facilities on the terms and conditions set forth in this Agreement. 
 NOW, THEREFORE, for valuable consideration hereby
acknowledged, the parties hereto agree that the Existing Loan Agreement is hereby amended and restated in its entirety as follows: 

SECTION 1. DEFINITIONS; RULES OF CONSTRUCTION 
 1.1 Definitions. As used herein, the following terms have the meanings set forth below: 
 Account: as defined in the UCC, the PPSA or the PPSA Australia, as applicable, and, with respect to an Account of a New Zealand Domiciled Loan Party, an “account receivable” as defined in
the PPSA New Zealand, in each case including all rights to payment for goods sold or leased, or for services rendered, whether or not they have been earned by performance. 
 Account Debtor: any Person who is obligated under an Account, Chattel Paper or General Intangible. 
 Accounting Change: as defined in Section 1.2. 
 Acquired
EBITDA: with respect to any Acquired Entity or Business or any Converted Restricted Subsidiary (any of the foregoing, a “Pro Forma Entity”) for any period, the amount for such period of Consolidated EBITDA of such Pro Forma
Entity (determined using such definitions as if references to the Borrowers and their Subsidiaries therein were to such Pro Forma Entity and its Subsidiaries), all as determined on a consolidated basis for such Pro Forma Entity in accordance with
GAAP. 
 Acquired Entity or Business: as defined in the term “Consolidated EBITDA”. 

Additional Australian Lender: as defined in Section 2.1.7(a). 

Additional Belgian Lender: as defined in Section 2.1.7(b). 

Additional Canadian Lender: as defined in Section 2.1.7(c). 

Additional Dutch Lender: as defined in Section 2.1.7(d). 

Additional Lender: as defined in Section 2.1.7(h). 
 Additional New Zealand Lender: as defined in Section 2.1.7(e). 

Additional Singapore Lender: as defined in Section 2.1.7(f). 

  
 2 

 Additional UK Lender: as defined in Section 2.1.7(g). 

Additional U.S. Lender: as defined in Section 2.1.7(h). 

Affiliate: with respect to any Person, any branch of such Person or any other Person that directly, or indirectly through one or
more intermediaries, Controls or is Controlled by or is under common Control with the Person specified. “Control” means the possession, directly or indirectly, of the power (a) to vote 20% or more of the securities having
ordinary voting power for the election of directors, in the case of a corporation, or equivalent governing body, in the case of any other type of legal entity, of a Person or (b) to direct or cause the direction of the management or policies of
a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have correlative meanings. 

Agent: as defined in the preamble to this Agreement. 
 Agent Indemnitees: the Agent and its officers, directors, employees, Affiliates and agents, including, without limitation, the Security Trustees. 

Agent Professionals: attorneys, accountants, appraisers, auditors, business valuation experts, environmental engineers or
consultants, turnaround consultants, and other professionals and experts retained by Agent. 
 Agreement: this Amended
and Restated Loan, Security and Guarantee Agreement, as the same may be amended, supplemented or otherwise modified from time to time. 
 Allocable Amount: as defined in Section 5.10.3(b). 
 AML
Legislation: as defined in Section 14.19. 
 Applicable Australian Borrower: (a) Transmark Australia,
(b) SPF Australia, or (c) any other Australian Borrower, as the context requires. 
 Applicable Australian Borrower
Commitment: with respect to any Australian Borrower, the maximum amount of Australian Revolver Commitments under which such Australian Borrower may borrow Australian Revolver Loans or request the issuance of Australian Letters of Credit, as
designated by the Asian Loan Party Agent from time to time, and in an aggregate amount for all Australian Borrowers not to exceed the total Australian Revolver Commitments. 
 Applicable Australian Borrower Secured Obligations: the Australian Facility Secured Obligations of the Applicable Australian Borrower. 

Applicable Belgian Borrower: (a) the Initial Belgian Borrower or (b) any other Belgian Borrower, as the context
requires. 
 Applicable Belgian Borrower Commitment: with respect to any Belgian Borrower, the maximum amount of Belgian
Revolver Commitments under which such Belgian Borrower may borrow Belgian Revolver Loans or request the issuance of Belgian Letters of Credit, as designated by the European Loan Party Agent from time to time, and in an aggregate amount for all
Belgian Borrowers not to exceed the total Belgian Revolver Commitments. 

  
 3 

 Applicable Belgian Borrower Secured Obligations: (a) if the Initial Belgian
Borrower is the only Belgian Borrower, the Belgian Facility Secured Obligations and (b) if there is more than one Belgian Borrower, the Belgian Facility Secured Obligations of the Applicable Belgian Borrower. 

Applicable Canadian Borrower: (a) the Initial Canadian Borrower or (b) any other Canadian Borrower, as the context
requires. 
 Applicable Canadian Borrower Commitment: with respect to any Canadian Borrower, the maximum amount of
Canadian Revolver Commitments under which such Canadian Borrower may borrow Canadian Revolver Loans or request the issuance of Canadian Letters of Credit, as designated by the North American Loan Party Agent from time to time, and in an aggregate
amount for all Canadian Borrowers not to exceed the total Canadian Revolver Commitments. 
 Applicable Canadian Borrower
Secured Obligations: (a) if the Initial Canadian Borrower is the only Canadian Borrower, the Canadian Facility Secured Obligations and (b) if there is more than one Canadian Borrower, the Canadian Facility Secured Obligations of the
Applicable Canadian Borrower. 
 Applicable Dutch Borrower: (a) Transmark Netherlands, (b) International
Netherlands, or (c) any other Dutch Borrower, as the context requires. 
 Applicable Dutch Borrower Commitment: with
respect to any Dutch Borrower, the maximum amount of Dutch Revolver Commitments under which such Dutch Borrower may borrow Dutch Revolver Loans or request the issuance of Dutch Letters of Credit, as designated by the European Loan Party Agent from
time to time, and in an aggregate amount for all Dutch Borrowers not to exceed the total Dutch Revolver Commitments. 

Applicable Dutch Borrower Secured Obligations: the Dutch Facility Secured Obligations of the Applicable Dutch Borrower.

 Applicable Foreign Borrower: an Applicable Australian Borrower, Applicable Belgian Borrower, Applicable Canadian
Borrower, Applicable Dutch Borrower, Applicable New Zealand Borrower, Applicable Singapore Borrower or Applicable UK Borrower, as the context may require. 
 Applicable Foreign Borrower Commitment: any Applicable Australian Borrower Commitment, Applicable Belgian Borrower Commitment, Applicable Canadian Borrower Commitment, Applicable Dutch Borrower
Commitment, Applicable New Zealand Borrower Commitment, Applicable Singapore Borrower Commitment or Applicable UK Borrower Commitment, as the context may require. 

  
 4 

 Applicable Law: all laws, rules, regulations and legally binding governmental
guidelines applicable to the Person and its Property, conduct, transaction, agreement or matter in question, including all applicable statutory law and common law, and all provisions of constitutions, treaties, statutes, rules, regulations, orders
and decrees of Governmental Authorities (having the force of law) and, with respect to any Person, such Person’s Organic Documents. 
 Applicable Lenders: (a) with respect to the Australian Borrowers, the Australian Lenders, (b) with respect to the Belgian Borrowers, the Belgian Lenders, (c) with respect to the
Canadian Borrowers, the Canadian Lenders, (d) with respect to the Dutch Borrowers, the Dutch Lenders, (e) with respect to the New Zealand Borrowers, the New Zealand Lenders, (f) with respect to the Singapore Borrowers, the Singapore
Lenders, (g) with respect to the UK Borrowers, the UK Lenders, and (h) with respect to the U.S. Borrowers, the U.S. Lenders. 
 Applicable Margin: with respect to any Type of Loan and such other Obligations specified below, the respective margin set forth below, as determined by reference to the Consolidated Fixed Charge
Coverage Ratio as calculated as of the last day of the fiscal quarter then most recently ended: 
  

											
	 Level
	  	
Consolidated
Fixed Charge
Coverage Ratio
	  	Australian Bank Bill
Rate Loans, Canadian
BA Rate Loans, 
LIBOR
Loans, Australian Base
Rate Loans, Belgian
Base Rate Loans, Dutch
Base Rate Loans, UK
Base Rate Loans, and
Letter of Credit Fees	 	 	U.S.
Base
Rate Loans,
Canadian Base
Rate Loans and
Canadian Prime
Rate Loans	 
	 I
	  	< 1.50: 1.00	  	 	2.00	% 	 	 	1.00	% 
	 II
	  	> 1.50: 1.00
but
< 2.25: 1.00	  	 	1.75	% 	 	 	0.75	% 
	 III
	  	> 2.25: 1.00	  	 	1.50	% 	 	 	0.50	% 

 Until September 1, 2012, margins shall be determined as if Level II were applicable. Thereafter, the margins
shall be subject to increase or decrease upon receipt by the Agent pursuant to Sections 10.1.1(a) and (b) of the financial statements and corresponding Compliance Certificate, which change shall be effective on the first day of the
calendar month immediately following receipt. If, by the first day of a month, any financial statement or Compliance Certificate due in the preceding month has not been received, then, at the option of the Agent or Required Lenders, the margins
shall be determined as if Level I were applicable, from such day until the first day of the calendar month immediately following actual receipt. 
 Applicable New Zealand Borrower: (a) if there is only one New Zealand Borrower, the New Zealand Borrower and (b) if there is more than one New Zealand Borrower, the applicable New Zealand
Borrower, as the context requires. 

  
 5 

 Applicable New Zealand Borrower Commitment: with respect to any New Zealand
Borrower, the maximum amount of New Zealand Revolver Commitments under which such New Zealand Borrower may borrow New Zealand Revolver Loans or request the issuance of New Zealand Letters of Credit, as designated by the Asian Loan Party Agent from
time to time, and in an aggregate amount for all New Zealand Borrowers not to exceed the total New Zealand Revolver Commitments. 
 Applicable New Zealand Borrower Secured Obligations: (a) if there is only one New Zealand Borrower, the New Zealand Facility Secured Obligations and (b) if there is more than one New
Zealand Borrower, the New Zealand Facility Secured Obligations of the Applicable New Zealand Borrower. 
 Applicable
Singapore Borrower: (a) if there is only one Singapore Borrower, the Singapore Borrower and (b) if there is more than one Singapore Borrower, the applicable Singapore Borrower, as the context requires. 

Applicable Singapore Borrower Commitment: with respect to any Singapore Borrower, the maximum amount of Singapore Revolver
Commitments under which such Singapore Borrower may borrow Singapore Revolver Loans or request the issuance of Singapore Letters of Credit, as designated by the Asian Loan Party Agent from time to time, and in an aggregate amount for all Singapore
Borrowers not to exceed the total Singapore Revolver Commitments. 
 Applicable Singapore Borrower Secured Obligations:
(a) if there in only one Singapore Borrower, the Singapore Facility Secured Obligations and (b) if there is more than one Singapore Borrower, the Singapore Facility Secured Obligations of the Applicable Singapore Borrower. 

Applicable UK Borrower: (a) Holdings UK, (b) Transmark UK, (c) Dragon UK, (d) SPF UK, or (e) any other UK
Borrower, as the context requires. 
 Applicable UK Borrower Commitment: with respect to any UK Borrower, the maximum
amount of UK Revolver Commitments under which such UK Borrower may borrow UK Revolver Loans or request the issuance of UK Letters of Credit, as designated by the European Loan Party Agent from time to time, and in an aggregate amount for all UK
Borrowers not to exceed the total UK Revolver Commitments. 
 Applicable UK Borrower Secured Obligations: the UK Facility
Secured Obligations of the Applicable UK Borrower. 
 Approved Fund: any Person (other than a natural person) that is
engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in its ordinary course of activities, has the capacity to fund Revolver Loans hereunder and is administered or managed by a Lender, an
entity that administers or manages a Lender, or an Affiliate of either. 
 Asian Loan Party Agent: as defined in
Section 4.4.3. 

  
 6 

 Assignment and Acceptance: an assignment agreement between a Lender and Eligible
Assignee (and, to the extent required by the definition of “Eligible Assignee,” consented to by the North American Loan Party Agent), in the form of Exhibit A-1. 

AUS-NZ Security Trustee: Bank of America (Australia) or any successor security trustee appointed in accordance with this
Agreement.  
 Australia: the Commonwealth of Australia. 

Australian Allocated U.S. Availability: U.S. Availability designated by the North American Loan Party Agent for application to
clause (c) of an Australian Borrowing Base. 
 Australian Availability: as of any date of determination,
(a) the lesser of (i) the Australian Revolver Commitments minus all Australian LC Obligations as of such date of determination and (ii) the Total Australian Borrowing Base as of such date of determination, minus
(b) the Dollar Equivalent of the principal balance of all Australian Revolver Loans. 
 Australian Availability
Reserves: the sum (without duplication) of (a) the aggregate amount of the Australian Rent Reserve, if any, established pursuant to clause (h) of the definition of Australian Eligible Inventory; (b) the Australian LC Reserve;
(c) the Australian Bank Product Reserve; (d) the Australian Priority Payables Reserve; and (e) such additional reserves, in such amounts and with respect to such matters, as the Agent may establish in its Permitted Discretion.

 Australian Bank Bill Rate: with respect to each Interest Period for an Australian Bank Bill Rate Loan, (a) the
average bid rate (the “BBR Screen Rate”) displayed at or about 10:30 a.m. (Melbourne, Australia time) on the first day of that Interest Period on the Reuters screen BBSY page for a term equivalent to such Interest Period; or (b) to
the extent the BBR Screen Rate is not displayed for a term equivalent to such Interest Period, the rate determined by the Agent in good faith and notified by it to the Applicable Australian Borrower on or prior to the close of business on the first
day of the relevant Interest Period to be the arithmetic mean (rounded upward to four decimal places) of the buying rates (for bills of exchange accepted by leading Australian banks which have a term equivalent to such Interest Period) quoted by
three leading banks in Australia appointed by Agent in consultation with the Asian Loan Party Agent at or about that time on that date. 
 Australian Bank Bill Rate Loan: a Australian Revolver Loan, or portion thereof, funded in Australian Dollars and bearing interest calculated by reference to the Australian Bank Bill Rate.

 Australian Bank Product Reserve: the aggregate amount of reserves, as established by the Agent from time to time in
its Permitted Discretion and in consultation with the Asian Loan Party Agent, to reflect the reasonably anticipated liabilities in respect of the then outstanding Secured Bank Product Obligations of the Australian Domiciled Loan Parties. 

Australian Base Rate Loan: an Australian Revolver Loan, or portion thereof, funded in Australian Dollars, Dollars, Euros or
Sterling and bearing interest calculated by reference to the Eurasian Base Rate. 

  
 7 

 Australian Borrowers: (a) the Initial Australian Borrowers and (b) each
other Australian Subsidiary that, after the date hereof, has executed a supplement or joinder to this Agreement in accordance with Section 10.1.13 and has satisfied the other requirements set forth in Section 10.1.13 in order to become an
Australian Borrower. 
 Australian Borrowing Base: at any time, with respect to the Applicable Australian Borrower, an
amount equal to the sum (expressed in Dollars, based on the Dollar Equivalent thereof) of, without duplication: 

(a) the book value of Australian Eligible Accounts of the Applicable Australian Borrower multiplied by the advance rate of
85%, plus 
 (b) the lesser of (i) 70% of the net book value of Australian Eligible Inventory of the
Applicable Australian Borrower and (ii) 85% of the Net Orderly Liquidation Value of Australian Eligible Inventory of the Applicable Australian Borrower (which shall be (A) net of the current monthly shrinkage reserve calculated in
accordance with GAAP and (B) valued at Cost), plus 
 (c) Australian Allocated U.S. Availability for
such Applicable Australian Borrower, minus 
 (d) subject to Section 7.5, effective
(i) immediately upon or (ii) five (5) Business Days after, in the case of Australian Availability Reserves allocable to the Applicable Australian Borrower which would cause the aggregate amount of the Australian Revolver Loans
allocable to the Applicable Australian Borrower at such time to exceed the lesser of the Applicable Australian Borrower’s Applicable Australian Borrower Commitment and the Applicable Australian Borrower’s Australian Borrowing Base then in
effect, in each case, notification thereof to the Asian Loan Party Agent by the Agent, any and all such Australian Availability Reserves. 
 The Australian Borrowing Base at any time shall be determined by reference to the most recent Borrowing Base Certificate theretofore delivered to the Agent with such adjustments as the Agent deems
appropriate in its Permitted Discretion to assure that the Australian Borrowing Base is calculated in accordance with the terms of this Agreement. Transmark Australia may include the Australian Eligible Accounts and the Australian Eligible Inventory
acquired by it prior to the Closing Date from OneSteel Trading Pty Ltd., notwithstanding that Agent was unable to complete an audit and appraisal prior to the Closing Date, provided, that (i) such assets shall be deemed ineligible on the 90th
day following the Closing Date if Agent does not obtain such audit and appraisal with results reasonably satisfactory to Agent on or prior to such date, and (ii) the maximum amount attributable to Transmark Australia’s Australian Borrowing
Base from such assets during such period may not exceed $20,000,000. Notwithstanding the foregoing, the Australian Borrowing Base will exclude clauses (a) and (b) thereof until such time as the Applicable Australian Borrower has complied
with Section 8.1.4. 
 Australian Cash Collateral Account: a demand deposit, money market or other account
established by Agent at Bank of America (Australia) or such other financial institution as Agent may select in its discretion with the consent of Asian Loan Party Agent (not to be unreasonably

  
 8 

 
withheld or delayed), which account shall be for the benefit of the Australian Facility Secured Parties and shall be subject to Agent’s or AUS-NZ Security Trustee’s Liens securing the
Australian Facility Secured Obligations; provided that the foregoing consent of Asian Loan Party Agent to the selection by Agent in its discretion of a financial institution other than Bank of America (Australia) shall not be required if an
Event of Default has occurred and is continuing. 
 Australian Dollars or AUS$: the lawful currency of Australia.

 Australian Domiciled Loan Party: any Australian Borrower and each Australian Subsidiary now or hereafter party hereto
as a Loan Party, and “Australian Domiciled Loan Parties” means all such Persons, collectively. 
 Australian
Dominion Account: each special account established by the Australian Domiciled Loan Parties at Bank of America (Australia) (or, subject to Section 8.1.4, HSBC Bank Australia Limited ABN 48 006 434 162) over which Agent or AUS-NZ
Security Trustee has exclusive control for withdrawal purposes. 
 Australian Eligible Accounts: at any time, the
Accounts of the Applicable Australian Borrower at such date except any Account:  
 (a) which is not
subject to a valid Lien in favor of the Agent or AUS-NZ Security Trustee (including under the relevant laws of the Account Debtor’s jurisdiction of organization); 

(b) which is subject to any Lien (including Liens permitted by Section 10.2.2) other than (i) a Lien in favor of
the Agent or AUS-NZ Security Trustee and (ii) a Permitted Lien which does not have priority over the Lien in favor of the Agent; provided that, with respect to any tax Lien having such priority, eligibility of Accounts shall be reduced
by the amount of such tax Lien having such priority; 
 (c) owing by any Account Debtor with respect to which
more than 120 days have elapsed since the date of the original invoice therefor or which is more than 60 days past the due date for payment; 
 (d) which is owing by an Account Debtor for which more than 50% of the Accounts owing from such Account Debtor and its Affiliates are ineligible pursuant to clause (c) above; 

(e) which is owing by any Account Debtor to the extent the aggregate amount of otherwise Australian Eligible Accounts
owing from such Account Debtor and its Affiliates to Australian Borrowers exceeds 20% of the aggregate Australian Eligible Accounts (or such higher percentage as the Agent may establish for the Account Debtor from time to time), in each case, only
to the extent of such excess; 
 (f) with respect to which any covenant, representation or warranty relating to
such Account contained in this Agreement or a Security Document has been breached or is not true in any material respect; 

  
 9 

 (g) which (i) does not arise from the sale of goods or performance of
services in the Ordinary Course of Business, (ii) is not evidenced by an invoice, or other documentation satisfactory to the Agent, which has been sent to the Account Debtor, (iii) represents a progress billing, (iv) is contingent
upon the Applicable Australian Borrower’s completion of any further performance, or (v) represents a sale on a bill-and-hold, guaranteed sale, sale-and-return, sale on approval, consignment which is billed prior to actual sale to the end
user, cash-on-delivery or any other repurchase or return basis, except with respect to up to $15,000,000 of such Accounts in the aggregate for all Borrowing Bases on a combined basis; 

(h) for which the goods giving rise to such Account (other than Accounts described in the foregoing paragraph (g)(v)) have
not been shipped to the Account Debtor or for which the services giving rise to such Account have not been performed by the Applicable Australian Borrower; 
 (i) with respect to which any check or other instrument of payment has been returned uncollected for any reason; 
 (j) which is owed by an Account Debtor in respect of which an Insolvency Proceeding has been commenced or which is otherwise a debtor or a debtor in possession under any bankruptcy law or any other
federal, state or foreign (including any state or territory) receivership, insolvency relief or other law or laws for the relief of debtors, including the Bankruptcy Act 1996 (Cth) and the Corporations Act 2001 (Cth), unless the payment of
Accounts from such Account Debtor is secured by assets of, or guaranteed by, in either case, in a manner reasonably satisfactory to the Agent, a Person that is reasonably acceptable to the Agent or, if the Account from such Account Debtor arises
subsequent to a decree or order for relief with respect to such Account Debtor under the Bankruptcy Act 1996 (Cth) or the Corporations Act 2001 (Cth), as now or hereafter in effect, the Agent shall have reasonably determined that the timely payment
and collection of such Account will not be impaired; 
 (k) which is owed by an Account Debtor which has failed,
has suspended or ceased doing business, is liquidating, dissolving or winding up its affairs or is not Solvent; 

(l) which is owed by an Account Debtor which is not organized under the applicable law of an Eligible Account Debtor
Jurisdiction unless such Account is backed by a letter of credit or other credit support reasonably acceptable to the Agent and which is in the possession of the Agent; 

(m) which is owed in any currency other than an Eligible Account Currency; 

(n) which is owed by any Governmental Authority (other than a Governmental Authority representing the Crown in Australia),
unless (i) such Account is backed by a letter of credit reasonably acceptable to the Agent and which is in the possession of the Agent or (ii) Agent otherwise approves; 

  
 10 

 (o) which is owed by any Affiliate, employee, director, or officer of any
Loan Party; provided that portfolio companies of the Sponsor that do business with the Applicable Australian Borrower in the Ordinary Course of Business will not be treated as Affiliates for purposes of this clause (o); 

(p) which is owed by an Account Debtor or any Affiliate of such Account Debtor which is the holder of Indebtedness issued
or incurred by any Loan Party; provided, that any such Account shall only be ineligible as to that portion of such Account which is less than or equal to the amount owed by the Loan Party to such Person; 

(q) which is subject to any counterclaim, deduction, defense, setoff, right of compensation or dispute, but only to the
extent of the amount of such counterclaim, deduction, defense, setoff, right of compensation or dispute, unless (i) the Agent, in its Permitted Discretion, has established Australian Availability Reserves and determines to include such Account
as an Australian Eligible Account or (ii) such Account Debtor has entered into an agreement reasonably acceptable to the Agent to waive such rights; 
 (r) which is evidenced by any promissory note, Chattel Paper or Instrument (in each case, other than any such items that are delivered to the Agent or the AUS-NZ Security Trustee); 

(s) which is owed by an Account Debtor located in any jurisdiction that requires, as a condition to access to the courts
of such jurisdiction, that a creditor qualify to transact business, file a business activities report or other report or form, or take one or more other actions, unless the Applicable Australian Borrower has so qualified, filed such reports or
forms, or taken such actions (and, in each case, paid any required fees or other charges), except to the extent the Applicable Australian Borrower may qualify subsequently as a foreign entity authorized to transact business in such jurisdiction and
gain access to such courts, without incurring any cost or penalty reasonably viewed by the Agent to be material in amount, and such later qualification cures any access to such courts to enforce payment of such Account; 

(t) with respect to which the Applicable Australian Borrower has made any agreement with the Account Debtor for any
reduction thereof, but only to the extent of such reduction, other than discounts and adjustments given in the Ordinary Course of Business; or 
 (u) which the Agent determines is ineligible in its Permitted Discretion. 
 Subject to
Sections 14.1 and 7.5 and the definition of Australian Borrowing Base, the Agent may modify the foregoing criteria in its Permitted Discretion. 
 Australian Eligible Inventory: at any date of determination thereof, the aggregate amount of all Inventory owned by the Applicable Australian Borrower at such date except any Inventory: 

(a) which is not subject to a valid Lien in favor of the Agent or AUS-NZ Security Trustee; 

  
 11 

 (b) which is subject to any Lien (including Liens permitted by
Section 10.2.2) other than (i) a Lien in favor of the Agent or AUS-NZ Security Trustee and (ii) a Permitted Lien which does not have priority over the Lien in favor of the Agent or AUS-NZ Security Trustee (other than any bailee,
warehouseman, landlord or similar non-consensual Liens having priority by operation of law to the extent either subclause (i) or (ii) of clauses (h) or (i) below of Australian Eligible Inventory is satisfied with respect to the
relevant Inventory); provided that, with respect to any tax Lien having such priority, eligibility of Inventory shall be reduced by the amount of such tax Lien having such priority; 

(c) which is, in the Agent’s Permitted Discretion, slow moving, obsolete, unmerchantable, defective, unfit for sale,
not salable at prices approximating at least the cost of such Inventory in the Ordinary Course of Business or unacceptable due to age, type, category and/or quantity; 

(d) with respect to which any covenant, representation or warranty contained in this Agreement or any Security Document
has been breached or is not true in any material respect; 
 (e) which does not conform in all material respects
to all standards imposed by any applicable Governmental Authority (except that any standard that is qualified as to “materiality” shall have been conformed to in all respects); 

(f) which constitutes packaging and shipping material, manufacturing supplies, display items, bill-and-hold goods (other
than bill-and-hold goods, the sale of which has been excluded from Australian Eligible Accounts pursuant to clause (g)(v) of the definition thereof), returned or repossessed goods (other than goods that are undamaged and able to be resold in the
Ordinary Course of Business), defective goods, goods held on consignment, goods to be returned to the Applicable Australian Borrower’s suppliers or goods which are not of a type held for sale in the Ordinary Course of Business; 

(g) which is not located in Australia or is not at a location listed on Schedule 8.4.1 (as updated from time
to time in accordance with the provisions hereof) other than goods in transit between locations of the Australian Domiciled Loan Parties; 
 (h) which is located, at any time after the Temporary Eligibility Period, in any location leased by the Applicable Australian Borrower unless (i) the lessor has delivered to the Agent a Collateral
Access Agreement or (ii) an Australian Rent Reserve has been established by the Agent; 
 (i) which is
located, at any time after the Temporary Eligibility Period, in any third party warehouse or is in the possession of a bailee, processor or other Person and is not evidenced by a Document, unless (i) such warehouseman, bailee, processor or
other Person has delivered to the Agent a Collateral Access Agreement and/or such other documentation as the Agent may reasonably require or (ii) appropriate Australian Availability Reserves have been established by the Agent in its Permitted
Discretion; 

  
 12 

 (j) which is the subject of a consignment by the Applicable Australian
Borrower as consignor unless (i) an effective first ranking Lien under the PPSA Australia in respect of the relevant Inventory in favor of the Agent or the AUS-NZ Security Trustee has been established and all relevant financing statements have
been properly filed against the consignee (as assigned to the Agent or the AUS-NZ Security Trustee), and (ii) there is a written agreement acknowledging that such Inventory is held on consignment, that the Applicable Australian Borrower retains
title to such Inventory, that no Lien arising by, through or under such consignment has attached or will attach to such Inventory (and proceeds thereof) and requiring consignee to segregate the consigned Inventory from the consignee’s other
personal or movable property; 
 (k) which is perishable as determined in accordance with GAAP; or 

(l) which contains or bears any intellectual property rights licensed to the Applicable Australian Borrower unless the
Agent is satisfied that it may sell or otherwise dispose of such Inventory without (i) infringing the rights of such licensor in any material respect or (ii) incurring any material liability with respect to payment of royalties other than
royalties incurred pursuant to sale of such Inventory under the current licensing agreement. 
 Subject to Sections 14.1
and 7.5 and the definition of Australian Borrowing Base, the Agent may modify the foregoing criteria in its Permitted Discretion. 
 Australian Facility Collateral: Collateral that now or hereafter secures (or is intended to secure) any of the Australian Facility Secured Obligations, including Property of the U.S. Domiciled Loan
Parties pledged to secure the Australian Facility Secured Obligations under their guarantee of the Secured Obligations. 

Australian Facility Guarantor: each U.S. Borrower, each U.S. Facility Guarantor and each other Person (if any) who guarantees
payment and performance of any Australian Facility Secured Obligations. 
 Australian Facility Loan Party: an Australian
Borrower or an Australian Facility Guarantor. 
 Australian Facility Obligations: all Obligations of the Australian
Facility Loan Parties, including, following the Foreign Cross-Guarantee Date for any Australian Facility Loan Party, the other Foreign Facility Obligations that are the subject of such Foreign Cross-Guarantee (but excluding, for the avoidance of
doubt, the Obligations of the U.S. Domiciled Loan Parties as guarantors of any U.S. Facility Obligations). 
 Australian
Facility Secured Obligations: all Secured Obligations of the Australian Facility Loan Parties, including, following the Foreign Cross-Guarantee Date for any Australian Facility Loan Party, the other Foreign Facility Secured Obligations that are
the subject of such Foreign Cross-Guarantee (but excluding, for the avoidance of doubt, the Obligations of the U.S. Domiciled Loan Parties as guarantors of any U.S. Facility Secured Obligations). 

  
 13 

 Australian Facility Secured Parties: Agent, AUS-NZ Security Trustee, any Australian
Fronting Bank, Australian Lenders and Secured Bank Product Providers of Bank Products to Australian Domiciled Loan Parties, and, following the Foreign Cross-Guarantee Date for any Australian Domiciled Loan Party, the other Secured Parties that are
the beneficiaries of such Foreign Cross-Guarantee. 
 Australian Fronting Bank: (a) Bank of America (Australia) or
any Affiliate thereof that agrees to issue Australian Letters of Credit, (b) if reasonably acceptable to Asian Loan Party Agent, any other Australian Lender or Affiliate thereof that agrees to issue Australian Letters of Credit, or (c) if
requested by Asian Loan Party Agent and subject to Section 2.10, a Non-Lender Fronting Bank that agrees to issue Australian Letters of Credit. 
 Australian Fronting Bank Indemnitees: any Australian Fronting Bank and its officers, directors, employees, Affiliates and agents. 

Australian LC Application: an application by any Australian Borrower on behalf of itself or any other Australian Borrower to an
Australian Fronting Bank for issuance of an Australian Letter of Credit, in form and substance reasonably satisfactory to such Australian Fronting Bank. 
 Australian LC Conditions: the following conditions necessary for issuance of an Australian Letter of Credit: (a) each of the conditions set forth in Section 6 being satisfied or
waived; (b) after giving effect to such issuance, the total Ex-NA LC Obligations do not exceed the Ex-NA Letter of Credit Sublimit, no Australian Overadvance exists or would result therefrom and, in the case of any Australian Borrower,
Section 2.11 is satisfied; (c) the expiration date of such Australian Letter of Credit is (i) no more than 365 days from issuance (provided that each Australian Letter of Credit may, upon the request of the Applicable
Australian Borrower, include a provision whereby such Letter of Credit shall be renewed automatically for additional consecutive periods of twelve (12) months or less (but no later than 20 Business Days prior to the Facility Termination Date)),
and (ii) unless the applicable Australian Fronting Bank and the Agent otherwise consent (subject to the satisfaction of the Cash Collateral requirements set forth in Section 2.2.3) at least 20 Business Days prior to the Facility
Termination Date; (d) the Australian Letter of Credit and payments thereunder are denominated in Australian Dollars, Dollars, Euros or Sterling; (e) the form of the proposed Australian Letter of Credit is reasonably satisfactory to the
Agent and the applicable Australian Fronting Bank; and (f) the proposed use of the Australian Letter of Credit is for a lawful purpose. 
 Australian LC Documents: all documents, instruments and agreements (including Australian LC Requests and Australian LC Applications) delivered by any Australian Borrower or by any other Person to
an Australian Fronting Bank or the Agent in connection with issuance, amendment or renewal of, or payment under, any Australian Letter of Credit. 
 Australian LC Obligations: with respect to the Applicable Australian Borrower, the Dollar Equivalent of the sum (without duplication) of (a) all amounts owing by such Applicable Australian
Borrower for any drawings under Australian Letters of Credit; (b) the stated amount of all outstanding Australian Letters of Credit issued for the account of such Applicable Australian Borrower; and (c) all fees and other amounts owing
with respect to such Australian Letters of Credit. 

  
 14 

 Australian LC Request: a request for issuance of an Australian Letter of Credit, to
be provided by an Australian Borrower to an Australian Fronting Bank, in form reasonably satisfactory to Agent and such Australian Fronting Bank. 
 Australian LC Reserve: with respect to the Applicable Australian Borrower, the aggregate of all Australian LC Obligations of such Applicable Australian Borrower, other than (a) those that have
been Cash Collateralized and (b) if no Event of Default exists, those constituting charges owing to any Australian Fronting Bank. 
 Australian Lenders: Bank of America (Australia) and each other Lender that has issued an Australian Revolver Commitment (provided that such Person or an Affiliate of such Person also
has a U.S. Revolver Commitment). 
 Australian Letter of Credit: any standby or documentary letter of credit
issued by an Australian Fronting Bank for the account of an Australian Borrower, or any indemnity, guarantee, exposure transmittal memorandum or similar form of credit support issued by Agent or an Australian Fronting Bank for the benefit of an
Australian Borrower. 
 Australian Overadvance: as defined in Section 2.1.5(a). 

Australian Overadvance Loan: a Loan made to an Australian Borrower when an Australian Overadvance exists or is caused by the
funding thereof. 
 Australian Overadvance Loan Balance: on any date, the Dollar Equivalent of the amount by which the
aggregate Australian Revolver Loans of the Applicable Australian Borrower or all Australian Borrowers, as the case may be, exceed the amount of the Australian Borrowing Base of such Applicable Australian Borrower or the Total Australian Borrowing
Base, as applicable, on such date. 
 Australian Pension Plan: the Australian Superannuation Guarantee Scheme
(established under the Superannuation Guarantee (Administration) Act 1992 (Cth)), a defined benefit scheme (whether established by deed or under statute of Australia or any state or territory of Australia) and any other superannuation or pension
plan maintained or contributed to by, or to which there is or may be an obligation to contribute by, any Loan Party in respect of its Australian employees or former employees. 
 Australian Priority Payables Reserve: on any date of determination, a reserve in such amount as Agent may determine in its Permitted Discretion which reflects amounts secured by any rights (whether
imposed under a statute of Australia or any state or territory of Australia), Liens, choate or inchoate, which rank or are capable of ranking in priority to the Agent’s and/or the Secured Parties’ Liens and/or for amounts which may
represent costs relating to the enforcement of the Agent’s or AUS-NZ Security Trustee’s Liens including, without limitation, to the extent applicable by operation of law, any such amounts due and not paid for wages, long service leave or
vacation pay (including amounts protected by the Fair Work Act 2009 (Cth)), any preferential claims as set out in the Corporations Act 2001 (Commonwealth of Australia), amounts due and not paid under any legislation relating to workers’
compensation or to employment insurance, all amounts deducted or withheld and not paid and remitted when due under the Taxation Administration Act 1953 (Cth) (but excluding Pay as You Go income withholding tax) and amounts currently or past due and
not contributed, remitted or paid in respect of any Australian Pension Plan. 

  
 15 

 Australian Protective Advances: as defined in Section 2.1.6(a). 

Australian Reimbursement Date: as defined in Section 2.2.2(a). 

Australian Rent Reserve: the aggregate of (a) all past due rent and other past due charges owing by any Australian Borrower
to any landlord or other Person who possesses any Australian Facility Collateral or could assert a Lien on such Australian Facility Collateral; plus (b) a reserve in an amount not to exceed rent and other charges that could be payable to
any such Person for the time period used to determine the Net Orderly Liquidation Value of Australian Facility Collateral. 

Australian Revolver Commitment: for any Australian Lender, its obligation to make Australian Revolver Loans and to issue
Australian Letters of Credit, in the case of any Australian Fronting Bank, or participate in Australian LC Obligations, in the case of the other Australian Lenders, to the Australian Borrowers up to the maximum principal amount shown on
Schedule 2.1.1(a), or as hereafter determined pursuant to each Assignment and Acceptance to which it is a party, as such Australian Revolver Commitment may be adjusted from time to time in accordance with the provisions of
Sections 2.1.4, 2.1.7 or 11.1. “Australian Revolver Commitments” means the aggregate amount of such commitments of all Australian Lenders. 
 Australian Revolver Commitment Increase: as defined in Section 2.1.7(a). 
 Australian Revolver Commitment Termination Date: the earliest of (a) the U.S. Revolver Commitment Termination Date (without regard to the reason therefor), (b) the date on which the Asian
Loan Party Agent terminates or reduces to zero all of the Australian Revolver Commitments pursuant to Section 2.1.4, and (c) the date on which the Australian Revolver Commitments are terminated pursuant to Section 11.1. From and after
the Australian Revolver Commitment Termination Date, the Australian Borrowers shall no longer be entitled to request a Australian Revolver Commitment Increase pursuant to Section 2.1.7 hereof. 

Australian Revolver Exposure: on any date, the Dollar Equivalent of an amount equal to the sum of (a) the Australian Revolver
Loans outstanding on such date and (b) the Australian LC Obligations on such date. 
 Australian Revolver Loan: a
Revolver Loan made by Australian Lenders to an Australian Borrower pursuant to Section 2.1.1(a), which Revolver Loan shall, if denominated in Australian Dollars, be either an Australian Bank Bill Rate Loan or an Australian Base Rate Loan and,
if denominated in Dollars, Euros or Sterling, shall be either an Australian Base Rate Loan or a LIBOR Loan, in each case as selected by Applicable Australian Borrower, and including any Australian Swingline Loan, Australian Overadvance Loan or
Australian Protective Advance. 
 Australian Revolver Notes: the promissory notes, if any, executed by Australian
Borrowers in favor of each Australian Lender to evidence the Australian Revolver Loans funded from time to time by such Australian Lender, which shall be in the form of Exhibit C-1 to this Agreement, together with any replacement or
successor notes therefor. 

  
 16 

 Australian Security Agreements: the Australian Security Trust Deed and each specific
security agreement among any Australian Domiciled Loan Party and Agent or the AUS-NZ Security Trustee. 
 Australian Security
Trust: the trust established under the Australian Security Trust Deed. 
 Australian Security Trust Deed: the
security trust deed dated prior to this Agreement among the Australian Domiciled Loan Parties (as at the date of this Agreement), Agent and the AUS-NZ Security Trustee. 
 Australian Subsidiary: Each Wholly-Owned Subsidiary of MRC incorporated or organized under the laws of Australia or any state or territory of Australia. 

Australian Swingline Commitment: $26,000,000. 
 Australian Swingline Commitment Termination Date: with respect to any Australian Swingline Loan, the date that is five Business Days prior to the Australian Revolver Commitment Termination Date.

 Australian Swingline Lender: Bank of America (Australia) or an Affiliate of Bank of America (Australia). 

Australian Swingline Loan: a Swingline Loan made by the Australian Swingline Lender to an Australian Borrower pursuant to
Section 2.1.8(a), which Swingline Loan shall be an Australian Base Rate Loan. 
 Australian Trust Fund: (a) the
sum of $10 held by the AUS-NZ Security Trustee under the Australian Security Trust Deed; (b) any other property that the AUS-NZ Security Trustee acquires or is held by the AUS-NZ Security Trustee, as trustee of the Security Trust, including
(i) all its interest in and under any Australian Facility Collateral and Loan Documents that it executes after the Australian Security Trust Deed in its capacity as trustee of the Australian Security Trust; (ii) the benefit of any
representation, warranty, undertaking or covenant under the Australian Security Agreements; (iii) any other property that represents the proceeds of sale or enforcement of any property forming part of the Australian Trust Fund; (iv) any
property representing the proceeds of any insurance claims payable to the AUS-NZ Security Trustee in that capacity; (v) any property into which any other property forming part of the Australian Trust Fund is converted or invested and the
property representing the proceeds of that property; and (vi) the proceeds of enforcement or other recovery of money under the Australian Facility Collateral and the Loan Documents. 

Availability: Australian Availability, Belgian Availability, Canadian Availability, Dutch Availability, New Zealand Availability,
Singapore Availability, UK Availability and/or U.S. Availability, as the context may require. 
 Bank of America: Bank of
America, N.A., a national banking association, and its successors and assigns. 

  
 17 

 Bank of America (Australia): Bank of America, National Association, ARBN 064 874 531
(acting through its Australia Branch). 
 Bank of America (Canada): Bank of America, N.A. (acting through its Canada
branch). 
 Bank of America (Hong Kong): Bank of America, N.A. (acting through its Hong Kong branch). 

Bank of America (London): Bank of America, N.A. (acting through its London branch). 

Bank of America (Singapore): Bank of America, N.A. (acting through its Singapore branch). 

Bank of America Indemnitees: Bank of America, Bank of America (Canada), Bank of America (London), Bank of America (Singapore),
Bank of America (Australia) and their respective officers, directors, employees, Affiliates and agents. 
 Bank Product:
any of the following products, services or facilities extended to any Borrower or any other Loan Party by a Lender or any of its Affiliates: (a) Cash Management Services; (b) products under Hedge Agreements (other than Hedge Agreements
that constitute Notes Priority Lien Debt for purposes of the Intercreditor Agreement); (c) commercial credit card, purchase card and merchant card services; and (d) other banking products or services as may be requested by any Borrower or
any other Loan Party, other than loans and letters of credit. 
 Bank Product Debt: Indebtedness and other obligations of
a Loan Party relating to Bank Products. 
 Bank Product Document: any agreement, instrument or other document entered
into in connection with any Bank Product Debt. 
 Base Rate: Canadian Base Rate, Eurasian Base Rate and/or U.S. Base
Rate, as the context requires. 
 Base Rate Loan: an Australian Base Rate Loan, Belgian Base Rate Loan, Canadian Base
Rate Loan, Dutch Base Rate Loan, New Zealand Base Rate Loan, Singapore Base Rate Loan, UK Base Rate Loan and/or U.S. Base Rate Loan, as the context requires. 
 Belgian Allocated U.S. Availability: U.S. Availability designated by the North American Loan Party Agent for application to clause (c) of a Belgian Borrowing Base. 

Belgian Availability: as of any date of determination, (a) the lesser of (i) the Belgian Revolver Commitments
minus all Belgian LC Obligations as of such date of determination and (ii) the Total Belgian Borrowing Base as of such date of determination, minus (b) the Dollar Equivalent of the principal balance of all Belgian Revolver
Loans. 
 Belgian Availability Reserves: the sum (without duplication) of (a) the aggregate amount of the Belgian
Rent Reserve, if any, established pursuant to clause (h) of the definition of Belgian Eligible Inventory; (b) the Belgian LC Reserve; (c) the Belgian Bank Product Reserve; (d) the Belgian Priority Payables Reserve; and (e) such
additional reserves, in such amounts and with respect to such matters, as the Agent may establish in its Permitted Discretion. 

  
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 Belgian Bank Product Reserve: the aggregate amount of reserves, as established by
the Agent from time to time in its Permitted Discretion and in consultation with the European Loan Party Agent, to reflect the reasonably anticipated liabilities in respect of the then outstanding Secured Bank Product Obligations of the Belgian
Domiciled Loan Parties. 
 Belgian Base Rate Loan: a Belgian Revolver Loan, or portion thereof, funded in Dollars or
Euros and bearing interest calculated by reference to the Eurasian Base Rate. 
 Belgian Borrowers: (a) the Initial
Belgian Borrower and (b) each other Belgian Subsidiary that, after the date hereof, has executed a supplement or joinder to this Agreement in accordance with Section 10.1.13 and has satisfied the other requirements set forth in
Section 10.1.13 in order to become a Belgian Borrower. 
 Belgian Borrowing Base: at any time, with respect to the
Applicable Belgian Borrower, an amount equal to the sum (expressed in Dollars, based on the Dollar Equivalent thereof) of, without duplication: 
 (a) the book value of Belgian Eligible Accounts of the Applicable Belgian Borrower multiplied by the advance rate of 85%, plus 

(b) the lesser of (i) 70% of the net book value of Belgian Eligible Inventory of the Applicable Belgian Borrower and
(ii) 85% of the Net Orderly Liquidation Value of Belgian Eligible Inventory of the Applicable Belgian Borrower (which shall be (A) net of the current monthly shrinkage reserve calculated in accordance with GAAP and (B) valued at
Cost); provided, that the net book value of Belgian Eligible Inventory and Net Orderly Liquidation Value of Belgian Eligible Inventory shall be multiplied by 50% to the extent that such Belgian Eligible Inventory is, in either case, subject
to a business pledge and not a possessory pledge, plus 
 (c) Belgian Allocated U.S. Availability for such
Applicable Belgian Borrower minus 
 (d) subject to Section 7.5, effective (i) immediately upon
or (ii) five (5) Business Days after, in the case of Belgian Availability Reserves allocable to the Applicable Belgian Borrower which would cause the aggregate amount of the Belgian Revolver Loans allocable to the Applicable Belgian
Borrower at such time to exceed the lesser of the Applicable Belgian Borrower’s Applicable Belgian Borrower Commitment and the Applicable Belgian Borrower’s Belgian Borrowing Base then in effect, in each case, notification thereof to the
European Loan Party Agent by the Agent, any and all such Belgian Availability Reserves. 
 The Belgian Borrowing Base at any time shall be
determined by reference to the most recent Borrowing Base Certificate theretofore delivered to the Agent with such adjustments as the Agent deems appropriate in its Permitted Discretion to assure that the Belgian Borrowing Base is calculated in
accordance with the terms of this Agreement. 

  
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 Belgian Cash Collateral Account: a demand deposit, money market or other account
established by Agent at Bank of America (London) or such other financial institution as Agent may select in its discretion with the consent of European Loan Party Agent (not to be unreasonably withheld or delayed), which account shall be for the
benefit of the Belgian Facility Secured Parties and shall be subject to Agent’s or European Security Trustee’s Liens securing the Belgian Facility Secured Obligations; provided that the foregoing consent of European Loan Party Agent
to the selection by Agent in its discretion of a financial institution other than Bank of America (London) shall not be required if an Event of Default has occurred and is continuing. 

Belgian Domiciled Loan Party: any Belgian Borrower and each Belgian Subsidiary now or hereafter party hereto as a Loan Party, and
“Belgian Domiciled Loan Parties” means all such Persons, collectively. 
 Belgian Dominion Account: each
special account established by the Belgian Domiciled Loan Parties at Bank of America (London) (or, subject to Section 8.1.4, HSBC), over which Agent or European Security Trustee has springing control for withdrawal purposes. 

Belgian Eligible Accounts: at any time, the Accounts of the Applicable Belgian Borrower at such date except any Account:

 (a) which is not subject to a valid Lien in favor of the Agent or European Security Trustee (including under
the relevant laws of the Account Debtor’s jurisdiction of organization); 
 (b) which is subject to any Lien
(including Liens permitted by Section 10.2.2) other than (i) a Lien in favor of the Agent or European Security Trustee and (ii) a Permitted Lien which does not have priority over the Lien in favor of the Agent; provided that,
with respect to any tax Lien having such priority, eligibility of Accounts shall be reduced by the amount of such tax Lien having such priority; 
 (c) owing by any Account Debtor with respect to which more than 120 days have elapsed since the date of the original invoice therefor or which is more than 60 days past the due date for payment;

 (d) which is owing by an Account Debtor for which more than 50% of the Accounts owing from such Account Debtor
and its Affiliates are ineligible pursuant to clause (c) above; 
 (e) which is owing by any Account Debtor
to the extent the aggregate amount of otherwise Belgian Eligible Accounts owing from such Account Debtor and its Affiliates to Belgian Borrowers exceeds 20% of the aggregate Belgian Eligible Accounts (or such higher percentage as the Agent may
establish for the Account Debtor from time to time), in each case, only to the extent of such excess; 
 (f) with
respect to which any covenant, representation, or warranty relating to such Account contained in this Agreement or a Security Document has been breached or is not true in any material respect; 

  
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 (g) which (i) does not arise from the sale of goods or performance of
services in the Ordinary Course of Business, (ii) is not evidenced by an invoice, or other documentation satisfactory to the Agent, which has been sent to the Account Debtor, (iii) represents a progress billing, (iv) is contingent
upon the Applicable Belgian Borrower’s completion of any further performance, or (v) represents a sale on a bill-and-hold, guaranteed sale, sale-and-return, sale on approval, consignment which is billed prior to actual sale to the end
user, cash-on-delivery or any other repurchase or return basis, except with respect to up to $15,000,000 of such Accounts in the aggregate for all Borrowing Bases on a combined basis; 

(h) for which the goods giving rise to such Account (other than Accounts described in the foregoing paragraph (g)(v)) have
not been shipped to the Account Debtor or for which the services giving rise to such Account have not been performed by the Applicable Belgian Borrower; 
 (i) with respect to which any check or other instrument of payment has been returned uncollected for any reason; 
 (j) which is owed by an Account Debtor in respect of which an Insolvency Proceeding has been commenced or which is otherwise a debtor or a debtor in possession under any bankruptcy law or any other
federal, state or foreign (including any province or territory) receivership, insolvency relief or other law or laws for the relief of debtors, including the Belgian bankruptcy law of 8 August 1997 and the law on the continuity of enterprises
of 31 January 2009, unless the payment of Accounts from such Account Debtor is secured by assets of, or guaranteed by, in either case, in a manner reasonably satisfactory to the Agent, a Person that is reasonably acceptable to the Agent or, if
the Account from such Account Debtor arises subsequent to a decree or order for relief with respect to such Account Debtor under the Belgian bankruptcy law of 8 August 1997 or the law on the continuity of enterprises of 31 January 2009, as
now or hereafter in effect, the Agent shall have reasonably determined that the timely payment and collection of such Account will not be impaired; 
 (k) which is owed by an Account Debtor which has failed, has suspended or ceased doing business, is liquidating, dissolving or winding up its affairs or is not Solvent; 

(l) which is owed by an Account Debtor which is not organized under the applicable law of an Eligible Account Debtor
Jurisdiction unless such Account is backed by a letter of credit or other credit support reasonably acceptable to the Agent and which is in the possession of the Agent; 

(m) which is owed in any currency other than an Eligible Account Currency; 

(n) which is owed by any Governmental Authority, unless (i) such Account is backed by a letter of credit reasonably
acceptable to the Agent and which is in the possession of the Agent or (ii) Agent otherwise approves; 

  
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 (o) which is owed by any Affiliate, employee, director, or officer of any
Loan Party; provided that portfolio companies of the Sponsor that do business with the Applicable Belgian Borrower in the Ordinary Course of Business will not be treated as Affiliates for purposes of this clause (o); 

(p) which is owed by an Account Debtor or any Affiliate of such Account Debtor which is the holder of Indebtedness issued
or incurred by any Loan Party; provided, that any such Account shall only be ineligible as to that portion of such Account which is less than or equal to the amount owed by the Loan Party to such Person; 

(q) which is subject to any counterclaim, deduction, defense, setoff, right of compensation or dispute, but only to the
extent of the amount of such counterclaim, deduction, defense, setoff, right of compensation or dispute, unless (i) the Agent, in its Permitted Discretion, has established Belgian Availability Reserves and determines to include such Account as
a Belgian Eligible Account or (ii) such Account Debtor has entered into an agreement reasonably acceptable to the Agent to waive such rights; 
 (r) which is evidenced by any promissory note, Chattel Paper or Instrument (in each case, other than any such items that are delivered to the Agent or the European Security Trustee); 

(s) which is owed by an Account Debtor located in any jurisdiction that requires, as a condition to access to the courts
of such jurisdiction, that a creditor qualify to transact business, file a business activities report or other report or form, or take one or more other actions, unless the Applicable Belgian Borrower has so qualified, filed such reports or forms,
or taken such actions (and, in each case, paid any required fees or other charges), except to the extent the Applicable Belgian Borrower may qualify subsequently as a foreign entity authorized to transact business in such jurisdiction and gain
access to such courts, without incurring any cost or penalty reasonably viewed by the Agent to be material in amount, and such later qualification cures any access to such courts to enforce payment of such Account; 

(t) with respect to which the Applicable Belgian Borrower has made any agreement with the Account Debtor for any reduction
thereof, but only to the extent of such reduction, other than discounts and adjustments given in the Ordinary Course of Business; or 
 (u) which the Agent determines is ineligible in its Permitted Discretion. 
 Subject to
Sections 14.1 and 7.5 and the definition of Belgian Borrowing Base, the Agent may modify the foregoing criteria in its Permitted Discretion. 
 Belgian Eligible Inventory: at any date of determination thereof, the aggregate amount of all Inventory owned by the Applicable Belgian Borrower at such date except any Inventory: 

  
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 (a) which is not subject to a valid Lien in favor of the Agent or European
Security Trustee (without giving effect to the 50% priority claim for unsecured creditors against the proceeds of recovery on Inventory pursuant to Applicable Law); 

(b) which is subject to any Lien (including Liens permitted by Section 10.2.2) other than (i) a Lien in favor of
the Agent or European Security Trustee and (ii) a Permitted Lien which does not have priority over the Lien in favor of the Agent or European Security Trustee (other than any bailee, warehouseman, landlord or similar non-consensual Liens having
priority by operation of law to the extent either subclause (i) or (ii) of clauses (h) or (i) below of Belgian Eligible Inventory is satisfied with respect to the relevant Inventory); provided that, with respect to any tax Lien
having such priority, eligibility of Inventory shall be reduced by the amount of such tax Lien having such priority; 
 (c) which is, in the Agent’s Permitted Discretion, slow moving, obsolete, unmerchantable, defective, unfit for sale, not salable at prices approximating at least the cost of such Inventory in the
Ordinary Course of Business or unacceptable due to age, type, category and/or quantity; 
 (d) with respect to
which any covenant, representation or warranty contained in this Agreement or any Security Document has been breached or is not true in any material respect; 
 (e) which does not conform in all material respects to all standards imposed by any applicable Governmental Authority (except that any standard that is qualified as to “materiality” shall have
been conformed to in all respects); 
 (f) which constitutes packaging and shipping material, manufacturing
supplies, display items, bill-and-hold goods (other than bill-and-hold goods, the sale of which has been excluded from Belgian Eligible Accounts pursuant to clause (g)(v) of the definition thereof), returned or repossessed goods (other than goods
that are undamaged and able to be resold in the Ordinary Course of Business), defective goods, goods held on consignment, goods to be returned to the Applicable Belgian Borrower’s suppliers or goods which are not of a type held for sale in the
Ordinary Course of Business; 
 (g) which is not located in Belgium or is not at a location listed on
Schedule 8.4.1 (as updated from time to time in accordance with the provisions hereof) other than goods in transit between locations of the Belgian Domiciled Loan Parties; 

(h) which is located, at any time after the Temporary Eligibility Period, in any location leased by the Applicable Belgian
Borrower unless (i) the lessor has delivered to the Agent a Collateral Access Agreement or (ii) a Belgian Rent Reserve has been established by the Agent; 

(i) which is located, at any time after the Temporary Eligibility Period, in any third party warehouse or is in the
possession of a bailee, processor or other Person and is not evidenced by a Document, unless (i) such warehouseman, bailee, processor or other Person has delivered to the Agent a Collateral Access Agreement and/or such other documentation as
the Agent may reasonably require or (ii) appropriate Belgian Availability Reserves have been established by the Agent in its Permitted Discretion; 

  
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 (j) which is the subject of a consignment by the Applicable Belgian Borrower
as consignor; 
 (k) which is perishable as determined in accordance with GAAP; or 

(l) which contains or bears any intellectual property rights licensed to the Applicable Belgian Borrower unless the Agent
is satisfied that it may sell or otherwise dispose of such Inventory without (i) infringing the rights of such licensor in any material respect or (ii) incurring any material liability with respect to payment of royalties other than
royalties incurred pursuant to sale of such Inventory under the current licensing agreement. 
 Subject to Sections 14.1
and 7.5 and the definition of Belgian Borrowing Base, the Agent may modify the foregoing criteria in its Permitted Discretion. 

Belgian Facility Collateral: Collateral that now or hereafter secures (or is intended to secure) any of the Belgian Facility
Secured Obligations, including Property of the U.S. Domiciled Loan Parties pledged to secure the Belgian Facility Secured Obligations under their guarantee of the Secured Obligations. 

Belgian Facility Guarantor: each U.S. Borrower, each U.S. Facility Guarantor and each other Person (if any) who guarantees payment
and performance of any Belgian Facility Secured Obligations. 
 Belgian Facility Loan Party: a Belgian Borrower or a
Belgian Facility Guarantor. 
 Belgian Facility Obligations: all Obligations of the Belgian Facility Loan Parties,
including, following the Foreign Cross-Guarantee Date for any Belgian Facility Loan Party, the other Foreign Facility Obligations that are the subject of such Foreign Cross-Guarantee (but excluding, for the avoidance of doubt, the Obligations of the
U.S. Domiciled Loan Parties as guarantors of any U.S. Facility Obligations). 
 Belgian Facility Secured Obligations: all
Secured Obligations of the Belgian Facility Loan Parties, including, following the Foreign Cross-Guarantee Date for any Belgian Facility Loan Party, the other Foreign Facility Secured Obligations that are the subject of such Foreign Cross-Guarantee
(but excluding, for the avoidance of doubt, the Obligations of the U.S. Domiciled Loan Parties as guarantors of any U.S. Facility Secured Obligations). 
 Belgian Facility Secured Parties: Agent, European Security Trustee, any Belgian Fronting Bank, Belgian Lenders and Secured Bank Product Providers of Bank Products to Belgian Domiciled Loan Parties,
and, following the Foreign Cross-Guarantee Date for any Belgian Domiciled Loan Party, the other Secured Parties that are the beneficiaries of such Foreign Cross-Guarantee. 

  
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 Belgian Fronting Bank: (a) Bank of America (London) or any Affiliate thereof
that agrees to issue Belgian Letters of Credit, (b) if reasonably acceptable to European Loan Party Agent, any other Belgian Lender or Affiliate thereof that agrees to issue Belgian Letters of Credit, or (c) if requested by European Loan
Party Agent and subject to Section 2.10, a Non-Lender Fronting Bank that agrees to issue Belgian Letters of Credit. 

Belgian Fronting Bank Indemnitees: any Belgian Fronting Bank and its officers, directors, employees, Affiliates and agents.

 Belgian LC Application: an application by any Belgian Borrower on behalf of itself or any other Belgian Borrower to a
Belgian Fronting Bank for issuance of a Belgian Letter of Credit, in form and substance reasonably satisfactory to such Belgian Fronting Bank. 
 Belgian LC Conditions: the following conditions necessary for issuance of a Belgian Letter of Credit: (a) each of the conditions set forth in Section 6 being satisfied or waived;
(b) after giving effect to such issuance, the total Ex-NA LC Obligations do not exceed the Ex-NA Letter of Credit Sublimit, no Belgian Overadvance exists or would result therefrom and, in the case of any Belgian Borrower, Section 2.11 is
satisfied; (c) the expiration date of such Belgian Letter of Credit is (i) no more than 365 days from issuance (provided that each Belgian Letter of Credit may, upon the request of the Applicable Belgian Borrower, include a
provision whereby such Letter of Credit shall be renewed automatically for additional consecutive periods of twelve (12) months or less (but no later than 20 Business Days prior to the Facility Termination Date)), and (ii) unless the
applicable Belgian Fronting Bank and the Agent otherwise consent (subject to the satisfaction of the Cash Collateral requirements set forth in Section 2.3.3), at least 20 Business Days prior to the Facility Termination Date; (d) the
Belgian Letter of Credit and payments thereunder are denominated in Euros or Dollars; (e) the form of the proposed Belgian Letter of Credit is reasonably satisfactory to the Agent and the applicable Belgian Fronting Bank; and (f) the
proposed use of the Belgian Letter of Credit is for a lawful purpose. 
 Belgian LC Documents: all documents, instruments
and agreements (including Belgian LC Requests and Belgian LC Applications) delivered by any Belgian Borrower or by any other Person to a Belgian Fronting Bank or the Agent in connection with issuance, amendment or renewal of, or payment under, any
Belgian Letter of Credit. 
 Belgian LC Obligations: with respect to the Applicable Belgian Borrower, the Dollar
Equivalent of the sum (without duplication) of (a) all amounts owing by such Applicable Belgian Borrower for any drawings under Belgian Letters of Credit; (b) the stated amount of all outstanding Belgian Letters of Credit issued for the
account of such Applicable Belgian Borrower; and (c) all fees and other amounts owing with respect to such Belgian Letters of Credit. 
 Belgian LC Request: a request for issuance of a Belgian Letter of Credit, to be provided by a Belgian Borrower to a Belgian Fronting Bank, in form reasonably satisfactory to Agent and such Belgian
Fronting Bank. 
 Belgian LC Reserve: with respect to the Applicable Belgian Borrower, the aggregate of all Belgian LC
Obligations of such Applicable Belgian Borrower, other than (a) those that have been Cash Collateralized and (b) if no Event of Default exists, those constituting charges owing to any Belgian Fronting Bank. 

  
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 Belgian Lenders: Bank of America (London) and each other Lender that has issued a
Belgian Revolver Commitment (provided that such Person or an Affiliate of such Person also has a U.S. Revolver Commitment). 
 Belgian Letter of Credit: any standby or documentary letter of credit issued by a Belgian Fronting Bank for the account of a Belgian Borrower, or any indemnity, guarantee, exposure transmittal
memorandum or similar form of credit support issued by Agent or a Belgian Fronting Bank for the benefit of a Belgian Borrower. 

Belgian Overadvance: as defined in Section 2.1.5(b). 

Belgian Overadvance Loan: a Loan made to a Belgian Borrower when a Belgian Overadvance exists or is caused by the funding thereof.

 Belgian Overadvance Loan Balance: on any date, the Dollar Equivalent of the amount by which the aggregate Belgian
Revolver Loans of the Applicable Belgian Borrower or all Belgian Borrowers, as the case may be, exceed the amount of the Belgian Borrowing Base of such Applicable Belgian Borrower or the Total Belgian Borrowing Base, as applicable, on such date.

 Belgian Priority Payables Reserve: on any date of determination, a reserve in such amount as Agent may determine in
its Permitted Discretion which reflects amounts secured by any Liens, choate or inchoate, which rank or are capable of ranking in priority to the Agent’s and/or the Secured Parties’ Liens and/or for amounts which may represent costs
relating to the enforcement of the Agent’s or European Security Trustee’s Liens. 
 Belgian Protective
Advances: as defined in Section 2.1.6(b). 
 Belgian Reimbursement Date: as defined in Section 2.3.2(a).

 Belgian Rent Reserve: the aggregate of (a) all past due rent and other past due charges owing by any Belgian
Borrower to any landlord or other Person who possesses any Belgian Facility Collateral or could assert a Lien on such Belgian Facility Collateral; plus (b) a reserve in an amount not to exceed rent and other charges that could be payable
to any such Person for the time period used to determine the Net Orderly Liquidation Value of Belgian Facility Collateral. 

Belgian Revolver Commitment: for any Belgian Lender, its obligation to make Belgian Revolver Loans and to issue Belgian Letters of
Credit, in the case of any Belgian Fronting Bank, or participate in Belgian LC Obligations, in the case of the other Belgian Lenders, to the Belgian Borrowers up to the maximum principal amount shown on Schedule 2.1.1(b), or as hereafter
determined pursuant to each Assignment and Acceptance to which it is a party, as such Belgian Revolver Commitment may be adjusted from time to time in accordance with the provisions of Sections 2.1.4, 2.1.7 or 11.1. “Belgian Revolver
Commitments” means the aggregate amount of such commitments of all Belgian Lenders. 
 Belgian Revolver Commitment
Increase: as defined in Section 2.1.7(b). 

  
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 Belgian Revolver Commitment Termination Date: the earliest of (a) the U.S.
Revolver Commitment Termination Date (without regard to the reason therefor), (b) the date on which the European Loan Party Agent terminates or reduces to zero all of the Belgian Revolver Commitments pursuant to Section 2.1.4, and
(c) the date on which the Belgian Revolver Commitments are terminated pursuant to Section 11.1. From and after the Belgian Revolver Commitment Termination Date, the Belgian Borrowers shall no longer be entitled to request a Belgian
Revolver Commitment Increase pursuant to Section 2.1.7 hereof. 
 Belgian Revolver Exposure: on any date, the Dollar
Equivalent of an amount equal to the sum of (a) the Belgian Revolver Loans outstanding on such date and (b) the Belgian LC Obligations on such date. 
 Belgian Revolver Loan: a Revolver Loan made by Belgian Lenders to a Belgian Borrower pursuant to Section 2.1.1(b), which Revolver Loan shall be denominated in Euros or Dollars and either a
LIBOR Loan or a Belgian Base Rate Loan, in each case as selected by Applicable Belgian Borrower, and including any Belgian Swingline Loan, Belgian Overadvance Loan or Belgian Protective Advance. 

Belgian Revolver Notes: the promissory notes, if any, executed by Belgian Borrowers in favor of each Belgian Lender to evidence
the Belgian Revolver Loans funded from time to time by such Belgian Lender, which shall be in the form of Exhibit C-2 to this Agreement, together with any replacement or successor notes therefor. 

Belgian Security Agreements: each pledge agreement (including, without limitation, a business pledge, a business pledge mandate, a
bank accounts pledge, a receivables pledge (whether disclosed or undisclosed) and an inventory pledge, as the case may be) or security agreement among any Belgian Domiciled Loan Party and Agent or European Security Trustee. 

Belgian Subsidiary: Each Wholly-Owned Subsidiary of MRC incorporated and organized under the laws of Belgium. 

Belgian Swingline Commitment: $3,500,000. 
 Belgian Swingline Commitment Termination Date: with respect to any Belgian Swingline Loan, the date that is five Business Days prior to the Belgian Revolver Commitment Termination Date. 

Belgian Swingline Lender: Bank of America (London) or an Affiliate of Bank of America (London). 

Belgian Swingline Loan: a Swingline Loan made by the Belgian Swingline Lender to a Belgian Borrower pursuant to
Section 2.1.8(b), which Swingline Loan shall be a Belgian Base Rate Loan. 
 Board of Governors: the Board of
Governors of the Federal Reserve System. 
 Borrower and Borrowers: as defined in the preamble to this Agreement.

  
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 Borrower Group: a group consisting of (a) the Australian Borrowers,
(b) the Belgian Borrowers, (c) the Canadian Borrowers, (d) the Dutch Borrowers, (e) the New Zealand Borrowers, (f) the Singapore Borrowers, (g) the UK Borrowers, or (h) the U.S. Borrowers, as the context requires.

 Borrower Group Commitment: with respect to the commitment of (a) an Australian Lender, its Australian Revolver
Commitment, (b) a Belgian Lender, its Belgian Revolver Commitment, (c) a Canadian Lender, its Canadian Revolver Commitment, (d) a Dutch Lender, its Dutch Revolver Commitment, (e) a New Zealand Lender, its New Zealand Revolver
Commitment, (f) a Singapore Lender, its Singapore Revolver Commitment, (g) a UK Lender, its UK Revolver Commitment, and (h) a U.S. Lender, its U.S. Revolver Commitment. The term “Borrower Group Commitments” means
(i) the Borrower Group Commitment of all Australian Lenders, (ii) the Borrower Group Commitment of all Belgian Lenders, (iii) the Borrower Group Commitment of all Canadian Lenders, (iv) the Borrower Group Commitment of all Dutch
Lenders, (v) the Borrower Group Commitment of all New Zealand Lenders, (vi) the Borrower Group Commitment of all Singapore Lenders, (vii) the Borrower Group Commitment of all UK Lenders, or (viii) the Borrower Group Commitment of
all U.S. Lenders, as the context requires. To the extent any Lender has more than one Borrower Group Commitment, each such Commitment shall be considered as a separate Commitment for purposes of this definition. 

Borrowing: a group of Loans of one Type that are made on the same day or are converted into Loans of one Type on the same day.

 Borrowing Base: (a) the Total Australian Borrowing Base, (b) an Australian Borrowing Base,
(c) the Total Belgian Borrowing Base, (d) a Belgian Borrowing Base, (e) the Total Canadian Borrowing Base, (f) a Canadian Borrowing Base, (g) the Total Dutch Borrowing Base, (h) a Dutch Borrowing Base, (i) the
Total New Zealand Borrowing Base, (j) a New Zealand Borrowing Base, (k) the Total Singapore Borrowing Base, (l) a Singapore Borrowing Base, (m) the Total UK Borrowing Base, (n) a UK Borrowing Base, and/or (o) the U.S.
Borrowing Base, as the context requires. 
 Borrowing Base Certificate: a certificate, executed by a Senior
Officer of the Asian Loan Party Agent, the European Loan Party Agent or the North American Loan Party Agent, as applicable, in the form of (a) Exhibit B-1 with respect to any Australian Borrowing Base, (b) Exhibit B-2 with
respect to any Belgian Borrowing Base, (c) Exhibit B-3 with respect to any Canadian Borrowing Base, (d) Exhibit B-4 with respect to any Dutch Borrowing Base, (e) Exhibit B-5 with respect to any UK Borrowing Base,
and (f) Exhibit B-6 with respect to the U.S. Borrowing Base, in each case, with such changes as may be agreed to by such Loan Party Agent and Agent, setting forth the Borrowers’ calculation of their respective Borrowing Base. The
form of Borrowing Base Certificate for the New Zealand Borrowing Base and the Singapore Borrowing Base will be specified in the joinder documentation for the New Zealand Borrowers and the Singapore Borrowers, respectively. 

Business Day: any day excluding Saturday, Sunday and any other day that is a legal holiday under the laws of the State of North
Carolina or the State of New York or is a day on which banking institutions located in such state are closed; and when used with reference to (a) a LIBOR Loan, the term shall also exclude any day on which banks are not open for the

  
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transaction of banking business in London, England, (b) an Australian Revolver Loan, shall also exclude a day on which banks in Sydney, New South Wales, Australia and Hong Kong are not open
for the transaction of banking business, (c) a Belgian Revolver Loan, a Dutch Revolver Loan or a UK Revolver Loan, shall also exclude any day (i) on which banks are not open for the transaction of banking business in London, England and in
the principal financial center for the applicable country and (ii) in respect of any such Revolver Loan denominated in Euros, any day that is not a TARGET Day, (d) a Canadian Revolver Loan, shall also exclude a day on which banks in
Toronto, Ontario, Canada are not open for the transaction of banking business, (e) a New Zealand Revolver Loan, shall also exclude a day on which banks in (i) Auckland and Wellington, New Zealand, (ii) Sydney, New South Wales,
Australia and (iii) Hong Kong are not open for the transaction of banking business, and (iv) a Singapore Revolver Loan, shall also exclude a day on which banks in Singapore and Hong Kong are not open for the transaction of banking
business. 
 Canadian Allocated U.S. Availability: U.S. Availability designated by the North American Loan Party Agent
for application to clause (c) of a Canadian Borrowing Base. 
 Canadian Availability: as of any date of
determination, (a) the lesser of (i) the Canadian Revolver Commitments minus all Canadian LC Obligations as of such date of determination and (ii) the Total Canadian Borrowing Base as of such date of determination, minus
(b) the Dollar Equivalent of the principal balance of all Canadian Revolver Loans. 
 Canadian Availability
Reserves: the sum (without duplication) of (a) the aggregate amount of the Canadian Rent Reserve, if any, established pursuant to clause (h) of the definition of Canadian Eligible Inventory; (b) the Canadian LC Reserve;
(c) the Canadian Bank Product Reserve; (d) the Canadian Priority Payables Reserve; and (e) such additional reserves, in such amounts and with respect to such matters, as the Agent may establish in its Permitted Discretion. 

Canadian BA Rate: with respect to each Interest Period for a Canadian BA Rate Loan, the rate of interest per annum equal to the
average rate applicable to Canadian Dollar Bankers’ Acceptances having an identical or comparable term as the proposed Canadian BA Rate Loan displayed and identified as such on the display referred to as the “CDOR Page” (or any
display substituted therefor) of Reuter Monitor Money Rates Service as at approximately 10:00 a.m. Toronto time on such day (or, if such day is not a Business Day, as of 10:00 a.m. Toronto time on the immediately preceding Business Day), plus
five (5) basis points, provided that if such rate does not appear on the CDOR Page at such time on such date, the rate for such date will be the annual discount rate (rounded upward to the nearest whole multiple of 1/100 of 1%) as of
10:00 a.m. Eastern time on such day at which a Canadian chartered bank listed on Schedule 1 of the Bank Act (Canada) as selected by Agent is then offering to purchase Canadian Dollar Bankers’ Acceptances accepted by it having such
specified term (or a term as closely as possible comparable to such specified term), plus five (5) basis points. 

Canadian BA Rate Loan: a Canadian Revolver Loan, or portion thereof, funded in Canadian Dollars and bearing interest calculated by
reference to the Canadian BA Rate. 
 Canadian Bank Product Reserve: the aggregate amount of reserves, as established by
the Agent from time to time in its Permitted Discretion and in consultation with the North American Loan Party Agent, to reflect the reasonably anticipated liabilities in respect of the then outstanding Secured Bank Product Obligations of the
Canadian Domiciled Loan Parties. 

  
 29 

 Canadian Base Rate: on any date, the highest of (i) a fluctuating rate of
interest per annum equal to the rate of interest in effect for such day as publicly announced from time to time by Bank of America (Canada) as its “Base Rate”, (ii) the sum of 0.50% plus the Federal Funds Rate for such day, and
(iii) the sum of 1.00% plus the LIBOR rate for a thirty (30) day Interest Period as determined on such day. The “Base Rate” is a rate set by Bank of America (Canada) based upon various factors including Bank of America
(Canada)’s costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans made in Dollars in Canada, which may be priced at, above, or below such announced rate. Any change in
such rate shall take effect at the opening of business on the day of such change. In the event Bank of America (Canada) (including any successor or assignee) does not at any time announce a “Base Rate”, clause (i) of Canadian Base
Rate shall mean the “Base Rate” (being the rate for loans made in Dollars in Canada) publicly announced by a Canadian Schedule 1 Chartered Bank selected by Agent. 

Canadian Base Rate Loan: a Canadian Revolver Loan, or portion thereof, funded in Dollars and bearing interest calculated by
reference to the Canadian Base Rate. 
 Canadian Borrowers: (a) the Initial Canadian Borrower and (b) each
other Canadian Subsidiary that, after the date hereof, has executed a supplement or joinder to this Agreement in accordance with Section 10.1.13 and has satisfied the other requirements set forth in Section 10.1.13 in order to become a
Canadian Borrower. 
 Canadian Borrowing Base: at any time, with respect to the Applicable Canadian Borrower, an amount
equal to the sum (expressed in Dollars, based on the Dollar Equivalent thereof) of, without duplication: 
 (a)
the book value of Canadian Eligible Accounts of the Applicable Canadian Borrower multiplied by the advance rate of 85%, plus 
 (b) the lesser of (i) 70% of the net book value of Canadian Eligible Inventory of the Applicable Canadian Borrower (adding back the LIFO reserve calculated in accordance with GAAP) and (ii) 85%
of the Net Orderly Liquidation Value of Canadian Eligible Inventory of the Applicable Canadian Borrower (which shall be (A) net of the current monthly shrinkage reserve calculated in accordance with GAAP and (B) valued at Cost),
plus 
 (c) Canadian Allocated U.S. Availability for such Applicable Canadian Borrower, minus

 (d) subject to Section 7.5, effective (i) immediately upon or (ii) five (5) Business Days
after, in the case of Canadian Availability Reserves allocable to the Applicable Canadian Borrower which would cause the aggregate amount of the Canadian Revolver Loans allocable to the Applicable Canadian Borrower at such time to exceed the lesser
of the Applicable Canadian Borrower’s Applicable Canadian Borrower Commitment and the Applicable Canadian Borrower’s Canadian Borrowing Base then in effect, in each case, notification thereof to the North American Loan Party Agent by the
Agent, any and all such Canadian Availability Reserves. 

  
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 The Canadian Borrowing Base at any time shall be determined by reference to the most recent Borrowing Base
Certificate theretofore delivered to the Agent with such adjustments as the Agent deems appropriate in its Permitted Discretion to assure that the Canadian Borrowing Base is calculated in accordance with the terms of this Agreement. 

Canadian Cash Collateral Account: a demand deposit, money market or other account established by Agent at Bank of America (Canada)
or such other financial institution as Agent may select in its discretion with the consent of North American Loan Party Agent (not to be unreasonably withheld or delayed), which account shall be for the benefit of the Canadian Facility Secured
Parties and shall be subject to Agent’s Liens securing the Canadian Facility Secured Obligations; provided that the foregoing consent of North American Loan Party Agent to the selection by Agent in its discretion of a financial
institution other than Bank of America (Canada) shall not be required if an Event of Default has occurred and is continuing. 

Canadian Dollars or Cdn$: the lawful currency of Canada. 

Canadian Domiciled Loan Party: any Canadian Borrower and each Canadian Subsidiary now or hereafter party hereto as a Loan Party,
and “Canadian Domiciled Loan Parties” means all such Persons, collectively. 
 Canadian Dominion
Account: each special account established by the Canadian Domiciled Loan Parties at Bank of America (Canada) or another bank acceptable to Agent, over which Agent has exclusive control for withdrawal purposes. 

Canadian Eligible Accounts: at any time, the Accounts of the Applicable Canadian Borrower at such date except any Account:

 (a) which is not subject to a duly perfected and opposable Lien in favor of the Agent; 

(b) which is subject to any Lien (including Liens permitted by Section 10.2.2) other than (i) a Lien in favor of
the Agent and (ii) a Permitted Lien which does not have priority over the Lien in favor of the Agent; provided that, with respect to any tax Lien having such priority, eligibility of Accounts shall be reduced by the amount of such tax
Lien having such priority; 
 (c) owing by any Account Debtor with respect to which more than 120 days have
elapsed since the date of the original invoice therefor or which is more than 60 days past the due date for payment; 
 (d) which is owing by an Account Debtor for which more than 50% of the Accounts owing from such Account Debtor and its Affiliates are ineligible pursuant to clause (c) above; 

  
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 (e) which is owing (i) by Canadian Natural Resources Limited and its
Affiliates to the extent the aggregate amount of otherwise Canadian Eligible Accounts owing from Canadian Natural Resources Limited and its Affiliates to Canadian Borrowers exceeds 30% of the aggregate Canadian Eligible Accounts or (ii) by any
other Account Debtor to the extent the aggregate amount of otherwise Canadian Eligible Accounts owing from such Account Debtor and its Affiliates to Canadian Borrowers exceeds 20% of the aggregate Canadian Eligible Accounts (or such higher
percentage as the Agent may establish for the Account Debtor from time to time), in each case, only to the extent of such excess; 
 (f) with respect to which any covenant, representation or warranty relating to such Account contained in this Agreement or a Security Document has been breached or is not true in any material respect;

 (g) which (i) does not arise from the sale of goods or performance of services in the Ordinary Course of
Business, (ii) is not evidenced by an invoice, or other documentation satisfactory to the Agent, which has been sent to the Account Debtor, (iii) represents a progress billing, (iv) is contingent upon the Applicable Canadian
Borrower’s completion of any further performance, or (v) represents a sale on a bill-and-hold, guaranteed sale, sale-and-return, sale on approval, consignment which is billed prior to actual sale to the end user, cash-on-delivery or any
other repurchase or return basis, except with respect to up to $15,000,000 of such Accounts in the aggregate for all Borrowing Bases on a combined basis; 
 (h) for which the goods giving rise to such Account (other than Accounts described in the foregoing paragraph (g)(v)) have not been shipped to the Account Debtor or for which the services giving rise to
such Account have not been performed by the Applicable Canadian Borrower; 
 (i) with respect to which any check
or other instrument of payment has been returned uncollected for any reason; 
 (j) which is owed by an Account
Debtor in respect of which an Insolvency Proceeding has been commenced or which is otherwise a debtor or a debtor in possession under any bankruptcy law or any other federal, state or foreign (including any province or territory) receivership,
insolvency relief or other law or laws for the relief of debtors, including the Bankruptcy and Insolvency Act (Canada) and the CCAA, unless the payment of Accounts from such Account Debtor is secured by assets of, or guaranteed by, in either case,
in a manner reasonably satisfactory to the Agent, a Person that is reasonably acceptable to the Agent or, if the Account from such Account Debtor arises subsequent to a decree or order for relief with respect to such Account Debtor under the
Bankruptcy and Insolvency Act (Canada) or the CCAA, as now or hereafter in effect, the Agent shall have reasonably determined that the timely payment and collection of such Account will not be impaired; 

  
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 (k) which is owed by an Account Debtor which has failed, has suspended or
ceased doing business, is liquidating, dissolving or winding up its affairs or is not Solvent; 
 (l) which is
owed by an Account Debtor which is not organized under the applicable law of the U.S. or Canada, any state of the U.S. or any province or territory of Canada and does not have its principal place of business in the U.S. or Canada unless such Account
is backed by a letter of credit or other credit support reasonably acceptable to the Agent and which is in the possession of the Agent; 
 (m) which is owed in any currency other than Dollars or Canadian Dollars; 
 (n) which is owed by any Governmental Authority, unless (i) the Account Debtor is the United States or any department, agency or instrumentality thereof, and the Account has been assigned to the
Agent in compliance with the U.S. Assignment of Claims Act, and any other steps necessary to perfect or render opposable the Lien of the Agent in such Account have been complied with to the Agent’s reasonable satisfaction, (ii) the Account
Debtor is the government of Canada or a province or territory thereof, and the Account has been assigned to the Agent in compliance with the Financial Administration Act (or similar Applicable Law of such province or territory), and any other steps
necessary to perfect or render opposable the Lien of the Agent in such Account have been complied with to the Agent’s reasonable satisfaction, or (iii) such Account is backed by a letter of credit reasonably acceptable to the Agent and
which is in the possession of the Agent; 
 (o) which is owed by any Affiliate, employee, director, or officer of
any Loan Party; provided that portfolio companies of the Sponsor that do business with the Applicable Canadian Borrower in the Ordinary Course of Business will not be treated as Affiliates for purposes of this clause (o); 

(p) which is owed by an Account Debtor or any Affiliate of such Account Debtor which is the holder of Indebtedness issued
or incurred by any Loan Party; provided, that any such Account shall only be ineligible as to that portion of such Account which is less than or equal to the amount owed by the Loan Party to such Person; 

(q) which is subject to any counterclaim, deduction, defense, setoff, right of compensation or dispute, but only to the
extent of the amount of such counterclaim, deduction, defense, setoff, right of compensation or dispute, unless (i) the Agent, in its Permitted Discretion, has established Canadian Availability Reserves and determines to include such Account as
a Canadian Eligible Account or (ii) such Account Debtor has entered into an agreement reasonably acceptable to the Agent to waive such rights; 
 (r) which is evidenced by any promissory note, Chattel Paper or Instrument (in each case, other than any such items that are delivered to the Agent); 

  
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 (s) which is owed by an Account Debtor located in any jurisdiction that
requires, as a condition to access to the courts of such jurisdiction, that a creditor qualify to transact business, file a business activities report or other report or form, or take one or more other actions, unless the Applicable Canadian
Borrower has so qualified, filed such reports or forms, or taken such actions (and, in each case, paid any required fees or other charges), except to the extent the Applicable Canadian Borrower may qualify subsequently as a foreign entity authorized
to transact business in such jurisdiction and gain access to such courts, without incurring any cost or penalty reasonably viewed by the Agent to be material in amount, and such later qualification cures any access to such courts to enforce payment
of such Account; 
 (t) with respect to which the Applicable Canadian Borrower has made any agreement with the
Account Debtor for any reduction thereof, but only to the extent of such reduction, other than discounts and adjustments given in the Ordinary Course of Business; or 

(u) which the Agent determines is ineligible in its Permitted Discretion. 

Subject to Sections 14.1 and 7.5 and the definition of Canadian Borrowing Base, the Agent may modify the foregoing criteria in its Permitted
Discretion. 
 Canadian Eligible Inventory: at any date of determination thereof, the aggregate amount of all Inventory
owned by the Applicable Canadian Borrower at such date except any Inventory: 
 (a) which is not subject to a
duly perfected and opposable Lien in favor of the Agent; 
 (b) which is subject to any Lien (including Liens
permitted by Section 10.2.2) other than (i) a Lien in favor of the Agent and (ii) a Permitted Lien which does not have priority over the Lien in favor of the Agent (other than any bailee, warehouseman, landlord or similar
non-consensual Liens having priority by operation of law to the extent either subclause (i) or (ii) of clauses (h) or (i) below of Canadian Eligible Inventory is satisfied with respect to the relevant Inventory); provided that,
with respect to any tax Lien having such priority, eligibility of Inventory shall be reduced by the amount of such tax Lien having such priority; 
 (c) which is, in the Agent’s Permitted Discretion, slow moving, obsolete, unmerchantable, defective, unfit for sale, not salable at prices approximating at least the cost of such Inventory in the
Ordinary Course of Business or unacceptable due to age, type, category and/or quantity; 
 (d) with respect to
which any covenant, representation or warranty contained in this Agreement or any Security Document has been breached or is not true in any material respect; 
 (e) which does not conform in all material respects to all standards imposed by any applicable Governmental Authority (except that any standard that is qualified as to “materiality” shall have
been conformed to in all respects); 

  
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 (f) which constitutes packaging and shipping material, manufacturing
supplies, display items, bill-and-hold goods (other than bill-and-hold goods, the sale of which has been excluded from Canadian Eligible Accounts pursuant to clause (g)(v) of the definition thereof), returned or repossessed goods (other than goods
that are undamaged and able to be resold in the Ordinary Course of Business), defective goods, goods held on consignment, goods to be returned to the Applicable Canadian Borrower’s suppliers or goods which are not of a type held for sale in the
Ordinary Course of Business; 
 (g) which is not located in Canada or the United States or is not at a location
listed on Schedule 8.4.1 (as updated from time to time in accordance with the provisions hereof) other than goods in transit between locations of the Canadian Domiciled Loan Parties; 

(h) which is located in any location leased by the Applicable Canadian Borrower unless (i) the lessor has delivered
to the Agent a Collateral Access Agreement or (ii) a Canadian Rent Reserve has been established by the Agent; 
 (i) which is located in any third party warehouse or is in the possession of a bailee, processor or other Person and is not evidenced by a Document, unless (i) such warehouseman, bailee, processor or
other Person has delivered to the Agent a Collateral Access Agreement and/or such other documentation as the Agent may reasonably require or (ii) appropriate Canadian Availability Reserves have been established by the Agent in its Permitted
Discretion; 
 (j) which is the subject of a consignment by the Applicable Canadian Borrower as consignor unless
(i) a protective PPSA financing statement has been properly filed against the consignee (as assigned to the Agent), and (ii) there is a written agreement acknowledging that such Inventory is held on consignment, that the Applicable
Canadian Borrower retains title to such Inventory, that no Lien arising by, through or under such consignment has attached or will attach to such Inventory (and proceeds thereof) and requiring consignee to segregate the consigned Inventory from the
consignee’s other personal or movable property; 
 (k) which is perishable as determined in accordance with
GAAP; or 
 (l) which contains or bears any intellectual property rights licensed to the Applicable Canadian
Borrower unless the Agent is satisfied that it may sell or otherwise dispose of such Inventory without (i) infringing the rights of such licensor in any material respect or (ii) incurring any material liability with respect to payment of
royalties other than royalties incurred pursuant to sale of such Inventory under the current licensing agreement. 
 Subject to
Sections 14.1 and 7.5 and the definition of Canadian Borrowing Base, the Agent may modify the foregoing criteria in its Permitted Discretion. 

  
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 Canadian Employee Plan: any employee benefit plan, policy, program, agreement or
arrangement, including retirement, pension, profit sharing, employment, bonus or other incentive compensation, retention, stock purchase, equity or equity-based compensation, deferred compensation, change in control, severance, sick leave, vacation,
loans, salary continuation, hospitalization, health, life insurance, educational assistance or other fringe benefit or perquisite plan, policy, agreement which is or was sponsored, maintained or contributed to by, or required to be contributed to
by, a Canadian Domiciled Loan Party, or with respect to which a Canadian Domiciled Loan Party has, or could reasonably be expected to have, any obligation or liability, contingent or otherwise, but excluding the Canada Pension Plan, Quebec Pension
Plan and any provincial or federal program providing health benefits, employment insurance or workers’ compensation benefits. 
 Canadian Facility Collateral: Collateral that now or hereafter secures (or is intended to secure) any of the Canadian Facility Secured Obligations, including Property of the U.S. Domiciled Loan
Parties pledged to secure the Canadian Facility Secured Obligations under their guarantee of the Secured Obligations. 

Canadian Facility Guarantor: each U.S. Borrower, each U.S. Facility Guarantor and each other Person (if any) who guarantees
payment and performance of any Canadian Facility Secured Obligations. 
 Canadian Facility Loan Party: a Canadian
Borrower or a Canadian Facility Guarantor. 
 Canadian Facility Obligations: all Obligations of the Canadian Facility
Loan Parties, including, following the Foreign Cross-Guarantee Date for any Canadian Facility Loan Party, the other Foreign Facility Obligations that are the subject of such Foreign Cross-Guarantee (but excluding, for the avoidance of doubt, the
Obligations of the U.S. Domiciled Loan Parties as guarantors of any U.S. Facility Obligations). 
 Canadian Facility Secured
Obligations: all Secured Obligations of the Canadian Facility Loan Parties, including, following the Foreign Cross-Guarantee Date for any Canadian Facility Loan Party, the other Foreign Facility Secured Obligations that are the subject of such
Foreign Cross-Guarantee (but excluding, for the avoidance of doubt, the Obligations of the U.S. Domiciled Loan parties as guarantors of any U.S. Facility Secured Obligations). 
 Canadian Facility Secured Parties: Agent, any Canadian Fronting Bank, Canadian Lenders and Secured Bank Product Providers of Bank Products to Canadian Domiciled Loan Parties, and, following the
Foreign Cross-Guarantee Date for any Canadian Domiciled Loan Party, the other Secured Parties that are the beneficiaries of such Foreign Cross-Guarantee. 
 Canadian Fronting Bank: Bank of America (Canada) or any Affiliate thereof that agrees to issue Canadian Letters of Credit or, if reasonably acceptable to North American Loan Party Agent, any other
Canadian Lender or Affiliate thereof that agrees to issue Canadian Letters of Credit. 
 Canadian Fronting Bank
Indemnitees: any Canadian Fronting Bank and its officers, directors, employees, Affiliates and agents. 

  
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 Canadian LC Application: an application by any Canadian Borrower on behalf of itself
or any other Canadian Borrower to a Canadian Fronting Bank for issuance of a Canadian Letter of Credit, in form and substance reasonably satisfactory to such Canadian Fronting Bank. 

Canadian LC Conditions: the following conditions necessary for issuance of a Canadian Letter of Credit: (a) each of the
conditions set forth in Section 6 being satisfied or waived; (b) after giving effect to such issuance, the total Canadian LC Obligations do not exceed the Canadian Letter of Credit Sublimit, no Canadian Overadvance exists or would result
therefrom and, in the case of any Canadian Borrower, Section 2.11 is satisfied; (c) the expiration date of such Canadian Letter of Credit is (i) no more than 365 days from issuance (provided that each Canadian Letter of Credit
may, upon the request of the Initial Canadian Borrower, include a provision whereby such Letter of Credit shall be renewed automatically for additional consecutive periods of twelve (12) months or less (but no later than 20 Business Days prior
to the Facility Termination Date)), and (ii) unless the applicable Canadian Fronting Bank and the Agent otherwise consent (subject to the satisfaction of the Cash Collateral requirements set forth in Section 2.4.3), at least 20 Business
Days prior to the Facility Termination Date; (d) the Canadian Letter of Credit and payments thereunder are denominated in Canadian Dollars or Dollars; (e) the form of the proposed Canadian Letter of Credit is reasonably satisfactory to the
Agent and the applicable Canadian Fronting Bank; and (f) the proposed use of the Canadian Letter of Credit is for a lawful purpose. 
 Canadian LC Documents: all documents, instruments and agreements (including Canadian LC Requests and Canadian LC Applications) delivered by any Canadian Borrower or by any other Person to a
Canadian Fronting Bank or the Agent in connection with issuance, amendment or renewal of, or payment under, any Canadian Letter of Credit. 
 Canadian LC Obligations: with respect to the Applicable Canadian Borrower, the Dollar Equivalent of the sum (without duplication) of (a) all amounts owing by such Applicable Canadian Borrower
for any drawings under Canadian Letters of Credit; (b) the stated amount of all outstanding Canadian Letters of Credit issued for the account of such Applicable Canadian Borrower; and (c) all fees and other amounts owing with respect to
such Canadian Letters of Credit. 
 Canadian LC Request: a request for issuance of a Canadian Letter of Credit, to be
provided by a Canadian Borrower to a Canadian Fronting Bank, in form reasonably satisfactory to Agent and such Canadian Fronting Bank. 
 Canadian LC Reserve: with respect to the Applicable Canadian Borrower, the aggregate of all Canadian LC Obligations of such Applicable Canadian Borrower, other than (a) those that have been
Cash Collateralized; and (b) if no Event of Default exists, those constituting charges owing to any Canadian Fronting Bank. 
 Canadian Lenders: Bank of America (Canada) and each other Lender that has issued a Canadian Revolver Commitment (provided that such Person or an Affiliate of such Person also has a
U.S. Revolver Commitment).  

  
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 Canadian Letter of Credit: any standby or documentary letter of credit issued by a
Canadian Fronting Bank for the account of a Canadian Borrower, or any indemnity, guarantee, exposure transmittal memorandum or similar form of credit support issued by Agent or a Canadian Fronting Bank for the benefit of a Canadian Borrower.

 Canadian Letter of Credit Sublimit: $20,000,000. 

Canadian Multi-Employer Plan: each multi-employer plan, within the meaning of the Regulations under the Income Tax Act (Canada).

 Canadian Overadvance: as defined in Section 2.1.5(c). 

Canadian Overadvance Loan: a Loan made to a Canadian Borrower when a Canadian Overadvance exists or is caused by the funding
thereof. 
 Canadian Overadvance Loan Balance: on any date, the Dollar Equivalent of the amount by which the aggregate
Canadian Revolver Loans of the Applicable Canadian Borrower or all Canadian Borrowers, as the case may be, exceed the amount of the Canadian Borrowing Base of such Applicable Canadian Borrower or the Total Canadian Borrowing Base, as applicable, on
such date. 
 Canadian Pension Plan: a “registered pension plan,” as defined in the Income Tax Act (Canada) and
any other pension plan maintained or contributed to by, or to which there is or may be an obligation to contribute by, any Canadian Domiciled Loan Party in respect of its Canadian employees or former employees, excluding, for greater certainty, a
Canadian Multi-Employer Plan. 
 Canadian Prime Rate: on any date, the highest of (i) a fluctuating rate of interest
per annum equal to the rate of interest in effect for such day as publicly announced from time to time by Bank of America (Canada) as its “Prime Rate”, (ii) the sum of 0.50% plus the Bank of Canada overnight rate, which is the rate of
interest charged by the Bank of Canada on one-day loans to financial institutions, for such day, and (iii) the sum of 1.00% plus the Canadian BA Rate for a 30 day Interest Period as determined on such day. The “Prime Rate” is a
rate set by Bank of America (Canada) based upon various factors including the costs and desired return of Bank of America (Canada), general economic conditions and other factors, and is used as a reference point for pricing some loans, which may be
priced at, above, or below such announced rate. Any change in such rate shall take effect at the opening of business on the day specified in the public announcement of such change. Each interest rate based on the Canadian Prime Rate hereunder shall
be adjusted simultaneously with any change in the Canadian Prime Rate. In the event Bank of America (Canada) (including any successor or assignee) does not at any time announce a “Prime Rate”, the clause (i) of Canadian Prime Rate
shall mean the “Prime Rate” (being the rate for loans made in Canadian Dollars in Canada) publicly announced by a Canadian Schedule 1 Chartered Bank selected by Agent. 

Canadian Prime Rate Loan: a Canadian Revolver Loan, or portion thereof, funded in Canadian Dollars and bearing interest calculated
by reference to the Canadian Prime Rate. 

  
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 Canadian Priority Payables Reserve: on any date of determination, a reserve in such
amount as Agent may determine in its Permitted Discretion which reflects amounts secured by any Liens, choate or inchoate, which rank or are capable of ranking in priority to the Agent’s and/or the Secured Parties’ Liens and/or for amounts
which may represent costs relating to the enforcement of the Agent’s Liens including, without limitation, any such amounts due and not paid for wages or vacation pay (including amounts protected by the Wage Earner Protection Program Act
(Canada)), amounts due and not paid under any legislation relating to workers’ compensation or to employment insurance, all amounts deducted or withheld and not paid and remitted when due under the Income Tax Act (Canada), amounts
currently or past due and not paid for realty, municipal or similar taxes (to the extent impacting any Canadian Facility Collateral), all amounts currently or past due and not contributed, remitted or paid to any Canadian Pension Plan or under the
Canada Pension Plan or the PBA, and any amounts representing any unfunded liability, solvency deficiency or wind up deficiency with respect to any Canadian Employee Plan. 
 Canadian Protective Advances: as defined in Section 2.1.6(c). 

Canadian Reimbursement Date: as defined in Section 2.4.2(a). 

Canadian Rent Reserve: the aggregate of (a) all past due rent and other past due charges owing by any Canadian Borrower to
any landlord or other Person who possesses any Canadian Facility Collateral or could assert a Lien on such Canadian Facility Collateral; plus (b) a reserve in an amount not to exceed rent and other charges that could be payable to any
such Person for the time period used to determine the Net Orderly Liquidation Value of Canadian Facility Collateral. 

Canadian Revolver Commitment: for any Canadian Lender, its obligation to make Canadian Revolver Loans and to issue Canadian
Letters of Credit, in the case of any Canadian Fronting Bank, or participate in Canadian LC Obligations, in the case of the other Canadian Lenders, to the Canadian Borrowers up to the maximum principal amount shown on Schedule 2.1.1(c),
or as hereafter determined pursuant to each Assignment and Acceptance to which it is a party, as such Canadian Revolver Commitment may be adjusted from time to time in accordance with the provisions of Sections 2.1.4, 2.1.7 or 11.1.
“Canadian Revolver Commitments” means the aggregate amount of such commitments of all Canadian Lenders. 

Canadian Revolver Commitment Increase: as defined in Section 2.1.7(c). 

Canadian Revolver Commitment Termination Date: the earliest of (a) the U.S. Revolver Commitment Termination Date (without
regard to the reason therefor), (b) the date on which the North American Loan Party Agent terminates or reduces to zero all of the Canadian Revolver Commitments pursuant to Section 2.1.4, and (c) the date on which the Canadian
Revolver Commitments are terminated pursuant to Section 11.1. From and after the Canadian Revolver Commitment Termination Date, the Canadian Borrowers shall no longer be entitled to request a Canadian Revolver Commitment Increase pursuant to
Section 2.1.7 hereof. 

  
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 Canadian Revolver Exposure: on any date, the Dollar Equivalent of an amount equal to
the sum of (a) the Canadian Revolver Loans outstanding on such date and (b) the Canadian LC Obligations on such date. 

Canadian Revolver Loan: a Revolver Loan made by Canadian Lenders to a Canadian Borrower pursuant to Section 2.1.1(c), which
Revolver Loan shall, if denominated in Canadian Dollars, be either a Canadian BA Rate Loan or a Canadian Prime Rate Loan and, if denominated in Dollars, shall be either a Canadian Base Rate Loan or a LIBOR Loan, in each case as selected by the
Applicable Canadian Borrower, and including any Canadian Swingline Loan, Canadian Overadvance Loan or Canadian Protective Advance. 
 Canadian Revolver Notes: the promissory notes, if any, executed by Canadian Borrowers in favor of each Canadian Lender to evidence the Canadian Revolver Loans funded from time to time by such
Canadian Lender, which shall be in the form of Exhibit C-3 to this Agreement, together with any replacement or successor notes therefor. 
 Canadian Schedule 1 Chartered Bank: any of Royal Bank of Canada, Bank of Montreal, The Toronto-Dominion Bank, The Bank of Nova Scotia or Canadian Imperial Bank of Commerce. 

Canadian Security Agreement: this Agreement, each general security agreement and each Deed of Movable Hypothec among any Canadian
Domiciled Loan Party and Agent. 
 Canadian Subsidiary: Each Wholly-Owned Subsidiary of MRC incorporated or organized
under the laws of the Canada or any province or territory of Canada. 
 Canadian Swingline Commitment: $25,000,000.

 Canadian Swingline Commitment Termination Date: with respect to any Canadian Swingline Loan, the date that is five
Business Days prior to the Canadian Revolver Commitment Termination Date. 
 Canadian Swingline Lender: Bank of America
(Canada) or an Affiliate of Bank of America (Canada). 
 Canadian Swingline Loan: a Swingline Loan made by the Canadian
Swingline Lender to a Canadian Borrower pursuant to Section 2.1.8(c), which Swingline Loan shall, if denominated in Canadian Dollars, be a Canadian Prime Rate Loan and, if denominated in Dollars, shall be a Canadian Base Rate Loan, in each case
as selected by the Applicable Canadian Borrower. 
 Capital Lease: as applied to any Person, any lease of any property
(whether real, personal or mixed) by that Person as lessee that, in conformity with GAAP, is, or is required to be, accounted for as a capital lease on the balance sheet of that Person. 

Capitalized Lease Obligations: as applied to any Person, all obligations under Capital Leases of such Person or any of its
Subsidiaries, in each case taken at the amount thereof accounted for as liabilities in accordance with GAAP. 

  
 40 

 Cash Collateral: cash or Permitted Investments (other than the Permitted Investments
described in clauses (h) and (i) of the definition thereof), and any interest or other income earned thereon, that is delivered to Agent or a Security Trustee to Cash Collateralize any Secured Obligations. 

Cash Collateral Account: the (a) Australian Cash Collateral Account, (b) Belgian Cash Collateral Account,
(c) Canadian Cash Collateral Account, (d) Dutch Cash Collateral Account, (e) New Zealand Cash Collateral Account, (f) Singapore Cash Collateral Account, (g) UK Cash Collateral Account and/or (h) U.S. Cash Collateral
Account, as the context may require. 
 Cash Collateralize: the delivery of cash or Permitted Investments (other than the
Permitted Investments described in clauses (h) and (i) of the definition thereof) to Agent or a Security Trustee, as security for the payment of Secured Obligations, in an amount equal to (a) with respect to LC Obligations, 105% of
the aggregate LC Obligations, and (b) with respect to any inchoate, contingent or other Secured Obligations, Agent’s good faith estimate of the amount due or to become due, including all fees and other amounts relating to such Secured
Obligations. In relation to the Dutch Borrowers’ Cash Collateral, Cash Collateralization shall mean the granting of a financial collateral arrangement (financieelzekerheidsovereenkomst) within the meaning of title 2 of Book 7
of the Dutch Civil Code. “Cash Collateralization” and “Cash Collateralized” have correlative meanings. 
 Cash Dominion Event: the occurrence of any one of the following events: (i) Excess Availability shall be less than the greater of (A) 10% of the Commitments or (B) $95,000,000; or
(ii) (A) an Event of Default pursuant to Sections 11.1.1 or 11.1.5 shall have occurred and be continuing or (B) any other Event of Default pursuant to Section 11.1 shall have occurred and be continuing and the Agent or the
Required Lenders shall have reasonably determined (by written notice to the Borrowers) to effect a Cash Dominion Event as a result of such breach; provided, that, to the extent that the Cash Dominion Event has occurred due to clause
(i) of this definition, if Excess Availability shall have exceeded the greater of (x) 10% of the Commitments and (y) $95,000,000 for at least thirty (30) consecutive days, the Cash Dominion Event shall be deemed to be over. At
any time that a Cash Dominion Event shall be deemed to be over or otherwise cease to exist, Agent shall take such actions as may reasonably be required by a Loan Party Agent to terminate the cash sweeps and other transfers existing pursuant to
Section 5.6 as a result of any notice or direction given by Agent during the existence of a Cash Dominion Event (other than with respect to the Australian Borrowers, the New Zealand Borrowers, the Singapore Borrowers and the UK Borrowers).

 Cash Management Services: any services provided from time to time by any Lender or any of its Affiliates to any
Borrower or any other Loan Party in connection with operating, collections, payroll, trust, or other depository or disbursement accounts, including automated clearinghouse, e-payable, electronic funds transfer, wire transfer, controlled
disbursement, overdraft, depository, information reporting, lockbox and stop payment services. 
 CCAA:
Companies’ Creditors Arrangement Act (Canada), (or any successor statute), as amended from time to time, and includes all regulations thereunder. 

  
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 Change in Law: the occurrence, after the date hereof, of (a) the adoption,
taking effect or phasing in of any law, rule, regulation or treaty; (b) any change in any law, rule, regulation or treaty or in the administration, interpretation or application thereof; or (c) the making, issuance or application of any
request, guideline, requirement or directive (whether or not having the force of law) by any Governmental Authority; provided that notwithstanding anything herein to the contrary, (x) the Dodd-Frank Wall Street Reform and Consumer
Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith and (y) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on
Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities, in each case pursuant to Basel III, shall in each case be deemed to be a “Change in Law”, regardless of the date enacted,
adopted or issued. 
 Change in Tax Law: the enactment, promulgation, execution or ratification of, or any change in or
amendment to, any law (including the Code), treaty, regulation or rule (or in the official application or interpretation of any law, treaty, regulation or rule, including a holding, judgment or order by a court of competent jurisdiction) relating to
taxation. 
 Change of Control: shall mean and be deemed to have occurred if (a) prior to a Qualified IPO, the
Sponsor shall at any time not own, in the aggregate, directly or indirectly, beneficially and of record, at least 35% of the voting power of the outstanding Voting Stock of MRC; or (b) at any time on or after a Qualified IPO, any person, entity
or “group” (within the meaning of Section 13(d) or 14(d) of the Securities Exchange Act of 1934, as amended), other than Sponsor, shall at any time have acquired direct or indirect beneficial ownership of both (x) 35% or more of
the voting power of the outstanding Voting Stock of MRC and (y) more than the percentage of the voting power of such Voting Stock then beneficially owned, directly or indirectly, in the aggregate, by the Sponsor, unless, in the case of either
clause (a) or (b) above, the Sponsor has, at such time, the right or the ability by voting power, contract or otherwise to elect or designate for election at least a majority of the board of directors of MRC; or (c) Continuing
Directors shall not constitute at least a majority of the board of directors of MRC. 
 Civil Code: the Civil Code of
Québec, or any successor statute, as amended from time to time, and includes all regulations thereunder. 

Claims: all claims, liabilities, obligations, losses, damages, penalties, judgments, proceedings, interest and costs and expenses
of any kind (including remedial response costs, reasonable attorneys’ fees (which shall be limited to the fees, disbursements and other charges of one primary counsel and one local counsel in each relevant jurisdiction for the Indemnitees
(unless there is an actual or perceived conflict of interest or the availability of different claims or defenses in which case each such Indemnitee may retain its own counsel)) and Extraordinary Expenses) at any time (including after Full Payment of
the Obligations, replacement of Agent or any Lender) incurred by any Indemnitee or asserted against any Indemnitee by any Loan Party or other Person, in any way relating to (a) any Loans, Letters of Credit, Loan Documents, or the use thereof or
transactions relating thereto, (b) any action taken or omitted in connection with any Loan Documents (including action taken under or in relation to the PPSA Australia or the PPSA New Zealand, including any registration, or any response to an
amendment demand or a request under section 275 of the PPSA Australia or Section 177 of the PPSA New Zealand), (c) the existence or perfection of any Liens, or realization upon any Collateral, (d) exercise of any rights

  
 42 

 
or remedies under any Loan Documents or Applicable Law or (e) failure by any Loan Party to perform or observe any terms of any Loan Document, in each case, including all costs and expenses
relating to any investigation, litigation, arbitration or other proceeding (including an Insolvency Proceeding or appellate proceedings), whether or not the applicable Indemnitee is a party thereto. 

Closing Date: as defined in Section 6.1. 
 Code: the Internal Revenue Code of 1986 and the regulations promulgated and rulings issued thereunder. 
 Collateral: all Property described in Section 7.1, all Property described in any Security Document as security for any Secured Obligation, and all other Property that now or hereafter secures
(or is intended to secure) any Secured Obligations. 
 Collateral Access Agreement: a landlord waiver, bailee letter,
warehouse letter, agreement regarding processing arrangements or other access agreement, collateral management agreement or warehouse receipt, reasonably acceptable to the Agent. 

Commitment: for any Lender, the aggregate amount of such Lender’s Borrower Group Commitments. “Commitments”
means the aggregate amount of all Borrower Group Commitments, which amount shall on the Closing Date be equal to the sum of (a) $52,000,000 in respect of the Australian Revolver Commitments, (b) $7,000,000 in respect of the Belgian
Revolver Commitments, (c) $145,000,000 in respect of the Canadian Revolver Commitments, (d) $9,000,000 in respect of the Dutch Revolver Commitments, (e) $0 in respect of the New Zealand Revolver Commitments, (f) $0 in respect of
the Singapore Revolver Commitments, (g) $12,000,000 in respect of the UK Revolver Commitments, and (h) $1,025,000,000 in respect of the U.S. Revolver Commitments. 
 Commodity Agreement: any commodity swap agreement, futures contract, option contract or other similar agreement or arrangement, each of which is for the purpose of hedging the commodity price
exposure associated with any Borrower’s and its Subsidiaries’ operations and not for speculative purposes. 

Compliance Certificate: a certificate, in the form of Exhibit D with such changes as may be agreed to by North American
Loan Party Agent and Agent, by which the Borrowers certify to the matters set forth in Section 10.1.1(e). 

Confidential Information Memorandum: the Confidential Information Memorandum of the Borrowers dated February 2012, delivered to
the Lenders in connection with this Agreement, and the financial statements and other attachments delivered to the Lenders in connection therewith. 
 Consolidated EBITDA: shall mean, for any period, Consolidated Net Income for such period, plus: 

  
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 (a) without duplication and to the extent already deducted (and not added
back) in arriving at such Consolidated Net Income, the sum of the following amounts for such period: 
 (i) total
interest expense and to the extent not reflected in such total interest expense, any losses on hedging obligations or other derivative instruments entered into for the purpose of hedging interest rate risk, net of interest income and gains on such
hedging obligations, and costs of surety bonds in connection with financing activities, 
 (ii) provision for
taxes based on income, profits or capital of the Borrowers and the Restricted Subsidiaries (or so long as Parent is a Passive Entity, Parent and the Restricted Subsidiaries), including state, franchise and similar taxes and foreign withholding taxes
paid or accrued during such period, 
 (iii) depreciation and amortization, 

(iv) (a) losses on asset sales (other than asset sales in the Ordinary Course of Business), disposals or abandonments,
(b) any impairment charge or asset write-off related to intangible assets (including good-will), long-lived assets, and investments in debt and equity securities pursuant to GAAP, (c) all losses from investments recorded using the equity
method, (d) stock-based awards compensation expense, and (e) other non-cash charges (provided that if any non-cash charges referred to in this clause (e) represent an accrual or reserve for potential cash items in any future period,
the cash payment in respect thereof in such future period shall be subtracted from Consolidated EBITDA to such extent, and excluding amortization of a prepaid cash item that was paid in a prior period), 

(v) extraordinary losses and unusual or non-recurring charges, severance, relocation costs and curtailments or
modifications to pension and post-retirement employee benefit plans, 
 (vi) restructuring charges or reserves
(including restructuring costs related to acquisitions after the date hereof and to closure and/or consolidation of facilities), 
 (vii) any deductions attributable to minority interests (including the minority interest portion of the Initial Canadian Borrower’s employee profit sharing plans), 

(viii) the amount, if any, of management, monitoring, consulting and advisory fees and related expenses paid to the
Sponsor, 
 (ix) LIFO expense, and 

(x) any costs or expenses incurred by any Borrower or a Restricted Subsidiary (or so long as Parent is a Passive Entity,
Parent or any Restricted Subsidiary) pursuant to any management equity plan or stock option plan or any 

  
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other management or employee benefit plan or agreement or any stock subscription or shareholder agreement, to the extent that such costs or expenses are funded with cash proceeds contributed to
the capital of the applicable Person or net cash proceeds of an issuance of Stock or Stock Equivalents of the applicable Person, less 
 (b) without duplication and to the extent included in arriving at such Consolidated Net Income, the sum of the following amounts for such period: 

(i) extraordinary gains and unusual or non-recurring gains, 

(ii) non-cash gains (excluding any non-cash gain to the extent it represents the reversal of an accrual or reserve for a
potential cash item that reduced Consolidated Net Income in any prior period), 
 (iii) gains on asset sales
(other than asset sales in the Ordinary Course of Business), 
 (iv) any net after-tax income from the early
extinguishment of Indebtedness or hedging obligations or other derivative instruments, 
 (v) LIFO income, and

 (vi) all gains from investments recorded using the equity method, 

in each case, as determined on a consolidated basis for the Borrowers and the Restricted Subsidiaries (or so long as Parent is a Passive Entity, Parent
and the Restricted Subsidiaries) in accordance with GAAP; provided that, to the extent included in Consolidated Net Income, 
 (A) there shall be excluded in determining Consolidated EBITDA currency translation gains and losses related to currency remeasurements of Indebtedness or intercompany balances (including the net loss or
gain resulting from Hedge Agreements for currency exchange risk), 
 (B) there shall be excluded in determining
Consolidated EBITDA for any period any adjustments resulting from the application of Statement of Financial Accounting Standards No. 133, and 
 (C) there shall be included in determining Consolidated EBITDA for any period, without duplication, (1) the Acquired EBITDA of any Person, property, business or asset acquired by any Borrower or any
Restricted Subsidiary since the beginning of such period to the extent not subsequently sold, transferred, abandoned or otherwise disposed by such Borrower or such Restricted Subsidiary (each such Person, property, business or asset acquired and not
subsequently so disposed of, an “Acquired Entity or Business”) and the Acquired EBITDA of any Unrestricted Subsidiary that is converted into a Restricted Subsidiary since the beginning of such period (each, a “Converted
Restricted Subsidiary”), based on the actual Acquired EBITDA of such Acquired Entity or Business or Converted Restricted Subsidiary for such period (including the portion 

  
 45 

 
thereof occurring prior to such acquisition or conversion), (2) an adjustment in respect of each Acquired Entity or Business equal to the amount of the Pro Forma Adjustment with respect to
such Acquired Entity or Business acquired since the beginning of such period (including the portion thereof occurring prior to such acquisition) as specified in a Pro Forma Adjustment Certificate and delivered to the Lenders and the Agent, and
(3) there shall be excluded in determining Consolidated EBITDA for any period the Disposed EBITDA of any Person, property, business or asset (other than an Unrestricted Subsidiary) sold, transferred, abandoned or otherwise disposed of, closed
or classified as discontinued operations by any Borrower or any Restricted Subsidiary since the beginning of such period (each such Person, property, business or asset so sold or disposed of, a “Sold Entity or Business”), and the
Acquired EBITDA of any Restricted Subsidiary that is converted into an Unrestricted Subsidiary during such period (each, a “Converted Unrestricted Subsidiary”) based on the actual Disposed EBITDA of such Sold Entity or Business or
Converted Unrestricted Subsidiary for such period (including the portion thereof occurring prior to such sale, transfer or disposition or conversion). 
 Consolidated Fixed Charge Coverage Ratio: for any Test Period, the ratio of (a) Consolidated EBITDA for such Test Period to (b) Consolidated Fixed Charges for such Test Period.

 Consolidated Fixed Charges: for any period, the sum, without duplication, of (a) Consolidated Interest Expense,
(b) scheduled payments of principal on Consolidated Total Debt, (c) the aggregate of all unfinanced capital expenditures of Borrowers and their respective Restricted Subsidiaries (or so long as Parent is a Passive Entity, Parent and the
Restricted Subsidiaries) during such period determined on a consolidated basis and (d) the portion of taxes attributable to Borrowers and their respective Restricted Subsidiaries (or so long as Parent is a Passive Entity, Parent and the
Restricted Subsidiaries) based on income actually paid in cash and provisions for cash income taxes. 
 Consolidated Interest
Expense: for any period, the sum of (i) the cash interest expense (including that attributable to Capital Leases in accordance with GAAP), net of cash interest income, of the Borrowers and the Restricted Subsidiaries (or so long as Parent
is a Passive Entity, Parent and the Restricted Subsidiaries) on a consolidated basis in accordance with GAAP with respect to all outstanding Indebtedness of the Borrowers and the Restricted Subsidiaries (or so long as Parent is a Passive Entity,
Parent and the Restricted Subsidiaries), including all commissions, discounts and other fees and charges owed with respect to letters of credit and bankers’ acceptance financing and net costs under Hedge Agreements (other than currency swap
agreements, currency future or option contracts and other similar agreements) and (ii) any cash payments made during such period in respect of obligations referred to in clause (b) below relating to Funded Debt that were amortized or
accrued in a previous period (other than any such obligations resulting from the discounting of Indebtedness in connection with the application of purchase accounting in connection with any Permitted Acquisition), but excluding, however,
(a) amortization of deferred financing costs and any other amounts of non-cash interest, (b) the accretion or accrual of discounted liabilities during such period, and (c) all non-recurring cash interest expense consisting of
liquidated damages for failure to timely comply with registration rights obligations and financing fees, all as calculated on a consolidated basis in accordance with GAAP and excluding, for the avoidance of doubt, any interest in respect of items
excluded from 

  
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 Indebtedness in the proviso to the definition thereof, provided that (x) except as provided in clause
(y) below, there shall be excluded from Consolidated Interest Expense for any period the cash interest expense (or cash interest income) of all Unrestricted Subsidiaries for such period to the extent otherwise included in Consolidated Interest
Expense, (y) there shall be included in determining Consolidated Interest Expense for any Test Period the cash interest expense (or income) of any Acquired Entity or Business acquired since the beginning of such Test Period and of any Converted
Restricted Subsidiary converted since the beginning of such Test Period, in each case based on the cash interest expense (or income) of such Acquired Entity or Business or Converted Restricted Subsidiary for such Test Period (including the portion
thereof occurring prior to such acquisition or conversion) assuming any Indebtedness incurred or repaid in connection with any such acquisition or conversion had been incurred or prepaid on the first day of such Test Period, and (z) there shall
be excluded from determining Consolidated Interest Expense for any Test Period the cash interest expense (or income) of any Sold Entity or Business disposed of since the beginning of such Test Period, based on the cash interest expense (or income)
relating to any Indebtedness relieved, retired or repaid in connection with any such disposition of such Sold Entity or Business for such Test Period (including the portion thereof occurring prior to such disposal) assuming such debt relieved,
retired or repaid in connection with such disposition had been relieved, retired or repaid on the first day of such Test Period. 
 Consolidated Net Income: for any period, the net income (loss) of the Borrowers and the Restricted Subsidiaries (or so long as Parent is a Passive Entity, Parent and the Restricted Subsidiaries)
for such period determined on a consolidated basis in accordance with GAAP, excluding, without duplication, (a) extraordinary items for such period, (b) the cumulative effect of a change in accounting principles during such period to the
extent included in Consolidated Net Income, (c) any fees and expenses incurred during such period, or any amortization thereof for such period, in connection with any acquisition, investment, recapitalization, asset disposition, issuance or
repayment of debt, issuance of equity securities (including any Qualified IPO or any underwritten sale to the public of MRC’s, Parent’s or any direct or indirect parent of Parent’s (or its successor’s) Stock pursuant to an
effective registration statement filed with the SEC on Form S-1 or Form S-3 (or any successor forms adopted by the SEC) following a Qualified IPO), refinancing transaction or amendment or other modification of any debt instrument (in each case,
including any such transaction consummated prior to the Closing Date and any such transaction undertaken but not completed) and any charges or non-recurring merger costs incurred during such period as a result of any such transaction and
(d) any income (loss) for such period attributable to the early extinguishment of Indebtedness. There shall be excluded from Consolidated Net Income for any period the purchase accounting effects of adjustments to inventory, property and
equipment, software and other intangible assets and deferred revenue in component amounts required or permitted by GAAP and related authoritative pronouncements (including the effects of such adjustments pushed down to the Borrowers and the
Restricted Subsidiaries), as a result of any acquisition whether consummated before or after the Closing Date, any Permitted Acquisition or other Investment, or the amortization or write-off of any amounts hereof. 

Consolidated Secured Debt: as of any date of determination, (a) the aggregate principal amount of Indebtedness of the
Borrowers and the Restricted Subsidiaries (or so long as Parent is a Passive Entity, Parent and the Restricted Subsidiaries) outstanding on such date, determined on a consolidated basis in accordance with GAAP (but excluding the effects of any
discounting of 

  
 47 

 
Indebtedness resulting from the application of purchase accounting in connection with any Permitted Acquisition), consisting of Indebtedness for borrowed money, Capitalized Lease Obligations and
debt obligations evidenced by promissory notes or similar instruments, in each case secured by Liens, minus (b) the aggregate amount of cash and Permitted Investments held in accounts on the consolidated balance sheet of the Borrowers and the
Restricted Subsidiaries (or so long as Parent is a Passive Entity, Parent and the Restricted Subsidiaries) as at such date to the extent the use thereof for application to payment of Indebtedness is not prohibited by law or any contract to which any
such Person is a party. 
 Consolidated Total Assets: as of any date of determination, the amount that would, in
conformity with GAAP, be set forth opposite the caption “total assets” (or any like caption) on a consolidated balance sheet of the Borrowers and the Restricted Subsidiaries at such date. 

Consolidated Total Debt: as of any date of determination, (a) the aggregate principal amount of Indebtedness of the Borrowers
and the Restricted Subsidiaries (or so long as Parent is a Passive Entity, Parent and the Restricted Subsidiaries) outstanding on such date, determined on a consolidated basis in accordance with GAAP (but excluding the effects of any discounting of
Indebtedness resulting from the application of purchase accounting in connection with any Permitted Acquisition), consisting of Indebtedness for borrowed money, Capitalized Lease Obligations and debt obligations evidenced by promissory notes or
similar instruments, minus (b) the aggregate amount of cash and Permitted Investments held in accounts on the consolidated balance sheet of the Borrowers and the Restricted Subsidiaries (or so long as Parent is a Passive Entity, Parent and the
Restricted Subsidiaries) as at such date to the extent the use thereof for application to payment of Indebtedness is not prohibited by law or any contract to which any such Person is a party. 

Consolidated Total Debt to Consolidated EBITDA Ratio: as of any date of determination, the ratio of (a) Consolidated Total
Debt as of the last day of the most recent Test Period for which financial statements have been delivered pursuant to clause (a) or (b) of Section 10.1.1 to (b) Consolidated EBITDA for such Test Period. 

Continuing Director: at any date, an individual (a) who is a member of the board of directors of MRC on the date hereof,
(b) who, as at such date, has been a member of such board of directors for at least the twelve preceding months, (c) who has been nominated to be a member of such board of directors, directly or indirectly, by Sponsor or Persons nominated
by Sponsor or (d) who has been nominated to be a member of such board of directors by a majority of the other Continuing Directors then in office. 
 Contribution Notice: a contribution notice issued by the Pensions Regulator in the UK under section 38 or section 47 of the Pensions Act 2004. 

Converted Restricted Subsidiary: as defined in the term “Consolidated EBITDA”. 

Converted Unrestricted Subsidiary: as defined in the term “Consolidated EBITDA”. 

Cost: with respect to Inventory, the weighted average cost thereof, as determined in the same manner and consistent with the most
recent Inventory Appraisal which has been received and approved by Agent in its reasonable discretion. 

  
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 Credit Documents: the Loan Documents and the Bank Product Documents. 

Credit Party: Agent, a Lender or any Fronting Bank; and “Credit Parties” means Agent, Lenders and Fronting Banks.

 Creditor Representative: under any Applicable Law, a receiver, manager, controller, interim receiver, receiver and
manager, trustee (including any trustee in bankruptcy), custodian, conservator, administrator, examiner, sheriff, monitor, assignee, liquidator, provisional liquidator, sequestrator, administrative receiver, judicial manager, statutory manager or
similar officer or fiduciary. 
 CTA: the Corporation Tax Act 2009. 

Currency Agreement: any foreign exchange contract, currency swap agreement, futures contract, option contract, synthetic cap or
other similar agreement or arrangement, each of which is for the purpose of hedging the foreign currency risk associated with any Borrower’s and its Subsidiaries’ operations and not for speculative purposes. 

Default: an event or condition that, with the lapse of time or giving of notice, would constitute an Event of Default. 

Default Rate: for any Obligation (including, to the extent permitted by law, interest not paid when due), 2.00% plus the
interest rate otherwise applicable thereto, or if such Obligation does not bear interest, a rate equal to the U.S. Base Rate plus 2.00%. 
 Defaulting Lender: any Lender that, as reasonably determined by the Agent, (a) has failed to perform any funding obligations hereunder, and such failure is not cured within three Business
Days, unless such Lender notifies the Agent and the relevant Loan Party Agent in writing that such failure is the result of such Lender’s determination that one or more conditions precedent to funding (which conditions precedent, together with
the applicable Default, if any, shall be specifically identified in such writing) have not been satisfied; (b) has notified the Agent or any Borrower that such Lender does not intend to comply with its funding obligations hereunder or has made
a public statement to the effect that it does not intend to comply with its funding obligations hereunder or generally under other credit facilities (unless such notice or public statement relates to such Lender’s obligation to fund a Loan
hereunder and states that such position is based on such Lender’s determination that a condition precedent to funding cannot be satisfied); (c) has failed, within three Business Days following written request by the Agent, to confirm in a
manner reasonably satisfactory to the Agent that such Lender will comply with its funding obligations hereunder (provided that such Lender shall cease to be a Defaulting Lender pursuant to this clause (c) upon receipt by the Agent of
such confirmation); or (d) has, or has a direct or indirect parent company that has, become the subject of an Insolvency Proceeding or taken any action in furtherance thereof; provided, however, that a Lender shall not be a
Defaulting Lender solely by virtue of a Governmental Authority’s ownership of an equity interest in such Lender or parent company. 
 Deposit Account: (i) any “deposit account” as such term is defined in Article 9 of the UCC and in any event shall include all accounts and sub-accounts relating to any of the
foregoing and (ii) with respect to any such Deposit Account located outside of the U.S., any bank account with a deposit function. 

  
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 Deposit Account Control Agreements: the deposit account control agreements (whether
in the form of an agreement, notice and acknowledgement or like instrument), in form and substance reasonably satisfactory to Agent and the relevant Loan Party Agent, executed by each lockbox servicer and financial institution maintaining a lockbox
and/or Deposit Account other than an Excluded Deposit Account for a Loan Party, in favor of Agent or a Security Trustee, for the benefit of the Secured Parties, as security for the Secured Obligations. 

Designated Non-Cash Consideration: the fair market value of non-cash consideration received by any Borrower or a Restricted
Subsidiary in connection with a Disposition pursuant to Section 10.2.4(b) and Section 10.2.4(c) that is designated as Designated Non-Cash Consideration pursuant to a certificate of a Senior Officer of the relevant Loan Party Agent, setting
forth the basis of such valuation (which amount will be reduced by the fair market value of the portion of the non-cash consideration converted to cash within 180 days following the consummation of the applicable Disposition). 

Disposed EBITDA: with respect to any Sold Entity or Business or any Converted Unrestricted Subsidiary for any period, the amount
for such period of Consolidated EBITDA of such Sold Entity or Business or Converted Unrestricted Subsidiary (determined as if references to the Borrowers and the Restricted Subsidiaries in the definition of Consolidated EBITDA were references to
such Sold Entity or Business or Converted Unrestricted Subsidiary and its Subsidiaries), all as determined on a consolidated basis for such Sold Entity or Business or Converted Unrestricted Subsidiary. 

Disqualified Lender: each of the Persons designated in writing by the North American Loan Party Agent to the Agent as Disqualified
Lenders prior to the Closing Date or, subject to Agent’s approval in its discretion, after the Closing Date. A list of Disqualified Lenders (if any have been named and so approved) will be provided by the Agent to any Lender upon request.

 Disposition: as defined in Section 10.2.4(b). 

dividends: as defined in Section 10.2.6. 
 Document: as defined in the UCC (and/or with respect to any Document of a Canadian Domiciled Loan Party, New Zealand Domiciled Loan Party or Australian Domiciled Loan Party, a “document
of title” as defined in the PPSA, the PPSA New Zealand or the PPSA Australia) or any other Applicable Law, as applicable. 
 Dollar Equivalent: on any date, with respect to any amount denominated in Dollars, such amount in Dollars, and with respect to any stated amount in a currency other than Dollars, the amount
of Dollars that Agent determines (which determination shall be conclusive and binding absent manifest error) would be necessary to be sold on such date at the applicable Exchange Rate to obtain the stated amount of the other currency. 

 Dollars or $: lawful money of the United States. 

  
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 Domestic Subsidiary: each U.S. Subsidiary. 

Dominion Account: with respect to (a) the Australian Domiciled Loan Parties, each Australian Dominion Account, (b) the
Belgian Domiciled Loan Parties, each Belgian Dominion Account, (c) the Canadian Domiciled Loan Parties, each Canadian Dominion Account, (d) the Dutch Domiciled Loan Parties, each Dutch Dominion Account, (e) the New Zealand Domiciled
Loan Parties, each New Zealand Dominion Account, (f) the Singapore Domiciled Loan Parties, each Singapore Dominion Account, (g) the UK Domiciled Loan Parties, each UK Dominion Account, and (h) the U.S. Domiciled Loan Parties, each
U.S. Dominion Account. 
 Dutch Allocated U.S. Availability: U.S. Availability designated by the North American Loan
Party Agent for application to clause (c) of a Dutch Borrowing Base. 
 Dutch Availability: as of any date of
determination, (a) the lesser of (i) the Dutch Revolver Commitments minus all Dutch LC Obligations as of such date of determination and (ii) the Total Dutch Borrowing Base as of such date of determination, minus
(b) the Dollar Equivalent of the principal balance of all Dutch Revolver Loans. 
 Dutch Availability Reserves: the
sum (without duplication) of (a) the aggregate amount of the Dutch Rent Reserve, if any, established pursuant to clause (h) of the definition of Dutch Eligible Inventory; (b) the Dutch LC Reserve; (c) the Dutch Bank Product
Reserve; (d) the Dutch Priority Payables Reserve; and (e) such additional reserves, in such amounts and with respect to such matters, as the Agent may establish in its Permitted Discretion. 

Dutch Bank Product Reserve: the aggregate amount of reserves, as established by the Agent from time to time in its Permitted
Discretion and in consultation with the European Loan Party Agent, to reflect the reasonably anticipated liabilities in respect of the then outstanding Secured Bank Product Obligations of the Dutch Domiciled Loan Parties. 

Dutch Base Rate Loan: a Dutch Revolver Loan, or portion thereof, funded in Euros or Dollars and bearing interest calculated by
reference to the Eurasian Base Rate. 
 Dutch Borrowers: (a) the Initial Dutch Borrowers and (b) each other
Dutch Subsidiary that, after the date hereof, has executed a supplement or joinder to this Agreement in accordance with Section 10.1.13 and has satisfied the other requirements set forth in Section 10.1.13 in order to become a Dutch
Borrower. 
 Dutch Borrowing Base: at any time, with respect to the Applicable Dutch Borrower, an amount equal to the sum
(expressed in Dollars, based on the Dollar Equivalent thereof) of, without duplication: 
 (a) the book value of
Dutch Eligible Accounts of the Applicable Dutch Borrower multiplied by the advance rate of 85%, plus 

(b) the lesser of (i) 70% of the net book value of Dutch Eligible Inventory of the Applicable Dutch Borrower and
(ii) 85% of the Net Orderly Liquidation Value of Dutch Eligible Inventory of the Applicable Dutch Borrower (which shall be (A) net of the current monthly shrinkage reserve calculated in accordance with GAAP and (B) valued at Cost),
plus 

  
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 (c) Dutch Allocated U.S. Availability for such Applicable Dutch Borrower,
minus 
 (d) subject to Section 7.5, effective (i) immediately upon or (ii) five
(5) Business Days after, in the case of Dutch Availability Reserves allocable to the Applicable Dutch Borrower which would cause the aggregate amount of the Dutch Revolver Loans allocable to the Applicable Dutch Borrower at such time to exceed
the lesser of the Applicable Dutch Borrower’s Applicable Dutch Borrower Commitment and the Applicable Dutch Borrower’s Dutch Borrowing Base then in effect, in each case, notification thereof to the European Loan Party Agent by the Agent,
any and all such Dutch Availability Reserves. 
 The Dutch Borrowing Base at any time shall be determined by reference to the most recent
Borrowing Base Certificate theretofore delivered to the Agent with such adjustments as the Agent deems appropriate in its Permitted Discretion to assure that the Dutch Borrowing Base is calculated in accordance with the terms of this Agreement.

 Dutch Cash Collateral Account: a demand deposit, money market or other account established by Agent at Bank of America
(London) or such other financial institution as Agent may select in its discretion with the consent of European Loan Party Agent (not to be unreasonably withheld or delayed), which account shall be for the benefit of the Dutch Facility Secured
Parties and shall be subject to Agent’s or European Security Trustee’s Liens securing the Dutch Facility Secured Obligations; provided that the foregoing consent of European Loan Party Agent to the selection by Agent in its
discretion of a financial institution other than Bank of America (London) shall not be required if an Event of Default has occurred and is continuing. 
 Dutch Domiciled Loan Party: any Dutch Borrower and each Dutch Subsidiary now or hereafter party hereto as a Loan Party, and “Dutch Domiciled Loan Parties” means all such Persons,
collectively. 
 Dutch Dominion Account: each special account established by the Dutch Domiciled Loan Parties at Bank of
America (London) (or, subject to Section 8.1.4, HSBC), over which Agent or European Security Trustee has springing control for withdrawal purposes. 
 Dutch Eligible Accounts: at any time, the Accounts of the Applicable Dutch Borrower at such date except any Account: 

(a) which is not subject to a valid Lien in favor of the Agent or European Security Trustee (including under the relevant
laws of the Account Debtor’s jurisdiction of organization); 
 (b) which is subject to any Lien (including
Liens permitted by Section 10.2.2) other than (i) a Lien in favor of the Agent or European Security Trustee and (ii) a Permitted Lien which does not have priority over the Lien in favor of the Agent; provided that, with respect
to any tax Lien having such priority, eligibility of Accounts shall be reduced by the amount of such tax Lien having such priority; 

  
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 (c) owing by any Account Debtor with respect to which more than 120 days
have elapsed since the date of the original invoice therefor or which is more than 60 days past the due date for payment; 
 (d) which is owing by an Account Debtor for which more than 50% of the Accounts owing from such Account Debtor and its Affiliates are ineligible pursuant to clause (c) above; 

(e) which is owing by any Account Debtor to the extent the aggregate amount of otherwise Dutch Eligible Accounts owing
from such Account Debtor and its Affiliates to Dutch Borrowers exceeds 20% of the aggregate Dutch Eligible Accounts (or such higher percentage as the Agent may establish for the Account Debtor from time to time), in each case, only to the extent of
such excess; 
 (f) with respect to which any covenant, representation, or warranty relating to such Account
contained in this Agreement or a Security Document has been breached or is not true in any material respect; 

(g) which (i) does not arise from the sale of goods or performance of services in the Ordinary Course of Business,
(ii) is not evidenced by an invoice, or other documentation satisfactory to the Agent, which has been sent to the Account Debtor, (iii) represents a progress billing, (iv) is contingent upon the Applicable Dutch Borrower’s
completion of any further performance, or (v) represents a sale on a bill-and-hold, guaranteed sale, sale-and-return, sale on approval, consignment which is billed prior to actual sale to the end user, cash-on-delivery or any other repurchase
or return basis, except with respect to up to $15,000,000 of such Accounts in the aggregate for all Borrowing Bases on a combined basis; 
 (h) for which the goods giving rise to such Account (other than Accounts described in the foregoing paragraph (g)(v)) have not been shipped to the Account Debtor or for which the services giving rise to
such Account have not been performed by the Applicable Dutch Borrower; 
 (i) with respect to which any check or
other instrument of payment has been returned uncollected for any reason; 
 (j) which is owed by an Account
Debtor in respect of which an Insolvency Proceeding has been commenced or which is otherwise a debtor or a debtor in possession under any bankruptcy law or any other federal, state or foreign (including any province or territory) receivership,
insolvency relief or other law or laws for the relief of debtors, including the Dutch Bankruptcy Code (Fallissementswet), unless the payment of Accounts from such Account Debtor is secured by assets of, or guaranteed by, in either case, in a
manner reasonably satisfactory to the Agent, a Person that is reasonably acceptable to the Agent or, if the Account from such Account Debtor arises subsequent to a decree or order for relief with respect to such Account Debtor under the Dutch
Bankruptcy Code (Fallissementswet), as now or hereafter in effect, the Agent shall have reasonably determined that the timely payment and collection of such Account will not be impaired; 

  
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 (k) which is owed by an Account Debtor which has failed, has suspended or
ceased doing business, is liquidating, dissolving or winding up its affairs or is not Solvent; 
 (l) which is
owed by an Account Debtor which is not organized under the applicable law of an Eligible Account Debtor Jurisdiction unless such Account is backed by a letter of credit or other credit support reasonably acceptable to the Agent and which is in the
possession of the Agent; 
 (m) which is owed in any currency other than an Eligible Account Currency;

 (n) which is owed by any Governmental Authority, unless (i) such Account is backed by a letter of credit
reasonably acceptable to the Agent and which is in the possession of the Agent or (ii) Agent otherwise approves; 
 (o) which is owed by any Affiliate, employee, director, or officer of any Loan Party; provided that portfolio companies of the Sponsor that do business with the Applicable Dutch Borrower in the
Ordinary Course of Business will not be treated as Affiliates for purposes of this clause (o); 
 (p) which is
owed by an Account Debtor or any Affiliate of such Account Debtor which is the holder of Indebtedness issued or incurred by any Loan Party; provided, that any such Account shall only be ineligible as to that portion of such Account which is
less than or equal to the amount owed by the Loan Party to such Person; 
 (q) which is subject to any
counterclaim, deduction, defense, setoff, right of compensation or dispute, but only to the extent of the amount of such counterclaim, deduction, defense, setoff, right of compensation or dispute, unless (i) the Agent, in its Permitted
Discretion, has established Dutch Availability Reserves and determines to include such Account as a Dutch Eligible Account or (ii) such Account Debtor has entered into an agreement reasonably acceptable to the Agent to waive such rights;

 (r) which is evidenced by any promissory note, Chattel Paper or Instrument (in each case, other than any such
items that are delivered to the Agent or the European Security Trustee); 
 (s) which is owed by an Account
Debtor located in any jurisdiction that requires, as a condition to access to the courts of such jurisdiction, that a creditor qualify to transact business, file a business activities report or other report or form, or take one or more other
actions, unless the Applicable Dutch Borrower has so qualified, filed such reports or forms, or taken such actions (and, in each case, paid any required fees or other charges), except to the extent the Applicable Dutch Borrower may qualify
subsequently as a foreign entity authorized to transact business in such jurisdiction and gain access to such courts, without incurring any cost or penalty reasonably viewed by the Agent to be material in amount, and such later qualification cures
any access to such courts to enforce payment of such Account; 

  
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 (t) with respect to which the Applicable Dutch Borrower has made any
agreement with the Account Debtor for any reduction thereof, but only to the extent of such reduction, other than discounts and adjustments given in the Ordinary Course of Business; or 

(u) which the Agent determines is ineligible in its Permitted Discretion. 

Subject to Sections 14.1 and 7.5 and the definition of Dutch Borrowing Base, the Agent may modify the foregoing criteria in its Permitted
Discretion. 
 Dutch Eligible Inventory: at any date of determination thereof, the aggregate amount of all Inventory
owned by the Applicable Dutch Borrower at such date except any Inventory: 
 (a) which is not subject to a valid
Lien in favor of the Agent or European Security Trustee; 
 (b) which is subject to any Lien (including Liens
permitted by Section 10.2.2) other than (i) a Lien in favor of the Agent or European Security Trustee and (ii) a Permitted Lien which does not have priority over the Lien in favor of the Agent or European Security Trustee (other than
any bailee, warehouseman, landlord or similar non-consensual Liens having priority by operation of law to the extent either subclause (i) or (ii) of clauses (h) or (i) below of Dutch Eligible Inventory is satisfied with respect
to the relevant Inventory); provided that, with respect to any tax Lien having such priority, eligibility of Inventory shall be reduced by the amount of such tax Lien having such priority; 

(c) which is, in the Agent’s Permitted Discretion, slow moving, obsolete, unmerchantable, defective, unfit for sale,
not salable at prices approximating at least the cost of such Inventory in the Ordinary Course of Business or unacceptable due to age, type, category and/or quantity; 

(d) with respect to which any covenant, representation or warranty contained in this Agreement or any Security Document
has been breached or is not true in any material respect; 
 (e) which does not conform in all material respects
to all standards imposed by any applicable Governmental Authority (except that any standard that is qualified as to “materiality” shall have been conformed to in all respects); 

(f) which constitutes packaging and shipping material, manufacturing supplies, display items, bill-and-hold goods (other
than bill-and-hold goods, the sale of which has been excluded from Dutch Eligible Accounts pursuant to clause (g)(v) of the definition thereof), returned or repossessed goods (other than goods that are undamaged and able to be resold in the Ordinary
Course of Business), defective goods, goods held on consignment, goods to be returned to the Applicable Dutch Borrower’s suppliers or goods which are not of a type held for sale in the Ordinary Course of Business; 

  
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 (g) which is not located in the Netherlands or is not at a location listed
on Schedule 8.4.1 (as updated from time to time in accordance with the provisions hereof) other than goods in transit between locations of the Dutch Domiciled Loan Parties; 

(h) which is located, at any time after the Temporary Eligibility Period, in any location leased by the Applicable Dutch
Borrower unless (i) the lessor has delivered to the Agent a Collateral Access Agreement or (ii) a Dutch Rent Reserve has been established by the Agent; 

(i) which is located, at any time after the Temporary Eligibility Period, in any third party warehouse or is in the
possession of a bailee, processor or other Person and is not evidenced by a Document, unless (i) such warehouseman, bailee, processor or other Person has delivered to the Agent a Collateral Access Agreement and/or such other documentation as
the Agent may reasonably require or (ii) appropriate Dutch Availability Reserves have been established by the Agent in its Permitted Discretion; 
 (j) which is the subject of a consignment by the Applicable Dutch Borrower as consignor; 
 (k) which is perishable as determined in accordance with GAAP; 

(l) which contains or bears any intellectual property rights licensed to the Applicable Dutch Borrower unless the Agent is
satisfied that it may sell or otherwise dispose of such Inventory without (i) infringing the rights of such licensor in any material respect or (ii) incurring any material liability with respect to payment of royalties other than royalties
incurred pursuant to sale of such Inventory under the current licensing agreement; or 
 (m) which constitutes
movable assets as set out in section 21 paragraph 2 in conjunction with section 22 paragraph 3 of the Dutch Tax Collection Act (Invorderingswer 1990). 
 Subject to Sections 14.1 and 7.5 and the definition of Dutch Borrowing Base, the Agent may modify the foregoing criteria in its Permitted Discretion. 

Dutch Facility Collateral: Collateral that now or hereafter secures (or is intended to secure) any of the Dutch Facility Secured
Obligations, including Property of the U.S. Domiciled Loan Parties pledged to secure the Dutch Facility Secured Obligations under their guarantee of the Secured Obligations. 
 Dutch Facility Guarantor: each U.S. Borrower, each U.S. Facility Guarantor and each other Person (if any) who guarantees payment and performance of any Dutch Facility Secured Obligations.

 Dutch Facility Loan Party: a Dutch Borrower or a Dutch Facility Guarantor. 

  
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 Dutch Facility Obligations: all Obligations of the Dutch Facility Loan Parties,
including, following the Foreign Cross-Guarantee Date for any Dutch Facility Loan Party, the other Foreign Facility Obligations that are the subject of such Foreign Cross-Guarantee (but excluding, for the avoidance of doubt, the Obligations of the
U.S. Domiciled Loan Parties as guarantors of any U.S. Facility Obligations). 
 Dutch Facility Secured Obligations: all
Secured Obligations of the Dutch Facility Loan Parties, including, following the Foreign Cross-Guarantee Date for any Dutch Facility Loan Party, the other Foreign Facility Secured Obligations that are the subject of such Foreign Cross-Guarantee (but
excluding, for the avoidance of doubt, the Obligations of the U.S. Domiciled Loan Parties as guarantors of any U.S. Facility Secured Obligations). 
 Dutch Facility Secured Parties: Agent, European Security Trustee, any Dutch Fronting Bank, Dutch Lenders and Secured Bank Product Providers of Bank Products to Dutch Domiciled Loan Parties, and,
following the Foreign Cross-Guarantee Date for any Dutch Domiciled Loan Party, the other Secured Parties that are the beneficiaries of such Foreign Cross-Guarantee. 
 Dutch Fronting Bank: (a) Bank of America (London) or any Affiliate thereof that agrees to issue Dutch Letters of Credit, (b) if reasonably acceptable to European Loan Party Agent, any
other Dutch Lender or Affiliate thereof that agrees to issue Dutch Letters of Credit, or (c) if requested by European Loan Party Agent and subject to Section 2.10, a Non-Lender Fronting Bank that agrees to issue Dutch Letters of Credit.

 Dutch Fronting Bank Indemnitees: any Dutch Fronting Bank and its officers, directors, employees, Affiliates and
agents. 
 Dutch LC Application: an application by any Dutch Borrower on behalf of itself or any other Dutch Borrower to
a Dutch Fronting Bank for issuance of an Dutch Letter of Credit, in form and substance reasonably satisfactory to such Dutch Fronting Bank. 
 Dutch LC Conditions: the following conditions necessary for issuance of a Dutch Letter of Credit: (a) each of the conditions set forth in Section 6 being satisfied or waived;
(b) after giving effect to such issuance, the total Ex-NA LC Obligations do not exceed the Ex-NA Letter of Credit Sublimit, no Dutch Overadvance exists or would result therefrom and, in the case of any Dutch Borrower, Section 2.11 is
satisfied; (c) the expiration date of such Dutch Letter of Credit is (i) no more than 365 days from issuance (provided that each Dutch Letter of Credit may, upon the request of the Applicable Dutch Borrower, include a provision
whereby such Letter of Credit shall be renewed automatically for additional consecutive periods of twelve (12) months or less (but no later than 20 Business Days prior to the Facility Termination Date)), and (ii) unless the applicable
Dutch Fronting Bank and the Agent otherwise consent (subject to the satisfaction of the Cash Collateral requirements set forth in Section 2.5.3), at least 20 Business Days prior to the Facility Termination Date; (d) the Dutch Letter of
Credit and payments thereunder are denominated in Euros or Dollars; (e) the form of the proposed Dutch Letter of Credit is reasonably satisfactory to the Agent and the applicable Dutch Fronting Bank; and (f) the proposed use of the Dutch
Letter of Credit is for a lawful purpose. 

  
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 Dutch LC Documents: all documents, instruments and agreements (including Dutch LC
Requests and Dutch LC Applications) delivered by any Dutch Borrower or by any other Person to a Dutch Fronting Bank or the Agent in connection with issuance, amendment or renewal of, or payment under, any Dutch Letter of Credit. 

Dutch LC Obligations: with respect to the Applicable Dutch Borrower, the Dollar Equivalent of the sum (without duplication) of
(a) all amounts owing by such Applicable Dutch Borrower for any drawings under Dutch Letters of Credit; (b) the stated amount of all outstanding Dutch Letters of Credit issued for the account of such Applicable Dutch Borrower; and
(c) all fees and other amounts owing with respect to such Dutch Letters of Credit. 
 Dutch LC Request: a request
for issuance of a Dutch Letter of Credit, to be provided by a Dutch Borrower to a Dutch Fronting Bank, in form reasonably satisfactory to Agent and such Dutch Fronting Bank. 
 Dutch LC Reserve: with respect to the Applicable Dutch Borrower, the aggregate of all Dutch LC Obligations of such Applicable Dutch Borrower, other than (a) those that have been Cash
Collateralized and (b) if no Event of Default exists, those constituting charges owing to any Dutch Fronting Bank. 

Dutch Lenders: Bank of America (London) and each other Lender that has issued a Dutch Revolver Commitment (provided that
such Person or an Affiliate of such Person also has a U.S. Revolver Commitment). 
 Dutch Letter of Credit: any standby
or documentary letter of credit issued by a Dutch Fronting Bank for the account of a Dutch Borrower, or any indemnity, guarantee, exposure transmittal memorandum or similar form of credit support issued by Agent or a Dutch Fronting Bank for the
benefit of a Dutch Borrower. 
 Dutch Overadvance: as defined in Section 2.1.5(d). 

Dutch Overadvance Loan: a Loan made to a Dutch Borrower when a Dutch Overadvance exists or is caused by the funding thereof.

 Dutch Overadvance Loan Balance: on any date, the Dollar Equivalent of the amount by which the aggregate Dutch Revolver
Loans of the Applicable Dutch Borrower or all Dutch Borrowers, as the case may be, exceed the amount of the Dutch Borrowing Base of such Applicable Dutch Borrower or the Total Dutch Borrowing Base, as applicable, on such date. 

Dutch Priority Payables Reserve: on any date of determination, a reserve in such amount as Agent may determine in its Permitted
Discretion which reflects amounts secured by any Liens, choate or inchoate, which rank or are capable of ranking in priority to the Agent’s and/or the Secured Parties’ Liens and/or for amounts which may represent costs relating to the
enforcement of the Agent’s or European Security Trustee’s Liens. 
 Dutch Protective Advances: as defined in
Section 2.1.6(d). 
 Dutch Reimbursement Date: as defined in Section 2.5.2(a). 

  
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 Dutch Rent Reserve: the aggregate of (a) all past due rent and other past due
charges owing by any Dutch Borrower to any landlord or other Person who possesses any Dutch Facility Collateral or could assert a Lien on such Dutch Facility Collateral; plus (b) a reserve in an amount not to exceed rent and other
charges that could be payable to any such Person for the time period used to determine the Net Orderly Liquidation Value of Dutch Facility Collateral. 
 Dutch Revolver Commitment: for any Dutch Lender, its obligation to make Dutch Revolver Loans and to issue Dutch Letters of Credit, in the case of any Dutch Fronting Bank, or participate in Dutch LC
Obligations, in the case of the other Dutch Lenders, to the Dutch Borrowers up to the maximum principal amount shown on Schedule 2.1.1(d), or as hereafter determined pursuant to each Assignment and Acceptance to which it is a party, as
such Dutch Revolver Commitment may be adjusted from time to time in accordance with the provisions of Sections 2.1.4, 2.1.7 or 11.1. “Dutch Revolver Commitments” means the aggregate amount of such commitments of all Dutch
Lenders. 
 Dutch Revolver Commitment Increase: as defined in Section 2.1.7(d). 

Dutch Revolver Commitment Termination Date: the earliest of (a) the U.S. Revolver Commitment Termination Date (without regard
to the reason therefor), (b) the date on which the European Loan Party Agent terminates or reduces to zero all of the Dutch Revolver Commitments pursuant to Section 2.1.4, and (c) the date on which the Dutch Revolver Commitments are
terminated pursuant to Section 11.1. From and after the Dutch Revolver Commitment Termination Date, the Dutch Borrowers shall no longer be entitled to request a Dutch Revolver Commitment Increase pursuant to Section 2.1.7 hereof.

 Dutch Revolver Exposure: on any date, the Dollar Equivalent of an amount equal to the sum of (a) the Dutch
Revolver Loans outstanding on such date and (b) the Dutch LC Obligations on such date. 
 Dutch Revolver Loan: a
Revolver Loan made by Dutch Lenders to a Dutch Borrower pursuant to Section 2.1.1(d), which Revolver Loan shall be denominated in Dollars or Euros and either a LIBOR Loan or a Dutch Base Rate Loan, in each case as selected by Applicable Dutch
Borrower, and including any Dutch Swingline Loan, Dutch Overadvance Loan or Dutch Protective Advance. 
 Dutch Revolver
Notes: the promissory notes, if any, executed by Dutch Borrowers in favor of each Dutch Lender to evidence the Dutch Revolver Loans funded from time to time by such Dutch Lender, which shall be in the form of Exhibit C-4 to this
Agreement, together with any replacement or successor notes therefor. 
 Dutch Security Agreements: each pledge
(including, without limitation, each pledge over movable assets (undisclosed and non-possessory) and each pledge of receivables) or security agreement among any Dutch Domiciled Loan Party and Agent or the European Security Trustee. 

Dutch Subsidiary: Each Wholly-Owned Subsidiary of MRC incorporated or organized under the laws of the Netherlands or any province
or territory of the Netherlands. 
 Dutch Swingline Commitment: $4,500,000. 

  
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 Dutch Swingline Commitment Termination Date: with respect to any Dutch Swingline
Loan, the date that is five Business Days prior to the Dutch Revolver Commitment Termination Date. 
 Dutch Swingline
Lender: Bank of America (London) or an Affiliate of Bank of America (London). 
 Dutch Swingline Loan: a Swingline
Loan made by the Dutch Swingline Lender to a Dutch Borrower pursuant to Section 2.1.8(d), which Swingline Loan shall be a Dutch Base Rate Loan. 
 Eligible Account Currencies: Australian Dollars, Canadian Dollars, Dollars, Euros, New Zealand Dollars, Singapore Dollars, Sterling, Yen and such other currencies determined by Agent in its
discretion. 
 Eligible Account Debtor Jurisdictions: Australia, Canada, Hong Kong, Japan, New Zealand, Norway, any
member state of the European Union prior to May 2004, South Korea, Switzerland, Singapore, the U.S. and such other jurisdictions determined by Agent in its discretion, in each case together with any state or province thereof (as applicable);
provided, however, that Agent may from time to time, in its Permitted Discretion, designate any of the foregoing jurisdictions, including any jurisdiction previously determined by Agent in its discretion to be an Eligible Account Debtor
Jurisdiction, to no longer be an eligible jurisdiction for Account Debtors (other than Australia, Canada, Belgium, the Netherlands, the UK and the U.S.). 
 Eligible Accounts: the (a) Australian Eligible Accounts, (b) Belgian Eligible Accounts, (c) Canadian Eligible Accounts, (d) Dutch Eligible Accounts, (e) New Zealand
Eligible Accounts, (f) Singapore Eligible Accounts, (g) UK Eligible Accounts, and/or (h) U.S. Eligible Accounts, as the context requires. 
 Eligible Assignee: subject to the requirements of Section 13.3.3, a Person that is (a) a Lender or an Affiliate of a U.S. based Lender; (b) if such Person is to hold U.S. Facility
Obligations, an Approved Fund; (c) if such Person is to hold Foreign Facility Obligations, a Person who holds or is acquiring, or whose Affiliate holds or is acquiring, a U.S. Revolver Commitment; (d) any other financial institution
approved by Agent and North American Loan Party Agent (which approval by North American Loan Party Agent may be withheld in the sole discretion of North American Loan Party Agent in the case of any financial institution which is a Disqualified
Lender and which approval shall not otherwise be unreasonably withheld or delayed, and shall be deemed given if no objection is made within five Business Days after notice of the proposed assignment), that is organized, registered or incorporated
under the laws of Australia, a Participating Member State, Canada, New Zealand, Singapore, the United Kingdom or the United States or any state, province or district thereof, extends asset-based lending facilities in its Ordinary Course of Business
and whose becoming an assignee would not constitute a prohibited transaction under Section 4975 of the Code or any other Applicable Law, or would, immediately following any such assignment, result in increased costs or Taxes payable by the Loan
Parties pursuant to Section 5.8; and (e) during any Event of Default, any Person acceptable to Agent in its discretion, which acceptance shall not be unreasonably withheld or delayed. 

  
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 Eligible Inventory: the (a) Australian Eligible Inventory, (b) Belgian
Eligible Inventory, (c) Canadian Eligible Inventory, (d) Dutch Eligible Inventory, (e) New Zealand Eligible Inventory, (f) Singapore Eligible Inventory, (g) UK Eligible Inventory, and/or (h) U.S. Eligible Inventory, as
the context requires. 
 Enforcement Action: any action to enforce any Obligations or Loan Documents or to exercise any
rights or remedies relating to any Collateral (whether by judicial action, self-help, notification of Account Debtors, exercise of setoff or recoupment, exercise of any right or vote to act in a Loan Party’s Insolvency Proceeding, or
otherwise). 
 Environmental Claims: any and all actions, suits, orders, decrees, demands, demand letters, claims, liens,
notices of noncompliance, violation or potential responsibility or investigation (other than internal reports prepared by any Borrower or any of the Subsidiaries (a) in the ordinary course of such Person’s business or (b) as required
in connection with a financing transaction or an acquisition or disposition of real estate) or proceedings relating in any way to any Environmental Law or any permit issued, or any approval given, under any such Environmental Law, including,
(i) any and all such claims by governmental or regulatory authorities for enforcement, cleanup, removal, response, remedial or other actions or damages pursuant to any applicable Environmental Law and (ii) any and all such claims by any
third party seeking damages, contribution, indemnification, cost recovery, compensation or injunctive relief relating to the presence, release or threatened release of Hazardous Materials or arising from alleged injury or threat of injury to health
or safety (to the extent relating to human exposure to Hazardous Materials), or the environment including, ambient air, surface water, groundwater, land surface and subsurface strata and natural resources such as wetlands. 

Environmental Law: any applicable Federal, state, foreign or local statute, law, rule, regulation, ordinance, code and rule of
common law now or hereafter in effect and in each case as amended, and any binding judicial or administrative interpretation thereof, including any binding judicial or administrative order, consent decree or judgment, relating to the protection of
environment, including, ambient air, surface water, groundwater, land surface and subsurface strata and natural resources such as wetlands, or human health or safety (to the extent relating to human exposure to Hazardous Materials), or Hazardous
Materials. 
 ERISA: the Employee Retirement Income Security Act of 1974. 

ERISA Affiliate: any trade or business (whether or not incorporated) under common control with a Loan Party or treated as a single
employer with a Loan Party, in each case within the meaning of Section 414 of the Code. 
 Eurasian Base Rate: with
respect to Dollars funded outside of Canada and the U.S. and with respect to Australian Dollars, Euros, New Zealand Dollars, Sterling and Singapore Dollars (and such other currencies as may be funded under the UK Alternate Swingline Loan), a
fluctuating rate of interest per annum equal to the rate of interest in effect for such day as announced from time to time by the local branch of Bank of America in the jurisdiction in which such currency is funded as its “base rate” with
respect to such currency. Any change in such rate shall take effect at the opening of business on the day of such change. 

  
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 Euro: the single currency of the Participating Member States which have adopted the
euro unit as their single currency pursuant to the Treaty of Rome of March 25, 1957, establishing the European Community. 

European Loan Party Agent: as defined in Section 4.4.2. 

European Secured Parties: the Belgian Facility Secured Parties, the Dutch Facility Secured Parties and the UK Facility Secured
Parties. 
 European Security Agreements: the Belgian Security Agreements, the Dutch Security Agreements and the UK
Security Agreements. 
 European Security Trustee: Bank of America (London) or any successor security trustee appointed
in accordance with Section 12.2. 
 Event of Default: as defined in Section 11.1. 

Ex-NA LC Obligations: the Australian LC Obligations, the Belgian LC Obligations, the Dutch LC Obligations, the New Zealand LC
Obligations, the Singapore LC Obligations and the UK LC Obligations. 
 Ex-NA Letter of Credit Sublimit: $50,000,000.

 Excess Availability: as of any date of determination, an amount equal to (a) the lesser of (i) the
Commitments minus all LC Obligations and (ii) the sum of the (1) Total Australian Borrowing Base, (2) Total Belgian Borrowing Base, (3) the Total Canadian Borrowing Base, (4) the Total Dutch Borrowing Base,
(5) the Total New Zealand Borrowing Base, (6) the Total Singapore Borrowing Base, (7) the Total UK Borrowing Base and (8) the U.S. Borrowing Base, minus (b) the Dollar Equivalent of the principal balance of all
Revolver Loans; provided, that the amount attributable to clause (a) above from the non-U.S. Revolver Commitments or the non-U.S. Borrowing Bases (as applicable) may not exceed 50% of clause (a). 

Exchange Rate: the exchange rate, as determined by Agent, applicable to conversion of a currency into Dollars that is
(a) reported by Bloomberg (or other commercially available source designated by Agent) as of the end of the preceding Business Day in the financial market for such currency; or (b) if such report is unavailable for any reason, the spot
rate for the purchase of such currency with Dollars through Agent’s principal foreign exchange trading office for the currency during such office’s preceding Business Day. 

Excluded Deposit Accounts: (a) Deposit Accounts that are zero balance disbursement accounts, (b) Deposit Accounts used
solely to fund payroll, payroll taxes and similar employment taxes or employee benefits in the Ordinary Course of Business, (c) other Deposit Accounts with an amount on deposit of less than $5,000,000 at any time in the aggregate for all such
Deposit Accounts and (d) the Net Available Cash Account. 

  
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 Excluded Loan Party: (a) each Loan Party that is a “controlled foreign
corporation” within the meaning of Section 957 of the Code; (b) any direct or indirect Subsidiary of a Person described in clause (a) of this definition; and (c) any U.S. Subsidiary, substantially all of the direct or
indirect assets of which are Stock of one or more “controlled foreign corporations” within the meaning of Section 957 of the Code. 
 Excluded Subsidiary: (a) each U.S. Subsidiary listed on Schedule 9.1.12 hereto as an Excluded Subsidiary, (b) any Subsidiary that is not a Wholly-Owned Subsidiary,
(c) any Subsidiary that is prohibited by any Applicable Law from guaranteeing the Secured Obligations, (d) in respect of the U.S. Domiciled Loan Parties, (i) any direct or indirect Subsidiary of a non-U.S. Subsidiary (that is a
“controlled foreign corporation” within the meaning of Section 957 of the Code) and (ii) any U.S. Subsidiary, substantially all of the direct or indirect assets of which are Stock of one or more “controlled foreign
corporations” within the meaning of Section 957 of the Code, (e) any Restricted Subsidiary acquired pursuant to a Permitted Acquisition financed with secured Indebtedness incurred pursuant to Section 10.2.1(b)(ix) or
Section 10.2.1(b)(x) and each Restricted Subsidiary thereof that guarantees such Indebtedness to the extent and so long as the financing documentation relating to such Permitted Acquisition to which such Restricted Subsidiary is a party
prohibits such Restricted Subsidiary from guaranteeing, or granting a Lien on any of its assets to secure, the Secured Obligations; provided that after such time that such prohibitions on guarantees or granting of Liens lapses or terminates, such
Restricted Subsidiary shall no longer be an Excluded Subsidiary, (f) any other Subsidiary with respect to which, in the reasonable judgment of the Agent (confirmed in writing by notice to the applicable Borrower), the cost or other consequences
(including any adverse tax consequences) of providing a Guarantee shall be excessive in view of the benefits to be obtained by the Lenders therefrom, (g) each Unrestricted Subsidiary and (h) any Restricted Subsidiary that the North
American Loan Party Agent elects by notice to the Agent to treat as an Excluded Subsidiary pursuant to this clause (h), provided that (i) any such Restricted Subsidiary shall cease to be so treated as an Excluded Subsidiary pursuant to
this clause (h) upon written notice from the North American Loan Party Agent to the Agent, and (ii) at any time, the total assets of all Restricted Subsidiaries that are Excluded Subsidiaries solely as a result of this clause (h), as
reflected on their most recent balance sheets prepared in accordance with GAAP, do not in the aggregate at any time exceed $5,000,000, and (iii) the total revenues of all Restricted Subsidiaries that are Excluded Subsidiaries solely as a result
of this clause (h) for the twelve-month period ending on the last day of the most recent Test Period for which financial statements have been delivered pursuant to clause (a) or (b) of Section 10.1.1 do not in the aggregate
exceed $5,000,000. 
 Excluded Tax: with respect to Agent, any Lender, any Fronting Bank, any Security Trustee or any
other recipient of a payment to be made by or on behalf of any Loan Party on account of any Obligation, (a) taxes imposed on or measured by its net income (however denominated), and franchise taxes imposed on it (i) by the jurisdiction (or
any political subdivision thereof) under the laws of which such recipient is organized or in which its principal office is located or, in the case of any Lender, in which its applicable Lending Office is located or (ii) as the result of any
other present or former connection between such recipient and the jurisdiction imposing such tax (other than connections arising from such recipient having executed, delivered, become a party to, performed its obligations under, received payments
under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan, Letter of Credit

  
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or Loan Document); (b) any branch profits taxes imposed by the United States or any similar tax imposed by any other jurisdiction in which such recipient has a branch; (c) in the case
of a Foreign Lender, any withholding tax that is imposed on amounts payable to such Foreign Lender pursuant to laws in force at the time such Foreign Lender becomes a Lender (or designates a new Lending Office) hereunder, or any additional
withholding tax that is imposed on amounts payable to a Foreign Lender after the time such Foreign Lender becomes a Lender (or designates a new Lending Office) hereunder, except that taxes in this clause (c) shall not include
(i) additional withholding tax that may be imposed on amounts payable to a Foreign Lender after the time such Foreign Lender becomes a party to the Agreement (or designates a new Lending Office), as a result of a Change in Tax Law after such
time and (ii) any amount with respect to withholding tax that such Foreign Lender (or its assignor, if any) was previously entitled to receive pursuant to Section 5.8 of this Agreement, if any, with respect to such withholding tax at the
time such Foreign Lender designates a new Lending Office (or at the time of the assignment); (d) any United States withholding tax imposed under FATCA; or (e) any withholding tax that is attributable to such recipient’s failure or
inability (other than as a result of a Change in Tax Law) to comply with Section 5.9. 
 Existing U.S. Letters of
Credit: the letters of credit designated as such on Schedule 1.1(a). 
 Existing Loan Agreement:
as defined in the recitals to this Agreement. 
 Extraordinary Expenses: all costs, expenses or advances that Agent and
Security Trustees may incur during an Event of Default, or during the pendency of any Insolvency Proceeding of any Borrower or any Subsidiary, including those relating to (a) any audit, inspection, repossession, storage, repair, appraisal,
insurance, manufacture, preparation or advertising for sale, sale, collection, or other preservation of or realization upon any Collateral; (b) any action, arbitration or other proceeding (whether instituted by or against Agent, any Security
Trustee, any Fronting Bank, any Lender, any Loan Party, any representative of creditors of any Loan Party or any other Person) in any way relating to any Collateral (including the validity, perfection, priority or avoidability of Agent’s or any
Security Trustee’s Liens with respect to any Collateral), Loan Documents, Letters of Credit or Obligations, including any lender liability or other Claims; (c) the exercise, protection or enforcement of any rights or remedies of Agent in,
or the monitoring of, any Insolvency Proceeding; (d) settlement or satisfaction of any taxes, charges or Liens with respect to any Collateral; (e) any Enforcement Action; (f) negotiation and documentation of any modification, waiver,
workout, restructuring or forbearance with respect to any Loan Documents or Obligations; and (g) Protective Advances. Such costs, expenses and advances include transfer fees, Other Taxes, storage fees, insurance costs, permit fees, utility
reservation and standby fees, appraisal fees, brokers’ fees and commissions, auctioneers’ fees and commissions, accountants’ fees, environmental study fees, wages and salaries paid to employees of any Loan Party or independent
contractors in liquidating any Collateral, travel expenses, receivers’ and managers’ fees and legal fees (which shall be limited to the reasonable fees, disbursements and other charges of one primary counsel and one local counsel in each
relevant state or foreign jurisdiction for the Agent and the Lenders (unless there is an actual or perceived conflict of interest or the availability of different claims or defenses in which case the Agent may retain its own counsel)). 

  
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 Facility Termination Date: the earlier of (a) March 27, 2017 and
(b) the 90th day prior to the scheduled maturity date for the Senior Secured Notes unless, on or prior to such 90th day, either (i) all of the Senior Secured Notes shall have been repaid in full or (ii) the scheduled maturity date for
the Senior Secured Notes shall have been extended to June 30, 2017 or later. 
 FATCA: Sections 1471 through 1474 of
the Code, as of the date of this Agreement (or any amended version that is substantively comparable), and any current or future regulations or official interpretations thereof. 

FCCR Test Event: the occurrence of any one of the following events: (i) Excess Availability shall be less than the greater of
(A) 10% of the Commitments or (B) $95,000,000 or (ii) an Event of Default shall have occurred and be continuing; provided, that, to the extent that the FCCR Test Event has occurred due to clause (i) of this definition, if
Excess Availability shall have exceeded the greater of (x) 10% of the Commitments and (y) $95,000,000 for at least thirty (30) consecutive days, the FCCR Test Event shall be deemed to be over. 

Federal Funds Rate: (a) the weighted average of interest rates on overnight federal funds transactions with members of the
Federal Reserve System arranged by federal funds brokers on the applicable Business Day (or on the preceding Business Day, if the applicable day is not a Business Day), as published by the Federal Reserve Bank of New York on the next Business Day;
or (b) if no such rate is published on the next Business Day, the average rate (rounded up, if necessary, to the nearest 1/8 of 1%) charged to Bank of America on the applicable day on such transactions, as determined by Agent. 

Fee Letter: the fee letter agreement among Agent, Merrill Lynch, Pierce, Fenner & Smith Incorporated, MRC and the Initial
Canadian Borrower dated as of February 10, 2012. 
 Financial Administration Act: Financial Administration Act
(Canada) and all regulations and schedules thereunder. 
 Financial Support Direction: a financial support
direction issued by the Pensions Regulator in the UK under Section 43 of the Pensions Act 2004. 
 Floating Rate
Loan: a Base Rate Loan or a Canadian Prime Rate Loan. 
 FLSA: the Fair Labor Standards Act of 1938. 

Foreign Allocated U.S. Availability Reserve: the aggregate amount of the U.S. Borrowing Base allocated by North American Loan
Party Agent for inclusion by any Foreign Borrowers in their respective Borrowing Bases. 
 Foreign Borrower Group: a
group consisting of (a) the Australian Borrowers, (b) the Belgian Borrowers, (c) the Canadian Borrowers, (d) the Dutch Borrowers, (e) the New Zealand Borrowers, (f) the Singapore Borrowers or (g) the UK Borrowers,
as the context requires. 
 Foreign Borrowers: the Australian Borrowers, Belgian Borrowers, Canadian Borrowers, Dutch
Borrowers, New Zealand Borrowers, Singapore Borrowers and UK Borrowers. 

  
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 Foreign Cross-Guarantee: as defined in Section 5.10.6. 

Foreign Cross-Guarantee Date: with respect to any Foreign Borrower, the date on which such Foreign Borrower enters into an
effective Foreign Cross-Guarantee. 
 Foreign Domiciled Loan Parties: the Australian Domiciled Loan Parties, the Belgian
Domiciled Loan Parties, the Canadian Domiciled Loan Parties, the Dutch Domiciled Loan Parties, the New Zealand Domiciled Loan Parties, the Singapore Domiciled Loan Parties and the UK Domiciled Loan Parties. 

Foreign Facility Obligations: the Australian Facility Obligations, the Belgian Facility Obligations, the Canadian Facility
Obligations, the Dutch Facility Obligations, the New Zealand Facility Obligations, the Singapore Facility Obligations and the UK Facility Obligations. 
 Foreign Facility Secured Obligations: the Australian Facility Secured Obligations, the Belgian Facility Secured Obligations, the Canadian Facility Secured Obligations, the Dutch Facility Secured
Obligations, the New Zealand Facility Secured Obligations, the Singapore Facility Secured Obligations and the UK Facility Secured Obligations. 
 Foreign Lender: (a) with respect to each Borrower that is a U.S. Person, each Lender or Fronting Bank that is not a U.S. Person, and (b) with respect to each Borrower that is not a
U.S. Person, each Lender or Fronting Bank that is resident or organized under the laws of a jurisdiction other than that in which such Borrower is resident for tax purposes.  

Foreign Plan: any employee benefit plan, program, policy, arrangement or agreement maintained or contributed to by a Borrower or
any of its Subsidiaries with respect to employees employed outside of the United States or Canada, other than any state social security arrangements. 
 Foreign Revolver Commitments: the Australian Revolver Commitment, the Belgian Revolver Commitment, the Canadian Revolver Commitment, the Dutch Revolver Commitment, the New Zealand Revolver
Commitment, the Singapore Revolver Commitment and/or the UK Revolver Commitment, as the context requires. 
 Foreign
Subsidiary: a Subsidiary of a Borrower that is not a Domestic Subsidiary. 
 Fronting Bank: (a) an Australian
Fronting Bank, (b) a Belgian Fronting Bank, (c) a Canadian Fronting Bank, (d) a Dutch Fronting Bank, (e) a New Zealand Fronting Bank, (f) a Singapore Fronting Bank, (g) a UK Fronting Bank, and/or (h) a U.S.
Fronting Bank, as the context requires. 
 Fronting Bank Indemnitees: (a) Australian Fronting Bank Indemnitees,
(b) Belgian Fronting Bank Indemnitees, (c) Canadian Fronting Bank Indemnitees, (d) Dutch Fronting Bank Indemnitees (e) New Zealand Fronting Bank Indemnitees, (f) Singapore Fronting Bank Indemnitees, (g) UK Fronting Bank
Indemnitees, and/or (h) U.S. Fronting Bank Indemnitees, as the context requires. 

  
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 FSCO: The Financial Services Commission of Ontario or like body in Canada or in any
other province or territory or jurisdiction of Canada with whom a Canadian Pension Plan is required to be registered in accordance with Applicable Law and any other Governmental Authority succeeding to the functions thereof. 

Full Payment: with respect to any Obligations (other than unasserted contingent indemnity claims), (a) the full cash payment
thereof in the applicable currency required hereunder, including any interest and documented fees and other charges accruing during an Insolvency Proceeding (whether or not allowed in the proceeding); (b) if such Obligations are LC Obligations,
Bank Product Debt or inchoate or contingent in nature, Cash Collateralization thereof (or delivery of a standby letter of credit acceptable to Agent in its discretion, in the amount of required Cash Collateral); and (c) a release of any Claims
of Loan Parties against Agent, Security Trustees, Lenders and any Fronting Bank arising on or before the payment date. No Loans shall be deemed to have been paid in full until all Commitments related to such Loans have expired or been terminated.

 Funded Debt: all consolidated indebtedness of the Borrowers and the Restricted Subsidiaries (or so long as Parent is a
Passive Entity, Parent and the Restricted Subsidiaries) for borrowed money that matures more than one year from the date of its creation or matures within one year from such date that is renewable or extendable, at the option of any such Person, to
a date more than one year from such date or arises under a revolving credit or similar agreement that obligates the lender or lenders to extend credit during a period of more than one year from such date, including all amounts of Funded Debt
required to be paid or prepaid within one year from the date of its creation and, in the case of the Borrowers, Indebtedness in respect of the Loans. 
 GAAP: generally accepted accounting principles in effect in the United States, from time to time, applied consistently, subject to Section 1.2 hereof; provided that capital leases and
operating leases shall be subject to generally accepted accounting principles in effect in the United States on the date hereof. 
 General Intangibles: as defined in the UCC (and/or with respect to any General Intangible of a Canadian Domiciled Loan Party or New Zealand Domiciled Loan Party, an “intangible” as
defined in the PPSA or the PPSA New Zealand, and/or with respect to any General Intangible of an Australian Domiciled Loan Party, “intangible property” as defined in the PPSA Australia) or any other Applicable Law, as applicable.

 Governmental Approval: all authorizations, consents, approvals, licenses and exemptions of, registrations and
filings with, and required reports to, all Governmental Authorities. 
 Governmental Authority: any federal, state,
provincial, municipal, foreign or other governmental department, agency, commission, board, bureau, court, tribunal, instrumentality, political subdivision, authority, corporation or body, regulatory or self-regulatory organization or other entity
or officer exercising executive, legislative, judicial, statutory, regulatory or administrative functions for or pertaining to any government or court (including any supranational bodies such as the European Union), in each case whether it is or is
not associated with Australia, Belgium, Canada, the Netherlands, New Zealand, Singapore, the United Kingdom, the United States or any state, province, district or territory thereof, or any other foreign entity or government. 

  
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 GST Group: has the meaning given to it in the A New Tax System (Goods and Services
Tax) Act 1999 (Cth). 
 Guarantee: each guarantee agreement (including this Agreement) executed by a Guarantor in favor
of Agent guaranteeing all or any portion of the Secured Obligations. 
 Guarantee Obligations: as to any Person, any
obligation of such Person guaranteeing or intended to guarantee any Indebtedness of any other Person (the “primary obligor”) in any manner, whether directly or indirectly, including any obligation of such Person, whether or not contingent,
(a) to purchase any such Indebtedness or any property constituting direct or indirect security therefor, (b) to advance or supply funds (i) for the purchase or payment of any such Indebtedness or (ii) to maintain working capital
or equity capital of the primary obligor or otherwise to maintain the net worth or solvency of the primary obligor, (c) to purchase property, securities or services primarily for the purpose of assuring the owner of any such Indebtedness of the
ability of the primary obligor to make payment of such Indebtedness or (d) otherwise to assure or hold harmless the owner of such Indebtedness against loss in respect thereof; provided, however, that the term “Guarantee
Obligations” shall not include endorsements of instruments for deposit or collection in the Ordinary Course of Business or customary and reasonable indemnity obligations in effect on the Closing Date or entered into in connection with any
acquisition or disposition of assets permitted under this Agreement (other than such obligations with respect to Indebtedness). The amount of any Guarantee Obligation shall be deemed to be an amount equal to the stated or determinable amount of the
Indebtedness in respect of which such Guarantee Obligation is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof (assuming such Person is required to perform thereunder) as determined by such
Person in good faith. 
 Guarantor Payment: as defined in Section 5.10.3(b). 

Guarantors: Australian Facility Guarantors, Belgian Facility Guarantors, Canadian Facility Guarantors, Dutch Facility Guarantors,
New Zealand Facility Guarantors, Singapore Facility Guarantors, UK Facility Guarantors, U.S. Facility Guarantors, and each other Person who guarantees payment or performance of any Secured Obligations. 

Hazardous Materials: (a) any petroleum or petroleum products, radioactive materials, friable asbestos, urea formaldehyde foam
insulation, transformers or other equipment that contain dielectric fluid containing regulated levels of polychlorinated biphenyls, and radon gas; (b) any chemicals, materials or substances defined as or included in the definition of
“hazardous substances”, “hazardous waste”, “hazardous materials”, “extremely hazardous waste”, “restricted hazardous waste”, “toxic substances”, “toxic pollutants”,
“contaminants”, or “pollutants”, or words of similar import, under any applicable Environmental Law; and (c) any other chemical, material or substance, which is prohibited, limited or regulated by any Environmental Law.

  
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 Hedge Agreement: an Interest Rate Agreement, Currency Agreement or Commodity
Agreement entered into in the ordinary course of any Borrower’s or any of its Subsidiaries’ businesses. 

Historical Financial Statements: as of the Closing Date, (a) the audited consolidated financial statements of the Parent and
its Subsidiaries for the fiscal year ended December 31, 2011, (b) the unaudited consolidated financial statements of the Parent and its Subsidiaries for the fiscal quarter ended September 30, 2011 and (c) the unaudited
consolidated financial statements of the Parent and its Subsidiaries for the fiscal month ended January 31, 2012. 

HSBC: HSBC Bank plc. 
 HSBC Credit Agreement: that certain €60,000,000 Term and Revolving Facility Agreement dated as of 17 September 2010 (as amended), among MRC Transmark Group B.V. and Holdings UK, as
borrowers, and HSBC. 
 IFRS: International Financial Reporting Standards. 

Increase Date: as defined in Section 2.1.7(i). 
 Indebtedness: with respect to any Person shall mean (a) all indebtedness of such Person for borrowed money, (b) the deferred purchase price of assets or services that in accordance with
GAAP would be included as liabilities in the balance sheet of such Person, (c) the face amount of all letters of credit issued for the account of such Person and, without duplication, all drafts drawn thereunder, (d) all Indebtedness of a
second Person secured by any Lien on any property owned by such first Person, whether or not such Indebtedness has been assumed, (e) all Capitalized Lease Obligations of such Person, (f) all obligations of such Person under interest rate
swap, cap or collar agreements, interest rate future or option contracts, currency swap agreements, currency future or option contracts, commodity price protection agreements or other commodity price hedging agreements and other similar agreements
(but taking into account only the mark-to-market value or, if any actual amount is due as a result of the termination or close-out of such transaction, that amount) and (g) without duplication, all Guarantee Obligations of such Person, provided
that Indebtedness shall not include (i) trade payables and accrued expenses, in each case payable directly or through a bank clearing arrangement and arising in the Ordinary Course of Business, (ii) deferred or prepaid revenue,
(iii) purchase price holdbacks in respect of a portion of the purchase price of an asset to satisfy warranty or other unperformed obligations of the respective seller and (iv) all intercompany Indebtedness having a term not exceeding 364
days (inclusive of any roll-over or extensions of terms) and made in the Ordinary Course of Business. 
 Indemnified
Taxes: Taxes other than Excluded Taxes and Other Taxes. 
 Indemnitees: Agent Indemnitees, Lender Indemnitees,
Fronting Bank Indemnitees and Bank of America Indemnitees. 
 Information: as defined on Section 14.12. 

Initial Australian Borrowers: as defined in the preamble to this Agreement. 

  
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 Initial Belgian Borrower: as defined in the preamble to this Agreement. 

Initial Canadian Borrower: as defined in the preamble to this Agreement. 

Initial Dutch Borrowers: as defined in the preamble to this Agreement. 

Initial UK Borrowers: as defined in the preamble to this Agreement. 

Initial U.S. Borrowers: as defined in the preamble to this Agreement. 

Insolvency Proceeding: any case or proceeding, application, meeting convened, resolution passed, proposal, corporate action or any
other proceeding commenced by or against a Person under any state, provincial, federal or foreign law for, or any agreement of such Person to, (a) the entry of an order for relief under the U.S. Bankruptcy Code, or any other insolvency, debtor
relief, bankruptcy, receivership, debt adjustment law or other similar law (whether state, provincial, federal or foreign), including the Bankruptcy and Insolvency Act (Canada), the CCAA, the Singapore Companies Act, Chapter 50 and the Singapore
Bankruptcy Act, Chapter 20, Bankruptcy Act 1966 (Cth), the Corporations Act 2001 (Cth), the Companies Act 1993 (New Zealand), the Belgian bankruptcy law of 8 August 1997 and the Belgian law on the continuity of enterprises of 31 January
2009; (b) the appointment of a Creditor Representative or other custodian for such Person or any part of its Property; (c) an assignment or trust mortgage for the benefit of creditors; (d) the winding up or strike off the Person;
(e) the proposal or implementation of a scheme of arrangement; (f) a suspension of payment, moratorium of any debts, official assignment, composition or arrangement with a Person’s creditors; (g) in the case of an Australian
Domiciled Loan Party, any writ of execution, garnishee order, notice under section 120 of the PPSA Australia, mareva injunction or similar order, attachment, distress or other process is made, levied or issued against it or its assets, or such other
step is taken in relation to it being adjudicated or found unable to pay its debts when they fall due or it is (or states that it is) an insolvent under administration or insolvent (each as defined in the Corporations Act 2001 (Cth)); or (h) in
the case of a UK Domiciled Loan Party, any corporate action, legal proceedings or other procedure commenced or other step taken (including the making of an application, the presentation of a petition, the filing or service of a notice or the passing
of a resolution) in relation to (i) such UK Domiciled Loan Party being adjudicated or found insolvent, (ii) the suspension of payments, a moratorium of any indebtedness, winding-up, dissolution, administration or reorganization (by way of
voluntary arrangement, scheme of arrangement or otherwise) of such UK Domiciled Loan Party other than a solvent liquidation or reorganization of such UK Domiciled Loan Party, the terms of which have been previously approved in writing by the Agent,
(iii) a composition, assignment or arrangement with any class of creditors of such UK Domiciled Loan Party or (iv) the appointment of a liquidator, supervisor, receiver, administrator, administrative receiver, compulsory manager, trustee
or other similar officer in respect of such UK Domiciled Loan Party or any of its assets; provided, that clause (g) and (h) shall not apply to (A) any winding-up petition which is frivolous or vexatious or which is being
contested in good faith and, in each case, is discharged, stayed or dismissed within 21 days of commencement, or (B) any solvent reorganization contemplated or permitted by Section 10.2.3. 

  
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 Insolvency Regulation: the Council Regulation (EC) No. 1346/2000 29 May
2000 on Insolvency Proceedings. 
 Insurance Assignment: each collateral assignment of insurance pursuant to which a Loan
Party assigns to the Agent, for the benefit of the Secured Parties, such Loan Party’s rights under business interruption policies, as security for the Secured Obligations. 

Intercreditor Agreement: that certain Second Amended and Restated Intercreditor Agreement dated as of December 21, 2009,
among MRC, certain of its subsidiaries, The CIT Group/Business Credit, Inc., as co-collateral agent for the Revolving Credit Lenders (as defined therein), Bank of America, N.A., as co-collateral agent for the Revolving Credit Lenders, and U.S. Bank
National Association, as collateral trustee for itself and the Senior Secured Notes Secured Parties (as defined therein), the Additional Senior Secured Notes Secured Parties (as defined therein) and the Subordinated Lien Secured Parties (as defined
therein), as the same may be amended, supplemented or otherwise modified from time to time. 
 Interest Period: as
defined in Section 3.1.7. 
 Interest Period Loan: an Australian Bank Bill Rate Loan, a Canadian BA Rate Loan, a
LIBOR Loan, a New Zealand Bank Bill Rate Loan or a SIBOR Loan. 
 Interest Rate Agreement: any interest rate swap
agreement, interest rate cap agreement, interest rate collar agreement, interest rate hedging agreement or other similar agreement or arrangement, each of which is for the purpose of hedging the interest rate exposure associated with any
Borrower’s and its Subsidiaries’ operations and not for speculative purposes. 
 Inventory: as defined
in the UCC, the PPSA, the PPSA Australia, the PPSA New Zealand or any other Applicable Law, as applicable, including all goods intended for sale, lease, display or demonstration; all goods provided under a contract for services; all work in process;
and all raw materials, and other materials and supplies of any kind that are or could be used in connection with the manufacture, transformation, printing, packing, shipping, advertising, sale, lease or furnishing of such goods, or otherwise used or
consumed in a Borrower’s business (but excluding Equipment). 
 Inventory Appraisal: (a) on the Closing
Date, the appraisals prepared by HILCO Appraisal Services, LLC dated February 29, 2012 and (b) thereafter, the most recent inventory appraisal conducted by an independent appraisal firm and delivered pursuant to Section 10.1.15
hereof. 
 Investment: for any Person: (a) the acquisition (whether for cash, property, services or securities or
otherwise) of Stock, Stock Equivalents, bonds, notes, debentures, partnership or other ownership interests or other securities of any other Person (including any “short sale” or any sale of any securities at a time when such securities are
not owned by the Person entering into such sale); (b) the making of any deposit with, or advance, loan or other extension of credit to, any other Person (including the purchase of property from another Person subject to an understanding or
agreement, contingent or otherwise, to resell such property to such Person), but excluding any such advance, loan or extension of credit having a term not exceeding 364 days arising in the Ordinary Course of Business; or (c) the entering into
of any guarantee of, or other contingent obligation with respect to, Indebtedness. 

  
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 IRS: the United States Internal Revenue Service. 

ITA: the Income Tax Act 2007. 
 ITSA: an agreement between the members of a GST Group which takes effect as an indirect tax sharing agreement under section 444-90 of Schedule 1 of the Taxation Administration Act 1953 (Cth) and
complies with the Taxation Administration Act 1953 (Cth) and the A New Tax System (Goods and Services Tax) Act 1999 (Cth) as well as any applicable law, official directive, request, guideline or policy (whether or not having the force of law) issued
in connection with the Taxation Administration Act 1953 (Cth). 
 Joint Lead Arrangers: Merrill Lynch, Pierce,
Fenner & Smith Incorporated, Barclays Bank PLC, and Wells Fargo Capital Finance, LLC. 
 LC Document: any of the
Australian LC Documents, Belgian LC Documents, Canadian LC Documents, Dutch LC Documents, New Zealand LC Documents, Singapore LC Documents, UK LC Documents, and/or the U.S. LC Documents, as the context requires. 

LC Obligations: the Australian LC Obligations, the Belgian LC Obligations, the Canadian LC Obligations, Dutch LC Obligations, the
New Zealand LC Obligations, the Singapore LC Obligations, the UK LC Obligations and/or the U.S. LC Obligations, as the context requires. 
 LC Reserve: the Australian LC Reserve, the Belgian LC Reserve, the Canadian LC Reserve, Dutch LC Reserve, the New Zealand LC Reserve, the Singapore LC Reserve, the UK LC Reserve and/or the U.S. LC
Reserve, as the context requires. 
 Lender Indemnitees: Lenders, Affiliates of Lenders and their respective officers,
directors, members, partners, employees and agents. 
 Lenders: as defined in the preamble to this Agreement, including
(a) Bank of America and its Affiliates in their respective capacities as the Australian Swingline Lender, the Belgian Swingline Lender, the Canadian Swingline Lender, the Dutch Swingline Lender, the New Zealand Swingline Lender, the Singapore
Swingline Lender, the UK Swingline Lender and the U.S. Swingline Lender, (b) the Australian Lenders, (c) the Belgian Lenders, (d) the Canadian Lenders, (e) the Dutch Lenders, (f) the New Zealand Lenders, (g) the
Singapore Lenders, (h) the UK Lenders, (i) the U.S. Lenders and (j) their respective permitted successors and assigns and, where applicable, any Fronting Bank, and any other Person who hereafter becomes a “Lender” pursuant
to an Assignment and Acceptance. 
 Lending Office: the office designated as such by the Applicable Lender at the time it
becomes party to this Agreement or thereafter by notice to Agent and the relevant Loan Party Agent. 

  
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 Letter-of-Credit Right: as defined in the UCC, and in any event shall mean a right
to payment or performance under a letter of credit, whether or not the beneficiary has demanded or is at the time entitled to demand payment of performance. 
 Letters of Credit: the Australian Letters of Credit, the Belgian Letters of Credit, the Canadian Letters of Credit, the Dutch Letters of Credit, the New Zealand Letters of Credit, the Singapore
Letters of Credit, the UK Letters of Credit and/or the U.S. Letters of Credit, as the context requires. Letters of Credit includes the Existing U.S. Letters of Credit. 
 LIBOR: for any Interest Period with respect to a LIBOR Loan, the per annum rate of interest (rounded up, if necessary, to the nearest 1/8th of 1%), determined by Agent at approximately 11:00
a.m. (London time) two Business Days prior to commencement of such Interest Period (but in the case of a LIBOR Loan denominated in Sterling, Agent may determine LIBOR on the first day of the Interest Period), for a term comparable to such Interest
Period, equal to (a) the British Bankers Association LIBOR Rate (“BBA LIBOR”) for the relevant currency, as published by Reuters (or other commercially available source designated by Agent); or (b) if BBA LIBOR is not
available for any reason, the interest rate at which deposits in the relevant currency and approximate amount of the LIBOR Loan would be offered by Bank of America’s London branch to major banks in the London interbank market. If the Board of
Governors imposes a Reserve Percentage with respect to LIBOR deposits in Dollars, then LIBOR for Dollars shall be the foregoing rate, divided by 1 minus the Reserve Percentage. 

LIBOR Loan: each set of LIBOR Revolver Loans having a common currency, length and commencement of Interest Period. 

LIBOR Revolver Loan: a Revolver Loan that bears interest based on LIBOR; provided, however, that a Canadian Base
Rate Loan bearing interest as set forth in clause (c) of the definition of Canadian Base Rate, or a U.S. Base Rate Loan bearing interest as set forth in clause (c) of the definition of U.S. Base Rate, shall not constitute a LIBOR Revolver
Loan. 
 Lien: any mortgage, pledge (including, without limitation, disclosed, undisclosed, possessory and
non-possessory), security interest, hypothecation, assignment, statutory trust, deemed trust, privilege, lien, charge, bailment or similar encumbrance, whether statutory, based on common law, contract or otherwise, and including any agreement to
give any of the foregoing, any conditional sale or other title retention agreement, any reservation of ownership or any lease in the nature thereof. 
 Loan: a Revolver Loan. 
 Loan Account: as defined in
Section 5.7.1. 
 Loan Documents: this Agreement, the Other Agreements and the Security Documents. 

Loan Parties: the Australian Facility Loan Parties, the Belgian Facility Loan Parties, the Canadian Facility Loan Parties,
the Dutch Facility Loan Parties, the New Zealand Facility Loan Parties, the Singapore Facility Loan Parties, the UK Facility Loan Parties and the U.S. Facility Loan Parties, collectively, and “Loan Party” means any of the Loan
Parties, individually.  

  
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 Loan Party Agent: the Asian Loan Party Agent, the European Loan Party Agent
and/or the North American Loan Party Agent, as the context requires.  
 Loan Party Group: a group consisting of
(a) the Australian Facility Loan Parties, (b) the Belgian Facility Loan Parties, (c) the Canadian Facility Loan Parties, (d) the Dutch Facility Loan Parties, (e) the New Zealand Facility Loan Parties, (f) the Singapore
Facility Loan Parties, (g) the UK Facility Loan Parties or (h) the U.S. Facility Loan Parties, as the context requires. 
 Loan Party Group Obligations: with respect to (a) the Australian Facility Loan Parties, the Australian Facility Obligations, (b) the Belgian Facility Loan Parties, the Belgian Facility
Obligations, (c) the Canadian Facility Loan Parties, the Canadian Facility Obligations, (d) the Dutch Facility Loan Parties, the Dutch Facility Obligations, (e) the New Zealand Facility Loan Parties, the New Zealand Facility
Obligations, (f) the Singapore Facility Loan Parties, the Singapore Facility Obligations, (g) the UK Facility Loan Parties, the UK Facility Obligations, and (h) the U.S. Facility Loan Parties, U.S. Facility Obligations. 

Local Time: with respect to (a) Australian Revolver Loans and New Zealand Revolver Loans, prevailing time in Sydney,
Australia, (b) Belgian Revolver Loans, Dutch Revolver Loans and UK Revolver Loans, prevailing time in London, England, (c) Canadian Revolver Loans and U.S. Revolver Loans, Central time in the United States, and (d) Singapore Revolver
Loans, prevailing time in Singapore. 
 Mandatory Costs Rate: as defined in Schedule 3.8. 

Material Adverse Change: any event or circumstance which has resulted or is reasonably likely to result in a material adverse
change in the business, assets, operations, properties or financial condition of MRC and its Subsidiaries, taken as a whole or that would materially adversely affect the ability of the Loan Parties, taken as a whole, to perform their respective
payment obligations under this Agreement or any of the other Loan Documents. 
 Material Adverse Effect: a circumstance
or condition affecting the business, assets, operations, properties or financial condition of MRC and its Subsidiaries, taken as a whole, that would materially adversely affect (a) the business, assets, operations, properties, or financial
condition of the Borrowers and their Subsidiaries, taken as a whole, (b) the ability of the Loan Parties, taken as a whole, to perform their respective payment obligations under this Agreement or any of the other Loan Documents or (c) the
rights and remedies of the Agent, the Security Trustees and the Lenders under this Agreement or any of the other Loan Documents. 
 Material Subsidiary: at any date of determination, each Restricted Subsidiary of MRC (a) whose total assets at the last day of the Test Period ending on the last day of the most recent fiscal
period for which financial statements have been delivered pursuant to clause (a) or (b) of Section 10.1.1 were equal to or greater than 5% of the Consolidated Total Assets of MRC and its Restricted Subsidiaries at such date or
(b) whose gross revenues for such Test Period were equal to or greater than 5% of the consolidated gross revenues of MRC and its Restricted Subsidiaries for such period, in each case determined in accordance with GAAP. 

  
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 Maximum Australian Facility Amount: on any date of determination, the lesser of
(a) the Australian Revolver Commitments on such date and (b) $52,000,000 (or such greater or lesser amount after giving effect to any reductions in the Australian Revolver Commitments pursuant to Section 2.1.4 and/or to any Australian
Revolver Commitment Increase made pursuant to and in accordance with Section 2.1.7). 
 Maximum Belgian Facility
Amount: on any date of determination, the lesser of (a) the Belgian Revolver Commitments on such date and (b) $7,000,000 (or such greater or lesser amount after giving effect to any reductions in the Belgian Revolver Commitments
pursuant to Section 2.1.4 and/or to any Belgian Revolver Commitment Increase made pursuant to and in accordance with Section 2.1.7). 
 Maximum Canadian Facility Amount: on any date of determination, the lesser of (a) the Canadian Revolver Commitments on such date and (b) $145,000,000 (or such greater or lesser amount
after giving effect to any reductions in the Canadian Revolver Commitments pursuant to Section 2.1.4 and/or to any Canadian Revolver Commitment Increase made pursuant to and in accordance with Section 2.1.7). 

Maximum Dutch Facility Amount: on any date of determination, the lesser of (a) the Dutch Revolver Commitments on such date
and (b) $9,000,000 (or such greater or lesser amount after giving effect to any reductions in the Dutch Revolver Commitments pursuant to Section 2.1.4 and/or to any Dutch Revolver Commitment Increase made pursuant to and in accordance with
Section 2.1.7). 
 Maximum Facility Amount: the sum of the (a) Maximum Australian Facility Amount,
(b) Maximum Belgian Facility Amount, (c) Maximum Canadian Facility Amount, (d) Maximum Dutch Facility Amount, (e) Maximum New Zealand Facility Amount, (f) Maximum Singapore Facility Amount, (g) Maximum UK Facility
Amount, and (h) Maximum U.S. Facility Amount but, in any event, not to exceed $1,550,000,000. 
 Maximum Foreign
Facility Amount: the Maximum Australian Facility Amount, the Maximum Belgian Facility Amount, the Maximum Canadian Facility Amount, the Maximum Dutch Facility Amount, the Maximum New Zealand Facility Amount, the Maximum Singapore Facility Amount
and/or the Maximum UK Facility Amount, as the case may be. 
 Maximum New Zealand Facility Amount: on any date of
determination, the lesser of (a) the New Zealand Revolver Commitments on such date and (b) $0 (or such greater amount after giving effect to any New Zealand Revolver Commitment Increase made pursuant to and in accordance with
Section 2.1.7). 
 Maximum Singapore Facility Amount: on any date of determination, the lesser of (a) the
Singapore Revolver Commitments on such date and (b) $0 (or such greater amount after giving effect to any Singapore Revolver Commitment Increase made pursuant to and in accordance with Section 2.1.7). 

Maximum UK Facility Amount: on any date of determination, the lesser of (a) the UK Revolver Commitments on such date and
(b) $12,000,000 (or such greater or lesser amount after giving effect to any reductions in the UK Revolver Commitments pursuant to Section 2.1.4 and/or to any UK Revolver Commitment Increase made pursuant to and in accordance with
Section 2.1.7). 

  
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 Maximum U.S. Facility Amount: on any date of determination, the lesser of
(a) the U.S. Revolver Commitments on such date and (b) $1,025,000,000 (or such greater or lesser amount after giving effect to any reductions in the U.S. Revolver Commitments pursuant to Section 2.1.4 and/or to any U.S. Revolver
Commitment Increase made pursuant to and in accordance with Section 2.1.7). 
 Moody’s: Moody’s Investors
Service, Inc., and its successors. 
 MRC: as defined in the preamble to this Agreement. 

Multiemployer Plan: any employee benefit plan of the type described in Section 4001(a)(3) of ERISA and subject to Title IV of
ERISA, to which any U.S. Domiciled Loan Party or ERISA Affiliate domiciled in the U.S. makes or is obligated to make contributions, or during the preceding five plan years, has made or been obligated to make contributions with respect to employees
in the U.S. 
 Net Available Cash Account: as defined in Section 8.3. 

Net Orderly Liquidation Value: the orderly liquidation value (net of costs and expenses estimated to be incurred in connection
with such liquidation) of the Eligible Inventory that is estimated to be recoverable in an orderly liquidation of such Eligible Inventory, as determined from time to time by reference to the most recent Inventory Appraisal. 

New Lender: each Lender that becomes a party to this Agreement after the Closing Date. 

New Loan Party: Any Person that executes a supplement or joinder to this Agreement substantially in the form of Exhibit I
and becomes a Loan Party under this Agreement pursuant to Sections 10.1.13(a) or (b), Sections 10.2.1(b)(ix) or (x) or Section 10.2.3(b). 
 New Zealand Allocated U.S. Availability: U.S. Availability designated by the North American Loan Party Agent for application to clause (c) of a New Zealand Borrowing Base. 

New Zealand Applicable Margin: with respect to any LIBOR Loan to the New Zealand Borrowers, any New Zealand Bank Bill Rate Loan or
any New Zealand Base Rate Loan, a rate per annum specified in the joinder documentation for the initial New Zealand Lenders (which rate shall apply to all New Zealand Lenders). 

New Zealand Availability: as of any date of determination, (a) the lesser of (i) the New Zealand Revolver Commitments
minus all New Zealand LC Obligations as of such date of determination and (ii) the Total New Zealand Borrowing Base as of such date of determination, minus (b) the Dollar Equivalent of the principal balance of all New Zealand
Revolver Loans. 
 New Zealand Availability Reserves: the sum (without duplication) of (a) the aggregate amount of
the New Zealand Rent Reserve, if any, established pursuant to clause (h) of the definition of New Zealand Eligible Inventory; (b) the New Zealand LC Reserve; (c) the New Zealand Bank Product Reserve; (d) the New Zealand Priority
Payables Reserve; and (e) such additional reserves, in such amounts and with respect to such matters, as the Agent may establish in its Permitted Discretion. 

  
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 New Zealand Bank Bill Rate: with respect to each Interest Period for a New Zealand
Bank Bill Rate Loan, the rate (expressed as a percentage per annum) that the Agent ascertains is the average bid rate (rounded up, if necessary, to the nearest four decimal places) displayed at or about 11:00 a.m. (Auckland, New Zealand time) on the
first day of that Interest Period on page BKBM (or its successor page) on the Reuters Monitor Screen for a term equivalent or closest to the Interest Period. 
 New Zealand Bank Bill Rate Loan: a New Zealand Revolver Loan, or portion thereof, funded in New Zealand Dollars and bearing interest calculated by reference to the New Zealand Bank Bill Rate.

 New Zealand Bank Product Reserve: the aggregate amount of reserves, as established by the Agent from time to time in
its Permitted Discretion and in consultation with the Asian Loan Party Agent, to reflect the reasonably anticipated liabilities in respect of the then outstanding Secured Bank Product Obligations of the New Zealand Domiciled Loan Parties.

 New Zealand Base Rate Loan: a New Zealand Revolver Loan, or portion thereof, funded in New Zealand Dollars, Dollars or
Euros and bearing interest calculated by reference to the Eurasian Base Rate. 
 New Zealand Borrowers: each New Zealand
Subsidiary that, after the date hereof, has executed a supplement or joinder to this Agreement in accordance with Section 10.1.13 and has satisfied the other requirements set forth in Section 10.1.13 in order to become a New Zealand
Borrower. 
 New Zealand Borrowing Base: at any time, with respect to the Applicable New Zealand Borrower, an amount
equal to the sum (expressed in Dollars, based on the Dollar Equivalent thereof) of, without duplication: 
 (a)
the book value of New Zealand Eligible Accounts of the Applicable New Zealand Borrower multiplied by the advance rate of 85%, plus 
 (b) the lesser of (i) 70% of the net book value of New Zealand Eligible Inventory of the Applicable New Zealand Borrower and (ii) 85% of the Net Orderly Liquidation Value of New Zealand Eligible
Inventory of the Applicable New Zealand Borrower (which shall be (A) net of the current monthly shrinkage reserve calculated in accordance with GAAP and (B) valued at Cost), plus 

(c) New Zealand Allocated U.S. Availability for such Applicable New Zealand Borrower, minus 

(d) subject to Section 7.5, effective (i) immediately upon or (ii) five (5) Business Days after, in
the case of New Zealand Availability Reserves allocable to the Applicable New Zealand Borrower which would cause the aggregate amount of the New Zealand Revolver Loans allocable to the Applicable New Zealand Borrower at such time to exceed the
lesser of the Applicable New Zealand Borrower’s Applicable New Zealand Borrower Commitment and the Applicable New Zealand Borrower’s New Zealand Borrowing Base then in effect, in each case, notification thereof to the Asian Loan Party
Agent by the Agent, any and all such New Zealand Availability Reserves. 

  
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 The New Zealand Borrowing Base at any time shall be determined by reference to the most recent Borrowing
Base Certificate theretofore delivered to the Agent with such adjustments as the Agent deems appropriate in its Permitted Discretion to assure that the New Zealand Borrowing Base is calculated in accordance with the terms of this Agreement.

 New Zealand Cash Collateral Account: a demand deposit, money market or other account established by Agent at Bank of
America (Australia) or such other financial institution as Agent may select in its discretion with the consent of Asian Loan Party Agent (not to be unreasonably withheld or delayed), which account shall be for the benefit of the New Zealand Facility
Secured Parties and shall be subject to Agent’s or AUS-NZ Security Trustee’s Liens securing the New Zealand Facility Secured Obligations; provided that the foregoing consent of Asian Loan Party Agent to the selection by Agent in its
discretion of a financial institution other than Bank of America (Australia) shall not be required if an Event of Default has occurred and is continuing. 
 New Zealand Dollar: the lawful currency of New Zealand. 
 New Zealand
Domiciled Loan Party: any New Zealand Borrower and each New Zealand Subsidiary now or hereafter party hereto as a Loan Party, and “New Zealand Domiciled Loan Parties” means all such Persons, collectively. 

New Zealand Dominion Account: each special account established by the New Zealand Domiciled Loan Parties at Bank of America
(Australia) over which Agent or AUS-NZ Security Trustee has exclusive control for withdrawal purposes. 
 New Zealand
Eligible Accounts: at any time, the Accounts of the Applicable New Zealand Borrower at such date except any Account: 
 (a) which is not subject to a valid Lien in favor of the Agent or AUS-NZ Security Trustee (including under the relevant laws of the Account Debtor’s jurisdiction of organization or incorporation);

 (b) which is subject to any Lien (including Liens permitted by Section 10.2.2) other than (i) a Lien
in favor of the Agent or AUS-NZ Security Trustee and (ii) a Permitted Lien which does not have priority over the Lien in favor of the Agent; provided that, with respect to any tax Lien having such priority, eligibility of Accounts shall
be reduced by the amount of such tax Lien having such priority; 
 (c) owing by any Account Debtor with respect
to which more than 120 days have elapsed since the date of the original invoice therefor or which is more than 60 days past the due date for payment; 
 (d) which is owing by an Account Debtor for which more than 50% of the Accounts owing from such Account Debtor and its Affiliates are ineligible pursuant to clause (c) above; 

  
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 (e) which is owing by any Account Debtor to the extent the aggregate amount
of otherwise New Zealand Eligible Accounts owing from such Account Debtor and its Affiliates to New Zealand Borrowers exceeds 20% of the aggregate New Zealand Eligible Accounts (or such higher percentage as the Agent may establish for the Account
Debtor from time to time), in each case, only to the extent of such excess; 
 (f) with respect to which any
covenant, representation, or warranty relating to such Account contained in this Agreement or a Security Document has been breached or is not true in any material respect; 

(g) which (i) does not arise from the sale of goods or performance of services in the Ordinary Course of Business,
(ii) is not evidenced by an invoice, or other documentation satisfactory to the Agent, which has been sent to the Account Debtor, (iii) represents a progress billing, (iv) is contingent upon the Applicable New Zealand Borrower’s
completion of any further performance, or (v) represents a sale on a bill-and-hold, guaranteed sale, sale-and-return, sale on approval, consignment which is billed prior to actual sale to the end user, cash-on-delivery or any other repurchase
or return basis, except with respect to up to $15,000,000 of such Accounts in the aggregate for all Borrowing Bases on a combined basis; 
 (h) for which the goods giving rise to such Account (other than Accounts described in the foregoing paragraph (g)(v)) have not been shipped to the Account Debtor or for which the services giving rise to
such Account have not been performed by the Applicable New Zealand Borrower; 
 (i) with respect to which any
check or other instrument of payment has been returned uncollected for any reason; 
 (j) which is owed by an
Account Debtor in respect of which an Insolvency Proceeding has been commenced or which is otherwise a debtor or a debtor in possession under any bankruptcy law or any other federal, state or foreign (including any province or territory)
receivership, insolvency relief or other law or laws for the relief of debtors, including the Companies Act 1993 and/or the Receiverships Act 1993, unless the payment of Accounts from such Account Debtor is secured by assets of, or guaranteed
by, in either case, in a manner reasonably satisfactory to the Agent, a Person that is reasonably acceptable to the Agent or, if the Account from such Account Debtor arises subsequent to a decree or order for relief with respect to such Account
Debtor under the Companies Act 1993 and/or the Receiverships Act 1993, as now or hereafter in effect, the Agent shall have reasonably determined that the timely payment and collection of such Account will not be impaired; 

(k) which is owed by an Account Debtor which has failed, has suspended or ceased doing business, is liquidating,
dissolving or winding up its affairs or is not Solvent; 
 (l) which is owed by an Account Debtor which is not
organized under the applicable law of an Eligible Account Debtor Jurisdiction unless such Account is backed by a letter of credit or other credit support reasonably acceptable to the Agent and which is in the possession of the Agent; 

  
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 (m) which is owed in any currency other than an Eligible Account Currency;

 (n) which is owed by any Governmental Authority (other than a Governmental Authority in New Zealand), unless
(i) such Account is backed by a letter of credit reasonably acceptable to the Agent and which is in the possession of the Agent or (ii) Agent otherwise approves; 

(o) which is owed by any Affiliate, employee, director, or officer of any Loan Party; provided that portfolio
companies of the Sponsor that do business with the Applicable New Zealand Borrower in the Ordinary Course of Business will not be treated as Affiliates for purposes of this clause (o); 

(p) which is owed by an Account Debtor or any Affiliate of such Account Debtor which is the holder of Indebtedness issued
or incurred by any Loan Party; provided, that any such Account shall only be ineligible as to that portion of such Account which is less than or equal to the amount owed by the Loan Party to such Person; 

(q) which is subject to any counterclaim, deduction, defense, setoff, right of compensation or dispute, but only to the
extent of the amount of such counterclaim, deduction, defense, setoff, right of compensation or dispute, unless (i) the Agent, in its Permitted Discretion, has established New Zealand Availability Reserves and determines to include such Account
as a New Zealand Eligible Account or (ii) such Account Debtor has entered into an agreement reasonably acceptable to the Agent to waive such rights; 
 (r) which is evidenced by any promissory note, Chattel Paper or Instrument (in each case, other than any such items that are delivered to the Agent or the AUS-NZ Security Trustee); 

(s) which is owed by an Account Debtor located in any jurisdiction that requires, as a condition to access to the courts
of such jurisdiction, that a creditor qualify to transact business, file a business activities report or other report or form, or take one or more other actions, unless the Applicable New Zealand Borrower has so qualified, filed such reports or
forms, or taken such actions (and, in each case, paid any required fees or other charges), except to the extent the Applicable New Zealand Borrower may qualify subsequently as a foreign entity authorized to transact business in such jurisdiction and
gain access to such courts, without incurring any cost or penalty reasonably viewed by the Agent to be material in amount, and such later qualification cures any access to such courts to enforce payment of such Account; 

(t) with respect to which the Applicable New Zealand Borrower has made any agreement with the Account Debtor for any
reduction thereof, but only to the extent of such reduction, other than discounts and adjustments given in the Ordinary Course of Business; or 

  
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 (u) which the Agent determines is ineligible in its Permitted Discretion.

 Subject to Sections 14.1 and 7.5 and the definition of New Zealand Borrowing Base, the Agent may modify the foregoing criteria in its
Permitted Discretion. 
 New Zealand Eligible Inventory: at any date of determination thereof, the aggregate amount of
all Inventory owned by the Applicable New Zealand Borrower at such date except any Inventory: 
 (a) which is not
subject to a valid Lien in favor of the Agent or AUS-NZ Security Trustee; 
 (b) which is subject to any Lien
(including Liens permitted by Section 10.2.2) other than (i) a Lien in favor of the Agent or AUS-NZ Security Trustee and (ii) a Permitted Lien which does not have priority over the Lien in favor of the Agent or AUS-NZ Security Trustee
(other than any bailee, warehouseman, landlord or similar non-consensual Liens having priority by operation of law to the extent either subclause (i) or (ii) of clauses (h) or (i) below of New Zealand Eligible Inventory is
satisfied with respect to the relevant Inventory); provided that, with respect to any tax Lien having such priority, eligibility of Inventory shall be reduced by the amount of such tax Lien having such priority; 

(c) which is, in the Agent’s Permitted Discretion, slow moving, obsolete, unmerchantable, defective, unfit for sale,
not salable at prices approximating at least the cost of such Inventory in the Ordinary Course of Business or unacceptable due to age, type, category and/or quantity; 

(d) with respect to which any covenant, representation or warranty contained in this Agreement or any Security Document
has been breached or is not true in any material respect; 
 (e) which does not conform in all material respects
to all standards imposed by any applicable Governmental Authority (except that any standard that is qualified as to “materiality” shall have been conformed to in all respects); 

(f) which constitutes packaging and shipping material, manufacturing supplies, display items, bill-and-hold goods (other
than bill-and-hold goods, the sale of which has been excluded from New Zealand Eligible Accounts pursuant to clause (g)(v) of the definition thereof), returned or repossessed goods (other than goods that are undamaged and able to be resold in the
Ordinary Course of Business), defective goods, goods held on consignment, goods to be returned to the Applicable New Zealand Borrower’s suppliers or goods which are not of a type held for sale in the Ordinary Course of Business; 

(g) which is not located in New Zealand or is not at a location listed on Schedule 8.4.1 (as updated from time
to time in accordance with the provisions hereof) other than goods in transit between locations of the New Zealand Domiciled Loan Parties; 

  
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 (h) which is located in any location leased by the Applicable New Zealand
Borrower unless (i) the lessor has delivered to the Agent a Collateral Access Agreement or (ii) a New Zealand Rent Reserve has been established by the Agent; 

(i) which is located in any third party warehouse or is in the possession of a bailee, processor or other Person and is
not evidenced by a Document, unless (i) such warehouseman, bailee, processor or other Person has delivered to the Agent a Collateral Access Agreement and/or such other documentation as the Agent may reasonably require or (ii) appropriate
New Zealand Availability Reserves have been established by the Agent in its Permitted Discretion; 
 (j) which is
the subject of a consignment by the Applicable New Zealand Borrower as consignor unless (i) a protective PPSA New Zealand financing statement has been properly filed against the consignee (as assigned to the Agent or the AUS-NZ Security
Trustee), and (ii) there is a written agreement acknowledging that such Inventory is held on consignment, that the Applicable New Zealand Borrower retains title to such Inventory, that no Lien arising by, through or under such consignment has
attached or will attach to such Inventory (and proceeds thereof) and requiring consignee to segregate the consigned Inventory from the consignee’s other personal or movable property; 

(k) which is perishable as determined in accordance with GAAP; or 

(l) which contains or bears any intellectual property rights licensed to the Applicable New Zealand Borrower unless the
Agent is satisfied that it may sell or otherwise dispose of such Inventory without (i) infringing the rights of such licensor in any material respect or (ii) incurring any material liability with respect to payment of royalties other than
royalties incurred pursuant to sale of such Inventory under the current licensing agreement. 
 Subject to Sections 14.1
and 7.5 and the definition of New Zealand Borrowing Base, the Agent may modify the foregoing criteria in its Permitted Discretion. 
 New Zealand Facility Collateral: Collateral that now or hereafter secures (or is intended to secure) any of the New Zealand Facility Secured Obligations, including Property of the U.S. Domiciled
Loan Parties pledged to secure the New Zealand Facility Secured Obligations under their guarantee of the Secured Obligations. 

New Zealand Facility Guarantor: each U.S. Borrower, each U.S. Facility Guarantor and each other Person (if any) who guarantees
payment and performance of any New Zealand Facility Secured Obligations. 
 New Zealand Facility Loan Party: a New
Zealand Borrower or a New Zealand Facility Guarantor. 
 New Zealand Facility Obligations: all Obligations of the New
Zealand Facility Loan Parties, including, following the Foreign Cross-Guarantee Date for any New Zealand Facility Loan Party, the other Foreign Facility Obligations that are the subject of such Foreign Cross-Guarantee (but excluding, for the
avoidance of doubt, the Obligations of the U.S. Domiciled Loan Parties as guarantors of any U.S. Facility Obligations). 

  
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 New Zealand Facility Secured Obligations: all Secured Obligations of the New Zealand
Facility Loan Parties, including, following the Foreign Cross-Guarantee Date for any New Zealand Facility Loan Party, the other Foreign Facility Secured Obligations that are the subject of such Foreign Cross-Guarantee (but excluding, for the
avoidance of doubt, the Obligations of the U.S. Domiciled Loan Parties as guarantors of any U.S. Facility Secured Obligations.) 

New Zealand Facility Secured Parties: Agent, AUS-NZ Security Trustee, any New Zealand Fronting Bank, New Zealand Lenders and
Secured Bank Product Providers of Bank Products to New Zealand Domiciled Loan Parties, and, following the Foreign Cross-Guarantee Date for any New Zealand Domiciled Loan Party, the other Secured Parties that are the beneficiaries of such Foreign
Cross-Guarantee. 
 New Zealand Fronting Bank: (a) Bank of America (Australia) or any Affiliate thereof that agrees
to issue New Zealand Letters of Credit, (b) if reasonably acceptable to Asian Loan Party Agent, any other New Zealand Lender or Affiliate thereof that agrees to issue New Zealand Letters of Credit, or (c) if requested by Asian Loan Party
Agent and subject to Section 2.10, a Non-Lender Fronting Bank that agrees to issue New Zealand Letters of Credit. 
 New
Zealand Fronting Bank Indemnitees: any New Zealand Fronting Bank and its officers, directors, employees, Affiliates and agents. 
 New Zealand LC Application: an application by any New Zealand Borrower on behalf of itself or any other New Zealand Borrower to a New Zealand Fronting Bank for issuance of a New Zealand Letter of
Credit, in form and substance reasonably satisfactory to such New Zealand Fronting Bank. 
 New Zealand LC Conditions:
the following conditions necessary for issuance of a New Zealand Letter of Credit: (a) each of the conditions set forth in Section 6 being satisfied or waived; (b) after giving effect to such issuance, the total Ex-NA LC Obligations
do not exceed the Ex-NA Letter of Credit Sublimit, no New Zealand Overadvance exists or would result therefrom and, in the case of any New Zealand Borrower, Section 2.11 is satisfied; (c) the expiration date of such New Zealand Letter of
Credit is (i) no more than 365 days from issuance (provided that each New Zealand Letter of Credit may, upon the request of the Applicable New Zealand Borrower, include a provision whereby such Letter of Credit shall be renewed
automatically for additional consecutive periods of twelve (12) months or less (but no later than 20 Business Days prior to the Facility Termination Date)), and (ii) unless the applicable New Zealand Fronting Bank and the Agent otherwise
consent (subject to the satisfaction of the Cash Collateral requirements set forth in Section 2.6.3), at least 20 Business Days prior to the Facility Termination Date; (d) the New Zealand Letter of Credit and payments thereunder are
denominated in New Zealand Dollars, Dollars or Euros; (e) the form of the proposed New Zealand Letter of Credit is reasonably satisfactory to the Agent and the applicable New Zealand Fronting Bank; and (f) the proposed use of the New
Zealand Letter of Credit is for a lawful purpose. 

  
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 New Zealand LC Documents: all documents, instruments and agreements (including New
Zealand LC Requests and New Zealand LC Applications) delivered by any New Zealand Borrower or by any other Person to a New Zealand Fronting Bank or the Agent in connection with issuance, amendment or renewal of, or payment under, any New Zealand
Letter of Credit. 
 New Zealand LC Obligations: with respect to the Applicable New Zealand Borrower, the Dollar
Equivalent of the sum (without duplication) of (a) all amounts owing by such Applicable New Zealand Borrower for any drawings under New Zealand Letters of Credit; (b) the stated amount of all outstanding New Zealand Letters of Credit
issued for the account of such Applicable New Zealand Borrower; and (c) all fees and other amounts owing with respect to such New Zealand Letters of Credit. 
 New Zealand LC Request: a request for issuance of a New Zealand Letter of Credit, to be provided by a New Zealand Borrower to a New Zealand Fronting Bank, in form reasonably satisfactory to Agent
and such New Zealand Fronting Bank. 
 New Zealand LC Reserve: with respect to the Applicable New Zealand Borrower, the
aggregate of all New Zealand LC Obligations of such Applicable New Zealand Borrower, other than (a) those that have been Cash Collateralized and (b) if no Event of Default exists, those constituting charges owing to any New Zealand
Fronting Bank. 
 New Zealand Lenders: each Lender that has issued a New Zealand Revolver Commitment (provided
that such Person or an Affiliate of such Person also has a U.S. Revolver Commitment). 
 New Zealand Letter of Credit:
any standby or documentary letter of credit issued by a New Zealand Fronting Bank for the account of a New Zealand Borrower, or any indemnity, guarantee, exposure transmittal memorandum or similar form of credit support issued by Agent or a New
Zealand Fronting Bank for the benefit of a New Zealand Borrower. 
 New Zealand Overadvance: as defined in
Section 2.1.5(e). 
 New Zealand Overadvance Loan: a Loan made to a New Zealand Borrower when a New Zealand
Overadvance exists or is caused by the funding thereof. 
 New Zealand Overadvance Loan Balance: on any date, the Dollar
Equivalent of the amount by which the aggregate New Zealand Revolver Loans of the Applicable New Zealand Borrower or all New Zealand Borrowers, as the case may be, exceed the amount of the New Zealand Borrowing Base of such Applicable New Zealand
Borrower or the Total New Zealand Borrowing Base, as applicable, on such date. 
 New Zealand Priority Payables Reserve:
on any date of determination, a reserve in such amount as Agent may determine in its Permitted Discretion which reflects amounts secured by any Liens, choate or inchoate, which rank or are capable of ranking in priority to the Agent’s and/or
the Secured Parties’ Liens and/or for amounts which may represent costs relating to the enforcement of the Agent’s or AUS-NZ Security Trustee’s Liens including, without limitation, any preferential claims as set out in the Companies
Act 1993 or amounts currently or past due and not paid for realty, municipal or similar taxes (to the extent impacting any New Zealand Facility Collateral). 

  
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 New Zealand Protective Advances: as defined in Section 2.1.6(e). 

New Zealand Reimbursement Date: as defined in Section 2.6.2(a). 

New Zealand Rent Reserve: the aggregate of (a) all past due rent and other past due charges owing by any New Zealand Borrower
to any landlord or other Person who possesses any New Zealand Facility Collateral or could assert a Lien on such New Zealand Facility Collateral; plus (b) a reserve in an amount not to exceed rent and other charges that could be payable
to any such Person for the time period used to determine the Net Orderly Liquidation Value of New Zealand Facility Collateral. 

New Zealand Revolver Commitment: for any New Zealand Lender, its obligation to make New Zealand Revolver Loans and to issue New
Zealand Letters of Credit, in the case of any New Zealand Fronting Bank, or participate in New Zealand LC Obligations, in the case of the other New Zealand Lenders, to the New Zealand Borrowers up to the maximum principal amount shown in the joinder
documentation for such New Zealand Lender or as thereafter determined pursuant to each Assignment and Acceptance to which it is a party, as such New Zealand Revolver Commitment may be adjusted from time to time in accordance with the provisions of
Sections 2.1.4, 2.1.7 or 11.1. “New Zealand Revolver Commitments” means the aggregate amount of such commitments of all New Zealand Lenders. As of the Closing Date, the New Zealand Revolver Commitments are $0. 

New Zealand Revolver Commitment Increase: as defined in Section 2.1.7(e). 

New Zealand Revolver Commitment Termination Date: the earliest of (a) the U.S. Revolver Commitment Termination Date (without
regard to the reason therefor), (b) the date on which the Asian Loan Party Agent terminates or reduces to zero all of the New Zealand Revolver Commitments pursuant to Section 2.1.4, and (c) the date on which the New Zealand Revolver
Commitments are terminated pursuant to Section 11.1. From and after the New Zealand Revolver Commitment Termination Date, the New Zealand Borrowers shall no longer be entitled to request a New Zealand Revolver Commitment Increase pursuant to
Section 2.1.7 hereof. 
 New Zealand Revolver Exposure: on any date, the Dollar Equivalent of an amount equal to the
sum of (a) the New Zealand Revolver Loans outstanding on such date and (b) the New Zealand LC Obligations on such date. 
 New Zealand Revolver Loan: a Revolver Loan made by New Zealand Lenders to a New Zealand Borrower pursuant to Section 2.1.1(e), which Revolver Loan shall, if denominated in New Zealand Dollars,
be either a New Zealand Bank Bill Rate Loan or a New Zealand Base Rate Loan and, if denominated in Dollars or Euros, shall be either a LIBOR Loan or a New Zealand Base Rate Loan, in each case as selected by Applicable New Zealand Borrower, and
including any New Zealand Swingline Loan, New Zealand Overadvance Loan or New Zealand Protective Advance. 

  
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 New Zealand Revolver Notes: the promissory notes, if any, executed by New Zealand
Borrowers in favor of each New Zealand Lender to evidence the New Zealand Revolver Loans funded from time to time by such New Zealand Lender, which shall be in the form of Exhibit C-5 to this Agreement, together with any replacement or
successor notes therefor. 
 New Zealand Security Agreements: each security agreement among any New Zealand Domiciled
Loan Party and Agent or the AUS-NZ Security Trustee. 
 New Zealand Subsidiary: Each Wholly-Owned Subsidiary of MRC
incorporated or organized under the laws of New Zealand. 
 New Zealand Swingline Commitment: for the New Zealand
Swingline Lender, the maximum principal amount shown in the joinder documentation for the New Zealand Swingline Lender up to which it may make New Zealand Swingline Loans. 
 New Zealand Swingline Commitment Termination Date: with respect to any New Zealand Swingline Loan, the date that is five Business Days prior to the New Zealand Revolver Commitment Termination Date.

 New Zealand Swingline Lender: Bank of America (Australia) or an Affiliate of Bank of America (Australia).  

New Zealand Swingline Loan: a Swingline Loan made by the New Zealand Swingline Lender to a New Zealand Borrower pursuant to
Section 2.1.8(e), which Swingline Loan shall be a New Zealand Base Rate Loan. 
 Non-Bank Certificate: as defined in
Section 5.9.2. 
 Non-Core Assets: the assets described on Schedule 10.2.4. 

Non-Lender Fronting Bank: a financial institution that is not a Lender or an Affiliate of a Lender and is permitted by Agent to
issue Letters of Credit for the benefit of certain Foreign Borrowers (other than the Canadian Borrowers) in accordance with the terms of Section 2.10. 
 North American Loan Party Agent: as defined in Section 4.4.1. 

Notes: each Revolver Note or other promissory note executed by a Borrower to evidence any Obligations. 

Notes Priority Lien Collateral: as defined in the Intercreditor Agreement. 

Notes Priority Lien Debt: as defined in the Intercreditor Agreement. 

Notes Priority Liens: as defined in the Intercreditor Agreement. 

Notice of Borrowing: a Notice of Borrowing to be provided by the relevant Loan Party Agent to request a Borrowing of Loans, in the
form attached hereto as Exhibit E or otherwise in form reasonably satisfactory to Agent and such Loan Party Agent. 

  
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 Notice of Conversion/Continuation: a Notice of Conversion/Continuation to be
provided by the relevant Loan Party Agent to request a conversion or continuation of any Loans as Australian Bank Bill Rate Loans, Canadian BA Rate Loans, LIBOR Loans, New Zealand Bank Bill Rate Loans or SIBOR Loans, in the form attached hereto as
Exhibit F or otherwise in form reasonably satisfactory to Agent and such Loan Party Agent. 
 Obligations:
all (a) principal of and premium, if any, on the Loans, (b) LC Obligations and other obligations of the Loan Parties with respect to Letters of Credit, (c) interest, expenses, fees, indemnification obligations, Extraordinary Expenses
and other amounts payable by the Loan Parties under the Loan Documents and (d) other Indebtedness, obligations and liabilities of any kind owing by the Loan Parties pursuant to the Loan Documents, whether now existing or hereafter arising,
whether evidenced by a note or other writing, whether allowed in any Insolvency Proceeding, whether arising from an extension of credit, issuance of a letter of credit, acceptance, loan, guarantee, indemnification or otherwise, and whether direct or
indirect, absolute or contingent, due or to become due, primary or secondary, or joint or several. 
 Ordinary Course of
Business: with respect to any Person, the ordinary course of business of such Person, consistent with past practices or, with respect to actions taken by such Person for which no past practice exists, consistent with past practices of similarly
situated companies, and, in each case, undertaken in good faith. 
 Organic Documents: with respect to any Person, its
charter, certificate or articles of incorporation, continuation or amalgamation, bylaws, articles of organization, coordinated articles of association, limited liability agreement, operating agreement, members agreement, shareholders agreement,
partnership agreement, certificate of partnership, certificate of formation, memorandum or articles of association, constitution, voting trust agreement, or similar agreement or instrument governing the formation or operation of such Person.

 Other Agreement: each: Note; LC Document; Fee Letter; Intercreditor Agreement; Borrowing Base Certificate; Compliance
Certificate; Subordination Agreement; or other document, instrument, certificate, notice, report or agreement (other than this Agreement or a Security Document) now or hereafter delivered by or on behalf of a Loan Party to Agent, a Security Trustee,
a Fronting Bank or a Lender in connection with any transactions relating hereto. 
 Other Taxes: all present or future
stamp or documentary taxes or any other excise or property taxes, charges or similar levies arising from any payment made under any Loan Document or from the execution, delivery or enforcement of, or otherwise with respect to, any Loan Document.

 Overadvance: an Australian Overadvance, a Belgian Overadvance, a Canadian Overadvance, a Dutch Overadvance, a New
Zealand Overadvance, a Singapore Overadvance, a UK Overadvance or a U.S. Overadvance, as the context requires. 
 Overadvance
Loan: an Australian Overadvance Loan, a Belgian Overadvance Loan, a Canadian Overadvance Loan, a Dutch Overadvance Loan, a New Zealand Overadvance Loan, a Singapore Overadvance Loan, a UK Overadvance Loan and/or a U.S. Overadvance Loan, as the
context requires. 

  
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 Parent: MRC Global Inc. (formerly McJunkin Red Man Holding Corporation), a Delaware
corporation. 
 Participant: as defined in Section 13.2.1. 

Participant Register: as defined in Section 13.2.1. 
 Participating Member State: any member state of the European Communities that adopts or has adopted the Euro as its lawful currency in accordance with the legislation of the European Community
relating to the Economic and Monetary Union. 
 Passive Entity: a Person that conducts no business activity other than
the ownership of Stock and has no Indebtedness other than Guarantee Obligations relating to its Subsidiaries. 
 Patriot
Act: the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, Pub. L. No. 107-56, 115 Stat. 272 (2001). 

Payment Item: each check, draft or other item of payment payable to a Loan Party, including those constituting proceeds of any
Collateral. 
 PBA: the Pensions Benefits Act (Ontario) or any other Canadian federal or provincial or territorial
pension benefit standards legislation pursuant to which any Canadian Pension Plan is required to be registered. 
 PBGC:
the Pension Benefit Guaranty Corporation. 
 Pensions Regulator: the body corporate in the UK called the Pensions
Regulator established under Part I of the Pensions Act 2004. 
 Perfection Certificate: shall mean a certificate
disclosing information regarding the Loan Parties in the form of Exhibit G or any other form approved by the Agent. 

Permitted Acquisition: the acquisition, by merger or otherwise, by any Borrower or any of the Restricted Subsidiaries of assets
constituting all or substantially all of a division, line of business or assets of another Person or Persons or Stock or Stock Equivalents, so long as (a) such acquisition and all transactions related thereto shall be consummated in accordance
with Applicable Law; (b) such acquisition shall result in the issuer of such Stock or Stock Equivalents becoming a Restricted Subsidiary and a Guarantor, to the extent required by Section 10.1.13; (c) such acquisition shall result in
the Agent or a Security Trustee, for the benefit of the Secured Parties, being granted a Lien in any Stock, Stock Equivalent or any assets so acquired, to the extent required by Sections 10.1.13 and/or 10.1.16; (d) after giving pro forma
effect to such acquisition as of the closing of such acquisition, no Default or Event of Default shall have occurred and be continuing; (e) after giving pro forma effect to such acquisition as of the closing of such acquisition, either
(1) both (A) Excess Availability shall be greater than the higher of (x)

  
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10% of the Commitments and (y) $95,000,000 and (B) the Consolidated Fixed Charge Coverage Ratio determined as of the most recent Test Period for which financial statements have been
delivered pursuant to clause (a) or (b) of Section 10.1.1 shall be greater than 1.0 to 1.0 or (2) Excess Availability shall be greater than the higher of (x) 15% of the Commitments and (y) $150,000,000 and (f) any
Indebtedness incurred to finance the acquisition is permitted to be incurred by the Senior Secured Notes Indenture (except to the extent the Indebtedness thereunder has been discharged in full); provided, that if (x) such acquisition
satisfies all of the conditions set forth above except for the conditions set forth in clause (e) above and (y) after giving pro forma effect to such acquisition as of the closing of such acquisition, either (1) Excess Availability is
greater than the higher of (A) 10% of the Commitments and (B) $95,000,000 or (2) the Consolidated Fixed Charge Coverage Ratio as of the most recent Test Period for which financial statements have been delivered pursuant to clause
(a) or (b) of Section 10.1.1 shall be greater than 1.0 to 1.0, such acquisition shall be permitted provided that it, together with all other acquisitions permitted under this proviso, do not exceed $50,000,000 in the aggregate.

 Notwithstanding the respective Borrowing Base definitions, in connection with and subsequent to any Permitted Acquisition,
the Accounts and Inventory acquired by the Borrowers, or, subject to compliance with Section 10.1.13 of this Agreement, of the Person so acquired, may be included in the calculation of the Borrowing Base and thereafter if all criteria set forth
in the definitions of Eligible Accounts and Eligible Inventory have been satisfied and, if the aggregate value (or Cost in the case of Inventory) of such Accounts and Inventory is in excess of $40,000,000 in the case of a Permitted Acquisition by
any U.S. Borrower or, in the case of a Permitted Acquisition by a member of any Foreign Borrower Group, ten percent (10%) of the Borrower Group Commitments of such Foreign Borrower Group, and only to the extent reasonably requested by the
Agent, the Agent shall have received a collateral audit and appraisal of such Accounts and Inventory acquired by the applicable Borrower or Borrowers or owned by such Person acquired by the applicable Borrower or Borrowers which shall be reasonably
satisfactory in scope, form and substance to the Agent; provided, that if no collateral audit and appraisal is delivered to and approved by the Agent with respect to such Accounts and Inventory, then the lowest recovery rates from the current
Inventory Appraisal shall apply to such Accounts and Inventory. 
 Permitted Additional Debt: senior unsecured or
subordinated Indebtedness issued by a Borrower or a Guarantor and, to the extent permitted by Section 10.2.1(b)(x), any Indebtedness incurred by any other Restricted Subsidiary of MRC, (a) the terms of which (i) do not provide for any
scheduled repayment, mandatory redemption or sinking fund obligation prior to the date that is 180 days following the U.S. Revolver Commitment Termination Date (other than customary offers to purchase upon a change of control, asset sale or event of
loss and customary acceleration rights after an event of default) and (ii) to the extent subordinated provide for customary subordination to the Obligations under the Loan Documents, (b) the covenants, events of default, guarantees and
other terms of which (other than interest rate and redemption premiums), taken as a whole, are not more restrictive to such Borrower and the Subsidiaries than those in this Agreement or the Senior Secured Notes Indenture (except to the extent the
Indebtedness thereunder has been discharged in full); provided that a certificate of a Senior Officer of such Borrower is delivered to the Agent at least five Business Days (or such shorter period as the Agent may reasonably agree) prior to
the incurrence of such Indebtedness, together with a reasonably detailed description of the material terms and conditions of such Indebtedness 

  
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or drafts of the documentation relating thereto, stating that such Borrower has determined in good faith that such terms and conditions satisfy the foregoing requirement shall be conclusive
evidence that such terms and conditions satisfy the foregoing requirement unless the Agent notifies such Borrower within such period that it disagrees with such determination (including a reasonable description of the basis upon which it disagrees),
and (c) of which, except to the extent permitted by Section 10.2.1(b)(x), no Subsidiary of MRC (other than a Loan Party) is an obligor. 
 Permitted Discretion: a determination made by Agent, in the exercise of its reasonable credit judgment (from the perspective of a secured asset-based lender), exercised in good faith and subject to
Section 7.5. 
 Permitted Investments: shall mean: 

(a) securities issued or unconditionally guaranteed by the Australian, Belgian, Canadian, Dutch, New Zealand, Singapore, UK or U.S.
government or any agency or instrumentality thereof, in each case having maturities of not more than 12 months from the date of acquisition thereof; 
 (b) securities issued by any state of the United States of America or any province or territory of Australia, Belgium, Canada, the Netherlands, New Zealand, Singapore, the United Kingdom, or any political
subdivision of any such state, province or territory, or any public instrumentality thereof or any political subdivision of any such state, province or territory, or any public instrumentality thereof having maturities of not more than 12 months
from the date of acquisition thereof and, at the time of acquisition, having an investment grade rating generally obtainable from either S&P or Moody’s (or, if at any time neither S&P nor Moody’s shall be rating such obligations,
then from another nationally recognized rating service); 
 (c) commercial paper issued by any Lender or any bank holding
company owning any Lender; 
 (d) commercial paper maturing no more than 12 months after the date of creation thereof and, at
the time of acquisition, having a rating of at least A or A2 from either S&P or Moody’s (or, if at any time neither S&P nor Moody’s shall be rating such obligations, an equivalent rating from another nationally recognized rating
service); 
 (e) domestic and LIBOR certificates of deposit or bankers’ acceptances maturing no more than two years after
the date of acquisition thereof issued by any Lender or any other bank having combined capital and surplus of not less than $250,000,000 in the case of domestic banks; 
 (f) repurchase agreements with a term of not more than 30 days for underlying securities of the type described in clauses (a), (b) and (e) above entered into with any bank meeting the
qualifications specified in clause (e) above or securities dealers of recognized national standing; 
 (g) marketable
short-term money market and similar funds (x) either having assets in excess of $250,000,000 or (y) having a rating of at least A-1 or P-1 from either S&P or Moody’s (or, if at any time neither S&P nor Moody’s shall be
rating such obligations, an equivalent rating from another nationally recognized rating service); 

  
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 (h) shares of investment companies that are registered under the Investment Company Act of
1940 and substantially all the investments of which are one or more of the types of securities described in clauses (a) through (g) above; and 
 (i) in the case of Investments by any Restricted Foreign Subsidiary (other than the Foreign Borrowers) or Investments made in a country outside Australia, Belgium, Canada, the Netherlands, New Zealand,
Singapore, the UK and the U.S., Permitted Investments shall also include (i) direct obligations of the sovereign nation (or any agency thereof) in which such Restricted Foreign Subsidiary is organized and is conducting business or where such
Investment is made, or in obligations fully and unconditionally guaranteed by such sovereign nation (or any agency thereof), in each case maturing within a two years after such date and having, at the time of the acquisition thereof, a rating
equivalent to at least A-1 from S&P and at least P-1 from Moody’s, (ii) investments of the type and maturity described in clauses (a) through (h) above of foreign obligors, which Investments or obligors (or the parents of
such obligors) have ratings described in such clauses or equivalent ratings from comparable foreign rating agencies, (iii) shares of money market mutual or similar funds which invest exclusively in assets otherwise satisfying the requirements
of this definition (including this proviso) and (iv) other short-term investments utilized by such Restricted Foreign Subsidiaries in accordance with normal investment practices for cash management in investments analogous to the foregoing
investments in clauses (a) through (i). 
 Permitted Liens: shall mean: 

(a) Liens for taxes, assessments or governmental charges or claims not yet due or which are being contested in good faith and by
appropriate proceedings for which appropriate reserves have been established in accordance with GAAP; 
 (b) Liens in respect of
property or assets of any Borrower or any of the Subsidiaries arising by operation of law, including carriers’, warehousemen’s and mechanics’ Liens and other similar Liens arising in the Ordinary Course of Business, in each case so
long as such Liens arise in the Ordinary Course of Business and do not individually or in the aggregate have a Material Adverse Effect; 
 (c) Liens arising from judgments or decrees in circumstances not constituting an Event of Default under Section 11.1; 
 (d) Liens incurred or deposits made in connection with workers’ compensation, unemployment insurance and other types of social security, or to secure the performance of tenders, statutory or
regulatory obligations, surety and appeal bonds, bids, leases, government contracts, performance and return-of-money bonds and other similar obligations incurred in the Ordinary Course of Business or otherwise constituting Investments permitted by
Section 10.2.5; 
 (e) ground leases in respect of real property on which facilities owned or leased by a Borrower or any
of its Subsidiaries are located; 

  
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 (f) easements, rights-of-way, servitudes, restrictions, minor defects or irregularities in
title and other similar charges or encumbrances not interfering in any material respect with the business of any Borrower and its Subsidiaries, taken as a whole; 
 (g) any interest or title of a lessee, licensee, lessor or licensor or secured by a lessee’s, licensee’s, lessor’s or licensor’s interest under any lease permitted by this Agreement;

 (h) Liens in favor of customs and revenue authorities arising as a matter of law to secure payment of customs duties in
connection with the importation of goods; 
 (i) Liens on goods the purchase price of which is financed by a documentary letter
of credit issued for the account of a Borrower or any of its Subsidiaries, provided that such Lien secures only the obligations of such Borrower or such Subsidiaries in respect of such letter of credit to the extent permitted under
Section 10.2.1(b); 
 (j) licenses, sublicenses, leases or subleases granted to others not interfering in any material
respect with the business of any Borrower and its Subsidiaries, taken as a whole; 
 (k) Liens arising from precautionary
Uniform Commercial Code financing statements, PPSA financing statements or similar filings made in respect of operating leases entered into by any Borrower or any of its Subsidiaries; and 

(l) Liens created in the Ordinary Course of Business in favor of banks and other financial institutions over credit balances of any bank
accounts of any Restricted Subsidiary that is not a Loan Party held at such banks or financial institutions, as the case may be, to facilitate the operation of cash pooling and/or interest set-off arrangements in respect of such bank accounts in the
Ordinary Course of Business. 
 Permitted Sale Leaseback: (a) any Sale Leaseback consummated by any Borrower or any
of the Restricted Subsidiaries after the Closing Date, provided that any such Sale Leaseback not between a Borrower and any Guarantor or any Guarantor and another Guarantor is consummated for fair value as determined at the time of consummation in
good faith by such Borrower or such Restricted Subsidiary and, in the case of any Sale Leaseback (or series of related Sales Leasebacks) the aggregate proceeds of which exceed $25,000,000, the board of directors of such Borrower or such Restricted
Subsidiary (which such determination may take into account any retained interest or other Investment of such Borrower or such Restricted Subsidiary in connection with, and any other material economic terms of, such Sale Leaseback) and (b) the
sale and leaseback of the property located at Rohwedderstrasse 6, D-44369 Dortmund, Germany owned by MRC Transmark DRW GmbH. 

Person: any individual, corporation, limited liability company, unlimited liability company, partnership, joint venture, joint
stock company, land trust, business trust, unincorporated organization, Governmental Authority or other entity. 
 Pledged
Collateral: collectively, the Pledged Debt and Pledged Stock. 
 Pledged Debt: the Indebtedness owed to a Foreign
Borrower by MRC or any of its Restricted Subsidiaries and the promissory notes and other instruments evidencing such Indebtedness that are pledged to secure the Secured Obligations pursuant to the Security Documents. 

  
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 Pledged Stock: the Stock now owned or at any time hereafter acquired by a Foreign
Borrower that is pledged to secure the Secured Obligations pursuant to the Security Documents. 
 Post-Acquisition
Period: with respect to any Permitted Acquisition, the period beginning on the date such Permitted Acquisition is consummated and ending on the last day of the fourth full consecutive fiscal quarter immediately following the date on which such
Permitted Acquisition is consummated. 
 PPSA: the Personal Property Security Act (Alberta), (or any successor
statute) and the regulations thereunder; provided, however, if validity, perfection and effect of perfection and non-perfection and opposability of the Agent’s security interest in and Lien on any Canadian Facility Collateral of
any Canadian Domiciled Loan Party are governed by the personal property security laws of any jurisdiction other than Alberta, PPSA shall mean those personal property security laws (including the Civil Code) in such other jurisdiction for the
purposes of the provisions hereof relating to such validity, perfection, and effect of perfection and non-perfection and for the definitions related to such provisions, as from time to time in effect. 

PPSA Australia: the Personal Property Security Act 2009 (Cth), (or any successor statute) and the regulations thereunder.

 PPSA New Zealand: the Personal Property Securities Act 1999 (New Zealand) (or any successor statute) and the
regulations thereunder. 
 Proceeds of Crime Act: the Proceeds of Crime (Money Laundering) and Terrorist Financing Act
(Canada) (or any successor statute), as amended from time to time, and includes all regulations thereunder. 
 Pro Forma
Adjustment: for any Test Period that includes all or any part of a fiscal quarter ending prior to the end of any Post-Acquisition Period, with respect to the Acquired EBITDA of the applicable Acquired Entity or Business or the Consolidated
EBITDA of the Borrowers, the pro forma increase or decrease in such Acquired EBITDA or such Consolidated EBITDA, as the case may be, projected by the Borrowers in good faith as a result of (a) actions taken or expected to be taken during such
Post-Acquisition Period for the purposes of realizing reasonably identifiable and factually supportable cost savings or (b) any additional costs incurred during such Post-Acquisition Period, in each case in connection with the combination of
the operations of such Acquired Entity or Business with the operations of the Borrowers and the Restricted Subsidiaries; provided that, so long as such actions are taken or expected to be taken during such Post-Acquisition Period or such
costs are incurred during such Post-Acquisition Period, as applicable, it may be assumed, for purposes of projecting such pro forma increase or decrease to such Acquired EBITDA or such Consolidated EBITDA, as the case may be, that such cost savings
will be realizable during the entirety of such Test Period, or such additional costs, as applicable, will be incurred during the entirety of such Test Period; provided further that any such pro forma increase or decrease to such Acquired EBITDA or
such Consolidated EBITDA, as the case may be, shall be without duplication for cost savings or additional costs already included in such Acquired EBITDA or such Consolidated EBITDA, as the case may be, for such Test Period. 

  
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 Pro Forma Adjustment Certificate: any certificate of a Senior Officer of the North
American Loan Party Agent delivered pursuant to Section 10.1.1(e). 
 Pro Forma Basis and Pro Forma
Compliance: with respect to compliance with any test or covenant hereunder, that (A) to the extent applicable, the Pro Forma Adjustment shall have been made and (B) all Specified Transactions and the following transactions in
connection therewith shall be deemed to have occurred as of the first day of the applicable period of measurement in such test or covenant: (a) income statement items (whether positive or negative) attributable to the property or Person subject
to such Specified Transaction, (i) in the case of a sale, transfer or other disposition of all or substantially all Stock in any Subsidiary of any Loan Party or any division, product line, or facility used for operations of any Loan Party or
any of its Subsidiaries, shall be excluded, and (ii) in the case of a Permitted Acquisition or Investment described in the definition of “Specified Transaction”, shall be included, (b) any retirement of Indebtedness, and
(c) any Indebtedness incurred or assumed by any Loan Party or any of the Restricted Subsidiaries in connection therewith and if such Indebtedness has a floating or formula rate, shall have an implied rate of interest for the applicable period
for purposes of this definition determined by utilizing the rate which is or would be in effect with respect to such Indebtedness as at the relevant date of determination; provided that, without limiting the application of the Pro Forma
Adjustment pursuant to (A) above, the foregoing pro forma adjustments may be applied to any such test or covenant solely to the extent that such adjustments are consistent with the definition of Consolidated EBITDA and give effect to events
(including operating expense reductions) that are (i) (x) directly attributable to such transaction, (y) expected to have a continuing impact on the Loan Parties and the Restricted Subsidiaries and (z) factually supportable or
(ii) otherwise consistent with the definition of Pro Forma Adjustment. 
 Pro Forma Consolidated Fixed Charge Coverage
Ratio: with respect to compliance with any covenant or test hereunder, the Consolidated Fixed Coverage Ratio as calculated on the assumption that (a) all dividends and payments in respect of Subordinated Indebtedness during the Test Period
were included as Consolidated Fixed Charges, and (b) the contemplated dividend or payment in respect of Subordinated Indebtedness was also included as one of the Consolidated Fixed Charges. 

Pro Forma Entity: as defined in “Acquired EBITDA”. 

Property: any interest in any kind of property or asset, whether real (immovable), personal (movable) or mixed, or tangible
(corporeal) or intangible (incorporeal). 
 Pro Rata: (a) when used with reference to a Lender’s (i) share
on any date of the total Borrower Group Commitments to a Borrower Group, (ii) participating interest in LC Obligations (if applicable) to the members of such Borrower Group, (iii) share of payments made by the members of such Borrower
Group with respect to such Borrower Group’s Obligations, (iv) increases or reductions to the Borrower Group Commitments pursuant to Section 2.1.4 or 2.1.7, and (v) obligation to pay or reimburse Agent for Extraordinary Expenses
owed by or in respect of such Borrower Group or to indemnify any Indemnitees for Claims relating to such 

  
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Borrower Group, a percentage (expressed as a decimal, rounded to the ninth decimal place) derived by dividing the amount of the Borrower Group Commitment of such Lender to such Borrower Group on
such date by the aggregate amount of the Borrower Group Commitments of all Lenders to such Borrower Group on such date (or if such Borrower Group Commitments have been terminated, by reference to the respective Borrower Group Commitments as in
effect immediately prior to the termination thereof) or (b) when used for any other reason, a percentage (expressed as a decimal, rounded to the ninth decimal place) derived by dividing the aggregate amount of the Lender’s Commitments on
such date by the aggregate amount of the Commitments of all Lenders on such date (or if any such Commitments have been terminated, such Commitments as in effect immediately prior to the termination thereof). 

Protective Advances: Australian Protective Advances, Belgian Protective Advances, Canadian Protective Advances, Dutch Protective
Advances, New Zealand Protective Advances, Singapore Protective Advances, UK Protective Advances and/or U.S. Protective Advances, as the context requires. 
 Qualified IPO: any underwritten sale to the public of MRC’s, Parent’s or any direct or indirect parent of Parent’s (or its successor’s) Stock pursuant to an effective
registration statement filed with the SEC on Form S-l or Form S-3 (or any successor forms adopted by the SEC) after which MRC’s, Parent’s or any direct or indirect parent of Parent’s (or its successor’s) Stock is listed on a
United States national securities exchange or the NASDAQ stock market; provided that a Qualified IPO shall not include any issuance of Stock in any merger or other business combination, and shall not include any registration of the issuance
of Stock to existing securityholders or employees of MRC, Parent or any direct or indirect parent of Parent and their respective Subsidiaries on Form S-4 or Form S-8 (or any successor form adopted by the SEC). 

Qualified Receivables Transaction: any transaction or series of transactions that may be entered into by a Restricted Subsidiary
that is not a Loan Party and is domiciled outside of Australia, Belgium, Canada, the Netherlands, New Zealand, Singapore, the UK and the U.S. pursuant to which such Subsidiary may sell, assign, convey, participate, contribute to capital or otherwise
transfer to (a) a Receivables Entity (in the case of a transfer by such Subsidiary) or (b) any other Person (in the case of a transfer by a Receivables Entity), or may grant a security interest in or pledge, any Accounts or interests
therein (whether now existing or arising in the future) of such Subsidiary, and any assets related thereto (other than any Inventory or Equipment) including, without limitation, all collateral securing such Accounts, all contracts and contract
rights, purchase orders, security interests, financing statements or other documentation in respect of such Accounts and all guarantees, indemnities, warranties or other documentation or other obligations in respect of such Accounts, any other
assets which are customarily transferred, or in respect of which security interests are customarily granted, in connection with asset securitization transactions involving receivables similar to such Accounts and any collections or proceeds of any
of the foregoing (the “Related Assets”). 
 Real Estate: as defined in Section 10.1.1(i).

 Receivables Entity: (a) any existing Subsidiary or other Investment which is listed on Schedule 1.1(b) or
(b) any Wholly-Owned Subsidiary (or another Person in which such Subsidiary makes an Investment and to which such Subsidiary transfers Accounts and Related 

  
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Assets) formed after the Closing Date, in each such case, which (i) is not a Loan Party and is domiciled outside of Australia, Belgium, Canada, the Netherlands, New Zealand, Singapore, the
UK and the U.S., (ii) engages in no activities other than in connection with the financing of Accounts or interests therein and Related Assets and any business or activities incidental or related to such business, (iii) is designated by
the board of directors of MRC (as provided below) as a Receivables Entity, (iv) no portion of the Indebtedness or any other obligations (contingent or otherwise) of which (A) is guaranteed by any Loan Party; (B) is recourse to or
obligates any Loan Party in any way; or (C) subjects any property or asset of any Loan Party, directly or indirectly, contingently or otherwise, to the satisfaction thereof; (v) with which no Loan Party has any material contract,
agreement, arrangement or understanding; and (vi) to which neither any Loan Party nor any of its Subsidiaries has any obligation to maintain or preserve such entity’s financial condition or cause such entity to achieve certain levels of
operating results. 
 Records: as defined in the UCC, and in any event means information that is inscribed on a tangible
medium or which is stored in an electronic or other medium and is retrievable in perceivable form, including, all books and records, customer lists, files, correspondence, tapes, computer programs, print outs and computer records. 

Register: as defined in Section 13.1. 
 Regulation: as defined in Section 10.1.17. 
 Related Asset: as
defined in “Qualified Receivables Transaction”. 
 Report: as defined in Section 12.4.3. 

Reportable Event: the occurrence of any of the events set forth in Section 4043(b) or (c) of ERISA and regulations
thereunder with respect to a U.S. Employee Plan (other than an event for which the 30-day notice period is waived). 

Required Borrower Group Lenders: at any date of determination thereof, Lenders having Borrower Group Commitments to a Borrower
Group representing more than 50% of the aggregate Borrower Group Commitments to such Borrower Group at such time; provided, however, that if and for so long as any such Lender shall be a Defaulting Lender, the term “Required
Borrower Group Lenders” shall mean Lenders (excluding such Defaulting Lender) having Borrower Group Commitments to such Borrower Group representing more than 50% of the aggregate Borrower Group Commitments to such Borrower Group (excluding the
Borrower Group Commitments of each Defaulting Lender) at such time; provided further, however, that if all of the Borrower Group Commitments to such Borrower Group have been terminated, the term “Required Borrower Group
Lenders” shall mean Lenders to such Borrower Group holding Revolver Loans to, and (if applicable) participating interest in LC Obligations owing by, such Borrower Group representing more than 50% of the aggregate outstanding principal amount of
Revolver Loans and (if applicable) LC Obligations owing by such Borrower Group at such time. 
 Required Lenders: at any
date of determination thereof, Lenders having Commitments representing more than 50% of the aggregate Commitments at such time; provided, however, that for so long as any Lender shall be a Defaulting Lender, the term “Required
Lenders” shall mean Lenders (excluding such Defaulting Lender) having Commitments representing more than 50% 

  
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of the aggregate Commitments (excluding the Commitments of each Defaulting Lender) at such time; provided further, however, that if any of the Commitments have been terminated, the
term “Required Lenders” shall be calculated based on the Dollar Equivalent thereof using (a) in lieu of such Lender’s terminated Commitment, the outstanding principal amount of the Revolver Loans by such Lender to, and (if
applicable) participation interests in LC Obligations owing by, all Borrowers and (b) in lieu of the aggregate Commitments to all Borrowers, the aggregate outstanding Revolver Loans to, and (if applicable) LC Obligations owing by all Borrowers.

 Reserves: Australian Availability Reserves, Belgian Availability Reserves, Canadian Availability Reserves, Dutch
Availability Reserves, New Zealand Availability Reserves, Singapore Availability Reserves, UK Availability Reserves and/or U.S. Availability Reserves, as the context requires. 
 Restricted Foreign Subsidiary: a Foreign Subsidiary that is a Restricted Subsidiary. 
 Restricted Subsidiary: any Subsidiary of any Borrower or Parent other than an Unrestricted Subsidiary. 
 Reserve Percentage: the reserve percentage (expressed as a decimal, rounded up to the nearest 1/8th of 1%) applicable to member banks under regulations issued by the Board of Governors for
determining the maximum reserve requirement for Eurocurrency liabilities. 
 Revolver Commitment Increase and Revolver
Commitment Increases: as defined in Section 2.1.7(h). 
 Revolver Commitment Termination Date: the Australian
Revolver Commitment Termination Date, the Belgian Revolver Commitment Termination Date, the Canadian Revolver Commitment Termination Date, the Dutch Revolver Commitment Termination Date, the New Zealand Revolver Commitment Termination Date, the
Singapore Revolver Commitment Termination Date, the UK Revolver Commitment Termination Date and/or the U.S. Revolver Commitment Termination Date, as the context requires. 
 Revolver Loan: a loan made pursuant to Section 2.1.1, and any Overadvance Loan, Swingline Loan or Protective Advance. 
 Revolver Notes: collectively, the Australian Revolver Notes, the Belgian Revolver Notes, the Canadian Revolver Notes, the Dutch Revolver Notes, the New Zealand Revolver Notes, the Singapore
Revolver Notes, the UK Revolver Notes and the U.S. Revolver Notes. 
 S&P: Standard & Poor’s Ratings
Services, a division of The McGraw-Hill Companies, Inc., and its successors. 
 Sale Leaseback: any transaction or series
of related transactions pursuant to which any Borrower or any of the Restricted Subsidiaries (a) sells, transfers or otherwise disposes of any property, real or personal, whether now owned or hereafter acquired, and (b) as part of such
transaction, thereafter rents or leases such property or other property that it intends to use for substantially the same purpose or purposes as the property being sold, transferred or disposed. 

  
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 SEC: the Securities and Exchange Commission or any successor thereto and, as the
context may require, any analogous Governmental Authority in any other relevant jurisdiction of the Parent or any Subsidiary. 

Secured Bank Product Obligations: Bank Product Debt owing to a Secured Bank Product Provider and evidenced by one or more Bank
Product Documents that a Loan Party Agent, in a written notice to Agent, has expressly requested be treated as Secured Bank Product Obligations for purposes hereof, up to the maximum amount (in the case of any Secured Bank Product Provider other
than Bank of America and its Affiliates) specified by such provider in writing to Agent, which amount may be established and increased or decreased by further written notice to Agent from time to time. 

Secured Bank Product Provider: (a) Bank of America or any of its Affiliates; and (b) any other Lender or Affiliate of a
Lender that is providing a Bank Product, provided that such provider shall deliver a written notice to Agent, in form and substance reasonably satisfactory to Agent and the relevant Loan Party Agent, by the later of the Closing Date or 10
Business Days (or such later time as Agent and such Loan Party Agent may agree in their reasonable discretion) following creation of the Bank Product, (i) describing the Bank Product and setting forth the maximum amount to be secured by the
Collateral and the methodology to be used in calculating such amount, and (ii) if such provider is not a Lender, agreeing to be bound by Section 12.15. 
 Secured Leverage Ratio: as of any date of determination, the ratio of (a) Consolidated Secured Debt as of the most recent Test Period for which financial statements have been delivered
pursuant to clause (a) or (b) of Section 10.1.1 to (b) Consolidated EBITDA for such Test Period. 

Secured Obligations: Obligations and Secured Bank Product Obligations, including in each case those under all Credit Documents.

 Secured Parties: Australian Facility Secured Parties, Belgian Facility Secured Parties, Canadian Facility Secured
Parties, Dutch Facility Secured Parties, New Zealand Facility Secured Parties, Singapore Facility Secured Parties, UK Facility Secured Parties, U.S. Facility Secured Parties and Secured Bank Product Providers. 

Securities Account Control Agreement: the securities account control agreements, in form and substance reasonably satisfactory to
Agent and the relevant Loan Party Agent, executed by each financial institution maintaining a Securities Account for a Loan Party, in favor of Agent or a Security Trustee. 
 Securities Accounts: all present and future “securities accounts” (as defined in Article 8 of the UCC, the PPSA or the PPSA Australia, as applicable), including all monies,
“uncertificated securities,” “securities entitlements” and other “financial assets” (as defined in Article 8 of the UCC or the PPSA, as applicable) and all “intermediated securities” and “financial
products” (as defined in the PPSA Australia), contained therein. 
 Security Documents: this Agreement, the
Guarantees, the Insurance Assignments, the Australian Security Agreements, the Belgian Security Agreements, the Canadian Security Agreements, the Dutch Security Agreements, the New Zealand Security Agreements, the

  
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Singapore Security Agreements, the UK Security Agreements, the Deposit Account Control Agreements, the Securities Account Control Agreements and all other documents, instruments and agreements
now or hereafter securing (or given with the intent to secure) any Secured Obligations. 
 Security Trustee: the AUS-NZ
Security Trustee, the European Security Trustee, the Singapore Security Trustee and/or any other security trustee appointed by the Agent from time to time, as the context requires. 

Senior Officer: the President, the Chief Financial Officer, the Principal Accounting Officer, the Treasurer, the Controller or any
other senior officer of a Person designated as such in writing to the Agent by such Person. 
 Senior Secured Notes: the
senior secured notes of MRC issued from time to time pursuant to the Senior Secured Notes Indenture and any registered notes issued by MRC in exchange for, and as contemplated by, such notes with substantially identical terms as such notes, as any
such notes may be amended, restated, supplemented, replaced, increased, refinanced or otherwise modified from time to time in accordance with the terms of the Intercreditor Agreement. 

Senior Secured Notes Indenture: that certain Indenture, dated as of December 21, 2009, by and among MRC, Parent, the Credit
Support Parties (as defined therein) party thereto, and U.S. Bank National Association, as trustee, as the same may be amended, restated, supplemented, replaced, increased, refinanced or otherwise modified from time to time in accordance with the
terms of the Intercreditor Agreement. 
 Settlement Report: a report delivered by the Agent to the Applicable Lenders
summarizing the Revolver Loans and, if applicable, participations in LC Obligations of the applicable Borrower Group outstanding as of a given settlement date, allocated to the Applicable Lenders on a Pro Rata basis in accordance with their
Commitments. 
 SIBOR: for any Interest Period with respect to a SIBOR Revolver Loan: (a) the arithmetic
average (rounded upwards to five decimal places) of the displayed rates for the relevant period appearing under the heading page “SIBOR” on the Reuters screen (the “Screen Rate”); or (b) if no Screen Rate is available
for Singapore Dollars for the Interest Period of that Revolver Loan, the arithmetic mean of the rates (rounded upwards to four decimal places) as supplied to Agent at its request quoted by leading banks in the Singapore interbank market, appearing
as of 11:00 a.m. (Local Time) two Business Days prior to the requested Revolver Loan for the offering of deposits in Singapore Dollars for a period comparable to the Interest Period for that Revolver Loan. If the agreed page is replaced or the
service ceases to be available, Agent may specify another page or service displaying the appropriate rate after consultation with Singapore Borrowers. 
 SIBOR Loan: each set of SIBOR Revolver Loans having a common length and commencement of Interest Period. 
 SIBOR Revolver Loan: a Revolver Loan that bears interest based on SIBOR. 

  
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 Singapore Allocated U.S. Availability: U.S. Availability designated by the North
American Loan Party Agent for application to clause (c) of a Singapore Borrowing Base. 
 Singapore Applicable
Margin: with respect to any LIBOR Loan to the Singapore Borrowers, any SIBOR Loan or any Singapore Base Rate Loan, a rate per annum specified in the joinder documentation for the initial Singapore Lenders (which rate shall apply to all Singapore
Lenders). 
 Singapore Availability: as of any date of determination, (a) the lesser of (i) the Singapore
Revolver Commitments minus all Singapore LC Obligations as of such date of determination and (ii) the Total Singapore Borrowing Base as of such date of determination, minus (b) the Dollar Equivalent of the principal balance
of all Singapore Revolver Loans. 
 Singapore Availability Reserves: the sum (without duplication) of (a) the
aggregate amount of the Singapore Rent Reserve, if any, established pursuant to clause (h) of the definition of Singapore Eligible Inventory; (b) the Singapore LC Reserve; (c) the Singapore Bank Product Reserve; (d) the Singapore
Priority Payables Reserve; and (e) such additional reserves, in such amounts and with respect to such matters, as the Agent may establish in its Permitted Discretion. 
 Singapore Bank Product Reserve: the aggregate amount of reserves, as established by the Agent from time to time in its Permitted Discretion and in consultation with the Asian Loan Party Agent, to
reflect the reasonably anticipated liabilities in respect of the then outstanding Secured Bank Product Obligations of the Singapore Domiciled Loan Parties. 
 Singapore Base Rate Loan: a Singapore Revolver Loan, or portion thereof, funded in Singapore Dollars, Dollars or Euros and bearing interest calculated by reference to the Eurasian Base Rate.

 Singapore Borrowers: each Singapore Subsidiary that, after the date hereof, has executed a supplement or joinder to
this Agreement in accordance with Section 10.1.13 and has satisfied the other requirements set forth in Section 10.1.13 in order to become a Singapore Borrower. 
 Singapore Borrowing Base: at any time, with respect to the Applicable Singapore Borrower, an amount equal to the sum (expressed in Dollars, based on the Dollar Equivalent thereof) of, without
duplication: 
 (a) the book value of Singapore Eligible Accounts of the Applicable Singapore Borrower multiplied
by the advance rate of 85%, plus 
 (b) the lesser of (i) 70% of the net book value of Singapore
Eligible Inventory of the Applicable Singapore Borrower and (ii) 85% of the Net Orderly Liquidation Value of Singapore Eligible Inventory of the Applicable Singapore Borrower (which shall be (A) net of the current monthly shrinkage reserve
calculated in accordance with GAAP and (B) valued at Cost), plus 
 (c) Singapore Allocated U.S.
Availability for such Applicable Singapore Borrower, minus 

  
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 (d) subject to Section 7.5, effective (i) immediately upon or
(ii) five (5) Business Days after, in the case of Singapore Availability Reserves allocable to the Applicable Singapore Borrower which would cause the aggregate amount of the Singapore Revolver Loans allocable to the Applicable Singapore
Borrower at such time to exceed the lesser of the Applicable Singapore Borrower’s Applicable Singapore Borrower Commitment and the Applicable Singapore Borrower’s Singapore Borrowing Base then in effect, in each case, notification thereof
to the Asian Loan Party Agent by the Agent, any and all such Singapore Availability Reserves. 
 The Singapore Borrowing Base at any time shall
be determined by reference to the most recent Borrowing Base Certificate theretofore delivered to the Agent with such adjustments as the Agent deems appropriate in its Permitted Discretion to assure that the Singapore Borrowing Base is calculated in
accordance with the terms of this Agreement. 
 Singapore Cash Collateral Account: a demand deposit, money market or
other account established by Agent at Bank of America (Singapore) or such other financial institution as Agent may select in its discretion with the consent of Asian Loan Party Agent (not to be unreasonably withheld or delayed), which account shall
be for the benefit of the Singapore Facility Secured Parties and shall be subject to Agent’s or Singapore Security Trustee’s Liens securing the Singapore Facility Secured Obligations; provided that the foregoing consent of Asian
Loan Party Agent to the selection by Agent in its discretion of a financial institution other than Bank of America (Singapore) shall not be required if an Event of Default has occurred and is continuing. 

Singapore Dollar: the lawful currency of Singapore. 
 Singapore Domiciled Loan Party: any Singapore Borrower and each Singapore Subsidiary now or hereafter party hereto as a Loan Party, and “Singapore Domiciled Loan Parties” means all
such Persons, collectively. 
 Singapore Dominion Account: each special account established by the Singapore Domiciled
Loan Parties at Bank of America (Singapore) over which Agent or Singapore Security Trustee has exclusive control for withdrawal purposes. 
 Singapore Eligible Accounts: at any time, the Accounts of the Applicable Singapore Borrower at such date except any Account: 

(a) which is not subject to a valid Lien in favor of the Agent or Singapore Security Trustee (including under the relevant
laws of the Account Debtor’s jurisdiction of organization); 
 (b) which is subject to any Lien (including
Liens permitted by Section 10.2.2) other than (i) a Lien in favor of the Agent or Singapore Security Trustee and (ii) a Permitted Lien which does not have priority over the Lien in favor of the Agent; provided that, with
respect to any tax Lien having such priority, eligibility of Accounts shall be reduced by the amount of such tax Lien having such priority; 

  
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 (c) owing by any Account Debtor with respect to which more than 120 days
have elapsed since the date of the original invoice therefor or which is more than 60 days past the due date for payment; 
 (d) which is owing by an Account Debtor for which more than 50% of the Accounts owing from such Account Debtor and its Affiliates are ineligible pursuant to clause (c) above; 

(e) which is owing by any Account Debtor to the extent the aggregate amount of otherwise Singapore Eligible Accounts owing
from such Account Debtor and its Affiliates to Singapore Borrowers exceeds 20% of the aggregate Singapore Eligible Accounts (or such higher percentage as the Agent may establish for the Account Debtor from time to time), in each case, only to the
extent of such excess; 
 (f) with respect to which any covenant, representation, or warranty relating to such
Account contained in this Agreement or a Security Document has been breached or is not true in any material respect; 
 (g) which (i) does not arise from the sale of goods or performance of services in the Ordinary Course of Business, (ii) is not evidenced by an invoice, or other documentation satisfactory to the
Agent, which has been sent to the Account Debtor, (iii) represents a progress billing, (iv) is contingent upon the Applicable Singapore Borrower’s completion of any further performance, or (v) represents a sale on a
bill-and-hold, guaranteed sale, sale-and-return, sale on approval, consignment which is billed prior to actual sale to the end user, cash-on-delivery or any other repurchase or return basis, except with respect to up to $15,000,000 of such Accounts
in the aggregate for all Borrowing Bases on a combined basis; 
 (h) for which the goods giving rise to such
Account (other than Accounts described in the foregoing paragraph (g)(v)) have not been shipped to the Account Debtor or for which the services giving rise to such Account have not been performed by the Applicable Singapore Borrower; 

(i) with respect to which any check or other instrument of payment has been returned uncollected for any reason;

 (j) which is owed by an Account Debtor in respect of which an Insolvency Proceeding has been commenced or
which is otherwise a debtor or a debtor in possession under any bankruptcy law or any other federal, state or foreign (including any province or territory) receivership, insolvency relief or other law or laws for the relief of debtors, including the
Singapore Companies Act, Chapter 50 and the Singapore Bankruptcy Act, Chapter 20, unless the payment of Accounts from such Account Debtor is secured by assets of, or guaranteed by, in either case, in a manner reasonably satisfactory to the Agent, a
Person that is reasonably acceptable to the Agent or, if the Account from such Account Debtor arises subsequent to a decree or order for relief with respect to such Account Debtor under the Singapore Companies Act, Chapter 50 or the Singapore
Bankruptcy Act, Chapter 20, as now or hereafter in effect, the Agent shall have reasonably determined that the timely payment and collection of such Account will not be impaired; 

  
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 (k) which is owed by an Account Debtor which has failed, has suspended or
ceased doing business, is liquidating, dissolving or winding up its affairs or is not Solvent; 
 (l) which is
owed by an Account Debtor which is not organized under the applicable law of an Eligible Account Debtor Jurisdiction unless such Account is backed by a letter of credit or other credit support reasonably acceptable to the Agent and which is in the
possession of the Agent; 
 (m) which is owed in any currency other than an Eligible Account Currency;

 (n) which is owed by any Governmental Authority, unless (i) such Account is backed by a letter of credit
reasonably acceptable to the Agent and which is in the possession of the Agent or (ii) Agent otherwise approves; 
 (o) which is owed by any Affiliate, employee, director, or officer of any Loan Party; provided that portfolio companies of the Sponsor that do business with the Applicable Singapore Borrower in the
Ordinary Course of Business will not be treated as Affiliates for purposes of this clause (o); 
 (p) which is
owed by an Account Debtor or any Affiliate of such Account Debtor which is the holder of Indebtedness issued or incurred by any Loan Party; provided, that any such Account shall only be ineligible as to that portion of such Account which is
less than or equal to the amount owed by the Loan Party to such Person; 
 (q) which is subject to any
counterclaim, deduction, defense, setoff, right of compensation or dispute, but only to the extent of the amount of such counterclaim, deduction, defense, setoff, right of compensation or dispute, unless (i) the Agent, in its Permitted
Discretion, has established Singapore Availability Reserves and determines to include such Account as a Singapore Eligible Account or (ii) such Account Debtor has entered into an agreement reasonably acceptable to the Agent to waive such
rights; 
 (r) which is evidenced by any promissory note, Chattel Paper or Instrument (in each case, other than
any such items that are delivered to the Agent or the Singapore Security Trustee); 
 (s) which is owed by an
Account Debtor located in any jurisdiction that requires, as a condition to access to the courts of such jurisdiction, that a creditor qualify to transact business, file a business activities report or other report or form, or take one or more other
actions, unless the Applicable Singapore Borrower has so qualified, filed such reports or forms, or taken such actions (and, in each case, paid any required fees or other charges), except to the extent the Applicable Singapore Borrower may qualify
subsequently as a foreign entity authorized to transact business in such jurisdiction and gain access to such courts, without incurring any cost or penalty reasonably viewed by the Agent to be material in amount, and such later qualification cures
any access to such courts to enforce payment of such Account; 

  
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 (t) with respect to which the Applicable Singapore Borrower has made any
agreement with the Account Debtor for any reduction thereof, but only to the extent of such reduction, other than discounts and adjustments given in the Ordinary Course of Business; or 

(u) which the Agent determines is ineligible in its Permitted Discretion. 

Subject to Sections 14.1 and 7.5 and the definition of Singapore Borrowing Base, the Agent may modify the foregoing criteria in its Permitted
Discretion. 
 Singapore Eligible Inventory: at any date of determination thereof, the aggregate amount of all Inventory
owned by the Applicable Singapore Borrower at such date except any Inventory: 
 (a) which is not subject to a
valid Lien in favor of the Agent or Singapore Security Trustee; 
 (b) which is subject to any Lien (including
Liens permitted by Section 10.2.2) other than (i) a Lien in favor of the Agent or Singapore Security Trustee and (ii) a Permitted Lien which does not have priority over the Lien in favor of the Agent or Singapore Security Trustee
(other than any bailee, warehouseman, landlord or similar non-consensual Liens having priority by operation of law to the extent either subclause (i) or (ii) of clauses (h) or (i) below of Singapore Eligible Inventory is
satisfied with respect to the relevant Inventory); provided that, with respect to any tax Lien having such priority, eligibility of Inventory shall be reduced by the amount of such tax Lien having such priority; 

(c) which is, in the Agent’s Permitted Discretion, slow moving, obsolete, unmerchantable, defective, unfit for sale,
not salable at prices approximating at least the cost of such Inventory in the Ordinary Course of Business or unacceptable due to age, type, category and/or quantity; 

(d) with respect to which any covenant, representation or warranty contained in this Agreement or any Security Document
has been breached or is not true in any material respect; 
 (e) which does not conform in all material respects
to all standards imposed by any applicable Governmental Authority (except that any standard that is qualified as to “materiality” shall have been conformed to in all respects); 

(f) which constitutes packaging and shipping material, manufacturing supplies, display items, bill-and-hold goods (other
than bill-and-hold goods, the sale of which has been excluded from Singapore Eligible Accounts pursuant to clause (g)(v) of the definition thereof), returned or repossessed goods (other than goods that are undamaged and able to be resold in the
Ordinary Course of Business), defective goods, goods held on consignment, goods to be returned to the Applicable Singapore Borrower’s suppliers or goods which are not of a type held for sale in the Ordinary Course of Business; 

  
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 (g) which is not located in Singapore or is not at a location listed on
Schedule 8.4.1 (as updated from time to time in accordance with the provisions hereof) other than goods in transit between locations of the Singapore Domiciled Loan Parties; 

(h) which is located in any location leased by the Applicable Singapore Borrower unless (i) the lessor has delivered
to the Agent a Collateral Access Agreement or (ii) a Singapore Rent Reserve has been established by the Agent; 
 (i) which is located in any third party warehouse or is in the possession of a bailee, processor or other Person and is not evidenced by a Document, unless (i) such warehouseman, bailee, processor or
other Person has delivered to the Agent a Collateral Access Agreement and/or such other documentation as the Agent may reasonably require or (ii) appropriate Singapore Availability Reserves have been established by the Agent in its Permitted
Discretion; 
 (j) which is the subject of a consignment by the Applicable Singapore Borrower as consignor;

 (k) which is perishable as determined in accordance with GAAP; or 

(l) which contains or bears any intellectual property rights licensed to the Applicable Singapore Borrower unless the
Agent is satisfied that it may sell or otherwise dispose of such Inventory without (i) infringing the rights of such licensor in any material respect or (ii) incurring any material liability with respect to payment of royalties other than
royalties incurred pursuant to sale of such Inventory under the current licensing agreement. 
 Subject to Sections 14.1
and 7.5 and the definition of Singapore Borrowing Base, the Agent may modify the foregoing criteria in its Permitted Discretion. 
 Singapore Facility Collateral: Collateral that now or hereafter secures (or is intended to secure) any of the Singapore Facility Secured Obligations, including Property of the U.S. Domiciled Loan
Parties pledged to secure the Singapore Facility Secured Obligations under their guarantee of the Secured Obligations. 

Singapore Facility Guarantor: each U.S. Borrower, each U.S. Facility Guarantor and each other Person (if any) who guarantees
payment and performance of any Singapore Facility Secured Obligations. 
 Singapore Facility Loan Party: a Singapore
Borrower or a Singapore Facility Guarantor. 
 Singapore Facility Obligations: all Obligations of the Singapore Facility
Loan Parties, including, following the Foreign Cross-Guarantee Date for any Singapore Facility Loan Party, the other Foreign Facility Obligations that are the subject of such Foreign Cross-Guarantee (but excluding, for the avoidance of doubt, the
Obligations of the U.S. Domiciled Loan Parties as guarantors of any U.S. Facility Obligations). 

  
 105

 Singapore Facility Secured Obligations: all Secured Obligations of the Singapore
Facility Loan Parties, including, following the Foreign Cross-Guarantee Date for any Singapore Facility Loan Party, the other Foreign Facility Secured Obligations that are the subject of such Foreign Cross-Guarantee (but excluding, for the avoidance
of doubt, the Obligations of the U.S. Domiciled Loan Parties as guarantors of any U.S. Facility Secured Obligations). 

Singapore Facility Secured Parties: Agent, Singapore Security Trustee, any Singapore Fronting Bank, Singapore Lenders and Secured
Bank Product Providers of Bank Products to Singapore Domiciled Loan Parties, and, following the Foreign Cross-Guarantee Date for any Singapore Domiciled Loan Party, the other Secured Parties that are the beneficiaries of such Foreign
Cross-Guarantee. 
 Singapore Fronting Bank: (a) Bank of America (Singapore) or any Affiliate thereof that agrees to
issue Singapore Letters of Credit, (b) if reasonably acceptable to Asian Loan Party Agent, any other Singapore Lender or Affiliate thereof that agrees to issue Singapore Letters of Credit, or (c) if requested by Asian Loan Party Agent and
subject to Section 2.10, a Non-Lender Fronting Bank that agrees to issue Singapore Letters of Credit. 
 Singapore
Fronting Bank Indemnitees: any Singapore Fronting Bank and its officers, directors, employees, Affiliates and agents. 

Singapore LC Application: an application by any Singapore Borrower on behalf of itself or any other Singapore Borrower to a
Singapore Fronting Bank for issuance of a Singapore Letter of Credit, in form and substance reasonably satisfactory to such Singapore Fronting Bank. 
 Singapore LC Conditions: the following conditions necessary for issuance of a Singapore Letter of Credit: (a) each of the conditions set forth in Section 6 being satisfied or waived;
(b) after giving effect to such issuance, the total Ex-NA LC Obligations do not exceed the Ex-NA Letter of Credit Sublimit, no Singapore Overadvance exists or would result therefrom and, in the case of any Singapore Borrower, Section 2.11
is satisfied; (c) the expiration date of such Singapore Letter of Credit is (i) no more than 365 days from issuance (provided that each Singapore Letter of Credit may, upon the request of the Applicable Singapore Borrower, include a
provision whereby such Letter of Credit shall be renewed automatically for additional consecutive periods of twelve (12) months or less (but no later than 20 Business Days prior to the Facility Termination Date)), and (ii) unless the
applicable Singapore Fronting Bank and the Agent otherwise consent (subject to the satisfaction of the Cash Collateral requirements set forth in Section 2.7.3), at least 20 Business Days prior to the Facility Termination Date; (d) the
Singapore Letter of Credit and payments thereunder are denominated in Singapore Dollars, Dollars or Euros; (e) the form of the proposed Singapore Letter of Credit is reasonably satisfactory to the Agent and the applicable Singapore Fronting
Bank; and (f) the proposed use of the Singapore Letter of Credit is for a lawful purpose. 
 Singapore LC Documents:
all documents, instruments and agreements (including Singapore LC Requests and Singapore LC Applications) delivered by any Singapore Borrower or by any other Person to a Singapore Fronting Bank or the Agent in connection with issuance, amendment or
renewal of, or payment under, any Singapore Letter of Credit. 

  
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 Singapore LC Obligations: with respect to the Applicable Singapore Borrower, the
Dollar Equivalent of the sum (without duplication) of (a) all amounts owing by such Applicable Singapore Borrower for any drawings under Singapore Letters of Credit; (b) the stated amount of all outstanding Singapore Letters of Credit
issued for the account of such Applicable Singapore Borrower; and (c) all fees and other amounts owing with respect to such Singapore Letters of Credit. 
 Singapore LC Request: a request for issuance of a Singapore Letter of Credit, to be provided by a Singapore Borrower to a Singapore Fronting Bank, in form reasonably satisfactory to Agent and such
Singapore Fronting Bank. 
 Singapore LC Reserve: with respect to the Applicable Singapore Borrower, the aggregate of all
Singapore LC Obligations of such Applicable Singapore Borrower, other than (a) those that have been Cash Collateralized and (b) if no Event of Default exists, those constituting charges owing to any Singapore Fronting Bank. 

Singapore Lenders: each Lender that has issued a Singapore Revolver Commitment (provided that such Person or an Affiliate
of such Person also has a U.S. Revolver Commitment). 
 Singapore Letter of Credit: any standby or documentary letter of
credit issued by a Singapore Fronting Bank for the account of a Singapore Borrower, or any indemnity, guarantee, exposure transmittal memorandum or similar form of credit support issued by Agent or a Singapore Fronting Bank for the benefit of a
Singapore Borrower. 
 Singapore Overadvance: as defined in Section 2.1.5(f). 

Singapore Overadvance Loan: a Loan made to a Singapore Borrower when a Singapore Overadvance exists or is caused by the funding
thereof. 
 Singapore Overadvance Loan Balance: on any date, the Dollar Equivalent of the amount by which the aggregate
Singapore Revolver Loans of the Applicable Singapore Borrower or all Singapore Borrowers, as the case may be, exceed the amount of the Singapore Borrowing Base of such Applicable Singapore Borrower or the Total Singapore Borrowing Base, as
applicable, on such date. 
 Singapore Priority Payables Reserve: on any date of determination, a reserve in such amount
as Agent may determine in its Permitted Discretion which reflects amounts secured by any Liens, choate or inchoate, which rank or are capable of ranking in priority to the Agent’s and/or the Secured Parties’ Liens including, without
limitation, all amounts deducted or withheld and not paid and remitted when due under the Singapore Income Tax Act, Chapter 134, amounts currently or past due and not paid for realty, municipal or similar taxes (to the extent impacting any Singapore
Facility Collateral), all amounts currently or past due and not contributed, remitted or paid under the Singapore Central Provident Fund Act, Chapter 36. 
 Singapore Protective Advances: as defined in Section 2.1.6(f). 

  
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 Singapore Reimbursement Date: as defined in Section 2.7.2(a). 

Singapore Rent Reserve: the aggregate of (a) all past due rent and other past due charges owing by any Singapore Borrower to
any landlord or other Person who possesses any Singapore Facility Collateral or could assert a Lien on such Singapore Facility Collateral; plus (b) a reserve in an amount not to exceed rent and other charges that could be payable to any
such Person for the time period used to determine the Net Orderly Liquidation Value of Singapore Facility Collateral. 

Singapore Revolver Commitment: for any Singapore Lender, its obligation to make Singapore Revolver Loans and to issue Singapore
Letters of Credit, in the case of any Singapore Fronting Bank, or participate in Singapore LC Obligations, in the case of the other Singapore Lenders, to the Singapore Borrowers up to the maximum principal amount shown in the joinder documentation
for such Singapore Lender or as thereafter determined pursuant to each Assignment and Acceptance to which it is a party, as such Singapore Revolver Commitment may be adjusted from time to time in accordance with the provisions of
Sections 2.1.4, 2.1.7 or 11.1. “Singapore Revolver Commitments” means the aggregate amount of such commitments of all Singapore Lenders. As of the Closing Date, the Singapore Revolver Commitments are $0. 

Singapore Revolver Commitment Increase: as defined in Section 2.1.7(f). 

Singapore Revolver Commitment Termination Date: the earliest of (a) the U.S. Revolver Commitment Termination Date (without
regard to the reason therefor), (b) the date on which the Asian Loan Party Agent terminates or reduces to zero all of the Singapore Revolver Commitments pursuant to Section 2.1.4, and (c) the date on which the Singapore Revolver
Commitments are terminated pursuant to Section 11.1. From and after the Singapore Revolver Commitment Termination Date, the Singapore Borrowers shall no longer be entitled to request a Singapore Revolver Commitment Increase pursuant to
Section 2.1.7 hereof. 
 Singapore Revolver Exposure: on any date, the Dollar Equivalent of an amount equal to the
sum of (a) the Singapore Revolver Loans outstanding on such date and (b) the Singapore LC Obligations on such date. 

Singapore Revolver Loan: a Revolver Loan made by Singapore Lenders to a Singapore Borrower pursuant to Section 2.1.1(f),
which Revolver Loan shall, if denominated in Singapore Dollars, be either a SIBOR Loan or an Singapore Base Rate Loan and, if denominated in Dollars or Euros, shall be either a LIBOR Loan or a Singapore Base Rate Loan, in each case as selected by
Applicable Singapore Borrower, and including any Singapore Swingline Loan, Singapore Overadvance Loan or Singapore Protective Advance. 
 Singapore Revolver Notes: the promissory notes, if any, executed by Singapore Borrowers in favor of each Singapore Lender to evidence the Singapore Revolver Loans funded from time to time by such
Singapore Lender, which shall be in the form of 
 Exhibit C-6 to this Agreement, together with any replacement or successor notes
therefor. 
 Singapore Security Agreements: each debenture or other document among any Singapore Domiciled Loan Party and
Agent or the Singapore Security Trustee. 

  
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 Singapore Security Trustee: Bank of America (Singapore) or any successor security
trustee appointed by the Agent. 
 Singapore Subsidiary: Each Wholly-Owned Subsidiary of MRC incorporated or organized
under the laws of Singapore. 
 Singapore Swingline Commitment: for the Singapore Swingline Lender, the maximum principal
amount shown in the joinder documentation for the Singapore Swingline Lender up to which it may make Singapore Swingline Loans. 

Singapore Swingline Commitment Termination Date: with respect to any Singapore Swingline Loan, the date that is five Business Days
prior to the Singapore Revolver Commitment Termination Date. 
 Singapore Swingline Lender: Bank of America (Singapore)
or an Affiliate of Bank of America (Singapore). 
 Singapore Swingline Loan: a Swingline Loan made by the Singapore
Swingline Lender to a Singapore Borrower pursuant to Section 2.1.8(f), which Swingline Loan shall be a Singapore Base Rate Loan. 
 Sold Entity or Business: as defined in the definition of the term “Consolidated EBITDA”. 
 Solidary Claim: as defined in Section 12.1.1(b). 
 Solvent: as
it relates to (a) the Loan Parties, taken as a whole, (i) are adequately capitalized (for purposes of all jurisdictions other than Australia, New Zealand, Singapore and the UK), (ii) own assets, the value of which, on a going concern
basis, exceed their liabilities, (iii) will have sufficient working capital to pay their debts as they become due and (iv) have not incurred (by way of assumption or otherwise) any obligations or liabilities (contingent or otherwise), or
made any conveyance in connection therewith, in each case, with actual intent to hinder, delay or defraud either present or future creditors of such Persons or any of their Affiliates; and (b) (i) as to any other Person (other than a
Person incorporated or organized under the laws of Australia, Belgium, Canada, New Zealand, Singapore or the UK, or any province or territory of Canada or Singapore or any state or territory of Australia), such Person (1) owns Property whose
fair salable value is greater than the amount required to pay all of its debts (including contingent, subordinated, unmatured and unliquidated liabilities); (2) owns Property whose present fair salable value (as defined below) is greater than
the total liabilities (including contingent, subordinated, unmatured and unliquidated liabilities) of such Person as they become absolute and matured; (3) is able to pay all of its debts as they mature or fall due in the normal course of
business; (4) has capital that is not unreasonably small for its business and is sufficient to carry on its business and transactions and all business and transactions in which it is about to engage; (5) is not “insolvent” within
the meaning of Section 101(32) of the U.S. Bankruptcy Code; and (6) has not incurred (by way of assumption or otherwise) any obligations or liabilities (contingent or otherwise) or made any conveyance in connection therewith, with actual
intent to hinder, delay or defraud either present or future creditors of such Person or any of its Affiliates, (ii) as to any other Person incorporated or organized under the laws of the Canada or any

  
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province or territory of Canada, is not an “insolvent person” as defined in the Bankruptcy and Insolvency Act (Canada), (iii) as to any other Person incorporated or
organized under the laws of Singapore (1) is not presumed or deemed to be unable and does not admit inability to pay its debts as they fall due, does not suspend making payments on any of its debts and, by reason of actual or anticipated
financial difficulties, does not commence negotiations with one or more of its creditors with a view to rescheduling any of its indebtedness; (2) has assets with a value that is not less than its liabilities (taking into account contingent and
prospective liabilities); (3) has not had a moratorium declared in respect of any of its indebtedness; and (4) has no expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affecting
its asset or assets, (iv) as to any other Person incorporated, registered or organized under the laws of Australia or any state or territory thereof (1) does not become, does not admit in writing that it is, is not declared to be, or is
not deemed under any Applicable Law to be, insolvent; (2) is able to pay its debts (as and when they become due and payable) and does not stop payments of its debts generally; (3) is not found or declared by a court to be insolvent, does
not become insolvent within the meaning of section 95A(1) and (2) of the Corporations Act 2001 (Cth) or otherwise found or deemed to be insolvent by law or a court; and (4) complies with a statutory demand that has not been stayed or
overturned within the meaning of section 459F(1) of the Corporations Act 2001 (Cth), (v) as to any other Person incorporated in the UK, is not or does not admit its inability to pay its debts as they fall due, does not suspend or threaten to
suspend making payments on any of its debt, does not by reason of actual or anticipated financial difficulties, commence negotiations with its creditors with a view of rescheduling its indebtedness and no moratorium is declared in respect of its
indebtedness; (vi) as to any other Person incorporated, registered or organized under the laws of New Zealand satisfies the “solvency test” within the meaning of Section 4 of the Companies Act 1993 (New Zealand), and
(vii) as to any Person incorporated in Belgium, is not “insolvent” within the meaning of the Belgian bankruptcy law of 8 August 1997 and does not commence negotiations with its creditors with a view of rescheduling its
indebtedness and does not apply for a judicial reorganisation under the law on the continuity of enterprises of 31 January 2009. “Fair salable value” means the amount that could be obtained for assets within a reasonable time, either
through collection or through sale under ordinary selling conditions by a capable and diligent seller to an interested buyer who is willing (but under no compulsion) to purchase. 

Specified Revolving Credit Collateral: all Letter-of-Credit Rights, Chattel Paper, Instruments, Investment Property and General
Intangibles pertaining to the property described in clauses (i) and (ii) of Section 7.1 of this Agreement. 

Specified Subsidiary: at any date of determination (a) any Material Subsidiary or (b) any Unrestricted Subsidiary
(i) whose total assets at the last day of the Test Period ending on the last day of the most recent fiscal period for which financial statements pursuant to clause (a) or (b) of Section 10.1.1 have been delivered were equal to or
greater than 15% of the Consolidated Total Assets of the Parent and the Subsidiaries at such date or (ii) whose gross revenues for such Test Period were equal to or greater than 15% of the consolidated gross revenues of the Parent and the
Subsidiaries for such period, in each case determined in accordance with GAAP and (c) each other Subsidiary that, when such Subsidiary’s total assets or gross revenues are aggregated with the total assets or gross revenues, as applicable,
of each other Subsidiary that is the subject of an Event of Default described in Section 11.1.5 would constitute a Specified Subsidiary under clause (a) or (b) above. 

  
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 Specified Transaction: with respect to any period, any Investment, sale, transfer or
other disposition of assets, incurrence or repayment of Indebtedness, dividend, Subsidiary designation, Revolver Commitment Increase or other event that by the terms of this Agreement requires “Pro Forma Compliance” with a test or
covenant hereunder or requires such test or covenant to be calculated on a “Pro Forma Basis.” 

Sponsor: GS Capital Partners V Fund, L.P. and its respective Affiliates. 

Stamp Act: as defined in Section 5.8.4(a). 
 Sterling: the lawful currency of the United Kingdom. 
 Stock: shares
of capital stock or shares in the capital, as the case may be (whether denominated as common stock or preferred stock or ordinary shares or preferred shares, as the case may be), beneficial, partnership or membership interests, participations or
other equivalents (regardless of how designated) of or in a corporation, partnership, limited liability company or equivalent entity, whether voting or non-voting. 
 Stock Equivalents: all securities convertible into or exchangeable for Stock and all warrants, options or other rights to purchase or subscribe for any Stock, whether or not presently convertible,
exchangeable or exercisable. 
 Subordinated Indebtedness: Indebtedness of any Loan Party that is expressly subordinate
and junior in right of payment to the Obligations of such Loan Party under this Agreement and is on subordination terms no less favorable to the Lenders than as is customary for senior subordinated notes issued in a public or Rule 144A high yield
debt offering, it being understood that delivery to the Agent at least ten Business Days prior to the incurrence of such Indebtedness of a certificate of a Senior Officer of a Borrower (together with a reasonably detailed description of the
subordination terms and conditions of such Indebtedness or drafts of the documentation relating thereto) certifying that such Borrower has determined in good faith that such subordination terms and conditions satisfy the foregoing requirements shall
be conclusive evidence that such terms and conditions satisfy such requirement unless the Agent notifies such Borrower within such ten Business Day period that it disagrees with such determination (including a reasonable description of the basis
upon which it disagrees) 
 Subordination Agreement: that certain Postponement and Subordination Agreement dated as of
June 14, 2011, among McJunkin Red Man Canada Ltd., an Alberta corporation, Midfield Holdings (Alberta) Ltd., an Alberta corporation, the Initial Canadian Borrower and Bank of America, as Agent and Lender, as amended, restated, supplemented or
otherwise modified from time to time. 
 Subsidiary: with respect to any Person shall mean and include (a) any
corporation more than 50% of whose Stock of any class or classes having by the terms thereof ordinary voting power to elect a majority of the directors of such corporation (irrespective of whether or not at the time Stock of any class or classes of
such corporation shall have or might have voting power by reason of the happening of any contingency) is at the time owned by such Person directly or indirectly through Subsidiaries and (b) any partnership, limited liability company,
association, joint venture or other entity in which such Person directly or indirectly through Subsidiaries has more than a 50% equity interest at the time. Unless otherwise expressly provided, all references herein to a “Subsidiary” shall
mean a Subsidiary of any Borrower. 

  
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 Successor Borrower: as defined in Section 10.2.3(a). 

Super-Majority Borrower Group Lenders: at any date of determination thereof, Lenders having Borrower Group Commitments to a
Borrower Group representing more than 75% of the aggregate Borrower Group Commitments to such Borrower Group at such time; provided, however, that if and for so long as any such Lender shall be a Defaulting Lender, the term
“Super-Majority Borrower Group Lenders” shall mean Lenders (excluding such Defaulting Lender) having Borrower Group Commitments to such Borrower Group representing more than 75% of the aggregate Borrower Group Commitments to such Borrower
Group (excluding the Borrower Group Commitments of each Defaulting Lender) at such time; provided further, however, that if all of the Borrower Group Commitments to such Borrower Group have been terminated, the term
“Super-Majority Borrower Group Lenders” shall mean Lenders to such Borrower Group holding Revolver Loans to, and (if applicable) participating interests in LC Obligations owing by, such Borrower Group representing more than 75% of the
aggregate outstanding principal amount of Revolver Loans and (if applicable) LC Obligations owing by such Borrower Group at such time. 
 Super-Majority Lenders: at any date of determination thereof, Lenders having Commitments representing more than 75% of the aggregate Commitments at such time; provided, however, that
for so long as any Lender shall be a Defaulting Lender, the term “Super-Majority Lenders” shall mean Lenders (excluding such Defaulting Lender) having Commitments representing more than 75% of the aggregate Commitments (excluding the
Commitments of each Defaulting Lender) at such time; provided further, however, that if any of the Commitments have been terminated, the term “Super-Majority Lenders” shall be calculated based on the Dollar Equivalent thereof
using (a) in lieu of such Lender’s terminated Commitment, the outstanding principal amount of the Revolver Loans by such Lender to, and (if applicable) participation interests in LC Obligations owing by, all Borrowers and (b) in lieu
of the aggregate Commitments to all Borrowers, the aggregate outstanding Revolver Loans to, and (if applicable) LC Obligations owing by all Borrowers. 
 Supporting Obligations: as defined in the UCC, and in any event means a Letter-of-Credit Right or secondary obligation that supports the payment or performance of an Account, Chattel Paper,
Document, General Intangible, Instrument or Investment Property, including, but not limited to, securities, Investment Property, bills, notes, lien notes, judgments, chattel mortgages, mortgages, security interests, hypothecs, assignments,
guarantees, suretyships, accessories, bills of exchange, negotiable instruments, invoices and all other rights, benefits and documents now or hereafter taken, vested in or held by a Person in respect of or as security for the same and the full
benefit and advantage thereof, and all rights of action or claims which a Person now has or may at any time hereafter have against any other Person in respect thereof, including rights in its capacity as seller of any property or assets returned,
repossessed or recovered, under an installment or conditional sale or otherwise. 
 Swingline Commitment: the Australian
Swingline Commitment, the Belgian Swingline Commitment, the Canadian Swingline Commitment, the Dutch Swingline Commitment, the New Zealand Swingline Commitment, the Singapore Swingline Commitment, the UK Swingline Commitment and/or the U.S.
Swingline Commitment, as the context requires. 

  
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 Swingline Commitment Termination Date: the Australian Swingline Commitment
Termination Date, the Belgian Swingline Commitment Termination Date, the Canadian Swingline Commitment Termination Date, the Dutch Swingline Commitment Termination Date, the New Zealand Swingline Commitment Termination Date, the Singapore Swingline
Commitment Termination Date, the UK Swingline Commitment Termination Date and/or the U.S. Swingline Commitment Termination Date, as the context requires. 
 Swingline Lender: the Australian Swingline Lender, the Belgian Swingline Lender, the Canadian Swingline Lender, the Dutch Swingline Lender, the New Zealand Swingline Lender, the Singapore Swingline
Lender, the UK Swingline Lender and/or the U.S. Swingline Lender, as the context requires. 
 Swingline Loan: a loan made
pursuant to Section 2.1.8. 
 TARGET Day: any day on which the Trans-European Automated Real-time Gross Settlement
Express Transfer (TARGET) payment system (or, if such payment system ceases to be operative, such other payment system (if any) determined by Agent to be a suitable replacement) is open for the settlement of payments in Euro. 

Tax Credit: a credit against, relief or remission for, or refund or repayment of, any Taxes. 

Tax Deduction: a deduction or withholding for or on account of Taxes from a payment under any Loan Document. 

Tax Payment: either the increase in a payment made by a Relevant Borrower under Section 5.8.1, 5.8.5(c), 5.8.6(b), 5.8.8(b)
or 5.8.9(b), as applicable, or a payment under Section 5.8.5(d), 5.8.6(c), 5.8.7(a), 5.8.8.(c) or 5.8.9(c), as applicable. 

Taxes: all present or future taxes, levies, imposts, duties, deductions, withholdings, assessments, fees or other similar charges
imposed in the nature of taxation by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto. 
 Temporary Eligibility Period: in the case of an Australian Domiciled Loan Party, Belgian Domiciled Loan Party, Dutch Domiciled Loan Party or UK Domiciled Loan Party existing on the Closing Date,
the period of sixty (60) days after the Closing Date, or such longer period as the Agent shall approve; provided, such period shall not exceed one hundred twenty (120) days after the Closing Date without the approval of the
applicable Required Borrower Group Lenders. 
 Termination Event: (a) the voluntary full or partial wind up of a
Canadian Pension Plan that is a registered pension plan by a Canadian Facility Loan Party; (b) the institution of proceedings by any Governmental Authority to terminate in whole or in part or have a trustee appointed to administer such a plan;
or (c) any other event or condition which might constitute grounds for the termination of, winding up or partial termination of winding up or the appointment of trustee to administer, any such plan. 

  
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 Test Period: for any determination under this Agreement, the four consecutive fiscal
quarters of MRC then last ended. 
 Total Australian Borrowing Base: at any time, an amount equal to the sum (expressed
in Dollars, based on the Dollar Equivalent thereof) of, without duplication: 
 (a) the book value of Australian
Eligible Accounts of all Australian Borrowers multiplied by the advance rate of 85%, plus 
 (b) the
lesser of (i) 70% of the net book value of Australian Eligible Inventory of all Australian Borrowers and (ii) 85% of the Net Orderly Liquidation Value of Australian Eligible Inventory of all Australian Borrowers (which shall be
(A) net of the current monthly shrinkage reserve calculated in accordance with GAAP and (B) valued at Cost), plus 
 (c) Australian Allocated U.S. Availability for all Australian Borrowers, minus 
 (d) subject to Section 7.5, effective (i) immediately upon or (ii) five (5) Business Days after, in the case of Australian Availability Reserves which would cause the aggregate amount
of the Australian Revolver Loans of all Australian Borrowers at such time to exceed the lesser of the Australian Revolver Commitments and the Total Australian Borrowing Base then in effect, in each case, notification thereof to the Australian
Borrowers by the Agent, any and all Australian Availability Reserves. 
 The Total Australian Borrowing Base at any time shall be determined by
reference to the most recent Borrowing Base Certificate theretofore delivered to the Agent with such adjustments as the Agent deems appropriate in its Permitted Discretion to assure that the Total Australian Borrowing Base is calculated in
accordance with the terms of this Agreement. Notwithstanding the foregoing, the Total Australian Borrowing Base will exclude clauses (a) and (b) thereof with respect to any Applicable Australian Borrower until such time as such Applicable
Australian Borrower has complied with Section 8.1.4. 
 Total Belgian Borrowing Base: at any time, an amount equal
to the sum (expressed in Dollars, based on the Dollar Equivalent thereof) of, without duplication: 
 (a) the
book value of Belgian Eligible Accounts of all Belgian Borrowers multiplied by the advance rate of 85%, plus 
 (b) the lesser of (i) 70% of the net book value of Belgian Eligible Inventory of all Belgian Borrowers and (ii) 85% of the Net Orderly Liquidation Value of Belgian Eligible Inventory of all
Belgian Borrowers (which shall be (A) net of the current monthly shrinkage reserve calculated in accordance with GAAP and (B) valued at Cost); provided, that the net book value of Belgian Eligible Inventory and Net Orderly Liquidation
Value of Belgian Eligible Inventory shall be multiplied by 50% to the extent that such Belgian Eligible Inventory is, in either case, subject to a business pledge and not a possessory pledge, plus 

  
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 (c) Belgian Allocated U.S. Availability for all Belgian Borrowers,
minus 
 (d) subject to Section 7.5, effective (i) immediately upon or (ii) five
(5) Business Days after, in the case of Belgian Availability Reserves which would cause the aggregate amount of the Belgian Revolver Loans of all Belgian Borrowers at such time to exceed the lesser of the Belgian Revolver Commitments and the
Total Belgian Borrowing Base then in effect, in each case, notification thereof to the Belgian Borrowers by the Agent, any and all Belgian Availability Reserves. 
 The Total Belgian Borrowing Base at any time shall be determined by reference to the most recent Borrowing Base Certificate theretofore delivered to the Agent with such adjustments as the Agent deems
appropriate in its Permitted Discretion to assure that the Total Belgian Borrowing Base is calculated in accordance with the terms of this Agreement. 
 Total Canadian Borrowing Base: at any time, an amount equal to the sum (expressed in Dollars, based on the Dollar Equivalent thereof) of, without duplication: 

(a) the book value of Canadian Eligible Accounts of all Canadian Borrowers multiplied by the advance rate of 85%,
plus 
 (b) the lesser of (i) 70% of the net book value of Canadian Eligible Inventory of all
Canadian Borrowers (adding back the LIFO reserve calculated in accordance with GAAP) and (ii) 85% of the Net Orderly Liquidation Value of Canadian Eligible Inventory of all Canadian Borrowers (which shall be (A) net of the current monthly
shrinkage reserve calculated in accordance with GAAP and (B) valued at Cost), plus 
 (c) Canadian
Allocated U.S. Availability for all Canadian Borrowers, minus 
 (d) subject to Section 7.5,
effective (i) immediately upon or (ii) five (5) Business Days after, in the case of Canadian Availability Reserves which would cause the aggregate amount of the Canadian Revolver Loans of all Canadian Borrowers at such time to exceed
the lesser of the Canadian Revolver Commitments and the Total Canadian Borrowing Base then in effect, in each case, notification thereof to the Canadian Borrowers by the Agent, any and all Canadian Availability Reserves. 

The Total Canadian Borrowing Base at any time shall be determined by reference to the most recent Borrowing Base Certificate theretofore delivered to the
Agent with such adjustments as the Agent deems appropriate in its Permitted Discretion to assure that the Total Canadian Borrowing Base is calculated in accordance with the terms of this Agreement. 

Total Dutch Borrowing Base: at any time, an amount equal to the sum (expressed in Dollars, based on the Dollar Equivalent thereof)
of, without duplication: 
 (a) the book value of Dutch Eligible Accounts of all Dutch Borrowers multiplied by
the advance rate of 85%, plus 

  
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 (b) the lesser of (i) 70% of the net book value of Dutch Eligible
Inventory of all Dutch Borrowers and (ii) 85% of the Net Orderly Liquidation Value of Dutch Eligible Inventory of all Dutch Borrowers (which shall be (A) net of the current monthly shrinkage reserve calculated in accordance with GAAP and
(B) valued at Cost), plus 
 (c) Dutch Allocated U.S. Availability for all Dutch Borrowers,
minus 
 (d) subject to Section 7.5, effective (i) immediately upon or (ii) five
(5) Business Days after, in the case of Dutch Availability Reserves which would cause the aggregate amount of the Dutch Revolver Loans of all Dutch Borrowers at such time to exceed the lesser of the Dutch Revolver Commitments and the Total
Dutch Borrowing Base then in effect, in each case, notification thereof to the Dutch Borrowers by the Agent, any and all Dutch Availability Reserves. 
 The Total Dutch Borrowing Base at any time shall be determined by reference to the most recent Borrowing Base Certificate theretofore delivered to the Agent with such adjustments as the Agent deems
appropriate in its Permitted Discretion to assure that the Total Dutch Borrowing Base is calculated in accordance with the terms of this Agreement. 
 Total New Zealand Borrowing Base: at any time, an amount equal to the sum (expressed in Dollars, based on the Dollar Equivalent thereof) of, without duplication: 

(a) the book value of New Zealand Eligible Accounts of all New Zealand Borrowers multiplied by the advance rate of 85%,
plus 
 (b) the lesser of (i) 70% of the net book value of New Zealand Eligible Inventory of all New
Zealand Borrowers and (ii) 85% of the Net Orderly Liquidation Value of New Zealand Eligible Inventory of all New Zealand Borrowers (which shall be (A) net of the current monthly shrinkage reserve calculated in accordance with GAAP and
(B) valued at Cost), plus 
 (c) New Zealand Allocated U.S. Availability for all New Zealand
Borrowers, minus 
 (d) subject to Section 7.5, effective (i) immediately upon or (ii) five
(5) Business Days after, in the case of New Zealand Availability Reserves which would cause the aggregate amount of the New Zealand Revolver Loans of all New Zealand Borrowers at such time to exceed the lesser of the New Zealand Revolver
Commitments and the Total New Zealand Borrowing Base then in effect, in each case, notification thereof to the New Zealand Borrowers by the Agent, any and all New Zealand Availability Reserves. 

The Total New Zealand Borrowing Base at any time shall be determined by reference to the most recent Borrowing Base Certificate theretofore delivered to
the Agent with such adjustments as the Agent deems appropriate in its Permitted Discretion to assure that the Total New Zealand Borrowing Base is calculated in accordance with the terms of this Agreement. 

  
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 Total Revolver Exposure: as of any date of determination the sum of the Australian
Revolver Exposure, the Belgian Revolver Exposure, the Canadian Revolver Exposure, the Dutch Revolver Exposure, the New Zealand Revolver Exposure, the Singapore Revolver Exposure, the UK Revolver Exposure and the U.S. Revolver Exposure on such date
of determination. 
 Total Singapore Borrowing Base: at any time, an amount equal to the sum (expressed in Dollars, based
on the Dollar Equivalent thereof) of, without duplication: 
 (a) the book value of Singapore Eligible Accounts
of all Singapore Borrowers multiplied by the advance rate of 85%, plus 
 (b) the lesser of (i) 70%
of the net book value of Singapore Eligible Inventory of all Singapore Borrowers and (ii) 85% of the Net Orderly Liquidation Value of Singapore Eligible Inventory of all Singapore Borrowers (which shall be (A) net of the current monthly
shrinkage reserve calculated in accordance with GAAP and (B) valued at Cost), plus 
 (c) Singapore
Allocated U.S. Availability for all Singapore Borrowers, minus 
 (d) subject to Section 7.5,
effective (i) immediately upon or (ii) five (5) Business Days after, in the case of Singapore Availability Reserves which would cause the aggregate amount of the Singapore Revolver Loans of all Singapore Borrowers at such time to
exceed the lesser of the Singapore Revolver Commitments and the Total Singapore Borrowing Base then in effect, in each case, notification thereof to the Singapore Borrowers by the Agent, any and all Singapore Availability Reserves. 

The Total Singapore Borrowing Base at any time shall be determined by reference to the most recent Borrowing Base Certificate theretofore delivered to
the Agent with such adjustments as the Agent deems appropriate in its Permitted Discretion to assure that the Total Singapore Borrowing Base is calculated in accordance with the terms of this Agreement. 

Total UK Borrowing Base: at any time, an amount equal to the sum (expressed in Dollars, based on the Dollar Equivalent thereof)
of, without duplication: 
 (a) the book value of UK Eligible Accounts of all UK Borrowers multiplied by the
advance rate of 85%, plus 
 (b) the lesser of (i) 70% of the net book value of UK Eligible Inventory
of all UK Borrowers and (ii) 85% of the Net Orderly Liquidation Value of UK Eligible Inventory of all UK Borrowers (which shall be (A) net of the current monthly shrinkage reserve calculated in accordance with GAAP and (B) valued at
Cost), plus 
 (c) UK Allocated U.S. Availability for all UK Borrowers, minus 

(d) subject to Section 7.5, effective (i) immediately upon or (ii) five (5) Business Days after, in
the case of UK Availability Reserves which would cause the aggregate amount of the UK Revolver Loans of all UK Borrowers at such time to exceed the lesser of the UK Revolver Commitments and the Total UK Borrowing Base then in effect, in each case,
notification thereof to the UK Borrowers by the Agent, any and all UK Availability Reserves. 

  
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 The Total UK Borrowing Base at any time shall be determined by reference to the most recent Borrowing Base
Certificate theretofore delivered to the Agent with such adjustments as the Agent deems appropriate in its Permitted Discretion to assure that the Total UK Borrowing Base is calculated in accordance with the terms of this Agreement. Notwithstanding
the foregoing, the Total UK Borrowing Base will exclude clauses (a) and (b) thereof with respect to any Applicable UK Borrower until such time as such Applicable UK Borrower has complied with Section 8.1.4. 

Transaction Expenses: any fees or expenses incurred or paid by any Borrower or any of its Subsidiaries in connection with this
Agreement, the other Loan Documents and the transactions contemplated hereby and thereby. 
 Transfer: as defined in
Section 2.1.6(j). 
 Transfer Date: as defined in Section 2.1.6(j). 

Transferee: any actual or potential Eligible Assignee, Participant or other Person acquiring an interest in any Obligations.

 Treaty Lender: for purposes of Section 5.8.5 a Foreign Lender (as defined in Section 5.8.5(a)), and for
purposes of Sections 5.8.6, 5.8.8 and 5.8.9, a Lender which: 
 (a) is treated as a resident of a Treaty State for the purposes
of the relevant Treaty; 
 (b) does not carry on a business in Australia, Belgium, Singapore or the United Kingdom, as
applicable, through a permanent establishment with which that Lender’s participation in any advance is effectively connected; and 
 (c) meets all other conditions of the relevant Treaty for full exemption from Australian, Belgian, Singapore or the United Kingdom, as applicable, taxation on interest and other amounts which relate to
the Lender (including, without limitation, its tax or other status, the manner in which or the period for which it holds any rights under this Agreement, the reasons or purposes for its acquisition of such rights and the nature of any arrangements
by which it disposes of or otherwise turns to account such rights) under the Loan Documents. In this subclause (c), “conditions” shall mean conditions relating to an entity’s eligibility for full exemption under the relevant Treaty
and shall not be treated as including any procedural formalities that need to be satisfied in relation to that Treaty. 

“Treaty State” has the meaning given to it, in relation to Australian Tax matters, Belgian Tax matters, Singapore Tax
matters and United Kingdom Tax matters in, respectively, Section 5.8.5, Section 5.8.6, Section 5.8.8 and Section 5.8.9. 
 Type: any type of a Loan (i.e., Base Rate Loan, LIBOR Loan, SIBOR Loan, Canadian BA Rate Loan, Canadian Prime Rate Loan, Australian Bank Bill Rate Loan, New Zealand Bank Bill Rate Loan) and
which shall be either an Interest Period Loan or a Floating Rate Loan. 

  
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 UCC: the Uniform Commercial Code as in effect in the State of New York or, when the
laws of any other U.S. state or territory govern the creation, perfection, priority or enforcement of any Lien, the Uniform Commercial Code of such state or territory. 
 UK or United Kingdom: the United Kingdom of Great Britain and Northern Ireland. 
 UK Allocated U.S. Availability: U.S. Availability designated by the North American Loan Party Agent for application to clause (c) of a UK Borrowing Base. 

UK Alternate Swingline Commitment: $5,000,000. 
 UK Alternate Swingline Loan: a Swingline Loan made by the UK Swingline Lender to a UK Borrower pursuant to Section 2.1.8(g), which Swingline Loan shall be a UK Base Rate Loan. 

UK Availability: as of any date of determination, (a) the lesser of (i) the UK Revolver Commitments minus all UK
LC Obligations as of such date of determination and (ii) the Total UK Borrowing Base as of such date of determination, minus (b) the Dollar Equivalent of the principal balance of all UK Revolver Loans. 

UK Availability Reserves: the sum (without duplication) of (a) the aggregate amount of the UK Rent Reserve, if any,
established pursuant to clause (h) of the definition of UK Eligible Inventory; (b) the UK LC Reserve; (c) the UK Bank Product Reserve; (d) the UK Priority Payables Reserve; and (e) such additional reserves, in such amounts
and with respect to such matters, as the Agent may establish in its Permitted Discretion. 
 UK Bank Product Reserve: the
aggregate amount of reserves, as established by the Agent from time to time in its Permitted Discretion and in consultation with the European Loan Party Agent, to reflect the reasonably anticipated liabilities in respect of the then outstanding
Secured Bank Product Obligations of the UK Domiciled Loan Parties. 
 UK Base Rate Loan: a UK Revolver Loan, or portion
thereof, bearing interest calculated by reference to the Eurasian Base Rate. 
 UK Borrowers: (a) the Initial UK
Borrowers and (b) each other UK Subsidiary that, after the date hereof, has executed a supplement or joinder to this Agreement in accordance with Section 10.1.13 and has satisfied the other requirements set forth in Section 10.1.13 in
order to become a UK Borrower. 
 UK Borrowing Base: at any time, with respect to the Applicable UK Borrower, an amount
equal to the sum (expressed in Dollars, based on the Dollar Equivalent thereof) of, without duplication: 
 (a)
the book value of UK Eligible Accounts of the Applicable UK Borrower multiplied by the advance rate of 85%, plus 
 (b) the lesser of (i) 70% of the net book value of UK Eligible Inventory of the Applicable UK Borrower and (ii) 85% of the Net Orderly Liquidation Value of UK Eligible Inventory of the
Applicable UK Borrower (which shall be (A) net of the current monthly shrinkage reserve calculated in accordance with GAAP and (B) valued at Cost), plus 

  
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 (c) UK Allocated U.S. Availability for such Applicable UK Borrower,
minus 
 (d) subject to Section 7.5, effective (i) immediately upon or (ii) five
(5) Business Days after, in the case of UK Availability Reserves allocable to the Applicable UK Borrower which would cause the aggregate amount of the UK Revolver Loans allocable to the Applicable UK Borrower at such time to exceed the lesser
of the Applicable UK Borrower’s Applicable UK Borrower Commitment and the Applicable UK Borrower’s UK Borrowing Base then in effect, in each case, notification thereof to the European Loan Party Agent by the Agent, any and all such UK
Availability Reserves. 
 The UK Borrowing Base at any time shall be determined by reference to the most recent Borrowing Base Certificate
theretofore delivered to the Agent with such adjustments as the Agent deems appropriate in its Permitted Discretion to assure that the UK Borrowing Base is calculated in accordance with the terms of this Agreement. Notwithstanding the foregoing,
(i) the Accounts and Inventory of SPF (UK) shall be ineligible until such time as Agent has received a satisfactory audit and appraisal for SPF (UK) and (ii) the UK Borrowing Base will exclude clauses (a) and (b) thereof until
such time as the Applicable UK Borrower has complied with Sections 8.1.4. 
 UK Cash Collateral Account: a demand
deposit, money market or other account established by Agent at Bank of America (London) or such other financial institution as Agent may select in its discretion with the consent of European Loan Party Agent (not to be unreasonably withheld or
delayed), which account shall be for the benefit of the UK Facility Secured Parties and shall be subject to Agent’s or European Security Trustee’s Liens securing the UK Facility Secured Obligations; provided that the foregoing
consent of European Loan Party Agent to the selection by Agent in its discretion of a financial institution other than Bank of America (London) shall not be required if an Event of Default has occurred and is continuing. 

UK DB Pension Plan: an occupational pension scheme which is not a money purchase scheme (each as defined in Section 181 of
the Pension Schemes Act 1993). 
 UK Domiciled Loan Party: any UK Borrower and each UK Subsidiary now or hereafter party
hereto as a Loan Party, and “UK Domiciled Loan Parties” means all such Persons, collectively. 
 UK Dominion
Account: each special account established by the UK Domiciled Loan Parties at Bank of America (London) (or, subject to Section 8.1.4, HSBC) over which Agent or European Security Trustee has exclusive control for withdrawal purposes.

 UK Eligible Accounts: at any time, the Accounts of the Applicable UK Borrower at such date except any Account:

  
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 (a) which is not subject to a valid Lien in favor of the Agent or European
Security Trustee (including under the relevant laws of the Account Debtor’s jurisdiction of organization); 

(b) which is subject to any Lien (including Liens permitted by Section 10.2.2) other than (i) a Lien in favor of
the Agent or European Security Trustee and (ii) a Permitted Lien which does not have priority over the Lien in favor of the Agent; provided that, with respect to any tax Lien having such priority, eligibility of Accounts shall be reduced
by the amount of such tax Lien having such priority; 
 (c) owing by any Account Debtor with respect to which
more than 120 days have elapsed since the date of the original invoice therefor or which is more than 60 days past the due date for payment; 
 (d) which is owing by an Account Debtor for which more than 50% of the Accounts owing from such Account Debtor and its Affiliates are ineligible pursuant to clause (c) above; 

(e) which is owing by any Account Debtor to the extent the aggregate amount of otherwise UK Eligible Accounts owing from
such Account Debtor and its Affiliates to UK Borrowers exceeds 20% of the aggregate UK Eligible Accounts (or such higher percentage as the Agent may establish for the Account Debtor from time to time), in each case, only to the extent of such
excess; 
 (f) with respect to which any covenant, representation, or warranty relating to such Account contained
in this Agreement or a Security Document has been breached or is not true in any material respect; 
 (g) which
(i) does not arise from the sale of goods or performance of services in the Ordinary Course of Business, (ii) is not evidenced by an invoice, or other documentation satisfactory to the Agent, which has been sent to the Account Debtor,
(iii) represents a progress billing, (iv) is contingent upon the Applicable UK Borrower’s completion of any further performance, or (v) represents a sale on a bill-and-hold, guaranteed sale, sale-and-return, sale on approval,
consignment which is billed prior to actual sale to the end user, cash-on-delivery or any other repurchase or return basis, except with respect to up to $15,000,000 of such Accounts in the aggregate for all Borrowing Bases on a combined basis;

 (h) for which the goods giving rise to such Account (other than Accounts described in the foregoing paragraph
(g)(v)) have not been shipped to the Account Debtor or for which the services giving rise to such Account have not been performed by the Applicable UK Borrower; 
 (i) with respect to which any check or other instrument of payment has been returned uncollected for any reason; 

  
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 (j) which is owed by an Account Debtor in respect of which an Insolvency
Proceeding has been commenced or which is otherwise a debtor or a debtor in possession under any bankruptcy law or any other federal, state or foreign (including any province or territory) receivership, insolvency relief or other law or laws for the
relief of debtors unless the payment of Accounts from such Account Debtor is secured by assets of, or guaranteed by, in either case, in a manner reasonably satisfactory to the Agent, a Person that is reasonably acceptable to the Agent or, if the
Account from such Account Debtor arises subsequent to a decree or order for relief with respect to such Account Debtor, the Agent shall have reasonably determined that the timely payment and collection of such Account will not be impaired;

 (k) which is owed by an Account Debtor which has failed, has suspended or ceased doing business, is
liquidating, dissolving or winding up its affairs or is not Solvent; 
 (l) which is owed by an Account Debtor
which is not organized under the applicable law of an Eligible Account Debtor Jurisdiction unless such Account is backed by a letter of credit or other credit support reasonably acceptable to the Agent and which is in the possession of the Agent;

 (m) which is owed in any currency other than an Eligible Account Currency; 

(n) which is owed by any Governmental Authority, unless (i) such Account is backed by a letter of credit reasonably
acceptable to the Agent and which is in the possession of the Agent or (ii) Agent otherwise approves; 
 (o)
which is owed by any Affiliate, employee, director, or officer of any Loan Party; provided that portfolio companies of the Sponsor that do business with the Applicable UK Borrower in the Ordinary Course of Business will not be treated as
Affiliates for purposes of this clause (o); 
 (p) which is owed by an Account Debtor or any Affiliate of such
Account Debtor which is the holder of Indebtedness issued or incurred by any Loan Party; provided, that any such Account shall only be ineligible as to that portion of such Account which is less than or equal to the amount owed by the Loan
Party to such Person; 
 (q) which is subject to any counterclaim, deduction, defense, setoff, right of
compensation or dispute, but only to the extent of the amount of such counterclaim, deduction, defense, setoff, right of compensation or dispute, unless (i) the Agent, in its Permitted Discretion, has established UK Availability Reserves and
determines to include such Account as a UK Eligible Account or (ii) such Account Debtor has entered into an agreement reasonably acceptable to the Agent to waive such rights; 

(r) which is evidenced by any promissory note, Chattel Paper or Instrument (in each case, other than any such items that
are delivered to the Agent or the European Security Trustee); 

  
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 (s) which is owed by an Account Debtor located in any jurisdiction that
requires, as a condition to access to the courts of such jurisdiction, that a creditor qualify to transact business, file a business activities report or other report or form, or take one or more other actions, unless the Applicable UK Borrower has
so qualified, filed such reports or forms, or taken such actions (and, in each case, paid any required fees or other charges), except to the extent the Applicable UK Borrower may qualify subsequently as a foreign entity authorized to transact
business in such jurisdiction and gain access to such courts, without incurring any cost or penalty reasonably viewed by the Agent to be material in amount, and such later qualification cures any access to such courts to enforce payment of such
Account; 
 (t) with respect to which the Applicable UK Borrower has made any agreement with the Account Debtor
for any reduction thereof, but only to the extent of such reduction, other than discounts and adjustments given in the Ordinary Course of Business; or 
 (u) which the Agent determines is ineligible in its Permitted Discretion. 
 Subject to
Sections 14.1 and 7.5 and the definition of UK Borrowing Base, the Agent may modify the foregoing criteria in its Permitted Discretion. 
 UK Eligible Inventory: at any date of determination thereof, the aggregate amount of all Inventory owned by the Applicable UK Borrower at such date except any Inventory: 

(a) which is not subject to a valid Lien in favor of the Agent or European Security Trustee; 

(b) which is subject to any Lien (including Liens permitted by Section 10.2.2) other than (i) a Lien in favor of
the Agent or European Security Trustee and (ii) a Permitted Lien which does not have priority over the Lien in favor of the Agent or European Security Trustee (other than any bailee, warehouseman, landlord or similar non-consensual Liens having
priority by operation of law to the extent either subclause (i) or (ii) of clauses (h) or (i) below of UK Eligible Inventory is satisfied with respect to the relevant Inventory); provided that, with respect to any tax Lien having
such priority, eligibility of Inventory shall be reduced by the amount of such tax Lien having such priority; 

(c) which is, in the Agent’s Permitted Discretion, slow moving, obsolete, unmerchantable, defective, unfit for sale,
not salable at prices approximating at least the cost of such Inventory in the Ordinary Course of Business or unacceptable due to age, type, category and/or quantity; 

(d) with respect to which any covenant, representation or warranty contained in this Agreement or any Security Document
has been breached or is not true in any material respect; 
 (e) which does not conform in all material respects
to all standards imposed by any applicable Governmental Authority (except that any standard that is qualified as to “materiality” shall have been conformed to in all respects); 

  
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 (f) which constitutes packaging and shipping material, manufacturing
supplies, display items, bill-and-hold goods (other than bill-and-hold goods, the sale of which has been excluded from UK Eligible Accounts pursuant to clause (g)(v) of the definition thereof), returned or repossessed goods (other than goods that
are undamaged and able to be resold in the Ordinary Course of Business), defective goods, goods held on consignment, goods to be returned to the Applicable UK Borrower’s suppliers or goods which are not of a type held for sale in the Ordinary
Course of Business; 
 (g) which is not located in the UK or is not at a location listed on
Schedule 8.4.1 (as updated from time to time in accordance with the provisions hereof) other than goods in transit between locations of the UK Domiciled Loan Parties; 

(h) which is located, at any time after the Temporary Eligibility Period, in any location leased by the Applicable UK
Borrower unless (i) the lessor has delivered to the Agent a Collateral Access Agreement or (ii) a UK Rent Reserve has been established by the Agent; 
 (i) which is located, at any time after the Temporary Eligibility Period, in any third party warehouse or is in the possession of a bailee, processor or other Person and is not evidenced by a Document,
unless (i) such warehouseman, bailee, processor or other Person has delivered to the Agent a Collateral Access Agreement and/or such other documentation as the Agent may reasonably require or (ii) appropriate UK Availability Reserves have
been established by the Agent in its Permitted Discretion; 
 (j) which is the subject of a consignment by the
Applicable UK Borrower as consignor unless there is a written agreement acknowledging that such Inventory is held on consignment, that the Applicable UK Borrower retains title to such Inventory, that no Lien arising by, through or under such
consignment has attached or will attach to such Inventory (and proceeds thereof) and requiring consignee to segregate the consigned Inventory from the consignee’s other personal or movable property; 

(k) which is perishable as determined in accordance with GAAP; or 

(l) which contains or bears any intellectual property rights licensed to the Applicable UK Borrower unless the Agent is
satisfied that it may sell or otherwise dispose of such Inventory without (i) infringing the rights of such licensor in any material respect or (ii) incurring any material liability with respect to payment of royalties other than royalties
incurred pursuant to sale of such Inventory under the current licensing agreement. 
 Subject to Sections 14.1 and 7.5 and
the definition of UK Borrowing Base, the Agent may modify the foregoing criteria in its Permitted Discretion. 
 UK Facility
Collateral: Collateral that now or hereafter secures (or is intended to secure) any of the UK Facility Secured Obligations, including Property of the U.S. Domiciled Loan Parties pledged to secure the UK Facility Secured Obligations under their
guarantee of the Secured Obligations. 

  
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 UK Facility Guarantor: each U.S. Borrower, each U.S. Facility Guarantor and each
other Person (if any) who guarantees payment and performance of any UK Facility Secured Obligations. 
 UK Facility Loan
Party: a UK Borrower or a UK Facility Guarantor. 
 UK Facility Obligations: all Obligations of the UK Facility Loan
Parties, including, following the Foreign Cross-Guarantee Date for any UK Facility Loan Party, the other Foreign Facility Obligations that are the subject of such Foreign Cross-Guarantee (but excluding, for the avoidance of doubt, the Obligations of
the U.S. Domiciled Loan Parties as guarantors of any U.S. Facility Obligations). 
 UK Facility Secured Obligations: all
Secured Obligations of the UK Facility Loan Parties, including, following the Foreign Cross-Guarantee Date for any UK Facility Loan Party, the other Foreign Facility Secured Obligations that are the subject of such Foreign Cross-Guarantee (but
excluding, for the avoidance of doubt, the Obligations of the U.S. Domiciled Loan Parties as guarantors of any U.S. Facility Secured Obligations). 
 UK Facility Secured Parties: Agent, European Security Trustee, any UK Fronting Bank, UK Lenders and Secured Bank Product Providers of Bank Products to UK Domiciled Loan Parties, and, following the
Foreign Cross-Guarantee Date for any UK Domiciled Loan Party, the other Secured Parties that are the beneficiaries of such Foreign Cross-Guarantee. 
 UK Fronting Bank: (a) Bank of America (London) or any Affiliate thereof that agrees to issue UK Letters of Credit, (b) if reasonably acceptable to European Loan Party Agent, any other UK
Lender or Affiliate thereof that agrees to issue UK Letters of Credit, or (c) if requested by European Loan Party Agent and subject to Section 2.10, a Non-Lender Fronting Bank that agrees to issue UK Letters of Credit. 

UK Fronting Bank Indemnitees: any UK Fronting Bank and its officers, directors, employees, Affiliates and agents. 

UK LC Application: an application by any UK Borrower on behalf of itself or any other UK Borrower to a UK Fronting Bank for
issuance of a UK Letter of Credit, in form and substance reasonably satisfactory to such UK Fronting Bank. 
 UK LC
Conditions: the following conditions necessary for issuance of a UK Letter of Credit: (a) each of the conditions set forth in Section 6 being satisfied or waived; (b) after giving effect to such issuance, the total Ex-NA LC
Obligations do not exceed the Ex-NA Letter of Credit Sublimit, no UK Overadvance exists or would result therefrom and, in the case of any UK Borrower, Section 2.11 is satisfied; (c) the expiration date of such UK Letter of Credit is
(i) no more than 365 days from issuance (provided that each UK Letter of Credit may, upon the request of the Applicable UK Borrower, include a provision whereby such Letter of Credit shall be renewed automatically for additional
consecutive periods of twelve (12) months or less (but no later than 20 Business Days prior to the Facility Termination Date)), and (ii) unless the applicable UK Fronting Bank and the Agent otherwise consent (subject to the satisfaction of
the Cash Collateral requirements set forth in Section 2.8.3), at least 20 Business Days prior to the Facility Termination Date; (d) the UK Letter of Credit and payments thereunder are denominated in Sterling, Dollars or Euros; (e) the
form of the proposed UK Letter of Credit is reasonably satisfactory to the Agent and the applicable UK Fronting Bank; and (f) the proposed use of the UK Letter of Credit is for a lawful purpose. 

  
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 UK LC Documents: all documents, instruments and agreements (including UK LC Requests
and UK LC Applications) delivered by any UK Borrower or by any other Person to a UK Fronting Bank or the Agent in connection with issuance, amendment or renewal of, or payment under, any UK Letter of Credit. 

UK LC Obligations: with respect to the Applicable UK Borrower, the Dollar Equivalent of the sum (without duplication) of
(a) all amounts owing by such Applicable UK Borrower for any drawings under UK Letters of Credit; (b) the stated amount of all outstanding UK Letters of Credit issued for the account of such Applicable UK Borrower; and (c) all fees
and other amounts owing with respect to such UK Letters of Credit. 
 UK LC Request: a request for issuance of a UK
Letter of Credit, to be provided by a UK Borrower to a UK Fronting Bank, in form reasonably satisfactory to Agent and such UK Fronting Bank. 
 UK LC Reserve: with respect to the Applicable UK Borrower, the aggregate of all UK LC Obligations of such Applicable UK Borrower, other than (a) those that have been Cash Collateralized and
(b) if no Event of Default exists, those constituting charges owing to any UK Fronting Bank. 
 UK Lenders: Bank of
America (London) and each other Lender that has issued a UK Revolver Commitment (provided that such Person or an Affiliate of such Person also has a U.S. Revolver Commitment). 

UK Letter of Credit: any standby or documentary letter of credit issued by a UK Fronting Bank for the account of a UK Borrower, or
any indemnity, guarantee, exposure transmittal memorandum or similar form of credit support issued by Agent or a UK Fronting Bank for the benefit of a UK Borrower. 
 UK Overadvance: as defined in Section 2.1.5. 
 UK Overadvance
Loan: a Loan made to a UK Borrower when a UK Overadvance exists or is caused by the funding thereof. 
 UK Overadvance
Loan Balance: on any date, the Dollar Equivalent of the amount by which the aggregate UK Revolver Loans of the Applicable UK Borrower or all UK Borrowers, as the case may be, exceed the amount of the UK Borrowing Base of such Applicable UK
Borrower or the Total UK Borrowing Base, as applicable, on such date. 
 UK Priority Payables Reserve: on any date of
determination, a reserve in such amount as Agent may determine in its Permitted Discretion (but not exceeding any statutory limit on any such amounts) which reflects the full amount of any liabilities or amounts which (by virtue of any Liens, choate
or inchoate, or any statutory provision) rank or are capable of ranking in priority to the Agent’s and/or the Secured Parties’ Liens and/or for amounts which may represent 

  
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costs relating to the enforcement of the Agent’s Liens including, without limitation, but only to the extent prescribed pursuant to English law and statute then in force, (i) amounts
due to employees in respect of unpaid wages and holiday pay, (ii) the “prescribed part” of floating charge realisations held for unsecured creditors, (iii) the expenses and liabilities incurred by any administrator (or other
insolvency officer) and any remuneration of such administrator (or other insolvency officer), and (iv) the amount of any unpaid contributions to occupational pension schemes and state scheme premiums. 

UK Protective Advances: as defined in Section 2.1.6(g). 

UK Reimbursement Date: as defined in Section 2.8.2(a). 

UK Rent Reserve: the aggregate of (a) all (i) past due rent and other past due charges owing by any UK Borrower, and
(ii) if required by the Agent (in its Permitted Discretion) the amount of rent next falling due from any UK Borrower, in each case, to any landlord or other Person who possesses any UK Facility Collateral or could assert a Lien on such UK
Facility Collateral; plus (b) a reserve in an amount not to exceed rent and other charges that could be payable to any such Person for the time period used to determine the Net Orderly Liquidation Value of UK Facility Collateral.

 UK Revolver Commitment: for any UK Lender, its obligation to make UK Revolver Loans and to issue UK Letters of Credit,
in the case of any UK Fronting Bank, or participate in UK LC Obligations, in the case of the other UK Lenders, to the UK Borrowers up to the maximum principal amount shown on Schedule 2.1.1(e), or as hereafter determined pursuant to each
Assignment and Acceptance to which it is a party, as such UK Revolver Commitment may be adjusted from time to time in accordance with the provisions of Sections 2.1.4, 2.1.7 or 11.1. “UK Revolver Commitments” means the
aggregate amount of such commitments of all UK Lenders. 
 UK Revolver Commitment Increase: as defined in
Section 2.1.7(g). 
 UK Revolver Commitment Termination Date: the earliest of (a) the U.S. Revolver Commitment
Termination Date (without regard to the reason therefor), (b) the date on which the European Loan Party Agent terminates or reduces to zero all of the UK Revolver Commitments pursuant to Section 2.1.4, and (c) the date on which the UK
Revolver Commitments are terminated pursuant to Section 11.1. From and after the UK Revolver Commitment Termination Date, the UK Borrowers shall no longer be entitled to request a UK Revolver Commitment Increase pursuant to Section 2.1.7
hereof. 
 UK Revolver Exposure: on any date, the Dollar Equivalent of an amount equal to the sum of (a) the UK
Revolver Loans outstanding on such date and (b) the UK LC Obligations on such date. 
 UK Revolver Loan: a Revolver
Loan made by UK Lenders to a UK Borrower pursuant to Section 2.1.1(g), which Revolver Loan shall be denominated in Sterling, Dollars or Euros (or such other currencies as may be provided under the UK Alternate Swingline Loans) and either a
LIBOR Loan or a UK Base Rate Loan, in each case as selected by Applicable UK Borrower, and including any UK Alternate Swingline Loan, UK Swingline Loan, UK Overadvance Loan or UK Protective Advance. 

  
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 UK Revolver Notes: the promissory notes, if any, executed by UK Borrowers in favor
of each UK Lender to evidence the UK Revolver Loans funded from time to time by such UK Lender, which shall be in the form of Exhibit C-7 to this Agreement, together with any replacement or successor notes therefor. 

UK Security Agreements: each debenture or other security agreement among any UK Domiciled Loan Party and Agent or European
Security Trustee. 
 UK Subsidiary: each Wholly-Owned Subsidiary of MRC incorporated or organized under the laws of any
legal jurisdiction of the United Kingdom. 
 UK Swingline Commitment: $6,000,000. 

UK Swingline Commitment Termination Date: with respect to any UK Swingline Loan or UK Alternate Swingline Loan, the date that is
five Business Days prior to the UK Revolver Commitment Termination Date. 
 UK Swingline Lender: Bank of America (London)
or an Affiliate of Bank of America (London). 
 UK Swingline Loan: a Swingline Loan made by the UK Swingline Lender to a
UK Borrower pursuant to Section 2.1.8(h), which Swingline Loan shall be a UK Base Rate Loan. 
 Unfunded Current
Liability: of any (i) U.S. Employee Plan shall mean the amount, if any, by which the present value of the accrued benefits under the U.S. Employee Plan as of the close of its most recent plan year, determined in accordance with Statement of
Financial Accounting Standards No. 87 as in effect on the date hereof, based upon the actuarial assumptions that would be used by the U.S. Employee Plan’s actuary in a termination of the U.S. Employee Plan, exceeds the fair market value of
the assets allocable thereto, and (ii) Canadian Pension Plan shall mean the excess of the present value of the benefit liabilities determined on a plan termination basis in accordance with actuarial assumptions over the current value of the
assets, and in any event includes any unfunded liability, solvency liability or wind up deficiency in respect of any Canadian Pension Plan. 
 Unrestricted Subsidiary: (a) any Subsidiary of any Borrower that is formed or acquired after the Closing Date, provided that at such time (or promptly thereafter) such Borrower
designates such Subsidiary an Unrestricted Subsidiary in a written notice to the Agent, (b) any Restricted Subsidiary subsequently re-designated as an Unrestricted Subsidiary by the applicable Borrower in a written notice to the Agent,
provided that in the case of (a) and (b), (x) such designation or re-designation shall be deemed to be an Investment on the date of such designation or re-designation in an Unrestricted Subsidiary in an amount equal to the sum of
(i) such Borrower’s direct or indirect equity ownership percentage of the net worth of such designation or re-designated Restricted Subsidiary immediately prior to such designation or re-designation (such net worth to be calculated without
regard to any guarantee provided by such designated or re-designated Restricted Subsidiary) and (ii) the aggregate principal amount of any 

  
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Indebtedness owed by such designated or re-designated Restricted Subsidiary to such Borrower or any other Restricted Subsidiary immediately prior to such designated or re-designation, all
calculated, except as set forth in the parenthetical to clause (i), on a consolidated basis in accordance with GAAP and (y) no Default or Event of Default would result from such designation or re-designation and (c) each Subsidiary of an
Unrestricted Subsidiary; provided, however, that at the time of any written designation or re-designation by the applicable Borrower to the Agent that any Unrestricted Subsidiary shall no longer constitute an Unrestricted Subsidiary,
such Unrestricted Subsidiary shall cease to be an Unrestricted Subsidiary to the extent no Default or Event of Default would result from such designation or re-designation. On or promptly after the date of its formation, acquisition, designation or
re-designation, as applicable, each Unrestricted Subsidiary (other than an Unrestricted Subsidiary that is (x) a Foreign Subsidiary, (y) any direct or indirect Domestic Subsidiary of a non-U.S. Subsidiary (that is a “controlled
foreign corporation” within the meaning of Section 957 of the Code) or (z) any U.S. Subsidiary, substantially all of the direct or indirect assets of which are Stock of one or more “controlled foreign corporations” within
the meaning of Section 957 of the Code) shall have entered into a tax sharing agreement containing terms that, in the reasonable judgment of the Agent, provide for an appropriate allocation of tax liabilities and benefits. An Unrestricted
Subsidiary which has been re-designated as a Restricted Subsidiary may not be subsequently re-designated as an Unrestricted Subsidiary. 
 U.S.: the United States of America. 
 U.S. Assignment of Claims Act:
Assignment of Claims Act of 1940, 31 U.S.C. § 3727, 41 U.S.C. § 15, as amended. 
 U.S. Availability: as of any
date of determination, (a) the lesser of (i) the U.S. Revolver Commitments minus the sum of (1) all U.S. LC Obligations and (2) the Foreign Allocated U.S. Availability Reserve as of such date of determination and
(ii) the U.S. Borrowing Base as of such date of determination, minus (b) the principal balance of all U.S. Revolver Loans. 
 U.S. Availability Reserves: the sum (without duplication) of (a) the aggregate amount of the U.S. Rent Reserve, if any, established pursuant to clause (h) of the definition of U.S.
Eligible Inventory; (b) the Foreign Allocated U.S. Availability Reserve, (c) the U.S. LC Reserve, (d) the U.S. Bank Product Reserve; (e) the Australian Overadvance Loan Balance, the Belgian Overadvance Loan Balance, the Canadian
Overadvance Loan Balance, the Dutch Overadvance Loan Balance, the New Zealand Overadvance Loan Balance, the Singapore Overadvance Loan Balance and the UK Overadvance Loan Balance, if any, outstanding on such date; and (f) such additional
reserves, in such amounts and with respect to such matters, as Agent may establish in its Permitted Discretion. 
 U.S. Bank
Product Reserve: the aggregate amount of reserves, as established by the Agent from time to time in its Permitted Discretion and in consultation with the North American Loan Party Agent, to reflect the reasonably anticipated liabilities in
respect of the then outstanding Secured Bank Product Obligations of the U.S. Facility Loan Parties and their Domestic Restricted Subsidiaries. 
 U.S. Bankruptcy Code: Title 11 of the United States Code. 

  
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 U.S. Base Rate: for any day, a per annum rate equal to the greater of (a) the
U.S. Prime Rate for such day; (b) the Federal Funds Rate for such day, plus 0.50%; or (c) LIBOR for a 30 day interest period as determined on such day, plus 1.0%. 

U.S. Base Rate Loan: any Loan that bears interest based on the U.S. Base Rate. 

U.S. Borrowers: (a) the Initial U.S. Borrowers and (b) each other U.S. Subsidiary that, after the date hereof, has
executed a supplement or joinder to this Agreement in accordance with Section 10.1.13 specifying that it wishes to be a U.S. Borrower. 
 U.S. Borrowing Base: at any time, an amount equal to the sum (expressed in Dollars) of, without duplication: 
 (a) the book value of U.S. Eligible Accounts multiplied by the advance rate of 85%, plus 
 (b) the lesser of (i) 70% of the net book value of U.S. Eligible Inventory (adding back the LIFO reserve calculated in accordance with GAAP) and (ii) 85% of the Net Orderly Liquidation Value of
U.S. Eligible Inventory (which shall be (A) net of the current monthly shrinkage reserve calculated in accordance with GAAP and (B) valued at Cost), minus 

(c) subject to Section 7.5, effective (i) immediately upon or (ii) five (5) Business Days after, in
the case of U.S. Availability Reserves which would cause the aggregate amount of the U.S. Revolver Loans at such time to exceed the lesser of the U.S. Revolver Commitments and the U.S. Borrowing Base then in effect, in each case, notification
thereof to the North American Loan Party Agent by the Agent, any and all U.S. Availability Reserves (provided, that the Foreign Allocated U.S. Availability Reserve and changes thereto will be effective immediately without notice to U.S. Borrowers).

 The U.S. Borrowing Base at any time shall be determined by reference to the most recent Borrowing Base Certificate theretofore delivered to
the Agent with such adjustments as the Agent deems appropriate in its Permitted Discretion to assure that the U.S. Borrowing Base is calculated in accordance with the terms of this Agreement. 

U.S. Cash Collateral Account: a demand deposit, money market or other account established by Agent at Bank of America or such
other financial institution as Agent may select in its discretion with the consent of North American Loan Party Agent (not to be unreasonably withheld or delayed), which account shall be for the benefit of the U.S. Facility Secured Parties and shall
be subject to Agent’s Liens securing the Secured Obligations; provided that the foregoing consent of North American Loan Party Agent to the selection by Agent in its discretion of a financial institution other than Bank of America shall
not be required if an Event of Default has occurred and is continuing. 
 U.S. Domiciled Loan Party: any U.S. Borrower
and each U.S. Facility Guarantor, and “U.S. Domiciled Loan Parties” means all such Persons, collectively. 

  
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 U.S. Dominion Account: each special account established by the U.S. Facility Loan
Parties at Bank of America or another bank acceptable to Agent, over which Agent has exclusive control for withdrawal purposes. 

U.S. Eligible Accounts: at any time, the Accounts of the U.S. Borrowers at such date except any Account: 

(a) which is not subject to a duly perfected security interest in favor of the Agent; 

(b) which is subject to any Lien (including Liens permitted by Section 10.2.2) other than (i) a Lien in favor of
the Agent and (ii) a Permitted Lien which does not have priority over the Lien in favor of the Agent; provided that, with respect to any tax Lien having such priority, eligibility of Accounts shall be reduced by the amount of such tax
Lien having such priority; 
 (c) (i) owing by General Electric Company with respect to which more than 150 days
have elapsed since the date of the original invoice therefor (provided, that the aggregate amount of all Accounts eligible under this clause (i) does not exceed $3,000,000 at any time) or (ii) owing by any other Account Debtor with
respect to which more than 120 days have elapsed since the date of the original invoice therefor or which is more than 60 days past the due date for payment; 
 (d) which is owing by an Account Debtor for which more than 50% of the Accounts owing from such Account Debtor and its Affiliates are ineligible pursuant to clause (c) above; 

(e) which is owing by an Account Debtor to the extent the aggregate amount of otherwise U.S. Eligible Accounts owing from
such Account Debtor and its Affiliates to U.S. Borrowers exceeds 20% of the aggregate U.S. Eligible Accounts (or such higher percentage as the Agent may establish for the Account Debtor from time to time), in each case, only to the extent of such
excess; 
 (f) with respect to which any covenant, representation, or warranty relating to such Account contained
in this Agreement has been breached or is not true in any material respect; 
 (g) which (i) does not arise
from the sale of goods or performance of services in the Ordinary Course of Business, (ii) is not evidenced by an invoice, or other documentation satisfactory to the Agent, which has been sent to the Account Debtor, (iii) represents a
progress billing, (iv) is contingent upon such U.S. Borrower’s completion of any further performance, or (v) represents a sale on a bill-and-hold, guaranteed sale, sale-and-return, sale on approval, consignment which is billed prior
to actual sale to the end user, cash-on-delivery or any other repurchase or return basis, except with respect to up to $15,000,000 of such Accounts in the aggregate for all Borrowing Bases on a combined basis; 

  
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 (h) for which the goods giving rise to such Account (other than Accounts
described in the foregoing paragraph (g)(v)) have not been shipped to the Account Debtor or for which the services giving rise to such Account have not been performed by such U.S. Borrower; 

(i) with respect to which any check or other instrument of payment has been returned uncollected for any reason;

 (j) which is owed by an Account Debtor in respect of which an Insolvency Proceeding has been commenced or
which is otherwise a debtor or a debtor in possession under any bankruptcy law or any other federal, state or foreign (including any province or territory) receivership, insolvency relief or other law or laws for the relief of debtors, including the
U.S. Bankruptcy Code, unless the payment of Accounts from such Account Debtor is secured by assets of, or guaranteed by, in either case in a manner reasonably satisfactory to the Agent, a Person that is reasonably acceptable to the Agent or, if the
Account from such Account Debtor arises subsequent to a decree or order for relief with respect to such Account Debtor under the federal bankruptcy laws, as now or hereafter in effect, the Agent shall have reasonably determined that the timely
payment and collection of such Account will not be impaired; 
 (k) which is owed by an Account Debtor which has
failed, has suspended or ceased doing business, is liquidating, dissolving or winding up its affairs or is not Solvent; 
 (l) which is owed by an Account Debtor which is not organized under the applicable law of the U.S. or Canada, any state of the U.S. or any province or territory of Canada and does not have its principal
place of business in the U.S. or Canada unless such Account is backed by a letter of credit or other credit support reasonably acceptable to the Agent and which is in the possession of the Agent; 

(m) which is owed in any currency other than Dollars or Canadian Dollars; 

(n) which is owed by any Governmental Authority, unless (i) the Account Debtor is the United States or any
department, agency or instrumentality thereof, and the Account has been assigned to the Agent in compliance with the U.S. Assignment of Claims Act, and any other steps necessary to perfect the Lien of the Agent in such Account have been complied
with to the Agent’s reasonable satisfaction, (ii) the Account Debtor is the government of Canada or a province or territory thereof, and the Account has been assigned to the Agent in compliance with the Financial Administration Act (or
similar Applicable Law of such province or territory), and any other steps necessary to perfect the Lien of the Agent in such Account have been complied with to the Agent’s reasonable satisfaction, or (iii) such Account is backed by a
letter of credit reasonably acceptable to the Agent and which is in the possession of the Agent; 
 (o) which is
owed by any Affiliate, employee, director, or officer of any Loan Party; provided that portfolio companies of the Sponsor that do business with a U.S. Borrower in the Ordinary Course of Business will not be treated as Affiliates for purposes
of this clause (o); 

  
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 (p) which is owed by an Account Debtor or any Affiliate of such Account
Debtor which is the holder of Indebtedness issued or incurred by any Loan Party; provided, that any such Account shall only be ineligible as to that portion of such Account which is less than or equal to the amount owed by the Loan Party to
such Person; 
 (q) which is subject to any counterclaim, deduction, defense, setoff or dispute, but only to the
extent of the amount of such counterclaim, deduction, defense, setoff or dispute, unless (i) the Agent, in its Permitted Discretion, has established appropriate U.S. Availability Reserves and determines to include such Account as a U.S.
Eligible Account or (ii) such Account Debtor has entered into an agreement reasonably acceptable to the Agent to waive such rights; 
 (r) which is evidenced by any promissory note, Chattel Paper, or instrument (in each case, other than any such items that are delivered to the Agent); 

(s) which is owed by an Account Debtor located in any jurisdiction that requires, as a condition to access to the courts
of such jurisdiction, that a creditor qualify to transact business, file a business activities report or other report or form, or take one or more other actions, unless such U.S. Borrower has so qualified, filed such reports or forms, or taken such
actions (and, in each case, paid any required fees or other charges), except to the extent such U.S. Borrower may qualify subsequently as a foreign entity authorized to transact business in such state or jurisdiction and gain access to such courts,
without incurring any cost or penalty reasonably viewed by the Agent to be material in amount, and such later qualification cures any access to such courts to enforce payment of such Account; 

(t) with respect to which such U.S. Borrower has made any agreement with the Account Debtor for any reduction thereof, but
only to the extent of such reduction, other than discounts and adjustments given in the Ordinary Course of Business; or 
 (u) which the Agent determines is ineligible in its Permitted Discretion. 
 Subject to
Sections 14.1 and 7.5 and the definition of U.S. Borrowing Base, the Agent may modify the foregoing criteria in its Permitted Discretion. 
 U.S. Eligible Inventory: at any date of determination thereof, the aggregate amount of all Inventory owned by U.S. Borrowers at such date except any Inventory: 

(a) which is not subject to a duly perfected Lien in favor of the Agent; 

(b) which is subject to any Lien (including Liens permitted by Section 10.2.2) other than (i) a Lien in favor of
the Agent and (ii) a Permitted Lien which does not have priority over the Lien in favor of the Agent (other than any bailee, warehouseman, landlord or similar non-consensual Liens having priority of operation of law to the extent

  
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either subclause (i) or (ii) of clauses (h) or (i) below of U.S. Eligible Inventory is satisfied with respect to the relevant Inventory); provided that, with respect to
any tax Lien having such priority, eligibility of Inventory shall be reduced by the amount of such tax Lien having such priority; 
 (c) which is, in the Agent’s Permitted Discretion, slow moving, obsolete, unmerchantable, defective, unfit for sale, not salable at prices approximating at least the cost of such Inventory in the
Ordinary Course of Business unacceptable due to age, type, category and/or quantity; 
 (d) with respect to which
any covenant, representation or warranty contained in this Agreement has been breached or is not true in any material respect; 
 (e) which does not conform in all material respects to all standards imposed by any applicable Governmental Authority (except that any standard that is qualified as to “materiality” shall have
been conformed to in all respects); 
 (f) which constitutes packaging and shipping material, manufacturing
supplies, display items, bill-and-hold goods (other than bill-and-hold goods, the sale of which been excluded from U.S. Eligible Accounts, pursuant to clause (g)(v) of the definition thereof), returned or repossessed goods (other than goods that are
undamaged and able to be resold in the Ordinary Course of Business), defective goods, goods held on consignment, goods to be returned to the such U.S. Borrower’s suppliers or goods which are not of a type held for sale in the Ordinary Course of
Business; 
 (g) which is not located in the United States or Canada or is not at a location listed on
Schedule 8.4.1 (as updated from time to time in accordance with the provisions hereof) other than goods in transit between locations of the U.S. Domiciled Loan Parties; 

(h) which is located in any location leased by such U.S. Borrower unless (i) the lessor has delivered to the Agent a
Collateral Access Agreement or (ii) a U.S. Rent Reserve has been established by the Agent; 
 (i) which is
located in any third party warehouse or is in the possession of a bailee, processor or other Person and is not evidenced by a Document, unless (i) such warehouseman, bailee, processor or other Person has delivered to the Agent a Collateral
Access Agreement and/or such other documentation as the Agent may reasonably require or (ii) appropriate U.S. Availability Reserves have been established by the Agent in its Permitted Discretion; 

(j) which is the subject of a consignment by such U.S. Borrower as consignor unless (i) a protective UCC-1 financing
statement has been properly filed against the consignee (as assigned to the Agent), and (ii) there is a written agreement acknowledging that such Inventory is held on consignment, that such U.S. Borrower retains title to such Inventory, that no
Lien arising by, through or under such consignee has attached or will attach to such Inventory and requiring consignee to segregate the consigned Inventory from the consignee’s other personal or movable property and having other terms
consistent with such U.S. Borrower’s past practices for consigned Inventory; 

  
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 (k) which is perishable as determined in accordance with GAAP; or

 (l) which contains or bears any intellectual property rights licensed to such U.S. Borrower unless the Agent
is satisfied that it may sell or otherwise dispose of such Inventory without (i) infringing the rights of such licensor in any material respect or (ii) incurring any material liability with respect to payment of royalties other than
royalties incurred pursuant to sale of such Inventory under the current licensing agreement. 
 Subject to Sections 14.1 and 7.5 and the
definition of U.S. Borrowing Base, the Agent may modify the foregoing criteria in its Permitted Discretion. 
 U.S. Employee
Plan: any “employee benefit plan” (as defined in Section 3(3) of ERISA), and any payroll practice and other employee benefit plan, policy, program, agreement or arrangement, including retirement, pension, profit sharing,
employment, individual consulting or other compensation agreement, collective bargaining agreement, bonus or other incentive compensation, retention, stock purchase, equity or equity-based compensation, deferred compensation, change in control,
severance, sick leave, vacation, loans, salary continuation, hospitalization, health, life insurance, educational assistance, or other fringe benefit or perquisite plan, policy, agreement which is or was sponsored, maintained or contributed to by,
or required to be contributed to by, any U.S. Domiciled Loan Party or any of their ERISA Affiliates domiciled in the U.S. or with respect to which any U.S. Domiciled Loan Party or any of their ERISA Affiliates domiciled in the U.S. has or could have
any obligation or liability, contingent or otherwise, but excluding, for greater clarity, and Foreign Plan or arrangement subject to the laws of a non-U.S. jurisdiction. 
 U.S. Facility Collateral: Collateral that now or hereafter secures (or is intended to secure) any of the U.S. Facility Secured Obligations. 

U.S. Facility Guarantor: each U.S. Borrower and each U.S. Subsidiary that, after the date hereof, has executed a supplement
or joinder to this Agreement in accordance with Section 10.1.13 specifying that it wishes to be a U.S. Facility Guarantor.  
 U.S. Facility Loan Party: a U.S. Borrower or a U.S. Facility Guarantor. 

U.S. Facility Obligations: all Obligations of the U.S. Facility Loan Parties (including, for the avoidance of doubt, the
Obligations of the U.S. Domiciled Loan Parties as guarantors of the Foreign Facility Obligations). 
 U.S. Facility Secured
Obligations: all Secured Obligations of the U.S. Facility Loan Parties (including, for the avoidance of doubt, the Secured Obligations of the U.S. Domiciled Loan Parties as guarantors of the Foreign Facility Secured Obligations). 

U.S. Facility Secured Parties: the Agent, any U.S. Fronting Bank, U.S. Lenders and Secured Bank Product Providers of Bank Products
to U.S. Domiciled Loan Parties. 
 U.S. Fronting Bank: Bank of America or any Affiliate thereof that agrees to issue U.S.
Letters of Credit or, if reasonably acceptable to North American Loan Party Agent, any other U.S. Lender or Affiliate thereof that agrees to issue U.S. Letters of Credit. 

  
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 U.S. Fronting Bank Indemnitees: any U.S. Fronting Bank and its officers, directors,
employees, Affiliates and agents. 
 U.S. LC Application: an application by North American Loan Party Agent on behalf of
a U.S. Borrower or any Restricted Subsidiary to a U.S. Fronting Bank for issuance of a U.S. Letter of Credit, in form and substance reasonably satisfactory to such U.S. Fronting Bank. 

U.S. LC Conditions: the following conditions necessary for issuance of a U.S. Letter of Credit: (a) each of the conditions
set forth in Section 6 being satisfied or waived; (b) after giving effect to such issuance, total U.S. LC Obligations do not exceed the U.S. Letter of Credit Sublimit and no U.S. Overadvance exists or would result therefrom; (c) the
expiration date of such U.S. Letter of Credit is (i) no more than 365 days from issuance (provided that each U.S. Letter of Credit may, upon request of the applicable U.S. Borrower, include a provision whereby such Letter of Credit shall
be renewed automatically for additional consecutive periods of twelve (12) months or less (but no later than 20 Business Days prior to the Facility Terminations Date), and (ii) unless the applicable U.S. Fronting Bank and Agent otherwise
consent (subject to the satisfaction of the Cash Collateral requirements set forth in Section 2.9.3), at least 20 Business Days prior to the Facility Termination Date; (d) the U.S. Letter of Credit and payments thereunder are denominated
in Dollars or such other currency as may be agreed to by the applicable U.S. Fronting Bank; (e) the form of the proposed U.S. Letter of Credit is reasonably satisfactory to Agent and the applicable U.S. Fronting Bank; and (f) the proposed
use of the U.S. Letter of Credit is for a lawful purpose. 
 U.S. LC Documents: all documents, instruments and agreements
(including U.S. LC Requests and U.S. LC Applications) delivered by North American Loan Party Agent on behalf a U.S. Borrower or by any other Person to a U.S. Fronting Bank or Agent in connection with issuance, amendment or renewal of, or payment
under, any U.S. Letter of Credit. 
 U.S. LC Obligations: the Dollar Equivalent of the sum (without duplication) of
(a) all amounts owing for any drawings under U.S. Letters of Credit; (b) the stated amount of all outstanding U.S. Letters of Credit; and (c) all fees and other amounts owing with respect to U.S. Letters of Credit. 

U.S. LC Request: a request for issuance of a U.S. Letter of Credit, to be provided by North American Loan Party Agent on behalf of
a U.S. Borrower to a U.S. Fronting Bank, in form reasonably satisfactory to Agent and such U.S. Fronting Bank. 
 U.S. LC
Reserve: the aggregate of all U.S. LC Obligations, other than (a) those that have been Cash Collateralized; and (b) if no Event of Default exists, those constituting charges owing to any U.S. Fronting Bank. 

U.S. Lenders: Bank of America and each other Lender that has provided a U.S. Revolver Commitment. 

U.S. Letter of Credit: any standby or documentary letter of credit issued by a U.S. Fronting Bank for the account of a U.S.
Borrower or any Restricted Subsidiary, including any Existing U.S. Letter of Credit. 

  
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 U.S. Letter of Credit Sublimit: $80,000,000. 

U.S. Overadvance: as defined in Section 2.1.5(h). 
 U.S. Overadvance Loan: a U.S. Base Rate Loan made to a U.S. Borrower when a U.S. Overadvance exists or is caused by the funding thereof. 

U.S. Person: any Person that is a “United States Person” as defined in Section 7701(a)(30) of the Code. 

U.S. Prime Rate: the rate of interest announced by Bank of America from time to time as its prime rate. Such rate is set by Bank
of America on the basis of various factors, including its costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans, which may be priced at, above or below such rate. Any change
in such rate announced by Bank of America shall take effect at the opening of business on the day specified in the public announcement of such change. 
 U.S. Protective Advances: as defined in Section 2.1.6(h). 
 U.S.
Reimbursement Date: as defined in Section 2.9.2(a). 
 U.S. Rent Reserve: the aggregate of (a) all past due
rent and other past due charges owing by any U.S. Borrower to any landlord or other Person who possesses any U.S. Facility Collateral or could assert a Lien on any U.S. Facility Collateral; plus (b) a reserve in an amount not to exceed rent and
other charges that could be payable to any such Person for the time period used to determine the Net Orderly Liquidation Value of U.S. Facility Collateral. 
 U.S. Revolver Commitment Increase: as defined in Section 2.1.7(h). 

U.S. Revolver Commitment: for any U.S. Lender, its obligation to make U.S. Revolver Loans and to issue U.S. Letters of Credit, in
the case of any U.S. Fronting Bank, or participate in U.S. LC Obligations, in the case of the other U.S. Lenders, to the U.S. Borrowers up to the maximum principal amount, in each case, shown on Schedule 2.1.1(f), or as hereafter
determined pursuant to each Assignment and Acceptance to which it is a party, as such U.S. Revolver Commitment may be adjusted from time to time in accordance with the provisions of Section 2.1.4, 2.1.7 or 11.1. “U.S. Revolver
Commitments” means the aggregate amount of such commitments of all U.S. Lenders. 
 U.S. Revolver Commitment
Termination Date: the earliest of (a) the Facility Termination Date, (b) the date on which the North American Loan Party Agent terminates or reduces to zero the U.S. Revolver Commitments pursuant to Section 2.1.4, and (c) the
date on which the U.S. Revolver Commitments are terminated pursuant to Section 11.1. 
 U.S. Revolver Exposure: on
any date, an amount equal to the sum of the (a) U.S. Revolver Loans outstanding on such date and (b) U.S. LC Obligations on such date. 
 U.S. Revolver Loan: a Revolver Loan made by a U.S. Lender to a U.S. Borrower pursuant to Section 2.1.1(h), which Loan shall be denominated in Dollars and shall be either a U.S. Base Rate Loan
or a LIBOR Loan, in each case as selected by North American Loan Party Agent, and including any U.S. Swingline Loan, U.S. Overadvance Loan or U.S. Protective Advance. 

  
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 U.S. Revolver Notes: the promissory notes, if any, executed by U.S. Borrowers in
favor of each U.S. Lender to evidence the U.S. Revolver Loans funded from time to time by such U.S. Lender, which shall be in the form of Exhibit C-8 to this Agreement, together with any replacement or successor notes therefor.

 U.S. Subsidiary: a Wholly-Owned Subsidiary of any U.S. Borrower that is organized under the laws of the United States,
any state of the United States or the District of Columbia. 
 U.S. Swingline Commitment: $75,000,000. 

U.S. Swingline Commitment Termination Date: with respect to any U.S. Swingline Loan, the date that is five Business Days prior to
the U.S. Revolver Commitment Termination Date. 
 U.S. Swingline Lender: Bank of America or an Affiliate of Bank of
America. 
 U.S. Swingline Loan: a Swingline Loan made by the U.S. Swingline Lender to a U.S. Borrower pursuant to
Section 2.1.8(i), which Swingline Loan shall be denominated in Dollars and shall be a U.S. Base Rate Loan. 
 VAT:

 (a) any tax imposed in compliance with the Council Directive of 28 November 2006 or the common system of
value added tax (EC Directive 2006/112); and 
 (b) any other tax of a similar nature, that is either
(i) imposed in a member state of the European Union in substitution for, or levied in addition to, such tax referred to in paragraph (a) above, or (ii) imposed elsewhere. 

Voting Stock: with respect to any Person, any class or classes of equity interests pursuant to which the holders thereof have the
general voting power under ordinary circumstances to elect at least a majority of the board of directors of such Person. 

Wholly-Owned: with respect to any Person at any time, any Subsidiary, 100% of whose Stock (other than, in the case of any Foreign
Subsidiary, nominal directors’ qualifying shares) are at such time owned, directly or indirectly, by such Person. 

Yen: the lawful currency of Japan. 
 1.2 Accounting Terms. Under the Loan Documents (except as otherwise specified herein), all accounting terms shall be interpreted, all accounting determinations shall be made, and all
financial statements shall be prepared, in accordance with GAAP applied on a basis consistent with the most recent audited financial statements of the Loan Parties delivered to Agent before the Closing Date; provided, that the consolidating
statements of Foreign 

  
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Subsidiaries delivered pursuant to Section 10.1.1(a) may be based on IFRS. In the event that any “Accounting Changes” (as defined below) shall occur and such change results in a
change in the method of calculation of financial covenants, standards or terms in this Agreement, then at the North American Loan Party Agent’s request, Agent and the Lenders shall enter into negotiations with such Loan Party Agent in order to
amend such provisions of this Agreement so as to reflect equitably such Accounting Changes with the desired result that the criteria for evaluating the financial condition of the Loan Parties shall be the same after such Accounting Changes as if
such Accounting Changes had not been made. Until such time as such an amendment shall have been executed and delivered by the Loan Parties, the Agent and the Required Lenders, all financial covenants, standards and terms in this Agreement shall
continue to be calculated or construed as if such Accounting Changes had not occurred. “Accounting Changes” refers to changes in accounting principles (i) required by the promulgation of any rule, regulation, pronouncement or
opinion by the Financial Accounting Standards Board or the American Institute of Certified Public Accountants or, if applicable, the SEC or (ii) otherwise proposed by the North American Loan Party Agent to, and approved by, Agent. 

1.3 Uniform Commercial Code/PPSA. As used herein, the following terms are defined in accordance with the UCC
in effect in the State of New York from time to time: “Chattel Paper”, “Commercial Tort Claim”, “Equipment”, “Instrument”, “Investment Property” and: (a) as such terms relate to any such
Property of any Canadian Domiciled Loan Party, such terms shall refer to such Property as defined in the PPSA to the extent applicable; (b) as such terms relate to any such Property of any Australian Domiciled Loan Party, “Chattel
Paper,” shall refer to chattel paper as that term is defined in the PPSA Australia, “Equipment” shall refer to goods (other than goods that are consumer property or inventory) as those terms are defined in the PPSA Australia,
“Instrument” shall refer to negotiable instrument as that term is defined in the PPSA Australia and “Investment Property” shall refer to investment instrument and intermediated security as those terms are defined in the PPSA
Australia to the extent applicable; and (c) as such terms relate to any such Property of a New Zealand Domiciled Loan Party, “Chattel Paper” shall refer to chattel paper as that term is defined in the PPSA New Zealand,
“Equipment” shall refer to equipment as that term is defined in the PPSA New Zealand, “Instrument” shall refer to negotiable instrument as that term is defined in the PPSA New Zealand and “Investment Property” shall
refer to investment security as that term is defined in the PPSA New Zealand, to the extent applicable. In addition, other terms relating to Collateral used and not otherwise defined herein that are defined in the UCC, the PPSA, the PPSA Australia
and/or the PPSA New Zealand shall have the meanings set forth in the UCC, the PPSA, the PPSA Australia and/or the PPSA New Zealand, as applicable and as the context requires. 

1.4 Certain Matters of Construction. The terms “herein,” “hereof,” “hereunder”
and other words of similar import refer to this Agreement as a whole and not to any particular section, paragraph or subdivision. Any pronoun used shall be deemed to cover all genders. In the computation of periods of time from a specified date to a
later specified date, “from” means “from and including,” and “to” and “until” each mean “to but excluding.” The terms “including” and “include” shall mean “including, without
limitation” and, for purposes of each Loan Document, the parties agree that the rule of ejusdem generis shall not be applicable to limit any provision. Section titles appear as a matter of convenience only and shall not affect the
interpretation of any Loan Document. All references to (a) laws or statutes include all related rules, regulations, interpretations, amendments and successor provisions; (b) any reference to any

  
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 Loan Document shall be deemed to include any amendments, restatements, waivers and other
modifications, extensions or supplements to, or renewals of, such Loan Document; (c) section means, unless the context otherwise requires, a section of this Agreement; (d) any exhibits or schedules mean, unless the context otherwise
requires, exhibits and schedules attached hereto, which are hereby incorporated by reference; (e) any Person include successors, permitted transferees and permitted assigns of such Person; (f) time of day means time of day in Dallas, Texas
(Central Time) unless otherwise specified herein; (g) discretion of the Agent, any Security Trustee, any Fronting Bank or any Lender means the sole and absolute discretion of such Person exercised in a manner consistent with its duties of good
faith and fair dealing; or (h) “property” or “asset” includes any real or personal, present or future, tangible or intangible property or asset and any right, interest, revenue or benefit in, under or derived from the
property or asset. To the extent not otherwise specified herein, Borrowing Base calculations for each Borrower shall be consistent with historical methods of valuation and calculation for such Borrower’s Borrowing Base, and otherwise reasonably
satisfactory to Agent (and not necessarily calculated in accordance with GAAP). Loan Parties shall have the burden of establishing any alleged negligence, misconduct or lack of good faith by Agent, any Security Trustee, any Fronting Bank or any
Lender under any Loan Documents. No provision of any Loan Documents shall be construed against any party by reason of such party having, or being deemed to have, drafted the provision. Whenever any payment, certificate, notice or other delivery
shall be stated to be due on a day other than a Business Day, the due date for such payment or delivery shall be extended to the next succeeding Business Day, and such extension of time shall in such case be included in the computation of interest
or fees, as the case may be; provided, however, that if such extension would cause payment of interest on or principal of any Interest Period Loan to be made in the next calendar month, such payment shall be made on the immediately
preceding Business Day. 
 1.5 Currency Calculations. All references in the Loan Documents to
Loans, Letters of Credit, Obligations and other amounts shall be denominated in Dollars, unless expressly provided otherwise. The Dollar Equivalent of any amounts denominated or reported under a Loan Document in a currency other than Dollars shall
be determined by Agent on a daily basis based on the current Exchange Rate. Each Borrower shall report Cost and other Borrowing Base components to Agent in the currency shown in such Borrower’s financial records, and unless expressly provided
otherwise, MRC shall deliver consolidated financial statements and calculate financial covenants in Dollars. Notwithstanding anything herein to the contrary, if any Obligation is funded and expressly denominated in a currency other than Dollars,
Borrowers shall repay such Obligation in such other currency. 
 1.6 Interpretation (Quebec). For
purposes of any Collateral located in the Province of Quebec or charged by any deed of hypothec (or any other Loan Document) and for all other purposes pursuant to which the interpretation or construction of a Loan Document may be subject to the
laws of the Province of Quebec or a court or tribunal exercising jurisdiction in the Province of Québec, (a) “personal property” shall be deemed to include “movable property”, (b) “real property” shall
be deemed to include “immovable property”, (c) “tangible property” shall be deemed to include “corporeal property”, (d) “intangible property” shall be deemed to include “incorporeal
property”, (e) “security interest”, “mortgage” and “lien” shall be deemed to include a “hypothec”, “prior claim” and a “resolutory clause”, (f) all references to filing,
registering or recording under the UCC or the PPSA shall be deemed to include publication under the Civil Code, (g) all references to “perfection” of or “perfected” Liens shall be deemed

  
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 to include a reference to an “opposable” or “set up” Liens as against
third parties, (h) any “right of offset”, “right of setoff” or similar expression shall be deemed to include a “right of compensation”, (i) “goods” shall be deemed to include “corporeal movable
property” other than chattel paper, documents of title, instruments, money and securities, (j) an “agent” shall be deemed to include a “mandatary”, (k) “construction liens” shall be deemed to include
“legal hypothecs”, (l) “joint and several” shall be deemed to include “solidary”, (m) “gross negligence or willful misconduct” shall be deemed to be “intentional or gross fault”,
(n) “beneficial ownership” shall be deemed to include “ownership on behalf of another as mandatary”, (o) “servitude” shall be deemed to include “easement”, (p) “priority” shall be
deemed to include “prior claim”, (q) “survey” shall be deemed to include “certificate of location and plan”, and (r) “fee simple title” shall be deemed to include “absolute ownership”. The
parties hereto confirm that it is their wish that this Agreement and any other document executed in connection with the transactions contemplated herein be drawn up in the English language only (except if another language is required under any
Applicable Law) and that all other documents contemplated thereunder or relating thereto, including notices, may also be drawn up in the English language only. Les parties aux présentes confirment que c’est leur volonté que
cette convention et les autres documents de crédit soient rédigés en langue anglaise seulement et que tous les documents, y compris tous avis, envisagés par cette convention et les autres documents peuvent être
rédigés en la langue anglaise seulement (sauf si une autre langue est requise en vertu d’une Applicable Law). 
 SECTION 2. CREDIT FACILITIES 
 2.1 Commitment.

 2.1.1 Revolver Loans. 

(a) Australian Revolver Loans to Australian Borrowers. Each Australian Lender agrees, severally and not jointly
with the other Australian Lenders, upon the terms and subject to the conditions set forth herein, to make Australian Revolver Loans to any of the Australian Borrowers on any Business Day during the period from the Closing Date to the Australian
Revolver Commitment Termination Date, not to exceed in aggregate principal amount outstanding at any time (based on the Dollar Equivalent thereof), together with such Australian Lender’s portion of the Australian LC Obligations, such Australian
Lender’s Australian Revolver Commitment at such time, which Australian Revolver Loans may be repaid and reborrowed in accordance with the provisions of this Agreement; provided, however, that Australian Lenders shall have no
obligation to the Australian Borrowers whatsoever to honor any request for a Australian Revolver Loan on or after the Australian Revolver Commitment Termination Date or if the Dollar Equivalent of the amount of the proposed Australian Revolver Loan
exceeds Australian Availability on the proposed funding date for such Australian Revolver Loan or, in the case of any Australian Borrower, the limit contained in Section 2.11. Each Borrowing of Australian Revolver Loans shall be funded by
Australian Lenders on a Pro Rata basis. The Australian Revolver Loans shall bear interest as set forth in Section 3.1. Each Australian Revolver Loan shall, at the option of the Applicable Australian Borrower, be made or continued as, or
converted into, part of one or more Borrowings that, unless specifically provided herein, shall consist entirely of Australian Bank Bill Rate Loans or Australian Base Rate Loans if denominated in Australian Dollars, or LIBOR Loans or Australian Base
Rate Loans if 

  
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 denominated in Dollars, Euros or Sterling. The Australian Revolver Loans shall be repaid in
accordance with the terms of this Agreement. Each Australian Revolver Loan shall be funded in Australian Dollars or, at the option of the Applicable Australian Borrower, Dollars, Euros or Sterling and repaid in the same currency as the underlying
Australian Revolver Loan was made. 
 (b) Belgian Revolver Loans to Belgian Borrowers. Each Belgian Lender
agrees, severally and not jointly with the other Belgian Lenders, upon the terms and subject to the conditions set forth herein, to make Belgian Revolver Loans to any of the Belgian Borrowers on any Business Day during the period from the Closing
Date to the Belgian Revolver Commitment Termination Date, not to exceed in aggregate principal amount outstanding at any time (based on the Dollar Equivalent thereof), together with such Belgian Lender’s portion of the Belgian LC Obligations,
such Belgian Lender’s Belgian Revolver Commitment at such time, which Belgian Revolver Loans may be repaid and reborrowed in accordance with the provisions of this Agreement; provided, however, that Belgian Lenders shall have no
obligation to the Belgian Borrowers whatsoever to honor any request for a Belgian Revolver Loan on or after the Belgian Revolver Commitment Termination Date or if the Dollar Equivalent of the amount of the proposed Belgian Revolver Loan exceeds
Belgian Availability on the proposed funding date for such Belgian Revolver Loan or, in the case of any Belgian Borrower, the limit contained in Section 2.11. Each Borrowing of Belgian Revolver Loans shall be funded by Belgian Lenders on a Pro
Rata basis. The Belgian Revolver Loans shall bear interest as set forth in Section 3.1. Each Belgian Revolver Loan shall, at the option of the Applicable Belgian Borrower, be made or continued as, or converted into, part of one or more
Borrowings that, unless specifically provided herein, shall consist entirely of LIBOR Loans or Belgian Base Rate Loans. The Belgian Revolver Loans shall be repaid in accordance with the terms of this Agreement. Each Belgian Revolver Loan shall be
funded in Euros or, at the option of the Applicable Belgian Borrower, Dollars and repaid in the same currency as the underlying Belgian Revolver Loan was made. 
 (c) Canadian Revolver Loans to Canadian Borrowers. Each Canadian Lender agrees, severally and not jointly with the other Canadian Lenders, upon the terms and subject to the conditions set forth
herein, to make Canadian Revolver Loans to any of the Canadian Borrowers on any Business Day during the period from the Closing Date to the Canadian Revolver Commitment Termination Date, not to exceed in aggregate principal amount outstanding at any
time (based on the Dollar Equivalent thereof), together with such Canadian Lender’s portion of the Canadian LC Obligations, such Canadian Lender’s Canadian Revolver Commitment at such time, which Canadian Revolver Loans may be repaid and
reborrowed in accordance with the provisions of this Agreement; provided, however, that Canadian Lenders shall have no obligation to the Canadian Borrowers whatsoever to honor any request for a Canadian Revolver Loan on or after the
Canadian Revolver Commitment Termination Date or if the Dollar Equivalent of the amount of the proposed Canadian Revolver Loan exceeds Canadian Availability on the proposed funding date for such Canadian Revolver Loan or, in the case of any Canadian
Borrower, the limit contained in Section 2.11. Each Borrowing of Canadian Revolver Loans shall be funded by Canadian Lenders on a Pro Rata basis. The Canadian Revolver Loans shall bear interest as set forth in Section 3.1. Each Canadian
Revolver Loan shall, at the option of the Applicable Canadian Borrower, be made or continued as, or converted into, part of one or more Borrowings that, unless specifically provided herein, shall consist entirely of Canadian Prime Rate Loans or
Canadian BA Rate Loans if denominated in Canadian Dollars, or Canadian Base Rate Loans or LIBOR Loans if denominated in Dollars. The 

  
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 Canadian Revolver Loans shall be repaid in accordance with the terms of this Agreement. Each
Canadian Revolver Loan shall be funded in Canadian Dollars or, at the option of the Applicable Canadian Borrower, Dollars and repaid in the same currency as the underlying Canadian Revolver Loan was made. 

(d) Dutch Revolver Loans to Dutch Borrowers. Each Dutch Lender agrees, severally and not jointly with the other
Dutch Lenders, upon the terms and subject to the conditions set forth herein, to make Dutch Revolver Loans to any of the Dutch Borrowers on any Business Day during the period from the Closing Date to the Dutch Revolver Commitment Termination Date,
not to exceed in aggregate principal amount outstanding at any time (based on the Dollar Equivalent thereof), together with such Dutch Lender’s portion of the Dutch LC Obligations, such Dutch Lender’s Dutch Revolver Commitment at such
time, which Dutch Revolver Loans may be repaid and reborrowed in accordance with the provisions of this Agreement; provided, however, that Dutch Lenders shall have no obligation to the Dutch Borrowers whatsoever to honor any request
for a Dutch Revolver Loan on or after the Dutch Revolver Commitment Termination Date or if the Dollar Equivalent of the amount of the proposed Dutch Revolver Loan exceeds Dutch Availability on the proposed funding date for such Dutch Revolver Loan
or, in the case of any Dutch Borrower, the limit contained in Section 2.11. Each Borrowing of Dutch Revolver Loans shall be funded by Dutch Lenders on a Pro Rata basis. The Dutch Revolver Loans shall bear interest as set forth in
Section 3.1. Each Dutch Revolver Loan shall, at the option of the Applicable Dutch Borrower, be made or continued as, or converted into, part of one or more Borrowings that, unless specifically provided herein, shall consist entirely of LIBOR
Loans or Dutch Base Rate Loans. The Dutch Revolver Loans shall be repaid in accordance with the terms of this Agreement. Each Dutch Revolver Loan shall be funded in Euros or, at the option of the Applicable Dutch Borrower, Dollars and repaid in the
same currency as the underlying Dutch Revolver Loan was made. 
 (e) New Zealand Revolver Loans to New Zealand
Borrowers. Each New Zealand Lender agrees, severally and not jointly with the other New Zealand Lenders, upon the terms and subject to the conditions set forth herein, to make New Zealand Revolver Loans to any of the New Zealand Borrowers on any
Business Day during the period from the Closing Date to the New Zealand Revolver Commitment Termination Date, not to exceed in aggregate principal amount outstanding at any time (based on the Dollar Equivalent thereof), together with such New
Zealand Lender’s portion of the New Zealand LC Obligations, such New Zealand Lender’s New Zealand Revolver Commitment at such time, which New Zealand Revolver Loans may be repaid and reborrowed in accordance with the provisions of this
Agreement; provided, however, that New Zealand Lenders shall have no obligation to the New Zealand Borrowers whatsoever to honor any request for a New Zealand Revolver Loan on or after the New Zealand Revolver Commitment Termination
Date or if the Dollar Equivalent of the amount of the proposed New Zealand Revolver Loan exceeds New Zealand Availability on the proposed funding date for such New Zealand Revolver Loan or, in the case of any New Zealand Borrower, the limit
contained in Section 2.11. Each Borrowing of New Zealand Revolver Loans shall be funded by New Zealand Lenders on a Pro Rata basis. The New Zealand Revolver Loans shall bear interest as set forth in Section 3.1. Each New Zealand Revolver
Loan shall, at the option of the Applicable New Zealand Borrower, be made or continued as, or converted into, part of one or more Borrowings that, unless specifically provided herein, shall consist entirely of New Zealand Bank Bill Rate Loans or New
Zealand Base Rate Loans if denominated in New Zealand Dollars, or LIBOR 

  
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Loans or New Zealand Base Rate Loans if denominated in Dollars or Euros. The New Zealand Revolver Loans shall be repaid in accordance with the terms of this Agreement. Each New Zealand Revolver
Loan shall be funded in New Zealand Dollars or, at the option of the Applicable New Zealand Borrower, Dollars or Euros and repaid in the same currency as the underlying New Zealand Revolver Loan was made. 

(f) Singapore Revolver Loans to Singapore Borrowers. Each Singapore Lender agrees, severally and not jointly with
the other Singapore Lenders, upon the terms and subject to the conditions set forth herein, to make Singapore Revolver Loans to any of the Singapore Borrowers on any Business Day during the period from the Closing Date to the Singapore Revolver
Commitment Termination Date, not to exceed in aggregate principal amount outstanding at any time (based on the Dollar Equivalent thereof), together with such Singapore Lender’s portion of the Singapore LC Obligations, such Singapore
Lender’s Singapore Revolver Commitment at such time, which Singapore Revolver Loans may be repaid and reborrowed in accordance with the provisions of this Agreement; provided, however, that Singapore Lenders shall have no
obligation to the Singapore Borrowers whatsoever to honor any request for a Singapore Revolver Loan on or after the Singapore Revolver Commitment Termination Date or if the Dollar Equivalent of the amount of the proposed Singapore Revolver Loan
exceeds Singapore Availability on the proposed funding date for such Singapore Revolver Loan or, in the case of any Singapore Borrower, the limit contained in Section 2.11. Each Borrowing of Singapore Revolver Loans shall be funded by Singapore
Lenders on a Pro Rata basis. The Singapore Revolver Loans shall bear interest as set forth in Section 3.1. Each Singapore Revolver Loan shall, at the option of the Applicable Singapore Borrower, be made or continued as, or converted into, part
of one or more Borrowings that, unless specifically provided herein, shall consist entirely of SIBOR Loans or Singapore Base Rate Loans if denominated in Singapore Dollars, or LIBOR Loans or Singapore Base Rate Loans if denominated in Dollars or
Euros. The Singapore Revolver Loans shall be repaid in accordance with the terms of this Agreement. Each Singapore Revolver Loan shall be funded in Singapore Dollars or, at the option of the Applicable Singapore Borrower, Dollars or Euros and repaid
in the same currency as the underlying Singapore Revolver Loan was made. 
 (g) UK Revolver Loans to UK
Borrowers. Each UK Lender agrees, severally and not jointly with the other UK Lenders, upon the terms and subject to the conditions set forth herein, to make UK Revolver Loans to any of the UK Borrowers on any Business Day during the period from
the Closing Date to the UK Revolver Commitment Termination Date, not to exceed in aggregate principal amount outstanding at any time (based on the Dollar Equivalent thereof), together with such UK Lender’s portion of the UK LC Obligations, such
UK Lender’s UK Revolver Commitment at such time, which UK Revolver Loans may be repaid and reborrowed in accordance with the provisions of this Agreement; provided, however, that UK Lenders shall have no obligation to the UK
Borrowers whatsoever to honor any request for a UK Revolver Loan on or after the UK Revolver Commitment Termination Date or if the Dollar Equivalent of the amount of the proposed UK Revolver Loan exceeds UK Availability on the proposed funding date
for such UK Revolver Loan or, in the case of any UK Borrower, the limit contained in Section 2.11. Each Borrowing of UK Revolver Loans shall be funded by UK Lenders on a Pro Rata basis. The UK Revolver Loans shall bear interest as set forth in
Section 3.1. Each UK Revolver Loan shall, at the option of the Applicable UK Borrower, be made or continued as, or converted into, part of one or more Borrowings that, unless specifically provided herein, shall

  
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consist entirely of LIBOR Loans or UK Base Rate Loans. The UK Revolver Loans shall be repaid in accordance with the terms of this Agreement. Each UK Revolver Loan shall be funded in Sterling or,
at the option of the Applicable UK Borrower, Dollars or Euros and repaid in the same currency as the underlying UK Revolver Loan was made. 
 (h) U.S. Revolver Loans to U.S. Borrowers. Each U.S. Lender agrees, severally and not jointly with the other U.S. Lenders, upon the terms and subject to the conditions set forth herein, to make
U.S. Revolver Loans to any of the U.S. Borrowers on any Business Day during the period from the Closing Date to the U.S. Revolver Commitment Termination Date, not to exceed in aggregate principal amount outstanding at any time, together with such
U.S. Lender’s portion of the U.S. LC Obligations, such U.S. Lender’s U.S. Revolver Commitment at such time, which U.S. Revolver Loans may be repaid and reborrowed in accordance with the provisions of this Agreement; provided,
however, that such U.S. Lenders shall have no obligation to U.S. Borrowers whatsoever to honor any request for a U.S. Revolver Loan on or after the U.S. Revolver Commitment Termination Date or if the amount of the proposed U.S. Revolver Loan
exceeds U.S. Availability on the proposed funding date for such U.S. Revolver Loan. Each Borrowing of U.S. Revolver Loans shall be funded by U.S. Lenders on a Pro Rata basis. The U.S. Revolver Loans shall bear interest as set forth in
Section 3.1. Each U.S. Revolver Loan shall, at the option of the North American Loan Party Agent, be made or continued as, or converted into, part of one or more Borrowings that, unless specifically provided herein, shall consist entirely of
U.S. Base Rate Loans or LIBOR Loans. The U.S. Revolver Loans shall be repaid in accordance with the terms of this Agreement and shall be secured by all of the U.S. Facility Collateral. U.S. Borrowers shall be jointly and severally liable to pay all
of the U.S. Revolver Loans. Each U.S. Revolver Loan shall be funded and repaid in Dollars. 
 (i) Cap on Total
Revolver Exposure. Notwithstanding anything to the contrary contained in this Section 2.1.1, in no event shall any Borrower be entitled to receive a Revolver Loan if at the time of the proposed funding of such Loan (and after giving effect
thereto and all pending requests for Loans), the Total Revolver Exposure exceeds (or would exceed) the lesser of the (a) the Maximum Facility Amount and (b) the Commitments. 

2.1.2 Revolver Notes. The Revolver Loans made by each Lender and interest accruing thereon shall be
evidenced by the records of the Agent and such Lender. At the request of any Lender, the Borrowers within the Borrower Group to which such Lender has extended Commitments shall deliver a Revolver Note to such Lender in the amount of such
Lender’s Commitment to such Borrower Group. 
 2.1.3 Use of Proceeds. The proceeds of Loans
shall be used by Borrowers solely (a) to issue Letters of Credit, (b) to finance ongoing working capital needs and (c) for other general corporate purposes of the Borrowers and their Subsidiaries, including to fund permitted
distributions. 

  
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 2.1.4 Reduction or Termination of Commitments. 

(a) Australian Revolver Commitments. Unless sooner terminated in accordance with this Agreement, (i) the
Australian Revolver Commitments shall terminate on the Australian Revolver Commitment Termination Date and (ii) the Australian Swingline Commitment shall terminate at 5:00 p.m. (Local Time) on the Australian Swingline Commitment Termination
Date. Upon at least 30 days’ prior written notice to the Agent from the Asian Loan Party Agent, Australian Borrowers may, at their option, terminate the Australian Revolver Commitments without premium or penalty (other than funding losses
payable pursuant to Section 3.10). On the Australian Revolver Commitment Termination Date, the Australian Facility Loan Parties shall make Full Payment of all Australian Facility Obligations. 

(b) Belgian Revolver Commitments. Unless sooner terminated in accordance with this Agreement, (i) the Belgian
Revolver Commitments shall terminate on the Belgian Revolver Commitment Termination Date and (ii) the Belgian Swingline Commitment shall terminate at 5:00 p.m. (Local Time) on the Belgian Swingline Commitment Termination Date. Upon at least 30
days’ prior written notice to the Agent from the European Loan Party Agent, Belgian Borrowers may, at their option, terminate the Belgian Revolver Commitments without premium or penalty (other than funding losses payable pursuant to
Section 3.10). On the Belgian Revolver Commitment Termination Date, the Belgian Facility Loan Parties shall make Full Payment of all Belgian Facility Obligations. 

(c) Canadian Revolver Commitments. Unless sooner terminated in accordance with this Agreement, (i) the
Canadian Revolver Commitments shall terminate on the Canadian Revolver Commitment Termination Date and (ii) the Canadian Swingline Commitment shall terminate at 5:00 p.m. (Local Time) on the Canadian Swingline Commitment Termination Date. Upon
at least 30 days’ prior written notice to the Agent from the North American Loan Party Agent, Canadian Borrowers may, at their option, terminate the Canadian Revolver Commitments without premium or penalty (other than funding losses payable
pursuant to Section 3.10). On the Canadian Revolver Commitment Termination Date, the Canadian Facility Loan Parties shall make Full Payment of all Canadian Facility Obligations. 

(d) Dutch Revolver Commitments. Unless sooner terminated in accordance with this Agreement, (i) the Dutch
Revolver Commitments shall terminate on the Dutch Revolver Commitment Termination Date and (ii) the Dutch Swingline Commitment shall terminate at 5:00 p.m. (Local Time) on the Dutch Swingline Commitment Termination Date. Upon at least 30
days’ prior written notice to the Agent from the European Loan Party Agent, Dutch Borrowers may, at their option, terminate the Dutch Revolver Commitments without premium or penalty (other than funding losses payable pursuant to
Section 3.10). On the Dutch Revolver Commitment Termination Date, the Dutch Facility Loan Parties shall make Full Payment of all Dutch Facility Obligations. 

(e) New Zealand Revolver Commitments. Unless sooner terminated in accordance with this Agreement, (i) the New
Zealand Revolver Commitments shall terminate on the New Zealand Revolver Commitment Termination Date and (ii) the New Zealand Swingline Commitment shall terminate at 5:00 p.m. (Local Time) on the New Zealand Swingline Commitment Termination
Date. Upon at least 30 days’ prior written notice to the Agent from the Asian Loan Party Agent, New Zealand Borrowers may, at their option, terminate the New Zealand Revolver Commitments without premium or penalty (other than funding losses
payable pursuant to Section 3.10). On the New Zealand Revolver Commitment Termination Date, the New Zealand Facility Loan Parties shall make Full Payment of all New Zealand Facility Obligations. 

  
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 (f) Singapore Revolver Commitments. Unless sooner terminated in
accordance with this Agreement, (i) the Singapore Revolver Commitments shall terminate on the Singapore Revolver Commitment Termination Date and (ii) the Singapore Swingline Commitment shall terminate at 5:00 p.m. (Local Time) on the
Singapore Swingline Commitment Termination Date. Upon at least 30 days’ prior written notice to the Agent from the Asian Loan Party Agent, Singapore Borrowers may, at their option, terminate the Singapore Revolver Commitments without premium or
penalty (other than funding losses payable pursuant to Section 3.10). On the Singapore Revolver Commitment Termination Date, the Singapore Facility Loan Parties shall make Full Payment of all Singapore Facility Obligations. 

(g) UK Revolver Commitments. Unless sooner terminated in accordance with this Agreement, (i) the UK Revolver
Commitments shall terminate on the UK Revolver Commitment Termination Date and (ii) the UK Swingline Commitment shall terminate at 5:00 p.m. (Local Time) on the UK Swingline Commitment Termination Date. Upon at least 30 days’ prior written
notice to the Agent from the European Loan Party Agent, UK Borrowers may, at their option, terminate the UK Revolver Commitments without premium or penalty (other than funding losses payable pursuant to Section 3.10). On the UK Revolver
Commitment Termination Date, the UK Facility Loan Parties shall make Full Payment of all UK Facility Obligations. 
 (h) U.S. Revolver Commitments. Unless sooner terminated in accordance with this Agreement, (i) the U.S. Revolver Commitments shall terminate on the U.S. Revolver Commitment Termination Date
and (ii) the U.S. Swingline Commitment shall terminate at 5:00 p.m. on the U.S. Swingline Commitment Termination Date. Upon at least 30 days’ prior written notice to the Agent from the North American Loan Party Agent, U.S. Borrowers may,
at their option, terminate the U.S. Revolver Commitments without premium or penalty (other than funding losses payable pursuant to Section 3.10). If the U.S. Borrowers elect to reduce to zero or terminate the U.S. Revolver Commitments pursuant
to the previous sentence, the Foreign Revolver Commitments shall automatically terminate concurrently with the termination of the U.S. Revolver Commitments. On the U.S. Revolver Commitment Termination Date, the U.S. Facility Loan Parties shall make
Full Payment of all U.S. Facility Obligations. 
 (i) Notices Irrevocable. Any notice of termination given
by the Borrowers pursuant to this Section 2.1.4 shall be irrevocable; provided, however, that notice may be contingent on the occurrence of a financing or refinancing or the consummation of a sale, transfer, lease or other
disposition of assets or the occurrence of a Change of Control and may be revoked or the termination date deferred if the financing or refinancing or sale, transfer, lease or other disposition of assets or Change of Control does not occur.

 (j) Partial Reductions. So long as no Default or Event of Default then exists or would result therefrom
and after giving effect thereto, a Loan Party Agent may permanently and irrevocably reduce the Maximum Facility Amount by giving the Agent at least 10 Business Days’ prior irrevocable written notice thereof (or such lesser time as Agent may
consent to) from a Senior Officer of such Loan Party Agent, which notice shall (1) specify the date (which shall 

  
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 be a Business Day) and amount of such reduction (which shall, in the case of the Maximum
U.S. Facility Amount, be in a minimum amount of $10,000,000 and increments of $10,000,000 in excess thereof and, in the case of a Maximum Foreign Facility Amount, be in a minimum amount of $1,000,000 and increments of $1,000,000 in excess thereof),
and (2) specify the allocation of such reduction to, and the corresponding reductions of, each Maximum Foreign Facility Amount and/or the Maximum U.S. Facility Amount (and the respective Foreign Revolver Commitments and the U.S. Revolver
Commitments in respect thereof, each of which shall be allocated to the Lenders among the Borrower Groups on a Pro Rata basis at the time of such reduction). Without limiting the foregoing, (i) each reduction in the Maximum Australian Facility
Amount may not exceed Australian Availability, (ii) each reduction in the Maximum Belgian Facility Amount may not exceed Belgian Availability, (iii) each reduction in the Maximum Canadian Facility Amount may not exceed Canadian
Availability, (iv) each reduction in the Maximum Dutch Facility Amount may not exceed Dutch Availability, (v) each reduction in the Maximum New Zealand Facility Amount may not exceed New Zealand Availability, (vi) each reduction in
the Maximum Singapore Facility Amount may not exceed Singapore Availability, (vii) each reduction in the Maximum UK Facility Amount may not exceed UK Availability, and (viii) each reduction in the Maximum U.S. Facility Amount may not
exceed U.S. Availability. 
 2.1.5 Overadvances. 

(a) Australian Overadvance. If at any time the Dollar Equivalent of the aggregate principal balance of all
Australian Revolver Loans owing by an Australian Borrower exceeds the Australian Borrowing Base of such Australian Borrower (an “Australian Overadvance”), the excess amount shall, subject to Section 5.2, be payable by the
Applicable Australian Borrower on demand by Agent. All Australian Overadvance Loans shall constitute Australian Facility Obligations secured by the Australian Facility Collateral and shall be entitled to all benefits of the Loan Documents.

 (b) Belgian Overadvance. If at any time the Dollar Equivalent of the aggregate principal balance of all
Belgian Revolver Loans owing by a Belgian Borrower exceeds the Belgian Borrowing Base of such Belgian Borrower (a “Belgian Overadvance”), the excess amount shall, subject to Section 5.2, be payable by the Applicable Belgian
Borrower on demand by Agent. All Belgian Overadvance Loans shall constitute Belgian Facility Obligations secured by the Belgian Facility Collateral and shall be entitled to all benefits of the Loan Documents. 

(c) Canadian Overadvance. If at any time the Dollar Equivalent of the aggregate principal balance of all Canadian
Revolver Loans owing by a Canadian Borrower exceeds the Canadian Borrowing Base of such Canadian Borrower (a “Canadian Overadvance”), the excess amount shall, subject to Section 5.2, be payable by the Applicable Canadian
Borrower on demand by Agent. All Canadian Overadvance Loans shall constitute Canadian Facility Obligations secured by the Canadian Facility Collateral and shall be entitled to all benefits of the Loan Documents. 

(d) Dutch Overadvance. If at any time the Dollar Equivalent of the aggregate principal balance of all Dutch
Revolver Loans owing by a Dutch Borrower exceeds the Dutch Borrowing Base of such Dutch Borrower (a “Dutch Overadvance”), the excess amount shall, 

  
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subject to Section 5.2, be payable by the Applicable Dutch Borrower on demand by Agent. All Dutch Overadvance Loans shall constitute Dutch Facility Obligations secured by the Dutch
Facility Collateral and shall be entitled to all benefits of the Loan Documents. 
 (e) New Zealand
Overadvance. If at any time the Dollar Equivalent of the aggregate principal balance of all New Zealand Revolver Loans owing by a New Zealand Borrower exceeds the New Zealand Borrowing Base of such New Zealand Borrower (a “New Zealand
Overadvance”), the excess amount shall, subject to Section 5.2, be payable by the Applicable New Zealand Borrower on demand by Agent. All New Zealand Overadvance Loans shall constitute New Zealand Facility Obligations secured by
the New Zealand Facility Collateral and shall be entitled to all benefits of the Loan Documents. 
 (f)
Singapore Overadvance. If at any time the Dollar Equivalent of the aggregate principal balance of all Singapore Revolver Loans owing by a Singapore Borrower exceeds the Singapore Borrowing Base of such Singapore Borrower (a “Singapore
Overadvance”), the excess amount shall, subject to Section 5.2, be payable by the Applicable Singapore Borrower on demand by Agent. All Singapore Overadvance Loans shall constitute Singapore Facility Obligations secured by the
Singapore Facility Collateral and shall be entitled to all benefits of the Loan Documents. 
 (g) UK
Overadvance. If at any time the Dollar Equivalent of the aggregate principal balance of all UK Revolver Loans owing by a UK Borrower exceeds the UK Borrowing Base of such UK Borrower (a “UK Overadvance”), the excess amount
shall, subject to Section 5.2, be payable by the Applicable UK Borrower on demand by Agent. All UK Overadvance Loans shall constitute UK Facility Obligations secured by the UK Facility Collateral and shall be entitled to all benefits of
the Loan Documents. 
 (h) U.S. Overadvance. If at any time the aggregate principal balance of all U.S.
Revolver Loans exceeds the U.S. Borrowing Base (a “U.S. Overadvance”), the excess amount shall, subject to Section 5.2, be payable by the U.S. Borrowers on demand by Agent. All U.S. Overadvance Loans shall constitute
U.S. Facility Obligations secured by the U.S. Facility Collateral and shall be entitled to all benefits of the Loan Documents. 
 (i) Funding of Overadvance Loans. Agent may require Applicable Lenders to honor requests for Overadvance Loans and to forbear from requiring the applicable Borrower(s) to cure an Overadvance,
(i) when no other Event of Default is known to Agent, as long as (1) such Overadvance does not continue for more than 30 consecutive days (and no Overadvance may exist for at least five consecutive days thereafter before further
Overadvance Loans are required), (2) such Overadvance is not known by Agent to exceed ten percent (10%) of the (A) Total Australian Borrowing Base, with respect to all Australian Borrowers, (B) Total Belgian Borrowing Base, with
respect to all Belgian Borrowers, (C) Total Canadian Borrowing Base, with respect to all Canadian Borrowers, (D) Total Dutch Borrowing Base, with respect to all Dutch Borrowers, (E) Total New Zealand Borrowing Base, with respect to
all New Zealand Borrowers, (F) Total Singapore Borrowing Base, with respect to all Singapore Borrowers, (G) Total UK Borrowing Base, with respect to all UK Borrowers, or (H) the U.S. Borrowing Base, with respect to U.S. Borrowers and
(3) the aggregate amount of the Overadvances existing at any time, together with the Protective Advances outstanding at any time pursuant to Section 2.1.6 

  
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below, do not exceed fifteen percent (15%) of the Commitments then in effect; and (ii) regardless of whether an Event of Default exists, if Agent discovers an Overadvance not previously
known by it to exist, as long as from the date of such discovery the Overadvance does not continue for more than 30 consecutive days. In no event shall Overadvance Loans be required that would cause (I) the Australian Revolver Exposure to
exceed the aggregate Australian Revolver Commitments, (II) the Belgian Revolver Exposure to exceed the aggregate Belgian Revolver Commitments, (III) the Canadian Revolver Exposure to exceed the aggregate Canadian Revolver Commitments, (IV) the Dutch
Revolver Exposure to exceed the aggregate Dutch Revolver Commitments, (V) the New Zealand Revolver Exposure to exceed the aggregate New Zealand Revolver Commitments, (VI) the Singapore Revolver Exposure to exceed the aggregate Singapore
Revolver Commitments, (VII) the UK Revolver Exposure to exceed the aggregate UK Revolver Commitments or (VIII) the U.S. Revolver Exposure to exceed the aggregate U.S. Revolver Commitments. Required Borrower Group Lenders may at any time revoke
Agent’s authority to make further Overadvance Loans to the Borrower or Borrowers of the applicable Borrower Group by written notice to the Agent. Any funding of an Overadvance Loan or sufferance of an Overadvance shall not constitute a waiver
by Agent or Lenders of the Event of Default caused thereby. In no event shall any Borrower or other Loan Party be deemed a beneficiary of this Section 2.1.5 nor authorized to enforce any of its terms. 

2.1.6 Protective Advances. 

(a) Australian Protective Advances. The Agent shall be authorized by each Australian Borrower and the Australian
Lenders, from time to time in the Agent’s sole discretion (but shall have absolutely no obligation to), to make Australian Base Rate Loans to the Australian Borrowers on behalf of the Australian Lenders (any of such Loans are herein referred to
as “Australian Protective Advances”) which the Agent, in its Permitted Discretion, deems necessary or desirable to (i) preserve or protect Australian Facility Collateral or any portion thereof or (ii) to enhance the
likelihood of, or maximize the amount of, repayment of the Australian Revolver Loans and other Australian Facility Obligations; provided that no Australian Protective Advance shall cause the aggregate amount of the Australian Revolver
Exposure at such time to exceed the Australian Revolver Commitments (or the Australian Revolver Exposure allocable to an Applicable Australian Borrower to exceed the Applicable Australian Borrower’s Applicable Australian Borrower Commitment)
then in effect. All Australian Protective Advances made by the Agent with respect to each Australian Facility Loan Party shall be Australian Facility Obligations of such Australian Facility Loan Party, secured by the applicable Australian Facility
Collateral and shall be treated for all purposes as Australian Base Rate Loans. 
 (b) Belgian Protective
Advances. The Agent shall be authorized by each Belgian Borrower and the Belgian Lenders, from time to time in the Agent’s sole discretion (but shall have absolutely no obligation to), to make Belgian Base Rate Loans to the Belgian
Borrowers on behalf of the Belgian Lenders (any of such Loans are herein referred to as “Belgian Protective Advances”) which the Agent, in its Permitted Discretion, deems necessary or desirable to (i) preserve or protect
Belgian Facility Collateral or any portion thereof or (ii) to enhance the likelihood of, or maximize the amount of, repayment of the Belgian Revolver Loans and other Belgian Facility Obligations; provided that no Belgian Protective
Advance shall cause the aggregate amount of the Belgian Revolver Exposure at such time to exceed the Belgian Revolver Commitments (or the Belgian Revolver Exposure allocable to an Applicable Belgian

  
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Borrower to exceed the Applicable Belgian Borrower’s Applicable Belgian Borrower Commitment) then in effect. All Belgian Protective Advances made by the Agent with respect to each Belgian
Facility Loan Party shall be Belgian Facility Obligations of such Belgian Facility Loan Party, secured by the applicable Belgian Facility Collateral and shall be treated for all purposes as Belgian Base Rate Loans. 

(c) Canadian Protective Advances. The Agent shall be authorized by each Canadian Borrower and the Canadian Lenders,
from time to time in the Agent’s sole discretion (but shall have absolutely no obligation to), to make Canadian Base Rate Loans or Canadian Prime Rate Loans to any Canadian Borrower on behalf of the Canadian Lenders (any of such Loans are
herein referred to as “Canadian Protective Advances”) which the Agent, in its Permitted Discretion, deems necessary or desirable to (i) preserve or protect Canadian Facility Collateral or any portion thereof or (ii) to
enhance the likelihood of, or maximize the amount of, repayment of the Canadian Revolver Loans and other Canadian Facility Obligations; provided that no Canadian Protective Advance shall cause the aggregate amount of the Canadian Revolver
Exposure at such time to exceed the Canadian Revolver Commitments (or the Canadian Revolver Exposure allocable to an Applicable Canadian Borrower to exceed the Applicable Canadian Borrower’s Applicable Canadian Borrower Commitment) then in
effect. All Canadian Protective Advances made by the Agent with respect to each Canadian Facility Loan Party shall be Canadian Facility Obligations of such Canadian Facility Loan Party, secured by the applicable Canadian Facility Collateral and, if
denominated in Canadian Dollars, shall be treated for all purposes as a Canadian Prime Rate Loan or, if denominated in Dollars, shall be treated for all purposes as a Canadian Base Rate Loan. 

(d) Dutch Protective Advances. The Agent shall be authorized by each Dutch Borrower and the Dutch Lenders, from
time to time in the Agent’s sole discretion (but shall have absolutely no obligation to), to make Dutch Base Rate Loans to the Dutch Borrowers on behalf of the Dutch Lenders (any of such Loans are herein referred to as “Dutch Protective
Advances”) which the Agent, in its Permitted Discretion, deems necessary or desirable to (i) preserve or protect Dutch Facility Collateral or any portion thereof or (ii) to enhance the likelihood of, or maximize the amount of,
repayment of the Dutch Revolver Loans and other Dutch Facility Obligations; provided that no Dutch Protective Advance shall cause the aggregate amount of the Dutch Revolver Exposure at such time to exceed the Dutch Revolver Commitments (or
the Dutch Revolver Exposure allocable to an Applicable Dutch Borrower to exceed the Applicable Dutch Borrower’s Applicable Dutch Borrower Commitment) then in effect. All Dutch Protective Advances made by the Agent with respect to each Dutch
Facility Loan Party shall be Dutch Facility Obligations of such Dutch Facility Loan Party, secured by the applicable Dutch Facility Collateral and shall be treated for all purposes as Dutch Base Rate Loans. 

(e) New Zealand Protective Advances. The Agent shall be authorized by each New Zealand Borrower (after one
day’s notice being delivered to them) and the New Zealand Lenders, from time to time in the Agent’s sole discretion (but shall have absolutely no obligation to), to make New Zealand Base Rate Loans to the New Zealand Borrowers on behalf of
the New Zealand Lenders (any of such Loans are herein referred to as “New Zealand Protective Advances”) which the Agent, in its Permitted Discretion, deems necessary or desirable to (i) preserve or protect New Zealand Facility
Collateral or any portion thereof or (ii) to enhance the likelihood of, or maximize the amount of, repayment of the New Zealand Revolver Loans and 

  
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other New Zealand Facility Obligations; provided that no New Zealand Protective Advance shall be made if the New Zealand Borrower gives notice that making such New Zealand Protective
Advance will cause such Borrower or its directors to breach any Applicable Law (including any law applicable to a New Zealand Borrower) and/or shall cause the aggregate amount of the New Zealand Revolver Exposure at such time to exceed the New
Zealand Revolver Commitments (or the New Zealand Revolver Exposure allocable to an Applicable New Zealand Borrower to exceed the Applicable New Zealand Borrower’s Applicable New Zealand Borrower Commitment) then in effect. All New Zealand
Protective Advances made by the Agent with respect to each New Zealand Facility Loan Party shall be New Zealand Facility Obligations of such New Zealand Facility Loan Party, secured by the applicable New Zealand Facility Collateral and shall be
treated for all purposes as New Zealand Base Rate Loans. 
 (f) Singapore Protective Advances. The Agent
shall be authorized by each Singapore Borrower and the Singapore Lenders, from time to time in the Agent’s sole discretion (but shall have absolutely no obligation to), to make Singapore Base Rate Loans to the Singapore Borrowers on behalf of
the Singapore Lenders (any of such Loans are herein referred to as “Singapore Protective Advances”) which the Agent, in its Permitted Discretion, deems necessary or desirable to (i) preserve or protect Singapore Facility
Collateral or any portion thereof or (ii) to enhance the likelihood of, or maximize the amount of, repayment of the Singapore Revolver Loans and other Singapore Facility Obligations; provided that no Singapore Protective Advance shall
cause the aggregate amount of the Singapore Revolver Exposure at such time to exceed the Singapore Revolver Commitments (or the Singapore Revolver Exposure allocable to an Applicable Singapore Borrower to exceed the Applicable Singapore
Borrower’s Applicable Singapore Borrower Commitment) then in effect. All Singapore Protective Advances made by the Agent with respect to each Singapore Facility Loan Party shall be Singapore Facility Obligations of such Singapore Facility Loan
Party, secured by the applicable Singapore Facility Collateral and shall be treated for all purposes as Singapore Base Rate Loans. 
 (g) UK Protective Advances. The Agent shall be authorized by each UK Borrower and the UK Lenders, from time to time in the Agent’s sole discretion (but shall have absolutely no obligation to),
to make UK Base Rate Loans to the UK Borrowers on behalf of the UK Lenders (any of such Loans are herein referred to as “UK Protective Advances”) which the Agent, in its Permitted Discretion, deems necessary or desirable to
(i) preserve or protect UK Facility Collateral or any portion thereof or (ii) to enhance the likelihood of, or maximize the amount of, repayment of the UK Revolver Loans and other UK Facility Obligations; provided that no UK
Protective Advance shall cause the aggregate amount of the UK Revolver Exposure at such time to exceed the UK Revolver Commitments (or the UK Revolver Exposure allocable to an Applicable UK Borrower to exceed the Applicable UK Borrower’s
Applicable UK Borrower Commitment) then in effect. All UK Protective Advances made by the Agent with respect to each UK Facility Loan Party shall be UK Facility Obligations of such UK Facility Loan Party, secured by the applicable UK Facility
Collateral and shall be treated for all purposes as UK Base Rate Loans. 
 (h) U.S. Protective Advances.
The Agent shall be authorized by each U.S. Borrower and the U.S. Lenders, from time to time in the Agent’s sole discretion (but shall have absolutely no obligation to), to make U.S. Base Rate Loans to the U.S. Borrowers on behalf of the U.S.
Lenders (any of such Loans are herein referred to as “U.S. Protective Advances”) which 

  
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the Agent, in its Permitted Discretion, deems necessary or desirable to (i) preserve or protect U.S. Facility Collateral or any portion thereof or (ii) to enhance the likelihood of, or
maximize the amount of, repayment of the U.S. Revolver Loans and other U.S. Facility Obligations; provided that no U.S. Protective Advance shall cause the aggregate amount of the U.S. Revolver Exposure at such time to exceed the U.S. Revolver
Commitments then in effect. All U.S. Protective Advances made by the Agent with respect to U.S. Facility Loan Parties shall be U.S. Facility Obligations, secured by the U.S. Facility Collateral and shall be treated for all purposes as U.S. Base Rate
Loans. 
 (i) Limitations on Protective Advances. The aggregate amount of Protective Advances outstanding
at any time pursuant to this Section 2.1.6 shall not exceed seven and a half percent (7.5%) of the Commitments then in effect; provided that, the aggregate amount of Protective Advances outstanding at any time pursuant to this
Section 2.1.6, together with the aggregate amount of Overadvances existing at any time pursuant to Section 2.1.5 above, shall not exceed fifteen percent (15%) of the Commitments then in effect. Protective Advances may be made even if
the conditions set forth in Section 6 have not been satisfied. Each Applicable Lender shall participate in each Protective Advance on a Pro Rata basis. Required Borrower Group Lenders may at any time revoke Agent’s authority to make
further Protective Advances to the Borrower or Borrowers of the applicable Borrower Group by written notice to the Agent. Absent such revocation, the Agent’s determination that funding of a Protective Advance is appropriate shall be conclusive.
At any time that there is sufficient Availability for the applicable Borrower Group and the conditions precedent set forth in Section 6 have been satisfied, the Agent may request the Applicable Lenders to make a Revolver Loan to repay a
Protective Advance. At any other time, the Agent may require the Applicable Lenders to fund their risk participations described in Section 2.1.6(j). 
 (j) Transfers. Upon the making of a Protective Advance by the Agent (whether before or after the occurrence of a Default or Event of Default), each Applicable Lender shall be deemed, without
further action by any party hereto, to have unconditionally and irrevocably purchased from the Agent without recourse or warranty, an undivided interest and participation in such Protective Advance in proportion to its Pro Rata share of such
Protective Advance. Each Applicable Lender shall transfer (a “Transfer”) the amount of such Applicable Lender’s Pro Rata share of the outstanding principal amount of the applicable Protective Advance with respect to such
purchased interest and participation promptly when requested to the Agent, to such account of the Agent as the Agent may designate, but in any case not later than 3:00 p.m. (Local Time) on the Business Day notified (if notice is provided by the
Agent prior to 12:00 p.m. (Local Time) and otherwise on the immediately following Business Day (the “Transfer Date”). Transfers may occur during the existence of a Default or Event of Default and whether or not the applicable
conditions precedent set forth in Section 6 have then been satisfied. Such amounts transferred to the Agent shall be applied against the amount of the Protective Advance and, together with Applicable Lender’s Pro Rata share of such
Protective Advance, shall constitute Loans of such Applicable Lenders, respectively. If any such amount is not transferred to the Agent by any Applicable Lender on such Transfer Date, the Agent shall be entitled to recover such amount on demand from
such Applicable Lender together with interest thereon as specified in Section 3.1. From and after the date, if any, on which any Applicable Lender is required to fund, and funds, its participation in any Protective Advance purchased hereunder,
the Agent shall promptly distribute to such Applicable Lender, such Applicable Lender’s Pro Rata share of all payments of principal and interest and all proceeds of Collateral received by the Agent in respect of such Protective Advance.

  
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 2.1.7 Increase in Revolver Commitments. 

(a) Australian Revolver Commitment Increase. The Asian Loan Party Agent may by written notice to the Agent elect to
increase the Maximum Australian Facility Amount then in effect (an “Australian Revolver Commitment Increase”) by increasing the Australian Revolver Commitment of an Australian Lender (with the consent of such Australian Lender) or
by causing a Person reasonably acceptable to the Agent that at such time is not an Australian Lender to become an Australian Lender (an “Additional Australian Lender”). After giving effect to any Australian Revolver Commitment
Increase, the Australian Revolver Commitment of each Australian Lender (and the percentage of each Australian Revolver Loan that each Participant must purchase an Australian Revolver Loan participation in) shall be equal to such Australian
Lender’s (or Participant’s) Pro Rata share of the amount of the increased Australian Revolver Commitments. 
 (b) Belgian Revolver Commitment Increase. The European Loan Party Agent may by written notice to the Agent elect to increase the Maximum Belgian Facility Amount then in effect (a “Belgian
Revolver Commitment Increase”) by increasing the Belgian Revolver Commitment of a Belgian Lender (with the consent of such Belgian Lender) or by causing a Person reasonably acceptable to the Agent that at such time is not a Belgian Lender
to become a Belgian Lender (an “Additional Belgian Lender”). After giving effect to any Belgian Revolver Commitment Increase, the Belgian Revolver Commitment of each Belgian Lender (and the percentage of each Belgian Revolver Loan
that each Participant must purchase a Belgian Revolver Loan participation in) shall be equal to such Belgian Lender’s (or Participant’s) Pro Rata share of the amount of the increased Belgian Revolver Commitments. 

(c) Canadian Revolver Commitment Increase. The North American Loan Party Agent may by written notice to the Agent
elect to increase the Maximum Canadian Facility Amount then in effect (a “Canadian Revolver Commitment Increase”) by increasing the Canadian Revolver Commitment of a Canadian Lender (with the consent of such Canadian Lender) or by
causing a Person reasonably acceptable to the Agent that at such time is not a Canadian Lender to become a Canadian Lender (an “Additional Canadian Lender”). After giving effect to any Canadian Revolver Commitment Increase, the
Canadian Revolver Commitment of each Canadian Lender (and the percentage of each Canadian Revolver Loan that each Participant must purchase a Canadian Revolver Loan participation in) shall be equal to such Canadian Lender’s (or
Participant’s) Pro Rata share of the amount of the increased Canadian Revolver Commitments. 
 (d) Dutch
Revolver Commitment Increase. The European Loan Party Agent may by written notice to the Agent elect to increase the Maximum Dutch Facility Amount then in effect (a “Dutch Revolver Commitment Increase”) by increasing the Dutch
Revolver Commitment of a Dutch Lender (with the consent of such Dutch Lender) or by causing a Person reasonably acceptable to the Agent that at such time is not a Dutch Lender to become a Dutch Lender (an “Additional Dutch Lender”).
After giving effect to any Dutch Revolver Commitment Increase, the Dutch Revolver Commitment of each Dutch Lender (and the percentage of each Dutch Revolver Loan that each Participant must purchase a Dutch Revolver Loan participation in) shall be
equal to such Dutch Lender’s (or Participant’s) Pro Rata share of the amount of the increased Dutch Revolver Commitments. 

  
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 (e) New Zealand Revolver Commitment Increase. The Asian Loan Party
Agent may by written notice to the Agent elect to increase the Maximum New Zealand Facility Amount then in effect (a “New Zealand Revolver Commitment Increase”) by increasing the New Zealand Revolver Commitment of a New Zealand
Lender (with the consent of such New Zealand Lender) or by causing a Person reasonably acceptable to the Agent that at such time is not a New Zealand Lender to become a New Zealand Lender (an “Additional New Zealand Lender”). After
giving effect to any New Zealand Revolver Commitment Increase, the New Zealand Revolver Commitment of each New Zealand Lender (and the percentage of each New Zealand Revolver Loan that each Participant must purchase a New Zealand Revolver Loan
participation in) shall be equal to such New Zealand Lender’s (or Participant’s) Pro Rata share of the amount of the increased New Zealand Revolver Commitments. 

(f) Singapore Revolver Commitment Increase. The Asian Loan Party Agent may by written notice to the Agent elect to
increase the Maximum Singapore Facility Amount then in effect (a “Singapore Revolver Commitment Increase”) by increasing the Singapore Revolver Commitment of a Singapore Lender (with the consent of such Singapore Lender) or by
causing a Person reasonably acceptable to the Agent that at such time is not a Singapore Lender to become a Singapore Lender (an “Additional Singapore Lender”). After giving effect to any Singapore Revolver Commitment Increase, the
Singapore Revolver Commitment of each Singapore Lender (and the percentage of each Singapore Revolver Loan that each Participant must purchase a Singapore Revolver Loan participation in) shall be equal to such Singapore Lender’s (or
Participant’s) Pro Rata share of the amount of the increased Singapore Revolver Commitments. 
 (g) UK
Revolver Commitment Increase. The European Loan Party Agent may by written notice to the Agent elect to increase the Maximum UK Facility Amount then in effect (a “UK Revolver Commitment Increase”) by increasing the UK Revolver
Commitment of a UK Lender (with the consent of such UK Lender) or by causing a Person reasonably acceptable to the Agent that at such time is not a UK Lender to become a UK Lender (an “Additional UK Lender”). After giving effect to
any UK Revolver Commitment Increase, the UK Revolver Commitment of each UK Lender (and the percentage of each UK Revolver Loan that each Participant must purchase a UK Revolver Loan participation in) shall be equal to such UK Lender’s (or
Participant’s) Pro Rata share of the amount of the increased UK Revolver Commitments. 
 (h) U.S.
Revolver Commitment Increase. The North American Loan Party Agent may by written notice to the Agent elect to increase the Maximum U.S. Facility Amount then in effect (a “U.S. Revolver Commitment Increase” and together with any
Australian Revolver Commitment Increase, Belgian Revolver Commitment Increase, Canadian Revolver Commitment Increase, Dutch Revolver Commitment Increase, New Zealand Revolver Commitment Increase, Singapore Revolver Commitment Increase and UK
Revolver Commitment Increase, “Revolver Commitment Increases”) by increasing the U.S. Revolver Commitment of a U.S. Lender (with the consent of such U.S. Lender) or by causing a Person

  
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reasonably acceptable to the Agent that at such time is not a U.S. Lender to become a U.S. Lender (an “Additional U.S. Lender” and together with any Additional Australian Lender,
Additional Belgian Lender, Additional Canadian Lender, Additional Dutch Lender, Additional New Zealand Lender, Additional Singapore Lender and Additional UK Lender, “Additional Lenders”). After giving effect to any U.S. Revolver
Commitment Increase, the U.S. Revolver Commitment of each U.S. Lender (and the percentage of each U.S. Revolver Loan that each Participant must purchase a U.S. Revolver Loan participation in) shall be equal to such U.S. Lender’s (or
Participant’s) Pro Rata share of the amount of the increased U.S. Revolver Commitments. 
 (i) Terms of
Revolver Commitment Increases. Each notice of an increase in any Borrower Group Commitment shall specify the proposed date (each, an “Increase Date”) for the effectiveness of the Revolver Commitment Increase, which date shall be
not less than ten Business Days after the date on which such notice is delivered to Agent. Any such increase shall be subject to the following additional conditions: (i) no Default or Event of Default shall have occurred and be continuing as of
the date of such notice or both immediately before and after giving effect thereto as of the Increase Date; (ii) no Lender shall be obligated or have a right to participate in the Revolver Commitment Increase by increasing its Commitment;
(iii) the Revolver Commitment Increase shall be on the same terms and conditions as this Agreement (provided, that the New Zealand Applicable Margin, the Singapore Applicable Margin and any Letter of Credit and unused line fees for New Zealand
Borrowers and Singapore Borrowers will be agreed to by the New Zealand Borrowers and the Singapore Borrowers (as applicable) and the relevant Additional Lender(s) pursuant to the joinder agreements referenced in clause (iv) below);
(iv) the Revolver Commitment Increase, to the extent arising from the admission of an Additional Lender, shall be effected pursuant to one or more joinder agreements executed and delivered by the Applicable Borrowers, the Additional Lender(s)
and the Agent, each of which shall be in form and substance reasonably satisfactory to the Agent; (v) the relevant Loan Party Agent shall deliver or cause to be delivered any officers’ certificates, board resolutions, legal opinions or
other documents reasonably requested by Agent in connection with the Revolver Commitment Increase; (vi) the Borrowers shall pay all reasonable and documented fees and expenses in connection with the Revolver Commitment Increase, including
payments required pursuant to Section 3.10 in connection with the Revolver Commitment Increase; (vii) such increase shall be in a minimum amount of $25,000,000 in the case of the U.S. Revolver Commitments or in a minimum amount of
$5,000,000 in the case of each of the Foreign Revolver Commitments; and (viii) the Agent shall have received a certification from a Senior Officer of the North American Loan Party Agent, or other evidence reasonably satisfactory to the Agent,
that such increase is permitted under the Senior Secured Notes Indenture (except to the extent the Indebtedness thereunder has been discharged in full). Notwithstanding the foregoing, (1) in no event shall the aggregate amount of all Revolver
Commitment Increases made under this Section 2.1.7 exceed the sum of $300,000,000 plus the amount of any Foreign Revolver Commitments (other than Canadian Revolver Commitments) previously terminated or reduced voluntarily under
Section 2.1.4 and (2) the Foreign Borrowers may not effect a reallocation of Foreign Revolver Commitments by terminations or reductions in one jurisdiction and increases in other jurisdictions more frequently than one time per calendar
year. 

  
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 (j) Increases Generally. The Agent shall promptly inform the Lenders
of any request for a Revolver Commitment Increase made by a Loan Party Agent. If the conditions set forth in clause (i) above are not satisfied on the applicable Increase Date (or, to the extent such conditions relate to an earlier date, such
earlier date), the Agent shall notify such Loan Party Agent in writing that the requested Revolver Commitment Increase will not be effectuated. On each Increase Date, the Agent shall notify the Lenders and the relevant Loan Party Agent, on or before
3:00 p.m., by telecopier, e-mail or telex, of the occurrence of the Revolver Commitment Increase to be effected on such Increase Date, the amount of Revolver Loans held by each Lender as a result thereof, the amount of the Commitment of each Lender
(and the percentage of each Revolver Loan, if any, that each Participant must purchase a participation interest in) as a result thereof. 
 2.1.8 Swingline Loans. 
 (a) Australian Swingline
Loans to Australian Borrowers. The Australian Swingline Lender shall make Australian Swingline Loans to any of the Australian Borrowers on any Business Day during the period from the Closing Date to the Australian Swingline Commitment
Termination Date, not to exceed the Australian Swingline Commitment in aggregate principal amount outstanding at any time (based on the Dollar Equivalent thereof), which Australian Swingline Loans may be repaid and reborrowed in accordance with the
provisions of this Agreement; provided, however, that the Australian Swingline Lender shall not honor any request for a Australian Swingline Loan on or after the Australian Swingline Commitment Termination Date, if the Dollar
Equivalent of the amount of the proposed Australian Swingline Loan exceeds Australian Availability on the proposed funding date for such Australian Swingline Loan or if the requirements of Section 2.11 are not satisfied. The Australian
Swingline Loans shall be Australian Base Rate Loans and bear interest as set forth in Section 3.1. Each Australian Swingline Loan shall constitute a Revolver Loan for all purposes except that payments thereon shall be made to the Australian
Swingline Lender for its own account. The Australian Swingline Loans of each Australian Borrower shall be repaid in accordance with the terms of this Agreement and shall be secured by all of the Australian Facility Collateral of such Australian
Borrower. Each Australian Swingline Loan shall be funded in Australian Dollars or, at the option of the Applicable Australian Borrower, Dollars and repaid in the same currency as the underlying Australian Swingline Loan was made. 

(b) Belgian Swingline Loans to Belgian Borrowers. The Belgian Swingline Lender shall make Belgian Swingline Loans
to any of the Belgian Borrowers on any Business Day during the period from the Closing Date to the Belgian Swingline Commitment Termination Date, not to exceed the Belgian Swingline Commitment in aggregate principal amount outstanding at any time
(based on the Dollar Equivalent thereof), which Belgian Swingline Loans may be repaid and reborrowed in accordance with the provisions of this Agreement; provided, however, that the Belgian Swingline Lender shall not honor any request
for a Belgian Swingline Loan on or after the Belgian Swingline Commitment Termination Date, if the Dollar Equivalent of the amount of the proposed Belgian Swingline Loan exceeds Belgian Availability on the proposed funding date for such Belgian
Swingline Loan or if the requirements of Section 2.11 are not satisfied. The Belgian Swingline Loans shall be Belgian Base Rate Loans and bear interest as set forth in Section 3.1. Each Belgian Swingline Loan shall constitute a Revolver
Loan for all purposes except that payments thereon shall be made to the Belgian Swingline Lender for its own account. The Belgian Swingline Loans of each Belgian Borrower shall be repaid in accordance with the terms of this Agreement and shall be
secured by all of the Belgian Facility Collateral of such Belgian Borrower. Each Belgian Swingline Loan shall be funded in Euros or, at the option of the Applicable Belgian Borrower, Dollars and repaid in the same currency as the underlying Belgian
Swingline Loan was made. 

  
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 (c) Canadian Swingline Loans to Canadian Borrowers. The Canadian
Swingline Lender shall make Canadian Swingline Loans to any of the Canadian Borrowers on any Business Day during the period from the Closing Date to the Canadian Swingline Commitment Termination Date, not to exceed the Canadian Swingline Commitment
in aggregate principal amount outstanding at any time (based on the Dollar Equivalent thereof), which Canadian Swingline Loans may be repaid and reborrowed in accordance with the provisions of this Agreement; provided, however, that
the Canadian Swingline Lender shall not honor any request for a Canadian Swingline Loan on or after the Canadian Swingline Commitment Termination Date, if the Dollar Equivalent of the amount of the proposed Canadian Swingline Loan exceeds Canadian
Availability on the proposed funding date for such Canadian Swingline Loan or if the requirements of Section 2.11 are not satisfied. The Canadian Swingline Loans shall be Canadian Prime Rate Loans if denominated in Canadian Dollars and Canadian
Base Rate Loans if denominated in Dollars and bear interest as set forth in Section 3.1. Each Canadian Swingline Loan shall constitute a Revolver Loan for all purposes except that payments thereon shall be made to the Canadian Swingline Lender
for its own account. The Canadian Swingline Loans of each Canadian Borrower shall be repaid in accordance with the terms of this Agreement and shall be secured by all of the Canadian Facility Collateral of such Canadian Borrower. Each Canadian
Swingline Loan shall be funded in Canadian Dollars or, at the option of the Applicable Canadian Borrower, Dollars and repaid in the same currency as the underlying Canadian Swingline Loan was made. 

(d) Dutch Swingline Loans to Dutch Borrowers. The Dutch Swingline Lender shall make Dutch Swingline Loans to any of
the Dutch Borrowers on any Business Day during the period from the Closing Date to the Dutch Swingline Commitment Termination Date, not to exceed the Dutch Swingline Commitment in aggregate principal amount outstanding at any time (based on the
Dollar Equivalent thereof), which Dutch Swingline Loans may be repaid and reborrowed in accordance with the provisions of this Agreement; provided, however, that the Dutch Swingline Lender shall not honor any request for a Dutch
Swingline Loan on or after the Dutch Swingline Commitment Termination Date, if the Dollar Equivalent of the amount of the proposed Dutch Swingline Loan exceeds Dutch Availability on the proposed funding date for such Dutch Swingline Loan or if the
requirements of Section 2.11 are not satisfied. The Dutch Swingline Loans shall be Dutch Base Rate Loans and bear interest as set forth in Section 3.1. Each Dutch Swingline Loan shall constitute a Revolver Loan for all purposes except that
payments thereon shall be made to the Dutch Swingline Lender for its own account. The Dutch Swingline Loans of each Dutch Borrower shall be repaid in accordance with the terms of this Agreement and shall be secured by all of the Dutch Facility
Collateral of such Dutch Borrower. Each Dutch Swingline Loan shall be funded in Euros or, at the option of the Applicable Dutch Borrower, Dollars and repaid in the same currency as the underlying Dutch Swingline Loan was made. 

  
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 (e) New Zealand Swingline Loans to New Zealand Borrowers. The New
Zealand Swingline Lender shall make New Zealand Swingline Loans to any of the New Zealand Borrowers on any Business Day during the period from the Closing Date to the New Zealand Swingline Commitment Termination Date, not to exceed the New Zealand
Swingline Commitment in aggregate principal amount outstanding at any time (based on the Dollar Equivalent thereof), which New Zealand Swingline Loans may be repaid and reborrowed in accordance with the provisions of this Agreement; provided,
however, that the New Zealand Swingline Lender shall not honor any request for a New Zealand Swingline Loan on or after the New Zealand Swingline Commitment Termination Date, if the Dollar Equivalent of the amount of the proposed New Zealand
Swingline Loan exceeds New Zealand Availability on the proposed funding date for such New Zealand Swingline Loan or if the requirements of Section 2.11 are not satisfied. The New Zealand Swingline Loans shall be New Zealand Base Rate Loans and
bear interest as set forth in Section 3.1. Each New Zealand Swingline Loan shall constitute a Revolver Loan for all purposes except that payments thereon shall be made to the New Zealand Swingline Lender for its own account. The New Zealand
Swingline Loans of each New Zealand Borrower shall be repaid in accordance with the terms of this Agreement and shall be secured by all of the New Zealand Facility Collateral of such New Zealand Borrower. Each New Zealand Swingline Loan shall be
funded in New Zealand Dollars or, at the option of the Applicable New Zealand Borrower, Dollars and repaid in the same currency as the underlying New Zealand Swingline Loan was made. 

(f) Singapore Swingline Loans to Singapore Borrowers. The Singapore Swingline Lender shall make Singapore Swingline
Loans to any of the Singapore Borrowers on any Business Day during the period from the Closing Date to the Singapore Swingline Commitment Termination Date, not to exceed the Singapore Swingline Commitment in aggregate principal amount outstanding at
any time (based on the Dollar Equivalent thereof), which Singapore Swingline Loans may be repaid and reborrowed in accordance with the provisions of this Agreement; provided, however, that the Singapore Swingline Lender shall not honor
any request for a Singapore Swingline Loan on or after the Singapore Swingline Commitment Termination Date, if the Dollar Equivalent of the amount of the proposed Singapore Swingline Loan exceeds Singapore Availability on the proposed funding date
for such Singapore Swingline Loan or if the requirements of Section 2.11 are not satisfied. The Singapore Swingline Loans shall be Singapore Base Rate Loans and bear interest as set forth in Section 3.1. Each Singapore Swingline Loan shall
constitute a Revolver Loan for all purposes except that payments thereon shall be made to the Singapore Swingline Lender for its own account. The Singapore Swingline Loans of each Singapore Borrower shall be repaid in accordance with the terms of
this Agreement and shall be secured by all of the Singapore Facility Collateral of such Singapore Borrower. Each Singapore Swingline Loan shall be funded in Singapore Dollars or, at the option of the Applicable Singapore Borrower, Dollars and repaid
in the same currency as the underlying Singapore Swingline Loan was made. 
 (g) UK Alternate Swingline Loans
to UK Borrowers. The UK Swingline Lender shall make UK Alternate Swingline Loans to any of the UK Borrowers on any Business Day during the period from the Closing Date to the UK Swingline Commitment Termination Date, not to exceed the UK
Alternate Swingline Commitment in aggregate principal amount outstanding at any time (based on the Dollar Equivalent thereof), which UK Alternate Swingline Loans may be repaid and reborrowed in accordance with the provisions of this Agreement;
provided, however, that the UK Swingline Lender shall not honor any request for a UK Alternate Swingline Loan on or after the UK Swingline Commitment Termination Date, if the Dollar Equivalent of the amount of the proposed UK Alternate
Swingline Loan exceeds UK 

  
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Availability on the proposed funding date for such UK Alternate Swingline Loan or if the requirements of Section 2.11 are not satisfied. The UK Alternate Swingline Loans shall be UK Base
Rate Loans and bear interest as set forth in Section 3.1. Each UK Alternate Swingline Loan shall constitute a Revolver Loan for all purposes except that payments thereon shall be made to the UK Alternate Swingline Lender for its own account.
The UK Alternate Swingline Loans of each UK Borrower shall be repaid in accordance with the terms of this Agreement and shall be secured by all of the UK Facility Collateral of such UK Borrower. Each UK Alternate Swingline Loan shall be funded in
Australian Dollars, New Zealand Dollars, Singapore Dollars and such other currencies as the UK Swingline Lender may agree and repaid in the same currency as the underlying UK Alternate Swingline Loan was made. 

(h) UK Swingline Loans to UK Borrowers. The UK Swingline Lender shall make UK Swingline Loans to any of the UK
Borrowers on any Business Day during the period from the Closing Date to the UK Swingline Commitment Termination Date, not to exceed the UK Swingline Commitment in aggregate principal amount outstanding at any time (based on the Dollar Equivalent
thereof), which UK Swingline Loans may be repaid and reborrowed in accordance with the provisions of this Agreement; provided, however, that the UK Swingline Lender shall not honor any request for a UK Swingline Loan on or after the UK
Swingline Commitment Termination Date, if the Dollar Equivalent of the amount of the proposed UK Swingline Loan exceeds UK Availability on the proposed funding date for such UK Swingline Loan or if the requirements of Section 2.11 are not
satisfied. The UK Swingline Loans shall be UK Base Rate Loans and bear interest as set forth in Section 3.1. Each UK Swingline Loan shall constitute a Revolver Loan for all purposes except that payments thereon shall be made to the UK Swingline
Lender for its own account. The UK Swingline Loans of each UK Borrower shall be repaid in accordance with the terms of this Agreement and shall be secured by all of the UK Facility Collateral of such UK Borrower. Each UK Swingline Loan shall be
funded in Sterling or, at the option of the Applicable UK Borrower, Euros or Dollars and repaid in the same currency as the underlying UK Swingline Loan was made. 

(i) U.S. Swingline Loans to U.S. Borrowers. The U.S. Swingline Lender shall make U.S. Swingline Loans to any of the
U.S. Borrowers on any Business Day during the period from the Closing Date to the U.S. Swingline Commitment Termination Date, not to exceed the U.S. Swingline Commitment in aggregate principal amount outstanding at any time, which U.S. Swingline
Loans may be repaid and reborrowed in accordance with the provisions of this Agreement; provided, however, that the U.S. Swingline Lender shall not honor any request for a U.S. Swingline Loan on or after the U.S. Swingline Commitment
Termination Date or if the amount of the proposed U.S. Swingline Loan exceeds U.S. Availability on the proposed funding date for such U.S. Swingline Loan. The U.S. Swingline Loans shall be U.S. Base Rate Loans and bear interest as set forth in
Section 3.1. Each U.S. Swingline Loan shall constitute a Revolver Loan for all purposes except that payments thereon shall be made to the U.S. Swingline Lender for its own account. The U.S. Swingline Loans shall be repaid in accordance with the
terms of this Agreement and shall be secured by all of the U.S. Facility Collateral. The U.S. Borrowers shall be jointly and severally liable to pay all of the U.S. Swingline Loans. Each U.S. Swingline Loan shall be funded and repaid in Dollars.

  
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 (j) Swinglines Generally. The Swingline Loans made by each Swingline Lender and
interest accruing thereon shall be evidenced by the records of the Agent and such Swingline Lender and need not be evidenced by any promissory note. 
 2.2 Australian Letters of Credit. 
 2.2.1 Issuance of
Australian Letters of Credit. Each Australian Fronting Bank agrees to issue Australian Letters of Credit for the account of any Australian Borrower from time to time until the Facility Termination Date (or until the Australian Revolver
Commitment Termination Date, if earlier), in Australian Dollars or, at the option of the Applicable Australian Borrower, Dollars, Euros or Sterling, on the terms set forth herein, including the following: 

(a) Each Australian Borrower acknowledges that each Australian Fronting Bank’s willingness to issue any Australian Letter of Credit
is conditioned upon such Australian Fronting Bank’s receipt of an Australian LC Application with respect to the requested Australian Letter of Credit, as well as such other instruments and agreements as such Australian Fronting Bank may
customarily require for issuance of a letter of credit of similar type and amount. No Australian Fronting Bank shall have any obligation to issue any Australian Letter of Credit unless (i) such Australian Fronting Bank, Bank of America (Hong
Kong) and Bank of America (Australia) receive an Australian LC Request and Australian LC Application at least three Business Days prior to the requested date of issuance; (ii) each Australian LC Condition is satisfied; and (iii) if a
Defaulting Lender that is an Australian Lender exists, such Lender or Australian Borrowers have entered into arrangements reasonably satisfactory to Agent and such Australian Fronting Bank to eliminate any funding risk associated with such
Defaulting Lender. If an Australian Fronting Bank receives written notice from an Australian Lender at least three Business Days before issuance of an Australian Letter of Credit that any Australian LC Condition has not been satisfied, such
Australian Fronting Bank shall have no obligation to issue the requested Australian Letter of Credit (or any other) until such notice is withdrawn in writing by the Required Borrower Group Lenders or until the Required Borrower Group Lenders have
waived such condition in accordance with this Agreement. Prior to receipt of any such notice, an Australian Fronting Bank shall not be deemed to have knowledge of any failure of Australian LC Conditions. 

(b) The renewal or extension of any Australian Letter of Credit shall be treated as the issuance of a new Australian Letter of Credit,
except that delivery of a new Australian LC Application shall be required at the discretion of the applicable Australian Fronting Bank. No Australian Fronting Bank shall renew or extend any Australian Letter of Credit if it receives written notice
from the Agent or the Required Borrower Group Lenders of the existence of a Default or Event of Default. 
 (c) Australian
Borrowers assume all risks of the acts, omissions or misuses of any Australian Letter of Credit by the beneficiary. In connection with issuance of any Australian Letter of Credit, none of Agent, any Australian Fronting Bank or any Lender shall be
responsible for the existence, character, quality, quantity, condition, packing, value or delivery of any goods purported to be represented by any Documents; any differences or variation in the character, quality, quantity, condition, packing, value
or delivery of any goods from that expressed in any 

  
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Documents; the form, validity, sufficiency, accuracy, genuineness or legal effect of any Documents or of any endorsements thereon; the time, place, manner or order in which shipment of goods is
made; partial or incomplete shipment of, or failure to ship, any goods referred to in an Australian Letter of Credit or Documents; any deviation from instructions, delay, default or fraud by any shipper or other Person in connection with any goods,
shipment or delivery; any breach of contract between a shipper or vendor and an Australian Borrower; errors, omissions, interruptions or delays in transmission or delivery of any messages, by mail, cable, telegraph, telex, telecopy, e-mail,
telephone or otherwise; errors in interpretation of technical terms; the misapplication by a beneficiary of any Australian Letter of Credit or the proceeds thereof; or any consequences arising from causes beyond the control of any Australian
Fronting Bank, Agent or any Australian Lender, including any act or omission of a Governmental Authority. The rights and remedies of each Australian Fronting Bank under the Loan Documents shall be cumulative. Each Australian Fronting Bank shall be
fully subrogated to the rights and remedies of each beneficiary whose claims against Borrowers are discharged with proceeds of any Australian Letter of Credit issued by such Australian Fronting Bank. 

(d) In connection with its administration of and enforcement of rights or remedies under any Australian Letters of Credit or Australian
LC Documents, each Australian Fronting Bank shall be entitled to act, and shall be fully protected in acting, upon any certification, documentation or communication in whatever form believed by such Australian Fronting Bank, in good faith, to be
genuine and correct and to have been signed, sent or made by a proper Person. Each Australian Fronting Bank may consult with and employ legal counsel, accountants and other experts to advise it concerning its obligations, rights and remedies, and
shall be entitled to act upon, and shall be fully protected in any action taken in good faith reliance upon, any advice given by such experts. Each Australian Fronting Bank may employ agents and attorneys-in-fact in connection with any matter
relating to Australian Letters of Credit or Australian LC Documents, and shall not be liable for the negligence or misconduct of agents and attorneys-in-fact selected with reasonable care. 

2.2.2 Australian LC Reimbursement; Australian LC Participations. 

(a) If an Australian Fronting Bank honors any request for payment under an Australian Letter of Credit, the Applicable Australian
Borrower shall pay to such Australian Fronting Bank, on the same day (“Australian Reimbursement Date”), the amount paid by such Australian Fronting Bank under such Letter of Credit, together with interest at the interest rate for
Australian Base Rate Loans from the Australian Reimbursement Date until payment by the Applicable Australian Borrower. The obligation of the Applicable Australian Borrower to reimburse each Australian Fronting Bank for any payment made under an
Australian Letter of Credit issued by such Australian Fronting Bank shall be absolute, unconditional, irrevocable, and shall be paid without regard to any lack of validity or enforceability of any Australian Letter of Credit or the existence of any
claim, setoff, defense or other right that the Applicable Australian Borrower or Loan Parties may have at any time against the beneficiary. Whether or not the Applicable Australian Borrower submits a Notice of Borrowing, the Applicable Australian
Borrower shall be deemed to have requested a Borrowing of Australian Base Rate Loans in an amount necessary to pay all amounts due to an Australian Fronting Bank in the currency in which the underlying Australian Letter of Credit was issued on any
Australian Reimbursement Date and each Australian Lender agrees to fund its Pro Rata share of such Borrowing whether or not the Commitments have terminated, an Overadvance exists or is created thereby, or the conditions in Section 6 are
satisfied. 

  
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 (b) Upon issuance of an Australian Letter of Credit, each Australian Lender shall be deemed
to have irrevocably and unconditionally purchased from the Australian Fronting Bank that issued such Australian Letter of Credit, without recourse or warranty, an undivided Pro Rata interest and participation in all Australian LC Obligations
relating to the Australian Letter of Credit. If the applicable Australian Fronting Bank makes any payment under an Australian Letter of Credit and the Applicable Australian Borrower does not reimburse such payment on the Australian Reimbursement
Date, Agent shall promptly notify Australian Lenders and each Australian Lender shall promptly (within one Business Day) and unconditionally pay to Agent in the currency of the payment made under such Australian Letter of Credit, for the benefit of
such Australian Fronting Bank, the Australian Lender’s Pro Rata share of such payment. Upon request by an Australian Lender, the applicable Australian Fronting Bank shall furnish copies of any Australian Letters of Credit and Australian LC
Documents in its possession at such time. 
 (c) The obligation of each Australian Lender to make payments to Agent for the
account of the applicable Australian Fronting Bank in connection with such Australian Fronting Bank’s payment under an Australian Letter of Credit shall be absolute, unconditional and irrevocable, not subject to any counterclaim, setoff,
qualification or exception whatsoever, and shall be made in accordance with this Agreement under all circumstances, irrespective of any lack of validity or unenforceability of any Loan Documents; any draft, certificate or other document presented
under an Australian Letter of Credit having been determined to be forged, fraudulent, invalid or insufficient in any respect or any statement therein being untrue or inaccurate in any respect; or the existence of any setoff or defense that any Loan
Party may have with respect to any Obligations. No Australian Fronting Bank assumes any responsibility for any failure or delay in performance or any breach by any Australian Borrower or other Person of any obligations under any Australian LC
Documents. No Australian Fronting Bank makes any express or implied warranty, representation or guarantee to Australian Lenders with respect to the Australian Facility Collateral, the Australian LC Documents or any Australian Facility Loan Party. No
Australian Fronting Bank shall be responsible to any Australian Lender for any recitals, statements, information, representations or warranties contained in, or for the execution, validity, genuineness, effectiveness or enforceability of any
Australian LC Documents; the validity, genuineness, enforceability, collectability, value or sufficiency of any Australian Facility Collateral or the perfection of any Lien therein; or the assets, liabilities, financial condition, results of
operations, business, creditworthiness or legal status of any Australian Facility Loan Party. 
 (d) No Australian Fronting Bank
Indemnitee shall be liable to any Loan Party or other Person for any action taken or omitted to be taken in connection with any Australian LC Documents except as a result of such Australian Fronting Bank’s actual gross negligence, willful
misconduct or bad faith, as determined by a final, nonappealable judgment of a court of competent jurisdiction. No Australian Fronting Bank shall have any liability to any Lender if such Australian Fronting Bank refrains from any action under any
Australian Letter of Credit or Australian LC Documents until it receives written instructions from Required Borrower Group Lenders of Australian Borrowers. 

  
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 2.2.3 Australian LC Cash Collateral. If any Australian LC Obligations, whether
or not then due or payable, shall for any reason be outstanding at any time (a) that an Event of Default exists, (b) that an Australian Overadvance exists, (c) after the Australian Revolver Commitment Termination Date, or
(d) within five Business Days prior to the Facility Termination Date, then Australian Borrowers shall, within one Business Day of an Australian Fronting Bank’s or Agent’s request, Cash Collateralize the stated amount of all
outstanding Australian Letters of Credit issued by such Australian Fronting Banks and pay to each Australian Fronting Bank the amount of all other Australian LC Obligations to such Australian Fronting Bank. Australian Borrowers shall, within one
Business Day of demand by an Australian Fronting Bank’s or Agent from time to time, Cash Collateralize, with respect to the Australian Letters of Credit issued by such Australian Fronting Bank, the LC Obligations of any Defaulting Lender that
is an Australian Lender. If Australian Borrowers fail to provide any Cash Collateral as required hereunder, Australian Lenders may (and shall upon direction of Agent) advance, as Australian Revolver Loans, the amount of the Cash Collateral required
(whether or not the Australian Revolver Commitments have terminated, any Australian Overadvance exists or would result therefrom or the conditions in Section 6 are satisfied). 

2.3 Belgian Letters of Credit. 
 2.3.1 Issuance of Belgian Letters of Credit. Each Belgian Fronting Bank agrees to issue Belgian Letters of Credit for the account of any Belgian Borrower from time to time until the Facility
Termination Date (or until the Belgian Revolver Commitment Termination Date, if earlier), in Euros or, at the option of the Applicable Belgian Borrower, Dollars, on the terms set forth herein, including the following: 

(a) Each Belgian Borrower acknowledges that each Belgian Fronting Bank’s willingness to issue any Belgian Letter of Credit is
conditioned upon such Belgian Fronting Bank’s receipt of a Belgian LC Application with respect to the requested Belgian Letter of Credit, as well as such other instruments and agreements as such Belgian Fronting Bank may customarily require for
issuance of a letter of credit of similar type and amount. No Belgian Fronting Bank shall have any obligation to issue any Belgian Letter of Credit unless (i) such Belgian Fronting Bank and Bank of America (London) receive a Belgian LC Request
and Belgian LC Application at least three Business Days prior to the requested date of issuance; (ii) each Belgian LC Condition is satisfied; and (iii) if a Defaulting Lender that is a Belgian Lender exists, such Lender or Belgian
Borrowers have entered into arrangements reasonably satisfactory to Agent and such Belgian Fronting Bank to eliminate any funding risk associated with such Defaulting Lender. If a Belgian Fronting Bank receives written notice from a Belgian Lender
at least three Business Days before issuance of a Belgian Letter of Credit that any Belgian LC Condition has not been satisfied, such Belgian Fronting Bank shall have no obligation to issue the requested Belgian Letter of Credit (or any other) until
such notice is withdrawn in writing by the Required Borrower Group Lenders or until the Required Borrower Group Lenders have waived such condition in accordance with this Agreement. Prior to receipt of any such notice, a Belgian Fronting Bank shall
not be deemed to have knowledge of any failure of Belgian LC Conditions. 

  
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 (b) The renewal or extension of any Belgian Letter of Credit shall be treated as the
issuance of a new Belgian Letter of Credit, except that delivery of a new Belgian LC Application shall be required at the discretion of the applicable Belgian Fronting Bank. No Belgian Fronting Bank shall renew or extend any Belgian Letter of Credit
if it receives written notice from the Agent or the Required Borrower Group Lenders of the existence of a Default or Event of Default. 
 (c) Belgian Borrowers assume all risks of the acts, omissions or misuses of any Belgian Letter of Credit by the beneficiary. In connection with issuance of any Belgian Letter of Credit, none of Agent, any
Belgian Fronting Bank or any Lender shall be responsible for the existence, character, quality, quantity, condition, packing, value or delivery of any goods purported to be represented by any Documents; any differences or variation in the character,
quality, quantity, condition, packing, value or delivery of any goods from that expressed in any Documents; the form, validity, sufficiency, accuracy, genuineness or legal effect of any Documents or of any endorsements thereon; the time, place,
manner or order in which shipment of goods is made; partial or incomplete shipment of, or failure to ship, any goods referred to in a Belgian Letter of Credit or Documents; any deviation from instructions, delay, default or fraud by any shipper or
other Person in connection with any goods, shipment or delivery; any breach of contract between a shipper or vendor and a Belgian Borrower; errors, omissions, interruptions or delays in transmission or delivery of any messages, by mail, cable,
telegraph, telex, telecopy, e-mail, telephone or otherwise; errors in interpretation of technical terms; the misapplication by a beneficiary of any Belgian Letter of Credit or the proceeds thereof; or any consequences arising from causes beyond the
control of any Belgian Fronting Bank, Agent or any Belgian Lender, including any act or omission of a Governmental Authority. The rights and remedies of each Belgian Fronting Bank under the Loan Documents shall be cumulative. Each Belgian Fronting
Bank shall be fully subrogated to the rights and remedies of each beneficiary whose claims against Borrowers are discharged with proceeds of any Belgian Letter of Credit issued by such Belgian Fronting Bank. 

(d) In connection with its administration of and enforcement of rights or remedies under any Belgian Letters of Credit or Belgian LC
Documents, each Belgian Fronting Bank shall be entitled to act, and shall be fully protected in acting, upon any certification, documentation or communication in whatever form believed by such Belgian Fronting Bank, in good faith, to be genuine and
correct and to have been signed, sent or made by a proper Person. Each Belgian Fronting Bank may consult with and employ legal counsel, accountants and other experts to advise it concerning its obligations, rights and remedies, and shall be entitled
to act upon, and shall be fully protected in any action taken in good faith reliance upon, any advice given by such experts. Each Belgian Fronting Bank may employ agents and attorneys-in-fact in connection with any matter relating to Belgian Letters
of Credit or Belgian LC Documents, and shall not be liable for the negligence or misconduct of agents and attorneys-in-fact selected with reasonable care. 
 2.3.2 Belgian LC Reimbursement; Belgian LC Participations. 
 (a) If
a Belgian Fronting Bank honors any request for payment under a Belgian Letter of Credit, the Applicable Belgian Borrower shall pay to such Belgian Fronting Bank, on the same day (“Belgian Reimbursement Date”), the amount paid by
such Belgian Fronting Bank under such Letter of Credit, together with interest at the interest rate for Belgian Base Rate Loans from the Belgian Reimbursement Date until payment by the Applicable Belgian

  
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Borrower. The obligation of the Applicable Belgian Borrower to reimburse each Belgian Fronting Bank for any payment made under a Belgian Letter of Credit issued by such Belgian Fronting Bank
shall be absolute, unconditional, irrevocable, and shall be paid without regard to any lack of validity or enforceability of any Belgian Letter of Credit or the existence of any claim, setoff, defense or other right that the Applicable Belgian
Borrower or Loan Parties may have at any time against the beneficiary. Whether or not the Applicable Belgian Borrower submits a Notice of Borrowing, the Applicable Belgian Borrower shall be deemed to have requested a Borrowing of Belgian Base Rate
Loans in an amount necessary to pay all amounts due to a Belgian Fronting Bank in the currency in which the underlying Belgian Letter of Credit was issued on any Belgian Reimbursement Date and each Belgian Lender agrees to fund its Pro Rata share of
such Borrowing whether or not the Commitments have terminated, an Overadvance exists or is created thereby, or the conditions in Section 6 are satisfied. 
 (b) Upon issuance of a Belgian Letter of Credit, each Belgian Lender shall be deemed to have irrevocably and unconditionally purchased from the Belgian Fronting Bank that issued such Belgian Letter of
Credit, without recourse or warranty, an undivided Pro Rata interest and participation in all Belgian LC Obligations relating to the Belgian Letter of Credit. If the applicable Belgian Fronting Bank makes any payment under a Belgian Letter of Credit
and the Applicable Belgian Borrower does not reimburse such payment on the Belgian Reimbursement Date, Agent shall promptly notify Belgian Lenders and each Belgian Lender shall promptly (within one Business Day) and unconditionally pay to Agent in
the currency of the payment made under such Belgian Letter of Credit, for the benefit of the Belgian Fronting Bank, the Belgian Lender’s Pro Rata share of such payment. Upon request by a Belgian Lender, the applicable Belgian Fronting Bank
shall furnish copies of any Belgian Letters of Credit and Belgian LC Documents in its possession at such time. 
 (c) The
obligation of each Belgian Lender to make payments to Agent for the account of the applicable Belgian Fronting Bank in connection with such Belgian Fronting Bank’s payment under a Belgian Letter of Credit shall be absolute, unconditional and
irrevocable, not subject to any counterclaim, setoff, qualification or exception whatsoever, and shall be made in accordance with this Agreement under all circumstances, irrespective of any lack of validity or unenforceability of any Loan Documents;
any draft, certificate or other document presented under a Belgian Letter of Credit having been determined to be forged, fraudulent, invalid or insufficient in any respect or any statement therein being untrue or inaccurate in any respect; or the
existence of any setoff or defense that any Loan Party may have with respect to any Obligations. No Belgian Fronting Bank assumes any responsibility for any failure or delay in performance or any breach by any Belgian Borrower or other Person of any
obligations under any Belgian LC Documents. No Belgian Fronting Bank makes any express or implied warranty, representation or guarantee to Belgian Lenders with respect to the Belgian Facility Collateral, the Belgian LC Documents or any Belgian
Facility Loan Party. No Belgian Fronting Bank shall be responsible to any Belgian Lender for any recitals, statements, information, representations or warranties contained in, or for the execution, validity, genuineness, effectiveness or
enforceability of any Belgian LC Documents; the validity, genuineness, enforceability, collectability, value or sufficiency of any Belgian Facility Collateral or the perfection of any Lien therein; or the assets, liabilities, financial condition,
results of operations, business, creditworthiness or legal status of any Belgian Facility Loan Party. 

  
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 (d) No Belgian Fronting Bank Indemnitee shall be liable to any Loan Party or other Person
for any action taken or omitted to be taken in connection with any Belgian LC Documents except as a result of such Belgian Fronting Bank’s actual gross negligence, willful misconduct or bad faith, as determined by a final, nonappealable
judgment of a court of competent jurisdiction. No Belgian Fronting Bank shall have any liability to any Lender if such Belgian Fronting Bank refrains from any action under any Belgian Letter of Credit or Belgian LC Documents until it receives
written instructions from Required Borrower Group Lenders of Belgian Borrowers. 
 2.3.3 Belgian LC Cash
Collateral. If any Belgian LC Obligations, whether or not then due or payable, shall for any reason be outstanding at any time (a) that an Event of Default exists, (b) that a Belgian Overadvance exists, (c) after the Belgian
Revolver Commitment Termination Date, or (d) within five Business Days prior to the Facility Termination Date, then Belgian Borrowers shall, within one Business Day of the Belgian Fronting Bank’s or Agent’s request, Cash Collateralize
the stated amount of all outstanding Belgian Letters of Credit and pay to each Belgian Fronting Bank the amount of all other Belgian LC Obligations to such Belgian Fronting Bank. Belgian Borrowers shall, within one Business Day of demand by the
Belgian Fronting Bank’s or Agent from time to time, Cash Collateralize the LC Obligations of any Defaulting Lender that is a Belgian Lender. If Belgian Borrowers fail to provide any Cash Collateral as required hereunder, Belgian Lenders may
(and shall upon direction of Agent) advance, as Belgian Revolver Loans, the amount of the Cash Collateral required (whether or not the Belgian Revolver Commitments have terminated, any Belgian Overadvance exists or would result therefrom or the
conditions in Section 6 are satisfied). 
 2.4 Canadian Letters of Credit. 

2.4.1 Issuance of Canadian Letters of Credit. Each Canadian Fronting Bank agrees to issue Canadian Letters of Credit for
the account of any Canadian Borrower from time to time until the Facility Termination Date (or until the Canadian Revolver Commitment Termination Date, if earlier), in Canadian Dollars or, at the option of the Applicable Canadian Borrower, Dollars,
on the terms set forth herein, including the following: 
 (a) Each Canadian Borrower acknowledges that each Canadian Fronting
Bank’s willingness to issue any Canadian Letter of Credit is conditioned upon such Canadian Fronting Bank’s receipt of a Canadian LC Application with respect to the requested Canadian Letter of Credit, as well as such other instruments and
agreements as such Canadian Fronting Bank may customarily require for issuance of a letter of credit of similar type and amount. No Canadian Fronting Bank shall have any obligation to issue any Canadian Letter of Credit unless (i) such Canadian
Fronting Bank and Agent receive a Canadian LC Request and Canadian LC Application at least three Business Days prior to the requested date of issuance; (ii) each Canadian LC Condition is satisfied; and (iii) if a Defaulting Lender that is
a Canadian Lender exists, such Lender or Canadian Borrowers have entered into arrangements reasonably satisfactory to Agent and such Canadian Fronting Bank to eliminate any funding risk associated with such Defaulting Lender. If a Canadian Fronting
Bank receives written notice from a Canadian Lender at least three Business Days before issuance of a Canadian Letter of Credit that any Canadian LC Condition has not been satisfied, such Canadian Fronting Bank shall have no obligation to issue the
requested Canadian Letter of Credit (or any other) until such notice is 

  
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withdrawn in writing by the Required Borrower Group Lenders or until the Required Borrower Group Lenders have waived such condition in accordance with this Agreement. Prior to receipt of any such
notice, a Canadian Fronting Bank shall not be deemed to have knowledge of any failure of Canadian LC Conditions. 
 (b) The
renewal or extension of any Canadian Letter of Credit shall be treated as the issuance of a new Canadian Letter of Credit, except that delivery of a new Canadian LC Application shall be required at the discretion of the applicable Canadian Fronting
Bank. No Canadian Fronting Bank shall renew or extend any Canadian Letter of Credit if it receives written notice from the Agent or the Required Borrower Group Lenders of the existence of a Default or Event of Default. 

(c) Canadian Borrowers assume all risks of the acts, omissions or misuses of any Canadian Letter of Credit by the beneficiary. In
connection with issuance of any Canadian Letter of Credit, none of Agent, any Canadian Fronting Bank or any Lender shall be responsible for the existence, character, quality, quantity, condition, packing, value or delivery of any goods purported to
be represented by any Documents; any differences or variation in the character, quality, quantity, condition, packing, value or delivery of any goods from that expressed in any Documents; the form, validity, sufficiency, accuracy, genuineness or
legal effect of any Documents or of any endorsements thereon; the time, place, manner or order in which shipment of goods is made; partial or incomplete shipment of, or failure to ship, any goods referred to in a Canadian Letter of Credit or
Documents; any deviation from instructions, delay, default or fraud by any shipper or other Person in connection with any goods, shipment or delivery; any breach of contract between a shipper or vendor and a Canadian Borrower; errors, omissions,
interruptions or delays in transmission or delivery of any messages, by mail, cable, telegraph, telex, telecopy, e-mail, telephone or otherwise; errors in interpretation of technical terms; the misapplication by a beneficiary of any Canadian Letter
of Credit or the proceeds thereof; or any consequences arising from causes beyond the control of any Canadian Fronting Bank, Agent or any Canadian Lender, including any act or omission of a Governmental Authority. The rights and remedies of each
Canadian Fronting Bank under the Loan Documents shall be cumulative. Each Canadian Fronting Bank shall be fully subrogated to the rights and remedies of each beneficiary whose claims against Borrowers are discharged with proceeds of any Canadian
Letter of Credit issued by such Canadian Fronting Bank. 
 (d) In connection with its administration of and enforcement of
rights or remedies under any Canadian Letters of Credit or Canadian LC Documents, each Canadian Fronting Bank shall be entitled to act, and shall be fully protected in acting, upon any certification, documentation or communication in whatever form
believed by such Canadian Fronting Bank, in good faith, to be genuine and correct and to have been signed, sent or made by a proper Person. Each Canadian Fronting Bank may consult with and employ legal counsel, accountants and other experts to
advise it concerning its obligations, rights and remedies, and shall be entitled to act upon, and shall be fully protected in any action taken in good faith reliance upon, any advice given by such experts. Each Canadian Fronting Bank may employ
agents and attorneys-in-fact in connection with any matter relating to Canadian Letters of Credit or Canadian LC Documents, and shall not be liable for the negligence or misconduct of agents and attorneys-in-fact selected with reasonable care.

  
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 2.4.2 Canadian LC Reimbursement; Canadian LC Participations. 

(a) If a Canadian Fronting Bank honors any request for payment under a Canadian Letter of Credit, the Applicable Canadian Borrower shall
pay to such Canadian Fronting Bank, on the same day (“Canadian Reimbursement Date”), the amount paid by such Canadian Fronting Bank under such Letter of Credit, together with interest at the interest rate for Canadian Prime Rate
Loans (if the Canadian Letter of Credit was denominated in Canadian Dollars) and Canadian Base Rate Loans (if the Canadian Letter of Credit was denominated in Dollars), in each case, from the Canadian Reimbursement Date until payment by Canadian
Borrower. The obligation of the Applicable Canadian Borrower to reimburse each Canadian Fronting Bank for any payment made under a Canadian Letter of Credit issued by such Canadian Fronting Bank shall be absolute, unconditional, irrevocable, and
shall be paid without regard to any lack of validity or enforceability of any Canadian Letter of Credit or the existence of any claim, setoff, defense or other right that the Applicable Canadian Borrower or Loan Parties may have at any time against
the beneficiary. Whether or not the Initial Canadian Borrower submits a Notice of Borrowing, the Applicable Canadian Borrower shall be deemed to have requested a Borrowing of Canadian Prime Rate Loans or Canadian Base Rate Loans, as applicable, in
an amount necessary to pay all amounts due to a Canadian Fronting Bank in the currency in which the underlying Canadian Letter of Credit was issued on any Canadian Reimbursement Date and each Canadian Lender agrees to fund its Pro Rata share of such
Borrowing whether or not the Commitments have terminated, an Overadvance exists or is created thereby, or the conditions in Section 6 are satisfied. 
 (b) Upon issuance of a Canadian Letter of Credit, each Canadian Lender shall be deemed to have irrevocably and unconditionally purchased from the Canadian Fronting Bank that issued such Canadian Letter of
Credit, without recourse or warranty, an undivided Pro Rata interest and participation in all Canadian LC Obligations relating to the Canadian Letter of Credit. If the applicable Canadian Fronting Bank makes any payment under a Canadian Letter of
Credit and the Applicable Canadian Borrower does not reimburse such payment on the Canadian Reimbursement Date, Agent shall promptly notify Canadian Lenders and each Canadian Lender shall promptly (within one Business Day) and unconditionally pay to
Agent in the currency of the payment made under such Canadian Letter of Credit, for the benefit of the Canadian Fronting Bank, the Canadian Lender’s Pro Rata share of such payment. Upon request by a Canadian Lender, the applicable Canadian
Fronting Bank shall furnish copies of any Canadian Letters of Credit and Canadian LC Documents in its possession at such time. 

(c) The obligation of each Canadian Lender to make payments to Agent for the account of the applicable Canadian Fronting Bank in
connection with such Canadian Fronting Bank’s payment under a Canadian Letter of Credit shall be absolute, unconditional and irrevocable, not subject to any counterclaim, setoff, qualification or exception whatsoever, and shall be made in
accordance with this Agreement under all circumstances, irrespective of any lack of validity or unenforceability of any Loan Documents; any draft, certificate or other document presented under a Canadian Letter of Credit having been determined to be
forged, fraudulent, invalid or insufficient in any respect or any statement therein being untrue or inaccurate in any respect; or the existence of any setoff or defense that any Loan Party may have with respect to any Obligations. No Canadian
Fronting Bank assumes any responsibility for any failure or delay in performance or any breach by any Canadian Borrower or other Person of any 

  
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 obligations under any Canadian LC Documents. No Canadian Fronting Bank makes any express or implied
warranty, representation or guarantee to Canadian Lenders with respect to the Canadian Facility Collateral, Canadian LC Documents or any Canadian Facility Loan Party. No Canadian Fronting Bank shall be responsible to any Canadian Lender for any
recitals, statements, information, representations or warranties contained in, or for the execution, validity, genuineness, effectiveness or enforceability of any Canadian LC Documents; the validity, genuineness, enforceability, collectability,
value or sufficiency of any Canadian Facility Collateral or the perfection of any Lien therein; or the assets, liabilities, financial condition, results of operations, business, creditworthiness or legal status of any Canadian Facility Loan Party.

 (d) No Canadian Fronting Bank Indemnitee shall be liable to any Loan Party or other Person for any action taken or omitted to
be taken in connection with any Canadian LC Documents except as a result of such Canadian Fronting Bank’s actual gross negligence, willful misconduct or bad faith, as determined by a final, nonappealable judgment of a court of competent
jurisdiction. No Canadian Fronting Bank shall have any liability to any Lender if such Canadian Fronting Bank refrains from any action under any Canadian Letter of Credit or Canadian LC Documents until it receives written instructions from Required
Borrower Group Lenders of Canadian Borrowers. 
 2.4.3 Canadian LC Cash Collateral. If any Canadian LC
Obligations, whether or not then due or payable, shall for any reason be outstanding at any time (a) that an Event of Default exists, (b) that a Canadian Overadvance exists, (c) after the Canadian Revolver Commitment Termination Date,
or (d) within five Business Days prior to the Facility Termination Date, then Canadian Borrowers shall, within one Business Day of the Canadian Fronting Bank’s or Agent’s request, Cash Collateralize the stated amount of all
outstanding Canadian Letters of Credit and pay to each Canadian Fronting Bank the amount of all other Canadian LC Obligations to such Canadian Fronting Bank. Canadian Borrowers shall, within one Business Day of demand by the Canadian Fronting
Bank’s or Agent from time to time, Cash Collateralize the LC Obligations of any Defaulting Lender that is a Canadian Lender. If Canadian Borrowers fail to provide any Cash Collateral as required hereunder, Canadian Lenders may (and shall upon
direction of Agent) advance, as Canadian Revolver Loans, the amount of the Cash Collateral required (whether or not the Canadian Revolver Commitments have terminated, any Canadian Overadvance exists or would result therefrom or the conditions in
Section 6 are satisfied). 
 2.5 Dutch Letters of Credit. 

2.5.1 Issuance of Dutch Letters of Credit. Each Dutch Fronting Bank agrees to issue Dutch Letters of Credit for the account
of any Dutch Borrower from time to time until the Facility Termination Date (or until the Dutch Revolver Commitment Termination Date, if earlier), in Euros or, at the option of the Applicable Dutch Borrower, Dollars, on the terms set forth herein,
including the following: 
 (a) Each Dutch Borrower acknowledges that each Dutch Fronting Bank’s willingness to issue any
Dutch Letter of Credit is conditioned upon such Dutch Fronting Bank’s receipt of a Dutch LC Application with respect to the requested Dutch Letter of Credit, as well as 

  
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 such other instruments and agreements as such Dutch Fronting Bank may customarily require for issuance of a
letter of credit of similar type and amount. No Dutch Fronting Bank shall have any obligation to issue any Dutch Letter of Credit unless (i) such Dutch Fronting Bank and Bank of America (London) receive a Dutch LC Request and Dutch LC
Application at least three Business Days prior to the requested date of issuance; (ii) each Dutch LC Condition is satisfied; and (iii) if a Defaulting Lender that is a Dutch Lender exists, such Lender or Dutch Borrowers have entered into
arrangements reasonably satisfactory to Agent and such Dutch Fronting Bank to eliminate any funding risk associated with such Defaulting Lender. If a Dutch Fronting Bank receives written notice from a Dutch Lender at least three Business Days before
issuance of a Dutch Letter of Credit that any Dutch LC Condition has not been satisfied, such Dutch Fronting Bank shall have no obligation to issue the requested Dutch Letter of Credit (or any other) until such notice is withdrawn in writing by the
Required Borrower Group Lenders or until the Required Borrower Group Lenders have waived such condition in accordance with this Agreement. Prior to receipt of any such notice, a Dutch Fronting Bank shall not be deemed to have knowledge of any
failure of Dutch LC Conditions. 
 (b) The renewal or extension of any Dutch Letter of Credit shall be treated as the issuance
of a new Dutch Letter of Credit, except that delivery of a new Dutch LC Application shall be required at the discretion of the applicable Dutch Fronting Bank. No Dutch Fronting Bank shall renew or extend any Dutch Letter of Credit if it receives
written notice from the Agent or the Required Borrower Group Lenders of the existence of a Default or Event of Default. 
 (c)
Dutch Borrowers assume all risks of the acts, omissions or misuses of any Dutch Letter of Credit by the beneficiary. In connection with issuance of any Dutch Letter of Credit, none of Agent, any Dutch Fronting Bank or any Lender shall be responsible
for the existence, character, quality, quantity, condition, packing, value or delivery of any goods purported to be represented by any Documents; any differences or variation in the character, quality, quantity, condition, packing, value or delivery
of any goods from that expressed in any Documents; the form, validity, sufficiency, accuracy, genuineness or legal effect of any Documents or of any endorsements thereon; the time, place, manner or order in which shipment of goods is made; partial
or incomplete shipment of, or failure to ship, any goods referred to in a Dutch Letter of Credit or Documents; any deviation from instructions, delay, default or fraud by any shipper or other Person in connection with any goods, shipment or
delivery; any breach of contract between a shipper or vendor and a Dutch Borrower; errors, omissions, interruptions or delays in transmission or delivery of any messages, by mail, cable, telegraph, telex, telecopy, e-mail, telephone or otherwise;
errors in interpretation of technical terms; the misapplication by a beneficiary of any Dutch Letter of Credit or the proceeds thereof; or any consequences arising from causes beyond the control of any Dutch Fronting Bank, Agent or any Dutch Lender,
including any act or omission of a Governmental Authority. The rights and remedies of each Dutch Fronting Bank under the Loan Documents shall be cumulative. Each Dutch Fronting Bank shall be fully subrogated to the rights and remedies of each
beneficiary whose claims against Borrowers are discharged with proceeds of any Dutch Letter of Credit. 
 (d) In connection with
its administration of and enforcement of rights or remedies under any Dutch Letters of Credit or Dutch LC Documents, each Dutch Fronting Bank shall be entitled to act, and shall be fully protected in acting, upon any certification, 

  
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documentation or communication in whatever form believed by such Dutch Fronting Bank, in good faith, to be genuine and correct and to have been signed, sent or made by a proper Person. Each Dutch
Fronting Bank may consult with and employ legal counsel, accountants and other experts to advise it concerning its obligations, rights and remedies, and shall be entitled to act upon, and shall be fully protected in any action taken in good faith
reliance upon, any advice given by such experts. Each Dutch Fronting Bank may employ agents and attorneys-in-fact in connection with any matter relating to Dutch Letters of Credit or Dutch LC Documents, and shall not be liable for the negligence or
misconduct of agents and attorneys-in-fact selected with reasonable care. 
 2.5.2 Dutch LC Reimbursement; Dutch LC
Participations. 
 (a) If a Dutch Fronting Bank honors any request for payment under a Dutch Letter of Credit, the
Applicable Dutch Borrower shall pay to such Dutch Fronting Bank, on the same day (“Dutch Reimbursement Date”), the amount paid by such Dutch Fronting Bank under such Letter of Credit, together with interest at the interest rate for
Dutch Base Rate Loans from the Dutch Reimbursement Date until payment by the Applicable Dutch Borrower. The obligation of the Applicable Dutch Borrower to reimburse each Dutch Fronting Bank for any payment made under a Dutch Letter of Credit issued
by such Dutch Fronting Bank shall be absolute, unconditional, irrevocable, and shall be paid without regard to any lack of validity or enforceability of any Dutch Letter of Credit or the existence of any claim, setoff, defense or other right that
the Applicable Dutch Borrower or Loan Parties may have at any time against the beneficiary. Whether or not the Applicable Dutch Borrower submits a Notice of Borrowing, the Applicable Dutch Borrower shall be deemed to have requested a Borrowing of
Dutch Base Rate Loans in an amount necessary to pay all amounts due a Dutch Fronting Bank in the currency in which the underlying Dutch Letter of Credit was issued on any Dutch Reimbursement Date and each Dutch Lender agrees to fund its Pro Rata
share of such Borrowing whether or not the Commitments have terminated, an Overadvance exists or is created thereby, or the conditions in Section 6 are satisfied. 
 (b) Upon issuance of a Dutch Letter of Credit, each Dutch Lender shall be deemed to have irrevocably and unconditionally purchased from the Dutch Fronting Bank that issued such Dutch Letter of Credit,
without recourse or warranty, an undivided Pro Rata interest and participation in all Dutch LC Obligations relating to the Dutch Letter of Credit. If the applicable Dutch Fronting Bank makes any payment under a Dutch Letter of Credit and the
Applicable Dutch Borrower does not reimburse such payment on the Dutch Reimbursement Date, Agent shall promptly notify Dutch Lenders and each Dutch Lender shall promptly (within one Business Day) and unconditionally pay to Agent in the currency of
the payment made under such Dutch Letter of Credit, for the benefit of the Dutch Fronting Bank, the Dutch Lender’s Pro Rata share of such payment. Upon request by a Dutch Lender, the applicable Dutch Fronting Bank shall furnish copies of any
Dutch Letters of Credit and Dutch LC Documents in its possession at such time. 
 (c) The obligation of each Dutch Lender to
make payments to Agent for the account of the applicable Dutch Fronting Bank in connection with such Dutch Fronting Bank’s payment under a Dutch Letter of Credit shall be absolute, unconditional and irrevocable, not subject to any counterclaim,
setoff, qualification or exception whatsoever, and shall be made in 

  
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 accordance with this Agreement under all circumstances, irrespective of any lack of validity or
unenforceability of any Loan Documents; any draft, certificate or other document presented under a Dutch Letter of Credit having been determined to be forged, fraudulent, invalid or insufficient in any respect or any statement therein being untrue
or inaccurate in any respect; or the existence of any setoff or defense that any Loan Party may have with respect to any Obligations. No Dutch Fronting Bank assumes any responsibility for any failure or delay in performance or any breach by any
Dutch Borrower or other Person of any obligations under any Dutch LC Documents. No Dutch Fronting Bank makes any express or implied warranty, representation or guarantee to Dutch Lenders with respect to the Dutch Facility Collateral, the Dutch LC
Documents or any Dutch Facility Loan Party. No Dutch Fronting Bank shall be responsible to any Dutch Lender for any recitals, statements, information, representations or warranties contained in, or for the execution, validity, genuineness,
effectiveness or enforceability of any Dutch LC Documents; the validity, genuineness, enforceability, collectability, value or sufficiency of any Dutch Facility Collateral or the perfection of any Lien therein; or the assets, liabilities, financial
condition, results of operations, business, creditworthiness or legal status of any Dutch Facility Loan Party. 
 (d) No Dutch
Fronting Bank Indemnitee shall be liable to any Loan Party or other Person for any action taken or omitted to be taken in connection with any Dutch LC Documents except as a result of each Dutch Fronting Bank’s actual gross negligence, willful
misconduct or bad faith, as determined by a final, nonappealable judgment of a court of competent jurisdiction. No Dutch Fronting Bank shall have any liability to any Lender if such Dutch Fronting Bank refrains from any action under any Dutch Letter
of Credit or Dutch LC Documents until it receives written instructions from Required Borrower Group Lenders of Dutch Borrowers. 

2.5.3 Dutch LC Cash Collateral. If any Dutch LC Obligations, whether or not then due or payable, shall for any reason be
outstanding at any time (a) that an Event of Default exists, (b) that a Dutch Overadvance exists, (c) after the Dutch Revolver Commitment Termination Date, or (d) within five Business Days prior to the Facility Termination Date,
then Dutch Borrowers shall, within one Business Day of the Dutch Fronting Bank’s or Agent’s request, Cash Collateralize the stated amount of all outstanding Dutch Letters of Credit and pay to each Dutch Fronting Bank the amount of all
other Dutch LC Obligations to such Dutch Fronting Bank. Dutch Borrowers shall, within one Business Day of demand by the Dutch Fronting Bank’s or Agent from time to time, Cash Collateralize the LC Obligations of any Defaulting Lender that is a
Dutch Lender. If Dutch Borrowers fail to provide any Cash Collateral as required hereunder, Dutch Lenders may (and shall upon direction of Agent) advance, as Dutch Revolver Loans, the amount of the Cash Collateral required (whether or not the Dutch
Revolver Commitments have terminated, any Dutch Overadvance exists or would result therefrom or the conditions in Section 6 are satisfied). 
 2.6 New Zealand Letters of Credit. 
 2.6.1 Issuance of New
Zealand Letters of Credit. Each New Zealand Fronting Bank agrees to issue New Zealand Letters of Credit for the account of any New Zealand Borrower from time to time until the Facility Termination Date (or until the New Zealand Revolver
Commitment Termination Date, if earlier), in New Zealand Dollars or, at the option of the Applicable New Zealand Borrower, Dollars or Euros, on the terms set forth herein, including the following: 

  
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 (a) Each New Zealand Borrower acknowledges that each New Zealand Fronting Bank’s
willingness to issue any New Zealand Letter of Credit is conditioned upon such New Zealand Fronting Bank’s receipt of a New Zealand LC Application with respect to the requested New Zealand Letter of Credit, as well as such other instruments and
agreements as such New Zealand Fronting Bank may customarily require for issuance of a letter of credit of similar type and amount. No New Zealand Fronting Bank shall have any obligation to issue any New Zealand Letter of Credit unless (i) such
New Zealand Fronting Bank, Bank of America (Hong Kong) and Bank of America (Australia) receive a New Zealand LC Request and New Zealand LC Application at least three Business Days prior to the requested date of issuance; (ii) each New Zealand
LC Condition is satisfied; and (iii) if a Defaulting Lender that is a New Zealand Lender exists, such Lender or New Zealand Borrowers have entered into arrangements reasonably satisfactory to Agent and such New Zealand Fronting Bank to
eliminate any funding risk associated with such Defaulting Lender. If a New Zealand Fronting Bank receives written notice from a New Zealand Lender at least three Business Days before issuance of a New Zealand Letter of Credit that any New Zealand
LC Condition has not been satisfied, such New Zealand Fronting Bank shall have no obligation to issue the requested New Zealand Letter of Credit (or any other) until such notice is withdrawn in writing by the Required Borrower Group Lenders or until
the Required Borrower Group Lenders have waived such condition in accordance with this Agreement. Prior to receipt of any such notice, a New Zealand Fronting Bank shall not be deemed to have knowledge of any failure of New Zealand LC Conditions.

 (b) The renewal or extension of any New Zealand Letter of Credit shall be treated as the issuance of a new New Zealand Letter
of Credit, except that delivery of a new New Zealand LC Application shall be required at the discretion of the applicable New Zealand Fronting Bank. No New Zealand Fronting Bank shall renew or extend any New Zealand Letter of Credit if it receives
written notice from the Agent or the Required Borrower Group Lenders of the existence of a Default or Event of Default. 
 (c)
New Zealand Borrowers assume all risks of the acts, omissions or misuses of any New Zealand Letter of Credit by the beneficiary. In connection with issuance of any New Zealand Letter of Credit, none of Agent, any New Zealand Fronting Bank or any
Lender shall be responsible for the existence, character, quality, quantity, condition, packing, value or delivery of any goods purported to be represented by any Documents; any differences or variation in the character, quality, quantity,
condition, packing, value or delivery of any goods from that expressed in any Documents; the form, validity, sufficiency, accuracy, genuineness or legal effect of any Documents or of any endorsements thereon; the time, place, manner or order in
which shipment of goods is made; partial or incomplete shipment of, or failure to ship, any goods referred to in a New Zealand Letter of Credit or Documents; any deviation from instructions, delay, default or fraud by any shipper or other Person in
connection with any goods, shipment or delivery; any breach of contract between a shipper or vendor and a New Zealand Borrower; errors, omissions, interruptions or delays in transmission or delivery of any messages, by mail, cable, telegraph, telex,
telecopy, e-mail, telephone or otherwise; errors in interpretation of technical terms; the misapplication by a beneficiary of any New Zealand Letter of Credit or the proceeds thereof; or any consequences arising from causes beyond the control of any
New 

  
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 Zealand Fronting Bank, Agent or any New Zealand Lender, including any act or omission of a Governmental
Authority. The rights and remedies of each New Zealand Fronting Bank under the Loan Documents shall be cumulative. Each New Zealand Fronting Bank shall be fully subrogated to the rights and remedies of each beneficiary whose claims against Borrowers
are discharged with proceeds of any New Zealand Letter of Credit issued by such New Zealand Fronting Bank. 
 (d) In connection
with its administration of and enforcement of rights or remedies under any New Zealand Letters of Credit or New Zealand LC Documents, each New Zealand Fronting Bank shall be entitled to act, and shall be fully protected in acting, upon any
certification, documentation or communication in whatever form believed by such New Zealand Fronting Bank, in good faith, to be genuine and correct and to have been signed, sent or made by a proper Person. Each New Zealand Fronting Bank may consult
with and employ legal counsel, accountants and other experts to advise it concerning its obligations, rights and remedies, and shall be entitled to act upon, and shall be fully protected in any action taken in good faith reliance upon, any advice
given by such experts. Each New Zealand Fronting Bank may employ agents and attorneys-in-fact in connection with any matter relating to New Zealand Letters of Credit or New Zealand LC Documents, and shall not be liable for the negligence or
misconduct of agents and attorneys-in-fact selected with reasonable care. 
 2.6.2 New Zealand LC Reimbursement; New
Zealand LC Participations. 
 (a) If a New Zealand Fronting Bank honors any request for payment under a New Zealand
Letter of Credit, the Applicable New Zealand Borrower shall pay to such New Zealand Fronting Bank, on the same day (“New Zealand Reimbursement Date”), the amount paid by such New Zealand Fronting Bank under such Letter of Credit,
together with interest at the interest rate for New Zealand Base Rate Loans from the New Zealand Reimbursement Date until payment by the Applicable New Zealand Borrower. The obligation of the Applicable New Zealand Borrower to reimburse each New
Zealand Fronting Bank for any payment made under a New Zealand Letter of Credit issued by such New Zealand Fronting Bank shall be absolute, unconditional, irrevocable, and shall be paid without regard to any lack of validity or enforceability of any
New Zealand Letter of Credit or the existence of any claim, setoff, defense or other right that the Applicable New Zealand Borrower or Loan Parties may have at any time against the beneficiary. Whether or not the Applicable New Zealand Borrower
submits a Notice of Borrowing, the Applicable New Zealand Borrower shall be deemed to have requested a Borrowing of New Zealand Base Rate Loans in an amount necessary to pay all amounts due a New Zealand Fronting Bank in the currency in which the
underlying New Zealand Letter of Credit was issued on any New Zealand Reimbursement Date and each New Zealand Lender agrees to fund its Pro Rata share of such Borrowing whether or not the Commitments have terminated, an Overadvance exists or is
created thereby, or the conditions in Section 6 are satisfied. 
 (b) Upon issuance of a New Zealand Letter of Credit, each
New Zealand Lender shall be deemed to have irrevocably and unconditionally purchased from the New Zealand Fronting Bank that issued such New Zealand Letter of Credit, without recourse or warranty, an undivided Pro Rata interest and participation in
all New Zealand LC Obligations relating to the New Zealand Letter of Credit. If the applicable New Zealand Fronting Bank 

  
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 makes any payment under a New Zealand Letter of Credit and the Applicable New Zealand Borrower does not
reimburse such payment on the New Zealand Reimbursement Date, Agent shall promptly notify New Zealand Lenders and each New Zealand Lender shall promptly (within one Business Day) and unconditionally pay to Agent in the currency of the payment made
under such New Zealand Letter of Credit, for the benefit of the New Zealand Fronting Bank, the New Zealand Lender’s Pro Rata share of such payment. Upon request by a New Zealand Lender, the applicable New Zealand Fronting Bank shall furnish
copies of any New Zealand Letters of Credit and New Zealand LC Documents in its possession at such time. 
 (c) The obligation
of each New Zealand Lender to make payments to Agent for the account of the applicable New Zealand Fronting Bank in connection with such New Zealand Fronting Bank’s payment under a New Zealand Letter of Credit shall be absolute, unconditional
and irrevocable, not subject to any counterclaim, setoff, qualification or exception whatsoever, and shall be made in accordance with this Agreement under all circumstances, irrespective of any lack of validity or unenforceability of any Loan
Documents; any draft, certificate or other document presented under a New Zealand Letter of Credit having been determined to be forged, fraudulent, invalid or insufficient in any respect or any statement therein being untrue or inaccurate in any
respect; or the existence of any setoff or defense that any Loan Party may have with respect to any Obligations. No New Zealand Fronting Bank assumes any responsibility for any failure or delay in performance or any breach by any New Zealand
Borrower or other Person of any obligations under any New Zealand LC Documents. No New Zealand Fronting Bank makes any express or implied warranty, representation or guarantee to New Zealand Lenders with respect to the New Zealand Facility
Collateral, the New Zealand LC Documents or any New Zealand Facility Loan Party. No New Zealand Fronting Bank shall be responsible to any New Zealand Lender for any recitals, statements, information, representations or warranties contained in, or
for the execution, validity, genuineness, effectiveness or enforceability of any New Zealand LC Documents; the validity, genuineness, enforceability, collectability, value or sufficiency of any New Zealand Facility Collateral or the perfection of
any Lien therein; or the assets, liabilities, financial condition, results of operations, business, creditworthiness or legal status of any New Zealand Facility Loan Party. 
 (d) No New Zealand Fronting Bank Indemnitee shall be liable to any Loan Party or other Person for any action taken or omitted to be taken in connection with any New Zealand LC Documents except as a result
of such New Zealand Fronting Bank’s actual gross negligence, willful misconduct or bad faith, as determined by a final, nonappealable judgment of a court of competent jurisdiction. No New Zealand Fronting Bank shall have any liability to any
Lender if such New Zealand Fronting Bank refrains from any action under any New Zealand Letter of Credit or New Zealand LC Documents until it receives written instructions from Required Borrower Group Lenders of New Zealand Borrowers. 

2.6.3 New Zealand LC Cash Collateral. If any New Zealand LC Obligations, whether or not then due or payable, shall for any
reason be outstanding at any time (a) that an Event of Default exists, (b) that a New Zealand Overadvance exists, (c) after the New Zealand Revolver Commitment Termination Date, or (d) within five Business Days prior to the
Facility Termination Date, then New Zealand Borrowers shall, within one Business Day of the New Zealand Fronting Bank’s or Agent’s request, Cash Collateralize the stated amount of all outstanding New Zealand Letters of Credit and pay to
each New Zealand Fronting Bank the 

  
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 amount of all other New Zealand LC Obligations to such New Zealand Fronting Bank. New Zealand Borrowers
shall, within one Business Day of demand by the New Zealand Fronting Bank’s or Agent from time to time, Cash Collateralize the LC Obligations of any Defaulting Lender that is a New Zealand Lender. If New Zealand Borrowers fail to provide any
Cash Collateral as required hereunder, New Zealand Lenders may (and shall upon direction of Agent) advance, as New Zealand Revolver Loans, the amount of the Cash Collateral required (whether or not the New Zealand Revolver Commitments have
terminated, any New Zealand Overadvance exists or would result therefrom or the conditions in Section 6 are satisfied). 

2.7 Singapore Letters of Credit. 
 2.7.1 Issuance of Singapore Letters of Credit. Each Singapore Fronting Bank agrees to issue Singapore Letters of Credit for the account of any Singapore Borrower from time to time until the
Facility Termination Date (or until the Singapore Revolver Commitment Termination Date, if earlier), in Singapore Dollars or, at the option of the Applicable Singapore Borrower, Dollars or Euros, on the terms set forth herein, including the
following: 
 (a) Each Singapore Borrower acknowledges that each Singapore Fronting Bank’s willingness to issue any
Singapore Letter of Credit is conditioned upon such Singapore Fronting Bank’s receipt of a Singapore LC Application with respect to the requested Singapore Letter of Credit, as well as such other instruments and agreements as such Singapore
Fronting Bank may customarily require for issuance of a letter of credit of similar type and amount. No Singapore Fronting Bank shall have any obligation to issue any Singapore Letter of Credit unless (i) such Singapore Fronting Bank, Bank of
America (Hong Kong) and Bank of America (Singapore) receive a Singapore LC Request and Singapore LC Application at least three Business Days prior to the requested date of issuance; (ii) each Singapore LC Condition is satisfied; and
(iii) if a Defaulting Lender that is a Singapore Lender exists, such Lender or Singapore Borrowers have entered into arrangements reasonably satisfactory to Agent and such Singapore Fronting Bank to eliminate any funding risk associated with
such Defaulting Lender. If a Singapore Fronting Bank receives written notice from a Singapore Lender at least three Business Days before issuance of a Singapore Letter of Credit that any Singapore LC Condition has not been satisfied, such Singapore
Fronting Bank shall have no obligation to issue the requested Singapore Letter of Credit (or any other) until such notice is withdrawn in writing by the Required Borrower Group Lenders or until the Required Borrower Group Lenders have waived such
condition in accordance with this Agreement. Prior to receipt of any such notice, a Singapore Fronting Bank shall not be deemed to have knowledge of any failure of Singapore LC Conditions. 

(b) The renewal or extension of any Singapore Letter of Credit shall be treated as the issuance of a new Singapore Letter of Credit,
except that delivery of a new Singapore LC Application shall be required at the discretion of the applicable Singapore Fronting Bank. No Singapore Fronting Bank shall renew or extend any Singapore Letter of Credit if it receives written notice from
the Agent or the Required Borrower Group Lenders of the existence of a Default or Event of Default. 

  
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 (c) Singapore Borrowers assume all risks of the acts, omissions or misuses of any Singapore
Letter of Credit by the beneficiary. In connection with issuance of any Singapore Letter of Credit, none of Agent, any Singapore Fronting Bank or any Lender shall be responsible for the existence, character, quality, quantity, condition, packing,
value or delivery of any goods purported to be represented by any Documents; any differences or variation in the character, quality, quantity, condition, packing, value or delivery of any goods from that expressed in any Documents; the form,
validity, sufficiency, accuracy, genuineness or legal effect of any Documents or of any endorsements thereon; the time, place, manner or order in which shipment of goods is made; partial or incomplete shipment of, or failure to ship, any goods
referred to in a Singapore Letter of Credit or Documents; any deviation from instructions, delay, default or fraud by any shipper or other Person in connection with any goods, shipment or delivery; any breach of contract between a shipper or vendor
and a Singapore Borrower; errors, omissions, interruptions or delays in transmission or delivery of any messages, by mail, cable, telegraph, telex, telecopy, e-mail, telephone or otherwise; errors in interpretation of technical terms; the
misapplication by a beneficiary of any Singapore Letter of Credit or the proceeds thereof; or any consequences arising from causes beyond the control of any Singapore Fronting Bank, Agent or any Singapore Lender, including any act or omission of a
Governmental Authority. The rights and remedies of each Singapore Fronting Bank under the Loan Documents shall be cumulative. Each Singapore Fronting Bank shall be fully subrogated to the rights and remedies of each beneficiary whose claims against
Borrowers are discharged with proceeds of any Singapore Letter of Credit issued by such Singapore Fronting Bank. 
 (d) In
connection with its administration of and enforcement of rights or remedies under any Singapore Letters of Credit or Singapore LC Documents, each Singapore Fronting Bank shall be entitled to act, and shall be fully protected in acting, upon any
certification, documentation or communication in whatever form believed by such Singapore Fronting Bank, in good faith, to be genuine and correct and to have been signed, sent or made by a proper Person. Each Singapore Fronting Bank may consult with
and employ legal counsel, accountants and other experts to advise it concerning its obligations, rights and remedies, and shall be entitled to act upon, and shall be fully protected in any action taken in good faith reliance upon, any advice given
by such experts. Each Singapore Fronting Bank may employ agents and attorneys-in-fact in connection with any matter relating to Singapore Letters of Credit or Singapore LC Documents, and shall not be liable for the negligence or misconduct of agents
and attorneys-in-fact selected with reasonable care. 
 2.7.2 Singapore LC Reimbursement; Singapore LC
Participations. 
 (a) If a Singapore Fronting Bank honors any request for payment under a Singapore Letter of Credit,
the Applicable Singapore Borrower shall pay to such Singapore Fronting Bank, on the same day (“Singapore Reimbursement Date”), the amount paid by such Singapore Fronting Bank under such Letter of Credit, together with interest at
the interest rate for Singapore Base Rate Loans from the Singapore Reimbursement Date until payment by the Applicable Singapore Borrower. The obligation of the Applicable Singapore Borrower to reimburse each Singapore Fronting Bank for any payment
made under a Singapore Letter of Credit issued by such Singapore Fronting Bank shall be absolute, unconditional, irrevocable, and shall be paid without regard to any lack of validity or enforceability of any Singapore Letter of Credit or the
existence of any claim, setoff, defense or other right that the Applicable Singapore Borrower or Loan Parties may have at any time against the beneficiary. Whether or not the Applicable Singapore Borrower submits a Notice of Borrowing, the
Applicable Singapore 

  
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 Borrower shall be deemed to have requested a Borrowing of Singapore Base Rate Loans in an amount necessary
to pay all amounts due to a Singapore Fronting Bank in the currency in which the underlying Singapore Letter of Credit was issued on any Singapore Reimbursement Date and each Singapore Lender agrees to fund its Pro Rata share of such Borrowing
whether or not the Commitments have terminated, an Overadvance exists or is created thereby, or the conditions in Section 6 are satisfied. 
 (b) Upon issuance of a Singapore Letter of Credit, each Singapore Lender shall be deemed to have irrevocably and unconditionally purchased from the Singapore Fronting Bank that issued such Singapore
Letter of Credit, without recourse or warranty, an undivided Pro Rata interest and participation in all Singapore LC Obligations relating to the Singapore Letter of Credit. If the applicable Singapore Fronting Bank makes any payment under a
Singapore Letter of Credit and the Applicable Singapore Borrower does not reimburse such payment on the Singapore Reimbursement Date, Agent shall promptly notify Singapore Lenders and each Singapore Lender shall promptly (within one Business Day)
and unconditionally pay to Agent in the currency of the payment made under such Singapore Letter of Credit, for the benefit of the Singapore Fronting Bank, the Singapore Lender’s Pro Rata share of such payment. Upon request by a Singapore
Lender, the applicable Singapore Fronting Bank shall furnish copies of any Singapore Letters of Credit and Singapore LC Documents in its possession at such time. 
 (c) The obligation of each Singapore Lender to make payments to Agent for the account of the applicable Singapore Fronting Bank in connection with such Singapore Fronting Bank’s payment under a
Singapore Letter of Credit shall be absolute, unconditional and irrevocable, not subject to any counterclaim, setoff, qualification or exception whatsoever, and shall be made in accordance with this Agreement under all circumstances, irrespective of
any lack of validity or unenforceability of any Loan Documents; any draft, certificate or other document presented under a Singapore Letter of Credit having been determined to be forged, fraudulent, invalid or insufficient in any respect or any
statement therein being untrue or inaccurate in any respect; or the existence of any setoff or defense that any Loan Party may have with respect to any Obligations. No Singapore Fronting Bank assumes any responsibility for any failure or delay in
performance or any breach by any Singapore Borrower or other Person of any obligations under any Singapore LC Documents. No Singapore Fronting Bank makes any express or implied warranty, representation or guarantee to Singapore Lenders with respect
to the Singapore Facility Collateral, the Singapore LC Documents or any Singapore Facility Loan Party. No Singapore Fronting Bank shall be responsible to any Singapore Lender for any recitals, statements, information, representations or warranties
contained in, or for the execution, validity, genuineness, effectiveness or enforceability of any Singapore LC Documents; the validity, genuineness, enforceability, collectability, value or sufficiency of any Singapore Facility Collateral or the
perfection of any Lien therein; or the assets, liabilities, financial condition, results of operations, business, creditworthiness or legal status of any Singapore Facility Loan Party. 

(d) No Singapore Fronting Bank Indemnitee shall be liable to any Loan Party or other Person for any action taken or omitted to be taken
in connection with any Singapore LC Documents except as a result of such Singapore Fronting Bank’s actual gross negligence, willful misconduct or bad faith, as determined by a final, nonappealable judgment of a court of competent jurisdiction.
No Singapore Fronting Bank shall have any liability to any Lender if such Singapore Fronting Bank refrains from any action under any Singapore Letter of Credit or Singapore LC Documents until it receives written instructions from Required Borrower
Group Lenders of Singapore Borrowers. 

  
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 2.7.3 Singapore LC Cash Collateral. If any Singapore LC Obligations, whether
or not then due or payable, shall for any reason be outstanding at any time (a) that an Event of Default exists, (b) that a Singapore Overadvance exists, (c) after the Singapore Revolver Commitment Termination Date, or (d) within
five Business Days prior to the Facility Termination Date, then Singapore Borrowers shall, within one Business Day of the Singapore Fronting Bank’s or Agent’s request, Cash Collateralize the stated amount of all outstanding Singapore
Letters of Credit and pay to each Singapore Fronting Bank the amount of all other Singapore LC Obligations to such Singapore Fronting Bank. Singapore Borrowers shall, within one Business Day of demand by the Singapore Fronting Bank’s or Agent
from time to time, Cash Collateralize the LC Obligations of any Defaulting Lender that is a Singapore Lender. If Singapore Borrowers fail to provide any Cash Collateral as required hereunder, Singapore Lenders may (and shall upon direction of Agent)
advance, as Singapore Revolver Loans, the amount of the Cash Collateral required (whether or not the Singapore Revolver Commitments have terminated, any Singapore Overadvance exists or would result therefrom or the conditions in Section 6 are
satisfied). 
 2.8 UK Letters of Credit. 
 2.8.1 Issuance of UK Letters of Credit. Each UK Fronting Bank agrees to issue UK Letters of Credit for the account of any UK Borrower from time to time until the Facility Termination Date
(or until the UK Revolver Commitment Termination Date, if earlier), in Sterling or, at the option of the Applicable UK Borrower, Dollars or Euros, on the terms set forth herein, including the following: 

(a) Each UK Borrower acknowledges that each UK Fronting Bank’s willingness to issue any UK Letter of Credit is conditioned upon such
UK Fronting Bank’s receipt of a UK LC Application with respect to the requested UK Letter of Credit, as well as such other instruments and agreements as such UK Fronting Bank may customarily require for issuance of a letter of credit of similar
type and amount. No UK Fronting Bank shall have any obligation to issue any UK Letter of Credit unless (i) such UK Fronting Bank and Bank of America (London) receive an UK LC Request and UK LC Application at least three Business Days prior to
the requested date of issuance; (ii) each UK LC Condition is satisfied; and (iii) if a Defaulting Lender that is an UK Lender exists, such Lender or UK Borrowers have entered into arrangements reasonably satisfactory to Agent and such UK
Fronting Bank to eliminate any funding risk associated with such Defaulting Lender. If an UK Fronting Bank receives written notice from an UK Lender at least three Business Days before issuance of an UK Letter of Credit that any UK LC Condition has
not been satisfied, such UK Fronting Bank shall have no obligation to issue the requested UK Letter of Credit (or any other) until such notice is withdrawn in writing by the Required Borrower Group Lenders or until the Required Borrower Group
Lenders have waived such condition in accordance with this Agreement. Prior to receipt of any such notice, an UK Fronting Bank shall not be deemed to have knowledge of any failure of UK LC Conditions. 

  
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 (b) The renewal or extension of any UK Letter of Credit shall be treated as the issuance of
a new UK Letter of Credit, except that delivery of a new UK LC Application shall be required at the discretion of the applicable UK Fronting Bank. No UK Fronting Bank shall renew or extend any UK Letter of Credit if it receives written notice from
the Agent or the Required Borrower Group Lenders of the existence of a Default or Event of Default. 
 (c) UK Borrowers assume
all risks of the acts, omissions or misuses of any UK Letter of Credit by the beneficiary. In connection with issuance of any UK Letter of Credit, none of Agent, any UK Fronting Bank or any Lender shall be responsible for the existence, character,
quality, quantity, condition, packing, value or delivery of any goods purported to be represented by any Documents; any differences or variation in the character, quality, quantity, condition, packing, value or delivery of any goods from that
expressed in any Documents; the form, validity, sufficiency, accuracy, genuineness or legal effect of any Documents or of any endorsements thereon; the time, place, manner or order in which shipment of goods is made; partial or incomplete shipment
of, or failure to ship, any goods referred to in a UK Letter of Credit or Documents; any deviation from instructions, delay, default or fraud by any shipper or other Person in connection with any goods, shipment or delivery; any breach of contract
between a shipper or vendor and a UK Borrower; errors, omissions, interruptions or delays in transmission or delivery of any messages, by mail, cable, telegraph, telex, telecopy, e-mail, telephone or otherwise; errors in interpretation of technical
terms; the misapplication by a beneficiary of any UK Letter of Credit or the proceeds thereof; or any consequences arising from causes beyond the control of any UK Fronting Bank, Agent or any UK Lender, including any act or omission of a
Governmental Authority. The rights and remedies of each UK Fronting Bank under the Loan Documents shall be cumulative. Each UK Fronting Bank shall be fully subrogated to the rights and remedies of each beneficiary whose claims against Borrowers are
discharged with proceeds of any UK Letter of Credit issued by such UK Fronting Bank. 
 (d) In connection with its
administration of and enforcement of rights or remedies under any UK Letters of Credit or UK LC Documents, each UK Fronting Bank shall be entitled to act, and shall be fully protected in acting, upon any certification, documentation or communication
in whatever form believed by such UK Fronting Bank, in good faith, to be genuine and correct and to have been signed, sent or made by a proper Person. Each UK Fronting Bank may consult with and employ legal counsel, accountants and other experts to
advise it concerning its obligations, rights and remedies, and shall be entitled to act upon, and shall be fully protected in any action taken in good faith reliance upon, any advice given by such experts. Each UK Fronting Bank may employ agents and
attorneys-in-fact in connection with any matter relating to UK Letters of Credit or UK LC Documents, and shall not be liable for the negligence or misconduct of agents and attorneys-in-fact selected with reasonable care. 

2.8.2 UK LC Reimbursement; UK LC Participations. 
 (a) If an UK Fronting Bank honors any request for payment under a UK Letter of Credit, the Applicable UK Borrower shall pay to such UK Fronting Bank, on the same day (“UK Reimbursement
Date”), the amount paid by such UK Fronting Bank under such Letter of Credit, together with interest at the interest rate for UK Base Rate Loans from the UK Reimbursement Date until payment by the Applicable UK Borrower. The obligation of
the Applicable UK Borrower to reimburse each UK Fronting Bank for any payment made under a 

  
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 UK Letter of Credit issued by such UK Fronting Bank shall be absolute, unconditional, irrevocable, and shall
be paid without regard to any lack of validity or enforceability of any UK Letter of Credit or the existence of any claim, setoff, defense or other right that the Applicable UK Borrower or Loan Parties may have at any time against the beneficiary.
Whether or not the Applicable UK Borrower submits a Notice of Borrowing, the Applicable UK Borrower shall be deemed to have requested a Borrowing of UK Base Rate Loans in an amount necessary to pay all amounts due an UK Fronting Bank in the currency
in which the underlying UK Letter of Credit was issued on any UK Reimbursement Date and each UK Lender agrees to fund its Pro Rata share of such Borrowing whether or not the Commitments have terminated, an Overadvance exists or is created thereby,
or the conditions in Section 6 are satisfied. 
 (b) Upon issuance of a UK Letter of Credit, each UK Lender shall be deemed
to have irrevocably and unconditionally purchased from the UK Fronting Bank that issued such UK Letter of Credit, without recourse or warranty, an undivided Pro Rata interest and participation in all UK LC Obligations relating to the UK Letter of
Credit. If the applicable UK Fronting Bank makes any payment under a UK Letter of Credit and the Applicable UK Borrower does not reimburse such payment on the UK Reimbursement Date, Agent shall promptly notify UK Lenders and each UK Lender shall
promptly (within one Business Day) and unconditionally pay to Agent in the currency of the payment made under such UK Letter of Credit, for the benefit of the UK Fronting Bank, the UK Lender’s Pro Rata share of such payment. Upon request by an
UK Lender, the applicable UK Fronting Bank shall furnish copies of any UK Letters of Credit and UK LC Documents in its possession at such time. 
 (c) The obligation of each UK Lender to make payments to Agent for the account of the applicable UK Fronting Bank in connection with such UK Fronting Bank’s payment under a UK Letter of Credit shall
be absolute, unconditional and irrevocable, not subject to any counterclaim, setoff, qualification or exception whatsoever, and shall be made in accordance with this Agreement under all circumstances, irrespective of any lack of validity or
unenforceability of any Loan Documents; any draft, certificate or other document presented under a UK Letter of Credit having been determined to be forged, fraudulent, invalid or insufficient in any respect or any statement therein being untrue or
inaccurate in any respect; or the existence of any setoff or defense that any Loan Party may have with respect to any Obligations. No UK Fronting Bank assumes any responsibility for any failure or delay in performance or any breach by any UK
Borrower or other Person of any obligations under any UK LC Documents. No UK Fronting Bank makes any express or implied warranty, representation or guarantee to UK Lenders with respect to the UK Facility Collateral, the UK LC Documents or any UK
Facility Loan Party. No UK Fronting Bank shall be responsible to any UK Lender for any recitals, statements, information, representations or warranties contained in, or for the execution, validity, genuineness, effectiveness or enforceability of any
UK LC Documents; the validity, genuineness, enforceability, collectability, value or sufficiency of any UK Facility Collateral or the perfection of any Lien therein; or the assets, liabilities, financial condition, results of operations, business,
creditworthiness or legal status of any UK Facility Loan Party. 

  
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 (d) No UK Fronting Bank Indemnitee shall be liable to any Loan Party or other Person for
any action taken or omitted to be taken in connection with any UK LC Documents except as a result of such UK Fronting Bank’s actual gross negligence, willful misconduct or bad faith, as determined by a final, nonappealable judgment of a court
of competent jurisdiction. No UK Fronting Bank shall have any liability to any Lender if such UK Fronting Bank refrains from any action under any UK Letter of Credit or UK LC Documents until it receives written instructions from Required Borrower
Group Lenders of UK Borrowers. 
 2.8.3 UK LC Cash Collateral. If any UK LC Obligations, whether or not then due
or payable, shall for any reason be outstanding at any time (a) that an Event of Default exists, (b) that a UK Overadvance exists, (c) after the UK Revolver Commitment Termination Date, or (d) within five Business Days prior to
the Facility Termination Date, then UK Borrowers shall, within one Business Day of the UK Fronting Bank’s or Agent’s request, Cash Collateralize the stated amount of all outstanding UK Letters of Credit and pay to each UK Fronting Bank the
amount of all other UK LC Obligations to such UK Fronting Bank. UK Borrowers shall, within one Business Day of demand by the UK Fronting Bank’s or Agent from time to time, Cash Collateralize the LC Obligations of any Defaulting Lender that is a
UK Lender. If UK Borrowers fail to provide any Cash Collateral as required hereunder, UK Lenders may (and shall upon direction of Agent) advance, as UK Revolver Loans, the amount of the Cash Collateral required (whether or not the UK Revolver
Commitments have terminated, any UK Overadvance exists or would result therefrom or the conditions in Section 6 are satisfied). 
 2.9 U.S. Letters of Credit. 
 2.9.1 Issuance of U.S. Letters
of Credit. Each U.S. Fronting Bank agrees to issue U.S. Letters of Credit for the account of any U.S. Borrower or its Restricted Subsidiaries (provided that each U.S. Borrower agrees that it is jointly and severally liable with
respect to, and guarantees payment under Section 5.10.1 with respect to, any U.S. Letter of Credit issued for the account of a Restricted Subsidiary that is not a U.S. Borrower) from time to time until the Facility Termination Date (or until
the U.S. Revolver Commitment Termination Date, if earlier), on the terms set forth herein, including the following: 
 (a) Each
U.S. Borrower acknowledges that each U.S. Fronting Bank’s willingness to issue any U.S. Letter of Credit is conditioned upon such U.S. Fronting Bank’s receipt of a U.S. LC Application with respect to the requested U.S. Letter of Credit, as
well as such other instruments and agreements as such U.S. Fronting Bank may customarily require for issuance of a letter of credit of similar type and amount. No U.S. Fronting Bank shall have any obligation to issue any U.S. Letter of Credit unless
(i) such U.S. Fronting Bank and Agent receive a U.S. LC Request and U.S. LC Application at least three Business Days prior to the requested date of issuance; (ii) each U.S. LC Condition is satisfied; and (iii) if a Defaulting Lender
that is a U.S. Lender exists, U.S. Borrowers have entered into arrangements reasonably satisfactory to Agent and such U.S. Fronting Bank to eliminate any funding risk associated with such Defaulting Lender. If a U.S. Fronting Bank receives written
notice from a U.S. Lender at least three Business Days before issuance of a U.S. Letter of Credit that any U.S. LC Condition has not been satisfied, such U.S. Fronting Bank shall have no obligation to issue the requested U.S. Letter of Credit (or
any other) until such notice is withdrawn in writing by the Required Borrower Group Lenders or until the Required Borrower Group Lenders have waived such condition in accordance with this Agreement. Prior to receipt of any such notice, a U.S.
Fronting Bank shall not be deemed to have knowledge of any failure of U.S. LC Conditions. All Existing U.S. Letters of Credit shall be deemed to have been issued pursuant hereto, and from and after the Closing Date shall be subject to and governed
by the terms and conditions hereof. 

  
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 (b) The renewal or extension of any U.S. Letter of Credit shall be treated as the issuance
of a new U.S. Letter of Credit, except that delivery of a new U.S. LC Application shall be required at the discretion of the applicable U.S. Fronting Bank. No U.S. Fronting Bank shall renew or extend any U.S. Letter of Credit if it receives written
notice from the Agent or the Required Borrower Group Lenders of the existence of a Default or Event of Default. 
 (c) U.S.
Borrowers assume all risks of the acts, omissions or misuses of any U.S. Letter of Credit by the beneficiary. In connection with issuance of any U.S. Letter of Credit, none of Agent, any U.S. Fronting Bank or any Lender shall be responsible for the
existence, character, quality, quantity, condition, packing, value or delivery of any goods purported to be represented by any Documents; any differences or variation in the character, quality, quantity, condition, packing, value or delivery of any
goods from that expressed in any Documents; the form, validity, sufficiency, accuracy, genuineness or legal effect of any Documents or of any endorsements thereon; the time, place, manner or order in which shipment of goods is made; partial or
incomplete shipment of, or failure to ship, any goods referred to in a U.S. Letter of Credit or Documents; any deviation from instructions, delay, default or fraud by any shipper or other Person in connection with any goods, shipment or delivery;
any breach of contract between a shipper or vendor and a U.S. Borrower; errors, omissions, interruptions or delays in transmission or delivery of any messages, by mail, cable, telegraph, telex, telecopy, e-mail, telephone or otherwise; errors in
interpretation of technical terms; the misapplication by a beneficiary of any U.S. Letter of Credit or the proceeds thereof; or any consequences arising from causes beyond the control of any U.S. Fronting Bank, Agent or any U.S. Lender, including
any act or omission of a Governmental Authority. The rights and remedies of each U.S. Fronting Bank under the Loan Documents shall be cumulative. Each U.S. Fronting Bank shall be fully subrogated to the rights and remedies of each beneficiary whose
claims against Borrowers are discharged with proceeds of any U.S. Letter of Credit issued by such U.S. Fronting Bank. 
 (d) In
connection with its administration of and enforcement of rights or remedies under any U.S. Letters of Credit or U.S. LC Documents, each U.S. Fronting Bank shall be entitled to act, and shall be fully protected in acting, upon any certification,
documentation or communication in whatever form believed by such U.S. Fronting Bank, in good faith, to be genuine and correct and to have been signed, sent or made by a proper Person. Each U.S. Fronting Bank may consult with and employ legal
counsel, accountants and other experts to advise it concerning its obligations, rights and remedies, and shall be entitled to act upon, and shall be fully protected in any action taken in good faith reliance upon, any advice given by such experts.
Each U.S. Fronting Bank may employ agents and attorneys-in-fact in connection with any matter relating to U.S. Letters of Credit or U.S. LC Documents, and shall not be liable for the negligence or misconduct of agents and attorneys-in-fact selected
with reasonable care. 
 2.9.2 U.S. LC Reimbursement; U.S. LC Participations. 

(a) If a U.S. Fronting Bank honors any request for payment under a U.S. Letter of Credit, U.S. Borrowers shall pay to such U.S. Fronting
Bank, on the same day (“U.S. Reimbursement Date”), the amount paid by such U.S. Fronting Bank under such U.S. Letter of 

  
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 Credit, together with interest at the interest rate for U.S. Base Rate Loans from the U.S. Reimbursement
Date until payment by U.S. Borrowers. The obligation of U.S. Borrowers to reimburse each U.S. Fronting Bank for any payment made under a U.S. Letter of Credit issued by such U.S. Fronting Bank shall be absolute, unconditional, irrevocable, and joint
and several among U.S. Borrowers, and shall be paid without regard to any lack of validity or enforceability of any U.S. Letter of Credit or the existence of any claim, setoff, defense or other right that U.S. Borrowers or Loan Parties may have at
any time against the beneficiary. Whether or not the North American Loan Party Agent submits a Notice of Borrowing, U.S. Borrowers shall be deemed to have requested a Borrowing of U.S. Base Rate Loans in an amount necessary (based on the Dollar
Equivalent thereof) to pay all amounts due to a U.S. Fronting Bank on any U.S. Reimbursement Date and each U.S. Lender agrees to fund its Pro Rata share of such Borrowing whether or not the Commitments have terminated, an Overadvance exists or is
created thereby, or the conditions in Section 6 are satisfied. 
 (b) Upon issuance of a U.S. Letter of Credit, each U.S.
Lender shall be deemed to have irrevocably and unconditionally purchased from the U.S. Fronting Bank that issued such U.S. Letter of Credit, without recourse or warranty, an undivided Pro Rata interest and participation in all U.S. LC Obligations
relating to the U.S. Letter of Credit. If the applicable U.S. Fronting Bank makes any payment under a U.S. Letter of Credit and U.S. Borrowers do not reimburse such payment on the U.S. Reimbursement Date, Agent shall promptly notify U.S. Lenders and
each U.S. Lender shall promptly (within one Business Day) and unconditionally pay to Agent in Dollars, for the benefit of U.S. Fronting Bank, the U.S. Lender’s Pro Rata share of such payment (based on the Dollar Equivalent thereof). Upon
request by a U.S. Lender, the applicable applicable U.S. Fronting Bank shall furnish copies of any U.S. Letters of Credit and U.S. LC Documents in its possession at such time. 
 (c) The obligation of each U.S. Lender to make payments to Agent for the account of the applicable U.S. Fronting Bank in connection with such U.S. Fronting Bank’s payment under a U.S. Letter of
Credit shall be absolute, unconditional and irrevocable, not subject to any counterclaim, setoff, qualification or exception whatsoever, and shall be made in accordance with this Agreement under all circumstances, irrespective of any lack of
validity or unenforceability of any Loan Documents; any draft, certificate or other document presented under a U.S. Letter of Credit having been determined to be forged, fraudulent, invalid or insufficient in any respect or any statement therein
being untrue or inaccurate in any respect; or the existence of any setoff or defense that any Loan Party may have with respect to any Obligations. No U.S. Fronting Bank assumes any responsibility for any failure or delay in performance or any breach
by any U.S. Borrower or other Person of any obligations under any U.S. LC Documents. No U.S. Fronting Bank makes any express or implied warranty, representation or guarantee to U.S. Lenders with respect to the U.S. Facility Collateral, U.S. LC
Documents or any U.S. Facility Loan Party. No U.S. Fronting Bank shall be responsible to any U.S. Lender for any recitals, statements, information, representations or warranties contained in, or for the execution, validity, genuineness,
effectiveness or enforceability of any U.S. LC Documents; the validity, genuineness, enforceability, collectability, value or sufficiency of any U.S. Facility Collateral or the perfection of any Lien therein; or the assets, liabilities, financial
condition, results of operations, business, creditworthiness or legal status of any U.S. Facility Loan Party. 

  
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 (d) No U.S. Fronting Bank Indemnitee shall be liable to any Loan Party or other Person for
any action taken or omitted to be taken in connection with any U.S. LC Documents except as a result of each U.S. Fronting Bank’s actual gross negligence, willful misconduct or bad faith, as determined by a final, nonappealable judgment of a
court of competent jurisdiction. No U.S. Fronting Bank shall have any liability to any Lender if such U.S. Fronting Bank refrains from any action under any U.S. Letter of Credit or U.S. LC Documents until it receives written instructions from
Required Borrower Group Lenders of the Borrower Group consisting of the U.S. Borrowers. 
 2.9.3 U.S. LC Cash
Collateral. If any U.S. LC Obligations, whether or not then due or payable, shall for any reason be outstanding at any time (a) that an Event of Default exists, (b) that a U.S. Overadvance exists, (c) after the U.S. Revolver
Commitment Termination Date, or (d) within five Business Days prior to the Facility Termination Date, then U.S. Borrowers shall, within one Business Day of U.S. Fronting Bank’s or Agent’s request, Cash Collateralize the stated amount
of all outstanding U.S. Letters of Credit (based on the Dollar Equivalent thereof) and pay to each U.S. Fronting Bank the amount of all other U.S. LC Obligations to such U.S. Fronting Bank. U.S. Borrowers shall, within one Business Day of demand by
U.S. Fronting Bank’s or Agent from time to time, Cash Collateralize the U.S. LC Obligations of any Defaulting Lender that is a U.S. Lender. If U.S. Borrowers fail to provide any Cash Collateral as required hereunder, Lenders may (and shall upon
direction of Agent) advance, as U.S. Revolver Loans, the amount of the Cash Collateral required (whether or not the U.S. Revolver Commitments have terminated, any U.S. Overadvance exists or would result therefrom or the conditions in Section 6
are satisfied). 
 2.10 Issuance of Letters of Credit by Non-Lender Fronting Banks. Foreign Borrowers (other than
Canadian Borrowers) may request that Agent permit Non-Lender Fronting Banks to issue Letters of Credit hereunder for the account of such Foreign Borrowers; provided, that (a) the Dollar Equivalent of the aggregate amount of all such
Letters of Credit may not exceed $45,000,000 at any time outstanding, (b) such Letters of Credit may only be issued to beneficiaries located outside of the United States and Canada, (c) prior to the issuance of any such Letter of Credit
and a financial institution becoming a Non-Lender Fronting Bank hereunder, such financial institution shall enter into documentation and, to the extent such Letters of Credit to be issued by such Non-Lender Fronting Banks shall have the benefit of
security, security arrangements satisfactory to Agent and the Required Lenders, and (d) each such Letter of Credit issued by a Non-Lender Fronting Bank shall be subject to the terms and conditions of this Agreement. Unless otherwise agreed
pursuant to clause (c) above, Non-Lender Fronting Banks shall not be Secured Parties or have any rights to Collateral or distributions thereof (including under Section 5.5.1). 

2.11 Applicable Foreign Borrower Sublimits. Notwithstanding anything to the contrary contained in this Section 2, in
no event shall any Applicable Foreign Borrower be entitled to receive a Revolver Loan or the issuance of a Letter of Credit (and no Lender shall be required to make or support the same) if at the time of the proposed funding of such Revolver Loan or
the issuance of such Letter of Credit (and after giving effect thereto and all pending requests for Revolver Loans and Letters of Credit by or on behalf of such Borrower), the sum of (a) the Dollar Equivalent of the outstanding amount of all
Revolver Loans made to such Borrower on such date and (b) the LC Obligations of such Borrower on such date exceeds the 

  
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 lesser of such Borrower’s individual Borrowing Base (without giving effect to its allocable portion of
any LC Reserve) or Applicable Foreign Borrower Commitment. If as a result of fluctuations in exchange rates or otherwise the Dollar Equivalent of the sum of all outstanding Revolver Loans made to an Applicable Foreign Borrower and the LC Obligations
of such Borrower exceed such Borrower’s Applicable Foreign Borrower Commitment, the excess amount shall be payable by the Applicable Foreign Borrower within three Business Days following demand by Agent. In no event shall the aggregate
Applicable Foreign Borrower Commitments for all members of a Foreign Borrower Group exceed the Foreign Revolver Commitments for such Foreign Borrower Group. 
 2.12 Obligations of the non-U.S. Loan Parties. Notwithstanding anything in this Agreement or any other Loan Document to the contrary, except as otherwise expressly agreed by the Agent and
the North American Loan Party Agent, no Excluded Loan Party shall be liable or in any manner responsible for, or be deemed to have guaranteed, directly or indirectly, whether as a primary obligor, guarantor, indemnitor, or otherwise, and none of
their assets shall secure, directly or indirectly, any U.S. Facility Secured Obligations (including, without limitation, principal, interest, fees, penalties, premiums, expenses, charges, reimbursements, indemnities or any other U.S. Facility
Secured Obligations) under this Agreement or any other Loan Document. 
 SECTION 3. INTEREST, FEES AND CHARGES 

3.1 Interest. 
 3.1.1 Rates and Payment of Interest. 
 (a) The Obligations shall bear
interest as follows: 
 (i) in the case of an Australian Bank Bill Rate Loan, at the Australian Bank Bill Rate in
effect from time to time, plus the Applicable Margin for Australian Bank Bill Rate Loans; 
 (ii) in the case of
a Base Rate Loan (other than a New Zealand Base Rate Loan and a Singapore Base Rate Loan), at the Base Rate in effect from time to time, plus the Applicable Margin for such Base Rate Loan; 

(iii) in the case of a New Zealand Base Rate Loan, at the Base Rate in effect from time to time, plus the New Zealand
Applicable Margin for New Zealand Base Rate Loans; 
 (iv) in the case of a Singapore Base Rate Loan, at the Base
Rate in effect from time to time, plus the Singapore Applicable Margin for Singapore Base Rate Loans; 
 (v) in
the case of a Canadian BA Rate Loan, at the Canadian BA Rate for the applicable Interest Period, plus the Applicable Margin for Canadian BA Rate Loans; 

  
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 (vi) in the case of a Canadian Prime Rate Loan, at the Canadian Prime Rate
in effect from time to time, plus the Applicable Margin for Canadian Prime Rate Loans; 
 (vii) in the case of a
LIBOR Loan (other than a LIBOR Loan to New Zealand Borrowers and Singapore Borrowers), at LIBOR for the applicable Interest Period, plus the Applicable Margin for LIBOR Loans; 

(viii) in the case of a LIBOR Loan to New Zealand Borrowers, at LIBOR for the applicable Interest Period, plus the New
Zealand Applicable Margin for LIBOR Loans; 
 (ix) in the case of a LIBOR Loan to Singapore Borrowers, at LIBOR
for the applicable Interest Period, plus the Singapore Applicable Margin for LIBOR Loans; 
 (x) in the case of a
New Zealand Bank Bill Rate Loan, at the New Zealand Bank Bill Rate for the applicable Interest Period, plus the New Zealand Applicable Margin for New Zealand Bank Bill Rate Loans; 

(xi) in the case of a SIBOR Loan, at SIBOR for the applicable Interest Period, plus the Singapore Applicable Margin for
SIBOR Loans; 
 (xii) in the case of any other Australian Facility Obligation, Belgian Facility Obligation, Dutch
Facility Obligation, UK Facility Obligation or U.S. Facility Obligation that is then due and payable (including, to the extent permitted by law, interest not paid when due), at the Base Rate in effect from time to time, plus the Applicable Margin
for the related Base Rate Loans; 
 (xiii) in the case of any other Canadian Facility Obligation that is then due
and payable (including, to the extent permitted by law, interest not paid when due), at the Canadian Prime Rate in effect from time to time, plus the Applicable Margin for Canadian Prime Rate Loans; 

(xiv) in the case of any other New Zealand Facility Obligation that is then due and payable (including, to the extent
permitted by law, interest not paid when due), at the Base Rate in effect from time to time, plus the New Zealand Applicable Margin for New Zealand Base Rate Loans; and 

(xv) in the case of any other Singapore Facility Obligation that is then due and payable (including, to the extent
permitted by law, interest not paid when due), at the Base Rate in effect from time to time, plus the Singapore Applicable Margin for Singapore Base Rate Loans. 
 Interest shall accrue from the date the Loan is advanced or the Obligation becomes payable, until paid by the Applicable Borrower(s). If a Loan is repaid on the same day made, one day’s interest
shall accrue. 

  
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 (b) Interest on the Revolver Loans shall be payable in the currency of the underlying
Revolver Loan. 
 (c) If all or a portion of (i) the principal amount of any Loan or (ii) any interest payable thereon
shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), such overdue amount shall bear interest (including post-petition interest during the pendency of any Insolvency Proceeding) at a rate per annum that is
(x) in the case of overdue principal, the Default Rate or (y) in the case of any overdue interest, to the extent permitted by applicable law, the Default Rate from and including the date of such non-payment to but excluding the date on
which such amount is paid in full (after as well as before judgment). Payment or acceptance of the increased rates of interest provided for in this Section 3.1.1 is not a permitted alternative to timely payment and shall not constitute a waiver
of any Event of Default or otherwise prejudice or limit any rights or remedies of the Agent, any Security Trustee or any Lender. 
 (d) Interest accrued on the Loans shall be due and payable in arrears, (i) for any Base Rate Loan or Canadian Prime Rate Loan, quarterly on the first day of each January, April, July and October;
(ii) for any Interest Period Loan, on the last day of its Interest Period (and, if its Interest Period exceeds three months, at the end of each period of three months) and (iii) on any date of prepayment, with respect to the principal
amount of Loans being prepaid. In addition, interest accrued on the (1) Australian Revolver Loans shall be due and payable in arrears on the Australian Revolver Commitment Termination Date, (2) Belgian Revolver Loans shall be due and
payable in arrears on the Belgian Revolver Commitment Termination Date, (3) Canadian Revolver Loans shall be due and payable in arrears on the Canadian Revolver Commitment Termination Date, (4) Dutch Revolver Loans shall be due and payable
in arrears on the Dutch Revolver Commitment Termination Date, (5) New Zealand Revolver Loans shall be due and payable in arrears on the New Zealand Revolver Commitment Termination Date, (6) Singapore Revolver Loans shall be due and payable
in arrears on the Singapore Revolver Commitment Termination Date, (7) UK Revolver Loans shall be due and payable in arrears on the UK Revolver Commitment Termination Date, and (8) U.S. Revolver Loans shall be due and payable in arrears on
the U.S. Revolver Commitment Termination Date. Interest accrued on any other Obligations shall be due and payable as provided in the Loan Documents and, if no payment date is specified, shall be due and payable on demand. Notwithstanding the
foregoing, interest accrued at the Default Rate shall be due and payable on demand. 
 3.1.2 Application of LIBOR to
Outstanding Loans. 
 (a) Borrowers may on any Business Day, subject to delivery of a Notice of Conversion/Continuation
and the other terms hereof, elect to convert any portion of any Base Rate Loan funded in Dollars, Euros or Sterling (as applicable) to, or to continue any LIBOR Loan at the end of its Interest Period as, a LIBOR Loan. During any Event of Default,
Agent may (and shall at the direction of Required Borrower Group Lenders of the applicable Borrower Group) declare that no Loan may be made, converted or continued as a LIBOR Loan. 

(b) Whenever Borrowers within a Borrower Group desire to convert or continue Loans as LIBOR Loans, the relevant Loan Party Agent shall
give Agent (and in the case of any such request by (i) Australian Borrowers or New Zealand Borrowers, Bank of 

  
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 America (Australia) and Bank of America (Hong Kong), (ii) Belgian Borrowers, Dutch Borrowers or UK
Borrowers, Bank of America (London), or (iii) Singapore Borrowers, Bank of America (Singapore) and Bank of America (Hong Kong)) a Notice of Conversion/Continuation, no later than 11:00 a.m. (Local Time) (or 1:00 p.m. (Local Time) in the case of
a request on behalf of Canadian Borrowers or U.S. Borrowers) at least three Business Days prior to the requested conversion or continuation date. Promptly after receiving any such notice, Agent shall notify each Applicable Lender thereof. Each
Notice of Conversion/Continuation shall be irrevocable, and shall specify the amount of Loans to be converted or continued, the conversion or continuation date (which shall be a Business Day), and the duration of the Interest Period (which shall be
deemed to be 30 days if not specified). If, upon the expiration of any Interest Period in respect of any LIBOR Loans, the relevant Loan Party Agent shall have failed to deliver a Notice of Conversion/Continuation with respect thereto as required
above, Borrowers shall be deemed to have elected to convert such Loans into Base Rate Loans. 
 3.1.3 Application of
Australian Bank Bill Rate to Outstanding Loans. 
 (a) The Applicable Australian Borrower may on any Business Day,
subject to delivery of a Notice of Conversion/Continuation and the other terms hereof, elect to convert any portion of the Australian Base Rate Loans funded in Australian Dollars, or to continue any Australian Bank Bill Rate Loan at the end of its
Interest Period as an Australian Bank Bill Rate Loan; provided, however, that such Australian Bank Bill Rate Loans may only be so converted at the end of the Interest Period applicable thereto. During any Event of Default, Agent may
(and shall at the direction of Required Borrower Group Lenders of the Borrower Group that consists of the Australian Borrowers) declare that no Loan may be made, converted or continued as an Australian Bank Bill Rate Loan. 

(b) Whenever the Applicable Australian Borrower desires to convert or continue Loans as Australian Bank Bill Rate Loans, Asian Loan Party
Agent shall give Agent, Bank of America (Australia) and Bank of America (Hong Kong) a Notice of Conversion/Continuation, no later than 11:00 a.m. (Local Time) at least three Business Days prior to the requested conversion or continuation date.
Promptly after receiving any such notice, Agent shall notify each Australian Lender thereof. Each Notice of Conversion/Continuation shall be irrevocable, and shall specify the amount of Loans to be converted or continued, the conversion or
continuation date (which shall be a Business Day), and the duration of the Interest Period (which shall be deemed to be 30 days if not specified). If, upon the expiration of any Interest Period in respect of any Australian Bank Bill Rate Loans,
Asian Loan Party Agent shall have failed to deliver a Notice of Conversion/Continuation with respect thereto as required above, the Applicable Australian Borrower shall be deemed to have elected to convert such Loans into Base Rate Loans.

 3.1.4 Application of Canadian BA Rate to Outstanding Loans. 

(a) The Applicable Canadian Borrower may on any Business Day, subject to delivery of a Notice of Conversion/Continuation and the other
terms hereof, elect to convert any portion of the Canadian Prime Rate Loans, or to continue any Canadian BA Rate Loan at the end of its Interest Period as a Canadian BA Rate Loan; provided, however, that such Canadian BA Rate Loans may
only be so converted at the end of the Interest Period applicable thereto. During any Event of Default, Agent may (and shall at the direction of Required Borrower Group Lenders of the Borrower Group that consists of the Canadian Borrowers) declare
that no Loan may be made, converted or continued as a Canadian BA Rate Loan. 

  
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 (b) Whenever the Applicable Canadian Borrower desires to convert or continue Loans as
Canadian BA Rate Loans, North American Loan Party Agent shall give Agent a Notice of Conversion/Continuation, no later than 1:00 p.m. at least three Business Days prior to the requested conversion or continuation date. Promptly after receiving any
such notice, Agent shall notify each Canadian Lender thereof. Each Notice of Conversion/Continuation shall be irrevocable, and shall specify the amount of Loans to be converted or continued, the conversion or continuation date (which shall be a
Business Day), and the duration of the Interest Period (which shall be deemed to be one month if not specified). If, upon the expiration of any Interest Period in respect of any Canadian BA Rate Loans, North American Loan Party Agent shall have
failed to deliver a Notice of Conversion/Continuation with respect thereto as required above, the Initial Canadian Borrower shall be deemed to have elected to convert such Loans into Canadian Prime Rate Loans. 

3.1.5 Application of New Zealand Bank Bill Rate to Outstanding Loans. 

(a) The Applicable New Zealand Borrower may on any Business Day, subject to delivery of a Notice of Conversion/Continuation and the other
terms hereof, elect to convert any portion of the New Zealand Base Rate Loans funded in New Zealand Dollars, or to continue any New Zealand Bank Bill Rate Loan at the end of its Interest Period as a New Zealand Bank Bill Rate Loan; provided,
however, that such New Zealand Bank Bill Rate Loans may only be so converted at the end of the Interest Period applicable thereto. During any Event of Default, Agent may (and shall at the direction of Required Borrower Group Lenders of the
Borrower Group that consists of the New Zealand Borrowers) declare that no Loan may be made, converted or continued as a New Zealand Bank Bill Rate Loan. 
 (b) Whenever the Applicable New Zealand Borrower desires to convert or continue Loans as New Zealand Bank Bill Rate Loans, Asian Loan Party Agent shall give Agent, Bank of America (Australia) and Bank of
America (Hong Kong) a Notice of Conversion/Continuation, no later than 11:00 a.m. (Local Time) at least three Business Days prior to the requested conversion or continuation date. Promptly after receiving any such notice, Agent shall notify each New
Zealand Lender thereof. Each Notice of Conversion/Continuation shall be irrevocable, and shall specify the amount of Loans to be converted or continued, the conversion or continuation date (which shall be a Business Day), and the duration of the
Interest Period (which shall be deemed to be one month if not specified). If, upon the expiration of any Interest Period in respect of any New Zealand Bank Bill Rate Loans, Asian Loan Party Agent shall have failed to deliver a Notice of
Conversion/Continuation with respect thereto as required above, the Applicable New Zealand Borrower shall be deemed to have elected to convert such Loans into Base Rate Loans. 

  
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 3.1.6 Application of SIBOR to Outstanding Loans. 

(a) The Applicable Singapore Borrower may on any Business Day, subject to delivery of a Notice of Conversion/Continuation and the other
terms hereof, elect to convert any portion of any Singapore Base Rate Loan funded in Singapore Dollars to, or to continue any SIBOR Loan at the end of its Interest Period as, a SIBOR Loan; provided, that such SIBOR Loan may only be so
converted at the end of the Interest Period applicable thereto. During any Event of Default, Agent may (and shall at the direction of Required Borrower Group Lenders of the applicable Borrower Group that consists of the Singapore Borrowers) declare
that no Loan may be made, converted or continued as a SIBOR Loan. 
 (b) Whenever the Applicable Singapore Borrower desires to
convert or continue Loans as SIBOR Loans, the Asian Loan Party Agent shall give Agent, Bank of America (Singapore) and Bank of America (Hong Kong) a Notice of Conversion/Continuation, no later than 11:00 a.m. (Local Time) at least three Business
Days prior to the requested conversion or continuation date. Promptly after receiving any such notice, Agent shall notify each Singapore Lender thereof. Each Notice of Conversion/Continuation shall be irrevocable, and shall specify the amount of
Loans to be converted or continued, the conversion or continuation date (which shall be a Business Day), and the duration of the Interest Period (which shall be deemed to be one month if not specified). If, upon the expiration of any Interest Period
in respect of any SIBOR Loans, the Asian Loan Party Agent shall have failed to deliver a Notice of Conversion/Continuation with respect thereto as required above, the Applicable Singapore Borrower shall be deemed to have elected to convert such
Loans into Singapore Base Rate Loans. 
 3.1.7 Interest Periods. In connection with the making, conversion or
continuation of any Interest Period Loans, the relevant Loan Party Agent, on behalf of the applicable Borrower(s), shall select an interest period to apply (the “Interest Period”), which interest period shall be a one, two, three,
six (or if available to all Applicable Lenders as determined by such Applicable Lenders in good faith based upon prevailing market conditions) nine or twelve month period (or, in the case of Australian Bank Bill Rate Loans only, seven or fourteen
days); provided, however, that: 
 (a) the Interest Period shall commence on the date the Loan is made or
continued as, or converted into, an Interest Period Loan, and shall expire on the numerically corresponding day in the calendar month at its end; 
 (b) if any Interest Period commences on a day for which there is no corresponding day in the calendar month at its end or if such corresponding day falls after the last Business Day of such month, then
the Interest Period shall expire on the last Business Day of such month; 
 (c) if any Interest Period would expire on a day
that is not a Business Day, the period shall expire on the next Business Day; and 
 (d) no Interest Period shall extend beyond
the Facility Termination Date (or, in the case of any Loan owing by (i) any Australian Borrower, the Australian Revolver Commitment Termination Date, (ii) any Belgian Borrower, the Belgian Revolver Commitment Termination Date,
(iii) any Canadian Borrower, the Canadian Revolver Commitment Termination Date, (iv) any Dutch Borrower, the Dutch Revolver Commitment Termination Date, (v) any New Zealand Borrower, the New Zealand Revolver Commitment Termination
Date, (vi)

  
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 any Singapore Borrower, the Singapore Revolver Commitment Termination Date, (vii) any UK Borrower, the
UK Revolver Commitment Termination Date or (viii) any U.S. Borrower, the U.S. Revolver Commitment Termination Date, in each case if earlier). 
 3.2 Fees. 
 3.2.1 Unused Line Fee. 

(a) Australian Unused Line Fee. Australian Borrowers shall pay to Agent, for the Pro Rata benefit of Australian Lenders, a fee
equal to 0.375% per annum times the average daily amount by which the Australian Revolver Commitments exceed the Australian Revolver Exposure during any month; provided, that such fee shall reduce to 0.25% per annum for any month during
which the average daily amount of the Australian Revolver Exposure exceeded 50% of the Australian Revolver Commitments. Such fee shall be payable in arrears, on the first day of each month and on the Australian Revolver Commitment Termination Date.

 (b) Belgian Unused Line Fee. Belgian Borrowers shall pay to Agent, for the Pro Rata benefit of Belgian Lenders, a fee
equal to 0.375% per annum times the average daily amount by which the Belgian Revolver Commitments exceed the Belgian Revolver Exposure during any month; provided, that such fee shall reduce to 0.25% per annum for any month during which
the average daily amount of the Belgian Revolver Exposure exceeded 50% of the Belgian Revolver Commitments. Such fee shall be payable in arrears, on the first day of each month and on the Belgian Revolver Commitment Termination Date. 

(c) Canadian Unused Line Fee. Canadian Borrowers shall pay to Agent, for the Pro Rata benefit of Canadian Lenders, a fee equal to
0.375% per annum times the average daily amount by which the Canadian Revolver Commitments exceed the Canadian Revolver Exposure during any month; provided, that such fee shall reduce to 0.25% per annum for any month during which the
average daily amount of the Canadian Revolver Exposure exceeded 50% of the Canadian Revolver Commitments. Such fee shall be payable in arrears, on the first day of each month and on the Canadian Revolver Commitment Termination Date. 

(d) Dutch Unused Line Fee. Dutch Borrowers shall pay to Agent, for the Pro Rata benefit of Dutch Lenders, a fee equal to
0.375% per annum times the average daily amount by which the Dutch Revolver Commitments exceed the Dutch Revolver Exposure during any month; provided, that such fee shall reduce to 0.25% per annum for any month during which the average
daily amount of the Dutch Revolver Exposure exceeded 50% of the Dutch Revolver Commitments. Such fee shall be payable in arrears, on the first day of each month and on the Dutch Revolver Commitment Termination Date. 

(e) New Zealand Unused Line Fee. New Zealand Borrowers shall pay to Agent, for the Pro Rata benefit of New Zealand Lenders, an
unused line fee at a rate per annum specified in the joinder documentation for the New Zealand Lenders. Such fee shall be payable in arrears, on the first day of each month and on the New Zealand Revolver Commitment Termination Date. 

(f) Singapore Unused Line Fee. Singapore Borrowers shall pay to Agent, for the Pro Rata benefit of Singapore Lenders, an unused
line fee at a rate per annum specified in the joinder documentation for the Singapore Lenders. Such fee shall be payable in arrears, on the first day of each month and on the Singapore Revolver Commitment Termination Date. 

  
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 (g) UK Unused Line Fee. UK Borrowers shall pay to Agent, for the Pro Rata benefit of
UK Lenders, a fee equal to 0.375% per annum times the average daily amount by which the UK Revolver Commitments exceed the UK Revolver Exposure during any month; provided, that such fee shall reduce to 0.25% per annum for any month during
which the average daily amount of the UK Revolver Exposure exceeded 50% of the UK Revolver Commitments. Such fee shall be payable in arrears, on the first day of each month and on the UK Revolver Commitment Termination Date. 

(h) U.S. Unused Line Fee. U.S. Borrowers shall pay to Agent, for the Pro Rata benefit of U.S. Lenders, a fee equal to
0.375% per annum times the average daily amount by which the U.S. Revolver Commitments exceed the U.S. Revolver Exposure during any month; provided, that such fee shall reduce to 0.25% per annum for any month during which the average daily
amount of the U.S. Revolver Exposure exceeded 50% of the U.S. Revolver Commitments. Such fee shall be payable in arrears, on the first day of each month and on the U.S. Revolver Commitment Termination Date. 

3.2.2 Australian Letters of Credit Fees. Each Applicable Australian Borrower shall pay (a) to Agent, for the Pro Rata
benefit of Australian Lenders, a fee equal to the per annum rate of the Applicable Margin in effect for Australian Bank Bill Rate Loans times the average daily stated amount of such Applicable Australian Borrower’s Australian Letters of Credit,
which fee shall be payable monthly in arrears, on the first day of each month; (b) to Australian Fronting Bank, for its own account, a fronting fee equal to 0.125% per annum on the stated amount of each Australian Letter of Credit issued
by it, which fee shall be payable upon the issuance of such Australian Letter of Credit and at the time of each renewal or extension of each Australian Letter of Credit; and (c) to Australian Fronting Bank, for its own account, all customary
charges associated with the issuance, amending, negotiating, payment, processing, transfer and administration of Australian Letters of Credit issued by it, which charges shall be paid as and when incurred. 

3.2.3 Belgian Letters of Credit Fees. Each Applicable Belgian Borrower shall pay (a) to Agent, for the Pro Rata benefit of
Belgian Lenders, a fee equal to the per annum rate of the Applicable Margin in effect for LIBOR Loans times the average daily stated amount of such Applicable Belgian Borrower’s Belgian Letters of Credit, which fee shall be payable monthly in
arrears, on the first day of each month; (b) to Belgian Fronting Bank, for its own account, a fronting fee equal to 0.125% per annum on the stated amount of each Belgian Letter of Credit issued by it, which fee shall be payable upon the
issuance of such Belgian Letter of Credit and at the time of each renewal or extension of each Belgian Letter of Credit; and (c) to Belgian Fronting Bank, for its own account, all customary charges associated with the issuance, amending,
negotiating, payment, processing, transfer and administration of Belgian Letters of Credit issued by it, which charges shall be paid as and when incurred. 
 3.2.4 Canadian Letters of Credit Fees. Each Applicable Canadian Borrower shall pay (a) to Agent, for the Pro Rata benefit of Canadian Lenders, a fee equal to the per annum rate of the
Applicable Margin in effect for Canadian BA Rate Loans times the average daily 

  
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 stated amount of such Applicable Canadian Borrower’s Canadian Letters of Credit, which fee shall be
payable monthly in arrears, on the first day of each month; (b) to Canadian Fronting Bank, for its own account, a fronting fee equal to 0.125% per annum on the stated amount of each Canadian Letter of Credit issued by it, which fee shall be
payable upon the issuance of such Canadian Letter of Credit and at the time of each renewal or extension of each Canadian Letter of Credit; and (c) to Canadian Fronting Bank, for its own account, all customary charges associated with the issuance,
amending, negotiating, payment, processing, transfer and administration of Canadian Letters of Credit issued by it, which charges shall be paid as and when incurred. 
 3.2.5 Dutch Letters of Credit Fees. Each Applicable Dutch Borrower shall pay (a) to Agent, for the Pro Rata benefit of Dutch Lenders, a fee equal to the per annum rate of the Applicable
Margin in effect for LIBOR Loans times the average daily stated amount of such Applicable Dutch Borrower’s Dutch Letters of Credit, which fee shall be payable monthly in arrears, on the first day of each month; (b) to Dutch Fronting Bank, for
its own account, a fronting fee equal to 0.125% per annum on the stated amount of each Dutch Letter of Credit issued by it, which fee shall be payable upon the issuance of such Dutch Letter of Credit and at the time of each renewal or extension
of each Dutch Letter of Credit; and (c) to Dutch Fronting Bank, for its own account, all customary charges associated with the issuance, amending, negotiating, payment, processing, transfer and administration of Dutch Letters of Credit issued by it,
which charges shall be paid as and when incurred. 
 3.2.6 New Zealand Letters of Credit Fees. Each Applicable New
Zealand Borrower shall pay (a) to Agent, for the Pro Rata benefit of New Zealand Lenders, a fee equal to the per annum rate of the New Zealand Applicable Margin in effect for New Zealand Bank Bill Rate Loans times the average daily stated amount of
such Applicable New Zealand Borrower’s New Zealand Letters of Credit, which fee shall be payable monthly in arrears, on the first day of each month; (b) to New Zealand Fronting Bank, for its own account, a fronting fee in an amount agreed to in
the joinder documentation for the New Zealand Fronting Bank on the stated amount of each New Zealand Letter of Credit issued by it, which fee shall be payable upon the issuance of such New Zealand Letter of Credit and at the time of each renewal or
extension of each New Zealand Letter of Credit; and (c) to New Zealand Fronting Bank, for its own account, all customary charges associated with the issuance, amending, negotiating, payment, processing, transfer and administration of New Zealand
Letters of Credit issued by it, which charges shall be paid as and when incurred. 
 3.2.7 Singapore Letters of Credit
Fees. Each Applicable Singapore Borrower shall pay (a) to Agent, for the Pro Rata benefit of Singapore Lenders, a fee equal to the per annum rate of the Singapore Applicable Margin in effect for SIBOR Loans times the average daily stated
amount of such Applicable Singapore Borrower’s Singapore Letters of Credit, which fee shall be payable monthly in arrears, on the first day of each month; (b) to Singapore Fronting Bank, for its own account, a fronting fee in an amount agreed
to in the joinder documentation for the Singapore Fronting Bank on the stated amount of each Singapore Letter of Credit issued by it, which fee shall be payable upon the issuance of such Singapore Letter of Credit and at the time of each renewal or
extension of each Singapore Letter of Credit; and (c) to Singapore Fronting Bank, for its own account, all customary charges associated with the issuance, amending, negotiating, payment, processing, transfer and administration of Singapore Letters
of Credit issued by it, which charges shall be paid as and when incurred. 

  
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 3.2.8 UK Letters of Credit Fees. Each Applicable UK Borrower shall pay (a) to
Agent, for the Pro Rata benefit of UK Lenders, a fee equal to the per annum rate of the Applicable Margin in effect for LIBOR Loans times the average daily stated amount of such Applicable UK Borrower’s UK Letters of Credit, which fee shall be
payable monthly in arrears, on the first day of each month; (b) to UK Fronting Bank, for its own account, a fronting fee equal to 0.125% per annum on the stated amount of each UK Letter of Credit issued by it, which fee shall be payable upon
the issuance of such UK Letter of Credit and at the time of each renewal or extension of each UK Letter of Credit; and (c) to UK Fronting Bank, for its own account, all customary charges associated with the issuance, amending, negotiating, payment,
processing, transfer and administration of UK Letters of Credit issued by it, which charges shall be paid as and when incurred. 

3.2.9 U.S. Letters of Credit Fees. U.S. Borrowers shall pay (a) to Agent, for the Pro Rata benefit of U.S. Lenders, a fee
equal to the per annum rate of the Applicable Margin in effect for LIBOR Loans times the average daily stated amount of U.S. Letters of Credit (based on the Dollar Equivalent thereof), which fee shall be payable monthly in arrears, on the first day
of each month; (b) to U.S. Fronting Bank, for its own account, a fronting fee equal to 0.125% per annum on the stated amount of each U.S. Letter of Credit issued by it, which fee shall be payable upon the issuance of such U.S. Letter of Credit
and at the time of each renewal or extension of each U.S. Letter of Credit; and (c) to U.S. Fronting Bank, for its own account, all customary charges associated with the issuance, amending, negotiating, payment, processing, transfer and
administration of U.S. Letters of Credit issued by it, which charges shall be paid as and when incurred. 
 3.2.10 Other
Fees. MRC and the Initial Canadian Borrower shall pay such other fees as described in the Fee Letter. 
 3.3
Computation of Interest, Fees, Yield Protection. All interest, as well as fees and other charges calculated on a per annum basis, shall be computed for the actual days elapsed, based on a year of 360 days, or, in the case of interest
based on Loans denominated in Australian Dollars, Canadian Dollars, New Zealand Dollars and Sterling, on the basis of a 365 day year. Each determination by Agent of any interest, fees or interest rate hereunder shall be final, conclusive and binding
for all purposes, absent manifest error. All fees shall be fully earned when due and shall not be subject to rebate, refund or proration. All fees payable under Section 3.2 are compensation for services and are not, and shall not be deemed to
be, interest or any other charge for the use, forbearance or detention of money, except to the extent such treatment is inconsistent with any Applicable Law. A certificate setting forth in reasonable detail amounts payable by any Borrower under
Section 3.4, 3.7, 3.8 or 3.10 and the basis therefor, submitted to a Loan Party Agent by Agent or the affected Lender or Fronting Bank shall be final, conclusive and binding for all purposes, absent manifest error, and Borrowers shall pay such
amounts to the appropriate party within 10 Business Days following receipt of the certificate. For the purposes of the Interest Act (Canada), the yearly rate of interest to which any rate calculated on the basis of a period of time different
from the actual number of days in the year (360 days, for example) is equivalent is the stated rate multiplied by the actual number of days in 

  
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 the year (365 or 366, as applicable) and divided by the number of days in the shorter period (360 days, in
the example), and the parties hereto acknowledge that there is a material distinction between the nominal and effective rates of interest and that they are capable of making the calculations necessary to compare such rates and that the calculations
herein are to be made using the nominal rate method and not on any basis that gives effect to the principle of deemed reinvestment of interest. 
 3.4 Reimbursement Obligations. Borrowers within each Borrower Group shall reimburse Agent and Security Trustees for all Extraordinary Expenses incurred by Agent and Security Trustees in
reference to such Borrower Group or its related Loan Party Group Obligations or Collateral of its related Loan Party Group. In addition to such Extraordinary Expenses, such Borrowers shall also reimburse Agent and Security Trustees for all
reasonable and documented legal, accounting, appraisal, and other reasonable and documented fees, costs and expenses, without duplication, incurred by them in connection with (a) negotiation and preparation of any Loan Documents, including any
amendment or other modification thereof; (b) administration of and actions relating to any Collateral, including any actions taken to perfect or maintain priority of Agent’s or any Security Trustee’s Liens on any such Collateral, to
maintain any insurance required hereunder or to verify such Collateral; and (c) each inspection, audit or appraisal with respect to any Loan Party within such Borrowers’ related Loan Party Group or Collateral securing such Loan Party
Group’s Obligations, whether prepared by Agent’s personnel or a third party (subject to the limitations of Section 10.1.15). All legal and accounting fees incurred by Agent Professionals or any applicable Security Trustee in reference
to a Borrower’s related Loan Party Group or its related Loan Party Group Obligations or Collateral of such Borrower’s related Loan Party Group shall be charged to Borrowers within such Borrower Group at the actual rate charged by such
Agent Professionals or such Security Trustee; provided that Borrowers’ obligation to reimburse Agent and Security Trustees for legal fees shall be limited to the reasonable and documented legal fees and expenses of Vinson &
Elkins LLP, U.S. counsel to Agent, the Norton Rose Group, as foreign counsel to Agent and Security Trustees (other than in Belgium and New Zealand), LYDIAN, Belgian counsel to Agent and Security Trustees, and Bell Gully, New Zealand counsel to Agent
and Security Trustees and, if necessary, of one local counsel in each other relevant jurisdiction (which may include a local counsel acting in multiple jurisdictions). In addition to the Extraordinary Expenses of Agent and Security Trustees, upon
the occurrence and during the continuance of an Event Default, Borrowers shall reimburse Fronting Banks and Lenders for the reasonable and documented fees, charges and disbursements of one counsel for the Fronting Banks and Lenders, as a whole, in
connection with the enforcement, collection or protection of their respective rights under the Loan Documents, including all such expenses incurred during any workout, restructuring or Insolvency Proceeding. If, for any reason (including inaccurate
reporting on financial statements), it is determined that a higher Applicable Margin (or New Zealand Applicable Margin or Singapore Applicable Margin) should have applied to a period than was actually applied, then the proper margin shall be applied
retroactively and Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, an amount equal to the difference between the amount of interest and fees that would have accrued using the proper margin and the amount actually paid. All amounts
payable by Borrowers under this Section 3.4 shall be due and payable in accordance with Section 3.3. 

  
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 3.5 Illegality. If any Lender determines that any Applicable Law has made it
unlawful, or that any Governmental Authority has asserted that it is unlawful, for any Lender or its applicable Lending Office to make, maintain or fund Interest Period Loans, or to determine or charge interest rates based upon the Australian Bank
Bill Rate, the Canadian BA Rate, LIBOR, the New Zealand Bank Bill Rate or SIBOR, or any Governmental Authority has imposed material restrictions on the authority of such Lender to purchase or sell bills of exchange denominated in, or to take
deposits of, Australian Dollars or New Zealand Dollars, a currency in the London interbank market, Canadian Dollars through bankers’ acceptances or Singapore Dollars in the Singapore interbank market then, on notice thereof by such Lender to
Agent, any obligation of such Lender to make or continue affected Interest Period Loans or to convert Floating Rate Loans to affected Interest Period Loans shall be suspended until such Lender notifies Agent that the circumstances giving rise to
such determination no longer exist. Upon delivery of such notice, Borrowers of the affected Borrower Group shall prepay or, if applicable, convert all affected Interest Period Loans of such Lender to Floating Rate Loans, either on the last day of
the Interest Period therefor, if such Lender may lawfully continue to maintain such Interest Period Loans to such day, or immediately, if such Lender may not lawfully continue to maintain such Interest Period Loans. Upon any such prepayment or
conversion, Borrowers of the affected Borrower Group shall also pay accrued interest on the amount so prepaid or converted. If any Lender invokes this Section 3.5, such Lender shall use reasonable efforts to notify a Loan Party Agent and Agent
when the conditions giving rise to such action no longer exists, provided, however, that such Lender shall have no liability to Borrowers or to any other Person for its failure to provide such notice. 

3.6 Inability to Determine Rates. If Required Lenders notify Agent for any reason in connection with a request for a
Borrowing of, or conversion to or continuation of, an Interest Period Loan that (a) deposits or bankers’ acceptances are not being offered to (i) with respect to LIBOR, banks in the London interbank market, (ii) with respect to
Canadian BA Rate, Persons in Canada, (iii) with respect to the Australian Bank Bill Rate, Persons in Australia, (iv) with respect to the New Zealand Bank Bill Rate, Persons in New Zealand, or (v) with respect to SIBOR, banks in the
Singapore interbank market, in each case for the applicable amount and Interest Period of such Loan, (b) adequate and reasonable means do not exist for determining the Australian Bank Bill Rate, the New Zealand Bank Bill Rate, LIBOR, the
Canadian BA Rate or SIBOR for the requested Interest Period, or (c) the Australian Bank Bill Rate, the New Zealand Bank Bill Rate, LIBOR, the Canadian BA Rate or SIBOR for the requested Interest Period does not adequately and fairly reflect the
cost to such Lenders of funding such Loan, then Agent will promptly so notify a Loan Party Agent and each Applicable Lender. Thereafter, the obligation of the Applicable Lenders to make or maintain affected Interest Period Loans shall be suspended
until Agent (upon instruction by Required Lenders) revokes such notice. Upon receipt of such notice, a Loan Party Agent may revoke any pending request for a Borrowing of, conversion to or continuation of an Interest Period Loan or, failing that,
will be deemed to have submitted a request for a Floating Rate Loan. If any Lender invokes this Section 3.6, such Lender shall use reasonable efforts to notify the relevant Loan Party Agent and Agent when the conditions giving rise to such
action no longer exists, provided, however, that such Lender shall have no liability to Borrowers or to any other Person for its failure to provide such notice. 

  
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 3.7 Increased Costs; Capital Adequacy. 

3.7.1 Change in Law. If any Change in Law shall: 
 (a) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or credit extended or
participated in by, any Lender (except any reserve requirement reflected in the Australian Bank Bill Rate, Canadian BA Rate, LIBOR, the New Zealand Bank Bill Rate or SIBOR) or Fronting Bank; or 

(b) impose on any Lender or Fronting Bank or the London interbank market, the Singapore interbank market or the New Zealand, Australian
or Canadian market any other condition, cost or expense affecting any Loan, Loan Document, Letter of Credit or participation in LC Obligations; 

and the result thereof shall be to increase the cost to such Lender of making or maintaining any Interest Period Loan (or of maintaining its obligation
to make any such Loan), or to increase the cost to such Lender or Fronting Bank of participating in, issuing or maintaining any Letter of Credit (or of maintaining its obligation to participate in or to issue any Letter of Credit), or to reduce the
amount of any sum received or receivable by such Lender or Fronting Bank hereunder (whether of principal, interest or any other amount) then, upon request of such Lender or Fronting Bank, the Borrower Group to which such Lender or Fronting Bank has
a Commitment shall pay to such Lender or Fronting Bank such additional amount or amounts as will compensate such Lender or Fronting Bank for such additional costs incurred or reduction suffered, in each case, in accordance with Section 3.3. For
the avoidance of doubt, this Section 3.7.1 shall not apply (i) to any Taxes or (ii) to the extent that any amount is compensated for by the payment of any amount pursuant to Section 3.8. 

3.7.2 Capital Adequacy. If any Lender or Fronting Bank determines that any Change in Law affecting such Lender or Fronting
Bank or any Lending Office of such Lender or such Lender’s or Fronting Bank’s holding company, if any, regarding capital, liquidity or leverage requirements has or would have the effect of reducing the rate of return on such Lender’s,
Fronting Bank’s or holding company’s capital as a consequence of this Agreement, or such Lender’s or Fronting Bank’s Commitments, Loans, Letters of Credit or participations in LC Obligations to a level below that which such
Lender, Fronting Bank or holding company could have achieved but for such Change in Law (taking into consideration such Lender’s, Fronting Bank’s and holding company’s policies with respect to capital adequacy), then from time to time
the Borrower Group to which such Lender or Fronting Bank has a Commitment will pay to such Lender or Fronting Bank, as the case may be, such additional amount or amounts as will compensate it or its holding company for any such reduction suffered,
in each case, in accordance with Section 3.3. 
 3.7.3 Compensation. Failure or delay on the part of any
Lender or Fronting Bank to demand compensation pursuant to this Section 3.7 shall not constitute a waiver of its right to demand such compensation, but Borrowers of a Borrower Group shall not be required to compensate a Lender to such Borrower
Group or Fronting Bank for any increased costs incurred or reductions suffered more than six months prior to the date that the Lender or Fronting Bank 

  
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 notifies a Loan Party Agent of the Change in Law giving rise to such increased costs or reductions and of
such Lender’s or Fronting Bank’s intention to claim compensation therefor (except that, if the Change in Law giving rise to such increased costs or reductions is retroactive, then the six month period referred to above shall be extended to
include the period of retroactive effect thereof). 
 3.8 Additional Reserve Costs. 

(a) If and so long as any Lender is required by the Bank of England, the European Central Bank or the Financial Services Authority or any
other monetary or other authority of the UK to make special deposits, to maintain reserve asset ratios or to pay fees, in each case in respect of such Lender’s LIBOR Loans, such Lender may require the Borrower in respect of such Loans to pay,
contemporaneously with each payment of interest on each of such Loans, additional interest on such Loan at a rate per annum equal to the Mandatory Costs Rate calculated in accordance with the formula and in the manner set forth in
Schedule 3.8. 
 (b) Any additional cost owed pursuant to Section 3.8(a) above shall be payable to the Agent by
the applicable Borrower for the account of such Lender on each date on which interest is payable for such Loan. 
 3.9
Mitigation. If any Lender gives a notice under Section 3.5 or requests compensation under Section 3.7 or 3.8, or if any Borrower is required to pay additional amounts or indemnity payments with respect to a Lender under
Section 5.8, then such Lender shall use reasonable efforts to designate a different Lending Office or to assign its rights and obligations hereunder to another of its offices, branches or Affiliates, if, in the judgment of such Lender, such
designation or assignment (a) would eliminate the need for such notice or reduce amounts payable or to be withheld in the future, as applicable; and (b) in each case, would not subject such Lender to any unreimbursed cost or expense and
would not otherwise be materially disadvantageous to such Lender or unlawful. The Borrower or Borrowers of each affected Borrower Group shall pay all reasonable costs and expenses incurred by any Lender that has issued a Commitment to such Borrower
Group in connection with any such designation or assignment. 
 3.10 Funding Losses. If for any reason (other than
default by a Lender) (a) any Borrowing of, or conversion to or continuation of, an Interest Period Loan does not occur on the date specified therefor in a Notice of Borrowing or Notice of Conversion/Continuation (whether or not withdrawn),
(b) any repayment or conversion of an Interest Period Loan occurs on a day other than the end of its Interest Period, or (c) any Borrower of either Borrower Group fails to repay an Interest Period Loan when required hereunder, then
Borrowers of such Borrower Group shall pay to Agent its customary administrative charge and to each Lender all losses and expenses that it sustains as a consequence thereof, including any loss or expense arising from liquidation or redeployment of
funds or from fees payable to terminate deposits of matching funds, but excluding loss of margin. All amounts payable by Borrowers under this Section 3.10 shall be due and payable in accordance with Section 3.3. Lenders shall not be
required to purchase deposits in the London interbank market or any other applicable market to fund any Interest Period Loan, but the provisions hereof shall be deemed to apply as if each Lender had purchased such deposits to fund such Loans.

  
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 3.11 Maximum Interest. Notwithstanding anything to the contrary contained in
any Loan Document, the interest paid or agreed to be paid under the Loan Documents shall not exceed the maximum rate of non-usurious interest permitted by Applicable Law (“maximum rate”). If Agent or any Lender shall receive
interest in an amount that exceeds the maximum rate, the excess interest shall be applied to the principal of the Obligations of the Borrower Group to which such excess interest relates or, if it exceeds such unpaid principal, refunded to such
Borrower Group. In determining whether the interest contracted for, charged or received by Agent or a Lender exceeds the maximum rate, such Person may, to the extent permitted by Applicable Law, (a) characterize any payment that is not
principal as an expense, fee or premium rather than interest; (b) exclude voluntary prepayments and the effects thereof; and (c) amortize, prorate, allocate and spread in equal or unequal parts the total amount of interest throughout the
contemplated term of the Obligations hereunder. Without limiting the generality of the foregoing provisions of Section 3.11, if any provision of any of the Loan Documents would obligate any Canadian Domiciled Loan Party to make any payment of
interest with respect to the Canadian Facility Obligations in an amount or calculated at a rate which would be prohibited by Applicable Law or would result in the receipt of interest with respect to the Canadian Facility Obligations at a criminal
rate (as such terms are construed under the Criminal Code (Canada)), then notwithstanding such provision, such amount or rates shall be deemed to have been adjusted with retroactive effect to the maximum amount or rate of interest, as the case may
be, as would not be so prohibited by law or so result in a receipt by the applicable recipient of interest with respect to the Canadian Facility Obligations at a criminal rate, such adjustment to be effected, to the extent necessary, as follows:
(i) first, by reducing the amount or rates of interest required to be paid by the Canadian Facility Loan Parties to the applicable recipient under the Loan Documents; and (ii) thereafter, by reducing any fees, commissions, premiums and
other amounts required to be paid by the Canadian Facility Loan Parties to the applicable recipient which would constitute interest with respect to the Canadian Facility Obligations for purposes of Section 347 of the Criminal Code (Canada).
Notwithstanding the foregoing, and after giving effect to all adjustments contemplated thereby, if the applicable recipient shall have received an amount in excess of the maximum permitted by that section of the Criminal Code (Canada), then Canadian
Facility Loan Parties shall be entitled, by notice in writing to Agent, to obtain reimbursement from the applicable recipient in an amount equal to such excess, and pending such reimbursement, such amount shall be deemed to be an amount payable by
the applicable recipient to the applicable Canadian Facility Loan Party. Any amount or rate of interest with respect to the Canadian Facility Obligations referred to in this Section 3.11 shall be determined in accordance with generally accepted
actuarial practices and principles as an effective annual rate of interest over the term that any Canadian Revolver Loans to any Canadian Borrower remains outstanding on the assumption that any charges, fees or expenses that fall within the meaning
of “interest” (as defined in the Criminal Code (Canada)) shall, if they relate to a specific period of time, be pro rated over that period of time and otherwise be pro rated over the period from the Closing Date to the date of Full Payment
of the Canadian Facility Obligations, and, in the event of a dispute, a certificate of a Fellow of the Canadian Institute of Actuaries appointed by Agent shall be conclusive for the purposes of such determination. 

  
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 SECTION 4. LOAN ADMINISTRATION 

4.1 Manner of Borrowing and Funding Loans. 
 4.1.1 Notices of Borrowing. 
 (a) North American Revolver
Loans. Whenever any Canadian Borrower or U.S. Borrower desires funding of a Borrowing of Revolver Loans, the North American Loan Party Agent shall give Agent a Notice of Borrowing. Such notice must be received by Agent no later than 11:00 a.m.
(i) on the Business Day of the requested funding date, in the case of Floating Rate Loans and (ii) at least three Business Days prior to the requested funding date, in the case of Interest Period Loans. Notices received after 11:00 a.m.
shall be deemed received on the next Business Day. Each Notice of Borrowing shall be irrevocable and shall specify (A) the amount of the Borrowing, (B) the requested funding date (which must be a Business Day), (C) whether the
Borrowing is to be made as a U.S. Base Rate Loan or a LIBOR Revolver Loan, in the case of a U.S. Borrower, or a Canadian Base Rate Loan, LIBOR Loan, Canadian Prime Rate Loan or Canadian BA Rate Loan, in the case of a Canadian Borrower, (D) in
the case of Interest Period Loans, the duration of the applicable Interest Period (which shall be deemed to be one month if not specified) and (E) the Borrower Group Commitment under which such Borrowing is proposed to be made and, if such
Borrowing is requested for a Canadian Borrower, the name of the Applicable Canadian Borrower and whether such Loan is to be denominated in Dollars or Canadian Dollars. 
 (b) European Revolver Loans. Whenever any Belgian Borrower, Dutch Borrower or UK Borrower desires funding of a Borrowing of Revolver Loans, the European Loan Party Agent shall give Agent and Bank
of America (London) a Notice of Borrowing. Such notice must be received by Agent and Bank of America (London) no later than 11:00 a.m. (Local Time) (i) at least two Business Days prior to the requested funding date, in the case of Floating Rate
Loans and (ii) at least three Business Days prior to the requested funding date, in the case of Interest Period Loans. Notices received after 11:00 a.m. (Local Time) shall be deemed received on the next Business Day. Each Notice of Borrowing
shall be irrevocable and shall specify (A) the amount of the Borrowing, (B) the requested funding date (which must be a Business Day), (C) whether the Borrowing is to be made as a Base Rate Loan or a LIBOR Loan, (D) in the case
of Interest Period Loans, the duration of the applicable Interest Period (which shall be deemed to be one month if not specified), (E) the Borrower Group Commitment under which such Borrowing is proposed to be made and the name of the
Applicable Foreign Borrower and (F) the currency in which such Loan will be denominated (which must be a currency permitted under this Agreement for such Loan). 
 (c) Asian Revolver Loans. 
 (i) Australia. Whenever
any Australian Borrower desires funding of a Borrowing of Revolver Loans, the Asian Loan Party Agent shall give Agent, Bank of America (Australia) and Bank of America (Hong Kong) a Notice of Borrowing. Such notice must be received by Agent, Bank of
America (Australia) and Bank of America (Hong Kong) no later than 10:00 a.m. (Local Time) (A) at least two Business Days prior to the requested funding date, in the case of Floating Rate Loans (provided, that a Notice 

  
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 of Borrowing that requests a Revolver Loan (x) denominated other than in Australian
Dollars or (y) in excess of AUS$30,000,000 (or such lesser amount as Agent may require in its discretion) must be received no later than 10:00 a.m. (Local Time) three Business Days prior to the requested funding date (or such shorter time as
may be agreed to by Agent and Australian Lenders)) and (B) at least three Business Days prior to the requested funding date in the case of Interest Period Loans. Notices received after 10:00 a.m. (Local Time) shall be deemed received on the
next Business Day. Each Notice of Borrowing shall be irrevocable and shall specify (1) the amount of the Borrowing, (2) the requested funding date (which must be a Business Day), (3) whether the Borrowing is to be made as an
Australian Bank Bill Rate Loan, an Australian Base Rate Loan or a LIBOR Loan, (4) in the case of Interest Period Loans, the duration of the applicable Interest Period (which shall be deemed to be one month if not specified), (5) the name
of the Applicable Foreign Borrower and (6) the currency in which such Loan will be denominated (which must be a currency permitted under this Agreement for such Loan). 

(ii) New Zealand. Whenever any New Zealand Borrower desires funding of a Borrowing of Revolver Loans, the Asian
Loan Party Agent shall give Agent, Bank of America (Australia) and Bank of America (Hong Kong) a Notice of Borrowing. Such notice must be received by Agent, Bank of America (Australia) and Bank of America (Hong Kong) no later than 10:00 a.m. (Local
Time) (A) at least two Business Days prior to the requested funding date, in the case of Floating Rate Loans (provided, that a Notice of Borrowing that requests a Revolver Loan denominated other than in New Zealand Dollars must be received no
later than 10:00 a.m. (Local Time) three Business Days prior to the requested funding date (or such shorter time as may be agreed to by Agent and New Zealand Lenders)) and (B) at least three Business Days prior to the requested funding date in
the case of Interest Period Loans. Notices received after 10:00 a.m. (Local Time) shall be deemed received on the next Business Day. Each Notice of Borrowing shall be irrevocable and shall specify (1) the amount of the Borrowing, (2) the
requested funding date (which must be a Business Day), (3) whether the Borrowing is to be made as a New Zealand Bank Bill Rate Loan, a New Zealand Base Rate Loan or a LIBOR Loan, (4) in the case of Interest Period Loans, the duration of
the applicable Interest Period (which shall be deemed to be one month if not specified), (5) the name of the Applicable Foreign Borrower and (6) the currency in which such Loan will be denominated (which must be a currency permitted under
this Agreement for such Loan). 
 (iii) Singapore. Whenever any Singapore Borrower desires funding of a
Borrowing of Revolver Loans, the Asian Loan Party Agent shall give Agent, Bank of America (Singapore) and Bank of America (Hong Kong) a Notice of Borrowing. Such notice must be received by Agent, Bank of America (Singapore) and Bank of America (Hong
Kong) no later than 11:00 a.m. (Local Time) (i) at least two Business Days prior to the requested funding date, in the case of Floating Rate Loans (provided, that a Notice of Borrowing that requests a Revolver Loan denominated other than in
Singapore Dollars must be received no later than 11:00 a.m. (Local Time) three Business Days prior to the requested funding date (or such shorter time as may be agreed to by Agent and Singapore Lenders)) and (ii) at least three Business Days
prior to the requested funding date in the case of Interest Period Loans. Notices received after 11:00 a.m. (Local Time) shall be deemed received on the next Business Day. Each Notice of Borrowing shall be 

  
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 irrevocable and shall specify (A) the amount of the Borrowing, (B) the requested
funding date (which must be a Business Day), (C) whether the Borrowing is to be made as a Singapore Base Rate Loan, a LIBOR Loan or a SIBOR Loan, (D) in the case of Interest Period Loans, the duration of the applicable Interest Period
(which shall be deemed to be one month if not specified), (E) the name of the Applicable Foreign Borrower and (F) the currency in which such Loan will be denominated (which must be a currency permitted under this Agreement for such Loan).

 (d) North American Swingline Loans. Whenever any Canadian Borrower or U.S. Borrower desires funding of a Borrowing of
Swingline Loans, the North American Loan Party Agent shall give the Agent a Notice of Borrowing. Such notice must be received by the Agent no later than 11:00 a.m. on the Business Day of the requested funding date. Notices received after 11:00 a.m.
shall be deemed received on the next Business Day. Each Notice of Borrowing shall be irrevocable and shall specify (A) the amount of the Borrowing, (B) the requested funding date (which must be a Business Day), (C) whether the
Borrowing is to be made as a Canadian Base Rate Loan or Canadian Prime Rate Loan, in the case of a Canadian Borrower, and (D) the Borrower Group Commitment under which such Borrowing is proposed to be made and, if such Borrowing is requested
for a Canadian Borrower, the name of the Applicable Canadian Borrower and whether such Loan is to be denominated in Dollars or Canadian Dollars. 
 (e) European Swingline Loans. Whenever any Belgian Borrower, Dutch Borrower or UK Borrower desires funding of a Borrowing of Swingline Loans, the European Loan Party Agent shall give the Agent and
Bank of America (London) a Notice of Borrowing. Such notice must be received by the Agent no later than 11:00 a.m. (London time) on the Business Day of the requested funding date other than in the case of UK Alternate Swingline Loans and no later
than 11:00 a.m. (London time) three Business Days prior to the requested funding date in the case of UK Alternate Swingline Loans. Notices received after 11:00 a.m. (London time) shall be deemed received on the next Business Day. Each Notice of
Borrowing shall be irrevocable and shall specify (A) the amount of the Borrowing, (B) the requested funding date (which must be a Business Day), (C) the Borrower Group Commitment under which such Borrowing is proposed to be made and
the name of the Applicable Foreign Borrower and (D) the currency in which such Loan will be denominated (which must be a currency permitted under this Agreement for such Loan). 

(f) Asian Swingline Loans. Whenever any Australian Borrower, New Zealand Borrower or Singapore Borrower desires funding of a
Borrowing of Swingline Loans, the Asian Loan Party Agent shall give the Agent, Bank of America (Australia) and Bank of America (Hong Kong) (in the case of a request by Australian Borrowers and New Zealand Borrowers) or Bank of America (Singapore)
and Bank of America (Hong Kong) (in the case of a request by Singapore Borrowers) a Notice of Borrowing. Such notice must be received by the Agent and Bank of America (Australia) or Bank of America (Singapore), as applicable, and Bank of America
(Hong Kong) no later than 10:00 a.m. (Local Time) on the Business Day of the requested funding date (provided, that a Notice of Borrowing that requests a Swingline Loan denominated in Dollars must be received no later than 10:00 a.m. (Local Time)
three Business Days prior to the requested funding date (or such shorter time as may be agreed to by Agent)). Notices received after 10:00 a.m. (Local Time) shall be deemed received on the next Business 

  
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 Day. Each Notice of Borrowing shall be irrevocable and shall specify (A) the amount of the Borrowing,
(B) the requested funding date (which must be a Business Day), (C) the Borrower Group Commitment under which such Borrowing is proposed to be made and the name of the Applicable Foreign Borrower and (D) the currency in which such Loan
will be denominated (which must be a currency permitted under this Agreement for such Loan). 
 (g) Deemed Requests for
Revolver Loans. Unless payment is otherwise timely made by each Borrower within a Borrower Group, the becoming due of any amount required to be paid with respect to any of the Obligations of the Loan Party Group to which such Borrower Group
belongs (whether principal, interest, fees or other charges, including Extraordinary Expenses, LC Obligations and Cash Collateral) shall be deemed to be a request for Revolver Loans by such Borrower Group on the due date, in the amount of such
Obligations and shall bear interest at the per annum rate applicable hereunder to Base Rate Loans, in the case of such Obligations owing by any Loan Party (other than a Canadian Domiciled Loan Party), or to Canadian Prime Rate Loans, in the case of
such Obligations owing by a Canadian Domiciled Loan Party. The proceeds of such Revolver Loans shall be disbursed as direct payment of the relevant Obligation. 
 (h) Controlled Disbursement Accounts. If any Borrower within a Borrower Group establishes a controlled disbursement account with Bank of America or any branch or Affiliate of Bank of America, then
the presentation for payment of any check, ACH or electronic debit or other payment item drawn on such account at a time when there are insufficient funds to cover it shall be deemed to be a request for Revolver Loans by such Borrower Group on the
date of such presentation, in the amount of such payment item, and shall bear interest at the per annum rate applicable hereunder to Base Rate Loans, in the case of insufficient funds owing by any Loan Party (other than a Canadian Facility Loan
Party), or to Canadian Prime Rate Loans, in the case of insufficient funds owing by a Canadian Facility Loan Party. The proceeds of such Revolver Loans may be disbursed directly to the controlled disbursement account or other appropriate account.

 4.1.2 Fundings by Lenders; Settlement. 

(a) Each Applicable Lender shall timely honor its Borrower Group Commitment by funding its Pro Rata share of each Borrowing of Revolver
Loans under such Borrower Group Commitment that is properly requested hereunder; provided, however, that no Lender shall be required to honor its Borrower Group Commitment by funding its Pro Rata share of any Borrowing that would cause
the Revolver Loans to a Borrower Group to exceed the aggregate Borrowing Base for such Borrower Group or, with respect to any Applicable Foreign Borrower, the limit contained in Section 2.11. Agent shall endeavor to notify the Applicable
Lenders of each Notice of Borrowing (or deemed request for a Borrowing) by (i) 12:00 noon (Local Time) on the proposed funding date for Floating Rate Loans to U.S. Borrowers or Canadian Borrowers, (ii) 12:00 noon (Local Time) two Business
Days before any proposed funding date for Floating Rate Loans to Foreign Borrowers (other than Canadian Borrowers), or (iii) 11:00 a.m. (Local Time) at least two Business Days before any proposed funding of Interest Period Loans. Each
Applicable Lender shall fund to Agent such Lender’s Pro Rata share of the Borrowing to the account specified by Agent in immediately available funds not later than 2:00 p.m. (Local Time) on the requested funding date, unless Agent’s notice
is received after the 

  
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 times provided above, in which event each Applicable Lender shall fund its Pro Rata share by 11:00 a.m.
(Local Time) on the next Business Day. Subject to its receipt of such amounts from the Applicable Lenders, Agent shall disburse the proceeds of the Revolver Loans as directed by the applicable Loan Party Agent. Unless Agent shall have received (in
sufficient time to act) written notice from an Applicable Lender that it does not intend to fund its Pro Rata share of a Borrowing, Agent may assume that such Applicable Lender has deposited or promptly will deposit its share with Agent, and Agent
may disburse a corresponding amount to the Borrower or Borrowers within such Borrower Group. If an Applicable Lender’s share of any Borrowing is not received by Agent, then the Borrower or Borrowers within the Borrower Group agree to repay to
Agent on demand the amount of such share, together with interest thereon from the date disbursed until repaid, at the rate applicable to such Borrowing. Notwithstanding the foregoing, the Agent may, in its discretion, fund any request for a
Borrowing of Revolver Loans as Swingline Loans. 
 (b) To facilitate administration of the Revolver Loans, the Lenders, the
Swingline Lenders and the Agent agree (which agreement is solely among them, and not for the benefit of or enforceable by any Borrower or any other Loan Party) that settlement among them with respect to Swingline Loans and other Revolver Loans may
take place on a date determined from time to time by the Agent, which shall occur at least once every (i) five (5) Business Days with respect to U.S. Swingline Loans, Canadian Swingline Loans and any other Revolver Loans (excluding other
Swingline Loans) and (ii) ten (10) Business Days with respect to Australian Swingline Loans, Belgian Swingline Loans, Dutch Swingline Loans, New Zealand Swingline Loans, Singapore Swingline Loans and UK Swingline Loans; provided, that UK
Alternate Swingline Loans will not be subject to regular periodic settlement. On each settlement date, settlement shall be made with each Lender in accordance with the Settlement Report delivered by the Agent to the Lenders. Between settlement
dates, the Agent may in its discretion (but is not obligated to) apply payments on Revolver Loans to Swingline Loans, regardless of any designation by a Loan Party Agent or any Borrower or any provision herein to the contrary. Each Lender’s
obligation to make settlements with the Agent is absolute and unconditional, without offset, counterclaim or other defense, and whether or not the Commitments have terminated, an Overadvance exists or the conditions in Section 6 are satisfied.
If, due to an Insolvency Proceeding with respect to any Borrower or any other Loan Party or otherwise, any Swingline Loan may not be settled among the Lenders hereunder, then each Applicable Lender shall be deemed to have purchased from the
applicable Swingline Lender a Pro Rata participation in each unpaid Swingline Loan and shall transfer the amount of such participation to the applicable Swingline Lender, in immediately available funds, within one Business Day after the Agent’s
request therefor. 
 4.1.3 Notices. Each Borrower authorizes the Agent and Lenders to extend Loans, convert or
continue Revolver Loans, effect selections of interest rates, and transfer funds to or on behalf of applicable Borrowers based on telephonic or e-mailed instructions by Loan Party Agents to the Agent. Each Loan Party Agent shall confirm each such
request by reasonably prompt delivery to the Agent of a Notice of Borrowing or Notice of Conversion/Continuation, if applicable, but if it differs in any material respect from the action taken by the Agent or Lenders, the records of the Agent and
Lenders shall govern. Neither the Agent nor any Lender shall have any liability for any loss suffered by a Borrower as a result of the Agent or any Lender acting upon its understanding of telephonic or e-mailed instructions from a person believed in
good faith by the Agent or any Lender to be a person authorized to give such instructions on a Loan Party Agent’s behalf. 

  
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 4.2 Defaulting Lender. 

4.2.1 Reallocation of Pro Rata Share; Amendments. For purposes of determining Lenders’ obligations to fund or
participate in Loans or Letters of Credit, the Agent may exclude the Commitments and Loans of any Defaulting Lender from the calculation of Pro Rata shares. A Defaulting Lender shall have no right to vote on any amendment, waiver or other
modification of a Loan Document, except as provided in Section 14.1.1(c). 
 4.2.2 Payments; Fees. The Agent
may, in its discretion, receive and retain any amounts payable to a Defaulting Lender under the Loan Documents, and a Defaulting Lender shall be deemed to have assigned to the Agent such amounts until all Obligations owing to the Agent,
non-Defaulting Lenders and other Secured Parties have been paid in full. The Agent may apply such amounts to the Defaulting Lender’s defaulted obligations, use the funds to Cash Collateralize such Lender’s LC Obligations, or readvance the
amounts to Borrowers hereunder. A Lender shall not be entitled to receive any fees accruing hereunder during the period in which it is a Defaulting Lender, and the unfunded portion of its Commitment shall be disregarded for purposes of calculating
the unused line fee under Section 3.2.1. If any LC Obligations owing to a Defaulting Lender are reallocated to other Lenders, fees attributable to such LC Obligations under Sections 3.2.2, 3.2.3, 3.2.4, 3.2.5, 3.2.6, 3.2.7, 3.2.8, or 3.2.9
shall be paid to such Lenders. Notwithstanding anything to the contrary in this Section 4.2.2, the LC Obligations owing to a Defaulting Lender may be reallocated to the other Lenders only to the extent that such reallocation does not cause the
Total Revolver Exposure of any non-Defaulting Lender to exceed such non-Defaulting Lender’s Commitment. The Agent shall be paid all fees attributable to LC Obligations that are not reallocated. 

4.2.3 Cure. Borrowers, the Agent and each Fronting Bank may agree in writing that a Lender is no longer a Defaulting
Lender. At such time, Pro Rata shares shall be reallocated without exclusion of such Lender’s Commitment and Loans, and all outstanding Revolver Loans, LC Obligations and other exposures under the Commitments shall be reallocated among Lenders
and settled by the Agent (with appropriate payments by the reinstated Lender) in accordance with the readjusted Pro Rata shares. Unless expressly agreed by Borrowers, the Agent and each Fronting Bank, no reinstatement of a Defaulting Lender shall
constitute a waiver or release of claims against such Lender. The failure of any Lender to fund a Loan, to make a payment in respect of LC Obligations or otherwise to perform its obligations hereunder shall not relieve any other Lender of its
obligations, and no Lender shall be responsible for default by another Lender. 
 4.3 Number and Amount of Interest Period
Loans; Determination of Rate. For ease of administration, all Interest Period Loans of the same Type to a Borrower Group having the same length and beginning date of their Interest Periods and the same currency shall be aggregated together,
and such Loans shall be allocated among the Applicable Lenders on a Pro Rata basis. With respect to any Borrower Group, no more than six (6) Borrowings of Interest Period Loans may be outstanding at any time, and each Borrowing of Interest
Period Loans when made, continued or converted shall be in a minimum amount of $1,000,000, or an increment of 

  
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 $100,000 in excess thereof. Upon determining Australian Bank Bill Rate, Canadian BA Rate, LIBOR, New Zealand
Bank Bill Rate or SIBOR for any Interest Period requested by Borrowers within a Borrower Group, Agent shall promptly notify the applicable Loan Party Agent thereof by telephone or electronically and, if requested by such Loan Party Agent, shall
confirm any telephonic notice in writing. 
 4.4 Loan Party Agents. 

4.4.1 North American Loan Party Agent. Each Canadian Domiciled Loan Party and each U.S. Domiciled Loan Party hereby
designates MRC (“North American Loan Party Agent”) as its representative and agent for all purposes under the Loan Documents, including requests for Loans and Letters of Credit, designation of interest rates, delivery or receipt of
communications, preparation and delivery of any Borrowing Base and financial reports, receipt and payment of Obligations, requests for waivers, amendments or other accommodations, actions under the Loan Documents (including in respect of compliance
with covenants), and all other dealings with Agent, any Fronting Bank or any Lender. North American Loan Party Agent hereby accepts such appointment. 
 4.4.2 European Loan Party Agent. Each Belgian Domiciled Loan Party, each Dutch Domiciled Loan Party and each UK Domiciled Loan Party hereby designates Holdings UK (“European Loan
Party Agent”) as its representative and agent for all purposes under the Loan Documents, including requests for Loans and Letters of Credit, designation of interest rates, delivery or receipt of communications, preparation and delivery of
any Borrowing Base and financial reports, receipt and payment of Obligations, requests for waivers, amendments or other accommodations, actions under the Loan Documents (including in respect of compliance with covenants), and all other dealings with
Agent, European Security Trustee, any Fronting Bank or any Lender. European Loan Party Agent hereby accepts such appointment. 

4.4.3 Asian Loan Party Agent. Each Australian Domiciled Loan Party, each New Zealand Domiciled Loan Party and each
Singapore Domiciled Loan Party hereby designates Transmark Australia (“Asian Loan Party Agent”) as its representative and agent for all purposes under the Loan Documents, including requests for Loans and Letters of Credit,
designation of interest rates, delivery or receipt of communications, preparation and delivery of any Borrowing Base and financial reports, receipt and payment of Obligations, requests for waivers, amendments or other accommodations, actions under
the Loan Documents (including in respect of compliance with covenants), and all other dealings with Agent, any Security Trustee, any Fronting Bank or any Lender. Asian Loan Party Agent hereby accepts such appointment. 

4.4.4 Loan Party Agents Generally. Agent, each Security Trustee, each Fronting Bank and each Lender shall be entitled to
rely upon, and shall be fully protected in relying upon, any notice or communication (including any Notice of Borrowing) delivered by a Loan Party Agent on behalf of any Loan Party. Agent, any Security Trustee, any Fronting Bank and any Lender may
give any notice or communication with a Loan Party hereunder to a Loan Party Agent on behalf of such Loan Party. Each of Agent, any Security Trustee, any Fronting Bank and any Lender shall have the right, in its discretion, to deal exclusively with
a Loan Party Agent for any or all purposes under the Loan Documents. Each Loan Party agrees that any notice, election, communication, representation, agreement or undertaking made on its behalf by the applicable Loan Party Agent shall be binding
upon and enforceable against it. 

  
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 4.5 One Obligation. Without in any way limiting any Guarantee of the Secured
Obligations, the U.S. Facility Secured Obligations owing by each U.S. Facility Loan Party shall constitute one general obligation of the U.S. Facility Loan Parties and (unless otherwise expressly provided in any Credit Document) shall be secured by
Agent’s Lien upon all Collateral of each U.S. Facility Loan Party; provided, however, that each Credit Party shall be deemed to be a creditor of, and the holder of a separate claim against, each U.S. Facility Loan Party to the
extent of any U.S. Facility Secured Obligations owed by such U.S. Facility Loan Party to such Credit Party. 
 4.6 Effect
of Termination. On the effective date of termination of the Commitments, all Obligations shall be immediately due and payable, and any Lender may terminate its and its Affiliates’ Bank Products (including, only with the consent of
Agent, any Cash Management Services). All undertakings of Loan Parties contained in the Loan Documents shall survive, and Agent and Security Trustees shall retain their Liens in the Collateral and all of their rights and remedies under the Loan
Documents until Full Payment of the Secured Obligations. Notwithstanding Full Payment of the Secured Obligations, Agent and Security Trustees shall not be required to terminate their Liens in any Collateral unless, with respect to any damages Agent
may incur as a result of the dishonor or return of Payment Items applied to Secured Obligations, Agent receives (a) a written agreement, executed by the relevant Loan Party Agent and any Person whose advances are used in whole or in part to
satisfy the Secured Obligations, indemnifying Agent and Lenders from any such damages; or (b) such Cash Collateral as Agent, in its reasonable discretion, deems necessary to protect against any such damages. Sections 2.2, 2.3, 2.4. 2.5,
2.6, 2.7, 2.8, 2.9, 3.4, 3.6, 3.7, 3.10, 5.4, 5.8, 5.9, 12, 14.2 and this Section 4.6, and the obligation of each Loan Party and Lender with respect to each indemnity given by it in any Loan Document, shall survive Full Payment of the Secured
Obligations and any release relating to this credit facility. 
 SECTION 5. PAYMENTS 

5.1 General Payment Provisions. All payments of Obligations shall be made without offset, counterclaim or defense of any
kind, and in immediately available funds, not later than 1:00 p.m. (Local Time) on the due date. Any payment after such time shall be deemed made on the next Business Day. If any payment under the Loan Documents shall be stated to be due on a day
other than a Business Day, the due date shall be extended to the next Business Day and such extension of time shall be included in any computation of interest and fees. Any payment of an Interest Period Loan prior to the end of its Interest Period
shall be accompanied by all amounts due under Section 3.10. Any prepayment of Loans to a Borrower Group shall be applied first to costs and expenses of Agent and Security Trustees (including any Extraordinary Expenses) relating to such Borrower
Group, second to Floating Rate Loans (and Agent may, in its discretion, apply such prepayment to Swingline Loans before other Revolver Loans) of such Borrower Group, and then to Interest Period Loans of such Borrower Group; provided,
however, that as long as no Default or Event of Default exists, prepayments of Interest Period Loans may, at the option of Borrowers of the applicable Borrower Group and Agent, be held by Agent as Cash Collateral and applied to such Loans at
the end of their Interest Periods (in which case no 

  
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 compensation under Section 3.10 hereof shall be payable with respect to such prepayment). All payments
with respect to any U.S. Facility Obligations shall be made in Dollars (other than under Sections 2.9.2(a) and 3.2.9(b)) and all payments with respect to any other Obligation shall be made in the currency of the underlying Obligation. Any
payment made contrary to the requirements of the preceding sentence shall be subject to the terms of Section 5.11. 

5.2 Repayment of Obligations. All (a) Australian Facility Obligations shall be immediately due and payable in full on
the Australian Revolver Commitment Termination Date, (b) Belgian Facility Obligations shall be immediately due and payable in full on the Belgian Revolver Commitment Termination Date, (c) Canadian Facility Obligations shall be immediately
due and payable in full on the Canadian Revolver Commitment Termination Date, (d) Dutch Facility Obligations shall be immediately due and payable in full on the Dutch Revolver Commitment Termination Date, (e) New Zealand Facility
Obligations shall be immediately due and payable in full on the New Zealand Revolver Commitment Termination Date, (f) Singapore Facility Obligations shall be immediately due and payable in full on the Singapore Revolver Commitment Termination
Date, (g) UK Facility Obligations shall be immediately due and payable in full on the UK Revolver Commitment Termination Date, and (h) U.S. Facility Obligations shall be immediately due and payable in full on the U.S. Revolver Commitment
Termination Date, in each case, unless payment of such Obligations is sooner required hereunder. Revolver Loans may be prepaid from time to time, without penalty or premium, subject to, in the case of Interest Period Loans, the payment of costs set
forth in Section 3.10 (except to the extent provided in Section 5.1). Notwithstanding anything herein to the contrary, if an Overadvance exists, Borrowers of the Borrower Group owing such Overadvance shall, on the sooner of Agent’s
demand or the first Business Day after any Borrower of such Borrower Group has knowledge thereof, repay the outstanding Loans in an amount sufficient to reduce the principal balance of the related Overadvance Loan to zero. If as a result of
fluctuations in exchange rates or otherwise the sum of all outstanding U.S. Revolver Loans and U.S. LC Obligations exceeds the U.S. Revolver Commitments, the excess amount shall be payable by the U.S. Borrowers within three Business Days following
demand by Agent. 
 5.3 Payment of Other Obligations. Obligations shall be paid by Borrowers as provided in the
Loan Documents or, if no payment date is specified, within 10 Business Days of demand by Agent therefor. 
 5.4
Marshaling; Payments Set Aside. None of Agent, Security Trustees, Fronting Banks or Lenders shall be under any obligation to marshal any assets in favor of any Loan Party or against any Obligations. If any payment by or on behalf of any
Borrower or Borrowers is made to Agent, any Security Trustee, any Fronting Bank, or any Lender, or Agent, any applicable Security Trustee, any Fronting Bank or any Lender exercises a right of setoff, and such payment or the proceeds of such setoff
or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, set aside or required (including pursuant to any settlement entered into by Agent, such Security Trustee, such Fronting Bank or such Lender in its
discretion) to be repaid to a Creditor Representative or any other Person, then to the extent of such recovery, the Obligation originally intended to be satisfied, and all Liens, rights and remedies relating thereto, shall be revived and continued
in full force and effect as if such payment had not been made or such setoff had not occurred. 

  
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 5.5 Post-Default Allocation of Payments. 

5.5.1 Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, monies to be applied to the
Secured Obligations, whether arising from payments by or on behalf of any Loan Party, realization on Collateral, setoff or otherwise, shall be allocated as follows: 
 (a) with respect to monies, payments, Property or Collateral of or from any U.S. Facility Loan Parties: 
 (i) first, to all costs and expenses, including Extraordinary Expenses, owing to Agent, to the extent owing by any U.S. Domiciled Loan Party; 

(ii) second, to all amounts owing to U.S. Swingline Lender on U.S. Swingline Loans; 

(iii) third, to all amounts owing to any U.S. Fronting Bank on U.S. LC Obligations; 

(iv) fourth, to all U.S. Facility Obligations constituting fees owing by the U.S. Facility Loan Parties (exclusive of any
Foreign Facility Obligations which are guaranteed by the U.S. Domiciled Loan Parties); 
 (v) fifth, to all U.S.
Facility Obligations constituting interest owing by the U.S. Facility Loan Parties (exclusive of any Foreign Facility Obligations which are guaranteed by the U.S. Domiciled Loan Parties); 

(vi) sixth, to Cash Collateralization of U.S. LC Obligations; 

(vii) seventh, to all U.S. Revolver Loans; 

(viii) eighth, to all other U.S. Facility Secured Obligations (exclusive of any Foreign Facility Secured Obligations which
are guaranteed by the U.S. Domiciled Loan Parties); and 
 (ix) ninth, to be applied ratably to clauses
(b) through (h) below, to the extent there are insufficient funds for the Full Payment of all Secured Obligations under any such clauses. 
 (b) with respect to monies, payments, Property or Collateral of or from any Australian Domiciled Loan Party, together with any allocations (I) prior to the Foreign Cross-Guarantee Date, pursuant to
Section 5.5.1(a)(ix), and (II) thereafter, pursuant to subclause (ix) of any clause of this Section 5.5.1: 
 (i) first, to all costs and expenses, including Extraordinary Expenses, owing to Agent and the AUS-NZ Security Trustee, to the extent owing by such Australian Domiciled Loan Party; 

  
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 (ii) second, to all amounts owing to Australian Swingline Lender on
Australian Swingline Loans to such Australian Domiciled Loan Party; 
 (iii) third, to all amounts owing by such
Australian Domiciled Loan Party to any Australian Fronting Bank on Australian LC Obligations of such Australian Domiciled Loan Party; 
 (iv) fourth, to all Australian Facility Obligations of such Australian Domiciled Loan Party constituting fees (exclusive of any other Foreign Facility Obligations which are guaranteed by such Australian
Domiciled Loan Party); 
 (v) fifth, to all Australian Facility Obligations of such Australian Domiciled Loan
Party constituting interest (exclusive of any other Foreign Facility Obligations which are guaranteed by such Australian Domiciled Loan Party); 
 (vi) sixth, to Cash Collateralization of Australian LC Obligations of such Australian Domiciled Loan Party; 
 (vii) seventh, to all Australian Revolver Loans of such Australian Domiciled Loan Party; 
 (viii) eighth, to all other Australian Facility Secured Obligations of such Australian Domiciled Loan Party (exclusive of any other Foreign Facility Secured Obligations which are guaranteed by such
Australian Domiciled Loan Party); and 
 (ix) ninth, following the Foreign Cross-Guarantee Date for such
Australian Domiciled Loan Party, to be applied ratably to the Foreign Facility Secured Obligations of other Foreign Domiciled Loan Parties that are the subject of such Foreign Cross-Guarantee in accordance with this Section 5.5.1 to the extent
there are insufficient funds for the Full Payment of all such Foreign Facility Secured Obligations. 
 (c) with respect to
monies, payments, Property or Collateral of or from any Belgian Domiciled Loan Party, together with any allocations (I) prior to the Foreign Cross-Guarantee Date, pursuant to Section 5.5.1(a)(ix), and (II) thereafter, pursuant to subclause
(ix) of any clause of this Section 5.5.1: 
 (i) first, to all costs and expenses, including
Extraordinary Expenses, owing to Agent and the European Security Trustee, to the extent owing by such Belgian Domiciled Loan Party; 
 (ii) second, to all amounts owing by such Belgian Domiciled Loan Party to Belgian Swingline Lender on Belgian Swingline Loans of such Belgian Domiciled Loan Party; 

(iii) third, to all amounts owing by such Belgian Domiciled Loan Party to any Belgian Fronting Bank on Belgian LC
Obligations of such Belgian Domiciled Loan Party; 

  
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 (iv) fourth, to all Belgian Facility Obligations of such Belgian Domiciled
Loan Party constituting fees (exclusive of any other Foreign Facility Obligations which are guaranteed by such Belgian Domiciled Loan Party); 
 (v) fifth, to all Belgian Facility Obligations of such Belgian Domiciled Loan Party constituting interest (exclusive of any other Foreign Facility Obligations which are guaranteed by such Belgian
Domiciled Loan Party); 
 (vi) sixth, to Cash Collateralization of Belgian LC Obligations of such Belgian
Domiciled Loan Party; 
 (vii) seventh, to all Belgian Revolver Loans of such Belgian Domiciled Loan Party;

 (viii) eighth, to all other Belgian Facility Secured Obligations of such Belgian Domiciled Loan Party
(exclusive of any other Foreign Facility Secured Obligations which are guaranteed by such Belgian Domiciled Loan Party); and 
 (ix) ninth, following the Foreign Cross-Guarantee Date for such Belgian Domiciled Loan Party, to be applied ratably to the Foreign Facility Secured Obligations of other Foreign Domiciled Loan Parties that
are the subject of such Foreign Cross-Guarantee in accordance with this Section 5.5.1 to the extent there are insufficient funds for the Full Payment of all such Foreign Facility Secured Obligations. 

(d) with respect to monies, payments, Property or Collateral of or from any Canadian Domiciled Loan Party, together with any allocations
(I) prior to the Foreign Cross-Guarantee Date, pursuant to Section 5.5.1(a)(ix), and (II) thereafter, pursuant to subclause (ix) of any clause of this Section 5.5.1: 

(i) first, to all costs and expenses, including Extraordinary Expenses, owing to Agent, to the extent owing by such
Canadian Domiciled Loan Party; 
 (ii) second, to all amounts owing to Canadian Swingline Lender on Canadian
Swingline Loans to such Canadian Domiciled Loan Party; 
 (iii) third, to all amounts owing by such Canadian
Domiciled Loan Party to any Canadian Fronting Bank on Canadian LC Obligations of such Canadian Domiciled Loan Party; 
 (iv) fourth, to all Canadian Facility Obligations of such Canadian Domiciled Loan Party constituting fees (exclusive of any other Foreign Facility Obligations which are guaranteed by such Canadian
Domiciled Loan Party); 
 (v) fifth, to all Canadian Facility Obligations of such Canadian Domiciled Loan Party
constituting interest (exclusive of any other Foreign Facility Obligations which are guaranteed by such Canadian Domiciled Loan Party); 

  
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 (vi) sixth, to Cash Collateralization of Canadian LC Obligations of such
Canadian Domiciled Loan Party; 
 (vii) seventh, to all Canadian Revolver Loans of such Canadian Domiciled Loan
Party; 
 (viii) eighth, to all other Canadian Facility Secured Obligations of such Canadian Domiciled Loan Party
(exclusive of any other Foreign Facility Secured Obligations which are guaranteed by such Canadian Domiciled Loan Party); and 
 (ix) ninth, following the Foreign Cross-Guarantee Date for such Canadian Domiciled Loan Party, to be applied ratably to the Foreign Facility Secured Obligations of other Foreign Domiciled Loan Parties
that are the subject of such Foreign Cross-Guarantee in accordance with this Section 5.5.1 to the extent there are insufficient funds for the Full Payment of all such Foreign Facility Secured Obligations. 

(e) with respect to monies, payments, Property or Collateral of or from any Dutch Domiciled Loan Party, together with any allocations
(I) prior to the Foreign Cross-Guarantee Date, pursuant to Section 5.5.1(a)(ix), and (II) thereafter, pursuant to subclause (ix) of any clause of this Section 5.5.1: 

(i) first, to all costs and expenses, including Extraordinary Expenses, owing to Agent and the European Security Trustee,
to the extent owing by such Dutch Domiciled Loan Party; 
 (ii) second, to all amounts owing to Dutch Swingline
Lender on Dutch Swingline Loans to such Dutch Domiciled Loan Party; 
 (iii) third, to all amounts owing by such
Dutch Domiciled Loan Party to any Dutch Fronting Bank on Dutch LC Obligations of such Dutch Domiciled Loan Party; 
 (iv) fourth, to all Dutch Facility Obligations of such Dutch Domiciled Loan Party constituting fees (exclusive of any other Foreign Facility Obligations which are guaranteed by such Dutch Domiciled Loan
Party); 
 (v) fifth, to all Dutch Facility Obligations of such Dutch Domiciled Loan Party constituting interest
(exclusive of any other Foreign Facility Obligations which are guaranteed by such Dutch Domiciled Loan Party); 

(vi) sixth, to Cash Collateralization of Dutch LC Obligations of such Dutch Domiciled Loan Party; 

(vii) seventh, to all Dutch Revolver Loans of such Dutch Domiciled Loan Party; 

(viii) eighth, to all other Dutch Facility Secured Obligations of such Dutch Domiciled Loan Party (exclusive of any other
Foreign Facility Secured Obligations which are guaranteed by such Dutch Domiciled Loan Party); and 

  
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 (ix) ninth, following the Foreign Cross-Guarantee Date for such Dutch
Domiciled Loan Party, to be applied ratably to the Foreign Facility Secured Obligations of other Foreign Domiciled Loan Parties that are the subject of such Foreign Cross-Guarantee in accordance with this Section 5.5.1 to the extent there are
insufficient funds for the Full Payment of all such Foreign Facility Secured Obligations. 
 (f) with respect to monies,
payments, Property or Collateral of or from any New Zealand Domiciled Loan Party, together with any allocations (I) prior to the Foreign Cross-Guarantee Date, pursuant to Section 5.5.1(a)(ix), and (II) thereafter, pursuant to subclause
(ix) of any clause of this Section 5.5.1: 
 (i) first, to all costs and expenses, including
Extraordinary Expenses, owing to Agent and the AUS-NZ Security Trustee, to the extent owing by such New Zealand Domiciled Loan Party; 
 (ii) second, to all amounts owing to New Zealand Swingline Lender on New Zealand Swingline Loans to such New Zealand Domiciled Loan Party; 

(iii) third, to all amounts owing by such New Zealand Domiciled Loan Party to any New Zealand Fronting Bank on New Zealand
LC Obligations of such New Zealand Domiciled Loan Party; 
 (iv) fourth, to all New Zealand Facility Obligations
of such New Zealand Domiciled Loan Party constituting fees (exclusive of any other Foreign Facility Obligations which are guaranteed by such New Zealand Domiciled Loan Party); 

(v) fifth, to all New Zealand Facility Obligations of such New Zealand Domiciled Loan Party constituting interest
(exclusive of any other Foreign Facility Obligations which are guaranteed by such New Zealand Domiciled Loan Party); 
 (vi) sixth, to Cash Collateralization of New Zealand LC Obligations of such New Zealand Domiciled Loan Party; 
 (vii) seventh, to all New Zealand Revolver Loans of such New Zealand Domiciled Loan Party; 
 (viii) eighth, to all other New Zealand Facility Secured Obligations of such New Zealand Domiciled Loan Party (exclusive of any other Foreign Facility Secured Obligations which are guaranteed by such New
Zealand Domiciled Loan Party); and 
 (ix) ninth, following the Foreign Cross-Guarantee Date for such New Zealand
Domiciled Loan Party, to be applied ratably to the Foreign Facility Secured Obligations of other Foreign Domiciled Loan Parties that are the subject of such Foreign Cross-Guarantee in accordance with this Section 5.5.1 to the extent there are
insufficient funds for the Full Payment of all such Foreign Facility Secured Obligations. 

  
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 (g) with respect to monies, payments, Property or Collateral of or from any Singapore
Domiciled Loan Party, together with any allocations (I) prior to the Foreign Cross-Guarantee Date, pursuant to Section 5.5.1(a)(ix), and (II) thereafter, pursuant to subclause (ix) of any clause of this Section 5.5.1: 

(i) first, to all costs and expenses, including Extraordinary Expenses, owing to Agent and the Singapore Security Trustee,
to the extent owing by such Singapore Domiciled Loan Party; 
 (ii) second, to all amounts owing to Singapore
Swingline Lender on Singapore Swingline Loans to such Singapore Domiciled Loan Party; 
 (iii) third, to all
amounts owing by such Singapore Domiciled Loan Party to any Singapore Fronting Bank on Singapore LC Obligations of such Singapore Domiciled Loan Party; 
 (iv) fourth, to all Singapore Facility Obligations of such Singapore Domiciled Loan Party constituting fees (exclusive of any other Foreign Facility Obligations which are guaranteed by such Singapore
Domiciled Loan Party); 
 (v) fifth, to all Singapore Facility Obligations of such Singapore Domiciled Loan Party
constituting interest (exclusive of any other Foreign Facility Obligations which are guaranteed by such Singapore Domiciled Loan Party); 
 (vi) sixth, to Cash Collateralization of Singapore LC Obligations of such Singapore Domiciled Loan Party; 
 (vii) seventh, to all Singapore Revolver Loans of such Singapore Domiciled Loan Party; 
 (viii) eighth, to all other Singapore Facility Secured Obligations of such Singapore Domiciled Loan Party (exclusive of any other Foreign Facility Secured Obligations which are guaranteed by such
Singapore Domiciled Loan Party); and 
 (ix) ninth, following the Foreign Cross-Guarantee Date for such Singapore
Domiciled Loan Party, to be applied ratably to the Foreign Facility Secured Obligations of other Foreign Domiciled Loan Parties that are the subject of such Foreign Cross-Guarantee in accordance with this Section 5.5.1 to the extent there are
insufficient funds for the Full Payment of all such Foreign Facility Secured Obligations. 
 (h) with respect to monies,
payments, Property or Collateral of or from any UK Domiciled Loan Party, together with any allocations (I) prior to the Foreign Cross-Guarantee Date, pursuant to Section 5.5.1(a)(ix), and (II) thereafter, pursuant to subclause (ix) of
any clause of this Section 5.5.1: 
 (i) first, to all costs and expenses, including Extraordinary Expenses,
owing to Agent and the European Security Trustee, to the extent owing by such UK Domiciled Loan Party; 

  
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 (ii) second, to all amounts owing to UK Swingline Lender on UK Swingline
Loans to such UK Domiciled Loan Party; 
 (iii) third, to all amounts owing by such UK Domiciled Loan Party to
any UK Fronting Bank on UK LC Obligations of such UK Domiciled Loan Party; 
 (iv) fourth, to all UK Facility
Obligations of such UK Domiciled Loan Party constituting fees (exclusive of any other Foreign Facility Obligations which are guaranteed by such UK Domiciled Loan Party); 

(v) fifth, to all UK Facility Obligations of such UK Domiciled Loan Party constituting interest (exclusive of any other
Foreign Facility Obligations which are guaranteed by such UK Domiciled Loan Party); 
 (vi) sixth, to Cash
Collateralization of UK LC Obligations of such UK Domiciled Loan Party; 
 (vii) seventh, to all UK Revolver
Loans of such UK Domiciled Loan Party; 
 (viii) eighth, to all other UK Facility Secured Obligations of such UK
Domiciled Loan Party (exclusive of any other Foreign Facility Secured Obligations which are guaranteed by such UK Domiciled Loan Party); and 
 (ix) ninth, following the Foreign Cross-Guarantee Date for such UK Domiciled Loan Party, to be applied ratably to the Foreign Facility Secured Obligations of other Foreign Domiciled Loan Parties that are
the subject of such Foreign Cross-Guarantee in accordance with this Section 5.5.1 to the extent there are insufficient funds for the Full Payment of all such Foreign Facility Secured Obligations. 

Amounts shall be applied to each category of Secured Obligations set forth within subsection (a) through (h) above, as applicable, until Full
Payment thereof and then to the next category. If amounts are insufficient to satisfy a category, they shall be applied on a pro rata basis among the Secured Obligations in the category. Amounts distributed with respect to any Secured Bank Product
Obligations shall be the lesser of the maximum Secured Bank Product Obligations last reported to Agent or the actual Secured Bank Product Obligations as calculated by the methodology reported to Agent for determining the amount due. Agent shall have
no obligation to calculate the amount to be distributed with respect to any Secured Bank Product Obligations, and may request a reasonably detailed calculation of such amount from the applicable Secured Party. If a Secured Party fails to deliver
such calculation within five days following request by Agent, Agent may assume the amount to be distributed is zero. The allocations set forth in this Section 5.5.1 are solely to determine the rights and priorities of Agent and Secured Parties
as among themselves, and any allocation within subsection (a) through (h) of proceeds of the realization of Collateral may be changed by agreement among them without the consent of any Loan Party; provided that, so long as the Senior
Secured Notes Indenture is in effect no change to such provisions will be made which would have the effect of requiring any Foreign Borrowers to also guarantee the Senior Secured Notes. This Section 5.5.1 is not for the benefit of or
enforceable by any Borrower. Notwithstanding the preceding two sentences and anything else to 

  
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 the contrary set forth in any of the Loan Documents, (i) all payments by or on behalf of any Foreign
Facility Loan Party shall be applied first to the Foreign Facility Secured Obligations of such Foreign Facility Loan Party then due until paid in full and then, following the Foreign Cross-Guarantee Date with respect to such Foreign Facility Loan
Party, to all other Secured Obligations that are the subject of its Foreign Cross-Guarantee until paid in full and (ii) all payments by or on behalf of any U.S. Facility Loan Party or in respect of any U.S. Facility Secured Obligations shall be
applied first to U.S. Facility Secured Obligations then due until paid in full and then to all other Secured Obligations until paid in full. 
 5.5.2 Erroneous Application. Agent shall not be liable for any application of amounts made by it in good faith and, if any such application is subsequently determined to have been made in
error, the sole recourse of any Lender or other Person to which such amount should have been made shall be to recover the amount from the Person that actually received it (and, if such amount was received by any Lender, such Lender hereby agrees to
return it). 
 5.6 Application of Payments. The ledger balance in the Dominion Accounts of each Borrower Group as
of the end of a Business Day shall be applied to the Loan Party Group Obligations of such Borrower Group at the beginning of the next Business Day during the existence of any Cash Dominion Event; provided, that Agent may, in its discretion, apply
the ledger balance in any Dominion Account of any Australian Borrower, New Zealand Borrower, Singapore Borrower or UK Borrower to the respective Loan Party Group Obligations of such Borrower Group whether or not a Cash Dominion Event exists. If, as
a result of such application, a credit balance exists, the balance shall not accrue interest in favor of Borrowers and shall be made available to Borrowers of the applicable Borrower Group as long as no Event of Default exists. Each Borrower
irrevocably waives the right to direct the application of any payments or Collateral proceeds, and agrees that Agent shall have the continuing, exclusive right to apply and reapply same against the Obligations, in such manner as Agent deems
advisable; provided, however, that, unless an Event of Default has occurred and is continuing, Agent shall not apply any payments to any Interest Period Loans prior to the last day of the applicable Interest Period. 

5.7 Loan Account; Account Stated. 
 5.7.1 Loan Account. Agent shall maintain in accordance with its usual and customary practices an account or accounts (“Loan Account”) evidencing the Obligations of Borrowers
within each Borrower Group resulting from each Loan made to such Borrowers or issuance of a Letter of Credit for the account of Borrowers from time to time. Any failure of Agent to record anything in the Loan Account, or any error in doing so, shall
not limit or otherwise affect the obligation of any Borrower to pay any amount owing hereunder. With respect to U.S. Borrowers, Agent may maintain a single Loan Account in the name of the North American Loan Party Agent, and each U.S. Borrower
confirms that such arrangement shall have no effect on the joint and several character of its liability for the Secured Obligations including its guarantee of the Secured Obligations of the Foreign Borrowers. 

5.7.2 Entries Binding. Entries made in the Loan Account shall constitute presumptive evidence of the information contained
therein. If any information contained in the Loan Account is provided to or inspected by any Person, then such information shall be conclusive and binding on such Person for all purposes absent manifest error, except to the extent such Person
notifies Agent in writing within 45 days after receipt or inspection that specific information is subject to dispute. 

  
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 5.8 Taxes. 

For purposes of this Section 5.8, the term “Lender” includes any Fronting Bank. 

5.8.1 Payments Free of Taxes. All payments by or on behalf of any Loan Party of Obligations shall be free and clear of and
without deduction or withholding for any Taxes, unless required by Applicable Law. If Applicable Law requires any Loan Party or Agent to withhold or deduct any Taxes, the withholding or deduction shall be based on Applicable Law and the information
provided pursuant to this Section 5.8 and Section 5.9, and the applicable Loan Party or Agent shall pay the amount withheld or deducted to the relevant Governmental Authority. If the withholding or deduction is made on account of
Indemnified Taxes or Other Taxes, the sum payable by Borrowers shall be increased so that the applicable Credit Parties and Security Trustees receive an amount equal to the sum they would have received if no such withholding or deduction (including
deductions applicable to additional sums payable under this Section 5.8.1) had been made. Without limiting the foregoing, Borrowers shall timely pay all Other Taxes to the relevant Governmental Authorities. 

5.8.2 Payment. Borrowers shall indemnify, hold harmless and reimburse each Credit Party and each Security Trustee for the
full amount of any Indemnified Taxes or Other Taxes (including Indemnified Taxes and Other Taxes attributable to amounts payable under this Section 5.8.2) paid by such Credit Party or such Security Trustee, with respect to any Obligations of
such Borrower’s Borrower Group, whether or not such Taxes were properly asserted by the relevant Governmental Authority, and including all penalties, interest and reasonable expenses relating thereto. A certificate setting forth in reasonable
detail the amount and basis for calculation of any such payment or liability delivered to a Loan Party Agent by a Credit Party or a Security Trustee (with a copy to Agent), shall be conclusive, absent manifest error and all amounts payable by
Borrowers under this Section 5.8.2 shall be due in accordance with Section 5.3. As soon as reasonably practicable after any payment of Indemnified Taxes or Other Taxes by a Borrower, the relevant Loan Party Agent shall deliver to Agent a
receipt from the Governmental Authority or other evidence of payment reasonably satisfactory to Agent. 
 5.8.3 Treatment
of Certain Refunds. If any Credit Party or any Security Trustee shall become aware that it is entitled to claim a refund or credit from a Governmental Authority in respect of any Indemnified Tax or Other Taxes as to which it has been
indemnified by any Borrower or with respect to which any Borrower has paid additional amounts pursuant to this Section 5.8, such Credit Party or such Security Trustee shall promptly notify such Borrower of the availability of such refund claim
and, if such Credit Party or such Security Trustee determines in good faith that making a claim for refund will not have a material adverse effect on its Taxes or business operations, shall, within 60 days after receipt of a request by such
Borrower, make a claim to such Governmental Authority for such refund. If a Credit Party or a Security Trustee determines, in its sole discretion, that it has received a refund of any Indemnified Tax or Other Taxes as to which it has been
indemnified by any Borrower or with respect to which any Borrower has paid additional amounts pursuant to this Section 5.8, it shall 

  
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 pay to such Borrower an amount equal to such refund (but only to the extent of indemnity payments made, or
additional amounts paid, by Borrowers under this Section 5.8 with respect to the Indemnified Tax or Other Taxes giving rise to such refund), net of all out-of-pocket expenses of such Credit Party or such Security Trustee, and without interest
(other than any interest paid by the relevant Governmental Authority with respect to such refund); provided that Borrowers agree in writing to repay the amount paid over to Borrowers (plus interest attributable to the period during which the
Borrowers held such funds) to such Credit Party or such Security Trustee in the event that such Credit Party or such Security Trustee is required to repay such refund to such Governmental Authority. This paragraph shall not be construed to require
any Credit Party or any Security Trustee to make available its tax returns (or any other information relating to its taxes) to any Borrower or any other Person. 
 5.8.4 New Zealand Tax Matters. The provisions of Section 5.8. (other than Sections 5.8.1, 5.8.2, 5.8.3 and this Section 5.8.4) shall not apply to any advance under any Loan
Document to any New Zealand Borrower or any other Borrower required to withhold tax in accordance with New Zealand law (each a “Relevant Borrower” for purposes of this Section 5.8.4). 

(a) Each Relevant Borrower must: 
 (i) elect to register as an “approved issuer” (as defined in section YA 1 of the Income Tax Act 2007 (NZ)) and register the facilities under this Agreement with the Commissioner of Inland
Revenue under section 86H of the Stamp and Cheque Duties Act 1971 (NZ) (the “Stamp Act”) in each case by not later than 10 working days after the date of this Agreement (or, alternatively, where applicable, such later date as the
Relevant Borrower becomes a Relevant Borrower under this Agreement) and maintain such registrations at all times thereafter (provided it is lawfully able to do so); and 

(ii) in respect of any payment of interest (or payment deemed by law to be interest) to Lenders who are not resident in
New Zealand for taxation purposes, and who are not engaged in business in New Zealand through a fixed establishment in New Zealand, make by not later than the due date thereof the relevant payment of approved issuer levy (as defined in section 86F
of the Stamp Act) in accordance with section 86K of the Stamp Act in order to reduce (to the extent permitted by law) the applicable level of non-resident withholding tax to zero percent. 

(b) Where a Relevant Borrower makes a payment of interest to which clause 5.8.4(a)(ii) applies the Relevant Borrower shall be entitled to
deduct from that payment of interest an amount equal to the amount of approved issuer levy which is payable in relation to that interest payment. 
 5.8.5 Australia Tax Matters. The provisions of Section 5.8 (other than this Section 5.8.5) shall not apply, and instead the provisions of this Section 5.8.5 shall apply, to
any advance under any Loan Document to any Australian Borrower or any other Borrower required to withhold tax in accordance with Australian law (each a “Relevant Borrower” for purposes of this Section 5.8.5). 

  
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 (a) In respect of any advance under any Loan Document to a Relevant Borrower, the definition
of “Foreign Lender” as otherwise provided in this Agreement is hereby modified for all purposes of this Agreement to include an Australian resident entity’s branch outside of Australia. 

(b) Definitions. Solely for purposes of this Section 5.8.5, the following terms shall have the following meanings: 

“GST” has the meaning given to it in the Australian A New Tax System (Goods and Services) Tax Act 1999 (Cth), as shall
any other term used in Section 5.8.5(j) which is defined for purposes of that Act. 
 “Qualifying Lender”
means, in relation to a Relevant Borrower, a Foreign Lender which: 
 (i) derives all interest on and all fees
payable in connection with any Loan Document in carrying on business in Australia at or through a “permanent establishment” in Australia for the purposes of the Australian Income Tax Assessment Act 1936 (Cth), other than as a limited
partner in a VCLP, ESVCLP or AFOF (as those terms are defined for the purposes of that Act); or 
 (ii) is a
Treaty Lender with respect to taxes imposed in or under the laws of Australia. 
 “Treaty State” means a
jurisdiction having a double taxation agreement (a “Treaty”) with Australia in force in accordance with the Australian International Tax Agreements Act 1953 (Cth), which makes provision for full exemption from tax withheld on
interest paid by an Australian resident to a Treaty Lender. 
 (c) Tax Gross-up. Save to the extent required under any
applicable law, all payments to be made by a Relevant Borrower to any Foreign Lender hereunder or under any Loan Document shall be made free and clear of and without deduction or withholding for or on account of Taxes. If a Relevant Borrower is
required to deduct or withhold any Taxes, or an amount for or on account of any Taxes from any payment made hereunder or under the Loan Documents to any Foreign Lender, the sum payable by such Relevant Borrower (in respect of which such deduction or
withholding is required to be made) shall be increased to the extent necessary to ensure that such Foreign Lender receives a sum equal to the sum that such Foreign Lender would have received if no such deduction or withholding (including deductions
or withholdings applicable to any additional amounts paid under this Section 5.8.5(c)) had been made; provided, that this Section 5.8.5(c) shall not apply to the extent that such deduction or withholding would not have arisen if the
relevant Foreign Lender had complied with its obligations under Section 5.8.5(f) (Foreign Lender’s Status), or Section 5.8.5(g) (Double Taxation Relief) or Subdivision 12-E of Schedule 1 to the Australian Taxation
Administration Act 1953 (Cth) to the extent the Foreign Lender is required to have a TFN or ABN (as defined for purposes of those provisions) under Australian law, as the case may be. 

  
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 (d) Tax Indemnity. 

(i) The Relevant Borrowers shall (within three Business Days of demand by the Agent) pay to a Lender an amount equal to
the loss, liability or cost which that Lender determines will be or has been (directly or indirectly) suffered for or on account of Taxes by that Lender in respect of a Loan Document. 

(ii) Clause (d)(i) above shall not apply: 

(A) with respect to any Taxes assessed on a Lender: 

(1) under the law of the jurisdiction in which such Lender is incorporated or, if different, the jurisdiction (or
jurisdictions) in which such Lender is treated as resident for tax purposes; or 
 (2) under the law of the
jurisdiction in which such Lender’s Lending Office is located in respect of amounts received or receivable in such jurisdiction, 
 if such Taxes are imposed on or calculated by reference to the net income received or receivable (but not any sum deemed to be received or receivable) by such Lender; or 

(B) to the extent a loss, liability or cost: 

(1) is compensated for by an increased payment under Section 5.8.5(c) (Tax Gross-up); or 

(2) would have been compensated for by an increased payment under Section 5.8.5(c) (Tax Gross-up) but was not
so compensated solely because one of the exclusions in that Section 5.8.5(c) (Tax Gross-up) applied. 

(iii) A Lender making, or intending to make a claim under Section 5.8.5(d)(i) above shall promptly notify Agent of
the event which will give, or has given, rise to the claim, following which Agent shall notify the Borrowers. 

(iv) A Lender shall, on receiving a payment from the Relevant Borrowers under this Section 5.8.5(d), notify Agent.

 (e) Tax Credit. If a Relevant Borrower makes a Tax Payment and the relevant Lender determines that: 

(i) a Tax Credit is attributable either to an increased payment of which that Tax Payment forms part, or to that Tax
Payment; and 
 (ii) that Lender has obtained, utilized and retained that Tax Credit. 

the Lender shall as soon as reasonably practicable following receipt of such Tax Credit pay an amount to the Relevant Borrower which that
Lender determines will leave it (after that payment) in the same after-Tax position as it would have been in had the Tax Payment not been required to be made by the Relevant Borrower. 

  
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 (f) Foreign Lender’s Status. 

Each Foreign Lender certifies to the Agent and the Relevant Borrowers (on the date hereof or, in the case of a Foreign Lender which
becomes a party hereto pursuant to a transfer or assignment, on the date on which the relevant transfer or assignment becomes effective) that it is a Qualifying Lender and each Foreign Lender shall promptly notify the Agent if there is any change in
its position from that set out above. Upon receipt of any such notification from a Foreign Lender, the Agent shall promptly notify the Relevant Borrowers thereof. If any Foreign Lender is not or ceases to be a Qualifying Lender or does not comply
with or perform the formalities required to be a Qualifying Lender (except by reason of any Change in Tax Law after the date the Foreign Lender becomes a party to this agreement) the Relevant Borrower shall not be liable pursuant to this
Section 5.8.5 to pay with respect to the Foreign Lender any amount greater than the amount which the Relevant Borrower would have been liable to pay pursuant to this Section 5.8.5 with respect to that Foreign Lender if that Foreign Lender
had been, or had not ceased to be on that date, a Qualifying Lender and had complied with or had performed the formalities required to be a Qualifying Lender. 
 (g) Double Taxation Relief. 
 If, and to the extent that, the effect of
Section 5.8.5(c) (Tax Gross-up) or Section 5.8.5(d) (Tax Indemnity) can be mitigated by virtue of the provisions of any applicable double taxation agreement or any applicable tax law (whether by a claim to repayment of any
taxes referred to in Section 5.8.5(c) (Tax Gross-up) or Section 5.8.5(d) (Tax Indemnity) or otherwise) the relevant Foreign Lender shall co-operate with the Relevant Borrower with a view to ensuring the application of such
double taxation agreement or applicable tax law so far as relevant. 
 (h) Notification of Requirement to Deduct Tax.

 If, at any time, a Relevant Borrower is required by law to make any deduction or withholding from any sum payable by it
hereunder or under the other Loan Documents (or if thereafter there is any change in the rates at which or the manner in which such deductions or withholdings are calculated), such Relevant Borrower shall promptly notify Agent. 

(i) Evidence of Payment of Tax. 
 If a Relevant Borrower makes any payment hereunder or under the other Loan Documents in respect of which it is required to make any deduction or withholding, it shall pay the full amount required to be
deducted or withheld to the relevant taxation or other authority within the time allowed for such payment under applicable law and shall, as promptly as reasonably practicable thereafter, deliver to the Agent on behalf of the Foreign Lenders to
which such payment was made evidence of payment as is reasonably satisfactory to Agent. 

  
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 (j) Goods and Services Tax. 

(i) All amounts set out or expressed in a Loan Document to be payable by any party to any Lender which (in whole or in
part) constitute the consideration for a taxable supply or taxable supplies for GST purposes shall be deemed to be exclusive of GST and the party liable to make that payment shall pay to the Lender (in addition to and at the same time as paying any
consideration for such supply) an amount equal to the GST payable on that supply, subject to receiving a valid tax invoice from the supplier of that supply. 
 (ii) Where a Loan Document requires any party to reimburse or indemnify a Lender for any cost or expense the reimbursement or indemnity (as the case may be) shall be reduced by the amount of any input tax
credit that the Lender (or representative member of the GST Group of which the Lender is a member) is entitled to. 
 (k)
Stamp Taxes. 
 The Borrowers shall: 

(i) pay all stamp duty, registration and other similar Taxes payable in respect of any Loan Document; and 

(ii) within three Business Days of demand, indemnify each Lender against any cost, loss or liability that Lender incurs
in relation to any stamp duty, registration or other similar Tax paid or payable in respect of any Loan Document. 
 5.8.6
Belgium Tax Matters. The provisions of Section 5.8 (other than this Section 5.8.6) shall not apply, and instead the provisions of this Section 5.8.6 shall apply, to any advance under any Loan Document to any Belgian
Borrower or any other Borrower that is required to make a Tax Deduction in accordance with the relevant provisions of Belgian law (each a “Relevant Borrower” for the purposes of this Section 5.8.6).  

(a) Definitions. Solely for purposes of this Section 5.8.6, the following terms shall have the following meanings:

 “Qualifying Lender” means a Lender which is beneficially entitled to interest payable to that Lender in
respect of an advance under a Loan Document and is: 
 (a) pursuant to article 107, §2, 5°, a) second dash of the Royal
Decree implementing the Belgian Income Tax Code: 
 (i) a tax resident within the European Economic Area or in a
jurisdiction having a double taxation agreement with Belgium; and 
 (ii) a credit institution, i.e. an
undertaking whose activity consists of: 
 (A) receiving deposits or other repayable funds from the public and
granting credits for its own account; or 
 (B) issuing electronic payment instruments; or 

  
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 (b) a Treaty Lender. 

“Treaty State” means a jurisdiction having a double taxation agreement (a “Treaty”) with Belgium which
makes provision for full exemption from tax withheld on interest paid by a Belgian tax resident to a Treaty Lender. 
 (b)
Tax Gross-up. 
 (i) Each Relevant Borrower shall make all payments to be made by it under any Loan
Document without any Tax Deduction unless a Tax Deduction is required by law. 
 (ii) A Relevant Borrower shall,
promptly upon becoming aware that it must make a Tax Deduction (or that there is any change in the rate or the basis of a Tax Deduction) notify Agent accordingly. Similarly, a Lender shall promptly notify Agent on becoming so aware in respect of a
payment payable to that Lender. If Agent receives such notification from a Lender it shall notify the Relevant Borrower. 
 (iii) If a Tax Deduction is required by law to be made by a Relevant Borrower, the amount of the payment due from that Relevant Borrower shall be increased to an amount which (after making any Tax
Deduction) is equal to the payment which would have been made by the Relevant Borrower if no Tax Deduction had been required. 
 (iv) A payment shall not be increased under clause (iii) above by reason of a Tax Deduction on account of Taxes imposed by Belgium if, on the date on which the payment falls due: 

(A) the payment could have been made to the relevant Lender without a Tax Deduction if the Lender had been a Qualifying
Lender, but on that date that Lender was not or had ceased to be a Qualifying Lender other than as a result of any change after the date it became a Lender under this Agreement in (or in the interpretation, administration, or application of) any law
or Treaty or any published practice or published concession of any relevant taxing authority; or 
 (B) the
relevant Lender is a Qualifying Lender and the payment to the relevant Lender could have been made to the Lender without the Tax Deduction had that Lender complied with its obligations under clause (vii) below. 

(v) If a Relevant Borrower is required to make a Tax Deduction, that Relevant Borrower shall make that Tax Deduction and
any payment required in connection with that Tax Deduction within the time allowed and in the minimum amount required by law. 
 (vi) Within thirty days of making either a Tax Deduction or any payment required in connection with that Tax Deduction, the Relevant Borrower making that Tax Deduction shall deliver to Agent for the
benefit of the Lender entitled to the payment an evidence reasonably satisfactory to that Lender that the Tax Deduction has been made or (as applicable) any appropriate payment paid to the relevant taxing authority. 

  
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 (vii) A Qualifying Lender and each Relevant Borrower which makes a payment
to which that Qualifying Lender is entitled shall, within the applicable statutory period under Belgian law, complete any procedural formalities necessary for that Relevant Borrower to obtain authorization to make that payment without a Tax
Deduction. 
 (c) Tax Indemnity. 
 (i) The Relevant Borrowers shall (within three Business Days of demand by the Agent) pay to a Lender an amount equal to the loss, liability or cost which that Lender determines will be or has been
(directly or indirectly) suffered for or on account of Taxes by that Lender in respect of a Loan Document. 

(ii) Clause (c)(i) above shall not apply: 

(A) with respect to any Taxes assessed on a Lender: 

(1) under the law of the jurisdiction in which such Lender is incorporated or, if different, the jurisdiction (or
jurisdictions) in which such Lender is treated as resident for tax purposes; or 
 (2) under the law of the
jurisdiction in which such Lender’s Lending Office is located in respect of amounts received or receivable in such jurisdiction, 
 if such Taxes are imposed on or calculated by reference to the net income received or receivable (but not any sum deemed to be received or receivable) by such Lender; or 

(B) to the extent a loss, liability or cost: 

(1) is compensated for by an increased payment under Section 5.8.6(b)(iii) (Tax Gross-up); or 

(2) would have been compensated for by an increased payment under Section 5.8.6(b)(iii) (Tax Gross-up) but
was not so compensated solely because one of the exclusions in Section 5.8.6(b)(iv) (Tax Gross-up) applied. 
 (iii) A Lender making, or intending to make a claim under Section 5.8.6(c)(i) above shall promptly notify Agent of the event which will give, or has given, rise to the claim, following which Agent
shall notify the Borrowers. 
 (iv) A Lender shall, on receiving a payment from the Relevant Borrowers under this
Section 5.8.6(c), notify Agent. 

  
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 (d) Tax Credit. If a Relevant Borrower makes a Tax Payment and the relevant Lender
determines that: 
 (i) a Tax Credit is attributable either to an increased payment of which that Tax Payment
forms part, or to that Tax Payment; and 
 (ii) that Lender has obtained, utilized and retained that Tax Credit,

 the Lender shall (to the extent that it can do so without prejudice to the retention of such Tax Credit and to the extent that
it is lawful for it to do so) as soon as reasonably practicable following receipt of such Tax Credit pay an amount to the Relevant Borrower which that Lender determines will leave it (after that payment) in the same after-Tax position as it would
have been in had the Tax Payment not been required to be made by the Relevant Borrower. 
 (e) Lender Status
Confirmation. Each New Lender shall indicate, in the Assignment and Acceptance which it executes on becoming a party, and for the benefit of Agent and the Relevant Borrowers and without liability to any Relevant Borrower, which of the following
categories it falls within: 
 (i) not a Qualifying Lender; 

(ii) a Qualifying Lender (other than a Treaty Lender); or 

(iii) a Treaty Lender. 
 If a New Lender fails to indicate its status in accordance with this Section 5.8.6(e), then such New Lender or Lender (as appropriate) shall be treated for the purposes of this Agreement (including
by each Relevant Borrower) as if it is not a Qualifying Lender until such time as it notifies Agent which category of Qualifying Lender applies (and Agent, upon receipt of such notification, shall inform the Relevant Borrower). For the avoidance of
doubt, an Assignment and Acceptance shall not be invalidated by any failure of a New Lender to comply with this Section 5.8.6(e). 
 (f) Value Added Tax. 
 (i) All amounts set out or expressed
in a Loan Document to be payable by any party to any Lender which (in whole or in part) constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or supplies,
and accordingly, subject to clause (ii) below, if VAT is or becomes chargeable on any supply made by any Lender to any party under a Loan Document, that party shall pay to the Lender (in addition to and at the same time as paying any other
consideration for such supply) an amount equal to the amount of such VAT (and such Lender shall promptly provide an appropriate VAT invoice to such party). 

  
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 (ii) If VAT is or becomes chargeable on any supply made by any Lender (the
“Supplier”) to any other Lender (the “Recipient”) under a Loan Document, and any party other than the Recipient (the “Relevant Party”) is required by the terms of any Loan Document to pay an amount
equal to the consideration for such supply to the Supplier (rather than being required to reimburse the Recipient in respect of that consideration), 
 (A) (where the Supplier is the person required to account to the relevant tax authority for the VAT), the Relevant Party must also pay to the Supplier (at the same time as paying that amount) an
additional amount equal to the amount of VAT; the Recipient must (where this subsection (ii)(A) applies) promptly pay to the Relevant Party an amount equal to any credit or repayment the Recipient receives from the relevant tax authority which the
Recipient reasonably determines relates to the VAT chargeable on that supply; and 
 (B) (where the Recipient is
the person required to account to the relevant tax authority for the VAT), the Relevant Party must promptly, following demand from the Recipient, pay to the Recipient an amount equal to the VAT chargeable on that supply. The Recipient must (where
this subsection (ii)(B) applies) promptly pay to the Relevant Party an amount equal to any credit or repayment obtained by the Recipient from the relevant tax authority which the Recipient reasonably determines relates to the VAT chargeable on that
supply. 
 (iii) Where a Loan Document requires any party to reimburse or indemnify a Lender for any cost or
expense incurred in connection with such Loan Document, the reimbursement or indemnity (as the case may be) shall be for the full amount of cost or expense including such part thereof as represents VAT, save to the extent that such Lender reasonably
determines that it is entitled to credit or repayment in respect of such VAT from the relevant tax authority. 

(iv) Any reference in this Section 5.8.6 to any party shall, at any time when such party is treated as a member of a
group for VAT purposes, include (where appropriate and unless the context otherwise requires) a reference to the representative member of such group at such time (the term “representative member” to have the same meaning as in the
Belgium Value Added Tax Code). 
 (v) In relation to any supply made by a Lender to any party under a Loan
Document, if reasonably requested by such Lender, that party must as promptly as reasonably practicable provide such Lender with details of that party’s VAT registration and such other information as is reasonably requested in connection with
such Lender’s VAT reporting requirements in relation to such supply. 
 (vi) Except as otherwise expressly
provided in Section 5.8.6, a reference to “determines” or “determined” in connection with tax provisions contained in Section 5.8.6 means a determination made in the absolute discretion of the person making the
determination, acting reasonably. 

  
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 5.8.7 Dutch Tax Matters. The provisions of Sections 5.8.2 and 5.8.3 shall not
apply. Instead of Sections 5.8.2 and 5.8.3, and in addition to Section 5.8.1, the provisions of this Section 5.8.7 shall apply to any advance under any Loan Document to any Dutch Borrower or any other Borrower that is required to make a
Tax Deduction in accordance with the relevant provisions of Dutch law (each a “Relevant Borrower” for the purposes of this Section 5.8.7). 
 (a) Tax Indemnity. 
 (i) The Relevant Borrowers shall
(within three Business Days of demand by the Agent) pay to a Lender an amount equal to the loss, liability or cost which that Lender determines will be or has been (directly or indirectly) suffered for or on account of Taxes by that Lender in
respect of a Loan Document. 
 (ii) Clause (a)(i) above shall not apply: 

(A) with respect to any Taxes assessed on a Lender: 

(1) under the law of the jurisdiction in which such Lender is incorporated or, if different, the jurisdiction (or
jurisdictions) in which such Lender is treated as resident for tax purposes; or 
 (2) under the law of the
jurisdiction in which such Lender’s Lending Office is located in respect of amounts received or receivable in such jurisdiction, 
 if such Taxes are imposed on or calculated by reference to the net income received or receivable (but not any sum deemed to be received or receivable) by such Lender; or 

(B) to the extent a loss, liability or cost is compensated for by an increased payment under Section 5.8.1.

 (iii) A Lender making, or intending to make a claim under Section 5.8.7(a)(i) above shall promptly notify
Agent of the event which will give, or has given, rise to the claim, following which Agent shall notify the Borrowers. 
 (iv) A Lender shall, on receiving a payment from the Relevant Borrowers under this Section 5.8.7(a), notify Agent. 
 (b) Tax Credit. If a Relevant Borrower makes a Tax Payment and the relevant Lender determines that: 
 (i) a Tax Credit is attributable either to an increased payment of which that Tax Payment forms part, or to that Tax Payment; and 

(ii) that Lender has obtained, utilized and retained that Tax Credit, 

the Lender shall promptly following receipt of such Tax Credit pay an amount to the Relevant Borrower which that Lender determines will
leave it (after that payment) in the same after-Tax position as it would have been in had the Tax Payment not been required to be made by the Relevant Borrower. 

  
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 (c) Value Added Tax. 

(i) All amounts set out or expressed in a Loan Document to be payable by any party to any Lender which (in whole or in
part) constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or supplies, and accordingly, subject to clause (ii) below, if VAT is or becomes
chargeable on any supply made by any Lender to any party under a Loan Document, that party shall pay to the Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such VAT (and
such Lender shall promptly provide an appropriate VAT invoice to such party). 
 (ii) If VAT is or becomes
chargeable on any supply made by any Lender (the “Supplier”) to any other Lender (the “Recipient”) under a Loan Document, and any party other than the Recipient (the “Relevant Party”) is required by
the terms of any Loan Document to pay an amount equal to the consideration for such supply to the Supplier (rather than being required to reimburse the Recipient in respect of that consideration), 

(A) (where the Supplier is the person required to account to the relevant tax authority for the VAT), the Relevant Party
must also pay to the Supplier (at the same time as paying that amount) an additional amount equal to the amount of VAT; the Recipient must (where this subsection (ii)(A) applies) promptly pay to the Relevant Party an amount equal to any credit or
repayment the Recipient receives from the relevant tax authority which the Recipient reasonably determines relates to the VAT chargeable on that supply; and 
 (B) (where the Recipient is the person required to account to the relevant tax authority for the VAT), the Relevant Party must promptly, following demand from the Recipient, pay to the Recipient an amount
equal to the VAT chargeable on that supply. The Recipient must (where this subsection (ii)(B) applies) promptly pay to the Relevant Party an amount equal to any credit or repayment from the relevant tax authority which the Recipient reasonably
determines relates to the VAT chargeable on that supply. 
 (iii) Where a Loan Document requires any party to
reimburse or indemnify a Lender for any cost or expense incurred in connection with such Loan Document, the reimbursement or indemnity (as the case may be) shall be for the full amount of such cost or expense, including such part thereof as
represents VAT, save to the extent that such Lender reasonably determines that it is entitled to credit or repayment in respect of such VAT from the relevant tax authority. 

(iv) Any reference in this Section 5.8.7 to any party shall, at any time when such party is treated as a member of a
group for VAT purposes, include (where appropriate and unless the context otherwise requires) a reference to the representative member of such group at such time (the term “representative member” to have the same meaning as in the Dutch
Value Added Tax Code). 

  
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 (v) In relation to any supply made by a Lender to any party under a Loan
Document, if reasonably requested by such Lender, that party must as promptly as reasonably practicable provide such Lender with details of that party’s VAT registration and such other information as is reasonably requested in connection with
such Lender’s VAT reporting requirements in relation to such supply. 
 (vi) Except as otherwise expressly
provided in Section 5.8.7, a reference to “determines” or “determined” in connection with tax provisions contained in Section 5.8.7 means a determination made in the absolute discretion of the person making the
determination, acting reasonably. 
 5.8.8 Singapore Tax Matters. The provisions of Section 5.8 (other than
this Section 5.8.8) shall not apply, and instead the provisions of this Section 5.8.8 shall apply, to any advance under any Loan Document to any Singapore Borrower or any other Borrower that is required to make a Tax Deduction in
accordance with the relevant provisions of Singapore law (each a “Relevant Borrower” for the purposes of this Section 5.8.8). Except as otherwise expressly provided in this Section 5.8.8, a reference to
“determines” or “determined” in connection with tax provisions contained in this Section 5.8.8 means a determination made in the absolute discretion of the Person making the determination, acting reasonably. 

(a) Definitions. Solely for purposes of this Section 5.8.8, the following terms shall have the following meanings:

 “Qualifying Lender” means: 
 (a) a Lender which is making an advance under a Loan Document and is beneficially entitled to interest payable to that Lender in respect of an advance and is a Person: 

(i) which has been granted a waiver by the Inland Revenue Authority of Singapore from compliance with Sections 45 and/or
45A of the Singapore Income Tax Act, Chapter 134; or 
 (ii) in respect of whose income the Minister for Finance
of Singapore has granted a full exemption from tax under Section 13(4) of the Singapore Income Tax Act, Chapter 134 or under Sections 59 and/or 60 of the Singapore Economic Expansion Incentives (Relief from Income Tax) Act, Chapter 86;

 (b) a Treaty Lender; or 
 (c) a Lender which is a Person resident in Singapore for Singapore tax purposes. 

“Treaty State” means a jurisdiction having a double taxation agreement (a “Treaty”) with Singapore
which makes provision for full exemption from tax withheld on interest paid by a Singapore tax resident to a Treaty State resident. 
 “GST” means any goods and services, value-added or any other Tax of a similar nature, wherever imposed. 

  
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 (b) Tax Gross-up. 

(i) Each Relevant Borrower shall make all payments required to be made by it to any Lender under any Loan Document without
any Tax Deduction unless a Tax Deduction is required by law. 
 (ii) Each Relevant Borrower shall promptly upon
becoming aware that a Relevant Borrower must make a Tax Deduction (or that there is any change in the rate or the basis of a Tax Deduction) notify Agent accordingly. Similarly, a Lender shall notify Agent on becoming so aware in respect of a payment
payable to that Lender. If Agent receives such notification from a Lender it shall notify the Relevant Borrower. 

(iii) If a Tax Deduction is required by law to be made by a Relevant Borrower, the amount of the payment due from that
Relevant Borrower shall be increased to an amount which (after making any Tax Deduction) is equal to the payment which would have been made by the Relevant Borrower if no Tax Deduction had been required. 

(iv) A payment shall not be increased under clause (iii) above by reason of a Tax Deduction on account of Taxes
imposed by Singapore if, on the date on which the payment falls due: 
 (A) the payment could have been made to
the relevant Lender without the relevant Tax Deduction if the Lender had been a Qualifying Lender, but on that date that Lender was not or had ceased to be a Qualifying Lender (other than as a result of any change after the date it became a Lender
under this Agreement in (or in the interpretation, administration or application of) any law or Treaty or any published practice or published concession of any relevant taxing authority; or 

(B) the relevant Lender is a Qualifying Lender and the Relevant Borrower making the payment is able to demonstrate that
the payment could have been made to the Lender without a Tax Deduction had that Lender complied with its obligations under clause (vii) below. 
 (v) If a Relevant Borrower is required to make a Tax Deduction, that Relevant Borrower shall make that Tax Deduction and any payment required in connection with that Tax Deduction within the time allowed
and in the minimum amount required by law. 
 (vi) Within thirty days of making either a Tax Deduction or any
payment required in connection with that Tax Deduction, the Relevant Borrower making that Tax Deduction shall deliver to Agent for the benefit of the Lender entitled to the payment an evidence reasonably satisfactory to that Lender that the Tax
Deduction has been made or (as applicable) any appropriate payment paid to the relevant taxing authority. 

  
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 (vii) A Qualifying Lender and each Relevant Borrower which makes a payment
to which that Qualifying Lender is entitled shall, within any applicable period stipulated under Singapore law, cooperate to ensure compliance with any procedural formalities necessary, if any, in order for that payment to be lawfully made to that
Qualifying Lender by the Relevant Borrower without a Tax Deduction. 
 (c) Tax Indemnity. 

(i) The Relevant Borrowers shall (within three Business Days of demand by the Agent) pay to a Lender an amount equal to
the loss, liability or cost which that Lender determines will be or has been (directly or indirectly) suffered for or on account of Taxes by that Lender in respect of a Loan Document. 

(ii) Clause (c)(i) above shall not apply: 

(A) with respect to any Taxes assessed on a Lender: 

(1) under the law of the jurisdiction in which such Lender is incorporated or, if different, the jurisdiction (or
jurisdictions) in which such Lender is treated as resident for tax purposes; or 
 (2) under the law of the
jurisdiction in which such Lender’s Lending Office is located in respect of amounts received or receivable in such jurisdiction, 
 if such Taxes are imposed on or calculated by reference to the net income received or receivable (but not any sum deemed to be received or receivable) by such Lender; or 

(B) to the extent a loss, liability or cost: 

(1) is compensated for by an increased payment under Section 5.8.8(b)(iii) (Tax Gross-up); or 

(2) would have been compensated for by an increased payment under Section 5.8.8(b)(iii) (Tax Gross-up) but
was not so compensated solely because one of the exclusions in Section 5.8.8(b)(iv) (Tax Gross-up) applied. 
 (iii) A Lender intending to make a claim under Section 5.8.8(c)(i) above shall notify the Agent of the event giving rise to the claim, whereupon the Agent shall notify the Borrower thereof.

 (iv) A Lender shall, on receiving a payment from the Relevant Borrowers under this Section 5.8.8(c),
notify the Agent. 
 (d) Tax Credit. If a Relevant Borrower makes a Tax Payment and the relevant Lender determines that:

 (i) a Tax Credit is attributable to that Tax Payment; and 

  
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 (ii) that Lender has obtained, utilised and retained that Tax Credit,

 the Lender shall as soon as reasonably practicable following receipt of such Tax Credit pay an amount to the Relevant Borrower which that
Lender determines will leave it (after that payment) in the same after-Tax position as it would have been in had the Tax Payment not been required to be made by the Relevant Borrower. 

(e) Lender Status Confirmation. Each New Lender shall indicate, in the Assignment and Acceptance which it executes on becoming a
party, and for the benefit of Agent, which of the following categories it falls within: 
 (i) not a Qualifying
Lender; 
 (ii) a Qualifying Lender (other than a Treaty Lender); or 

(iii) a Treaty Lender. 
 The failure of a New Lender to comply with its obligations under this Section 5.8.8(e) shall not affect its entitlement to a Tax Payment under Section 5.8.8(b) (Tax Gross-up) or 5.8.8(c)
(Tax Indemnity) above. 
 (f) Stamp Taxes. The Borrowers shall: 

(i) pay all stamp duty, registration and other similar Taxes payable in respect of any Loan Document; and 

(ii) within three Business Days of demand, indemnify each Lender against any cost, loss or liability that Lender incurs in
relation to any stamp duty, registration or other similar Tax paid or payable in respect of any Loan Document. 
 (g) Goods
and Services Tax. 
 (i) All amounts set out or expressed in a Loan Document to be payable by any party to a
Lender shall be deemed to be exclusive of any GST. If any goods and services tax is chargeable on any supply made by any Lender to any party in connection with a Loan Document, that party shall pay to the Lender (in addition to and at the same time
as paying the consideration) an amount equal to the amount of the GST (and such Lender shall promptly provide a tax invoice complying with the Goods and Services Tax Act Chapter 117A of Singapore to such party). 

(ii) Where a Loan Document requires any party to reimburse a Lender for any costs or expenses, that party shall also at
the same time pay and indemnify the Lender against all GST incurred by that Lender. 
 5.8.9 United Kingdom Tax
Matters. The provisions of Section 5.8 (other than this Section 5.8.9) shall not apply, and instead the provisions this Section 5.8.9 shall apply, to any advance under any Loan Document to any UK Borrower or any other Borrower
to whom the provisions of Section 874 ITA would apply (ignoring any exceptions) on the payment of any amount of interest (each a “Relevant Borrower” for the purposes of this Section 5.8.9) to any Lender. 

  
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 (a) Solely for the purposes of this Section 5.8.9, the following terms shall have the
following meanings: 
 “Qualifying Lender” means: 

(a) a Lender (other than a Lender within clause (b) of the definition of Qualifying Lender) which is beneficially entitled to
interest payable to that Lender in respect of an advance under a Loan Document and is: 
 (i) a Lender;

 (A) that is a bank (as defined for the purpose of section 879 of the ITA) making an advance under a Loan
Document; or 
 (B) in respect of an advance under a Loan Document by a person that was a bank (as defined for
the purpose of section 879 of the ITA) at the time that such advance under a Loan Document was made, 
 and, in each case, which
is within the charge to United Kingdom corporation tax with respect to any payments of interest made in respect of that advance or would be within such charge as respects such payments apart from Section 18A of the CTA; or 

(ii) a Lender which is: 
 (A) a company resident in the United Kingdom for United Kingdom tax purposes; 
 (B) a partnership, each member of which is: 
 (1) A company so
resident in the United Kingdom; or 
 (2) a company not so resident in the United Kingdom which carries on a
trade in the United Kingdom through a permanent establishment and which brings into account in computing its chargeable profits (within the meaning of section 19 of the CTA) the whole of any share of interest payable in respect of that advance that
falls to it by reason of Part 17 of the CTA; or 
 (C) a company not so resident in the United Kingdom which
carries on a trade in the United Kingdom through a permanent establishment and which brings into account interest payable in respect of that advance in computing the chargeable profits (within the meaning of section 19 of the CTA) of that company;
or 

  
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 (iii) a Treaty Lender; or 

(b) a building society (as defined for the purposes of section 880 of the ITA) making an advance. 

“Tax Confirmation” means a confirmation by a Lender that the person beneficially entitled to interest payable to that
Lender in respect of an advance under a Loan Document is either: 
 (a) a company resident in the United Kingdom for United
Kingdom tax purposes; or 
 (b) a partnership each member of which is: 

(i) a company so resident in the United Kingdom; or 

(ii) a company not so resident in the United Kingdom which carries on a trade in the United Kingdom through a permanent
establishment and which brings into account in computing its chargeable profits (within the meaning of section 19 of the CTA) the whole of any share of interest payable in respect of that advance that falls to it by reason of Part 17 of the CTA; or

 (iii) a company not so resident in the United Kingdom which carries on a trade in the United Kingdom through
a permanent establishment and which brings into account interest payable in respect of that advance in computing the chargeable profits (within the meaning of section 19 of the CTA) of that company. 

“Treaty State” means a jurisdiction having a double taxation agreement (a “Treaty”) with the United
Kingdom which makes provision for full exemption from tax imposed by the United Kingdom on interest. 
 “UK Non-Bank
Lender” means: 
 (a) a Lender (which falls within clause (a)(ii) of the definition of Qualifying Lender) which is
a party to this Agreement and which has provided a Tax Confirmation to the Agent; and 
 (b) where a Lender becomes a party
after the Closing Date, an Assignee which gives a Tax Confirmation in the Assignment and Acceptance Agreement which it executes on becoming a party. 
 (b) Tax Gross-up. 
 (i) Each Relevant Borrower shall make
all payments to be made by it under any Loan Document without any Tax Deduction unless a Tax Deduction is required by law. 

  
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 (ii) A Relevant Borrower shall, promptly upon becoming aware that it must
make a Tax Deduction (or that there is any change in the rate or the basis of a Tax Deduction) notify the Agent accordingly. Similarly, a Lender shall promptly notify the Agent on becoming so aware in respect of a payment payable to that Lender. If
the Agent receives such notification from a Lender it shall notify the Relevant Borrower. 
 (iii) If a Tax
Deduction is required by law to be made by a Relevant Borrower, the amount of the payment due from that Relevant Borrower shall be increased to an amount which (after making any Tax Deduction) is equal to the payment which would have been made by
the Relevant Borrower if no Tax Deduction had been required. 
 (iv) A payment shall not be increased under
clause (iii) above by reason of a Tax Deduction on account of Taxes imposed by the United Kingdom if, on the date on which the payment falls due: 
 (A) the payment could have been made to the relevant Lender without a Tax Deduction if the Lender had been a Qualifying Lender, but on that date that Lender is not or has ceased to be a Qualifying Lender
other than as a result of any change after the date it became a Lender under this Agreement in (or in the interpretation, administration, or application of) any law or Treaty or any published practice or published concession of any relevant taxing
authority; or 
 (B) the relevant Lender is a Qualifying Lender solely by virtue of clause (a)(ii) of the
definition of Qualifying Lender, and: 
 (1) an officer of H.M. Revenue & Customs has given (and not
revoked) a direction (a “Direction”) under section 931 of the ITA which relates to the payment and that Lender has received from the Relevant Borrower making the payment a certified copy of that Direction; and 

(2) the payment could have been made to the Lender without any Tax Deduction if that Direction had not been made; or

 (C) the relevant Lender is a Qualifying Lender solely by virtue of clause (a)(ii) of the definition of
Qualifying Lender and: 
 (1) the relevant Lender has not given a Tax Confirmation to the Relevant Borrower; and

 (2) the payment could have been made to the Lender without any Tax Deduction if the Lender had given a Tax
Confirmation to the Relevant Borrower, on the basis that the Tax Confirmation would have enabled the Relevant Borrower to have formed a reasonable belief that the payment was an “excepted payment” for the purpose of section 930 of the ITA;
or 

  
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 (D) the relevant Lender is a Treaty Lender and the Relevant Borrower making
the payment is able to demonstrate that the payment could have been made to the Lender without the Tax Deduction had that Lender complied with its obligations under clause (b)(vii), (b)(xi) or (f)(i) (as applicable) below. 

(v) If a Relevant Borrower is required to make a Tax Deduction, that Relevant Borrower shall make that Tax Deduction and
any payment required in connection with that Tax Deduction within the time allowed and in the minimum amount required by law. 
 (vi) Within thirty days of making either a Tax Deduction or any payment required in connection with that Tax Deduction, the Relevant Borrower making that Tax Deduction shall deliver to Agent for the
benefit of the Lender entitled to the payment a statement under section 975 of the ITA or other evidence reasonably satisfactory to that Lender that the Tax Deduction has been made or (as applicable) any appropriate payment paid to the relevant
taxing authority. 
 (vii) A Treaty Lender and each Relevant Borrower which makes a payment to which that Treaty
Lender is entitled shall co-operate in completing any procedural formalities necessary for that Relevant Borrower to obtain authorization to make that payment without a Tax Deduction. 

(viii) Nothing in clause (b)(vii) above shall require a Treaty Lender to: 

(A) register under the HMRC DT Treaty Passport scheme; 

(B) apply the HMRC DT Treaty Passport scheme to any advance if it has so registered; or 

(C) file Treaty forms if it has included an indication to the effect that it wishes the HMRC DT Treaty Passport Scheme to
apply to this Agreement in accordance with subsections (b)(xi) or (f)(i) (HMRC DT Treaty Passport scheme confirmation) and the Relevant Borrower making that payment has not complied with its obligations under subsections (b)(xii) or (f)(ii) (HMRC DT
Treaty Passport scheme confirmation). 
 (ix) A UK Non-Bank Lender which becomes a party on the day on which this
Agreement is entered into gives a Tax Confirmation to Agent by entering into this Agreement. 
 (x) A UK Non-Bank
Lender shall promptly notify Agent if there is any change in the position from that set out in the Tax Confirmation. 
 (xi) A Treaty Lender which becomes a party on the day on which this Agreement is entered into that holds a passport under the HMRC DT Treaty Passport scheme, and which wishes that scheme to apply to this
Agreement, shall include an indication to that effect (for the benefit of Agent and without liability to any Relevant Borrower) by notifying Agent of its scheme reference number and its jurisdiction of tax residence. 

  
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 (xii) Where a Lender notifies Agent as described in clause (b)(xi) above
each Relevant Borrower shall file a duly completed form DTTP2 in respect of such Lender with HM Revenue & Customs within 30 days of the date of this Agreement and shall promptly provide the Lender with a copy of that filing. 

(xiii) If a Lender has not included an indication to the effect that it wishes the HMRC DT Treaty Passport scheme to apply
to this Agreement in accordance with clause (b)(xi) above or clause (f)(i) (HMRC DT Treaty Passport scheme confirmation), no Relevant Borrower shall file any form relating to the HMRC DT Treaty Passport scheme in respect of that Lender’s
advance or its participation in any advance. 
 (c) Tax Indemnity. 

(i) The Relevant Borrowers shall (within three Business Days of demand by the Agent) pay to a Lender an amount equal to
the loss, liability or cost which that Lender determines will be or has been (directly or indirectly) suffered for or on account of Taxes by that Lender in respect of a Loan Document. 

(ii) Clause (c)(i) above shall not apply: 

(A) with respect to any Taxes assessed on a Lender: 

(1) under the law of the jurisdiction in which such Lender is incorporated or, if different, the jurisdiction (or
jurisdictions) in which such Lender is treated as resident for tax purposes; or 
 (2) under the law of the
jurisdiction in which such Lender’s Lending Office is located in respect of amounts received or receivable in such jurisdiction, 
 if such Taxes are imposed on or calculated by reference to the net income received or receivable (but not any sum deemed to be received or receivable) by such Lender; or 

(B) to the extent a loss, liability or cost: 

(1) is compensated for by an increased payment under Section 5.8.9(b)(iii) (Tax Gross-up); or 

(2) would have been compensated for by an increased payment under Section 5.8.9(b)(iii) (Tax Gross-up) but
was not so compensated solely because one of the exclusions in Section 5.8.9(b)(iv) (Tax Gross-up) applied. 

  
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 (iii) A Lender making, or intending to make a claim under
Section 5.8.9(c)(i) above shall promptly notify Agent of the event which will give, or has given, rise to the claim, following which Agent shall notify the Borrowers. 

(iv) A Lender shall, on receiving a payment from the Relevant Borrowers under this Section 5.8.9(c), notify Agent.

 (d) Tax Credit. If a Relevant Borrower makes a Tax Payment and the relevant Lender determines that: 

(i) a Tax Credit is attributable either to an increased payment of which that Tax Payment forms part, or to that Tax
Payment; and 
 (ii) that Lender has obtained, utilized and retained that Tax Credit. 

the Lender shall as soon as reasonably practicable following receipt of such Tax Credit pay an amount to the Relevant Borrower which that
Lender determines will leave it (after that payment) in the same after-Tax position as it would have been in had the Tax Payment not been required to be made by the Relevant Borrower. 

(e) Lender Status Confirmation. Each New Lender shall indicate, in the Assignment and Acceptance which it executes on becoming a
party, and for the benefit of Agent and without liability to any Relevant Borrower, which of the following categories it falls within: 
 (i) not a Qualifying Lender; 
 (ii) a Qualifying Lender (other than
a Treaty Lender); or 
 (iii) a Treaty Lender. 

If a New Lender fails to indicate its status in accordance with this Section 5.8.9(e), then such New Lender or Lender (as
appropriate) shall be treated for the purposes of this Agreement (including by each Relevant Borrower) as if it is not a Qualifying Lender until such time as it notifies Agent which category of Qualifying Lender applies (and Agent, upon receipt of
such notification, shall inform the Relevant Borrower). For the avoidance of doubt, an Assignment and Acceptance shall not be invalidated by any failure of a New Lender to comply with this Section 5.8.9(e). 

(f) HMRC DT Treaty Passport Scheme Confirmation. 

(i) A New Lender that is a Treaty Lender that holds a passport under the HMRC DT Treaty Passport scheme, and which wishes
that scheme to apply to this Agreement, shall include an indication to that effect (for the benefit of Agent and without liability to any Relevant Borrower) in the Assignment and Acceptance which it executes by including its scheme reference number
and its jurisdiction of tax residence in that Assignment and Acceptance. 

  
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 (ii) Where an Assignment and Acceptance includes the indication described in
clause (f)(i) above in the relevant Assignment and Acceptance, each Relevant Borrower which is a party as a Borrower as at the date that the relevant Assignment and Acceptance Agreement is executed (the “Transfer Date”) shall file a
duly completed form DTTP2 in respect of such Lender with HM Revenue & Customs within 30 days of that Transfer Date and shall promptly provide the Lender with a copy of that filing. 

(g) Stamp Taxes. The Relevant Borrowers shall pay and, within three Business Days of demand, indemnify each Lender against any
cost, loss or liability that Lender incurs in relation to all stamp duties, registration or other similar Taxes payable in respect of any Loan Document. 
 (h) Value Added Tax. 
 (i) All amounts set out or expressed
in a Loan Document to be payable by any party to any Lender which (in whole or in part) constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or supplies,
and accordingly, subject to clause (ii) below, if VAT is or becomes chargeable on any supply made by any Lender to any party under a Loan Document, that party shall pay to the Lender (in addition to and at the same time as paying any other
consideration for such supply) an amount equal to the amount of such VAT (and such Lender shall promptly provide an appropriate VAT invoice to such party). 
 (ii) If VAT is or becomes chargeable on any supply made by any Lender (the “Supplier”) to any other Lender (the “Recipient”) under a Loan Document, and any party other
than the Recipient (the “Relevant Party”) is required by the terms of any Loan Document to pay an amount equal to the consideration for that supply to the Supplier (rather than being required to reimburse or indemnify the Recipient
in respect of that consideration, 
 (A) (where the Supplier is the person required to account to the relevant
tax authority for the VAT) the Relevant Party must also pay to the Supplier (at the same time as paying that amount) an additional amount equal to the amount of VAT. The Recipient must (where this subsection (ii)(A) applies) promptly pay to the
Relevant Party an amount equal to any credit or repayment the Recipient receives from the relevant tax authority which the Recipient reasonably determines relates to the VAT chargeable on that supply; and 

(B) (where the Recipient is the person required to account to the relevant tax authority for the VAT), the Relevant Party
must promptly, following demand from the Recipient, pay to the Recipient an amount equal to the VAT chargeable on that supply. The Recipient must (where this subsection (ii)(B) applies) promptly pay to the Relevant Party an amount equal to any
credit or repayment the Recipient receives from the relevant tax authority which the Recipient reasonably determines relates to the VAT chargeable on that supply. 

  
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 (iii) Where a Loan Document requires any party to reimburse or indemnify a
Lender for any cost or expense in connection with such Loan Document, the reimbursement or indemnity (as the case may be) shall be for the full amount of such cost or expense, including such part thereof as represents VAT, save to the extent that
such Lender reasonably determines that it is entitled to credit or repayment in respect of such VAT from the relevant tax authority). 
 (iv) Any reference in this Section 5.8.9 to any party shall, at any time when such party is treated as a member of a group for VAT purposes, include (where appropriate and unless the context
otherwise requires) a reference to the representative member of such group at such time (the term “representative member” to have the same meaning as in the United Kingdom Value Added Tax Act 1994). 

(v) In relation to any supply made by a Lender to any party under a Loan Document, if reasonably requested by such Lender,
that party must as promptly as reasonably practicable provide such Lender with details of that party’s VAT registration and such other information as is reasonably requested in connection with such Lender’s VAT reporting requirements in
relation to such supply. 
 Except as otherwise expressly provided in this Section 5.8.9, a reference to “determines” or
“determined” in connection with tax provisions contained in Section 5.8.9 means a determination made in the absolute discretion of the person making the determination, acting reasonably. 

5.9 Lender Tax Information. 
 For purposes of this Section 5.9, the term “Lender” includes any Fronting Bank. 
 5.9.1 Generally. Any Foreign Lender that is entitled to an exemption from or reduction of withholding tax under the law of the jurisdiction in which a relevant Loan Party is resident for tax
purposes, or under any treaty to which such jurisdiction is a party, with respect to payments under any Loan Document shall deliver to Agent and the relevant Loan Party Agent, at the time or times prescribed by Applicable Law or reasonably requested
by Agent or the relevant Loan Party Agent, such properly completed and executed documentation or such other evidence as prescribed by Applicable Law as will permit such payments to be made without withholding or at a reduced rate of withholding. In
addition and only to the extent applicable, any Lender, if requested by Agent or a Loan Party Agent, shall deliver such other documentation prescribed by Applicable Law or reasonably requested by Agent or such Loan Party Agent as will enable Agent
and such Loan Party Agent to determine whether or not such Lender is subject to backup withholding or information reporting requirements. 
 5.9.2 U.S. Borrowers. If a Borrower is a U.S. Person, any Lender that is a U.S. Person shall deliver to Agent and North American Loan Party Agent IRS Form W-9 or such other documentation or
information prescribed by Applicable Law or reasonably requested by Agent or North American Loan Party Agent to determine whether such Lender is subject to information reporting requirements and to establish that such Lender is not subject to backup
withholding. If any Foreign Lender is entitled to any exemption from or reduction of U.S. withholding tax for payments with respect to the U.S. Facility Obligations, it shall deliver to 

  
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 Agent and North American Loan Party Agent, on or prior to the date on which it becomes a U.S. Lender or U.S.
Fronting Bank hereunder (and from time to time thereafter upon request by Agent or North American Loan Party Agent, but only if such Foreign Lender is legally entitled to do so) two original executed copies of, (a) IRS Form W-8BEN claiming
eligibility for benefits of an income tax treaty to which the United States is a party; (b) IRS Form W-8ECI; (c) IRS Form W-8IMY and all required supporting documentation (including, a certificate in the form of Exhibit J-2 (a
“Non-Bank Certificate”) applicable to a partnership, if applicable); (d) in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under section 871(h) or section 881(c) of the Code, IRS Form
W-8BEN and a Non-Bank Certificate in the form of Exhibit J-1 or Exhibit J-2, as applicable; and/or (e) any other form prescribed by Applicable Law as a basis for claiming exemption from or a reduction in U.S. withholding tax,
together with such supplementary documentation as may be necessary to allow Agent and U.S. Borrowers to determine the withholding or deduction required to be made. 
 5.9.3 Lender Obligations. Each Lender shall promptly notify the relevant Loan Party Agent and Agent of any change in circumstances that would change any claimed Tax exemption or reduction.
Each Lender, severally and not jointly with any other Lender, shall indemnify, hold harmless and reimburse (within 10 days after demand therefor) affected Borrowers of the Borrower Group to which such Lender has issued a Commitment and Agent for any
Taxes, losses, claims, liabilities, penalties, interest and expenses (including reasonable and documented attorneys’ fees limited to the fees, disbursements and other charges or one primary counsel and one local counsel in each relevant
jurisdiction) incurred by or asserted against such affected Borrower of such Borrower Group or Agent by any Governmental Authority due to such Lender’s failure to deliver, or inaccuracy or deficiency in, any documentation required to be
delivered by it pursuant to Section 5.8 or this Section 5.9. Each Lender authorizes Agent to set off any amounts due to Agent under this Section against any amounts payable to such Lender under any Loan Document. If a payment made to Agent
or a Lender under any Loan Document would be subject to United States withholding Tax imposed by FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA, Agent or such Lender shall deliver to the Borrowers and
the Agent at the time or times prescribed by Applicable Law and at such time or times reasonably requested by the Borrowers or Agent such documentation prescribed by Applicable Law and such additional documentation reasonably requested by the
Borrowers or Agent as may be necessary for the Borrowers and Agent to comply with their obligations under FATCA and to determine that such Lender has complied with its obligations under such sections, or to determine the amount to deduct and
withhold from such payment. Solely for purposes of this Section 5.9.3, “FATCA” shall include any amendments made to FATCA after the date of this Agreement. 
 5.10 Guarantees. 
 5.10.1 Joint and Several Liability of U.S.
Domiciled Loan Parties. Each U.S. Domiciled Loan Party agrees that it is jointly and severally liable for, and absolutely and unconditionally guarantees to Agent and the other Secured Parties the prompt payment and performance of, all
Secured Obligations and all agreements of each other Loan Party under the Credit Documents. Each U.S. Domiciled Loan Party agrees that its guarantee obligations as a Guarantor of the Secured Obligations hereunder constitute a continuing guarantee of
payment and not of collection, that such guarantee obligations shall not be discharged until Full Payment 

  
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 of the Secured Obligations, and that such guarantee obligations are absolute and unconditional, irrespective
of (a) the genuineness, validity, regularity, enforceability, subordination or any future modification of, or change in, any Secured Obligations or Credit Document, or any other document, instrument or agreement to which any Loan Party is or
may become a party or be bound; (b) the absence of any action to enforce this Agreement (including this Section 5.10) or any other Credit Document, or any waiver, consent or indulgence of any kind by Agent or any other Secured Party with
respect thereto; (c) the existence, value or condition of, or failure to perfect a Lien or to preserve rights against, any security or guarantee for the Secured Obligations or any action, or the absence of any action, by Agent or any other
Secured Party in respect thereof (including the release of any security or guarantee); (d) the insolvency of any Loan Party; (e) any election by Agent or any other Secured Party in an Insolvency Proceeding for the application of
Section 1111(b)(2) of the U.S. Bankruptcy Code; (f) any borrowing or grant of a Lien by any other Loan Party, as debtor-in-possession under Section 364 of the U.S. Bankruptcy Code or otherwise; (g) the disallowance of any claims
of Agent or any other Secured Party against any Loan Party for the repayment of any Secured Obligations under Section 502 of the U.S. Bankruptcy Code or otherwise; or (h) any other action or circumstances that might otherwise constitute a
legal or equitable discharge or defense of a surety or guarantor, except Full Payment of all Secured Obligations. 
 5.10.2
Waivers by U.S. Domiciled Loan Parties. 
 (a) Each U.S. Domiciled Loan Party hereby expressly waives all rights that
it may have now or in the future under any statute, at common law, in equity or otherwise, to compel Agent or the other Secured Parties to marshal assets or to proceed against any Loan Party, other Person or security for the payment or performance
of any Secured Obligations before, or as a condition to, proceeding against such Loan Party. To the extent permitted by Applicable Law, each U.S. Domiciled Loan Party waives all defenses available to a surety, guarantor or accommodation co-obligor
other than Full Payment of all Secured Obligations. It is agreed among each U.S. Domiciled Loan Party, Agent and the other Secured Parties that the provisions of this Section 5.10 are of the essence of the transaction contemplated by the Credit
Documents and that, but for such provisions, Agent, Fronting Banks and Lenders would decline to make Loans and issue Letters of Credit. Each U.S. Domiciled Loan Party acknowledges that its guarantee pursuant to this Section is necessary to the
conduct and promotion of its business, and can be expected to benefit such business. 
 (b) Agent and the other Secured Parties
may, in their discretion, pursue such rights and remedies as they deem appropriate, including realization upon the Collateral by judicial foreclosure or non-judicial sale or enforcement, to the extent permitted under Applicable Law, without
affecting any rights and remedies under this Section 5.10. If, in taking any action in connection with the exercise of any rights or remedies, Agent or any other Secured Party shall forfeit any other rights or remedies, including the right to
enter a deficiency judgment against any U.S. Domiciled Party or other Person, whether because of any Applicable Laws pertaining to “election of remedies” or otherwise, each U.S. Domiciled Loan Party consents to such action and, to the
extent permitted under Applicable Law, waives any claim based upon it, even if the action may result in loss of any rights of subrogation that any U.S. Domiciled Loan Party might otherwise have had. To the extent permitted under Applicable Law, any
election of remedies that results in denial or impairment of the right of Agent or any other Secured Party to seek a 

  
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 deficiency judgment against any U.S. Domiciled Loan Party shall not impair any other U.S. Domiciled Loan
Party’s obligation to pay the full amount of the Secured Obligations. To the extent permitted under Applicable Law, each U.S. Domiciled Loan Party waives all rights and defenses arising out of an election of remedies, such as nonjudicial
foreclosure with respect to any security for the Secured Obligations, even though that election of remedies destroys such U.S. Domiciled Loan Party’s rights of subrogation against any other Person. To the extent permitted under Applicable Law,
Agent may bid all or a portion of the Secured Obligations at any foreclosure or trustee’s sale or at any private sale, and the amount of such bid need not be paid by Agent but shall be credited against the Secured Obligations in accordance with
the terms of this Agreement. To the extent permitted under Applicable Law, the amount of the successful bid at any such sale, whether Agent or any other Person is the successful bidder, shall be conclusively deemed to be the fair market value of the
Collateral, and the difference between such bid amount and the remaining balance of the Secured Obligations shall be conclusively deemed to be the amount of the Secured Obligations guaranteed under this Section 5.10, notwithstanding that any
present or future law or court decision may have the effect of reducing the amount of any deficiency claim to which Agent or any other Secured Party might otherwise be entitled but for such bidding at any such sale. 

5.10.3 Extent of Liability of U.S. Domiciled Loan Parties; Contribution. 

(a) Notwithstanding anything herein to the contrary, each U.S. Domiciled Loan Party’s liability under this Section 5.10 shall
be limited to the greater of (i) all amounts for which such U.S. Domiciled Loan Party is primarily liable, as described below, and (ii) such U.S. Domiciled Loan Party’s Allocable Amount. 

(b) If any U.S. Domiciled Loan Party makes a payment under this Section 5.10 of any Secured Obligations (other than amounts for
which such U.S. Domiciled Loan Party is primarily liable) (a “Guarantor Payment”) that, taking into account all other Guarantor Payments previously or concurrently made by any other U.S. Domiciled Loan Party, exceeds the amount that
such U.S. Domiciled Loan Party would otherwise have paid if each U.S. Domiciled Loan Party had paid the aggregate Secured Obligations satisfied by such Guarantor Payments in the same proportion that such U.S. Domiciled Loan Party’s Allocable
Amount bore to the total Allocable Amounts of all U.S. Domiciled Loan Parties, then such U.S. Domiciled Loan Party shall be entitled to receive contribution and indemnification payments from, and to be reimbursed by, each other U.S. Domiciled Loan
Party for the amount of such excess, pro rata based upon their respective Allocable Amounts in effect immediately prior to such Guarantor Payment. The “Allocable Amount” for any U.S. Domiciled Loan Party shall be the maximum amount
that could then be recovered from such U.S. Domiciled Loan Party under this Section 5.10 without rendering such payment voidable under Section 548 of the U.S. Bankruptcy Code or under any applicable state fraudulent transfer or conveyance
act, or similar statute or common law. 
 (c) Nothing contained in this Section 5.10 shall limit the liability of any Loan
Party to pay Loans made directly or indirectly to that Loan Party (including Loans advanced to any other Loan Party and then re-loaned or otherwise transferred to, or for the benefit of, such Loan Party), LC Obligations relating to Letters of Credit
issued to support such Loan Party’s business, and all accrued interest, fees, expenses and other related Secured Obligations with respect thereto, for which such Loan Party shall be primarily liable for all purposes hereunder. 

  
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 5.10.4 Joint Enterprise. Each Borrower has requested that Agent, Fronting
Banks and Lenders make this credit facility available to Borrowers on a combined basis, in order to finance Borrowers’ business most efficiently and economically. Borrowers and Guarantors make up a related organization of various entities
constituting a single economic and business enterprise so that Borrowers and Guarantors share an identity of interests such that any benefit received by any one of them benefits the others. Borrowers and Guarantors render services to or for the
benefit of the other Borrowers and/or Guarantors, as the case may be, purchase or sell and supply goods to or from or for the benefit of the others, make loans, advances and provide other financial accommodations to or for the benefit of the other
Borrowers and Guarantors (including inter alia, the payment by Borrowers and Guarantors of creditors of the other Borrowers or Guarantors and guarantees by Borrowers and Guarantors of indebtedness of the other Borrowers and Guarantors and provide
administrative, marketing, payroll and management services to or for the benefit of the other Borrowers and Guarantors). Borrowers and Guarantors have centralized accounting and legal services, certain common officers and directors and generally do
not provide consolidating financial statements to creditors. Borrowers acknowledge and agree that Agent’s, Fronting Banks’ and Lenders’ willingness to extend credit to Borrowers and to administer the Collateral on a combined basis, as
set forth herein, is done solely as an accommodation to Borrowers and at Borrowers’ request. 
 5.10.5
Subordination. Each Loan Party hereby subordinates any claims, including any rights at law or in equity to payment, subrogation, reimbursement, exoneration, contribution, indemnification or set off, that it may have at any time against
any other Loan Party, howsoever arising, to the Full Payment of all Secured Obligations. 
 5.10.6 Foreign
Cross-Guarantee. Promptly following the date on which a guarantee by a Foreign Borrower of the Secured Obligations of other Foreign Borrowers would not also require such Foreign Borrower to guarantee the Senior Secured Notes (including as a
result of a repayment or refinancing of the Senior Secured Notes) and except as set forth below, each Foreign Borrower shall guarantee the Secured Obligations of other Foreign Borrowers pursuant to customary guarantee documentation in form and
substance reasonably satisfactory to North American Loan Party Agent and Agent (each, a “Foreign Cross-Guarantee”); provided, that (a) neither Holdings UK nor any Australian Borrower shall guarantee or be required to guarantee
the Secured Obligations of any other Foreign Borrowers unless the Agent first requests in writing that the Applicable Foreign Borrower provide such guarantee, (b) no Foreign Borrower (that is a “controlled foreign corporation within the
meaning of Section 957 of the Code) shall be required to guarantee any Secured Obligations of any other Foreign Borrower that is disregarded as separate from any U.S. Subsidiary for U.S. federal income tax purposes and (c) no Foreign
Cross-Guarantee shall be required in the event such Foreign Cross-Guarantee would be unenforceable or violate Applicable Law. 

5.11 Currency Matters. Dollars are the currency of account and payment for each and every sum at any time due from
Borrowers hereunder unless otherwise specifically provided in this Agreement, any other Loan Document or otherwise agreed to by Agent; provided, that 

  
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 (a) each repayment of a Revolver Loan, LC Obligation or a part thereof shall be made in the
currency in which such Revolver Loan or LC Obligation is denominated at the time of that repayment; 
 (b) each payment of
interest shall be made in the currency in which the principal or other sum in respect of which such interest is denominated; 

(c) each payment of fees pursuant to Section 3.2.1 shall be in Dollars; 

(d) each payment of fees pursuant to Sections 3.2.2 through 3.2.9 (other than Section 3.2.9(a)) shall be in the currency of the
underlying Letter of Credit; and 
 (e) each payment in respect of Extraordinary Expenses and any other costs, expenses and
indemnities shall be made in the currency in which the same were incurred by the party to whom payment is to be made. 
 No payment to any
Credit Party or any Security Trustee (whether under any judgment or court order or otherwise) shall discharge the obligation or liability of the Loan Party in respect of which it was made unless and until such Credit Party or such Security Trustee
shall have received Full Payment in the currency in which such obligation or liability is payable pursuant to the above provisions of this Section 5.11. Agent has the right, at the expense of the applicable Loan Party, to convert any payment
made in an incorrect currency into the applicable currency required under this Agreement. To the extent that the amount of any such payment shall, on actual conversion into such currency, fall short of such obligation or liability actual or
contingent expressed in that currency, such Loan Party (together with the other Loan Parties within its Loan Party Group or other obligors pursuant to any Guarantee of the Obligations of such Loan Party Group) agrees to indemnify and hold harmless
such Credit Party or such Security Trustee, with respect to the amount of the shortfall with respect to amounts payable by such Loan Party hereunder, with such indemnity surviving the termination of this Agreement and any legal proceeding, judgment
or court order pursuant to which the original payment was made which resulted in the shortfall. To the extent that the amount of any such payment to a Credit Party or a Security Trustee shall, upon an actual conversion into such currency, exceed
such obligation or liability, actual or contingent, expressed in that currency, such Credit Party or such Security Trustee shall return such excess to the members of the affected Borrower Group. 

SECTION 6. CONDITIONS PRECEDENT 
 6.1 Conditions Precedent to Initial Loans. In addition to the conditions set forth in Section 6.2, Lenders and Fronting Banks shall not be required to fund any requested Loan, issue any
Letter of Credit, or otherwise extend credit to Borrowers hereunder, until the date (“Closing Date”) on which each of the following conditions has been satisfied (and with respect to deliveries of Loan Documents, each such delivery
shall be fully-executed (where applicable) and in form and substance reasonably satisfactory to the Agent and its counsel): 

(a) Loan Documents. Notes shall have been executed by each Borrower within a Borrower Group and delivered to each Applicable
Lender that requests issuance of a Note at least three Business Days prior to the Closing Date. Each other Loan Document shall have been duly executed (where applicable) by each of the signatories thereto (including, without limitation, each lender
party to the Existing Loan Agreement that is continuing as a Lender hereunder) and delivered to the Agent, and each Loan Party shall be in compliance with all terms thereof. 

  
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 (b) Deposit Account Control Agreements. Subject to Schedule 10.1.16, Agent
shall have received evidence of the establishment of each Dominion Account and related lockboxes, together with fully-executed Deposit Account Control Agreements with respect thereto and covering the other Deposit Accounts listed on Schedule 5
to the Perfection Certificate (other than Excluded Deposit Accounts). 
 (c) Securities Account Control Agreements. Agent
shall have received fully-executed Securities Account Control Agreements covering the Securities Accounts listed on Schedule 5 to the Perfection Certificate. 
 (d) Joinder to Intercreditor Agreement. The Agent shall have entered into a notice of amendment and confirmation of joinder to the Intercreditor Agreement with the trustee for the Senior Secured
Notes, in form and substance reasonably satisfactory to the Agent, and the Intercreditor Agreement shall be in full force and effect. 
 (e) Perfected First-Priority Liens. The Agent shall have received (i) reasonably satisfactory evidence that the Agent and/or Security Trustees shall have a valid and perfected first priority
(except as otherwise permitted hereunder) Lien, security interest and hypothecation in the Collateral (including acknowledgments of all filings or recordations necessary to perfect its Liens in the Collateral) and (ii) releases, satisfactions
and payoff letters terminating all Liens on the Collateral arising under the HSBC Credit Agreement and all other Liens not permitted under Section 10.2.2. 
 (f) Lien Searches. The Agent shall have received UCC, PPSA, PPSA Australia, title and Lien searches and other evidence reasonably satisfactory to Agent that its and/or Security Trustees’ Liens
are the only Liens upon the Collateral, except Liens permitted under Section 10.2.2 and Liens being terminated under Section 6.1(e). 
 (g) Payment of Recording Costs. All filing and recording fees and taxes shall have been duly paid or arrangements reasonably satisfactory to the Agent shall have been made for the payment thereof.

 (h) Closing Certificates. The Agent shall have received a certificate of each Loan Party, dated the Closing Date,
substantially in the form of Exhibit H-1 with respect to the Australian Facility Loan Parties, Exhibit H-2 with respect to the Belgian Facility Loan Parties, Exhibit H-3 with respect to the Canadian Facility Loan Parties,
Exhibit H-4 with respect to the Dutch Facility Loan Parties, Exhibit H-5 with respect to the UK Facility Loan Parties and Exhibit H-6 with respect to the U.S. Facility Loan Parties, in each case with appropriate insertions,
executed by the President or any Vice President and the Secretary or any Assistant Secretary of such Loan Party, and attaching the documents referred to in Section 6.1(i). 

(i) Organic Documents; Incumbency. The Agent shall have received a copy of (i) each Organic Document of each Loan Party
certified, to the extent applicable, as of a recent date by the applicable Governmental Authority, (ii) signature and incumbency certificates 

  
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 of the Senior Officers of each Loan Party executing the Loan Documents to which it is a party; (iii) in
respect of a Belgian Domiciled Loan Party, a KBO certificate and a non-insolvency certificate, each not older than 10 Business Days from the Closing Date; (iv) resolutions of the Board of Directors or similar governing body of each Loan Party
(A) approving and authorizing the execution, delivery and performance of the Loan Documents to which it is a party, (B) in the case of each Borrower, the extensions of credit contemplated hereunder, certified as of the Closing Date by its
secretary or an assistant secretary as being in full force and effect without modification or amendment and (C) in respect of a Belgian Domiciled Loan Party, setting out the reasons why the board of directors of that Belgian Domiciled Loan
Party considered that the entry into this Agreement, any Guarantee (as the case may be) and the Belgian Security Agreements to which it is proposed to be a party, is of benefit to that Belgian Domiciled Loan Party; (v) a good standing
certificate (or other similar instrument) from the applicable Governmental Authority of each Loan Party’s jurisdiction of incorporation, organization or formation (to the extent a good standing certificate or similar instrument may be obtained
in such jurisdiction); and (vi) in respect of a Belgian Domiciled Loan Party, a resolution of the shareholders meeting or a written resolution of all shareholders of that Belgian Domiciled Loan Party approving the provisions of the Loan
Documents to which it is proposed to be a party in accordance with article 556 of the Belgian Companies Code (evidence that an extract of such resolution has been filed with the clerk of the commercial court of the judicial district of that Belgian
Domiciled Loan Party in accordance with Article 556 of the Belgian Companies Code shall be provided to the Agent within 15 Business Days from the Closing Date). 
 (j) Fees. Merrill Lynch, Pierce, Fenner & Smith Incorporated and the Agent shall have received the fees to be received on the Closing Date set forth in the Fee Letter. The Lenders shall
have received the fees in the amounts previously agreed in writing by the Agent, MRC and such Lenders to be received on the Closing Date, and all reasonable and documented out-of-pocket expenses of the Agent and Security Trustees (including the
reasonable and documented fees, disbursements and other charges of counsel (which shall be limited to the reasonable and documented out-of-pocket legal fees and expenses of Vinson & Elkins LLP, U.S. counsel to Agent and Security Trustees,
the Norton Rose Group, foreign counsel to Agent and Security Trustees (other than in Belgium and New Zealand), LYDIAN, Belgian counsel to Agent and Security Trustees, Bell Gully, New Zealand counsel to Agent and Security Trustees, and, if necessary,
of one local counsel in each other relevant jurisdiction (which may include a local counsel acting in multiple jurisdictions)) for which invoices have been presented prior to the Closing Date shall have been paid. 

(k) Solvency Certificate. On the Closing Date, the Agent shall have received a certificate from a Senior Officer of the North
American Loan Party Agent, with appropriate attachments and demonstrating that after giving effect to the consummation of the transactions contemplated by this Agreement, the Borrowers and the Guarantors, taken as a whole, are Solvent. 

(l) Historical Financial Statements. Lenders shall have received the Historical Financial Statements. 

  
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 (m) Financial Projections. The Agent shall have received financial projections of the
Borrowers, which shall be reasonably acceptable to the Agent (and the Agent hereby acknowledges that it has received the same prior to the date hereof). 
 (n) Insurance. Certificates of insurance evidencing the existence of insurance to be maintained by the Loan Parties pursuant to Section 10.1.5 and, if applicable, the designation of the Agent
or a Security Trustee as loss payee as its interest may appear thereunder, in each case, in form and substance satisfactory to the Agent. 
 (o) Borrowing Base Certificate. The Agent shall have received Borrowing Base Certificates setting forth each Borrowing Base, in each case, effective as of February 29, 2012. 

(p) Perfection Certificate. Each Loan Party shall deliver to the Agent a completed Perfection Certificate, executed and delivered
by a Senior Officer of such Loan Party, together with all attachments contemplated thereby. 
 (q) Legal Opinions. The
Agent shall have received reasonably satisfactory opinions of counsel to the Loan Parties, in each case, customary for transactions of this type (which shall cover, among other things, authority, legality, validity, binding effect and enforceability
of the Loans and the creation and perfection of Liens in the Collateral) and of appropriate local counsel (including Australian, Belgian, Canadian, Dutch and UK counsel). 
 (r) No Material Adverse Change. There shall not have occurred since December 31, 2011 any Material Adverse Change or any event or condition that has had or could be reasonably expected, either
individually or in the aggregate, to have a Material Adverse Effect. 
 (s) Excess Availability. Upon giving effect to
the initial funding of Loans and issuance of Letters of Credit, and the payment by the Borrowers of all fees and expenses incurred in connection herewith and due on the Closing Date, as well as the amount of any payables stretched beyond their
customary payment practices, Excess Availability shall be at least $300,000,000. 
 (t) No Litigation. There shall be no
action, suit, investigation litigation or proceeding pending or threatened in any court or before any arbitrator or Governmental Authority that could reasonably be expected to have a Material Adverse Effect or to materially and adversely affect this
Agreement (or the transactions contemplated hereby). 
 (u) Third-Party Consents. The Agent shall have received a
certificate of a Senior Officer of each Loan Party either (i) attaching copies of all consents, licenses and approvals required or appropriate to be obtained from any Governmental Authority or other third-party in connection with the execution,
delivery and performance by and the validity against each Loan Party of the Loan Documents to which it is a party, and such consents, licenses and approvals shall be in full force and effect, or (ii) stating that no such consents, licenses or
approvals are so required. 

  
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 (v) Payment of Existing Indebtedness. All Indebtedness arising under the HSBC Credit
Agreement shall have been repaid in full, and the Agent shall have received payoff letters or similar agreements which evidence the foregoing. 
 (w) Due Diligence. Agent and Joint Lead Arrangers shall have satisfactorily completed their due diligence, including such collateral reviews, field examinations, audits, appraisals, assessments and
other reviews as Agent and Joint Lead Arrangers deem appropriate. 
 (x) Know Your Customer. Any information reasonably
required by a Lender and any other Secured Party to enable it to meet its internal “know your customer” compliance requirements and normal operating procedures shall have been delivered. 

6.2 Conditions Precedent to All Credit Extensions. The Agent, Fronting Banks and Lenders shall not be required to fund any
Loans, arrange for issuance of any Letters of Credit or grant any other accommodation to or for the benefit of Borrowers (including the initial Loans on the Closing Date), unless the following conditions are satisfied: 

(a) No Default or Event of Default shall exist at the time of, or result from, such funding, issuance or grant; 

(b) The representations and warranties of each Loan Party in the Loan Documents shall be true and correct in all material respects (or,
with respect to representations and warranties qualified by materiality, in all respects) as of the date of such extension of credit (it being understood and agreed that any representation or warranty which by its terms is made as of a specified
date shall be required to be true and correct in all material respects only as of such specified date); 
 (c) Availability of
not less than the amount of the proposed Borrowing shall exist; 
 (d) Both immediately before and immediately after giving
effect thereto, no Overadvance shall exist or would result therefrom and the Total Revolver Exposure would not exceed the Maximum Facility Amount; 
 (e) With respect to the issuance of a Letter of Credit, the applicable LC Conditions shall be satisfied; and 
 (f) With respect to the funding of any Revolver Loan or arrangement for issuance of any Letter of Credit to a Foreign Borrower, or grant of any other accommodation to or for the benefit of any Foreign
Borrower, the requirements of Section 2.11 are satisfied. 
 Each request (or any deemed request, except a deemed request in connection
with a Protective Advance or pursuant to Sections 2.2.2(a), 2.3.2(a), 2.4.2(a), 2.5.2(a), 2.6.2(a), 2.7.2(a), 2.8.2(a), or 2.9.2(a)) by a Loan Party Agent or any Borrower for funding of a Loan, issuance of a Letter of Credit or grant of an
accommodation shall constitute a representation by all Borrowers that the foregoing conditions are satisfied on the date of such request and on the date of such funding, issuance or grant. 

  
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 Upon satisfaction on the Closing Date of all the conditions specified in Sections 6.1 and 6.2, (i) the
Existing Loan Agreement will be amended and restated by this Agreement (with all loans outstanding thereunder and the Existing U.S. Letters of Credit being renewed and continued) and all Liens securing obligations under the Existing Loan Agreement
shall be automatically continued and (ii) such adjustments shall be made as Agent shall specify so that the outstanding Revolver Loans and LC Obligations applicable to each Lender equals its Pro Rata share thereof (after giving effect to this
Agreement). 
 SECTION 7. COLLATERAL 
 7.1 Grant of Security Interest. To secure the prompt payment and performance of (a) all Secured Obligations (including all Secured Obligations of the Guarantors) whether arising under
the Credit Documents or otherwise, each U.S. Domiciled Loan Party hereby grants to the Agent (or confirms that the Agent already possesses), for the benefit of the Secured Parties, and (b) its Applicable Canadian Borrower Secured Obligations,
each Canadian Domiciled Loan Party hereby grants to the Agent (or confirms that the Agent already possesses), for the benefit of the Canadian Facility Secured Parties, in each case, a continuing security interest in and Lien upon all of the
following Property of such Loan Party, whether now owned or hereafter acquired, and wherever located: 
 (i) all
Accounts; 
 (ii) all Inventory or Documents, customs receipts, insurance certificates, shipping documents and
other written materials related to the purchase or import of any Inventory; 
 (iii) all Specified Revolving
Credit Collateral; 
 (iv) all Deposit Accounts (other than the Net Available Cash Account, to the extent that
it constitutes a Deposit Account) and Securities Accounts (other than the Net Available Cash Account, to the extent it constitutes a Securities Account), including all cash, marketable securities, securities entitlements, financial assets and other
funds held in or on deposit in any of the foregoing; 
 (v) monies, cash and deposits; 

(vi) all Records, Supporting Obligations and related Letter-of-Credit Rights, Commercial Tort Claims or other claims and
causes of action, in each case, to the extent not primarily related to Notes Priority Lien Collateral; and 

(vii) to the extent not otherwise included, all substitutions, replacements, accessions, products and proceeds
(including, insurance proceeds, investment property, licenses, royalties, income, payments, claims, damages and proceeds of suit) of any or all of the foregoing. 

  
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 7.2 Lien on Deposit Accounts; Cash Collateral. 

7.2.1 Deposit Accounts. Each Loan Party hereby authorizes and directs each bank or other depository to deliver to the Agent
and the Security Trustees, upon request, all balances (other than the minimum balances required to be retained therein by the related depository bank and agreed to by the Agent) in any Deposit Account and Dominion Account maintained by such Loan
Party, without inquiry into the authority or right of Agent or any Security Trustee to make such request. 
 7.2.2 Cash
Collateral. Any Cash Collateral may be invested, at Agent’s discretion, in Permitted Investments, but Agent shall have no duty to do so, regardless of any agreement or course of dealing with any Loan Party, and shall have no
responsibility for any investment or loss. To further secure the prompt payment and performance of all (a) Secured Obligations, each U.S. Domiciled Loan Party hereby grants to Agent, for the benefit of the Secured Parties, and (b) Canadian
Facility Secured Obligations, each Canadian Domiciled Loan Party hereby grants to Agent, for the benefit of the Canadian Facility Secured Parties, in each case, a continuing security interest in and Lien on all Cash Collateral of such Loan Party
from time to time and all proceeds thereof, whether such Cash Collateral is held in a Cash Collateral Account or otherwise. Loan Parties organized or incorporated outside of the U.S. and Canada shall grant Liens to the applicable Security Trustee on
Cash Collateral pursuant to the relevant Security Documents. Agent and each Security Trustee may apply Cash Collateral of (i) a U.S. Domiciled Loan Party to the payment of any Secured Obligations, (ii) an Australian Domiciled Loan Party to
the payment of any Australian Facility Secured Obligations, (iii) a Belgian Domiciled Loan Party to the payment of any Belgian Facility Secured Obligations, (iv) a Canadian Domiciled Loan Party to the payment of any Canadian Facility
Secured Obligations, (v) a Dutch Domiciled Loan Party to the payment of any Dutch Facility Secured Obligations, (vi) a New Zealand Domiciled Loan Party to the payment of any New Zealand Facility Secured Obligations, (vii) a Singapore
Domiciled Loan Party to the payment of any Singapore Facility Secured Obligations, and (viii) a UK Domiciled Loan Party to the payment of any UK Facility Secured Obligations, in each case, in such order as Agent may elect, as they become due
and payable. Each Cash Collateral Account and all Cash Collateral shall be under the sole dominion and control of Agent and the Security Trustees. No U.S. Domiciled Loan Party or other Person claiming through or on behalf of any U.S. Domiciled Loan
Party shall have any right to any Cash Collateral, until Full Payment of all Secured Obligations. No Australian Domiciled Loan Party or other Person claiming through or on behalf of any Australian Domiciled Loan Party shall have any right to any
Cash Collateral, until Full Payment of all Australian Facility Secured Obligations. No Belgian Domiciled Loan Party or other Person claiming through or on behalf of any Belgian Domiciled Loan Party shall have any right to any Cash Collateral, until
Full Payment of all Belgian Facility Secured Obligations. No Canadian Domiciled Loan Party or other Person claiming through or on behalf of any Canadian Domiciled Loan Party shall have any right to any Cash Collateral, until Full Payment of all
Canadian Facility Secured Obligations. No Dutch Domiciled Loan Party or other Person claiming through or on behalf of any Dutch Domiciled Loan Party shall have any right to any Cash Collateral, until Full Payment of all Dutch Facility Secured
Obligations. No New Zealand Domiciled Loan Party or other Person claiming through or on behalf of any New Zealand Domiciled Loan Party shall have any right to any Cash Collateral, until Full Payment of all New Zealand Facility Secured Obligations.
No Singapore Domiciled Loan Party or other Person claiming through or on behalf of any Singapore 

  
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 Domiciled Loan Party shall have any right to any Cash Collateral, until Full Payment of all Singapore
Facility Secured Obligations. No UK Domiciled Loan Party or other Person claiming through or on behalf of any UK Domiciled Loan Party shall have any right to any Cash Collateral, until Full Payment of all UK Facility Secured Obligations. 

7.3 Pledged Collateral. 
 7.3.1 Pledge and Delivery of the Pledged Collateral. 
 (a) Each
Foreign Borrower (under its respective Security Document) shall, except as otherwise agreed by Agent, pledge all of such Foreign Borrower’s right, title and interest in, to and under (i) the Stock now owned or at any time hereafter
acquired by such Foreign Borrower (except for any Stock which such Foreign Borrower owns in an entity that is (1) not a Wholly Owned Restricted Subsidiary of such Foreign Borrower or (2) not organized under the laws of Australia, Belgium,
Canada, the Netherlands, New Zealand, Singapore, the United Kingdom, the U.S. or any state, province or territory thereof), including the Stock set forth opposite the name of such Foreign Borrower on Schedule 7.3, and all certificates and
other instruments representing such Stock; and (ii) the Indebtedness owed to such Foreign Borrower by MRC and its Restricted Subsidiaries now owned or at any time hereafter acquired by such Foreign Borrower, including the Indebtedness set forth
opposite the name of such Foreign Borrower on Schedule 7.3, and all promissory notes and other instruments evidencing such Indebtedness, in each case, to secure the Secured Obligations of such Foreign Borrower; provided, however, that no
Foreign Borrower shall pledge or grant a security interest in, and the definitions of “Pledged Debt”, “Pledged Stock”, “Pledged Collateral” and “Collateral” shall not include, any Stock or Indebtedness if the
pledge of such Stock or Indebtedness or the granting of a security interest therein would result in adverse tax consequences under Section 956 of the Code. 
 (b) Each Foreign Borrower will cause all Indebtedness of MRC and its Restricted Subsidiaries in a principal amount of $10,000,000 or more that, in each case, is owing to such Foreign Borrower to be
evidenced by a duly executed promissory note or intercompany loan agreement that is pledged and delivered to Agent or its applicable Security Trustee pursuant to the terms of the Security Documents. 

(c) Each Foreign Borrower agrees to deliver or cause to be delivered to the Agent or its applicable Security Trustee any and all Pledged
Collateral at every time owned by such Foreign Borrower promptly following its acquisition thereof. 
 (d) Upon delivery to
Agent or its applicable Security Trustee, (i) any Pledged Stock shall be accompanied by undated stock powers duly executed by the Applicable Foreign Borrower in blank or other instruments of transfer satisfactory to Agent and such Security
Trustee and by such other instruments and documents as they may reasonably request and (ii) all other property comprising part of the Pledged Collateral shall be accompanied by undated proper instruments of assignment duly executed by the
Applicable Foreign Borrower in blank and by such other instruments and documents as Agent or the applicable Security Trustee may reasonably request. Each delivery of Pledged Collateral after the date hereof shall be accompanied by a schedule
describing the Pledged Collateral so delivered, which schedule shall be attached to Schedule 7.3 and made a part hereof; provided that failure to attach any such schedule hereto or any error in a schedule so attached shall not
affect the validity of the pledge of any Pledged Collateral. 

  
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 (e) To the extent that, in the reasonable judgment of the Agent (confirmed in writing by
notice to the applicable Foreign Borrower), the cost or other consequences (including any adverse tax consequences) of obtaining a pledge of or security interest in any Stock or Indebtedness shall be excessive in view of the benefits to be obtained
by the Applicable Lenders therefrom, such pledge shall not be required and/or shall be released. 
 (f) This Section 7.3.1
shall be subject to Section 2.12. 
 (g) This Section 7.3.1 is not intended to, and does not create, a Lien under the
PPSA Australia. Any such Lien under the PPSA Australia is created under the Australian Security Agreements. 
 (h)
This Section 7.3.1 and Sections 7.3.4(a)(iii), 7.3.4(b) and 8.1.5 are not intended to, and do not create, a Lien under Section 131 of the Companies Act, Chapter 50 Singapore. Any such Lien under Section 131 of the Companies Act,
Chapter 50 Singapore is created under the Singapore Security Agreements. 
 7.3.2 Pledge Related Representations,
Warranties and Covenants. Each Foreign Borrower hereby represents, warrants and covenants to the Agent and the Secured Parties that: 
 (a) Schedule 7.3 sets forth a true and complete list of (i) all the Stock owned by such Foreign Borrower and the percentage of the issued and outstanding units of each class of the Stock
of the issuer thereof represented by the Stock owned by such Foreign Borrower and required to be pledged hereunder or pursuant to the Security Documents and (ii) all Indebtedness owned by such Foreign Borrower, and all promissory notes and
other instruments evidencing such Indebtedness which are required to be pledged hereunder or pursuant to the Security Documents. Notwithstanding the foregoing, the Foreign Borrowers shall have a period not to exceed 60 days following any
Permitted Acquisition to update Schedule 7.3 in order to reflect the Stock and Indebtedness required to be described on such Schedule 7.3 as a result of such Permitted Acquisition, and, during such period, the Foreign
Borrowers shall be deemed not to have breached a representation for failure to describe on Schedule 7.3 such Stock and Indebtedness so acquired. 
 (b) The Pledged Stock and Pledged Debt have been duly and validly authorized and issued by the issuers thereof and (i) in the case of Pledged Stock, are fully paid and nonassessable and (ii) in
the case of Pledged Debt, are legal, valid and binding obligations of the issuers thereof, subject to applicable bankruptcy, reorganization, insolvency, fraudulent conveyance and transfer, moratorium or similar laws affecting creditors’ rights
generally and subject, as to enforceability, to equitable principles of general application (regardless of whether enforcement is sought in a proceeding in equity or at law). 

  
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 (c) Each Foreign Borrower has the power and authority to pledge the Pledged Collateral
pledged by it pursuant to the Security Documents in the manner hereby done or contemplated. 
 (d) No Governmental Approval or
any other action by any Governmental Authority and no consent or approval of any securities exchange or any other person (including stockholders, partners, members or creditors of the Applicable Foreign Borrower) is or will be required for the
validity of the pledge effected pursuant to the Security Documents (other than such as have been obtained (or will be obtained at the time of the original pledge) and are, or will be, in full force and effect). 

(e) By virtue of, or at the time of, the execution and delivery by each Foreign Borrower of the Security Documents (or a supplement or
joinder to the Security Documents), or, when any Pledged Collateral of such Foreign Borrower is delivered to Agent or a Security Trustee (or its bailee) in accordance with the Security Documents, Agent and such Security Trustee will obtain in
accordance with Applicable Law a valid lien upon and security interest (or pledge) in such Pledged Collateral as security for the payment and performance of its Applicable Foreign Borrower Secured Obligations. 

7.3.3 Registration in Nominee Name; Denominations. Agent and each Security Trustee shall have the right (in its sole and
absolute discretion) to hold the Pledged Collateral in its own name as pledgee, in the name of its nominee (as pledgee or as sub-agent) or in the name of the Applicable Foreign Borrower, endorsed or assigned in blank or in favor of Agent or its
applicable Security Trustee. Agent and the Security Trustees shall at all times have the right to exchange the certificates representing Pledged Collateral for certificates of smaller or larger denominations for any purpose consistent with the
Security Documents. 
 7.3.4 Voting Rights; Dividends and Interest. 

(a) Unless and until an Event of Default shall have occurred and be continuing and Agent or a Security Trustee shall have notified the
Applicable Foreign Borrower that its rights under this Section are being suspended: 
 (i) The Applicable
Foreign Borrower shall be entitled to exercise any and all voting and other consensual rights and powers inuring to an owner of Pledged Collateral or any part thereof for any purpose consistent with the terms of this Agreement and the other Loan
Documents; provided that such rights and powers shall not be exercised in any manner that could materially and adversely affect the rights inuring to a holder of any Pledged Collateral or the rights and remedies of Agent, the Security
Trustees or any other Secured Party under this Agreement or any other Loan Document or the ability of the Secured Parties to exercise the same. 
 (ii) Agent and the applicable Security Trustee shall execute and deliver to the Applicable Foreign Borrower, or cause to be executed and delivered to the Applicable Foreign Borrower, all such proxies,
powers of attorney and other instruments as the Applicable Foreign Borrower may reasonably request for the purpose of enabling the Applicable Foreign Borrower to exercise the voting and other consensual rights and powers it is entitled to exercise
pursuant to paragraph (i) above. 

  
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 (iii) The Applicable Foreign Borrower shall be entitled to receive and
retain any and all dividends, interest, principal and other distributions paid on or distributed in respect of its Pledged Collateral to the extent and only to the extent that such dividends, interest, principal and other distributions are permitted
by, and otherwise paid or distributed in accordance with, the terms and conditions of this Agreement, the other Loan Documents and Applicable Laws; provided that any noncash dividends, interest, principal or other distributions that would
constitute Pledged Stock or Pledged Debt, whether resulting from a subdivision, combination or reclassification of the outstanding Stock of the issuer of any Pledged Collateral or received in exchange for Pledged Collateral or any part thereof, or
in redemption thereof, or as a result of any merger, consolidation, acquisition or other exchange of assets to which such issuer may be a party or otherwise, shall be and become part of the Pledged Collateral and, if received by the Applicable
Foreign Borrower, shall be held in trust for the benefit of the Agent and the Security Trustees, shall be segregated from other property or funds of the Applicable Foreign Borrower and shall be forthwith delivered to the Agent or the applicable
Security Trustee upon demand in the same form as so received (with any necessary endorsement). 
 (b) Upon the occurrence and
during the continuance of an Event of Default, after Agent or a Security Trustee shall have notified the Applicable Foreign Borrower of the suspension of its rights under paragraph (a)(iii) of this Section, all rights of the Applicable Foreign
Borrower to dividends, interest, principal or other distributions that the Applicable Foreign Borrower is authorized to receive pursuant to paragraph (a)(iii) of this Section shall cease, and all such rights shall thereupon become vested in Agent
and its applicable Security Trustee, which shall have the sole and exclusive right and authority to receive and retain such dividends, interest, principal or other distributions. All dividends, interest, principal or other distributions received by
the Applicable Foreign Borrower contrary to the provisions of this Section shall be held in trust for the benefit of Agent and the applicable Security Trustee, shall be segregated from other property or funds of the Applicable Foreign Borrower and
shall be forthwith delivered to Agent or a Security Trustee upon demand in the same form as so received (with any necessary endorsement). Any and all money and other property paid over to or received by Agent or a Security Trustee pursuant to the
provisions of this paragraph shall be retained by Agent or such Security Trustee in an account to be established by Agent or such Security Trustee upon receipt of such money or other property, shall be held as security for the Applicable Foreign
Borrower Secured Obligations and shall be applied in accordance with the provisions of Section 5.6. After all Events of Default have been cured or waived and Agent shall have received a certificate from a Senior Officer of Asian Loan Party
Agent, European Loan Party Agent (as applicable) or North American Loan Party Agent (in the case of Canada) to that effect, Agent or the applicable Security Trustee shall promptly remit to the Applicable Foreign Borrower (without interest) all
dividends, interest, principal or other distributions that the Applicable Foreign Borrower would otherwise be permitted to retain pursuant to the terms of paragraph (a)(iii) of this Section and that remain in such account. 

  
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 (c) Upon the occurrence and during the continuance of an Event of Default, after Agent or a
Security Trustee shall have notified the Applicable Foreign Borrower of the suspension of its rights under paragraph (a)(i) of this Section, all rights of the Applicable Foreign Borrower to exercise the voting and other consensual rights and powers
it is entitled to exercise pursuant to paragraph (a)(i) of this Section, and the obligations of Agent and the Security Trustees under paragraph (a)(ii) of this Section, shall cease, and all such rights shall thereupon become vested in Agent and the
Security Trustees, which shall have the sole and exclusive right and authority to exercise such voting and other consensual rights and powers; provided that, unless otherwise directed by the Required Lenders, Agent and the Security Trustees
shall have the right from time to time, in its sole discretion, notwithstanding the continuance of an Event of Default, to permit the Applicable Foreign Borrower to exercise such rights and powers. 

7.4 Other Collateral. 
 7.4.1 Commercial Tort Claims. North American Loan Party Agent shall, within 10 days of a Senior Officer becoming aware thereof, notify Agent in writing if any U.S. Facility Loan Party has a
Commercial Tort Claim (other than, as long as no Default or Event of Default exists, Commercial Tort Claims reasonably expected to result in awarded damages (net of anticipated legal expenses relating thereto) of less than $2,000,000 in aggregate)
and, upon Agent’s request, shall promptly take such actions as Agent deems appropriate to confer upon Agent (for the benefit of Secured Parties) a duly perfected, first priority Lien upon such claim. 

7.4.2 Certain After-Acquired Collateral. If any assets are acquired by any Loan Party after the Closing Date (other than
assets constituting Collateral under the Security Documents that become subject to the perfected or valid Lien of the Security Documents upon acquisition thereof) that are of the nature secured by the Security Documents, the applicable Loan Party
Agent will notify the Agent, and, if requested by the Agent, such Loan Party will cause such assets to be subjected to a Lien securing the applicable Secured Obligations and will take, and cause the other Loan Parties to take, such actions as shall
be necessary or reasonably requested by the Agent to grant and perfect such Liens consistent with the applicable requirements of the Security Documents, including actions described in Section 7.7, all at the expense of the Loan Parties. Without
limiting the foregoing, a Loan Party Agent shall notify Agent in writing within 30 days if, after the Closing Date, any Loan Party obtains any interest in any Property consisting of (a) Deposit Accounts other than Excluded Deposit Accounts,
(b) Chattel Paper, (c) negotiable Documents, (d) promissory notes and other Instruments (other than checks) or (d) Investment Property consisting of any Securities Account and, upon Agent’s reasonable request, shall promptly
take such actions as Agent or its Security Trustee reasonably deems appropriate to effect a duly perfected, first priority Lien upon such Collateral (so long as it does not constitute Notes Priority Lien Collateral), including obtaining any
appropriate possession, control agreement or lien waiver (it being understood that there shall be no requirement to obtain lien waivers not obtainable with commercially reasonable efforts), as appropriate and/or executing such additional Security
Documents as may be reasonably requested by Agent or a Security Trustee. If any Collateral is in the possession of a third party, at Agent’s request, the applicable Loan Party having rights in such Collateral shall use commercially reasonable
efforts to obtain a Collateral Access Agreement in favor of the Agent and the applicable Security Trustee in each case to the extent the Cost of Inventory held by such third person exceeds the lesser of (i) $2,000,000 and (ii) five percent
(5%) of the Borrower Group Commitments of the applicable Borrower Group. 

  
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 7.5 Limitation on Permitted Discretion. 

(a) The Agent shall have the right to establish, modify or eliminate Reserves against Eligible Accounts and Eligible Inventory from time
to time in its Permitted Discretion. In addition, the Agent reserves the right, at any time and from time to time after the Closing Date, to adjust any of the applicable criteria, to establish new criteria and to adjust advance rates with respect to
Eligible Accounts and Eligible Inventory, in its Permitted Discretion, subject to Section 14.1.1. 
 (b) Notwithstanding
the foregoing or any provision in this Agreement to the contrary, circumstances, conditions, events or contingencies arising prior to the Closing Date and disclosed to the Agent prior to the Closing Date shall not be the basis for any establishment
or modification of Reserves, eligibility criteria or advance rates unless (i) in the case of Reserves and eligibility criteria, such Reserves or eligibility criteria were established on the Closing Date or (ii) such circumstances,
conditions, events or contingencies shall have changed in any material respect since the Closing Date. 
 (c) Any exercise of
Permitted Discretion with respect to Reserves shall be based on a good faith reasonable determination of the Agent that (i) the circumstances, conditions, events or contingencies giving rise thereto will or reasonably could be expected to
adversely affect a material portion of the value of the Eligible Accounts or Eligible Inventory in any Borrowing Base, the enforceability or priority of the Agent’s or a Security Trustee’s Liens thereon or the amount the Secured Parties
would likely receive in the liquidation of any material portion of Eligible Accounts or Eligible Inventory in any Borrowing Base and (ii) the proposed action to be taken by the Agent to mitigate the effects described in clause
(i) (including the amount of any Reserves) bears a reasonable relationship to the circumstance, condition, event or other contingency that is the basis therefor. 
 (d) Upon delivery of notice to a Loan Party Agent by the Agent of its intent to establish or increase Reserves, the Agent shall be available to discuss the proposed Reserves or increase, and Borrowers may
take such action as may be required so that the circumstance, condition, event or other contingency that is the basis for such Reserves or increase no longer exists, in a manner and to the extent reasonably satisfactory to the Agent in the exercise
of its Permitted Discretion. In no event shall such notice and opportunity limit the right of the Agent to establish or change such Reserves, unless the Agent shall have determined in its Permitted Discretion that the circumstance, condition, event
or other contingency that is the basis for such new Reserves or such change no longer exists or has otherwise been adequately addressed by Borrowers. 
 7.6 No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent, any Security Trustee or any Lender to, or in any way modify,
any obligation or liability of Loan Parties relating to any Collateral. 

  
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 7.7 Further Assurances. Each Borrower will, and will cause each other Loan
Party to promptly execute any and all further documents, financing statements, agreements, title certificates, assignments and instruments, and take all such further actions (including the filing and recording of financing statements and other
documents), which may be required under any Applicable Law, or which the Agent, any Security Trustee or the Required Borrower Group Lenders may reasonably request, in order to grant, preserve, protect and perfect the validity and priority of the
Liens created or intended to be created by the Security Documents, or otherwise to give effect to the intent of this Agreement, all at the expense of the Loan Parties. 
 SECTION 8. COLLATERAL ADMINISTRATION 
 8.1 Administration of
Accounts. 
 8.1.1 Records and Schedules of Accounts. Each Loan Party shall keep accurate and complete
records of its Accounts, including all payments and collections thereon, and shall submit to Agent sales, collection, reconciliation and other reports in form reasonably satisfactory to Agent in accordance with Section 10.1.1(g). If the
collectability of Accounts of all Borrowers in an aggregate face amount exceeding $10,000,000 is impaired, then a Loan Party Agent shall notify Agent of such occurrence promptly (and in any event within one Business Day) after any Loan Party has
knowledge thereof. 
 8.1.2 Taxes. If an Account of any Loan Party includes a charge for any Taxes, Agent is
authorized, in its discretion, if the applicable Loan Party has not paid such Taxes when due, to pay the amount thereof to the proper Governmental Authority for the account of such Loan Party and to charge the Loan Parties therefor; provided,
however, that neither Agent nor any other Secured Party shall be liable for any Taxes that may be due from the Loan Parties or with respect to any Collateral. 
 8.1.3 Account Verification. During a Default, Event of Default or Cash Dominion Event, Agent shall have the right, in the name of Agent, any designee of Agent or any Loan Party, to verify
the validity, amount or any other matter relating to any Accounts of the Loan Parties by mail, telephone or otherwise. Loan Parties shall cooperate fully with Agent in an effort to facilitate and promptly conclude any such verification process.

 8.1.4 Maintenance of Dominion Accounts. Borrowers shall maintain Dominion Accounts pursuant to lockbox or other
arrangements reasonably acceptable to Agent. Borrowers shall obtain a Deposit Account Control Agreement from each lockbox servicer and Dominion Account bank, establishing Agent’s (or a Security Trustee’s) control over and Lien in the
lockbox or Dominion Account, requiring immediate deposit of all remittances received in the lockbox to a Dominion Account and waiving offset rights of such servicer or bank, except for customary administrative charges. Subject to
Schedule 10.1.16, Dominion Accounts for Belgian Borrowers and Dutch Borrowers must be maintained exclusively at Bank of America. Subject to Schedule 10.1.16, Dominion Accounts for Australian Borrowers, New Zealand Borrowers,
Singapore Borrowers and UK Borrowers must be maintained exclusively at Bank of America and shall be under the sole dominion and exclusive control of Agent (or its Security Trustee) whether or not a Cash Dominion Event exists; provided, that
(a) collected funds will be disbursed from such Dominion Accounts in the discretion of Agent and (b) during any period 

  
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 that Dominion Accounts for such Foreign Borrowers are not maintained at Bank of America in accordance with
Schedule 10.1.16, such Dominion Accounts not maintained at Bank of America shall be fully blocked in favor of Agent (or its Security Trustee) and all cash receipts therein shall be transferred on a daily basis to Dominion Accounts
maintained at Bank of America. If a Dominion Account for Canadian Borrowers or U.S. Borrowers is not maintained with Bank of America, Agent (or its Security Trustee) may, during the existence of any Cash Dominion Event, require immediate transfer of
all cash receipts in such account to a Dominion Account maintained with Bank of America. Agent, Security Trustees and Lenders assume no responsibility to Borrowers for any lockbox arrangement or Dominion Account, including any claim of accord and
satisfaction or release with respect to any Payment Items accepted by any bank. 
 8.1.5 Proceeds of Collateral.
Borrowers shall request in writing and otherwise take all necessary steps to ensure that all payments on Accounts or otherwise relating to Collateral are made directly to a Dominion Account (or a lockbox relating to a Dominion Account). If any
Borrower or Subsidiary receives cash or Payment Items with respect to any Collateral, it shall hold same in trust for Agent and the Security Trustees and within one (1) Business Day deposit same into a Dominion Account. Foreign Borrowers may
not participate in any cash pooling arrangements. 
 8.2 Administration of Inventory. 

8.2.1 Records and Reports of Inventory. Each Loan Party shall keep accurate and complete records of its Inventory,
including costs and daily withdrawals and additions, and shall submit to Agent inventory and reconciliation reports (which reports shall set forth the Inventory information by location) in form reasonably satisfactory to Agent in accordance with
Section 10.1.1(g). 
 8.2.2 Returns of Inventory. No Loan Party shall return any Inventory to a supplier,
vendor or other Person, whether for cash, credit or otherwise, unless (a) such return is in the Ordinary Course of Business; (b) no Default, Event of Default or Overadvance exists or would result therefrom; (c) Agent is promptly
notified if the aggregate value of all Inventory returned in any month exceeds $35,000,000 in the aggregate for all Borrowers; and (d) any payment received by a Loan Party for a return is promptly remitted to Agent for application to the
Obligations in accordance with Section 5.5 or 5.6, as applicable. 
 8.2.3 Storage and Maintenance. Loan
Parties shall use, store and maintain all Inventory with reasonable care and caution, in accordance with applicable standards of any insurance and in conformity in all material respects with all Applicable Law, including the FLSA, if applicable, and
shall make current rent payments (within applicable grace periods provided for in leases) at all locations where any Collateral is located. 
 8.3 Administration of Deposit Accounts. Schedule 8.3 sets forth all Deposit Accounts maintained by Borrowers as of the date hereof, including all Dominion Accounts. Subject to
Schedule 10.1.16, each Borrower shall take all actions necessary to establish Agent’s (or its Security Trustee’s) control of each such Deposit Account through a Deposit Account Control Agreement (other than Excluded Deposit
Accounts). A Borrower shall be the sole 

  
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 account holder of each Deposit Account and shall not allow any other Person (other than Agent or a Security
Trustee) to have control over a Deposit Account or any Property deposited therein. Notwithstanding the preceding sentence, a U.S. Facility Loan Party may establish a deposit account that does not contain proceeds of Loans, Inventory, Accounts or
Specified Revolving Credit Collateral, which deposit account shall be (a) identified as such in writing to the Agent and (b) solely for the deposit of proceeds from the sale of Notes Priority Lien Collateral pending final application
thereof to the Senior Secured Notes (such account, the “Net Available Cash Account”). A Loan Party Agent shall promptly notify Agent of any opening or closing of a Deposit Account and will amend Schedule 8.3 to reflect
same. 
 8.4 General Provisions. 
 8.4.1 Location of Collateral. (a) All tangible items of Collateral, other than Inventory in transit, shall at all times be kept by Loan Parties at the Borrowers’ business locations set
forth in Schedule 8.4.1, except that Loan Parties may (i) make sales or other dispositions of Collateral in accordance with Section 10.2.4; (ii) in the case of any U.S. Facility Loan Party, move Collateral to another
location in the United States; (iii) in the case of any UK Domiciled Loan Party, move Collateral to another location in the United Kingdom; (iv) in the case of a Canadian Domiciled Loan Party, move Collateral to another location in Canada
set forth on Schedule 8.4.1 or, (1) upon 15 Business Days prior written notice to Agent, and (2) so long as all actions shall have been taken prior to such move to ensure that the Agent has a perfected first priority security
interest in and Lien on such Collateral, any other location in Canada; (v) in the case of any Australian Domiciled Loan Party, move Collateral to another location in Australia; (vi) in the case of any Belgian Domiciled Loan Party, move
Collateral to another location in Belgium; (vii) in the case of any Dutch Domiciled Loan Party, move Collateral to another location in the Netherlands; (viii) in the case of any New Zealand Domiciled Loan Party, move Collateral to another
location in New Zealand; and (ix) in the case of any Singapore Domiciled Loan Party, move Collateral to another location in Singapore. 
 (b) Each Borrower shall maintain insurance with respect to the Collateral, covering casualty, hazard, theft, malicious mischief, flood and other risks, in amounts, with endorsements and with insurers
(having a Best’s Financial Strength Rating of at least VII, unless otherwise approved by Agent) as are reasonably satisfactory to Agent. From time to time upon request, Borrowers shall deliver to Agent the originals or certified copies of their
insurance policies. Unless Agent shall agree otherwise (giving due consideration to what is commercially available in the insurance market for the applicable jurisdiction), each policy shall include satisfactory endorsements (i) showing Agent
(or its Security Trustee) as loss payee, as appropriate; (ii) requiring at least 10 days’ prior written notice to Agent (or such shorter period as agreed to by Agent) in the event of cancellation of the policy for any reason whatsoever;
and (iii) specifying that the interest of Agent shall not be impaired or invalidated by any act or neglect of any Borrower or the owner of the Property, nor by the occupation of the premises for purposes more hazardous than are permitted by the
policy. If any Borrower fails to provide and pay for any insurance, Agent may, at its option, but shall not be required to, procure the insurance and charge such Borrower therefor. Each Borrower agrees to deliver to Agent, promptly upon the request
of Agent, copies of all reports made to insurance companies. While no Event of Default exists, Borrowers may settle, adjust or compromise any insurance claim, as long as the proceeds are delivered to Agent. If an Event of Default has occurred and is
continuing, only Agent shall be authorized to settle, adjust and compromise such claims. 

  
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 8.4.2 Protection of Collateral. All expenses of protecting, storing,
warehousing, insuring, handling, maintaining and shipping any Collateral of a Loan Party Group, all Taxes payable with respect to any Collateral of a Loan Party Group (including any sale thereof), and all other payments required to be made by Agent
or a Security Trustee to any Person to realize upon any Collateral of a Loan Party Group, shall be borne and paid by Loan Parties of such Loan Party Group. Neither Agent nor any Security Trustee shall be liable or responsible in any way for the
safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Agent’s or such Security Trustee’s actual possession), for any diminution in the value thereof, or for any act
or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at Loan Parties’ sole risk. 
 8.4.3 Defense of Title to Collateral. Each Loan Party shall at all times (a) defend its title to Collateral and Agent’s or Security Trustees’ Liens therein against all
Persons, claims and demands whatsoever, except Permitted Liens. 
 8.5 Power of Attorney. Each of the Canadian
Domiciled Loan Parties and U.S. Domiciled Loan Parties hereby irrevocably constitutes and appoints Agent (and all Persons designated by Agent) as such Loan Party’s true and lawful attorney (and agent-in-fact), coupled with an interest, for the
purposes provided in this Section. Agent, or Agent’s designee, may, without notice and in either its or a Loan Party’s name, but at the cost and expense of such Loan Parties within such Loan Party’s Loan Party Group: 

(a) Endorse a Canadian Domiciled Loan Party’s or a U.S. Domiciled Loan Party’s name on any Payment Item or other proceeds of
Collateral (including proceeds of insurance) that come into Agent’s possession or control; and 
 (b) During the
continuance of an Event of Default, (i) notify any Account Debtors of a Canadian Domiciled Loan Party or a U.S. Domiciled Loan Party of the assignment of their Accounts, demand and enforce payment of such Accounts by legal proceedings or
otherwise, and generally exercise any rights and remedies with respect to such Accounts; (ii) settle, adjust, modify, compromise, discharge or release any Accounts or other Collateral of the Canadian Domiciled Loan Parties or the U.S. Domiciled
Loan Parties, or any legal proceedings brought to collect Accounts or Collateral of the Canadian Domiciled Loan Parties or the U.S. Domiciled Loan Parties; (iii) sell or assign any Accounts and other Collateral of the Canadian Domiciled Loan
Parties or the U.S. Domiciled Loan Parties upon such terms, for such amounts and at such times as Agent deems advisable; (iv) collect, liquidate and receive balances in Deposit Accounts or Securities Accounts of the Canadian Domiciled Loan
Parties or the U.S. Domiciled Loan Parties, and take control, in any manner, of proceeds of Collateral of the Canadian Domiciled Loan Parties or the U.S. Domiciled Loan Parties; (v) prepare, file and sign a Canadian Domiciled Loan Party’s
or a U.S. Domiciled Loan Party’s name to a proof of claim or other document in a bankruptcy of an Account Debtor, or to any notice, assignment or satisfaction of Lien or similar document; (vi) receive, open and dispose of mail addressed to
a Canadian Domiciled Loan Party or a U.S. Domiciled Loan Party, and notify postal authorities to 

  
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 deliver any such mail to an address designated by Agent; (vii) endorse any Chattel Paper, Document,
Instrument, bill of lading, or other document or agreement relating to any Accounts, Inventory or other Collateral of the Canadian Domiciled Loan Parties or the U.S. Domiciled Loan Parties; (viii) use a Canadian Domiciled Loan Party’s or a
U.S. Domiciled Loan Party’s stationery and sign its name to verifications of Accounts and notices to Account Debtors of the Canadian Domiciled Loan Parties or the U.S. Domiciled Loan Parties; (ix) use information contained in any data
processing, electronic or information systems relating to Collateral of the Canadian Domiciled Loan Parties or the U.S. Domiciled Loan Parties; (x) make and adjust claims under insurance policies of the Canadian Domiciled Loan Parties or the
U.S. Domiciled Loan Parties; (xi) take any action as may be necessary or appropriate to obtain payment under any letter of credit, banker’s acceptance or other instrument for which a Canadian Domiciled Loan Party or a U.S. Domiciled Loan
Party is a beneficiary; and (xii) take all other actions as Agent reasonably deems appropriate to fulfill any Canadian Domiciled Loan Party’s or U.S. Domiciled Loan Party’s obligations under the Loan Documents. 

SECTION 9. REPRESENTATIONS AND WARRANTIES 
 9.1 General Representations and Warranties. In order to induce the Lenders to enter into this Agreement, to make the Loans and issue or participate in Letters of Credit as provided for
herein, each Borrower (with respect to itself and its Subsidiaries) makes the following representations and warranties to, and agreements with, the Lenders, all of which shall survive the execution and delivery of this Agreement and the making of
the Loans and the issuance of the Letters of Credit: 
 9.1.1 Corporate Status. Each Borrower and each Material
Subsidiary (a) is a duly organized or incorporated and validly existing corporation or other entity in good standing under the laws of the jurisdiction of its organization or incorporation (to the extent such jurisdiction provides for the
designation of entities organized or incorporated thereunder as existing in good standing) and has the corporate or other organizational power and authority to own its property and assets and to transact the business in which it is engaged and
(b) has duly qualified and is authorized to do business and in good standing in all jurisdictions where it is required to be so qualified, except where the failure to be so qualified could not reasonably be expected to result in a Material
Adverse Effect. 
 9.1.2 Corporate Power and Authority. Each Loan Party has the corporate or other organizational
power and authority to execute, deliver and carry out the terms and provisions of the Loan Documents to which it is a party and has taken all necessary corporate or other organizational action to authorize the execution, delivery and performance of
the Loan Documents to which it is a party. Each Loan Party has duly executed and delivered and has stamped or will stamp within the appropriate time frame (where applicable) each Loan Document to which it is a party and each such Loan Document
constitutes the legal, valid and binding obligation of such Loan Party enforceable in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors’ rights generally
and subject to general principles of equity. Each Loan Party is in compliance with all laws, orders, writs and injunctions except to the extent that failure to do so could not reasonably be expected to have a Material Adverse Effect. 

  
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 9.1.3 No Violation. Neither the execution, delivery or performance by any Loan
Party of the Loan Documents to which it is a party nor compliance with the terms and provisions thereof nor the consummation of the transactions contemplated hereby or thereby will (a) contravene any material provision of any Applicable Law
applicable to such Loan Party (including without limitation in respect of the Australian Borrowers, section 260B of the Corporations Act (Cth) (2001)), (b) result in any breach of any of the terms, covenants, conditions or provisions of, or
constitute a default under, or result in the creation or imposition of (or the obligation to create or impose) any Lien upon any of the property or assets of such Loan Party or any of the Restricted Subsidiaries (other than Liens created under the
Loan Documents) pursuant to, the terms of any material indenture, loan agreement, lease agreement, mortgage, deed of trust, agreement or other material instrument to which such Loan Party or any of the Restricted Subsidiaries is a party or by which
it or any of its property or assets is bound or (c) violate any provision of the Organic Documents of such Loan Party or any of the Restricted Subsidiaries. 
 9.1.4 Litigation. There are no actions, suits, arbitrations or proceedings (including Environmental Claims) pending or, to the knowledge of such Borrower, threatened with respect to such
Borrower or any of its Subsidiaries that could reasonably be expected to result in a Material Adverse Effect or a Material Adverse Change. 
 9.1.5 Margin Regulations. Neither such Borrower nor any of its Subsidiaries is engaged principally, as one or more of its important activities, in the business of extending credit for the
purpose of purchasing any “margin stock” as defined in Regulation U. Neither the making of any Loan hereunder nor the use of the proceeds thereof will violate the provisions of Regulation T, U or X of the Board of Governors. 

9.1.6 Governmental Approvals. The execution, delivery and performance of each Loan Document does not require any consent or
approval of, registration or filing with, or any other action by, any Governmental Authority, except for (a) such as have been obtained or made and are in full force and effect, (b) filings and recordings in respect of the Liens created
pursuant to the Loan Documents and (c) such licenses, approvals, authorizations or consents the failure to obtain or make could not reasonably be expected to have a Material Adverse Effect. 

9.1.7 Investment Company Act. No Loan Party (i) is an “investment company”, or a company
“controlled” by an “investment company”, within the meaning of the Investment Company Act of 1940, as amended, and (ii) has a license pursuant to the Dutch Financial Supervision Act. 

9.1.8 True and Complete Disclosure. 
 (a) None of the factual information and data (taken as a whole) heretofore or contemporaneously furnished by or on behalf of such Borrower, any of such Borrower’s Subsidiaries or any of their
respective authorized representatives in writing to the Agent and/or any Lender on or before the Closing Date (including (i) the Confidential Information Memorandum and (ii) all information contained in the Loan Documents) for purposes of
or in connection with this Agreement or any transaction contemplated herein contained any untrue statement of or omitted to state any material fact necessary to make such information and data 

  
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 (taken as a whole) not misleading at such time in light of the circumstances under which such information or
data was furnished, it being understood and agreed that for purposes of this Section 9.1.8(a), such factual information and data shall not include projections and pro forma financial information. 

(b) The projections and pro forma financial information contained in the information and data referred to in paragraph (a) above
were based on good faith estimates and assumptions believed by such Persons to be reasonable at the time made, it being recognized by the Lenders that such projections as to future events are not to be viewed as facts and that actual results during
the period or periods covered by any such projections may materially differ from the projected results. 
 9.1.9 Financial
Condition; Financial Statements. The (a) unaudited historical consolidated financial information of the Parent as set forth in the Confidential Information Memorandum, (b) Historical Financial Statements and (c) the
consolidated financial statements delivered pursuant to Section 10.1.1, in each case present or will, when provided, present fairly in all material respects the consolidated financial position of the Parent and its Subsidiaries at the
respective dates of said information, statements and the consolidated results of operations for the respective periods covered thereby. The financial statements referred to in clauses (b) and (c) of this Section 9.1.9 have been
prepared in accordance with GAAP, consistently applied (except to the extent provided in the notes to said financial statements), and the audit reports accompanying such financial statements delivered pursuant to Section 10.1.1(a) are not
subject to any qualification as to the scope of the audit or the status of the Parent as a going concern. There has been no Material Adverse Change since December 31, 2011. 

9.1.10 Tax Returns; Payments; Australian GST Group; UK Charges. 

(a) Such Borrower and each of its Subsidiaries have filed all federal and provincial income tax returns and all other material tax
returns, domestic and foreign, required to be filed by any of them and have paid all income and other material Taxes payable by them that have become due, other than those (i) not yet delinquent or (ii) contested in good faith as to which
adequate reserves have been provided in accordance with GAAP and which could not reasonably be expected to result in a Material Adverse Effect. Such Borrower and each of its Subsidiaries have paid, or have provided adequate reserves (in the good
faith judgment of the management of such Borrower) in accordance with GAAP for the payment of, all material federal, state, provincial and foreign income taxes applicable for all prior fiscal years and for the current fiscal year to the Closing
Date. 
 (b) As of the Closing Date, each Australian Facility Loan Party is not, nor has it ever been, a member of a GST
Group. 
 (c) Under the law of each Loan Party’s jurisdiction of incorporation it is not necessary that any UK Security
Agreement be filed, recorded on enrolled with any court or other authority in that jurisdiction or that any stamp, registration or similar tax be paid on or in relation to any UK Security Agreement or the transactions contemplated by any UK Security
Agreement, except (A) registration of particulars of each UK Security Agreement at the Companies Registration Office in England and Wales in accordance with Part 25 (Company Charges) of the 

  
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 Companies Act 2006 or any regulations relating to the registration of charges made under, or applying the
provisions of, the Companies Act 2006 (B) filing, registration or recordation on a voluntary basis or as required in order to perfect the security interest created by any UK Security Agreement in any relevant jurisdiction and (C) in each
case, payment of associated fees, stamp taxes or mortgage duties. 
 9.1.11 Employee Benefit Plans. 

(a) Compliance with ERISA. Each U.S. Employee Plan is in compliance with ERISA, the Code and any Applicable Law; no Reportable
Event has occurred (or is reasonably likely to occur) with respect to any U.S. Employee Plan; no U.S. Employee Plan is insolvent or in reorganization (or is reasonably likely to be insolvent or in reorganization), and no written notice of any such
insolvency or reorganization has been given to such Borrower, any Subsidiary or any ERISA Affiliate; no U.S. Employee Plan (other than a multiemployer plan) has an accumulated or waived funding deficiency (or is reasonably likely to have such a
deficiency); none of such Borrower, any Subsidiary or any ERISA Affiliate has incurred (or is reasonably likely expected to incur) any liability to or on account of a U.S. Employee Plan pursuant to Section 409, 502(i), 502(l), 515, 4062, 4063,
4064, 4069, 4201 or 4204 of ERISA or Section 4971 or 4975 of the Code or has been notified in writing that it will incur any liability under any of the foregoing Sections with respect to any U.S. Employee Plan; no proceedings have been
instituted (or are reasonably likely to be instituted) to terminate or to reorganize any U.S. Employee Plan or to appoint a trustee to administer any U.S. Employee Plan, and no written notice of any such proceedings has been given to such Borrower,
any Subsidiary or any ERISA Affiliate; and no lien imposed under the Code or ERISA on the assets of such Borrower or any Subsidiary or any ERISA Affiliate exists (or is reasonably likely to exist) nor has such Borrower, any Subsidiary or any ERISA
Affiliate been notified in writing that such a lien will be imposed on the assets of such Borrower, any Subsidiary or any ERISA Affiliate on account of any U.S. Employee Plan, except to the extent that a breach of any of the representations,
warranties or agreements in this Section 9.1.11 would not result, individually or in the aggregate, in an amount of liability that would be reasonably likely to have a Material Adverse Effect. No U.S. Employee Plan (other than a Multiemployer
Plan) has an Unfunded Current Liability that would, individually or when taken together with any other liabilities referenced in this Section 9.1.11, be reasonably likely to have a Material Adverse Effect. With respect to U.S. Employee Plans
that are Multiemployer Plans, the representations and warranties in this Section 9.1.11(a), other than any made with respect to (i) liability under Section 4201 or 4204 of ERISA or (ii) liability for termination or reorganization
of such U.S. Employee Plans under ERISA, are made to the best knowledge of such Borrower. 
 (b) Canadian Employee Plans.

 (i) No Canadian Employee Plan enacted or adopted after the Closing Date provides for medical, life or other
welfare benefits (through insurance or otherwise), with respect to any current or former employee of any Canadian Domiciled Loan Party or any Affiliate thereof after retirement or other termination of service (other than coverage mandated by
Requirements of Law or coverage provided through the end of the month containing the date of termination from service or otherwise where part of a severance package or with 

  
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 respect to injured or disabled employees). Except as could not reasonably be expected to
give rise, individually or in the aggregate, to Material Adverse Effect (it being acknowledged that, for purposes of this Section 9.1.11(b), funding deficiencies, other benefit liabilities and events, conditions and circumstances that could
give rise to liabilities, as such deficiencies, liabilities and circumstances exist as of the Closing Date, to the extent that they remain applicable at the relevant determination date, and any future obligations arising therefrom shall be included
or considered in the determination of whether as of any date a Material Adverse Effect has occurred, exists or could reasonably be expected to occur): 
 (ii) Canadian Domiciled Loan Parties are in compliance in all material respects with the requirements of the PBA and any binding FSCO requirements of general application with respect to each Canadian
Pension Plan and in compliance with any FSCO directive or order directed specifically at a Canadian Pension Plan. No Canadian Pension Plan has any Unfunded Current Liability. No fact or situation that may reasonably be expected to result in a
Material Adverse Effect exists in connection with any Canadian Pension Plan. No Canadian Domiciled Loan Party or Subsidiary contributes to or participates in a Canadian Multi-Employer Plan. No Canadian Domiciled Loan Party or an Affiliate thereof
maintains, contributes or has any liability with respect to a Canadian Pension Plan which provides benefits on a defined benefit basis. No Termination Event has occurred. All contributions required to be made by any Canadian Domiciled Loan Party or
Subsidiary to any Canadian Pension Plan have been made in a timely fashion in accordance with the terms of such Canadian Pension Plan and the PBA. No Lien has arisen, choate or inchoate, in respect of any Canadian Domiciled Loan Party or their
property in connection with any Canadian Pension Plan (save for contribution amounts not yet due). 
 (c) Foreign Plans.
All Foreign Plans are in compliance with, and have been established, administered and operated in accordance with, the terms of such Foreign Plans and applicable law, except for any failure to so comply, establish, administer or operate the Foreign
Plans as would not reasonably be expected to have a Material Adverse Effect. All contributions or other payments which are due with respect to each Foreign Plan have been made in full and there are no funding deficiencies thereunder, except to the
extent any such events would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

(d) UK DB Pension Plan. 
 (i) No UK Domiciled Loan Party (A) is an employer (as defined for the purposes of sections 38 to 51 of the Pensions Act 2004) in respect of any UK DB Pension Plan or (B) is or has at any time
been “connected” with or an “associate” (as those terms are used in sections 38 and 43 of the Pensions Act 2004) of such an employer, except to the extent any such events would not, individually or in the aggregate, reasonably be
expected to have a Material Adverse Effect. 
 (ii) No UK Domiciled Loan Party has been issued with a Financial
Support Direction or Contribution Notice in respect of any UK DB Pension Plan which Financial Support Direction or Contribution Notice will or would be reasonably likely to have a Material Adverse Effect. 

  
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 9.1.12 Subsidiaries. Schedule 9.1.12 lists each Subsidiary of such
Borrower (and the direct and indirect ownership interest of such Borrower therein), in each case existing on the Closing Date. To the knowledge of such Borrower, after due inquiry, each Material Subsidiary as of the Closing Date has been so
designated on Schedule 9.1.12. 
 9.1.13 Intellectual Property. Such Borrower and each of the
Restricted Subsidiaries have obtained all rights to intellectual property, free from burdensome restrictions, that are necessary for the operation of their respective businesses as currently conducted and as proposed to be conducted, except where
the failure to obtain any such rights could not reasonably be expected to have a Material Adverse Effect. 
 9.1.14
Environmental Laws. 
 (a) Except as could not reasonably be expected to have a Material Adverse Effect:
(i) such Borrower and each of the Subsidiaries and all Real Estate are, and have been, in compliance with, and possess all permits, licenses and registrations required pursuant to, all Environmental Laws; (ii) neither such Borrower, nor
any of the Subsidiaries is subject to any Environmental Claim or any other liability under any Environmental Law; (iii) such Borrower and its Subsidiaries are not conducting, or required to conduct, any investigation, removal, remedial or other
corrective action pursuant to any Environmental Law at any location, including any Real Estate currently owned or leased by such Borrower or any of its Subsidiaries, and any real property to which such Borrower or any of its Subsidiaries may have
sent Hazardous Materials; and (iv) no underground storage tank or related piping, or any impoundment or other disposal area containing Hazardous Materials is located at, on or under any Real Estate currently owned or leased by such Borrower or
any of its Subsidiaries. 
 (b) Neither such Borrower, nor any of the Subsidiaries has treated, stored, transported, released or
disposed or arranged for disposal or transport for disposal of Hazardous Materials at, on, under or from any currently or formerly owned or leased Real Estate or facility in a manner that could reasonably be expected to have a Material Adverse
Effect. 
 9.1.15 Properties. Such Borrower and each of the Subsidiaries have good and marketable title to or
leasehold interest in all properties that are necessary for the operation of their respective businesses as currently conducted and as proposed to be conducted, free and clear of all Liens (other than any Liens permitted by this Agreement or the
Senior Secured Notes Indenture) and except where the failure to have such good title or such leasehold interest could not reasonably be expected to have a Material Adverse Effect. All Liens of Agent or a Security Trustee in the Collateral are duly
perfected, opposable and first priority Liens (or in the case of Foreign Borrowers valid and first priority Liens), subject only to Liens permitted pursuant to Section 10.2.2 that are expressly allowed to have priority over Agent’s or a
Security Trustee’s Liens. 

  
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 9.1.16 Solvency. On the Closing Date, immediately following the making of each
Loan and after giving effect to the application of the proceeds of such Loans, the Borrowers and the Guarantors, taken as a whole, are Solvent. 
 9.1.17 Accounts. Agent may rely, in determining which Accounts are Eligible Accounts, on all statements and representations made by Borrowers with respect thereto. Each Borrower warrants
with respect to each of its Accounts at the time it is shown as an Eligible Account in a Borrowing Base Certificate, that, to such Borrower’s knowledge, in all material respects: 

(a) it is genuine and what it purports to be, and is not evidenced by a judgment; 

(b) it arises out of a completed, bona fide sale and delivery of goods or rendition of services in the Ordinary Course of Business, and
substantially in accordance with any purchase order, contract or other document relating thereto; 
 (c) it is for a sum
certain, maturing as stated in the invoice covering such sale or rendition of services, a copy of which has been furnished or is available to Agent on request; 
 (d) it is not subject to any offset, Lien (other than those Liens permitted pursuant to Section 10.2.2), deduction, defense, dispute, counterclaim or other adverse condition except as arising in the
Ordinary Course of Business and disclosed to Agent; and it is absolutely owing by the Account Debtor, without contingency in any respect; 
 (e) no purchase order, agreement, document or Applicable Law restricts assignment of the Account to Agent (regardless of whether, under the UCC, the PPSA, the Civil Code or other Applicable Law, the
restriction is ineffective), and the applicable Borrower is the sole payee or remittance party shown on the invoice; 
 (f) no
extension, compromise, settlement, modification, credit, deduction or return has been authorized with respect to the Account, except discounts or allowances granted in the Ordinary Course of Business for prompt payment that are reflected on the face
of the invoice related thereto and in the reports submitted to Agent hereunder; and 
 (g) (i) there are no facts or
circumstances that are reasonably likely to impair the enforceability or collectability of such Account; (ii) the Account Debtor had the capacity to contract when the Account arose, continues to meet the applicable Borrower’s customary
credit standards, is Solvent, is not contemplating or subject to an Insolvency Proceeding, and has not failed, or suspended or ceased doing business; and (iii) there are no proceedings or actions threatened or pending against any Account Debtor
that could reasonably be expected to have a material adverse effect on the Account Debtor’s financial condition. 

9.1.18 Australian Facility Loan Parties. If it is an Australian Facility Loan Party, (a) the entering into and
performance by it of its obligations under the Loan Documents to which it is expressed to be a party are for its commercial benefit and are in its commercial interests; and (b) the entry into and performance by it of its obligations under the
Loan Documents to which it is a party do not contravene Part 2J.3 or Part 2E of the Corporations Act 2001 (Cth). 

  
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 9.1.19 Pari passu ranking. Each UK Borrower’s payment obligations under
the Loan Documents rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally. 

9.1.20 Ranking. Each UK Security Agreement has or will have the ranking in priority which it is expressed to have in the
relevant UK Security Agreement and, other than as permitted under or contemplated by the Loan Documents, it is not subject to any prior ranking or pari passu ranking Lien. 
 9.1.21 Belgian Financial Assistance. The Loans have not been and will not be used to finance or refinance the acquisition of or subscription for shares in any Belgian Domiciled Loan Party
(unless carried out in accordance with the Belgian Companies Code) and no security interests created under the Security Documents and Guarantees will be used in breach of article 329/629 of the Belgian Companies Code. 

9.1.22 OFAC. No Loan Party (a) is a Person whose Property or interest in Property is blocked or subject to blocking
pursuant to Section 1 of Executive Order 13224 of September 23, 2001 Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or Support Terrorism (66 Fed. Reg. 49079 (2001)), (b) engages in any
dealings or transactions prohibited by Section 2 of such executive order, or is otherwise associated with any such Person in any manner violative of Section 2, or (c) is a Person on the list of Specially Designated Nationals and
Blocked Persons or subject to the limitations or prohibitions under any other U.S. Department of Treasury’s Office of Foreign Assets Control regulation or executive order. 

9.1.23 Patriot Act. Each Loan Party is in compliance, in all material respects, with (a) the Trading with the Enemy
Act, as amended, and each of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended) and any other enabling legislation or executive order relating thereto, and (b) the Uniting
And Strengthening America By Providing Appropriate Tools Required To Intercept And Obstruct Terrorism (USA Patriot Act of 2001). No part of the proceeds of the Loans will be used, directly or indirectly, for any payments to any governmental official
or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of the United
States Foreign Corrupt Practices Act of 1977, as amended. 
 SECTION 10. COVENANTS AND CONTINUING AGREEMENTS 

10.1 Affirmative Covenants. The Borrowers, jointly and severally, hereby covenant and agree that on the Closing Date and
thereafter, until the Commitments, the Swingline Commitments and each Letter of Credit have terminated and the Loans, together with interest, Fees and all other Obligations (other than contingent indemnification obligations for which no claim has
been identified), are paid in full: 

  
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 10.1.1 Financial and Other Information. The Borrowers will furnish to the
Agent: 
 (a) as soon as available and in any event on or before the date on which such financial statements are required to be
filed with the SEC (or, if such financial statements are not required to be filed with the SEC, on or before the date that is 105 days after the end of each such fiscal year), (i) the consolidated balance sheet of MRC and its Subsidiaries (or,
so long as the Parent is a Passive Entity which owns MRC, the Parent and its Subsidiaries) as at the end of such fiscal year, and the related consolidated statement of operations and consolidated statement of cash flows for such fiscal year, setting
forth comparative consolidated figures for the preceding fiscal year, and certified by independent certified public accountants of recognized national standing whose opinion shall not be qualified as to the scope of audit or as to the status of MRC
or the Parent, as applicable, or any of the Material Subsidiaries (or group of Subsidiaries that together would constitute a Material Subsidiary) as a going concern, together in any event with a certificate of such accounting firm stating that in
the course of its regular audit of the business of MRC or the Parent, as applicable, and the Material Subsidiaries, which audit was conducted in accordance with generally accepted auditing standards, such accounting firm has obtained no knowledge of
any Default or Event of Default that has occurred and is continuing or, if in the opinion of such accounting firm such a Default or Event of Default has occurred and is continuing, a statement as to the nature thereof which shall be certified by a
Senior Officer of MRC or the Parent, as applicable, and (ii) the unaudited consolidating financial statements of MRC and its Subsidiaries (or, so long as the Parent is a Passive Entity which owns MRC, the Parent and its Subsidiaries) containing
a balance sheet as of the end of such fiscal year and a statement of operations for such fiscal year prepared in reasonable detail; 
 (b) as soon as available and in any event on or before the date on which such financial statements are required to be filed with the SEC with respect to each of the first three quarterly accounting
periods in each fiscal year of MRC (or, if such financial statements are not required to be filed with the SEC, on or before the date that is sixty (60) days after the end of each such quarterly accounting period), the consolidated balance
sheet of MRC and its Restricted Subsidiaries (or, so long as the Parent is a Passive Entity which owns MRC, Parent and the Restricted Subsidiaries), in each case as at the end of such quarterly period and the related consolidated statement of
operations for such quarterly accounting period and for the elapsed portion of the fiscal year ended with the last day of such quarterly period, and the related consolidated statement of cash flows for the elapsed portion of the fiscal year ended
with the last day of such quarterly period, and setting forth comparative consolidated figures for the related periods in the prior fiscal year or, in the case of such consolidated balance sheet, for the last day of the prior fiscal year, all of
which shall be certified by a Senior Officer of MRC or the Parent, as applicable, subject to changes resulting from audit and normal year-end audit adjustments; 
 (c) as soon as available and in any event on or before the date that is thirty (30) days after the end of each fiscal month of MRC, the consolidated balance sheet of MRC and its Restricted
Subsidiaries (or, so long as the Parent is a Passive Entity which owns MRC, the Parent and the Restricted Subsidiaries), in each case as at the end of such fiscal month and the related consolidated statement of operations for such fiscal month and
for the elapsed portion of the fiscal year ended with the last day of such fiscal month, and the related consolidated statement of cash flows for the elapsed portion of the fiscal year ended with the last day of such 

  
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 fiscal month, and setting forth comparative consolidated figures for the related periods in the prior fiscal
year or, in the case of such consolidated balance sheet, for the last day of the prior fiscal year, all of which shall be certified by a Senior Officer of MRC or the Parent, as applicable, subject to changes resulting from audit and normal year-end
audit adjustments; 
 (d) not more than sixty (60) days after the commencement of each fiscal year of MRC, a budget of MRC
and its Restricted Subsidiaries in reasonable detail for such fiscal year on a quarterly basis and as customarily prepared by management of MRC for their internal use consistent in scope with the financial statements provided pursuant to
Section 10.1.1(a), setting forth the material assumptions upon which such budgets are based; 
 (e) at the time of the
delivery of the financial statements provided for in Sections 10.1.1(a) and (b), a Compliance Certificate of a Senior Officer of MRC to the effect that no Default or Event of Default exists or, if any Default or Event of Default does exist,
specifying the nature and extent thereof, which certificate shall set forth (i) the Consolidated Fixed Charge Coverage Ratio (and accompanying calculations) as at the end of such fiscal year or period, as the case may be, (ii) a
specification of any change in the identity of the Restricted Subsidiaries and Unrestricted Subsidiaries as at the end of such fiscal year or period, as the case may be, from the Restricted Subsidiaries and Unrestricted Subsidiaries, respectively,
provided to the Lenders on the Closing Date or the most recent fiscal year or period, as the case may be, (iii) the then applicable level of the Applicable Margin and (iv) the amount of any Pro Forma Adjustment not previously set forth in
a Pro Forma Adjustment Certificate or any change in the amount of a Pro Forma Adjustment set forth in any Pro Forma Adjustment Certificate previously provided and, in either case, in reasonable detail, the calculations and basis therefor. At the
time of the delivery of the financial statements provided for in Section 10.1.1(a), a certificate of a Senior Officer of each Loan Party Agent setting forth certain information required pursuant to Sections 1 and 2 of the Perfection
Certificate or confirming that there has been no change in such information since the Closing Date or the date of the most recent certificate delivered pursuant to this subsection (e), as the case may be; 

(f) as soon as available but in any event within twenty-five (25) days of the end of each calendar month, a Borrowing Base
Certificate (which shall be calculated in a consistent manner with the most recently delivered Borrowing Base Certificate) covering each Borrower and supporting information in connection therewith, provided that (i) the Borrowers will be
required to furnish a Borrowing Base Certificate and supporting information in connection therewith within four (4) days of the end of each calendar week as of the end of such calendar week during which a FCCR Test Event is continuing,
(ii) the North American Loan Party Agent may deliver updates to the Foreign Allocated U.S. Availability component of any Foreign Borrower’s Borrowing Base (A) when no FCCR Test Event is continuing, once per calendar week and
(B) at such other times as Agent may agree in its discretion and (iii) the Borrowers may not reallocate the Foreign Allocated U.S. Availability component of any Foreign Borrower’s Borrowing Base if such reallocation would result in an
Overadvance for such Foreign Borrower; 
 (g) as soon as available but in any event within twenty-five (25) days of the end
of each calendar month (or, if requested by Agent, on a weekly basis if a FCCR Test Event has occurred and is continuing), in each case, as of the period then ended: 

  
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 (i) a schedule detailing the Borrowers’ Inventory, in form reasonably
satisfactory to Agent, (1) by Borrower and by location (showing Inventory located with a third party under any consignment, bailee arrangement, or warehouse agreement, in each case, to the extent the Cost of Inventory at such location exceeds
(A) $1,000,000 in the aggregate with respect to Canadian Borrowers and U.S. Borrowers and (B) $500,000 in the aggregate with respect to any other Borrower Group), (2) including a report of material variances or other results of
Inventory counts performed by the Borrowers since the last Inventory schedule and (3) reconciled to the Borrowing Base Certificate delivered as of such date. 

(ii) a worksheet of calculations prepared by the Borrowers to determine Eligible Accounts and Eligible Inventory, such
worksheets detailing the Accounts and Inventory excluded from Eligible Accounts and Eligible Inventory and the reason for such exclusion; 
 (iii) a schedule and aging of each Borrower’s and each Guarantor’s accounts payable presented at the vendor level; and 

(iv) a detailed aged trial balance of all Accounts of each Borrower as of the end of the preceding month (or shorter
applicable period), specifying each Account’s Account Debtor name and address (if requested), amount, invoice date and due date and, at the Agent’s reasonable request, showing any discount, allowance, credit, authorized return or dispute,
and including such proof of delivery, copies of invoices and invoice registers, copies of related documents, repayment histories, status reports and other information as Agent may reasonably request. 

(h) promptly after a Senior Officer of any Borrower or any Subsidiary obtains knowledge thereof, notice of (i) the occurrence of any
event that constitutes a Default or Event of Default, which notice shall specify the nature thereof, the period of existence thereof and what action the applicable Borrower proposes to take with respect thereto and (ii) any litigation or
governmental proceeding pending against any Borrower or any Subsidiary that could reasonably be expected to result in a Material Adverse Effect or a Material Adverse Change; 
 (i) any Borrower will promptly advise the Agent in writing after obtaining knowledge of any one or more of the following environmental matters, unless such environmental matters could not, individually or
when aggregated with all other such matters, be reasonably expected to result in a Material Adverse Effect: 

(i) Any pending or threatened Environmental Claim against any Loan Party or any current or former Real Estate; 

(ii) Any condition or occurrence on or otherwise related to any current or former Real Estate that (A) could
reasonably be expected to result in noncompliance by any Loan Party with any applicable Environmental Law or (B) could reasonably be anticipated to form the basis of an Environmental Claim against any Loan Party or any current or former Real
Estate; 

  
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 (iii) Any condition or occurrence on or otherwise related to any current or
former Real Estate that could reasonably be anticipated to cause such Real Estate to be subject to any restrictions on the ownership, occupancy, use or transferability of such Real Estate under any Environmental Law; and 

(iv) The conduct of, or need to conduct, any investigation, or any removal, remedial or other corrective action in
response to the actual or alleged presence, release or threatened release of any Hazardous Material on, at, under or from any current or former Real Estate or otherwise related to Environmental Law. 

All such notices shall describe in reasonable detail the nature of the claim, investigation, condition, occurrence or removal or remedial action and the
response thereto. The term “Real Estate” shall mean land, buildings and improvements owned or leased by any Loan Party, but excluding all operating fixtures and equipment, whether or not incorporated into improvements. 

(j) promptly upon filing thereof, copies of any filings (including on Form 10-K, 10-Q or 8-K) or registration statements with, and
reports to, the SEC or any analogous Governmental Authority in any relevant jurisdiction by the Parent or any Subsidiary (other than amendments to any registration statement (to the extent such registration statement, in the form it becomes
effective, is delivered to the Lenders and the Agent), exhibits to any registration statement and, if applicable, any registration statements on Form S-8) and copies of all financial statements, proxy statements, notices and reports that the Parent
or any Subsidiary shall send to the holders of any publicly issued debt of the Parent and/or any Subsidiary in their capacity as such holders (in each case to the extent not theretofore delivered to the Lenders and the Agent pursuant to this
Agreement) and, with reasonable promptness, such other information (financial or otherwise) as the Agent on its own behalf or on behalf of any Lender (acting through the Agent) may reasonably request in writing from time to time; 

(k) not later than any date on which financial statements are delivered with respect to any Test Period in which a Pro Forma Adjustment
is made as a result of the consummation of the acquisition of any Acquired Entity or Business by any Borrower or any Restricted Subsidiary for which there shall be a Pro Forma Adjustment, a Pro Forma Adjustment Certificate; 

(l) reasonably promptly but not later than sixty (60) days following the occurrence of any change referred to in subclauses
(i) through (iv) below, written notice of any change (i) in the legal name of any Loan Party, (ii) in the jurisdiction of organization or location of any Loan Party for purposes of the Uniform Commercial Code, PPSA Australia,
PPSA New Zealand or PPSA, (iii) in the identity or type of organization of any Loan Party or (iv) in the Federal Taxpayer Identification Number (or the equivalent identifier in any other jurisdiction including tax file numbers) or
organizational or corporate identification number (including any Australian business numbers) of any Loan Party, provided that, notwithstanding the foregoing, with respect to any Loan Party incorporated in New Zealand or any Loan Party who
has granted a security interest over any Property which is subject to the terms of the PPSA New Zealand, at least fourteen (14) days’ prior written notice of any change in the legal name of any such Loan Party must be provided. The
applicable Borrower or Borrowers shall also promptly provide the Agent with certified Organic Documents reflecting any of the changes described in the first sentence of this clause (l). 

  
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 (m) promptly after the sending or filing thereof, copies of any annual information report
(including all actuarial reports and other schedules and attachments thereto) required to be filed with a Governmental Authority in connection with each U.S. Employee Plan, any Foreign Plan that is required by Applicable Law to be funded or any
Canadian Pension Plan; promptly upon receipt, copies of any notice, demand, inquiry or subpoena received in connection with any U.S. Employee Plan or Canadian Pension Plan from a Governmental Authority (other than routine inquiries in the course of
application for a favorable IRS determination letter); and at Agent’s request, copies of any annual report required to be filed with a Governmental Authority in connection with any other U.S. Employee Plan or Canadian Pension Plan. 

(n) promptly following receipt, a copy of any notice from the Pensions Regulator in which it proposes to take action which may result in
the issuance of a Contribution Notice or Financial Support Direction in respect of any UK DB Pension Plan. 
 Notwithstanding
the foregoing, the obligations in paragraphs (a) and (b) of this Section 10.1.1 may be satisfied with respect to financial information of the Parent and the Subsidiaries by furnishing (A) the applicable financial statements of
any direct or indirect parent of the Parent or (B) the Parent’s (or any direct or indirect parent thereof’s), as applicable, Form 10-K or 10-Q, as applicable, filed with the SEC (provided that, to the extent such information
relates to a parent of the Parent, such information is accompanied by consolidating information that explains in reasonable detail the differences between the information relating to such parent, on the one hand, and the information relating to the
Parent and the Restricted Subsidiaries, taken together on a standalone basis, on the other hand); and any documentation required to be delivered pursuant to this Section 10.1.1 may be delivered electronically and if so delivered, shall be
deemed to be delivered on the date (i) on which the North American Loan Party Agent posts the materials containing such documents or information, or provides a link thereto, on the North American Loan Party Agent’s website on the Internet,
or (ii) on which such documents are posted on an Internet or intranet website, if any, to which each Lender and Agent have access (including www.sec.gov (or other website of the SEC), a commercial third-party website or a website
sponsored by Agent), provided that, in any case, the Loan Party Agent shall provide written notice to Agent of any documents being delivered in accordance with clauses (i) or (ii) above on the date such documents are posted, and
paper copies of such documents shall be delivered to Agent upon its written request. 
 10.1.2 Books, Records and
Inspections. The Borrowers will, and will cause each of their respective Subsidiaries to, permit officers and designated representatives of the Agent or the Required Lenders to visit and inspect any of their properties or assets in
whomsoever’s possession to the extent that it is within such party’s control to permit such inspection, and to examine their books and records and discuss their affairs, finances and accounts with, and be advised as to the same by, its and
their officers and independent accountants, all at such reasonable times and intervals and to such reasonable extent as the Agent or the Required Lenders may desire (upon reasonable advance notice to the applicable Loan Party Agent); provided
that, excluding any such visits and inspections during the continuation of an Event of Default, only the Agent (or any of its representatives or independent contractors) on 

  
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 behalf of the Required Lenders may exercise rights of the Agent and the Lenders under this
Section 10.1.2 and the Agent shall not exercise such rights more often than two times during any calendar year absent the existence of an Event of Default and only one such time shall be at the Borrowers’ expense unless Excess Availability
is less than the greater of 15% of the Commitments or $150,000,000, in which case the second time shall also be at the Borrowers’ expense; provided further that when an Event of Default exists, the Agent (or any of its representatives or
independent contractors) or any representative of the Required Lenders may do any of the foregoing at the expense of the Borrowers at any time during normal business hours and upon reasonable advance notice. The Agent and the Required Lenders shall
give any Borrower the opportunity to participate in any discussions with such Borrower’s independent public accountants. 

10.1.3 Collateral Access Agreements. Each Borrower and each Guarantor shall use commercially reasonable efforts to obtain a
Collateral Access Agreement with respect to Inventory which is located in any location leased by such Loan Party, located in any third-party warehouse or otherwise in the possession of a bailee or other third-party, in each case, to the extent the
Cost of Inventory at such location, or held by such bailee or third person exceeds the lesser of (i) $2,000,000 and (ii) five percent (5%) of the Borrower Group Commitments of the applicable Borrower Group. For purposes of determining
Australian Eligible Inventory, Belgian Eligible Inventory, Dutch Eligible Inventory and UK Eligible Inventory under the Borrowing Base, until the expiration of the Temporary Eligibility Period, the Borrowers shall be deemed to have obtained such
Collateral Access Agreements at all such locations. 
 10.1.4 Payment of Taxes; Australian Tax Consolidation.

 (a) Each Loan Party will pay and discharge, and will cause each Subsidiary to pay and discharge, all material taxes,
assessments and governmental charges or levies imposed upon it or upon its income or profits, or upon any properties belonging to it, prior to the date on which material penalties attach thereto, and all lawful material claims that, if unpaid, could
reasonably be expected to become a material Lien (other than a Permitted Lien) upon any properties of such Loan Party or any Restricted Subsidiary, provided that no Loan Party, nor any Subsidiary shall be required to pay any such tax,
assessment, charge, levy or claim that is being contested in good faith and by proper proceedings if it has maintained adequate reserves (in the good faith judgment of the management of such Loan Party) with respect thereto in accordance with GAAP
and the failure to pay could not reasonably be expected to result in a Material Adverse Effect. 
 (b) Each Australian Domiciled
Loan Party must ensure that (i) so long as it is a member of a consolidated group for tax purposes there is at all times a valid tax sharing agreement for that consolidated group in form and substance reasonably satisfactory to the Agent;
(ii) the tax sharing agreement is amended or replaced to the extent necessary to ensure that it remains a valid tax sharing agreement (having regard to changes in the composition or activities of the consolidated group); and (iii) it is
not at any time liable for group liability (as such term is defined in Section 721-10 of the Income Tax Assessment Act 1997 (Cth)) other than in respect of its own assets and activities (including as a result of tax consolidation or any tax
sharing agreement), in each case except to the extent such Loan Party is maintaining adequate reserves (in the good faith judgment of the management of such Loan Party) with respect thereto and the failure to so comply could not reasonably be
expected to result in a Material Adverse Effect. 

  
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 (c) Each Australian Facility Loan Party must ensure that it will not become a member of a
GST Group unless the GST Group of which the Australian Facility Loan Party becomes a member has at all times while the Australian Facility Loan Party is a member a valid ITSA for that GST Group in a form and substance reasonably satisfactory to
Agent, except to the extent that the failure to do so could not reasonably be expected to have a Material Adverse Effect. 

10.1.5 Maintenance of Insurance. The Borrowers will, and will cause each Material Subsidiary to, at all times maintain in
full force and effect, with insurance companies that each Borrower believes (in the good faith judgment of the management of such Borrower) are financially sound and responsible at the time the relevant coverage is placed or renewed, insurance in at
least such amounts (after giving effect to any self-insurance which such Borrower believes (in the good faith judgment of management of such Borrower) is reasonable and prudent in light of the size and nature of its business) and against at least
such risks (and with such risk retentions) as such Borrower believes (in the good faith judgment of management of such Borrower) is reasonable and prudent in light of the size and nature of its business; and will furnish to the Agent (for delivery
to the Lenders), upon written request from the Agent, information presented in reasonable detail as to the insurance so carried. 
 10.1.6 Consolidated Corporate Franchises. Each Borrower will do, and will cause each Material Subsidiary to do, or cause to be done, all things necessary to preserve and keep in full force
and effect its existence, corporate rights and authority, except to the extent that the failure to do so could not reasonably be expected to have a Material Adverse Effect; provided, however, that any Borrower and its Subsidiaries may
consummate any transaction permitted under Section 10.2.3, 10.2.4 or 10.2.5. 
 10.1.7 Compliance with Statutes,
Regulations, etc. Each Borrower will, and will cause each Subsidiary to, comply with all applicable laws, rules, regulations and orders applicable to it or its property, including all governmental approvals or authorizations required to
conduct its business, and to maintain all such governmental approvals or authorizations in full force and effect, in each case except where the failure to do so, individually or in the aggregate, could not reasonably be expected to have a Material
Adverse Effect. 
 10.1.8 ERISA. Promptly after any Borrower or any Subsidiary or any ERISA Affiliate knows or has
reason to know of the occurrence of any of the following events that, individually or in the aggregate (including in the aggregate such events previously disclosed or exempt from disclosure hereunder, to the extent the liability therefor remains
outstanding), would be reasonably likely to have a Material Adverse Effect, the North American Loan Party Agent will deliver to each Lender a certificate of a Senior Officer of the applicable Borrower setting forth details as to such occurrence and
the action, if any, that such Borrower, such Subsidiary or such ERISA Affiliate is required or proposes to take, together with any notices (required, proposed or otherwise) given to or filed with or by such Borrower, such Subsidiary, such ERISA
Affiliate, the PBGC, a U.S. Employee Plan participant (other than notices relating to an individual participant’s benefits) or the U.S. Employee Plan administrator with respect 

  
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 thereto: that a Reportable Event has occurred; that an accumulated funding deficiency has been incurred or
an application is to be made to the Secretary of the Treasury for a waiver or modification of the minimum funding standard (including any required installment payments) or an extension of any amortization period under Section 412 of the Code
with respect to a U.S. Employee Plan; that a U.S. Employee Plan having an Unfunded Current Liability has been or is to be terminated, reorganized, partitioned or declared insolvent under Title IV of ERISA (including the giving of written notice
thereof); that a U.S. Employee Plan has an Unfunded Current Liability that has or will result in a lien under ERISA or the Code; that proceedings will be or have been instituted to terminate a U.S. Employee Plan having an Unfunded Current Liability
(including the giving of written notice thereof); that a proceeding has been instituted against a Borrower, a Subsidiary or an ERISA Affiliate pursuant to Section 515 of ERISA to collect a delinquent contribution to a U.S. Employee Plan; that
the PBGC has notified any Borrower, any Subsidiary or any ERISA Affiliate of its intention to appoint a trustee to administer any U.S. Employee Plan; that any Borrower, any Subsidiary or any ERISA Affiliate has failed to make a required installment
or other payment pursuant to Section 412 of the Code with respect to a U.S. Employee Plan; or that any Borrower, any Subsidiary or any ERISA Affiliate has incurred or will incur (or has been notified in writing that it will incur) any liability
(including any contingent or secondary liability) to or on account of a Plan pursuant to Section 409, 502(i), 502(l), 515, 4062, 4063, 4064, 4069, 4201 or 4204 of ERISA or Section 4971 or 4975 of the Code. 

10.1.9 Canadian Pension Plans and UK DB Pension Plans. 

(a) Promptly after any Canadian Domiciled Loan Party or any Subsidiary or any Affiliate knows or has reason to know of the occurrence of
any of the following events, the applicable Canadian Domiciled Loan Party will deliver to the Agent a certificate of a Senior Officer of the applicable Canadian Domiciled Loan Party setting forth details as to such occurrence and the action, if any,
that such Canadian Domiciled Loan Party, such Subsidiary or such Affiliate is required or proposes to take, together with any notices (required, proposed or otherwise) given to or filed with or by such Canadian Domiciled Loan Party, such Subsidiary,
such Affiliate, the FSCO, a Canadian Employee Plan participant (other than notices relating to an individual participant’s benefits) or the Canadian Employee Plan administrator with respect thereto: any violation or asserted violation of any
Applicable Law (including PBA), for which there is a reasonable likelihood that there will be an adverse determination, and such adverse determination would have or could reasonably be expected to have a Material Adverse Effect; the occurrence of
any Termination Event. 
 (b) Each Canadian Domiciled Loan Party’s and its Subsidiaries’ Canadian Pension Plans shall
be duly registered and administered in all respects in material compliance with, as applicable, the PBA, the Income Tax Act (Canada) and all other Applicable Law (including regulations, orders and directives), and the terms of the Canadian Pension
Plans and any agreements relating thereto. Each Canadian Domiciled Loan Party shall ensure that it and its Subsidiaries: (i) has no Unfunded Current Liability in respect of any Canadian Pension Plan, including any Canadian Pension Plan to be
established and administered by it or them; (ii) pay all amounts required to be paid by it or them in respect of such Canadian Pension Plan when due; (iii) has no Lien on any of its or their property that arises or exists in respect of any
Canadian Pension Plan except as disclosed in Schedule 10.2.2; (iv) do not engage in a prohibited 

  
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 transaction or breach any applicable laws with respect to any Canadian Pension Plan that could reasonably be
expected to result in a Material Adverse Effect in respect of such Canadian Pension Plan; (v) do not permit to occur or continue any Termination Event; and (vi) not maintain, contribute or have any liability in respect of a Canadian
Pension Plan which provides benefits on a defined benefit basis during the term of this Agreement. 
 (c) Each UK Domiciled Loan
Party shall ensure that in respect of all UK DB Pension Plans operated by or maintained for the benefit of the UK Domiciled Loan Parties no action or omission is taken in relation to such a pension scheme which has or is reasonably likely to have a
Material Adverse Effect (including the termination or commencement of winding-up proceedings of any UK DB Pension Plan or any UK DB Pension Plan ceasing to employ any member of such a pension scheme). 

(d) Except as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, each Loan Party
shall ensure that no UK Domiciled Loan Party is or has been at any time an employer (for the purposes of sections 38 to 51 of the Pensions Act 2004) of an occupational pension scheme which is not a money purchase scheme (both terms as defined in the
Pension Schemes Act 1993) or “connected” with or an “associate” of (as those terms are defined in sections 38 or 43 of the Pensions Act 2004) such an employer without the Loan Party disclosing that the UK Domiciled Loan Party is
or was an employer or “connected” with or an “associate” of an employer (“employer”, “connected” and “associated” all as defined previously in this clause) to the Agent promptly upon the Loan Party
becoming aware of this and in advance of any acquisition unless the Loan Party having made reasonable due diligence inquiries in this regard does not become aware of this until after any acquisition. 

10.1.10 Maintenance of Properties. Each Borrower will, and will cause each Restricted Subsidiary to, keep and maintain all
property material to the conduct of its business in good working order and condition, ordinary wear and tear, casualty and condemnation excepted, except to the extent that the failure to do so could reasonably be expected to have a Material Adverse
Effect. 
 10.1.11 Transactions with Affiliates. Each Borrower will conduct, and cause each Restricted Subsidiary
to conduct, all transactions with any of its Affiliates (other than the Borrowers or the Restricted Subsidiaries) on terms that are substantially as favorable to such Borrower or such Restricted Subsidiary as it would obtain in a comparable
arm’s-length transaction with a Person that is not an Affiliate, provided that the foregoing restrictions shall not apply to (a) the payment of customary investment banking fees paid to the Sponsor for services rendered to the
Borrowers and the Subsidiaries in connection with divestitures, acquisitions, financings and other transactions, (b) transactions permitted by Section 10.2.6, (c) Transaction Expenses, (d) the issuance of Stock or Stock
Equivalents of any Borrower to the management of such Borrower (or any direct or indirect parent thereof) or any of its Subsidiaries pursuant to arrangements described in clause (f) of this Section 10.1.11, (e) loans and other
transactions by the Borrowers and the Restricted Subsidiaries to the extent permitted under Section 10.2, (f) employment and severance arrangements between the Borrowers and the Restricted Subsidiaries and their respective officers and
employees in the Ordinary Course of Business, (g) payments by any Borrower (and any direct or indirect parent thereof) and the Restricted Subsidiaries pursuant to the tax sharing agreements among such Borrower (and any such parent) 

  
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 and the Restricted Subsidiaries on customary terms to the extent attributable to the ownership or operation
of such Borrower and the Restricted Subsidiaries, (h) the payment of customary fees and reasonable out of pocket costs to, and indemnities provided on behalf of, directors, managers, consultants, officers and employees of the Borrowers and the
Restricted Subsidiaries in the Ordinary Course of Business to the extent attributable to the ownership or operation of the Borrowers and the Restricted Subsidiaries, (i) transactions pursuant to permitted agreements in existence on the Closing
Date and set forth on Schedule 10.1.11 or any amendment thereto to the extent such an amendment is not adverse, taken as a whole, to the Lenders in any material respect, and (j) customary payments by any Borrower and any Restricted
Subsidiary to the Sponsor made for any financial advisory, financing, underwriting or placement services or in respect of other investment banking activities (including in connection with acquisitions or divestitures), which payments are approved by
the majority of the members of the board of directors or a majority of the disinterested members of the board of directors of such Borrower (or any direct or indirect parent thereof), in good faith. 

10.1.12 End of Fiscal Years; Fiscal Quarters. Each Borrower will, for financial reporting purposes, cause (a) each of
Parent’s, its, and each of its Subsidiaries’, fiscal years to end on December 31 of each year and (b) each of Parent’s, its, and each of its Subsidiaries’, fiscal quarters to end on dates consistent with such fiscal
year-end and such Borrower’s past practice; provided, however, that such Borrower may, upon written notice to the Agent, change the financial reporting convention specified above to any other financial reporting convention
reasonably acceptable to the Agent, in which case such Borrower and the Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary in order to reflect such change in financial reporting.

 10.1.13 Additional Loan Parties. 
 (a) Any Subsidiary organized under the laws of Australia, Belgium, Canada, the Netherlands, New Zealand, Singapore or the United Kingdom may, at the election of the North American Loan Party Agent, become
a Foreign Borrower hereunder within the applicable Foreign Borrower Group for its jurisdiction of organization upon (i) the execution and delivery to Agent and/or Security Trustees (A) by such Subsidiary of a supplement or joinder to this
Agreement, substantially in the form of Exhibit I, (B) by such Subsidiary of Security Documents in form and substance reasonably satisfactory to Agent and the relevant Security Trustee as may be required for the relevant
jurisdiction (provided, that any such new Security Document shall be in substantially the same form as the comparable Security Documents to which the existing Loan Parties of the Loan Party Group of the New Loan Party (if any) are party and,
in any event, shall not be more onerous with respect to the obligations of such New Loan Party than those contained in the Security Documents to which the other members of such New Loan Party’s Loan Party Group (if any) are party), and
(C) by a Senior Officer of the applicable Loan Party Agent for such Subsidiary, of a (1) Borrowing Base Certificate for such Subsidiary effective as of not more than 25 days preceding the date on which such Subsidiary becomes a Foreign
Borrower and (2) written notice of such Subsidiary’s Applicable Foreign Borrower Commitment, and (ii) the completion of Agent’s due diligence to its reasonable satisfaction and of compliance procedures for applicable “know
your customer” and anti-money laundering rules; provided that, prior to permitting such Subsidiary to borrow any Revolver Loans or obtain the issuance of any Letters of Credit hereunder, the Agent, in its discretion, shall have the right
to conduct an appraisal and 

  
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 field examination with respect to such Subsidiary, including, without limitation, of (x) such
Subsidiary’s practices in the computation of its Borrowing Base and (y) the assets included in such Subsidiary’s Borrowing Base and related financial information such as, but not limited to, sales, gross margins, payables, accruals
and reserves, in each case, prepared on a basis reasonably satisfactory to Agent and at the sole expense of such Subsidiary. 

(b) Except as set forth in Section 10.2.1(b)(ix) and 10.2.1(b)(x) and subject to any applicable limitations set forth in the
Security Documents, each U.S. Borrower will cause each direct or indirect U.S. Subsidiary of MRC (other than any Excluded Subsidiary) formed or otherwise purchased or acquired after the date hereof (including pursuant to a Permitted Acquisition) or
that has ceased to be an Excluded Subsidiary pursuant to clause (e), (f) or (h) of the definition of Excluded Subsidiary, in each case within 30 days of such date, to execute a supplement or joinder to this Agreement, substantially in the
form of Exhibit I, in order for such Subsidiary to become a U.S. Borrower and/or a U.S. Facility Guarantor under Section 5.10 and a grantor under Section 7.1 or, to the extent reasonably requested by the Agent, enter into a new
Security Document in form and substance reasonably satisfactory to the Agent and North American Loan Party Agent. 
 10.1.14
Use of Proceeds. 
 (a) The Borrowers will use the proceeds of all Revolver Loans made on the Closing Date to
(a) refinance Indebtedness under the HSBC Credit Agreement and (b) pay Transaction Expenses. 
 (b) The Borrowers will
use Letters of Credit and the proceeds of all other Revolver Loans and Swingline Loans (a) to finance ongoing working capital needs, (b) for other general corporate purposes of any Borrower, including to fund permitted distributions and
Permitted Acquisitions and (c) to pay Transaction Expenses. 
 10.1.15 Appraisals; Field Examinations. At any
time that the Agent reasonably requests, each Borrower will, and will cause each Guarantor to, permit the Agent or professionals (including consultants, accountants, lawyers and appraisers) retained by the Agent, on reasonable prior notice and
during normal business hours and with reasonable frequency, to conduct appraisals and commercial finance examinations or updates thereof including, without limitation, of (a) such Borrower’s practices in the computation of the Borrowing
Base and (b) the assets included in the Borrowing Base and related financial information such as, but not limited to, sales, gross margins, payables, accruals and reserves, in each case, prepared on a basis reasonably satisfactory to the Agent
and at the sole expense of the Borrowers; provided, however, if no Default or Event of Default shall have occurred and be continuing, only one (1) such appraisal and one (1) such examination or update per fiscal year shall be
conducted at the Borrowers’ expense (exclusive of any appraisals and field examinations conducted pursuant to Section 10.1.13); provided, further, however, that if Excess Availability is less than 15% of the
Commitments or $150,000,000, one (1) additional appraisal and one (1) additional examination or update per fiscal year may be conducted at the Borrowers’ expense (exclusive of any appraisals and field examinations conducted pursuant
to Section 10.1.13). The foregoing shall not limit the Agent’s ability to perform additional appraisals, examinations and updates at the sole expense of the Borrowers upon the occurrence and continuance of a Default or Event of Default.

  
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 10.1.16 Post-Closing Matters. Each Borrower agrees that it will, or will cause
its relevant Subsidiaries to, complete each of the actions described on Schedule 10.1.16 as soon as commercially reasonable and by no later than the date set forth in Schedule 10.1.16 with respect to such action or such later
date as the Agent may reasonably agree. 
 10.1.17 Centre of Main Interests and Establishments. For the purposes
of The Council of the European Union regulation No. 1346/2000 on Insolvency proceedings (the “Regulation”), each of the Belgian Domiciled Loan Parties’, Dutch Domiciled Loan Parties’ and UK Domiciled Loan
Parties’ centre of main interest (as that term is used in Article 3(1) of the Regulation) is situated in its jurisdiction of incorporation and none of them have an “establishment” (as that term is used in Article 2(h) of the
Regulation) in any other jurisdiction. 
 10.2 Negative Covenants. The Borrowers (for themselves and each of their
respective Restricted Subsidiaries), jointly and severally, hereby covenant and agree that on the Closing Date and thereafter, until the Commitments, the Swingline Commitment and each Letter of Credit have terminated and the Loans, together with
interest, fees and all other Obligations (other than contingent indemnification obligations for which no claim has been identified), are paid in full: 
 10.2.1 Limitation on Indebtedness. 
 (a) The Borrowers will not, and
will not permit any of the Restricted Subsidiaries to, incur, create, assume or permit to exist, directly or indirectly (collectively, “incur” and collectively, an “incurrence”), any Indebtedness; provided,
however, that the Borrowers and the Restricted Subsidiaries will be entitled to incur Indebtedness if the Consolidated Total Debt to Consolidated EBITDA Ratio at the time such additional Indebtedness is incurred would have been no greater
than 5.50 to 1.0 determined on a Pro Forma Basis (including a pro forma application of the net proceeds therefrom), as if the additional Indebtedness had been incurred and the application of proceeds therefrom had occurred at the beginning of the
most recent Test Period for which financial statements have been delivered pursuant to clause (a) or (b) of Section 10.1.1; provided, that such additional Indebtedness shall not be secured Indebtedness unless (i) the
Secured Leverage Ratio at the time such additional Indebtedness is incurred would have been no greater than 5.0 to 1.0, determined on a Pro Forma Basis in the manner set forth above, (ii) such secured Indebtedness has a final maturity date no
earlier than the date that is 180 days following the Facility Termination Date and (iii) the Liens (A) of any U.S. Domiciled Loan Party securing such Indebtedness shall constitute Notes Priority Liens for purposes of the Intercreditor
Agreement and (B) of any Restricted Subsidiary other than a U.S. Domiciled Loan Party securing such Indebtedness shall not be extended to cover any property constituting Collateral. 

(b) The limitation set forth in clause (a) of this Section 10.2.1 will not prohibit any of the following: 

  
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 (i) (A) Indebtedness arising under the Loan Documents and
(B) Indebtedness arising under the Senior Secured Notes Indenture; provided, however, that with respect to any such Indebtedness specified in this subclause (i)(B) that is incurred after the Closing Date, such Indebtedness
satisfies the terms set forth in the proviso at the end of Section 10.2.1(a); 
 (ii) Indebtedness of
(A) any Loan Party owing to any Borrower or any Restricted Subsidiary, (B) any Subsidiary who is not a Loan Party owing to any other Subsidiary who is not a Loan Party (including Indebtedness incurred in connection with customary cash
pooling and cash management practices) and (C) subject to compliance with Section 10.2.5 at the time of the incurrence thereof, any Subsidiary who is not a Loan Party owing to any Loan Party; 

(iii) Indebtedness in respect of any bankers’ acceptance, bank guarantees, letter of credit, warehouse receipt or
similar facilities entered into in the Ordinary Course of Business (including in respect of workers compensation claims, health, disability or other employee benefits or property, casualty or liability insurance or self-insurance or other
Indebtedness with respect to reimbursement-type obligations regarding workers compensation claims); 
 (iv)
subject to compliance with Section 10.2.5 at the time of incurrence, Guarantee Obligations incurred by (A) Restricted Subsidiaries in respect of Indebtedness of any Borrower or other Restricted Subsidiaries that is permitted to be incurred
under this Agreement and (B) any Borrower in respect of Indebtedness of Restricted Subsidiaries that is permitted to be incurred under this Agreement, provided that, except as provided in clauses (ix) and (x) below, there shall
be no Guarantee (1) by a Restricted Subsidiary that is not a Guarantor of any Indebtedness of any Borrower and (2) in respect of any Permitted Additional Debt, unless such Guarantee is made by a Guarantor and, in the case of Permitted
Additional Debt that is subordinated, is subordinated; 
 (v) Guarantee Obligations (A) incurred in the
Ordinary Course of Business in respect of obligations of (or to) suppliers, customers, franchisees, lessors and licensees or (B) otherwise constituting Investments permitted by Section 10.2.5; 

(vi) (A) Indebtedness incurred within 270 days of the acquisition, construction or improvement of fixed or capital assets
to finance the acquisition, construction or improvement of such fixed or capital assets, (B) Indebtedness arising under Capital Leases entered into in connection with Permitted Sale Leasebacks and (C) Indebtedness arising under Capital
Leases, other than Capital Leases in effect on the date hereof and Capital Leases entered into pursuant to subclauses (A) and (B) above, provided, that the aggregate amount of Indebtedness incurred pursuant to this subclause
(C) shall not exceed $20,000,000 at any time outstanding, and (D) any modification, replacement, refinancing, refunding, renewal or extension of any Indebtedness specified in subclause (A), (B) or (C) above, provided that,
except to the extent otherwise expressly permitted hereunder, the principal amount thereof (including pursuant to clause (C)) does not exceed the principal amount thereof outstanding immediately prior to such 

  
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 modification, replacement, refinancing, refunding, renewal or extension, except by an amount
equal to the unpaid accrued interest and premium thereon plus other reasonable amounts paid and fees and expenses incurred in connection with such modification, replacement, refinancing, refunding, renewal or extension; 

(vii) Indebtedness outstanding on the date hereof (A) listed on Schedule 10.2.1 and any modification,
replacement, refinancing, refunding, renewal or extension thereof, provided that, except to the extent otherwise expressly permitted hereunder, (1) the principal amount thereof does not exceed the principal amount thereof outstanding
immediately prior to such modification, replacement, refinancing, refunding, renewal or extension, except by an amount equal to the unpaid accrued interest and premium thereon plus other reasonable amounts paid and fees and expenses incurred in
connection with such modification, replacement, refinancing, refunding, renewal or extension plus an amount equal to any existing commitment unutilized and letters of credit undrawn thereunder and (2) the direct and contingent obligors with
respect to such Indebtedness are not changed and (B) owing by any Borrower to any Restricted Subsidiary or by any Restricted Subsidiary to any Borrower or any other Restricted Subsidiary; 

(viii) Indebtedness in respect of Hedge Agreements; 

(ix) (A) Indebtedness of a Person or Indebtedness attaching to assets of a Person that, in either case, becomes a
Restricted Subsidiary (or is a Restricted Subsidiary that survives a merger with such Person) or Indebtedness attaching to assets that are acquired by any Borrower or any Restricted Subsidiary, in each case, after the Closing Date as the result of a
Permitted Acquisition, provided, that (1) such Indebtedness existed at the time such Person became a Restricted Subsidiary or at the time such assets were acquired and, in each case, was not created in anticipation thereof, (2) such
Indebtedness is not guaranteed in any respect by any Borrower or any Restricted Subsidiary (other than by any such Person that so becomes a Restricted Subsidiary or is the survivor of a merger with such Person and any of its Subsidiaries) and
(3) to the extent required under Section 10.1.13, such Person executes a supplement or joinder to this Agreement, substantially in the form of Exhibit I, in order to become a Loan Party, a Guarantor under Section 5.10 (if
applicable) and a grantor under Section 7.1 (or with respect to a Foreign Subsidiary, enters into a new Security Document in form and substance reasonably satisfactory to the Agent and the applicable Loan Party Agent), provided that the
requirements of this subclause (3) shall not apply to (I) an aggregate amount at any time outstanding of up to the greater of (A) $300,000,000 or (B) 10% of Consolidated Total Assets at the time of the incurrence of such
Indebtedness (less all Indebtedness as to which the proviso to clause (x)(A)(2) below then applies) at such time of such Indebtedness (and modifications, replacements, refinancings, refundings, renewals and extensions thereof pursuant to subclause
(B) below) and (II) any Indebtedness of the type that could have been incurred under Section 10.2.1(b)(vi), and (B) any modification, replacement, refinancing, refunding, renewal or extension of any Indebtedness specified in subclause
(A) above, provided that, except to the extent otherwise expressly permitted hereunder, (X) the principal amount of any such Indebtedness does not exceed the principal amount thereof outstanding immediately prior 

  
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 to such modification, replacement, refinancing, refunding, renewal or extension except by an
amount equal to the unpaid accrued interest and premium thereon plus other reasonable amounts paid and fees and expenses incurred in connection with such modification, replacement, refinancing, refunding, renewal or extension plus an amount equal to
any existing commitment unutilized and letters of credit undrawn thereunder and (Y) the direct and contingent obligors with respect to such Indebtedness are not changed; 

(x) (A) Permitted Additional Debt of MRC or any Restricted Subsidiary incurred to finance a Permitted Acquisition,
provided that (1) if such Indebtedness is incurred by a Restricted Subsidiary that is not a Guarantor, such Indebtedness is not guaranteed by any Loan Party unless such Guarantee, at the time of incurrence thereof, would be permitted at
such time under Section 10.2.5(g) and (2) to the extent required under Section 10.1.13, such acquired Person executes a supplement or joinder to this Agreement, substantially in the form of Exhibit I, in order to become a Loan
Party, a Guarantor under Section 5.10 (if applicable) and a grantor under Section 7.1 (or with respect to a Foreign Subsidiary, enters into a new Security Document in form and substance reasonably satisfactory to the Agent and the
applicable Loan Party Agent), provided that the requirements of this subclause (2) shall not apply to an aggregate amount at any time outstanding of up to the greater of (A) $300,000,000 or (B) 10% of Consolidated Total Assets
at the time of the incurrence of such Indebtedness (less all Indebtedness as to which clause (I) of the proviso to clause (ix)(A)(3) above then applies) at such time of the aggregate of such Indebtedness (and modifications, replacements,
refinancings, refundings, renewals and extensions thereof pursuant to subclause (B) below), and (B) any modification, replacement, refinancing, refunding, renewal or extension of any Indebtedness specified in subclause (A) above,
provided that, except to the extent otherwise expressly permitted hereunder, (1) the principal amount of any such Indebtedness does not exceed the principal amount thereof outstanding immediately prior to such modification, replacement,
refinancing, refunding, renewal or extension except by an amount equal to the unpaid accrued interest and premium thereon plus other reasonable amounts paid and fees and expenses incurred in connection with such modification, replacement,
refinancing, refunding, renewal or extension plus an amount equal to any existing commitment unutilized and letters of credit undrawn thereunder and (2) the direct and contingent obligors with respect to such Indebtedness are not changed;

 (xi) Indebtedness in respect of performance bonds, bid bonds, appeal bonds, surety bonds and completion
guarantees and similar obligations not in connection with money borrowed, in each case, provided in the Ordinary Course of Business, including those incurred to secure health, safety and environmental obligations in the Ordinary Course of Business;

 (xii) (A) Indebtedness incurred in connection with any Permitted Sale Leaseback, provided that, with respect
to any Permitted Sale Leaseback other than the Permitted Sale Leaseback identified in clause (b) of the definition of “Permitted Sale Leaseback”, the Net Cash Proceeds thereof are promptly applied to the prepayment of the Senior
Secured Notes to the extent required by the Senior Secured Notes Indenture; and (B) any refinancing, refunding, renewal or extension of any Indebtedness specified in 

  
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 subclause (A) above; provided further that, except to the extent otherwise
permitted hereunder, (1) the principal amount of any such Indebtedness is not increased above the principal amount thereof outstanding immediately prior to such refinancing, refunding, renewal or extension and (2) the direct and contingent
obligors with respect to such Indebtedness are not changed; 
 (xiii) (A) additional Indebtedness of MRC and its
Restricted Subsidiaries and (B) any refinancing, refunding, renewal or extension of any Indebtedness specified in subclause (A) above; provided that the aggregate amount of Indebtedness incurred and remaining outstanding pursuant to
this clause (xiii) shall not at any time exceed the greater of (1) $300,000,000 and (2) 10% of Consolidated Total Assets at the time of the incurrence of such Indebtedness; provided, however, not more than the greater of
(X) $50,000,000 and (Y) 1.5% of Consolidated Total Assets at the time of the incurrence of such Indebtedness in aggregate principal amount of Indebtedness of any Borrower or any Guarantor incurred under this clause (xiii) shall be
secured; 
 (xiv) Indebtedness in respect of Permitted Additional Debt to the extent that the Net Cash Proceeds
therefrom are, immediately after the receipt thereof, applied to the prepayment of the Senior Secured Notes in accordance with the Senior Secured Notes Indenture; 

(xv) Indebtedness in respect of overdraft facilities, employee credit card programs and other cash management arrangements
in the Ordinary Course of Business and, with regard to Restricted Subsidiaries that are not Loan Parties, Indebtedness in respect of cash pooling arrangements in the Ordinary Course of Business; 

(xvi) unsecured Indebtedness in respect of obligations of any Borrower or any Restricted Subsidiary to pay the deferred
purchase price of goods or services or progress payments in connection with such goods and services, provided that such obligations are incurred in connection with open accounts extended by suppliers on customary trade terms (which require
that all such payments be made within 60 days after the incurrence of the related obligation) in the Ordinary Course of Business and not in connection with the borrowing of money or Hedge Agreements; 

(xvii) Indebtedness arising from agreements of any Borrower or any Restricted Subsidiary providing for indemnification,
adjustment of purchase price or similar obligations, in each case, entered into in connection with Permitted Acquisitions, other Investments and the disposition of any business, assets or capital stock permitted hereunder, other than Guarantee
Obligations incurred by any Person acquiring all or any portion of such business, assets or capital stock for the purpose of financing such acquisition, provided that (A) such Indebtedness is not reflected on the balance sheet of any
Borrower or any Restricted Subsidiary (contingent obligations referred to in a footnote to financial statements and not otherwise reflected on the balance sheet will not be deemed to be reflected on such balance sheet for purposes of this clause
(A)) and (B) the maximum assumable liability in respect of all such Indebtedness shall at no time exceed the gross proceeds, including non-cash proceeds (the fair market value of such non-cash proceeds being measured at the time received and
without giving effect to any subsequent changes in value), actually received by the Borrowers and the Restricted Subsidiaries in connection with such disposition; 

  
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 (xviii) Indebtedness of any Borrower or any Restricted Subsidiary consisting
of (A) obligations to pay insurance premiums or (B) take or pay obligations contained in supply agreements, in each case, arising in the Ordinary Course of Business and not in connection with the borrowing of money or Hedge Agreements;

 (xix) Indebtedness representing deferred compensation, severance and health and welfare retirement benefits to
current and former employees of the Borrowers (or any direct or indirect parent thereof) and the Restricted Subsidiaries incurred in the Ordinary Course of Business; 

(xx) unsecured, Subordinated Indebtedness consisting of promissory notes in an aggregate principal amount of not more than
$10,000,000 issued by any Borrower or any Guarantor to current or former officers, managers, consultants, directors and employees (or their respective spouses, former spouses, successors, executors, administrators, heirs, legatees or distributees)
to finance the purchase or redemption of Stock or Stock Equivalents of such Borrower (or any direct or indirect parent thereof) permitted by Section 10.2.6; 

(xxi) Indebtedness consisting of obligations of the Borrowers or the Restricted Subsidiaries under deferred compensation
or other similar arrangements incurred by such Person in connection with Permitted Acquisitions or any other Investment expressly permitted hereunder; 
 (xxii) cash management obligations and other Indebtedness in respect of netting services, automatic clearinghouse arrangements, overdraft protections and similar arrangements in each case in connection
with deposit accounts; 
 (xxiii) Indebtedness arising from advance payments received in the Ordinary Course of
Business from customers for goods and services purchased or rented in the Ordinary Course of Business and not for borrowed money; 
 (xxiv) Indebtedness of any Receivables Entity in respect of any Qualified Receivables Transaction that is without recourse to any Loan Party or any of their respective assets; and 

(xxv) all premiums (if any), interest (including post-petition interest), fees, expenses, charges and additional or
contingent interest on obligations described in clauses (i) through (xxiv) above. 
 10.2.2 Limitation on
Liens. The Borrowers will not, and will not permit any of the Restricted Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any property or assets of any kind (real or personal, tangible or intangible) of such Borrower
or any Restricted Subsidiary, whether now owned or hereafter acquired, except: 
 (a) Liens arising under the Credit Documents;

  
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 (b) Permitted Liens; 

(c) (i) Liens securing Indebtedness permitted pursuant to Section 10.2.1(b)(vi) (including, without limitation, any “purchase
money security interest” defined under the PPSA Australia or the PPSA New Zealand entered into in the Ordinary Course of Business where the purchase price is paid within 60 days of supply), provided that (A) such Liens attach at all
times only to the assets so financed except for accessions to such property and the proceeds and the products thereof and (B) that individual financings of equipment provided by one lender may be cross collateralized to other financings of
equipment provided by such lender, and (ii) Liens on the assets of Restricted Subsidiaries that are not Loan Parties securing Indebtedness permitted pursuant to Section 10.2.1(b)(xiii) and 10.2.1(b)(xv); 

(d) Liens existing on the date hereof and listed on Schedule 10.2.2; 

(e) The replacement, extension or renewal of any Lien permitted by clauses (a) through (d) above and clause (f) of this
Section 10.2.2 upon or in the same assets (other than after acquired property that is affixed or incorporated into the property covered by such Lien or financed by Indebtedness permitted under Section 10.2.1(b) and proceeds and products
thereof) theretofore subject to such Lien or the replacement, extension or renewal (without increase in the amount or change in any direct or contingent obligor except to the extent otherwise permitted hereunder) of the Indebtedness secured thereby;

 (f) Liens existing on the assets of any Person that becomes a Restricted Subsidiary (or is a Restricted Subsidiary that
survives a merger with such Person), or existing on assets acquired, pursuant to a Permitted Acquisition or other Investment to the extent the Liens on such assets secure Indebtedness permitted by Section 10.2.1(b)(ix) or other obligations
permitted by this Agreement, provided that such Liens attach at all times only to the same assets that such Liens (other than after acquired property that is affixed or incorporated into the property covered by such Lien or financed by
Indebtedness permitted under Section 10.2.1(b) and proceeds and products thereof) attached to, and secure only the same Indebtedness or obligations (or any modifications, refinancings, extensions, renewals, refundings or replacements of such
Indebtedness permitted by Section 10.2.1(b)) that such Liens secured, immediately prior to such Permitted Acquisition or other Investment, as applicable; 
 (g) (i) Liens placed upon the Stock and Stock Equivalents of any Restricted Subsidiary that is not a Loan Party acquired pursuant to a Permitted Acquisition to secure Indebtedness incurred pursuant to
Section 10.2.1(b)(x) in connection with such Permitted Acquisition and (ii) Liens placed upon the assets of any Restricted Subsidiary that is not a Loan Party to secure a guarantee by, or Indebtedness of, such Restricted Subsidiary of any
Indebtedness of any Borrower or any other Restricted Subsidiary incurred pursuant to Section 10.2.1(b)(x); 
 (h) Liens
securing Indebtedness or other obligations of any Loan Party or a Subsidiary in favor of any Loan Party or any Subsidiary that is a Loan Party and Liens securing Indebtedness or other obligations of any Subsidiary that is not a Loan Party in favor
of any Subsidiary that is not a Loan Party; 

  
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 (i) Liens (i) of a collection bank arising under Section 4-210 of the Uniform
Commercial Code on items in the course of collection, (ii) attaching to commodity trading accounts or other commodities brokerage accounts incurred in the Ordinary Course of Business; and (iii) in favor of a banking institution arising as
a matter of law encumbering deposits (including the right of set-off) and which are within the general parameters customary in the banking industry; 
 (j) Liens (i) on cash advances in favor of the seller of any property to be acquired in an Investment permitted pursuant to Section 10.2.5 to be applied against the purchase price for such
Investment, and (ii) consisting of an agreement to sell, transfer, lease or otherwise dispose of any property in a transaction permitted under Section 10.2.4, in each case, solely to the extent such Investment or sale, disposition,
transfer or lease, as the case may be, would have been permitted on the date of the creation of such Lien; 
 (k) Liens arising
out of conditional sale, title retention, consignment or similar arrangements for sale and purchase of goods entered into by any Borrower or any Restricted Subsidiary in the Ordinary Course of Business permitted by this Agreement; 

(l) Liens deemed to exist in connection with Investments in repurchase agreements permitted under Section 10.2.5; 

(m) Liens encumbering reasonable customary initial deposits and margin deposits and similar Liens attaching to commodity trading accounts
or other brokerage accounts incurred in the Ordinary Course of Business and not for speculative purposes; 
 (n) Liens that are
contractual rights of set-off (i) relating to the establishment of depository relations with banks not given in connection with the issuance of Indebtedness, (ii) relating to pooled deposit or sweep accounts of any non-Loan Party to permit
satisfaction of overdraft or similar obligations incurred in the Ordinary Course of Business of such non-Loan Party or (iii) relating to purchase orders and other agreements entered into with customers of any Borrower or any Restricted
Subsidiary in the Ordinary Course of Business; 
 (o) Liens solely on any cash earnest money deposits made by any Borrower or
any Restricted Subsidiary in connection with any letter of intent or purchase agreement permitted hereunder; 
 (p) Liens on
insurance policies and the proceeds thereof securing the financing of the premiums with respect thereto; 
 (q) Liens securing
the Senior Secured Notes; provided, that with respect to any such Senior Secured Notes issued after December 21, 2009, such Indebtedness is permitted to be secured in accordance with the proviso at the end of Section 10.2.1(a);

 (r) Liens securing Indebtedness permitted under Section 10.2.1(a), to the extent permitted in accordance with the
proviso at the end of such Section 10.2.1(a); 

  
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 (s) Liens securing obligations under Hedge Agreements that are not Secured Bank Product
Obligations; provided, that such Liens constitute Notes Priority Liens for purposes of the Intercreditor Agreement; 

(t) additional Liens so long as (i) the aggregate principal amount of the obligations so secured does not exceed the greater of
(y) $50,000,000 at any time outstanding and (z) 1.5% of Consolidated Total Assets at the time of the incurrence of such obligations and (ii) to the extent such additional Liens attach to any Accounts or Inventory of any Borrower, such
Liens are subordinated to the Lien of Agent, for the benefit of the Secured Parties, pursuant to an intercreditor agreement in form and substance reasonably satisfactory to Agent and North American Loan Party Agent; 

(u) Liens on Stock in joint ventures held by any Borrower provided such joint venture is not a Guarantor; 

(v) Liens (i) of a Restricted Subsidiary that is not a Loan Party arising from precautionary security filings regarding a “true
sale” to a Receivables Entity pursuant to a Qualified Receivables Transaction and (ii) on Accounts and Related Assets of a Receivables Entity imposed in connection with a Qualified Receivables Transaction; 

(w) Liens constituting deemed security interests under section 12(3) of the PPSA Australia or section 17(1)(b) of the PPSA New Zealand
which do not secure payment or performance of an obligation and any equivalent arrangement entered into any other jurisdiction; and 
 (x) Liens on dedicated cash collateral accounts of Restricted Foreign Subsidiaries (other than Canadian Subsidiaries) and the deposits therein not to exceed $50,000,000 in the aggregate securing letters
of credit issued for the account of a Foreign Borrower or any other Restricted Foreign Subsidiary (in each case other than a Canadian Borrower) by any financial institution (which financial institution for the avoidance of doubt shall not be
required to be a Lender or Fronting Bank). 
 10.2.3 Limitation on Fundamental Changes. Except as expressly
permitted by Section 10.2.4 or 10.2.5, each Borrower will not, and will not permit any of the Restricted Subsidiaries to, enter into any merger, consolidation or amalgamation, or liquidate, wind up or dissolve itself (or suffer any liquidation
or dissolution), or convey, sell, lease, assign, transfer or otherwise dispose of, all or substantially all its business units, assets or other properties, except that: 
 (a) so long as no Default or Event of Default would result therefrom, any Subsidiary of any Borrower or any other Person may be merged or consolidated with or into a Borrower, provided that
(i) a Borrower shall be the continuing or surviving entity or (ii) if the Person formed by or surviving any such merger, amalgamation or consolidation is not a Borrower (such Person, the “Successor Borrower”), (A)(1) in
the case of a merger, amalgamation or consolidation by a Person organized or existing under the laws of the United States, any state thereof or the District of Columbia, the Successor Borrower shall be an entity organized or existing under the laws
of the United States, any state thereof or the District of 

  
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 Columbia, (2) in the case of a merger, amalgamation or consolidation by a Person organized or existing
under the laws of Canada or any province thereof, the Successor Borrower shall be an entity organized or existing under the laws of Canada or any province thereof, and (3) in the case of a merger, amalgamation or consolidation by a Person not
organized or existing under the laws of the United States, any state thereof, the District of Columbia, Canada or any province thereof, the Successor Borrower shall be an entity organized or existing under the laws of the country in which the
non-surviving Borrower was organized or existing or the laws of any state or province thereof, (B) the Successor Borrower shall expressly assume all the obligations of a Borrower under this Agreement and the other Loan Documents pursuant to a
supplement hereto or thereto in form reasonably satisfactory to the Agent, (C) each applicable Guarantor, unless it is the other party to such merger, amalgamation or consolidation, shall have by a supplement hereto confirmed that its Guarantee
shall apply to the Successor Borrower’s obligations under this Agreement, (D) each U.S. Domiciled Loan Party and each Foreign Domiciled Loan Party, as applicable, unless it is the other party to such merger or consolidation, shall have by
a supplement to this Agreement confirmed that its obligations thereunder shall apply to the Successor Borrower’s obligations under this Agreement, and (E) the Borrower shall have delivered to the Agent (1) an officer’s
certificate stating that such merger, amalgamation or consolidation and such supplements to this Agreement and the other Loan Documents preserve the enforceability of the Guarantee and the perfection and priority of the Liens under the Security
Documents and (2) if reasonably requested by the Agent, an opinion of counsel to the effect that such merger, amalgamation or consolidation does not violate this Agreement or any other Loan Document, and provided further that if the
foregoing are satisfied, the Successor Borrower will succeed to, and be substituted for, such Borrower under this Agreement; 

(b) any Subsidiary of a Borrower (other than another Borrower) or any other Person may be merged, amalgamated or consolidated with or
into any one or more Subsidiaries of such Borrower, provided that (i) in the case of any merger, amalgamation or consolidation involving one or more Restricted Subsidiaries, (A) a Restricted Subsidiary shall be the continuing or
surviving entity or (B) such Borrower shall take all steps necessary to cause the Person formed by or surviving any such merger, amalgamation or consolidation (if other than a Restricted Subsidiary) to become a Restricted Subsidiary,
(ii) in the case of any merger, amalgamation or consolidation involving one or more Guarantors, a Guarantor shall be the continuing or surviving entity or the Person formed by or surviving any such merger, amalgamation or consolidation (if
other than a Guarantor) shall execute a supplement or joinder to this Agreement, substantially in the form of Exhibit I, in order to become a Guarantor under Section 5.10 and a grantor under Section 7.1 (or in the case of a
Guarantor not organized in the U.S. or Canada enter into other Security Documents) to the extent required under Section 10.1.13, (iii) no Default or Event of Default would result from the consummation of such merger, amalgamation or
consolidation, (iv) any Indebtedness incurred to finance such merger, amalgamation or consolidation is permitted to be incurred by the Senior Secured Notes Indenture, and (v) such Borrower shall have delivered to the Agent an
officer’s certificate stating that such merger, amalgamation or consolidation and such supplements and/or joinders to any Security Document preserve the enforceability of the Guarantee and the perfection and priority of the Liens under the
Security Documents; 

  
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 (c) any Restricted Subsidiary that is not a Borrower or Guarantor may sell, lease, transfer
or otherwise dispose of any or all of its assets (upon voluntary liquidation or otherwise) to any Borrower, a Guarantor or any other Restricted Subsidiary; 
 (d) any Guarantor may sell, lease, transfer or otherwise dispose of any or all of its assets (upon voluntary liquidation or otherwise) to any Borrower or any other Guarantor; and 

(e) any Restricted Subsidiary may liquidate or dissolve if (i) the North American Loan Party Agent determines in good faith that
such liquidation or dissolution is in the best interests of the Borrowers and is not materially disadvantageous to the Lenders and (ii) to the extent such Restricted Subsidiary is a Loan Party, any assets or business not otherwise disposed of
or transferred in accordance with Section 10.2.4 or 10.2.5, or, in the case of any such business, discontinued, shall be transferred to, or otherwise owned or conducted by, another Loan Party after giving effect to such liquidation or
dissolution. 
 10.2.4 Limitation on Sale of Assets. Each Borrower will not, and will not permit any of the
Restricted Subsidiaries to, (x) convey, sell, lease, assign, transfer or otherwise dispose of any of its property, business or assets (including receivables and leasehold interests), whether now owned or hereafter acquired (other than any such
sale, transfer, assignment or other disposition resulting from any casualty or condemnation, of any assets of such Borrower or the Restricted Subsidiaries) or (y) sell to any Person (other than a Borrower or a Guarantor) any shares owned by it
of any Restricted Subsidiary’s Stock and Stock Equivalents, except that: 
 (a) any Borrower and the Restricted
Subsidiaries may sell, transfer or otherwise dispose of (i) inventory in the Ordinary Course of Business, (ii) used or surplus equipment, vehicles and other assets in the Ordinary Course of Business and (iii) Permitted Investments;

 (b) any Borrower and the Restricted Subsidiaries may sell, transfer or otherwise dispose of other assets (other than accounts
receivable) (each a “Disposition”) for fair value, provided that: 
 (i) with respect to
any Disposition pursuant to this clause (b) for a purchase price in excess of $10,000,000, such Borrower or a Restricted Subsidiary shall receive not less than 75% of such consideration in the form of cash or Permitted Investments;
provided that for the purposes of this clause (i): 
 (A) any liabilities (as shown on such
Borrower’s or such Restricted Subsidiary’s most recent balance sheet provided hereunder or in the footnotes thereto) of such Borrower or such Restricted Subsidiary, other than liabilities that are by their terms subordinated to the payment
in cash of the Obligations, that are assumed by the transferee with respect to the applicable Disposition and for which such Borrower and all of the Restricted Subsidiaries shall have been validly released by all applicable creditors in writing,

 (B) any securities received by such Borrower or such Restricted Subsidiary from such transferee that are
converted by such Borrower or such Restricted Subsidiary into cash (to the extent of the cash received) within 180 days following the closing of the applicable Disposition, and 

  
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 (C) any Designated Non-Cash Consideration received by such Borrower or such
Restricted Subsidiary in respect of such Disposition having an aggregate fair market value, taken together with all other Designated Non-Cash Consideration received pursuant to this Section 10.2.4(b) and Section 10.2.4(c) that is at that
time outstanding, not in excess of 6% of Consolidated Total Assets at the time of the receipt of such Designated Non-Cash Consideration, with the fair market value of each item of Designated Non-Cash Consideration being measured at the time received
and without giving effect to subsequent changes in value, 
 shall in each case under this clause (i) be deemed to be cash;
and 
 (ii) after giving effect to any such sale, transfer or disposition, no Default or Event of Default shall
have occurred and be continuing; 
 (c) each Borrower and the Restricted Subsidiaries may make sales of assets to any Borrower or
to any Restricted Subsidiary, provided that with respect to any such sales to Restricted Subsidiaries that are not Guarantors or Borrowers: 
 (i) such sale, transfer or disposition shall be for fair value; 

(ii) with respect to any Disposition pursuant to this clause (c) for a purchase price in excess of $10,000,000, such
Borrower or a Restricted Subsidiary shall receive not less than 75% of such consideration in the form of cash or Permitted Investments; provided that for the purposes of this clause (ii): 

(A) any liabilities (as shown on such Borrower’s or such Restricted Subsidiary’s most recent balance sheet
provided hereunder or in the footnotes thereto) of such Borrower or such Restricted Subsidiary, other than liabilities that are by their terms subordinated to the payment in cash of the Obligations, that are assumed by the transferee with respect to
the applicable Disposition and for which such Borrower and all of the Restricted Subsidiaries shall have been validly released by all applicable creditors in writing, 

(B) any securities received by such Borrower or such Restricted Subsidiary from such transferee that are converted by such
Borrower or such Restricted Subsidiary into cash (to the extent of the cash received) within 180 days following the closing of the applicable Disposition, 
 (C) any Designated Non-Cash Consideration received by such Borrower or such Restricted Subsidiary in respect of such Disposition having an aggregate fair market value, taken together with all other
Designated Non-Cash Consideration received pursuant to this Section 10.2.4(c) and Section 10.2.4(b) that is at that time outstanding, not in excess of 6% of Consolidated Total Assets at the time of the receipt of such Designated Non-Cash
Consideration, with the fair market value of each item of Designated Non-Cash Consideration being measured at the time received and without giving effect to subsequent changes in value, 

  
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 shall in each case under this clause (ii) be deemed to be cash. 

(d) any Borrower and any Restricted Subsidiary may effect any transaction permitted by Section 10.2.2, 10.2.3, 10.2.5 or 10.2.6;

 (e) in addition to selling or transferring accounts receivable pursuant to the other provisions hereof, MRC and the
Restricted Subsidiaries may sell or discount without recourse accounts receivable arising in the Ordinary Course of Business in connection with the compromise or collection thereof consistent with such Person’s current credit and collection
practices; 
 (f) any Borrower and any Restricted Subsidiary may lease, sublease, license or sublicense (on a non-exclusive
basis with respect to any intellectual property) real, personal or intellectual property in the Ordinary Course of Business; 

(g) any Borrower and any Restricted Subsidiary may make sales, transfers and other dispositions of property to the extent that
(i) such property is exchanged for credit against the purchase price of similar replacement property or (ii) the proceeds of such Disposition are promptly applied to the purchase price of such replacement property; 

(h) any Borrower and any Restricted Subsidiary may make sales, transfers and other dispositions of property pursuant to Permitted Sale
Leaseback transactions; 
 (i) any Borrower and any Restricted Subsidiary may make Dispositions of Non-Core Assets or any
portion thereof; 
 (j) any Borrower and any Restricted Subsidiary may make sales, transfers and other dispositions of
Investments in joint ventures to the extent required by, or made pursuant to customary buy/sell arrangements between, the joint venture parties set forth in joint venture arrangements and similar binding arrangements; and 

(k) any Restricted Subsidiary that is not a Loan Party and is domiciled outside of Australia, Belgium, Canada, the Netherlands, New
Zealand, Singapore, the UK and the U.S. may make Dispositions of Accounts and Related Assets to a Receivables Entity so long as the requirements included in the definition of Qualified Receivables Transaction have been satisfied. 

10.2.5 Limitation on Investments. Each Borrower will not, and will not permit any of the Restricted Subsidiaries to, make
any advance, loan, extensions of credit or capital contribution to, or purchase any stock, bonds, notes, debentures or other securities of or any assets of, or make any other Investment in, any Person, except: 

 

	(a)	extensions of trade credit and asset purchases in the Ordinary Course of Business; 

  
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 (b) Permitted Investments; 

(c) loans and advances to officers, directors and employees of any Borrower (or any direct or indirect parent thereof) or any of its
Subsidiaries (i) for reasonable and customary business-related travel, entertainment, relocation and analogous ordinary business purposes (including employee payroll advances), (ii) in connection with such Person’s purchase of Stock
or Stock Equivalents of such Borrower (or any direct or indirect parent thereof) to the extent that the amount of such loans and advances are contributed to such Borrower in cash and (iii) for purposes not described in the foregoing clauses
(i) and (ii), in an aggregate principal amount outstanding not to exceed $10,000,000; 
 (d) Investments existing on, or
contemplated as of, the date hereof and listed on Schedule 10.2.5 and any extensions, renewals or reinvestments thereof, so long as the aggregate amount of all Investments pursuant to this clause (d) is not increased at any time
above the amount of such Investments existing on the date hereof; 
 (e) Investments received in connection with the bankruptcy
or reorganization of suppliers or customers and in settlement of delinquent obligations of, and other disputes with, customers arising in the Ordinary Course of Business or upon foreclosure with respect to any secured Investment or other transfer of
title with respect to any secured Investment; 
 (f) Investments to the extent that payment for such Investments is made solely
with Stock or Stock Equivalents of any Borrower; 
 (g) Investments in (i) U.S. Domiciled Loan Parties and (ii) any
other Persons provided that after giving effect to such Investments under this clause (g)(ii), either (A) both (1) Excess Availability is greater than the higher of (I) 10% of the Commitments and (II) $95,000,000 and (2) the
Consolidated Fixed Charge Coverage Ratio for the most recent Test Period for which financial statements have been delivered pursuant to clause (a) or (b) of Section 10.1.1 is greater than 1.0 to 1.0 or (B) Excess Availability is
greater than the higher of (1) 15% of the Commitments and (2) $150,000,000; provided that if the test set forth in clause (g)(ii)(A) or (g)(ii)(B) above is not satisfied, then any Borrower shall be permitted to make Investments in
an amount not to exceed $60,000,000 in the aggregate (net of repayments) for all Borrowers since the last calculation date on which the Borrowers most recently met the test in clause (g)(ii)(A) or (g)(ii)(B) above if, after giving effect to such
Investments, either (1) the Consolidated Fixed Charge Coverage Ratio for the most recent Test Period for which financial statements have been delivered pursuant to clause (a) or (b) of Section 10.1.1 is greater than 1.0 to 1.0 or
(2) Excess Availability is greater than the higher of (x) 10% of the Commitments and (y) $95,000,000; 
 (h)
Permitted Acquisitions; 
 (i) Investments constituting non-cash proceeds of sales, transfers and other dispositions of assets
to the extent permitted by Section 10.2.4; 
 (j) Investments made to repurchase or retire Stock of any Borrower or any
direct or indirect parent thereof owned by any employee stock ownership plan or key employee stock ownership plan of such Borrower (or any direct or indirect parent thereof); 

  
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 (k) Investments permitted under Section 10.2.6; 

(l) loans and advances to any direct or indirect parent of any Borrower in lieu of, and not in excess of the amount of, dividends to the
extent permitted to be made to such parent in accordance with Section 10.2.6; 
 (m) Investments consisting of extensions
of credit in the nature of accounts receivable or notes receivable arising from the grant of trade credit in the Ordinary Course of Business, and Investments received in satisfaction or partial satisfaction thereof from financially troubled account
debtors and other credits to suppliers in the Ordinary Course of Business; 
 (n) Investments in the Ordinary Course of Business
consisting of Article 3 endorsements for collection or deposit and Article 4 customary trade arrangements with customers consistent with past practices; 
 (o) advances of payroll payments to employees in the Ordinary Course of Business; 

(p) Guarantee Obligations of any Borrower or any Restricted Subsidiary of leases (other than Capital Leases) or of other obligations that
do not constitute Indebtedness, in each case entered into in the Ordinary Course of Business; 
 (q) Investments made to
repurchase or retire equity interests of any Borrower (or any direct or indirect parent thereof) owned by any employee stock ownership plan or key employee stock ownership plan of any Borrower (or any direct or indirect parent thereof); 

(r) Investments of a Restricted Subsidiary acquired after the Closing Date or of any Person merged into any Borrower or merged or
consolidated with a Restricted Subsidiary in accordance with Section 10.2.3 after the Closing Date to the extent that such Investments were not made in contemplation of or in connection with such acquisition, merger or consolidation and were in
existence on the date of such acquisition, merger or consolidation; 
 (s) Investments constituting Guarantee Obligations of
Indebtedness permitted under Section 10.2.1; and 
 (t) Investments by any Restricted Subsidiary that is not a Loan Party
in any other Restricted Subsidiary that is not a Loan Party or in a Receivables Entity pursuant to a Qualified Receivables Transaction. 
 10.2.6 Limitation on Dividends. MRC will not declare or pay any dividends (other than dividends payable solely in its Stock) or return any capital to its stockholders or make any other
distribution, payment or delivery of property or cash to its stockholders as such, or redeem, retire, purchase or otherwise acquire, directly or indirectly, for consideration, any shares of any class of its Stock or Stock Equivalents or the Stock or
Stock Equivalents of any direct or indirect parent now or hereafter outstanding, or set aside any funds for any of the foregoing purposes, or permit any of its Restricted Subsidiaries to purchase or otherwise acquire for consideration (other than in
connection with an Investment permitted by Section 10.2.5) any Stock or Stock Equivalents of MRC, now or hereafter outstanding (all of the foregoing “dividends”), provided that, so long as no Default or Event of Default
exists or would exist after giving effect thereto: 

  
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 (a) MRC may redeem in whole or in part any of its Stock or Stock Equivalents for another
class of its Stock or Stock Equivalents or with proceeds from substantially concurrent equity contributions or issuances of new Stock or Stock Equivalents, provided that such new Stock or Stock Equivalents contain terms and provisions at
least as advantageous to the Lenders in all respects material to their interests as those contained in the Stock or Stock Equivalents redeemed thereby; 
 (b) MRC may (or may make dividends to permit any direct or indirect parent thereof to) repurchase shares of its (or such parent’s) Stock or Stock Equivalents held by officers, directors and employees
of MRC and its Subsidiaries, so long as such repurchase is pursuant to, and in accordance with the terms of, management and/or employee stock plans, stock subscription agreements or shareholder agreements; provided, that the aggregate amount
of all cash paid in respect of all such shares so repurchased in any calendar year does not exceed the sum of (i) $10,000,000 plus (ii) all amounts obtained by MRC during such calendar year from the sale of such Stock or Stock Equivalents
to other officers, directors and employees of MRC and its Subsidiaries in connection with any permitted compensation and incentive arrangements plus (iii) all amounts obtained from any key-man life insurance policies received during such
calendar year; provided further that the aggregate amount permitted by the foregoing proviso with respect to any calendar year commencing with 2012 shall be increased by 100% of the amount of unused share repurchases for the immediately
preceding year (such amount, a “carry-over amount”) without giving effect to any carryover amount that was added in such preceding calendar year and assuming any such carry-over amount is utilized first and so long as the aggregate
amount of cash paid in respect of all such shares so repurchased in any calendar year does not exceed $20,000,000; and provided still further the aggregate amount of all cash paid in respect of all such shares so repurchased in any calendar
year may exceed the aggregate amount permitted by the foregoing provisos if Excess Availability is not less than $100,000,000 after giving effect to such dividend, distribution or other return of capital; 

(c) MRC may pay dividends on its Stock or Stock Equivalents, provided that after giving effect to such payment, either (i) both
(A) Excess Availability is greater than the higher of (1) 15% of the Commitments and (2) $150,000,000 and (B) the Pro Forma Consolidated Fixed Charge Coverage Ratio for the most recent Test Period for which financial statements
have been delivered pursuant to clause (a) or (b) of Section 10.1.1 is greater than 1.0 to 1.0 or (ii) Excess Availability is greater than the higher of (A) 20% of the Commitments and (B) $210,000,000, and provided
further that the foregoing test shall not apply to any dividends paid with proceeds arising from a Qualified IPO; and 
 (d) MRC
may pay dividends: 
 (i) to its direct or indirect parent in amounts sufficient for any such parent to pay its
income tax obligations for so long as MRC or any Restricted Subsidiary is a member of a group filing a consolidated, combined, unitary, affiliated or other similar tax return with such parent; provided the amount of dividends paid under this
clause (i) in respect of income tax obligations is limited to the extent such tax liability is directly 

  
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 attributable to the taxable income of MRC or its Subsidiaries (that are included in such
consolidated, combined, unitary, affiliated or other similar tax return), determined as if MRC and such Subsidiaries filed a separate consolidated, combined, unitary, affiliated or other similar tax return as a stand-alone group and will be used to
pay (or to make dividends to allow any direct or indirect parent to pay), within 30 days of the receipt thereof, the tax liability to each relevant jurisdiction in respect of such consolidated, combined, unitary, affiliated or other similar returns;

 (ii) the proceeds of which shall be used to allow any direct or indirect parent of MRC to pay (A) its
operating expenses incurred in the Ordinary Course of Business and other corporate overhead costs and expenses (including administrative, legal, accounting and similar expenses provided by third parties), which are reasonable and customary and
incurred in the Ordinary Course of Business, in an aggregate amount not to exceed $15,000,000 in any fiscal year of MRC plus any reasonable and customary indemnification claims made by directors or officers of MRC (or any parent thereof)
attributable to the ownership or operations of MRC and its Subsidiaries or (B) fees and expenses otherwise (1) due and payable by MRC or any of its Subsidiaries and (2) permitted to be paid by MRC or such Subsidiary under this
Agreement; 
 (iii) without duplication of clause (i), above, the proceeds of which shall be used to pay
franchise taxes and other fees, taxes and expenses required to maintain the corporate existence of any direct or indirect parent of MRC or its Restricted Subsidiaries, within thirty (30) days of the receipt thereof; 

(iv) to any direct or indirect parent of MRC to finance any Investment permitted to be made pursuant to
Section 10.2.5; provided that (A) such dividend shall be made substantially concurrently with the closing of such Investment and (B) such parent shall, immediately following the closing thereof, cause (1) all property
acquired (whether assets, Stock or Stock Equivalents) to be contributed to MRC or its Restricted Subsidiaries or (2) the merger (to the extent permitted in Section 10.2.5) of the Person formed or acquired into MRC or its Restricted
Subsidiaries in order to consummate such Permitted Acquisition; and 
 (v) constituting repurchases of Stock or
Stock Equivalents upon the cashless exercise of stock options. 
 10.2.7 Limitations on Debt Payments and
Amendments. 
 (a) Each Borrower will not, and will not permit any Restricted Subsidiary to, prepay, repurchase or
redeem or otherwise defease any Subordinated Indebtedness held by a Person other than a Loan Party; provided, however, that so long as no Default or Event of Default shall have occurred and be continuing at the date of such prepayment,
repurchase, redemption or other defeasance or would result after giving effect thereto, any Borrower or any Restricted Subsidiary may prepay, repurchase or redeem Subordinated Indebtedness if either (A) both (1) Excess Availability is
greater than the higher of (x) 15% of the Commitments and (y) $150,000,000 and (2) the Pro Forma Consolidated Fixed Charge Coverage Ratio for the most recent Test Period for which financial statements have been delivered pursuant to
clause (a) or 

  
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 (b) of Section 10.1.1 is greater than 1.0 to 1.0 or (B) Excess Availability is greater than the
higher of (1) 20% of the Commitments and (2) $210,000,000, in each case after giving effect to such prepayment, repurchase, redemption or other defeasance, with the proceeds of Subordinated Indebtedness that (A) is permitted by
Section 10.2.1(b) (other than Section 10.2.1(b)(xiv)) and (B) has terms not materially less advantageous to the Lenders than those of such Subordinated Indebtedness being refinanced. 

(b) Each Borrower will not waive, amend, modify, terminate or release any Subordinated Indebtedness to the extent that any such waiver,
amendment, modification, termination or release would be adverse to the Lenders in any material respect. 
 (c) The Initial
Canadian Borrower will not, and will not permit any Restricted Subsidiary to, make any payment with respect to the Subordinated Indebtedness covered by the Subordination Agreement except for the discharge of such Subordinated Indebtedness as
permitted under the Subordination Agreement. 
 10.2.8 Limitations on Sale Leasebacks. Each Borrower will not, and
will not permit any Restricted Subsidiary to, enter into or effect any Sale Leasebacks, other than Permitted Sale Leasebacks. 

10.2.9 Changes in Business. The Borrowers and the Subsidiaries, taken as a whole, will not fundamentally and substantively
alter the character of their business, taken as a whole, from the business conducted by the Borrowers and the Subsidiaries, taken as a whole, on the Closing Date and other business activities incidental or related to any of the foregoing.

 10.2.10 Burdensome Agreements. Each Borrower will not, and will not permit any Restricted Subsidiary to, enter
into or permit to exist any contractual obligation (other than this Agreement or any other Loan Document) that limits the ability of (a) any Restricted Subsidiary that is not a Borrower or Guarantor to make dividends to any Borrower or any
Guarantor or (b) such Borrower or any Guarantor to create, incur, assume or suffer to exist Liens on property of such Person for the benefit of the Lenders with respect to the Secured Obligations; provided that the foregoing clauses
(a) and (b) shall not apply to contractual obligations which (i)(A) exist on the date hereof and (to the extent not otherwise permitted by this Section 10.2.10) are listed on Schedule 10.2.10 and (B) to the extent
contractual obligations permitted by clause (A) are set forth in an agreement evidencing Indebtedness, are set forth in any agreement evidencing any permitted renewal, extension or refinancing of such Indebtedness so long as such renewal,
extension or refinancing does not expand the scope of such contractual obligation, (ii) are binding on a Restricted Subsidiary at the time such Restricted Subsidiary first becomes a Restricted Subsidiary of such Borrower, so long as such
contractual obligations were not entered into solely in contemplation of such Person becoming a Restricted Subsidiary of such Borrower; (iii) represent Indebtedness of a Restricted Subsidiary of such Borrower which is not a Loan Party which is
permitted by Section 10.2.1, (iv) arise in connection with any Disposition permitted by Section 10.2.4, (v) are customary provisions in joint venture agreements and other similar agreements applicable to joint ventures permitted
under Section 10.2.5 and applicable solely to such joint venture entered into in the Ordinary Course of Business, (vi) are negative pledges and restrictions on Liens in favor of any holder of Indebtedness permitted under
Section 10.2.1 but solely to the extent any negative pledge relates to the property financed by or 

  
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 the subject of such Indebtedness, (vii) are customary restrictions on leases, subleases, licenses or
asset sale agreements otherwise permitted hereby so long as such restrictions relate to the assets subject thereto, (viii) comprise restrictions imposed by any agreement relating to secured Indebtedness permitted pursuant to Section 10.2.1
to the extent that such restrictions apply only to the property or assets securing such Indebtedness or, in the case of secured Indebtedness incurred pursuant to Section 10.2.1(b)(ix) or Section 10.2.1(b)(x) only, to the Restricted
Subsidiaries incurring or guaranteeing such Indebtedness, (ix) are customary provisions restricting subletting or assignment of any lease governing a leasehold interest of such Borrower or any Restricted Subsidiary, (x) are customary
provisions restricting assignment of any agreement entered into in the Ordinary Course of Business, (xi) are restrictions on cash or other deposits imposed by customers under contracts entered into in the Ordinary Course of Business, and
(xii) exist under the Senior Secured Notes Indenture or any documentation relating to such debt. 
 10.3 Financial
Covenants. As long as any Commitments or Obligations are outstanding: 
 10.3.1 Consolidated Fixed Charge Coverage
Ratio. MRC and its Restricted Subsidiaries (or so long as Parent is a Passive Entity, Parent and the Restricted Subsidiaries) shall maintain, as of the last day of each fiscal quarter during the occurrence and continuance of a FCCR Test
Event, a Consolidated Fixed Charge Coverage Ratio of at least 1.0 to 1.0 for the Test Period ending on the last day of such fiscal quarter. 

SECTION 11. EVENTS OF DEFAULT; REMEDIES ON DEFAULT 
 11.1 Events of Default. Upon the occurrence of any of the following specified events (each, an “Event of Default”), if the same shall occur for any reason whatsoever,
whether voluntary or involuntary, by operation of law or otherwise: 
 11.1.1 Payments. Any Borrower shall
(a) default in the payment when due of any principal of the Loans or (b) default in the payment when due of any interest on the Loans or any fees or any other amounts owing hereunder or under any other Loan Document and, so long as no Cash
Dominion Event exists, such default shall continue for five or more days; or 
 11.1.2 Representations, etc. Any
representation, warranty or statement made or deemed made by any Loan Party herein or in any Security Document or any certificate, statement, report or other document delivered or required to be delivered pursuant hereto or thereto shall prove to be
untrue in any material respect on the date as of which made or deemed made; or 
 11.1.3 Covenants. Any Loan Party
shall: 
 (a) default in the due performance or observance by it of any term, covenant or agreement contained in
Section 10.1.1(h), Section 10.1.14, Section 10.2 or Section 10.3; 
 (b) default in the due performance or
observance by it of any term, covenant or agreement contained in Section 10.1.1(f) and such default shall continue unremedied for a period of at least ten (10) Business Days (which period is shortened to four (4) Business Days if an
FCCR Test Event is continuing) after the earlier of the date on which a Senior Officer of such Loan Party has knowledge of such default and the date of receipt of written notice by such Loan Party from the Agent or the Required Lenders; or

  
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 (c) default in the due performance or observance by it of any term, covenant or agreement
(other than those referred to in Section 11.1.1 or 11.1.2 or clauses (a) or (b) of this Section 11.1.3) contained in this Agreement, any Security Document or the Fee Letter and such default shall continue unremedied for a period
of at least thirty (30) days after receipt of written notice by such Loan Party from the Agent or the Required Lenders; or 

11.1.4 Default Under Other Agreements. (a) Any of the Borrowers or any of the Restricted Subsidiaries shall
(i) default in any payment with respect to any Indebtedness (other than the Obligations) in excess of $50,000,000 in the aggregate, for such Borrowers and such Restricted Subsidiaries, beyond the period of grace, if any, provided in the
instrument or agreement under which such Indebtedness was created or (ii) default in the observance or performance of any agreement or condition relating to any such Indebtedness or contained in any instrument or agreement evidencing, securing
or relating thereto, or any other event shall occur or condition exist (other than, with respect to Indebtedness consisting of any Hedge Agreements, termination events or equivalent events pursuant to the terms of such Hedge Agreements), the effect
of which default or other event or condition is to cause, or to permit the holder or holders of such Indebtedness (or a trustee or agent on behalf of such holder or holders) to cause, any such Indebtedness to become due prior to its stated maturity;
or (b) without limiting the provisions of clause (a) above, any such Indebtedness shall be declared to be due and payable, or required to be prepaid other than by a regularly scheduled required prepayment or as a mandatory prepayment (and,
with respect to Indebtedness consisting of any Hedge Agreements, other than due to a termination event or equivalent event pursuant to the terms of such Hedge Agreements), prior to the stated maturity thereof; or 

11.1.5 Bankruptcy, etc. (a) Any Borrower or any Specified Subsidiary shall commence a voluntary Insolvency Proceeding;
(b) any Foreign Subsidiary that is a Specified Subsidiary, shall commence a voluntary case, proceeding or action under domestic or foreign law relating to bankruptcy, judicial management, insolvency reorganization or relief of debtors
legislation of its jurisdiction of incorporation, in each case as now or hereafter in effect, or any successor thereto; (c) an involuntary Insolvency Proceeding is commenced against any Borrower or any Specified Subsidiary and the petition is
not controverted within 10 days after commencement thereof; (d) an involuntary Insolvency Proceeding is commenced against any Borrower or any Specified Subsidiary and the petition is not dismissed within 60 days after commencement thereof;
(e) a Creditor Representative or similar Person is appointed for, or takes charge of, all or substantially all of the property of any Borrower or any Specified Subsidiary; (f) any Borrower or any Specified Subsidiary commences any other
proceeding or action under any reorganization, arrangement, adjustment of debt, relief of debtors, dissolution, insolvency or liquidation or similar law of any jurisdiction whether now or hereafter in effect relating to any Borrower or any Specified
Subsidiary; (g) there is commenced against any Borrower or any Specified Subsidiary any such proceeding or action that remains undismissed for a period of 60 days; (h) any Borrower or any Specified Subsidiary is adjudicated insolvent or
bankrupt; (i) any order of relief or other order approving any such case or proceeding or action is entered; (j) any Borrower or any Specified Subsidiary suffers any appointment of any Creditor Representative or 

  
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 the like for it or any substantial part of its Property to continue undischarged or unstayed for a period of
60 days; (k) any Borrower or any Specified Subsidiary makes a general assignment for the benefit of creditors; (l) any corporate action is taken by any Borrower or any Specified Subsidiary for the purpose of effecting any of the foregoing; (m)
(i) any UK Borrower or Singapore Borrower, (1) is unable or admits inability to pay its debts as they fall due, (2) suspends making payments on any of its debts or (3) by reason of actual or anticipated financial difficulties,
commences negotiations with one or more of its creditors with a view to rescheduling any of its Indebtedness; or (ii) in respect of any UK Borrower or Singapore Borrower, (1) the value of its assets is less than that of its liabilities
(taking into account contingent and prospective liabilities) or (2) a moratorium or other protection from its creditors is declared or imposed in respect of any its Indebtedness; or (n) any Borrower or any Specified Subsidiary incorporated in
New Zealand (or the New Zealand based assets or business of any other Borrower or Specified Subsidiary) is declared at risk pursuant to the Corporations (Investigation and Management) Act 1989 (New Zealand), or a statutory manager is appointed or
any step taken with a view to any such appointment in respect of it or those assets or business under that Act; or 
 11.1.6
ERISA. (a) Any U.S. Employee Plan shall fail to satisfy the minimum funding standard required for any plan year or part thereof or a waiver of such standard or extension of any amortization period is sought or granted under
Section 412 of the Code; any U.S. Employee Plan is or shall have been terminated or is the subject of termination proceedings under ERISA (including the giving of written notice thereof); an event shall have occurred or a condition shall exist
in either case entitling the PBGC to terminate any U.S. Employee Plan or to appoint a trustee to administer any U.S. Employee Plan (including the giving of written notice thereof); any U.S. Employee Plan shall have an accumulated funding deficiency
(whether or not waived); any Borrower or any Subsidiary or any ERISA Affiliate has incurred or is likely to incur a liability to or on account of a U.S. Employee Plan under Section 409, 502(i), 502(l), 515, 4062, 4063, 4064, 4069, 4201 or 4204
of ERISA or Section 4971 or 4975 of the Code (including the giving of written notice thereof); (b) there could result from any event or events set forth in clause (a) of this Section 11.1.6 the imposition of a lien, the granting
of a security interest, or a liability, or the reasonable likelihood of incurring a lien, security interest or liability; and (c) such lien, security interest or liability will or would be reasonably likely to have a Material Adverse Effect; or

 11.1.7 Canadian Pension Plan and UK Pensions Regulator. (a) (i) A Termination Event shall occur or any
Canadian Multi-Employer Plan shall be terminated, in each case, in circumstances which would result or could reasonably be expected to result in a Canadian Facility Loan Party being required to make a contribution to or in respect of a Canadian
Pension Plan or a Canadian Multi-Employer Plan or results in the appointment, by FSCO, of an administrator to wind up a Canadian Pension Plan, (ii) any Canadian Domiciled Loan Party is in default with respect to any required contributions to a
Canadian Pension Plan, or (iii) any Lien arises (save for contribution amounts not yet due) in connection with any Canadian Pension Plan, provided the events set forth in clauses (i), (ii) and (iii), individually or in the aggregate, could
reasonably be expected to result in a Material Adverse Effect (it being acknowledged that, for purposes of this Section, funding deficiencies and other benefit liabilities existing as of the Closing Date shall be included in the determination of
whether a Material Adverse Effect has occurred or exists); or 

  
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 (b) The Pensions Regulator issues a Financial Support Direction or a Contribution Notice to
any UK Domiciled Loan Party and such Financial Support Direction or Contribution Notice will or would be reasonably likely to have a Material Adverse Effect; or 
 11.1.8 Guarantee. Any Guarantee provided by any Material Subsidiary or any material provision thereof shall cease to be in full force or effect or any such Guarantor thereunder or any Loan
Party shall deny or disaffirm in writing any such Guarantor’s obligations under the Guarantee (or any of the foregoing shall occur with respect to a Guarantee provided by a Subsidiary that is not a Material Subsidiary and shall continue
unremedied for a period of at least 5 Business Days after receipt of written notice to the North American Loan Party Agent from the Agent or the Required Lenders); or 
 11.1.9 Security Documents. Any Security Document pursuant to which the assets of any Borrower or any Material Subsidiary are pledged as Collateral or any material provision thereof shall
cease to be in full force or effect (other than pursuant to the terms hereof or thereof or as a result of acts or omissions of the Agent, any Security Trustee or any Lender) or any grantor thereunder or any Loan Party shall deny or disaffirm in
writing any grantor’s obligations under such Security Document (or any of the foregoing shall occur with respect to Collateral provided by a Subsidiary that is not a Material Subsidiary and shall continue unremedied for a period of at least 5
Business Days after receipt of written notice to the North American Loan Party Agent from the Agent or the Required Lenders); or 
 11.1.10 Judgments. One or more judgments or decrees shall be entered against any Borrower or any of the Restricted Subsidiaries involving a liability of $50,000,000 or more in the aggregate
for all such judgments and decrees for the Borrowers and the Restricted Subsidiaries (to the extent not paid or fully covered by insurance provided by a carrier not disputing coverage) and any such judgments or decrees shall not have been satisfied,
vacated, discharged or stayed or bonded pending appeal within 60 days from the entry thereof; or 
 11.1.11 Change of
Control. A Change of Control shall occur; or 
 11.1.12 Intercreditor; Subordination. The Intercreditor
Agreement shall be invalidated or otherwise cease to constitute the legal, valid and binding obligations of the Senior Secured Notes Secured Parties (as defined therein) and the Subordinated Lien Secured Parties (as defined therein), enforceable in
accordance with its terms (to the extent that any Indebtedness held by such parties remains outstanding) or the subordination provisions of any document or instrument evidencing any Permitted Additional Debt or other Subordinated Indebtedness having
a principal amount in excess of $15,000,000 that are subordinated shall be invalidated or otherwise cease to be legal, valid and binding obligations of the holders of such Permitted Additional Debt or other Subordinated Indebtedness, enforceable in
accordance with their terms; 
 then, (1) upon the occurrence of any Event of Default described in Section 11.1.5, automatically, and
(2) upon the occurrence of any other Event of Default, at the request of (or with the consent of) Required Lenders, upon notice to the Borrowers by the Agent, (A) the Commitment of each Lender and the obligation of any Fronting Bank to
issue any Letter of Credit shall immediately terminate; (B) each of the following shall immediately become due and payable, in each case without presentment, demand, protest or other requirements of any kind, all of which are hereby 

  
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 expressly waived by each Loan Party: (I) the unpaid principal amount of and accrued interest on the
Loans, (II) an amount equal to the maximum amount that may at any time be drawn under all Letters of Credit then outstanding (regardless of whether any beneficiary under any such Letter of Credit shall have presented, or shall be entitled at such
time to present, the drafts or other documents or certificates required to draw under such Letters of Credit), and (III) all other Obligations; provided, the foregoing shall not affect in any way the obligations of Lenders under
Sections 2.2.2, 2.3.2, 2.4.2, 2.5.2, 2.6.2, 2.7.2, 2.8.2, or 2.9.2; (C) the Agent and Security Trustees may enforce any and all Liens and security interests created pursuant to Security Documents; and (D) the Agent shall direct the
Borrowers to pay (and each Borrower hereby agrees upon receipt of such notice, or upon the occurrence of any Event of Default specified in Section 11.1.5 to pay) to the Agent such additional amounts of cash as reasonably requested by any
Fronting Bank, to be held as security for the Borrowers’ reimbursement Obligations in respect of Letters of Credit then outstanding. 
 11.2 License. Agent is hereby granted an irrevocable (during the continuance of an Event of Default), non-exclusive license or other right to use, license or sub-license (without payment of
royalty or other compensation to any Loan Party) any or all intellectual property of Loan Parties, computer hardware and software, trade secrets, brochures, customer lists, promotional and advertising materials, labels, packaging materials and other
Property, in advertising for sale, marketing, selling, collecting, completing manufacture of, or otherwise exercising any rights or remedies with respect to, any Collateral. Each Loan Party’s rights and interests under intellectual property
shall inure to Agent’s benefit. 
 11.3 Setoff. At any time during the continuation of an Event of Default,
each of the Agent, any Fronting Bank, any Lender, and any of their Affiliates is authorized, to the fullest extent permitted by Applicable Law, to set off and apply any and all deposits (general or special, time or demand, provisional or final, in
whatever currency) at any time held and other obligations (in whatever currency) at any time owing by the Agent, Fronting Bank, such Lender or such Affiliate to or for the credit or the account of a Loan Party against any Obligations, irrespective
of whether or not the Agent, such Fronting Bank, such Lender or such Affiliate shall have made any demand under this Agreement or any other Loan Document and although such Obligations may be contingent or unmatured or are owed to a branch or office
of the Agent, such Fronting Bank, such Lender or such Affiliate different from the branch or office holding such deposit or obligated on such indebtedness. The rights of the Agent, each Fronting Bank, each Lender and each such Affiliate under this
Section 11.3 are in addition to other rights and remedies (including other rights of setoff) that such Person may have. 

11.4 Remedies Cumulative; No Waiver. 
 11.4.1 Cumulative Rights. All agreements, warranties, guaranties, indemnities and other undertakings of Loan Parties under the Credit Documents are cumulative and not in derogation of each
other. The rights and remedies of the Agent and Lenders are cumulative, may be exercised at any time and from time to time, concurrently or in any order, and are not exclusive of any other rights or remedies available by agreement, by law, at equity
or otherwise. All such rights and remedies shall continue in full force and effect until Full Payment of all Obligations. 

  
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 11.4.2 Waivers. No waiver or course of dealing shall be established by
(a) the failure or delay of the Agent or any Lender to require strict performance by Loan Parties with any terms of the Loan Documents, or to exercise any rights or remedies with respect to Collateral or otherwise; (b) the making of any
Loan or issuance of any Letter of Credit during a Default, Event of Default or other failure to satisfy any conditions precedent; or (c) acceptance by the Agent or any Lender of any payment or performance by a Loan Party under any Loan
Documents in a manner other than that specified therein. It is expressly acknowledged by Loan Parties that any failure to satisfy a financial covenant on a measurement date shall not be cured or remedied by satisfaction of such covenant on a
subsequent date. 
 11.5 Judgment Currency. If, for the purpose of obtaining judgment in any court or obtaining an
order enforcing a judgment, it becomes necessary to convert any amount due under this Agreement in any a currency (hereinafter in this Section 11.5 called the “first currency”) into any other currency (hereinafter in this
Section 11.5 called the “second currency”), then the conversion shall be made at the Agent’s spot rate of exchange for buying the first currency with the second currency prevailing at the Agent’s close of business on
the Business Day next preceding the day on which the judgment is given or (as the case may be) the order is made. Any payment made by an Loan Party to any Credit Party or any Security Trustee pursuant to this Agreement in the second currency shall
constitute a discharge of the obligations of any applicable Loan Parties to pay to such Credit Party or such Security Trustee any amount originally due to the Credit Party or Security Trustee in the first currency under this Agreement only to the
extent of the amount of the first currency which such Credit Party or such Security Trustee is able, on the date of the receipt by it of such payment in any second currency, to purchase, in accordance with such Credit Party’s or such Security
Trustee’s normal banking procedures, with the amount of such second currency so received. If the amount of the first currency falls short of the amount originally due to such Credit Party or such Security Trustee in the first currency under
this Agreement, Loan Parties agree that they will indemnify each Credit Party and each Security Trustee against and save such Credit Party and such Security Trustee harmless from any shortfall so arising. This indemnity shall constitute an
obligation of each such Loan Party separate and independent from the other obligations contained in this Agreement, shall give rise to a separate and independent cause of action and shall continue in full force and effect notwithstanding any
judgment or order for a liquidated sum or sums in respect of amounts due to any Credit Party or any Security Trustee under any Loan Documents or under any such judgment or order. Any such shortfall shall be deemed to constitute a loss suffered by
such Credit Party or such Security Trustee and Loan Parties shall not be entitled to require any proof or evidence of any actual loss. If the amount of the first currency exceeds the amount originally due to a Credit Party or a Security Trustee in
the first currency under this Agreement, such Credit Party or such Security Trustee shall promptly remit such excess to Loan Parties. The covenants contained in this Section 11.5 shall survive the Full Payment of the Obligations under this
Agreement. 

  
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 SECTION 12. AGENT AND SECURITY TRUSTEES 

12.1 Appointment, Authority and Duties of Agent. 
 12.1.1 Appointment and Authority. 
 (a) Each Secured Party appoints
and designates Bank of America as the Agent under all Loan Documents. The Agent may, and each Secured Party authorizes the Agent to, enter into all Loan Documents to which the Agent is intended to be a party and accept all Security Documents, for
the Agent’s benefit and the Pro Rata benefit of the Secured Parties. Each Secured Party agrees that any action taken by the Agent, Required Borrower Group Lenders or Required Lenders in accordance with the provisions of the Loan Documents, and
the exercise by the Agent or Required Lenders of any rights or remedies set forth therein, together with all other powers reasonably incidental thereto, shall be authorized by and binding upon all Secured Parties. Without limiting the generality of
the foregoing, the Agent, together with the Security Trustees, as applicable, shall have the sole and exclusive authority to (i) act as the disbursing and collecting agent for Lenders with respect to all payments and collections arising in
connection with the Loan Documents; (ii) execute and deliver as the Agent each Loan Document, including any intercreditor or subordination agreement (or joinder thereto), and accept delivery of each Loan Document from any Loan Party or other
Person; (iii) act as collateral agent for Secured Parties for purposes of perfecting and administering Liens under the Loan Documents, and for all other purposes stated therein; (iv) manage, supervise or otherwise deal with Collateral; and
(v) take any Enforcement Action or otherwise exercise any rights or remedies with respect to any Collateral under the Loan Documents, Applicable Law or otherwise. The duties of the Agent shall be ministerial and administrative in nature, and
the Agent shall not have a fiduciary relationship with any Secured Party, Participant or other Person, by reason of any Loan Document or any transaction relating thereto. The Agent alone shall be authorized to determine whether any Accounts or
Inventory constitute Eligible Accounts or Eligible Inventory, whether to impose or release any reserve, or whether any conditions to funding or to issuance of a Letter of Credit have been satisfied, which determinations and judgments, if exercised
in good faith, shall exonerate the Agent from liability to any Lender or other Person for any error in judgment. 
 (b) For the
purposes of creating a solidarité active in accordance with Article 1541 of the Civil Code of Québec between each Secured Party, taken individually, on the one hand, and the Agent, on the other hand, each Loan Party and each such
Secured Party acknowledge and agree with the Agent that such Secured Party and the Agent are hereby conferred the legal status of solidary creditors of each such Loan Party in respect of all Obligations owed by each such Loan Party to the Agent and
such Secured Party hereunder and under the other Loan Documents (collectively, the “Solidary Claim”) and that, accordingly, but subject (for the avoidance of doubt) to Article 1542 of the Civil Code of Québec, each such
Loan Party is irrevocably bound towards the Agent and each Secured Party in respect of the entire Solidary Claim of the Agent and such Secured Party. As a result of the foregoing, the parties hereto acknowledge that the Agent and each Secured Party
shall at all times have a valid and effective right of action for the entire Solidary Claim of the Agent and such Secured Party and the right to give full acquittance for it. Accordingly, and without limiting the generality of the foregoing, the
Agent, as solidary creditor with each Secured Party, shall at all times have a valid 

  
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 and effective right of action in respect of the Solidary Claim and the right to give a full acquittance for
same. By its execution of the Loan Documents to which it is a party, each such Loan Party not a party hereto shall also be deemed to have accepted the stipulations hereinabove provided. The parties further agree and acknowledge that such Liens
(hypothecs) under the Security Documents and the other Loan Documents shall be granted to the Agent, for its own benefit and for the benefit of the Secured Parties, as solidary creditor as hereinabove set forth. 

12.1.2 Duties. The Agent shall not have any duties except those expressly set forth in the Loan Documents. The conferral
upon the Agent of any right shall not imply a duty to exercise such right, unless instructed to do so by Lenders in accordance with this Agreement. 
 12.1.3 Agent Professionals. The Agent may perform its duties through agents and employees. The Agent may consult with and employ Agent Professionals, and shall be entitled to act upon, and
shall be fully protected in any action taken in good faith reliance upon, any advice given by an Agent Professional. The Agent shall not be responsible for the negligence or misconduct of any agents, employees or Agent Professionals selected by it
with reasonable care. 
 12.1.4 Instructions of Required Lenders. The rights and remedies conferred upon the Agent
under the Loan Documents may be exercised without the necessity of joinder of any other party, unless required by Applicable Law. The Agent may request instructions from Required Lenders, Required Borrower Group Lenders or other Secured Parties with
respect to any act (including the failure to act) in connection with any Loan Documents, and may seek assurances to its satisfaction from the Secured Parties of their indemnification obligations against all Claims that could be incurred by the Agent
in connection with any act. The Agent shall be entitled to refrain from any act until it has received such instructions or assurances, and the Agent shall not incur liability to any Person by reason of so refraining. Instructions of Required Lenders
or Required Borrower Group Lenders shall be binding upon all Secured Parties, and no Secured Party shall have any right of action whatsoever against the Agent as a result of the Agent acting or refraining from acting in accordance with the
instructions of Required Lenders or Required Borrower Group Lenders. Notwithstanding the foregoing, instructions by and consent of specific parties shall be required to the extent provided in Section 14.1.1. In no event shall the Agent be
required to take any action that, in its opinion, is contrary to Applicable Law or any Loan Documents or could subject any Agent Indemnitee to personal liability. 
 12.2 European Security Trustee. 
 12.2.1 Appointment of the
European Security Trustee. 
 (a) The European Secured Parties appoint the European Security Trustee to hold
(i) any security interest created by any European Security Agreement; and (ii) the covenants and undertakings of the relevant European Security Agreements, with respect to any jurisdiction where the concept of trust is appropriate, on
trust for the European Secured Parties and with respect to any jurisdiction where the concept of trust is not appropriate, as security agent for the European Secured Parties, and, in each case, the European Security Trustee accepts that appointment.

  
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 (b) The European Security Trustee, its subsidiaries and associated companies may each retain
for its own account and benefit any fee, remuneration and profits paid to it in connection with (i) its activities under the Loan Documents and (ii) its engagement in any kind of banking or other business with any Loan Party. 

12.2.2 Delegation. The European Security Trustee may delegate to any Person on such terms (which may include the power to
sub-delegate) and subject to such conditions as it thinks fit, all or any of the rights, powers, authorities and discretions vested in it by any of the Loan Documents. 
 12.2.3 Separate Security Trustees. 
 (a) The European Security
Trustee may (whether for the purpose of complying with any law or regulation of any overseas jurisdiction, or for any other reason) appoint any Person to act jointly with the European Security Trustee either as a separate trustee or as a co-trustee
(each an “Appointee”) on such terms and subject to such conditions as the European Security Trustee thinks fit and with such of the rights, powers, authorities and discretions vested in the European Security Trustee by any Loan
Document as may be conferred by the instrument of appointment of the Appointee. 
 (b) The European Security Trustee may pay
reasonable remuneration to any Appointee, together with any costs and expenses (including legal fees) reasonably incurred by the Appointee in connection with its appointment. All such remuneration, costs and expenses shall be treated, for the
purposes of this Agreement, as paid or incurred by the European Security Trustee. 
 12.2.4 The European Security
Agreements. 
 (a) Each European Secured Party confirms its approval of the relevant European Security Agreements and of
any security interest intended to be created under it, and authorizes and instructs the European Security Trustee to execute and deliver the relevant European Security Agreements. 

(b) The European Security Trustee may accept without enquiry the title (if any) which any Person may have to any assets over which
security interest is intended to be created by the relevant European Security Agreements, and shall not be liable to any other party for any defect in or failure of any such title. 

(c) The European Security Trustee shall not be (i) liable or responsible to any European Secured Party for any failure to perfect,
protect, register, make any filing or give notice in respect of the security interest intended to be created by the relevant European Security Agreements, unless that failure arises directly from its own gross negligence or wilful misconduct;
(ii) obliged to insure any assets over which security interest is intended to be created by the relevant European Security Agreements, to require any other person to maintain any such insurance, or to make any enquiry or conduct any
investigation into the legality, validity, effectiveness, adequacy or enforceability of any insurance existing over any such asset; or (iii) obliged to hold in its own possession the relevant European Security Agreements, title deed or other
document relating to any assets over which security interest is intended to be created by the relevant European Security Agreements. 

  
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 12.2.5 Security Trustee as Proprietor. Each European Secured Party confirms
that it does not wish to be registered as a joint proprietor of any mortgage or charge created pursuant to the relevant European Security Agreements and accordingly (a) authorizes the European Security Trustee to hold such mortgages and charges
in its sole name as trustee for the European Secured Parties; and (b) requests the Land Registry (or other relevant registry) to register the European Security Trustee as a sole proprietor (or heritable creditor, as the case may be) of any such
mortgage or charge. 
 12.2.6 Investments. Except to the extent that a European Security Agreement otherwise
requires, any moneys received by the European Security Trustee under or pursuant to a European Security Agreement may be (a) invested in any investments which it may select and which are authorized by Applicable Law; or (b) placed on
deposit at any bank or institution (including itself) on such terms as it may think fit, in each case in the name or under the control of the European Security Trustee, and those moneys, together with any accrued income (net of any applicable Tax)
shall be held by the European Security Trustee to the order of the Agent, and shall be payable to the Agent on demand. 

12.2.7 European Secured Parties’ Indemnity to the European Security Trustee. Each European Secured Party shall
indemnify the European Security Trustee, its delegates and sub-delegates and Appointees (each an “Indemnified Party”), within three Business Days of demand, against any cost, loss or liability incurred by the European Security
Trustee or the relevant Indemnified Party (otherwise than by reason of the gross negligence or wilful misconduct of the European Security Trustee or that Indemnified Party) in acting as European Security Trustee or its delegate, sub-delegate or
Appointee under the relevant European Security Agreements (except to the extent that the European Security Trustee, or the relevant Indemnified Party has been reimbursed by any Loan Party pursuant to the relevant European Security Agreements).

 12.2.8 Conduct of business by the European Security Trustee. No provision of this Agreement will
(a) interfere with the right of the European Security Trustee to arrange its affairs (tax or otherwise) in whatever manner it thinks fit; (b) oblige the European Security Trustee to investigate or claim any credit, relief, remission or
repayment available to it or the extent, order and manner of any claim; or (c) oblige the European Security Trustee to disclose any information relating to its affairs (tax or otherwise) or any computations in respect of tax. 

12.2.9 Liability of European Security Trustee. 
 (a) The European Security Trustee shall not nor shall any of its officers, employees or agents from time to time be responsible for: (i) the adequacy, accuracy and/or completeness of any information
(whether oral or written) supplied by any Loan Party or any other person given in or in connection with the relevant European Security Agreements; or (ii) the legality, validity, effectiveness, adequacy or enforceability of the relevant
European Security Agreements or any other agreement, arrangement or document entered into, made or executed in anticipation of or in connection with the relevant European Security Agreements. 

  
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 (b) Without limiting Section 12.2.9(a), the European Security Trustee shall not be
liable for any action taken by it or not taken by it under or in connection with the relevant European Security Agreements, unless directly caused by its gross negligence or wilful misconduct. 

(c) No party (other than the European Security Trustee) may take any proceedings against any officer, employee or agent of the European
Security Trustee in respect of any claim it might have against the European Security Trustee or in respect of any act or omission of any kind by that officer, employee or agent in relation to the relevant European Security Agreements and any
officer, employee or agent of the European Security Trustee may rely on this Clause 12.2.9 and the provisions of the Contracts (Rights of Third Parties) Act 1999. 
 (d) The European Security Trustee shall not be liable for any delay (or any related consequences) in crediting an account with an amount required under the Loan Documents to be paid by the European
Security Trustee, if the European Security Trustee has taken all necessary steps as soon as reasonably practicable to comply with the regulations or operating procedures of any recognized clearing or settlement system used by the European Security
Trustee for that purpose. 
 (e) Without affecting the responsibility of the Loan Parties for information supplied by them or on
their behalf in connection with any Loan Document, each European Secured Party confirms to the European Security Trustee that it has been, and shall continue to be, solely responsible for making its own independent appraisal and investigation of all
risks arising under or in connection with the relevant European Security Agreements including but not limited to: (i) the financial condition, status and nature of the Loan Parties; (ii) the legality, validity, effectiveness, adequacy or
enforceability of the relevant European Security Agreements and any other agreement, arrangement or document entered into, made or executed in anticipation of, under or in connection with the relevant European Security Agreements; (iii) whether
such European Secured Party has recourse, and the nature and extent of that recourse, against any party or any of its respective assets under or in connection with any Loan Document, the transactions contemplated by the European Security Agreements
or any other agreement, arrangement or document entered into, made or executed in anticipation of, under or in connection with the relevant European Security Agreements; and (iv) the adequacy, accuracy and/or completeness of any information
provided by any person under or in connection with the relevant European Security Agreements, the transactions contemplated by the relevant European Security Agreements or any other agreement, arrangement or document entered into, made or executed
in anticipation of, under or in connection with the relevant European Security Agreements. 
 12.2.10 European Security
Agreements. 
 (a) The European Security Trustee shall accept without investigation, requisition or objection, such
title as any person may have to the assets which are subject to the relevant European Security Agreements and shall not (i) be bound or concerned to examine or enquire into the title of any person; (ii) be liable for any defect or failure
in the title of any person, whether that defect or failure was known to the European Security Trustee or might have been discovered upon examination or enquiry and whether capable of remedy or not; or (iii) be 

  
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 liable for any failure on its part to give notice of the relevant European Security Agreements to any third
party or otherwise perfect or register the security interests created by the relevant European Security Agreements (unless such failure arises directly from the European Security Trustee’s gross negligence or wilful misconduct). 

(b) The European Security Trustee shall hold the relevant European Security Agreements and all proceeds of enforcement of them on trust
for the European Secured Parties on the terms and conditions of this Agreement. 
 (c) The relevant European Security Agreements
shall rank as continuing security interest for the discharge of the liabilities secured by it. 
 12.2.11
Disposals. 
 (a) Subject to Section 12.4.1, the Security Trustee is authorized by each of the European Secured
Parties to execute on behalf of itself and each such European Secured Party without the need for any further referral to or authority from such European Secured Party, any release of the security interests created by the relevant European Security
Agreements over that asset and, if such asset comprises all of the shares in any Loan Party, the European Security Trustee is further authorized, without the need for any further referral to or authority from such European Secured Party, to execute
a release of any security interests granted by such Loan Party over its assets pursuant to any of the European Security Agreements provided that in each such case the proceeds are applied in the manner provided for in this Agreement as if they were
realizations pursuant to the relevant European Security Agreements. 
 (b) Each European Secured Party undertakes to execute
such releases and other documents as may be necessary to give effect to the releases specified in Section 12.2.11(a). 

12.2.12 Trust. The perpetuity period for each trust created by this Agreement shall be 125 years. 

12.2.13 Parallel Debt Obligations. In order to ensure the continuing validity of the security interests governed by Dutch
law or Belgian law (a) each Dutch Domiciled Loan Party and each Belgian Domiciled Loan Party irrevocably and unconditionally undertakes (that undertaking in respect of any amount, a “Parallel Debt Obligation” and in respect of all
of them, the “Parallel Debt Obligations”) to pay to the European Security Trustee an amount equal to and in the same currency as all amounts from time to time due and payable by that Loan Party to the Lenders under the Credit
Documents (the obligations to the Lenders in respect of any amount and a certain currency, an “Original Obligation” and its obligations to the Lenders in respect of all of them, the “Original Obligations”); (b) the
Parallel Debt Obligations shall be separate from and independent of the Original Obligations, so that the European Security Trustee will have an independent right to demand performance of any Parallel Debt Obligation; (c) the Parallel Debt
Obligations shall be owed to the European Security Trustee in its own name and any European Security Agreement governed by Dutch law or Belgian law shall also be expanded to secure the Parallel Debt Obligations; (d) the Lenders, the Loan Parties and
the European Security Trustee acknowledge that the European Security Trustee acts in its own name and not as an agent or 

  
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 representative of the Lenders and the security interests governed by Dutch law or Belgian law created in
favor of the European Security Trustee will not be held on trust; (e) other than as set out in Section 12.2.13(f), the Parallel Debt Obligations shall not limit or affect the existence of the Original Obligations, for which the Lenders shall
have an independent right to demand performance (to the extent permitted by this Agreement); (f) payment by the Loan Parties of any Parallel Debt Obligation shall to the same extent decrease and be a good discharge of the corresponding Original
Obligation owing to the Lenders and payment by the Loan Parties of any Original Obligations to the Lenders shall to the same extent decrease and be a good discharge of the corresponding Parallel Debt Obligation owing by it to the European Security
Trustee; and (g) without limiting or affecting the European Security Trustee’s right to protect, preserve or enforce its rights under any European Security Agreements governed by Dutch law or Belgian law, the European Security Trustee
undertakes to the Lenders not to exercise its rights in respect of any Parallel Debt Obligation without the consent of the Agent. Notwithstanding clause (f) above, no Loan Party may pay any Parallel Debt Obligation other than at the instruction
of, and in the manner determined by, the European Security Trustee. For the avoidance of doubt, the Parallel Debt Obligations will become due and payable (opeisbaar) at the same time as the corresponding Original Obligations. 

12.2.14 Appointment and Retirement of European Security Trustee. The European Security Trustee (a) subject to the
appointment of a successor (in consultation with the European Loan Party Agent) may, and must if the Agent requires, retire at any time from its position as European Security Trustee under the Loan Documents without assigning any reason, and
(b) must give notice of its intention to retire by giving to the other European Secured Parties and the European Loan Party Agent not less than 30 days’ nor more than 60 days’ notice. 

12.2.15 Appointment of Successor. The Agent may, with the approval of the European Loan Party Agent (such approval not to
be unreasonably withheld) other than during the continuation of an Event of Default, appoint a successor to the European Security Trustee, during the period of notice in Section 12.2.14. If no successor is appointed by the Agent, the European
Security Trustee may appoint (after consultation with the Agent and the European Loan Party Agent) its successor. The European Secured Parties shall promptly enter into any agreements that the successor may reasonably require to effect its
appointment. 
 12.2.16 Discharge of European Security Trustee. From the date that the appointment of the
successor is effected under Section 12.2.14, the retiring European Security Trustee must be discharged from any further obligations under the Loan Documents as European Security Trustee, and the successor to the European Security Trustee and
each of the other European Secured Parties have the same rights and obligations between themselves as they would have had if the successor had been a party to those Loan Documents. 

12.3 AUS-NZ Security Trustee 
 12.3.1 Appointment of AUS-NZ Security Trustee by Australian Facility Secured Parties. The AUS-NZ Security Trustee is (a) appointed by Australian Facility Secured Parties to act as
trustee of the Australian Security Trust and as the AUS-NZ Security Trustee for the purpose of the Loan Documents; and (b) irrevocably authorised to enter into the Loan Documents in its capacity as trustee of the Australian Security Trust and
to take the action on its behalf and to exercise the rights that are expressly or by implication delegated to the AUS-NZ Security Trustee by a Loan Document and any other action or rights that are reasonably incidental. 

  
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 12.3.2 Additional Australian Facility Security Parties; Transfers by
Australian Lenders. An Australian Lender must not assign, encumber, declare a trust over or otherwise deal with any of its rights or novate any of its rights and obligations under any of the Loan Documents to any person other than as
permitted by this Agreement and the other Loan Documents. 
 12.3.3 Notice of Change: (a) An Australian
Facility Secured Party must promptly notify the Agent of any assignment, encumbrance, declaration of trust over or other dealing with or novation of that Australian Facility Secured Party’s rights, benefits or obligations under any Credit
Document; and (b) the AUS-NZ Security Trustee may treat each Australian Facility Secured Party (or any assignee or substitute Australian Facility Secured Party of which the AUS-NZ Security Trustee has actual notice) as the holder of the benefit
of that Australian Facility Secured Party’s interests under the Credit Documents unless and until it receives notice under Section 12.3.3 to the contrary. 
 12.3.4 Distribution of Recoveries. If at any time the AUS-NZ Security Trustee receives money under a Loan Document that is available for distribution, whether or not it represents the
proceeds of recovery action taken under any Loan Document, then the AUS-NZ Security Trustee must, subject to any Applicable Law to the contrary including section 140 of the PPSA Australia, distribute that money in accordance with this Agreement.

 12.3.5 Included as money. Money referred to in Section 12.3.4 includes money that is received by the
AUS-NZ Security Trustee before enforcement proceedings are commenced under a Loan Document in relation to any Australian Facility Collateral but which has not been distributed by that time. 

12.3.6 Not included as money. Subject to a contrary decision by the Agent (acting on the instructions of the relevant
Required Borrower Group Lenders), the money referred to in Section 12.3.4 does not constitute recovered money (being the aggregate amount received in accordance with Section 5.5 that has not been distributed under this Agreement) if the
money is deposited in an interest bearing suspense account under a Loan Document. 
 12.3.7 Notices and
Instructions. The AUS-NZ Security Trustee must: (a) promptly send to each Australian Facility Secured Party details of each communication and document received by it from the Agent or an Australian Domiciled Loan Party in connection
with the Loan Documents, unless the details are of a purely routine or administrative nature; (b) subject to the other provisions of this Agreement, act in accordance with any instructions from the Agent (acting on the instructions of the
relevant Required Borrower Group Lenders) or, if so instructed by them, refrain from exercising rights vested in it under the Loan Documents; and (c) promptly notify the Agent of any Event of Default of which the AUS-NZ Security Trustee, acting
in its capacity as AUS-NZ Security Trustee, acquires actual knowledge and of which the Agent does not have actual knowledge. 

  
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 12.3.8 Limitation on duties. The AUS-NZ Security Trustee has only those
duties, obligations and responsibilities expressly specified in the Loan Documents. 
 12.3.9 Instructions, Powers and
Discretion. Subject to the other provisions of this Section 12.3.9 and except in relation to amounts due to the AUS-NZ Security Trustee in its own right, the AUS-NZ Security Trustee agrees to act in accordance with the instructions of
the Agent (acting on the instructions of the relevant Required Borrower Group Lenders) in exercising its rights under the Loan Documents. 
 12.3.10 Exercise of Rights. The AUS-NZ Security Trustee in its capacity as AUS-NZ Security Trustee must not, without the prior written instructions of the Agent, (a) exercise rights
delegated to or conferred on it under the Loan Documents; or (b) waive any breach of or otherwise excuse performance of any obligation of an Australian Domiciled Loan Party under any Loan Document. 

12.3.11 Instructions Binding. Any instruction given to or action taken by the AUS-NZ Security Trustee in accordance with
this Agreement is binding on all Australian Facility Secured Parties and each Australian Facility Secured Party authorises the AUS-NZ Security Trustee to give any consent and do any other matter or thing necessary or appropriate to give effect to
the instruction. 
 12.3.12 Instructions Given by Agent. The instructions referred to in this Section 12.3.12
(and any other provisions in this Section 12.3 requiring the Agent to seek or act in accordance with the Required Borrower Group Lenders’ or all Australian Lenders’ consent, authority or instructions) are deemed to be given in
accordance with this Agreement, if the Agent communicates such consent, authority or instructions to the AUS-NZ Security Trustee and states that the consent, authority or instructions were given or obtained in accordance with this Agreement. In such
event, the AUS-NZ Security Trustee need not enquire whether the Required Borrower Group Lenders or all Australian Lenders have given the requisite consent, authority or instructions to the Agent. 

12.3.13 Australian Facility Secured Party Rights. If (in the reasonable opinion of the Agent) the AUS-NZ Security Trustee
fails to act in accordance with any instructions given to it under this Agreement (and within a time deemed reasonable by the Agent), each Australian Facility Secured Party has a right to exercise the rights of the AUS-NZ Security Trustee to enable
that instruction to be effected. 
 12.3.14 AUS-NZ Security Trustee’s Rights. The AUS-NZ Security Trustee may
(a) perform any of its duties, obligations and responsibilities under the Loan Documents by or through its agents and representatives; (b) refrain from exercising any rights vested in it under the Loan Documents until it has received
instructions from the Agent, as to whether (and, if it is to be exercised, the way in which) that right is to be exercised and in all cases will not incur any liability when (i) acting in accordance with those instructions or
(ii) refraining from acting, either in accordance with those instructions or in the absence of those instructions; (c) refrain from doing anything that would or might in its opinion be contrary to any Applicable Law or directive or
otherwise render it liable to any Person and may do anything which is, in its opinion, necessary to comply with any Applicable Law or directive; (d) assume that no Default or Event 

  
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 of Default has occurred unless the AUS-NZ Security Trustee acquires actual knowledge to the contrary;
(e) refrain from taking any step (or further step) to protect or enforce the rights of any Australian Facility Secured Party under the Loan Documents until it has been indemnified or secured to its reasonable satisfaction against any and all
Claims which it would or might sustain or incur as a result; (f) hold any of the Loan Documents and any other related documents with any financial institution or reputable Person whose business includes undertaking the safe custody of documents
or any lawyer or firm of lawyers selected by the AUS-NZ Security Trustee, and the AUS-NZ Security Trustee is not responsible for any Claims incurred in connection with the deposit of those documents and may pay all sums required to be paid on
account or in respect of any deposit of those documents; (g) in the conduct of any trust, instead of acting personally, employ and pay an agent, being a lawyer, or other professional person, to transact or conduct, or concur in doing all acts
required to be done by the AUS-NZ Security Trustee (including the receipt and payment of money); and (h) appoint further or additional trustees for the purpose of giving valid receipts without being liable for the actions of those trustees.

 12.3.15 Australian Facility Security Party to Provide Statement. The AUS-NZ Security Trustee may at any time
request (through the Agent or directly) an Australian Facility Secured Party to provide a statement setting out (a) as at the date of the statement or any other relevant date specified by the AUS-NZ Security Trustee, the Australian Facility
Secured Obligations owing to such Australian Facility Secured Party; (b) any other information (including documents) that the AUS-NZ Security Trustee may reasonably require in relation to the details and calculations of the amounts under this
Section 12.3.15; (c) if the AUS-NZ Security Trustee requests an Australian Facility Secured Party to provide a statement under this Section 12.3.15 the Australian Facility Secured Party must provide that statement within a reasonable
time; (d) The AUS-NZ Security Trustee, as between itself and the other Australian Facility Secured Parties, may rely on the statement referred to in this Section 12.3.15 as conclusive evidence of its contents, unless (i) the contrary
is proved, or (ii) the AUS-NZ Security Trustee determines it is not reasonably satisfied as to the correctness of those amounts. 
 12.3.16 The AUS-NZ Security Trustee may Delegate. (a) If the AUS-NZ Security Trustee, in its sole discretion, considers that delegation is desirable in assisting the AUS-NZ Security
Trustee to perform its functions under the Loan Documents, the AUS-NZ Security Trustee may delegate to any person or fluctuating body of persons all or any of the duties, trusts, powers, authorities and discretions vested in the AUS-NZ Security
Trustee under or in connection with the Loan Documents; and (b) any delegation under this Section 12.3.16 may be (i) by power of attorney or in any other manner as the AUS-NZ Security Trustee may think fit; and (ii) made on the
terms and conditions (including power to sub delegate) as the AUS-NZ Security Trustee may think fit (but the terms and conditions must not be inconsistent with any of the provision of the Loan Documents. 

12.3.17 AUS-NZ Security Trustee’s Further Rights. The AUS-NZ Security Trustee may (a) rely on any communication
or document believed by it to be genuine; (b) rely, as to any matter of fact that might reasonably be expected to be within the knowledge of a Loan Party, on a statement by or on their behalf; (c) obtain and pay for legal or other expert
advice or services that may to it seem necessary or desirable and rely on that advice; (d) retain for its own benefit, and without liability to account, any fee or other sum receivable by it for its own account; and (e) accept deposits
from, lend money to, provide any advisory or other services to or engage in any kind of banking or other business with any party to the Loan Documents and any Affiliates of any party (and, in each case, may do so without liability to account).

  
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 12.3.18 AUS-NZ Security Trustee as Australian Facility Secured Party. The
AUS-NZ Security Trustee, in its capacity as a Credit Party (if applicable), has the same rights under this document as any other Credit Party and may exercise those rights as if it were not acting as AUS-NZ Security Trustee. 

12.3.19 AUS-NZ Security Trustee’s Exoneration. The AUS-NZ Security Trustee is not (a) responsible for the
adequacy, accuracy or completeness of any representation, warranty, statement or information in the Loan Documents or any notice or other document delivered under or referred to in the Loan Documents; (b) responsible for the execution,
delivery, validity, legality, adequacy, enforceability or admissibility in evidence of the Loan Documents; (c) required to (i) take any action with respect to the PPSA Australia, other than as directed by the Agent; or (ii) monitor
the PPSA Australia or the implementation of it; (c) obliged to enquire as to the occurrence or continuation of an Event of Default or Default; (d) under any obligations other than those for which express provision is made in a Loan
Document to which it is a party; (e) liable for anything done or not done by it under or in connection with the Loan Documents except in the case of fraud gross negligence or wilful misconduct by the AUS-NZ Security Trustee or any of its agents
or representatives; or (f) liable for anything done or not done by any receiver or manager under or in connection with the Australian Facility Collateral. 
 12.3.20 Capacity. This Agreement and the other Loan Documents only bind the AUS-NZ Security Trustee in its capacity as AUS-NZ Security Trustee and any obligation of the AUS-NZ Security
Trustee under this Agreement or the other Loan Documents applies to the AUS-NZ Security Trustee in its capacity as AUS-NZ Security Trustee. 
 12.3.21 Limited on Liability. No Person to whom the AUS-NZ Security Trustee is liable under this Agreement or any other Loan Document is entitled to have recourse in satisfaction of such
liability to any assets held by the AUS-NZ Security Trustee in its personal capacity or in its capacity as trustee of any trust other than the trust established under and pursuant to the this Agreement and the recourse of any such person is limited
to the Australian Trust Fund. The AUS-NZ Security Trustee is not liable for any act (or omission) if it acts (or refrains from acting) in accordance with the instructions of Agent, provided that Agent is entitled to give those instructions under and
in accordance with the Loan Documents. The provisions of this section 12.3.21 will not apply to any obligation or liability of the AUS-NZ Security Trustee to the extent that it is not satisfied because there is a reduction in the extent, or an
extinguishment, of the AUS-NZ Security Trustee’s indemnification out of the assets of the Australian Security Trust, as a result of the AUS-NZ Security Trustee’s fraud, gross negligence or wilful default. 

12.3.22 Exoneration. Neither the AUS-NZ Security Trustee nor any of its directors, officers, employees, agents, attorneys
or Affiliates is responsible or liable to any person (a) because a Loan Party does not perform its obligations under the Credit Documents; (b) for the financial condition of the Loan Parties; (c) because any statement, representation
or warranty in a Credit Document given by a party other than the AUS-NZ Security Trustee is 

  
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 incorrect or misleading; (d) for the effectiveness, genuineness, validity, admissibility in evidence or
sufficiency of the Credit Documents or any document signed or delivered in connection with the Credit Documents; (e) for the enforceability of the Credit Documents or any other document signed or delivered in connection with the Credit
Documents against any person (other than the AUS-NZ Security Trustee); (f) for any loss or damage occurring as a result of it exercising, failing to exercise or purporting to exercise any right or power under this Agreement or other Loan
Documents; (g) subject to this Agreement; (i) for the default, negligence or fault of any directors, officers, employees, agents, delegates, attorneys or Affiliates of the AUS-NZ Security Trustee; (ii) for any mistake or omission made
by it or any directors, officers, employees, agents, delegates, attorneys or Affiliates of the AUS-NZ Security Trustee; (iii) for any other matter or thing done, or not done, in relation to the Credit Documents; (h) for any absence of, or
defect in title or for its inability to exercise any of its powers under the Loan Documents; (i) for any failure by a Loan Party to perform its obligations under any Credit Document; (j) for acting in accordance with the provisions of this
Agreement; or (k) for the value, validity, effectiveness, genuineness, enforceability or sufficiency of any Credit Document or any certificate or document given under any of them; except to the extent that the act or omission amounts to fraud,
gross negligence or wilful misconduct by the AUS-NZ Security Trustee or any directors, officers, employees, agents, delegates, attorneys or Affiliates of the AUS-NZ Security Trustee or a gross or wilful breach by it of its obligations under this
Agreement. Without limiting this Section 12.3.22, the AUS-NZ Security Trustee is not responsible or liable to any Person for anything done or not done in connection with this Agreement by the AUS-NZ Security Trustee or its directors, officers,
employees, agents, attorneys or Affiliates except to the extent that the act or omission amounts to fraud, gross negligence or wilful misconduct by the AUS-NZ Security Trustee or a gross or wilful breach by it of its obligations under this
Agreement. 
 12.3.23 No Reliance on AUS-NZ Security Trustee. Each Australian Facility Secured Party confirms that
it has itself been, is at all times and continues to be, solely responsible for making its own independent investigation and appraisal of the business, operations, financial condition, creditworthiness, status and affairs of the Loan Parties and has
not relied, and will not at any time rely, on the AUS-NZ Security Trustee (a) to provide it with any information relating to the business, operations, financial condition, creditworthiness, status or affairs of the Loan Parties, or the
condition, whether coming into its possession before or after providing financial accommodation or facilities to any of the Loan Parties; or (b) to check or enquire into the adequacy, accuracy or completeness of any information provided by the
Loan Parties or any other Person under or in connection with the Loan Documents (whether or not the information has been or is at any time circulated to it by the AUS-NZ Security Trustee). 

12.3.24 Appointment and Retirement of AUS-NZ Security Trustee. The AUS-NZ Security Trustee (a) subject to the
appointment of a successor (in consultation with the Asian Loan Party Agent) may, and must if the Agent requires, retire at any time from its position as AUS-NZ Security Trustee under the Loan Documents without assigning any reason, and
(b) must give notice of its intention to retire by giving to the other Australian Facility Secured Parties and the Asian Loan Party Agent not less than 30 days’ nor more than 60 days’ notice. 

12.3.25 Appointment of Successor. The Agent may, with the approval of the Asian Loan Party Agent (such approval not to be
unreasonably withheld) other than during the continuation of an Event of Default, appoint a successor to the AUS-NZ Security Trustee, during 

  
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 the period of notice in Section 12.3.24. If no successor is appointed by the Agent, the AUS-NZ Security
Trustee (after consulting with Agent and the Asian Loan Party Agent) may appoint its successor. The Australian Facility Secured Parties shall promptly enter into any agreements that the successor may reasonably require to effect its appointment.

 12.3.26 Discharge of AUS-NZ Security Trustee. From the date that the appointment of the successor is effected
under Section 12.3.25, the retiring AUS-NZ Security Trustee must be discharged from any further obligations under the Loan Documents as AUS-NZ Security Trustee, and the successor to the AUS-NZ Security Trustee and each of the other Australian
Facility Secured Parties have the same rights and obligations between themselves as they would have had if the successor had been a party to those Loan Documents. 
 12.3.27 Australian Facility Secured Parties to Indemnify AUS-NZ Security Trustee. To the extent that the Loan Parties do not do so on demand or are not obliged to do so, each Australian
Facility Secured Party must on demand indemnify the AUS-NZ Security Trustee against any Claims sustained or incurred by the AUS-NZ Security Trustee in (a) complying with any instructions from the Agent or the Australian Facility Secured
Parties; (b) otherwise sustained or incurred by it in connection with the Loan Documents or its duties, obligations and responsibilities under the Loan Documents; or (c) as a result of appointing a receiver or manager under any of the
Australian Facility Collateral, except to the extent that the Claim is sustained or incurred as a result of the fraud, gross negligence or willful misconduct of the AUS-NZ Security Trustee or any of its representatives. When there are no Australian
Facility Secured Obligations (including, anything that is reasonably foreseeable as falling within the definition of Australian Facility Secured Obligations) in relation to an Australian Facility Secured Party and the relevant Australian Facility
Secured Party is not committed or obliged to make advances or provide any other financial accommodation to the Australian Domiciled Loan Parties, the relevant Australian Facility Secured Party ceases to be an Australian Facility Secured Party on
notice in writing to that effect from the Agent and the AUS-NZ Security Trustee. 
 12.3.28 Australian Facility Secured
Party Notice to Cease. An Australian Facility Secured Party may, by notice to that effect to the AUS-NZ Security Trustee, cease to be an Australian Facility Secured Party. 

12.3.29 Waiver and Exercise of Rights: The AUS-NZ Security Trustee’s failure or delay to exercise a power or right
does not operate as a waiver of that power or right and the exercise of a power or right does not preclude either its exercise in the future or the exercise of any other power or right. A waiver is not effective unless it is in writing and waiver of
a power or right is effective only in respect of the specific instance to which it relates and for the specific purpose for which it is given. 
 12.4 Agreements Regarding Collateral and Field Examination Reports. 

12.4.1 Lien Releases; Care of Collateral. 
 (a) Australian Facility Secured Parties authorize the Agent and AUS-NZ Security Trustee to release any Lien with respect to any Australian Facility Collateral (i) upon Full Payment of the Australian
Facility Obligations; (ii) that the Asian Loan Party Agent certifies 

  
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 in writing to the Agent is subject to a disposal permitted under Section 10.2.4 or a Lien which the
Asian Loan Party Agent certifies is permitted under Section 10.2.2 and entitled to priority over the Agent’s and AUS-Security Trustee’s Liens (and the Agent or the AUS-NZ Security Trustee, as applicable, may rely conclusively on any
such certificate without further inquiry); (iii) that does not constitute a material part of the Australian Facility Collateral; (iv) following an Event of Default, in connection with an enforcement action and realization on Australian
Facility Collateral; or (v) with the written consent of all Australian Lenders. 
 (b) Belgian Facility Secured Parties
authorize the Agent and European Security Trustee to release any Lien with respect to any Belgian Facility Collateral (i) upon Full Payment of the Belgian Facility Obligations; (ii) that the European Loan Party Agent certifies in writing
to the Agent is subject to a disposal permitted under Section 10.2.4 or a Lien which the European Loan Party Agent certifies is permitted under Section 10.2.2 and entitled to priority over the Agent’s and European Security
Trustee’s Liens (and the Agent or the European Trustee, as applicable, may rely conclusively on any such certificate without further inquiry); (iii) that does not constitute a material part of the Belgian Facility Collateral;
(iv) following an Event of Default, in connection with an enforcement action and realization on Belgian Facility Collateral; or (v) with the written consent of all Belgian Lenders. 

(c) Canadian Facility Secured Parties authorize the Agent to release any Lien with respect to any Canadian Facility Collateral
(i) upon Full Payment of the Canadian Facility Obligations; (ii) that the North American Loan Party Agent certifies in writing to the Agent is subject to a disposal permitted under Section 10.2.4 or a Lien which the North American
Loan Party Agent certifies is permitted under Section 10.2.2 and entitled to priority over the Agent’s Liens (and the Agent may rely conclusively on any such certificate without further inquiry); (iii) that does not constitute a
material part of the Canadian Facility Collateral; (iv) following an Event of Default, in connection with an enforcement action and realization on Canadian Facility Collateral; or (v) with the written consent of all Canadian Lenders.

 (d) Dutch Facility Secured Parties authorize the Agent and European Security Trustee to release any Lien with respect to any
Dutch Facility Collateral (i) upon Full Payment of the Dutch Facility Obligations; (ii) that the European Loan Party Agent certifies in writing to the Agent is subject to a disposal permitted under Section 10.2.4 or a Lien which the
European Loan Party Agent certifies is permitted under Section 10.2.2 and entitled to priority over the Agent’s and European Security Trustee’s Liens (and the Agent or the European Trustee, as applicable, may rely conclusively on any
such certificate without further inquiry); (iii) that does not constitute a material part of the Dutch Facility Collateral; (iv) following an Event of Default, in connection with an enforcement action and realization on Dutch Facility
Collateral; or (v) with the written consent of all Dutch Lenders. 
 (e) New Zealand Facility Secured Parties authorize the
Agent and AUS-NZ Security Trustee to release any Lien with respect to any New Zealand Facility Collateral (i) upon Full Payment of the New Zealand Facility Obligations; (ii) that the Asian Loan Party Agent certifies in writing to the Agent
is subject to a disposal permitted under Section 10.2.4 or a Lien which the Asian Loan Party Agent certifies is permitted under Section 10.2.2 and entitled to priority over the Agent’s and AUS-NZ Security Trustee’s Liens (and the
Agent or the AUS-NZ Security Trustee, as applicable, may rely conclusively on any such certificate without further inquiry); (iii) that does not constitute a material part of the New Zealand Facility Collateral; (iv) following an Event of
Default, in connection with an enforcement action and realization on New Zealand Facility Collateral; or (v) with the written consent of all New Zealand Lenders. 

  
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 (f) Singapore Facility Secured Parties authorize the Agent and Singapore Security Trustee to
release any Lien with respect to any Singapore Facility Collateral (i) upon Full Payment of the Singapore Facility Obligations; (ii) that the Asian Loan Party Agent certifies in writing to the Agent is subject to a disposal permitted under
Section 10.2.4 or a Lien which the Asian Loan Party Agent certifies is permitted under Section 10.2.2 and entitled to priority over the Agent’s and Singapore Security Trustee’s Liens (and the Agent or the Singapore Security
Trustee, as applicable, may rely conclusively on any such certificate without further inquiry); (iii) that does not constitute a material part of the Singapore Facility Collateral; (iv) following an Event of Default, in connection with an
enforcement action and realization on Singapore Facility Collateral; or (v) with the written consent of all Singapore Lenders. 
 (g) UK Facility Secured Parties authorize the Agent and European Security Trustee to release any Lien with respect to any UK Facility Collateral (i) upon Full Payment of the UK Facility Obligations;
(ii) that the European Loan Party Agent certifies in writing to the Agent is subject to a disposal permitted under Section 10.2.4 or a Lien which the European Loan Party Agent certifies is permitted under Section 10.2.2 and entitled
to priority over the Agent’s and European Security Trustee’s Liens (and the Agent or the European Trustee, as applicable, may rely conclusively on any such certificate without further inquiry); (iii) that does not constitute a
material part of the UK Facility Collateral; (iv) following an Event of Default, in connection with an enforcement action and realization on UK Facility Collateral; or (v) with the written consent of all UK Lenders. 

(h) U.S. Facility Secured Parties authorize the Agent to release any Lien with respect to any U.S. Facility Collateral (i) upon Full
Payment of the U.S. Facility Obligations; (ii) that the North American Loan Party Agent certifies in writing to the Agent is subject to a disposal permitted under Section 10.2.4 or a Lien which the North American Loan Party Agent certifies
is permitted to be sold under Section 10.2.2 and entitled to priority over the Agent’s Liens (and the Agent may rely conclusively on any such certificate without further inquiry); (iii) that does not constitute a material part of the
U.S. Facility Collateral; (iv) following an Event of Default, in connection with an enforcement action and realization on U.S. Facility Collateral; or (v) with the written consent of all U.S. Lenders. 

(i) The Agent shall have no obligation to assure that any Collateral exists or is owned by a Loan Party, or is cared for, protected or
insured, nor to assure that the Agent’s or any Security Trustee’s Liens have been properly created, perfected or enforced, or are entitled to any particular priority, nor to exercise any duty of care with respect to any Collateral.

 12.4.2 Possession of Collateral. 
 (a) The Agent and Australian Facility Secured Parties appoint each Australian Lender as agent (for the benefit of Australian Facility Secured Parties) for the purpose of perfecting Liens in any Australian
Facility Collateral held or controlled by such Australian Lender, to the extent such Liens are perfected by possession or control. 

  
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 (b) The Agent and Canadian Facility Secured Parties appoint each Canadian Lender as agent
(for the benefit of Canadian Facility Secured Parties) for the purpose of perfecting Liens in any Canadian Facility Collateral held or controlled by such Canadian Lender, to the extent such Liens are perfected by possession or control. 

(c) The Agent and New Zealand Facility Secured Parties appoint each New Zealand Lender as agent (for the benefit of New Zealand Facility
Secured Parties) for the purpose of perfecting Liens in any New Zealand Facility Collateral held or controlled by such New Zealand Lender, to the extent such Liens are perfected by possession or control. 

(d) The Agent and Singapore Facility Secured Parties appoint each Singapore Lender as agent (for the benefit of Singapore Facility
Secured Parties) for the purpose of perfecting Liens in any Singapore Facility Collateral held or controlled by such Singapore Lender, to the extent such Liens are perfected by possession or control. 

(e) The Agent and U.S. Facility Secured Parties appoint each U.S. Lender as agent (for the benefit of U.S. Facility Secured Parties) for
the purpose of perfecting Liens in any U.S. Facility Collateral held or controlled by such U.S. Lender, to the extent such Liens are perfected by possession or control. 
 (f) If any Lender obtains possession or control of any Collateral, it shall notify the Agent thereof and, promptly upon the Agent’s request, deliver such Collateral to the Agent or the applicable
Security Trustee or otherwise deal with it in accordance with the Agent’s instructions. 
 12.4.3 Reports.
The Agent shall promptly forward to each Applicable Lender, when complete, copies of any field audit, examination or appraisal report prepared by or for the Agent with respect to any Loan Party or Collateral (“Report”). Each Lender
agrees (a) that neither Bank of America nor the Agent makes any representation or warranty as to the accuracy or completeness of any Report, and shall not be liable for any information contained in or omitted from any Report; (b) that the
Reports are not intended to be comprehensive audits or examinations, and that the Agent or any other Person performing any audit or examination will inspect only specific information regarding Obligations or the Collateral and will rely
significantly upon the applicable Loan Parties’ books and records as well as upon representations of the applicable Loan Parties’ officers and employees; and (c) to keep all Reports confidential and strictly for such Lender’s
internal use, and not to distribute any Report (or the contents thereof) to any Person (except to such Lender’s Participants, attorneys and accountants) or use any Report in any manner other than administration of the Loans and other
Obligations. Each Lender shall indemnify and hold harmless the Agent and any other Person preparing a Report from any action such Lender may take as a result of or any conclusion it may draw from any Report, as well as from any Claims arising as a
direct or indirect result of the Agent furnishing a Report to such Lender. 
 12.5 Reliance By Agent. The Agent
shall be entitled to rely, and shall be fully protected in relying, upon any certification, notice or other communication (including those by telephone, telex, telegram, telecopy or e-mail) believed by it in good faith to be genuine and correct and
to have been signed, sent or made by the proper Person, and upon the advice and statements of Agent Professionals. The Agent shall have a reasonable and practicable amount of time to act upon any instruction, notice or other communication under any
Loan Document, and shall not be liable for any delay in acting. 

  
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 12.6 Action Upon Default. The Agent shall not be deemed to have knowledge of
any Default or Event of Default, or of any failure to satisfy any conditions in Section 6, unless it has received written notice from a Loan Party Agent, Required Lenders or Required Borrower Group Lenders specifying the occurrence and nature
thereof. If any Lender acquires knowledge of a Default, Event of Default or of such conditions, it shall promptly notify the Agent and the other Lenders thereof in writing. Each Secured Party agrees that, except as otherwise provided in any Credit
Documents or with the written consent of the Agent and Required Lenders, it will not take any Enforcement Action, accelerate Obligations (other than Secured Bank Product Obligations), or exercise any right that it might otherwise have under
Applicable Law to credit bid at foreclosure sales, UCC or PPSA sales or other similar dispositions of Collateral or to assert any rights relating to any Collateral. 
 12.7 Ratable Sharing. If any Lender shall obtain any payment or reduction of any Obligation, whether through set-off or otherwise, in excess of its share of such Obligation, determined on a
Pro Rata basis or in accordance with Section 5.5.1, as applicable, such Lender shall forthwith purchase from the Agent, any Fronting Bank (other than Non-Lender Fronting Banks) and the other Applicable Lenders such participations in the
affected Obligation as are necessary to cause the purchasing Lender to share the excess payment or reduction on a Pro Rata basis or in accordance with Section 5.5.1, as applicable. If any of such payment or reduction is thereafter recovered
from the purchasing Lender, the purchase shall be rescinded and the purchase price restored to the extent of such recovery, but without interest. Notwithstanding the foregoing, if a Defaulting Lender obtains a payment or reduction of any Obligation,
it shall immediately turn over the amount thereof to the Agent for application under Section 4.2 and it shall provide a written statement to the Agent describing the Obligation affected by such payment or reduction. No Lender shall setoff
against any Dominion Account without the prior consent of the Agent. 
 12.8 Indemnification of Agent Indemnitees.
EACH LENDER SHALL INDEMNIFY AND HOLD HARMLESS AGENT INDEMNITEES, TO THE EXTENT NOT REIMBURSED BY LOAN PARTIES (BUT WITHOUT LIMITING THE INDEMNIFICATION OBLIGATIONS OF LOAN PARTIES UNDER ANY CREDIT DOCUMENTS), ON A PRO RATA BASIS, AGAINST ALL CLAIMS
THAT MAY BE INCURRED BY OR ASSERTED AGAINST ANY SUCH AGENT INDEMNITEE, PROVIDED THE ANY CLAIM AGAINST AN AGENT INDEMNITEE RELATES TO OR ARISES FROM ITS ACTING AS OR FOR THE AGENT (IN THE CAPACITY OF THE AGENT). In no event shall any Lender
have any obligation hereunder to indemnify or hold harmless an Agent Indemnitee with respect to a Claim that is determined in a final, non-appealable judgment by a court of competent jurisdiction to result from the gross negligence or willful
misconduct of such Agent Indemnitee. In the Agent’s discretion, it may reserve for any Claims made against an Agent Indemnitee, and may satisfy any judgment, order or settlement relating thereto, from proceeds of Collateral prior to making any
distribution of Collateral proceeds to the Secured Parties. If the Agent is sued by any Creditor Representative, debtor-in-possession or other Person for any alleged preference or fraudulent transfer, then any monies paid by the Agent in settlement
or satisfaction of such proceeding, together with all interest, costs and expenses (including attorneys’ fees) incurred in the defense of same, shall be promptly reimbursed to the Agent by each Lender to the extent of its Pro Rata share.

  
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 12.9 Limitation on Responsibilities of Agent. The Agent shall not be liable
to any Secured Party for any action taken or omitted to be taken under the Credit Documents, except for losses directly and solely caused by the Agent’s gross negligence or willful misconduct. The Agent does not assume any responsibility for
any failure or delay in performance or any breach by any Loan Party, Lender or other Secured Party of any obligations under the Credit Documents. The Agent does not make any express or implied warranty, representation or guarantee to the Secured
Parties with respect to any Obligations, Collateral, Credit Documents or Loan Party. No Agent Indemnitee shall be responsible to the Secured Parties for any recitals, statements, information, representations or warranties contained in any Credit
Documents; the execution, validity, genuineness, effectiveness or enforceability of any Credit Documents; the genuineness, enforceability, collectability, value, sufficiency, location or existence of any Collateral, or the validity, extent,
perfection or priority of any Lien therein; the validity, enforceability or collectability of any Obligations; or the assets, liabilities, financial condition, results of operations, business, creditworthiness or legal status of any Loan Party or
Account Debtor. No Agent Indemnitee shall have any obligation to any Secured Party to ascertain or inquire into the existence of any Default or Event of Default, the observance or performance by any Loan Party of any terms of the Credit Documents,
or the satisfaction of any conditions precedent contained in any Credit Documents. 
 12.10 Successor Agent and
Co-Agents. 
 12.10.1 Resignation; Successor Agent. Subject to the appointment and acceptance of a
successor Agent as provided below, Agent may resign at any time by giving at least 30 days written notice thereof to Lenders and the Loan Party Agents. Upon receipt of such notice, Required Lenders shall have the right to appoint a successor Agent
which shall be (a) a U.S. Lender or an Affiliate of a U.S. Lender; or (b) a commercial bank that is organized under the laws of the United States or any state or district thereof, has a combined capital surplus of at least $200,000,000 and
(provided no Event of Default exists) is reasonably acceptable to the Loan Party Agents. Upon acceptance by a successor Agent of an appointment to serve as the Agent hereunder, or upon appointment of Required Lenders as successor Agent, such
successor Agent shall thereupon succeed to and become vested with all the powers and duties of the retiring Agent without further act, and the retiring Agent shall be discharged from its duties and obligations hereunder but shall continue to have
the benefits of the indemnification set forth in Sections 12.8 and 14.2. Notwithstanding any Agent’s resignation, the provisions of this Section 12 shall continue in effect for its benefit with respect to any actions taken or omitted
to be taken by it while the Agent. Any successor to Bank of America by merger or acquisition of stock or this loan shall continue to be the Agent hereunder without further act on the part of the parties hereto, unless such successor resigns as
provided above. 
 12.10.2 Separate Collateral Agent. It is the intent of the parties that there shall be no
violation of any Applicable Law denying or restricting the right of financial institutions to transact business in any jurisdiction. If the Agent believes that it may be limited in the exercise of any rights or remedies under the Credit Documents
due to any Applicable Law, the Agent 

  
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 may appoint an additional Person who is not so limited, as a separate security trustee, collateral agent or
co-collateral agent. If the Agent so appoints a security trustee, collateral agent or co-collateral agent, each right and remedy intended to be available to the Agent under the Credit Documents shall also be vested in such separate agent. The
Secured Parties shall execute and deliver such documents as the Agent deems appropriate to vest any rights or remedies in such agent. If any security trustee, collateral agent or co-collateral agent shall die or dissolve, become incapable of acting,
resign or be removed, then all the rights and remedies of such agent, to the extent permitted by Applicable Law, shall vest in and be exercised by the Agent until appointment of a new agent. 

12.11 Due Diligence and Non-Reliance. Each Lender acknowledges and agrees that it has, independently and without reliance
upon the Agent or any other Lenders, and based upon such documents, information and analyses as it has deemed appropriate, made its own credit analysis of each Loan Party and its own decision to enter into this Agreement and to fund Loans and
participate in LC Obligations hereunder. Each Secured Party has made such inquiries as it deems necessary concerning the Credit Documents, the Collateral and each Loan Party. Each Secured Party further acknowledges and agrees that the other Secured
Parties and the Agent have made no representations or warranties concerning any Loan Party, any Collateral or the legality, validity, sufficiency or enforceability of any Credit Documents or Obligations. Each Secured Party will, independently and
without reliance upon any other Secured Party or the Agent, and based upon such financial statements, documents and information as it deems appropriate at the time, continue to make and rely upon its own credit decisions in making Loans and
participating in LC Obligations, and in taking or refraining from any action under any Credit Documents. Except for notices, reports and other information expressly requested by a Lender, the Agent shall have no duty or responsibility to provide any
Secured Party with any notices, reports or certificates furnished to the Agent by any Loan Party or any credit or other information concerning the affairs, financial condition, business or Properties of any Loan Party (or any of its Affiliates)
which may come into possession of the Agent or any of Agent’s Affiliates. 
 12.12 Remittance of Payments and
Collections. 
 12.12.1 Remittances Generally. All payments by any Lender to the Agent shall be made by
the time and on the day set forth in this Agreement, in immediately available funds. If no time for payment is specified or if payment is due on demand by the Agent and request for payment is made by the Agent by 11:00 a.m. (Local Time) on a
Business Day, payment shall be made by Lender not later than 2:00 p.m. (Local Time) on such day, and if request is made after 11:00 a.m. (Local Time), then payment shall be made by 11:00 a.m. (Local Time) on the next Business Day. Payment by the
Agent to any Secured Party shall be made by wire transfer, in the type of funds received by the Agent. Any such payment shall be subject to the Agent’s right of offset for any amounts due from such payee under the Loan Documents. 

12.12.2 Failure to Pay. If any Secured Party fails to pay any amount when due by it to the Agent pursuant to the terms
hereof, such amount shall bear interest from the due date until paid at the rate determined by the Agent as customary in the banking industry for interbank compensation. In no event shall Loan Parties be entitled to receive credit for any interest
paid by a Secured Party to the Agent, nor shall any Defaulting Lender be entitled to interest on any amounts held by Agent pursuant to Section 4.2. 

  
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 12.12.3 Recovery of Payments. If the Agent pays any amount to a Secured Party
in the expectation that a related payment will be received by the Agent from a Loan Party and such related payment is not received, then Agent may recover such amount from each Secured Party that received it. If the Agent determines at any time that
an amount received under any Loan Document must be returned to a Loan Party or paid to any other Person pursuant to Applicable Law or otherwise, then, notwithstanding any other term of any Loan Document, the Agent shall not be required to distribute
such amount to any Lender. If any amounts received and applied by the Agent to any Obligations are later required to be returned by the Agent pursuant to Applicable Law, each Lender shall pay to the Agent, on demand, such Lender’s Pro Rata
share of the amounts required to be returned. 
 12.13 Agent in its Individual Capacity. As a Lender, Bank of
America shall have the same rights and remedies under the other Credit Documents as any other Lender, and the terms “Lenders,” “Required Lenders”, “Required Borrower Group Lenders” or any similar
term shall include Bank of America and its Affiliates in their capacities as Lenders. Each of Bank of America and its Affiliates may accept deposits from, lend money to, provide Bank Products to, act as financial or other advisor to, and generally
engage in any kind of business with, the Loan Parties and their Affiliates, as if Bank of America was not Agent hereunder, without any duty to account therefor to Lenders. In their individual capacities, Bank of America and its Affiliates may
receive information regarding the Loan Parties, their Affiliates and their Account Debtors (including information subject to confidentiality obligations), and each Secured Party agrees that Bank of America and its Affiliates shall be under no
obligation to provide such information to any Secured Party, if acquired in such individual capacity. 
 12.14 Agent
Titles. Each Lender, other than Bank of America, that is designated (on the cover page of this Agreement or otherwise) by Bank of America as an “Agent” or “Arranger” of any type shall not have any right,
power, responsibility or duty under any Loan Documents other than those applicable to all Lenders, and shall in no event be deemed to have any fiduciary relationship with any other Lender. 

12.15 Bank Product Providers. Each Secured Bank Product Provider that is not a Lender, by delivery of a joinder agreement
in form and substance reasonably satisfactory to Agent and the applicable Loan Party Agent, or as otherwise agreed by Agent and such Loan Party Agent, shall agree to be bound by Section 5.5 and this Section 12. Each Secured Bank Product
Provider shall indemnify and hold harmless Agent Indemnitees, to the extent not reimbursed by Loan Parties, against all Claims that may be incurred by or asserted against any Agent Indemnitee in connection with such provider’s Secured Bank
Product Obligations (except those Claims determined in a final, non-appealable judgment by a court of competent jurisdiction to result from the gross negligence or willful misconduct of such Agent Indemnitee). 

12.16 No Third Party Beneficiaries. This Section 12 is an agreement solely among the Secured Parties and the Agent,
and shall survive Full Payment of the Obligations. This Section 12 does not confer any rights or benefits upon Loan Parties or any other Person. As between Loan Parties and the Agent, any action that the Agent may take under any Credit
Documents or with respect to any Obligations shall be conclusively presumed to have been authorized and directed by the Secured Parties. 

  
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 SECTION 13. BENEFIT OF AGREEMENT; ASSIGNMENTS AND PARTICIPATIONS 

13.1 Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of Loan Parties, the Agent,
Secured Parties, and their respective successors and assigns, except that (a) no Loan Party shall have the right to assign its rights or delegate its obligations under any Loan Documents; and (b) any assignment by a Lender must be made in
compliance with Section 13.3. The Agent may treat the Person which made any Loan as the owner thereof for all purposes until such Person makes an assignment in accordance with Section 13.3. Any authorization or consent of a Lender shall be
conclusive and binding on any subsequent transferee or assignee of such Lender. The Agent, acting solely for this purpose as a non-fiduciary agent of the Borrowers, shall maintain a copy of each Assignment and Acceptance delivered to it and a
register for the recordation of the names and addresses of the Lenders and Fronting Banks, and the Commitments of, and principal amounts (and stated interest) of the Loans, Letters of Credit and other obligations owing to, each Lender or Fronting
Bank pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be conclusive absent manifest error (provided, that a failure to make any such recordation, or any error in such recordation,
shall not affect the Borrowers’ obligations in respect of such Loans, Letters of Credit or other obligations), and the Borrowers, the Agent, the Lenders and the Fronting Banks shall treat each Person whose name is recorded in the Register
pursuant to the terms hereof as the owner of the Commitments, Loans, Letters of Credit and other obligations recorded in the Register as owing to such Person, for all purposes of this Agreement. The Register shall be available for inspection by the
Borrowers and any Lender or Fronting Bank, at any reasonable time and from time to time upon reasonable prior notice. 
 13.2
Participations. 
 13.2.1 Permitted Participants; Effect. Any Lender may, in the ordinary course of its
business and in accordance with Applicable Law, at any time sell to a financial institution (“Participant”) a participating interest in the rights and obligations of such Lender under any Loan Documents. Despite any sale by a Lender
of participating interests to a Participant, such Lender’s obligations under the Loan Documents shall remain unchanged, such Lender shall remain solely responsible to the other parties hereto for performance of such obligations, such Lender
shall remain the holder of its Loans and Borrower Group Commitments for all purposes, all amounts payable by Loan Parties within the applicable Loan Party Group shall be determined as if such Lender had not sold such participating interests, and
Loan Parties within the applicable Loan Party Group and the Agent shall continue to deal solely and directly with such Lender in connection with the Loan Documents. Each Lender shall be solely responsible for notifying its Participants of any
matters under the Loan Documents, and the Agent and the other Lenders shall not have any obligation or liability to any such Participant. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of
Section 5.8 unless Loan Party Agent agrees otherwise in writing. Each Lender that sells a participation shall, acting solely for this purpose as a non-fiduciary agent of the applicable Borrower, maintain a register on which it enters the name
and address of each Participant and the principal amounts (and stated interest) of each Participant’s interest in the Loans, Letters of Credit or other obligations under the Loan Documents (the “Participant Register”);
provided that no Lender shall have any obligation to disclose all or any portion of the Participant Register to 

  
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 any Person (including the identity of any Participant or any information relating to a Participant’s
interest in any Commitments, Loans, Letters of Credit or its other obligations under any Loan Document) except to the extent that such disclosure is necessary to establish that such Commitment, Loan, Letter of Credit or other obligation is in
registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries in the Participant Register shall be conclusive absent manifest error, and such Lender shall treat each Person whose name is recorded in the
Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the contrary. 
 13.2.2 Voting Rights. Each Lender shall retain the sole right to approve, without the consent of any Participant, any amendment, waiver or other modification of any Loan Documents; provided,
that a Lender may agree with its Participant that such Lender will not, without the consent of such Participant, consent to any amendment, waiver or other modification which (a) forgives principal, interest or fees, (b) reduces the stated
interest rate or fees payable with respect to any Loan or Borrower Group Commitment in which such Participant has an interest, (c) postpones the Revolver Commitment Termination Date or the Swingline Commitment Termination Date in respect of a
Borrower Group in which such Participant has an interest, or any date fixed for any regularly scheduled payment of principal, interest or fees on such Loan or Commitment, or (d) releases any Loan Party, Guarantor or substantial portion of the
Collateral. 
 13.2.3 Benefit of Set-Off. Loan Parties agree that each Participant shall have a right of set-off
in respect of its participating interest to the same extent as if such interest were owing directly to a Lender, and each Lender shall also retain the right of set-off with respect to any participating interests sold by it. By exercising any right
of set-off, a Participant agrees to share with Lenders all amounts received through its set-off, in accordance with Section 12.7 as if such Participant were a Lender. 
 13.3 Assignments. 
 13.3.1 Permitted Assignments.
Subject to Section 13.3.3 below, a Lender may assign to an Eligible Assignee any of its rights and obligations under the Loan Documents, as long as (a) each assignment is of a constant, and not a varying, percentage of the transferor
Lender’s rights and obligations under the Loan Documents (unless otherwise agreed by the Agent) and, in the case of a partial assignment, is in a minimum principal amount of $5,000,000 (unless otherwise agreed by the Agent in its discretion)
and integral multiples of $1,000,000 in excess of that amount; (b) except in the case of an assignment in whole of a Lender’s rights and obligations, the aggregate amount of the Commitments retained by the transferor Lender is at least
$5,000,000 (unless otherwise agreed by the Agent in its discretion); and (c) the parties to each such assignment shall execute and deliver to the Agent, for its acceptance and recording, an Assignment and Acceptance. Nothing herein shall limit
the right of a Lender to pledge or assign any rights under the Loan Documents to (i) any Federal Reserve Bank or the United States Treasury as collateral security pursuant to Regulation A of the Board of Governors and any Operating Circular
issued by such Federal Reserve Bank, or (ii) counterparties to swap agreements relating to any Loans; provided, however, (1) such Lender shall remain the holder of its Loans and owner of its interest in any Letter of Credit
for all purposes hereunder, (2) Borrowers, the Agent, the other Lenders and Fronting Bank shall continue to deal solely and 

  
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 directly with such Lender in connection with such Lender’s rights and obligations under this Agreement,
(3) any payment by Loan Parties to the assigning Lender in respect of any Obligations assigned as described in this sentence shall satisfy Loan Parties’ obligations hereunder to the extent of such payment, and (4) no such assignment
shall release the assigning Lender from its obligations hereunder. 
 13.3.2 Effect; Effective Date. Upon delivery
to the Agent of an assignment notice in the form of Exhibit A-2 and a processing fee of $3,500 (unless otherwise agreed by the Agent in its discretion), the assignment shall become effective as specified in the notice, if it complies
with this Section 13.3.2. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the
transferor Lender, the Agent and Loan Parties shall make appropriate arrangements for issuance of replacement and/or new Notes, as applicable. The transferee Lender shall comply with Sections 5.8 and 5.9 and deliver, upon request, an
administrative questionnaire satisfactory to Agent. 
 13.3.3 Certain Assignees. No assignment or participation
may be made to any Borrower, Affiliate of any Borrower, Defaulting Lender or natural person except as described in Schedule 13.3.3. In connection with any assignment by a Defaulting Lender, such assignment shall be effective only upon
payment by the Eligible Assignee or Defaulting Lender to the Agent of an aggregate amount sufficient, upon distribution (through direct payment, purchases of participations or other compensating actions as the Agent deems appropriate), (a) to
satisfy all funding and payment liabilities then owing by the Defaulting Lender hereunder, and (b) to acquire its Pro Rata share of all Loans and LC Obligations. If an assignment by a Defaulting Lender shall become effective under Applicable
Law for any reason without compliance with the foregoing sentence, then the assignee shall be deemed a Defaulting Lender for all purposes until such compliance occurs. Notwithstanding anything to the contrary in this Section 13.3.3, in order to
comply with the Dutch Financial Supervision Act (Wet op het financieel toezicht), the amount transferred in respect of a Dutch Borrower shall in any case include an outstanding portion of at least €100,000 (or its equivalent in other
currencies) per Dutch Lender or such other amount as may be required from time to time by the Dutch Financial Supervision Act (or implementing legislation) or, if less, the assignee Dutch Lender shall confirm in writing to the Dutch Borrowers that
it is a professional market party within the meaning of the Dutch Financial Supervision Act. 
 13.3.4 Replacement of
Certain Lenders. If (x) a Lender (a) fails to give its consent to any amendment, waiver or action for which consent of all Lenders was required and Required Lenders consented, (b) is a Defaulting Lender, or (c) gives a
notice under Section 3.5 or requests compensation under Section 3.7 or 3.8, or (y) if any Borrower is required to pay additional amounts or indemnity payments with respect to a Lender under Section 5.8, then, in addition to any
other rights and remedies that any Person may have, the Agent or a Loan Party Agent may, by notice to such Lender within 120 days after such event, require such Lender to assign all of its rights and obligations under the Loan Documents to one or
more Eligible Assignees, pursuant to appropriate Assignment and Acceptances, within 20 days after the notice. The Agent is irrevocably appointed as attorney-in-fact to execute any such Assignment and Acceptance if the Lender fails to execute it.
Such Lender shall be entitled to receive, in cash, concurrently with such assignment, all amounts owed to it under the Loan Documents at par, including all principal, interest and fees through the date of assignment (but excluding any prepayment
charge). 

  
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 SECTION 14. MISCELLANEOUS 

14.1 Consents, Amendments and Waivers. 
 14.1.1 Amendment. No modification of any Loan Document, including any extension or amendment of a Loan Document or any waiver of a Default or Event of Default, shall be effective without the
prior written agreement of the Agent (with the consent of Required Lenders) and each Loan Party party to such Loan Document; provided, however, that: 
 (a) without the prior written consent of the Agent, no modification shall be effective with respect to any provision in a Loan Document that relates to any rights, duties or discretion of the Agent;

 (b) (i) without the prior written consent of each U.S. Fronting Bank, no modification shall be effective with respect to any
U.S. LC Obligations or Sections 2.9.1, 2.9.2 or 2.9.3 or any other provision in a Loan Document that relates to any rights, duties or discretion of any U.S. Fronting Bank, (ii) without the prior written consent of each Australian Fronting
Bank, no modification shall be effective with respect to any Australian LC Obligations or Sections 2.2.1, 2.2.2 or 2.2.3 or any other provision in a Loan Document that relates to any rights, duties or discretion of the Australian Fronting Bank,
(iii) without the prior written consent of each Belgian Fronting Bank, no modification shall be effective with respect to any Belgian LC Obligations or Sections 2.3.1, 2.3.2 or 2.3.3 or any other provision in a Loan Document that relates to any
rights, duties or discretion of the Belgian Fronting Bank, (iv) without the prior written consent of each Canadian Fronting Bank, no modification shall be effective with respect to any Canadian LC Obligations or Sections 2.4.1, 2.4.2 or 2.4.3
or any other provision in a Loan Document that relates to any rights, duties or discretion of the Canadian Fronting Bank, (v) without the prior written consent of each Dutch Fronting Bank, no modification shall be effective with respect to any
Dutch LC Obligations or Sections 2.5.1, 2.5.2 or 2.5.3 or any other provision in a Loan Document that relates to any rights, duties or discretion of the Dutch Fronting Bank, (vi) without the prior written consent of each New Zealand Fronting
Bank, no modification shall be effective with respect to any New Zealand LC Obligations or Sections 2.6.1, 2.6.2 or 2.6.3 or any other provision in a Loan Document that relates to any rights, duties or discretion of the New Zealand Fronting Bank,
(vii) without the prior written consent of each Singapore Fronting Bank, no modification shall be effective with respect to any Singapore LC Obligations or Sections 2.7.1, 2.7.2 or 2.7.3 or any other provision in a Loan Document that relates to
any rights, duties or discretion of the Singapore Fronting Bank, and (viii) without the prior written consent of each UK Fronting Bank, no modification shall be effective with respect to any UK LC Obligations or Sections 2.8.1, 2.8.2 or 2.8.3
or any other provision in a Loan Document that relates to any rights, duties or discretion of the UK Fronting Bank; provided that, notwithstanding the foregoing, no Non-Lender Fronting Bank shall have any consent rights pursuant to this
clause (b); 

  
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 (c) without the prior written consent of each affected Lender, including a Defaulting
Lender, no modification shall be effective that would (i) increase the Borrower Group Commitment of such Lender; (ii) reduce the amount of, or waive or delay payment of, any principal, interest or fees payable to such Lender (except as
provided in Section 4.2); or (iii) increase the aggregate amount of all Commitments other than as provided in Section 2.1.7; 
 (d) without the prior written consent of all (i) Lenders (except any Defaulting Lender as provided in Section 4.2), no modification shall be effective that would (A) extend any Revolver
Commitment Termination Date, any Swingline Commitment Termination Date or the Facility Termination Date; (B) alter Section 5.5; (C) amend the definitions of Pro Rata, Required Lenders, Required Borrower Group Lenders, Super-Majority
Borrower Group Lenders or Super-Majority Lenders; (D) amend this Section 14.1.1; or (E) increase the Maximum Facility Amount; and (ii) U.S. Lenders and all Canadian Lenders (in each case except any Defaulting Lender as provided
in Section 4.2), no modification shall be effective that would alter Section 7.1 (except to add Collateral); 
 (e)
without the prior written consent of the Super-Majority Borrower Group Lenders having commitments to a Borrower Group, no amendment or waiver shall be effective that would: 

(i) with respect to Lenders having Borrower Group Commitments to the Australian Borrowers, (A) amend the definitions
of Australian Borrowing Base or Total Australian Borrowing Base (and the defined terms used in such definitions) if the effect of such amendment is to increase the advance rates contained therein, to make more credit available or to add new types of
Collateral thereunder, (B) increase the advance rates applicable to the Australian Borrowers, (C) release a material portion (but less than all or substantially all) of the Australian Facility Collateral, except as currently contemplated
by Section 12.4.1(a), provided that a release of all or substantially all of the Australian Facility Collateral requires the prior written consent of all Australian Lenders, (D) release any Australian Facility Loan Party from
liability for any Australian Facility Obligations except as otherwise provided in this Agreement, (E) except as permitted under Section 10.2.2, subordinate Agent’s or AUS-NZ Security Trustee’s Lien on any Australian Facility
Collateral or subordinate any Australian Facility Obligations in right of payment to any other Indebtedness or (F) amend the definition of Australian Availability; 

(ii) with respect to Lenders having Borrower Group Commitments to the Belgian Borrowers, (A) amend the definitions
of Belgian Borrowing Base or Total Belgian Borrowing Base (and the defined terms used in such definitions) if the effect of such amendment is to increase the advance rates contained therein, to make more credit available or to add new types of
Collateral thereunder, (B) increase the advance rates applicable to the Belgian Borrowers, (C) release a material portion (but less than all or substantially all) of the Belgian Facility Collateral, except as currently contemplated by
Section 12.4.1(b), provided that a release of all or substantially all of the Belgian Facility Collateral requires the prior written consent of all Belgian Lenders, (D) release any Belgian Facility Loan Party from liability for any
Belgian Facility Obligations except as otherwise provided in this Agreement, (E) except as permitted under Section 10.2.2, subordinate Agent’s or European Security Trustee’s Lien on any Belgian Facility Collateral or subordinate
any Belgian Facility Obligations in right of payment to any other Indebtedness or (F) amend the definition of Belgian Availability; 

  
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 (iii) with respect to Lenders having Borrower Group Commitments to the
Canadian Borrowers, (A) amend the definitions of Canadian Borrowing Base or Total Canadian Borrowing Base (and the defined terms used in such definitions) if the effect of such amendment is to increase the advance rates contained therein, to
make more credit available or to add new types of Collateral thereunder, (B) increase the advance rates applicable to the Canadian Borrowers, (C) release a material portion (but less than all or substantially all) of the Canadian Facility
Collateral, except as currently contemplated by Section 12.4.1(c), provided that a release of all or substantially all of the Canadian Facility Collateral requires the prior written consent of all Canadian Lenders, (D) release any
Canadian Facility Loan Party from liability for any Canadian Facility Obligations except as otherwise provided in this Agreement, (E) except as permitted under Section 10.2.2, subordinate Agent’s Lien on any Canadian Facility
Collateral or subordinate any Canadian Facility Obligations in right of payment to any other Indebtedness or (F) amend the definition of Canadian Availability; 

(iv) with respect to Lenders having Borrower Group Commitments to the Dutch Borrowers, (A) amend the definitions of
Dutch Borrowing Base or Total Dutch Borrowing Base (and the defined terms used in such definitions) if the effect of such amendment is to increase the advance rates contained therein, to make more credit available or to add new types of Collateral
thereunder, (B) increase the advance rates applicable to the Dutch Borrowers, (C) release a material portion (but less than all or substantially all) of the Dutch Facility Collateral, except as currently contemplated by
Section 12.4.1(d), provided that a release of all or substantially all of the Dutch Facility Collateral requires the prior written consent of all Dutch Lenders, (D) release any Dutch Facility Loan Party from liability for any Dutch
Facility Obligations except as otherwise provided in this Agreement, (E) except as permitted under Section 10.2.2, subordinate Agent’s or European Security Trustee’s Lien on any Dutch Facility Collateral or subordinate any Dutch
Facility Obligations in right of payment to any other Indebtedness or (F) amend the definition of Dutch Availability; 
 (v) with respect to Lenders having Borrower Group Commitments to the New Zealand Borrowers, (A) amend the definitions of New Zealand Borrowing Base or Total New Zealand Borrowing Base (and the
defined terms used in such definitions) if the effect of such amendment is to increase the advance rates contained therein, to make more credit available or to add new types of Collateral thereunder, (B) increase the advance rates applicable to
the New Zealand Borrowers, (C) release a material portion (but less than all or substantially all) of the New Zealand Facility Collateral, except as currently contemplated by Section 12.4.1(e), provided that a release of all or
substantially all of the New Zealand Facility Collateral requires the prior written consent of all New Zealand Lenders, (D) release any New Zealand Facility Loan Party from liability for any New Zealand Facility Obligations except as otherwise
provided in this Agreement, (E) except as permitted under Section 10.2.2, subordinate Agent’s or AUS-NZ Security Trustee’s Lien on any New Zealand Facility Collateral or subordinate any New Zealand Facility Obligations in right
of payment to any other Indebtedness or (F) amend the definition of New Zealand Availability; 

  
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 (vi) with respect to Lenders having Borrower Group Commitments to the
Singapore Borrowers, (A) amend the definitions of Singapore Borrowing Base or Total Singapore Borrowing Base (and the defined terms used in such definitions) if the effect of such amendment is to increase the advance rates contained therein, to
make more credit available or to add new types of Collateral thereunder, (B) increase the advance rates applicable to the Singapore Borrowers, (C) release a material portion (but less than all or substantially all) of the Singapore
Facility Collateral, except as currently contemplated by Section 12.4.1(f), provided that a release of all or substantially all of the Singapore Facility Collateral requires the prior written consent of all Singapore Lenders,
(D) release any Singapore Facility Loan Party from liability for any Singapore Facility Obligations except as otherwise provided in this Agreement, (E) except as permitted under Section 10.2.2, subordinate Agent’s or Singapore
Security Trustee’s Lien on any Singapore Facility Collateral or subordinate any Singapore Facility Obligations in right of payment to any other Indebtedness or (F) amend the definition of Singapore Availability; 

(vii) with respect to Lenders having Borrower Group Commitments to the UK Borrowers, (A) amend the definitions of UK
Borrowing Base or Total UK Borrowing Base (and the defined terms used in such definitions) if the effect of such amendment is to increase the advance rates contained therein, to make more credit available or to add new types of Collateral
thereunder, (B) increase the advance rates applicable to the UK Borrowers, (C) release a material portion (but less than all or substantially all) of the UK Facility Collateral, except as currently contemplated by Section 12.4.1(g),
provided that a release of all or substantially all of the UK Facility Collateral requires the prior written consent of all UK Lenders, (D) release any UK Facility Loan Party from liability for any UK Facility Obligations except as
otherwise provided in this Agreement, (E) except as permitted under Section 10.2.2, subordinate Agent’s or European Security Trustee’s Lien on any UK Facility Collateral or subordinate any UK Facility Obligations in right of
payment to any other Indebtedness or (F) amend the definition of UK Availability; or 
 (viii) with respect
to Lenders having Borrower Group Commitments to the U.S. Borrowers, (A) amend the definition of U.S. Borrowing Base (and the defined terms used in such definitions) if the effect of such amendment is to increase the advance rates contained
therein, to make more credit available or to add new types of Collateral thereunder, (B) increase the advance rates applicable to the U.S. Borrowers, (C) release any material portion (but less than all or substantially all) of the U.S.
Facility Collateral, except as currently contemplated by Section 12.4.1(h), provided that a release of all or substantially all of the U.S. Facility Collateral requires the prior written consent of all U.S. Lenders, (D) release any
U.S. Facility Loan Party from liability for any U.S. Facility Obligations except as otherwise provided in this Agreement, (E) except as permitted under Section 10.2.2, subordinate Agent’s Lien on any U.S. Facility Collateral or
subordinate any U.S. Facility Obligations in right of payment to any other Indebtedness or (F) amend the definition of U.S. Availability; 

  
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 (f) without the prior written consent of the Super-Majority Lenders, no amendment or waiver
shall be effective that would amend the definition of Excess Availability; and 
 (g) notwithstanding anything in this
Section 14.1.1 to the contrary, if the Agent and the North American Loan Party Agent shall have jointly identified an obvious error or any error or omission of a technical nature, in each case, in any provision of the Loan Documents, then the
Agent and the North American Loan Party Agent shall be permitted to amend such provision, and, in each case, such amendment shall become effective without any further action or consent of any other party to any Loan Document if the same is not
objected to in writing by the Required Lenders to the Agent within ten Business Days following receipt of notice thereof. 

14.1.2 Foreign Cross-Guarantee. Following the date on which a Foreign Borrower’s Obligations have been guaranteed by
other Foreign Borrowers pursuant to an effective Foreign Cross-Guarantee, Agent will give favorable consideration on a case by case basis, taking into account financial assistance rules and other legal considerations, to recommending an amendment
permitting such Foreign Borrower’s utilization of Availability from the other Foreign Borrowers that have guaranteed such Obligations in order to borrow amounts in excess of its individual Borrowing Base (but not to exceed the applicable
Foreign Revolver Commitment amount for such Foreign Borrower’s jurisdiction) which utilization will reduce availability to such other Foreign Borrowers on a dollar for dollar basis. Promptly following the date on which a Foreign Borrower has
entered into a Foreign Cross-Guarantee and unless otherwise agreed by such Foreign Borrower, the Agent and the relevant Security Trustees agree that they shall take any and all action reasonably necessary to effectuate the release of any security
interests in or Liens on all Pledged Collateral of such Foreign Borrower created pursuant to any Security Documents and shall enter into such documentation as such Foreign Borrower may reasonably request to effectuate such release. 

14.1.3 Limitations. The agreement of Loan Parties shall not be necessary to the effectiveness of any modification of a Loan
Document that deals solely with the rights and duties of Lenders, the Agent, the Security Trustees and/or any Fronting Bank as among themselves. Only the consent of the parties to the Fee Letter or any agreement relating to a Bank Product shall be
required for any modification of such agreement. Neither any Non-Lender Fronting Bank nor any non-Lender that is a party to a Bank Product agreement shall have any right to participate in any manner in modification of any Loan Document. The making
of any Loans during the existence of a Default or Event of Default shall not be deemed to constitute a waiver of such Default or Event of Default, nor to establish a course of dealing. Any waiver or consent granted by the Agent or Lenders hereunder
shall be effective only if in writing and only for the matter specified. 
 14.1.4 Payment for Consents. After the
Closing Date, no Loan Party will, directly or indirectly, pay any remuneration or other thing of value, whether by way of additional interest, fee or otherwise, to any Lender (in its capacity as a Lender hereunder) as consideration for agreement by
such Lender with any modification of any Loan Documents, unless such remuneration or value is concurrently paid, on the same terms, on a Pro Rata basis to all Lenders providing their consent. 

  
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 14.2 Indemnity. IN ADDITION TO THE INDEMNIFICATION OBLIGATIONS SET FORTH IN
SECTION 5.8 OR ANY OTHER PROVISION OF THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, EACH LOAN PARTY SHALL INDEMNIFY AND HOLD HARMLESS THE INDEMNITEES AGAINST ANY CLAIMS THAT MAY BE INCURRED BY OR ASSERTED AGAINST ANY INDEMNITEE, INCLUDING CLAIMS
ASSERTED BY ANY LOAN PARTY OR OTHER PERSON OR ARISING FROM THE NEGLIGENCE OF AN INDEMNITEE. In no event shall any party to a Loan Document have any obligation thereunder to indemnify or hold harmless an Indemnitee with respect to a Claim that is
determined in a final, non-appealable judgment by a court of competent jurisdiction to result from the gross negligence, willful misconduct or bad faith of such Indemnitee, and no Loan Party shall have any obligation to indemnify or hold harmless an
Indemnitee for disputes solely among Indemnitees and not relating to any act or omission of any Loan Party or its Affiliates (other than any action involving the Agent, any Security Trustee, any Fronting Bank or any Swingline Lender, in each case in
its capacity as such, in which case this indemnity shall apply with respect to each such Person, as applicable, to the extent otherwise available). The indemnity under this Section 14.2 shall not apply to any Taxes, other than Taxes arising
with respect to a non-Tax Claim. 
 14.3 Notices and Communications. 

14.3.1 Notice Address. Subject to Section 4.4, all notices and other communications by or to a party hereto shall be
in writing and shall be given to any Loan Party, at the applicable Loan Party Agent’s address shown on the signature pages hereof, and to any other Person at its address shown on the signature pages hereof (or, in the case of a Person who
becomes a Lender after the Closing Date, at the address shown on its Assignment and Acceptance), or at such other address as a party may hereafter specify by notice in accordance with this Section 14.3. Each such notice or other communication
shall be effective only (a) if given by facsimile transmission, when transmitted to the applicable facsimile number, if confirmation of receipt is received; (b) if given by mail, three Business Days after deposit in the local mail system
of the recipient, with first-class postage pre-paid, addressed to the applicable address; or (c) if given by personal delivery (including overnight and courier service), when duly delivered to the notice address with receipt acknowledged.
Notwithstanding the foregoing, no notice to Agent pursuant to Sections 2.1.4, 2.2, 2.3, 2.4, 2.5, 2.6, 2.7, 2.8, 2.9, 3.1.1, 3.1.2 or 4.1.1 shall be effective until actually received by the individual to whose attention at Agent such notice is
required to be sent. Any written notice or other communication that is not sent in conformity with the foregoing provisions shall nevertheless be effective on the date actually received by the noticed party. Any notice received by North American
Loan Party Agent shall be deemed received by all Loan Parties. 
 14.3.2 Electronic Communications; Voice Mail.
Electronic mail and internet websites may be used only for routine communications, such as financial statements, Borrowing Base Certificates and other information required by Section 10.1.1, administrative matters, distribution of Loan
Documents for execution, and matters permitted under Section 4.1.3. The Agent and Lenders make no assurances as to the privacy and security of electronic communications. Electronic mail and voice mail may not be used as effective notice under
the Loan Documents. 

  
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 14.3.3 Non-Conforming Communications. The Agent and Lenders may rely upon any
notices purportedly given by or on behalf of any Loan Party even if such notices were not made in a manner specified herein, were incomplete or were not confirmed, or if the terms thereof, as understood by the recipient, varied from a later
confirmation. Each Loan Party shall indemnify and hold harmless each Indemnitee from any liabilities, losses, costs and expenses arising from any telephonic communication purportedly given by or on behalf of a Loan Party. 

14.4 Performance of Loan Parties’ Obligations. The Agent may, in its discretion at any time and from time to time, at
the expense of the Loan Parties of the applicable Loan Party Group, pay any amount or do any act required of a Loan Party under any Loan Documents or otherwise lawfully requested by the Agent to (a) enforce any Loan Documents or collect any
Obligations; (b) protect, insure, maintain or realize upon any Collateral; or (c) defend or maintain the validity or priority of the Agent’s or any Security Trustee’s Liens in any Collateral, including any payment of a judgment,
insurance premium, warehouse charge, finishing or processing charge, or landlord claim, or any discharge of a Lien. All payments, costs and expenses (including Extraordinary Expenses) of the Agent under this Section 14.4 shall be reimbursed to
the Agent by Loan Parties, on demand, with interest from the date incurred to the date of payment thereof at the Default Rate applicable to U.S. Base Rate Loans. Any payment made or action taken by Agent under this Section 14.4 shall be without
prejudice to any right to assert an Event of Default or to exercise any other rights or remedies under the Loan Documents. 

14.5 Credit Inquiries. Each Loan Party hereby authorizes the Agent and Lenders (but they shall have no obligation) to
respond to usual and customary credit inquiries from third parties concerning any Loan Party or Subsidiary. 
 14.6
Severability. Wherever possible, each provision of the Loan Documents shall be interpreted in such manner as to be valid under Applicable Law. If any provision is found to be invalid under Applicable Law, it shall be ineffective only to
the extent of such invalidity and the remaining provisions of the Loan Documents shall remain in full force and effect. 

14.7 Cumulative Effect; Conflict of Terms. The provisions of the Loan Documents are cumulative. The parties acknowledge
that the Loan Documents may use several limitations, tests or measurements to regulate similar matters, and they agree that these are cumulative and that each must be performed as provided. Except as otherwise provided in another Loan Document (by
specific reference to the applicable provision of this Agreement), if any provision contained herein is in direct conflict with any provision in another Loan Document, the provision herein shall govern and control. 

14.8 Counterparts. Any Loan Document may be executed in counterparts, each of which shall constitute an original, but all
of which when taken together shall constitute a single contract. This Agreement shall become effective when the Agent has received counterparts bearing the signatures of all parties hereto. Delivery of a signature page of any Loan Document by
telecopy or other electronic means shall be effective as delivery of a manually executed counterpart of such agreement. 

14.9 Entire Agreement. Time is of the essence of the Loan Documents. The Loan Documents constitute the entire contract
among the parties relating to the subject matter hereof, and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof. 

  
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 14.10 Relationship with Lenders. The obligations of each Lender hereunder are
several, and no Lender shall be responsible for the obligations or Commitments of any other Lender. Amounts payable hereunder to each Lender shall be a separate and independent debt. It shall not be necessary for the Agent or any other Lender to be
joined as an additional party in any proceeding for such purposes. Nothing in this Agreement and no action of the Agent, Lenders or any other Secured Party pursuant to the Credit Documents shall be deemed to constitute the Agent and any Secured
Party to be a partnership, association, joint venture or any other kind of entity, nor to constitute control of any Loan Party. 

14.11 No Advisory or Fiduciary Responsibility. In connection with all aspects of each transaction contemplated by any
Credit Document, Loan Parties acknowledge and agree that (a)(i) this credit facility and any related arranging or other services by the Agent, any Lender, any of their Affiliates or any arranger are arm’s-length commercial transactions
between Loan Parties and such Person; (ii) Loan Parties have consulted their own legal, accounting, regulatory and tax advisors to the extent they have deemed appropriate; and (iii) Loan Parties are capable of evaluating, and understand
and accept, the terms, risks and conditions of the transactions contemplated by the Credit Documents; (b) each of the Agent, Lenders, their Affiliates and any arranger is and has been acting solely as a principal and, except as expressly agreed
in writing by the relevant parties, has not been, is not, and will not be acting as an advisor, agent or fiduciary for Loan Parties, any of their Affiliates or any other Person, and has no obligation with respect to the transactions contemplated by
the Credit Documents except as expressly set forth therein; and (c) the Agent, Lenders, their Affiliates and any arranger may be engaged in a broad range of transactions that involve interests that differ from those of Loan Parties and their
Affiliates, and have no obligation to disclose any of such interests to Loan Parties or their Affiliates. To the fullest extent permitted by Applicable Law, each Loan Party hereby waives and releases any claims that it may have against the Agent,
Lenders, their Affiliates and any arranger with respect to any breach of agency or fiduciary duty in connection with any transaction contemplated by a Loan Document. 
 14.12 Confidentiality. 
 14.12.1 General Provisions.
Each of the Agent, Lenders and each Fronting Bank shall maintain the confidentiality of all Information (as defined below), except that Information may be disclosed (a) to its Affiliates, and to its and their partners, members, directors,
officers, employees, agents, advisors and representatives (provided such Persons are informed of the confidential nature of the Information and instructed to keep it confidential); (b) to the extent requested by any governmental,
regulatory or self-regulatory authority purporting to have jurisdiction over it or its Affiliates; (c) to the extent required by Applicable Law or by any subpoena or other legal process; (d) to any other party hereto; (e) in
connection with any action or proceeding, or other exercise of rights or remedies, relating to any Loan Documents or Obligations; (f) subject to an agreement containing provisions substantially the same (or at least as restrictive) as this
Section 14.12, to any Transferee or any actual or prospective party (or its advisors) to any Bank Product; (g) with the consent of a Loan Party Agent; (h) to the extent such Information (i) becomes publicly available other than
as a result of a breach of this Section 14.12 

  
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 or (ii) is available to the Agent, any Lender, Fronting Bank or any of their Affiliates on a
nonconfidential basis from a source other than Loan Parties or (i) on a confidential basis to any rating agency in connection with rating any Borrower or its Subsidiaries. Notwithstanding the foregoing, the Agent and Lenders may publish or
disseminate general information describing this credit facility, including the names and addresses of Loan Parties and a general description of Loan Parties’ businesses, and may use Loan Parties’ logos, trademarks or product photographs in
advertising materials. As used herein, “Information” means all information received from a Loan Party or Subsidiary relating to it or its business that is identified as confidential when delivered. Any Person required to maintain
the confidentiality of Information pursuant to this Section 14.12 shall be deemed to have complied if it exercises the same degree of care that it accords its own confidential information. Each of the Agent, Lenders and each Fronting Bank
acknowledges that (A) Information may include material non-public information concerning a Loan Party or Subsidiary; (B) it has developed compliance procedures regarding the use of material non-public information; (C) it will handle
such material non-public information in accordance with Applicable Law, including federal, state, provincial and territorial securities laws; and (D) nothing herein, for purposes of the Singapore Loan Parties, shall be deemed to constitute an
agreement by them, with such Singapore Loan Parties, to prescribe a higher degree of confidentiality than that contained in the Singapore Banking Act. 
 14.12.2 PPSA Australia. Nothing requires a Secured Party to disclose any information of the kind referred to in section 275(1) of the PPSA Australia. The Loan Parties agree that they will
only authorize the disclosure of information under section 275(7)(c) or request information under section 275(7)(d) if the Agent approves. 
 14.13 Certifications Regarding Indentures. Borrowers certify to the Agent and Lenders that neither the execution or performance of the Loan Documents nor the incurrence of any Obligations by
Borrowers violates the Senior Secured Notes Indenture. Borrowers further certify that the Commitments and Obligations constitute Permitted Debt under the Senior Secured Notes Indenture. Agent may condition Borrowings, Letters of Credit and other
credit accommodations under the Loan Documents from time to time upon Agent’s receipt of evidence that the Commitments and Obligations continue to constitute Permitted Debt at such time. 

14.14 GOVERNING LAW. THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS, UNLESS OTHERWISE SPECIFIED, SHALL BE GOVERNED BY THE LAWS OF
THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO ANY CONFLICT OF LAW PRINCIPLES (BUT GIVING EFFECT TO SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATION LAW AND FEDERAL LAWS RELATING TO NATIONAL BANKS). 

14.15 Consent to Forum; Process Agent. 
 14.15.1 Forum. EACH PARTY HERETO HEREBY CONSENTS TO THE NON-EXCLUSIVE JURISDICTION OF ANY FEDERAL OR STATE COURT SITTING IN OR WITH JURISDICTION OVER THE STATE OF NEW YORK, IN ANY PROCEEDING
OR DISPUTE RELATING IN ANY WAY TO ANY LOAN DOCUMENTS, AND EACH LOAN PARTY AGREES THAT ANY SUCH PROCEEDING SHALL BE BROUGHT BY IT SOLELY IN ANY SUCH COURT. EACH PARTY IRREVOCABLY WAIVES ALL 

  
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 CLAIMS, OBJECTIONS AND DEFENSES THAT IT MAY HAVE REGARDING SUCH COURT’S PERSONAL OR SUBJECT MATTER
JURISDICTION, VENUE OR INCONVENIENT FORUM. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES IN SECTION 14.3.1. Nothing herein shall limit the right of the Agent, any Security Trustee or any Lender
to bring proceedings against any Loan Party in any other court, nor limit the right of any party to serve process in any other manner permitted by Applicable Law. Nothing in this Agreement shall be deemed to preclude enforcement by the Agent or any
Security Trustee of any judgment or order obtained in any forum or jurisdiction. Final judgment against a Loan Party in any action, suit or proceeding shall be conclusive and may be enforced in any other jurisdiction, including the country in which
such Loan Party is domiciled, by suit on the judgment. 
 14.15.2 Process Agent. Without prejudice to any other
mode of service allowed under any relevant law, each Foreign Borrower and each other Loan Party organized outside the U.S. (a) irrevocably appoints CT Corporation located at 111 Eighth Avenue, 13th Floor, New York, New York 10011, as its agent
for service of process in relation to any action or proceeding arising out of or relating to any Loan Documents, and (b) agrees that failure by a process agent to notify such Borrower or such Loan Party of any process will not invalidate the
proceedings concerned. For purposes of clarity, nothing in this Agreement or any other Loan Document will affect the right of any party to this Agreement to serve process in any other manner permitted by law. 

14.16 Waivers by Loan Parties. To the fullest extent permitted by Applicable Law, each Loan Party waives (a) the
right to trial by jury (which the Agent, each Security Trustee and each Lender hereby also waives) in any proceeding or dispute of any kind relating in any way to any Loan Documents, Obligations or Collateral; (b) presentment, demand, protest,
notice of presentment, default, non-payment, maturity, release, compromise, settlement, extension or renewal of any commercial paper, accounts, documents, instruments, chattel paper and guaranties at any time held by the Agent on which a Loan Party
may in any way be liable, and hereby ratifies anything the Agent may do in this regard; (c) notice prior to taking possession or control of any Collateral; (d) any bond or security that might be required by a court prior to allowing the
Agent or a Security Trustee to exercise any rights or remedies; (e) the benefit of all valuation, appraisement and exemption laws; (f) any claim against any Indemnitee, on any theory of liability, for special, indirect, consequential,
exemplary or punitive damages (as opposed to direct or actual damages) in any way relating to any Enforcement Action, Obligations, Loan Documents or transactions relating thereto; and (g) notice of acceptance hereof. Each Loan Party
acknowledges that the foregoing waivers are a material inducement to the Agent, each Security Trustee, each Fronting Bank and Lenders entering into this Agreement and that the Agent, Security Trustees, each Fronting Bank and Lenders are relying upon
the foregoing in their dealings with Loan Parties. Each Loan Party has reviewed the foregoing waivers with its legal counsel and has knowingly and voluntarily waived its jury trial and other rights following consultation with legal counsel. In the
event of litigation, this Agreement may be filed as a written consent to a trial by the court. 
 14.17 Contracting out of
PPSA Australia Provisions. 

  
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 14.17.1 PPSA Notices. Neither a Secured Party nor any receiver or manager is
obliged to give any notice under the PPSA Australia (including notice of a verification statement) unless the notice is required by the PPSA Australia and cannot be excluded. The Loan Parties consent to the waiver of the requirement for notice and
waive any rights they have to receive a notice under sections 95, 118, 121(4), 130, 135 and 157 of the PPSA Australia. 

14.17.2 Contracting Out. To the extent that Chapter 4 of the PPSA Australia would otherwise apply, the parties agree that
the following provisions of the PPSA Australia are excluded: (a) to the extent permitted by section 115(1) of the PPSA Australia allows them to be excluded: sections 125, 132(3)(d), 132(4), 135, without limiting Section 12.3.1(a) 142 and
143 of the PPSA Australia; and (b) to the extent permitted by section 115(7) of the PPSA Australia allows them to be excluded: sections 129(2) and (3), 132, 133(1)(b) (as it relates to a Lien of a Secured Party), 134(2), 135, 136(3)(4) and (5).
The Loan Parties consent to the waiver of the requirement for notice under any other provision of the PPSA Australia that a Secured Party may notify to a Loan Party after the date of this document and waives any rights it has to receive that notice.

 14.18 Waiver of Rights (PPSA New Zealand). The Loan Parties: 

(a) have no rights under, or by reference to, sections 114(1)(a), 133 and 134 of the PPSA New Zealand; 

(b) waive their rights to: 
 (i) not have goods damaged if a Secured Party or a receiver removes an accession under section 125 of the PPSA New Zealand; 

(ii) receive notice of the removal of an accession under section 129 of the PPSA New Zealand; 

(iii) apply to the court for an order concerning the removal of an accession under section 131 of the PPSA New Zealand;

 (iv) receive a statement of account under section 116 of the PPSA New Zealand; 

(v) receive notice of any proposal of a Secured Party or a receiver to retain collateral under section 120(2) of the PPSA
New Zealand; and 
 (vi) object to any proposal of a Secured Party or a receiver to retain collateral under
section 121 of the PPSA New Zealand; and 
 (c) waive their rights under section 148 of the PPSA New Zealand to receive a copy
of a verification statement in respect of any financing statement or financing change statement registered by a Secured Party in respect of any personal property. 

  
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 14.19 Patriot Act Notice. The Agent and Lenders hereby notify Loan Parties
that pursuant to the requirements of the Patriot Act, the Proceeds of Crime Act and other applicable anti-money laundering, anti-terrorist financing, economic or trade sanctions and “know your client” policies, regulations, laws or rules
(the Proceeds of Crime Act and such other applicable policies, regulations, laws or rules, collectively, including any guidelines or orders thereunder, “AML Legislation”), the Agent and Lenders are required to obtain, verify and
record certain information that identifies each Loan Party, including its legal name, address, tax ID number and other similar information that will allow the Agent and Lenders to identify it in accordance with the Patriot Act and the AML
Legislation. The Agent and Lenders may require information regarding Loan Parties’ management and owners, such as legal name, address, social security number and date of birth. Each Loan Party shall promptly provide all such information,
including supporting documentation and other evidence, as may be reasonably requested by any Lender or any prospective assignee or participant of a Lender, in order to comply with the Patriot Act and/or the AML Legislation. 

14.20 Canadian Anti-Money Laundering Legislation. If the Agent has ascertained the identity of any Canadian Facility Loan
Party or any authorized signatories of any Canadian Facility Loan Party for the purposes of applicable AML Legislation, then the Agent: 
 (a) shall be deemed to have done so as an agent for each Canadian Lender, and this Agreement shall constitute a “written agreement” in such regard between each Canadian Lender and the Agent
within the meaning of the applicable AML Legislation; and 
 (b) shall provide to each Canadian Lender copies of all information
obtained in such regard without any representation or warranty as to its accuracy or completeness. 
 Notwithstanding the preceding sentence and
except as may otherwise be agreed in writing, each of the Canadian Lenders agrees that the Agent has no obligation to ascertain the identity of the Canadian Facility Loan Parties or any authorized signatories of the Canadian Facility Loan Parties on
behalf of any Canadian Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Facility Loan Party or any such authorized signatory in doing so. 

14.21 Know Your Customer. At the request of the Agent, the Borrowers shall promptly supply or procure the supply of
documentation and other evidence as is reasonably requested by the Agent (on its behalf or for any Credit Party or prospective Credit Party) in order for a Credit Party to comply with all necessary AML Legislation in connection with the transactions
contemplated in the Loan Documents. 
 14.22 Australian Anti-Money Laundering Provisions. The Australian Borrowers
agree that the Agent may delay, block or refuse to process any request for a Borrowing or Australian Letter of Credit without incurring any liability if any Australian Lender reasonably suspects that: 

(a) the transaction may breach any AML Legislation; 
 (b) the transaction involves any Person (natural, corporate or governmental) that is sanctioned under economic and trade sanctions imposed by the United States, the European Union or Australia; or

  
 341

 (c) the transaction may directly or indirectly involve the proceeds of, or be applied for
the purposes of, conduct which is unlawful in Australia. 
 The Australian Borrowers must provide all information to the Agent
which any Australian Lender reasonably requires in order to manage its money-laundering, terrorism-financing or economic and trade sanctions risk or to comply with any laws or regulations in Australia. The Australian Borrowers agree that the Agent
may disclose any information concerning the Australian Borrowers to: 
 (i) any law enforcement, regulatory
agency or court where required by any such law or regulations in Australia; and 
 (ii) any correspondent entity
an Australian Lender uses to make the payment for the purpose of compliance with any such law or regulation. 
 Unless an
Australian Borrower has disclosed that it is acting in a trustee capacity or on behalf of another party, the Australian Borrower warrants that it is acting on its own behalf in entering into this document. 

Each Australian Borrower declares and undertakes to the Agent that the processing of any request for a Borrowing or Australian Letter of
Credit by the Agent in accordance with an Australian Borrower’s instructions will not breach any laws or regulations in Australia. 
 14.23 Belgian Anti-Money Laundering Legislation. Each of the Belgian Lenders agrees that the Agent has no obligation to ascertain the identity of the Belgian Facility Loan Parties or any
authorized signatories of the Belgian Facility Loan Parties on behalf of any Belgian Lender, or to confirm the completeness or accuracy of any information it obtains from any Belgian Facility Loan Party or any such authorized signatory in doing so.

 14.24 “Know your customer” Checks. Each Lender shall promptly upon the request of the Agent supply,
or procure the supply of, such documentation and other evidence as is reasonably requested by the Agent (for itself) in order for the Agent to comply with all necessary “know your customer” or other similar checks under all AML Legislation
in connection with the transactions contemplated in the Loan Documents. 
 14.25 Reinstatement. This Agreement
shall remain in full force and effect and continue to be effective should any petition be filed by or against any Loan Party for liquidation or reorganization, should any Loan Party become insolvent or make an assignment for the benefit of creditors
or should a receiver or trustee be appointed for all or any significant part of such Loan Party’s assets, and shall continue to be effective or be reinstated, as the case may be, if at any time payment and performance of the Obligations, or any
part thereof, is, pursuant to Applicable Law, rescinded or reduced in amount, or must otherwise be restored or returned by any obligee of the Obligations, whether as a “voidable preference”, “fraudulent conveyance”, or otherwise,
all as though such payment or performance had not been made. In the event that any payment, or any part thereof, is rescinded, reduced, restored or returned, the Obligations shall be reinstated and deemed reduced only by such amount paid and not so
rescinded, reduced, restored or returned. 

  
 342

 14.26 Nonliability of Lenders. Neither the Agent, any Fronting Bank nor any
Lender undertakes any responsibility to any Loan Party to review or inform any Loan Party of any matter in connection with any phase of any Loan Party’s business or operations. Each Loan Party agrees, on behalf of itself and each other Loan
Party, that neither the Agent, any Fronting Bank nor any Lender shall have liability to any Loan Party (whether sounding in tort, contract or otherwise) for losses suffered by any Loan Party in connection with, arising out of, or in any way related
to the transactions contemplated and the relationship established by the Loan Documents, or any act, omission or event occurring in connection therewith, unless it is determined in a final non-appealable judgment by a court of competent jurisdiction
that such losses resulted from the gross negligence, willful misconduct or bad faith of the party from which recovery is sought. NO LENDER SHALL BE LIABLE FOR ANY DAMAGES ARISING FROM THE USE BY OTHERS OF ANY INFORMATION OR OTHER MATERIALS OBTAINED
THROUGH INTRALINKS OR OTHER SIMILAR INFORMATION TRANSMISSION SYSTEMS IN CONNECTION WITH THIS AGREEMENT. 
 14.27
Ratification of Loan Documents. Each Borrower hereby ratifies and affirms its obligations under the Loan Documents (as amended, restated or otherwise modified on the Closing Date), each of which (as amended, restated or otherwise modified
on the Closing Date) shall continue in full force and effect. 
 [Remainder of page intentionally left blank; signatures begin on
following page] 

  
 343

 IN WITNESS WHEREOF, this Agreement has been executed and delivered as of the date
set forth above. 
  

			
	MCJUNKIN RED MAN CORPORATION,
as a U.S. Borrower and Guarantor
		
	By:	 	/s/ James E. Braun
	 Name:
	 	James E. Braun
	 Title:
	 	Executive Vice President and Chief Financial Officer
	
	 2 Houston Center

909 Fannin, Suite 3100

Houston, TX 77010-1011

Attn: James E. Braun

Telecopy: (832) 308-2876

  

			
	GREENBRIER PETROLEUM CORPORATION,
as a U.S. Borrower and Guarantor
		
	By:	 	/s/ James E. Braun
	 Name:
	 	James E. Braun
	 Title:
	 	Executive Vice President and Chief Financial Officer

  

			
	MCJUNKIN RED MAN DEVELOPMENT CORPORATION, as a U.S. Borrower and Guarantor
		
	By:	 	/s/ James E. Braun
	 Name:
	 	James E. Braun
	 Title:
	 	Executive Vice President and Chief Financial Officer

  

			
	MIDWAY – TRISTATE CORPORATION,
as a U.S. Borrower and Guarantor
		
	By:	 	/s/ James E. Braun
	 Name:
	 	James E. Braun
	 Title:
	 	Executive Vice President and Chief Financial Officer

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	MILTON OIL & GAS COMPANY,
as a U.S. Borrower and Guarantor
		
	By:	 	/s/ James E. Braun
	 Name:
	 	James E. Braun
	 Title:
	 	Executive Vice President and Chief Financial Officer

  

			
	MRC MANAGEMENT COMPANY,
as a U.S. Borrower and Guarantor
		
	By:	 	/s/ James E. Braun
	 Name:
	 	James E. Braun
	 Title:
	 	Executive Vice President and Chief Financial Officer

  

			
	RUFFNER REALTY COMPANY,
as a U.S. Borrower and Guarantor
		
	By:	 	/s/ James E. Braun
	 Name:
	 	James E. Braun
	 Title:
	 	Executive Vice President and Chief Financial Officer

  

			
	THE SOUTH TEXAS SUPPLY COMPANY, INC. as a U.S. Borrower and Guarantor
		
	By:	 	/s/ James E. Braun
	 Name:
	 	James E. Braun
	 Title:
	 	Executive Vice President and Chief Financial Officer

  

			
	MIDFIELD SUPPLY ULC, as a Canadian Borrower
		
	By:	 	/s/ James E. Braun
	 Name:
	 	James E. Braun
	 Title:
	 	Executive Vice President and Chief Financial Officer

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	MRC TRANSMARK HOLDINGS UK LIMITED, as a UK Borrower
		
	By:	 	/s/ John Bowhay
	 Name:
	 	John Bowhay
	 Title:
	 	Managing Director
	
	 Heaton House, Riverside Drive, Hunsworth Lane

Bradford BD19 4DH
 Attn: Senior Vice President International Finance and Administration
 Telecopy:
+44 (0) 1274 700166

  

			
	MRC TRANSMARK LIMITED,
as a UK Borrower
		
	By:	 	/s/ John Bowhay
	 Name:
	 	John Bowhay
	 Title:
	 	Managing Director

  

			
	MRC TRANSMARK (DRAGON) LIMITED,
as a UK Borrower
		
	By:	 	/s/ John Bowhay
	 Name:
	 	John Bowhay
	 Title:
	 	Managing Director

  

			
	MRC SPF SCANFIT LIMITED,
as a UK Borrower
		
	By:	 	/s/ John Bowhay
	 Name:
	 	John Bowhay
	 Title:
	 	Managing Director

  

			
	MRC TRANSMARK NV, as a Belgian Borrower
		
	By:	 	 
	 Name:
	 	 
	 Title:
	 	 

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	MRC TRANSMARK HOLDINGS UK LIMITED,
as a UK Borrower
		
	By:	 	 
	 Name:
	 	 
	 Title:
	 	 
	
	 Heaton House, Riverside Drive, Hunsworth Lane

Bradford BD19 4DH
 Attn: Senior Vice President International Finance and Administration
 Telecopy:
+44 (0) 1274 700166

  

			
	MRC TRANSMARK LIMITED,
as a UK Borrower
		
	By:	 	 
	 Name:
	 	 
	 Title:
	 	 

  

			
	MRC TRANSMARK (DRAGON) LIMITED,
as a UK Borrower
		
	By:	 	 
	 Name:
	 	 
	 Title:
	 	 

  

			
	MRC SPF SCANFIT LIMITED,
as a UK Borrower
		
	By:	 	 
	 Name:
	 	 
	 Title:
	 	 

  

			
	MRC TRANSMARK NV, as a Belgian Borrower
		
	By:	 	/s/ Luc Belis
	 Name:
	 	Luc Belis
	 Title:
	 	Permanent Representative of L. Belis BVBA, Special Attorney

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	MRC TRANSMARK B.V., as a Dutch Borrower
		
	By:	 	/s/ L. Meijer
	 Name:
	 	L. Meijer
	 Title:
	 	Attorney

  

			
	MRC TRANSMARK INTERNATIONAL B.V.,
as a Dutch Borrower
		
	By:	 	/s/ L. Meijer
	 Name:
	 	L. Meijer
	 Title:
	 	Attorney

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 MRC TRANSMARK PTY LTD, as an Australian Borrower 

 

							
	Signed for and on behalf of MRC Transmark Pty Ltd ACN 080 156 378 by attorney Dean DeGiorgio under power of attorney dated 23.03.12 and the attorney declares that the attorney has
not received any notice of the revocation of such power of attorney, in the presence of:	  		  	/s/ Dean DeGiorgio	  	
				
	/s/ Hugh David Anderson	  		  		  	
	 Signature of witness
	  		  		  	
				
	HUGH DAVID ANDERSON	  		  		  	
	Name of witness (BLOCK LETTERS)	  		  		  	
				
	 526 Collins Street, Melbourne

An Australian Legal Practitioner
 within the meaning of the Legal
 Profession Act 2004

 
	  		  	 Heaton House, Riverside Drive,
 Hunsworth Lane
 Bradford BD19 4DH
 Attn: Senior Vice President
 International Finance and

Administration
 Telecopy: +44 (0) 1274
700166
	  	
	Address of witness	  		  		  	

 MRC SPF PTY LTD., as an Australian Borrower 

 

							
	Signed for and on behalf of MRC SPF Pty Ltd. ACN 088 104 410 by attorney Dean DeGiorgio .under power of attorney dated
                     and the attorney declares that the attorney has not received any notice of the revocation of such power of attorney, in the
presence of:	  		  	/s/ Dean DeGiorgio	  	
				
	/s/ Hugh David Anderson	  		  		  	
	 Signature of witness
	  		  		  	
				
	HUGH DAVID ANDERSON	  		  		  	
	 Name of witness (BLOCK LETTERS)
	  		  		  	
				
	 526 Collins Street, Melbourne

An Australian Legal Practitioner
 within the meaning of the Legal
 Profession Act 2004
	  		  		  	
	 Address of witness
	  		  		  	

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	AGENT AND LENDERS:
	
	BANK OF AMERICA, N.A.,
as Agent and a U.S. Lender
		
	By:	 	/s/ Mark Porter
	 Name:
	 	Mark Porter
	 Title:
	 	Senior Vice President
	
	 Bank of America, N.A. as Agent

901 Main Street, Floor 11

Mail Code TX1-492-11-23

Dallas, Texas 75202
  

Attn: Mark Porter

Telecopy: 214-209-4766

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	BANK OF AMERICA, N.A.
(acting through its Canada branch), as a Canadian Lender
		
	By:	 	/s/ Medina Sales De Andrade
	 Name:
	 	Medina Sales De Andrade
	 Title:
	 	Vice President
	
	 Bank of America, N.A. as Agent

901 Main Street, Floor 11

Mail Code TX1-492-11-23

Dallas, Texas 75202
  

Attn: Medina Sales De Andrade

Telecopy: 416-369-7647

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
					
	BANK OF AMERICA, N.A. (acting through its London Branch), as European Security Trustee and as a Belgian Lender, a Dutch Lender and a UK Lender
		
	By:	 	/s/ Mark Porter
	 Name:
	 	Mark Porter
	 Title:
	 	Senior Vice President
		
		 	 
		 	 
		 	Attn:	 	 
		 	Telecopy:	 	 

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
					
	BANK OF AMERICA, N.A. (acting through its Australia Branch), as AUS-NZ Security Trustee and as an Australian Lender
		
	 By:
	 	/s/ Mark Porter
	 Name:
	 	 Mark Porter

	 Title:
	 	Senior Vice President
		
		 	 
		 	 
		 	Attn:	 	 
		 	Telecopy:	 	 
	
	With a copy to:
	
	Bank of America, N.A. (acting through its Hong Kong branch)
	979 King’s Road
	Level 14 Devon House
	Quarry Bay
	Hong Kong
	Attn: Loan Agency

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

  

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as a U.S. Lender
		
	By:	 	/s/ Brant Murdock
	Name:	 	Brant Murdock
	Title:	 	Authorized Signatory
		
		 	 301 South College Street, 22nd Floor

Charlotte, NC 28202
 Attn: Dave Warga

Telecopy: 704-715-0016

	
	WELLS FARGO CAPITAL FINANCE CORPORATION CANADA, as a Canadian Lender
		
	By:	 	 
	Name:	 	 
	Title:	 	 
		
		 	 301 South College Street, 22nd Floor

Charlotte, NC 28202
 Attn: Dave Warga

Telecopy: 704-715-0016

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as a U.S. Lender
		
	By:	 	 
	Name:	 	Brant Murdock
	Title:	 	Authorized Signatory
		
		 	 301 South College Street, 22nd Floor

Charlotte, NC 28202
 Attn: Dave Warga

Telecopy: 704-715-0016

	
	WELLS FARGO CAPITAL FINANCE CORPORATION CANADA, as a Canadian Lender
		
	By:	 	/s/ Domenic Cosentino
	Name:	 	Domenic Cosentino
	Title:	 	Authorized Signatory
		
		 	 301 South College Street, 22nd Floor

Charlotte, NC 28202
 Attn: Dave Warga

Telecopy: 704-715-0016

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, LONDON BRANCH,
as an Australian Lender, a Belgian Lender and a Dutch Lender
		
	By:	 	/s/ Anita Best
	Name:	 	Anita Best
	Title:	 	Senior Vice President
		
		 	 301 South College Street, 22nd Floor

Charlotte, NC 28202
 Attn: Dave Warga

Telecopy: 704-715-0016

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	BARCLAYS BANK PLC, as a U.S. Lender, a Canadian Lender and an Australian Lender
		
	By:	 	/s/ Michael J. Mozer
	Name:	 	Michael J. Mozer
	Title:	 	Vice President
		
		 	 745 Seventh Avenue
 New
York, NY 10019
 Attn: Michael Mozer

Telecopy: 212-526-1456

	
	BARCLAYS BANK PLC,
a Belgian Lender and a Dutch Lender
		
	By:	 	/s/ Michael J. Mozer
	Name:	 	Michael J. Mozer
	Title:	 	Vice President
		
		 	 745 Seventh Avenue
 New
York, NY 10019
 Attn: Michael Mozer

Telecopy: 212-526-1456

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
					
	GOLDMAN SACHS LENDING PARTNERS LLC, as a U.S. Lender and a Canadian Lender
		
	By:	 	/s/ Mark Walton
	Name:	 	Mark Walton
	Title:	 	Authorized Signatory
		
		 	 
		 	 
		 	Attn:	 	 
		 	Telecopy:	 	 

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	U.S. BANK NATIONAL ASSOCIATION,
as a U.S. Lender
		
	By:	 	/s/ Kelli Stabenow
	Name:	 	Kelli Stabenow
	Title:	 	Assistant Vice President
		
		 	 209 South LaSalle Street, Suite 300
 Chicago, IL 60604
 Attn: Kelli Stabenow
 Telecopy: 312-325-8905

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
					
	U.S. BANK NATIONAL ASSOCIATION, CANADA BRANCH, as a Canadian Lender
		
	By:	 	/s/ Joseph Rauhala
	Name:	 	Joseph Rauhala
	Title:	 	Principal Officer
		
		 	 
		 	 
		 	Attn:	 	 
		 	Telecopy:	 	 

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
					
	SUNTRUST BANK, as a U.S. Lender
		
	By:	 	/s/ David Holland
	Name:	 	David Holland
	Title:	 	VP, Portfolio Manager
		
		 	 
		 	 
		 	Attn:	 	 
		 	Telecopy:	 	 

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
					
	TD BANK, N.A., as a U.S. Lender
		
	By:	 	/s/ Edward Behnen
	Name:	 	Edward Behnen
	Title:	 	Vice President
		
		 	 317 Madison Avenue

New York, NY 10017
 Attn: Edward
Behnen
 Telecopy: (856) 533-7124

	
	THE TORONTO-DOMINION BANK,
as a Canadian Lender
		
	By:	 	 
	Name:	 	 
	Title:	 	 
		
		 	 
		 	 
		 	Attn:	 	 
		 	Telecopy:	 	 
		
		 	
	
	

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
					
	TD BANK, N.A., as a U.S. Lender
		
	By:	 	 
	 Name:
	 	 
	 Title:
	 	 
		
		 	 
		 	 
		 	Attn:	 	 
		 	Telecopy:	 	 

  

			
	THE TORONTO-DOMINION BANK,
as a Canadian Lender
		
	By:	 	/s/ Darcy Mack                     /s/
Michael Ho
	Name:	 	Darcy Mack                         Michael
Ho
	Title:	 	Vice President                     Analyst
		
		 	 
		 	 
		 	Attn: Michael Ho
		 	Telecopy: 416-983-6522

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
					
	CIT BANK., as a U.S. Lender
		
	By:	 	/s/ Julie Patience
	 Name:
	 	Julie Patience
	 Title:
	 	Authorized Signatory
		
		 	 
		 	 
		 	Attn:	 	 
		 	Telecopy:	 	 

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
					
	PNC BANK, NATIONAL ASSOCIATION,
as a U.S. Lender
		
	By:	 	/s/ Katheine M. Garland
	Name:	 	Katheine M. Garland
	 Title:
	 	Bank Officer
		
		 	 340 Madison Avenue, 11th Floor
 New
York, NY 10173
 Attn: Katherine Garland

Telecopy: 212-303-0060

	
	PNC BANK CANADA BRANCH,
as a Canadian Lender
		
	By:	 	 
	Name:	 	 
	 Title:
	 	 
		
		 	 
		 	 
		 	Attn:	 	 
		 	Telecopy:	 	 

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
					
	PNC BANK, NATIONAL ASSOCIATION,
as a U.S. Lender
		
	By:	 	 
	Name:	 	 
	 Title:
	 	 
		
		 	 
		 	 
		 	Attn:	 	 
		 	Telecopy:	 	 

  

			
	PNC BANK CANADA BRANCH,
as a Canadian Lender
		
	By:	 	/s/ Mike Danby
	Name:	 	Mike Danby
	Title:	 	Assistant Vice President
		
		 	 
		 	 
		 	Attn: Account Officer
		 	Telecopy: 416-361-0085

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	RBS CITIZENS BUSINESS CAPITAL,
a division of RBS ASSET FINANCE, INC., a subsidiary of RBS CITIZENS, N.A., as a U.S. Lender
		
	By:	 	/s/ Patrick Aarons
	Name:	 	Patrick Aarons
	Title:	 	Senior Vice President
		
		 	 100 Galleria Parkway, Suite 1100
 Atlanta, Georgia 30339
 Attn: Portfolio Manager

Telecopy: 770-850-4895

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	RBS INVOICE FINANCE LIMITED,
as a Belgian Lender, a Dutch Lender and a UK Lender
		
	By:	 	/s/ Christopher Hawes
	Name:	 	Christopher Hawes
	Title:	 	Director, Corporate
		
		 	 280 Bishopsgate
 London EC2M
4RB
 Attn: Jessica Brown
 Telecopy:
0207 672 1356

	
	RBS INVOICE FINANCE LIMITED,
as an Australian Lender
		
	By:	 	/s/ Christopher Hawes
	Name:	 	Christopher Hawes
	Title:	 	Director, Corporate
		
		 	 280 Bishopsgate
 London EC2M
4RB
 Attn: Jessica Brown
 Telecopy:
0207 672 1356

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	UNION BANK, N.A.,
as a U.S. Lender and an Australian Lender
		
	By:	 	/s/ Mike Richman
	Name:	 	Mike Richman
	Title:	 	VP
		
		 	 445 S. Figueroa #13
 LA, CA
90071
 Attn: Mike Richman
 Telecopy:
215-236-6089

	
	UNION BANK, CANADA BRANCH,
as a Canadian Lender
		
	By:	 	/s/ Anne Collins
	Name:	 	Anne Collins
	Title:	 	Vice President
		
		 	 730 – 440 2nd Ave. S.W.

Calgary, Alberta, T2P 5E9
 Attn: Anne
Collins
 Telecopy: 403-264-2770

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	JPMORGAN CHASE BANK, N.A.,
as a U.S. Lender
		
	By:	 	/s/ Dan Bueno
	Name:	 	Dan Bueno
	Title:	 	Vice President
		
		 	 270 Park Avenue, 44th Floor
 New
York, NY 10017
 Telecopy: 646-534-2274

	
	JPMORGAN CHASE BANK, N.A., TORONTO BRANCH, as a Canadian Lender
		
	By:	 	 
	Name:	 	 
	Title:	 	 
		
		 	__________________________
		 	__________________________
		 	Attn:
                                         
  
		 	Telecopy:
                                   

 
			
	
	JPMORGAN CHASE BANK, N.A., SYDNEY BRANCH (ABN 43 074 112 011),
as an Australian Lender
		
	By:	 	 
	Name:	 	 
	Title:	 	 
		
		 	__________________________
		 	__________________________
		 	Attn:
                                         
  
		 	Telecopy:
                                   

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	JPMORGAN CHASE BANK, N.A.,
as a U.S. Lender
		
	By:	 	 
	Name:	 	 
	Title:	 	 
		
		 	__________________________
		 	__________________________
		 	Attn:
                                         
  
		 	Telecopy:
                                   
	
	JPMORGAN CHASE BANK, N.A., TORONTO BRANCH, as a Canadian Lender
		
	By:	 	/s/ Agostino A. Marchetti
	Name:	 	Agostino A. Marchetti
	Title:	 	SVP
		
		 	__________________________
		 	__________________________
		 	Attn:
                                         
  
		 	Telecopy:
                                   
	
	JPMORGAN CHASE BANK, N.A., SYDNEY BRANCH (ABN 43 074 112 011),
as an Australian Lender
		
	By:	 	 
	Name:	 	 
	Title:	 	 
		
		 	__________________________
		 	__________________________
		 	Attn:
                                         
  
		 	Telecopy:
                                   

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	JPMORGAN CHASE BANK, N.A., as a U.S. Lender
		
	By:	 	 
	Name:	 	 
	Title:	 	 
		
		 	__________________________
		 	__________________________
		 	Attn:
                                         
  
		 	Telecopy:
                                   
	
	JPMORGAN CHASE BANK, N.A., TORONTO BRANCH, as a Canadian Lender
		
	By:	 	 
	Name:	 	 
	Title:	 	 
		
		 	__________________________
		 	__________________________
		 	Attn:
                                         
  
		 	Telecopy:
                                   

  

			
	JPMORGAN CHASE BANK, N.A., SYDNEY BRANCH (ABN 43 074 112 011),
as an Australian Lender
		
	By:	 	/s/ Lee Wilkinson
	Name:	 	Lee Wilkinson
	 Title:
	 	Executive Director
		
		 	 Level 32 Grosvenor Place

225 George Street, Sydney
 NSW 2000
Australia

		
		 	 Attn: Lee Wilkinson

Telecopy: +612 9220 7803

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	THE HUNTINGTON NATIONAL BANK,
as a U.S. Lender
		
	By:	 	/s/ Derek Taylor
	Name:	 	Derek Taylor
	Title:	 	Vice President
		
		 	 310 Grant St., 5th Floor

Pittsburgh, PA. 15219
 Attn: Derek
Taylor

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	FLAGSTAR BANK, FSB, as a U.S. Lender
		
	By:	 	/s/ Willard D. Dickerson, Jr.
	Name:	 	Willard D. Dickerson, Jr.
	Title:	 	Senior Vice President
		
		 	 16 Chestnut Street
 Foxboro,
MA 02035
 Attn: Willard D. Dickerson, Jr.
 Telecopy: 617-543-1976

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	RAYMOND JAMES BANK, N.A., as a U.S. Lender
		
	By:	 	/s/ James M. Armstrong
	Name:	 	James M. Armstrong
	Title:	 	Senior Vice President
		
		 	 Raymond James Bank, N.A.

710 Carillon Parkway
 St. Petersburg, FL
33716
  
 Attn: James Armstrong

Telecopy: (866) 205-1396

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	CITY NATIONAL BANK,
as a U.S. Lender and a Canadian Lender
		
	By:	 	/s/ Robert Yasuda
	Name:	 	Robert Yasuda
	Title:	 	Vice President
		
		 	__________________________
		 	__________________________
		 	Attn:
                                         
  
		 	Telecopy:
                                   

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	CAPITAL ONE LEVERAGE FINANCE CORP., as a U.S. Lender
		
	By:	 	/s/ Michael Burns
	Name:	 	Michael Burns
	Title:	 	Senior Vice President
		
		 	 275 Broadhollow Road

Melville, N.Y. 11747
 Attn: Robert
Wallace
 Telecopy: (800) 986-0323

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	BOKF, NA, as a U.S. Lender
		
	By:	 	/s/ Ryan Kirk
	Name:	 	Ryan Kirk
	Title:	 	Commercial Banking Officer
		
		 	 One William Center, 8th Floor
 Tulsa,
OK 74172
 Attn: Ryan Kirk
 Telecopy:
918-280-3368

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	HSBC BANK USA, N.A., as a U.S. Lender
		
	By:	 	/s/ Robert F. Mello
	Name:	 	Robert F. Mello
	Title:	 	Vice President
		
		 	__________________________
		 	__________________________
		 	Attn:
                                         
  
		 	Telecopy:
                                   

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	KEYBANK, N.A., as a U.S. Lender
		
	By:	 	/s/ Andrew Ashley
	Name:	 	Andrew Ashley
	Title:	 	AVP
		
		 	 4900 Tiedeman Road

OH-01-49-0114
 Brooklyn, OH 44144-2303

Attn: Matt Schorgl
 Telecopy:
216-370-6001

	
	KEYBANK, N.A., as a Canadian Lender
		
	By:	 	/s/ Andrew Ashley
	Name:	 	Andrew Ashley
	Title:	 	AVP
		
		 	 4900 Tiedeman Road

OH-01-49-0114
 Brooklyn, OH 44144-2303

Attn: Matt Schorgl
 Telecopy:
216-370-6001

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 
			
	REGIONS BANK, as a U.S. Lender
		
	By:	 	/s/ John Eckhouse
	Name:	 	John Eckhouse
	Title:	 	Vice President
		
		 	__________________________
		 	__________________________
		 	 Attn: Acct Mgr- McJunkin

Telecopy: (205) 264-5282

	
	REGIONS BANK, as a Dutch Lender
		
	By:	 	/s/ John Eckhouse
	Name:	 	John Eckhouse
	Title:	 	Vice President
		
		 	__________________________
		 	__________________________
		 	 Attn: Acct Mgr- McJunkin

Telecopy: (205) 264-5282

 [Signature Page to Amended and Restated Loan, Security and Guarantee Agreement] 

 EXHIBIT A-1 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF ASSIGNMENT AND ACCEPTANCE 
 Reference is made to that certain Amended and Restated Loan, Security and Guarantee Agreement dated as of March 27, 2012 (as the same may be amended, supplemented or otherwise modified from time to
time, the “Loan Agreement”), among MCJUNKIN RED MAN CORPORATION, a Delaware corporation (“MRC”), GREENBRIER PETROLEUM CORPORATION, a West Virginia corporation (“Greenbrier”), MCJUNKIN RED MAN
DEVELOPMENT CORPORATION, a Delaware corporation (“McJunkin Development”), MIDWAY – TRISTATE CORPORATION, a New York corporation (“Midway”), MILTON OIL & GAS COMPANY, a West Virginia corporation
(“Milton”), MRC MANAGEMENT COMPANY, a Delaware corporation (“Management”), RUFFNER REALTY COMPANY, a West Virginia corporation (“Ruffner”), and THE SOUTH TEXAS SUPPLY COMPANY, INC., a Texas
corporation (“South Texas” and together with MRC, Greenbrier, McJunkin Development, Midway, Milton, Management and Ruffner, the “Initial U.S. Borrowers”), MRC TRANSMARK PTY LTD., a company incorporated under the
laws of the Commonwealth of Australia (“Transmark Australia”), and MRC SPF PTY LTD., a company incorporated under the laws of the Commonwealth of Australia (“SPF Australia” and together with Transmark Australia, the
“Initial Australian Borrowers”), MRC TRANSMARK NV, a limited liability company organized under the laws of Belgium (the “Initial Belgian Borrower”), MIDFIELD SUPPLY ULC, an unlimited liability corporation organized
under the laws of Alberta, Canada (the “Initial Canadian Borrower”), MRC TRANSMARK B.V., a limited company organized under the laws of the Netherlands (“Transmark Netherlands”), and MRC TRANSMARK INTERNATIONAL B.V.,
a limited company organized under the laws of the Netherlands (“International Netherlands” and together with Transmark Netherlands, the “Initial Dutch Borrowers”), MRC TRANSMARK HOLDINGS UK LIMITED, a company
incorporated in England and Wales with company number 05436123 (“Holdings UK”), MRC TRANSMARK LIMITED, a company incorporated in England and Wales with company number 03471259 (“Transmark UK”), MRC TRANSMARK
(DRAGON) LIMITED, a company incorporated in England and Wales with company number 03797606 (“Dragon UK”), and MRC SPF SCANFIT LIMITED, a company incorporated in England and Wales with company number 02299105 (“SPF
UK” and together with Holdings UK, Transmark UK and Dragon UK, the “Initial UK Borrowers”; and collectively with any other UK Borrowers, any other Australian Borrowers, any other Belgian Borrowers, any other Canadian
Borrowers, any other Dutch Borrowers, any New Zealand Borrowers, any Singapore Borrowers and any other U.S. Borrowers, the “Borrowers”), the Persons from time to time party to the Loan Agreement as Guarantors, the financial
institutions party to the Loan Agreement from time to time as lenders (collectively, “Lenders”), BANK OF AMERICA, N.A., a national banking association, in its capacity as collateral agent and administrative agent for itself and the
other Secured Parties (together with any successor agent appointed pursuant to Section 12.10 of the Loan Agreement, the “Agent”), and Barclays Capital, the investment banking division of Barclays Bank PLC, and Wells Fargo
Capital Finance LLC, as Co-Syndication Agents. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Loan Agreement. 

                    
(“Assignor”) and                     (“Assignee”) agree as follows: 

1. Assignor hereby assigns to Assignee and Assignee hereby purchases and assumes from Assignor: 

 

	 	[(a)	Australian facility: 

  

	 	(i)	a principal amount of $            of Assignor’s outstanding Australian Revolver Loans and
$            of Assignor’s participations in Australian LC Obligations; 

  

	 	(ii)	the amount of $            of Assignor’s Australian Revolver Commitment (which represents
    % of the total Australian Revolver Commitments); 

  

	 	(b)	Belgian facility: 

  

	 	(i)	a principal amount of $            of Assignor’s outstanding Belgian Revolver Loans and
$            of Assignor’s participations in Belgian LC Obligations; 

  

	 	(ii)	the amount of $            of Assignor’s Belgian Revolver Commitment (which represents
    % of the total Belgian Revolver Commitments); 

  

	 	(c)	Canadian facility: 

  

	 	(i)	a principal amount of $            of Assignor’s outstanding Canadian Revolver Loans and
$            of Assignor’s participations in Canadian LC Obligations; 

  

	 	(ii)	the amount of $            of Assignor’s Canadian Revolver Commitment (which represents
    % of the total Canadian Revolver Commitments); 

  

	 	(d)	Dutch facility: 

  

	 	(i)	a principal amount of $            of Assignor’s outstanding Dutch Revolver Loans and
$            of Assignor’s participations in Dutch LC Obligations; 

  

	 	(ii)	the amount of $            of Assignor’s Dutch Revolver Commitment (which represents
    % of the total Dutch Revolver Commitments); 

  

	 	(e)	New Zealand facility: 

  

	 	(i)	a principal amount of $            of Assignor’s outstanding New Zealand Revolver Loans and
$            of Assignor’s participations in New Zealand LC Obligations; 

	 	(ii)	the amount of $            of Assignor’s New Zealand Revolver Commitment (which represents
    % of the total New Zealand Revolver Commitments); 

  

	 	(f)	Singapore facility: 

  

	 	(i)	a principal amount of $            of Assignor’s outstanding Singapore Revolver Loans and
$            of Assignor’s participations in Singapore LC Obligations; 

  

	 	(ii)	the amount of $            of Assignor’s Singapore Revolver Commitment (which represents
    % of the total Singapore Revolver Commitments); 

  

	 	(g)	UK facility: 

  

	 	(i)	a principal amount of             of Assignor’s outstanding UK Revolver Loans and
$            of Assignor’s participations in UK LC Obligations; 

  

	 	(ii)	the amount of $            of Assignor’s UK Revolver Commitment (which represents
    % of the total UK Revolver Commitments); and 

  

	 	(h)	U.S. facility: 

  

	 	(i)	a principal amount of $            of Assignor’s outstanding U.S. Revolver Loans and
$            of Assignor’s participations in U.S. LC Obligations; and 

  

	 	(ii)	 the amount of $            of Assignor’s U.S. Revolver Commitment (which
represents     % of the total U.S. Revolver Commitments);]1 

 (the foregoing items being, collectively, the “Assigned
Interest”), together with an interest in the Loan Documents corresponding to the Assigned Interest. This Assignment and Acceptance shall be effective as of the date (“Effective Date”) indicated in the corresponding
Assignment Notice delivered to Agent, provided such Assignment Notice is executed by Assignor, Assignee, Agent and, if applicable, North American Loan Party Agent. From and after the Effective Date, Assignee hereby expressly assumes, and undertakes
to perform, all of Assignor’s obligations in respect of the Assigned Interest, and all principal, interest, fees and other amounts which would otherwise be payable to or for Assignor’s account in respect of the Assigned Interest shall be
payable to or for Assignee’s account, to the extent such amounts accrue on or after the Effective Date. 
 2. Assignor
(a) represents that as of the date hereof, prior to giving effect to this assignment: 
  

	1 	 Assignor and Assignee to select all applicable facilities. 

 [(i) Australian facility: its Australian Revolver Commitment is
$            , the outstanding balance of its Australian Revolver Loans and participations in Australian LC Obligations is
$            , 
 (ii) Belgian facility: its
Belgian Revolver Commitment is $            , the outstanding balance of its Belgian Revolver Loans and participations in Belgian LC Obligations is
$            , 
 (iii) Canadian facility: its
Canadian Revolver Commitment is $            , the outstanding balance of its Canadian Revolver Loans and participations in Canadian LC Obligations is
$            , 
 (iv) Dutch facility: its
Dutch Revolver Commitment is $            , the outstanding balance of its Dutch Revolver Loans and participations in Dutch LC Obligations is
$            , 
 (v) New Zealand facility:
its New Zealand Revolver Commitment is $            , the outstanding balance of its New Zealand Revolver Loans and participations in New Zealand LC Obligations is
$            , 
 (vi) Singapore facility: its
Singapore Revolver Commitment is $            , the outstanding balance of its Singapore Revolver Loans and participations in Singapore LC Obligations is
$            , 
 (vii) UK facility: its UK
Revolver Commitment is $            , the outstanding balance of its UK Revolver Loans and participations in UK LC Obligations is
$            , and 

(viii) U.S. facility: its U.S. Revolver Commitment is
$            , the outstanding balance of its U.S. Revolver Loans and participations in U.S. LC Obligations is
$            ;]2 
 (b) makes no representation or warranty and assumes no responsibility with
respect to any statements, warranties or representations made in or in connection with the Loan Agreement or the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Agreement or any other instrument or
document furnished pursuant thereto, other than that Assignor is the legal and beneficial owner of the interest being assigned by it hereunder and that such interest is free and clear of any adverse claim; and 

(c) makes no representation or warranty and assumes no responsibility with respect to the financial condition of Borrowers or the
performance by Borrowers of their obligations under the Loan Documents. [Assignor is attaching the Revolver Note[s] held by it and requests that Agent exchange such Revolver Note[s] for new Revolver Notes payable to Assignee [and Assignor].]

  

	2 	 Assignor to select all applicable facilities. 

 3. Assignee (a) represents and warrants that it is legally
authorized to enter into this Assignment and Acceptance; (b) confirms that it has received copies of the Loan Agreement and such other Loan Documents and information as it has deemed appropriate to make its own credit analysis and decision to
enter into this Assignment and Acceptance; (c) agrees that it shall, independently and without reliance upon Assignor and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit
decisions in taking or not taking action under the Loan Documents; (d) confirms that it is an Eligible Assignee; (e) appoints and authorizes Agent to take such action as agent on its behalf and to exercise such powers under the Loan
Agreement as are delegated to Agent by the terms thereof, together with such powers as are incidental thereto; [(f) appoints and authorizes European Security Trustee to take such action as agent on its behalf and to exercise such powers under the
Loan Agreement as are delegated to European Security Trustee by the terms thereof, together with such powers as are incidental thereto;]3 [(g) appoints, pursuant to the terms of the Australian Security Trust Deed, and authorizes AUS-NZ Security Trustee to
take such action as agent on its behalf and to exercise such powers under the Loan Agreement and the Australian Security Trust Deed as are delegated to AUS-NZ Security Trustee by the terms thereof, together with such powers as are incidental
thereto;]4 (h) agrees that it will observe and
perform all obligations that are required to be performed by it as a “Lender” under the Loan Documents; (i) agrees that it will execute and deliver to the Agent a joinder, or other writing acceptable to Agent, to the intercreditor
agreement, dated as of the Closing Date, among Agent and Lenders establishing a mechanism for the allocation and exchange of interests in the Loans, participations in Letters of Credit and collections thereunder; (j) acknowledges receipt of a
copy of such intercreditor agreement and, whether or not Assignee delivers a joinder thereto as required by the preceding clause, agrees to be bound by the terms and conditions of such intercreditor agreement as a result of Assignee entering into
this Assignment and Acceptance; (k) represents and warrants that the assignment evidenced hereby will not result in a non-exempt “prohibited transaction” under Section 406 of ERISA; (l) agrees that it will execute and
deliver to Agent and North American Loan Party Agent all applicable tax forms; [(m) confirms, in accordance with Section[s] [5.8.6(e)][5.8.8(e)][5.8.9(e)] of the Loan Agreement, for the benefit of Agent and the Relevant Borrowers (as defined
therein) and without liability to any Relevant Borrower, that it is [not a Qualifying Lender / a Qualifying Lender (other than a Treaty Lender) / a Treaty Lender]5; [and] [(n) confirms, for the benefit of Agent and the Relevant Borrowers and without liability to any Relevant
Borrower, that its HMRC DT Treaty Passport scheme reference number is [            ] and its jurisdiction of tax residence is
[            ]]6. 
 4. This Assignment and Acceptance shall be governed by the laws of the State
of New York. If any provision is found to be invalid under Applicable Law, it shall be ineffective only to the extent of such invalidity and the remaining provisions of this Assignment and Acceptance shall remain in full force and effect.

  

	3 	 Bracketed provision should only be included if Assignee will be a Belgian Lender, Dutch Lender and/or a UK Lender. 

	4 	 Bracketed provision should only be included if Assignee will be an Australian Lender, a New Zealand Lender and/or a Singapore Lender.

	5 	 Bracketed provision should only be included if Assignee will be a Belgium Lender, a Singapore Lender and/or a UK Lender, respectively.

	6 	 Bracketed provision should only be included if Assignee is a Treaty Lender and wants the HMRC DT Treaty Passport scheme to apply to the Loan Agreement.

 5. Each notice or other communication hereunder shall be in writing, shall be sent by
messenger, by telecopy or facsimile transmission, or by first-class mail, shall be deemed given when sent and shall be sent as follows: 
  

	 	(a)	If to Assignee, to the following address (or to such other address as Assignee may designate from time to time): 

 
  

 
  

 
  

 

	 	(b)	If to Assignor, to the following address (or to such other address as Assignor may designate from time to time): 

 
  

 
  

 
  

 
  
 Payments hereunder shall be made by wire transfer of immediately available Dollars as follows: 

If to Assignee, to the following account (or to such other account as Assignee may designate from time to time): 

 
  

 
  

ABA
No.                                        
     
  
  

Account
No.                                        
 
 Reference:
                                         
    
 If to Assignor, to the following account (or to such other account as Assignor may designate from time to time):

  
  

 
  

ABA
No.                                        
     
  
  

 
 Account
No.                                        
 
 Reference:
                                         
    

 IN WITNESS WHEREOF, this Assignment and Acceptance is executed as of
            , 20    . 
  

			
	 
	(“Assignee”)
		
	By	 	 
		 	Title:
	
	 
	(“Assignor”)
		
	By	 	 
		 	Title:

 EXHIBIT A-2 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF ASSIGNMENT NOTICE 
 Reference is made to that certain (1) Amended and Restated Loan, Security and Guarantee Agreement dated as of March 27, 2012 (as the same may be amended, supplemented or otherwise modified from
time to time, the “Loan Agreement”), among MCJUNKIN RED MAN CORPORATION, a Delaware corporation (“MRC”), GREENBRIER PETROLEUM CORPORATION, a West Virginia corporation (“Greenbrier”), MCJUNKIN RED
MAN DEVELOPMENT CORPORATION, a Delaware corporation (“McJunkin Development”), MIDWAY – TRISTATE CORPORATION, a New York corporation (“Midway”), MILTON OIL & GAS COMPANY, a West Virginia corporation
(“Milton”), MRC MANAGEMENT COMPANY, a Delaware corporation (“Management”), RUFFNER REALTY COMPANY, a West Virginia corporation (“Ruffner”), and THE SOUTH TEXAS SUPPLY COMPANY, INC., a Texas
corporation (“South Texas” and together with MRC, Greenbrier, McJunkin Development, Midway, Milton, Management and Ruffner, the “Initial U.S. Borrowers”), MRC TRANSMARK PTY LTD, a company incorporated under the laws
of the Commonwealth of Australia (“Transmark Australia”), and MRC SPF PTY LTD., a company incorporated under the laws of the Commonwealth of Australia (“SPF Australia” and together with Transmark Australia, the
“Initial Australian Borrowers”), MRC TRANSMARK NV, a limited liability company organized under the laws of Belgium (the “Initial Belgian Borrower”), MIDFIELD SUPPLY ULC, an unlimited liability corporation organized
under the laws of Alberta, Canada (the “Initial Canadian Borrower”), MRC TRANSMARK B.V., a limited company organized under the laws of the Netherlands (“Transmark Netherlands”), and MRC TRANSMARK INTERNATIONAL B.V.,
a limited company organized under the laws of the Netherlands (“International Netherlands” and together with Transmark Netherlands, the “Initial Dutch Borrowers”), MRC TRANSMARK HOLDINGS UK LIMITED, a company
incorporated in England and Wales with company number 05436123 (“Holdings UK”), MRC TRANSMARK LIMITED, a company incorporated in England and Wales with company number 03471259 (“Transmark UK”), MRC TRANSMARK
(DRAGON) LIMITED, a company incorporated in England and Wales with company number 03797606 (“Dragon UK”), and MRC SPF SCANFIT LIMITED, a company incorporated in England and Wales with company number 02299105 (“SPF
UK” and together with Holdings UK, Transmark UK and Dragon UK, the “Initial UK Borrowers”; and collectively with any other UK Borrowers, any other Australian Borrowers, any other Belgian Borrowers, any other Canadian
Borrowers, any other Dutch Borrowers, any New Zealand Borrowers, any Singapore Borrowers and any other U.S. Borrowers, the “Borrowers”), the Persons from time to time party to the Loan Agreement as Guarantors, the financial
institutions party to the Loan Agreement from time to time as lenders (collectively, “Lenders”), BANK OF AMERICA, N.A., a national banking association, in its capacity as collateral agent and administrative agent for itself and the
other Secured Parties (together with any successor agent appointed pursuant to Section 12.10 of the Loan Agreement, the “Agent”), and Barclays Capital, the investment banking division of Barclays Bank PLC, and Wells Fargo
Capital Finance LLC, as Co-Syndication Agents; and (2) Assignment and Acceptance dated as of             ,
20        (“Assignment Agreement”), between
                    (“Assignor”) and
                    (“Assignee”). Capitalized terms used but not defined herein shall have the meanings given to such terms
in the Loan Agreement. 

 Assignor hereby notifies the Borrowers and Agent of Assignor’s intent to assign to
Assignee pursuant to the Assignment Agreement: 
  

	 	[(a)	Australian facility: 

  

	 	(i)	a principal amount of $            of Assignor’s outstanding Australian Revolver Loans and
$            of Assignor’s participations in Australian LC Obligations; 

  

	 	(ii)	the amount of $            of Assignor’s Australian Revolver Commitment (which represents
    % of the total Australian Revolver Commitments); 

  

	 	(b)	Belgian facility: 

  

	 	(i)	a principal amount of $            of Assignor’s outstanding Belgian Revolver Loans and
$            of Assignor’s participations in Belgian LC Obligations; 

  

	 	(ii)	the amount of $            of Assignor’s Belgian Revolver Commitment (which represents
    % of the total Belgian Revolver Commitments); 

  

	 	(c)	Canadian facility: 

  

	 	(i)	a principal amount of $            of Assignor’s outstanding Canadian Revolver Loans and
$            of Assignor’s participations in Canadian LC Obligations; 

  

	 	(ii)	the amount of $            of Assignor’s Canadian Revolver Commitment (which represents
    % of the total Canadian Revolver Commitments); 

  

	 	(d)	Dutch facility: 

  

	 	(i)	a principal amount of $            of Assignor’s outstanding Dutch Revolver Loans and
$            of Assignor’s participations in Dutch LC Obligations; 

  

	 	(ii)	the amount of $            of Assignor’s Dutch Revolver Commitment (which represents
    % of the total Dutch Revolver Commitments); 

  

	 	(e)	New Zealand facility: 

	 	(i)	a principal amount of $            of Assignor’s outstanding New Zealand Revolver Loans and
$            of Assignor’s participations in New Zealand LC Obligations; 

  

	 	(ii)	the amount of $            of Assignor’s New Zealand Revolver Commitment (which represents
    % of the total New Zealand Revolver Commitments); 

  

	 	(f)	Singapore facility: 

  

	 	(i)	a principal amount of $            of Assignor’s outstanding Singapore Revolver Loans and
$            of Assignor’s participations in Singapore LC Obligations; 

  

	 	(ii)	the amount of $            of Assignor’s Singapore Revolver Commitment (which represents
    % of the total Singapore Revolver Commitments); 

  

	 	(g)	UK facility: 

  

	 	(i)	a principal amount of $            of Assignor’s outstanding UK Revolver Loans and
$            of Assignor’s participations in UK LC Obligations; 

  

	 	(ii)	the amount of $            of Assignor’s UK Revolver Commitment (which represents
    % of the total UK Revolver Commitments); and 

  

	 	(h)	U.S. facility: 

  

	 	(i)	a principal amount of $            of Assignor’s outstanding U.S. Revolver Loans and
$            of Assignor’s participations in U.S. LC Obligations; and 

  

	 	(ii)	 the amount of $            of Assignor’s U.S. Revolver Commitment (which
represents     % of the total U.S. Revolver Commitments);]7 

 (the foregoing items being, collectively, the “Assigned
Interest”), together with an interest in the Loan Documents corresponding to the Assigned Interest. This Assignment Notice shall be effective as of the date (“Effective Date”) indicated below, provided this Assignment
Notice is executed by Assignor, Assignee, Agent and, if applicable, North America Loan Party Agent. Pursuant to the Assignment Agreement, Assignee has expressly assumed all of Assignor’s obligations under the Loan Agreement to the extent of the
Assigned Interest, as of the Effective Date. 
 For purposes of the Loan Agreement, Agent shall deem: 

 

	7 	 Assignor and Assignee to select all applicable facilities. 

	 	[(a)	Australian facility: Assignor’s Australian Revolver Commitment to be reduced by $            ,
and Assignee’s Australian Revolver Commitment to be increased by $            , 

  

	 	(b)	Belgian facility: Assignor’s Belgian Revolver Commitment to be reduced by $            , and
Assignee’s Belgian Revolver Commitment to be increased by $            , 

  

	 	(c)	Canadian facility: Assignor’s Canadian Revolver Commitment to be reduced by $            , and
Assignee’s Canadian Revolver Commitment to be increased by $            , 

  

	 	(d)	Dutch facility: Assignor’s Dutch Revolver Commitment to be reduced by $            , and
Assignee’s Dutch Revolver Commitment to be increased by $            , 

  

	 	(e)	New Zealand facility: Assignor’s New Zealand Revolver Commitment to be reduced by $            ,
and Assignee’s New Zealand Revolver Commitment to be increased by $            , 

  

	 	(f)	Singapore facility: Assignor’s Singapore Revolver Commitment to be reduced by $            , and
Assignee’s Singapore Revolver Commitment to be increased by $            , 

  

	 	(g)	UK facility: Assignor’s UK Revolver Commitment to be reduced by $            , Assignee’s
UK Revolver Commitment to be increased by $            , and 

  

	 	(h)	 U.S. facility: Assignor’s U.S. Revolver Commitment to be reduced by
$            , and Assignee’s U.S. Revolver Commitment to be increased by $            .]8 

The address of Assignee to which notices and information are to be sent under the terms of the Loan Agreement is: 

 
  

 
  

 
  

 
  

The address of Assignee to which payments are to be sent under the terms of the Loan Agreement is shown in the Assignment and Acceptance.

  

	8 	 Assignor and Assignee to select all applicable facilities. 

 This Assignment Notice is being delivered to North American Loan Party Agent and Agent
pursuant to Section 13.3 of the Loan Agreement. Please acknowledge your acceptance of this Assignment Notice by executing and returning to Assignee and Assignor a copy of this Assignment Notice. 

 IN WITNESS WHEREOF, this Assignment Notice is executed as of
            , 20    . 
  

			
	 
	(“Assignee”)
		
	By	 	 
		 	Title:
	
	 
	(“Assignor”)
		
	By	 	 
		 	Title:

 ACKNOWLEDGED AND AGREED, 
 AS OF THE DATE SET FORTH ABOVE: 
 NORTH AMERICAN LOAN PARTY AGENT:* 

MCJUNKIN RED MAN CORPORATION 
  

			
	
		
	By	 	 
		 	Title:

  

	*	No signature required if Assignee meets the requirements of clauses (a), (b), (c) or (e) of the definition of “Eligible Assignee” in the Loan
Agreement. 

  

			
	BANK OF AMERICA, N.A.,
	as Agent
		
	By	 	 
		 	Title:

 EXHIBIT B-1 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF AUSTRALIAN BORROWING BASE CERTIFICATE 

Client Name: _____________9 
 Certificate Number: ________ 
 Dates Covered: ____________ 

 

			
	 I. ACCOUNTS
	  	
	 Total Accounts:
	  	AUS$_______________________
	 Total Ineligible Accounts:
	  	AUS$_______________________
	 Total Eligible Accounts:
	  	AUS$_______________________
	 Advance Rate:
	  	_________________________85%
	 Accounts Portion of Borrowing Base:
	  	AUS$_______________________
	 II. INVENTORY
	  	
	 Total Inventory:
	  	AUS$_______________________
	 Total Ineligible Inventory:
	  	AUS$_______________________
	 Total Eligible Inventory:
	  	AUS$_______________________
	 Advance Rate:
	  	
	 a. 70% of the net book value of Eligible Inventory:
	  	AUS$_______________________
	 b. 85% of the Net Orderly Liquidation Value of Eligible Inventory:
	  	AUS$_______________________
	 Inventory Portion of Borrowing Base (lesser of (a) and (b) above):
	  	AUS$_______________________
	 Australian Allocated U.S. Availability:
	  	AUS$_______________________
	 III. RESERVES
	  	
	 Australian Rent Reserve:
	  	AUS$_______________________
	 Australian LC Reserve:
	  	AUS$_______________________
	 Australian Bank Product Reserve:
	  	AUS$_______________________
	 Australian Priority Payables Reserve:
	  	AUS$_______________________
	 Retention of title reserve:
	  	AUS$_______________________
	 A/P to third party processors:
	  	AUS$_______________________
	 Excess dilution reserve:
	  	AUS$_______________________
	 [Other reserves:
	  	AUS$_______________________]10
	 Total Australian Availability Reserves:
	  	AUS$_______________________
	 Australian Borrowing Base:
	  	AUS$_______________________

  
  

	9 	 All calculations are only with respect to the Accounts and Inventory of the named Australian Borrower and only with respect to the Australian Allocated
U.S. Availability and Australian Availability Reserves allocated to the named Australian Borrower. Details of the ineligible Accounts and ineligible Inventory of the named Australian Borrower are attached. 

	10 	 Additional reserves may be established by the Agent in its Permitted Discretion. Any such reserves will be specifically itemized on this certificate at
the time of delivery. 

 The foregoing information is delivered to Bank of America, N.A. in accordance with the Amended and Restated
Loan, Security and Guarantee Agreement among MRC Transmark Pty Ltd (“Transmark Australia”) and MRC SPF PTY Ltd., as Australian Borrowers, certain other parties thereto and Bank of America, N.A., as Agent, dated March 27, 2012.
In my capacity as a Senior Officer of Transmark Australia, in its capacity as Asian Loan Party Agent, I hereby certify that the information contained herein is true and correct as of the dates shown herein. Nothing contained herein shall constitute
a waiver, modification, or limitation in any of the terms or conditions set forth in the referenced Amended and Restated Loan, Security and Guarantee Agreement. 
  

			
	Prepared by:	 	 
	Title:	 	 
	Date:	 	 

 (Details follow this page) 

 EXHIBIT B-2 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF BELGIAN BORROWING BASE CERTIFICATE 

Client Name: ______________11 
 Certificate Number: _________ 
 Dates Covered: _____________

  

			
	 I. ACCOUNTS
	  	
	 Total Accounts:
	  	€________________________
	 Total Ineligible Accounts:
	  	€________________________
	 Total Eligible Accounts:
	  	€________________________
	 Advance Rate:
	  	_____________________85%
	 Accounts Portion of Borrowing Base:
	  	€________________________
	 II. INVENTORY
	  	
	 Total Inventory:
	  	€________________________
	 Total Ineligible Inventory:
	  	€________________________
	 Unadjusted Total Eligible Inventory:
	  	€________________________
	 50% of Eligible Inventory subject to a business pledge:
	  	€________________________
	 100% of Eligible Inventory subject to a possessory pledge:
	  	€________________________
	 Total Eligible Inventory:
	  	€________________________
	 Advance Rate:
	  	
	 a. 70% of the net book value of Eligible Inventory:
	  	€________________________
	 b. 85% of the Net Orderly Liquidation Value of Eligible Inventory:
	  	€________________________
	 Inventory Portion of Borrowing Base (lesser of (a) and (b) above):
	  	€________________________
	 Belgian Allocated U.S. Availability:
	  	€________________________
	 III. RESERVES
	  	
	 Belgian Rent Reserve:
	  	€________________________
	 Belgian LC Reserve:
	  	€________________________
	 Belgian Bank Product Reserve:
	  	€________________________
	 Belgian Priority Payables Reserve:
	  	€________________________
	 Retention of title reserve:
	  	€________________________
	 Accrued tax reserve:
	  	€________________________
	 Excess dilution reserve:
	  	€________________________
	 [Other reserves:
	  	€____________________]12
	 Total Belgian Availability Reserves:
	  	€________________________
	 Belgian Borrowing Base:
	  	€________________________

  
  

	11 	 All calculations are only with respect to the Accounts and Inventory of the named Belgian Borrower and only with respect to the Belgian Allocated U.S.
Availability and Belgian Availability Reserves allocated to the named Belgian Borrower. Details of the ineligible Accounts and ineligible Inventory of the named Belgian Borrower are attached. 

	12 	 Additional reserves may be established by the Agent in its Permitted Discretion. Any such reserves will be specifically itemized on this certificate at
the time of delivery. 

 The foregoing information is delivered to Bank of America, N.A. in accordance with the Amended and Restated
Loan, Security and Guarantee Agreement among MRC Transmark NV, as Belgian Borrower, certain other parties thereto and Bank of America, N.A., as Agent, dated March 27, 2012. In my capacity as a Senior Officer of MRC Transmark Holdings UK
Limited, in its capacity as European Loan Party Agent, I hereby certify that the information contained herein is true and correct as of the dates shown herein. Nothing contained herein shall constitute a waiver, modification, or limitation in any of
the terms or conditions set forth in the referenced Amended and Restated Loan, Security and Guarantee Agreement. 
  

			
	Prepared by:	 	 
	Title:	 	 
	Date:	 	 

 (Details follow this page) 

 EXHIBIT B-3 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF CANADIAN BORROWING BASE CERTIFICATE 

Client Name: _______________13 
 Certificate Number: __________ 
 Dates Covered: ______________

  

			
	 I. ACCOUNTS
	  	
	 Total Accounts:
	  	Cdn$_______________________
	 Total Ineligible Accounts:
	  	Cdn$_______________________
	 Total Eligible Accounts:
	  	Cdn$_______________________
	 Advance Rate:
	  	________________________85%
	 Accounts Portion of Borrowing Base:
	  	Cdn$_______________________
	 II. INVENTORY
	  	
	 Total Inventory:
	  	Cdn$_______________________
	 Total Ineligible Inventory:
	  	Cdn$_______________________
	 Total Eligible Inventory:
	  	Cdn$_______________________
	 Advance Rate:
	  	
	 a. 70% of the net book value of Eligible Inventory:
	  	Cdn$_______________________
	 b. 85% of the Net Orderly Liquidation Value of Eligible Inventory:
	  	Cdn$_______________________
	 Inventory Portion of Borrowing Base (lesser of (a) and (b) above):
	  	Cdn$_______________________
	 Canadian Allocated U.S. Availability:
	  	Cdn$_______________________
	 III. RESERVES
	  	
	 Canadian Rent Reserve:
	  	Cdn$_______________________
	 Canadian LC Reserve:
	  	Cdn$_______________________
	 Canadian Bank Product Reserve:
	  	Cdn$_______________________
	 Canadian Priority Payables Reserve:
	  	Cdn$_______________________
	 Sales tax accrual:
	  	Cdn$_______________________
	 Excess dilution reserve:
	  	Cdn$_______________________
	 Wage Earner Protection Program:
	  	Cdn$_______________________
	 Casing claim contingency:
	  	Cdn$_______________________
	 A/P to third party yards:
	  	Cdn$_______________________
	 [Other reserves:
	  	Cdn$_______________________]14
	 Total Canadian Availability Reserves:
	  	Cdn$_______________________
	 Canadian Borrowing Base:
	  	Cdn$_______________________

  
  

	13 	 All calculations are only with respect to the Accounts and Inventory of the named Canadian Borrower and only with respect to the Canadian Allocated
U.S. Availability and Canadian Availability Reserves allocated to the named Canadian Borrower. Details of the ineligible Accounts and ineligible Inventory of the named Canadian Borrower are attached. 

	14 	 Additional reserves may be established by the Agent in its Permitted Discretion. Any such reserves will be specifically itemized on this certificate at
the time of delivery. 

 The foregoing information is delivered to Bank of America, N.A. in accordance with the Amended and Restated
Loan, Security and Guarantee Agreement among Midfield Supply ULC, as Canadian Borrower, certain other parties thereto and Bank of America, N.A., as Agent, dated March 27, 2012. In my capacity as a Senior Officer of McJunkin Red Man Corporation,
in its capacity as North American Loan Party Agent, I hereby certify that the information contained herein is true and correct as of the dates shown herein. Nothing contained herein shall constitute a waiver, modification, or limitation in any of
the terms or conditions set forth in the referenced Amended and Restated Loan, Security and Guarantee Agreement. 
  

			
	Prepared by:	 	 
	Title:	 	 
	Date:	 	 

 (Details follow this page) 

 EXHIBIT B-4 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF DUTCH BORROWING BASE CERTIFICATE 

Client Name:________________15 
 Certificate Number: ___________ 
 Dates Covered: _______________

  

			
	 I. ACCOUNTS
	  	
	 Total Accounts:
	  	€________________________
	 Total Ineligible Accounts:
	  	€________________________
	 Total Eligible Accounts:
	  	€________________________
	 Advance Rate:
	  	_____________________85%
	 Accounts Portion of Borrowing Base:
	  	€________________________
	 II. INVENTORY
	  	
	 Total Inventory:
	  	€________________________
	 Total Ineligible Inventory:
	  	€________________________
	 Total Eligible Inventory:
	  	€________________________
	 Advance Rate:
	  	
	 a. 70% of the net book value of Eligible Inventory:
	  	€________________________
	 b. 85% of the Net Orderly Liquidation Value of Eligible Inventory:
	  	€________________________
	 Inventory Portion of Borrowing Base (lesser of (a) and (b) above):
	  	€________________________
	 Dutch Allocated U.S. Availability:
	  	€________________________
	 III. RESERVES
	  	
	 Dutch Rent Reserve:
	  	€________________________
	 Dutch LC Reserve:
	  	€________________________
	 Dutch Bank Product Reserve:
	  	€________________________
	 Dutch Priority Payables Reserve:
	  	€________________________
	 Retention of title reserve:
	  	€________________________
	 Accrued tax reserve:
	  	€________________________
	 Excess dilution reserve:
	  	€________________________
	 [Other reserves:
	  	€_______________________]16

	 Total Dutch Availability Reserves:
	  	€________________________
	 Dutch Borrowing Base:
	  	€________________________

  
  

	15 	 All calculations are only with respect to the Accounts and Inventory of the named Dutch Borrower and only with respect to the Dutch Allocated U.S.
Availability and Dutch Availability Reserves allocated to the named Dutch Borrower. Details of the ineligible Accounts and ineligible Inventory of the named Dutch Borrower are attached. 

	16 	 Additional reserves may be established by the Agent in its Permitted Discretion. Any such reserves will be specifically itemized on this certificate at
the time of delivery. 

 The foregoing information is delivered to Bank of America, N.A. in accordance with the Amended and Restated
Loan, Security and Guarantee Agreement among MRC Transmark B.V. and MRC Transmark International B.V., as Dutch Borrowers, certain other parties thereto and Bank of America, N.A., as Agent, dated March 27, 2012. In my capacity as a Senior
Officer of MRC Transmark Holdings UK Limited, in its capacity as European Loan Party Agent, I hereby certify that the information contained herein is true and correct as of the dates shown herein. Nothing contained herein shall constitute a waiver,
modification, or limitation in any of the terms or conditions set forth in the referenced Amended and Restated Loan, Security and Guarantee Agreement. 
  

			
	Prepared by:	 	 
	Title:	 	 
	Date:	 	 

 (Details follow this page) 

 EXHIBIT B-5 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF UK BORROWING BASE CERTIFICATE 

Client Name:
                                  17 

Certificate Number:
                         
 Dates Covered:
                                 

 

					
	 I. ACCOUNTS
	  	£	_______________	  
	 Total Accounts:
	  	£	_______________	  
	 Total Ineligible Accounts:
	  	£	_______________	  
	 Total Eligible Accounts:
	  	£	_______________	  
	 Advance Rate:
	  	 	______________85	% 
	 Accounts Portion of Borrowing Base:
	  	£	_______________	  
	 II. INVENTORY
	  			
	 Total Inventory:
	  	£	_______________	  
	 Total Ineligible Inventory:
	  	£	_______________	  
	 Total Eligible Inventory:
	  	£	_______________	  
	 Advance Rate:
	  			
	 a. 70% of the net book value of Eligible Inventory:
	  	£	_______________	  
	 b. 85% of the Net Orderly Liquidation Value of Eligible Inventory:
	  	£	_______________	  
	 Inventory Portion of Borrowing Base (lesser of (a) and (b) above):
	  	£	_______________	  
	 UK Allocated U.S. Availability:
	  	£	_______________	  
	 III. RESERVES
	  			
	 UK Rent Reserve:
	  	£	_______________	  
	 UK LC Reserve:
	  	£	_______________	  
	 UK Bank Product Reserve:
	  	£	_______________	  
	 UK Priority Payables Reserve:
	  	£	_______________	  
	 Retention of title reserve:
	  	£	_______________	  
	 Accrued tax reserve:
	  	£	_______________	  
	 Excess dilution reserve:
	  	£	_______________	  
	 [Other reserves:
	  	£	_____________	]18 
	 Total UK Availability Reserves:
	  	£	_______________	  
	 UK Borrowing Base:
	  	£	_______________	  

  

	17 	 All calculations are only with respect to the Accounts and Inventory of the named UK Borrower and only with respect to the UK Allocated U.S.
Availability and UK Availability Reserves allocated to the named UK Borrower. Details of the ineligible Accounts and ineligible Inventory of the named UK Borrower are attached. 

	18 	 Additional reserves may be established by the Agent in its Permitted Discretion. Any such reserves will be specifically itemized on this certificate at
the time of delivery. 

 The foregoing information is delivered to Bank of America, N.A. in accordance with the Amended and Restated
Loan, Security and Guarantee Agreement among MRC Transmark Holdings UK Limited (“Holdings UK”), MRC Transmark Limited, MRC Transmark (Dragon) Limited and MRC SPF Scanfit Limited, as UK Borrowers, certain other parties thereto and
Bank of America, N.A., as Agent, dated March 27, 2012. In my capacity as a Senior Officer of Holdings UK, in its capacity as European Loan Party Agent, I hereby certify that the information contained herein is true and correct as of the dates
shown herein. Nothing contained herein shall constitute a waiver, modification, or limitation in any of the terms or conditions set forth in the referenced Amended and Restated Loan, Security and Guarantee Agreement. 

 

			
	Prepared by:	 	 
	Title:	 	 
	Date:	 	 

 (Details follow this page) 

 EXHIBIT B-6 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF U.S. BORROWING BASE CERTIFICATE 

Client Name: McJunkin Red Man Corporation et al.19 
 Certificate Number:                      

Dates Covered:
                             

 

					
	 I. ACCOUNTS
	  			
	 Total Accounts:
	  	$	_______________	  
	 Total Ineligible Accounts:
	  	$	_______________	  
	 Total Eligible Accounts:
	  	$	_______________	  
	 Advance Rate:
	  	 	_____________85	% 
	 Accounts Portion of Borrowing Base:
	  	$	_______________	  
	 II. INVENTORY
	  			
	 Total Inventory:
	  	$	_______________	  
	 Total Ineligible Inventory:
	  	$	_______________	  
	 Total Eligible Inventory:
	  	$	_______________	  
	 Advance Rate:
	  			
	 a. 70% of the net book value of Eligible Inventory:
	  	$	_______________	  
	 b. 85% of the Net Orderly Liquidation Value of Eligible Inventory:
	  	$	_______________	  
	 Inventory Portion of Borrowing Base (lesser of (a) and (b) above):
	  	$	_______________	  
	 III. RESERVES
	  			
	 Foreign Allocated U.S. Availability Reserve:
	  	$	_______________	  
	 Foreign Overadvance Loan Balance:
	  	$	_______________	  
	 U.S. Rent Reserve:
	  	$	_______________	  
	 U.S. LC Reserve:
	  	$	_______________	  
	 U.S. Bank Product Reserve:
	  	$	_______________	  
	 Sales tax accrual:
	  	$	_______________	  
	 Excess dilution reserve:
	  	$	_______________	  
	 Wage Earner Protection Program:
	  	$	_______________	  
	 Casing claim contingency:
	  	$	_______________	  
	 A/P to third party yards:
	  	$	_______________	  
	 [Other reserves:
	  	$	_______________	]20 
	 Total U.S. Availability Reserves:
	  	$	_______________	  
	 U.S. Borrowing Base:
	  	$	_______________	  

  

	19 	 All calculations are with respect to the Accounts and Inventory of all U.S. Borrowers and with respect to the U.S. Availability Reserves of all U.S.
Borrowers. Details of the ineligible Accounts and ineligible Inventory of the U.S. Borrowers are attached. 

	20 	 Additional reserves may be established by the Agent in its Permitted Discretion. Any such reserves will be specifically itemized on this certificate at
the time of delivery. 

 The foregoing information is delivered to Bank of America, N.A. in accordance with the Amended and Restated
Loan, Security and Guarantee Agreement among McJunkin Red Man Corporation (“MRC”), Greenbrier Petroleum Corporation, McJunkin Red Man Development Corporation, Midway-Tristate Corporation, Milton Oil & Gas Company, MRC
Management Company, Ruffner Realty Company and The South Texas Supply Company, Inc., as U.S. Borrowers and Guarantors, certain other parties thereto and Bank of America, N.A., as Agent, dated March 27, 2012. In my capacity as a Senior Officer
of MRC, in its capacity as North American Loan Party Agent, I hereby certify that the information contained herein is true and correct as of the dates shown herein. Nothing contained herein shall constitute a waiver, modification, or limitation in
any of the terms or conditions set forth in the referenced Amended and Restated Loan, Security and Guarantee Agreement. 
  

			
	Prepared by:	 	 
	Title:	 	 
	Date:	 	 

 (Details follow this page) 

 EXHIBIT C-1 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF AUSTRALIAN REVOLVER NOTE 
  

					
	 _______, 20__
	  	$______________	  	[________________]

 [BORROWER], a
                    , (“Australian Borrower”), for value received, hereby unconditionally promises to pay to the order of
                                        
(“Australian Lender”), the principal sum of                  U.S. DOLLARS
($                ), or such lesser amount as may be advanced by Australian Lender as Australian Revolver Loans and owing as Australian LC Obligations from time
to time under the Loan Agreement described below, together with all accrued and unpaid interest thereon. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Amended and Restated Loan, Security and
Guarantee Agreement dated as of March 27, 2012 (as such agreement may be amended, modified, renewed or extended from time to time, the “Loan Agreement”), among Australian Borrower, certain affiliates of Australian Borrower,
certain financial institutions party thereto as lenders and Bank of America, N.A., as collateral agent and administrative agent for itself and the Secured Parties. 
 Principal of and interest on this Note from time to time outstanding shall be due and payable as provided in the Loan Agreement. This Note is issued pursuant to and evidences Australian Revolver Loans and
Australian LC Obligations under the Loan Agreement, to which reference is made for a statement of the rights and obligations of Australian Lender and the duties and obligations of Australian Borrower. The Loan Agreement contains provisions for
acceleration of the maturity of this Note upon the happening of certain stated events, and for the borrowing, prepayment and reborrowing of amounts upon specified terms and conditions. 

The holder of this Note is hereby authorized by Australian Borrower to record on a schedule annexed to this Note (or on a supplemental
schedule) the amounts owing with respect to Australian Revolver Loans and Australian LC Obligations, and the payment thereof. Failure to make any notation, however, shall not affect the rights of the holder of this Note or any obligations of
Australian Borrower hereunder or under any other Loan Documents. 
 Time is of the essence of this Note. Australian Borrower and
all endorsers, sureties and guarantors of this Note hereby severally waive demand, presentment for payment, protest, notice of protest, notice of intention to accelerate the maturity of this Note, diligence in collecting, the bringing of any suit
against any party, and any notice of or defense on account of any extensions, renewals, partial payments, or changes in any manner of or in this Note or in any of its terms, provisions and covenants, or any releases or substitutions of any security,
or any delay, indulgence or other act of any trustee or any holder hereof, whether before or after maturity. Australian Borrower agrees in accordance with the terms of the Loan Agreement to pay, and to save the holder of this Note harmless against,
any liability for the payment of all costs and expenses (including without limitation reasonable and documented attorneys’ fees) if this Note is collected by or through an attorney-at-law. 

 In no contingency or event whatsoever shall the amount paid or agreed to be paid to the
holder of this Note for the use, forbearance or detention of money advanced hereunder exceed the highest lawful rate permitted under Applicable Law. If any such excess amount is inadvertently paid by Australian Borrower or inadvertently received by
the holder of this Note, such excess shall be returned to Australian Borrower or credited as a payment of principal, in accordance with the Loan Agreement. It is the intent hereof that Australian Borrower not pay or contract to pay, and that holder
of this Note not receive or contract to receive, directly or indirectly in any manner whatsoever, interest in excess of that which may be paid by Australian Borrower under Applicable Law. 

This Note shall be governed by the laws of the State of New York, without giving effect to any conflict of law principles. 

IN WITNESS WHEREOF, this Revolver Note is executed as of the date set forth above. 

 

			
	[AUSTRALIAN BORROWER]
		
	Per:	 	 
		 	Name:
		 	Title:

 EXHIBIT C-2 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF BELGIAN REVOLVER NOTE 
  

					
	 _______, 20__
	  	$______________	  	[________________]

 [BORROWER], a
                     (“Belgian Borrower”), for value received, hereby unconditionally promises to pay to the order of
                                         
    (“Belgian Lender”), the principal sum of                      U.S. DOLLARS ($
                    ), or such lesser amount as may be advanced by Belgian Lender as Belgian Revolver Loans and owing as Belgian LC
Obligations from time to time under the Loan Agreement described below, together with all accrued and unpaid interest thereon. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Amended and Restated
Loan, Security and Guarantee Agreement dated as of March 27, 2012 (as such agreement may be amended, modified, renewed or extended from time to time, the “Loan Agreement”), among Belgian Borrower, certain affiliates of Belgian
Borrower, certain financial institutions party thereto as lenders and Bank of America, N.A., as collateral agent and administrative agent for itself and the Secured Parties. 
 Principal of and interest on this Note from time to time outstanding shall be due and payable as provided in the Loan Agreement. This Note is issued pursuant to and evidences Belgian Revolver Loans and
Belgian LC Obligations under the Loan Agreement, to which reference is made for a statement of the rights and obligations of Belgian Lender and the duties and obligations of Belgian Borrower. The Loan Agreement contains provisions for acceleration
of the maturity of this Note upon the happening of certain stated events, and for the borrowing, prepayment and reborrowing of amounts upon specified terms and conditions. 
 The holder of this Note is hereby authorized by Belgian Borrower to record on a schedule annexed to this Note (or on a supplemental schedule) the amounts owing with respect to Belgian Revolver Loans and
Belgian LC Obligations, and the payment thereof. Failure to make any notation, however, shall not affect the rights of the holder of this Note or any obligations of Belgian Borrower hereunder or under any other Loan Documents. 

Time is of the essence of this Note. Belgian Borrower and all endorsers, sureties and guarantors of this Note hereby severally waive
demand, presentment for payment, protest, notice of protest, notice of intention to accelerate the maturity of this Note, diligence in collecting, the bringing of any suit against any party, and any notice of or defense on account of any extensions,
renewals, partial payments, or changes in any manner of or in this Note or in any of its terms, provisions and covenants, or any releases or substitutions of any security, or any delay, indulgence or other act of any trustee or any holder hereof,
whether before or after maturity. Belgian Borrower agrees in accordance with the terms of the Loan Agreement to pay, and to save the holder of this Note harmless against, any liability for the payment of all costs and expenses (including without
limitation reasonable and documented attorneys’ fees) if this Note is collected by or through an attorney-at-law. 

 In no contingency or event whatsoever shall the amount paid or agreed to be paid to the
holder of this Note for the use, forbearance or detention of money advanced hereunder exceed the highest lawful rate permitted under Applicable Law. If any such excess amount is inadvertently paid by Belgian Borrower or inadvertently received by the
holder of this Note, such excess shall be returned to Belgian Borrower or credited as a payment of principal, in accordance with the Loan Agreement. It is the intent hereof that Belgian Borrower not pay or contract to pay, and that holder of this
Note not receive or contract to receive, directly or indirectly in any manner whatsoever, interest in excess of that which may be paid by Belgian Borrower under Applicable Law. 

This Note shall be governed by the laws of the State of New York, without giving effect to any conflict of law principles. 

IN WITNESS WHEREOF, this Revolver Note is executed as of the date set forth above. 

 

			
	[BELGIAN BORROWER]
		
	Per:	 	 
		 	Name:
		 	Title:

 EXHIBIT C-3 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF CANADIAN REVOLVER NOTE 
  

					
	 _______, 20__
	  	$______________	  	[________________]

 [BORROWER], a
                     (“Canadian Borrower”), for value received, hereby unconditionally promises to pay to the order of
                                         
    (“Canadian Lender”), the principal sum of                      U.S. DOLLARS
($                    ), or such lesser amount as may be advanced by Canadian Lender as Canadian Revolver Loans and owing as Canadian LC
Obligations from time to time under the Loan Agreement described below, together with all accrued and unpaid interest thereon. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Amended and Restated
Loan, Security and Guarantee Agreement dated as of March 27, 2012 (as such agreement may be amended, modified, renewed or extended from time to time, the “Loan Agreement”), among Canadian Borrower, certain affiliates of
Canadian Borrower, certain financial institutions party thereto as lenders and Bank of America, N.A., as collateral agent and administrative agent for itself and the Secured Parties. 

Principal of and interest on this Note from time to time outstanding shall be due and payable as provided in the Loan Agreement. This
Note is issued pursuant to and evidences Canadian Revolver Loans and Canadian LC Obligations under the Loan Agreement, to which reference is made for a statement of the rights and obligations of Canadian Lender and the duties and obligations of
Canadian Borrower. The Loan Agreement contains provisions for acceleration of the maturity of this Note upon the happening of certain stated events, and for the borrowing, prepayment and reborrowing of amounts upon specified terms and conditions.

 The holder of this Note is hereby authorized by Canadian Borrower to record on a schedule annexed to this Note (or on a
supplemental schedule) the amounts owing with respect to Canadian Revolver Loans and Canadian LC Obligations, and the payment thereof. Failure to make any notation, however, shall not affect the rights of the holder of this Note or any obligations
of Canadian Borrower hereunder or under any other Loan Documents. 
 Time is of the essence of this Note. Canadian Borrower and
all endorsers, sureties and guarantors of this Note hereby severally waive demand, presentment for payment, protest, notice of protest, notice of intention to accelerate the maturity of this Note, diligence in collecting, the bringing of any suit
against any party, and any notice of or defense on account of any extensions, renewals, partial payments, or changes in any manner of or in this Note or in any of its terms, provisions and covenants, or any releases or substitutions of any security,
or any delay, indulgence or other act of any trustee or any holder hereof, whether before or after maturity. Canadian Borrower agrees in accordance with the terms of the Loan Agreement to pay, and to save the holder of this Note harmless against,
any liability for the payment of all costs and expenses (including without limitation reasonable and documented attorneys’ fees) if this Note is collected by or through an attorney-at-law. 

 In no contingency or event whatsoever shall the amount paid or agreed to be paid to the
holder of this Note for the use, forbearance or detention of money advanced hereunder exceed the highest lawful rate permitted under Applicable Law. If any such excess amount is inadvertently paid by Canadian Borrower or inadvertently received by
the holder of this Note, such excess shall be returned to Canadian Borrower or credited as a payment of principal, in accordance with the Loan Agreement. It is the intent hereof that Canadian Borrower not pay or contract to pay, and that holder of
this Note not receive or contract to receive, directly or indirectly in any manner whatsoever, interest in excess of that which may be paid by Canadian Borrower under Applicable Law. 

This Note shall be governed by the laws of the State of New York, without giving effect to any conflict of law principles. 

IN WITNESS WHEREOF, this Revolver Note is executed as of the date set forth above. 

 

			
	[CANADIAN BORROWER]
		
	Per:	 	 
		 	Name:
		 	Title:

 EXHIBIT C-4 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF DUTCH REVOLVER NOTE 
  

					
	 _______, 20__
	  	$______________	  	[________________]

 [BORROWER], a
                     (“Dutch Borrower”), for value received, hereby unconditionally promises to pay to the order of
                                        
(“Dutch Lender”), the principal sum of                      U.S. DOLLARS
($                    ), or such lesser amount as may be advanced by Dutch Lender as Dutch Revolver Loans and owing as Dutch LC Obligations
from time to time under the Loan Agreement described below, together with all accrued and unpaid interest thereon. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Amended and Restated Loan, Security
and Guarantee Agreement dated as of March 27, 2012 (as such agreement may be amended, modified, renewed or extended from time to time, the “Loan Agreement”), among Dutch Borrower, certain affiliates of Dutch Borrower, certain
financial institutions party thereto as lenders and Bank of America, N.A., as collateral agent and administrative agent for itself and the Secured Parties. 
 Principal of and interest on this Note from time to time outstanding shall be due and payable as provided in the Loan Agreement. This Note is issued pursuant to and evidences Dutch Revolver Loans and
Dutch LC Obligations under the Loan Agreement, to which reference is made for a statement of the rights and obligations of Dutch Lender and the duties and obligations of Dutch Borrower. The Loan Agreement contains provisions for acceleration of the
maturity of this Note upon the happening of certain stated events, and for the borrowing, prepayment and reborrowing of amounts upon specified terms and conditions. 
 The holder of this Note is hereby authorized by Dutch Borrower to record on a schedule annexed to this Note (or on a supplemental schedule) the amounts owing with respect to Dutch Revolver Loans and Dutch
LC Obligations, and the payment thereof. Failure to make any notation, however, shall not affect the rights of the holder of this Note or any obligations of Dutch Borrower hereunder or under any other Loan Documents. 

Time is of the essence of this Note. Dutch Borrower and all endorsers, sureties and guarantors of this Note hereby severally waive
demand, presentment for payment, protest, notice of protest, notice of intention to accelerate the maturity of this Note, diligence in collecting, the bringing of any suit against any party, and any notice of or defense on account of any extensions,
renewals, partial payments, or changes in any manner of or in this Note or in any of its terms, provisions and covenants, or any releases or substitutions of any security, or any delay, indulgence or other act of any trustee or any holder hereof,
whether before or after maturity. Dutch Borrower agrees in accordance with the terms of the Loan Agreement to pay, and to save the holder of this Note harmless against, any liability for the payment of all costs and expenses (including without
limitation reasonable and documented attorneys’ fees) if this Note is collected by or through an attorney-at-law. 

 In no contingency or event whatsoever shall the amount paid or agreed to be paid to the
holder of this Note for the use, forbearance or detention of money advanced hereunder exceed the highest lawful rate permitted under Applicable Law. If any such excess amount is inadvertently paid by Dutch Borrower or inadvertently received by the
holder of this Note, such excess shall be returned to Dutch Borrower or credited as a payment of principal, in accordance with the Loan Agreement. It is the intent hereof that Dutch Borrower not pay or contract to pay, and that holder of this Note
not receive or contract to receive, directly or indirectly in any manner whatsoever, interest in excess of that which may be paid by Dutch Borrower under Applicable Law. 
 This Note shall be governed by the laws of the State of New York, without giving effect to any conflict of law principles. 
 IN WITNESS WHEREOF, this Revolver Note is executed as of the date set forth above. 
  

			
	[DUTCH BORROWER]
		
	Per:	 	 
		 	Name:
		 	Title:

 EXHIBIT C-5 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF NEW ZEALAND REVOLVER NOTE 
  

					
	 _______, 20    
	  	$______________	  	[________________]

 [BORROWER], a
                                 (“New Zealand Borrower”), for
value received, hereby unconditionally promises to pay to the order of
                                         
                    (“New Zealand Lender”), the principal sum of
                                 U.S. DOLLARS
($                        ), or such lesser amount as may be advanced by New Zealand Lender as New Zealand Revolver Loans
and owing as New Zealand LC Obligations from time to time under the Loan Agreement described below, together with all accrued and unpaid interest thereon. Capitalized terms used but not defined herein shall have the meanings given to such terms in
the Amended and Restated Loan, Security and Guarantee Agreement dated as of March 27, 2012 (as such agreement may be amended, modified, renewed or extended from time to time, the “Loan Agreement”), among New Zealand Borrower,
certain affiliates of New Zealand Borrower, certain financial institutions party thereto as lenders and Bank of America, N.A., as collateral agent and administrative agent for itself and the Secured Parties. 

Principal of and interest on this Note from time to time outstanding shall be due and payable as provided in the Loan Agreement. This
Note is issued pursuant to and evidences New Zealand Revolver Loans and New Zealand LC Obligations under the Loan Agreement, to which reference is made for a statement of the rights and obligations of New Zealand Lender and the duties and
obligations of New Zealand Borrower. The Loan Agreement contains provisions for acceleration of the maturity of this Note upon the happening of certain stated events, and for the borrowing, prepayment and reborrowing of amounts upon specified terms
and conditions. 
 The holder of this Note is hereby authorized by New Zealand Borrower to record on a schedule annexed to this
Note (or on a supplemental schedule) the amounts owing with respect to New Zealand Revolver Loans and New Zealand LC Obligations, and the payment thereof. Failure to make any notation, however, shall not affect the rights of the holder of this Note
or any obligations of New Zealand Borrower hereunder or under any other Loan Documents. 
 Time is of the essence of this Note.
New Zealand Borrower and all endorsers, sureties and guarantors of this Note hereby severally waive demand, presentment for payment, protest, notice of protest, notice of intention to accelerate the maturity of this Note, diligence in collecting,
the bringing of any suit against any party, and any notice of or defense on account of any extensions, renewals, partial payments, or changes in any manner of or in this Note or in any of its terms, provisions and covenants, or any releases or
substitutions of any security, or any delay, indulgence or other act of any trustee or any holder hereof, whether before or after maturity. New Zealand Borrower agrees in accordance with the terms of the Loan Agreement to pay, and to save the holder
of this Note harmless against, any liability for the payment of all costs and expenses (including without limitation reasonable and documented attorneys’ fees) if this Note is collected by or through an attorney-at-law. 

 In no contingency or event whatsoever shall the amount paid or agreed to be paid to the
holder of this Note for the use, forbearance or detention of money advanced hereunder exceed the highest lawful rate permitted under Applicable Law. If any such excess amount is inadvertently paid by New Zealand Borrower or inadvertently received by
the holder of this Note, such excess shall be returned to New Zealand Borrower or credited as a payment of principal, in accordance with the Loan Agreement. It is the intent hereof that New Zealand Borrower not pay or contract to pay, and that
holder of this Note not receive or contract to receive, directly or indirectly in any manner whatsoever, interest in excess of that which may be paid by New Zealand Borrower under Applicable Law. 

This Note shall be governed by the laws of the State of New York, without giving effect to any conflict of law principles. 

IN WITNESS WHEREOF, this Revolver Note is executed as of the date set forth above. 

 

			
	[NEW ZEALAND BORROWER]
		
	 Per:
	 	 
		 	Name:
		 	Title:

 EXHIBIT C-6 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF SINGAPORE REVOLVER NOTE 
  

					
	 _______, 20    
	  	$______________	  	[________________]

 [BORROWER], a
                                 (“Singapore Borrower”), for
value received, hereby unconditionally promises to pay to the order of
                                         
                    (“Singapore Lender”), the principal sum of
                                 U.S. DOLLARS
($                        ), or such lesser amount as may be advanced by Singapore Lender as Singapore Revolver Loans and
owing as Singapore LC Obligations from time to time under the Loan Agreement described below, together with all accrued and unpaid interest thereon. Capitalized terms used but not defined herein shall have the meanings given to such terms in the
Amended and Restated Loan, Security and Guarantee Agreement dated as of March 27, 2012 (as such agreement may be amended, modified, renewed or extended from time to time, the “Loan Agreement”), among Singapore Borrower, certain
affiliates of Singapore Borrower, certain financial institutions party thereto as lenders and Bank of America, N.A., as collateral agent and administrative agent for itself and the Secured Parties. 

Principal of and interest on this Note from time to time outstanding shall be due and payable as provided in the Loan Agreement. This
Note is issued pursuant to and evidences Singapore Revolver Loans and Singapore LC Obligations under the Loan Agreement, to which reference is made for a statement of the rights and obligations of Singapore Lender and the duties and obligations of
Singapore Borrower. The Loan Agreement contains provisions for acceleration of the maturity of this Note upon the happening of certain stated events, and for the borrowing, prepayment and reborrowing of amounts upon specified terms and conditions.

 The holder of this Note is hereby authorized by Singapore Borrower to record on a schedule annexed to this Note (or on a
supplemental schedule) the amounts owing with respect to Singapore Revolver Loans and Singapore LC Obligations, and the payment thereof. Failure to make any notation, however, shall not affect the rights of the holder of this Note or any obligations
of Singapore Borrower hereunder or under any other Loan Documents. 
 Time is of the essence of this Note. Singapore Borrower
and all endorsers, sureties and guarantors of this Note hereby severally waive demand, presentment for payment, protest, notice of protest, notice of intention to accelerate the maturity of this Note, diligence in collecting, the bringing of any
suit against any party, and any notice of or defense on account of any extensions, renewals, partial payments, or changes in any manner of or in this Note or in any of its terms, provisions and covenants, or any releases or substitutions of any
security, or any delay, indulgence or other act of any trustee or any holder hereof, whether before or after maturity. Singapore Borrower agrees in accordance with the terms of the Loan Agreement to pay, and to save the holder of this Note harmless
against, any liability for the payment of all costs and expenses (including without limitation reasonable and documented attorneys’ fees) if this Note is collected by or through an attorney-at-law. 

 In no contingency or event whatsoever shall the amount paid or agreed to be paid to the
holder of this Note for the use, forbearance or detention of money advanced hereunder exceed the highest lawful rate permitted under Applicable Law. If any such excess amount is inadvertently paid by Singapore Borrower or inadvertently received by
the holder of this Note, such excess shall be returned to Singapore Borrower or credited as a payment of principal, in accordance with the Loan Agreement. It is the intent hereof that Singapore Borrower not pay or contract to pay, and that holder of
this Note not receive or contract to receive, directly or indirectly in any manner whatsoever, interest in excess of that which may be paid by Singapore Borrower under Applicable Law. 

This Note shall be governed by the laws of the State of New York, without giving effect to any conflict of law principles. 

IN WITNESS WHEREOF, this Revolver Note is executed as of the date set forth above. 

 

			
	[SINGAPORE BORROWER]
		
	 Per:
	 	 
		 	Name:
		 	Title:

 EXHIBIT C-7 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF UK REVOLVER NOTE 
  

					
	 _______, 20    
	  	$______________	  	[________________]

 [BORROWER], a
                                 (“UK Borrower”), for value
received, hereby unconditionally promises to pay to the order of
                                         
                    (“UK Lender”), the principal sum of
                                 U.S. DOLLARS
($                        ), or such lesser amount as may be advanced by UK Lender as UK Revolver Loans and owing as UK LC
Obligations from time to time under the Loan Agreement described below, together with all accrued and unpaid interest thereon. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Amended and Restated
Loan, Security and Guarantee Agreement dated as of March 27, 2012 (as such agreement may be amended, modified, renewed or extended from time to time, the “Loan Agreement”), among UK Borrower, certain affiliates of UK Borrower,
certain financial institutions party thereto as lenders and Bank of America, N.A., as collateral agent and administrative agent for itself and the Secured Parties. 
 Principal of and interest on this Note from time to time outstanding shall be due and payable as provided in the Loan Agreement. This Note is issued pursuant to and evidences UK Revolver Loans and UK LC
Obligations under the Loan Agreement, to which reference is made for a statement of the rights and obligations of UK Lender and the duties and obligations of UK Borrower. The Loan Agreement contains provisions for acceleration of the maturity of
this Note upon the happening of certain stated events, and for the borrowing, prepayment and reborrowing of amounts upon specified terms and conditions. 
 The holder of this Note is hereby authorized by UK Borrower to record on a schedule annexed to this Note (or on a supplemental schedule) the amounts owing with respect to UK Revolver Loans and UK LC
Obligations, and the payment thereof. Failure to make any notation, however, shall not affect the rights of the holder of this Note or any obligations of UK Borrower hereunder or under any other Loan Documents. 

Time is of the essence of this Note. UK Borrower and all endorsers, sureties and guarantors of this Note hereby severally waive demand,
presentment for payment, protest, notice of protest, notice of intention to accelerate the maturity of this Note, diligence in collecting, the bringing of any suit against any party, and any notice of or defense on account of any extensions,
renewals, partial payments, or changes in any manner of or in this Note or in any of its terms, provisions and covenants, or any releases or substitutions of any security, or any delay, indulgence or other act of any trustee or any holder hereof,
whether before or after maturity. UK Borrower agrees in accordance with the terms of the Loan Agreement to pay, and to save the holder of this Note harmless against, any liability for the payment of all costs and expenses (including without
limitation reasonable and documented attorneys’ fees) if this Note is collected by or through an attorney-at-law. 

 In no contingency or event whatsoever shall the amount paid or agreed to be paid to the
holder of this Note for the use, forbearance or detention of money advanced hereunder exceed the highest lawful rate permitted under Applicable Law. If any such excess amount is inadvertently paid by UK Borrower or inadvertently received by the
holder of this Note, such excess shall be returned to UK Borrower or credited as a payment of principal, in accordance with the Loan Agreement. It is the intent hereof that UK Borrower not pay or contract to pay, and that holder of this Note not
receive or contract to receive, directly or indirectly in any manner whatsoever, interest in excess of that which may be paid by UK Borrower under Applicable Law. 
 This Note shall be governed by the laws of the State of New York, without giving effect to any conflict of law principles. 
 IN WITNESS WHEREOF, this Revolver Note is executed as of the date set forth above. 
  

			
	[UK BORROWER]
		
	 Per:
	 	 
		 	Name:
		 	Title:

 EXHIBIT C-8 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF U.S. REVOLVER NOTE 
  

					
	 _____ __, 20    
	  	$______________	  	New York City, New York

 [BORROWER 1], a
                                , [BORROWER 2], a
                                , and [BORROWER 3], a
                                , (collectively, “Initial U.S.
Borrowers”) and the other U.S. Borrowers party to the Loan Agreement described below from time to time (together with the Initial U.S. Borrowers, “U.S. Borrowers”), for value received, hereby unconditionally promise to pay,
on a joint and several basis, to the order of
                                         
                    (“U.S. Lender”), the principal sum of
                                         
                    U.S. DOLLARS
($                        ), or such lesser amount as may be advanced by U.S. Lender as U.S. Revolver Loans and owing as
U.S. LC Obligations from time to time under the Loan Agreement described below, together with all accrued and unpaid interest thereon. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Amended and
Restated Loan, Security and Guarantee Agreement dated as of March 27, 2012 (as such agreement may be amended, modified, renewed or extended from time to time, the “Loan Agreement”), among Initial U.S. Borrowers, certain
affiliates of Initial US Borrowers, certain financial institutions party thereto as lenders and Bank of America, N.A., as collateral agent and administrative agent for itself and the Secured Parties. 

Principal of and interest on this Note from time to time outstanding shall be due and payable as provided in the Loan Agreement. This
Note is issued pursuant to and evidences U.S. Revolver Loans and U.S. LC Obligations under the Loan Agreement, to which reference is made for a statement of the rights and obligations of U.S. Lender and the duties and obligations of U.S. Borrowers.
The Loan Agreement contains provisions for acceleration of the maturity of this Note upon the happening of certain stated events, and for the borrowing, prepayment and reborrowing of amounts upon specified terms and conditions. 

The holder of this Note is hereby authorized by U.S. Borrowers to record on a schedule annexed to this Note (or on a supplemental
schedule) the amounts owing with respect to U.S. Revolver Loans and U.S. LC Obligations, and the payment thereof. Failure to make any notation, however, shall not affect the rights of the holder of this Note or any obligations of U.S. Borrowers
hereunder or under any other Loan Documents. 
 Time is of the essence of this Note. Each U.S. Borrower and all endorsers,
sureties and guarantors of this Note hereby severally waive demand, presentment for payment, protest, notice of protest, notice of intention to accelerate the maturity of this Note, diligence in collecting, the bringing of any suit against any
party, and any notice of or defense on account of any extensions, renewals, partial payments, or changes in any manner of or in this Note or in any of its terms, provisions and covenants, or any releases or substitutions of any security, or any
delay, indulgence or other act of any trustee or any holder hereof, whether before or after maturity. U.S. Borrowers jointly and severally agree in accordance with the terms of the Loan Agreement to pay, and to save the holder of this Note harmless
against, any liability for the payment of all costs and expenses (including without limitation reasonable and documented attorneys’ fees) if this Note is collected by or through an attorney-at-law. 

 In no contingency or event whatsoever shall the amount paid or agreed to be paid to the
holder of this Note for the use, forbearance or detention of money advanced hereunder exceed the highest lawful rate permitted under Applicable Law. If any such excess amount is inadvertently paid by U.S. Borrowers or inadvertently received by the
holder of this Note, such excess shall be returned to U.S. Borrowers or credited as a payment of principal, in accordance with the Loan Agreement. It is the intent hereof that U.S. Borrowers not pay or contract to pay, and that holder of this Note
not receive or contract to receive, directly or indirectly in any manner whatsoever, interest in excess of that which may be paid by U.S. Borrowers under Applicable Law. 
 This Note shall be governed by the laws of the State of New York, without giving effect to any conflict of law principles (but giving effect to federal laws relating to national banks). 

IN WITNESS WHEREOF, this Revolver Note is executed as of the date set forth above. 

 

			
	[INITIAL U.S. BORROWER 1]
		
	    By:	 	 
		
	    Name:	 	 
		
	    Title:	 	 

  

			
	[INITIAL U.S. BORROWER 2]
		
	    By:	 	 
		
	    Name:	 	 
		
	    Title:	 	 

  

			
	[INITIAL U.S. BORROWER 3]
		
	    By:	 	 
		
	    Name:	 	 
		
	    Title:	 	 

 EXHIBIT D 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF COMPLIANCE CERTIFICATE 
 Bank of America, N.A. 
 901 Main Street, 22nd Floor 

Dallas, Texas 75202 
 Attn: Mark Porter

 Telecopy: (214) 209-4766 
 This Compliance Certificate is furnished pursuant to that certain Amended and Restated Loan, Security and Guarantee Agreement dated as of March 27, 2012 (as the same may be amended, supplemented or
otherwise modified from time to time, the “Loan Agreement”), among MCJUNKIN RED MAN CORPORATION, a Delaware corporation (“MRC”), GREENBRIER PETROLEUM CORPORATION, a West Virginia corporation
(“Greenbrier”), MCJUNKIN RED MAN DEVELOPMENT CORPORATION, a Delaware corporation (“McJunkin Development”), MIDWAY – TRISTATE CORPORATION, a New York corporation (“Midway”), MILTON
OIL & GAS COMPANY, a West Virginia corporation (“Milton”), MRC MANAGEMENT COMPANY, a Delaware corporation (“Management”), RUFFNER REALTY COMPANY, a West Virginia corporation (“Ruffner”),
and THE SOUTH TEXAS SUPPLY COMPANY, INC., a Texas corporation (“South Texas” and together with MRC, Greenbrier, McJunkin Development, Midway, Milton, Management and Ruffner, the “Initial U.S. Borrowers”), MRC
TRANSMARK PTY LTD, a company incorporated under the laws of the Commonwealth of Australia (“Transmark Australia”), and MRC SPF PTY LTD., a company incorporated under the laws of the Commonwealth of Australia (“SPF
Australia” and together with Transmark Australia, the “Initial Australian Borrowers”), MRC TRANSMARK NV, a limited liability company organized under the laws of Belgium (the “Initial Belgian Borrower”),
MIDFIELD SUPPLY ULC, an unlimited liability corporation organized under the laws of Alberta, Canada (the “Initial Canadian Borrower”), MRC TRANSMARK B.V., a limited company organized under the laws of the Netherlands
(“Transmark Netherlands”), and MRC TRANSMARK INTERNATIONAL B.V., a limited company organized under the laws of the Netherlands (“International Netherlands” and together with Transmark Netherlands, the
“Initial Dutch Borrowers”), MRC TRANSMARK HOLDINGS UK LIMITED, a company incorporated in England and Wales with company number 05436123 (“Holdings UK”), MRC TRANSMARK LIMITED, a company incorporated in England and
Wales with company number 03471259 (“Transmark UK”), MRC TRANSMARK (DRAGON) LIMITED, a company incorporated in England and Wales with company number 03797606 (“Dragon UK”), and MRC SPF SCANFIT LIMITED, a company
incorporated in England and Wales with company number 02299105 (“SPF UK” and together with Holdings UK, Transmark UK and Dragon UK, the “Initial UK Borrowers”; and collectively with any other UK Borrowers, any other
Australian Borrowers, any other Belgian Borrowers, any other Canadian Borrowers, any other Dutch Borrowers, any New Zealand Borrowers, any Singapore Borrowers and any other U.S. Borrowers, the “Borrowers”), the Persons from time to
time party to the Loan Agreement as Guarantors, the financial institutions party to the Loan Agreement from time to time as lenders (collectively, “Lenders”), and BANK OF AMERICA, N.A., a national banking association, in its
capacity as collateral agent and administrative agent for itself and the other Secured Parties (together with any successor agent appointed pursuant to Section 12.10, the “Agent”). Capitalized terms used but not defined herein
shall have the meanings given to such terms in the Loan Agreement. 

 THE UNDERSIGNED HEREBY CERTIFIES, ON BEHALF OF THE NORTH AMERICAN LOAN PARTY AGENT AND ON
BEHALF OF THE BORROWERS, THAT: 
 1. I am the duly elected
[                        ]21 of MRC. 
 2. I have reviewed the terms of the Loan Agreement and I have made, or have caused to be made under my supervision, a detailed review of the transactions and conditions of MRC and its Subsidiaries (or, so
long as the Parent is a Passive Entity which owns MRC, the Parent and its Subsidiaries) during the accounting period covered by the financial statements attached hereto as Schedule I and such financial statements present fairly in all
material respects the financial condition and results of operations of MRC and its Subsidiaries (or, so long as the Parent is a Passive Entity which owns MRC, the Parent and its Subsidiaries) on a consolidated basis in accordance with GAAP[, subject
to normal year-end audit adjustments and the absence of footnotes.]22 
 3. Except as set forth below, no Default or Event of Default exists.

 4. Schedule II attached hereto sets forth the Consolidated Fixed Charge Coverage Ratio (and accompanying calculations)
as at the end of [the most recent fiscal quarter/fiscal year]. [However, compliance with this financial covenant is not required for the purposes of Section 10.3.1 of the Loan Agreement because no FCCR Test Event has occurred and is continuing.
“FCCR Test Event” means the occurrence of any one of the following events: (i) Excess Availability shall be less than the greater of (A) 10% of the Commitments or (B) $95,000,000 or (ii) an Event of Default shall have
occurred and be continuing; provided, that, to the extent that the FCCR Test Event has occurred due to clause (i) of this definition, if Excess Availability shall have exceeded the greater of (x) 10% of the Commitments and
(y) $95,000,000 for at least thirty (30) consecutive days, the FCCR Test Event shall be deemed to be over.] 
 5.
Schedule III attached hereto specifies any change in the identity of the Restricted Subsidiaries and/or Unrestricted Subsidiaries as at the end of [fiscal quarter/fiscal year] from the Restricted Subsidiaries and Unrestricted Subsidiaries,
respectively, provided to the Lenders on [the Closing Date/                 , 20    ]. 

6. Schedule IV attached hereto sets forth sets forth the detailed computations necessary to determine the applicable level of the
Applicable Margin to be effective as of the first day of the calendar month immediately following the Agent’s receipt of this Certificate. 
 7. Schedule V attached hereto sets forth the amount of any Pro Forma Adjustment not previously set forth in a Pro Forma Adjustment Certificate and/or any change in the amount of a Pro Forma
Adjustment set forth in the Pro Forma Adjustment Certificate previously provided on [                , 20__] and, [in each case,] in reasonable detail, the
calculations and basis therefor. 
  
  

	21	 Certifying officer
must be a Senior Officer. 

	22	 For quarterly
statements only. 

 8. [I hereby certify that no Loan Party has changed (i) its legal
name, (ii) its organizational identification number, corporate access number, company’s registration number or other jurisdiction specific identifying number, if any, issued by the relevant regulatory authority or governmental body in the
jurisdiction of organization or incorporation of such Loan Party, (iii) its chief executive office or registered office or (iv) its jurisdiction of incorporation or organization since [the Closing Date] [the date of the most recent
Compliance Certificate delivered pursuant to Section 10.1.1(e) of the Loan Agreement.]23 
 Described below are the exceptions, if any, to paragraph 3 by listing, in
detail, the nature of the condition or event, the period during which it has existed and the action which the Borrowers have taken, are taking, or propose to take with respect to each such condition or event: 

 

			
		  	 
		
		  	 

 The foregoing certifications, together with the computations set forth in Schedules II, IV
and V hereto and the financial statements attached hereto as Schedule I and in support hereof, are made and delivered this          day of
                 , 20        . 

 

							
	MCJUNKIN RED MAN CORPORATION
			
		 	By:	 	 
				
		 		 	Name:	 	 
				
		 		 	Title:	 	 

  
  

	23	 To be included
only in Compliance Certificates delivered in connection with the fiscal year end financial statements provided for in Section 10.1.1(a). 

 EXHIBIT E 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF NOTICE OF BORROWING 
 Reference is made to that certain Amended and Restated Loan, Security and Guarantee Agreement dated as of March 27, 2012 (as the same may be amended, supplemented or otherwise modified from time to
time, the “Loan Agreement”), among MCJUNKIN RED MAN CORPORATION, a Delaware corporation (“MRC”), GREENBRIER PETROLEUM CORPORATION, a West Virginia corporation (“Greenbrier”), MCJUNKIN RED MAN
DEVELOPMENT CORPORATION, a Delaware corporation (“McJunkin Development”), MIDWAY – TRISTATE CORPORATION, a New York corporation (“Midway”), MILTON OIL & GAS COMPANY, a West Virginia corporation
(“Milton”), MRC MANAGEMENT COMPANY, a Delaware corporation (“Management”), RUFFNER REALTY COMPANY, a West Virginia corporation (“Ruffner”), and THE SOUTH TEXAS SUPPLY COMPANY, INC., a Texas
corporation (“South Texas” and together with MRC, Greenbrier, McJunkin Development, Midway, Milton, Management and Ruffner, the “Initial U.S. Borrowers”), MRC TRANSMARK PTY LTD, a company incorporated under the laws
of the Commonwealth of Australia (“Transmark Australia”), and MRC SPF PTY LTD., a company incorporated under the laws of the Commonwealth of Australia (“SPF Australia” and together with Transmark Australia, the
“Initial Australian Borrowers”), MRC TRANSMARK NV, a limited liability company organized under the laws of Belgium (the “Initial Belgian Borrower”), MIDFIELD SUPPLY ULC, an unlimited liability corporation organized
under the laws of Alberta, Canada (the “Initial Canadian Borrower”), MRC TRANSMARK B.V., a limited company organized under the laws of the Netherlands (“Transmark Netherlands”), and MRC TRANSMARK INTERNATIONAL B.V.,
a limited company organized under the laws of the Netherlands (“International Netherlands” and together with Transmark Netherlands, the “Initial Dutch Borrowers”), MRC TRANSMARK HOLDINGS UK LIMITED, a company
incorporated in England and Wales with company number 05436123 (“Holdings UK”), MRC TRANSMARK LIMITED, a company incorporated in England and Wales with company number 03471259 (“Transmark UK”), MRC TRANSMARK
(DRAGON) LIMITED, a company incorporated in England and Wales with company number 03797606 (“Dragon UK”), and MRC SPF SCANFIT LIMITED, a company incorporated in England and Wales with company number 02299105 (“SPF
UK” and together with Holdings UK, Transmark UK and Dragon UK, the “Initial UK Borrowers”; and collectively with any other UK Borrowers, any other Australian Borrowers, any other Belgian Borrowers, any other Canadian
Borrowers, any other Dutch Borrowers, any New Zealand Borrowers, any Singapore Borrowers and any other U.S. Borrowers, the “Borrowers” and each, a “Borrower”), the Persons from time to time party to the Loan
Agreement as Guarantors, the financial institutions party to the Loan Agreement from time to time as lenders (collectively, “Lenders”), and BANK OF AMERICA, N.A., a national banking association, in its capacity as collateral agent
and administrative agent for itself and the other Secured Parties (together with any successor agent appointed pursuant to Section 12.10 of the Loan Agreement, the “Agent”). Capitalized terms used but not defined herein shall
have the meanings given to such terms in the Loan Agreement. 

 [The undersigned hereby gives irrevocable notice, pursuant to Section 4.1.1(a) of the
Loan Agreement, of a request hereby for a Borrowing of Loans as follows: 
  

					
	Borrower Name:	  	___________________	  	
			
	 Principal Amount of Borrowing:
	  	$                             
   	  	
			
	 Date of Borrowing:
	  	                             
   , 20__	  	
			
	Type of Loan:	  		  	
			
	[U.S. Base Rate] [LIBOR] Loan	  		  	
			
	[Interest Period:	  	         Months]24	  	
			
	Borrower Group Commitment:	  	U.S. Revolver Commitments	  	
			
	Loan Denomination:	  	Dollars]25	  	

 [The undersigned hereby gives irrevocable notice, pursuant to Section 4.1.1(a) of the Loan
Agreement, of a request hereby for a Borrowing of Loans as follows: 
  

					
	Borrower Name:	  	___________________	  	
			
	 Principal Amount of Borrowing:
	  	[Cdn]$                            
    	  	
			
	 Date of Borrowing:
	  	                        , 20__	  	
			
	Type of Loan:	  		  	
	
	[Canadian Base Rate] [Canadian Prime Rate] [LIBOR] [Canadian BA Rate] Loan
			
	[Interest Period:	  	         Months]26	  	
			
	Borrower Group Commitment:	  	Canadian Revolver Commitments	  	
			
	Loan Denomination:	  	[Canadian Dollars] [Dollars]]27	  	

  

	24 	 Provide only if requested Borrowing is a LIBOR Loan. 

	25 	 Use this paragraph for Borrowings by U.S. Borrowers. 

	26 	 Provide only if requested Borrowing is not a Canadian Base Rate Loan. 

	27 	 Use this paragraph for Borrowings by Canadian Borrowers. 

 [The undersigned hereby gives irrevocable notice, pursuant to Section 4.1.1(b) of the
Loan Agreement, of a request hereby for a Borrowing of Loans as follows: 
  

					
	Borrower Name:	  	___________________	  	
			
	 Principal Amount of Borrowing:
	  	[€][$]                           
     	  	
			
	 Date of Borrowing:
	  	                             
   , 20__	  	
			
	Type of Loan:	  		  	
		
	[Belgian Base Rate] [Dutch Base Rate] [LIBOR] Loan	  	
			
	[Interest Period:	  	         Months]28	  	
			
	Borrower Group Commitment:	  	[Belgian] [Dutch] Revolver Commitments	  	
			
	Loan Denomination:	  	[Euros] [Dollars]]29	  	

 [The undersigned hereby gives irrevocable notice, pursuant to Section 4.1.1(b) of the Loan
Agreement, of a request hereby for a Borrowing of Loans as follows: 
  

					
	Borrower Name:	  	___________________	  	
			
	 Principal Amount of Borrowing:
	  	[£][€][$]                          
  	  	
			
	 Date of Borrowing:
	  	                            ,
20__	  	
			
	Type of Loan:	  		  	
			
	[UK Base Rate] [LIBOR] Loan	  		  	
			
	[Interest Period:	  	         Months]30	  	
			
	Borrower Group Commitment:	  	UK Revolver Commitments	  	
		
	Loan Denomination:	  	[Sterling] [Euros] [Dollars][insert other currency if applicable in connection with UK Alternate Swingline Loan]31 

  

	28 	 Provide only if requested Borrowing is a LIBOR Loan. 

	29 	 Use this paragraph for Borrowings by Belgian or Dutch Borrowers. 

	30 	 Provide only if requested Borrowing is not a LIBOR Loan. 

	31 	 Use this paragraph for Borrowings by UK Borrowers. 

 [The undersigned hereby gives irrevocable notice, pursuant to Section 4.1.1(c)(i) of
the Loan Agreement, of a request hereby for a Borrowing of Loans as follows: 
  

					
	Borrower Name:	  	___________________	  	
			
	 Principal Amount of Borrowing:
	  	[AUD$][$][€][£]                         
   	  	
			
	 Date of Borrowing:
	  	                             
   , 20__	  	
			
	Type of Loan:	  		  	
		
	[Australian Bank Bill Rate] [Australian Base Rate] [LIBOR] Loan	  	
			
	[Interest Period:	  	         Months]32	  	
			
	Borrower Group Commitment:	  	Australian Revolver Commitments	  	
			
	Loan Denomination:	  	[Australian Dollars] [Dollars] [Euros]
[Sterling]]33	  	

 [The undersigned hereby gives irrevocable notice, pursuant to Section 4.1.1(c)(ii) of the Loan
Agreement, of a request hereby for a Borrowing of Loans as follows: 
  

					
	Borrower Name:	  	___________________	  	
			
	 Principal Amount of Borrowing:
	  	[NZD$][$][€]                          
      	  	
			
	 Date of Borrowing:
	  	                             
   , 20__	  	
			
	Type of Loan:	  		  	
		
	[New Zealand Bank Bill Rate] [New Zealand Base Rate] [LIBOR] Loan	  	
			
	[Interest Period:	  	         Months]34	  	
			
	Borrower Group Commitment:	  	New Zealand Revolver Commitments	  	
			
	Loan Denomination:	  	[New Zealand Dollars] [Dollars]
[Euros]]35	  	

  

	32 	 Provide only if requested Borrowing is not an Australian Base Rate Loan. 

	33 	 Use this paragraph for Borrowings by Australian Borrowers. 

	34 	 Provide only if requested Borrowing is not a New Zealand Base Rate Loan. 

	35 	 Use this paragraph for Borrowings by New Zealand Borrowers. 

 [The undersigned hereby gives irrevocable notice, pursuant to Section 4.1.1(c)(iii) of
the Loan Agreement, of a request hereby for a Borrowing of Loans as follows: 
  

					
	Borrower Name:	  	___________________	  	
			
	 Principal Amount of Borrowing:
	  	[SGD$][$][€]                          
      	  	
			
	 Date of Borrowing:
	  	                             
   , 20__	  	
			
	Type of Loan:	  		  	
		
	[Singapore Base Rate] [LIBOR] [SIBOR] Loan	  	
			
	[Interest Period:	  	         Months]36	  	
			
	Borrower Group Commitment:	  	Singapore Revolver Commitments	  	
			
	Loan Denomination:	  	[Singapore Dollars] [Dollars]
[Euros]]37	  	

 The requested Borrowing of Loans is to be wired as follows: 

[Name of Bank] 

[City of Bank] 

Beneficiary: 

Account No.: 

ABA No.: 
 Attn:

 The undersigned hereby certifies that on the date hereof and on the Date of Borrowing set forth above, and after giving
effect to the Borrowing requested hereby and any other Borrowing on such date: (i) there exists and there shall exist no Default or Event of Default; (ii) the representations and warranties of each Loan Party in the Loan Documents are true
and correct in all material respects or, with respect to representations and warranties qualified by materiality, in all respects (except in the case of representations and warranties that relate by their terms to a specified date);
(iii) Availability of not less than the amount of the proposed Borrowings exists; and (iv) no Overadvance exists or shall exist and the Total Revolver Exposure does not exceed the Maximum Facility Amount. 

[Signature Page Follows] 
  

 

	36 	 Provide only if requested Borrowing is not a Singapore Base Rate Loan. 

	37 	 Use this paragraph for Borrowings by Singapore Borrowers. 

 IN WITNESS WHEREOF, [Asian/European/North American] Loan Party Agent has caused this Notice
of Borrowing to be executed and delivered by its duly authorized officer to Agent as of the date first set forth above. 
  

			
	[APPLICABLE LOAN PARTY AGENT]
		
	 By:
	 	 
		 	Name:
		 	Title:

 EXHIBIT F 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF NOTICE OF CONVERSION/CONTINUATION 
 Reference is made to that certain Amended and Restated Loan, Security and Guarantee Agreement dated as of March 27, 2012 (as the same may be amended, supplemented or otherwise modified from time to
time, the “Loan Agreement”), among MCJUNKIN RED MAN CORPORATION, a Delaware corporation (“MRC”), GREENBRIER PETROLEUM CORPORATION, a West Virginia corporation (“Greenbrier”), MCJUNKIN RED MAN
DEVELOPMENT CORPORATION, a Delaware corporation (“McJunkin Development”), MIDWAY – TRISTATE CORPORATION, a New York corporation (“Midway”), MILTON OIL & GAS COMPANY, a West Virginia corporation
(“Milton”), MRC MANAGEMENT COMPANY, a Delaware corporation (“Management”), RUFFNER REALTY COMPANY, a West Virginia corporation (“Ruffner”), and THE SOUTH TEXAS SUPPLY COMPANY, INC., a Texas
corporation (“South Texas” and together with MRC, Greenbrier, McJunkin Development, Midway, Milton, Management and Ruffner, the “Initial U.S. Borrowers”), MRC TRANSMARK PTY LTD, a company incorporated under the laws
of the Commonwealth of Australia (“Transmark Australia”), and MRC SPF PTY LTD., a company incorporated under the laws of the Commonwealth of Australia (“SPF Australia” and together with Transmark Australia, the
“Initial Australian Borrowers”), MRC TRANSMARK NV, a limited liability company organized under the laws of Belgium (the “Initial Belgian Borrower”), MIDFIELD SUPPLY ULC, an unlimited liability corporation organized
under the laws of Alberta, Canada (the “Initial Canadian Borrower”), MRC TRANSMARK B.V., a limited company organized under the laws of the Netherlands (“Transmark Netherlands”), and MRC TRANSMARK INTERNATIONAL B.V.,
a limited company organized under the laws of the Netherlands (“International Netherlands” and together with Transmark Netherlands, the “Initial Dutch Borrowers”), MRC TRANSMARK HOLDINGS UK LIMITED, a company
incorporated in England and Wales with company number 05436123 (“Holdings UK”), MRC TRANSMARK LIMITED, a company incorporated in England and Wales with company number 03471259 (“Transmark UK”), MRC TRANSMARK
(DRAGON) LIMITED, a company incorporated in England and Wales with company number 03797606 (“Dragon UK”), and MRC SPF SCANFIT LIMITED, a company incorporated in England and Wales with company number 02299105 (“SPF
UK” and together with Holdings UK, Transmark UK and Dragon UK, the “Initial UK Borrowers”; and collectively with any other UK Borrowers, any other Australian Borrowers, any other Belgian Borrowers, any other Canadian
Borrowers, any other Dutch Borrowers, any New Zealand Borrowers, any Singapore Borrowers and any other U.S. Borrowers, the “Borrowers” and each, a “Borrower”), the Persons from time to time party to the Loan
Agreement as Guarantors, the financial institutions party to the Loan Agreement from time to time as lenders (collectively, “Lenders”), and BANK OF AMERICA, N.A., a national banking association, in its capacity as collateral agent
and administrative agent for itself and the other Secured Parties (together with any successor agent appointed pursuant to Section 12.10 of the Loan Agreement, the “Agent”). Capitalized terms used but not defined herein shall
have the meanings given to such terms in the Loan Agreement. 

 [The undersigned hereby gives irrevocable notice, pursuant to Section 3.1.2 of the
Loan Agreement, of a request hereby that the Loans set forth below be [continued as LIBOR Loans] [converted to LIBOR Loans] as follows: 
  

					
	 Aggregate Principal Amount of Loans to be converted/continued:
	  	$	__________	  
	 Date of Conversion/Continuation:
	  	 	__________	  
	 Type of Loans:
	  			
	 [LIBOR]

[[Australian/Belgian/Canadian/Dutch/New Zealand/Singapore/UK/U.S.] Base Rate] Loans
	  			
	 Interest Period:
	  	 	__ Months	]38 

 [The undersigned hereby gives irrevocable notice, pursuant to Section 3.1.3 of the Loan Agreement,
of a request hereby that the Loans set forth below be [continued as Australian Bank Bill Rate Loans] [converted to Australian Bank Bill Rate Loans] as follows: 
  

					
	 Aggregate Principal Amount of Loans to be converted/continued:
	  	AUS$	__________	  
	 Date of Conversion/Continuation:
	  	 	__________	  
	 Type of Loans:
	  			
	 [Australian Bank Bill Rate] [Australian Base Rate] Loans
	  			
	 Interest Period:
	  	 	__ Months	]39 

  

	38 	 Use this paragraph to (a) convert any Base Rate Loans to LIBOR Loans or (b) to continue any LIBOR Loans. 

	39 	 Use this paragraph to (a) convert any Australian Base Rate Loans funded in Australian Dollars to Australian Bank Bill Rate Loans or (b) to
continue any Australian Bank Bill Rate Loans. 

 [The undersigned hereby gives irrevocable notice, pursuant to Section 3.1.4 of the
Loan Agreement, of a request hereby that the Loans set forth below be [continued as Canadian BA Rate Loans] [converted to Canadian BA Rate Loans] as follows: 
  

					
	 Aggregate Principal Amount of Loans to be converted/continued:
	  	CDN$	__________	  
	 Date of Conversion/Continuation:
	  	 	__________	  
	 Type of Loans:
	  			
	 [Canadian BA Rate] [Canadian Prime Rate] Loans
	  			
	 Interest Period:
	  	 	__ Months	]40 

 [The undersigned hereby gives irrevocable notice, pursuant to Section 3.1.5 of the Loan Agreement,
of a request hereby that the Loans set forth below be [continued as New Zealand Bank Bill Rate Loans] [converted to New Zealand Bank Bill Rate Loans] as follows: 
  

					
	 Aggregate Principal Amount of Loans to be converted/continued:
	  	NZD$	__________	  
	 Date of Conversion/Continuation:
	  	 	__________	  
	 Type of Loans:
	  			
	 [New Zealand Bank Bill Rate] [New Zealand Base Rate] Loans
	  			
	 Interest Period:
	  	 	__ Months	]41 

  
  

	40 	 Use this paragraph to (a) convert any Canadian Prime Rate Loans to Canadian BA Rate Loans or (b) to continue any Canadian Prime Rate Loans.

	41 	 Use this paragraph to (a) convert any New Zealand Base Rate Loans funded in New Zealand Dollars to New Zealand Bank Bill Rate Loans or (b) to
continue any New Zealand Bank Bill Rate Loans. 

 [The undersigned hereby gives irrevocable notice, pursuant to Section 3.1.6 of the
Loan Agreement, of a request hereby that the Loans set forth below be [continued as SIBOR Loans] [converted to SIBOR Loans] as follows: 
  

					
	 Aggregate Principal Amount of Loans to be converted/continued:
	  	SGD$	__________	  
	 Date of Conversion/Continuation:
	  	 	______	  
	 Type of Loans:
	  			
	 [SIBOR] [Singapore Base Rate] Loans
	  			
	 Interest Period:
	  	 	__ Months	]42 

 [Signature Page Follows] 

 

	42 	 Use this paragraph to (a) convert any Singapore Base Rate Loans funded in Singapore Dollars to SIBOR Loans or (b) to continue any SIBOR
Loans. 

 IN WITNESS WHEREOF, the [Asian/European/North American] Loan Party Agent has caused this
Notice of Conversion/Continuation to be executed and delivered by its duly authorized officer to the Agent as of the date first set forth above. 
  

			
	[APPLICABLE LOAN PARTY AGENT]
		
	By:	 	 
		 	Name:
		 	Title:

 EXHIBIT G 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF PERFECTION CERTIFICATE 
 March 27, 2012 
 Reference is hereby made to that certain Amended and
Restated Loan, Security and Guarantee Agreement dated as of the date hereof (the “Amended and Restated Loan Agreement”), among McJunkin Red Man Corporation as a U.S. Borrower, certain of its U.S. subsidiaries party thereto as U.S.
Borrowers, Midfield Supply ULC, as Canadian Borrower, MRC Transmark Pty Ltd. and MRC SPF Pty Ltd. as Australian Borrowers, MRC Transmark NV as Belgian Borrower, MRC Transmark B.V. and MRC Transmark International B.V. as Netherlands Borrowers and MRC
Transmark Holdings UK Limited, MRC Transmark Limited, MRC Transmark (Dragon) Limited and MRC SPF Scanfit Limited as U.K. Borrowers (each of the U.S. Borrowers, Belgian Borrower, Canadian Borrower, Australian Borrowers, Netherlands Borrowers and U.K.
Borrowers, a “Loan Party” and collectively the “Loan Parties”), Bank of America, N.A., as Administrative Agent and Collateral Agent (in such capacity, the “Agent”), Bank of America, N.A. Australia Branch as Australian
Security Trustee, Bank of America, N.A. London Branch as European Security Trustee, and the Lenders. Capitalized terms used but not defined herein have the meanings assigned in the Amended and Restated Loan Agreement. 

Each of the undersigned hereby certifies to the Agent as follows: 

1. Names. (a) The exact legal name of each Loan Party, as such name appears in its respective certificate of incorporation or
formation (or equivalent), is as set forth on Schedule 1. 
 (b) To our knowledge, Schedule 1 contains a list of
all other names (including trade names or similar appellations) used by each Loan Party or any of its divisions or other business units in connection with the conduct of its business or the ownership of its properties at any time during the past
five years (including any name used by any other business or organization to which any Loan Party became the successor by merger, consolidation, acquisition, change in form or otherwise (such business or organization, the “Acquired
Entity”)). 
 (c) Set forth on Schedule 1 is the Organizational Identification Number, corporate access
number, company’s registration number or other jurisdiction specific identifying number, if any, issued by the relevant regulatory authority or governmental body in jurisdiction of organization or incorporation of each Loan Party. 

(d) Set forth on Schedule 1 is the federal or other jurisdiction appropriate taxpayer identification number of each Loan
Party, if any. 

 (e) Except as set forth on Schedule 1, no Loan Party has changed its
jurisdiction of organization or incorporation at any time during the past twelve months. 
 2. Current Locations.
(a) The chief executive office, the principal place of business, the registered head office and location of books and records of each Loan Party, as applicable, is located at the address set forth opposite its name on Schedule 2. Except as set
forth on Schedule 2, no Loan Party has changed the location of its chief executive office, principal place of business, registered head office or location of books and records at any time during the past five years. 

(a) The jurisdiction of organization or incorporation of each Loan Party is set forth opposite its name on Schedule 2.

 (b) The jurisdiction of organization or incorporation of each Acquired Entity is set forth opposite such
Acquired Entity’s name on Schedule 2. 
 (c) Set forth opposite the name of each Loan Party on Schedule 2(c)
are (i) the names and addresses of all Persons, such as lessees, consignees, warehousemen or purchasers, that have possession of any tangible Collateral having an aggregate value in excess of $1,000,000 in respect of a U.S. Borrower and
$500,000 in respect of a Foreign Borrower and (ii) all locations where records of Accounts and Inventory of any Loan Party are maintained. 
 3. Unusual Transactions. Except as described on Schedule 3, all Accounts have been originated by the Loan Party and all Inventory has been acquired by the Loan Party in the ordinary course of
business (other than Accounts acquired in connection with a business acquisition). 
 4. Schedule of Filings. Set forth
on Schedule 4 is the applicable registration or filing ministry (or other governmental or regulatory) office in the jurisdiction in which each Loan Party is organized or incorporated or maintains its chief executive office, principal place of
business or registered head office, as applicable. 
 5. Deposit Accounts and Securities Accounts. Attached hereto as
Schedule 5 is a schedule of all Deposit Accounts and Security Accounts maintained by each Loan Party, including the name of each institution where each such account is held, the name and account number of each such account and the name of each
entity that holds each account. 
 6. Specified Revolving Credit Collateral. Attached hereto as Schedule 6 is a list of
all Commercial Tort Claims, Chattel Paper, Instruments (other than checks to be deposited in the ordinary course of business), Letter of Credit Rights and Investment Property, in each case relating to Accounts or Inventory. 

 7. Equity Interests. Set forth on Schedule 7 is a list of the
wholly owned subsidiaries owned by each Foreign Borrower and the intercompany debt instruments held by each Foreign Borrower, and, to the extent the equity interests of any entity listed on such schedule are required to be pledged pursuant to the
Amended and Restated Loan Agreement, the certificate numbers (or equivalent), if any, representing such equity
interests.43 

[Signature Page Follows] 

 

	43 	 Note: all intercompany debt over $10,000,000 must be evidenced by a pledged instrument. 

 IN WITNESS WHEREOF, we have hereunto signed this Perfection Certificate as of the date
first written above. 
  

			
	[                           
     ]
		
	By:	 	 
		 	 Name:

Title:

 EXHIBIT H-1 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF AUSTRALIAN CLOSING CERTIFICATE 
 March 27, 2012 
 Reference is made to that certain Amended and Restated Loan,
Security and Guarantee Agreement dated as of the date hereof (the “Amended and Restated Loan Agreement”), among MCJUNKIN RED MAN CORPORATION, a Delaware corporation, GREENBRIER PETROLEUM CORPORATION, a West Virginia
corporation, MCJUNKIN RED MAN DEVELOPMENT CORPORATION, a Delaware corporation, MIDWAY – TRISTATE CORPORATION, a New York corporation, MILTON OIL & GAS COMPANY, a West Virginia corporation, MRC MANAGEMENT
COMPANY, a Delaware corporation, RUFFNER REALTY COMPANY, a West Virginia corporation, THE SOUTH TEXAS SUPPLY COMPANY, INC., a Texas corporation, MRC TRANSMARK PTY LTD, a company incorporated under the laws of Australia,
MRC SPF PTY LTD., a company incorporated under the laws of Australia, MRC TRANSMARK NV, a limited liability company organized under the laws of Belgium, MIDFIELD SUPPLY ULC, an unlimited liability corporation organized under the
laws of Alberta, Canada, MRC TRANSMARK B.V., a limited company organized under the laws of Netherlands, MRC TRANSMARK INTERNATIONAL B.V., a limited company organized under the laws of Netherlands, MRC TRANSMARK HOLDINGS UK
LIMITED., a company incorporated in England and Wales with company number 05436123, MRC TRANSMARK LIMITED, a company incorporated in England and Wales with company number 03471259, MRC TRANSMARK (DRAGON) LIMITED, a company
incorporated in England and Wales with company number 03797606, MRC SPF SCANFIT LIMITED, a company incorporated in England and Wales with company number 02299105, the Persons party thereto as Guarantors (as defined therein), BANK OF
AMERICA, N.A., as Administrative Agent and Collateral Agent, and the Lenders. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Amended and Restated Loan Agreement. 

1. The undersigned [            ], a
[            ] of [            ] (the “Certifying Loan Party”), hereby certifies, on behalf of the
Certifying Loan Party, as follows: 
 (a) (i) The representations and warranties made by the Certifying Loan Party in each of
the Loan Documents, in each case as they relate to the Certifying Loan Party on the Closing Date, are true and correct in all material respects (or, with respect to representations and warranties qualified by materiality, in all respects) on and as
of the date hereof and (ii) no Default or Event of Default has occurred and is continuing as of the date hereof; and 
 (b)
[Except as described on Schedule 1 hereto, no] [No] consents, licenses or approvals from any Governmental Authority or other third-party are required or appropriate to be obtained in connection with the execution, delivery and performance by
and the validity against the Certifying Loan Party of the Loan Documents to which it is a party. 

 2. The undersigned
[            ] of the Certifying Loan Party hereby certifies, on behalf of the Certifying Loan Party, as follows: 

(a) There are no liquidation or dissolution proceedings pending or to my knowledge threatened against the Certifying Loan Party, nor to
my knowledge has any other event occurred affecting or threatening the corporate existence of the Certifying Loan Party; 
 (b)
The Certifying Loan Party is a company duly incorporated under the laws of the Commonwealth of Australia; 
 (c) Attached hereto
as Exhibit A is a complete and correct copy of an extract of board minutes of the Board of Directors of the Certifying Loan Party on or before the date hereof approving and authorizing (i) the execution, delivery and performance of the
Loan Documents (and any agreements relating thereto) to which it is a party and (ii) the extensions of credit contemplated by the Amended and Restated Loan Agreement; the extracts or relevant resolutions have not in any way been amended,
modified, revoked or rescinded and have been in full force and effect since their adoption to and including the date hereof and are now in full force and effect; and such resolutions are the only corporate proceedings of the Certifying Loan Party
now in force relating to or affecting the matters referred to therein; 
 (d) Attached hereto as Exhibit B is a true and
complete copy of the certificate of registration [together with certificates of registration on change of name] of the Certifying Loan Party, as in effect at all times since the date shown on the attached certificate of registration; 

(e) Attached hereto as Exhibit C is a true and complete copy of the constitution of the Certifying Loan Party as in effect on and
including the date hereof; 
 (f) Attached hereto as Exhibit D is a complete and correct copy of the extracts of
shareholder resolutions duly signed by the sole shareholder of the Certifying Loan Party resolving to approve the Certifying Loan Party’s entry into and execution of the Loan Documents; 

(g) Attached hereto as Exhibit E is a true and complete copy of the constitution of
[            ] as in effect on and including the date hereof; and 
 (h) The following persons are now duly elected and qualified officers of the Certifying Loan Party holding the offices indicated next to their respective names below, and the signatures appearing opposite
their respective names below are the true and genuine signatures of such officers, and each of such officers is duly authorized to execute and deliver on behalf of the Certifying Loan Party each Loan Document to which it is a party and any
certificate or other document to be delivered by the Certifying Loan Party pursuant to such Loan Documents. 
  

					
	 Name
	  	 Office
	  	 Signature

			
		  		  	 

 IN WITNESS WHEREOF, the undersigned have hereto set their names as of the date first
written above. 
  
  

			
	 
	Name:	 	 
	Title:	 	 

 EXHIBIT H-2 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF BELGIAN CLOSING CERTIFICATE 
 March 27, 2012 
 Reference is made to that certain Amended and Restated Loan,
Security and Guarantee Agreement dated as of the date hereof (the “Amended and Restated Loan Agreement”), among MCJUNKIN RED MAN CORPORATION, a Delaware corporation, GREENBRIER PETROLEUM CORPORATION, a West Virginia
corporation, MCJUNKIN RED MAN DEVELOPMENT CORPORATION, a Delaware corporation, MIDWAY – TRISTATE CORPORATION, a New York corporation, MILTON OIL & GAS COMPANY, a West Virginia corporation, MRC MANAGEMENT
COMPANY, a Delaware corporation, RUFFNER REALTY COMPANY, a West Virginia corporation, THE SOUTH TEXAS SUPPLY COMPANY, INC., a Texas corporation, MRC TRANSMARK PTY LTD, a company incorporated under the laws of Australia,
MRC SPF PTY LTD., a company incorporated under the laws of Australia, MRC TRANSMARK NV, a limited liability company organized under the laws of Belgium, MIDFIELD SUPPLY ULC, an unlimited liability corporation organized under the
laws of Alberta, Canada, MRC TRANSMARK B.V., a limited company organized under the laws of Netherlands, MRC TRANSMARK INTERNATIONAL B.V., a limited company organized under the laws of Netherlands, MRC TRANSMARK HOLDINGS UK
LIMITED., a company incorporated in England and Wales with company number 05436123, MRC TRANSMARK LIMITED, a company incorporated in England and Wales with company number 03471259, MRC TRANSMARK (DRAGON) LIMITED, a company
incorporated in England and Wales with company number 03797606, MRC SPF SCANFIT LIMITED, a company incorporated in England and Wales with company number 02299105, the Persons party thereto as Guarantors (as defined therein), BANK OF
AMERICA, N.A., as Administrative Agent and Collateral Agent, and the Lenders. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Amended and Restated Loan Agreement. 

1. The undersigned [            ], the permanent representative of
[            ], [            ] of [            ]
(the “Certifying Loan Party”), hereby certifies as follows: 
 (a) (i) The representations and warranties made
by the Certifying Loan Party in each of the Loan Documents, in each case as they relate to the Certifying Loan Party on the Closing Date, are true and correct in all material respects (or, with respect to representations and warranties qualified by
materiality, in all respects) on and as of the date hereof and (ii) no Default or Event of Default has occurred and is continuing as of the date hereof; and 
 (b) No consents, licenses or approvals from any Governmental Authority or other third-party are required or appropriate to be obtained in connection with the execution, delivery and performance by and the
validity against the Certifying Loan Party of the Loan Documents to which it is a party. 

 2. The undersigned
[            ] of the Certifying Loan Party hereby certifies as follows: 
 (a) There are no liquidation or dissolution proceedings pending or to my knowledge threatened against the Certifying Loan Party, nor to my knowledge has any other event occurred affecting or threatening
the corporate existence of the Certifying Loan Party; 
 (b) The Certifying Loan Party is a company duly incorporated under the
laws of Belgium; 
 (c) Attached hereto as Exhibit A is a complete and correct copy of the resolutions duly adopted by
the Board of Directors (or a duly authorized committee thereof) of the Certifying Loan Party on or before the date hereof approving and authorizing (i) the execution, delivery and performance of the Loan Documents (and any agreements relating
thereto) to which it is a party and (ii) the extensions of credit contemplated by the Amended and Restated Loan Agreement; such resolutions have not in any way been amended, modified, revoked or rescinded and have been in full force and effect
since their adoption to and including the date hereof and are now in full force and effect; and such resolutions are the only corporate proceedings of the Certifying Loan Party now in force relating to or affecting the matters referred to therein;

 (d) Attached hereto as Exhibit B is a true and complete copy of the articles of association of the Certifying Loan
Party as in effect at all times since the adoption thereof to and including the date hereof; 
 (e) Attached hereto as
Exhibit C is a true and complete copy of the resolutions signed by all the holders of the issued shares in the Certifying Loan Party, adopted in accordance with clause 556 of the Belgian Company Code, approving the terms of, and the
transactions contemplated by, the Transaction Documents to which the Certifying Loan Party is a party; 
 (f) Attached hereto as
Exhibit D are true and complete copies of the Certificate of Non-Insolvency of the Certifying Loan Party issued by the Commercial Court of Antwerp and the KBO-Certificate, which are in effect to and including the date hereof; and 

(g) The following persons are now duly elected and qualified officers of the Certifying Loan Party holding the offices indicated next to
their respective names below, and the signatures appearing opposite their respective names below are the true and genuine signatures of such officers, and each of such officers is duly authorized to execute and deliver on behalf of the Certifying
Loan Party each Loan Document to which it is a party and any certificate or other document to be delivered by the Certifying Loan Party pursuant to such Loan Documents. 

 

					
	 Name
	  	 Office
	  	 Signature

			
	  	  	 	  	  

			
	  	  	 	  	  

 IN WITNESS WHEREOF, the undersigned have hereto set their names as of the date first
written above. 
  

			
	 
	Name:	 	 
	Title:	 	 

 EXHIBIT H-3 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF CANADIAN CLOSING CERTIFICATE 
  

			
	TO:	  	Bank of America, N.A.
		
		  	and such other financial institutions and other persons as may be Secured Parties under the Credit Agreement hereinafter defined (collectively, the “Secured
Parties” and, individually, a “Secured Party”)
		
	AND TO:	  	Bank of America, N.A., in its capacity as agent of the Secured Parties (the “Agent”)
		
	AND TO:	  	McCarthy Tétrault LLP
		
	RE:	  	Amended and restated loan, security and guarantee agreement (as the same may be further amended, restated, supplemented or otherwise modified from time to time, the
“Credit Agreement”) dated as of the date hereof among, inter alia, McJunkin Red Man Corporation and others as, U.S. borrowers, MRC Transmark Pty Ltd and MRC SPF Pty Ltd., as Australian borrowers, MRC Transmark NV, as Belgium
borrower, MRC Transmark B.V. and MRC Transmark International B.V., as Dutch borrowers, MRC Transmark Holdings UK Limited and others, as U.K. borrowers, and Midfield Supply ULC (the “Borrower”), as Canadian Borrower, the Lenders, the
Agent and the guarantors party thereto.

  
  

The undersigned, [            ], the
[            ] of the Borrower, hereby certifies, on behalf of the Borrower as follows: 
  

	1.	Capitalized terms used and not expressly defined herein shall have the same respective meanings as are ascribed thereto in the Credit Agreement.

  

	2.	I have made or have caused to be made such examinations or investigations as are necessary to make the statements below, and I have furnished this certificate with the
intent that it may be relied upon as a basis for the consummation of the transactions contemplated in the Credit Agreement. 

	3.	Attached hereto as Exhibit A is a true and complete copy of the articles of the Borrower (and all amendments made thereto to the date hereof), which articles are
in full force and effect and no proceedings have been taken or are pending to amend, surrender or cancel them. 

  

	4.	Attached hereto as Exhibit B is a true and complete copy of the by-laws of the Borrower (and all amendments made thereto to the date hereof), which by-laws are
in full force and effect, without any modification or amendment thereto, and no proceedings have been taken or are pending to amend, supplement or repeal them. 

 

	5.	Attached hereto as Exhibit C is a complete and correct copy of the resolutions duly adopted by the Board of Directors (or a duly authorized committee thereof) of
the Borrower on or before the date hereof approving and authorizing (i) the execution, delivery and performance of the Loan Documents (and any agreements relating thereto) to which it is a party entered into in connection with the Credit
Agreement and (ii) the extensions of credit contemplated by the Credit Agreement; such resolutions have not in any way been amended, modified, revoked or rescinded and have been in full force and effect since their adoption to and including the
date hereof and are now in full force and effect; and such resolutions are the only corporate proceedings of the Borrower now in force relating to or affecting the matters referred to therein; 

 

	6.	The following persons are now duly elected and qualified officers of the Borrower holding the offices indicated next to their respective names below, and the signatures
appearing opposite their respective names below are the true and genuine signatures of such officers, and each of such officers is duly authorized to execute and deliver on behalf of the Borrower each Loan Document to which it is a party and any
certificate or other document to be delivered by the Borrower pursuant to such Loan Documents. 

  

					
	 Name
	  	 Office
	  	 Signature

	 •    
	  	 •    
	  	
		  		  	  

	 •    
	  	 •    
	  	
		  		  	  

  

	7.	Attached hereto as Exhibit D is a true and complete copy of a shareholder agreement and all amendments thereto (the “Shareholder Agreement”) in
respect of the Borrower which shareholder agreement is in full force and effect, without any further modification or amendment thereto, and no proceedings have been taken or are pending to amend, supplement or cancel it. No shareholder declaration
or other shareholder agreement or instrument has been executed, delivered or entered into which restricts, in any manner whatsoever, the powers and authority of the directors of the Borrower provided for in the Business Corporations Act
(Alberta). 

	8.	The Borrower has not taken any steps to terminate its existence, to surrender or cancel its articles, to amalgamate, to continue in any other jurisdiction or to change
its corporate existence in any way. The Borrower has not received any notice or other communication from any person or Governmental Authority indicating that there exists any situation which, unless remedied, could result in the dissolution or
termination of the existence of the Borrower. 

  

	9.	The execution, delivery and performance by the Borrower of the Credit Agreement and the Loan Documents to which it is a party does not: 

 

	 	(a)	contravene any order, judgment, injunction, award or decree affecting the Borrower or its properties, assets and undertakings; 

 

	 	(b)	contravene or result in a breach of or a default under the terms, conditions or provisions of any agreement, instrument or indenture to which the Borrower is a party
(including, without limitation to the Shareholder Agreement); or 

  

	 	(c)	result in the creation of, or the obligation to create, any Lien in or with respect to any of the property, assets or undertakings of the Borrower pursuant to any
agreement, instrument or indenture to which it is a party. 

  

	10.	As at the date hereof: 

  

	 	(a)	there are no actions, suits, proceedings, litigation or investigations pending or threatened against or affecting the Borrower before or by any Governmental Authority
which (i) could reasonably be expected to have a Material Adverse Effect or impair the Borrower’s ability to perform its obligations under the Credit Agreement or (ii) could reasonably be expected to materially and adversely affect
the Credit Agreement, the Obligations or the transactions contemplated by the Credit Agreement; and 

  

	 	(b)	the Borrower is not in default of or has failed to satisfy the terms of any judgment or order binding upon it of any Governmental Authority. 

 

	11.	As of the date hereof, and after giving effect to the Loans and the transactions under the Credit Agreement and the other Loan Documents: 

 

	 	(a)	the Borrower is Solvent; 

  

	 	(b)	no Default or Event of Default has occurred and is continuing as of the date hereof; 

 

	 	(c)	the representations and warranties made by the Borrower in each of the Loan Documents, in each case as they relate to the Borrower on the Closing Date, are true and
correct in all material respects (or, with respect to representations and warranties qualified by materiality, in all respects) on and as of the date hereof; and 

	 	(d)	the Borrower has complied with all agreements and conditions to be satisfied by in under the Loan Documents to which it is a party. 

 

	12.	No consents, licenses or approvals are required or appropriate to be obtained from any Governmental Authority or other third-party in connection with the execution,
delivery and performance by and the validity against the Borrower of the Loan Documents to which it is a party. 

  

	13.	The chief executive office of the Borrower is located in the Province of Alberta. 

 

	14.	The share register of the Borrower contained in the minute books of the Borrower is true, correct and complete. 

[the remainder of this page has been intentionally left blank] 

 I give this certificate on behalf of the Borrower, and in my capacity as an officer of the
Borrower and no personal liability is assumed by or in respect of the giving of this certificate. 
 DATED as of March 27,
2012. 
  

	
	  
	Name:
	Title:

 EXHIBIT H-4 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF DUTCH CLOSING CERTIFICATE 
 March 27, 2012 
 Reference is made to that certain Amended and Restated Loan,
Security and Guarantee Agreement dated as of the date hereof (the “Amended and Restated Loan Agreement”), among MCJUNKIN RED MAN CORPORATION, a Delaware corporation, GREENBRIER PETROLEUM CORPORATION, a West Virginia
corporation, MCJUNKIN RED MAN DEVELOPMENT CORPORATION, a Delaware corporation, MIDWAY – TRISTATE CORPORATION, a New York corporation, MILTON OIL & GAS COMPANY, a West Virginia corporation, MRC MANAGEMENT
COMPANY, a Delaware corporation, RUFFNER REALTY COMPANY, a West Virginia corporation, THE SOUTH TEXAS SUPPLY COMPANY, INC., a Texas corporation, MRC TRANSMARK PTY LTD, a company incorporated under the laws of Australia,
MRC SPF PTY LTD., a company incorporated under the laws of Australia, MRC TRANSMARK NV, a limited liability company organized under the laws of Belgium, MIDFIELD SUPPLY ULC, an unlimited liability corporation organized under the
laws of Alberta, Canada, MRC TRANSMARK B.V., a limited liability company organized under the laws of Netherlands and registered with the commercial register of the Chamber of Commerce (Kamer van Koophandel) for Gooi-, Eem- en Flevoland
under number 3905435, MRC TRANSMARK INTERNATIONAL B.V., a limited liability company organized under the laws of Netherlands registered with the commercial register of the Chamber of Commerce (Kamer van Koophandel) for Gooi-, Eem- en
Flevoland under number 52673669, MRC TRANSMARK HOLDINGS UK LIMITED., a company incorporated in England and Wales with company number 05436123, MRC TRANSMARK LIMITED, a company incorporated in England and Wales with company number
03471259, MRC TRANSMARK (DRAGON) LIMITED, a company incorporated in England and Wales with company number 03797606, MRC SPF SCANFIT LIMITED, a company incorporated in England and Wales with company number 02299105, the Persons party
thereto as Guarantors (as defined therein), BANK OF AMERICA, N.A., as Administrative Agent and Collateral Agent, and the Lenders. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Amended and
Restated Loan Agreement. 
 1. The undersigned
[            ], director of [            ], as the corporate director of
[            ] (the “Certifying Loan Party”), hereby certifies (without personal liability) as follows: 

(a) (i) The representations and warranties made by the Certifying Loan Party in each of the Loan Documents, in each case as they relate
to the Certifying Loan Party on the Closing Date, are true and correct in all material respects (or, with respect to representations and warranties qualified by materiality, in all respects) on and as of the date hereof and (ii) no Default or
Event of Default has occurred and is continuing as of the date hereof; and 

 (b) No consents, licenses or approvals from any Governmental Authority or other third-party
are required or appropriate to be obtained in connection with the execution, delivery and performance by and the validity against the Certifying Loan Party of the Loan Documents to which it is a party. 

2. The undersigned director of
[                    ], as the corporate director of the Certifying Loan Party hereby certifies (without personal liability) as follows:

 (a) There are no liquidation or dissolution proceedings pending or to my knowledge threatened against the Certifying Loan
Party, nor to my knowledge has any other event occurred affecting or threatening the corporate existence of the Certifying Loan Party; 
 (b) The Certifying Loan Party is a corporation duly organized and existing under the laws of the Netherlands; 
 (c) Attached hereto as Exhibit A is a complete and correct copy of the resolutions duly adopted by the Board of Directors (or a duly authorized committee thereof) of the Certifying Loan Party on or
before the date hereof approving and authorizing (i) the execution, delivery and performance of the Loan Documents (and any agreements relating thereto) to which it is a party and (ii) the extensions of credit contemplated by the Amended
and Restated Loan Agreement; such resolutions have not in any way been amended, modified, revoked or rescinded and have been in full force and effect since their adoption to and including the date hereof and are now in full force and effect; and
such resolutions are the only corporate proceedings of the Certifying Loan Party now in force relating to or affecting the matters referred to therein; 
 (d) Attached hereto as Exhibit B is a true and complete copy of the deed of incorporation of the Certifying Loan Party, as in effect at all times since the date shown on the attached deed of
incorporation; 
 (e) Attached hereto as Exhibit C is a true and complete copy of the articles of association of the
Certifying Loan Party as in effect on and including the date hereof; 
 (f) Attached hereto as Exhibit D is a complete
and correct copy of the resolutions duly signed by the shareholder of the Certifying Loan Party resolving to approve the Certifying Loan Party’s entry into and execution of the Loan Documents; 

(g) Attached hereto as Exhibit E is a complete and correct copy of the Certifying Loan Party’s excerpt from the commercial
register of the Chamber of Commerce; and 
 (h) The following persons are authorised to sign, on behalf of the Certifying Loan
Party, holding the offices indicated next to their respective names below, and the signatures appearing opposite their respective names below are the true and genuine signatures of such officers, and each of such officers is duly authorized to
execute and deliver on behalf of the Certifying Loan Party each Loan Document to which it is a party and any certificate or other document to be delivered by the Certifying Loan Party pursuant to such Loan Documents. 

					
	 Name
	  	 Office
	  	 Signature

			
		  		  	 
			
		  		  	 

 IN WITNESS WHEREOF, the undersigned has hereto set his name as of the date first written
above. 
  

			
	 
	Name:	 	 
	Title:	 	 

 EXHIBIT H-5 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF UK CLOSING CERTIFICATE 
 March 27, 2012 
 Reference is made to that certain Amended and Restated Loan,
Security and Guarantee Agreement dated as of the date hereof (the “Amended and Restated Loan Agreement”), among MCJUNKIN RED MAN CORPORATION, a Delaware corporation, GREENBRIER PETROLEUM CORPORATION, a West Virginia
corporation, MCJUNKIN RED MAN DEVELOPMENT CORPORATION, a Delaware corporation, MIDWAY – TRISTATE CORPORATION, a New York corporation, MILTON OIL & GAS COMPANY, a West Virginia corporation, MRC MANAGEMENT
COMPANY, a Delaware corporation, RUFFNER REALTY COMPANY, a West Virginia corporation, THE SOUTH TEXAS SUPPLY COMPANY, INC., a Texas corporation, MRC TRANSMARK PTY LTD, a company incorporated under the laws of Australia,
MRC SPF PTY LTD., a company incorporated under the laws of Australia, MRC TRANSMARK NV, a limited liability company organized under the laws of Belgium, MIDFIELD SUPPLY ULC, an unlimited liability corporation organized under the
laws of Alberta, Canada, MRC TRANSMARK B.V., a limited company organized under the laws of Netherlands, MRC TRANSMARK INTERNATIONAL B.V., a limited company organized under the laws of Netherlands, MRC TRANSMARK HOLDINGS UK
LIMITED., a company incorporated in England and Wales with company number 05436123, MRC TRANSMARK LIMITED, a company incorporated in England and Wales with company number 03471259, MRC TRANSMARK (DRAGON) LIMITED, a company
incorporated in England and Wales with company number 03797606, MRC SPF SCANFIT LIMITED, a company incorporated in England and Wales with company number 02299105, the Persons party thereto as Guarantors (as defined therein), BANK OF
AMERICA, N.A., as Administrative Agent and Collateral Agent, and the Lenders. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Amended and Restated Loan Agreement. 

1. The undersigned [                ], a
[                ] of [                    ] (the
“Certifying Loan Party”), hereby certifies as follows: 
 (a) (i) The representations and warranties made by
the Certifying Loan Party in each of the Loan Documents, in each case as they relate to the Certifying Loan Party on the Closing Date, are true and correct in all material respects (or, with respect to representations and warranties qualified by
materiality, in all respects) on and as of the date hereof and (ii) no Default or Event of Default has occurred and is continuing as of the date hereof; and 
 (b) No consents, licenses or approvals from any Governmental Authority or other third-party are required or appropriate to be obtained in connection with the execution, delivery and performance by and the
validity against the Certifying Loan Party of the Loan Documents to which it is a party. 

 2. The undersigned
[            ] of the Certifying Loan Party hereby certifies as follows: 
 (a) There are no liquidation or dissolution proceedings pending or to my knowledge threatened against the Certifying Loan Party, nor to my knowledge has any other event occurred affecting or threatening
the corporate existence of the Certifying Loan Party; 
 (b) The Certifying Loan Party is a company duly incorporated under the
law of England and Wales; 
 (c) Attached hereto as Exhibit A is a complete and correct copy of the resolutions duly
adopted by the Board of Directors (or a duly authorized committee thereof) of the Certifying Loan Party on or before the date hereof approving and authorizing (i) the execution, delivery and performance of the Loan Documents (and any agreements
relating thereto) to which it is a party and (ii) the extensions of credit contemplated by the Amended and Restated Loan Agreement; such resolutions have not in any way been amended, modified, revoked or rescinded and have been in full force
and effect since their adoption to and including the date hereof and are now in full force and effect; and such resolutions are the only corporate proceedings of the Certifying Loan Party now in force relating to or affecting the matters referred to
therein; 
 (d) Attached hereto as Exhibit B is a true and complete copy of the certificate of incorporation [together
with certificates of incorporation on change of name] of the Certifying Loan Party as of a recent date, as in effect at all times since the date shown on the attached certificate of incorporation; 

(e) Attached hereto as Exhibit C is a true and complete copy of the [memorandum and articles of association] of the Certifying
Loan Party as in effect on and including the date hereof; 
 (f) Attached hereto as Exhibit D is a complete and correct
copy of the resolutions duly signed by the shareholder of the Certifying Loan Party resolving to approve the Certifying Loan Party’s entry into and execution of the Loan Documents; and 

(g) The following persons are now duly elected and qualified officers of the Certifying Loan Party holding the offices indicated next to
their respective names below, and the signatures appearing opposite their respective names below are the true and genuine signatures of such officers, and each of such officers is duly authorized to execute and deliver on behalf of the Certifying
Loan Party each Loan Document to which it is a party and any certificate or other document to be delivered by the Certifying Loan Party pursuant to such Loan Documents. 

 

									
	 Name
	 	  	  	 Office
	 	  	  	 Signature

					
	 	 		  	 	 		  	 
					
	 	 		  	 	 		  	 

 IN WITNESS WHEREOF, the undersigned have hereto set their names as of the date first
written above. 
  

			
	 
	Name:	 	 
	Title:	 	 

 EXHIBIT H-6 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF U.S. CLOSING CERTIFICATE 
 March 27, 2012 
 Reference is made to that certain Amended and Restated Loan,
Security and Guarantee Agreement dated as of the date hereof (the “Loan Agreement”), among MCJUNKIN RED MAN CORPORATION, a Delaware corporation, GREENBRIER PETROLEUM CORPORATION, a West Virginia corporation,
MCJUNKIN RED MAN DEVELOPMENT CORPORATION, a Delaware corporation, MIDWAY – TRISTATE CORPORATION, a New York corporation, MILTON OIL & GAS COMPANY, a West Virginia corporation, MRC MANAGEMENT COMPANY, a
Delaware corporation, RUFFNER REALTY COMPANY, a West Virginia corporation, THE SOUTH TEXAS SUPPLY COMPANY, INC., a Texas corporation, MRC TRANSMARK PTY LTD, a company incorporated under the laws of the Commonwealth of Australia,
MRC SPF PTY LTD., a company incorporated under the laws of the Commonwealth of Australia, MRC TRANSMARK NV, a limited liability company organized under the laws of Belgium, MIDFIELD SUPPLY ULC, an unlimited liability corporation
organized under the laws of Alberta, Canada, MRC TRANSMARK B.V., a limited company organized under the laws of Netherlands, MRC TRANSMARK INTERNATIONAL B.V., a limited company organized under the laws of Netherlands, MRC TRANSMARK
HOLDINGS UK LIMITED, a company incorporated in England and Wales with company number 05436123, MRC TRANSMARK LIMITED, a company incorporated in England and Wales with company number 03471259, MRC TRANSMARK (DRAGON) LIMITED, a
company incorporated in England and Wales with company number 03797606, MRC SPF SCANFIT LIMITED, a company incorporated in England and Wales with company number 02299105, the Persons party thereto as Guarantors (as defined therein), BANK
OF AMERICA, N.A., as administrative agent and collateral agent, and the Lenders. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Loan Agreement. 

1. The undersigned,
[                    ]44 of the [certifying Loan Party] (the “Certifying Loan Party”) hereby certifies as follows: 

(a) (i) The representations and warranties made by the Certifying Loan Party in each of the Loan Documents, in each case as they relate
to the Certifying Loan Party on the Closing Date, are true and correct in all material respects (or, with respect to representations and warranties qualified by materiality, in all respects) on and as of the date hereof and (ii) no Default or
Event of Default has occurred and is continuing as of the date hereof; 
 (b) [Except as attached as
Schedule 1, no] [No] consents, licenses and approvals from any Governmental Authority or other third-party are required or appropriate to be obtained in connection with the execution, delivery and performance by and the validity against the
Certifying Loan Party of the Loan Documents to which it is a party. [Each of the consents, licenses and approvals attached as Schedule 1 is in full force and effect.]; [and]45 
  

 

	44	 Certifying officer
must be a Senior Officer. 

	45	 Bracketed
paragraphs (c) and (d) to be included in the Closing Certificate for McJunkin Red Man Corporation only. 

 (c) [Upon giving effect to the initial funding of Loans and issuance of Letters of Credit,
and the payment by the Borrowers of all fees and expenses incurred in connection therewith and due on the Closing Date, as well as the amount of any payables stretched beyond their customary payment practices, Excess Availability will be at least
$300,000,000 as demonstrated on Exhibit E attached hereto. 
 (d) Based on my review of the Historical Financial
Statements, the financial projections of the Borrowers and the other financial information provided by the Borrowers to Agent, including the Confidential Information Memorandum, I have concluded that after giving effect to the consummation of the
transactions contemplated by the Loan Agreement, the Borrowers and the Guarantors, taken as a whole, are Solvent; and] 
 (e)
[                    ] is the duly elected and qualified [President/Vice President/Secretary/Assistant Secretary] of the Certifying Loan Party
and the signature set forth on the signature line for such officer below is such officer’s true and genuine signature, and such officer is duly authorized to execute and deliver on behalf of the Certifying Loan Party each Loan Document to which
the Certifying Loan Party is a party and any certificate or other document to be delivered by the Certifying Loan Party pursuant to such Loan Documents; 
 The undersigned [President/Vice President/Secretary/Assistant Secretary] of the Certifying Loan Party hereby certifies as follows: 
 (a) There are no liquidation or dissolution proceedings pending or to my knowledge threatened against the Certifying Loan Party, nor to my knowledge has any other event occurred affecting or threatening
the corporate existence of the Certifying Loan Party; 
 (b) The Certifying Loan Party is a corporation duly organized, validly
existing and in good standing under the laws of the State of [                    ]; 

(c) Attached hereto as Exhibit A is a complete and correct copy of the resolutions duly adopted by the Board of Directors (or a
duly authorized committee thereof) of the Certifying Loan Party on or before the date hereof approving and authorizing (i) the execution, delivery and performance of the Loan Documents (and any agreements relating thereto) to which it is a
party and (ii) the extensions of credit contemplated by the Loan Agreement; such resolutions have not in any way been amended, modified, revoked or rescinded and have been in full force and effect since their adoption to and including the date
hereof and are now in full force and effect; and such resolutions are the only corporate proceedings of the Certifying Loan Party now in force relating to or affecting the matters referred to therein; 

 (d) Attached hereto as Exhibit B is a true and complete copy of the certificate of
incorporation of the Certifying Loan Party certified by the Secretary of State the State of [                    ] as of a recent date, as in
effect at all times since the date shown on the attached certificate of incorporation; 
 (e) Attached hereto as Exhibit
C is a true and complete copy of the by-laws of the Certifying Loan Party as in effect at all times since the adoption thereof to and including the date hereof; 
 (f) Attached hereto as Exhibit D is the [Certificate of Good Standing] [insert similar instrument] of the Certifying Loan Party issued by the Secretary of State of the State of
[                    ]; and 
 (g) The following persons are now duly elected and qualified officers of the Certifying Loan Party holding the offices indicated next to their respective names below, and the signatures appearing opposite
their respective names below are the true and genuine signatures of such officers, and each of such officers is duly authorized to execute and deliver on behalf of the Certifying Loan Party each Loan Document to which it is a party and any
certificate or other document to be delivered by the Certifying Loan Party pursuant to such Loan Documents: 
  

					
	Name	  	Office	  	Signature
		  		  	 
		  		  	 

 [Signature Page Follows] 

 IN WITNESS WHEREOF, the undersigned have hereto set our names as of the date first written
above. 
  

					
			
	  	 		 	  
	Name:	 		 	Name:
	Title:	 		 	Title:

 EXHIBIT I 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF JOINDER AGREEMENT 
 This JOINDER AGREEMENT (this “Agreement”) dated as of                  ,
20    , is executed by the undersigned (the “New Loan Party”) for the benefit of BANK OF AMERICA, N.A., in its capacity as collateral agent and administrative agent for itself and the Secured Parties
(“Agent”), and the financial institutions from time to time party to the Loan Agreement (“Lenders”) under that certain Amended and Restated Loan, Security and Guarantee Agreement dated as of March 27, 2012 (as
the same may be amended, supplemented or otherwise modified from time to time, the “Loan Agreement”), among MCJUNKIN RED MAN CORPORATION, a Delaware corporation (“MRC”), GREENBRIER PETROLEUM CORPORATION, a West
Virginia corporation (“Greenbrier”), MCJUNKIN RED MAN DEVELOPMENT CORPORATION, a Delaware corporation (“McJunkin Development”), MIDWAY – TRISTATE CORPORATION, a New York corporation (“Midway”),
MILTON OIL & GAS COMPANY, a West Virginia corporation (“Milton”), MRC MANAGEMENT COMPANY, a Delaware corporation (“Management”), RUFFNER REALTY COMPANY, a West Virginia corporation
(“Ruffner”), and THE SOUTH TEXAS SUPPLY COMPANY, INC., a Texas corporation (“South Texas” and together with MRC, Greenbrier, McJunkin Development, Midway, Milton, Management and Ruffner, the “Initial U.S.
Borrowers”), MRC TRANSMARK PTY LTD, a company incorporated under the laws of the Commonwealth of Australia (“Transmark Australia”), and MRC SPF PTY LTD., a company incorporated under the laws of the Commonwealth of
Australia (“SPF Australia” and together with Transmark Australia, the “Initial Australian Borrowers”), MRC TRANSMARK NV, a limited liability company organized under the laws of Belgium (the “Initial Belgian
Borrower”), MIDFIELD SUPPLY ULC, an unlimited liability corporation organized under the laws of Alberta, Canada (the “Initial Canadian Borrower”), MRC TRANSMARK B.V., a limited company organized under the laws of the
Netherlands (“Transmark Netherlands”), and MRC TRANSMARK INTERNATIONAL B.V., a limited company organized under the laws of the Netherlands (“International Netherlands” and together with Transmark Netherlands, the
“Initial Dutch Borrowers”), MRC TRANSMARK HOLDINGS UK LIMITED, a company incorporated in England and Wales with company number 05436123 (“Holdings UK”), MRC TRANSMARK LIMITED, a company incorporated in England and
Wales with company number 03471259 (“Transmark UK”), MRC TRANSMARK (DRAGON) LIMITED, a company incorporated in England and Wales with company number 03797606 (“Dragon UK”), and MRC SPF SCANFIT LIMITED, a company
incorporated in England and Wales with company number 02299105 (“SPF UK” and together with Holdings UK, Transmark UK and Dragon UK, the “Initial UK Borrowers”; and collectively with any other UK Borrowers, any other
Australian Borrowers, any other Belgian Borrowers, any other Canadian Borrowers, any other Dutch Borrowers, any New Zealand Borrowers, any Singapore Borrowers and any other U.S. Borrowers, the “Borrowers” and each, a
“Borrower”), the Persons from time to time party to the Loan Agreement as Guarantors, the financial institutions party to the Loan Agreement from time to time as lenders (collectively, “Lenders”), and BANK OF
AMERICA, N.A., a national banking association, in its capacity as collateral agent and administrative agent for itself and the other Secured Parties (together with any successor agent appointed pursuant to Section 12.10 of the Loan Agreement,
the “Agent”). Capitalized terms used but not defined herein shall have the meanings given to such terms in the Loan Agreement. 

 WHEREAS, the Borrowers, the Lenders, and the Agent have entered into the Loan Agreement in
order to induce the Lenders to make the Loans and the Fronting Banks to issue Letters of Credit to or for the benefit of the Borrowers. 
 WHEREAS, the New Loan Party is a Subsidiary of a Borrower and is either required or has agreed to execute this Agreement pursuant Section 10.1.13 of the Loan Agreement. 

NOW THEREFORE, in consideration of the premises and other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the New Loan Party hereby agrees as follows: 
 1. By its execution of this Agreement,
the New Loan Party shall be deemed to be a party to the Loan Agreement and shall have all of the rights and obligations of a [“U.S. Borrower” and “U.S. Facility Guarantor”] / [“U.S. Facility Guarantor”] /
[“[Australian / Belgian / Canadian / Dutch / New Zealand / Singapore / UK] Borrower”] under the Loan Agreement and agrees that it is a [“U.S. Borrower” and “U.S. Facility Guarantor”] / [“U.S. Facility
Guarantor”] / [“[Australian / Belgian / Canadian / Dutch / New Zealand / Singapore / UK] Borrower”] and bound as a [“U.S. Borrower” and “U.S. Facility Guarantor”] / [“U.S. Facility Guarantor”] /
[“[Australian / Belgian / Canadian / Dutch / New Zealand / Singapore / UK] Borrower”] under the terms of the Loan Agreement as if it had been an original signatory thereto. The New Loan Party hereby ratifies, as of the date hereof, and
agrees to be bound by, all of the terms, provisions and conditions contained in the Loan Agreement. [In furtherance of the foregoing, the New Loan Party hereby assigns, pledges and grants to the Agent a security interest in all of its right, title
and interest in and to its Collateral [and Pledged Collateral]46 under the terms of the Loan Agreement.]47 
 2. Schedules [__] of the Loan Agreement are hereby amended to add the
information relating to the New Loan Party set out on Schedules [__] hereof. The New Loan Party hereby confirms that the representations and warranties set forth in the Loan Agreement applicable to it and its Collateral are true and correct in all
material respects as of the date hereof after giving effect to such amendment to the Schedules. The New Loan Party agrees that any phrase stating “as of the date hereof”, or any similar phrase in its representations and warranties set
forth in the Loan Agreement, shall mean “as of the date of this Joinder Agreement”. 
 3. The New Loan Party hereby
confirms that [(a) it has delivered on or prior to the date hereof to the Agent and the relevant Security Trustee, (i) all Security Documents required pursuant to Section 10.1.13(a)(i)(B) of the Loan Agreement in the jurisdiction where the
New Loan Party is domiciled to grant a valid Lien in the New Loan Party’s Collateral to the Agent for the benefit of the applicable Secured Parties and (ii) any documentation reasonably required by 

 

	46	 Bracketed phrase
to be included only if the New Loan Party is joining as a Canadian Borrower. 

	47	 Bracketed phrase
to be included only if the New Loan Party is joining as a Canadian Borrower, U.S. Borrower and/or U.S. Facility Guarantor. 

 the Agent and the relevant Security Trustee in order for the Agent and such Security
Trustee to complete their due diligence and compliance procedures for applicable “know your customer” and anti-money laundering rules, and (b) that a Senior Officer of the applicable Loan Party Agent has delivered to the Agent
(i) a Borrowing Base Certificate for the New Loan Party Agent effective as of not more than 25 days preceding the date hereof and (ii) written notice of the New Loan Party’s Applicable Foreign Borrower Commitment.]48 

4. In furtherance of its obligations under the Loan Agreement, the New Loan Party authorizes the filing of such financing or security
statements (or equivalent in the relevant jurisdiction) naming it as debtor, the Agent and/or the relevant Security Trustee as secured party and describing its Collateral and such other documentation as the Agent and/or the relevant Security Trustee
may require to evidence, protect and perfect the Liens created by the [Loan Agreement][Security Documents] to which it is a party. 
 5. This Agreement shall be deemed to be part of, and a modification to, the Loan Agreement and shall be governed by all the terms and provisions of the Loan Agreement, which terms are incorporated herein
by reference, are ratified and confirmed and shall continue in full force and effect as valid and binding agreements of the New Loan Party enforceable against the New Loan Party in accordance with its terms. The New Loan Party hereby waives notice
of the Agent’s or any other Secured Party’s acceptance of this Agreement. 
 IN WITNESS WHEREOF, the New Loan Party
has executed this Agreement as of the day and year first written above. 
  

			
	“NEW LOAN PARTY”:
	[________________________________________]
		
	By:	 	 
	Name:	 	
	Title:	 	

  

	48	 Revise as
appropriate depending on if the New Loan Party is U.S. or non-U.S. Person. 

 EXHIBIT J-1 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF NON-BANK CERTIFICATE FOR NON-PARTNERSHIP 
 (For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes) 
 Reference is made to that certain Amended and Restated Loan, Security and Guarantee Agreement dated as of March 27, 2012 (as the same may be amended, supplemented or otherwise modified from time to
time, the “Loan Agreement”), among MCJUNKIN RED MAN CORPORATION, a Delaware corporation (“MRC”), GREENBRIER PETROLEUM CORPORATION, a West Virginia corporation (“Greenbrier”), MCJUNKIN RED MAN
DEVELOPMENT CORPORATION, a Delaware corporation (“McJunkin Development”), MIDWAY – TRISTATE CORPORATION, a New York corporation (“Midway”), MILTON OIL & GAS COMPANY, a West Virginia corporation
(“Milton”), MRC MANAGEMENT COMPANY, a Delaware corporation (“Management”), RUFFNER REALTY COMPANY, a West Virginia corporation (“Ruffner”), and THE SOUTH TEXAS SUPPLY COMPANY, INC., a Texas
corporation (“South Texas” and together with MRC, Greenbrier, McJunkin Development, Midway, Milton, Management and Ruffner, the “Initial U.S. Borrowers”), MRC TRANSMARK PTY LTD, a company incorporated under the laws
of the Commonwealth of Australia (“Transmark Australia”), and MRC SPF PTY LTD., a company incorporated under the laws of the Commonwealth of Australia (“SPF Australia” and together with Transmark Australia, the
“Initial Australian Borrowers”), MRC TRANSMARK NV, a limited liability company organized under the laws of Belgium (the “Initial Belgian Borrower”), MIDFIELD SUPPLY ULC, an unlimited liability corporation organized
under the laws of Alberta, Canada (the “Initial Canadian Borrower”), MRC TRANSMARK B.V., a limited company organized under the laws of the Netherlands (“Transmark Netherlands”), and MRC TRANSMARK INTERNATIONAL B.V.,
a limited company organized under the laws of the Netherlands (“International Netherlands” and together with Transmark Netherlands, the “Initial Dutch Borrowers”), MRC TRANSMARK HOLDINGS UK LIMITED, a company
incorporated in England and Wales with company number 05436123 (“Holdings UK”), MRC TRANSMARK LIMITED, a company incorporated in England and Wales with company number 03471259 (“Transmark UK”), MRC TRANSMARK
(DRAGON) LIMITED, a company incorporated in England and Wales with company number 03797606 (“Dragon UK”), and MRC SPF SCANFIT LIMITED, a company incorporated in England and Wales with company number 02299105 (“SPF
UK” and together with Holdings UK, Transmark UK and Dragon UK, the “Initial UK Borrowers”; and collectively with any other UK Borrowers, any other Australian Borrowers, any other Belgian Borrowers, any other Canadian
Borrowers, any other Dutch Borrowers, any New Zealand Borrowers, any Singapore Borrowers and any other U.S. Borrowers, the “Borrowers” and each, a “Borrower”), the Persons from time to time party to the Loan
Agreement as Guarantors, the financial institutions party to the Loan Agreement from time to time as lenders (collectively, “Lenders”), and BANK OF AMERICA, N.A., a national banking association, in its capacity as collateral agent
and administrative agent for itself and the other Secured Parties (together with any successor agent appointed pursuant to Section 12.10 of the Loan Agreement, the “Agent”). Capitalized terms used but not defined herein shall
have the meanings given to such terms in the Loan Agreement. 

 Pursuant to the provisions of Section 5.9.2 of the Loan Agreement, the undersigned
hereby certifies that (i) it is the sole record and beneficial owner of the Loans and other Obligations (as well as any Notes evidencing such Loans and other Obligations) in respect of which it is providing this certificate, (ii) it is not
a bank within the meaning of Section 881(c)(3)(A) of the Code, (iii) it is not a ten percent shareholder of any U.S. Borrower within the meaning of Section 871(h)(3)(B) of the Code, (iv) it is not a controlled foreign corporation
related to any U.S. Borrower as described in Section 881(c)(3)(C) of the Code and (v) the interest payments on the Loans and other Obligations are not effectively connected with the undersigned’s conduct of a U.S. trade or business.

 The undersigned has furnished the Agent and the North American Loan Party Agent with a certificate of its non-United States
status on IRS Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform the Agent and the North American Loan Party Agent, and
(2) the undersigned shall have at all times furnished the Agent and the North American Loan Party Agent with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the
undersigned, or in either of the two calendar years preceding such payments. 
 [Signature Page Follows] 

 
			
	[NAME OF LENDER]
		
	By:	 	 
	Name:	 	
	Title:	 	

 Date:             
    , 20[    ] 

 EXHIBIT J-2 
 to 
 Amended and Restated Loan, Security and Guarantee Agreement 

FORM OF NON-BANK CERTIFICATE FOR PARTNERSHIP 
 (For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is made to that certain Amended and Restated Loan, Security and Guarantee Agreement dated as of March 27, 2012 (as the
same may be amended, supplemented or otherwise modified from time to time, the “Loan Agreement”), among MCJUNKIN RED MAN CORPORATION, a Delaware corporation (“MRC”), GREENBRIER PETROLEUM CORPORATION, a West Virginia
corporation (“Greenbrier”), MCJUNKIN RED MAN DEVELOPMENT CORPORATION, a Delaware corporation (“McJunkin Development”), MIDWAY – TRISTATE CORPORATION, a New York corporation (“Midway”), MILTON
OIL & GAS COMPANY, a West Virginia corporation (“Milton”), MRC MANAGEMENT COMPANY, a Delaware corporation (“Management”), RUFFNER REALTY COMPANY, a West Virginia corporation (“Ruffner”),
and THE SOUTH TEXAS SUPPLY COMPANY, INC., a Texas corporation (“South Texas” and together with MRC, Greenbrier, McJunkin Development, Midway, Milton, Management and Ruffner, the “Initial U.S. Borrowers”), MRC
TRANSMARK PTY LTD, a company incorporated under the laws of the Commonwealth of Australia (“Transmark Australia”), and MRC SPF PTY LTD., a company incorporated under the laws of the Commonwealth of Australia (“SPF
Australia” and together with Transmark Australia, the “Initial Australian Borrowers”), MRC TRANSMARK NV, a limited liability company organized under the laws of Belgium (the “Initial Belgian Borrower”),
MIDFIELD SUPPLY ULC, an unlimited liability corporation organized under the laws of Alberta, Canada (the “Initial Canadian Borrower”), MRC TRANSMARK B.V., a limited company organized under the laws of the Netherlands
(“Transmark Netherlands”), and MRC TRANSMARK INTERNATIONAL B.V., a limited company organized under the laws of the Netherlands (“International Netherlands” and together with Transmark Netherlands, the
“Initial Dutch Borrowers”), MRC TRANSMARK HOLDINGS UK LIMITED, a company incorporated in England and Wales with company number 05436123 (“Holdings UK”), MRC TRANSMARK LIMITED, a company incorporated in England and
Wales with company number 03471259 (“Transmark UK”), MRC TRANSMARK (DRAGON) LIMITED, a company incorporated in England and Wales with company number 03797606 (“Dragon UK”), and MRC SPF SCANFIT LIMITED, a company
incorporated in England and Wales with company number 02299105 (“SPF UK” and together with Holdings UK, Transmark UK and Dragon UK, the “Initial UK Borrowers”; and collectively with any other UK Borrowers, any other
Australian Borrowers, any other Belgian Borrowers, any other Canadian Borrowers, any other Dutch Borrowers, any New Zealand Borrowers, any Singapore Borrowers and any other U.S. Borrowers, the “Borrowers” and each, a
“Borrower”), the Persons from time to time party to the Loan Agreement as Guarantors, the financial institutions party to the Loan Agreement from time to time as lenders (collectively, “Lenders”), and BANK OF
AMERICA, N.A., a national banking association, in its capacity as collateral agent and administrative agent for itself and the other Secured Parties (together with any successor agent appointed pursuant to Section 12.10 of the Loan Agreement,
the “Agent”). Capitalized terms used but not defined herein shall have the meanings given to such terms in the Loan Agreement. 

 Pursuant to the provisions of Section 5.9.2 of the Loan Agreement, the undersigned
hereby certifies that (i) it is the sole record owner of the Loans and other Obligations (as well as any Notes evidencing such Loans and other Obligations) in respect of which it is providing this certificate, (ii) its direct or indirect
partners/members are the sole beneficial owners of such Loans and other Obligations (as well as any Notes evidencing such Loans and other Obligations), (iii) with respect to the extension of credit pursuant to this Loan Agreement or any other
Loan Document, neither the undersigned nor any of its direct or indirect partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the meaning of
Section 881(c)(3)(A) of the Code, (iv) none of its direct or indirect partners/members is a ten percent shareholder of any U.S. Borrower within the meaning of Section 871(h)(3)(B) of the Code, (v) none of its direct or indirect
partners/members is a controlled foreign corporation related to any U.S. Borrower as described in Section 881(c)(3)(C) of the Code and (vi) the interest payments on the Loans and other Obligations are not effectively connected with the
undersigned’s or its direct or indirect partners/members’ conduct of a U.S. trade or business. 
 The undersigned has
furnished the Agent and the North American Loan Party Agent with IRS Form W-8IMY accompanied by an IRS Form W-8BEN from each of its partners/members claiming the portfolio interest exemption. By executing this certificate, the undersigned agrees
that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform the Agent and the North American Loan Party Agent, and (2) the undersigned shall have at all times furnished the Agent and the North
American Loan Party Agent with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 

[Signature Page Follows] 

 
			
	[NAME OF LENDER]
		
	By:	 	 
	Name:	 	
	Title:	 	

 Date:             
    , 20[    ] 

 SCHEDULES 

 

			
	 Schedule 1.1(a)
	  	Existing Letters of Credit
	 Schedule 1.1(b)
	  	Existing Receivables Entities
	 Schedule 2.1.1(a)
	  	Australian Revolver Commitment
	 Schedule 2.1.1(b)
	  	Belgian Revolver Commitment
	 Schedule 2.1.1(c)
	  	Canadian Revolver Commitment
	 Schedule 2.1.1(d)
	  	Dutch Revolver Commitment
	 Schedule 2.1.1(e)
	  	UK Revolver Commitment
	 Schedule 2.1.1(f)
	  	U.S. Revolver Commitment
	 Schedule 3.8
	  	Mandatory Costs Rate
	 Schedule 7.3
	  	Pledged Stock/Pledged Debt
	 Schedule 8.3
	  	Deposit Accounts
	 Schedule 8.4.1
	  	Locations of Collateral
	 Schedule 9.1.12
	  	Subsidiaries/Excluded Subsidiaries
	 Schedule 10.1.11
	  	Permitted Transactions with Affiliates
	 Schedule 10.1.16
	  	Post-Closing Actions
	 Schedule 10.2.1
	  	Existing Indebtedness
	 Schedule 10.2.2
	  	Existing Liens
	 Schedule 10.2.4
	  	Non-Core Assets
	 Schedule 10.2.5
	  	Permitted Investments
	 Schedule 10.2.10
	  	Permitted Burdensome Agreements
	 Schedule 13.3.3
	  	Permitted Assignees

 Schedule 1.1(a) 

Existing U.S. Letters of Credit 
  

																	
	 Principal
	  	 Beneficiary
	  	Expiration
Date	 	  	Currency	 	  	Available
Amount	 	  	 Issuing Bank

	McJunkin Red Man Corporation	  	The Travelers Indemnity Company	  	 	05/01/2012	  	  	 	USD	  	  	 	4,284,000.00	  	  	JPMorgan Chase Bank, N.A.
	McJunkin Red Man Corporation	  	Insurance Commissioner of West Virginia	  	 	01/31/2013	  	  	 	USD	  	  	 	250,000.00	  	  	Bank of America, N.A.
	McJunkin Red Man Corporation	  	Sentry Insurance, A Mutual Company	  	 	10/21/2012	  	  	 	USD	  	  	 	75,000.00	  	  	Bank of America, N.A.
	McJunkin Red Man Corporation	  	West Virginia Employers’ Mutual Insurance Company, d/b/a Brickstreet Mutual Insurance Co.	  	 	10/21/2012	  	  	 	USD	  	  	 	30,000.00	  	  	Bank of America, N.A.
	McJunkin Red Man Corporation	  	Chu Kong Steel Pipe Group Co Ltd	  	 	7/10/2012	  	  	 	USD	  	  	 	5,017,593.00	  	  	Bank of America, N.A.
	McJunkin Red Man Corporation	  	HSBC Bank PLC	  	 	3/26/2013	  	  	 	USD	  	  	 	13,620,680.77	  	  	Bank of America, N.A.

  
 - 1 -

 Schedule 1.1(b) 

Existing Receivables Entities 
 None. 

  
 - 2 -

 Schedule 2.1.1(a) 

Australian Revolver Commitments 
  

					
	 Australian Lender
	  	Australian
Revolver
Commitment
	 
	 Bank of America, N.A. (acting through its Australia Branch)
	  	$	10,000,000.00	  
	 RBS Invoice Finance Limited
	  	$	10,000,000.00	  
	 Wells Fargo Bank, National Association, London Branch
	  	$	10,000,000.00	  
	 Barclays Bank PLC
	  	$	9,500,000.00	  
	 JPMorgan Chase Bank, N.A., Sydney Branch (ABN 43 074 112 011)
	  	$	6,500,000.00	  
	 Union Bank, N.A.
	  	$	6,000,000.00	  
		  	  
	  
	 
	 Total:
	  	$	52,000,000.00	  
		  	  
	  
	 

  
 - 3 -

 Schedule 2.1.1(b) 

Belgian Revolver Commitments 
  

					
	 Belgian Lender
	  	Belgian
Revolver
Commitment
	 
	 RBS Invoice Finance Limited
	  	$	3,000,000.00	  
	 Bank of America, N.A. (acting through its London Branch)
	  	$	2,000,000.00	  
	 Barclays Bank PLC
	  	$	1,000,000.00	  
	 Wells Fargo Bank, National Association, London Branch
	  	$	1,000,000.00	  
		  	  
	  
	 
	 Total:
	  	$	7,000,000.00	  
		  	  
	  
	 

  
 - 4 -

 Schedule 2.1.1(c) 

Canadian Revolver Commitments 
  

					
	 Canadian Lender
	  	Canadian
Revolver
Commitment
	 
	 Bank of America, N.A. (acting through its Canada Branch)
	  	$	38,625,641.25	  
	 Wells Fargo Capital Finance Corporation Canada
	  	$	28,000,000.00	  
	 Barclays Bank PLC
	  	$	27,500,000.00	  
	 JPMorgan Chase Bank, N.A., Toronto Branch
	  	$	10,000,000.00	  
	 U.S. Bank National Association, Canada Branch
	  	$	7,435,897.43	  
	 Goldman Sachs Lending Partners LLC
	  	$	7,142,857.14	  
	 Union Bank, Canada Branch
	  	$	6,622,222.00	  
	 PNC Bank Canada Branch
	  	$	6,428,571.43	  
	 The Toronto-Dominion Bank
	  	$	6,428,571.43	  
	 City National Bank
	  	$	3,717,948.72	  
	 KeyBank, N.A.
	  	$	3,098,290.60	  
		  	  
	  
	 
	 Total:
	  	$	145,000,000.00	  
		  	  
	  
	 

  
 - 5 -

 Schedule 2.1.1(d) 

Dutch Revolver Commitments 
  

					
	 Dutch Lender
	  	Dutch
Revolver
Commitment

	 
	 RBS Invoice Finance Limited
	  	$	3,000,000.00	  
	 Regions Bank
	  	$	1,750,000.00	  
	 Bank of America, N.A. (acting through its London Branch)
	  	$	1,500,000.00	  
	 Wells Fargo Bank, National Association, London Branch
	  	$	1,400,000.00	  
	 Barclays Bank PLC
	  	$	1,350,000.00	  
		  	  
	  
	 
	 Total:
	  	$	9,000,000.00	  
		  	  
	  
	 

  
 - 6 -

 Schedule 2.1.1(e) 

UK Revolver Commitments 
  

					
	 UK Lender
	  	UK Revolver
Commitment
	 
	 Bank of America, N.A. (acting through its London Branch)
	  	$	8,000,000.00	  
	 RBS Invoice Finance Limited
	  	$	4,000,000.00	  
		  	  
	  
	 
	 Total:
	  	$	12,000,000.00	  
		  	  
	  
	 

  
 - 7 -

 Schedule 2.1.1(f) 

U.S. Revolver Commitments 
  

					
	 U.S. Lender
	  	U.S. Revolver
Commitment
	 
	 Bank of America, N.A.
	  	$	168,052,930.18	  
	 Wells Fargo Bank, National Association
	  	$	150,000,000.00	  
	 Barclays Bank PLC
	  	$	80,000,000.00	  
	 SunTrust Bank
	  	$	60,000,000.00	  
	 U.S. Bank National Association
	  	$	52,564,102.57	  
	 Regions Bank
	  	$	48,250,000.00	  
	 Union Bank, N.A.
	  	$	47,377,778.00	  
	 RBS Citizens Business Capital
	  	$	45,000,000.00	  
	 Goldman Sachs Lending Partners LLC
	  	$	42,857,142.86	  
	 CIT Bank
	  	$	38,571,428.57	  
	 PNC Bank, National Association
	  	$	38,571,428.57	  
	 TD Bank, N.A.
	  	$	38,571,428.57	  
	 Flagstar Bank, FSB
	  	$	35,000,000.00	  
	 HSBC Bank USA, N.A.
	  	$	31,000,000.00	  
	 City National Bank
	  	$	26,282,051.28	  
	 Raymond James Bank, N.A.
	  	$	25,000,000.00	  
	 The Huntington National Bank
	  	$	25,000,000.00	  
	 JPMorgan Chase Bank, N.A.
	  	$	23,500,000.00	  
	 KeyBank, N.A.
	  	$	21,901,709.40	  
	 Capital One Leverage Finance Corp.
	  	$	20,000,000.00	  
	 BOKF, NA
	  	$	7,500,000.00	  
		  	  
	  
	 
	 Total:
	  	$	1,025,000,000.00	  
		  	  
	  
	 

  
 - 8 -

 Schedule 3.8 

Mandatory Costs Rate 
  

	1.	The Mandatory Cost is an addition to the interest rate to compensate Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the
Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank. 

 

	2.	On the first day of each Interest Period (or as soon as possible thereafter) the Agent shall calculate, as a percentage rate, a rate (the “Additional Cost
Rate”) for each Lender, in accordance with the paragraphs set out below. The Mandatory Cost will be calculated by the Agent as a weighted average of the Lenders’ Additional Cost Rates (weighted in proportion to the percentage
participation of each Lender in the relevant Loan) and will be expressed as a percentage rate per annum. 

  

	3.	The Additional Cost Rate for any Lender lending from a Lending Office in a Participating Member State will be the percentage notified by that Lender to the Agent. This
percentage will be certified by that Lender in its notice to the Agent to be its reasonable determination of the cost (expressed as a percentage of that Lender’s participation in all Loans made from that Lending Office) of complying with the
minimum reserve requirements of the European Central Bank in respect of loans made from that Lending Office. 

  

	4.	The Additional Cost Rate for any Lender lending from a Lending Office in the United Kingdom will be calculated by the Agent as follows: 

 

	 	(a)	in relation to a sterling Revolver Loan: 

 AB + C(B – D) + E x 0.01 per cent. per annum 
             100 – (A+C) 
  

	 	(b)	in relation to a Revolver Loan in any currency other than sterling: 

 E x 0.01 per cent. per annum. 
     300

 Where: 
  

	 	A	is the percentage of Eligible Liabilities (assuming these to be in excess of any stated minimum) which that Lender is from time to time required to maintain as an
interest free cash ratio deposit with the Bank of England to comply with cash ratio requirements. 

  

	 	B	is the percentage rate of interest (excluding the Margin and the Mandatory Cost and, if the Loan is an Unpaid Sum, the additional rate of interest specified in
paragraph (c) of Section 3.1.1) payable for the relevant Interest Period on the Revolver Loan. 

  

	 	C	is the percentage (if any) of Eligible Liabilities which that Lender is required from time to time to maintain as interest bearing Special Deposits with the Bank of
England. 

  
 - 9 -

	 	D	is the percentage rate per annum payable by the Bank of England to the Agent on interest bearing Special Deposits. 

 

	 	E	is designed to compensate Lenders for amounts payable under the Fees Rules and is calculated by the Agent as being the average of the most recent rates of charge
supplied by three leading banks in the London interbank market appointed by the Agent in consultation with the European Loan Party Agent (the “Reference Banks”) pursuant to paragraph 7 below and expressed in pounds per
£1,000,000. 

  

	5.	For the purposes of this Schedule: 

  

	 	(a)	“Eligible Liabilities” and “Special Deposits” have the meanings given to them from time to time under or pursuant to the Bank of
England Act 1998 or (as may be appropriate) by the Bank of England; 

  

	 	(b)	“Fees Rules” means the rules on periodic fees contained in the Financial Services Authority Fees Manual or such other law or regulation as may be in
force from time to time in respect of the payment of fees for the acceptance of deposits; 

  

	 	(c)	“Fee Tariffs” means the fee tariffs specified in the Fees Rules under the activity group A.1 Deposit acceptors (ignoring any minimum fee or zero rated
fee required pursuant to the Fees Rules but taking into account any applicable discount rate); and 

  

	 	(d)	“Tariff Base” has the meaning given to it in, and will be calculated in accordance with, the Fees Rules. 

 

	6.	In application of the above formulae, A, B, C and D will be included in the formulae as percentages (i.e. 5 per cent. will be included in the formula as 5 and not
as 0.05). A negative result obtained by subtracting D from B shall be taken as zero. The resulting figures shall be rounded to four decimal places. 

  

	7.	If requested by the Agent, each Reference Bank shall, as soon as practicable after publication by the Financial Services Authority, supply to the Agent, the rate of
charge payable by that Reference Bank to the Financial Services Authority pursuant to the Fees Rules in respect of the relevant financial year of the Financial Services Authority (calculated for this purpose by that Reference Bank as being the
average of the Fee Tariffs applicable to that Reference Bank for that financial year) and expressed in pounds per £1,000,000 of the Tariff Base of that Reference Bank. 

 

	8.	Each Lender shall supply any information required by the Agent for the purpose of calculating its Additional Cost Rate. In particular, but without limitation, each
Lender shall supply the following information on or prior to the date on which it becomes a Lender: 

  

	 	(a)	the jurisdiction of its Lending Office; and 

  

	 	(b)	any other information that the Agent may reasonably require for such purpose. 

Each Lender shall promptly notify the Agent of any change to the information provided by it pursuant to this paragraph.

  
 - 10 -

	9.	The percentages of each Lender for the purpose of A and C above and the rates of charge of each Reference Bank for the purpose of E above shall be determined by the
Agent based upon the information supplied to it pursuant to paragraphs 7 and 8 above and on the assumption that, unless a Lender notifies the Agent to the contrary, each Lender’s obligations in relation to cash ratio deposits and Special
Deposits are the same as those of a typical bank from its jurisdiction of incorporation with a Lending Office in the same jurisdiction as its Lending Office. 

 

	10.	The Agent shall have no liability to any person if such determination results in an Additional Cost Rate which over or under compensates any Lender and shall be
entitled to assume that the information provided by any Lender or Reference Bank pursuant to paragraphs 3, 7 and 8 above is true and correct in all respects. 

 

	11.	The Agent shall distribute the additional amounts received as a result of the Mandatory Cost to the Lenders on the basis of the Additional Cost Rate for each Lender
based on the information provided by each Lender and each Reference Bank pursuant to paragraphs 3, 7 and 8 above. 

  

	12.	Any determination by the Agent pursuant to this Schedule in relation to a formula, the Mandatory Cost, an Additional Cost Rate or any amount payable to a Lender shall,
in the absence of manifest error, be conclusive and binding on all Parties. 

  

	13.	The Agent may from time to time, after consultation with the European Loan Party Agent and the Lenders, determine and notify to all Parties any amendments which are
required to be made to this Schedule in order to comply with any change in law, regulation or any requirements from time to time imposed by the Bank of England, the Financial Services Authority or the European Central Bank (or, in any case, any
other authority which replaces all or any of its functions) and any such determination shall, in the absence of manifest error, be conclusive and binding on all Parties. 

  
 - 11 -

 Schedule 7.3 

Pledged Stock/Pledged Debt Securities 
  

	(a)	Pledged Stock 

 See Annex
1. 
  

	(b)	Pledged Debt 

  

							
	 Lender/Creditor
	  	 Borrower/Debtor
	  	 Outstanding Principal Amount
	  	Documented
(Y/N)
				
	 MRC Transmark B.V.
	  	MRC Transmark International B.V.	  	EUR 700,000	  	N
				
	 MRC Transmark B.V.
	  	MRC Transmark France SAS.	  	EUR 1,700,000	  	N
				
	 MRC Transmark B.V.
	  	MRC Transmark Kazakhstan	  	EUR 380,000	  	N
				
	 MRC Transmark Holdings UK Limited
	  	MRC Transmark International B.V.	  	GBP 678,000	  	N
				
	 MRC Transmark Holdings UK Limited
	  	MRC Transmark Leymas Valve Co Ltd	  	GBP 8,000	  	N
				
	 MRC Transmark Holdings UK Limited
	  	MRC Transmark Pty Ltd.	  	AUD 4,000,000 and EUR 4,631,500	  	Y
				
	 MRC Transmark Holdings UK Limited
	  	MRC Transmark Limited	  	GBP 532,000	  	N
				
	 MRC Transmark Holdings UK Limited
	  	MRC Transmark Middle East FZE	  	GBP 205,000	  	N
				
	 MRC Transmark Holdings UK Limited
	  	MRC SPF Pty Ltd.	  	GBP 1,464,000	  	N
				
	 MRC SPF Pty Ltd.
	  	MRC SPF Europe Ltd.	  	AUD 46,000	  	N
				
	 MRC SPF Pty Ltd.
	  	MRC SPF Middle East Pty Ltd.	  	AUD 2,226,000	  	N
				
	 MRC SPF Pty Ltd.
	  	MRC SPF Indonesia Pty Ltd.	  	AUD 1,000	  	N
				
	 MRC SPF Pty Ltd.
	  	PT SPF Indonesia	  	AUD 332,000	  	N
				
	 MRC SPF Scanfit Limited
	  	MRC SPF Pty Ltd.	  	GBP 736,000	  	N
				
	 MRC Transmark Dragon Ltd
	  	MRC Transmark Limited	  	GBP 1,311,000	  	N
				
	 MRC Transmark Limited
	  	MRC Transmark Holdings UK Limited	  	GBP 4,233,000	  	N
				
	 MRC Transmark Pty Ltd.
	  	MRC SPF Pty Ltd.	  	AUD 6,258,760 and EUR 4,631,500	  	Y
				
	 MRC Transmark Pty Ltd.
	  	MRC Transmark Holdings UK Limited	  	AUD 2,654,000	  	N

  
 - 12 -

 Schedule 8.3 

Deposit Accounts 
  

									
	 Holder
	  	 Institution
	  	 Account Number
	  	 Excluded

Deposit

Accounts

Definition
	  	 Description

	 McJunkin Red Man Corporation
	  	BB&T Corporation	  	5270852310	  	(c)	  	MRM Proof Of Delivery Account
					
	 McJunkin Red Man Corporation
	  	 JP Morgan Chase
 Bank, N.A.
	  	631882040	  		  	Receivables Account
					
	 McJunkin Red Man Corporation
	  	 JP Morgan Chase
 Bank, N.A.
	  	999500028	  	(c)	  	Main Disbursements Account
					
	 McJunkin Red Man Corporation
	  	 JP Morgan Chase
 Bank, N.A.
	  	713421006	  	(b)	  	Flex Spending Account
					
	 McJunkin Red Man Corporation
	  	 JP Morgan Chase
 Bank, N.A.
	  	625687249	  	(c)	  	Income, State, Use, FICA Tax Account
					
	 McJunkin Red Man Corporation
	  	 JP Morgan Chase
 Bank, N.A.
	  	660063751	  	(c)	  	Petty Cash Account
					
	 McJunkin Red Man Corporation
	  	 JP Morgan Chase
 Bank, N.A.
	  	720039205	  	(c)	  	Expense Reimbursement Account
					
	 McJunkin Red Man Corporation
	  	PNC Bank, National Association	  	0001160241	  		  	MRM ZBA Lockbox Receipts Account
					
	 McJunkin Red Man Corporation
	  	PNC Bank, National Association	  	1017296201	  		  	MRM Concentration Account
					
	 McJunkin Red Man Corporation
	  	PNC Bank, National Association	  	1131299959	  	(c)	  	Disbursement Funding Account
					
	 McJunkin Red Man Corporation
	  	PNC Bank, National Association	  	4239703662	  	(a), (b)	  	Payroll Account
					
	 McJunkin Red Man Corporation
	  	PNC Bank, National Association	  	4239703638	  	(a)	  	Wire and Check Payment Account
					
	 MRC Management Company
	  	PNC Bank, National Association	  	4239736421	  	(a)	  	Wire and Check Payment Account
					
	 MRC Management Company
	  	PNC Bank, National Association	  	4239736448	  	(a),(b)	  	Payroll Account
					
	 McJunkin Red Man Corporation
	  	PNC Bank, National Association	  	1013637515	  		  	ZBA Depository Account
					
	 Midfield Supply ULC
	  	Bank of America	  	47402268	  	(b)	  	Payroll Account
					
	 Midfield Supply ULC
	  	Bank of America	  	47402292	  	(c)	  	Disbursements Account
					
	 Midfield Supply ULC
	  	Bank of America	  	47402200	  		  	Lock Box Account

  
 - 13 -

									
	 Holder
	  	 Institution
	  	Account Number	  	 Excluded

Deposit

Accounts

Definition
	  	 Description

	 MRC Transmark NV
	  	KBC Bank NV	  	BE61409051155117	  	(c)	  	EUR operating account
					
	 MRC Transmark NV
	  	KBC Bank NV	  	BE39409051155319	  	(a)	  	GBP operating account to pay foreign suppliers
					
	 MRC Transmark NV
	  	KBC Bank NV	  	BE92409051155723	  	(a)	  	JPY operating account to pay foreign suppliers
					
	 MRC Transmark NV
	  	KBC Bank NV	  	BE03414112418184	  	(a)	  	USD operating account to pay foreign suppliers
					
	 MRC Transmark NV
	  	KBC Bank NV	  	BE03414112418184	  	(b)	  	EUR Salaries / petty cash
					
	 MRC Transmark NV
	  	Bank van de Post	  	BE83000009226215	  	(a)	  	EUR operating account for franking machine
					
	 MRC Transmark NV
	  	HSBC	  	401-000328-001	  		  	EUR Dominion account
					
	 MRC Transmark NV
	  	HSBC	  	400515-70767038	  	(c)	  	EUR cash pool account (not in use)
					
	 MRC Transmark NV
	  	HSBC	  	401-000328-102	  		  	GBP Dominion account
					
	 MRC Transmark NV
	  	HSBC	  	402715-24606760	  	(c)	  	GBP cash pool account (not in use)
					
	 MRC Transmark NV
	  	HSBC	  	401-000328-103	  		  	JPY Dominion account
					
	 MRC Transmark NV
	  	HSBC	  	401-000328-101	  		  	USD Dominion account
					
	 MRC Transmark NV
	  	HSBC	  	400515-70768541	  	(c)	  	USD cash pool account (not in use)
					
	 MRC Transmark NV
	  	HSBC	  	401-004320-001	  	(a)	  	EUR Disbursement account
					
	 MRC Transmark NV
	  	HSBC	  	401-004320-102	  	(a)	  	GBP Disbursement account
					
	 MRC Transmark NV
	  	HSBC	  	401-004320-103	  	(a)	  	JPY Disbursement account
					
	 MRC Transmark NV
	  	HSBC	  	401-004320-101	  	(a)	  	USD Disbursement account
					
	 MRC Transmark Pty Ltd.
	  	Commonwealth Bank of Australia	  	3626 1018 0959	  	(a)	  	AUD FX Contract/creditor settlements
					
	 MRC Transmark Pty Ltd.
	  	HSBC	  	001-288877-001	  		  	AUD Dominion account
					
	 MRC Transmark Pty Ltd.
	  	HSBC	  	001-288877-163	  	(c)	  	AUD deposit account
					
	 MRC Transmark Pty Ltd.
	  	HSBC	  	001-288877-900	  		  	EUR Dominion account

  
 - 14 -

									
	 Holder
	  	 Institution
	  	Account Number	  	 Excluded

Deposit

Accounts

Definition
	  	 Description

	 MRC Transmark Pty Ltd.
	  	HSBC	  	001-288877-159	  		  	GBP Dominion account
					
	 MRC Transmark Pty Ltd.
	  	HSBC	  	001-288877-160	  		  	USD Dominion account
					
	 MRC Transmark Pty Ltd.
	  	HSBC	  	001-288877-004	  	(a)	  	AUD Disbursement account
					
	 MRC Transmark Pty Ltd.
	  	HSBC	  	001-288877-909	  	(a)	  	EUR Disbursement account
					
	 MRC Transmark Pty Ltd.
	  	HSBC	  	001-288877-907	  	(a)	  	GBP Disbursement account
					
	 MRC Transmark Pty Ltd.
	  	HSBC	  	001-288877-908	  	(a)	  	USD Disbursement account
					
	 MRC Transmark Pty Ltd.
	  	Bank of America Australia	  	5201-232001-15894081	  		  	GBP Dominion account
					
	 MRC Transmark Pty Ltd.
	  	Bank of America Australia	  	5201-232001-15894073	  		  	EUR Dominion account
					
	 MRC Transmark Pty Ltd.
	  	Bank of America Australia	  	5201-232001-15894065	  		  	USD Dominion account
					
	 MRC Transmark Pty Ltd.
	  	Bank of America Australia	  	5201-232001-15894057	  		  	AUD Dominion account
					
	 MRC Transmark Limited
	  	Bank of America London	  	52892017	  		  	GBP Dominion account
					
	 MRC Transmark Limited
	  	Bank of America London	  	52892025	  		  	EUR Dominion account
					
	 MRC Transmark Limited
	  	Bank of America London	  	52892033	  		  	USD Dominion account
					
	 MRC Transmark Limited
	  	HSBC	  	400515-70682654	  	(a)	  	DKK Disbursement account
					
	 MRC Transmark Limited
	  	HSBC	  	400515-70681800	  		  	EUR Dominion account
					
	 MRC Transmark Limited
	  	HSBC	  	402715-04593715	  		  	GBP Dominion account
					
	 MRC Transmark Limited
	  	HSBC	  	400515-70683516	  		  	USD Dominion account
					
	 MRC Transmark Limited
	  	HSBC	  	402715-44721136	  	(a)	  	GBP Disbursement account
					
	 MRC Transmark Limited
	  	HSBC	  	400515-71976066	  	(a)	  	EUR Disbursement account
					
	 MRC Transmark Limited
	  	HSBC	  	400515-71976522	  	(a)	  	USD Disbursement account
					
	 MRC Transmark International B.V.
	  	HSBC	  	421-008673-001	  		  	EUR Dominion account
					
	 MRC Transmark International B.V.
	  	HSBC	  	421-008673-101	  		  	USD Dominion account
					
	 MRC Transmark International B.V.
	  	HSBC	  	421-008673-102	  		  	GBP Dominion account

  
 - 15 -

									
	 Holder
	  	 Institution
	  	Account Number	  	 Excluded

Deposit

Accounts

Definition
	  	 Description

	 MRC Transmark International B.V.
	  	HSBC	  	400515-71229130	  	(c)	  	USD cash pool account (not in use)
					
	 MRC Transmark International B.V.
	  	HSBC	  	400515-71282757	  	(c)	  	EUR cash pool account (not in use)
					
	 MRC Transmark International B.V.
	  	HSBC	  	402715-94656547	  	(c)	  	GBP cash pool account (not in use)
					
	 MRC Transmark International B.V.
	  	HSBC	  	421-008673-002	  	(a)	  	EUR Disbursement account
					
	 MRC Transmark International B.V.
	  	HSBC	  	421-008673-103	  	(a)	  	USD Disbursement account
					
	 MRC Transmark International B.V.
	  	HSBC	  	421-008673-104	  	(a)	  	GBP Disbursement account
					
	 MRC Transmark Holdings UK Limited
	  	HSBC	  	400515-70683508	  	(a)	  	AUD Disbursement account
					
	 MRC Transmark Holdings UK Limited
	  	HSBC	  	400515-70681792	  	(a)	  	EUR Disbursement account
					
	 MRC Transmark Holdings UK Limited
	  	HSBC	  	402715-04593707	  	(a)	  	GBP Disbursement account
					
	 MRC Transmark Holdings UK Limited
	  	HSBC	  	400515-70683041	  	(a)	  	NZD Disbursement account
					
	 MRC Transmark Holdings UK Limited
	  	HSBC	  	400515-70683481	  	(a)	  	SGD Disbursement account
					
	 MRC Transmark Holdings UK Limited
	  	HSBC	  	400515-70682638	  	(a)	  	USD Disbursement account
					
	 MRC Transmark Holdings UK Limited
	  	Bank of America London	  	52894013	  		  	GBP Dominion account
					
	 MRC Transmark Holdings UK Limited
	  	Bank of America London	  	52894021	  		  	EUR Dominion account
					
	 MRC Transmark Holdings UK Limited
	  	Bank of America London	  	52894039	  		  	USD Dominion account
					
	 MRC Transmark Holdings UK Limited
	  	Bank of America London	  	52894055	  		  	AUD Dominion account
					
	 MRC Transmark Holdings UK Limited
	  	Bank of America London	  	52894047	  		  	NZD Dominion account
					
	 MRC Transmark Holdings UK Limited
	  	Bank of America London	  	52894063	  		  	SGD Dominion account
					
	 MRC Transmark B.V.
	  	ABNAMRO EUR	  	43.29.51.407	  	(c)	  	EUR credit cards
					
	 MRC Transmark B.V.
	  	ING EUR	  	P9100	  	(c)	  	EUR operating account to be closed
					
	 MRC Transmark B.V.
	  	HSBC	  	421-007832-001	  		  	EUR Dominion account
					
	 MRC Transmark B.V.
	  	HSBC	  	400515-70772540	  	(c)	  	EUR cash pool not in use
					
	 MRC Transmark B.V.
	  	HSBC	  	421-007832-102	  		  	GBP Dominion account

  
 - 16 -

									
	 Holder
	  	 Institution
	  	 Account Number
	  	 Excluded

Deposit

Accounts

Definition
	  	 Description

	 MRC Transmark B.V.
	  	HSBC	  	402715-44608127	  	(c)	  	GBP zero balance account
					
	 MRC Transmark B.V.
	  	HSBC	  	421-007832-101	  		  	USD Dominion account
					
	 MRC Transmark B.V.
	  	HSBC	  	400515-70770878	  	(c)	  	USD cash pool not in use
					
	 MRC Transmark B.V.
	  	HSBC	  	421-007832-002	  	(a)	  	EUR Disbursement account
					
	 MRC Transmark B.V.
	  	HSBC	  	421-007832-104	  	(a)	  	GBP Disbursement account
					
	 MRC Transmark B.V.
	  	HSBC	  	421-007832-103	  	(a)	  	USD Disbursement account
					
	 MRC Transmark B.V.
	  	Rabobank	  	1010.00.669	  		  	EUR Dominion account
					
	 MRC Transmark B.V.
	  	Rabobank	  	1010.00.669	  	(c)	  	GBP account (not in use)
					
	 MRC Transmark B.V.
	  	Rabobank	  	1010.00.669	  	(c)	  	USD account (not in use)
					
	 MRC Transmark B.V.
	  	Rabobank	  	991209958	  	(b)	  	EUR G-account
					
	 MRC Transmark (Dragon) Limited
	  	HSBC	  	402715-04593723	  		  	GBP Dominion account
					
	 MRC Transmark (Dragon) Ltd
	  	HSBC	  	402715-94721101	  	(a)	  	GBP Disbursement account
					
	 MRC Transmark (Dragon) Ltd
	  	Bank of America London	  	52893015	  		  	GBP Dominion account
					
	 MRC SPF Scanfit Limited
	  	HSBC	  	402085-30011312	  		  	GBP Dominion account
					
	 MRC SPF Scanfit Limited
	  	HSBC	  	400515-70211027	  		  	EUR Dominion account
					
	 MRC SPF Scanfit Limited
	  	HSBC	  	400515-71975813	  	(a)	  	EUR Disbursement account
					
	 MRC SPF Scanfit Limited
	  	HSBC	  	402085-80016179	  	(a)	  	GBP Disbursement account
					
	 MRC SPF Scanfit Limited
	  	HSBC-DEPOSIT	  	402085-53000648	  	(c)	  	GBP Deposit account
					
	 MRC SPF Scanfit Limited
	  	Bank of America London	  	52895029	  		  	EUR Dominion account
					
	 MRC SPF Scanfit Limited
	  	Bank of America London	  	52895011	  		  	GBP Dominion account
					
	 MRC SPF Pty Ltd.
	  	HSBC	  	021-291190-001	  		  	AUD Dominion account
					
	 MRC SPF Pty Ltd.
	  	HSBC	  	021-291190-160	  		  	USD Dominion account

  
 - 17 -

									
	 Holder
	  	 Institution
	  	 Account Number
	  	 Excluded

Deposit

Accounts

Definition
	  	 Description

	 MRC SPF Pty Ltd.
	  	HSBC	  	021-291190-900	  		  	EUR Dominion account
					
	 MRC SPF Pty Ltd.
	  	HSBC	  	021-291190-159	  		  	GBP Dominion account
					
	 MRC SPF Pty Ltd.
	  	HSBC	  	021-291190-163	  	(a)	  	AUD Disbursement account
					
	 MRC SPF Pty Ltd.
	  	HSBC	  	021-291190-901	  	(a)	  	EUR Disbursement account
					
	 MRC SPF Pty Ltd.
	  	HSBC	  	021-291190-903	  	(a)	  	USD Disbursement account
					
	 MRC SPF Pty Ltd.
	  	HSBC	  	021-291190-902	  	(a)	  	GBP Disbursement account
					
	 MRC SPF Pty Ltd.
	  	HSBC	  	TBC	  	(a)	  	EUR Disbursement account
					
	 MRC SPF Pty Ltd.
	  	HSBC	  	021-291190-299	  	(a)	  	AUD Disbursement account
					
	 MRC SPF Pty Ltd.
	  	HSBC	  	021-291190-300	  	(a)	  	USD Disbursement account
					
	 MRC SPF Pty Ltd.
	  	Westpac AUD	  	###-##-####	  	(c)	  	AUD Credit Cards
					
	 MRC SPF Pty Ltd.
	  	 Bank of America
 Australia
	  	5201-232001-15895047	  		  	GBP Dominion account
					
	 MRC SPF Pty Ltd.
	  	 Bank of America
 Australia
	  	5201-232001-15895039	  		  	EUR Dominion account
					
	 MRC SPF Pty Ltd.
	  	 Bank of America
 Australia
	  	5201-232001-15895021	  		  	USD Dominion account
					
	 MRC SPF Pty Ltd.
	  	 Bank of America
 Australia
	  	5201-232001-15895013	  		  	AUD Dominion account
					
	 MRC Piping Systems1
	  	HSBC	  	001-288877-002	  		  	AUD Dominion account
					
	 MRC Piping Systems
	  	HSBC	  	001-288877-905	  	(a)	  	GBP Disbursement account
					
	 MRC Piping Systems
	  	HSBC	  	001-288877-906	  	(a)	  	EUR Disbursement account
					
	 MRC Piping Systems
	  	HSBC	  	001-288877-904	  	(a)	  	USD Disbursement account
					
	 MRC Piping Systems
	  	HSBC	  	001-288877-003	  	(a)	  	AUD Disbursement account
					
	 MRC Piping Systems
	  	HSBC	  	001-288877-902	  		  	GBP Dominion account
					
	 MRC Piping Systems
	  	HSBC	  	001-288877-903	  		  	EUR Dominion account
					
	 MRC Piping Systems
	  	HSBC	  	001-288877-901	  		  	USD Dominion account

  
  

	1 	 MRC Piping Systems is a division of MRC Transmark Pty Ltd which owns the assets acquired pursuant to the Business Purchase Agreement dated
December 22, 2011 entered into between OneSteel Trading Pty Ltd, One Steel Limited, MRC Transmark Pty Ltd and MRC Global Inc. f/k/a McJunkin Red Man Holding Corporation. 

  
 - 18 -

									
	 Holder
	  	 Institution
	  	 Account Number
	  	 Excluded

Deposit

Accounts

Definition
	  	 Description

	 MRC Piping Systems
	  	Macquarie Bank	  	183334-239354434	  	(c)	  	AUD Rent bond deposit
					
	 MRC Piping Systems
	  	ANZ Bank	  	013414-185592144	  	(c)	  	Check account
					
	 MRC Piping Systems
	  	ANZ Bank	  	013414-998152621	  	(c)	  	Credit Cards
					
	 MRC Piping Systems
	  	Bank of America Australia	  	5201-232001-15894049	  		  	GBP Dominion account
					
	 MRC Piping Systems
	  	Bank of America Australia	  	5201-232001-15894031	  		  	EUR Dominion account
					
	 MRC Piping Systems
	  	Bank of America Australia	  	5201-232001-15894023	  		  	USD Dominion account
					
	 MRC Piping Systems
	  	Bank of America Australia	  	5201-232001-15894015	  		  	AUD Dominion account

  
 - 19 -

 Schedule 8.4.1 

Locations of Collateral 
 See Annex 2. 

  
 - 20 -

 Schedule 9.1.12 

Subsidiaries/Excluded Subsidiaries 
  

	(a)	Subsidiaries 

  

													
	 Name
	  	 Owner
	  	Percentage
Ownership	 	 	Type	 	  	Material
Subsidiary
(Y/N)
	 McJunkin Red Man Canada Ltd.
	  	McJunkin Red Man Corporation	  	 	100	% 	 	 	Corporation	  	  	Y
					
	 Midfield Supply ULC
	  	McJunkin Red Man Canada Ltd.	  	 	49	% 	 	 
 
 	Unlimited
Liability
Corporation	  
  
  	  	Y
	  	Midfield Holdings (Alberta) Ltd.	  	 	51	% 	 	  
					
	 Midfield Holdings (Alberta) Ltd.
	  	McJunkin Red Man Canada Ltd.	  	 	100	% 	 	 	Corporation	  	  	N
					
	 McJunkin Red Man Development Corporation
	  	McJunkin Red Man Corporation	  	 	100	% 	 	 	Corporation	  	  	N
					
	 McJunkin Red Man UK Ltd
	  	McJunkin Red Man Corporation	  	 	100	% 	 	 	Corporation	  	  	Y
					
	 McJunkin Red Man International Corp.
	  	McJunkin Red Man Corporation	  	 	100	% 	 	 	Corporation	  	  	N
					
	 McJunkin Red Man Asia Pacific Limited
	  	McJunkin Red Man International Corp.	  	 	100	% 	 	 	Corporation	  	  	N
					
	 McJunkin Red Man International Services Corp.
	  	McJunkin Red Man International Corp.	  	 	100	% 	 	 	Corporation	  	  	N
					
	 McJunkin Red Man de Mexico S. de R.L. de C.V.
	  	McJunkin Red Man International Corp.	  	 	99.9	% 	 	 	Corporation	  	  	N
	  	McJunkin Red Man International Services Corp.	  	 	0.1	% 	 	  
					
	 McJunkin Red Man Servicios S. de R.L. de C.V.
	  	McJunkin Red Man International Corp.	  	 	99.9	% 	 	 	Corporation	  	  	N
	  	McJunkin Red Man International Services Corp.	  	 	0.1	% 	 	  
					
	 The South Texas Supply Company, Inc.
	  	McJunkin Red Man Corporation	  	 	100	% 	 	 	Corporation	  	  	N
					
	 MRC Management Company
	  	McJunkin Red Man Corporation	  	 	100	% 	 	 	Corporation	  	  	N
					
	 Milton Oil & Gas Company
	  	McJunkin Red Man Corporation	  	 	100	% 	 	 	Corporation	  	  	N
					
	 Greenbrier Petroleum Corporation
	  	Milton Oil & Gas Company	  	 	100	% 	 	 	Corporation	  	  	N

  
 - 21 -

													
	 Name
	  	 Owner
	  	Percentage
Ownership	 	 	Type	 	  	Material
Subsidiary
(Y/N)
	 Ruffner Realty Company
	  	McJunkin Red Man Corporation	  	 	100	% 	 	 	Corporation	  	  	N
					
	 MRC Transmark Group B.V.
	  	McJunkin Red Man UK Ltd	  	 	100	% 	 	 	Corporation	  	  	Y
					
	 MRC Transmark Holdings UK Limited
	  	MRC Transmark Group B.V.	  	 	100	% 	 	 	Corporation	  	  	N
					
	 MRC Transmark International B.V.
	  	MRC Transmark Group B.V.	  	 	100	% 	 	 	Corporation	  	  	N
					
	 MRC Transmark B.V.
	  	MRC Transmark Group B.V.	  	 	100	% 	 	 	Corporation	  	  	N
					
	 MRC Transmark NV
	  	MRC Transmark Group B.V.	  	 	99.9	% 	 	 	Corporation	  	  	N
					
		  	MRC Transmark B.V.	  	 	0.1	% 	 				  	
					
	 MRC Transmark Middle East FZE
	  	MRC Transmark Group B.V.	  	 	100	% 	 	 
 	Free Zone
Establishment	  
  	  	N
					
	 MRC Transmark Pty Ltd
	  	MRC Transmark Holdings UK Limited	  	 	100	% 	 	 	Corporation	  	  	N
					
	 MRC Transmark Limited (New Zealand)
	  	MRC Transmark Holdings UK Limited	  	 	100	% 	 	 	Corporation	  	  	N
					
	 MRC Transmark Limited (UK)
	  	MRC Transmark Holdings UK Limited	  	 	100	% 	 	 	Corporation	  	  	N
					
	 MRC Transmark Italy srl
	  	MRC Transmark Holdings UK Limited	  	 	100	% 	 	 	Corporation	  	  	N
					
	 MRC Transmark (Dragon) Limited
	  	MRC Transmark Limited (UK)	  	 	100	% 	 	 	Corporation	  	  	N
					
	 MRC Transmark Pte. Ltd
	  	MRC Transmark Group B.V.	  	 	100	% 	 	 	Corporation	  	  	N
					
	 MRC Transmark France SAS
	  	MRC Transmark Group B.V.	  	 	100	% 	 	 	Corporation	  	  	N
					
	 Heaton Valves Limited
	  	MRC Transmark Limited (UK)	  	 	100	%2 	 	 	Corporation	  	  	N
					
	 Transmark International Limited
	  	MRC Transmark Limited (UK)	  	 	100	%3 	 	 	Corporation	  	  	N
					
	 Transmark Fortim Engineering Pte. Ltd.
	  	MRC Transmark Group B.V.	  	 	100	% 	 	 	Corporation	  	  	N
					
	 McJunkin de Angola, LDA
	  	McJunkin Red Man Development Corporation	  	 	51	% 	 	 	Corporation	  	  	N
					
		  	McJunkin Red Man Corporation	  	 	49	% 	 				  	

  
  

	2 	 Minority interests held by nominees. 

	3 	 Minority interests held by nominees. 

  
 - 22 -

													
	 Name
	  	 Owner
	  	Percentage
Ownership	 	 	Type	 	  	Material
Subsidiary
(Y/N)
	 McJunkin Venezuela NIT
	  	McJunkin Red Man Corporation	  	 	100	% 	 	 	Corporation	  	  	N
					
	 Midway-Tristate Corporation
	  	McJunkin Red Man Corporation	  	 	100	% 	 	 	Corporation	  	  	N
					
	 Red Man Pipe & Supply International Limited
	  	McJunkin Red Man Corporation	  	 	100	% 	 	 	Corporation	  	  	N
					
	 McJunkin Nigeria Limited (Nigeria)
	  	McJunkin Red Man Corporation	  	 	100	% 	 	 	Corporation	  	  	N
					
	 MRC SPF Pty Ltd.
	  	MRC Transmark Pty Ltd	  	 	100	% 	 	 	Corporation	  	  	N
					
	 MRC SPF Europe Ltd.
	  	MRC SPF Pty Ltd.	  	 	100	% 	 	 	Corporation	  	  	N
					
	 MRC SPF East Asia Co. Ltd.
	  	MRC SPF Pty Ltd.	  	 	100	% 	 	 	Corporation	  	  	N
					
	 MRC SPF Indonesia Pty Ltd.
	  	MRC SPF Pty Ltd.	  	 	100	% 	 	 	Corporation	  	  	N
					
	 PT SPF Indonesia
	  	MRC SPF Pty Ltd.	  	 	99	% 	 	 	Corporation	  	  	N
					
		  	MRC SPF Indonesia Pty Ltd.	  	 	1	% 	 	 	Corporation	  	  	N
					
	 MRC SPF Middle East Pty Ltd.
	  	MRC SPF Pty Ltd.	  	 	100	% 	 	 	Corporation	  	  	N
					
	 SPF Europe s.r.l
	  	MRC SPF Europe Ltd.	  	 	100	% 	 	 	Corporation	  	  	N
					
	 MRC SPF Scanfit Ltd.
	  	MRC SPF Europe Ltd.	  	 	100	% 	 	 	Corporation	  	  	N
					
	 MRC Transmark Kazakhstan
	  	MRC Transmark B.V.	  	 	90	% 	 	 	Corporation	  	  	N
					
	 MRC Transmark Leymas Valve Co., Ltd.
	  	MRC Transmark Group B.V.	  	 	60	% 	 	 	Corporation	  	  	N

  

	(b)	Excluded Subsidiaries 

 None. 

  
 - 23 -

 Schedule 10.1.11 

Permitted Transactions with Affiliates 
 None. 

  
 - 24 -

 Schedule 10.1.16 
 (i) Post-Closing Actions 
  

			
	 Action
	  	 Date

	(1) Deposit Account Control Agreements over Deposit Accounts other than Excluded Deposit Accounts and Dominion Accounts with relevant banks.	  	90 days
		
	(2) Shareholder resolutions re: article 556 of Belgian Companies Code.	  	15 days
		
	(3) Australian Borrowers and UK Borrowers to request in writing that their Account Debtors make payments directly to Dominion Accounts maintained with Bank of America (Australia)
and Bank of America (London), respectively.	  	30 days
		
	(4) Australian Borrowers, Belgian Borrower, Dutch Borrowers and UK Borrowers to close their accounts receivable collection accounts maintained with financial institutions other than
Bank of America.	  	90 days
		
	(5) Transmark Netherlands to close EUR Dominion account held with Rabobank.	  	60 days

 (ii) List of Non-Bank of America Dominion Accounts of the Australian and UK Borrowers 

 

							
	 Holder
	  	 Institution
	  	 Account Number
	  	 Description

	 MRC Transmark Pty Ltd.
	  	HSBC	  	001-288877-001	  	AUD Dominion account
	 MRC Transmark Pty Ltd.
	  	HSBC	  	001-288877-900	  	EUR Dominion account
	 MRC Transmark Pty Ltd.
	  	HSBC	  	001-288877-159	  	GBP Dominion account
	 MRC Transmark Pty Ltd.
	  	HSBC	  	001-288877-160	  	USD Dominion account
	 MRC SPF Pty Ltd.
	  	HSBC	  	021-291190-001	  	AUD Dominion account
	 MRC SPF Pty Ltd.
	  	HSBC	  	021-291190-160	  	USD Dominion account
	 MRC SPF Pty Ltd.
	  	HSBC	  	021-291190-900	  	EUR Dominion account
	 MRC SPF Pty Ltd.
	  	HSBC	  	021-291190-159	  	GBP Dominion account
	 MRC Piping Systems
	  	HSBC	  	001-288877-002	  	AUD Dominion account

  
 - 25 -

							
	 Holder
	  	 Institution
	  	 Account Number
	  	 Description

	 MRC Piping Systems
	  	HSBC	  	001-288877-902	  	GBP Dominion account
	 MRC Piping Systems
	  	HSBC	  	001-288877-903	  	EUR Dominion account
	 MRC Piping Systems
	  	HSBC	  	001-288877-901	  	USD Dominion account
	 MRC Transmark Limited
	  	HSBC	  	400515-70681800	  	EUR Dominion account
	 MRC Transmark Limited
	  	HSBC	  	402715-04593715	  	GBP Dominion account
	 MRC Transmark Limited
	  	HSBC	  	400515-70683516	  	USD Dominion account
	 MRC Transmark (Dragon) Limited
	  	HSBC	  	402715-04593723	  	GBP Dominion account
	 MRC SPF Scanfit Limited
	  	HSBC	  	402085-30011312	  	GBP Dominion account
	 MRC SPF Scanfit Limited
	  	HSBC	  	400515-70211027	  	EUR Dominion account
	 MRC Transmark International B.V.
	  	HSBC	  	421-008673-001	  	EUR Dominion account
	 MRC Transmark International B.V.
	  	HSBC	  	421-008673-101	  	USD Dominion account
	 MRC Transmark International B.V.
	  	HSBC	  	421-008673-102	  	GBP Dominion account
	 MRC Transmark B.V.
	  	HSBC	  	421-007832-001	  	EUR Dominion account
	 MRC Transmark B.V.
	  	HSBC	  	421-007832-102	  	GBP Dominion account
	 MRC Transmark B.V.
	  	HSBC	  	421-007832-101	  	USD Dominion account
	 MRC Transmark B.V.
	  	Rabobank	  	1010.00.669	  	EUR Dominion account
	 MRC Transmark NV
	  	HSBC	  	401-000328-001	  	EUR Dominion account
	 MRC Transmark NV
	  	HSBC	  	401-000328-102	  	GBP Dominion account
	 MRC Transmark NV
	  	HSBC	  	401-000328-103	  	JPY Dominion account
	 MRC Transmark NV
	  	HSBC	  	401-000328-101	  	USD Dominion account

  
 - 26 -

 Schedule 10.2.1 

Existing Indebtedness 
 (a) Capital Leases 
  

															
	 Warehouse
	  	State	  	 County
	  	 Lessor
	  	Amount	 	  	Expiration	 
	 Branch 023 - St. Louis
	  	MO	  	Independent City	  	Hansford Associates, LP	  	$	133,245	  	  	 	09/30/2014	  
	 Branch 026 - Augusta
	  	GA	  	Richmond	  	Hansford Associates, LP	  	$	168,758	  	  	 	12/31/2014	  
	 Branch 097 - Texas City
	  	TX	  	Galveston	  	Hansford Associates, LP	  	$	184,356	  	  	 	12/31/2022	  
	 Branch 021 - Calvert City
	  	KY	  	Marshall	  	Hansford Associates, LP	  	$	246,457	  	  	 	10/31/2016	  
	 Branch 030 - Charleston
	  	SC	  	Charleston	  	Hansford Associates, LP	  	$	77,385	  	  	 	12/31/2013	  
	 Branch 110 - Rock Springs
	  	WY	  	Sweetwater	  	Hansford Associates, LP	  	$	142,142	  	  	 	03/31/2022	  
	 Branch 112 - Bakersfield
	  	CA	  	Kern	  	Hansford Associates, LP	  	$	1,037,637	  	  	 	03/31/2022	  

 (b) Other Indebtedness 
  

													
	 Lender
	  	 Borrower
	  	Currency	  	Amount	 	  	Issue Date	  	 Maturity

						
	 BNP Paribas
	  	MRC Transmark France SAS	  	EUR	  	 	5,117,749	  	  	January
2006	  	No maturity

 USD$4,409,030.71 incurred by MRC SPF Pty Ltd pursuant to the letter of credit/import line facilities documented by a
letter of offer dated 28 November 2011 (the “Letter of Offer”) between MRC SPF Pty Ltd, MRC Transmark Holdings UK Limited and HSBC Bank Australia Limited. 
 AUD10,000,000 limited recourse guarantee and indemnity provided by MRC Transmark Holdings UK Limited to MRC SPF Pty Ltd in respect of the Letter of Offer. 

  
 - 27 -

 Schedule 10.2.2 

Existing Liens 

None 

  
 - 28 -

 Schedule 10.2.4 

Non-Core Assets 

None 

  
 - 29 -

 Schedule 10.2.5 

Permitted Investments 
 $155,357 Investment in Modern Sales Cooperative 
 $52,388 Investment in club memberships and
long-term sporting event seating licenses 

  
 - 30 -

 Schedule 10.2.10 

Permitted Burdensome Agreements 
 None 

  
 - 31 -

 Schedule 13.3.3 

Permitted Assignees 

Any transaction where Goldman Sachs Lending Partners LLC, Goldman Sachs Credit Partners L.P. or any of their respective successors becomes a Lender
hereunder 

  
 - 32 -

  
 

 

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	MIDFIELD SUPPLY, ULC-ATHABASCA, AB	 	4014 - 53 STREET	 	ATHABASCA	 	AB	 	T9S1A7	 	FF	 	$	1,721,251	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-BONNYVILLE, AB	 	5709 52ND AVE	 	BONNYVILLE	 	AB	 	T9N2H4	 	FF	 	$	455,405	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-BONNYVILLE, AB	 	6504 50TH AVE	 	BONNYVILLE	 	AB	 	T9N2M6	 	FF	 	$	5,472,255	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-BROOKS, AB	 	1140 - 2 STREET	 	BROOKS	 	AB	 	T1R1B8	 	FF	 	$	2,845,331	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-CALGARY, AB	 	SUN LIFE PLAZA, WEST TOWER, SUITE 2500, 144-4TH AVE SW	 	CALGARY	 	AB	 	T2P3N4	 	FF	 	$	26,238	  	 	Leased	  	MIDFIELD SUPPLY ULC
	CLARESHOLM-CLARESHOLM, AB	 	4209 - STREET EAST	 	CLARESHOLM	 	AB	 	T0L0T0	 	SATELLITE	 	$	199,409	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-CONSORT, AB	 	5308 - 44 STREET	 	CONSORT	 	AB	 	T0C1B0	 	FF	 	$	666,183	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-CORONATION, AB	 	4457 VICTORIA AVE	 	CORONATION	 	AB	 	T0C1C0	 	FF	 	$	511,056	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-DRAYTON VALLEY, AB	 	2449 - 50 STREET	 	DRAYTON VALLEY	 	AB	 	T7A1S1	 	FF	 	$	1,340,710	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-DRUMHELLER, AB	 	840 RAILWAY AVE	 	DRUMHELLER	 	AB	 	T0J0Y0	 	FF	 	$	885,597	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MRC - FB INVENTORY-DRUMHELLER, AB	 	840 RAILWAY AVE	 	DRUMHELLER	 	AB	 	T0J0Y0	 	INTERNAL	 	$	1,370,008	  	 	Leased	  	MIDFIELD SUPPLY ULC
	375 PROJECTS-EDMONTON, AB	 	4103 - 53RD AVENUE	 	EDMONTON	 	AB	 	T6B3R5	 	SATELLITE	 	$	5,558,380	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MRC - NISKU VALVE ANNEX-EDMONTON, AB	 	4103 - 53RD AVE	 	EDMONTON	 	AB	 	T6B3R5	 	SATELLITE	 	$	1,130,360	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-EDSON, AB	 	5907A - 4 AVE	 	EDSON	 	AB	 	T7E1L9	 	FF	 	$	1,288,287	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-ELK POINT, AB	 	4601 - 50 AVE	 	ELK POINT	 	AB	 	T0A1A0	 	FF	 	$	1,729,750	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-FOX CREEK, AB	 	204B HIGHWAY AVE	 	FOX CREEK	 	AB	 	T0H1P0	 	FF	 	$	868,761	  	 	Leased	  	MIDFIELD SUPPLY ULC
	CONOCOPHILLIPS-GRANDE PRAIRIE, AB	 	12102 - 101 AVE	 	GRANDE PRAIRIE	 	AB	 	T8V8A9	 	CUSTOMER
BAILMENT	 	$	5,026	  	 	Leased	  	MIDFIELD SUPPLY ULC

  
 - 1 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	MIDFIELD SUPPLY, ULC-GRANDE PRAIRIE, AB	 	12102 - 101 AVE	 	GRANDE PRAIRIE	 	AB	 	T8V8A9	 	FF	 	$	3,021,047	  	 	Leased	  	MIDFIELD SUPPLY ULC
	HANNA-HANNA, AB	 	BAY 1, 508 RAILWAY AVE W	 	HANNA	 	AB	 	T0J1P0	 	SATELLITE	 	$	279,079	  	 	Leased	  	MIDFIELD SUPPLY ULC
	APACHE ZAMA-HIGH LEVEL, AB	 	10498 - 93 ST	 	HIGH LEVEL	 	AB	 	T0H1Z0	 	SATELLITE	 	$	251,997	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-HIGH LEVEL, AB	 	10498 - 93 ST	 	HIGH LEVEL	 	AB	 	T0H1Z0	 	FF	 	$	793,642	  	 	Leased	  	MIDFIELD SUPPLY ULC
	HINTON-HINTON, AB	 	173 HAMPSHIRE ROAD	 	HINTON	 	AB	 	T7V1G9	 	SATELLITE	 	$	482,268	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MRC PROJECTS - PIPE YARD-LEDUC, AB	 	3904 ALLARD WAY	 	LEDUC	 	AB	 	T9E0R8	 	SATELLITE	 	$	1,041,388	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-LLOYDMINSTER, AB	 	5105 - 63 STREET	 	LLOYDMINSTER	 	AB	 	T9V2E7	 	FF	 	$	1,368,552	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-LLOYDMINSTER, AB	 	6102 56TH STREET	 	LLOYDMINSTER	 	AB	 	T9V3A9	 	FF	 	$	4,233,642	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MRC MIDFIELD TRUCKS-LLOYDMINSTER, AB	 	5105 - 63 STREET	 	LLOYDMINSTER	 	AB	 	T9V2E7	 	TRUCK
STOCK	 	$	9,476	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MRC MIDFIELD TRUCKS-LLOYDMINSTER, AB	 	5105 - 63 STREET	 	LLOYDMINSTER	 	AB	 	T9V2E7	 	TRUCK
STOCK	 	$	17,547	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MRC MIDFIELD TRUCKS-LLOYDMINSTER, AB	 	5105 - 63 STREET	 	LLOYDMINSTER	 	AB	 	T9V2E7	 	TRUCK
STOCK	 	$	8,000	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MRC MIDFIELD TRUCKS-LLOYDMINSTER, AB	 	5105 - 63 STREET	 	LLOYDMINSTER	 	AB	 	T9V2E7	 	TRUCK
STOCK	 	$	21,500	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MRC MIDFIELD TRUCKS-LLOYDMINSTER, AB	 	5105 - 63 STREET	 	LLOYDMINSTER	 	AB	 	T9V2E7	 	TRUCK
STOCK	 	$	14,657	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MRC MIDFIELD TRUCKS-LLOYDMINSTER, AB	 	5105 - 63 STREET	 	LLOYDMINSTER	 	AB	 	T9V2E7	 	TRUCK
STOCK	 	$	919	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MRC MIDFIELD TRUCKS-LLOYDMINSTER, AB	 	5105 - 63 STREET	 	LLOYDMINSTER	 	AB	 	T9V2E7	 	TRUCK
STOCK	 	$	18,053	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MRC MIDFIELD TRUCKS-LLOYDMINSTER, AB	 	5105 - 63 STREET	 	LLOYDMINSTER	 	AB	 	T9V2E7	 	TRUCK
STOCK	 	$	12,137	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MRC MIDFIELD TRUCKS-LLOYDMINSTER, AB	 	5105 - 63 STREET	 	LLOYDMINSTER	 	AB	 	T9V2E7	 	TRUCK
STOCK	 	$	6,649	  	 	Leased	  	MIDFIELD SUPPLY ULC

  
 - 2 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	MRC MIDFIELD TRUCKS-LLOYDMINSTER, AB	 	5105 - 63 STREET	 	LLOYDMINSTER	 	AB	 	T9V2E7	 	TRUCK
STOCK	 	$	7,784	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MRC MIDFIELD TRUCKS-LLOYDMINSTER, AB	 	5105 - 63 STREET	 	LLOYDMINSTER	 	AB	 	T9V2E7	 	TRUCK
STOCK	 	$	5,873	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-MEDICINE HAT, AB	 	1702 10TH AVE SW	 	MEDICINE HAT	 	AB	 	T1A7T9	 	FF	 	$	484,093	  	 	Leased	  	MIDFIELD SUPPLY ULC
	NISKU RDC PHANTOM-NISKU, AB	 	502 - 25 AVENUE	 	NISKU	 	AB	 	T9E0K6	 	SATELLITE	 	$	261,878	  	 	Leased	  	MIDFIELD SUPPLY ULC
	SUCKER RODS (R&M ENERGY)-NISKU, AB	 	502 - 25 AVE	 	NISKU	 	AB	 	T9E0K6	 	THIRD
PARTY -
PBB	 	$	756,250	  	 	Leased	  	MIDFIELD SUPPLY ULC
	SUCKER RODS (RG INDUSTRIES)-NISKU, AB	 	502 - 25 AVE	 	NISKU	 	AB	 	T9E0K6	 	THIRD
PARTY -
PBB	 	$	1,024,613	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-PEACE RIVER, AB	 	8102 - 102 AVE	 	PEACE RIVER	 	AB	 	T8S1S7	 	FF	 	$	1,376,981	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-PROVOST, AB	 	5319 - 38 STREET	 	PROVOST	 	AB	 	T0B3S0	 	FF	 	$	637,371	  	 	Leased	  	MIDFIELD SUPPLY ULC
	HUSKY RAINBOW LAKE-RAINBOW LAKE, AB	 	HOME ROAD & HIGHWAY 53	 	RAINBOW LAKE	 	AB	 	T0H2Y0	 	CUSTOMER
BAILMENT	 	$	172,099	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-RAINBOW LAKE, AB	 	HOME ROAD & HIGHWAY 53	 	RAINBOW LAKE	 	AB	 	T0H2Y0	 	FF	 	$	758,666	  	 	Leased	  	MIDFIELD SUPPLY ULC
	RIMBEY-RIMBEY, AB	 	5020 - 45 AVE	 	RIMBEY	 	AB	 	T0C2J0	 	SATELLITE	 	$	286,535	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-ROCKY MTN HOUSE, AB	 	4519 - 43 STREET	 	ROCKY MTN HOUSE	 	AB	 	T4T1A9	 	FF	 	$	1,536,791	  	 	Leased	  	MIDFIELD SUPPLY ULC
	STETTLER-STETTLER, AB	 	BOX 1693	 	STETTLER	 	AB	 	T0C2L0	 	SATELLITE	 	$	403,444	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-SWAN HILLS, AB	 	4631 FEDERATED ROAD	 	SWAN HILLS	 	AB	 	T0G2C0	 	FF	 	$	549,816	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-TABER, AB	 	6202 - 64 STREET	 	TABER	 	AB	 	T1G1Z3	 	FF	 	$	913,993	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-WAINWRIGHT, AB	 	106 - 16 AVE	 	WAINWRIGHT	 	AB	 	T9W1L5	 	FF	 	$	874,113	  	 	Leased	  	MIDFIELD SUPPLY ULC

  
 - 3 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	WAINWRIGHT-WAINWRIGHT, AB	 	106 - 16 AVE	 	WAINWRIGHT	 	AB	 	T9W1L5	 	CLOSED	 	$	4	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-WHITECOURT, AB	 	BAY #1, 3430 33 STREET	 	WHITECOURT	 	AB	 	T7S1X4	 	FF	 	$	837,834	  	 	Leased	  	MIDFIELD SUPPLY ULC
	ANCHORAGE, AK	 	2799 RAMPART DRIVE	 	ANCHORAGE	 	AK	 	99501	 	FF	 	$	1,579,139	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	SOLDOTNA, AK	 	35159 K-B DRIVE, SUITE B	 	SOLDOTNA	 	AK	 	99669	 	FF	 	$	1,289,895	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	COTTONDALE, AL	 	5477 SKYLAND BLVD EAST	 	COTTONDALE	 	AL	 	35453	 	SATELLITE	 	$	641,985	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	DECATUR, AL	 	668 MCENTIRE LANE	 	DECATUR	 	AL	 	35601	 	FF	 	$	433,770	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	MRC FLOMATON-FLOMATON, AL	 	505 HOUSTON STREET	 	FLOMATON	 	AL	 	36441	 	SATELLITE	 	$	151,066	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	SEARCY, AR	 	1720 QUEENSWAY STREET, SUITE B	 	SEARCY	 	AR	 	72143	 	FF	 	$	940,673	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	MIDFIELD SUPPLY, ULC-DAWSON CREEK, BC	 	LOT 12-49, VIC TURNER ROAD & HWY 2	 	DAWSON CREEK	 	BC	 	V1G1W3	 	FF	 	$	822,807	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-FORT NELSON, BC	 	4851 - 44 AVE	 	FORT NELSON	 	BC	 	V0C1R0	 	FF	 	$	472,730	  	 	Leased	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-FORT ST JOHN, BC	 	8529 - 100 STREET	 	FORT ST. JOHN	 	BC	 	V1J3W7	 	FF	 	$	1,002,773	  	 	Leased	  	MIDFIELD SUPPLY ULC
	CNRL HELMUT-FORT NELSON, BC	 	4851 - 44 AVE	 	HELMUT	 	BC	 	V0C1R0	 	CUSTOMER
BAILMENT	 	$	99,994	  	 	Leased	  	MIDFIELD SUPPLY ULC
	BAKERSFIELD, CA	 	3000 PEGASUS DRIVE	 	BAKERSFIELD	 	CA	 	93308	 	FF	 	$	12,301,871	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CONTROLS-BAKERSFIELD, CA	 	3000 PEGASUS DRIVE	 	BAKERSFIELD	 	CA	 	93308	 	FF	 	$	498,136	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION

  
 - 4 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	BENICIA, CA	 	3110 BAYSHORE ROAD	 	BENICIA	 	CA	 	94510	 	FF	 	$	7,833,034	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CONTROLS-BENICIA, CA	 	3110 BAYSHORE ROAD	 	BENICIA	 	CA	 	94510	 	FF	 	$	855,412	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CARSON, CA	 	1555 E DEL AMO BLVD	 	CARSON	 	CA	 	90746	 	FF	 	$	1,778,569	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CONTROLS-CARSON, CA	 	1555 E DEL AMO BLVD	 	CARSON	 	CA	 	90746	 	FF	 	$	61,253	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CHEVRON CORPORATION-FELLOWS, CA	 	26407 HIGHWAY 33	 	FELLOWS	 	CA	 	93224	 	CUSTOMER
BAILMENT	 	$	3,146	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	FELLOWS, CA	 	26407 HIGHWAY 33	 	FELLOWS	 	CA	 	93224	 	FF	 	$	1,705,196	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-VENTURA, CA	 	1800 SCHOOL CANYON ROAD	 	VENTURA	 	CA	 	93001	 	CUSTOMER
BAILMENT	 	$	5,078	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-VENTURA, CA	 	1800 SCHOOL CANYON ROAD	 	VENTURA	 	CA	 	93001	 	CUSTOMER
BAILMENT	 	$	2,936	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-VENTURA, CA	 	1800 SCHOOL CANYON ROAD	 	VENTURA	 	CA	 	93001	 	CUSTOMER
BAILMENT	 	$	1,360	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-VENTURA, CA	 	1800 SCHOOL CANYON ROAD	 	VENTURA	 	CA	 	93001	 	CUSTOMER
BAILMENT	 	$	2,639	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-VENTURA, CA	 	1800 SCHOOL CANYON ROAD	 	VENTURA	 	CA	 	93001	 	CUSTOMER
BAILMENT	 	$	559	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION

  
 - 5 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	DENVER, CO	 	4295 KEARNEY ST	 	DENVER	 	CO	 	80216	 	FF	 	$	1,562,433	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	EVANS, CO	 	4049 CARSON AVE	 	EVANS	 	CO	 	80620	 	FF	 	$	6,850,451	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	GRAND JUNCTION, CO	 	640 S 12TH STREET	 	GRAND JUNCTION	 	CO	 	81501	 	FF	 	$	365,224	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	RIFLE, CO	 	2001 COUNTY ROAD 319	 	RIFLE	 	CO	 	81650	 	FF	 	$	2,234,927	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	JACKSONVILLE, FL	 	5440 HIGHWAY AVENUE	 	JACKSONVILLE	 	FL	 	32254	 	FF	 	$	698,358	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	AUGUSTA, GA	 	519 LANEY WALKER BLVD	 	AUGUSTA	 	GA	 	30901	 	FF	 	$	530,158	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CONTROLS-AUGUSTA, GA	 	519 LANEY WALKER BLVD.	 	AUGUSTA	 	GA	 	30901	 	FF	 	$	419,589	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	ATLANTA, GA	 	4411 BIBB BLVD	 	TUCKER	 	GA	 	30084	 	FF	 	$	4,745,960	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	DAVENPORT, IA	 	5109 TREMONT AVENUE	 	DAVENPORT	 	IA	 	52807	 	FF	 	$	57,842	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	ST. LOUIS, MO	 	3672 HIGHWAY 111	 	GRANITE CITY	 	IL	 	62040	 	FF	 	$	525,194	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	JOLIET, IL	 	4026 MOUND ROAD	 	JOLIET	 	IL	 	60436	 	FF	 	$	669,764	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	INDIANAPOLIS, IN	 	8399 ZIONSVILLE ROAD	 	INDIANAPOLIS	 	IN	 	46268	 	FF	 	$	2,935,634	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION

  
 - 6 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	PYROMATION/DEISTER UNIQUE MATERIAL-INDIANAPOLIS, IN	 	8399 ZIONSVILLE ROAD	 	INDIANAPOLIS	 	IN	 	46268	 	INTERNAL	 	$	13,419	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CONTROLS-MUNSTER, IN	 	101 45TH AVENUE, UNIT #1	 	MUNSTER	 	IN	 	46321	 	FF	 	$	375,490	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	MUNSTER, IN	 	101 45TH AVENUE, UNIT #1	 	MUNSTER	 	IN	 	46321	 	FF	 	$	12,105,591	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	MUNSTER, IN	 	101 45TH AVENUE, UNIT #1	 	MUNSTER	 	IN	 	46321	 	FF	 	$	85,011	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	PRATT, KS	 	40061 NORTH 281 HWY	 	PRATT	 	KS	 	67124	 	FF	 	$	2,401,420	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	ULYSSES, KS	 	2300 WEST OKLAHOMA	 	ULYSSES	 	KS	 	67880	 	FF	 	$	610,414	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	ASHLAND WAREHOUSE-ASHLAND, KY	 	12005 VIRGINIA BLVD	 	ASHLAND	 	KY	 	41102	 	SATELLITE	 	$	356,476	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CALVERT CITY, KY	 	4505 GILBERTSVILLE HWY	 	CALVERT CITY	 	KY	 	42029	 	FF	 	$	822,457	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CORBIN, KY	 	3123 CUMBERLAND FALLS HWY	 	CORBIN	 	KY	 	40701	 	FF	 	$	1,354,293	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	LOUISVILLE, KY	 	3405 KRAMERS LANE	 	LOUISVILLE	 	KY	 	40216	 	FF	 	$	1,183,940	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	PIKEVILLE, KY	 	389 TOLLAGE ROAD	 	PIKEVILLE	 	KY	 	41501	 	FF	 	$	4,070,273	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	ARCADIA, LA	 	730 FIRST STREET	 	ARCADIA	 	LA	 	71001	 	FF	 	$	490,454	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	HARVEY, LA	 	1100 1ST AVENUE	 	HARVEY	 	LA	 	70058	 	FF	 	$	2,104,771	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION

  
 - 7 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	AUTOMATION SHOP-BATON ROUGE, LA	 	1050 COMMERCIAL DR	 	PORT ALLEN	 	LA	 	70767	 	FF	 	$	192,910	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	SHREVEPORT, LA	 	9104 LINWOOD AVE	 	SHREVEPORT	 	LA	 	71106	 	FF	 	$	3,782,545	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	LAKE CHARLES, LA	 	804 PPG DRIVE, BUILDING F	 	WESTLAKE	 	LA	 	70669	 	FF	 	$	971,373	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	MIDFIELD SUPPLY, ULC-VIRDEN, MB	 	#1 HWY & JUNCTION 259	 	VIRDEN	 	MB	 	R0M2C0	 	FF	 	$	542,757	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	GAYLORD, MI	 	1733 O’ROURKE BLVD	 	GAYLORD	 	MI	 	49735	 	FF	 	$	463,685	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	JET SUBSURFACE-GAYLORD, MI	 	1733 O’ROURKE BLVD	 	GAYLORD	 	MI	 	49735	 	CUSTOMER
BAILMENT	 	$	1,306	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	KALKASKA, MI	 	2606 US 131 NORTH	 	KALKASKA	 	MI	 	49646	 	FF	 	$	519,382	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	MASON, MI	 	4149 LEGION DRIVE	 	MASON	 	MI	 	48854	 	FF	 	$	845,893	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	ST PAUL, MN	 	353 FILLMORE AVENUE EAST	 	ST. PAUL	 	MN	 	55107	 	FF	 	$	539,274	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	GRANDVIEW, MO	 	13907 CENTURY LANE	 	GRANDVIEW	 	MO	 	64030	 	FF	 	$	560,680	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	LABARGE PIPE & STEEL-ST LOUIS, MO	 	7400 SOUTH BROADWAY	 	ST LOUIS	 	MO	 	63111	 	THIRD
PARTY -
LINE
PIPE	 	$	3,621,364	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	LAUREL, MS	 	3051 INDUSTRIAL BOULEVARD	 	LAUREL	 	MS	 	39440	 	FF	 	$	819,621	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION

  
 - 8 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	MOBILE, AL	 	8013 HIGHWAY 90	 	MOSS POINT	 	MS	 	39563	 	FF	 	$	1,644,273	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	BILLINGS, MT	 	1224 CORDOVA LANE, UNIT 2	 	BILLINGS	 	MT	 	59101	 	FF	 	$	379,999	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	SIDNEY, MT	 	2650 S CENTRAL	 	SIDNEY	 	MT	 	59270	 	FF	 	$	1,306,719	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CHARLOTTE, NC	 	4301 YANCEY ROAD, SUITE MRC	 	CHARLOTTE	 	NC	 	28217	 	FF	 	$	1,255,487	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	PIEDMONT NATURAL GAS-CHARLOTTE, NC	 	4301 YANCEY ROAD	 	CHARLOTTE	 	NC	 	28217	 	CUSTOMER
BAILMENT	 	$	10,028	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	MRC GOLDSBORO-DUDLEY, NC	 	250-A FIVE POINTS ROAD	 	DUDLEY	 	NC	 	28333	 	SATELLITE	 	$	464,120	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	PIEDMONT NATURAL GAS-DUDLEY, NC	 	250 FIVE POINTS ROAD	 	DUDLEY	 	NC	 	28333	 	CUSTOMER
BAILMENT	 	$	16,674	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	WILMINGTON, NC	 	3340A HWY 421 NORTH	 	WILMINGTON	 	NC	 	28401	 	FF	 	$	126,779	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	BELFIELD, ND	 	1086 HIGHWAY 10 EAST	 	BELFIELD	 	ND	 	58622	 	FF	 	$	6,775,895	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	MOHALL, ND	 	103 1ST AVE NW	 	MOHALL	 	ND	 	58761	 	FF	 	$	1,954,950	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	STANLEY, ND	 	6161 HWY 8	 	STANLEY	 	ND	 	58784	 	FF	 	$	2,052,898	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	TIOGA, ND	 	HWY 40 & SIGNAL RD	 	TIOGA	 	ND	 	58852	 	FF	 	$	3,486,540	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION

  
 - 9 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	WILLISTON, ND	 	4928 HWY 85, MADISON RIDGE #400	 	WILLISTON	 	ND	 	58801	 	FF	 	$	8,185,624	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	EAST BRUNSWICK, NJ	 	28 KENNEDY BLVD, SUITE 100	 	EAST BRUNSWICK	 	NJ	 	08816	 	FF	 	$	3,062,978	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	WATERFORD, NJ	 	305 CENTER AVE	 	WATERFORD WORKS	 	NJ	 	08089	 	FF	 	$	1,886,842	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	ALBUQUERQUE, NM	 	514 CARMONY NE	 	ALBUQUERQUE	 	NM	 	87107	 	FF	 	$	939,480	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	ARTESIA, NM	 	200 EAST MAIN STREET	 	ARTESIA	 	NM	 	88210	 	FF	 	$	1,349,929	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	FARMINGTON, NM	 	2400 BLOOMFIELD HWY	 	FARMINGTON	 	NM	 	87401	 	FF	 	$	3,249,512	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	LOVINGTON, NM	 	306 E AVE D	 	LOVINGTON	 	NM	 	88260	 	FF	 	$	1,023,930	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	HORSEHEADS NY PIPE YARD-HORSEHEADS, NY	 	224 NORTH MAIN ST., BUILDING 13-1	 	HORSEHEADS	 	NY	 	14845	 	SATELLITE	 	$	6,735,230	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	HORSEHEADS, NY	 	224 NORTH MAIN STREET, BUILDING 13-1	 	HORSEHEADS	 	NY	 	14845	 	FF	 	$	15,934,428	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	AUSTINTOWN, OH	 	5550 DUNLAP ROAD	 	AUSTINTOWN	 	OH	 	44515	 	FF	 	$	606,321	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CINCINNATI, OH	 	7275 EDINGTON DRIVE	 	CINCINNATI	 	OH	 	45249	 	FF	 	$	593,306	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CONTROLS-CINCINNATI, OH	 	7275 EDINGTON DRIVE	 	CINCINNATI	 	OH	 	45249	 	FF	 	$	802,797	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	COLUMBUS, OH	 	1003 DISTRIBUTION DRIVE, UNIT F	 	COLUMBUS	 	OH	 	43228	 	FF	 	$	5,189,673	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION

  
 - 10 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	MARIETTA, OH	 	235 MITCHELL’S LANE	 	MARIETTA	 	OH	 	45750	 	FF	 	$	134,502	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CLEVELAND, OH	 	4704 HUDSON DR	 	STOW	 	OH	 	44224	 	FF	 	$	2,664,818	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	TOLEDO QUALITY NIPPLES-TOLEDO, OH	 	3110 FRENCHMENS ROAD	 	TOLEDO	 	OH	 	43607	 	INTERNAL	 	$	76,847	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	TOLEDO, OH	 	3110 FRENCHMENS ROAD	 	TOLEDO	 	OH	 	43607	 	FF	 	$	1,699,602	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	MCALESTER, OK	 	101 EAST HIGHWAY 270	 	ALDERSON	 	OK	 	74522	 	FF	 	$	1,176,952	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	ARDMORE, OK	 	621 1/2 INTERSTATE DRIVE	 	ARDMORE	 	OK	 	73401	 	FF	 	$	407,497	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	ELK CITY, OK	 	315 WEST 20TH STREET	 	ELK CITY	 	OK	 	73644	 	FF	 	$	3,538,566	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	LINDSAY, OK	 	603 S. E. 4TH	 	LINDSAY	 	OK	 	73052	 	FF	 	$	1,027,080	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CHESAPEAKE-OKLAHOMA CITY, OK	 	9327 W RENO	 	OKLAHOMA CITY	 	OK	 	73127	 	INTERNAL	 	$	2,058,594	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	OKLAHOMA CITY, OK	 	9327 W RENO	 	OKLAHOMA CITY	 	OK	 	73127	 	FF	 	$	5,928,740	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	PONCA CITY, OK	 	3400 S 7TH STREET	 	PONCA CITY	 	OK	 	74601	 	FF	 	$	469,057	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	AUTOMATION-TULSA, OK	 	1336 NORTH 143RD EAST AVE	 	TULSA	 	OK	 	74116	 	FF	 	$	774,419	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	TULSA, OK	 	1336 NORTH 143RD EAST AVE	 	TULSA	 	OK	 	74116	 	FF	 	$	4,235,432	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION

  
 - 11 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	WAYNOKA SATELLITE-WAYNOKA, OK	 	942 MAIN ST	 	WAYNOKA	 	OK	 	73860	 	SATELLITE	 	$	374,829	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	WOODWARD, OK	 	3920 OKLAHOMA AVE	 	WOODWARD	 	OK	 	73801	 	FF	 	$	2,592,274	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	MIDFIELD SUPPLY, ULC-CORUNNA, ON	 	487 POLYMOORE DRIVE	 	CORUNNA	 	ON	 	N0N1G0	 	FF	 	$	1,045,305	  	 	Leased	  	MIDFIELD SUPPLY ULC
	BRADFORD, PA	 	1061 LAFFERTY LANE	 	BRADFORD	 	PA	 	16701	 	FF	 	$	2,069,836	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	PITTSBURGH, PA	 	1103 STATION STREET	 	CORAOPOLIS	 	PA	 	15108	 	FF	 	$	4,649,468	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	MRC - SOUTH JERSEY GAS-EDDYSTONE, PA	 	1001 INDUSTRIAL HWY, BLDG C	 	EDDYSTONE	 	PA	 	19022	 	INTERNAL	 	$	92,532	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	PHILADELPHIA, PA	 	1001 INDUSTRIAL HIGHWAY, BUILDING C	 	EDDYSTONE	 	PA	 	19022	 	FF	 	$	510,146	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	INDIANA BRANCH	 	480 GEESEY ROAD	 	INDIANA	 	PA	 	15701	 	SATELLITE	 	$	3,904,500	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	INDIANA, PA	 	480 GEESEY ROAD	 	INDIANA	 	PA	 	15701	 	FF	 	$	2,272,215	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	LOCK HAVEN PA-LOCK HAVEN, PA	 	1582 WOODWARD AVE	 	LOCK HAVEN	 	PA	 	17745	 	SATELLITE	 	$	3,322,203	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	MRC WEST ALEXANDER-WEST ALEXANDER, PA	 	947 OLD BRICK RD AND GREAVES RD	 	WEST ALEXANDER	 	PA	 	15323	 	THIRD
PARTY -
PBB	 	$	3,372,971	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	NORTH CHARLESTON, SC	 	5945 COMMERCE CIRCLE	 	NORTH CHARLESTON	 	SC	 	29406	 	FF	 	$	657,691	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION

  
 - 12 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	  	 ADDRESS
	  	 CITY
	  	 STATE
	  	 POSTCODE
	  	 RBTYPE
	  	 INVENTORY
VALUE
	 	  	 LEASED/
 OWNED
	  	PERFECTION
ENTITY
	BERT BAXTER-ESTEVAN-ESTEVAN, SK	  	301
KENSINGTON
AVENUE	  	ESTEVAM	  	SK	  	S4A2L7	  	THIRD
PARTY -
OCTG	  	$	15,132	  	  	Leased	  	MIDFIELD
SUPPLY ULC
	MIDFIELD SUPPLY, ULC-ESTEVAN, SK	  	307
KENSINGTON
AVE	  	ESTEVAN	  	SK	  	S4A2A1	  	FF	  	$	2,245,664	  	  	Leased	  	MIDFIELD
SUPPLY ULC
	MIDFIELD SUPPLY, ULC-GULL LAKE, SK	  	1119
RENFREW
STREET	  	GULL LAKE	  	SK	  	S0N1A0	  	FF	  	$	1,134,655	  	  	Leased	  	MIDFIELD
SUPPLY ULC
	MIDFIELD SUPPLY, ULC-MACKLIN, SK	  	5413 47TH
STREET	  	MACKLIN	  	SK	  	S0L2C0	  	FF	  	$	2,338,903	  	  	Leased	  	MIDFIELD
SUPPLY ULC
	MIDFIELD SUPPLY, ULC-SWIFT CURRENT, SK	  	2495 NORTH
SERVICE
ROAD	  	SWIFT
CURRENT	  	SK	  	S9H5L2	  	FF	  	$	723,560	  	  	Leased	  	MIDFIELD
SUPPLY ULC
	MIDFIELD SUPPLY, ULC-WEYBURN, SK	  	1733
RAILWAY
AVE	  	WEYBURN	  	SK	  	S4H3J9	  	FF	  	$	1,242,161	  	  	Leased	  	MIDFIELD
SUPPLY ULC
	KINGSPORT, TN	  	1037
TIDEWATER
COURT	  	KINGSPORT	  	TN	  	37660	  	FF	  	$	2,027,687	  	  	Leased	  	MCJUNKIN
RED MAN
CORPORATION
	MRC NASHVILLE-NASHVILLE, TN	  	83-A
CENTURY
BLVD	  	NASHVILLE	  	TN	  	37214	  	SATELLITE	  	$	714,522	  	  	Leased	  	MCJUNKIN
RED MAN
CORPORATION
	PIEDMONT NATURAL GAS-NASHVILLE, TN	  	83 CENTURY
BLVD	  	NASHVILLE	  	TN	  	37214	  	CUSTOMER
BAILMENT	  	$	73,231	  	  	Leased	  	MCJUNKIN
RED MAN
CORPORATION
	MCJUNKIN APPALACHIAN 9A7-OLIVER SPRINGS, TN	  	10435
PETROS
HIGHWAY	  	OLIVER
SPRINGS	  	TN	  	37845	  	SATELLITE	  	$	506,653	  	  	Leased	  	MCJUNKIN
RED MAN
CORPORATION
	ANDREWS, TX	  	1200 SOUTH
MAIN	  	ANDREWS	  	TX	  	79714	  	FF	  	$	738,380	  	  	Leased	  	MCJUNKIN
RED MAN
CORPORATION
	CARRIZO SPRINGS, TX	  	7166 HWY 83
SOUTH	  	ASHERTON	  	TX	  	78827	  	FF	  	$	2,185,148	  	  	Leased	  	MCJUNKIN
RED MAN
CORPORATION
	BEAUMONT, TX	  	6375
HIGHWAY
347	  	BEAUMONT	  	TX	  	77705	  	FF	  	$	1,081,444	  	  	Leased	  	MCJUNKIN
RED MAN
CORPORATION

  
 - 13 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	BRIDGEPORT, TX	 	207 INDUSTRIAL PARK	 	BRIDGEPORT	 	TX	 	76426	 	FF	 	$	2,325,149	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CANADIAN, TX	 	10870 US HWY 60	 	CANADIAN	 	TX	 	79014	 	FF	 	$	2,777,307	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CENTER, TX	 	139 CATCO DRIVE	 	CENTER	 	TX	 	75935	 	FF	 	$	433,400	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CORPUS CHRISTI, TX	 	1901 N CLARKWOOD BLDG 216	 	CORPUS CHRISTI	 	TX	 	78409	 	FF	 	$	869,827	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CRANE, TX	 	586 NORTH GASTON	 	CRANE	 	TX	 	79731	 	FF	 	$	540,763	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	DILLEY, TX	 	1064 W HWY 85	 	DILLEY	 	TX	 	78017	 	FF	 	$	727,734	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	FAIRFIELD, TX	 	377 SOUTH IH 45	 	FAIRFIELD	 	TX	 	75840	 	FF	 	$	1,272,305	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CONTROLS-GALENA PARK, TX	 	2333 CLINTON DRIVE	 	GALENA PARK	 	TX	 	77547	 	FF	 	$	8,413,536	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	GALENA PARK PIPE YARD-GALENA PARK, TX	 	2333 CLINTON DRIVE	 	GALENA PARK	 	TX	 	77547	 	SATELLITE	 	$	17,435,855	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	GALENA PARK, TX	 	2333 CLINTON DRIVE	 	GALENA PARK	 	TX	 	77547	 	FF	 	$	22,125,639	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	GONZALES, TX	 	261 OIL PATCH LN	 	GONZALES	 	TX	 	78629	 	FF	 	$	3,454,565	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	DALLAS, TX	 	841 HEINZ WAY	 	GRAND PRAIRIE	 	TX	 	75051	 	FF	 	$	6,536,567	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	GULF COAST HIGH YIELD-GRAND PRAIRIE, TX	 	841 HEINZ WAY	 	GRAND PRAIRIE	 	TX	 	75051	 	SATELLITE	 	$	4,332,621	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION

  
 - 14 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	HOUSTON OCTG-HOUSTON, TX	 	909 FANNIN, SUITE 3100	 	HOUSTON	 	TX	 	77010	 	FF	 	$	120,547	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	KENEDY, TX	 	8730 S HWY 181	 	KENEDY	 	TX	 	78119	 	FF	 	$	1,439,731	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	TEXAS CITY, TX	 	4705 HIGHWAY 1765	 	LA MARQUE	 	TX	 	77568	 	FF	 	$	1,016,575	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	LAREDO, TX	 	6339 HWY 359	 	LAREDO	 	TX	 	78043	 	FF	 	$	1,574,132	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	LONGVIEW, TX	 	1405 WEST COTTON, SUITE 100	 	LONGVIEW	 	TX	 	75604	 	FF	 	$	466,965	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	MISSION, TX	 	5500 WEST 107 HIGHWAY	 	MISSION	 	TX	 	78573	 	FF	 	$	1,984,123	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	ODESSA, TX	 	333 SOUTH WEST COUNTY RD	 	ODESSA	 	TX	 	79763	 	FF	 	$	11,371,859	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	PERRYTON, TX	 	513 S. E. NINTH ST.	 	PERRYTON	 	TX	 	79070	 	FF	 	$	1,732,562	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	SAN ANTONIO, TX	 	5855 FM 1346	 	SAN ANTONIO	 	TX	 	78220	 	FF	 	$	21,547,195	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	SYNDER, TX	 	3913 LAMESA HWY.	 	SNYDER	 	TX	 	79549	 	FF	 	$	362,359	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	ROOSEVELT, UT	 	1687 WEST HWY 40	 	ROOSEVELT	 	UT	 	84066	 	FF	 	$	1,973,795	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	VERNAL, UT	 	1360 EAST HWY 40	 	VERNAL	 	UT	 	84078	 	FF	 	$	5,157,293	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	NARROWS, VA	 	3520 VIRGINIA AVE	 	NARROWS	 	VA	 	24124	 	FF	 	$	758,485	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION

  
 - 15 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	NORTON, VA	 	ROUTE 757, HAWTHORNE DRIVE	 	NORTON	 	VA	 	24273	 	FF	 	$	2,317,477	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	RICHMOND, VA	 	2500 BELLWOOD ROAD	 	RICHMOND	 	VA	 	23237	 	FF	 	$	2,840,643	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	BELLINGHAM, WA	 	3974 HAMMER DRIVE	 	BELLINGHAM	 	WA	 	98226	 	FF	 	$	1,064,273	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	APPLETON, WI	 	2130 W PERSHING STREET	 	APPLETON	 	WI	 	54914	 	FF	 	$	127,431	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	MILWAUKEE, WI	 	200 WEST BODEN STREET	 	MILWAUKEE	 	WI	 	53207	 	FF	 	$	140,184	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	BUCKHANNON, WV	 	ROUTE 33 WEST	 	BUCKHANNON	 	WV	 	26201	 	FF	 	$	7,821,929	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	HURRICANE, WV	 	3384 TEAYS VALLEY ROAD	 	HURRICANE	 	WV	 	25526	 	FF	 	$	2,259,048	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS TRANSMISSION-NITRO, WV	 	MCJUNKIN ROAD	 	NITRO	 	WV	 	25143	 	INTERNAL	 	$	29,975	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CONTROLS-CHARLESTON, WV	 	MCJUNKIN ROAD	 	NITRO	 	WV	 	25143	 	FF	 	$	86,736	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	MOUNTAINEER FABRICATORS INC-NITRO, WV	 	MCJUNKIN ROAD	 	NITRO	 	WV	 	25143	 	INTERNAL	 	$	33	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	NITRO BRANCH	 	MCJUNKIN ROAD	 	NITRO	 	WV	 	25143	 	INTERNAL	 	$	13	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	NITRO STAGING-NITRO, WV	 	MCJUNKIN ROAD, NITRO BUILDING 3	 	NITRO	 	WV	 	25143	 	SATELLITE	 	$	388,914	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION

  
 - 16 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	NITRO, WV	 	MCJUNKIN ROAD	 	NITRO	 	WV	 	25143	 	FF	 	$	32,687,905	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	ST. ALBANS, WV	 	ROUTE 35 NORTH, WINFIELD ROAD	 	ST. ALBANS	 	WV	 	25177	 	SATELLITE	 	$	1,576,233	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CHEYENNE, WY	 	2852 CHRISTENSEN ROAD	 	CHEYENNE	 	WY	 	82007	 	FF	 	$	14,819,515	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	CONTROLS-CHEYENNE, WY	 	2852 CHRISTENSEN ROAD	 	CHEYENNE	 	WY	 	82007	 	FF	 	$	830,447	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	GILLETTE, WY	 	1471 GARMAN COURT	 	GILLETTE	 	WY	 	82716	 	FF	 	$	5,935,316	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	POWELL, WY	 	1175 PANTHER BLVD	 	POWELL	 	WY	 	82435	 	FF	 	$	471,716	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	RIVERTON, WY	 	25 COUNTRY ACRES ROAD	 	RIVERTON	 	WY	 	82501	 	FF	 	$	485,486	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	MRC ROCK SPRINGS-ROCK SPRINGS, WY	 	2221 WESTGATE DRIVE	 	ROCK SPRINGS	 	WY	 	82901	 	SATELLITE	 	$	7,295	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	ROCK SPRINGS, WY	 	2851 YELLOWSTONE ROAD	 	ROCK SPRINGS	 	WY	 	82901	 	FF	 	$	4,346,405	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	MIDFIELD SUPPLY, ULC-ANZAC, AB	 	105 OAK COURT	 	ANZAC	 	AB	 	T0P1J0	 	FF	 	$	907,269	  	 	Owned	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-CALGARY, AB	 	7072 - 112 AVE SE	 	CALGARY	 	AB	 	T2C4Z1	 	FF	 	$	20,225	  	 	Owned	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-CALGARY, AB	 	7072 - 112 AVE SE	 	CALGARY	 	AB	 	T2C4Z1	 	FF	 	$	464,892	  	 	Owned	  	MIDFIELD SUPPLY ULC
	MATERIAL MANAGEMENT DEAD STOCK 702-NISKU, AB	 	502 - 25TH AVENUE	 	NISKU	 	AB	 	T9E0K6	 	INTERNAL	 	$	61,581	  	 	Owned	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-NISKU, AB	 	502 - 25 AVE	 	NISKU	 	AB	 	T9E0K6	 	FF	 	$	294,847	  	 	Owned	  	MIDFIELD SUPPLY ULC

  
 - 17 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	MIDFIELD SUPPLY, ULC-NISKU, AB	 	502 - 25 AVE	 	NISKU	 	AB	 	T9E0K6	 	FF	 	$	46,957,354	  	 	Owned	  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-RED DEER, AB	 	7555 EDGAR INDUSTRIAL DR	 	RED DEER	 	AB	 	T4P3R2	 	FF	 	$	659,164	  	 	Owned	  	MIDFIELD SUPPLY ULC
	REDWATER-REDWATER, AB	 	4724 - 44 STREET	 	REDWATER	 	AB	 	T0A2W0	 	SATELLITE	 	$	385,693	  	 	Owned	  	MIDFIELD SUPPLY ULC
	ELKHART, KS	 	150 U.S. HIGHWAY 56	 	ELKHART	 	KS	 	67950	 	FF	 	$	870,833	  	 	Owned	  	MCJUNKIN RED MAN CORPORATION
	HOUMA, LA	 	110 VENTURE BOULEVARD	 	HOUMA	 	LA	 	70360	 	FF	 	$	1,371,630	  	 	Owned	  	MCJUNKIN RED MAN CORPORATION
	BATON ROUGE, LA	 	1100 LEBLANC ROAD	 	PORT ALLEN	 	LA	 	70767	 	FF	 	$	2,594,071	  	 	Owned	  	MCJUNKIN RED MAN CORPORATION
	MT PLEASANT, MI	 	1302 SOUTH MISSION ROAD	 	MT PLEASANT	 	MI	 	48858	 	FF	 	$	779,114	  	 	Owned	  	MCJUNKIN RED MAN CORPORATION
	WOOSTER OH YARD-WOOSTER, OH	 	291 BRANSTETTER STREET	 	WOOSTER	 	OH	 	44691	 	SATELLITE	 	$	6,983,420	  	 	Owned	  	MCJUNKIN RED MAN CORPORATION
	WOOSTER, OH	 	291 BRANSTETTER STREET	 	WOOSTER	 	OH	 	44691	 	FF	 	$	1,123,581	  	 	Owned	  	MCJUNKIN RED MAN CORPORATION
	MRC LABARGE-WAGONER, OK	 	1300 NORTH LABARGE AVE	 	WAGONER	 	OK	 	74467	 	FF	 	$	1,787,859	  	 	Owned	  	MCJUNKIN RED MAN CORPORATION
	BORGER, TX	 	1108 WEST WILSON	 	BORGER	 	TX	 	79007	 	FF	 	$	1,175,514	  	 	Owned	  	MCJUNKIN RED MAN CORPORATION
	CARTHAGE, TX	 	1740 N.E. LOOP	 	CARTHAGE	 	TX	 	75633	 	FF	 	$	1,656,158	  	 	Owned	  	MCJUNKIN RED MAN CORPORATION
	HOUSTON, TX	 	4732 DARIEN	 	HOUSTON	 	TX	 	77028	 	FF	 	$	36,722,655	  	 	Owned	  	MCJUNKIN RED MAN CORPORATION
	PURCHASING SERVICES WAREHOUSE-HOUSTON, TX	 	4732 DARIEN	 	HOUSTON	 	TX	 	77028	 	FF	 	$	241,361	  	 	Owned	  	MCJUNKIN RED MAN CORPORATION

  
 - 18 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	JOURDANTON, TX	 	1012 HWY 97 WEST	 	JOURDANTON	 	TX	 	78026	 	FF	 	$	2,564,144	  	 	Owned	  	MCJUNKIN RED MAN CORPORATION
	AUTOMATION SHOP-NORTH SALT LAKE CITY, UT	 	485 NORTH 400 WEST	 	NORTH SALT LAKE CITY	 	UT	 	84054	 	FF	 	$	1,210,257	  	 	Owned	  	MCJUNKIN RED MAN CORPORATION
	NORTH SALT LAKE CITY, UT	 	485 NORTH 400 WEST	 	NORTH SALT LAKE CITY	 	UT	 	84054	 	FF	 	$	4,411,730	  	 	Owned	  	MCJUNKIN RED MAN CORPORATION
	APACHE-ALIX, AB	 	06-24-039-23 W4, 2 MILES SOUTH OF ALIX	 	ALIX	 	AB	 	T0C0B0	 	CUSTOMER
BAILMENT	 	$	1,531	  	 		  	MIDFIELD SUPPLY ULC
	APACHE-ALIX, AB	 	12-07-041-22 W4, 8 MILES NORTH OF ALIX	 	ALIX	 	AB	 	T0C0B0	 	CUSTOMER
BAILMENT	 	$	20,113	  	 		  	MIDFIELD SUPPLY ULC
	CONOCOPHILLIPS-ANZAC, AB	 	SITE 914, MOD 4 COMP 9 RR2	 	ANZAC	 	AB	 	T0P1J0	 	CUSTOMER
BAILMENT	 	$	1,470	  	 		  	MIDFIELD SUPPLY ULC
	CNRL-ATHABASCA, AB	 	12-09-81-23W4	 	ATHABASCA	 	AB	 	T9S1A7	 	CUSTOMER
BAILMENT	 	$	405,215	  	 		  	MIDFIELD SUPPLY ULC
	APACHE-BASHAW, AB	 	07-03-041-22 W4, 6 MILES NORTH OF BASHAW	 	BASHAW	 	AB	 	T0B0H0	 	CUSTOMER
BAILMENT	 	$	1,526	  	 		  	MIDFIELD SUPPLY ULC
	TMS TRUCKING-BLACKFALDS, AB	 	BOX 2350	 	BLACKFALDS	 	AB	 	T0M0J0	 	THIRD
PARTY -
OCTG	 	$	64,145	  	 		  	MIDFIELD SUPPLY ULC
	CNRL-BONNYVILLE, AB	 	14-08-68-04W4	 	BONNYVILLE	 	AB	 	T9N2M6	 	CUSTOMER
BAILMENT	 	$	23,887	  	 		  	MIDFIELD SUPPLY ULC
	CNRL-BONNYVILLE, AB	 	14-08-68-04W4	 	BONNYVILLE	 	AB	 	T9N2M6	 	CUSTOMER
BAILMENT	 	$	224,343	  	 		  	MIDFIELD SUPPLY ULC

  
 - 19 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	HUSKY ENERGY-BONNYVILLE, AB	 	12-28-64-4W4	 	BONNYVILLE	 	AB	 	T9M1P2	 	CUSTOMER
BAILMENT	 	$	7,271	  	 		  	MIDFIELD SUPPLY ULC
	ENVIROEX - BROOKS-BROOKS, AB	 	BOX 2020	 	BROOKS	 	AB	 	T1R1C7	 	THIRD
PARTY -
OCTG	 	$	303,926	  	 		  	MIDFIELD SUPPLY ULC
	ENVIROEX-BROOKS, AB	 	JOANNE TRUCKING RD	 	BROOKS	 	AB	 	T1R1C7	 	THIRD
PARTY -
PBB	 	$	53,169	  	 		  	MIDFIELD SUPPLY ULC
	PEBEN - BROOKS-BROOKS, AB	 	150 INDUSTRIAL ROAD	 	BROOKS	 	AB	 	T1R1C7	 	THIRD
PARTY -
PBB	 	$	389,296	  	 		  	MIDFIELD SUPPLY ULC
	GARNEAU - CAMROSE-CAMROSE, AB	 	5233 39TH STREET	 	CAMROSE	 	AB	 	T4V4RS	 	THIRD
PARTY -
LINE
PIPE	 	$	15,244	  	 		  	MIDFIELD SUPPLY ULC
	SHAW CAMROSE, AB-CAMROSE, AB	 	5117 39TH STREET	 	CAMROSE	 	AB	 	T4V4P4	 	THIRD
PARTY -
LINE
PIPE	 	$	129,602	  	 		  	MIDFIELD SUPPLY ULC
	CENOVUS ENERGY-CONKLIN, AB	 	SE-17-76-6W4	 	CONKLIN	 	AB	 	T0A2C0	 	CUSTOMER
BAILMENT	 	$	123,453	  	 		  	MIDFIELD SUPPLY ULC
	CNRL CONKLIN-CONKLIN, AB	 	LOT 100 POPLAR DRIVE	 	CONKLIN	 	AB	 	T0P1H0	 	CUSTOMER
BAILMENT	 	$	1,333	  	 		  	MIDFIELD SUPPLY ULC
	CONOCOPHILLIPS-ECKVILLE, AB	 	BOX 339	 	ECKVILLE	 	AB	 	T0M0X0	 	CUSTOMER
BAILMENT	 	$	28,126	  	 		  	MIDFIELD SUPPLY ULC
	PEBEN - EDMONTON-EDMONTON, AB	 	4510 17TH STREET NW	 	EDMONTON	 	AB	 	T6P1X5	 	THIRD
PARTY -
OCTG	 	$	2	  	 		  	MIDFIELD SUPPLY ULC
	R&M - EDMONTON-EDMONTON, AB	 	9830 45TH AVENUE	 	EDMONTON	 	AB	 	T6E5C5	 	THIRD
PARTY -
PBB	 	$	84,679	  	 		  	MIDFIELD SUPPLY ULC

  
 - 20 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	SHAW - EDMONTON 21ST-EDMONTON, AB	 	10275 - 21ST STREET	 	EDMONTON	 	AB	 	T6P1P3	 	THIRD
PARTY -
LINE
PIPE	 	$	491,964	  	 		  	MIDFIELD SUPPLY ULC
	SHAW - EDMONTON 34TH ST-EDMONTON, AB	 	6010 30TH STREET	 	EDMONTON	 	AB	 	T6P1J9	 	THIRD
PARTY -
LINE
PIPE	 	$	9,518,529	  	 		  	MIDFIELD SUPPLY ULC
	CONOCOPHILLIPS-GRAND PRAIRIE, AB	 	01-08-070-11 W6M	 	GRANDE PRAIRIE	 	AB	 	T8V6H6	 	CUSTOMER
BAILMENT	 	$	5,173	  	 		  	MIDFIELD SUPPLY ULC
	CONOCOPHILLIPS-GRAND PRAIRIE, AB	 	9701 116 STREET	 	GRANDE PRAIRIE	 	AB	 	T8V6H6	 	CUSTOMER
BAILMENT	 	$	5,842	  	 		  	MIDFIELD SUPPLY ULC
	PEBEN - DIMSDALE-(DIMSDALE) GRANDE PRAIRIE, AB	 	R.R. #2	 	GRANDE PRAIRIE	 	AB	 	T8V2Z9	 	THIRD
PARTY -
OCTG	 	$	50,612	  	 		  	MIDFIELD SUPPLY ULC
	WITHERS - GRANDE PRAIRIE-GRANDE PRAIRIE, AB	 	BOX 1480	 	GRANDE PRAIRIE	 	AB	 	T8V4Z2	 	THIRD
PARTY -
OCTG	 	$	1	  	 		  	MIDFIELD SUPPLY ULC
	G&L SLOTCO - NISKU-LEDUC, AB	 	3911 77TH AVENUE	 	LEDUC	 	AB	 	T9E0B7	 	THIRD
PARTY -
OCTG	 	$	485,421	  	 		  	MIDFIELD SUPPLY ULC
	HUSKY ENERGY-LLOYDMINSTER, AB	 	5650 52ND STREET	 	LLOYDMINSTER	 	AB	 	T9V0R7	 	CUSTOMER
BAILMENT	 	$	15,488	  	 		  	MIDFIELD SUPPLY ULC
	HUSKY OIL-LLOYDMINSTER, AB	 	HWY 16 EAST, 2 MILE OUT OF LLOYDMINSTER	 	LLOYDMINSTER	 	AB	 	T9V3A9	 	THIRD
PARTY -
PBB	 	$	368,541	  	 		  	MIDFIELD SUPPLY ULC
	MRC MIDFIELD PUMP SHOP-LLOYDMINSTER, AB	 	6206 44TH STREET	 	LLOYDMINSTER	 	AB	 	T9V1V9	 	SATELLITE	 	$	1,157,430	  	 		  	MIDFIELD SUPPLY ULC
	CONOCOPHILLIPS-MAJORVILLE, AB	 	14-32-18-19W4	 	MAJORVILLE	 	AB	 	T0L2B0	 	CUSTOMER
BAILMENT	 	$	3,715	  	 		  	MIDFIELD SUPPLY ULC

  
 - 21 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	TOTAL OILFIELD - MANNING-MANNING, AB	 	P O BOX 1269	 	MANNING	 	AB	 	T0H2M0	 	THIRD
PARTY -
OCTG	 	$	44,906	  	 		  	MIDFIELD SUPPLY ULC
	FLINT OILFIELD HAULING - MEDICINE HAT-MEDICINE HAT, AB	 	617 18TH STREET SW	 	MEDICINE HAT	 	AB	 	T1A7Y1	 	THIRD
PARTY -
OCTG	 	$	16,765	  	 		  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-RICHMOUND, SK	 	1702 10TH AVE SW	 	MEDICINE HAT	 	AB	 	T1A7T9	 	FF	 	$	177,825	  	 		  	MIDFIELD SUPPLY ULC
	HUSKY ENERGY-MORINVILLE, AB	 	10-23-78-25 W4M	 	MORINVILLE	 	AB	 	T8R1A1	 	CUSTOMER
BAILMENT	 	$	9,292	  	 		  	MIDFIELD SUPPLY ULC
	CENOVUS-NISKU, AB	 	1107 11 STREET	 	NISKU	 	AB	 	T9E0C6	 	CUSTOMER
BAILMENT	 	$	24,320	  	 		  	MIDFIELD SUPPLY ULC
	MILLER OILFFIELD - NISKU-NISKU, AB	 	2201 9TH STREET	 	NISKU	 	AB	 	T9E7Z7	 	THIRD
PARTY -
OCTG	 	$	52,557	  	 		  	MIDFIELD SUPPLY ULC
	PEBEN - NISKU-NISKU, AB	 	607 17TH AVENUE	 	NISKU	 	AB	 	T9E7T2	 	THIRD
PARTY -
OCTG	 	$	576,330	  	 		  	MIDFIELD SUPPLY ULC
	SANDY’S OILFIELD - EDMONTON-NISKU, AB	 	2306B 8TH STREET	 	NISKU	 	AB	 	T9E7Z2	 	THIRD
PARTY -
OCTG	 	$	3,986,757	  	 		  	MIDFIELD SUPPLY ULC
	TUBOSCOPE - NISKU-NISKU, AB	 	2304 8TH STREET	 	NISKU	 	AB	 	T9E7Z2	 	THIRD
PARTY -
OCTG	 	$	200,225	  	 		  	MIDFIELD SUPPLY ULC
	TUBOSCOPE - NISKU-NISKU, AB	 	2304A 8ST	 	NISKU	 	AB	 	T9E7Z2	 	THIRD
PARTY -
PBB	 	$	28,791	  	 		  	MIDFIELD SUPPLY ULC
	WITHERS - PROVOST-PROVOST, AB	 	5903 LAGOOD DRIVE	 	PROVOST	 	AB	 	T0B3S0	 	THIRD
PARTY -
OCTG	 	$	409,783	  	 		  	MIDFIELD SUPPLY ULC
	WITHERS - PROVOST-PROVOST, AB	 	5903 LAGOON DRIVE	 	PROVOST	 	AB	 	T0B3S0	 	THIRD
PARTY -
PBB	 	$	594,465	  	 		  	MIDFIELD SUPPLY ULC

  
 - 22 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	FLINT OILFIELD HAULING - RAINBOW LAKE-RAINBOW LAKE, AB	 	14 DEL RIO STREET	 	RAINBOW LAKE	 	AB	 	T0H2Y0	 	THIRD
PARTY -
PBB	 	$	37,194	  	 		  	MIDFIELD SUPPLY ULC
	VDM - RED DEER-RED DEER, AB	 	37428 RANGE ROAD 273, UNIT 117	 	RED DEER	 	AB	 	T6P1J5	 	THIRD
PARTY -
OCTG	 	$	672,512	  	 		  	MIDFIELD SUPPLY ULC
	APACHE-ROCKY MTN HOUSE, AB	 	12-30-35-08 W5M, 45KM SOUTHWEST ROCKY MT HS	 	ROCKY MTN HOUSE	 	AB	 	T4T1A9	 	CUSTOMER
BAILMENT	 	$	5,871	  	 		  	MIDFIELD SUPPLY ULC
	APACHE-ROCKY MTN HOUSE, AB	 	03-20-34-04 W5M, 50KM SW OF ROCKY MTN	 	ROCKY MTN HOUSE	 	AB	 	T4T1A9	 	CUSTOMER
BAILMENT	 	$	6,563	  	 		  	MIDFIELD SUPPLY ULC
	HUSKY OIL OPERATIONS LTD-ROCKY MTN HOUSE, AB	 	LSD S 1/2 02-37-10 W5	 	ROCKY MTN HOUSE	 	AB	 	T4T1A7	 	CUSTOMER
BAILMENT	 	$	109,308	  	 		  	MIDFIELD SUPPLY ULC
	KEYERA ROCKY MTN HOUSE-ROCKY MTN HOUSE, AB	 	BOX 2000	 	ROCKY MTN HOUSE	 	AB	 	T4T1B5	 	CUSTOMER
BAILMENT	 	$	9,030	  	 		  	MIDFIELD SUPPLY ULC
	VDM—EDMONTON-SHERWOOD PARK, AB	 	PO BOX 3078 STN MAIN	 	SHERWOOD PARK	 	AB	 	T8A2A6	 	THIRD
PARTY -
OCTG	 	$	255,064	  	 		  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-STRATHMORE, AB	 	132 ORCHARD WAY	 	STRATHMORE	 	AB	 	T1P1R8	 	FF	 	$	932	  	 		  	MIDFIELD SUPPLY ULC
	CONOCOPHILLIPS-ANZAC, AB	 	SITE 914 MOD 4 COMP 9 RR2	 	SURMONT	 	AB	 	T0P1J0	 	CUSTOMER
BAILMENT	 	$	45,130	  	 		  	MIDFIELD SUPPLY ULC
	CLASSIC HOT SHOT-TABER, AB	 	SW 12-10-16W4	 	TABER	 	AB	 	T1G2C6	 	THIRD
PARTY -
PBB	 	$	116,640	  	 		  	MIDFIELD SUPPLY ULC
	HUSKY-THREE HILLS, AB	 	5-19-35-22W4	 	THREE HILLS	 	AB	 	T0M2A0	 	CUSTOMER
BAILMENT	 	$	0	  	 		  	MIDFIELD SUPPLY ULC

  
 - 23 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	MIDFIELD SUPPLY, ULC-VALLEYVIEW, AB	 	4808 - 37 AVE	 	VALLEYVIEW	 	AB	 	T0H3N0	 	FF	 	$	147,195	  	 		  	MIDFIELD SUPPLY ULC
	MARATHON OIL CO-KENAI, AK	 	304090 K-BEACH ROAD	 	KENAI	 	AK	 	99611	 	CUSTOMER
BAILMENT	 	$	30,397	  	 		  	MCJUNKIN RED MAN CORPORATION
	ARKEMA-AXIS, AL	 	13755 HWY 43 NORTH	 	AXIS	 	AL	 	36505	 	CUSTOMER
BAILMENT	 	$	6,568	  	 		  	MCJUNKIN RED MAN CORPORATION
	DUPONT-AXIS, AL	 	HWY 43 NORTH	 	AXIS	 	AL	 	36505	 	CUSTOMER
BAILMENT	 	$	31,422	  	 		  	MCJUNKIN RED MAN CORPORATION
	INTERNATIONAL PAPER CO-COURTLAND, AL	 	16504 COUNTY ROAD 150	 	COURTLAND	 	AL	 	35618	 	CUSTOMER
BAILMENT	 	$	47,420	  	 		  	MCJUNKIN RED MAN CORPORATION
	WESTERN PIPE SERVICES-HUEYTOWN, AL	 	3360 DAVEY ALLISON BLVD	 	HUEYTOWN	 	AL	 	35023	 	THIRD
PARTY -
OCTG	 	$	3,804,375	  	 		  	MCJUNKIN RED MAN CORPORATION
	WESTERN PIPE SRV-HUEYTOWN, AL	 	3360 DAVEY ALLISON BLVD	 	HUEYTOWN	 	AL	 	35023	 	THIRD
PARTY -
LINE
PIPE	 	$	1,378,646	  	 		  	MCJUNKIN RED MAN CORPORATION
	ALBEMARLE-MAGNOLIA, AR	 	2270 HIGHWAY 79 SOUTH	 	MAGNOLIA	 	AR	 	71753	 	CUSTOMER
BAILMENT	 	$	285,118	  	 		  	MCJUNKIN RED MAN CORPORATION
	GREEN BAY PACKAGING-MORRILTON, AR	 	HIGHWAY 113	 	MORRILTON	 	AR	 	72110	 	CUSTOMER
BAILMENT	 	$	14,705	  	 		  	MCJUNKIN RED MAN CORPORATION
	APACHE-DAWSON CREEK, BC	 	5 COLLINS ROAD	 	DAWSON CREEK	 	BC	 	V1G4T9	 	CUSTOMER
BAILMENT	 	$	23,070	  	 		  	MIDFIELD SUPPLY ULC
	APACHE-DAWSON CREEK, BC	 	103KM SW OF TUMBLER RIDGE	 	DAWSON CREEK	 	BC	 	V1G1W3	 	CUSTOMER
BAILMENT	 	$	15,925	  	 		  	MIDFIELD SUPPLY ULC

  
 - 24 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	HUSKY-FORT NELSON, BC	 	KM 109.5 OFF THE SIERRA RD, LSD C-91-D/94-I-14	 	FORT NELSON	 	BC	 	V0C1R0	 	CUSTOMER
BAILMENT	 	$	12,146	  	 		  	MIDFIELD SUPPLY ULC
	CONOCO PHILLIPS-ARROYO GRANDE, CA	 	2555 WILLOW ROAD	 	ARROYO GRANDE	 	CA	 	93420	 	CUSTOMER
BAILMENT	 	$	19,036	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON USA-AVENAL, CA	 	11P CAMP SKYLINE BLVD	 	AVENAL	 	CA	 	93204	 	CUSTOMER
BAILMENT	 	$	18,729	  	 		  	MCJUNKIN RED MAN CORPORATION
	B & B PIPE & TOOL-BAKERSFIELD, CA	 	2301 PARKER LANE	 	BAKERSFIELD	 	CA	 	93308	 	THIRD
PARTY -
PBB	 	$	197,414	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON CORP-BAKERSFIELD, CA	 	3300 MONTE CRISTO ROAD	 	BAKERSFIELD	 	CA	 	93308	 	CUSTOMER
BAILMENT	 	$	16,072	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON CORP-BAKERSFIELD, CA	 	1978 CHINA GRADE LOOP RD	 	BAKERSFIELD	 	CA	 	93308	 	TRAILER	 	$	12,095	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON CORP-BAKERSFIELD, CA	 	1978 CHINA GRADE LOOP	 	BAKERSFIELD	 	CA	 	93308	 	TRUCK
STOCK	 	$	9,201	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON OCTG-BAKERSFIELD, CA	 	1135 ENOS LANE	 	BAKERSFIELD	 	CA	 	93314	 	FF	 	$	9,535,751	  	 		  	MCJUNKIN RED MAN CORPORATION
	HYDRIL-BAKERSFIELD, CA	 	3237 PATTON WAY	 	BAKERSFIELD	 	CA	 	93308	 	THIRD
PARTY -
PBB	 	$	241,473	  	 		  	MCJUNKIN RED MAN CORPORATION
	KERN RIVER, CA	 	1978 CHINA GRADE LOOP RD	 	BAKERSFIELD	 	CA	 	93308	 	FF	 	$	1,280,191	  	 		  	MCJUNKIN RED MAN CORPORATION
	VALLEY PERFORATING-BAKERSFIELD, CA	 	3201 GULF STREET	 	BAKERSFIELD	 	CA	 	93308	 	THIRD
PARTY -
PBB	 	$	692,842	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 25 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	AERA ENERGY-COALINGA, CA	 	9 MILE NE OF COALINGA OFF HWY 198 & HWY 33	 	COALINGA	 	CA	 	93210	 	CUSTOMER
BAILMENT	 	$	2,298	  	 		  	MCJUNKIN RED MAN CORPORATION
	COALINGA, CA	 	HWY 198 & 33, 9 MILE NE OF COALINGA	 	COALINGA	 	CA	 	93210	 	FF	 	$	100,619	  	 		  	MCJUNKIN RED MAN CORPORATION
	COALINGA, CA	 	39405 DERRICK SECTION 25D	 	COALINGA	 	CA	 	93210	 	FF	 	$	201,169	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-FELLOWS, CA	 	25401 HWY 33	 	FELLOWS	 	CA	 	93224	 	CUSTOMER
BAILMENT	 	$	1,970	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-FELLOWS, CA	 	25401 HWY 33	 	FELLOWS	 	CA	 	93224	 	CUSTOMER
BAILMENT	 	$	10,199	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA-FELLOWS, CA	 	26407 HIGHWAY 33	 	FELLOWS	 	CA	 	93224	 	CUSTOMER
BAILMENT	 	$	76,391	  	 		  	MCJUNKIN RED MAN CORPORATION
	PACIFIC PERFORATING-BAKERSFIELD, CA	 	25090 HWY 33	 	FELLOWS	 	CA	 	93224	 	THIRD
PARTY -
PBB	 	$	468,219	  	 		  	MCJUNKIN RED MAN CORPORATION
	VINTAGE PRODUCTION-FILLMORE, CA	 	858 GUIBERSON RD	 	FILLMORE	 	CA	 	93015	 	CUSTOMER
BAILMENT	 	$	12,799	  	 		  	MCJUNKIN RED MAN CORPORATION
	SHAWCOR PIPE PROTECTION-FONTANA, CA	 	14000 SAN BERNARDINO AVE	 	FONTANA	 	CA	 	92335	 	THIRD
PARTY -
LINE
PIPE	 	$	229,030	  	 		  	MCJUNKIN RED MAN CORPORATION
	HUNTINGTON BEACH, CA	 	20101 GOLDEN WEST STREET	 	HUNTINGTON BEACH	 	CA	 	92648	 	FF	 	$	85,654	  	 		  	MCJUNKIN RED MAN CORPORATION
	OXY-HUNTINGTON BEACH, CA	 	20101 GOLDENWEST STREET	 	HUNTINGTON BEACH	 	CA	 	92648	 	CUSTOMER
BAILMENT	 	$	0	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 26 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	OXY-HUNTINGTON BEACH, CA	 	20101 GOLDENWEST STREET	 	HUNTINGTON BEACH	 	CA	 	92648	 	CUSTOMER
BAILMENT	 	$	2,293	  	 		  	MCJUNKIN RED MAN CORPORATION
	OXY-HUNTINGTON BEACH, CA	 	20101 GOLDENWEST STREET	 	HUNTINGTON BEACH	 	CA	 	92648	 	CUSTOMER
BAILMENT	 	$	892	  	 		  	MCJUNKIN RED MAN CORPORATION
	OXY-HUNTINGTON BEACH, CA	 	20101 GOLDENWEST STREET	 	HUNTINGTON BEACH	 	CA	 	92648	 	CUSTOMER
BAILMENT	 	$	813	  	 		  	MCJUNKIN RED MAN CORPORATION
	OXY-HUNTINGTON BEACH, CA	 	20101 GOLDENWEST STREET	 	HUNTINGTON BEACH	 	CA	 	92648	 	CUSTOMER
BAILMENT	 	$	2,187	  	 		  	MCJUNKIN RED MAN CORPORATION
	OXY-HUNTINGTON BEACH, CA	 	20101 GOLDEN WEST STREET	 	HUNTINGTON BEACH	 	CA	 	92648	 	CUSTOMER
BAILMENT	 	$	4,336	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON LOST HILLS-LOST HILLS, CA	 	15255 LOST HILLS ROAD	 	LOST HILLS	 	CA	 	93249	 	THIRD
PARTY -
PBB	 	$	367,256	  	 		  	MCJUNKIN RED MAN CORPORATION
	LOST HILLS, CA	 	15255 LOST HILLS ROAD	 	LOST HILLS	 	CA	 	93249	 	FF	 	$	560,847	  	 		  	MCJUNKIN RED MAN CORPORATION
	VINTAGE PRODUCTION CALIFORNIA-LOST HILLS, CA	 	12888 HOLLAWAY DR	 	LOST HILLS	 	CA	 	93249	 	CUSTOMER
BAILMENT	 	$	212,511	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MARICOPA, CA	 	29235 HWY 33	 	MARICOPA	 	CA	 	93252	 	TRUCK
STOCK	 	$	916	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MARICOPA, CA	 	29235 HWY 33	 	MARICOPA	 	CA	 	93252	 	TRUCK
STOCK	 	$	3,746	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 27 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	AERA ENERGY-MARICOPA, CA	 	29235 HWY 33	 	MARICOPA	 	CA	 	93252	 	TRUCK
STOCK	 	$	902	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MARICOPA, CA	 	29235 HWY 33	 	MARICOPA	 	CA	 	93252	 	TRUCK
STOCK	 	$	5,104	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MARICOPA, CA	 	29235 HWY 33	 	MARICOPA	 	CA	 	93252	 	TRUCK
STOCK	 	$	6,969	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MARICOPA, CA	 	29235 HWY 33	 	MARICOPA	 	CA	 	93252	 	CUSTOMER
BAILMENT	 	$	4,130	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MARICOPA, CA	 	29235 HWY 33	 	MARICOPA	 	CA	 	93252	 	CUSTOMER
BAILMENT	 	$	8,443	  	 		  	MCJUNKIN RED MAN CORPORATION
	HOLMS WESTERN-MARICOPA, CA	 	111 SHORT ROAD	 	MARICOPA	 	CA	 	93252	 	THIRD
PARTY -
PBB	 	$	75,627	  	 		  	MCJUNKIN RED MAN CORPORATION
	SHELL-MARTINEZ, CA	 	3485 PACHECO BLVD, P-2 GATE WHSE	 	MARTINEZ	 	CA	 	94553	 	CUSTOMER
BAILMENT	 	$	15,637	  	 		  	MCJUNKIN RED MAN CORPORATION
	SHELL-MARTINEZ, CA	 	3485 PACHECO BLVD, P-2 GATE WHSE	 	MARTINEZ	 	CA	 	94553	 	CUSTOMER
BAILMENT	 	$	11,381	  	 		  	MCJUNKIN RED MAN CORPORATION
	SHELL-MARTINEZ, CA	 	3485 PACHECO BLVD, P-2 GATE WHSE	 	MARTINEZ	 	CA	 	94553	 	CUSTOMER
BAILMENT	 	$	20,834	  	 		  	MCJUNKIN RED MAN CORPORATION
	SHELL-MARTINEZ, CA	 	3485 PACHECO BLVD, P-2 GATE WHSE	 	MARTINEZ	 	CA	 	94553	 	CUSTOMER
BAILMENT	 	$	21,527	  	 		  	MCJUNKIN RED MAN CORPORATION
	SHELL-MARTINEZ, CA	 	3485 PACHECO BLVD, P-2 GATE WHSE	 	MARTINEZ	 	CA	 	94553	 	CUSTOMER
BAILMENT	 	$	15,832	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 28 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	SHELL-MARTINEZ, CA	 	3485 PACHECO BLVD, P-2 GATE WHSE	 	MARTINEZ	 	CA	 	94553	 	CUSTOMER
BAILMENT	 	$	4,419	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY BELRIDGE YARD-MCKITTRICK, CA	 	20372 7TH STANDARD ROAD	 	MCKITTRICK	 	CA	 	93251	 	CUSTOMER
BAILMENT	 	$	12,756	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY LLC-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93251	 	CUSTOMER
BAILMENT	 	$	25,349	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD ROAD	 	MCKITTRICK	 	CA	 	93251	 	TRUCK
STOCK	 	$	616	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93252	 	TRUCK
STOCK	 	$	4,865	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93252	 	TRUCK
STOCK	 	$	1,714	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93252	 	TRUCK
STOCK	 	$	3,464	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93252	 	TRUCK
STOCK	 	$	857	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93252	 	TRUCK
STOCK	 	$	1,267	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93252	 	TRUCK
STOCK	 	$	115	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93252	 	TRUCK
STOCK	 	$	170	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 29 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93252	 	TRUCK
STOCK	 	$	504	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93252	 	TRUCK
STOCK	 	$	493	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93252	 	TRUCK
STOCK	 	$	4,219	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93252	 	TRUCK
STOCK	 	$	462	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93252	 	TRUCK
STOCK	 	$	1,619	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93252	 	TRUCK
STOCK	 	$	237	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93252	 	TRUCK
STOCK	 	$	431	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93251	 	CUSTOMER
BAILMENT	 	$	3,284	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93251	 	CUSTOMER
BAILMENT	 	$	74,982	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93251	 	CUSTOMER
BAILMENT	 	$	1,848	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93251	 	CUSTOMER
BAILMENT	 	$	1,668	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 30 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93251	 	CUSTOMER
BAILMENT	 	$	1,668	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-MCKITTRICK, CA	 	19590 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93251	 	CUSTOMER
BAILMENT	 	$	1,848	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA-MCKITTRICK, CA	 	20372 SEVENTH STANDARD RD	 	MCKITTRICK	 	CA	 	93251	 	CUSTOMER
BAILMENT	 	$	24,170	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA-MCKITTRICK, CA	 	123 CONTRACTOR ROAD	 	MCKITTRICK	 	CA	 	93251	 	CUSTOMER
BAILMENT	 	$	3,092	  	 		  	MCJUNKIN RED MAN CORPORATION
	MCKITTRICK, CA	 	3646 WEST REWARD RD	 	MCKITTRICK	 	CA	 	93251	 	FF	 	$	585,339	  	 		  	MCJUNKIN RED MAN CORPORATION
	MCKITTRICK, CA	 	HWY 33, 20372 7TH STANDARD RD	 	MCKITTRICK	 	CA	 	93251	 	FF	 	$	1,836,423	  	 		  	MCJUNKIN RED MAN CORPORATION
	VINTAGE PRODUCTION-NEWHALL, CA	 	26835 PICO CANYON RD	 	NEWHALL	 	CA	 	91381	 	CUSTOMER
BAILMENT	 	$	9,307	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON CORP-RICHMOND, CA	 	RICHMOND REFINERY	 	RICHMOND	 	CA	 	94802	 	CUSTOMER
BAILMENT	 	$	5,150	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON CORP-RICHMOND, CA	 	RICHMOND REFINERY	 	RICHMOND	 	CA	 	94802	 	CUSTOMER
BAILMENT	 	$	5,150	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON CORP-RICHMOND, CA	 	RICHMOND REFINERY	 	RICHMOND	 	CA	 	94802	 	CUSTOMER
BAILMENT	 	$	5,083	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 31 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	CHEVRON CORP-RICHMOND, CA	 	RICHMOND REFINERY	 	RICHMOND	 	CA	 	94802	 	CUSTOMER
BAILMENT	 	$	5,257	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON CORP-RICHMOND, CA	 	RICHMOND REFINERY	 	RICHMOND	 	CA	 	94802	 	CUSTOMER
BAILMENT	 	$	5,249	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON CORP-RICHMOND, CA	 	RICHMOND REFINERY	 	RICHMOND	 	CA	 	94802	 	CUSTOMER
BAILMENT	 	$	5,266	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON CORP-RICHMOND, CA	 	RICHMOND REFINERY	 	RICHMOND	 	CA	 	94802	 	CUSTOMER
BAILMENT	 	$	5,410	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON CORP-RICHMOND, CA	 	RICHMOND REFINERY	 	RICHMOND	 	CA	 	94802	 	CUSTOMER
BAILMENT	 	$	5,425	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON CORP-RICHMOND, CA	 	RICHMOND REFINERY	 	RICHMOND	 	CA	 	94802	 	CUSTOMER
BAILMENT	 	$	5,512	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON CORP-RICHMOND, CA	 	RICHMOND REFINERY	 	RICHMOND	 	CA	 	94802	 	CUSTOMER
BAILMENT	 	$	5,175	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON CORP-RICHMOND, CA	 	RICHMOND REFINERY	 	RICHMOND	 	CA	 	94802	 	CUSTOMER
BAILMENT	 	$	5,200	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON CORP-RICHMOND, CA	 	RICHMOND REFINERY	 	RICHMOND	 	CA	 	94802	 	CUSTOMER
BAILMENT	 	$	5,240	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCO PHILLIPS-RODEO, CA	 	1290 SAN PABLE AVENUE	 	RODEO	 	CA	 	94572	 	CUSTOMER
BAILMENT	 	$	13,260	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 32 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	CONOCO PHILLIPS-RODEO, CA	 	1290 SAN PABLE AVENUE	 	RODEO	 	CA	 	94572	 	CUSTOMER
BAILMENT	 	$	4,434	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCO PHILLIPS-RODEO, CA	 	1290 SAN PABLE AVENUE	 	RODEO	 	CA	 	94572	 	CUSTOMER
BAILMENT	 	$	16,331	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-SAN ARDO, CA	 	288 SARGENT CANYON ROAD	 	SAN ARDO	 	CA	 	93450	 	CUSTOMER
BAILMENT	 	$	1,006	  	 		  	MCJUNKIN RED MAN CORPORATION
	AERA ENERGY-SAN ARDO, CA	 	288 SARGENT CANYON ROAD	 	SAN ARDO	 	CA	 	93450	 	CUSTOMER
BAILMENT	 	$	431	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON EXPLORATION & PRODUCTION-SAN ARDO, CA	 	66575 SARGENTS CANYON RD	 	SAN ARDO	 	CA	 	93450	 	FF	 	$	269,238	  	 		  	MCJUNKIN RED MAN CORPORATION
	SAN ARDO, CA	 	66893 SARGENT KENYON ROAD	 	SAN ARDO	 	CA	 	93450	 	FF	 	$	81,741	  	 		  	MCJUNKIN RED MAN CORPORATION
	VINTAGE PRODUCTION-SANTA PAULA, CA	 	17699 S MOUNTAIN LEMON RD	 	SANTA PAULA	 	CA	 	93060	 	CUSTOMER
BAILMENT	 	$	17,211	  	 		  	MCJUNKIN RED MAN CORPORATION
	VINTAGE PRODUCTION-SHAFTER, CA	 	5900 E LERDO HWY	 	SHAFTER	 	CA	 	93263	 	CUSTOMER
BAILMENT	 	$	59,511	  	 		  	MCJUNKIN RED MAN CORPORATION
	HOLMES WESTERN OIL-TAFT, CA	 	4300 MIDWAY ROAD	 	TAFT	 	CA	 	93268	 	CUSTOMER
BAILMENT	 	$	11,906	  	 		  	MCJUNKIN RED MAN CORPORATION
	HOLMES WESTERN OIL-TAFT, CA	 	4300 MIDWAY ROAD	 	TAFT	 	CA	 	93268	 	CUSTOMER
BAILMENT	 	$	69,509	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 33 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	AERA ENERGY-VENTURA, CA	 	3382 N. VENTURA AVENUE	 	VENTURA	 	CA	 	93001	 	CUSTOMER
BAILMENT	 	$	4,206	  	 		  	MCJUNKIN RED MAN CORPORATION
	VENTURA SUB BRANCH-VENTURA, CA	 	3504 NORTH VENTURA AVENUE	 	VENTURA	 	CA	 	93001	 	SATELLITE	 	$	376,077	  	 		  	MCJUNKIN RED MAN CORPORATION
	VENTURA, CA1	 	3382 N. VENTURA AVENUE	 	VENTURA	 	CA	 	93001	 	FF	 	$	531,185	  	 		  	MCJUNKIN RED MAN CORPORATION
	VINTAGE PRODUCTION-VENTURA, CA	 	3055 W PACIFIC COAST HWY	 	VENTURA	 	CA	 	93001	 	CUSTOMER
BAILMENT	 	$	20,687	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCOPHILLIPS-WILMINGTON, CA	 	1660 W ANAHEIM STREET	 	WILMINGTON	 	CA	 	90744	 	CUSTOMER
BAILMENT	 	$	16,855	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-CANON CITY, CO	 	1901 EAST MAIN STREET	 	CANON CITY	 	CO	 	81212	 	CUSTOMER
BAILMENT	 	$	16,398	  	 		  	MCJUNKIN RED MAN CORPORATION
	REBAR COATINGS/COMMERCIAL RESINS-COMMERCE CITY, CO	 	8100 EAST 96TH AVENUE	 	COMMERCE CITY	 	CO	 	80022	 	THIRD
PARTY -
LINE
PIPE	 	$	1,620,200	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-CORTEZ, CO	 	1002 EAST MAIN STREET	 	CORTEZ	 	CO	 	81321	 	CUSTOMER
BAILMENT	 	$	5,020	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-CRAIG, CO	 	65 SOUTH RANNEY STREET	 	CRAIG	 	CO	 	81625	 	CUSTOMER
BAILMENT	 	$	7,192	  	 		  	MCJUNKIN RED MAN CORPORATION

  

	1 	 McJunkin Red Man Corporation leases a facility from Area Energy in Ventura, CA at 608 Ventura Highway

  
 - 34 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	CHEVRON-DE BEQUE, CO	 	2700 CLEAR CREEK ROAD	 	DE BEQUE	 	CO	 	81630	 	CUSTOMER
BAILMENT	 	$	3,306	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-DURANGO, CO	 	107 JAMESON STREET	 	DURANGO	 	CO	 	81302	 	CUSTOMER
BAILMENT	 	$	16,366	  	 		  	MCJUNKIN RED MAN CORPORATION
	WILLIAMS FIELD SERVICE-DURANGO, CO	 	3746 COUNTY ROAD 307	 	DURANGO	 	CO	 	81301	 	CUSTOMER
BAILMENT	 	$	7,950	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-GREELEY, CO	 	810 22ND AVENUE	 	GREELEY	 	CO	 	80631	 	CUSTOMER
BAILMENT	 	$	45,326	  	 		  	MCJUNKIN RED MAN CORPORATION
	LUNDVALL TRUCKING-GREELEY, CO	 	1907 1ST AVE	 	GREELEY	 	CO	 	80631	 	THIRD
PARTY -
LINE
PIPE	 	$	1,995,067	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-GUNNISON, CO	 	417 BIDWELL ST	 	GUNNISON	 	CO	 	81230	 	CUSTOMER
BAILMENT	 	$	17,042	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-LAMAR, CO	 	209 EAST SAGE	 	LAMAR	 	CO	 	81052	 	CUSTOMER
BAILMENT	 	$	16,088	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON USA-MEEKER, CO	 	7265 RIO BLANCO CO RD #9	 	MEEKER	 	CO	 	81641	 	CUSTOMER
BAILMENT	 	$	20,092	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON-TEXACO CONSIGNED YARD-RANGELY, CO	 	14800 STATE HWY 64	 	RANGELY	 	CO	 	81648	 	THIRD
PARTY -
OCTG	 	$	983,307	  	 		  	MCJUNKIN RED MAN CORPORATION
	RANGELY, CO	 	14800 STATE HIGHWAY 64	 	RANGELY	 	CO	 	81648	 	FF	 	$	2,525,621	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 35 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	ATMOS ENERGY-SALIDA, CO	 	1448 F STREET	 	SALIDA	 	CO	 	81201	 	CUSTOMER
BAILMENT	 	$	21,506	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-STEAMBOAT SPRINGS, CO	 	2770 DOWNHILL DRIVE	 	STEAMBOAT SPRINGS	 	CO	 	80487	 	CUSTOMER
BAILMENT	 	$	7,932	  	 		  	MCJUNKIN RED MAN CORPORATION
	DUPONT-EDGEMOOR, NJ	 	105 HAY ROAD	 	EDGEMOOR	 	DE	 	19809	 	CUSTOMER
BAILMENT	 	$	114,477	  	 		  	MCJUNKIN RED MAN CORPORATION
	SIVANCE LLC-GAINESVILLE, FL	 	5002 NE 54TH PLACE	 	GAINESVILLE	 	FL	 	32609	 	CUSTOMER
BAILMENT	 	$	6,753	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-HIALEAH, FL	 	955 EAST 25TH STREET	 	HIALEAH	 	FL	 	33013	 	CUSTOMER
BAILMENT	 	$	39,174	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-HIALEAH, FL	 	955 EAST 25TH STREET	 	HIALEAH	 	FL	 	33013	 	CUSTOMER
BAILMENT	 	$	2,323	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-JACKSONVILLE, FL	 	5440 HIGHWAY AVENUERK	 	JACKSONVILLE	 	FL	 	32254	 	CUSTOMER
BAILMENT	 	$	1,902	  	 		  	MCJUNKIN RED MAN CORPORATION
	PNEUMATIC PRODUCTS-OCALA, FL	 	4647 SW 40TH AVENUE	 	OCALA	 	FL	 	34474	 	CUSTOMER
BAILMENT	 	$	65,602	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-ROCKLEDGE, FL	 	4180 S US HIGHWAY 1	 	ROCKLEDGE	 	FL	 	32955	 	CUSTOMER
BAILMENT	 	$	22,797	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-ROCKLEDGE, FL	 	4180 SOUTH US HWY #1	 	ROCKLEDGE	 	FL	 	32955	 	CUSTOMER
BAILMENT	 	$	1,451	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 36 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	E I DUPONT DENEMOURS & CO INC-STARKE, FL	 	OFF STATE ROAD 230	 	STARKE	 	FL	 	32091	 	CUSTOMER
BAILMENT	 	$	3,093	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-ATHENS, GA	 	170 PARADISE BLVD	 	ATHENS	 	GA	 	30607	 	CUSTOMER
BAILMENT	 	$	9,282	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-ATHENS, GA	 	170 PARADISE BLVD	 	ATHENS	 	GA	 	30607	 	CUSTOMER
BAILMENT	 	$	3,057	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-ATLANTA, GA	 	660 RALPH MCGILL BLVD	 	ATLANTA	 	GA	 	30312	 	CUSTOMER
BAILMENT	 	$	87,977	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-ATLANTA, GA	 	5105 TULANE DR SW	 	ATLANTA	 	GA	 	30336	 	CUSTOMER
BAILMENT	 	$	19,211	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-ATLANTA, GA	 	660 RALPH MCGILL BLVD	 	ATLANTA	 	GA	 	30312	 	CUSTOMER
BAILMENT	 	$	21,418	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-AUGUSTA, GA	 	1840 WYLDS ROAD	 	AUGUSTA	 	GA	 	30909	 	CUSTOMER
BAILMENT	 	$	8,775	  	 		  	MCJUNKIN RED MAN CORPORATION
	AUGUSTA NEWSPRINT-AUGUSTA, GA	 	2434 DOUG BERNARD PARKWAY	 	AUGUSTA	 	GA	 	30906	 	CUSTOMER
BAILMENT	 	$	14,026	  	 		  	MCJUNKIN RED MAN CORPORATION
	NUTRASWEET-AUGUSTA, GA	 	1750 LOVERS LANE	 	AUGUSTA	 	GA	 	30901	 	CUSTOMER
BAILMENT	 	$	31,547	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 37 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	SOLVAY ADVANCED POLYMERS-AUGUSTA, GA	 	1870 TOBACCO ROAD	 	AUGUSTA	 	GA	 	30906	 	CUSTOMER
BAILMENT	 	$	8,276	  	 		  	MCJUNKIN RED MAN CORPORATION
	SOLVAY ADVANCED POLYMERS-AUGUSTA, GA	 	1870 TOBACCO ROAD	 	AUGUSTA	 	GA	 	30906	 	CUSTOMER
BAILMENT	 	$	38,479	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-BALL GROUND, GA	 	357 WILBANKS DRIVE	 	BALL GROUND	 	GA	 	30107	 	CUSTOMER
BAILMENT	 	$	3,354	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-BRUNSWICK, GA	 	133 OWENS LANE	 	BRUNSWICK	 	GA	 	31525	 	CUSTOMER
BAILMENT	 	$	8,971	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-BRUNSWICK, GA	 	133 OWENS LANE	 	BRUNSWICK	 	GA	 	31525	 	CUSTOMER
BAILMENT	 	$	1,571	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-CARROLLTON, GA	 	OLD BREMEN ROAD	 	CARROLLTON	 	GA	 	30117	 	CUSTOMER
BAILMENT	 	$	12,442	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-CARROLLTON, GA	 	OLD BREMEN ROAD	 	CARROLLTON	 	GA	 	30117	 	CUSTOMER
BAILMENT	 	$	4,327	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-CARTERSVILLE, GA	 	130 ALLATOONA DAM ROAD	 	CARTERSVILLE	 	GA	 	30120	 	INTERNAL	 	$	235,595	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-CHAMBLEE, GA	 	4959 NEW PEACHTREE ROAD	 	CHAMBLEE	 	GA	 	30341	 	CUSTOMER
BAILMENT	 	$	38,046	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-CHAMBLEE, GA	 	4959 NEW PEACHTREE ROAD	 	CHAMBLEE	 	GA	 	30341	 	CUSTOMER
BAILMENT	 	$	3,162	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 38 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	ATMOS ENERGY-COLUMBUS, GA	 	2300 VICTORY DRIVE	 	COLUMBUS	 	GA	 	31901	 	CUSTOMER
BAILMENT	 	$	82,967	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-CONYERS, GA	 	350 GEES MILL BUSINESS PKY	 	CONYERS	 	GA	 	30013	 	CUSTOMER
BAILMENT	 	$	25,650	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-CONYERS, GA	 	350 GEES MILL BUSINESS	 	CONYERS	 	GA	 	30013	 	CUSTOMER
BAILMENT	 	$	5,180	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-CUMMING, GA	 	1480 OAK INDUSTRIAL LANE	 	CUMMING	 	GA	 	30041	 	CUSTOMER
BAILMENT	 	$	48,068	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-CUMMING, GA	 	1480 OAK INDUSTRIAL LANE	 	CUMMING	 	GA	 	30041	 	CUSTOMER
BAILMENT	 	$	5,123	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-DULUTH, GA	 	2695 OLD PEACHTREE ROAD	 	DULUTH	 	GA	 	30097	 	CUSTOMER
BAILMENT	 	$	96,946	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-DULUTH, GA	 	2695 OLD PEACHTREE ROAD	 	DULUTH	 	GA	 	30097	 	CUSTOMER
BAILMENT	 	$	7,859	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-GAINESVILLE, GA	 	2100 ATLANTA HIGHWAY	 	GAINESVILLE	 	GA	 	30504	 	CUSTOMER
BAILMENT	 	$	6,748	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-GAINESVILLE, GA	 	2100 ATLANTA HWY	 	GAINESVILLE	 	GA	 	30504	 	CUSTOMER
BAILMENT	 	$	909	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 39 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	ATMOS ENERGY-GAINESVILLE, GA	 	175 JOHN W MORROW WAY	 	GAINESVILLE	 	GA	 	30503	 	CUSTOMER
BAILMENT	 	$	43,031	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-GRIFFIN, GA	 	314 W COLLEGE STREET	 	GRIFFIN	 	GA	 	30223	 	CUSTOMER
BAILMENT	 	$	8,588	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-GRIFFIN, GA	 	314 W COLLEGE STREET	 	GRIFFIN	 	GA	 	30223	 	CUSTOMER
BAILMENT	 	$	2,368	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-JESUP, GA	 	630 WEST CHERRY STREET	 	JESUP	 	GA	 	31545	 	CUSTOMER
BAILMENT	 	$	7,231	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-JESUP, GA	 	630 WEST CHERRY STREET	 	JESUP	 	GA	 	31545	 	CUSTOMER
BAILMENT	 	$	1,551	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-MACON, GA	 	1691 BASS ROAD	 	MACON	 	GA	 	31210	 	CUSTOMER
BAILMENT	 	$	13,827	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-MACON, GA	 	1691 BASS ROAD	 	MACON	 	GA	 	31210	 	CUSTOMER
BAILMENT	 	$	5,596	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-MARIETTA, GA	 	1356 COBB INDUSTRIAL DRIVE	 	MARIETTA	 	GA	 	30066	 	CUSTOMER
BAILMENT	 	$	59,363	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-MARIETTA, GA	 	1356 COBB INDUSTRIAL DRIVE	 	MARIETTA	 	GA	 	30066	 	CUSTOMER
BAILMENT	 	$	4,843	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-MILLEDGEVILLE, GA	 	550 HAMMOND ROAD NW	 	MILLEDGEVILLE	 	GA	 	31061	 	CUSTOMER
BAILMENT	 	$	3,131	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 40 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	ATLANTA GAS LIGHT-MILLEDGEVILLE, GA	 	550 HAMMOND ROAD NW	 	MILLEDGEVILLE	 	GA	 	31060	 	CUSTOMER
BAILMENT	 	$	1,059	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-NEWNAN, GA	 	242 BULLSBORO DRIVE	 	NEWNAN	 	GA	 	30263	 	CUSTOMER
BAILMENT	 	$	23,662	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-NEWNAN, GA	 	242 BULLSBORO DRIVE	 	NEWNAN	 	GA	 	30263	 	CUSTOMER
BAILMENT	 	$	3,124	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-RIVERDALE, GA	 	508 HWY 138 SW	 	RIVERDALE	 	GA	 	30274	 	CUSTOMER
BAILMENT	 	$	57,193	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-RIVERDALE, GA	 	508 HWY 138 SW	 	RIVERDALE	 	GA	 	30274	 	CUSTOMER
BAILMENT	 	$	13,011	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-ROME, GA	 	1515 VETERANS MEMORIAL HWY	 	ROME	 	GA	 	30161	 	CUSTOMER
BAILMENT	 	$	16,677	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-ROME, GA	 	1515 VETERANS MEMORIAL HWY	 	ROME	 	GA	 	30161	 	CUSTOMER
BAILMENT	 	$	2,294	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-SAVANNAH, GA	 	1647 CHATHAM PARKWAY	 	SAVANNAH	 	GA	 	31405	 	CUSTOMER
BAILMENT	 	$	20,573	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-SAVANNAH, GA	 	1674 CHATHAM PARKWAY	 	SAVANNAH	 	GA	 	31405	 	CUSTOMER
BAILMENT	 	$	1,340	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 41 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	ATLANTA GAS LIGHT-TUCKER, GA	 	4411 BIBB BLVD	 	TUCKER	 	GA	 	30084	 	CUSTOMER
BAILMENT	 	$	39,558	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-TUCKER, GA	 	4411 BIBB BLVD	 	TUCKER	 	GA	 	30084	 	INTERNAL	 	$	97,787	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-VIDALIA, GA	 	103 BRANTLEY ROAD	 	VADALIA	 	GA	 	30474	 	CUSTOMER
BAILMENT	 	$	1,071	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-VALDOSTA, GA	 	1559 COMMERCE DRIVE	 	VALDOSTA	 	GA	 	31601	 	CUSTOMER
BAILMENT	 	$	7,433	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-VALDOSTA, GA	 	1559 COMMERCE DRIVE	 	VALDOSTA	 	GA	 	31601	 	CUSTOMER
BAILMENT	 	$	1,035	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-VIDALIA, GA	 	103 BRANTLEY ROAD	 	VIDALIA	 	GA	 	30474	 	CUSTOMER
BAILMENT	 	$	7,541	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-WAYCROSS, GA	 	18 MEMORIAL DRIVE	 	WAYCROSS	 	GA	 	31501	 	CUSTOMER
BAILMENT	 	$	7,173	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-WAYCROSS, GA	 	18 MEMORIAL DRIVE	 	WAYCROSS	 	GA	 	31501	 	CUSTOMER
BAILMENT	 	$	960	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-WOODSTOCK, GA	 	451 TOONIGH ROAD	 	WOODSTOCK	 	GA	 	30188	 	CUSTOMER
BAILMENT	 	$	23,481	  	 		  	MCJUNKIN RED MAN CORPORATION
	EQUISTAR-CLINTON, IA	 	MAIN ZONE STORE (CONSIGNED	 	CLINTON	 	IA	 	52732	 	CUSTOMER
BAILMENT	 	$	3,176	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 42 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	ATMOS ENERGY-KEOKUK, IA	 	24 SOUTH 10TH STREET	 	KEOKUK	 	IA	 	52632	 	CUSTOMER
BAILMENT	 	$	17,376	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-HARRISBURG, IL	 	611 NORTH MAIN STREET	 	HARRISBURG	 	IL	 	62946	 	CUSTOMER
BAILMENT	 	$	15,666	  	 		  	MCJUNKIN RED MAN CORPORATION
	CELANESE EMULSIONS-MEREDOSIA, IL	 	1989 OLD NAPLES ROAD	 	MEREDOSIA	 	IL	 	62665	 	CUSTOMER
BAILMENT	 	$	3,391	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-METROPOLIS, IL	 	700 MARKET STREET	 	METROPOLIS	 	IL	 	62960	 	CUSTOMER
BAILMENT	 	$	10,782	  	 		  	MCJUNKIN RED MAN CORPORATION
	EQUISTAR-MORRIS, IL	 	ROUTE 6 & TABLER ROAD	 	MORRIS	 	IL	 	60450	 	CUSTOMER
BAILMENT	 	$	342	  	 		  	MCJUNKIN RED MAN CORPORATION
	EQUISTAR-MORRIS, IL	 	ROUTE 6 & TABLER ROAD	 	MORRIS	 	IL	 	60450	 	CUSTOMER
BAILMENT	 	$	4,926	  	 		  	MCJUNKIN RED MAN CORPORATION
	EQUISTAR-MORRIS, IL	 	ROUTE 6 & TABLER ROAD	 	MORRIS	 	IL	 	60450	 	CUSTOMER
BAILMENT	 	$	14,106	  	 		  	MCJUNKIN RED MAN CORPORATION
	WRB REFINING LLC-ROXANA,IL	 	HWY 111	 	ROXANA	 	IL	 	62084	 	CUSTOMER
BAILMENT	 	$	121,928	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-VANDALIA, IL	 	224 SOUTH 6TH STREET	 	VANDALIA	 	IL	 	62471	 	CUSTOMER
BAILMENT	 	$	15,055	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-VIRDEN, IL	 	136 EAST DEAN STREET	 	VIRDEN	 	IL	 	62690	 	CUSTOMER
BAILMENT	 	$	9,778	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 43 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	AKER KVAERNER SONGER-MUNSTER, IN	 	101 45TH AVENUE, UNIT #1	 	MUNSTER	 	IN	 	46321	 	INTERNAL	 	$	0	  	 		  	MCJUNKIN RED MAN CORPORATION
	MIDWEST PIPE COATERS-SCHERERVILLE, IN	 	925 KENNEDY AVE	 	SCHERERVILLE	 	IN	 	46375	 	THIRD
PARTY -
LINE
PIPE	 	$	33,433	  	 		  	MCJUNKIN RED MAN CORPORATION
	MIDWEST PIPE COATING LLC-SCHERERVILLE, IN	 	925 KENNEDY AVE	 	SCHERERVILLE	 	IN	 	46375	 	THIRD
PARTY -
LINE
PIPE	 	$	1,024,308	  	 		  	MCJUNKIN RED MAN CORPORATION
	MIDWEST PIPE COATING-SCHERERVILLE, IN	 	925 KENNEDY AVENUE	 	SCHERERVILLE	 	IN	 	46375	 	THIRD
PARTY -
LINE
PIPE	 	$	9,446,110	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-ANTHONY, KS	 	224 NORTH MASSACHUSETTS	 	ANTHONY	 	KS	 	67003	 	CUSTOMER
BAILMENT	 	$	9,003	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-BONNER SPRINGS, KS	 	132 NORTH ARMOUR	 	BONNER SPRINGS	 	KS	 	66012	 	CUSTOMER
BAILMENT	 	$	10,821	  	 		  	MCJUNKIN RED MAN CORPORATION
	ONEOK FIELD SERVICES-BUSHTON, KS	 	777 AVENUE Y	 	BUSHTON	 	KS	 	67427	 	CUSTOMER
BAILMENT	 	$	96,590	  	 		  	MCJUNKIN RED MAN CORPORATION
	WEST WICHITA GAS GATHERING, LLC-CHENEY, KS	 	13521 NE 10TH ST	 	CHENEY	 	KS	 	67025	 	CUSTOMER
BAILMENT	 	$	16,696	  	 		  	MCJUNKIN RED MAN CORPORATION
	ANADARKO PETROLEUM-ELKHART, KS	 	1105 SHERMAN AVE	 	ELKHART	 	KS	 	67950	 	CUSTOMER
BAILMENT	 	$	2,297	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-HERINGTON, KS	 	601 WEST MAIN STREET	 	HERINGTON	 	KS	 	67449	 	CUSTOMER
BAILMENT	 	$	12,123	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 44 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	ONEOK FIELD SERVICES-HUGOTON, KS	 	114 WEST 2ND ST	 	HUGOTON	 	KS	 	67951	 	CUSTOMER
BAILMENT	 	$	4,219	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-INDEPENDENCE, KS	 	21ST & MAPLE STREET	 	INDEPENDENCE	 	KS	 	67301	 	CUSTOMER
BAILMENT	 	$	22,838	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-JOHNSON, KS	 	201 SOUTH MAIN STREET	 	JOHNSON	 	KS	 	67855	 	CUSTOMER
BAILMENT	 	$	17,016	  	 		  	MCJUNKIN RED MAN CORPORATION
	ONEOK FIELD SERVICES-MEDICINE LODGE, KS	 	1990 SE HWY 160	 	MEDICINE LODGE	 	KS	 	67104	 	CUSTOMER
BAILMENT	 	$	10,364	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-OLATHE, KS	 	730 NORTH RIDGEVIEW DRIVE	 	OLATHE	 	KS	 	66061	 	CUSTOMER
BAILMENT	 	$	66,674	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-PLEASANTON, KS	 	903 DEPOT STREET	 	PLEASANTON	 	KS	 	66075	 	CUSTOMER
BAILMENT	 	$	4,658	  	 		  	MCJUNKIN RED MAN CORPORATION
	DOUBLE T INDUSTRIES-ROLLA, KS	 	JCT 56 & 51	 	ROLLA	 	KS	 	67954	 	THIRD
PARTY -
OCTG	 	$	5,603	  	 		  	MCJUNKIN RED MAN CORPORATION
	ONEOK FIELD SERVICES-SUN CITY, KS	 	1/2 N & 5 W	 	SUN CITY	 	KS	 	67143	 	CUSTOMER
BAILMENT	 	$	4,665	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-YATES CENTER, KS	 	111 EAST BUTLER STREET	 	YATES CENTER	 	KS	 	66783	 	CUSTOMER
BAILMENT	 	$	12,529	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF KY-ASHLAND, KY	 	121 NINTH ST	 	ASHLAND	 	KY	 	41101	 	CUSTOMER
BAILMENT	 	$	30,893	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 45 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	ATMOS ENERGY-BOWLING GREEN, KY	 	2850 RUSSELLVILLE ROAD	 	BOWLING GREEN	 	KY	 	42101	 	CUSTOMER
BAILMENT	 	$	66,438	  	 		  	MCJUNKIN RED MAN CORPORATION
	WESTLAKE CORP-CALVERT CITY, KY	 	2468 INDUSTRIAL PARKWAY	 	CALVERT CITY	 	KY	 	42029	 	CUSTOMER
BAILMENT	 	$	24,372	  	 		  	MCJUNKIN RED MAN CORPORATION
	WESTLAKE GROUP-CALVERT CITY, KY	 	2468 INDUSTRIAL PARKWAY	 	CALVERT CITY	 	KY	 	42029	 	CUSTOMER
BAILMENT	 	$	477	  	 		  	MCJUNKIN RED MAN CORPORATION
	WESTLAKE GROUP-CALVERT CITY, KY	 	2468 INDUSTRIAL PARKWAY	 	CALVERT CITY	 	KY	 	42029	 	CUSTOMER
BAILMENT	 	$	16,757	  	 		  	MCJUNKIN RED MAN CORPORATION
	WESTLAKE GROUP-CLAVERT CITY, KY	 	2468 INDUSTRIAL PARKWAY	 	CALVERT CITY	 	KY	 	42029	 	CUSTOMER
BAILMENT	 	$	251	  	 		  	MCJUNKIN RED MAN CORPORATION
	WESTLAKE-CALVERT CITY, KY	 	2468 INDUSTRIAL PARKWAY	 	CALVERT CITY	 	KY	 	42029	 	CUSTOMER
BAILMENT	 	$	254	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-CAMPBELLSVILLE, KY	 	410 E MAIN ST	 	CAMPBELLSVILLE	 	KY	 	42718	 	CUSTOMER
BAILMENT	 	$	25,568	  	 		  	MCJUNKIN RED MAN CORPORATION
	MARATHON ASHLAND PETROLEUM-CATLETTSBURG, KY	 	US RT 23 NORTH	 	CATLETTSBURG	 	KY	 	41129	 	TRAILER	 	$	18,934	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-CENTRAL CITY, KY	 	140 CESSNA RD	 	CENTRAL CITY	 	KY	 	42330	 	CUSTOMER
BAILMENT	 	$	4,844	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-DANVILLE, KY	 	449 WHIRLAWAY DR	 	DANVILLE	 	KY	 	40422	 	CUSTOMER
BAILMENT	 	$	29,774	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 46 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	COLUMBIA GAS OF KY-FRANKFORT, KY	 	120-B COMMERCE BLVD	 	FRANKFORT	 	KY	 	40601	 	CUSTOMER
BAILMENT	 	$	25,796	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-GLASGOW, KY	 	200 N BROADWAY	 	GLASGOW	 	KY	 	42141	 	CUSTOMER
BAILMENT	 	$	22,446	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-HOPKINSVILLE, KY	 	1833 EAST 9TH STREET	 	HOPKINSVILLE	 	KY	 	42240	 	CUSTOMER
BAILMENT	 	$	23,808	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF KY-LEXINGTON, KY	 	641 BLUE SKY PARKWAY	 	LEXINGTON	 	KY	 	40512	 	CUSTOMER
BAILMENT	 	$	27,309	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF KY-LEXINGTON, KY	 	2001 MERCER RD	 	LEXINGTON	 	KY	 	40512	 	CUSTOMER
BAILMENT	 	$	36,525	  	 		  	MCJUNKIN RED MAN CORPORATION
	EVANSVILLE SERVICE AREA-LOUISVILLE, KY	 	3405 KRAMERS LANE	 	LOUISVILLE	 	KY	 	40216	 	INTERNAL	 	$	2,931	  	 		  	MCJUNKIN RED MAN CORPORATION
	ROHM & HAAS-LOUISVILLE, KY	 	4300 CAMP GROUND ROAD	 	LOUISVILLE	 	KY	 	40216	 	CUSTOMER
BAILMENT	 	$	7,839	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-MADISONVILLE, KY	 	638 W BROADWAY	 	MADISONVILLE	 	KY	 	42431	 	CUSTOMER
BAILMENT	 	$	40,285	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-MAYFIELD, KY	 	900 COMMONWEALTH DRIVE	 	MAYFIELD	 	KY	 	42066	 	CUSTOMER
BAILMENT	 	$	17,666	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 47 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	COLUMBIA GAS OF KY-MAYSVILLE, KY	 	325 MOODY DR	 	MAYSVILLE	 	KY	 	41056	 	CUSTOMER
BAILMENT	 	$	21,103	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-OWENSBORO, KY	 	3425 NEW HARTFORD RD	 	OWENSBORO	 	KY	 	42303	 	CUSTOMER
BAILMENT	 	$	67,910	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-OWENTON, KY	 	970 HIGHWAY 127 N	 	OWENTON	 	KY	 	40359	 	INTERNAL	 	$	14,006	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-PADUCAH, KY	 	3034 PARKER ST	 	PADUCAH	 	KY	 	42003	 	CUSTOMER
BAILMENT	 	$	44,280	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-PRINCETON, KY	 	307 MARION ROAD	 	PRINCETON	 	KY	 	42445	 	CUSTOMER
BAILMENT	 	$	20,258	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-SHELBYVILLE, KY	 	130 STONECREST RD, SUITE 105	 	SHELBYVILLE	 	KY	 	40065	 	CUSTOMER
BAILMENT	 	$	24,222	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF KY-WINCHESTER, KY	 	281 SHOPPERS DR	 	WINCHESTER	 	KY	 	40391	 	CUSTOMER
BAILMENT	 	$	30,056	  	 		  	MCJUNKIN RED MAN CORPORATION
	TUBO AMELIA SOUTH-AMELIA, LA	 	2112 HWY 662 N	 	AMELIA	 	LA	 	70340	 	THIRD
PARTY -
OCTG	 	$	936,982	  	 		  	MCJUNKIN RED MAN CORPORATION
	BAYOU COATING, LLC-BATON ROUGE, LA	 	12710 LEISURE ROAD	 	BATON ROUGE	 	LA	 	70807	 	THIRD
PARTY -
LINE
PIPE	 	$	559,226	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL CHEMICAL PLASTICS-BATON ROUGE, LA	 	11676 HWY 19	 	BATON ROUGE	 	LA	 	70821	 	CUSTOMER
BAILMENT	 	$	8,309	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL CHEMICAL-BATON ROUGE, LA	 	75 SOUTH AVE B & 37TH ST	 	BATON ROUGE	 	LA	 	70821	 	CUSTOMER
BAILMENT	 	$	8,285	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 48 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	EXXONMOBIL CHEMICAL-BATON ROUGE, LA	 	4999 SCENIC HIGHWAY	 	BATON ROUGE	 	LA	 	70805	 	CUSTOMER
BAILMENT	 	$	1,758	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL CHEMICAL-BATON ROUGE, LA	 	4999 SCENIC HIGHWAY	 	BATON ROUGE	 	LA	 	70805	 	CUSTOMER
BAILMENT	 	$	5,979	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL CHEMICAL-BATON ROUGE, LA	 	4999 SCENIC HIGHWAY	 	BATON ROUGE	 	LA	 	70805	 	CUSTOMER
BAILMENT	 	$	9,581	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL CHEMICAL-BATON ROUGE, LA	 	4999 SCENIC HIGHWAY	 	BATON ROUGE	 	LA	 	70805	 	CUSTOMER
BAILMENT	 	$	2,361	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL CHEMICAL-BATON ROUGE, LA	 	4999 SCENIC HIGHWAY	 	BATON ROUGE	 	LA	 	70805	 	CUSTOMER
BAILMENT	 	$	1,362	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL CHEMICAL-BATON ROUGE, LA	 	4999 SCENIC HIGHWAY	 	BATON ROUGE	 	LA	 	70805	 	CUSTOMER
BAILMENT	 	$	1,089	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL CHEMICAL-BATON ROUGE, LA	 	4999 SCENIC HIGHWAY	 	BATON ROUGE	 	LA	 	70805	 	CUSTOMER
BAILMENT	 	$	832	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL REFINERY-BATON ROUGE, LA	 	3545 SCENIC HWY	 	BATON ROUGE	 	LA	 	70805	 	CUSTOMER
BAILMENT	 	$	1,311	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL REFINERY-BATON ROUGE, LA	 	3545 SCENIC HIGHWAY	 	BATON ROUGE	 	LA	 	70805	 	CUSTOMER
BAILMENT	 	$	1,318	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 49 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	EXXONMOBIL REFINERY-BATON ROUGE, LA	 	3545 SCENIC HIGHWAY	 	BATON ROUGE	 	LA	 	70805	 	CUSTOMER
BAILMENT	 	$	2,683	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL REFINERY-BATON ROUGE, LA	 	3545 SCENIC HIGHWAY	 	BATON ROUGE	 	LA	 	70805	 	CUSTOMER
BAILMENT	 	$	2,370	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL REFINERY-BATON ROUGE, LA	 	3545 SCENIC HIGHWAY	 	BATON ROUGE	 	LA	 	70805	 	CUSTOMER
BAILMENT	 	$	8,092	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL REFINERY-BATON ROUGE, LA	 	3545 SCENIC HIGHWAY	 	BATON ROUGE	 	LA	 	70805	 	CUSTOMER
BAILMENT	 	$	1,362	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL REFINERY-BATON ROUGE, LA	 	3545 SCENIC HIGHWAY	 	BATON ROUGE	 	LA	 	70805	 	CUSTOMER
BAILMENT	 	$	4,877	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL REFINERY-BATON ROUGE, LA	 	3545 SCENIC HIGHWAY	 	BATON ROUGE	 	LA	 	70805	 	CUSTOMER
BAILMENT	 	$	8,312	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL REFINERY-BATON ROUGE, LA	 	3545 SCENIC HIGHWAY	 	BATON ROUGE	 	LA	 	70805	 	CUSTOMER
BAILMENT	 	$	1,933	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL REFINERY-BATON ROUGE, LA	 	3545 SCENIC HIGHWAY	 	BATON ROUGE	 	LA	 	70805	 	CUSTOMER
BAILMENT	 	$	2,370	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL REFINERY-BATON ROUGE, LA	 	3545 SCENIC HIGHWAY	 	BATON ROUGE	 	LA	 	70805	 	CUSTOMER
BAILMENT	 	$	2,318	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL REFINERY-BATON ROUGE, LA	 	4999 SCENIC HIGHWAY	 	BATON ROUGE	 	LA	 	70805	 	CUSTOMER
BAILMENT	 	$	716	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 50 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	EXXONMOBIL REFINERY-BATON ROUGE, LA	 	3545 SCENIC HIGHWAY	 	BATON ROUGE	 	LA	 	70805	 	CUSTOMER
BAILMENT	 	$	5,981	  	 		  	MCJUNKIN RED MAN CORPORATION
	STUPP CORPORATION-BATON ROUGE, LA	 	12555 RONALDSON ROAD	 	BATON ROUGE	 	LA	 	70807	 	THIRD
PARTY -
LINE
PIPE	 	$	3,567,667	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCO PHILLIPS-BELLE CHASSE, LA	 	15551 HIGHWAY 23	 	BELLE CHASSE	 	LA	 	70037	 	CUSTOMER
BAILMENT	 	$	19,750	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCO PHILLIPS-BELLE CHASSE, LA	 	15551 HIGHWAY 23	 	BELLE CHASSE	 	LA	 	70037	 	CUSTOMER
BAILMENT	 	$	12,077	  	 		  	MCJUNKIN RED MAN CORPORATION
	INTERNATIONAL PAPER-CAMPTI, LA	 	4537 HWY 480	 	CAMPTI	 	LA	 	71411	 	CUSTOMER
BAILMENT	 	$	22,048	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL CHALMETTE-CHALMETTE, LA	 	1790 PARIS ROAD	 	CHALMETTE	 	LA	 	70043	 	CUSTOMER
BAILMENT	 	$	16,029	  	 		  	MCJUNKIN RED MAN CORPORATION
	OCCIDENTAL CHEMICAL-CONVENT, LA	 	7377 HIGHWAY 3214	 	CONVENT	 	LA	 	70723	 	CUSTOMER
BAILMENT	 	$	42,840	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCO PHILLIPS-DUBBERLY, LA	 	820 HARVEY BARBERSHOP RD	 	DUBBERLY	 	LA	 	71024	 	TRAILER	 	$	24,757	  	 		  	MCJUNKIN RED MAN CORPORATION
	OXY-GEISMAR, LA	 	8318 ASHLAND DR	 	GEISMAR	 	LA	 	70734	 	CUSTOMER
BAILMENT	 	$	12,846	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS-HAMMOND, LA	 	720 SOUTH MORRISON BLVD	 	HAMMOND	 	LA	 	70401	 	CUSTOMER
BAILMENT	 	$	57,370	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 51 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	MARATHON OIL CO-HAYNESVILLE, LA	 	176 MARATHON RD	 	HAYNESVILLE	 	LA	 	71038	 	CUSTOMER
BAILMENT	 	$	31,276	  	 		  	MCJUNKIN RED MAN CORPORATION
	TUBOSCOPE COATING-HOUMA, LA	 	209 EAST WOODLAWN RANCH RD	 	HOUMA	 	LA	 	70363	 	THIRD
PARTY -
OCTG	 	$	3,083	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS-JONESBORO, LA	 	318 CEDAR ST	 	JONESBORO	 	LA	 	71251	 	CUSTOMER
BAILMENT	 	$	3,669	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS-LAFAYETTE, LA	 	1818 ERASTE LANDRY RD	 	LAFAYETTE	 	LA	 	70506	 	CUSTOMER
BAILMENT	 	$	68,778	  	 		  	MCJUNKIN RED MAN CORPORATION
	CITGO PETROLEUM-LAKE CHARLES, LA	 	HWY 108	 	LAKE CHARLES	 	LA	 	70602	 	CUSTOMER
BAILMENT	 	$	57,234	  	 		  	MCJUNKIN RED MAN CORPORATION
	CITGO REFINERY-LAKE CHARLES, LA	 	HWY 108	 	LAKE CHARLES	 	LA	 	70602	 	CUSTOMER
BAILMENT	 	$	50,389	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS-MANDEVILLE, LA	 	68388 COMPASS WAY EAST	 	MANDEVILLE	 	LA	 	70471	 	CUSTOMER
BAILMENT	 	$	101,785	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS-MARRERO, LA	 	5241 TARAVELLA ROAD	 	MARRERO	 	LA	 	70072	 	CUSTOMER
BAILMENT	 	$	45,341	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS-MERAUX, LA	 	4105 E JUDGE PEREZ DRIVE	 	MERAUX	 	LA	 	70075	 	CUSTOMER
BAILMENT	 	$	24,515	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 52 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	ATMOS-METAIRIE, LA	 	2000 ARNOULT ROAD D	 	METAIRIE	 	LA	 	70004	 	CUSTOMER
BAILMENT	 	$	90,084	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-MONROE, LA	 	800 DELTA DRIVE	 	MONROE	 	LA	 	71203	 	SATELLITE	 	$	153,428	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS-MONROE, LA	 	800 DELTA DRIVE	 	MONROE	 	LA	 	71203	 	CUSTOMER
BAILMENT	 	$	27,705	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS-NATCHITOCHES, LA	 	300 INDUSTRIAL ROAD	 	NATCHITOCHES	 	LA	 	71457	 	CUSTOMER
BAILMENT	 	$	17,486	  	 		  	MCJUNKIN RED MAN CORPORATION
	BAYOU PIPE COATING-NEW IBERIA, LA	 	5200 CURTIS LANE	 	NEW IBERIA	 	LA	 	70562	 	THIRD
PARTY -
LINE
PIPE	 	$	5,361	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS-NORCO, LA	 	101 APPLE STREET	 	NORCO	 	LA	 	70079	 	CUSTOMER
BAILMENT	 	$	52,899	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS-PINEVILLE, LA	 	1903 MILITARY ROAD	 	PINEVILLE	 	LA	 	71360	 	CUSTOMER
BAILMENT	 	$	13,320	  	 		  	MCJUNKIN RED MAN CORPORATION
	CRITERION CATALYSTS CO-PORT ALLEN, LA	 	1699 CATALYSTS DR	 	PORT ALLEN	 	LA	 	70767	 	CUSTOMER
BAILMENT	 	$	14,461	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS-PRAIRIEVILLE, LA	 	38144 POST OFFICE ROAD	 	PRAIRIEVILLE	 	LA	 	70769	 	CUSTOMER
BAILMENT	 	$	40,261	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GULF TRANSMISSION-RAYNE, LA	 	5799 CHURCH POINT HIGHWAY	 	RAYNE	 	LA	 	70578	 	CUSTOMER
BAILMENT	 	$	2,229	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 53 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	AMERICAS STYRENICS LLC-ST JAMES, LA	 	9901 HWY 18 RIVER ROAD	 	ST JAMES	 	LA	 	70086	 	CUSTOMER
BAILMENT	 	$	8,475	  	 		  	MCJUNKIN RED MAN CORPORATION
	CII CARBON-SULPHUR, LA	 	1920 PAK TANK ROAD	 	SULPHUR	 	LA	 	70665	 	CUSTOMER
BAILMENT	 	$	2,322	  	 		  	MCJUNKIN RED MAN CORPORATION
	CITGO PETROLEUM-SULPHUR, LA	 	4401 HWY 108	 	SULPHUR	 	LA	 	70665	 	CUSTOMER
BAILMENT	 	$	52,624	  	 		  	MCJUNKIN RED MAN CORPORATION
	CITGO-SULPHUR, LA	 	HWY 108	 	SULPHUR	 	LA	 	70665	 	CUSTOMER
BAILMENT	 	$	1,620	  	 		  	MCJUNKIN RED MAN CORPORATION
	OCCIDENTAL CHEMICAL-TAFT, LA	 	14 PLANT TAFT-226 HWY 3142	 	TAFT	 	LA	 	70057	 	CUSTOMER
BAILMENT	 	$	22,862	  	 		  	MCJUNKIN RED MAN CORPORATION
	CITGO-WESTLAKE, LA	 	4401 HWY 108	 	WESTLAKE	 	LA	 	70669	 	CUSTOMER
BAILMENT	 	$	55,561	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCO PHILLIPS - WESTLAKE, LA	 	2200 OLD SPANISH TRAIL	 	WESTLAKE	 	LA	 	70669	 	CUSTOMER
BAILMENT	 	$	14,479	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCO PHILLIPS - WESTLAKE, LA	 	2200 OLD SPANISH TRAIL	 	WESTLAKE	 	LA	 	70669	 	CUSTOMER
BAILMENT	 	$	6,134	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCO PHILLIPS-WESTLAKE, LA	 	2200 OLD SPANISH TRAIL	 	WESTLAKE	 	LA	 	70669	 	CUSTOMER
BAILMENT	 	$	38,213	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCOPHILLIPS-WESTLAKE, LA	 	2200 OLD SPANISH TRAIL	 	WESTLAKE	 	LA	 	70669	 	CUSTOMER
BAILMENT	 	$	21,698	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 54 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	CONOCOPHILLIPS-WESTLAKE, LA	 	2200 OLD SPANISH TRAIL	 	WESTLAKE	 	LA	 	70669	 	CUSTOMER
BAILMENT	 	$	14,898	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCOPHILLIPS-WESTLAKE, LA	 	2200 OLD SPANISH TRAIL	 	WESTLAKE	 	LA	 	70669	 	CUSTOMER
BAILMENT	 	$	21,612	  	 		  	MCJUNKIN RED MAN CORPORATION
	EQUISTAR-WESTLAKE, LA	 	HWY 108	 	WESTLAKE	 	LA	 	70669	 	CUSTOMER
BAILMENT	 	$	8,421	  	 		  	MCJUNKIN RED MAN CORPORATION
	EQUISTAR-WESTLAKE, LA	 	HWY 108	 	WESTLAKE	 	LA	 	70669	 	CUSTOMER
BAILMENT	 	$	4,873	  	 		  	MCJUNKIN RED MAN CORPORATION
	HYDRIL-WESTWEGO-WESTWEGO, LA	 	201 WEST KLEIN	 	WESTWEGO	 	LA	 	70094	 	THIRD
PARTY -
OCTG	 	$	218,971	  	 		  	MCJUNKIN RED MAN CORPORATION
	GEORGIA PACIFIC CONSUMER OPERATIONS-ZACHARY, LA	 	1000 WEST MT PLEASANT RD	 	ZACHARY	 	LA	 	70791	 	CUSTOMER
BAILMENT	 	$	4,953	  	 		  	MCJUNKIN RED MAN CORPORATION
	GEORGIA PACIFIC CONSUMER OPERATIONS-ZACHARY, LA	 	1000 WEST MT PLEASANT RD	 	ZACHARY	 	LA	 	70791	 	CUSTOMER
BAILMENT	 	$	3,922	  	 		  	MCJUNKIN RED MAN CORPORATION
	GEORGIA PACIFIC CONSUMER OPERATIONS-ZACHARY, LA	 	1000 WEST MT PLEASANT RD	 	ZACHARY	 	LA	 	70791	 	CUSTOMER
BAILMENT	 	$	3,816	  	 		  	MCJUNKIN RED MAN CORPORATION
	FONTANA’S VERDIN, MB-VIRDEN, MB	 	BOX 2067	 	VIRDEN	 	MB	 	R0M2C0	 	THIRD
PARTY -
OCTG	 	$	64,455	  	 		  	MIDFIELD SUPPLY ULC
	1ST CHOICE-KALKASKA, MI	 	1256 THOMAS ROAD	 	KALKASKA	 	MI	 	49646	 	THIRD
PARTY -
PBB	 	$	206,757	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 55 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	SUPERIOR INSPECTION SERVICE, INC-KALKASKA, MI	 	1864 PROUGH ROAD SW	 	KALKASKA	 	MI	 	49646	 	THIRD
PARTY -
PBB	 	$	551,497	  	 		  	MCJUNKIN RED MAN CORPORATION
	DUPONT-MT. CLEMENS, MI	 	400 GROESBECK HIGHWAY	 	MT CLEMENS	 	MI	 	48043	 	CUSTOMER
BAILMENT	 	$	3,105	  	 		  	MCJUNKIN RED MAN CORPORATION
	VERSO PAPER-QUINNESEC, MI	 	US HIGHWAY 2	 	QUINNESEC	 	MI	 	49876	 	CUSTOMER
BAILMENT	 	$	29,423	  	 		  	MCJUNKIN RED MAN CORPORATION
	INDUSTRIAL RUBBER-HIBBING, MN	 	3804 EAST 13TH AVENUE	 	HIBBING MN	 	MN	 	55746	 	THIRD
PARTY -
PBB	 	$	4,397	  	 		  	MCJUNKIN RED MAN CORPORATION
	SAINT PAUL PARK REFINING CO LLC-SAINT PAUL PARK, MN	 	459 3RD STREET	 	SAINT PAUL PARK	 	MN	 	55071	 	CUSTOMER
BAILMENT	 	$	927	  	 		  	MCJUNKIN RED MAN CORPORATION
	VERSO PAPER-SARTELL, MN	 	100 EAST SARTELL STREET	 	SARTELL	 	MN	 	56377	 	CUSTOMER
BAILMENT	 	$	25,438	  	 		  	MCJUNKIN RED MAN CORPORATION
	SAINT PAUL PARK REFINING CO LLC-SAINT PAUL PARK, MN	 	459 3RD STREET	 	ST. PAUL	 	MN	 	50071	 	CUSTOMER
BAILMENT	 	$	2,891	  	 		  	MCJUNKIN RED MAN CORPORATION
	SAINT PAUL PARK REFINING CO LLC-SAINT PAUL PARK, MN	 	459 3RD STREET	 	ST. PAUL	 	MN	 	50071	 	CUSTOMER
BAILMENT	 	$	1,276	  	 		  	MCJUNKIN RED MAN CORPORATION
	SAINT PAUL PARK REFINING CO LLC-SAINT PAUL PARK, MN	 	459 3RD STREET	 	ST. PAUL	 	MN	 	50071	 	CUSTOMER
BAILMENT	 	$	6,207	  	 		  	MCJUNKIN RED MAN CORPORATION
	SAINT PAUL PARK REFINING CO LLC-SAINT PAUL PARK, MN	 	459 3RD STREET	 	ST. PAUL	 	MN	 	50071	 	CUSTOMER
BAILMENT	 	$	3,976	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 56 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	SAINT PAUL PARK REFINING CO LLC-SAINT PAUL PARK, MN	 	459 3RD STREET	 	ST. PAUL	 	MN	 	50071	 	CUSTOMER
BAILMENT	 	$	1,868	  	 		  	MCJUNKIN RED MAN CORPORATION
	SAINT PAUL PARK REFINING CO LLC-SAINT PAUL PARK, MN	 	459 3RD STREET	 	ST. PAUL	 	MN	 	50071	 	CUSTOMER
BAILMENT	 	$	1,275	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-BUTLER, MO	 	100 SOUTH MAIN STREET	 	BUTLER	 	MO	 	64730	 	CUSTOMER
BAILMENT	 	$	10,474	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-CARUTHERSVILLE, MO	 	900 TRUMAN BLVD	 	CARUTHERSVILLE	 	MO	 	63830	 	CUSTOMER
BAILMENT	 	$	28,106	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-HANNIBAL, MO	 	2 INDUSTRIAL LOOP ROAD	 	HANNIBAL	 	MO	 	63401	 	CUSTOMER
BAILMENT	 	$	17,252	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-JACKSON, MO	 	720 LEE AVENUE	 	JACKSON	 	MO	 	63755	 	CUSTOMER
BAILMENT	 	$	36,902	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-KIRKSVILLE, MO	 	916 NORTH GREEN STREET	 	KIRKSVILLE	 	MO	 	63501	 	CUSTOMER
BAILMENT	 	$	18,315	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-MALDEN, MO	 	216 WEST MAIN STREET	 	MALDEN	 	MO	 	63863	 	CUSTOMER
BAILMENT	 	$	21,329	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-SIKESTON, MO	 	142 NORTH RANNEY STREET	 	SIKESTON	 	MO	 	63801	 	CUSTOMER
BAILMENT	 	$	42,241	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-CLARKSDALE, MS	 	121 DELTA STREET	 	CLARKSDALE	 	MS	 	38614	 	CUSTOMER
BAILMENT	 	$	1,958	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 57 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	ATMOS ENERGY-CLEVELAND, MS	 	107 W SUNFLOWER ROAD	 	CLEVELAND	 	MS	 	38732	 	CUSTOMER
BAILMENT	 	$	2,262	  	 		  	MCJUNKIN RED MAN CORPORATION
	AKZO NOBEL-COLUMBUS, MS	 	4374 NASHVILLE FERRY RD E	 	COLUMBUS	 	MS	 	39702	 	CUSTOMER
BAILMENT	 	$	30,892	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-COLUMBUS, MS	 	1423 MAIN STREET	 	COLUMBUS	 	MS	 	39701	 	CUSTOMER
BAILMENT	 	$	9,544	  	 		  	MCJUNKIN RED MAN CORPORATION
	DUPONT-DELISLE, MS	 	7685 KILN & DELISLE ROAD	 	DELISLE	 	MS	 	39571	 	CUSTOMER
BAILMENT	 	$	81,399	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-FLOWOOD, MS	 	790 LIBERTY ROAD	 	FLOWOOD	 	MS	 	39232	 	CUSTOMER
BAILMENT	 	$	7,948	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-GREENVILLE, MS	 	332 MAIN STREET	 	GREENVILLE	 	MS	 	38701	 	CUSTOMER
BAILMENT	 	$	6,391	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-GREENWOOD, MS	 	120 EAST CHURCH STREET	 	GREENWOOD	 	MS	 	38930	 	CUSTOMER
BAILMENT	 	$	2,090	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-GRENADA, MS	 	1456 COMMERCE STREET	 	GRENADA	 	MS	 	38901	 	CUSTOMER
BAILMENT	 	$	4,234	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-INDIANOLA, MS	 	100 B FRONT STREET	 	INDIANOLA	 	MS	 	38751	 	CUSTOMER
BAILMENT	 	$	4,286	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 58 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	COLUMBIA GULF TRANSMISSION-INVERNESS, MS	 	4161 FOUR MILE ROAD	 	INVERNESS	 	MS	 	38753	 	CUSTOMER
BAILMENT	 	$	1,579	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-JACKSON, MS	 	4155 INDUSTRIAL DRIVE	 	JACKSON	 	MS	 	39209	 	CUSTOMER
BAILMENT	 	$	48,903	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-JACKSON, MS	 	4155 INDUSTRIAL DRIVE	 	JACKSON	 	MS	 	39209	 	SATELLITE	 	$	604,825	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-JACKSON, MS	 	4155 INDUSTRIAL DRIVE	 	JACKSON	 	MS	 	39209	 	CUSTOMER
BAILMENT	 	$	65,246	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-KOSKIUSKO, MS	 	510 VETERANS MEMORIAL DR	 	KOSKIUSKO	 	MS	 	39090	 	CUSTOMER
BAILMENT	 	$	9,236	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-MERIDIAN, MS	 	1701 6TH STREET	 	MERIDIAN	 	MS	 	39301	 	CUSTOMER
BAILMENT	 	$	7,198	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-NATCHEZ, MS	 	54 E FRANKLIN STREET	 	NATCHEZ	 	MS	 	39120	 	CUSTOMER
BAILMENT	 	$	3,871	  	 		  	MCJUNKIN RED MAN CORPORATION
	FIRST CHEMICAL-PASCAGOULA, MS	 	1001 INDUSTRIAL ROAD	 	PASCAGOULA	 	MS	 	39568	 	CUSTOMER
BAILMENT	 	$	4,019	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-SOUTHAVEN, MS	 	5249 PEPPERCHASE DRIVE	 	SOUTHAVEN	 	MS	 	38671	 	CUSTOMER
BAILMENT	 	$	26,830	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-STARKVILLE, MS	 	402 UNIVERSITY DRIVE	 	STARKVILLE	 	MS	 	39759	 	CUSTOMER
BAILMENT	 	$	3,637	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 59 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	ATMOS ENERGY-TUPELO, MS	 	1308 WEST MAIN STREET	 	TUPELO	 	MS	 	38801	 	CUSTOMER
BAILMENT	 	$	7,302	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-WEST POINT, MS	 	120 S DIVISION STREET	 	WEST POINT	 	MS	 	39773	 	CUSTOMER
BAILMENT	 	$	2,054	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-YAZOO CITY, MS	 	941 CALHOUN AVE	 	YAZOO CITY	 	MS	 	39194	 	CUSTOMER
BAILMENT	 	$	5,365	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCO PHILLIPS-BAKER, MT	 	HWY 7	 	BAKER	 	MT	 	59313	 	CUSTOMER
BAILMENT	 	$	30,059	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCO PHILLIPS-BILLINGS, MT	 	401 S 23RD STREET	 	BILLINGS	 	MT	 	59103	 	CUSTOMER
BAILMENT	 	$	47,276	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXON CO USA MO1511-BILLINGS, MT	 	700 EXXON ROAD	 	BILLINGS	 	MT	 	59103	 	CUSTOMER
BAILMENT	 	$	22,959	  	 		  	MCJUNKIN RED MAN CORPORATION
	HAVRE PIPELINE-HAVRE, MT	 	CLEAR CREEK ROAD	 	HAVRE	 	MT	 	59501	 	CUSTOMER
BAILMENT	 	$	33,921	  	 		  	MCJUNKIN RED MAN CORPORATION
	PIEDMONT NATURAL GAS-BURLINGTON, NC	 	1116 RAINEY STREET	 	BURLINGTON	 	NC	 	27215	 	CUSTOMER
BAILMENT	 	$	20,383	  	 		  	MCJUNKIN RED MAN CORPORATION
	ELEMENTIS CHROMIUM-CASTLE HAYNE, NC	 	5408 HOLLY SHELTER ROAD	 	CASTLE HAYNE	 	NC	 	28429	 	CUSTOMER
BAILMENT	 	$	2,522	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 60 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	PIEDMONT NATURAL GAS-CHARLOTTE, NC	 	8700 MONROE ROAD	 	CHARLOTTE	 	NC	 	28212	 	CUSTOMER
BAILMENT	 	$	11,785	  	 		  	MCJUNKIN RED MAN CORPORATION
	PIEDMONT NATURAL GAS-CHARLOTTE, NC	 	11110 MT HOLLY-HUNTERSVILE	 	CHARLOTTE	 	NC	 	28214	 	CUSTOMER
BAILMENT	 	$	12,131	  	 		  	MCJUNKIN RED MAN CORPORATION
	PIEDMONT NATURAL GAS-ELIZABETH CITY, NC	 	105-B IMPACT BLVD	 	ELIZABETH CITY	 	NC	 	27919	 	CUSTOMER
BAILMENT	 	$	16,115	  	 		  	MCJUNKIN RED MAN CORPORATION
	DUPONT TEIJIN FILMS U S L P-FAYETTEVILLE, NC	 	3220 CEDAR CREEK RD	 	FAYETTEVILLE	 	NC	 	28302	 	CUSTOMER
BAILMENT	 	$	8,502	  	 		  	MCJUNKIN RED MAN CORPORATION
	DUPONT-FAYETTEVILLE, NC	 	22828 HWY 87 WEST	 	FAYETTEVILLE	 	NC	 	28306	 	CUSTOMER
BAILMENT	 	$	30,827	  	 		  	MCJUNKIN RED MAN CORPORATION
	PIEDMONT NATURAL GAS-FAYETTEVILLE, NC	 	1069 WILKES ROAD	 	FAYETTEVILLE	 	NC	 	28306	 	CUSTOMER
BAILMENT	 	$	15,880	  	 		  	MCJUNKIN RED MAN CORPORATION
	PIEDMONT NATURAL GAS-GREENSBORO, NC	 	2011 GREENGATE DRIVE	 	GREENSBORO	 	NC	 	27406	 	CUSTOMER
BAILMENT	 	$	20,697	  	 		  	MCJUNKIN RED MAN CORPORATION
	PIEDMONT NATURAL GAS-HICKORY, NC	 	1921 8TH AVENUE NW	 	HICKORY	 	NC	 	28601	 	CUSTOMER
BAILMENT	 	$	20,576	  	 		  	MCJUNKIN RED MAN CORPORATION
	PIEDMONT NATURAL GAS-HIGH POINT, NC	 	2623 UWHARRIE ROAD	 	HIGH POINT	 	NC	 	27263	 	CUSTOMER
BAILMENT	 	$	20,620	  	 		  	MCJUNKIN RED MAN CORPORATION
	PIEDMONT NATURAL GAS-MONROE, NC	 	5601 CANNON DRIVE	 	MONROE	 	NC	 	28110	 	CUSTOMER
BAILMENT	 	$	20,109	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 61 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	CLARIANT CORP-MOUNT HOLLY, NC	 	EAST CATAWBA AVENUE	 	MOUNT HOLLY	 	NC	 	28120	 	CUSTOMER
BAILMENT	 	$	4,836	  	 		  	MCJUNKIN RED MAN CORPORATION
	PIEDMONT NATURAL GAS-NEW BERN, NC	 	111 CORPORATE LANE	 	NEW BERN	 	NC	 	28560	 	CUSTOMER
BAILMENT	 	$	16,093	  	 		  	MCJUNKIN RED MAN CORPORATION
	PIEDMONT NATURAL GAS-REIDSVILLE, NC	 	825 WAY STREET	 	REIDSVILLE	 	NC	 	27323	 	CUSTOMER
BAILMENT	 	$	20,448	  	 		  	MCJUNKIN RED MAN CORPORATION
	PIEDMONT NATURAL GAS-ROCKINGHAM, NC	 	325 OLD CHARLOTTE HIGHWAY	 	ROCKINGHAM	 	NC	 	28379	 	CUSTOMER
BAILMENT	 	$	19,565	  	 		  	MCJUNKIN RED MAN CORPORATION
	PIEDMONT NATURAL GAS-SALISBURY, NC	 	324 EAST LIBERTY STREET	 	SALISBURY	 	NC	 	28144	 	CUSTOMER
BAILMENT	 	$	20,630	  	 		  	MCJUNKIN RED MAN CORPORATION
	PIEDMONT NATURAL GAS-SPRUCE PINE, NC	 	6781 US 19E HIGHWAY	 	SPRUCE PINE	 	NC	 	28777	 	CUSTOMER
BAILMENT	 	$	20,234	  	 		  	MCJUNKIN RED MAN CORPORATION
	PIEDMONT NATURAL GAS-TARBORO, NC	 	410 DOWD STREET	 	TARBORO	 	NC	 	27886	 	CUSTOMER
BAILMENT	 	$	15,924	  	 		  	MCJUNKIN RED MAN CORPORATION
	PIEDMONT NATURAL GAS-WILMINGTON, NC	 	1310 SOUTH 10TH STREET	 	WILMINGTON	 	NC	 	28401	 	CUSTOMER
BAILMENT	 	$	16,237	  	 		  	MCJUNKIN RED MAN CORPORATION
	PIEDMONT NATURAL GAS-WINSTON-SALEM, NC	 	2300 LOWERY STREET	 	WINSTON SALEM	 	NC	 	27101	 	CUSTOMER
BAILMENT	 	$	20,749	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 62 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	HESS CORP-CHARLSON, ND	 	10391 43RD ST NW	 	CHARLSON	 	ND	 	58763	 	SATELLITE	 	$	762,128	  	 		  	MCJUNKIN RED MAN CORPORATION
	TIOGA, ND	 	10356 68TH ST NORTHWEST	 	TIOGA	 	ND	 	58852	 	FF	 	$	3,044,851	  	 		  	MCJUNKIN RED MAN CORPORATION
	BLACK HILLS TRUCKING-WILLISTON, ND	 	1008 58TH ST W	 	WILLISTON	 	ND	 	58801	 	THIRD
PARTY -
OCTG	 	$	266,197	  	 		  	MCJUNKIN RED MAN CORPORATION
	STALLION OILFIELD SERVICE-WILLISTON, ND	 	14070 49TH STREET NW	 	WILLISTON	 	ND	 	58801	 	THIRD
PARTY -
OCTG	 	$	4,232,559	  	 		  	MCJUNKIN RED MAN CORPORATION
	TUBOSCOPE-WILLISTON, ND	 	N COUNTY ROAD 7	 	WILLISTON	 	ND	 	58801	 	THIRD
PARTY -
OCTG	 	$	2,365,784	  	 		  	MCJUNKIN RED MAN CORPORATION
	CASTRONICS-KIMBALL, NE	 	EAST HIGHWAY 30	 	KIMBALL	 	NE	 	69145	 	THIRD
PARTY -
OCTG	 	$	402,378	  	 		  	MCJUNKIN RED MAN CORPORATION
	CASTRONICS-KIMBALL, NE	 	E HWY 30	 	KIMBALL	 	NE	 	69145	 	THIRD
PARTY -
OCTG	 	$	274,346	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-PLATTSMOUTH, NE	 	203 WILES ROAD	 	PLATTSMOUTH	 	NE	 	68048	 	INTERNAL	 	$	104,303	  	 		  	MCJUNKIN RED MAN CORPORATION
	NEW MEXICO GAS COMPANY-PLATTSMOUTH, NE	 	203 WILES ROAD	 	PLATTSMOUTH	 	NE	 	68048	 	INTERNAL	 	$	93,075	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHESAPEAKE-SIDNEY, NE	 	2321 INDUSTRIAL AVE	 	SIDNEY	 	NE	 	69162	 	THIRD
PARTY -
CS	 	$	733,084	  	 		  	MCJUNKIN RED MAN CORPORATION
	COMMERCIAL RESINS-SIDNEY, NE	 	3232 RD 101 EAST BLDG 232	 	SIDNEY	 	NE	 	69162	 	THIRD
PARTY -
LINE
PIPE	 	$	17,925,075	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-FLEMINGTON, NJ	 	60 EAST MAIN STREET	 	FLEMINGTON	 	NJ	 	08822	 	CUSTOMER
BAILMENT	 	$	10,957	  	 		  	MCJUNKIN RED MAN CORPORATION
	ELIZABETHTOWN GAS-FLEMINGTON, NJ	 	60 EAST MAIN STREET	 	FLEMINGTON	 	NJ	 	08822	 	CUSTOMER
BAILMENT	 	$	938	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 63 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	SOUTH JERSEY GAS-FRANKLINVILLE, NJ	 	3345 DELSEA DRIVE	 	FRANKLINVILLE	 	NJ	 	08332	 	CUSTOMER
BAILMENT	 	$	12,193	  	 		  	MCJUNKIN RED MAN CORPORATION
	SOUTH JERSEY GAS-GLASSBORO, NJ	 	142 SOUTH MAIN STREET	 	GLASSBORO	 	NJ	 	08028	 	CUSTOMER
BAILMENT	 	$	48,960	  	 		  	MCJUNKIN RED MAN CORPORATION
	SOUTH JERSEY GAS-MILLVILLE, NJ	 	1211 NORTH 2ND STREET	 	MILLVILLE	 	NJ	 	08332	 	CUSTOMER
BAILMENT	 	$	55,589	  	 		  	MCJUNKIN RED MAN CORPORATION
	SOUTH JERSEY GAS-PLEASANTVILLE, NJ	 	111 NORTH FRANKLIN AVENUE	 	PLEASANTVILLE	 	NJ	 	08232	 	CUSTOMER
BAILMENT	 	$	57,444	  	 		  	MCJUNKIN RED MAN CORPORATION
	SOUTH JERSEY GAS-PLEASANTVILLE, NJ	 	230 NEW NORTH ROAD	 	PLEASANTVILLE	 	NJ	 	08232	 	CUSTOMER
BAILMENT	 	$	9,917	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-STEWARTSVILLE, NJ	 	148 EDISON ROAD	 	STEWARTSVILLE	 	NJ	 	08886	 	CUSTOMER
BAILMENT	 	$	20,427	  	 		  	MCJUNKIN RED MAN CORPORATION
	ELIZABETHTOWN GAS-STEWARTSVILLE, NJ	 	148 EDISON ROAD	 	STEWARTSVILLE	 	NJ	 	08886	 	CUSTOMER
BAILMENT	 	$	2,511	  	 		  	MCJUNKIN RED MAN CORPORATION
	SOUTH JERSEY GAS-SWAINTON, NJ	 	1708 RT 9 NORTH	 	SWAINTON	 	NJ	 	08210	 	CUSTOMER
BAILMENT	 	$	66,042	  	 		  	MCJUNKIN RED MAN CORPORATION
	SOUTH JERSEY GAS-SWAINTON, NJ	 	916 RT 9 NORTH	 	SWAINTON	 	NJ	 	08210	 	CUSTOMER
BAILMENT	 	$	8,999	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 64 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	ATLANTA GAS LIGHT-UNION, NJ	 	UTILITIES ROAD	 	UNION	 	NJ	 	07083	 	CUSTOMER
BAILMENT	 	$	65,862	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-UNION, NJ	 	UTILITIES ROAD	 	UNION	 	NJ	 	07083	 	CUSTOMER
BAILMENT	 	$	1,877	  	 		  	MCJUNKIN RED MAN CORPORATION
	SOUTH JERSEY GAS-VINELAND, NJ	 	805 SHERIDAN AVE	 	VINELAND	 	NJ	 	08361	 	CUSTOMER
BAILMENT	 	$	13,088	  	 		  	MCJUNKIN RED MAN CORPORATION
	SOUTH JERSEY GAS-WATERFORD WORKS, NJ	 	305 CENTER AVENUE	 	WATERFORD WORKS	 	NJ	 	08089	 	CUSTOMER
BAILMENT	 	$	2,357	  	 		  	MCJUNKIN RED MAN CORPORATION
	AGAVE ENERGY-ARTESIA, NM	 	288 KINCAID RD	 	ARTESIA	 	NM	 	88210	 	CUSTOMER
BAILMENT	 	$	7,391	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON-AZTEC, NM	 	332 RD 3100	 	AZTEC	 	NM	 	87410	 	CUSTOMER
BAILMENT	 	$	13,608	  	 		  	MCJUNKIN RED MAN CORPORATION
	ENERGEN RESOURCES CORP-AZTEC, NM	 	811 SOUTH MAIN ST	 	AZTEC	 	NM	 	87410	 	CUSTOMER
BAILMENT	 	$	14,579	  	 		  	MCJUNKIN RED MAN CORPORATION
	TUBO-INSP-FARMINGTON-AZTEC, NM	 	#30 ROAD 3351	 	AZTEC	 	NM	 	87410	 	THIRD
PARTY -
OCTG	 	$	224,155	  	 		  	MCJUNKIN RED MAN CORPORATION
	WPX ENERGY-AZTEC, NM	 	721 S MAIN STREET	 	AZTEC	 	NM	 	87410	 	TRAILER	 	$	19,250	  	 		  	MCJUNKIN RED MAN CORPORATION
	WPX ENERGY-AZTEC, NM	 	721 S MAIN STREET	 	AZTEC	 	NM	 	87410	 	CUSTOMER
BAILMENT	 	$	3,964	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 65 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	WPX ENERGY-AZTEC, NM	 	721 S MAIN STREET	 	AZTEC	 	NM	 	87410	 	TRAILER	 	$	27,694	  	 		  	MCJUNKIN RED MAN CORPORATION
	WILLIAMS FIELD SERVICE-BLANCO, NM	 	MILE MARKER 100.5 HWY 64	 	BLANCO	 	NM	 	87412	 	CUSTOMER
BAILMENT	 	$	0	  	 		  	MCJUNKIN RED MAN CORPORATION
	WILLIAMS FIELD SERVICE-BLOOMFIELD, NM	 	#190 COUNTY ROAD 4980	 	BLOOMFIELD	 	NM	 	87413	 	CUSTOMER
BAILMENT	 	$	40,614	  	 		  	MCJUNKIN RED MAN CORPORATION
	WILLIAMS FIELD SERVICE-BLOOMFIELD, NM	 	#190 COUNTY ROAD 4980	 	BLOOMFIELD	 	NM	 	87413	 	CUSTOMER
BAILMENT	 	$	6,219	  	 		  	MCJUNKIN RED MAN CORPORATION
	EUNICE - MIDDLE PLANT-EUNICE, NM	 	STATE ROAD 176	 	EUNICE	 	NM	 	88231	 	CUSTOMER
BAILMENT	 	$	14,725	  	 		  	MCJUNKIN RED MAN CORPORATION
	TARGA RESOURCES-EUNICE, NM	 	3/4 MILE S OF TEXAS AVE & FOURTH ST	 	EUNICE	 	NM	 	88231	 	CUSTOMER
BAILMENT	 	$	2,979	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHESAPEAKE OPERATING INC-HOBBS, NM	 	1616 WEST BENDER BLVD	 	HOBBS	 	NM	 	88240	 	CUSTOMER
BAILMENT	 	$	49,152	  	 		  	MCJUNKIN RED MAN CORPORATION
	MRM SATELLITE STORE-HOBBS, NM	 	1611 WEST MARLAND ST	 	HOBBS	 	NM	 	88240	 	SATELLITE	 	$	1,089,290	  	 		  	MCJUNKIN RED MAN CORPORATION
	NAVAJO REFINING-LOVINGTON, NM	 	LOVINGTON HIGHWAY	 	LOVINGTON	 	NM	 	88260	 	CUSTOMER
BAILMENT	 	$	6,122	  	 		  	MCJUNKIN RED MAN CORPORATION
	TARGA RESOURCES-LOVINGTON, NM	 	LOVINGTON HIGHWAY	 	LOVINGTON	 	NM	 	88260	 	CUSTOMER
BAILMENT	 	$	7,321	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 66 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	TARGA RESOURCES-LOVINGTON, NM	 	LOVINGTON HIGHWAY	 	LOVINGTON	 	NM	 	88260	 	CUSTOMER
BAILMENT	 	$	0	  	 		  	MCJUNKIN RED MAN CORPORATION
	TARGA RESOURCES-MONUMENT, NM	 	MONUMENT HIGHWAY	 	MONUMENT	 	NM	 	88265	 	CUSTOMER
BAILMENT	 	$	11,803	  	 		  	MCJUNKIN RED MAN CORPORATION
	TALISMAN ENERGY-BIG FLATS, NY	 	60 HAMMOND STREET We no longer lease this property	 	BIG FLATS	 	NY	 	14814	 	TRAILER	 	$	31,162	  	 		  	MCJUNKIN RED MAN CORPORATION
	MOMENTIVE PERFORMANCE-WATERFORD, NY	 	260 HUDSON RIVER ROAD	 	WATERFORD	 	NY	 	12188	 	CUSTOMER
BAILMENT	 	$	70,635	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-ALLIANCE, OH	 	2225-1/2 UNION AVE	 	ALLIANCE	 	OH	 	44601	 	CUSTOMER
BAILMENT	 	$	10,718	  	 		  	MCJUNKIN RED MAN CORPORATION
	MILLENNIUM CHEMICALS-ASHTABULA, OH	 	2900 MIDDLE ROAD	 	ASHTABULA	 	OH	 	44004	 	CUSTOMER
BAILMENT	 	$	51,365	  	 		  	MCJUNKIN RED MAN CORPORATION
	MILLENNIUM-ASHTABULA, OH	 	2900 MIDDLE ROAD	 	ASHTABULA	 	OH	 	44004	 	FF	 	$	241,096	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-ATHENS, OH	 	19 BLUELINE DR	 	ATHENS	 	OH	 	45701	 	CUSTOMER
BAILMENT	 	$	28,270	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-BELLAIRE, OH	 	5303 N GUEMSEY ST	 	BELLAIRE	 	OH	 	43906	 	CUSTOMER
BAILMENT	 	$	31,923	  	 		  	MCJUNKIN RED MAN CORPORATION
	KRATON POLYMERS-BELPRE, OH	 	RT. 50 WEST	 	BELPRE	 	OH	 	45714	 	CUSTOMER
BAILMENT	 	$	14,035	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 67 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	WESTERMAN CO-BREMEN, OH	 	245 N BROAD ST	 	BREMEN	 	OH	 	43107	 	THIRD
PARTY -
PBB	 	$	80,580	  	 		  	MCJUNKIN RED MAN CORPORATION
	TMK IPSCO-BROOKFIELD, OH	 	6880 PARKWAY DRIVE	 	BROOKFIELD	 	OH	 	44403	 	THIRD
PARTY -
OCTG	 	$	4,130	  	 		  	MCJUNKIN RED MAN CORPORATION
	VECTREN UTILITIES-BROOKVILLE, OH	 	354 CARR DR	 	BROOKVILLE	 	OH	 	45309	 	TRAILER	 	$	27,351	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-CAMBRIDGE, OH	 	98 STEUBENVILLE AVE	 	CAMBRIDGE	 	OH	 	43725	 	CUSTOMER
BAILMENT	 	$	33,661	  	 		  	MCJUNKIN RED MAN CORPORATION
	DANSCO MANUFACTURING-CANTON, OH	 	2149 MOORE AVENUE SE	 	CANTON	 	OH	 	44707	 	THIRD
PARTY -
OCTG	 	$	12,032	  	 		  	MCJUNKIN RED MAN CORPORATION
	MARATHON PETROLEUM CO-CANTON, OH	 	3500 21ST STREET SW	 	CANTON	 	OH	 	44706	 	TRAILER	 	$	727	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-CHILLICOTHE, OH	 	843 PIATT AVE	 	CHILLICOTHE	 	OH	 	45601	 	CUSTOMER
BAILMENT	 	$	20,272	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-CIRCLEVILLE, OH	 	150 EDISON AVE	 	CIRCLEVILLE	 	OH	 	43113	 	CUSTOMER
BAILMENT	 	$	18,664	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-COLUMBUS, OH	 	3550 JOHNNY APPLESEED	 	COLUMBUS	 	OH	 	43231	 	CUSTOMER
BAILMENT	 	$	71,772	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-COLUMBUS, OH	 	1440 MCNAUGHTEN RD	 	COLUMBUS	 	OH	 	43016	 	CUSTOMER
BAILMENT	 	$	59,249	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-COSHOCTON, OH	 	515 N 3RD ST	 	COSHOCTON	 	OH	 	43812	 	CUSTOMER
BAILMENT	 	$	34,961	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 68 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	BENMIT DIVISION-DALTON, OH	 	14852 WEST LINCOLN ST	 	DALTON	 	OH	 	44618	 	THIRD
PARTY -
OCTG	 	$	5,657,898	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-EAST LIVERPOOL, OH	 	16181 ANNESLEY RD	 	EAST LIVERPOOL	 	OH	 	43920	 	CUSTOMER
BAILMENT	 	$	22,880	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-FINDLAY, OH	 	1800 BROAD AVE	 	FINDLAY	 	OH	 	45840	 	CUSTOMER
BAILMENT	 	$	36,376	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-FREMONT, OH	 	1525 PORT CLINTON RD	 	FREMONT	 	OH	 	43420	 	CUSTOMER
BAILMENT	 	$	37,297	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-GALLIPOLIS, OH	 	3628 JACKSON PK	 	GALLIPOLIS	 	OH	 	45631	 	CUSTOMER
BAILMENT	 	$	16,339	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-GROVE CITY, OH	 	2650 LEWIS CENTER WAY	 	GROVE CITY	 	OH	 	43123	 	CUSTOMER
BAILMENT	 	$	63,873	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-IRONTON, OH	 	215 N 7TH ST	 	IRONTON	 	OH	 	45638	 	CUSTOMER
BAILMENT	 	$	24,747	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-JACKSON, OH	 	10581 CHILLICOTHE PARK	 	JACKSON	 	OH	 	45640	 	CUSTOMER
BAILMENT	 	$	15,913	  	 		  	MCJUNKIN RED MAN CORPORATION
	INEOS-LIMA, OH	 	FT AMANDA & ADGATE ROADS	 	LIMA	 	OH	 	45802	 	CUSTOMER
BAILMENT	 	$	21,912	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 69 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	INEOS-LIMA, OH	 	FT AMANDA & ADGATE ROADS	 	LIMA	 	OH	 	45802	 	CUSTOMER
BAILMENT	 	$	5,276	  	 		  	MCJUNKIN RED MAN CORPORATION
	PROCTOR&GAMBLE C/O HJ RUSSELL/FDI-CINCINNATI, OH	 	3875 RESERVOIR ROAD	 	LIMA	 	OH	 	45801	 	CUSTOMER
BAILMENT	 	$	9,626	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-LORAIN, OH	 	3101 N RIDGE ROAD	 	LORAIN	 	OH	 	44055	 	CUSTOMER
BAILMENT	 	$	86,735	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-MANSFIELD, OH	 	1021 N MAIN ST	 	MANSFIELD	 	OH	 	44906	 	CUSTOMER
BAILMENT	 	$	47,424	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-MARION, OH	 	126 LEADER ST	 	MARION	 	OH	 	43302	 	CUSTOMER
BAILMENT	 	$	43,630	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-MEDINA, OH	 	589 N STATE ROAD	 	MEDINA	 	OH	 	44256	 	CUSTOMER
BAILMENT	 	$	14,101	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-MIDDLEBURG HEIGHTS, OH	 	7080 FRY ROAD	 	MIDDLEBURG HEIGHTS	 	OH	 	44130	 	CUSTOMER
BAILMENT	 	$	86,428	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-MINERVA, OH	 	207 S MARKET STREET	 	MINERVA	 	OH	 	44657	 	CUSTOMER
BAILMENT	 	$	43,919	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-MOUNT VERNON, OH	 	8484 COLUMBUS RD	 	MOUNT VERNON	 	OH	 	43050	 	CUSTOMER
BAILMENT	 	$	38,696	  	 		  	MCJUNKIN RED MAN CORPORATION
	CAMPBELL SOUP CO-NAPOLEON, OH	 	MAUMEE AVENUE	 	NAPOLEON	 	OH	 	43545	 	CUSTOMER
BAILMENT	 	$	17,051	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 70 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	COLUMBIA GAS OF OH-NEW LEXINGTON, OH	 	258 S MAPLE HEIGHTS	 	NEW LEXINGTON	 	OH	 	43764	 	CUSTOMER
BAILMENT	 	$	17,240	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-NEWARK, OH	 	935 BUCKEYE AVE	 	NEWARK	 	OH	 	43055	 	CUSTOMER
BAILMENT	 	$	37,294	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-NORTHWOOD, OH	 	6952 MCNEMEY RD	 	NORTHWOOD	 	OH	 	43619	 	CUSTOMER
BAILMENT	 	$	44,271	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-NORWALK, OH	 	166 MILAN AVE	 	NORWALK	 	OH	 	44857	 	CUSTOMER
BAILMENT	 	$	32,317	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-PLAIN CITY, OH	 	8101 CORPORATE BV #C	 	PLAIN CITY	 	OH	 	43064	 	CUSTOMER
BAILMENT	 	$	59,298	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-PORTSMOUTH, OH	 	2313 17TH ST	 	PORTSMOUTH	 	OH	 	45662	 	CUSTOMER
BAILMENT	 	$	24,401	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-SALEM, OH	 	273 BENTON ROAD	 	SALEM	 	OH	 	44460	 	CUSTOMER
BAILMENT	 	$	41,974	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-SPRINGFIELD, OH	 	2101 W MAIN ST	 	SPRINGFIELD	 	OH	 	45504	 	CUSTOMER
BAILMENT	 	$	44,512	  	 		  	MCJUNKIN RED MAN CORPORATION
	AMKO SERVICE CO-STOW, OH	 	4704 HUDSON DRIVE	 	STOW	 	OH	 	44224	 	INTERNAL	 	$	297,381	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	LINCOLN MANUFACTURING OF OHIO-STRASBURG, OH	 	777 SOUTH WOOSTER AVENUE	 	STRASBURG	 	OH	 	44680	 	THIRD
PARTY -
OCTG	 	$	1,280	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 71 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	COLUMBIA GAS TRANSMISSION-SUGAR GROVE, OH	 	301 MAPLE STREET	 	SUGAR GROVE	 	OH	 	43155	 	CUSTOMER
BAILMENT	 	$	95,818	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS TRANSMISSION-SUGAR GROVE, OH	 	301 MAPLE STREET	 	SUGAR GROVE	 	OH	 	43155	 	CUSTOMER
BAILMENT	 	$	94,046	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS-SUGAR GROVE, OH	 	6175 OLD LOGAN RD	 	SUGAR GROVE	 	OH	 	43155	 	CUSTOMER
BAILMENT	 	$	6,954	  	 		  	MCJUNKIN RED MAN CORPORATION
	VECTREN UTILITIES-TIPP CITY, OH	 	11990 PETERS PIKE	 	TIPP CITY	 	OH	 	45371	 	TRAILER	 	$	66,900	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-TOLEDO, OH	 	300 RYDER RD	 	TOLEDO	 	OH	 	43607	 	CUSTOMER
BAILMENT	 	$	66,105	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-WINTERSVILLE, OH	 	300 LURAY DR	 	WINSTERVILLE	 	OH	 	43953	 	CUSTOMER
BAILMENT	 	$	34,279	  	 		  	MCJUNKIN RED MAN CORPORATION
	BUCKEYE SUPPLY-WOOSTER, OH	 	460 WEST HENRY STREET	 	WOOSTER	 	OH	 	44691	 	THIRD
PARTY -
OCTG	 	$	2,528,570	  	 		  	MCJUNKIN RED MAN CORPORATION
	NORRIS SUCKER RODS-WOOSTER, OH	 	3745 TRIWAY LAND	 	WOOSTER	 	OH	 	44691	 	THIRD
PARTY -
PBB	 	$	72,010	  	 		  	MCJUNKIN RED MAN CORPORATION
	PJ OPERATING CORP-WOOSTER, OH	 	426 SOUTH GRANT STREET	 	WOOSTER	 	OH	 	44691	 	THIRD
PARTY -
PBB	 	$	5,785	  	 		  	MCJUNKIN RED MAN CORPORATION
	BUCKEYE SUPPLY-ZANESVILLE, OH	 	999 ZANE STREET	 	ZANESVILLE	 	OH	 	43701	 	THIRD
PARTY -
OCTG	 	$	102,214	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF OH-ZANESVILLE, OH	 	2429 N LINDEN AVE	 	ZANESVILLE	 	OH	 	43702	 	CUSTOMER
BAILMENT	 	$	40,847	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 72 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	GARRETT TRUCKING-AMBER, OK	 	1338 CR 1270	 	AMBER	 	OK	 	73004	 	THIRD
PARTY	 	$	18,129,744	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLAS ROOFING CORP-ARDMORE, OK	 	2300 SOUTH VETERANS BLVD	 	ARDMORE	 	OK	 	73401	 	CUSTOMER
BAILMENT	 	$	2,580	  	 		  	MCJUNKIN RED MAN CORPORATION
	ERLANGER-CATOOSA, OK	 	5610 BIRD CREEK AVENUE	 	CATOOSA	 	OK	 	74015	 	THIRD
PARTY -
OCTG	 	$	1,464,473	  	 		  	MCJUNKIN RED MAN CORPORATION
	ERLANGER-CATOOSA, OK	 	5610 BIRD CREEK AVENUE	 	CATOOSA	 	OK	 	74015	 	THIRD
PARTY -
OCTG	 	$	6,501	  	 		  	MCJUNKIN RED MAN CORPORATION
	TURNER BROTHERS-EDMOND, OK	 	4725 NORTH BLVD	 	EDMOND	 	OK	 	73025	 	THIRD
PARTY -
OCTG	 	$	288,061	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON-GUYMON, OK	 	1109 SKELLY AVE	 	GUYMON	 	OK	 	73942	 	CUSTOMER
BAILMENT	 	$	8,349	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCOPHILLIPS-GUYMON, OK	 	5221 PATRICIA BLVD	 	GUYMON	 	OK	 	73942	 	CUSTOMER
BAILMENT	 	$	2,212	  	 		  	MCJUNKIN RED MAN CORPORATION
	MARATHON OIL CO-MARLOW, OK	 	2201 S BROADWAY HWY 81	 	MARLOW	 	OK	 	73055	 	CUSTOMER
BAILMENT	 	$	5,640	  	 		  	MCJUNKIN RED MAN CORPORATION
	MEDFORD, OK	 	2500 S HWY 81	 	MEDFORD	 	OK	 	73759	 	FF	 	$	291,932	  	 		  	MCJUNKIN RED MAN CORPORATION
	D C P MIDSTREAM-OKARCHE, OK	 	8644 EDMOND RD NE	 	OKARCHE	 	OK	 	73762	 	CUSTOMER
BAILMENT	 	$	133,179	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 73 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	TUBO-INSP-OKLAHOMA CITY, OK	 	1800 SE 44TH STREET	 	OKLAHOMA CITY	 	OK	 	73129	 	THIRD
PARTY -
OCTG	 	$	235,783	  	 		  	MCJUNKIN RED MAN CORPORATION
	WASHITA VALLEY ENTERPRISES INC-OKLAHOMA CITY, OK	 	1702 S.E. 59TH STREET	 	OKLAHOMA CITY	 	OK	 	73129	 	THIRD
PARTY -
OCTG	 	$	205,826	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCO-PONCA CITY, OK	 	1000 S PINE	 	PONCA CITY	 	OK	 	74601	 	CUSTOMER
BAILMENT	 	$	3,570	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCO-PONCA CITY, OK	 	1000 S PINE	 	PONCA CITY	 	OK	 	74601	 	CUSTOMER
BAILMENT	 	$	6,302	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCO-PONCA CITY, OK	 	1000 S PINE	 	PONCA CITY	 	OK	 	74601	 	CUSTOMER
BAILMENT	 	$	3,606	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCO-PONCA CITY, OK	 	1000 S PINE	 	PONCA CITY	 	OK	 	74601	 	CUSTOMER
BAILMENT	 	$	5,365	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCO-PONCA CITY, OK	 	1000 S PINE	 	PONCA CITY	 	OK	 	74601	 	CUSTOMER
BAILMENT	 	$	4,342	  	 		  	MCJUNKIN RED MAN CORPORATION
	MULTI-CHEM GROUP LLC-QUINTON, OK	 	1427 WEST MAIN STREET	 	QUINTON	 	OK	 	74561	 	CUSTOMER
BAILMENT	 	$	9,557	  	 		  	MCJUNKIN RED MAN CORPORATION
	RANGE RESOURCES CORP-TONKAWA, OK	 	303 THUNDERBIRD ROAD	 	TONKAWA	 	OK	 	74653	 	TRAILER	 	$	14,447	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHESAPEAKE-WOODWARD, OK	 	2421 WESTERN AVENUE	 	WOODWARD	 	OK	 	73801	 	THIRD
PARTY -
CS	 	$	116,168	  	 		  	MCJUNKIN RED MAN CORPORATION
	PETROLEUM SERVICE-WOODWARD, OK	 	2421 WESTERN AVE	 	WOODWARD	 	OK	 	73801	 	THIRD
PARTY	 	$	10,862,435	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 74 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	COLUMBIA GAS OF PA-BEAVER FALLS, PA	 	338 CONCORD CHURCH ROAD	 	BEAVER FALLS	 	PA	 	15010	 	CUSTOMER
BAILMENT	 	$	65,076	  	 		  	MCJUNKIN RED MAN CORPORATION
	SENECA RESOURCES-BROOKVILLE, PA	 	51 ZENTS BLVD	 	BROOKVILLE	 	PA	 	15825	 	CUSTOMER
BAILMENT	 	$	54,727	  	 		  	MCJUNKIN RED MAN CORPORATION
	TUBOSCOPE-DARLINGTON, PA	 	128 CANNELTON ROAD	 	DARLINGTON	 	PA	 	16115	 	THIRD
PARTY -
OCTG	 	$	233,303	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-DUBOIS, PA	 	805 LIBERTY BLVD	 	DUBOIS	 	PA	 	15801	 	CUSTOMER
BAILMENT	 	$	9,382	  	 		  	MCJUNKIN RED MAN CORPORATION
	FORT WORTH PIPE SERVICES, LP-DUBOIS, PA	 	650 RAIL TERMINAL DRIVE	 	DUBOIS	 	PA	 	15801	 	THIRD
PARTY -
OCTG	 	$	11,562,651	  	 		  	MCJUNKIN RED MAN CORPORATION
	DURA-BOND COATING INC-EXPORT, PA	 	2658 PUCKETY DRIVE	 	EXPORT	 	PA	 	15632	 	THIRD
PARTY -
LINE
PIPE	 	$	452,044	  	 		  	MCJUNKIN RED MAN CORPORATION
	PANHANDLE OILFIELD SERVICES-JERSEY SHORE, PA	 	70 MARYLAND AVENUE	 	JERSEY SHORE	 	PA	 	17740	 	THIRD
PARTY -
PBB	 	$	7,296,539	  	 		  	MCJUNKIN RED MAN CORPORATION
	PENNSYLVANIA GENERAL ENERGY-MARIENVILLE, PA	 	ROUTE 66 NORTH	 	MARIENVILLE	 	PA	 	16239	 	CUSTOMER
BAILMENT	 	$	162,720	  	 		  	MCJUNKIN RED MAN CORPORATION
	PENNSYLVANIA GENERAL ENERGY-MARIENVILLE, PA	 	ROUTE 66 NORTH	 	MARIENVILLE	 	PA	 	16239	 	CUSTOMER
BAILMENT	 	$	44,044	  	 		  	MCJUNKIN RED MAN CORPORATION
	DURA BOND-MCKEESPORT, PA	 	3200 YOUGHIOGHENY RIVER RD	 	MCKEESPORT	 	PA	 	15134	 	THIRD
PARTY -
LINE
PIPE	 	$	767,360	  	 		  	MCJUNKIN RED MAN CORPORATION
	DURA BOND-MCKEESPORT, PA	 	3200 YOUGHIOGHENY RIVER RD	 	MCKEESPORT	 	PA	 	15134	 	THIRD
PARTY -
LINE
PIPE	 	$	526,007	  	 		  	MCJUNKIN RED MAN CORP\ORATION

  
 - 75 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	DURA-BOND COATING INC-MCKEESPORT, PA	 	3200 YOUGHIOGHENY RIVER RD	 	MCKEESPORT	 	PA	 	15134	 	THIRD
PARTY -
LINE
PIPE	 	$	19,158,456	  	 		  	MCJUNKIN RED MAN CORPORATION
	K & B MACHINE-MONTOURSVILLE, PA	 	146 S LOYALSOCK AVE	 	MONTOURSVILLE	 	PA	 	17754	 	THIRD
PARTY -
OCTG	 	$	170,032	  	 		  	MCJUNKIN RED MAN CORPORATION
	CABOT OIL & GAS-MONTROSE, PA	 	STATE ROUTE 29, RR 6 BOX 6100	 	MONTROSE	 	PA	 	18801	 	CUSTOMER
BAILMENT	 	$	271,658	  	 		  	MCJUNKIN RED MAN CORPORATION
	LIBERTY COATING COMPANY-MORRISVILLE, PA	 	21 S STEEL ROAD	 	MORRISVILLE	 	PA	 	19067	 	THIRD
PARTY -
LINE
PIPE	 	$	445,199	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF PA-PERRYOPOLIS, PA	 	3488 PITTSBURGH STREET	 	PERRYOPOLIS	 	PA	 	15473	 	CUSTOMER
BAILMENT	 	$	44,997	  	 		  	MCJUNKIN RED MAN CORPORATION
	INDSPEC CHEMICAL CORP-PETROLIA, PA	 	133 MAIN STREET	 	PETROLIA	 	PA	 	16050	 	CUSTOMER
BAILMENT	 	$	44,929	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF PA-PITTSBURGH, PA	 	660 HORNING ROAD	 	PITTSBURGH	 	PA	 	15236	 	CUSTOMER
BAILMENT	 	$	47,241	  	 		  	MCJUNKIN RED MAN CORPORATION
	PENNSYLVANIA GENERAL ENERGY-PORT ALLEGANY, PA	 	3448 RT 155N	 	PORT ALLEGANY	 	PA	 	16743	 	CUSTOMER
BAILMENT	 	$	611,948	  	 		  	MCJUNKIN RED MAN CORPORATION
	CNX GAS-RICES LANDING, PA	 	253 RIVER ROAD	 	RICES LANDING	 	PA	 	15357	 	THIRD
PARTY -
PBB	 	$	11,112	  	 		  	MCJUNKIN RED MAN CORPORATION
	FORT WORTH PIPE SERVICES-SAYRE, PA	 	60 DOMINIC PACE	 	SAYRE	 	PA	 	18840	 	THIRD
PARTY -
OCTG	 	$	15,499,187	  	 		  	MCJUNKIN RED MAN CORPORATION
	WILLIAMS FIELD SERVICE-SPRINGVILLE, PA	 	4685 STATE ROUTE 29	 	SPRINGVILLE	 	PA	 	18844	 	TRAILER	 	$	31,276	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 76 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	DURA BOND-STEELTON, PA	 	2716 SOUTH FRONT STREET	 	STEELTON	 	PA	 	17113	 	THIRD
PARTY -
LINE
PIPE	 	$	110,527	  	 		  	MCJUNKIN RED MAN CORPORATION
	ALBEMARLE-TYRONE, PA	 	2 ADAMS AVE	 	TYRONE	 	PA	 	16686	 	CUSTOMER
BAILMENT	 	$	60,856	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF PA-WASHINGTON, PA	 	850 WILMINGTON ROAD	 	WASHINGTON	 	PA	 	15301	 	CUSTOMER
BAILMENT	 	$	66,911	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS-WAYNESBURG, PA	 	ROUTE 21 W	 	WAYNEBURG	 	PA	 	15370	 	CUSTOMER
BAILMENT	 	$	2,349	  	 		  	MCJUNKIN RED MAN CORPORATION
	YOURGA TRUCKING INC-WHEATLAND, PA	 	145 JOHN H YOURGA PLACE	 	WHEATLAND	 	PA	 	16161	 	THIRD
PARTY -
OCTG	 	$	200,514	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF PA-YORK, PA	 	629 LOUCKS MILL ROAD	 	YORK	 	PA	 	17403	 	CUSTOMER
BAILMENT	 	$	68,665	  	 		  	MCJUNKIN RED MAN CORPORATION
	COLUMBIA GAS OF PA-YORK, PA	 	701 N SHERMAN STREET	 	YORK	 	PA	 	17402	 	CUSTOMER
BAILMENT	 	$	69,383	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHESAPEAKE-MCKEESPORT, PA	 	3200 YOUGHIOGHENY RIVER RD	 	MCKEESPORT	 	PS	 	15134	 	THIRD
PARTY -
CS	 	$	3,498,932	  	 		  	MCJUNKIN RED MAN CORPORATION
	PIEDMONT NATURAL GAS-ANDERSON, SC	 	1325 GEORGE ALBERT LAKE RD	 	ANDERSON	 	SC	 	29624	 	CUSTOMER
BAILMENT	 	$	20,652	  	 		  	MCJUNKIN RED MAN CORPORATION
	CELANESE EMULSIONS-ENOREE, SC	 	14355 HWY 221	 	ENOREE	 	SC	 	29335	 	CUSTOMER
BAILMENT	 	$	7,604	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 77 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	PIEDMONT NATURAL GAS-GREENVILLE, SC	 	100 WOODRUFF INDUSTRIAL LN	 	GREENVILLE	 	SC	 	29601	 	CUSTOMER
BAILMENT	 	$	20,910	  	 		  	MCJUNKIN RED MAN CORPORATION
	SOLUTIA-GREENWOOD, SC	 	HIGHWAY 246	 	GREENWOOD	 	SC	 	29646	 	CUSTOMER
BAILMENT	 	$	7,280	  	 		  	MCJUNKIN RED MAN CORPORATION
	ALBEMARLE-ORANGEBURG, SC	 	CANNON ROAD	 	ORANGEBURG	 	SC	 	29115	 	CUSTOMER
BAILMENT	 	$	235,878	  	 		  	MCJUNKIN RED MAN CORPORATION
	PIEDMONT NATURAL GAS-SPARTANBURG, SC	 	501 WEST BLACKSTOCK ROAD	 	SPARTANBURG	 	SC	 	29301	 	CUSTOMER
BAILMENT	 	$	20,418	  	 		  	MCJUNKIN RED MAN CORPORATION
	BP AMOCO-WANDO, SC	 	1306 AMOCO DRIVE HWY 98	 	WANDO	 	SC	 	29492	 	CUSTOMER
BAILMENT	 	$	142,930	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCOPHILLIPS-ALSASK, SK	 	6-1-28-28W3	 	ALSASK	 	SK	 	S0L0A0	 	CUSTOMER
BAILMENT	 	$	0	  	 		  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-CARLYLE, SK	 	BOX 1468, 402 - 9 SERVICE ROAD S	 	CARLYLE	 	SK	 	S0C0R0	 	FF	 	$	1,284,881	  	 		  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-KINDERSLEY, SK	 	1301 - 11 AVE	 	KINDERSLEY	 	SK	 	S0L1S0	 	FF	 	$	764,215	  	 		  	MIDFIELD SUPPLY ULC
	B&R ECKLES - LLOYDMINSTER-LLOYDMINSTER, SK	 	HWY 16 EAST 3KM EAST OF LLOYDMINSTER	 	LLOYDMINSTER	 	SK	 	S9V2B3	 	THIRD
PARTY -
PBB	 	$	767,599	  	 		  	MIDFIELD SUPPLY ULC
	B&R ECKLES-LLOYDMINSTER, SK	 	HWY 16 EAST, 3KM EAST OF LLOYDMINSTER	 	LLOYDMINSTER	 	SK	 	S9V2B3	 	THIRD
PARTY -
OCTG	 	$	520,574	  	 		  	MIDFIELD SUPPLY ULC
	FLINT OILFIELD HAULING - LLOYDMINSTER-LLOYDMINSTER, SK	 	BOX 1829	 	LLOYDMINSTER	 	SK	 	S9V1N4	 	THIRD
PARTY -
OCTG	 	$	983,405	  	 		  	MIDFIELD SUPPLY ULC

  
 - 78 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	HUSKY ENERGY-LLOYDMINSTER, SK	 	UPGRADER ROAD	 	LLOYDMINSTER	 	SK	 	S9V1M6	 	CUSTOMER
BAILMENT	 	$	15,110	  	 		  	MIDFIELD SUPPLY ULC
	CNRL LLOYDMINSTER-LONE ROCK, SK	 	13-11-47-27W3	 	LONE ROCK	 	SK	 	S0M1K0	 	CUSTOMER
BAILMENT	 	$	28,326	  	 		  	MIDFIELD SUPPLY ULC
	MIDFIELD SUPPLY, ULC-MAIDSTONE, SK	 	BOX 239	 	MAIDSTONE	 	SK	 	S0M1M0	 	FF	 	$	685,635	  	 	Leased	  	MIDFIELD SUPPLY ULC
	FLINT OILFIELD HAULING - SWIFT CURRENT-SWIFT CURRENT, SK	 	3297 N SERVICE ROAD WEST	 	SWIFT CURRENT	 	SK	 	S9H4G5	 	THIRD
PARTY -
PBB	 	$	489,543	  	 		  	MIDFIELD SUPPLY ULC
	APACHE WEYBURN-WEYBURN, SK	 	BOX 2005	 	WEYBURN	 	SK	 	S4H3M8	 	CUSTOMER
BAILMENT	 	$	65,442	  	 		  	MIDFIELD SUPPLY ULC
	BOWATER CALHOUN-CALHOUN, TN	 	HIGHWAY 11	 	CALHOUN	 	TN	 	37309	 	CUSTOMER
BAILMENT	 	$	30,314	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-CHATTANOOGA, TN	 	2207 OLAN MILL DRIVE	 	CHATTANOOGA	 	TN	 	37421	 	CUSTOMER
BAILMENT	 	$	27,400	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-CHATTANOOGA, TN	 	2207 OLAN MILLS DRIVE	 	CHATTANOOGA	 	TN	 	37421	 	CUSTOMER
BAILMENT	 	$	3,019	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-COLUMBIA, TN	 	810 NASHVILLE HIGHWAY	 	COLUMBIA	 	TN	 	38401	 	CUSTOMER
BAILMENT	 	$	46,064	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-FRANKLIN, TN	 	127 2ND AVENUE NORTH	 	FRANKLIN	 	TN	 	37064	 	CUSTOMER
BAILMENT	 	$	48,915	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 79 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	ATMOS ENERGY-FRANKLIN, TN	 	200 NOAH DRIVE	 	FRANKLIN	 	TN	 	37064	 	CUSTOMER
BAILMENT	 	$	2,357	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-GREENVILLE, TN	 	1221 SNAPPS FERRY ROAD	 	GREENVILLE	 	TN	 	37744	 	CUSTOMER
BAILMENT	 	$	13,672	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-JOHNSON CITY, TN	 	2833 WEST MARKET STREET	 	JOHNSON CITY	 	TN	 	37604	 	CUSTOMER
BAILMENT	 	$	48,206	  	 		  	MCJUNKIN RED MAN CORPORATION
	B A E ORDNANCE SYSTEMS-KINGSPORT, TN	 	1037 TIDEWATER COURT	 	KINGSPORT	 	TN	 	37660	 	INTERNAL	 	$	48,709	  	 		  	MCJUNKIN RED MAN CORPORATION
	SPECTRA ENERGY-KINGSPORT, TN	 	1037 TIDEWATER CT	 	KINGSPORT	 	TN	 	37660	 	CUSTOMER
BAILMENT	 	$	10,086	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-MARYVILLE, TN	 	1639 ROBERT C JACKSON DR	 	MARYVILLE	 	TN	 	37802	 	CUSTOMER
BAILMENT	 	$	43,709	  	 		  	MCJUNKIN RED MAN CORPORATION
	VALERO REFINING CO-MEMPHIS, TN	 	546 W MALLORY AVE	 	MEMPHIS	 	TN	 	38109	 	CUSTOMER
BAILMENT	 	$	29,943	  	 		  	MCJUNKIN RED MAN CORPORATION
	VALERO-MEMPHIS, TN	 	360 WEST MALLORY	 	MEMPHIS	 	TN	 	38103	 	CUSTOMER
BAILMENT	 	$	24,091	  	 		  	MCJUNKIN RED MAN CORPORATION
	VALERO-MEMPHIS, TN	 	360 WEST MALLORY	 	MEMPHIS	 	TN	 	38103	 	CUSTOMER
BAILMENT	 	$	17,699	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-MORRISTOWN, TN	 	1335 W ANDREW JOHNSON WAY	 	MORRISTOWN	 	TN	 	37814	 	CUSTOMER
BAILMENT	 	$	27,381	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 80 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	PRECISION BOILER LLC-MORRISTOWN, TN	 	5727 SUPERIOR DR	 	MORRISTOWN	 	TN	 	37814	 	CUSTOMER
BAILMENT	 	$	8,618	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-MURFREESBORO, TN	 	334 W LOKEY AVENUE	 	MURFREESBORO	 	TN	 	37130	 	CUSTOMER
BAILMENT	 	$	61,403	  	 		  	MCJUNKIN RED MAN CORPORATION
	E I DUPONT DE NEMOURS & CO INC-NEW JOHNSONVILLE, TN	 	ONE DUPONT ROAD	 	NEW JOHNSONVILLE	 	TN	 	37134	 	CUSTOMER
BAILMENT	 	$	187,708	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-SHELBYVILLE, TN	 	321 LANE PARKWAY	 	SHELBYVILLE	 	TN	 	37160	 	CUSTOMER
BAILMENT	 	$	17,008	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-UNION CITY, TN	 	1504 SOUTH FIRST STREET	 	UNION CITY	 	TN	 	38261	 	CUSTOMER
BAILMENT	 	$	17,862	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-ABILENE, TX	 	1449 SOUTH TREADWAY	 	ABILENE	 	TX	 	79602	 	CUSTOMER
BAILMENT	 	$	95,408	  	 		  	MCJUNKIN RED MAN CORPORATION
	INEOS-ALVIN, TX	 	2 MI S OF FM2917 ON FM2004	 	ALVIN	 	TX	 	77512	 	CUSTOMER
BAILMENT	 	$	42,489	  	 		  	MCJUNKIN RED MAN CORPORATION
	INEOS-ALVIN, TX	 	FM 2004 SOUTH	 	ALVIN	 	TX	 	77511	 	CUSTOMER
BAILMENT	 	$	2,521	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-AMARILLO, TX	 	306 N GRAND ST	 	AMARILLO	 	TX	 	79107	 	CUSTOMER
BAILMENT	 	$	85,035	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 81 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	CHEVRON-ANDREWS, TX	 	9830 SW 4400	 	ANDREWS	 	TX	 	79714	 	CUSTOMER
BAILMENT	 	$	56,802	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON-ANDREWS, TX	 	9830 SW 4400 ANDREWS CNTY	 	ANDREWS	 	TX	 	79714	 	CUSTOMER
BAILMENT	 	$	26,354	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-ARLINGTON, TX	 	106 STADIUM DR	 	ARLINGTON	 	TX	 	76010	 	CUSTOMER
BAILMENT	 	$	142,649	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-ATHENS, TX	 	6466 ST HWY 19 S	 	ATHENS	 	TX	 	75751	 	CUSTOMER
BAILMENT	 	$	29,084	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-ATHENS, TX	 	9350 CR 1205	 	ATHENS	 	TX	 	75751	 	CUSTOMER
BAILMENT	 	$	7,951	  	 		  	MCJUNKIN RED MAN CORPORATION
	CELANESE-BAY CITY, TX	 	FM 3057	 	BAY CITY	 	TX	 	77414	 	CUSTOMER
BAILMENT	 	$	3,350	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON-BAYTOWN, TX	 	9500 I-10 EAST	 	BAYTOWN	 	TX	 	77521	 	CUSTOMER
BAILMENT	 	$	9,756	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON-BAYTOWN, TX	 	9500 I-10 EAST	 	BAYTOWN	 	TX	 	77521	 	CUSTOMER
BAILMENT	 	$	6,623	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL BAYTOWN CHEMICAL-BAYTOWN, TX	 	3525 DECKER DRIVE	 	BAYTOWN	 	TX	 	77520	 	CUSTOMER
BAILMENT	 	$	0	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL BAYTOWN OLEFINS PLANT-BAYTOWN, TX	 	3525 DECKER DRIVE	 	BAYTOWN	 	TX	 	77520	 	CUSTOMER
BAILMENT	 	$	14,397	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 82 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	EXXONMOBIL BAYTOWN OLEFINS PLANT-BAYTOWN, TX	 	3525 DECKER DRIVE	 	BAYTOWN	 	TX	 	77520	 	CUSTOMER
BAILMENT	 	$	9,635	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL BAYTOWN OLEFINS PLANT-BAYTOWN, TX	 	3525 DECKER DRIVE	 	BAYTOWN	 	TX	 	77520	 	CUSTOMER
BAILMENT	 	$	5,998	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL BAYTOWN OLEFINS PLANT-BAYTOWN, TX	 	3525 DECKER DRIVE	 	BAYTOWN	 	TX	 	77520	 	CUSTOMER
BAILMENT	 	$	5,454	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL BAYTOWN OLEFINS PLANT-BAYTOWN, TX	 	3525 DECKER DRIVE	 	BAYTOWN	 	TX	 	77520	 	CUSTOMER
BAILMENT	 	$	3,657	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL BAYTOWN OLEFINS PLANT-BAYTOWN, TX	 	3525 DECKER DRIVE	 	BAYTOWN	 	TX	 	77520	 	CUSTOMER
BAILMENT	 	$	3,647	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL-BAYTOWN, TX	 	SAN JACINTO AND RAILROAD	 	BAYTOWN	 	TX	 	77520	 	CUSTOMER
BAILMENT	 	$	35,865	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL-BAYTOWN, TX	 	SAN JACINTO AND RAILROAD	 	BAYTOWN	 	TX	 	77520	 	CUSTOMER
BAILMENT	 	$	11,945	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL-BAYTOWN, TX	 	SAN JACINTO AND RAILROAD	 	BAYTOWN	 	TX	 	77520	 	CUSTOMER
BAILMENT	 	$	44,179	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-BEDFORD, TX	 	2000 RELIANCE PKWY	 	BEDFORD	 	TX	 	76201	 	CUSTOMER
BAILMENT	 	$	105,582	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 83 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	CHEVRON-BIG LAKE, TX	 	1505 NORTH STATE HWY 137	 	BIG LAKE	 	TX	 	76932	 	CUSTOMER
BAILMENT	 	$	50,992	  	 		  	MCJUNKIN RED MAN CORPORATION
	ALON-BIG SPRINGS, TX	 	I-20 EAST AT REFINERY ROAD	 	BIG SPRING	 	TX	 	79721	 	CUSTOMER
BAILMENT	 	$	87,195	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-BIG SPRING, TX	 	2002 E FM 700	 	BIG SPRING	 	TX	 	79720	 	CUSTOMER
BAILMENT	 	$	19,211	  	 		  	MCJUNKIN RED MAN CORPORATION
	CELANESE-BISHOP, TX	 	HWY 77 SOUTH 2 MILES	 	BISHOP	 	TX	 	78343	 	CUSTOMER
BAILMENT	 	$	13,329	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON PHILLIPS CHEMICAL-BORGER, TX	 	SPUR 119 EAST	 	BORGER	 	TX	 	79007	 	CUSTOMER
BAILMENT	 	$	8,812	  	 		  	MCJUNKIN RED MAN CORPORATION
	D C P MIDSTREAM-BORGER, TX	 	9101 HWY 136	 	BORGER	 	TX	 	79007	 	CUSTOMER
BAILMENT	 	$	33,707	  	 		  	MCJUNKIN RED MAN CORPORATION
	WRB REFINING LLC-BORGER, TX	 	SPUR 119 N & WHITTENBURG	 	BORGER	 	TX	 	79007	 	CUSTOMER
BAILMENT	 	$	1,237	  	 		  	MCJUNKIN RED MAN CORPORATION
	WRB REFINING LLC-BORGER, TX	 	SPRU 19 N AND WHITTENBURG	 	BORGER	 	TX	 	79007	 	CUSTOMER
BAILMENT	 	$	5,131	  	 		  	MCJUNKIN RED MAN CORPORATION
	WRB REFINING LLC-BORGER, TX	 	SPRU 19 N AND WHITTENBURG	 	BORGER	 	TX	 	79007	 	CUSTOMER
BAILMENT	 	$	12,454	  	 		  	MCJUNKIN RED MAN CORPORATION
	WRB REFINING LLC-BORGER, TX	 	SPRU 19 N AND WHITTENBURG	 	BORGER	 	TX	 	79007	 	CUSTOMER
BAILMENT	 	$	4,876	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 84 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	WRB REFINING LLC-BORGER, TX	 	SPRU 19 N AND WHITTENBURG	 	BORGER	 	TX	 	79007	 	CUSTOMER
BAILMENT	 	$	4,237	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-BOWIE, TX	 	101 ELBA	 	BOWIE	 	TX	 	76230	 	CUSTOMER
BAILMENT	 	$	4,183	  	 		  	MCJUNKIN RED MAN CORPORATION
	EOG RESOURCES-BOWIE, TX	 	252 JERRY WALKER ROAD	 	BOWIE	 	TX	 	76102	 	THIRD
PARTY -
PBB	 	$	4,573	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-BOYD, TX	 	142 NORTH FM 730	 	BOYD	 	TX	 	76023	 	CUSTOMER
BAILMENT	 	$	73,651	  	 		  	MCJUNKIN RED MAN CORPORATION
	DEVON GAS SERVICES-BRIDGEPORT, TX	 	415 CR 3502	 	BRIDGEPORT	 	TX	 	76426	 	CUSTOMER
BAILMENT	 	$	16,622	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-BROWNFIELD, TX	 	217 W HILL	 	BROWNFIELD	 	TX	 	79316	 	CUSTOMER
BAILMENT	 	$	7,906	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-BROWNWOOD, TX	 	4304 DANHIL DRIVE	 	BROWNWOOD	 	TX	 	76801	 	CUSTOMER
BAILMENT	 	$	41,312	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-BRYAN, TX	 	297 N EARL RUDDER FWY	 	BRYAN	 	TX	 	77802	 	CUSTOMER
BAILMENT	 	$	22,649	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-BRYAN, TX	 	297 N EARL RUDDER FWY	 	BRYAN	 	TX	 	77802	 	CUSTOMER
BAILMENT	 	$	102,200	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-BURNET, TX	 	3100 S WATER STREET	 	BURNET	 	TX	 	78611	 	CUSTOMER
BAILMENT	 	$	20,337	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 85 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	SUPERIOR PIPELINE-CANADIAN, TX	 	15042 FM 3044	 	CANADIAN	 	TX	 	79014	 	CUSTOMER
BAILMENT	 	$	15,464	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-CARROLLTON, TX	 	1400 EAST PATTON PLACE	 	CARROLLTON	 	TX	 	75007	 	CUSTOMER
BAILMENT	 	$	119,865	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHESAPEAKE-CHANNELVIEW, TX	 	400 S SHELDON RD	 	CHANNELVIEW	 	TX	 	77530	 	THIRD
PARTY -
CS	 	$	12,274,164	  	 		  	MCJUNKIN RED MAN CORPORATION
	LABARGE COATING-CHANNELVIEW, TX	 	400 SOUTH SHELDON ROAD	 	CHANNELVIEW	 	TX	 	77530	 	THIRD
PARTY -
LINE
PIPE	 	$	42,134,818	  	 		  	MCJUNKIN RED MAN CORPORATION
	LYONDELL CHEMICAL-CHANNELVIEW, TX	 	2502 SHELDON ROAD	 	CHANNELVIEW	 	TX	 	77530	 	CUSTOMER
BAILMENT	 	$	2,293	  	 		  	MCJUNKIN RED MAN CORPORATION
	PATTERSON TRUCKING-CHANNELVIEW, TX	 	539 S SHELDON RD	 	CHANNELVIEW	 	TX	 	77530	 	THIRD
PARTY -
OCTG	 	$	0	  	 		  	MCJUNKIN RED MAN CORPORATION
	PATTERSON-CHANNELVIEW, TX	 	539 SHELDON ROAD	 	CHANNELVIEW	 	TX	 	77530	 	THIRD
PARTY -
OCTG	 	$	0	  	 		  	MCJUNKIN RED MAN CORPORATION
	MEASUREMENTATION INC-COLDSPRING, TX	 	35 PETROLEUM ROAD	 	COLDSPRING	 	TX	 	77331	 	CUSTOMER
BAILMENT	 	$	6,801	  	 		  	MCJUNKIN RED MAN CORPORATION
	CITGO REFINING-CORPUS CHRISTI, TX	 	6743 UP RIVER ROAD	 	CORPUS CHRISTI	 	TX	 	78409	 	CUSTOMER
BAILMENT	 	$	3,530	  	 		  	MCJUNKIN RED MAN CORPORATION
	CITGO REFINING-CORPUS CHRISTI, TX	 	6743 UP RIVER ROAD	 	CORPUS CHRISTI	 	TX	 	78409	 	CUSTOMER
BAILMENT	 	$	3,294	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 86 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	CITGO REFINING-CORPUS CHRISTI, TX	 	3500 BUDDY LAWRENCE	 	CORPUS CHRISTI	 	TX	 	78469	 	CUSTOMER
BAILMENT	 	$	4,772	  	 		  	MCJUNKIN RED MAN CORPORATION
	CITGO REFINING-CORPUS CHRISTI, TX	 	3500 BUDDY LAWRENCE	 	CORPUS CHRISTI	 	TX	 	78469	 	CUSTOMER
BAILMENT	 	$	5,916	  	 		  	MCJUNKIN RED MAN CORPORATION
	CITGO REFINING-CORPUS CHRISTI, TX	 	3500 BUDDY LAWRENCE	 	CORPUS CHRISTI	 	TX	 	78469	 	CUSTOMER
BAILMENT	 	$	4,904	  	 		  	MCJUNKIN RED MAN CORPORATION
	CITGO REFINING-CORPUS CHRISTI, TX	 	3500 BUDDY LAWRENCE	 	CORPUS CHRISTI	 	TX	 	78469	 	CUSTOMER
BAILMENT	 	$	6,239	  	 		  	MCJUNKIN RED MAN CORPORATION
	EQUISTAR-CORPUS CHRISTI, TX	 	1501 MCKENZIE RD AT HWY 44	 	CORPUS CHRISTI	 	TX	 	78410	 	CUSTOMER
BAILMENT	 	$	1,152	  	 		  	MCJUNKIN RED MAN CORPORATION
	HIGH YIELD—CORPUS CHRISTI-CORPUS CHRISTI, TX	 	1901 N CLARKWOOD BLDG 216	 	CORPUS CHRISTI	 	TX	 	78409	 	SATELLITE	 	$	85,508	  	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-CORSICANA, TX	 	2340 S BUSINESS 45	 	CORSICANA	 	TX	 	75110	 	CUSTOMER
BAILMENT	 	$	49,164	  	 		  	MCJUNKIN RED MAN CORPORATION
	FORT WORTH PIPE SERVICES LP-CRESSON, TX	 	2250 N CRESSON HWY	 	CRESSON	 	TX	 	76035	 	THIRD
PARTY -
OCTG	 	$	85,232	  	 		  	MCJUNKIN RED MAN CORPORATION
	BHM PIPE & SUPPLY CO-CROSBY, TX	 	11615 FM ROAD 2100	 	CROSBY	 	TX	 	77532	 	THIRD
PARTY	 	$	401,646	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-DALLAS, TX	 	2601 LOGAN ST	 	DALLAS	 	TX	 	75215	 	CUSTOMER
BAILMENT	 	$	296,099	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 87 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	ROHM & HAAS-DEER PARK, TX	 	1900 TIDAL ROAD	 	DEER PARK	 	TX	 	77536	 	CUSTOMER
BAILMENT	 	$	9,118	  	 		  	MCJUNKIN RED MAN CORPORATION
	ROHM & HAAS-DEER PARK, TX	 	1900 TIDAL ROAD	 	DEER PARK	 	TX	 	77536	 	CUSTOMER
BAILMENT	 	$	8,547	  	 		  	MCJUNKIN RED MAN CORPORATION
	ROHM & HAAS-DEER PARK, TX	 	1900 TIDAL ROAD	 	DEER PARK	 	TX	 	77536	 	CUSTOMER
BAILMENT	 	$	6,304	  	 		  	MCJUNKIN RED MAN CORPORATION
	ROHM & HAAS-DEER PARK, TX	 	1900 TIDAL ROAD	 	DEER PARK	 	TX	 	77536	 	CUSTOMER
BAILMENT	 	$	2,402	  	 		  	MCJUNKIN RED MAN CORPORATION
	ROHM&HAAS-DEER PARK, TX	 	1900 TIDAL RD	 	DEER PARK	 	TX	 	77536	 	CUSTOMER
BAILMENT	 	$	0	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-DENTON, TX	 	106 N BRADSHAW STREET	 	DENTON	 	TX	 	76205	 	CUSTOMER
BAILMENT	 	$	21,007	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-DENTON, TX	 	106 N BRADSHAW STREET	 	DENTON	 	TX	 	76205	 	CUSTOMER
BAILMENT	 	$	75,065	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-DESOTO, TX	 	917 E CENTRE PARK BLVD	 	DESOTO	 	TX	 	75115	 	CUSTOMER
BAILMENT	 	$	58,201	  	 		  	MCJUNKIN RED MAN CORPORATION
	MOCKINGBIRD MIDSTREAM GAS SERVICES-DILLEY, TX	 	16640 IH 35 SOUTH	 	DILLEY	 	TX	 	78017	 	CUSTOMER
BAILMENT	 	$	15,182	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-EASTLAND, TX	 	240 HWY 3101	 	EASTLAND	 	TX	 	76448	 	CUSTOMER
BAILMENT	 	$	26,706	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 88 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	CONOCO PHILLIPS-FORSAN, TX	 	14 MILE S BIG SPRINGS TX ON HWY 87	 	FORSAN	 	TX	 	79733	 	CUSTOMER
BAILMENT	 	$	13,380	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-FORT WORTH, TX	 	100 W MORNINGSIDE DRIVE	 	FORT WORTH	 	TX	 	76102	 	CUSTOMER
BAILMENT	 	$	46,983	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-FT WORTH, TX	 	4580 BLUE MOUND ROAD	 	FORT WORTH	 	TX	 	76106	 	CUSTOMER
BAILMENT	 	$	48,786	  	 		  	MCJUNKIN RED MAN CORPORATION
	TREND GATHERING AND TREATING-FRANKLIN, TX	 	9771 FM 979 EAST (REAR)	 	FRANKLIN	 	TX	 	77856	 	CUSTOMER
BAILMENT	 	$	21,668	  	 		  	MCJUNKIN RED MAN CORPORATION
	FREER IRON WORKS-FREER, TX	 	202 NORTH NORTON	 	FREER	 	TX	 	78357	 	THIRD
PARTY -
PBB	 	$	34,460	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-FT WORTH, TX	 	100 W MORNINGSIDE DRIVE	 	FT WORTH	 	TX	 	76102	 	CUSTOMER
BAILMENT	 	$	219,578	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-GAINESVILLE, TX	 	2601 W HWY 82	 	GAINESVILLE	 	TX	 	76240	 	CUSTOMER
BAILMENT	 	$	29,683	  	 		  	MCJUNKIN RED MAN CORPORATION
	TARGA RESOURCES-GALENA PARK, TX	 	12807 AMERICAN PETROLUM RD	 	GALENA PARK	 	TX	 	77547	 	CUSTOMER
BAILMENT	 	$	4,399	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-GARLAND, TX	 	1310 HWY 66	 	GARLAND	 	TX	 	75040	 	CUSTOMER
BAILMENT	 	$	20,342	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-GARLAND, TX	 	1310 HWY 66	 	GARLAND	 	TX	 	75040	 	CUSTOMER
BAILMENT	 	$	127,691	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 89 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	ATMOS ENERGY MID-TEX DIVISION-GATESVILLE, TX	 	407 N HWY 36, SUITE 6	 	GATESVILLE	 	TX	 	76528	 	CUSTOMER
BAILMENT	 	$	19,387	  	 		  	MCJUNKIN RED MAN CORPORATION
	ENERGY TRANSFER-GIDDINGS, TX	 	3945 EAST AUSTIN	 	GIDDINGS	 	TX	 	78942	 	CUSTOMER
BAILMENT	 	$	30,214	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCO PHILLIPS-GOLDSMITH, TX	 	302 PLANT ROAD	 	GOLDSMITH	 	TX	 	79741	 	CUSTOMER
BAILMENT	 	$	153,479	  	 		  	MCJUNKIN RED MAN CORPORATION
	D C P MIDSTREAM-GOLDSMITH, TX	 	HWY 158	 	GOLDSMITH	 	TX	 	79741	 	CUSTOMER
BAILMENT	 	$	7,117	  	 		  	MCJUNKIN RED MAN CORPORATION
	D C P MIDSTREAM-GRANBURY, TX	 	6610 LIPAN HWY	 	GRANBURY	 	TX	 	76048	 	CUSTOMER
BAILMENT	 	$	6,569	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-GREENVILLE, TX	 	7909 TRADERS CIRCLE	 	GREENVILLE	 	TX	 	75402	 	CUSTOMER
BAILMENT	 	$	49,623	  	 		  	MCJUNKIN RED MAN CORPORATION
	DUPONT-GREGORY, TX	 	HWY 361	 	GREGORY	 	TX	 	78359	 	CUSTOMER
BAILMENT	 	$	63,821	  	 		  	MCJUNKIN RED MAN CORPORATION
	OCCIDENTAL CHEMICAL-GREGORY, TX	 	87 INGLESIDE PLANT HWY 361	 	GREGORY	 	TX	 	78359	 	CUSTOMER
BAILMENT	 	$	37,925	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-GROESBECK, TX	 	1774 N HWY 14	 	GROESBECK	 	TX	 	76442	 	CUSTOMER
BAILMENT	 	$	59,257	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 90 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	MARATHON OIL CO-GROESBECK, TX	 	158 COUNTY ROAD 750	 	GROESBECK	 	TX	 	76642	 	CUSTOMER
BAILMENT	 	$	27,622	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCO PHILLIPS-GRUVER, TX	 	7880 FM 2349	 	GRUVER	 	TX	 	79040	 	CUSTOMER
BAILMENT	 	$	6,511	  	 		  	MCJUNKIN RED MAN CORPORATION
	D C P MIDSTREAM-GRUVER, TX	 	15150 COUNTY ROAD 9	 	GRUVER	 	TX	 	79040	 	CUSTOMER
BAILMENT	 	$	16,336	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL-HAWKINS, TX	 	HWY 14 & FM1795	 	HAWKINS	 	TX	 	75765	 	TRAILER	 	$	42,649	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-HEREFORD, TX	 	E HWY 60 & PROGRESSIVE RD	 	HEREFORD	 	TX	 	79045	 	CUSTOMER
BAILMENT	 	$	30,858	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-HILLSBORO, TX	 	1507 ABBOTT AVENUE	 	HILLSBORO	 	TX	 	76645	 	CUSTOMER
BAILMENT	 	$	31,697	  	 		  	MCJUNKIN RED MAN CORPORATION
	ARCTIC PIPE INSPECTION INC-HOUSTON, TX	 	9500 SHELDON ROAD	 	HOUSTON	 	TX	 	77049	 	THIRD
PARTY -
OCTG	 	$	37,804	  	 		  	MCJUNKIN RED MAN CORPORATION
	ARCTIC-HOUSTON, TX	 	9500 SHELDON ROAD	 	HOUSTON	 	TX	 	77049	 	THIRD
PARTY -
OCTG	 	$	96,314	  	 		  	MCJUNKIN RED MAN CORPORATION
	C M SERVICES-HOUSTON, TX	 	7411 MESA DRIVE	 	HOUSTON	 	TX	 	77028	 	THIRD
PARTY -
OCTG	 	$	26,269	  	 		  	MCJUNKIN RED MAN CORPORATION
	CM SERVICES-HOUSTON, TX	 	7411 MESA DRIVE	 	HOUSTON	 	TX	 	77028	 	THIRD
PARTY -
OCTG	 	$	12,673	  	 		  	MCJUNKIN RED MAN CORPORATION
	CUSTOM PIPE COATERS-HOUSTON, TX	 	7177 CAVALCADE ST	 	HOUSTON	 	TX	 	77028	 	THIRD
PARTY -
LINE
PIPE	 	$	5	  	 		  	McJunkin Red Man Corporation

  
 - 91 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	DELTA TUBULAR INT’L(FRANK’S)-HOUSTON, TX	 	9518 EAST MT RD	 	HOUSTON	 	TX	 	77050	 	THIRD
PARTY -
OCTG	 	$	2,366,612	  	 		  	MCJUNKIN RED MAN CORPORATION
	DELTA TUBULAR-HOUSTON, TX	 	9393 SHELDON RD	 	HOUSTON	 	TX	 	77049	 	THIRD
PARTY -
OCTG	 	$	1,965,646	  	 		  	MCJUNKIN RED MAN CORPORATION
	E L FARMER YARD-HOUSTON, TX	 	15706 BEAUMONT HWY	 	HOUSTON	 	TX	 	77049	 	THIRD
PARTY -
OCTG	 	$	20	  	 		  	MCJUNKIN RED MAN CORPORATION
	ENGLOBAL ENGINEERING-HOUSTON, TX	 	225 PORTWALL SUITE 200	 	HOUSTON	 	TX	 	77029	 	CUSTOMER
BAILMENT	 	$	5,601	  	 		  	MCJUNKIN RED MAN CORPORATION
	HYDRIL-ANADARKO PROGRAM-HOUSTON, TX	 	302 MCCARTY ST	 	HOUSTON	 	TX	 	77029	 	THIRD
PARTY -
OCTG	 	$	38,911	  	 		  	MCJUNKIN RED MAN CORPORATION
	HYDRIL-MCCARTY-HOUSTON, TX	 	302 MCCARTY ST	 	HOUSTON	 	TX	 	77029	 	THIRD
PARTY -
OCTG	 	$	138,014	  	 		  	MCJUNKIN RED MAN CORPORATION
	ITS THREADING AND MFG.,INC.-HOUSTON, TX	 	7735 MILLER ROAD #3	 	HOUSTON	 	TX	 	77049	 	THIRD
PARTY -
OCTG	 	$	98,341	  	 		  	MCJUNKIN RED MAN CORPORATION
	LINCOLN MANUFACTURING-HOUSTON, TX	 	5301 POLK STREET, BUILDING #4	 	HOUSTON	 	TX	 	77023	 	THIRD
PARTY -
OCTG	 	$	62,074	  	 		  	MCJUNKIN RED MAN CORPORATION
	NOBLE/E L FARMER YARD-HOUSTON, TX	 	15706 BEAUMONT HWY	 	HOUSTON	 	TX	 	77049	 	THIRD
PARTY -
OCTG	 	$	13,569	  	 		  	MCJUNKIN RED MAN CORPORATION
	OCTG, LLP-HOUSTON, TX	 	9200 SHELDON ROAD	 	HOUSTON	 	TX	 	77049	 	THIRD
PARTY -
OCTG	 	$	555,359	  	 		  	MCJUNKIN RED MAN CORPORATION
	STEWART TUBULAR PRODUCTS-HOUSTON, TX	 	1810 AFTON	 	HOUSTON	 	TX	 	77055	 	THIRD
PARTY -
OCTG	 	$	19,154	  	 		  	McJunkin Red Man Corporation
	T&S UPSET & THREAD-HOUSTON, TX	 	18702 HARDY ROAD	 	HOUSTON	 	TX	 	77073	 	THIRD
PARTY -
OCTG	 	$	0	  	 		  	McJunkin Red Man Corporation

  
 - 92 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	TEJAS TUBULAR PROCESSING, INC-HOUSTON, TX	 	8640 N GREEN RIVER DRIVE	 	HOUSTON	 	TX	 	77028	 	THIRD
PARTY -
OCTG	 	$	0	  	 		  	MCJUNKIN RED MAN CORPORATION
	TUBO-NORTH-INSP-INT’L-HOUSTON, TX	 	10222 SHELDON ROAD	 	HOUSTON	 	TX	 	77049	 	THIRD
PARTY	 	$	2,117,303	  	 		  	MCJUNKIN RED MAN CORPORATION
	TUBO-SOUTH-INSP-HOUSTON, TX	 	9015 SHELDON ROAD	 	HOUSTON	 	TX	 	77049	 	THIRD
PARTY -
OCTG	 	$	2,829,519	  	 		  	MCJUNKIN RED MAN CORPORATION
	TUBULAR SERVICES-JPORT-HOUSTON, TX	 	2030 JACINTO PORT BLVD	 	HOUSTON	 	TX	 	77015	 	THIRD
PARTY -
OCTG	 	$	39,636	  	 		  	MCJUNKIN RED MAN CORPORATION
	TUBULAR SERVICES-MCCARTY-HOUSTON, TX	 	1010 MCCARTY ST	 	HOUSTON	 	TX	 	77029	 	THIRD
PARTY -
OCTG	 	$	17,771	  	 		  	MCJUNKIN RED MAN CORPORATION
	VALERO-HOUSTON, TX	 	9701 MANCHESTER	 	HOUSTON	 	TX	 	77012	 	CUSTOMER
BAILMENT	 	$	8,961	  	 		  	MCJUNKIN RED MAN CORPORATION
	VALERO-HOUSTON, TX	 	9701 MANCHESTER	 	HOUSTON	 	TX	 	77012	 	CUSTOMER
BAILMENT	 	$	9,807	  	 		  	MCJUNKIN RED MAN CORPORATION
	VALERO-HOUSTON, TX	 	9701 MANCHESTER	 	HOUSTON	 	TX	 	77012	 	CUSTOMER
BAILMENT	 	$	8,330	  	 		  	MCJUNKIN RED MAN CORPORATION
	WOMBLE COMPANY, INC-HOUSTON, TX	 	5875 KELLEY STREET	 	HOUSTON	 	TX	 	77026	 	THIRD
PARTY -
LINE
PIPE	 	$	9,643	  	 		  	MCJUNKIN RED MAN CORPORATION
	WOMBLE COMPANY, INC-HOUSTON, TX	 	13605 INDUSTRIAL ROAD	 	HOUSTON	 	TX	 	77015	 	THIRD
PARTY -
LINE
PIPE	 	$	9,985,368	  	 		  	MCJUNKIN RED MAN CORPORATION
	XXTREME PIPE STORAGE, LLC-HOUSTON, TX	 	7814 MILLER ROAD #3	 	HOUSTON	 	TX	 	77049	 	THIRD
PARTY -
OCTG	 	$	169,778	  	 		  	McJunkin Red Man Corporation
	VALERO-HOUSTON, TX	 	9701 MANCHESTER	 	HOUTON	 	TX	 	77012	 	CUSTOMER
BAILMENT	 	$	10,420	  	 		  	McJunkin Red Man Corporation

  
 - 93 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	TUBO-INSP-HUGHES SPRINGS, TX	 	HWY 161 S	 	HUGHES SPRINGS	 	TX	 	75656	 	THIRD
PARTY -
OCTG	 	$	36,343	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-IRVING, TX	 	1931 E 6TH STREET	 	IRVING	 	TX	 	75060	 	CUSTOMER
BAILMENT	 	$	126,782	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-JOSHUA, TX	 	360 N GREGORY	 	JOSHUA	 	TX	 	76058	 	CUSTOMER
BAILMENT	 	$	40,427	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-KERRVILLE, TX	 	2315 E MAIN	 	KERRVILLE	 	TX	 	78028	 	CUSTOMER
BAILMENT	 	$	38,412	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-KILLEEN, TX	 	317 N 2ND STREET	 	KILLEEN	 	TX	 	76541	 	CUSTOMER
BAILMENT	 	$	54,537	  	 		  	MCJUNKIN RED MAN CORPORATION
	DUPONT-LA PORTE, TX	 	12501 STRANG ROAD	 	LA PORTE	 	TX	 	77571	 	CUSTOMER
BAILMENT	 	$	6,878	  	 		  	MCJUNKIN RED MAN CORPORATION
	EQUISTAR CHEMICAL-LA PORTE, TX	 	1515 MILLER CUT OFF ROAD	 	LA PORTE	 	TX	 	77571	 	CUSTOMER
BAILMENT	 	$	2,559	  	 		  	MCJUNKIN RED MAN CORPORATION
	EQUISTAR-LA PORTE, TX	 	1515 MILLER CUT OFF ROAD	 	LA PORTE	 	TX	 	77571	 	CUSTOMER
BAILMENT	 	$	146	  	 		  	MCJUNKIN RED MAN CORPORATION
	EQUISTAR-LAPORTE, TX	 	1515 MILLER CUT OFF ROAD	 	LA PORTE	 	TX	 	77571	 	CUSTOMER
BAILMENT	 	$	1,019	  	 		  	MCJUNKIN RED MAN CORPORATION
	EQUISTAR-LAPORTE, TX	 	1515 MILLER CUT OFF ROAD	 	LA PORTE	 	TX	 	77571	 	CUSTOMER
BAILMENT	 	$	1,065	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 94 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION ENTITY

	ROHM & HAAS-LA PORTE, TX	 	13300 BAY AREA BLVD	 	LA PORTE	 	TX	 	77572	 	CUSTOMER
BAILMENT	 	$	13,663	  	 		  	MCJUNKIN RED MAN CORPORATION
	OXY VINYLS-LA PORTE, TX	 	2400 MILLER CUT-OFF ROAD	 	LAPORTE	 	TX	 	77521	 	CUSTOMER
BAILMENT	 	$	17,676	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-LITTLEFIELD, TX	 	500 W 7TH ST	 	LITTLEFIELD	 	TX	 	79339	 	CUSTOMER
BAILMENT	 	$	21,356	  	 		  	MCJUNKIN RED MAN CORPORATION
	A & A COATERS-LONE STAR, TX	 	3679 FM 250	 	LONE STAR	 	TX	 	75668	 	THIRD
PARTY -
LINE
PIPE	 	$	12,580,460	  	 		  	MCJUNKIN RED MAN CORPORATION
	LONE STAR TUBULAR SVC-LONE STAR, TX	 	FM 729	 	LONE STAR	 	TX	 	75668	 	THIRD
PARTY -
OCTG	 	$	118,105	  	 		  	MCJUNKIN RED MAN CORPORATION
	STAR TUBULAR SERVICES-LONE STAR, TX	 	FM 250 BOX 300	 	LONE STAR	 	TX	 	75668	 	THIRD
PARTY	 	$	820,724	  	 		  	MCJUNKIN RED MAN CORPORATION
	XXTREME PIPE STORAGE-LONE STAR, TX	 	2694 FM250	 	LONE STAR	 	TX	 	75668	 	THIRD
PARTY -
OCTG	 	$	16,290	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHESAPEAKE-LONESTAR, TX	 	3679 FM 250	 	LONESTAR	 	TX	 	75668	 	THIRD
PARTY -
CS	 	$	7,801,437	  	 		  	MCJUNKIN RED MAN CORPORATION
	US STEEL-LONE STAR, TX	 	FM 250, 3 MILES EAST OF LONE STAR	 	LONESTAR	 	TX	 	75668	 	THIRD
PARTY -
OCTG	 	$	8,201,131	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-LONGVIEW, TX	 	2009 EAST COTTON	 	LONGVIEW	 	TX	 	75602	 	CUSTOMER
BAILMENT	 	$	48,033	  	 		  	MCJUNKIN RED MAN CORPORATION
	EASTMAN CHEMICAL CO-LONGVIEW, TX	 	CALLAHAN ROAD	 	LONGVIEW	 	TX	 	75602	 	CUSTOMER
BAILMENT	 	$	9,302	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 95 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	EASTMAN CHEMICAL CO-LONGVIEW, TX	 	CALLAHAN ROAD	 	LONGVIEW	 	TX	 	75602	 	CUSTOMER
BAILMENT	 	$	19,273	  	 		  	MCJUNKIN RED MAN CORPORATION
	EASTMAN CHEMICAL CO-LONGVIEW, TX	 	CALLAHAN ROAD	 	LONGVIEW	 	TX	 	75602	 	CUSTOMER
BAILMENT	 	$	11,058	  	 		  	MCJUNKIN RED MAN CORPORATION
	EASTMAN CHEMICAL CO-LONGVIEW, TX	 	CALLAHAN ROAD	 	LONGVIEW	 	TX	 	75602	 	CUSTOMER
BAILMENT	 	$	938	  	 		  	MCJUNKIN RED MAN CORPORATION
	EASTMAN CHEMICAL CO-LONGVIEW, TX	 	CALLAHAN ROAD	 	LONGVIEW	 	TX	 	75602	 	CUSTOMER
BAILMENT	 	$	4,658	  	 		  	MCJUNKIN RED MAN CORPORATION
	EASTMAN CHEMICAL CO-LONGVIEW, TX	 	CALLAHAN ROAD	 	LONGVIEW	 	TX	 	75602	 	CUSTOMER
BAILMENT	 	$	16,873	  	 		  	MCJUNKIN RED MAN CORPORATION
	EASTMAN CHEMICAL CO-LONGVIEW, TX	 	CALLAHAN ROAD	 	LONGVIEW	 	TX	 	75602	 	CUSTOMER
BAILMENT	 	$	7,501	  	 		  	MCJUNKIN RED MAN CORPORATION
	EASTMAN CHEMICAL CO-LONGVIEW, TX	 	CALLAHAN ROAD	 	LONGVIEW	 	TX	 	75602	 	CUSTOMER
BAILMENT	 	$	7,033	  	 		  	MCJUNKIN RED MAN CORPORATION
	EASTMAN CHEMICAL CO-LONGVIEW, TX	 	CALLAHAN ROAD	 	LONGVIEW	 	TX	 	75602	 	CUSTOMER
BAILMENT	 	$	4,415	  	 		  	MCJUNKIN RED MAN CORPORATION
	EASTMAN CHEMICAL CO-LONGVIEW, TX	 	CALLAHAN ROAD	 	LONGVIEW	 	TX	 	75602	 	CUSTOMER
BAILMENT	 	$	2,206	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 96 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	EASTMAN CHEMICAL CO-LONGVIEW, TX	 	CALLAHAN ROAD	 	LONGVIEW	 	TX	 	75602	 	CUSTOMER
BAILMENT	 	$	2,103	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-LUBBOCK, TX	 	40TH & MARTIN LUTHER KING	 	LUBBOCK	 	TX	 	79408	 	CUSTOMER
BAILMENT	 	$	42,955	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-LUBBOCK, TX	 	4003 MLK JR. BLVD	 	LUBBOCK	 	TX	 	79404	 	SATELLITE	 	$	978,668	  	 		  	MCJUNKIN RED MAN CORPORATION
	LINCOLN MANUFACTURING-MAGNOLIA, TX	 	31209 FM 2978 ROAD	 	MAGNOLIA	 	TX	 	77354	 	THIRD
PARTY -
OCTG	 	$	63,948	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-MCKINNEY, TX	 	1681 CORPORATE DRIVE	 	MCKINNEY	 	TX	 	75069	 	CUSTOMER
BAILMENT	 	$	15,491	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-MCKINNEY, TX	 	1681 CORPORATE DRIVE	 	MCKINNEY	 	TX	 	75069	 	CUSTOMER
BAILMENT	 	$	91,146	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-MIDLAND, TX	 	PERMIAN BASIN UNIT	 	MIDLAND	 	TX	 	79711	 	CUSTOMER
BAILMENT	 	$	89,227	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON CONSIGNMENT - 1788 PIPE YARD-MIDLAND, TX	 	4200 N FM 1788	 	MIDLAND	 	TX	 	79707	 	THIRD
PARTY -
OCTG	 	$	554,983	  	 		  	MCJUNKIN RED MAN CORPORATION
	EXXONMOBIL MONT BELVIEU PLASTICS PLANT-MONT BELVIEU, TX	 	13330 HATCHERVILLE ROAD	 	MONT BELVIEU	 	TX	 	77580	 	CUSTOMER
BAILMENT	 	$	16,224	  	 		  	MCJUNKIN RED MAN CORPORATION
	TARGA RESOURCES-MONT BELVIEU, TX	 	10319 HIGHWAY 146 NORTH	 	MOUNT BELVIEU	 	TX	 	77580	 	CUSTOMER
BAILMENT	 	$	20,143	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 97 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION ENTITY

	E.L. FARMER TRUCKING-ODESSA, TX	 	1002 S COUNTY RD WEST	 	ODESSA	 	TX	 	79763	 	THIRD
PARTY	 	$	1,581,287	  	 		  	MCJUNKIN RED MAN CORPORATION
	ODESSA DRILL PIPE RECLAMATION-ODESSA, TX	 	11816 W I-20 EAST	 	ODESSA	 	TX	 	79765	 	THIRD
PARTY -
OCTG	 	$	97,593	  	 		  	MCJUNKIN RED MAN CORPORATION
	PRADON CONSTRUCTION-ODESSA, TX	 	2100 W 83RD ST	 	ODESSA	 	TX	 	79764	 	THIRD
PARTY	 	$	137,088	  	 		  	MCJUNKIN RED MAN CORPORATION
	PRECISION LINING SYSTEMS-ODESSA, TX	 	9019 N COUNTY RD WEST	 	ODESSA	 	TX	 	79764	 	THIRD
PARTY -
OCTG	 	$	323,729	  	 		  	MCJUNKIN RED MAN CORPORATION
	S I W PIPE AND SUPPLY-ODESSA, TX	 	6149 W 10TH ST	 	ODESSA	 	TX	 	79763	 	THIRD
PARTY -
OCTG	 	$	94,304	  	 		  	MCJUNKIN RED MAN CORPORATION
	TK LINER SHOP-ODESSA, TX	 	2400 STEVENS ROAD	 	ODESSA	 	TX	 	79764	 	THIRD
PARTY -
OCTG	 	$	124,989	  	 		  	MCJUNKIN RED MAN CORPORATION
	TUBO-CTG-PERMIAN ODSA-ODESSA, TX	 	316 SOUTH WILLIAMS	 	ODESSA	 	TX	 	79763	 	THIRD
PARTY -
OCTG	 	$	264,524	  	 		  	MCJUNKIN RED MAN CORPORATION
	TUBOSCOPE COATING-MIDLAND-ODESSA, TX	 	11919 COUNTY RD 128 W	 	ODESSA	 	TX	 	79765	 	THIRD
PARTY -
OCTG	 	$	907,857	  	 		  	MCJUNKIN RED MAN CORPORATION
	ULTRA PREMIUM OILFIELD SERVICE-ODESSA, TX	 	3333 BRAZOS	 	ODESSA	 	TX	 	79764	 	THIRD
PARTY -
OCTG	 	$	949	  	 		  	MCJUNKIN RED MAN CORPORATION
	OLD OCEAN, TX	 	HWY 35 SOUTH & FM 524	 	OLD OCEAN	 	TX	 	77463	 	FF	 	$	346,131	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON-OZONA, TX	 	3081 IH 10E	 	OZONA	 	TX	 	76943	 	CUSTOMER
BAILMENT	 	$	10,140	  	 		  	MCJUNKIN RED MAN CORPORATION
	DCP-OZONA, TX	 	372 STATE HWY 163 SOUTH	 	OZONA	 	TX	 	76943	 	CUSTOMER
BAILMENT	 	$	30,222	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 98 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	ATMOS ENERGY MID-TEX DIVISION-PALESTINE, TX	 	200 WILLOW CREEK PARKWAY	 	PALESTINE	 	TX	 	75801	 	CUSTOMER
BAILMENT	 	$	26,332	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-PAMPA, TX	 	1417 S BARNES	 	PAMPA	 	TX	 	79065	 	CUSTOMER
BAILMENT	 	$	17,431	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON-PAMPA, TX	 	1503 S BARNES	 	PAMPA	 	TX	 	79065	 	CUSTOMER
BAILMENT	 	$	8,548	  	 		  	MCJUNKIN RED MAN CORPORATION
	D C P MIDSTREAM-PAMPA, TX	 	11703 HIGHWAY 152	 	PAMPA	 	TX	 	79065	 	CUSTOMER
BAILMENT	 	$	3,711	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-PARIS, TX	 	3005 NW LOOP 286	 	PARIS	 	TX	 	75460	 	CUSTOMER
BAILMENT	 	$	52,646	  	 		  	MCJUNKIN RED MAN CORPORATION
	ALBEMARLE-PASADENA, TX	 	1000 NORTH SOUTH ST.	 	PASADENA	 	TX	 	77501	 	CUSTOMER
BAILMENT	 	$	3,382	  	 		  	MCJUNKIN RED MAN CORPORATION
	ALBEMARLE-PASADENA, TX	 	1000 NORTH SOUTH ST.	 	PASADENA	 	TX	 	77501	 	CUSTOMER
BAILMENT	 	$	2,655	  	 		  	MCJUNKIN RED MAN CORPORATION
	ALBEMARLE-PASADENA, TX	 	1000 NORTH SOUTH ST.	 	PASADENA	 	TX	 	77501	 	CUSTOMER
BAILMENT	 	$	873	  	 		  	MCJUNKIN RED MAN CORPORATION
	ALBEMARLE-PASADENA, TX	 	1000 NORTH SOUTH ST.	 	PASADENA	 	TX	 	77501	 	CUSTOMER
BAILMENT	 	$	2,553	  	 		  	MCJUNKIN RED MAN CORPORATION
	ALBEMARLE-PASADENA, TX	 	13000 BAY PARK ROAD	 	PASADENA	 	TX	 	77507	 	CUSTOMER
BAILMENT	 	$	29,032	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 99 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	CELANESE-PASADENA, TX	 	9502 BAYPORT ROAD	 	PASADENA	 	TX	 	77507	 	CUSTOMER
BAILMENT	 	$	6,899	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON PHILLIPS CHEMICAL-PASADENA, TX	 	1400 JEFFERSON RD	 	PASADENA	 	TX	 	77501	 	CUSTOMER
BAILMENT	 	$	12,080	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON PHILLIPS CHEMICAL-PASADENA, TX	 	1400 JEFFERSON ROAD	 	PASADENA	 	TX	 	77501	 	CUSTOMER
BAILMENT	 	$	759	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON PHILLIPS CHEMICAL-PASADENA, TX	 	1400 JEFFERSON ROAD	 	PASADENA	 	TX	 	77501	 	CUSTOMER
BAILMENT	 	$	8,277	  	 		  	MCJUNKIN RED MAN CORPORATION
	EQUISTAR-PASADENA, TX	 	5761 UNDERWOOD	 	PASADENA	 	TX	 	77507	 	CUSTOMER
BAILMENT	 	$	1,217	  	 		  	MCJUNKIN RED MAN CORPORATION
	LYONDELL BASSELL-PASADENA, TX	 	12001 BAY AREA BLVD	 	PASADENA	 	TX	 	77507	 	CUSTOMER
BAILMENT	 	$	1,195	  	 		  	MCJUNKIN RED MAN CORPORATION
	PASADENA, TX	 	1423 HIGHWAY 225	 	PASADENA	 	TX	 	77506	 	FF	 	$	210,062	  	 		  	MCJUNKIN RED MAN CORPORATION
	SEKISUI SPECIALTY CHEMICAL-PASADENA, TX	 	1423 HWY 225	 	PASADENA	 	TX	 	77506	 	CUSTOMER
BAILMENT	 	$	4,590	  	 		  	MCJUNKIN RED MAN CORPORATION
	HOUSTON TUBULARS INC-PEARLAND, TX	 	13600 HATFIELD	 	PEARLAND	 	TX	 	77581	 	THIRD
PARTY	 	$	53,093	  	 		  	MCJUNKIN RED MAN CORPORATION
	SHAWCOR PIPE PROTECTION-PEARLAND, TX	 	4501 KNAPP ROAD	 	PEARLAND	 	TX	 	77581	 	THIRD
PARTY -
LINE
PIPE	 	$	19,032,890	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 100 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	ATMOS ENERGY-PLAINVIEW, TX	 	21 ST & COLUMBIA	 	PLAINVIEW	 	TX	 	79073	 	CUSTOMER
BAILMENT	 	$	26,424	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-PLANO, TX	 	3697 MAPLE SHADE	 	PLANO	 	TX	 	75075	 	CUSTOMER
BAILMENT	 	$	128,674	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-PLANO, TX	 	3697 MAPLE SHADE	 	PLANO	 	TX	 	75075	 	CUSTOMER
BAILMENT	 	$	3,612	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON-PORT ARTHUR, TX	 	GATE 44 CHEVRON STORES, US HWY 87	 	PORT ARTHUR	 	TX	 	77641	 	CUSTOMER
BAILMENT	 	$	10,185	  	 		  	MCJUNKIN RED MAN CORPORATION
	SHELL/MOTIVA-PORT ARTHUR, TX	 	N END OF HOUSTON AVE	 	PORT ARTHUR	 	TX	 	77641	 	CUSTOMER
BAILMENT	 	$	39,680	  	 		  	MCJUNKIN RED MAN CORPORATION
	VALERO REFINING CO-PORT ARTHUR, TX	 	HWY 87 GATE 19	 	PORT ARTHUR	 	TX	 	77641	 	CUSTOMER
BAILMENT	 	$	8,386	  	 		  	MCJUNKIN RED MAN CORPORATION
	VALERO-PORT ARTHUR, TX	 	HWY 87 GATE 19	 	PORT ARTHUR	 	TX	 	77641	 	CUSTOMER
BAILMENT	 	$	65,190	  	 		  	MCJUNKIN RED MAN CORPORATION
	ARMOR-COTE-ROBSTOWN, TX	 	HWY 77 S FM RD 2826	 	ROBSTOWN	 	TX	 	78380	 	THIRD
PARTY -
LINE
PIPE	 	$	34,314	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-ROUND ROCK, TX	 	3110 NORTH I-35	 	ROUND ROCK	 	TX	 	78681	 	CUSTOMER
BAILMENT	 	$	104,872	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-SAN ANGELO, TX	 	1730 NORTH MAIN	 	SAN ANGELO	 	TX	 	76903	 	CUSTOMER
BAILMENT	 	$	73,971	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 101 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	ATMOS ENERGY-SEMINOLE, TX	 	305 SE AVE B	 	SEMINOLE	 	TX	 	79360	 	CUSTOMER
BAILMENT	 	$	11,147	  	 		  	MCJUNKIN RED MAN CORPORATION
	MRC-HESS-SEMINOLE, TX	 	3.5 MILES NORTH ON HWY 214	 	SEMINOLE	 	TX	 	79360	 	SATELLITE	 	$	203,955	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-SHERMAN, TX	 	5111 BLUE FLAME LANE	 	SHERMAN	 	TX	 	75090	 	CUSTOMER
BAILMENT	 	$	2,060	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-SHERMAN, TX	 	5111 BLUE FLAME LANE	 	SHERMAN	 	TX	 	75090	 	CUSTOMER
BAILMENT	 	$	69,799	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-STAMFORD, TX	 	1601 CR 124	 	STAMFORD	 	TX	 	79553	 	CUSTOMER
BAILMENT	 	$	18,411	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-STEPHENVILLE, TX	 	883 NORTH GRAHAM STREET	 	STEPHENVILLE	 	TX	 	76401	 	CUSTOMER
BAILMENT	 	$	38,387	  	 		  	MCJUNKIN RED MAN CORPORATION
	CAPORAL INDUSTRIES LTD-STEPHENVILLE, TX	 	600 CAPORAL DRIVE	 	STEPHENVILLE	 	TX	 	76401	 	THIRD
PARTY -
OCTG	 	$	1,892	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-SULPHUR SPRINGS, TX	 	1530 W INDUSTRIAL	 	SULPHUR SPRINGS	 	TX	 	75482	 	CUSTOMER
BAILMENT	 	$	37,207	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON-SUNDOWN, TX	 	910 SOUTH TEXAS	 	SUNDOWN	 	TX	 	79372	 	CUSTOMER
BAILMENT	 	$	27,892	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-SWEETWATER, TX	 	FM 419 (100 YDS N OF CI)	 	SWEETWATER	 	TX	 	79556	 	CUSTOMER
BAILMENT	 	$	37,082	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 102 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	ATMOS ENERGY MID-TEX DIVISION-TEMPLE, TX	 	2138 LUCIUS MCCELVEY DR	 	TEMPLE	 	TX	 	76504	 	CUSTOMER
BAILMENT	 	$	57,026	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-TENNESSEE COLONY, TX	 	1897 FM 2706	 	TENNESSEE COLONY	 	TX	 	75861	 	CUSTOMER
BAILMENT	 	$	3,810	  	 		  	MCJUNKIN RED MAN CORPORATION
	INTERNATIONAL PAPER-TEXARKANA, TX	 	9978 FARM MARKET ROAD 3129	 	TEXARKANA	 	TX	 	75507	 	CUSTOMER
BAILMENT	 	$	51,838	  	 		  	MCJUNKIN RED MAN CORPORATION
	BP AMOCO-TEXAS CITY, TX	 	2401 5TH AVENUE SOUTH	 	TEXAS CITY	 	TX	 	77590	 	CUSTOMER
BAILMENT	 	$	172,229	  	 		  	MCJUNKIN RED MAN CORPORATION
	BP-TEXAS CITY, TX	 	2800 FM 519 EAST	 	TEXAS CITY	 	TX	 	77590	 	CUSTOMER
BAILMENT	 	$	22,897	  	 		  	MCJUNKIN RED MAN CORPORATION
	MARATHON PETROLEUM LLC-TEXAS CITY, TX	 	1027 SIXTH AVE SOUTH	 	TEXAS CITY	 	TX	 	77590	 	CUSTOMER
BAILMENT	 	$	80,512	  	 		  	MCJUNKIN RED MAN CORPORATION
	MARATHON PETROLEUM LLC-TEXAS CITY, TX	 	1027 SIXTH AVE SOUTH	 	TEXAS CITY	 	TX	 	77590	 	CUSTOMER
BAILMENT	 	$	4,192	  	 		  	MCJUNKIN RED MAN CORPORATION
	MARATHON PETROLEUM LLC-TEXAS CITY, TX	 	1027 SIXTH AVE SOUTH	 	TEXAS CITY	 	TX	 	77590	 	CUSTOMER
BAILMENT	 	$	2,451	  	 		  	MCJUNKIN RED MAN CORPORATION
	MARATHON PETROLEUM-TEXAS CITY, TX	 	1027 SIXTH AVE SOUTH	 	TEXAS CITY	 	TX	 	77590	 	CUSTOMER
BAILMENT	 	$	6,470	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 103 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	MARATHON PETROLEUM-TEXAS CITY, TX	 	1027 SIXTH AVE SOUTH	 	TEXAS CITY	 	TX	 	77590	 	CUSTOMER
BAILMENT	 	$	771	  	 		  	MCJUNKIN RED MAN CORPORATION
	MARATHON PETROLEUM-TEXAS CITY, TX	 	1027 SIXTH AVE SOUTH	 	TEXAS CITY	 	TX	 	77590	 	CUSTOMER
BAILMENT	 	$	1,867	  	 		  	MCJUNKIN RED MAN CORPORATION
	MARATHON PETROLEUM-TEXAS CITY, TX	 	1027 SIXTH AVE SOUTH	 	TEXAS CITY	 	TX	 	77590	 	CUSTOMER
BAILMENT	 	$	471	  	 		  	MCJUNKIN RED MAN CORPORATION
	SCOPE MGT SYSTEMS-TEXAS CITY, TX	 	2401 5TH ACE SOUTH	 	TEXAS CITY	 	TX	 	77590	 	CUSTOMER
BAILMENT	 	$	71,750	  	 		  	MCJUNKIN RED MAN CORPORATION
	VALERO REFINING TEXAS LP-TEXAS CITY, TX	 	1301 LOOP 197 S	 	TEXAS CITY	 	TX	 	77590	 	CUSTOMER
BAILMENT	 	$	46,426	  	 		  	MCJUNKIN RED MAN CORPORATION
	VALERO TEXAS CITY-TEXAS CITY, TX	 	1301 LOOP 197 S	 	TEXAS CITY	 	TX	 	77590	 	CUSTOMER
BAILMENT	 	$	9,582	  	 		  	MCJUNKIN RED MAN CORPORATION
	VALERO TEXAS CITY-TEXAS CITY, TX	 	1301 LOOP 197 S	 	TEXAS CITY	 	TX	 	77590	 	CUSTOMER
BAILMENT	 	$	2,890	  	 		  	MCJUNKIN RED MAN CORPORATION
	VALERO-TEXAS CITY, TX	 	1301 LOOP 197 SOUTH	 	TEXAS CITY	 	TX	 	77590	 	CUSTOMER
BAILMENT	 	$	1,482	  	 		  	MCJUNKIN RED MAN CORPORATION
	VALERO-TEXAS CITY, TX	 	1301 LOOP 197 SOUTH	 	TEXAS CITY	 	TX	 	77590	 	CUSTOMER
BAILMENT	 	$	2,192	  	 		  	MCJUNKIN RED MAN CORPORATION
	VALERO-TEXAS CITY, TX	 	1301 LOOP 197 SOUTH	 	TEXAS CITY	 	TX	 	77590	 	CUSTOMER
BAILMENT	 	$	2,295	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 104 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	VALERO-TEXAS CITY, TX	 	1301 LOOP 197 SOUTH	 	TEXAS CITY	 	TX	 	77590	 	CUSTOMER
BAILMENT	 	$	1,067	  	 		  	MCJUNKIN RED MAN CORPORATION
	VALERO-TEXAS CITY, TX	 	1301 LOOP 197 SOUTH	 	TEXAS CITY	 	TX	 	77590	 	CUSTOMER
BAILMENT	 	$	1,136	  	 		  	MCJUNKIN RED MAN CORPORATION
	VALERO-THREE RIVERS, TX	 	301 LEROY STREET	 	THREE RIVERS	 	TX	 	78071	 	CUSTOMER
BAILMENT	 	$	91,870	  	 		  	MCJUNKIN RED MAN CORPORATION
	D C P MIDSTREAM-TOLAR, TX	 	4205 HILL CITY HWY	 	TOLAR	 	TX	 	76476	 	CUSTOMER
BAILMENT	 	$	6,485	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-VERNON, TX	 	900 OLIVE ACE	 	VERNON	 	TX	 	76384	 	CUSTOMER
BAILMENT	 	$	11,142	  	 		  	MCJUNKIN RED MAN CORPORATION
	ENERGY TRANSFER-VICTORIA, TX	 	248 BURROUGHSVILLE RD	 	VICTORIA	 	TX	 	77905	 	CUSTOMER
BAILMENT	 	$	6,259	  	 		  	MCJUNKIN RED MAN CORPORATION
	KINDER MORGAN-VICTORIA, TX	 	409 HOLT ROAD	 	VICTORIA	 	TX	 	77905	 	CUSTOMER
BAILMENT	 	$	8,431	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-WACO, TX	 	1500 W LOOP 340	 	WACO	 	TX	 	76710	 	CUSTOMER
BAILMENT	 	$	94,916	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-WAXAHACHIE, TX	 	901 FERRIS AVENUE	 	WAXAHACHIE	 	TX	 	75165	 	CUSTOMER
BAILMENT	 	$	44,899	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 105 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	ATMOS ENERGY MID-TEX DIVISION-WICHITA FALLS, TX	 	5808 ASHLEYANN CIRCLE	 	WICHITA FALLS	 	TX	 	76310	 	CUSTOMER
BAILMENT	 	$	688	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY MID-TEX DIVISION-WICHITA FALLS, TX	 	5808 AHSLEYANN CIRCLE	 	WICHITA FALLS	 	TX	 	76310	 	CUSTOMER
BAILMENT	 	$	87,473	  	 		  	MCJUNKIN RED MAN CORPORATION
	BALL WINCH PIPELINE SERVICES-WILLIS, TX	 	15786 HWY 75 NORTH	 	WILLIS	 	TX	 	77378	 	THIRD
PARTY -
LINE
PIPE	 	$	279,133	  	 		  	MCJUNKIN RED MAN CORPORATION
	BIG WEST OIL CO-NORTH SALT LAKE CITY, UT	 	333 WEST CENTER STREET	 	NORTH SALT LAKE CITY	 	UT	 	84054	 	CUSTOMER
BAILMENT	 	$	16,338	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON-NORTH SALT LAKE, UT	 	651 SOUTH REDWOOD ROAD	 	NORTH SALT LAKE CITY	 	UT	 	84054	 	TRAILER	 	$	18,458	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCO PHILLIPS-PRICE, UT	 	6815 SOUTH 5300 WEST	 	PRICE	 	UT	 	84501	 	CUSTOMER
BAILMENT	 	$	347,057	  	 		  	MCJUNKIN RED MAN CORPORATION
	ANADARKO-VERNAL, UT	 	65 MILES SOUTH OF VERNAL	 	VERNAL	 	UT	 	84078	 	CUSTOMER
BAILMENT	 	$	144,246	  	 		  	MCJUNKIN RED MAN CORPORATION
	ANADARKO-VERNAL, UT	 	40 MILES SOUTH OF VERNAL ON FIDDLER RD	 	VERNAL	 	UT	 	84078	 	CUSTOMER
BAILMENT	 	$	16,031	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHESAPEAKE-VINEYARD, UT	 	1750 N PIONEER LANE	 	VINEYARD	 	UT	 	84058	 	THIRD
PARTY -
CS	 	$	1,011,247	  	 		  	MCJUNKIN RED MAN CORPORATION
	SHAWCOR PIPE PROTECTION-VINEYARD, UT	 	1750 N PIONEER LANE	 	VINEYARD	 	UT	 	84058	 	THIRD
PARTY -
LINE
PIPE	 	$	19,595,987	  	 		  	MCJUNKIN RED MAN CORPORATION
	WESTERN PIPE COATERS & ENGRS-VINEYARD, UT	 	1610 NORTH 250 WEST	 	VINEYARD	 	UT	 	84058	 	THIRD
PARTY -
LINE
PIPE	 	$	202,461	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 106 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	WESTERN PIPE COATERS-VINEYARD, UT	 	1610 NORTH 250 WEST	 	VINEYARD	 	UT	 	84058	 	THIRD PARTY
- LINE PIPE	 	$	25,959	  	 		  	MCJUNKIN RED MAN CORPORATION
	CNX GAS COMPANY VIRGINIA-CEDAR BLUFF, VA	 	627 CLAYPOOL HILL MALL RD	 	CEDAR BLUFF	 	VA	 	24609	 	CUSTOMER
BAILMENT	 	$	1,488,509	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-CHESAPEAKE, VA	 	1363 GREAT BRIDGE BLVD	 	CHESAPEAKE	 	VA	 	23322	 	CUSTOMER
BAILMENT	 	$	38,375	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-MARION, VA	 	555 SOUTH MAIN STREET	 	MARION	 	VA	 	24354	 	CUSTOMER
BAILMENT	 	$	18,579	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-NEWPORT NEWS, VA	 	746 DILIGENCE DRIVE	 	NEWPORT NEWS	 	VA	 	23606	 	CUSTOMER
BAILMENT	 	$	59,103	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-NEWPORT NEWS, VA	 	746 DILIGENCE DRIVE	 	NEWPORT NEWS	 	VA	 	23606	 	CUSTOMER
BAILMENT	 	$	3,557	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-NORFOLK, VA	 	3719 VIRGINIA BEACH BLVD	 	NORFOLK	 	VA	 	23502	 	CUSTOMER
BAILMENT	 	$	10,798	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-NORFOLK, VA	 	3719 VIRGINIA BEACH BLVD	 	NORFOLK	 	VA	 	23502	 	CUSTOMER
BAILMENT	 	$	47,767	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATMOS ENERGY-RADFORD, VA	 	1013 FIRST STREET	 	RADFORD	 	VA	 	24141	 	CUSTOMER
BAILMENT	 	$	38,021	  	 		  	MCJUNKIN RED MAN CORPORATION
	ATLANTA GAS LIGHT-RICHMOND, VA	 	2500 BELLWOOD ROAD	 	RICHMOND	 	VA	 	23237	 	CUSTOMER
BAILMENT	 	$	5,099	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 107 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	SHELL REFINING-ANACORTES, WA	 	600 SOUTH TEXAS ROAD	 	ANACORTES	 	WA	 	98221	 	CUSTOMER
BAILMENT	 	$	17,782	  	 		  	MCJUNKIN RED MAN CORPORATION
	BP WEST COAST PRODUCTS-BLAINE, WA	 	4519 GRANDVIEW ROAD	 	BLAINE	 	WA	 	98231	 	CUSTOMER
BAILMENT	 	$	15,439	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCOPHILLIPS-FERNDALE, WA	 	3901 UNICK RD	 	FERNDALE	 	WA	 	98248	 	CUSTOMER
BAILMENT	 	$	1,544	  	 		  	MCJUNKIN RED MAN CORPORATION
	THILMANY, LLC-DE PERE, WI	 	200 MAIN AVENUE	 	DE PERE	 	WI	 	54115	 	CUSTOMER
BAILMENT	 	$	1,851	  	 		  	MCJUNKIN RED MAN CORPORATION
	THILMANY, LLC-KAUKAUNA, WI	 	600 THILMANY ROAD	 	KAUKAUNA	 	WI	 	54130	 	CUSTOMER
BAILMENT	 	$	16,903	  	 		  	MCJUNKIN RED MAN CORPORATION
	EQT-BECKLEY, WV	 	129 DYE STREET	 	BECKLEY	 	WV	 	25801	 	CUSTOMER
BAILMENT	 	$	23,200	  	 		  	MCJUNKIN RED MAN CORPORATION
	EASTERN AMERICAN ENERGY-MANILLA, WV	 	US ROUTE 119 SOUTH	 	MANILLA	 	WV	 	25508	 	CUSTOMER
BAILMENT	 	$	13,663	  	 		  	MCJUNKIN RED MAN CORPORATION
	TKI-MOATSVILLE, WV	 	ROUTE 1, BOX 256	 	MOATSVILLE	 	WV	 	26405	 	THIRD
PARTY -
PBB	 	$	388	  	 		  	MCJUNKIN RED MAN CORPORATION
	PANHANDLE OILFIELD SERVICE CO-MORGANTOWN, WV	 	1300 HEAVY HAUL ROAD	 	MORGANTOWN	 	WV	 	26508	 	THIRD
PARTY -
PBB	 	$	1,895,224	  	 		  	MCJUNKIN RED MAN CORPORATION
	GASTAR EXPLORATION-NEW MARTINSVILLE, WV	 	RT 20 GPS 37.61251-80.82882	 	NEW MARTINSVILLE	 	WV	 	26155	 	CUSTOMER
BAILMENT	 	$	68,104	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 108 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	PROCTOR, WV	 	RT 2, 16339 ENERGY ROAD	 	PROCTOR	 	WV	 	26055	 	FF	 	$	2,132,445	  	 		  	MCJUNKIN RED MAN CORPORATION
	PENN VA OIL-RAVENCLIFF, WV	 	OLD RT 5	 	RAVENCLIFFE	 	WV	 	25913	 	CUSTOMER
BAILMENT	 	$	4,606	  	 		  	MCJUNKIN RED MAN CORPORATION
	EASTERN AMERICAN-SOUTH CHARLESTON, WV	 	5 EAGLE DRIVE	 	SOUTH CHARLESTON	 	WV	 	25309	 	CUSTOMER
BAILMENT	 	$	11,037	  	 		  	MCJUNKIN RED MAN CORPORATION
	E I DUPONT DE NEMOURS & CO INC-WASHINGTON, WV	 	RT 892 DUPONT RD	 	WASHINGTON	 	WV	 	26181	 	CUSTOMER
BAILMENT	 	$	5,526	  	 		  	MCJUNKIN RED MAN CORPORATION
	HOUSTON TUBULAR INC-WEIRTON, WV	 	HALF MOON INDUSTRIAL PARK	 	WEIRTON	 	WV	 	26062	 	THIRD
PARTY	 	$	115,285	  	 		  	MCJUNKIN RED MAN CORPORATION
	WESTON RM-WESTON, WV	 	1748 OLD ROUTE 33 EAST	 	WESTON	 	WV	 	26452	 	SATELLITE	 	($	7,218	) 	 	Leased	  	MCJUNKIN RED MAN CORPORATION
	MARATHON OIL CO-BYRON, WY	 	341 HWY 14A W	 	BYRON	 	WY	 	82412	 	CUSTOMER
BAILMENT	 	$	56,175	  	 		  	MCJUNKIN RED MAN CORPORATION
	C&Y YARD-CASPER, WY	 	10000 E HWY 20-26	 	CASPER	 	WY	 	82609	 	THIRD
PARTY -
OCTG	 	$	71,217	  	 		  	MCJUNKIN RED MAN CORPORATION
	GRANTPRIDECO TUBE ALLOY-CASPER, WY	 	3501 N POPLAR	 	CASPER	 	WY	 	82601	 	THIRD
PARTY -
OCTG	 	$	25,039	  	 		  	MCJUNKIN RED MAN CORPORATION
	MARATHON OIL CO-CODY, WY	 	238 RD 3 EM	 	CODY	 	WY	 	82414	 	CUSTOMER
BAILMENT	 	$	62,658	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 109 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	REYNOLDS TRANSPORTATION-GILLETTE, WY	 	601 LARCH STREET	 	GILLETTE	 	WY	 	82716	 	THIRD
PARTY -
PBB	 	$	2	  	 		  	MCJUNKIN RED MAN CORPORATION
	W.L. PLASTICS-GILLETTE, WY	 	1301 E LINCOLN STREET	 	GILLETTE	 	WY	 	82716	 	THIRD
PARTY -
PBB	 	$	117,833	  	 		  	MCJUNKIN RED MAN CORPORATION
	FMC GRANGER-GRANGER, WY	 	WESTVACO ROAD	 	GRANGER	 	WY	 	82934	 	CUSTOMER
BAILMENT	 	$	14,722	  	 		  	MCJUNKIN RED MAN CORPORATION
	FMC-GRANGER, WY	 	WESTVACO ROAD	 	GREEN RIVER	 	WY	 	82935	 	CUSTOMER
BAILMENT	 	$	98,305	  	 		  	MCJUNKIN RED MAN CORPORATION
	FMC-GREEN RIVER, WY	 	MINE - 8 SHAFT	 	GREEN RIVER	 	WY	 	82935	 	CUSTOMER
BAILMENT	 	$	7,223	  	 		  	MCJUNKIN RED MAN CORPORATION
	SOLVAY MINERALS-GREEN RIVER, WY	 	WEST OF GREEN RIVER	 	GREEN RIVER	 	WY	 	82935	 	CUSTOMER
BAILMENT	 	$	35,751	  	 		  	MCJUNKIN RED MAN CORPORATION
	WILLIAMS ENERGY-GREEN RIVER, WY	 	4980 HWY 374	 	GREEN RIVER	 	WY	 	82935	 	CUSTOMER
BAILMENT	 	$	1,179	  	 		  	MCJUNKIN RED MAN CORPORATION
	GENERAL CHEMICAL GROUP-GREEN RIVER, WY	 	ALCHEM ROAD	 	GREENRIVER	 	WY	 	82935	 	CUSTOMER
BAILMENT	 	$	16,871	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON CORP-LA BARGE, WY	 	4.5 MILES WEST HWY 235	 	LA BARGE	 	WY	 	83123	 	CUSTOMER
BAILMENT	 	$	33,126	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON-LA BARGE, WY	 	LA BARGE/MOXA YARD, BIRCH CREEK UNIT FE	 	LA BARGE	 	WY	 	83123	 	CUSTOMER
BAILMENT	 	$	84,921	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 110 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY
VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	WILLIAMS ENERGY-LA BARGE, WY	 	9 MILES N ROUTE 189	 	LA BARGE	 	WY	 	83123	 	CUSTOMER
BAILMENT	 	$	7,722	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCOPHILLIPS-LOST CABIN, WY	 	165 LOST CABIN ROAD	 	LOST CABIN	 	WY	 	82642	 	CUSTOMER
BAILMENT	 	$	35,665	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCOPHILLIPS-LOST CABIN, WY	 	165 LOST CABIN ROAD	 	LOST CABIN	 	WY	 	82642	 	CUSTOMER
BAILMENT	 	$	41,043	  	 		  	MCJUNKIN RED MAN CORPORATION
	CONOCO PHILLIPS-LYSITE, WY	 	2700 BAD WATER ROAD	 	LYSITE	 	WY	 	82642	 	CUSTOMER
BAILMENT	 	$	67,386	  	 		  	MCJUNKIN RED MAN CORPORATION
	W.L. PLASTICS-MILLS, WY	 	2075 NORTH PYRITE ROAD	 	MILLS	 	WY	 	82644	 	THIRD
PARTY -
PBB	 	$	217,992	  	 		  	MCJUNKIN RED MAN CORPORATION
	WILLIAMS ENERGY-OPAL, WY	 	1 MILE S ROUTE 30	 	OPAL	 	WY	 	83124	 	CUSTOMER
BAILMENT	 	$	7,844	  	 		  	MCJUNKIN RED MAN CORPORATION
	ANADARKO E & P CO-ROCK SPRINGS, WY	 	42 MILES EAST I-80, 2 MILES PATRICK DRAW RD	 	ROCK SPRINGS	 	WY	 	82901	 	CUSTOMER
BAILMENT	 	$	14,636	  	 		  	MCJUNKIN RED MAN CORPORATION
	JOHN BUNNING-ROCK SPRINGS, WY	 	1600 ELK ST	 	ROCK SPRINGS	 	WY	 	82901	 	THIRD
PARTY	 	$	5,166,991	  	 		  	MCJUNKIN RED MAN CORPORATION
	CHEVRON CORP-WALTMAN, WY	 	1850 N ARMINTO RD	 	WALTMAN	 	WY	 	82648	 	CUSTOMER
BAILMENT	 	$	7,747	  	 		  	MCJUNKIN RED MAN CORPORATION
	WILLIAMS ENERGY-WAMSUTTER, WY	 	8 MILES S CONTINENTAL DIVIDE RD ROUTE 80	 	WAMSUTTER	 	WY	 	82336	 	CUSTOMER
BAILMENT	 	$	9,247	  	 		  	MCJUNKIN RED MAN CORPORATION

  
 - 111 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY

VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION ENTITY

	MRC TRANSMARK NV	 	BREDASTRAAT 129-133	 	ANTWERPEN	 		 	2060	 		 	€	 5,340,339.14	  	 	Leased	  	MRC TRANSMARK NV
	CWT COMMODITIES	 	BERENDRECHT COMPLEX, KRUISWEG, KAAI 650	 	ANTWERPEN	 		 	2040	 	THIRD PARTY
WAREHOUSES	 	€	83,373.66	  	 		  	MRC TRANSMARK NV
	AXIOMA NV	 	ROLLEBEEKSTRAAT 15	 	WOMMELGEM	 		 	2160	 	THIRD PARTY
WAREHOUSES	 	€	15,273.66	  	 		  	MRC TRANSMARK NV
	BELGIAN REFINING CORPORATION N.V.	 	SCHELDELAAN KAAI 661/665	 	ANTWERPEN	 		 	2040	 	CONSIGNMENT
STOCKS AT
CUSTOMER
ADDRESS	 	€	4,398.53	  	 		  	MRC TRANSMARK NV
	BP CHEMBEL NV	 	AMOCOLAAN 2	 	GEEL	 		 	2440	 	CONSIGNMENT
STOCKS AT
CUSTOMER
ADDRESS	 	€	28,167.21	  	 		  	MRC TRANSMARK NV
	HYLINE CLEMESSY N.V.	 	INDUSTRIEPARK 13	 	MERELBEKE	 		 	9820	 	CONSIGNMENT
STOCKS AT
CUSTOMER
ADDRESS	 	€	6,432.05	  	 		  	MRC TRANSMARK NV
	INEOS N.V.	 	HAVEN 1013, SCHELDEDIJK 50	 	ZWIJNDRECHT	 		 	2070	 	CONSIGNMENT
STOCKS AT
CUSTOMER
ADDRESS	 	€	48,878.82	  	 		  	MRC TRANSMARK NV

  
 - 112 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY

VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION ENTITY

	INEOS CHLOR VINYLS BELGIUM N.V.	 	HEILIG HARTLAAN	 		 	Tessenderlo	 	3980	 	CONSIGNMENT
STOCKS AT
CUSTOMER
ADDRESS	 	€	 32,196.36	  	 		  	MRC TRANSMARK NV
	TOTAL RAFFINADERIJ	 	HAVEN 447, SCHELDELAAN 16	 		 	Antwerpen	 	2030	 	CONSIGNMENT
STOCKS AT
CUSTOMER
ADDRESS	 	€	6,164.37	  	 		  	MRC TRANSMARK NV
	MRC TRANSMARK LIMITED	 	HEATON HOUSE, RIVERSIDE DRIVE, HUNSWORTH LANE	 	BRADFORD	 	West
Yorkshire	 	BD
19
4DH	 		 	£	4,119,375	  	 	Leased	  	MRC TRANSMARK LIMITED
	MRC TRANSMARK LIMITED	 	WEST MAINS IND ESTATE	 	GRANGEMOUTH	 	Stirlingshire	 	FK3
8YE	 		 	£	418,234	  	 	Leased	  	MRC TRANSMARK LIMITED
	MRC TRANSMARK LIMITED	 	UNIT 1, DAWDON BUSINESS PARK BLAIR WAY	 	SEAHAM	 	County
Durham	 	SR7
7PP	 		 	£	291,636	  	 	Leased	  	MRC TRANSMARK LIMITED
	DOW CORNING LIMITED	 	CARDIFF ROAD,	 	BARRY	 	Vale of
Glamorgan	 	CF63
2YL	 	Consigned to
customer	 	£	72,525	  	 		  	MRC TRANSMARK LIMITED
	MRC TRANSMARK (DRAGON) LIMITED	 	UNIT 2, FERRY LANE	 	PEMBROKE	 	Pembrokeshire	 	SA71
4RE	 	Consigned to
customer	 	£	120,227	  	 		  	MRC TRANSMARK LIMITED
	ESSO PETROLEUM CO LIMITED	 	EXXON MOBIL HOUSE, MAILPOINT 14 ERMYN WAY	 	LEATHERHEAD	 	Surrey	 	KT22
8UX	 	Consigned to
customer	 	£	88,161	  	 		  	MRC TRANSMARK LIMITED

  
 - 113 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY

VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
ENTITY

	H & H INDUSTRIAL VALVES LIMITED	 	UNIT 6, KINSEALY IND. ESTATE	 	KINSEALY	 	Co Dublin	 		 	Consigned
to
customer	 	£	16,212	  	 		  	MRC TRANSMARK LIMITED
	INEOS MANUFACTURING SCOTLAND LIMITED	 	BO’NESS ROAD	 	GRAGEMOUTH	 	Stirlingshire	 	FK3
9XH	 	Consigned
to
customer	 	£	106,410	  	 		  	MRC TRANSMARK LIMITED
	PETROPLUS REFINING & MARKETING	 	THE MANORWAY, CORYTON REFINERY,	 	STANFORD-LE-HOPE	 	Essex	 	SS17
9LL	 	Consigned
to
customer	 	£	142,994	  	 		  	MRC TRANSMARK LIMITED
	ESSAR UK LIMITED	 	STANLOW MANUFACTURING COMPLEX, P O BOX 3, ELLESMERE PORT	 	SOUTH WIRRAL	 	Merseyside	 	L65
4HB	 	Consigned
to
customer	 	£	72,374	  	 		  	MRC TRANSMARK LIMITED
	TOTAL UK LIMITED	 	LINDSEY OIL REFINERY, KILLINGHOLME	 	GRIMSBY	 	South
Humberside	 	DN40
3LW	 	Consigned
to
customer	 	£	55,680	  	 		  	MRC TRANSMARK LIMITED
	MRC TRANSMARK (DRAGON) LIMITED	 	UNIT 2, FERRY LANE	 	PEMBROKE	 	Pembrokeshire	 	SA71
4RE	 		 	£	270,057	  	 	Leased	  	MRC TRANSMARK (DRAGON) LIMITED
	MRC SPF SCANFIT LIMITED	 	BURTON CLOSE	 	NORWICH	 	Norfolk	 	NR6
6AZ	 		 	£	2,167,428	  	 	Leased	  	MRC SPF SCANFIT LIMITED
	MRC TRANSMARK B.V.	 	VLOTBRUGWEG 8, 1332AH ALMERE, THE NETHERLANDS	 	ALMERE	 		 	1332AH	 		 	€	8,781,942.79	  	 	Leased	  	MRC TRANSMARK B.V.
	MRC TRANSMARK B.V.	 	COENECOOP 19, 2741 PG WADDINXVEEN	 	WADDINXVEEN	 		 	2741PG	 		 	€	2,435,860.60	  	 	Leased	  	MRC TRANSMARK B.V.
	MRC TRANSMARK B.V.	 	BUSINESS PARK STEIN 124, 6181 MA ELSLOO	 	ELSLOO	 		 	6181MA	 		 	€	52,211.46	  	 	Leased	  	MRC TRANSMARK B.V.

  
 - 114 -

 Annex 2: Locations of Collateral 

 

																			
	 NAME
	 	 ADDRESS
	 	 CITY
	 	 STATE
	 	 POSTCODE
	 	 RBTYPE
	 	 INVENTORY

VALUE
	 	 	 LEASED/
 OWNED
	  	 PERFECTION
 ENTITY

	 Van Straaten Logistics B.V.

VAN STRAATEN LOGISTICS B.V.
	 	CANNENBURGERWEG 67D, 1244 RH ANKEVEEN (TRANSIT STORAGE AT VAN STRAATEN LOGISTICS B.V.)	 	ANKEVEEN	 		 	1244RH	 	Storage
in
transit	 				 	Leased	  	MRC TRANSMARK B.V.
	MRC TRANSMARK INTERNATIONAL B.V.	 	DRAAIBRUGWEG 6, 1332 AC ALMERE, THE NETHERLANDS	 	ALMERE	 		 	1332 AC	 		 	€	454,589	  	 	Leased	  	MRC TRANSMARK INTERNATIONAL B.V.
	MRC TRANSMARK PTY LTD.	 	 3 CORPORATE AVENUE ROWVILLE VIC 3178
 AUSTRALIA
	 	ROWVILLE	 		 	VIC 3178	 		 	 	AUD1,999,372.45	  	 	Leased	  	MRC TRANSMARK PTY LTD.
	 JT Holdings (QLD) Pty Ltd as trustee for JT Family Trust
 PO Box 2270
 ASCOT QLD 4007
	 	257 LEITCHS ROAD BRENDALE QLD 4500	 	BRISBANE	 		 	QLD 4007	 		 	 	AUD705,929	  	 	Leased	  	MRC SPF PTY LTD.
	 BM Webb Holdings Pty Ltd

ABN 97 0111 040 814
 PO Box 2136

TOWNSVILLE QLD 4810
	 	2/49 WEBB DRIVE BOHLE QLD 4818	 	TOWNSVILLE	 		 	QLD 4810	 		 	 	AUD362,542	  	 	Leased	  	MRC SPF PTY LTD.
	MRC SPF PTY LTD.	 	4-6 MARRIOTT ROAD JANAKOT PERTH WA6164	 	PERTH	 		 	WA6164	 		 	 	AUD25,712,728	  	 	Leased	  	MRC SPF PTY LTD.

  
 - 115 -<![CDATA[1st Amendment of Amended & Restated Subordinated Convertible Loan Facility]]>

 Exhibit 10.36 
 FIRST AMENDMENT OF AMENDED AND RESTATED SUBORDINATED 
 CONVERTIBLE LOAN FACILITYAND
SECURITY AGREEMENT 
 This FIRST AMENDMENT OF AMENDED AND RESTATED SUBORDINATED CONVERTIBLE LOAN FACILITY AND SECURITY AGREEMENT
(this “Amendment”) is entered into as of March 27, 2012 by and among Enphase Energy, Inc., a Delaware corporation (“Borrower”), KPCB Holdings, Inc., as nominee, a California corporation
(“KPCB”), as a Lender under the Amended and Restated Subordinated Convertible Loan Facility and Security Agreement dated as of November 16, 2011 (the “Agreement”) and in its capacity as Agent on behalf of the
Lenders thereunder, and the other Persons named therein (together with KPCB, referred to herein individually as a “Lender” and collectively as the “Lenders”). 

A. The Borrower and the Lenders previously entered into the Agreement. 

B. The undersigned parties, who hold more than 60% of the Indebtedness outstanding under the Agreement required for amendments to the
Agreement pursuant to Section 12.5(c) of the Agreement, desire to amend the Agreement in accordance with the terms set forth herein. 
 NOW, THEREFORE, in consideration of the foregoing and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree to amend and
restate the Agreement as follows: 
 1. The definition of “Conversion Price” in Section 1 of Schedule II
of the Agreement shall be amended and restated in its entirety to read as follows: 
 ““Conversion Price” means the lowest
of (a) $8.8984 per share (which reflects adjustment for the Reverse Stock Split as defined in Article IV of the Borrower’s certificate of incorporation), (b) the per share offering price to the public of the IPO or (c) the lowest
per share selling price of any shares of capital stock sold by Borrower following the Effective Date, other than shares of capital stock sold in a transaction that would be exempt from the anti-dilution rights of the holders of Borrower’s
preferred stock pursuant to clauses (i) through (viii) of Article V, Section 5.8.2(a) of the Borrower’s certificate of incorporation. The Conversion Price is subject to adjustment as provided herein.” 

2. Section 2 of Schedule II of the Agreement shall be amended and restated in its entirety to read as follows: 

“2. CONVERSION. 
 2.1 Conversion Prior to Repayment. 
 (a) Automatic Conversion upon an
IPO. In the event the Maturity Date occurs due to the consummation of an IPO, the entire Maximum Conversion Amount of each Loan shall be cancelled and converted into the number of shares of Conversion Stock obtained

  
 1 

 
by dividing (i) the entire Maximum Conversion Amount of each Loan by (ii) the Conversion Price. 
 (b) Optional Conversion in Other Events. In the event the Maturity Date occurs due to an event other than the consummation of an IPO, upon the election of a Lender with respect to any Loan made by
it, which election shall be exercised by written notice from such Lender given to Borrower prior to Borrower’s repayment in full of the outstanding balance of such Loan (which election, in the event the Maturity Date is anticipated to occur due
to the consummation of a Change in Control, may at Lender’s option be made contingent upon the completion of such Change in Control), the entire Maximum Conversion Amount of such Loan, or any portion thereof as specified in such election of the
Lender, shall be cancelled and converted into that number of shares of Conversion Stock obtained by dividing (i) the entire Maximum Conversion Amount of such Loan or portion thereof specified by the Lender, by (ii) the Conversion Price.

 2.2 Timing of Conversion; Tender of Note or Addendum Thereto for Conversion. In connection with a conversion pursuant
to Section 2.1, a Lender shall deliver the original Note or the applicable addendum thereto corresponding to such Loan (or Lost Note Documentation, if applicable) to Borrower. If pursuant to Section 2.1(b) a Lender elects to convert
only a portion of the Loan represented by a Note or addendum, as the case may be, then promptly after (and in any event within 7 days after) receipt of the original Note or such addendum (or Lost Note Documentation, if applicable) Borrower shall
re-issue such Lender a new Note or addendum reflecting the portion of such Loan that was not converted and remains outstanding. If a Lender delivers written notice of an election to convert a Loan (or portion thereof) within the time period
specified in Section 2.1(b), the conversion of such Loan (or portion thereof) into Conversion Stock shall be deemed to occur upon the earlier of (i) the date of such Lender’s written notice (unless the Lender has elected to
make conversion of the Loan contingent on the consummation of a Change in Control) and (ii) immediately prior to the Maturity Date, without regard to whether Lender has then delivered to Borrower the Note(s) corresponding to the Loan so
converted (or the Lost Note Documentation where applicable) or executed any other documents. 
 2.3 Termination of
Rights. Except for the right to obtain certificates representing the Conversion Stock under Section 3 below, all rights with respect to a Loan (or portion thereof) converted pursuant this Section 2 shall terminate upon
the effective conversion of such Loan (or portion thereof) as provided in Section 2.1 above.” 
 3. On and
after the date hereof, each reference to the Agreement in the Agreement or in any other document shall mean the Agreement as amended by this Amendment. Except as modified by this Amendment, the Agreement remains in full force and effect in all
respects without any modification. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. This Amendment may be executed by
signatures delivered by e-mail or facsimile. 
 [Remainder of page intentionally left blank.] 

  
 2 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the
date first above written. 
 BORROWER: 
 ENPHASE ENERGY, INC. 
  

			
	By:	 	 /s/ Paul B. Nahi

	Name:	 	 Paul B. Nahi

	Title:	 	 President and Chief Executive Officer

  
 [Signature
Page to First Amendment 
 of Amended and Restated Subordinated Convertible Loan Facility and Security Agreement]

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

			
	LENDER:
	
	BAY PARTNERS XI, L.P.
		
	By:	 	Bay Management Company XI, LLC, General Partner
		
	By:	 	 /s/ Neal Dempsey

		 	Neal Dempsey, Manager
	
	BAY PARTNERS XI PARALLEL FUND, L.P.
		
	By:	 	Bay Management Company XI, LLC, General Partner
		
	By:	 	 /s/ Neal Dempsey

		 	Neal Dempsey, Manager

  

			
	Address:	  	490 South California Avenue, Suite 200
		  	Palo Alto, CA 94306

  
 [Signature
Page to First Amendment 
 of Amended and Restated Subordinated Convertible Loan Facility and Security Agreement]

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

			
	LENDER:
	
	MADRONE PARTNERS, L.P.
		
	By:	 	Madrone Capital Partners, LLC, its general partner
		
	By:	 	 /s/ Jameson McJunkin

	Name:	 	 Jameson McJunkin

	Title:	 	 Managing Member

 

			
	Address:	  	3000 Sand Hill Road
		  	Building 1, Suite 150
		  	Menlo Park, CA 94025

  
 [Signature
Page to First Amendment 
 of Amended and Restated Subordinated Convertible Loan Facility and Security Agreement]

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as of the
date first above written. 
 LENDER: 
 KPCB HOLDINGS, INC., AS NOMINEE 
  

			
	 By:
	 	 /s/ John Denniston

	 Name:
	 	 John Denniston

	 Title:
	 	 Senior Vice President

  

			
	Address:	  	c/o Kleiner Perkins Caufield & Byers
		  	2750 Sand Hill Road
		  	Menlo Park, CA 94025

  
 [Signature
Page to First Amendment 
 of Amended and Restated Subordinated Convertible Loan Facility and Security Agreement]

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