Document:

EX-4.1

 Exhibit 4.1 

Execution Version 
  

 
  

CIENA CORPORATION 
 THE GUARANTORS
NAMED ON THE SIGNATURE PAGES HERETO 
 and 

U.S. BANK NATIONAL ASSOCIATION, as Trustee 
  

 
 INDENTURE 

Dated as of January 18, 2022 
  

 
 4.00% Senior
Notes due 2030 
  
  

 

 TABLE OF CONTENTS 
  

							
	 	  	 	  	Page	 
		
	 ARTICLE One
  

DEFINITIONS AND INCORPORATION BY REFERENCE
	  			
			
	 SECTION 1.01.
	  	Definitions	  	 	1	 
	 SECTION 1.02.
	  	Other Definitions	  	 	20	 
	 SECTION 1.03.
	  	Rules of Construction	  	 	20	 
	 SECTION 1.04.
	  	Financial Calculations for Limited Condition Transactions and Otherwise	  	 	21	 
		
	 ARTICLE Two
  

THE NOTES
	  			
			
	 SECTION 2.01.
	  	Amount of Notes	  	 	23	 
	 SECTION 2.02.
	  	Form and Dating; Book Entry Provisions	  	 	23	 
	 SECTION 2.03.
	  	Execution and Authentication	  	 	25	 
	 SECTION 2.04.
	  	Registrar and Paying Agent	  	 	25	 
	 SECTION 2.05.
	  	Paying Agent to Hold Money in Trust	  	 	26	 
	 SECTION 2.06.
	  	Holder Lists	  	 	26	 
	 SECTION 2.07.
	  	Transfer and Exchange	  	 	26	 
	 SECTION 2.08.
	  	Replacement Notes	  	 	27	 
	 SECTION 2.09.
	  	Outstanding Notes	  	 	27	 
	 SECTION 2.10.
	  	Treasury Notes	  	 	28	 
	 SECTION 2.11.
	  	Temporary Notes	  	 	28	 
	 SECTION 2.12.
	  	Cancellation	  	 	28	 
	 SECTION 2.13.
	  	Defaulted Interest	  	 	28	 
	 SECTION 2.14.
	  	CUSIP Number	  	 	29	 
	 SECTION 2.15.
	  	Deposit of Moneys	  	 	29	 
	 SECTION 2.16.
	  	Special Transfer Provisions	  	 	29	 
	 SECTION 2.17.
	  	Definitive Notes	  	 	34	 
	 SECTION 2.18.
	  	Computation of Interest	  	 	35	 
		
	 ARTICLE Three
  

REDEMPTION
	  			
			
	 SECTION 3.01.
	  	Election to Redeem; Notices to Trustee	  	 	35	 
	 SECTION 3.02.
	  	Selection by Trustee of Notes To Be Redeemed	  	 	36	 
	 SECTION 3.03.
	  	Notice of Redemption	  	 	36	 
	 SECTION 3.04.
	  	Effect of Notice of Redemption	  	 	37	 
	 SECTION 3.05.
	  	Deposit of Redemption Price	  	 	37	 
	 SECTION 3.06.
	  	Notes Redeemed in Part	  	 	38	 
	 SECTION 3.07.
	  	Mandatory Redemption	  	 	38	 
		
	 ARTICLE Four
  

COVENANTS
	  			
			
	 SECTION 4.01.
	  	Payment of Notes	  	 	38	 
	 SECTION 4.02.
	  	Reports to Holders	  	 	38	 
	 SECTION 4.03.
	  	Waiver of Stay, Extension or Usury Laws	  	 	40	 
	 SECTION 4.04.
	  	Compliance Certificate; Notice of Default	  	 	40	 

  
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	 SECTION 4.05.
	  	Limitations on Liens	  	 	40	 
	 SECTION 4.06.
	  	Future Note Guarantees	  	 	42	 
	 SECTION 4.07.
	  	Existence	  	 	42	 
	 SECTION 4.08.
	  	Change of Control Offer	  	 	42	 
	 SECTION 4.09.
	  	Suspension Event	  	 	43	 
		
	 ARTICLE Five
  

SUCCESSOR CORPORATION
	  			
			
	 SECTION 5.01.
	  	Limitations on Mergers, Consolidations, etc.	  	 	44	 
	 SECTION 5.02.
	  	Successor Person Substituted	  	 	45	 
		
	 ARTICLE Six
  

DEFAULTS AND REMEDIES
	  			
			
	 SECTION 6.01.
	  	Events of Default	  	 	46	 
	 SECTION 6.02.
	  	Acceleration	  	 	47	 
	 SECTION 6.03.
	  	Other Remedies	  	 	47	 
	 SECTION 6.04.
	  	Waiver of Past Defaults and Events of Default	  	 	48	 
	 SECTION 6.05.
	  	Control by Majority	  	 	48	 
	 SECTION 6.06.
	  	Limitation on Suits	  	 	48	 
	 SECTION 6.07.
	  	No Personal Liability of Directors, Officers, Employees and Stockholders	  	 	49	 
	 SECTION 6.08.
	  	Rights of Holders to Receive Payment	  	 	49	 
	 SECTION 6.09.
	  	Collection Suit by Trustee	  	 	49	 
	 SECTION 6.10.
	  	Trustee May File Proofs of Claim	  	 	49	 
	 SECTION 6.11.
	  	Priorities	  	 	49	 
	 SECTION 6.12.
	  	Undertaking for Costs	  	 	50	 
		
	 ARTICLE Seven
  

TRUSTEE
	  			
			
	 SECTION 7.01.
	  	Duties of Trustee	  	 	50	 
	 SECTION 7.02.
	  	Rights of Trustee	  	 	51	 
	 SECTION 7.03.
	  	Individual Rights of Trustee	  	 	52	 
	 SECTION 7.04.
	  	Trustee’s Disclaimer	  	 	53	 
	 SECTION 7.05.
	  	Notice of Defaults	  	 	53	 
	 SECTION 7.06.
	  	[Reserved]	  	 	53	 
	 SECTION 7.07.
	  	Compensation and Indemnity	  	 	53	 
	 SECTION 7.08.
	  	Replacement of Trustee	  	 	54	 
	 SECTION 7.09.
	  	Successor Trustee by Consolidation, Merger, etc.	  	 	55	 
	 SECTION 7.10.
	  	Eligibility; Disqualification	  	 	55	 
	 SECTION 7.11.
	  	Paying Agents	  	 	55	 
		
	 ARTICLE Eight
  

AMENDMENTS, SUPPLEMENTS AND WAIVERS
	  			
			
	 SECTION 8.01.
	  	Without Consent of Holders	  	 	55	 
	 SECTION 8.02.
	  	With Consent of Holders	  	 	56	 
	 SECTION 8.03.
	  	Revocation and Effect of Consents	  	 	58	 
	 SECTION 8.04.
	  	Notation on or Exchange of Notes	  	 	58	 
	 SECTION 8.05.
	  	Trustee to Sign Amendments, etc.	  	 	58	 

  
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	 ARTICLE Nine
  

DISCHARGE OF INDENTURE; DEFEASANCE
	  			
			
	 SECTION 9.01.
	  	Discharge of Indenture	  	 	59	 
	 SECTION 9.02.
	  	Legal Defeasance	  	 	59	 
	 SECTION 9.03.
	  	Covenant Defeasance	  	 	60	 
	 SECTION 9.04.
	  	Conditions to Legal Defeasance or Covenant Defeasance	  	 	60	 
	 SECTION 9.05.
	  	Deposited Money and U.S. Government Obligations to Be Held in Trust; Other Miscellaneous Provisions	  	 	61	 
	 SECTION 9.06.
	  	Reinstatement	  	 	62	 
	 SECTION 9.07.
	  	Moneys Held by Paying Agent	  	 	62	 
	 SECTION 9.08.
	  	Moneys Held by Trustee	  	 	62	 
		
	 ARTICLE Ten
  

GUARANTEE OF NOTES
	  			
			
	 SECTION 10.01.
	  	Guarantee	  	 	63	 
	 SECTION 10.02.
	  	Execution and Delivery of Guarantee	  	 	63	 
	 SECTION 10.03.
	  	Limitation of Guarantee	  	 	64	 
	 SECTION 10.04.
	  	Release of Guarantor	  	 	64	 
	 SECTION 10.05.
	  	Waiver of Subrogation	  	 	65	 
		
	 ARTICLE Eleven
  

MISCELLANEOUS
	  			
			
	 SECTION 11.01.
	  	Trust Indenture Act	  	 	65	 
	 SECTION 11.02.
	  	Notices	  	 	65	 
	 SECTION 11.03.
	  	Communications by Holders with Other Holders	  	 	66	 
	 SECTION 11.04.
	  	Certificate and Opinion as to Conditions Precedent	  	 	67	 
	 SECTION 11.05.
	  	Statements Required in Certificate and Opinion	  	 	67	 
	 SECTION 11.06.
	  	Rules by Trustee and Agents	  	 	67	 
	 SECTION 11.07.
	  	Business Days	  	 	68	 
	 SECTION 11.08.
	  	Governing Law	  	 	68	 
	 SECTION 11.09.
	  	Waiver of Jury Trial	  	 	68	 
	 SECTION 11.10.
	  	Force Majeure	  	 	68	 
	 SECTION 11.11.
	  	No Adverse Interpretation of Other Agreements	  	 	68	 
	 SECTION 11.12.
	  	No Recourse Against Others	  	 	68	 
	 SECTION 11.13.
	  	Successors	  	 	69	 
	 SECTION 11.14.
	  	Multiple Counterparts	  	 	69	 
	 SECTION 11.15.
	  	Table of Contents, Headings, etc.	  	 	69	 
	 SECTION 11.16.
	  	Separability	  	 	70	 
	 SECTION 11.17.
	  	USA Patriot Act	  	 	70	 

  

							
	EXHIBITS	  			
			
	Exhibit A	  	 Form of Note
	  	 	A-1	 
	Exhibit B	  	 Form of Certificate to Be Delivered in Connection with Transfers Pursuant to Regulation S
	  	 	B-1	 
	Exhibit C	  	 Form of Supplemental Indenture to Be Delivered by Future Guarantors
	  	 	C-1	 

  
 -iii- 

 INDENTURE, dated as of January 18, 2022, among CIENA CORPORATION, a Delaware
corporation, as issuer (the “Issuer”), the Guarantors party hereto and U.S. BANK NATIONAL ASSOCIATION, as trustee (the “Trustee”). 

ARTICLE ONE 
 DEFINITIONS AND
INCORPORATION BY REFERENCE 
 SECTION 1.01. Definitions. 

“ABL Credit Agreement” means the ABL Credit Agreement, dated October 28, 2019, by and among the Issuer, the other
borrowers and guarantors party thereto from time to time, the lenders party thereto from time to time, and Bank of America, N.A., as administrative agent, including any notes, guarantees, collateral and security documents, instruments and agreements
executed in connection therewith, and in each case as otherwise amended, amended and restated, supplemented, modified, extended, restructured, renewed, refinanced, restated, replaced or refunded in whole or in part from time to time. 

“Acquired Indebtedness” means (1) with respect to any Person that becomes a Subsidiary after the Issue Date,
Indebtedness of such Person and its Subsidiaries existing at the time such Person becomes a Subsidiary that was not incurred in connection with, or in contemplation of, such Person becoming a Subsidiary and (2) with respect to the Issuer or any
Subsidiary, any Indebtedness of a Person (other than the Issuer or a Subsidiary) existing at the time such Person is merged with or into the Issuer or a Subsidiary, or Indebtedness expressly assumed by the Issuer or any Subsidiary in connection with
the acquisition of an asset or assets from another Person, which Indebtedness was not, in any case, incurred by such other Person in connection with, or in contemplation of, such merger or acquisition. 

“Additional Notes” means an unlimited principal amount of Notes having identical terms and conditions to the Notes issued
pursuant to Article Two, except for issue date, issue price and first interest payment date. 
 “Adjusted Treasury Rate”
means, as of the date of the relevant redemption notice, the weekly average rounded to the nearest 1/100th of a percentage point (for the most recently completed week for which such information is available as of the date that is two Business Days
prior to the date of such redemption notice) of the yield to maturity of United States Treasury securities with a constant maturity (as compiled and published in Federal Reserve Statistical Release H.15 with respect to each applicable day during
such week or, if such Statistical Release is no longer published or available, any publicly available source of similar market data) most nearly equal to the period from the date of such redemption notice to January 31, 2025; provided,
however, that if the period from the date of such redemption notice to January 31, 2025 is not equal to the constant maturity of a United States Treasury security for which such a yield is given, the Adjusted Treasury Rate shall be obtained
by linear interpolation (calculated to the nearest one twelfth of a year) from the weekly average yields of United States Treasury securities for which such yields are given, except that if the period from the Redemption Date to January 31,
2025 is less than one year, the weekly average yield on actually traded United States Treasury Securities adjusted to a constant maturity of one year shall be used. Any such Adjusted Treasury Rate shall be determined, and the information required to
be obtained for its calculation shall be obtained, by the Issuer. 
 “Affiliate” of any Person means any other Person that
directly or indirectly Controls or is Controlled by, or is under direct or indirect common Control with, the referent Person. 

  
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 “Agent” means any Registrar, Paying Agent or agent for service of notices
and demands. 
 “amend” means to amend, supplement, restate, amend and restate or otherwise modify, including successively,
and “amendment” shall have a correlative meaning. 
 “Amended Term Loan Credit Agreement” means the Credit
Agreement, dated as of July 15, 2014, as amended by the Refinancing Agreement, dated as of January 23, 2020, by and among the Issuer, as borrower, the guarantors party thereto from time to time, the lenders party thereto from time to time,
and Bank of America, N.A., as administrative agent, as amended and restated, including any notes, guarantees, collateral and security documents, instruments and agreements executed in connection therewith, and in each case as otherwise amended,
amended and restated, supplemented, modified, extended, restructured, renewed, refinanced, restated, replaced or refunded in whole or in part from time to time. 

“Applicable Premium” means, with respect to any Note on any Redemption Date, the greater of: 

(1) 1.0% of the principal amount of such Note; and 

(2) the excess, if any, of (a) the present value at such Redemption Date of (i) the redemption price
of such Note at January 31, 2025 (such redemption price being set forth in paragraph 6 of the applicable Note), plus (ii) all required interest payments due on such Note through January 31, 2025 (excluding accrued but unpaid interest
to the Redemption Date), computed using a discount rate equal to the Adjusted Treasury Rate as of such Redemption Date plus 50 basis points; over (b) the principal amount of such Note. 

Calculation of the Applicable Premium will be made by the Issuer or on behalf of the Issuer by such Person as the Issuer shall designate;
provided that such calculation or the correctness thereof shall not be a duty or obligation of the Trustee. 

“asset” means any asset or property. 

“Attributable Receivables Indebtedness” means with respect to any Person on any date, in respect of any Receivables Facility,
the amount of obligations outstanding on any date of determination that would be characterized as principal if such Receivables Facility had been structured as a secured loan rather than a sale; provided that, for the avoidance of doubt, no
obligations outstanding under any Receivables Facility that is not recorded as debt in accordance with GAAP shall be deemed to be Attributable Receivables Indebtedness; provided further, that Attributable Receivables Indebtedness shall not
include any amount of Indebtedness owing by any Securitization Subsidiary to the Issuer or any Subsidiary to the extent that such intercompany Indebtedness has been incurred to finance, in part, the transfers of Securitization Assets to such
Securitization Subsidiary. 
 “Bankruptcy Law” means Title 11 of the United States Code, as amended, or any similar federal
or state law for the relief of debtors. 
 “Below Investment Grade Rating Event” means the occurrence of both of the
following: (i) at any time during the period beginning on the date of the first public notice of an arrangement that would result in a Change of Control and ending at the end of the 60-day period
following public notice of the occurrence of the Change of Control, the rating on the Notes by each Rating Agency is reduced below the applicable rating on the Notes by each such Rating Agency in effect immediately preceding the first public notice
of the arrangement that would result in the Change of Control and (ii) the Notes are rated below an Investment Grade Rating by each of the Rating Agencies at any time during the period beginning on the date of the

  
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first public notice of an arrangement that would result in a Change of Control and ending at the end of the 60-day period following public notice of the
occurrence of the Change of Control (which 60-day period shall be extended so long as the rating of the Notes is under publicly announced consideration for possible downgrade by any of the Rating Agencies);
provided that a Below Investment Grade Rating Event otherwise arising by virtue of a particular reduction in rating shall not be deemed to have occurred in respect of a particular Change of Control (and thus shall not be deemed a Below
Investment Grade Rating Event for purposes of the definition of “Change of Control Triggering Event” hereunder) if the Rating Agencies making the reduction in rating to which this definition would otherwise apply do not announce or
publicly confirm or inform the Trustee or the Holders of Notes in writing at their request that the reduction was the result, in whole or in part, of any event or circumstance comprising or arising as a result of, or in respect of, the applicable
Change of Control (whether or not the applicable Change of Control shall have occurred at the time of the Below Investment Grade Rating Event). 

“Board of Directors” means, with respect to any Person, (i) in the case of any corporation, the board of directors of
such Person, or the functional equivalent of the foregoing, (ii) in the case of any limited liability company, the board of managers of such Person, (iii) in the case of any partnership, the Board of Directors of the general partner of
such Person and (iv) in any other case, the functional equivalent of the foregoing or, in each case, any duly authorized committee of such body. 

“Board Resolution” means a copy of a resolution certified pursuant to an Officer’s Certificate to have been duly adopted
by the Board of Directors of the Issuer and to be in full force and effect, and delivered to the Trustee. 
 “Business Day”
means a day other than a Saturday, Sunday or other day on which banking institutions in New York or the city in which the Trustee’s Corporate Trust Office is located are authorized or required by law to close. 

“Calculation Period” means, with respect to any Material Acquisition or any other event expressly required to be calculated
on a Pro Forma Basis pursuant to the terms of this Indenture, the Test Period most recently ended prior to the date of such Material Acquisition or other event for which financial statements have been delivered pursuant to Section 4.02(a). 

“Capitalized Leases” means, with respect to any Person, all rental obligations of such Person which, under GAAP, are or will
be required to be capitalized on the books of such Person, in each case taken at the amount thereof accounted for as indebtedness in accordance with such principles; provided however, that any lease that would have been accounted by
such Person as an operating lease in accordance with GAAP as of October 31, 2019 shall be accounted for as an operating lease and not a Capitalized Lease for all purposes under this Indenture. 

“Cash Equivalents” means, as to any Person, (i) securities issued or directly and fully guaranteed or insured by the
United States or any agency or instrumentality thereof (provided that the full faith and credit of the United States is pledged in support thereof) having maturities of not more than 24 months from the date of acquisition,
(ii) marketable direct obligations issued by any state of the United States or any political subdivision of any such state or any public instrumentality thereof maturing within 12 months from the date of acquisition thereof and, at the time of
acquisition, having one of the two highest ratings obtainable from either S&P or Moody’s, (iii) U.S. Dollar-denominated time deposits, certificates of deposit and bankers acceptances of any lender or any commercial bank having, or
which is the principal banking subsidiary of a bank holding company having, a long-term unsecured debt rating of at least “A” or the equivalent thereof from S&P or “A2” or the equivalent thereof from Moody’s with
maturities of not more than 12 months from the date of acquisition by such Person, (iv) repurchase obligations with a term of not more than 30 

  
 3 

 
days for underlying securities of the types described in clause (i) above entered into with any bank meeting the qualifications specified in clause (iii) above, (v) commercial paper
issued by any Person incorporated in the United States rated at least A-1 or the equivalent thereof by S&P or at least P 1 or the equivalent thereof by Moody’s and in each case maturing not more than
12 months after the date of acquisition by such Person, (vi) investments in money market funds regulated under Rule 2a-7 of the Investment Company Act of 1940 or in
non-regulated money market funds that substantially follow the guidelines of Rule 2a-7 and are rated AAA by Moody’s or S&P, (vii) securities of the types
described in clause (ii) above having maturities of not more than 24 months from the date of acquisition thereof so long as such securities are fully guaranteed for both principal and interest by an irrevocable letter of credit issued by a
commercial bank with a minimum credit rating of Aa3 from Moody’s or AA- from Standard & Poor’s and (viii) in the case of any Foreign Subsidiary of the Issuer, substantially similar
investments of the type described in clauses (i) though (vii) above denominated in foreign currencies and from similarly capitalized and rated foreign banks or other Persons in the jurisdiction in which such Foreign Subsidiary is organized.

 “Change of Control” means the occurrence of any of the following events: 

(1) the Issuer becomes aware (by way of a report or any other filing pursuant to Section 13(d) of the
Exchange Act, proxy, vote, written notice or otherwise) that any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the Exchange Act, but excluding any employee benefit plan of such person or its
Subsidiaries, and any Person acting in its capacity as trustee, agent or other fiduciary or administrator of any such plan) becomes the “beneficial owner” (as defined in Rules 13d-5 and 13d-5 under the Exchange Act), directly or
indirectly, of 50% or more of the Voting Stock of the Issuer on a fully-diluted basis; or 
 (2) the sale,
lease or transfer, in one or a series of related transactions, of all or substantially all of the assets of the Issuer and its Subsidiaries, taken as a whole, to, or the merger or consolidation of the Issuer with, a Person other than a Subsidiary of
the Issuer, other than a merger or consolidation where (A) the Voting Stock of the Issuer outstanding immediately prior to such transaction is converted into or exchanged for Voting Stock of the surviving or transferee Person constituting a
majority of the outstanding Voting Stock of such surviving or transferee Person (immediately after giving effect to such issuance) and (B) immediately after such transaction, no “person” or “group” (as such terms are used in
Sections 13(d) and 14(d) of the Exchange Act, but excluding any employee benefit plan of such person or its subsidiaries, and any person or entity acting in its capacity as trustee, agent or other fiduciary or administrator of any such plan) becomes
the beneficial owner (as defined in Rules 13d-3 and 13d-5 under the Exchange Act), directly or indirectly, of 50% or more of the Voting Stock of the surviving or
transferee Person of the surviving or transferee Person on a fully diluted basis; or 
 (3) the Issuer shall
adopt a Plan of Liquidation or a Plan of Liquidation shall be approved by the equityholders of the Issuer. 
 Notwithstanding the foregoing,
a transaction in which the Issuer becomes a Subsidiary of another Person shall not constitute a Change of Control if the shareholders of the Issuer immediately prior to such transaction beneficially own, directly or indirectly through one or more
intermediaries, the same proportion of voting power of the outstanding classes or series of the Issuer’s Voting Stock as such shareholders beneficially own immediately following the consummation of such transaction. 

For purposes of this definition, a Person shall not be deemed to have beneficial ownership of securities (i) subject to a stock purchase
agreement, merger agreement or similar agreement until the consummation of 

  
 4 

 
the transactions contemplated by such agreement or (ii) as a result of veto or approval rights in any joint venture agreement, shareholder agreement or other similar agreement. 

“Change of Control Triggering Event” means the occurrence of both a Change of Control and a Below Investment Grade Rating
Event occurring in respect of that Change of Control. 
 “Consolidated EBITDA” means, for any period, an amount determined
for the Issuer and its Subsidiaries on a consolidated basis equal to Consolidated Net Income for such period (without giving effect to (w) any extraordinary gains or losses, (x) any non-cash income,
(y) any gains or losses from sales of assets other than inventory sold in the ordinary course of business, or (z) any foreign currency gains or losses) adjusted by adding thereto (in each case to the extent deducted in determining
Consolidated Net Income for such period), without duplication, the amount of: 
 (i) total interest expense
(inclusive of amortization of deferred financing fees and other original issue discount and banking fees, charges and commissions (e.g., letter of credit issuance and facing fees, commitment fees and other banking transactional costs)) of the Issuer
and its Subsidiaries determined on a consolidated basis for such period, 
 (ii) provision for taxes based on
income and foreign withholding taxes for the Issuer and its Subsidiaries (including state, franchise, capital and similar taxes paid or accrued) determined on a consolidated basis for such period, 

(iii) all depreciation and amortization expense of the Issuer and its Subsidiaries determined on a consolidated
basis for such period, 
 (iv) all unusual or non-recurring cash
charges, including restructuring charges and related charges (which, for the avoidance of doubt, shall include retention, severance, system establishment costs, excess pension charges, contract and lease termination costs and costs to consolidate
facilities and relocate employees) (with the aggregate amount added back pursuant to this clause (iv) in any applicable period not to exceed 20% of Consolidated EBITDA in any Test Period (calculated on a Pro Forma Basis, but prior to giving
effect to any add-backs pursuant to this clause (iv)), 
 (v) any
expenses and fees incurred in connection with any actual or proposed investment, incurrence or repayment of Indebtedness, including in connection with the Notes, issuance of Equity Interests, acquisition, disposition or amendment or modification of
any debt instrument, in each case, whether or not consummated, including any financial advisory fees, accounting fees, legal fees and other similar advisory and consulting fees, 

(vi) the amount of any charge that is reimbursable by third parties pursuant to indemnification provisions or
similar agreements or insurance; provided that in respect of any charge added back pursuant to this clause (vi), the Issuer in good faith expects to receive reimbursement for such charge within the next four (4) fiscal quarters (it being
understood that to the extent not actually received within such four (4) fiscal quarters, such reimbursement amounts shall be deducted in calculating Consolidated EBITDA for such fiscal quarters) and such indemnification payments are not
otherwise included in Consolidated Net Income, in each case, for such period or any other period when received or expected to be received, 

(vii) proceeds received by the Issuer or any of its Subsidiaries from any business interruption insurance in an
amount representing the earnings for the applicable period that such 

  
 5 

 
proceeds are intended to replace (whether or not then received so long as the Issuer in good faith expects to receive such proceeds within the next four (4) fiscal quarters (it being
understood that to the extent such proceeds are not actually received within such four (4) fiscal quarters, such proceeds shall be deducted in calculating Consolidated EBITDA for such fiscal quarters) to the extent such proceeds are not
otherwise included in such Consolidated Net Income for such period or any other period when received or expected to be received, 

(viii) all other non-cash charges of the Issuer and its Subsidiaries
determined on a consolidated basis for such period that are not expected to represent a cash item in such period or any future period and 

(ix) pro forma adjustments, including “run rate” cost savings, operating expense reductions,
operational improvements and synergies (net of the amount of actual amounts realized) factually supportable and reasonably identifiable (in the reasonable determination of the Issuer) related to acquisitions, investments, dispositions, operating
improvements, restructurings, mergers and other business combinations, cost saving initiatives and other similar initiatives (including the renegotiation of contracts and other arrangements) that are permitted under this Indenture (calculated on a
Pro Forma Basis as though such cost savings, operating expense reductions, operational improvements and synergies had been realized on the first day of such period), in each case, reasonably projected by the Issuer to result from actions that have
been taken or with respect to which substantial steps have been taken or are expected to be taken (in the reasonable determination of the Issuer), in each case, within 18 months following the date of the consummation of the applicable transaction
(for the avoidance of doubt including in connection with any of the foregoing, or actions taken, prior to the Issue Date), as the case may be (with the aggregate amount added back pursuant to this clause (ix) in any Test Period not to exceed
20% of Consolidated EBITDA for such Test Period (calculated on a Pro Forma Basis but prior to giving effect to any add-backs pursuant to this clause (ix)). 

For the avoidance of doubt, it is understood and agreed that, to the extent any amounts are excluded from Consolidated Net Income by virtue of
the proviso to the definition thereof, any add backs to Consolidated Net Income in determining Consolidated EBITDA as provided above shall be limited (or denied) in a fashion consistent with the proviso to the definition of “Consolidated Net
Income”. 
 “Consolidated Net Income” means, for any period, the net income (or loss) of the Issuer and its
Subsidiaries determined on a consolidated basis for such period (taken as a single accounting period) in accordance with GAAP (after any deduction for minority interests); provided that the following items shall be excluded in computing
Consolidated Net Income (without duplication): (i) the net income (or loss) of any Person (other than a Subsidiary of the Issuer) in which the Issuer or any of its Subsidiaries has an Equity Interest or Equity Interests, except to the extent that
any such income is actually received by the Issuer or such Subsidiary in the form of dividends or similar distributions, (ii) all net after-tax gains, losses, income, expenses or charges from disposed,
closed or discontinued operations, (iii) any income (or loss) for such period attributable to the early extinguishment of Indebtedness and (iv) except for determinations expressly required to be made on a Pro Forma Basis, the net income
(or loss) of any Person accrued prior to the date it becomes a Subsidiary or all or substantially all of the property or assets of such Person are acquired by a Subsidiary. 

“Consolidated Net Senior Secured Indebtedness” means, at any time, (A) the sum of (without duplication) (i) all
Indebtedness of the Issuer and its Subsidiaries (on a consolidated basis) (other than of the type described in clause (vii) of the definition of Indebtedness and other Indebtedness evidenced by the Ottawa Capitalized Lease) that is secured by a
Lien on any asset of the Issuer or any of its Subsidiaries as would be required to be reflected as debt or Capitalized Leases at such time on the liability side of a consolidated 

  
 6 

 
balance sheet of the Issuer and its Subsidiaries in accordance with GAAP, (ii) all Indebtedness of the Issuer and its Subsidiaries that is secured by a Lien on any asset of the Issuer or any
of its Subsidiaries at such time of the type described in clauses (ii) and (viii) of the definition of Indebtedness and (iii) all Contingent Obligations of the Issuer and its Subsidiaries in respect of Indebtedness of any third Person of
the type referred to in preceding clauses (i) and (ii) minus (B) the aggregate amount of Unrestricted cash and Cash Equivalents of the Issuer and its Subsidiaries not to exceed $250,000,000 in the aggregate; provided that
(x) the aggregate amount available to be drawn (i.e., unfunded amounts) under all letters of credit, bankers’ acceptances, bank guaranties, surety bonds and similar obligations issued for the account of the Issuer or any of its
Subsidiaries (but excluding, for avoidance of doubt, all unpaid drawings or other matured monetary obligations owing in respect of such letters of credit, bankers’ acceptances, bank guaranties, surety bonds and similar obligations) shall not be
included in any determination of Consolidated Net Senior Secured Indebtedness and (y) the proceeds of Indebtedness being incurred at the time any ratio including Consolidated Net Senior Secured Indebtedness is being incurred shall not be
included in any determination pursuant to clause (B) above for purposes of calculating such ratio to determine whether such Indebtedness is permitted to be incurred. 

“Contingent Obligation” means, as to any Person, any obligation of such Person as a result of such Person being a
general partner of any other Person, unless the underlying obligation is expressly made non-recourse as to such general partner, and any obligation of such Person guaranteeing or intended to guarantee any
Indebtedness, leases, dividends or other obligations (solely for the purpose of this definition, “primary obligations”) of any other Person (solely for the purpose of this definition, the “primary obligor”) in any
manner, whether directly or indirectly, including, without limitation, any obligation of such Person, whether or not contingent, (i) to purchase any such primary obligation or any property constituting direct or indirect security therefor,
(ii) to advance or supply funds (x) for the purchase or payment of any such primary obligation or (y) to maintain working capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency of the
primary obligor for the purpose of assuring the owner of any such primary obligation of the ability of the primary obligor to make payment of such primary obligation, (iii) to purchase property, securities or services primarily for the purpose
of assuring the owner of any such primary obligation of the ability of the primary obligor to make payment of such primary obligation or (iv) otherwise to assure or hold harmless the holder of such primary obligation against loss in respect
thereof; provided, however, that the term Contingent Obligation shall not include endorsements of instruments for deposit or collection in the ordinary course of business. The amount of any Contingent Obligation shall be deemed to be
an amount equal to the lesser of (x) the stated or determinable amount of the primary obligation in respect of which such Contingent 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 and (y) the maximum amount for which the guaranteeing person may be liable pursuant to the terms of the instrument embodying such
primary obligation. 
 “Control” means the possession, directly or indirectly, of the power to direct or cause the
direction of the management or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlled” has the meaning correlative thereto. 

“Corporate Trust Office” means the corporate trust office of the Trustee located at 2 Concourse Parkway, Suite 800, Atlanta,
GA 30328-5588, or such other office, designated by the Trustee by written notice to the Issuer, at which any particular time its corporate trust business shall be administered. 

“Credit Agreements” means, collectively the Amended Term Loan Credit Agreement and the ABL Credit Agreement. 

  
 7 

 “Credit Facility” means one or more debt facilities (including, without
limitation, the Credit Agreements) providing for revolving credit loans, term loans, receivables financing (including through the sale of receivables to lenders or to special purpose entities formed to borrow from lenders against such receivables)
(other than any Receivables Facility) or letters of credit. 
 “Custodian” means any receiver, trustee, assignee,
liquidator or similar official under any Bankruptcy Law. 
 “Default” means (1) any Event of Default or (2) any
event, act or condition that, after notice or the passage of time or both, would be an Event of Default. 
 “Definitive
Note” means a certificated Note bearing, if required, the appropriate Restricted Notes Legend set forth in Section 2.16(d)(i). 

“Depository” means The Depository Trust Company, its nominees and their respective successors. 

“Domestic Subsidiary” means any Subsidiary of the Issuer that is not a Foreign Subsidiary. 

“Equity Interests” of any Person means (1) any and all shares or other equity interests (including common stock,
preferred stock, limited liability company interests and partnership interests) in such Person and (2) all rights to purchase, warrants or options (whether or not currently exercisable), participations or other equivalents of or interests in
(however designated) such shares or other interests in such Person, but excluding any debt securities convertible into such shares or other interests. 

“Equity Offering” means a primary public or private offering of Equity Interests of the Issuer, other than (i) a public
offering registered on Form S-4 or Form S-8 or (ii) an issuance to any Subsidiary of the Issuer. 

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

“Fair Market Value” means, with respect to any asset, as determined by the Issuer, the price (after taking into account any
liabilities relating to such assets) that would be negotiated in an arm’s-length transaction for cash between a willing seller and a willing and able buyer, neither of which is under any compulsion to
complete the transaction. 
 “Foreign Subsidiary” means any Subsidiary of the Issuer that is not organized under the laws
of the United States or any jurisdiction within the United States and any direct or indirect subsidiary thereof. 
 “GAAP”
means generally accepted accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting
Standards Board or in such other statements by such other entity as may be approved by a significant segment of the accounting profession of the United States, consistently applied, which are in effect from time to time. 

“Governmental Authority” means the government of the United States of America, any other nation or any political subdivision
thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining
to government. 
 “guarantee” means a direct or indirect guarantee by any Person of any Indebtedness of any other Person
and includes any obligation, direct or indirect, contingent or otherwise, of such Person (1) to purchase or pay (or advance or supply funds for the purchase or payment of) Indebtedness of such other Person (whether

  
 8 

 
arising by virtue of partnership arrangements, or by agreements to keep well, to purchase assets, goods, securities or services (unless such purchase arrangements are on arm’s-length terms and are entered into in the ordinary course of business), to take-or-pay, or to maintain financial statement
conditions or otherwise); or (2) entered into for purposes of assuring in any other manner the obligee of such Indebtedness of the payment thereof or to protect such obligee against loss in respect thereof (in whole or in part);
“guarantee,” when used as a verb, and “guaranteed” have correlative meanings. 

“Guarantors” means each Person that is required to, or at the election of the Issuer does, become a Guarantor by the terms of
this Indenture on or after the Issue Date, in each case, until such Person is released from its Note Guarantee in accordance with the terms of this Indenture. 

“Hedging Obligations” of any Person means the obligations of such Person under Swap Contracts. 

“Holder” means any registered holder, from time to time, of the Notes. 

“incur” means, with respect to any Indebtedness or Obligation, incur, create, issue, assume, guarantee or otherwise become
directly or indirectly liable, contingently or otherwise, with respect to such Indebtedness or Obligation; provided that (1) the Indebtedness of a Person existing at the time such Person became a Subsidiary shall be deemed to have been
incurred by such Subsidiary and (2) neither the accrual of interest nor the accretion of original issue discount or the accretion or accumulation of dividends on any Equity Interests shall be deemed to be an incurrence of Indebtedness. 

“Indebtedness” means, as to any Person, without duplication, (i) all indebtedness of such Person for borrowed money or
for the deferred purchase price of property or services, (ii) the maximum amount available to be drawn or paid under all letters of credit, bankers’ acceptances, bank guaranties, surety and appeal bonds and similar obligations issued for
the account of such Person and all unpaid drawings and unreimbursed payments in respect of such letters of credit, bankers’ acceptances, bank guaranties, surety and appeal bonds and similar obligations, (iii) all indebtedness of the types
described in clause (i), (ii), (iv), (v), (vi), (vii) or (viii) of this definition secured by any Lien on any property owned by such Person, whether or not such indebtedness has been assumed by such Person (provided that, if the Person
has not assumed or otherwise become liable in respect of such indebtedness, such indebtedness shall be deemed to be in an amount equal to the lesser of (x) the Fair Market Value of the property to which such Lien relates and (y) the amount
of the indebtedness secured), (iv) all Capitalized Leases of such Person, (v) all non-ordinary course obligations of such Person to pay a specified purchase price for goods or services, whether or not
delivered or accepted, i.e., take-or-pay and similar obligations incurred outside the ordinary course of business, (vi) all Contingent Obligations of such Person in
respect of Indebtedness set forth in another clause of this definition, (vii) all obligations under any Swap Contract or under any similar type of agreement (and with the amount of any such obligations to be equal at any time to the termination
value of such agreement or arrangement giving rise to such obligations that would be payable by such Person at such time) and (viii) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such
Person and Attributable Receivables Indebtedness in respect of Receivables Facilities. The Indebtedness of any Person shall include the Indebtedness of any other entity (including any partnership in which such Person is a general partner) to the
extent such Person is directly liable therefor pursuant to applicable law, contract or organizational documents as a result of such Person’s ownership interest in or other relationship with such entity, except to the extent the terms of such
Indebtedness provide that such Person is not liable therefor. Notwithstanding the foregoing, Indebtedness shall not include (i) trade payables, accrued expenses and deferred tax and other credits (including, for the avoidance of doubt, in
respect of travel card, purchasing card or other corporate card purchasing programs) incurred by any Person in accordance with customary practices and in the ordinary course of business of such Person, (ii) any
earn-out obligations until such obligation becomes a non-contingent liability on the balance sheet of 

  
 9 

 
such Person in accordance with GAAP or (iii) obligations incurred among the Issuer or the Guarantors and their respective Subsidiaries in the ordinary course of business and consistent with
past practice for the purchase of goods and services. 
 “Indenture” means this Indenture as amended, restated or
supplemented from time to time. 
 “Initial Notes” means the 4.00% Senior Notes due 2030 issued on the Issue Date. 

“Initial Purchasers” means (1) with respect to the Initial Notes issued on the Issue Date, BofA Securities, Inc.,
Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and MUFG Securities Americas Inc., and (2) with respect to each
issuance of Additional Notes, the Persons purchasing such Additional Notes under the related purchase agreement. 
 “Institutional
Accredited Investor” or “IAI” means an institution that is an “accredited investor” as that term is defined in Rule 501(a)(1), (2), (3) or (7) promulgated under the Securities Act, who is not also a QIB. 

“interest” means, with respect to the Notes, interest on the Notes. 

“Interest Payment Dates” means each January 31 and July 31, commencing on July 31, 2022. 

“Investment Grade Rating” means a rating equal to or higher than Baa3 (or the equivalent) if by Moody’s and BBB- (or the equivalent) if by S&P. 
 “Issue Date” means January 18, 2022. 

“Issuer” means the party named as such in the first paragraph of this Indenture until a Successor, as defined in
Section 5.01 of this Indenture, replaces such party pursuant to Article Five and thereafter means the Successor. 

“Lien” means, with respect to any asset, any mortgage, deed of trust, lien (statutory or other), pledge, easement, charge,
security interest or other encumbrance of any kind or nature in respect of such asset, whether or not filed, recorded or otherwise perfected under applicable law, including the interest of a vendor or a lessor under any conditional sale agreement,
capital lease or title retention agreement (or any financing lease having substantially the same economic effect as any of the foregoing) relating to such asset. 

“Limited Condition Transaction” means (x) any acquisition or investment, including by way of merger, amalgamation,
consolidation or other business combination or the acquisition of Equity Interests or otherwise, by one or more of the Issuer and its Subsidiaries of or in any assets, business or Person, in each case, whose consummation is not conditioned on the
availability of, or on obtaining, third party financing or (y) any redemption, purchase, repurchase, defeasance, satisfaction and discharge or repayment of Indebtedness by one or more of the Issuer and its Subsidiaries requiring irrevocable
notice in advance of such redemption, purchase, repurchase, defeasance, satisfaction and discharge or prepayment. 
 “Material
Acquisition” means any acquisition of property or series of related acquisitions of property that (a) constitutes assets comprising all or substantially all of an operating unit of a business or constitutes all or substantially all of
the common stock of a Person and (b) involves the payment of consideration by any of the Issuer and its Subsidiaries equal to or greater than $100,000,000; provided that at the option of the Issuer, any such acquisition that involves the
payment of consideration by any of the Issuer and its 

  
 10 

 
Subsidiaries that is less than $100,000,000 may be treated as a Material Acquisition for all purposes of this Indenture. 

“Moody’s” means Moody’s Investors Service, Inc. and any successor to its rating agency business. 

“Notes” means the Initial Notes and any Additional Notes. 

“Notes Custodian” means the custodian with respect to a Global Note (as appointed by the Depository), or any successor Person
thereto and shall initially be the Trustee. 
 “Obligation” means any principal, interest, penalties, fees,
indemnification, reimbursements, costs, expenses, damages and other liabilities payable under the documentation governing any Indebtedness. 

“Offering Memorandum” means the offering memorandum, dated January 11, 2022, relating to the offering of the Initial
Notes. 
 “Officer” means any of the following of the Issuer: the Chairman of the Board of Directors, the Chief Executive
Officer, the Chief Financial Officer, the President, any Vice President, the Treasurer or the Secretary. 
 “Officer’s
Certificate” means a certificate signed by an Officer. 
 “Opinion of Counsel” means a written opinion reasonably
satisfactory in form and substance to the Trustee from legal counsel, which counsel is reasonably acceptable to the Trustee, opining on the matters required by Section 11.05 and delivered to the Trustee. Such legal counsel may be an employee of
or counsel to the Issuer. 
 “Other Financial Investments” means (x) securities and other investments that, but for
the maturity restrictions described in the definition of “Cash Equivalents”, would otherwise constitute Cash Equivalents and (y) corporate obligations issued by any Person (other than the Issuer or any Affiliate thereof) incorporated
in the United States rated at least BBB- or the equivalent thereof by S&P or at least Baa3 or the equivalent thereof by Moody’s. 

“Ottawa Capitalized Lease” means collectively, (i) that certain lease agreement, dated as of April 15, 2015, and
(ii) that certain lease agreement, dated as of October 23, 2014, as amended on April 15, 2015, each between Innovation Blvd II Limited (and its permitted successors and assigns) and Ciena Canada, Inc. (and its permitted successors and
assigns), as amended, supplemented or otherwise modified from time to time, in connection with the multi-building complex located at Innovation Drive, Ottawa, Ontario (as more fully described therein). 

“Permitted Liens” means the following types of Liens: 

(1) Liens existing on the Issue Date, other than Liens securing obligations under the Credit Agreements; 

(2) inchoate Liens for taxes, assessments or governmental charges or levies not yet delinquent or Liens for
taxes, assessments or governmental charges or levies being contested in good faith and by appropriate proceedings diligently conducted (which proceedings have the effect of preventing the forfeiture or sale of the property or assets subject to any
such Lien), if adequate 

  
 11 

 
reserves with respect thereto are maintained on the books of the applicable Person in accordance with GAAP; 

(3) forwarders’, bailee’s, carriers’, warehousemen’s, mechanics’, materialmen’s,
repairmen’s or other like Liens arising in the ordinary course of business and (i) which do not in the aggregate materially detract from the value of the Issuer’s or such Subsidiary’s property or assets or materially impair the
use thereof in the operation of the business of the Issuer or such Subsidiary or (ii) which are being contested in good faith and by appropriate proceedings diligently conducted (which proceedings have the effect of preventing the forfeiture or
sale of the property or assets subject to any such Lien), if adequate reserves with respect thereto are maintained on the books of the applicable Person in accordance with GAAP; 

(4) Liens incurred in the ordinary course of business in connection with workers’ compensation,
unemployment insurance and other social security legislation, other than any Lien imposed by Employee Retirement Income Security Act of 1974, as amended, and the rules and regulations promulgated thereunder; 

(5) Liens incurred on deposits to secure the performance of bids, tenders, contracts and leases (other than
Indebtedness), statutory obligations, surety and appeal bonds, performance bonds and other obligations of a like nature incurred in the ordinary course of business; 

(6) easements, rights-of-way,
restrictions, encroachments and other similar encumbrances affecting real property which do not in any case materially interfere with the ordinary conduct of the business of the applicable Person; 

(7) Liens securing judgments for the payment of money not constituting an Event of Default; 

(8) Liens upon assets of the Issuer or any of its Subsidiaries subject to the Ottawa Capitalized Lease, and any
renewals, replacements, refinancings or extensions thereof for the same or a lesser amount (plus the sum of (a) accrued and unpaid interest and fees thereon and (b) customary fees and expenses relating to such renewal, replacement,
refinancing or extension); provided that (i) such Liens only serve to secure the payment of Indebtedness arising under such Ottawa Capitalized Lease or renewal, replacement, refinancing or extension thereof and (ii) the Liens
encumbering the assets giving rise to the Ottawa Capitalized Lease or renewal, replacement, refinancing or extension thereof do not encumber any other asset of the Issuer or any of its Subsidiaries; 

(9) Liens arising from precautionary UCC financing statement filings (or other foreign equivalent filings)
regarding operating leases entered into in the ordinary course of business; 
 (10) statutory and common law
landlords’ liens under leases to which the Issuer or any of its Subsidiaries is a party; 
 (11) Liens
securing Acquired Indebtedness; provided that the Liens do not extend to assets not subject to such Lien at the time of acquisition (other than (a) the property encumbered at the time a Person becomes a Subsidiary, (b) after
acquired property that is required to be pledged pursuant to the agreement granting such Lien as in effect on the date such Person becomes a Subsidiary and (c) proceeds and products thereof) and are no more favorable to the lienholders than

  
 12 

 
those securing such Acquired Indebtedness prior to the incurrence of such Acquired Indebtedness by the Issuer or a Subsidiary; 

(12) Liens on accounts receivable or lease receivables, interests therein and/or related assets or rights sold
in the ordinary course of business arising in connection with such sale; provided that any such Liens extend solely to the accounts receivable or lease receivables, interests therein and/or related assets or rights so sold and do not encumber
any additional assets or properties of the Issuer or any of its Subsidiaries; 
 (13) (i) licenses,
sublicenses, leases or subleases granted by the Issuer or any of its Subsidiaries to other Persons in the ordinary course of business and not materially interfering with the conduct of the business of the Issuer or any of its Subsidiaries and
(ii) any interest or title of a lessor, sublessor or licensor under any lease or license agreement not prohibited by this Indenture to which the Issuer or any of its Subsidiaries is a party; 

(14) Liens arising out of any conditional sale, title retention, consignment or other similar arrangements for
the sale of goods entered into by the Issuer or any of its Subsidiaries in the ordinary course of business to the extent such Liens do not attach to any assets other than the goods subject to such arrangements; 

(15) Liens (i) incurred in the ordinary course of business in connection with the purchase or shipping of
goods or assets (or the related assets and proceeds thereof), which Liens are in favor of the seller, broker or shipper of such goods or assets and only attach to such goods or assets, and (ii) 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; 

(16) bankers’ Liens, rights of setoff and other similar Liens existing solely with respect to cash and
Cash Equivalents and Other Financial Investments on deposit in one or more accounts maintained by the Issuer or any of its Subsidiaries, in each case granted in the ordinary course of business in favor of the bank or banks with which such accounts
are maintained, securing amounts owing to such bank or banks with respect to cash management and operating account arrangements; 

(17) Liens granted in the ordinary course of business on insurance policies, proceeds thereof and the unearned
portion of insurance premiums with respect thereto securing the financing of the unpaid cost of the insurance policies; 

(18) Liens on earnest money deposits made in connection with any agreement in respect of an anticipated
acquisition or other investment; 
 (19) Liens on cash and Cash Equivalents to secure (x) the
Issuer’s or its Subsidiary’s reimbursement obligations under letters of credit, performance bonds, surety bonds and bid bonds so long as the aggregate amount of such cash and Cash Equivalents pledged to secure such Indebtedness does not
exceed at any time 110% of the aggregate outstanding amount of such Indebtedness (or, in the case of undrawn letters of credit, the aggregate undrawn face amount thereof) or (y) indemnification obligations relating to dispositions by the Issuer
or its Subsidiaries; 
 (20) licensing and cross-licensing arrangements entered into by the Issuer and its
Subsidiaries for purposes of enforcing, defending or settling claims with respect to the trademarks, service marks, trade names, domain names, copyrights, patents, patent rights, know-how, trade secrets,
franchises, licenses or other intellectual property rights of the Issuer and its Subsidiaries 

  
 13 

 
which do not materially interfere with the ordinary conduct of the business of the Issuer or any of its Subsidiaries; 

(21) to the extent constituting a Lien, to the extent that the prepayment, repurchase or redemption thereof is
permitted by this Indenture, cash deposited with the trustee or any paying agent under the applicable Indebtedness, or held in trust by the Issuer, in connection with the prepayment, repurchase or redemption of such Indebtedness; 

(22) Liens in favor of the Issuer or a Guarantor; 

(23) Liens securing Indebtedness owed by (a) a Subsidiary to the Issuer or to any other Subsidiary that is
a Guarantor or (b) the Issuer to a Guarantor; 
 (24) Liens to secure Refinancing Indebtedness of
Indebtedness secured by Liens referred to in the foregoing clauses (1) and (11) or in Section 4.05(b); provided that in the case of Liens securing Refinancing Indebtedness of Indebtedness secured by Liens referred to in the
foregoing clauses (1) and (11) or in Section 4.05(b), such Liens do not extend to any additional assets (other than (A) after-acquired property that is required to be pledged pursuant to the agreement granting the Lien securing the
Indebtedness being refinanced as in effect on the date the Refinancing Indebtedness is incurred and (B) proceeds and products thereof); 

(25) Liens securing Hedging Obligations entered into for bona fide hedging purposes of the Issuer or any
Subsidiary not for the purpose of speculation; 
 (26) deposits and other Liens securing credit card
operations of the Issuer and its Subsidiaries; provided the amount secured does not exceed amounts owed by the Issuer and its Subsidiaries in connection with such credit card operations; 

(27) Liens securing obligations pursuant to cash management agreements and treasury transactions. 

“Person” means any individual, corporation, partnership, limited liability company, joint venture, incorporated or
unincorporated association, joint-stock company, trust, unincorporated organization or government or other agency or political subdivision thereof or other entity of any kind. 

“Plan of Liquidation” with respect to any Person, means a plan that provides for, contemplates or the effectuation of which
is preceded or accompanied by (whether or not substantially contemporaneously, in phases or otherwise): (1) the sale, lease, conveyance or other disposition of all or substantially all of the assets of such Person other than as an entirety or
substantially as an entirety; and (2) the distribution of all or substantially all of the proceeds of such sale, lease, conveyance or other disposition of all or substantially all of the remaining assets of such Person to holders of Equity
Interests of such Person. 
 “principal” means, with respect to the Notes, the principal of, and premium, if any, on the
Notes. 
 “Pro Forma Basis” means, in connection with any calculation of compliance with any test, covenant, financial
ratio or financial term, including the Secured Leverage Ratio and compliance with covenants determined by reference to Consolidated EBITDA (including any component definitions thereof), the calculation thereof after giving effect on a pro forma
basis to (a) any assumption, incurrence, repayment or other disposition of Indebtedness and (b) any other event to the extent that, by the terms of this Indenture, the occurrence of such event requires pro forma compliance with a test or
covenant hereunder or requires 

  
 14 

 
such test or covenant to be calculated on a pro forma basis (all of the foregoing, “Applicable Transactions”) using, for purposes of determining such compliance, the historical
financial statements of all entities or assets so designated or acquired (to the extent available) and the consolidated financial statements of the Issuer and its Subsidiaries, which shall be reformulated as if all Applicable Transactions during the
relevant Calculation Period or Test Period, as the case may be, or subsequent to the relevant Calculation Period or Test Period, as the case may be, and on or prior to the date of such calculation, had been consummated at the beginning of such
period, with the following rules to apply in connection therewith: 
 (i) all Indebtedness (x) assumed,
incurred or issued after the first day of the relevant Test Period or Calculation Period (whether incurred to finance a Material Acquisition, to refinance or repay Indebtedness or otherwise) shall be deemed to have been assumed, incurred or issued
(and the proceeds thereof applied) on the first day of such Test Period or Calculation Period, as the case may be, and remain outstanding through the date of determination and (y) permanently retired or redeemed after the first day of the
relevant Test Period or Calculation Period, as the case may be, shall be deemed to have been retired or redeemed on the first day of such Test Period or Calculation Period, as the case may be, and remain retired through the date of determination;

 (ii) all Indebtedness assumed to be outstanding pursuant to preceding clause (i) shall be deemed to
have borne interest at (x) the rate applicable thereto, in the case of fixed rate indebtedness, or (y) the rates which would have been applicable thereto during the respective period when same was deemed outstanding, in the case of
floating rate Indebtedness (although interest expense with respect to any Indebtedness for periods while same was actually outstanding during the respective period shall be calculated using the actual rates applicable thereto while same was actually
outstanding); provided that all Indebtedness (whether actually outstanding or deemed outstanding) bearing interest at a floating rate of interest shall be tested on the basis of the rates applicable at the time the determination is made
pursuant to said provisions; and 
 (iii) in making any determination of Consolidated EBITDA on a Pro Forma
Basis, pro forma effect shall be given to any Material Acquisition if effected during the respective Calculation Period or Test Period, as the case may be, or subsequent to the relevant Calculation Period or Test Period, as the case may be, and on
or prior to the date of such calculation, as if same had occurred on the first day of the respective Calculation Period or Test Period, as the case may be, and taking into account, in the case of any Material Acquisition, factually supportable and
identifiable cost savings and expenses which would otherwise be accounted for as an adjustment pursuant to Article 11 of Regulation S-X under the Securities Act, as if such cost savings or expenses were
realized on the first day of the respective period. 
 “Qualified Institutional Buyer” or “QIB” has the
meaning specified in Rule 144A promulgated under the Securities Act. 
 “Receivables Facility” means any Receivables
Purchase Transaction or any Receivables Securitization Transaction. 
 “Receivables Purchase Transaction” means any one or
more purchase or financing facilities entered into in connection with any continuing discounting, factoring or financing arrangement pursuant to which the Issuer or any Subsidiary may pledge, sell, convey or otherwise transfer Securitization Assets
to any Person (other than the Issuer or a Subsidiary). 

  
 15 

 “Receivables Securitization Transaction” means any transaction providing
for the sale, securitization or other asset-backed financing of Securitization Assets of the Issuer or any Subsidiary (and/or contractual rights relating thereto). 

“Rating Agencies” means (1) each of Moody’s and S&P; and (2) if either Moody’s or S&P ceases to
rate the Notes or fails to make a rating of the Notes publicly available for reasons outside of the Issuer’s control, a “nationally recognized statistical rating organization,” as such term is defined for purposes of
Section 3(a)(62) of the Exchange Act, that the Issuer selects (as certified by an Officer of the Issuer) as a replacement agency for Moody’s or S&P, or both of them, as the case may be. 

“redeem” means to redeem, repurchase, purchase, defease, retire, discharge or otherwise acquire or retire for value; and
“redemption” shall have a correlative meaning; provided that this definition shall not apply for purposes of Article Three and paragraph 6 of the Notes. 

“Redemption Date” when used with respect to any Note to be redeemed means the date fixed for such redemption pursuant to the
terms of the Notes. 
 “refinance” means, in respect of any Indebtedness, to refinance, extend, renew, refund, repay,
prepay, or to issue other Indebtedness in exchange or replacement for, such Indebtedness. 
 “Refinancing Indebtedness”
means Indebtedness of the Issuer or a Subsidiary incurred in exchange for, or the proceeds of which are used to redeem or refinance in whole or in part, any Indebtedness of the Issuer or any Subsidiary (the “Refinanced
Indebtedness”); provided that: 
 (1) the principal amount (and accreted value, in the case
of Indebtedness issued at a discount) of the Refinancing Indebtedness does not exceed the principal amount (and accreted value, as the case may be) of the Refinanced Indebtedness plus the amount of accrued and unpaid interest on the Refinanced
Indebtedness, any premium paid to the holders of the Refinanced Indebtedness and expenses incurred in connection with the incurrence of the Refinancing Indebtedness; 

(2) the obligor of Refinancing Indebtedness with respect to any Refinanced Indebtedness of the Issuer or any
Guarantor does not include any Person (other than the Issuer or any Guarantor) that is not an obligor of the Refinanced Indebtedness; 

(3) if the Refinanced Indebtedness was subordinated in right of payment to the Notes or the Note Guarantees, as
the case may be, then such Refinancing Indebtedness, by its terms, is subordinate in right of payment to the Notes or the Note Guarantees, as the case may be, at least to the same extent as the Refinanced Indebtedness; 

(4) the Refinancing Indebtedness has a final stated maturity either (a) no earlier than the Refinanced
Indebtedness being redeemed or refinanced or (b) after the final maturity date of the Notes; and 
 (5)
the portion, if any, of the Refinancing Indebtedness that is scheduled to mature on or prior to the final maturity date of the Notes has a Weighted Average Life to Maturity at the time such Refinancing Indebtedness is incurred that is equal to or
greater than the Weighted Average Life to Maturity of the portion of the Refinanced Indebtedness being redeemed or refinanced that is scheduled to mature on or prior to the final maturity date of the Notes; provided that Refinancing
Indebtedness in respect of Refinanced Indebtedness that has no amortization may provide for 

  
 16 

 
amortization installments, sinking fund payments, senior maturity dates or other required payments of principal of up to 1% of the aggregate principal amount per annum. 

“Regulation S” means Regulation S promulgated under the Securities Act. 

“Regulation S Notes” means all Notes offered and sold in an offshore transaction in reliance on Regulation S. 

“Responsible Officer” when used with respect to the Trustee, means an officer or assistant officer assigned to the corporate
trust department of the Trustee (or any successor group of the Trustee) with direct responsibility for the administration of this Indenture and also means, with respect to a particular corporate trust matter, any other officer to whom such matter is
referred because of his knowledge of and familiarity with the particular subject. 
 “Restricted” means when referring to
cash or Cash Equivalents of the Issuer or any of its Subsidiaries, that such cash or Cash Equivalents (i) appear (or would be required to appear) as “restricted” on a consolidated balance sheet of the Issuer or of any such Subsidiary
(unless such appearance is related to the Credit Agreements or Liens created thereunder)), (ii) are subject to any Lien in favor of any Person other than (x) the respective collateral agents under the Credit Agreements for the benefit of the
respective secured parties thereunder and (y) Liens permitted under paragraphs (1) and (10) of the definition of Permitted Liens or (iii) are not otherwise generally available for use by the Issuer or such Subsidiary. 

“Restricted Subsidiary” means any Subsidiary that issues a Note Guarantee on the Issue Date and any Subsidiary that issues,
or is required to issue, a Note Guarantee in the future pursuant to Section 4.06, subject, in each case, to the terms of this Indenture. 

“Rule 144” means Rule 144 promulgated under the Securities Act. 

“Rule 144A” means Rule 144A promulgated under the Securities Act. 

“Rule 144A Notes” means all Notes offered and sold to purchasers reasonably believed to be QIBs in reliance on Rule 144A.

 “S&P” means S&P Global Ratings and any successor to its rating agency business. 

“SEC” means the U.S. Securities and Exchange Commission. 

“Secured Leverage Ratio” means, as of any date of determination, the ratio of (x) Consolidated Net Senior Secured
Indebtedness on such date to (y) Consolidated EBITDA for the Test Period most recently ended on or prior to such date; provided that for purposes of any calculation of the Secured Leverage Ratio pursuant to this Indenture, Consolidated
EBITDA shall be determined on a Pro Forma Basis. 
 “Securities Act” means the U.S. Securities Act of 1933, as amended.

 “Securitization Assets” means (i) accounts receivable, notes receivables and/or other payment intangibles and
(ii) interests therein and/or related assets or rights, including, without limitation, (a) the interest of the Issuer or any Subsidiary in any goods (including returned goods), and documentation of title evidencing the shipment or storage
of any goods (including returned goods) relating to any sale by the Issuer or any Subsidiary giving rise to such receivable or payment intangible; (b) all guarantees, indemnities, letters of credit, insurance and other agreements (including any
and all contracts, understandings, instruments, 

  
 17 

 
agreements, leases, invoices, notes or other writings pursuant to which such receivable or payment intangible arises or which evidences such receivable or payment intangible or under which the
applicable customer becomes or is obligated to make payment to the Issuer or any Subsidiary in respect of such receivable or intangible) or arrangements of whatever character from time to time supporting or securing payment of such receivable or
intangible; (c) all collections and other proceeds received and payment or application by the Issuer or any Subsidiary of any amounts owed in respect of such receivable or intangible, including, without limitation, purchase price, finance
charges, interests, and other similar charges which are net proceeds of the sale or other disposition of repossessed goods or other collateral or property available to be applied thereon; and (d) all proceeds of, and all amounts received or
receivable under, any or all of the foregoing clauses (i) and (ii). 
 “Securitization Subsidiary” means any special
purpose Subsidiary formed for purposes of consummating a Receivables Facility and which owns no other assets and engages in no other business than the purchase and sale of Securitization Assets and performance, the payment of its obligations under
the relevant Receivables Facility and activities and assets reasonably related or incidental thereto. 
 “Significant
Subsidiary” means (1) any Subsidiary that would be a “significant subsidiary” as defined in Regulation S-X promulgated pursuant to the Securities Act as such Regulation is in effect on
the Issue Date and (2) any Subsidiary that, when aggregated with all other Subsidiaries that are not otherwise Significant Subsidiaries and as to which are to be released as set forth under clause 10 of Section 8.02 or as to which any
event described in clause (6), (7) or (8) under Section 6.01 has occurred and is continuing, would constitute a Significant Subsidiary under clause (1) of this definition. 

“Subordinated Indebtedness” means Indebtedness of the Issuer or any Subsidiary that is expressly subordinated in right of
payment to the Notes or any then-existing Note Guarantees. 
 “Subsidiary” means, with respect to any Person: 

(1) any corporation, limited liability company, association or other business entity of which more than 50% of
the total voting power of the Equity Interests entitled (without regard to the occurrence of any contingency) to vote in the election of the Board of Directors thereof is at the time owned or controlled, directly or indirectly, by such Person or one
or more of the other Subsidiaries of such Person (or a combination thereof); and 
 (2) any partnership
(a) the sole general partner or the managing general partner of which is such Person or a Subsidiary of such Person or (b) the only general partners of which are such Person or one or more Subsidiaries of such Person (or any combination
thereof). 
 Unless otherwise specified, “Subsidiary” refers to a Subsidiary of the Issuer. 

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

  
 18 

 
any International Foreign Exchange Master Agreement, or any other master agreement (any such master agreement, together with any related schedules, a “Master Agreement”),
including any such obligations or liabilities under any Master Agreement. 
 “Swap Termination Value” means, in respect of
any one or more Swap Contracts, after taking into account the effect of any legally enforceable netting agreement relating to such Swap Contracts, (a) for any date on or after the date such Swap Contracts have been closed out and termination
value(s) determined in accordance therewith, such termination value(s), and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the
mark-to-market value(s) for such Swap Contracts, as determined based upon one or more mid-market or other readily available
quotations provided by any recognized dealer in such Swap Contracts. 
 “Test Period” means the four consecutive fiscal
quarter period most recently ended for which financial statements are available. 
 “Transaction Date” means the date of
the transaction giving rise to the need to calculate the Secured Leverage Ratio. 
 “Transfer Restricted Note” means any
Note that bears or is required to bear a Restricted Notes Legend. 
 “Trust Indenture Act” or “TIA” means
the Trust Indenture Act of 1939, as amended. 
 “Trustee” means the party named as such in this Indenture until a successor
replaces it pursuant to this Indenture and thereafter means the successor. 
 “Unrestricted” means, when referring to cash
or Cash Equivalents of the Issuer or any of its Subsidiaries, that such cash or Cash Equivalents are not Restricted. 
 “Voting
Stock” means as to any entity, all classes of Equity Interests of such entity then outstanding and normally entitled to vote in the election of the Board of Directors of such entity or, in the case of any Foreign Subsidiaries of the Issuer,
all interests in such entity with the ability to control the management or actions of such entity. 
 “USA Patriot Act”
means the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, Pub. L. No. 107-56. 

“U.S. Government Obligations” means direct non-callable obligations of, or guaranteed
by, the United States of America for the payment of which guarantee or obligations the full faith and credit of the United States is pledged. 

“Weighted Average Life to Maturity” when applied to any Indebtedness at any date, means the number of years obtained by
dividing (1) the sum of the products obtained by multiplying (a) the amount of each then remaining installment, sinking fund, serial maturity or other required payment of principal, including payment at final maturity, in respect thereof
by (b) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment by (2) the then outstanding principal amount of such Indebtedness.

 “Wholly-Owned Subsidiary” means a Subsidiary of which 100% of the Equity Interests (except for directors’
qualifying shares or certain minority interests owned by other Persons solely due to local law 

  
 19 

 
requirements that there be more than one stockholder, but which interest is not in excess of what is required for such purpose) are owned directly by the Issuer or through one or more
Wholly-Owned Subsidiaries. 
 “Wholly-Owned Domestic Subsidiary” means a Wholly-Owned Subsidiary that is a Domestic
Subsidiary. 
 SECTION 1.02. Other Definitions. 

The definitions of the following terms may be found in the sections indicated as follows: 

 

					
	 Term
	  	Defined in Section	 
	 “Agent Members”
	  	 	2.02	(c)(ii) 
	 “Change of Control Offer”
	  	 	4.08	 
	 “Change of Control Payment”
	  	 	4.08	 
	 “Change of Control Payment Date”
	  	 	4.08	 
	 “Covenant Defeasance”
	  	 	9.03	 
	 “Event of Default”
	  	 	6.01	 
	 “Fixed Amounts”
	  	 	1.04	 
	 “Global Notes”
	  	 	2.02	(b)(v) 
	 “Global Notes Legend”
	  	 	2.16	(d)(i) 
	 “IAI Global Note”
	  	 	2.02	(b) 
	 “IAI Notes”
	  	 	2.02	(b) 
	 “Incurrence Based Amounts”
	  	 	1.04	 
	 “LCT Election”
	  	 	1.04	 
	 “LCT Test Date”
	  	 	1.04	 
	 “Legal Defeasance”
	  	 	9.02	 
	 “Note Guarantees”
	  	 	10.01	 
	 “Paying Agent”
	  	 	2.04	 
	 “Registrar”
	  	 	2.04	 
	 “Regulation S Global Note”
	  	 	2.02	(b) 
	 “Regulation S Notes Legend”
	  	 	2.16	(d)(i) 
	 “Reserved Indebtedness Amount”
	  	 	1.04	 
	 “Restricted Notes Legend”
	  	 	2.16	(d)(i) 
	 “Reversion Date”
	  	 	4.09	 
	 “Rule 144A Global Note”
	  	 	2.02	(b) 
	 “Successor”
	  	 	5.01	(a) 
	 “Suspended Covenant”
	  	 	4.09	 
	 “Suspension Event”
	  	 	4.09	 
	 “Suspension Period”
	  	 	4.09	 

 SECTION 1.03. Rules of Construction. 

Unless the context otherwise requires: 

(1) a term has the meaning assigned to it herein, whether defined expressly or by reference; 

(2) “or” is not exclusive; 

  
 20 

 (3) words in the singular include the plural, and in the
plural include the singular; 
 (4) words used herein implying any gender shall apply to both genders; 

(5) “herein,” “hereof” and other words of similar import refer to this Indenture as a whole
and not to any particular Article, Section or other Subsection; 
 (6) unless otherwise specified herein, all
accounting terms used herein shall be interpreted, all accounting determinations hereunder shall be made, and all financial statements required to be delivered hereunder shall be prepared in accordance with GAAP as in effect from time to time,
applied on a basis consistent with the most recent audited consolidated financial statements of the Issuer; and 

(7) “$,” “U.S. Dollars” and “United States Dollars” each refer to United States
dollars, or such other money of the United States that at the time of payment is legal tender for payment of public and private debts. 

SECTION 1.04. Financial Calculations for Limited Condition Transactions and Otherwise. 

For all purposes under this Indenture, including for purposes of calculating the Secured Leverage Ratio in connection with the
incurrence, issuance or assumption of any Indebtedness secured by a Lien pursuant to Section 4.05 or pursuant to the definition of “Permitted Liens,” the Issuer may elect, at its option, to treat all or any portion of the committed
amount of any Indebtedness (and the issuance and creation of letters of credit and bankers’ acceptances thereunder), or any commitment in respect thereof, which is to be secured by such Lien (any such committed amount elected until revoked as
described below, the “Reserved Indebtedness Amount”), as being incurred as of such election date, and, if such Secured Leverage Ratio or other provision of this Indenture, as applicable, is complied with (or satisfied) with respect
thereto on such election date, any subsequent borrowing or reborrowing thereunder (and the issuance and creation of letters of credit and bankers’ acceptances thereunder) will be deemed to be permitted under such covenants or the definition of
“Permitted Liens,” as applicable, whether or not the Secured Leverage Ratio or other provision of this Indenture, as applicable, at the actual time of any subsequent borrowing or reborrowing (or issuance or creation of letters of credit or
bankers’ acceptances thereunder) is complied with (or satisfied) for all purposes (including as to the absence of any continuing Default or Event of Default); provided that for purposes of subsequent calculations of the Secured Leverage
Ratio, the Reserved Indebtedness Amount shall be deemed to be outstanding, whether or not such amount is actually outstanding, for so long as such commitments are outstanding or until the Issuer revokes an election of a Reserved Indebtedness Amount.

 In connection with any action being taken in connection with a Limited Condition Transaction, for purposes of determining
compliance with any provision of this Indenture which requires that no Default or Event of Default, as applicable, has occurred, is continuing or would result from any such action, as applicable, such condition shall, at the option of the Issuer, be
deemed satisfied, so long as no Default or Event of Default, as applicable, exists on the date the definitive agreement for such Limited Condition Transaction is entered into or irrevocable notice of redemption, purchase, repurchase, defeasance,
satisfaction and discharge or repayment of Indebtedness is given. For the avoidance of doubt, if the Issuer has exercised its option under the immediately preceding sentence, and any Default or Event of Default, as applicable, occurs following the
date the definitive agreement for the applicable Limited Condition Transaction is entered into or irrevocable notice of redemption, purchase, repurchase, defeasance, satisfaction and discharge or repayment of Indebtedness is given and prior to the
consummation of such 

  
 21 

 
Limited Condition Transaction, any such Default or Event of Default, as applicable, shall be deemed to not have occurred or be continuing for purposes of determining whether any action being
taken in connection with such Limited Condition Transaction is permitted under this Indenture. 
 In connection with any
action being taken in connection with a Limited Condition Transaction, for purposes of (i) determining compliance with any provision of this Indenture which requires the calculation of the Secured Leverage Ratio; or (ii) testing baskets
set forth in this Indenture (including baskets measured as a percentage of Consolidated EBITDA); in each case, at the option of the Issuer (the Issuer’s election to exercise such option in connection with any Limited Condition Transaction, an
“LCT Election”), the date of determination of whether any such action is permitted hereunder, shall be deemed to be the date the definitive agreement for such Limited Condition Transaction is entered into or irrevocable notice of
redemption, purchase, repurchase, defeasance, satisfaction and discharge or repayment of Indebtedness is given, as applicable (the “LCT Test Date”), and if, after giving pro forma effect to the Limited Condition Transaction and the
other transactions to be entered into in connection therewith (including any incurrence or discharge of Indebtedness and the use of proceeds of such incurrence) as if they had occurred at the beginning of the most recent four consecutive fiscal
quarters ending prior to the LCT Test Date for which consolidated financial statements of the Issuer are available, the Issuer could have taken such action on the relevant LCT Test Date in compliance with such ratio, basket or amount, such ratio,
basket or amount shall be deemed to have been complied with. For the avoidance of doubt, if the Issuer has made an LCT Election and any of the ratios, baskets or amounts for which compliance was determined or tested as of the LCT Test Date are
exceeded as a result of fluctuations in any such ratio, basket or amount, including due to fluctuations in Consolidated EBITDA of the Issuer or the Person subject to such Limited Condition Transaction or any applicable currency exchange rate, at or
prior to the consummation of the relevant transaction or action, such baskets, ratios or amounts will not be deemed to have been exceeded as a result of such fluctuations. If the Issuer has made an LCT Election for any Limited Condition Transaction,
then in connection with any subsequent calculation of any ratio, basket or amount on or following the relevant LCT Test Date and prior to the earlier of the date on which such Limited Condition Transaction is consummated or the definitive agreement
for such Limited Condition Transaction is terminated or expires without consummation of such Limited Condition Transaction, any such ratio, basket or amount shall be calculated on a pro forma basis assuming such Limited Condition Transaction and
other transactions in connection therewith (including any incurrence or discharge of Indebtedness and the use of proceeds thereof) have been consummated. 

Notwithstanding anything to the contrary herein, with respect to any amounts incurred or transactions entered into (or
consummated) in reliance on a provision of any covenant in this Indenture that does not require compliance with a financial ratio or test (including the Secured Leverage Ratio) (any such amounts, including amounts incurred under
Section 4.05(b)(I), the “Fixed Amounts”) substantially concurrently or in a series of related transactions with any amounts incurred or transactions entered into (or consummated) in reliance on a provision in such covenant that
requires compliance with any such financial ratio or test (any such amounts, the “Incurrence Based Amounts”), it is understood and agreed that the Fixed Amounts (and any cash proceeds thereof) in such covenant shall be disregarded
in the calculation of the financial ratio or test applicable to the Incurrence Based Amounts in such covenant in connection with such incurrence, but full pro forma effect shall be given to all applicable and related transactions (including the use
of proceeds of all Indebtedness to be incurred and any repayments, repurchases and redemptions of Indebtedness) and all other permitted pro forma adjustments. The Trustee shall have no duty to calculate, or verify the calculation, of any ratio,
basket, amount or test in connection with a Limited Condition Transaction, Fixed Amounts, or Incurrence Based Amounts. 

  
 22 

 ARTICLE TWO 

THE NOTES 

SECTION 2.01. Amount of Notes. 

The Trustee shall authenticate (i) Initial Notes for original issue on the Issue Date in the aggregate principal amount
not to exceed $400,000,000 and (ii) Additional Notes in an unlimited principal amount, upon receipt of a written order of the Issuer in the form of an Officer’s Certificate. The Officer’s Certificate shall specify the amount of the
Notes to be authenticated, the date on which the Notes are to be authenticated, and the names and delivery instructions for each Holder. 

Any Additional Notes shall be part of the same issue as the Initial Notes and shall vote on all matters and otherwise
participate as one class with the Initial Notes, including, without limitation, with respect to waivers, amendments, redemptions and offers to purchase. For the purposes of this Indenture, references to the Notes include Additional Notes, if any;
provided that, if the Additional Notes are not fungible with the Notes for U.S. federal income tax purposes (as reasonably determined by the Issuer), the Additional Notes will have a separate CUSIP number. 

SECTION 2.02. Form and Dating; Book Entry Provisions. 

(a) The (i) Initial Notes and the Trustee’s certificate of authentication with respect thereto and (ii) any
Additional Notes and the Trustee’s certificate of authentication with respect thereto, in each case, shall be substantially in the form set forth in Exhibit A hereto (other than, with respect to any Additional Notes, changes related to the
issue date, issue price and first interest payment date of such Additional Notes), which is incorporated in and forms a part of this Indenture. The Notes may have notations, legends or endorsements required by law, rule or usage to which the Issuer
is subject. Each Note shall be dated the date of its authentication. 
 (b) (i) The Notes shall be resold initially only
(A) to persons reasonably believed to be QIBs in reliance on Rule 144A under the Securities Act or (B) outside the United States, to persons other than “U.S. persons” as defined in Rule 902 under the Securities Act in compliance
with Regulation S. Notes may thereafter be transferred to, among others, purchasers reasonably believed to be QIBs or IAIs, and purchasers in reliance on Regulation S, subject to the restrictions on transfer set forth herein. Notes initially resold
pursuant to Rule 144A shall be issued in the form of one or more permanent global securities in fully registered form (collectively, the “Rule 144A Global Note”); Notes resold to IAIs (the “IAI Notes”) shall be
issued in the form of one or more permanent global securities in fully registered form (collectively, the “IAI Global Note”); and Notes initially resold pursuant to Regulation S shall be issued in the form of one or more permanent
global securities in fully registered form (collectively, the “Regulation S Global Note”), in each case without interest coupons and with the Global Notes Legend and the applicable Restricted Notes Legend set forth in
Section 2.16(d)(i) hereof, which shall be deposited on behalf of the purchasers of the Notes represented thereby with the Notes Custodian and registered in the name of the Depository or a nominee of the Depository, duly executed by the Issuer
and authenticated by the Trustee as provided in this Indenture. 
 (ii) Beneficial interests in Regulation S
Global Notes or IAI Global Notes may be exchanged for interests in Rule 144A Global Notes if (1) such exchange occurs in connection with a transfer of Notes in compliance with Rule 144A and (2) the transferor of the beneficial interest in
the Regulation S Global Note or IAI Global Note, as applicable, first delivers to the Trustee a 

  
 23 

 
written certificate (in the form of the Form of Exchange Certificate attached to Exhibit A hereto) to the effect that the beneficial interest in the Regulation S Global Note or IAI Global Note,
as applicable, is being transferred to a Person (A) who the transferor reasonably believes to be a QIB, (B) purchasing for its own account or the account of a QIB in a transaction meeting the requirements of Rule 144A, and (C) in
accordance with all applicable U.S. Federal, State and foreign securities laws. 
 (iii) Beneficial interests
in Regulation S Global Notes and Rule 144A Global Notes may be exchanged for an interest in IAI Global Notes if (1) such exchange occurs in connection with a transfer of the securities in compliance with an exemption under the Securities Act
and (2) the transferor of the Regulation S Global Note or Rule 144A Global Note, as applicable, first delivers to the Trustee a written certificate (in the form of the Form of Transfer Certificate attached to Exhibit A hereto) to the effect
that (A) the Regulation S Global Note or Rule 144A Global Note, as applicable, is being transferred to an Institutional Accredited Investor acquiring the securities for its own account or for the account of such an Institutional Accredited
Investor, in each case in a minimum principal amount of Notes of US$250,000 and (B) in accordance with all applicable U.S. Federal, State and foreign securities laws. 

(iv) Beneficial interests in Rule 144A Global Notes and IAI Global Notes may be transferred to a Person who
takes delivery in the form of an interest in a Regulation S Global Note only if the transferor first delivers to the Trustee a written certificate (in the form of Exhibit B) to the effect that such transfer is being made in accordance with Rule 903
or 904 of Regulation S (if applicable). 
 (v) The Rule 144A Global Notes, the IAI Global Notes and the
Regulation S Global Notes are collectively referred to herein as “Global Notes”. The aggregate principal amount of the Global Notes may from time to time be increased or decreased by adjustments made on the records of the Trustee
and the Depository or its nominee as hereinafter provided. 
 (c) This Section 2.02(c) shall apply only to a Global
Note deposited with or on behalf of the Depository. 
 (i) The Issuer shall execute and the Trustee shall,
in accordance with this Section 2.02(c), authenticate and deliver initially one or more Global Notes that (A) shall be registered in the name of the Depository for such Global Note or the nominee of such Depository and (B) shall be
delivered by the Trustee to such Depository or pursuant to such Depository’s instructions or held by the Trustee as custodian for the Depository. 

(ii) Members of, or participants in, the Depository (“Agent Members”) shall have no rights
under this Indenture with respect to any Global Note held on their behalf by the Depository or by the Trustee as the custodian of the Depository or under such Global Note, and the Issuer, the Trustee and any agent of the Issuer or the Trustee shall
be entitled to treat the Depository as the absolute owner of such Global Note for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Issuer, the Trustee or any agent of the Issuer or the Trustee from giving
effect to any written certification, proxy or other authorization furnished by the Depository or impair, as between the Depository and its Agent Members, the operation of customary practices of such Depository governing the exercise of the rights of
a holder of a beneficial interest in any Global Note. 

  
 24 

 (d) Except as provided in Section 2.16 or 2.17, owners of beneficial
interests in Global Notes shall not be entitled to receive physical delivery of Definitive Notes. 
 (e) The terms and
provisions contained in the Notes shall constitute, and are expressly made, a part of this Indenture and, to the extent applicable, the Issuer, the Guarantors and the Trustee, by their execution and delivery of this Indenture, expressly agree to
such terms and provisions and agree to be bound thereby. If there is any conflict between the terms of the Notes and this Indenture, the terms of this Indenture shall govern. 

(f) The Notes may be presented for registration of transfer and exchange at the offices of the Registrar. 

SECTION 2.03. Execution and Authentication. 

An Officer (who shall, in each case, have been duly authorized by all requisite corporate actions) shall sign the Notes for
the Issuer by manual or facsimile (PDF) signature. 
 If an Officer whose signature is on a Note was an Officer at the time
of such execution but no longer holds that office at the time the Trustee authenticates the Note, the Note shall be valid nevertheless. 

No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears
on such Note a certificate of authentication substantially in the form provided for herein executed by the Trustee by manual signature of an authorized officer, and such certificate upon any Note shall be conclusive evidence, and the only evidence,
that such Note has been duly authenticated and delivered hereunder. Notwithstanding the foregoing, if any Note shall have been authenticated and delivered hereunder but never issued and sold by the Issuer, and the Issuer shall deliver such Note to
the Trustee for cancellation as provided in Section 2.12, for all purposes of this Indenture such Note shall be deemed never to have been authenticated and delivered hereunder and shall never be entitled to the benefits of this Indenture. 

The Trustee may appoint an authenticating agent reasonably acceptable to the Issuer to authenticate the Notes. Unless
otherwise provided in the appointment, an authenticating agent may authenticate the Notes whenever the Trustee may do so. Each reference in this Indenture to authentication by the Trustee includes authentication by such agent. An authenticating
agent has the same rights as an Agent to deal with the Issuer and Affiliates of the Issuer. Each Paying Agent is designated as an authenticating agent for purposes of this Indenture. 

The Notes shall be issuable only in registered form without coupons in minimum denominations of $2,000 and integral multiples
of $1,000. 
 SECTION 2.04. Registrar and Paying Agent. 

The Issuer shall maintain an office or agency (which shall be located in the Borough of Manhattan in The City of New York,
State of New York or the city in which the Corporate Trust Office of the Trustee is located) where Notes may be presented for registration of transfer or for exchange (the “Registrar”), and an office or agency where Notes may be
presented for payment (the “Paying Agent”) and an office or agency where notices and demands to or upon the Issuer, if any, in respect of the Notes and this Indenture may be served. The Registrar shall keep a register of the Notes
and of their transfer and exchange. If and for so long as the Trustee is not the Registrar, the Trustee shall have the right to inspect the register of the 

  
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Notes during regular business hours. The Issuer may have one or more additional Paying Agents. The term “Paying Agent” includes any additional Paying Agent. 

The Issuer shall enter into an appropriate agency agreement with any Agent that is not a party to this Indenture. The
agreement shall implement the provisions of this Indenture that relate to such Agent. The Issuer shall notify the Trustee of the name and address of any such Agent. If the Issuer fails to maintain a Registrar or Paying Agent, or fails to give the
foregoing notice, the Trustee shall act as such and shall be entitled to appropriate compensation in accordance with Section 7.07. The Issuer, an Affiliate of the Issuer or any Wholly-Owned Subsidiary may act as Paying Agent, Registrar, co-registrar or transfer agent. 
 The Issuer initially appoints the Trustee as Registrar
and Paying Agent. 
 SECTION 2.05. Paying Agent to Hold Money in Trust. 

On or prior to each due date of the principal or interest on any Notes, the Issuer shall deposit with the Paying Agent a sum
sufficient to pay such principal and interest when so becoming due. Each Paying Agent shall hold in trust for the benefit of the Holders or the Trustee all money held by the Paying Agent for the payment of principal of or premium or interest on the
Notes (whether such money has been paid to it by the Issuer or any other obligor on the Notes or the Guarantors), and the Issuer and the Paying Agent shall notify the Trustee in writing of any default by the Issuer (or any other obligor on the
Notes) in making any such payment. If the Issuer, an Affiliate of the Issuer or a Wholly-Owned Subsidiary of the Issuer serves as Paying Agent, it shall segregate the money held by it as Paying Agent and hold it as a separate trust fund. Money held
in trust by the Paying Agent need not be segregated except as required by law and in no event shall the Paying Agent be liable for any interest on any money received by it hereunder. The Issuer at any time may require the Paying Agent to pay all
money held by it to the Trustee and account for any funds disbursed and the Trustee may at any time during the continuance of any Event of Default specified in Section 6.01(1) or (2), upon written request to the Paying Agent, require such
Paying Agent to pay forthwith all money so held by it to the Trustee and to account for any funds disbursed by the Paying Agent. Upon making such payment, the Paying Agent shall have no further liability for the money delivered to the Trustee. 

SECTION 2.06. Holder Lists. 

The Trustee shall preserve in as current a form as is reasonably practicable the most recent list available to it of the names
and addresses of the Holders. If the Trustee is not the Registrar, the Issuer shall furnish to the Trustee at least five Business Days before each Interest Payment Date, and at such other times as the Trustee may reasonably request in writing, a
list in such form and as of such date as the Trustee may reasonably require of the names and addresses of the Holders. 

SECTION 2.07. Transfer and Exchange. 

Subject to Sections 2.02(b), 2.16 and 2.17, when Notes are presented to the Registrar with a request from such Holder to
register a transfer or to exchange them for an equal principal amount of Notes of other authorized denominations, the Registrar shall register the transfer as requested if the requirements of this Indenture are met. Every Note presented or
surrendered for registration of transfer or exchange shall be duly endorsed or be accompanied by a written instrument of transfer in form satisfactory to the Issuer and the Registrar, duly executed by the Holder thereof or his or her attorneys duly
authorized in writing. To permit registrations of transfers and exchanges, the Issuer shall issue and execute and the Trustee shall authenticate new Notes evidencing such transfer or exchange at the Registrar’s request. No service charge shall
be made to the Holder for any registration of transfer or exchange. The Registrar may require from 

  
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the Holder payment of a sum sufficient to cover any transfer taxes or other governmental charge that may be imposed in relation to a transfer or exchange, but this provision shall not apply to
any exchange pursuant to Section 2.11, 3.06, 4.08 or 8.04 (in which events the Issuer shall be responsible for the payment of such taxes). Without the prior consent of the Issuer, the Registrar shall not be required to exchange or register a
transfer (a) of any Note for a period of 15 days immediately preceding the mailing of notice of redemption of Notes to be redeemed, (b) of any Note selected, called or being called for redemption except the unredeemed portion of any Note
being redeemed in part, or (c) of any Note between a record date and the next succeeding Interest Payment Date. 
 Any
Holder of any Global Note shall, by acceptance of such Global Note, agree that transfers of the beneficial interests in such Global Note may be effected only through a book entry system maintained by the Holder of such Global Note (or its agent),
and that ownership of a beneficial interest in such Global Note shall be required to be reflected in a book entry. 
 Each
Holder of a Note agrees to indemnify the Issuer and the Trustee against any liability that may result from the transfer, exchange or assignment of such Holder’s Note in violation of any provision of this Indenture and/or applicable U.S.
Federal, state or foreign securities law. 
 Neither the Trustee nor the Registrar shall have any duty to monitor the
Issuer’s compliance with or have any responsibility with respect to the Issuer’s compliance with any U.S. Federal, state or foreign securities laws. 

SECTION 2.08. Replacement Notes. 

If a mutilated Note is surrendered to the Registrar or the Trustee, or if the Holder claims that the Note has been lost,
destroyed or wrongfully taken, the Issuer shall issue and the Trustee shall authenticate a replacement Note if such Holder furnishes to the Issuer and the Trustee evidence reasonably acceptable to them of the ownership and the destruction, loss or
theft of such Note and if the requirements of Section 8-405 of the New York Uniform Commercial Code as in effect on the date of this Indenture are met. If required by the Trustee or the Issuer, an
indemnity bond shall be posted by such Holder, sufficient in the judgment of both to protect the Issuer, the Guarantors, the Trustee or any Paying Agent from any loss that any of them may suffer if such Note is replaced. The Issuer and the Trustee
may charge such Holder for their reasonable out-of-pocket expenses in replacing such Note (including, without limitation, attorneys’ fees and disbursements) in
replacing such Note. Every replacement Note shall constitute a contractual obligation of the Issuer. 
 SECTION 2.09.
Outstanding Notes. 
 The Notes outstanding at any time are all Notes that have been authenticated by the Trustee
except for (a) those cancelled by it, (b) those delivered to it for cancellation, (c) to the extent set forth in Sections 9.01 and 9.02, on or after the date on which the conditions set forth in Section 9.01 or 9.02 have
been satisfied, those Notes theretofore authenticated and delivered by the Trustee hereunder and (d) those described in this Section 2.09 as not outstanding. Subject to Section 2.10, a Note does not cease to be outstanding because the
Issuer or one of its Affiliates holds the Note. 
 If a Note is replaced pursuant to Section 2.08, it ceases to be
outstanding unless the Trustee and the Issuer receives proof satisfactory to it that the replaced Note is held by a protected purchaser in whose hands such Note is a legal, valid and binding obligation of the Issuer. 

  
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 If the Paying Agent holds in trust, in its capacity as such, on any
Redemption Date or maturity date, money sufficient to pay all accrued interest and principal with respect to the Notes payable on that date and is not prohibited from paying such money to the Holders thereof pursuant to the terms of this Indenture,
then on and after that date such Notes cease to be outstanding and interest on them ceases to accrue. 
 SECTION 2.10.
Treasury Notes. 
 In determining whether the Holders of the required principal amount of Notes have concurred in any
declaration of acceleration or notice of default or direction, waiver or consent or any amendment, modification or other change to this Indenture, Notes owned by the Issuer or any Affiliate of the Issuer shall be disregarded as though they were not
outstanding, except that for the purposes of determining whether the Trustee shall be protected in relying on any such direction, waiver or consent or any amendment, modification or other change to this Indenture, only Notes as to which a
Responsible Officer of the Trustee has received an Officer’s Certificate stating that such Notes are so owned shall be so disregarded. Notes so owned which have been pledged in good faith shall not be disregarded if the pledgee established to
the satisfaction of the Trustee the pledgee’s right so to act with respect to the Notes and that the pledgee is not the Issuer, a Guarantor, any other obligor on the Notes or any of their respective Affiliates. 

SECTION 2.11. Temporary Notes. 

Until definitive Notes are prepared and ready for delivery, the Issuer may prepare and the Trustee shall authenticate
temporary Notes. Temporary Notes shall be substantially in the form of definitive Notes but may have variations that the Issuer considers appropriate for temporary Notes. Without unreasonable delay, the Issuer shall prepare and the Trustee shall
authenticate definitive Notes in exchange for temporary Notes. Until such exchange, temporary Notes shall be entitled to the same rights, benefits and privileges as definitive Notes. 

SECTION 2.12. Cancellation. 

The Issuer at any time may deliver Notes to the Trustee for cancellation. The Registrar and the Paying Agent shall forward to
the Trustee any Notes surrendered to them for registration of transfer, exchange or payment. The Trustee and no one else shall cancel all Notes surrendered for registration of transfer, exchange, payment, replacement or cancellation and shall cancel
and destroy such Notes in accordance with its customary procedures. The Trustee shall upon the request of the Issuer deliver a certificate of such destruction to the Issuer. The Issuer may not reissue or resell, or issue new Notes to replace, Notes
that the Issuer has redeemed or paid, or that have been delivered to the Trustee for cancellation, other than in accordance with the express provisions of this Indenture. 

SECTION 2.13. Defaulted Interest. 

If the Issuer defaults on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent
permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the
payment date. The Issuer shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the
amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities
exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, 

  
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after written notice given by the Issuer to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee. 

SECTION 2.14. CUSIP Number. 

The Issuer in issuing the Notes may use a “CUSIP” number and an ISIN (in each case if then generally in use), and if
so, such CUSIP number and ISIN shall be included in notices of redemption or exchange as a convenience to Holders; provided that any such notice may state that no representation is made as to the correctness or accuracy of such number either
as printed in the notice or on the Notes, and that reliance may be placed only on the other identification numbers printed on the Notes. The Issuer shall promptly, and in any event within three (3) Business Days, notify the Trustee of any such
CUSIP number and ISIN used by the Issuer in connection with the issuance of the Notes and of any change in the CUSIP number and ISIN. 
  

SECTION 2.15. Deposit of Moneys. 

Subject to the following paragraph, prior to 11:00 a.m., New York City time, on each Interest Payment Date and maturity date,
the Issuer shall have deposited with the Paying Agent in immediately available funds money sufficient to make cash payments, if any, due on such Interest Payment Date or maturity date, as the case may be. The principal and interest on Global Notes
shall be payable to the Depository or its nominee, as the case may be, as the sole registered owner and the sole holder of the Global Notes represented thereby. The principal and interest on Definitive Notes shall be payable, either in person or by
mail, at the office of the Paying Agent. 
 If a Holder has given wire transfer instructions to the Issuer at least ten
Business Days prior to the applicable Interest Payment Date, the Issuer (through the Paying Agent) will make all payments on such Holder’s Notes by wire transfer of immediately available funds to the account specified in those instructions.
Otherwise, payments on the Notes will be made at the office or agency of the Paying Agent for the Notes unless the Issuer (with notice to the Paying Agent) elects to make interest payments by check mailed to the Holders at their addresses set forth
in the register of Holders. 
 SECTION 2.16. Special Transfer Provisions. 

(a) Transfer and Exchange of Definitive Notes. When Definitive Notes are presented to the Registrar
with a request: 
 (x) to register the transfer of such Definitive Notes; or 

(y) to exchange such Definitive Notes for an equal principal amount of Definitive Notes of other authorized
denominations, 
 the Registrar shall register the transfer or make the exchange as requested if its reasonable requirements for such
transaction are met; provided, however, that the Definitive Notes surrendered for transfer or exchange: 

(i) shall be duly endorsed or accompanied by a written instrument of transfer in form reasonably satisfactory
to the Issuer and the Registrar, duly executed by the Holder thereof or its attorney duly authorized in writing; and 

(ii) if such Definitive Notes are required to bear a Restricted Notes Legend, they are being transferred or
exchanged pursuant to an effective registration statement under the Securities 

  
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Act (and the transferor certifies the same, in writing, to the Registrar), pursuant to Section 2.16(b) or pursuant to clause (A) or (B) below: 

(A) if such Definitive Notes are being transferred to the Issuer, such Definitive Notes are accompanied by a
certification to that effect; or 
 (B) if such Definitive Notes are being transferred (x) pursuant to
an exemption from registration in accordance with Rule 144A, Regulation S or Rule 144 under the Securities Act, or (y) in reliance upon another exemption from the requirements of the Securities Act, in each case, such Definitive Notes are
accompanied by (i) a certification to that effect (in the form of the Form of Transfer Certificate attached to Exhibit A hereto) and (ii) if the Issuer so requests, an opinion of counsel or other evidence reasonably satisfactory to it as
to the compliance with the restrictions set forth in the Restricted Notes Legend set forth in Section 2.16(d)(i). 

(b) Restrictions on Transfer of a Definitive Note for a Beneficial Interest in a Global Note. A Definitive Note may not
be exchanged for a beneficial interest in a Rule 144A Global Note, an IAI Global Note or a Regulation S Global Note except upon satisfaction of the requirements set forth below. Upon receipt by the Trustee of a Definitive Note, duly endorsed or
accompanied by appropriate instruments of transfer, in form satisfactory to the Trustee, together with: 

(i) certification, in the form of the Form of Transfer Certificate attached to Exhibit A hereto, that such
Definitive Note is either (A) being transferred to a person reasonably believed to be a QIB in accordance with Rule 144A, (B) being transferred to an IAI or (C) being transferred in an offshore transaction in compliance with Rule 903
or Rule 904 of Regulation S under the Securities Act; and 
 (ii) written instructions directing the Trustee
to make, or to direct the Notes Custodian to make, an adjustment on its books and records with respect to such Rule 144A Global Note (in the case of a transfer pursuant to clause (b)(i)(A)), IAI Global Note (in the case of a transfer pursuant to
clause (b)(i)(B)) or Regulation S Global Note (in the case of a transfer pursuant to clause (b)(i)(C)) to reflect an increase in the aggregate principal amount of the Notes represented by the Rule 144A Global Note, IAI Global Note or Regulation S
Global Note, as applicable, such instructions to contain information regarding the Depository account to be credited with such increase, 

then the Trustee shall cancel such Definitive Note and cause, or direct the Notes Custodian to cause, in accordance with the standing
instructions and procedures existing between the Depository and the Notes Custodian, the aggregate principal amount of Notes represented by the Rule 144A Global Note, IAI Global Note or Regulation S Global Note, as applicable, to be increased by the
aggregate principal amount of the Definitive Note to be exchanged and shall credit or cause to be credited to the account of the Person specified in such instructions a beneficial interest in the Rule 144A Global Note, IAI Global Note or Regulation
S Global Note, as applicable, equal to the principal amount of the Definitive Note so canceled. If no Rule 144A Global Notes, IAI Global Notes or Regulation S Global Notes, as applicable, are then outstanding, the Issuer shall issue and the Trustee
shall authenticate, upon written order of the Issuer in the form of an Officer’s Certificate of the Issuer, a new Rule 144A Global Note, IAI Global Note or Regulation S Global Note, as applicable, in the appropriate principal amount. 

  
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 (c) Transfer and Exchange of Global Notes. 

(i) The transfer and exchange of Global Notes or beneficial interests therein shall be effected through the
Depository, in accordance with this Indenture (including applicable restrictions on transfer set forth herein, if any) and the procedures of the Depository therefor. A transferor of a beneficial interest in a Global Note shall deliver to the
Registrar a written order given in accordance with the Depository’s procedures containing information regarding the participant account of the Depository to be credited with a beneficial interest in such Global Note. The Registrar shall, in
accordance with such instructions, instruct the Depository to credit to the account of the Person specified in such instructions a beneficial interest in the Global Note and to debit the account of the Person making the transfer the beneficial
interest in the Global Note being transferred. 
 (ii) If the proposed transfer is a transfer of a beneficial
interest in one Global Note to a beneficial interest in another Global Note, the Registrar shall reflect on its books and records the date and an increase in the principal amount of the Global Note to which such interest is being transferred in an
amount equal to the principal amount of the interest to be so transferred, and the Registrar shall reflect on its books and records the date and a corresponding decrease in the principal amount of the Global Note from which such interest is being
transferred. 
 (iii) Notwithstanding any other provisions of Article Two (other than the provisions set
forth in Section 2.17), a Global Note may not be transferred as a whole except by the Depository to a nominee of the Depository or by a nominee of the Depository to the Depository or another nominee of the Depository or by the Depository or any
such nominee to a successor Depository or a nominee of such successor Depository. 
 (iv) In the event that a
Global Note is exchanged for Definitive Notes pursuant to Section 2.17, such Notes may be exchanged only in accordance with such procedures as are substantially consistent with the provisions of this Section 2.16 (including the
certification requirements set forth on the reverse of the Notes intended to ensure that such transfers comply with Rule 144A, Regulation S or another applicable exemption under the Securities Act, as the case may be) and such other procedures as
may from time to time be adopted by the Issuer. 
 (d) Legend. 

(i) Each Note certificate evidencing the Global Notes (and all Notes issued in exchange therefor or in
substitution thereof) shall bear a legend in substantially the following form (the “Global Notes Legend”): 

  
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 UNLESS THIS GLOBAL NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), NEW YORK, NEW YORK, TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY GLOBAL NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH
OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO., OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC) ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 

TRANSFERS OF THIS GLOBAL NOTE SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR TO A SUCCESSOR
THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL NOTE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE INDENTURE REFERRED TO ON THE REVERSE HEREOF. 

Except as permitted by paragraph (ii) and (iii) below or otherwise agreed by the Issuer and the applicable Holder, each
Note certificate evidencing the Global Notes and Definitive Notes (and all Notes issued in exchange therefor or in substitution thereof), shall bear a legend in substantially the following form (the “Restricted Notes Legend”): 

THIS SECURITY (OR ITS PREDECESSOR HAS NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE
“SECURITIES ACT”) AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS EXCEPT AS SET FORTH BELOW. BY ITS ACQUISITION HEREOF, THE HOLDER (1) REPRESENTS THAT
(A) IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT) OR (B) IT IS NOT A U.S. PERSON AND IS ACQUIRING THIS SECURITY IN AN OFFSHORE TRANSACTION IN COMPLIANCE WITH REGULATION S UNDER THE
SECURITIES ACT, (2) AGREES THAT IT WILL NOT WITHIN [IN THE CASE OF RULE 144A NOTES: SIX MONTHS] [IN THE CASE OF REGULATION S NOTES: 40 DAYS] AFTER THE LATER OF THE ORIGINAL ISSUANCE DATE HEREOF AND THE LAST DATE ON WHICH THE ISSUER OR ANY
AFFILIATE OF THE ISSUER WAS THE OWNER OF THIS SECURITY (OR ANY PREDECESSOR OF SUCH SECURITY) RESELL OR OTHERWISE TRANSFER THIS SECURITY EXCEPT (A) TO THE ISSUER OR ANY SUBSIDIARY THEREOF, (B) TO A QUALIFIED INSTITUTIONAL BUYER IN
COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT, (C) OUTSIDE THE UNITED STATES IN AN OFFSHORE TRANSACTION IN COMPLIANCE WITH RULE 904 UNDER THE SECURITIES ACT, (D) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER
THE SECURITIES ACT (IF AVAILABLE, AND BASED UPON AN OPINION OF COUNSEL IF THE ISSUER SO REQUESTS), (E) IN ACCORDANCE WITH ANOTHER EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT (IF AVAILABLE, AND BASED UPON AN OPINION OF
COUNSEL IF THE ISSUER SO REQUESTS) OR (F) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND (3) AGREES THAT IT WILL GIVE TO EACH PERSON TO WHOM THIS SECURITY IS 

  
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TRANSFERRED A NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND. AS USED HEREIN, THE TERMS “OFFSHORE TRANSACTION,” “UNITED STATES” AND “U.S. PERSON” HAVE THE MEANING
GIVEN TO THEM BY REGULATION S UNDER THE SECURITIES ACT. 
 EACH HOLDER OF THIS NOTE OR ANY INTEREST HEREIN IS DEEMED TO
REPRESENT AND WARRANT THAT EITHER (1) NO PORTION OF THE ASSETS USED BY IT TO PURCHASE OR HOLD THIS NOTE OR ANY INTEREST HEREIN CONSTITUTES THE ASSETS OF ANY (A) EMPLOYEE BENEFIT PLAN WHICH IS SUBJECT TO TITLE I OF THE U.S. EMPLOYEE
RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), (B) PLAN, INDIVIDUAL RETIREMENT ACCOUNT OR OTHER ARRANGEMENT THAT IS SUBJECT TO SECTION 4975 OF THE U.S. INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE
“CODE”), OR PROVISIONS UNDER ANY OTHER FEDERAL, STATE, LOCAL, NON-U.S. OR OTHER LAWS OR REGULATIONS THAT ARE SIMILAR TO SUCH PROVISIONS OF ERISA OR THE CODE (COLLECTIVELY, “SIMILAR LAWS”),
OR (C) ENTITY WHOSE UNDERLYING ASSETS ARE CONSIDERED TO INCLUDE “PLAN ASSETS” OF ANY OF THE FOREGOING PLANS, ACCOUNTS OR ARRANGEMENTS DESCRIBED IN CLAUSE (A) OR (B), OR (2) ITS PURCHASE AND HOLDING OF THIS NOTE OR ANY
INTEREST HEREIN WILL NOT CONSTITUTE A NON-EXEMPT PROHIBITED TRANSACTION UNDER SECTION 406 OF ERISA OR SECTION 4975 OF THE CODE OR A SIMILAR VIOLATION UNDER ANY APPLICABLE SIMILAR LAWS, AND NONE OF
THE ISSUER, THE INITIAL PURCHASERS, THE GUARANTORS OR ANY OF THEIR RESPECTIVE AFFILIATES HAS ACTED AS ITS FIDUCIARY, OR HAS BEEN RELIED UPON BY IT FOR ANY INVESTMENT ADVICE, IN CONNECTION WITH THE PURCHASE AND HOLDING OF THIS NOTE. 

Each certificate evidencing a Note offered in reliance on Regulation S shall, in addition to the foregoing, bear a legend in
substantially the following form (the “Regulation S Notes Legend”): 
 BY ITS ACQUISITION HEREOF, THE HOLDER
HEREOF REPRESENTS THAT IT IS NOT A U.S. PERSON, NOR IS IT PURCHASING FOR THE ACCOUNT OF A U.S. PERSON, AND IS ACQUIRING THIS SECURITY IN AN OFFSHORE TRANSACTION IN ACCORDANCE WITH REGULATION S UNDER THE SECURITIES ACT. 

(ii) Upon any sale or transfer of a Transfer Restricted Note that is a Definitive Note pursuant to Rule 144
under the Securities Act, the Registrar shall permit the transferee thereof to exchange such Transfer Restricted Note for a Definitive Note that does not bear the Restricted Notes Legend and rescind any restriction on the transfer of such Transfer
Restricted Note, if the transferor thereof certifies in writing to the Registrar that such sale or transfer was made in reliance on Rule 144 (such certification to be in a form of the Form of Transfer Certificate attached to Exhibit A hereto). 

(iii) After a transfer of any Initial Notes during the period of the effectiveness of a shelf registration
statement with respect to such Initial Notes, all requirements pertaining to the Restricted Notes Legend as set forth in this Section 2.16(d) on such Initial Notes shall cease to apply and the requirements that any such Initial Notes be issued
in global form shall continue to apply. 

  
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 (e) Cancellation or Adjustment of Global Note. At such time as all
beneficial interests in a Global Note have either been exchanged for Definitive Notes, redeemed, purchased or canceled, such Global Note shall be returned to the Depository for cancellation or retained and cancelled by the Trustee. At any time prior
to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, purchased or canceled, the principal amount of Notes represented by such Global Note shall be reduced and an adjustment shall be made on
the books and records of the Trustee (if it is then the Notes Custodian for such Global Note) with respect to such Global Note, by the Trustee or the Notes Custodian, to reflect such reduction. 

(f) No Obligation of the Trustee. 

(i) None of the Trustee, Registrar or Paying Agent shall have any responsibility or obligation to any
beneficial owner of a Global Note, a member of, or a participant in the Depository or other Person with respect to the accuracy of the records of the Depository or its nominee or of any participant or member thereof, with respect to any ownership
interest in the Notes or with respect to the delivery to any participant, member, beneficial owner or other Person (other than the Depository) of any notice (including any notice of redemption) or the payment of any amount, under or with respect to
such Notes. All notices and communications to be given to the Holders and all payments to be made to Holders under the Notes shall be given or made only to or upon the order of the registered Holders (which shall be the Depository or its nominee in
the case of a Global Note). The rights of beneficial owners in any Global Note shall be exercised only through the Depository subject to the applicable rules and procedures of the Depository. The Trustee, Registrar and Paying Agent may rely and
shall be fully protected in relying upon information furnished by the Depository with respect to its members, participants and any beneficial owners. 

(ii) Neither the Trustee nor the Registrar shall have any obligation or duty to monitor, determine or inquire
as to compliance with any restrictions on transfer imposed under this Indenture or under applicable law with respect to any transfer of any interest in any Note (including any transfers between or among Depository participants, members or beneficial
owners in any Global Note) other than to require delivery of such certificates and other documentation or evidence as are expressly required by, and to do so if and when expressly required by, the terms of this Indenture, and to examine the same to
determine substantial compliance as to form with the express requirements hereof. 
 SECTION 2.17. Definitive Notes.

 (a) A Global Note deposited with the Depository or with the Trustee as Notes Custodian for the Depository pursuant to
Section 2.02 shall be transferred to the beneficial owners thereof in the form of Definitive Notes in an aggregate principal amount equal to the principal amount of such Global Note, in exchange for such Global Note, only if such transfer
complies with Section 2.16 hereof and (i) the Depository notifies the Issuer that it is unwilling or unable to continue as Depository for such Global Note or if at any time such Depository ceases to be a “clearing agency”
registered under the Exchange Act and, in either case, a successor depository is not appointed by the Issuer within 90 days of such notice or cessation, as applicable, (ii) the Issuer, at its option, notifies the Trustee in writing that it
elects to cause the issuance of Definitive Notes, then, upon surrender by the relevant Global Note Holder of its Global Note, Definitive Notes will be issued to each Person that such Global Note Holder and the Depository identifies as being the
beneficial owner of the related Notes, or (iii) an Event of Default has occurred and is continuing with respect to the Notes and the Depository notifies the Trustee of its decision to exchange the Global Notes for Definitive Notes. 

  
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 (b) Any Global Note that is transferable to the beneficial owners thereof
pursuant to this Section 2.17 shall be surrendered by the Depository to the Trustee at the Corporate Trust Office of the Trustee, to be so transferred, in whole or from time to time in part, without charge, and the Trustee shall authenticate
and deliver, upon such transfer of each portion of such Global Note, an equal aggregate principal amount of Definitive Notes of authorized denominations. Any portion of a Global Note transferred pursuant to this Section 2.17 shall be executed,
authenticated and delivered only in denominations of US$2,000 principal amount or any integral multiple of US$1,000 in excess thereof and registered in such names as the Depository shall direct. Any Definitive Note delivered in exchange for an
interest in the Transfer Restricted Note shall, except as otherwise provided by Section 2.16(d) hereof, bear the applicable Restricted Notes Legend set forth in Section 2.16(d) hereof. 

(c) Subject to the provisions of Section 2.17(b) hereof, the registered Holder of a Global Note shall be entitled to
grant proxies and otherwise authorize any Person, including Agent Members and Persons that may hold interests through Agent Members, to take any action which a Holder is entitled to take under this Indenture or the Notes. 

(d) In the event of the occurrence of one of the events specified in Section 2.17(a) hereof, the Issuer shall promptly
make available to the Trustee a reasonable supply of Definitive Notes in definitive, fully registered form without interest coupons. In the event that the Definitive Notes are not issued to each such beneficial owner promptly after the Registrar has
received a request from the Holder of a Global Note to issue such Definitive Note, the Issuer expressly acknowledges, with respect to the right of any Holder to pursue a remedy pursuant to Article 6 of this Indenture, the right of any beneficial
holder of Notes to pursue such remedy with respect to the portion of the Global Note that represents such beneficial holder’s Notes as if such Definitive Notes had been issued. 

(e) By its acceptance of any Note bearing any legend in Section 2.16(d), each Holder of such Note acknowledges the
restrictions on transfer of such Note set forth in this Indenture and in such legend in Section 2.16(d) and agrees that it shall transfer such Note only as provided in this Indenture. 

The Registrar shall retain for a period of two years copies of all letters, notices and other written communications received
pursuant to Section 2.02 or this Section 2.17. The Issuer shall have the right to inspect and make copies of all such letters, notices or other written communications at any reasonable time upon the giving of reasonable notice to the
Registrar. 
 SECTION 2.18. Computation of Interest. 

Interest on the Notes shall be computed on the basis of a 360-day year of twelve 30-day months. The Initial Notes will bear interest from, and including, the Issue Date. 
 ARTICLE THREE

 REDEMPTION 

SECTION 3.01. Election to Redeem; Notices to Trustee. 

If the Issuer elects to redeem Notes pursuant to paragraph 6 of the Notes, at least 10 days prior to the Redemption Date
(unless a shorter notice shall be agreed to in writing by the Trustee), the Issuer shall notify the Trustee in writing of the Redemption Date, the principal amount of Notes to be redeemed and 

  
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the redemption price, and deliver to the Trustee an Officer’s Certificate stating that such redemption will comply with the conditions contained in paragraph 6 of the Notes. Notice given to
the Trustee pursuant to this Section 3.01 may not be revoked after the time that notice is given to Holders pursuant to Section 3.03, except as provided in Section 3.04. 

SECTION 3.02. Selection by Trustee of Notes To Be Redeemed. 

In the event that less than all of the Notes are to be redeemed at any time pursuant to a redemption made pursuant to
paragraph 6 of such Notes, selection of the Notes for redemption shall be made on a pro rata basis (if the Notes are issued in physical form) or in accordance with the Depository’s applicable procedures (if the Notes are issued in global
form) and in each case, if the Notes are listed on a national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed; provided, however, that no Notes of a
principal amount of $2,000 or less shall be redeemed in part. If a partial redemption is made pursuant to paragraph 6 of the Notes, selection of the Notes or portions thereof for redemption shall be made by the Trustee only on a pro rata
basis or on as nearly a pro rata basis as is practicable (subject to the procedures of the Depository), unless that method is otherwise prohibited. The Trustee shall promptly notify the Issuer of the Notes selected for redemption and, in the
case of any Notes selected for partial redemption, the principal amount thereof to be redeemed. The Trustee may select for redemption portions of the principal of the Notes that have denominations larger than $2,000. For all purposes of this
Indenture unless the context otherwise requires, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Issuer may acquire Notes by means other than redemption, whether
pursuant to an Issuer tender offer, open market purchase or otherwise, provided such acquisition does not otherwise violate the other terms of this Indenture. 

SECTION 3.03. Notice of Redemption. 

At least 10 days, and no more than 60 days, before a Redemption Date, the Issuer shall mail, cause to be mailed, or deliver
electronically if Notes are held by the Depository, notice of redemption to each Holder to be redeemed at his or her last address as the same appears on the registry books maintained by the Registrar pursuant to Section 2.04, except that
redemption notices may be mailed, or delivered electronically if Notes are held by the Depository, more than 60 days prior to a Redemption Date if the notice is issued in connection with a satisfaction and discharge of this Indenture. If the Issuer
mails such notice to Holders, it shall mail a copy of such notice to the Trustee at the same time. 
 The notice shall
identify the Notes to be redeemed (including the CUSIP numbers and ISIN, if any thereof) and shall state: 

(1) the Redemption Date; 

(2) the redemption price and the amount of premium (or the manner of calculation of the redemption price and/or
premium) and accrued interest to be paid; 
 (3) if any Note is being redeemed in part, the portion of the
principal amount of such Note to be redeemed and that, after the Redemption Date and upon surrender of such Note, a new Note or Notes in principal amount equal to the unredeemed portion shall be issued; 

(4) the name and address of the Paying Agent; 

  
 36 

 (5) that Notes called for redemption must be surrendered to
the Paying Agent to collect the redemption price; 
 (6) that unless the Issuer defaults in making the
redemption payment, interest on Notes called for redemption ceases to accrue on and after the Redemption Date; 

(7) that the Notes are being redeemed pursuant to paragraph 6 of the Notes; 

(8) the aggregate principal amount of Notes that are being redeemed; and 

(9) if the redemption is conditional, a description of the applicable conditions and the date by which such
conditions are expected to be satisfied. 
 At the Issuer’s written request made at least five Business Days prior to
the date on which notice is to be given (or such shorter period as the Trustee in its sole discretion may agree), the Trustee shall give the notice of redemption prepared by the Issuer, in the Issuer’s name and at the Issuer’s sole
expense. In such event, the Issuer shall provide the Trustee with the information required by this Section 3.03. 

SECTION 3.04. Effect of Notice of Redemption. 

Except as provided below in the next paragraph, once the notice of redemption described in Section 3.03 is mailed, Notes
called for redemption become due and payable on the Redemption Date and at the redemption price, including any premium, plus interest accrued to the Redemption Date. Upon surrender to the Paying Agent, such Notes shall be paid at the redemption
price, including any premium, plus interest accrued to the Redemption Date; provided that if the Redemption Date is after a regular record date and on or prior to the Interest Payment Date, the accrued interest shall be payable to the Holder
of the redeemed Notes registered on the relevant record date; provided, further, that if a Redemption Date is not a Business Day, payment shall be made on the next succeeding Business Day and no interest shall accrue for the period
from such Redemption Date to such succeeding Business Day. Failure to give notice or any defect in the notice to any Holder shall not affect the validity of the notice to any other Holder. 

Any redemption or notice may, at the Issuer’s option, be subject to the satisfaction of one or more conditions precedent.
If such redemption or notice is subject to satisfaction of one or more conditions precedent, such notice shall state that, in the Issuer’s discretion, the Redemption Date may be delayed until such time as any or all such conditions shall be
satisfied, or such redemption may not occur and such notice may be rescinded in the event that any or all such conditions shall not have been satisfied by the Redemption Date, or by the Redemption Date so delayed. 

The Issuer may provide in any notice that payment of the redemption price and accrued and unpaid interest, if any, and the
performance of the Issuer’s obligations with respect to such redemption may be performed by another Person. 
 SECTION
3.05. Deposit of Redemption Price. 
 On or prior to 11:00 a.m., New York City time, on each Redemption Date,
the Issuer shall deposit with the Paying Agent in immediately available funds money sufficient to pay the redemption price of, including premium, if any, and accrued interest on all Notes to be redeemed on that date other than Notes or portions
thereof called for redemption on that date which have been delivered by the Issuer to the Trustee for cancellation. Promptly after the calculation of the redemption price, the Issuer shall give the Trustee and any Paying Agent written notice
thereof. 

  
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 On and after any Redemption Date, if money sufficient to pay the redemption
price of, including premium, if any, and accrued interest on Notes called for redemption shall have been made available in accordance with the preceding paragraph, the Notes called for redemption shall cease to accrue interest and the only right of
the Holders of such Notes shall be to receive payment of the redemption price of and, subject to the first proviso in Section 3.04, accrued and unpaid interest on such Notes to the Redemption Date. If any Note surrendered for redemption shall
not be so paid, interest shall be paid, from the Redemption Date until such redemption payment is made, on the unpaid principal of the Note and any interest not paid on such unpaid principal, in each case, at the rate and in the manner provided in
the Notes. 
 SECTION 3.06. Notes Redeemed in Part. 

Upon surrender of a Note that is redeemed in part, the Issuer shall execute and the Trustee shall authenticate for the Holder
thereof a new Note equal in principal amount to the unredeemed portion of the Note surrendered. 
 SECTION 3.07.
Mandatory Redemption. 
 Except as set forth in Section 4.08, the Issuer shall not be required to make mandatory
redemption payments with respect to the Notes. 
 ARTICLE FOUR 

COVENANTS 

SECTION 4.01. Payment of Notes. 

The Issuer shall pay the principal of and interest on the Notes on the dates and in the manner provided in the Notes and this
Indenture. An installment of principal or interest shall be considered paid on the date it is due if the Trustee or Paying Agent holds by 11:00 a.m. on that date money designated for and sufficient to pay such installment. 

The Issuer shall pay interest on overdue principal (including post-petition interest in a proceeding under any Bankruptcy
Law), and overdue interest, to the extent lawful, at the rate specified in the Notes. 
 SECTION 4.02. Reports to
Holders. 
 (a) Notwithstanding that the Issuer may not be subject to the reporting requirements of Section 13 or
15(d) of the Exchange Act or otherwise report on an annual and quarterly basis on forms provided for such annual and quarterly reporting pursuant to rules and regulations promulgated by the SEC, the Issuer will file with the SEC (and make available
to the Trustee and Holders of the Notes, without cost to any Holder, within 15 days after it files (or is otherwise required to file) them with the SEC) from and after the Issue Date: 

(1) within 90 days (or any other time period then in effect under the rules and regulations of the Exchange Act
with respect to the filing of a Form 10-K by a non-accelerated filer) after the end of each fiscal year, annual reports on Form
10-K, or any successor or comparable form, containing the information required to be contained therein, or required in such successor or comparable form; 

  
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 (2) within 45 days after the end of each of the first three
fiscal quarters of each fiscal year, reports on Form 10-Q containing all quarterly information that would be required to be contained in Form 10-Q, or any successor or
comparable form; 
 (3) promptly from time to time after the occurrence of an event required to be therein
reported, such other reports on Form 8-K, or any successor or comparable form; and 

(4) any other information, documents and other reports which the Issuer would be required to file with the SEC
if it were subject to Section 13 or 15(d) of the Exchange Act; 
 in each case in a manner that complies in all material
respects with the requirements specified in such form; provided that the Issuer shall not be so obligated to file such reports with the SEC if the SEC does not permit such filing, in which event the Issuer will make available such information
to prospective purchasers of Notes, in addition to providing such information to the Trustee and the Holders of the Notes, in each case within l5 days after the time the Issuer would be required to file such information with the SEC if it were
subject to Section 13 or 15(d) of the Exchange Act. To the extent any such information is not so filed or made available, as applicable, within the time periods specified above and such information is subsequently filed or made available, as
applicable, the Issuer will be deemed to have satisfied its obligations with respect thereto at such time and any Default with respect thereto shall be deemed to have been cured; provided that such cure shall not otherwise affect the rights
of the Holders under Section 6.01 if Holders of at least 25% in aggregate principal amount of the then total outstanding amount of Notes have declared all amounts owing under the Notes to be due and payable immediately and such declaration
shall not have been rescinded or cancelled prior to such cure. 
 (b) Notwithstanding the foregoing, such requirements
shall be deemed satisfied for any particular period or report by (i) the Issuer (or any direct or indirect parent of the Issuer as provided below) filing such reports with the SEC via the EDGAR filing system (or any successor thereto) and such
reports are publicly available or (ii) posting reports that would be required to be filed substantially in the form required by the SEC on the Issuer’s website and providing such reports to the Trustee within 15 days after the time the
Issuer would be required to file such information with the SEC if it were subject to Section 13 or 15(d) of the Exchange Act, with such financial information (including a “Management’s discussion and analysis of financial condition
and results of operations” section) that would be required to be included in such reports, subject to exceptions consistent with the presentation of financial information in the Offering Memorandum, to the extent filed within the times
specified above. 
 (c) In the event that: (1) the rules and regulations of the SEC permit the Issuer and any direct
or indirect parent of the Issuer to report at such parent entity’s level on a consolidated basis and such parent entity is not engaged in any business in any material respect other than incidental to its ownership, directly or indirectly, of
the capital stock of the Issuer, or (2) any direct or indirect parent of the Issuer is or becomes a Guarantor of the Notes, then in each case consolidated reporting at such parent entity’s level in a manner consistent with that described
under the requirements set forth above under this Section 4.02 for the Issuer will satisfy such requirements, and the Issuer is permitted to satisfy its obligations under this Section 4.02 with respect to financial information relating to
the Issuer by furnishing financial information relating to such direct or indirect parent; provided that in the case of clause (2) above such financial information is accompanied by consolidating information that explains in reasonable
detail the differences between the information relating to such direct or indirect parent and any of its Subsidiaries other than the Issuer and its Subsidiaries, on the one hand, and the information relating to the Issuer and its Subsidiaries on a
standalone basis, on the other hand. 

  
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 (d) In addition, to the extent not satisfied by the foregoing, the Issuer
will agree that, for so long as any Notes are outstanding, it will furnish to Holders and to securities analysts and prospective investors, upon their request, the information required to be delivered pursuant to Rule 144A(d)(4) under the Securities
Act. 
 (e) Delivery of such reports and information to the Trustee shall be for informational purposes only and the
Trustee’s receipt of them shall not constitute constructive notice of any information contained therein or determinable from information contained therein (including the Issuer’s compliance with any of its covenants under this Indenture as
to which the Trustee is entitled to rely exclusively on an Officer’s Certificate). 
 SECTION 4.03. Waiver of Stay,
Extension or Usury Laws. 
 Each of the Issuer and the Guarantors covenants (to the extent that it may lawfully do so)
that it shall not at any time insist upon, or plead (as a defense or otherwise) or in any manner whatsoever claim or take the benefit or advantage of, any stay or extension law or any usury law or other law which would prohibit or forgive any of the
Issuer and the Guarantors from paying all or any portion of the principal of, premium, if any, and/or interest on the Notes as contemplated herein, wherever enacted, now or at any time hereafter in force, or which may affect the covenants or the
performance of this Indenture; and (to the extent that they may lawfully do so) each of the Issuer and the Guarantors hereby expressly waives all benefit or advantage of any such law, and covenants that it shall not hinder, delay or impede the
execution of any power herein granted to the Trustee, but shall suffer and permit the execution of every such power as though no such law had been enacted. 

SECTION 4.04. Compliance Certificate; Notice of Default. 

(a) The Issuer shall deliver to the Trustee, within 120 days after the end of each fiscal year beginning with the fiscal year
ending October 29, 2022, an Officer’s Certificate stating that a review of the activities of the Issuer and its Subsidiaries during such fiscal year has been made under the supervision of the signing Officer with a view to determining
whether the Issuer and the Guarantors have kept, observed, performed and fulfilled their obligations under this Indenture, and further stating, as to such Officer signing such certificate, that to his or her knowledge, the Issuer and the Guarantors
have kept, observed, performed and fulfilled each and every covenant contained in this Indenture and no Default occurred during such period (or, if a Default shall have occurred, describing all such Defaults of which he or she may have knowledge and
what action the Issuer is taking or proposes to take with respect thereto). 
 (b) The Issuer shall, so long as any of the
Notes are outstanding, deliver to the Trustee, forthwith upon any Officer becoming aware of any Default, an Officer’s Certificate specifying such Default and what action the Issuer is taking or proposes to take with respect thereto. 

SECTION 4.05. Limitations on Liens. 

(a) The Issuer will not, and will not permit any Restricted Subsidiary to, directly or indirectly, create, incur, assume or
permit or suffer to exist any Lien (other than Permitted Liens) of any nature whatsoever against any assets (including Equity Interests of a Subsidiary) of the Issuer or any Restricted Subsidiary, whether owned at the Issue Date or thereafter
acquired (each, an “Initial Lien”), which Lien secures Indebtedness of the Issuer or any of its Restricted Subsidiaries unless: 

  
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 (1) in the case of Liens securing Indebtedness that is
Subordinated Indebtedness, the Notes or the Note Guarantee of such Restricted Subsidiary, if any, are secured by a Lien on such assets that is senior in priority to such Liens; and 

(2) in all other cases, the Notes or the Note Guarantee of such Restricted Subsidiary, if any, are secured
equally and ratably with or prior to such Liens; 
 provided that any Lien which is granted to secure the Notes or the
Note Guarantee under this covenant shall be discharged at the same time as either (a) the discharge of the Lien that gave rise to the obligation to so secure the Notes or such Note Guarantee, as the case may be, or (b) such Initial Lien
becomes a Permitted Lien (as if created at such time). 
 (b) Notwithstanding paragraph (a) of this Section 4.05,
the Issuer and its Restricted Subsidiaries may, without securing the Notes as set forth in paragraph (a), create, incur, assume or permit or suffer to exist Liens which would otherwise be subject to the restrictions set forth in paragraph
(a) if, after giving effect thereto, and to the retirement of any Indebtedness that is being retired substantially concurrently therewith, the sum of (i) the aggregate principal amount of all outstanding Indebtedness of the Issuer and its
Restricted Subsidiaries secured by Liens other than Permitted Liens and (ii) the aggregate amount of all outstanding refinancing Indebtedness incurred pursuant to clause (24) of the definition of “Permitted Liens” in respect of
Indebtedness initially secured pursuant this paragraph does not at such time exceed the sum of (I) the greater of (x) $702.8 million and (y) 100% of Consolidated EBITDA for the most recently ended Test Period plus (II) the maximum
amount that would not cause the Secured Leverage Ratio at such time to exceed 3.75 to 1.00. 
 For the purposes of
determining compliance with this Section 4.05, notwithstanding anything herein to the contrary, (i) in the event that a Lien meets the criteria of more than one of the categories of Permitted Liens, the Issuer shall, in its sole
discretion, classify such Lien and may divide, classify and later reclassify such Lien in more than one of the types of Permitted Liens (provided that at the time of reclassification it meets the criteria in such category or categories), (ii)
if any Indebtedness or other obligation is secured by any Lien outstanding under any category of Permitted Liens or paragraph (b) above measured by reference to a percentage of Consolidated EBITDA at the time of incurrence of such Indebtedness
or other obligations, and is refinanced by any Indebtedness or other obligation secured by any Lien incurred by reference to such category of Permitted Liens or paragraph (b) above, and such refinancing would cause the percentage of
Consolidated EBITDA to be exceeded if calculated based on the Consolidated EBITDA on the date of such refinancing, such percentage of Consolidated EBITDA shall not be deemed to be exceeded (and such refinancing Lien shall be deemed permitted) so
long as the principal amount of such refinancing Indebtedness or other obligation does not exceed the principal amount of such Indebtedness or other obligation being refinanced, plus the aggregate amount of fees, underwriting discounts, premiums and
other costs and expenses (including accrued and unpaid interest) incurred or payable in connection with such refinancing and (iii) if any Indebtedness or other obligation is secured by any Lien outstanding under any category of Permitted Liens
or paragraph (b) above measured by reference to a dollar amount, and is refinanced by any Indebtedness or other obligation secured by any Lien incurred by reference to such category of Permitted Liens or paragraph (b) above, and such
refinancing would cause such dollar amount to be exceeded, such dollar amount shall not be deemed to be exceeded (and such refinancing Lien shall be deemed permitted) so long as the principal amount of such refinancing Indebtedness or other
obligation does not exceed the principal amount of such Indebtedness being refinanced, plus the aggregate amount of fees, underwriting discounts, premiums and other costs and expenses (including accrued and unpaid interest) incurred or payable in
connection with such refinancing. 

  
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 SECTION 4.06. Future Note Guarantees. 

If, after the Issue Date, (a) any Wholly-Owned Domestic Subsidiary (including any newly formed or newly acquired
Wholly-Owned Domestic Subsidiary) that is not a Guarantor incurs any capital markets Indebtedness or Indebtedness under a Credit Facility (including the Amended Term Loan Credit Agreement), in each case in an aggregate principal amount in excess of
$200.0 million (any such Indebtedness, “Material Indebtedness”), or any Subsidiary (including any newly formed or newly acquired Subsidiary) that is not a Guarantor guarantees any Material Indebtedness of the Issuer or any of
its Domestic Subsidiaries or (b) the Issuer otherwise elects to have any Subsidiary become a Guarantor, then, in each such case, the Issuer shall cause such Subsidiary to (in the case of clause (a), within 60 days of such incurrence or
guarantee): 
 (1) execute and deliver to the Trustee (a) a supplemental indenture in form and substance
satisfactory to the Trustee pursuant to which such Subsidiary shall unconditionally guarantee all of the Issuer’s obligations under the Notes and this Indenture and (b) a notation of guarantee in respect of its Note Guarantee; and 

(2) deliver to the Trustee one or more opinions of counsel that such supplemental indenture (a) has been
duly authorized, executed and delivered by such Subsidiary and (b) constitutes a valid and legally binding obligation of such Subsidiary in accordance with its terms (subject to customary qualifications). 

SECTION 4.07. Existence. 

The Issuer shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its legal
existence and the rights, licenses, permits, privileges and franchises material to the conduct of its business; provided that the foregoing shall not prohibit any merger, consolidation, liquidation or dissolution permitted under
Section 5.01, and the Issuer shall not be required to preserve any such right, franchise, permit, license or legal existence if the Issuer shall determine in good faith the preservation thereof is no longer desirable in the conduct of the
business of the Issuer. 
 SECTION 4.08. Change of Control Offer. 

If a Change of Control Triggering Event occurs, unless the Issuer has exercised its right to redeem the Notes as described in
Article Three and paragraph 6 of the Note, the Issuer will be required to make an offer to purchase all or, at the Holder’s option, any part (equal to $2,000 or any integral multiple of $1,000 in excess thereof) of each Holder’s Notes
pursuant to a Change of Control Offer. 
 In the Change of Control Offer, the Issuer will be required to offer payment in
cash equal to 101% of the aggregate principal amount of Notes to be purchased plus accrued and unpaid interest, if any, on the Notes purchased, to but not including the date of purchase (the “Change of Control Payment”). Within 30
days following any Change of Control Triggering Event, unless the Issuer has exercised its right to redeem the Notes as described in Article Three and paragraph 6 of the Note, the Issuer shall mail, or deliver electronically if Notes are held by the
Depository, a notice to Holders of Notes, with a copy to the Trustee for the Notes, describing the transaction or transactions that constitute the Change of Control Triggering Event and offering to purchase the Notes (a “Change of Control
Offer”) on the date specified in the notice, which date will be no earlier than 10 and no later than 60 days from the date such notice is sent (the “Change of Control Payment Date”), pursuant to the procedures required by
this Indenture and described in such notice. 

  
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 On the Change of Control Payment Date, the Issuer will be required, to the
extent lawful, to: 
 (1) accept for payment all Notes or portions of Notes properly tendered pursuant to the
Change of Control Offer; 
 (2) deposit with the Paying Agent an amount equal to the Change of Control
Payment in respect of all Notes or portions of Notes properly tendered; and 
 (3) deliver or cause to be
delivered to the Trustee the Notes properly accepted, together with an Officer’s Certificate stating the aggregate principal amount of Notes or portions of Notes being purchased. 

The Paying Agent will be required to promptly mail or transfer by wire, to each Holder who properly tendered Notes or portions
thereof, the purchase price for such Notes or portion thereof, and the Trustee shall be required to promptly authenticate and mail (or cause to be transferred by book entry) to each such Holder a new Note equal in principal amount to any unpurchased
portion of the Notes surrendered, if any; provided that each new Note will be in a principal amount of $2,000 or an integral multiple of $1,000 in excess thereof. 

The Issuer will not be required to make a Change of Control Offer upon a Change of Control Triggering Event if a third party
makes such an offer in the manner, at the times and otherwise in compliance with the requirements for an offer made by the Issuer and such third party purchases all Notes or portions thereof properly tendered and not withdrawn under its offer. In
the event that such third party terminates or defaults on its offer, the Issuer will be required to make a Change of Control Offer treating the date of such termination or default as though it were the date of the Change of Control Triggering Event.

 A Change of Control Offer may be made in advance of a Change of Control Triggering Event, and be conditional upon such
Change of Control Triggering Event, if a definitive agreement is in place in respect of the Change of Control at the time of making of the Change of Control Offer. 

The Issuer shall comply with the requirements of applicable securities laws and regulations in connection with the purchase of
the Notes pursuant to a Change of Control Offer. To the extent that the provisions of any securities laws or regulations conflict with the provisions under this Section 4.08, the Issuer shall comply with the applicable securities laws and
regulations. 
 SECTION 4.09. Suspension Event. 

If on any date following the Issue Date (i) the Notes have an Investment Grade Rating from both Moody’s and S&P,
and the Issuer has delivered written notice of such Investment Grade Rating to the Trustee, and (ii) no Default has occurred and is continuing under this Indenture (a “Suspension Event”), then, beginning on that day and
continuing at all times thereafter except as provided in the next succeeding paragraph, Section 4.06 (the “Suspended Covenant”) shall no longer be applicable to the Notes. 

In the event that the Issuer and the Subsidiaries are not subject to the Suspended Covenant under this Indenture for any
period of time as a result of the foregoing, and on any subsequent date (the “Reversion Date”) one or both of the Rating Agencies withdraw their Investment Grade Rating or downgrade the rating assigned to the Notes below an
Investment Grade Rating then the Issuer and the Subsidiaries will thereafter again be subject to the Suspended Covenant under this Indenture with respect to future events. The Issuer will give the Trustee prompt written notice of a Reversion Date.
In the absence of such notice, the Trustee shall be entitled to assume that no Suspension Event or Reversion Date has occurred. 

  
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 The period of time between the Suspension Event and the Reversion Date is
referred to in this Section 4.09 as the “Suspension Period.” Notwithstanding that the Suspended Covenant may be reinstated, no Default will occur or be deemed to have occurred solely as a result of a failure to comply with the
Suspended Covenant during the Suspension Period or the continued existence of circumstances or obligations that occurred without complying with the Suspended Covenant during the Suspension Period. 

ARTICLE FIVE 
 SUCCESSOR
CORPORATION 
 SECTION 5.01. Limitations on Mergers, Consolidations, etc. 

(a) The Issuer will not, directly or indirectly, in a single transaction or a series of related transactions,
(i) consolidate or merge with or into another Person, or sell, lease, transfer, convey or otherwise dispose of all or substantially all of the assets of the Issuer or the Issuer and the Subsidiaries (taken as a whole) or (ii) adopt a Plan
of Liquidation unless, in either case: 
 (1) either: 

(A) the Issuer will be the surviving or continuing Person; or 

(B) the Person formed by or surviving such consolidation or merger or to which such sale, lease, transfer,
conveyance or other disposition shall be made (or, in the case of a Plan of Liquidation, any Person to which assets are transferred) (collectively, the “Successor”) is a corporation, limited liability company or limited partnership
organized and existing under the laws of any State of the United States of America or the District of Columbia, and the Successor expressly assumes, by supplemental indenture in form and substance reasonably satisfactory to the Trustee, all of the
obligations of the Issuer under the Notes and this Indenture; 
 (2) immediately after giving effect to such
transaction and the assumption of the obligations as set forth in clause (1)(B) above and the incurrence of any Indebtedness to be incurred in connection therewith, and the use of any net proceeds therefrom on a pro forma basis, no Default
shall have occurred and be continuing; 
 (3) each Guarantor, unless it is the other party to such
transactions, in which case clause (1)(B) of Section 5.01(b)shall apply, shall have, by supplemental indenture, confirmed that its Note Guarantee shall apply to such Person’s obligations under this Indenture and the Notes; and 

(4) the Issuer shall have delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel,
each stating that such consolidation, merger or transfer and such supplemental indenture (if any) comply with this covenant and the applicable provisions of this Indenture. 

(b) Except as provided in Section 10.04, no Guarantor may consolidate with or merge with or into (whether or not such
Guarantor is the surviving Person) another Person, unless: 
 (1) either: 

  
 44 

 (A) such Guarantor shall be the surviving or continuing
Person; or 
 (B) the Person formed by or surviving any such consolidation or merger is another Guarantor or
assumes, by agreements in form and substance reasonably satisfactory to the Trustee, all of the obligations of such Guarantor under the Note Guarantee of such Guarantor and this Indenture; 

(2) immediately after giving effect to such transaction, no Default shall have occurred and be continuing; and

 (3) the Issuer shall have delivered to the Trustee an Officer’s Certificate and an Opinion of
Counsel, each stating that such consolidation, merger or transfer and such agreements (if any) comply with this covenant and the applicable provisions of this Indenture. 

(c) For purposes of the foregoing, the transfer (by lease, assignment, sale or otherwise, in a single transaction or series of
transactions) of all or substantially all of the properties or assets of one or more Subsidiaries, the Equity Interests of which constitute all or substantially all of the properties and assets of the Issuer, shall be deemed to be the transfer of
all or substantially all of the properties and assets of the Issuer. 
 (d) Notwithstanding the foregoing, any Subsidiary
may (i) consolidate with, merge with or into or sell, convey, transfer lease or otherwise dispose of, in one transaction or a series of transactions, all or substantially all of its assets to the issuer or another Subsidiary,
(ii) consolidate with or merge with or into an Affiliate incorporated or organized for the purpose of changing the legal domicile of the Subsidiary, reincorporating the Subsidiary in another jurisdiction, or changing the legal form of the
Subsidiary, (iii) convert into a corporation, partnership, limited partnership, limited liability company or trust organized or existing under the laws of the jurisdiction of organization of such Subsidiary, (iv) liquidate or dissolve if
the Issuer determines in good faith that such action is in the best interests of the Issuer and (v) complete any reorganizations and other activities related to tax planning and tax reorganization (as determined by the Issuer in good faith, a
“Permitted Tax Restructuring”) entered into prior to, on or after the Issue Date so long as such Permitted Tax Restructuring is not materially adverse to the Holders of the Notes; provided if such Subsidiary is a Guarantor,
that the surviving entity remains or becomes a Guarantor. In addition, notwithstanding anything to the contrary in this covenant, the Issuer may contribute capital stock of any or all of its Subsidiaries to any Guarantor. 

SECTION 5.02. Successor Person Substituted. 

Upon any consolidation or merger of the Issuer or a Guarantor or any sale, lease, transfer, conveyance or other disposition of
all or substantially all of the assets of the Issuer or any Guarantor in accordance with Section 5.01, in which the Issuer or such Guarantor is not the continuing obligor under the Notes or the relevant Note Guarantee, the surviving entity
formed by such consolidation or into which the Issuer or such Guarantor is merged or the Person to which the conveyance, lease or transfer is made shall succeed to, and be substituted for, and may exercise every right and power of, the Issuer or
such Guarantor, as the case may be, under this Indenture, the Notes and the Note Guarantees, as applicable, with the same effect as if such surviving entity had been named herein as the Issuer or such Guarantor and, except in the case of a lease,
the Issuer or such Guarantor, as the case may be, shall be released from the obligation to pay the principal of and interest on the Notes or in respect of the relevant Note Guarantee, as the case may be, and all of the Issuer’s or such
Guarantor’s other obligations and covenants under the Notes, this Indenture and the relevant Note Guarantee, if applicable. 

  
 45 

 ARTICLE SIX 

DEFAULTS AND REMEDIES 

SECTION 6.01. Events of Default. 

Each of the following shall be an “Event of Default”: 

(1) failure by the Issuer to pay interest on any of the Notes when it becomes due and payable and the
continuance of any such failure for 30 days; 
 (2) failure by the Issuer to pay the principal on any of the
Notes when it becomes due and payable, whether at stated maturity, upon redemption, upon purchase, upon acceleration or otherwise; 

(3) failure by the Issuer to comply with any agreement or covenant in this Indenture and continuance of this
failure for 60 days after notice; 
 (4) default under any mortgage, indenture or other instrument or
agreement under which there may be issued or by which there may be secured or evidenced Indebtedness for borrowed money of the Issuer or any Significant Subsidiary, whether such Indebtedness now exists or is incurred after the Issue Date, which
default: 
 (a) is caused by a failure to pay at final maturity principal on such Indebtedness within the
applicable express grace period and any extensions thereof, or 
 (b) results in the acceleration of such
Indebtedness prior to its express final maturity, and 
 in each case, the principal amount of such Indebtedness, together
with any other Indebtedness with respect to which an event described in clause (a) or (b) has occurred and is continuing, aggregates $100.0 million or more (and provided that, for purposes of this clause (4) only,
“Indebtedness” shall include any Hedging Obligations and the “principal amount” of any Hedging Obligations at any time shall be the Swap Termination Value thereof); 

(5) one or more final, non-appealable judgments or orders that exceed
$100.0 million in the aggregate (net of amounts covered by insurance or bonded) for the payment of money have been entered by a court or courts of competent jurisdiction against the Issuer or any Significant Subsidiary and such final judgment
or judgments have not been satisfied, stayed, annulled or rescinded within 60 days of being entered; 
 (6)
the Issuer or any Significant Subsidiary pursuant to or within the meaning of any Bankruptcy Law: 
 (a)
commences a voluntary case, 
 (b) consents to the entry of an order for relief against it in an involuntary
case, 

  
 46 

 (c) consents to the appointment of a Custodian of it or for
all or substantially all of its assets, or 
 (d) makes a general assignment for the benefit of its
creditors; 
 (7) a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that:

 (a) is for relief against the Issuer or any Significant Subsidiary as debtor in an involuntary case, 

(b) appoints a Custodian of the Issuer or any Significant Subsidiary or a Custodian for all or substantially
all of the assets of the Issuer or any Significant Subsidiary, or 
 (c) orders the liquidation of the Issuer
or any Significant Subsidiary, 
 and the order or decree remains unstayed and in effect for 60 days; or 

(8) any Note Guarantee of a Significant Subsidiary ceases to be in full force and effect (other than in
accordance with the terms of such Note Guarantee and this Indenture) or is declared null and void and unenforceable or found to be invalid or any Guarantor denies its liability in writing under its Note Guarantee (other than by reason of release of
a Guarantor from its Note Guarantee in accordance with the terms of this Indenture and the Note Guarantee). 
 However, a
default under clauses (3), (4) and (5) will not constitute an Event of Default until the Trustee or the holders of at least 25% in principal amount of the outstanding Notes notify the Issuer of the default and the Issuer does not cure such
default within the applicable time specified in clauses (3), (4) and (5) after receipt of such notice. 
 SECTION 6.02.
Acceleration. 
 If an Event of Default specified in clause (6) or (7) of Section 6.01 with respect to
the Issuer or any Significant Subsidiary occurs, all outstanding Notes shall become due and payable without any further action or notice. If any other Event of Default (other than an Event of Default specified in clause (6) or (7) of
Section 6.01 with respect to the Issuer or any Significant Subsidiary) shall have occurred and be continuing hereunder, the Trustee, by written notice to the Issuer, or the Holders of at least 25% in aggregate principal amount of the Notes then
outstanding by written notice to the Issuer and the Trustee, may declare all amounts owing under the Notes to be due and payable. Upon such declaration of acceleration, the aggregate principal of and accrued and unpaid interest on the outstanding
Notes shall immediately become due and payable; provided, however, that after such acceleration, but before a judgment or decree based on acceleration, the Holders of a majority in aggregate principal amount of such outstanding Notes
may rescind and annul such acceleration if all Events of Default, other than the nonpayment of accelerated principal and interest, have been cured or waived as provided in this Indenture. 

SECTION 6.03. Other Remedies. 

If an Event of Default occurs and is continuing, the Trustee may pursue any available remedy by proceeding at law or in equity
to collect the payment of principal of, or premium, if any, and interest on the Notes or to enforce the performance of any provision of the Notes and this Indenture and may take any 

  
 47 

 
necessary action requested of it as Trustee to settle, compromise, adjust or otherwise conclude any proceedings to which it is a party. 

The Trustee may maintain a proceeding even if it does not possess any of the Notes or does not produce any of them in the
proceeding. A delay or omission by the Trustee or any Holder in exercising any right or remedy accruing upon an Event of Default shall not impair the right or remedy or constitute a waiver of or acquiescence in the Event of Default. No remedy is
exclusive of any other remedy. All available remedies are cumulative. Any costs associated with actions taken by the Trustee under this Section 6.03 shall be reimbursed to the Trustee by the Issuer. 

SECTION 6.04. Waiver of Past Defaults and Events of Default. 

Subject to Sections 6.02, 6.08 and 8.02, the Holders of a majority in aggregate principal amount of the Notes then outstanding
have the right to waive any existing Default or compliance with any provision of this Indenture or the Notes. Upon any such waiver, such Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured for
every purpose of this Indenture; but no such waiver shall extend to any subsequent or other Default or impair any right consequent thereto. 

SECTION 6.05. Control by Majority. 

The Holders of a majority in aggregate principal amount of the then outstanding Notes may direct the time, method and place of
conducting any proceeding for any remedy available to the Trustee or exercising any trust or power conferred on the Trustee by this Indenture. The Trustee, however, may refuse to follow any direction that conflicts with law or this Indenture or that
the Trustee determines may be unduly prejudicial to the rights of another Holder not taking part in such direction, and the Trustee shall have the right to decline to follow any such direction if the Trustee, being advised by counsel, determines
that the action so directed may not lawfully be taken or if the Trustee in good faith shall, by a Responsible Officer, determine that the proceedings so directed may result in costs and expenses of the Trustee for which it has no source of payment
or recovery or involve it in personal liability; provided that the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction. 

SECTION 6.06. Limitation on Suits. 

No Holder shall have any right to institute any proceeding with respect to this Indenture or for any remedy thereunder, unless
the Trustee: 
 (1) has failed to act for a period of 60 days after receiving written notice of a continuing
Event of Default by such Holder and a request to act by Holders of at least 25% in aggregate principal amount of Notes outstanding; 

(2) has been offered security and indemnity satisfactory to it in its reasonable judgment; and 

(3) has not received from the Holders of a majority in aggregate principal amount of the outstanding Notes a
direction inconsistent with such request. 
 However, such limitations do not apply to a suit instituted by a Holder of any
Note in accordance with Section 6.08 (after giving effect to the grace period specified in clause (1) of Section 6.01). 

  
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 SECTION 6.07. No Personal Liability of Directors, Officers, Employees and
Stockholders. 
 No director, officer, employee, incorporator or stockholder of the Issuer or any Guarantor shall have
any liability for any obligations of the Issuer under the Notes or this Indenture or of any Guarantor under its Note Guarantee or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder by accepting a
Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes and the Note Guarantees. 

SECTION 6.08. Rights of Holders to Receive Payment. 

Notwithstanding any other provision of this Indenture, the right of any Holder to receive payment of principal of, or premium,
if any, and interest on the Notes on or after the respective due dates expressed in the Note, or to bring suit for the enforcement of any such payment on or after such respective dates, is absolute and unconditional and shall not be impaired or
affected without the consent of the Holder. 
 SECTION 6.09. Collection Suit by Trustee. 

If an Event of Default in payment of principal, premium or interest specified in clause (1) or (2) of
Section 6.01 occurs and is continuing, the Trustee may recover judgment in its own name and as trustee of an express trust against the Issuer or any Guarantor (or any other obligor on the Notes) for the whole amount of unpaid principal, premium
and accrued interest remaining unpaid, together with interest on overdue principal and, to the extent that payment of such interest is lawful, interest on overdue installments of interest, in each case at the rate set forth in the Notes. 

SECTION 6.10. Trustee May File Proofs of Claim. 

The Trustee may file such proofs of claim and other papers or documents as may be necessary or advisable in order to have the
claims of the Trustee and the Holders allowed in any judicial proceedings relative to the Issuer or any Guarantor (or any other obligor upon the Notes), their respective creditors or their respective property and shall be entitled and empowered to
collect and receive any monies or other property payable or deliverable on any such claims and to distribute the same after deduction of its charges and expenses to the extent that any such charges and expenses are not paid out of the estate in any
such proceedings, and any custodian in any such judicial proceeding is hereby authorized by each Holder to make such payments to the Trustee, and in the event that the Trustee shall consent to the making of such payments directly to the Holders, to
pay to the Trustee any amount due to it for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due to the Trustee under Section 7.07. 

Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of
any Holder any plan or reorganization, arrangement, adjustment or composition affecting the Notes or the rights of any Holder thereof, or to authorize the Trustee to vote in respect of the claim of any Holder in any such proceedings. 

SECTION 6.11. Priorities. 

If the Trustee collects any money pursuant to this Article Six, it shall pay out the money in the following order: 

FIRST: to the Trustee for amounts due under Section 7.07; 

  
 49 

 SECOND: to Holders for amounts due and unpaid on the Notes
for principal, premium, if any, and interest as to each, ratably, without preference or priority of any kind, according to the amounts due and payable on the Notes; and 

THIRD: to the Issuer or, to the extent the Trustee collects any amount from any Guarantor, to such Guarantor.

 The Trustee may fix a record date and payment date for any payment to Holders pursuant to this Section 6.11. At
least 15 days before such record date, the Trustee shall mail to each Holder and the Issuer a notice that states the record date, the payment date and the amount to be paid. 

SECTION 6.12. Undertaking for Costs. 

In any suit for the enforcement of any right or remedy hereunder or in any suit against the Trustee for any action taken or
omitted by it as Trustee, a court in its discretion may require the filing by any party litigant in the suit of an undertaking to pay the costs of the suit, and the court in its discretion may assess reasonable costs, including reasonable
attorneys’ fees, against any party litigant in the suit, having due regard to the merits and good faith of the claims or defenses made by the party litigant. This Section 6.12 does not apply to a suit by the Trustee, a suit by a Holder
pursuant to Section 6.08 or a suit by Holders of more than 10% in principal amount of the Notes then outstanding. 
 ARTICLE SEVEN 

TRUSTEE 
 SECTION
7.01. Duties of Trustee. 
 (a) If an Event of Default actually known to a Responsible Officer of the Trustee has
occurred and is continuing, the Trustee shall, in the exercise of its power, use the degree of care of a prudent person in similar circumstances in the conduct of his or her own affairs. 

(b) Except during the continuance of an Event of Default: 

(1) the Trustee need perform only those duties that are specifically set forth in this Indenture and no
others; and 
 (2) in the absence of bad faith on its part, the Trustee may conclusively rely, as to the
truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture but, in the case of any such certificates or opinions which by
any provision hereof are required to be furnished to the Trustee, the Trustee shall be under a duty to examine the same to determine whether they conform on their face to the requirements hereof (but need not confirm or investigate the accuracy of
mathematical calculations or other facts stated therein). 
 (c) The Trustee may not be relieved from liability for its own
negligent action, its own negligent failure to act, or its own willful misconduct, except that: 

  
 50 

 (1) this clause (c) does not limit the effect of clause
(b) of this Section 7.01; 
 (2) the Trustee shall not be liable for any error of judgment made in
good faith, unless it is proved that the Trustee was negligent in ascertaining the pertinent facts; 
 (3)
the Trustee shall not be liable with respect to any action it takes or omits to take in good faith in accordance with a direction received by it pursuant to the terms hereof; and 

(4) no provision hereof shall require the Trustee to expend or risk its own funds or otherwise incur any
financial liability in the performance of any of its rights, powers or duties if it shall have reasonable grounds for believing that repayment of such funds or adequate indemnity satisfactory to it against such risk or liability is not reasonably
assured to it. 
 (d) Whether or not therein expressly so provided, paragraphs (a), (b), (c) and (e) of this
Section 7.01 shall govern every provision of this Indenture that in any way relates to the Trustee. 
 (e) The Trustee
shall be under no obligation to exercise any of its rights or powers hereunder at the request of any Holder of Notes unless such Holder of Notes shall have offered to the Trustee security and indemnity satisfactory to the Trustee. 

(f) The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree in writing with
the Issuer or any Guarantor. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by the law. 

(g) Every provision of this Indenture relating to the conduct or affecting the liability of or affording protection to the
Trustee shall be subject to the provisions of this Section 7.01. 
 SECTION 7.02. Rights of Trustee. 

Subject to Section 7.01: 

(1) The Trustee may rely on any document reasonably believed by it to be genuine and to have been signed or
presented by the proper person. The Trustee need not investigate any fact or matter stated in the document. 

(2) Before the Trustee acts or refrains from acting, it may require an Officer’s Certificate or an Opinion
of Counsel, or both, which shall conform to the provisions of Section 11.05. The Trustee shall be protected and shall not be liable for any action it takes or omits to take in good faith in reliance on such certificate or opinion. 

(3) The Trustee may act through its attorneys and agents and shall not be responsible for the misconduct or
negligence of any agent appointed by it with due care. 
 (4) The Trustee shall not be liable for any action
it takes or omits to take in good faith which it reasonably believes to be authorized or within its rights or powers; provided that the Trustee’s conduct does not constitute negligence or willful misconduct. 

  
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 (5) The Trustee may consult with counsel of its selection,
and the advice or opinion of such counsel as to matters of law shall be full and complete authorization and protection from liability in respect of any action taken, omitted or suffered by it hereunder in good faith and in accordance with the advice
or opinion of such counsel. 
 (6) The Trustee shall not be deemed to have knowledge of any Default or Event
of Default except (i) any Event of Default occurring pursuant to clause (1) or (2) of Section 6.01 or (ii) any Event of Default of which the Trustee shall have received written notification, and the notice references this
Indenture and identifies the specific Event of Default. In the absence of such notice, the Trustee may conclusively assume there is no Default except as aforesaid. 

(7) The Trustee shall be under no obligation to exercise any of its rights or powers hereunder at the request
of any Holder of Notes unless such Holder of Notes shall have offered to the Trustee security and indemnity satisfactory to the Trustee. 

(8) The Trustee shall not be bound to make any investigation into the facts or matters stated in any
resolution, certificate (including any Officer’s Certificate), statement, instrument, opinion (including any Opinion of Counsel), notice, request, direction, consent, order, bond, debenture, note, other evidence of Indebtedness or other paper
or document, but the Trustee, in its discretion, may make such further inquiry or investigation into such facts or matters as it may see fit and, if the Trustee shall determine to make such further inquiry or investigation, it shall be entitled,
upon reasonable notice to the Issuer, to examine the books, records, and premises of the Issuer, personally or by agent or attorney at the sole cost of the investigation. 

(9) The Trustee shall not be required to give any bond or surety in respect of the performance of its powers
and duties hereunder. 
 (10) The permissive rights of the Trustee to do things enumerated in this Indenture
shall not be construed as duties hereunder. 
 (11) The rights, privileges, protections, immunities and
benefits given to the Trustee, including, without limitation, its right to be indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder, and to each agent, custodian and other Person employed to act
hereunder. 
 (12) Delivery of reports, information and documents to the Trustee under Section 4.02 is
for informational purposes only and the Trustee’s receipt of the foregoing shall not constitute constructive notice of any information contained therein, including the Issuer’s compliance with any of its covenants hereunder (as which the
Trustee is entitled to rely exclusively on the Officer’s Certificate). 
 (13) In no event shall the
Trustee be responsible for special, indirect, punitive or consequential loss or damage of any kind whatsoever (including, but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the possibility of such loss or
damage and regardless of the form of action. 
 SECTION 7.03. Individual Rights of Trustee. 

The Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may make loans to, accept
deposits from, perform services for or otherwise deal with the Issuer or any 

  
 52 

 
Guarantor, or any Affiliates thereof, with the same rights it would have if it were not Trustee. Any Agent may do the same with like rights. The Trustee, however, shall be subject to
Section 7.10. 
 SECTION 7.04. Trustee’s Disclaimer. 

The Trustee shall not be responsible for and makes no representation as to the validity or adequacy of this Indenture or the
Notes or the Note Guarantees, it shall not be accountable for the Issuer’s or any Guarantor’s use of the proceeds from the sale of Notes or any money paid to the Issuer or any Guarantor pursuant to the terms of this Indenture and it shall
not be responsible for the use or application of money received by any Paying Agent other than the Trustee. The Trustee shall not be responsible for any statement in the Notes, Note Guarantee, this Indenture or any other document in connection with
the sale of the Notes other than its certificate of authentication. 
 SECTION 7.05. Notice of Defaults. 

The Trustee shall, within 90 days after the occurrence of any Default with respect to the Notes (which the Trustee is aware of
pursuant to Section 7.02(6) hereof), give the Holders notice of all uncured Defaults thereunder known to it; provided, however, that, except in the case of an Event of Default in payment with respect to the Notes or a Default in
complying with Section 5.01, the Trustee shall be protected in withholding such notice if and so long as it in good faith determines that the withholding of such notice is not opposed to the interest of the Holders. 

SECTION 7.06. [Reserved]. 

SECTION 7.07. Compensation and Indemnity. 

The Issuer and the Guarantors shall pay to the Trustee and Agents from time to time reasonable compensation for its services
hereunder (which compensation shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust) as agreed to from time to time by the Trustee and the Issuer. The Issuer and the Guarantors shall reimburse
the Trustee and Agents upon request for all reasonable out-of-pocket disbursements, expenses and advances incurred or made by it in connection with its duties under this
Indenture, including the reasonable compensation, disbursements and expenses of the Trustee’s agents and counsel. 

The Issuer and the Guarantors shall indemnify each of the Trustee and any predecessor Trustee for, and hold each of them
harmless against, any and all loss, damage, claim, liability or expense, including without limitation taxes (other than taxes based on the income of the Trustee or such Agent) and reasonable attorneys’ fees and expenses incurred by each of them
in connection with the acceptance or performance of its duties, or otherwise arising, under this Indenture including the reasonable costs and expenses of defending itself against any claim (whether brought by the Issuer, Guarantors, Holders or
otherwise) or liability in connection with the exercise or performance of any of its powers or duties hereunder (including, without limitation, settlement costs). The Trustee or Agent shall notify the Issuer and the Guarantors in writing promptly of
any claim asserted against the Trustee or Agent for which it may seek indemnity. However, the failure by the Trustee or Agent to so notify the Issuer and the Guarantors shall not relieve the Issuer and Guarantors of their obligations hereunder
except to the extent the Issuer and the Guarantors are prejudiced thereby. 
 Notwithstanding the foregoing, the Issuer and
the Guarantors need not reimburse the Trustee for any expense or indemnify it against any loss or liability incurred by the Trustee through its negligence, bad faith or willful misconduct. To secure the payment obligations of the Issuer and the
Guarantors in this 

  
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Section 7.07, the Trustee shall have a lien prior to the Notes on all money or property held or collected by the Trustee except such money or property held in trust to pay principal of and
interest on particular Notes. The obligations of the Issuer and the Guarantors under this Section 7.07 to compensate and indemnify the Trustee, Agents and each predecessor Trustee and to pay or reimburse the Trustee, Agents and each predecessor
Trustee for expenses, disbursements and advances shall survive the resignation or removal of the Trustee and the satisfaction, discharge or other termination of this Indenture, including any termination or rejection hereof under any Bankruptcy Law.

 When the Trustee incurs expenses or renders services after an Event of Default specified in clause (6) or (7) of
Section 6.01 occurs, the expenses and the compensation for the services are intended to constitute expenses of administration under any Bankruptcy Law. 

For purposes of this Section 7.07, the term “Trustee” shall include any trustee appointed pursuant to this
Article Seven. 
 SECTION 7.08. Replacement of Trustee. 

The Trustee may resign by so notifying the Issuer and the Guarantors in writing. The Holders of a majority in aggregate
principal amount of the outstanding Notes may remove the Trustee by notifying the Issuer and the removed Trustee in writing and may appoint a successor Trustee with the Issuer’s written consent, which consent shall not be unreasonably withheld.
The Issuer may remove the Trustee at its election if: 
 (1) the Trustee fails to comply with
Section 7.10; 
 (2) the Trustee is adjudged to be bankrupt or insolvent; 

(3) a receiver or other public officer takes charge of the Trustee or its property; or 

(4) the Trustee otherwise becomes incapable of acting. 

If the Trustee resigns or is removed or if a vacancy exists in the office of Trustee for any reason, the Issuer shall promptly
appoint a successor Trustee. If a Trustee is removed with or without cause, all fees and expenses (including the reasonable fees and expenses of counsel) of the Trustee incurred in the administration of the trust or in performing the duties
hereunder shall be paid to the Trustee. 
 If a successor Trustee does not take office within 60 days after the retiring
Trustee resigns or is removed, the retiring Trustee, the Issuer or the Holders of at least 10% in principal amount of the outstanding Notes may petition any court of competent jurisdiction, at the expense of the Issuer, for the appointment of a
successor Trustee. 
 If the Trustee fails to comply with Section 7.10, any Holder may petition any court of competent
jurisdiction for the removal of the Trustee and the appointment of a successor Trustee. 
 A successor Trustee shall deliver
a written acceptance of its appointment to the retiring Trustee and to the Issuer. Immediately following such delivery, the retiring Trustee shall, subject to its rights under Section 7.07, transfer all property held by it as Trustee to the
successor Trustee, the resignation or removal of the retiring Trustee shall become effective, and the successor Trustee shall have all the rights, powers and duties of the Trustee under this Indenture. A successor Trustee shall mail notice of its
succession to 

  
 54 

 
each Holder. Notwithstanding replacement of the Trustee pursuant to this Section 7.08, the Issuer obligations under Section 7.07 shall continue for the benefit of the retiring Trustee.

 SECTION 7.09. Successor Trustee by Consolidation, Merger, etc. 

Any corporation or other entity into which the Trustee may be merged or with which it may be consolidated, or any corporation
or other entity, resulting from any merger or consolidation to which the Trustee shall be a party, or any state or national bank or trust company in any manner succeeding to the corporate trust business of the Trustee shall be the successor of the
Trustee hereunder without any further act on the part of the parties hereto; provided such entity shall be otherwise qualified and eligible under this Article Seven. 

SECTION 7.10. Eligibility; Disqualification. 

The Trustee (together with its corporate parent) shall have a combined capital and surplus of at least $50,000,000 as set
forth in the most recent applicable published annual report of condition. 
 SECTION 7.11. Paying Agents. 

The Issuer shall cause each Paying Agent other than the Trustee to execute and deliver to it and the Trustee an instrument in
which such agent shall agree with the Trustee, subject to the provisions of this Section 7.11: 
 (A)
that it shall hold all sums held by it as agent for the payment of principal of, or premium, if any, or interest on, the Notes (whether such sums have been paid to it by the Issuer or by any other obligor on the Notes) in trust for the benefit of
Holders or the Trustee; 
 (B) that it shall at any time during the continuance of any Event of Default, upon
written request from the Trustee, deliver to the Trustee all sums so held in trust by it together with a full accounting thereof; and 

(C) that it shall give the Trustee written notice within three (3) Business Days of any failure of the
Issuer (or by any obligor on the Notes) in the payment of any installment of the principal of, premium, if any, or interest on, the Notes when the same shall be due and payable. 

ARTICLE EIGHT 
 AMENDMENTS,
SUPPLEMENTS AND WAIVERS 
 SECTION 8.01. Without Consent of Holders. 

The Issuer and the Trustee may amend, waive or supplement this Indenture, the Note Guarantees or the Notes without prior
notice to or consent of any Holder to: 
 (1) provide for the assumption of the Issuer’s or a
Guarantor’s obligations to the Holders in accordance with Section 5.01; 
 (2) provide for
uncertificated Notes in addition to or in place of certificated Notes; 

  
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 (3) cure any ambiguity, defect or inconsistency; 

(4) add any guarantees with respect to the Notes, including the Note Guarantees; 

(5) release any Guarantor from any of its obligations under its Note Guarantee or this Indenture (to the extent
permitted by this Indenture); 
 (6) comply with any requirement of the SEC in connection with any required
qualification of this Indenture under the TIA; 
 (7) secure the Notes; 

(8) provide for the issuance of Additional Notes in accordance with the provisions set forth in this Indenture;

 (9) add to the covenants of the Issuer or a Subsidiary for the benefit of the Holders of the Notes or to
surrender any right or power conferred upon the Issuer or a Subsidiary; 
 (10) evidence and provide for the
acceptance of appointment by a successor trustee with respect to the Notes and to add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts thereunder by more than
one trustee; 
 (11) conform the text of this Indenture, the Notes or the Note Guarantees to any provision of
the “Description of Notes” in the Offering Memorandum to the extent that such provision in the “Description of Notes” was intended to be a verbatim recitation of a provision of this Indenture, the Notes or the Note Guarantees; or

 (12) to make any change that does not materially adversely affect the rights of any Holder hereunder. 

The Trustee is hereby authorized to join with the Issuer in the execution of any supplemental indenture authorized or
permitted by the terms of this Indenture and to make any further appropriate agreements and stipulations which may be therein contained, but the Trustee shall not be obligated to enter into any such supplemental indenture which adversely affects its
own rights, duties or immunities under this Indenture. 
 SECTION 8.02. With Consent of Holders. 

This Indenture and the Notes may be amended with the consent (which may include consents obtained in connection with a tender
offer or exchange offer for Notes) of the Holders of at least a majority in aggregate principal amount of the Notes then outstanding, and any existing Default under, or compliance with any provision of, this Indenture may be waived (other than any
continuing Default in the payment of the principal or interest on the Notes, except a rescission of acceleration of the Notes by the Holders thereof as provided in this Indenture and a waiver of the payment default that resulted from such
acceleration) with the consent (which may include consents obtained in connection with a tender offer or exchange offer for Notes) of the Holders of a majority in aggregate principal amount of the Notes then outstanding; provided that,
without the consent of each Holder affected, no amendment or waiver may: 
 (1) reduce or change the maturity
or the principal of any Note; 

  
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 (2) reduce the rate of or extend the time for payment of
interest on any Note; 
 (3) reduce any premium payable upon redemption of the Notes or change the date on,
or the circumstances under, which any Notes are subject to redemption (other than provisions relating to the purchase of Notes described in Section 4.08, except that if a Change of Control Triggering Event has occurred, no amendment or other
modification of the obligation of the Issuer to make a Change of Control Offer relating to such Change of Control Triggering Event shall be made without the consent of each Holder of the Notes affected); 

(4) make any Note payable in money or currency other than that stated in the Notes; 

(5) modify or change any provision of this Indenture or the related definitions to affect the ranking of the
Notes or any Note Guarantee in a manner that adversely affects the Holders; 
 (6) reduce the percentage of
Holders necessary to consent to an amendment or waiver to this Indenture or the Notes; 
 (7) waive a default
in the payment of principal of or premium or interest on any Notes (except a rescission of acceleration of the Notes by the Holders thereof as provided in this Indenture and a waiver of the payment default that resulted from such acceleration); 

(8) impair the contractual right of Holders to receive payments of principal of or interest on the Notes on or
after the due date therefor; 
 (9) impair the right of Holders to institute suit for the enforcement of any
payment on the Notes on or after the due date thereof; or 
 (10) release any Guarantor that is a Significant
Subsidiary from any of its obligations under its Note Guarantee or this Indenture, except as permitted by this Indenture, or amend the definition of Significant Subsidiary in a manner adverse to Holders. 

After an amendment, supplement or waiver under this Section 8.02 becomes effective, the Issuer shall deliver to the
Holders a notice briefly describing the amendment, supplement or waiver. Any failure of the Issuer to deliver such notice, or any defect therein, shall not in any way impair or affect the validity of the amendment, supplement or waiver. 

Upon the written request of the Issuer, accompanied by a Board Resolution authorizing the execution of any such supplemental
indenture, and upon the receipt by the Trustee of evidence reasonably satisfactory to the Trustee of the consent of the Holders as aforesaid and upon receipt by the Trustee of the documents described in Section 8.05, the Trustee shall join with
the Issuer in the execution of such supplemental indenture unless such supplemental indenture affects the Trustee’s own rights, duties or immunities under this Indenture, in which case the Trustee may, but shall not be obligated to, enter into
such supplemental indenture. 
 It shall not be necessary for the consent of the Holders under this Section 8.02 to
approve the particular form of any proposed amendment, supplement or waiver, but it shall be sufficient if such consent approves the substance thereof. 

  
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 SECTION 8.03. Revocation and Effect of Consents. 

Until an amendment, supplement, waiver or other action becomes effective, a consent to it by a Holder is a continuing consent
conclusive and binding upon such Holder and every subsequent Holder of the same Note or portion thereof, and of any Note issued upon the transfer thereof or in exchange therefor or in place thereof, even if notation of the consent is not made on any
such Note. Any such Holder or subsequent Holder, however, may revoke the consent as to his Note or portion of a Note, if the Trustee receives the written notice of revocation before the date the amendment, supplement, waiver or other action becomes
effective. 
 The Issuer may, but shall not be obligated to, fix a record date for the purpose of determining the Holders
entitled to consent to any amendment, supplement, or waiver. If a record date is fixed, then, notwithstanding the preceding paragraph, those Persons who were Holders at such record date (or their duly designated proxies), and only such Persons,
shall be entitled to consent to such amendment, supplement, or waiver or to revoke any consent previously given, whether or not such Persons continue to be Holders after such record date. 

After an amendment, supplement, waiver or other action becomes effective, it shall bind every Holder, unless it makes a change
described in any of clauses (1) through (10) of Section 8.02. In that case the amendment, supplement, waiver or other action shall bind each Holder who has consented to it and every subsequent Holder or portion of a Note that evidences the
same debt as the consenting Holder’s Note. 
 SECTION 8.04. Notation on or Exchange of Notes. 

The Trustee may place an appropriate notation, provided by the Issuer in writing, about an amendment, supplement or waiver on
any Note thereafter authenticated. The Issuer in exchange for all Notes may issue and the Trustee shall authenticate new Notes that reflect the amendment, supplement or waiver. 

Failure to make the appropriate notation or issue a new Note shall not affect the validity and effect of such amendment,
supplement or waiver. 
 SECTION 8.05. Trustee to Sign Amendments, etc. 

The Trustee shall sign any amendment, supplement or waiver authorized pursuant to this Article Eight if the amendment,
supplement or waiver does not adversely affect the rights, duties, liabilities or immunities of the Trustee. If it does, the Trustee may, but need not, sign it. In signing or refusing to sign such amendment, supplement or waiver the Trustee shall be
entitled to receive and, subject to Section 7.01, shall be fully protected in relying conclusively upon an Officer’s Certificate and an Opinion of Counsel stating, in addition to the matters required by Section 11.04, that such
amendment, supplement or waiver is authorized or permitted by this Indenture and all conditions precedent required hereunder to such amendment, supplement or waiver have been complied with. 

  
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 ARTICLE NINE 

DISCHARGE OF INDENTURE; DEFEASANCE 

SECTION 9.01. Discharge of Indenture. 

This Indenture will be discharged and will cease to be of further effect as to all outstanding Notes, except the obligations
referred to in the last paragraph of this Section 9.01, if 
 (1) all the Notes that have been
authenticated and delivered (except lost, stolen or destroyed Notes, which have been replaced or paid, and Notes for whose payment money has been deposited in trust or segregated and held in trust by the Issuer and thereafter repaid to the Issuer or
discharged from this trust) have been delivered to the Trustee for cancellation; or 
 (2) (a) all Notes not
delivered to the Trustee for cancellation otherwise (i) have become due and payable, (ii) shall become due and payable, or may be called for redemption, within one year or (iii) have been called for redemption pursuant to paragraph 6
of the Notes, and, in any case, the Issuer has irrevocably deposited or caused to be deposited with the Trustee as trust funds, in trust solely for the benefit of the Holders, U.S. legal tender, U.S. Government Obligations or a combination thereof,
in such amounts as shall be sufficient (without consideration of any reinvestment of interest), as evidenced by an Officer’s Certificate of the Issuer, to pay and discharge the entire Indebtedness (including all principal and accrued interest)
on the Notes not theretofore delivered to the Trustee for cancellation; 
 (b) the Issuer has paid all other
sums payable by it under this Indenture; and 
 (c) the Issuer has delivered irrevocable instructions to the
Trustee to apply the deposited money toward the payment of the Notes at maturity or on the date of redemption, as the case may be. 

In addition, the Issuer must deliver an Officer’s Certificate and an Opinion of Counsel stating that all conditions
precedent to satisfaction and discharge have been complied with. 
 After such delivery, the Trustee shall acknowledge in
writing the discharge of the Issuer’s obligations terminated pursuant to this Section 9.01. 
 Notwithstanding the
satisfaction and discharge of this Indenture, the obligations of the Issuer in Section 2.07, 7.07, 9.05 and 9.06 shall survive until all Notes have been cancelled. 

SECTION 9.02. Legal Defeasance. 

The Issuer may, at its option and at any time, pursuant to a Board Resolution, be discharged from its obligations with respect
to the Notes and the Guarantors may be discharged from their obligations under the Note Guarantees on the date the conditions set forth in Section 9.04 are satisfied (hereinafter, “Legal Defeasance”). For this purpose, such
Legal Defeasance means that the Issuer and the Guarantors shall be deemed to have paid and discharged the entire Indebtedness represented by the Notes and the Note Guarantees with respect thereto and to have satisfied all other obligations under
such Notes, such Note Guarantees and this Indenture, and this Indenture shall cease to be of further effect as to all outstanding Notes and Note Guarantees (and the Trustee, at the expense of the Issuer, shall, subject to Section 9.06,

  
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execute instruments in form and substance reasonably satisfactory to the Trustee and the Issuer acknowledging the same), except for the following which shall survive until otherwise terminated or
discharged hereunder: 
 (1) the rights of Holders of outstanding Notes to receive payments in respect of the
principal of, premium, if any, and interest on the Notes when such payments are due solely from the trust funds described in Section 9.04 and as more fully set forth in such Section; 

(2) the Issuer’s obligations with respect to the Notes under Sections 2.04, 2.05, 2.06, 2.07, 2.08
and 2.11; 
 (3) the rights, powers, trusts, duties, and immunities of the Trustee hereunder (including
claims of, or payments to, the Trustee under or pursuant to Section 7.07) and the Issuer’s obligation in connection therewith; and 

(4) this Article Nine. 

Subject to compliance with this Article Nine, the Issuer may exercise its option under this Section 9.02 with
respect to Notes notwithstanding the prior exercise of its option under Section 9.03 with respect to such Notes. 

SECTION 9.03. Covenant Defeasance. 

The Issuer may, at its option and at any time, pursuant to a Board Resolution, elect that (x) the Issuer and the
Guarantors shall be released from their respective obligations under Sections 4.02, 4.05, 4.06, 4.08, 5.01(a)(2) and 5.01(b)(2) and (y) clauses (3), (4), (5) and (8) of Section 6.01 shall no longer apply with respect to the Notes
on and after the date the conditions set forth in Section 9.04 are satisfied (hereinafter, “Covenant Defeasance”). For this purpose, such Covenant Defeasance means that the Issuer and the Guarantors may omit to comply with and
shall have no liability in respect of any term, condition or limitation set forth in any such specified Section or portion thereof, whether directly or indirectly by reason of any reference elsewhere herein to any such specified Section or portion
thereof or by reason of any reference in any such specified Section or portion thereof to any other provision herein or in any other document, and thereafter any omission to comply with such obligations shall not constitute a Default, but the
remainder of this Indenture and the Notes shall be unaffected thereby. 
 SECTION 9.04. Conditions to Legal Defeasance or
Covenant Defeasance. 
 The following shall be the conditions to application of Section 9.02 or Section 9.03
to the outstanding Notes: 
 (1) the Issuer must irrevocably deposit with the Trustee, as trust funds, in
trust solely for the benefit of the Holders of the Notes, U.S. legal tender, U.S. Government Obligations or a combination thereof, in such amounts as shall be sufficient (without consideration of any reinvestment of interest), as evidenced by an
Officer’s Certificate of the Issuer, to pay the principal of and interest on the Notes on the stated date for payment or on the Redemption Date of the principal or installment of principal of or interest on the Notes, 

(2) in the case of Legal Defeasance, the Issuer shall have delivered to the Trustee an Opinion of Counsel in
the United States confirming that: 

  
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 (a) the Issuer has received from, or there has been
published by the Internal Revenue Service, a ruling, or 
 (b) since the Issue Date, there has been a change
in the applicable U.S. federal income tax law, 
 in either case to the effect that, and based thereon such Opinion of
Counsel shall confirm that, the Holders of such outstanding Notes will not recognize income, gain or loss for U.S. federal income tax purposes as a result of the Legal Defeasance and will be subject to U.S. federal income tax on the same amounts, in
the same manner and at the same times as would have been the case if such Legal Defeasance had not occurred, 

(3) in the case of Covenant Defeasance, the Issuer shall have delivered to the Trustee an Opinion of Counsel in
the United States reasonably acceptable to the Trustee confirming that the Holders of such outstanding Notes will not recognize income, gain or loss for U.S. federal income tax purposes as a result of such Covenant Defeasance and will be subject to
U.S. federal income tax on the same amounts, in the same manner and at the same times as would have been the case if the Covenant Defeasance had not occurred, 

(4) no Default shall have occurred and be continuing on the date of such deposit (other than a Default
resulting from the borrowing of funds to be applied to such deposit), 
 (5) the Issuer shall have delivered
to the Trustee an Officer’s Certificate stating that the deposit was not made by it with the intent of preferring the Holders of such Notes over any other of its creditors or with the intent of defeating, hindering, delaying or defrauding any
other of its creditors or others, and 
 (6) the Issuer shall have delivered to the Trustee an Officer’s
Certificate and an Opinion of Counsel, each stating that the conditions provided for in, in the case of the Officer’s Certificate, clauses (1) through (4) and, in the case of the Opinion of Counsel, clauses (2) and/or (3) of this
paragraph have been complied with. 
 If the funds deposited with the Trustee to effect Covenant Defeasance are insufficient
to pay the principal of and interest on the Notes when due, then the obligations of the Issuer and the obligations of the Guarantors under this Indenture shall be revived and no such defeasance shall be deemed to have occurred. 

SECTION 9.05. Deposited Money and U.S. Government Obligations to Be Held in Trust; Other Miscellaneous Provisions. 

All money and U.S. Government Obligations (including the proceeds thereof) deposited with the Trustee pursuant to
Section 9.04 in respect of the outstanding Notes shall be held in trust and applied by the Trustee, in accordance with the provisions of such Notes and this Indenture, to the payment, either directly or through any Paying Agent, to the Holders
of such Notes, of all sums due and to become due thereon in respect of principal, premium, if any, and accrued interest, but such money need not be segregated from other funds except to the extent required by law. 

The Issuer and the Guarantors shall (on a joint and several basis) pay and indemnify the Trustee against any tax, fee or other
charge imposed on or assessed against the U.S. Government Obligations deposited pursuant to Section 9.04 or the principal, premium, if any, and interest received in respect thereof 

  
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other than any such tax, fee or other charge which by law is for the account of the Holders of the outstanding Notes. 

Anything in this Article Nine to the contrary notwithstanding, the Trustee shall deliver or pay to the Issuer from time
to time any money or U.S. Government Obligations held by it as provided in Section 9.04 which, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the
Trustee, are in excess of the amount thereof which would then be required to be deposited to effect an equivalent Legal Defeasance or Covenant Defeasance. 

SECTION 9.06. Reinstatement. 

If the Trustee or Paying Agent is unable to apply any money or U.S. Government Obligations in accordance with
Section 9.01, 9.02 or 9.03 by reason of any legal proceeding or by reason of any order or judgment of any court or Governmental Authority enjoining, restraining or otherwise prohibiting such application, the Issuer’s and each
Guarantor’s obligations terminated pursuant to Section 9.01, 9.02 or 9.03, as applicable, shall be revived and reinstated as though no deposit had occurred pursuant to this Article Nine until such time as the Trustee or Paying Agent
is permitted to apply all such money or U.S. Government Obligations in accordance with Section 9.01; provided that if the Issuer or the Guarantors have made any payment of principal of, premium, if any, or accrued interest on any Notes
because of the reinstatement of their obligations, the Issuer or the Guarantors, as the case may be, shall be subrogated to the rights of the Holders of such Notes to receive such payment from the money or U.S. Government Obligations held by the
Trustee or Paying Agent. 
 SECTION 9.07. Moneys Held by Paying Agent. 

In connection with the satisfaction and discharge of this Indenture, all moneys then held by any Paying Agent under the
provisions of this Indenture shall, upon written demand of the Issuer, be paid to the Trustee, or if sufficient moneys have been deposited pursuant to Section 9.04, to the Issuer (or, if such moneys had been deposited by the Guarantors, to such
Guarantors), and thereupon such Paying Agent shall be released from all further liability with respect to such moneys. 

SECTION 9.08. Moneys Held by Trustee. 

Subject to applicable law, any moneys deposited with the Trustee or any Paying Agent or then held by the Issuer or the
Guarantors in trust for the payment of the principal of, or premium, if any, or interest on any Note that are not applied but remain unclaimed by the Holder of such Note for two years after the date upon which the principal of, or premium, if any,
or interest on such Note shall have respectively become due and payable shall be repaid to the Issuer (or, if appropriate, the Guarantors), or if such moneys are then held by the Issuer or the Guarantors in trust, such moneys shall be released from
such trust; and the Holder of such Note entitled to receive such payment shall thereafter, as an unsecured general creditor, look only to the Issuer and the Guarantors for the payment thereof, and all liability of the Trustee or such Paying Agent
with respect to such trust money shall thereupon cease; provided that the Trustee or any such Paying Agent, before being required to make any such repayment, may, at the expense of the Issuer and the Guarantors, either mail to each Holder
affected, at the address shown in the register of the Notes maintained by the Registrar pursuant to Section 2.04, or cause to be published once a week for two successive weeks, in a newspaper published in the English language, customarily
published each Business Day and of general circulation in the City of New York, New York, a notice that such money remains unclaimed and that, after a date specified therein, which shall not be less than 30 days from the date of such mailing or
publication, any unclaimed balance of such moneys then remaining shall be repaid to the Issuer. After payment to the Issuer or the Guarantors or the release of any money held in trust by the Issuer or any Guarantors, as the

  
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case may be, Holders entitled to the money must look only to the Issuer and the Guarantors for payment as general creditors unless applicable abandoned property law designates another Person.

 ARTICLE TEN 
 GUARANTEE OF
NOTES 
 SECTION 10.01. Guarantee. 

Subject to the provisions of this Article Ten, each Guarantor, as a primary obligor and not merely as a surety, hereby
jointly and severally, irrevocably and unconditionally guarantees, (each, a “Note Guarantee” and collectively, the “Note Guarantees”) to each Holder and the Trustee (i) the due and punctual payment of the
principal of, premium, if any, and interest on each Note, when and as the same shall become due and payable, whether at maturity, by acceleration or otherwise, the due and punctual payment of interest on the overdue principal of and interest on the
Notes, to the extent lawful, and the due and punctual payment of all obligations of the Issuer to the Holders or the Trustee all in accordance with the terms of such Note and this Indenture, and (ii) in the case of any extension of time of
payment or renewal of any Notes or any of such other obligations, that the same shall be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, at stated maturity, by acceleration or otherwise. Each
Guarantor, agrees that its obligations hereunder shall be absolute and unconditional, irrespective of, and shall be unaffected by, any invalidity, irregularity or unenforceability of any such Note or this Indenture, any failure to enforce the
provisions of any such Note or this Indenture, any waiver, modification or indulgence granted to the Issuer with respect thereto by the Holder of such Note, or any other circumstances which may otherwise constitute a legal or equitable discharge of
a surety or such Guarantor. 
 Each Guarantor hereby waives diligence, presentment, demand for payment, filing of claims
with a court in the event of merger or bankruptcy of the Issuer, any right to require a proceeding first against the Issuer, protest or notice with respect to any such Note or the Indebtedness evidenced thereby (except as expressly required
hereunder, including pursuant to Article Six hereof) and all demands whatsoever, and covenants that this Note Guarantee shall not be discharged as to any such Note except by payment in full of the principal thereof and interest thereon. Each
Guarantor hereby agrees that, as between such Guarantor, on the one hand, and the Holders and the Trustee, on the other hand, (i) the maturity of the obligations guaranteed pursuant to such supplemental indenture may be accelerated as provided
in Article Six for the purposes of this Note Guarantee, notwithstanding any stay, injunction or other prohibition preventing such acceleration in respect of the obligations guaranteed by execution of such supplemental indenture, and
(ii) in the event of any declaration of acceleration of such obligations as provided in Article Six, such obligations (whether or not due and payable) shall forthwith become due and payable by each Guarantor for the purpose of the Note
Guarantee. 
 SECTION 10.02. Execution and Delivery of Guarantee. 

To evidence its Note Guarantee set forth in Section 10.01, each Guarantor agrees that this Indenture or a supplemental
indenture in substantially the form attached hereto as Exhibit C shall be executed on behalf of such Guarantor by an Officer of such Guarantor (or, if an officer is not available, by a board member or director or other duly authorized signatory) on
behalf of such Guarantor. Each Guarantor hereby agrees that its Note Guarantee set forth in Section 10.01 hereof shall remain in full force and effect notwithstanding the absence of the endorsement of any notation of such Note Guarantee on the
Notes. In case the Officer, board member or director of such Guarantor whose signature is on this Indenture or 

  
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supplemental indenture, as applicable, no longer holds office at the time the Trustee authenticates any Note, the Note Guarantee shall be valid nevertheless. 

The delivery of any Note by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Note
Guarantees on behalf of the Guarantor. 
 SECTION 10.03. Limitation of Guarantee. 

The obligations of each Guarantor under its Note Guarantee are limited to the maximum amount as shall, after giving effect to
all other contingent and fixed liabilities of such Guarantor (including, without limitation, any guarantees under the Credit Agreements) and after giving effect to any collections from or payments made by or on behalf of any other Guarantor in
respect of the obligations of such other Guarantor under its Note Guarantee or pursuant to its contribution obligations under this Indenture, result in the obligations of such Guarantor under its Note Guarantee not constituting a fraudulent
conveyance or fraudulent transfer under federal or state law. Each Guarantor that makes a payment or distribution under its Note Guarantee shall be entitled to a contribution from each other Guarantor in a pro rata amount based on the adjusted net
assets of each Guarantor. 
 SECTION 10.04. Release of Guarantor. 

A Guarantor shall be released from its obligations under its Note Guarantee and its obligations under this Indenture: 

(1) in the event of dissolution of such Guarantor; 

(2) if such Guarantor ceases to be a Subsidiary, in accordance with the provisions of this Indenture, when it
first ceases to be a Subsidiary; 
 (3) upon (i) such Guarantor being released or discharged from all of
its obligations under its guarantees with respect to (x) the Credit Agreements, (y) any Material Indebtedness of the Issuer or any of its Domestic Subsidiaries that triggered the requirement for such Guarantor to issue a Note Guarantee
pursuant to Section 4.06 and (z) any other Material Indebtedness of the Issuer or any of its Domestic Subsidiaries, in each case, except a release or discharge as a result of payment under any such guarantee (it being understood that a
release subject to a contingent reinstatement is still considered a release, and if any such guarantee is so reinstated, such Note Guarantee shall also be reinstated) and (ii) the repayment in full and termination of all obligations of such
Guarantor under (x) the Credit Agreements, (y) any Material Indebtedness of such Guarantor that triggered the requirement for such Guarantor to issue a Note Guarantee pursuant to Section 4.06 and (z) in the case of any Guarantor
that is a Wholly-Owned Domestic Subsidiary, any other Material Indebtedness of such Guarantor; or 
 (4) upon
the exercise of the legal defeasance option or covenant defeasance option pursuant to Sections 9.02 or 9.03 hereof, as applicable, or if the obligations under this Indenture are discharged in accordance with the terms hereof, 

and in each such case, the Issuer has delivered to the Trustee an Officer’s Certificate or an Opinion of Counsel, each stating that all
conditions precedent herein provided for relating to such transactions have been complied with and that such release is authorized and permitted hereunder. 

  
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 The Trustee shall execute any documents reasonably requested by the Issuer
or a Guarantor in order to evidence the release of such Guarantor from its obligations under its Note Guarantee endorsed on the Notes and under this Article Ten. 

SECTION 10.05. Waiver of Subrogation. 

Until the Notes have been paid in full, each Guarantor hereby irrevocably waives any claim or other rights which it may now or
hereafter acquire against the Issuer that arise from the existence, payment, performance or enforcement of such Guarantor’s obligations under its Note Guarantee and this Indenture, including, without limitation, any right of subrogation,
reimbursement, exoneration, indemnification, and any right to participate in any claim or remedy of any Holder of Notes against the Issuer, whether or not such claim, remedy or right arises in equity, or under contract, statute or common law,
including, without limitation, the right to take or receive from the Issuer, directly or indirectly, in cash or other property or by set-off or in any other manner, payment or Note on account of such claim or
other rights. If any amount shall be paid to any Guarantor in violation of the preceding sentence and the Notes shall not have been paid in full, such amount shall have been deemed to have been paid to such Guarantor for the benefit of, and held in
trust for the benefit of, the Holders, and shall forthwith be paid to the Trustee for the benefit of such Holders to be credited and applied upon the Notes, whether matured or unmatured, in accordance with the terms of this Indenture. Each Guarantor
acknowledges that it shall receive direct and indirect benefits from the financing arrangements contemplated by this Indenture and that the waiver set forth in this Section 10.05 is knowingly made in contemplation of such benefits. 

ARTICLE ELEVEN 
 MISCELLANEOUS 

SECTION 11.01. Trust Indenture Act. 

The provisions of the TIA do not apply to this Indenture or the Notes. 

SECTION 11.02. Notices. 

Except for notice or communications to Holders, any notice or communication shall be given in writing and delivered in person,
sent by e-mail, delivered by commercial courier service or mailed by first-class mail, postage prepaid, addressed as follows: 

If to the Issuer or any Guarantor: 

Ciena Corporation 

7035 Ridge Road 

Hanover, Maryland 21076 

Attention: David Rothenstein 

E-mail: drothens@ciena.com 

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

Hogan Lovells 

390 Madison Avenue 

New York, New York 10027 

Attention: Stuart Morrissy 

E-mail: stuart.morrissy@hoganlovells.com 

Hogan Lovells 

100 International Drive, Suite 2000 

Baltimore, MD 21202 

Attention: William I. Intner 

E-mail: william.intner@hoganlovells.com 

If to the Trustee: 

U.S. Bank National Association 

Global Corporate Trust 

2 Concourse Parkway, Suite 800 

Atlanta, GA 30328-5588 

Attention: Stephanie Cox 

Phone: 404-898-8837 

E-mail: stephanie.cox@usbank.com 

Such notices or communications shall be effective when received and shall be sufficiently given if so given within the time
prescribed in this Indenture. 
 The Issuer, the Guarantors or the Trustee by written notice to the other parties hereto may
designate additional or different addresses for subsequent notices or communications. 
 Any notice or communication mailed
to a Holder shall be mailed to him or her by first-class mail, postage prepaid, at his or her address shown on the register kept by the Registrar. Notwithstanding the foregoing, as long as the Notes are Global Notes, notices to be given to the
Holders shall be given to the Depository in accordance with its applicable policies as in effect from time to time. 

Failure to mail a notice or communication to a Holder or any defect in it shall not affect its sufficiency with respect to
other Holders. If a notice or communication to a Holder is mailed in the manner provided above, it shall be deemed duly given, whether or not the addressee receives it. 

In case by reason of the suspension of regular mail service, or by reason of any other cause, it shall be impossible to mail
any notice as required by this Indenture, then such method of notification as shall be made with the approval of the Trustee shall constitute a sufficient mailing of such notice. 

SECTION 11.03. Communications by Holders with Other Holders. 

Holders may communicate in the manner contemplated by the provisions of TIA § 312(b) with other Holders with respect
to their rights under this Indenture or the Notes (it being understood that, for the avoidance of doubt, the provisions of the Trust Indenture Act do not apply to this Indenture or the Notes). 

  
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The Issuer, the Guarantors, the Trustee, the Registrar and anyone else shall have the protections contemplated by the provisions of TIA § 312(c) as if such provisions applied to this
Indenture (it being understood that, for the avoidance of doubt, the provisions of the Trust Indenture Act do not apply to this Indenture or the Notes). 

SECTION 11.04. Certificate and Opinion as to Conditions Precedent. 

Upon any request or application by the Issuer or any Guarantor to the Trustee to take any action or refrain from taking any
action under this Indenture, the Issuer or such Guarantor shall furnish to the Trustee: 
 (1) an
Officer’s Certificate in form and substance reasonably satisfactory to the Trustee (which shall include the statements set forth in Section 11.05) stating that, in the opinion of the signers, all conditions precedent, if any, provided for
in this Indenture relating to the proposed action have been complied with; and 
 (2) an Opinion of Counsel
in form and substance reasonably satisfactory to the Trustee (which shall include the statements set forth in Section 11.05) stating that, in the opinion of such counsel, all such conditions precedent have been complied with; provided
that no Opinion of Counsel shall be required to be delivered in connection with (1) the issuance of the Initial Notes on the Issue Date or (2) a request by the Issuer that the Trustee deliver a notice to Holders under the Indenture where
the Trustee receives an Officer’s Certificate with respect to such notice. 
 SECTION 11.05. Statements Required in
Certificate and Opinion. 
 Each certificate and opinion with respect to compliance by or on behalf of the Issuer or any
Guarantor with a condition or covenant provided for in this Indenture (other than the Officer’s Certificate required by Sections 3.01 or 4.04) shall comply with any requirements set forth in this Indenture and shall include: 

(1) a statement that the Person making such certificate or opinion has read such covenant or condition and the
definitions herein relating thereto; 
 (2) a brief statement as to the nature and scope of the examination
or investigation upon which the statements or opinions contained in such certificate or opinion are based; 

(3) a statement that, in the opinion of such Person, he or she has made such examination or investigation as is
necessary to enable him or her to express an informed opinion as to whether or not such covenant or condition has been complied with; and 

(4) a statement as to whether or not, in the opinion of such Person, such covenant or condition has been
complied with; provided, however, that with respect to such matters of fact an Opinion of Counsel may rely on an Officer’s Certificate or certificate of public officials, and provided, further, that an Opinion of
Counsel may have customary qualifications for opinions of the type required. 
 SECTION 11.06. Rules by Trustee and
Agents. 
 The Trustee may make reasonable rules for action by or meetings of Holders. The Registrar and Paying Agent
may make reasonable rules for their functions. 

  
 67 

 SECTION 11.07. Business Days. 

In any case where the date of maturity of interest or principal of any of the Notes or the date of redemption is not a
Business Day, then payment of interest or principal (and premium, if any) may be made on the next succeeding Business Day with the same force and effect as if made on the nominal date of maturity or redemption, and (i) in the case of any
maturity date of principal of any Notes or the date of redemption, no interest shall accrue for the period after such nominal date and (ii) in the case of any interest payment date, no additional interest or other amounts shall be payable in
respect of the interest period for which such payment is made as a result of the extension of time. If a regular record date is not a Business Day, the record date shall not be affected. 

SECTION 11.08. Governing Law. 

This Indenture, the Notes and the Note Guarantees shall be governed by, and construed in accordance with, the laws of the
State of New York. 
 SECTION 11.09. Waiver of Jury Trial. 

EACH OF THE ISSUER, THE GUARANTORS AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL
RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE NOTES OR THE TRANSACTIONS CONTEMPLATED HEREBY. 

SECTION 11.10. Force Majeure. 

In no event shall the Trustee, Paying Agent, Registrar or transfer agent be responsible or liable for any failure or delay in
the performance of its obligations under this Indenture arising out of or caused by, directly or indirectly, forces beyond its reasonable control, including without limitation strikes, work stoppages, accidents, acts of war or terrorism, civil or
military disturbances, nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software or hardware) services. 

SECTION 11.11. No Adverse Interpretation of Other Agreements. 

This Indenture may not be used to interpret another indenture, loan, security or debt agreement of the Issuer or any
Subsidiary. No such indenture, loan, security or debt agreement may be used to interpret this Indenture. 
 SECTION 11.12.
No Recourse Against Others. 
 No recourse for the payment of the principal of, premium, if any, or interest on, any
of the Notes, or for any claim based thereon or otherwise in respect thereof, and no recourse under or upon any obligation, covenant or agreement of the Issuer or any Guarantor in this Indenture or in any supplemental indenture, or in any of the
Notes, or because of the creation of any Indebtedness represented thereby, shall be had against any stockholder, officer, director or employee, as such, past, present or future, of the Issuer or of any successor corporation or against the property
or assets of any such stockholder, officer, employee or director, either directly or through the Issuer or any Guarantor, or any successor corporation thereof, whether by virtue of any constitution, statute or rule of law, or by the enforcement of
any assessment or penalty or otherwise; it being expressly understood that this Indenture and the Notes are solely obligations of the Issuer and the Guarantors, and that no such personal liability whatever shall attach to, or is or shall

  
 68 

 
be incurred by, any stockholder, officer, employee or director of the Issuer or any Guarantor, or any successor corporation thereof, because of the creation of the indebtedness hereby authorized,
or under or by reason of the obligations, covenants or agreements contained in this Indenture or the Notes or implied therefrom, and that any and all such personal liability of, and any and all claims against every stockholder, officer, employee and
director, are hereby expressly waived and released as a condition of, and as a consideration for, the execution of this Indenture and the issuance of the Notes. It is understood that this limitation on recourse is made expressly for the benefit of
any such shareholder, employee, officer or director and may be enforced by any of them. 
 SECTION 11.13. Successors.

 All agreements of the Issuer and the Guarantors in this Indenture and the Notes shall bind their respective successors.
All agreements of the Trustee, any additional trustee and any Paying Agents in this Indenture shall bind its successor. 

SECTION 11.14. Multiple Counterparts. 

The parties may sign multiple counterparts of this Indenture. Each signed counterpart shall be deemed an original, but all of
them together represent one and the same agreement. The exchange of copies of this Indenture and of signature pages by facsimile or PDF transmission shall constitute effective execution and delivery of this Indenture as to the parties hereto and may
be used in lieu of the original Indenture for all purposes. Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes. The words “execution,” “signed,”
“signature,” “delivery,” and words of like import in or relating to this Indenture or any document to be signed in connection with this Indenture shall be deemed to include electronic signatures, deliveries or the keeping of
records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature, physical delivery thereof or the use of a paper-based recordkeeping system, as the case may be, and the parties
hereto consent to conduct the transactions contemplated hereunder by electronic means. This Indenture shall be valid, binding, and enforceable against a party only when executed and delivered by an authorized individual on behalf of the party by
means of (i) any electronic signature permitted by the federal Electronic Signatures in Global and National Commerce Act, state enactments of the Uniform Electronic Transactions Act, and/or any other relevant electronic signatures law,
including relevant provisions of the Uniform Commercial Code/UCC (collectively “Signature Law”); (ii) an original manual signature; or (iii) a faxed, scanned, or photocopied manual signature. Each electronic signature or faxed,
scanned, or photocopied manual signature shall for all purposes have the same validity, legal effect, and admissibility in evidence as an original manual signature. Each party hereto shall be entitled to conclusively rely upon, and shall have no
liability with respect to, any faxed, scanned, or photocopied manual signature, or other electronic signature, of any party and shall have no duty to investigate, confirm or otherwise verify the validity or authenticity thereof. This Indenture may
be executed in any number of counterparts, each of which shall be deemed to be an original, but such counterparts shall, together, constitute one and the same instrument. For avoidance of doubt, original manual signatures shall be used for execution
or indorsement of writings when required under the UCC or other Signature Law due to the character or intended character of the writings. 

SECTION 11.15. Table of Contents, Headings, etc. 

The table of contents, cross-reference sheet and headings of the Articles and Sections of this Indenture have been inserted
for convenience of reference only, are not to be considered a part hereof, and shall in no way modify or restrict any of the terms or provisions hereof. 

  
 69 

 SECTION 11.16. Separability. 

Each provision of this Indenture shall be considered separable and if for any reason any provision which is not essential to
the effectuation of the basic purpose of this Indenture or the Notes shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 

SECTION 11.17. USA Patriot Act. 

The parties hereto acknowledge that in accordance with Section 326 of the USA Patriot Act the Trustee and Agents, like
all financial institutions and in order to help fight the funding of terrorism and money laundering, are required to obtain, verify, and record information that identifies each person or legal entity that establishes a relationship or opens an
account. The parties to this agreement agree that they shall provide the Trustee and the Agents with such information as they may request in order to satisfy the requirements of the USA Patriot Act. 

[Signature pages follow] 

  
 70 

 IN WITNESS WHEREOF, the parties have caused this Indenture to be duly executed all as of the
date and year first written above. 
  

			
	CIENA CORPORATION
		
	By:	 	/s/ David M. Rothenstein
		 	Name: David M. Rothenstein
		 	Title: SVP, General Counsel and Secretary

  

			
	 BLUE PLANET SOFTWARE, INC.
 CIENA
COMMUNICATIONS, INC.
 CIENA COMMUNICATIONS INTERNATIONAL, LLC

CIENA GOVERNMENT SOLUTIONS, INC.,
 as Guarantors

		
	By:	 	/s/ David M. Rothenstein
		 	Name: David M. Rothenstein
		 	Title: SVP, General Counsel and Secretary

  
 [Indenture] 

 
			
	 U.S. BANK NATIONAL ASSOCIATION,

    as Trustee

		
	By:	 	/s/ Stephanie Cox
		 	Name: Stephanie Cox
		 	Title: Vice President

  

  
 [Indenture] 

 EXHIBIT A 

[FORM OF FACE OF INITIAL NOTE] 

[Global Notes Legend] 
 UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), NEW YORK, NEW YORK, TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO., OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC) ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 

TRANSFERS OF THIS GLOBAL NOTE SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH
SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL NOTE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE INDENTURE REFERRED TO ON THE REVERSE HEREOF. 

[Restricted Notes Legend] 
 THIS
SECURITY (OR ITS PREDECESSOR HAS NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”) AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT
OF, U.S. PERSONS EXCEPT AS SET FORTH BELOW. BY ITS ACQUISITION HEREOF, THE HOLDER (1) REPRESENTS THAT (A) IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT) OR (B) IT IS NOT A U.S.
PERSON AND IS ACQUIRING THIS SECURITY IN AN OFFSHORE TRANSACTION IN COMPLIANCE WITH REGULATION S UNDER THE SECURITIES ACT, (2) AGREES THAT IT WILL NOT WITHIN [IN THE CASE OF RULE 144A NOTES: SIX MONTHS] [IN THE CASE OF REGULATION S NOTES: 40
DAYS] AFTER THE LATER OF THE ORIGINAL ISSUANCE DATE HEREOF AND THE LAST DATE ON WHICH THE ISSUER OR ANY AFFILIATE OF THE ISSUER WAS THE OWNER OF THIS SECURITY (OR ANY PREDECESSOR OF SUCH SECURITY) RESELL OR OTHERWISE TRANSFER THIS SECURITY EXCEPT
(A) TO THE ISSUER OR ANY SUBSIDIARY THEREOF, (B) TO A QUALIFIED INSTITUTIONAL BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT, (C) OUTSIDE THE UNITED STATES IN AN OFFSHORE TRANSACTION IN COMPLIANCE WITH RULE 904 UNDER THE
SECURITIES ACT, (D) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES ACT (IF AVAILABLE, AND BASED UPON AN OPINION OF COUNSEL IF THE ISSUER SO REQUESTS), (E) IN ACCORDANCE WITH ANOTHER EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT (IF AVAILABLE, AND BASED UPON AN OPINION OF COUNSEL IF THE ISSUER SO REQUESTS) OR (F) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND (3) AGREES THAT IT WILL GIVE
TO EACH PERSON TO WHOM THIS SECURITY IS TRANSFERRED A NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND. AS USED 

  
 A-1 

 HEREIN, THE TERMS “OFFSHORE TRANSACTION,” “UNITED STATES” AND “U.S.
PERSON” HAVE THE MEANING GIVEN TO THEM BY REGULATION S UNDER THE SECURITIES ACT. 
 EACH HOLDER OF THIS NOTE OR ANY INTEREST HEREIN IS
DEEMED TO REPRESENT AND WARRANT THAT EITHER (1) NO PORTION OF THE ASSETS USED BY IT TO PURCHASE OR HOLD THIS NOTE OR ANY INTEREST HEREIN CONSTITUTES THE ASSETS OF ANY (A) EMPLOYEE BENEFIT PLAN WHICH IS SUBJECT TO TITLE I OF THE U.S.
EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), (B) PLAN, INDIVIDUAL RETIREMENT ACCOUNT OR OTHER ARRANGEMENT THAT IS SUBJECT TO SECTION 4975 OF THE U.S. INTERNAL REVENUE CODE OF 1986, AS AMENDED
(THE “CODE”), OR PROVISIONS UNDER ANY OTHER FEDERAL, STATE, LOCAL, NON-U.S. OR OTHER LAWS OR REGULATIONS THAT ARE SIMILAR TO SUCH PROVISIONS OF ERISA OR THE CODE (COLLECTIVELY, “SIMILAR
LAWS”), OR (C) ENTITY WHOSE UNDERLYING ASSETS ARE CONSIDERED TO INCLUDE “PLAN ASSETS” OF ANY OF THE FOREGOING PLANS, ACCOUNTS OR ARRANGEMENTS DESCRIBED IN CLAUSE (A) OR (B), OR (2) ITS PURCHASE AND HOLDING OF THIS NOTE
OR ANY INTEREST HEREIN WILL NOT CONSTITUTE A NON-EXEMPT PROHIBITED TRANSACTION UNDER SECTION 406 OF ERISA OR SECTION 4975 OF THE CODE OR A SIMILAR VIOLATION UNDER ANY APPLICABLE SIMILAR LAWS, AND
NONE OF THE ISSUER, THE INITIAL PURCHASERS, THE GUARANTORS OR ANY OF THEIR RESPECTIVE AFFILIATES HAS ACTED AS ITS FIDUCIARY, OR HAS BEEN RELIED UPON BY IT FOR ANY INVESTMENT ADVICE, IN CONNECTION WITH THE PURCHASE AND HOLDING OF THIS NOTE. 

[Regulation S Notes Legend] 
 BY
ITS ACQUISITION HEREOF, THE HOLDER HEREOF REPRESENTS THAT IT IS NOT A U.S. PERSON, NOR IS IT PURCHASING FOR THE ACCOUNT OF A U.S. PERSON, AND IS ACQUIRING THIS SECURITY IN AN OFFSHORE TRANSACTION IN ACCORDANCE WITH REGULATION S UNDER THE SECURITIES
ACT. 

  
 A-2 

 FORM OF NOTE 

CUSIP [        ]1 

ISIN [          ]2 

CIENA CORPORATION 
  

					
	 No.
	  		  	 $

 4.00% SENIOR NOTE DUE 2030 

CIENA CORPORATION, a Delaware corporation (the “Issuer”), for value received, promises to pay to CEDE & CO. or
registered assigns the principal sum of                  dollars on January 31, 2030. 

Interest Payment Dates: January 31 and July 31. 

Record Dates: January 15 and July 15. 

Reference is made to the further provisions of this Note contained herein, which shall for all purposes have the same effect as if set forth
at this place. 
   

 

	1 	 Rule 144A Note: 171779 AL5 

Regulation S Note: U1713R AB9 

	2	 Rule 144A Note: US171779AL52 

Regulation S Note: USU1713RAB97 

  
 A-3 

 IN WITNESS WHEREOF, the Issuer has caused this Note to be signed manually or by facsimile by
its duly authorized officer. 
  

			
	CIENA CORPORATION
		
	By:	 	 
		 	Name:
		 	Title:

 Dated: 

  
 A-4 

 Certificate of Authentication 

This is one of the 4.00% Senior Notes due 2030 referred to in the within-mentioned Indenture. 

 

			
	 U.S. BANK NATIONAL ASSOCIATION, as Trustee

		
	 By:
	 	 

 Dated: 

  
 A-5 

 [FORM OF REVERSE OF INITIAL NOTE] 

CIENA CORPORATION 
 4.00% SENIOR
NOTE DUE 2030 
 1. Interest. CIENA CORPORATION, a Delaware corporation (the “Issuer”), promises to
pay, until the principal hereof is paid or made available for payment, interest on the principal amount set forth on the face hereof at a rate of 4.00% per annum. Interest hereon shall accrue from and including the most recent date to which interest
has been paid or, if no interest has been paid, from and including January 18, 2022 to but excluding the date on which interest is paid. Interest shall be payable in arrears on each January 31 and July 31, commencing on July 31,
2022. Interest shall be computed on the basis of a 360-day year of twelve 30-day months. The Issuer shall pay interest on overdue principal and on overdue interest (to
the full extent permitted by law) at a rate of 4.00% per annum. 
 2. Method of Payment. The Issuer shall pay
interest hereon (except defaulted interest) to the Persons who are registered Holders at the close of business on January 15 or July 15 next preceding the Interest Payment Date (whether or not a Business Day). Holders must surrender Notes
to a Paying Agent to collect principal payments. The Issuer (through the Paying Agent) shall pay principal and interest in money of the United States of America that at the time of payment is legal tender for payment of public and private debts. If
the Holder has given wire transfer instructions to the Issuer at least ten Business Days prior to the payment date, the Issuer (through the Paying Agent) shall make all payments on this Note by wire transfer of immediately available funds to the
account specified in those instructions. Otherwise, payments on this Note shall be made at the office or agency of the Paying Agent unless the Issuer (with notice to the Paying Agent) elects to make interest payments by check mailed to the Holders
at their addresses set forth in the register of Holders. 
 3. Paying Agent and Registrar. Initially, U.S. Bank
National Association (the “Trustee”), shall act as a Paying Agent and Registrar. The Issuer may appoint and change any Paying Agent or Registrar or co-registrar without notice. The Issuer or
any of its Affiliates may act as Paying Agent or Registrar. 
 4. Indenture. The Issuer issued the Notes under an
Indenture, dated as of January 18, 2022 (the “Indenture”), among the Issuer, the Guarantors and the Trustee. This is one of an issue of Notes of the Issuer issued, or to be issued, under the Indenture. The Notes include (i)
$400,000,000 aggregate principal amount of the Issuer’s 4.00% Senior Notes due 2030 (the “Initial Notes”) and (ii) if and when issued, additional Notes that may be issued from time to time under the Indenture subsequent to
January 18, 2022 (the “Additional Notes”). The Initial Notes and the Additional Notes shall be considered collectively as a single class for all purposes of the Indenture. The terms of the Notes include those set forth in the
Indenture. The Notes are subject to all such terms, and Holders are referred to the Indenture for a statement of them. Capitalized and certain other terms used herein and not otherwise defined have the meanings set forth in the Indenture. 

5. Mandatory Redemption. Except as set forth in paragraph 8 below, the Issuer shall not be required to make mandatory
redemption payments with respect to the Notes. 
 6. Optional Redemption. Except as set forth below, the Issuer will
not be entitled to redeem the Notes at its option. 

  
 A-6 

 (i) At any time prior to January 31, 2025, the Issuer
may, at its option, redeem the Notes, in whole or in part, upon notice as described in Section 3.03 of the Indenture, at a redemption price equal to 100% of the principal amount of the Notes redeemed plus the Applicable Premium as of, and
accrued and unpaid interest if any, to but not including the date of redemption (the “Redemption Date”), subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment
Date. 
 (ii) On and after January 31, 2025, the Issuer may, at its option, redeem the Notes, in whole
or in part, upon notice as described in Section 3.03 of the Indenture, at the redemption prices (expressed as percentages of principal amount of the Notes to be redeemed) set forth below, plus accrued and unpaid interest thereon, if any, to but
not including the applicable Redemption Date, subject to the right of Holders of Notes of record on the relevant record date to receive interest due on the relevant Interest Payment Date, if redeemed during the twelve-month period beginning on
January 31, of each of the years indicated below: 
  

					
	Year	  	Percentage	 
	 2025
	  	 	102.000	% 
	 2026
	  	 	101.000	% 
	 2027 and thereafter
	  	 	100.000	% 

 (iii) In addition, until January 31, 2025, the Issuer may, at its option,
on one or more occasions redeem up to 40% of the aggregate principal amount of Notes at a redemption price equal to 104.00% of the aggregate principal amount thereof, plus accrued and unpaid interest thereon, if any, to but not including the
applicable Redemption Date, subject to the right of Holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date, with the net cash proceeds of one or more Equity Offerings; provided that at least
50% of the sum of the aggregate principal amount of (x) Notes originally issued under the Indenture and (y) any Additional Notes issued under the Indenture after the Issue Date remains outstanding immediately after the occurrence of each
such redemption; provided, further, that each such redemption occurs within 180 days of the date of closing of each such Equity Offering. 

(iv) At any time, in connection with any offer to purchase the Notes (including any Change of Control Offer
made by the Issuer or any third party in lieu of the Issuer as described below), if Holders of not less than 90% in aggregate principal amount of the outstanding Notes validly tender and do not withdraw such Notes in such offer, the Issuer or such
third party will have the right, upon not less than 10 days nor more than 60 days’ prior notice (provided that, if in connection with a Change of Control Offer, such notice is given not more than 30 days following such purchase pursuant
to the Change of Control Offer described below), to redeem all Notes that remain outstanding following such purchase at a price in cash equal to the price offered to each Holder in such prior offer plus accrued and unpaid interest, if any, to but
not including the date of purchase, subject to the right of Holders on the relevant record date to receive interest due on the relevant interest payment date. 

7. Notice of Redemption. Notice of redemption shall be mailed, or delivered electronically if held by DTC, at least 10
days but not more than 60 days before the Redemption Date to each Holder to be redeemed at his registered address, except that redemption notices may be mailed, or delivered electronically if held by DTC, more than 60 days prior to a Redemption Date
if the notice is issued in connection with a satisfaction and discharge of the Indenture. On and after the Redemption Date, unless the Issuer defaults in making the redemption payment, interest ceases to accrue on Notes or portions thereof called
for redemption. 

  
 A-7 

 8. Offers to Purchase. The Indenture provides that upon the
occurrence of a Change of Control Triggering Event and subject to further limitations contained therein, the Issuer shall make an offer to purchase outstanding Notes in accordance with the procedures set forth in the Indenture. 

9. Denominations, Transfer, Exchange. The Notes are in registered form without coupons in denominations of $2,000 and
integral multiples of $1,000. A Holder may transfer or exchange Notes in accordance with the Indenture. The Registrar may require a Holder, among other things, to furnish appropriate endorsements and transfer documents and to pay to it any taxes and
fees required by law or permitted by the Indenture. The Registrar need not register the transfer of or exchange of any Notes or a portion of a Note selected for redemption for a period of 15 days before a mailing or electronic delivery of notice of
redemption.  
 10. Persons Deemed Owners. The registered Holder of this Note may be treated as the owner of
this Note for all purposes. 
 11. Unclaimed Money. If money for the payment of principal or interest remains
unclaimed for two years, the Trustee shall pay the money back to the Issuer at its written request. After that, Holders entitled to the money must look to the Issuer for payment as general creditors unless an “abandoned property” law
designates another Person. 
 12. Amendment, Supplement, Waiver, etc. The Issuer and the Trustee may, without the
consent of the Holders of any outstanding Notes, amend, waive or supplement the Indenture or the Notes for certain specified purposes, including, among other things, curing ambiguities, defects or inconsistencies, complying with any requirement of
the SEC in connection with any required qualification of the Indenture under the Trust Indenture Act, and making any change that does not materially adversely affect the rights of any Holder. Other amendments and modifications of the Indenture or
the Notes may be made by the Issuer and the Trustee with the consent of the Holders of not less than a majority of the aggregate principal amount of the outstanding Notes, subject to certain exceptions requiring the consent of the Holders of the
particular Notes to be affected. 
 13. Defaults and Remedies. Events of Default are set forth in the Indenture. If
an Event of Default specified in clause (6) or (7) of Section 6.01 of the Indenture with respect to the Issuer or any Significant Subsidiary occurs, all outstanding Notes shall become due and payable without any further action or notice.
If any other Event of Default (other than an Event of Default specified in clause (6) or (7) of Section 6.01 of the Indenture with respect to the Issuer or any Significant Subsidiary), shall have occurred and be continuing hereunder, the
Trustee, by written notice to the Issuer, or the Holders of at least 25% in aggregate principal amount of the Notes then outstanding by written notice to the Issuer and the Trustee, may declare all amounts owing under the Notes to be due and
payable. The Trustee may require indemnity satisfactory to it before it enforces the Indenture or the Notes. Subject to certain limitations, Holders of a majority in aggregate principal amount of the then outstanding Notes may direct the Trustee in
its exercise of any trust or power. 
 14. Trustee Dealings with Issuer. The Trustee in its individual or any other
capacity may become the owner or pledgee of Notes and may make loans to, accept deposits from, perform services for or otherwise deal with the Issuer or any Guarantor, or any Affiliates thereof, with the same rights it would have if it were not
Trustee. 
 15. Discharge. Subject to certain conditions and as set forth in the Indenture, the Issuer at any time
may terminate some or all of its obligations pursuant to the Indenture, upon the payment of all the Notes or upon the irrevocable deposit with the Trustee of United States dollars or U.S. Government 

  
 A-8 

 
Obligations sufficient to pay when due principal of and interest on the Notes to maturity or redemption, as the case may be. 

16. Guarantees. This Note shall be entitled to the benefits of Note Guarantees made for the benefit of the Holders. Reference is hereby
made to the Indenture for a statement of the respective rights, limitations of rights, duties and obligations thereunder of the Guarantors, the Trustee and the Holders, and for events causing release of the Guarantors from the Note Guarantees. 

17. Authentication. This Note shall not be valid until the Trustee manually signs the certificate of authentication on the other side
of this Note. 
 18. Governing Law. This Note shall be governed by and construed in accordance with the laws of the State of New
York.  
 19. Abbreviations. Customary abbreviations may be used in the name of a Holder or an assignee, such as: TEN COM (=
tenants in common), TENANT (= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act). 

20. CUSIP/ISIN Numbers. Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the
Issuer has caused CUSIP/ISIN numbers to be printed on the Notes and the Trustee may use CUSIP/ISIN numbers in notices of redemption as a convenience to Holders. No representation is made as to the accuracy of such numbers either as printed on the
Notes or as contained in any notice of redemption and reliance may be placed only on the other identification numbers placed thereon. 
 The
Issuer shall furnish to any Holder upon written request and without charge a copy of the Indenture. Requests may be made to: 
 Ciena
Corporation 
 7035 Ridge Road 

Hanover, Maryland 21076 

Attention: David Rothenstein 
 E-mail: drothens@ciena.com 

  
 A-9 

 ASSIGNMENT 

I or we assign and transfer this Note to: 

(Insert assignee’s social security or tax I.D. number) 
  

 
  

 
  

 
 (Print or type name, address and zip
code of assignee) 
 and irrevocably appoint: 
  

 
  

 
 Agent to transfer this Note on the books of the
Issuer. The Agent may substitute another to act for him. 
  

							
	Date:                             	 		 	 Your Signature:
	 	 
		 		 		 	(Sign exactly as your name appears on the other side of this Note)

 Signature Guarantee:_______________________ 

SIGNATURE GUARANTEE 
 Signatures must be
guaranteed by an “eligible guarantor institution” meeting the requirements of the Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“STAMP”) or such other
“signature guarantee program” as may be determined by the Registrar in addition to, or in substitution for, STAMP, all in accordance with the Securities Exchange Act of 1934, as amended. 

  
 A-10 

 FORM OF TRANSFER CERTIFICATE 

In connection with any transfer of any of the Notes evidenced by this certificate occurring prior to the expiration of the period referred to in Rule 144
under the Securities Act after the later of the date of original issuance of such Notes and the last date, if any, on which such Notes were owned by the Issuer or any Affiliate of the Issuer, the undersigned confirms that such Notes are being
transferred in accordance with its terms: 
 CHECK ONE BOX BELOW 

 

					
	(1)	  	☐	  	to the Issuer; or
			
	(2)	  	☐	  	pursuant to an effective registration statement under the Securities Act; or
			
	(3)	  	☐	  	inside the United States to a person reasonably believed to be a “qualified institutional buyer” (as defined in Rule 144A under the Securities Act) that purchases for its own account or for the account of a qualified
institutional buyer to whom notice is given that such transfer is being made in reliance on Rule 144A, in each case pursuant to and in compliance with Rule 144A under the Securities Act; or
			
	(4)	  	☐	  	in an offshore transaction in compliance with Rule 903 or Rule 904 of Regulation S under the Securities Act; or
			
	(5)	  	☐	  	to an institutional “accredited investor” within the meaning of Rule 501(a)(1), (2), (3) or (7) of Regulation D under the Securities Act that is not a “qualified institutional buyer” and that is purchasing
for its own account or for the account of such an institutional “accredited investor” at least US$250,000 principal amount of the Notes and in accordance with all applicable securities laws of the States of the United States and other
jurisdictions; or
			
	(6)	  	☐	  	pursuant to the exemption from registration provided by Rule 144 under the Securities Act or any other available exemption from the registration requirement of the Securities Act.

 Unless one of the boxes is checked, the Trustee shall refuse to register any of the Notes evidenced by
this certificate in the name of any person other than the registered holder thereof; provided, however, that if box (6) is checked, the Trustee shall be entitled to require, prior to registering any such transfer of the Notes,
such legal opinions, certifications and other information as the Issuer has reasonably requested to confirm that such transfer is being made pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the
Securities Act. 
  

	
	
	   

	 Signature

  
 A-11 

 TO BE COMPLETED BY PURCHASER IF (3) ABOVE IS CHECKED. 

The undersigned represents and warrants that it is purchasing this Note for its own account or an account with respect to which it exercises
sole investment discretion and that it and any such account is a “qualified institutional buyer” within the meaning of Rule 144A under the Securities Act, and is aware that the sale to it is being made in reliance on Rule 144A
and acknowledges that it has received such information regarding the Issuer as the undersigned has requested pursuant to Rule 144A or has determined not to request such information and that it is aware that the transferor is relying upon the
undersigned’s foregoing representations in order to claim the exemption from registration provided by Rule 144A. 
  

			
	 Dated:
                        
	  	
		  	 Notice: To be executed by an executive officer

  
 A-12 

 FORM OF EXCHANGE CERTIFICATE 

Ciena Corporation 
 7035 Ridge Road 

Hanover, Maryland 21076 
 U.S. Bank National Association 

Global Corporate Trust 
 2 Concourse Parkway, Suite 800 

Atlanta, GA 30328-5588 
 Re: 4.00% Senior Notes
due 2030 
 Reference is hereby made to the Indenture, dated as of January 18, 2022 (the “Indenture”), among CIENA
CORPORATION, a Delaware corporation, as issuer, the guarantors party thereto and U.S. BANK NATIONAL ASSOCIATION, as trustee. Capitalized terms used but not defined herein shall have the meanings given to them in the Indenture. 

___________ (the “Owner”) owns and proposes to exchange the Note[s] or interest in such Note[s] specified herein, in the
principal amount of $__________ in such Note[s] or interests (the “Exchange”). In connection with the Exchange, the Owner hereby certifies that in connection with the Exchange of the Owner’s [CHECK ONE]
[    ] Regulation S Global Note [    ] IAI Global Note for a beneficial interest in the Rule 144A Global Note, with an equal principal amount, the Note[s] or interest in such Note[s] specified herein [is][are]
being transferred to a Person (A) who the transferor reasonably believes to be a QIB, (B) purchasing for its own account or the account of a QIB in a transaction meeting the requirements of Rule 144A, and (C) in accordance with all
applicable securities laws of the States of the United States and other jurisdictions. 
 This certificate and the statements contained
herein are made for your benefit and the benefit of the Issuer and are dated                . 

 

			
	[Insert Name of Transferor]
		
	By:	 	 
		 	Name:
		 	Title:

  
 A-13 

 OPTION OF HOLDER TO ELECT PURCHASE 

If you want to elect to have all or any part of this Note purchased by the Issuer pursuant to Section 4.08 of the Indenture, check the
appropriate box: 
 ☐            Section 4.08 

If you want to have only part of the Note purchased by the Issuer pursuant to Section 4.08 of the Indenture, state the amount you elect
to have purchased: 
  

	$                                  
                                      	 

  ($2,000 or any integral multiple of $1,000) 

Date:                      

 

					
		  	 Your Signature:
	  	
		  		  	(Sign exactly as your name appears on the face of this Note)
			
	 	  	 	  	

 Signature Guaranteed 

SIGNATURE GUARANTEE 
 Signatures
must be guaranteed by an “eligible guarantor institution” meeting the requirements of the Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“STAMP”) or such
other “signature guarantee program” as may be determined by the Registrar in addition to, or in substitution for, STAMP, all in accordance with the Securities Exchange Act of 1934, as amended. 

  
 A-14 

 [TO BE ATTACHED TO GLOBAL NOTES] 

SCHEDULE OF INCREASES OR DECREASES IN GLOBAL NOTE 

The following increases or decreases in this Global Note have been made: 

 

									
	 Date of

Exchange
	  	 Amount of

decrease in
 principal amount

of this Global
 Note
	  	 Amount of

increase in
 principal amount

of this Global
 Note
	  	 Principal amount
of this Global
Note following
such
decrease or
increase
	  	 Signature of
authorized officer
of Trustee
or
Notes Custodian

  
 A-15 

 EXHIBIT B 

FORM OF CERTIFICATE TO BE 

DELIVERED IN CONNECTION WITH 

TRANSFERS PURSUANT TO REGULATION S 

[Date] 
 Attention: 

 

			
	 Re:
	 	 Ciena Corporation

		 	 4.00% Senior Notes due 2030

		 	 (the “Securities”)

 Ladies and Gentlemen: 

In connection with our proposed sale of
$                aggregate principal amount of the Securities, we confirm that such sale has been effected pursuant to and in accordance with Regulation S under the U.S.
Securities Act of 1933, as amended (the “Securities Act”), and, accordingly, we represent that: 

(1) the offer of the Securities was not made to a person in the United States; 

(2) either (a) at the time the buy offer was originated, the transferee was outside the United States or
we and any person acting on our behalf reasonably believed that the transferee was outside the United States, or (b) the transaction was executed in, on or through the facilities of a designated offshore securities market and neither we nor any
person acting on our behalf knows that the transaction has been prearranged with a buyer in the United States; 

(3) no directed selling efforts have been made in the United States in contravention of the requirements of
Rule 903 or Rule 904 of Regulation S, as applicable; 
 (4) the transaction is not part of a plan or
scheme to evade the registration requirements of the Securities Act; and 
 (5) we have advised the
transferee of the transfer restrictions applicable to the Securities. 
 You and the Issuer are entitled to rely upon this
letter and are irrevocably authorized to produce this letter or a copy hereof to any interested party in any administrative or legal proceedings or official inquiry with respect to the matters covered hereby. Terms used in this certificate have the
meanings set forth in Regulation S. 
  

			
	Very truly yours,
	
	[Name of Transferor]
		
	By:	 	 
		 	Authorized Signature

  
 B-1 

 EXHIBIT C 

FORM OF SUPPLEMENTAL INDENTURE 
 TO
BE DELIVERED BY FUTURE GUARANTORS 
 Supplemental Indenture (this “Supplemental Indenture”), dated as of [__________]
[    ], 20[    ], among _____________ (the “Guaranteeing Subsidiary”), a subsidiary of CIENA CORPORATION, a Delaware corporation (the “Issuer”),
the guarantors party thereto and U.S. BANK NATIONAL ASSOCIATION (the “Trustee”). 
 W I T N E S S E T H 

WHEREAS, each of the Issuer and the Guarantors (as defined in the Indenture referred to below) has heretofore executed and delivered to the
Trustee an indenture (the “Indenture”), dated as of January 18, 2022, providing for the issuance of an unlimited aggregate principal amount of 4.00% Senior Notes due 2030 (the “Notes”); 

WHEREAS, the Indenture provides that under certain circumstances the Guaranteeing Subsidiary shall execute and deliver to the Trustee a
supplemental indenture pursuant to which the Guaranteeing Subsidiary shall unconditionally guarantee all of the Issuer’s obligations under the Notes and the Indenture on the terms and conditions set forth herein and under the Indenture; and

 WHEREAS, pursuant to Section 8.01 of the Indenture, the Trustee is authorized to execute and deliver this Supplemental Indenture;
and 
 WHEREAS, all requirements under the Indenture necessary to make this Supplemental Indenture a valid indenture and agreement according
to its terms have been met. 
 NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt
of which is hereby acknowledged, the parties mutually covenant and agree for the equal and ratable benefit of the Holders as follows: 
 1.
Capitalized Terms. Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture. 
 2.
Agreement to Guarantee. 
 (a) The Guaranteeing Subsidiary hereby becomes a party to the Indenture as a Guarantor and
as such will have all of the rights and be subject to all of the obligations and agreements of a Guarantor under the Indenture, effective upon the execution and delivery of this Supplemental Indenture. 

(b) The Guaranteeing Subsidiary hereby agrees to provide an unconditional Guarantee on the terms and subject to the conditions
set forth in the Indenture, including, but not limited to, Article 10 thereof. 
 3. Governing Law. THIS SUPPLEMENTAL INDENTURE WILL
BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 

 4.    Waiver of Jury Trial. THE GUARANTEEING SUBSIDIARY AND THE
TRUSTEE HEREBY IRREVOCABLY WAIVE, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENTAL INDENTURE, THE INDENTURE, THE NOTES, THE NOTE GUARANTEES
OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY. 
 5.    Counterparts. The parties may sign any number of
copies of this Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. Delivery of an executed signature page of this Supplemental Indenture by facsimile or any other rapid transmission
device designed to produce a written record of the communication transmitted shall be as effective as delivery of a manually executed counterpart thereof. The words “execution,” “executed,” “signed,” signature” and
words of like import in this Supplemental Indenture or in any other certificate, agreement or document related to this Supplemental Indenture shall include images of manually executed signatures transmitted by facsimile, email or other electronic
format (including, without limitation, “pdf,” “tif” or “jpg”) and other electronic signatures (including, without limitation, DocuSign and AdobeSign). The use of electronic signatures and electronic records (including,
without limitation, any contract or other record created, generated, sent, communicated, received, or stored by electronic means) shall be of the same legal effect, validity and enforceability as a manually executed signature or use of a paper-based
record-keeping system to the fullest extent permitted by applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act and any other applicable law,
including, without limitation, any state law based on the Uniform Electronic Transactions Act or the Uniform Commercial Code. The Company agrees to assume all risks arising out of the use of using digital signatures. 

6.    Headings. The headings of the Sections of this Supplemental Indenture have been inserted for convenience of
reference only, are not to be considered a part of this Supplemental Indenture and shall in no way modify or restrict any of the terms or provisions hereof. 

7.    The Trustee. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity
or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Guaranteeing Subsidiary, the other Guarantors and the Issuer. 

8.    Successors. All agreements of the Guaranteeing Subsidiary in this Supplemental Indenture shall bind its
successors, except as otherwise provided in the Indenture. All agreements of the Trustee in this Supplemental Indenture shall bind its successors. 

  
 C-2 

 
			
	[Guaranteeing Subsidiary]
		
	By:	 	 

 
			
	Name:	 	
	Title:	 	

  

			
	CIENA CORPORATION
		
	By:	 	 

 
			
	Name:	 	
	Title:	 	

  

			
	BLUE PLANET SOFTWARE, INC.
	CIENA COMMUNICATIONS, INC.
	CIENA COMMUNICATIONS INTERNATIONAL, LLC
	CIENA GOVERNMENT SOLUTIONS, INC., as Guarantors
		
	By:	 	 

 
			
	Name:	 	
	Title:	 	

 [Supplemental Indenture] 

 
			
	U.S. BANK NATIONAL ASSOCIATION, as Trustee
		
	By:	 	 

 
			
	Name:	 	
	Title:	 	

 [Supplemental Indenture]Exhibit 10.1

 

SUBSCRIPTION AGREEMENT

 

This SUBSCRIPTION AGREEMENT (this “Subscription
Agreement”) is entered into on January 18, 2022, by and among Gogoro Inc., a Cayman Islands company (the “Company”),
Poema Global Holdings Corp., a Cayman Islands exempted company (the “SPAC”), and the undersigned subscriber (“Subscriber”).

 

WHEREAS, on September 16, 2021, the Company
and the SPAC entered into an Agreement and Plan of Merger pursuant to which (and subject to the terms and conditions to be set forth therein)
(i) Starship Merger Sub I Limited, an exempted company incorporated with limited liability under the Laws of Cayman Islands and newly
formed, wholly-owned subsidiary of the Company (“Merger Sub I”) will merge with and into the SPAC, with the SPAC surviving
the merger as a wholly-owned subsidiary of the Company (the “First Merger”, and the SPAC surviving the First Merger,
the “Surviving Entity”); and (ii) immediately following the consummation of the First Merger and as part of the
same overall transaction, the Surviving Entity will merge with and into Starship Merger Sub II Limited, an exempted company incorporated
with limited liability under the Laws of Cayman Islands and wholly-owned subsidiary of the Company (“Merger Sub II”),
with Merger Sub II surviving and the Company becoming a public reporting entity (such agreement as entered into, amended, supplemented,
restated or otherwise modified from time to time, the “Merger Agreement,” and the transactions contemplated by the
Merger Agreement, collectively, the “Transaction”), and in consideration therefor, the Company will issue ordinary
shares of the Company, par value $0.0001 (the “Shares”), to certain of the SPAC shareholders;

 

WHEREAS, in anticipation of and in connection with
the Transaction, Subscriber desires to subscribe for and purchase from the Company, immediately prior to the consummation of the Transaction,
that number of Shares, set forth on the signature page hereto (the “Subscribed Shares”) for a per share purchase
price equal to $10.00 (the “Per Share Price” and the aggregate of such Per Share Price for all Subscribed Shares being
referred to herein as the “Purchase Price”), and the Company desires to issue and sell to Subscriber the Subscribed
Shares in consideration of the payment of the Purchase Price by or on behalf of Subscriber to the Company; and

 

WHEREAS, the Company has entered into and may enter
into separate subscription agreements (the “Other Subscription Agreements”) with certain other investors (the “Other
Subscribers”, and together with the Subscriber, the “Subscribers”), which
are on substantially the same terms as the terms of this Subscription Agreement, pursuant to which the Company has agreed to issue
and sell, and the Subscribers have agreed, severally and not jointly, to purchase on the closing date of the Transaction (the “Closing
Date”), the Shares at the Per Share Price.

 

    	 	-1-	 

     

    

 

NOW, THEREFORE, in consideration of the foregoing
and the mutual representations, warranties and covenants, and subject to the conditions, herein contained, and intending to be legally
bound hereby, the parties hereto hereby agree as follows:

 

1.            Subscription.
Subject to the terms and conditions hereof, Subscriber hereby irrevocably subscribes for
and agrees to purchase from the Company the number of Shares set forth on the signature page of this Subscription Agreement. Subscriber
acknowledges and agrees that the Company reserves the right to accept or reject Subscriber’s subscription for the Shares for any
reason or for no reason, in whole or in part, at any time prior to its acceptance, and the same shall be deemed to be accepted by the
Company only when this Subscription Agreement is signed by a duly authorized person by or on behalf of the Company; the Company may do
so in counterpart form. Upon partial acceptance by the Company (i) the Purchase Price shall be reduced proportionally based on the
Per Share Price; and (ii) the term “Subscribed Shares” shall refer to such number of Shares accepted by the Company
pursuant to the second sentence of this Section 1. Such subscription and issuance described in the foregoing of this Section 1
is referred to as the “Subscription”.

 

2.            Closing.

 

a.            The
consummation of the Subscription contemplated hereby (the “Closing”) shall occur on the Closing Date immediately prior
to, and is contingent upon, the consummation of the Transaction and the terms and conditions of this Subscription Agreement.

 

b.            At
least five (5) Business Days (as defined below) before the anticipated Closing Date, the Company shall deliver written notice to
Subscriber (the “Closing Notice”) specifying (i) the anticipated Closing Date, (ii) the wire instructions
for delivery of the Purchase Price to the Company and (iii) whether the Company elects to exercise its right to reduce the number
of Subscribed Shares pursuant to the proviso in Section 1 of this Subscription Agreement. No later than three (3) Business Days
after receiving the Closing Notice, Subscriber shall deliver to the Company such information as is reasonably requested in the Closing
Notice in order for the Company to issue the Subscribed Shares to Subscriber, including, without limitation, the legal name of the person
in whose name the Subscribed Shares are to be issued. No later than three (3) Business Days prior to the Closing Date, Subscriber
shall deliver the Purchase Price for the Subscribed Shares by wire transfer of United States dollars in immediately available funds to
the account specified by the Company in the Closing Notice, such funds to be held by the Company in escrow until the Closing. Upon satisfaction
(or, if applicable, waiver) of the conditions set forth in this Section 2, the Company shall deliver to Subscriber (i) at
the Closing, the Subscribed Shares in book entry form and registered in the Company’s register of members, free and clear of any
liens or other restrictions (other than those arising under state or federal securities laws), in the name of Subscriber (or its nominee
in accordance with its delivery instructions), and (ii) as promptly as practicable after the Closing (but no later than two (2) Business
Days after Closing), evidence from the Company’s transfer agent of the issuance to Subscriber of the Subscribed Shares on and as
of the Closing Date. Notwithstanding the foregoing two sentences, for any Subscriber that informs the Company (1) that it is an investment
company registered under the Investment Company Act of 1940, as amended (the “Investment Company Act”), (2) that
it is advised by an investment adviser subject to regulation under the Investment Advisers Act of 1940, as amended, or (3) that its
internal compliance policies and procedures so require, then, in lieu of the settlement procedures in the foregoing two sentences, the
following shall apply: such Subscriber shall deliver at 8:00 a.m., New York City time (or as soon as practicable following receipt
of evidence from the Company’s registered office provider or transfer agent of the issuance to Subscriber of the Subscribed Shares
on and as of the Closing Date) on the Closing Date the Purchase Price for the Subscribed Shares by wire transfer of United States dollars
in immediately available funds to the account specified by the Company in the Closing Notice against (and concurrently with) delivery
by the Company to Subscriber of (A) the Subscribed Shares in book entry form, free and clear of any liens or other restrictions (other
than those arising under this Subscription Agreement or under applicable state or federal
securities laws), in the name of Subscriber (or its nominee in accordance with its delivery instructions) or to a custodian designated
by Subscriber, as applicable, and (B) evidence from the Company’s registered office provider or its transfer agent of the issuance
to Subscriber of the Subscribed Shares on and as of the Closing Date. In the event that the consummation of the Transaction does not occur
within five (5) Business Days after the anticipated Closing Date specified in the Closing Notice, unless otherwise agreed to in writing
by the Company and the Subscriber, the Company shall promptly (but in no event later than seven (7) Business Days after the anticipated
Closing Date specified in the Closing Notice) return the funds so delivered by Subscriber to the Company by wire transfer in immediately
available funds to the account specified by Subscriber, and any book entries representing the Subscribed Shares shall be deemed cancelled.
Notwithstanding such return or cancellation, (x) a failure to close on the anticipated Closing Date shall not, by itself, be deemed
to be a failure of any of the conditions to Closing set forth in this Section 2(b) to be satisfied or waived on or prior
to the Closing Date, and (y) unless and until this Subscription Agreement is terminated in accordance with Section 7,
Subscriber shall remain obligated (A) to redeliver funds to the Company following the Company’s delivery to Subscriber of a
new Closing Notice and (B) to consummate the Closing upon satisfaction of the conditions set forth in this Section 2.
For the purposes of this Subscription Agreement, “Business Day” means any day other than a Saturday, Sunday or other
day on which commercial banks in the Cayman Islands, the United States, Hong Kong, Singapore or Taiwan are authorized or required by law
to be closed for business.

 

    	 	-2-	 

     

    

 

c.            The
Closing shall be subject to the satisfaction or valid waiver by the Company and the SPAC, on the one hand, or the Subscriber, on the other,
of the conditions that, on the Closing Date:

 

		i.	no suspension of the listing or qualification of the Subscribed Shares for offering or sale or trading in any jurisdiction,
or initiation or, to the Company’s knowledge, threatening in writing of any proceedings for any such purpose, shall have
occurred, and the Shares shall have been approved for listing, subject to official notice of issuance, on the Nasdaq Stock Market LLC
(“Nasdaq”) or another national securities exchange;

 

		ii.	all conditions precedent to the closing of the Transaction shall have been satisfied (as determined by the parties to the Merger Agreement
and other than those conditions under the Merger Agreement which, by their nature, are to be fulfilled at the Closing (but
subject to the satisfaction of such conditions as of the closing of the Transaction)) or waived, provided that any waiver does not materially
and adversely affect the economic benefits that Subscriber would reasonably expect to receive under this Subscription Agreement,
and the closing of the Transaction shall be scheduled to occur substantially concurrent with or immediately following the Closing; and

 

    	 	-3-	 

     

    

 

		iii.	no applicable governmental authority shall have enacted, issued, promulgated, enforced or entered any judgment, order, law, rule or
regulation (whether temporary, preliminary or permanent) which is then in effect and has the effect of making consummation of the transactions
contemplated hereby illegal or otherwise restraining or prohibiting consummation of the transactions contemplated hereby; and
no such governmental authority shall have instituted or, to the Company’s knowledge, threatened in writing a proceeding seeking
to impose any such restraint or prohibition.

 

d.            The
obligation of the Company to consummate the Closing shall be subject to the satisfaction or valid waiver by the Company and the SPAC of
the additional conditions that, on the Closing Date:

 

		i.	all representations and warranties of Subscriber contained in this Subscription Agreement shall be true and correct in all material
respects (other than representations and warranties that are qualified as to materiality or Subscriber Material Adverse Effect (as defined
below), which representations and warranties shall be true in all respects) at and as of the Closing Date, unless such representations
and warranties specifically speak of an earlier date, in which case, they shall be true and correct in all material respects (other than
representations and warranties that are qualified as to materiality or Subscriber Material Adverse Effect (as defined below), which representations
and warranties shall be true in all respects) as of such date; and

 

		ii.	Subscriber shall have performed, satisfied and complied in all material respects with all covenants, agreements and conditions required
by this Subscription Agreement to be performed, satisfied or complied with by it at or prior to the Closing.

 

e.            The
obligation of Subscriber to consummate the Closing shall be subject to the satisfaction or valid waiver by Subscriber of the additional
conditions that, on the Closing Date:

 

		i.	all representations and warranties of the Company and the SPAC contained in this Subscription Agreement shall be true and correct
in all material respects (other than representations and warranties that are qualified as to materiality or Company Material Adverse Effect
(as defined below) or SPAC Material Adverse Effect (as defined below), which representations and warranties shall be true in all respects)
at and as of the Closing Date, unless such representations and warranties specifically speak of an earlier date, in which case, they shall
be true and correct in all material respects (other than representations and warranties that are qualified as to materiality or Company
Material Adverse Effect or SPAC Material Adverse Effect, which representations and warranties shall be true in all respects) as of such
date;

 

    	 	-4-	 

     

    

 

		ii.	the Company shall have performed, satisfied and complied in all material respects with all covenants, agreements and conditions required
by this Subscription Agreement to be performed, satisfied or complied with by it at or prior to the Closing;

 

		iii.	the Merger Agreement (as the same exists on the date of this Subscription Agreement) shall not have been amended, and there shall
have been no waiver or modification to the Merger Agreement, in each case in a manner that materially and adversely affects the economic
benefits that Subscriber would reasonably expect to receive under this Subscription Agreement, except to the extent consented to in writing
by Subscriber;

 

		iv.	there shall have been no amendment, waiver or modification to any Other Subscription Agreements that materially benefits any Other
Subscribers unless Subscriber has been offered substantially similar benefits in writing; and

 

		v.	the Company’s listing application with Nasdaq in connection with the closing of the Transaction shall have been conditionally
approved and, immediately following the closing of the Transaction pursuant to the Merger Agreement, the Company shall satisfy any applicable
initial and continued listing requirements of Nasdaq and the Company shall not have received any notice of noncompliance therewith, and
the Shares shall have been approved for listing on Nasdaq, subject to official notice of issuance.

 

f.            Prior
to or at the Closing, Subscriber shall deliver to the Company all such other information as is reasonably requested in order for the Company
to issue the Subscribed Shares to Subscriber, including a duly completed and executed Internal Revenue Service Form W-9 or appropriate
Form W-8.

 

    	 	-5-	 

     

    

 

3.            Company
Representations and Warranties. The Company represents and warrants to Subscriber and the SPAC that:

 

a.            The
Company (i) is duly organized, validly existing and in good standing under the laws of the Cayman Islands, (ii) has the requisite
power and authority to own, lease and operate its properties, to carry on its business as it is now being conducted and as shall be conducted
following the Transaction and to enter into and, in the case of the Company, perform its obligations under this Subscription Agreement,
and (iii) is duly licensed or qualified to conduct its business and, if applicable, is in good standing under the laws of each jurisdiction
(other than its jurisdiction of incorporation) in which the conduct of its business or the ownership of its properties or assets requires
such license or qualification, except, with respect to the foregoing clause (iii), where the failure to be in good standing would
not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect. For purposes of this Subscription
Agreement, a “Company Material Adverse Effect” means an event, change, development, occurrence, condition or effect
with respect to the Company and its subsidiaries, taken individually or together as a whole (on a consolidated basis), that would be reasonably
expected to have a material adverse effect on the Company’s business, properties, financial condition, shareholders’ equity
or results of operations or materially affects the validity of the Subscribed Shares or the legal authority or ability of the Company
to consummate the transactions contemplated hereby, including the issuance and sale of the Subscribed Shares; provided, however,
that, with respect to Section 3.a.(iii), no changes resulting from, relating to or arising out of the following shall be deemed
to be or constitute a Company Material Adverse Effect: (A) general economic, financial, trade or political conditions in the United
States, Hong Kong or Taiwan or any other jurisdiction in which the Company has substantial business or operations, and any changes therein
after the date of the Merger Agreement (including any changes arising out of acts of terrorism, war, government, epidemic, weather conditions
or other force majeure events) to the extent that such conditions do not have a disproportionate effect on the Company and its subsidiaries,
taken as a whole, compared to other participants in the industries in which the Company and its subsidiaries conduct their businesses;
or (B) changes in applicable laws, generally accepted accounting principles in the United States or International Financial Reporting
Standards after the date of the Merger Agreement.

 

b.            As
of the Closing Date, the Subscribed Shares will have been duly authorized and, when issued and delivered to Subscriber against full payment
therefor in accordance with the terms of this Subscription Agreement and the memorandum and articles of association of the Company (as
amended from time to time) and following the updates to the register of members of the Company in respect of such Subscribed Shares in
accordance with the Companies Act (As Revised) of the Cayman Islands, the Subscribed Shares will be validly issued, fully paid and non-assessable,
free and clear of all liens or other restrictions (other than those arising under this Agreement, the Merger Agreement or any applicable
laws) and will not have been issued in violation of, or subject to any preemptive or similar rights created under, the Company’s
memorandum and articles of association (as amended from time to time) or under the Companies Act (As Revised) of the Cayman Islands.

 

c.            This
Subscription Agreement has been duly authorized, executed and delivered by the Company, and assuming the due authorization, execution
and delivery of the same by the SPAC and Subscriber, this Subscription Agreement shall constitute the valid and legally binding obligation
of the Company, enforceable against the Company in accordance with its terms, except as such enforceability may be limited by bankruptcy,
insolvency, reorganization, moratorium and similar laws affecting creditors generally and by the availability of equitable remedies.

 

    	 	-6-	 

     

    

 

d.            Assuming
the accuracy of the representations and warranties of the Subscriber, the execution and delivery of this Subscription Agreement, the issuance
and sale of the Subscribed Shares and the compliance by the Company with all of the provisions of this Subscription Agreement and the
consummation of the transactions contemplated herein will be done in accordance with the rules of the Nasdaq marketplace and will
not conflict with or result in a breach or violation of any of the terms or provisions of, or constitute a default under, or result in
the creation or imposition of any lien, charge or encumbrance upon any of the property or assets of the Company pursuant to the terms
of (i) any indenture, mortgage, deed of trust, loan agreement, lease, license or other agreement or instrument to which the Company
is a party or by which the Company is bound or to which any of the property or assets of the Company is subject; (ii) the organizational
documents of the Company; or (iii) any statute or any judgment, order, rule or regulation of any court or governmental agency
or body, domestic or foreign, having jurisdiction over the Company or any of its properties that, in the case of clauses (i) and
(iii), would reasonably be expected to have a Company Material Adverse Effect.

 

e.            Assuming
the accuracy of the SPAC’s representations and warranties set forth in Section 4 and the Subscriber’s representations
and warranties set forth in Section 5 of this Subscription Agreement, no registration under the Securities Act of 1933, as
amended (the “Securities Act”) is required for the offer and sale of the Subscribed Shares by the Company to Subscriber.

 

f.            Assuming
the accuracy of the representations and warranties of Subscriber, the Company is not required to obtain any consent, waiver, authorization
or order of, give any notice to, or make any filing or registration with, any court or other federal, state, local or other governmental
authority, self-regulatory organization (including Nasdaq) or other person in connection with the execution, delivery and performance
of this Subscription Agreement (including, without limitation, the issuance of the Subscribed Shares),other than (i) filings required
by applicable state securities laws, (ii) the filing of the Registration Statement (as defined below) pursuant to Section 6,
(iii) other required filings with the Commission relating to the Transaction, (iv) those required by the Nasdaq, including with
respect to obtaining stockholder approval, if applicable, (v) those required to consummate the Transaction as provided under the
Merger Agreement and (vi) the failure of which to obtain would not reasonably be expected to have a Company Material Adverse Effect.

 

g.            Neither
the Company nor any person acting on its behalf has engaged or will engage in any form of general solicitation or general advertising
(within the meaning of Regulation D) in connection with any offer or sale of the Subscribed Shares. The Subscribed Shares are not being
offered in a manner involving a public offering under, or in a distribution in violation of, the Securities Act, or any state securities
laws.

 

h.            Upon
consummation of the Transaction and except as set out in the Merger Agreement, the Company will own all of the equity securities of the
SPAC.

 

i.             There
are no Other Subscription Agreements, side letter agreements or other agreements or understandings with any Other Subscriber or any other
investor or potential investor with respect to the purchase of equity securities of the Company which include terms and conditions (economic
or otherwise) that are more advantageous to any such Other Subscriber, investor or potential investor as compared to the Subscriber. The
Other Subscription Agreements have not been amended or modified following the date of this Subscription Agreement that
would result in a violation of the previous sentence. Neither the Company nor the SPAC shall release any Other Subscriber under
any Other Subscription Agreement from any of its obligations thereunder or any other agreements with any Other Subscriber under any Other
Subscription Agreement unless it offers a similar release to the Subscriber with respect to any similar obligations it has hereunder.

 

    	 	-7-	 

     

    

 

j.             The
Company is not in default or violation (and no event has occurred which, with notice or the lapse of time or both, would constitute a
default or violation) of any term, condition, or provision of (i) any indenture, mortgage, deed of trust, loan agreement, lease,
license or other agreement or instrument to which the Company is a party or by which the Company is bound or to which any of the property
or assets of the Company is subject; (ii) the organizational documents of the Company; or (iii) any statute or any judgment,
order, rule or regulation of any court or governmental agency or body, domestic or foreign, having jurisdiction over the Company
or any of its properties that, in the case of clauses (i) and (iii), would reasonably be expected to have a Company
Material Adverse Effect.

 

k.            The
Company is not under any obligation to pay any broker’s fee or commission in connection with the sale of the Subscribed Shares other
than to the Citigroup Global Markets Inc. and UBS Securities LLC (collectively, the “Placement Agents”). The provisions
in this Subscription Agreement relating to the Placement Agents shall not apply to any sale of the Subscribed Shares if the Subscriber
was not introduced by the Placement Agents.

 

l.             As
of the date of this Subscription Agreement, the authorized share capital of the Company is US$107,737,264.1464 divided into 85,714,286
Company Series C preferred shares of the Company, par value US$1.00 each; 229,781,464 ordinary shares of the Company, par value US$0.0001
each; and 22,000,000 redeemable preferred shares of the Company, par value US$1.00 each. The issued and outstanding equity securities
of the Company (i) have been duly authorized and validly issued and are fully paid and non-assessable; (ii) have been offered,
sold and issued in compliance in all material respects with applicable law and all requirements set forth in (1) the organizational
documents of the Company and (2) any other applicable contracts governing the issuance of such equity securities; (iii) are
not subject to, nor have they been issued in violation of, any purchase option, call option, right of first refusal, preemptive right,
subscription right or any similar right under any provision of any applicable law, the organizational documents of the Company or any
contract to which the Company is a party or otherwise bound; and (iv) are free and clear of any liens imposed by the Company (other
than restrictions arising under applicable law, the Company’s organizational documents and the Transaction documents).

 

m.           The
Company is in compliance with all applicable laws, except where such non-compliance would not, individually or in the aggregate, be reasonably
expected to have a Company Material Adverse Effect. The Company has not received any written communication, from a governmental authority
that alleges that the Company is not in compliance with or is in default or violation of any applicable law, except where such non-compliance,
default or violation would not be reasonably expected to have a Company Material Adverse Effect.

 

    	 	-8-	 

     

    

 

n.            The
Company is not (i) a person or entity named on the List of Specially Designated Nationals and Blocked Persons administered by the
U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) or in any Executive Order issued by the
President of the United States and administered by OFAC (“OFAC List”), or a person or entity prohibited by any applicable
sanctions program by OFAC, the United Nations Security Council, the European Union, Her Majesty’s Treasury of the United Kingdom,
or other relevant sanctions authority (collectively, “Sanctions”), (ii) a Designated National as defined in the
Cuban Assets Control Regulations, 31 C.F.R. Part 515, or (iii) a non-U.S. shell bank or providing banking services indirectly
to a non-U.S. shell bank.

 

o.            Except
for such matters as have not had and would not reasonably be expected to have a Company Material Adverse Effect, there is no (i) suit,
action, proceeding or arbitration before a governmental authority or arbitrator pending, or, to the knowledge of the Company, threatened
in writing against the Company or (ii) judgment, decree, injunction, ruling or order of any governmental authority or arbitrator
outstanding against the Company.

 

p.            Either:
(A) Subscriber is not and is not controlled by a “foreign person,” as defined in Section 721 of the Defense Production
Act of 1950, as amended, including all implementing regulations thereof (the “DPA”), or (B) the Company does not
intend for Subscriber to obtain any of the following with respect to the Company as a result of Subscriber’s participation in this
Subscription Agreement: (i) access to any “material nonpublic technical information” (as defined in the DPA) in the possession
of the Company; (ii) membership or observer rights on the board of directors or equivalent governing body of the Company or the right
to nominate an individual to a position on the board of directors or equivalent governing body of the Company; (iii) any involvement,
other than through the voting of shares, in the substantive decisionmaking of the Company regarding (x) the use, development, acquisition,
or release of any “critical technology” (as defined in the DPA), (y) the use, development, acquisition, safekeeping,
or release of “sensitive personal data” (as defined in the DPA) of U.S. citizens maintained or collected by the Company, or
(z) the management, operation, manufacture, or supply of “covered investment critical infrastructure” (as defined in
the DPA); or (iv) “control” of the Company (as defined in the DPA) ((i)-(iv) being the “DPA Triggering
Rights”).

 

4.            SPAC
Representations and Warranties. The SPAC represents and warrants to the Company and Subscriber that:

 

a.            The
SPAC (i) is duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation, and (ii) has
the requisite power and authority to own, lease and operate its properties, to carry on its business as it is now being conducted and
to enter into and perform its obligations under this Subscription Agreement

 

b.            This
Subscription Agreement has been duly authorized, executed and delivered by the SPAC, and assuming the due authorization, execution and
delivery of the same by the Company and Subscriber, this Subscription Agreement shall constitute the valid and legally binding obligation
of the SPAC, enforceable against the SPAC in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency,
reorganization, moratorium and similar laws affecting creditors generally and by the availability of equitable remedies.

 

    	 	-9-	 

     

    

 

c.            Assuming
the accuracy of the representations and warranties of the Company and Subscriber, the execution and delivery of this Subscription Agreement,
the compliance by the Company with all of the provisions of this Subscription Agreement and the consummation of the transactions contemplated
herein will be done in accordance with the Nasdaq marketplace rules and will not conflict with or result in a breach or violation
of any of the terms or provisions of, or constitute a default under, or result in the creation or imposition of any lien, charge or encumbrance
upon any of the property or assets of the SPAC pursuant to the terms of (i) any indenture, mortgage, deed of trust, loan agreement,
lease, license or other agreement or instrument to which the SPAC is a party or by which the SPAC is bound or to which any of the property
or assets of the SPAC is subject; (ii) the organizational documents of the SPAC; or (iii) any statute or any judgment, order,
rule or regulation of any court or governmental agency or body, domestic or foreign, having jurisdiction over the SPAC or any of
its properties that, in the case of clauses (i) and (iii), would reasonably be expected to have a SPAC Material Adverse Effect.
For purposes of this Subscription Agreement, a “SPAC Material Adverse Effect” means an event, change, development,
occurrence, condition or effect with respect to the SPAC and its subsidiaries, taken together as a whole (on a consolidated basis) that,
would be reasonably expected to have a material adverse effect on the ability of the SPAC to consummate the transactions contemplated
hereby, including the Transaction.

 

d.            Assuming
the accuracy of the representations and warranties of the Company and Subscriber, the SPAC is not required to obtain any consent, waiver,
authorization or order of, give any notice to, or make any filing or registration with, any court or other federal, state, local or other
governmental authority, self-regulatory organization (including Nasdaq) or other person in connection with the execution, delivery and
performance of this Subscription Agreement (including, without limitation, the issuance of the Subscribed Shares), other than (i) filings
required by applicable state securities laws, (ii) the filing of the Registration Statement (as defined below) pursuant to Section 6,
(iii) other required filings with the Commission relating to the Transaction, (iv) those required by the Nasdaq, including with
respect to obtaining stockholder approval, if applicable, (v) those required to consummate the Transaction as provided under the
Merger Agreement and (vi) the failure of which to obtain would not reasonably be expected to have a Company Material Adverse Effect
or SPAC Material Adverse Effect.

 

e.            Except
for such matters as have not had and would not reasonably be expected to have, individually or in the aggregate, a SPAC Material Adverse
Effect, there is no (i) suit, action, proceeding or arbitration before a governmental authority or arbitrator pending, or, to the
knowledge of the SPAC, threatened in writing against the SPAC or (ii) judgment, decree, injunction, ruling or order of any governmental
authority or arbitrator outstanding against the SPAC.

 

    	 	-10-	 

     

    

 

f.            As
of the date hereof, the authorized share capital of the SPAC consists of 500,000,000 shares of class A ordinary shares, par value $0.0001
per share (“Class A Shares”) and 50,000,000 shares of class B ordinary shares, par value $0.0001 per share (“Class B
Shares”, and together with the Class A Shares, “Common Stock”), and 5,000,000 preferred shares, par
value $0.0001 per share (“Preferred Shares”, and together with the Common Stock, the “SPAC Shares”).
As of the date hereof: (i) 34,500,000 Class A Shares, 8,625,000 Class B Shares and no Preferred Shares were issued and
outstanding; (ii) 26,650,000 warrants, each exercisable to purchase one Class A Share at $11.50 per share (“Warrants”),
were issued and outstanding, including 9,400,000 private placement warrants; and (iii) no SPAC Shares are subject to issuance upon
exercise of outstanding options. No Warrants are exercisable on or prior to the Closing. All (A) issued and outstanding Common Stock
has been duly authorized and validly issued, is fully paid and non-assessable and (B) outstanding Warrants have been duly authorized
and validly issued. As of the date hereof, except as set forth above , there are no outstanding options, warrants or other rights to subscribe
for, purchase or acquire from the SPAC any Common Stock or other equity interests in the SPAC (collectively, “Equity Interests”)
or securities convertible into or exchangeable or exercisable for Equity Interests. As of the date hereof, the SPAC has no subsidiaries
and does not own, directly or indirectly, interests or investments (whether equity or debt) in any person, whether incorporated or unincorporated.
There are no stockholder agreements, voting trusts or other agreements or understandings to which the SPAC is a party or by which it is
bound relating to the voting of any Equity Interests, other than the letter agreements entered into by the SPAC in connection with the
SPAC’s initial public offering on January 8, 2021 pursuant to which the SPAC’s sponsor and the SPAC’s executive
officers and directors agreed to vote in favor of any proposed Business Combination (as defined therein), which includes the Transaction,
as amended on the date hereof pursuant to the terms of the Merger Agreement. The Class A Shares are registered pursuant to Section 12(b) of
the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and listed for trading on Nasdaq. There is no
suit, action, proceeding or investigation pending or, to the knowledge of the SPAC, threatened against the SPAC by Nasdaq or the Securities
and Exchange Commission (the “Commission”) with respect to any intention by such entity to deregister the Class A
Shares or prohibit or terminate the listing of the Class A Shares on the Nasdaq. The SPAC has taken no action that is designed to
terminate the registration of the Class A Shares under the Exchange Act prior to the Closing.

 

g.            As
of their respective dates, all reports, statements, schedules, prospectuses, proxy statements, registration statements and other documents
required to be filed by the SPAC with the Commission prior to the date of this Subscription Agreement (the “SPAC SEC Reports”)
complied in all material respects with the requirements of the Securities Act and the Exchange Act and the rules and regulations
of the Commission promulgated thereunder, and none of the SPAC SEC Reports, when filed, contained any untrue statement of a material fact
or omitted to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of
the circumstances under which they were made, not misleading. The SPAC has timely filed each SPAC SEC Report since its initial registration
of the SPAC Shares with the Commission. The financial statements of the SPAC included in the SPAC SEC Reports comply in all material respects
with applicable accounting requirements and the rules and regulations of the Commission with respect thereto as in effect at the
time of filing and fairly present in all material respects the financial position of the SPAC as of and for the dates thereof and the
results of operations and cash flows for the periods then ended, subject, in the case of unaudited statements, to normal, year-end audit
adjustments. To the knowledge of the SPAC, there are no material outstanding or unresolved comments in comment letters from the staff
of the Commission with respect to any of the SPAC SEC Reports.

 

    	 	-11-	 

     

    

 

h.            Upon
consummation of the Transaction and except as set out in the Merger Agreement, the Company will own all of the equity securities of the
SPAC.

 

i.             The
SPAC or any affiliated party has not entered into any subscription agreement, side letter or other agreement with any Other Subscribers
or any other investor in connection with their direct or indirect investment in the Company other than (i) the Merger Agreement and
(ii) the Other Subscription Agreements; provided that no Other Subscription Agreement includes terms and conditions that are
more advantageous to any such Other Subscriber than to the Subscriber hereunder. The Other Subscription Agreements have not been amended
or waived following the date of this Subscription Agreement that would result in a violation of
the previous sentence and reflect the same Purchase Price and economic terms that are no more favorable to any such Other Subscriber
thereunder than the economic terms of this Subscription Agreement.

 

5.            Subscriber
Representations and Warranties. Subscriber represents and warrants to the Company and the SPAC that:

 

a.            Subscriber
(i), if an entity, is duly organized, validly existing and in good standing under the laws of its jurisdiction of organization, and (ii) has
the requisite power and authority to enter into and perform its obligations under this Subscription Agreement.

 

b.            This
Subscription Agreement has been duly executed and delivered by Subscriber, and assuming the due authorization, execution and delivery
of the same by the Company and the SPAC, this Subscription Agreement shall constitute the valid and legally binding obligation of Subscriber,
enforceable against Subscriber in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization,
moratorium and similar laws affecting creditors generally and by the availability of equitable remedies.

 

c.            Assuming
the accuracy of the representations and warranties of the Company and the SPAC in this Subscription Agreement, the execution and delivery
of this Subscription Agreement, the purchase of the Subscribed Shares and the compliance by Subscriber with all of the provisions of this
Subscription Agreement and the consummation of the transactions contemplated herein will not conflict with or result in a breach or violation
of any of the terms or provisions of, or constitute a default under, or result in the creation or imposition of any lien, charge or encumbrance
upon any of the property or assets of Subscriber pursuant to the terms of (i) any material indenture, mortgage, deed of trust, loan
agreement, lease, license or other agreement or instrument to which Subscriber is a party or by which Subscriber is bound or to which
any of the property or assets of Subscriber is subject; (ii) the organizational documents of Subscriber (if any); or (iii) any
statute or any judgment, order, rule or regulation of any court or governmental agency or body, domestic or foreign, having jurisdiction
over Subscriber or any of its properties that, in the case of clauses (i) and (iii), would reasonably be expected to have,
individually or in the aggregate, a Subscriber Material Adverse Effect. For purposes of this Subscription Agreement, a “Subscriber
Material Adverse Effect” means an event, change, development, occurrence, condition or effect with respect to Subscriber that
would reasonably be expected to have a material adverse effect on Subscriber’s ability to consummate the transactions contemplated
hereby, including the purchase of the Subscribed Shares.

 

    	 	-12-	 

     

    

 

d.            Subscriber
(i) (A) is a “qualified institutional buyer” (as defined in Rule 144A under the Securities Act) or an institutional
 “accredited investor” (within the meaning of Rule 501(a)(1), (2), (3), (7), (8), (9), (12) or (13) under the Securities
Act) that is an “Institutional Account” as defined in FINRA Rule 4512(c), satisfying
the applicable requirements set forth on Annex A, or (B) understands that the sale of the Subscribed Shares is made pursuant to and
in reliance upon Regulation S promulgated under the Securities Act (“Regulation S”), and acknowledges and agrees that
he, she or it is not a U.S. Person (as defined in Regulation S) or a United States person (as defined in Section 7701(a)(3) of
the U.S. Internal Revenue Code of 1986, as amended (the “Code”)), is acquiring the Subscribed Shares in an offshore
transaction in reliance on Regulation S, and has received all the information that it considers necessary and appropriate to decide whether
to acquire the Subscribed Shares hereunder, (ii) is acquiring the Subscribed Shares only for its own account and not for the account
of others, or if Subscriber is subscribing for the Subscribed Shares as a fiduciary or agent for one or more investor accounts, Subscriber
has full investment discretion with respect to each such account, and the full power and authority to make the acknowledgements, representations
and agreements herein on behalf of each owner of each such account, and (iii) is not acquiring the Subscribed Shares with a view
to, or for offer or sale in connection with, any distribution thereof in violation of the Securities Act. Subscriber is not an entity
formed for the specific purpose of acquiring the Subscribed Shares, unless such newly formed entity
is an entity in which all of the equity owners are “accredited investors” (within the meaning of Rule 501(a) under
the Securities Act).

 

e.            Subscriber
understands that the Subscribed Shares are being offered in a transaction not involving any public offering within the meaning of the
Securities Act and that the Subscribed Shares have not been registered under the Securities Act. Subscriber understands that the Subscribed
Shares may not be resold, transferred, pledged or otherwise disposed of by Subscriber absent an effective registration statement under
the Securities Act, except (i) to the Company or a subsidiary thereof, (ii) pursuant to an applicable exemption from the registration
requirements of the Securities Act (including, without limitation, a private resale pursuant to the so-called “Section 4(a)(11⁄2)”
or to a non-U.S. person pursuant to an offer or sale that occurred outside the United States within the meaning of Regulation S under
the Securities Act), or (iii) an ordinary course pledge such as a broker lien over account property generally and, in each of cases
(i)-(iii), in accordance with any applicable securities laws of the states and other jurisdictions of the United States, and as
a result of these transfer restrictions, Subscriber may not be able to readily resell the Subscribed Shares and may be required to bear
the financial risk of an investment in the Subscribed Shares for an indefinite period of time. Subscriber acknowledges and agrees that
the Subscribed Shares will not be guaranteed to be eligible for offer, resale, transfer, pledge or disposition pursuant to Rule 144
promulgated under the Securities Act until at least one year from the Closing Date. Subscriber understands that it has been advised to
consult legal counsel prior to making any offer, resale, pledge or transfer of any of the Subscribed Shares. Subscriber acknowledges and
agrees that, at the time of issuance, the certificate or book entry position representing the Subscribed Shares will bear or reflect,
as applicable, a legend substantially similar to the following:

 

    	 	-13-	 

     

    

 

“THIS SECURITY WAS ORIGINALLY ISSUED IN A TRANSACTION
EXEMPT FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND MAY NOT BE OFFERED,
SOLD OR OTHERWISE TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN APPLICABLE EXEMPTION THEREFROM. THE HOLDER OF THIS SECURITY AGREES
THAT THIS SECURITY MAY BE OFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED, ONLY (I) PURSUANT TO ANY EXEMPTION FROM THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT, (II) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT, (III) TO
THE COMPANY, OR (IV) PURSUANT TO AN ORDINARY COURSE PLEDGE SUCH AS A BROKER LIEN OF ACCOUNT PROPERTY GENERALLY, IN EACH OF CASES
(I) THROUGH (IV) IN ACCORDANCE WITH ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES.”

 

f.            Subscriber
understands and agrees that Subscriber is purchasing the Subscribed Shares directly from the Company. Subscriber further acknowledges
that there have not been, and Subscriber hereby agrees that it is not relying on, any representations, warranties, covenants or agreements
made to Subscriber by the Company, the SPAC, the Placement Agents, any of their respective affiliates or any control persons, officers,
directors, employees, partners, agents or representatives or any other party to the Transaction or any other person or entity, expressly
or by implication, other than those representations, warranties, covenants and agreements of the Company and the SPAC set forth in this
Subscription Agreement. Subscriber acknowledges that certain information provided to it was based on projections, and such projections
were prepared based on assumptions and estimates that are inherently uncertain and are subject to a wide variety of significant business,
economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the projections.

 

g.            In
making its decision to purchase the Subscribed Shares, Subscriber has (i) conducted its own investigation of the Company, the SPAC
and the Subscribed Shares, (ii) had access to, and an adequate opportunity to review, financial and other information as it deems
necessary to make its decision to purchase the Subscribed Shares, (iii) been offered the opportunity to ask questions of the Company
and the SPAC and received answers thereto, including on the financial information, as it deemed necessary in connection with its decision
to purchase the Subscribed Shares; and (iv) made its own assessment and satisfied itself concerning the relevant tax and other economic
considerations relevant to its investment in the Subscribed Shares.

 

    	 	-14-	 

     

    

 

h.            [Reserved]

 

i.             Subscriber
became aware of this offering of the Subscribed Shares solely by means of direct contact between Subscriber and the Company, or their
respective representatives or affiliates, or by means of contact from the Placement Agents and the Subscribed Shares were offered to Subscriber
solely by direct contact between Subscriber and the Company, or their respective representatives or affiliates. Subscriber did not become
aware of this offering of the Subscribed Shares, nor were the Subscribed Shares offered to Subscriber, by any other means. Subscriber
acknowledges that the Company represents and warrants that the Subscribed Shares (i) were not offered by any form of general solicitation
or general advertising and (ii) are not being offered in a manner involving a public offering under, or in a distribution in violation
of, the Securities Act, or any state securities laws.

 

j.             Subscriber
acknowledges that it is able to fend for itself and is aware that there are substantial risks incident to the purchase and ownership of
the Subscribed Shares. Subscriber has such knowledge and experience in financial and business matters as to be capable of evaluating the
merits and risks of an investment in the Subscribed Shares, and Subscriber has been offered the opportunity to ask questions of the Company
and received answers thereto, including on the financial information, as Subscriber deemed necessary in connection with its decision to
purchase the Subscribed Shares, and has made its own assessment and has satisfied itself concerning the relevant tax and other economic
considerations relevant to its investment in the Subscribed Shares. Subscriber has adequately analyzed and fully considered the risks
of an investment in the Subscribed Shares and determined that the Subscribed Shares are a suitable investment for Subscriber and that
Subscriber is able at this time and in the foreseeable future to bear the economic risks of its prospective investment and can afford
the complete loss of such investment.

 

k.             Subscriber
understands and acknowledges that no federal or state agency has passed upon or endorsed the merits of the offering of the Subscribed
Shares or made any findings or determination as to the fairness of this investment.

 

l.             Subscriber
is not (i) a person or entity named on any OFAC List, or a person or entity prohibited by any Sanctions, (ii) a Designated National
as defined in the Cuban Assets Control Regulations, 31 C.F.R. Part 515, or (iii) a non-U.S. shell bank or providing banking
services indirectly to a non-U.S. shell bank. Subscriber agrees to provide law enforcement agencies, if requested thereby, such records
as required by applicable law, provided that Subscriber is permitted to do so under applicable law. Subscriber represents that, if it
is a U.S. financial institution subject to the BSA/PATRIOT Act, Subscriber maintains policies and procedures reasonably designed to comply
with applicable obligations under the BSA/PATRIOT Act. Subscriber also represents that, to the extent Subscriber is a U.S. person subject
to the requirements of OFAC and required by applicable law, it maintains policies and procedures reasonably designed for the screening
of its investors against Sanctions, including the OFAC List. Subscriber further represents and warrants that the funds held by Subscriber
are not derived from illegal activities and, to the extent Subscriber is a U.S. person subject to the requirements of OFAC and required
by applicable law, it maintains policies and procedures reasonably designed to ensure that the funds held by Subscriber and used to purchase
the Subscribed Shares were legally derived.

 

    	 	-15-	 

     

    

 

m.           Subscriber
does not have, as of the date hereof, and during the 30-day period immediately prior to the date hereof such Subscriber has not entered
into, any “put equivalent position” as such term is defined in Rule 16a-1 under the Exchange Act or short sale positions
with respect to the securities of the Company. Notwithstanding the foregoing, in the case of a Subscriber that is a multi-managed investment
vehicle or an owner of a separate account whereby separate portfolio managers manage separate portions of such Subscriber’s assets
and the portfolio managers have no direct knowledge of the investment decisions made by the portfolio managers managing other portions
of such Subscriber’s assets, the representation set forth above shall only apply with respect to the portion of assets managed by
the portfolio manager that made the investment decision to purchase the Subscribed Shares covered by this Subscription Agreement.

 

n.            If
Subscriber is an employee benefit plan that is subject to Title I of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”),
a plan, an individual retirement account or other arrangement that is subject to Section 4975 of the Code or an employee benefit
plan that is a governmental plan (as defined in Section 3(32) of ERISA), a church plan (as defined in Section 3(33) of ERISA),
a non-U.S. plan (as described in Section 4(b)(4) of ERISA) or other plan that is not subject to the foregoing but may be subject
to provisions under any other federal, state, local, non-U.S. or other laws or regulations that are similar to such provisions of ERISA
or the Code, or an entity whose underlying assets are considered to include “plan assets” of any such plan, account or arrangement
(each, a “Plan”) subject to the fiduciary or prohibited transaction provisions of ERISA or Section 4975 of the
Code, Subscriber represents and warrants that (i) neither the Company nor, to Subscriber’s knowledge, any of the Company’s
affiliates (the “Transaction Parties”) has acted as the Plan’s fiduciary, or has been relied on for advice, with
respect to its decision to acquire and hold the Subscribed Shares, and none of the Transaction Parties shall at any time be relied upon
as the Plan’s fiduciary with respect to any decision to acquire, continue to hold or transfer the Subscribed Shares and (ii) the
acquisition and holding of the Subscribed Shares will not result in a non-exempt prohibited transaction under ERISA or Section 4975
of the Code.

 

o.            Subscriber
at the Closing will have sufficient funds to pay the Purchase Price pursuant to Section 2(b).

 

p.            Notwithstanding
Section 9(m), the Placement Agents may rely upon the representations and warranties made by Subscriber to the Company and
the SPAC in this Subscription Agreement.

 

    	 	-16-	 

     

    

 

q.            If
Subscriber is a U.S. Person (as defined under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”))
or has its principal office in the United States, to the extent applicable, in connection with the Transaction, the Subscriber shall comply
promptly but in no event later than ten (10) Business Days after the date hereof with all applicable notification and reporting requirements
pursuant to the HSR Act). If Subscriber is a U.S. Person (as defined under the HSR Act) or has its principal office in the United States,
to the extent applicable, Subscriber shall use its reasonable best efforts to furnish to the Company or the SPAC, as applicable, as promptly
as reasonably practicable all information required for any notification or filing to be made pursuant to the HSR Act or any other applicable
law or regulatory body in connection with the Transaction. If Subscriber is a U.S. Person (as defined under the HSR Act) or has its principal
office in the United States, to the extent applicable, Subscriber shall request early termination of all applicable waiting periods under
the HSR Act with respect to the Transaction and shall use its reasonable best efforts to (i) cooperate in good faith with the relevant
authorities; (ii) substantially comply with any information or document requests; and (iii) obtain the termination or expiration
of all waiting periods under the HSR Act, in each case, in connection with the Transaction.

 

r.            Except
as expressly disclosed in a Schedule 13D or Schedule 13G (or amendments thereto) filed by the Subscriber with the Commission with respect
to the beneficial ownership of the SPAC’s ordinary shares prior to the date hereof, Subscriber is not currently (and at all times
through Closing will refrain from being or becoming) a member of a “group” (within the meaning of Section 13(d)(3) or
Section 14(d)(2) of the Exchange Act) acting for the purpose of acquiring, holding or disposing of equity securities of the
SPAC (within the meaning of Rule 13d-5(b)(1) under the Exchange Act).

 

s.            Subscriber
represents that either: (A) Subscriber is not and is not controlled by a “foreign person,” as defined in Section 721
of the DPA, or (B) Subscriber does not intend for Subscriber to obtain any DPA Triggering Rights as a result of Subscriber’s
participation in this Subscription Agreement.

 

t.            No
broker, finder or other financial consultant is acting on Subscriber’s behalf in connection with this Subscription Agreement or
the transactions contemplated hereby in such a way as to create any liability of the Company or the SPAC for the payment of any fees,
costs, expenses or commissions.

 

    	 	-17-	 

     

    

 

6.            Registration
of Subscribed Shares.

 

a.            The
Company agrees that, within thirty (30) days after Closing Date (the “Filing Deadline”), it will file with the Commission
(at the Company’s sole cost and expense) a registration statement registering the resale of the Subscribed Shares (including the
prospectus in such registration statement, amendments (including post-effective amendments) and supplements to such registration statement,
and all exhibits to and material incorporated by reference in such registration statement, the “Registration Statement”),
and the Company shall use its commercially reasonable efforts to have the Registration Statement declared effective as soon as practicable
after the filing thereof, but in any event no later than the earlier of (i) ninety (90) calendar
days (or one hundred twenty (120) calendar days if the Commission notifies the Company that it will “review” the Registration
Statement) following the filing thereof and (ii) the tenth (10th) Business Day after the date the Company is notified in writing
by the Commission that the Registration Statement will not be “reviewed” or will not be subject to further review (such earlier
date, the ”Effectiveness Deadline”). Unless otherwise agreed to in writing by the Subscriber, the Subscriber
shall not be identified as a statutory underwriter in the Registration Statement unless requested by the Commission or another regulatory
agency; provided, that if the Commission or another regulatory agency requests that Subscriber be identified as a statutory underwriter
in the Registration Statement, Subscriber will have the opportunity to withdraw from the Registration Statement upon its prompt written
request to the Company. Notwithstanding the foregoing, if the Commission prevents the Company from including any or all of the shares
proposed to be registered under the Registration Statement due to limitations on the use of Rule 415 under the Securities Act for
the resale of the Subscribed Shares by the applicable shareholders or otherwise, such Registration Statement shall register for resale
such number of Subscribed Shares which is equal to the maximum number of Subscribed Shares as is permitted to be registered by the Commission.
In such event, the number of Subscribed Shares to be registered for each selling shareholder named in the Registration Statement shall
be reduced pro rata among all such selling shareholders. The undersigned agrees to disclose its beneficial ownership, as determined in
accordance with Rule 13d-3 under the Exchange Act, of Subscribed Shares to the Company upon request to assist the Company in making
the determination described above. The Company’s obligations to include the Subscribed Shares in the Registration Statement are
contingent upon Subscriber furnishing in writing to the Company such information regarding Subscriber, the securities of the Company held
by Subscriber and the intended method of disposition of the Subscribed Shares as shall be reasonably requested by the Company to effect
the registration of the Subscribed Shares, and Subscriber shall execute such documents in connection with such registration as the Company
may reasonably request that are customary for a selling shareholder in similar situations, including providing that the Company shall
be entitled to postpone and suspend the use of the Registration Statement in connection with a Suspension Event (as defined below) as
permitted hereunder, provided that Subscriber shall not in connection with the foregoing be required to execute any lock-up or similar
agreement or otherwise be subject to any contractual restriction on the ability to transfer the Subscribed Shares. In the case of the
registration effected by the Company pursuant to this Subscription Agreement, the Company shall, upon reasonable request, inform Subscriber
as to the status of such registration. Unless otherwise consented to by the Company, Subscriber shall not be entitled to use the Registration
Statement for an underwritten offering of Subscribed Shares. For purposes of this Section 6, “Subscribed Shares”
shall include the Subscribed Shares acquired pursuant to this Subscription Agreement and any other equity security of the Company issued
or issuable with respect to the Subscribed Shares by way of share split, dividend, distribution, recapitalization, merger, exchange, replacement
or similar event or otherwise, but not, for the avoidance of doubt, any other equity security of the Company owned or acquired by Subscriber.
For purposes of clarification, any failure by the Company to file the Registration Statement by the Filing Deadline shall not otherwise
relieve the Company of its obligations to file or effect the Registration Statement set forth in this Section 6.

 

    	 	-18-	 

     

    

 

b.            The
Company agrees that, except for such times as the Company is permitted hereunder to suspend the use of the prospectus forming part of
a Registration Statement, the Company will use commercially reasonable efforts to cause such Registration Statement to remain effective
with respect to Subscriber until the earliest of (i) the fourth anniversary of the Closing, (ii) the date on which the Subscriber
ceases to hold any Shares issued pursuant to this Subscription Agreement, or (iii) on the date on which the Subscriber is able to
sell all of its Shares issued pursuant to this Subscription Agreement (or shares received in exchange therefor) under Rule 144 of
the Securities Act within ninety (90) days without limitation as to the amount of such securities that may be sold and without the requirement
for the Company to be in compliance with the current public information requirement under Rule 144(c) (or Rule 144(i)(2),
if applicable). The Subscriber agrees to disclose its ownership and any other information reasonably requested to the Company upon request
to assist it in making the determination described above. At its expense, the Company shall:

 

		i.	advise Subscriber within five (5) Business Days (A) of the issuance by the Commission of any stop order suspending the effectiveness
of any Registration Statement or the initiation of any proceedings for such purpose; (B) of the receipt by the Company of any notification
with respect to the suspension of the qualification of the Subscribed Shares included therein for sale in any jurisdiction or the initiation
or threatening of any proceeding for such purpose; (C) subject to the provisions in this Subscription Agreement, of the occurrence
of any event that requires the making of any changes in any Registration Statement or prospectus included therein so that, as of such
date, the statements therein are not misleading and do not omit to state a material fact required to be stated therein or necessary to
make the statements therein (in the case of a prospectus, in the light of the circumstances under which they were made) not misleading;
and (D) when a Registration Statement or any amendment thereto has been filed with the Commission and when such Registration Statement
or any post-effective amendment thereto has become effective.

 

Notwithstanding anything to the contrary set forth herein,
the Company shall not, in its notification advising Subscriber of such events, provide Subscriber with any material, nonpublic information
regarding the Company other than to the extent that providing notice to Subscriber of the occurrence of the events listed in (A) through
(C) above may be deemed to constitute material, nonpublic information regarding the Company;

 

		ii.	use its commercially reasonable efforts to obtain the withdrawal of any order suspending the effectiveness of any Registration Statement
as soon as reasonably practicable;

 

		iii.	upon the occurrence of any event contemplated above, except for such times as the Company is permitted hereunder to suspend, and has
suspended, the use of a prospectus forming part of a Registration Statement, the Company shall use its commercially reasonable efforts
to as soon as reasonably practicable prepare a post-effective amendment to such Registration Statement or a supplement to the related
prospectus, or file any other required document so that, as thereafter delivered to purchasers of the Subscribed Shares included therein,
such prospectus will not include any untrue statement of a material fact or omit to state any material fact necessary to make the statements
therein, in the light of the circumstances under which they were made, not misleading;

 

    	 	-19-	 

     

    

 

		iv.	use its commercially reasonable efforts to allow Subscriber to review disclosure regarding Subscriber
in the Registration Statement; and

 

		v.	use its commercially reasonable efforts (A) to take all other steps necessary to effect the registration of the Subscribed Shares
contemplated hereby and (B) with a view to making available to Subscriber the benefits of Rule 144 or any similar rule or
regulation of the Commission that may permit Subscriber to sell the Subscribed Shares to the public without registration, for so long
as the Subscriber holds the Subscribed Shares to (I) make and keep public information available, as those terms are understood and
defined in Rule 144, (II) file all reports and other materials required to be filed by the Exchange Act so long as the Company
remains subject to such requirements and the filing of such reports and other documents is required for the applicable provisions of Rule 144,
(III) furnish to Subscriber, promptly upon reasonable written request, (x) a written statement by Company, if true, that it
has complied with the reporting requirements of Rule 144, the Securities Act and the Exchange Act and (y) such other information
as may reasonably be requested to enable Subscriber to sell the Subscribed Shares under Rule 144 without registration, and (IV) cause
its legal counsel to deliver a customary opinion within three (3) Business Days of the delivery of all reasonably necessary representations
and other documentation from the Subscriber as reasonably requested by the Company’s transfer agent.

 

    	 	-20-	 

     

    

 

 

c.            Notwithstanding
anything to the contrary contained herein, the Company may delay or postpone filing of such Registration Statement and from time to time
require Subscriber not to sell under the Registration Statement or suspend the use of any such Registration Statement if it reasonably
determines, upon advice of legal counsel, that in order for the Registration Statement to not contain a material misstatement or omission,
an amendment thereto would be needed, or if the negotiation or consummation of a transaction by the Company or its subsidiaries is pending
or an event has occurred, which negotiation, consummation or event, the Company’s board of directors reasonably believes, upon the
advice of legal counsel, would require additional disclosure by the Company in the Registration Statement of material information that
the Company has a bona fide business purpose for keeping confidential and the non-disclosure of which in the Registration Statement would
be expected, in the reasonable determination of the Company’s board of directors, upon the advice of legal counsel, to cause the
Registration Statement to fail to comply with applicable disclosure requirements (each such circumstance, a “Suspension Event”);
provided, that, (i) the Company shall not so delay filing or so suspend the use of the Registration Statement for a period
of more than sixty (60) consecutive days, or for more than a total of one hundred twenty (120) days, or on more than two (2) occasions,
in each case in any three hundred sixty (360)-day period and (ii) the Company shall use commercially reasonable efforts to make such
registration statement available for the sale by Subscriber of such securities as soon as practicable thereafter. Upon receipt of any
written notice from the Company of the happening of any Suspension Event during the period that the Registration Statement is effective
or if as a result of a Suspension Event the Registration Statement or related prospectus contains any untrue statement of a material fact
or omits to state any material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances
under which they were made (in the case of the prospectus) not misleading, Subscriber agrees that (i) it will immediately discontinue
offers and sales of the Subscribed Shares under the Registration Statement (excluding, for the avoidance of doubt, sales conducted pursuant
to Rule 144) until Subscriber receives copies of a supplemental or amended prospectus (which the Company agrees to promptly prepare)
that corrects the misstatement(s) or omission(s) referred to above and receives notice that any post-effective amendment has
become effective or unless otherwise notified by the Company that it may resume such offers and sales, and (ii) it will maintain
the confidentiality of any information included in such written notice delivered by the Company unless otherwise required by law or subpoena.
If so directed by the Company, Subscriber will deliver to the Company or, in Subscriber’s sole discretion destroy, all copies of
the prospectus covering the Subscribed Shares in Subscriber’s possession; provided, however, that the obligation to
deliver or destroy all copies of the prospectus covering the Subscribed Shares shall not apply (A) to the extent Subscriber is required
to retain a copy of such prospectus (x) in order to comply with applicable legal, regulatory, self-regulatory or professional requirements
or (y) in accordance with a bona fide pre-existing document retention policy or (B) to copies stored electronically on archival
servers as a result of automatic data back-up.

 

d.           Subscriber
hereby agrees that neither it, nor any person or entity acting on its behalf or pursuant to any understanding with it, shall execute any
short sales or engage in other similar or equivalent hedging transactions of any kind (including, without limitation, any purchase or
sale of, or entry into, any put or call option, or combination thereof, forward, swap or any other derivative transaction or similar instrument,
including without limitation equity repurchase agreements and securities lending arrangements, however, described or defined) designed
or intended, or which could reasonably be expected to lead to or result in, a sale, loan, pledge or other disposition or transfer (whether
by the Subscriber or any other person) of any economic consequences of ownership, in whole or in part, directly or indirectly, physically
or synthetically, of any Subscribed Shares, any securities of the SPAC or any instrument exchangeable for or convertible into any securities
of the Company prior to the closing of the Transaction, whether any such transaction or arrangement (or instrument provided for thereunder)
would be settled by delivery of securities of the SPAC or the Company, in cash or otherwise, or to publicly disclose the intention to
undertake any of the foregoing. Notwithstanding the foregoing, in the case of a Subscriber that is a multi-managed investment vehicle
or an owner of a separate account whereby separate portfolio managers manage separate portions of such Subscriber’s assets and the
portfolio managers have no direct knowledge of the investment decisions made by the portfolio managers managing other portions of such
Subscriber’s assets, the restriction set forth above shall only apply with respect to the portion of assets managed by the portfolio
manager that made the investment decision to purchase the Subscribed Shares covered by this Subscription Agreement.

 

    	 	-21-	 

     

    

 

e.            The
parties agree that:

 

		i.	The Company shall, notwithstanding the termination of this Subscription Agreement, indemnify and hold harmless, to the extent permitted
by law, Subscriber (to the extent a seller under the Registration Statement), the officers, directors, agents and employees of each Subscriber,
each person who controls such Subscriber (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange
Act), and each affiliate of the Subscriber from and against any and all losses, claims, damages, liabilities, costs and expenses (including,
without limitation, any reasonable attorneys’ fees and disbursements) (collectively, “Losses”), as incurred,
that arise out of or are based upon (A) any untrue or alleged untrue statement of material fact contained or incorporated by reference
in any Registration Statement, any prospectus included in any Registration Statement, or any preliminary prospectus or any amendment thereof
or supplement thereto or arising out of or relating to any omission or alleged omission to state a material fact required to be stated
therein or necessary to make the statements therein (in the case of any prospectus or form of prospectus or supplement thereto, in light
of the circumstances under which they were made) not misleading, except insofar as the same are solely caused by or contained in any information
furnished in writing to the Company by or on behalf of Subscriber expressly for use therein or Subscriber has omitted a material fact
from such information, or (B) any violation or alleged violation by the Company of the Securities
Act, Exchange Act or any state securities law or any rule or regulation thereunder, in connection with the performance of its obligations
under this Section 6.

 

		ii.	Subscriber agrees, severally and not jointly with any person that is a party to the Other Subscription Agreements, to indemnify and
hold harmless, to the extent permitted by law, the Company, its directors, officers, employees and agents and each person who controls
the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act) against any and all
Losses, as incurred, that solely arise out of or are based upon any untrue or alleged untrue statement of material fact contained or incorporated
by reference in any Registration Statement, prospectus included in any Registration Statement or preliminary prospectus or any amendment
thereof or supplement thereto or arising out of or relating to any omission of a material fact required to be stated therein or necessary
to make the statements therein (in the case of any prospectus or form of prospectus or supplement thereto, in light of the circumstances
under which they were made) not misleading, but only to the extent that such untrue statement or omission is contained in any information
furnished in writing by such Subscriber expressly for use therein; provided, however, that the indemnification contained
in this Section 6(e) shall not apply to amounts paid in settlement of any Losses if such settlement is effected without
the consent of Subscriber (which consent shall not be unreasonably withheld, conditioned or delayed). Notwithstanding anything to the
contrary herein, in no event shall the liability of Subscriber be greater in amount than the dollar amount of the net proceeds received
by Subscriber upon the sale of the Subscribed Shares purchased pursuant to this Subscription Agreement giving rise to such indemnification
obligation. Subscriber shall notify the Company promptly upon receipt of written notice of the institution, threat or assertion of any
proceeding arising from or in connection with the transactions contemplated by this Section 6(e) of which Subscriber
is aware.

 

    	 	-22-	 

     

    

 

		iii.	Any person entitled to indemnification herein shall (A) give prompt written notice to the indemnifying party of any claim with
respect to which it seeks indemnification (provided, that the failure to give prompt notice shall not impair any person’s
right to indemnification hereunder to the extent such failure has not materially prejudiced the indemnifying party) and (B) unless,
in such indemnified party’s reasonable judgment a conflict of interest between such indemnified and indemnifying parties may exist
with respect to such claim, permit such indemnifying party to assume the defense of such claim with counsel reasonably satisfactory to
the indemnified party. If such defense is assumed, the indemnifying party shall not be subject to any liability for any settlement made
by the indemnified party without its consent. An indemnifying party who elects not to assume the defense of a claim shall not be obligated
to pay the fees and expenses of more than one counsel for all parties indemnified by such indemnifying party with respect to such claim
(in addition to local counsel in each jurisdiction where required), unless in the reasonable judgment of legal counsel to any indemnified
party a conflict of interest exists between such indemnified party and any other of such indemnified parties with respect to such claim.
No indemnifying party shall, without the consent of the indemnified party (which consent shall not be unreasonably withheld, conditioned
or delayed), consent to the entry of any judgment or enter into any settlement which cannot be settled in all respects by the payment
of money (and such money is so paid by the indemnifying party pursuant to the terms of such settlement) or which settlement does not include
as an unconditional term thereof the giving by the claimant or plaintiff to such indemnified party of a release from all liability in
respect to such claim or litigation.

 

		iv.	The indemnification provided for under this Subscription Agreement shall remain in full force and effect regardless of any investigation
made by or on behalf of the indemnified party and shall survive the transfer of the Subscribed Shares purchased pursuant to this Subscription
Agreement.

 

    	 	-23-	 

     

    

 

		v.	If the indemnification provided under this Section 6 from the indemnifying party is unavailable or insufficient to hold
harmless an indemnified party in respect of any Losses referred to herein, then the indemnifying party, in lieu of indemnifying the indemnified
party, shall contribute to the amount paid or payable by the indemnified party as a result of such losses, claims, damages, liabilities
and expenses in such proportion as is appropriate to reflect the relative fault of the indemnifying party and the indemnified party, as
well as any other relevant equitable considerations; provided, however, that the liability of Subscriber shall be limited
to the net proceeds received by Subscriber from the sale of the Subscribed Shares giving rise to such indemnification obligation. The
relative fault of the indemnifying party and indemnified party shall be determined by reference to, among other things, whether any action
in question, including any untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material fact,
was made by, or relates to information supplied by, such indemnifying party or indemnified party, and the indemnifying party’s and
indemnified party’s relative intent, knowledge, access to information and opportunity to correct or prevent such action. The amount
paid or payable by a party as a result of the Losses or other liabilities referred to above shall be deemed to include, subject to the
limitations set forth above, any legal or other fees, charges or expenses reasonably incurred by such party in connection with any investigation
or proceeding. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act)
shall be entitled to contribution pursuant to this Section 6(e) from any person who was not guilty of such fraudulent
misrepresentation. In no event shall the liability of Subscriber be greater in amount than the dollar amount of the net proceeds received
by Subscriber upon the sale of the Subscribed Shares purchased pursuant to this Subscription Agreement giving rise to such contribution
obligation.

 

f.            Subscriber
may request that the Company remove any restrictive legend from the book-entry position evidencing the Subscribed Shares. Within three
(3) Business Days of such request, subject to the Company and its transfer agent’s receipt from Subscriber of customary representations
and other documentation reasonably acceptable to them in connection therewith, and, if required by the transfer agent, an opinion of Company’s
counsel reasonably acceptable to the transfer agent to the effect that the removal of restrictive legends in such circumstances may be
effected under the Securities Act. Subscriber’s request may be delivered at such time as the Subscribed Shares (i) are subject
to and are sold or transferred pursuant to an effective registration statement or (ii) have been or are about to be sold pursuant
to Rule 144. If restrictive legends are no longer required for the Subscribed Shares under the Securities Act, Subscriber may request
that the restrictive legends be removed from the Subscribed Shares. Upon such a request, which must be accompanied by customary and reasonably
acceptable representations and other documentation referred to above establishing that restrictive legends are no longer required, the
Company shall within three (3) Business Days deliver to the transfer agent irrevocable instructions that the transfer agent create
a new, un-legended entry for the Subscribed Shares, at the Company’s sole expense.

 

    	 	-24-	 

     

    

 

g.           All
expenses incurred in connection with registration of the Subscribed Shares pursuant to this Section 6 shall be borne by the
Company.

 

7.            Termination.
This Subscription Agreement shall terminate and be void and of no further force and effect, and all rights and obligations of the parties
hereunder shall terminate without any further liability on the part of any party in respect thereof, upon the earliest to occur of (a) such
date and time as the Merger Agreement is terminated in accordance with its terms, (b) upon the mutual written agreement of the Company,
the SPAC, and the Subscriber to terminate this Subscription Agreement, (c) if, on the Closing Date of the Transaction, any of the
conditions to Closing set forth in Section 2 of this Subscription Agreement have not been satisfied as of the time required hereunder
to be so satisfied or waived by the party entitled to grant such waiver and, as a result thereof, the transactions contemplated by this
Subscription Agreement are not consummated and (d) March 31, 2022, unless extended for up to an additional three (3) months
by the delivery of written notice from the Company or the SPAC that the parties are working in good faith to expeditiously close the Transaction
and the Merger Agreement has also been extended for up to an additional three (3) months; provided, that nothing herein will
relieve any party from liability for any willful breach hereof prior to the time of termination, and each party will be entitled to any
remedies at law or in equity to recover reasonable and documented out-of-pocket losses, liabilities or damages arising from such willful
breach. The Company shall notify Subscriber in writing of the termination of the Merger Agreement as promptly as practicable after the
termination thereof.

 

8.            Trust
Account Waiver. Reference is made to the SPAC’s final prospectus, dated as of January 5, 2021 and filed with the Commission
(File No. 333-251466) on January 6, 2020 (the “Prospectus”). Subscriber acknowledges that the SPAC is a blank
check company with the powers and privileges to effect a merger, asset acquisition, reorganization or similar business combination involving
the SPAC and one or more businesses or assets. Subscriber further acknowledges that, as described in the Prospectus, substantially all
of the SPAC’s assets consist of the cash proceeds of the SPAC’s initial public offering and private placement of its securities,
and substantially all of those proceeds have been deposited in a trust account (the “Trust Account”) for the benefit
of the SPAC, its public shareholders and the underwriters of the SPAC’s initial public offering. Except with respect to interest
earned on the funds held in the Trust Account that may be released to the SPAC to pay its tax obligations and to fund certain of its working
capital requirements, the cash in the Trust Account may be disbursed only for the purposes set forth in the Prospectus. For and in consideration
of the SPAC entering into this Subscription Agreement, the receipt and sufficiency of which are hereby acknowledged, Subscriber hereby
irrevocably waives any and all right, title and interest, or any claim of any kind it has or may have in the future, in or to any monies
held in the Trust Account, and agrees not to seek recourse against the Trust Account as a result of, or arising out of, this Subscription
Agreement; provided, however, that nothing in this Section 8 shall be deemed to limit Subscriber’s right,
title, interest or claim to any monies held in the Trust Account by virtue of its record or beneficial ownership of any Common Stock currently
outstanding on the date hereof, pursuant to a validly exercised redemption right with respect to any such Common Stock, except to the
extent that Subscriber has otherwise agreed with the SPAC to not exercise such redemption right.

 

    	 	-25-	 

     

    

 

9.             Miscellaneous.

 

a.           All
notices, requests, demands, claims, and other communications hereunder shall be in writing. Any notice, request, demand, claim, or other
communication hereunder shall be deemed duly given (i) when delivered personally to the recipient, (ii) when sent, if sent by
electronic mail or facsimile (if provided), during normal business hours of the recipient, and if not sent during normal business hours,
then on the recipient’s next Business Day, and in each such case upon confirmation of receipt by the intended recipient or when
sent with no undeliverable email or other undeliverable or rejection notice, (iii) one (1) Business Day after being sent to
the recipient by reputable overnight courier service (charges prepaid), or (iv) four (4) Business Days after being mailed to
the recipient by certified or registered mail, return receipt requested and postage prepaid, and, in each case, addressed to the intended
recipient at its address specified on the signature page hereof or to such electronic mail address or address as subsequently modified
by written notice given in accordance with this Section 9(a). A courtesy electronic copy of any notice sent by methods (i),
(iii), or (iv) above shall also be sent to the recipient via electronic mail if provided in the applicable signature page hereof
or to an electronic mail address as subsequently modified by written notice given in accordance with this Section 9(a).

 

b.           Subscriber
acknowledges that each of the Company and the SPAC will rely on the acknowledgments, understandings, agreements, representations and warranties
contained in this Subscription Agreement. Prior to the Closing, Subscriber agrees to promptly notify the Company if it becomes aware that
any of the acknowledgments, understandings, agreements, representations and warranties of Subscriber set forth herein are no longer accurate
in all material respects. Each of the Company and the SPAC acknowledges that Subscriber will rely on the acknowledgments, understandings,
agreements, representations and warranties contained in this Subscription Agreement. Prior to the Closing, each of the Company and the
SPAC agrees to promptly notify Subscriber if it becomes aware that any of the acknowledgments, understandings, agreements, representations
and warranties of the Company or the SPAC, as the case may be, set forth herein are no longer accurate in all material respects.

 

c.           Each
of the Company and Subscriber is irrevocably authorized to produce this Subscription Agreement or a copy hereof to any interested party
in any administrative or legal proceeding or official inquiry with respect to the matters covered hereby.

 

d.           Subscriber
shall pay all of its own expenses in connection with this Subscription Agreement and the transactions contemplated herein.

 

e.           Neither
this Subscription Agreement nor any rights that may accrue to Subscriber hereunder (other than the Subscribed Shares acquired hereunder,
if any, and Subscriber’s rights under Section 6 hereof with respect to such Subscribed Shares) may be transferred or
assigned except as provided in the two succeeding sentences. Neither this Subscription Agreement nor any rights that may accrue to the
Company hereunder may be transferred or assigned (provided, that for the avoidance of doubt, the Company may transfer the Subscription
Agreement and its rights hereunder solely in connection with the consummation of the Transaction and exclusively to another entity under
the control of, or under common control with, the Company). Notwithstanding the foregoing, Subscriber may assign its rights and obligations
under this Subscription Agreement to one or more of its affiliates or equity holders (including other investment funds or accounts managed
or advised by the investment manager who acts on behalf of the Subscriber or an affiliate thereof) or, with the Company’s prior
written consent, to another person, provided that no such assignment shall relieve Subscriber of its obligations hereunder if any such
assignee fails to perform such obligations, unless the Company has given its prior written consent to such relief.

 

    	 	-26-	 

     

    

 

f.            All
of the agreements, representations and warranties made by each party hereto in this Subscription Agreement shall survive the Closing.

 

g.           The
Company may request from Subscriber such additional information as the Company may reasonably deem necessary to evaluate the eligibility
of Subscriber to acquire the Subscribed Shares and to register the Subscribed Shares for resale, and Subscriber shall promptly provide
such information as may be so reasonably requested, to the extent readily available and to the extent consistent with its internal policies
and procedures; provided, that the Company agrees to keep confidential any such information
provided by Subscriber, except (i) as necessary to include in any registration statement the Company is required to file hereunder,
(ii) as required by federal securities law or pursuant to other routine proceedings of regulatory authorities, or (iii) to the
extent such disclosure is required by law, at the request of the staff of the Commission or regulatory agency or under the regulations
of any national securities exchange on which the Company’s securities are listed for trading. The Subscriber acknowledges
and agrees that if it does not provide the Company with such requested information, the Company may not be able to register the Company’s
Shares for resale pursuant to Section 5 hereof.

 

h.           This
Subscription Agreement may not be amended, modified, waived or terminated (other than pursuant to the terms of Section 7 above)
except by an instrument in writing, signed by each of the parties hereto.

 

i.            This
Subscription Agreement (including the schedule hereto) constitutes the entire agreement, and supersedes all other prior agreements, understandings,
representations and warranties, both written and oral, among the parties, with respect to the subject matter hereof. Except as set forth
in Section 5(h), Section 5(q), this Section 9(i), Section 9(m) and Section 9(u) with
respect to the persons specifically referenced therein, this Subscription Agreement shall not confer any rights or remedies upon any person
other than the parties hereto and their respective permitted successors and assigns, and the parties hereto acknowledge that such persons
so referenced are third party beneficiaries of the acknowledgments, understandings, agreements, representations and warranties contained
in this Subscription Agreement for the purposes of, and to the extent of, the rights granted to them, if any, pursuant to such provisions.

 

j.             Except
as otherwise provided herein, this Subscription Agreement shall be binding upon, and inure to the benefit of the parties hereto and their
heirs, executors, administrators, successors, legal representatives, and permitted assigns, and the agreements, representations, warranties,
covenants and acknowledgments contained herein shall be deemed to be made by, and be binding upon, such heirs, executors, administrators,
successors, legal representatives and permitted assigns.

 

    	 	-27-	 

     

    

 

k.            If
any provision of this Subscription Agreement shall be invalid, illegal or unenforceable, the validity, legality or enforceability of the
remaining provisions of this Subscription Agreement shall not in any way be affected or impaired thereby and shall continue in full force
and effect.

 

l.             This
Subscription Agreement may be executed and delivered in one or more counterparts (including by facsimile or electronic mail or in .pdf)
and by different parties in separate counterparts, with the same effect as if all parties hereto had signed the same document. All counterparts
so executed and delivered shall be construed together and shall constitute one and the same agreement.

 

m.           This
Subscription Agreement is intended for the benefit of the parties hereto and their respective successors and permitted assigns and is
not for the benefit of, nor may any provision hereof be enforced by, any other person; provided, however, that the Placement
Agents may rely on the representations, warranties, agreements and covenants of the Company contained in this Subscription Agreement and
may rely on the representations and warranties of the SPAC and the respective Subscribers contained in this Subscription Agreement as
if such representations, warranties, agreements, and covenants, as applicable, were made directly to the Placement Agents.

 

n.            The
parties hereto agree that irreparable damage would occur in the event that any of the provisions of this Subscription Agreement were not
performed in accordance with their specific terms or were otherwise breached. It is accordingly agreed that the parties shall be entitled
to an injunction or injunctions to prevent breaches of this Subscription Agreement and to enforce specifically the terms and provisions
of this Subscription Agreement, this being in addition to any other remedy to which such party is entitled at law, in equity, in contract,
in tort or otherwise.

 

o.            This
Subscription Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware (without regard to the
principles of conflicts of laws that would otherwise require the application of the law of any other state) as to all matters (including
any action, suit, litigation, arbitration, mediation, claim, charge, complaint, inquiry, proceeding, hearing, audit, investigation or
reviews by or before any governmental entity related hereto), including matters of validity, construction, effect, performance and remedies.

 

p.            EACH
PARTY HERETO HEREBY WAIVES ITS RESPECTIVE RIGHTS TO A TRIAL BY JURY OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OR RELATED
TO THIS SUBSCRIPTION AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY IN ANY ACTION, PROCEEDING OR OTHER LITIGATION OF ANY TYPE BROUGHT
BY ANY PARTY AGAINST ANY OTHER PARTY OR ANY AFFILIATE OF ANY OTHER SUCH PARTY, WHETHER WITH RESPECT TO CONTRACT CLAIMS, TORT CLAIMS OR
OTHERWISE. THE PARTIES AGREE THAT ANY SUCH CLAIM OR CAUSE OF ACTION SHALL BE TRIED BY A COURT TRIAL WITHOUT A JURY. WITHOUT LIMITING THE
FOREGOING, THE PARTIES FURTHER AGREE THAT THEIR RESPECTIVE RIGHT TO A TRIAL BY JURY IS WAIVED BY OPERATION OF THIS SECTION AS TO
ANY ACTION, COUNTERCLAIM OR OTHER PROCEEDING WHICH SEEKS, IN WHOLE OR IN PART, TO CHALLENGE THE VALIDITY OR ENFORCEABILITY OF THIS
SUBSCRIPTION AGREEMENT OR ANY PROVISION HEREOF. THIS WAIVER SHALL APPLY TO ANY SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS
TO THIS SUBSCRIPTION AGREEMENT.

 

    	 	-28-	 

     

    

 

q.            Each
of the parties hereto (including any person asserting rights as a third party beneficiary) irrevocably and unconditionally submits to
the exclusive jurisdiction of the Chancery Court of the State of Delaware (or, if the Chancery Court of the State of Delaware declines
to accept jurisdiction, any state or federal court sitting in Wilmington, Delaware), for the purposes of any suits, proceedings, claim,
demand, action or cause of action arising out of or relating to this Subscription Agreement, and irrevocably and unconditionally waives
any objection to the laying of venue of any such suits, proceedings, claim, demand, action or cause of action in any such court, and further
irrevocably and unconditionally waives and agrees not to plead or claim in any such court that any such suits, proceedings, claim, demand,
action or cause of action has been brought in an inconvenient forum. Each party hereby irrevocably and unconditionally waives, and agrees
not to assert, by way of motion or as a defense, counterclaim or otherwise, in any suit, proceeding, claim, demand, action or cause of
action against such party (i) arising under this Subscription Agreement or (ii) in any way connected with or related or incidental
to the dealings of the parties in respect of this Subscription Agreement, (A) any claim that such party is not personally subject
to the jurisdiction of the courts as described in this Section 9(q) for any reason, (B) that such party or such
party’s property is exempt or immune from the jurisdiction of any such court or from any legal process commenced in such courts
(whether through service of notice, attachment prior to judgment, attachment in aid of execution of judgment, execution of judgment or
otherwise) and (C) that (x) the suit, proceeding, claim, demand, action or cause of action in any such court is brought against
such party in an inconvenient forum, (y) the venue of such suit, proceeding, claim, demand, action or cause of action against such
party is improper or (z) this Subscription Agreement, or the subject matter hereof, may not be enforced against such party in or
by such courts. Each party agrees that service of any process, summons, notice or document by registered mail to such party’s respective
address set forth in Section 9(a) shall be effective service of process for any such suit, proceeding, claim, demand,
action or cause of action.

 

r.             This
Subscription Agreement may only be enforced against, and any claim, action, suit or other legal proceeding based upon, arising out of,
or related to this Subscription Agreement, or the negotiation, execution or performance of this Subscription Agreement, may only be brought
against the entities that are expressly named as parties hereto and then only with respect to the specific obligations set forth herein
with respect to such party.

 

    	 	-29-	 

     

    

 

s.            The
SPAC shall, by 9:00 a.m., New York City time, on the first (1st) Business Day immediately following
the date of this Subscription Agreement, issue one or more press releases and filings by the SPAC with the Commission a Current
Report on Form 8-K (collectively, the “Disclosure Document”) disclosing, to the extent not previously publicly
disclosed, all material terms of the transactions contemplated hereby (and by the Other Subscription Agreements), the Transaction and
any other material, nonpublic information that the Company, the SPAC, or any person acting on behalf of or at the direction of the Company
or the SPAC, has provided to Subscriber at any time prior to the filing of the Disclosure Document. For the avoidance of doubt, the Company
may not disclose the Subscribed Amount to any Other Subscriber or publicly make reference to Subscriber
or any of its affiliates in connection with this Subscription Agreement or the Transaction or in any other promotional materials, media
or similar circumstances, except as required by law or regulation or at the request of the Staff of the Commission or other regulatory
agency or with the prior written consent of the Subscriber (such consent to not be unreasonably withheld). From and after the issuance
of the Disclosure Document, to the Company’s knowledge, Subscriber shall not be in possession of any material, non-public information
received from the Company, the SPAC, or any person acting on behalf of or at the direction of the Company or the SPAC. Except with the
express written consent of Subscriber and unless prior thereto Subscriber shall have executed a written agreement regarding the confidentiality
and use of such information, each of the Company and the SPAC shall not, and each of them shall cause any person acting on behalf of or
at the direction of the Company or the SPAC not to, provide Subscriber with any material, non-public information regarding the Company,
the SPAC or the Transaction from and after the filing of the Disclosure Document; provided, however, that the foregoing
will not apply to any contractual information rights that Subscriber may have with the Company under a separate agreement; provided,
further, that if the Company would be providing information to Subscriber under separate contracts Subscriber and the Company may
have, the Company will not deliver to Subscriber such information unless Subscriber expressly requests in writing that the Company do
so (and if Subscriber makes such request in writing, the foregoing restrictions shall not apply to the information the Company provides).

 

t.             The
obligations of Subscriber under this Subscription Agreement are several and not joint with the obligations of any Other Subscriber or
any other investor under the Other Subscription Agreements, and Subscriber shall not be responsible in any way for the performance of
the obligations of any Other Subscriber under this Subscription Agreement or any other investor under the Other Subscription Agreements.
The decision of Subscriber to purchase Subscribed Shares pursuant to this Subscription Agreement has been made by Subscriber independently
of any Other Subscriber or any other investor and independently of any information, materials, statements or opinions as to the business,
affairs, operations, assets, properties, liabilities, results of operations, condition (financial or otherwise) or prospects of the Company
or any of its subsidiaries which may have been made or given by any Other Subscriber or investor or by any agent or employee of any Other
Subscriber or investor, and neither Subscriber nor any of its agents or employees shall have any liability to any Other Subscriber or
investor (or any other person) relating to or arising from any such information, materials, statements or opinions. Nothing contained
herein or in any Other Subscription Agreement, and no action taken by Subscriber or investor pursuant hereto or thereto, shall be deemed
to constitute the Subscriber and other investors as a partnership, an association, a joint venture or any other kind of entity, or create
a presumption that the Subscriber and other investors are in any way acting in concert or as a group with respect to such obligations
or the transactions contemplated by the this Subscription Agreement and the Other Subscription Agreements. Subscriber acknowledges that
no Other Subscriber has acted as agent for the Subscriber in connection with making its investment hereunder and no Other Subscriber will
be acting as agent of the Subscriber in connection with monitoring its investment in the Subscribed Shares or enforcing its rights under
this Subscription Agreement. Subscriber shall be entitled to independently protect and enforce its rights, including without limitation
the rights arising out of this Subscription Agreement, and it shall not be necessary for any Other Subscriber or investor to be joined
as an additional party in any proceeding for such purpose.

 

    	 	-30-	 

     

    

 

u.            Subscriber
hereto agrees for the express benefit of the Placement Agents, and their respective affiliates and representatives that:

 

		i.	No disclosure or offering document has been prepared in connection with the offer and sale of the Subscribed Shares by the Placement
Agents.

 

		ii.	(a) Subscriber has conducted its own investigation of the Company and the Subscribed Shares and Subscriber has not relied on
any statements or other information provided by the Placement Agents concerning the Company or the Subscribed Shares or the offer and
sale of the Subscribed Shares, (b) Subscriber has had access to, and an adequate opportunity to review, financial and other information
as Subscriber deems necessary to make its decision to purchase the Subscribed Shares, (c) Subscriber has been offered the opportunity
to ask questions of the Company and received answers thereto, including on the financial information, as Subscriber deemed necessary in
connection with its decision to purchase the Subscribed Shares; and (d) Subscriber has made its own assessment and has satisfied
itself concerning the relevant tax and other economic considerations relevant to its investment in the Subscribed Shares.

 

		iii.	Subscriber acknowledges that certain information provided to us was based on projections, and such projections were prepared based
on assumptions and estimates that are inherently uncertain and are subject to a wide variety of significant business, economic and competitive
risks and uncertainties that could cause actual results to differ materially from those contained in the projections. Subscriber acknowledges
that such information and projections were prepared without the participation of the Placement Agents and that the Placement Agents do
not assume responsibility for independent verification of, or the accuracy or completeness of, such information or projections.

 

    	 	-31-	 

     

    

 

		iv.	Subscriber agrees that the Placement Agents shall not be liable to it (including in contract, tort, under federal or state securities
laws or otherwise) for any action heretofore or hereafter taken or omitted to be taken by any of them in connection with the Subscription.
On behalf of Subscriber and its affiliates, Subscriber releases the Placement Agents in respect of any losses, claims, damages, obligations,
penalties, judgments, awards, liabilities, costs, expenses or disbursements related to the Subscription. Subscriber agrees not to commence
any litigation or bring any claim against the Placement Agents in any court or any other forum which relates to, may arise out of, or
is in connection with, the Subscription. This undertaking is given freely and after obtaining independent legal advice.

 

		v.	The Placement Agents and their respective directors, officers, employees, representatives and controlling persons have made no independent
investigation with respect to the Company or the Subscribed Shares or the accuracy, completeness or adequacy of any information supplied
to Subscriber by the Company.

 

		vi.	Subscriber acknowledges that in connection with the issue and purchase of the Subscribed Shares, the Placement Agents have not acted
as its financial advisors or fiduciaries.

 

		vii.	Subscriber is (i) (A)  a “qualified institutional buyer” (as defined in Rule 144A under the Securities
Act) or an institutional “accredited investor” (within the meaning of Rule 501(a) under the Securities Act) or (B) not
a U.S. Person (as defined in Regulation S) or a United States person (as defined in Section 7701(a)(3) of the Code), (ii) an
 “institutional account” (as defined in FINRA Rule 4512(c)), (iii) not an underwriter (as defined in Section 2(a)(11)
of the Securities Act) and is acquiring the Subscribed Shares only for its own account and not for the account of others, or if Subscriber
is subscribing for the Subscribed Shares as a fiduciary or agent for one or more investor accounts, each owner of such account is a “qualified
institutional buyer” (as defined above) and Subscriber has full investment discretion with respect to each such account, and the
full power and authority to make the acknowledgements, representations and agreements herein on behalf of each owner of each such account,
(iv) is not acquiring the Subscribed Shares with a view to, or for offer or sale in connection with, any distribution thereof in
violation of the Securities Act, and (v) is not an entity formed for the specific purpose of acquiring the Subscribed Shares.

 

    	 	-32-	 

     

    

 

		viii.	Subscriber (i) is an institutional account as defined in FINRA Rule 4512(c), (ii) is a sophisticated investor, experienced
in investing in private equity and capital markets transactions and capable of evaluating investment risks independently, both in general
and with regard to all transactions and investment strategies involving a security or securities and (iii) has exercised independent
judgment in evaluating our participation in the purchase of the Subscribed Shares. Accordingly, Subscriber understands that the offering
meets (i) the exemptions from filing under FINRA Rule 5123(b)(1)(A) and (ii) the institutional customer exemption
under FINRA Rule 2111(b).

 

		ix.	Subscriber is aware that the sale to it is being made in reliance on a private placement exemption from registration under the Securities
Act and is acquiring the Subscribed Shares for its own account or for an account over which Subscriber exercises sole discretion for another
qualified institutional buyer or accredited investor.

 

		x.	Subscriber has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks
of its prospective investment in the Securities; and have the ability to bear the economic risks of its prospective investment and can
afford the complete loss of such investment.

 

		xi.	The Subscribed Shares have not been registered under the Securities Act or any other applicable securities laws, are being offered
for resale in transactions not requiring registration under the Securities Act, and unless so registered, may not be offered, sold or
otherwise transferred except in compliance with the registration requirements of the Securities Act or any other applicable securities
laws, pursuant to any exemption therefrom or in a transaction not subject thereto.

 

		xii.	Subscriber is aware that Citigroup Global Markets Inc. is acting as one of the Company’s placement agents in connection with
this Subscription and Citigroup Global Markets Inc. is acting as financial advisor to the SPAC in connection with the Transaction.

 

[Signature pages follow.]

 

    	 	-33-	 

     

    

 

IN WITNESS WHEREOF, each of the Company, the SPAC
and Subscriber has executed or caused this Subscription Agreement to be executed by its duly authorized representative as of the date
first set forth above.

 

	 	GOGORO INC
	 	 
	 	By:	 
	 	 	Name: Hok-Sum Horace Luke
	 	 	Title: Chief Executive Officer

 

	 	Address for Notices:
	 	 
	 	Gogoro Inc.
	 	11F, Building C,
	 	No. 225, Section 2, Chang’an E. Rd.,
	 	SongShan District, Taipei City 105
	 	Taiwan
	 	Attn: Hok-Sum Horace Luke; Bruce Aitken; Titan Lee
	 	E-mail: horace.luke@gogoro.com; 

bruce.aitken@gogoro.com; 

titan.lee@gogoro.com
	 	 
	 	with a copy to (which will not constitute notice):
	 	 
	 	Wilson Sonsini Goodrich & Rosati, P.C.
	 	One Market Plaza, Spear Tower, Suite 3300
	 	San Francisco, California 94105
	 	Attn: Mark Baudler
	 	Email: mbaudler@wsgr.com

 

[Signature Page to
PIPE Subscription Agreement]

 

    	 	 	 

     

    

 

	 	POEMA GLOBAL HOLDINGS CORP.
	 	 
	 	By:	 
	 	 	Name: Joaquin Rodriguez Torres
	 	 	Title: Co-Chairman
	 	 
	 	By:	 
	 	 	Name: Homer Sun
	 	 	Title: CEO

 

	 	Address for Notices:
	 	 
	 	Poema Global Holdings Corp.
	 	49/F One Exchange Square
	 	8 Connaught Place
	 	Central, Hong Kong
	 	Attn: Homer Sun
	 	Email: homer@poema-global.com
	 	 
	 	with a copy to (which will not constitute notice):
	 	 
	 	Kirkland & Ellis
	 	26th Floor, Gloucester Tower, The Landmark
	 	15 Queen’s Road Central, Hong Kong
	 	Attn:	Gary Li, Jesse Sheley, Joseph Casey, Ram Narayan
	 	Email:	gary.li@kirkland.com; 

jesse.sheley@kirkland.com;

 joseph.casey@kirkland.com; 

ram.narayan@kirkland.com

 

[Signature Page to
PIPE Subscription Agreement]

 

    	 	 	 

     

    

 

 

	 	SUBSCRIBER:
	 	 
	 	Print Name:	 

 

	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 
	 	Address for Notices:
	 	 
	 	 
	 	 
	 	Name in which shares are to be registered:
	 	 
	 	 

 

	Number of Subscribed Shares subscribed for:	 
	 	 
	Price Per Subscribed Share:	$10.00
	 	 
	Aggregate Purchase Price:	 $______________________

 

You must pay the Purchase Price by wire transfer
of United States dollars in immediately available funds to the account of the Company specified by the Company in the Closing Notice.

 

[Signature Page to
PIPE Subscription Agreement]

 

    	 	 	 

     

    

 

ANNEX A

 

ELIGIBILITY REPRESENTATIONS OF SUBSCRIBER

 

FOR NON-INDIVIDUALS

 

This Annex A should be completed by Subscriber

and constitutes a part of the Subscription Agreement. If Subscriber is an individual, it should complete Annex A-1 in lieu of this Annex
A.

 

Please indicate the basis of the undersigned’s
(the “Investor”) status as a “qualified institutional buyer” (as defined in Rule 144A promulgated
under the Securities Act) or an institutional “accredited investor” (as defined in Regulation D promulgated under the Securities
Act) by answering the following questions.

 

		A.	QUALIFIED INSTITUTIONAL BUYER STATUS (Please check the applicable subparagraphs):

 

		 ̈	We are a “qualified institutional buyer” (as defined in Rule 144A under the Securities Act of 1933, as amended
(the “Securities Act”)) (a “QIB”) and have marked and initialed the appropriate box on the following
pages indicating the provision under which we qualify as a QIB.

 

		 ̈	We are subscribing for the Shares as a fiduciary or agent for one or more investor accounts, and each owner of such account is a QIB.

 

*** OR ***

 

		B.	INSTITUTIONAL ACCREDITED INVESTOR STATUS (Please check the applicable subparagraphs):

 

		 ̈	We are an institutional “accredited investor” (within the meaning of Rule 501(a)(1), (2), (3), (7), (8), (9),
(12) or (13) under the Securities Act) and have marked and initialed the appropriate box on the following pages indicating the provision
under which we qualify as an institutional “accredited investor.” We are not a natural person.

 

*** OR ***

 

		C.	NON-US PERSON INVESTOR STATUS:

 

		 ̈	We are not a U.S. Person (within the meaning of Rule 902(k) under the Securities Act) or a United States person (within
the meaning of Section 7701(a)(3) of the Internal Revenue Code of 1986, as amended).

 

*** AND ***

 

    	 	 	 

     

    

 

		D.	AFFILIATE STATUS

(Please check the applicable box)

 

SUBSCRIBER:

 

 ̈
is:

 

 ̈
is not:

 

an “affiliate” (as defined in Rule 144 under
the Securities Act) of the Company or acting on behalf of an affiliate of the Company.***

 

Qualified Institutional Buyer

 

The Subscriber is a “qualified institutional buyer”
(within the meaning of Rule 144A under the Securities Act) if it is an entity that meets any one of the following categories at the
time of the sale of securities to the Subscriber. (Please check the applicable subparagraphs below to indicate the basis on which you
are a “qualified institutional buyer”):

 

		 ̈	The Subscriber is an entity that, acting for its own account or the accounts of other qualified institutional buyers, in the aggregate
owns and invests on a discretionary basis at least $100 million in securities of issuers that are not affiliated with the Subscriber and:

 

		 ̈	is an insurance company as defined in section 2(a)(13) of the Securities Act;

 

		 ̈	is
an investment company registered under the Investment Company Act of 1940, as amended (the “Investment Company Act”),
or any business development company as defined in section 2(a)(48) of the Investment Company Act;

 

		 ̈	is a Small Business Investment Company licensed by the US Small Business Administration under section 301(c) or (d) of the
Small Business Investment Act of 1958, as amended (“Small Business Investment Act”) or any Rural Business Investment
Company as defined in section 384A of the Consolidated Farm and Rural Development Act;

 

		 ̈	is
a plan established and maintained by a state, its political subdivisions, or any agency or instrumentality of a state or its political
subdivisions, for the benefit of its employees;

 

		 ̈	is an employee benefit plan within the meaning of Title I of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”);

 

		 ̈	is a trust fund whose trustee is a bank or trust company and whose participants are exclusively (a) plans established and maintained
by a state, its political subdivisions, or any agency or instrumentality of a state or its political subdivisions, for the benefit of
its employees, of (b) employee benefit plan within the meaning of Title I of the ERISA, except, in each case, trust funds that include
as participants individual retirement accounts or H.R. 10 plans;

 

    	 	 	 

     

    

 

		 ̈	is a business development company as defined in section 202(a)(22) of the Investment Advisers Act of 1940, as amended (the “Investment
Advisers Act”);

 

		 ̈	is an organization
described in section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”),
corporation (other than a bank as defined in section 3(a)(2) of the Securities Act, a savings and loan association or other institution
referenced in section 3(a)(5)(A) of the Securities Act, or a foreign bank or savings and loan association or equivalent institution),
partnership, limited liability company or Massachusetts or similar business trust;

 

		 ̈	is an investment adviser registered under the Investment Advisers Act; or

 

		 ̈	Any institutional accredited investor, as defined in rule 501(a) under the Securities Act (17 CFR 230.501(a)), of a type
not listed in paragraphs (a)(1)(i)(A) through (I) or paragraphs (a)(1)(ii) through (vi) of Rule 501.

 

		 ̈	The Subscriber is a dealer registered pursuant to Section 15 of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), acting for its own account or the accounts of other qualified institutional buyers, that in the aggregate owns and invests
on a discretionary basis at least $10 million of securities of issuers that are not affiliated with the Subscriber;

 

		 ̈	The Subscriber is a dealer registered pursuant to Section 15 of the Exchange Act acting in a riskless principal transaction on
behalf of a qualified institutional buyer;

 

		 ̈	The Subscriber is an investment company registered under the Investment Company Act, acting for its own account or for the accounts
of other qualified institutional buyers, that is part of a family of investment companies1
which own in the aggregate at least $100 million in securities of issuers, other than issuers that are affiliated with Subscriber or are
part of such family of investment companies;

 

		 ̈	The Subscriber is an entity, all of the equity owners of which are qualified institutional buyers, acting for its own account or the
accounts of other qualified institutional buyers; or

 

 

 

1
 “Family of investment companies” means any two or more investment companies registered under the Investment Company
Act, except for a unit investment trust whose assets consist solely of shares of one or more registered investment companies, that have
the same investment adviser (or, in the case of unit investment trusts, the same depositor); provided, that, (a) each series of
a series company (as defined in Rule 18f-2 under the Investment Company Act) shall be deemed to be a separate investment company and (b)
investment companies shall be deemed to have the same adviser (or depositor) if their advisers (or depositors) are majority-owned subsidiaries
of the same parent, or if one investment company’s adviser (or depositor) is a majority-owned subsidiary of the other investment
company’s adviser (or depositor).

 

    	 	 	 

     

    

 

		 ̈	The Subscriber is a bank as defined in section 3(a)(2) of
the Securities Act, or any savings and loan association or other institution as defined in section 3(a)(5)(A) of the Securities
Act, or any foreign bank or savings and loan association or equivalent institution, acting for its own account or the accounts of other
qualified institutional buyers, that in the aggregate owns and invests on a discretionary basis at least $100 million in securities of
issuers that are not affiliated with the Subscriber and that has an audited net worth of at least $25 million as demonstrated in its
latest annual financial statements, as of a date not more than 16 months preceding the date of sale of securities in the case of a US
bank or savings and loan association, and not more than 18 months preceding the date of sale of securities for a foreign bank or savings
and loan association or equivalent institution.

 

OR

 

Institutional Accredited Investor

 

Rule 501(a) under the Securities Act, in relevant part, states
that an “accredited investor” shall mean any person who comes within any of the below listed categories, or who the
issuer reasonably believes comes within any of the below listed categories, at the time of the sale of the securities to that person.
Subscriber has indicated, by marking and initialing the appropriate box(es) below, the provision(s) below which apply to Subscriber
and under which Subscriber accordingly qualifies as an “accredited investor.”

 

		(a)	The Investor is an entity —
i.e., a corporation, partnership, limited liability company or other entity (other than a trust) — and:

 

		i.	The Investor is a corporation, partnership or limited liability company, or an organization described in Section 501(c)(3) of
the Internal Revenue Code of 1986, as amended, in each case not formed for the specific purpose of acquiring the securities being offered
or sold and with total assets in excess of $5,000,000.

 

		ii.	The Investor is one of the following institutional investors as described in Rule 501(a) adopted by the Securities and Exchange
Commission under the Securities Act:

 

	 	A.	A “bank” (as defined in Section 3(a)(2) of the Securities Act) or a “savings and loan association” (as defined in Section 3(a)(5)(A) of the Securities Act), whether acting in its individual or fiduciary capacity.	  ̈
	 	 	 	 
	 	B.	A broker or dealer registered pursuant to Section 15 of the Securities Exchange Act of 1934, as amended.	  ̈
	 	 	 	 
	 	C.	An “insurance company” (as defined in Section 2(a)(13) of the Securities Act).	  ̈
	 	 	 	 
	 	D.	An investment company registered under the Investment Company Act of 1940, as amended (the “Investment Company Act”) or a “business development company” (as defined in Section 2(a)(48) of the Investment Company Act).	  ̈

 

    	 	 	 

     

    

 

	 	E.	A Small Business Investment Company licensed by the U.S. Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act of 1958, as amended.	  ̈
	 	 	 	 
	 	F.	A plan established and maintained by a state, its political subdivisions, or any agency or instrumentality of a state or its political subdivisions, for the benefit of its employees, if such plan has total assets in excess of $5,000,000.	  ̈
	 	 	 	 
	 	G.	An employee benefit plan within the meaning of Title I of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and (a) the investment decision to purchase the securities being offered or sold was made by a “plan fiduciary” (as defined in Section 3(21) of ERISA), which is either a bank, savings and loan association, insurance company or registered investment adviser, which has total assets in excess of $5,000,000 or (b) which is a self-directed plan, with investment decisions made solely by persons that are accredited investors. NOTE: To the extent that reliance is placed on clause (b), each person must complete a copy of this Accredited Investor Questionnaire, signing next to each response, and submit such copy to the Company.	  ̈
	 	 	 	 
	 	H.	A private business development company as defined in
Section 202(a)(22) of the Investment Advisers Act of 1940, as amended.  	  ̈
	 	 	 	 
	 	I.	The Investor is an entity that (1) owns “investments” (as defined in Rule 2a51-1(b) under the Investment Company Act) in excess of $5,000,000, and (2) was not formed for the specific purpose of acquiring the securities offered.	  ̈
	 	 	 	 
	 	J.	The Investor is a “family office” (as defined in rule 202(a)(11)(G)-1 under the Investment Advisers Act of 1940 (“Advisers Act”)) that (1) has in excess of $5,000,000 in assets under management, (2) was not formed for the specific purpose of acquiring the securities offered, and (3) is directed by a person with such knowledge and experience in financial and business matters that the family office is capable of evaluating the merits and risks of the prospective investment (“family clients” (as defined in rule 202(a)(11)(G)-1 under the Advisers Act) that meet these requirements will also qualify as accredited investors, provided that the family clients’ investments are directed by such family office). 	  ̈
	 	 	 	 
	 	K.	The Investor is a SEC- or state-registered investment adviser, an investment advisers exempt from SEC registration under Section 203(m)  or Section 203(l) of the Advisers Act, a rural business investment company.	  ̈

 

	

(b)           The
Investor is a trust with total assets in excess of $5,000,000 not formed for the specific purpose of acquiring the securities offered,
whose purchase is directed by a sophisticated person who has such knowledge and experience in financial and business matters that he
is capable of evaluating the merits and risks of the prospective investment.

	  ̈

 

     

     

    

 

ANNEX A-1

 

ELIGIBILITY REPRESENTATIONS OF SUBSCRIBERS

 

FOR INDIVIDUALS

 

This Annex A-1 should be completed by Subscriber
and constitutes a part of the Subscription Agreement. Subscribers other than natural persons (e.g., corporations, trusts, limited
liability companies, partnerships, etc.) should complete Annex A in lieu of this Annex A-1.

 

		1.	PERSONAL

 

	Name:	 
	 
	Home address:	 
	 
	Home phone:	 
	 
	Email:	 
	 

 

		2.	BUSINESS

 

	Occupation:	 
	 
	Number of years:	 
	 
	Employer:	 
	 
	Position/title:	 
	 
	Work address:	 
	 
	Work phone:	 
	 
	Work email:	 

 

     

     

    

 

		3.	RESIDENCE INFORMATION

 

		(a)	Set forth in the space provided below
                                            the states in which you have maintained your primary residence during the past three years
                                            and the dates during which you resided in each state:
	 	 	 
	 	 	 
	 	 	 

 

		(b)	Are you registered to vote in, or do
                                            you have a driver’s license issued by, or do you maintain a residence or pay income
                                            taxes in, any other state?

 

	 	 	Yes	 	No

 

If “Yes,”
describe:

 

	 	 	 
	 	 	 

 

		4.	INDIVIDUAL INCOME

 

		(a)	Do you reasonably expect your own income
                                            from all sources during the current year to exceed $200,000?

 

	 	 	Yes	 	No	 	 

 

	If “No,” specify amount:	 

 

		(b)	What percentage of your expected income
                                            for the current year is anticipated to be derived from sources other than salary? Provide
                                            the expected percentage breakdown of non-salary income sources.

 

	 	 	 
	 	 	 

 

     

     

    

 

		(c)	Was your yearly income from all sources
                                            during each of the last two years in excess of $200,000?

 

	 	 	Yes	 	No

 

If
 “No,” specify amount for:

 

	Last year:	 
	 
	Year before last:	 

 

		5.	JOINT INCOME

 

		(a)	Have you been married, or had a spousal
                                            equivalent, at any time within the last three years?

 

	 	 	Yes	 	No

 

If “No,”
you may skip to question 6.

 

		(b)	Do you and your spouse or spousal equivalent,
                                            as applicable, reasonably expect the joint income of you and your spouse or spousal equivalent,
                                            as applicable, from all sources during the current year to exceed $300,000?

 

	 	 	Yes	 	No	 	No spouse
    or equivalent 

    (current year)

 

	If “No,” specify amount:	 

 

		(c)	What percentage of the expected joint
                                            income for the current year is anticipated to be derived from sources other than salary?
                                            Provide the expected percentage breakdown of non-salary income sources.

 

	 	 	 
	 	 	 

 

     

     

    

 

		(d)	Was the joint income of you and your
                                            spouse (if then married) or spousal equivalent (at such time) from all sources during the
                                            last year in excess of $300,000?

 

	 	 	Yes	 	No	 	No spouse
    or equivalent 

    (last year)

 

	If “No,” specify amount:	 

 

		(e)	Was the joint income of you and your
                                            spouse (if then married) or spousal equivalent (at such time) from all sources during the
                                            year before last year in excess of $300,000?

 

	 	 	Yes	 	No	 	No spouse
    or equivalent 

    (year before last)

 

	If “No,” specify amount:	 

 

     

     

    

 

		6.	NET WORTH

 

Will your net worth
(i.e., the excess of assets over liabilities) as of the date you purchase the securities offered, together with the net worth
of your spouse or spousal equivalent, if applicable, be in excess of $1,000,000?

 

		·	When
                                            determining your net worth, the value of your primary residence (i.e., the home where
                                            you live most of the time) should not be included as an asset. Indebtedness secured by
                                            your primary residence, up to its estimated fair market value at the time of the sale
                                            of the securities, should not be included as a liability (except that if the amount of the
                                            indebtedness outstanding at the time of the sale of the securities exceeds the amount outstanding
                                            60 days before that time, other than as a result of the acquisition of the primary residence,
                                            the amount of the excess should be included as a liability). Indebtedness secured by your
                                            primary residence in excess of the estimated fair market value of the primary residence
                                            at the time of the sale of the securities should be considered a liability and deducted
                                            from net worth.

 

		·	The
                                            value of vested employee stock options may be included in net worth.

 

	 	 	Yes	 	No

 

	If “No,” specify amount:	 

 

		7.	PROFESSIONAL CERTIFICATIONS

 

Please check the
appropriate boxes to indicate if you hold, in good standing, one or more of the following professional certifications, designations or
credentials:

 

	 	 	General
    Securities Representative license (Series 7)
	 	 
	 	 	Private
    Securities Offerings Representative license (Series 82)
	 	 
	 	 	Investment
    Adviser Representative license (Series 65)
	 	 
	 	 	Other
    license that would qualify you for accredited investor status under Rule 501(a)(10)
	 	 	Describe:	 
	 	 
	 	 	None
    of the above
	 	 	 	 	 

     

     

    

 

		8.	INVESTMENT INTENT

 

Will you be purchasing
the securities for your own account and for investment purposes only?

 

	 	 	Yes	 	No

 

	If “No,” please state
    for whom you are investing and/or the reasons for investing:

	 	 	 
	 	 	 

 

		9.	POTENTIAL INVESTMENT

 

		(a)	Approximate amount of your proposed
                                            investment, if known:

	 	 	 

 

		(b)	Will your investment in these securities
                                            exceed 10% of your net worth or joint net worth with your spouse (if married)?

 

	 	 	Yes	 	No

 

IF YOU ANSWERED “YES” TO BOTH
QUESTIONS 4(a) and (c), OR “YES” TO EACH OF QUESTIONS 5(b),
(d) and (e), OR “YES” TO QUESTION 6 OR QUESTION 7, YOU MAY GO TO THE SIGNATURE PAGE TO SIGN AND
DATE THE QUESTIONNAIRE. IF NOT, PLEASE COMPLETE THE REMAINDER OF THIS PART 1.

 

____________

 

		10.	EDUCATION

 

Please describe
your educational background and degrees obtained, if any:

 

	 	 	 
	 	 	 

 

     

     

    

 

		11.	AFFILIATION

 

Do you have any
pre-existing personal or business relationships with the Company or any of its officers, directors or controlling persons or any other
potential purchasers?

 

	 	 	Yes	 	No

 

If “Yes,”
please describe the nature and duration of those relationships:

 

	 	 	 
	 	 	 
	 	 	 
	 	 	 

 

		12.	BUSINESS AND FINANCIAL EXPERIENCE

 

Do you have the
capacity to evaluate the merits and risks of the proposed investment and the capacity to protect your interests?

 

	 	 	Yes	 	No

 

If “Yes,”
please describe in reasonable detail the nature and extent of your business, financial and investment knowledge and experience that you
believe gives you the capacity to evaluate the merits and risks of the proposed investment and the capacity to protect your interests.

 

	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 

 

     

     

    

 

		13.	RISK

 

		(a)	Do you understand that the purchase
                                            of the securities involves a high degree of risk, and that the Company’s future prospects
                                            are uncertain?

 

	 	 	Yes	 	No

 

		(b)	Are you able to hold the securities
                                            indefinitely, if required, and are you able to bear the loss of your entire investment in
                                            the securities?

 

	 	 	Yes	 	No

 

		14.	PROFESSIONAL ADVISORS

 

In evaluating
this investment, will you use the services of an accountant, an attorney or other advisors?

 

	 	 	Yes	 	No

 

If “Yes,”
please identify, providing address and telephone information.

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